he owns a percentage of west ham football club, sainsbury�*s, he is a very cool club, sainsbury�*s, he cool, calm operator, with a clinical eye for a deal, and he made a fortune in oil and gas and is looking to deploy that. i think what he is going to do with royal mail is a some changes to the way the service works. there is a regulatory review on how often letters have to be delivered. second class letters may be delivered every other day rather than everyday, but he says he is committed to whatever the royal mail is required by the regulator to do, and he is going to go big on these lockers. across europe, has been a big flood of this, a locker where you pick up your online deliveries, so he wants to recreate and tap into the huge expansion in parcel deliveries while at the same time addressed the fact that the royal mail is losing money because they has been a massive plummeting in the number of letters sent. he will keep it looking the same, sounding the same, but a slight shift in business emphasis. expect to hear something on this in the next week or two.— hear something on this

fortune in the oil and gas sector across europe, he owns 27% of west ham football club, he owns 10% of sainsburyooth, calm operator, i've met him a couple of times. with a clinical idea for a deal, he made a fortune in oil and gas and he is looking to deploy that, i think what is going to do with royal mail is make some changes to the way the service works. there is a regulatory review on how often let us have to be delivered, second class letters may be delivered only every other day rather than everyday, he says he is committed to whatever royal mail is required by the to do. he's basically going to go big on these lockers, across europe, that is the way... there's been a big flood of this, you have a locker where you go and pick up your online deliveries. he wants to recreate and tap in to the huge expansion in the parcel deliveries, at the same time addressing the fact that the royal mail are losing money because there has been a massive plummeting in the number of letters sent. a slight change in the business mix, keep it looking the same, sounding the same, a slight shift in business empha

he owns 10% of sainsbury�*s. he is a smooth, calm operator.for a deal. he made a fortune in oil and gas and is looking to deploy that. i think what he is going to do with royal mail is make some changes to the way the service works. there is a regulatory review on how often let us have to be delivered. second class letters may be delivered only every other day rather than everyday. but he says he is committed to whatever royal mail is required by the regulator to do. americans at home and abroad will be tucking into their thanksgiving dinners later today without the steep rises in food prices consumers have had to cope with in previous years. a key measure of consumer inflation ticked up to 2.3% in the year to october — a bit higher than expected — but still close to the federal reserve's 2% target. michelle fleury has more. the good news — the average cost of a thanksgiving dinner has dropped 5%, with walmart and ld offering even lower prices. walmart inflationary meal and audi's freejennifer meal and audi's free jennifer under $47 meal and a

the competition and markets authority looked at 50,000 products from stores like tesco�*s and sainsburysflating prices to make deals look better. consumer affairs journalist harry wollup explains why the watchdog decided to look into this. the cma realised there was a lack of trust around loyalty cards because in the last few years, most supermarkets have introduced what is known as dual pricing, you go to a shop and pick up a loaf and it has two separate prices, one "normal" price and one loyalty price which is invariably lower, and there was a sense that maybe the normal price was being inflated to make the discount or loyalty card price seemed cheaper, to encourage you to sign up to these cards. and it used to be on just a handful of items and now it is on a vast number of items across the huge majority of supermarkets. the question is, were consumers being ripped off and confused, and they have come back, having spent almost a year examining this, and said that consumers are not being ripped off, these are genuine savings. but there are serious caveats attached to that. just talk us

as a result you see the likes of the bosses of marks & spencer is, sainsbury�*s, warning that perhapsg to have to rise. these are the kinds of things that concern the bank of england. analysts think the rates may fall more slowly from here. they will also have to think about president trump's decisions because that too could add to some pressure. perhaps a more gradual pathway for interest—rate cuts from here on out. dharshini david, thank you. donald trump is preparing to select the people who will help him run the us government. among those who could get a senior job afterjanuary�*s inauguration is the world's richest man, elon musk. jon kay's in washington with the latest. jon, the outcome of the election has sunk in. already time to look ahead to the next team at the white house. yes, we know things move fast in politics. we know for certain who will be america's next president, but all eyes now are on who mightjoin him in his team here at the white house, and what the current president, joe biden, will say when he addresses the nation later. with the latest this lunchtime, jessic

