5 Things You Need To Know, Today, on Wednesday 23rd September 2020

Justin Waite
5 Things You Need To Know
05:12, 23rd September 2020

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5 Things You Need To Know, Today, on Wednesday 23rd September 2020

5. Tesla founder Elon Musk has announced technology that he says will make Tesla batteries cheaper and more powerful.

At a live presentation that Musk labelled 'Battery Day' he also teased the possibility of a $25,000 (£19,600), fully-autonomous Tesla "in about three years time".

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4. Barclays will tell "hundreds" of UK staff who had gone back to the office to return to working from home.

The bank said it was making the move following the latest guidance from the government that people should work at home when they can.

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3. Nike has seen a huge rise in online sales as it bounces back from a coronavirus slump and chief executive John Donahoe said the shift to online sales could be a permanent trend.

The US company saw digital sales rocket 82% during the June to August quarter, offsetting falling revenue in its stores.

(Click here to read more)

 

2. Exporters to the EU face 7,000-truck-long queues in Kent and two-day delays to trade after the Brexit transition period ends, the government has warned.

Imports will also be also disrupted in January, according to a letter from cabinet minister Michael Gove to the freight industry.

(Click here to read more)

 

1. The government has warned of "tougher measures" if people do not follow the latest coronavirus restrictions.

In a television broadcast last night, Boris Johnson said "we must reserve the right to go further" if cases continue to rise and he pointed out that the new rules announced, could last up to six months.

(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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