A Nobel Scientist On The Road With...

Really Good Company. And trying to persuade us that good booze costs

more. Frazer Thompson has helped put the fizz into English wine.

He's managing director of Chapel Down.

Members of the army are to be trained to deliver fuel to petrol

stations across the UK, in case the regular tanker drivers walk out on

strike. 2,000 drivers are voting on industrial action. That's about 90%

of those who deliver the petrol we use. The ballot ends tomorrow. A

number of your supermarkets also have petrol forecourts attached to

them. On you making contingency plans? We always have those plans,

going back to 2000, when there was the last action. Yes, the key thing

is making sure we have as much fuel below the ground as possible. The

same is true for motorists. They need fuel in their petrol tanks.

The concern is and we saw this in previous episodes, is that when

people start to fear that petrol supplies may be limited, they panic

buy more than they need. You do get a bit of luck but it is not as bad

as is sometimes painted. The British public are pretty sensible

and they expect, as to why, that the parties will get around the

table, the union and the employers, there are 2000 drivers. There are a

multitude of employers. They will find a resolution. The discussions

continue. What is your understanding of how discussions

are going and what the issues at the heart of this dispute are?

Clearly the union are putting it to her vote at the moment. If they get

a majority in favour of a strike, that will give them leverage in

negotiation but I would hope they would get round that table and

resolve the dispute. It is a relatively small number of tanker

drivers. They are highly trained, specialist but they are also the

very best paid drivers in the UK. They have been for many years. The

British public will expect a sensible resolution from the

decision. If there is a strike, if it does come to that, how long can

your stores go without fresh supplies? Typically, petrol

stations will have between three and five days and there is probably

more pits -- petrol in people's cars than there is underground in

petrol stations. We are only talking about a small number of

days. That has won a government Colin Shaw in the Tona drivers have

been trained, so that they can have a fall-back -- that is why

governments have made sure there is a fall-back of petrol. For anyone

running a business at the moment, if you foresee that this is not

going to be an issue, automatically you are thinking takings will be

down and it is a big challenge. I hope taken to a resolution quickly.

It is not just drivers who may not be able to get to work, if it comes

to that, it is also deliveries, supplies for your businesses.

Deliveries of beer and wine, tractors, which spray fields. The

implications of no fewer are very serious. -- of no fuel.

Time for Boom or Bust, our quick flick through some of the news

you'd rather have missed this week. This may look like a stunningly

gracious sculpture of a winged angel. But it is made entirely out

of fat. It took a chef 180 hours to make and includes 500 individual

feathers. The fat is apparently recycled, it doesn't say from where.

Hopefully not from liposuction. Here's a cemetery that's closed for

business. In this Italian village it is now illegal to die. The Mayor

issued the edict because the graveyard has run out of space.

Plans are being drawn up to extend the site but until then people will

just have to wait. So far two residents have defied the ban.

Tea anyone? This is likely to be the world's most expensive tea.

It's being grown using panda poo which the creators say will make it

healthy. If you still fancy a sip it will cost you just over �100 a

cup. The statue, clearly a lot of talent

and a lot of skill went into this. Is there a secret skill that you

wish you had? It would be to read people's minds over and above, I

guess, day-to-day stuff. If I could read clients' minds, it would make

life a lot easier. Clients sometimes had difficulty expressing

their needs? Also that you can get a negotiating advantage? A bit of

bite. Having the advantage helps but if you can't go beyond what

they are saying, either through body language or verbally, it puts

the head. What secrets can we do have? And not quite sure I need an

extra skill. I'm always puzzled, why is this guy made his

beautiful... At a fat? He is clearly extremely talented. For me

it is a question of getting the right medium, the right message.

That would be what I would learn from this. Trying to nail it,

trying to get something right but making sure that every bit of that

is rare. That is the bit that you've got to concentrate on.

you need that perfection? You do because you can make the most

fantastic decision at the wrong time. Odyssey not fantastic! You

can make fantastic things happen but if the timing isn't right or

the medium isn't right for the people are not right, there are all

sorts of things which can go wrong and that is a perfect example of

something that beautiful but made out of fat! You Mentor

entrepreneurs. Is this something you mention, the detail? Definitely

but I like the idea is no doubt offer. It is human flesh so I like

it. It gives it an edge. They always say retailers detail. It is.

