economic crisis? plus, when working from home is just too expensive could soaring energy bills drive a mass return to the office for the first time since the pandemic? hello. we start with the cost of living crisis here in britain because the boss of one of the uk s top energy suppliers has told the bbc the government must act now to protect customers from soaring bills or face catastrophe this winter. ovo energy ceo stephen fitzpatrick has been talking to our business editor simonjack about their own ideas for supporting households. he said it felt like the past 12 months had been wasted despite the scale of the crisis becoming increasingly apparent. and he called on the uk s new prime minister to take action as soon as they are appointed next week. if we don t start working on this first thing on monday when we have a new government, a new prime minister this has to be the first order of business. and if we don t use every available moment over the next 12 weeks
in county tyrone, northern ireland. scotland s first minister nicola sturgeon is to meet union leaders in a bid to end the council workers strike crisis tributes pour in for bbc breakfast presenter and journalist bill turnbull, who s died at the age of 66. merseyside police have revealed that two guns were used in the shooting that killed nine year old olivia pratt korbel. olivia was shot in her home last week as her mother tried to stop a gunman entering their house. detectives have now released cctv of the gunman running from the scene. a 35 year old man who was the target of the attack, and was on parole, is still being treated in hospital and will be sent back to prison when he s discharged. detective chief superintendent mark kameen gave an update about the investigation at a news conference. i m going to show you some footage in a moment of a man that murdered olivia. i m doing this because people may recognise what he s wearing. it may also help people remember seeing
consume energy. thank you so much for your consume energy. thank you so much for your time. to the us now where the owner of social media app snapchat has announced it s cutting a fifth of its workforce or around 1,200 jobs. like many of its tech rivals, snap has been suffering from a slowdown in the advertising market as companies cut back on spending. a year ago, snap was worth $130 billion. today it s valued at less than 20 billion. from new york, our business correspondent samira hussain reports. since the beginning of the year, shares in snap have plummeted more than 75%. like so many other companies, snap is grappling with some tough economic conditions, as high inflation persists and the cost of borrowing will go even higher. their ad revenues have taken a big hit, and that s why the company has decided to cut about 1,200 staff, which should save it about $500 million annually. now, it s not the only cost cutting measure snap is embarking on.
the beginning from new york, sameer hussein. since the beginning of from new york, sameer hussein. since the beginning of the from new york, sameer hussein. 5 “ice: the beginning of the year, snaps and plummeted more than 75%, like so many other countries, it s grappling with some tough economic conditions as high inflation persists and the cost of borrowing will go even higher. oradd cost of borrowing will go even higher. or add revenues have taken a big hit and that s why the company has decided to cut around 1200 staff, which should save it about $500 million annually. now it s not the only cost cutting measure snap is embarking on. it s cancelling original shows, is embarking on. it s cancelling originalshows, inapt is embarking on. it s cancelling original shows, inapt games and other projects. in a company memo, the c0 other projects. in a company memo, the co said it would focus on three areas community group, augmented reality. leading the way is the tech sector, in