tv Business Today BBC News February 25, 2025 7:30am-8:02am GMT
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talking trade in delhi — britain and india get down to business, but who will be the winners and losers? we find out. a deadline passes for us federal workers to reply i'll be asking what mr musk is up to. why he thinks the trump administration could boost his industry. there is a lot to talk about. this is business today. i'm sally bundock. very welcome. — a higher than expected increase adding pressure on people's finances. rise by £111 a year,
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or £9.25 a month — taking the total bill to £1,849 a year. the cap puts a limit on the amount suppliers can charge for each unit of energy, and affects the bills it's adjusted every three months. and founder of watt—logic. good to see you again. why is higher-than-expected, why is that? this is rsgllg ta fi'g'yith' " ’ has that? this is rssllg ts fis’yith' " ’ has been that? this is rsslly ts fis’gith - has been happening that? this is rsstty ts ss's�*ith - has been happening with gas market 7 gas market in 7 gas market in europe. this the gas market in europe. this winter has been cold and also less windy than the previous winters and that has meant more has been used heating gas has been used in heating also in power generation, storage 7 storage levels to fall. causing storage levels to fall. �* the has a target now the eu has a storage target
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for the beginning of winter that all the storage facilities need to be 90% so the need to be 90% full, so the more that gets used this winter, more to be bot winter, the more has to be bot through the summer and the expectation of having to buy a lot of gas the summer lot of gas through the summer has been pushing up and has been pushing prices up and making market nervous. and making the market nervous. and unfortunately in unfortunately what happens in european gas market tends to get reflected in british get reflected in the british gas market.— get reflected in the british as market. �* ., , gas market. another £111 per ear, gas market. another £111 per year, households _ gas market. another £111 per year, households will- gas market. another £111 per year, households will have i gas market. another £111 per| year, households will have to find. the household. on find. the average household. on top of their energy th|s couldpush fiiis'ééljic'ifiuéiiifisre fuel it? into fuel poverty, couldn't it? yes, that's right, it is because at this unfortunate because at this time of year you would expect to see prices falling because of the seasonal effects that prices go down the zszzi= ::::-= j j aslsaid, j 5 as i said, this j 5 as i said, this year, summer. as i said. this yssr. this gas summer. as i said. this year. this gas and the with this gas target, and the eu has said will at more flexibly because it it more flexibly because it the summer prices noticed the summer prices actually went higher than the winter prices, which is very unusual very undesirable. but unusual very'und'es'rs'sle. but does show unusual veryuna’es’rahle. but does show happens when interfere with the
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you. s’ss’s sf sis 77 you have you have some very consequences and unintended consequences and thatis unintended consequences and that is really what has driven this dynamic in europe at the the ener secreta ed moment. the energy secretary ed miliband says _ moment. the energy secretary ed miliband says . government - moment. the energy secretary ed miliband says . government is l miliband says the government is doing all it can to help families cope increasing families cope with increasing do you think they costs. what do you think they can do? ~ , , , , true. there are a lot of cove na nt covenant could do. things the covenantcsuld do. and the first and most impactful thing would be to remove all of green levies from férééhlevi’esiffrb’fi bills z fér'ééhzievi’esi’frb’fi bills and the green levies from bills and into general taxation. that would save couple of hundred would save a couple of hundred pounds per year straightaway. it can also remove some of the other sort bits other sort of spurious bits and pieces from energy pieces from the energy bill, things like the energy company obligation and the warm homes discount. not to say that disseuntst-lst'tssssy that “ass useful disseuntsttst'tssssy that “ass useful but disseuhtsttat'tassay that “ass useful but they prioibfaglyil f: as; w ff’p}l{b3uyii§' ' ' w ”iproibarblyiberbetter w 7 "p’erqbiy’b; better done could probably be better done by who are not energy by people who are not energy suppliers. it is really ridiculous that suppliers are suppliers. it is really ridiculous to at suppliers are suppliers. it is really ridiculous to engage iers are suppliers. it is really ridiculous to engage in 's are suppliers. it is really ridiculous to engage in wealth suppliers. it is really ridiculous to e which in wealth suppliers. it is really ridiculous to e which is wealth suppliers. it is really ridiculous to e which is exactly redistribution which is exactly what the one home is have to take from have to take from one ve to take from one group ike from one group of and -ive “7 sustsmsrs a“??? filgit e??? 7 ”7 7 77 the ts=tfim=r= aha slfif ts" ’ ’ " the governor should another. the governor should really deal with that 77:7; —= mif hofthese centrally. if all of these things were removed bills,
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things were remsved frsm hills. would actually reduce that would astsally reduaa and help households bills and help households straightaway.— bills and help households straightaway. bills and help households straiuhtawa. . . . . ~ straightaway. once again, thank ou for straightaway. once again, thank you fervour— straightaway. once again, thank you for your analysis, _ straightaway. once again, thank you for your analysis, kathryn i straightaway. once again, thank you for your analysis, kathryn. l the uk government is hoping to placate farmers at their annual national farmers union conference. speaker there this morning. is prioritised over cheaper imports from abroad. schools and prisons. in catering contracts to companies supplying public bodies with food. british farmers could benefit. the chancellor's move to hit many farms with inheritance tax for the first time? clive bailye is a staffordshire farmer, and founder are nothing new. first, this is nothing new.
