manus: i read -- we wrote a story on sainsbury's.apital, inferior store standards, variable availability patchy checkout experiences, each of which can reasonably expected to annoy sainsbury's shoppers. that is a scathing analyst report if i have ever read one, isn't it? charles: it is and many of us look at the sector and have similar feelings. we should say management strenuously deny these all the time. they were asked this specifically at the last call and they said their availability was as good as it has ever been. i agree, anecdotally come you can go into sainsbury's stores and feel there isn't as much there or in some areas, anything at all. focused ontoget the day job and make sure they are serving customers properly. next --urround off with to round off with me, is always a catalyst in the coal mine. one thing is, we have to remember it is against relatively easy comparison in some ways. last year was the beast from the east, a cold spell at the end of march that dented sales badly. this year, the weather has been more beni

the numbers on the fallout from the sainsbury's asda deal.res may go higher from what we saw today. that is because the full-year earnings came in ahead of estimates. they might be able to go at this in retail earnings, 11% growth and net debt looks better. next,paul, the story at the online side of things is where the growth is. here ofu often retail is blaming the weather but next says the hot weather over the easter weekend boosted performance, particularly in retail stores. sales during the first quarter are ahead of internal forecasts at plus four and half perceived -- 4.5%. next has been a strong performer ins year, shares up 44% 2019, the second-best performer in the ftse 100 index and possibly other strength to come today. anna: we will keep an eye on those and pearson, some m&a talk. arehe rivals in the u.s. possibly teaming up in a merger according to the wall struck -- wall street journal. if it happens, he would be the second biggest company in the world for things like university textbooks and higher education. rivaln could move

sainsbury's is quietly complicated.w, when this deal was locked last week, he was pretty angry about it and he accused the regulator of taking £1 billion worth of savings out of the pockets of customers. i'm going to ask about that as well because they were pretty angry last week. this is the first response we have been able to get. leeds has become the first city to report that it has reversed childhood obesity amongst pre—schoolers. parents were taught how to serve healthier meals as part of a 10—year project. the improvements have been highest in the city among the poorest children — a result that has been described as "astonishing" by researchers. the new emperor of japan, naruhito, has formally ascended the throne. in his first address to his people, he expressed gratitude for the 30—year reign of his father, emperor—emeritus akihito, who abdicated on tuesday. top universities should look beyond exam results and lower entry grades for poorer students, according to the higher education watchdog.the 0ffice for studen

a bit more about sainsbury is‘ numbers.18—19 — but after one of costs — including the blocked asda takeover profits were down 40% the supermarket has promised investment in stores — and yesterday rolled out the uk's first till—free supermarket. bryan roberts is global insights directorfor tcc global. you've been following sainsbury is the so many years, what do you make of these results today? news on underlying profitability, the dividend and debt, and probably good news on the integration of argos. clearly that's been overshadowed by the collapse of the proposed asda merger. i think what has irked a number of onlookers is the absence of any clear plan b. what are these really significant measures that sainbury‘s are going to put in place after what was a fairly disappointing year of trading.- the same time, so many people are asking questions about the boss. given the problem with asda, that rebel takeover that never happened, give us your take on the questions about his future. i was one of the few big fans of the argos

but they mention — a lot of these big supermarket chains like sainsbury ls, supermarket chains like sainsburyhey have already cut their waste by 29%. so theyjust have already cut their waste by 29%. so they just have have already cut their waste by 29%. so theyjust have to do it in a better way. they are also suggesting that maybe this idea that you get cheaper discounts on stuff that is just going out of date, so we need to be more diligent in selling food. this can all be done electronically, andi this can all be done electronically, and i think it could be helpfulfor consumers. there are quite a few restau ra nts consumers. there are quite a few restaurants around here, food outlets, if they are not restau ra nts, outlets, if they are not restaurants, that in the last hour of trading will slash the prices by half. i want their names! i will let you know after, there will be a stampede. we will all go off for a very late dinner. they are shut at this time of night, i have to admit. before you throw it, do a sniff test. i am very much a fan of using my tongue. excellent, the lick test. if th

