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british gas admits there s no excuse for using debt agencies who broke into homes to fit prepayment meters. and, we speak to microsoft s bill gates about covid, vaccines and conspiracy theories. i guess people are looking for the bogeyman behind the curtain, the over simplistic explanation. and coming up on the bbc news channel. manchester united say they will conduct their own process before determining the future of their player, mason greenwood, after assault charges were dropped against him today. good evening. the bank of england has raised interest rates to the highest level for more than 1a years, with inevitable consequences for people with mortgages, credit card debt and other borrowing. the rise by 0.5 percentage point to 4% is yet another attempt to control inflation. the bank confirmed that the economy is set to enter recession this year, but it said the recession could be less pronounced than previously thought, as there are early signs that the economy is st
InflationCentral-bankA-ViewHopeSignsGovernorCornerImprovementPeopleSoldiersCredit-card-debt reopens following a £19 million makeover. good afternoon and welcome to bbc news. british gas will increase electricity prices by 12.5% in september, a move which will affect more than 3 million customers. its parent company centrica said the price rise is a because of the increasing cost of transmitting energy to people s homes and government environmental policies. the government has indicated that it may still legislate to impose a cap on energy prices. our business correspondent theo leggett reports. music. british gas likes to say it is putting its customers in control. we are bringing the nation smarter connected homes. but even if they turn the heating down, those on a standard variable tariffs will see their bills going up. after the increases announced today, the cost of an average dualfuel energy bill, electricity and gas, provided by british gas, will be going up. it will now cost you £1,120 a year, that is an increase of £76 compared to last year. it is not the
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