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5 Things You Need To Know, Today, on Thursday 24th November 2022
5. Apple supplier Foxconn has apologised for a "technical error" in its payment systems, a day after its iPhone factory in China was rocked by angry protests.
Videos had showed hundreds of workers marching at the world's biggest iPhone factory in the city of Zhengzhou, with complaints over Covid restrictions and claims of overdue pay.
4. Security restrictions on liquids and laptops in airport hand luggage could be axed in the UK within two years thanks to high-tech 3D scanners.
The government is considering rolling out the more advanced scanners by mid-2024, although a final decision has yet to be made.
3. The squeeze on people renewing or trying to get new mortgages has eased slightly, according to new data.
The average five-year fixed mortgage rate fell below 6% for the first time in seven weeks on Tuesday, and remained there on Wednesday, the financial information service Moneyfacts said.
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2. Thousands of postal workers have begun a 48-hour strike in the run-up to Black Friday after talks between Royal Mail and the Communication Workers Union (CWU) ended without agreement.
Deliveries will be disrupted by 10 more strike days at the busiest time of the year for the postal service.
1. British economic activity fell at close to its fastest pace in nearly two years in November, adding to signs of recession as orders sank and employment growth slowed.
The 'flash' or preliminary version of the composite purchasing managers' index (PMI) for Britain edged up to 48.3 from 48.2 in October, which was its lowest reading since January 2021, when there was a COVID-19 lockdown.