0:00:05 > 0:00:07This is Business Live from BBC News with Ben Thompson
0:00:07 > 0:00:10and Sally Bundock.
0:00:10 > 0:00:12Business leaders lose their patience about Britian's Brexit plans
0:00:12 > 0:00:15as the Prime Minister meets senior ministers to thrash out the UK's
0:00:15 > 0:00:18position on leaving the EU.
0:00:18 > 0:00:21Live from London, that's our top story on Wednesday 7th February.
0:00:39 > 0:00:43The British Chambers of Commerce accused Theresa May of
0:00:43 > 0:00:46"ambiguity" saying businesses must plan for their future and want
0:00:46 > 0:00:49a firm decision on the way forward in the next fortnight.
0:00:49 > 0:00:51Also in the programme: Grocery giant Tesco faces Britain's largest
0:00:51 > 0:00:54ever equal pay claim that could top $5 billion dollars as thousands
0:00:54 > 0:00:59of women workers demand pay parity with men.
0:00:59 > 0:01:02A bounce back in global stock markets following the wild swings
0:01:02 > 0:01:10this week that have marked a return of volatility after years of calm.
0:01:10 > 0:01:17But is it here to stay? Traders could do with de-stressing.
0:01:17 > 0:01:19And we'll be getting the inside track on
0:01:19 > 0:01:22the business of stress-busting - stock market traders could do
0:01:22 > 0:01:23with a bit of that this week.
0:01:23 > 0:01:26But for many of us, hectic modern life means we all need
0:01:26 > 0:01:30a some help to destress.
0:01:30 > 0:01:32Our next guest says he has the answer - in a bottle.
0:01:33 > 0:01:35Today we want to know
0:01:35 > 0:01:37The billionaires space race - @elonmusk celebrates a successful
0:01:37 > 0:01:38launch of his new rocket!
0:01:38 > 0:01:41If you were given the chance, would you go to space?
0:01:41 > 0:01:42Just use the hashtag BBCBizLive.
0:01:55 > 0:01:58I think some days salary would happily send me to space. Send your
0:01:58 > 0:02:03comments in -- Sally would happily.
0:02:03 > 0:02:06I know we say this a lot, but we're at another crucial stage
0:02:06 > 0:02:07of the Brexit negotiations.
0:02:07 > 0:02:10Senior UK ministers begin a two-day meeting later to thrash out
0:02:10 > 0:02:12the government's position on what relationship the UK
0:02:12 > 0:02:15will have with the EU after it leaves in March 2019.
0:02:15 > 0:02:16Business bosses have already warned the Prime Minister
0:02:16 > 0:02:19about the lack of clarity and the damage they say
0:02:19 > 0:02:22it's doing to business.
0:02:22 > 0:02:25The British Chambers of Commerce has accused Theresa May
0:02:25 > 0:02:29of "continued ambiguity".
0:02:29 > 0:02:30The EU's Brexit negotiator urged Mrs May's government
0:02:30 > 0:02:32to clarify its position.
0:02:32 > 0:02:34Michael Barnier said without a customs union
0:02:34 > 0:02:38and outside the single market, barriers to trade are inevitable.
0:02:38 > 0:02:43One vital sector that wants clarity is services.
0:02:43 > 0:02:47It accounts for 45% of the UK's total exports, in everything
0:02:47 > 0:02:49from financial services, IT, design, tourism, education,
0:02:49 > 0:02:52accountancy and law.
0:02:52 > 0:02:53It makes Britain the world's second-largest
0:02:53 > 0:02:56exporter after the US.
0:02:56 > 0:02:59And Recruiters are nervous, too.
0:02:59 > 0:03:02The number of London jobs available in December fell
0:03:02 > 0:03:05a dramatic 52% month-on-month, a far bigger drop than the same
0:03:05 > 0:03:15month in previous years, according to Morgan McKinley.
0:03:15 > 0:03:17Anastassia Beliakova is Head of Trade Policy from
0:03:17 > 0:03:25the British Chambers of Commerce.
