22/02/2018 BBC Business Live


22/02/2018

A look at the global business stories.


Similar Content

Browse content similar to 22/02/2018. Check below for episodes and series from the same categories and more!

Transcript


LineFromTo

This is Business Live from BBC

News with Alice Baxter

0:00:050:00:07

and Sally Bundock.

0:00:070:00:12

The fight for clean

air goes to court -

0:00:120:00:14

a landmark ruling on whether cities

can ban diesel cars in Germany

0:00:140:00:17

is imminent and being watched

closely by the global auto industry.

0:00:170:00:19

Live from London,

that's our top story

0:00:190:00:21

on Thursday 22nd February.

0:00:210:00:31

If the ban is approved,

other major European

0:00:400:00:43

cities could follow suit.

0:00:430:00:45

It'll be a pivotal moment

0:00:450:00:46

for European citizens

as three-quarters of all the world's

0:00:460:00:48

diesel cars driven on their roads.

0:00:480:00:54

Also in the programme,

0:00:540:00:58

Double Dutch.

0:00:580:00:58

Will Unilever ditch

the UK for Netherlands

0:00:580:01:00

for its new HQ amidst

the uncertainty created by Brexit.

0:01:000:01:05

Markets in Asia sank

overnight on fears of further

0:01:050:01:07

US interest rate hikes.

0:01:080:01:14

Here in Europe, the focus is on Q4

earnings in full swing today.

0:01:140:01:17

And we'll be getting

the inside track on unleashing

0:01:170:01:21

the Beethoven in your babe.

0:01:210:01:23

Did you know there's a simpler way

0:01:230:01:24

to teach music to your child?

0:01:240:01:26

We speak to the inventor

of the novel musical

0:01:260:01:28

instrument Soundbops.

0:01:280:01:32

And we want to know what you think

about the diesel debate.

0:01:320:01:35

Are you ditching your diesel?

0:01:350:01:36

Should the government

decide whether to ban

0:01:360:01:38

the most polluting vehicles?

0:01:380:01:39

Let us know.

0:01:390:01:40

Just use the hashtag BBCBizLive.

0:01:400:01:44

Hello and welcome to Business Live.

0:01:490:01:52

Europe's car industry

is on tenterhooks today,

0:01:520:01:55

awaiting a German court ruling

on whether cities are allowed

0:01:550:02:00

to ban diesel cars.

0:02:000:02:02

If it's approved, other big European

cities are likely to follow suit.

0:02:020:02:05

In fact some have

already made moves.

0:02:050:02:09

The leaders of four major global

cities pledged to ban

0:02:090:02:15

all diesel-powered cars and trucks

by the middle of the next decade.

0:02:150:02:17

Paris, Mexico City, Madrid

and Athens all say they're doing it

0:02:170:02:20

to improve air quality.

0:02:210:02:25

London's mayor Sadiq Khan

has introduced a £10

0:02:250:02:28

"toxicity charge" for older petrol

and diesel cars.

0:02:280:02:34

And two of London boroughs have

banned petrol and diesel

0:02:340:02:36

cars during peak times.

0:02:360:02:40

Oslo is going one step further.

0:02:400:02:45

It plans to ban all cars

from its city centre by 2019.

0:02:450:02:48

Nearly three-quarters

of all the world's diesel cars

0:02:480:02:51

are driven on European roads,

but other highly polluted

0:02:510:02:53

cities and countries

are also making big changes.

0:02:530:02:57

Last year,

India's government vowed to start

0:02:570:03:00

selling only electric cars by 2030,

saying not a single petrol or diesel

0:03:000:03:03

car should be sold after that.

0:03:030:03:11

Our reporter Jenny Hill has been

following this story

0:03:110:03:14

from the German capital.

0:03:140:03:18

Good to see you. It's

0:03:180:03:20

Good to see you. It's very

interesting this happening today in

0:03:200:03:22

Germany where the car industry is

pivotal to the economy and also

0:03:220:03:26

quite a powerful lobby.

Absolutely.

