this is business live from bbc news with ben thompson and sally bundock. the brexit battle. theresa may says it's her deal or no deal as business calls for an end to the uncertainty. live from london, that's our top story on monday 17th september. the british chambers of commerce cuts its forecasts for economic growth, saying companies are suffering from not knowing what their post—brexit future will look like. also in the programme... typhoon mangkhut continues to batter china, killing dozens and causing tens of millions of dollars of damage. european markets look like this. we will explain what is moving the numbers and why. and we'll be getting the inside track on an ad agency which traces its roots back to 1850. as digital media continues

to grow in importance, we'll find out how oglivy uk is changing to keep up with the times. today we want to know, do you take a lunch break? or is it crumbs on the keyboard as you work through? maybe you get it on the run. a p pa re ntly maybe you get it on the run. apparently in new york, the power lunch is back so what is your experience? let us know — just use the hashtag #bbcbizlive. let us know your stories of lunch at the desk and lunch on the go and we'll talk about that later. bonus culture is back in the us and it means more power lunch is on the menu. it's just over six months to go until the uk is scheduled to leave the european union and britain's prime minister theresa may has told the bbc that it will be a choice of her brexit deal or no deal.

it comes amid a fresh warning that brexit will cut the uk's economic growth as the international monetary fund gives its latest assessment of the economy. so where are we in the negotiations? around 80% of a deal between the eu and the uk has already been agreed, according to eu chief brexit negotiator michel barnier. theresa may's proposals would see britain signing up to a common rulebook — effectively keeping british goods in the single market, but without accepting regulations for services, the european court of justice or free movement. the border between northern ireland and the irish republic is a key sticking point in the negotiations. the eu insists a backstop — or safety net — is needed to protect the single market, and would keep northern ireland within the eu customs union. however, this is something the uk opposes. and with the clock ticking theresa may is insistent her plan is the only one that can work. the deal...

as i say, i believe we'll get a good deal. we'll bring that back from the european — from the eu negotiations and put that to parliament. i think that the alternative to that will be not having a deal, because i don't think there will be... a, i don't think the negotiations will have that deal, and b, we're leaving on 29th march 2019. just in case you needed a reminder! suren thiru, who's the head of economics and business finance at the british chambers of commerce, is with me now. good to see you, thanks for coming in. i know you've been listening to that theresa may interview this morning. you are saying that you are very concerned at the british chambers of commerce that it will impact growth in the uk. our latest outlook shows economy has grown by 1.196 outlook shows economy has grown by 1.1% which is lower than our previous forecast. the weakest growth since 2009. a couple of

things going on. the downgrade to forecast increases brexit uncertainty, affecting key parts of the economy. we also see some long—term structural issues, the skills gap, the digital and physical infrastructure. all be stored things are impacting the growth outlook of the uk. what do you want to see happen next? are you at the bcc and many of your members now resigned to the fact the uk will leave the eu? what you are calling for its clarity 01’ what you are calling for its clarity or say, the future could be different, we need to change this? 0ur different, we need to change this? our members want to see less focus on the political and more on the practical. businesses have a key question which needs to be answered around customs, trade, people. these have not been answered your. bcc‘s 01’ have not been answered your. bcc‘s or risk register show that most of the questions i'd not answered. and we have six runs to go. they cannot a nswer we have six runs to go. they cannot answer those questions until the deal is done, surely, they can't give business leaders the clarity

they need until they know what it looks like. they have given clarity already. we have seen answers around import vat. they can give greater clarity on some areas. it's on both sides, notjust the uk, to provide this, going forward. if that is provided and we deal with some of the long—term structural issues, the autumn budget is coming up, so the chancellor is working hard on that. if that deals with long—term structural issues it will help the growth of the uk going forward. what isa growth of the uk going forward. what is a good deal in your view? from a business perspective, dealing with practical questions. if i'm a business and i export to germany, businesses want to know how long it will take to get through customs. answering those practical level questions will help businesses move forward in plan for post—brexit world. are you or any of your members prepared to accept there may be some short—term pain for longer term benefit? 0r be some short—term pain for longer term benefit? or do you just see this as a dangerous move, leaving the eu, as far as business is

