0:00:00 > 0:00:05Airbus signs a $49.5 billion contract to supply 430 aircraft.
0:00:05 > 0:00:07Live from London, that's our top story on Wednesday, 15th November.
0:00:19 > 0:00:22The deal marks a dramatic turnaround for Airbus as it battles
0:00:22 > 0:00:24for supremacy with its arch rival, Boeing.
0:00:24 > 0:00:31We'll assess what's at stake.
0:00:31 > 0:00:32Also in the programme, Japan's economy grows
0:00:33 > 0:00:34faster than expected.
0:00:34 > 0:00:38We'll cross to our Asia business hub for the latest.
0:00:38 > 0:00:42This is how the European indexes look at the start of the trading
0:00:42 > 0:00:45day. All of them down a fair amount, tracking losses in Asia overnight,
0:00:45 > 0:00:48David.
0:00:48 > 0:00:51Office revolution - we'll talk to the man who thinks getting
0:00:51 > 0:00:59you to stand up at work could be the key to better health.
0:00:59 > 0:01:03Take away coffee, eating out, cinema treats, we want to know what
0:01:03 > 0:01:09luxuries have you cut out to save money?
0:01:09 > 0:01:10Let us know.
0:01:10 > 0:01:16Just use the hashtag BBCBizLive.
0:01:16 > 0:01:23Hello and welcome to Business Live.
0:01:23 > 0:01:27We will get to the environmental summit in Bonn in a minute
0:01:27 > 0:01:32but we want to bring you some breaking news from Zimbabwe.
0:01:32 > 0:01:35Explosions and gunfire have were heard overnight
0:01:35 > 0:01:37in the capital, Harare.
0:01:37 > 0:01:41Military vehicles appear to be on the streets,
0:01:41 > 0:01:46but for now the situation remains confused.
0:01:46 > 0:01:48There are even reports that the Finance Minister is amongst
0:01:48 > 0:01:53many people detained.
0:01:53 > 0:01:57The Army denied this is a coup. It hasn't used that phrase. It says it
0:01:57 > 0:02:03is targeting criminal elements. So it is trying to restore order. It
0:02:03 > 0:02:07has taken over the crucial TV station there. One of the main TV
0:02:07 > 0:02:10stations and read out a statement, but they are trying to reassure
0:02:10 > 0:02:15people, they said that the president, they describe him as
0:02:15 > 0:02:19their excellency, the President Robert Mugabe is safe and well. We
0:02:19 > 0:02:30will keep across that and we can get the latest from our correspondent.
0:02:30 > 0:02:36Milton Nkosi in Johannesburg.
0:02:36 > 0:02:46What we know is that the Zimbabwean capital is quiet, but tense. There
0:02:46 > 0:02:49are troops in particular key areas. They are guarding government
0:02:49 > 0:02:54buildings and the Parliament and there are reports that there are
0:02:54 > 0:03:00troops guarding President Mugabe's residence. We also know that the
0:03:00 > 0:03:06Army made an announcement at 4am local time this morning and they've
0:03:06 > 0:03:12taken over the Zimbabwe broadcasting corporation building. And explained
0:03:12 > 0:03:15quite clearly that this is not a coup and that the president is safe
0:03:15 > 0:03:24and sound together with his family. Milton, this follows some rather
0:03:24 > 0:03:31turbulent political movements in Zimbabwe. We saw the Vice-President
0:03:31 > 0:03:34sensationally sacked suddenly, he is a long time ally of President Mugabe
0:03:34 > 0:03:39and what looked like the positioning of his wife, Grace Mugabe, as about
0:03:39 > 0:03:45to take on the role of Vice-President, possibly of
0:03:45 > 0:03:51potential successor to the 93-year-old Mugabe?Yes, you are
0:03:51 > 0:03:55correct. This seems to be the trigger of what we have been
0:03:55 > 0:04:00witnessing in Zimbabwe in the last 24 hours or so is the idea that
0:04:00 > 0:04:07there was some sort of system of paving the way for President Robert
0:04:07 > 0:04:12Mugabe's wife, Grace, to take over as Vice-President and eventually as
0:04:12 > 0:04:19head of state and a lot of the people in the army, who fought in
0:04:19 > 0:04:26the liberation struggle against white men in order to rule under
0:04:26 > 0:04:33Rudisha, feel like a person like the sacked Vice-President, being sacked,
0:04:33 > 0:04:38is redressing those gains that they made in the liberation struggle.
