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5 Things You Need To Know, Today, on Wednesday 14th September 2022
5. Twitter's shareholders have voted to approve a deal with Elon Musk to buy the company for $44bn (£38bn).
The decision was made in a short conference call with investors from the company's San Francisco headquarters meaning Twitter will now try to force Elon Musk to buy the company in the courts.
4. Aldi has overtaken Morrisons to become the fourth-largest UK supermarket for the first time, according to data from research firm Kantar.
Discounters are grabbing more market share as shoppers take steps to manage their budgets.
3. Center Parcs has backtracked over a decision to ask guests to leave its sites on the day of the Queen's funeral.
The holiday firm said it had made the decision "as a mark of respect" and to allow employees to "be part of this historic moment" but the move prompted complaints from angry holidaymakers online.
2. Inflation in the US remained unexpectedly high last month, news that drove Wall Street to its worst day in more than two years.
Prices rose 8.3% in the 12 months through August, the Labor Department said, faster than the 8.1% that economists had expected but down from 8.5% in July, driven by lower petrol costs.
1. UK inflation is set to remain at double-digit highs when numbers are announced at 7am today, remaining steady at 10.1% in the 12 months to August.
However, this will still put further pressure on households and businesses already struggling with the sharpest cost of living crisis in a century.