that was whitbread's chief executive, alison brittain.mate. over half of those that employ eu workers are worried about having continued access to people with the right skills.that‘s that's according to new research from the federation of small businesses.they mainly employ mid—skilled staff, such as care and construction workers, mechanics and office managers. joining me now is alan soady, spokesperson, at the federation for small businesses. allen, let's start with those comments from labour that say they wa nt to comments from labour that say they want to guarantee the workers's rights of eu citizens in the uk. how do you think your members will feel about that pledge? what we've been saying is that we think eu citizens who are already in the uk and those who are already in the uk and those who come to work here between now and when we actually do leave the eu, they should all be given a guarantee that they will be able to stay here post brexit, and the reason for that is that small businesses need certainty and if they have someone in

whitbread, the owner of costa coffee and premier inn hotels, reported profits up over 6%. called for an open and flexible labour source with reference to concerns around brexit. carpetright has also expressed concern about the year ahead. both companies shares are down. nestle is planning to cut almost 300 jobs, mainly in york and newcastle. its also going to move production of the blue riband chocolate biscuit to one of its factories in poland. there's going to be cuts at their halifax and girvan sites as well, but the company hopes to cutjobs through voluntary redundancies. nestle said it was trying to make the business more efficient. the gmb and unite unions have expressed their anger at the decision. joining us now is lawrence gosling, editor in chief, of investment week. laurence, let's start off with nestle. 300 jobs in the whole grand scheme of things probably doesn't seem hugely significant, but you have got that factory to go to polandment they‘ re saying have got that factory to go to polandment they're saying it's not because of brexit. what is the reason? well

. >>> whitbread falls to the bottom of the stoxx 600 after the costa coffee owner says it expects the consumer environment to worsen in 2017. >>> ericsson promises to continue with cost cuts to improve profitability as the swedish firm posts a wider loss than expected in the first quarter. we will speak to the ceo at 11:20. >> good morning, everyone. glad you're with us on "street signs." one of our main stories, lvmh and its majority shareholder, arnault, are set to completely take over the christian dior brand. claire is at the lvmh press conference in paris. i can't get over this 12 billion euro deal. when looking at history and how christian dior started selling sketches for pence back in the '20s. >> yes. and this is a move that is appreciated by the market. you were talking about the performance of the stock, because it has been requesting that lvmh simplify its capital structure for a while so in a move to do that, the number one luxury group announced a public offer by the arnault family on christian dior shares. you have to remember they own 71.4% of the company. so this publ

the first all field team in the whitbread round the world race and finished second overall —— all femalere back, reunited with the yacht, maiden. why? i heard she was abandoned in the seychelles about four years ago. it was at a time in my life i was looking for something to do, i thought, this beautiful boat that did so much and so famous, it cannot rot away. we started fundraising, we did crowd funding. we are going to do a three—year world tour promoting the rights of girls to have an education. back in british waters today after being rescued from the seychelles, she is a long way from being seaworthy. down below deck, this would have been home for the 12 woman crew on the nine—month voyage around the world. as you can tell, it has not fared so well over the past 27 yea rs. fared so well over the past 27 years. these are some of the old sales. there are problems at the front of the boat. even a hole in the hull. there is work to be done to get the maiden seaworthy. they wa nt to to get the maiden seaworthy. they want to set sail by summer next year when tracy and the crew first set o

this is a massive company, whitbread.st two years, so that is a big growth. and in costa coffee we grew the business around 250 more coffee shops around the world, and of that around 100 or 180 or so were in the uk. so both businesses are in good growth positions, and that is really helping. we are growing with the economy, and we are also growing the number of people who work for us. we add about 3000 newjobs in the business every single year. and on that point about workers, you employ something like 50,000 people in this country. what proportion of your staff via eu nationals, and have your plans for when we leave the eu? yes, indeed. you are absolutely spot on, around 50,000 people, fantastic tea m on, around 50,000 people, fantastic team members, all over the country. we are not based in one particular pa rt we are not based in one particular part of the country. we are represented everywhere. and around 80% of our workforce is british, with 20% being non— british eu nationals. so it is important to us that we think

whitbread, the owner of costa coffee and premier inn hotels, reported profits up over 6%.for an open and flexible labour source with reference to concerns around brexit. carpetright has also expressed concern about the year ahead. both companies shares are down. the motor industry's fight—back against growing opposition to diesel has moved up a gear with a strong defence of commercial vehicles. the industry's trade body, the society of motor manufacturers and traders, has warned people not to ignore the "essential role" diesel commercial vehicles play in keeping the uk economy moving. now, let's take you back to early this year when us telecoms giant verizon reached a deal with yahoo to buy its internet business for £3.49 billion. well, a yes vote by shareholders injune would make yahoo's boss a very rich woman. chief executive marissa mayer stands to make more than £145 million from her stock options. samirajoins us samira joins us now. marissa mayer has her critics, how are they feeling about this? marissa mayer was brought in to yahoo to try and turn the company around.

whitbread, the owner of costa coffee and premier inn hotels, reported profits up over 6%.and flexible labour source with reference to concerns around brexit. carpetright has also expressed concern about the year ahead. both companies shares are down. the motor industry's fight—back against growing opposition to diesel has moved up a gear with a strong defence of commercial vehicles. the industry's trade body, the society of motor manufacturers and traders, has warned people not to ignore the "essential role" diesel commercial vehicles play in keeping the uk economy moving. now, when you think of luxury art you might think about galleries and auction houses. well, a report out today by the insurers hiscox show that the online art market is growing. online art market sales reached £3.75 billion — up 15% from 2015. overall, online—sales now represent 8.a% of the almost £30 billion global art market. joining us now is robert read, head of art and private clients at hiscox. robert, 8.5%, it is not a huge amount of the global art market. why hasn't it grown more? no, you're righ

whitbread, which owns costa coffee and premier inn, has reported a 6% rise in profit to just over £560id its full—year profits would be at the lower end of forecasts. that's all the business news. welcome to the bbc ask this — today looking at the labour brexit secretary, following the speech from keir starmer earlier this morning. with me now is keir starmer — the shadow brexit secretary. we can go now live to westminster andjoin keir we can go now live to westminster and join keir starmer. thank you joining us. i would like to start with a question from a viewer on the single market specifically. if we aim to keep the benefits of the single market, we won't or can't fully leave the eu. is not this a backhanded way of overturning the result? no. i accept the referendum result? no. i accept the referendum result as does the labour party. we will leave the eu. and that means freedom of movement will have to change. the point i was making this morning is a point a lot of people have made, is you have two fight against terrorists, against customs bergen is that will cause us difficulties,