the chairman of the bbc richard sharp has announced he s resigning after admitting he breached the british government s code for public appointments. the report found that mr sharp failed to properly disclose his involvement in facilitating a loan of £800,000 for the uk s former prime minister borisjohnson. this morning, mr sharp released this statement. the morning, mr sharp released this statement- morning, mr sharp released this statement. , statement. the view is while i did reach the code statement. the view is while i did reach the code for statement. the view is while i did reach the code for public- reach the code for public appointments, he states very clearly that a breach does not necessarily invalidate an appointment. indeed, i ve always maintained the breach was inadvertent and not material, which the facts he lays out substantiate. the secretary of state has consulted with the bbc board, who support that view. nevertheless, i have decided that it is right t
today, the business headlines will be dominated again by the huge profits made by one of the world s top oil companies. this time it s the turn of bp its latest results are out in an hour and a half and it is expected to reveal it s made substantial sums in the last quarter. last week, shell announced it made record annual profits of nearly $40 billion in 2022, double the previous year s total and the highest in its 115 year history. energy firms have seen record earnings since oil and gas prices jumped following the invasion of ukraine. dr carole nakhle is chief executive of crystal energy, a consultancy that provides advice, research and training to the energy sector. thank you for being on the programme. if we look at the numbers to begin with will bp be record numbersjust like be record numbers just like shell? be record numbersjust like shell? i be record numbers “ust like shell? ., ~ , shell? i don t think bp will be an outlier shell? i don t think bp will be a
the sunshine is back today across scotland the sunshine is back today across scotland and northern ireland but england scotland and northern ireland but england and wales, more cloud. and for some, england and wales, more cloud. and for some. it england and wales, more cloud. fific for some, it will england and wales, more cloud. fific for some, it will be england and wales, more cloud. e ic for some, it will be on england and wales, more cloud. el ic for some, it will be on the wet side. it s friday, the 21st of april. our main story. the prime minister is under increasing pressure this morning to make a decision over the future of his deputy, dominic raab. rishi sunak has been accused of dithering by opposition parties, as he considers a report into bullying allegations against mr raab, which he denies. our political correspondent jonathan blake reports. have you always behaved professionally, mr raab?i dominic raab s fate is in the prime minister s hands, as rishi
company s income and earnings both fell by more than 20% in the past quarter compared to the past quarter compared to the same period last year. it is a big number but not totally unexpected because the company been slashing prices of its top selling cars over the past year. more from new york. bringing in 20% less income is well, not good, what has helped the electric car maker is that it warned wall street this was coming. so it didn t come as a complete surprise, given tesla cut prices on its top selling cars several times last year, and in fact did it again this week. tesla is grappling with higher borrowing costs for consumers, slowing demand for their cars and so much more competition in the electric car market. the price cuts did the trick, the company saw a 36% jump trick, the company saw a 36% jump in deliveries, but the price cuts also mean that the profit margins on each car sold have gotten smaller. staying with the car sector because jaguar land rover is investin