Browse content similar to 20/03/2017. Check below for episodes and series from the same categories and more!
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Digital advertising can tell you who's watching and when. | :00:15. | :00:17. | |
Are firms being conned by fake views? | :00:18. | :00:23. | |
Also in the programme, two of India's largest telecoms firms. | :00:24. | :00:28. | |
Vodafone India Idea Cellular are merging to become | :00:29. | :00:34. | |
We'll cross live to Mumbai for the latest. | :00:35. | :00:39. | |
And it's a quiet day for corporate and economic news | :00:40. | :00:42. | |
after the excitement of last week's Fed rate rise. | :00:43. | :00:46. | |
We'll look at what's moving the numbers and why. | :00:47. | :00:48. | |
Also in the programme, we'll be visiting the new silk road. | :00:49. | :00:51. | |
It spans 7,500 miles, but how will businesses capitalise | :00:52. | :00:54. | |
on the new train link between Asia and Europe? | :00:55. | :00:58. | |
It's the UN's international day of Happiness. | :00:59. | :01:01. | |
Norway has come out top in the World Happiness Index overtaking | :01:02. | :01:07. | |
Let us know What makes you happy in your job? | :01:08. | :01:15. | |
If people don't know you exist, or what you do, you'll | :01:16. | :01:44. | |
So how do firms make sure they're spending it in the right place | :01:45. | :01:52. | |
That's top of the agenda for the industry's big annual | :01:53. | :01:57. | |
Around the world, across all forms of media it's thought to be | :01:58. | :02:03. | |
at nearly half a trillion dollars a year. | :02:04. | :02:06. | |
But where companies chose to spend their ad dollars is changing. | :02:07. | :02:10. | |
About 38% went on traditional TV adverts last year with 36% | :02:11. | :02:15. | |
This year online ads are set to become the biggest slice | :02:16. | :02:23. | |
But the platforms which host the ads like Google and Facebook | :02:24. | :02:28. | |
are grappling with a big rise in advertising fraud. | :02:29. | :02:31. | |
This comes in the form of bots and software that tricks websites | :02:32. | :02:34. | |
into thinking more people have actually seen an ad which means | :02:35. | :02:38. | |
And this problem is growing, and some of the leading players | :02:39. | :02:46. | |
in the industry are now warning that 20 percent of all digital ad | :02:47. | :02:50. | |
spending is in danger of being wasted on fraud. | :02:51. | :02:56. | |
With me is Our Technology Correspondent Rory Cellan Jones. | :02:57. | :03:03. | |
Rory, this is something you've talked to some of the top bosses | :03:04. | :03:08. | |
about, it's a big deal for the advertising industry isn't it? It's | :03:09. | :03:12. | |
a crisis really. I think it's a subject that's dominating chat at | :03:13. | :03:15. | |
all sorts of advertising meetings and conferences. Don't forget, when | :03:16. | :03:20. | |
online advertising came along, it had huge promise, you would be able | :03:21. | :03:23. | |
to target people precisely, you would know more about who was seeing | :03:24. | :03:28. | |
your ad, then you would be able to measure the performance effectively. | :03:29. | :03:32. | |
Both those things have been brought massively into question by the sheer | :03:33. | :03:38. | |
extent of ad fraud. A survey predicted that out of the $80 | :03:39. | :03:44. | |
billion spent worldwide on digital advertising, over $16 billion would | :03:45. | :03:47. | |
be completely wasted and go in fraud. They are getting increasingly | :03:48. | :03:50. | |
desperate about how to tackle it and they are getting very angry with the | :03:51. | :03:54. | |
likes of Google and Facebook. So what is likely to happen? I | :03:55. | :03:58. | |
you can bolt on to your ads to you can bolt on to your ads to | :03:59. | :04:03. | |
reduce this somehow if you are a customer wanting to advertise on | :04:04. | :04:07. | |
Google but actually Google and Facebook are not keen on that? | :04:08. | :04:11. | |
There's pre-big verification software being touted by some | :04:12. | :04:17. | |
agencies as being very effective in reducing fraud to virtually zilch. | :04:18. | :04:20. | |
They are saying make sure that you are actually getting real traffic | :04:21. | :04:24. | |
before you place your ads, that these aren't going to be subject to | :04:25. | :04:28. | |
phoney views, your ads will be viewed by people not computers. But | :04:29. | :04:32. | |
they're saying that Google and Facebook aren't keen on this | :04:33. | :04:38. | |
