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5 Things You Need To Know, Today, on Thursday 22nd December 2022
5. Sam Bankman-Fried, former boss of failed cryptocurrency exchange FTX, has arrived by plane in New York from the Bahamas to face fraud charges.
The 30-year-old was extradited on suspicion of committing "one of the biggest financial frauds in US history", US authorities have said.
4. A trend of moving to rural and coastal areas is fading and affordable towns are becoming more of a draw, according to property website Zoopla.
Demand for larger, more remote homes surged during the pandemic as people looked to live and work out of town.
3. More than one million households with pre-payment meters did not redeem their monthly energy support vouchers during the cold weather snap in December.
Firms where prepayment customers can cash vouchers said postal strikes may have delayed some voucher deliveries.
2. Firms are "banging their head against the wall" two years after post-Brexit trading began, a new report suggests.
The British Chambers of Commerce (BCC) said businesses were still grappling with EU trading arrangements and more red tape with a report suggesting Brexit may have reduced UK trade by around 7%.
1. Government borrowing hit its highest November level on record last month, driven by the cost of supporting households with the rising cost of living and energy bills.
Borrowing, the difference between spending and tax income, reached £22bn, a rise of £13.9bn on November 2021 and interest on government debt also surged by 50.1% to £7.3bn.