tesco faces higher costs from tax increases. now, we also heard from tesco.he company has maintained its full-year profit outlook after christmas sales period rose more than 4%. the supermarket group sees full -year retail rising for the year at 2.9 billion pounds. i want to see how we are faring for the companies for uk retailers. tesco under pressure there is pressure, really, across the board particularly, let's address this one. b & m, i should say, the retailer we are down more than 13% at the moment investors also disappointed with their latest soft sales figures. look at it we are down across the board really sainsbury down 3.6%. marks & spencers, we are down 5% at the moment. indeed, investors here questioning the outlook for the company which has surprised with consumers saying marks & spencer's is different and it has changed. actually can it keep up with performance. let's discuss with chris beckett. good morning good to have you on the show, chris. first and foremost, i would like to pick your brain around the numbers from marks & spencer's we are

tesco, aldi, and lidl warn the uk government's inheritance tax could put the country's food securityt risk. and it's national pie day! we'll tell you why the industry is fighting back against falling sales and is determined pie and mash stays on the menu. live from london this is business today, i'm sally bundock. so let's get down to business and once again the headlines are dominated by president donald trump. later this afternoon he'll be addressing global leaders at davos — virtually — and many are unsure what to expect. the world economic forum pushes for collaboration — a place where leaders and company bosses come together and try to find middle ground. but president trump is clear his policy is "america first" and has already threatened to raise tariffs for his country's major trading rivals and partners. here's the latest from our economics editor faisal islam, who is in davos....(take sot) who is in davos. so much of the talk here has been trying to divine exactly what the us administration and donald trump will on trade, because the consequences of the tit—for—tat trade wa

tesco makes £2 billion a year. have to pay a bit more — so be it. let's be clear. the government did need to raise taxes. i think the fine tuning that is needed is to look at the speed at which those changes are made. in principle, i've got nothing against lowering the threshold for ni on part—time work. there's no in—principle reason why that shouldn't happen, but the speed at which it is going to happen, the lack of consultation, the fact that we were given six months to prepare for it, that is the problem. but there's also a broader worry for the economy, which is it means that sort of entry—level jobs, the firstjob people go for, are going to be much harder to find. numbers of people applying for shop jobs over christmas per vacancy was up 50% on the previous year. we had 13 people for every vacancy that we had in our shops. my worry is that it's going to be harder and harderfor people to enter the workforce. so in a way, these reforms are pulling up the drawbridge to entry—level employment. it's very difficult

tesco — every little helps.wear brand nike with "just do it" of course. and mcdonald's. # "i'm lovin�* it". i'm sure they'll be loving that. they've made the cut, rounding up the top three. so what is it that makes these slogans so good? there is something that's definitely true of a lot of the top ten, and that's that they are catchy phrases that roll off the tongue. think of "beanz meanz heinz", for example. you know, they've stuck the z on the end of the three words. it's quite sticky. people are going to remember that. and that's a feature of many, not all, but that's a feature of many in the top ten. there's a whole heap of things that go into creating a memorable piece of advertising. it's, you know, it's a real art. oh, what? most of the top ten weren't weren't surprising to me. i think my favourite in the top ten is probably "should have gone to specsavers", which i think is a genius line and has led to so many really, really funny ads from specsavers. this says block two. it's over there, mate. so wheth

tesco, aldi, and lidl warn the uk government's inheritance tax could put the country's food securitywhy the industry is fighting back against falling sales and is determined pie and mash stays on the menu. live from london this is business today, i'm sally bundock. so let's get down to business and once again the headlines are dominated by president donald trump. later this afternoon he'll be addressing global leaders at davos — virtually — and many

tesco, aldi, and lidl have warned the uk's future food security is at stake, unless the government pauses the introduction of inheritance tax on farms worth over £1 million. this comes as the government's budget watchdog, the office for budget responsibility warns farmers are likely to slash investment because of the tax. james hughes is a market analyst and he believes this will increase pressure on the government. this was always going to be the point that the government would have to start listening, was if there was some sort of financial clout behind it, and of course what we can't underestimate is the financial clout that these big supermarkets have in the uk. now that they're being a little bit more vocal about this, it will have to make the government look at this and respond in some way. and i think what's important about this policy is that obviously this has been touted ever since the budget, but the nfu, that is the national farmers�* union, they have come out a number of times and said there are ways that this policy can be made — and their words are "less bad" — with tweaks

fighting for the farmers — tesco, aldi, and lidl warn the uk government's inheritance tax could put theack against falling sales and is determined pie and mash stays on the menu. live from london this is business today, i'm sally bundock.

