this is worklife from bbc news, with victoria fritz and maryam moshiri. feeling the force. disney is turbocharged by a record run at the box office. live from london, that's our top story on friday it's the 8th of november. it's a blockbuster three months for disney after its mega—takeover of fox. we'll ask where the launch of its streaming service could take the entertainment giant next? from star wars to trade wars, is there light at the end of the tunnel? markets hit new record highs —

as china and america edge towards a deal. also on the programme: this is the man who is billions of dollars poorer —— after wework‘s dramatic fall from grace. we'll assess how masayoshi son got it so wrong. talking of offices is your workplace up to the job? we'll get the inside track on the changing face of the workplace with a boss of a global architectural firm. so today we want to know are you happy with where you work? what are the benefits of your own space or an open plan environment? let us know your thoughts. just use the hashtag bbcworklife. a warm welcome to your friday edition of worklife. today we're focusing on the changing face of entertainment. and the force is with walt disney, the house of mouse, which has been expanding its empire

and is about to enter the world of streaming. money coming into disney — or revenue — was over 19 billion dollars — up by more than a third on this time last year. it was boosted by its takeover of 21st century fox — which now finally gives it all the rights to the star wars movies. disney plus will soon take on the likes of netflix and amazon prime — offering decades of classic films and tv shows — including star wars, marvel and pixar movies — for $6.99 a month disney's theme parks have also done well — with sales up 17 per cent. plus it's had a record—breaking run at the box office. both the lion king and toy story 4 topped $1 billion in worldwide sales in the three months to the end of september. tom harrington is senior research analyst

at enders analysis and joins us: i'm not going to bring you up with lots of disney plans, but who is going to pay the money for the old stuff that you could see anyway, you've got to pay a similar amount for netflix? it's not a similar amount, it's cheaper than netflix, some would say it's better quality content than netflix. and you won't even be paying six dollars 99. some people will get it for free. that's 18 million towards the goal of subscribers that disney have in the next five years. what about innovation, consumers want new box sets more and more, are they going to get that from disney, will the money be there? there's plenty of money be there? there's plenty of money there. they are moving shows from the disney channels, you will get films which were originally going to be theatrically released, they will be on the service. no

shortage of money. you sound like a fan, tom. you got your tickets for frozen already? i am a massive else afan! frozen already? i am a massive else a fan! of course you are. this is interesting, this is a big media company trying to turn itself into a tech company and when you look at some of the rivals, let's say, apple for example, if the opposite, tech companies trying to go into media so who will be more successful, which way is the best? great question, it's very difficult to have a legacy business and move into the online world. one of the reasons netflix has been so successful, it's a very simple business, content on screen and that's all they do, you pay for and that's all they do, you pay for a particular amount and watch it, disney have this older business. they still have the channels, theatrical release movies and they still have to move across and there isa still have to move across and there is a technical element and dealing with the direct to consumer outlet which remains to be seen whether they can do that but they probably have the technical capability, the

body company few years ago is a leader in tech and it is getting out and reaching consumers which will be the difficult part. they've tried to do this before. we've got disney life and how many people have got the subscription is, not very many so the subscription is, not very many so what do they need to get disney+ over the line? it will have all the films that disney life didn't have, it will be more original and that's what drives new additions of streaming services. that's the main things and distribution on pay—tv channels, which they've been quite energetic about and disney life didn't really have. tom, good to talk to you and thanks forjoining us. talk to you and thanks forjoining us. and enjoy frozen. i have got tickets, i was literally the first person online to buy tickets count of the opening day, the day after but i have daughters under the age of seven. they are not going though, are they? no, it'sjust me. it's just me! b! let's look at some of the other stories.

tens of thousands of lufthansa passengers face further disruption as a strike by cabin crew enters its second day. the german airline said it has cut 1300 flights since thursday. the flight attendants union has agreed to talks over the weekend in the dispute over pay and conditions — but says the strike will continue as planned until friday night. a thinktank has called for the restructuring of britain's care home industry. the centre for health and public interest says hundreds of millions of pounds of fees paid by residents and local authorities never get spent on frontline services. it estimates that 10 per cent of the industry's annual income — nearly 2 billion dollars — is spent on interest on loans or rent. the market—leading us e—cigarette maker, juul, has decided to stop selling its mint—flavoured nicotine products with immediate effect. the decision follows an annual youth tobacco survey showing that vaping among teenagers is at an all—time high, and that mint is a popular flavour with them.

