Browse content similar to 17/05/2017. Check below for episodes and series from the same categories and more!
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let us know your thoughts. Just use the hashtag, BBC Business Live the | :00:00. | :00:09. | |
Today EU and US officials are meeting to discuss a potential | :00:10. | :00:23. | |
extension of the laptop ban on aircraft. | :00:24. | :00:25. | |
In March, the Trump administration imposed new restrictions | :00:26. | :00:28. | |
which prevent US-bound travellers from carrying electronic devices | :00:29. | :00:29. | |
larger than a mobile phone into the cabin. | :00:30. | :00:34. | |
The original set of restrictions affected flights from eight mostly | :00:35. | :00:43. | |
countries including Turkey, Egypt, the United Arab | :00:44. | :00:45. | |
This affected many of the Gulf carriers including Emirates, | :00:46. | :00:52. | |
Etihad and Qatar Airways, but now there are reports suggesting | :00:53. | :00:55. | |
the ban could be extended to include some countries | :00:56. | :00:57. | |
Any immediate changes would coincide with the peak | :00:58. | :01:02. | |
This summer, more than 3,000 flights a week | :01:03. | :01:13. | |
With me is Tom Jenkins, chief executive of the European Tour | :01:14. | :01:18. | |
Welcome to the programme. Good morning. Sally running through some | :01:19. | :01:25. | |
of the details there, but let's go back to the beginning because we | :01:26. | :01:29. | |
know this ban was put in place. Lots of criticism about why it was | :01:30. | :01:34. | |
necessary, what the rational for it. Talk us through it. Why are they not | :01:35. | :01:41. | |
allowed on planes? Well, I think, it is because there is intelligence | :01:42. | :01:45. | |
which the president in the United States was sharing with the Russians | :01:46. | :01:49. | |
just the other day that there are some people who are being able to | :01:50. | :01:53. | |
adapt laptop devices to explode on planes. But why, and again this was | :01:54. | :02:01. | |
a criticism, why are they safer in the hold than the cabin? They are | :02:02. | :02:06. | |
not. You have got, if you hold such intelligence, and you wish to share | :02:07. | :02:09. | |
seen to be doing something. So this seen to be doing something. So this | :02:10. | :02:13. | |
is grand standing on the part of some governments, some agencies to | :02:14. | :02:17. | |
say look, we're doing something, we're not quite sure what it is, | :02:18. | :02:21. | |
because we don't know if it makes it safer. They have that information | :02:22. | :02:26. | |
and as ever with such people you've either got to do something or you're | :02:27. | :02:30. | |
accused of ignoring what might be a problem. The big difficulty with | :02:31. | :02:36. | |
this situation that we've got is that laptops are going to be | :02:37. | :02:40. | |
dangerous, even if they're in a hold because there is dangers associated | :02:41. | :02:47. | |
with lithium batteries which have a reputation for exploding, not very | :02:48. | :02:50. | |
frequently, but there is a background danger of that happening. | :02:51. | :02:53. | |
It is interesting because we have been told those are the things you | :02:54. | :02:56. | |
can't pack in the hold. Up until the ban it was make sure you put these | :02:57. | :03:05. | |
in the hold? It is an inversion of previous advice. We were told it | :03:06. | :03:09. | |
wasn't safe to put them in the hold, we're told this is what you should | :03:10. | :03:14. | |
be doing. Who stands to lose out, apart from passengers, because a lot | :03:15. | :03:16. | |
of passengers will be inconvenienced? The principle | :03:17. | :03:19. | |
commercial victims, if there is a backlash, will be the American | :03:20. | :03:23. | |
carriers who carry the but k of peel across the labtic. The main -- | :03:24. | :03:28. | |
Atlantic. The main thing to emphasise, we shouldn't get too | :03:29. | :03:33. | |
carried away about this. Business people like to use their laptops on | :03:34. | :03:38. | |
board flights. Not many use their laptops on board flights. The main | :03:39. | :03:42. | |
Venus Williams of this, I think, may well be children and people carrying | :03:43. | :03:48. | |
children over the Atlantic for hom tablet devices are really important, | :03:49. | :03:52. | |
pacifying device. Yeah, that's a really important point. It's | :03:53. | :03:54. | |
interesting too because we know there was critively this was | :03:55. | :03:58. | |