software. Google have told me we don't allow third party software on | :04:39. | :04:41. | |
our platforms but they claim that they in any case are doing all sorts | :04:42. | :04:46. | |
of stuff. I have a statement saying we took down 1.7 billion ads that | :04:47. | :04:50. | |
violated their policy last year more than double the previous year. What | :04:51. | :04:55. | |
should begans do who wished to advertise online effectively and not | :04:56. | :04:59. | |
want to pay out for ads not being looked at by real people? It's | :05:00. | :05:04. | |
basically a technological war, a bit like the arms race going on over | :05:05. | :05:09. | |
cyber security. They need the best tools available. They are uniting | :05:10. | :05:12. | |
now the advertising industry in a way you have not seen them do | :05:13. | :05:19. | |
before, saying, I heard a threat recently from the big agencies to | :05:20. | :05:23. | |
Google and Facebook, listen if you don't sort this because you dominate | :05:24. | :05:26. | |
online advertising, we are going to have a boycott. That seems unlikely | :05:27. | :05:31. | |
because why would you move away from the biggest platform, but they're | :05:32. | :05:33. | |
making that threat. Interesting. Thank you, Rory. More | :05:34. | :05:39. | |
on that later in the programme. Uber president Jeff Jones | :05:40. | :05:42. | |
is leaving the company A source at the taxi booking company | :05:43. | :05:46. | |
told the BBC the resignation They said Mr Jones was frustrated | :05:47. | :05:51. | |
that Uber was hiring a new chief operating officer | :05:52. | :05:58. | |
and that he was not But according to technology news | :05:59. | :06:01. | |
site Recode, Mr Jones left because of Uber's continued struggle | :06:02. | :06:05. | |
with issues around sexism South Korea has complained | :06:06. | :06:08. | |
to the World Trade Organisation about China, saying the world's | :06:09. | :06:12. | |
second largest economy put restrictions on its goods | :06:13. | :06:14. | |
in response to the installation Chinese authorities have closed | :06:15. | :06:17. | |
stores of South Korea's Lotte Group, but Beijing denies the link | :06:18. | :06:22. | |
between the closures China is South Korea's | :06:23. | :06:25. | |
largest trading partner. Brazil's President Michel Temer has | :06:26. | :06:31. | |
sought to reassure foreign trade partners that the corruption scandal | :06:32. | :06:34. | |
engulfing the country's meat industry does not | :06:35. | :06:37. | |
mean its products are unsafe. In a meeting with ambassadors from | :06:38. | :06:40. | |
Europe, the United States and China, Mr Temer said his government | :06:41. | :06:43. | |
is confident about the quality Top meat-packers have been accused | :06:44. | :06:47. | |
of selling rotten produce for years. Brazil is the world's | :06:48. | :06:52. | |
biggest red meat exporter. UK telecoms giant Vodafone | :06:53. | :07:03. | |
has merged its Indian business with Idea Cellular, | :07:04. | :07:06. | |
India's third-largest network, to create the country's | :07:07. | :07:10. | |
largest operator. Sameer Hashmi is at the company's | :07:11. | :07:12. | |
press conference in Mumbai. Sameer, bring us up-to-date. This is | :07:13. | :07:21. | |
a big deal create ago huge organisation when all the signing is | :07:22. | :07:26. | |
done on the dotted rhine? That is right. -- dotted line. It's | :07:27. | :07:34. | |
a mega-merger. There are still a lot of issues that need to be sorted out | :07:35. | :07:38. | |
and that's the reason why both companies have said that it will | :07:39. | :07:42. | |
take up to 24 months for the merger to complete. Once done, it will be | :07:43. | :07:47. | |
the largest Telecoms company in India with nearly 400 million users, | :07:48. | :08:02. | |
a huge market share in India. There is a huge price war happening. There | :08:03. | :08:14. | |
is a company owned by another company, offering Internet data at | :08:15. | :08:17. | |
dirt cheap prices which has forced big players to come together to cut | :08:18. | :08:22. | |
losses and make money in this highly competitive market. Remember with | :08:23. | :08:26. | |
over a billion phone-users, India is an attractive market but to make | :08:27. | :08:28. | |
money they need to consolidate the size of this market. That's what the | :08:29. | :08:32. | |
companies are trying to do. Thank you very much for keeping us across | :08:33. | :08:36. | |
that. I know you will follow the twists and turns of that as it | :08:37. | :08:38. | |
