1. FTSE 100
The FTSE 100 finished the day on a high note, rising 5 points to 7699 as cooling domestic inflation boosted risk appetite even as Heineken cut its 2023 profit growth forecast.
2. BT appoints new chief executive
Allison Kirkby will assume the role by the end of January 2024 at the latest, having been a non-executive director at the telco giant since 2019.
3. Manchester United pens “record-breaking” Adidas kit deal
The football club said the new deal would run until June 2035 and has a minimum cash guarantee of £900mln, though investors seemed unimpressed as the stock fell.
4. McDonald’s to open spin-off restaurant
McDonald’s spinoff CosMc’s will be based on the character featured in advertising campaigns alongside the likes of Ronald McDonald.
5. Government backs further North Sea oil and gas production
Britain will offer up scores more licences for companies to drill for oil and gas in UK waters, sending North Sea stocks upwards.