this is business live from bbc news with sally bundock and victoria fritz. is fast fashion still on trend? h&m battles online rivals and growing concerns over sustainability. live from london, that's our top story on thursday, 27thjune. is fast fashion giving way to the sustainable wardrobe? can they both serve the same purpose? we will be discussing the ethics of shopping. also, the issues

ofair, see ethics of shopping. also, the issues of air, see and travel, backlash. also in the programme... us regulators have uncovered a possible new flaw in boeing's troubled 737 max aircraft that is likely to push back test flights. a mixed picture on the markets in europe, germany leading the way, we will talk about the reasons why. heart disease is the number one killer worldwide. we're speaking to the med—tech firm who deploys artificial intelligence to detect coronary heart disease and lend a helping hand to surgeons. also in the show, fast fashion. ending throwaway culture. do you love fast fashion? or do you prefer life in the slow lane when it comes to clothes? let us know — just use the hashtag #bbcbizlive. let us get started. i look to pack into today's business live. —— a lot

to pack in. we start with fast fashion because swedish clothing giant h&m has just reported its latest results. profits for the three months to the end of may were down slightly compared with last year, although it says sales of its summer collections are off to a good start. along with spanish rival zara, it has transformed the fashion retail business over the last couple of decades by offering on—trend designs at affordable prices. but there are growing pressures on the world of fast fashion. it's a vast global industry. h&m now has almost 5,000 stores in 72 markets around the world. zara owner inditex has twice as many. but new online—only rivals are bypassing the high street altogether and beating fast fashion at its own game. the likes of boohoo can take a garment from concept to sale in as little as two weeks. h&m can take months. and the industry as a whole is also under growing scrutiny over its labour practices and sustainability. h&m is reacting to public concern

by pledging to use 100% recycled or sustainable fabrics by 2030. but the fast—fashion culture means we're throwing away the equivalent of a whole garbage truck of clothing every second, according to the united nations. joining us is miya knights, head of industry insight for eagle eye and co—author of the book 0mnichannel retail. thank you for coming in. the h&m customer is pretty price sensitive, young adults, teenagers. for them, does sustainability come with a price tag? i think, yes, it does, still very much wedded to fast fashion, particularly with the trend is moving so quickly nowadays, that generation, the instagram generation being so heavily influenced by celebrities and the way they use fashion and move so quickly

nowadays. but at the same time, i think we are also seeing a small shift in consumer attitudes towards sustainability, they are potentially more likely to buy brands that focus on sustainability, that champion sustainability as part of their brand and purpose. there does seem to bea brand and purpose. there does seem to be a disconnect between what consumers say and what consumers do. there are lots of surveys that say millennial is an generation z are very happy to support ethical businesses, that is what they want to do, you look at the growth of the big online retailers, it is precisely those people motoring through all of the stock. how do you change these consumption habits or can you not? it has to be a combination, two pronged approach, manufacturers and retailers have to work harder to prove sustainability positions, to make sure the products

they produce from a fast fashion perspective are more sustainable and kinder to the environment, using more recyclable materials. and they can work out to consumers also change their mindsets. retailers and brands should really try and reduce the amount of stock, overstock, they produce. by demand more tightly to supply. and make sure consumers are aware where the products are coming from and the cost of the environment when they buy fast fashion. looking at the h&m numbers, in fact, the amount of stock left unsold is rising, 4%, this is an issue. different retailers have different ideas as to how to sort out this problem. we were talking about when close, different ideas. absolutely. there are a number of initiatives h&m and other fast fashion

there are a number of initiatives h&m and otherfast fashion retailers have adopted over the last few yea rs, have adopted over the last few years, encouraging recycling in—store through discounting, another suggestion has been to offer the customers opportunities to repair closed in—store so they last longer. urban outfitters, they have recently embraced the idea of renting close. it is often more expensive to amend something, £10 to fix something, than to buy a replacement £30. absolutely. that goes back to when we buy cheaper products, they must be made in a more sustainable way —— by a replacement £40. 0verstocking problems, they could also monitor demand much more sensitively and make sure they are only producing the amount of stock needed. thank you very much for coming in.

