Browse content similar to 28/03/2017. Check below for episodes and series from the same categories and more!
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This is Business Live from BBC News with Sally Bundock and Ben Thompson. | :00:00. | :00:12. | |
As Britain gets set to pull the trigger on Brexit | :00:13. | :00:14. | |
what different has the referendum result really made to the economy? | :00:15. | :00:17. | |
Live from London, that's our top story | :00:18. | :00:19. | |
Greater prosperity inside the European single market was one | :00:20. | :00:39. | |
of the dominant arguments of remainers - were they right? | :00:40. | :00:42. | |
Or will the Brexiteers sums add up for Theresa May? | :00:43. | :00:46. | |
Also in the programme: Making it's China ambitions plain. | :00:47. | :00:48. | |
American Airlines teams up with China Southern to gain | :00:49. | :00:51. | |
a foothold in one of the world's most competitve markets. | :00:52. | :00:58. | |
And the European trading day gets off to a positive start - | :00:59. | :01:00. | |
but could there be a cabinet reshuffle in South Africa today? | :01:01. | :01:03. | |
We'll make sure you're across the key market moving stories. | :01:04. | :01:08. | |
And when it comes to your health - what price would you pay | :01:09. | :01:11. | |
We meet the firm that says it can tailormake your healthcare plan - | :01:12. | :01:16. | |
and guide you through the confusing - and expensive - world | :01:17. | :01:19. | |
And as confectionery giant Mars says its Maltesers, | :01:20. | :01:27. | |
M and Minstrels packs are to shrink by 15% | :01:28. | :01:30. | |
We want to know - do you prefer higher prices or smaller packs? | :01:31. | :01:41. | |
Let us know, use the hashtag BBCBizLive. | :01:42. | :01:43. | |
Get in touch. I'm sure you have a view. | :01:44. | :01:56. | |
On Wednesday, Theresa May triggers Article 50, | :01:57. | :02:03. | |
and the UK will start two years of Brexit negotiations | :02:04. | :02:06. | |
So just how is Britain's economy doing - and have any | :02:07. | :02:17. | |
of the predictions of doom and gloom come to pass? | :02:18. | :02:23. | |
The UK economy grew by more than previously reported | :02:24. | :02:25. | |
The value of goods and services produced in the UK - | :02:26. | :02:30. | |
or Gross Domestic Product - was up by 0.7% - from 0.6% - | :02:31. | :02:33. | |
according to the Office for National Statistics. | :02:34. | :02:37. | |
The pound fell sharply after the Brexit vote, | :02:38. | :02:42. | |
and has since been trading around 15% lower compared to the dollar | :02:43. | :02:45. | |
The weaker pound has helped exporters and | :02:46. | :02:57. | |
the tourism industry - but it's hit | :02:58. | :02:59. | |
The FTSE 100 has risen 16% since the eve | :03:00. | :03:05. | |
But the weak pound could be helping: big companies' profits are often | :03:06. | :03:13. | |
international and calculated in dollars - and they automatically | :03:14. | :03:16. | |
rise when converted back into sterling. | :03:17. | :03:23. | |
After the referendum, the Bank of England boosted | :03:24. | :03:27. | |
the economy by cutting interest rates from 0.5% to 0.25% last | :03:28. | :03:30. | |
August - taking UK rates to a new record low. | :03:31. | :03:35. | |
The unemployment rate has been falling and is currently | :03:36. | :03:42. | |
around 1.6 million people - the lowest jobless rate since 2005. | :03:43. | :03:46. | |
Meanwhile, in the three months to January, wages grew by 2.3%, | :03:47. | :03:49. | |
compared with the same period a year earlier. | :03:50. | :03:53. | |
He's the Europe associate at the political risk | :03:54. | :03:56. | |
Salary running to the details and it appears from an economic perspective | :03:57. | :04:08. | |
the UK is approaching these negotiations from a sound financial | :04:09. | :04:13. | |
footing -- salary running. Yes, the public deficit is still quite large, | :04:14. | :04:18. | |
but certainly I think it has impressed most observers and | :04:19. | :04:22. | |
surprised them in how it has performed, talking about the UK | :04:23. | :04:26. | |
economy, the growth outlook is still quite good and investment is still | :04:27. | :04:32. | |
all right. Inflation is above 2% target and hasn't quite gone crazy. | :04:33. | :04:37. | |
Overall the UK's economy is quite strong, but the question is whether | :04:38. | :04:40. | |
the investment outlook remains the same and over the next two years, | :04:41. | :04:46. | |
all the people that were interested in the UK for investing will be very | :04:47. | :04:50. | |