something instigated by the US Administration because they were | :03:59. | :04:01. | |
unhappy with what they perceived to be unfair aid for Middle Eastern | :04:02. | :04:07. | |
carriers, the likes of Emirates and this would affect US carriers as | :04:08. | :04:10. | |
well so that flies in the face of that argument? Well, it would. The | :04:11. | :04:17. | |
main issue really that we're facing. This is a huge switch of resources | :04:18. | :04:21. | |
away from what they ought to be doing, if they're worried, is | :04:22. | :04:26. | |
concentrating on individuals of interest as Border Agencies refer to | :04:27. | :04:31. | |
them, and analysing abnormal behaviour amongst passengers towards | :04:32. | :04:34. | |
blanket activity which is time scunling and disrupting. The other | :04:35. | :04:37. | |
issue which will start to come into focus now is the fact that it is | :04:38. | :04:41. | |
strange that they do all the controls, after you've left the | :04:42. | :04:46. | |
aircraft. In America, and in Europe, you're only interviewed after you've | :04:47. | :04:50. | |
left the aircraft and you've arrived on home soil. They would solve a lot | :04:51. | :04:54. | |
of these problems if they started doing that before you get on the | :04:55. | :04:58. | |
aircraft. That gets us into the argument about who is grand standing | :04:59. | :05:01. | |
and who is making the statement about security. Tom, we could talk | :05:02. | :05:05. | |
all day. Tom, really good it talk to you. | :05:06. | :05:10. | |
Let's take a look at some of the other stories making the news. | :05:11. | :05:13. | |
Lloyds is back in private hands after the UK Government | :05:14. | :05:16. | |
At the height of the financial crisis, the Government ploughed | :05:17. | :05:22. | |
$25 billion into Lloyds and owned a 43% share. | :05:23. | :05:26. | |
The boss of Lloyds told the BBC the bank is now "one | :05:27. | :05:29. | |
The Government still owns 73% of RBS which was also bailed out | :05:30. | :05:39. | |
Twitter co-founder Biz Stone says he will rejoin the social media | :05:40. | :05:44. | |
company in the next few weeks after fellow co-founder | :05:45. | :05:46. | |
Jack Dorsey was brought back as chief executive in 2015. | :05:47. | :05:52. | |
Mr Dorsey has been trying to revive Twitter which says it has more | :05:53. | :05:55. | |
than 300 million monthly users, but still struggles | :05:56. | :05:57. | |
A pair of diamond earrings has been sold for a record price | :05:58. | :06:04. | |
The flawless pear-shaped diamonds - one pink, the other blue - | :06:05. | :06:08. | |
fetched a combined price of $57.4 million. | :06:09. | :06:13. | |
The pear-shaped jewels, nicknamed Apollo and Artemis, | :06:14. | :06:15. | |
Reports say the earrings were bought by an anonymous buyer. | :06:16. | :06:32. | |
It was you that bid for them. I put in my $57 bid and I didn't get far. | :06:33. | :06:43. | |
You were outbid. Just a little bit. Justify a few million. | :06:44. | :06:47. | |
Universal Music has signed a deal with the Chinese | :06:48. | :06:49. | |
internet company Tencent, to try and expand their reach | :06:50. | :06:51. | |
into China Stephen McDonnell is in Beijing. | :06:52. | :06:57. | |
Tell us more about this. It is an interesting development? Well, it is | :06:58. | :07:04. | |
potentially an enormous deal for Universal Music. Imagine how big the | :07:05. | :07:10. | |
pool of potential music users there are in China. So, it's hooked up | :07:11. | :07:20. | |
with Tencent, but the really crucial thing as to whether or not this is | :07:21. | :07:24. | |
going to be a good deal or not is whether or not Tencent can continue | :07:25. | :07:30. | |
to wean Chinese people off free music. There are basically three | :07:31. | :07:33. | |
types of people who listen to music in China. Those listening to pirated | :07:34. | :07:37. | |
muse UK, those who are paying and then crucially this big group in the | :07:38. | :07:43. | |
middle who are using Tencent's music for example on their phone and | :07:44. | :07:47. | |
perfectly legally listening to free music. Tencent has been trying to | :07:48. | :07:52. | |
get people to pay by saying OK, you listen to that band's song, but here | :07:53. | :07:57. | |
is another song by them, and if you want that song, you've got to pay or | :07:58. | :08:01. | |
do you want a better quality version of that song? This is like there are | :08:02. | :08:07. | |
only # #15 million, who are paying for this service and around 600 | :08:08. | :08:11. | |
