1. Currys warns of ‘inevitable’ price rises as Budget fuels costs
“We will seek to mitigate as much of this as possible through cost-saving measures,” Currys said, citing the likes of automation, offshoring and outsourcing.
2. House market recovery risks losing momentum, RICS warns
New buyer enquiries remained positive with a largely unchanged reading of 12%, but the net balance of respondents highlighting higher agreed sales volumes fell from 8% to 1%.
3. FTSE 100 Live
While ECB opens door for rate cuts.
4. Barbed concessions made in Frasers-Boohoo slugfest
The London-listed Sports Direct owner is seeking to appoint its founder and figurehead Mike Ashley (pictured) as chief executive to wrest the company away from a plummeting market valuation.
5. Drax gains on deal to supply cut-down trees for sustainable jet fuel
Sustainable aviation fuel, which can be made using the likes of waste, is expected to play a major part in decarbonising the aviation industry.