0:03:25 > 0:03:30We outline some issues that you as an organisation had of this open
0:03:30 > 0:03:34letter to Theresa May and her government. You are asking for a
0:03:34 > 0:03:39united party to deliver clarity, easier said than done.We know the
0:03:39 > 0:03:43political environment is challenging and businesses are unaware of the
0:03:43 > 0:03:45complexity of the negotiations but government needs to be mindful that
0:03:45 > 0:03:51business has been very patient in phase one of the negotiations. As we
0:03:51 > 0:03:55are about to enter the second stage, we still don't know what the UK
0:03:55 > 0:03:59Government wants to do. That is having a real effect on business
0:03:59 > 0:04:01sentiment, which means businesses are holding off on some investment
0:04:01 > 0:04:06decisions.This 11 member Brexit subcommittee that is meeting today
0:04:06 > 0:04:12and tomorrow in intensive talks, led by Theresa May, includes the likes
0:04:12 > 0:04:16of Philip Hammond, the Chancellor, amber Rudd, the Home Secretary,
0:04:16 > 0:04:21Michael Gove and Boris Johnson. You can see the clear decisions. What
0:04:21 > 0:04:25expectations have you got that we should get some clarity this week?
0:04:25 > 0:04:30Many will be saying it will be more confusion, but more fudge coming out
0:04:30 > 0:04:33of this meeting perhaps.That would be very disappointing for
0:04:33 > 0:04:37businesses. We have seen ambiguity continuously over the last few
0:04:37 > 0:04:42months. Businesses want to know what kinds of practical questions will be
0:04:42 > 0:04:45addressed in the next stage of the negotiations and what kind of
0:04:45 > 0:04:51assurances can government give to them. Rhetoric is no longer enough.
0:04:51 > 0:04:54It is important to address questions such as what kind of customs
0:04:54 > 0:04:56declarations businesses will have to make, what kinds of arrangements
0:04:56 > 0:05:02will services have in the future relationship with the EU? And what
0:05:02 > 0:05:06exactly will happen to the existing trade agreements we are party to,
0:05:06 > 0:05:09will we still have the same benefits?When it comes to a trade
0:05:09 > 0:05:19agreement, what do our members are as divided as the rest of the
0:05:19 > 0:05:21country, we represent 75,000 businesses of all shapes and sizes.
0:05:21 > 0:05:24They are united on the fact that the UK Government has taken too much
0:05:24 > 0:05:28time in outlining its position. It has a responsibility with regards to
0:05:28 > 0:05:31its own citizens and businesses and we really need to hear a much
0:05:31 > 0:05:35stronger statement of intent from the Prime Minister and her Cabinet.
0:05:35 > 0:05:39Thank you for coming in.
0:05:44 > 0:05:47The cabinet meeting is underway today and tomorrow and we will keep
0:05:47 > 0:05:49you up to date.
0:05:51 > 0:05:55There is a press conference being held by Mike Pence, US Vice
0:05:55 > 0:05:59President in Tokyo, meeting with Shinzo Abe, the Japanese Prime
0:05:59 > 0:06:02Minister. He is largely talking about the concerns over North Korea,
0:06:02 > 0:06:06let's have a quick listen.
0:06:07 > 0:06:12In the past, the United States, Japan and freedom loving nations
0:06:12 > 0:06:17across the globe responded to Pyongyang's actions with failed
0:06:17 > 0:06:22diplomacy. The result of which has been a cycle of broken promises.
0:06:22 > 0:06:28Wilful deception. And escalating provocations. But the era of
0:06:28 > 0:06:36strategic patience is over. The truth is, in 1994, the Kim regime
0:06:36 > 0:06:40committed to freeze its plutonium programme, only to continue making
0:06:40 > 0:06:46progress. In 2005, as we discussed today, it promised to dismantle its
0:06:46 > 0:06:50nuclear programme. But North Korea only accelerated.
0:06:53 > 0:06:58Over the years, North Korea has, as the president has said, repeatedly
0:06:58 > 0:07:02supported acts of international terrorism, including assassinations
0:07:02 > 0:07:06on foreign soil. As the regime even secretly helped Syria will do a
0:07:06 > 0:07:11nuclear reactor in the mid-2000s. In the Indo Pacific, North Korea has
0:07:11 > 0:07:17continued to develop and test ballistic and nuclear weapons. Last
0:07:17 > 0:07:22year, within less than 30 days, the regime launched two missiles over
0:07:22 > 0:07:27Japanese territory. And conducted yet another nuclear test in the same
0:07:27 > 0:07:28period of time.
