energy supplies. i it is a very serious problem for the uk energy supplies.— it is a very serious problem for the uk energyrgy supplies. i mean, we have been looking at the _ uk energy supplies. i mean, we have been looking at the markets - uk energy supplies. i mean, we have been looking at the markets for - uk energy supplies. i mean, we have been looking at the markets for 20 i been looking at the markets for 20 or 30 years and certainly this is the biggest crisis since we had a liberalised market way back in the last millennium. liberalised market way back in the last millennium. washington police fear threats of violence ahead of a rally by right—wing supporters of rioters who stormed the us capitol in january. university students who aren't yet vaccinated are being urged to get their covid jab during freshers' week.

they can come to the energy uk website. at the high price of gas, the energy suppliers came up of additional places on top of the ones that were already obligated to provide for energy customers. they can go to citizens advice, but the first thing to say is just phone your supplier. if you are worried about paying your energy bill this autumn, there is help, just get on the phone to your supplier. i just get on the phone to your su lier. , ., just get on the phone to your su lier. , . ., supplier. i understand when a com an supplier. i understand when a company does _ supplier. i understand when a company does go _ supplier. i understand when a company does go bust - supplier. i understand when a company does go bust and . supplier. i understand when a j company does go bust and we supplier. i understand when a - company does go bust and we could well see that, there is a process called solar, which kicks in and bigger companies are allowed to bid and take over the smaller companies, how likely is it they will do that with

energy supplies.— it is a very serious problem for the uk energy supplies. , we have been looking — uk energy supplies. i mean, we have been looking at _ uk energy supplies. i mean, we have been looking at the _ uk energy supplies. i mean, we have been looking at the markets - uk energy supplies. i mean, we have been looking at the markets for - uk energy supplies. i mean, we have been looking at the markets for 20 i been looking at the markets for 20 or 30 years and certainly this is the biggest crisis since we had a liberalised market way back in the last millennium. liberalised market way back in the last millennium. washington police fear threats of violence ahead of a rally by right—wing supporters of rioters who stormed the us capitol in january. university students who aren't yet vaccinated are being urged to get their covid jab during freshers�* week. holiday firms say they expect a surge in bookings, after travel restrictions in england are relaxed. france is recalling its ambassadors to australia and the united states, in protest over a security dea

if you go to the energy uk website. e high price of gas, the energy suppliers came up with additional as well as those of eddie obligated to provide for energy customers. get their website they can go to consumer groups in the first thing to phone your supplier so if you're worried about paying your bill you should just get on the phone to your supplier. should just get on the phone to your supplier. robert buckley is an energy analyst at cornwall insight — told us what's driving the increase in global prices. people keep talking about a perfect storm of increasing demand, constraints on supply of gas from russia, coming norway, and the increasing market. lower production from and solar then perhaps you might have been expecting. so a real combination of factors. a vacation and european problem with an overlay of issues specific to great britain. it really is about the difficult market for small suppliers particularly in the domestic market where they face a cap that limits the amount that they can pay and actually that

they can come to the energy uk website. we were looking at the high price of gas, the energy suppliers came up of additional places on top of the ones that were already obligated to provide for energy customers. they can go to citizens advice, but the first thing to say is just phone your supplier. if you are worried about paying your energy bill this autumn, there is help, just get on the phone to your supplier. i understand when a company does go bust and we could well see that, there is a process which kicks in and bigger companies are allowed to bid and take over the smaller companies, how likely is it they will do that with the prices and the crisis? yes, we have had suppliers go through it already this year. one of the things we are worried about is the impact of these prices on the retail market. that is one of the questions in consideration at the moment. we want to make sure every customer that is impacted by this gets picked up by the market. the regulator is talking to the government and the government is talking

energy supplies? serious a problem is this for the uk energy sunplies?. it is a very serious _ energy supplies? good evening. it is a very serious problem _ energy supplies? good evening. it is a very serious problem for— energy supplies? good evening. it is a very serious problem for the - energy supplies? good evening. it is a very serious problem for the uk i a very serious problem for the uk energy supplies. we have been looking at the markets for 20 or 30 years and sadly this is the biggest crisis since we had a liberalised market way back in the last millennium.— market way back in the last millennium. what is it that is causina millennium. what is it that is causing this? _ millennium. what is it that is causing this? what _ millennium. what is it that is causing this? what is - millennium. what is it that is causing this? what is driving | millennium. what is it that is - causing this? what is driving these high prices?— high prices? think people keep talkin: high prices? think people keep talking about _ high prices? think people keep talking ab

