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World Business Report: First broadcast 08/09/2022 14:32 GMT : New UK PM announces energy support package

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First broadcast 08/09/2022 14:32 GMT 

First broadcast 08/09/2022 14:32 GMT : New UK PM announces energy support package

New UK PM announces energy support package

BBC World Service - World Business Report, New UK PM announces energy support package

Liz Truss announces scheme for households and businesses to deal with energy costs

UK energy support scheme means household bills will be capped at £2,500 annually until 2024. Businesses will get help, but for six months

The UK’s new Prime Minister Liz Truss used her second day in office to unveil a huge energy support package, which could cost up to $170bn. Household energy bills will be capped at £2,500 annually until 2024, and businesses will get help for six months. The BBC’s International Business Correspondent Theo Leggett talks through the plans. 
The ECB dramatically raised interest raised to try and curb inflation. We hear reaction to the decision with Stefan Schneider from Deutsche Bank Research. 
A large oil tanker floating off the coast of Yemen is at risk of imminent collapse. The UN has been raising funds and has almost reached its total to start an emergency operation, which is hoped will save the Red Sea from massive damage. We hear an update from the UN’s Humanitarian Coordinator in Yemen David Gressly. 
As another craft beer company is bought up by a beer giant we hear from expert Melissa Cole if this trend is good for the industry.
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First broadcast 08/09/2022 14:32 GMT : New UK PM announces energy support package

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