BBCNEWS World Business Report July 7, 2024
hello there. we start with the cost of living. we are expecting to hear in the next few hours what the uk government plans to do to help consumers with soaring energy bills. they could see hundreds of pounds knocked off bills this winter, as part of a package of support worth at least £10 billion, largely funded by a one—off windfall tax on energy companies. annual household energy bills here in the ukjumped by an average of £700 in april when the uk regulator ofgem raised the cap on what suppliers can charge. and ofgem has warned they will have to rise by a further £800 in octo...