on the same subject of energy, the uk energy prices set to drive up the cost of living. dioxide, emergency meetings with ministers, meat, vegetables, fizzy drinks, all injeopardy. meat, vegetables, fizzy drinks, all injeopardy-_ in jeopardy. this is already having effects around _ in jeopardy. this is already having effects around different _ in jeopardy. this is already having effects around different sectors, i effects around different sectors, food, _ effects around different sectors, food, steel production and the other one we _ food, steel production and the other one we mentioned as well. i think this speaks— one we mentioned as well. i think this speaks to the scale of the issue — this speaks to the scale of the issue that needs to be gripped. the crisis _ issue that needs to be gripped. the crisis we _ issue that needs to be gripped. the crisis we are — issue that needs to be gripped. the crisis we are seeing in terms of global price rise for gas makes a lot of— global price rise for gas makes a lot of other industries struggle to produce _ lot of other industrie

uk. how resilient are the energy — situation in the uk. how resilient are the energy companies? . how resilient - are the energy companies? will they survive this? — are the energy companies? will they survive this? there _ are the energy companies? will they survive this? there is _ are the energy companies? will they survive this? there is a _ are the energy companies? will they survive this? there is a real- are the energy companies? will they survive this? there is a real range. l survive this? there is a real range. we have some of the bigger suppliers, they buy their energy ahead, they hedge their energy to make sure they smooth out the volatility in the pricing curves that happen. some of the bigger ones will be much more stable. it takes a lot of money to buy that energy ahead and trade, the amount of collateral they have to post are significant. a lot of the smaller suppliers don�*t have the money to do that and don�*t have the experience in terms of how to accurately forecast what you will need and then buy against that. the algorithms they used to predict what we use a

amid rising global gas prices, four uk energy companies are expected to go bust next week. is a very serious problem for the uk energy supplies. i mean, we have been looking at the markets for 20 or 30 years and certainly this is the biggest crisis since we had a liberalised market way back in the last millennium. and after 18 months of pandemic cancellations — the new york philharmonic is back on stage on broadway. hello and welcome if you're watching in the uk or around the world. after the french president ordered the recall of ambassadors to australia and the us, washington says it plans to hold talks with senior french officials in the coming days to calm the diplomatic storm. the french ambassador to australia has now left the country, describing as a "huge mistake" its decision to unilaterally cancel a submarine contract worth tens of billions of dollars. from paris, here's hugh schofield. for the americans, the australians and the british, it's a new alliance to ensure stability in the pacific and thwart the strategic ambitions of china. but australia's decision to

there's a growing energy crisis in the uk. emergency is to occur this winter. —— supply emergencies. there is absolutely no question, mr speaker, of the lights going out. the lights won't go out, says the government. but the pressure is real. wholesale gas prices have risen by 250% since january. they rose by over 70% in august alone. but the regulator caps how much consumers can be charged. so the pressure stays with the providers. four smaller energy companies have gone out of business in the past two weeks. four more are expected to go under in days. and others are at risk — such as the firm green energy. it's almost apocalyptic, with how bad it could get. you know, with our latest models, in the current market as it is, we won't see it through the winter. if it gets worse, than that timescale gets shortened. which leads us to, why is this happening? well, here's bbc political editor laura kuenssberg tweeting that borisjohnson told reporters on the way to new york this is... and this is the prime minister in new york. what

