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5 Things You Need To Know, Today, on Monday 21st November 2022
5. Cryptocurrency exchange FTX owes its 50 largest creditors almost $3.1bn (£2.6bn), according to a court filing.
The embattled firm, which filed for bankruptcy in the US last week, says it owes about $1.45bn to its top 10 creditors, but has not named any.
4. Major ports and airports are set to be disrupted by strikes over the Christmas period.
The PCS union members in the Border Force are due to take action as part of a dispute over pay, jobs and pensions.
3. Former Disney boss Bob Iger, who headed the entertainment giant for 15 years, is returning to lead the firm, replacing Bob Chapek, who took over as chief executive in February 2020.
Disney shares have fallen by more than 40% this year and the company has poured billions of dollars into its loss-making streaming service Disney+.
2. The UK should use immigration to solve worker shortages and boost economic growth, the boss of the UK's biggest business group will say today.
Tony Danker will call on politicians to be "practical" about immigration at the CBI's conference in Birmingham.
1. The government said it has no plans to move to a Swiss-style relationship with the European Union after some of Rishi Sunak's eurosceptic lawmakers warned him against pursuing a closer alignment with the trading bloc.
The Sunday Times reported that Sunak's government would look to pursue frictionless trade with the EU, which Britain left in January 2020.