i'm ben thompson. this is your business news. energy firm, edf is to raise the price of electricity for the second time this year for its customers on standard tariffs. from the 21st ofjune, edf customers was the electricity prices rise by 996 was the electricity prices rise by 9% and gas prices will go up by 5.5%. tesco has reported a fall in full—year pre—tax profit after it was fined for overstating its profits in 2014. the supermarket giant says a charge of £235m and other costs associated with closing stores and paying redundancy pushed profits down nearly 30%. without those charges, the supermarket‘s underlying profit was up 30%. unemployment in the uk remained unchanged at 4.7% in the last three months. but rising inflation is wiping out any growth in wages. inflation statistics released yesterday showed inflation was running at 2.3 per cent, just above the bank of england's 2% target. there are so many percentages to get through there! let's start with tesco. its profits are up despite having to pay a big fine. sup
my colleague ben thompson has been out and about in devon looking at how we could be working smarter to boost economic output. welcome to devon. we are talking about how the uk can solve what is known as the productivity puzzle. how do we get businesses here to be more productive without simply asking workers to do a bit more, work order? it is about getting them to work a bit smarter, too. this is exactly what they have been doing at this plant. barry is the boss, good morning. how do you improve productivity? we are surrounded by a lot of people here, but also machines. is it about buying robots to do the job? buying robots helps, but it takes time. it is about doing things differently. automation, robot loading is one thing. new software programming, as you have seen on some software programming, as you have seen on some of the bigger machines, reduces cycle time. it's about, how do we do things quicker? rather than all of that time being used up doing relatively mundane tasks like loading machines, you can now deploy the staff to do betterjobs that will add more value to the busi
american golfer lexi thompson says she did not intend to break tournament rules that the first major of the year. she was penalised for macro strokes and missed out on the title, after a television viewer spotted an infringement. roger federer plans to take a short break after beating rafa nadal the win the naomi —— miami 0pen. he has moved up to number four naomi —— miami 0pen. he has moved up to numberfour in the naomi —— miami 0pen. he has moved up to number four in the world but says he is unlikely to play again until the french open at the end of may. i will be back just the french open at the end of may. i will be backjust after half 11 with more on. significant restrictions on the use of bail by police in england and wales come into force today. the amount of time a suspect released from custody can remain on bail will be limited to 28 days in most cases. the decision is in response to concerns that people were being left in limbo for months or even years. but police have questioned the move, as our home affairs correspondent, june kelly, reports. famous faces who'
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