:00:00. > :00:08.This is Business Live from BBC News with Sally Bundock and Ben Thompson.
:00:09. > :00:19.EasyJet slips into the red, with terrorist attacks in Paris,
:00:20. > :00:21.Egypt and Brussels changing where and how we travel.
:00:22. > :00:37.Live from London, that's our top story today, Tuesday 10th May.
:00:38. > :00:40.Not so easy for EasyJet - the budget airline makes a loss
:00:41. > :00:42.as terrorist attacks and foreign exchange rates hit
:00:43. > :00:51.We will be talking to the boss to give you the long haul view.
:00:52. > :00:54.Also in the programme: Bruised Japan - one of the country's biggest
:00:55. > :01:02.And the trading day has begun in the European markets, all headed higher,
:01:03. > :01:05.we will explain why. We sit down with the boss of Toms
:01:06. > :01:13.to discuss why their 'one-for-one' campaign to donate shoes
:01:14. > :01:15.to children in need is setting And as EasyJet tips into a loss,
:01:16. > :01:20.we want to know have security fears Let us know, just use
:01:21. > :01:33.the hashtag #BBCBizLive. Budget airline EasyJet made a loss
:01:34. > :01:37.in the six months to April after passengers decided to stay
:01:38. > :01:40.away because of fears over possible terrorist attacks
:01:41. > :01:42.on European capitals. The airline made a loss
:01:43. > :01:45.of over ?24 million, that's around $34 million,
:01:46. > :01:48.in the period compared with a profit of ?7 million,
:01:49. > :01:52.or $11 million, last year. Carolyn McCall, the chief executive
:01:53. > :02:04.of EasyJet, joins me now Good to have you on the programme. I
:02:05. > :02:09.know that normally in this period of the financial year for an airline it
:02:10. > :02:13.is normal to make a loss. Last year making a profit was unusual. Still,
:02:14. > :02:17.a lot has happened in that time and it has changed the way we travel and
:02:18. > :02:23.where we go to, so talk us through it. Can I just say all airlines
:02:24. > :02:27.actually do make a loss in the first half of the year, especially the
:02:28. > :02:31.winter, and we are no exception. In the last decade, last year was the
:02:32. > :02:34.first time we went into profit. But if it wasn't for the foreign
:02:35. > :02:42.exchange movements against us, the pound softening against the euro, we
:02:43. > :02:48.would have made a ?5 million profit. Last year was a ?7 million profit,
:02:49. > :02:51.so despite those extremely difficult and tragic external events that you
:02:52. > :02:55.referred to, and we would include Sharm el-Sheikh in that because we
:02:56. > :02:59.are the only budget airline to fly their, which we do not do any more
:03:00. > :03:03.because we are not allowed to because of what happened there, and
:03:04. > :03:07.that followed by Paris and Brussels, despite all of that passengers have
:03:08. > :03:12.come back. Our load factor in the first half of the year, the number
:03:13. > :03:18.of people we fly on the plane, is 90%, exactly the same as last year,
:03:19. > :03:23.89.7%, so the volumes have come back. It is the pricing that remains
:03:24. > :03:29.under pressure. So, the consumers, this is a fantastic time to fly
:03:30. > :03:33.because everybody's pricing has come down because we are stimulating
:03:34. > :03:45.demand as a result of people perhaps taking longer to books and thinking,
:03:46. > :03:49.do I need to do that, particularly city to city. That happens for a few
:03:50. > :03:51.weeks after a tragic event, what we have seen in Paris and Brussels,
:03:52. > :03:53.regardless of the fact that Paris was city based, not an airline or
:03:54. > :03:56.airport event. It still has an effect on people where they just
:03:57. > :04:03.stop doing normal things for a period of time, and then it comes
:04:04. > :04:09.back. That is what we seeing. Just to talk about where we are going now
:04:10. > :04:12.and when we are going, as you said, we are booking our holidays, we are
:04:13. > :04:19.still travelling, but going to different places. It is fiercely
:04:20. > :04:24.competitive between you and your rivals as to where we are going and
:04:25. > :04:28.is there an issue of, is there the capacity, and argue virtually going
:04:29. > :04:33.to give seats away because some are said you have overcapacity to places
:04:34. > :04:38.like Spain? No, I don't think that is true. I think what is happening
:04:39. > :04:44.is that there is a shifting in terms of holidays, the capacity
:04:45. > :04:48.environment is better, nothing to do with the events we have talked
:04:49. > :04:55.about, it is the local environment. Even airlines that are not in great
:04:56. > :05:01.health long-term, legacy airlines, they will still keep a bit of
:05:02. > :05:06.capacity and the people driving that capacity are the low fares airlines
:05:07. > :05:11.like EasyJet. We are growing at 8% this year, that is a lot of growth.
