05/04/2017

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:00:00. > :00:00.This is Business Live from BBC News with Sally Bundock

:00:00. > :00:10.Britain s Prime Minister suggests freedom of movement could be

:00:11. > :00:12.extended after Brexit as the European Parliament has

:00:13. > :00:32.Live from London, that's our top story on Wednesday, 5th April.

:00:33. > :00:38.This is the scene live in Strasbourg where politicians are laying out

:00:39. > :00:49.what they see as the priorities for Brexit negotiations.

:00:50. > :00:52.We will talk more about that in the programme.

:00:53. > :00:54.Iceland's parliament considers making

:00:55. > :00:57.it the law to pay men and women the same.

:00:58. > :01:05.Employers who don't could face fines.

:01:06. > :01:17.Attention is now turning to tomorrow s meeting

:01:18. > :01:18.between President Xi and President Trump.

:01:19. > :01:20.And we'll be live at London's City Hall where business

:01:21. > :01:23.leaders from Europe's big cities are working out how to get

:01:24. > :01:26.And as Iceland legislates to enforce equal pay -

:01:27. > :01:30.we want to hear from you - what would you do to level

:01:31. > :01:44.Welcome to the programme. Perhaps some transparency on what

:01:45. > :01:45.people are actually paid. I'll just throw that one out there. Send us

:01:46. > :01:52.your comments. It has been a week since

:01:53. > :01:54.the United Kingdom finally gave the European Union

:01:55. > :01:58.notice it wants to leave. The British Prime Minister Theresa

:01:59. > :02:01.May has suggested freedom of movement of people between the UK

:02:02. > :02:03.and the EU could be That's just one issue

:02:04. > :02:09.the European Parliament is discussing and it matters

:02:10. > :02:11.because it can veto any final agreement made between the UK

:02:12. > :02:14.and the European Council. One of the other big issues they'll

:02:15. > :02:17.be looking at is the size A figure in the region of $60

:02:18. > :02:23.billion has been widely reported. At the moment the two sides

:02:24. > :02:26.are bound by trade worth The future of that will be discussed

:02:27. > :02:38.and the initial draft warns the UK against starting any trade

:02:39. > :02:43.negotiations with other countries whilst it is

:02:44. > :02:46.still a member of the EU. Britain s role as the world's

:02:47. > :02:49.biggest exporter of financial services is also picked out

:02:50. > :02:51.with a warning the UK shouldn't expect "privileged access"

:02:52. > :02:57.to the EU's internal market. There is also a call for "legal

:02:58. > :03:04.certainty" for companies. An estimated 300,000 UK firms

:03:05. > :03:09.currently export to the EU. Two leading industry

:03:10. > :03:12.regulators are also facing the prospect of being relocated

:03:13. > :03:16.from their current London offices. They are the European Banking

:03:17. > :03:20.Authority and the European Medicines Our correspondent Dan Johnson

:03:21. > :03:37.is at the European Hello there, Dan. We have heard

:03:38. > :03:40.about the red lines being laid down. Which issues, among those Sally was

:03:41. > :03:46.just talking about are the most pressing, do you think? Well, the

:03:47. > :03:50.European Parliament, MEPs appear to be all agreed that the main priority

:03:51. > :03:53.is to guarantee the rights of EU citizens who live in the UK and

:03:54. > :03:58.Brits who live in other parts of the EU. So sorting out what access they

:03:59. > :04:05.will have to health care, benefits and pensions to, to education, they

:04:06. > :04:08.want certainty for those people as soon as possiblement other issues up

:04:09. > :04:11.for discussion today that they think need to be addressed quickly are the

:04:12. > :04:15.bill, the accounts that have to be settled by Britain as it leaves the

:04:16. > :04:20.EU and also the border situation in Ireland. Everyone agrees that that

:04:21. > :04:23.needs to be sorted out as simply and as smoothly as possible, but the

:04:24. > :04:29.debate has got off to a tetchy start. Some of the MEPs who have

:04:30. > :04:33.spoken have been jeered and booed by the Ukip MEPs and the president had

:04:34. > :04:37.to appeal for calm. He said he doesn't want the chamber to descend

:04:38. > :04:39.into the atmosphere of a football stadium so perhaps an idea already

:04:40. > :04:43.that the discussions are not going to run smoothly. There is going to

:04:44. > :04:46.be really tough debate and some strong words have been spoken

:04:47. > :04:52.already here this morning. What do you think will be made of Prime

