Business Daily

Business Daily

United Kingdom

The daily drama of money and work from the BBC.


Are We Overmedicated?  

We ask if patients are being prescribed too many medicines. Confusion and lack of research, says one physician, can be a culprit in some cases where patients are handed prescriptions for medicines which are not necessary for the improvement of their overall health. Commercial influence from pharmaceutical businesses is seen as another factor in overmedication - so we speak to a representative from the pharmaceutical industry about who is responsible for educating patients and doctors about medicines, and how information can be improved. Also, 'the pill' could be a thing of the past, as an app called Natural Cycles becomes approved for use as a contraceptive - using body temperature to see when a woman is most fertile. (Image: Contraceptive pills. Credit: Philippe Huguen / AFP / Getty Images)

The Bank in Your Pocket  

Smartphones are bringing banking to the unbanked - giving millions in emerging markets access to credit and banking for the first time. Presenter Manuela Saragosa speaks to World Bank treasurer Arunma Oteh, as well as the chief executive of fintech firm Cignifi, Jonathan Hakim, both of whom are trying to use digital footprints to make credit available to those living in low income countries. Also in the programme, Jeremy Wagstaff of Reuters explains why Singapore has been giving sharing economy firms such as Uber and Airbnb a somewhat less warm embrace lately. (Picture: A woman withdraws money at an Orange Money cashier booth in Abidjan, Ivory Coast; Credit: Issouf Sanogo/AFP/Getty Images)

Uber and Out  

Travis Kalanick, founder of the ride-hailing app firm, resigns as chief executive amid allegations of exploitation of staff and misogyny at the company. The BBC's Dave Lee in San Francisco explains why, after months of scandal, the man at the top has finally been dethroned. Also in the programme, the BBC's Theo Leggett reports live from the Paris Air Show on a future of flying cars and the return of the supersonic passenger jet. Guests include Douglas MacAndrew of AeroMobil, Jean-Brice Dumont of Airbus, and Blake Scholl of Boom Supersonic. (Picture: An Uber SUV waits for a client in Manhattan; Credit: Spencer Platt/Getty Images)

Weird Career Paths  

Zen investment banking, "reverse retirement", and doing 25 jobs before you're 25 - Ed Butler speaks to three people pursuing unusual paths through working life. Michael Dobbs-Higginson, diagnosed with a terminal illness, looks back on a remarkable life that took him from a farmer's son in rural Zimbabwe, to a Buddhist monk, to chairman of the investment bank Merrill Lynch Asia Pacific. Erik Schlimmer explains why he decided to postpone entering formal employment until his 40s, while 24-year-old Emma Rosen tells of her ambition to try out 25 different careers before she hits her quarter century. (Picture: Repeated image of a man in bowler hat and suit holding an alarm clock gazing at himself in the mirror; Credit: cyano66/Getty Images)

Talking Your Way Out of Europe  

After a disappointing election, UK Prime Minister Theresa May lost her majority, and she enters Brexit negotiations weaker not stronger, with reports of profound discord within her own parties ranks. What hope a smooth Brexit? We get the thoughts of Simon Horton, author of Negotiation Mastery: Tools for the 21st Century Negotiator. We also get an insight from Hugo Paemen, former EU Chief Negotiator during the creation of the World Trade Organisation, and erstwhile head representative of the EU to the United States. Barclays bank, and a number of its former executives, may learn this week whether they're going to face charges in the UK, in relation to a fundraising the bank undertook at the height of the financial crisis. Yes we are still talking about the financial crisis of 2008. If upheld, this complex legal case could have big implications. The author and banking expert Philip Augar tells us more about the case. And, our regular columnist Lucy Kellaway of the Financial Times is back with some key thoughts on gender politics and straight-talking. (Photo: The British and EU flags lowered, side-by-side. Credit: Gerard Julien/ Getty Images)

Qatar Gets Down To Business  

Almost two weeks into the economic blockade against the Gulf state, what are the pitfalls and opportunities that Qatari businesses and workers face? Businessman Khalifa al Haroon tells presenter Ed Butler why he and fellow entrepreneurs are finding new doors opening to them, as the Saudis and other neighbours slam the door shut on trade with their nation. We hear from some of those facing the worst fall-out from Qatar's isolation. One of the emirate's estimated two million migrant workers tells us of his fears. Meanwhile US analyst Phil Kornbluth explains why the global helium market has been particularly hard hit. And what of the alleged justification of the sanctions imposed by Qatar's neighbours? David Weinberg of the Washington DC-based Foundation for Defense of Democracies spells out why he thinks the country's leadership have got too cosy with Islamist extremists. Also in the programme, the BBC's Will Grant reports on the rise of Western-style luxury shopping in Cuba, just as President Trump prepares to cool US relations with the Communist island once more. (Image: A group of Qatari businessman walk in a shopping mall. Credit: Karim Jaafar/ AFP/ Getty Images)

