welcome to business today. we've had some earnings results out this morning from deliveroo that could indicate a rebound in consumer spending here in the uk. the online delivery platform reported a profit of $1.65 million — which compares to a loss of $105 million a year ago. the share price is up about 7% on the news. the company has become a household name here in the uk —, name here in the uk — it's reinvigorated the takeaway market and did well during the pandemic. so how is it keeping up this momentum? joining me now is investment director at aj bell, russ mould. russ, it's the first time in profit for deliveroo which is now seeing off its rivals as the market leader in the uk food delivery space. it was £83 million in lost for the first six months last year. it is

now reported a profit. how? it first six months last year. it is now reported a profit. how? it has lost well over _ now reported a profit. how? it has lost well over $1 _ now reported a profit. how? it has lost well over $1 billion _ now reported a profit. how? it has lost well over $1 billion since - now reported a profit. how? it has lost well over $1 billion since it - lost well over $1 billion since it was founded, i can date back to her account to 2016, probably close to $2 billion. it is adapted to an extreme competitive market and withdrew from certain arenas like australia, spain, netherlands, focusing on where it has a better market position, very smart. it is now delivered new sources of revenue which were not there a while ago. it has good advertising revenue from partners, delivering groceries, establishing retail plans like diy. that is really clever. it is also working on cost efficiency, stacking meals more effectively and reducing weight times and the order is placed and not delivered. there are lots of things it is doing right. interesting to see from a uk based tech company, it is pushing on the groceries and retail in a really significant way, possibly giving amazon a run for their money. it has been a rough ride. 350 job losses a

few months ago. a disastrous float on the stock exchange in london. and a much discussion on worker's rights. a much discussion on worker's riahts. , . ., ., ~' a much discussion on worker's riahts. , . ., ., ~ ., rights. there is much more work to do. in rights. there is much more work to d0- in sterling _ rights. there is much more work to do. in sterling terms, _ rights. there is much more work to do. in sterling terms, the - rights. there is much more work to do. in sterling terms, the companyi do. in sterling terms, the company was involved in transactions worth three point... pounds in the first part of this year. that ended £1 billion worth of revenue and £1 million of profit. that isn't a fat margin in anybody�*s language, so there is a lot of work to be done. it references the worker's rights, and that could increase their costs, but one thing going there is that it is seeing off some of the competition. the grocery delivery service in the uk seems to be retrenching, and in any business as competition, cost and regulation are always challenges and delivery is fighting that all three fronts and making progress on all of them. does this reflect the _ making progress on all of them. does this reflect the cost _ making progress on all of them. does this reflect the cost of _ making progress on all of them. does this reflect the cost of living crisis stopping people from eating

out? or is this an uptick in consumer confidence? many customers are repeat customers. the? consumer confidence? many customers are repeat customers.— are repeat customers. they are doing are repeat customers. they are doing a aood 'ob are repeat customers. they are doing a good job in — are repeat customers. they are doing a good job in terms _ are repeat customers. they are doing a good job in terms of— are repeat customers. they are doing a good job in terms of customer- a good job in terms of customer service with their loyalty programmes stop i think that you actually get the priority. customer service is meaning that they are being particularly effective, there. they still have a lot of work to do, the £1 million profit isn't a very high number, letters see what they get on with. it makes a change from losing money. get on with. it makes a change from losing money-— losing money. thank you very much indeed. breaking _ losing money. thank you very much indeed. breaking news, _ losing money. thank you very much indeed. breaking news, ministers i losing money. thank you very much | indeed. breaking news, ministers in northern ireland are speaking there following the unrest in belfast before stormont is recalled. let's listen to what they have to say. many parts of our community. we have many people feeling very vulnerable, fearful, fearfulfor theirfamilies. fearful, fearful for their families. we have fearful, fearfulfor theirfamilies. we have children afraid to walk their children to the park, children afraid to go to youth clubs and

schemes. health care workers afraid to go to work. nurses afraid to go home. that is not acceptable. that is the real human impact of this type of activity, this racist activity in our society, and it absolutely speaks volumes in terms of hate, because that is what it is and it must stop. those responsible for this activity must and will face the full rigours and force of the law. i am glad that you cancel is here with us today to join our executive. we have our collective support proffered for police as they work to protect people, property, facing down this racism and intimidation which is occurring. we say clearly today to those members... studio: you are life with bbc news. these are the latest pictures coming in from liverpool crown court where the judge is starting in from liverpool crown court where thejudge is starting his in from liverpool crown court where the judge is starting his sentencing remarks for two individuals involved

in recent violent disorder all of these offences _ in recent violent disorder all of these offences are _ in recent violent disorder all of these offences are arising - in recent violent disorder all of these offences are arising outl in recent violent disorder all of. these offences are arising out of these offences are arising out of the deplorable massive public disorder which has taken place in southport and liverpool after the past week or so. every decent member of a community affected by these events will have been appalled and deeply disturbed by what has taken place in their neighbourhood. you committed your offence on the evening of tuesday the 30th ofjuly in southport. you, william nelson morgan, the committee deals four days later on the 3rd of august in the county road area of walter in liverpool. both of these locations had serious mob violence, and each of you were at the forefront of that lawless behaviour. before i talked your individual offending, i will