:04:53. > :04:57.Minister Theresa May's comments that it's looking as though perhaps three

:04:58. > :05:01.movement of people between Britain and the European Union could be

:05:02. > :05:06.extended during a so-called implementation phase? Yes, that's

:05:07. > :05:11.interesting news. Two admissions from the Prime Minister this

:05:12. > :05:14.morning. One, that there will likely be some sort of implementation phase

:05:15. > :05:18.exist and also an admission that a exist and also an admission that a

:05:19. > :05:22.new trade relationship between the EU and the UK couldn't be agreed

:05:23. > :05:29.until after the UK actually leaves. Now, that is all in accord with what

:05:30. > :05:31.MEPs have been suggesting. The draft resolution that they're debating

:05:32. > :05:34.this morning calls for a transitional period of up to three

:05:35. > :05:38.years for a new arrangement between the UK and the EU to play out. So it

:05:39. > :05:41.sounds like the two sides are perhaps coming closer together on

:05:42. > :05:46.that, but worth bearing in mind what the MEPs set down this morning, are

:05:47. > :05:50.only advisory guidelines. It's the European Council, which is in effect

:05:51. > :05:54.the heads of Government of the other 27 states across the EU, that will

:05:55. > :05:56.actually have to sit down with the UK on the other side of the table

:05:57. > :05:59.and hammer out the details. That won't start for a few weeks yet. OK,

:06:00. > :06:02.Dan, thank you very much. And Brexit is also getting people

:06:03. > :06:05.talking here in London. European business groups are meeting

:06:06. > :06:07.at the Mayor's office City Hall to discuss how

:06:08. > :06:09.they can work together. We'll speak to one of them live

:06:10. > :06:19.later in the programme. Interesting to hear what he has to

:06:20. > :06:21.say. That's coming up in ten minutes.

:06:22. > :06:24.The US President has promised sweeping reforms to US banking

:06:25. > :06:28.regulations that were introduced after the financial crisis.

:06:29. > :06:31.Donald Trump has vowed to give a "haircut" to the Dodd-Frank rules

:06:32. > :06:37.Iceland's parliament has presented a bill to enshrine in law equal pay

:06:38. > :06:42.for women and men across the public and private sector.

:06:43. > :06:45.If passed, the bill would require all employers with over 25 staff

:06:46. > :06:47.to prove they offer equal pay to all employees.

:06:48. > :06:50.The law would be a world first and would come

:06:51. > :07:05.US anti-trust regulators have given preliminary approval to ChemChina's

:07:06. > :07:07.$43 billion takeover of Swiss pesticide and seed giant, Syngenta.

:07:08. > :07:09.However, the Federal Trade Commission ruled that it

:07:10. > :07:12.would require ChemChina to sell off its business interests in three

:07:13. > :07:14.chemical products to maintain competition in the market.

:07:15. > :07:22.The takeover would mark the largest overseas takeover by a Chinese firm.

:07:23. > :07:24.UK Chancellor Philip Hammond is on his final day

:07:25. > :07:30.He's there with Mark Carney, Governor of Bank of England

:07:31. > :07:41.Today's he has been meeting India's fintech community and the head

:07:42. > :07:56.Tell us more about how it is going today. Well, we are here at a

:07:57. > :08:01.company in Mumbai. The Chancellor visited this place a few minutes

:08:02. > :08:04.ago. He just left five minutes ago. He interacted with different

:08:05. > :08:08.start-ups, the start-ups are operating in the financial services

:08:09. > :08:11.space, that's one area where this delegation is focussing a lot

:08:12. > :08:16.because they have been trying to tell the Indian Government that

:08:17. > :08:20.that's the area where UK and India can work closely. Later in the day

:08:21. > :08:24.the Chancellor is also going to be meet the Governor of India's Central

:08:25. > :08:27.Bank. He is addressing a conference where business leaders from both

:08:28. > :08:32.sides will assemble. They are going to talk about financial services. So

:08:33. > :08:36.clearly, lots going on, but the main thing is that once post Brexit, when

:08:37. > :08:41.these two countries start negotiating a new deal, that's when

:08:42. > :08:45.the pressing issues will come in front and that's something which

:08:46. > :08:51.delegates here say will take sometime to emerge. This trip so far

:08:52. > :08:54.has been going, let's see how the financial services conference goes.

