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tv   Talking Business  BBC News  January 21, 2023 3:30pm-4:01pm GMT

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uk conservative party chairman nadhim zahawi says an error in his tax affairs was accepted by authorities as having been "careless and not deliberate". president zelensky says he'll keep asking western allies to send modern tanks to ukraine, after a meeting of more than 50 countries ended without agreement. there are urgent calls to nhs mental health helplines in england going unanswered, because services are overwhelmed. and britain's andy murray is out of the australian open. he lost to spain's roberto bautista agut in four sets, in what could be his last time at the tournament. you're watching bbc news. now it's time for talking business. hello, now it's time for talking business. welcome to tal let's hello, welcome to talking business. let's take a look at what is on show. as the global economy falters,
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is 2023 shaping up to be a year of big drop—offs? a growing number of major companies are already laying off workers in their thousands, so our employers also now taking back control of pay and conditions? i will hear from the head of the un international labour 0rganisation about why the global jobs market international labour 0rganisation about why the globaljobs market is under pressure and why that could mean more social unrest. the big boss of global recruitment firm robert waters tells me what companies are demanding of new recruits as they try to keep profits flowing. also, is travel the answer to our economic woes? expedia is one of the biggest travel firms, it's big boss will tell me if all that pent—up demand is still strong enough to keep us opening our wallets. riveryou enough to keep us opening our wallets. river you arejoining me
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from, a big hello and welcome. january, the time of year when many take stock of our lives, that often involves looking at our careers. will this be the year to find a new job? it might not be that easy in 23. the global economy is teetering on the edge of recession, according to the world bank. a growing number of companies are battening down the hatches and cutting jobs to get through. big names are making the headlines, particularly evident in detect sector, where the likes of amazon, microsoft, facebook and twitter are feeling the impact as other companies spend less on advertising. in banking, concerns that companies have less cash to make deals means cuts to the likes of credit suisse, goldman sachs and morgan stanley, consumer goods firms are also under pressure. in recent months ford and h&m, dutch medical
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equipment maker philips and food delivery firm no announced dolljob cuts. admin staff and headquarters are the ones in the firing line as their employers adjust to life. in their employers adjust to life. in the world put back biggest economy, usa, its central bank expects unemployment tojump from usa, its central bank expects unemployment to jump from 3.7 to 4.6% this year. the european central bank expects the unemployment rate to increase from 6.5 6.9% in the eurozone. between them millions of jobs are expected to go into of the most important regions of the global economy. in china, a lot of uncertainty about the impact of lifting covid restrictions, so what is driving these job cuts? companies are increasingly concerned that the slowing global economy will hit demand for their products. the world bank says inflation is set to fall but it will still be over 5%. many
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goods will be more expensive thanks to the war in ukraine and ongoing impact of the pandemic. to counter that, many countries are expected to continue increasing the cost of borrowing, the picture in the g7 advanced economies here. it means more cash needed for consumers for basics, as while energy costs are going up, the companies higher interest rate means debts are more expensive to pay off and profits around the pressure. if that turns into less money going to shareholders�* pockets, the stock markets will fall. company tried to save money by cutting their payroll as they become less confident in the future. the un international labour 0rganisation is expecting that at least 3 million more people around the world will be unemployed this year, and also that the quality of jobs out there will suffer. amongst other things that means pay that doesn�*t keep up with the rate —— cost—of—living. i had been speaking
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to the director—general. gilbert hungbo, a pleasure having you on the show, let�*s start with theirs. your forecast for this year don�*t paint a pretty picture, what are you expecting? pretty picture, what are you meeting?— pretty picture, what are you exectin? ., ' ., ., ., pretty picture, what are you exectin? ., ' . , ., ., ., expecting? covid effects, a lot of countries. _ expecting? covid effects, a lot of countries, particularly _ expecting? covid effects, a lot of countries, particularly from - expecting? covid effects, a lot of countries, particularly from the l countries, particularly from the north, have started recovering while low income economies are struggling. 0n the other hand, we have job situation with the war in ukraine, and its consequences. the inflation situation. when we put all of that together, it gives a picture that is not rosy. together, it gives a picture that is not ros . , , . not rosy. gilbert, in recent weeks we have heard _ not rosy. gilbert, in recent weeks we have heard of _ not rosy. gilbert, in recent weeks we have heard of a _ not rosy. gilbert, in recent weeks we have heard of a growing - not rosy. gilbert, in recent weeks. we have heard of a growing number not rosy. gilbert, in recent weeks- we have heard of a growing number of big—name companies making big job
