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5 Things You Need To Know, Today, on Thursday 23rd September 2021

05:09, 23rd September 2021

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5 Things You Need To Know, Today, on Thursday 23rd September 2021

 

5. The US economy continues to strengthen, albeit at a slower rate because of the Delta variant of Covid, the US Federal Reserve has said.

The central bank said the jobs market was improving and that currently high rates of inflation remained transitory.

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4. Covid testing firms are facing a shortage of lateral flow tests, says Transport Secretary Grant Shapps.

He told MPs this was the reason for delaying the date when PCR tests will be removed for travellers returning to England.

(Click here to read more)

 

3. Shares in Evergrande have jumped in Hong Kong after the troubled property giant struck an agreement with Chinese bond holders on Wednesday.

The announcement helped to calm some investor concerns over debts over more than $300bn (£220bn).

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2. Food industry bodies have warned of panic-buying this Christmas unless action is taken to address labour shortages.

The National Farmers' Union (NFU) called for an emergency visa to allow firms to recruit from outside the UK.

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1. Nearly 1.5 million customers have been affected by energy firms collapsing under soaring gas prices.

Avro Energy and Green ceased trading on Wednesday and their 830,000 combined customers face being switched to a new, potentially more expensive, provider.

(Click here to read more)

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The information, investment views and recommendations in this article are provided for general information purposes only. Nothing in this article should be construed as a solicitation to buy or sell any financial product relating to any companies under discussion or to engage in or refrain from doing so or engaging in any other transaction. Any opinions or comments are made to the best of the knowledge and belief of the writer but no responsibility is accepted for actions based on such opinions or comments. Vox Markets may receive payment from companies mentioned for enhanced profiling or publication presence. The writer may or may not hold investments in the companies under discussion.

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