0:00:05 > 0:00:07This is Business Live from BBC News
0:00:07 > 0:00:09with Susannah Streeter and Sally Bundock.
0:00:09 > 0:00:12Britain's Prime Minister, Theresa May, is set to meet business
0:00:12 > 0:00:15leaders from the UK's financial services industry as the Government
0:00:15 > 0:00:18attempts to secure a Brexit deal that will include the sector.
0:00:18 > 0:00:28Live from London, that's our top story on Thursday 11th January.
0:00:37 > 0:00:39Banking on a deal.
0:00:39 > 0:00:42The finance industry is Britain's biggest exporter,
0:00:42 > 0:00:45but can it expect to stay that way after Brexit?
0:00:45 > 0:00:47Philip Hammond and David Davis are in Germany today to push
0:00:47 > 0:00:49for the best outcome.
0:00:49 > 0:00:53Also in the programme, the UK is to announce a plan
0:00:53 > 0:00:55to eradicate all avoidable plastic waste by 2042,
0:00:55 > 0:01:05but will it have any legal effect?
0:01:05 > 0:01:09This is the situation on the financial markets in Europe, the
0:01:09 > 0:01:12FTSE very slightly up. Sally?
0:01:13 > 0:01:17If men, or women, grappling in a ring is your thing -
0:01:17 > 0:01:20we'll talk to the entrepreneur whose business helps wrestling fans follow
0:01:20 > 0:01:28their heroes around the world.
0:01:28 > 0:01:32And what you think of Theresa May's plastic plans? Fantastic, or do they
0:01:32 > 0:01:40not go far enough? Do get in touch.
0:01:40 > 0:01:45Hello and welcome to Business Live.
0:01:45 > 0:01:47We start with Brexit, and the future of Britain's
0:01:47 > 0:01:49huge financial industry once it leaves the EU next year.
0:01:49 > 0:01:51Today the UK Chancellor, Philip Hammond,
0:01:51 > 0:01:54and Brexit Secretary David Davis are in Germany
0:01:54 > 0:01:57trying to win support for a favourable post-Brexit trade deal,
0:01:57 > 0:02:01especially when it comes to financial services.
0:02:01 > 0:02:04The financial sector is the UK's biggest exporter,
0:02:04 > 0:02:09accounting for 10% of the entire economy and 2.2 million jobs.
0:02:09 > 0:02:14But the UK argues the City of London is also important for Europe.
0:02:14 > 0:02:16Mr Hammond and Mr Davis will remind Germany
0:02:16 > 0:02:20its firms need access to London's financial markets.
0:02:20 > 0:02:23The bosses of Barclays, insurance giant Aviva
0:02:23 > 0:02:27and Goldman Sachs International are thought to be among
0:02:27 > 0:02:31up to 15 top finance chiefs meeting Prime Minister Theresa May later.
0:02:31 > 0:02:32She will be trying to reassure them
0:02:32 > 0:02:35the UK will remain a vibrant financial sector after Brexit.
0:02:35 > 0:02:38There will be tough talks ahead.
0:02:38 > 0:02:41The EU's chief negotiator, Michel Barnier, has been clear
0:02:41 > 0:02:45Britain cannot cherry-pick which benefits of EU membership
0:02:45 > 0:02:55to keep and there will be no special deal for its financial sector.
0:02:55 > 0:03:00So a pretty busy day when it comes to Brexit.
0:03:00 > 0:03:01I'm joined by the lawyer Miriam Gonzalez,
0:03:01 > 0:03:03who specialises in international trade and government regulation
0:03:03 > 0:03:05at the law firm Dechert LLP.
