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
fiji, a country of more than 300 islands strung together in the pacific ocean. this is the economic and technology hub of the south pacific, and has one of the region s but in recent years, this island paradise, along with other countries in the pacific, have been battered by cyclones and extreme weather patterns, even as rising threaten to leave entire villages under water. and then came the pandemic. as borders closed and countries went into lockdown, fiji sought lucrative sea food and while its tourism sector all to map the way forward, pacific island leaders met face to face for the first time in almost three years in the capital of fiji tackled a regional approach to climate change, post pandemic economic recovery and as china expands its influence in the region, leaders will have to decide who will future of the welcome to surrounded by sea, it is no surprise that i have been talking to some fishing communities to find out the issues they are facing. 0n the journey to
similarly, as the sister institution, which is the international monetary fund, has traditionally had a european head as the managing director of the imf, and again, people have argued that that process needs to be opened up. perhaps they will be at some point. i just don t anticipate that will be the case now. the most important thing from where i sit is that it s somebody who understands that the world has changed. the nature of the work of the world bank must change accordingly to fight global challenges, as well as helping countries deal with poverty. and that person needs to bring credibility and an ability to build consensus amongst 189 shareholders who don t always see things eye to eye. let s get some of the day s other news. on wednesday, more than 200 flights were cancelled at frankfurt airport after construction work damaged broadband cables and caused check in and boarding problems for german airline lufthansa.
spread to every corner of the country. that is why infrastructure is our second growth priority. thanks to decisions by this conservative government, right now workers right across the country are building or maintaining thousands of miles of roads and railways, installing mobile masts and broadband cables to connect to the remotest parts of rural britain, building and repairing hospitals in constructing new wind turbines in the north the. when looking for cuts, capital is sometimes seen as an easy option. doing so limits not our budgets but our future. today i can announce by not catching a penny from capital budgets in the next two years and maintaining them at that level in cash terms for the following three years. that means although we are not growing our capital budget as planned, it will still increase from £63 billion four
nutrition. we need partners who understand about the impacts of climate change on us, but also in terms of liberalising the economy and seeing us as a viable destination. fiji is the industrial hub for the entire region. broadband cables run from here to all of the surrounding islands. diversifying into technology and services is one way to move up the value chain, and reduce the impact of climate change on the economy. tucked away in a corner of the capital is a burgeoning ecosystem of start ups. hello, nice to meet you. burgeoning ecosystem of start-ups. hello, nice to meet you. hello, nice to meet you. truman bradley is hello, nice to meet you. truman bradley is heavily hello, nice to meet you. truman bradley is heavily involved. - hello, nice to meet you. truman bradley is heavily involved. he i bradley is heavily involved. he calls himself a serial entrepreneur, running seven countries ranging from furniture to technology. furniture to technology. everyone wants to be furn