develops. Most Asian markets lower | :08:39. | :08:39. | |
at the start of a new week - following on from the rises last | :08:40. | :08:42. | |
week after the Fed Rate decision and easing of fears over | :08:43. | :08:45. | |
the election in the Netherlands. Wall Street also ended | :08:46. | :08:48. | |
lower on Friday. European markets look like this | :08:49. | :08:51. | |
right now on what's likely to be a quiet day for corporate | :08:52. | :08:54. | |
and economic news. Samira has the details about what's | :08:55. | :09:03. | |
ahead on Wall Street Today. Last week they were busy raising | :09:04. | :09:12. | |
interest rates, this week beneficials will be business write | :09:13. | :09:15. | |
speaking at events around the country. The Federal Reserve will be | :09:16. | :09:20. | |
giving opening remarks at a research conference and A Fed official will | :09:21. | :09:26. | |
also be speaking. Nike will be reporting earnings on Tuesday and | :09:27. | :09:31. | |
the company is struggling with increased competition from Under | :09:32. | :09:35. | |
Armour and Adidas in North America. Nike still holds a big part of the | :09:36. | :09:39. | |
footwear market but rivals are gaining strength. And finally on | :09:40. | :09:47. | |
Thursday, the world's biggest video game retailer, Game Stop, will be | :09:48. | :09:53. | |
reporting earnings. Lower sales of video game titles will likely hurt | :09:54. | :09:56. | |
the company's earnings. Joining us is Jessica Ground, UK | :09:57. | :09:59. | |
Equities Fund Manager, Schroders. Good morning, nice to see you. A new | :10:00. | :10:10. | |
trading week but it feels flat after the flurry of last week's activity. | :10:11. | :10:24. | |
We had a Fed Rate decision. Japan is closed, not much going on. Deutsche | :10:25. | :10:27. | |
Bank grabbing attention for the wrong reasons again. Fill us in | :10:28. | :10:33. | |
about Deutsche Bank? Deutsche Bank has been a long-running saga. German | :10:34. | :10:40. | |
industry has always been fantastic, very high returns, but banks have | :10:41. | :10:44. | |
always really struggled to get good returns and this has been Deutsche's | :10:45. | :10:52. | |
suring up of the balance sheets, selling off Asset Management. To | :10:53. | :10:58. | |
Europe. We heard a lot of economic data, the unemployment figures and | :10:59. | :11:01. | |
growth figures. Inflation this week. What are we expecting? It's not | :11:02. | :11:07. | |
going to be great. We have got weaker sterling and higher oil | :11:08. | :11:11. | |
commodity prices so that naturally is going to be inflationary. We | :11:12. | :11:15. | |
import a lot of things so that will be coming through in food, as well | :11:16. | :11:19. | |
as petrol. Interesting though that the dollar is weakening over the | :11:20. | :11:24. | |
weekend. We are looking today at the pound dollar, the pound buying quite | :11:25. | :11:29. | |
a bit of collars unusually today -- dollars. Quite unusual. The Fed yes, | :11:30. | :11:34. | |
an official rate rise, but then people feeling it was quite dovish, | :11:35. | :11:41. | |
so the Fed saying they are going to be watching, doesn't need to rise a | :11:42. | :11:46. | |
lot very quickly. The Bank of England though is more hawkish and | :11:47. | :11:49. | |
really saying it's going to be watching the inflation figures very | :11:50. | :11:53. | |
closely. And briefly, I'm looking at the | :11:54. | :11:56. | |
board there, there's not a huge amount to get excited about. Sally | :11:57. | :12:00. | |
touched on the fact that we had all the excitement last week. What is | :12:01. | :12:04. | |
the next thing to look out for? European elections. Just really | :12:05. | :12:13. | |
policy uncertainty in the US and UK won wondering how much uncertainty | :12:14. | :12:17. | |
there will be. Europe has been staging a good economic recovery, | :12:18. | :12:19. | |
people will be wanting that to continue. | :12:20. | :12:21. | |
We'll watch that closely. Nice to see you. Thank you. | :12:22. | :12:27. | |
Still to come on the programme: We'll be visiting the knell Silk | :12:28. | :12:34. | |
Road, spanning 7,500 miles, but how will businesses capitalise on the | :12:35. | :12:40. | |
link? Stay with us for that. You are with us now on business live news. | :12:41. | :12:47. | |
More now on Europe's largest gathering of | :12:48. | :12:50. | |
The UK's advertising market is worth around ?200 billion. | :12:51. | :12:54. | |
