flu is now infecting mammals in the uk. manchester united are into the league cup final. newcastle stand between them and a first trophy for six years. hello and welcome to the bbc news channel. the energy giant shell has reported record annual profits of £32 billion in 2022, more than double what it made this in the previous year. the profits are the biggest in the firm s history boosted by higher energy prices since the start of the ukraine war. shell has already said it will pay tax in the uk for the first time since 2017 as a result of the government s windfall tax. i m joined by our business editor simonjack. morning, simon. of these massive profits in context. the morning, simon. of these massive profits in context. profits in context. the highest in the shell s profits in context. the highest in the shell s 115 profits in context. the highest in the shell s115 year history, - profits in context. the highest in i the shell s115 year history, double what it mad
likely to find rates a lot higher than when they last fixed. we will get the decision at midday. we will also get the minutes from the bank s meeting, so we will get a bit of a sense of how high the expect rates to go, when they might stop increasing rates, when they might be looking to bring them down. we will also get the latest forecast for the economic performance of the uk, given the warning we had from the imf this week. i think those will be very closely watched indeed. peter, thank ou very closely watched indeed. peter, thank you very very closely watched indeed. peter, thank you very much. very closely watched indeed. peter, thank you very much. our very closely watched indeed. peter, thank you very much. our business| thank you very much. our business reporter there. thank you very much. our business reporterthere. let s thank you very much. our business reporter there. let s talk about some of the real life consequences of rising interest rates. with me is the consumer
and they are not. you mentioned that you are calling on and they are not. you mentioned that you are calling on essential you are calling on essential businesses to do more to help people in this crisis. what you want them to do? ., ., , ., ., , ”~ ii to do? for a start we are seeing $40 billion profits to do? for a start we are seeing $40 billion profits for to do? for a start we are seeing $40 billion profits for shell to do? for a start we are seeing $40 billion profits for shell and to do? for a start we are seeing $40 billion profits for shell and yet - billion profits for shell and yet people are struggling to pay their energy bills and when they try and let their energy providers know that they are struggling, they can t get through to a call centre, for example. so making it easierfor people to get in contact with their energy providers and say i need a payment plan, i need some help getting through this month, i need access to hardship funds, would make access to
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