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5 Things You Need To Know, Today, on Monday 11th October 2021
5. Shares in Australian gambling giant Star Entertainment have slumped after allegations that it enabled illegal activity at its casinos for years.
A joint report by three news outlets implicated the firm in suspected money laundering, organised crime and fraud.
4. Most of the world's nations have signed up to a historic deal to ensure big companies pay a fairer share of tax.
Some 136 countries agreed to enforce a corporate tax rate of at least 15%, as well a fairer system of taxing profits where they are earned.
3. Boris Johnson has appointed the former Tesco chief executive, Sir David Lewis, to advise it on how to fix the supply chain crisis that has led to petrol and other shortages.
It comes as the Office for National Statistics found one in six UK adults said they had been unable to buy essential foods in the last fortnight.
2. People will have to get used to higher food prices, the boss of Kraft Heinz has said.
Miguel Patricio said the international food giant, which makes tomato sauce and baked beans, was putting up prices in several countries and says unlike in previous years, inflation was "across the board".
1. Business Secretary Kwasi Kwarteng has not committed to any additional government help for businesses struggling amid record gas prices.
Some industries have warned firms could be forced to shut down operations but Mr Kwarteng said, "We are not in the business of bail-outs. What we are in the business of is ensuring security of supply and that is what I am focused on".