aldi is opening on average a new supermarket every week. are now three in this borough, and they're planning another one. but all this investment has taken a big chunk out of its profits and it has had to cut prices to stay competitive. these days, rivals are piling on the pressure. of course, grocery retail has always been challenging, and it's no different today. so, is this strategy sustainable? the focus is very much on our sales, our customers and our store numbers and not on a short—term profit ability. over the next two two years, we're going to invest another £1 billion in the uk, around 50% of the population of the uk don't currently shop with us and we know that the main reason for that is that they don't have an aldi store nearby. a no—deal brexit won't affect aldi's plans, he says, but what about prices? what can't do is, it commit that prices will not go up but i don't think i'm alone in the industry on that. it is notjust more stores, aldi is branching cautiously into convenience — only in london, for now. smaller shops to rea

aldi is opening an average a new supermarket every week.his investment has taken a big chunk out of its profits. and it has had to cut prices to stay competitive. these days, rivals are piling on the pressure. grocery retailing has always been challenging and it is no different today. so is this strategy sustainable? the focus is very much on our sales, our customers, and our store numbers. and not on short—term profitability. over the next two years we are going to invest a further £1 billion in the uk. it shows very much our intent, and the fact that our business is extremely sustainable. around 50% of the population of the uk do not currently shop with us, and we know the main reason for that is they don't have an aldi store nearby. a no—deal brexit will not affect aldi's plans, he says. but what about prices? what i cannot do is commit that prices will not go up. but i do not think i am alone in the industry on that. what i can commit to and can guarantee is that customers will always pay the lowest grocery prices when they come to aldi

aldi is opening on average a new supermarket every week.gh, and they're planning another one. but all this investment has taken a big chunk out of its profits and it has had to cut prices to stay competitive. these days, rivals are piling on the pressure. of course, retail has always been challenging and it is no different today. so, is this strategy sustainable? the focus is very much on our sales, oui’ customers and oui’ store numbers and not on a short—term profit ability. over the next two two years, we're going to invest another £1 billion in the uk, around 50% of the population of the uk don't currently shop with us and we know that the main reason for that is that they don't have an aldi store nearby. a no—deal brexit won't affect their plans, he says, but what about prices? what can't do is, it commit that prices will not go up but i don't think i am alone in the industry on that. smaller shops to reach more city centre customers. aldi is evolving, but can it keep its edge as it pursues all this new space? emma simpson, bbc news. as

aldi is opening on average a new supermarket every week.e planning another one. but all this investment has taken a big chunk out of its profits and it has had to cut prices to stay competitive. these days, rivals are piling on the pressure. of course, retail has always been challenging and it is no different today. so, is this strategy sustainable? the focus is very much on our sales, our customers and our store numbers and not on a short—term profit ability. over the next two two years we are going to invest another £1 billion in the uk, around 50% of the population in the uk don't currently shop with us and we know that the main reason for thatis we know that the main reason for that is that they do not have an ld store nearby. a no de brexit will not affect their plans, he says, but what about prices? what can't do is, it commit that prices will not go up but i don't think i am alone in the industry on that. it is notjust more stores, aldi is branching cautiously into convenience — only in london, for now. smaller shops to reach more ci

aldi is opening on average a new supermarket every week.lanning another one. but all this investment has taken a big chunk out of its profits and it has had to cut prices to stay competitive. these days, rivals are piling on the pressure. of course, retail has always been challenging and it is no different today. so, is this strategy sustainable? the focus is very much on our sales, oui’ customers and oui’ store numbers and not on a short—term profit ability. over the next two two years we are going to invest another £1 billion in the uk, around 50% of the population in the uk don't currently shop with us and we know that the main reason for that is that they do not have an aldi store nearby. a no deal brexit will not affect their plans, he says, but what about prices? what can't do is, it commit that prices will not go up but i don't think i am alone in the industry on that. it is notjust more stores, aldi is branching cautiously into convenience — only in london, for now. smaller shops to reach more city centre customers. aldi is evolving

profits are down 18% as aldi invested in lower prices and new stores.as a year of growth and investment. we reduced prices across one third of our range last year. customers voted with their feet so last year we generated an additional £1 billion of sales. you have record sales but your profits are down. profits dead suffer as a result of the investment we made. we take a long—term view and our focus is on customers and restore numbers. not on short—term profitability. customers and restore numbers. not on short-term profitability. is it sustainable? i think the announcement i am making today, which is that over the next two yea rs we which is that over the next two years we will invest a further £1 billion in the uk, shows very much our intent and the fact that our business looks as extremist sustainable. we are planning to open an average of two stores a a week for two years, which will probably bring 5000 jobs. anti-brexit want stop your plans? we are committed to staying in the uk. we are watching brexit with great interest like most of the industry

