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

On today's podcast:
(1) The Bank of England says higher rates are squeezing the UK economy but the financial system remains resilient.

(2) Report says the average UK household will be £2,300 worse off by the time inflation eases next May.

(3) US inflation data out today is likely to be pivotal for the next FOMC rate decision.

(4) Microsoft clears another hurdle in its bid to buy Activision as regulators regroup. 

(5) High end home buyers become increasingly nervous about London's prime property market.