Browse content similar to 13/03/2017. Check below for episodes and series from the same categories and more!
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This is Business Live from BBC News with some new chap called | :00:00. | :00:07. | |
The Dutch prepare to make their choice in a critical general | :00:08. | :00:13. | |
election, with the economy up and crime down why are | :00:14. | :00:15. | |
Live from London, that's our top story on Monday the 13th March. | :00:16. | :00:36. | |
Could the far-right Dutch candidate, Geert Wilders, provide another | :00:37. | :00:38. | |
setback to the European project and what could it mean for the Euro. | :00:39. | :00:45. | |
Also in the programme, all change at HSBC! | :00:46. | :00:49. | |
A new boss for the global banking giant. | :00:50. | :00:51. | |
We'll head live to Asia fopr the latest. | :00:52. | :00:54. | |
We'll head live to Asia for the latest. | :00:55. | :00:57. | |
And markets on the move - Asian markets mostly | :00:58. | :01:03. | |
higher on Monday, this is how Europe has opened | :01:04. | :01:04. | |
after that much better than expected jobs report in the US last week. | :01:05. | :01:15. | |
The Chinese economy may be slowing, but tourism is booming | :01:16. | :01:17. | |
we'll get the Inside Track on China's rise | :01:18. | :01:19. | |
Another form of tourism doing well is adventure | :01:20. | :01:22. | |
With retirees fuelling the growth, swapping the cruise ship for the | :01:23. | :01:36. | |
canoe. Is it your idea of holiday hell. We want to hear from you. | :01:37. | :01:40. | |
Decision day is getting ever closer for the Dutch | :01:41. | :01:48. | |
and tonight they get what - for many - could be a decisive last | :01:49. | :01:56. | |
and tonight they get what, for many, could be a decisive last | :01:57. | :01:59. | |
look at the candidates before Wednesday elections. | :02:00. | :02:00. | |
The leading candidates will hold their final TV debate later. | :02:01. | :02:02. | |
The Dutch vote is the first of three big elections across Europe this | :02:03. | :02:06. | |
year casting uncertainty over the continent. | :02:07. | :02:07. | |
Soon after come the votes in France and Germany. | :02:08. | :02:11. | |
Financial markets are watching them all closely. | :02:12. | :02:16. | |
Not least for what their results might mean for | :02:17. | :02:18. | |
The current Dutch Prime Minister Mark Rutte faces a tough challenge | :02:19. | :02:31. | |
from the far-right populist candidate Geert Wilders who has been | :02:32. | :02:33. | |
But there is no standout leader in the polls giving greater | :02:34. | :02:37. | |
Whilst the rise of populism is often linked with falling living | :02:38. | :02:41. | |
standards, the Dutch remain one of the wealthiest | :02:42. | :02:43. | |
Average income is nearly $53,000 per person. | :02:44. | :02:50. | |
And economic growth is forecast at a steady 2% for this | :02:51. | :02:53. | |
year with wages growing and unemployment falling. | :02:54. | :02:58. | |
So one key election issue has been the foreign ownership of Dutch | :02:59. | :03:05. | |
companies with the Labour Party, part of the current coalition, | :03:06. | :03:08. | |
proposing the government should be able to block takeovers they deem | :03:09. | :03:10. | |
Our next guest is from the Netherlands but working in the UK. | :03:11. | :03:24. | |
Dr Stijn van Kessel is Lecturer in Politics | :03:25. | :03:26. | |
Talk us through, from your perspective, what is on the minds of | :03:27. | :03:37. | |
those going to the polls? There is an open race at the moment, no clear | :03:38. | :03:44. | |
party is standing out. So voters have a tough choice if they want to | :03:45. | :03:49. | |
determine who will eventually govern the country. It is an open race | :03:50. | :03:53. | |
between six or seven parties which are all predicted to win around ten | :03:54. | :03:59. | |
and 15% of the vote. From the international point of view, the | :04:00. | :04:04. | |
focus as being on Geert Wilders, immigration and the far right, as it | :04:05. | :04:08. | |
were. In the Netherlands, what have been the issues when it comes to | :04:09. | :04:12. | |
what they have been debating and discussing and how will be enticed | :04:13. | :04:18. | |
people to vote for them? They are important issues and they may become | :04:19. | :04:23. | |
more important because of the diplomatic row between Turkey and | :04:24. | :04:28. | |
the Netherlands. But there is a wide range of issues such as euthanasia, | :04:29. | :04:33. | |