interested in the deal that we get with our European partners, our | :04:51. | :04:55. | |
biggest market, and the UK has been seen as a investing destination | :04:56. | :05:03. | |
because it was inside the single market, but what about when it is | :05:04. | :05:08. | |
outside? The first issue that you raise, the economy looks OK, but | :05:09. | :05:11. | |
critics will say it looks fine because nothing has yet changed. | :05:12. | :05:16. | |
This is the preamble, but triggering Article 50 is when it really starts. | :05:17. | :05:22. | |
Absolutely. The uncertainty is key, but these two years, and you have to | :05:23. | :05:26. | |
look at how it works, Article 50, and for the past eight months the UK | :05:27. | :05:30. | |
has defined the timing so we know that we will be leaving at some | :05:31. | :05:33. | |
point but the Prime Minister has been able to decide when she | :05:34. | :05:36. | |
triggers Article 50 and what she says before and what the objectives | :05:37. | :05:40. | |
are that she sets out and what business leaders she is able to | :05:41. | :05:44. | |
reassure, but when we hand over power to Brussels to negotiate we | :05:45. | :05:48. | |
will have less control and I think that will be quite soon, within 48 | :05:49. | :05:53. | |
hours the European institutions will publish a timeline of what will | :05:54. | :05:57. | |
happen and it will be quite clear that we won't be negotiating our | :05:58. | :06:00. | |
economic relationship first. That will come second, and that is not | :06:01. | :06:05. | |
entirely reassuring to investors. What deal will we get? The question | :06:06. | :06:11. | |
is always whether this is in the interests of the European Union to | :06:12. | :06:14. | |
offer us a good deal, because that might set the ball rolling on other | :06:15. | :06:18. | |
countries wanting to leave, but they won't want to penalise us because we | :06:19. | :06:24. | |
are a trading partner, and working up the balance will be the toughest | :06:25. | :06:29. | |
bit. Absolutely, the UK is seen as a very important economic partner and | :06:30. | :06:34. | |
some countries want the relationship to remain positive. However they | :06:35. | :06:41. | |
will want to maintain the internal logic of how the EU works and that | :06:42. | :06:47. | |
will mean the UK can have favourable access terms as it does currently, | :06:48. | :06:54. | |
which thinks, you can imagine a relationship without Harris, but on | :06:55. | :06:59. | |
nontariff barriers including regulation and services markets it | :07:00. | :07:02. | |
will look much more complex than it does -- you can imagine a | :07:03. | :07:07. | |
relationship without tariffs. Getting all this done in two years | :07:08. | :07:11. | |
will be very difficult. I imagine we will talk about this again. Thanks | :07:12. | :07:13. | |
for joining us. The London mayor has been talking | :07:14. | :07:21. | |
this morning and he said it would be a major mistake if the EU tries to | :07:22. | :07:28. | |
punish the UK for Brexit. He is calling on the EU to rise above the | :07:29. | :07:33. | |
temptation to install fear during the Brexit negotiations. Now to some | :07:34. | :07:39. | |
other news. Tesco has struck a Deferred | :07:40. | :07:40. | |
Prosecution Agreement with the Serious Fraud Office | :07:41. | :07:41. | |
following its investigation into the supermarket's overstatement | :07:42. | :07:44. | |
of profits in 2014 by ?263m. The inflated profit figure | :07:45. | :07:46. | |
was the result of Tesco bringing Tesco has also agreed | :07:47. | :07:49. | |
with the Financial Conduct Authority to set up a compensation scheme | :07:50. | :07:55. | |
for shareholders that It has apologised for the errors and | :07:56. | :08:05. | |
investors will receive compensation of just over $100 million. | :08:06. | :08:25. | |
The billionaire Elon Musk is launching a company that he hopes | :08:26. | :08:27. | |
will merge computers with the human brain. | :08:28. | :08:29. | |
The creation of Neuralink Corp will pursue what Musk calls | :08:30. | :08:32. | |
"neural lace" technology - implanting tiny brain | :08:33. | :08:33. | |
electrodes that might one day enable the uploading | :08:34. | :08:35. | |
The EU's health commissioner says Brazil needs to restore trust | :08:36. | :08:39. | |
in its meat exports after being hit by a scandal over rotten produce. | :08:40. | :08:42. | |
A number of countries have placed tough restrictions | :08:43. | :08:44. | |
