household expenses on your credit card, at exorbitant rates , you are done. as business insider reported, americans earned through third of there pent-up savings, and signal spending will soon slow down. that s what happens when people run out of money they stop spending because they don t hav it and then the consumer econom slows. so, when energy costs rise, again, just to be clear because it s not sophisticated economic here, when they arise, so does the price of everything else in the first staple to rise in the cost is the one you have to hav and that is food. on the menu for thanksgiving rising prices overall prices ar up seven white 7 percent from last year and grocery prices ar more than 12 percent higher tha a year ago. here is what it means for the family grocery bill as you shop for the big day. first the turkey. per pound prices for turkey are up 17 percent year over year.
the last year and that is far above the target the last year and that is far above the target that the bank of england tries to the target that the bank of england tries to achieve which is 2%. more expensive tries to achieve which is 2%. more expensive energy is a central part of this expensive energy is a central part of this story, and almost everything we buy of this story, and almost everything we buy needs energy. we are looking at factories, we buy needs energy. we are looking at factories, shops, transporting of goods. at factories, shops, transporting of goods. so at factories, shops, transporting of goods. so it at factories, shops, transporting of goods, so it spreads mostly to goods and services goods, so it spreads mostly to goods and services it s part of the story but is and services it s part of the story but is also and services it s part of the story but is also affected food prices but russia but is also affected food prices but russia are bu
we all do that in our lives, then we create an environment which is less conducive to the extremes in this kind of extreme violence. brendan cox speaking kind of extreme violence. brendan cox speaking to kind of extreme violence. brendan cox speaking to laura kind of extreme violence. brendan | cox speaking to laura kuenssberg. the first five recipients of the earthshot prize founded by prince william have been announced at a star studded ceremony in london. the prize aims to recognise innovative solutions to climate change the winners have been awarded one million pounds. each year we will award five million pound prices. the aim is to heal planet earth, to try to tackle the most serious environmental problems. the ceremony to hand out the awards a call to action from sir david attenborough. we don t have eternity. we need to do this now and over the next ten