Skip to main content

tv   Worklife  BBC News  January 29, 2020 8:30am-9:01am GMT

8:30 am
this is worklife from bbc news, with sally bundock and karin giannone. british airways suspends flights to china, as the fallout from the cornovirus continues to spread. live from london, that's our top story on wednesday the 29th of january. the airline joins the likes of starbucks, mcdonald's and toyota by pulling back their operations within the country. also in the programme... apple smashes its own records, as a surge in iphone sales sees its earnings soar.
8:31 am
and all eyes on boeing, with the troubled plane—maker set to give the markets an update on its grounded 737 max jets. and a carers‘ dilemma — we speak to a former high—flying dj who stopped spinning discs to look after her elderly mum. lets us know any of your thoughts about any of the stories in the programme. just use the hashtag #bbcworklife. a warm welcome to the programme. let's start with the consequences from the cornovirus, because in the past hour british airways has announced it's suspending all direct flights to and from mainland china. it comes after the uk foreign office advised against all but essential travel to the country. other multinational chains such as starbucks, mcdonalds and toyota have also announced in the past 2a hours that they are pulling
8:32 am
back their operations within china. travel expert simon calder nowjoins us. he has got the very latest. tell us more about be a's decision. very dramatic. the foreign office said last night they advised against all but essential travel to mainland china, excluding hong kong and macau. british airways acted very quickly. they said they would bring theirflight back quickly. they said they would bring their flight back from beijing, quickly. they said they would bring theirflight back from beijing, the capital, and shanghai, which were due in today. they are actually flying over siberia at the moment with the normal passages who were booked on it. but also the flight crew who went out the previous day. there will be no further flights on british airways until further notice. that could be as early as monday, i understand, notice. that could be as early as monday, iunderstand, but notice. that could be as early as monday, i understand, but at the moment passengers, of course
8:33 am
thousands of them, i booked on forward flights with ba from those cities and are wondering what will happen to them. my understanding is they will be rooted back probably via hong kong from where bae's two daily services to london are continuing. simon, thank you. mariko oi nowjoins us from singapore for more on this. what is the latest we are hearing from the chinese health authorities about the spread of the virus are? as you mentioned, the disease has been spreading rather rapidly and we heard, as simon mentioned, ba joining a growing list of companies taking action in order to prevent the disease from spreading. we also heard from starbucks, becoming the first american company to officially say that this corona outbreak will have an impact on its companies don't occur compa ny‘s performance have an impact on its companies don't occur company's performance as it reported earnings. the company said it would shut about 2000 of its stores across mainland china. it
8:34 am
operates about a500 of them, so roughly half of the stores they have there. as you mentioned, a lot of companies, a lot of countries, they have been flying their citizens out of wuhan. that will start to affect their operations in china. what countries have been most proactive on this, what have we heard from countries like australia 7 on this, what have we heard from countries like australia? australia has decided that they are going to put everyone back from wuhan on christmas island. that has sparked some controversy within australia because the island is known for its infamous asylum seeker detention centre. other countries like japan, the usa, south korea, all taking their citizens out of the country, or it wuhan at least. it is also starting to have an impact on the economic forecast. this isjust starting to have an impact on the economic forecast. this is just one
8:35 am
estimate. if the corona virus outbreak is around the same level as the sars outbreak from 2003, it estimates that china's growth will dip aboutfoura5%, estimates that china's growth will dip about four a5%, from 6% last year which was already at the slowest growth in nearly three decades and we also had —— out four or 5%. we also have people returning from the lunar new year holiday and they are down about 3% as investors are getting concerned. thank you very much. let's now talk about apple, because the tech giant has posted a blockbuster set of results for the last three months of last year. profits came in at a record—breaking $22.2 billion on revenues of almost $92 billion — also a record. pretty staggering. iphone sales have been resurgent and accounted for almost two thirds of the company's income in the last quarter. with us now is cherry freeman, partner for the uk—based
8:36 am
