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Transcripts For BBCNEWS World 20240706

we start here in the uk with a very rare piece of good news about the cost of living because for people in england, scotland and wales, average energy bills are set to fall by hundreds of pounds this summer. the uk energy regulator ofgem is about to release its latest price cap the maximum amount suppliers can charge the average household. because the cost of energy has fallen sharply on global markets, that cap is expected to come down from july, saving the typical household annually around £450. hannah miller has been talking to energy users in the east of england who have been struggling to pay their energy bills. since we last came to suffolk, 18 month old robyn has taken her first steps. and her mum, claire, has been trying to keep the family bills under control. we first met in august, when claire was already cutting back on her electricity use. i am terrified that, when the winter comes, we re not going to have enough for the bills. since then, energy prices hav

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Transcripts For BBCNEWS World 20240706

for people in england, scotland and wales, average energy bills are set to fall by over £400 a year, that s over $500. the energy regulator ofgem has lowered its price cap for the typical household bill to £2,076, though the actual bill will still, of course, depend on how much energy people use. at its peak last year, the price cap reached more than twice that level, but households were shielded from the full impact of energy prices by a government price guarantee of £2,500. let s get more now from our personal finance correspondent kevin peachey. finally some good news. bills are still high but not as high as they were? ., , , still high but not as high as they were? . , , . ., , were? that this is certainly the case. were? that this is certainly the case- energy were? that this is certainly the case. energy prices were? that this is certainly the case. energy prices clearly - were? that this is certainly the case. energy prices clearly a i were? that this is certain

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Transcripts For BBCNEWS World 20240706

because the eurozone s largest economy is now officially in recession. germany has had two consecutive quarters of negative growth. the country s economy contracted by 0.3% between january and march. this follows a contraction of 0.5% in the final three months of 2022. a drop in consumer spending was main cause of germany s disappointing performance in the first quarter, with household consumption falling by 1.2%, as the cost of living crisis continued to cause headaches for millions of people. joining me now is christian schulz deputy chief european economist at citi bank. thank you for being with us. perhaps no great surprise for those who watch those numbers, but it is symbolically important that what was once was a powerhouse economy is now technically in recession. technically in recession. indeed. germany s - technically in recession. indeed. germany s. .. they ve technically in recession. indeed. germany s. .. they ve had - technically in recession. indeed. germ

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Transcripts For BBCNEWS BBC 20240706

found in france, after he went missing six years ago will return to the uk in the next few days. possums, yes, it s me, dame edna, and aren t i looking gorgeous? and remembering the late barry humphries king charles and sir eltonjohn are among those paying tribute at a state memorial in sydney. and coming up on bbc news, we will hear how england s women are heading for defeat in mumbai almost 500 runs behind india in their one off test. good afternoon. prince harry has won his phone hacking case against the publishers of the daily mirror. a high courtjudge ruled this morning that on 15 occasions the duke of sussex was the victim of hacking or other unlawful methods of getting stories about him. he s been awarded £140,000 in damages. in a statement, prince harry said it s a great day for the truth and called on the police to launch a criminal investigation into mirror group newspapers. here s our media correspondent, david sillito. this has been a landmark case, prince

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