Your morning briefing, the business news you need in just 15 minutes.

On today's podcast:

(1) Bloomberg Economics says higher rates will push UK into recession by the end of the year

(2) Putin labels Wagner mercenary commanders 'traitors' as Prigozhin denies coup attempt.

(3) Odey Asset Management has suspended two more funds, including its flagship hedge fund.

(4) A decline in UK shop price inflation offers a glimmer of hope for the Bank of England.