tv Business Today BBC News February 25, 2025 11:30am-11:45am GMT
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will rise by 6.a% in april, under regulator ofgem's new cap and electricity will see the cap puts a limit on the amount suppliers can charge for each unit of energy, and affects the bills we're nowjoined by jess ralston, who's good to have you. if anything this proves that this gas this rovesthat this �*as 5 is this prgvss'thst this gas is not we this pravas'that this gas is not we are crisis is not over. we are still feeling the effects through higher bills. yes, the
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as rice through higher bills. yes, the gas price in — through higher bills. yes, the l gas price in _ a gas price in febmary reached a in gas price in february reached a in the gas price in feprdary reached a in the uk, but two—year high in the uk, but also across europe. what to the gas price affects europe internationally affects europe and the in particular. it and the e!“ id'eefti'eetars'tt ” the uk ehd the e'i�* ih'eefti’eeteh'tt ” the uk in particular we are reliant on gas, because we are reliant on gas, the international monetary fund said our dependency on has said our dependency on gas has made the worst hit in made us the worst hit in western europe by the gas crisis. that is why the government is targeting clean deernment'is targeting ctean phasing out gas power, phasing out gas generation for power and our z 7 heating, around % heating, around of use gas for heating and homes dse gas for heating and they are feeling the effects price goes up too? 77 if 7” gas price goes up too. governments have said that we gas price goes up too. gove to 1ents have said that we gas price goes up too. gove to diversify 'e said that we gas price goes up too. gove to diversify our|id that we gas price goes up too. gove to diversify our source we gas price goes up too. gove to diversify our source of: need to diversify our source of energy and that might be more renewables, that takes time. is your assessment that we are mm enouh to reduce moving quickly enough to reduce our on fuels, our dependence on fossil fuels, to get renewables as bigger to get renewables as a bigger proportion of what we use? et
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proportion of what we use? git the moment, wind and solar the momentewind and soter for around the mementewind and soter for around of eneration and e generation and that has power generation and that has from 0% around 15 years grown from 0% around 15 years ago. have seen a lot of ago. we have seen a lot of but relying on gas for growth but relying on gas for 30 or 40% well is really when the j when the gas: when the gaszprice spike 77 spike and 77 spike and remains subject does spike and remains subject to what is going on a very to what is going on in a very unpredictable world. we have uggcedflgctableworld. we have wars going on, a new multiple wars going on, a new us president, all of these make the gas markets things make the gas markets jittery it impacts us in jittery and it impacts us in the uk. 0ne jittery and it impacts us in the uk. one of the quickest things we could do to lower bills in the short term is install into homes install insulation into homes because the uk the ”withing" 77 ”withing" éé'pékiéiiy"" wogstghousing stock especially you compare yyoristghousing stock especially you compare it to rest 1mm euro-e. the are edam and insulation cold and damp and insulation can help with that and help reduce on gas for heating. —e£ z: -=2 toask 77 that, 77 to ask 6 that, the 77 , ”earn"; 7 "in 7 7 europe 7 7 7 europe and of the
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feels like this is a oldest. it feels like this is a multipronged using multipronged approach, using less gas and getting more supply but also alternative supply but also making homes are better making sdrethomesrere better we just interrelated. we are just out of winter, do get a coming out of winter, do get a sense we are ready for next winter? that we are making the moves now prepare ourselves? moves now to prepare ourselves? it is a by the ” tnejsiry, " ' ” tnejsiry, why " ' ” tnejsey, whyaren't ' industry, why aren't we energy industry, why aren't we fixing the roof when it is sunny outside? in slating an" “stride? !’t f'atnc “my . —— summer for = -:: that is something winter. that is something that the energy crisis commission made up the energy which is made up of the energy industry business groups and �*advice 7'a’in’c’e’ 77 they consdmer—advicegradps, they that we get on all recommended that we get on with reducing demand for gas through insulation, moving away throdgh insdlation, moving—away gas boilers to electric from gas boilers to electric heat pumps and reducing demand that power sector by more renewables. building out more renewables. the of whether we are :-= fast enough remains to be going fast enough remains to be seen. the new government has long a warm homes plan,
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longtoettedra warmrhomes pie-h. are yet to see they we are yet to see details, they are focused on the power sector so far. , ., are focused on the power sector so far. , r, r, , so far. thank you at the energy and - unit- _ so far. thank you at the energy and - unit. staying - so far. thank you at the energy and - unit. staying in - ggd climate'onit. staying in uk... more from the uk where farmers protesting at government changes to agricultural inheritance tax to win them over at a national conference. let's have a listen. on inheritance tax. of feeling in the room and in the sector. we have had to take.
