it comes as the president of the world bank said the war in ukraine is a catastrophe for the world which will cut global economic growth. our economics editor faisal islam reports. the impact of this war 1500 miles away is starting to be felt everywhere. a price shock is coming on what we pay for our loaves of bread, anything that requires a tin or a can, on sunflower oil and, of course, it's here already in our use of petrol at the pumps and energy generally, especially gas, all of which are being hit by limits on what russia or ukraine are able to export. have a look at the price energy companies pay for the gas they need to supply to households. it's been about 50p per therm for two decades. during the invasion, it shot up, surging today to 508p per therm, a new record and making another significant rise in bills in autumn likely. it's notjust gas, though.
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