investment firm, hiro capital. welcome to you. what are we seeing in these numbers? i think we are seeing apple not just in these numbers? i think we are seeing apple notjust as a leader in the wearable technology space, which is something that has featured very heavily in their results announcement, and also in the future direction for the business. in two ways. one, because apple is in and of itself a wearable technology business with the watch, but also because the watch, the telephone and in timei because the watch, the telephone and in time i think the hearables are a perfectly acceptable for other wea ra ble perfectly acceptable for other wearable devices anywhere else on the body what it is interesting because when the apple watcher was first launched, it was pretty lacklustre, the response but it has now caught up, almost a leader in the area at —— applewatch. if you look at the marketing around the applewatch, the strapline that you see repeatedly is it motivate
8:37 am
you see repeatedly is it motivate you to exercise. if you look at the features that are highlighted, at least half of them are related to fitness, health, well—being. that is a huge market so what they are really doing is taking it and bringing it into a mass space where it has far more utility than just the basic watch functions it launched with. how far would you go in saying that the future for apple is about wearables? well... that's a tricky question. certainly they will be looking at google's acquisition of fitbit last year and it will be a major focus for them. we of fitbit last year and it will be a majorfocus for them. we know of fitbit last year and it will be a major focus for them. we know that from some of the companies we work with. but equally, the way that the market has evolved... if you think back to the first generation of wea ra bles, back to the first generation of wearables, they spewed data at u of quite questionable accuracy. anyone who has had a pedometer knows it tells you different things in different days. what we are seeing now is a wave of varying a new
8:38 am
second—generation wearable technologies with far more sophisticated sensors, an order of magnitude greater accuracy. there is a wave of products now which don't just throw information at you but give it to you in a useful and insightful way. you can have smart insoles which track the way that you run, out your foot strikes, your balance, and gives it back to you through a training app so it is like you have a personal trainer on your wrist or in your ears. thank you. do you use any of that? no, i have my phone. we laugh at people when we look back and see them holding phones and ipads! i don't want to know how many few hours —— how few hours of sleep i have had, that's for sure! let's take a look at some of the other stories making the news. the self—taught uk trader who made millions in bogus trades and contributed to a brief 2010 crash in the us stock market has
8:39 am
been sentenced to a year of home confinement. navinder sarao, who pleaded guilty in 2016 to fraud and market "spoofing", faced up to eight years in prison. but us prosecutors had recommended againstjail time. deutsche bank is delaying pay rises for staff until april. salary boosts normally happen at the start of the year. the german bank has been working to cut costs after posting big losses. it's restructuring its operation and cutting 18,000 jobs. us secretary of state mike pompeo is flying into britain for talks amid american concern at the decision to allow chinese tech giant huawei to have a role in the uk's 56 network. mr pompeo previously said huawei equipment posed a spying risk. the british government says the decision will not affect the uk—us intelligence—sharing relationship. let's show you financial markets.
8:40 am
hong kong reopened today after a holiday and it sank significantly. it is all about coronavirus concerns amidst financial markets. where will this go? to what extent will it spread? what what the consequences be? hong kong down nearly 3%. main markets in mainland china, a similar picture. elsewhere it was mixed. let's look at europe now and see how the markets are faring in europe. gains pretty much across the board. ftse 100 gains pretty much across the board. ftse100 up. that is how the european markets are trading at the moment. now to the us, where the plane—maker boeing is set to report its quarterly results as it struggles to contain the fallout from the grounding of its flagship 737 max planes. samira hussain has more from new york. in the last two months, boeing's ceo was fired. the company said it will no longer make any new 737 max jets until the grounded plane is able to fly again, and it has further delayed any possibility of the planes getting approval to fly until at least mid
8:41 am
year — pending review. in october, boeing said the max plane crisis has cost the company more than $9 billion, and that was months ago. and that was three months ago. so it is unsurprising that one analyst has referred to boeing's upcoming earnings report as a potential bloodbath. not necessarily the best first earnings report for the newly appointed ceo, dave calhoun. with the losses continuing to mount for boeing, airlines are suffering, too — rya nair has just announced that it is warning employees of possible job cuts, and companies that make parts for boeing have also issued similar caution. time now for our daily look at some of the newspaper and website stories which have caught our eye. joining me is karen mattison, co—founder of timewise, a flexible working consultancy. welcome to you, and on the issue of implement. uk hiring confidence
8:42 am
