lidl isn't present. th german grocer entered the u.s. seven months ago and has less than 50 stores so far. more than 50 are planned. while nearly all products it sells are brands only found at lidl, lidl says its prices are as much as 50% lower than rival stores. it to see how its entrance to a new area impacted competitors' pricing, which is why lidl paid the university to do the study. the professors who conducted the study found a half gallon of milk can be priced as much as 55% lower at competing grocers in towns with a lidl compared to towns without. avocados and bread are 30% lower. ice cream, bananas, and cheese are 15% less in lidl markets than nonlidl markets. that means kroger shoppers save $22 on their total in markets where lidl is present compared to markets where there is no competing lidl store. $17 savings at food lion. $14 at alde. $3 at walmart. one analyst says lidl's entrance into a new area does push grocery prices lower at other stores, but lidl hasn't been as strong out of the gate

now, lidl is still much smaller than sainsbury‘s.ainsbury‘s about this, about a strategy, we will probably ask them about plastics as well. good questions. thank you to joining plastics as well. good questions. thank you tojoining up plastics as well. good questions. thank you to joining up the dots. now, this morning we have had a brilliant reaction to the film we are about to show you. this time last year billy monger was tipped by many to be the next lewis hamilton. 17, star of f1 racing, but after an horrific accident in april, he had both his lower leg is outdated. his recovery and his determination have astounded doctors, and this week billy will be driving in front of crowds for the first time since his accident. anybody expecting him to ta ke accident. anybody expecting him to take in slowly will be in for a shock, really. ‘billy whizz‘, a nickname he was determined to keep. it's nine months since billy monger had both lower legs amputated after a car crash. this is a final practice before driving with a stunt team at birming

discount supermarket lidl says its sales hit a record in december, up 16% on the same period in 2016.illion mince pies and more than 800,000 litres of champagne and prosecco. the chain opened nine stores during the holiday period, bringing the total outlets to 693. the chancellor, philip hammond, and the brexit secretary, david davis, are making separate visits to germany today, to try to build support for a trade deal between the uk and the eu that includes financial services. they say it makes no sense to put in place unnecessary barriers to trade in services or goods. and the 5p charge for plastic bags in large shops in england is set to be extended to cover nearly all carrier bags, as part of new plans for the environment. since being introduced in large shops in england in october 2015 the 5p charge has cut plastic bag use by nearly 90%. karelian employee 43,000 people around the world. they are in trouble. their share price has fallen 90% sincejuly. the meeting creditors today. we will be talking about them throughout the afternoon. iam back about them throughout the afternoon.

disappointment in the brazilian market as well as in britain from competitive discount retailers, such as, lidler. for the first time, smartphone shipments in china have fallen, according to a report from industry analysts canalys. in a saturated market manufacturers are struggling to stand out. huawei though bucked the trend growing shipments by 9%. oppo and vivo were the biggest losers. a quick look at the matters. brett allupa a quick look at the matters. brett all up a bit. quite a good day today. a slightly weaker dollar at the moment. just eat up 3%. just eat the moment. just eat up 3%. just eat the best performer. we will have more later. much more coming up in the next hour. talking more about davos, president trump, but let's have a look at the weather before that. lots of dry, bright weather around, but not feeling particularly born. you can see plenty of those guys sentin you can see plenty of those guys sent in by an weather watchers. as he moves through this morning, there was a little bit more enemy of cloud in this size is, but it has brightened up quite nicely. spells of sunshin

big winners were discount supermarkets aldi and lidl with record sales over the festive period.hares in gkn, one of the uk's biggest engineering firms, have soared after it rejected a takeover bid from melrose that valued the company at seven billion pounds. the company has also announced the appointment of a new boss anne stevens after the last chief executive kevin cummins left the role before he had even started. british builder bovis says its on track to deliver a significant increase in profitability in 2018 as it seeks to turn its business around after seeing off two takeover bids last year following a profit warning. last year buyers complained about the quality of its homes. a quick look at the markets. that's all the business news. there's controversy over a scheme to erect a zipwire across a reservoir in the lake district. consultation on the project planned for thirlemere ends today. developers say it will encourage tourism, but conservationists aren't happy, as graham satchell reports. hidden in the trees next to lake windermere, a zip wire. keir and will are about t

