:00:07. > :00:17.This is Business Live from BBC News with Ben Thompson and Sally Bundock.
:00:18. > :00:19.Britain's Prime Minister convenes her new Cabinet for its first
:00:20. > :00:27.meeting since last week's tumultuous election. Live from London, that's
:00:28. > :00:37.our top story on Monday 12th of Junne.
:00:38. > :00:40.As Theresa May fights to stay in power - business leaders warn
:00:41. > :00:51.prolonged political uncertainty will take its toll on the economy and
:00:52. > :00:54.sterling. Also in the programme...It could be all change at the top for
:00:55. > :00:56.Uber after a damaging investigation into its corporate culture throws
:00:57. > :01:04.the transport technology giant into chaos. Live from London, that's our
:01:05. > :01:22.top story on Monday 12th of Junne. Away from the chaos of the UK
:01:23. > :01:26.election, France's new president Emmanuel Macron looks set to win a
:01:27. > :01:29.landslide in the country's parliamentary elections. Can he
:01:30. > :01:33.pushed through the major reforms that you promised voters, including
:01:34. > :01:39.cutting spending and overholding France's strict laws. Do you still
:01:40. > :01:43.trust the politicians? Do they deliver on their promises? Or do
:01:44. > :01:45.they just say what you want to hear to win your vote? Let us know, use
:01:46. > :02:02.the hashtag BBC Business Live. A very warm welcome to the
:02:03. > :02:06.programme. Do get in touch with your thoughts. The Prime Minister has
:02:07. > :02:11.formed a new Government, and today she will be holding her first
:02:12. > :02:14.Cabinet meeting says the election. Senior ministers reappointed by
:02:15. > :02:17.Theresa May have publicly given Hubbard backing, but several are
:02:18. > :02:23.reported to have demanded greater influence in return for their
:02:24. > :02:26.support. Meanwhile, the uncertainty caused by the general election has
:02:27. > :02:31.led business confidence in the UK to sink through the floor. That is
:02:32. > :02:36.according to a lobby group that did a poll of 700 of its members. It is
:02:37. > :02:41.the Institute of Directors, which found a dramatic drop in confidence
:02:42. > :02:44.since Thursday's election. Mrs May does not command a majority in
:02:45. > :02:50.parliament, and is hoping to finalise an alliance with Northern
:02:51. > :02:55.Ireland's DUP. Which has its own economic concerns. As Joe Lynam
:02:56. > :02:57.outlines. In economic terms, Northern Ireland is less
:02:58. > :03:03.well-developed than the rest of the UK, all the Republic of Ireland. It
:03:04. > :03:06.is a small economy, which has low levels of productivity and exports
:03:07. > :03:16.and heavily dependent on the state. Those sectors are -- apart from the
:03:17. > :03:18.state that it relies on tourism, manufacturing and fruit. They need
:03:19. > :03:24.large supplies of low skilled Labour, especially from Eastern
:03:25. > :03:32.Europe and pollen. If Britain is to leave the Single Market, and that is
:03:33. > :03:37.the stated policy, the DUP may ask of a derogation of labour. They want
:03:38. > :03:42.London to pick up $450 million per year that Brussels sensed the
:03:43. > :03:46.Belfast in agricultural subsidies. That comes on top of the $1 billion
:03:47. > :03:56.per month that London sends already to Belfast. And then there is the
:03:57. > :03:58.political, expect the DUP to want a lot more investment in
:03:59. > :04:03.infrastructure. Joe Lynam with some of the details
:04:04. > :04:07.as we know them so far. With me is David Owen,
:04:08. > :04:16.Chief European Economist Nice to see you, welcome to Business
:04:17. > :04:21.Live. Running through some of the issues, so much to ring and throwing
:04:22. > :04:25.about whether a deal has been done with the DUP. To start off where we
:04:26. > :04:29.are economic league, this comes amid a changing economic picture, both
:04:30. > :04:35.for the UK and Northern Ireland, they are really struggling. Yes, the
:04:36. > :04:39.wheels have been coming of the UK more recently, and we had some very
:04:40. > :04:43.disappointing figures in the first quarter which seem to be carrying on
:04:44. > :04:46.into the second quarter. In terms of Northern Ireland it has
:04:47. > :04:51.significantly underperformed. Even Scotland in recent years. I think
:04:52. > :04:55.with the DUP there will be a lot more spending with the North America
:04:56. > :04:59.economy in particular. But it is sort of just about struggling out of
