Ten Things You Need to Know Today: 10 February 2023

The Week’s daily digest of the news agenda, published at 8am

1. UK pays £2.3bn fine to EU

Britain has paid a fine of more than £2.3bn to the European Union for allowing Chinese gangs to flood the continent with cheap clothes and shoes. The Treasury “slipped out” the news that it had paid Brussels to settle a long-running quarrel over slack customs checks when Britain was a member of the bloc, said The Times. An EU fraud investigation found that HMRC failed to check impossibly low valuations put on Chinese consignments arriving into Britain.

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