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5 Things You Need To Know, Today, on Wednesday 15th February 2023
5. Adverts that suggested Huel meal replacement shakes could save people money on their food bills have been banned for being misleading.
As the cost of living crisis hit, one Facebook ad claimed that "Huel helps keep money in your pockets".
4. A group of Tesla workers in New York is trying to form a union, which would be a first for Elon Musk's electric car company.
They have sent a letter to the firm outlining the plans and asking leaders to agree to ground rules for a "fair" union election.
3. Global sandwich chain Subway says it is exploring a possible sale of the business after almost six decades of family ownership.
The firm has been growing rapidly for years but is now facing tough soaring costs and increased competition and a sale of the company could value it at more than $10bn ($8.2bn).
2. Ford has announced plans to cut 1,300 jobs in the UK over the next two years, a fifth of its total workforce in the country.
It is part of a major restructuring programme that will see the carmaker cut 3,800 jobs overall across Europe.
1. The January month annualized UK Consumer Price Index (CPI) data is expected to drop to 10.3%, moving further away from a peak of 11.1% seen in October and down from December’s 10.5%.
The inter-month CPI is also seen falling by 0.4%. The annualized core inflation rate is likely to edge a tad lower to 6.2% vs. 6.3% reported in December.