0:03:05 > 0:03:11Nice to see you, good morning. What are you expecting to be achieved to
0:03:11 > 0:03:15date? If we start with Bill Hader and David Davis in Germany, in
0:03:15 > 0:03:18Germany right now they are pretty busy trying to form a government if
0:03:18 > 0:03:25nothing else. -- if we start with Philip Hammond.They have detected
0:03:25 > 0:03:32there is a lack of emphasis from the other side of the business, the
0:03:32 > 0:03:35European business groups, and I think that is absolutely right, it
0:03:35 > 0:03:38is a good idea to go not only to Germany but other European countries
0:03:38 > 0:03:47to try to get Brexit much more to the top of the agenda, because it is
0:03:47 > 0:03:50falling down the ranks. But the important thing is that they have
0:03:50 > 0:03:54something new to say, because they say they want a really good
0:03:54 > 0:03:59agreement, but that is not going to make a big difference. They will be
0:03:59 > 0:04:03looking at the detail.And we don't know what the detail is. To the
0:04:03 > 0:04:06press, the media, they will say one thing, but certainly the impression
0:04:06 > 0:04:11from the German media is there is no way we will be getting any special
0:04:11 > 0:04:17deal for financial services in Europe. To what extent do you think
0:04:17 > 0:04:21those who matter in Europe, the likes of Michel Barnier and others,
0:04:21 > 0:04:25are interested in a special deal for financial services?I do not think
0:04:25 > 0:04:33that is even the discussion now. The European Union have heard what the
0:04:33 > 0:04:37UK Government does not want, because Theresa May decided, on her own,
0:04:37 > 0:04:49really, not with Parliament with the we discovered afterwards, this idea
0:04:49 > 0:04:53not to go for the customs union or the single market, so what the
0:04:53 > 0:04:58European Union is waiting for - in Brussels, Germany, Madrid, Paris,
0:04:58 > 0:05:05everywhere - is to hear what you want. As soon as she defines that,
0:05:05 > 0:05:12they will stop the discussions, but there are around 53 or 63 weeks, I
0:05:12 > 0:05:18think, to Brexit, not a lot of time! EU officials have been writing to
0:05:18 > 0:05:22company bosses in key industries, warning them that Britain will
0:05:22 > 0:05:25effectively be a third country if this deal is not done, it is a stark
0:05:25 > 0:05:32warning for them.Britain will be a third country no matter what.But
0:05:32 > 0:05:41without automatic access to the single market.There can be no
0:05:41 > 0:05:45single market access taking into account what the Prime Minister
0:05:45 > 0:05:50said, we had seen what alternative arrangement may be negotiated. It is
0:05:50 > 0:05:54very difficult to negotiate anything until the UK Government decides what
0:05:54 > 0:05:59kind of model, new model, whatever it is they want, and they put it on
0:05:59 > 0:06:08the table. All these words about the best possible agreement, I don't
0:06:08 > 0:06:13know, it doesn't say very much. It is likely Prime Minister, in the
0:06:13 > 0:06:17election was talking about strong and stable - people lose interest,
0:06:17 > 0:06:23and in the business community it is the same. They hear these hollow
0:06:23 > 0:06:28words, and what they want is the substance.Thank you, I can sense
0:06:28 > 0:06:33your frustration, thank you for coming in. Just to say, if we do get
0:06:33 > 0:06:36detail, if we get information about how the discussion is going on in
0:06:36 > 0:06:40Germany today, and also Theresa May's meeting with the bosses of
0:06:40 > 0:06:41Barclays et cetera, we will let you know.
0:06:41 > 0:06:45Let's take a look at some of the other stories making the news.
0:06:45 > 0:06:47China's economic growth probably accelerated to 6.9% in 2017.
0:06:47 > 0:06:50Premier Li Keqiang has told a regional summit in Cambodia.
0:06:50 > 0:06:52That would be an improvement on the 6.7% seen in 2016,
0:06:52 > 0:06:55which was the weakest in 26 years.
0:06:55 > 0:06:58Mr Li said China has done well because it refrained from flooding
0:06:58 > 0:07:05the economy with stimulus while pushing ahead with reforms.