Attention to detail is critical in your business as well. Yes, well,

hopefully not a secret skill. It is when we have to show every day,

focus on getting it right. One product at a time. We sell around

250 million items a week and every one of those has to have an

attention to make sure it gets to the shelf at the right time.

Realistically, how much attention to detail can we expect from the

chief executive? How much of those individual lines can you reasonably

be expected to know something about? It I think it is a really

important in a business like retail for the chief executive to be close

to disease cell. I spend a lot of time in our stores, talking to

customers and our colleagues who work in our shops. Knowing that

detail and waters spent is vital for the big decisions we have to

make. The second story looked at, the cemetery we looked at which is

closed for business. Devolving decisions to a local level is good,

isn't it? Sometimes it can go awry. The secret of a big business is to

half what we call freedom within a framework. You have to have rules,

a structure, but you also have to give your local managers and team

has the opportunity to deliver what customers really want at a local

level. Rules and regulations in your business. Don't get me

started! Why new rules and regulations... We have more wine

standards in the UK and then the whole of Bordeaux! They don't seem

to work in favour of the consumer. A you don't think they are

necessary to give consumers confidence? They do but if they

work against the interests of consumers understanding what they

are buying, they are not working. Too much red tape? That is a cry

for many entrepreneurs. A in the space that we work, it's all about

innovation and destruction. As much rule-breaking as we can do works

for us. Let's talk about the tea. Rarity is usually a great start.

You would think there would be a market but I don't think what -- I

don't know what it taste like and that would be fairly important.

Coffee beans half been passed through an animal before and has

been sold. Rarity I can live with because that is what English wine

is all about. His English wine seen as quickly? Yes, and different. It

is economic the rare which helps on the pricing front. I think it is

seen as a distinctive choice. It is a connoisseur's choice, a choice

that can probably help somebody be confident. Actually, what comes to

mind when you hear English wine? have a friend who has a vineyards

so absolutely love it. He worried convert? I am. -- You are a Conford.

It's a growing market. We are seeing a lot of demand for products

which have come from the UK. Wine, for whatever reason, has been a

burgeoning market in for a last few years. It has started to take off.

There is a lot of demand. And with the best will in the world, his

stuff isn't cheap. Money is tight and incomes are falling, how do you

persuade people to step up and pay a little bit more for something

that's new? In wine, people already appreciate that it can cost

anything from �3 to �4 a bottle to �30 to �40 a bottle in a

supermarket. Whilst it is not the cheapest, it is by no means the

most expensive. A lot of people's experience of wine will be buying

it in a restaurant where it might be three or four times as expensive

as the supermarket. In the scheme of things, is not that expensive.

It's an affordable treat. This is an interesting point of psychology.

Those fancy coffee machines that centre bull have in their homes, if

you work it out and buy your Gold blend at the same price, it would

be �90 a jar. And yet by making people think they are comparing it

with something from a shop, they think what terrific value. The

that's true more generally. cheapest calories you will ever buy

will be the basics in Sainsbury's right the way up to maybe a slap-up

dinner which very few people can afford in something like a top

London restaurant. There is a huge variety of prices and volume goes

with it. There is definitely a place for novel and interesting

products. In terms of that position in, and starting to see where you

fit because you're at one level competing with your rivals like

Tesco and Morrisons and Astor, on a value and cheapest price, but

you've also got Waitrose and Marks & Spencer up at this end. They see

their competition has not found the supermarkets but restaurants.

is what we... We sit in the middle. We deliver fantastic value for

money. Great prices on Brown's and our own labels but also a better

quality on the rest of the fresh fruit we sell. That is the reality

of what most shoppers do every week. Shoppers are trying to save money

on some of what they buy say they can still buy a special treat.

Keeping a few pennies may be a few pounds spare so they can some of

Fraser's wine, and maybe make it part of the portfolio of wines, is

just what customers are doing at the moment. When will we be at the

point when we can stop talking about austerity? It has a way to go

yet. Part of the reason I think that is that a lot of things people

have done to cope with this so- called new austerity, are good

things. We've seen a cut down on waste for example in the last year.

Eyes and think when household budgets get a little bit more money

in them people are going to say the first thing I'm going to do is

start wasting more food again. These are good habits, well-earned.

