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5 Things You Need To Know, Today, on Tuesday 23rd August 2022
5. Athletics icon Usain Bolt has moved to trademark a logo showcasing his signature victory celebration pose.
The retired Jamaican sprinter submitted an application in the US last week.
4. Elon Musk has launched legal action to summon Twitter co-founder Jack Dorsey to appear in court as part of his legal battle with the tech company.
Musk is seeking to end his $44bn deal for Twitter after alleging the firm failed to provide enough information on fake account numbers.
3. Sterling fell to its lowest since mid-July against the dollar on Monday as surging energy costs and a summer of strikes highlighted the UK cost of living crisis and intensified fears for further economic slowdown.
Amid worries around Britain's surging inflation and declining economy, sterling recorded its biggest weekly fall against the U.S. dollar since September 2020 on Friday.
2.Up to six million disabled people will begin to receive £150 from the 20th September to help with the rising cost of living.
The government said within a couple of weeks of the roll-out date, the majority eligible people will receive the cash in their bank accounts.
1. Britain recorded its biggest fall in output in more than 300 years in 2020 when it faced the brunt of the COVID-19 pandemic.
Gross domestic product fell by 11.0% in 2020, a bigger drop than any of the ONS's previous estimates and the largest fall since 1709.