0:07:30 > 0:07:36This week, as the world knows, North Korea is sending a delegation to
0:07:36 > 0:07:39participate in the Winter Olympics. They will march under the same
0:07:39 > 0:07:45banner as South Korea. But we should not forget that North Korea South
0:07:45 > 0:07:47Korea have marched under the same banner before.
0:07:49 > 0:07:54The world witnessed it at the Olympics in 2000 and in 2004. In the
0:07:54 > 0:08:01Winter Olympics in 2006. Only to see North Korea continue its pursuit of
0:08:01 > 0:08:05threats and provocations. In fact, North Korea tested its first nuclear
0:08:05 > 0:08:09weapons only eight months after the conclusion of the 2006 Winter
0:08:09 > 0:08:15Olympics. Later this week, I will have the privilege to lead the
0:08:15 > 0:08:19United States delegation to the Winter Olympics. We will be there to
0:08:19 > 0:08:24cheer on our American athletes. But we will also be there to stand with
0:08:24 > 0:08:29our allies. And remind the world that North Korea is the most
0:08:29 > 0:08:37tyrannical and oppressive regime on the planet. I'll be joined by the
0:08:37 > 0:08:41father of a promising young man who was imprisoned and tortured in North
0:08:41 > 0:08:46Korea only to pass away shortly after his release. As President
0:08:46 > 0:08:56Trump has said, we will honour Otto's memory with resolve. We will
0:08:56 > 0:09:03not allow North Korea propaganda to derail the Olympic Games. We will
0:09:03 > 0:09:06not allow North Korea to hide behind the reality that they enslave their
0:09:06 > 0:09:14people and threatened the wider region. As we discussed, Mr Prime
0:09:14 > 0:09:18Minister, today, the American people and the people of Japan and freedom
0:09:18 > 0:09:21loving people everywhere along for the day when peace and prosperity
0:09:21 > 0:09:28replace Pyongyang's belligerence. But we will not repeat the mistakes
0:09:28 > 0:09:33of the past. As President Trump has said, past experience has taught us
0:09:33 > 0:09:39that complacency and concession only invite aggression and provocation.
0:09:42 > 0:09:47Vigilance and resolve will be our lode star. All options are on the
0:09:47 > 0:09:52table. And the United States has deployed some of our most advanced
0:09:52 > 0:10:00military assets to Japan and the wider region to protect our homeland
0:10:00 > 0:10:06and allies.STUDIO: Vice president Mike Pence in Tokyo talking with
0:10:06 > 0:10:10Prime Minister of Japan Shinzo Abe. As you heard, he is striking a
0:10:10 > 0:10:14warning about the relationship with North Korea ahead of the Winter
0:10:14 > 0:10:17Olympics that get underway on Friday in South Korea.
0:10:20 > 0:10:24He continues his tour of the area ahead of the beginning of the Winter
0:10:24 > 0:10:28Olympics at the end of the week. We will stay right across that and if
0:10:28 > 0:10:30there is anything else of interest we will bring it to you.
0:10:30 > 0:10:33Let's take a look at some of the other stories
0:10:33 > 0:10:37making the news.
0:10:37 > 0:10:42A roller-coaster day yesterday but more calm today. In Japan in the Kay
0:10:42 > 0:10:46was up 3% after falling almost 7% in the session but it ended pretty
0:10:46 > 0:10:49flat.
0:10:49 > 0:10:51Let's head to our Asia Business Hub for the latest, where
0:10:51 > 0:10:54Karishma Vaswani has been tracking the markets for us.
0:10:55 > 0:10:59An easier day today but still, I would imagine that traders are
0:10:59 > 0:11:07remaining on edge for the time being?Absolutely. The anxiety that
0:11:07 > 0:11:11we saw in Asian markets yesterday has abated somewhat today but it was
0:11:11 > 0:11:13a mixed session.
0:11:16 > 0:11:21Volatility has come into both the US markets and in Asia. That's not
0:11:21 > 0:11:25going away any time soon. If you think about it, it makes total
0:11:25 > 0:11:29sense. In the United States there is this anticipation that interest
0:11:29 > 0:11:32rates are going to be rising at a faster rate than many people had
0:11:32 > 0:11:38expected. That results in the fact that money gets pulled out riskier
0:11:38 > 0:11:44assets. One of those risky assets has been emerging market equities.
