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5 Things You Need To Know, Today, on Thursday 26th August 2021
5. South Korea has become the first major Asian economy to raise interest rates since the coronavirus pandemic began.
The Bank of Korea increased its base rate of interest from a record low of 0.5% to 0.75%.
4. Money lender Amigo is warning it may not survive after revealing it faces a £345m compensation bill for mis-selling claims.
The business, which lends money to people with poor credit records, also revealed a jump in annual losses to £284m, compared with £38m last year.
3. The NHS has temporarily stopped some blood testing for certain conditions due to shortages of collection tubes.
NHS England has issued guidance urging doctors to stagger regular blood tests if clinically safe.
2. UK car production fell sharply last month, marking the worst July performance for the industry since 1956.
The global microchip shortage, staff being affected by the so-called pingdemic, and shutdowns meant a drop of 37.6% compared to July last year.
1. The boss of supermarket Iceland says the supply chain chaos is getting worse, just as retailers start planning for the key Christmas period.
Richard Walker estimated the UK's shortage of lorry drivers was now about 100,000, with the company itself about 100 short.