Browse content similar to 04/08/2017. Check below for episodes and series from the same categories and more!
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Sunday, the ridge of high pressure building from the south-west but | :00:00. | :00:00. | |
this next weather front approaching brings outbreaks of showery rain so | :00:00. | :00:00. | |
it will be a fairly fresh start to the day on Sunday, plenty of | :00:00. | :00:00. | |
brightness across England and Wales first thing, one or two isolated | :00:00. | :00:07. | |
showers not out of the question, outbreaks of rain feeding from the | :00:08. | :00:10. | |
West into the afternoon with highs of 21 Celsius. | :00:11. | :00:10. | |
This is Business Live from BBC News with Ben Bland and Jamie Robertson. | :00:11. | :00:14. | |
Getting caught in the traffic - Toyota's profits are down | :00:15. | :00:16. | |
as the Japanese car-maker fights to get back into pole position. | :00:17. | :00:19. | |
Live from London, that's our top story on Friday 4th August. | :00:20. | :00:34. | |
Toyota's finances are hit by a huge drive to catch up with its rivals | :00:35. | :00:37. | |
on electric and autonomous cars, so can it be | :00:38. | :00:41. | |
The ride-hailing company admits it should have acted quick to fix | :00:42. | :00:51. | |
overheating parts on cars it gave its drivers. | :00:52. | :00:59. | |
A softer open across the main European indices, softer start to | :01:00. | :01:05. | |
the trading day. However, across the water in the US, the Dow has hit yet | :01:06. | :01:10. | |
another record high. We will look at what is going on a little later in | :01:11. | :01:12. | |
the programme. And we'll be getting | :01:13. | :01:13. | |
the inside track on Germany's diesel problems and Fairtrade chocolate | :01:14. | :01:16. | |
as we discuss all the big stories of the week with our business | :01:17. | :01:18. | |
correspondent Jonty Bloom. Using water to way down washing | :01:19. | :01:33. | |
machines instead of using concrete? Simple. But what a simple solutions | :01:34. | :01:36. | |
have you found to everyday problems. We have already had a tweet, David | :01:37. | :01:53. | |
saying, if I share my ideas, will you go 50/50? Smart man! | :01:54. | :01:58. | |
Toyota was once the company that sold the world more | :01:59. | :02:01. | |
And as it struggles to reclaim that number one spot, | :02:02. | :02:05. | |
As it released its latest number, the company behind the best-selling | :02:06. | :02:12. | |
car the world has ever seen, the Corolla, says its spending more | :02:13. | :02:16. | |
on what is called the "crucial" areas of self-driving cars | :02:17. | :02:18. | |
Toyota has reported a sharp fall in operating profits | :02:19. | :02:22. | |
It made $5.2 billion, a drop of 10.6% on the same period last year. | :02:23. | :02:36. | |
That's partly because of a big increase in research | :02:37. | :02:38. | |
Last year, despite "dieselgate", Volkswagen sold more cars, | :02:39. | :02:50. | |
and in the first half of this year they were both | :02:51. | :02:55. | |
overtaken by Renault-Nissan, after it added Mitsubishi | :02:56. | :02:57. | |
So Toyota is spending big to attract new customers. | :02:58. | :03:03. | |
Last month it committed another $100 million to develop | :03:04. | :03:05. | |
That is on top of the $1 billion it's already spending to develop | :03:06. | :03:21. | |
self-driving cars and other tech at a new research centre in the US. | :03:22. | :03:24. | |
But all of that research needs top engineers and scientists. | :03:25. | :03:26. | |
And to try and save on Silicon Valley's pricey talent, Toyota | :03:27. | :03:30. | |
recently launched a recruitment campaign on Tokyo's Nambu railway | :03:31. | :03:33. | |
line, along which many of the country's tech | :03:34. | :03:35. | |
James Batchelor, editor-at-large for Auto Express and Car | :03:36. | :03:39. | |
The picture there and has painted is of a company where profits are down | :03:40. | :03:49. | |
but for a very good reason, spending huge amounts of money on RMT. Is it | :03:50. | :03:53. | |
spending it in the right places? What kind of things is its spending | :03:54. | :04:01. | |
on? It needs to spend more money on R because Toyota fears of being | :04:02. | :04:05. | |
left behind by big tech companies, companies like Tesla, for example, | :04:06. | :04:09. | |
