billion pounds merger with asda.h one might have to shut and you may be forced in your town to go to one or the other and then they would have to much power. they have issued the results this morning. there are 72 pages to go through. i have the headlines for you. interestingly they don't say much about the asda deal because it is in the hands of the regulator. all they say is they are engaging constructively with the regulator about competition. they say that in their view it would create a dynamic new player. you see the figures on the screen, sales are up 0.6%, and that includes argus, which is what sainsbury‘s owns, and they have put them into the foyer, the receptions of many sainsbury‘s stores, overall profits are up 20%. it has its eye on saving money because it is a tough market to be in at the moment, we know about the discounters aldi and liddle, and they have looked at cost savings over the next three yea rs, cost savings over the next three years, they have done about a fifth of that so far, so there is a

since then prices have been falling, with asda now charging £1.19 a litre. like mad. yes, it's black friday. this year is expected to be even bigger than the last, but the shopping is predominantly happening online. it's estimated we'll spend more than £1.5 billion on the internet today — and many small and medium sized firms are taking advantage, as our business correspondent, emma simpson, reports. the black friday orders are flying off the shelves. it's a small warehouse but boy, do they do big business. this firm in colchester specialises in selling excess stock online and they did £6 million worth of sales last year. well, we are growing at about 20% per annum, which is terrific. you know, we've got this chance of the smaller players, as such, being able to compete with those bigger players because of the ubiquity and democratisation that the internet offers. would you ever open a shop? no. ian doesn't need one, when we are doing so much more shopping online, wherever we are. it is a huge shift, driven by technology, which isn'tjust empowering us custom

i am pleased to say that joining us now is andy clarke, the and good tof asda have you.xit,uld linger on you are familiar with the u.k. business seen and we wondered if you could give us your thoughts on what we have on the table for theresa may and if you are still leading a big u.k. group, what would you be saying? the 500have not read page document. it feels like we are in a bit of a sandwich. president trump posted his theresa maythe deal. it feels that we are in a bit of a pickle. what the public voted for was leaving and i think the british public is uncertain about what all this means. anna: grocers are on high alert that -- on anything that adds friction. andy: i was a supporter, i saw for people,ks trade, and currency. thegrowth is, there is fashion industry, the general motor industry are looking at the impact. what leaving the eu will mean. whether we get a deal or no deal, it will have some impact on the british consumer for some time. i am sure that all of the boardrooms of british retailers will be looking at the impact it will have on their supply. and wha

profits are up by 20% as the company is also midway through a proposed merger with rival chain asda.tion and markets authority. the sainsbury‘s chief executive mike coupe, explained more about the planned merger. competition authorities have a role to play. they are an evidence based authority and they will look at the analysis and tell us what we need to do in orderfor the analysis and tell us what we need to do in order for the transaction to ta ke do in order for the transaction to take place. the key thing for customers is this is a unique opportunity to bring the organisations together to lower costs, and ultimately that will result in lower prices for customers. this is the most competitive sector in uk industry. so there is more choice to customers available than ever, whether it is in shops or increasingly online. we would make a strong case to the authorities that they should look at this in the round and ultimately it will result in lower prices for customers. that was the chief executive of sainsbury‘s. the headlines on bbc news at 9:16am. prince charles vows to keep his o

accounting for one—off costs related to its tie—ups with argos and asda did however see profits decliney labelling for vacuum cleaners. the uk firm claimed tests to assess the efficiency of vacuum cleaners favoured rivals' models. while firms continue to hire new staff at near record rates, they are increasingly struggling to find employees with the right skills to do the jobs available. that's according to a new report on thejobs market, which highlights health care, it and engineeering as the most affected sectors. the uk has historically low levels of unemployment. tom hadley, director of policy at rec, a co—author of the report, joins us live now. thank you forjoining us, tom. if you are looking for a job or wanting to drop off to a position that is higher paid, this is a good time to do this isn't it supple wanting to job hop. it is good that demand is really strong across a whole range of sectors. forjob—seekers, it is a good time to sound out what is out there. is it a good time to make a move? the big challenge for employers is attracting a staff that you need when candidate ava

telling the programme today that the competition authorities are looking to examine the deal with asdaok at is argos. yes, plenty more on the business live page if you wa nt to on the business live page if you want to know more about that story and plenty others as well. bbc.co.uk/business. your‘re watching business live — our top story: europe's economy is at a crossroads, with brexit, trade wars and fears over italy's finances weigh on the region's flagging economy. a quick look at how the markets are faring... european markets have risen across the board this morning. you can see the board this morning. you can see the pound versus the dollar. 1.31, been there for early solidly over the last days. a bit of an improvement in the value of the pound, stirling, over the last week, following some reports are some progress that might be made on brexit —— sterling. you may love them, you may hate them, but parents are under pressure to deliver... now let's get the inside track on children's parties... there are parents in the uk forking out an average of £218 — that's $286 — on parties, ac