It's a huge debate because of

0:03:260:03:32

course, there are many here who say

that the German government simply

0:03:320:03:35

hasn't done enough and has taken a

small German environmental group to

0:03:350:03:42

effectively bring an action against

individual German regions. It's a

0:03:420:03:46

complicated process and the end

result is that today a court is

0:03:460:03:50

going to rule on whether it is

legally possible for German regions,

0:03:500:03:55

German cities, to impose a diesel

band. They say they are not going to

0:03:550:03:59

have a court ruling that says you

have to get your cars out of the

0:03:590:04:03

city has from today, it's not as

simple as that. But it does open the

0:04:030:04:07

door to diesel vehicles being banned

from a number of German cities and

0:04:070:04:11

as you say, the knock-on effect is

widespread. If cities like Stuttgart

0:04:110:04:17

and Russel Dorf bans certain types

of diesel vehicles, many other

0:04:170:04:22

European cities will follow suit --

Dusseldorf. The German population is

0:04:220:04:31

split on whether they think it is a

good idea. In one corner there is

0:04:310:04:35

the German love affair with the

motor car and the fact that cities

0:04:350:04:39

will be potentially paralysed

economic league by such a move. In

0:04:390:04:43

the other corner are the statistics

and we had these from the Federal

0:04:430:04:48

Environment Agency saying that is up

to 8000 people die every year just

0:04:480:04:54

from cardiovascular diseases linked

to nitrogen dioxide emissions. There

0:04:540:04:58

is a huge lobby that says it is time

to clean up the air in the cities.

0:04:580:05:03

But at the same time, car-makers in

Germany talk about potential job

0:05:030:05:09

losses if radical plans are

implemented with regard to diesel

0:05:090:05:11

cars.

Yes, and that is a headache

for the German government as 800,000

0:05:110:05:17

people are employed by the car

industry in Germany. Looking at the

0:05:170:05:21

sales of diesel, they have slid

dramatically ever since the

0:05:210:05:27

Volkswagen emissions scandal. Down

45% to 33% of the market this year,

0:05:270:05:34

so it's a huge problem for the

manufacturers and another

0:05:340:05:37

interesting statistic is that

somebody survey German drivers about

0:05:370:05:41

what they think of the car

manufacturing industry and found 87%

0:05:410:05:46

of Germans simply don't trust car

manufacturers to reduce emissions

0:05:460:05:50

and that's one of the reasons why we

are looking at the judgment today.

0:05:500:05:53

Many will say it is too little, too

late. There are other measures in

0:05:530:05:58

place in German cities to try to

clean up the air but it's simply not

0:05:580:06:02

enough and is not getting the target

down. They still far exceed EU

0:06:020:06:06

guidelines and some will argue those

thresholds are far too high in the

0:06:060:06:10

first place. That is why many cities

feel that of the judgment goes

0:06:100:06:13

against them today they will have to

impose a ban on certain diesel

0:06:130:06:16

vehicles.

Jenny, thank you very

much. When we do get the

0:06:160:06:23

announcement from the court in

Leipzig, we will update you.

0:06:230:06:26

Let's take a look at some of

the other stories making the news.

0:06:260:06:29

The British government is bracing

for one of the country's biggest

0:06:290:06:32

companies to up sticks.

0:06:320:06:36

Unilever may shift its headquarters

to the Netherlands after months

0:06:360:06:38

of political pressure

from both sides.

0:06:380:06:40

The company has so far

declined to comment.

0:06:400:06:45

Ford says its president

for North America - Raj Nair -

0:06:450:06:47

will leave immediately.

0:06:470:06:48

It says an investigation

found his behaviour was inconsistent

0:06:480:06:52

with Ford's code of conduct,

but wouldn't comment

0:06:520:06:54

on the inappropriate

behaviour involved.

0:06:540:06:58

Barclays has reported a 10% rise

in annual pre-tax profit

0:06:580:07:04

to $4.9 billion.

0:07:040:07:06

The bank was boosted by a reduction

in costs over the year and the rise

0:07:060:07:09

in the value of the dollar and euro

against the pound.

0:07:090:07:18

Today is one of those very busy days

as so many companies have come out

0:07:180:07:22

with the latest results and

announcement. Among them,

0:07:220:07:27

Anglo-American with profits

doubling, no surprise there. It's a

0:07:270:07:30

similar story with commodity prices

going up. Heathrow reporting

0:07:300:07:36

results, a fall in profits, and

revenues were something like $2.9

0:07:360:07:46

billion up, by 3% but pre-tax profit

was down. The number of customers

0:07:460:07:50

going through the airport group to

78 million. That is a lot of people.

0:07:500:07:55

If you go to Heathrow, you know

about that. The fourth quarter

0:07:550:08:01

earnings out in four -- full swing

today.

