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tv   World Business Report  BBC News  February 20, 2024 5:30am-6:01am GMT

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live from london, this is bbc news. planes grounded — more than 100,000 passengers disrupted as lufthansa workers strike for the third time in three weeks. but it's take off at the singapore airshow, where big names are gathering during turbulent times for the industry. we'll be live from the runway. also in the programme, rishi sunak is set to announce a package of measures to help uk farmers. but will it be enough to save an industry in crisis? and are they worth it? as beyonce launches her own haircare line, we look at the world of celebrity beauty brands.
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alo. if you've justjoined alo. if you'vejustjoined us, i'm sally bundock. we are now looking at the top business stories. —— hello. we start in germany where a strike by lufthansa ground staff is set to disrupt more than 100,000 passengers. it's a further blow to the flagship german airline that is facing its third bout of industrial action in less than three weeks. this strike is the latest in a series of industrial disputes affecting many areas of german society, from train drivers to kindergarten workers. here's damien mcguiness in berlin. this strike they looked underground staff will last 27 hours and could affect as many as 100,000 passengers, sought almost a thousand flies can be grounded, many of them european international flights and most
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of germany but �*s will be affected, including brantford, affected, including bra ntford, berlin, affected, including brantford, berlin, and munich. it's all because workers say they want better pay. ground staff say they are not being fairly treated and that the industry has rebounded on someone has been paid handsomely, such as pilots, others such as grants offer being paid a pittance. this comes in the context of increasing industrial action in many sectors across germany. just last month we saw a major train driver strike which brought trains into city transport to a halt, as well as last month we saw a separate strike in local transport set is in most towns and cities across the country. last year, we also saw strikes in kindergartens, schools, and hospitals. so it is something that german people are getting increasingly used to and that's because of high inflation the past two years. inflation rates have gone down recently, but prices are much higher now than they were a few years ago and
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wages haven't really caught up. add that to a tight labour market and low unemployment and workers feel that they have a bit of leverage to tackle employers and say it's time to finally raise wages. damien mcguinness in berlin. the strikes are hampering the economy which is already lagging behind. finance minister christian lindner recently described germany as just a "tired man" in need of "a strong cup of coffee". does this describe my next guest? let's speak about this in more detail with christian schulz, deputy chief european economist at citi. good morning to you. joining a slave from near frankfurt, is that right?— slave from near frankfurt, is that right?_ but| that right? that is right. but with the coffee. _ that right? that is right. but with the coffee. you - that right? that is right. but with the coffee. you have i that right? that is right. butl with the coffee. you have got your strong coffee. tell us about the impact of all these strikes. 0nce about the impact of all these strikes. once again lufthansa passengers will not be able to get around. passengers will not be able to get around-— passengers will not be able to net around. ~ . ., get around. well, the impact of a da of get around. well, the impact of a day of strike _ get around. well, the impact of a day of strike is _ get around. well, the impact of a day of strike is usually - a day of strike is usually small, it's the accumulation of straits, as your colleague
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mentioned, which is really doing the damage and in an economy which has been stagnating, was very close to zero growth, has been very close to zero growth for a time comment may make the difference between stagnation and recession. indeed, the bundesbank this week came out with a report saying probably the strikes are dipping germany into a technical recession, shrinking gdp.— into a technical recession, shrinkin: gdp. ., . shrinking gdp. people watching in the uk will — shrinking gdp. people watching in the uk will say, _ shrinking gdp. people watching in the uk will say, yes, - shrinking gdp. people watching in the uk will say, yes, we - in the uk will say, yes, we know it like we have had rail straits, strikes across the national health service and another set is of the economy. talk us through the reasons why, christian kum ezedi cost—of—living crisis, is it basically people demanding higher wages and pushing for more? ., higher wages and pushing for more? . , ., , ., more? the uk and germany are almost like _ more? the uk and germany are almost like twins _ more? the uk and germany are almost like twins at _ more? the uk and germany are almost like twins at the - almost like twins at the moment. the two major economies in recession at the moment. there are some cyclical headwinds, global trade, for example the rising interest rates, the falling construction
