5 Things You Need To Know, Today, on Monday 14th September 2020
Justin Waite
5 Things You Need To Know
05:01, 14th September 2020

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5 Things You Need To Know, Today, on Monday 14th September 2020


5. Europe and Britain’s car industries called the two sides to urgently clinch a free trade agreement, warning that a disorderly Brexit would cost the sector 110 billion euros (£101.79 billion) in lost trade over the next five years.

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4. ARM Holdings a UK based computer chip designer is being sold to the American graphics chip specialist Nvidia for $40bn (£31.2bn).

The deal was struck by current owner, Japanese conglomerate Softbank, four years after it acquired ARM for $32bn.

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3. Microsoft has said that its offer to buy the US operations of hugely popular video-sharing app TikTok has been rejected, paving the way for Oracle to make a last-minute bid.

Donald Trump gave a 15th September deadline for the Chinese-owned app to sell or shut down.

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2. Employers in Britain are planning more than twice as many redundancies than they did at the height of the last recession, new figures show.

About 180,000 job cuts were planned from January to March 2009, while 380,000 were planned from May to July this year.

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1. Restrictions banning social gatherings of more than six people have come into effect in England, following a rise in coronavirus cases.

The "rule of six", which applies both indoors and outdoors, does not exempt children under 12 in England.

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