Good morning. The FTSE 100 is tipped to open higher, recovering ground it lost yesterday.
Nissan has given a vote of confidence in its Sunderland plant, revealing plans for a new electric car there alongside a new gigafactory to produce car batteries.
5 things to start your day
1) Sunak to launch City fightback against Brussels after winning tax deal: Chancellor vows to protect UK’s dominance over EU rivals for decades to come after securing US backing for exemption from global levy.
2) Cornish homes to be powered by geothermal waters in UK first: Private firm Geothermal Engineering has signed heads of terms with Cornwall Council for four geothermal plants in the county.
3) Britain to protect steel industry after U-turn from Truss: Ms Truss is to go against advice to drop tariffs on imports of certain types of steel after the industry appealed directly to Boris Johnson.
4) Gap to close all UK and Ireland stores in retreat from Europe: The US chain plans to close its total of 81 stores in the UK and Ireland “in a phased manner” within the month from the end of…