0:08:010:08:08

Markets have fallen in Asia,

following similar moves in the US,

0:08:080:08:13

after the Federal Reserve gave

an upbeat view of the economy,

0:08:130:08:15

fuelling fears of more

interest rate rises.

0:08:150:08:20

First, let's go to our Asia

0:08:200:08:22

business hub in Singapore

where Leisha Santorelli

0:08:220:08:23

is following the story.

0:08:230:08:27

Nice to see you. No surprise in

Asia. That is a fear factor, if

0:08:270:08:32

rates go up significantly in the US,

Asia is one of the losers.

0:08:320:08:39

Absolutely and we have questions

around US inflation and questions

0:08:390:08:41

around what the rates will be for

the rest of the year and investors

0:08:410:08:46

in Asia did not find any clarity in

the results released earlier so we

0:08:460:08:51

are seeing a lot of risk appetite

weakened because of concerns that we

0:08:510:08:56

will see it will go up by more than

expected. Markets see a 90% chance

0:08:560:09:03

that federal rates will go up from

the March meeting but it was a merry

0:09:030:09:07

picture in the Chinese markets

because they have reopened after the

0:09:070:09:11

week-long New Year holiday and they

scored their best growth in 18

0:09:110:09:15

months and the investor mentality

was to buy. The best performers were

0:09:150:09:20

consumer and transport related

stocks like Qantas, and the

0:09:200:09:23

rationale is clear as we saw

millions of Chinese take trips

0:09:230:09:27

overseas and they are spending a lot

of money shopping and eating out at

0:09:270:09:30

restaurants. Aside from China,

pretty dismal in the Asian markets

0:09:300:09:36

but we will see how we go tomorrow.

Many thanks for that.

0:09:360:09:39

Most Asian markets sank on Thursday,

fuelling fears of fresh volatility

0:09:390:09:47

after Federal Reserve minutes raised

expectations US interest

0:09:470:09:49

rates would rise further.

0:09:490:09:51

US stocks were in positive territory

most of the session on Wednesday,

0:09:510:09:57

but began falling about 40 minutes

after the Federal Reserve

0:09:570:09:59

released the minutes of last

month's policy meeting.

0:09:590:10:03

The much-anticipated notes showed

the board thought Donald Trump's

0:10:030:10:06

sweeping tax cuts could fire up

the already humming economy,

0:10:060:10:09

pushing inflation higher.

0:10:090:10:13

So Tokyo stocks dropped

following falls on Wall Street

0:10:130:10:15

as market sentiment remained fragile

after recent volatility.

0:10:150:10:20

Here in Europe markets have opened.

0:10:200:10:22

It's busy day on markets

with lots of earnings out today -

0:10:220:10:25

Barclays, Centrica, Astrazenica -

offering precious indications

0:10:250:10:31

as to whether fourth quarter

was indeed a strong vintage.

0:10:310:10:34

Clues are expected on the health

of sectors which have suffered

0:10:340:10:36

recently, such as telecoms,

utilities or consumer

0:10:360:10:38

staples but also areas

where optimism has risen,

0:10:380:10:40

such as banks, thanks

to Lloyds, and miners with

0:10:400:10:43

Glencore.

0:10:430:10:45

Joe Miller has the details

about what's ahead

0:10:450:10:47

on Wall Street Today.

0:10:470:10:51

On Thursday Hewlett-Packard

enterprise company which provides IT

0:10:510:10:54

solution is expected to report a

fall in first-quarter revenue and

0:10:540:10:58

profit. It's been heard by lower

sales in its networking and data

0:10:580:11:02

storage equipment business. The firm

has been trying to find its footing

0:11:020:11:08

after a high-profile executive

resigned suddenly last November and

0:11:080:11:11

now it also has another rival to

contend with after its nemesis, Dell

0:11:110:11:19

acquired EMC. Hewlett-Packard split

into two a few years ago and the

0:11:190:11:22

other half of the HP empire which

still makes PCs is expected to fare

0:11:220:11:27

better when it reports its results.

And we will see what the tariff

0:11:270:11:36

effect on imports of solar panels is

having for US manufacturers as first

0:11:360:11:43

Sola reveals its accounts.

Mike is a

managing director at Pimco, and it's

0:11:430:11:55

really busy.

Better to be busy than

not. We don't mind busy.

