Heathrow warns it could cap passenger numbers on busiest days over Christmas, while banks report bumper profits
A peanut butter, dried thyme and garlic pasta dish is Nigella Lawson’s answer to money-saving as part of a suite of £1.25-a-portion recipes she has created under a partnership with online grocer Ocado.
The celebrity cook has been signed up as the upmarket delivery firm’s answer to the cut-price food blogger Jack Monroe in her first sponsorship deal with a retailer.
Barclays beat expectations thanks to surging revenues at its trading business. FICC (fixed income, currencies and commodities) trading operations revenues rose 93% but there was still nearly £1bn hit from a trading error in the US. Shares not seeing much uplift from this – usual concerns about trading revenues being one-off perhaps but also investors are not confident of seeing any returns. Whilst the report card is good there is a good deal of economic uncertainty and worries about a windfall tax on banks.
Same goes for Standard Chartered, which posted a 40% rise in profits thanks to rising interest rates. Shares fell with no fresh buybacks – banks will need to wait until the windfall tax is known or no longer a risk before they can really start distributing to shareholders.