:05:12. > :05:15.Our capacity is increasing and we are doing that because absolutely we
:05:16. > :05:20.can do that proper debate and give good returns to our shareholders. We
:05:21. > :05:24.have put our dividend up to 50% and we would not be doing that if we
:05:25. > :05:27.have looked to the future and did not see with confidence that we
:05:28. > :05:32.could continue to grow profitably. This summer, certainly, the shifts
:05:33. > :05:37.have been that people are more cautious about certain destinations,
:05:38. > :05:47.there is a big shift towards the destiny at macro Mediterranean,
:05:48. > :05:50.Italy, Spain, Greece -- a big shift towards the Mediterranean. Another
:05:51. > :05:56.example, our ski season this year was the best we have ever had, 40%
:05:57. > :06:01.of ski, amazing. OK, unfortunately we are out of time but we appreciate
:06:02. > :06:06.your presence, thank you for coming on the programme.
:06:07. > :06:09.With me now is Martin Alcock, director of the Travel
:06:10. > :06:16.Let's pick up on what we heard there, what struck the issue said it
:06:17. > :06:20.is about stimulating demand, airlines are stimulating demand. She
:06:21. > :06:23.said it is a fantastic time to book, but ultimately that means it is
:06:24. > :06:27.cheaper and its stuff is cheaper it is not good news for the firm is
:06:28. > :06:32.trying to make a profit from it. Absolutely right, big component of
:06:33. > :06:35.that is we are living through an unprecedented low fuel price
:06:36. > :06:48.environment at the moment and EasyJet have talked around ?50
:06:49. > :06:51.million worth of their fuel bill in the last six months, recycled into
:06:52. > :06:53.those lower fares to stimulate demand, so aeroplanes will always
:06:54. > :06:56.fly with that occupancy level, it is what price you have to charge to get
:06:57. > :06:59.people on that. And she was making the point that airlines tend not to
:07:00. > :07:01.do well in winter and rely on the summer season. But what evidence is
:07:02. > :07:05.there that people are changing their travel plans? Sally touched on this,
:07:06. > :07:10.we are still travelling but maybe going to destinations closer to
:07:11. > :07:13.home? Across the tourism sector you definitely see that, huge
:07:14. > :07:20.retrenching to mainland Spain, the Balearics, and fortunately for
:07:21. > :07:23.EasyJet they are strong in those areas already but it is competitive
:07:24. > :07:27.out there, the low-cost airlines all have planes they need to fill, they
:07:28. > :07:31.don't lose money when the planes are in the air so they are all looking
:07:32. > :07:35.to build to those destinations which means a huge capacity going in
:07:36. > :07:42.there. Some concerns about dynamics generally. Who is most vulnerable in
:07:43. > :07:48.the airline industry? Is it the budget side, people going away for a
:07:49. > :07:52.weekend, maybe for a city break, I imagine, correct me if I'm wrong,
:07:53. > :07:55.the legacy carriers, the likes of BA, Iberia, they have a lot of
:07:56. > :08:00.business class travel, you have got to go there for work, is it just
:08:01. > :08:04.discretionary travel that suppers? EasyJet have made a big play for a
:08:05. > :08:08.chunk of the business market, different dynamics in that.
:08:09. > :08:11.Traditionally EasyJet would have a lower cost base, more flexibility to
:08:12. > :08:15.move their roots, which is one good thing they have been able to come
:08:16. > :08:20.out of the north Aberdeen destinations, for example. EasyJet
:08:21. > :08:24.have a very strong balance sheet, lots of cash, they can afford a long
:08:25. > :08:28.period of competitive tension in that sector to fund some of the low
:08:29. > :08:32.prices for a period and some of the other airlines maybe don't have
:08:33. > :08:36.that. And the key is how long they can afford to do that.
:08:37. > :08:40.Lovely to see you. Very interesting, lots more on that story online.
:08:41. > :08:43.Tata Steel says seven potential buyers have come forward
:08:44. > :08:47.The firm, which put up its UK business for sale in March,
:08:48. > :08:49.says it is in talks with the interested parties.
