Page 2 - Susannah Streeter News Today

have the ability to keep making so—called virgin steal from scratch within the uk. there are also clearly concerned about the workforce here. while there are plans to bring a free port to port talbot, potentially building aviation fuel plant here, too, those plans are in the medium to long term, there is nothing to immediately shift these workers do. at £100 million pot has been announced to potentially help workers to retrain or find other work. it would be very difficult to find a...

before those strikes took place, the boss of maersk, one of the worlds biggest shipping companies, spoke to the bbc to warn of �*significant disruption�* to global supply chains because of the houthi attacks. maersk, like other shipping operators, is re—routing its vessels away from the red sea and suez canal. instead they are taking the �*long way round�*, from asia to europe, and around the cape of good hope. that�*s an extra 3500 nautical miles, or up to two week�*s sa...

bloc known as mercosur likely to dominate. both blocs have entered the last stretch of negotiations to seal a trade deal that has been over two decades in the making. so what progress will be made this week? lets discuss this withjimena blanco — chief analyst and head of americas research at the risk intelligence company verisk maplecroft. its company verisk maplecroft. a really big week for ti eu its a really big week for the eu and for south america. remind the viewers, mercosur wh...

thats according to the think—tank, the high pay centre — who have calculated that the average pay of top bosses will overtake the average full time workers annual pay by 1300 gmt today. joining me now is susannah streeter. happy new year. anybody looking at those and struggling on an annual salary of 34,963, the average, will be aghast. take a through the figures. be aghast. take a through the fiaures. . , be aghast. take a through the fiaures. ., , ., , be aghast. take a through t...

we start here in the uk — with a very rare piece of good news about the cost of living — because for people in england, scotland and wales, average energy bills are set to fall by hundreds of pounds this summer. the uk energy regulator ofgem is about to release its latest price cap — the maximum amount suppliers can charge the average household. because the cost of energy has fallen sharply on global markets, that cap is expected to come down from july, saving the typical househo...

the global monetary pivot — that was what some commentators were declaring on wednesday, after the us federal reserve said it had probably finished raising interest rates, and signalled it was planning to start cutting them next year. but clearly, neither the european central bank nor the bank of england got the memo. they left their rates on hold and said it was too early to talk about cutting them. in fact, here in the uk, three members of the bank of england monetary policy commit...

the economy is coping with the cost—of—living crisis when we get first—quarter gdp figures in just over an hours time. its expected to have continued growing by 0.2% in the first three months of the year. hardly booming, but a far cry from the record—breaking recession that the bank of england was predicting six months ago. on thursday, the bank announced a major rethink of its forecasts, saying the uk will now avoid going into recession. but it warned that the battle to get so...

by about twice the global average. its already increased by 2 degrees celsius. 20 years since the us—led coalition invaded iraq to topple dictator saddam hussein, we look at the legacy. hello and welcome to bbc news. the worlds financial markets have reacted with unease following last nights emergency takeover of the troubled swiss bank credit suisse. shares in credit suisse fell by more than 60% this morning after european markets opened and the value of banking shares across europe...

how one woman turned freebies for the famous into a multimillion—dollar branding business. hello there. we start here in the uk where the government is under pressure to tackle a chronic shortage of workers — when it publishes its budget next week. it is adding to wage pressures — pushing up inflation — and holding back economic growth. soaring childcare costs have priced many people, usually women, out of the workforce. post—brexit restrictions on foreign workers have added ...

to $1 billion, although bloomberg reports that credit suisse sees that as vastly undervaluing the bank. the swiss banking giant had been caught up in the market uncertainty triggered by the collapse, nine days ago, of americas silicon valley bank. it had been offered an emergency credit facility of more than $50 billion by switzerlands central bank, but that had not prevented a sharp fall in its share price. our business correspondent marc ashdownjoins me now. an urgency around these t...