5 Things You Need To Know, Today, on Wednesday 28th October 2020
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5 Things You Need To Know, Today, on Wednesday 28th October 2020
5. Stores refusing to accept cash have left consumers unable to buy basics such as groceries and medicine, according to Which?
The consumer group warned the cash system is being threatened as shops have declined payments using banknotes and coins during the coronavirus crisis.
4. Prices in British shops fell more slowly this month than in September, reflecting the smallest discounting for non-food items since the start of the coronavirus pandemic.
The British Retail Consortium said its shop price index showed a 1.2% annual fall in prices in October compared with a 1.6% drop in September.
3. Germany's Mercedes-Benz is to raise its stake in Aston Martin Lagonda as part of the UK carmaker's recovery plan.
Aston Martin, which has haemorrhaged cash since a disastrous stock market flotation, said Mercedes will increase its holding "in stages" from 5% to 20%.
2. Farmers are warning they will still need thousands of foreign workers for the UK harvest next year despite a campaign to attract domestic workers.
National Farmers Union (NFU) figures, reveal only 11% of seasonal workers in the 2020 season were UK residents.
1. Young and ethnic minority workers were more likely to be made unemployed post-furlough.
A survey of about 6,000 adults by the Resolution Foundation found 19% of 18-24 year olds who were furloughed during lockdown were unemployed in September.
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