1. Bank of England’s biggest rate hike for 25 years
A recession is expected to begin in the fourth quarter of 2022 and last for five quarters, rate-setters forecast as they hiked interest rates to try and control inflation.
2. Next is the retail king
What is the secret for the FTSE 100 retail chain, which boasted second-quarter sales that beat expectations once again?
3. Can Rolls-Royce be fixed?
Today's results lifted the lid on some of the engineering group's problems that the incoming CEO could turn things around with a bolder strategy.
4. FTSE 100 ends almost flat after BoE hike
At the close, the UK blue-chip index was up 2.38 points, or 0.1% at 7,448.06, well below the session peak of 7,491.74 but above the day’s low of 7,417.49.
5. Arrow in the foot for Robinhood
Once touted as the future of retail stock brokers, is the hybrid exchange now more Men in Tights than Prince of Thieves?
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Shrewd forecasters Longview Economics reckon a recession is not priced into equity markets.