Cost of living: Why big energy profits don’t mean lower bills
This Is Why
Sky News
4.0 • 552 Ratings
🗓️ 11 August 2022
⏱️ 22 minutes
🧾️ Download transcript
Summary
On the Sky News Daily, Saima Mohsin is joined by our business correspondent Helen-Ann Smith to help explain why profits don’t mean lower bills.
Also on the podcast are Ecotricity founder Dale Vince, Dr Adi Imsirovic, a senior research fellow at the Oxford Institute of Energy Studies, and Gemma Hatvani, from Energy Support and Advice UK.
Producer: Soila Apparicio
Interviews producer: Madeleine Drury
Podcast promotions producer: David Chipakupaku
Editor: Philly Beaumont
Transcript
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| 0:00.0 | Okay, who's all in for cancer research UK's Race for Life? |
| 0:03.4 | We're doing pretty muddy. |
| 0:04.6 | It's an obstacle course. |
| 0:05.6 | There's one for kids. Runners. Walkers. Book clubbers. Nickclubbers. Temping bowlers. Gardners. Whether you climb it, slide it or crawl it. Go all in against cancer. All in to help fund life-saving research. Join our London events throughout the summer. Sign up now from just £14.99. |
| 0:22.7 | Visit racefor-14.99. |
| 0:22.7 | Visit racefor-life.org. |
| 0:25.0 | Prices vary by event distance and participant age. |
| 0:30.8 | When an offender is released, the probation service keeps them on track |
| 0:35.3 | so they can find a place to live, which gives them |
| 0:39.3 | the stability to say no to old habits, making them more likely to attend their supervision |
| 0:46.0 | meetings. And all of that ripples out to make the community a better place to live. |
| 0:53.3 | Search probation service jobs to find out more. |
| 0:56.9 | An extraordinary job than by someone like you. |
| 1:02.0 | Shell made profits of £9.5 billion. |
| 1:06.0 | BP made profits of $6.9 billion. |
| 1:08.4 | The Bank of England Governor thinks we are facing a historic squeeze as a result of this |
| 1:12.6 | energy crisis. |
| 1:13.6 | The typical energy bill is going up by £700 next month. |
| 1:17.7 | In the short term, the UK stuck with these energy prices. |
| 1:20.9 | People watching will be thinking and feeling anxious that they're going to have to just |
| 1:25.3 | wait until they see how much this price cap is going |
| 1:28.7 | to increase by how much more their bills are going to increase by. |
... |
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