
Business Daily
2,128 episodes — Page 19 of 43
A story of modern slavery in the UK
Ayo is a victim of trafficking and modern slavery and tells us his story of being taken from Nigeria to the UK and forced to work. We also hear from Emily Kenway, a former policy adviser to the UK’s first anti-slavery commissioner and author of The Truth About Modern Slavery, who explains what modern slavery actually is. Sara Thornton, who was the UK’s independent anti-slavery commissioner until April 2022, explains some of the reasons behind an increase in the number of people being recognised as victims of modern slavery in the UK. We also explore some incoming changes to the UK’s world-leading anti-slavery legislation, changes that Kate Roberts, head of policy at the London-based anti-trafficking charity Focus on Labour Exploitation, tells us she is very concerned about. Producer/presenter: Frey Lindsay(Photo: Child behind wooden crate. Credit: Getty Images)
How Portugal is cycling to success
The global bicycle market is set to grow by 5% every year over the next decade. Demand has been rising, particularly since the start of the coronavirus pandemic as people look for an alternative to crowded public transport. Concern for climate change and rising fuel prices have also helped to push people onto bikes. Portugal is the biggest bicycle manufacturer in Europe. According to Eurostat, it produced 2.9 million bicycles in 2021, with exports generating around 594 million euros - almost 610 million US dollars - and sales are up 49% this year. The Secretary General of the industry group Abimota, Gil Nadais, explains how Portugal has benefitted from EU import tariffs.Pedro Araújo, the CEO of Polisport Group tells us how the industry is working together to cope with rising energy prices and to overcome supply chain problems and staff shortages.Portugal's Secretary of State for Urban Transport, Jorge Delgado explains how the government is trying to encourage more people to cycle in Portugal, where there’s been a historical reluctance, by investing more in infrastructure and giving free bikes to school children. Presenter/producer: Lisa Louis(Photo: Ironman 70.3 Portugal Cascais. Credit; Getty Images)
Unionising the US workforce
There has been a surge in the number of workplaces in the United States voting to join a labour union. Amid this wave of unionisation, companies are pushing back hard. We find out what is happening in the US and how businesses and politicians are reacting.We hear from a worker at outdoor clothing co-operative REI where staff have voted to unionise, plus Michelle Miller, who runs Co-worker, an organisation that supports employees who want union representation. Michael Strain, an economist at the centre-right policy organisation, the American Enterprise Institute, explains that workers are actually doing quite well at the moment as unemployment is low. And have you heard of union-busting? Rebecca Givan is an associate professor of Labor Studies and Employment Relations at Rutgers University in New Jersey - she explains what is happening.Producer/presenter: Rob Young(Photo: Workers on strike from the New York Times. Credit: Getty Images)
Syria: Starting a business in a warzone
How do you launch a successful start-up in a country where there’s been more than a decade of civil war? In this episode of Business Daily Maddy Savage hears how an entrepreneur from Syria was inspired by Scandinavia’s tech scene. Khaled Moustafa founded Syria’s first ride-sharing app, Yalla Go, in 2019. The platform now has hundreds of thousands of users who can book taxis on their smartphones to get around Syria's biggest cities. Khaled shares his story with Maddy and talks about some of the challenges, and benefits, of launching a business during a time of conflict. We also hear from a Yalla Go driver and get a glimpse into Syria’s emerging tech scene. Presenter/producer: Maddy Savage(Photo: Khaled Moustafa. Credit: Khaled Moustafa)
The importance of handmade products
The market for real handmade products is reported to have surged in recent years. Initiatives such as Australia's Seasons of New England Expo and Makers Markets in the UK have led to a revival in small artisanal businesses. Online platforms also give skilful craftspeople a vast market to sell to. Business Daily's David Reid hears from sellers in Manchester making things as diverse as balloon animals and mushroom growing kits. We also hear about the benefits of working with your hands. The philosopher and motor mechanic, Matthew Crawford, is the author of 'The Case for Working with your Hands' and 'The World Beyond Your Head' – he tells us why office work and current management practices have removed judgement and decision making from our day-to-day efforts and alienated us from the real results of the work we do. Produced and presented by David Reid. (Image: A potter making a pot using a wheel. Credit: Getty Images)
Ukraine war: Preserving culture
In this epsiode of Business Daily Ashish Sharma looks at how the art world has tried to preserve Ukraine´s cultural and artistic heritage from the ongoing war.Hear the story of how valuable Ukrainian paintings were put on trucks and sneaked out of Ukraine as Russia began heavily bombing the country. Thanks to the idea of one art collector they are now on display in a museum in Madrid. Ashish also managed to link up with Kyiv to speak to the Director of the National Art Museum of Ukraine, Yulia Lytvynets and Nadia Tymchuk the CEO of the Museum´s Charitable Foundation about how they are trying to protect important artefacts and preserve Ukrainian culture. Presenter/producer: Ashish Sharma (Photo: Exhibition of Ukrainian art in Spain. Credit: Getty Images)
Ukraine war: Refugees and resilience
