1. FTSE 100 brushes new highs
London's blue chips approached the end of the week 52 points higher at 8,433 following confirmation the UK was out of recession.
2. UK economy grows ahead of expected in the first quarter
The UK economy grew 0.2% year on year and 0.6% sequentially in the first quarter of 2024, putting recession fears to bed.
3. British Airways owner IAG lands solid first-quarter results
Operating profit jumped ahead of expectations to €68 million on the back of increased demand.
4. Lidl ramps up supermarket wage war; are the hawks watching with intent?
This is great news – wages should keep up with inflation after all – but Bank of England hawks could also weaponise these surging salaries.
5. Activists storm Tesla gigafactory in Berlin
Social media posts showed hundreds of the protesters running into the site, while police officials attempted to stop them by spraying mace.