0:07:05 > 0:07:08The value of Bitcoin has fallen more than 10% on the Bitstamp exchange,
0:07:08 > 0:07:11after South Korea's Justice Minister said the country is preparing a bill
0:07:11 > 0:07:15to ban trading in cryptocurrencies.
0:07:15 > 0:07:17Bitcoin sank as low as $13,120,
0:07:17 > 0:07:21its weakest since the beginning of January.
0:07:21 > 0:07:23UK Prime Minister Theresa May will pledge later
0:07:23 > 0:07:27to eliminate avoidable plastic waste within 25 years.
0:07:27 > 0:07:31Supermarkets will be urged to introduce plastic-free aisles
0:07:31 > 0:07:33and compulsory charging for plastic carrier bags
0:07:33 > 0:07:34will be extended to all retailers.
0:07:34 > 0:07:44But green groups have criticised the plans as having no legal force.
0:07:48 > 0:07:53That is the story we are asking you to get in touch about, we will be
0:07:53 > 0:07:54discussing them all later.
0:07:54 > 0:07:56Now to a story being closely watched in India.
0:07:56 > 0:07:59Vijay Mallya is one of the country's best-known entrepreneurs,
0:07:59 > 0:08:00with business interests ranging from Kingfisher beer
0:08:00 > 0:08:04to an airline of the same name, to the Force India Formula One team
0:08:04 > 0:08:07and an Indian Premier League cricket club.
0:08:07 > 0:08:10Now he's battling extradition from the UK over fraud allegations -
0:08:10 > 0:08:13which he denies.
0:08:13 > 0:08:16He faces a hearing not far from here
0:08:16 > 0:08:21at Westminster Magistrates Court later today.
0:08:21 > 0:08:30Suranjana Tewari is our India business correspondent in Mumbai.
0:08:30 > 0:08:34Tell us more about these latest developments.Well, this is a
0:08:34 > 0:08:40long-running trial. It is a trial, a case lodged by the Indian government
0:08:40 > 0:08:46to try and get Vijay Mallya extradited back to India to face a
0:08:46 > 0:08:50raft of allegations. They include money-laundering, fraud, financial
0:08:50 > 0:08:55irregularities and tax evasion. Most of them are related to the
0:08:55 > 0:09:02now-defunct Kingfisher Airlines. Banksy or say that the airline took
0:09:02 > 0:09:05loans of $1.4 billion and defaulted on them, and Vijay Mallya is
0:09:05 > 0:09:13personally accused of using some of that money for personal use. Banks
0:09:13 > 0:09:18here are struggling with bad debt, so Vijay Mallya has really become a
0:09:18 > 0:09:21poster child for the Indian government going had and dealing
0:09:21 > 0:09:26with this issue. But they also have a lot of allegations against him and
0:09:26 > 0:09:30many of his businesses, so that is why the Indian government is really
0:09:30 > 0:09:32trying to get extradited back, and that is what this trial is all
0:09:32 > 0:09:38about.Suranjana, thank you very much for that update. Let's check in
0:09:38 > 0:09:40with the financial markets.
0:09:40 > 0:09:42The New Year rally has finally petered out over concerns
0:09:42 > 0:09:43about rising US protectionism.
0:09:43 > 0:09:46Japan's Nikkei down by a third of 1%, tech shares leading
0:09:46 > 0:09:48the decline with Samsung down 1.4%.
0:09:48 > 0:09:52Australia's All Ordinaries index fell,
0:09:52 > 0:09:56following on from losses on Wall Street.
0:09:56 > 0:10:01The Hang Seng hanging onto positive territory.
0:10:01 > 0:10:03Some investors seemed spooked by an unconfirmed report that
0:10:03 > 0:10:06Canadian officials increasingly expect US President Donald Trump to
0:10:06 > 0:10:13call time on the Nafta free-trade pact.
0:10:13 > 0:10:18This is the situation so far on in Europe.
0:10:18 > 0:10:24The FTSE is in positive territory, the dykes macro in Frankfurt down
0:10:24 > 0:10:37very slightly, the CAC 40, not much change in Europe so far. -- DAX.
