5 Things You Need To Know, Today, on Wednesday 14th August 2019
Justin Waite
5 Things You Need To Know
05:28, 14th August 2019

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5 Things You Need To Know, Today, on Wednesday 14th August 2019

5. Entertainment giants CBS and Viacom are to merge in the latest media mega-deal as broadcasters adapt to changing consumer demands.

The new company will be worth around $30bn and comprise brands like MTV, Comedy Central and Paramount Pictures.

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4. Former Chancellor Philip Hammond has accused the PM of trying to wreck the chance of a new Brexit deal, by making demands the EU could never accept.

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3. China reported a raft of unexpectedly weak July data today, including a surprise drop in industrial output growth to a more than 17-year low, underlining widening economic cracks as the trade war with the United States intensifies.

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2. The US is delaying imposing tariffs on some imports from China until 15 December because of "health, safety, national security and other factors".

The products include mobile phones, laptops, video game consoles, some toys, computer monitors, and certain footwear and clothing.

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1. Wage growth in the UK reached an 11-year high in the year to June, and the employment rate was its joint highest since 1971, official figures show.

Wage growth rose to 3.9%, while the estimated 76.1% employment rate was the best since comparative records began.

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