0:11:44 > 0:11:49Many markets in Asia have benefited foreign funds flowing in over the
0:11:49 > 0:11:54last seven or eight years from places like the united states. Over
0:11:54 > 0:11:57the last couple days, there has been anxiety about the fact that that
0:11:57 > 0:12:00money might have been pulled out and what that will result in in terms of
0:12:00 > 0:12:06share price volatility over the coming days.You will stay across
0:12:06 > 0:12:15that for us as that volatility potentially continues. Thank you.
0:12:15 > 0:12:17Joining us is Mike Bell, Global Market Strategist,
0:12:17 > 0:12:18at JP Morgan Asset Management.
0:12:18 > 0:12:22You were talking a lot to clients yesterday in the midst of this. You
0:12:22 > 0:12:26said, would return. Have you been vindicated this morning? That he
0:12:26 > 0:12:31said that calm would return.The key thing is that Friday people worried
0:12:31 > 0:12:34about wage growth coming back. Higher wage growth you would think
0:12:34 > 0:12:38is good for the economy but whatever you everyone is concerned about is
0:12:38 > 0:12:43that the central bank in the US will slam the brakes on and cause markets
0:12:43 > 0:12:48to come to a juddering halt. Wage growth is slowly going to pick up.
0:12:48 > 0:12:52But a lot of the pick-up was caused by the distortion in weather data
0:12:52 > 0:12:56because some people weren't working because of the storms we saw in the
0:12:56 > 0:13:00US. As a result, we will see some central banks tightening but
0:13:00 > 0:13:04realistically we will probably only get four rate rises from the Fed
0:13:04 > 0:13:10this year, probably not enough to slow the US economy. Earnings for US
0:13:10 > 0:13:14companies are being revised up rather than down, that is why some
0:13:14 > 0:13:19calm is returning to markets.The word we heard so much yesterday,
0:13:19 > 0:13:21correction, not a collapse. But the question is how much of a correction
0:13:21 > 0:13:26needs to be made to markets? Because they have potentially been
0:13:26 > 0:13:29overvalued for so long.The important thing to know, on average,
0:13:29 > 0:13:34over the last 30 years, the UK stock market falls from peak to trough
0:13:34 > 0:13:44every year by an average of 12%. Most years it still ends up. 10-12%
0:13:44 > 0:13:46pull-back is entirely normal. What was abnormal was that last year we
0:13:46 > 0:13:50saw lots of markets head strongly upwards but with little pull-back.
0:13:50 > 0:13:52These kind of pull-backs are completely normal. Somewhat healthy
0:13:52 > 0:13:58for markets. The fundamental economic data matters, that is still
0:13:58 > 0:14:04healthy. It is at the moment.How long do you think it will be healthy
0:14:04 > 0:14:07for? This was the discussion of the World Economic Forum. We are in a
0:14:07 > 0:14:11sweet spot for the global commie but it might not last long.We think at
0:14:11 > 0:14:14least for the rest of this year the growth outlook should look strong.
0:14:14 > 0:14:19The business surveys have historically been a good guide as to
0:14:19 > 0:14:23what will happen in the economy and around the world, in the US in
0:14:23 > 0:14:26particular but also in Europe, they are telling you that growth is
0:14:26 > 0:14:31booming, slightly less in the UK but in Europe and the US growth looks
0:14:31 > 0:14:34very good. It is hard to predict much further into the future than
0:14:34 > 0:14:38that but it looks good will stop thank you.
0:14:38 > 0:14:44Still to come...
0:14:44 > 0:14:47The business of stress busting. If any investors put their money in
0:14:47 > 0:14:56that, market for things to de-stress. We speak to a boss of a
0:14:56 > 0:15:00company who says he has bottled the answer. We have heard this before
0:15:00 > 0:15:10but apparently this is the one.
0:15:10 > 0:15:13The government is to give so-called gig economy workers new rights
0:15:13 > 0:15:15including holiday and sick pay for the first time.
0:15:15 > 0:15:18It's in answer to last year's Taylor Review which recommended
0:15:18 > 0:15:20changes in conditions to reflect modern working practices.
0:15:20 > 0:15:21Our business correspondent, Theo Leggett has been
0:15:21 > 0:15:29looking at the details.
