1. Chancellor Rachel confirms £22bn public spending black hole
The new chancellor of the exchequer announced that the government will announce “difficult decisions” it has made in tax and spending as part of its first Budget in October, as well as canning the NatWest retail share offer.
2. FTSE 100 flatters to deceive
Stocks jumped to a two-month high in early trading before tailing off badly towards the end of the session.
3. Pearson’s efficiency drive sees revenues take hit
The education provider’s recently-appointed chief executive, Omar Abbosh, has been on an efficiency drive since he took over in January, positioning artificial intelligence as key to his plans.
4. Bitcoin’s Trump trade back in action after fiery weekend speech
If elected, Trump will move to create a government-owned bitcoin stockpile while promising to reverse the rival Democrat Party’s “anti-crypto crusade”.
5. Heineken shares tumble as sales volumes evaporate
Volumes for its beers sold rose by 2.1% for the first six months of the financial year, down on the 3.4% predicted by analysts, with the Euros failing to give the company the boost needed.