and those and the little tesco's near me, they've got a security guard there all day.putting the cost, that's putting the prices up. of course it is. >> and some of the bigger supermarket chains now, it's company policy that their employees are not allowed to challenge people that they catch shoplifting. they are allowed to say, would you like a basket for that? but they're not allowed to physically challenge them, which of course is for their health and safety reasons. but it means everybody knows. >> i've got to tell you, when i worked in sainsbury's in swindon as a sixth former and there was as a sixth former and there was a shoplifter, we knew who the wee wee boys, we would chase them and bring them down and we enjoyed that bit of a thrill. social justice when we pull them back in. >> yeah. >> yeah. >> those were the days. >> those were the days. >> well, in a very another odd approach to criminal justice. there's an interesting story about iceland today, isn't there? >> jobs for yobs. so they've come up with this brilliant idea that instead of sending low level of

joining us live now as tesco weight of one of the co-owners of surround hello. hi, jessica. >> thanks for having us. of course, walk us how this ban is affecting you. it's definitely a bit scary for us because tiktok is one of the major platforms we use. >> in addition to other social media platforms to help promote our business, we've actually got a lot of great customers and build customers. and following through social media, especially tiktok and walk us through sort of the nature of your videos to would you say they're certain viral hoax or things that >> have really helps you copnect with those potential customers. yes, for sure. i the reason why tiktok is so effective is because it's not simply hey, come here, we have this product can buy it. >> it's more about, you know, like expressing kind of the lifestyle or even be having relate ability with your customers who basically, by the things that you're also interested and would use. what would you say? are some of your more popular videos that have really attracted? >> a lot of attention to help you grow y

i think what — tesco, which is a giant. 10096. i think what we _ tesco, which is a giant. 10096.a giant. 10096. i think what we have to - tesco, which is a giant. 10096. i think what we have to look i i think what we have to look into this, if the government do go ahead with this, and there's no changes. the supermarkets will continue doing business as normal. they will get their produce from somewhere else if that means british supply chains are affected as they say they are. however, what we need to look at from this perspective, is what a great pr story this is, for the big supermarkets. because as you say, forever, farmers have been of the opinion the supermarkets are not supporting them. you know, they're making it difficult, they're make — all of the ways they distribute those goods, the cost they get, the fact the prices are often very much set incredibly low areas, farmers have the problems with supermarkets for a long time. now, what this does, if you look at

farm tax raid puts food security at risk, warns tesco. and this is tesco i mean how much do they love farmers. they barely pay them. i think that's they don't love. who else are they don't love. who else are they going to. yeah that's right. >> now let us. >> now let us. >> rip them off. >> rip them off. >> you leave them alone okay. >> you leave them alone okay. >> but i mean, i don't want to rehash the debate that i'm sure we've had before about. yes, if you upset farmers, they make the food. i like food, that's obvious for anyone who's not listening on dab. i love a bit of food. you don't want to upset the people who like the food. even tesco agree with me now. >> well this is all the supermarkets agree. and the other thing about it, paul, is. >> that they say that. >> that they say that. >> this tax actually. >> this tax actually. >> is not. >> is not. >> going to have such a great impact in the long term because the farmers will. >> adapt. >> adapt. >> to it. it's going to catch these farmers in the short term who haven't prepared fo

you go into tesco, you just people filling their pockets up legging it. and it's non—stop isn't it.meanwhile we have police investigating non—crime hate incidents and doing a macarena at a gay pride event. we shouldn't have to live like this. let's get our thoughts on my panel this evening. we do have broadcaster and columnist esther krakue. we also have political commentator and gb news presenter as well alice armstrong and journalist jonathan lees. esther, it's just lawless. look, you know, today again, a 14 year old boy stabbed to death on a london bus. yeah, it's never ending. >> well, there are some people that will tell you it's because there are not enough youth centres and activity centres in these neighbourhoods to keep these neighbourhoods to keep these young people busy, so they don't do a bit of stabbing in their spare time. look, inasmuch as i do think a lot of criticism levelled at sadiq khan is very valid and obvious, like stop and search, a very obvious 1 in 5 stop and search lead to a police action. that's a stop and search lead to a police act

