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5 Things You Need To Know, Today, on Thursday 17th February 2022
5. US private equity giant Silver Lake has agreed to invest NZ$200m (£98.4m; $133.6m) in exchange for a stake of up to 8.58% in the organisation behind New Zealand's All Blacks rugby team.
Under the deal, the firm will back a new entity which owns the legendary team's commercial rights.
4. Visas offering foreign investors fast-track residency in the UK are expected to be scrapped by the government, amid pressure over UK links to Russia.
A government source confirmed reports of an announcement next week on Tier 1 investor visas, which offer residency to those spending at least £2m.
3. Millions of people missed important post over Christmas due to pandemic-related Royal Mail delays, Citizens Advice has said.
It estimated that 2.5 million Royal Mail customers missed documents such as health appointments, fines or bills.
2. More than a fifth of train services that were running before the Covid pandemic have not returned.
One month after work-from-home guidance was lifted, some commuters say they are struggling to get to work amid a lack of trains and sudden cancellations.
1. The cost of living hit a fresh 30-year high last month as energy, fuel and food prices continued to soar and retailers reined in seasonal discounts.
Prices surged by 5.5% in the 12 months to January, up from 5.4% in December however most economists expect inflation to fall in the second half of the year after reaching a peak above 7% in April.