5 Things You Need To Know, Today, on Wednesday 2nd November 2022
Episode 996, Nov 02, 2022, 07:00 AM
5 Things You Need To Know, Today, on Wednesday 2nd November 2022
5. Four more communities have been earmarked for shared banking hubs - becoming the latest on a list of 27 areas waiting for services to begin.
At these hubs, customers of any bank will be able to access their accounts, deposit cash and cheques, and withdraw money at any time. Only two have opened so far, while hundreds of bank branches have closed.
(Click here to read more)
4. Chinese authorities have locked down a district in Zhengzhou city - which is home to the world's largest iPhone factory - under the country's strict coronavirus measures.
The move may have a major impact on shipments in and out of Foxconn's giant manufacturing plant in the city.
(Click here to read more)
3. Royal Mail workers will stage two 48-hour strikes around Black Friday and Cyber Monday in a row over pay, jobs and conditions.
The Communication Workers' Union (CWU) will recommend around 115,000 of its members reject a pay offer of around 9% spread over two years.
(Click here to read more)
2. Morrisons is to close 132 McColl's convenience stores that have no realistic prospect of making a profit in the medium term, putting 1,300 workers at risk of redundancy.
The majority of the closures will take place this year, while 55 stores that include a Post Office counter will close next year.
(Click here to read more)
1. The cost of making a cup of tea went up significantly as food prices continued to rise at record rates in October, the British Retail Consortium said.
Costs for tea bags, milk and sugar all rose as food price inflation jumped from 10.6% last month to 11.6%, the BRC-NielsenIQ price index found.
(Click here to read more)
5. Four more communities have been earmarked for shared banking hubs - becoming the latest on a list of 27 areas waiting for services to begin.
At these hubs, customers of any bank will be able to access their accounts, deposit cash and cheques, and withdraw money at any time. Only two have opened so far, while hundreds of bank branches have closed.
(Click here to read more)
4. Chinese authorities have locked down a district in Zhengzhou city - which is home to the world's largest iPhone factory - under the country's strict coronavirus measures.
The move may have a major impact on shipments in and out of Foxconn's giant manufacturing plant in the city.
(Click here to read more)
3. Royal Mail workers will stage two 48-hour strikes around Black Friday and Cyber Monday in a row over pay, jobs and conditions.
The Communication Workers' Union (CWU) will recommend around 115,000 of its members reject a pay offer of around 9% spread over two years.
(Click here to read more)
2. Morrisons is to close 132 McColl's convenience stores that have no realistic prospect of making a profit in the medium term, putting 1,300 workers at risk of redundancy.
The majority of the closures will take place this year, while 55 stores that include a Post Office counter will close next year.
(Click here to read more)
1. The cost of making a cup of tea went up significantly as food prices continued to rise at record rates in October, the British Retail Consortium said.
Costs for tea bags, milk and sugar all rose as food price inflation jumped from 10.6% last month to 11.6%, the BRC-NielsenIQ price index found.
(Click here to read more)