With targeted advertising coming under fire for adverts placed next | :12:55. | :12:56. | |
to extremist material, what are the other challenges facing | :12:57. | :12:59. | |
Edwina Dunn is the chief executive of Starcount | :13:00. | :13:05. | |
and she was co-founder of Dunnhumby, the firm behind the Tesco Clubcard. | :13:06. | :13:10. | |
A very good morning to you. Let's talk about what you do with the data | :13:11. | :13:16. | |
because clearly you are an expert in all of this and know what consumers | :13:17. | :13:20. | |
are doing, how and where they shop, and that is the joy of digital | :13:21. | :13:24. | |
advertising and marketing, you have more information about customers | :13:25. | :13:27. | |
than ever before? Yes, that is right. Actually, when | :13:28. | :13:33. | |
we started work with Tesco on Clubcard 20 years ago, people said | :13:34. | :13:37. | |
that targeted marketing would never be relevant because Tesco is a mass | :13:38. | :13:43. | |
market brand. And so no-one really could conceive the idea of sending | :13:44. | :13:47. | |
differentiated messages to millions of consumers. But it worked and it | :13:48. | :13:52. | |
propelled them from, you know, almost third place in the market to | :13:53. | :13:58. | |
market leader by a massive percentage. I feel where we are in | :13:59. | :14:03. | |
the market right now is in a similar position. People are saying, you | :14:04. | :14:08. | |
know, digital and being able to reach millions of people means that | :14:09. | :14:14. | |
there's no role for selective or targeted advertising. People get | :14:15. | :14:20. | |
everything. I think it's the time that it's going to shift now and | :14:21. | :14:24. | |
there are going to be some companies out there that are really clever in | :14:25. | :14:30. | |
how they actually selectively offer up content and messages. | :14:31. | :14:34. | |
And that, to some of us listening, might be a worry because we are | :14:35. | :14:38. | |
finding out that you are becoming much more clever at targeting us and | :14:39. | :14:43. | |
using the data that you do receive about us and we are concerned about | :14:44. | :14:47. | |
where that is going and how it's used? I think the fact is, consumers | :14:48. | :14:54. | |
have gotten used to free stuff. People, mainly getting some idea of | :14:55. | :14:58. | |
what they're interested in. That combination of wanting free stuff | :14:59. | :15:03. | |
and knowing them, that puts huge demands on companies to actually be | :15:04. | :15:05. | |
smarter with data. Flavoursome All of the technology | :15:06. | :15:15. | |
has been rear view mirror, analysing what people did. The future will | :15:16. | :15:17. | |
be... Sorry to interrupt. Now, you might not pay | :15:18. | :15:31. | |
much attention to them, but white - fridges, | :15:32. | :15:46. | |
washing machines and dishwashers Turkey's biggest white | :15:47. | :15:48. | |
goods company, Arcelik, operates in more than 100 countries | :15:49. | :15:55. | |
including the United States. But now they want to | :15:56. | :16:00. | |
expand into China. China's retail market became | :16:01. | :16:05. | |
the world's biggest last year, worth $4.89 trillion, | :16:06. | :16:07. | |
overtaking the US. It's now valued at $4.82 trillion, | :16:08. | :16:15. | |
but high-end home appliances Sales have fallen in the past few | :16:16. | :16:17. | |
years and there are worries that Arcelik is Europe's third largest | :16:18. | :16:21. | |
home appliances company. As the Silk Road is revived | :16:22. | :16:30. | |
with the new train link between Britain and East China, | :16:31. | :16:34. | |
does that really open Hakan Bulgurlu is Chief | :16:35. | :16:37. | |
Executive of Arcelik. Welcome to Business Live. Thank you. | :16:38. | :16:49. | |
Now, you are a Turkish company. You have been around for many years and | :16:50. | :16:52. | |
you've been with the company for sometime yourself. And you're very | :16:53. | :16:58. | |
established in many countries around the world including China, but for | :16:59. | :17:02. | |
your company, how big an opportunity did does this new link provide for | :17:03. | :17:09. | |
you? I personally firmly believe that the economic growth engine of | :17:10. | :17:13. | |
the world is shifting to the east together with the enlarging middle | :17:14. | :17:18. | |
classes I think South East Asia and the Indian subcontinent will take a | :17:19. | :17:23. | |
larger share of global GDP. Arcelik we're trying to position Beko our | :17:24. | :17:31. | |
