britain s largest energy supplier, centrica, is to reveal record profits today on the back of a surge in wholesale gas prices linked to the war in ukraine, just weeks after suspending the forced installation of prepayment meters over concerns of its treatment of vulnerable customers. many families are struggling to pay their energy bills, with a quarter losing sleep over it. centrica s boss chris o shea has been urged to waive his bonus. kathryn porter is an energy consultant and founder of watt logic. by by any one s numbers, £3 billion, it is a huge amount of money and it s going to mean a huge amount of criticism today as well from people across the board. is centrica profiteering in your view? board. is centrica profiteering in your view? no, i don t think the are in your view? no, i don t think they are profiteering, - in your view? no, i don t think they are profiteering, the - they are profiteering, the record profits are driven by its upstream business, production o
while this truck is about to go overland to turkey. more on the details from airbus, the european aircraft maker, who have earned a record 4.2 maker, who have earned a record 11.2 billion euros, about $4.5 4.2 billion euros, about $4.5 billion, in 2022 despite difficulties in increasing production because of supply chain issues, the issues many of us have faced as a result of the pandemic. airbus say they are delivering 660 or so aircraft in the last year despite original plans to hand over about 720 clients, so they are behind on bat. they are targeting about the same level next year, 720 deliveries in 2023, so it does look like the airline industry is returning to some form of normal after the covid pandemic. it looks
britons who have money in the banks will be targeted. basically we ll see banks shift deposits below 100,000 into the bank of cyprus to create a good bank, better means that uninsured deposit holders will hand over 4.2 billion euros and also those in bank of cyprus, the so-called good bank will be forced to make a contribution as well so the question marks from here, what happens with those who still have money invested in cyprus? will they try to remove it and capital controls are still in place in the country but many concerned that cyprus is still going to be a going concern from here and whether the country can reduce its gdp which stands at about 100%? karen, confusing. hope the deals work. karen tso live for us. we appreciate it. global markets are positive on the news. in a few hours we re