Labour's Business Pitch, Saudi's Next Investment & China Agencies Ban iPhone's

Your morning briefing. The news you need in just 15 minutes. On today's podcast: (1) The Labour party is making an increasingly aggressive bid to claim the Conservatives' mantel as the party of business. (2) The Bank of England's Governor says UK interest rates are near the peak. (3) US regional banks may need to borrow $63 billion to comply with new capital requirements from regulators. (4) Apple has suffered its worst stock decline in a month following news that Chinese government agencies have barred staff from using iPhones at work. (5) Saudi Arabia wants to turn the kingdom into a natural resources hub by mining for metals in the desert. See omnystudio.com/listener for privacy information.