:08:55. > :08:59.Thank you very much. So we will watch that space. Prime Minister

:09:00. > :09:03.Theresa May is in Saudi Arabia. Her agenda is trade to a descre,

:09:04. > :09:06.security and defence is also on there, but it would seem there is a

:09:07. > :09:11.lot going on this week, that's for sure.

:09:12. > :09:16.Looking at markets across Asia, that's last night's close. These

:09:17. > :09:19.have edged higher in Asia. Hong Kong opened today, and China and Taiwan,

:09:20. > :09:26.they were closed yesterday for a public holiday. On the Dow, now, the

:09:27. > :09:29.biggest car company by market valuation on stock markets is Tesla.

:09:30. > :09:38.So the Tesla shares edged up again on Tuesday. So it is overtaken

:09:39. > :09:41.General Motors, it is valued more than General Motors and Ford. Let's

:09:42. > :09:44.look at Europe and how they are doing now. Flat. No major moves in

:09:45. > :09:51.either direction. Interesting we will be looking ahead to President

:09:52. > :09:57.Xi and President Trump meeting on Thursday. Let's discuss this in a

:09:58. > :10:01.few minutes time. Also on the agenda in the States the construction

:10:02. > :10:06.companies who are hoping to get the contract to build the controversial

:10:07. > :10:09.wall that divides the United States and Mexico. So the deadline has come

:10:10. > :10:11.and gone. Michelle Fleury is in

:10:12. > :10:13.New York with more details. Donald Trump's proposal to build

:10:14. > :10:16.a border wall with Mexico has drawn interest from hundreds of companies

:10:17. > :10:20.around the country. A US official told the BBC

:10:21. > :10:22.the finalists will be picked in the next few months and will be

:10:23. > :10:26.asked to build a prototype wall Now, some of the ideas

:10:27. > :10:29.are unconventional. One Miami firm is proposing

:10:30. > :10:31.a sustainable structure built out of recycled shipping containers,

:10:32. > :10:34.but according to some US media reports, many bigger companies

:10:35. > :10:36.are actually steering clear Building a wall was a cornerstone

:10:37. > :10:44.of Trump's presidential campaign, but it was also one of his most

:10:45. > :10:47.controversial policies and the political challenges

:10:48. > :10:49.may prove greater than It's not yet clear who

:10:50. > :10:53.will pay for the wall. The deadline to submit bids came

:10:54. > :10:56.as news emerged that illegal crossings from Mexico have fallen

:10:57. > :11:08.67% under Donald Trump. Joining us is Kathleen Brooks,

:11:09. > :11:18.research director for City Index. Hi there. Kathleen. Good morning. We

:11:19. > :11:22.talked about the red lines being drawn as far as Europe is concerned,

:11:23. > :11:27.but what about the red lines between China and the US? It emerged today

:11:28. > :11:33.more of the position that the US is likely to take when President Trump

:11:34. > :11:37.and President Xi meet? It may not be considered particularly friendly.

:11:38. > :11:43.There is an article written by Trump's secretary of Commerce in the

:11:44. > :11:47.FT about trade and how trump's harsh trade negotiation and renegotiation

:11:48. > :11:51.if you like is, you know, really targeting China and those countries

:11:52. > :11:55.with big surplusesment he went on to say that, you know, the US has the

:11:56. > :11:57.world's largest trade deficit. People say that's good, but the

:11:58. > :12:01.countries with the surpluses they have seen their economies expand.

:12:02. > :12:05.That's a direct rirches to China. So this isn't necessarily going to be

:12:06. > :12:13.the easiest summit. There is some talk that they could label or the US

:12:14. > :12:15.could label China a currency manipulator, not that there is much

:12:16. > :12:19.evidence to support that. That's something he said he would do on day

:12:20. > :12:22.one in office. He said he would slap tariffs on goods coming into the

:12:23. > :12:27.United States from China. Hefty ones. But in terms of the financial

:12:28. > :12:32.markets, to what extent are they watching this discussion tomorrow

:12:33. > :12:37.because it is about the geopolitics and North Korea in a major way? What

:12:38. > :12:42.we have seen actually, we had this massive Trump rally from when Trump

:12:43. > :12:45.came into power. That slowed down and the gains were slowest since

:12:46. > :12:49.Trump came into power. If you add this, this is the first real kind of

:12:50. > :12:52.major summit that he has held, I think stock markets will be watching

:12:53. > :12:56.it really, really closely. They are moving on the back of politics, on

:12:57. > :13:01.the back of a slip of the tongue from Donald Trump. We have seen

:13:02. > :13:06.share prices Or a tweet? Or a tweet. If it comes out that America and

:13:07. > :13:10.China are in a very tense position and maybe there is not going to be

:13:11. > :13:13.any breakthrough with North Korea, that could spike volatility which is

:13:14. > :13:17.really, really close to historical lows and we could see a harder time

:13:18. > :13:22.for the markets going forward. Kathleen, many thanks. You will be

:13:23. > :13:26.coming back to look through the business stories in the papers

:13:27. > :13:31.including the story about how Iceland is bringing in a law to...