There are good for individual must -- customers and good for society

at large. I think some of these habits will stick for a very long

time. Some of the tax cuts in the Budget, the change in the starting

point macro for income tax saw a million more people now are not

paying income tax at all. Another 20 million people will see some

reduction in their tax bill this year because they paid a basic rate

of tax. Do you expect to see some of that money that is an Icesave

dinner packets coming into your tools? I think that measure is the

best news for voters and therefore it is good news for all retailers.

I don't think it will come back directed because so many households

are under so much pressure. We seen the first thing people do when they

have more money is put it by, if you like, for a special occasion.

But to think when we look forward to things like the Jubilee, there

Olympics, with got great that National Trust -- celebrations

coming up. I expect to see those be really well celebrated and part of

that will be because people have a little bit more money in their

pockets as a result of the Budget. You mention the Olympics. Big

stores like yours will be able to stay hold -- open longer. Do you

Even for the Olympics we are not sure that widening Sunday opening

hours are good. We think that current trading laws are a good

compromise. You can get the shopping you need. All our

colleagues work voluntarily. It means people can have a special day,

whether their families in the morning or in the summer months,

now the clocks have changed, getting away early and spending the

evening with the family. We are not pushing for a change. Some of your

stores may not open longer on Sunday during the Olympics, even

though you will be allowed to do so? We are not clear how the

regulation will be drafted, whether on a national level or only local

councils will be able to make the decision. You should not take it as

a given. We or most of our competitors will open across the

whole of the UK extra hours. I imagine those will that are very

close to Olympic sites. We only have a few of those. You want to

keep Sunday trading hours where they are? We think Sunday is a

special day. We think it is a good compromise. You can maintain that

if your rivals open for longer? competitive dynamic may change. The

Government has made clear it is only eight weeks. This is a Trojan

horse, isn't it? You mean you don't believe the clear assurances that

the Government have given? I have been known to scepticism. We will

continue to say that we think Sunday, as it stands should be

special and that the current laws work well. Let's look at some other

things the Chancellor had in his special red lunch box when he

opened it on Wednesday. That one line in the Budget about

simplifying VAT rules on food made it a very bad one for Gregs the

Baker. The possibility that VAT may be put on to pasties took away �30

million of that company's shares. Not good for anyone who likes to

have some booze after? There is a lazy option with keeping the duty

escalating, which puts alcohol 2 or 3% above inflation. He was putting

that... There was confusion that duty has gone up and more than

inflation, by 3% more than inflation, which means now that on

a bottle of wine costing �5 in Sainsburys, then duty on that will

be about �2.50. You charge so much any way; it is barely noticeable?

The more you spend on wine the more wine you get. That is a truism.

While we have the rule as they are, because we have the VAT, the more

you spend the more wine you are getting for your money. There is an

advantage on it. There are so many anomalys. We have sparkling wine,

it attracts 50p more on duty than still wine. The only difference is

carbon dioxide. Cider is differently taxed from beer. The

whole thing needs to be blown up and started again. Do you agree

with a minimum price for alcohol being a solution to binge drinking?

It is less about price than about behaviour. Minimum alcohol pricing

assumes elas tisty in demand, which I am not sure exists. So there is a

loot to be worked through not least talking about the duty elements.

The pubs which are desperate for help, so they will be pleased about

that. Because it will make supermarkets put prices up. Loans

for young people who want to set up their own business. It is only a

consultation, but it is a step along the way of something you have

campaigned for some time? Definitely. It is �10 million to

test out whether would work. It will be like student loans, so

friendly repayment terms. What it sends a signal, I think to the

wider general public is that entrepreneurship is a viable career

option. You think it is more important than the financial help?

It is as good as a degree? Definitely. There are so many young

people coming out of university now, who can't find a job, to actually

say, well I am going to start my own project, I am going to start a

business and see how it goes, that is really important in this current

climate. So many entrepreneurs fail in their first year. That is an

accepted part of being an entrepreneur, you learn through the

failure of early businesses. How can the Government be, or the

taxpayer be certain that these loans will repaid? They come with

training and a mentor, so it's not just money, saying here, run off

and make something happen. If you fail it's not the end of the world.