America's Opioid Nightmare  

Could law-suits from the opioid epidemic prove a reckoning for Big Pharma? It's been some 20 years since the opioid epidemic first began to spread across the US - supposedly non-addictive painkillers meant to treat all kinds of basic conditions, from back-pain to toothache, that have since turned more than 2 million Americans into addicts. Today it's estimated some 50,000 people are dying in the US annually as a result of opioid overdose, a three-fold increase since the start of the century. We hear from one community, Huntington in West Virginia, which has the highest rate of addiction recorded anywhere in the US. The Mayor is one of many local leaders bringing lawsuits against US pharmaceutical companies and their distributors. We hear from the Nobel laureate who helped to bring the epidemic to public attention, Professor Angus Deaton of Princeton University. We also speak to an addiction specialist in Detroit Michigan, Dr. Dwight Timothy Gammons, and we hear from a legal expert, Professor Richard Ausness of the University of Kentucky who wonders whether the latest litigation could prove as damaging to Big Pharma companies, as the multi-billion dollar law-suits against Big Tobacco in the 1990s. (Picture: Dead woman lying on the floor under white cloth; Credit: andriano_cz/Thinkstock)

Record High US Consumer Debt  

Household debt is at record levels as US consumers spend, spend and spend some more. And with America's interest rates set to rise again, could there be trouble ahead? Former Federal Reserve governor Randy Kroszner tells presenter Manuela Saragosa that watching the debt problem get fixed will be like "watching paint dry" - but that it is a deliberately slow process, to avoid shocks to consumers. We hear from retirees in the US who are struggling with debt - and one expert who says that the current workforce may not be able to rely on their pensions when they retire. Also in the programme, Ryan Holmes, the chief executive and founder of social media managing software, Hootsuite, gives his take on whether a company can survive these days without a presence on social media. (Image: Credit cards in a wallet. Credit: Getty Images Staff)

The Gender Agenda  

Pink is for girls and blue is for boys. Or is it? Manuela Saragosa explores the impact a more gender fluid world is having on business. Jamie Gutfreund, head of marketing at Wunderman, tells us why Generation Z are moving away from a binary view of gender and how big brands are adapting accordingly. Mother of two boys Kristen Johnson, was dismayed when she couldn't find a male doll for her children to play with so she set up a company to fill the gap in the market. She tells us her story and why a simple child's toy proved so controversial. Also on the programme, Maddy Savage visits a gender neutral school in Sweden. (Picture: Baby boy and baby girl, Credit: Getty Images)

How to be Idle  

Is crushing office boredom a curse or an opportunity? Manuela Saragosa hears from David Bolchover, a writer who spent years at major insurance firms with almost nothing to do all day, and Tom Hodgkinson, founder of the Idler magazine, on why being idle is so important to the creative process. This programme was first broadcast on 14 Dec 2016. (Photo: A man relaxing at work, Credit: Thinkstock)

Livestreaming for a Living  

Are live broadcasts over the internet the new fast-track to fame? And why are they so big in China? Manuela Saragosa meets two of this new breed of internet celebrity: Emma McGann is a musician who performs her songs on the YouNow site. Meanwhile over on the Twitch platform, the popular video gamer known as Spamfish is in real life Tim Mines, an unemployed man who discovered that his favourite past-time could actually earn him a decent living. In China, livestreaming is already a $3 billion business, and still growing fast. We hear from Scott Zhang, founding partner of PurpleSky, which owns one of the country's biggest livestreaming apps, known as Inke. So could it catch on in the West? We ask Paul Verna, senior analyst at eMarketer. (Picture: Emma McGann; Credit: Emma McGann)

Latvia, Estonia and Skype  

The software behind Skype was developed in Estonia and has transformed the Baltic state's tech startup scene. Now its neighbours are trying to emulate that success. Marie Keyworth visits Lativa, where the government is trying to cultivate a startup culture in the capital Rega, as well as Estonia's capital Tallinn to see how they are trying to build on Skype's success. (Photo: Rega, Credit: Getty Images)

Tourism, Terror And Trump  

The choices that tourists make can have a huge impact on the world economy. Today, we unpick the psychology of the tourist and how terror attacks and political upheaval affect the choices they make. Ed Butler reports from Egypt, where it is estimated that tourism is down as much as 40% following sustained instability in the region. And on the other side of the globe, have the politics and rhetoric of President Donald Trump had a negative impact on tourism? Adam Sacks, President of Tourism Economics explains why the rising antipathy toward the US poses a very real threat for an industry worth over $250 Billion dollars. Plus, global guru and travel editor at the Independent newspaper, Simon Calder, gives us the latest on the growing diplomatic row with Qatar in the Gulf region and the impact it is having on flights out of the international flight hub Doha. (Picture: Doha aerial view, Credit: Getty Images)

