transatlantic airlines are breathing a sigh of relief following the news the us is easing its coronavirus travel restrictions, re—opening to passengers from the uk, eu and other nations around the world. from novemberforeign travellers will be allowed to fly into the us if they are fully vaccinated, and undergo testing and contact tracing. in the hours that followed the announcement british airways holidays saw an increase of nearly 700 percent in searches for holidays to key us destinations. virgin atlantic reported a 91% increase in us bookings in the hour following the announcement. the transatlantic routes are worth an estimated $9 billion in revenues to us and uk carriers, shares in iag, the owner of british airways, air—france klm, american airlines and other carriers soared on the news. michelle fleury has more from new york. passengers who are fully vaccinated will now be able to fly into the united states from anywhere in the world from november. this brings to an end a series of travel bands first imposed by donald trump 18 months ago. the white house said today travellers will likely have to show proof of having been fully vaccinated and will need to take a test three days prior to travel and will have to wear a mask for the journey as well as share details the contact tracing, but they will not need to quarantine. the us health regulator has not yet approved the astrazeneca vaccine used by many in the uk and europe but officials sounded optimistic. there was no word on recognition of other vaccines like those from russia and china. details have yet to be worked out, but it is good news forfamilies, and even greater news for business, and an absolute boom for the travel industry. the transit atlantic routes are some of the most lucrative there are and in recent months passenger numbers were down 85% on where they were down 85% on where they were before the pandemic, so unsurprisingly, the announcement, they have been universally welcomed. joining me now is fiona cincotta from city index. we mentioned airline stocks soaring, no surprise about that, but to give you some context, thousands and thousands ofjobs rely on these transatlantic routes, don't they? transatlantic routes, don't the ? ., v they? that's right, the benefits _ they? that's right, the benefits that - they? that's right, the benefits that we - they? that's right, the benefits that we will . they? that's right, the i benefits that we will see they? that's right, the - benefits that we will see here both direct and indirect, as you mentioned, direct impact on the airlines, revenue increasing, extremely profitable routes, and makes up about a third of their income for virgin atlantic, 70% of levels pre— pandemic so these really were at risk, but there is also the indirect impact benefit from people travelling into this country, tourists being able to come as well, being able to come as well, being able to travel freely to go over there, that does bring a lot of indirect benefit, the jobs, as well going to be extremely supported by such a move, so as you said, really a good move all around, notjust for the airline industry but for the airline industry but for the airline industry but for the broader economy as well. ~ , ., ~' for the broader economy as well. ~ , ., ~ ., well. when you think about cities that _ well. when you think about cities that rely _ well. when you think about cities that rely so _ well. when you think about cities that rely so much - well. when you think about cities that rely so much on| cities that rely so much on foreign travellers like new york, for example broadway is just recently reopening, but london, paris, all of these cities that where american visitors are so key.- visitors are so key. that's exactly — visitors are so key. that's exactly correct, _ visitors are so key. that's exactly correct, and - visitors are so key. that's| exactly correct, and that's what we really are looking to see as well, that bleed across through the economy that can come from people travelling, people spending again and really interconnecting those cities again, and that's really important for our global economy. we have seen over the last 18 months that the economic growth has really been hurt, and that's part of the reason we have had the decline in people spending abroad, decline in spending on the back of tourism, so definitely a move on the right direction, and it will take some time for the passenger levels to ramp up, but now that that route is open we will no longer be cut off from the us.— off from the us. good to talk to ou, off from the us. good to talk to you. thank _ off from the us. good to talk to you, thank you _ off from the us. good to talk to you, thank you so - off from the us. good to talk to you, thank you so much i to you, thank you so much indeed for your information, just a remind our viewers, the devil is in the detail, and it does depend on the vaccines, what the story is with teenagers who have not been vaccinated, et cetera, there is a lot there still to work out a. here in the uk the business secretary is trying to calm fears of an energy crisis this winter insisting talk of the lights going out and supply emergencies is alarmist. here is what kwasi kwarteng had to say in parliament. we have sufficient capacity, and more than sufficient capacity to meet demand, and we do not expect supply emergencies to occur this winter. there is absolutely no question mr speaker of the lights going out, of people being unable to heat their home. the business secretary held crisis talks with industry bosses including centrica and e—on on monday as the government considers offering emergency state—backed loans amid fears for struggling energy companies and soaring bills for customers. high demand for gas and reduced supply are behind a surge in wholesale prices. five energy companies have collapsed in recent weeks and more are expected within days. joining me now is bill bullen, chief executive of utilita energy which is a specialist pay as you go smart energy supplier in the uk. welcome to the programme. how concerned are you for your business? how are you writing this wave of high gas prices? we forward hedge our position, buying and energy for this coming winterfor the buying and energy for this coming winter for the next 12 months for some time back now, so we are fully hedged for our existing customer base, however one of the things we have done is stop taking on new customers because we clearly cannot supply those customers at the price, because of the high cost of buying energy from the wholesale market.