1. FTSE 100 closes down 60 points
At the close, London’s lead index was down 59.92 points, 0.8%, at 7,623.99, while the FTSE 250 fell 191.53 points, 1.0%, at 18,415.31
2. Entain plummets as analysts caution over weaker sales
The owner of Ladbrokes and Coral was 9% lower on Monday after disappointing investors with a warning that revenue growth has been slowing in 2023, but City analysts are not writing the stock off yet.
3. Manchester United takeover: shares seen higher amid fresh bid speculation
It comes as UK media reports speculated that another, higher bid to buy the club could possibly come from Qatari businessman Sheikh Jassim bin Hamad Al Thani.
4. Scrapping HS2’s northern leg a risk to big business and SMEs alike
The Conservatives are eyeing savings of £30 billion-plus in HS2 by scrapping the northern leg of Britain’s landmark high-speed rail project, according to media speculation.
5. Aldi profit soars as customers switch to discounters for good
Sales hit a record £15.5 billion over the 12 months to December 2022, Aldi reported on Monday, helping the chain’s market share climb to 10.1% as of this month.