concerned, in your view, would be a bad idea? for businesses, they very much look at what is on the table. the key —— the uk's leading in march. what they are in is detail and practical. . they are looking for their businesses in the post exit well. they need support and help from government and the eu. thanks for coming in and telling us your thoughts and what is on the minds of those in the british chambers of commerce. details about their outlook for the economy on our website. let's take a look at some of the other stories making the news. amazon is investigating claims that its employees accepted bribes in exchange for leaking confidential sales data. the wall streetjournal reports allegations that independent sellers were also allowed to delete negative reviews and restore banned accounts, for payments of between $80 and $2,000. thejournal said the practice was particularly pronounced in china. amazon said it had zero tolerance for abuse of its systems and that it was conducting a through investigation. australia has launched an urgent

investigation after the discovery of sewing needles hidden in strawberries — which has caused alarm across the country. so far cases have been reported in six states and been described by the country's trade minister as a vicious crime. new zealand's biggest grocers have stopped selling australian strawberries as a precaution. and time magazine has new owners for the second time in a year. the co—founder of salesforce.com, marc benioff, and his wife, are personally buying time for $190 million. earlier this year us media group meredith corporation bought the iconic magazine, but had to slash jobs due to rising costs. typhoon mangkhut is continuing to wreak havoc across southern china. it's already left a trail of destruction in hong kong, macau and the philippines, killing dozens of people as it did so.

the region is now beginning to count the cost of the typhoon. monica miller is in our asia business hub in singapore. many are still grappling with the aftermath. monica, it's hard at this stage to try to think about the cost, but of course that has to be dealt with at some point. absolutely. it's reallyjust too ha rd to absolutely. it's reallyjust too hard to tell what the cost will be at the end of the day. the typhoon has been downgraded to a tropical storm which will make matters a bit easier to get to the people that need to assess the damage. we are starting to get some figures in. in southern china, they suffered roughly $30 million in damage according to local news reports, a lot due to the gusts of wind well over 150 kilometres per hour. we're

also seeing in macau, the casinos, they were shocked the 33 hours for they were shocked the 33 hours for the first time ever. they lost about $186 million. the philippines, it's too soon to tell. some of those people live on two us dollars per day so we are getting a sense... we haven't even been able to begin to assess the damage. thank you. i know you will follow the story and update us as we you will follow the story and update us as we get more. that awful wake of devastation caused across the region by the typhoon there. hong kong markets did open as normal after the typhoon brushed past hong kong on its way to china but the region is really counting the cost. it's a mixed picture on the market at the start of the new week. remember there is the looming trade war, reports washington is set to announce a new round of tariffs on us imports and that could spark retaliation from beijing. about 10%

on another $200 billion worth of chinese imports. 10% is less than the 25% the administration said it would talk about. japan was closed for a holiday, too. let's look at europe. six months to go until the uk leads the eu and there are so many questions and a lot of uncertainty for firms here. we'll talk more about that shortly — but first samira has the details of what's ahead on wall street today. monday is all about the battle for the luxury electric car market. the german auto—maker also i can well unveil a new electric car from its audi brand. it's a clear sign the company is accelerating its electric offerings. this is a direct challenge to another luxury electric car maker, tesla. a company that has beenin

car maker, tesla. a company that has been in the news lately as several executives have left the company and its ceo elon musk was recently seen smoking pot and drinking whisky on a web programme. it also comes as a chinese electric car maker made its debut on the stock... 0h, she was cut in her prime there. joining us is david bloom, who's the global head fx strategy at hsbc. good morning. there's a lot going on. many different factors. what's on. many different factors. what's on your mind as we start the new trading week? big data is behind us. the labour datacom inflation data, central banks. now we are looking, as you mentioned, about this trade story and that is front—page. as you mentioned, about this trade story and that is front-page. what do you mean by trade story? the possibility of more tariffs and trump? the possibility of tariffs, the response to tariffs. is this beginning, the middle, the end of

