01/03/2017

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:00:00. > :00:14.This is Business Live from BBC News with Rachel Horne and Sally Bundock.

:00:15. > :00:18.President Donald Trump delivers a toned down address to congress,

:00:19. > :00:20.with lacklustre detail about his plans for tax

:00:21. > :00:34.Live from London, that's our top story on Wednesday, 1st March.

:00:35. > :00:37.It was a highly anticipated speech, but Donald Trump's first address

:00:38. > :00:50.The President gave little detail about his plans

:00:51. > :01:01.YouTube takes on the cable TV networks, by launching its own

:01:02. > :01:13.In markets, in Europe, the markets are open. With so many small fashion

:01:14. > :01:19.businesses being launched using the fast-paced world of social media,

:01:20. > :01:24.how do start-up designers stand out? How do you get celebrities to wear

:01:25. > :01:30.your clothes? We will be asking one successful entrepreneur.

:01:31. > :01:40.And as Barack and Michelle Obama both sign record book deals

:01:41. > :01:41.whose memoir would you be more

:01:42. > :01:53.On Tuesday, President Trump addressed a joint session

:01:54. > :01:56.of Congress for the first time since taking office.

:01:57. > :01:59.In a highly anticipated speech, he spoke of "restarting the engine

:02:00. > :02:07.The President reiterated his intention to slash corporation tax

:02:08. > :02:09.in the US and provide tax breaks to middle-class Americans.

:02:10. > :02:20.At the same time, he announced he'll be asking Congress to approve

:02:21. > :02:22.legislation which will result in $1 trillion worth

:02:23. > :02:26.He also called for what he describes as "one of the largest increases

:02:27. > :02:31.in national defence spending in American history."

:02:32. > :02:33.Mr Trump pointed to the country's $800 billion trade

:02:34. > :02:39.Though figures from the Census Bureau suggest this figure reduces

:02:40. > :02:42.to about $500 billion when trade in services is factored in.

:02:43. > :02:45.Here's what the President had to say about his plans to transform

:02:46. > :02:57.Right now American companies are taxed at one of the highest rates

:02:58. > :03:01.anywhere in the world. My economic team is developing historic tax

:03:02. > :03:09.reform that will reduce the tax rate on our companies so they can compete

:03:10. > :03:16.and thrive anywhere and with anyone. APPLAUSE

:03:17. > :03:21.It will be a big, big cut. At the same time, we will provide massive

:03:22. > :03:26.tax relief for the middle-class. We must create a level playing field

:03:27. > :03:34.for American companies and our workers.

:03:35. > :03:35.APPLAUSE Marianne Schneider-Petsinger is US

:03:36. > :03:40.Geoeconomics Fellow with the US Marianne Schneider-Petsinger is US

:03:41. > :03:55.Geoeconomics Fellow What did you think of it? For Donald

:03:56. > :04:00.Trump it was a big change in the rhetoric. It was a much softer

:04:01. > :04:04.approach compared to his inaugural speech. You say a change in tone,

:04:05. > :04:08.but when it comes to businesses, when it comes to the economy, we

:04:09. > :04:11.want the detail now, surely. It has been long enough this wait, hasn't

:04:12. > :04:15.it? It was very short on detail again. He really kind of laid out

:04:16. > :04:20.the themes again that he very much, you know, laid out on the campaign

:04:21. > :04:23.trail and I would say only with regards to repealing and replacing

:04:24. > :04:29.Obamacare, if you see more detail, but again in principles of what he

:04:30. > :04:32.would like to see and the rest, it was really just, reiterating the

:04:33. > :04:35.familiar notions and maybe going one or two steps beyond, but not very

:04:36. > :04:38.much. You say he was short on detail. Let's talk about the debt

:04:39. > :04:43.limit because that's something he didn't mention. Something that the

:04:44. > :04:47.US Government has a debt limit set by the Treasury, they need approval

:04:48. > :04:51.to increase the debt limit. He's talking about investing $1 trillion

:04:52. > :04:55.in infrastructure. There would be some private investment, but public

:04:56. > :04:59.investment, is there any concern about the debt limit? I think it's

:05:00. > :05:05.something that will very much have to be played out within the

:05:06. > :05:08.Republican Party. There is a fraction who is fiscally

:05:09. > :05:10.conservative. There has to be a balance between spending on

:05:11. > :05:13.infrastructure which is something the Democrats want to see, but to

