0:00:05 > 0:00:07This is Business Live from BBC News with Alice Baxter
0:00:07 > 0:00:12and Sally Bundock.
0:00:12 > 0:00:14The fight for clean air goes to court -
0:00:14 > 0:00:17a landmark ruling on whether cities can ban diesel cars in Germany
0:00:17 > 0:00:19is imminent and being watched closely by the global auto industry.
0:00:19 > 0:00:21Live from London, that's our top story
0:00:21 > 0:00:31on Thursday 22nd February.
0:00:40 > 0:00:43If the ban is approved, other major European
0:00:43 > 0:00:45cities could follow suit.
0:00:45 > 0:00:46It'll be a pivotal moment
0:00:46 > 0:00:48for European citizens as three-quarters of all the world's
0:00:48 > 0:00:54diesel cars driven on their roads.
0:00:54 > 0:00:58Also in the programme,
0:00:58 > 0:00:58Double Dutch.
0:00:58 > 0:01:00Will Unilever ditch the UK for Netherlands
0:01:00 > 0:01:05for its new HQ amidst the uncertainty created by Brexit.
0:01:05 > 0:01:07Markets in Asia sank overnight on fears of further
0:01:08 > 0:01:14US interest rate hikes.
0:01:14 > 0:01:17Here in Europe, the focus is on Q4 earnings in full swing today.
0:01:17 > 0:01:21And we'll be getting the inside track on unleashing
0:01:21 > 0:01:23the Beethoven in your babe.
0:01:23 > 0:01:24Did you know there's a simpler way
0:01:24 > 0:01:26to teach music to your child?
0:01:26 > 0:01:28We speak to the inventor of the novel musical
0:01:28 > 0:01:32instrument Soundbops.
0:01:32 > 0:01:35And we want to know what you think about the diesel debate.
0:01:35 > 0:01:36Are you ditching your diesel?
0:01:36 > 0:01:38Should the government decide whether to ban
0:01:38 > 0:01:39the most polluting vehicles?
0:01:39 > 0:01:40Let us know.
0:01:40 > 0:01:44Just use the hashtag BBCBizLive.
0:01:49 > 0:01:52Hello and welcome to Business Live.
0:01:52 > 0:01:55Europe's car industry is on tenterhooks today,
0:01:55 > 0:02:00awaiting a German court ruling on whether cities are allowed
0:02:00 > 0:02:02to ban diesel cars.
0:02:02 > 0:02:05If it's approved, other big European cities are likely to follow suit.
0:02:05 > 0:02:09In fact some have already made moves.
0:02:09 > 0:02:15The leaders of four major global cities pledged to ban
0:02:15 > 0:02:17all diesel-powered cars and trucks by the middle of the next decade.
0:02:17 > 0:02:20Paris, Mexico City, Madrid and Athens all say they're doing it
0:02:21 > 0:02:25to improve air quality.
0:02:25 > 0:02:28London's mayor Sadiq Khan has introduced a £10
0:02:28 > 0:02:34"toxicity charge" for older petrol and diesel cars.
0:02:34 > 0:02:36And two of London boroughs have banned petrol and diesel
0:02:36 > 0:02:40cars during peak times.
0:02:40 > 0:02:45Oslo is going one step further.
0:02:45 > 0:02:48It plans to ban all cars from its city centre by 2019.
0:02:48 > 0:02:51Nearly three-quarters of all the world's diesel cars
0:02:51 > 0:02:53are driven on European roads, but other highly polluted
0:02:53 > 0:02:57cities and countries are also making big changes.
0:02:57 > 0:03:00Last year, India's government vowed to start
0:03:00 > 0:03:03selling only electric cars by 2030, saying not a single petrol or diesel
0:03:03 > 0:03:11car should be sold after that.
0:03:11 > 0:03:14Our reporter Jenny Hill has been following this story
0:03:14 > 0:03:18from the German capital.