it? how do you price it in when we've never seen it before? we've had a beautiful rally in emerging markets and i wonder if this could not get on the head. at a rally in emerging markets but they have also suffered. people have moved money elsewhere. because of concerns over things like trade was. notjust trade wars. when you look at argentina and venezuela and turkey and now brazil, they have an election. the number what happened to the stirling after brexit, this is happening over the world. big interest—rate rise last week and the market said this is good, everything is good, and everyone is all smiles and now everyone is looking and going, oh, no, not against! this is doing and throwing in financial markets and it's been quite stable. sterling has been quite stable but when you look outside of the big currencies, the g10, a lot of turmoil. give us your take. the

south african accent you have to me is extremely clear. give us your ta ke is extremely clear. give us your take on the south african rand. at the south african rand was politically, the rand rallied like crazy and everything looks fantastic. then somebody went, no. is that because of south african stuff going on or because it's the of contagion with regards to other things? you have different sectors in equity and you can disentangle it and with currencies you have one currency. it's a combination of events, we just seen a recession currency. it's a combination of events, wejust seen a recession in south africa, two quarters of negative growth. people downgrading the growth numbers. meanwhile, on the growth numbers. meanwhile, on the global stage, people are worried about emerging markets. it's been from euphoria to a double whammy and it's been slapped. pretty negative on the rand from here onwards. we are worried about it. david is coming back. that roller—coaster is not ending at this point. he will be

back later with more to discuss. power lunches and more. we don't have them. still to come... the advances in advertising. with digital media changing the way companies sell us stuff we'll get the inside track from one of the biggest firms in the business. you're with business live from bbc news. we will get results this morning. a raft of retailers updating us. we have details from h&m. you've been looking at these. alley what they show. this is a sales update from h&m and it shows the company is doing unexpectedly well, at least in terms of overall sales. 55 billion kroner, up 9%. this has produced quite a rally by h&m's shares. they are up nearly 10% this morning, a warm bath of relief. their shares

are suddenly back in fashion because of the past couple of years this company has had a rough ride. it's perceived as not having reacted quickly enough to the threat from online shopping. it is not seen as having had the right outfits in its retailers, not keeping up with the trends. these figures today suggest that at least sales are picking up. read the rest of the business is in good health we won't know for a couple of weeks because we don't have profit figures. profits and sales are two different things and. absolutely. if we did deeper... when it comes to the high street in the uk, i know h&m is beyond uk, but using to have one or the other. those that are doing really well and those that are having a disaster of a time. absolutely and the ones that are doing well tend to be the ones who have their online offerings spot on. it's quite the transition at the moment between high street retailers and online retailers. there are pure bred online retailers that offer a

lot of competition. when it is h&m you're talking about, the obvious competition owns zara. sales growth is pretty good in comparison to zara. at the moment this company is undergoing a transformation, the sales figures look good. we don't know how many of those sales have been discounted, which is why there will be a focus on profits later in the month. the fact that there is demand for h&m shares this morning suggests that investors are gambling, the profit figures will be better than expected. thank you very much. but to see you. theo talking about the challenges for online and high—street stores. let's go to the business live page. fashion retailer in the uk, boohoo.com has made its new chief executive from primorac. bringing some of that heist high—street expertise and trying to work some of the magic. interesting development is on both sides as they come

online. you're watching business live — our top story: with just over six months until brexit, britain's prime mininster theresa may has told the bbc it will be a choice between her deal or no deal. business craving some certainty about those negotiations, whether they will get it of course is the big question. a quick look at how the markets are faring. after the first 47 minutes of trade. the threat of war chariots on chinese imports weighing on the numbers —— the threat of more ta riffs numbers —— the threat of more tariffs on chinese imports. the advertising market is growing rapidly around the world — but big changes are causing huge challenges for traditional mediums like television and print. and for those who are in the traditional ad industry. this year global ad revenues are expected to rise to more than $535 billion — that's up 5% on last year.