the ability to end your life for the terminally ill. Pension age is an | :04:34. | :04:38. | |
issue, which came up a lot. But culture and immigration is the | :04:39. | :04:43. | |
biggest issue. What do you think the outcome will be on Wednesday, it is | :04:44. | :04:48. | |
difficult to predict? Yes, I don't want to make any predictions. It is | :04:49. | :04:52. | |
difficult to predict their memory. In most elections, there is normally | :04:53. | :05:04. | |
two parties clear. But the previously smaller Liberals and the | :05:05. | :05:11. | |
Greens are doing well. There is no clear horse race affect. We put it | :05:12. | :05:17. | |
in the context of Europe, many have said Brexit equals Donald Trump, | :05:18. | :05:30. | |
equals Nexit. Internationally speaking, there is these events, so | :05:31. | :05:35. | |
there is Brexit, Donald Trump and the French and German elections | :05:36. | :05:41. | |
coming. So this vote is about Geert Wilders and whether people see this | :05:42. | :05:46. | |
populist right-wing splurge. The difference between Brexit, Trump and | :05:47. | :05:50. | |
the French elections, the outcome of this election doesn't signify a | :05:51. | :05:55. | |
winner takes all principle. Geert Wilders, will perhaps win between | :05:56. | :06:01. | |
around 15 and 20% of the vote but it doesn't get him very far because all | :06:02. | :06:05. | |
of the other parties who are most important have ruled out of | :06:06. | :06:10. | |
governing with him. Thank you for your time. Fascinating and it is | :06:11. | :06:13. | |
something we will keep a close eye on here at the BBC. | :06:14. | :06:19. | |
Just want to take you to the BBC website. It is important day here as | :06:20. | :06:28. | |
well as far as Brexit is concerned. Ministers are expected to reject the | :06:29. | :06:31. | |
changes by the House of Lords. They sent it back to the Commons and | :06:32. | :06:36. | |
wanted two significant changes to the proposed bill before it would | :06:37. | :06:41. | |
allow the Prime Minister to trigger Article 50. If they do agree on it, | :06:42. | :06:45. | |
it formally starts the Brexit process and that could happen as | :06:46. | :06:49. | |
early as tomorrow. So all eyes will be on the Commons as far as that | :06:50. | :07:04. | |
vote is concerned. Change at the top of HSBC. Let's speak to the | :07:05. | :07:10. | |
Macdonald in Singapore. Talk us through the significance of this, it | :07:11. | :07:14. | |
is a big change? Yes, Mark Tucker is due to take over in October. He will | :07:15. | :07:20. | |
succeed Douglas Flynn. And he is a one-time professional footballer but | :07:21. | :07:25. | |
has had plenty of experience as an executive. He was the head of AIA | :07:26. | :07:34. | |
and prior to that he held a leadership position with Prudential. | :07:35. | :07:41. | |
HSBC is in the middle of the board and executive reshuffle, which | :07:42. | :07:45. | |
showed poor profits last year which blamed Donald Trump and | :07:46. | :07:48. | |
uncertainties caused by Brexit. The markets seem to like what they see, | :07:49. | :07:53. | |
shares rose more than 2% on the Hong Kong exchange after the | :07:54. | :07:58. | |
announcement. We will get the reaction from London in a little | :07:59. | :08:03. | |
while. First order of business will be to find news chief executive to | :08:04. | :08:07. | |
succeed Stuart Gulliver, who is planning to next year. Good to talk | :08:08. | :08:13. | |
to you. We saw the figures from the markets on the screen. All of that | :08:14. | :08:20. | |
coming of the better-than-expected jobs figures in the US last week. | :08:21. | :08:25. | |
This is how Asia is looking at close on the Dow on Friday. Let's talk | :08:26. | :08:30. | |
about what Europe is doing, the stronger growth is helping prop up | :08:31. | :08:35. | |
the wider market. This is what Europe is doing. As well as the Fed | :08:36. | :08:39. | |
meeting, central banks in four other rich economies, they are due to | :08:40. | :08:46. | |
deliver their decisions on Thursday. We should Saint none of them expect | :08:47. | :08:50. | |
to follow what the Fed is doing and tighten monetary policy, but they | :08:51. | :08:53. | |
have the job of trying to get their economies back on track. For the | :08:54. | :08:58. | |
Bank of England, it is trying to prepare the UK for Brexit. We will | :08:59. | :09:08. | |
talk about that in a moment. Michelle has the details from New | :09:09. | :09:13. | |