. >> the uk business and energy secretary holds crisis talks with suppliers but the uk's top 26 president plays down concerns. >> people should be confident that the supplies will be there and we will be protecting them in terms of price rises but we're not complaisant. >> european rising stocks amid worries over construction materials from china as a developer deeply plunges this week. >>> and the jump despite losses after the german carrier announces a 2.1 billion your euro increase to pay back part of the covid bailout >>> good morning, everybody. welcome to street signs. what a start it is to the week as far as trading is concerned a lot of red on the board behind me after a week handover from asian stock markets. many are closed, including japan and china but the focus is on the hong kong stock exchange down almost 3% points after fears from developers are growing. this is having knock on effects as far as contagion is concerned not just in the region but for broader macro, too that is one focus. but in europe, one of the other major themes we'll betackling is what the impact of risi

uk. the energy— that had ever been seen in the uk. . this morning, steve. i know you have not seen the documentary, but more importantly, you were there. you were there and you shared that stage and performed on that stage, supporting oasis. can you paint us a picture of what it was like? i supporting oasis. can you paint us a picture of what it was like?- picture of what it was like? i can. the view from _ picture of what it was like? i can. the view from the _ picture of what it was like? i can. the view from the stage - picture of what it was like? i can. the view from the stage look - picture of what it was like? i can. i the view from the stage look like... on toast. taste the view from the stage look like... on toast. ~ . ., ., , on toast. we had a moment 'ust then where ou on toast. we had a moment 'ust then where you stopped * on toast. we had a moment 'ust then where you stopped in h on toast. we had a momentjust then where you stopped in mid-flow- on toast. we had a momentjust then where you stopped in mid-flowjust . where yo

energy companies. the food and drinks industry is also warning that one of the knock—on effects of the situation will be more shortages in the shops. our business editor simonjack reports. the uk is in crisis. dozens of small energy providers have already gone bust, and dozens more are not expected to make it through winter, as soaring energy prices leave many unable to deliver on price promises made to millions of customers who were encouraged to look for the best deals. secretary of state. in the commons today, the business secretary sought to reassure customers ahead of winter. we have sufficient capacity, and more than sufficient capacity to meet demand, and we do not expect supply emergencies to occur this winter. there is absolutely no question, mr speaker, of the lights going out or people being unable to heat their homes. he also announced a government—imposed price cap would be maintained, but that's one of the things creating problems for providers, as the wholesale cost of gas is miles higher than the retail cap. you can see here exactly what has happened to wholesale gas prices. they have more than tripled since the beginning of the year, rising 70% in august alone

energy uk is the trade association for the energy industry sector and insists that protecting energytheir number one priority. i think the message is, though, there is already a mechanism, and i know government are working at pace with industry to make sure that if they think the mechanism isn't enough, there will be something else. so the absolute priority is security of supply first for people. in the house of commons, ministers said they are preparing for the "the worst case scenario" as energy companies attempt to deal with the unprecedented rise in gas prices. our approach will be informed by the following principles — protecting customers, especially vulnerable ones, from price spikes — and the solution to this crisis will be found from the industry and the market, as is already happening, and government, i repeat, will not be bailing out failed energy companies. for the opposition, labour has accused the government of being "far too complacent" about the gas crisis. on monday, i said to the secretary of state that he was being far too complacent about the situation we are faci

help us to _ lift it will really help us to get there — now, let's turn to the pressure on the uk's energyrope since january, and the uk business secretary warned today that many uk households could it's a difficult situation. it could be a difficult winter. i'm very focused on protecting the most vulnerable, elderly people who are exposed to fuel poverty. find vulnerable, elderly people who are exposed to fuel poverty.— vulnerable, elderly people who are exposed to fuel poverty. and here is how consumers _ exposed to fuel poverty. and here is how consumers could _ exposed to fuel poverty. and here is how consumers could be _ exposed to fuel poverty. and here is how consumers could be affected . exposed to fuel poverty. and here is how consumers could be affected by| how consumers could be affected by surging prices of wholesale gas. there is a price gap for consumers but that price is reviewed every six months was up. the numbers for substance april the sin £1138 a year for household on standard errors. from october the 1st that will rise to over 1250 and based on the hundred two current w

more now on the energy crisis and the impact of rising gas prices, because it is notjust the uk that itting record levels across europe, asia and the us, and energy consumers worldwide are hoping for mild temperatures this winter to get them through and with a shortage of gas, coal and renewables, some are warning there is the potential threat of widespread blackouts that would force shutdowns of factories and businesses in some cases. the wholesale price of gas has gone up by some 250%, since january. let's discuss this with the founder of king, joining us from dallas, texas. welcome to the programme. just to give viewers in the uk some �*s perspective on this, talk as to the global picture. t on this, talk as to the global icture. , ., ., picture. i will tell you, what is happening _ picture. i will tell you, what is happening is _ picture. i will tell you, what is happening is we - picture. i will tell you, what is happening is we are - picture. i will tell you, what. is happening is we are having a worldwide demand for gas, the demand is going up the supplier is not there, before

amid rising global gas prices, four uk energy companies are expected to go bust next week.