growth in digital — including online and mobile ads — is surging and injust 18 months it's predicted it will account for more than half of all global revenues. 0gilvy is one ad and marketing firm having to deal with a changing market. but it's no stranger to change — it's been through a lot, and can trace its roots back to 1850. michael frohlich, chief executive of 0gilvy uk — he's with us now. welcome, thanks for being here. this position of being the boss of the uk bit is quite new to you, isn't it? yes, i took over six months ago. when i read about that and read about your coming into the company and it was said that you are bringing in lots of change, diversity, etc. ithought, oh, he's got a tough job ahead. change

means. . . got a tough job ahead. change means... you know, bringing about a lot of things people don't like, possibly. we had to respond to the changing needs of the marketplace and the changing needs of our clients and that has meant a big restructure of the uk operation and globally, as well. we've gone from lots of different silo businesses down to one. one operating business that can serve our clients‘ needs better. how do you make that happen? management change is difficult and a lot was made of the fact that you are notan lot was made of the fact that you are not an ad man. what does that mean? it's been quite a challenging six months to get through because, for lots of people, it‘s brilliant and they are excited. for a small minority of people it‘s not what they want. they didn‘t sign up for that. we had to help the business through those changes. my background is in advertising, however we are a comms business. we crossed all the marketing disciplines from pr to advertising through to customer

engagement, data technology, etc. probably most famous, traditionally for advertising. not being from an advertising background means i haven‘t had the sacred cows others may have had. making these changes, ican may have had. making these changes, i can really focus on what is right 01’ i can really focus on what is right or the business and clients rather than what may be historically was needed. six months in this job, but your background is very much in the advertising business. iwonder what has changed in your time in this job. you talk about traditional linear advertising. i have a firm, i wa nt to linear advertising. i have a firm, i want to sell, i make an advert. then we have social media. it‘s easy to blame it all on social media but there are social media influencers, all those things. the word linear is all those things. the word linear is a perfect word. at one point, there was one solution for a client. i‘m very linear way. no one thing can solve a client‘s problems now. you

need multiple different channels, multiple different ways of communicating and influencing consumers. be it through social media, personalised one—to—one communication or through big broadcast advertising channels. you need the combination of all those things to really be effective and that‘s why we are changing to be able to give our clients that integrated seamless view of the world and be able to fulfil it quickly. it's been tough, hasn't it, but 0gilvy and tough for wpp issue are part. we have seen in wpp‘s owning is derry earnings. they are talked about google, facebook, how things have changed so radically. change isn‘t just part things have changed so radically. change isn‘tjust part of what we are doing, it‘s changed across everything. change for all clients, all platforms, all of the advertising marketing industry and it‘s about how you deal with that change. as we move forward, it‘s

more about partnerships. there is no point... google, facebook, others, they are not our competitors, they are partners. do they see you that way? is that a mutual relationship? i hope so! looking at partnership moving forward is absolutely key to everything. when we talk about the advertising industry we talk about it being a bellwether for what is going in the economy. when things are good businesses spend on advertising. when they are nervous they rein in. what do your clients and the spending they are willing to make tell you about the state of the economy? one of the key things is what you define as advertising...m they say, look, i have this budget, does that tell you they are on an extension or retracting with yellow it really depends on the client. they are spending their budgets in many different ways so it is not necessarily the budgets are reducing, they are being spent in different ways. we are there to help them spend in different ways.

different ways. we are there to help them spend in different waysm different ways. we are there to help them spend in different ways. is the power lunch back in your world? not yet but i hope it‘s coming! power lunch back in your world? not yet but i hope it's coming! thank you for coming on. let‘s do that one. in a moment we‘ll take a look through the business pages but first here‘s a quick reminder of how to get in touch with us. stay up—to—date with all the day‘s business news as it happens on the bbc‘s business live page. there is inside and analysis from our team of editors right around the globe. we wa nt to editors right around the globe. we want to hear from you. editors right around the globe. we want to hearfrom you. get editors right around the globe. we want to hear from you. get involved on the bbc‘s business live web page. 0n on the bbc‘s business live web page. on twitter, we are at bbc business and you can find us on facebook at bbc money. on tv and online, what you need to know when you need to know it. we‘ve had loads of comets about the