York. It'll be a busy week. On Tuesday, the US Federal Reserve will | :09:14. | :09:18. | |
begin its two-day meeting. After the stellar job report and the | :09:19. | :09:22. | |
continuing strengthening economy, the Fed will likely raise interest | :09:23. | :09:25. | |
rates for only the third time since the global financial crisis. The Fed | :09:26. | :09:29. | |
chair will be holding a press chair will be holding a press | :09:30. | :09:32. | |
conference at the end of the policy meeting on Wednesday, where | :09:33. | :09:36. | |
journalists will be asking her about her outlook on the US economy. And | :09:37. | :09:42. | |
the equity markets will likely react as well. Other events, the White | :09:43. | :09:46. | |
House budget director will release the Trump administration's budget | :09:47. | :09:51. | |
proposal the same day. The US is also running up against its debt the | :09:52. | :09:57. | |
newly installed Treasury Secretary has said the US will have to use | :09:58. | :10:01. | |
extraordinary measures to pay its bills at the March the 17th, or else | :10:02. | :10:08. | |
it runs the risk of defaulting. Michelle in New York. A busy week | :10:09. | :10:16. | |
ahead in the United States. Always lovely to see you Justin. Brand-new | :10:17. | :10:22. | |
trading week. The Fed is very much in focus. We have seen confirmation | :10:23. | :10:29. | |
that the American economy is in very good shape. Contrary to what | :10:30. | :10:34. | |
President Trump has been saying. Unemployment figures are good and | :10:35. | :10:37. | |
growth is fine so rates will be going up. Janet Yellen, has told us | :10:38. | :10:43. | |
last week that rates were going up and so she will stand up and confirm | :10:44. | :10:48. | |
it. What we want to know is are they going to go up any more after this? | :10:49. | :10:53. | |
It is pencilled in for two more rate rises this year. Not so worried | :10:54. | :10:58. | |
about growth this year, it is going to 18 and 19 when you slow down and | :10:59. | :11:03. | |
that is when you start putting rates down. You cannot cut rates until you | :11:04. | :11:07. | |
raise them. So this is good news, even though some people might be | :11:08. | :11:13. | |
worried. Compare what other central banks are doing, they are trying to | :11:14. | :11:18. | |
get back to normality? Central banks in the UK won't be raising rates. | :11:19. | :11:33. | |
The head of Bank of England has said they will focus on growth. That is | :11:34. | :11:37. | |
right, because of the concerns over Brexit and economy could be slowing. | :11:38. | :11:43. | |
In Europe, the Eurozone, there is more talk about rates going up | :11:44. | :11:47. | |
because the economies are doing well. It is interesting, the | :11:48. | :11:51. | |
whispering in the markets that perhaps rates could go up in the | :11:52. | :11:55. | |
Eurozone has caused the Euro to go up. If that were to happen, it would | :11:56. | :12:00. | |
be a way of? It doesn't have to happen yet. We were talking about | :12:01. | :12:05. | |
September. We were listening to the head of the ECB and he said not yet. | :12:06. | :12:11. | |
But the next move is going to happen and that is a positive sign. We are | :12:12. | :12:16. | |
asking our viewers for their least favourite holiday idea. You have got | :12:17. | :12:23. | |
many scary stories? Yes, but some joys of going into Uganda, probably | :12:24. | :12:27. | |
not the best place to go. Where are you going next? I going to Galilee | :12:28. | :12:35. | |
to do a date. I know what it means doing a date, what does it mean? | :12:36. | :12:40. | |
Digging on a Roman empire and it will be northern Israel. Any issues, | :12:41. | :12:47. | |
you are in a trench so you should be OK? Yes, I will take a tin hat so I | :12:48. | :12:52. | |
will be fine. Moral of the story, don't go on holiday with you. Have a | :12:53. | :12:54. | |
good week. Still to come, why | :12:55. | :12:57. | |
China is booming - not for manufacturing, | :12:58. | :12:59. | |
or exports - but for tourists. We speak to one firm that's cashing | :13:00. | :13:01. | |
in the rising demand You're with Business | :13:02. | :13:04. | |
Live from BBC News. If you're in the UK and you plan to | :13:05. | :13:23. | |
travel by rail, you will have noticed disruption. | :13:24. | :13:26. | |
Guards and drivers working for Northern Rail and Merseyrail | :13:27. | :13:29. | |
are striking over the introduction of Driver Only Operated trains - | :13:30. | :13:32. | |
and similar action is continuing on Southern Rail. | :13:33. | :13:36. | |