could there be a positive development in the us china trade war? we have been here before, haven't we? both sides say they will start removing tariffs on each others' goods as the first phase of a trade agreement — if they can reach one. global stock markets have reacted cheerfully to the news, but there's still a long way to go. reacting with gusto to the news! as have you! and why not? it is friday, after all. karishma vaswani is in our singapore bureau — what's the response from the us? frankly, so far, it's a mixed response, on the one hand we've seen one us official saying we could roll tariffs if we got to the phase one pa rt of tariffs if we got to the phase one part of this deal but there also reports within the administration, there is a lot of discussion shall we say, whether or not they should

go about lifting these tariffs so easily at a point when the us and chinese have yet to hammer out some of the fundamental parts of this trade agreement. remember, it is one of the only ways that america can continue to sort of hold this mistake over china to get them to the negotiating table and to get what it wants out of this deal. and if we get phase one of the steel what about the second phase, what happens then? with phase two, it's a much harder slow, these are issues like intellectual property protection, the fact that the us accuses china of forcing american companies to hand over their tech to chinese companies and of course, the issue of enforcement which is like the tariffs are such a big deal in all of this. that is going to be a much harder discussion to have a lot of a nalysts much harder discussion to have a lot of analysts saying to me what president trump wants is a quick and easy phase one so they can start talking about phase two but with

mixed reports on either side it's ha rd mixed reports on either side it's hard to see when that is going to be signed in the first instance and where. of course, the key issue is even though president trump has said that he and the chinese president will sit down and sign the phase one pa rt of will sit down and sign the phase one part of this deal, no location has been determined just yet. 0k, thank you so much. wall street's three main equities gauges closed at simultaneous record highs on that trade news. what else is moving the markets? news that saudi arabia is said to be tapping billionaires for shares in saudi aramco — and spain heads to the polls for the fourth time in as many years. separately, a "fully informed" european commission president jean—claude juncker said european union carmakers can breathe a sign of relief, pledging the us. won't impose tariffs on the region's cars next week as threatened. lots of trade news coming out.

time now for our daily look at some of the newspaper and website stories which have caught our eye. joining me is russ shaw, founder of tech london advocates. good to see and thank you for joining us. we've been perusing the newspapers this morning, couple of interesting things, trade, this article in the times newspaper, talking about china raising hopes of a trade deal with the united states, we've been here before as we've said. let's talk through what this actually means consumers, you can talk about the wider macro economic impact of this trade war so far but what about what happens to people in the us, china and globally?” what about what happens to people in the us, china and globally? i think both us and china are seeing a bit ofan both us and china are seeing a bit of an economic slowdown, i was in china a few weeks ago, their growth rate is 6% which sounds great, but actually, it's the slowest in three decades. what that means for the consumers there and in the us, they are going to be paying more for these products that they are purchasing, something like two thirds of all goods from china go to

the us and have tariffs, and i think it's something like 60% of goods from the us to china that have ta riffs from the us to china that have tariffs so that's a significant number. globally, that means we could be going into a global economic slowdown, for people in the uk, europe, etc that doesn't bode well, especially with things like brexit on the horizon which will bring a potential slowdown as well. that's not a good indicatorfor the average person on the street. let's return to the story that you picked out in the new york times. i mean, the embarrassment, it's difficult to think of another word. of the investment, softbank has made in we work and what it really says, about the founder and whether or not anything has really been learnt from the fall of this company. anything has really been learnt from the fall of this companylj anything has really been learnt from the fall of this company. i think the fall of this company. i think the founder of the softbank vision fund is leading a bit of humble pie this week, he said are a mess and i think it has dented confidence in

the softbank vision fund. you got the softbank vision fund. you got the tobacco with we work, they've invested in uber which haven't had great ipos this year. and it's showing potentially their strategy, they are ip owing quickly, it's a significant fund, they are about to close another $100 billion fund but i think it's raised some clouds on the horizon for them, is this disruptive strategy and investment versus venture capital community, is it really working well and so far, the signs are mixed. and also the argument of profit versus growth, there has been a mistake made, after mistake made on these things as well? i think this will shift the pendulum a bit, particularly us firms who have driven the growth agenda dramatically at the expense of profitability, i think you're in the uk it's been a bit of the reverse , the uk it's been a bit of the reverse, the uk tech investors have focused much more on profitability.

