5 Things You Need To Know, Today, on Wednesday 2nd December 2020

Justin Waite
5 Things You Need To Know
06:10, 2nd December 2020

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5 Things You Need To Know, Today, on Wednesday 2nd December 2020

5. Salesforce has agreed to buy workplace messaging app Slack for $27.7bn (£20bn) in what would be one of the biggest tech mergers in recent years.

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4. Shop prices are falling in the run-up to Christmas as retailers race to clear stock amid a "deepening" High Street crisis.

Discounts are most common at retailers selling fashion and DIY goods, according to the British Retail Consortium's (BRC) Shop Price Index.

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3. Britain’s economy will contract this quarter and it will take at least two years for GDP to reach pre-COVID-19 levels, according to a Reuters poll.

(Click here to read more)

 

2. The Debenhams website has been overwhelmed by shoppers searching for bargains after the department store chain collapsed.

The firm will launch a huge stock clearance sale on Wednesday at 07:00 as non-essential retailers in England reopen after a four-week lockdown.

(Click here to read more)

 

1. England has returned to a tiered system of coronavirus restrictions after its second national lockdown ended.

More than 55 million people are in the strictest two tiers and cannot mix indoors with those in other households.

(Click here to read more)

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