at sainsbury, retailers, and u.s.-china trade.s is bloomberg. ♪ ♪ francine: this is "bloomberg: surveillance." let's get a check on what is moving the markets here in london. a reminder, most markets are set for this may 1 holiday. annmarie: a lot of u.k. movers and individual names, i qe, -- doubt they are higher today, part of the apple supply chain. sainsbury is also to the upside, one of the biggest gainers. they are really shrugging off that failed to take over, locking in a 46 million pounds hit for hit. markets are focusing on the fact that they have boosted profit. -- profits. eat" to the downside, jpmorgan citing some weakness in the market. in the same note, they upgraded their arrival, so a bit of -- their rival, so a bit of weakness. the white house is warned they are ready to walk if negotiations not proceed soon, mick mulvaney warning they will not go on forever. this dampens optimism about the prospect of a deal, meanwhile, steve has described talks this week as productive. the chinese vice premier is set to travel

we had sainsbury offering a private slump for the quarter.xt, on the other hand, reporting a rise in q1 full. price sale an upbeat picture there. we also heard from lse, persimmon. a number of korpts in focus. we have u.s.-china trade still lingering on we heard from mnuchin tweeting about progress being made there. that in the back of investors' miepds as well then the main event. globally, of course, the fed meeting which will conclude later today, and we'll look for any clues there around what may come next for the central bank looking, as you can see here, a about the of a mixed picture for the ftse 100 let's take a look at fx markets ahead of that big -- the fed release later on right now the euro trading about nine basis points high are 112.24 yesterday worth noting the dollar index retreated about 0.36%. that was its third negative session in a row, but still for the month of april, it was in positive territory the pound trading higher versus the dollar about 25 basis points above that 130 level. let's get into u.s. futures. yesterday

boots, tesco, sainsbury's, holland and barrett, most of the mainstream supermarkets.rted this you were 25? very successful. five years on, has it been an issue when you've gone for funding or help or investment, a people looked and thought, forget it? it's really interesting. when i go for meetings with potential investors and i'm fundraising at the moment, i go by myself and i'm not daunted by the fact that i am young and i'm a woman and everyone asks me has that been a barrier? i don't think it has. i think actually people think you are very entrepreneurial and they love the story, it is a genuine story and authentic. what advice do you have for any young female or male entrepreneur or would—be entrepreneurs out there who want to start their own business? what is the key thing you take with you?” would say be passionate about the product, it becomes your life, it's all encompassing and if you don't love the product that could be very challenging, because this is my life, this is howl challenging, because this is my life, this is how i have to eat and so it's everyth

in conversation with lord and lady sainsbury, reflecting on wartime deprivations especially a lack ofanged more than the way shoppers pay. the queen was given a quick tutorial on how to use a self—service till. her concern, could unscrupulous shoppers leave without paying? her majesty was assured there are systems in place to prevent this. and so ended a glimpse into everyday life for a monarch who, in her 93 years, has only twice before publicly visited a supermarket. is my producer said, an unexpected ad lib. in the bagging error. just quickly, the british prime minister is facing pressure from her own mps after the resignation of the leader of the houses she no longer had confidence in the government ‘s brexit strategy. and you can get in touch with me and most of the team on twitter — i'm @bbcmikeembley. hello there. the next couple of days are looking fairly dry for most of us, with some warm spells of sunshine, but things are turning more unsettled and gradually cooler as we move through the bank holiday weekend. today, though, was a largely dry one, with some warm spells of sun

in conversation with lord and lady sainsbury, reflecting on wartime deprivations.ay shoppers pay. so, contactless payment... the queen was given a quick tutorial on how to use a self—service till. her concern, could unscrupulous shoppers leave without paying? her majesty was assured there are systems in place to prevent this. and so ended the glimpse into everyday life for a monarch who in her 93 years has only twice before publicly visited a supermarket. time for a look at the weather. here's helen willetts. the sun was shining at least for many today. shopping or not shopping. but we did have some rain. this is how it looked in the highlands of scotland. it was quite, and still is quite a grey day, with outbreaks of rain, close to low pressure. for the vast majority we have seen sunny skies. not everybody wa nts, have seen sunny skies. not everybody wants, andi have seen sunny skies. not everybody wants, and i know we need the rain at the moment, but there is no sign of any much—needed rain except in the north for the next few days. we do have a little bit of clo