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cuts, amazon, facebook, goldman sachs. i wonder, cuts, amazon, facebook, goldman sachs. iwonder, does cuts, amazon, facebook, goldman sachs. i wonder, does it make you fear that more are to come? big job cuts at those organisations can sometimes have a knock—on effect. clearly they will have a knock—on effect, that is very much what 2023, we will see that happening more. we protect —— project globally employment growth, very little, to unpack that, you are part of the world where unemployment would rise, in europe we expect more or less the same. when you look at that state in africa, we might have 3% increase, however when you look at the increase in the walking population, that will again nullify a big part of that game, so globally you will
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see those announcements are quite serious. ., ., ,., see those announcements are quite serious. ., ., ., , serious. you also have concerns about the _ serious. you also have concerns about the quality _ serious. you also have concerns about the quality of— serious. you also have concerns about the quality ofjobs - serious. you also have concerns about the quality ofjobs out - serious. you also have concerns i about the quality ofjobs out there, so just explain what it means for workers and their ability to make ends meet. workers and their ability to make ends meet-— workers and their ability to make ends meet, , . ~ ., i: i: ii" ends meet. yes, back to 2004-2019, we started--- — ends meet. yes, back to 2004-2019, we started... the _ ends meet. yes, back to 2004-2019, we started... the informality - ends meet. yes, back to 2004-2019, we started... the informality since i we started... the informality since covid has picked up again. the recovery is happening in the formal sector where we know there is no protection and no voice, no negotiation, and in a lot of cases where the real wages are going down,
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so that has a dampening impact on the quality ofjobs. what is quite unacceptable in my mind, as you and speaking, we estimate 214 million workers, unable to earn the $1 a day, the threshold for poverty. 1anthem day, the threshold for poverty. when we look at the _ day, the threshold for poverty. when we look at the covid _ day, the threshold for poverty. when we look at the covid situation and the lifting of restrictions in china, there are suggestions that two thirds of the population has the virus, surely that will have a negative impact on worker availability, in the second economy. yes, this is a worry, normally we expect employment and growth to continue picking up in china.
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however, what we have seen with covid causes it to slow down, that potential. the second economy of the world it will underperform, impacting domesticjobs market and also the global economy and therefore on the global employment situation. , , . , ., ., situation. given the picture you are aintin: , situation. given the picture you are painting. if — situation. given the picture you are painting. if we _ situation. given the picture you are painting, if we do _ situation. given the picture you are painting, if we do see _ situation. given the picture you are painting, if we do see more - situation. given the picture you are painting, if we do see more job - situation. given the picture you are | painting, if we do see more job cuts and unemployment, you think that could lead to social unrest? gilbert, i am asking, are you expecting to see social unrest in different parts of the world? i think so, we will, when you take all of that together, i cannot say that clear enough, the multilateral, bilateral private sector, we need to take a step back and redefine parameters for moving forward. how
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to best balance the search for profits, which is legitimate but the protection of the environment and protection of the environment and protection of the social, having those three together should feel much more at pa.— those three together should feel much more at pa. gilbert hungbo, director-general— much more at pa. gilbert hungbo, director-general of— much more at pa. gilbert hungbo, director-general of the _ director—general of the international labour organisation, thank you, i will talk to you soon. thank you for having me. what thank you, i will talk to you soon. thank you for having me. what does all this mean — thank you for having me. what does all this mean when _ thank you for having me. what does all this mean when it _ thank you for having me. what does all this mean when it comes - thank you for having me. what does all this mean when it comes to - all this mean when it comes to companies actually hiring staff? are they still expanding their headcount? will the new —— what changes will this year bring? robert walters, recruitment agency, globally, i�*d been catching up with its chief executive. pleasure having you own, thank you. let�*s start with your company, you�*re talking about a softening of recruitment activity levels, so i want you to paint me a picture, what is that, what does it
