BBCNEWS BBC News at Six June 4, 2024 17:04:00
As the world began to emerge from the coated pandemic. the war in ukraine then saw russian oil exports shunned with the effect on gas prices even more extreme and volatile, as european countries have tried to reduce their heavy reliance on russian gas supplies. the net result for energy bill payers is this — annual bills estimated to hit over £3,700 by next april, a quadrupling within two and a half years. bumper profits for companies like bp sit uncomfortably next to those grim price forecasts. bp says it will be paying more into government coffers with taxes on uk profits now at 65% given...