:08:50. > :08:52.Tata and others within the European industry blame cheap Chinese imports
:08:53. > :08:55.for a collapse in steel prices that's threatening thousands of jobs
:08:56. > :09:08.The chief executive of the Saudi Arabian oil giant has had 500,000
:09:09. > :09:13.new jobs will be created in the next decade. The company will play a big
:09:14. > :09:16.role in developing industrial project as Saudi Arabia tries to
:09:17. > :09:37.diversify its economy beyond its reliance on oil.
:09:38. > :09:41.The chief executive of the search company Baidu has called on
:09:42. > :09:50.employees to put values before profits.
:09:51. > :09:53.This comes after the scandal that resulted in the death of a student
:09:54. > :09:58.who was thought to have tried an experimental cancer treatment.
:09:59. > :10:01.A terrible story and clearly one that tech giants have to get a grip
:10:02. > :10:05.on and work out who is advertising on their site through the search
:10:06. > :10:10.results? That is right, certainly the story
:10:11. > :10:15.is being reported widely on Chinese media, counting the tragic fate of
:10:16. > :10:19.the student, the 21-year-old. Before his death he criticised the failed
:10:20. > :10:24.treatment he received from a hospital that was advertised on
:10:25. > :10:30.Baidu. He also criticised Baidu, which controls about 80% of the
:10:31. > :10:32.Chinese search market, for promoting false medical information. Naturally
:10:33. > :10:37.this has caused a storm of controversy in China which may well
:10:38. > :10:42.have prompted this letter that Baidu's chief executive has written
:10:43. > :10:46.to his employees. He writes that if we lose the support of our users we
:10:47. > :10:52.lose hold of our values and Baidu will go bankrupt within 30 days. He
:10:53. > :10:54.is Inc using his employees of making compromises for the sake of
:10:55. > :11:00.commercial interest and placing earnings growth above user
:11:01. > :11:04.experience. We have seen this hit the company hard. Regulators this
:11:05. > :11:07.week imposed curbs on Baidu's advertising because of this
:11:08. > :11:12.controversy and this could potentially hit the company really
:11:13. > :11:17.hard. It relies on revenue from advertising for the lion share of
:11:18. > :11:22.its income. They continue to extend their losses today, down about 2.5%.
:11:23. > :11:26.Thank you very much, that story dominating in Asia and elsewhere.
:11:27. > :11:29.Japan's nikkei rose more than 2% after the country's finance minister
:11:30. > :11:32.said it will intervene if the yen's "one-sided" rise persists.
:11:33. > :11:40.It's the highest close for the Nikkei since April 28th.
:11:41. > :11:45.A lot of the reasons for that is the weakness in the yen.
:11:46. > :11:47.In Europe, we'll get the latest industrial production data
:11:48. > :11:52.Likely to see some pickup on the falls seen in February.
:11:53. > :11:58.In the UK the trade balance for March is expected
:11:59. > :12:00.to narrow too - we'll talk about that in a moment,
:12:01. > :12:02.but first let's get the lowdown on the day
:12:03. > :12:13.Big names in entertainment and pharmaceuticals are likely to
:12:14. > :12:17.command Investec tension on Tuesday. A drugmaker reports first-quarter
:12:18. > :12:20.earnings, many expecting them to reveal disappointing sales and
:12:21. > :12:25.profits but possibly the numbers will be of less interest than the
:12:26. > :12:29.comments they might make about takeover deals in the drug sector.
