08/11/2017

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0:00:07 > 0:00:10This is Business Live from BBC News with Sally Bundock

0:00:10 > 0:00:12and Jamie Robertson.

0:00:12 > 0:00:15Scaling the Chinese Wall - will the US President put past trade

0:00:15 > 0:00:17tensions behind him to win the support in America's

0:00:17 > 0:00:18top trade partner?

0:00:18 > 0:00:24Live from London, that's our top story.

0:00:43 > 0:00:50President Trump and the First Lady have just landed in China and they

0:00:50 > 0:00:52have met president Xi.

0:00:52 > 0:00:55The nuclear threat posed by North Korea is dominating

0:00:55 > 0:00:58the agenda but Mr Trump is also expected to take aim at trade

0:00:58 > 0:00:59relations between China and the US.

0:00:59 > 0:01:01Also in the programme.

0:01:01 > 0:01:02Investor's patience snaps - Snapchat is loved by

0:01:02 > 0:01:05teenagers but shares in its owner plunged almost 20% in after losses

0:01:05 > 0:01:07in the struggling app trebled.

0:01:07 > 0:01:11The European trading day is under way. Most of the share markets are

0:01:11 > 0:01:15headed higher. Our markets guest will fill you in on all you need to

0:01:15 > 0:01:16know.

0:01:16 > 0:01:19And we'll get the inside track on the all important

0:01:19 > 0:01:25inflight experience - we've all had a bad or memorable one

0:01:25 > 0:01:29- so how do plane-makers deliver what passenger actually want?

0:01:29 > 0:01:32We will hear from man whose job it is to make the cabin

0:01:32 > 0:01:35a place you'd want to be.

0:01:35 > 0:01:38So today we want to know what's most important to you when you fly?

0:01:38 > 0:01:40Let us know.

0:01:40 > 0:01:49Just use the hashtag #BBCBizLive.

0:01:50 > 0:01:55Hello and welcome to Business Live.

0:01:55 > 0:01:59I will soon be on a long haul flight with three little boys. I don't

0:01:59 > 0:02:04think anyone can help me. I'm dreading it.

0:02:04 > 0:02:07The leaders of two economic powerhouses meet today.

0:02:07 > 0:02:10It was all smiles on the tarmac.

0:02:10 > 0:02:13US President Donald Trump is in Beijing as part of a marathon

0:02:13 > 0:02:16Asia tour and is set to announce billions of dollars

0:02:16 > 0:02:18in deals to address a trade inbalance with China.

0:02:18 > 0:02:21China is America's largest trading partner, but it's a tense

0:02:21 > 0:02:23relationship largely due to a yawning trade gap,

0:02:23 > 0:02:27which means America buys more from China than it sells to it,

0:02:27 > 0:02:32that was nearly $350 billion last year.

0:02:32 > 0:02:38Trump has bolstered his presence with a team of corporate big wigs,

0:02:38 > 0:02:43including bosses of Goldman Sachs, Boeing and energy firm Texas.

0:02:43 > 0:02:47He aims to sign deals that mean China buys more US goods,

0:02:47 > 0:02:50from farming to energy.

0:02:50 > 0:02:54The Trump administration is also threatening to impose import tariffs

0:02:54 > 0:02:59of around 20% on steel from China and other nations, as it tries

0:02:59 > 0:03:07to adress a global glut and protect its domestic industry.

0:03:07 > 0:03:11The US has already imposed preliminary import duties,

0:03:11 > 0:03:19between 97% and 162%, on Chinese aluminium foil,

0:03:19 > 0:03:21saying the goods are being sold at unfair low prices.

0:03:21 > 0:03:24The US is also investigating claims that China has stolen US

0:03:24 > 0:03:29intellectual property, ignoring patent and copyright rules.

0:03:29 > 0:03:33Steve McDonnell is in Beijing.

0:03:33 > 0:03:39Steve, it has been a huge amount of talk about war on this Asia trip.

