3 Aug 2023

UK: New oil and gas permits, interest rate hike expected

From Nine To Noon, 9:45 am on 3 August 2023

UK correspondent Harriet Line joins Kathryn to talk about the government announcing new licences for North Sea oil and gas reserves, which PM Rishi Sunak says is "entirely consistent" with net zero commitments.

Interest rates look set to be hiked again tomorrow, which will place further pressure on households. And plans to house asylum seekers on a giant barge have been delayed, amid reports it's been described as a "floating Grenfell". 

Harriet Line is Deputy Political Editor of the Daily Mail.

Offshore oil and gas, 5 pound note, asylum barge

Photo: Pixabay, Wikipedia