:12:30. > :12:35.It was managed to have merged with its rival by now but that deal got
:12:36. > :12:40.scuppered by the US government so shareholders will want to know
:12:41. > :12:43.what's next. Later in the day, media giant Walt Disney releases its
:12:44. > :12:48.latest results. It is expected to show a healthy rise in earnings
:12:49. > :12:59.driven in part by this stellar box office performance of its animated
:13:00. > :13:05.film Zootopia. Also out on Thursday, details from the video games make
:13:06. > :13:09.Electronic Arts. Joining us is Jeremy Stretch,
:13:10. > :13:21.head of foreign exchange Let's talk about those figures from
:13:22. > :13:25.France and Germany, it is important because it tells us what is going
:13:26. > :13:29.on. It is one of the things that people watch closely, the rate of
:13:30. > :13:33.growth in these sectors, especially in Germany, which is heavily driven
:13:34. > :13:37.by industry or output and export growth, and we have seen sign that
:13:38. > :13:40.French and German manufacturing output has been slowing, more
:13:41. > :13:44.damaging the perhaps in France and Germany. That will be one of the
:13:45. > :13:51.interesting variables to play out over the course of not just this
:13:52. > :13:53.report but the coming months to see if the two economies are diverging,
:13:54. > :13:55.which is important for Europe where those countries are the key
:13:56. > :14:00.cornerstones of the European project. We have also mentioned some
:14:01. > :14:05.companies out with earnings. In Japan, two big companies that have
:14:06. > :14:10.been there almost forever, Mitsubishi and Mitsui coming out
:14:11. > :14:16.with news that tells us the story of Japan right now? Indeed it does, and
:14:17. > :14:19.one of the interesting thing relevant for Japan, you just touched
:14:20. > :14:24.on it, is the strength of the yen. We have seen a significant
:14:25. > :14:28.appreciation in the value in the last few weeks and months which has
:14:29. > :14:31.had an impact in terms of the profitability of a number of
:14:32. > :14:34.companies. They have also had investment in areas which has been
:14:35. > :14:38.compromised in terms of the commodity sector but the strength of
:14:39. > :14:42.the yen has been a key constituent and it is interesting, reporting
:14:43. > :14:44.about the UK going up, that is at least in part because the yen has
:14:45. > :14:50.weakened on the back of the comments from the Finance Minister, so it is
:14:51. > :14:54.a direct relationship. Just to mention those two companies coming
:14:55. > :14:57.out with losses, something they have not done so many, many years, the
:14:58. > :14:59.interesting how that has changed. Thank you, Jeremy.
:15:00. > :15:01.Still to come: Can capitalism ever be caring?
:15:02. > :15:09.We sit down with the boss of Toms Shoes to discuss
:15:10. > :15:12.why their 'one-for-one' campaign to donate shoes to children in need
:15:13. > :15:14.is setting the bar for others to follow.
:15:15. > :15:24.You're with Business Live from BBC News.
:15:25. > :15:29.Is survey is suggesting the number of businesses that want Britain to
:15:30. > :15:34.remain in the Union has gone down. Victoria is in the newsroom with the
:15:35. > :15:37.details. Victoria, this is an interesting one because day by day
:15:38. > :15:40.we get different indications, it is up, it is down, the polls suggest
:15:41. > :15:44.one thing or another, what are they telling us today? Well, this is from
:15:45. > :15:48.the British Chambers of Commerce. It does actually differ from a survey
:15:49. > :15:53.we had earlier on from the Institute of Directors. It said effectively
:15:54. > :15:56.the polls are narrowing when it comes to sentiment and voting
:15:57. > :16:01.intention among business leaders. They say that as things stand, 37%
:16:02. > :16:08.of members that they polled would like to leave the EU. That leaves
:16:09. > :16:13.54% in favour of remaining. And that means 8% are completely undecided.
:16:14. > :16:17.Now earlier I spoke to Adam Marshal the acting Director-General of the
:16:18. > :16:20.BCC and I asked him whether he thought the people who have already
:16:21. > :16:24.made up their minds, might be willing to change them and he said
:16:25. > :16:29.actually, 90%, so the vast majority of people who have made up their
:16:30. > :16:32.minds are not going to change. And the proportion of people who are
:16:33. > :16:36.still undecided that's narrowing as days go on and we hear more and more
:16:37. > :16:40.of the arguments on either side. The other thing he said, I thought that
:16:41. > :16:44.was very interesting this morning. There is a real difference of
:16:45. > :16:47.opinion when it comes to small and large businesses. If you talk to
:16:48. > :16:50.large businesses and medium sized businesses, yes, they are talking
:16:51. > :16:54.about the referendum. Yes, they are concerned about it. Yes, it may have
:16:55. > :16:58.some impact on their investment spending. You talk to small
:16:59. > :17:01.businesses, it is completely different. Their priorities is
:17:02. > :17:07.what's going to happen in the next week and so the BCC are saying today
:17:08. > :17:09.look, politicians, you have been having real tunnel vision when it
:17:10. > :17:12.comes to the EU referendum and when it comes to the things that really
:17:13. > :17:16.matter for businesses, whether that be a digital roll-out for example,
:17:17. > :17:19.whether it be red tape, those are the issues that the BCC and its
:17:20. > :17:25.members really want to get back on track after that June vote.
:17:26. > :17:32.Victoria Fritz who is in our newsroom for us today.