in conversation with lord and lady sainsbury, reflecting on wartime deprivations, especially a lack ofn a quick tutorial on how to use a self—service till. her concern — could unscrupulous shoppers leave without paying? her majesty was assured there are systems in place to prevent this. and so ended a glimpse into everyday life for a monarch who, in her 93 years, has only twice before publicly visited a supermarket. unexpected ad lib. in the bagging area. just briefly, that main story again coal and the pressure is intensifying and the prime minister to resign. a senior member of cabinet has quit in protest that the government's handling of brexit. that's it for now. thank you for watching. hello there. the next couple of days are looking fairly dry for most of us, with some warm spells of sunshine, but things are turning more unsettled and gradually cooler as we move through the bank holiday weekend. today, though, was a largely dry one, with some warm spells of sunshine around, particularly across england and wales, and these are the sorts of temperatures we're beginning the day on.

sainsbury's says it is getting on with the job, but it is getting on with the job, but it has got tohistory now, but this failed merger has come out quite a cost. emma simpson, bbc news. the time is quarter past one. our top story this lunchtime: the south african athlete caster semenya loses an appeal against new rules restricting testosterone in female runners and coming up — the twins hoping for bring england sporting sucess this summer. we hearfrom phil and tracey neville. coming up on bbc news, andrew rhys junior has been confirmed as anthony joshua's opponent for his us debut fight next month. he replaces the american who failed a drugs test. police officers and staff accused of domestic abuse are a third less likely to be convicted than the general public. a freedom of information request by the bureau of investigativejournalism and the bbc‘s victoria derbyshire programme has revealed more than 700 allegations made against police staff over three years — with just 3.9% ending in conviction. anna adams reports. suzanne was married to a policeman for ten years. she said when the

last month, british antitrust a planned block merger with rival sainsbury.bout 62% of the flow of lyft -- lyft down since its debut in march. david: china economic data disappointed overnight, with industrial output, retail sales, and investment all slowing more analysts expected. we will put this chart back up for you. this is over a 10 year period of time. retail sales is down to the lowest in 10 years. industrial production took a big step down as well. this is before the tariff effect. what are the tariffs going to do? >> it is not going to help. that data should reinforce the need for both president trump and president xi to get together and work something out. our long-term view is what we went through the last two weeks is par for the course. there will be some temporary resolutions and agreement, but we are not going back to where we were. investors really have to get used to this geopolitical risk between the u.s. and china on trade issues being an ongoing theme for the next several years. alix: on the flipside, you say you see more fiscal stimulus

retailers, including tesco and sainsburys, have signed up to a new government scheme, which is voluntaryerywhere, but this compa ny‘s is food waste, it is everywhere, but this company's is trying to cut back. wetherspoons is now offering customers smaller portions of its most popular dishes. takes a simple idea. if you want less food, a small plate means you are less lightly to waste it. i know which one i am having. the small haddock and chips, that was just right. if i had a having. the small haddock and chips, that wasjust right. if i had a big one, i would that wasjust right. if i had a big one, iwould have that wasjust right. if i had a big one, i would have left a lot. you are going to leave all of that? yes, i don't eat chips. it all adds up. the uk currently waste just over 10 million tonnes of food a year. the majority of that some 7 million tonnes, is down to what households throw away. the rest of the waste comes from across our food supply chain, from farms and manufacturers to retailers. a lot of it is perfectly edible. this national charity take some of that surplus food to

in conversation with lord and lady sainsbury, reflecting on wartime deprivations... the queen was given a quick tutorial on how to use a self—service tail. her concern, could unscrupulous shoppers leave without paying? her majesty was assured there are systems in place to prevent this. and so ended the glimpse into everyday life for a monarch who in her 93 years has only twice before publicly visited a supermarket. it was a dry day and there was not much rain at all for the next few days, warm in the sunshine taking in staffordshire, the highest temperatures were in the southeast of england, 21 or 22 degrees, not as warm in northern scotland where we had much more cloud and maybe even some rain as well. though some shelter from the highlands where we see most of the rain here towards aberdeen, if few spots of rain and some central areas that are gone now, clear skies of an eye for england and wales, more cloud though and a bit of a breeze coming down across scotland at the rain in the far north again, so not as cold as yesterday and elsewhere, typical temperatures

