1 – Boohoo slashes profit forecast as Omicron scuppers crimbo office parties
Boohoo Group PLC (AIM:BOO) issued a profit warning today, with the company citing a larger number of returns as one of the key factors behind the slashing of its forecasts.
2 – Punters delight as Reddit readies public listing
Meme stock followers favourite platform has started to make preparations for a listing in the US
3 – Lloyds shares jump as UK raises interest rates for the first time since the pandemic started
The Bank of England’s monetary policy committee (MPC) lifted rates from 0.1% to 0.25%.
4 – FTSE 100 surges higher as rates rise – go figure
The UK blue-chip index shrugged off a surprise rate rise and Omicron concerns to rocket over 89 points, or 1.25%, to close at 7,260.61.
5 – M&S and Aldi reopen copycat row with gin the new battleground
Marks and Spencer Group PLC has gone into battle with budget supermarket chain Aldi for a second time – this time over the design of gin bottles.
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There’s also Bruce Springsteen selling his music catalogue, Friday’s agenda, and France’s ban on British tourists
Read More: Lloyds pumped as interest rates rise, Boohoo returns woe, Reddit