Recap: Yesterday’s top stories
Good morning. Here’s a summary of our top stories from yesterday:
- ASOS plunges to a £300 million loss as sales fall 10%.
- John Lewis staff have backed boss Sharon White after she vowed to prevent the firm’s de-mutualisation.
- The bosses of the world’s largest crypto exchange Binance have mounted a charm offensive to restore relations with the FCA.
- The boss of Wetherspoons has slammed MPs for their “lack of understanding” on inflation.
- National Express is to change its name to Mobico.
Today we’re expecting trading updates from Rolls-Royce and Balfour Beatty.
Later in the day we’ll cover the Bank of England’s interest rate decision.