given everything you have said about competition we know that last week the merger between sainsburyohn allen, and chairman of tesco. more drawings from me after eight 0'clock. thank you everybody who has been sending me drawings as well. after eight we will also be talking about liverpool and that incredible win last night but we have phil neville on the programme who throughout the next few hours is releasing the names of his squad for the world cup that starts next month. the first games against scotland onjune nine. scotla nd games against scotland onjune nine. scotland and england play together in the world cup and england's team will be announced today. a series of rolling announcements. are you involved? i will be announcing one of the players. i cannot do it until he appears. that is the rules. and your secret is safe with me. time now to get the news, travel and weather where you are. good morning from bbc london news, i'm sonja jessup. families who lost loved ones in the grenfell tower fire have accused corporations of having "amnesia" during the first phase of the public i

the queen has been giving it a go in sainsbury 's, done well.ing to ask, how easy is it to cheat? she has been shown this new technology in a central london store. good for her. can you imagine being at sainsbury's and seeing the queen do a self—service checkout? unknown monarch in baggage area. talking about technology and it all changing... when you think about satellites in space, you probably imagine them collecting data from across the universe. but what about helping us find abandoned supermarket trolleys, or locating public loos? those are the winning ideas in a uk space agency competition for teenagers, looking for inspiration on how satellites can improve life on earth. tim muffett is with some of the winners on fistral beach in cornwall. good morning, what a lovely spot it is. there are even a few hardy souls going for an early morning dip, and congratulations to them. we are talking about, as you say, the uk space agency's competition about encouraging young people to think of ideas for satellites. imagine you are on a walk like this

antitrust regulators lots a planned merger with sainsbury to create britain's largest supermarket.ingtagon could end up a contractor more than a 90,000% premium. they have a contract to pay over , but itr a driver should cost just $46. the inspector general is now weighing legislation that could expand transparency over the cost of spare parts. that is your business flash, francine. francine: thanks. called ontrump has the federal reserve to match china's efforts of offsetting the impact of the trade. besays the economy will pumping money into its system and the pboc will also reduce interest rates. joining us now is the president a development bank based in beijing that supports the development of infrastructure and has just priced a $2.5 billion bond last week. thank you for coming on and giving us a little bit of your time. first of all, congratulations on that bond issuance. do you worry about market volatility increasing because of the trade war? we are thrilled to see that the first bond is a great success. this represents the international capital markets confidence in the a

we spoke to the boss of sainsburys mike coupe.they have a huge amount of choice and that choice is increasing over time. we have to adapt our business as we look forward to those changing customer habits. underlying results today, we had seen online business grow by 6.9%, we have seen artist editions planned grow by to percent and we are now delivering around 20% of company and we are now delivering around 20% of com pa ny sales and we are now delivering around 20% of company sales through online channels. you will have the joy of talking to me again in the not too distance future. business to business was an opportunity undoubtedly and we believed it would have benefited customers ultimately but you can see by the results today there is still a huge amount of change going on in our organisation. that was the boss of sainsbury‘s. the guardian paper recorded an operating profit of £0.8 million for 2018—19: its first such profit in two decades and the culmination of one of the most significant turna rounds in recent british media hi

sainsbury is price went up.n more than they expected to in the last quarter. thank you very much. and — good news for beavers. from today, beavers are a protected species in scotland, a move welcomed by wildlife organisations. the animals were reintroduced to waterways a decade ago, but some farmers were unhappy because of the damage their dams can do to agricultural land. let‘s have a look at the weather. thank you, a bit cloudier for many of us, we have a front moving in from the west introducing cloud and also outbreaks of rain. the best sunshine has been in eastern areas and there will be some heavy showers to end the day the ritual tend to become few and far between overnight with many areas turning dry with clear skies and light winds. quite chilly, certainly out of town, in central and northern areas. tomorrow is similarto central and northern areas. tomorrow is similar to debate, quite a bit of sunshine for the cloud and showers come into western areas and these could pep up to become heavy and even thun