0:03:18 > 0:03:20Good to see you. It's
0:03:20 > 0:03:22Good to see you. It's very interesting this happening today in
0:03:22 > 0:03:26Germany where the car industry is pivotal to the economy and also
0:03:26 > 0:03:32quite a powerful lobby.Absolutely. It's a huge debate because of
0:03:32 > 0:03:35course, there are many here who say that the German government simply
0:03:35 > 0:03:42hasn't done enough and has taken a small German environmental group to
0:03:42 > 0:03:46effectively bring an action against individual German regions. It's a
0:03:46 > 0:03:50complicated process and the end result is that today a court is
0:03:50 > 0:03:55going to rule on whether it is legally possible for German regions,
0:03:55 > 0:03:59German cities, to impose a diesel band. They say they are not going to
0:03:59 > 0:04:03have a court ruling that says you have to get your cars out of the
0:04:03 > 0:04:07city has from today, it's not as simple as that. But it does open the
0:04:07 > 0:04:11door to diesel vehicles being banned from a number of German cities and
0:04:11 > 0:04:17as you say, the knock-on effect is widespread. If cities like Stuttgart
0:04:17 > 0:04:22and Russel Dorf bans certain types of diesel vehicles, many other
0:04:22 > 0:04:31European cities will follow suit -- Dusseldorf. The German population is
0:04:31 > 0:04:35split on whether they think it is a good idea. In one corner there is
0:04:35 > 0:04:39the German love affair with the motor car and the fact that cities
0:04:39 > 0:04:43will be potentially paralysed economic league by such a move. In
0:04:43 > 0:04:48the other corner are the statistics and we had these from the Federal
0:04:48 > 0:04:54Environment Agency saying that is up to 8000 people die every year just
0:04:54 > 0:04:58from cardiovascular diseases linked to nitrogen dioxide emissions. There
0:04:58 > 0:05:03is a huge lobby that says it is time to clean up the air in the cities.
0:05:03 > 0:05:09But at the same time, car-makers in Germany talk about potential job
0:05:09 > 0:05:11losses if radical plans are implemented with regard to diesel
0:05:11 > 0:05:17cars.Yes, and that is a headache for the German government as 800,000
0:05:17 > 0:05:21people are employed by the car industry in Germany. Looking at the
0:05:21 > 0:05:27sales of diesel, they have slid dramatically ever since the
0:05:27 > 0:05:34Volkswagen emissions scandal. Down 45% to 33% of the market this year,
0:05:34 > 0:05:37so it's a huge problem for the manufacturers and another
0:05:37 > 0:05:41interesting statistic is that somebody survey German drivers about
0:05:41 > 0:05:46what they think of the car manufacturing industry and found 87%
0:05:46 > 0:05:50of Germans simply don't trust car manufacturers to reduce emissions
0:05:50 > 0:05:53and that's one of the reasons why we are looking at the judgment today.
0:05:53 > 0:05:58Many will say it is too little, too late. There are other measures in
0:05:58 > 0:06:02place in German cities to try to clean up the air but it's simply not
0:06:02 > 0:06:06enough and is not getting the target down. They still far exceed EU
0:06:06 > 0:06:10guidelines and some will argue those thresholds are far too high in the
0:06:10 > 0:06:13first place. That is why many cities feel that of the judgment goes
0:06:13 > 0:06:16against them today they will have to impose a ban on certain diesel
0:06:16 > 0:06:23vehicles.Jenny, thank you very much. When we do get the
0:06:23 > 0:06:26announcement from the court in Leipzig, we will update you.
0:06:26 > 0:06:29Let's take a look at some of the other stories making the news.
0:06:29 > 0:06:32The British government is bracing for one of the country's biggest
0:06:32 > 0:06:36companies to up sticks.
0:06:36 > 0:06:38Unilever may shift its headquarters to the Netherlands after months
0:06:38 > 0:06:40of political pressure from both sides.
0:06:40 > 0:06:45The company has so far declined to comment.
0:06:45 > 0:06:47Ford says its president for North America - Raj Nair -
0:06:47 > 0:06:48will leave immediately.