It is estimated almost eight million people have left Ukraine in the past 12 months. They have all had to start again - finding housing, schools and a way to earn a living. In this episode we hear from Ukrainians who are staying resilient through huge changes to their lives. They tell us about making sure they can provide for their families, run businesses and help their employees. Konstantin Klyagin is an IT and software entrepreneur from Kyiv. When the war started he was on a flight and unable to land in Ukraine. He now lives in Lisbon, Portugal and tells us about helping his employees relocate with him. Vadim Rogovskiy runs an company developing AI software for use in online shopping. Vadim now lives between New York and Poland. He relocated his whole team to Warsaw, Poland on the day of the invasion.Presenter / producer: Alex Bell (Image: Konstantin Klyagin; Credit: Konstantin Klyagin)
Ukraine war: Refugees starting again
It is estimated almost eight million people have left Ukraine in the past 12 months. They have all had to start again, finding housing, schools and a way to earn a living. Some have managed to carry on running their businesses and others have set up new companies in the countries they now call home. Business Daily has been hearing some of their stories of remarkable resilience. Volodymyr and Regina Razumovskaya, now living in Perth, Western Australia, tell us about first leaving Donetsk in 2014 only to be forced to leave their new home and business in Kyiv eight years later. Polina Salabay describes the moment she realised she had to leave her home and dance school business behind in Lviv. She now lives in Canada and runs Polli’s Dance teaching Canadian and Ukrainian children. And Anastasia Kozmina and boyfriend Oleksiyy Danko, tell us how they turned their side hustle into a business when they moved to England. Presenter / producer: Alex Bell (Image: Polli's Dance: Credit: Polina Salabay)
Ukraine war: Economic fallout
Nearly a year since the Russian invasion of Ukraine, Ed Butler examines the real state of the Russian economy. Ami Daniel, chief executive of Windward, a maritime data company, tells Ed about the Russian oil tankers transferring millions of tonnes of crude oil between ships to bypass sanctions. As the war continues, millions of euros worth of Russian assets remain frozen as a result of sanctions. Urmas Reinsalu, the Estonian foreign minister, tells us about an initiative Estonia is leading to actually seize and exploit some of Russian’s frozen billions for the benefit of Ukraine.Presenter / producer: Ed Butler (Image: A market in Kyiv; Credit: Getty Images)
Turkey earthquake: What is the future for young people?
As the rescue and recovery effort from the devastating earthquake continues, young people who survived are making tough decisions about the future. With Turkey already struggling economically even before the disaster, do they leave and start again in a new region, or a new country? Or stay and help rebuild? Victoria Craig travels to Ankara where she meets Berkay, a second year design student from Gaziantep, one of the most badly affected cities. He drove for 12 hours with his family to reach the Turkish capital. He says he's not sure what the future holds, and he is considering moving to another European country. Roger Kelly is the lead regional economist for Turkey at the European Bank for Reconstruction and Development. He explains how youth unemployment is a particular challenge for southern Turkey, and says it's difficult to say whether people who have been displaced will return when areas are rebuilt. And Professor Güneş Aşık from TOBB Economics and Technical University says students affected by the earthquake might not find it that easy - they might have to drop out of university to support their families. Produced and presented by Victoria Craig. Additional production by Anil Ergın. (Image: A rescue centre in Ankara. Credit: Getty Images)
Nigeria's election and the economy
Nigerians head to the polls very soon, in what's expected to be a very closely-contested election. In this episode of Business Daily Rob Young explores how the economy could impact the vote. Africa’s largest economy, is struggling with soaring prices, fuel shortages and insecurity. We hear from Maty Ukhuegbe Osaro who runs a restaurant in Lagos called The Fish Lady, she tells us how the pandemic and rising prices have affected her business and about her hopes for the outcome of this election. Economist and financial business boss, Bismarck Rewane, says us the uncertainty around the election has led some large businesses to hold off taking key decisions and Ngozi Okonjo-Iweala, the director general of the World Trade Organisation, and former finance minister in Nigeria tells us she's optimistic about Nigeria's economic potential. Presenter / producer: Rob Young Image :Campaign rally for the Labour Party in Lagos; Credit: Getty Images
Sweden leads green steel race
Boden is a remote town in northern Sweden surrounded by pine forests, it's at the forefront of an initiative to try and clean up one of the world’s dirtiest industries - steel production. Business Daily presenter Maddy Savage visits the site of a new plant in Boden which aims to cut carbon emissions from the steel making process by 95 percent and bring more jobs and people to a shrinking community.Andy Turner is the head of construction for H2Green Steel, the start-up behind the plant in Boden, he tells us more about the site and the process of making greener steel and Katinka Lund Waagsaether, senior policy advisor with climate think tank e3g - third generation environmentalism - tells us how well is Sweden doing in the race to make steel production more sustainable. Producer / presenter: Maddy Savage Image: How the Boden plant is expected to look; Credit: H2Green Steel
What does studying in the UK cost Africans?
