Business Daily podcast

Business Daily

The daily drama of money and work from the BBC.

The daily drama of money and work from the BBC.

 

#300

Chile's move to a 40 hour work week

We look at the implications as the Latin American country gradually reduces from 45 hours. In April 2023 politicians approved a law in congress saying that businesses need to move towards cutting their hours to help get a better work life balance for employees. This reduction is happening gradually, and the working week is getting shorter by at least one hour per year, over a maximum of five years. We speak to workers and businesses in Chile about the impact - good and bad - that this is having. Presenter: Jane Chambers Technical production: Matthew Dempsey (Image: A group of workers on lunchbreak in Santiago. Credit: Getty Images) ... Read more

19 hrs Ago

18 MINS

18:26

19 hrs Ago


#299

How Sweden led the way on parental leave

It's been 50 years since Sweden introduced state-funded parental leave, designed for couples to share. We hear how the pioneering policy has impacted families and businesses - and ask whether Sweden really deserves its reputation for gender equality. And we meet one of the first dads to take paid parental leave, back in the 1970s. Produced and presented by Maddy Savage (Image: A man holding a small child. Credit: Getty Images) ... Read more

Yesterday

18 MINS

18:27

Yesterday


#298

Business Daily meets: Ingrid Robeyns

Today, the richest 10 per cent of the world’s population own more than three quarters of its wealth, while the bottom half have 2%. To halt the growing wealth gap, one economic philosopher, Ingrid Robeyns, has come up with a striking proposal - to impose legally enforced limits on people’s personal wealth. No one individual, Professor Robeyns suggests, should be allowed to have more than 10 million dollars. It's a provocative idea. And would it work in practice? (Picture: Ingrid Robeyns. Credit: Keke Keukelaar/United Agents) Presented and produced by Ed Butler ... Read more

23 Feb 2024

18 MINS

18:21

23 Feb 2024


#297

Ukraine's economic rollercoaster

The Russian invasion sparked the worst recession in the country’s recent history. Yet 2023 saw growth which is projected to continue. So how are businesses actually faring? The economy is heavily reliant on foreign aid and there is uncertainty whether that will continue, notably from the US. We hear from businesses and workers who give us a mixed picture of Ukraine's economic health: Chef Zhenya Mykhailenko the CEO of FVSM which runs a group of Ramen restaurants in Kyiv and a military kitchen in the Zaporizhiya region; Kees Huizinga who farms in Uman, South of Kyiv and Erica, a secondary school teacher in the war torn southern city of Kherson. Plus economic analysis from Andrew Walker. Produced and presented by Clare Williamson (Image: Chef Zhenya. Credit: FVSM) ... Read more

22 Feb 2024

18 MINS

18:18

22 Feb 2024


#296

Peak profits

The Olympics in Tokyo, some jaw dropping films, and a hardwired desire to be in the great outdoors. These are just some of the reasons credited with boosting the popularity of climbing. Hundreds of indoor bouldering gyms have cropped up in the US since the 1990s, and the sport is spreading across the world. Although still concentrated in North America and Europe, more and more countries are joining the International Federation of Sport Climbing, and the millions of people taking part are attracting the attention of brands and financial backers. We hear from climbing business experts and the UK’s most successful competitive climber, Shauna Coxsey, to find out more. (Picture: Shauna Coxey. Credit: Getty Images) Presented and produced by Hannah Bewley ... Read more

21 Feb 2024

18 MINS

18:18

21 Feb 2024


#295

What happens when you run out of coins?

The Philippines is experiencing an artificial coin shortage. It’s artificial because there are plenty of coins - it’s just that people are using them less so they fall out of circulation and end up collecting in jars at home. Hannah Mullane investigates why this is happening and what impact it’s having on consumer behaviour. And reporter Camille Elemia speaks to businesses and shoppers in Quezon city to find out how Filipino’s are changing the way they spend. (Picture: A jeepney driver, counting some notes) Presented and produced by Hannah Mullane Additional reporting: Camille Elemia ... Read more

20 Feb 2024

18 MINS

18:23

20 Feb 2024


#294

Global trade’s new normal?

