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5 Things You Need To Know, Today, on Tuesday 24th January 2023
5. Billionaire Bill Gates has invested in an Australian climate technology start-up that plans to reduce the methane emissions of cow burps.
Perth-based start-up Rumin8 is working on a dietary supplement - synthetically replicated from red seaweed - which stops the creation of the gas.
4. Twitter is being sued by the Crown Estate amid allegations of unpaid rent at its London headquarters.
The Crown Estate, which manages a property portfolio belonging to the monarchy, filed a case at the High Court last week.
3. The Confederation of British Industry's (CBI) Director-General Tony Danker says the prime minister Rishi Sunak must respond to green investment subsidies in the United States and the European Union or lose 4.3 billion pounds ($5.3 billion) of European market share by 2030.
Other countries were ahead of Britain in rolling out support for investments in areas such as heat pumps, insulation, building retro-fits, electric vehicle charging infrastructure and carbon capture and storage, Danker said.
2. Discounts for households to use less electricity at peak times will be offered again later as part of a scheme to avoid blackouts.
National Grid's Demand Flexibility Service will be offered for a second time to eligible households between 16:30 and 18:00 GMT TODAY, more than a million households and businesses in England, Scotland and Wales have signed up to take part.
1. There are growing fears that 2023 could see a wave of company collapses as the cost of living crisis continues.
The number of firms on the brink of going bust jumped by more than a third at the end of last year, said insolvency firm Begbies Traynor. It expects this number to rise due to higher costs and consumers cutting back their spending.