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5 Things You Need To Know, Today, on Tuesday 7th February 2023

5. Plane maker Boeing plans to cut about 2,000 jobs in finance and human resources this year, as it focuses on engineering and manufacturing.

The move comes as the company puts more of its resources into "products, services and technology development".

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4. A state-backed digital pound is likely to be launched later this decade, according to the Treasury and the Bank of England.

Both institutions want to ensure the public has access to safe money that is easy to use in the digital age.

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3. Postal workers will no longer go on strike later this month after a legal challenge from Royal Mail , the Communication Workers Union (CWU) says.

About 115,000 workers had planned to walk out from 12:30 GMT on 16 February, until 12:30 on 17 February in an ongoing row over pay and conditions but union bosses said late on Monday that they would not fight a legal challenge to the action.

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2. One in five households with prepayment meters have not cashed in their energy vouchers issued to help pay bills.

About 380,000 vouchers, totalling up to 19% of homes, were not redeemed each month in October and in November, meaning as much as £50m of government support for energy has gone unclaimed by some of the most vulnerable.

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1. Rishi Sunak may announce a mini reshuffle of his Cabinet today and is considering breaking up the government's business department into three separate ministries, according to a source familiar with the discussions.

The reshuffle of ministers comes just over a week after Sunak sacked Conservative Party chair Nadhim Zahawi over his tax affairs, and as the government has fallen further behind the main opposition Labour Party in opinion polls.

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