0:03:39 > 0:03:42War on the Korean peninsula, possibly, you never know and trade

0:03:42 > 0:03:47war with China. What's he been saying? What are the chances the

0:03:47 > 0:03:54idea of trade war with China?Yes, well, of course, the two big

0:03:54 > 0:03:58subjects, you're right are North Korea's nuclear weapons and trade

0:03:58 > 0:04:02relations on this trip to Asia from Donald Trump. Now I think the

0:04:02 > 0:04:05message here, although we haven't heard from him yet is going to be

0:04:05 > 0:04:10similar to what we heard in Japan and South Korea which was that China

0:04:10 > 0:04:15and Japan and South Korea have unfair trade relations when it comes

0:04:15 > 0:04:19to the United States. Now, there is quite some debate about this and as

0:04:19 > 0:04:28we speak, Donald Trump is inside the forbidden city. I guess initially it

0:04:28 > 0:04:31could be pleasantries and the like, but they will be getting down to

0:04:31 > 0:04:36serious talks over the coming two days and what we might expect, when

0:04:36 > 0:04:43the leaders meet, especially in another country, they love to have

0:04:43 > 0:04:49an announceable in diplomatic speak, keep an eye out where it might be an

0:04:49 > 0:04:53announcement about China investing in the US in some way or some sort

0:04:53 > 0:04:58of a deal along those lines because it makes it appear like there is

0:04:58 > 0:05:03some sort of movement on this question of the trade imbalance that

0:05:03 > 0:05:10we were just speaking about.What does the Chinese president want out

0:05:10 > 0:05:15of this, do you think?Well, I think, you know, for him, of course,

0:05:15 > 0:05:19it is the same for Donald Trump, these two countries so need each

0:05:19 > 0:05:23other when it comes to the economy and it's why, you know, they are

0:05:23 > 0:05:27banding together also to try and sort out the problem with North

0:05:27 > 0:05:31Korea's nuclear weapons because China hates destabilisation. It

0:05:31 > 0:05:35wants things to be calm and steady for trade and commerce and relations

0:05:35 > 0:05:40in the region. And that is a threat. So it's also an economic threat when

0:05:40 > 0:05:44they are talking about the pressure that North Korea is bringing to bear

0:05:44 > 0:05:48on other countries and so, yes, I think both countries would like to

0:05:48 > 0:05:52see a much better flow of commerce, but they do have their differences.

0:05:52 > 0:05:56I mean for example, there are all sorts of industries here that

0:05:56 > 0:06:00foreigners, foreign companies cannot invest in. You can't buy a Chinese

0:06:00 > 0:06:04cold mine for example or Chinese steel mill and for many industries,

0:06:04 > 0:06:09unless you're doing it with a sort of co-operation, joint venture with

0:06:09 > 0:06:13the Chinese outfit then you can't do business in China. Other countries

0:06:13 > 0:06:17including the United States are saying that's not fair because we

0:06:17 > 0:06:26let Chinese countries Chinese companies come to our country and

0:06:26 > 0:06:29these are the things that they will be trying to nut out.

0:06:29 > 0:06:33Let's take a look at some of the other stories making the news.

0:06:33 > 0:06:36Shares in the owner of Snapchat have plunged in after hours trading

0:06:36 > 0:06:38after the firm reported losses of more than $400 million

0:06:39 > 0:06:41in the last three months.

0:06:41 > 0:06:44The company struggled to attract new users and had lower

0:06:44 > 0:06:45than expected revenue.

0:06:45 > 0:06:52Snap says it is now working to overhaul the messaging app.

0:06:52 > 0:06:56We will have more in a moment.

0:06:56 > 0:06:59Sky has suggested it is open to shutting down its news channel

0:06:59 > 0:07:01in order to facilitate its takeover by Rupert Murdoch's

0:07:01 > 0:07:0221st Century Fox.

0:07:02 > 0:07:05Fox already owns 39% of Sky, but regulators are investigating

0:07:05 > 0:07:07the deal amid concerns that Mr Murdoch's media empire

0:07:07 > 0:07:17could become too powerful.

0:07:19 > 0:07:22Twitter has doubled its tweet limit to 280 characters in a bid

0:07:22 > 0:07:23to draw in more users.

0:07:23 > 0:07:26The company announced an experiment in September

0:07:26 > 0:07:28which will now be rolled out to users worldwide.

0:07:28 > 0:07:31The decision is part of plans to try and boost engagement

0:07:31 > 0:07:34at the social network.

0:07:38 > 0:07:43Have you done it yet?What?Tweeted more than 140 characters.I think it

0:07:43 > 0:07:50is really important to have that discipline of the 140 or whatever it

0:07:50 > 0:07:56was.I have been waffling like mad. It encourages wafflers. They say

0:07:56 > 0:07:58teenagers have become better at writing because they are more

0:07:58 > 0:08:10concise. They put likes like U. Never mind, that's just carping. I

0:08:10 > 0:08:13wanted the picture of groundhog.You are going to have to explain why it

0:08:13 > 0:08:19is there.It is Groundhog Day for marks and spender. We will be

0:08:19 > 0:08:23talking about M&S more in a while.

