In MACRO & OIL NEWS, it looks like the ECB will keep raising rates, Vitol and Gunvor facilitate Russian oil and the North Sea windfall tax is disappointing. In CONSUMER & RETAIL NEWS, property prices weaken, food price rises have peaked, Boots is set to shut down stores and Zalando questions the new EU rules. In AUTOMOTIVE NEWS, Ford slashes jobs, Lordstown Motors files for bankruptcy protection and Aston Martin has high hopes. In FINANCIALS NEWS, the City makes baby steps with the EU, UBS is set to cut Credit Suisse headcount, Wise booms and CAB Payments chases an £850m valuation. AND FINALLY, I bring you the right way to drink a pornstar martini...
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