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BBCNEWS World Business Report July 7, 2024



will be announced this morning by the energy regulator ofgem. this is the maximum amount companies can charge households for their energy use. the first rise saw prices to nearly £2000 and it could go up to £3000. average bills will hit £4650. let s hear from some people who are already struggling the heat their homes. #it # it takes a worried man to sing a worried song. we don t have the option sing a worried song. we don t have the option to sing a worried song. we don t have the option to turn - sing a worried song. we don t have the option to turn it - sing a worried song. we don t have the option to turn it off. have the option to turn it off or down have the option to turn it off or down or not put the kettle on for or down or not put the kettle on for the or down or not put the kettle on for the carers because my dad on for the carers because my dad is on for the carers because my dad must on for the carers because my dad isjust so on for the care ....

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BBCNEWS World Business Report June 4, 2024 04:51:00

Theirfarms instead. this was might be forced cal animals on their farms instead. this was a predicament they faced last autumn as well before the uk government stepped in to provide some support to cf fertilisers uk to keep those plants going. an interim they have already shut down another plant and now there is this temporary halt, and it is not the only fertiliser plants that are cutting production. for example, plants in norway as well have reduced capacity by 50% and in poland because of soaring gas prices just 50% and in poland because of soaring gas pricesjust simply making the production of ammonia uneconomical. so the nationalfarmers union ammonia uneconomical. so the national farmers union will watch very closely these developments. of course, soaring energy costs are also a big chunk of farmers costa power machinery, for example, to transport goods and added to the fact of this fertiliser problem, gas prices are on the rise again as well of course. ....

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BBCNEWS World Business Report June 4, 2024 04:48:00

The white house is urging russia to demilitarise the zone. the usjustice department is ordered to release a redacted version of the afitdavit that prompted the fbi to search donald trump s mar a lago home. costs for farmers in the uk are at record levels with fertiliser prices sky high before latest supply crunch concerns. and the closure of ammonia production by cf fertilisers is raising fresh worries about rising costs and potential livestock culls. joining me now is susannah streeter, a senior investment and market analyst, hargreaves lansdown. how hargreaves la nsdown. big how hargreaves lansdown. big is the price pressure facing how big is the price pressure facing the industry right now? well, costs for farmers were already on a relentless rise upwards, sowing the seeds for bigger price increases at supermarkets for really hard ....

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BBCNEWS BBC News September 21, 2021 09:13:00

It won t be just a grant, it won t be just a blank cheque, it ll be something where if we do have this facility, if we do have this policy, they will be expected to pay back the loans, whereas in the case of a bailout, that s what it is, it s just a bailout where you grant money, taxpayers money, and the taxpayer doesn t see any return from that. i think the calculation for the government is very different when it comes to them talking about the supply of co2, the co2 shortage, because while multiple energy companies are operating in the uk market there are essentially two big fertiliser plants which produce 60% of the co2 used in all sorts of food production, so what is the government saying on that? fix, production, so what is the government saying on that? a very different calculation government saying on that? a very different calculation which - government saying on that? a very different calculation which has - government saying on that? a very| different calculation which ha ....

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