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a silent protest there at the changes by the one of asia's largest banks says it expects to cut 4,000 takes on more work currently done by human beings. related to the technology. good to have is this the things are going? an : fofévr j fofallf j 77 of allésorts j necessarily low jobs that j jobs that could be in "may" ' firing line. the firing line. there is a consensus _ the firing line. there is a consensus that - the firing line. there is a consensus that suggest. the firing line. there is a consensus that suggest is consensus that suggest it is data processing jobs that are
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at? risk from al. perhaps most at risk from al. if we look at the financial very on data services, very reliant on data it is not services, very reliant on data that it is not services, very reliant on data that one it is not services, very reliant on data that one of: is not services, very reliant on data that one of these: surprising that one of these announcements is from a big announcements is from a bank, the financial be ilk, from the financial there ben.k,,fr,om the financial there will be eereieeet there witt�*ee'" " to workers. some benefits, to many workers. some of the really boring tasks perhaps to related perhaps to data processing could taken away. processing could be taken away. and we have to put this in the context of what is to context of what is happening to the labour market generally. we in developed world and have in. the deveteoed wertd and ,, ,, ., ,, are very china are very ageing there will be population. there will be shortages of labour and from that. of view, perhaps we that point of view, perhaps we need something like this to need somethingrtike this to with productivity. help with productivity. many can do with less its, theme, this bank recurrent theme, this bank saying it will 4000 jobs saying it will cut 4000 jobs and then create a thousand, the numbers don't stack up still people” - ' ' ' " people” 7 will n people” 7 will be fewer people but this will be about reskilling and upscaling.
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will lose jobs]? "ref jobsif 7jobs, if they �*jobs, if they work out theirjobs, if they work out how to use the tech and they could find a newjob how to use the tech and they could find a n- - how to use the tech and they could find a n— how to use the tech and they c< one iind a n— how to use the tech and they c< one ofi a n— how to use the tech and they c< one ofi a i skills _ how to use the tech and they c< one ofi a i skills that - ie ene ef the shitte that many -..-.-... s... . will is ane at the shitta that many , ,- fr , .-. .. will have have is ane at the shitts that many , ,- fr , .-. .. will have have going people will have to have going the labour market through the labour market during their will have during their career will have to be about adaptability. frankly, if we look back at the past ten years there are jobs that exist now that we hadn't dropped about a or so 2-— 7 77a7nd7it7will77 777777 77 7 77anditwill7b7e777777 7 77 7 77and itwill7b7e7th7e777 7 77 7 77and itwill7b7e7th7e7same.77 ago and it will be the same. potentially at a faster point, adaptability and possibility at ditterent types at perhaps of different types of skills to fore, skills comingto the fore, of communication. many =— 7 think that is those people think that it is those that have that have to have human contact, those that have igggyagngcontact. those that have traits will continue igggyagngcontact. those that have be traits will continue igggyagngcontact. those that have be tri much l continue igggyagngcontact. those that have be tri much in ontinue igggyagngcontact. those that have be tri much in demand. to be very much in demand. certainly, jobs related to certainly. thejobs related to processing but also may be 77 assem7bly some manufacturing, assembly lines, we are also using bots when we come to use things like
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whenwe eemete dsethngs liise there whenwe eemete dsethngs iiise there was replacing too. thank you very much. the next four years — ahead of its annual shareholder the move comes as trump's tariffs loom over the tech michelle fleury has the details. meeting, as the company seeks to navigate the trump which could push up the cost of iphones. in houston in 2026. it is set to produce servers for apple intelligence — its ai—powered features. thousands of jobs. the move comes after apple ceo tim cook met with president donald trump last week. following that meeting,
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the president said apple here instead because they don't want to pay the tariffs. to america a top priority, and apple's announcement in a statement, apple , , . it all follows a trend of similar promises made previous pledges. now at midnight in washington dc, a deadline passed for us federal employees to respond to an email by elon musk. the email — sent over the weekend — was headlined
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and asked recipients to reply with approximately five bullet points outlining their accomplishments mr musk, who heads the department of government efficiency — or doge as it's known — has since admitted that the email "was basically a check to see if the employee had a pulse and was capable of replying to an email". president trump defended the email as a way of weeding we have people that don't show up to work and nobody even knows that they work for the government. actually working?" or you're fired because a lot of people are not answering because they don't even exist. they're trying to find... of fraud so far.
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not sure what happens on but that aside... that the idea of improving federal worker efficiency is popular across the board but may not have the desired impact. this is hugely politically popular — the idea of ringing efficiencies from the government. with trump voters, puts democrats on the back foot. beyond that, though, we're in a situation where it that they make huge amounts of difference to the federal debt and deficit, which was climbing. at that as well as promised
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are starting to be lost. a win for either team would put them in a strong position and india. boycotted the match. rights under taliban rule, where female participation the one day international will go ahead in lahore, pakistan on wednesday. afghanistan's head coach jonathan trott says that his players know full well things are �*not correct�* in their home country. these guys are brave, and they know the difference between right and wrong. and so for me to start, you know, voicing... perhaps you and i or anybody listening is not as educated or understanding of... so i try and be as
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