Rolling coverage of the latest economic and financial news
- Latest: Christine Lagarde pushes for bitcoin regulation
- ECB president warns about money-laundering and ‘funny business’
- Brent crude over $57 as rally continues
- China car sales up again in December
- ASOS, Lidl and Just Eat post strong Christmas sales
Time to wrap up.
The head of the European Central Bank has called for bitcoin to face global regulation. Christine Lagarde said the cryptocurrency was a highly speculative asset used for money-laundering and other ‘funny business’.
Related: Next shares nears all-time high as sales hold up during pandemic
Related: Debenhams to shut six stores including Oxford Street flagship
Related: Honda to close UK plant for four days owing to supply chain problems
Related: Panettone and pink prosecco push Lidl to record UK Christmas
Related: Panettone and pink prosecco push Lidl to record UK Christmas
Related: Yellow mealworm safe for humans to eat, says EU food safety agency
In the City, the FTSE 100 has ended the day slightly lower – down 8 points at 6745.
Ocado finished as the top riser, up 3.5%, with supermarket rival Morrison gaining 2.7%.
