tim, iwant football's one a week, compiled by deloitte.t with manchester united, the fixtures of the upper echelons of your money week. the executive vice chairman said that what happens on the field doesn't have any impact on what happens to them financially off it. i'll be getting the sense know that perhaps that might not be true?“ you look at the club of manchester united standing, a real global brand, a history of success over a long period of time, they are not at the top of the money week by chance but by the success they have enjoyed. but when we are developing strategies for football clubs, we talk about how the more money you generate the more you can invested your playing squads and, ultimately, the on pitch success that they should deliver delivers more revenue. something with manchester united at the moment seems to be broken. we talk about barcelona and the db announced their new manager to reintroduce the barcelona way, £750 million. depends quite a lot on that global brand of the barcelona way. of course, and they have spok

alan switzer, director, deloitte sports business group joins me now. great to see you. no problem.ving this constant growth in the top 20 clubs in the world? we have seen a big increase in broadcasting revenues. but also what we are seeing because they do not control tv rights, greater focus on commercial revenue because they can influence that and get an advantage against their rivals. and part of thatis against their rivals. and part of that is around internationalisation of that. diversifying revenue, expanding internationally. a great 6 cents for barcelona. they got rid of the manager yesterday? the manager ultimately suffered from losing a 3-0 ultimately suffered from losing a 3—0 lead at anfield and in the champions league... it comes down to what happens on the pitch at the end of the day. it does. if you dig into your numbers, the biggest expense is the players. they are the talent, the players. they are the talent, the stars and ultimately they are driving the revenue therefore it is right that they share in the rewards of that but it has to be sustainable. the financial f

she is a director at the consultancy firm, deloitte and also author of mental health and employers. you. thank you for coming in. we talk about the financial cost so in. we talk about the financial cost so let's focus on that first of all. what our business is doing and what more could they be doing? we looked at this two years ago, the stevenson pharma review, and were surprised to see the 16% increase you've lagged earlier. but what we did see on the positive note is that particularly large companies are starting to do more, however, we see there is a lot more, however, we see there is a lot more that can be done. where we think that companies could do more is around culture change, education, proactive support for employees, so this gets a better return on investment, so if you actually wait untilan investment, so if you actually wait until an employee is struggling and taking time off, you get £3 for every £1 back but if you invest early then you get a much higher return. £6 for every £1. when businesses take steps like creating quiet spaces or encouraging people to ta ke quiet

briggs, with deloitte. coming up, checking aircraft readiness. artificial intelligence. talk to aco about all of that, next -- we will talk to a ceo about all of that next. this is bloomberg. ♪ ♪ toyota is taking to the skies. the car manufacturer is investing nearly $400 million in flying taxi startup, making toyota the leading investor in their ipo.-- in they are looking to make flying taxis a reality. aircraft and artificial intelligence is the subject of a department of defense contract just awarded to c3.ai, intended to improve aircraft readiness across the federal government, using a.i. to discuss, we are joined with c3.ai ceo tom siebel. talk to us about how you are bringing a.i. to aircraft. for the c5 galaxy, the f-18 , and other fighters, and we have demonstrated that we can increase the readiness of these 80%,s by, say, from 50% to which is really quite substantial. dod wide award now is and roughly a $100 million award to be able to bring this a.i.- dod, technology to all of the air force, army, navy, and marines. taylor: tom, this is really about predictive

tim bridge is director of the deloitte sports business group, and joins us from salford. forjoining us, we described it as a juggernaut, as long as the competition among different tv groups goes on, that will continue to pile forward, won't it? i think as you rightly say, broadcast revenue has underpinned the growth of the football industry over the last 20 years but is that global fan base really that drives it, ultimately. people are still enthralled by that live unscripted drama that football provides, here in the uk. we have the premier league, examples where any team can beat any other team and that really is what the global broadcasters are looking at so when you put it altogether, you've really got a little bit of a perfect storm. you've got fans who want to watch the games, broadcasters who want it to underpin their own business models and then you throw the competition in and all of that drives the value. it's interesting the point you make, barcelona topping the list but they are in a league where you can wonder who is going to win every game, by and large you k

