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5 Things You Need To Know, Today, on Friday 22nd October 2021

5. There is growing concern that free, face-to-face advice which helps hundreds of thousands out of debt each year could be cut.

New contracts from the Money and Pensions Service (MaPS), which funds most free debt advice in England, will see more money spent on help given over the phone or online.

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4. Tesla has brushed off supply chain issues and the global microchip shortage to report record quarterly sales and profits.

Revenues rose to $13.76bn in the third quarter of the year, up from $8.77bn 12 months earlier.

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3. The company behind brands such as PG Tips, Cornetto and Dove has said it will raise prices to cope with "elevated levels" of cost inflation which it expects to continue next year.

Consumer goods giant Unilever said that it had already lifted its pricing.

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2. Government borrowing fell in September compared with a year earlier as the economy continued to recover from coronavirus lockdowns.

Borrowing - the difference between spending and tax income - stood at £21.8bn, which was £7bn less than in September 2020.

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1. Second-hand car prices are rising at "unprecedented rates", the AA has said, as more people consider buying used cars amid a low supply of new vehicles.

Research by the motoring group suggests the price of the UK's most popular cars have increased up to 57% since 2019.

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