Friday 05/11/21

In MACRO, CLIMATE & CRYPTO NEWS, the Bank of England leaves interest rates (but furlough and wage numbers keep the pressure on), climate pledges have a wobble and BTS NFTs are going to be a thing. In POSTCORONATRENDS NEWS, airlines hit turbulence, Wizz Air cuts fares, Airbnb recovers and Peloton loses momentum. In BANKS & REAL ESTATE NEWS, SocGen's investment bank comes up trumps, Metro Bank fields an approach, Purplebricks has a 'mare but foreign buyers return to London. In INDIVIDUAL COMPANY NEWS, IBM cuts 25% of its business, Uber makes its first ever profit and Novartis sells down its Roche stake. AND FINALLY, I bring you some snakey accommodation and a very weird hobby...

 


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