Frey Lindsay investigates what some African students are required to do to get a place to study in the UK – and what that costs. We examine the cost and relevancy of English language tests and explore the visa pathways that exclude some Africans. Young African academics tell us about their frustrations and the enormous expense involved. Nigerian policy specialist Ebenezar Wikina tells us about his campaign trying increase inclusion for those Africans who speak English and education scholar Samia Chasi explains why academics and institutions in poorer countries deserve more of a place in global education.Presenter / Producer: Frey Lindsay Image: Student, Donatus outside Glasgow University; Credit: BBC
Big sporting event, very small town
Business Daily’s Matthew Kenyon visits the Dutch town of Hoogerheide as it hosts the 2023 World Cyclocross Championships. Tens of thousands of fans will flock into the town, and spend their money on hotels, food and drink. But where does that money go? And what about the costs and disruption of putting on a major sporting event in a small place? We hear from the head of the local organising committee, Jan Prop, on how he raises and spends his budget; from cycling’s world governing body, the UCI; and from locals and visitors about the spending and disruption that goes with any big sporting event.Producer / Presenter: Matthew Kenyon Image: Cyclocross 2023; Credit: BBC
Getting into business: Founding a billion dollar firm
Twenty-year-old Aadit Palicha is the man behind India's hottest start up. He was just 18 when he co-founded his quick commerce company Zepto. The firm delivers groceries to its customers in under 10 minutes and is currently valued at over a billion dollars. Aadit tells the BBC's Nikhil Inamdar where the idea for Zepto came from, how they achieve such fast delivery times and what it has been like building such enormous success so quickly.Presenter/producer: Nikhil Inamdar(Photo: Aadit Palicha)
Getting into business: Start-up capital in Africa
The amount of accessible funding for start-ups in Africa is growing fast, but lots of it goes to the more developed economies of South Africa, Nigeria, Egypt and Kenya. We speak to business owners in Nigeria and Uganda and compare their experiences of getting into business. Nnamdi Okoh is the co-founder of Terminal Africa, based in Lagos. He explains the process of getting onto an accelerator programme and how the advice and financial support has allowed him and his brother to turn the business from a side hustle to a full time job. AbdulMalik Fahd investigates why Lagos has become such a hub for new business on the continent and Tom Jackson the co-founder of Disrupt Africa, a hub for start-up news, explains why investment opportunity is growing so quickly and what this means for business. Kaivan Khalid Satter is the founder of Asaak, an asset financing company for motocyles based in Kampala, Uganda. He explains how tough it was to raise funding at the beginning and tells us how he’s now managed to raise more than 30 million dollars in funding. Producer/presenter: Hannah Mullane(Photo: Nnamdi Okoh. Credit: Nnamdi Okoh)
Getting into business: Starting out
Starting a business is never easy, but in the last few years there’s been more than usual to deal with. Many would assume it's not been a great time to start trading but we speak to three business owners who did just that. Tina Kayoma is the co-founder of Project of Japan in Kyoto. A business that sells products made by Japanese crafts people across the world. She opened her first shop last year. Maria Jose Hernadez is in Switzerland where she runs a confectionary business called El Caramelo and Lisa Nielson is in Ghana where she runs Tiny Reusers, a business that sells second hand baby items. They come together in this episode to explain what it's been like setting up a business where they live. They also discuss the good and bad moments they've had and give their tips for anyone else looking to start a business. Producer/presenter: Hannah Mullane(Image: Tina Kayoma, Maria Jose Hernadez and Lisa Nielson, with kind permission)
Getting into business: Selling on social media
Some businesses in South East Asia are growing at remarkable rates by using social media to sell. Live streaming on TikTok and live chatting on apps like Whatsapp, Line and Zalo are all being used to increase sales. We find out how. Nina Dizon-Cabrera is the CEO of make-up brand, Colourette Cosmetics in the Philippines. She explains how her business began on social media and how she can sell thousands of products in just a few hours by live streaming on TikTok. Joan Aurelia heads to Jakarta in Indonesia. The country has over 100,000 TikTok users, the second biggest market for the app after the United States. She speaks to business owners there about how social media has allowed them to transform their businesses. Simon Torring is the cofounder of Cube Asia, a market analyst. He explains how much this new way of selling is contributing to the economy and predicts where the next big trends will come. Presenter/producer: Hannah Mullane(Photo: Nina Dixon-Cabrera Credit: Colourette Cosmetics)
Getting into business: Mentoring
A mentor can take many different forms but ultimately they’re there to give you advice, put you in touch with contacts they have and support you, whether you’re setting up a new business or looking to make the next step in your career. We head to Sweden to speak to Caxton Njuki, a professional sports and health coach who is a mentor to Jessika Sillanpää. He supported her for a year as she set up her business Jessikastory. They give us an insight into their mentoring relationship and how the process allowed Jessika to work on her business full time. Abhishek Nagaraj, an expert in business mentoring at the Haas School of Business at the University of California, Berkley. He discusses the different forms of mentoring and the economic benefits if you have a really good mentor. Producer/presenter: Hannah Mullane (Image: Caxton Njuki and Jessika Sillanpää Credit: Caxton Njuki)
What is the cost of lower inflation?