0:08:23 > 0:08:26Nissan has lowered its annual profit forecast by almost 6%

0:08:26 > 0:08:28after a certification scandal forced it to recall more than

0:08:28 > 0:08:31a million vehicles.

0:08:31 > 0:08:36The Japanese car-maker revealed last month that unqualified technicians

0:08:36 > 0:08:39had been carrying out the inspections of vehicles for decades.

0:08:39 > 0:08:43Leisha Santorelli is in Singapore.

0:08:43 > 0:08:48Tell us more about Nissan? Well, Sally, this is a poor result

0:08:48 > 0:08:55for Nissan given its biggest rivals Honda and Toyota just raised their

0:08:55 > 0:09:00profit outlooks when they reported this. Is due to several reasons,

0:09:00 > 0:09:05sales in the US has not been doing well. Nissan had to make

0:09:05 > 0:09:10compensation payments in the US for cases by the faulty airbags. The

0:09:10 > 0:09:16biggest reason has to do with the certification scandal, Nissan was

0:09:16 > 0:09:20forced to stop production for nearly a month and six factories produce

0:09:20 > 0:09:24about 1,000 cars a day for the Japanese market. That really hit the

0:09:24 > 0:09:31deliveries in October. So reputationly, this is very damaging

0:09:31 > 0:09:35to Nissan's new chief executive officer who took over in April and

0:09:35 > 0:09:40he promised to get to the bottom of the mess, but the good news is

0:09:40 > 0:09:44analysts believe the certification scandal at Nissan will only have a

0:09:44 > 0:09:50temporary impact on earnings so the outlook past this next financial

0:09:50 > 0:09:55year maybe brighter since we have a weakening yen.

0:09:55 > 0:10:01Toyota doing well today on markets. Its shares up 1%. Japan as well

0:10:01 > 0:10:05closing up on the day, 23 points. Nothing too dramatic, but a slight

0:10:05 > 0:10:09increase, but you can see across Asia, it was a mixed day, if not a

0:10:09 > 0:10:16flat day. Let's look at Europe now. Marks & Spencer. Their pre-tax

0:10:16 > 0:10:22profits down by 5.3%. The news that their chief financial officer Helen

0:10:22 > 0:10:26Weir is going. We are not sure why she is going, but a lot of changes

0:10:26 > 0:10:34at the top with the Director of Clothing at MAS gone. M&S shares

0:10:34 > 0:10:39flat, but markets headed slightly up. We will talk more on markets.

0:10:39 > 0:10:55Here is more detail on Snapchat. Here's Samira.

0:10:55 > 0:10:58Snapchat had its best day nine months ago back in March,

0:10:58 > 0:11:00when it first started trading on the New York Stock Exchange.

0:11:00 > 0:11:03Its share price skyrocketed that day by 44%, but since then it's

0:11:03 > 0:11:04been a steady decline.

0:11:04 > 0:11:07The business is not growing the way investors had hoped.

0:11:07 > 0:11:09This past quarter, Snapchat's daily active users only grew by 17%.

0:11:09 > 0:11:13They are facing some stiff competition from

0:11:13 > 0:11:15Facebook-owned Instagram.

0:11:15 > 0:11:16Another big setback has been advertising.

0:11:16 > 0:11:19Smaller advertisers still haven't figured out how, or even why,

0:11:19 > 0:11:22they should advertise on Snapchat.

0:11:22 > 0:11:24Now, compare that to Facebook, which made $10 billion

0:11:24 > 0:11:31from advertising in just the last quarter.

0:11:31 > 0:11:35Snap execs have asked for patience from investors,

0:11:35 > 0:11:38but just how long will they wait before jumping ship?

0:11:38 > 0:11:40Time could be running out for the little app that was built

0:11:40 > 0:11:48just five years ago by a couple of kids in college.

0:11:48 > 0:11:53Joining us is Lawrence Gosling, editor in chief of Investment Week.

0:11:53 > 0:12:00Good morning.Good morning. It looks like a bit of a disaster. I have to

0:12:00 > 0:12:03say. Talking about Twitter increasing the number of characters

0:12:03 > 0:12:07as well, the pressure on Snapchat looks humongous to me and difficult

0:12:07 > 0:12:11to see how they can innovate their way out of this problem. Their

0:12:11 > 0:12:15losses are getting bigger. Market is giving up hope on them and more

0:12:15 > 0:12:19importantly, they are not attracting as many users. My children don't

0:12:19 > 0:12:23talk about it very much anymore.Is that because they are snapping and

0:12:23 > 0:12:29not talking to you?No, they are definitely talking to me! They are

0:12:29 > 0:12:32using different platforms to communicate with their friends.