energy while a new supplier is appointed by the regulator ofgem. it warns more firms are set to close, potentially affecting millions of customers. bulb, the uk's largest energy company with 1.7 million customers, is already looking at its financial options. our business correspondent colletta smith has the latest. two more energy firms have collapsed. as avro and green call in the administrators, that clocks up a total of six energy companies folding within the last fortnight. the industry called for help, but the government says they won't bail out suppliers in trouble. in the first instance, the industry has to look to itself and, as you said at the beginning of your question, you know where i stand in these issues, i do not believe that it is responsible government to put taxpayers�* money to companies that... so, that means i don't think we should be rewarding failure. we're now seeing the result of that decision, with a number of other providers teetering on the brink. more than a million customers are now being switched to a new provider, but they're facing the prospect of being charged more. it made me think to have a look around the to

it's understood that 4 small energy companies are likely to go under next week. the uksi kwarteng, says protecting customers is an �*absolute priority�* for the government. here�*s our business correspondent, katy austin. gas is a key source of the energy that heats our homes and powers our industries. since the start of the year, wholesale prices have soared, almost doubling in the uk, prompting the government to hold urgent talks with the energy industry today. reasons for the increase include lower wind and solar output, high demand, and reduced supply from russia. the unprecedented costs are already taking their toll — four small energy suppliers have recently gone bust with more set to follow as soon as next week. the conversations with government right now are about where we may or may not need additional targeted support for customers or users. the industrial sector is, obviously, a really high priority. steelmakers, which need a lot of energy, are worried. if they're at this price now, what's it going to be like in the winter? if it carried on like this, i'm fea

uk and australia. president biden and emmanuel macron will hold talks in october. another two energye cost of gas. the firms have 800 thousand customers between them. all affected customers will continue to receive energy while a new supplier is appointed. lava pouring from a volcano on the spanish island of la palma has damaged hundreds of homes, as it heads towards the coast. thousands of people have been forced to flee the path of the law of r.

the uk suffers a high energy _ are confidential. ustries. why is— and our businesses, our industries. why is it _ and our businesses, our industries. why is it then that the storage capacity— why is it then that the storage capacity of the uk is just 2% of annual— capacity of the uk is just 2% of annual demand, versus 25% in europe is on average? is that part of the reason _ is on average? is that part of the reason we — is on average? is that part of the reason we don't have energy price reserves? — reason we don't have energy price reserves? , , , ._ reason we don't have energy price reserves? 1 y , ., ., , reserves? only yesterday, there was a conference — reserves? only yesterday, there was a conference of— reserves? only yesterday, there was a conference of eu _ reserves? only yesterday, there was a conference of eu energy _ reserves? only yesterday, there was a conference of eu energy ministers| a conference of eu energy ministers to discuss this very problem. it is not a function of storage to be able to mitigate a quadrupling

it is understood that four small energy companies are likely to go under next week. the ukt. here is our business correspondent katy austin. gas is a key source of the energy that heats our homes and powers our industries. since the start of the year, wholesale prices have soared, almost doubling in the uk, prompting the government to hold urgent talks with the energy industry today. reasons for the increase include lower wind and solar generation, high demand and reduce supply from russia. the unprecedented costs are already taking their toll. four smaller energy suppliers have recently gone bust, with more expected to follow as soon as next week. the more expected to follow as soon as next week-— as next week. the conversations riaht now as next week. the conversations right now with — as next week. the conversations right now with government - as next week. the conversations right now with government are l right now with government are about whether we may or may not need official support for customers and users. the industrial sector is obviously a really high priority.

