1. HSBC pulls mortgage deals
HSBC announced it was withdrawing new deals “to ensure that we can stay within our operational capacity and meet our customer service commitments”, making it likely that the bank will raise rates on Monday.
2. Windfall tax could get the boot
Oil and gas prices, which soared last year but have since dropped to pre-energy crisis levels, will have to fall to “historically normal levels” for two consecutive three-month periods for the change to be made in March 2028.
3. Disney offers free cricket streaming to Indian customers
Hotstar said it would offer the Asia Cup and ICC Men’s Cricket World Cup tournaments at no cost to users.
4. FTSE 100 ends week in the red
The FTSE 100 closed out a choppy trading week on the wrong side of the 7,600 level
5. Tesco blasted for misleading Clubcard prices
“Tesco’s unclear Clubcard pricing is at best confusing for shoppers struggling with soaring food inflation and at worst could be breaking the law,” Which? food head Sue Davies said.