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this was something that was in labour's manifesto over 12 months ago before the election. in the industry that encourages the use of the higher welfare, changes they have made since they came into power and after rachel reeves�* budget, it shows how far out of touch they are. 50% of public procurement is not ambitious. it is behind the average household in the uk. you are saying what he has announced isn't new and won't
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will impact farmers? industry—leading organisations not with rachel reeves or keir, or steve reed, who seem they put forward in that meeting proposals that actually which incidentally about two days later they awarded that amount in overseas farming aid, so it is clearly not about the money. nfu and cla, tenant farmers association, they have
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and that was going to raise i think an extra 200 they are not changing. now to india, where british ministers are in the thick of negotiations with their indian counterparts in the hope of striking a trade deal. speaking at a joint press conference the uk business to do a deal. bothjonathan and i have agreed to resume free trade agreement through championing free and open trade and investment to drive jobs and growth across both of our countries.
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we are keeping a eye on trade negotiations when those trade negotiations when there is an update to bring you we will let you know. the next four years. giant which makes most of its iphones in china. our north america business correspondent — michelle fleury — has more from new york. perhaps the most significant part of apple's its ai—powered features. thousands of jobs. the move comes after apple ceo tim cook met
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following that meeting, the president said apple theyjust stopped �*em, they're going to build here instead because they don't want to pay the tariffs. a top priority, and apple's announcement follows similar commitments from other tech giants — to ramp up us investment. on the future of american innovation, and we're proud to build on our long—standing us investment." it all follows a trend of similar promises made although it didn't follow through on some of those previous pledges. michelle fleury. around the world and across the uk, this is bbc news.
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and then if you don't answer, like, you're sort of semi—fired or you're fired because a lot of people are not answering that's how badly various parts of our government were run. of fraud so far. and we've just started. is there, because maybe somebody stole the gold. terry haines is founder of washington dc—based consultancy pangaea policy. the office of personnel management had come out not only that — a variety of federal departments the fbi and others — thejustice department — instructed their employees not to respond to it. so what you have got here is a situation where one
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of the first rules in politics is to not let process be the issue, and yet that is exactly what is happening. in terms of how effective all this will be when it comes to reducing government spending, what are people saying about that? this is hugely politically popular — the idea of it's popular frankly across the political aisle — it's very popular with republicans, popular with trump voters, puts democrats on the back foot. beyond that, though, we're in a situation where it to the federal debt and deficit, which was climbing. and also you have markets that have been looking
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not least because of the geopolitical situation. talking about a story that i am sure is dominating all over the conversations all over the place. occupying nearly 43% of roles on company boards. but when it comes to executive positions the uk's largest says in its report — the government backed target companies still have less than a third of their leadership roles held by women".
