UPDATE: China Widens iPhone Ban & UK Property Prices Fall

Your morning briefing. The news you need in just 15 minutes. On today's podcast: (1) China plans to expand a ban on the use of iPhones in sensitive departments to government-backed agencies and state companies. (2) UK House prices have fallen at their sharpest annual pace since 2009 according to one of Britain's biggest mortgage lenders. (3) The Labour party is making an increasingly aggressive bid to claim the Conservatives' mantel as the party of business. (4) Lloyds of London CEO John Neal says insurance is growing at three times its normal rate. See omnystudio.com/listener for privacy information.