- of buying energy from the wholesale market. what about our wholesale market. what about your peers. — wholesale market. what about your peers. your _ wholesale market. what about your peers, your competitors? what are you hearing? the reality is — what are you hearing? the reality is when _ what are you hearing? the reality is when you - what are you hearing? tue: reality is when you put what are you hearing? tte: reality is when you put in industry in some form of stress, it will expose some flaws, and clearly what we are seeing is some floors in the way that some people run their businesses, i am way that some people run their businesses, iam not way that some people run their businesses, i am not privy to all of the details of my competitors, but clearly some of them have maybe not run the business in a sufficiently prudent or sustainable manner, but what i would also say is that this current crisis is also exposing floors in government policy. t also exposing floors in government policy. also exposing floors in rovernment oli . ., government policy. i was about to ask you _ government policy. i was about to ask you about _ government policy. i was about to ask you about that _ to ask you about that government policy, i.e. the cap on what you are allowed to charge your customers. the reality is — charge your customers. the reality is that _ charge your customers. the reality is that the, - charge your customers. the reality is that the, the - reality is that the, the government has been asking to supply to their customers that is below there supplied now. clearly, this cannot go on. what everybody needs to understand is your bill is made up understand is your bill is made up of primarily two factors, what is the quantity of energy and its price, and if we ever needed to control prices, that is right now. will be can control, the quantitative energy that we can control, all users can reduce their energy consumption, at either no cost either through behavioural change, or small cost, and the critical thing is we need to get on with that agenda of putting that energy efficiency right front and centre of government policy because we need to tackle climate change, we need to tackle tackle poverty and energy security, currently demonstrated to us and all of those factors can be addressed by reducing the amount of energy we use, so thatis amount of energy we use, so that is what we would like to see, front and centre.- see, front and centre. bill, thank you _ see, front and centre. bill, thank you for _ see, front and centre. bill, thank you for being - see, front and centre. bill, thank you for being on - see, front and centre. bill, thank you for being on the | thank you for being on the programme. the chief executive of an energy company. just to say that there is huge amounts of information for you on our website with regards to that story if you are watching in the uk, you are concerned about the uk, you are concerned about the company that provides your energy, do take a look, all the information you need is there. children under the age of 1a in china will have the use of the information app limited to a0 minutes a day. is the original development of tiktok, another development of tiktok, another development of tiktok, another development of the crackdown of the tech sector in china, the management of children and the use of these types of social media engagements. it would seem if you are a young person in china, yourtime seem if you are a young person in china, your time and what you do is being limited by the government?— you do is being limited by the government? that's right. the government — government? that's right. the government really _ government? that's right. the government really says - government? that's right. the government really says this i government? that's right. the government really says this is| government really says this is about productivity and trying to stop addiction of young people who spend a lot of time on the screens, but that's right, they are finding that each avenue they may have previously enjoyed is certainly being crackdown on, so it is basically tiktok in china but the difference is that they have different censorship servers. a0 minutes each day and they are allowed to use this between 6am and 10pm, none of that light need — late—night scrolling, and the need to authenticate themselves with their real names. bytedance, their real names. bytedance, the parent company of both of these platforms, this will be used as night mode. as part of youth mode there are things that are also being introduced, new educational content, history exhibitions as well as history exhibitions as well as history explain is and this all comes after years of urging, about three years of emerging from particular parts of the chinese government, the cyberspace administration of china, and as part of this tech crackdown we have been seeing, it was very interesting, three