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5 Things You Need To Know, Today, on Tuesday 16th November 2021
5. Google has announced that it will invest A$1bn ($740m, £550m) in Australia over the next five years to build a research hub, increase its cloud computing capacity and fund partnerships with local organisations.
It is the US technology giant's largest investment in the country to date.
4. Royal Dutch Shell has announced a plan to move its headquarters to the UK as part of proposals to simplify the company's structure.
The oil giant will ask shareholders to vote on shifting its tax residence from the Netherlands to the UK.
3. More than 100,000 young people have so far started new roles under the government's £2bn Kickstart jobs scheme, latest figures show.
The programme, which launched in September 2020, targets youths at risk of long-term unemployment and money is available for up to 250,000 roles.
2. The government is set to scrap the eastern leg of HS2 between the Midlands and Leeds.
The Transport Department will instead announce a new rail plan on Thursday, involving £96bn of funding for new routes in the North and Midlands.
1. Rents are rising at the fastest pace since 2008 as people rush back to city centres, according to property website Zoopla.
Private sector rents in the UK were 4.6% higher in September than a year before at £968 per month on average - the strongest growth seen in 13 years.