With food and heating prices going up, and wages not rising at the same rate, there is pressure on central bankers across the world to tackle inflation. But is this the right approach? And can it be done without crashing the economy?Ed Butler hears from parents at a cheerleading class in Castleford in northern England, who are concerned about rising prices. They say it is the food shopping where they have noticed the price rises – with one parent shopping online to stop children asking for more items.Jason Furman, a Harvard professor and President Obama's chief economic adviser, explains how we have reached this position – largely as a result of the pandemic and resulting government responses, and the invasion of Ukraine.Former Federal Reserve economist Claudia Sahm explains how prices are rising for the core essentials - hitting poorer households disproportionately which is an issue for the whole economy.And why do we have a 2% inflation target? Mohamed El-Erian, veteran economist and president of Queen’s College, Cambridge, talks about the historical factors around this 'desirable' number.Presenter/producer: Ed Butler (Photo: Woman with shopping basket. Credit: Getty Images)
ASML: Inside Europe’s most valuable tech company
Presenter Matthew Kenyon visits Dutch tech giant ASML, the company which makes the most advanced machines used in the manufacturing of microchips. It is Europe’s most valuable tech company and business is booming – ASML expanded its headcount by nearly a third in 2022 – but political pressure from the US to restrict exports to China threatens to disrupt the semiconductor landscape. We hear from ASML chief executive Peter Wennink, find out more about the process of creating ASML’s remarkable products and consider what the fallout from Washington’s intervention might be.Presenter/producer: Matthew Kenyon(Photo: ASML expo in Shanghai. Credit: Getty Images)
My hijab, my way
On World Hijab Day, Business Daily's Emb Hashmi explores the enormous market in modest fashion and in particular the hijab. We meet four women who wear the hijab in their own way and also make a living out of modelling, making and selling hijabs. Dr Sana Askary, founder of Yumin Hijab tells Emb that when she decided to wear the hijab a few years ago she couldn’t find one she could wear comfortably so she designed her own and now runs a hijab business which she’s hoping to expand this year.Shazrina Azman aka Mizz Nina was an award winning Malaysian singer songwriter but a chance moment on Hajj pilgrimage made her realise she wanted to dress more modestly. Sharzina adapted her already very successful fashion business to more modest clothing designs and left her free hair look behind to wear the hijab.Lalla Mariah al-Idrissi is a model and filmmaker and tells us she’s considered a model with hijab she's considered a model with hijab because the hijab is such a significant part of her appearance and Eniya Rana a modest fashion influencer based in London and married mother of 5 describes how she creates very relatable online content for a growing global female audience.Presenter/producer: Emb Hashmi (Photo: Dr Sana Askary and friends; Credit: Yumin Hijabs)
The market for military memorabilia
Presenter David Reid explores the huge market in military memorabilia. Enthusiasts recreating historical battles has surged in recent years and driven a boom in the market for military uniforms and artefacts. We speak to dealers and buyers and explore the ethics of what some say is a blood soaked trade.David reports from a re-enactment event and speaks to John Ruffhead, the co-ordinator for the Royal Navy Beachhead Commando re-enactors, to find out more about those who take part. Charlotte Huxley-James, a World War Two living historian tells us about the military uniforms she has bought over the years and why authenticity really matters.We also hear from military memorabilia dealer Malcolm Fisher who tells us the market for what he sells is huge and defends the trade in Nazi artefacts. Producer/presenter: David Reid(Photo: US Army Sergeant in uniform decorated with medals. Credit: Getty Images)
The boss of Africa's biggest bank
Ade Ayeyemi, the CEO of Ecobank - Africa’s biggest bank - speaks to presenter Peter MacJob about the economic woes facing much of Africa and explores the leadership and policy adjustments needed to turn the continents fortunes around.In a candid and wide ranging interview Mr Ayeyemi says that African governments need to stop introducing subsidies and start collecting more taxes in order to manage their economies better.Presenter/producer: Peter MacJob(Photo: Ade Ayeyemi, CEO Ecobank. Credit: Getty Images)
Cost of living: Dresden, Germany
For the final episode of our cost of living series, the Business Daily team are in Dresden, a manufacturing powerhouse in the east of Germany. Leanna Byrne speaks to small business owners, students considering taking on extra paid work and a big manufacturing boss about how the rising cost of living is affecting them and their livelihoods.Detlef Neuhaus, the chief executive of one of Germany's biggest renewables companies - Solarwatt - tells us how the war in Ukraine has changed the mindset of some people when it comes to the value of renewable energy and how their manufacturing costs have gone up in recent months.Presenter: Leanna Byrne Production: Izzy Greenfield and Alex Bell Image: Dresden; Credit: Getty Images
Cost of living: Hospitality
We all know a coffee shop, a restaurant, a greasy spoon, a pub or a fine dining eatery that has closed in the last few months. But why, after two years of forced closures because of the coronavirus pandemic, are hospitality businesses closing now? Leanna Byrne speaks to hospitality business owners from three different countries to find out how they’re covering their overheads. Alessandro Borghese is a chef who owns restaurants in Milan and in Venice. He says he’s paying more for everything from food to oils and staff. And Mandla Mataure is the managing director for the Chimanimani Hotel in Manicaland in eastern Zimbabwe.Zimbabwe ended 2023 reporting a 244% inflation rate. How does Mandla deal with constant price rises when staff are looking for more money?Oliver Mansaray owns the restaurant, Kink, in Berlin. Oliver opened his first ever hospitality business right before the pandemic struck. Like Mandla, he’s taken on the cost of living challenge by cutting costs elsewhere and trying to be more efficient. Presenter/producer: Leanna Byrne )Image: Oliver Mansaray in Kink, Berlin/ Credit: Oliver Mansaray)
Cost of living: Housing
