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Levels isnt yet hitting home. The energy bills should be coming down by now. Not from what ive seen. They keep putting the standard charge for electricity up and gas. But it doesnt feel like. The cost to go out for the day and eating and drink seems to be going up as well. Sometimes ijust dont even, like, pay for my wi fi because i cant, so we have to go without. Everything isjustl going up, isnt it . Everything. And you dont think that thats starting to calm down or stabilise . Anything you can see in your own bills . Maybe our gas and electric is i slightly better than it was or not as bad as it was getting, but apart from that, no, not really. The latest figures show food costs and prices in cafes and restaurants helping Drive Inflation down to 3. 1i last month the lowest level for two and a half years, well down on its 11 peak. From here, the Headline Rate of inflation is ....
The British Government has given Energy Companies the green light to develop one of the largest untapped Oil And Gas Fields in uk waters. Rosebank lies in the north sea, about 80 miles west of shetland. Experts say it contains up to 350 Million Barrels of oil. Production could start in 2026, with extraction continuing until at least 2030. Its thought that around 69,000 barrels of oil could be produced every day. That would equate to about 8 of the uks total output. And there would also be natural gas, with about 44 million cubic feet produced per day during the projects lifetime. The Energy SecretaryClare Coutinho said. But there has already ....
Im Caroline Hyde. As we were just saying, we are getting breaking numbers from allianz. Just to run you through some of the numbers, the outlook is confirmed on the upper end of the range. This is the number one european insurer, confirmed its fouryear forecast. Of 2e getting net income billion euros, ahead of analyst estimates. The operating profit came in at 2. 84 billion. We are looking at property and Casualty Insurance at 11. 8 billion euros. We will get much more on these breaking numbers with hans nichols. It looks as though the insurance side of things, hans, is missing a combined ratio, that we are seeing better than expected numbers from a revenue perspective. Hans yeah. This that income is a big beat. It is coming in north of 2 billion euros. On that front it is a big beat. When you look at whats happening in insurance, there havent been many natural asasters, s ....
Welcome to the polls. Life from bloomberg headquarters here in london. It is jobs day in the u. S. Forstors will be searching meaning in the numbers ahead of the september Federal Reserve meeting. It may not be super thursday, but the u. S. Has key Economic Data on friday. The next to last jobs report before the Federal Reserves meets in september. The economist we raised we theeyed, predicts with unappointed rate Holding Steady at 5. 3 . As long as job growth and maintenance trend, with an average growth of 200,000, economists inc. The Federal Reserve will raise rates as early as september. Showed calls it a case of me why i shouldnt. One of the reasons the fed shouldnt is because of wage rates. The average ....