hello, i m with your top business stories. should one of britain s most influential newspapers be owned by the abu dhabi royal family? that s a question the uk government has been grappling with since the 169 year old daily telegraph agreed to a major investment from a uae backed firm late last year. redbird imi is backed by shekih mansour bin zayed al nahyan who also owns manchester city football club. the deal has been put on hold until later this month while uk media regulators examine it. but the man leading the bid, the former boss of cnn jeff zucker, has dismissed concerns about editorial interference by the gulf government at the telegraph and its sister magazine the spectator. speaking exclusively to our business editor simonjack, he said the deal will provide much needed investment in uk journalism. we think it is a two terrific brands that have been under invested in for a long time and is a great opportunity to export these brands, to invest in these brands, br
how one woman turned freebies for the famous into a multimillion dollar branding business. hello there. we start here in the uk where the government is under pressure to tackle a chronic shortage of workers when it publishes its budget next week. it is adding to wage pressures pushing up inflation and holding back economic growth. soaring childcare costs have priced many people, usually women, out of the workforce. post brexit restrictions on foreign workers have added to the problem. and many older people have simply decided they can afford to retire early. our economics editor faisal islam has the story. get back to work the economy needs you. not to be taking walks on a monday morning, but to be at work. that s one government message to people such as mike, who retired at 5a during the pandemic from managing software programmers in cambridgeshire. let s go for a walk! it s wonderful. i can t believe it s two years already, to be honest. it s absolutely flown by.
with her majesty, she will become the 56th uk prime minister the third woman in number ten. labour s deputy leader, angela rayner, says mrjohnson has missed opportunities to fix problems after the last few months. we ve seen borisjohnson going around having his holidays, and enjoying himself, when the rest of the country have been absolutely petrified. i have got businesses locally who have been there since prewar, who are saying that they will not be able to survive. hello and welcome from downing street where later today, liz truss will enter the famous door at number ten as the uk s new prime minister, after being announced yesterday as leader of the conservative party. the man she ll take over from, borisjohnson, has arrived in aberdeenshire to meet the queen in balmoral and formally resign from office. earlier this morning, here in downing street, he delivered a farewell speech extolling his own record as prime minister and calling on the conservative party to get
in the next three to five hours. mourners have paid their respects to the last soviet leader, mikhail gorbachev, who was buried in moscow, this afternoon. a £2 cap on bus fares across england for three months from january is announced by ministers in the hope it will help people cope with the rising cost of living. a to me, it is a no brainer. there is no point taking the car and then paying for parking fees and everything. it is costing me £15, normally, for a trip, for a day ride for myself and then a day ride for my children. it is extortionate. this will help with millions ofjourneys through the toughest months of the winter, when we know things are going to be tough. and i think it will help attract people to the bus, particularly at a time when fuel costs are so high. russia s main pipeline transporting gas to europe through germany will now not reopen as planned. russian state energy firm gazprom said it had found an oil leak in a turbine on nord stream 1, meaning it