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katie prescott, bbc news. now on bbc news...alleviate the crisis over ukraine. but while the focus has been on the donbas region in the east, anotherfront is potentially building up. the bbc�*s gabriel gatehouse has this report on ukraine's northern border with belarus.
katie prescott, bbc news. now on bbc news...alleviate the crisis over ukraine. but while the focus has been on the donbas region in the east, anotherfront is potentially building up. the bbc�*s gabriel gatehouse has this report on ukraine's northern border with belarus.
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katie prescott, bbc news. capital. the majority of the light works are placed along the quay and on the bicycle bridges of copenhagen. following the repeal of covid—19 restrictions, organisers hope to welcome more visitors than last year, when more than half a million people visited over a three—week period. the festival has 50 installations making it the largest in europe. it does something to your heart. it opens your mind. it makes a feeling inside of you of optimism. i think it's really nice to have arts and lights and i think maybe the artists, they maybe don't have the answers but they have the interesting questions so i think that it's possible to see here and that's why i really like it. and before we go, a reminder of our top story — the death of lata mangeshkar at the age of 92. the bollywood superstar had an extraordinary career spanning more than half a century, singing more than 30,000 songs in 36 languages. in a tweet, prime minister narendra modi said she leaves a void in india that cannot be fi
katie prescott, bbc news. capital. the majority of the light works are placed along the quay and on the bicycle bridges of copenhagen. following the repeal of covid—19 restrictions, organisers hope to welcome more visitors than last year, when more than half a million people visited over a three—week period. the festival has 50 installations making it the largest in europe. it does something to your heart. it opens your mind. it makes a feeling inside of you of optimism. i think it's really...
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Feb 5, 2022
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katie prescott, bbc news. the headlines on bbc news.y — who was rescued from a well — has died. rayan had been trapped since tuesday. as she celebrates the 70th anniversary of her accession to the throne, queen elizabeth, says she'd like her daughter—in law, camilla, to become queen consort. hoping to steady the ship. uk prime minister borisjohnson adds new recruits to his inner circle at downing street. additional us troops have arrived in poland as part of a new deployment to bolster nato forces as tensions with russia remain high. the soldiers from the eighty—second airborne division of the us army, landed in the south—east of the country not far from the ukrainian border. the biden administration announced this week it will send three thousand additional american soldiers to eastern europe. russia has massed more than a hundred thousand troops on its border with ukraine, but the kremlin denies it's planning to invade. adam easton has the latest. well, what we've seen so far is the first elements — actually, mostly equipment — for th
katie prescott, bbc news. the headlines on bbc news.y — who was rescued from a well — has died. rayan had been trapped since tuesday. as she celebrates the 70th anniversary of her accession to the throne, queen elizabeth, says she'd like her daughter—in law, camilla, to become queen consort. hoping to steady the ship. uk prime minister borisjohnson adds new recruits to his inner circle at downing street. additional us troops have arrived in poland as part of a new deployment to bolster...
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katie prescott, bbc news.ital. the majority of the light works are placed along the quay and on the bicycle bridges of copenhagen. following the repeal of covid—19 restrictions, organisers hope to welcome more visitors than last year, when more than half a million people visited over a three—week period. the festival has 50 installations making it the largest in europe. it does something to your heart. it opens your mind. it makes a feeling inside of you of optimism. i think it's really nice to have arts and lights and i think maybe the artists, they maybe don't have the answers but they have the interesting questions so i think that it's possible to see here and that's why i really like it. you can reach me on twitter — i'm @ rich preston you can get more on all of these stories on the bbc news website. hello there. the rain is pushing southward, the snow is returning to the north. with a real risk of some quite significant snow through the remainder of the night and the start of sunday. 0ur weather front slo
katie prescott, bbc news.ital. the majority of the light works are placed along the quay and on the bicycle bridges of copenhagen. following the repeal of covid—19 restrictions, organisers hope to welcome more visitors than last year, when more than half a million people visited over a three—week period. the festival has 50 installations making it the largest in europe. it does something to your heart. it opens your mind. it makes a feeling inside of you of optimism. i think it's really...