Whether renting or buying, housing costs are going up. Presenter Leanna Byrne takes you back home with her to Dublin, Ireland to discuss what all Dubliners love to moan about: the rising cost of renting. According to a report by Daft.ie, which lists places to rent or buy in Ireland, at the end of 2022 rent in Dublin had risen to an average $2,446 per month.And the rising price of renting has seeped into some of Ireland’s other cities, like Cork and Galway, where rents rose by 12% and 16%. Limerick and Waterford’s rental prices both soared by more than 17%. We hear from Rebecca, a 32-year-old working in the tech sector in Dublin, who has been renting for 10 years. She says that renting in Dublin is getting harder. Alex is 31 and works in banking. He got a job in Dublin in January 2022 and was worried about moving there because he heard about the housing horror stories. And finally, Norman Shapiro, senior mortgage broker with First Israel Mortgages, gives us the view from Israel, where house prices have hit a record 20% year-on-year increase.Presenter/producer: Leanna Byrne (Image: Houses/ Getty Images)
Cost of living: Childcare
Children aren’t cheap. The cost of living crisis is pushing parents to the edge of their finances, worrying about paying for essentials like food, clothing and, for many, childcare. We’ll take a look at Chile, which according to data from the Organisation for Economic Co-operation and Development (OECD), is one of the lowest ranking when it comes to public spending on early childhood education.Natalia Aránguiz lives in Chile and has two children- she speaks to Leanna Byrne about her rising costs.Ann Hedgepeth, chief of policy and advocacy at non-profit organisation Child Care Aware of America, says the national average price of childcare was around $10,600 per year. She says one of the main factors is getting the right staff.Seven thousand miles away in Kampala in Uganda, one childcare business owner is facing the same issues. Manuela Mulondo is chief executive and founder of Cradle, a childcare, lactation and education centre. She says people never think about childcare companies when they are talking about price rises, but says it’s very expensive to look after children.Presenter/producer: Leanna Byrne (Image: Child and parent. Credit: PA)
Cost of living: Transport
In this first episode of our second series on the cost of living, Business Daily's Leanna Byrne looks into the areas of our lives that are costing us the most. Today we focus on our public transport systems. Figures from Statista, a market and consumer data platform, puts Auckland, New Zeland as the third most expensive city for public transport, we hear from Jon Reeves who is National Co-Ordinator and Co-Founder of the Public Transport Users Association there.When the cost of living rises, it rises for everyone. So those working in the transport sector want pay rises to reflect that. Anna Jane Hunter, partner at Winder Phillips Associates, tells Business Daily that there’s a lot of systemic issues in the UK’s transport sector that have only just bubbled to the surface again after two years of us staying at home and not using public transport.We speak to Gregor Kolbe, who works on transport and consumer politics for the Federation of German Consumer Organisations. Over the summer, Germany encouraged people to use public transport by actually reducing the cost of transport. But prices are back to normal levels now. Presenter/producer: Leanna Byrne Image: Passengers at Kings Cross Station in London/ Credit: EPA
The resurgence of vinyl records
In 2022, the sale of vinyl records in the UK made more money than CDs. You might think of it as an old fashioned way to listen to music, especially with the dominance of streaming services, but in the last 12 months, artists like Beyonce, Harry Styles and Taylor Swift have all put out major releases on vinyl. So how is the record industry coping with the increased demand?David Harper visits one of the biggest pressing plants in the world, GZ Media, which is based in the Czech Republic. Company CEO Michal Štěrba tells David that the business model is very different to when he started. He says demand started to grow in around 2003 when some other factories closed, but it hasn't stopped growing.David speaks to a Japanese record store about why younger people seem to be buying so much vinyl. And we hear from Kenyan film maker and musician Maia Lekow. She records on vinyl but can't find anywhere in Kenya to press the vinyl itself - she's ended up doing it in Australia. Some smaller independent labels tell us they're struggling to get records pressed. Andy Black owns the Popty Ping Recording company in Wales and says there's now a delay and they need to plan a lot more in advance, which can be hard when bands want to release new music. Presenter: David Harper Producers: David Harper and Victoria Hastings(Photo: GZ Media pressing plant. Credit: David Harper)
Long Covid and work
Over a million people in Spain are thought to have long Covid. In this episode of Business Daily Ashish Sharma finds out how the condition is affecting working lives and the wider economy. He also examines the long Covid research projects being undertaken in Spain and how they're funded.Long Covid patients Blanca Helga and Maria Angeles discuss their symptoms and the work they're lost since having the condition. Beatriz Fernandez, who herself has long Covid, tells Ashish about a long Covid platform and support group she runs and what she's learnt from it. Maria Jesus Arranz, a geneticist who runs the long Covid research programme at the University Hospital Mutua Terrassa tells us about her work and Carlos Esquivias, the head of Life & Pensions at the Spanish Association of Insurers, UNESPA, tells us how long Covid and Covid in general continues to impact the Spanish economy. Producer / presenter: Ashish Sharma Image: Blanca Helga; Credit: Blanca Helga
The nappy problem
Billions of disposable nappies, or diapers, are produced every year and sales are booming. Most go to landfill, some pollute rivers and oceans and a baby can get through 4,000-6,000 nappies by the time they are potty trained.New dad and Business Daily presenter Rick Kelsey looks into whether the available alternatives to disposable nappies are as cheap or convenient for parents. We hear from with nappy innovators Jason and Kim Graham-Nye in Indonesia, who’ve been in the market for 20 years, about how the alternative industry has changed.The City of Brussels in Belgium is planning to introduce washable, and therefore reusable, nappies in all 40 of its municipal daycare centres by 2026. Arnaud Pinxteren who is leading the scheme tells us how it works. Meanwhile Larissa Copello, who works on the nappy issue for the campaign group Zero Waste Europe, tells us how schemes like the one in Brussels could be scaled up.Presenter/producer: Rick Kelsey(Photo: Nappy change. Credit: Getty Images)
Why does India have so many female pilots?