why is it different, are we more careful here? i think it's a bit of legacy, the us tech investor has been around for decades, there is a real tradition and we've seen it in the past 10—20 years, companies like amazon, apple, very much focusing on growth, not so much on profitability, we are starting to see that change, that's why the uk tech ecosystem, after the us, after china is probably the most successful in the world. the investor mentality shifting her to focus more on topline growth.|j investor mentality shifting her to focus more on topline growth. i want to bring in a company, arm holdings, you said we don't really have tech entrepreneurs, we don't have tech investors, it's not something we do here in the uk, that's not true because warren east led this company for many, many years and has now stepped down, arm holdings, softbank isa stepped down, arm holdings, softbank is a huge investor in this. so what does this mean for the future of arm holdings, do we know? first of all, to clarify a huge sector of the uk

tech sector. don't forget where you are sitting, this is london, mate! arm is a very interesting discussion point which relates to this, it was acquired by softbank three years ago, right after the referendum happened. and there was some consternation, the largest tech company in the uk is being held by a foreign company. we picked up this year that arm and softbank are talking about floating or re—floating on within the next 3—5 yea rs. re—floating on within the next 3—5 years. i actually think given the news coming out this week, a timetable which they put at 2023 will potentially come forward to help them cover some significant losses that they are seeing in the front. interesting. nice backtracking! i am onlyjoking, thank you, pleasure to have you here. have a good weekend. thank you both. still to come... are we building office spaces that work for us? are we, here at the bbc?

we'll get the inside track on the changing face of the workplace with a boss from the architectural design company gensler. you're with worklife from bbc news. could you spot a scam involving your pension? pensions regulator the financial conduct authority says many people can't. it says scammers can wipe out 22 years of savings in just a few hours and is launching a new awareness campaign. honey langcaster—james is a behavioural psychologist let's run through some of the tactics that the scammers are using. i think probably one of the most common tactics is to put you under time pressure and they do that very subtly, they will often say things like look, ijust want to one you, there is only actually another day or so for you to get this offer and that makes you think, gosh, i don't wa nt that makes you think, gosh, i don't want to miss out so you don't

necessarily check the small print or really go perhaps onto the financial conduct authority website and check if they are actually registered. so those are the kinds of common things they will do but the other things they will do but the other things they will do as well as they will often offer you a free pension review and you think well, this is free, what harm can there be, what risk can i be under? but unfortunately, that's often the sign ofa unfortunately, that's often the sign of a scam and anybody contacting out of a scam and anybody contacting out of the blue as well, it's actually not permissible to contact you out of the blue to ask to talk to you about your pension. so if you get an e—mail or phone call, cold call from someone who is not your actual pension provider, that is a huge red flag straight away. and it's so important that people are a scam smart about their pensions because it can take you, on average, what was lost last year to the average person who was scammed, was 22 years of their pension savings. and it can be gone in 24 hours. very briefly,

more highly educated people are more at risk and more of a target, why? it's interesting, actually anybody can be a target so we are not saying this isjust can be a target so we are not saying this is just highly can be a target so we are not saying this isjust highly educated people but one of the things that came out of the research, was that actually you are 40% more likely to fall victim to a scam if you are highly educated and we think it's because of overconfidence, we think that what happens is you think, i'm not likely to get scammed or i to be able to spot a scam and as a result of that you tend to take less steps to check everything is ok butjust to check everything is ok butjust to be clear, anybody can fall victim to be clear, anybody can fall victim toa scam. to be clear, anybody can fall victim to a scam. thank you very much indeed. plenty more available on the website. just go to business live. see you in a moment. you're watching worklife. a reminder of our top story: disney is turbocharged by a record run at the box office —

