1. UK inflation eases to lowest in two years...
UK inflation has fallen to a two-year low, figures from the Office for National Statistics (ONS) showed, helped by a drop in energy bills last month.
2. ...so BoE interest rate has peaked, economists say...
The sharp fall in UK inflation figures in October has reinforced views that interest rates have peaked, with economists predicting the first cuts could come as early as next spring.
3. ... and helping lift FTSE 100 to three-week high
As the inflation numbers knocked the pound back from recent two-month highs, London's blue-chip index hit intraday highs not seen since mid-October and finished up 46 points
4. Manchester United rallies as CEO exits ahead of anticipated Ratcliffe deal
Man Utd chief executive Richard Arnold is leaving Old Trafford in a move that is being taken as a precursor to confirmation of Sir Jim Ratcliffe’s deal to buy 25% of the company.
5. ChatGPT owner halts signs-ups as demand for AI tools skyrockets
OpenAI has paused new sign-ups of its landmark ChatGPT artificial intelligence-powered chatbot after a surge in usage exceeded the platform’s capacity.