:17:33. > :17:37.A quick look at the live page. One story that caught our eye. Channel 4
:17:38. > :17:42.escapes privatisation is the story. It is, of course, relates to the
:17:43. > :17:45.Culture Secretary, John Whittingdale who will publish a white paper.
:17:46. > :17:53.Plans for the BBC, but for Channel 4. The Telegraph says the options
:17:54. > :17:54.for a State broadcaster is under consideration including a potential
:17:55. > :17:59.sale to someone including BT. You're watching Business Live.
:18:00. > :18:06.Our top story: EasyJet makes a loss as the
:18:07. > :18:11.terrorist attacks and foreign exchange rates hits the airline's
:18:12. > :18:14.bottom line. Yes, some of it is changing where we travel to as a
:18:15. > :18:17.result of that. Airlines typically make a loss over the winter months
:18:18. > :18:22.and then make most of their money in the summer. So the boss of easyJet
:18:23. > :18:29.has been keen to point out that to us this morning. She did! She did!
:18:30. > :18:35.Now, you may have heard of Toms Shoes.
:18:36. > :18:37.It's one of America's most well known footwear brands.
:18:38. > :18:40.What you may not have heard of is its charitable mission.
:18:41. > :18:43.When you buy a pair of Toms shoes, the company donates a pair
:18:44. > :18:46.They call it their "One for One" programme.
:18:47. > :18:48.Since the company was founded in 2006, they've donated over
:18:49. > :18:51.50 million pairs of shoes to children all over the world.
:18:52. > :18:53.This type of corporate altruism is increasingly popular and seen
:18:54. > :18:56.by many as the caring, more responsible face of capitalism.
:18:57. > :18:58.Toms Chief Executive and founder Blake Mycoskie told Alice Baxter
:18:59. > :19:01.that he came up with the idea after travelling in Argentina,
:19:02. > :19:03.and seeing so many children without shoes.
:19:04. > :19:06.It was when I was in Argentina outside of Buenos Aires.
:19:07. > :19:10.I was spending a lot of time outside the city because I was learning
:19:11. > :19:13.actually to play polo of all things and when I was out there,
:19:14. > :19:16.I saw many children on the streets with no shoes and I asked some
:19:17. > :19:19.questions about that and I quickly learned that many of the kids,
:19:20. > :19:22.the reason they weren't in school was because it was required for them
:19:23. > :19:26.to have a pair of shoes to go to school.
:19:27. > :19:28.They had to have the uniform and the clothes and black shoes
:19:29. > :19:32.and to me that was crazy that kids who really wanted to be in school
:19:33. > :19:34.and who needed to be in school weren't there
:19:35. > :19:38.just because they didn't have a pair of shoes.
:19:39. > :19:41.So I wanted to do something to help and you know many people see
:19:42. > :19:44.something in the world that they don't feel is just or fair
:19:45. > :19:47.and they want to do something and my idea kind of coming
:19:48. > :19:51.from my entrepreneurial background, instead of starting a charity
:19:52. > :19:54.to donate shoes, what if we started a business where every time we sold
:19:55. > :19:58.a pair of shoes we could then fund giving a pair of shoes away and it
:19:59. > :20:01.started as a really small project on a farm on Argentina and it has
:20:02. > :20:07.Is Toms a business or is it a charity?
:20:08. > :20:13.Toms is a business and that's one of the things I'm most proud
:20:14. > :20:20.of and over the last ten years years we've had this impact.
:20:21. > :20:23.When I started Toms I very purposefully did not want to be
:20:24. > :20:28.a charity because as a charity, my fear was I would be dependant
:20:29. > :20:34.on people's donations and so maybe we would get donation
:20:35. > :20:37.from a wonderful group of people this year and we give the shoes
:20:38. > :20:40.to the kids that need them for school and then we get donations
:20:41. > :20:42.again, but what happens if the donations stop?