more generally speak about the background and the context within which you behaved as he did. on monday the 29th ofjuly, a little over a week ago now, a number of families in the town of southport suffered devastating loss. that was when three little girls and numerous other children and adults were brutally killed and seriously injured in a knife attack at a holiday dance class. while still shocked and bewildered by these terrible events, many residents in the town came together on tuesday the town came together on tuesday the 30th ofjuly for a vigil in support of the grieving families. however, at the same time, there were others who saw these events as an opportunity to sow division and hatred. published on social media and printed leaflets, false information was distributed about me

supposing nationality, ethnicity, and religion of the alleged attacker. all of that was complete nonsense. but, from that point on, it has been used as a pretext for widespread violence, intimidation, damage, beginning at night in southport and escalating across the country, including in the on the evening of the vigil in southport, the police thought they would be joining a community in the morning. but, by the end of the night, those same officers were attempting to defend a part of the town and themselves in what was a pitched battle with a large and utterly lawless mob. it is estimated there were about 1000 so—called protesters are present that night, though quite what they were protesting about remains a mystery to many. the mob

were quite deliberately targeting a mosque, and as officers formed a cordon, they were subjected to repeated foul abuse and threats, and deeply offensive racist language was directed at the mosque and everybody or anybody inside. over several hours, windows were smashed, walls were demolished, and the recovered bricks were hurled time and again at the police, who were attempting to protect the community. a police vehicle was set on fire, and the mosque was very badly damaged, as were other buildings in the area. over 50 police officers were injured. the people doing all of this were not exercising some right to freedom of expression or lawful protest, rather, they were exploiting the anguish of others either to further their own twisted ideology, or more likely, as an excuse simply for vandalism, intimidation, and violence. they are

criminals, and they do not represent the decent people who were appalled by their behaviour and subsequently left to clean up their mess. over the following days, there were similar public disorder across the country at various locations, including here in liverpool. on saturday the 3rd of august, in the evening, there was widespread disorder in the walton area of the city, when many more policemen were injured in clashes with a large crowd intent on causing as much trouble and damage as possible. i have seen a statement written by the chief constable of merseyside setting out in clear terms of the consequences of this offending police resources and effectiveness. and also on the impact of individual officers who are literally on the front line. in addition to the physical and psychological harm caused to those offices and their

families, the enforced absence from duty has increased the burden on those officers who remain, those who are fit to be deployed to protect the communities they serve, and the extra cost which must be borne by the public is enormous. southport is a town where families live, work, grow old, and take pride in the closeness and supportive net of the community. liverpool is a dynamic city full of wonderful people who have worked hard to develop a reputation for creativity and enterprise. your actions, together with hundreds of others, have disgraced and damaged reputations of that town and the city. it has long been recognised that there is an obligation on sentencing courts to do what they can to ensure the protection of the public. whether in their homes or in their businesses, or in their streets, and to protect

the places where they live and work. in seeking to achieve this aim, the courts will typically impose severe sentences for offences involving or connected to large—scale and violent public disorder. intended to provide both punishment and deterrence. simply, those who deliberately participate in such disorder are causing injury, damage, and theatre communities, and they will inevitably be punished with sentences designed to deter others from such activity. other offences like criminal damage, arson, or threatening behaviour, assault, or possession of weapons, committed in the context of widespread disorder will be regarded as aggravated forms of that offending. also, it matters not that a particular offender voluntarily present at the scene of the disturbance didn't instigate the disorder or play a leading role, or

themselves for a missile at the police or because with each of the police or because with each of the police will cause particular damage. as has often been observed in cases such as this, it is an unavoidable feature of mass disorder that each participant's act, whatever it might have been when considered in isolation, is capable of stirring up and encouraging others to behave in and encouraging others to behave in a similar way. and that the harm to the public stems from the combined effect of what is done by everyone who is present. having set out to those general principles, and now turn to deal with the offences to which each of you has pleaded guilty. to the events of violent disorder and possessing an offensive weapon, our sentencing guidelines must and will be followed, principally, my task is to determine in each of your cases separately your individual culpability and the

harm interview caused. dealing firstly with you, john o'malley, you are 43 years of age, and you were present from an early stage at the disturbance on saint luke was macro rode on southport. there is cleavage showing you in the disorder —— there is a clear footage showing you at the disorder and at the front of a baying mob. you are part of a surgeon that broke through police lines and you are standing next to be police vehicle that was destroyed. you were present while missile of every description were raining down on the officers, including bricks, traffic cones, wheelie bins, road signs, tins of paint, and the occasional firework. it was relentless, and you were at the front and participating enthusiastically. i have seen the footage, and there were plenty of opportunities for anyone to leave we didn't want to be there. you were

arrested five days later, and made no comment in an interview. you have previous convictions, two of them, including a recent one for assault by beating. you have of course pleaded guilty, and you're entitled to full credit for that. i am told you now deeply regret what you did on that night. but, apart from that, there has been very little further litigation available to you. turning to the sentencing guidelines, i am satisfied that your offending falls into culpability category b. because he willingly participated in an incident involving widespread and large—scale acts of violence on both people and property, where there had obviously been planning by somebody, and it lasted for several hours. in terms of the harm caused, it is category one, because almost every category one, because almost every category to factor that is present,

and they have to do with the significant resulting injury and fear and distress, and the serious disruption on the community and impact. three years imprisonment with a range up to four years. in your case, there are significant aggravating features which have not already been taken into account, and which justify a substantial upward adjustment in the starting sentence. you have a previous conviction for offensive violence. more significantly, you were a part of a crowd using obviously racist and religiously intolerant language which was demonstrating quite deliberately outside a mosque. you were an active and persistent participant. this combination of factors takes the sentence in my

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