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Change. Clearly it is a popular policy by the public and heading up to the next election it would be a strange decision for the government to row back on anything with public support. Can the government have it both ways, say yes to granting licences for oil and gasp projects but at the same time it commitments to net zero . New licences for the north sea is not a change in Government Policy, we were expecting to see more. The oil and industrys estimates show production will continue to decline in the north sea no matter what the Government Policy is it simply because there is not as much gas ...

crash — hitting demand for goods and pushing down prices. joining me now is mark williams — chief asia economist at capital economics. these figures will not make for welcome reading once again. just looking at the stats there, the biggest contraction since 2009. why? critics succes what is going on here is yellow let's start with. the weeks ahead _ is yellow let's start with. the weeks ahead of— is yellow let's start with. tue: weeks ahead of chinese is yellow let's start with. tte: weeks ahead of chinese new is yellow let's start with. he weeks ahead of chinese new year, is y...

prices will stay high for longer. and we take a look at the biggest deal in golf, ahead of a us senate hearing into the pga—liv merger. welcome to world business report. let's start here in the uk where the government is facing another big setback in its battle against inflation. new data show that average wages have risen at a record annual pace of 7.3% in the march to may period, compared with the same period last year. british headline inflation is running at 8.7%, staying higher for longer than many had forecast. and there are concerns that after 13 consecutive interest rate ri...

five people on board that vessel. one of them is said to be british billionaire explorer amesh harding. secretary blinken said u.s. and china have stabilized deteriorating relations. the meeting with xi jinping did not result in a plan to improve the communications between the country's myrtle. we will ask former president trump about that in a minute. more than 100,000 customers in the southern u.s. were without power today following damaging scattered storms leaving residents searching for relief as sweltering temperatures continued to scorch that region. power outages for some cus...

submersible — which has less than 20 hours' supply of oxygen left. also on the programme tonight. more worrying economic data for the uk. inflation — the rate at which prices are rising — didn't fall last month as expected. that's left many expecting the bank of england to raise interest rates yet again tomorrow — heaping more pressure on many people with mortgages and loans. president zelensky tells the bbc that the battle to defeat russia is not a hollywood film — and while things are moving slowly, ukraine's counteroffensive will be successful. and the bbc uncovers evide...