climbing after the election. implement. uk hiring confidence climbing after the electionm implement. uk hiring confidence climbing after the election. it is good news, we are seeing an end to uncertainty. whatever you thought about brexit, the end to uncertainty. what we are seeing here is the recruitment employers federation, who do a constant tracking of the market, i showing increased confidence now in hiring, which is obviously good news that no surprise because there was huge uncertainty for much longer than expected. with such a strong majority for the government, those companies that have been on freeze or on hold suddenly think, right, we can take action now. exactly, they have been sitting on their hands, wait and see, you can't hold off hiring forever. talking of hiring, your other story in the independent talking about four in five women could be missing out on higher wages by not negotiating pay when applying forjobs. this is controversial.m is, and an interesting survey, essentially showing that women are
8:43 am
not raising the issue of their salary, they are not negotiating it properly during the hiring process. interestingly it says that 70% of them get all or part of what they wa nt them get all or part of what they want if they do bring it up. i think this is really interesting because it took me until i was 50, until i realised negotiation was skill that can be taught. there is no gcse in it, we are not taught it as a skill in the workplace, but you can negotiate on salary, flexibility, and there are good and bad ways to do it. you know this well because you have done lows of research into flexible working, employment, etc —— michael you have done loads. i imagine you were not surprised when you read this, but sadly not surprised. unfortunately. one of the things that came out in the research is that some women are saying they are never is to negotiate on salary because they don't want to lose their flexibility so they are left seeing it as one or the other. there are good and bad ways to do it. we need to focus more on the business
8:44 am
case and be less apologetic about how we ask for it to. it is not about needing it because of your mortgage or a child care, it is, this is how i propose to do it and how i think it can work and this is my deal—breaker. how i think it can work and this is my deal-breaker. the comment from the close the gap organisation says that this should actually be structural. it shouldn't be dependent on whether you bring it up and negotiate, this should be part of the structure automatically. absolutely. we need to change the structure, but for many individuals they cannot wait until the structure changes, so let's learn the skills to do it. i'm told we have... is that right? oh, we have to move on. we have to talk about power naps revolution in the workplace. we will do that next time you come in. thank you. still to come... how tojuggle being a carer while working.
8:45 am
in a moment we'll be speaking to a former high—flying dj who gave up her career to look after her mum. you're with worklife from bbc news. a decision on the future of the north of england's biggest rail operator northern is expected to be made today. the government could nationalise the network after it's struggled to provide a reliable service for passengers. tim muffett is in leeds this morning. what is going on? yes, we are expecting an announcement today from the department for transport as to the department for transport as to the future of the northern rail network. many commuters yet say trains are overcrowded, delayed and often cancelled. the service is not up often cancelled. the service is not up to scratch. we could see the service being effectively renationalised and run by the
8:46 am
government. an announcement is thought to be imminent. sarah is from the institute for public policy research, an independent think tank for the north and the think tank is a collection of experts who offer opinion and advice. what is your take, what has gone wrong? whether it is in public or private hands we would argue that one of the biggest issuesis would argue that one of the biggest issues is about transport infrastructure investment. we know from our research that twice as much money is spent on transport investment in london compared with the north of england. if you break those figures down further into areas like yorkshire, they receive half of that again. without that investment in transport, infrastructure, no matter who runs it, the trains will fail. do you think that if this franchise is taken into government control, effectively, things will actually change? i think that, effectively, things will actually change? ithink that, as effectively, things will actually change? i think that, as one of those people who struggle with northern trains every morning, at least it will be something that is happening. people will be able to see that something has changed. but
8:47 am
i think unless we seek that changing infrastructure, it is doubtful that the actual performance will improve that rapidly. thank you. an announcement is not to be imminent. many communities deliver commuters i've spoken to say no matter what, something needs to be done. the service they are dealing with every morning and evening on their way to and from work is simply not up to scratch. tim, thank you. let's show you once again the bbc business live page which is updating with the business need. annual house price growth hits a 1a month high. further signs of confidence returning to the uk economy. that story is among many others that you can catch up on online. you're watching worklife. a reminder of our top story: british airways has announced its