Let's talk

0:11:550:12:00

about Barclays Bank, various issues,

PPI still bothering it, the payment

0:12:000:12:07

protection scandal.

Barclays Bank

and a lot of the UK banks have a

0:12:070:12:14

similar story which is the actual

bank itself is now doing very well

0:12:140:12:17

and you saw a 10% rise in underlying

profit, £3.5 billion made last year

0:12:170:12:22

so the company is doing well and yet

they still have these ongoing fines

0:12:220:12:27

from things they did in the past,

the sins of the past, so to speak,

0:12:270:12:32

so you have this drag which has put

pressure on their share price, and

0:12:320:12:37

even now it's down 10% over the last

12 months but today's news was taken

0:12:370:12:42

pretty well because may leave the

underlying bank itself, if you look

0:12:420:12:45

forward, things are going well and

profits are up so the stock was up

0:12:450:12:50

at 4%.

They also pledging to restore

their dividend pay-out.

That will do

0:12:500:12:56

the share price wonders. That's

another indication of the health of

0:12:560:12:59

the company. Once you get back to

dividend growth, and potential

0:12:590:13:04

buy-backs, that's a good indication

that the company is fully

0:13:040:13:08

capitalised, comfortable with the

growth story and they feel they can

0:13:080:13:11

look forward.

In the meantime,

companies like Centrica, 4000 jobs

0:13:110:13:16

going.

Not a good story,

unfortunately. 4000 job losses this

0:13:160:13:24

time Centrica and there are a couple

of stories going round and one say

0:13:240:13:30

this might be to do with the utility

price bill which has been in the

0:13:300:13:34

news in the last few years and they

are trying to cut costs now, which

0:13:340:13:39

means job losses so they have

announced job losses. They will try

0:13:390:13:45

to do that in the next 12 months to

get the costs down and profitability

0:13:450:13:49

up, and ideally get the utility

bills down as well.

Absolutely.

0:13:490:13:52

Mike, thank you for now. Mike, or we

will come back to stories about

0:13:520:14:00

Unilever moving headquarters. Stick

around for that. As well as Mike.

0:14:000:14:08

How to unleash the

Beethoven in your babe.

0:14:080:14:10

There's a simpler way

0:14:100:14:13

to teach music to you child based

on building blocks and

0:14:130:14:16

we speak to the creator.

0:14:160:14:17

And we might have a play as well.

That is all coming.

0:14:170:14:20

Let's talk more about Centrica.

0:14:280:14:32

British Gas owner Centrica has

announced today that it's cutting

0:14:320:14:35

4,000 jobs after losing 10% of it's

UK customers last year.

0:14:350:14:43

Group profits also fell 17%

last year to £1.25bn.

0:14:430:14:45

Earlier, our business

correspondent, Emma Simpson,

0:14:450:14:46

spoke to Centrica's chief

executive, Iain Conn.

0:14:460:14:53

We have announced further efficiency

measures that we are driving. We did

0:14:530:14:57

announce all so that we have

achieved our first phase of

0:14:570:15:01

efficiencies, three years early. But

the reason we announced a further

0:15:010:15:06

£500 million per year of planned

efficiencies in 2020, regrettably,

0:15:060:15:12

another 4000 job losses as well, is

in response to three things.

0:15:120:15:17

Firstly, competition is very intense

and the second thing is that our

0:15:170:15:21

customers are actually interacting

with others in a different way,

0:15:210:15:24

moving more to digital which is

changing the way and then the third

0:15:240:15:35

reason is to drive more efficiencies

in advance of the likely price cap

0:15:350:15:38

in the UK.

So there is a direct link

between the job cuts and the looming

0:15:380:15:45

price cap? Presumably to give you a

bit more headroom?

As I say, it is

0:15:450:15:50

three reasons. It's about

competition and what customers want,

0:15:500:15:53

but there is a third reason, there

is a link between cost efficiency

0:15:530:15:57

programmes and preparing for any

price gap in the UK. We have got to

0:15:570:16:02

be competitive, and this measure

means we have to drive more

0:16:020:16:04

efficiency.

0:16:040:16:05

Iain Conn talking to our

correspondent. Much more about

0:16:160:16:22

Centrica on the Business Live page.

Something else to mention. I know

0:16:220:16:29

that we have it on our business

pages, the auditors of Carillion

0:16:290:16:33

will face a grilling in front of

politicians today. Another one to

0:16:330:16:37

watch. Two select committees will

also question to light and the

0:16:370:16:46

pensions regulator as part of the

joint inquiry into the crisis that's

0:16:460:16:50

been going on since its collapse.

