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5 Things You Need To Know, Today, on Monday 10th January 2022

5. Supermarket Morrisons is to scrap 'use by' dates on most of its milk in a move it says will stop millions of pints being poured down the sink.

The retailer will instead place 'best before' on 90% of its own-brand milk and encourage customers to use a sniff test to check quality.

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4. Major British companies plan a surge in investment in 2022 to meet strong demand and respond to climate change against a backdrop of growing labour shortages, according to a survey from accountants Deloitte.

Some 37% of chief financial officers viewed higher capital spending as a priority for 2022, the most since the quarterly survey started in 2009 and up from 20% at the start of 2021.

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3. Better insulation could save UK households more than £500 a year or £7.8bn in total, on energy bills, according to a group of business organisations and charities.

The Energy Efficiency Infrastructure Group is calling on the prime minister to prioritise energy saving through home improvements.

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2. British manufacturers are optimistic that business conditions and productivity will improve this year despite most saying they have been hurt by Brexit and rising costs.

Trade body Make UK and accountants PwC said 73% of manufacturers believed conditions for the sector would improve and 78% foresaw at least a moderate increase in productivity in 2022.

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1. The Chancellor is among Cabinet ministers backing calls to cut the Covid isolation period to five days amid growing pressure for the UK to shift to living with the virus.

Rishi Sunak and ministers from the main economic ministries believe cutting isolation from seven days could help reduce staffing shortages caused by the omicron variant.

(Click here to read more)