Your Daily Brief For February 27th

Your Daily Brief For February 27th

10 months ago1 min

Your Daily Brief is ready: a rundown of the top two News Stories each day.

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Today's Insight

Your Brief Summary

In today’s Daily Brief, we'll be looking at airline group IAG, which just released its latest results.

"After two years and over $10 billion in losses, IAG made a long-awaited return to profitability in 2022. And the group is optimistic that things will get better still, forecasting almost double the profit this year."

Key takeaways:

  • Airline group IAG returned to profit last year for the first time since the pandemic
  • Soaring mortgage costs mean it’s cheaper to rent than buy in the UK right now
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Disclaimer: These articles are provided for information purposes only. Occasionally, an opinion about whether to buy or sell a specific investment may be provided. The content is not intended to be a personal recommendation to buy or sell any financial instrument or product, or to adopt any investment strategy as it is not provided based on an assessment of your investing knowledge and experience, your financial situation or your investment objectives. The value of your investments, and the income derived from them, may go down as well as up. You may not get back all the money that you invest. The investments referred to in this article may not be suitable for all investors, and if in doubt, an investor should seek advice from a qualified investment advisor.

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