0:04:38 > 0:04:46Milton, thank you. Apologies for the quality of the sound on the line.
0:04:46 > 0:04:50There's also some breaking news in the aviation industry.
0:04:50 > 0:04:53Airbus has just signed a deal worth $50 billion to supply 430 jets
0:04:53 > 0:04:55to an investment company.
0:04:55 > 0:04:58It's a huge boost for Airbus which has been struggling
0:04:58 > 0:05:01against its great rival Boeing.
0:05:01 > 0:05:05Theo Leggett has joined me.
0:05:05 > 0:05:09To say it's huge it almost an under statement. It is as big a deal as we
0:05:09 > 0:05:14have seen?In terms of lifts prices it is the biggest order Airbus has
0:05:14 > 0:05:21taken in. Airbus likes to save up its orders for the air shows and the
0:05:21 > 0:05:29Dubai airshow is under way. This is an order for A320s and A321s. They
0:05:29 > 0:05:35are the work horses of the airlines fleet, they are used by budget
0:05:35 > 0:05:39airlines. It is the most recent and efficient model and it is very, very
0:05:39 > 0:05:42important and it helps Airbus get over one thing which is at the same
0:05:42 > 0:05:46time as these aircraft are selling very well, it has not yet managed to
0:05:46 > 0:05:52get a new order for its A380 superjumbo which it was hoping to do
0:05:52 > 0:05:56at Dubai.A side track from a problematic story. Good for Airbus.
0:05:56 > 0:06:01Where are they all going? They are not being bought up by an airline as
0:06:01 > 0:06:06such?No, they are bought up by an investment company which will lease
0:06:06 > 0:06:10them to airlines. The order will be distributed between four airlines,
0:06:10 > 0:06:14so they are aimed at the budget sector. What is interesting here
0:06:14 > 0:06:17though is that Airbus already does have a very big backlog of jet
0:06:17 > 0:06:23orders. It didn't necessarily need to get new orders in the can except
0:06:23 > 0:06:26for reasons of prestige and we will have to wait and see whether the
0:06:26 > 0:06:29size of its backlog now, its back order book, which is over 6,000,
0:06:29 > 0:06:32causes it any problems in the future.You have to imagine, Theo,
0:06:32 > 0:06:37if you're going to shift 400 plus aeroplanes, someone is going to get
0:06:37 > 0:06:40a good discount out of this?We have this headline price of $50 billion.
0:06:40 > 0:06:44In fact, it will be substantially below that because of the size of
0:06:44 > 0:06:49the order. So, often when we get the orders, they are not actually at
0:06:49 > 0:06:53list prices.OK, Theo, thank you very much indeed.
0:06:54 > 0:06:57Let's take a look at some of the other stories making the news.
0:06:57 > 0:07:02The Venezuelan government says it has begun repaying interest
0:07:02 > 0:07:04on its foreign debt after two major credit ratings agencies said
0:07:04 > 0:07:08the country had partially defaulted.
0:07:08 > 0:07:10In a televised address, the communications minister
0:07:10 > 0:07:12Jorge Rodriguez also said the government is renegotiating
0:07:12 > 0:07:17all of its foreign debt.
0:07:17 > 0:07:21Taiwan's Foxconn, the world's largest contract electronics
0:07:21 > 0:07:25manufacturer, saw quarterly profit slide 39% - a result
0:07:25 > 0:07:29far below estimates.
0:07:29 > 0:07:30It's been widely attributed to production issues
0:07:30 > 0:07:32for Apple's iPhone X.