0:15:29 > 0:15:36Reminders about the Taylor review. -- remind us.It was set up to look
0:15:36 > 0:15:39at how business practices have changed over the last few years and
0:15:39 > 0:15:42how the government should respond to that in terms of employment law and
0:15:42 > 0:15:47the enforcement of employment law.
0:15:47 > 0:15:55It noted there are trends to companies like Uber and deliver
0:15:55 > 0:15:59real, people who employ people by the job.There is an increasing
0:15:59 > 0:16:03reliance on agency workers and people and zero-hours contracts,
0:16:03 > 0:16:06people who are not guaranteed hours of work but do have a contract with
0:16:06 > 0:16:11an employer. Mr Taylor's conclusion was this does allow flexibility in
0:16:11 > 0:16:15the workplace, useful for employees and employers, but things were
0:16:15 > 0:16:19weighted too much in favour of the employers. He set out a number of
0:16:19 > 0:16:23recommendations to make life better for the employees, most of which the
0:16:23 > 0:16:29government has now taken up.What are they proposing here? It is
0:16:29 > 0:16:32pretty widespread, the proposals, that will affect so many people in
0:16:32 > 0:16:37this so-called gig economy?A set of widespread proposals but the actual
0:16:37 > 0:16:41changes are not that great. What the government is planning to do on
0:16:41 > 0:16:45holiday and sick pay, for example, is to enforce the existing rules
0:16:45 > 0:16:49better. A lot of people who work in the gig economy who are entitled to
0:16:49 > 0:16:52holiday and sick pates don't actually know that they are entitled
0:16:52 > 0:16:57to it. Under these proposals, they will be informed on day one what
0:16:57 > 0:17:01their rights were. HMRC would then try harder to enforce those rules,
0:17:01 > 0:17:06to make sure people who were entitled to holiday and sick pay get
0:17:06 > 0:17:10what they are entitled to. It is the same with the use of unpaid interns,
0:17:10 > 0:17:14that has been a controversial point. Employers are not supposed to use
0:17:14 > 0:17:18unpaid interns to do the job of a paid worker. In this review there
0:17:18 > 0:17:21will be increased enforcement of that rule and increase penalties for
0:17:21 > 0:17:26employers who disregard that.Good stuff, thank you for explaining
0:17:26 > 0:17:31that. It is pretty complicated but those proposals in force. Not
0:17:31 > 0:17:35everyone is happy, the union say there is still a whole load of
0:17:35 > 0:17:38workers who are not being protected by those proposals.
0:17:38 > 0:17:43More details on our website.
0:17:46 > 0:17:50You're watching Business Live - our top story:
0:17:50 > 0:17:54Business leaders in the UK are demanding more clarity about
0:17:54 > 0:17:58Britain's position when it comes to Brexit. The Prime Minister, of
0:17:58 > 0:18:02course, is meeting with senior ministers in her Cabinet to try and
0:18:02 > 0:18:07thrash out the UK's position. Markets will be looking closely at
0:18:07 > 0:18:12that and also recovering after a pretty volatile session yesterday,
0:18:12 > 0:18:17sparked by that sell-off on Wall Street. Some markets bouncing back
0:18:17 > 0:18:20from the falls we saw earlier in the week.
0:18:20 > 0:18:24Tesco is facing Britain's largest equal pay law suit
0:18:24 > 0:18:27which could affect up to 200,000 mostly female shop
0:18:27 > 0:18:30floor workers, who say they're paid less than men who work
0:18:30 > 0:18:32in the company's warehouses.
0:18:32 > 0:18:35Lawyers suggest Tesco could be liable for up to £4 billion
0:18:35 > 0:18:36in back pay if it loses.
0:18:36 > 0:18:40Our economics editor, Kamal Ahmed, has more.
0:18:40 > 0:18:45You have been looking at this, this is fascinating because there are a
0:18:45 > 0:18:52number of firms caught up in this equal pay row.Yes, plenty of equal
0:18:52 > 0:18:56pay claims in the UK, which is paying men and women the same for
0:18:56 > 0:19:01the same jobs. This is a slightly different issue. It is about, can
0:19:01 > 0:19:06businesses pay men and men different rates for doing different jobs, even
0:19:06 > 0:19:11though their value is the same? This is the shop workers in Tesco, in
0:19:11 > 0:19:14comparison to men who work in the warehouse. Most of the people who
0:19:14 > 0:19:19work in the shops tend to be women and they are paid less than men.