:05:00. > :05:03.recession. Compared to the UK, it has done very badly. There is a lot
:05:04. > :05:09.of horse trading done right now and in the days ahead. Whilst that is
:05:10. > :05:13.ongoing, business leaders have stepped to the Institute of
:05:14. > :05:18.Directors that confidence has fallen dramatically, more so than after the
:05:19. > :05:23.outcome of the referendum to leave the EU, which is interesting. Brexit
:05:24. > :05:29.Secretary David Davis told BBC radio that the UK will still continue with
:05:30. > :05:33.its plans to be out of the Single Market. What do you think the
:05:34. > :05:36.outcome will be for Brexit? One of them actual things following results
:05:37. > :05:43.on the Friday was that there would be a push for a softer, more managed
:05:44. > :05:47.Brexit. We need the EU to agree to that, but a softer Brexit is
:05:48. > :05:50.certainly on the cards. Being within the customs union and having as much
:05:51. > :05:54.access to the Single Market as possible is obviously where we are
:05:55. > :05:58.going. The problem with being inside the customs union is you cannot
:05:59. > :06:02.strike new trade deals with other countries outside the EU, and the UK
:06:03. > :06:06.will still have to pay for the privilege of having that access. A
:06:07. > :06:10.softer Brexit is now what is going to be called for, that's fairly
:06:11. > :06:13.obvious. In terms of the DUP, they don't want a hard border between the
:06:14. > :06:17.North on the south of Ireland and they still want as much access as
:06:18. > :06:25.well, because they want good to be moving through Ireland. From a
:06:26. > :06:28.European view looking out towards the UK, things have fundamentally
:06:29. > :06:34.change. If you are a European leader, you were told that Theresa
:06:35. > :06:40.May would approach the negotiations with the hard line. Things have done
:06:41. > :06:43.a 360, and they are saying what they wanted something entirely different.
:06:44. > :06:48.It depends how they play this. If they offer concessions to the UK,
:06:49. > :06:52.you can imagine the scenario where we do not leave the EU at all. That
:06:53. > :06:57.is entirely possible. Is that feasible? I don't think so. I don't
:06:58. > :07:00.think EU will come back with concessions and the UK decides it is
:07:01. > :07:05.not worth going along with this line. We will have to see as soon as
:07:06. > :07:09.those negotiations commence, there is going to be the financials are
:07:10. > :07:12.from and, how we play that. Obviously they don't want to blog
:07:13. > :07:20.about new trading arrangements, until we have settled in principle
:07:21. > :07:23.by financial market. The whole thing is going to be pretty toxic. The
:07:24. > :07:28.Bush in the UK will be for a softer Brexit, that is clear. The EU should
:07:29. > :07:30.recognise that, there should be a transitional phase which will be
:07:31. > :07:38.helpful for many businesses to work out where we are eventually going.
:07:39. > :07:46.Things are three up the moment. -- things are very up in the air at the
:07:47. > :07:47.moment. We will talk about the market reaction later. Let's look at
:07:48. > :07:54.some of the stories... Uber's chief executive could be
:07:55. > :07:57.forced to take a leave of absence under changes
:07:58. > :07:59.being considered by the firm. Reports say the company's
:08:00. > :08:01.board met on Sunday, but hasn't yet released details
:08:02. > :08:03.about Mr Kalanick's future. Other reports also suggest that
:08:04. > :08:05.the company's Chief Business Officer We'll have more on this
:08:06. > :08:09.from New York in a moment. Jaguar Land Rover has made
:08:10. > :08:11.a $32 million investment in the minicab-hailing service Lyft,
:08:12. > :08:14.according to The Times. Lyft is raising money to help
:08:15. > :08:17.compete with bigger rival Uber. Last year it received investment
:08:18. > :08:21.from General Motors. Chinese box office ticket sales
:08:22. > :08:25.could have saved the Hollywood film The Mummy after its weak opening
:08:26. > :08:28.in the US and Canada. It brought in $70 million in China
:08:29. > :08:31.and South Korea alone - setting records for films starring
:08:32. > :08:35.Tom Cruise in the region. The strong start shows big-budget
:08:36. > :08:42.action-adventure films remain particularly popular in East Asia,
:08:43. > :08:58.despite waning interest I was looking at the wrong camera!