its released its latest earnings of over 19 billion dollars. now let's get the inside track on where you work. is your workplace designed to make your day easier? or does it make your heart sink? it depends who i am going to be working with victoria! technological changes and globalisation are also altering how we work too — with more of us now working flexibly and as freelancers. yet despite this trend, research from architecture firm gensler — and the british council of offices — found 40% of flexible office space users would rather work in a conventional office. that does not surprise me in the slightest. duncan swinhoe, managing principal at gensler is with us now. iam not i am not surprised, she is, but i think, it's so difficult with open plan, isn't it, working with people around you making noise, putting you off, your own office space, you

little space, does it work better, is it more productive? the research that we've undertaken and we have a huge body of research over many years, it's about choice, allowing people to decide where they need to work for the kind of activities that are taking place, people commonly think work is about doing tasks but actually, successful businesses, we have found, really invest in spaces for socialising, collaboration, learning and if you think about a multi—generational workforce, finding ways to connect the values of the individuals together is super important and so, having spaces that are actually tailored for the individual companies needs rather than the individual itself is driving business performance for those businesses and i think that's what is underpinning white people are searching for more bespoke spaces for their businesses.” are searching for more bespoke spaces for their businesses. i can understand that and i can understand some of the research around it but the reality is, in this country and in others, investment is falling, investment in people is falling,

investment in people is falling, investment in people is falling, investment in buildings is falling, tech, you name it, more people working in older buildings, ageing systems, the lot. are there any easy wins? that you can identify? we are in 48 different cities around the world and we opened our new headquarters here in london, it's an old building, 1980s building, you would typically think of as being a bit behind its times, things like removing all of the mirrored glass and allowing daylighting, connecting the floor plates together so people use stairs rather than less, ringing in plants that increase the quality that helps your cognitive functions, a huge amount of research around these things. even in the simplest work spaces things around good quality lighting, access to daylight, opening the windows, leading fresh air in, things like that can really make a difference. movement, moving around and not being sedentary, all of these aspects can help work from all different kinds of businesses from the very sophisticated tech companies through to very, very simple start—ups and these simple

techniques can be applied across the range of business types. we've been talking about the co—working company we work hitting the headlines for all the wrong reasons. what's the future do you think the co—working offices? people working different jobs in different areas but working in the space, same space, sharing space. work is happening anywhere and that only continues with 5g and the ubiquitous nature of being able to do work while travelling, on the commute but it enables flexibility, you can build around your lifestyle soi you can build around your lifestyle so i think there is a role for places to people for people to come together, especially working on your own, come together with people in a social environment is important but i think it's going to evolve, it's become more about businesses within them and less about being anonymous in these big factories of co—working spaces. how do you do that? if we are going to have a rising number of people working as freelance for example. smaller businesses, how do you create effectively local communities where there is that a sense of sharing and productivity?

we have actually launched a new product with british land, one of the landlords we work as a tenant, they are starting to create flexible work businesses, it's a combination of having individual working areas for businesses but then shared spaces and amenities where the businesses can come together and collaborate and i think it's finding those combinations which is very important. so lovely to have you on the programme, thank you so much.” think we need a pot plant. the key thing is a pot plant and you are the girlfor thing is a pot plant and you are the girl for that. you the garden guru. i'm not sure we are going to be cracking any windows, we are just outside oxford street. you start singing you will get the windows cracking. in a moment we'll run through some viewer responses to our twitter question. but first it's friday and time for another of aaron's million dollar ideas. the technology behind this everyday item might be out of this world. but we'd be lost without it here on earth let's take a look.

