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Transcripts for BBCNEWS BBC News at One 20211223 13:13:00

and some eye watering figures being warned about, theo? warned about, theo? absolutely but this is the problem warned about, theo? absolutely but this is the problem at warned about, theo? absolutely but this is the problem at the warned about, theo? absolutely but this is the problem at the moment. l this is the problem at the moment. the wholesale price of gas which is the market that suppliers buy their energy on, has been going up very rapidly over the last three weeks in particular. in fact it s almost double what it was in early november. and also gas is used to generate electricity. there s lots of reasons for this, cold weather is one of them, reduction in supply from russia where europe gets a lot of its gas from is another, a lack of its gas from is another, a lack of storage in europe is another. the prices suppliers are paying has gone up prices suppliers are paying has gone up remarkably, but the price that can be passed onto consumers is capped by ofgem. there is a

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