:08:59. > :09:02.Let's look at what is on the Business Live page. A lot of
:09:03. > :09:06.reaction to the shenanigans over the weekend as far as UK politics is
:09:07. > :09:10.concerned. The pound is steady at the moment. Of course, right next to
:09:11. > :09:14.it, business leaders and politicians are calling on Theresa May to
:09:15. > :09:19.consider her strategy on Brexit. Of course there is a real concern about
:09:20. > :09:22.what the election outcome means for those Brexit negotiations that are
:09:23. > :09:31.shortly. That is the top story on shortly. That is the top story on
:09:32. > :09:34.the page. The Institute of Directors poll shows a dramatic drop in
:09:35. > :09:38.confidence following that result of the election.
:09:39. > :09:40.Shares in Toshiba have soared today, after reports that Western Digital
:09:41. > :09:49.has raised its offer for Toshiba's chip business to $18 billion.
:09:50. > :09:53.It needs that money to deal with its failed nuclear business in the US.
:09:54. > :09:57.Leisha Chi has the details from our Asia Business Hub.
:09:58. > :10:03.All of these are just reports but it was enough to send their shares
:10:04. > :10:08.through the ceiling. Exactly, shares rose by more than 9% in Tokyo, which
:10:09. > :10:14.shows that investors are cheering the possibility of Toshiba getting a
:10:15. > :10:18.good for the chip business. They aren't very deep financial trouble
:10:19. > :10:23.and they need raise a huge amount of money -- they are in very deep
:10:24. > :10:28.financial trouble. This chip sale, the world's second-biggest producer
:10:29. > :10:33.of flash memory chips is crucial to that. It is Toshiba's golden egg.
:10:34. > :10:38.With a company planning to raise its offer, it shows the stakes are high.
:10:39. > :10:43.According to these reports, it is a last-ditch effort to buy the
:10:44. > :10:47.division. The problem is, any purchase by Western Digital would
:10:48. > :10:52.face major anti-trust concerns in America. So we believe that
:10:53. > :10:57.chip-maker Broad, and a private equity firm called Silverlake are
:10:58. > :11:03.actually in the leading to buy this chip unit. Toshiba chairs on the way
:11:04. > :11:07.up, which is unusual because technology stocks were falling in
:11:08. > :11:12.Asia today of the back of a big fall in some of the value of the big tech
:11:13. > :11:17.names listed on the Nasdaq, the likes of Apple, Microsoft and co. We
:11:18. > :11:21.will talk about that issue in a moment in more detail. The markets
:11:22. > :11:27.morning. That is the close on Friday morning. That is the close on Friday
:11:28. > :11:31.in the US. Let's have a look in the Europe right now. So much for
:11:32. > :11:36.investors to get their heads around. The FTSE 100 is down by a third
:11:37. > :11:42.represent, no surprise given the turmoil politically in the UK. The
:11:43. > :11:46.one booking the trend is in Paris, doing well off the back of that
:11:47. > :11:50.strong result for Emmanuel Macron in the parliamentary elections on
:11:51. > :11:52.Sunday. We will undertake that further soon in this programme.
:11:53. > :11:54.And Samira Hussain has the details about what's ahead
:11:55. > :12:02.The big news breaking event this week is the Federal Reserve meeting.
:12:03. > :12:08.America's Central bank starts its two-day meeting on Tuesday. Whilst
:12:09. > :12:11.other economic indicators point to a strengthening US economy, inflation
:12:12. > :12:16.remained stubbornly low. We will find out if interest rates are going
:12:17. > :12:17.up on Wednesday. Following that announcement, the Federal Reserve
:12:18. > :12:20.chair Janet Yellen is holding a news chair Janet Yellen is holding a news
:12:21. > :12:25.conference and guarding that decision. Also happening this week,
:12:26. > :12:35.either is expected to release the findings from its much and as they
:12:36. > :12:37.did report -- Uber. By the former US Attorney General, he was called in
:12:38. > :12:40.to investigate workplace culture and practices after allegations of
:12:41. > :12:43.sexual harassment at the company. The findings and recommendations for
:12:44. > :12:48.improvement will be presented to Uber employees on Tuesday. We are
:12:49. > :12:49.going to talk more about that when we look at the business pages in the
:12:50. > :12:52.newspapers a little later. Joining us is David Buik
:12:53. > :13:05.from Panmure Gordon. Good morning, Sally, good morning,
:13:06. > :13:08.Ben. Interesting weekend. Let's that Emmanuel Macron in perspective, he
:13:09. > :13:13.did a fantastic job to get a majority just like that. But it is
:13:14. > :13:17.all down to whether he can make the unions come to hand and the labour
:13:18. > :13:23.changes, and that is a real problem. We will discuss that in detail about
:13:24. > :13:28.later. So much still to come. A big week as far as they do is concerned.
