Caspian Conran News Today : Breaking News, Live Updates & Top Stories | Vimarsana

good evening and welcome to bbc news. "it's been a tough day" — that's how the chancellor began his speech to the party faithful at the conservative party conference this afternoon. it follows a dramatic u—turn this morning when the government suddenly dropped its plan to scrap the 45p top rate of income tax. only yesterday, the prime minister had insisted the tax cut would stay — except in scotland. but now kwasi kwarteng says criticism of the measure had become a "huge distraction" that had "drowned out" other measures announced in the government's so—called mini budgetjust...

let's begin in the us where as we've been hearing, a landmark bill which includes billions of dollars to fight climate change, has been approved by the senate. the $430 billion bill will fund a range of measures to steer the us economy away from fossil fuels, with initiatives to boost electric car ownership and the use of solar energy. the bill also funds measures to reduce healthcare costs. so what does this all mean for the us economy? joining me now isjustin urquhart—stewart, founder of regionally investment platform. lovely to see you. on the face of it this is a huge step forw...

Caroline davies, is here. we will not hear from caroline. let's get more now from caspian conran — he's an energy market economist at baringa, which is a consulting firm. as good if not better than caroline davis. thank you so much for being here with us. how surprised are you that the regulator offjim has said we face a significant cash shortage and how worried should we be. flat and how worried should we be. not surrised and how worried should we be. iirrt surprised with what we know that the future market participants have been pricing in these risks over the last few months. it's entirel...

Caspian conran is energy markets economist at baringa. caspian, good to have you on the programme. there has been a lot of conversation about supply of this energy and where it's coming from, the us boosting its provisions significantly. talk us through the demand in the run—up went and what impact it is having? it is a huge role for lng to plug the gap of the potential withdrawal of russian gas as we move into the winter months, it has been softness in global energy markets this year which has helped europe stockpile additional energy reserves, global energy imports into europe are up 20% y...

The war in Ukraine is depriving far-away developing countries of electricity, as the world's supply of liquefied natural gas used to produce power is swallowed up by European nations as an alternative to Russian gas.