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mean? �* ., , ., , mean? i've done this nearly 25 ears, mean? i've done this nearly 25 years. we _ mean? i've done this nearly 25 years. we came _ mean? i've done this nearly 25 years, we came out _ mean? i've done this nearly 25 years, we came out of - mean? i've done this nearly 25 years, we came out of 2020 i mean? i've done this nearly 25 l years, we came out of 2020 with mean? i've done this nearly 25 - years, we came out of 2020 with a depressed market, globally, i have never seen the catapult effect that came out of 2020. the rate at which companies were hiring was dramatic, we went through a market 2021 which i certainly haven�*t experience. that continued with even more speed in 2022. , , ., continued with even more speed in 2022-_ yes. - continued with even more speed in 2022-_ yes. on i 2022. this is all hiring? yes, on the backdron — 2022. this is all hiring? yes, on the backdrop of _ 2022. this is all hiring? yes, on the backdrop of increasing - 2022. this is all hiring? yes, on - the backdrop of increasing candidate shortages, globally. more prevalent sectors like technology, legal, and we got to the ukraine crisis that had an impact, some of the challenges in china with continued lot dance, and we started to see that compounded with all of the lack of candidate flow that we saw. so a lack of people? yes, lack of supply
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chain for a lack of people? yes, lack of supply chainfora number of lack of people? yes, lack of supply chain for a number of different reasons, post covid we saw increased nationalism, increased people turning back to their native countries for often family reasons, so a general thinking of the workforce, so the markets have definitely softened in the last three months. we still had a very strong performance last year across our business globally, that tailed off a bit towards the back end of last year, now entering this year with a degree of caution. interesting, you talk about the big inflation picture, it is softening back last week on my show and i had the head of the international monetary fund saying that the negative impact of higher interest rates typically has a lag on the labour market, it takes time for the uninitiated, it takes time to feed through the pipeline. mt; uninitiated, it takes time to feed through the pipeline. my expertise is recruitment, _ through the pipeline. my expertise is recruitment, the _ through the pipeline. my expertise is recruitment, the fact _ through the pipeline. my expertise is recruitment, the fact is - through the pipeline. my expertise is recruitment, the fact is when . through the pipeline. my expertise| is recruitment, the fact is when you have a lack of supply chain and people, you end up any situation where if copies want to continue to
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grow, they have to pay only don�*t have that choice. we saw a softening in the technology sector.— in the technology sector. pretty bi! i in the technology sector. pretty big! i think _ in the technology sector. pretty big! | think is— in the technology sector. pretty big! i think is more _ in the technology sector. pretty big! i think is more a _ in the technology sector. pretty| big! i think is more a correction, technology _ big! i think is more a correction, technology has _ big! i think is more a correction, technology has been _ big! i think is more a correction, technology has been hit, - big! i think is more a correction, technology has been hit, it - big! i think is more a correction, technology has been hit, it is . big! i think is more a correction, l technology has been hit, it is right sizing, if i think about my view on this would be nick three years, no question that technology, digitalisation, transformation will continue to be where the heart of a lot of hiring still exist.— lot of hiring still exist. talking of those lay-offs, _ lot of hiring still exist. talking of those lay-offs, not - lot of hiring still exist. talking of those lay-offs, not just - lot of hiring still exist. talking i of those lay-offs, notjust tech, lot of hiring still exist. talking - of those lay-offs, notjust tech, we of those lay—offs, notjust tech, we have seen recently big tech firms and banks, goldman sachs to name one, lay off thousands. do you think that�*s a sign of things to come? 0thers that�*s a sign of things to come? others will follow suit? i�*m that's a sign of things to come? others will follow suit?- that's a sign of things to come? others will follow suit? i'm not so sure. we others will follow suit? i'm not so sure- we are _ others will follow suit? i'm not so sure. we are definitely _ others will follow suit? i'm not so sure. we are definitely incautious| sure. we are definitely incautious temperatures at the moment, but... the big central banks in the world,