0:19:19 > 0:19:24Tesco says it is an equal opportunities employer, that it
0:19:24 > 0:19:27takes gender equality very seriously and is seen generally as a big
0:19:27 > 0:19:31employer. It is Britain's biggest private employer. For many
0:19:31 > 0:19:35businesses around the world, there has been this division between what
0:19:35 > 0:19:40is seen as women's work, in a rather old-fashioned way, catering,
0:19:40 > 0:19:45cleaning, shop workers, being paid less than what is traditionally seen
0:19:45 > 0:19:49as men's work, lorry driving, loading in warehouses, bin
0:19:49 > 0:19:54collection. As we are in the 21st century, should those kinds of jobs
0:19:54 > 0:19:59be seen as equal in value?I am sure business leaders all over will be
0:19:59 > 0:20:03watching this very closely, to see how this plays out, what the
0:20:03 > 0:20:07conclusions are, because it could have huge implications for many
0:20:07 > 0:20:11companies and businesses around the world?Absolutely. In Britain,
0:20:11 > 0:20:16although this is the Tesco story today, big retailers in Britain like
0:20:16 > 0:20:20Sainsbury's and Asda have been facing similar claims. Big City
0:20:20 > 0:20:24Council in the UK, Birmingham, Britain's second city, had to pay
0:20:24 > 0:20:30out £1 billion when they agreed that they should pay more money to
0:20:30 > 0:20:36cleaners and caterers in the council, paying them the same as
0:20:36 > 0:20:40being collectors as well, and they have agreed that that should happen.
0:20:40 > 0:20:45So this notion of equal pay the jobs of equal value is a very significant
0:20:45 > 0:20:49one.Just briefly, there is a figure out there, £4 billion in costs to
0:20:49 > 0:20:56Tesco. Is that the cost fixing the situation as is all future pay to
0:20:56 > 0:21:01these women if they get a deal?It will be about fixing the problem. In
0:21:01 > 0:21:04Britain you can claim back six years of back pay if you've been found to
0:21:04 > 0:21:08have been paid equally. That will be people who retired, for example,
0:21:08 > 0:21:13could take action against Tesco. They employ over 200,000 people in
0:21:13 > 0:21:18their stores in the UK. The highest proportion of those women. That
0:21:18 > 0:21:23shows the of the agreements, if the case is successful it will be very
0:21:23 > 0:21:28long. Each woman could be due up to £20,000. But this will be fought
0:21:28 > 0:21:34over many, many years because the issues are so fundamental.Very
0:21:34 > 0:21:37interesting. More on our website, two, on that.
0:21:40 > 0:21:43We're going to change to the little bit.
0:21:43 > 0:21:46For many of us, modern life is pretty hectic.
0:21:46 > 0:21:49So the market for products to destress us is big business,
0:21:49 > 0:21:53everything from calming music, herbal drinks or a smartphone app.
0:21:53 > 0:21:55Our next guest says he has the answer.
0:21:55 > 0:21:57Tranquini makes what it says is the first "global
0:21:57 > 0:21:59natural de-stress" drink.
0:21:59 > 0:22:01It was founded in 2014, but has grown quickly.
0:22:01 > 0:22:04It does business in 42 countries and is launching here in the UK.
0:22:04 > 0:22:07Rachel Horne caught up with the boss, Ahmed Elafifi, in London.
0:22:07 > 0:22:11It's a soft drink with a functionality, so it's
0:22:11 > 0:22:18a functional beverage that provides you with ingredients that
0:22:18 > 0:22:20allows you to really deal with your stress and relax.
0:22:20 > 0:22:25When we are stressed, when we have an anxiety attack,
0:22:25 > 0:22:29three vital signs are happening in the body; the heart rate,
0:22:29 > 0:22:31the breathing rate and the neurons, pulsation of the brain,
0:22:31 > 0:22:37is going up.
0:22:37 > 0:22:39When you take ingredients like theanine from green tea
0:22:39 > 0:22:43or chamomile or melissa, what happens is that helps,
0:22:43 > 0:22:46these ingredients help these vital signs to come back to normal.