The country has seen its daily meat exports plunge by 19%. | :08:45. | :08:54. | |
It comes investigations by the Brazilian authorities found | :08:55. | :08:56. | |
rotten produce and suspected corruption across the industry. | :08:57. | :08:58. | |
The world's largest carrier - American Airlines - | :08:59. | :09:01. | |
is set to buy a $200m stake in Chinese Southern in a bid | :09:02. | :09:05. | |
It's being described as a stretgic partnership - | :09:06. | :09:14. | |
as China is one of the world's fastest-growing aviation markets. | :09:15. | :09:17. | |
The International Air Transport Association predicts that it | :09:18. | :09:18. | |
will surpass the US to become the biggest in terms | :09:19. | :09:21. | |
Our Correspondent, Robin Brant, is in Shanghai. | :09:22. | :09:24. | |
The issue, it's a huge market and one that the American Airlines want | :09:25. | :09:32. | |
to be involved with. Everyone would like a slice of the travel market, | :09:33. | :09:36. | |
especially here, and American Airlines relatively late to the | :09:37. | :09:41. | |
party because United already have a tie-up with China and Delta as well. | :09:42. | :09:49. | |
American Airlines, the latest to the party, but they are the biggest | :09:50. | :09:51. | |
airline in terms of scheduled passengers. China Southern are the | :09:52. | :09:59. | |
biggest in China in terms of flights and passengers they carry, and that | :10:00. | :10:02. | |
is the marriage we are getting. This is part of the broad strategy led by | :10:03. | :10:07. | |
the government in Beijing which owns majority stakes in these three big | :10:08. | :10:10. | |
domestic airlines to change the ownership structure and encourage | :10:11. | :10:14. | |
foreign investors. And tried to bring in a foreign management | :10:15. | :10:19. | |
culture, although this is a 2.5% stake and I don't think we will | :10:20. | :10:21. | |
a big change in terms of the way a big change in terms of the way | :10:22. | :10:26. | |
that China Southern is run. In terms of the service as a passenger on | :10:27. | :10:31. | |
these airlines, I have to say they get you there on time, but expect | :10:32. | :10:37. | |
big delays if you are going to China, often with no apologies, and | :10:38. | :10:41. | |
maybe there is room for improvement and maybe American will do something | :10:42. | :10:45. | |
there. I'm sure they are listing to you and writing notes. Thanks for | :10:46. | :10:51. | |
joining us. -- listening to you. He sounded like a frustrated traveller. | :10:52. | :10:58. | |
And now to the markets. The yen has not moved that much versus the | :10:59. | :11:08. | |
dollar but the markets have stabilised after the wobble that | :11:09. | :11:13. | |
started late Friday when President Trump did not get through his | :11:14. | :11:20. | |
changes to Obamacare. That is what caused a wobble at the beginning of | :11:21. | :11:23. | |
the week but we are back to steady as she goes. Now to Europe, we have | :11:24. | :11:29. | |
the mining stocks pushing up the FTSE 100, they are the big winners | :11:30. | :11:34. | |
so far. We will talk in more detail about what is going on. We can now | :11:35. | :11:41. | |
go to Wall Street first. Donald Trump is keen to make good on his | :11:42. | :11:45. | |
promise to undo barrack Balmer's climate push, especially the clean | :11:46. | :11:55. | |
power plant -- Barack Obama. This is where a significant amount of | :11:56. | :11:58. | |
America's carbon dioxide emissions come from, and the role was a | :11:59. | :12:05. | |
frequent target of Republicans who said it was a job killer and called | :12:06. | :12:09. | |
it government overreach and so no surprise it is on the chopping block | :12:10. | :12:13. | |
and the president is expected to sign an executive order which will | :12:14. | :12:16. | |
make it easier for companies to produce energy in the United States | :12:17. | :12:21. | |
by reversing many of the regulations which were tied to climate change | :12:22. | :12:28. | |
which were set by Barack Obama. There will also be a moratorium on | :12:29. | :12:31. | |
new leases for coal which is mine from federal and lands, but the | :12:32. | :12:34. | |
steps are not likely to bring back the coal industry which was one of | :12:35. | :12:38. | |
the campaign promises of Donald Trump, and there are the global | :12:39. | :12:43. | |
implications for top the clean power plant was an important part of the | :12:44. | :12:47. | |
US meeting the goals set out under the Paris climate agreement but this | :12:48. | :12:52. | |