:13:32. > :13:36.There is a vote on it. Financial services are set

:13:37. > :13:38.to be one of the biggest priorities for Britain

:13:39. > :13:40.in the forthcoming negotiations. Later in the programme,

:13:41. > :13:42.we'll speak to a business leader representing the German

:13:43. > :13:44.financial capital, Frankfurt. You're with Business

:13:45. > :13:48.Live from BBC News. MPs are calling for more action

:13:49. > :13:54.by British businesses on corporate governance

:13:55. > :13:56.and executive pay. The report from the Business Energy

:13:57. > :13:58.and Industrial Strategy Committee comes in the aftermath

:13:59. > :14:02.of the Sports Direct and BHS inquiries and calls for companies

:14:03. > :14:07.to do more to regain trust. Iain Wright MP,

:14:08. > :14:17.chairs the committee. Thank you very much for coming on

:14:18. > :14:22.the programme. To what extent were you disappointed by Theresa May

:14:23. > :14:26.dropping proposals for employees on company boards? Do you think that

:14:27. > :14:30.would have made a difference? When Theresa May came into office, she

:14:31. > :14:33.talked some really strong words about corporate governance and how

:14:34. > :14:37.there was a disconnect between business and society and she was

:14:38. > :14:41.right, but by the time the corporate governance Green Paper came out

:14:42. > :14:45.before Christmas, those proposals had been watered down considerably.

:14:46. > :14:49.Now, we don't believe on the Select Committee that a one-size-fits-all

:14:50. > :14:52.approach to corporate governance is the right one, however, having that

:14:53. > :14:57.employee engagement, having that long-term and strategic view that

:14:58. > :15:00.workers can provide, we think are a positive step for corporate

:15:01. > :15:04.governance and the idea that you could have workers on boards,

:15:05. > :15:05.providing that strategic challenge, thinking about the long-term views

:15:06. > :15:15.is a positive one. Is it enough to close the gap

:15:16. > :15:18.between what some company bosses are earning and those who work for those

:15:19. > :15:25.bosses? Because in some places the gap is enormous. And it is getting

:15:26. > :15:28.wider. I think I mentioned about a disconnect between business and

:15:29. > :15:35.society. The ordinary man and women in the street will have seen that

:15:36. > :15:39.restraint, stagnant wages for a decade and a constant ratcheting up

:15:40. > :15:43.of executive pay. They will not have seen a commensurate rise in company

:15:44. > :15:48.performance. So that link between pay and performance at the top of

:15:49. > :15:52.companies seems to be broken. It is far too complex, it is difficult to

:15:53. > :16:00.keep track of and therefore we are proposing in the Select Committee

:16:01. > :16:04.report to simplify it, and the long-term incentive plan should be

:16:05. > :16:10.abolished as soon as possible. Let me bring in another story this

:16:11. > :16:18.morning. That of an end to the Bovis buyout bed. -- buyout bid. Bovis

:16:19. > :16:23.have appointed the former Telford Tripos as their Chief Executive. --

:16:24. > :16:30.Gallifrey at Try boss. Minister Theresa May has suggested

:16:31. > :16:36.freedom of movement of people between the UK and the EU could be

:16:37. > :16:39.extended after Brexit as the European Parliament lays out

:16:40. > :16:52.what it sees as the priorities. That is happening in Strasbourg as

:16:53. > :16:55.we speak. A quick look at how

:16:56. > :17:02.markets are faring. The FTSE 100 is on the up, as you

:17:03. > :17:08.can see. Pretty positive in Frankfurt. The CAC 40 is treading

:17:09. > :17:15.water in Paris. There is quite a lot of uncertainty on the global market

:17:16. > :17:21.still surrounding the meeting between Donald Trump and the Chinese

:17:22. > :17:24.premier. Working out what the future trading relationship will be between

:17:25. > :17:25.the US and China and finding out how that will affect the rest of the

:17:26. > :17:36.world. You may be one of these people that

:17:37. > :17:40.subscribers to a music service like Amazon Prime or Apple music. But

:17:41. > :17:43.would you consider subscribing to a garden?

