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5 Things You Need To Know, Today, on Monday 1st November 2021
5. Mortgage experts are expecting a "slow and measured" increase in the cost of home loans amid predictions of rising prices elsewhere.
All eyes turn to the Bank of England this week who will consider whether to raise the base rate.
4. Construction equipment maker JCB has signed a deal to buy billions of pounds of green hydrogen, defined as hydrogen produced using renewable energy.
The deal means JCB will take 10% of the green hydrogen made by the Australian firm Fortescue Future Industries (FFI) that would see it become the UK's largest supplier of the clean fuel.
3. Leaders of the world's 20 major economies have approved a global agreement that will see the profits of large businesses taxed at least 15%.
It follows concern that multinational companies are re-routing their profits through low tax jurisdictions.
2. The UK has been "left behind" according to steel makers after the US agreed to end a trade war over items that also included whiskey and Harley-Davidsons.
President Biden has signed a deal to end tariffs on steel imports from the EU, which were imposed by his predecessor Donald Trump but the agreement does not cover exports from the UK.
1. The world is at "one minute to midnight", having run down the clock on waiting to combat climate change, Boris Johnson has said.
He was speaking as world leaders gather for the landmark COP26 climate change conference in Glasgow.
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