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5 Things You Need To Know, Today, on Tuesday 13th December 2022
5. The Bahamas police have arrested Sam Bankman-Fried, founder of the collapsed cryptocurrency exchange FTX, the country's attorney general has said.
He is scheduled to appear on Tuesday in a magistrates court in the Caribbean country's capital, Nassau.
4. National Grid has stood down two coal plants that it had put on standby to generate electricity in case supplies were disrupted because of cold weather.
National Grid said on Monday that while it had asked Drax to warm up its two coal-fired units at its site near Selby, North Yorkshire, the plants might not be used. It confirmed at lunchtime the power station had been told to stand down.
3. Passengers face delays and cancellations at airports on Monday after snow, ice and freezing fog swept the UK.
Gatwick and Stansted airports closed their runways on Sunday due to the bad weather. Flights have since resumed but many have been cancelled or pushed back.
2. The UK economy will get worse before it gets better, Chancellor Jeremy Hunt has said after figures revealed it shrank further between August and October.
The economy contracted by 0.3% during the three months as soaring prices hit businesses and households and the UK is forecast to be heading into recession.
1. Train passengers are braced for major disruption this week, as a series of strikes is set to bring the UK's rail network to a standstill.
About 40,000 rail workers will walk out on Tuesday, Wednesday, Friday and Saturday as part of a long-running row over jobs, pay and conditions.