as you say, aldi has been a opening one on average a week.ut prices to maintain its competitive edge. i've been speaking to the ceo who said he was confident about their long—term strategy. over the next two years, we are going to invest a further £1 billion in the uk, it shows very much our intent and the fact our business is extremely sustainable. we are planning to open, on average, a store every week for the next two years, bringing our offer to more customers across the uk. and brexit isn't going to alter your expansion plans? we are absolutely committed to being in the uk for the long term. we are watching brexit developments with a good deal of interest, very much like the rest of the industry. we would welcome more certainty and clarity over what our future trading relationship with the eu will be. i also asked him about the consequences of a disorderly no—deal brexit and he said like all the other supermarkets he couldn't guarantee there wouldn't be any gaps on the shelves, nor that prices wouldn't go up. he said he was working to mi

discount supermarket chain aldi announces a 26% fall in profit. good morning.me to bbc newsroom live. i'm joanna gosling. borisjohnson is about to hold his first face—to—face talks with the president of the european commission, jean—claude juncker. the prime minister said he was "cautiously optimistic" ahead of the talks, but has made clear that he'll reject any offer to delay brexit further. the meeting, in luxembourg, marks the start of a busy week for the prime minister. on tuesday, all eyes will be on the supreme court as 11 justices examine whether the government's suspension of parliament is lawful. and then on wednesday, the european parliament in strasbourg will discuss brexit. eu leaders are pressing the prime minister to come up with new proposals to achieve an agreement. arriving at a separate meeting in brussels, the belgian and finnish foreign ministers, said the european union had limited room for manoeuvre. we are trying to see what are the possibilities to move if it's possible, and to do that, we need to receive some new proposals from london.

the german supermarket giant aldi has said it plans to open more than one hundred uk stores over theerating profits fell by 26% last year, following price cuts for customers and rising infrastructure investment. the liberal democrats are holding their annual party conference in bournemouth. yesterday, delegates voted to revoke brexit if they win a majority at the next general election. the party's leader, jo swinson, sat down with our chief political correspondent, vicki young, to explain the policy. we have been, for three and a half years, arguing that when the details of the final brexit proposition were available that that should be put to the public for the final say in a people's vote, and we still think that that is the best way to resolve this brexit issue, and we will continue to argue for that parliament. but if we don't manage to secure that and we find ourselves in a general election, that might be the last opportunity the public have to make their voice heard on brexit. and as a party that wholeheartedly believes that our best future is within the european union, we need

aldi, even bigger plans. yes, coming to a high street near gf that one already.e next two yea rs. store one per week over the next two years. on the high street. some of them will be small convenience stores, some are larger. there is a price for all of this, because it will cost them a blogging pan, and they're going to have to invest heavily to keep those prices down. the profits have been falling as a result. let's get more than all of this. and they're going to have to invest heavily to keep those prices down. the profits have been falling asa down. the profits have been falling as a result. let's get more than all of this. emma montgomery is with us. she is going to talk about the markets this afternoon. great to have you with us. but start off with an oil price, because as you have been seen, very rocky, but how much ofa been seen, very rocky, but how much of a concern is it? very rocky indeed. i think it is of concern. it isjust another worry indeed. i think it is of concern. it is just another worry for people, why it is so important as well to look at. w

certainly in the big box space and the competition dween wal-mart, target, kroeger and a few european aldi, liedle, all these guys come into a very, very competitive space. wal-mart still dominates the ability to control prices. for sharmds the top line looks good the question is does the company have the surprise on the eps which is what they had done. i've been wrong on wal-mart the last 30% my view is wal-mart is a very expense of tok sheer that was a function of a market if you bleach the market is in in were worried about growth going to defensive names wal-mart outperforms but right now it's so competitive in the space i don't know why you want want to own something with no marj j. >> i'm pushing back on that. wal-mart is a stock basically unchange the better part of the last 18 months it's just starting to break out add it to the list of recent breakouts. when we think about it is it good fair versus amazon? is it taking share from that side of the trade be long here 115, 116 is a god support. i'd be a buyer >> i'd argue with that it has traded well i'm sort of with tim. with you a

the discount supermarket chain aldi has announced a £40 million slide in profits, despite sales risingew stores across the uk over the next two years. but its chief executive giles hurley said there were concerns about the impact of brexit on the supply chain. i can't guarantee the availability of any single product in the event of a disorderly brexit, but actually, that's no different from anyone else in the industry. i don't believe anybody can guarantee that. what we will do and are seeking to do is shield our customers from any ripple effects as possible. that means working very closely with the suppliers, seeking to increase our stock levels where that's possible and appropriate. a former health minister is calling for universities to be given a legal duty to provide support to students with mental health problems. we can speak to dr dominique thompson, a gp specialising in student health. thank you forjoining us. norman lamb once minimum standards, he's a former health minister, he says some research on this, do you agree with what he is saying? i believe it would be helpful for