executive order signals that fighting climate change is not a | :12:53. | :12:56. | |
priority for this administration. Thanks for joining us. | :12:57. | :12:58. | |
Joining us is James Bevan, Chief Investment Officer at CCLA | :12:59. | :13:00. | |
Let's quickly touch on Article 50, a big day tomorrow. The calm before | :13:01. | :13:13. | |
the storm. It will be a very slow burner. We have to spend the next | :13:14. | :13:17. | |
two years at least getting up to speed with what will happen. The | :13:18. | :13:22. | |
reality is we will not have concluded the negotiations and there | :13:23. | :13:28. | |
will be plenty of uncertainties. In terms of the market, they feel more | :13:29. | :13:34. | |
stable today? Yes, they do. Everyone anticipated that Donald Trump 's | :13:35. | :13:38. | |
back challenges on Obamacare were a one-off and at some stage it will | :13:39. | :13:47. | |
file, and there is a sense that he will deliver on tax cuts which is | :13:48. | :13:53. | |
what the recent rally has been about -- it will fail. We can have a look | :13:54. | :13:59. | |
at South Africa, it came across the wires that the finance minister had | :14:00. | :14:06. | |
been hauled back to South Africa, and a cabinet reshuffle is expected, | :14:07. | :14:10. | |
or that is the speculation. The Rand is falling. We know that the finance | :14:11. | :14:16. | |
minister and the Prime Minister do not get on and have got on for ages. | :14:17. | :14:25. | |
Whether or not the five -- finance minister has been called back to | :14:26. | :14:29. | |
learn about another shuffle or this is a power play and he has got to be | :14:30. | :14:36. | |
shown who is boss by the president, but the domestic uncertainties will | :14:37. | :14:39. | |
be bad news for the Rand when the South African economy is doing | :14:40. | :14:43. | |
rather better. The central bank is expected to cut rates very soon and | :14:44. | :14:50. | |
growth is Excel are rating -- is accelerating. James, thanks for | :14:51. | :14:56. | |
joining us. Many people getting in touch about their views on | :14:57. | :15:04. | |
chocolate, some saying they want the same size and others saying you have | :15:05. | :15:05. | |
got to cut down. We meet the firm that | :15:06. | :15:07. | |
sells second opinions And offers to guide | :15:08. | :15:10. | |
you through the confusing - You're with Business | :15:11. | :15:13. | |
Live from BBC News. Let's get more on the news that | :15:14. | :15:30. | |
Tesco has been hit with a fine of ?129 million by the Serious Fraud | :15:31. | :15:33. | |
Office. It follows a two-year investigation | :15:34. | :15:36. | |
into false accounting Theo Leggett has the details | :15:37. | :15:38. | |
in our business newsroom. Theo, let's start first of all with | :15:39. | :15:52. | |
this SFO investigation it goes back to 2014, a huge black hole in their | :15:53. | :15:56. | |
finances. Bring us up-to-date with what we know today? Well, the | :15:57. | :16:01. | |
Serious Fraud Office and Tesco have reached an agreement on a deferred | :16:02. | :16:04. | |
prosecution agreement. That means that Tesco has effectively been put | :16:05. | :16:10. | |
on probation. What did it do wrong? Well, back in August 2014 Tesco | :16:11. | :16:13. | |
published a trading statement. It later transpired that the profits in | :16:14. | :16:17. | |
the trading statement were substantially overstated. Initially | :16:18. | :16:21. | |
it was thought by ?250 million. That figure was later upped to ?326 | :16:22. | :16:26. | |
million. So a serious overstatement of profits and it had to do with how | :16:27. | :16:30. | |
Tesco was booking money coming from its suppliers. On top of that | :16:31. | :16:35. | |
agreement to pay a penalty to the Serious Fraud Office, Tesco has | :16:36. | :16:38. | |
reached agreement with the Financial Conduct Authority to pay | :16:39. | :16:42. | |
compensation of ?85 million to shareholders. Why? Well, look at | :16:43. | :16:46. | |
this graph. In 2014 Tesco's share price was falling anyway, but this | :16:47. | :16:49. | |
is what we're interested in here this. Is when the trading statement | :16:50. | :16:54. | |
was published and this is just after all that bad news came through. | :16:55. | :16:57. | |
There was a serious drop in Tesco's share price so it has been told to | :16:58. | :17:02. | |
compensate shareholders and bond holders who were holding shares | :17:03. | :17:04. | |
during that period. So there you have it. A big deal for Tesco. Can | :17:05. | :17:12. | |
