13th June 2022

Bite-sized business news from the UK and beyond
Good morning What better way to start the week than with news that a heatwave is on the way. A plume of air coming up though France from North Africa and into the UK means that London and the southeast could see temperatures of 35C by the end of the week with highs elsewhere widely expected in the mid-20Cs.
Today's stories
- Student loan interest rate capped
- Russian McDonald’s reopens under new ownership
UNIVERSITY
Student loan interest rate capped

Other stories to keep you in the loop
- Government's 'sugar tax' is set to be replaced with UK's first food strategy for 75 years
- US inflation hit a new 40-year high in May of 8.6 percent
- Morrisons raises staff pay to £10.20 an hour amid cost of living crisis
- Octopus Energy enters race for failed energy provider Bulb with late bid
- Retailer Matalan's future in doubt as lenders meet
- Google engineer put on leave after claiming chatbot can express thoughts and feelings
- Biden to end Covid testing requirement for travel into US
- Dragons’ Den star Hilary Devey dies aged 65
RUSSIA
Russian McDonald’s reopens under new ownership

Stat of the day

According to Forbes magazine, golfer Tiger Woods has become only the third athlete to reach a net worth of $1bn, joining basketball players LeBron James and Michael Jordan
Interesting links from around the web
- Thrifty summer: five ways to see the world for next to nothing
- Why sleeping on your back is the best sleep position
- Want to change your life? Why thinking 10 years in the future can be the right strategy