hours only each week and we also saw mobile phones being banned back in february in school, so lots of different changes coming, all about increasing productivity, and this addiction to technology is a spiritual opium in china they are looking to correct. t’m are looking to correct. i'm t in: are looking to correct. i'm trying to _ are looking to correct. i'm trying to correct _ are looking to correct. i'm trying to correct it - are looking to correct. i'm trying to correct it in - are looking to correct. i'm trying to correct it in my home but if i swap tiktok for history explain is, there might be a revolution in my home. thank you, good to talk to you. let's get some of the day's other news. china evergrande group is confident the company will "walk out of its darkest moment" and deliver property projects as pledged, its chairman said in a letter to staff reported by local media on tuesday. in the letter hui ka yuan, chairman of the debt—laden property developer, also said evergrande will fulfil responsibilities to property buyers, investors, partners and financial institutions. pimlico plumbers has been sold to us home services group neighbourly. the deal will see founder charlie mullins offload his 90% stake in the group. the london—based firm currently makes nearly $70 million in revenue a year, and employs more than a00 workers. stay with us on bbc news, still to come: the crypto currency boost for fantasy football — we talk you through the latest trend. benjohnson, the fastest man on earth, is flying home to canada in disgrace. all athletes should be clean going into the game. i'm just happy that justice is served. it is a simple fact that this morning these people were in their homes, tonight those homes have been burned down by serbian soldiers and police. all the taliban positions along here have been strengthened, presumably in case the americans invade. it's no use having a secret service which cannot preserve its own secrets against the world. and so, the british government has no option but to continue this action even after any adverse judgment in australia. concorde had crossed the atlantic faster than any plane ever before, breaking the record by six minutes. this is bbc news — the latest headlines: projections in canada suggest that prime minister justin trudeau's liberal party will form the next government after the country's second general election in two years. after more than 18 months — the united states announces an easing of its covid travel restrictions. more now on the energy crisis and the impact of rising gas prices, because it is notjust the uk that is suffering. natural gas prices have been hitting record levels across europe, asia and the us, and energy consumers worldwide are hoping for mild temperatures this winter to get them through and with a shortage of gas, coal and renewables, some are warning there is the potential threat of widespread blackouts that would force shutdowns of factories and businesses in some cases. the wholesale price of gas has gone up by some 250%, since january. let's discuss this with the founder of king, joining us from dallas, texas. welcome to the programme. just to give viewers in the uk some �*s perspective on this, talk as to the global picture. t on this, talk as to the global icture. , ., ., picture. i will tell you, what is happening _ picture. i will tell you, what is happening is _ picture. i will tell you, what is happening is we - picture. i will tell you, what is happening is we are - picture. i will tell you, what. is happening is we are having a worldwide demand for gas, the demand is going up the supplier is not there, before the pandemic when prices went way down, capital pulled out of the markets, and is not likely go out and drill wells and souls are problems, it takes a long time for this to catch up, if you will, from capital to plans, to getting the wells in the pipelines, and so forth, so when russia and the united before the pandemic, they flooded our market, and the united states with oil because they wanted to put the texas companies out of business, for us to quit drilling in the united states and in the pandemic happened, and that just fuelled our demand, so we were oversupplied big time, and everybody started pulling out of the drilling because of the economics, how might you get back to the oil and so forth, so we went from 250, i mean 75%, the challenge is we are still, we are at 50% of rigs running right now and capital hasjust dried up, there is no money coming back into the market, and we don't even have the oil and gas supplies right now to meet our wells that are depleting in production every day, much less all the new demand coming back right now, so we, our supply problem is a challenge for here and also everywhere else in the world. also, doesn't highlight that we have been pushing hard, certainly in the uk other countries across the world, renewable energy and getting energy from wind turbines, renewable sources, and actually a part of the problem we are experiencing is it's not been that windy, and therefore we have not had that supply either at this time of crisis? in my mind it isjust political. people are saying let's go greener. ioac we're going to go greener because we are always going need oil. —— i always say. are always going need oil. -- i always say-— always say. sorry to interrupt ou. always say. sorry to interrupt you- you _ always say. sorry to interrupt you- you say _ always say. sorry to interrupt you. you say it _ always say. sorry to interrupt you. you say it is _ always say. sorry to interrupt you. you say it isjust - you. you say it is just political but those gathering in new york today in the un, the conversation will be about the conversation will be about the climate