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5 Things You Need To Know, Today, on Wednesday 8th June 2022

5. The days of hunting through cables to find the right charger may be coming to an end.

The European Union has provisionally agreed new portable electronic devices must, by autumn 2024, use a USB Type-C charger.

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4. Young shoppers risk building up debts by borrowing money to make buy now pay later repayments, Citizens Advice says.

Half of 18 to 34-year-olds used different types of credit - such as credit cards or borrowing from family - to make the payments, it said.

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3. Countries around the world are facing recession as the Ukraine war hits economies already rocked by the Covid pandemic, the World Bank has warned.

Less developed countries in Europe and east Asia face a "major recession", it said.

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2. Rail firms and a major union have both said they want to negotiate to try to avoid strikes that could cause major disruption in June.

The strikes on 21, 23 and 25 June are expected to involve tens of thousands of rail workers.

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1. Boris Johnson is coming under pressure from his MPs to introduce tax cuts after surviving a vote of confidence.

Supporters of the prime minister believe the move would help rebuild unity in the Tory party and also address the cost of living.

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