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5 Things You Need To Know, Today, on Tuesday 7th September 2021
5. The shortage of workers that is affecting supply chains across Britain could last for up to two years, according to the the Confederation of British Industry.
Industries from pig farming to fast food have said the lack of skilled staff is disrupting their business.
4. The chip shortage that is disrupting global car production could continue into 2022 and even 2023, a leading German car industry figure has said.
Covid had been a stress test for the industry, which needed a thorough review of its supply chains, Daimler chairman Ola Källenius said.
3. The UK has fired up an old coal power plant to meet its electricity needs.
Warm, still autumn weather has meant wind farms have not generated as much power as normal, while soaring prices have made it too costly to rely on gas.
2. August saw the lowest figure for proposed job cuts for seven years, despite the imminent end of the government's furlough scheme.
Figures published by the Insolvency Service show that British employers planned 12,687 job cuts in August, a fall of 11% since July.
1. Boris Johnson will vow to end "catastrophic costs" for social care users in England, when he sets out long-awaited reform proposals later.
The prime minister will announce the plans to MPs, alongside long-term funding arrangements to help the NHS respond to the Covid pandemic & he is expected to breach election promises and raise National Insurance by about 1.25% to cover the costs.