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Transcripts For BBCNEWS World Business Report 20240708

spotify slumps. we start with the soaring cost of living here in the uk because in a few hours time the energy regulator ofgem is set to announce the biggest ever rise in energy bills. every six months it reviews the maximum price suppliers can charge consumers. and with gas prices at record highs the industry s predicting bills could rise as much as 50%. the bbc has been told the government is planning financial help for consumers. but there are doubts over whether the measures will be ready by the time higher prices start on the first of april. our social affairs correspondent michael buchanan reports from glasgow. i m lucky if i have breakfast in the middle of the afternoon to keep me going, and a snack at night. having cut down on food, zahada safdar is now facing reducing herfuel. the hot water bottle eases the pain from her severe arthritis, as she can t afford to properly heat her flat after a 20% rise in bills. a single mum with limited income, it s very diffic

Transcripts For BBCNEWS BBC News at Ten 20240708

approaches, the duchess of cambridge starts her new role as the patron of england s rugby football union and league. coming up in the sport on the bbc news channel, celtic and rangers go head to head in the old firm derby at celtic park. can the home side sealed the win to take them top? good evening. ofgem, the energy regulator, is set to announce the biggest ever rise in energy bills, with ministers understood to be preparing measures to ease the pressure on households. the announcement is due tomorrow. every six months, ofgem reviews the maximum price that suppliers in england, wales and scotland can charge customers on a standard tariff. around 15 million households saw their bills go up by 12% when the last update happened in october. the new cap takes effect in april and industry predictions suggest gas prices could rise by as much as 50%, taking the average annual bill to roughly £2,000. there is a separate energy market in northern ireland, where prices have also ris

Transcripts For BBCNEWS Breakfast 20240706

prepayment customers go unused. i ll have the details. in sport, how manchester city face more than 100 charges of breaching of financial rules, which could see them fined, docked points or even relegated from the premier league. good morning. it isa it is a gold and a frosty start to the day in the southern half of the country. some mist and fog patches, some of which will be slow to clear. then we will see some sunshine. in the north, a milder start, cloudier with patchy rain in the west. details later in the programme. good morning. it s tuesday, 7th february. more than 4,000 people have died after two major earthquakes hit southern turkey and northern syria. the rescue effort has continued throughout the night, although freezing temperatures, snow and rain have hampered the search for survivors. dozens of countries, including the uk, have promised to send help. azadeh moshiri reports. it s a race to save lives that includes the smallest ones. syria s voluntary civil defen

Mum's cost of living warning as energy meter poverty hits record high

Energy Update: EDF Undercuts Price Cap By £110 With Cheapest Tariff Since 2021