. >> asda, morrisons, tesco and lidl have all joined forces calling for labour to reverse those inheritance tax rules on farmers. and a russian spy ship has been warded off britain's waters by royal navy submarine. as defence secretary john healey issued this warning to vladimir putin. >> we see you, we know what you're doing and we will not shy away from robust action to protect this country. >> and parents are cheating the school system. as a new poll shows, 1 in 4 admit to lying to get their children to their preferred school, and this has been exacerbated by the vat hike on private schools. >> and the chancellor suggests net zero is less important than economic growth. so is it a boom for business? is that more important than meeting our green goals? well, we'll be debating that. >> you throw me bells . stepping >> you throw me bells. stepping time. stepping time. >> do we need to save our chimney sweeps? that's my favourite chimney sweep. dick van from mary poppins. find out why they're being asked to park away from their clients homes in the city of brighton. >> i've got the song chim

join us over the next hour to find out about the tesco worker who wears. who wears a fez and sued for race discrimination because his bosses said he looked like tommy cooper. i mean, you're wearing a fez, mate. and the pro—palestinian protesters are angry that there's a ceasefire for some reason and have clashed with cops. the good news is the cops won. and with syria reconquered by islamists, isis are making a comeback. we've got the latest on their training camp for kids. hey, at least it gets the kids away from screens and in the fresh air. i'm leo kearse and tonight i've got the comedians steve allen and nick dixon taking you through tomorrow's top stories. this is headliners. before tomorrow's headlines. let's go to tonight's headunes headlines. let's go to tonight's headlines with tatiana sanchez. >> good evening. the top stories from the gb newsroom. over a dozen people have been injured in a ski lift accident in spain. a stunned ski resort said around 15 people were injured, three of them seriously. the regional government previously said today tha

an the morrisons, boots, tesco's and lidl all joined forces to call for labour to reverse their inheritance tax rules on farmers. >> have you ever thought about. >> have you ever thought about. >> joining reform? >> joining reform? >> yes. >> yes. >> i have. >> i have. >> looked at the reform party because i have been listening to what they're saying. >> suella braverman has called for the tories and reform to join forces. could it have anything to do with the latest opinion poll showing labour are now in third place? zia yusuf joins us on that but keen to get his views. and of course we will cover this. >> two girls became the sex slaves of a grooming gang in rochdale, manchester crown court heard this morning. >> it is yet another alleged grooming gang. on my panel tonight is the director of popular conservatives, mark littlewood, landlord and activist adam brooks and writer and broadcaster nina myskow. i wonder how much money do you think prince harry has just come into. >> son? the flagship title for rupert murdoch's uk media empire, has indeed engaged in illegal practices. >> get ready

join us over the next hour to find out about the tesco worker who wears. who wears a fez and sued for race discrimination because his bosses said he looked like tommy cooper. i mean, you're wearing a fez, mate. and the pro—palestinian protesters are angry that there's a ceasefire for some reason and have clashed headliners. before tomorrow's headlines. let's go to tonight's headunes headlines. let's go to tonight's headlines with tatiana sanchez. >> good evening. the top stories from the gb newsroom. over a dozen people have been injured in a ski lift accident in spain. a stunned ski resort said around 15 people were injured, three of them seriously. the regional government previously said today that at least 30 people had been injured, nine of them very seriously. state tv channel tve reported around 80 people remained trapped for some time on that chairlift. prime minister pedro sanchez says he was shocked by the news of the incident. the israeli prime minister's office says they cannot move forward with the ceasefire deal until, quote, we receive the li

the courts are closed, tesco supermarket in the past hour have announced they will be closing all ofthe official advice is the same as northern ireland. stay at home. only go outside if absolutely necessary, and yesterday evening a reminder of the seriousness here when people's phones got that emergency alert from the uk government, a message flashing up, a siren going off even if your phone is on silent, to stress that official advice, to tell people there is a danger to life that comes with a red warning. that is something that has never officially been used in scotland up until now, so i think something that really stresses how seriously the authorities are taking this storm that is coming. david, thank yon — just a reminder of the news coming in from just a reminder of the news coming infrom ireland. just a reminder of the news coming in from ireland. the republic of ireland has been hardest hit by storm eowyn so far. record wind speeds of 114 mph recorded in galway and of course we mph recorded in galway

we have the courts closed today, we have had tesco supermarket in the last hour announcing they willaffected areas. the police advice, official advice on this is the same as northern ireland. stay at home, only go outside if absolutely necessary, and yesterday evening a reminder of the seriousness here, when people's phones got that emergency alert from the uk government, a message of washing up, a siren going off even if your phone is in silence, to stress the official advice, to tell people there is a danger to life that comes with a red warning. that is something that has never officially been used in scotland up until now, so i think something that's really stresses how seriously the authorities are taking this storm that is coming. let's speak to jake kelly — managing director of network rail eastern region. hejoins us from edinburgh. thank you forjoining us on bbc news. tell us what kind of disruptions could travellers see today as the storm begins to make impact?— see today as the storm begins to make impact? good morning. we have very — to make impact? good morning. we have v