uk and australia. president biden and emmanuel macron will hold talks in october. another two energyeople are now facing a switch to a new, more expensive firm. lava pouring from a volcano on the spanish island of la palma has damaged hundreds of homes, as it heads towards the coast. thousands of people have been forced to flee the path of the lava.

uk and australia. president biden and emmanuel macron will hold talks in october. another two energy suppliers in the uk have gone out of business caused by the huge increase in the cost of gas. the firms have 800 thousand customers between them. all affected customers will continue to receive energy while a new supplier is appointed. lava pouring from a volcano on the spanish island of la palma has damaged hundreds of homes, as it heads towards the coast. thousands of people have been forced to flee the path of the law of r. hello and welcome to our look ahead to what the the papers will be bringing us tomorrow. with me are sonia sodha, chief leader writer at the observer and matt dathan, home affairs editor of the times. tomorrow's front pages, starting with... let male. britain faces a winter of woe proclaims the paper as it says millions of people may be hit with bill increases of more than for hundred pounds. the guardian reports the gas firms may face a windfall taxes the energy crisis is set to hit eight households. the eyes says up hit eight households. the eyes says up to 7

so there is definitely more to come for the energy and business secretary also saying that he thinks it is inevitable that customers here in the ukthis is an unprecedented situation. wholesale energy costs have increased sixfold since last year. some critics are pointing to the energy price cap which was put in place injanuary 2019 as the reason why these companies have folded, but we are being told today that that is a good thing that that price cap is in place, it is protecting consumers. writer questions going forward, why where the smaller energy companies not required, not mandated by offjam to hedge against price rises on the wholesale markets, which would've protected them from folding and putting consumers in this position and well we now see a reversion to the big six energy companies, which will mean less competition and a less agile competitive market for which consumers can choose from. none of which bodes well for the consumer at the end of the day. {lilia consumer at the end of the day. 0k, alice, thank— consumer at the end of the day. 0k, alice, thank you _ consumer at the end of the day. 0k, alice, thank you very

we'll be exploring the link between the uk's energy supply and what we see in our supermarkets.or his clubs and for england.

the i says energy firms are demanding an end to the price cap. the financial times says the uk'snergy suppliers are requesting a multi—billion pound emergency support package from government. and the times reports that with energy suppliers on the brink of collapse, taxpayers will face a bill for propping up energy firms. borisjohnson will press the united states to open up travel for uk visitors during his white house trip, says the telegraph, alongside a report that the number of children going to a&e with serious mental health issues has risen by more than 50% since the pandemic began. the cost of payouts for nhs maternity errors is put at £8.2 billion over the past 15 years, is the independent�*s headline. and the mirror says simply "goodbye greavsie" to what the paper call a "true legend". so, let's begin. where going to look at some of those stories a little bit more in depth. front page of the time, taxpayers face bill for propping up energy firms was up and the government is already suggesting that it could be offering emergency state backed loans to the energy sector. th

the uk consumes about six times more energy in the winter than summer. rder storage, but let it shut down. —— physically had storage. pl. let it shut down. -- physically had storaue. �* ., ., let it shut down. -- physically had storaue. ., ., , ., storage. a lot of people on social media are _ storage. a lot of people on social media are saying _ storage. a lot of people on social media are saying that _ storage. a lot of people on social media are saying that it - storage. a lot of people on social. media are saying that it would have made a difference if we are in the internal energy market. they were looking at that map and say italy is not as high as the uk. would it have made a difference if we are still in the european union? i made a difference if we are still in the european union?— made a difference if we are still in the european union? i don't think it would have — the european union? i don't think it would have made _ the european union? i don't think it would have made a _ the european union? i don't think it would have made a difference, - t

with energy so expensive, two large fertiliser plants have halted production, and carbon dioxide is a by—product of their operations. the global boss of the company behind those plants came to the uk met the business secretary to discuss options for getting them going again. another consequence of high wholesale gas prices is that some small energy suppliers have gone bust, and more are expected to. for a large, prudently run company like octopus, we bought our energy long in advance. so i think the real problem is for those companies which are smaller, maybe less prudently run, who are buying their energy now. ministers have insisted there's no risk to supply. a significant part of our gas supplies comes domestically. the imported gas, primarily, comes from countries like norway. so we are secure in that. but of course when it comes to prices there will be concern as well. but we have the energy price cap, we have the warm homes discount, to protect people at this particular time. further discussions will take place tomorrow between the business secretary, energy companies and the regulator ofgem, which says it's working to ensure consumers continue to be protected. katy�*s here