Steph McGovern is at Leeds Railway Station. | :13:37. | :13:43. | |
Getting busy, the rush hour underway, but some people could | :13:44. | :13:48. | |
struggle to get to where they want to go? They certainly could. If you | :13:49. | :13:55. | |
look at the board is it doesn't look too bad because actually the | :13:56. | :13:59. | |
majority of the services, the Northern Rail operators are on time, | :14:00. | :14:00. | |
but this is the revised timetable. but this is the revised timetable. | :14:01. | :14:07. | |
When you talk to commuters, a lot of them have been waiting for trains. | :14:08. | :14:12. | |
Northern Rail say they are only operating 40% of their services | :14:13. | :14:17. | |
today. Also they have had to put rail replacement buses. We were | :14:18. | :14:20. | |
chatting to people earlier who said they had to get the bus. It all adds | :14:21. | :14:24. | |
to the roads and we know what they like during rush hour. Lots of | :14:25. | :14:28. | |
commuters are facing this headline when they are handed this paper this | :14:29. | :14:34. | |
morning. March madness as a million hit by train chaos. This is a main | :14:35. | :14:42. | |
station for Northern Rail services. In the north-west you have | :14:43. | :14:46. | |
Merseyrail. They are also facing disruption. They were hoping to put | :14:47. | :14:51. | |
trains on every half an hour. They are normally on every 15 minutes, | :14:52. | :14:57. | |
but there are quite a few drivers who haven't crossed the picket line | :14:58. | :15:00. | |
so therefore they haven't got the drivers in order to be able to | :15:01. | :15:03. | |
operate as many trains as they had hoped today. If you couple that with | :15:04. | :15:11. | |
what is going on on Southern rail, they have faced so much disruption. | :15:12. | :15:15. | |
They are also saying there will be disruption today but they are | :15:16. | :15:18. | |
running 90% of their services. If you are going on those lines, look | :15:19. | :15:24. | |
before you travel. But is it from me. I know how cold reads train | :15:25. | :15:28. | |
station is, I am loving that fur collar. zbLez Bovis grabbed the | :15:29. | :15:39. | |
headlines since it revealed two take-over bids have come through | :15:40. | :15:47. | |
over the weekend. House-builder shares doing extremely well on the | :15:48. | :15:50. | |
FTSE 250 today on the back of that development. | :15:51. | :15:54. | |
China, once a net exporter of tourists around the world, | :15:55. | :16:02. | |
is now opening its borders and welcoming visitors in greater | :16:03. | :16:04. | |
China is now the world's fourth most popular tourist destination, | :16:05. | :16:10. | |
Nearly 57 million people travelled to China in 2015 for holidays - | :16:11. | :16:16. | |
according to the World Tourism Organisation. | :16:17. | :16:20. | |
Most foreign visitors come from elsewhere in Asia | :16:21. | :16:22. | |
But there are huge numbers of Western tourists | :16:23. | :16:26. | |
visiting China every year - especially from the US. | :16:27. | :16:38. | |
Wendy Wu Tours is cashing in on this trend specialising in off-the-beaten | :16:39. | :16:40. | |
track tours to China, and has seen a big jump in bookings. | :16:41. | :16:43. | |
Joining us now is Wendy Wu, founder of Wendy Wu Tours. | :16:44. | :16:46. | |
Welcome. Good morning. Just tell us Wendy about how it started for you. | :16:47. | :16:54. | |
You established your company quite a long time ago, but what caused you | :16:55. | :16:58. | |
to go down this road in the first place? When I was 20 I went to | :16:59. | :17:06. | |
Australia. I decided to go on a big holiday to China. I'm Chinese so I | :17:07. | :17:11. | |
did all the research myself, but I didn't want to go by myself. So two | :17:12. | :17:17. | |
weeks before the holiday I put a little ad in the paper to say, "This | :17:18. | :17:22. | |
is how much it will cost. This is the place I'm going to go to. | :17:23. | :17:26. | |
Whoever wants to come along, I will be your free guide." That was the ad | :17:27. | :17:31. | |
and that's how we started and we took off from there. And from that | :17:32. | :17:36. | |
point, of course, you've grown into a huge business. It is not just | :17:37. | :17:40. | |
about booking a holiday, it's about everything that you get with it, | :17:41. | :17:43. | |
it's the package, it is not just about a flight or hotel or a | :17:44. | :17:49. | |
commute. Yes. And that's the most important thing because for many | :17:50. | :17:51. | |