0:06:48 > 0:06:52It says an investigation found his behaviour was inconsistent
0:06:52 > 0:06:54with Ford's code of conduct, but wouldn't comment
0:06:54 > 0:06:58on the inappropriate behaviour involved.
0:06:58 > 0:07:04Barclays has reported a 10% rise in annual pre-tax profit
0:07:04 > 0:07:06to $4.9 billion.
0:07:06 > 0:07:09The bank was boosted by a reduction in costs over the year and the rise
0:07:09 > 0:07:18in the value of the dollar and euro against the pound.
0:07:18 > 0:07:22Today is one of those very busy days as so many companies have come out
0:07:22 > 0:07:27with the latest results and announcement. Among them,
0:07:27 > 0:07:30Anglo-American with profits doubling, no surprise there. It's a
0:07:30 > 0:07:36similar story with commodity prices going up. Heathrow reporting
0:07:36 > 0:07:46results, a fall in profits, and revenues were something like $2.9
0:07:46 > 0:07:50billion up, by 3% but pre-tax profit was down. The number of customers
0:07:50 > 0:07:55going through the airport group to 78 million. That is a lot of people.
0:07:55 > 0:08:01If you go to Heathrow, you know about that. The fourth quarter
0:08:01 > 0:08:08earnings out in four -- full swing today.
0:08:08 > 0:08:13Markets have fallen in Asia, following similar moves in the US,
0:08:13 > 0:08:15after the Federal Reserve gave an upbeat view of the economy,
0:08:15 > 0:08:20fuelling fears of more interest rate rises.
0:08:20 > 0:08:22First, let's go to our Asia
0:08:22 > 0:08:23business hub in Singapore where Leisha Santorelli
0:08:23 > 0:08:27is following the story.
0:08:27 > 0:08:32Nice to see you. No surprise in Asia. That is a fear factor, if
0:08:32 > 0:08:39rates go up significantly in the US, Asia is one of the losers.
0:08:39 > 0:08:41Absolutely and we have questions around US inflation and questions
0:08:41 > 0:08:46around what the rates will be for the rest of the year and investors
0:08:46 > 0:08:51in Asia did not find any clarity in the results released earlier so we
0:08:51 > 0:08:56are seeing a lot of risk appetite weakened because of concerns that we
0:08:56 > 0:09:03will see it will go up by more than expected. Markets see a 90% chance
0:09:03 > 0:09:07that federal rates will go up from the March meeting but it was a merry
0:09:07 > 0:09:11picture in the Chinese markets because they have reopened after the
0:09:11 > 0:09:15week-long New Year holiday and they scored their best growth in 18
0:09:15 > 0:09:20months and the investor mentality was to buy. The best performers were
0:09:20 > 0:09:23consumer and transport related stocks like Qantas, and the
0:09:23 > 0:09:27rationale is clear as we saw millions of Chinese take trips
0:09:27 > 0:09:30overseas and they are spending a lot of money shopping and eating out at
0:09:30 > 0:09:36restaurants. Aside from China, pretty dismal in the Asian markets
0:09:36 > 0:09:39but we will see how we go tomorrow. Many thanks for that.
0:09:39 > 0:09:47Most Asian markets sank on Thursday, fuelling fears of fresh volatility
0:09:47 > 0:09:49after Federal Reserve minutes raised expectations US interest
0:09:49 > 0:09:51rates would rise further.
0:09:51 > 0:09:57US stocks were in positive territory most of the session on Wednesday,
0:09:57 > 0:09:59but began falling about 40 minutes after the Federal Reserve
0:09:59 > 0:10:03released the minutes of last month's policy meeting.
0:10:03 > 0:10:06The much-anticipated notes showed the board thought Donald Trump's
0:10:06 > 0:10:09sweeping tax cuts could fire up the already humming economy,
0:10:09 > 0:10:13pushing inflation higher.
0:10:13 > 0:10:15So Tokyo stocks dropped following falls on Wall Street
0:10:15 > 0:10:20as market sentiment remained fragile after recent volatility.