The work and pensions and business

0:16:500:16:55

committee says it has a growing pile

of evidence, the accounting firm

0:16:550:17:00

also facing investigation by the

accounting Council over that.

0:17:000:17:06

You're watching Business Live.

0:17:060:17:08

Our top story.

0:17:080:17:09

The fight

for clean air goes to court -

0:17:090:17:11

we await a landmark German

0:17:110:17:16

ruling on whether cities

can ban diesel cars.

0:17:160:17:18

It's being watched closely

by the global auto industry

0:17:180:17:20

and other big European cities.

0:17:200:17:26

Because most diesel cars are driven

on European roads.

0:17:260:17:30

Learning a new musical

instrument can be a chore,

0:17:300:17:35

espcially if you're a young child.

0:17:350:17:37

I know I found it difficult!

0:17:370:17:42

the piano or violin.

0:17:420:17:43

But musicality starts

young, so are traditional

0:17:430:17:45

techniques too tough?

0:17:450:17:47

Our next guest is the brains

behind a new type

0:17:470:17:49

of music education devise

that is based on building blocks.

0:17:490:17:59

Soundbops aims to tap

the $63 billion market

0:18:000:18:01

for educational technology.

0:18:010:18:03

Its founder won the Royal Academy of

0:18:030:18:04

Engineering's Launchpad

competition in 2016.

0:18:040:18:06

The musical toy is in

the final stages of design,

0:18:060:18:08

with the first batch due to be

delivered in time

0:18:080:18:11

for this Christmas.

0:18:110:18:12

Would imagine that's pretty

critical. The award winner,

0:18:120:18:17

Soundbops CEO and creator

Michael Tougher joins us now.

0:18:170:18:21

you have the one that hopefully will

be on sale at Christmas, in the

0:18:210:18:26

meantime we've got one here that we

can play with. This is the first

0:18:260:18:29

prototype. You can tell we're very

musical! Tell me why this will help

0:18:290:18:37

me learn to play an instrument

because to me it just looks like

0:18:370:18:41

mice colourful things that make a

sound. You said as a child who

0:18:410:18:46

learned the violin, how do you make

that link?

Playing instruments is

0:18:460:18:51

hard, so early, when you are three,

four or five years old you have a

0:18:510:18:57

positive introduction to music, you

learn the notes and cause gum you

0:18:570:19:01

play with your family and friends.

You learn the fundamentals and also

0:19:010:19:06

the notations are when you move to

an instrument you have that backing

0:19:060:19:10

and you can choose which one to

learn.

I've got three boys, Alice

0:19:100:19:15

has one, we've had tonnes of toys

that make noises, building blocks,

0:19:150:19:20

things you bash, things you play,

including smart devices that all

0:19:200:19:25

make noises, and buttons that you

push, how is this different? How

0:19:250:19:29

will this make a difference to

children learning a musical

0:19:290:19:33

instrument?

As you know, lots of

toys make lots of noises. We do have

0:19:330:19:39

a headphone socket! Each block is a

different note, so when the child is

0:19:390:19:43

exploring, they are learning which

lets go together, which chords go

0:19:430:19:47

together. So you can transfer that

noise.

Assuming a child of three

0:19:470:19:53

known the letters, some don't.

A

young child learns colours and as

0:19:530:20:00

the child grows older, they can

start to learn the letters and

0:20:000:20:04

understand how they all work

together. It's that positive

0:20:040:20:07

introduction to music.

This is a

very young kids, starting aged about

0:20:070:20:12

three. How did you get going in this

because you won this competition in

0:20:120:20:19

2016 which gave you some cash and

some fallible mentoring. Yet you got

0:20:190:20:24

your initial £50,000 which enabled

you to build this prototype from

0:20:240:20:29

Twitter?

Yes, we are active on

Twitter, we have been shedding a lot

0:20:290:20:33

about the product and a Belgian

company invests in music, phoned me,

0:20:330:20:41

went and invested quickly. I have

been brushing up on my French, it's

0:20:410:20:45

been a lot of fun. They see a lot of

value in this product, and in the

0:20:450:20:49

market, and they've partnered with

me on this, which has allowed us to

0:20:490:20:53

launch the kick starter. We are 30%

to our target in a few days.

