1. FTSE 100 Live: Stocks fall led by Ocada
FTSE 100 down 45 points at 7,636.
2. Budget 2024: Hunt tipped to cut stamp duty
“We hope to see a long-term plan for new homes, including social housing, however, we expect we will see more short-term fixes,” ASK Partners chief executive Daniel Austin saisd ahead of the statement.
3. Aviva to re-enter Lloyd’s market through Probitas acquisition
Aviva will acquire Probitas's fully integrated Lloyd's platform, encompassing its corporate member, managing agent, international distribution entities and tenancy rights to Syndicate 1492.
4. Apple slapped with €1.8bn antitrust fine, rift between Spotify intensifies
It marks the first time the tech giant has faced an antitrust penalty from the European Union stemming from a complaint lodged by Spotify in 2019.
5. Hipgnosis’ music catalogue slashed in value, dividends remain on hold
Shot Tower’s preliminary findings estimated the fair market value of Hipgnosis' portfolio to be between US$1.8 billion and US$2.06 billion (£1.4 billion and £1.6 billion), a stark contrast to the US$2.62 billion fair value reported in September 2023.