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.
Uber prepares to cut back
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
TRANSPORTUber 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?