:20:43. > :20:48.I felt like I had more control over the giving if it was actually built
:20:49. > :21:01.In an interview you gave back in 2013, you said you wanted to roll
:21:02. > :21:05.out the one for one time philosophy to five other different products r
:21:06. > :21:09.product areas. Are we at five products yet? No, I think we're at
:21:10. > :21:14.four and maybe we will stop at four and pause and breathe for a little
:21:15. > :21:19.bit! It has been a lot of work to go from just being a footwear company
:21:20. > :21:27.to truly a one for one company and introducing things like I wear to
:21:28. > :21:30.help cataract surgery and clean water projects. We have four
:21:31. > :21:33.businesses that we're in right now and really right now and I would say
:21:34. > :21:38.for the next couple of years we're going to focus on those four. Tell
:21:39. > :21:41.me how you began this. You didn't follow a typically orthodox path
:21:42. > :21:45.into business. You didn't go to college, I don't think, you didn't
:21:46. > :21:50.go to business school. How did you become a serial entrepreneur? Well,
:21:51. > :21:55.I think it really started when I was 12 and I was a really competitive
:21:56. > :22:01.tennis player. Now, when I was a soft man in college in my second
:22:02. > :22:06.year I had an injury to my Achilles tendon and had to give up tennis for
:22:07. > :22:10.a year. During that time, I was so bored because I was playing tennis
:22:11. > :22:15.like ten hours a day and now I had nothing to do... Start a business.
:22:16. > :22:20.That's how the first business which was a laundry business got started.
:22:21. > :22:24.The business was fun and we were making money and it was interesting
:22:25. > :22:29.all the employees and stuff. By the time my leg healed up, I realised
:22:30. > :22:33.I'm probably not going to be the next Andy Roddick. Maybe it is
:22:34. > :22:41.better to focus on this intrapresenter stuff and that's kind
:22:42. > :22:47.of what I've been doing ever since. That was the founder of Toms shoes,
:22:48. > :22:51.Blake Mycoskie. He is putting his foot in it really!
:22:52. > :23:00.How long have you been thinking of that? Too long.
:23:01. > :23:02.Jeremy is back with us. Before the threshold and the watershed and
:23:03. > :23:10.everything! Let's talk Greece. The story that refuses to die. It is
:23:11. > :23:13.good for us in terms of having stories. The two, that are
:23:14. > :23:16.dominating in the UK Brexit being one and Greece. These two are
:23:17. > :23:28.married together this this article. It is in the Times. Indeed, there is
:23:29. > :23:32.a potential - Greece go through another round of negotiations. The
:23:33. > :23:36.Greek State has to make hefty repayment options in the month of
:23:37. > :23:40.July. So they need to put further structural reforms in place which of
:23:41. > :23:44.course are leading to extra strikes or additional strikes. So that's an
:23:45. > :23:49.ongoing issue as we go through into the summer. Yet again the Greek
:23:50. > :23:55.story and the Greek crisis is ongoing, for the populace in the UK,
:23:56. > :24:05.we are seeing a mass of debate and political discussion regarding a
:24:06. > :24:10.member of the eurozone being potentially expelled, that doesn't
:24:11. > :24:14.bode well. Really putting two themes together into the vote. It reminds
:24:15. > :24:18.financial markets of the uncertainties out there. Greece
:24:19. > :24:22.being one and the UK referendum result being another. It is hard to
:24:23. > :24:26.predict? Indeed. That's the thing the financial markets hate most.
:24:27. > :24:29.Uncertainty. Things their able to predict, you can manage and you can
:24:30. > :24:37.plan for. In the context of these two particular issues, yes, you
:24:38. > :24:40.would hope best case scenario, we don't see inherent uncertainty, you
:24:41. > :24:45.could get a great deal of uncertainty. Financial markets could
:24:46. > :24:47.be dislocated and that will be a question put to Mark Carney, the
:24:48. > :24:56.Bank of England governor on Thursday. It makes a huge difference
:24:57. > :25:02.and when you are talking about changing the cost of pricing on
:25:03. > :25:04.goods or the prices change by a small amount, it affects foreign
:25:05. > :25:09.exchange levels and impact the bottom line. Sterling will be
:25:10. > :25:18.moving? It will. Speaking of moving. Just when you thought selfies
:25:19. > :25:24.couldn't get anymore annoying. There is a selfie drone. It flies in front
:25:25. > :25:29.of your face and it takes a selfie and flying in your face... Photo
:25:30. > :25:36.bombers could hit them. You could imagine going to an event and
:25:37. > :25:44.everyone is trying to launch their drones. It is like bumper cars in
:25:45. > :25:53.the sky! Why would you want something with propellers flying in
:25:54. > :26:03.front of your face? You may want a load of selfies. Jeremy, thank you.
:26:04. > :26:04.We're droning on again! Thank you for your company. We will see you
:26:05. > :26:13.soon. Hello there. Another stunny day in
:26:14. > :26:14.Scotland. Clear blue