5 Things You Need To Know, Today, on Tuesday 12th February 2019
Justin Waite
5 Things You Need To Know
06:08, 12th February 2019

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5 Things You Need To Know, Today, on Tuesday 12th February 2019

5. The government is being sued for its decision to charter firms to run extra ferries, including one with no ships, in the event of a no-deal Brexit.

Channel Tunnel operator Eurotunnel, said the contracts, revealed after Christmas, were decided in a "secretive and flawed procurement process".

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4. Debenhams is understood to have secured a cash injection of around £40m to buy it extra time as it battles to secure a longer term deal with lenders.

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3. Chancellor Philip Hammond’s plan to turn the country’s budget deficit into a surplus in the mid-2020s is no longer credible after he relaxed his grip on public spending last year, British lawmakers said today.

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2. Democrats and Republicans have reached an agreement in principle over border security to fund the US government and avert another partial shutdown.

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1. The UK economy expanded at its slowest annual rate in six years in 2018 after a sharp contraction in December.

Growth in the year was 1.4%, down from 1.8% in 2017 and the slowest rate since 2012, the Office for National Statistics (ONS) said.

(Click here to read more)

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