energy. and the uk's sixth largest energy company, bulb, is seeking new funds to try to stay afloat.says it wants to fix the issues as fast as it can. our business correspondent emma simpson reports. gas, the cornerstone of our energy supply and the cost of it is rocketing. there has been a surge in global demand and not enough supply. energy firms here are now battling to stay afloat. in the current market as it is we are not going to see it through the winter. if it gets worse, that time will get shortened. i think ourselves along with other energy suppliers, need direct government intervention. five suppliers have collapsed since the start of last month. but dozens could be out of business by the end of the year. the reason? wholesale gas prices have risen by more than 300% compared to last winter. when a supplier collapses what normally happens is the regulator steps in to get somebody else to take on the customers. but prices have gone up so much the big suppliers are saying they can't afford to do this within the government's price cap without racking up huge losses. the regula

joining me now is rob gross, a professor of energy policy at imperial college and director of the uk research centre. he also sits on 0fgem's academic panel. thanks so much forjoining us. is there an easy way out of this with my there's no easy way out of this in the short term. in my there's no easy way out of this in the short term.— my there's no easy way out of this in the short term. in the long term, we need to — in the short term. in the long term, we need to do _ in the short term. in the long term, we need to do is _ in the short term. in the long term, we need to do is break— in the short term. in the long term, we need to do is break the - in the short term. in the long term, we need to do is break the link- we need to do is break the link between the energy we use and fossil fuels. so in some respects there is a way out of this and that is to continue the progress we have already been making with renewables. the process will be much more stable but honestly that's going to take years if not decades. so for the foreseeable coming months, we are in a process of damaging lim

energy. and the uk's sixth largest energy company, bulb, is seeking new funds to try to stay afloat.t says it wants to fix the issues as fast as it can. our business correspondent emma simpson reports. gas, the cornerstone of our energy supply and the cost of eight is rocketing. there has been a surge in global demand and not enough supply. energy firms here are battling global demand and not enough supply_ energy firms here are battling to stay afloat. in energy firms here are battling to stay afloat-— energy firms here are battling to sta afloat. . . ~ stay afloat. in the current market as it is we — stay afloat. in the current market as it is we are _ stay afloat. in the current market as it is we are not _ stay afloat. in the current market as it is we are not going - stay afloat. in the current market as it is we are not going to - stay afloat. in the current market as it is we are not going to see i stay afloat. in the current market as it is we are not going to see it| as it is we are not going to see it through the winter. if it gets worse, that time will get shortened. i thi

more now on the energy crisis in the uk — the business secretary kwasi kwarteng has been in intensive with energy providers over the weekend and will chair an industry meeting today to explore solutions. one is the government is considering offering emergency state—backed loans to energy companies in trouble as smaller firms battle to stay afloat amid surging gas prices. these companies face ruin as price hikes have made their price promises to customers undeliverable. there are fears some smaller suppliers could collapse in days. joining me now is robert buckley, energy analyst at cornwall insight. welcome to the programme. just explain to our viewers why we are in place with small energy companies close to collapse. thank you for inviting me on. without wholesale energy prices which have rocketed through the summer to levels, depending on the measure, anywhere between dublin ten times what we would normally expect to see. that is very difficult for all suppliers to hedge for, and offer a fixed prices and tariffs. �* ,., offer a fixed prices and tariffs. ~ ,., , offer a fixed prices

it has forced some uk energy suppliers out of business — affecting 1.5 million customers.ean commission has announced plans to ensure that chargers are made compatible with all portable electronic devices. it said a universal charger for all mobile phones, tablets and headphones would cut waste and avoid duplication. hello and welcome to our look ahead to what the the papers will be bringing us tomorrow. with me are lucy fisher, deputy political editor at the telegraph and ailbhe rea, political correspondent at the new statesman. tomorrow's front pages starting with "fuel rationed as uk's petrol stations hit by shortage of lorry drivers" is the headline in the i. the paper says bp, esso and tesco are warningn of fueld the paper says bp, esso and tesco are warning of fuel shortages at some forecourts because of supply chain issues. the telegraph's headline is "alarm as bp begins petrol rationing" and the paper talks of the spectre of panic buying looming while a �*winter of discontent�* is feared as energy companies go bust. that�*s next to an image of harry and meghan in a