0:07:32 > 0:07:34The product has been a success, but has faced a string
0:07:34 > 0:07:42of production hurdles centered on new technologies and features.
0:07:42 > 0:07:45Japan's economy has logged its longest period of growth
0:07:45 > 0:07:51in more than a decade.
0:07:51 > 0:07:54Data out this morning shows the world's third largest
0:07:54 > 0:07:55economy posting yet another quarter of gains.
0:07:55 > 0:08:00Leisha Santorelli is in Singapore.
0:08:00 > 0:08:05So, some pleasant surprises there. Was it what was expected?It was
0:08:05 > 0:08:10better than expected, Benl. So seven straight quarters of economic growth
0:08:10 > 0:08:14is an impressive feat not just for the Japanese government, but for
0:08:14 > 0:08:20analysts. A lot of the credit goes to Prime Minister Shinzo Abe. Let's
0:08:20 > 0:08:25recap the numbers. Preliminary GDP rose by an annualised rate of 1.4%
0:08:25 > 0:08:29in the third quarter which as I said beat market forecasts and this was
0:08:29 > 0:08:36due to a big jump in exports. Now, this has to do with the weakening
0:08:36 > 0:08:39Japanese yen and there is greater demand from overseas of Japanese
0:08:39 > 0:08:42made cars and machinery and other goods. There was a negative point
0:08:42 > 0:08:47from today's data and that was the fact that consumers spending fell,
0:08:47 > 0:08:50but Japan's economy minister said this was due to the effects of bad
0:08:50 > 0:08:55weather. So it is probably just a seasonal blip. Looking forward
0:08:55 > 0:08:59though, Japan's economy does face serious structural problems. This
0:08:59 > 0:09:02includes a rapidly ageing and shrinking population and so all eyes
0:09:02 > 0:09:07are now on how Mr Abe and his government plan to say tackle that
0:09:07 > 0:09:11and he is expected to unveil a multi-trillion yen economic stimulus
0:09:11 > 0:09:21package by the end of the year. Thank you very much.
0:09:21 > 0:09:25Asian stocks tumbled on Wednesday after a weaker crude oil price took
0:09:25 > 0:09:29a toll on Wall Street. They tracked the losses. The euro kept big gains
0:09:29 > 0:09:33after enjoying a boost from some robust economic growth data out of
0:09:33 > 0:09:39Germany. A batch of data from China, that is Australia's biggest export
0:09:39 > 0:09:43market, showed the economy cooled further with industrial output,
0:09:43 > 0:09:48fixed asset investment and retail sales missing expectations. You can
0:09:48 > 0:09:55see the impabt of that. All three major stock indexes dipped on
0:09:55 > 0:10:01Tuesday. As Again Electric plunged for a second straight day.
0:10:01 > 0:10:04And Samira Hussain has the details about what's ahead
0:10:04 > 0:10:06on Wall Street Today.
0:10:06 > 0:10:09On Wednesday the US Labour depth will report on the growth of
0:10:09 > 0:10:12consumer prices in October. Economists expect that consumer
0:10:12 > 0:10:18prices will have moved up 0.2% compared to 0.1% in September. Now,
0:10:18 > 0:10:24these numbers known as CPI is a qe measure of inflation. Two companies
0:10:24 > 0:10:27reporting earnings that are worth mentioning. Sisco Systems will
0:10:27 > 0:10:32report a fall in revenue. Now it is being hurt by continuing declines in
0:10:32 > 0:10:37its traditional business of making switches and routers and Target will
0:10:37 > 0:10:41likely report a boost in sales as the retailer has been launching
0:10:41 > 0:10:44private label brands ahead of the holiday season. In investors will
0:10:44 > 0:10:50have a keen ear for any news on sales going forward as the company
0:10:50 > 0:10:56faces fierce price competition.
0:10:56 > 0:10:59Joining us is David Buik from Panmure Gordon.