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activity. there are some idiosyncratic issues, there are also some structural issues, demographic —— demographic change and so forth. the uk and germany realistic out on the negative side. there are other areas, southern europe, italy and spain to doing better, the us is doing much better, it is almost the reverse of the fortunes we had about ten years ago where spain and italy were in recession and spain —— britain and germany were doing well. britain and germany were doing well, ., britain and germany were doing well. ., ., ._ well. some of the other way round. how— well. some of the other way round. how do _ well. some of the other way round. how do you - well. some of the other way round. how do you see - well. some of the other way round. how do you see this | round. how do you see this playing out, who will win the battles and is going on around germany?— germany? isn't that the real surrise germany? isn't that the real surprise that _ germany? isn't that the real surprise that the _ germany? isn't that the real surprise that the employers| surprise that the employers have unfolded yet? your colleague mentioned the tight labour markets that workers have to catch up on inflation. they really they have every justification to demand higher wages and they have the power to force it through as these strikes show. what it also shows us is that employers are desperate not to allow big wage
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gains because of the loss in competitiveness, the fact that they can't pass on these costs to their customers so there is no sign of the price spiral that central bank is worried about and margins are being squeezed, profits are being squeezed, profits are being squeezed, shareholders are being squeezed, and that's why they are resisting so much. it is notjust the workers that face problems, but also the company is trying to employ them. ., ., ., company is trying to employ them. ., ., ~ ., them. 0k, good to talk to you. thank you _ them. ok, good to talk to you. thank you for— them. 0k, good to talk to you. thank you for your _ them. 0k, good to talk to you. thank you for your time. - thank you for your time. christian schultz, deputy chief economist at citi. here in the uk, the prime minister will announce a package of measures today to help farmers, but many say more is needed to support an industry "in crisis". rishi sunak will use a speech at the national farmers union annual conference to outline government plans to boost the uk's food security. this comes as farmers continue to protest across europe. today in poland farmers will be on the streets. the agricultural industry has been hit hard by the ongoing war in ukraine, uncertainty over supply chains, trade caps,
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sustainability issues, and climate change. farmers, as well as consumers, are struggling to cope with the increase in production and sales costs. let's discuss this with sylvain chabe—ferret, research fellow at the national institute for research on agriculture and the environment. good morning to you. so, we're getting new promises for uk farmers today, but as we've just outlined, farmers right across europe are all pushing their governments for more support and more change, aren't they? support and more change, aren't the ? , , ., , ., support and more change, aren't the? , ., they? yes, they are, you are riuht. they? yes, they are, you are right- we — they? yes, they are, you are right. we are _ they? yes, they are, you are right. we are basically - they? yes, they are, you are| right. we are basically seeing two very long run trends that are getting into conflict with two short run movements that were described. so the first
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long run trends is farmers, particularly in the eu, have been heavily supported by governments, for example, in france we have farmers receiving stipends of 15,000 euros on average just to be farmers, just for farming. euros on average just to be farmers, just forfarming. and farmers, just for farming. and this farmers, just forfarming. and this is putting a lot of pressure on their side forgetting their income from the government, basically. fine the government, basically. one ofthe the government, basically. one of the themes _ the government, basically. one of the themes that _ the government, basically. one of the themes that seems to be in most countries, whether it be france, the uk, poland is farmers are saying they need protection from competition, from cheaper imports. your thoughts on that, how is that resolved?— thoughts on that, how is that resolved? , ., , ., ., resolved? yes, that is hard to resolve. _ resolved? yes, that is hard to resolve. in — resolved? yes, that is hard to resolve. in a _ resolved? yes, that is hard to resolve, in a sense, _ resolved? yes, that is hard to resolve, in a sense, because. resolve, in a sense, because since the beginning of the eu, control policy, the basic rationale for this policy was to have full independence for
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an economy, and so we put in place protections, but these were dismantled in the 19905 and with the trade. and now we are faced with farmers receiving direct money from governmentjust for being farmer5, but facing competition with lower prices. and that is a new normal and that is something we have not experienced before. that is a tough call for governments to choose where you put the knots, in the sense, how big your agricultural sector has to be to ensure that you will have your full economy, to ensure that you will have yourfull economy, that to ensure that you will have your full economy, that is a tough call to make. it’s your full economy, that is a tough call to make. it's really difficult. on _ tough call to make. it's really difficult. on the _ tough call to make. it's really difficult. on the one - tough call to make. it's really difficult. on the one hand - tough call to make. it's really| difficult. on the one hand you difficult. 0n the one hand you want food security, food autonomy, a5 want food security, food autonomy, as you say, but also you want an agricultural sector thati5 you want an agricultural sector that is transitioning to become