0:10:20 > 0:10:22Here in Europe markets have opened.
0:10:22 > 0:10:25It's busy day on markets with lots of earnings out today -
0:10:25 > 0:10:31Barclays, Centrica, Astrazenica - offering precious indications
0:10:31 > 0:10:34as to whether fourth quarter was indeed a strong vintage.
0:10:34 > 0:10:36Clues are expected on the health of sectors which have suffered
0:10:36 > 0:10:38recently, such as telecoms, utilities or consumer
0:10:38 > 0:10:40staples but also areas where optimism has risen,
0:10:40 > 0:10:43such as banks, thanks to Lloyds, and miners with
0:10:43 > 0:10:45Glencore.
0:10:45 > 0:10:47Joe Miller has the details about what's ahead
0:10:47 > 0:10:51on Wall Street Today.
0:10:51 > 0:10:54On Thursday Hewlett-Packard enterprise company which provides IT
0:10:54 > 0:10:58solution is expected to report a fall in first-quarter revenue and
0:10:58 > 0:11:02profit. It's been heard by lower sales in its networking and data
0:11:02 > 0:11:08storage equipment business. The firm has been trying to find its footing
0:11:08 > 0:11:11after a high-profile executive resigned suddenly last November and
0:11:11 > 0:11:19now it also has another rival to contend with after its nemesis, Dell
0:11:19 > 0:11:22acquired EMC. Hewlett-Packard split into two a few years ago and the
0:11:22 > 0:11:27other half of the HP empire which still makes PCs is expected to fare
0:11:27 > 0:11:36better when it reports its results. And we will see what the tariff
0:11:36 > 0:11:43effect on imports of solar panels is having for US manufacturers as first
0:11:43 > 0:11:55Sola reveals its accounts.Mike is a managing director at Pimco, and it's
0:11:55 > 0:12:00really busy.Better to be busy than not. We don't mind busy.Let's talk
0:12:00 > 0:12:07about Barclays Bank, various issues, PPI still bothering it, the payment
0:12:07 > 0:12:14protection scandal.Barclays Bank and a lot of the UK banks have a
0:12:14 > 0:12:17similar story which is the actual bank itself is now doing very well
0:12:17 > 0:12:22and you saw a 10% rise in underlying profit, £3.5 billion made last year
0:12:22 > 0:12:27so the company is doing well and yet they still have these ongoing fines
0:12:27 > 0:12:32from things they did in the past, the sins of the past, so to speak,
0:12:32 > 0:12:37so you have this drag which has put pressure on their share price, and
0:12:37 > 0:12:42even now it's down 10% over the last 12 months but today's news was taken
0:12:42 > 0:12:45pretty well because may leave the underlying bank itself, if you look
0:12:45 > 0:12:50forward, things are going well and profits are up so the stock was up
0:12:50 > 0:12:56at 4%.They also pledging to restore their dividend pay-out.That will do
0:12:56 > 0:12:59the share price wonders. That's another indication of the health of
0:12:59 > 0:13:04the company. Once you get back to dividend growth, and potential
0:13:04 > 0:13:08buy-backs, that's a good indication that the company is fully
0:13:08 > 0:13:11capitalised, comfortable with the growth story and they feel they can
0:13:11 > 0:13:16look forward.In the meantime, companies like Centrica, 4000 jobs
0:13:16 > 0:13:24going.Not a good story, unfortunately. 4000 job losses this
0:13:24 > 0:13:30time Centrica and there are a couple of stories going round and one say
0:13:30 > 0:13:34this might be to do with the utility price bill which has been in the
0:13:34 > 0:13:39news in the last few years and they are trying to cut costs now, which
0:13:39 > 0:13:45means job losses so they have announced job losses. They will try
0:13:45 > 0:13:49to do that in the next 12 months to get the costs down and profitability
0:13:49 > 0:13:52up, and ideally get the utility bills down as well.Absolutely.