:13:29. > :13:35.I have just looked that the list. UK inflation figures tomorrow, a Fed
:13:36. > :13:39.meeting in the US on Wednesday, UK unemployment data on Thursday, we
:13:40. > :13:44.get a great decision in the UK, the markets in Japan, where to start?
:13:45. > :13:48.Consumer confidence today as well. First and foremost, the IoT figure
:13:49. > :13:53.is not surprising, if it is still the same in one month, we have to
:13:54. > :13:57.worry. Consumer confidence is not likely to be good. Inflation has
:13:58. > :14:00.been up towards the 3% level but I think you will find the drop in 5%
:14:01. > :14:04.in oil prices, we may have hit the top for the time being. Employment
:14:05. > :14:09.data may be slightly worse off, but I doubt it very much because I think
:14:10. > :14:15.still we have sufficient business to make it sustainable because it is on
:14:16. > :14:20.a temporary basis. A lot of these are lagging indicators. Very
:14:21. > :14:24.quickly, the Fed, I think we have had disappointing, not disastrous,
:14:25. > :14:32.but disappointing payroll figures. Also, rather benign wage inflation.
:14:33. > :14:36.And because Chairman Jarlan is so conservative, I think she will not
:14:37. > :14:40.change it this month but leave it until September -- Janet Yellen is
:14:41. > :14:43.so conservative. The business leaders are saying they hate the
:14:44. > :14:48.idea of uncertainty in the next three months because it is going to
:14:49. > :14:52.affect investment badly and we need to pick up consumer confidence.
:14:53. > :14:56.Until we know how the early stages are going to go between the UK
:14:57. > :14:59.Government, David Davis particularly, and the EU, people are
:15:00. > :15:07.going to have their pockets on the floor, and that doesn't help. But a
:15:08. > :15:10.softer Brexit, which you discussed earlier, is inevitable. Particularly
:15:11. > :15:14.of the immigration policy, which will be softened. We saw from air
:15:15. > :15:18.bus that unless you do that 10,000 jobs are under the course in the UK,
:15:19. > :15:22.and that will have a spill-over effect for another 100,000 jobs.
:15:23. > :15:25.Long-term, it may have the desired effect that will be very good for
:15:26. > :15:31.the UK economy. David, thank you, nice to see you.
:15:32. > :15:36.It is about swapping one set of uncertainty for another.
:15:37. > :15:45.He won the pPresidency and now looks set for a landslide victory
:15:46. > :15:47.in France's parliamentary elections but can Emmanuel Macron
:15:48. > :15:48.push through the tough reforms he promised,
:15:49. > :15:50.including cutting spending and reforming France's
:15:51. > :16:10.That's all coming on Business Live. Stay with us. We're on BBC News.
:16:11. > :16:16.The result of the UK general election has resulted in a dramatic
:16:17. > :16:18.drop in business confidence according to the Institute
:16:19. > :16:22.They polled 700 business leaders over the weekend who warned that
:16:23. > :16:24.quick progress was needed on Brexit negotiations.
:16:25. > :16:32.Steph McGovern is there this morning.
:16:33. > :16:38.Hello from just outside the Bank of England where lots of people are
:16:39. > :16:42.starting their working week wondering what on earth all of this
:16:43. > :16:46.political uncertainty now means for them? And not least, businesses
:16:47. > :16:53.across the country looking at what impact it might have on them. We
:16:54. > :16:57.have got Justin with us. There are lots of ways at looking at this.