:05:14. > :05:17.what extent does that raise the deficit and the debt? It wasn't much

:05:18. > :05:23.of a focus in the speech. It was mentioned in one sentence when he

:05:24. > :05:26.criticised Obama and the administration to really balloon the

:05:27. > :05:33.debt, but other than that, it was not a topic. There is concern about

:05:34. > :05:41.the numbers and the fact that they don't add up. When you talk about

:05:42. > :05:45.kugt taxes, but increasing spending, ex-etcetera, etcetera, you have got

:05:46. > :05:48.to make it add up? The big infrastructure plan of $1 trillion,

:05:49. > :05:52.that's the only figure we have seen so far. Tax for corporates, but the

:05:53. > :05:57.middle-class as well, but in reality, it is more for the wealthy

:05:58. > :06:02.and they are not really addressing what happens with Social Security

:06:03. > :06:04.and Medicare, that's part of the budget that needs to be brought

:06:05. > :06:10.under control, but he hasn't addressed. We will talk to you again

:06:11. > :06:17.about this in probably not the too distant future.

:06:18. > :06:20.Travis Kalanick - the boss of car service Uber -

:06:21. > :06:22.has been forced to apologise, after a video emerged

:06:23. > :06:24.of him swearing at one of the company's drivers.

:06:25. > :06:26.Fawzi Kamel has complained that his income was falling

:06:27. > :06:31.because of changes to Uber's fare structure.

:06:32. > :06:34.This is the latest problem for the California-based company comes

:06:35. > :06:36.just days after it was forced to launch an investigation

:06:37. > :06:43.The company which manages the undersea rail link

:06:44. > :06:48.between the UK and France says 2016 was the best year in its history.

:06:49. > :06:51.Eurotunnel says net consolidated profit reach just over $210 million,

:06:52. > :06:57.as and passenger numbers and freight traffic both saw strong growth.

:06:58. > :07:06.The company says it is confident about 2017 and this follows

:07:07. > :07:08.Britain's impending departure from the European Union.

:07:09. > :07:11.Several high-profile websites have been knocked offline or suffered

:07:12. > :07:14.glitches because of a failure at one of Amazon's major US data centres.

:07:15. > :07:16.Amazon's S3 server is responsible for providing cloud services

:07:17. > :07:17.to about 150,000 companies around the world.

:07:18. > :07:21.The music streaming platform Soundcloud and the popular virtual

:07:22. > :07:31.office software Slack were among the websites to be affected.

:07:32. > :07:37.A story that's sensitive in the UK partly because of Brexit is the

:07:38. > :07:41.outlook for the car industry and lots of talk about a special deal

:07:42. > :07:44.etcetera, etcetera. Well, this is a story that's been breaking in the

:07:45. > :07:50.last hour. The boss of Unite which is one of the bigger unions here in

:07:51. > :07:54.the UK, is visiting a Ford factory in Bridgend in South Wales because

:07:55. > :08:01.there is real concern that Ford could be following through with

:08:02. > :08:05.significant job cuts, 1163 job cuts could be going at Ford. Well, Unite

:08:06. > :08:09.is warning about this. They're going to the site today. It is a very

:08:10. > :08:16.sensitive story. It is one we're keeping an eye on. More detail on

:08:17. > :08:20.our website. The wonder from down under!

:08:21. > :08:23.The latest economic figures from down under have beaten

:08:24. > :08:27.analysts expectations, showing the country

:08:28. > :08:31.returned to growth after contracting last quarter.

:08:32. > :08:36.I thought you were talking about Aaron Heslehurst then, the wonder

:08:37. > :08:45.from down under! Tell us how did Australia pull this

:08:46. > :08:49.off? There was a concern that we could be talking about a recession

:08:50. > :08:54.in Australia? Well, if you could have heard it, you could say there

:08:55. > :08:58.was a big collective sigh of relief when the data came out today,

:08:59. > :09:01.showing that not only did Australia's economy bound, but it

:09:02. > :09:05.avoided a recession. A recession as you know is defined as two

:09:06. > :09:12.consecutive quarters of economic contraction. In the fourth quarter,

:09:13. > :09:16.Australia's GDP grew by 1.1%, stronger than expected and again,

:09:17. > :09:20.very, very important because in the previous quarter it had contracted.

