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5 Things You Need To Know, Today, on Tuesday 20th December 2022

5. Twitter users have voted in favour of Elon Musk stepping down as the platform's chief executive after the billionaire ran a poll on his future.

A total of 57.5% voted "yes" after Mr Musk asked his 122 million followers whether he should stand down.

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4. Charities are facing "lacklustre" festive donations as the soaring cost of living hits the finances of organisations and their sponsors.

Fewer people are donating to charity compared with before the pandemic, according to a survey by the Charities Aid Foundation (CAF).

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3. The government is suing a company that supplied it with personal protective equipment (PPE) for £122m plus costs.

PPE Medpro won contracts through the so-called VIP lane in 2020, after being recommended by Tory peer Baroness Mone.

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2. A 95% loan-to-value mortgage guarantee scheme, to help people get on the property ladder is to be extended by a year.

The government said the programme, which was due to close at the end of December, would help buyers "navigate difficult times".

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1. A decision on extending help for businesses facing soaring energy bills will not be made until the new year, the Treasury has said.

Currently wholesale gas and electricity prices have been fixed for firms from October until March 2023, but the help is under review due to the cost.

(Click here to read more)