brands. Turkey has a long-standing tradition of trading on the Silk | :17:32. | :17:35. | |
Road. Today with China's investment in one belt, one road policy and the | :17:36. | :17:39. | |
giant infrastructure projects that are going in both in South East Asia | :17:40. | :17:46. | |
and the Indian subcontinent I believe there will be lots of | :17:47. | :17:49. | |
opportunities. We have established a manufacturing base in Thailand with | :17:50. | :17:54. | |
sales subsidiaries in many of those countries, but also acquired a | :17:55. | :17:58. | |
company in Pakistan which has a very firm future with the 200 million | :17:59. | :18:04. | |
trong population. How difficult is to penetrate those markets? We | :18:05. | :18:10. | |
talked about China. I imagine there is so much competition in the Asian | :18:11. | :18:14. | |
economies where they're making. I mean some companies have been making | :18:15. | :18:18. | |
white goods for again rations and they are very well established? | :18:19. | :18:24. | |
Competition is very severe. Differentiating is the key | :18:25. | :18:31. | |
factorment we invest in innovation. We have a research facility in | :18:32. | :18:34. | |
Cambridge which we're proud of. The only way is to differentiate, water | :18:35. | :18:42. | |
efficiency, preventing food waste. In these developing economies | :18:43. | :18:44. | |
because are important aspects of the product. We believe we're better | :18:45. | :18:51. | |
than the competition and as Arcelik we're used to doing business in | :18:52. | :18:54. | |
difficult to do business places. We find it easier than the comp t. Talk | :18:55. | :19:00. | |
me through the trade flows. We are used to seeing products and services | :19:01. | :19:09. | |
come from west to east, but that's changing? We have 18 factories in | :19:10. | :19:16. | |
seven kuvenlts countries. We believe that the manufacturing footprint is | :19:17. | :19:20. | |
going to be important going forward. So for South East Asia, Thailand and | :19:21. | :19:28. | |
for the Indian subcontinent, we are in Pakistan, but other markets will | :19:29. | :19:31. | |
be important too. White goods are large so you need to manufacture | :19:32. | :19:37. | |
close to the market itself. Consumer insight is critical. Each market is | :19:38. | :19:41. | |
very different to the other and you have to integrate the consumer | :19:42. | :19:45. | |
insights into the product themselves so you have to be local. You're | :19:46. | :19:50. | |
local and you're global and you're diversified globally which I imagine | :19:51. | :19:54. | |
is very important for you as a company in terms of weathering the | :19:55. | :19:58. | |
economic storms that are taking place in various economies, when it | :19:59. | :20:02. | |
comes to the politics with the president in Turkey, how is that | :20:03. | :20:06. | |
affecting how you go about your business and what's going on in | :20:07. | :20:14. | |
Turkey with the immigration crisis. You are based, founded and you have | :20:15. | :20:20. | |
thousands of employees? I believe Turkey's future is very sound. The | :20:21. | :20:24. | |
economic growth, the demographics are very positive. There are | :20:25. | :20:27. | |
challenges. Chiefly immigration as you mentioned. But also, the | :20:28. | :20:34. | |
politics with Europe may cause temporary fluctuations, but the | :20:35. | :20:37. | |
partnership is so deeply rooted, Europe and Turkey both need each | :20:38. | :20:41. | |
other, not only for the market, but for a manufacturing base. Let's talk | :20:42. | :20:45. | |
about inflation because it is one of the things we're told will go up. We | :20:46. | :20:49. | |
have seen the fall in the value of the pound. That means stuff we | :20:50. | :20:52. | |
import from overseas, what effect does it have on you because we're | :20:53. | :20:56. | |
told white goods is something we will see a rise in? 2.5 million | :20:57. | :21:03. | |
appliances are sold in the UK. Brexit caused some fluctuation with | :21:04. | :21:06. | |
currency which will have inflationary pressure. We expect | :21:07. | :21:10. | |
that toe maybe temper demand for sometime going forward. However, the | :21:11. | :21:18. | |
UK's prospects are, if you look at the G7 economies growth, on going | :21:19. | :21:23. | |
growth targets. The UK is projected to grow faster than the G7 economies | :21:24. | :21:28. | |
so we aim to double our business here over the next five years. We're | :21:29. | :21:32. | |