:09:21. > :09:25.What this means is the wonder down under had a quarter century of

:09:26. > :09:29.uninterrupted economic expansion. How did they do it this time? Two

:09:30. > :09:34.things really helped the economy bounce back. One a surge in exports

:09:35. > :09:38.led by rising global commodity prices and two, higher household

:09:39. > :09:44.spending. Australia relies very much on global commod commit prices and

:09:45. > :09:48.exports. Its biggest customer is China and despite the fact that we

:09:49. > :09:52.have seen a rebound in China, the rebound of the prices has seen a

:09:53. > :09:58.strong turn around for Australia and next year's GDP is forecast at 3%.

:09:59. > :10:06.Back to you now. Thank you for that. Let's look at how the markets have

:10:07. > :10:11.been getting on. Yesterday the words for the market were, "Cautious."

:10:12. > :10:17.Today's word is, "Muted." The Nikkei is up, but that's because of growing

:10:18. > :10:21.expectation of a US interest rate hike this month strengthening the

:10:22. > :10:26.dollar. European markets, they are in the green, up over 1% in Germany

:10:27. > :10:30.and in France. Not a lot happening in the UK today, but still up just

:10:31. > :10:35.over 0.5%. Let's go over to Wall Street.

:10:36. > :10:42.Remember the American drug company that sparked outrage after it raised

:10:43. > :10:45.the prices of its allergy allergy shot, the epipen, well, they will be

:10:46. > :10:48.reporting earnings and investors will be focussing on how the company

:10:49. > :10:58.will fair against mounting competition. Also reporting earnings

:10:59. > :11:04.on Wednesday is Best Buy. It is an electronics retailer. It had to cut

:11:05. > :11:07.costs and the future is not looking too bright. There is not as many

:11:08. > :11:12.exciting products hitting the markets and with no cost-cutting

:11:13. > :11:15.measures in place, it maybe a tough year for Best Buy, the second

:11:16. > :11:20.biggest home improvement company will be reporting earns on

:11:21. > :11:27.Wednesday. Lows may ben vit from the rising value of homes in the US

:11:28. > :11:35.which may reverse spending on home remodelling. I wonder when she gets

:11:36. > :11:35.sleep. She has been doing a round-the-clock job thanks to

:11:36. > :11:48.President Trump. Jeremy Cooke joins us. Not much

:11:49. > :11:51.detail came through, the fact that he hasn't addressed too much the

:11:52. > :11:57.economic concerns, the market is closely looking at. It was more of a

:11:58. > :12:01.socio economic speech. Chatter about immigration that tended to take the

:12:02. > :12:05.main thrust of the speech and we've heard this language before. It was a

:12:06. > :12:09.campaign speech. It was indistinguishable from what he said

:12:10. > :12:12.on the stump throughout 2016. Given the lack of detail how do you think

:12:13. > :12:16.the American markets will react today? Do you think we will see them

:12:17. > :12:20.coming off the increases? There is an element, they knew they wouldn't

:12:21. > :12:25.get too much yesterday or overnight because we had to wait on the budget

:12:26. > :12:29.from the White House and in the mid-part of March and he said we had

:12:30. > :12:33.to wait, he said a couple of days ago, details around the tax plan

:12:34. > :12:37.which boosted stocks since he won the election, we have to wait until

:12:38. > :12:40.repeal and repair of Obamacare and that's going to take a couple of

:12:41. > :12:45.months. Something you noticed which is interesting, that's move the bond

:12:46. > :12:49.markets in France is chatter on social media about one of the

:12:50. > :12:54.candidates running to become the next president in France. He may

:12:55. > :12:59.possibly pull out of the race? Yes. It is the likelihood apparently that

:13:00. > :13:05.he is going to pull out of the French Presidential campaign. It is

:13:06. > :13:09.just a rumour. He cancelled a number of speaking engagements. One which

:13:10. > :13:14.is a huge speech. Cancelling that seems to suggest... Plus a press

:13:15. > :13:17.conference? A-conference is scheduled for later on this morning.

:13:18. > :13:22.He's third in the preliminary polling which wouldn't take him

:13:23. > :13:33.through to the second round. So is he already out? We will be grilling

:13:34. > :13:36.Jeremy whether he would buy Barack Obama or my shell Obama's books.

:13:37. > :13:39.Still to come, we speak to one young entrepreneur about how to stand out

:13:40. > :13:43.And how she's managed to get her T-shirts

:13:44. > :13:48.You're with Business Live from BBC News.