you tell us about Booker? Its intended purchase of this company | :17:13. | :17:17. | |
and some major shareholders are not happy and they're going public? This | :17:18. | :17:22. | |
is a major, major deal that Tesco wants to push through, a ?3.7 | :17:23. | :17:30. | |
billion purchase of Booker. It owns the right to the budgeon and Premier | :17:31. | :17:36. | |
brands. Tesco thinks it can get into the food away from home market which | :17:37. | :17:41. | |
has more potential for growth than the supermarket business. One of its | :17:42. | :17:45. | |
group has said it is not happy. It thinks Tesco is paying too much and | :17:46. | :17:48. | |
that therefore, this deal offers poor shareholder value. Tesco | :17:49. | :17:52. | |
disagrees. It thinks it's a great deal. | :17:53. | :17:56. | |
Theo, thank you very much. Full details on the website. | :17:57. | :18:07. | |
We are keeping track of the big story of the week. Tomorrow, the UK | :18:08. | :18:17. | |
will formally ask to leave the European Union. London's mayor is | :18:18. | :18:23. | |
warning it would make a mistake fort bloc to try and punish the country. | :18:24. | :18:27. | |
We have been hearing from the London mayor, talking about the trade links | :18:28. | :18:31. | |
between the two. We have had a line out from Germany, from the German | :18:32. | :18:34. | |
Chambers of Commerce saying that Britain's departure from the EU | :18:35. | :18:38. | |
could hurt German firms business with the UK and investment. He says | :18:39. | :18:42. | |
will decline strongly in the long-term. That's the President of | :18:43. | :18:46. | |
Germany's Chamber of Commerce. We will get all sorts of reaction as we | :18:47. | :18:50. | |
approach the deadline tomorrow to trigger Article 50. Two years. | :18:51. | :18:57. | |
A quick look at how markets are faring. | :18:58. | :19:01. | |
A bit of calm. We'll enjoy it while it lasts. It could all take a long | :19:02. | :19:11. | |
time to play out so we will keep you across the changes. | :19:12. | :19:15. | |
President Trump's failed attempt to replace the affordable care act | :19:16. | :19:19. | |
in the US has put the cost of healthcare back in the spotlight. | :19:20. | :19:24. | |
The global cost of health care is forecast to hit a staggering | :19:25. | :19:27. | |
That's 10.5% of GDP - spent solely on health care. | :19:28. | :19:33. | |
So, is there a way to keep costs down? | :19:34. | :19:36. | |
Well, one way could be through early diagnosis and prevention to save | :19:37. | :19:39. | |
And one company says it is already doing that. | :19:40. | :19:48. | |
Alivia Swiss Health will assess your health problems, | :19:49. | :19:50. | |
devise treatment plans and connect patients to leading specialists. | :19:51. | :19:57. | |
It is like getting a second opinion with a highly skilled team. | :19:58. | :20:01. | |
All for an annual fee of around $1,000 a year. | :20:02. | :20:07. | |
Dr Vidar Arnulf is the co-founder and Chairman of Alivia Swiss Health | :20:08. | :20:10. | |
Welcome to the programme. We touched on how it works there. Talk us | :20:11. | :20:18. | |
through the process. How is it different to going to another doctor | :20:19. | :20:22. | |
and saying, "Look, this is the diagnosis I have been given from | :20:23. | :20:26. | |
this guy. Talk me through it." Talk me through the package. We give you | :20:27. | :20:31. | |
access to a number of specialists, we don't think there is only one | :20:32. | :20:35. | |
doctor who can know everything. We have a team of scientists, doctors, | :20:36. | :20:39. | |
internationally who will go through your individual file, assess it and | :20:40. | :20:45. | |
then come up with suggested treatment and diagnostic procedure | :20:46. | :20:49. | |
and verification of that diagnosis. The worst doctor out there is Dr | :20:50. | :20:53. | |
Google, the one you should always avoid because it will fill you with | :20:54. | :20:57. | |
fear, but the point actually there is so much information out there at | :20:58. | :21:02. | |
the moment to anyone that is able to do the search. Why do we need to pay | :21:03. | :21:08. | |
to you do that when we can do this ourselves? Well, I don't think you | :21:09. | :21:11. | |
can do that yourself. If you Google treatment for cancer you will get 28 | :21:12. | :21:16. | |
million hits within 0.5 seconds and how do you... If you whittle it down | :21:17. | :21:20. | |
to the name of the particular contrast you have and don't just put | :21:21. | :21:26. | |