power lunch but before we talk about that, david bloom is back. hsbc. tell us about this story. in new york things aren‘t going well —— things are going well and the power lunch is back. is it? i haven't seen anyone on social media with their camera phones and i‘m sure we would have had photographs of these people having their gluttonous power lunches! you have to be powerful to have a power lunch and i have an ordinary lunch and if i am very lucky i have a delicious one. to have a power lunch you have to be powerful. this idea of being ostentatious and going out and splashing it and loading it, that‘s gone. it doesn't have to be expensive, does it? to be productive. you have to be powerful to have a power lunch. those are done within the offices of building. fine dining, if you would like to come one day at hsbc, will close the door. we can have a lunch. the point

of this article is notjust about the lunch. it‘s about the fact that bonuses are back, the idea of austerity in the wake of the financial crisis, that businesses had to look like they were being a bit tighter with their budgets. they are saying that that‘s gone. there are saying that that‘s gone. there are bonuses back, high living is back on wall street and big money spending on lunches. it's a great story and lovely to talk about it, but i haven‘t seen that. the idea of being ostentatious in an article today byjohnson being ostentatious in an article today by johnson about being ostentatious in an article today byjohnson about poverty. those are the kind of things people are taking a lot more seriously and i think with social media, it‘s not great for your company to go out and be filmed doing these things. thank you for coming in. we will mention a couple of comments. james says he a lwa ys couple of comments. james says he always ta kes couple of comments. james says he always takes lunch away from the desk and a possible out of the workplace. gary uses his lunch break to take the power nap! thank you very much.

we will see a windy spell of weather throughout this week. it all starts off really through tonight as the re m na nts of off really through tonight as the remnants of ex—hurricane helene started to work their way in. we can see the central storm to the west of iberia, moving north and throwing up a lot of clouds ahead of it. today there will be rain affecting the far west of northern ireland, northern and western areas of scotland getting some rain. some sunshine this morning in northern parts of england and north wales but by this afternoon, the sunshine will be across southern areas and quite a one day, really. temperatures getting up into the high teens across northern parts of to the mid—20s across the south. here is storm helene. it will move further north, but the isobars are becoming much closer together, indicative of some stronger winds through tonight. particularly around the irish sea coast where we could see gusts of wind of 60, 60 five miles per hour.

heavy rain working its way into northern ireland, into wales, up into the north and west of scotland. quite a warm and humid night. those temperatures no lower than about 14-17. temperatures no lower than about 14—17. through tuesday, quite a breezy day. we will see some of the rain moving further north and east, and eventually it will clear away so there will be sunshine as we go through tuesday. some showers moving their way in but it will stay quite breezy into the afternoon. those gusts of wind, but black winged arrows there, still up into the 30s and 40s miles per hour. another one day. temperatures getting into the high teens, even mid—20s, particularly across eastern parts of england. tuesday night into wednesday, another weather system that will push its way in from the atlantic. the isoba rs that will push its way in from the atlantic. the isobars really quite close together. another very windy day. particularly across scotland.

gusts of wind up to 70 mph and the north and west of wales, even the south—west of england, those gusts of 50 or 60 mph. with that some sunny spells and showers during wednesday but there could be disruption because of the strong winds throughout the day. quite a warm day, really, with temperatures getting up into the low 20s. through the week, gales at times, spells of heavy rain, warm in the south. if it wasn‘t for the temperatures, a real autumnal feel to conditions through the week. goodbye. hello. it‘s monday. it‘s nine o‘clock. i‘m victoria derbyshire. welcome to the programme. exclusive. the labour party is calling for a ban on early blood tests to determine the sex of foetuses during pregnancy, after an investigation by this programme. we‘ve found that thousands of british women are using an online forum to discuss using such tests to find out if they‘re having a boy or a girl. this woman has posted: i was

wondering if there was someone on this board who had terminated due to gender. she goes on later to say i need a son to heal me. my only bet is nipt, followed by continuation only if it is a boy. labour mps are concerned the tests are being used as a route to sex