Ten Things You Need to Know Today: Thursday 11 Jun 2015

1. OSBORNE ANNOUNCES RBS SELL-OFF

George Osborne said in his Mansion House speech last night that he will sell the government’s stake in Royal Bank of Scotland, seven years after it was given a £45.5bn bailout. The union Unite, which represents bank workers, warned the shares were being sold at a “knock-down rate to city investors”.

RBS smashes expectations with £940m profit

2. NHS REVIEW: SIMPLE STEPS CAN SAVE £5BN

A review of NHS efficiency in England conducted by Lord Carter will say today that the service could save £5bn every year by improving staff organisation and its purchasing process. Carter found that one hospital spent £5.44 per box for latex gloves while another was paying just £2.39 for the same product.

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3. MT KINABALU NUDIST IS ‘SCARED AND UPSET’

The father of a British tourist accused with nine others of posing naked on top of a sacred mountain in Malaysia says his daughter is “scared and upset” after being arrested at an airport on Tuesday. But Timothy Hawkins said it was “fair enough” to charge 23-year-old Eleanor with causing a public nuisance.

Eleanor Hawkins handed jail sentence for naked pictures

4. NOBEL WINNER QUITS OVER ‘SEXIST’ VIEWS

Nobel laureate scientist Sir Tim Hunt has resigned from his position as an honorary professor at UCL after a storm of protest over remarks he made on women in laboratories. Hunt said he was “really sorry”, but stood by his words. He had said that women in the lab “fall in love with you” and cry when criticised.

Tim Hunt forced to apologise for 'breathtakingly sexist' comments

5. SNOOPER’S CHARTER: CALL FOR OVERSIGHT

A major report into data monitoring and other surveillance by the security services and the police is to be published today, after a year-long review by David Anderson QC. It is expected to push for much stronger oversight of their activities. Theresa May has promised the government will respond to the report.

6. FIFA COMMUNICATIONS CHIEF QUITS

Fifa's director of communications, Walter de Gregorio, has has resigned from the organisation "with immediate effect". Two weeks ago, De Gregorio, a close aide to outgoing president Sepp Blatter, claimed the bribery and corruption claims against Fifa were "good" and said Blatter was "relaxed" about the arrest of seven senior officials.

Michel Platini will resign at Uefa's next congress

7. TEACHER STABBED AT SCHOOL IN BRADFORD

A teacher at a school in Bradford is in hospital after being stabbed by one of his pupils. He was attacked at around 9am at Dixons Kings Academy free school. Police have been searching for a 14-year-old pupil who fled the school after the attack. The attack was witnessed by other pupils and the teenager has been urged to hand himself in.

8. JOHN PRESCOTT ATTACKS MILIBAND BROS

Former Labour deputy leader John Prescott has told David Miliband to "shut up" in the wake of the party's election defeat. Former foreign secretary David, who lost to brother Ed in the 2010 Labour leadership election, has criticised Labour's election campaign. Prescott also admonished Ed Miliband for resigning so soon after the election.

9. CHRISTOPHER LEE DIES AGED 93

Screen horror legend Christopher Lee has died at the age of 93. He had been in hospital with respiratory and heart problems. He found fame through Hammer's Dracula movies and also starred as a Bond villain, featured in the Star Wars series and played wizard Sarumon in the Lord of the Rings during an eight-decade career.

Christopher Lee dies: horror legend to Bond villain - in pictures

10. BRIEFING: NEW RULES ON SPENDING

George Osborne is moving ahead with plans for a new fiscal framework that will allow the government to borrow only in exceptional circumstances. Economists are divided on the merit of the proposals, which would prevent future governments from spending more than they collect in revenue during periods of growth in order to cut the national debt and prepare for uncertainty in the future. In fact, they say, their real benefit for the Conservatives may be political.

George Osborne's budget surplus rules: how they will work