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FIVE at FIVE: Tough week for big tech, IAG’s upgrade, NatWest underperforms and round up of Lloyds and other banks…

Here’s Proactive’s round-up of the top financial stories of the day, with helpful links taking you directly to the news

1. Apple, Meta, Amazon and Microsoft all reported this week

But now that most big-tech earnings calls are in, exactly how bad was it?

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2. British Airway's owner IAG raises profit guidance

Fourth quarter capacity is expected to be approximately 87% of 2019, resulting in a full-year 2022 capacity of around 78% of the 2019 level.

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3. NatWest falls short

The planned withdrawal from the Republic of Ireland through its Ulster Bank subsidiary led to a further charge on the mortgage book of some €419mln.

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4. FTSE 100 fails to hold onto gains, finishes week in the red

The FTSE 100 failed to hold onto any gains at the end of the day, finishing 0.4% lower at 7,048.

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5. What happened in banking week?

But with the quintet reporting on different days, an exact comparison is tough though Lloyds looks to be the winner and Natwest the loser

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