this counter move in thejune rate this counter move in thejune rate this year but should be a one off effect. injuly we this year but should be a one off effect. in july we expect this year but should be a one off effect. injuly we expect german inflation to fall again and so that should not worry the ecb too much. let s watch this space. salomon fiedler a real pleasure, have a lovely weekend, thanks for joining me. lovely weekend, thanks for “oining me. , ., lovely weekend, thanks for “oining me. , ., , here in the uk, the boss of british gas owner centrica has warned the uk risks being complacent about the resilience of energy supplies. his comments came as centrica announced it was pumping more gas into its formerly mothballed energy storage facility off the coast of yorkshire. the bbc s business editor simonjack asked mr 0 shea if he thought the energy crisis was over. no. i think the first act of the crisis is over. and i think what we ve got to remember is that energy price
around this but may be something to ground us. . yes, rememberfrom tonight the price per unit that energy providers are allowed to charge falls so that an average household would pay just over £2,000 a year that s quite a substantial saving on where things have been. but the boss of british gas owner centrica has told the bbc they re unlikely to fall further because of the way the international market is looking. very, very difficult to tell because it s all driven by global energy prices. and at the moment, the way the market s looking is it should come down to about £2,000 and then stay roughly there. there s no indication it s going to come below £2,000 over the next nine months or so we would expect it to stay at that level but, as i said, when we had the issue in russia last week, prices rose by 20%. some of that will feed into energy bills going forward. so we don t know where prices will go. his prediction there is broadly in line with what other analysts are saying t
the econom ? ~ , ., the economy? when there is turmoil, the economy? when there is turmoil, the one thing the economy? when there is turmoil, the one thing all the economy? when there is turmoil, the one thing all people the economy? when there is turmoil, the one thing all people can - the economy? when there is turmoil, the one thing all people can agree - the one thing all people can agree is it causes economic turmoil and uncertainty. that has meant it has affected investors and the ability to negotiate on these deals to provide stability for creditors to give money to pakistan. it has a been a big impact. you give money to pakistan. it has a been a big impact. give money to pakistan. it has a been a big impact. you take care, have a lovely been a big impact. you take care, have a lovely weekend. here in the uk, the boss of british gas owner centrica has warned the uk risks being complacent about the resilience of energy supplies. his comments came as centrica announced i
requires more capacity to be more robust. the boss of centrica there. the maker of the pokemon go video game, niantic, says it will cut a quarter of its workforce and close its studio in los angeles. the news comes as the gaming industry faces a slowdown in demand after downloads surged during the pandemic. let s get more on this from our north america business correspondent samira hussain. hgppy happy friday, lovely to see you! and looking at the numbers, here s a company that was raking in a billion bucks a year off of the back of pokemon go since its release in 2016, yet still not enough to save these jobs. 2016, yet still not enough to save these jobs- 2016, yet still not enough to save these “obs. , . ~ , these “obs. yes, and i think there s a lot these jobs. yes, and i think there s a lot of factors these jobs. yes, and i think there s a lot of factors at these jobs. yes, and i think there s a lot of factors at play these jobs. yes, and i think there s a lot of facto
in around half an hour the oil giant bp is expected to announce more big profits. ben s looking at this for us this morning. and the kind of numbers we should be paying close attention to. yes, and we are expecting more big numbers. it generates a lot of interest and strong feelings. let me explain what we are expecting. yes, energy firms like bp and shell made massive amounts of cash last year, as the cost of heating our homes and fuelling our cars soared. £23 billion a record profit for bp in 2022, and double what it made the year before. it was the same story right across the energy industry. shell made more than £32 billion the highest in its 115 year history. british gas owner centrica tripled its profits to more than three billion. why? well, energy prices had begun to climb after the end of covid lockdowns, but rose even more sharply after the invasion of ukraine.