If you find this podcast useful please give it a rating and review on iTunes by clicking here
5 Things You Need To Know, Today, on Monday 17th October 2022
5. BMW insists Oxford will "remain at the heart of Mini production" despite it moving the manufacture of some of its electric cars to China.
The first electric Mini was built at the city's Cowley plant in 2020. All Minis will be electric by 2030.
4. The pound moved higher in Asia after the UK government made a series of U-turns as it abandoned tax cutting policies.
Sterling gained around 0.7% to trade above $1.12 in Monday trading.
3. Britain's housing market lost momentum this month after Prime Minister Liz Truss's economic plans upset financial markets and triggered a repricing of the mortgage market, data from property website Rightmove showed today.
Asking prices for homes coming to the market rose by 7.8% year-on-year in October, the smallest increase since January.
2. The chairman of Tesco has warned of the hardship people will face in the wake of rising interest rates.
John Allan said he was aware millions would face much higher mortgage payments while prices for food and energy were already increasing.
1. New Chancellor Jeremy Hunt is to fast track many billions of pounds worth of tax and spending measures from his debt plan, announcing them a fortnight earlier than expected.
The Treasury will outline details of the plans later today. It is the latest of a series of U-turns on policies announced in the mini-budget.