:00:00. > :00:19.The Dutch prepare to make their choice in a critical general
:00:20. > :00:22.election - with the economy up and crime down why
:00:23. > :00:31.Grab your mountain bike or your climbing shoes,
:00:32. > :00:34.as we take you to one of the fastest growing trends in tourism.
:00:35. > :00:47.Welcome to World Business Report. I'm Sally Bundock.
:00:48. > :00:50.Also in the programme change at the top of Europe's biggest bank
:00:51. > :01:02.- HSBC - we'll tell you all you need to know.
:01:03. > :01:05.We will be talking about the elections in the Netherlands as
:01:06. > :01:26.Can a form of well.
:01:27. > :01:32.Can a form of travel in which experience matters more than
:01:33. > :01:43.destination keep tourism companies are float? We have been to the
:01:44. > :01:50.Berlin tourism so. To have much fun as possible on a tight budget - the
:01:51. > :01:55.adventure tourism business is worth $300 million a year and it is
:01:56. > :02:00.growing fast. The age has started to come down a little bit so maybe it
:02:01. > :02:04.is more in the mid to late 40s but we are also seeing a significant
:02:05. > :02:10.growth in multigenerational travel and that means being grandparents
:02:11. > :02:17.who might be in the 60s and 70s who are still active taking their kids
:02:18. > :02:23.and their kids kids doing all sort of adventure travels. The daughter
:02:24. > :02:29.might go sea kayaking and so forth. There are no longer barriers about
:02:30. > :02:35.where you can go. It is not just reaches any more. If you prefer your
:02:36. > :02:41.holidays to take place on firm land, you may not see an appeal but they
:02:42. > :02:46.are becoming more and more popular and the problem for tourism
:02:47. > :02:54.companies is you can just as easily do this in Berlin. People and
:02:55. > :03:03.families will do hiking in the mountains but also around Berlin,
:03:04. > :03:08.beautiful forests and lakes. We have an expedition people but it is more
:03:09. > :03:16.outdoor and families stop young people will do the rock climbing is
:03:17. > :03:22.in Berlin. Whether customers venture far all near, companies now think
:03:23. > :03:32.there will never be a substitute for the real thing. What do you think
:03:33. > :03:40.about that idea? Send me your thoughts. We can chat about that on
:03:41. > :03:48.Twitter. Let's discuss HSBC, Mark Tucker has been appointed as its
:03:49. > :04:00.group chairman. Shares are on the move in Hong Kong. He is due to take
:04:01. > :04:10.over on the first of October, succeeding the man in role since
:04:11. > :04:15.2010. Mr Tucker has spent many years overseeing the expansion in Asia and
:04:16. > :04:20.one of the first important jobs is to find a replacement for Stuart
:04:21. > :04:28.Gulliver who plans to step down next year. HSBC is Europe's biggest bank
:04:29. > :04:31.but the bulk of its profits are generated here in Asia and the bank
:04:32. > :04:37.has been through an overall two diverse and declining profits and
:04:38. > :04:46.put it behind a series of scandals. More than 40,000 jobs have gone and
:04:47. > :04:55.we have seen profits tumbling more than 60% last year. It has moved
:04:56. > :04:59.into more risky areas of banking. This year it reached a settlement
:05:00. > :05:04.with the US government related to dubious mortgage lending and
:05:05. > :05:11.foreclosure during the financial crisis. In 2015 they were
:05:12. > :05:19.unacceptable practices which helped clients avoid tax. At $1.9 billion
:05:20. > :05:23.in a settlement over money laundering. Investors are however
:05:24. > :05:34.like the news of Mr Tucker's appointment. She is going higher. --
:05:35. > :05:41.shares. Looking at the top story. Decision day is getting closer for
:05:42. > :05:44.the Dutch. Tonight they get a decisive last look at the cannabis
:05:45. > :05:50.before making a decision on Wednesday. The leading candidate in
:05:51. > :05:53.a final television debate. It is the first of three big elections in
:05:54. > :06:01.Europe casting uncertainty over the continent. The next one to follow is
:06:02. > :06:12.France and then Germany in autumn. Financial markets are following them
:06:13. > :06:18.very closely. The incumbent, Mark Rutte, faces a challenge from Geert
:06:19. > :06:26.Wilders but there is great fracture and it gives uncertainty to the
:06:27. > :06:36.outcome. For the Dutch, they are one of the wealthiest nations in the
:06:37. > :06:41.world. Economic growth forecast to be steady at 2% with wages and
:06:42. > :06:47.growing which is again unusual. Unemployment is falling. Foreign
:06:48. > :06:52.ownership has become a hot topic with the Labour Party, part of the
:06:53. > :06:56.current coalition, proposing the government should be able to block
:06:57. > :07:03.takeovers not in the national interest. Am joined by the senior
:07:04. > :07:13.analyst at control to give us his reaction. What is your take on what
:07:14. > :07:18.the key issues are for voters and how cannabis have been playing that?
:07:19. > :07:27.The number one issue is clearly immigration and integration
:07:28. > :07:35.particularly of Muslims. Geert Wilders Has sought to make that the
:07:36. > :07:42.only issue. It is almost like the right to elections. One in which the
:07:43. > :07:49.world is looking at and looking at Geert Wilders. The other were
:07:50. > :07:57.education, job and economy is still the key for the Dutch. We touched
:07:58. > :08:02.the top of the iceberg in the introduction but the economy sounds
:08:03. > :08:14.fairly healthy, wages going up, incomes high. Voters would like to
:08:15. > :08:19.see more acceleration in wages after a fairly prolonged period but they
:08:20. > :08:26.are doing better than most other European economies will not it is a
:08:27. > :08:32.matter of cementing... We are still almost in the recoveries since the
:08:33. > :08:36.global financial crisis in terms of macro economic data in Europe so
:08:37. > :08:44.they would like that consolidated, greater job security, you mentioned
:08:45. > :08:52.the campaign to limit the rights of takeovers as well. What will happen
:08:53. > :08:59.on Wednesday... I know I am asking you a difficult question LAUGHTER
:09:00. > :09:05.most likely the party of the incumbent Prime Minister Mark Rutte
:09:06. > :09:14.will be beckoned at with the party of Geert Wilders but neither will
:09:15. > :09:23.get more than the required majority percentage so it will be a long and
:09:24. > :09:30.arduous the -- negotiation process. It will be a broad coalition with
:09:31. > :09:40.and possibly the Greens involved. What about the risk for the eurozone
:09:41. > :09:51.and the EU? The idea that Brexit and Trump equals Geert Wilders is
:09:52. > :09:57.far-fetched. I think it will remain European. The Labour Party is
:09:58. > :10:04.struggling a bit but they may hang on. Essentially it is a business as
:10:05. > :10:08.usual. Thank you for your time this morning and we will keep you across
:10:09. > :10:16.every twist and turn. Market very quickly... A big week for financial
:10:17. > :10:22.markets because we have the elections on Wednesday and the US
:10:23. > :10:26.Federal Reserve will make its decision on borrowing and most
:10:27. > :10:31.believe Janet Yellen will decide to raise the cost of lending in the US
:10:32. > :10:38.for the second time. That is a massive event. The UK and Japanese
:10:39. > :10:40.central banks meeting also. Stay with us we have the news review very
:10:41. > :10:49.soon. Police are launching
:10:50. > :10:51.an unprecedented appeal at the Supreme Court
:10:52. > :10:54.against a ruling that it failed