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5 Things You Need To Know, Today, on Thursday 27th April 2023

5. Some of the UK's biggest pension funds are to vote against reappointing BP's #BP. chairman over a decision to weaken its climate plans.

It comes after the energy giant cut back its target to reduce emissions by the end of the decade.

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4. The new boss of business lobby group the CBI says she is confident it will win back the trust of ministers and members within six months, but will have to "completely change" to survive allegations of sexual misconduct and a toxic culture.

Rain Newton-Smith started work as CBI director general this week with its future in doubt following allegations that two employees were raped by colleagues.

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3. One of Microsoft's senior leaders has hit out after the software giant's deal to buy US video game company Activision Blizzard was blocked by UK regulators.

The move was "bad for Britain" and showed that the European Union was a better place to set up a firm than the UK, Brad Smith said.

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2. The cost of a homemade cheese sandwich has jumped by over a third in one year.

The price of two slices of white bread, a serving of butter and mature cheddar has risen to 40p, up 37% over a year.

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1. A planned new law bringing in tougher regulations on gambling is needed as the industry - and the profile of a problem gambler - has transformed in the past decade, the government says.

The plan is expected to include checks on gamblers who lose £1,000 in a day and culture Secretary Lucy Frazer, who will outline the plans in Parliament later, says the rise of smartphones means "now there's a Las Vegas on every phone".

(Click here to read more)