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Feb 6, 2022
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katie prescott, bbc news.n the danish capital. the majority of the light works are placed along the quay and on the bicycle bridges of copenhagen. following the repeal of covid—19 restrictions, organisers hope to welcome more visitors than last year, when more than half a million people visited over a three—week period. the festival has 50 installations making it the largest in europe. you can reach me on twitter — i'm @ rich preston hello there. the rain is pushing southward, the snow is returning to the north. with a real risk of some quite significant snow through the remainder of the night and the start of sunday. 0ur weather front slowly meandering south bringing that milder, wetter and windier weather. quite a contrast as we go towards dawn. the prospect of several centimetres of snow piling up over the hills of scotland and even a few centimetres at lower levels, blowing around in those strong to gale force winds. of course with that, temperatures close to freezing as well. blizzards in places, in contr
katie prescott, bbc news.n the danish capital. the majority of the light works are placed along the quay and on the bicycle bridges of copenhagen. following the repeal of covid—19 restrictions, organisers hope to welcome more visitors than last year, when more than half a million people visited over a three—week period. the festival has 50 installations making it the largest in europe. you can reach me on twitter — i'm @ rich preston hello there. the rain is pushing southward, the snow is...
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Feb 5, 2022
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katie prescott, bbc news.een a number of calls for mandatory age verification in order to to protect children online. let's speak to the executive director at age verification providers association, who represent organisations who provide age assurance services, iain corby. good to have you with us. do you think these proposals would do enough to protect children from the harms that they face?— enough to protect children from the harms that they face? doesn't really attack all the — harms that they face? doesn't really attack all the issue _ harms that they face? doesn't really attack all the issue of _ harms that they face? doesn't really attack all the issue of children - attack all the issue of children being online, and the problem with someone going on the internet is no one knows how old you are, so if you want to offer better protection for children and preserve the freedom of adults, then we need to have a system in place that allows websites to know the age of their users so they can apply appropriate
katie prescott, bbc news.een a number of calls for mandatory age verification in order to to protect children online. let's speak to the executive director at age verification providers association, who represent organisations who provide age assurance services, iain corby. good to have you with us. do you think these proposals would do enough to protect children from the harms that they face?— enough to protect children from the harms that they face? doesn't really attack all the — harms...
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Feb 6, 2022
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katie prescott, bbc news.tral france, hours before it was inaugurated. the artwork, which was commissioned to mark sixty years of algerian independence, depicts emir abdel kaader — who led the struggle against the french invasion of algeria in 1830. he was dubbed france's worst enemy and was imprisoned in the french town of am—bwaaz, where the new sculpture now stands. mexico has long been one of the most dangerous countries in the world forjournalists. but even by its standards, it's been one of the deadliest months in years. in total, fourjournalists were murdered in the country over the past few weeks our mexico correspondent, will grant, reports from tijuana. ifearfor my life. i fear for my life. the ifearfor my life. the radio journalist told the president live on television 2019. unfortunately, she was right to be worried. last week, she was murdered by a gunman outside her home. the third journalist of four killed in mexico this year, she was embroiled in the legal dispute with the former governor of he
katie prescott, bbc news.tral france, hours before it was inaugurated. the artwork, which was commissioned to mark sixty years of algerian independence, depicts emir abdel kaader — who led the struggle against the french invasion of algeria in 1830. he was dubbed france's worst enemy and was imprisoned in the french town of am—bwaaz, where the new sculpture now stands. mexico has long been one of the most dangerous countries in the world forjournalists. but even by its standards, it's been...
