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
Yes. Yeah, yeah, yeah. Happy tuesday, everybody. You i love every one of you. Almost too much. All right, lets get started. Dylan mulvaney is trying Dylarom Chfrom Trans Gender Influencer to stand up comic after the budweiserr you fiasco. You got to admit, that takes. I know where this is going. Oing a government sponsor report says the Country Shoul D move quickly to prevent Artificial Intelligence from Making Humanityi from extinct. Y which is why ive created a robot that pokes holes, and after. But stupid. Gut the u. S. State department paints an alarming, a alarming picture of the catastrophic National Security riske pas posed by rapidly evoli a. I. Y evbut one man says, i wouldnu worry too mucht it about it. New Research Found that 74 of teens feel happy when they dont have their smartphones on hand. The other 26 are tied to a Workbench In Beijing and. Work for apple. Yes. Makes you thin applek four astrs return to earth with spacex. Six on tuesday. Two and a half year mission at
preston crown court after falsely claiming she was the victim of an asian grooming gang. eight and a half years. the devastation left by the earthquake in turkey. now uk engineers fly out to help assess why so many buildings collapsed. and the public swimming pool that is being heated by a tiny data in exmouth. coming up on the bbc news channel, a privilege to play him, but that didn t stop him winning. jack draper faces and beats andy murray for the first time in an all british battle at indian wells. good afternoon and welcome to the bbc news at one. the total amount people can accumulate in their pension pots before paying extra tax is expected to be increased in tomorrow s budget. it s thought people could save up to £1.8 million over a lifetime, up from just over a million currently. the change is part of the government s plans to persuade people to stay in work for longer but critics say the move will only benefit a small fraction of the workforce. here s our econ
in decades, jeremy hunt wants get millions of those seen as economically inactive back working. how? i ll have the details. and former england rugby player tom youngs speaks to bbc breakfast for the first time since his wife died from blood cancer lastjune. the loneliness probably the one which really gets you. and which really gets you. and which really -ets you. you think, i will rin- someo but and you think, i will ring someone, but it s and you think, i will ring someone, but it s still and you think, i will ring someone, but it s still not the same as having but it s still not the same as having someone there to talk to. we are having someone there to talk to. are gearing having someone there to talk to. - are gearing up for the opening day of the chelsea festival mac cheltenham festival, the highlight of the british jump cheltenham festival, the highlight of the britishjump racing calendar. it is a cold start to the day, a risk of ice on untreated surfaces, a