0:10:38 > 0:10:41On Thursday, there will be a release of data on the labour market,
0:10:41 > 0:10:52expecting to show that it increased 3.2% on the PPI figure. In the 12
0:10:52 > 0:10:57months through to December, it is expected to have advance 3%. In any
0:10:57 > 0:11:03news, delta airlines will report of quarterly and full-year results. The
0:11:03 > 0:11:10number two US airline by passenger traffic will absorb an estimated 25
0:11:10 > 0:11:16million dollar hit from a power outage in Atlanta. The filings will
0:11:16 > 0:11:20also include the busy holiday travel period, which is historically one of
0:11:20 > 0:11:26the airline's most profitable periods.
0:11:26 > 0:11:27We have another very familiar face.
0:11:27 > 0:11:31Joining us is David Buik from Panmure Gordon.
0:11:31 > 0:11:38Lovely to see you, David, how you? Happy New Year, top form for an old
0:11:38 > 0:11:43bird.You are always on top form, I have never known you any other way!
0:11:43 > 0:11:46I just want to mention this, it is just come across the wires on
0:11:46 > 0:11:51Reuters, they are saying they are quoting Angela Merkel as saying she
0:11:51 > 0:11:54says there is still big hurdles that needs to be cleared before a
0:11:54 > 0:12:00coalition can be formed. This of course in Germany, she has been
0:12:00 > 0:12:05grappling with this...Three months now.You must be exhausted. But it
0:12:05 > 0:12:09seems they are not making any headway, tell us what that means for
0:12:09 > 0:12:14markets.What it means for the markets, as you rightly pointed out,
0:12:14 > 0:12:17it doesn't done much to the DAX, but people have realised there are
0:12:17 > 0:12:21serious problems with the right wing in German politics, getting quite a
0:12:21 > 0:12:24strong game because of the immigration factor, allowing a
0:12:24 > 0:12:28million people in, even though Germany is desperately short of
0:12:28 > 0:12:32quality people to work in the car industry, where they really needed.
0:12:32 > 0:12:35Finding the key to the kingdom is going to be very difficult. The one
0:12:35 > 0:12:39thing we can be certain of is that Germany is very stable politically,
0:12:39 > 0:12:44so I do not think it will be at a turmoil, but I fear another
0:12:44 > 0:12:47election, because I think the only way to clear this up, you can't
0:12:47 > 0:12:54carry on keeping people at bay, and she should be at the forefront with
0:12:54 > 0:12:59Macron in organising the Brexit negotiations, you know, obviously
0:12:59 > 0:13:04manipulating Michel Barnier.He is having to cover many things at the
0:13:04 > 0:13:10moment. I'm talking about elections, we have President Trump, over a year
0:13:10 > 0:13:13in office, and protectionism rearing its head, fears that he will wrap up
0:13:13 > 0:13:19Nafta is affecting the markets. What do think the prospects are?He has
0:13:19 > 0:13:24told us all right from the word go that he is a protectionist, the
0:13:24 > 0:13:28policy of the Republican Party, and I think we have sort of soaked this
0:13:28 > 0:13:33up, we have these terrible imbalances of who has got deficits,
0:13:33 > 0:13:38and while he remains President of the United States, it will be
0:13:38 > 0:13:42America one, two, three and four. But the markets seem to be able to
0:13:42 > 0:13:45cope with it, basically because the asset classes are very unattractive,
0:13:45 > 0:13:51bonds and things like that, as we said before, yields are starting to
0:13:51 > 0:13:56creep up, and whether it actually signals a new wave of interest rate
0:13:56 > 0:14:01hikes, I personally don't see it. Global growth is supposed to be
0:14:01 > 0:14:073.7%, but until we see the tapering of quantitative easing, plus
0:14:07 > 0:14:10consistent noises or markers that we are going to see rates going up, I
0:14:10 > 0:14:15can see more than a modest correction.All right, we will keep
0:14:15 > 0:14:20a watch on that. Putting David on the pause button for now, but back
0:14:20 > 0:14:22soon to talk plastic and other stories, interesting bits coming
0:14:22 > 0:14:25later.
