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Transcripts for BBCNEWS World Business Report 20240604 04:34:00

worse and increase people s mortgage rates, and we re doing things like increasing the supply of energy, moving people into work, to ease some of the supply side pressures that we re seeing. but for now, at the petrol pump, the supermarket, in utility bills, there is no hiding from a cost of living crisis that is expected to get worse before it gets better. simon jack, bbc news. a foreboding warning there. steve irwin is director at portland analytics, which is a fuel market consultancy based in york in the north of england. if it is going to get worse before it gets better, the obvious question is how much was could it get? unfortunately, that is not really a question anybody can answer. there is no limit as to how high oil and fuel prices in general can go. it is entirely set by the market. the market sets the price and whatever anybody is prepared to pay, effectively when you are down to the last barrel of oil, how much does somebody need it? it

Transcripts for BBCNEWS BBC News 20240604 19:15:00

and increase people s mortgage rates, and we are doing things like increasing the supply of energy, moving people into work, to ease some of the supply side pressures that we are seeing. but for now, at the petrol pump, the supermarket and in utility bills, there is no hiding from a cost of living crisis that is expected to get worse before it gets better. simon jack, bbc news. let s talk a bit more about the impact of rising fuel prices. amy bird works for caremark, which provides home to home care in yorkshire. good evening to use. hello, are you 0k? first of good evening to use. hello, are you 0k? first of all, good evening to use. hello, are you 0k? first of all, please good evening to use. hello, are you 0k? first of all, please explain - good evening to use. hello, are you 0k? first of all, please explain how| 0k? first of all, please explain how ou 0k? first of all, please explain how you guys have 0k? first of all, please explain how you guys have come 0k? first of all

Transcripts for BBCNEWS Outside Source 20240604 18:40:00

duty immediately by 10p a litre and introduce a fuel price stabiliser. when prices go up, duty should come down. if prices go down, duty can go up. that will help individuals and help the economy. the chancellor today was admiring a brand new electric lorry, but pointed to the recent 5p fuel duty cut and said he would get inflation back under control. i want people to be reassured. that we have the tools we need and the determination to get inflation back down - and under control. and i m making sure that our borrowing and debt i is handled responsibly so we don t make the situation worse and increase people s mortgage rates, and we are doing things. like increasing the supply of energy, moving people into work, to ease some of the supply side pressures that we are seeing. i but for now, at the petrol pump, the supermarket and in utility bills, there is no hiding from a cost of living crisis that is expected to get worse before it gets better. simon jack, bbc news.

Transcripts for BBCNEWS BBC News at Ten 20240604 21:09:00

duty immediately by 10p a litre and introduce a fuel price stabiliser. when prices go up, duty should come down. if prices go down, duty can go up. that will help individuals and help the economy. the chancellor today was admiring a brand new electric lorry, but pointed to the recent 5p fuel duty cut and said he would get inflation back under control. i m making sure that our borrowing and debt is handled responsibly- so we don t make the situation worse and increase people s mortgage - rates, and we re doing things like increasing the supply- of energy, moving people into work, to ease some of the supply side - pressures that we re seeing. but for now, at the petrol pump, the supermarket, in utility bills, there is no hiding from a cost of living crisis that is expected to get worse before it gets better. simon jack, bbc news. the prime minister has been in blackpool today his first public appearance away from westminster since monday s

Transcripts for BBCNEWS Newsday 20240604 23:21:00

to the recent 5p fuel duty cut and said he would get inflation back under control. i want people to be reassured that we have the tools we need and the determination to get inflation back down and under control. i am making sure that our borrowing and debt is handled responsibly so we don t make the situation worse and increase people s mortgage rates, and we are doing things like increasing the supply of energy, moving people into work, to ease some of the supply side pressures that we are seeing. but for now, at the petrol pump, the supermarket and in utility bills, there is no hiding from a cost of living crisis that is expected to get worse before it gets better. simon jack, bbc news. tourist left wear masks, take a private medical insurance and chaperone rather than state or to prevent a new covid 19 wave there. mixed feelings on the streets of tokyo about tourists making that return.

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