The International Energy agency has revealed that lng now makes up 35 of europes energy supplies, not far off the 40 contribution that russia made before it was sanctioned over ukraine. Joining me now is ben mcwilliams, whos an Affiliate Fellow at bruegel. Thank you very much for being with us today. What are your concerns about where gas prices could go if these workers do indeed strike . This is certainly a concern, but to be clear up front, nothing comparable to last year. The position we are in is that, as you mentioned, as russian Pipeline Supplies have been cut over the last 12 months, the eu and uk have become more dependent on liquefied national gas. Natural gas. Australia typically supplies asia. If it were cut to asian consumers, we would see asian consumers turning around and looking to qatar and competing with european buyers there, which would in turn have some Knock On Effect on prices. As it had last week, 40 increase from around 30 to 36 euros just nothing like close to
England decide what to do with Interest Rates. The current uk base rate 5. 25 . But after we found out that wages, on average, are rising at their fastest level now in 20 years, could we see another rise in september. Joining me now is kallum pickering, whos the Senior Economist at berenberg bank. With your predictions, what are you thinking you will see here today . I you thinking you will see here toda . ~ , today . I think we might be surprised today . I think we might be surprised a today . I think we might be surprised a little today . I think we might be surprised a little to today . I think we might be surprised a little to the surprised a little to the upside but it not should not make much of a difference, the Bank Of England expecting 6. 8, markets expecting 6. 7, if it came at 6. 9 i would not be surprised because Petrol Prices rose over the month but it should be a big versus last month because the energy price comes down in the monthjuly. This should be another step down i
Decided that is the way to go. It is interesting because in recent times, with lopetegui, with previous managers, wolves have gone down the continental managerial route. Now, almost for the first time in a decade, they are going to get an english guy in charge and it will be interesting to see how that goes. West ham have agreed a fee of 30 million pounds, thats around 38 million dollars, for both southampton captainjames ward prowse and Manchester United defender harry maguire. The England International had slipped down the Pecking Order at old trafford under erik ten hag who took the captaincy off maguire at the start of preseason. Its not thought agreeing personal terms will be a problem. Manchester united had this man Wout Weghorst on loan last season and once again hes left his club burnley on a temporary deal. The dutch striker has joined hoffenheim on a season long loan. Four time winners river plate have been knocked out of the Copa Libertadores. Beaten on penalties in the last