At 12.4%, India has the highest percentage of female pilots in the world. In this episode, Olivia Wilson speaks to female pilots and industry experts to find out why India is leading the way and why other countries are so far behind. We hear about the achievements of Indian commercial airline pilots, Captain Hana Mohsin Khan and Captain Zoya Agarwal, who became the youngest female pilot to fly a Boeing 777 in 2013 and landed a record-breaking flight over the North Pole on the world's longest air route in 2021. Michele Halleran, a trained pilot and professor at Embry-Riddle Aeronautical University in the US, explains the financial and cultural barriers that are in play. Kara Hatzai, the vice president at the International Society of Women Airline Pilots, who provide financial support for women training as pilots, tells us how a scholarship kickstarted her career in the male dominated industry. Presenter/producer: Olivia Wilson(Photo: Zoya Agarwal. Credit: Zoya Agarwal)
Tackling the global food crisis in 2023
The new president of the United Nations International Fund for Agricultural Development, Alvaro Lario tells us why the pandemic, war in Ukraine and climate change have created a perfect storm for global food security and what can be done about that. The BBC’s Frey Lindsay hears from people around the world who are dealing with the food crisis. Alvaro Lario explains how food shortages often begin with smallholder farmers. The failure of their crops and livestock means farmers are often left struggling to feed themselves and this then affects entire communities. Lario also discusses his vision for how private finance and multilateral institutions can team up and to avert the worst in the coming 12 months.Producer/presenter: Frey Lindsay(Image: Farming fields. Credit: Getty Images)
Why is Nashville a magnet for entrepreneurs?
Small businesses create nearly two-thirds of new jobs in the workforce and account for 44% of US economic activity. So what's the secret to their success? What challenges do they face and which are the best cities and regions for them to thrive? Samira Hussain visits the city of Nashville in Tennessee, which is a hotbed of new businesses and start ups - there are reportedly four out of every 1000 Nashville residents are CEOs.Samira meets James Davenport and Mike Hinds, co-founders of the Nashville Barrel company who launched their whiskey company in the city in February 2020. She goes to a business ‘mixer’ where CEO of the Nashville Entrepreneur Center, Jane Allen, gives an overview of Nashville’s appeal. Tennessee has very low taxes which can encourage new business to the area - Bradley Jackson, president and CEO of the Tennessee Chamber of Commerce and Industry tells Samira how the approach works alongside other incentives.But what does this mean for the people living there? The state has one of the highest sales taxes in the country. That means everything you buy at the store costs more. Samira speaks to Dick Williams, board member of Tennesseans for Fair Taxation, who says this kind of tax scheme ends up hurting the most vulnerable people.Presented and produced by Samira Hussain Additional production: Rob Cave (Image: The lights on Broadway in Nashville. Credit: Getty Images)
China's Covid nightmare: Can Beijing bounce back?
China has this week reopened its borders for the first time in nearly three years. There have been scenes of joy and relief for many Chinese citizens after years of isolation. Ed Butler asks whether this is a turning point, as some are describing. What are the longer term economic threats for the so-called engine of global growth? And how does that impact the rest of the world?Ed speaks to two young Chinese professionals - one in Beijing and one in Shanghai, who are feeling a mixture of relief and concern about the current situation.George Magnus is a research associate at Oxford University’s China Centre - he tells Ed that the current Covid infection wave could spread right across the country, to smaller cities and rural areas.It's difficult to get the true economic picture of what's happening in China, but Shehzad Qazi, managing director of the China Beige Book, the biggest private data collection network on China, says growth turned negative last year, with demand crashing and factories forced to close down.Presenter/producer: Ed Butler(Photo: A woman at an airport in China after restrictions were lifted. Credit: EPA-EFE/REX/Shutterstock)
The return to burning wood
Wood sales for heating have been growing across Europe, but as demand increases people are facing rising prices and reports of firewood theft. Business Daily's Rick Kelsey looks at how people are buying wood burners to heat their homes, so that they don't need to use as much gas this winter. We speak with Nic Snell, managing director of UK based company Certainly Wood. It sells around 20,000 tonnes of wood every year and Nic tells us who is buying it. Erika Malkin, from the Stove Industry Alliance, tells us sales are now unprecedented and the price of wood has not risen anywhere near as much as other fuels. She estimates that heating the average home with wood is 13% cheaper than using gas. To prevent theft in Germany, some forestry departments are experimenting with hiding GPS devices in logs. Nicole Fiegler, a spokesperson from the forestry department from North Rhine-Westphalia tells us how it works.A recent study by the Health Effects Institute warned that the human cost of air pollution in Africa is among the highest on the planet. In sub-Saharan Africa the death rate from air pollution is 155 deaths per 100,000 people, nearly double the global average of 85. Household air pollution, which is linked to the use of solid fuels for cooking, is the largest risk factor for deaths. Dr. KP Asante is a senior researcher on the Ghana Health Service, he talks us through how burning wood could be made more efficient and clean. Producer/presenter: Rick Kelsey(Photo: Open log fire; Credit: Getty Images)
Who is Jack Ma?