0:12:32 > 0:12:37Doesn't it emphasise the difficulty you have now, coming under the radar

0:12:37 > 0:12:42and trying to get a place in this market which is so dominated by the

0:12:42 > 0:12:46Facebooks and the Googles and the Twitters?You have got to come in

0:12:46 > 0:12:49with something that's truly disruptive and something...Then

0:12:49 > 0:12:54they just buy you out or copy you? It is easy.Facebook tried to buy

0:12:54 > 0:12:58them.If you are a big company, it is easier to buy it or copy t it is

0:12:58 > 0:13:02cheaper to copy in reality particularly if you are buying a

0:13:02 > 0:13:07business with $400 million of losses.M&S...Yes.A lot going on

0:13:07 > 0:13:15there. The CFO, the Director of Clothing has gone and profits going

0:13:15 > 0:13:18down and margins squeezed. It is really difficult?It is a bit like

0:13:18 > 0:13:22Snapchat, a horrible place to be. New chairman, Archie Norman who has

0:13:22 > 0:13:25a great reputation for turning businesses around, so not too much

0:13:25 > 0:13:29of a surprise to see senior people going, but the bottom line is, their

0:13:29 > 0:13:32clothing offering is not one that's universally popular. They have kind

0:13:32 > 0:13:36of lost focus.But the money they make on their food has been really

0:13:36 > 0:13:40squeezed?That's the lesson of the rest of the food retailers, the

0:13:40 > 0:13:44Tescos etcetera.Laurence, stay there, because we are going to talk

0:13:44 > 0:13:48about the papers in a while. See you in a second.

0:13:48 > 0:13:49Still to come.

0:13:49 > 0:13:52What's most important to you when you board an aiplane,

0:13:52 > 0:13:55being on time, comfortable seat or access to the internet?

0:13:55 > 0:14:00One viewer says legroom.Someone else said landing!

0:14:00 > 0:14:03We ask the head of cabin services at Airbus about the future of flying.

0:14:03 > 0:14:06You're with Business Live from BBC News.

0:14:14 > 0:14:17And in the last hour Marks and Spencer has

0:14:17 > 0:14:19revealed its half-year results.

0:14:19 > 0:14:23It used to be the darling of the high street. It had a tough

0:14:23 > 0:14:33half-year.S Pre-tax down 5.3%. News that the retailer's chief financial

0:14:33 > 0:14:37officer, Helen Weir is stepping down.

0:14:37 > 0:14:39Mike Ingram is the Chief Market Strategist for WH Ireland.

0:14:39 > 0:14:41He joins us now from our newsroom.

0:14:41 > 0:14:44There seems to be a lot of things going on at the top of the

0:14:44 > 0:14:49management. Is that a problem?Yes, potentially because of course, the

0:14:49 > 0:14:52business faces a lot of challenges. The results that you mentioned

0:14:52 > 0:14:57weren't as bad as the market expectation. We were perhaps looking

0:14:57 > 0:15:02for a 10% decline in profitability, it was down 5.3% better like for

0:15:02 > 0:15:08likes in food and clothing, but at the end of the day, costing

0:15:08 > 0:15:10pressures remain intense particularly on the food business.

0:15:10 > 0:15:14Having spoken to the company a little bit earlier on this morning,

0:15:14 > 0:15:19they are actually seem to be throttling back on this huge Simply

0:15:19 > 0:15:23Food roll-out which they were projecting only 12 months ago, again

0:15:23 > 0:15:27showing that the pricing environment isn't favourable. Yes, the clothing

0:15:27 > 0:15:32margins came back somewhat. We were expecting a 2% decline in like for

0:15:32 > 0:15:38likes. Is that going to be sustain? The Director of Clothing and beauty

0:15:38 > 0:15:46left after #13407b9s 10 months and it is the former Chief Executive of

0:15:46 > 0:15:51Halfords who is in charge of that business now.

0:15:51 > 0:15:56What do you think the outlook is like? We've got all that change as

0:15:56 > 0:15:59you've just mentioned. Stephen Roe the boss has come up with his

0:15:59 > 0:16:04five-year plan. We've got the recent introduction of Archie Norman.

