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We've been hit by a very severe shock, and that shock is coming through energy prices. i'm afraid we've got to be blunt about this, it's coming from the actions of russia. i'm afraid, as you say, yes, we are forecasting a recession now. you are blaming russia for that, but economic policy is set here. what i would say to that is that our concern is to ensure that this very big shock, that's going to hit people this winter, doesn't then get embedded into the system. that's the real concern we have. the big decision today was to raise interest rates by half a percentage point. but the big surpri...

The regulations could be enough to reduce consumption but i guess that higher prices will be needed to bring down electricity consumption to meet supply. electricity consumption to meet su -l . ~ ., supply. when we get into the winter, supply. when we get into the winter. you — supply. when we get into the winter, you are _ supply. when we get into the winter, you are saying - supply. when we get into the winter, you are saying that i winter, you are saying that spain has 20 of gas. firstly, where is it getting that and secondly is a anyway it can it with the rest of europe? spain has built ...

Hello, i'm kasia madera, this is outside source. nancy pelosi has arrived in taiwan — on a collision course with china highest quarterly profit, since household energy bills are forecast to hit more than £3600 a year this winter. it’s to hit more than £3600 a year this winter. �* , ., , winter. it's frightening, really because it's _ winter. it's frightening, really because it's such _ winter. it's frightening, really because it's such a _ winter. it's frightening, really because it's such a huge i winter. it's frightening, really i because it's such a huge amount of money, you cannot ...

Induce policy to support those that are hurting most, particular coming into this winter. {lilia are hurting most, particular coming into this winter.— into this winter. 0k, well, will hares, into this winter. 0k, well, will hares. oil— into this winter. 0k, well, will hares, oil and _ into this winter. 0k, well, will hares, oil and gas _ into this winter. 0k, well, will hares, oil and gas analyst i into this winter. 0k, well, will hares, oil and gas analyst at i hares, oil and gas analyst at bloomberg intelligence, thank you so much. stay with us on outside source. still to come: the fron...

And higher gas prices are driving up domestic energy bills — forecast to hit £3,600 a year this winter in england, wales and scotland. families across the country are worried. ruth is a mother of two children. she's been speaking to the bbc. imean, i mean, it's just frightening, really, i mean, it'sjust frightening, really, because it's such a huge amount of money and you can't get around it. there's things you can't change, when it's winter, we have to put the heating on, we have to put the lights on. maybe we won't have the lights on. maybe we won't have the heating on as much, maybe we w...