is dave lewis so far doing a good job? charles: i would say yes.e is getting very generously rewarded for his job. and it is a very tough job to do. we haven't really seen his position all over the strategy -- we have yet to see what his vision for the businesses. that will be fascinating to see not only on tesco but on the rest of the industry. caroline: do you think shareholders will like what they hear? charles: i think there is a degree to which -- prices continue to be down quite a lot year-over-year. people have started driving a little bit more. petrol stations, it's a number of little things that make it more likely. sainsbury mentioned that people are buying more clothes. there could be a number of lucky little things with the economy coming into line with the revitalization strategy. caroline: tesco takeover target? do you think people have wondered if they wanted to buy the business? bryan: there are probably much better candidates for takeover in the u.k.. caroline: who? bryan: there is still residual interest in sainsbury's. i think te

it does suggest that dave lewis' change of strategy is having an effect.s like a slightly reduced product range, but also reduced prices, it does seem to be having an effect. that was the encouraging data. volumes are up 1.4% in the u.k. mark: what else does he need to do? he's got the 21.7 billion pound debt hole. many say he needs to announce more measures, more asset sales. south korea looks like a possibility. what else does he need to do? >> those rumors were speculation that they could get up to 2 billion pounds. that could be an extra 4 billion pounds to sell those assets. you saw in the last quarter, they already agreed on annual pension contributions. they've taken measures to shore up the balance sheet. they also announced that capex has been significantly reduced. they also cut the dividend. they have taken quite a few measures to help the balance sheet. i think from now on, what they need to focus on is turning around the business operations. ultimately, tesco is a food retailer and some of the shares perform well. they have to provide a servic

dave lewis said he is not going to speculate on that.he accounting scandal, that almost cost them more than a quarter of a billion pounds. what about the repercussions? how to the ensure this will not happen again? previous executive payouts, the previous cfo and philip clarke what about the money they were paid, will be brought back if they are found to be doing any wrongdoing and accounting scandal? -- in the accounting scandal? manus: let's look at the agenda. francine: chinese stocks have plunged as the country's ever -- country's longest bull market go down. the shanghai cop as it dropped 7.8% -- shanghai, is it -- co mposite dropped her it -- dropped. manus: the investigation into the minor deaths deal with the unions. grexit we welcome the release of the report, we have all been waiting on it. we believe it is a vital step in a process. francine: the french president has called the low cost cap app, uber illegal. cabbie is are angry because a cab ride in paris can cost a lot, but there is no obligation for uber drivers. tweet at u

introduced by john lewis that would repair the damage done by the supreme court on the 1965 voting rights act. so now let's see if members of the virginia congressional delegation step up, dave, since you're in washington, step up and support this bill to repair the damage done by the supreme court. >> and bremante and dave, what about the dialogue that's been generated? >> see i still think it matters. i know you're not saying it doesn't matter joe, but i think it's important because you have to start with some steps. and historically we know that the push back on removing that flag from anywhere had been great. so the fact you don't see as much of that, and i think what's important from mcauliffe, remember he said in his announcement i'm trying to make this state a state that's inviting to businesses. that's what i'm trying to do there. not only was he sort of taking a moral stance but he was looking at this economically. so he's a different kind governor and i think also what's interesting in virginia let's remember now this flag is so tied to the civil war. virginia, richmond was the seat of the confederacy. so i think symbolically that matters especially with virginia.