1. Bestway builds stake in Sainsbury’s
Bestway declaration that it would “look forward to supporting the executive management team” was important, analysts at UBS said
2. Rolls-Royce’s performance unsustainable, said boss
Erginbilgic, who took over from Warren East at the beginning of January, stated that the company's performance is "unsustainable" and "at a level [at which] it cannot continue."
3. HS2 will go to Euston, said Jeremy Hunt
Other alternatives were said to be a two to five-year delay to the entire project or scrapping the Birmingham to Crewe and Manchester legs.
4. FTSE 100 ends the week flat
At the close, the FTSE 100 was right back where it started, closing slightly higher at 7,765 points for a four-point, 0.1% gain on the day.
5. ChatGTP reignites tech stocks
Open AI, which owns ChatGTP and art generation software DALLE-E-2, could become deeper integrated into Microsoft’s software, Freetrade spokesman Alex Campbell said.