I asked

0:20:530:21:02

you in the green room how much it

would cost and you told me £70.

0:21:020:21:07

That's quite a lot of money for a

toy that may or may not teach your

0:21:070:21:12

child how to play an instrument aged

three.

The ability to have a young

0:21:120:21:20

child playing songs and three is

valuable for parents. It is very

0:21:200:21:24

much like languages, there's a gap

when a young child can get

0:21:240:21:28

interested, so the value of music is

that it gets the kid into music

0:21:280:21:32

early so they can enjoy that for

life. And it's a very innovative

0:21:320:21:36

high quality product. And as we grow

and create other products...

You are

0:21:360:21:43

a guitarist as well.

Guitar, my dad

taught me get out when I was younger

0:21:430:21:48

and as a family we played and sang

together. I want all children do

0:21:480:21:53

have the joy of music when they are

younger.

Fascinating stuff. Thank

0:21:530:21:58

you for coming in, Michael.

0:21:580:22:11

In a moment we'll take a look

through the Business Pages but first

0:22:120:22:15

here's a quick reminder of how

to get in touch with us.

0:22:150:22:18

Stay up-to-date with all the news on

the BBC's business live page,

0:22:190:22:25

up-to-date analysis from our team of

editors around the globe. And we

0:22:250:22:28

want to hear from you as well, get

involved. You can contact us on

0:22:280:22:36

Twitter and on Facebook.

0:22:360:22:47

Business Live. What you need to

know, when you need to know. That's

0:22:500:22:56

sound like similar Hussein from New

York. I'm right! We asked you to

0:22:560:23:01

tell us what you thought about the

decisions being taken in Germany. Is

0:23:010:23:15

back. Should governments tell us

what we can and can't drive in

0:23:150:23:18

cities?

If you take the UK example

it's unfortunate because we were

0:23:180:23:24

encouraged to buy diesel cars. I

bought one. And now unfortunately we

0:23:240:23:29

are told that they are not good...

With you ditch yours, I am ditching

0:23:290:23:35

mine.

We've got an electric car as

well. Diesel cars can be expensive

0:23:350:23:47

to sell.

Hot topic. We've had loads

of tweets. One suggests that

0:23:470:23:54

developing countries would expect

subsidies from the government as

0:23:540:23:56

external support to start buying

electric vehicles is expensive,

0:23:560:24:02

another one, from Shaun Perry, says

the government should not start

0:24:020:24:06

implementing changes on banning

diesel cars. One viewers says why is

0:24:060:24:11

it not OK for us little people to

drive diesel cars and big people to

0:24:110:24:16

operate jets in the skies every day.

Many of you have been in touch,

0:24:160:24:20

thank you so much for getting in

touch. Now the other stories.

0:24:200:24:25

Theresa May braced for the Unilever

decision on headquarters. Unilever

0:24:250:24:31

is a massive company. It's perhaps

moving its HQ to the Netherlands.

0:24:310:24:36

You don't believe this is a Brexit

story though?

It is not necessarily

0:24:360:24:41

a Brexit story. At the moment

Unilever has a headquarters in the

0:24:410:24:48

UK and one in Holland and they are

deciding to have one single

0:24:480:24:52

headquarters. I think that pressure

has come more from shareholders,

0:24:520:24:57

there was a takeover attempt by

Kraft Heinz last year, and I think

0:24:570:25:02

this is more about cost pressure

than about Brexit. They have to

0:25:020:25:06

choose a headquarters. It happens to

come at a time when Brexit is in

0:25:060:25:12

full flow although I think this is

as much about cost is about Brexit.

0:25:120:25:17

It would have happened anyway?

The

decision is to go to one place with

0:25:170:25:23

one capital.

And another story

claims the antidepressants actually

0:25:230:25:29

do work. Music to the years of the

pharmaceutical industry?

Yes, and

0:25:290:25:35

also to the ears of people who need

these treatments. It's a big issue

0:25:350:25:39

and hopefully this study has put to

bed a question of whether they work

0:25:390:25:46

or not.

Presumably they will be more

widely prescribed, which will be

0:25:460:25:50

more costly to the NHS.

The study

was pretty in-depth.

Will have to

0:25:500:25:59

leave it there, many thanks to Mike

Amey. From Sally and I, many thanks

0:25:590:26:04

for joining us

0:26:040:26:05

Download Subtitles

SRT

ASS