0:16:04 > 0:16:13What's your outlook that M and S? When Steve Rowe unveiled his

0:16:13 > 0:16:22turnaround plan about five months ago he described it as fixed

0:16:22 > 0:16:29stabilise and grow. We were still firmly in that fix stage. These

0:16:29 > 0:16:33results are rather better. But it's very clear that they are scaling

0:16:33 > 0:16:38back on food and they need to accelerate the clothing reduction.

0:16:38 > 0:16:47Thank you. Sorry to interrupt you. Mike Ingram from WH Ireland. The

0:16:47 > 0:16:55energy company SSE says it is going to merge with NPower.

0:16:55 > 0:17:00You're watching Business Live - our top story.

0:17:00 > 0:17:06It is President Trump and the first Lady. They have arrived in Beijing.

0:17:06 > 0:17:10They've met President Xi. Of course the agenda is pretty packed. North

0:17:10 > 0:17:14Korea will dominate but trade is also firmly on President Trump's

0:17:14 > 0:17:15agenda.

0:17:15 > 0:17:19A quick look at how markets are faring.

0:17:19 > 0:17:26The European markets started just up but not a huge amount.

0:17:37 > 0:17:39And now let's get the inside track on airplane cabins.

0:17:39 > 0:17:42The industry is working hard to improve the limited cabin

0:17:42 > 0:17:44space, at least in first and business class.

0:17:44 > 0:17:46So, what do you see as the most important areas for improvement?

0:17:47 > 0:17:49A more comfortable seat?

0:17:49 > 0:17:52Or is a great view your thing and you want bigger windows?

0:17:52 > 0:17:59Or is it all about inflight entertainment and connectivity

0:17:59 > 0:18:02To get an insider's view Ben met up with Airbus' Vice President

0:18:02 > 0:18:12for Cabin Marketing, Ingo Wuggetzer.

0:18:15 > 0:18:18what we find out in market research is they want the same product and

0:18:18 > 0:18:22services like they have on the ground.There should be a seamless

0:18:22 > 0:18:29transition if you are at home, at work or on an aircraft. It should be

0:18:29 > 0:18:33the same experience, maybe even better.Are we seeing the days of

0:18:33 > 0:18:37getting on a plane where you were out of contact for eight hours or 12

0:18:37 > 0:18:40hours, where you couldn't work particularly productively, you went

0:18:40 > 0:18:46in contact with the office or friends or family, those days are

0:18:46 > 0:18:50now over?I think that's the choice of the passenger. It really depends.

0:18:50 > 0:18:59If you can sleep, maybe you would prefer that service. If you cannot

0:18:59 > 0:19:04sleep, and I think 90% of passengers are still flying economy. They use

0:19:04 > 0:19:12in-flight entertainment or a connectivity system to make their

0:19:12 > 0:19:15travel very individual, using those applications they use at home.What

0:19:15 > 0:19:22other things that are holding back innovation as far as the airline

0:19:22 > 0:19:26passenger experience is concerned? There is some limitation on the

0:19:26 > 0:19:29technical side. You have to use some satellites so the bandwidth might be

0:19:29 > 0:19:40not enough, not fast enough to serve 600 passengers on an aircraft for

0:19:40 > 0:19:43streaming applications and so one. When you are considering what you

0:19:43 > 0:19:47put on your next aircraft, how do you make those decisions? By the

0:19:47 > 0:19:51time you've got those aircraft in service, the technology has already

0:19:51 > 0:19:56changed.Exactly. The software is a lot faster than hardware. That's why

0:19:56 > 0:20:01we approached our last aircraft as a modular platform. That makes it a

0:20:01 > 0:20:12lot easier to cope with. You can upgrade it.Is there a danger that

0:20:12 > 0:20:15this innovation stalls? Airline simply can't afford to put things on

0:20:15 > 0:20:21board any more.Anything you talk about aircraft, it's always

0:20:21 > 0:20:26expensive. You have to provide a certain safety level. That is still

0:20:26 > 0:20:30something that people want.Paint a picture of what air travel will look

0:20:30 > 0:20:36like five years from now.In terms of the cabin, I think we find the

0:20:36 > 0:20:43same structure but a higher segmentation. People have the same

0:20:43 > 0:20:48tube but the segmentation in the aircraft will change. We'll probably

0:20:48 > 0:20:54find up to six different classes or zones, whatever you call it. You can

0:20:54 > 0:20:57select a tailor-made product for different market needs. This is a