the report by deloitte estimates that costs to uk employers have risen by 16% to over £40 billion a year of rising wages and an increase in ‘presenteeism', where employees come in even when they're unwell and less productive. the report also highlights how recent changes such as working from home and being constantly connected to work messages, via devices, can contribute to burnout. our technology reporter zoe kleinman has been taking a look. you know what it's like. you've just got home from work, you've had a long day, you are exhausted, you want to relax but the e—mails and messages, they keep flooding in. this sort of tech was supposed to help us work more flexibly but at what cost? amber coster knows all about that. ijust felt like i did not have time to be unwell. amber thought she was thriving in a high pressured drop but the impact of being always on caught up with her. she spent six months recovering after a complete breakdown. i had chronic exhaustion, i was tired all the time. i was suffering really badly from migraines. i had very, very strong abdominal pains. i went through

directors for the first time since the 2016 referendum, according to a regular survey from accountants deloittel officers at some of the uk's biggest companies still think brexit will be bad for the business environment. but they are now more concerned about weak demand and geopoplitical risks than the impact of leaving the eu. i've got lots more coming up in terms of papers, but for now that is your business. see you soon. a young singerfrom brighton has topped the bbc‘s sound of 2020. celeste, who's 25, follows in the footsteps of previous winners like adele and ellie goulding. lizo mzimba reports. the soulful sound of celeste. the young singer raised in brighton who has been named the bbc‘s sound of 2020. i can't wait now to see what the rest of the year looks like. i think you can never predict, even though sometimes you really want to look into a glass ball and see what is going to happen, but i am just so thrilled and so excited. i can't wait. she's already made appearances on shows like later withjools holland, now she is following in the footsteps of previous winners, the likes of which

joining me now is the ceo of deloitte u.s., joe yukazoglo. thank you for joining us.ing to redefine capitalism. if public company ceos are not going to defend capitalism, then who is. >> i think this is the ultimate defense of capitalism. this not an either slash or. this is suggesting that we have to serve a broad cross-section of stakeholders and if we do that well, the shareholder returns will follow. maria: how is that different than a year ago, five years ago, you weren't -- in other words, employees had -- the do yo comms you operate in, they weren't important, now they are. >> the real issue, this has moved from the periphery to the core. companies have for quite a long time had some level of social purpose and responsibility built into the way they operate. often times you would see it in a different group, organizing a coordinated volunteer effort. what you see now, this is built into the strategy of the organization, adopting technology in a responsible fashion, investing in the workforce, really getting serious about climate change and that's not a side iss

challenge that disrupt that access that sensitive information max according to a 2018 report by deloitte china outspent the u.s. by $24000000000.00 when it comes to one of those communication infrastructure since 2015 it has 12 times more 5 g. base stations if that is the point. and that is the gap between china and the world's largest economy and superpower can anyone catch up with beijing. it will be actually difficult to see how this go can be bridged in the near future i mean like you said by 2030 the the market will change and it is expected to generate a lot of money saw it's only natural for a lot of governments to start investing in their companies and trying to build the their power as well in these technologies now i just want to go back to to a point simon was making about at a meeting risk and i agree with him that banning who are completely will not eliminate the risk 100 percent if the only focus is the risk on other parts of the network because every country would like to run their own ideally they would like to run their own infrastructure of their own network to make sur

research by deloitte found companies lose an average of nine working days per employee every year, dueloyds bank is one organisation that changed its approach to mental health after the chief executive took time off work for stress and exhaustion back in 2011. he has been speaking to simon jack. i became ceo of the bank in march 2011, just before the eurozone crisis. i was very mindful that the bank was in a very weak position to face adversity. and of course i couldn't speak about it! because if i did, obviously that would not generate confidence in the bank. so it was a problem that was going around in my mind constantly, which led me to sleep less and less. and the less and less sleep progressively led me to exhaustion and not sleeping at all. which led me to like a kind of torture when you don't sleep at all. and i had to address that, which i did decisively. how tough was it in the position of being the boss of a bank, to actually put your hand up and say, do you know what, actually, i'm having a bit of a problem here? it was obviously very tough. i had a lot of support from my bo

