10th May 2022
Bite-sized business news from the UK and beyond
Good morning Later today Prince Charles will step for the Queen in the State Opening of Parliament - a lavish event that dates back to the 16th century, in which the monarch reads out a speech written by ministers on what the government plans to do in the coming months.
Governments always try to give the speech a theme – this year’s will be growing the economy, easing the burden on families and levelling up.
Today's stories
- Bitcoin slumps
- Uber prepares to cut back
CRYPTO
Bitcoin slumps
Other stories to keep you in the loop
- Millions facing £1,000 rise in energy bills next winter, warns energy boss
- Morrisons rescues McColl's taking on all 16,000 staff
- Elon Musk Twitter plans revealed
- Boost to future of electric cars as UK's first lithium plant secures new investment
- Birmingham Airport: 'Chaos' as travellers face long queues
- Transport for London debt downgraded due to “uncertain” financial future
TRANSPORT
Uber prepares to cut back
Stat of the day
According to research by charity the Food Foundation, around one in seven adults live in homes where people have skipped meals, reduced meal sizes or gone hungry
Interesting links from around the web
- How to get a promotion (and it isn’t by working hard).
- The ideal number of friends, according to science
- Is early retirement actually worth the cost?