0:13:52 > 0:14:00Mike, thank you for now. Mike, or we will come back to stories about
0:14:00 > 0:14:08Unilever moving headquarters. Stick around for that. As well as Mike.
0:14:08 > 0:14:10How to unleash the Beethoven in your babe.
0:14:10 > 0:14:13There's a simpler way
0:14:13 > 0:14:16to teach music to you child based on building blocks and
0:14:16 > 0:14:17we speak to the creator.
0:14:17 > 0:14:20And we might have a play as well. That is all coming.
0:14:28 > 0:14:32Let's talk more about Centrica.
0:14:32 > 0:14:35British Gas owner Centrica has announced today that it's cutting
0:14:35 > 0:14:434,000 jobs after losing 10% of it's UK customers last year.
0:14:43 > 0:14:45Group profits also fell 17% last year to £1.25bn.
0:14:45 > 0:14:46Earlier, our business correspondent, Emma Simpson,
0:14:46 > 0:14:53spoke to Centrica's chief executive, Iain Conn.
0:14:53 > 0:14:57We have announced further efficiency measures that we are driving. We did
0:14:57 > 0:15:01announce all so that we have achieved our first phase of
0:15:01 > 0:15:06efficiencies, three years early. But the reason we announced a further
0:15:06 > 0:15:12£500 million per year of planned efficiencies in 2020, regrettably,
0:15:12 > 0:15:17another 4000 job losses as well, is in response to three things.
0:15:17 > 0:15:21Firstly, competition is very intense and the second thing is that our
0:15:21 > 0:15:24customers are actually interacting with others in a different way,
0:15:24 > 0:15:35moving more to digital which is changing the way and then the third
0:15:35 > 0:15:38reason is to drive more efficiencies in advance of the likely price cap
0:15:38 > 0:15:45in the UK.So there is a direct link between the job cuts and the looming
0:15:45 > 0:15:50price cap? Presumably to give you a bit more headroom?As I say, it is
0:15:50 > 0:15:53three reasons. It's about competition and what customers want,
0:15:53 > 0:15:57but there is a third reason, there is a link between cost efficiency
0:15:57 > 0:16:02programmes and preparing for any price gap in the UK. We have got to
0:16:02 > 0:16:04be competitive, and this measure means we have to drive more
0:16:04 > 0:16:05efficiency.
0:16:16 > 0:16:22Iain Conn talking to our correspondent. Much more about
0:16:22 > 0:16:29Centrica on the Business Live page. Something else to mention. I know
0:16:29 > 0:16:33that we have it on our business pages, the auditors of Carillion
0:16:33 > 0:16:37will face a grilling in front of politicians today. Another one to
0:16:37 > 0:16:46watch. Two select committees will also question to light and the
0:16:46 > 0:16:50pensions regulator as part of the joint inquiry into the crisis that's
0:16:50 > 0:16:55been going on since its collapse. The work and pensions and business
0:16:55 > 0:17:00committee says it has a growing pile of evidence, the accounting firm
0:17:00 > 0:17:06also facing investigation by the accounting Council over that.
0:17:06 > 0:17:08You're watching Business Live.
0:17:08 > 0:17:09Our top story.
0:17:09 > 0:17:11The fight for clean air goes to court -
0:17:11 > 0:17:16we await a landmark German
0:17:16 > 0:17:18ruling on whether cities can ban diesel cars.
0:17:18 > 0:17:20It's being watched closely by the global auto industry
0:17:20 > 0:17:26and other big European cities.
0:17:26 > 0:17:30Because most diesel cars are driven on European roads.
0:17:30 > 0:17:35Learning a new musical instrument can be a chore,
0:17:35 > 0:17:37espcially if you're a young child.
0:17:37 > 0:17:42I know I found it difficult!
0:17:42 > 0:17:43the piano or violin.
0:17:43 > 0:17:45But musicality starts young, so are traditional
0:17:45 > 0:17:47techniques too tough?