that's according to a survey by accountants deloitte.ers at large businesses said their outlook had improved compared with three months ago. that compares with just 9% in the last survey conducted in october. apple enjoyed a surge in iphone sales in china last month — according to chinese government figures. that has boosted shares in the tech sector around the world. iphone sales had been stagnating in china since their peak in 2015 — with serious competition from rival huawei. the us planemaker boeing has released a batch of documents that will heap more crticism on it over the 737 max crisis. in one of them, an employee wrote, "this airplane is designed by clowns who in turn are supervised by monkeys. " unbelievable comments in this. the plane has been grounded worldwide since march after two fatal accidents killed 346 people. boeing says the messsages are "completely unacceptable". our business correspondent is theo leggett. theo, this was forced on boeing to be released to congress but it is pretty damning, isn't it? it is damning,

the report by deloitte cites rising.loyees come into work even when they are unwell and they are therefore less productive. the report's authorjoins me now to discuss. at a time when a lot of us are discuss. at a time when a lot of us a re really discuss. at a time when a lot of us are really talking more about our mental health and been aware of its importance, why do you think this problem is getting worse? well, we looked at it two years ago and when we looked at it again now updating the analysis we found that a 16% rise in the cost to employers, so it is now over 40 billion every year. and as you said in your introduction, we think one of the main reasons for this is the rise in present theism and this is people not feeling comfortable to take time off and making the decision to come into the office. sometimes that is the right decision for the employee but that is means they're not always able to work at the best. the research also shows that this is a particular problem among younger workers. i wonder why that is,

and better performance, women are still underrepresented and progress has been slow according to deloitte% of board student-athletes among fortune 500 companies in 2018, an increase from 31% the previous year in private markets, venture capital investment in all female-founding teams represented less than 3% of capital invested in states of emergency of all of the ecosystem last year. just 11% of decisionmakers at these firms are women. some of the biggest and highest profile unicorns still don't have female representation on their boards here's a view of them. they include doordash, juul and palantir this isn't just an issue solomon is get beg hind, blackrock and others back to you. >> dreeirdra, i was going to brg up a california law baz it seems some companies like doordash would have to add a female director anyway. moving two two and the impact on europe would be pretty big, would it not >> it would be i think the main point is you need to get female directors on board earlier. it's interesting you kind of see a little built of a trend here when companies get ready to go public they

time it‘s topped the league table of wealthy clubs, which is put together every year by accountants deloitteow it‘s time for a look at the weather. starring brendan has moved towards the north overnight. heavy rain moves northwards and eastwards today. it is already pushing in other parts of england and wales. still some snow over higher ground in scotland. the rain is heavier down towards the south—east of england. quite widespread gusts. 75 mph down the irish sea coast. there could be some disruption and travel issues later on today. temperatures across southern areas, 11—13. the rain will linger on overnight and that could lead to some flooding issues into wednesday. dryer and bright for many of us. more so as to come in the north—west of scotland with a strong wind. goodbye. —— more showers. you re watching bbc newsroom live ? it‘s midday and these are the main stories this morning: the prime minister calls for the us to agree to a new nuclear deal with iran as eu countries begin a dispute process over iranian breaches. if we are going to get rid of it, let‘s replace it, and let‘s replac

according to research by the consultancy firm deloitte, companies lose an average of nine working dayshese difficulties could be anything from feeling anxious to being diagnosed with a mental illness. and as our business editor simonjack reports, it can affect anyone from the shop floor to the boardroom. whether it is the daily commute into a city centre office... ..or another day on the building site... ..we spend a lot of our lives at work. and sometimes, life's pressures can get to us, any of us. colleagues... the boss of lloyds banking group took time off work for stress and exhaustion as worries about the health of the bank during the eurozone crisis started to affect his own health. so it was a problem that was going around my mind constantly. it led me to sleep less and less, and the less and less sleep progressively led me to exhaustion and not sleeping at all, which led me to, like, a kind of torture, when you don't sleep at all, and i have to address that, which i did decisively. that experience helped change the way the bank looked at mental health for all 65,000 employees.

