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5 Things You Need To Know, Today, on Wednesday 25th August 2021
5. Many companies perform better with overseas ownership according to business minister Lord Grimstone, who said the UK had nothing to fear from a recent flood of private foreign takeover bids for UK-listed companies.
"It would be a sad day for Britain if we pulled down the shutters so that we weren't a mercantile entrepreneurial country," he said.
4. Amazon is offering new warehouse workers a £1,000 joining bonus in a bid to attract new recruits.
The online retail giant is advertising for "urgently needed" warehouse pickers and packers in the UK to meet demand, amid a growing recruitment crisis.
3. Just Eat will create more than 1,500 customer service jobs in north-eastern England in the next 12 months.
The jobs will be based at a new facility in Sunderland as part of a £100m investment in the region by the firm over the next five years.
2. Self-catered accommodation in the UK is costing on average 40% more than in the summer of 2019, according to consumer group Which?.
Its analysis suggests holidaymakers are paying an average of £300 more per week in August compared to before the pandemic.
1. Grocery shoppers face less choice as the boss of one of Britain’s biggest supermarket chains said food shortages were the worst he has known.
Steve Murrells, chief executive of the Co-operative Group, said it was reducing some ranges as the industry’s ability to get food to shops was hit by post-Brexit migration rules and Covid-19.