million Chinese people every month listening for free. So the crucial | :08:12. | :08:15. | |
thing is, can they continue to get people to pay? And if so, well, | :08:16. | :08:20. | |
eventually, it probably will be a good deal for Universal Music. All | :08:21. | :08:24. | |
right, we will keep an eye. Steve, thank you very much indeed. Let's | :08:25. | :08:30. | |
look at markets in Asia. I have to say, it was all down as you can see. | :08:31. | :08:35. | |
A lot of that is to do with investors around the world getting | :08:36. | :08:38. | |
very concerned about what is going on in the White House and in the | :08:39. | :08:42. | |
Trump administration in particular. Allegations that have come through | :08:43. | :08:47. | |
day after day in recent days are really concerning investors around | :08:48. | :08:52. | |
the world about how vulnerable the US Government or the Trump | :08:53. | :08:55. | |
administration is. So, in Japan, we saw losses because the yen got | :08:56. | :09:00. | |
stronger. . It is seen as a safe haven. The price of gold went up. | :09:01. | :09:06. | |
Exporters in Tokyo had a tough time today, that was the Dow the night | :09:07. | :09:10. | |
before. Light losses on Wall Street the night before. Nothing to be too | :09:11. | :09:13. | |
concerned about. Let's look at Europe now. Again a record close for | :09:14. | :09:17. | |
the FTSE on Monday. It's down, just a little bit, but still, doing | :09:18. | :09:21. | |
extremely well. Markets across Europe just down a tad. Let's now | :09:22. | :09:27. | |
have a look at head to what's going on on Wall Street. Samira has the | :09:28. | :09:29. | |
details. Target is reporting. It warned | :09:30. | :09:37. | |
investors about lower profits this quarter and has said it will lower | :09:38. | :09:41. | |
prices to try and compete with companies like Wal-Mart and | :09:42. | :09:44. | |
that will be reporting on Wednesday that will be reporting on Wednesday | :09:45. | :09:50. | |
is American Eagle. Weak demand for its men's line and continued | :09:51. | :09:55. | |
softness in traffic will likely impact sales and finally, Sisco | :09:56. | :10:00. | |
Systems, the world's largest networking gear maker. They will be | :10:01. | :10:05. | |
reporting earnings. The company has been hurt by sluggish demand for its | :10:06. | :10:10. | |
equipment business and Sisco have been doubling down on areas such as | :10:11. | :10:13. | |
security, the internet of things and cloud computing. Internet security, | :10:14. | :10:18. | |
something that's taken on some heightened importance in recent | :10:19. | :10:19. | |
days. Joining us is Alix Stewart, fixed | :10:20. | :10:22. | |
income fund manager at Schroders. Good morning. Good morning. Let's | :10:23. | :10:31. | |
talk about Lloyds. We mentioned it there in the round-up of other news | :10:32. | :10:40. | |
the. It is a significant day. It is back into private hands? Finally the | :10:41. | :10:45. | |
post financial crisis seems to be behind Lloyds anyway or the | :10:46. | :10:50. | |
Government ownership of it as finally the taxpayers get their | :10:51. | :10:54. | |
money back. Returned to private hands and the taxpayer makes a | :10:55. | :10:58. | |
profit on it. So in that sense it has been good, but it all came about | :10:59. | :11:03. | |
because Lloyds was in a decent financial position already been it | :11:04. | :11:07. | |
got into the bail out? It was a well run bank before the financial crisis | :11:08. | :11:11. | |
and wasn't one of those that was in danger, but they bought HBOS which | :11:12. | :11:15. | |
had a load of issues and what they have been doing is putting all that | :11:16. | :11:19. | |
right since then and this is the end of the process as far as that's | :11:20. | :11:23. | |
concerned. So different to the fortunes for RBS though because it | :11:24. | :11:26. | |
was in a similar position. It got a bail out out at the height of the | :11:27. | :11:30. | |
financial crisis, but it is # 3%, I think, owned by taxpayers, such a | :11:31. | :11:33. | |
contrast between RBS and Lloyds? Such a contrast because RBS weren't | :11:34. | :11:38. | |
a well run bank and we can see with the number of fines that they are | :11:39. | :11:41. | |
getting hit with the and the issues that they have now that it has taken | :11:42. | :11:47. | |
them longer to recover. The boss of Lloyds bank, he has been grilled on | :11:48. | :11:58. | |
the radio, BBC Radio Today, it's on our Business Live page. It's over | :11:59. | :12:01. | |