this is research done by the business consultancy deloitte for the bbc.heir employees' mental health problems are rising, going up by 16% in the last two years, £40 billion a year. that is firstly to do with the cost of rising wages if people are off sick. it costs more to keep paying them while they are sick. in a similarvein, the them while they are sick. in a similar vein, the report also points toa similar vein, the report also points to a growing problem of present theism, meaning we turn up for work a nyway theism, meaning we turn up for work anyway because we feel we have two even though we are not healthy enough. it is counter—productive to turn upfor enough. it is counter—productive to turn up for work when you are not really a ble turn up for work when you are not really able for it. this is an issue which has affected people at the top of business as well. the chief executive of lloyds banking has been through an experience like this himself, and it was what he told our business editor simonjack. it was a problem going around my mind constantly

you have more and more consulting firms like deloitte and mckenzie setting these female partners with oliver wyman targeting 20% 20 years.tners in what are the benefits and drawbacks for quotas. effective? >> i think they are effective. a few years ago i thought it was now just looking over the past five years that think it has i actually really had a rising change. i definitely see the effect of it. ago it was years more about talking, the importance of women, but in the quotasw years with those in place, i see it as much more executive support behind it, much more are michigan tiffs and more confidence to women that the tuck y wants you to succeed. as a result -- > what are the concrete actions -- ankz actions.e i think as a result just taking example, we as an have more female partners in the past few years, and we see that new talent is growing we a much higher share managers, and that's for the future projects around the world in this industry. i'm wondering if you have differences between the proportion of women and the in ption of this industry asia for women versus other parts

deloitte says that could put it behind manchester city and liverpool.lobal news, 24 hours a day, on air and on quicktake by bloomberg, powered by more than 2700 journalists and analysts in over 120 countries. bloomberg. >> thank you so much. the u.s. has dropped its label for china as a currency manipulator. this comes as the two nations get ready to sign the phase one trade deal in washington. also driving the currency up as data that says china's currency is on its way to steadier ground. despite trade with the u.s. declining. first of all, trade numbers, are they as good as the headlines project? positivetainly is a read. they reflect better sentiments. the economy is shifting toward a trade deal. there is relief all around. there is a base effect going on here. reflects the front running of shipments. there were some positive takeaways. china managed to find new markets. some growths in parts of europe. does this mean that we are at the start of a trade rebound? >> it is the big question. world's biggest trading nation. we know manufacturing gauges

the deloitte cfo survey was taken after the election saw a big rebound in cfo expectations.f the flash pmi next week, then i think the degree of appreciation or rally we have seen in those rate cut expectations needs to be put into context. francine: what happened exactly? i reread it yesterday the speech that governor carney made last week, which is actually a lot more tempered than the markets took after we had a couple of mpc members -- >> absolutely. i think markets are putting two and two together. it is carney's last opportunity to influence monetary policy. we have those comments over the weekend as well saying, well, if there is going to be a deterioration or if there is not a bounce back -- i think in a sense, that rate expectation for the january meeting is going to be absolutely pivotal in terms of those flash pmi readings. if there is going to be some rebound, if we are going to see some of those indices start to recover, albeit from a low base, but nevertheless showing si , to me suggests the market has got very much ahead of itself in terms of pricing in such a

and deloitte surveys. there are signs that lower uncertainties boosting housing activity. continuous fall since the start of 2019 and tempering earlier signs of a slowing in labour demands. households remain confident about their own financial situation and their confidence about the general economic outlook has improved to its highest level in a year and improved to its highest level in a yearand a improved to its highest level in a year and a half. reflecting these positive developments, the mpc judges that it was policy to maintain. to be clear, these are still early days and it is less of a case of so far so good then so far, good enough. it will be important for the hard data on activity to follow through on the recent pick—up in surveys and fort domestic price inflation to strengthen. though the global economy looks to be recovering, caution is warranted. evidence of a pick—up in growth is not yet widespread. and any one of the known risks such as a renewal of trade tensions could reverse recent progress. the emerging threat from a new strain of coronavirus is a remi

we can find out what it is doing right from tim bridge, a director in deloitte 5 sports business groupclubs in spain, real global appeal. it is a barcelona's a slight change in the way they do business that has led to them on top of the money league this year. they have taken that merchandising in—house, is that right? yes, they are operating all of that. there is a bit of a scale between those who do it themselves and those who use a third—party, barcelona have moved towards the end of the spectrum doing it themselves, allowing them to control and generate the revenue. they are generally due to spanish giants. there are some eight english clubs in the top 20, manchester united in the top three, but you have one they are not likely to that place? yes, we talk about a virtue of a cycle in the football, that is related to the fa ct the football, that is related to the fact that the more revenue you generate, the better squad you can invest in, in theory, that should delivered on pitch returns. the english league is underpinned by its broadcast revenue, but pitch performance is critical,