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For more than a decade, as the bank of england tries to curb inflation. rates have risen four times since december, and are now up from 0.75% to 1%. the rate at which prices increase is expected to hit more than 10% by the end of the year. the inflation figure is as its highest level since the early 1980s. rising fuel, energy, and food costs, partly the result of the war in ukraine, are to blame. and there are warnings of a real risk of recession because the economy, which was predicted to grow next year by more than 1%, is now expected to shrink by 0.25%. vladimir putin has called on ukrainia...

See from the energy companies is a willingness on their part to be seen to be investing in renewables. we saw that last week when he said bp would invest £18 billion in renewables by the end of the decade. shell has already outlined a project of £25 billion by the end of the decade, so as long as they keep banging that drum, they should keep the politicians on the back foot. this shows that despite having to pull out of russia, these companies are benefitting from higher oil and gas prices. meanwhile, households are facing extra financial pressures. the government has so far ruled out a wind...

The year to shareholders but that includes millions of pension savers who rely on dividends and payouts from oil and gas companies to meet obligations to people who have saved for pensions. they are eye—catching results, but the oil and gas companies would point out it was not long ago they were making record losses. the energy business is volatile. and so when people talk about a windfall tax, people say when we made record losses i don't remember people saying they would help us out. those are the discussions from the companies pastoral point of view, but the government resisting calls des...

To the bbc news website or the bbc news app and enter your postcode and you will find lots of election analysis and the latest reports from our teams around the country as well. in other news, interest rates are now at their highest level for more than a decade as the bank of england tries to curb inflation. rates have risen four times since december and are now up from 0.75% to 1%, and the rate at which prices increase is expected to hit more than 10% by the end of the year. the inflation figure is at its highest level since the early 1980s. rising fuel, energy and fuel cost, partly as a resu...

To their— interest rates were for the two rise to their highest for 13 years today, and this— to their highest for 13 years today, and this story says the bank of england — and this story says the bank of england is forecast to raise interest— england is forecast to raise interest rates from 0.75 up to 1% is probably— interest rates from 0.75 up to 1% is probably talking about still very low rates here, of interest, but even _ low rates here, of interest, but even in — low rates here, of interest, but even in terms of inflation, they are low compared to the historic very hi-h low c...