0:17:47 > 0:17:49Our next guest is the brains behind a new type
0:17:49 > 0:17:59of music education devise that is based on building blocks.
0:18:00 > 0:18:01Soundbops aims to tap the $63 billion market
0:18:01 > 0:18:03for educational technology.
0:18:03 > 0:18:04Its founder won the Royal Academy of
0:18:04 > 0:18:06Engineering's Launchpad competition in 2016.
0:18:06 > 0:18:08The musical toy is in the final stages of design,
0:18:08 > 0:18:11with the first batch due to be delivered in time
0:18:11 > 0:18:12for this Christmas.
0:18:12 > 0:18:17Would imagine that's pretty critical. The award winner,
0:18:17 > 0:18:21Soundbops CEO and creator Michael Tougher joins us now.
0:18:21 > 0:18:26you have the one that hopefully will be on sale at Christmas, in the
0:18:26 > 0:18:29meantime we've got one here that we can play with. This is the first
0:18:29 > 0:18:37prototype. You can tell we're very musical! Tell me why this will help
0:18:37 > 0:18:41me learn to play an instrument because to me it just looks like
0:18:41 > 0:18:46mice colourful things that make a sound. You said as a child who
0:18:46 > 0:18:51learned the violin, how do you make that link?Playing instruments is
0:18:51 > 0:18:57hard, so early, when you are three, four or five years old you have a
0:18:57 > 0:19:01positive introduction to music, you learn the notes and cause gum you
0:19:01 > 0:19:06play with your family and friends. You learn the fundamentals and also
0:19:06 > 0:19:10the notations are when you move to an instrument you have that backing
0:19:10 > 0:19:15and you can choose which one to learn.I've got three boys, Alice
0:19:15 > 0:19:20has one, we've had tonnes of toys that make noises, building blocks,
0:19:20 > 0:19:25things you bash, things you play, including smart devices that all
0:19:25 > 0:19:29make noises, and buttons that you push, how is this different? How
0:19:29 > 0:19:33will this make a difference to children learning a musical
0:19:33 > 0:19:39instrument?As you know, lots of toys make lots of noises. We do have
0:19:39 > 0:19:43a headphone socket! Each block is a different note, so when the child is
0:19:43 > 0:19:47exploring, they are learning which lets go together, which chords go
0:19:47 > 0:19:53together. So you can transfer that noise.Assuming a child of three
0:19:53 > 0:20:00known the letters, some don't.A young child learns colours and as
0:20:00 > 0:20:04the child grows older, they can start to learn the letters and
0:20:04 > 0:20:07understand how they all work together. It's that positive
0:20:07 > 0:20:12introduction to music.This is a very young kids, starting aged about
0:20:12 > 0:20:19three. How did you get going in this because you won this competition in
0:20:19 > 0:20:242016 which gave you some cash and some fallible mentoring. Yet you got
0:20:24 > 0:20:29your initial £50,000 which enabled you to build this prototype from
0:20:29 > 0:20:33Twitter?Yes, we are active on Twitter, we have been shedding a lot
0:20:33 > 0:20:41about the product and a Belgian company invests in music, phoned me,
0:20:41 > 0:20:45went and invested quickly. I have been brushing up on my French, it's
0:20:45 > 0:20:49been a lot of fun. They see a lot of value in this product, and in the
0:20:49 > 0:20:53market, and they've partnered with me on this, which has allowed us to
0:20:53 > 0:21:02launch the kick starter. We are 30% to our target in a few days.I asked
0:21:02 > 0:21:07you in the green room how much it would cost and you told me £70.
0:21:07 > 0:21:12That's quite a lot of money for a toy that may or may not teach your
0:21:12 > 0:21:20child how to play an instrument aged three.The ability to have a young
0:21:20 > 0:21:24child playing songs and three is valuable for parents. It is very
0:21:24 > 0:21:28much like languages, there's a gap when a young child can get
0:21:28 > 0:21:32interested, so the value of music is that it gets the kid into music
0:21:32 > 0:21:36early so they can enjoy that for life. And it's a very innovative
0:21:36 > 0:21:43high quality product. And as we grow and create other products...You are
0:21:43 > 0:21:48a guitarist as well.Guitar, my dad taught me get out when I was younger
0:21:48 > 0:21:53and as a family we played and sang together. I want all children do
0:21:53 > 0:21:58have the joy of music when they are younger.Fascinating stuff. Thank
0:21:58 > 0:22:11you for coming in, Michael.