producing autonomous cars, so Toyota is spending the money in the right | :04:10. | :04:14. | |
area, because it has to. Has it been left behind, do you think? They all | :04:15. | :04:18. | |
are, in a way. They had the previous, which was a byword for the | :04:19. | :04:28. | |
next big thing, and now it is historic. It is not being left | :04:29. | :04:33. | |
behind at the moment, but the Prius is 20 years old, they have sold 3.5 | :04:34. | :04:38. | |
million of them since 1997. Toyota is spending a lot of money in terms | :04:39. | :04:41. | |
of the hydrogen fuel cell car as well. If that's the future? It is | :04:42. | :04:46. | |
not what everybody else has been talking about recently, is it? It is | :04:47. | :04:51. | |
one way to the future. We are all looking at electric cars and hybrids | :04:52. | :04:55. | |
at the moment. Hydrogen fuel cell car could be a | :04:56. | :05:06. | |
step far because it involves huge amounts in terms of infrastructure. | :05:07. | :05:10. | |
What about in terms of Electric, is it going down that route? Toyota is | :05:11. | :05:12. | |
going down the hybrid route, they have always gone... Not pure | :05:13. | :05:14. | |
electric? Not at the moment, they championed the hybrid because they | :05:15. | :05:16. | |
see that is the technology most people want to buy and especially as | :05:17. | :05:22. | |
we look at the 2040 ban on petrol cars, hybrid seems to be the best | :05:23. | :05:28. | |
way out for most customers. There is some talk of a merger with the | :05:29. | :05:34. | |
company, possibly muster, eight press release due in a couple of | :05:35. | :05:42. | |
hours? There definitely seems to be a tie-up looming between Mazda and | :05:43. | :05:46. | |
Toyota, probably to build a new factory in America because a lot of | :05:47. | :05:49. | |
car companies are having to tie up with each other to try to get ahead | :05:50. | :05:53. | |
of their competitors. So that is the way the industry is going, these | :05:54. | :06:00. | |
alliances between like we have with Nissan and Renault? Absolutely, that | :06:01. | :06:04. | |
is the only way a lot of car companies can spread cost in terms | :06:05. | :06:08. | |
of platforms and new technology. OK, we will cover that when we hear what | :06:09. | :06:12. | |
happens with that press conference. James, thank you very much indeed. | :06:13. | :06:14. | |
Let's take a look at some of the other stories | :06:15. | :06:17. | |
The Royal Bank of Scotland has made its first half-year profit in three | :06:18. | :06:25. | |
years. The bank, which is majority owned by the British taxpayer, made | :06:26. | :06:31. | |
$1.23 billion in the period. It has said it will relocate some stuff to | :06:32. | :06:35. | |
Amsterdam after Brexit as it looks to maintain European operations. | :06:36. | :06:38. | |
The cost of damage from a cyclone which hit Australia in March is one | :06:39. | :06:42. | |
of the main reasons profits are down at Swiss Re. | :06:43. | :06:45. | |
It cost the world's second largest re-insurer $360 million. | :06:46. | :06:49. | |
The company says it made $1.2 billion in the first | :06:50. | :06:52. | |
that's a third less than the same time last year. | :06:53. | :06:55. | |
It's seeking to move into new areas to grow its business. | :06:56. | :06:59. | |
A British computer expert credited with helping to shut down | :07:00. | :07:02. | |
a world-wide cyber attack earlier this year has been arrested | :07:03. | :07:04. | |
Marcus Hutchins stopped the WannaCry virus | :07:05. | :07:13. | |
from spreading further, after it affected thousands | :07:14. | :07:15. | |
The arrest is not linked to that attack. | :07:16. | :07:22. | |
There is more to that story than meets the eye! | :07:23. | :07:25. | |
We should follow it. Let's go to Asia now, | :07:26. | :07:28. | |
where there is more It says it has taken action to fix | :07:29. | :07:30. | |
cars it was using in Singapore A spokesman has told the BBC that | :07:31. | :07:49. | |
the company could have done more to fix the problem with these SUV 's in | :07:50. | :07:53. | |
Singapore. The Wall Street Journal reported that the company got | :07:54. | :08:00. | |
100,000 Honda Vezels even though they had been recalled due to | :08:01. | :08:04. | |
overheating. One of the drivers explained an incident where flames | :08:05. | :08:07. | |
burst out of the dashboard, melted the interior and cracked a hole in | :08:08. | :08:11. | |