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more sustainable and an agricultural sector that is having to react to a changing climate, which means it is so challenging, isn't it, for farmers at the moment? exactly. you are definitely _ farmers at the moment? exactly. you are definitely thinking - you are definitely thinking right and having the right problems. there is an increasing demand from citizens for betty environmental quality, and that is putting a lot of pressure on farmer5, there are more regulations, u5e there are more regulations, use of pesticides, and on the other hand, climate change is putting lots of pressure on their yields and on their practices and i think something that is strange to us from our economics, researchers perspective, the debate today doesn't revolve a lot about the long run transformations of farming that they need. sylvain, thank you forjoining u5, sylvain, thank you forjoining us, it is good to get your take on all of this and of course at
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bbc news we will be acro55 on all of this and of course at bbc news we will be across the prime minister's day today, as we mentioned, delivering a speech at the national farmers' union. we will see the reception he gets there later. here in the uk, the electrical store chain currys could be at the centre of a takeover battle after the chinese e—commerce groupjd.com said it was considering an offer for the company. the potential bid emerged after currys said at the weekend it had rejected a £700 million takeover approach from us investment firm elliott. curry5�* share price jumped by more than a third to close at 64 pence on monday. the retailer has more than 800 stores globally and employs 28,000 people. live now to dan kemp, chief research and investment officer at morningstar. we will unpack this now. good morning to you. so, curry5, for those of us watching now in the uk we know it well, we have probably all been in a store at
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one time or another and what a fridge or washing machine or something. what is the outlook? well, hello, sally. yes, it's quite exciting for investors in the uk, because the last few all we've heard about is how the uk stock market is declining and how we don't have the right types of companies and people have watched large us technology companies race away in terms of their share price. and so what we're seeing here with currys is a classic situation where external buyers are looking at the market, looking at individual companies, doing their research and finding some bargains. and that's a big change in the way that's a big change in the way that people are thinking, so obviously this is focused specifically on currys, a retailer that we all know, that we all recognise, one that has been going through a bit of a hard time recently and has seen it falling share price for quite some time, but external buyers, both us hedge funds and also most recently it seems a
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chinese technology company, a retailer from chinese technology company, a retailerfrom china, seeing value in this company and that should be encouraging... you do wonder though _ should be encouraging... you do wonder though what _ should be encouraging... you do wonder though what might - should be encouraging... you do l wonder though what might happen next, don't you, i've interviewed, met the ceo with jd.com, they are chyna of like amazon and you wonder if they will take currys online. we mentioned they have 800 stores around the world, globally, but is the bricks and mortar stores that are proving expensive, aren't they? and we see these stores around our cities and towns, don't we, these big units, they are a loss to heat and staff and everything else. they are allotted to heat and stuff. you're absolutely right. there is always a risk when you have a takeover situation, whether it isjd or someone else that people try to cut costs further, but we have seen a real dedication within currys of the last two years to lower cost, make the business more
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efficient, and it describes itself as an omni— channel retailer, a retailer that has online presence but also encourages people to go into those doors. so if another buyer took over currys and change that strategy, then, yes, of course that would have an impact on the high street, on the workers there, but the company they are buying, the benefits of the company they are buying is that it has an omni— channel presence, is not just trying to compete directly with amazon and amazon light. we shall keep a close eye and you will be watching the share price. thank you very much. dan kemp from morningstar. let's get some of the day's other news now. two of the largest credit card companies in the united states have announced plans to merge. capital one has agreed to buy discover in a deal worth more than $35 billion. the purchase will require approvalfrom us regulators. it's likely to attract a high level of scrutiny, as the biden administration has been attempting to promote competition in the industry.
