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5 Things You Need To Know, Today, on Tuesday 10th January 2023
5. Disney's boss has called on employees who are currently working from home to start going into the office for four days a week from the start of March.
Chief executive Bob Iger said so-called "hybrid" workers will now be asked to treat "Monday through Thursday as in-person workdays".
4. The first ever satellite mission launched from UK soil has ended in failure.
A jumbo jet operated by the American Virgin Orbit company carried a rocket out of Newquay, Cornwall, to release it high over the Atlantic Ocean. The rocket ignited and appeared to be ascending correctly. But word then came from the company that the rocket had suffered an "anomaly".
3. Britain's labour market cooled further in December, according to a survey of recruiters that may ease some of the Bank of England's concerns about the risks of longer-term inflation pressure.
The monthly index of vacancies, compiled by the Recruitment and Employment Confederation trade body and accountants KPMG, fell last month to 53.0, its lowest since February 2021 and down from 54.1 in November.
2. Retail sales jumped by 6.9% in December but were driven by higher prices rather than people buying more, figures show.
There was also a "healthy" rise in like-for like sales from last December, in the first Christmas since all Covid restrictions were lifted.
1. The government will scale back support for businesses with energy bills after warning that the current level of help was too expensive.
Under the new scheme, firms will get a discount on wholesale prices rather than costs being capped as under the current one, with the government scaling back the energy subsidies for the next financial year to £5.5bn. The current scheme is thought to have cost £18.4bn.