people going to China, it is the unknown. They don't know where to go | :17:52. | :17:55. | |
and what to see and you put all that together and that's your unique | :17:56. | :17:59. | |
selling point, is it? Ben, you've got it. What we do all the special | :18:00. | :18:06. | |
experiences. I'm Chinese and I know Tibet inside out. So therefore, for | :18:07. | :18:11. | |
example we take you to to see the Great Wall and we have the best | :18:12. | :18:17. | |
guides in China and we also, because we know where we go, so therefore, | :18:18. | :18:21. | |
for example, our customers will come back again and again with us. That | :18:22. | :18:23. | |
helps us to grow. So we say OK, I helps us to grow. So we say OK, I | :18:24. | :18:28. | |
have been to China so many times with you and where else do you want | :18:29. | :18:35. | |
to go? Then we take them to Japan. China is just growing and growing | :18:36. | :18:40. | |
because of that. It is growing and Western interest in holidays in | :18:41. | :18:43. | |
China has exploded. And you have made the most of that and this year | :18:44. | :18:48. | |
in terms of your turn over you've smashed last year's increasing turn | :18:49. | :18:52. | |
over, haven't you and we're only in March. What I found interesting, I | :18:53. | :18:58. | |
looked at your website and it was great and interesting, but I | :18:59. | :19:02. | |
understand from last week you could book online. Is that not a little | :19:03. | :19:08. | |
bit backwards? I would have thought you should have had us booking | :19:09. | :19:15. | |
online many years ago? Yes. We grew very fast and because the | :19:16. | :19:19. | |
destinations that we do such as China and Japan, people like to talk | :19:20. | :19:23. | |
with us and they need our expertise and knowledge. We do audio | :19:24. | :19:27. | |
experiences for example, over our holiday. Our job is to make it easy | :19:28. | :19:31. | |
for you to go to China and experience the hole thing. So it's a | :19:32. | :19:37. | |
three meal stay and all the entertainment and everywhere in | :19:38. | :19:41. | |
China. So that's the reason we grow so fast. In the past, even working | :19:42. | :19:46. | |
with our travel agents they are very strong for us so we grow on the back | :19:47. | :19:51. | |
of that, but technology is very, very important especially for the | :19:52. | :19:56. | |
future. So we decided we want to do it right. So we bought the | :19:57. | :20:01. | |
technology in-house. So we have the technology in-house. Where will the | :20:02. | :20:06. | |
growth come from? Will it be from the website or travel agents that | :20:07. | :20:11. | |
you have relied on for so long? OK. You're right, we're doing both | :20:12. | :20:16. | |
because for us in the past we actually, the customer asked for | :20:17. | :20:21. | |
brochures so we have beautiful brochures and we have travel agents. | :20:22. | :20:27. | |
They know us inside out and they have customers every day, so they | :20:28. | :20:32. | |
have expertise in their area so they know how good we are and the growth | :20:33. | :20:37. | |
comes from yeah, that experience, it is our inside knowledge that makes | :20:38. | :20:47. | |
us grow and in future, for example we are building a special platform | :20:48. | :20:55. | |
with the travel agents so we can grow with the customers. Take a | :20:56. | :20:57. | |
look. In a moment we'll take a look | :20:58. | :21:01. | |
through the Business Pages but first here's a quick reminder of how | :21:02. | :21:04. | |
to get in touch with us. The Business Live page | :21:05. | :21:07. | |
is where you can stay ahead of all the day's | :21:08. | :21:09. | |
breaking business news. We'll keep you up-to-date | :21:10. | :21:11. | |
with the latest details of insight and analysis from the BBC's team | :21:12. | :21:14. | |
of editors right around the world. Get involved on the BBC | :21:15. | :21:17. | |
Business Live web page On Twitter, we're @bbcbusiness, | :21:18. | :21:21. | |
and you can find uson On Twitter, we're @bbcbusiness, | :21:22. | :21:28. | |
and you can find us on Business Live on TV and online, | :21:29. | :21:31. | |
whenever you need to know. Get in touch. No excuses. You can | :21:32. | :21:42. | |
see and hear about Dominic on our website. | :21:43. | :21:46. | |
The BBC's Dominic O'Connell is with us. | :21:47. | :21:50. | |
To say to Dominic and all of you out there, we have been enjoying your | :21:51. | :21:56. | |
