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A case of just where of layering arc and her of say having vine kits around to keep warm on august 20 sakes, gary found out how much more his cost of living could go up. Thats when the government set a limit for energy providers. Previously, they could not charge more than 2300. 00 euros per average household. Now, the limit has been ups to 4000. 100. 00 euros hundreds of thousands of brits dont know how they will be able to pay the difference. Many already, depending on food banks to get by is very, very fearful because youre just thinking about how youre going to get the money to keep wall. How you going to get the money to buy the food . Which why is it gonna go food dog or heating . I think is gonna be very hard for us. Yeah. Yeah. We try to live like people. The recent crisis has been hardest on the poor natasha and Gary Waterhouse have been supporting the conservative party, but they are disappointed throughout the sinking abandon ship her. There is nobody at the helm steering is in the in the right direction. The scotland monks themselves. And theyre not focusing on the true thing, thats approaches the people of his country. People like natasha and gary who are unsure how to get through the coming winter. Ringback ringback or for more in this i want to go now to susanna streeter. Shes a senior markets analyst at hargroves lands down the u. K. Largest Retail Investment platform. Susanna, thanks for joining. Surely these Higher Energy cost mean consumers will be spending less in other areas. What do you predict . Absolutely, and were already seeing this, we got the latest death index from the british retail consortium. Its snapshot shows that wash many shop as have been doing is not actually buying essentials like school uniforms. So much that they had done in previous years. Instead theyre ring fencing budget and theyre spending on things like neat where to keep them warm during the winter and also Energy Devices such as air fries, which are likely to and use less energy at during the winter. Months other be turning off their cookers and using these instead of calls that they can afford to make these purchases. So were already saying this change in behavior. Now interestingly to day we tell stalks have risen at the likes of next, which is the major clothing platform and sportswear at company j. D. Sports. There is an expectation that energy bills will be frozen and that could give consumers a bit more wiggle room when it comes to being able to afford more discretionary items. However, remember that bills are likely only to be frozen at the current rate, which as there you are ported, pointed out to the red fall fowls and you rose, so already bills gonna be sky high. So it is very difficult spending, decisions will still have to be made certainly, well, very interesting Consumer Trends there. What do you think this means for the Overall Health of the economy in the u. K . Well i dont see it so very promising is a pretty Bleak Outlook because even if these energy bills are frozen, although the situation shouldnt, to tear it further, its going to mean that so many consumers will have a lot less money to spend. As that the going to be extremely cautious heading into the winter months. So certainly for some sectors like we tell hospitality, alicia, there are some pretty tough times ahead. I think looking at said the buddha mall k of cool. So if youve got Higher Energy prices that supports the energy johns of cools, and so there will be some support in terms of the stock market. But in terms of the overall economy, there are lots of question marks this trust that she wants to capt. Cut taxes as well. So that, that add to concerns about you. K bullwinkle says, well because theyve already been shooting up. I was was on a street or from Hargrave Lance van. Thank you thought now to some of the other Global Business stories making news. Germanys volkswagen is preparing a partial Public Offering of its portia brand plan for later this year. The listing is expected to bring in billions that volkswagen aims to invest in strengthening its production of electric cars. Batteries and software croatia has begun requiring businesses to display prices in both coon, up the National Currency and the euro. Or the new rule is aimed at preparing for crucial switch to the euro on january 1st. And flyers will also be required to display wages and both currencies. Germany will keep 2 of its 3 Nuclear Plants running. It says they will be Captain Reserve over the winter as the country struggles to replace Russian Energy sources. Berlin had planned to exit Nuclear Power at the end of the year. Sticking on that topic all over europe. High Energy Prices are causing problems for people also for entrepreneurs and energy suppliers. Now, countries are reacting very differently to the crisis. Our correspondence in germany, france, italy, and spain explain how the German Government has agreed on its biggest relief package yet for citizens and Companies Facing the pain of soaring Energy Prices. After tough overnight negotiations on the weekend, the Coalition Partners decided to help vulnerable groups, including pensioners, students and people receiving social welfare support. As well as Energy Companies that depend on expensive imported fuel. The 65000000000. 