we saw morrisons at 2.8% and we have seen the german discounters aldi and lidl, they saw sales increase whilst the top end growth looks decent, there is still the relative values maybe not there. but food inflation presumably playing into the figures in a significant way as well. that's right. i think what we haven't seen todayis right. i think what we haven't seen today is the details on margins and we know in the first—half, the margins at intoes collapsed from 2.596 margins at intoes collapsed from 2.5% to below 2% and i think that's really something that needs to be addressed. clearly, there is a lot of pressure with food inflation as you say, and that does flatten the top line sales. it is easy to generate higher sales when the prices are going up, but retail is all about margins and if intoes isn't improving its margins it is not doing as well as the top line figures suggest. neil, thank you very much indeed forjoining us. thank you. govia thameslink franchise is not providing value for money. the largest rail franchise has not provided value for money. passengers have suffered th

from the discounters coming overseas it's a competitive marketplace what is your prognosis for aldi, lidl and market share? >> they've been winning market share about 1% per year together for the last four, five years. we issued a piece of research at the end of last year that looks at the fact that we expect that to continue. in two, three years time from now they'll have about a 15% market share between them. that doesn't necessarily translate to bad news for the other grocers, because, you know, it does depend or collectively it does, at least, because you have population growth -- >> sure. >> but it's certainly the case that the british consumer wants, as in clike consumers across th region, they want value. as in other segments, whether in fashion or general merchandise, you have the underlying players like amazon doing well and cardo doing well in grocery. >> thanks for that it's a super thursday for uk retailers. that was david beadle from moody's. feel free to get involved in the conversation the address is streetsignseurope@cnbc.com of course we are on twitter. follow us at stree

about the fact that he is legally blind, talking about the age of the audience and he joking with the lidle kid, one of the band members. >> i would love you to relate that story but which love to hear it out of his mouth, the sound is just too bad to play. >> reporter: we were looking back but you can see if we can make out some of his jokes. >> probably not a bad idea. >>> brian dawkins made him do it. now who would say that brian dawkins made me do it. >> brian dawkins made you run into a pole. >> you know this guy by now why the man who ran in the subway pillar. >> wow,. >> said yes he was inspired by that jersey he was wearing. >> brian? >>> second straight week an eagles fan has been arrested for punching a police horse outside game. >> this time pennsylvania state police were trying to break up a big crowd in a tailgate when they say 19 year-old andrew corneta, you're looking at right new refused their order so they arrested him. he punched a corporal's horse twice and then hit corporal, he faces a number of charges. >> it looks like horse hit back, right. >> apparently there is vide

lidl supermarket said it had record uk sales in december, with a rise of 16% on the same period in 201600 litres of champagne and prosecco. the chain opened nine stores during the holiday period, bringing the total outlets to 693 — a rise of 43 on 2016. the uk's boat and yacht industry has seen revenues surge to their highest level since the financial crisis after the weaker pound helped drive up sales. sales rose by 3.4% to £3.1 billion in the year to april 2017, according to a report by lobby group british marine. it said that the depreciation of the pound since the eu referendum had boosted the sector by making products cheaper for international buyers. another story were the weak pound has had a knock—on effect. but there isa has had a knock—on effect. but there is a question of how long that will last because the cost of raw materials is increasing because of the weak pound. and the 5p charge for plastic bags in large shops in england is set to be extended to cover nearly all carrier bags, as part of new plans for the environment. since being introduced in england in october 2015,