8:48 am
suspending all direct flights to and from china, as the fallout from the coronovirus continues to spread. now caring for a partner, relative or friend who is elderly or ill can be challenging and stressful. but imagine juggling that alongside a full—time job. a recent study shows, in the uk alone, over 600 people a day end up leaving their work due to external factors. well, our next guest — paulette constable — knows first—hand how difficult it can be. she is with us in the studio. dj and presenter. we said earlier, former dj. you wipe very much...” presenter. we said earlier, former dj. you wipe very much... i think my employers in ibiza and print works would be horrified to say i'm not doing it any more! i certainly am. i've got high—profile gigs this year. festival, you were extremely
8:49 am
successful before you took a pause in your career to look after your mum. that in itself is huge. a very strong brand in a really competitive and difficult market that white is djing globally. how did you do that? —— while djing globally it. i was working my way up just like anyone else and having something people thought was a lot more interesting than at the next person for a while and just building it up and working bigger clubs, better parties, and then i moved to france and did that for nine years and was absolutely massive in france for all of that time. i moved around a lot and i've worked for record labels, as well. i haven't just dj. i worked for record labels, as well. i haven'tjust dj. i worked tv. i built up. very varied portfolio of jobs and things to do. how did it
8:50 am
come about that you change your back on all this for a while and looked after your mum? it started that's my mum had some sort of crisis with her heart in november 2015 and when it happened ijust heart in november 2015 and when it happened i just became heart in november 2015 and when it happened ijust became aware that there was a gap in my family that meant that she needed a bit more ca re meant that she needed a bit more care than my sisters were able to give her. and being the youngest of eight, i've always been sidelined in the family in terms of responsibility, so ijust thought it was my time to step up and this was a perfect opportunity for me to actuallyjoin the responsible members of my family and look after my mum. but i didn't anticipate, at all, what the repercussions would be in terms of my career. and that's huge because in your line of work, in djing, you are freelance, so there is no trade unions, no compassionate leave, no paid leave
8:51 am
at all. there is nothing. you go from earning money to owning absolutely zero. not only do you go to owning absolutely zero, you disappearfor two months to owning absolutely zero, you disappear for two months from to owning absolutely zero, you disappearfor two months from djing and it's like, you know, ok, you disappearfor six months and it's like, you know, ok, you disappear for six months to 12 months and... everybody, everything has moved on. it moves so fast that you can very quickly be invisible and it was a very big risk to take because sometimes people don't come back from taking time off. whether you need to take time off for illness or a family or anything like that, life happens around you. your mum is now 85 and has she got better? she did. we were very lucky and we are very blessed. she had a massive turnaround and we've managed to organise her care. she is a
8:52 am
robust woman and she has got better that what i can believe she is robust, having met you! resilient! exactly. i bet she is a strong woman. if you hadn't been there all that time, she may not have survived. no, and we know that. if! hadn't been in the house, there are three separate occasions where if i hadn't have been in the house, we wouldn't have got the emergency services there in time. she wouldn't have made it to hospital on time. and then, you know, she may not have been here, but thankfully i was there on each occasion. and you are backin there on each occasion. and you are back in work, why do you think you've managed to get back? is it because your brand was so strong?” work my ass off! i work from nothing to wherever i am now and i have
8:53 am
taken a lot of... you know, i like to say i've eaten a lot of humble pie, i've had to go back to people and really work it from earning nothing to owning where i am again. in 20 seconds, what advice would you give to people in a similar position? don't take no for an a nswer position? don't take no for an answer and know your own worth. perfect! less than 20 seconds, you can tell she's worked in tv! laughter out lovely to meet you. thank you for coming in to tell us that story. in a moment we'll run through some viewer responses to our question. that was negotiating pay. but first, let's turn to the uk, where companies are wondering what sort of tariffs they could face once britain leaves the eu. sarahjohn runs craft beer maker boss brewing in swansea. let's hear how she's preparing for brexit day — which comes on friday this week. i'm sarahjan, the director of boss brewing. let me show you the main
8:54 am