sainsbury's, marks and spencer's and bt have said that they will likely have to raise prices, and the the wetherspoons pub chain, tim martin, said all hospitality businesses will now have to charge customers more just to stay afloat . meanwhile, the stay afloat. meanwhile, the polyester palace that is primark, which i'm currently wearing tonight. you're welcome. be careful, i'm flammable. they say that they may now have to invest more overseas due to the weight of tax rises. sainsbury's boss simon roberts has revealed a £140 million hit from rachel reeves national insurance tax rate, which will inevitably be passed on to their brilliant staff. and you and me, when we buy our fruit and veg, following this lemon of a budget. retailers also face higher labour costs after the government increased the national minimum wage, which of course is a lovely policy. but it means that inflation will go up and layoffs are inevitable, particularly among smaller firms. now sainsbury's simon roberts is a great ceo and will do his level best to protect staff and customers. but he has admitted, and i qu

hardly a bastion of right wing worry, mainly a left wing woke organisation along with tesco, asda, sainsbury'sd amazon , all to warn of boots and amazon, all to warn of job cuts and price rises . the job cuts and price rises. the price rises will then keep interest rates higher than they need to be and this will affect you. this will affect households whose mortgages will cost more and will increase the yield on government debt, which will add to the burden of taxation. it's worth remembering when the pm said there was confidence in his mission from business. but today ford announces job cuts across the country. not only will we be a high tax, but also a high regulation economy. only today the house of lords has a bill in committee which will make it easier to adopt the european union's rules and regulations, as if brexit had never happened. and we know exactly what that means. more red tape, more regulation, less innovation , regulation, less innovation, less entrepreneurship. when you compound all of these issues with labour's disastrous handung with labour's disastrous handling of the farme

created in 1979, homebase was owned by sainsbury�*s for 25 years, but it struggled under a series ofcustomer orders should still arrive and gift vouchers will still be honoured. and they're trying to reassure around 2,000 worried staff that the doors will stay open. it's still possible that a different buyer may be found for the remaining stores in the coming days. coletta smith, bbc news in greater manchester. the british museum has been given a set of chinese ceramics worth £i set of chinese ceramics worth £1 billion in what is thought to be the highest value get ever received by a uk museum. i700 highest value get ever received by a uk museum. 1700 pieces are being donated by a charity representing the estate of david percival, a businessman who collected the items around the world before his death in 1974. the around the world before his death in 197a. the range includes china cups used to serve an 11th century emperor. there are some really beautiful pieces in that collection. if i were to see it... look at that little rooster. that is a really small teacup. i would little roost

and then the other team, they start collecting from the, like, sainsbury's, lidl.about 150 meals a week. and as you've seen today, we've had to sadly start turning people away. we've run out of food. um, so we've definitely noticed because the cost—of—living crisis, there's more people coming to us. people who are either rough sleeping, living in hostels and we, as a sikh community and religion, uh, our ethos is selfless service, so we're humbled to help people. nicholas and his wife are living in a car park in luton after their landlord sold up. you've got a suitcase here. where are you living? the wind and the rain is a very big problem. so now i found, uh, this, uh, car park. together, my wife. every food is good. because what can i do? one of the beauties of luton is about, you know, we're always there — united — supporting those that are less fortunate than ourselves. and that's why initiatives like this is really, really important to ensure that nobody goes hungry. we're truly humbled to provide a service of food. and these amazing volunteers — young and old

talked about the biggest raspberry producers in the country, but actually even firms like tesco's, sainsbury'ssaying they may well have to lay staff off. i met a gp's practice last week who already have laid off two staff, so worried are they that the average increase in employers, national insurance is £1,000 per year for somebody on the average salary? now , alex, you know, all salary? now, alex, you know, all sorts of governments put forward budgets and there's an outcry. you know we've had the pasty tax with george osborne and all sorts of rows. this budget if you're in the public sector it doesn't affect you at all. it's purely a hit on the private sector. >> well look i, i look to the situation with income tax corporation tax. and i knew that somewhere, you know, whether you agree with the 9 billion figure or the 22 billion figure, there was an economic black hole where we had to. i know john won't agree with this, but we had to look at taxes. right. and i think for a long time a lot of working people didn't want income tax to go up. you know , income tax to go up. you know, 1 to 2% incr