Browse content similar to 19/02/2016. Check below for episodes and series from the same categories and more!
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This is Business Live from BBC News with Victoria Fritz and | :00:08. | :00:09. | |
Will a deal be done to keep Britain in the European Union? | :00:10. | :00:16. | |
After the first day of a summit in Brussels ended without agreement, | :00:17. | :00:19. | |
to be done. Council says much work remains | :00:20. | :00:24. | |
Live from London, that's our top story Friday 19th February. | :00:25. | :00:41. | |
Would Britain's exports really suffer if it left the EU? | :00:42. | :00:46. | |
We continue the business debate over Brexit. | :00:47. | :00:49. | |
Also in the programme, the car-hire app Uber is losing | :00:50. | :00:57. | |
a billion dollars a year in China, so says the CEO. | :00:58. | :01:00. | |
And as always, we'll bring you all the latest | :01:01. | :01:06. | |
from the financial markets with a mixed. | :01:07. | :01:08. | |
And we'll be getting the inside track on the fluctuations | :01:09. | :01:13. | |
in the oil market, we're also going to be talking | :01:14. | :01:15. | |
about Norway having to dip into its savings pot. | :01:16. | :01:17. | |
Joining the ranks of Saudi Arabia and Russia all because they ain't | :01:18. | :01:20. | |
making as much money from oil nowadays. | :01:21. | :01:29. | |
And as HSBC unveils its new voice and fingerprint technology, | :01:30. | :01:31. | |
What do you think about the potential demise | :01:32. | :01:35. | |
Would you miss it or be overjoyed at its demise? | :01:36. | :01:38. | |
We start once again with the big debate over Brexit, | :01:39. | :01:51. | |
is Britain's future inside or outside the European Union? | :01:52. | :01:56. | |
As negotiations continue in Brussels we are focusing | :01:57. | :01:58. | |
Among the many thorny issues, it's perhaps the one that affects | :01:59. | :02:02. | |
businesses the most and it's been the subject | :02:03. | :02:04. | |
Pro-EU campaigners say leaving the EU would be catastrophic, | :02:05. | :02:12. | |
But the pro-Brexit lobby says that is mere scaremongering. | :02:13. | :02:18. | |
Let's show you some of the numbers involved. | :02:19. | :02:22. | |
At the moment, as a bloc, the EU represents Britain's biggest | :02:23. | :02:26. | |
trading partner, accounting for around half | :02:27. | :02:27. | |
EU membership gives Britain easy access to the markets of the 27 | :02:28. | :02:32. | |
But also to 68 other nations via free trade deals they hold | :02:33. | :02:39. | |
In all, that trade is worth a total of 670 billion dollars to the UK, | :02:40. | :02:48. | |
according to research compiled for the pro-EU lobby. | :02:49. | :02:50. | |
Now, pro-Brexit campaigners argue that of course, | :02:51. | :02:51. | |
Britain will continue to do business with all of those countries | :02:52. | :02:59. | |
and will negotiate new and even better trade terms with them. | :03:00. | :03:02. | |
To avoid losing out though it would have to agree at least 35 | :03:03. | :03:05. | |
separate trade agreements in a short space of time. | :03:06. | :03:16. | |
Uwe Combuchen is the Director-General of | :03:17. | :03:18. | |
the Brussels-based manufacturers' association CEEMET. | :03:19. | :03:19. | |
We're also joined by John Elliott, founder and chairman of the white | :03:20. | :03:24. | |
If Britain leaves the EU, is that it? Is that a catastrophe for | :03:25. | :03:52. | |
British business? Thank you very much for inviting us. CEEMET Is in | :03:53. | :04:01. | |
the technology based industry. Yes, to reply, it would be a catastrophe, | :04:02. | :04:07. | |
lose, lose not only for EU manufacturers that manufacturers in | :04:08. | :04:14. | |
the UK. There is a lot of talk and a lot of emotions floated at the | :04:15. | :04:24. | |
moment. A lot of myth created. It would be an unfortunate situation if | :04:25. | :04:30. | |
we took this decision, if we took this decision to make it fit for the | :04:31. | :04:33. | |
future it would take this decision on the basis of such assumptions. | :04:34. | :04:39. | |
That is why we commissioned a study, academic research, work which shows | :04:40. | :04:44. | |
that the effect of the Brexit would be lose -lose situation for | :04:45. | :04:48. | |
manufacturers in all countries. Negative effect on trade, foreign | :04:49. | :04:54. | |
direct investment and extremely on productivity particularly for small | :04:55. | :04:56. | |