:13:49. > :13:53.There have been fresh calls this morning for Sir Philip Green

:13:54. > :13:56.to lose his knighthood over the collapse of BHS.

:13:57. > :13:59.That's despite the retail tycoon agreeing to pay up to ?363 million

:14:00. > :14:02.to reduce the failed retailers pension deficit.

:14:03. > :14:09.Theo Leggett is in our Business Newsroom.

:14:10. > :14:16.Bring us up to speed. What's been happening? Fresh calls for him to

:14:17. > :14:22.lose his knighthood despite the donation? Well, two of the MPs who

:14:23. > :14:26.conduct Parliamentary inquiries into the collapse of BHS and who have

:14:27. > :14:32.been responsible for putting pressure on Philip Green to come up

:14:33. > :14:37.with money to fill in the deficit in the BHS pension fund, they have been

:14:38. > :14:39.suggesting that stains on Sir Philip's character have not gone

:14:40. > :14:43.away. They have stopped short of saying he should still lose his

:14:44. > :14:48.knighthood, Ian Wright, he is chairman of the business Select

:14:49. > :14:54.Committee, he told the Daily Mirror newspaper that allowing Sir Philip

:14:55. > :14:59.to keep his knighthood would be like rewarding an arsonist who put his

:15:00. > :15:07.own fire out. So pretty strong stuff there. Frank Field he has continued

:15:08. > :15:12.to be critical. He said this is a good step, but has implied at least

:15:13. > :15:17.it doesn't go far enough. Although Sir Philip Green has put his hand in

:15:18. > :15:22.his pocket and come out with ?363 million to help fill the hole in the

:15:23. > :15:24.BHS pension fund, I don't think the criticisms are going to go away.

:15:25. > :15:32.Thank you, Theo. Tell us, if you had to read a book

:15:33. > :15:37.of Barack Obama or Michelle Obama, which would you go for? Would you go

:15:38. > :15:40.verbose? I would go through neither, I am not really into political

:15:41. > :15:46.controversies, I prefer a good thriller. The West Wing. You heard

:15:47. > :15:57.it from Theo, we are creating a picture of the O'Hear on BBC world

:15:58. > :16:01.news. -- of Theo. House prices is something we like to talk about in

:16:02. > :16:09.the UK. They are up again according to nationwide, up 0.6% in February.

:16:10. > :16:14.We keep hearing that the housing market may be pulled down by Brexit.

:16:15. > :16:18.It is still going up again, although there is expectation it will slow

:16:19. > :16:21.down this year. More information on that on our tablet.

:16:22. > :16:29.Our top story, President Trump delivered his highly anticipated

:16:30. > :16:32.first speech to both houses of Congress.

:16:33. > :16:37.The first one since he became president but he has disappointed to

:16:38. > :16:41.a degree with the lack of detail. And a cockroach probably isn't

:16:42. > :16:45.at the top of the list. But our next guest somehow seems

:16:46. > :16:48.to be able to make it work. She's Marissa Montgomery, founder

:16:49. > :16:52.and Chief Executive of Rotten Roach. The company makes ultra hip T

:16:53. > :16:55.shirts and sweat shirts - much beloved of celebrities

:16:56. > :17:01.like Kate Moss and Salma Hayek. It sells through a few high end

:17:02. > :17:04.retailers, but almost 80% Marissa established Rotten Roach

:17:05. > :17:07.in 2012 and chose the name after first-hand experience

:17:08. > :17:09.with New York's abundant She was featured on the Forbes 30

:17:10. > :17:30.to Watch Under 30 list. Thank you becoming into the studio.

:17:31. > :17:35.Tell us about your product, your brand. The idea, we have further

:17:36. > :17:37.name comes from your idea of living in New York with lots of

:17:38. > :17:42.cockroaches, Rotten Roach, but why did you think there is a gap in the

:17:43. > :17:45.market for T-shirts? I just know from experience of myself and all my

:17:46. > :17:50.girlfriends, T-shirts are something you can buy, you can wear in the day

:17:51. > :17:56.and the evening, I wanted to create this wearable art. I worked with an

:17:57. > :17:59.artist to create one-off wearable T-shirts, so each graphic is

:18:00. > :18:04.exclusively designed for Rotten Roach, and they are just funny,

:18:05. > :18:08.tongue-in-cheek. You wearing one of them now, which says Love bug. It is

