1. HSBC reorganises into four divisions, appoints new CFO
Geographically, the management of HSBC will be split into 'Eastern Markets', made up of Asia Pacific plus the Middle East, and 'Western Markets', consisting of the UK non-ringfenced bank, Continental Europe and Americas.
2. Government borrowing third highest on record for September ahead of Budget
This marked the highest figure for September since records began in 1993 and was above the Office for Budget Responsibility’s forecast for £15.1 billion.
3. France's Canal+ IPO would see a mid-FTSE 100 valuation
French television and film group Canal+ is hoping to fetch a valuation of up to £8 billion share when it lists on the London Stock Exchange by the end of the year, which could help spark the start of a comeback for new listings in the City after a deathly quiet few years.
4. FTSE 100 Live
Stocks recover.
5. UK economy to grow faster than previously expected this year - IMF
A revised forecast from the IMF showed the UK economy was expected to grow by 1.1% in 2024, above the 0.7% previously anticipated in July.