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welcome to the programme. there are tentative signs that inflation is coming under control, and the recession forecast last year will be shallower and shorter than expected. butjust to make sure, the central banks are raising the interest rates again. yesterday it was the fed, today the bank of england increased the base rate, half a point, to 4% the highest it has been in m years. we think inflation will come down rapidly, and a lot of that is down to energy prices, which have fallen rapidly. but i m afraid there are big risks out there which mean that it may not happen in that way. yet we re still seeing stronger pressure from price and wage setting in the economy in the question is, will that start to ease off? coinciding with the bank s decision came a profit announcement from shell and a rather blunt illustration of why we re all getting poorer. the oil and gas giant has reaped profits of £40 billion last year. the taxman has reaped far less. shell said it p ....
And autocracies, so we should be doing our own. is it that mixed messaging that puts these companies off from investing in renewables? it off from investing in renewables? it might be, one of the problems is this government s might be, one of the problems is this government s cohen - might be, one of the problems is this government s cohen rhetoric conflicts this government s cohen rhetoric conflicts with this government s cohen rhetoric conflicts with its this government s cohen rhetoric conflicts with its own this government s cohen rhetoric conflicts with its own net - this government s cohen rhetoric conflicts with its own net zero - conflicts with its own net zero target conflicts with its own net zero target if conflicts with its own net zero target if you conflicts with its own net zero target. if you are conflicts with its own net zero target. if you are genuinely. target. if you are genuinely committed. target. if you are genuinely committed, and target. i ....