0:10:59 > 0:11:05A lot of data out today, European and British.Following through more
0:11:05 > 0:11:09from yesterday we had the inflation number coming in and confirm at 3%
0:11:09 > 0:11:12with some sort of confirmation that's about the top of it because
0:11:12 > 0:11:16when the value of the pound against the dollar fell from 150 at the
0:11:16 > 0:11:20stroke of a pen or a heartbeat on 23rd June last year down to 125, it
0:11:20 > 0:11:24was going to take some months before inflation come up from 0.5% which is
0:11:24 > 0:11:30where it was then to 3%. We genuinely believe that now this is
0:11:30 > 0:11:33ironed through and we seem to have found a level of 130 against the
0:11:33 > 0:11:36dollar and whether that can be maintained with the political
0:11:36 > 0:11:39weakness of the Government remains to be seen. If it can, the general
0:11:39 > 0:11:47feeling is that inflation will be nearer 2% than 3% than by the middle
0:11:47 > 0:11:53of 2018. What came in which was unhelpful in terms of the UK economy
0:11:53 > 0:11:59was growth rates. Europe is really flying, 2.5% against the United
0:11:59 > 0:12:04States at 2.3%. And the UK at 1.5%. The UK is down in my opinion through
0:12:04 > 0:12:07lack of confidence and lack of investment as a result of Brexit
0:12:07 > 0:12:10obviously. And also the fact that we have a very weak government that
0:12:10 > 0:12:14seems to be having some problems organising things in a manner that
0:12:14 > 0:12:18brings things to a sensible conclusion. What's driven it very
0:12:18 > 0:12:25well, of course, is Germany which is up 0.8% and that on an annualised
0:12:25 > 0:12:30rate was 3.5% and France and Italy doing very well, whereas we seem to
0:12:30 > 0:12:34be languishing.David, thank you very much indeed.
0:12:34 > 0:12:37Still to come, is standing up in the office the key
0:12:37 > 0:12:39to better workplace health?
0:12:39 > 0:12:42We'll talk to the man who thinks the answer is yes.
0:12:42 > 0:12:45You're with Business Live from BBC News.
0:12:53 > 0:12:56House-builder Barratt has given a first-quarter update on the back
0:12:56 > 0:12:59of mostly positive recent reports from its rivals.
0:12:59 > 0:13:01Let's get more from our business correspondent Theo Leggett.
0:13:05 > 0:13:09Let's get more from Philip Hampshire. How are they doing?They
0:13:09 > 0:13:13are doing well. They have seen an 8.4% rise in their sales come
0:13:13 > 0:13:17through, that's a significant lift for them. It takes them to £2.88
0:13:17 > 0:13:22billion worth of sales, Barratt Homes, of course, is one of the
0:13:22 > 0:13:27national based developers. They are not one the regional based companies
0:13:27 > 0:13:31based in London like Barclay Homes so they have managed to escape the
0:13:31 > 0:13:37slowdown there have been in sales within the metropolitan district by
0:13:37 > 0:13:39spreading themselves nationally around the country. They are
0:13:39 > 0:13:43concentrated in the lower end and the mid-end of the market place and
0:13:43 > 0:13:47where we have seen a cooling off in the UK housing market is in
0:13:47 > 0:13:50extremely high value properties, anything worth over £1.5 million.
0:13:50 > 0:13:55So, Barratt really seems to have managed to have threaded the needle
0:13:55 > 0:13:59here.Philip, how are the markets taking this?Well, the markets don't
0:13:59 > 0:14:03seem to be taking it so well. It is very early days right now. If we
0:14:03 > 0:14:06have a look at this. This is the share price of Barratt over the
0:14:06 > 0:14:10course of the last three days. You can see that they had a light up
0:14:10 > 0:14:14come through to where the earnings came out, but in the early part of
0:14:14 > 0:14:21trading so far, they are down by 1%, taking their shares to 6.21.5, that
0:14:21 > 0:14:25does belie the picture course of the last 12 months. If you look back
0:14:25 > 0:14:28over the last year, you would have have seen Barratt Homes share price
0:14:28 > 0:14:33up by 33%. People have been talking about the prospect of a bubble, of
0:14:33 > 0:14:36there being too much money in the British housing market for many,
0:14:36 > 0:14:40many years now. So you might be surprised to see home builders have
0:14:40 > 0:14:43gone some of the best performing stocks in the market place over the
0:14:43 > 0:14:46course of the last 12 months and Barratt has been no exception to
0:14:46 > 0:14:50that rule. Philip, thank you very much. Philip
0:14:50 > 0:14:52Hampshire for us in our business newsroom.