Jack Ma is China's best-known entrepreneur, an English teacher who became a billionaire, after he founded the e-commerce giant Alibaba. However in June 2021, Chinese regulators halted the dual stock market debut of his digital payments company Ant Group - an affiliate of Alibaba - in Hong Kong and Shanghai, citing "major issues" over regulating the company. Mr Ma has been laying low ever since.In January 2023, it was announced that Mr Ma would give up control of the Chinese fintech giant.So who is Jack Ma? And what does the future hold now? In November 2022, Business Daily’s Rahul Tandon spoke to Brian Wong, a former Alibaba executive and special assistant to Jack Ma at Alibaba who has recently written a book about his time with the company.He talks about his relationship with Mr Ma, what he was like to work for, and what he thinks the future could hold. Producer/presenter: Rahul Tandon(Photo: Jack Ma, founder of Alibaba Group, speaks during opening ceremony of the 3rd All-China Young Entrepreneurs Summit 2020 in Fuzhou, China. Credit: Lyu Ming/China News Service/Getty Images)
Business and conscription in Russia
Victoriya Holland investigates how businesses in Russia are surviving, as tens of thousands of men of working age are called up by the government to fight in the illegal war against Ukraine.On the 21st September 2022, the Russian President, Vladimir Putin, announced a partial mobilisation of 300 thousand reservists to fight in Ukraine. After this announcement thousands of young men fled abroad. We hear from business owners that have stayed in Russia and now face real difficulties in terms of staffing, and from those who have chosen to relocate their operations entirely. Presenter / producer: Victoriya Holland Image: Conscripted citizens in Russia; Credit: Getty Images
Women, sport and business: Making NBA history
As part of our mini-series on women, sport and business we meet Cynt Marshall. She's the chief executive officer of the Dallas Mavericks and the first black female CEO in the history of the National Basketball Association, a professional basketball league in the United States.Cynt tells us about her background, where she found the drive to forge an enormously successful career and how she’s changed a toxic workplace culture when she arrived at the Mavericks.Presenter: Rahul Tandon Production: Helen Thomas and Carmel O’Grady(Image: Cynt Marshall; Credit: Getty Images)
Women, sport and business: Betting
Gambling has a long and complex relationship with sport. But betting is no longer a man's game. As women's sport grows, many companies are putting big money on its success.In the next programme in our series looking at women, sport and business, we find out how one football side came back from the brink via a deal with Sweden's main gambling operator, Svenska Spel. And we hear how England's victory in the Women's Euros could be a big win for the British betting sector.But as other sports look to sponsorship deals, some are calling for tighter controls on how - and to whom - bookmakers can advertise.Presenter/Producer: Alex Bell(Image: Kristianstads DFF face their rivals Djurgardens IF DFF in Stockholm, Sweden. Credit: Linnea Rheborg/Getty Images.)
Women, sport and business: Media deals
In the second programme of our series on women, sport and business, we’re looking at the media. With women’s sport accounting for only around 5% of total sports coverage globally, we find out how some clubs and organisations are moving away from traditional media, and looking at digital and streaming to reach fans instead. Reporter Sam Fenwick visits Burnley FC Women in the north of England. In 2021 they signed a ground breaking deal with TikTok to show every home game. And we hear from TikTok themselves – Rich Waterworth, General Manager for the UK and Europe explains what’s in it for them. Sue Anstiss is the author of Game On: The unstoppable rise of women’s sport. She tells us fans of all sports are consuming content differently now, and if women’s sport gets it right, there could be a big opportunity in the digital market. And Haley Rosen, founder and CEO of digital media company Just Women’s Sports explains her frustration at trying to set up a business in a growing marketplace which is lacking in investment and infrastructure. Presenter: Sam Fenwick Producer: Helen Thomas (Image: Burnley FC Women in December 2021. Credit: George Wood/Getty Images)
Women, sport and business: Haley Rosen
This year sees one of the biggest global events in women’s sport – the Women’s World Cup in Australia and New Zealand. It follows a very successful 2022 for the sector with record crowds watching England win the Women’s European Championship on home soil, Australia claiming the Women’s Rugby League World Cup and in the Women's Africa Cup of Nations, South Africa beat hosts Morrocco to take the title.In Business Daily’s series on women, sport and business, we speak to Haley Rosen, a former pro soccer player who now runs the digital sports media company Just Women’s Sports. When Haley stopped playing, she realised she couldn't access even basic information about women's sports, including fixtures, scores and all the other statistics available to those following male sports. Haley tells Sam Fenwick how she set up her digital media platform and secured more than $3.5 million in investment. They also discuss what needs to change to make sure female sporting stars are treated on a par with their male counterparts.Presenter: Sam Fenwick Producer: Helen Thomas(Image: Haley Rosen; Credit: Getty Images)
Review of 2022
Business Daily reviews one of the most important 12 months for the world of money and work on record. Big economic news has dominated in 2022. We saw war break out in Europe, record high energy, fuel and food prices, increasing interest rates and in parts of the world total financial meltdown.We look at how Business Daily reported 2022 and spoke to the people at the very sharp end of how the economy has changed lives over the past 12 months.We hear from businesses right across the world in sectors struggling with prices rises and increasing costs, from the people trying to escape or rebuild broken economies and from those who are harnessing new technology and an ever changing work environment to make money or push for change. We also saw many sectors bounce back post-Covid, the return of travel and tourism to many countries, sporting events were once again played to full capacity crowds and festivals, concerts and cinema bounced back as audiences came back and spent their cash.We also look to the year ahead and what might be in store in 2023.Presenters: Leanna Byrne and Rahul Tandon Producer: Izzy Greenfield Editors: Carmel O'Grady and Helen Thomas