let's take a look at some of the other stories making the news. the south china morning post is reporting the us and china have tentatively agreed to another truce in their bruising trade battle. citing unnamed sources, the newspaper reports that the details of the agreement are being finalised and will be issued ahead of the g20 summit in japan this weekend. us president donald trump and chinese president xi are due to meet at the g20 on saturday. facebook chief mark zuckerberg said the firm took too long to flag a doctored video of us house speaker nancy pelosi, describing it as an execution mistake. the firm was criticised for not taking down the altered clip which made ms pelosi appear incoherent. mr zuckerberg also addressed the firm's wider struggle with deepfake videos. food delivery platforms are undermining public trust by hosting outlets with poor hygiene ratings, according the uk's food standards agency. the comments come after the bbc discovered hundreds of takeaways with low fsa hygiene scores

available onjust eat and deliveroo. us regulators have uncovered a possible new flaw in boeing's troubled 737 max aircraft that is likely to push back test flights. the federal aviation administration said it had identified the potential risk during simulator tests but did not reveal details. theo leggett is in our business newsroom. pretty worrying development. yes, but i am sure not entirely unexpected. in the two crashes involving the 737 max, 346 people died. when it flies again, it has to be unquestionably safe. don't forget the federal aviation administration, the federal aviation administration, the us regulator, has been coming underan the us regulator, has been coming under an enormous amount of pressure over what it did and did not deal in

the process of certifying the 737 max in the first place. it has been accused of being too close to boeing, allowing them to mark their own homework. in these circumstances, they have to do the right thing and it also has to be seen right thing and it also has to be seen to do the right thing. if there is the slightest question over the validity of the aircraft, the slightest potential problem, it has to react. i am sure boeing has been factoring latin. the latest on boeing. ——i factoring latin. the latest on boeing. —— i am sure boeing has been factoring that in. reports we have been hearing about the trade talks between president xi and president trump, different news sources saying there is some deal in play, waiting for confirmation. president trump was on fox business tv last night in an interview when he said he was ready with a plan b

and ready to slap tariffs on chinese goods going into the us if he does not get the deal he wants, let us not get the deal he wants, let us not get the deal he wants, let us not get overenthusiastic. europe, h&m results that, on track, saying they are pushing through with plans to redevelop and shares up 9.5% at the moment in london. across europe, slight gains, germany up 0.5%, kingfisher, new chief executive, the owners of bm). and samira hussain has the details of what's ahead on wall street today. reporting earnings for the fourth quarter on thursday. analysts are expecting high demand for women's clothing will have boosted profits for the sportswear company. nike ma nufa ctu res for the sportswear company. nike manufactures 25% of footwear and

close in china so the company may also comment on any particular impact on washington's proposed ta riffs impact on washington's proposed tariffs on chinese imports —— clothes. the us federal reserve on thursday will report results for its annual stress test of large banks and the commerce department will release its third reading of the gdp for the first quarter. joining us now is james bevan, chief investment officer at ccla investment management. thank you for coming in. great to be here as always. shall we talk 620, big market moving event, how are things shaping up? the big challenge is what will president trump say on trade and there is a lot of gossip. demonstrating he believes we are getting closer to a deal, 90% done, he thinks. the last 10% of any negotiation is always very difficult. mr trump still swaggering that he may well decide to turn nasty on china, that would really

upset markets. interestingly, a great story circulating that he wa nts to great story circulating that he wants to be nasty because he wants the federal reserve to cut rates and if he is nasty, they likely will at the end ofjuly, then he can get a deal. then the voters next year will love him for it. powell would be furious. what can we read between the lines? different reports coming in from various sources, as an investor, what do you do? abundantly clear mr investor, what do you do? abundantly cleaertrump is investor, what do you do? abundantly clear mr trump is correct to say he needs fair trade, not free trade. the notation command have had a free run at being able to sell goods below the cost of production for decades —— the north asian command. trump is correct to identify this as a challenge for us business and to seek a solution. whether or not bashing them on the head and saying, i need a deal or i will be hurried, whether that is the correct way to

deal with negotiation, i don't know —— or deal with negotiation, i don't know ——ori deal with negotiation, i don't know —— or i will be hurried to you. deal with negotiation, i don't know -- or i will be hurried to you. good yearfor bitcoin, some signs of cooling down yesterday. very significant at... in part on the back of facebook having its crypto currency next year, people saying, that makes it sort of risk —— sort of respectable. negative interest rates in the eurozone, japan, quite easy to determine you might like a crypto currency and therefore i suspect we will see a very volatile ride but for me bitcoin still does not have the fundamental underpinnings of a real currency and soi underpinnings of a real currency and so i will leave it well alone. thank you, james. see you later. still to come... heart disease is the number one killer worldwide. we'll be speaking to the med—tech firm who deploys artificial intelligence to detect coronary heart disease

and lend a helping hand to surgeons. you're with business live from bbc news. in the uk... first—time buyers need an average income of £54,400 to get on the housing ladder — that's according to new research from home search site zoopla. it is quite a different picture depending on where you are in the country. in liverpool, you can afford a home on an income of £26,000. but in london, that goes up to £84,000. richard donnell is research and insight director for zoopla. richard, what does this tell us about those trying to get on the housing ladder, just getting harder and harder? it is, but first-time buyers are the biggest by a group at the moment, accounting for more than one in three sales, the whole point about regional differences is very important. first buyer numbers falling in london but rising

