1. FTSE 100 closes convincingly higher
Britain's blue-chip benchmark closed Friday up over 188 points, or 2.68% to close at 7,208.81
2. Copper’s weakness sign of the global economy
Simply put, demand is dropping and buyers are fearful of a coming recession, both in the USA and in other major economies.
3. Barclays in £2.3bn deal for mortgage lender
The bank said the purchase will allow it to expand its offering in the mortgage market, increase its customer base and grow “mortgage initiations to better utilise our strong UK funding base”.
4. Zalando is not the first, and won’t be the last, to issue a profit warning
The online German retail group, which has won market share in the UK, has told investors it is taking a “more conservative” view of its guidance for the remainder of the year – and conservative may prove to be an understatement.
5. Netflix lays off more staff
The streaming giant said it laid off 300 more employees, having last month let go of 150 employees.
Let's take a look ahead at some of next week's news
Companies reporting include Bunzl, Capita, Moonpig and Wise