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china has cut the benchmark reference rate for mortgages by more than expected, as authorities seek to stimulate credit demand and revive the property market. the people's bank of china lowered the five—year loan prime rate by 25 basis points to 3.95%. the announcement marks the largest cut to the five—year lending rate since it was introduced in 2019. the world's largest listed miner — bhp — has reported its latest results showing the company made more than $6 billion in profit in the six months between june and december. but it cautioned the next six months may not be as rosy as it was not yet clear how effective stimulus policies have been in china, its biggest customer. stay with us, still to come: are they worth it? as beyonce launches her own haircare line, we look at the world of celebrity beauty brands. around the world and across
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the uk, this is bbc news. bbc news, bringing you different stories from across the uk. , , ., different stories from across theuk., ._ .,, different stories from across theuk., ., ., the uk. just two years ago there were _ the uk. just two years ago there were 34,500 - the uk. just two years ago i there were 34,500 northern garces on this ben garuccio wrote, was the fourth largest colony in the world. but in 12 months bird flu wiped out more than half of the population and gannets are not alone, black headed gulls were registered before bird flu mers in 2021 and numbers have declined by 77% in recent years. in its first—ever airport trying to quantify the effects of bird flu, rspb, says common and sandwiches have also seen a catastrophic drop of 40%. we are really _ catastrophic drop of 40%. we are really concerned, we don't know — are really concerned, we don't know what _ are really concerned, we don't know what the future holds. birds — know what the future holds. birds are _ know what the future holds. birds are long—lived and they only—
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birds are long—lived and they only have _ birds are long—lived and they only have one or two chicks per year. _ only have one or two chicks per year. could _ only have one or two chicks per year, could be another decade before — year, could be another decade before we truly know what the impact — before we truly know what the impact of _ before we truly know what the impact of this is, even if it were — impact of this is, even if it were to _ impact of this is, even if it were to stop today. for more stories from _ were to stop today. for more stories from across _ were to stop today. for more stories from across the - were to stop today. for more stories from across the uk, l stories from across the uk, head to the bbc news website. you're live with bbc news. i'm sally bundock. let's crack on with the business agenda. asia's most influential airshow takes off in singapore this week. the event comes at a turbulent time for the industry with concerns around the safety of boeing planes and a short supply of new aircraft needed for the covid—19 rebound. with geopolitical tensions rising globally, governments are looking to make big orders on defence hardware and unmanned technology using artificial intelligence to fight conflicts in varied terrain like ukraine. let's go live now to our asia business reporter monica miller who is at the singapore airshow.
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hello to you, monica. i understand you have been talking to all sorts of people, including willie walsh. we have. earlier— including willie walsh. - have. earliertoday including willie walsh. - have. earlier today we had a chat with him and it was perfect timing as we kicked off the air show today and it is just buzzing. the past four years have not really seen much traffic due to the pandemic, but now it is back and there is a huge appetite from defence as well as commercial buyers to see exactly what is in store and this is the top—of—the—line star. now, what willie walsh did say as you are mentioning about going, in light of it having an investigation and really the future of one of its bestselling jets, the 737 family, it really affects the future is in doubt. he says he is feeling pretty confident and thinks that boeing is handling the situation well and things eventually it will get back on track. i eventually it will get back on track. ., �* , ., ., track. i don't believe all have any long-term _ track. i don't believe all have any long-term effect, - track. i don't believe all have any long-term effect, what l track. i don't believe all have any long-term effect, what i | any long—term effect, what i believe _ any long—term effect, what i believe is _ any long—term effect, what i believe is important as the
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boeing _ believe is important as the boeing has responded in the right— boeing has responded in the right way, they have taken ownership of the problem, they put their— ownership of the problem, they put their hands up, they have acknowledged there is a serious issue _ acknowledged there is a serious issue that — acknowledged there is a serious issue that they need to address and i_ issue that they need to address and i think they are going about— and i think they are going about that in the right way and that is— about that in the right way and that is what the industry would want _ that is what the industry would want to— that is what the industry would want to see. so i'm confident that— want to see. so i'm confident that boeing will take the right measures and will regain their status— measures and will regain their status as _ measures and will regain their status as a world—class global supply— status as a world—class global supply of— status as a world—class global supply of aircraft. status as a world-class global supply of aircraft.— supply of aircraft. interesting to hear his — supply of aircraft. interesting to hear his take _ supply of aircraft. interesting to hear his take on _ supply of aircraft. interesting to hear his take on that. - supply of aircraft. interesting j to hear his take on that. that is bound to dominate this event to a great degree. but telus about the company called comac, about the company called comac, a chinese plane getting a lot of attention, is this a serious disruptor?— of attention, is this a serious disrutor? �* , ., disruptor? i'm standing here in front of the _ disruptor? i'm standing here in front of the comac _ disruptor? i'm standing here in front of the comac booth. - disruptor? i'm standing here in front of the comac booth. i - disruptor? i'm standing here in| front of the comac booth. i saw is in 2018 they had a very small booth at this as shy, just had one of the little models, here are some of the models, here are some of the models now, they are absolutely massive. this thing was about to speak. it was very exciting is study to see this plane arrived in singapore during a display here at the airshow. it