0:14:25 > 0:14:26Still to come...
0:14:26 > 0:14:29If men - or women - grappling in a ring is your thing,
0:14:29 > 0:14:31we'll talk to the entrepreneur whose business helps wrestling fans follow
0:14:31 > 0:14:33their heroes around the world.
0:14:33 > 0:14:38You're with Business Live from BBC News.
0:14:44 > 0:14:45Christmas results have been pouring in today,
0:14:45 > 0:14:48and they're a bit of a mixed bag.
0:14:48 > 0:14:51Marks & Spencer has reported a fall in sales, Tesco has
0:14:51 > 0:14:53reported solid growth, and John Lewis has
0:14:53 > 0:14:55warned of a tough 2018.
0:14:55 > 0:14:58Let's get more on this with Natalie Berg, global research
0:14:58 > 0:15:03director at Planet Retail.
0:15:03 > 0:15:10Can we start with Tesco? How did it do?Tesco is emerging as one of the
0:15:10 > 0:15:16winners. They will never return to their former glory because there has
0:15:16 > 0:15:20just been too much structural change in the market with the rise of
0:15:20 > 0:15:26online and discounters. But overall, very strong numbers. The ship has
0:15:26 > 0:15:29been studied. Their turnaround strategy is bearing fruit. They have
0:15:29 > 0:15:35done a lot to focus on the cost reducing prices and making the
0:15:35 > 0:15:40shopping experience more pleasant. Tesco is one of the winners. What
0:15:40 > 0:15:45about the losers? House of Fraser on that list. Its online sales have
0:15:45 > 0:15:49suffered, haven't they?Yes, it has to be bad if your online sales are
0:15:49 > 0:15:54falling in the run-up to Christmas. Very few retailers have experienced
0:15:54 > 0:16:00this. Mothercare being the other exception. Most places need the
0:16:00 > 0:16:07online to pop-up falling store sales. That is indicative of current
0:16:07 > 0:16:12high Street trading. The future not looking bright for a house of
0:16:12 > 0:16:16Fraser. Department stores have had a dreadful time. Debenhams is closing
0:16:16 > 0:16:20stores, Amadeus is closing stores. We are seeing a shift towards online
0:16:20 > 0:16:28shopping. -- M&S is closing stores. Most consumers are not buying as
0:16:28 > 0:16:33many material goods. We are expending money and experiences
0:16:33 > 0:16:39instead. -- we are spending money.Thank you.
0:16:39 > 0:16:46Lots of stories on this on the BBC Business Live website.
0:16:46 > 0:16:52Yes, more detail on that. Marks & Spencer food, the bright light dims
0:16:52 > 0:16:56is the headline. The food sales have always kept its earnings higher. But
0:16:56 > 0:17:03these figures are disappointing in food and online business as well.
0:17:03 > 0:17:07That is according to Hargreaves Lansdown. A lot of detail on there.
0:17:07 > 0:17:12Take a look when you have time. Discounters doing very well in the
0:17:12 > 0:17:16run-up to Christmas. More detail on the BBC app.
0:17:22 > 0:17:24You're watching Business Live - our top story.
0:17:24 > 0:17:28Britain's Prime Minister Theresa May is set to meet business leaders
0:17:28 > 0:17:30from the UK's financial services industry later today,
0:17:30 > 0:17:32as the government attempts to secure a Brexit deal that
0:17:32 > 0:17:34will include the sector.
0:17:34 > 0:17:40A quick look at how markets are faring...
0:17:40 > 0:17:45They have been trading for nearly 15 minutes. A mixed picture. The Dax
0:17:45 > 0:17:51bucking the trend in Frankfurt, down by five point want to -- 0.02%.