0:14:52 > 0:14:56There is more on all the stories on our Business Live page. It is
0:14:56 > 0:14:59updated throughout the day. On there right now, a couple of stories to
0:14:59 > 0:15:04pick out. TalkTalk falls into the red during the six months to 30th
0:15:04 > 0:15:11September. It reporteded a pre-tax loss of £75 million, that's compared
0:15:11 > 0:15:23to a profit last year. It seems Angel Delight is back in fashion! It
0:15:23 > 0:15:33helped Premier Foods rise.
0:15:33 > 0:15:36You're watching Business Live - a record-breaking deal is announced
0:15:36 > 0:15:37in the aviation industry.
0:15:37 > 0:15:39Airbus signs a record-breaking deal worth $50 billion
0:15:39 > 0:15:46to supply 430 aircraft.
0:15:46 > 0:15:53Is sitting really the new smoking?
0:15:53 > 0:15:57Spending too much time on our posteriors has been described
0:15:57 > 0:15:59by some as a disease - encouraging sedentary lifestyle
0:15:59 > 0:16:04habits which cause poor health.
0:16:04 > 0:16:06In fact, it's been suggested that 3.2 million people each year die
0:16:06 > 0:16:07because of physical inactivity.
0:16:07 > 0:16:10One area of focus has been our working spaces.
0:16:10 > 0:16:16Sales of so-called standing desks have soared -
0:16:16 > 0:16:18and are projected to reach $2.8 billion by 2025.
0:16:18 > 0:16:20But the research is far from clear.
0:16:20 > 0:16:22One study analysed the amount of time people spent sitting -
0:16:22 > 0:16:28and found it didn't make death more likely.
0:16:28 > 0:16:31Joining us now is Pete Segar, the boss of Ergotron.
0:16:31 > 0:16:41His company designs and builds sit-stand desks.
0:16:46 > 0:16:50You're not exactly a Johnny come lately, either. We are hearing about
0:16:50 > 0:16:57it now but you have been around a while?That's right. We were founded
0:16:57 > 0:17:02in 1982 by a gentleman named Harry. He was a salesman and he had
0:17:02 > 0:17:06actually sold the first electronic reservation systems to American
0:17:06 > 0:17:12Airlines. He went into his account and he found employees hunched over
0:17:12 > 0:17:16their computers developing back injuries and neck injuries and
0:17:16 > 0:17:19duplicate nice it is a fundamental problem with computers. They're not
0:17:19 > 0:17:29made for the human body and he founded the company as a result. We
0:17:29 > 0:17:33have broadened it to all elements of health and productivity for computer
0:17:33 > 0:17:39users.Some people will say this is a bit of a fad and people way will
0:17:39 > 0:17:45say things like it will come and go and then we will revert to what we
0:17:45 > 0:17:50have been used to - are you seeing that at all that people try them and
0:17:50 > 0:17:54then always use them in the seating position perhaps?You know, there's
0:17:54 > 0:18:01different levels of adaption by people who get these desks. But we
0:18:01 > 0:18:05have done a number of independent studies which have shown that users
0:18:05 > 0:18:10of sit-stand desks report greater comfort, less lower back and neck
0:18:10 > 0:18:16pain. They also report feeling more alert, more attentive, more
0:18:16 > 0:18:22productive at work. So, these are things that people are looking for.