energy suppliers. the food and drinks industry is also warning that one of the knock—on effects of the situation will be more shortages in the shops. our business editor simonjack reports. the ukctor is in crisis. dozens of small energy providers have already gone bust, and dozens more are not expected to make it through winter, as soaring energy prices leave many unable to deliver on price promises made to millions of customers who were encouraged to look for the best deals. secretary of state. in the commons today, the business secretary sought to reassure customers ahead of winter. we have sufficient capacity, and more than sufficient capacity to meet demand, and we do not expect supply emergencies to occur this winter. there is absolutely no question, mr speaker, of the lights going out or people being unable to heat their homes. he also announced a government imposed price cap would be maintained. but that is one of the things creating problems for providers, as the wholesale cost of gas is miles higher than the retail cap. you can see here exactly what has happened to wholesale gas prices. they have more than tripled since the beginning of the year, rising 70% in august

it has forced some uk energy suppliers out of business — affecting 1.5 million customers.ble electronic devices. it said a universal charger for all mobile phones, tablets and headphones would cut waste and avoid duplication.

energy companies to fold. they follow the wake of others. these latest three only represent about 1% of the uk'sgem will choose a new supplier for you, and what we're doing this, our is to wait until we appoint a new supplier and do not smidge. in the meantime you can rely on your energy supply as normal. that is what they are saying. but we know for sure is not only these customers but all uk energy customers are going to face a 12% potential hike in cost of energy come october the 1st, it because we are going to see a review of the energy price cap. it is reviewed twice a year by ofgem and it has been announced that the maximum amount that household was spend on its energy will increase by 12%, so thatis its energy will increase by 12%, so that is correlating to a price cap of 1277 pounds. that is the national amount a price increase is on the way. expectations are realisi another increase on that price cap when it is next reviewed on the 1st of april 2022. when it is next reviewed on the 1st of april 2022-_ the business secretary, kwasi kwarteng, has said that a reserve fleet of fuel tankers

speaker, does the prime minister burning pop proper fuels will not have a source of energy in the uk in the future? >> yes mr. speaker. just in 2012 i think from defense to less than% how about that mr. speaker. >> thank you, mr. speaker. the community college by head teacher steven gilbey is a fantastic school was 1600 people or mile area. the schools in desperate need of redevelopment and partner the school with the land based and columbia will the prime minister joined me and supporting the proposed rebuild that community college? my honorable friend is a great campaigner. but i can tell him is in addition the school project in the next decade are doing 100 immediately. twenty-one, 22 the council has been taking 5.3 million mr. speaker to improve buildings including at walter community college. >> part of me mr. speaker, with the prime minister growth me the impending cuts to universal credits will not just have a devastating financial impact on people but will also lead to stress and uprising and a detrimental effect on their mental health for it on top of the pressures of the pa

financialtimes in some energy supplies could go bust. financial times says the uk'snergy suppliers are requesting a multi—billion pound emergency support package from taxpayers to help them survive. an borisjohnson will press the united states to open up travel for uk visitors during his white house trip says the telegraph alongside a report that the number of children going to a&e with serious mental health issues has risen by more than 50% since the pandemic. and the cost of payouts for nhs maternity evidence is put at £8.2 billion over the past 15 years. that's according to the front page there. and said simply goodbye greavsie to what the paper goals h foo legend. we can now have a look at some of those one pages in detail. —— at what the paper calls a football legend. there were calls for... the business secretary is in talks with off gem. are we heading for a winter crisis, by the looks of things? it for a winter crisis, by the looks of thins? , ., ., , things? it is one of those things that obviously _ things? it is one of those things that obviously we _ thin