0:17:51 > 0:17:53Do you know your Hulk Hogan from your Big Show?
0:17:53 > 0:17:55Well if not, maybe you should - because the sport
0:17:55 > 0:17:58of wrestling is huge, attracting fans around the globe.
0:17:58 > 0:18:01In 2016, the WWE - that's wrestling's main body-
0:18:01 > 0:18:09received over 15 billion views on the digital video on its website.
0:18:09 > 0:18:11And last year, Wrestlemania - that's wrestling's
0:18:11 > 0:18:13equivalent of the Super Bowl - generated over $180 million
0:18:13 > 0:18:20for the city of Orlando.
0:18:20 > 0:18:26Lots of wrestling in our house. And I haven't actually been to see a
0:18:26 > 0:18:26wrestling show.
0:18:26 > 0:18:29Our next guest has founded a business which provides, travel,
0:18:29 > 0:18:31accommodation and tickets to events for those looking to
0:18:31 > 0:18:32follow their wrestling heroes around the world.
0:18:32 > 0:18:35Lee McAteer, founder of Wrestling Travel, joins us.
0:18:35 > 0:18:43Thank you for coming in. Tell us how this began? How did you come from
0:18:43 > 0:18:48thinking, like wrestling, to setting up this Wrestling Travel firm?
0:18:48 > 0:18:53Wrestling has been a passion of mine since I was a kid. When I grew up I
0:18:53 > 0:19:01was watching Hulk Hogan and others. Giant haystacks is more my age
0:19:01 > 0:19:07group.That is probably too old for me! There were huge part of the UK
0:19:07 > 0:19:16wrestling scene. But now wrestling has transcended into Popow --
0:19:16 > 0:19:20popular culture. It is big business. It is something we are doing really
0:19:20 > 0:19:25well with. What finding is that as more people get into wrestling, more
0:19:25 > 0:19:30people want to go to the events. That is where we come in.Why do we
0:19:30 > 0:19:35need you to make that happen? Don't most people do it all themselves,
0:19:35 > 0:19:40book a flight, get a ticket and a hotel room?It is a great question
0:19:40 > 0:19:44but there are so many different parts to put that wrestling package
0:19:44 > 0:19:50together. That is where we come in. It is the customer experience. We do
0:19:50 > 0:19:55things better. We go the extra mile for people.If you do it yourself
0:19:55 > 0:20:00you will save money. I would imagine most people think if I just get
0:20:00 > 0:20:05online and find the flights etc, I will get a better deal?As a huge
0:20:05 > 0:20:09fan myself, when I was given tickets to WrestleMania, I thought,
0:20:09 > 0:20:12fantastic. I didn't realise how difficult it would be to get the
0:20:12 > 0:20:16Hotel sorted, the flight sorted, because of how popular these events
0:20:16 > 0:20:23were. Because we had this massive travel company we created, we were
0:20:23 > 0:20:28able to bolt on the wrestling events. As a consequence, you
0:20:28 > 0:20:30literally pay one price and everything is covered. Convenience
0:20:30 > 0:20:37is what we do.An ex-girlfriend's present to you spawned a business,
0:20:37 > 0:20:45didn't it?Absolutely. I am very lucky in the fact they are -- that I
0:20:45 > 0:20:50have some fantastic people around me. People want the niches. If
0:20:50 > 0:20:53people want something and they are so passionate about it, that is
0:20:53 > 0:20:58where the business lies. We have got a huge waiting list ready for
0:20:58 > 0:21:03WrestleMania 30 five.That is partly because possibly there is not
0:21:03 > 0:21:07another company like yours around the world that does this?
0:21:07 > 0:21:13Absolutely. That makes us too! It is cool we are the only ones doing it.