Three months ago, Houthi fighters from Yemen hijacked a cargo ship in the Red Sea and took the crew captive. It was the group’s first attack on commercial shipping in response to Israel’s military offensive in Gaza. Around 30 similar assaults have followed and the US and UK have retaliated with air strikes against Houthi targets in Yemen. The Houthi attacks have wreaked havoc with shipping in the Red Sea, forcing hundreds of ships to re-route and make the much longer journey around the bottom of Africa. Supply chains have been interrupted and insurance costs have risen for vessels still passing through the area. With no end to the tension in the region in sight, some companies are readjusting their timelines and accepting that the current situation might become the “new normal”. We ask whether the Houthi attacks have changed the way we move goods around the world for ever. (Picture: Ships crossing the Suez Canal towards the Red Sea. Credit: EPA-EFE/REX/Shutterstock) Presented and produced by Gideon Long ... Read more

19 Feb 2024

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18:20

19 Feb 2024


#293

Business Daily meets: Tony Fernandes

Tony Fernandes has worked in the music industry, owned a formula one team and co-owned a professional London football club, but these days he’s concentrating on his core business as the CEO of the parent company of AirAsia, a Malaysia-based budget airline he co-founded that has transformed travel in South East Asia. We speak to him about his varied career, the airline industry’s recovery from the Covid pandemic, and the recent safety issues at Boeing. (Picture: Tony Fernandes. Credit: EPA-EFE/REX/Shutterstock) Presented and produced by Gideon Long ... Read more

16 Feb 2024

18 MINS

18:05

16 Feb 2024


#292

The making of a billionaire athlete

Only four sportspeople have turned success on the field to success in business, making it to the 10 figure club. Tiger Woods, Michael Jordan, Lebron James and Magic Johnson, the last to join in October 2023, according to the wealth-tracking business magazine, Forbes. Matt Lines finds out the secrets behind the fortunes of these four athletes and who could be joining the list in future. (Picture: L-R: Tiger Woods. Credit: Reinhold Matay/USA Today Sports. Magic Johnson. Credit: Allison Dinner/EPA-EFE/REX/Shutterstock. Lebron James. Credit: Dale Zanine/USA Today Sports. Michael Jordan. Credit: Franck Fife/AFP/Getty Images) Presenter/producer: Matt Lines ... Read more

15 Feb 2024

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18:22

15 Feb 2024


#291

A scary business

Scaring people has become big business. There’s even a catch-all term for the trend: dark tourism, where thrill seekers visit the scenes or replicate the experiences of horrendous moments in history. Elizabeth Hotson goes to investigate. (Picture: Someone wearing a skeleton mask, pointing at the camera. Credit: Getty Images) Presented and produced by Elizabeth Hotson ... Read more

13 Feb 2024

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18:21

13 Feb 2024


#290

The content moderators taking Big Tech to court

We hear from former moderator Daniel Motaung, who has taken Meta and their outsourcing partner, Sama, to an employment tribunal in Nairobi. US lawyer Cori Crider, from tech justice NGO Foxglove - which supports Daniel and others who have taken legal action - believes that content moderation is one of the most important tech jobs, particularly when there is a conflict in the region. The recent war in Ethiopia and some of the posts made on Facebook were the catalyst for another lawsuit challenging Facebook’s algorithms. And social researcher and activist Leah Kimathi believes that there is not enough investment in moderating in various African languages. She also campaigns for the Big Tech and African governments to end, what she calls, the “Wild West” approach and get together to create specific legislation governing how social media companies operate on the continent. Produced and presented by Ivana Davidovic (Image: Daniel Motaung. Credit: Foxglove) ... Read more

12 Feb 2024

18 MINS

18:18

12 Feb 2024


#289

Business Daily meets: Jagan Chapagain

The secretary general of the world’s biggest humanitarian network – the International Federation of the Red Cross - rose from humble beginnings in Nepal. We hear how Jagan Chapagain became involved in humanitarian work, and how he deals with all of the current global crises, whilst remaining politically neutral. (Picture: Jagan Chapagain. Credit: Getty Images) Presenter: Ed Butler Producer: Olie D'Albertanson ... Read more

09 Feb 2024

18 MINS

18:09

09 Feb 2024


#288

The global quest to boost productivity

From tackling the long commute to sleeping on the job - we head to Lagos, New York, Tokyo, Bengaluru (formerly Bangalore) and Dublin to look at the diverse ways businesses are attempting to boost productivity and therefore also boost profits. We hear from businesses installing sleep pods in the office and others using technology to boost production on their farms and in their factories but are these techniques really working? Producer: Hannah Mullane Presenter: Leanne Byrne (Image: Buildings working on a roof space. Credit: Getty Images) ... Read more

08 Feb 2024

18 MINS

18:25

08 Feb 2024


#287

Is it worth being a B Corp?