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america and europe, they say this yet unemployment will rise, meaning millions of people will lose their jobs in 2023. millions of people will lose their jobs in 2023-— millions of people will lose their jobs in 2023. they have said they exect a jobs in 2023. they have said they exoect a small — jobs in 2023. they have said they expect a small increase - jobs in 2023. they have said they expect a small increase in - expect a small increase in unemployment, my personal view is because of the shortage of candidates, that is the other factor, there is no question economically we are in much tougher conditions, that is likely to continue, but the simple fact is we don�*t have enough people. i�*m don't have enough people. i'm cufious don't have enough people. i'm curious about _ don't have enough people. i'm curious about also serve conversations you are having with your clients, given the messy picture, are they somewhat reluctant to commit to filling jobs? i picture, are they somewhat reluctant to commit to filling jobs?— to commit to filling “obs? i think it is country h to commit to filling jobs? i think it is country dependent, - to commit to filling jobs? i think it is country dependent, sector | it is country dependent, sector dependent but generally speaking there is a view common trends so hybrid working as one, that almost a past tense, here to stay, there is a real balance around ensuring that we have and maintaining a
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responsibility to get younger workforce together. we talk about a lack of experience and skills, so whilst i am a supporter of it, i also believe there needs to be a balance of people coming together in the workforce. i think wage inflation is really challenging at the moment and we know certainly on this side of the world, less so in asia—pacific, we see the rate of inflation outpacing the general salary levels being offered. that is a real concern because everybody, particularly business leaders, are trying to manage looking after their people, retained their good people, recognising the cost of living and doing what you can as a responsible employer to support that, but recognising the cost base. your com an recognising the cost base. your company focuses _ recognising the cost base. your company focuses on _ recognising the cost base. your company focuses on professional office jobs, company focuses on professional officejobs, in the us company focuses on professional office jobs, in the us that picture under pressure as companies try to cut costs, letting go some of their
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labour force, cut costs, letting go some of their labourforce, back—office, management. whereas keeping the front line workers, face—to—face, and wondering, thosejob front line workers, face—to—face, and wondering, those job losses front line workers, face—to—face, and wondering, thosejob losses in the office, well that eventually feed through to possiblyjob losses in other areas? feed through to possibly “ob losses in other areas?* feed through to possibly “ob losses in other anagfi in other areas? broadly, what i'm seeinu in other areas? broadly, what i'm seeing and _ in other areas? broadly, what i'm seeing and hearing _ in other areas? broadly, what i'm seeing and hearing from - in other areas? broadly, what i'm seeing and hearing from my - in other areas? broadly, what i'm i seeing and hearing from my clients, companies are reluctant to obviously let people go unless they have to, they need to manage course space and some people are losing jobs, people have realised how difficult it has beenin have realised how difficult it has been in the last two years to secure and retain good people. we are seeing increased off shoring because the wage inflation, so the us, uk, high—cost locations, we are seeing opportunities particularly in places like india, manila, where some of these eastern european locations as well, but people now looking at skills which perhaps can be utilised
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in other lower—costjurisdictions. we still have shortages across the globe, so i feel reasonably positive about this year, i�*m not suggesting it will be easy, but i don�*t necessarily think we are in the same place we were perhaps in the great financial crisis which was very different. fin financial crisis which was very different. ., financial crisis which was very different. . ,., . financial crisis which was very different. . different. on that point, a pleasure havin: different. on that point, a pleasure having you. — different. on that point, a pleasure having you, thank _ different. on that point, a pleasure having you, thank you. _ different. on that point, a pleasure having you, thank you. as - different. on that point, a pleasure having you, thank you. as we - different. on that point, a pleasure having you, thank you. as we have | having you, thank you. as we have been saying, the global economy faces a multitude of challenges this year but does the travel industry offer a glimmer of hope that many are desperate for? before the pandemic, one in tenjobs on the planet was supported by travel and tourism. now most countries have left coronavirus in the distance, could the huge pent—up demand for travel be enough to prise consumers�* walace open to prevent the world falling into recession? expedia is one of the biggest names, i�*ve been catching up with its big boss.