Money jobs: Inside the auction house
It’s the last episode in our five-part Business Daily series all about high-value, high-transaction jobs you might read about, see on the TV or glamorised in films. In episode five, Leanna Byrne interviews some of the oldest and most well-known auction houses in the world.Bruno Vinciguerra, chief executive of Bonhams, tells us how auctioneers determine what’s worth auctioning off and what’s not.Jenny Lok, head of business development and operations at Poly Auction Hong Kong, tells us what the day in the life of an auctioneer is really like.And Kelly Crow, staff reporter for The Wall Street Journal, gives an insight into who’s buying all of this really expensive stuff.Presenter/producer: Leanna ByrneImage: Jenny Lok; Credit: Poly Auction Hong Kong
Money jobs: The reality for realtors
This is episode four of our Business Daily series all about high value, high transaction jobs you might read about, see on the TV or glamorised in films. And in this episode Leanna Byrne looks at the reality for those people who's job is to sell or rent some of the most expensive homes in the world. If you’re a fan of Selling Sunset or Million Dollar Listing, with the estate agents as slick as the homes they're selling, then you’re going to love this episode because it lifts the lid on what it’s really like to do these jobs.Leanna speaks to Hong Kong estate agent Letizia G Casalino, director of Real Estate of OKAY.com about the market there, and why realtors in Hong Kong are expected to do a lot more that just sell. Vivian Chong is a real estate agent in Singapore and tells us about some very exclusive properties and Anna Klenkar, is a real estate agent with Compass, and she's been making TikToks all about the realities of the New York property market.Presenter/producer: Leanna Byrne Image: Contract signing; Credit: Juan Manuel Brest
Money jobs: The truth about trading
We all love a good financial film, we might not all fully understand what’s going on the whole time, but they’re always really intense with a make or break ending, but is working as a markets trader really like that? This is the latest episode from our Business Daily’s series on high value, high transaction jobs you might read about, see on the TV or glamorised in films. In episode three Leanna Byrne looks at how some of the most famous financial films depict working as a commodities trader and compares that with what a real life commodities trader, Warren Goldstein, tells us about working in the industry. If, even as your read this, you’re thinking hang on what’s a commodity trader? Don’t worry, Katie McGarrigle, show host for Options Trading Concepts Live on the tastylive network, is our jargon buster for this episode. Presenter/producer: Leanna Byrne Image: Traders on the floor; Credit: Getty
Money jobs: Cashing or crashing with crypto
Crypto is a tricky business. Chances are, you know someone or know of someone who's made a bit of money with crypto, and that you’re not too far removed from someone who’s lost money too. This is episode two in the latest series from Business Daily, all about high value, high transaction jobs you might read about, see on the TV or glamorised in films. In this episode, Leanna Byrne asks author, speaker and content creator Layah Heilpern what it's really like investing in Bitcoin. Abhishek Sachdev, chief executive of Vedanta Hedging, a traditional trader tells us why he's ring-fenced some of his personal investment fund for crypto trading and Matt Brighton, a property investor, tells us he learned some hard lessons trading crypto. We also find out that trading isn’t the only way to get involved in the crypto market. Solicitor Charlotte Hill, works at the international law firm Pennington Manches Cooper has been taking on a ballooning caseload coming out of the crypto space. Presenter/producer: Leanna Byrne Image: Bitcoin logo; Credit: Getty
Money jobs: Making money on the tables
Ever thought about quitting your job and playing poker for a living? Well, today we find out what it’s really like making your living on the tables. This is the latest series from Business Daily, all about high value, high transaction jobs you might read about, see on the TV or glamorised in films. In episode one, Leanna Byrne interviews professional poker player Dara O’Kearney. Dara explains what a day in the life of a professional poker player is really like and warns, if you’re playing poker professionally, every player goes through what’s known as upswings and downswings.We also switch sides and find out what it’s like working as a croupier in a casino. Stefano Melani works for Centro Formazione Croupier, which trains croupiers for casinos across Italy, somewhere with one of the worlds largest gambling sectors. He lets us in on the glamorous and not-so-glamorous side of the casinos. David Schwartz, an academic and gambling historian based in Las Vegas, Nevada, gives us the macro perspective on the gambling industry, detailing the rise of gambling towns across the world. Presenter/producer: Leanna Byrne(Photo: Poker table; Credit: Getty images)
The rising stars of football and their money
The World Cup is a catwalk of footballing talent. Lesser known players are thrust into the spot light and launched onto the global soccer scene often with an enormous increase in wages. But how much do those young, impressionable players know about personal finance? We've all seen the stories of high profile players blowing their fortunes and ending up bankrupt, and players in the English Premier League can expect wages of around $10million a year. In this episode we hear from two former footballers who now help others manage their money. Swedish footballer, Philip Haglund tells Sam Fenwick how difficult it is not to spend on expensive items when the first pay cheque comes in, and former Manchester United and France International, Louis Saha, explains why players can be overwhelmed by how much they earn and what he’s doing to try and help current and former athletes manage their finances better.Presenter/producer: Sam Fenwick (Photo: Cody Gakpo of Netherlands vies with Tyler Adams of USA. Credit: Getty Images)