Rupert Murdoch's News Corp and the owners of the Daily Mail have held talks about a potential joint bid for the Telegraph with UAE-backed investment fund Redbird IMI, people familiar with the matter have told Bloomberg. Our global business editor Jamie Nimmo bring us details of the exclusive reporting, and tells us why the media deal is getting so much attention in Westminster. Also today: the head of fiscal watchdog the Office for Budget Responsibility faces questions from MPs over its latest forecasts. Our senior economics reporter Philip Aldrick joins us to discuss. Hosted by Caroline Hepker and Stephen Carroll.