FIVE at FIVE: FTSE 100 at two year high, EasyJet flying too high,
Here’s Proactive’s round-up of the top financial stories of the day, with helpful links taking you directly to the news
1.Brokers land budget airlines in the hold position
Shares in low-cost carriers (LCCs) have taken off following the scrapping of pre-departure Covid-19 tests and removal of all countries from the ‘red list’ in the UK, but now are high enough suggests Deutsche Bank.
2.Checkout.com doubles its valuation to US$40bn
The previous round, which took place a year ago, raised US$450mln and valued the London-based fintech at US$15bn.
3.IPO trend here to stay, according to Rathbone
With the UK flush with IPOs over the past 12-18 months, wealth manager Rathbone explains the UK’s appeal
4.FTSE 100 closes ahead
The UK’s top share index finished around 60 points higher, or 0.81%, at 7,551.72.
5.No end in sight for inflated gas prices
The pain from sky-high energy prices will continue for up to two years, according to the chief executive of Britain’s biggest gas supplier.
Looking ahead to some of tomorrows news
Trading updates from ASOS PLC (AIM:ASC), Halfords Group PLC (LSE:HFD), Marks and Spencer Group PLC (LSE:MKS) and Tesco PLC (LSE:TSCO)
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