structurally in decline. you ve got the rise of renewable energy, the fact that electric vehicles are now 50% of sales in china. so that ll be a fundamental challenge to anybody investing in fossil fuels a fundamental challenge to anybody investing in fossilfuels in a fundamental challenge to anybody investing in fossil fuels in the future. this is an industry which is clearly entering into its endgame. renewables are ultimately growing faster than fossil fuels, and that will mean that clean energy will win. now investors have got to act, we ve got to deploy huge amounts of clean energy, we ve got to build up the grid notjust in the uk, but all over the world. it s all about electrifying everything. if we can do that, that ll be the death knell of fossil fuels. marcus correct that market tends to direct the way the market goes. there are more clean energy plants in texas, an oil state, then there are in california because it s economically sensible to do it. but we ve got a f
britain s ecomomy is expected to have gone into reverse shrinking by 0.1%. and if that continues for the rest of the year two quarters of negative growth that would constitute a recession. the bank of england has raised the cost of borrowing to a 15 year high, to try to rein in soaring prices, and that s weighing heavily on many businesses and households. on thursday, official data showed a steep jump in the number of people falling behind on mortgage payments. our cost of living correspondent, colletta smith, reports. good morning, donna speaking, how may i help? with rates on the up, more people have been struggling to pay their mortgage bill. don t worry, i m sure we can get this sorted out for you. ..and an increasing number are now officially in arrears. you know, nobody wants to send debt collectors to your door. nobody wants that. that s not what we want. we want to help you, we want to get a solution in place with you, but we can only do that if you give us a ca
Project, the National Unity project and we cannot tolerate anyone taking advantage of the current climate and try to form into try to form illegal institutions or bodies. We have to be prepared to pay the cost of living in a country like turkey if we dont take that into account, if we are not prepared to pay for it then we may not have the luxury but whoever targets turkey they should be in no illusion and never forget that turkey is strong and turkey is powerful to punish those who try to target and attack turkey. I dont want anyone to have any worries due to the fact that turkey has just come out of an election and a new government is in the process of being formed but while that takes place we are in our office and we will of course take all necessary steps accordingly. Accordingly. So these are the live shots you are looking at from turkey that is the turkey Prime Minister, he was giving a statement on the resent developments in turkey saying that turkey cannot stand by as kurdish,
And killed in cold blood it is but first the breaking news out of napa where a fast moving brush fire has really exploded in size. Good evening, everybody. That wildfire near Lake Berryessa has bushed more than 2,000 acres and is spreading rapidly. Campers at a camp ground in napa county have been evacuated and people in the mixed canyon area have been told to leave. Dozens Fire Fighters were on the ground battling flames. In addition to the crews fighting on the ground, theres a dc10 as well as several helicopters and air tankers trying to get the fire out from the air. The fire began around lake bearsias at 2 30 initially reported that it began from a car fire but now the cause sunday investigation. According to the chp highway 128 is still closed right now between rag canyon and monticello dam. Joining us by phone is paul loenthal with the lower district management team. First can, we get a handle on the exact size of the fire. Early in the day 300 acres and then 1,000 and 2000. Whe