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vivienne artz is chief executive of the the ftse women leaders review. she addressed the concern about the slowing pace of change. yes, it's slowing but actually the pace of change continues and the ftse 350 we can see the number of women on both continues to increase. you mentioned that fantastic headline — 43% of ftse 350 board roles are now held by women. but absolutely, at 35%, it is unlikely that the ftse in 2021 are in fact leading
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very, very strongly — they have 37% as their result this year of women in leadership, which is incredibly strong, and well within grasp this reflect how much easier it might be increase easier it might be to increase �*gender balance on easier it might be to increase �* gender balance on the your gender halahce ah the whereas your gender halahce oh the whereas it is much more board, whereas it is much more difficult to do that as a �*management level? n �*management level? i senior management level? i think it is a few things. the = -: 350 is obviously set up ftse 350 is obviously set up very differently, they are publicly listed companies, the private companies have a 50 private companies have a very leadership, very strong leadership, actually. it's incredible to actually; lt�*s ihsrsdihls to ~ 7, "f how they actually; lt�*s ihcrsdihls tor " 7, "f how they have see how they have performed this year. what we are seeing that there is 77 that there is an 77 is that there is an increase across all roles, so on the board side, the has didn't board side, the ftse has didn't really, " have reallyl really well. they have . . . , fi na nce reallyl really well. they have . . . , finance directors, increased finance directors, they have increased the number
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of chairs, have increased of chairs, they have increased everything for the everything exceptrfor the ceqs the challenge and a private and the challenge and a private company site is also that we have seen a drop number have seen a drop in the number of ceos this jason robins says the trump administration could bring and tax cuts. correspondent, ritika gupta. it was our super bowl as well
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as the super bowl for the nfl, and that is definitely the biggest betting there's a lot of competition, though, in this space for draftkings — whether it's fanduel, to fanatics — how do you see the competition? do you think that this space is too crowded? i don't think so. i mean, you know, between us and fanduel, you have quite think it's too crowded. and of course there's going to be competition, going to be aggressive. markets on peer to peer, you know, markets on events — something we're watching with interest, you know, we could look at, as well.
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the industry, you know, in terms of looking at regulation or deregulation and the tax policies? i mean, a lot of our action is at the state level. potentially repeal the federal excise tax, which really doesn't make sense any more — it was put in place to stop apply to a state—regulated industry. administration would be impactful generally with deregulation in a pro kind of business approach. regulations or rules. and, of course, the industry has a tailwind from the growing
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legalisation in several states. where do you expect the next leg of growth to come from? legalisation, but i also think that we have a tremendous most of our states have only been around for a few years — building markets out there that we're just starting to see ramp. also, we do believe that there's at some point starting with canada. that wraps up today. that wraps up business today. stories. look other stories. a decade ago, eight—week—old
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ben condon died at bristol children's hospital — children's hospital — six days after being admitted six days after being admitted his parents believed his parents believed antibiotics could have prevented his death, antibiotics could have but the coroner at his first inquest in 2016 disagreed. inquest in 2016 disagreed. five years later, the high five years later, the high court quashed the original court quashed the original verdict, and on friday the coroner at the second inquest found that a bacterial inquest found that a bacterial infection had been a cause infection had been a cause of his death. of his death. but over the course of a few our health correspondent a ten—year fight to reveal the truth about what happened to their son, ben. matthew hill has more. he developed a cough, and was taken to the bristol and he should get better,
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i mean, it destroyed our marriage, didn't it? inquest were quashed. the coroner said the consultants didn't appear and they didn't appear to take on the concerns of more junior staff, or indeed his parents. the hospital said it was deeply sorry. it was deeply sorry communicated with his family following his death. learning and reflection in the ten years since then. review, commissioned by the trust, which provided assurance to the assistant
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coroner that all of that learning has been embedded. for alan and jenny, for over the last decade. as a family, we have been silenced, stonewalled and gaslighted by university hospital bristol and western trust. we are grateful that the trust stand by their position, now the family have vowed to continue to fight to ensure matthew hill, bbc news. let's the latest from vatican this morning. it on the 7 on the health and or francis . condition during the day, adding that a mild kidney
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the 88—year—old has spent an 11th night in have been through the night, praying outside the hospital and at the vatican. let's get the weather. hello again. today we are looking at a day of brighter, sunny spells and also some scattered showers. of scotland and northern ireland. some of them will be heavy with some hail we could see some wintriness, and we will see a few showers temperatures, eight to 11 degrees, down a little bit on yesterday. as we head on through
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the evening and overnight, and eventually northern england. cold enough for a touch of frost ahead of that weather eastwards but curls back across northern england and also scotland. then into thursday, a ridge of high pressure builds across us settling things down. from the west to the east, hill snow down to about 400 metres in the pennines, the cambrian hills and the southern uplands. and on either side of that, we will see a return to bright spells, sunny spells and some showers. into thursday, we start off on thursday on a chilly note, could be some frost around, we have got a weak weather which will break up. the top temperatures up to about 10 degrees. and then into friday,
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again some mist, fog and low cloud to start the day, some frost as well. the north—west until overnight. maybe 10 degrees. so during the course of saturday, the weather front sinks south as a weak feature, you might get the odd spot of rain in it. settle down with some sunshine. is going to be like where you are or where you are going,
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announced that energy bills impeachment hearing today. judges will decide whether to formally remove him from office. all other solar system planets will appear as a great planetary alignment. deadline passes for us federal workers to reply to elon musk asking them what they have been has been highlighted at the united nations where its un envoy voted twice alongside russia.
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