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5 Things You Need To Know, Today, on Monday 27th September 2021
5. Nike and US retail giant Costco both say they are facing product shortages and delays due to global supply chain problems.
Nike said production and delivery of its shoes would be impacted until next spring, as it struggles with shipping issues and a worker shortage in Asia.
4. The clearance of payments considered to be risky should be slowed down to tackle the "epidemic" of fraud, says Nationwide's economic crime director.
The latest figures, published last week, revealed that total fraud losses were up 30% in the first half of the year, compared with the same period in 2020.
3. Farmers are warning of a Christmas turkey shortage because visa changes to allow labour recruitment from abroad have come too late.
A poultry association said big producers have already scaled back because they assumed they would not have enough staff to process birds.
2. Energy regulator Ofgem has ordered Octopus Energy to supply power to about 580,000 domestic customers of collapsed supplier Avro Energy.
Ofgem said outstanding credit balances, including money owed to both existing and former Avro Energy customers, will be honoured.
1. The government is to suspend competition law to allow oil firms to target fuel deliveries at petrol stations following recent panic buying.
Officials said the move would make it easier for companies to share information and prioritise parts of the country most at need.