For a while yet if in the future at all, pointing to an unstable global Food Supply Pressurised by the war in ukraine. Now the price of food in the uk rose by nearly 17. 5 in the year tojune, which was actually a fall from a high of just over 19 in the year to march, following an overall drop in the wholesale price of food which you can see here peaking when russia invaded ukraine last year. It has been trending downwards. But prices are still much higher than before the war and have started creeping up again. Lets discuss this with Kona Haque Head of reserach at commodities house ed and f man holdings. Good to have you on the programme. Do you agree with the Chief Economist at the Bank Of England that actually high food prices are here to stay . I think at least for the sure term we still have got some pressures that will keep prices elevated. The factors globally, the stocks, global stocks of the stocks, global stocks of the grains, the staples such as grains and oils, and sugar, the
Business stories. We start in saudi arabia as the Worlds Biggest Oil Company Aramco is set to announce its latest Half Year Results in the next half an hour or so. Last year, aramco netted record profits of over 160 billion, buoyed by soaring energy prices. But in may this year, they reported that profits dropped by nearly a fifth in the first three months of the year as the gloomy Global Outlook saw oil prices drop. To tackle this, saudi arabia has been cutting production to the tune of1 Million Barrels a day. They started in july and have now extended to september. The oil price has since been creeping up. Live now to our middle east Business Correspondent sameer hashmi. Sameer, nice to see you. 160 billion is so much money made in a year. What are they expected to say in the next half hour . Expected to say in the next half hour . Sally, ithink it is matching half hour . Sally, ithink it is matching up half hour . Sally, ithink it is matching up to half hour . Sally, ithink it is ma
Hour. England ride their luck to reach the womens world cup quarterfinals. But theyll be without laurenjames, whose one match ban could be extended, following her sending off against nigeria. And we have a north south split in the weather today. In the north, largely dry with some sunshine, but wind increasing in the far north east. In the south, turning cloudy and murky with some patchy light rain. All the details later. Its tuesday the 8th of august. Our main story. 15 Asylum Seekers have spent their first night on the governments controversial Accommodation Barge, after a series of delays over safety concerns. Ministers want to move hundreds more onto the Bibby Stockholm in dorset this week, but some have already refused to go, launching legal challenges. All this comes as the home Office Announces a new taskforce to crack down on Rogue Lawyers who may be helping migrants to remain in the uk, underfalse claims. Ellie price reports. The first Asylum Seekers move into their new tempor
Liverpool which has been turned into a massive Entertainment Venue as it prepares to open its doors later this week. A huge day for england at the womens world cup. They play nigeria in the last 16. Lam i am live in brisbane where we was be speaking to england fans ahead of that match. It is the first Knockout Game that match. It is the first Knockout Game at that match. It is the first Knockout Game at the world cup. A disappointing end for england at the Netball World Cup. They say theyre gutted but still grateful, as theyre forced to settle for silver after losing to australia in the final. Good morning. A day of sunshine and scattered good morning. A day of sunshine and scattered showers. Many of us missing scattered showers. Many of us missing their showers altogether. Leter missing their showers altogether. Later the missing their showers altogether. Later the cloud will build in the south west and we will the light and patchy south west and we will the light and patchy rein sout
And the sports biggest prize. And after the wet and windy day for some of us yesterday, some improvements in the weather for today. For many of us they will be some sunny spells, it also a few showers which could be heavy at times. I will have the full forecast throughout the programme. Good morning. Its sunday the 6th of august. Our main story people who were wrongly convicted of crimes will no longer be charged living costs for the time they spent in prison. The Ministry Forjustice is scrapping the rule with immediate effect, following an outcry over the case of a man who spent 17 years injailfora crime he didnt commit. Joe inwood has the details. There are many shocking things about the case of Andy Malkinson. Ajury misled. Dna evidence suppressed. 17 years in prison for a crime he did not commit. But for many, it was the revelation that Andy Malkinson would have to pay back some of his compensation to cover board and lodgings that was most shocking. The very idea of paying, once yo