the windshield. Luckily no one was hurt. This is a challenging time for | :08:12. | :08:15. | |
the company, it is also in the midst of battling sexual harassment claims | :08:16. | :08:19. | |
in the US and dealing with an exodus of executives. Earlier this summer | :08:20. | :08:23. | |
its chief executive resigned and is now on the hunt for a new CEO. | :08:24. | :08:29. | |
OK, thank you very much, Monica Miller there for us. | :08:30. | :08:34. | |
Let's look at the markets, that is a picture on the Asian markets, Tokyo | :08:35. | :08:38. | |
closing low on Friday with exporters pulling it downwards as the yen | :08:39. | :08:42. | |
strengthened against the dollar. A weakened dollar against the yen | :08:43. | :08:46. | |
makes Japan's exporters less competitive. The dollar weakened | :08:47. | :08:50. | |
after the new report on the probe into the Trump administration's | :08:51. | :08:54. | |
alleged ties with Russia and also a survey which showed growth in the | :08:55. | :08:58. | |
American services sector slowed sharply in July, so analysts are not | :08:59. | :09:02. | |
expecting the US jobs and wages data out later to offer much relief. On | :09:03. | :09:07. | |
Wall Street, although the tech focused Nasdaq, it has just | :09:08. | :09:10. | |
disappeared, edged to a record high for the second straight day. Here is | :09:11. | :09:17. | |
how the European market started the day, opened in the red but the FTSE | :09:18. | :09:21. | |
100 picking up, as we mentioned a moment ago, feeling a downward pull | :09:22. | :09:30. | |
from Swiss Re after it missed its profits estimate. Benefiting a bit | :09:31. | :09:33. | |
on the RBS share price which has gone up after it announced its | :09:34. | :09:34. | |
profits. And Samira Hussain has | :09:35. | :09:34. | |
the details about what's ahead It is the first Friday | :09:35. | :09:36. | |
in a new month and here in the US it can only mean one | :09:37. | :09:41. | |
thing, jobs numbers. The Labor Department will release | :09:42. | :09:43. | |
the latest employment figures Back in June, the US | :09:44. | :09:45. | |
economy added 222,000 jobs. Analysts are expecting non-form | :09:46. | :09:53. | |
payrolls to decrease They are also expecting to see | :09:54. | :09:56. | |
the unemployment rate fall to 4.3%. This number will be closely watched | :09:57. | :10:04. | |
by the Federal Reserve, America's central bank, | :10:05. | :10:07. | |
as it considers the next rise Now, there has been a flurry | :10:08. | :10:10. | |
of earnings coming up this week and those earnings helped push US | :10:11. | :10:19. | |
markets to record-breaking highs. Before the week comes to an end, | :10:20. | :10:22. | |
there are still a few more companies that will report, | :10:23. | :10:25. | |
including health insurers, Cigna, and Newell Brands, | :10:26. | :10:31. | |
the maker of Sharpie pens. Joining us is Mike Bell, | :10:32. | :10:36. | |
global market strategist 22,000 is terribly impressive, | :10:37. | :10:47. | |
should we be impressed or is it just another number? If you look in the | :10:48. | :10:50. | |
Dow there are lots of tech companies, some parts of the tech | :10:51. | :10:53. | |
market are pretty expensive at the moment so we would favour rotating | :10:54. | :10:57. | |
into some of the cheaper parts of the market, particularly the | :10:58. | :11:00. | |
financials, which should do well. But the financials are boosted | :11:01. | :11:04. | |
because everyone is expecting regulatory reform, basically taking | :11:05. | :11:11. | |
away the regulations, but is that going to happen? We have seen since | :11:12. | :11:15. | |
the start of the year a lot of that has been priced out of the | :11:16. | :11:18. | |
financials. The market is expecting the Fed to put rates up, that would | :11:19. | :11:22. | |
be a positive background. You don't get worried about the market at | :11:23. | :11:28. | |
22,000? Bits of the market look expensive, but the key for your | :11:29. | :11:31. | |
return is what you pay in terms of the multiple and if you look at some | :11:32. | :11:36. | |
tech stock trading at over 30 times, that is risky, we would favour 12 to | :11:37. | :11:45. | |
13. Jobs data due out later, not expecting great things? About | :11:46. | :11:51. | |
180,000 jobs added in the month, anything over 150,000 will be enough | :11:52. | :11:55. | |