there, the interview with him and what he has been saying about. | :12:02. | :12:03. | |
Interesting comments about executive pay that he was making. So have a | :12:04. | :12:11. | |
read at that. To look ahead, the FTSE 100 down slightly. We've got | :12:12. | :12:18. | |
unemployment figures out in the UK, shortly. Thoughts? They are expected | :12:19. | :12:22. | |
to be a low level. The thing about obviously employment in the UK as we | :12:23. | :12:27. | |
have seen is a lot has been self-employed and zero hours | :12:28. | :12:29. | |
contracts. The big question going forward is whether, you know, this | :12:30. | :12:34. | |
level of unemployment actually leads to wage rises that worry the Bank of | :12:35. | :12:38. | |
England. And those wage rises are the bit we are all feeling because | :12:39. | :12:43. | |
inflation rising yesterday, we've got less money in our pocket. It's | :12:44. | :12:46. | |
not keeping up with inflation, is it? Consumers are feeling squeezed | :12:47. | :12:50. | |
and we're beginning to see that in the retail data now. One for us to | :12:51. | :12:57. | |
watch. Those figures out at 9.30am. Alix, thank you. | :12:58. | :12:59. | |
Still to come, rogue landlords and dodgy digs. | :13:00. | :13:04. | |
Why one app wants to change the way students find somewhere to live | :13:05. | :13:07. | |
You're with Business Live from BBC News. | :13:08. | :13:21. | |
The Government has confirmed that its remaining shares | :13:22. | :13:27. | |
in Lloyds Banking Group have been sold eight years after pumping | :13:28. | :13:32. | |
At the height of the financial crisis taxpayers | :13:33. | :13:39. | |
Our Business Editor Simon Jack is in the business newsroom. | :13:40. | :13:51. | |
Simon, it does mark the end of the year as virus that bailout is | :13:52. | :13:58. | |
concerned. Yes. Almost nine years ago the taxpayer put in ?20.3 | :13:59. | :14:03. | |
billion. That has now been repaid in full, with a small profit, nearly | :14:04. | :14:10. | |
?900 million paid more than put in. It is not a fantastic return on an | :14:11. | :14:13. | |
investment over nearly a decade but this wasn't an investment, this was | :14:14. | :14:18. | |
a rescue of a bank, Lloyds bank, which made a bad situation much | :14:19. | :14:23. | |
worse by agreeing to take over HBOS, which had made a lot of toxic | :14:24. | :14:26. | |
commercial loans, relying on when the money, which all dried up in the | :14:27. | :14:29. | |
credit carnage, and saw multi-million pound -- multi-billion | :14:30. | :14:37. | |
pound losses. The Chief Executive celebrated returning all that money. | :14:38. | :14:42. | |
It has been a very difficult road. ?17 billion paid out in payment | :14:43. | :14:45. | |
protection insurance, criminal fraud in some of the HBOS branches, | :14:46. | :14:51. | |
particularly in Reading. It hasn't been an easy road. Now they are | :14:52. | :14:54. | |
there, the question is what happens now? They expect the shareholders to | :14:55. | :15:00. | |
do normal things like try to increase profits, grow revenue, and | :15:01. | :15:03. | |
they have really reach wrenched into the UK. There are some headwinds | :15:04. | :15:09. | |
facing them, very exposed the consumer and retail banking. As you | :15:10. | :15:17. | |
mentioned, it will begin to eat into consumers ability to pay an for | :15:18. | :15:21. | |
additional credit. Some problems they have to face, and the end of an | :15:22. | :15:26. | |
era. I remember it at the time, ?20.3 billion, no one thought it | :15:27. | :15:29. | |
would take this long to come back. The government will be pleased but | :15:30. | :15:33. | |
it is some UN and some you lose. Remember they are still very much in | :15:34. | :15:38. | |
the red on their stake on RBS. It could be on the government books for | :15:39. | :15:41. | |
many years to come unless they are prepared to sell at a loss, which | :15:42. | :15:44. | |
the Chancellor said recently he might be prepared to do. Some you | :15:45. | :15:50. | |
win, some you lose. Thank you, lots more online to read when you have a | :15:51. | :15:52. | |
moment. Our top story today, | :15:53. | :15:58. | |
EU and US officials are meeting to discuss a potential extension | :15:59. | :16:07. | |
of the laptop ban on aircrafts. The original set of restrictions | :16:08. | :16:10. | |
affected flights from eight mostly mostly Muslim countries, | :16:11. | :16:15. | |
including Turkey, Egypt, the United Arab Emirates | :16:16. | :16:17. | |
and Saudi Arabia but now there are reports suggesting | :16:18. | :16:19. | |
