let s get down to business. an australian firm recharge industries has come to the rescue and bought the battery maker britishvolt out of administration. the deal is expected to be announced shortly. britishvolt had plans to build a £4 billion gigafactory near the port of blyth in northumberland, but it ran out of money and collapsed last month. its downfall was blamed on a lack of battery experience, unproven technology, and therefore no customers oi’ revenue. the new owner is another start up. recharge industries is owned and run by a new york based investment fund called scale facilitation. its australian chief executive, david collard, told our business editor simonjack why his company was different. what we re bringing, which is different to the prior britishvolt, is we re bringing validated technology. so that process has already started. us defence has also validated the technology, it s actually already supplied to the uk navy through a subcontractor over here.
in targeting of schools and hospitals. it is still not clear what accusations that israeli military is facing but this decision, if taken, will put more pressure on the country s authorities. unsurprisingly, there has been a strong reaction from israeli officials. prime minister netanyahu said the un added the of history saying the israeli military was the most moral in the world. they have been reports saying both hamas and islamichhad will be added to this list and there has been reaction from the palestinians as well. a spokesman for the palestinian president the reuters news agency saying that this decision was a step closer to holding israel accountable for its crimes. meanwhile, us secretary of state antony blinken is set to make his eighth visit to the middle east since the october 7th attacks. for more on all this, i spoke to michael oren, the former israeli ambassador to the us to get his reaction to the un s report. outrageous, unacceptable. the israeli army is do
what what we see as an economy is what the what we see as an economy is what the labour market is slowing what the labour market is slowing in a way that is predictable. so there is from a household perspective, unemployment is sticking up. it is getting unemployment is sticking up. it is getting harder to find a job is getting harder to find a jab we is getting harder to find a job. we are seeing people hanging onto theirjobs for longer, hanging onto theirjobs for longer, the quit rate has fallen longer, the quit rate has fallen because people realised people it is hard to find a new people it is hard to find a hewjoh people it is hard to find a newjob. this is what the fed is trying newjob. this is what the fed is trying to do, trying to slow the economy and this is working. so the question will be when working. so the question will be when can they ease their foot be when can they ease their foot off be when can they ease their foot off the break. i
to fall to around £3300 per yearfor to fall to around £3300 per year for the average domestic household but in terms of the actual household bills, because of the energy price guarantee, because that went up, we expect bills to increase to around £3000 a year, plus you have got within that the issue of the £400 energy bill support schemes that households have been receiving over the winter, there will come to an end, so you have this double hit from a household perspective of the direct increase in bills as a consequence of the as that loss of the £400 payment which helps tell what households have been receiving whilst we understand about what i was asking about what the difference that the government will have to to provide that support to households and businesses. it’s households and businesses. it s auoin to households and businesses. it s going to cost the government less, isn t it? less, isn t it? very much so. we are still less, isn t it? very much so. we are still wait