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BBCNEWS World Business Report July 7, 2024 - Vimarsana News

BBCNEWS World Business Report July 7, 2024

in energy bills from tomorrow, despite government help to limit price rises. plus: auto austerity! citroen�*s answer to the energy crisis — a cheap electric car — made of recycled plastics and cardboard! hi, there. prime minister liz truss and chancellor of the exchequer kwasi kwarteng will be trying to rebuild the confidence of financial markets today after a week of turmoil sparked by their economic plans last friday. they are to meet with the head of the uk's government spending watchdog, the office for budget responsibility. the obr's role is to give independent oversight o...

BBCNEWS World Business Report July 7, 2024 - Vimarsana News

BBCNEWS World Business Report July 7, 2024

will be announced this morning by the energy regulator ofgem. this is the maximum amount companies can charge households for their energy use. the first rise saw prices to nearly £2000 and it could go up to £3000. average bills will hit £4650. let's hear from some people who are already struggling the heat their homes. #it # it takes a worried man to sing a worried song. we don't have the option _ sing a worried song. we don't have the option to _ sing a worried song. we don't have the option to turn - sing a worried song. we don't have the option to turn it - sing a worried song....

BBCNEWS World Business Report July 7, 2024 - Vimarsana News

BBCNEWS World Business Report July 7, 2024

leaked documents show president emmanuel macron and a former eu competition commissioner held a series of private meetings with uber. at the time, the ride—sharing app had been banned in france and sparked protests across europe from taxi drivers who felt their livelihoods were being threatened. as part of an investigation by the international consortium of investigativejournalists, the bbc has discovered how uber used political contacts to get what it wanted. richard bilton reports. when hoover first arrived when hooverfirst arrived in france, it started a taxi well. but while man...

BBCNEWS World Business Report July 7, 2024 - Vimarsana News

BBCNEWS World Business Report July 7, 2024

we begin with the cost of energy and steps being taken across europe to prepare for winter. germany is keen to push forward in reducing its dependence on russian gas supplies as concerns continue over whether russia could completely shut down gas flows into europe. germany's chancellor olaf scholz is in canada and has just signed a deal to form hydrogen supply chains with canada. this is seen as a positive step forward but it does not offer an instant fix as it will take some time to get the right infrastructure in place. to talk us through what's at stake. i'm joined by nathan piper...

BBCNEWS World Business Report July 7, 2024 - Vimarsana News

BBCNEWS World Business Report July 7, 2024

we start here in the uk, where the bank of england has raised the cost of borrowing to its highest level in 13 years. the quarter of a percentage point rise, to 1.25%, was less than some were expecting. but financial markets are now betting uk interest rates will have to rise a lot further from here, to get control over soaring inflation. the worry is, too steep a rise in borrowing costs could tip the economy into recession. and the warning signs are already there. our economics editor faisal islam reports. on faisal islam reports. the outskirts of doncaster, a on the outskirts of do...