:16:58. > :17:01.One, the currency, we saw some movements last week, but that's sort
:17:02. > :17:04.of stable. And two other areas, confidence and confidence. Business
:17:05. > :17:08.confidence. Consumer confidence. Business confidence we've had the
:17:09. > :17:11.Institute of Directors report out showing business losing a little bit
:17:12. > :17:16.of confidence, but consumer confidence certainly, we've got
:17:17. > :17:22.issues there. Consumers buying less, and heavily indebted and that will
:17:23. > :17:25.impact on you and I spending stuff. That confidence has been hit by
:17:26. > :17:28.uncertainty. We don't know what's going to happen next? That's the
:17:29. > :17:31.problem. We're not sure what is happening with Brexit. What the
:17:32. > :17:37.Government is doing or what the Government is. People will say, I
:17:38. > :17:40.will wait. That's got to change. You want people to know we're heading
:17:41. > :17:45.that in direction and then we'll invest and then we'll spend and then
:17:46. > :17:50.you'll get external investors come in. That's it from me here in the
:17:51. > :17:54.City of London. Two familiar faces, Steph and
:17:55. > :18:03.Justin. It looks nice in the City of London
:18:04. > :18:09.actually. Theresa May is facing the 1922
:18:10. > :18:13.committee as it's known, the Tory backbenchers. A lot of her critics
:18:14. > :18:16.there. The full details are in the website in the coverage of that. It
:18:17. > :18:22.will be an interesting day to say the least. As we've mentioned
:18:23. > :18:25.already, the value of pound, well, it has gone up slightly since the
:18:26. > :18:32.dramatic fall on Thursday and Friday. Many were interpreting that
:18:33. > :18:36.because they do feel that a soft Brexit or a softer Brexit will be
:18:37. > :18:42.the eventual outcome in the on going negotiations.
:18:43. > :18:47.You're watching Business Live. Our top story:
:18:48. > :18:54.We're looking at the political turmoil in the UK and the fall-out
:18:55. > :18:58.for the economy and for financial markets as business leaders in one
:18:59. > :19:02.of the most esteemed lobby groups warns about the chaos and impact on
:19:03. > :19:05.business and the economy. Yes, we have been asking for your tweets on
:19:06. > :19:08.the programme this morning about whether you still trust politicians
:19:09. > :19:13.given everything that's gone on in the k and of course, over in France
:19:14. > :19:17.as we'll talk about in a moment. Emmanuel Macron expected to take a
:19:18. > :19:20.landslide victory in the country's Parliamentary elections. Liz says,
:19:21. > :19:28."Do I have trust? Never have, never will. Not even the ones I vote for."
:19:29. > :19:31.Annabel says, "No, move it on." . It makes an assumption that we had
:19:32. > :19:37.trust in the politicians to start with." Keep your comments coming in.
:19:38. > :19:45.Trading for 15 minutes across Europe and France is the one standing out
:19:46. > :19:50.of the crowd. Let's discuss France in a bit more detail.
:19:51. > :19:54.And now away from the political upheaval in the UK, France is also
:19:55. > :19:58.forming a new government, where Emanuel Macron's new party
:19:59. > :20:00.En Marche is taking control of French politics.
:20:01. > :20:02.It looks on course to win a landslide victory
:20:03. > :20:07.following the first round of parliamentary elections.
:20:08. > :20:10.Projections suggest En Marche could get as many as three-quarters
:20:11. > :20:17.The final outcome will be decided at a run-off next Sunday.
:20:18. > :20:20.Mr Macron's party was established just over a year ago and many
:20:21. > :20:25.candidates have little or no political experience.
:20:26. > :20:28.With us is Dr Francoise Boucek, Lecturer at the School of Politics
:20:29. > :20:29.and International Relations at Queen Mary University of London.
:20:30. > :20:36.Good morning. Good morning. Welcome back. You have been here before.
:20:37. > :20:40.Let's talk first of all about the challenge ahead. Because on one hand
:20:41. > :20:45.we're getting caught up in UK politics where it seems nothing will
:20:46. > :20:47.happen. Over in France Emmanuel Macron won the landslide, expected
:20:48. > :20:53.to win the Parliamentary elections now too. But he has got quite a to
:20:54. > :20:56.do list ahead of him. He made bold promises on the campaign trail and
:20:57. > :21:02.people will be expecting him now to fulfil them? Yes, at the same time,
:21:03. > :21:09.he is riding a wave of optimism and I think if his party gets up to 450
:21:10. > :21:16.seats in the National Assembly next week you know France will be in a
:21:17. > :21:24.very strong position. It's economy is growing twice as fast as Britain.