and medium-size businesses. I have your point, Uwe. There is a lot of | :04:57. | :05:08. | |
uncertainty. Nobody really knows. You are a business that contributes | :05:09. | :05:13. | |
to this X hundred and $70 billion that probably comes into the UK, | :05:14. | :05:18. | |
John. When we lose that kind of money? -- this $270 billion. I agree | :05:19. | :05:25. | |
totally. If you give two politicians and economists exactly the same | :05:26. | :05:30. | |
stats, they will prove something different. Look at it conceptually? | :05:31. | :05:36. | |
Is it a good idea? It does not make us better off, it is a failed | :05:37. | :05:42. | |
experiment. It adds cost, bureaucracy and more politicians. It | :05:43. | :05:46. | |
hasn't worked so far. It will never work. The best thing to do is | :05:47. | :05:51. | |
negotiate our way out of it. Uwe, Victoria here, in the UK, small | :05:52. | :05:57. | |
businesses account for about 80% of all economic growth, they are tired | :05:58. | :06:01. | |
and frustrated and disappointed and immobilised at a system that doesn't | :06:02. | :06:07. | |
work for them, they say. Isn't it reform within the EU rather than | :06:08. | :06:11. | |
Britain's relationship with it that is needed? I totally agree. The UK | :06:12. | :06:17. | |
should be needing this reform in the European Union. We have seen that | :06:18. | :06:23. | |
competitiveness should be at the top of the argument and here we see also | :06:24. | :06:27. | |
some positive sites and concrete signs from the European Commission, | :06:28. | :06:31. | |
for example, that they nominated a first vice president in regulation | :06:32. | :06:36. | |
response about this issue. In May, last year, he presented an important | :06:37. | :06:41. | |
and promising better regulation package and a refit agenda. A | :06:42. | :06:47. | |
stakeholder platform where stakeholders have the opportunity to | :06:48. | :06:51. | |
contribute to showing where legislation is adding red that has | :06:52. | :06:59. | |
to be cut. Also, how to improve forthcoming legislation. Is there a | :07:00. | :07:04. | |
need? Should we simplify existing legislation. S M Es are affected by | :07:05. | :07:14. | |
this and we invite you to contribute to this discussion and do it from | :07:15. | :07:17. | |
within the European Union rather than outside the European Union. In | :07:18. | :07:22. | |
the introduction, you mentioned the effects, positive points of | :07:23. | :07:27. | |
membership of the European Union from a business perspective, which | :07:28. | :07:31. | |
is a single market, vast single market. Also, leveraging trade | :07:32. | :07:35. | |
negotiations currently underway with regard to China. There are massive | :07:36. | :07:45. | |
positive signs from inside. Finally... Uwe sorry, we will have | :07:46. | :07:50. | |
to jump in there, we are running out of time. John, if Britain is out, | :07:51. | :07:57. | |
you will have to make all of these agreements, I know you don't like | :07:58. | :08:02. | |
the numbers but some suggest you need to make agreement with 35 | :08:03. | :08:06. | |
other... Fine what other organisation needs to make an | :08:07. | :08:10. | |
agreement with 27 other countries? Should we sell French wine or Scotch | :08:11. | :08:16. | |
whiskey? How can one organisation to side for 27 different economies, we | :08:17. | :08:20. | |
will do better ourselves. Most country in the world are outside the | :08:21. | :08:24. | |
EEA and have done better -- most countries. We would be better off | :08:25. | :08:28. | |
looking at the world globally -- outside the EU. We did talk about | :08:29. | :08:34. | |
this, as you both know, for a lot longer. The clock is ticking. Uwe | :08:35. | :08:41. | |
And John, thank you very much for joining us on business life. | :08:42. | :08:45. | |
Today is the deadline for US drone owners to register | :08:46. | :08:49. | |
with the Federal Aviation Administration. | :08:50. | :08:53. | |
In 2015, more than four million drones were sold around the world, | :08:54. | :08:56. | |
forcing regulators to take measures to protect safety and privacy. | :08:57. | :09:01. | |
That's just Aaron. That number of drones going on around the worlds. | :09:02. | :09:13. | |
Italian luxury brand Gucci reported a 5% increase in sales for the last | :09:14. | :09:16. | |
Results for the company came in above analysts' expectations, | :09:17. | :09:19. | |