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made its first international trip to singapore. the only issueis trip to singapore. the only issue is that right now there are only four that are actually up are only four that are actually up and running. it has to face a large checklist, essentially, the other regulators and other countries to give the green light for this, countries to give the green light forthis, including light for this, including europe as light forthis, including europe as well as the united states before they can enter into the international market. again, china is the world's second biggest economy, it is a massive population, and even though its economy has been weak at the moment there is the potential that that even with just the domestic market this could be a big competitorfor airbus as well as boeing. {lila airbus as well as boeing. ok, which is really _ airbus as well as boeing. 0k, which is really interesting and i'm sure they are watching with great interest as well. tell us about the issue of sustainability. i assume that's a big talking point as well this year. a big talking point as well this year-— a big talking point as well this year. sustainability is the major _ this year. sustainability is the major topic, - this year. sustainability is the major topic, shallow i this year. sustainability is . the major topic, shallow say, of this. we have heard from
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almost everyone he has some example of how they are trying to eliminate all strength the green imprint on the environment. 0ne green imprint on the environment. one of the big things that has been talked about is sustainable aviation fuel. this is what people are looking at the industry right now to get it down to that net zero emissions goal by 2050. is the problem, though, is incredibly expensive, it is pre—5 times mose masoe than traditional aviation fuel, also, not a people make it, right now in existence there is less than 1% that would be able to fulfil the industry. they would need 500 times that amount in order to meet that goal. so it may be lofty, but nevertheless it is something thatis nevertheless it is something that is being discussed and many of the participants here are looking for ways to have a greater future.— greater future. brilliant. thank you _ greater future. brilliant. thank you so _ greater future. brilliant. thank you so much. - greater future. brilliant. thank you so much. we | greater future. brilliant. - thank you so much. we will speak to you again soon. monica
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at the singapore airshow for us. now, let's talk about celebrity branded products because beyonce is today launching her latest business venture, a haircare line called cecred. and celebrity brands are big business, with countless stars including harry styles and brad pitt launching their own beauty, fragrance, and make—up brands. let's speak now to stachones, ceo of the pop culture agency hollywood branded. hello to you, stacy, did i say that correctly? is it cecred, a new haircare line? i that correctly? is it cecred, a new haircare line?— new haircare line? i think is closer sacred. _ new haircare line? i think is closer sacred. they - new haircare line? i think is closer sacred. they are - new haircare line? i think is i closer sacred. they are taking the beyonce and adding that to sacred. it is very cute, it is ringing. sacred. it is very cute, it is ringing-— ringing. good idea. i got it wronu . ringing. good idea. i got it wrong- so _ ringing. good idea. i got it wrong. so cecred - ringing. good idea. i got it wrong. so cecred haircare| ringing. good idea. i got it- wrong. so cecred haircare line. have you had a look at it yet, have you had a feel, what are
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they saying it will do to your hair? ~ ,., , ., hair? well, i will say that this supposedly - hair? well, i will say that this supposedly has - hair? well, i will say that this supposedly has a - hair? well, i will say that i this supposedly has a secret ingredient that is just for the queen be, as honey. so people are raving about it online, just a little bit, those were actually in the know and her social media accounts have been doing some really good coverage about that so we're getting some glimpses, the fact that it is going to be more thanjust a serum, it is going to be shampoo, potentially electronic devices, a very, offensive, robust product line she is coming outwith. robust product line she is coming out with.- robust product line she is coming out with. are we “ust assuming i coming out with. are we “ust assuming this is i coming out with. are we “ust assuming this is going h coming out with. are we just assuming this is going to - coming out with. are we just assuming this is going to be| coming out with. are we justl assuming this is going to be a massive hit because of who she is or what?— is or what? she has 424 million social media _ is or what? she has 424 million social media followers. - is or what? she has 424 million social media followers. i - is or what? she has 424 million social media followers. i did - is or what? she has 424 million social media followers. i did a l social media followers. i did a search uncritical mention for media mentions an she has had 58,000 mentions of beyonce's air, that is over $6 billion worth of pr value. this thing is going to be a slam dunk for her. it will make a lot of