for the Fed to announce in September they will reduce the balance sheet. | :11:56. | :11:59. | |
Why not put your money into the European stock markets? That is | :12:00. | :12:03. | |
where the growth is at the moment Europe as a continent is growing | :12:04. | :12:07. | |
faster than the United States, prices are undervalued, we have seen | :12:08. | :12:11. | |
a fall away in some stock prices over the last three or four months, | :12:12. | :12:14. | |
that is where you will get value? I agree with that. There is more | :12:15. | :12:21. | |
upside here, we have had a bit of a pull-back, quite an attractive | :12:22. | :12:24. | |
buying opportunity because the Eurozone economy is quite broadly | :12:25. | :12:28. | |
across the economy growing quite strongly at somewhere around 2.5%, | :12:29. | :12:33. | |
Spain close to three. Any particular countries? Don't mention Germany | :12:34. | :12:36. | |
because we always talked about Germany, but places interesting in | :12:37. | :12:41. | |
terms of growth prospects? What is interesting is nearly every economy | :12:42. | :12:43. | |
in the year resident is doing well. Even Greece?! Crease less so! We | :12:44. | :12:51. | |
have seen survey data improving in the last month suggesting even Italy | :12:52. | :12:55. | |
is showing signs of acceleration. You mentioned Spain, particularly | :12:56. | :12:59. | |
attractive at the moment? Spain is leading the great story with growth | :13:00. | :13:03. | |
of 3% whereas the rest of the economies are more like 2% so Spain | :13:04. | :13:07. | |
looks pretty positive. And what about the poor old UK? The UK is | :13:08. | :13:14. | |
really the LANguard... Is it really, in a European context? The rest of | :13:15. | :13:18. | |
Europe is growing about twice as fast as the UK, 2.5% in Europe, | :13:19. | :13:29. | |
about 1.2 in the UK, so uncertainty around Brexit really is hurting the | :13:30. | :13:30. | |
UK economy. Thanks very much indeed. We will discuss all of the big | :13:31. | :13:37. | |
stories of the week with our business correspondence including | :13:38. | :13:39. | |
Germany's diesel problems and fair trade chocolate. | :13:40. | :13:40. | |
You're with Business Live from BBC News. | :13:41. | :13:50. | |
Royal Bank of Scotland sees its first half-year | :13:51. | :13:51. | |
It earned ?939 million - that's compared with a ?2 billion | :13:52. | :14:03. | |
Theo Leggett is in our business newsroom. | :14:04. | :14:09. | |
Looking through the numbers, what do you make of it? | :14:10. | :14:14. | |
They are very strong numbers for the first top of this year and I think | :14:15. | :14:19. | |
that reflects what RBS has been doing, which is consolidating its | :14:20. | :14:23. | |
attention on its UK and Ireland -based retail and corporate banking. | :14:24. | :14:28. | |
Trying to focus more on its core businesses. The comparison with last | :14:29. | :14:33. | |
year is a bit misleading because last year, for example, RBS made its | :14:34. | :14:37. | |
final dividend payment to the UK Government, which was more than ?1 | :14:38. | :14:39. | |
billion. It also had a big amount of money set aside | :14:40. | :14:58. | |
for payment protection insurance payment and so on. So there were a | :14:59. | :15:01. | |
lot of one-off items that made the figures seem worse than they were. | :15:02. | :15:09. | |
It is moving its headquarters? It is talking about moving them if it | :15:10. | :15:19. | |
loses its European passport rights of the Brexiter. It already has a | :15:20. | :15:23. | |
Dutch banking licence acquired as its legacy of another purchase in | :15:24. | :15:30. | |
2007. That was the deal that pushed RBS into such trouble and | :15:31. | :15:34. | |
necessitated, eventually a bailout from the UK Government. It wouldn't | :15:35. | :15:38. | |
be radical in terms of jobs, it would mean about 150 jobs would need | :15:39. | :15:42. | |
to be set up in Amsterdam and some would be moved over from London. But | :15:43. | :15:48. | |
in symbolic terms, it would be important. Thank you very much | :15:49. | :15:55. | |
indeed. On the business live page, it is updated throughout the day. | :15:56. | :16:00. | |
There is a story on there now about the Institute of directors, one of | :16:01. | :16:03. | |
the UK's biggest business lobby groups urging the Cabinet to stop | :16:04. | :16:10. | |