despite fears that a slowdown in China would hurt | :09:20. | :09:21. | |
A quick look at the tablets, Uwe could talk, couldn't he? I thought I | :09:22. | :09:41. | |
did a good job! Uwe Can really talk. Talking about a man talking, Mario | :09:42. | :09:47. | |
Monti says leave the EU and become a big island. Former Italian Prime | :09:48. | :09:53. | |
Minister. Some of the comments coming out from our colleagues in | :09:54. | :09:55. | |
radio this morning, the debate radio this morning, the debate | :09:56. | :09:59. | |
really is whether or not we should protect producers or consumers. | :10:00. | :10:03. | |
Seems to be a debate opening up. This will go on and on. We just | :10:04. | :10:12. | |
mentioned Gucci sales, somewhat vague good news story for the luxury | :10:13. | :10:18. | |
market, so much concern among those luxury providers or producers, that | :10:19. | :10:21. | |
they would take big hits with the Chinese slowdown. Less spending. | :10:22. | :10:28. | |
There you go. Let's find out what is happening with Uber. Making big | :10:29. | :10:37. | |
losses Uber. , very careless of them. $1 billion per year. Hello, | :10:38. | :10:45. | |
Tim, he is in Singapore. I was expecting a female. How is Uber | :10:46. | :10:51. | |
losing money when Uber really doesn't own any thing? It is | :10:52. | :10:58. | |
interesting, we are so used to hear how much money investors have tipped | :10:59. | :11:01. | |
into Uber and how it is the world's most valuable start up. In some | :11:02. | :11:08. | |
markets it is the Redditch it issues or tax opposition but in China it is | :11:09. | :11:12. | |
competition that is posing the challenge. Guba operates in 40 | :11:13. | :11:18. | |
Chinese cities -- Uber operates. It is losing $1 billion per year | :11:19. | :11:23. | |
because of a really fierce local rival. Uber Says it is unprofitable | :11:24. | :11:29. | |
and it is trying to elbow out competition. They say it is bigger | :11:30. | :11:36. | |
and it has a better network in China. It is now past the break even | :11:37. | :11:41. | |
point in more than half of the 400 cities it operates in, in China. | :11:42. | :11:47. | |
There will be fierce competition for some time to come in that market. | :11:48. | :11:52. | |
The end of a three-day win streak for Wall Street and a slide in oil | :11:53. | :11:55. | |
prices sent Asian markets into retreat, but not by enough | :11:56. | :11:58. | |
Japanese shares were the hardest hit as the yen strengthened | :11:59. | :12:02. | |
Over in Europe, this is how markets have opened this morning. | :12:03. | :12:12. | |
Not great. The FTSE 100 Anita down a fraction. Let's head over to the US. | :12:13. | :12:19. | |
Let's head over to the US and hear from Michelle Fleury | :12:20. | :12:21. | |
about what will making the headlines in the business world | :12:22. | :12:24. | |
One sign that has been elusive so far and would show the economy is | :12:25. | :12:34. | |
returning to health is inflation. The US Labor Department releases its | :12:35. | :12:36. | |
latest consumer price index for January on Friday. The big drop in | :12:37. | :12:41. | |
energy prices, the data could show a slight decline in overall prices. | :12:42. | :12:47. | |
The call number which strips out volatile food and energy prices | :12:48. | :12:53. | |
should show moderate increases. Good news with the consumer Price index | :12:54. | :12:58. | |
eking out a modest 0.1% gain, the Fed may want to see further progress | :12:59. | :13:03. | |
but Ford continues to raise rates. Also out this Friday, first-quarter | :13:04. | :13:07. | |
earnings from agriculture and construction equipment making. | :13:08. | :13:13. | |
Joining us is Justin Urquhart-Stewart, Co-Founder | :13:14. | :13:16. | |
Director of Seven Investment Management. | :13:17. | :13:20. | |
Let's start on something you have been working on, little birdie tells | :13:21. | :13:29. | |
us. Negative interest rates. I knew there were a handful of central | :13:30. | :13:32. | |
banks but a bit more than that at the moment. About 25 countries would | :13:33. | :13:37. | |
seem to have, in terms of value, the economy is negative interest rate in | :13:38. | :13:42. | |
some form or another in some of their bronze. Negative interest | :13:43. | :13:47. | |
rate, at its most illogical, but ?1000 into a bank and you get less | :13:48. | :13:52. | |
coming back out. For the uninitiated watching around the world, the | :13:53. | :13:58. | |