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katie prescott, bbc news.fication in order to to protect children online. iain corby is the executive director at age verification providers association, who represent organisations who provide age assurance services. he told us these proposals don't go far enough. the problem with someone going on the internet is nobody knows how old you are. so if we want to offer better protection for children and preserve the freedom of adults, then we need to have a system in place that allows websites to know the age of their users so they can apply appropriate levels of protection. and while it is welcome to hear that the government has taken on board some of the recommendations of the committee of mps and lords who have been scrutinising the bill, this is just one of their recommendations and we are hoping that the government will put age verification into the face of the bill so it is in primary legislation. because they said today one of the reasons they are putting these other offences into law is because it will al
katie prescott, bbc news.fication in order to to protect children online. iain corby is the executive director at age verification providers association, who represent organisations who provide age assurance services. he told us these proposals don't go far enough. the problem with someone going on the internet is nobody knows how old you are. so if we want to offer better protection for children and preserve the freedom of adults, then we need to have a system in place that allows websites to...
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here's katie prescott. frankie was 15 when she took her own life in 2018.wards, her parents had her laptop forensically checked. and realised that, back earlier in the year, january, february, march of 2018, she had been accessing sites about self—harm, suicide. just appalling stuff. and we had no idea and the school had absolutely no idea. stories like these are behind plans to toughen up regulations online. tech companies will face fines of up to 10% of their turnover if they don't take down material relating to... those sending threatening messages, like the racist abuse of england's footballers last year, will face prosecution, as will people at the companies themselves. the organisations will have to name | individuals who will be responsible | within those organisations - for complying with the legislation. if they continue to flout that - legislation, those named individuals will be responsible and could face up to five years' imprisonment. . social media companies have been tight—lipped about the changes today, but, in the past, facebook has said th
here's katie prescott. frankie was 15 when she took her own life in 2018.wards, her parents had her laptop forensically checked. and realised that, back earlier in the year, january, february, march of 2018, she had been accessing sites about self—harm, suicide. just appalling stuff. and we had no idea and the school had absolutely no idea. stories like these are behind plans to toughen up regulations online. tech companies will face fines of up to 10% of their turnover if they don't take...
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katie prescott, bbc news.online. here with all the sport, it's karthi nganasegaram at the bbc sport centre. good evening. the opening day of rugby union's six nations was a successful one for scotland who have won back to back calcutta cup games against england for the first time in 38 years. scotland won a tight encounter at murrayfield by 20—17. while ireland had a comfortable 29—7 win over the defending champions, wales. joe wilson reports. this tournament has been waiting for them — supporters are back. welcome to the tradition, scotland versus england, best of rivals. it's a close relationship. when scotland made the most of this early opportunity, the man who crossed the line to score used to play for england's under 20s, ben white. 22 years old, and the number ten shirt, and with that try england led. here comes a decision... a kick towards the scottish winger — luke cowan—dickie the only english defender. what happened ? well, scotland would have scored if cowan—dickie hadn't knocked on that ball delib
katie prescott, bbc news.online. here with all the sport, it's karthi nganasegaram at the bbc sport centre. good evening. the opening day of rugby union's six nations was a successful one for scotland who have won back to back calcutta cup games against england for the first time in 38 years. scotland won a tight encounter at murrayfield by 20—17. while ireland had a comfortable 29—7 win over the defending champions, wales. joe wilson reports. this tournament has been waiting for them —...
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katie prescott, bbc news.of child safety 0nline policy at the nspcc we've seen that until regulation is on the statute book tip companies still have won't do enough to protect children we have seen the scale and complexity of online ham that children will face grow in scale and complexity over recent years. we know that booming on child sexual abuse offences are recent levels. we have seen growing problems in children being exposed to suicide and self—harm content that they algorithms on social networks push out and i think what is concerning is that the legislation that dcms are bringing forward won't address some of the dynamics of the problem that we can see happening right now. for example we know the abuse and harm doesn't happen on a silo basis in one particular platform. we know grooming, for example, will start on a site like instagram or facebook and then move across to encrypted messaging platforms, live streaming platforms, and all the indications are that the government isn't prepared to strengthen
katie prescott, bbc news.of child safety 0nline policy at the nspcc we've seen that until regulation is on the statute book tip companies still have won't do enough to protect children we have seen the scale and complexity of online ham that children will face grow in scale and complexity over recent years. we know that booming on child sexual abuse offences are recent levels. we have seen growing problems in children being exposed to suicide and self—harm content that they algorithms on...
