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in energy bills from tomorrow, despite government help to limit price rises. plus: auto austerity! citroen s answer to the energy crisis a cheap electric car made of recycled plastics and cardboard! hi, there. prime minister liz truss and chancellor of the exchequer kwasi kwarteng will be trying to rebuild the confidence of financial markets today after a week of turmoil sparked by their economic plans last friday. they are to meet with the head of the uk s government spending watchdog, the office for budget responsibility. the obr s role is to give independent oversight of borrowing and spending plans. critics say it should have been involved from the start. the pound hasjumped the most against the dollar in over two years, erasing all its losses over the past week. this, after the bank of england continued to pump money into the bond markets to prop up the value of uk debt. the prime minister though is still insisting her tax cutting plans are right for the britis ....
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 ....
leaked documents show president emmanuel macron and a former eu competition commissioner held a series of private meetings with uber. at the time, the ride sharing app had been banned in france and sparked protests across europe from taxi drivers who felt their livelihoods were being threatened. as part of an investigation by the international consortium of investigativejournalists, the bbc has discovered how uber used political contacts to get what it wanted. richard bilton reports. when hoover first arrived when hooverfirst arrived in france, it started a taxi well. but while many cabdrivers were on the streets, the leak shows uber had a friend in government. documents show despite uber offering an legal service, emmanuel macron then nestorfor service, emmanuel macron then nestor for economic service, emmanuel macron then nestorfor economic and service, emmanuel macron then nestor for economic and digital affairs, agreed to help them change the law. the leak shows ube ....
we begin with the cost of energy and steps being taken across europe to prepare for winter. germany is keen to push forward in reducing its dependence on russian gas supplies as concerns continue over whether russia could completely shut down gas flows into europe. germany s chancellor olaf scholz is in canada and has just signed a deal to form hydrogen supply chains with canada. this is seen as a positive step forward but it does not offer an instant fix as it will take some time to get the right infrastructure in place. to talk us through what s at stake. i m joined by nathan piper, head of oil & gas research at investec. thanks gas research at investec. so much for being on th! programme. thanks so much for being on the programme. so, initially it sounds positive, it is the right step for germany to take but how long will it all take to get gas through this form? to get hydrogen to be any sort of significant replacement for natural gas is going to take decades stoppi ....
we start here in the uk, where the bank of england has raised the cost of borrowing to its highest level in 13 years. the quarter of a percentage point rise, to 1.25%, was less than some were expecting. but financial markets are now betting uk interest rates will have to rise a lot further from here, to get control over soaring inflation. the worry is, too steep a rise in borrowing costs could tip the economy into recession. and the warning signs are already there. our economics editor faisal islam reports. on faisal islam reports. the outskirts of doncaster, a on the outskirts of doncaster, a successful business, the crown hotel, grappling with energy, food prices and wages going up at the same time that household income is being squeezed and now a relentless run of interest rate rises to hit some buyers on variable rate within hours. hit some buyers on variable rate within hours. with got a mortgage rate within hours. with got a mortgage and rate within hours. wi ....