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peter, a pleasure. thank you for your time. this week�*s show i�*ve been looking at the job market for 2023 and we know it has been a horrid few years for the travel and tourism industry, in fact in 2020 62 millionjobs were lost tourism industry, in fact in 2020 62 million jobs were lost in the industry, a loss of almost 20%. where are we today? are all the jobs back? flat where are we today? are all the “obs back? ., . ., , , . where are we today? are all the “obs back? ., . ., ,, . where are we today? are all the “obs back? ., . . ,.,.', where are we today? are all the “obs back? ., . ., ,, . , . back? not all “obs are back but that is mainl back? not all jobs are back but that is mainly because _ back? not all jobs are back but that is mainly because people _ back? not all jobs are back but that is mainly because people haven't i is mainly because people haven�*t always wanted to go back to the jobs, a lot of the jobs and service industries, it has been harder to get employees back since the pandemic, but by and large it has come back. service levels are quite good. in most of the industry. but airlines, hotels, other big travel categories, they have struggled to get employees back in. and of course they have had to pay more, given inflation over the last several years, still ongoing. ithink
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inflation over the last several years, still ongoing. i think we will continue to see cli is trying to start up as they have more demand in the coming years. but we have seen issues with that over the last couple of years as they are trying to get employees back.— couple of years as they are trying to get employees back. those “ob losses massively d to get employees back. those “ob losses massively impacted �* to get employees back. those job l losses massively impacted people's losses massively impacted people�*s travel experiences, things are now improving but in the last year also, travel has been challenging, long queues at airports, not enough staff, how have you coped as a company with what must have been some pretty unhappy customers? yes. some pretty unhappy customers? yes, we have invested _ some pretty unhappy customers? yes we have invested recently is some pretty unhappy customers? 123 we have invested recently is of millions of dollars on servers, that is a lot along the technology lies, making it easier for people to change plans, get information quickly, do it on their phone, app, so we have done a lot to improve that, that has become more efficient and betterfor the that, that has become more efficient and better for the traveller, that, that has become more efficient and betterfor the traveller, better experience, and we have improved our relationships with our partners, airlines, hotels, so that together we can solve these problems more
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quickly. i we can solve these problems more cuickl . ., ., ' . , quickly. iwonder, how difficult is it for ou quickly. iwonder, how difficult is it foryou as— quickly. iwonder, how difficult is it for you as a — quickly. iwonder, how difficult is it for you as a company _ quickly. iwonder, how difficult is it for you as a company to - quickly. iwonder, how difficult is it for you as a company to make | it for you as a company to make projections on pricing when we look at the current state of inflation at the moment, which are still very high? i the moment, which are still very hiuh? .,~ ., , . , ., ., high? i do know, prices have moved cuite a high? i do know, prices have moved quite a bit. — high? i do know, prices have moved quite a bit. any _ high? i do know, prices have moved quite a bit, any consumer— high? i do know, prices have moved quite a bit, any consumer knows - high? i do know, prices have moved| quite a bit, any consumer knows that over the last years, but prices have stabilised now, we�*re not seeing the same increases we were seeing, demand has somewhat stabilised, market still have to come back like china and others, but we will see how that impacts things. a bunch of inflation doesn�*t seem like it is abating or not in any scale, and i expect we will see fairly stable pricing for a while. i don�*t think we�*ll see the same kind of exhilaration we saw for a four years during covid, which was quite extreme. ~ . . . , extreme. with current challenges eo - le extreme. with current challenges people are _ extreme. with current challenges people are facing, _ extreme. with current challenges people are facing, how— extreme. with current challenges people are facing, how you - extreme. with current challenges i people are facing, how you bookings holding up? we people are facing, how you bookings holdin: u? ~ ., people are facing, how you bookings holdin: u? . ,
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people are facing, how you bookings holdin: u? ~ . . people are facing, how you bookings holdin: u? ~ . , ., holding up? we have seen it as one ofthe holding up? we have seen it as one of the things. _ holding up? we have seen it as one of the things, travel— holding up? we have seen it as one of the things, travel has _ holding up? we have seen it as one of the things, travel has remained i holding up? we have seen it as one| of the things, travel has remained a core necessity, need, desire for most consumers. while other categories are waning because of inflation and other issues. we have seen that since covid, there was a deep demand to get out again, that seems persisted. we expect to see demand continue, it has continued, pretty strongly, so it doesn�*t mean there would be pockets or economies of the world that have issues and we may see some slowdowns in some places, but so far through the holidays, interest in travel is high, asian countries opening up. before the pandemic, travel and tourism accounted for about 10% of the global economy, around one in tenjobs on the the global economy, around one in ten jobs on the planet. despite the tough economic situation, do you think all of this demand for your