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katie prescott, bbc news. now on bbc news...ttempts at diplomacy are continuing in an effort to alleviate the crisis over ukraine. but while the focus has been on the donbas region in the east, anotherfront is potentially building up. the bbc�*s gabriel gatehouse has this report on ukraine's northern border with belarus. but it could still be some situation. we will fight. if you want peace, you should be prepared for the war. the border with belarus stretches for over a thousand kilometres. all along this northern frontier the men and women of ukraine's border guard are getting ready. they may be called upon to be this country's first line of defence. the enemy is not belarus, but somewhere beyond this barbed wire fence. russia has deployed its forces on belarusian territory, artillery and fighterjets, tanks and rocket systems. this right here is a highly strategic spot because up that road about an hour away are the russian forces. thousands of troops, hundreds of tanks and down that road is kyiv. it's pretty much a straight p
katie prescott, bbc news. now on bbc news...ttempts at diplomacy are continuing in an effort to alleviate the crisis over ukraine. but while the focus has been on the donbas region in the east, anotherfront is potentially building up. the bbc�*s gabriel gatehouse has this report on ukraine's northern border with belarus. but it could still be some situation. we will fight. if you want peace, you should be prepared for the war. the border with belarus stretches for over a thousand kilometres....
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Feb 25, 2022
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katie prescott. if you want to _ issue. thank you very much. katie prescott.t this morning we had frost and icy stretches around, the rest of the day is looking dry and settled. a ridge of high pressure which is bringing largely dry, quiet day today. blue skies and sunshine around. and it will feel a little bit warmer than recent days. less of a breeze. quite a cold air mass with those at the moment. we have a warm front trying to move in from the north—west. most places are dry, as you can see, quite a lot of sunshine. clouds drifting in from northern ireland and later on in to the west of scotland, with some rain in the far north—west. the breeze picking up a year. lighter wind elsewhere. we are seeing the wind coming in from a west or north westerly direction. top temperatures today somewhere between eight or 12 degrees for most of us, but it will feel warmer than recent days because we will have lost the wind chill, and it is mostly dry, the rain confined to western scotland later on this afternoon. through this evening and overnight, we will keep the clou
katie prescott. if you want to _ issue. thank you very much. katie prescott.t this morning we had frost and icy stretches around, the rest of the day is looking dry and settled. a ridge of high pressure which is bringing largely dry, quiet day today. blue skies and sunshine around. and it will feel a little bit warmer than recent days. less of a breeze. quite a cold air mass with those at the moment. we have a warm front trying to move in from the north—west. most places are dry, as you can...
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our business correspondent katie prescott is here. usiness really is stark isn't it. it katie, the pressure on business really is stark isn't it.— really is stark isn't it. it is, 596 sounds like — really is stark isn't it. it is, 596 sounds like a _ really is stark isn't it. it is, 596 sounds like a lot, _ really is stark isn't it. it is, 596 sounds like a lot, but - really is stark isn't it. it is, 596 sounds like a lot, but when i really is stark isn't it. it is, 596. sounds like a lot, but when you really is stark isn't it. it is, 596 - sounds like a lot, but when you look at the cost pressures that businesses are facing, they are quite extraordinary rises, going on in energy, transport and the cost of products, if you look at some the numbers gas prices have gone up 250% in a year, if you were going to send a shipping container before the pandemic it would have cost $2,000, now it is more like 10,000. it is inevitable the price pressure also feed through to customers but there is no doubt this is a difficult time for house hole, b
our business correspondent katie prescott is here. usiness really is stark isn't it. it katie, the pressure on business really is stark isn't it.— really is stark isn't it. it is, 596 sounds like — really is stark isn't it. it is, 596 sounds like a _ really is stark isn't it. it is, 596 sounds like a lot, _ really is stark isn't it. it is, 596 sounds like a lot, but - really is stark isn't it. it is, 596 sounds like a lot, but when i really is stark isn't it. it is, 596. sounds like a lot,...