:21:25. > :21:32.It will have political stability. While Britain is having this party
:21:33. > :21:36.politics. It is at the centre of Europe while Britain is slugging
:21:37. > :21:39.brew the swamps of Brexit! His big promise is to reform the labour
:21:40. > :21:44.market which Francois Hollande failed to do. And Nicolas Sarkozy
:21:45. > :21:50.failed to do before him. He has already talked to union leaders the
:21:51. > :21:54.how successful will he be? Well, his Prime Minister has already started
:21:55. > :22:03.negotiations and talks with the unions and he proposes to do this
:22:04. > :22:06.this summer and use the delegated legislation in Parliament to speed
:22:07. > :22:13.the process so that by the end of September they have a Bill going
:22:14. > :22:20.through Parliament and the trade union is the dominant one right now
:22:21. > :22:24.is open to discussions and there are aspects of the labour reform which
:22:25. > :22:31.will have some appeal to the youth vote as well even though they have
:22:32. > :22:35.been traditionally more taken by his political message of political
:22:36. > :22:40.renewal, but at the same time his message of economic renewal which
:22:41. > :22:45.will devolve power to employers and therefore ease the creation of
:22:46. > :22:47.employment among the creation of youth where it is low.
:22:48. > :22:50.Internationally we have seen him stand up to the likes of Donald
:22:51. > :22:56.Trump. Briefly, how will France figure on the world stage now with
:22:57. > :23:01.Mr Macron in charge? Well, in the EU first of all, he has got a good
:23:02. > :23:08.working relationship with Merkel. He's established his presence over
:23:09. > :23:15.the past two weeks on the G7. On other international fronts. He has
:23:16. > :23:21.met with Putin. So, I think, he has gained a lot of co-operation and a
:23:22. > :23:27.lot of optimism on the international stage as well. Time is tight, it is
:23:28. > :23:30.really good to talk to you. Thank you for coming in and explaining
:23:31. > :23:31.that. We will speak to you soon. We will see how the reform get through.
:23:32. > :23:40.But nice to see you. In a moment we'll take a look
:23:41. > :23:43.through the Business Pages but first here's a quick reminder of how
:23:44. > :23:46.to get in touch with us. The Business Live page
:23:47. > :23:48.is where you can stay ahead of all the day's
:23:49. > :23:50.breaking business news. We'll keep you up-to-date
:23:51. > :23:52.with all the latest details, with insight and analysis
:23:53. > :23:55.from the BBC's team of editors Get involved on the BBC business
:23:56. > :24:00.live web page: bbc.com/business. On Twitter, @BBCBusiness
:24:01. > :24:02.and you can find us on Facebook Business Live on TV and online,
:24:03. > :24:22.whenever you need to know. And this is the line I will say over
:24:23. > :24:31.and over again, ber and out. An investigation by the former
:24:32. > :24:35.Attorney-General of the US has looked into Uber's culture, it is
:24:36. > :24:40.suggested the founder may take a leave of absence. Whether it is a
:24:41. > :24:49.leave of absence or a real leave of absence, we don't know. Ubber is
:24:50. > :24:53.moving to a mainstream company. Speaking to big businesses that are
:24:54. > :24:57.making a leap. Let's turn our attention to Aldi, the German
:24:58. > :25:02.discount retailer this. Is in the Wall Street Journal planning a big
:25:03. > :25:10.US expansion plan? They have got 1700. They have been in the States
:25:11. > :25:15.since the mid-# 70s, you don't think of Americans turning to discount
:25:16. > :25:20.European-style grocers. You think of Tesco's and Marks Spencer's who
:25:21. > :25:26.really failed? Well, Tesco failed badly and Marks Spencer's failed
:25:27. > :25:30.badly. Aldi has always been in it for the long haul. It came in the UK
:25:31. > :25:33.and didn't do very well and now it's doing very well, it is proceed to
:25:34. > :25:38.take the long-term view in America. $5 billion to do so? To do another
:25:39. > :25:42.900 stores and Lidl will open on Thursday its first ten stores in the
:25:43. > :25:47.States. Gosh. We'll keep an eye on it. Nice to see you. Dominic, thank
:25:48. > :25:51.you. That's another busy Business Live. We're back at the same time,
:25:52. > :25:59.the same place tomorrow. We will see you then. See you soon. Bye-bye.