Business Daily

On this edition of Business Weekly, we’re looking at BP’s latest results. The energy giant made a profit of $12.8bn last year - thanks mainly to surging oil and gas prices. This comes after a loss in 2020. We hear why some are calling for a ‘windfall tax’ - a one-off charge that would then be channelled to help struggling consumers battling price rises. We hear the response from BP, and comments from Connor Schwartz at Friends of the Earth and Tom Wilson from the Financial Times. Staying with rising bills, the BBC’s Tamasin Ford investigates the cost of living in different parts of the world. She hears how it is calculated and how increases in everyday essentials impact people in different ways. Also on the programme, we enter the world of fashion, and hear how some apps are trying to increase the sustainability of the industry by encouraging us to buy or rent second-hand. We get a tour of the technology from the BBC’s Justin Rowlatt and his daughter, Zola. Turkey is a country with soaring inflation. The cur