:17:44. > :17:45.Our North America technology reporter Dave Lee mucked

:17:46. > :17:51.in with a new idea starting up in California's famed wine country.

:17:52. > :17:57.For 85-year-old Joe Allen, tending a vegetable patch is work that she can

:17:58. > :18:03.no longer manage yourself. But she is now a customer of a new start-up

:18:04. > :18:08.offering gardening undermanned. You know, I am old so I cannot do what I

:18:09. > :18:14.used to do. And it is nice. They have such a variety. I like it. The

:18:15. > :18:20.company provides this pair of tanks for a monthly fee of just over $200.

:18:21. > :18:25.That includes the soil and plants needed due the year. It also

:18:26. > :18:28.includes the help of the company who will come and tend the garden as and

:18:29. > :18:33.when it is needed. We have a check list that our team goes through, and

:18:34. > :18:38.we make sure that every plant has the proper nutrition but is also not

:18:39. > :18:42.getting eaten by pests. And if it is, we get it replaced as soon as

:18:43. > :18:46.possible, by taking whatever steps are appropriate. They say gardening

:18:47. > :18:51.is a great way to relieve stress but you are taking away the manual part

:18:52. > :18:57.of that. We're not taking that away. It is still their garden, it is

:18:58. > :19:01.still in their yard. We're taking away the bugs, we're picking off

:19:02. > :19:06.bugs, we're doing some of the nitty-gritty stuff. The company

:19:07. > :19:11.hopes that as it expands, that a key work will be carried out by teams of

:19:12. > :19:15.gardeners across the entire country. Those gardeners will be able to turn

:19:16. > :19:20.to the company's mobile app for advice. This is where people can

:19:21. > :19:24.take pictures of the beds so that the people servicing the beds can

:19:25. > :19:27.take pictures of the plans and sent it back to us at corporate. We

:19:28. > :19:34.review those and make suggestions or take steps to correct that. This is

:19:35. > :19:38.not really affordable to most people just yet but if they can scale the

:19:39. > :19:44.idea, it could mean more of us could start growing vegetables in our own

:19:45. > :19:48.gardens. Dave Lee, BBC News, in California's Wine country.

:19:49. > :19:56.I don't know if Dave has green fingers or not. I know he has a dog.

:19:57. > :20:01.He tweets about his dog. You a gardening person? Occasionally, an

:20:02. > :20:05.occasional gardener. Maybe on a Sunday afternoon, once every few

:20:06. > :20:10.months. We were going to ask you today what apps you would like to

:20:11. > :20:13.get rid of some of the regular household chores. I think that will

:20:14. > :20:16.not cover it for me. It is the hoovering, the washing, the

:20:17. > :20:25.BHP Billiton, listed in London and else is out there.

:20:26. > :20:30.BHP Billiton, listed in London and Sydney, has declared a force measure

:20:31. > :20:33.for its core products because of the damage wrought by Cyclone Debbie

:20:34. > :20:45.which caused chaos last week across many parts of Australia. A force

:20:46. > :20:46.majeure means that a buyer cannot fulfil its responsibilities,

:20:47. > :20:53.typically after a natural disaster. typically after a natural disaster.

:20:54. > :20:59.BHP Billiton has come out with that information today. Over to Thailand

:21:00. > :21:03.in our series looking at the property industry. The real estate

:21:04. > :21:08.prices there keep going up. Just last month, a luxurious condo unit

:21:09. > :21:12.was sold at a record price of $19 million in central Bangkok. So what

:21:13. > :21:16.is driving this property market? Jonathan Head has been finding out.

:21:17. > :21:22.Once again, Bangkok is in the grip of a property boom, much of that

:21:23. > :21:28.happening along new railway lines being built out into the suburbs.

