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5 Things You Need To Know, Today, on Friday 2nd September 2022

5. Twitter is finally giving its users the new feature they have most requested - an edit button.

"If you see an edited Tweet, it's because we're testing the edit button. This is happening and you'll be OK," the company tweeted.

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4. OnlyFans made nearly $4bn (£3.47bn) in 2021, paying its owner $500m (£433m) in 18 months.

It reported pre-tax profits of $433m last year, up from $61m in 2020.

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3. UK house prices rose by 10% in the year to August, the Nationwide has said, despite pressure on buyers' budgets.

However, the Nationwide said there were signs the market was cooling, as both energy costs and mortgage rates rise.

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2. The UK would be paying "billions" of pounds less for its energy, if it had stuck with plans to reduce fossil fuel use, an energy boss has said.

Greg Jackson, chief executive of Octopus energy, said the price of electricity is currently determined for the whole market by the cost of gas because it is the most expensive form of generation.

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1. Boris Johnson has pledged £700m for a new nuclear power plant on the Suffolk coast, with a call to "go nuclear and go large and go with Sizewell C".

The project, which is being developed by French energy company EDF, is estimated to cost about £20bn overall.

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