00 euro price tag will be paid in part by a new tax on windfall profits being reaped by other energy firms that depend on cheaper fuels such as cole. And meanwhile, the Tireless Energy diplomacy of germanys economics and climate minister robert havoc has succeeded in partially weaning this country off of russian natural gas. Paris has now increased a fuel subsidy by 0. 12 to 0. 30 per liter. It is also kept electricity, price increases, but resident, my call has already warned that the end of abundance is near and that Energy Prices will eventually rise. According to polls, the french are willing to reduce their Energy Consumption, as long as the government continues to help them financially. Business and unions are calling for the government to do more, even as 52000000000 euros have already been budgeted to soften the impact. The outgoing government of Prime Minister maria druggie is expected to call on the public to turn the heating down by one degree and to turn it off for an extra are every day. But his italians go to the pools on september 25th. The different Political Parties are expected to call for a cap on gas prices. I did the european level or domestically with others pushing for Nuclear Power or tapping further into local gas resources. Clearly, this is going to be on top of the agenda for any new government. Spain is taking part in a you wide efforts to safe gas to make it through the winter visitors to spain may feel warmer than before hours. Public billings, like shopping malls, restaurants, hotels, or even airports are not allowed to cool there in the spaces below 27 degrees. In contrast, the autumn and winter heating of these areas is not allowed above 19 degrees centigrade. Furthermore, elimination of public buildings, even shop windows, has to be switched off after 10 pm to ease the burden off its citizens. The government just decided to lower the tags on gas. Now we go to him, a hail critique, and he has an oil and gas market. Analysts speaking to us from oslo, norway was russia, anticipating europe, tightening its belt to the extent that it has no hail in its move to get off Russian Energy. I believe that the russian government expected, well, somewhat different to re action to guess blick male. Well, i believe that mister wooden expected to europe to decrease the o, well, the heat of sanctions against russia, and maybe to decrease. So the a help all over europe to ukraine, which is the resistance, the rest of the aggression. Ok, well we just heard about some of like, well, wearing an extra sweater italians turning down their temperature by one degree. How significant are these moves actually going to be for Energy Markets . Will they make a difference . Yes, i think they will make a difference, at least in the minds of the population. And, and the small contribution counts for the resistance to the rest of the black male. And we see that its not only are there people in the streets that are resistant. It is of the Industrial Companies, for example, since the beginning of august, still they handled it over all of us received the consumption of natural gas by Industrial Companies in germany. Decreased by over 20 percent. Theres us and theyre just saving and its the, it is a very important factor for the resistance. Right, right. Well, what were seeing here is, of course changes to peoples consumption. Also looking at different types of energy, is the industry expecting any sort of long term changes to how people consume energy because of this . Yes, i expect. Well, one of the strategic factors in the russia is, well expect in europe to slow down on the green transition on the new zation and switch to clean. And there are just such as hybrids in the wind, the solar and those and so forth. And well see the reaction of europe is absolutely opposite. The Movement Towards Green Energy Use accelerate and in europe. And i think there will be an absolute in you pattern of Energy Consumption and Energy Production in europe in about maybe half a year or 12 months. Michelle critique and hes an energy analyst. Thank you so much for joining us for that analysis. Thank and a reminder of the top business story were falling for you at this hour as she moves into 10 downing street live trust in harrison country in crisis, a weak economy, massive supply chain problems, and skyrocketing prices for food and energy in the u. K. Many brits are worried about the upcoming winter and wonder how theyll pay their bills. Thanks for watching. Thats our show. Well see tomorrow with a pulse with the beginning of the story that moves us and takes us so long for the ride. Its all about to perspective culture information. This is the w news and w made from mines. Oh mm. Hello guys. This is the 77 percent. The platform for africa. You beat issues and share ideas. Ah, you know, or this channel, we are not afraid to happen. Delicate that because population is growing. A young people clearly have the solution. The future belongs to you. Is 77 percent. Every weekend on d w. Will you become a criminal, a ready . No, with hackers, paralyzed between your societies. Computers or you and governments that go crazy for your data. We explain how these technologies work, how they can go for but how they can also go terribly. What you know new to ah this is dw news live from berlin. Keep reports, 3 civilians dead in eastern you crate. A City Center Apartment building is among the targets in heart as brushing shelly shaped the reject ukraine claims progress in its counter offensive

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