yes, it's the satnav, where would we be without it? i tell you, pulled up on the side of the road, struggling with a map. where is earls court? in the 1930s the italian touring club tried to help drivers, look at it, it was a paper map behind a screen which would roll up when you drove along, but if you went off route by mistake, it couldn't put you back on track which was the whole point of a navigation system. but in the year 2000 this man right here, remember him, the us president bill clinton allowed civilian organisations to use all the technology offered by america ‘s military satellites. they could pinpoint locations to within metres. in 2000 for the dutch company tomtom jumped in, metres. in 2000 for the dutch company tomtomjumped in, bringing out its first portable satnav. it sold 80 million of them and at its height, it was making $2 billion in sales every year. but nowadays,

smartphone makers are putting satnav technology on our devices. which means today, we are all satellite guided, yes, no matter how we travel. beep, beep, beep! laughter i never get used to his delivery. we've been working with them for yea rs. we've been working with them for years. billion! 15 years. 18 years for me, goodness me, it's been a long time. at the top of the show, we asked you about where you work — is it an open plan environment or do you have you own space? let's take a look at how some viewers have responded: lauren andrews says... when i go for an interview, i ask to see where i would be sitting, it affects my response. mark broadbent tweeted. .. open plan, but without a doubt, clean, tidy and contemporary. otherwise i want to work from home. you and i don't have that work from

home choice unless i have you on face time. maybe that's an idea for the next show? let's move with the times. we will facetime in with our pyjamas. i will be wearing my sunday best! and dan condon says i prefer my own space away from other workers. i like to be a lone wolf at work can you imagine working with you as a lone wolf? i've got quite a loud laugh, i have to say. peter says an open layout is great if the concentration is required to com plete concentration is required to complete work but if those were engineers, they'd go nuts from co nsta nt engineers, they'd go nuts from constant talking and interruptions around them. that's very true. and also we have one from adrian, who says i've decided what we need is windows you can open to get fresh air, notjust recirculate germs around a building. have a great show, guys. adrian, our producer, we agree with you. i think you are probably at home sick, i saw him

with all his tissues and vitamin supplements. poor guy. get well soon. thank you for watching, have a very happy friday. absolutely, have a great weekend. see you soon. good morning. we've seen from the news pictures we've had quite a bit of flooding across northern england yesterday and overnight. over 100 flood warnings in force at the moment from the environment agency. you can get more details on the website. this is the rainfall radar that we sell from yesterday and overnight. this band of rain didn't move overnight. this band of rain didn't m ove very overnight. this band of rain didn't move very far at all, giving over a month ‘s worth of rainfall in sheffield for example. adding to what has been a very wet october leading to flooding. a much drier day in prospect today, some sunny spells. the rent that we got this morning will edge to the south—east of england, quite patchy but cloud here this afternoon after a cold and

frosty start. some showers to come across eastern areas, for most of us it's dry, bright, some sunny spells, still feeling quite chilly, temperatures getting to 6—11d. through this evening the cloud and rain across the south—east tending to care, we are looking at clear skies, going to be a cold night. widespread frost, you can see the blues right across the uk. temperatures down to —3, —4 in quite a few areas, not quite as cold in northern ireland, we've got some rain moving its way in and you can see from the pressure chart this next weather system pushing its way eastwards during saturday. but it's going to bump into some pretty cold airso going to bump into some pretty cold air so there is the risk on saturday of some hill snow in north wales, the southern pennines, that could stick around over the hills. you can see the rain pivoting, moving its way south—east, further north and east staying dry, some sunshine, temperatures are struggling, particularly under this area of

rain, three or4 particularly under this area of rain, three or 4 degrees, temperatures widely six or 7 degrees. into sunday, the weather system and slipping away to the south. going to be a drier picture i think on remembrance sunday, so if you are going to parades or any events, it's looking try and there will be sunshine around during sunday. a bit of cloud here and there. we will see temperatures getting up to around 6 degrees in the central belt. nine, 10 degrees down in towards the south of england. into next week, changeable, there will still be some outbreaks of rain at times, a bit of sunshine here and there, each day will be slightly different. temperatures are still around 8—10d. that's it from me. goodbye.

you're watching bbc news at nine with me, annita mcveigh. the headlines: around 100 flood warnings are in place across northern england and the midlands after torrential rain causes flooding, mudslides and serious disruption to roads and rail services. residents in rotherham have been urged not to leave their homes. in sheffield, a major incident has been declared. dozens of people spent the night stranded in a shopping centre. i went to leave at 4:40pm, out into the staff car park, it took me and a half and i came back into meadowhall. my concern is the children, walking around in pyjamas, because they have come to the concert and not been able to get home.