brewhouse. —— mike sarahjon. we start off here with all the grain, barley, oats, wheat, mixed into mega porridge —like substance and then tra nsfer porridge —like substance and then transfer it over where it is boiled and we add in the hops for aroma, flavour and bitterness. we have a court range up to six beers across a range of styles. stout, ipa, lager, pale ale. at the moment we are working on a strawberry milkshake ipa. we are based in swansea, where 5296 ipa. we are based in swansea, where 52% of people voted to leave, but i voted to remain for business reasons. being able to export to the eu. now it's kind of decided the best outcome for all of us is to know what is happening, because uncertainty is never good for business. here is where the beer gets bottle. we can do around a50 bottles per hour, about a000 bottles per day. all the characters are based on people at the brewery so i have my own character, so does my
8:55 am
daughter. this is the packaging stage, all the beer gets labelled up top shrink—wrapped into trays. we export to europe and our agent came to us last week and asked what would happen. they were concerned about tax and duties, how would the price change? we don't know at the moment, the trade agreement isn't fleshed out. that is the uncertainty they are concerned about. lots of our staff co m e are concerned about. lots of our staff come from the eu. really great ha rd staff come from the eu. really great hard workers but some of those have started to go back, worried about their future. we were talking about the story in the independent, four in five women could be missing out on pate by not negotiating. as ever, we are almost out of time so thanks for sending in your comments. sorry we can't mention more. that is it for today. we are back tomorrow at the same time. see
8:56 am
you then. if you voice holds out! hopefully. thank you for watching. hi, there. good morning. it's been a rather chilly start to the day. we've had some frost. a little bit of ice this morning, as well. but you can see from the satellite imagery the bright lights there of the uk. some clear skies, bit of sunshine this morning before this cloud out towards the west in the atlantic starts to move its way in, and that will bring in some outbreaks of rain today — mostly across the north of northern ireland and into scotland. there will be some snow over the highest ground of scotland again. a few showers ahead of that, and we'll see some rain moving its way into cumbria, the far north west of england. elsewhere, though, it should remain dry. the far north of scotland just getting away with a few showers. still quite chilly here — temperatures about five or six celsius. but the rain particularly heavy around central and south—western areas of scotland, the far north of northern ireland and, as mentioned, later on, into the far north—west of england.
8:57 am
to the east of the pennines, some sunshine. i think we'll still have some sunny spells across the south—east, but generally a bit more cloud this afternoon. a few showers into wales. temperatures, though, this afternoon, you'd have noticed, ten or 11 celsius. so milder than it was yesterday. now tonight we'll have further outbreaks of rain moving its way in across scotland. elsewhere there'll be clear skies. one or two showers. temperatures, though, will be higher than they were last night. they'll stay up at about five, six, seven celsius, so no risk of any frost or any ice. you can see the reason for that — we've got a south—westerly wind, so milder air sitting across the uk. still, though, a number of weather fronts and areas of low pressure on the chart there. it's going to stay fairly unsettled, and certainly for thursday more rain expected for the far north of scotland. that could be quite heavy at times. a bit of rain at times across the far south, and the cloud thick enough elsewhere to produce maybe one or two showers. a few bright or sunny spells, but look at those temperatures — they'll be getting up to about 12 to 1a degrees in the south—east,
8:58 am
so really quite a mild day expected on thursday. but one area of low pressure moves away, these weather fronts daisy—chain to another area of low pressure that will move in as we head into friday. so further outbreaks of rain expected on friday, moving its way south and east, so certainly more rain around on friday for england and wales compared to the next few days. a few bright spells developing behind it. more rain spreads into the west of scotland. temperatures, though, well, they'll still be staying up at about 12 to 1a degrees. still another pretty mild day expected on friday. that's all from me. bye— bye.
8:59 am
9:00 am
you're watching bbc news at 9:00 with me, annita mcveigh. the headlines: british airways suspends all but essential flights to and from mainland china following advice from the foreign office — coronavirus has now killed at least 132 people. the uk government is working hard about bringing british nationals home and they should watch the foreign office website for more information on that. reports that prince andrew is ‘angry and bewildered' at claims he's refusing to co—operate with the fbi's inquiry into jeffrey epstein. after years of delays and cancellations, a decision is expected over the future of the northern railfranchise.
9:01 am
it's late every day.

63 Views

info Stream Only

Uploaded by TV Archive on