that the ban could be extended to include some countries | :16:20. | :16:22. | |
within the EU. One analyst I spoke to said it will | :16:23. | :16:33. | |
be the whole of Europe. And as we were talking with our guest earlier, | :16:34. | :16:37. | |
the problem is of course we tend to think of it just bought business | :16:38. | :16:48. | |
travellers with laptops. A lot of you getting in touch saying it is | :16:49. | :16:53. | |
families with tablets as well. Andrew says it is not a problem | :16:54. | :16:57. | |
having a laptop on a plane, it is the safety in the hold and lack of | :16:58. | :17:01. | |
insurance for any damage and theft in the hold. A similar theme from | :17:02. | :17:06. | |
Claude, as long as the airlines replace the ones they damage in | :17:07. | :17:17. | |
transit. Some airlines, particularly Emirates, are trialling a system | :17:18. | :17:20. | |
whereby you can lock it up as you get on the plane, which then goes | :17:21. | :17:24. | |
into the hold. Daniel says they just need better movies on flights. Maude | :17:25. | :17:28. | |
says she cannot live without her candle. She got mentioned twice! | :17:29. | :17:36. | |
Eddie says keep the drinks flowing, I am with him. Drinking on planes. | :17:37. | :17:43. | |
Let's move on. You may well have been a student or | :17:44. | :17:50. | |
you may be one right now, or you are the parent of a student, well listen | :17:51. | :17:54. | |
up, because you may well know very well it is very difficult and often | :17:55. | :17:58. | |
quite stressful to find somewhere to live at eight college or university | :17:59. | :18:02. | |
and it can be a bit of a gamble at times. I know it all too well. | :18:03. | :18:07. | |
The number of university level students studying abroad has more | :18:08. | :18:20. | |
than doubled since the turn of the century to reach 4.1 million. | :18:21. | :18:23. | |
The number one destination is the United States | :18:24. | :18:25. | |
That's followed by the UK with almost half a million | :18:26. | :18:28. | |
Figures for the UK suggest the average international student | :18:29. | :18:32. | |
spends $18,000 a year, excluding tuition fees. | :18:33. | :18:33. | |
A large part of that goes on accomodation. | :18:34. | :18:35. | |
Student dot com is a website that helps those students find | :18:36. | :18:38. | |
somewhere to live in more than 400 cities worldwide. | :18:39. | :18:40. | |
Luke Nolan is the co-founder and Chief Executive of Student.com | :18:41. | :18:43. | |
He is with us now. Nice to see you. Morning, Luke. We can see the need. | :18:44. | :18:51. | |
I could have used this as a student, trying to find somewhere to live. I | :18:52. | :18:55. | |
was back at my university city this week, looking at where I used to | :18:56. | :18:58. | |
live, and some places were pretty dreadful, but this is a way of | :18:59. | :19:02. | |
matching beds and runs the students. How did the idea come about? Good | :19:03. | :19:09. | |
question. I had been living in China already for about six or seven | :19:10. | :19:12. | |
years, and spent a lot of time doing business with Chinese live the | :19:13. | :19:16. | |
country. The question that kept cropping up was my son or daughter | :19:17. | :19:20. | |
is studying abroad, where should they live? Very often, with the | :19:21. | :19:23. | |
explosion of international student number is around the world, | :19:24. | :19:25. | |
universities haven't been able to build more housing. So people are | :19:26. | :19:32. | |
looking for a self -- a safe and comfortable place to live with great | :19:33. | :19:35. | |
people. It always used to be guarantee that if you went to | :19:36. | :19:40. | |
university in many countries you would be guaranteed at least for the | :19:41. | :19:44. | |
first year to be living in university accommodation but so much | :19:45. | :19:46. | |
has been farmed out to the private sector that is not always the case. | :19:47. | :19:51. | |
Correct. It is not always possible for them. You started this in 2011 | :19:52. | :19:56. | |
and it was very focused on students coming from China to other | :19:57. | :19:59. | |
countries. But now, as we have mentioned, you are in 400 cities | :20:00. | :20:04. | |
around the world. How do you manage that? It sounds like a colossal | :20:05. | :20:09. | |
task, especially to guarantee that those landlords that are providing | :20:10. | :20:14. | |
the accommodation are OK? Very interesting point, in fact it is | :20:15. | :20:18. | |
