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5 Things You Need To Know, Today, on Wednesday 10th August 2022
5. Tesla boss Elon Musk has sold another 7.92 million shares in the electric car maker, worth around $6.88bn (£5.7bn).
Musk says he needs the money in case he is forced to buy Twitter for $44bn.
4. Energy bills for a typical household could hit £4,266 next year, a consultancy firm has warned.
The higher estimate means the average household would be paying £355 a month, instead of £164 a month currently.
3. British postal workers will hold four days of strikes in August and September in protest over pay.
Rising prices and stagnant real wage growth has forced unions representing workers to strike or trigger industrial action as Britain faces its worst cost-of-living crisis in decades.
2. Many households are falling behind on energy payments with total debt owed three times higher than in September last year, a survey has suggested.
Almost a quarter of households owe £206 on average, according to comparison site Uswitch, which surveyed 2,000.
1. Ministers will hold talks with energy giants tomorrow to discuss measures to ease the cost of living.
Chancellor Nadhim Zahawi and Business Secretary Kwasi Kwarteng will meet bosses to discuss rising prices and the sector's profits.