"Cancer" You will get a more defined search. There are ways of finding | :21:27. | :21:31. | |
out these things. It takes time. It takes time and you don't know the | :21:32. | :21:36. | |
quality of it. I usually compare second opinions with being sick just | :21:37. | :21:42. | |
like at war. It is the civilian population that is the victims of | :21:43. | :21:47. | |
all wars. The soldiers know what to do and have the information and have | :21:48. | :21:51. | |
the intelligence, they do better and I think when you're sick you're at | :21:52. | :21:58. | |
war with yourself and having somebody to come up with contingency | :21:59. | :22:04. | |
plans and give you knowledge and empower to make the right decisions | :22:05. | :22:09. | |
for you, that's an asset. Is this just for rich people? Looking at the | :22:10. | :22:14. | |
figures here. You have got 500 patients here paying ?800, that's | :22:15. | :22:19. | |
$1,000 a year. In the big scheme of things, maybe it is not that much | :22:20. | :22:22. | |
money, but it is an extra cost. It is a cost that people have got to | :22:23. | :22:28. | |
bear and how do you make money from that, 500 patients paying $1,000 | :22:29. | :22:34. | |
isn't much money to run a business? It is not only ?1,000, it is ?800. | :22:35. | :22:41. | |
It starts at ?800. It could be more. It could be less. But we have seen | :22:42. | :22:46. | |
we have changed lives. We have changed the destiny of people who | :22:47. | :22:50. | |
had given up op the health care systems and I think it is so | :22:51. | :22:54. | |
important for us to make that available for as many as possible | :22:55. | :22:59. | |
and that's why we are introducing this relatively reasonable pricing | :23:00. | :23:03. | |
for world experts to look into your case. All right. We are out of time | :23:04. | :23:07. | |
which is a real shame. So much more to discuss. But for now, thank you | :23:08. | :23:13. | |
very much, Dr Vidar Arnulf for come unwilling. | :23:14. | :23:15. | |
-- coming in. A new ?1 coin becomes legal tender | :23:16. | :23:22. | |
in the UK from today. It is being rolled out | :23:23. | :23:27. | |
across the country to tackle It has got more sides. Do you think | :23:28. | :23:41. | |
I can get a new career? As a hand model. | :23:42. | :23:42. | |
This is the first new ?1 coin to be introduced in more than 30 years | :23:43. | :23:46. | |
and will be the most secure of its kind in the world, | :23:47. | :23:49. | |
The first pound coin down the back of the sofa already! | :23:50. | :23:57. | |
We've done nearly 4,000 across the country. | :23:58. | :24:09. | |
It's made out of two different coloured metals. | :24:10. | :24:13. | |
So there's a nickle, a white coloured metal inner | :24:14. | :24:15. | |
In addition we've got a semi-hologram. | :24:16. | :24:18. | |
If you look at it in one direction, you'll see one image. | :24:19. | :24:21. | |
In the other direction, you'll see another imaage - | :24:22. | :24:23. | |
So this pound will buy you less chocolate because it is shrinking. | :24:24. | :24:47. | |
This is about Mars? I eat a lot of chocolate. What we have observed are | :24:48. | :24:52. | |
the costs for chocolate manufacturers have been going up | :24:53. | :24:56. | |
both because of the devaluation of the pound, but Mr Hammond's decision | :24:57. | :25:00. | |
that he should be taxing sugar it make us healthier and the chocolate | :25:01. | :25:04. | |
companies reckon it is there is a pricing point we're prepared to pay | :25:05. | :25:11. | |
and no more and guys we will give awe reduced amount of chocolate | :25:12. | :25:16. | |
rather than putting the price up. We saw it with Toblerone. It has been | :25:17. | :25:23. | |
going on for years. Easter eggs used to be big, fat chunky things and | :25:24. | :25:27. | |
they're getting thinner! What's your favourite? I like Maltesers. Or a | :25:28. | :25:40. | |
Swiss Lint egg. You're a chocolate snob? The texture of chocolate | :25:41. | :25:44. | |
really matters and that's good. James. Thank you. There has been a | :25:45. | :25:48. | |
tonne of responses to our question. If you want to see them all, search | :25:49. | :25:55. | |
the BBC Business Live hashtag on Twitter. A lot of people saying it | :25:56. | :25:59. | |
is for your health too. We will see you soon. Bye-bye. | :26:00. | :26:07. | |
Good morning. Things are changing on the weather front. High pressure is | :26:08. | :26:13. | |
slipping away towards the near Continent and this big low in the | :26:14. | :26:17. | |
North Atlantic is slowly taking | :26:18. | :26:18. |