very important for us to align ourselves with high-quality | :20:19. | :20:21. | |
landlords, who care just like we do about the safekeeping and well-being | :20:22. | :20:24. | |
of students, and the whole student experience. So we spent a lot of | :20:25. | :20:29. | |
time, it is time consuming but it is something we care deeply about. | :20:30. | :20:34. | |
Where do you make money? The service is free for students, we make money | :20:35. | :20:38. | |
from our landlord partners. Our landlords are looking for access to | :20:39. | :20:42. | |
the market to students on a global level, so we take a margin from the | :20:43. | :20:48. | |
rent that the student pays. And in terms of the logistics of it all, | :20:49. | :20:52. | |
you say you take great care in making sure the landlords are all | :20:53. | :20:55. | |
right and anything else, talk health that works? You have about hundred | :20:56. | :21:03. | |
staff? We have about 180 people in 19 locations, split between our | :21:04. | :21:06. | |
source countries and our destinations. So it is indeed | :21:07. | :21:10. | |
relatively time-consuming but it is an important part of our business | :21:11. | :21:14. | |
model. You have had a lot of investment, over $70 million has | :21:15. | :21:17. | |
been ploughed into your company. Has anyone looked at you thinking, we | :21:18. | :21:23. | |
want to buy you? Great question. We get approached a lot, in terms of | :21:24. | :21:27. | |
discussions about all kinds of investment. Me, personally, as the | :21:28. | :21:30. | |
founder of course I'm having the best time of my life building this | :21:31. | :21:34. | |
business. I run the company as if I'm going to run it for ever, but of | :21:35. | :21:38. | |
course strategic discussions are always interesting to have. Best of | :21:39. | :21:44. | |
luck, Luke Nolan, chief exec of student .com. Plenty more to come | :21:45. | :21:49. | |
come stay with us. This is how to stay in touch. The Business Live | :21:50. | :21:53. | |
pages where you can stay ahead with all the day's breaking news. | :21:54. | :22:08. | |
Alec Stewart is back with us. Nice to see you. We will stay with the | :22:09. | :22:30. | |
student theme we were just discussing. A great story in the | :22:31. | :22:35. | |
Washington Post, five tips for millennials want to buy a house. | :22:36. | :22:38. | |
This all came about because an Australian millionaire said to many | :22:39. | :22:41. | |
young people want everything, they want a holiday, nice cars, to be | :22:42. | :22:47. | |
able to buy everything every day and then they whinge about not being up | :22:48. | :22:51. | |
to afford a house. He has a point, doesn't he? I am not sure that | :22:52. | :22:55. | |
cutting back on your coffee will make up for the fact that rents have | :22:56. | :22:58. | |
gone up such a large amount and that you don't get any interest on your | :22:59. | :23:01. | |
savings these days. So it is harder for young people now. Much harder. | :23:02. | :23:08. | |
They say they have student debts, high housing costs, nowhere to put | :23:09. | :23:11. | |
our money that makes a return, they say are only escape is burning money | :23:12. | :23:18. | |
on Kofi. And avocado on toast apparently. The so-called snowflake | :23:19. | :23:22. | |
generation, will you explain? I have educated both of you this morning. | :23:23. | :23:28. | |
The assumption that young people, at the first sign of trouble melts, or | :23:29. | :23:34. | |
they find any hurdle in their way. Is this the generation following | :23:35. | :23:37. | |
millennials? I think it is all part of it. Just for the record I don't | :23:38. | :23:40. | |
agree with because I think young people have it tough in many places. | :23:41. | :23:44. | |
But it is interesting, because there is so much coverage of what young | :23:45. | :23:48. | |
people are facing, in terms of challenges. The bank of mum and dad | :23:49. | :24:01. | |
is one of the top lenders out there. And having to stay at home a lot | :24:02. | :24:04. | |
longer and having to share a house with people you probably wouldn't | :24:05. | :24:09. | |
want to. It is tough on these days. On that depressing note, thank you | :24:10. | :24:12. | |
for talking through all of that. That is it from us on the show, we | :24:13. | :24:16. | |
will be back tomorrow. See you soon, goodbye. | :24:17. | :24:29. | |
The warmest day of the year so far yesterday, 26 degrees across the | :24:30. | :24:33. | |
south-east. Things | :24:34. | :24:35. |