central banks are saying don't give us your money, we will charge you if | :13:59. | :14:04. | |
you do this can be reflected in certain kinds of government bonds. | :14:05. | :14:08. | |
Why would you buy a negative government bond? You don't think it | :14:09. | :14:12. | |
will get worse, at least you will get something back, you think. The | :14:13. | :14:17. | |
other issue, central banks trying to say, here we are, trying to get the | :14:18. | :14:21. | |
economy moving again, we will make the rates even cheaper. The theory | :14:22. | :14:28. | |
is that it will work but that is not always the case. If it is as cheap | :14:29. | :14:34. | |
as this, I won't spend anything at all. People aren't buying government | :14:35. | :14:38. | |
bonds, the only people who benefit from this are good mattress | :14:39. | :14:45. | |
producers. Before you go, we are seeing a lot of volatility in the | :14:46. | :14:52. | |
pound. Also falls in the FTSE 100 and big banks like Goldman Sachs | :14:53. | :14:56. | |
backing the campaign to stay in the EU, how much concern is that in the | :14:57. | :15:01. | |
financial markets of the threat of Brexit? There is concern that | :15:02. | :15:06. | |
separate out. Will it affect the main stock markets? No, the FTSE 100 | :15:07. | :15:09. | |
is a global market as much as anything else. | :15:10. | :15:14. | |
Sterling is likely to be hurt by that or adjusted by that. Maybe | :15:15. | :15:21. | |
considerably. Then with that you then have Government debt, as well. | :15:22. | :15:26. | |
If sterling weakens, therefore, you find imports getting more expensive. | :15:27. | :15:30. | |
Some exports probably better value. There we go. Justin, you will come | :15:31. | :15:34. | |
back to take us through the newspapers. See you shortly. Still | :15:35. | :15:40. | |
to come, our economics correspondent is going to take us through the | :15:41. | :15:44. | |
latest turmoil in the oil markets. You are with Business Live from BBC | :15:45. | :15:45. | |
News. Millions of UK bank customers | :15:46. | :15:52. | |
will soon be able to access their accounts using voice | :15:53. | :15:54. | |
recognition and fingerprint technology in a major rollout | :15:55. | :15:56. | |
of biometric banking. HSBC says the development means | :15:57. | :15:58. | |
people will no longer have to remember a password | :15:59. | :16:00. | |
when they log on online, First Direct customers will be | :16:01. | :16:03. | |
offered the service within the next few weeks, while those who bank | :16:04. | :16:08. | |
with HSBC will be able to use it It means customers - | :16:09. | :16:12. | |
if they choose to use it - will no longer have | :16:13. | :16:15. | |
to use passwords. All our voices are unique and there | :16:16. | :16:28. | |
are about 100 characteristics, half are physical, the other half are | :16:29. | :16:32. | |
behavioural characteristics. So by measuring all those characteristics | :16:33. | :16:35. | |
the system can determine your voice is really yours. Great, let's do it. | :16:36. | :16:41. | |
So how would it fare in somewhere like this, a busy office maybe or | :16:42. | :16:44. | |
how about the BBC newsroom? Let's find out. Hello, this is Ben | :16:45. | :16:49. | |
Thompson. Hopefully this is going to verify my voice for the test of the | :16:50. | :16:56. | |
voice recognition system and will let me into my bank account. That | :16:57. | :17:02. | |
worked. How about somewhere with this with background noise that | :17:03. | :17:05. | |
could distort my voice. This is Ben... The really noisy one worked, | :17:06. | :17:09. | |
as well. What if someone is trying to get access to my bank account who | :17:10. | :17:14. | |
isn't me? Look who I have run into. Simon, let's see if you can get into | :17:15. | :17:19. | |
my bank account. My name is Ben than son. I would like to transfer all | :17:20. | :17:24. | |
funds in my account to the account of Simon McCoy. Not sure it's going | :17:25. | :17:33. | |
very well. It seems to work. Let's move on to other stories. ASDA has | :17:34. | :17:39. | |
seen its biggest drop in sales ever as the UK supermarket price war | :17:40. | :17:42. | |
rages on. ASDA says sales have dropped by 5. 8% in the final | :17:43. | :17:47. | |
quarter of last year after it was hit by rivals' heavy promotions on | :17:48. | :17:51. | |
beer and wine and fresh produce. The rise of the likes of Lidl and Aldi | :17:52. | :17:56. | |
