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Transcripts For BBCNEWS World Business Report 20240707

we start with the soaring cost of living because there s a warning home energy bills here in the uk could rise even higher than previously feared this winter. wholesale gas prices have jumped back to near record highs after a further squeeze on europe s gas supplies by russia. our global trade correspondent dharshini david has the details. this is being claimed as the first truly global energy crisis, the result of moscow weaponising fossil fuels in europe has been the key target. this is the wholesale price paid for gas there. 4a8% higher than a year ago because traditionally it got to 40% of its gas from russia. that latest rise reflects a focus on this, this is nord stream one, the pipeline carrying bird of europe s russian gas supply all the way to germany, that flow has now dropped to just a fifth of normal levels, russia blames that on the impact of sanctions on vital equipment, opponents say it s an attempt to blackmail by turning down those taps. those concerns have a

Transcripts For BBCNEWS BBC News 20240707

the commons work and pensions committee say vulnerable people will be pushed into destitution. and i in victoria square in the centre of birmingham where the city and the region are preparing to host the 2022 commonwealth games. rail passengers are facing huge disruption after thousands of workers walked out in a continuing dispute about pay and working conditions. only about a fifth of britain s train services are running many areas having no services at all today. the red lines here show the routes where some trains are operating but network rail has warned people to travel only if absolutely necessary. many journeys will many journeys manyjourneys will be manyjourneys will be ending manyjourneys will be ending earlier manyjourneys will be ending earlier than they normally work this evening. our correspondent emma simpson has this report. going nowhere. once again, half of the uk s rail network brought to a halt. at manchester piccadilly some trains were leaving with tr

France accuses Unilever and Nestle of refusing to lower prices

Emmanuel Macron’s Government has accused Unilever, Nestle and Pepsico of refusing to pass lower costs on to families as Paris battles to control double-digit food inflation.

Transcripts for BBCNEWS World Business Report 20240604 04:33:00

reach £3850 injanuary, that s even higher than previously feared, it s around double our current levels. now, they may be pledging more help, but there will be limits how much this extra huge staying in new prime listing can take out of its tail. their best hope and ours may be for a mild winter. let s stay with the cost of living because mcdonald s has become the latest global brand to raise prices as it passes surging costs for fuel, wages and raw materials onto the consumer. the drinks giant coca cola says its prices around the world are up around 5% this year. amazon is raising the price of its prime subscription in the uk by £1 a month from september. the kitkat maker nestle, marmite maker unilever and bakery chain greggs have all increased prices this year. food group kraft heinz has also lifted its prices sharply

Transcripts for BBCNEWS BBC News 20240604 13:54:00

mcdonalds is increasing the price of its cheeseburgers in the uk for the first time in 14 years. the company said it would be adding between 10 and 20 pence to a number of its menu items because of high inflation. kitkat maker nestle, marmite maker unilever and bakery chain greggs are among those which have already increased prices this year. vast amounts of planet heating carbon dioxide are created during the manufacture of the items we use in our everyday lives. in fact, the making of these materials creates more greenhouse emissions than all the world s planes, lorries, cars, train and ships put together. the paper industry alone contributes nearly one billion tonnes of carbon emissions globally every year. our energy and environment analyst, roger harrabin, reports. countless millions of trees are felled worldwide to satisfy our demand for paper and cardboard. the process uses lots of heat, much of it created by

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