It is what you do next which is the most important thing. There's no

VAT on groceries, there is VAT on hot takeaway. There's no VAT on

warm sausage rolls, there's no VAT on the cold chicken you might buy

in your supermarket. Is there VAT on hot chicken? I forget where the

rules break out on this. It is very complicated. More of your groceries

have VAT on than you think. When the Government made VAT changes you

discover anomalies. My personal favourite is that pet food has VAT

on it, but not rabbit food. There's one to think about. We are good at

finding them this week. Thank you. Well the new series of the

apprentice started on BBC One. Weren't they ghastly. There might

be a world some might want to look up - wanwan. They talk the talk but

not -- wanwan, they talk the talk, but not -- wan wan, they talk the

talk, but not do the walk. Putting his money on the line - the boss.

Let's face it most of us watch the Apprentice to squirm in the light.

When it comes to business I can be like an animal and I will literally

roar my way to the top. They call me the puppeteer. I would call

myself "the blood assassin." Maybe they are 100% correct, but maybe

they are exaggerating a little bit. When it comes to business I am like

a shark. I am at the top of the food chain.Ly take whatever I want,

when ever I want it. I am the true reflection of perfection. Now it is

spilling over to real life. At the moment there is an increasing trend

in young people wanting to be entrepreneurs, by looking at the

media and various programmes like Dragons' Den, The aapprentice that

sort of thing. They say -- The Apprentice, that sort of thing. The

trouble is they have not necessarily got a sustainable

business yet. And so we have wannapreneurs,

taking initiatives, being all-round brilliant, but not always having

the experience to back it up. We met up with two former apprentices

and they know a thing or two about talking themselves up. I have

worked with noble peace winners. am a high achiever. I believe that

I can be the champion thorough bred that this process requires.

year on, what do people remember you by? Three things - are there

footsteps on the moon? Global - the fact I run a global company. It is

a global consultancy business. I run a global consultancy business.

And what do you actually do? They are my three things. People often

shout at me going down the street - oi, Jedi Jim, do you do what it

says on the tin? Away from the cameras, what is the best approach

for business - is it talking yourself up or letting the business

do the talking? Speak up. Focus on what you bring to the table, don't

rely on other people's weaknesss to make you look good. Jim? You have

to speak up. You cannot be a shrinking violet. In business you

have to be credible and believable. I often speak to students as an

ambassador for young enterprise and say "be yourself." Wannapreneurs

are no a bad thing according to Stuart Anderson. Before you go out

there and brand yourself on social media, make sure you have a

sustainable idea so you can be taken seriously. By day I am a

business superstar, by night I am a professional wrestler. When I am in

a group with men I am the alpha male. For the rest of us we have

another few months to keep us entertained and inspired, or even

motivated, incentivised, synergised, on message, going forward, 110%,

value added... You're fired. Next week, wise words

from the boz of Sage. Nearly one million companies rely on its

programmes to work on their Once again, the warmth felt in the

sunshine today. We saw 23 Celsius and clear skies in Aberdeenshire.

Misss and low cloud stayed in parts of eastern England, where we

struggled to get above six Celsius at times. The mist and low cloud

clinging to the east of England during the day will develop further

inland. There'll be the odd mist and fog patch elsewhere.

Temperatures will drop like a stone during the next few hours. Three to

seven Celsius first thing in the morning. Some places will be low

enough for a touch of frost. A crisp and sunny one across Scotland

and snorn. Watch out for fog patch -- Northern Ireland. Watch out for

fog patches. Foggy across north- east England, the Vale of York

could be especially so first thing. That may cause some problems.

Slightly greyer through the mid- lands, with misty, grey cloud.

Devon and Cornwall, some of you here could wake up to a grey start.

It will all shift through the morning. Most of the mist and fog

will clear. One or two patches towards the east. The rest of the

afternoon is about the warmth and sunshine. 4pm, highs of 19-20

Celsius. Definitely the high teens. Cooler around some of the eastern

coasts. One or two missed and fog patches.

17-19, maybe 20 Celsius on the north coast of Northern Ireland.

Another warm one across Scotland. Inland from, the east coast, parts

of Aberdeenshire could reach 22 Celsius or 23 Celsius. From the

warmth of day, we'll go through to the chill of the night. Watch how