0:21:13 > 0:21:18Hopefully that will continue.I want to ask you about your style of
0:21:18 > 0:21:24management. You describe yourself as a big kid at heart.Absolutely.You
0:21:24 > 0:21:33made us laugh in the Green room. He built an office full of balls for
0:21:33 > 0:21:39his staff.We always like to surprise people. We filled the
0:21:39 > 0:21:47entire office with 250,000 balls. Didn't tell anybody. As everybody
0:21:47 > 0:21:51arrived, they were like, what is going on here? Imagine you are
0:21:51 > 0:21:57working out of a bolted? That is what happened.Ben Thompson is in
0:21:57 > 0:22:03Salford today. Maybe we can put him in touch with you.Please do. It
0:22:03 > 0:22:08will be there on Sunday.Lovely to meet you.
0:22:08 > 0:22:12Thank you for having me.
0:22:12 > 0:22:15More than 200 drones are dazzling audiences in Las Vegas, with a night
0:22:15 > 0:22:17show over one of the city's most famous hotels.
0:22:17 > 0:22:20The dancing quadcopters are intended to show how swarms of the flying
0:22:20 > 0:22:30machines can be deployed without crashing into each other.
0:22:55 > 0:23:04Tonight you just saw 250 drones performing the first-ever show.
0:23:04 > 0:23:05Everything is simulated, preprogrammed. We know how the drums
0:23:05 > 0:23:10are going to fly. We have positioned themselves about 1.5 metres around
0:23:10 > 0:23:20each other. We know they won't collide. I think that the technology
0:23:20 > 0:23:23Intel has come the applicable in a lot of different ways. Imagine if
0:23:23 > 0:23:27you had a drone for a search and rescue and if you were stranded,
0:23:27 > 0:23:31would you rather have one Cherono search for you or a fleet of drones?
0:23:31 > 0:23:39That looked pretty cool.
0:23:39 > 0:23:41Who would have thought? A new industry being spawned.
0:23:41 > 0:23:44Joining us is David Buik from Panmure Gordon .
0:23:44 > 0:23:50We did promise David would tell us more about plastic waste. The Ukip
0:23:50 > 0:23:54Prime Minister expected to announce a 25 year plan today to eradicate
0:23:54 > 0:24:03plastic? -- the UK Prime Minister. Anybody who saw David Attenborough's
0:24:03 > 0:24:07programme could not have been but dismayed to see what plastics are
0:24:07 > 0:24:12doing the natural life. You will always get people who will criticise
0:24:12 > 0:24:21and say it is hopeless, the Green people saying 2042 is too long.It
0:24:21 > 0:24:29is not compulsory.That is true. There aren't any legal ramifications
0:24:29 > 0:24:36if you don't follow through.I know what you mean. But I hope it is a
0:24:36 > 0:24:39discussion. If you come in with legislation, you will not do this,
0:24:39 > 0:24:45you will not do that, you have to pay 25p etc, that has to go through
0:24:45 > 0:24:52the statute books. What I think we haven't had is proper discussion
0:24:52 > 0:24:56from the Prime Minister on how she intends to evolve this whole
0:24:56 > 0:25:01procedure, which we all agree is essential. Plastic bottles is the
0:25:01 > 0:25:07one that gets me. We try to fill up the old bottle at home, which is the
0:25:07 > 0:25:15right thing to do. This was shocking.The campaign saying there
0:25:15 > 0:25:19needs to be more stick rather than character. Many of you have been in
0:25:19 > 0:25:23touch. Steve Foster says if those water cooler bottles go back to the
0:25:23 > 0:25:27company for reuse, they don't count. He is referring to a picture we put
0:25:27 > 0:25:36on Twitter. Plastic cups do count. They are often chucked away. Sarah
0:25:36 > 0:25:41says Southport beach is awful. She filled to rubbish bags full of
0:25:41 > 0:25:47plastic in one day. Another says we should do our bit in reducing and
0:25:47 > 0:25:54recycling, including manufacturers by using biodegradable packaging.
0:25:54 > 0:26:01Absolutely. If you think about it, our old bags, we have got