00:01Yeah, the details of the panel being put out later this, but I think it's really important that that is
00:08there because we need the, how do you look up to here, do you look up to here, right, right,
00:22what are you doing, and we're doing our work at the EU on how we can get super,
00:28people will sense, you will sense, I think that the longer this goes on, the more likely the potential for
00:36an impact on our economy, impact into the lives and households of everybody and every business, and our job is
00:44to get ahead of that, to look around the corner, assess the risks, monitor the risks, and work with others
00:49in relation to that.
00:50So I do understand the anxiety now, nine days into this conflict, where a number of people will be saying,
00:56well, now is the situation going to get worse, and how's it going to impact me and my family?
01:03The moment what we're doing is monitoring the risk, working with others to mitigate the risk, the Chancellor is talking
01:11to the Bank of England every day to make sure that we're ahead of that.
01:15I would just say on energy prices for households, the energy price cap is in place until June, and therefore
01:23we're not anticipating that that is going to change,
01:27which will give a degree of reassurance, but of course businesses and others will be concerned to watch carefully what's
01:33going on.
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