bouncing around the edges of Brexit. It is because of the arguments | :16:11. | :16:15. | |
within the Cabinet, apparently had within the Cabinet, about how to | :16:16. | :16:19. | |
smooth the move from the EU two out of the EU, which is commonly known | :16:20. | :16:25. | |
as I understand is Brexit? Indeed, you are not wrong. | :16:26. | :16:30. | |
You're watching Business Live, our top story... | :16:31. | :16:34. | |
Toyota has seen a sharp fall in profits. Partly thanks to big | :16:35. | :16:42. | |
spending on self driving cars and also technology which it hopes will | :16:43. | :16:47. | |
make it the world's bestselling car brand, which is what it used to be. | :16:48. | :16:58. | |
A quick look at how markets are faring... | :16:59. | :17:03. | |
That is what the pound will get you against the dollar. | :17:04. | :17:10. | |
And now let's get the inside track: This week German carmakers have | :17:11. | :17:12. | |
agreed with top politicians to cut harmful emissions by | :17:13. | :17:15. | |
updating software in five million diesel vehicles. | :17:16. | :17:16. | |
And Sterling has fallen sharply against the Dollar and the Euro | :17:17. | :17:19. | |
after The Bank of England downgraded the UK growth forecast | :17:20. | :17:21. | |
for this year and next, warning that the economy | :17:22. | :17:23. | |
Let's get more with our business correspondent Jonty Bloom. | :17:24. | :17:29. | |
Let's start with the Bank of England. A huge amount of | :17:30. | :17:46. | |
information yesterday. Some it all up, what have we learned? We have | :17:47. | :17:53. | |
just heard we want the Cabinet to introduce a transitional arrangement | :17:54. | :17:56. | |
for leaving the EU. The Bank of England was talking about much the | :17:57. | :18:00. | |
same thing, it is Brexit and the uncertainty about Brexit which is | :18:01. | :18:03. | |
damaging the British economy at the moment. That is what the Bank of | :18:04. | :18:10. | |
England is saying. It is happening at the moment? It is saying | :18:11. | :18:15. | |
businesses are not investing at the rate they would expect and it is a | :18:16. | :18:20. | |
benign area. You would expecting companies to be investing more and | :18:21. | :18:23. | |
they art and and it says it is down to uncertainty. The other end, it is | :18:24. | :18:31. | |
looking like less moving towards any rate rises soon, the split is not as | :18:32. | :18:36. | |
sharp as it was? We had one person in favour has just left on the new | :18:37. | :18:43. | |
person who has joined isn't interested in increasing interest | :18:44. | :18:49. | |
rates. Compare that with the rest of the Western world, the ECB is | :18:50. | :18:54. | |
talking about easing off on bond purchases and we're expecting the | :18:55. | :18:57. | |
Fed to do something about that in September. It is already putting | :18:58. | :19:02. | |
interest rate up. But the Bank of England is kicking the can down the | :19:03. | :19:05. | |
road because it is worried about the underlying strength of the economy, | :19:06. | :19:10. | |
it is seen growth, which it says is sluggish and has downgraded the | :19:11. | :19:13. | |
forecast for this year and next. Let's move on cars. They have their | :19:14. | :19:19. | |
backs to the wall and they have to do something about their emissions, | :19:20. | :19:23. | |
but a lot of people saying they are not doing enough? People are | :19:24. | :19:28. | |
comparing it to Nokia. Remember the phone company that dominated the | :19:29. | :19:31. | |
market and was virtually annihilated by the iPhone and new developments. | :19:32. | :19:36. | |
It was the leading company. Mobile phones, everybody wanted a new one | :19:37. | :19:40. | |
every six months every year, every two years and it couldn't keep up | :19:41. | :19:45. | |
and was overtaken by technology. Some said the German car industry is | :19:46. | :19:50. | |
like that. They backed the wrong horse, they went green by backing | :19:51. | :19:54. | |
diesel and then they fiddled the tests to make it look greener and | :19:55. | :19:57. | |
now they have talks with the government out they will crack that. | :19:58. | :20:00. | |
And the new cars we were talking about our electric cards or hybrids. | :20:01. | :20:06. | |
BMW is heavily, all its products will have a electric elements within | :20:07. | :20:12. | |