:18:09. > :18:13.pretty high end, they are not cheap by any means. Talk us through way

:18:14. > :18:18.you wanted to place yourself in the market. Believe it or not, it is

:18:19. > :18:22.affordable luxury, it sits amongst its peers on the lower end, but we

:18:23. > :18:25.do sit in high-end boutiques, Mosley as we were discussing before for

:18:26. > :18:29.positioning, and we seem to sell really well. We sell all across the

:18:30. > :18:35.world, everywhere from Saint Barts to Greece to Miami, LA. How did you

:18:36. > :18:40.make that happen? It is partly about connections and who you know, it

:18:41. > :18:43.does help a lot, doesn't it? It definitely does, but if someone

:18:44. > :18:47.doesn't like the product ultimately they will not buy it. You spoke

:18:48. > :18:52.about placement, getting yourself into some high end boutiques, but

:18:53. > :18:56.most of your cells are online. And you are manufacturing in Turkey and

:18:57. > :19:01.California, and you have plans to start doing embroidery in the UK.

:19:02. > :19:05.You are still very involved at the minute, you pack up most of the

:19:06. > :19:09.items and sending them out yourself. I am packing up all of your orders

:19:10. > :19:14.for the moment, when you go on the Rotten Roach and order something, I

:19:15. > :19:17.am packing them up. In Turkey, and in California downtown, I work for a

:19:18. > :19:24.closely with the manufacturers and I am hoping to make in England. Ring

:19:25. > :19:29.it closer to home. This is one of the jumpers. The boss. Not that I am

:19:30. > :19:33.the boss by any means, I wish I was! This is one of the jumpers that is

:19:34. > :19:39.out there today. They just came in today so you are the first person to

:19:40. > :19:45.see it. These things just fly off the shelves, as it were. And yet you

:19:46. > :19:50.have the likes of Kate Moss and Selma Hayek wearing them, had a

:19:51. > :19:54.Jamaican that happen? To be honest, both of them bought the T-shirts, we

:19:55. > :19:59.did not give them. It is amazing. You can search, because I know which

:20:00. > :20:03.store buys it from, each store buys a different thing, and you are able

:20:04. > :20:09.to trace it. That is a gift for you, you can't beat that marketing. That

:20:10. > :20:14.helps sales incredibly, and social media is so important, so once

:20:15. > :20:18.repairs that picture or a celebrity does, we see a direct correlation

:20:19. > :20:24.with sales on the website, so we can trace it, click Baxter Regli from

:20:25. > :20:27.Instagram, Twitter, pinch rest. You mention those social media sites,

:20:28. > :20:32.what percentage of your day do you spend on social media promoting your

:20:33. > :20:37.brand? Too much, I think about it is so important. We have a blog section

:20:38. > :20:40.on the website where we do interviews with interesting,

:20:41. > :20:43.inspiring women. We are always looking to work with photographers

:20:44. > :20:47.who have big social media influences, so it is a whole new

:20:48. > :20:52.different type of celebrity now you have wearing your product, not just

:20:53. > :20:57.Selma Hayek, Kate Moss come it is also these girls who would not

:20:58. > :21:01.necessarily be known on the street but they have 2 million Instagram

:21:02. > :21:06.followers. That is very interesting. You also have one with the boss on.

:21:07. > :21:11.I am more of a bus than you, am I? No, I'm not. Who is the boss? Sally.

:21:12. > :21:13.It is that wander from Down Under again.

:21:14. > :21:15.Pokemon Go took the world by storm last year.

:21:16. > :21:18.Nintendo's smash-hit saw millions of people take to the streets

:21:19. > :21:20.in search of virtual monsters - our technology correspondent,

:21:21. > :21:23.Rory Cellan Jones, has been speaking to the man behind the madness,

:21:24. > :21:24.at the Mobile World Congress in Barcelona.

:21:25. > :21:30.Last summer, an extraordinary craze swept around the world, which saw a

:21:31. > :21:34.lot of people out with their mobile phones, hunting for Pokemon. It is

:21:35. > :21:39.fair to say that the enthusiasm for Pokemon Go has faded a little since

:21:40. > :21:42.then, but there are still Pokemon to be found out and about here at the

:21:43. > :21:47.Barcelona Mobile world Congress, and I have also found the inventor of

:21:48. > :21:52.the game, a man who has changed our views on augmented reality, John

:21:53. > :21:57.Hankey from the antic. Did you have any concept of how big the game was

:21:58. > :22:01.going to be when it launched? I wish I could have predicted that.

