1. Marks & Spencer shares wilt 5% as it fails to deliver anticipated earnings upgrade
Looking ahead, M&S said results for the year will be "consistent with market expectations". However, it also said economic growth remained "uncertain" while rising costs pushed by higher wages and business rates remained a concern.
2. Tesco upgrades after a strong Christmas period
The supermarket giant said operating profit for the 12 months would now be in the order of £2.75 billion compared with previous guidance of £2.6-£2.7 billion.
3. Bitcoin’s long-awaited ETF approval a ‘huge milestone’
Major asset managers including BlackRock, VanEck, Fidelity and Grayscale will finally be allowed to list their bitcoin investment products on the New York Stock Exchange, opening the spot market up to billions of dollars worth of traditional investment capital.
4. FTSE 100: Stocks extend falls after strong US inflation figures
Annual consumer price inflation rate picked up at a faster pace than expected, putting some cold water on the more optimistic hopes of an early rate cut.
5. Boohoo caught switching overseas labels to ‘Made in UK’
Boohoo Group PLC (AIM:BOO) has been using "Made in the UK" labels on potentially thousands of garments that were actually manufactured in South Asia, according to BBC Panorama research.