continues to be a major problem for traditional high street names. | :17:57. | :18:00. | |
Looking at some numbers, it's staggering what's going on at the | :18:01. | :18:03. | |
moment. Some of the comments. I guess, lots of the analysts saying | :18:04. | :18:06. | |
the strategy for ASDA isn't working at the moment. They're saying that | :18:07. | :18:10. | |
the option not to go into things like the black Friday sales, for | :18:11. | :18:15. | |
example, have really come back to bite them. Compared to the year | :18:16. | :18:20. | |
before. When people went crazy for a telly. Unbelievable. | :18:21. | :18:31. | |
Our top story: In or out. Discussions in Brussels continue, | :18:32. | :18:37. | |
kind of going to the wire. We are looking at the question would | :18:38. | :18:40. | |
British trade suffer if it did come to a Brexit? In the meantime, let's | :18:41. | :18:45. | |
get the inside track on the oil markets. It's been a busy week for | :18:46. | :18:50. | |
the oil markets. In recent months we have seen the plunging price of | :18:51. | :18:53. | |
crude taking a heavy toll on governments and oil companies around | :18:54. | :18:57. | |
the world. This week there's been developments which suggest that the | :18:58. | :19:01. | |
slide in wholesale prices might be coming to an end. | :19:02. | :19:06. | |
Russia and Saudi Arabia have formed plans to freeze their supply to | :19:07. | :19:11. | |
global markets while an industry report has shown a surprise drop in | :19:12. | :19:20. | |
US inventories. Let's go straight to Andrew now and | :19:21. | :19:23. | |
can explain it better than some of that. | :19:24. | :19:27. | |
Andrew, good to see you, our economics correspondent. | :19:28. | :19:32. | |
At the beginning we had the meeting. Before the meeting oil price went up | :19:33. | :19:36. | |
because... Then it went down. Everybody was not going to come on | :19:37. | :19:41. | |
board. When the markets saw the conclusion of the meeting they took | :19:42. | :19:44. | |
the view it might not come to anything very much. The conclusion | :19:45. | :19:49. | |
was we freeze at January levels, don't cut. Freeze, provided others | :19:50. | :19:56. | |
do like Wise. Others being mainly Iran and Iraq? Those are the really | :19:57. | :20:01. | |
big ones, especially an issue with Iran. Iraq has already ramped | :20:02. | :20:04. | |
production up substantially, producing something in excess of | :20:05. | :20:08. | |
four million barrels a day. Historically Iran has tended to see | :20:09. | :20:15. | |
itself as a kind of - on a par with Iraq at least. They're producing a | :20:16. | :20:20. | |
good deal less. Something like more than a quarter below what Iraq is | :20:21. | :20:25. | |
producing. Of course, as Iran emerges from sanctions it's been an | :20:26. | :20:29. | |
absolute given that they would want to take advantage and start | :20:30. | :20:32. | |
producing more oil, selling more oil. The Iranian finance Minister | :20:33. | :20:40. | |
has been saying things that are vaguely supportive of the initiative | :20:41. | :20:50. | |
taken by the Saudis, the Russians and Venezuelans, but no commitment | :20:51. | :20:53. | |
Iran would take part. It's safe to assume Iran is going to take | :20:54. | :20:59. | |
advantage. OK. An agreement without all is in this case not an agreement | :21:00. | :21:03. | |
at all? It is striking in this episode of falling oil prices, which | :21:04. | :21:10. | |
really began back in June 2014, this is the first real tentative stirring | :21:11. | :21:17. | |
we have seen by producers at trying to take some co-ordinated action. We | :21:18. | :21:19. | |
have had meetings where you might have expected them to do something, | :21:20. | :21:23. | |
they have not. Norway, we have seen they have not. Norway, we have seen | :21:24. | :21:32. | |
Russia, and Saudi Arabia with oil price dipping into - Norway might be | :21:33. | :21:39. | |
dipping. It's worth about $800 billion. The Central Bank governor, | :21:40. | :21:43. | |
they're the ones who manage the fund, has been saying he reckon the | :21:44. | :21:48. | |
value might have peaked now. And he expects the Government to dip into | :21:49. | :21:55. | |
the tune of something like nine, ten billion dollars this year. They do | :21:56. | :22:00. | |
say they don't think at this stage they're going to have to sell assets | :22:01. | :22:06. | |
