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5 Things You Need To Know, Today, on Monday 23rd August 2021
5. Private equity companies are circling British supermarket group Sainsbury's with a view to possibly launching bids of more than 7 billion pounds ($9.53 billion).
American buyout giant Apollo (APO.N) is said to be running the rule over the supermarket group.
4. The government is coming under further pressure to help alleviate the UK's lorry driver shortage.
Lobby groups for the retail and transport industries have jointly written to Business Secretary Kwasi Kwarteng warning the impact on supply chains is getting worse.
3. A fifth of all gambling premises in the UK are now located in the poorest areas of the country.
Betting shops are ten times more likely to be found in deprived towns than in affluent areas.
2. The current house prices boom was not caused by the stamp duty holiday, a new report has argued stating the tax holiday was "wasteful" with HMRC losing out on about £4.4bn of taxes as a result.
The Resolution Foundation says prices will keep rising because of pandemic-related factors like low interest rates and changing home preferences.
1. More than 80 private Covid travel test providers listed on the government's website will be issued two-strike warnings over "cowboy behaviour", Health Secretary Sajid Javid has announced.
A further 57 firms will be removed from the website today, because they either no longer exist or do not actually provide the relevant tests.