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Transcripts for BBCNEWS Dont write us off 20211009 15:39:00

the problem for residential consumers is that the price cap works on the legacy of six months, so there is very little that is going to be able to stop the price cap going up again in february, but at that point, as i say, hopefully there will be some deals and that is where we would urge consumers to absolutely start shopping around. keep an eye on the markets at the moment, stay put where you are, but keep an eye, because markets can be very fickle and we don t know how quickly those wholesale prices will start to fall, and if they do start to fall, then we should be back in the time when people can look around and provide that peace of mind of deals that are both fixed and below the price cap. sound advice there. just very quickly, turning to the call for a price cap, but also this a meeting that was held with the government and industry leaders, some people are saying that this is all coming a little bit too late. it is too little, too late. what other government interventions shou

Transcripts for BBCNEWS BBC News 20211009 13:10:00

what other government interventions should they be looking at? if there are are there other solutions? it is are are there other solutions? it is a difficult one. are are there other solutions? it is a difficult one. the are are there other solutions? it 3 a difficult one. the issue affecting us is not, it is not a uk issue. it is a worldwide issue on gas supply and demand just far outstripping supply at the moment so you have got to look at it and say he was going to look at it and say he was going to bear the cost of this. clearly, it is very unpopular and not the right thing to do for consumers to bear that cost and that is what the price cap is opposing on the flip of thatis price cap is opposing on the flip of that is that suppliers are actually bearing the cost with the failures and challenges and we are expecting to be potentially morph failures over the winter. consumers will be ok and we expect to see some level 0k and we expect to see some level of funding, whether that i

Govt Covid-19 spending worse than we thought

Transcripts for BBCNEWS The Papers 20240604 22:37:00

it s quite a worrying shift in some parts of the country. well, yes and no, i think parts of the country. well, yes and no, i think the parts of the country. well, yes and no, i think the pandemic parts of the country. well, yes and no, i think the pandemic has - no, i think the pandemic has exacerbated some of the pre existing trends that we had in the uk. and in the case of this north south divide in the most deprived areas of the country, even before the pandemic, the uk in echo turmeric dust economic terms, you had this very wealthy enclave in london, in the southeast, and the rest of the country was falling quite far behind, which was backed up by the productivity data. now the government is trying to identify ways to level up britain. this is what boris johnson s ways to level up britain. this is what borisjohnson s mantra is all about, now that he s got breaks it done, is how will we balance the uk economy? brexit done. my worry is that he ll continue to focus on these g

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