market leaders in terms of units and value, but we believe the economy | :21:33. | :21:36. | |
will do just fine. Come back in five years when you've doubled the | :21:37. | :21:38. | |
business and we'll speak to you again. Hopefully. | :21:39. | :21:45. | |
Thank you for coming in. The CEO of Arcelik. Fascinating. | :21:46. | :21:52. | |
In a moment we'll take a look through the business pages but first | :21:53. | :21:55. | |
here's a quick reminder of how to get in touch with us. | :21:56. | :21:58. | |
The Business Live page is where you can stay | :21:59. | :22:00. | |
ahead of all the day's breaking business news. | :22:01. | :22:02. | |
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Get involved on the BBC Business Live web page | :22:09. | :22:12. | |
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Business Live on TV and online, whenever you need to know. | :22:24. | :22:30. | |
This is in Bloomberg. It is international world happiness day | :22:31. | :22:42. | |
and they have got a story, but Bloomberg put the money spin on it | :22:43. | :22:47. | |
that money doesn't buy happiness. This research tried to quantify how | :22:48. | :22:51. | |
unhappy money might make you. It looked at how happy people were in | :22:52. | :22:55. | |
2006 in America and how much money you'd have to be earning in order to | :22:56. | :22:59. | |
make up for how more unhappy you were now. So basically, USDP is | :23:00. | :23:06. | |
$53,000. To make you happy, you need $133,000, it would have to go up | :23:07. | :23:11. | |
that much. People are more unhappy maybe because they're earning more | :23:12. | :23:14. | |
money because they perceive there is more corruption in society, all | :23:15. | :23:18. | |
these soft issues rather than just economic wealth. | :23:19. | :23:21. | |
Shall we talk about what the viewers have been saying to us about | :23:22. | :23:25. | |
international happiness day. We asked the question what would make | :23:26. | :23:29. | |
you happy at work. Ben said working with me. Anyway, Gary says, | :23:30. | :23:41. | |
"Fridays." Gary, I'm with you. Yohan says, "Helping others achieve their | :23:42. | :23:45. | |
goals." Another viewer says, "The fact that he has retired." Judith | :23:46. | :23:51. | |
says it is about the joy of seeing employees reach their potential and | :23:52. | :23:55. | |
shine. Judith sounds like a nice boss. Assuming she is a boss. | :23:56. | :24:05. | |
Judith, who do you work for? General Motors tries a subscription plan for | :24:06. | :24:10. | |
cadillacs? You buy a service from the company. A cadillac turns up at | :24:11. | :24:14. | |
your door, if you don't fancy that one, you call up and change it to | :24:15. | :24:19. | |
another one. You drive it? It is not a chauffeur. It is like a power by | :24:20. | :24:26. | |
the hour! You pay... It is taking it another step forward. You just | :24:27. | :24:31. | |
really are buying mobility services of a company and Ford and Volkswagen | :24:32. | :24:35. | |
have looked hard at this idea. We'll provide you with whatever you want, | :24:36. | :24:39. | |
a motorbike, a taxi or a car, or whatever you want just to move you | :24:40. | :24:43. | |
around. The car companies will just own the relationship with the | :24:44. | :24:46. | |
customer and get away from the messy business of making cars. This is | :24:47. | :24:50. | |
fascinating. In five or ten years, we'll look back and the idea of | :24:51. | :24:54. | |
buying a car that sits for the majority of time outside your house, | :24:55. | :24:58. | |
empty and unused is a waste of money. Odd. You will start paying | :24:59. | :25:03. | |
for what you use so paying by the hour for your car. It will work out | :25:04. | :25:07. | |
cheaper in the long-term. Unless you've got a rare cadillac, the car | :25:08. | :25:12. | |
you buy just loses value the money you park it on the drive. As soon as | :25:13. | :25:19. | |
it drives off the show room floor. You need fewer parking spaces and | :25:20. | :25:26. | |
fewer car parks in city centres. For the car insurance industry, what | :25:27. | :25:29. | |
does it mean? They will insure the car and they don't need to insure | :25:30. | :25:32. | |
you. Nice to see you. Thank you for that. Thank you for your company | :25:33. | :25:37. | |
today. Keep smiling! It is international happiness day. We're | :25:38. | :25:40. | |
very happy. We will see you soon. Bye-bye. | :25:41. | :25:52. | |
Hello. Good morning. Spring is going to be taking a bit of | :25:53. | :25:54. |