so the debenhams share price there.rump—putin talks and also former tory cabinet ministerjustine greening's call for a second referendum on brexit. it's doing even better against the dollar. that's all the business news. lastjuly, the british model chloe ayling was at the centre of a terrifying six—day kidnap ordeal in italy. her story dominated the front pages of every newspaper after it was revealed she was lured to a fake modelling assignment in milan then drugged, kidnapped and held hostage. her kidnapper, lukasz herba, aged 30 and a polish national from the west midlands, has been convicted and jailed for almost 17 years. another is awaiting trial, and yet still some people still accuse of her of making it all up. chloe has been speaking to victoria derbyshire, who started by asking what she remembers about when she was kidnapped. when i wasjust waking up, i was just too drowsy, didn't realise, am i on a plane, a boat, a car — i didn't know where i was and it took me a moment to realise that i was in a car. by hear

the drop in value of its stake in debenhams was partly to blame. sports direct currently owns almost 30% of the struggling department store. and burberry turns up the heat — the fashion label burnt millions of pounds worth of products in the last financial year, to protect its brand. they destroyed unsold clothes, accessories and perfume worth £28.6 million to prevent them being stolen or sold cheaply — that was 6% higher than the value of products the company disposed of in the previous financial year. stab + cam we've had some page turning figures from the uk publishing industry, they‘ re reporting record sales of £5.7 billion in 2017, up 5% on the previous year. however they have also issued a bit of a spoiller — warning that brexit could damage its export business — which accounts for 60% of total income. we'rejoined by stephen lotinga, chief executive

shares in debenhams fell by 5% today, following reports that its suppliers are finding it difficult tohey won't be paid. debenhams has already issued three profit warnings this year, but describes the business as profitable, despite challenging times for the high street. it's an illegal drug that s cheap, can be deadly, and its effects are seen in town and city centres across the country. spice has become known as the zombie drug — because of the way it can reduce users to a semi—comatosed state. one town ? wrexham, in north wales ? says its project to tackle the problem is yielding results. our wales correspondent, sian lloyd, has been to see it. spice is ten times worse than crack cocaine and heroin together. it's just one wicked drug. it's evil. wrexham, in north—east wales. it hit the headlines last year with images like these. locals feared it was becoming known as "spice town". yeah, it was in all the newspapers, weren't it? 34—year—old nathan started living on the streets when he was 15. everybody‘s on it down here, aren't they? i'd say the majority of the homeless are on it, an

the drop in value of its stake in debenhams was partly to blame.rise in pay packages for the firm's executives. over 70% voted against the resolution at the company's agm, however the vote was non—binding. and burberry turns up the heat — the fashion label burned millions of pounds worth of products in the last financial year, to protect its brand. they destroyed unsold clothes, accessories and perfume worth £28.6m to prevent them being stolen or sold cheaply — that was 6% higher than the value of products the company disposed of in the previous financial year. we've had some new news on the on going bidding war between comcast and disney. this is a confusing story. 21c fox owns 39% of sky — they have been trying to buy the rest of it — but so have the media giants disney and comcast — and actually disney and comcast don'tjust want sky — they also want 21st c fox. but in the last hour we have heard that comcast are pulling out of their bid for 21st c fox — now they are just pursuing sky. we're nowjoined from new york by our north american business

debenhams. sports offer, so if we can bring a sports offer to their online platform and into their stores, that could work really well and both could work really well and both could benefit. if we can work together and bring a better offer to consumers, that is something where we both benefit. it is a tough market and we think bricks and mortar retailers need to work together. are you not happy with how debenhams is being run at the moment? they are under a lot of pressure, so we need to make things happen. that is what i keep trying, time is not on our side.” happen. that is what i keep trying, time is not on our side. i have one final question. when you look at, you say you are one of the most improved companies when it comes to working conditions. you come from a vaguely described as running victorian workcover. what is the biggest change have made? mistakes we re biggest change have made? mistakes were made and we tried to address as many as possible and we now have alex blackie on the board

