1. Barclays, HSBC and Lloyds blatantly profiteering off struggling savers
The UK’s Big Four banks are failing in their “social duty” to provide adequate saving rates to customers, the cross-bench Treasury Select Committee has warned.
2. JD Sports enters Middle East in franchise agreement
As part of the 10-year agreement, GMG will open around 50 stores under the JD brand by 2028.
3. Google makes quantum computing breakthrough
Google has reportedly developed a quantum computer that performs calculations in an instant, which would otherwise take the world's best supercomputers 47 years.
4. London stocks end little changed
The FTSE 100 closed Monday down 4 points at 7,528 after a choppy, up-and-down session. That theme has been felt on both sides of the Atlantic ahead of the US 4th of July holiday.
5. AstraZeneca sees £7bn wiped from its value as lung cancer results fall short
While the drug helped lung cancer patients live longer without worsening symptoms, the trial's success and the drug's overall survival benefit lacked clarity.