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5 Things You Need To Know, Today, on Tuesday 24th August 2021
5. Chinese ride-hailing giant Didi has halted plans to launch in the UK and continental Europe.
The move comes as Chinese firms face intense scrutiny by Western nations and Beijing cracks down on data privacy.
4. Ian Botham, the former England cricketer has been appointed UK government trade envoy to the Australia
Lord Botham, along with Baroness Hoey and several MPs, have been made trade envoys to boost British business interests around the world.
3. Retail leaders are urging the UK government to follow Scotland's example in extending new protections for shop workers.
The Protection of Workers Act comes into force in Scotland on Tuesday, which makes assaulting or abusing retail staff a standalone offence.
2. Abattoirs, butchers and meat processors are set to employ prisoners and ex-inmates to help plug labour shortages.
Meat industry leaders held talks with the government on Monday to discuss options of how businesses could link up with prisons to fill the 14,000 job vacancies it currently has.
1. Staff and supply shortages have taken their toll on the UK's economic recovery this month, according to a closely watched survey.
The IHS Markit/CIPS Composite Purchasing Managers' Index (PMI) for August hit a six-month low of 55.3, falling from 59.2 in July.