list, which, in the uk, has been traditionally dominated by big department stores likejohn lewis, debenhamsts over 500 brands and 50,000 products and was founded by husband and wife team dom and ali beaven in 2012. ali beaven, co—founder of prezola joins us now. thank you for coming in. it was a gamble, given there were such big players already in the market, but you thought this is the time to launch a business so what did you do to set it up? i think we were ahead of ourtime and to set it up? i think we were ahead of our time and the idea came about in 2008 and i noticed there was a gap in the market for an online platform for wedding gift lists but something that was aspirational, something that was aspirational, something that was aspirational, something that would look beautiful. we actually registered the name on my birthday in 2008 but the idea in the back of our minds before we decided to take the plunge and launch in 2012. you said take the plunge, you had to set up quite a lot? yes, we needed the website first of all so we had to sell the house and our car to launch the website, g

more trouble for debenhams as their shares tumble after weekend reports of a cash crunch.ng from the european commission over its pricing policy. the home—sharing firm is told it needs to be clearer on its total costs, after it recieved consumer after it received consumer complaints over hidden additional charges. netflix is reporting its financial results. it's huge. they have taken over from disney as the largest broadcast company. it has inspired other traditional broadcast to create their own content, notjust in us english but in other languages. they have a very good korean drama doing well in southeast asia and they have just entered india and they will produce local content in lots of different languages. and that's a direct threat to bollywood? it is. they will get a piece of that pie. you suspect getting subscriber numbers up suspect getting subscriber numbers up in india will not be hard. even if they get just a up in india will not be hard. even if they getjust a small percentage. and in terms of budget they are expanding and investment isn't hard to find. they

more trouble for debenhams as their shares tumble after weekend reports of a cash crunch.which was in line with market expectations. however, investors still remain concerned about the fallout of the trade war with the united states. so, the prime minister is promising investment in the aviation industry. cynics might suggest this £300 million or so, much of it's in research and development, is to buffer the industry from the fallout from brexit. after all, airbus was saying just two weeks ago that a hard brexit, leaving the eu without a deal, would force it to take much of its production work out of the uk. but mrs may said her proposals for trade with the eu after brexit meant there would be frictionless trade in goods with the eu, and would secure millions of aviationjobs in britain. joining me now from the farnborough airshow is our business correspondent theo leggett. she's giving them £300 million, or promises that, and it's nothing to do with brexit? i think what theresa may's trying to do here is regained the initiative. she came in for a lot of criticism over beca

there were 20 in the first half of 2018 — among those who have issued profit warnings this year are debenhamsamilies living in temporary digs in england were also working in 2017 - up 73% on 2013. the charity blames a mix of expensive private rents, a housing benefit freeze and a lack of social housing. the government said it was investing £1.2 billion to support homeless people. let's check in with the financial markets now and the ftse 100 — the uk's top share index — has fallen back as tensions and concerns about a global trade war rattle investors. a stronger pound weighed on the ftse‘s dollar—earning exporters, with large consumer staples including british american tobacco, drinks firm diageo and consumer goods giant reckitt benckiser taking the most points off the index. that's all the business news. see you later. thank you. you may remember the murder mystery involving russian dissident journalist arkady babchenko, who was pronounced dead by ukranian security forces, only to be unveiled alive and well at a news conference 24 hours later. in an investigation for panorama, jonah fisher

the drop in value of its stake in debenhams was partly to blame.as fallen to its lowest level against the dollar in ten months. this is after the office for national statistics announced that retail sales fell 0.5% injune. analysts were expecting a rise of 0.2%, but it appears the high street didn't receive a boost from either the world cup or the heatwave we have been experiencing. however, the retail spending picture is less gloomy if you look at the last quarter. sales are up 2.1% in the period between april to june. i'm nowjoined from nottingham by clare bailey, who's an independent retail analyst. goody have you with us. which figures be put more store by? monthly or the quarterly figure?|j think monthly or the quarterly figure?” think if we look back to over three yea rs think if we look back to over three years ago, we have got very strong performance. the strongest performance. the strongest performance seen performance. the strongest performance seen since i think fabry 2015. if we look back over even a longer time. and long runner at look