1. Bank of England fails to calm the market
The Bank of England (BoE) has intervened in the bond market again but with every move it makes to reassure the markets investors are left questioning just what is the extent of the financial malaise they are trying to protect, and how stretched are some of the UK’s leading pension funds.
2. Are Marston’s results good news for pubs?
With the World Cup coinciding with the first unrestricted winter period for two years, there is reason to be optimistic for the sector, said commentators, despite the obvious macro-challenges.
3. Lloyds, Natwest and Barclays fall following Santander’s warning
A report emerged that Santander UK is preparing for more customer defaults after seeing a pickup in customers falling behind on mortgage and loan payments.
4. FTSE 100 slips further at the close as Bank of England action highlights ongoing instability
The FTSE 100 fell over 1% at the close to finish 74 points lower at 6,885 - a 1.1% decline on the day.
5. New EU crypto bill from 2024
After a landslide vote by the Economic and Monetary Affairs Committee, the bill is set to take effect in 2024 pending a nod from the full European parliament.