Change. Clearly it is a popular policy by the public and heading up to the next election it would be a strange decision for the government to row back on anything with public support. Can the government have it both ways, say yes to granting licences for oil and gasp projects but at the same time it commitments to net zero . New licences for the north sea is not a change in Government Policy, we were expecting to see more. The oil and industrys estimates show production will continue to decline in the north sea no matter what the Government Policy is it simply because there is not as much gas and oil as 50 years ago when we started extracting. What is left in the north sea is mostly oil. This is mostly exported, so there is little benefit to our bills from more extraction and in a cost of living crisis bills are a strong priority for the public. It is a strange decision to approve more when it wont help with our bills because they cant move the dial on internationally set prices and it
the country has made some headway on these fronts, but there is still a long way to go. nikhil inamdar, bbc news, mumbai. in other news: better than expected data out of the euro zone this morning has signalled the region returned to growth in the second quarter of this year. the bloc s economy expanded by 0.3%, compared to expectations of 0.2%. and it was better than the zero growth clocked in the first quarter. but the euro zone s biggest economy, germany, registered no growth, and italy suffered a contraction. in a comforting sign for the ecb however, inflation eased slightly. mortgage approvals in the uk rose unexpectedly injune, despite further rises in interest rates. bank of england figures show net mortgage approvals rose to 511,700 from 51,100 in may. analysts had expected the housing market to slow in a month when high inflation figures led the central bank to hike interest rates to 5%
and so we ve built this robotic system to take thousands of close up photos using a liquid lens camera. ok, so here you have crane bot and you can imagine that this robot s really useful if we need to access an area that s very cluttered. so when you drop it down from a crane, you re hanging off cables. so of course you have sway and momentum from everything going around. but you have these two arms and it s a bit like when you re human and using your arms to balance yourself. so the arms can actually stop that swaying motion. in other news. mortgage approvals in the uk rose unexpectedly injune despite further rises in interest rates. bank of england figures show net mortgage approvals rose to 511,700 from 51,100 in may. analysts had expected the housing market to slow in a month when high inflation figures led the central bank to hike interest rates to 5% the highest level in 15 years. hong kong s economy grew by 1.5% in the second quarter year on year,