Politics In The Digital Age  

On the eve of the UK election, we are taking a look at how political messages reach us in the digital age. Is the Internet improving or undermining our understanding of the big political questions that we face? James Williams is a former Google employee and current winner of the $100,000 Nine Dots prize, which seeks to address problems facing the modern world. He tells Ed Butler how the 'age of outrage and clickbait' is damaging our engagement in politics. So what is the key to enticing the general public when it comes to politics? Hugo Mercier is a researcher of cognitive science at Neuchâtel University, he explains why we are becoming more cynical and harder to convince than we once were. Plus, the truth behind 'going viral'. Author Derek Thompson has been studying the phenomenon in his book 'Hit Makers' and the answer may not be quite what you think. (Picture: Google eye, Credit: Getty Images)

Trump Squishes Paris Treaty  

What are the economic implications of the US President's withdrawal from the global climate change deal? And why do many big oil companies and some Republicans oppose his move? Presenter Ed Butler gets the views of former president of the Shell Oil Company John Hofmeister, the former head of George W Bush's Environmental Protection Agency Christine Todd Whitman, and the Greenpeace senior climate advisor Charlie Kronick. Also in the programme, the many business initiatives to improve child literacy in Africa. We hear about one of the more surprising ones - affordable sanitary towels - from Sophia Grinvalds, the co-founder of AFRIpads. Plus actress and model Lily Cole explains why she is backing the Project Literacy Lab plan. (Picture: Donald Trump announces his decision for the United States to pull out of the Paris climate agreement; Credit: Win McNamee/Getty Images)

Calling Time on the Boss  

When is the right time for a chief executive to choose to step down? From Arsenal FC to British Airways, many bosses are refusing to bow to the pressure. Ed Butler gets the views of corporate expert and author of "The Secrets of CEOs" Steve Tappin, as well as from Professor Chris Brady, director of the Centre for Sports Business at Salford Business School. Plus, with a week to go until the British general election, are UK-based scientists already suffering from the country's imminent departure from the European Union? Rob Young reports from Manchester. (Picture: Arsenal manager Arsene Wenger checks his watch; Credit: Laurence Griffiths/Getty Images)

Are Robo-Taxis the Future of Cars?  

Are automated electric vehicles about to transform our roads out of all recognition? And will it end private car ownership? Ed Butler takes a test drive in a Tesla - with the car doing a chunk of the driving - to find out just how far self-driving technology has already advanced. And he speaks to car tech think tanker James Arbib, who claims that soon all of us will be ditching our old petrol-powered cars altogether, and renting Uber-style electric pods instead. This could destroy many existing industries - the big car-makers, the oil giants, lorry drivers, and the traditional car salesman. We ask Jonathan Collegio of the US National Automobile Dealers' Association whether he is nervous. And what future problems could this new tech hold? Ed speaks to Doug Davis, head of automated driving at chipmaker Intel. (Picture: Google self-driving car; Credit: Noah Berger/AFP/Getty Images)

Moscow's Controversial Redevelopment Plan  

Plans to demolish hundreds of decrepit Soviet era apartment blocks in the Russian capital, and potentially replace them with much taller residential towers, have been met with angry protests. The BBC's Oleg Boldyrev reports on the mixed feelings of residents towards what is a gigantic redevelopment scheme, and how the protests reflect a general distrust in the city's government. Plus our Moscow correspondent Sarah Rainsford explains how the plan is proving to be a PR disaster for the city's mayor, and playing into the hands of the opposition. But is it a mistake for Moscow to dream so big - or at least so tall? American urban geographer Joel Kotkin tells presenter Ed Butler why he believes it is better to build on a more human scale. (Picture: A partially demolished five-storey apartment block in Moscow; Credit: Natalia Kolesnikova/AFP/Getty Images)

Worked to Death in Japan  

Edwin Lane reports from Japan, which has some of the longest working hours in the world, and a worrying trend of young people working themselves to death. He meets Michiyo Nishigaki, the mother of one victim of karoshi - the Japanese term used to describe death from overwork - and asks why the government isn't doing more to curb the overtime culture in many Japanese companies. Makoto Iwahashi from the campaign group Posse explains the pressures facing young workers. Local government official Hitoshi Ueno discusses how managers can encourage people to go home on time, and Koji Morioka, a karoshi researcher, tells us why the government isn't doing enough. (Photo: Michiyo Nishigaki, mother of a karoshi victim, Credit: BBC)

Sheep, Cows & Subsidies  

Are Welsh farmers regretting the UK's decision to leave the European Union? Fergus Nicoll reports on the Brexit fears lurking in the hills of north Wales. Plus the power of the pink dollar in a world increasingly polarised over gay rights. Presenter Ed Butler speaks to Mark Anderson, an executive at Virgin Atlantic promoting LGBT equality in their destination countries, and Robyn Exton, the entrepreneur behind the lesbian dating app Her. (Picture: Farmer feeds lambs and ewes in Brecon, Wales; Credit: Chris Jackson/Getty Images)

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