crisis and it is a very real crisis. it is not just about politics, we do have to change the energy sources we use in time. in to change the energy sources we use in time-— use in time. in time, yes. but what is happening _ use in time. in time, yes. but what is happening is, - use in time. in time, yes. but what is happening is, and - use in time. in time, yes. but what is happening is, and i i use in time. in time, yes. but| what is happening is, and i say political because when president biden came into office, he signed off on to anything that trump wanted. no pipelines, no permits because he wanted to go green and i believe in the future, 10—20 years from now, we will go greener but he is wanting to do it fast and when you are doing it fast and when you are doing it fast and you are spending money on renewables or the kilowatt hours, that will not get you there. that won't give us what we need to survive. we are going to need and we will have it... are going to need and we will have it- - -_ are going to need and we will have it- - -— have it... interesting to get our have it... interesting to get your perspective. _ have it... interesting to get your perspective. thank - have it... interesting to get| your perspective. thank you have it... interesting to get - your perspective. thank you for joining us. now, let's talk about fantasy sports leagues. fantasy sports leagues started in the us, back in 1962, where anyone could become the manager of their dream team and play in leagues against other players. now in a digital world with crypto currency, fantasy sports leagues have become big business. players trade and play with the digital cards or nft�*s, which generates a new revenue stream for the clubs and the buyers themselves can also make money by trading the digital assets. joining me now is nicolas julia, co—founder & ceo, sorare. this is a company that enables all of this. explain how this works. for me the challenge will be picking a good football team never mind getting my head around the new cryptocurrency digital side of things. links digital side of things. inks for having _ digital side of things. inks for having me. _ digital side of things. inks for having me. no, - digital side of things. inks for having me. no, to - digital side of things. inks for having me. no, to put| digital side of things. t�*tags for having me. no, to put it very simply, it is a fantasy football game. where you can play with nft �*s that represent football players. you will compose your team with nft �*s, players that you love, and use them to play a fantasy football game. 50 them to play a fantasy football came. ., them to play a fantasy football tame. ., , them to play a fantasy football ame, ., , , them to play a fantasy football came. ., , , ., game. so that is basically how it works. game. so that is basically how it works- is — game. so that is basically how it works. is this _ game. so that is basically how it works. is this big _ game. so that is basically how it works. is this big is - game. so that is basically how it works. is this big is as - game. so that is basically how it works. is this big is as as i it works. is this big is as as we are told? in it works. is this big is as as we are told?— we are told? in terms of investors. _ we are told? in terms of investors, you _ we are told? in terms of investors, you mean? i we are told? in terms of - investors, you mean? (audio breaks up)- _ investors, you mean? (audio breaks up). talk _ investors, you mean? (audio breaks up). talk us - investors, you mean? (audio breaks up). talk us through | investors, you mean? (audio i breaks up). talk us through the implications. breaks up). talk us through the implications-— implications. definitely. we had a great _ implications. definitely. we had a great momentum - implications. definitely. we| had a great momentum with football leagues. today it is more than 180 clubs involved. they do see a great opportunity to generate but also to new audiences. we also have great momentum for the community, the fans, for i think a very simple reason. they want to own a game. they want to play the game. they want to play the game way they can truly own it and if they want to move it, they can. if they want to use it across the seasons, they can also so we are really bringing fans. they want and they need in the gaming space. in fans. they want and they need in the gaming space.— in the gaming space. in terms of who are — in the gaming space. in terms of who are buying _ in the gaming space. in terms of who are buying these - in the gaming space. in terms of who are buying these cardsj of who are buying these cards because some of them are actually going for vast sums of money. what makes these cards so valuable and who is in it to win it? , ~ . so valuable and who is in it to win it? , ,, ., ., win it? yes. i think that one ofthe win it? yes. i think that one of the very _ win it? yes. i think that one of the very cool— win it? yes. i think that one of the very cool properties | win it? yes. i think that one | of the very cool properties of nft �*s is digital... the fact we can certify the number of digital player cards and so this is one thing that makes them valuable. i think the 71 is the usage value. i used to collect in the physical space just for the sake of collecting but now we have a way to engage to play them in the fantasy game so that brings a lot of value as well to them. quickly, how face -- — value as well to them. quickly, how face -- how _ value as well to them. quickly, how face -- how safe _ value as well to them. quickly, how face -- how safe is - value as well to them. quickly, how face -- how safe is it - how face —— how safe is it because there are a lot of scams associated?