disappointment in the brazilian market as well as in britain from competitive discount retailers, such as, lidl though bucked the trend growing shipments by 9%. oppo and vivo were the biggest losers. a quick british shares rose across the board last friday as buyers return to the market following two days of declines. the index, it dated briefly, before giving up some of those gains. against the usual, it has also strengthened. the biggest rise at the moment asjust has also strengthened. the biggest rise at the moment as just eat. that‘s all the business news. council say they would need to triple their road repair budgets to tackle a vast backlog are potholes. a transport correspondent victoria fritz has more. it does not take a lot to try and damage a car. you try to avoid them, but sometimes you cannot. it is a bit dangerous to the car. after the bad weather, they seem to appear. normally potholes developed under wet and cold weather, but the nac says it has seen the number of brea kd owns says it has seen the number of breakdowns caused by driving on the roads increase regardless of the sea

big winners were discount supermarkets aldi and lidl with record sales over the festive period.at seven billion pounds. the company has also announced the appointment of a new boss anne stevens after the last chief executive kevin cummins left the role before he had even started. british builder bovis says its on track to deliver a significant increase in profitability in 2018 as it seeks to turn its business around after seeing off two takeover bids last year following a profit warning. last year buyers complained about the quality of its homes. they are worried about the pension fund. that's all the business news. let's recap the controversy surrounding donald trump's cancelling of his visit to the uk. that is a waxwork of donald trump. outside the new american embassy. donald trump and said he was not going to come to the uk next month because he did not want to effectively endorse barack obama was's decision to move it from central london. he is factually incorrect because that decision was made by his predecessor george w bush. more on that coming up. there's controversy ov

market like all and liddell, changing the fortune and six of the big supermarket —— like aldi and lidle more question on plastics. do you think the big retailers, businesses, will play ball with the prime minister's ideas without being legally forced to do so? the plastic bag policy, we have had an 85% reduction, it is a very good thing to do. the customers have no mood at all for greenwashing. you can't say you're doing it and not commit, they want clear action, so i think supermarkets under the retailers should listen to what consumers retailers should listen to what consumers want and take baby steps towards achieving it. kate hardcastle, thank you very much. more now on the nhs. 68 heads of a&e depts to the prime minister about the state of the nhs. all the doctors stress they are talking not as representatives of their trusts, but as doctors. one of them is dr miriam harris — who works at the london north west hospitals nhs trust. thank you forjoining us, doctor harris. what has moved over the last few weeks to write and be part of those who have written and signed this letter? te

generally through the year we‘ll shop around a bit, but interestingly this year, aldi and lidl have done they have had to put out another profit warning and toys r us so it is one of those times of year which is crucial to retailers and there is a difference between the food side of it, and the general other merchandise we buy from the shops. a stark difference, isn‘t it? steph, thank you very much. we will see you tomorrow. you will. ididn‘t i didn‘t get sent to las vegas, did i? the consumer electronics show kicks off in las vegas today. it‘s the biggest event in the tech calendar showcasing the latest developments in gadgets, smart phones, robotics, and autonomous cars. this year it‘s expected to draw more than 170,000 people with to 4,000 exhibitor. rory cellan—jones is in las vegas. in a robotics lab at the university of las vegas, i have come to meet sophia, who looks pretty human and is just learning to walk. hey sophia, can we shake hands? oh, really good to meet you. you are quite warm actually. how sophisticated do you think you are as a robot? i want people to perceive me as t

if we look at some of the growing retailers like aldi, lidl, they have no reward scheme, yet the customersome prefer the lower prices on the shelves and spending less at the check—out, sacrificing a loyalty bonus that could have come their way had they gone to a different supermarket. loyalty does not always reward. when it comes to other things we buy like insurance or energy bills, staying loyal ca n insurance or energy bills, staying loyal can do you out of pocket? insurance or energy bills, staying loyal can do you out of pocket7m can. it can be detrimental to stay with the same energy firm year on year or the same insurance company year or the same insurance company year on year, the prices increase. but at renewal time, if you shop around you can often get a cheaper price. insurance companies especially, they reserve the best prices for the new customers so offer you a discounted price. so the trick is to make yourself a new customer every year and move around so you always get the best value for money. kevin pratt, thank you very much. apple are going to pay a massive tax bill to br