0:18:22 > 0:18:32So, we actually see people using their sit-stand desks.I think the
0:18:32 > 0:18:35message is loud and clear - we should be doing more. It is not
0:18:35 > 0:18:41good-looking stuff, is it, though? It is clunky gear?Well, it may
0:18:41 > 0:18:47start that way. What happens is at the very beginning, the first
0:18:47 > 0:18:51products might be a bit more utilitarian, but as we progress
0:18:51 > 0:18:55we're making the products aesthetically pleasing, fitting
0:18:55 > 0:19:00better with the modern office and looking attractive.There was one
0:19:00 > 0:19:03person I met recently, a director at the Science Museum, who has a
0:19:03 > 0:19:07treadmill in his office with a desk on top of the treadmill - is that
0:19:07 > 0:19:13where we're going? Is that the kind of push that you would like to see?
0:19:13 > 0:19:17You know, no. It might be a surprise to you, while a treadmill does
0:19:17 > 0:19:23promote activity and discover some great to use one at work, it also
0:19:23 > 0:19:27negatively impacts your ability to type accurately and it does not help
0:19:27 > 0:19:30your computer productivity. I think a model which really makes sense is
0:19:30 > 0:19:35to have a few shared use treadmills that can be used for example by
0:19:35 > 0:19:41readers.One reason I referred to the treadmill is, we are told about
0:19:41 > 0:19:46sitting for too long is not good for you, we get that, but an awful lot
0:19:46 > 0:19:51of us now also take it upon ourselves to get out and go to the
0:19:51 > 0:19:55gym, to fitness after work or before work, we're finding ways to fulfil
0:19:55 > 0:20:00the need to exercise?That is one of the real big surprises in the
0:20:00 > 0:20:04research that has recently come out. We all felt that 30 minutes of
0:20:04 > 0:20:07vigorous exercise would be all we need for cardiovascular health. The
0:20:07 > 0:20:13recent research is saying, no, it's actually periods of long inactivity,
0:20:13 > 0:20:17sitting still for more than 30 minutes, is also damaging. And you
0:20:17 > 0:20:21just need to move.I hope it is not a generational thing, but you quite
0:20:21 > 0:20:27like standing up, don't you?! I love sitting down! I'm much more
0:20:27 > 0:20:31comfortable this way so it takes a bit of persuasion! So I guess, is
0:20:31 > 0:20:35there any sort of kit which gets you moving without having to be on your
0:20:35 > 0:20:38feet all day, especially if you've got flat feet?Really the key is
0:20:38 > 0:20:46moving between positions, frequently moving. You don't have to stand.
0:20:46 > 0:20:49Walking, standing meetings, all sorts of things which introduce some
0:20:49 > 0:20:55level of activity into what is currently a sedentary activity.I am
0:20:55 > 0:20:58interested where your biggest markets are, where do you see most
0:20:58 > 0:21:02interest and where do you see your company growing in the future?Well,
0:21:02 > 0:21:07we see strong growth in Australia, New Zealand, Europe and also the
0:21:07 > 0:21:11Americas, is where we have the strongest growth today.And
0:21:11 > 0:21:14presumably, you're talking about double-digit growth, what are your
0:21:14 > 0:21:20hopes for the next decade?I would hope for more than that but I think
0:21:20 > 0:21:24double-digit will continue, and part of the reason is, it does take a
0:21:24 > 0:21:29while to change people's lifestyles. We will see how it goes. Pete Segar,
0:21:29 > 0:21:34thank you very much for joining us. I don't have a standing desk but
0:21:34 > 0:21:44what I'd try and do is joke and yet the teas and coffees. -- go and get
0:21:44 > 0:21:47the teas and coffee is.
0:21:47 > 0:21:48Let's see what other stories are being talked
0:21:48 > 0:21:52about on social media.
0:21:52 > 0:21:56We were talking about TalkTalk on the Business Live page. In a moment
0:21:56 > 0:21:59we will go through some of your tweets and a couple of the other
0:21:59 > 0:22:03stories as well.
0:22:03 > 0:22:10But first, here's a quick reminder of how to get in touch with us.
