Apple's price crunch

Wake Up to Money

BBC

Business

4.4 • 754 Ratings

🗓️ 20 February 2025

⏱️ 53 minutes

🔗️ Recording | iTunes | RSS

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Summary

Apple has launched its latest iPhone, which will have new "affordable" hand set with AI tools. It will go on sale in the UK next Friday starting at £599, which is £200 less than the brand's current cheapest iPhone 16 device, released in September.

Energy regulator, Ofgem, has taken the next step in its proposals to change the way customers pay for standing charges. They make up that fixed part of your gas and electricity bill which you pay regardless of how much energy you use. The flat charge is there to cover the cost of delivering gas and electricity.

Ofgem's plans will mean individual bill payers have a choice: keep paying the standing charge as it is, or pay a share of the standing charge according to how much energy you use. The plan will be welcomed by those who don't use much energy - but there are concerns the proposals may not help everyone.

Transcript

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0:00.0	Eleven climbers appeared to have died on the world's second highest mountain K2.
0:06.0	It was one of the deadliest days in mountaineering history.
0:10.0	Rock falls, avalanches.
0:11.0	Huge pieces of ice. All are big enough to kill you.
0:14.0	He just flew out into Devoid and he was gone.
0:17.0	How did it all go so wrong?
0:19.0	And is it really worth risking death to feel alive?
0:22.3	Why would somebody pay to go to a place called the death cell on a vacation?
0:27.4	Extreme.
0:28.3	Peak Danger.
0:29.3	With me, Natalia Melman Petrazella.
0:31.8	Listen to the full series now.
0:33.4	First on BBC Sounds.
0:36.1	BBC Sounds, music, radio, podcasts.
0:40.3	Wake Up to Money from BBC 5 Live.
0:43.7	Hello, morning. Welcome to Wake Up to Money coming up today.
0:47.7	This is iPhone 16E.
0:50.7	Yeah, we'll be taking a closer look at what's actually new in the new iPhone 16E and how much it does embrace AI.
0:57.5	And AI might be huge in Cupertino, but it's also heading to the Catwalks of London Fashion Week.
1:03.0	We'll be front row as the event gets underway a little bit later on today.
1:06.4	And also on Wake Up to Money, the regulator has put energy companies on notice over standing charges.
1:12.1	How might your electric bills change as a result? We'll be taking a look.
	...

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