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5 Things You Need To Know, Today, on Thursday 20th January 2022
5. Consumer goods giant Unilever has said it "will not increase" its £50bn offer for GlaxoSmithKline's (GSK) healthcare arm after the bid was rejected.
The PG Tips and Dove soap maker said it had considered evidence from GSK, but said it had not changed its view on the value of the business.
4. The US and UK have begun formal negotiations over Trump-era tariffs on UK steel and aluminium exports.
Trade officials in both countries said they were committed to an "expeditious outcome" that would help preserve metals manufacturers in both markets.
3. Conservative MPs are starting to "step back" and think twice about a leadership challenge against Boris Johnson, a minister has said.
Conor Burns - the government's minister for Northern Ireland - said colleagues were now choosing to wait for the report into the No 10 lockdown parties.
2. Prices have gone up at their fastest rate in nearly 30 years - but there is worse to come, experts have warned.
Soaring food costs and the energy bill crisis drove inflation to 5.4% in the 12 months to December, up from 5.1% the month before.
1. England's Plan B measures are to end from next Thursday, with mandatory face coverings in public places and Covid passports both dropped, Boris Johnson has announced.
The prime minister also said the government would immediately drop its advice for people to work from home.