0:22:10 > 0:22:14The Business Live page is where you can stay ahead with all the latest
0:22:14 > 0:22:18business news from the BBC's team of editors right around the world. And
0:22:18 > 0:22:27we want to hear from you, too. Get involved on our web page. You can
0:22:27 > 0:22:34find us on Twitter and on Facebook at BBC business news. Business Live,
0:22:34 > 0:22:38on TV and online, whenever you need to know.
0:22:38 > 0:22:46Joining us is David Buik from Panmure Gordon.
0:22:46 > 0:22:54We were talking about this idea that one estate agent estimate that
0:22:54 > 0:22:58millennials could save vast sum towards a deposit on a house by just
0:22:58 > 0:23:02cutting out little daily luxuries?I think this is true. When I look at
0:23:02 > 0:23:05myself in the mirror I shudder to think how much I spend on coffee in
0:23:05 > 0:23:14a year but it has got to be £2000-£3000 for the whole family.
0:23:14 > 0:23:17The young, of course, have changed their culture enormously. They have
0:23:17 > 0:23:22changed away from buying clothes and any kind of sartorial elegance, a
0:23:22 > 0:23:26razor blade is a real shock to the system to a young person!I have no
0:23:26 > 0:23:31idea what you're talking about!And jeans rather than a suit and people
0:23:31 > 0:23:35want to spend money going out and having a good time and on holidays.
0:23:35 > 0:23:40So, they have to make up their mind what they want to. What is suggested
0:23:40 > 0:23:44that apparently over five years you could save $84,000...I was only
0:23:44 > 0:23:49quoting! Anyone who sees me walking in will see I always have a takeaway
0:23:49 > 0:23:56coffee in my hand!If I may say so, you're exceptional because you're
0:23:56 > 0:23:59sartorial elegance! Most people don't! They want to have a good time
0:23:59 > 0:24:03and they want to have good holidays. But get real, if you're always
0:24:03 > 0:24:08complaining about you can never get on the housing ladder, you have to
0:24:08 > 0:24:11put in some kind of economy.You pays your money...You takes your
0:24:11 > 0:24:17chance!We have been asking for your tweets on this. Loads of responses.
0:24:17 > 0:24:23This one says, I take buses instead of the tube. This one says she has
0:24:23 > 0:24:27cut back on the internet. She uses public why five and has also cut
0:24:27 > 0:24:33back on TV, car, heating... I wouldn't say those were luxuries!
0:24:33 > 0:24:37And this one says using a reusable bottle of water, I don't drink
0:24:37 > 0:24:41coffee or go to the cinema any more. Thanks for sharing those little
0:24:41 > 0:24:43suggestions with us.Another interesting story which is very
0:24:43 > 0:24:48close to home for us in as much as Bond Street is now a more expensive
0:24:48 > 0:24:54place to rent for a shop than the Champs-Elysees?That's right, it is
0:24:54 > 0:24:57now number three in the pecking order. But there is a real danger
0:24:57 > 0:25:01behind this. Just so that viewers can understand, New York is still
0:25:01 > 0:25:06the most expensive, fifth Ave, Madison, places like that, $3000 per
0:25:06 > 0:25:13square foot. Hong Kong is second, London third, followed by Milan and
0:25:13 > 0:25:19Paris. However, I throw caution to the wind - how long are these rates
0:25:19 > 0:25:22going to be allowed to be maintained, with the internet and
0:25:22 > 0:25:28online sales increasing every single day? I doubt that there will be...
0:25:28 > 0:25:31May be the crown jewels still have that in a way that the provincial
0:25:31 > 0:25:35high street...You've got the answer. Absolutely, it is a
0:25:35 > 0:25:36long-term problem.
0:25:36 > 0:25:38That's it from Business Live today.
0:25:38 > 0:25:40There will be more business news throughout the day
0:25:40 > 0:25:42on the BBC Live webpage, and on World Business Report.
0:25:42 > 0:25:44We'll see you again tomorrow.