tweets about your least favourite holiday. We have got a travel theme. | :21:57. | :22:00. | |
Ben, I don't know if you want to talk about those. Ritchie says, | :22:01. | :22:04. | |
"Anywhere that's cold is his nightmare holiday. I would rather do | :22:05. | :22:09. | |
beach, sun and sand." Marie says, "I hate beach and drinking holidays. | :22:10. | :22:14. | |
Benidorm is my nightmare." Chris' favourite holiday is a beach holiday | :22:15. | :22:18. | |
with no luxuries. Dominic, what's your holiday from hell? Being | :22:19. | :22:22. | |
originally from New Zealand the idea of a seaside holiday where there is | :22:23. | :22:26. | |
rain and cloud is kind of strange. Why would you go to the sea... So | :22:27. | :22:33. | |
you haven't hold dayed in Wales? There is a perverse enjoyment to be | :22:34. | :22:41. | |
had from with standing the elements. The wind break, what is that? That's | :22:42. | :22:45. | |
the must have when on the beach in the UK! If it is that windy, don't | :22:46. | :22:49. | |
go! Let's look at some other stories out | :22:50. | :22:56. | |
there. This one grabbed my attention, Iceland to end capital | :22:57. | :22:59. | |
controls in place since 2008. Iceland is back. Yeah, well, it is | :23:00. | :23:05. | |
the end of a saga, if you excuse the pun. In 2008 Iceland built up a | :23:06. | :23:10. | |
banking sector which was 14 times the size of its economy. Completely | :23:11. | :23:13. | |
crashed the economy. The controls were put in place to protect the | :23:14. | :23:18. | |
economy from more damage because a lot of Icelandic people had | :23:19. | :23:22. | |
borrowings in foreign currency and it was to stop all that money | :23:23. | :23:26. | |
rushing out of the Icelandic economy and slowly, over the years, those | :23:27. | :23:30. | |
controls have been released. Even up until recently, if you are an | :23:31. | :23:34. | |
Icelandic person and wanting to go on holiday and buy currency, you had | :23:35. | :23:40. | |
to go to the bank with airline tickets to prove you were going. | :23:41. | :23:44. | |
That's nine years after the crisis they are finally back in the wider | :23:45. | :23:48. | |
international community. Yes, it is fascinating and you see the | :23:49. | :23:53. | |
repercussions on a big clamp-down on where money goes? It was three | :23:54. | :24:02. | |
banks. It was a big deal for many UK bankers as well? Yes, lots of retail | :24:03. | :24:11. | |
banks and British Councils had borrowed and the original | :24:12. | :24:15. | |
entrepreneurs bought up a huge chunk of the high street. What's | :24:16. | :24:20. | |
interesting is the turn around story of Iceland given the crisis it was | :24:21. | :24:23. | |
in and you look at other countries in a financial crisis and they are | :24:24. | :24:26. | |
in the thick of their crisis. Iceland is not? Iceland has been a | :24:27. | :24:34. | |
rich economy based on primary industries, fishing, tourism and | :24:35. | :24:37. | |
agriculture. It has gone become to those traditional strengths and it's | :24:38. | :24:42. | |
doing well. Can we talk about IKEA? Are you any good at putting IKEA | :24:43. | :24:48. | |
furniture together? I don't mind. It is screws and Alan keys. It is fine | :24:49. | :24:53. | |
if you haven't got kids running off with the bits! No screws and no Alan | :24:54. | :25:01. | |
keys, it clicks together, it is like giant Lego. It takes the fun out of | :25:02. | :25:07. | |
it. When you can put together a really complicated IKEA kit you've | :25:08. | :25:15. | |
made it. It probably saves them cost because they're not having to put | :25:16. | :25:21. | |
components in, but it comes down design in every day life and it's | :25:22. | :25:25. | |
stuff like this that really shows the power of design. It is all made | :25:26. | :25:31. | |
to an amazing standard. Not many IKEA kits go wrong. When was | :25:32. | :25:33. | |
last time that you had an IKEA kit last time that you had an IKEA kit | :25:34. | :25:37. | |
when the parts weren't there. It is when the parts weren't there. It is | :25:38. | :25:41. | |
perfect example. Sell a lot of them perfect example. Sell a lot of them | :25:42. | :25:44. | |
and sell them cheap. Dominic, thank you. So what's your holiday hell | :25:45. | :25:51. | |
then? Oh, always having to work on holiday, and e-mails on holiday, but | :25:52. | :25:55. | |
beach holiday all the way for me. Holiday without the kids! No, not | :25:56. | :26:01. | |
necessarily. Family holidays are great too! See you soon. Bye-bye. | :26:02. | :26:09. |