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here's katie prescott. frankie was 15 when she took her own life in 2018.erwards, her parents had her laptop forensically checked. we realise that she had been accessing stuff about self—harm and suicide in appalling stuff and we had no idea in the school had absolutely no idea. stories like these are behind plans to toughen up regulations online. tech companies will face fines of up to 10% of their turnover if they don't take their material relating to drugs and arms dealing, in committing suicide, fraud and revenge porn. —— encouraging suicide. those sending threatening messages like the racist abuse of footballers last year will face prosecution, as will people at the companies themselves. the organisations will have to name individuals— the organisations will have to name individuals who will be responsible within_ individuals who will be responsible within those organisations for complying with the legislation if they continue to flout those, those named _ they continue to flout those, those named individuals will be responsible and could face up to fi
here's katie prescott. frankie was 15 when she took her own life in 2018.erwards, her parents had her laptop forensically checked. we realise that she had been accessing stuff about self—harm and suicide in appalling stuff and we had no idea in the school had absolutely no idea. stories like these are behind plans to toughen up regulations online. tech companies will face fines of up to 10% of their turnover if they don't take their material relating to drugs and arms dealing, in committing...
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Feb 26, 2022
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katie prescott, bbc news.rds stop english from using swift. let's now turn to america where president biden has been speaking about the ukraine crisis again saying pete has deeply miscalculated and his actions have only served to unify opinion against him. we can bring in our correspondent in washington. hi, jane. what model we had from the president? i jane. what model we had from the resident? ~' ., , president? i think the most significant _ president? i think the most significant thing _ president? i think the most significant thing today - president? i think the most significant thing today is . president? i think the most| significant thing today is the president? i think the most - significant thing today is the fact that they are authorising what has been described as an unprecedented third round of security assistance using special presidential powers known as the presidential drawdown authority which totals $350 million of military assistance which has been described by the state department as a pack
katie prescott, bbc news.rds stop english from using swift. let's now turn to america where president biden has been speaking about the ukraine crisis again saying pete has deeply miscalculated and his actions have only served to unify opinion against him. we can bring in our correspondent in washington. hi, jane. what model we had from the president? i jane. what model we had from the resident? ~' ., , president? i think the most significant _ president? i think the most significant thing _...
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our business correspondent katie prescott is here.eed and perhaps not surprising either when you look at all of the cost pressures that businesses are under at the moment. we heard john allen mention energy and that is massively significant. businesses don't have the energy price caps so businesses having to negotiate their contracts at the moment at a time of record gas prices are really struggling and then when you look at rising transport costs and rising wage bills, it's not surprising that at some point these price rises have to feed through to the customer and asjohn allen said they've been working hard to make sure it doesn't happen but it's inevitable it will over the coming months. flit happen but it's inevitable it will over the coming months. of course, this comes — over the coming months. of course, this comes at _ over the coming months. of course, this comes at the _ over the coming months. of course, this comes at the end _ over the coming months. of course, this comes at the end of— over the coming months. of course, th
our business correspondent katie prescott is here.eed and perhaps not surprising either when you look at all of the cost pressures that businesses are under at the moment. we heard john allen mention energy and that is massively significant. businesses don't have the energy price caps so businesses having to negotiate their contracts at the moment at a time of record gas prices are really struggling and then when you look at rising transport costs and rising wage bills, it's not surprising that...
