1. Mini-budget next Friday
Chancellor of the Exchequer Kwasi Kwarteng will deliver an emergency mini-budget to bring in winter tax cuts
2. What happens now after the Ethereum merge?
With the landmark protocol upgrade, Ethereum is now over 99% more energy efficient, and the foundations have been laid down to make it vastly more scalable and cheaper to operate.
3. Bonuses cancelled and more losses for John Lewis
John Lewis Partnership warned its staff they may not receive a bonus this year but said full-time workers will receive a £500 “one-off cost of living support payment”.
4. FTSE 100
The FTSE 100 rebounded at the close to finish slightly ahead, up 0.1% to close at 7,282 points.
5. GSK upgraded by Credit Suisse
The Swiss bank swapped its ‘sell’ rating for a ‘hold’ but trimmed the share price target to 1,430p from 1,630p to reflect a US$5bn base case of liability costs from Zantac.