Rising living costs have led to people in the UK re-examining every inch of their spending, and it’s natural that review may include pension contributions.
would be shut off or boycotted, and that sent the international bidding warfor prices, which means they have made more money than they ever had in their 115 year history. as to what they are going to do with it, they will have a lot of money given to their shareholders, £4.5 billion this quarter, four point billion pounds the next. that includes, by the way, millions are pension savers. they are also pledging to invest between them, bp and shell, over £40 billion in oil infrastructure over the next ten years. people will be looking closely to see if they fulfil those commitments. ukraine s army says russia is trying to destroy the last group of soldiers trapped in the azovstal steelworks plant in mariupol. for the latest, we can join my colleague ben brown in kyiv. yes, it looks like this could be the endgame at the azovstal steelworks in mariupol, where about 2000 ukrainian troops a making a desperate last stand
companies like shell, as bp did earlier this week, have made bumper profits. we saw oil, crude oil prices, already high at the end of last year, gas prices already high at the end of last year, as the world economy emerged from a covid related coma, if you like, were amplified by the russian invasion of ukraine, people worried that supplies from the world s second biggest oil exporter, the world s biggest gas exporter would be either shut off or boycotted, sent this international bidding war for prices, which means that they have made more money than they ever have in their 115 year history. as for what they are going to do with it, they are going to give a lot of money for their shareholders £4.5 billion this quarter, £4.5 billion the next which includes, by the way, millions of pension savers. they are also pledging to invest between them, bp and shell, over £40 billion in energy infrastructure over the next 7 10 years and that will be, you know, people will be watching very c
last year, gas prices already high at the end of last year, as the world economy emerged from a covid related coma, if you like, were amplified by the russian invasion of ukraine, people worried that supplies from the world s second biggest oil exporter, the world s biggest gas exporter would be either shut off or boycotted, sent this international bidding war for prices, which means that they have made more money than they ever have in their 115 year history. as for what they are going to do with it, they are going to give a lot of money to their shareholders £4.5 billion this quarter, £4.5 billion the next which includes, by the way, millions of pension savers. they are also pledging to invest between them, bp and shell, over £40 billion in energy infrastructure over the next 7 10 years and that will be, you know, people will be watching very closely to make sure they fulfil those commitments. that his simon jack, that his simonjack, our business
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