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Feb 26, 2022
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katie prescott, bbc news.ust a really heartbreaking situation, and we're fighting for europe. it feels like we are fighting for the whole world. we don't have enough people. for oleksandra, it brings back painful memories of when she and her family fled eastern ukraine in 2014 as fighting started in the donbas region. i was sitting under the table at eight years old, and now i'm 15 and i'm already disappointed that all of this is happening in the world. i don't want to face the second time. at the ukrainian social club in manchester, people are trying to stay strong, but there's a feeling of helplessness. my mother is there, and she said, "i am not going anywhere, "i am staying here," and she's disabled — she even can't go anywhere. hi, 0ksana. wolodymyr has been trying to get his wife 0ksana back to manchester. she had flown out to ukraine to visit her parents and son just before conflict broke out. her flight back was cancelled. she was forced to drive to the polish border. she's got through the border, thro
katie prescott, bbc news.ust a really heartbreaking situation, and we're fighting for europe. it feels like we are fighting for the whole world. we don't have enough people. for oleksandra, it brings back painful memories of when she and her family fled eastern ukraine in 2014 as fighting started in the donbas region. i was sitting under the table at eight years old, and now i'm 15 and i'm already disappointed that all of this is happening in the world. i don't want to face the second time. at...
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Feb 26, 2022
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katie prescott, bbc news.sident putin. do you agree? h sanctions always take time to bite. there is always more that we can and should do. i think every effort should do. i think every effort should be made to expel russia from the swift system, that has just been mentioned, and fundamentally, we need those countries in europe that are more reliant on russian oil and gas than we are to really find ways of weaning themselves off it, find alternative suppliers, and really start to cut off their oil and gas imports from russia. that is where we will really start to hurt the russian economy which is massively over reliant on russian oil and gas, doesn't really have anything else to offer. there is much more that can and should be done. it is of course frustrating in many ways, because sanctions take time, but we are seeing tremendous resistance by the braid ukrainian forces and i think mr putin is realising that if he thinks he can occupy ukraine, he will have a population that gives his consent to that, he has go
katie prescott, bbc news.sident putin. do you agree? h sanctions always take time to bite. there is always more that we can and should do. i think every effort should do. i think every effort should be made to expel russia from the swift system, that has just been mentioned, and fundamentally, we need those countries in europe that are more reliant on russian oil and gas than we are to really find ways of weaning themselves off it, find alternative suppliers, and really start to cut off their...
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Feb 26, 2022
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katie prescott, bbc news. it sounds like the us and uk are _ ukraine? suddenly it sounds like the us and uk are willing _ ukraine? suddenly it sounds like the us and uk are willing to _ ukraine? suddenly it sounds like the us and uk are willing to take - ukraine? suddenly it sounds like the us and uk are willing to take that i us and uk are willing to take that step but it seems that some eu member state are not and that is perhaps because they are dependent on russian gas as an energy source. some of them are nearly entirely dependent on russian gas and have no other option. dependent on russian gas and have no other option-— other option. when you say that you mean the germans _ other option. when you say that you mean the germans and _ other option. when you say that you mean the germans and the - other option. when you say that you mean the germans and the italians, | mean the germans and the italians, to some extent as well? yes. germany is not even one — to some extent as well? yes. germany is not even o
katie prescott, bbc news. it sounds like the us and uk are _ ukraine? suddenly it sounds like the us and uk are willing _ ukraine? suddenly it sounds like the us and uk are willing to _ ukraine? suddenly it sounds like the us and uk are willing to take - ukraine? suddenly it sounds like the us and uk are willing to take that i us and uk are willing to take that step but it seems that some eu member state are not and that is perhaps because they are dependent on russian gas as an energy source....
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Feb 26, 2022
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katie prescott, bbc news. a reminder of our main story. sirens and the rumbling of artillery fire can be held in the capital. ukrainian soldiers are taking up defensive positions on the outskirts to withstand russian advance. we will be back in the next few minutes. high pressure is the dominant feature across much of england and wales this weekend meaning fine, dry conditions. a good feel of sunshine. this is nottinghamshire a few hours ago. a slightly different story across scotland and northern ireland. an approaching front. you can see in the earlier satellite picture this cloud draped across scotland and into northern ireland, just pushing into the far north of england. bringing a bit patchy, light rain at times. you can see this area of high pressure drifting eastwards over the next 24—48 hours as this frontal system starts to push eastwards. a blustery picture across scotland into northern ireland this afternoon. some drizzle but further south and east is where we keep the best of the sunshine but the winds will be picking up partic
katie prescott, bbc news. a reminder of our main story. sirens and the rumbling of artillery fire can be held in the capital. ukrainian soldiers are taking up defensive positions on the outskirts to withstand russian advance. we will be back in the next few minutes. high pressure is the dominant feature across much of england and wales this weekend meaning fine, dry conditions. a good feel of sunshine. this is nottinghamshire a few hours ago. a slightly different story across scotland and...
