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5 Things You Need To Know, Today, on Wednesday 7th December 2022
5. Computer chip giant TSMC says it will more than triple its investment in a giant US plant to $40bn (£33bn).
The announcement came as President Joe Biden and the Taiwan-based firm's boss opened the factory in Arizona.
4. The government has pledged to relax restrictions on building onshore wind farms in England after a threatened rebellion from Conservative MPs.
A rule requiring new turbines to be built on pre-designated land will be rewritten, the levelling up department said.
3. 10,000 ambulance workers - including paramedics, control room staff and support workers - will strike across most of England and Wales on 21 and 28 December.
The walkout by the three main ambulance unions - Unison, GMB and Unite - will affect non-life threatening calls only. The military are on standby to help out
2. New average two and five-year fixed-rate mortgages now have an interest rate of less than 6% for the first time for two months, data shows.
Financial information service Moneyfacts said the typical two-year deal on the market now had a rate of 5.99%, and was likely to fall further.
1. There is evidence that "rocket and feather" fuel pricing happened in 2022, a competition watchdog has said when fuel prices rise as wholesale costs rise, but then fall more slowly than costs come down.
The Competition and Markets Authority (CMA) said it would look into whether this drove greater profits for retailers.