:22:02. > :22:05.Obviously not. It was a huge surprise to us. We spent a good

:22:06. > :22:14.portion of ourselves looking at Adidas pause and servers that were

:22:15. > :22:21.going haywire with all of the operators. In San Francisco there

:22:22. > :22:27.was a 9000 people spontaneous Pokemon event. It was very surreal,

:22:28. > :22:32.actually does that hasn't it faded quite a lot? Something like that

:22:33. > :22:34.will fade, it exploded on social media, it has a life of its own Nite

:22:35. > :22:43.has become a very successful product. Not at that level of

:22:44. > :22:48.frenzy, but it is one of the most used mobile apps out there. It

:22:49. > :22:54.certainly is. Love it or hate it, Pokemon Go, and that is the man who

:22:55. > :22:57.made it. I didn't let my children know about it. Jeremy is back, as

:22:58. > :23:00.you can see, and we're talking about this story all over the papers

:23:01. > :23:05.today, the New York Times it is everywhere. Obamas make book deal

:23:06. > :23:11.with thing when Random House and we don't know specifically the number

:23:12. > :23:16.but -- with Penguin Random House. A huge amount of money. Now suppose

:23:17. > :23:20.really. Not really, Bill Clinton got about 15 million, George Bush got 10

:23:21. > :23:24.million, so this can blows it out of the water. It will be interested to

:23:25. > :23:28.see which one is more popular. I would go for the Michelle Obama won,

:23:29. > :23:33.I would like to see her probably layout how she would... Her

:23:34. > :23:38.perspective. And maybe running for office in four five, eight years'

:23:39. > :23:44.time. We had quite a feud tweets on this. Shahada said I would prefer

:23:45. > :23:48.Michelle Obama. Only wanted to know about Barack Obama. Another text

:23:49. > :23:53.says both books and Wayne says neither, so that covers the whole

:23:54. > :23:58.gamut. Our unscientific poll of the newsroom, most said Michelle didn't

:23:59. > :24:06.they? Interesting. Let's talk about the story about YouTube. They have

:24:07. > :24:09.the constant conversation within media about where television is

:24:10. > :24:14.going, and with Netflix. It got all of the traditional TV providers

:24:15. > :24:18.really worried about the outlook. But now it looks like this new idea

:24:19. > :24:26.from YouTube that actually we are all back in fashion. It is a new TV

:24:27. > :24:30.subscription service from YouTube. They have YouTube red which delivers

:24:31. > :24:36.ad free content in the US, but this one will bring together NBC, ESPN,

:24:37. > :24:40.the broadcaster you would typically get in the United States through

:24:41. > :24:46.YouTube. Say you're not just streaming stuff any more? No. Here

:24:47. > :24:53.in the UK, you have the rest real TV, you may have Sky, Netflix,

:24:54. > :24:57.Amazon prime as well. There is a huge range of services you can use.

:24:58. > :25:04.It all depends on cost. There is no details about how much this will

:25:05. > :25:08.cost quite yet. Maybe $30. Looking like $35 for a family subscription

:25:09. > :25:12.so you can access it on up to 60 vices, you don't need a satellite

:25:13. > :25:19.dish or a TV. But what about your broadband provision and the speed?

:25:20. > :25:26.Sky have talked about delivering their service through the internet

:25:27. > :25:28.in the past six months or so. But high-quality TV through your

:25:29. > :25:32.internet connection and someone else is on Twitter, then it is gone. You

:25:33. > :25:37.are really into it and it starts doing that. That was an issue, they

:25:38. > :25:42.had a similar online search option called DirecTV in the state and it

:25:43. > :25:45.is about $70 a month and viewers missed the end of the Super Bowl.

:25:46. > :25:48.Disappointing. No one is going to want that. Thank you, Jeremy,

:25:49. > :25:51.good to see you. Thank you for your contributions today.

:25:52. > :25:53.There will be more business news throughout the day

:25:54. > :25:56.on the BBC Live web page and on World Business Report.

:25:57. > :26:04.Sally will be back tomorrow. See you soon, goodbye.

:26:05. > :26:13.Good morning. Lots of whether to tell you about today. It was an icy

:26:14. > :26:16.start for the North analyst of a wintry showers here, while in the

:26:17. > :26:17.south the milder air Trent coming off the