everywhere else. that is largely to do with affordability which away from the south—east of england looks pretty attractive. affordability improving on any towns and cities? the most expensive cities, places like london, oxford, cambridge, affordability has improved slightly largely to do with a modest cut in mortgage rates and a slight fall in house prices, but still pretty expensive in those markets and first—time buyers will keep struggling to get on the housing ladder. what about some of the government scheme is introduced, what extent have they impacted affordability? help to buy, the main skin, 11% of all first—time buyers use that to buy a new home, that helps affordability —— main scheme. allows people to buy on an income £15,000 less. it has supported the new homes market and had a big impactand new homes market and had a big impact and there is a debate about what the future of help to buy is and the level to which the government is looking to change it

in coming years. thank you, richard, from zoopla, interesting insight into what is happening in housing market at the moment. business live page, update on shares for the retailer h&m, 12% rise in sales, interesting this switch of strategy. they say they will open fewer stores this year and invest further in online shopping, an area they have been a little bit behind some of their competitors. the nation's biggest seller of cars, their bosses going afterjust four biggest seller of cars, their bosses going after just four months, biggest seller of cars, their bosses going afterjust four months, shares down almost 4% at the start of trade. plenty more on the business live page if you want more business needs. —— business news. we are looking at fast fashion. the latest results from h&m show it is

battling online rivals among concerns among sustainability. h&m, one of the winners on the london market, at nearly 10%, numbers looking pretty solid and in line with expectations. now let's talk about a condition that affects millions of people and responsible for the most deaths worldwide. more than 17 million deaths worldwide is caused by cardiovascular disease. that's around 30% of all global deaths. of these deaths, 85% are due to serious heath disorders such as heart disease and stroke. but the disease can sometimes be quite difficult to diagnose. heartflow says its new test is helping to change all that. the us—based firm specialises in creating computerised heart models to treat coronary diseases.

with us now is charles taylor, co—founder of heartflow. fascinating to see the heart organ like that in a computerised form. explain how it helps those trying to medicate those with problems. many patients that go to their doctor with chest pain or symptoms of heart disease, very difficult to determine whether they have disease or if they should be treated with medicine, maybe they need surgery. very difficult to make the diagnosis. 0ur technology helps cardiologists and radiologists make a better diagnosis by providing information about if there is disease in the heart, is it limiting blood flow to the muscle of the heart and if so what is the best way to treat it? limiting blood flow to the heart, how likely is that to bea to the heart, how likely is that to be a cause of serious heart conditions? what percentage are we talking? coronary artery disease is a major reason that people have heart attacks. of patients that

present with symptoms, may be about 20% of them or even less have life—threatening disease. most of the other patients can be just sent to the cardiologist to get medical treatment, statins, to lower cholesterol, or blood pressure medication. the idea of having the testis medication. the idea of having the test is therefore those people can be treated on tablets quite quickly and be taken off waiting lists. that is right, instead of going in for an invasive procedure where they need to get a test that poses some risk to get a test that poses some risk to them, takes a long time and cost quite a bit of money, they can get a noninvasive diagnosis much faster. you work with the nhs, 40 hospitals currently run your system, you work in the united states, japan, how did this all start, going back 20 years? the initial research i started to do to combine medical together with computer models dating back 20

yea rs, computer models dating back 20 years, it started ten years ago, the company. we can now have a lot of clinical data showing the test works well and it has been introduced to many health systems including here in england. in terms of how you are paid, basically, when the patient uses this kind of tech or a doctor, you get paid per usage, is that how it works? yes, per patient. the physicians send us the data, we send back results. how has it been to receive funding to this technology? —— how is he has it been to receive funding for this technology?m —— how is he has it been to receive funding for this technology? it has taken time to be introduced. here in england, we have had funding for 16 months from the nhs as a result of their innovation technology programme. it is now... we have applied this to 5000 patients so far and should be another 10,000 more this year. you have a lot of data on

all of these patients and i am sure eve ryo ne all of these patients and i am sure everyone wonders about the security of that, where is it? that is absolutely true. for our technology to work, we have two aggregate data from patients to make the test better. every patient cared for, it ultimately makes the technology better for all other patients. but indeed, we have to be very careful and treated very securely and protect the privacy of patients. thank you for coming in, charles taylor from heartflow. thank you for coming in, charles taylorfrom heartflow. fascinating. 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. insight and analysis from our team of editors around the globe. we want to hear from you too. get involved on the bbc‘s business live web page.