It's an exclusive business club with over 8,000 companies, which put environmental and social values at the heart of their work. But the B Corp badge has come under some criticism for taking on some multinational companies - some smaller businesses say that has diluted its values. We hear from Anjli Raval, who reports on what goes on inside the world's biggest companies for the Financial Times. One of the biggest growth areas for B Corps is expected to be Africa. Tahira Nizari is the co-founder of new B Corp Kazi Yetu, selling traceable products like tea and spices from Tanzania. Max Landry at Peppy - a health tech company - who specialise in underserved areas of healthcare lets us know the hoops to join the B Corp club. Jonathan Trimble, the CEO and founder of creative agency And Rising, which helps new brands with their marketing plans tells us what he wants B Corp to change. Chris Turner, Executive Director at B - Lab UK, tells us how their standards will shift in the next year. Produced and presented by Rick Kelsey (Image credit: Kazi Yetu) ... Read more

07 Feb 2024

18 MINS

18:14

07 Feb 2024


#286

Denmark: Cashing in on Sweden's Eurovision

As Malmö receives the keys to this year's event, we look at how Copenhagen in Denmark could be the real economic winners - without having to pay for it. When the Swedish city last hosted the competition in 2013, officials estimated around a third of overnight stays were in the Danish capital. We speak to officials in both cities - just 30km apart and connected by the Øresund Bridge - to examine what fans can expect, and explore how other nations around the world get in on the action when a neighbouring country hosts a global event. Produced and presented by Daniel Rosney ... Read more

06 Feb 2024

18 MINS

18:27

06 Feb 2024


#285

Business Daily meets: Dizzee Rascal

From its emergence in London’s underground scene and pirate radios in the early 2000s, to becoming a major music genre, Grime has come a long way – contributing more than £2bn to the UK economy and creating opportunities to members of some of Britain’s most deprived communities. Dylan Kwabela Mills - professionally known as Dizzee Rascal - is someone who has been at the centre of this genre from its inception, and who many credit for Grime’s exposure to pop culture. Twenty years on, the electronic dance music, with rapid beats that critics described as the “soundtrack to knife crime”, is now critically acclaimed, and many of the pioneers who were teenagers at the time are now multi-millionaire business owners. (Picture: Dylan Kwabela Mills, known as Dizzee Rascal. Credit: Getty Images) Presented and produced by Peter Macjob ... Read more

05 Feb 2024

18 MINS

18:27

05 Feb 2024


#284

What's holding back Africa's fashion industry?

The continent's fashion industry holds all the cards to becoming one of the world’s fashion leaders. It has the natural resources, the workforce and a growing middle class who want to wear African brands. However, there are challenges including poor infrastructure, lack of investment and limited training opportunities in fashion - highlighted in a recent Unesco report. We hear from designers on the continent and overseas to get their opinion on what’s needed to help the industry grow and learn why Afrobeats is helping to put African fashion on the map. Produced and presented by Megan Lawton. (Image: Atmosphere at the Labrum London show during London Fashion Week February 2022. Credit: Getty Images) ... Read more

05 Feb 2024

18 MINS

18:23

05 Feb 2024


#283

Business Daily meets: Mahen Kumar Seeruttun

The island of Mauritius is well established as a luxury holiday destination with five star hotels, beautiful beaches and clear blue waters. But in the last couple of years it has also become Africa’s financial hub, attracting billions of dollars of investment by leveraging on decades of political and economic stability, a strategic location on the Indian Oean plus a multiple taxation system that incentivise investors. Critics say it’s a tax haven - an allegation the island is keen to put at bay. Can Mauritius sustain its status as a high income country and attract the skilled labour it seeks to expand the economy? Presenter/producer: Peter MacJob (Port Louis is Mauritius main settlement. Credit: Getty Images) ... Read more

02 Feb 2024

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18:21

02 Feb 2024


#282

How to shut down a nuclear power station

We’re going behind the scenes at two former nuclear power stations – one that’s recently closed, and another that’s been out of action for 25 years. Both are at Hinkley Point in Somerset, in the south of England. What happens when the generators stop? We look into the unique challenges of cleaning up radioactive sites safely. Produced and presented by Theo Leggett (Image: Steam escapes from Hinkley Point B in 2022. Credit: Getty Images) ... Read more

01 Feb 2024

18 MINS

18:24

01 Feb 2024


#281

Should dynamic pricing be regulated?

In the second part of the series, in the second part of the series, we look at supermarkets and restaurants. Dynamic pricing it could help cut down on food waste, but would it favour people who can choose when they shop? And we ask why restaurant-goers have yet to develop a taste for it. We also find out how artists like Bruce Springsteen and Taylor Swift have experimented with dynamic pricing to set the prices for their concerts. Finally, we ask if dynamic pricing needs to be regulated more strictly. Is it fair? Does it allow companies to get away with price-gouging? We speak to the head of a consumer rights group who says that more transparency is needed to protect shoppers. Produced and presented by Gideon Long (Image: A food market in the US. Credit: Getty Images) ... Read more

31 Jan 2024

18 MINS

18:30

31 Jan 2024