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money and it will be wildly, wildly successful.— money and it will be wildly, wildly successful. this is what it is all about, _ wildly successful. this is what it is all about, isn't _ wildly successful. this is what it is all about, isn't it, - wildly successful. this is what it is all about, isn't it, in - it is all about, isn't it, in this day and age, who were the pioneers of doing this, would you say, back in the day? i think you had a lot of celebrities make a lot of different product lines, but if you want to look at today, if you want to look at today, if you want to look at actually here, you have tracy ellis ross, she is one that has come out with curly and textured haircare product lines, but there is not really any other women who have come out with really strong hair products for the black community or for textured hair. look at rhianna, with fancy, that is wildly successful, that is more skincare and beauty and this is very different because there hasn't been a lot of hair product lines coming out from this level of celebrity. i5 product lines coming out from this level of celebrity. is it worth it? _ this level of celebrity. is it worth it? that _ this level of celebrity. is it worth it? that is _ this level of celebrity. is it worth it? that is the - this level of celebrity. is it worth it? that is the question. crosstalk. how can we value these things? all right, stacy, good to get your take on a really interesting. thank you very
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much indeed, mccrow three there. let us look at financial markets. there are a few things going on. we mentioned that the top of the hour what is going on in the red sea currently where there seems to be an escalation of attacks on the part of houthi rebels on both uk and american vessels. these are markets in asia at the moment that a fairly flat, if not muted, which is a disappointment. in mainland china they haven't seen a surge there, they were hoping to see markets boosted by the news of that big rate cut for mortgage lending, but what people want is they want fiscal stimulus in china, that is probably what will cause markets to get excited. the next board is the us, which will reopen today, they have had a long break for a long weekend, so these markets will start trading again today, later on wall street. that is the latest business, finance, and use. thank you for your company today. hope you
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have a lovely day. if you watching on bbc one you can watching on bbc one you can watch breakfast at the top of the hour, if you are watching around the world i will see you in a minute. hello. this round of incredibly mild weather continues as we go through the next few days. on monday, we saw temperatures reach 15 degrees almost in parts of london. that makes it seven consecutive days of seeing the temperatures of 14 degrees or more and well above the average of 6—8 celsius. but that kind of weather will be back later this week — feels much more like february with temperatures 6—9 degrees for many, which will actually be higher than many have been by night recently. and if that's the case, we start tuesday — 7—9 degrees in western scotland, northern ireland. but it's here where we start to see the rain arrive, first of all. in fact, a spell of at times heavy rain sweeps across scotland, northern ireland during the morning, followed on by sunshine more extensively for the afternoon, a few showers in the highlands and ireland. through the afternoon, though,
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northern england and wales turn increasingly wet and windy. to the south and east of that, many will stay dry during daylight hours, but fairly cloudy, some sunshine and again, 14—15 celsius will be possible. the patchy rain will, by the end of the afternoon and evening, edge its way southwards. it looks like it starts to fade, but then regains strength. after some clear skies for a time in the north with a touch of frost. cloud and rain will surge its way northwards later in the night on wednesday and mild weather fights back once again. so it will be a very mild start to wednesday but a thoroughly wet one. these weather fronts bring in outbreaks of rain quite extensively, pushing its way eastwards with some strong and gusty winds throughout the day, too. wettest in the morning for many, and particularly so on hills exposed to those southerly gales brining up from the west later — sunshine and showers — but rain will hold on across shetlands into the middle part of the afternoon and it may never fully clear the channel islands and the english channel. in the sunshine, it's going to be mild. southerly winds, 40 mile an hour winds, if not more. and temperatures again in double figures,
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if not low teens for the most part. but that milder weather is eventually pushed out the way. this area of low pressure to the north of us, as it works its way eastwards, introduces winds from the north atlantic, and that brings a drop in temperature. clears away the rain slowly, though, that we see again across england, wales, eastern scotland on thursday. bright conditions into the west, but the showers will be a mixture of rain, hail and on the hills a bit of sleet and snow on the tops, too. temperatures dropping as we go through the day. and that cooler run continues through the rest of the week and into the weekend with further spells of wind and rain at times.
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good morning, welcome to breakfast with sally nugent and jon kay. 0ur headlines today. the row between business secretary kemi badenoch and the post office chair she sacked deepens. she accuses him of made—up anecdotes which he denies. the united states drafts a un security council resolution. for the first time, it calls for a temporary ceasefire in gaza. the family of alexei navalny, the putin critic who died in a russian prison, say they've been told his body won't be released for two weeks. good morning. ten hospitality venues might be closing every day but we
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meet the men bucking the

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