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5 Things You Need To Know, Today, on Friday 16th September 2022
5. A jersey worn by basketball icon Michael Jordan during the opening game of the 1998 NBA Finals has been sold for a record $10.1m (£8.8m).
This is the most a piece of sporting memorabilia has fetched in history.
4. The cost of a typical mortgage in the US has hit its highest level since the 2008 financial crisis as the country battles to rein in soaring prices.
The average interest rate on a 30-year mortgage hit 6.02% this week, more than double what it was a year ago.
3. Confidence among consumers fell by 4.2 points in August, with the outlook for household finances the lowest on record, according to analysis from YouGov and the Centre for Economics and Business Research (Cebr).
The drop in consumer confidence from 103.0 to 98.8 represents the largest decline in over two years, according to the index.
2. Heathrow Airport has said about 15% of its schedule will be altered on Monday during Queen Elizabeth's state funeral.
This is to ensure the skies over London fall quiet during the events, it said.
1. A mini Budget to deliver tax cuts promised by Liz Truss during her Tory leadership campaign will take place on Friday next week, it is understood.
Plans to hold the "fiscal event" this month were thrown into doubt by the death of Queen Elizabeth II.