asda says it will bring in its cut to petrol prices this saturday.of unleaded and diesel petrol following continued decreases in the wholesale cost. morrisons and sainsbury‘s are also planning cuts. collectively the supermarkets have hundreds of petrol stations across the uk. the new "millennial" railcard will be on sale injanuary and available to four million eligible passengers, but the launch is running slightly late. the rail delivery group had promised that the digital—only 26 to 30 railcard would be on sale before the end of the year. it has now announced it will be on sale from 2january. starbucks says it's going to block customers from visiting adult sites on its free wi—fi in all its us outlets,but not until next year. watching explicit content in starbucks stores has always been banned, but now the coffee giant says it will actively these sites. who should customers thank for this move? a virginia—based non—profit called enough is enough. that's all the business news. a snow leopard was shot dead, after a keeper at dudley zoo left the enclo

these include preparing for its merger with asda, which is being examined by competition authorities.he was forced to drag himself along the floor at luton airport because there were no self—propelling wheelchairs is dropping his legal action against the airport. justin levene said his independence had been compromised, but now more self—propelled wheelchairs will be made available. clive coleman reports. the pictures from august 2017 were shocking. luton airport, thank you very much. justin levene, a paraplegic man, dragging himself through luton airport, after his wheelchair, which he pushes himself, was left behind by an airline. the airport offered him a rigid high—back chair like this, which had to be pushed by someone else. he declined and completed his journey on a baggage trolley. last friday he explained his actions to the bbc. i've worked very hard for a number of years to try and maintain my independence and one of the biggest problems i had was if i didn't have my wheelchair my legs had been taken away from me, all of my self—sufficiency and my independence was no longer t

the merger with asda. what are the chances it will go through? sainsbury‘s are very positive suggestions, they have put forward a 2596 suggestions, they have put forward a 25% share of the market. one of the things that has got to happen is that has to be consolidation for it to continue to thrive in the uk. we will have to watch and see what will happen in the next few weeks. they are deep into the investigation process , are deep into the investigation process, and both sainsbury‘s and asda want to be really detailed and they want it to be looked at with a very fine tooth comb and all the details so that at the end of it there is a very clear position for there is a very clear position for the uk market. and you, catherine shuttleworth. that competition and markets authority report we are expecting in january markets authority report we are expecting injanuary of next year. in two other news... samsung are hailing this as the future of smartphones. no, she is not the future of smart things, she is the new chair of tesla! she is taking overfrom

a fall in either prices mean savings at the petrol pumps according to asda. aren't able to reduce their prices. campaigners say new laws going through parliament will not go far enough to stamp out all hidden fees and charges for renters. the tenant fees bill, passing through parliament, will effectively cap or ban the extra and avoidable charges tenants in england and wales incurred. wales has similar rules, scotla nd incurred. wales has similar rules, scotland have outlawed freak tendency fees back in 2012. groups say banning the fees will not solve the problem. more on those stories on our website. a brief look at the markets... it's been a pretty busy week all around. that's your round—up. back to you. she's one of the oldest nominees of the bbc‘s 100 women series this year. setsuko takamizawa is 90, and yet, she's decided to learn a language which was banned when she was at school because of the second world war. the bbc caught up with her in tokyo and asked why she decided to learn english now. what's your favourite colour?|j what's your favourite colou

the primers asda has adopted a strategy, —— the prime minister has adopted a strategy that she has before to pass. she won't entertain any conversation about the future then goes into any specifics and she won't change her view on anything either. bluntly, we have to fall back on the fail—safe of herfailing to have to fall back on the fail—safe of her failing to pull stuff out. she failed to rule out a prospect of ano she failed to rule out a prospect of a no deal, today failing to rule out potentially bringing the whole thing back before the commons again if she was defeated the first time around. the script you hear from her right now will have the taint of familiarity. i am focused on the vote that is taking place on december the 11th and i want everybody who is going to participate, all members of parliament, to focus on one bit about stairs. i am focusing on the vote in two weeks' time. back here, westminster is agog with guesswork. that is exactly what it is, the guesswork around what happens next if, when the government's plan is defeated. there has been one attempt to shape the la

accounting for one—off costs related to its tie—ups with argos and asda did, however, see profits declineirector's first collection for the house had been "exceptional". and dyson has won in its attempt to overturn eu rules on energy labelling for vacuum cleaners. the uk firm claimed tests to assess the efficiency of vacuum cleaners favoured rivals' models. what we know about the job cuts at bombardier? that is a big employer in northern ireland? globally differences 5000 jobs will be going across the world, it employs 70,000 people around the world, but 5500 in northern ireland. the production their accounts for around the tenth of northern ireland manufacturing export and a000 workers in belfast alone make it the biggest employer in the city. other are wrapped don murray, newtownabbey and newtowna rds. murray, newtownabbey and newtownards. we don't yet know where these job cuts will fall. the company says it will go within the next 12 to 18 months but they also said it is getting rid of the q series aircraft and the dehavilland trademark and earlier it sold the sea trademark and earlier