0:22:12 > 0:22:15In a moment we'll take a look through the Business Pages but first
0:22:15 > 0:22:18here's a quick reminder of how to get in touch with us.
0:22:19 > 0:22:25Stay up-to-date with all the news on the BBC's business live page,
0:22:25 > 0:22:28up-to-date analysis from our team of editors around the globe. And we
0:22:28 > 0:22:36want to hear from you as well, get involved. You can contact us on
0:22:36 > 0:22:47Twitter and on Facebook.
0:22:50 > 0:22:56Business Live. What you need to know, when you need to know. That's
0:22:56 > 0:23:01sound like similar Hussein from New York. I'm right! We asked you to
0:23:01 > 0:23:15tell us what you thought about the decisions being taken in Germany. Is
0:23:15 > 0:23:18back. Should governments tell us what we can and can't drive in
0:23:18 > 0:23:24cities?If you take the UK example it's unfortunate because we were
0:23:24 > 0:23:29encouraged to buy diesel cars. I bought one. And now unfortunately we
0:23:29 > 0:23:35are told that they are not good... With you ditch yours, I am ditching
0:23:35 > 0:23:47mine.We've got an electric car as well. Diesel cars can be expensive
0:23:47 > 0:23:54to sell.Hot topic. We've had loads of tweets. One suggests that
0:23:54 > 0:23:56developing countries would expect subsidies from the government as
0:23:56 > 0:24:02external support to start buying electric vehicles is expensive,
0:24:02 > 0:24:06another one, from Shaun Perry, says the government should not start
0:24:06 > 0:24:11implementing changes on banning diesel cars. One viewers says why is
0:24:11 > 0:24:16it not OK for us little people to drive diesel cars and big people to
0:24:16 > 0:24:20operate jets in the skies every day. Many of you have been in touch,
0:24:20 > 0:24:25thank you so much for getting in touch. Now the other stories.
0:24:25 > 0:24:31Theresa May braced for the Unilever decision on headquarters. Unilever
0:24:31 > 0:24:36is a massive company. It's perhaps moving its HQ to the Netherlands.
0:24:36 > 0:24:41You don't believe this is a Brexit story though?It is not necessarily
0:24:41 > 0:24:48a Brexit story. At the moment Unilever has a headquarters in the
0:24:48 > 0:24:52UK and one in Holland and they are deciding to have one single
0:24:52 > 0:24:57headquarters. I think that pressure has come more from shareholders,
0:24:57 > 0:25:02there was a takeover attempt by Kraft Heinz last year, and I think
0:25:02 > 0:25:06this is more about cost pressure than about Brexit. They have to
0:25:06 > 0:25:12choose a headquarters. It happens to come at a time when Brexit is in
0:25:12 > 0:25:17full flow although I think this is as much about cost is about Brexit.
0:25:17 > 0:25:23It would have happened anyway?The decision is to go to one place with
0:25:23 > 0:25:29one capital.And another story claims the antidepressants actually
0:25:29 > 0:25:35do work. Music to the years of the pharmaceutical industry?Yes, and
0:25:35 > 0:25:39also to the ears of people who need these treatments. It's a big issue
0:25:39 > 0:25:46and hopefully this study has put to bed a question of whether they work
0:25:46 > 0:25:50or not.Presumably they will be more widely prescribed, which will be
0:25:50 > 0:25:59more costly to the NHS.The study was pretty in-depth.Will have to
0:25:59 > 0:26:04leave it there, many thanks to Mike Amey. From Sally and I, many thanks
0:26:04 > 0:26:05for joining us