0:22:46 > 0:22:49So if somebody is having a stressful day at work or at home,
0:22:49 > 0:22:51are you saying drinking your drink will actually calm them down?
0:22:51 > 0:22:56There are a lot of examples of this.
0:22:56 > 0:22:59You know, at work for example they do a lot of speeches,
0:22:59 > 0:23:00presentations, people turn red, they start sweating,
0:23:00 > 0:23:04they have the knot in the stomach, this is an anxiety attack of making
0:23:04 > 0:23:05a big speech.
0:23:05 > 0:23:07If you drink a Tranquini half an hour before,
0:23:07 > 0:23:10this helps you a lot to avoid these symptoms and be more confident
0:23:10 > 0:23:16and more positive and deliver a much better speech or presentation.
0:23:16 > 0:23:19Do you have the scientific research to back that up?
0:23:19 > 0:23:20Absolutely.
0:23:20 > 0:23:25There's a lot of scientific research, very credible,
0:23:25 > 0:23:27about the ingredients, the individual ingredients and also
0:23:27 > 0:23:29the combination and levels of ingredients that supports
0:23:29 > 0:23:32the fact that these ingredients get you to deal
0:23:32 > 0:23:34with the stress and relax.
0:23:34 > 0:23:36How significant is wellness for you?
0:23:36 > 0:23:38It's a real focus today.
0:23:38 > 0:23:41Do you think if you launched the drink ten years ago it
0:23:41 > 0:23:43would have been as successful?
0:23:43 > 0:23:46Yes, today mindful and wellness is very, very important
0:23:46 > 0:23:48for consumers, for people.
0:23:48 > 0:23:54If we look at energy drinks, the real growth of energy drinks
0:23:54 > 0:23:57took place at the end of the '90s and beginning of the 2000s.
0:23:57 > 0:23:59The spirit of the time, the Zeitgeist at that time,
0:23:59 > 0:24:01was all about give me energy.
0:24:01 > 0:24:03"I want to work hard, play hard to compensate",
0:24:03 > 0:24:06and no one was talking about work-life balance,
0:24:06 > 0:24:10mindfulness, wellness like today.
0:24:10 > 0:24:12The spirit of the time today is very, very different
0:24:12 > 0:24:15and we created Tranquini exactly to fit the spirit of the time today.
0:24:16 > 0:24:16Let's talk about the sugar tax.
0:24:23 > 0:24:29We asked you at the start of the programme, Elon Musk launching a
0:24:29 > 0:24:31rocket into space yesterday. You will have seen those pictures, if
0:24:31 > 0:24:35not, they are on the website. We were asking you, would you go to
0:24:35 > 0:24:39space is given the chance question that this is the Elon Musk rocket
0:24:39 > 0:24:45that is reusable, it can land again, the idea is to make space travel a
0:24:45 > 0:24:48bit cheaper and easier. Lots of you getting in touch sending out
0:24:48 > 0:24:53messages about this. One says, hell yes, I'd go to space. Another said,
0:24:53 > 0:24:57send the politicians and their spin doctors into space to see how small
0:24:57 > 0:25:02they really are. These are incredible pictures from space. That
0:25:02 > 0:25:08is a mannequin, a dummy, not a real person.
0:25:08 > 0:25:12We had one tweet that said yes, I wanted to be an astronaut after
0:25:12 > 0:25:16seeing the moon landing aged ten. I was told a girl cannot be an
0:25:16 > 0:25:19astronaut, I want to prove them wrong. That has already been proved
0:25:19 > 0:25:23wrong, plenty of women in space. Another said could I go into space
0:25:23 > 0:25:27quest might yes, I'm curious to go up there and what we could do given
0:25:27 > 0:25:31a bigger space. A few viewers got in touch saying, I
0:25:31 > 0:25:35know who I would send into space but we won't mention those names!
0:25:35 > 0:25:38No, we will leave it to your imagination.
0:25:38 > 0:25:43Just as they are Tesla car is up there in space. Elon Musk will be in
0:25:43 > 0:25:46the news later because Tesla results are released later today. Quite a
0:25:46 > 0:25:50busy agenda for him right now. All of those details for you
0:25:50 > 0:25:54tomorrow on the programme. Thank you for your company today. See you very
0:25:54 > 0:25:56soon. Bye-bye.