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good to see you. how dire could the situation be? ., ~ ., situation be? bad. at the moment the rice situation be? bad. at the moment the price doesn t situation be? bad. at the moment the price doesn t apply situation be? bad. at the moment the price doesn t apply to situation be? bad. at the moment the price doesn t apply to businesses. - price doesn t apply to businesses. so why households are seeing huge pressures businesses are seeing huge increases in energy bills. the music venue trust is estimated that the average increase has been 360%. that s just the average increase. some are seeing increases of up to 140%. to put that into actual numbers normally at music venues will be having bills without £1245 a month, it s now up to £5,200. there are venues across the country, the studios who are seeing huge costs and pressures. these are the sorts of increases you can t find somewhere, you can t cut something here or there. there is lots of looking in the mirror thinking how
parts of asia where they re seeing an uptick in covid cases. a lot to continue to watch in the days ahead. cases up in china and across europe. speaking of interest rates, the bank of england following the united states lead in hiking it for a third consecutive meeting. should we expect inflation which is a problem there, too, to cool down in the coming months? it certainly is a problem here and the reality is that it may get worse before it gets better. that was the message from the bank of england yesterday. including yesterday s rate rise, interest rates in the uk are now at their highest level since march 2020. the bank warned that inflation may reach 8% and possibly even higher in the coming months and the situation in ukraine is exacerbating an already precarious price situation. the central bank s policy setting committee said more interest rate rises might be appropriate in the coming months but they do expect inflation to,
energy types getting anxious about it. phil flynn is following it closely and what we could be in 4. no sooner did we get a report like we just did out of lviv than the markets would rocket up because that is seemingly setting the price situation right now. i think right now because global inventory is going into this war, the tightest they ve been in a generation were more sensitive to these headlines. a headline like this is a terrible headline that impacts everyone at home, your gasoline prices, your heating bills and food prices as well because instability and that region, major grain producer will cause prices to go higher. neil: jeff paul is in lviv.
if they see future supplies that comes on, they will react accordingly. if they don t, then all of a sudden, well, we have the price situation we have right now. stay with us. if you have type 2 diabetes or high blood pressure you re a target for chronic kidney disease. you can already have it and not know it. if you have chronic kidney disease your kidney health could depend on what you do today. far-xi-ga farxiga is a pill that works in the kidneys to help slow the progression of chronic kidney disease. farxiga can cause serious side effects including dehydration, urinary tract or genital yeast infections in women and men, and low blood sugar. ketoacidosis is a serious side effect that may lead to death. a rare, life-threatening bacterial infection in the skin of the perineum could occur. stop taking farxiga and call your doctor right away if you have symptoms of this bacterial infection, an allergic reaction, or ketoacidosis. and don t take it if you are on dialysis.