- because there are a lot of scams associated? any radical innovation. — scams associated? any radical innovation, and _ scams associated? any radical innovation, and i _ scams associated? any radical innovation, and i think- scams associated? any radical innovation, and i think nft . scams associated? any radical innovation, and i think nft 's| innovation, and i think nft �*s will be as radical as mobile or the web, and there is a lot of hype and a lot of engagement and some projects won't last for the long run and so fans need to have a look at the companies and the project that had strong backing, have strong momentum from the leagues and have all of this credibility and so choose wisely if they want to spend money off —— on the nft �*s. want to spend money off -- on the nft "s— the nft 's. fascinating thank ou for the nft 's. fascinating thank you for being _ the nft 's. fascinating thank you for being on _ the nft 's. fascinating thank you for being on the - the nft 's. fascinating thank - you for being on the programme. we appreciate it. before we wrap up the business news, i want to show you financial markets. wall street saw quite serious losses monday and that is being felt today by japan. japan was closed monday for a public holiday but you can see japan down almost 2%. the hang seng down by one third but yesterday hong kong lost quite a bit of ground and this is all to do with the ever grand property company that is laden with debt currently in china. it is really causing ripples. you can see the american markets and how they ended the day on monday. now let's take you live to montreal and the liberal party's election night headquarters. they are all gathered there. we are expecting justin trudeau to address the crowd fairly soon. we're hoping to go live to that he does. of course he has not got the majority government he was seeking when he called a snap election two years earlier than expected and so many are questioning his thinking on calling for a snap election at this time in the midst of a global pandemic among many are wondering whether it was worth the money and the energy. that was a lot of the criticism that was a lot of the criticism that was coming his way during the election campaign. however, he is still in government but it is still in government but it is not the majority he was seeking. thank you so much for your company, have a good day and we will see you soon. hello there. for central and southern parts of the uk this week, it's not going to be looking that bad at all. with high pressure always nearby, it'll be dry, quite warm with plenty of sunshine. but we'll start to see some changes from wednesday onwards across the north of the uk, more especially for scotland, where it will turn windier with some rain at times and it will feel cooler. so, a bit more of an autumnal feel there. high pressure, though, dominates the scene into tuesday, many places starting dry. there will be some mist and fog around, some dense patches across east anglia and the southeast which will tend to dissipate through the day. bit of mist and fog to start the day for scotland and northern ireland, and then it'll turn cloudier and windier for western scotland, perhaps western northern ireland, with some light and patchy rain here. but eastern scotland, eastern northern ireland, most of england and wales, fine and dry with some sunshine. and again, feeling quite warm, temperatures into the low 20s celsius. into tuesday night, it starts to turn cloudier, windier and wetter across the northwest of the uk. further south, closer to high pressure, winds will be lighter, there will be some clear spells again, one or two chilly spots, but a bit milder further north and west. this is where we start to see the changes, then, around the middle part of the week. indeed, it's on cue during the autumn equinox, with some rain and strong winds pushing in to scotland, northern and western areas, and then this band of rain will move southwards into northern ireland, southern scotland later in the day. behind it, sunshine, blustery showers, gales here. to the south of this rain band, though, for the majority of england and wales, another fine day to come. and quite warm, top temperatures of 22 or 23 degrees. as we move into thursday, another area of low pressure skirts the north of the uk. that'll bring another swathe of wet and windy weather across scotland, maybe some gales later in the day. a bit more cloud further south, but again, for much of england and wales, the midlands southwards, it'll be dry with some lengthy spells of sunshine, top temperatures 20 or 21 degrees. but cooler in the north, ten to 16 degrees here — particularly chilly when you factor in the wind. through friday and then into the weekend, we start to see the winds change direction. low pressure develops to the west of the uk. that draws up some mild south—westerly winds across the uk, but we'll start to see some wet weather pushing into western areas as we reach part two of the weekend. but again, across the south, it could stay dry with plenty of sunshine. good morning, welcome to breakfast with sally nugent and dan walker. 0ur headlines today. a difficult winter ahead with soaring energy prices — but the government insists a price cap must remain in place to protect consumers. we are going to have to heat the house because we cannot be cold. so we are going to have to basically cut back on food. the prime minister meets the president — climate change, afghanistan and a us trade deal are all up for discussion. the most wanted ticket in town — tom parker reunites with his band mates for a charity concert to help fellow brain cancer patients. england's cricketers won't play in pakistan next month.

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