1. FTSE 100 hammered as US inflation hits 40-year high
At the close, the UK blue-chip index was down 158.69 points, or 2.1% at 7,317.52, above the day's low of 7,294.20 but well below the session peak of 7,476.21, mirroring big falls on Wall Street after US CPI numbers showed inflation jump to a 41-year high.
2. Covid-19 cases rise in UK for the first time in months
Just when you thought it safe to ender the water, up pops the virus again
3. easyJet pilots warn cancellations will get worse
An internal letter from the airline’s French pilots made the prediction
4. Lloyds, HSBC and Standard Chartered can do better
The banks passed the latest safety test but shortcomings were evident said the BoE
5. Inflation hedges for tough times
Publicly traded infrastructure and property funds are expected to generate strong returns