it's europe wide — but there are serious concerns about the widespread impact it could have? yes, when you're trying to raise living standards it is about getting wages rising faster than prices and as the minister was speaking markets were conjuring up an iceberg for him in terms of the wholesale gas prices. i am going to show a chart which is the price is big energy companies pay for the gas that they sell on to you and you can see it going up and away and 2.72 pair firm, typically it is 50p or 60p, ip is seen to be a crisis, it fell back a bit of vladimir putin trying to soothe the market. what does this mean in practice? for now, because of the energy price cap until april consumers will be protected from that extraordinary rise in the wholesale market even though the prices have gone up this month but