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industry can stop the world economy from folly into recession? taste industry can stop the world economy from folly into recession?— from folly into recession? we will hold u- from folly into recession? we will hold up our _ from folly into recession? we will hold up our end _ from folly into recession? we will hold up our end of _ from folly into recession? we will hold up our end of the _ from folly into recession? we will hold up our end of the bargain, . from folly into recession? we will hold up our end of the bargain, i | hold up our end of the bargain, i don�*t know about the global economy with fuel and other issues, but so far travel has been quite resilient through all of this and i think it is about people prioritising travel and experiences over some of the other things that were prioritised. we had a campaign during covid which was you bought enough staff, now go and live your life and get experiences. we had a big campaign for that, experiences. we had a big campaign forthat, not experiences. we had a big campaign for that, not because of us but people are now doing that, you�*re probably doing it, i am, people are now doing that, you�*re probably doing it, iam, you remember how valuable that is in terms of making a good life, and people are prioritising it over other things. people are prioritising it over otherthings. i hope people are prioritising it over other things. i hope we will do at least our part for the global economy. least our part for the global economy-— least our part for the global econom . ., ., ., ~ , economy. the online travel market is vast, but dominated _ economy. the online travel market is vast, but dominated by _ economy. the online travel market is vast, but dominated by a _ economy. the online travel market is vast, but dominated by a few- economy. the online travel market is vast, but dominated by a few big i vast, but dominated by a few big names. in many cases you may be offering similar products,
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aggregating flights and hotel rooms that are not exclusive. i wonder, how do you as a company stand out from the rest?— from the rest? that is all about the exoerience- — from the rest? that is all about the experience. partly _ from the rest? that is all about the experience. partly about _ from the rest? that is all about the experience. partly about making i from the rest? that is all about the l experience. partly about making sure you pick the right things, we introduced a new way of raising our hotel, based on experience, data comes in, tells us if the consumer has had a bad experience, notjust reviews but cancellations or problems they have called about, and we are constantly providing and working our partners to provide great deals for our members, we provide loyalty points if you travel with us, you can put them towards your next trip. their eyes consumer offerings like that and really the technical capabilities to help match you to the right project, personalise the experience and make it really easy if something goes wrong for you to fix that. that is what people value.— wrong for you to fix that. that is what people value. let's talk about the treat what people value. let's talk about the great news _ what people value. let's talk about the great news for _ what people value. let's talk about the great news for the _ what people value. let's talk about the great news for the travel i the great news for the travel industry, the reopening of china
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from 80 covid policy, china�*s travel is usually important to the tourism industry, the biggest tourist spend is on the planet. how much of an impact are you seeing? taste is on the planet. how much of an impact are you seeing?— is on the planet. how much of an impact are you seeing? we have seen a tonne of interest, _ impact are you seeing? we have seen a tonne of interest, i _ impact are you seeing? we have seen a tonne of interest, i would _ impact are you seeing? we have seen a tonne of interest, i would say i impact are you seeing? we have seen a tonne of interest, i would say the i a tonne of interest, i would say the impact will take some time to come, as you will have documented, china is opening up, but it is having covid spikes, also dealing with what the rules will be about foreign travelling to different countries. then you have got the question of air plans, it is quite a bit less plain traffic in and around china, so a lot of big carriers from around the world who used to have tonnes of light in everyday now have is a few, so while it is opening and there is a lot of interest, i would say will take some time to get through the