to generate this cash flow because asset sales by other Sovereign well | :22:07. | :22:10. | |
funds has been one of the things contributing to the volatility in | :22:11. | :22:13. | |
stock markets. They reckon in Norway they'll probably be able to do it by | :22:14. | :22:17. | |
finding cash out of dividends and so forth. Still it's a striking | :22:18. | :22:20. | |
development. We knew they would dip into it at some stage but it's been | :22:21. | :22:27. | |
sooner than we expected. Andrew, thank you very much. Now starting | :22:28. | :22:35. | |
with a few things, here is how to contact us. | :22:36. | :22:40. | |
We will keep you up to date with all the latest details with insight and | :22:41. | :22:43. | |
analysis from the BBC's team of editors right around the world. | :22:44. | :22:49. | |
We want to hear from you too. Get involved on the BBC business | :22:50. | :22:58. | |
live web page. We are on Twitter and Facebook. | :22:59. | :23:02. | |
Business Live on TV and online, whenever you need to know. | :23:03. | :23:09. | |
We have Justin back and we will have a quick look at some stories making | :23:10. | :23:15. | |
the business headlines. I want to talk to you again about what's going | :23:16. | :23:20. | |
on with HSBC and this voice recognition. We saw this story about | :23:21. | :23:27. | |
Ben showing us that it tuz work. I am sceptical about this. Because | :23:28. | :23:31. | |
most voice recognition technology, you end up with people being angry | :23:32. | :23:35. | |
shouting at devices. You will have to test it on Jon Culshaw, an | :23:36. | :23:42. | |
impersonator and see if he can test it. It's whether it is fingerprints, | :23:43. | :23:47. | |
whether it's the voice. We have bad enough trouble with the supermarket, | :23:48. | :23:51. | |
at least I do. Unexpected item in the bagging area. I have an argument | :23:52. | :23:56. | |
with an inanimate object and expect it to speak to me. I get worked up | :23:57. | :24:00. | |
with it. I am sure it will work most of the time, except when you really | :24:01. | :24:04. | |
want it to work and you are under pressure. You are probably trying to | :24:05. | :24:07. | |
do something else at the same time and it's not working. At that stage | :24:08. | :24:11. | |
what do you want to do? Speak to somebody. It will be like one of | :24:12. | :24:21. | |
those, when voice recognition, find me Victoria's address and find me | :24:22. | :24:27. | |
Bob's address? No! It makes you wonder what he does in his spare | :24:28. | :24:32. | |
time! Let's move on, shall we. A story in the FT, this is the art | :24:33. | :24:38. | |
market. Apparently the big auction houses are facing a shortage of | :24:39. | :24:41. | |
masterpieces and it's a real problem for them. I have offered them all I | :24:42. | :24:47. | |
possibly can, I have none left! The walls are empty. It wasn't too long | :24:48. | :24:55. | |
ago when we had both Sothebies and Christies were being convicted for | :24:56. | :25:00. | |
illegally fixing the prices and so I am always suspicious. They make | :25:01. | :25:05. | |
money on the way in and the way out. Now you have a competition called | :25:06. | :25:09. | |
online. People can find commissions are cheaper and it's easy to use and | :25:10. | :25:14. | |
you don't go through the show. So also there is a change going on. In | :25:15. | :25:19. | |
China they don't want all these smart western goods, they want | :25:20. | :25:23. | |
Chinese goods and so the demand for these really is beginning to come | :25:24. | :25:26. | |
off and people realise I am not spending that fee for that sort of | :25:27. | :25:31. | |
service. As an investment, it has waned a little. It was big in the | :25:32. | :25:35. | |
financial crisis. People like a solid asset to deal with. It's not | :25:36. | :25:43. | |
very liquid. Therefore No time for the third money. Doesn't | :25:44. | :25:47. | |
Have a great weekend. Always a pleasure. That's it from us today. | :25:48. | :25:55. | |
More business news throughout the day and the web page and World News. | :25:56. | :25:57. | |
See you soon. Have a lovely weekend. Hello. We start the morning on a | :25:58. | :26:13. | |
cold, frosty start and bright with sunshine but gradually clouds | :26:14. | :26:15. | |
increasing across western areas and will bring wet and windy weather | :26:16. | :26:20. | |
across the UK. We could see gales across coastal areas | :26:21. | :26:21. |