them? Which is why I think the analogy is wrong, cars last longer | :20:13. | :20:15. | |
and they have put a lot of money and research into this and they will | :20:16. | :20:19. | |
have time. People are still buying petrol and diesel cars, it is not | :20:20. | :20:23. | |
like everyone is going electric. Only 5% of cars are hybrid or | :20:24. | :20:27. | |
electric in the UK at the moment, so they have time to turn it around. | :20:28. | :20:32. | |
Writing of the German car industry is a huge mistake. Want to talk | :20:33. | :20:36. | |
about chocolate, Green Black's dropping the Fairtrade? Yes, big | :20:37. | :20:45. | |
companies often by specialist labels, which are organic fair trade | :20:46. | :20:50. | |
or environmentally friendly, ethical. You have to ask, why do | :20:51. | :20:54. | |
they do that, they have to pay a premium. Look at what has happened | :20:55. | :20:59. | |
now. Green Black's was taken over by Cadburys, that was taken over by | :21:00. | :21:05. | |
craft and now are dropping the Fairtrade label. They had brought | :21:06. | :21:12. | |
their own in, Cocoa life. Yes, it is not Fairtrade but it is ethical. You | :21:13. | :21:16. | |
are paying a premium for something you bought because it is ethical and | :21:17. | :21:20. | |
the brand that built itself up saying it is unlikely. You are | :21:21. | :21:25. | |
taking it over and undermining it. Be pushing the Cocoa life brand to | :21:26. | :21:30. | |
all of the Cadbury stuff. Very large companies think we are being | :21:31. | :21:33. | |
outmanoeuvred by these ethical companies so they buy them at a | :21:34. | :21:38. | |
great price, and people say, it is not ethical any more because it is | :21:39. | :21:43. | |
owned by you. Ben and Jerry 's is like that. Body shop is another one. | :21:44. | :21:48. | |
I didn't know you were quite the Cocoa connoisseur. I wrote the story | :21:49. | :21:49. | |
on the website. Good to see you. Last day, but all eyes were on Rio | :21:50. | :22:16. | |
but some of the real estate they bought remains unsolved. | :22:17. | :23:53. | |
What other business stories? We kick off with washing machines. Instead | :23:54. | :23:59. | |
of using concrete, put them in place and fill the base with water, it | :24:00. | :24:05. | |
seems so obvious? And the top. Because water isn't as heavy as | :24:06. | :24:13. | |
hungry. This is why I work in news and not construction. It is a | :24:14. | :24:18. | |
no-brainer? They will have to be a bit bigger and whether that will be | :24:19. | :24:21. | |
desirable from a consumer perspective. Every invention comes | :24:22. | :24:25. | |
along and it seems obvious in retrospect, but self-service | :24:26. | :24:28. | |
shopping only came around in the last 150 years, prior to that you | :24:29. | :24:34. | |
had to be served by someone. It is a real, why didn't I think of that, | :24:35. | :24:38. | |
story. We have asked people to come up with their own suggestions. One | :24:39. | :24:42. | |
tweet says used shipping containers turning them into affordable homes. | :24:43. | :24:54. | |
Solar power power, if I want to live in a shipping container. Put a bit | :24:55. | :24:57. | |
of air conditioning in, and the window. But the other story which we | :24:58. | :25:11. | |
have, can you get it on the screen. Making Germany environmentally | :25:12. | :25:14. | |
friendly reducing carbon emissions by 80%. 1.4 euros trillion, how will | :25:15. | :25:20. | |
be a fallback? That sounds like a lot, but it is spread out over the | :25:21. | :25:26. | |
next 32 years so it is only 40 billion a year, if you compare that | :25:27. | :25:32. | |
to the German economy, it is about 1.5% of overall GDP, so it is pretty | :25:33. | :25:37. | |
affordable and for the future of the planet, it is money well spent. It | :25:38. | :25:43. | |
is not a black hole, it is being spent, people get it for doing | :25:44. | :25:48. | |
stuff. People will be employed and it will provide some stimulus. I | :25:49. | :25:51. | |
think it is money well spent. Thank you very much. | :25:52. | :25:54. | |
There will be more business news throughout the day | :25:55. | :25:58. | |
on the BBC live webpage and on World Business Report. | :25:59. | :26:10. | |
Hello, good morning and another day of sunny spells and showers is | :26:11. | :26:16. | |
thanks to this area of low pressure which has been | :26:17. | :26:17. |