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machinery can i get through and get the volume is up. let machinery can i get through and get the volume is up.— the volume is up. let me end on theirs, what _ the volume is up. let me end on theirs, what travel _ the volume is up. let me end on theirs, what travel trends i the volume is up. let me end on theirs, what travel trends are i the volume is up. let me end on| theirs, what travel trends are you seeing taking shape for 2023, and do they differfrom region seeing taking shape for 2023, and do they differ from region to region? they definitely differ but the big trends are clearly the renewal around some of the big world events, people getting to those cities where some of those events are happening, a lot of interest in that. 0nly some of those events are happening, a lot of interest in that. only a couple of months out now from tokyo being a hotspot and other areas where there are big moments coming that people might have missed last year, whether it is world pride in sydney on the edinburgh festival, thatis sydney on the edinburgh festival, that is clearly a trend. a lot of trend around people getting excited about what they are seeing on television, that has been a popular trend that we have seen in the last couple of years, maybe because covid has made him watch a lot more television. a lot of that where people have seen a movie or watch a
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show about a place and now they all want to go there. in general i think we are seeing this normalisation practice it is being popular, all the biggest destinations being popular, that will be a global trend. i think we�*ll see a continued normalisation but there are differences, we are seeing vacationss remaining strong, a big lift during covid, that will continue to be strong, not huge changes but people have experienced different things and will continue to want to experience those. fin different things and will continue to want to experience those. on that oint, to want to experience those. on that point. peter. — to want to experience those. on that point. peter. big _ to want to experience those. on that point, peter, big boss— to want to experience those. on that point, peter, big boss of— to want to experience those. on that point, peter, big boss of expedia, i l point, peter, big boss of expedia, i appreciate your time, thank you for joining me, good luck, check in with you soon. that�*s it for days week, i hope you enjoyed it, keep up with all the latest on the global economy on the bbc news website and smartphone app. follow me on twitter. thank you for watching, see you soon, goodbye.
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hello there. it has been cold again today across england and wales, even if you did have the sunshine. some areas, though, it has been a real struggle with this mist and fog scross parts of northern england, east wales, west midlands and the west country. towards the north—west of the uk, things are looking very different. we are getting atlantic air and a lot of cloud, bringing in some milder conditions. still going to be quite windy for scotland and northern ireland into the night, some more rain coming in from the atlantic as well. some of that cloud just could edge into westernmost parts of england and wales, but on the whole we have got clearer skies. that will lead to more fog, particularly across eastern parts of england, it will be dense and freezing as well. there will be a widespread frost for england and wales, could be as low as —7. a bit chilly for south—east scotland, the rest of scotland and northern ireland seeing temperatures above freezing. got milder atlantic air here. that is really struggling to arrive across south—eastern parts of the uk, where we have this blocking area of high pressure keeping it cold. keeping us with some
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sunshine as well. there will be some fog around, then, as we move into tomorrow morning, especially for eastern england. lifting, one or two patches lingering into the afternoon. western parts of england and into wales will see more cloud, slightly higher temperatures. we have got cloud for scotland and northern ireland. bit of rain and drizzle from time to time, could get some sunshine around the moray firth. temperatures making 10 degrees in western scotland and northern ireland, but across the midlands, east england, could be only three or four degrees, and if the fog does linger, it will be even colder than that. the weather front in the north—west weakens as high pressure builds across it in time for monday, keeping it cold for much of england and wales. some morning fog across eastern parts of england, again slowly lifting, some sunshine. we have still got cloudier skies across western parts of england and wales, and more especially in scotland and northern ireland where it is still mild, temperatures again 9—10 celsius. but quite a contrast across the uk, still in that colder, generally sunny air through the midlands towards the south—east and east anglia.
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we have to see this weather front coming in from the north—west to give us more of a definite change around the middle part of the week. tuesday still looks cold across south—eastern areas, some sunshine and some fog. it is not until wednesday we see milder air pushing down across the whole of the country, and with that milder air, it looks like there will be a lot of cloud.
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this is bbc news — welcome if you�*re watching here in the uk or around the globe. our top stories... uk conservative party chairman nadhim zahawi says an error in his tax affairs was accepted by authorities as having been careless and not deliberate. president zelensky says he�*ll keep asking western allies to send modern tanks to ukraine, after a meeting of more than 50 countries ended without agreement. translation: we will still have to fight i for the supply of modern tanks. but every day we make it more obvious, there is no alternative to making the decision on tanks. turkey cancels a visit to ankara by the swedish defence minister after authorities in sweden gave permission for a protest by a far—right politician.

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