the uk braces for more energy company collapses, as firms are pushed to the brink by soaring gas prices. running on empty. some uk petrol stations forced to close as the truck driver shortage continues. trafficjam in the pacific. ships queue outside two of america's biggest ports as us supply chains struggle to cope. plus, short circuits. the white house holds emergency talks on the computer chip drought that has crippled parts of us industry. we have to prepare for the worst. that's the warning from the uk government's small business minister, paul scully. this follows the collapse of several energy companies due to soaring gas prices. he told the bbc the government's now working with the energy watchdog, ofgem, to protect customers if, as feared, more companies go under. nearly 1.5 million customers have been hit in the last two weeks by firms going bust. colletta smith reports. as the wholesale gas price goes up, suppliers are going under, and customers have been caught in the middle. 1.5 million people are now in the process of being transferred to a new energy company. jamie's supp

intensive plants, _ uk and these are energy intensive plants, so— uk and these are energystop production at those plants. carbon dioxide _ production at those plants. carbon dioxide is — production at those plants. carbon dioxide is a — production at those plants. carbon dioxide is a by—product of fertiliser— dioxide is a by—product of fertiliser production, and in fact those _ fertiliser production, and in fact those two — fertiliser production, and in fact those two plants in cheshire and on teesside _ those two plants in cheshire and on teesside account for 60% roughly of the uk's _ teesside account for 60% roughly of the uk's carbon dioxide output. carbou— the uk's carbon dioxide output. carbon dioxide is used in food packaging, it is used in the meat production— packaging, it is used in the meat production business, it is also used in the _ production business, it is also used in the civil— production business, it is also used in the civil nuclear business, and it is used — in the civil nuclear business, and it is used to _ in the civil nuclear business, and it is use

the energy crisis in the uk rolls on. we will be looking at the latest on that. are being felt now still. i will talk you through it. hello there. for central and southern parts of the uk this week, it's not going to be looking that bad at all. with high pressure always nearby, it'll be dry, quite warm with plenty of sunshine. but we'll start to see some changes from wednesday onwards across the north of the uk, more especially for scotland, where it will turn windier with some rain at times and it will feel cooler. so, a bit more of an autumnal feel there. high pressure, though, dominates the scene into tuesday, many places starting dry. there will be some mist and fog around, some dense patches across east anglia and the southeast which will tend to dissipate through the day. bit of mist and fog to start the day for scotland and northern ireland, and then it'll turn cloudier and windier for western scotland, perhaps western northern ireland, with some light and patchy rain here. but eastern scotland, eastern northern ireland, most of england and wales, fine and

two more uk energy suppliers fail, with warnings of more to come as soaring gas prices plunge the industrymulus as early as november. on the brink — can chinese property giant evergrande survive a $300 billion debt crisis? plus change on the menu — german businesses prepare for life after merkel.

speaking to mps before energy firm green announced it would cease trading, the boss of the uk's energyunprecedented cost territory. i'm afraid there are many factors that have contributed to that, including an increase in international demand, potentially some restrictions around supply, so it's very hard to predict how long that will last. the sector has faced shocks and in fact we have talked about how we managed through the covid crisis which had a big impact on the energy sector overall but when you see that change, and i encourage you to have a look at the change in gas price, it really is something we don't think we have seen before, at this pace, we have seen exit from this market before, we have had up to double digit numbers of companies exiting the market at a time so it's not unusual for supplies to go out of the market. i think what is different this time is the dramatic change in costs the suppliers are facing. we have had around, you know, we have had five roughly over the past few months, a number more at the start of the year. we do expect more, we expect more to not to

absolutely, the ifa i interconnector is a vital energy link between france and the uk with a maximum up to 2 million homes, so it's a lot. this cable will be completely shut down until the 25th of september, but then it will only be operating at half capacity until march 2022. this has come at a bad time because wholesale energy prices are already approaching record levels and that is due to factors like a european wide shortage of gas but also calm weather which has meant there has been less energy generated from wind. this means analysts don't expect prices to go down or to change much any time soon. if they remain high for long, and they are expected to, that means higher prices for consumers and businesses. that even applies if you have a capped energy rate, as people do in the uk, prices are capped by ofgem, because that cap is already being lifted from the 1st of october to take account of rising wholesale prices, so millions will be facing higher bills. prices, so millions will be facing higher bills-— borisjohnson is continuing a major reshuffle of his government ministers wit