0n on the bbc‘s business live web page. on twitter... bbc business. you can find us on facebook. business live on tv and online. what you need to know, when you need to know. james is back as promised. we will look at some business stories being discussed in the press. interesting one, bloomberg calling an exclusive, about company macro, saying their personnel work with china's military on research projects —— about company macro. to anticipate telecommunication companies are not talking to the military all the time is fundamentally absurd. something as basic as gps, the systems that work out where we will drive, it was developed in the 1970s by the military and made available for the domestic audience in the 1980s. you are saying it is not as big a deal as perhaps bloomberg is portraying,

what are they saying they have found? they are saying there are a number of papers of military significance authored by academics who are saying they work for huawei, drawing a direct link on these papers are widely known, clearly there are all sorts of papers written that see the light of day because they are sensitive in a military context. of course, they therefore will be claiming it is the tip ofa therefore will be claiming it is the tip of a very large iceberg. very different story, the guardian, generation rent. these are people who feel they cannot buy a place of their own because of affordability issues so they are renting. but such issues so they are renting. but such is the demand on these places, the people who are supplying the flats can ask what they want from the people renting. some rather separate issues which we need to unpack. it issues which we need to unpack. it is correct about a quarter of people in private rented accommodation as

estimated by 2021, 2017, about £50 million was passing as rent in the uk. absolutely speaks to the challenge of limited house availability and very high prices. the last time we saw this was in the 19305 the last time we saw this was in the 1930s when neville chamberlain was chancellor and he cut interest rates to 0.6%, where we are today. interestingly, he created new credit, we had a housing explosion, because he also removed planning restrictions and huge swathes of what we now take to the traditional london were built in that period. the big excess supply allowed prices to become much more affordable. today we have very limited supply, hence very high prices. it is a very interesting piece because it describes people who will be living in someone else's house in a sense asa in someone else's house in a sense as a paying guest. i think that her fundamentally very different —— i think that is fundamentally very

different. this article is not looking at affordability, funny stipulations of landlords. how long you are allowed your hair straighteners on, can you have visitors more than twice a month?” do not think it is in some ways unreasonable. there are absurd edges to everything we do. if i say, can i come and live with you? yeah, but there are house rules you have to obey if you want to be in my house. ican obey if you want to be in my house. i can believe that. social media about fast fashion now. thank you. we were asking you at the start of the show about fast fashion and sustainability, we have heard from some. people need to understand they have outsourced pollution and exploitation to china and india, so people who buy stuff because it and own it. out of sight, out of mind, does not cut it. one view of fast fashion. plenty more. join the conversation. keep it going after

the programme has finished. for today, that is it from us. see you soon. today, that is it from us. see you soon. goodbye. mostly cloudy over the last few days, rain and thunderstorms, but finally, today, many of us will get to see the blue skies and sunshine. 0ver to see the blue skies and sunshine. over the next few days, turning very warm, not sunny for all of us this morning though, cloud in central and eastern parts. coast of norfolk and suffolk, cloud lingering and cloud in the far north of scotland. 0therwise, plenty of sunshine, quite breezy, especially in the south. wind coming from the northeast meaning the north sea coast is a lwa ys meaning the north sea coast is always a bit fresher and cooler. further west, highest temperatures, up further west, highest temperatures, up into the mid—20s for western

areas of england and wales. tonight, north—easterly wind, starting to drag in more cloud from the north sea. by tomorrow morning, many starting off with a fair amount of cloud again. stick with it, the cloud again. stick with it, the cloud will tend to clear away. higher pressure moving towards the east on friday, setting up a south—easterly wind, bringing the very warm airwe south—easterly wind, bringing the very warm air we have had recently across parts of europe. you notice towards the western areas again, where you have the orange colours, giving warmer air. friday morning, the cloud will burn away back to the coasts, lingering for a bit and eastern areas, but lots of sunshine expected friday afternoon. maximum temperature up again to 26—29 in parts of western scotland, western england, west wales, a little bit fresher on the north sea coasts. saturday, lost the north—easterly,

the highest temperatures will be to the highest temperatures will be to the east where we could see up to 32 degrees in the south. a bit fresher further north and west. a bit more cloud and showers for scotland and northern ireland. that is because we have a weather front moving east and as we go into sunday, the wind changes again, coming more from the west, cutting off the very warm air from the near continent. they fresher feel, more from the near continent. they fresherfeel, more cloud, sun showers across northern and western areas “— showers across northern and western areas —— a fresher feel. temperatures down considerably compared to saturday. still feeling fairly pleasant in the sunshine. goodbye.

you're watching bbc news at nine with me, annita mcveigh. the headlines: scientists say they're hopeful cervical cancer could eventually be eliminated, thanks to a vaccination programme targeting the hpv virus. new campaign pledges from the conservative leadership candidates. borisjohnson wants a points system for immigration and jeremy hunt would scrap tuition fee debts for some young entrepreneurs. the metropolitan police commissioner, cressida dick, says too many crimes are being left unsolved and that national detection rates for some offences are ‘woeful‘. the first ten hopefuls in the race to be the democrats' nominee for president go head to head as healthcare, gun control and immigration dominate the debate.