0:20:57 > 0:21:04strong trend that we've seen. In terms of connectivity, I think it

0:21:04 > 0:21:08will become really seamless. Everybody can use their phone easily

0:21:08 > 0:21:15and will connect automatically. We also find a lot of opportunities in

0:21:15 > 0:21:18modern cabins to customise your experience. You will have a lot of

0:21:18 > 0:21:23LED lighting that will create a spaciousness but also customised

0:21:23 > 0:21:35mood experience.Tell me about ten, 15, 20 years. What are you working

0:21:35 > 0:21:39on now that will take that amount of time but you've already got an idea

0:21:39 > 0:21:47of how it will look?My future vision, for future travel, to be

0:21:47 > 0:21:50honest, so you are sitting in an aircraft that has a transparent

0:21:50 > 0:21:55skin. You can look outside, enjoy the space around you, feel great

0:21:55 > 0:22:01about that, and then have a seat that moves with your body. That's

0:22:01 > 0:22:07the most comfortable seat you can get. You can also get some help

0:22:07 > 0:22:14treatment on the trip so you can arrive healthier than you started.

0:22:14 > 0:22:20That was the Airbuses vice president talking and we asked you what was

0:22:20 > 0:22:29most important to you when you're on a plane.Ben says non-reclining

0:22:29 > 0:22:37seats and power sockets.Somebody said simply landing, getting there.

0:22:37 > 0:22:45Window seat...Where do you normally sit? I'm always near the toilet and

0:22:45 > 0:22:51it's always smelly.I was near the door. They tell you that you have to

0:22:51 > 0:23:02help out if gate-crash!How did you get a seat near the door?I've got

0:23:02 > 0:23:07long legs!We need Aaron, you always sits at the front I'm sure of it. We

0:23:07 > 0:23:11are going to talk about this story which is interesting to us being in

0:23:11 > 0:23:17the world of telly. Sky threatening to close at Sky News if the fox deal

0:23:17 > 0:23:23is blocked. I feel like this has been going on forever. Sky's

0:23:23 > 0:23:27attempts to get full ownership of the company.It has and it feels

0:23:27 > 0:23:32like they are chucking the kitchen sink into making the market

0:23:32 > 0:23:35authority feel comfortable with the deal. I suspect Sky News doesn't

0:23:35 > 0:23:41make much money for Sky. From a commercial perspective it would

0:23:41 > 0:23:46probably work but that's not good for viewers in the UK looking for a

0:23:46 > 0:23:50wider set of news channels.He says get rid of it, close it down. He's

0:23:50 > 0:23:54not going to sell it off which would be different. It is a threat to the

0:23:54 > 0:23:59UK is saying you're going to have one less major news channel.Yes,

0:23:59 > 0:24:04and the criticism against Sky is always that they have too much

0:24:04 > 0:24:08monopolistic media power. Take away a news channel and arguably other

0:24:08 > 0:24:15organisations fill that void.Just to give our international viewers

0:24:15 > 0:24:19perspective on this, they may not realise to what extent this

0:24:19 > 0:24:24organisation dominates the media in the UK. It's not just broadcast but

0:24:24 > 0:24:36it's also many print, but then that has reduced.Yes. Obviously the News

0:24:36 > 0:24:41of the World is no longer. It is a big organisation. The football right

0:24:41 > 0:24:47through the Premier League has grown through Sky's distribution of it.

0:24:47 > 0:24:50It's an incredibly important company.And their political

0:24:50 > 0:24:53influence through print newspapers is a lot less than it used to be.

0:24:53 > 0:24:57Absolutely, because the world is going more digital. Some of their

0:24:57 > 0:25:02print titles haven't transition does well.You could argue that they

0:25:02 > 0:25:10having kept pace in the digital world.No, because it is a difficult

0:25:10 > 0:25:13migration to take a classic newspaper reader over to the digital

0:25:13 > 0:25:18world.When you're on a plane, the most important thing?Decent

0:25:18 > 0:25:22lighting so I can read. Also I would be with the number climbing feats

0:25:22 > 0:25:25because it's the bane of my life when someone pushes the seat right

0:25:25 > 0:25:32back.You can recline your stock macularNottage lost that right at

0:25:32 > 0:25:46the back!LAUGHTER-- not if you're sitting right at the back.There's

0:25:46 > 0:25:49nothing worse than spending however many hours with your knees up by

0:25:49 > 0:25:59your chest! Thank you for coming in.

0:25:59 > 0:26:00Thank you for your comments.