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katie prescott told me the move was highly significant.kes it very difficult for western companies who want to buy mission energy to pay them, so the solution may have come up them, so the solution may have come up with is to just cut certain of russia's banks out of the system and we will get more details on how exactly that will work tomorrow. the idea being that blowback were collateral as it were for western companies will be limited. in collateral as it were for western companies will be limited. in terms ofthe companies will be limited. in terms of the impact. _ companies will be limited. in terms of the impact, this _ companies will be limited. in terms of the impact, this was _ companies will be limited. in terms of the impact, this was tried - companies will be limited. in terms of the impact, this was tried once l of the impact, this was tried once before against iran, it had a major, a 30% hit on their economy. so that is the prospect but one of the worries, the hesitations of doing this is china has a similar secondary system a
katie prescott told me the move was highly significant.kes it very difficult for western companies who want to buy mission energy to pay them, so the solution may have come up them, so the solution may have come up with is to just cut certain of russia's banks out of the system and we will get more details on how exactly that will work tomorrow. the idea being that blowback were collateral as it were for western companies will be limited. in collateral as it were for western companies will be...
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Feb 27, 2022
02/22
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BBCNEWS
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our business correspondent katie prescott told me more there has been pressure on bp from the britisha divestment, so they are taking rosneft off its books. at the moment, it accounts for about a fifth of its profits. but we don't quite know where it is going. one of the difficulties that bp has quietly said this week is it is very difficult to get rid of a share like this, because ultimately, if you are selling something, you need a buyer, and who might buy a share like this? perhaps someone that you might not want to sell to. so, clearly, the solution they have come up with is taking it off its books, and as i say, taking it out of its accounting and as a result, taking a hit of about $20 billion. is that the limit of bp's involvement in russia more broadly? they have about 200 people working there, but they do receive quite a significant dividend from rosneft. so one of of the things they are saying in the release today is they will stop getting that money. they have, or people close to bp have said to me in the past, that, actually, it is more of an accounting thing. because they
our business correspondent katie prescott told me more there has been pressure on bp from the britisha divestment, so they are taking rosneft off its books. at the moment, it accounts for about a fifth of its profits. but we don't quite know where it is going. one of the difficulties that bp has quietly said this week is it is very difficult to get rid of a share like this, because ultimately, if you are selling something, you need a buyer, and who might buy a share like this? perhaps someone...
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Feb 27, 2022
02/22
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katie prescott, in terms of the significance of this move, take us through it.ross borders. it really is universal, absolutely nothing like it. the reason western governments have been holding back at cutting russia off from it is because these systems work both ways. so it makes it harderfor russian businesses to get paid for their goods but also makes it very difficult for western companies who want to buy mission energy to pay them so the solution they have come up them so the solution they have come up with is to just cut certain of russia's banks out of the system and we will get more details on how exactly that will work tomorrow. the idea being that the blowback or collateral as it weren't for western companies will be limited. in terms ofthe companies will be limited. in terms of the impact. _ companies will be limited. in terms of the impact, this _ companies will be limited. in terms of the impact, this was _ companies will be limited. in terms of the impact, this was tried - companies will be limited. in terms of the impact, this was tried once l of t
katie prescott, in terms of the significance of this move, take us through it.ross borders. it really is universal, absolutely nothing like it. the reason western governments have been holding back at cutting russia off from it is because these systems work both ways. so it makes it harderfor russian businesses to get paid for their goods but also makes it very difficult for western companies who want to buy mission energy to pay them so the solution they have come up them so the solution they...