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5 Things You Need To Know, Today, on Thursday 23rd September 2021

 

5. The US economy continues to strengthen, albeit at a slower rate because of the Delta variant of Covid, the US Federal Reserve has said.

The central bank said the jobs market was improving and that currently high rates of inflation remained transitory.

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4. Covid testing firms are facing a shortage of lateral flow tests, says Transport Secretary Grant Shapps.

He told MPs this was the reason for delaying the date when PCR tests will be removed for travellers returning to England.

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3. Shares in Evergrande have jumped in Hong Kong after the troubled property giant struck an agreement with Chinese bond holders on Wednesday.

The announcement helped to calm some investor concerns over debts over more than $300bn (£220bn).

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2. Food industry bodies have warned of panic-buying this Christmas unless action is taken to address labour shortages.

The National Farmers' Union (NFU) called for an emergency visa to allow firms to recruit from outside the UK.

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1. Nearly 1.5 million customers have been affected by energy firms collapsing under soaring gas prices.

Avro Energy and Green ceased trading on Wednesday and their 830,000 combined customers face being switched to a new, potentially more expensive, provider.

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