the other day i was in aldi looking at crackers. could not find -- i can find who distributes them, but i could not find where the wheat was, is it an american product? product?made that i think we can, with our purchasing power, be a very strong -- it these corporations to change their behavior by the choices we make. there is another example, we recently got a roof on our house and we had a couple different estimates and i asked where the workers -- who are the workers? were they going to be american workers that would work on our house? those companies said to be competitive in the markets, they send the contract out and then they are not reliable for workmen's compensation, they are not required to vet the people coming to my home. that was the status of the market. point -- ito your think it was -- you said it was the aldi store. did you go to the manager and say can you tell me where this is sourced? why don't you guys do this? caller: i didn't. anytime -- in the store, i try to find out where the products come from. seafood.u

of our exports, but we have trade agreements with 64 countries in the world, so we are suffering as aldi are suffering from this trade war because of the effects on trade. we had a drop of exports for the first time in several years. a slight drop of exports and some of our main markets. we have also had slower growth war,result of this trade but we are in the process of improving our chances for the second half of the year. we will have better growth, and we will also likely have a free-trade agreement, very important, which is tpp 11, approved in the chilean congress very soon. tom: that's right where i wanted to go. i think of benjamin friedman at harvard or even the work with imf, and the idea of interdependencies. some would say president trump harkens back to elizabeth i. how advantaged is chile by the trade policies of president trump? all, inain: first of chile, trade is a very important issue. we are, by many standards come of the most open economy in latin america. is lessage tariff rate than 1% for imports. we have these trade agreements with 64 economies. we are expanding the

aldis weakness.% of the women don't even have any chest pain that's an important statistic i think that almost half of women don't feel a pain in their chest which automatically for most people tell them right. >>going on here exactly so they go to the emergency room and they did it's and oath in the speed. gastric grief luxor's or something else going on you sent back home yet. some kind of muscle sent back home. there's some other settle symptoms as well. and can the shoulder and it doesn't have to be that cresting pain could be really settle so sometimes dismissed as. >>just tonight uphold the muscle it's just shortness of breath, feeling it like it's more related to your lungs the heart him and fatigue and then some people say they just had this day. this dike on't l they expect it to go away sure. so don't know what it was, but it's gone now, it's on now. yeah, it will come back if there's some kind of block it most come back. and come back again worse and you'll definitely probably have some sy

other chains like walmart, kroger and aldi have done the same in recent weeks.er delivery. service rolls out end of the year. available in 1600 stores. steve? steve: i think that's a good idea. meanwhile as democratic hopeful elizabeth warren prepares for tonight's debate down in houston, a new op-ed in the "new york post" claims wall street is already freaking out. that's the thought of her becoming our president. >> it goes on to say banks for all their faults usually good at accessing risk. the risk of a warren presidency is real. their right to be scared as the rest of america should be too. brian: here to discuss this stuart varney host of varney and company and the fox business network. not just one of 20. she is one of the top three candidates. steve: top 2. >> and rising sharply. i think wall street and especially the banks have every right to be extremely concerned about a warren presidency. they should be concerned about what's called her accountable capitalism act. that is at the forefront of her economic policy. this is a disaster. this is the social

overall, they should end up with 75—100 more, which is important in that battle with the likes of aldirn africa — their first official tour as a family. the couple are now in cape town, but prince harry will also visit malawi, botswana and angola, where he'll highlight his mother's work to tackle landmines. lets speak to our correspondent, pumza fihlani. she is in cape town for us with a lovely view behind you. tell us what they are doing today and how they are being received ? they have been received very warmly here in cape town by the communities they have visited over the last two and a half days. today's particular programme has focused on a visit to the archbishop desmond tutu foundation where they will get to interact with the archbishop and talk about the work he has done over the years to bring reconciliation in various communities across the world. they also want to learn how they can take those lessons and help younger generations to continue with that legacy. and at that point, the schedule between the duke and duchess then split. he proceeds to botswa na duchess then split

the discount supermarket chain aldi has announced a £40 million slide in profits this morning, despiteu thought about it but said no. for most people, swimming the english channel once is impressive. but doing it for micro times. sarah thomas from colorado is more than half way though her world—record attempt at crossing the channel four times, non—stop. the 37—year—old, who had treatment for breast cancer last year, began the 84—mile challenge early yesterday morning. all the best. very good luck. we will be following her progress. back to our main story at seven minutes past eight on bbc breakfast. "we will be leaving on october 31st — no ifs, no buts." that‘s the warning from number ten ahead of brexit talks between the prime minister borisjohnson and the president of the european commission, jean—claude juncker. the government hopes the threat of a no—deal brexit will force both sides to come to an agreement, but mps say leaving without a deal on october the 31st would break the law. let‘s speak now to the foreign secretary, dominic raab, who is in westminster. good morning. thank