1. Britishvolt’s failure creates an opportunity for Scandinavian competitor
The Britishvolt project sits in stark contrast to the success of Swedish start-up Northvolt, which may be poised to capture a greater share of the EV battery market following its would-be competitor's insolvency.
2. Citi group increases price target for Centrica
The new 12-month price target is set at 118p, up from 110p, following last week's positive trading update from Centrica.
3. Vodafone’s largest investor increases stake
Abu Dhabi-listed e&, formerly known as Etisalat, hiked its shareholding in the UK telecoms group to 3.272bn shares, it said in a regulatory filing this morning.
4. FTSE 100 closes in red
Britain's blue-chip benchmark finished down on the day around 20 points, or 0.26%, at 7,830.
5. Aldi and Lidl hike food prices more than competitors
Discounters Lidl and Aldi raised grocery prices the most at the end of last year, according to new research, which found that budget and own-brand items saw the biggest hikes across the industry.