:21:29. > :21:35.Apartment blocks are rising along these routes. Aimed especially at

:21:36. > :21:41.first-time buyers. But experienced property dealers steer clear of the

:21:42. > :21:45.riskier, low-end market. He is focusing on luxury condominiums like

:21:46. > :21:50.this project in central Bangkok. Here, demand is so high that he can

:21:51. > :21:55.buy a small apartment and resell it almost immediately at a substantial

:21:56. > :21:59.profit. People in the low-end, they do not have much money and the bank

:22:00. > :22:04.does not give mortgages. So that is the problem. At the moment, rich

:22:05. > :22:12.people still have money. They can buy anything they want. If you buy a

:22:13. > :22:16.high-end property, people do not use rationale much because they have

:22:17. > :22:17.money. He showed me another project which has been heavily marketed

:22:18. > :22:22.overseas. Foreign, mainly Asian overseas. Foreign, mainly Asian

:22:23. > :22:30.buyers account for nearly half of the purchases here. But is buying

:22:31. > :22:36.property is a good long-term investment? Rent here is generally

:22:37. > :22:40.low, but only if you believe the property price will rise. That is

:22:41. > :22:46.far from certain. We think that the average will increase on an annual

:22:47. > :22:52.basis, for a meat market high-end condo in Bangkok, just shy of 5%. So

:22:53. > :22:58.if your loan is 4%, that just basically wipes out any return you

:22:59. > :23:02.might make. So is all this construction is a sign of

:23:03. > :23:10.dangerously irrational exuberance? Unlike 20 years ago, thyme banks are

:23:11. > :23:14.being more cautious about their lending. Some projects will fail but

:23:15. > :23:21.most will not. And there are not many people in Thailand are worrying

:23:22. > :23:25.about another big crash. Jonathan Head, BBC News, Bangkok.

:23:26. > :23:35.We mention that Philip Hammond is in Mumbai, schmoozing. We have Theresa

:23:36. > :23:37.May in Saudi Arabia as well and the Parliament in Strasbourg, the

:23:38. > :23:41.European Parliament discussing Brexit as we speak. And City Hall in

:23:42. > :23:44.London, we have the London Chamber of Commerce hosting an event where

:23:45. > :23:51.they have invited European business leaders from across Europe to

:23:52. > :23:56.discuss Brexit and how to work together across Europe. We were

:23:57. > :24:02.talking to -- hoping to talk to the president of the frank Frankfurt's

:24:03. > :24:06.chamber of commerce but technical reasons mean we cannot so apologies.

:24:07. > :24:13.But luckily, Kathleen Brooks is here in the studio to talk about the

:24:14. > :24:16.papers. We want to focus on the story about this equal pay

:24:17. > :24:23.proposition in Iceland. It is really at the forefront of equal pay and

:24:24. > :24:28.equal rights. It seems like this could be a world first. Definitely.

:24:29. > :24:38.Iceland already has the lowest gender pay gap according to the

:24:39. > :24:41.consumer prices index. It is not just about financial equality and

:24:42. > :24:47.pay equality but political equality will come into it. Also, Iceland's

:24:48. > :24:52.economy is going great guns, expanding by 7% in the first

:24:53. > :24:56.quarter. These type of things seem to happen when the economy is doing

:24:57. > :25:01.well so will the same thing happen in the UK? No, for many reasons. To

:25:02. > :25:06.be fair to Iceland, the economy was on the verge of collapse at the end

:25:07. > :25:10.of the financial crisis and yet it has always pushed this agenda hard.

:25:11. > :25:13.I was talking to the head of air chambers of commerce a few years ago

:25:14. > :25:17.about this issue and he said the business leaders are really on board

:25:18. > :25:24.when it comes to gender equality. They really are. When the economy is

:25:25. > :25:30.doing well, like it is in Iceland, that is when bills like this will go

:25:31. > :25:34.to Parliament and get past. Let's go to the tweets. Owen has said that he

:25:35. > :25:40.only thinks equal pay will come about we extend paternity leave to

:25:41. > :25:44.six months. Unless there are equal rights for men as well within the

:25:45. > :25:49.workplace, we are not necessarily going to get equal pay. I think that

:25:50. > :25:52.is right, but I do not think why women should be penalised because

:25:53. > :25:56.they are doing what some people would consider a good thing for

:25:57. > :26:01.society, by taking a year out and looking after their child. I do very

:26:02. > :26:10.much. It is a huge topic of debate and busily we cannot discuss it all

:26:11. > :26:13.now. That is all from Business Life. Good morning. If you were up early

:26:14. > :26:17.enough you would have noticed the chill in the air. A touch of frost

:26:18. > :26:21.in southern parts of the UK this morning. The payoff was a lovely

:26:22. > :26:25.sunrise. This was a weather watcher earlier. Please continue to send

:26:26. > :26:26.those in. The