We start with black friday. The annual shopping binge after the thanksgiving holiday is now a global phenomenon, with retailers around the world offering discounts on everything from Kitchen Appliances to tvs to clothing. But its also becoming the focus of concerns about the environmental cost of consumerism. Spending in the us, the home of black friday, is forecast to hit more than 29 billion over the next four days. Theres an added incentive this year us retailers want to do as much business as possible ahead of a new 15 import tax due to hit chinese made goods later this month. It would affect 160 billion worth of goods, including popular gifts like smartphones, toys and clothes. Dont expect the frantic scenes in the shops of black fridays past though its increasingly being done online. Thats where more than three quarters of us are looking for bargains here in the uk, according to pwc, and the trend is the same around europe and the us. But are more of us growing uncomfortable with
To sell their home again, and you have no idea what it costs. The metropolitan police is to pay the former mp Harvey Proctor £900,000 in compensation and legal costs he was wrongly accused of being part of a westminster paedophile ring. A manuscript written by elizabeth i is discovered a translation of a book praising the monarchy, complete with her distinctive messy handwriting. Unai emery is sacked as arsenal manager after 18 months in charge. Good morning. Welcome to bbc newsroom live. The energy firm npower is set to cut up to 4,500 jobs in the uk as it plans to restructure to make itself more profitable. Unions have called the move a cruel blow for workers. The company, which is german owned, described the uk market as particularly challenging. Npower has a uk workforce of around 5,700 staff. They announced plans injanuary to cut 900 jobs. Npowers owners, e. 0n said that profit for the first nine months of its Financial Year fell 27 to two billion pounds. Lets get more from our B
Year and the long nights it means we pick up the frost again but increasing amounts of fog. It might not be as sunny but it is dry. The satellite picture is largely sunny with bubbles of cloud providing us with bubbles of cloud providing us with some showers down the east coast. Still the legacy of yesterday and its cloud across the far south west but again, clutching at straws, for most of us its cold but dry and bright and sunny. Soon after dark, temperatures plummeting below freezing. We had a fairly widespread frost last night and an even wider one tonight. There will be an ice risk. The far south west keaton of cloud and breeze to escape the frost but temperatures will be a degree or two down. Frosty and by morning potentially more fog. Already warnings are out for that, the fog patches can become quite dense by the time we get to the morning and that will be clearly hazard rate users. Critically for england and wales, even in southern areas. It shows you how widespread it is. Som
Will take them to the euros. Holidays are coming, and that means so are the christmas ads. Nearly £7 billion will be spent on them this year, so as thejohn lewis film is revealed, ill have a look whether the focus is on tv or online. Westlife are back with a new album, with a helping hand from ed sheeran. They will be here after 8 00am to tell us how it happened. It isa it is a cold start to the day, for some of us a frosty one, but also some of us a frosty one, but also some heavy rain extending through wales to central and south eastern england. That will move northwards today towards Northern England. U nfortu nately today towards Northern England. Unfortunately it is also going to rein in areas where we already have some flooding. I will have more details in 15 minutes. It is thursday 1a november. Our top story the army is preparing fresh defences for flood stricken parts of South Yorkshire as more heavy rain is forecast across the uk. The village of fishlake near doncaster has be
Uncertainty with progress with autos and services leading the declines finlands 10year bond yield jumps into positive territory. Risen the most since President Trumps election good morning and welcome to the show shares in richemont are deep in the read double digit revenue declines. The key market in hong kong overshadowed by the u. S. This is in contrast with other results. Talking about the likes of lvmh. Hermes is still slightly positive swatch down about 1 Christian Dior down about a quarter. So not immune, but you can see they are standing out today. I want to bring in our guest to discuss this in a little more detail last week, we were talking about the resilience of these luxury groups particularly lvmh and hermes not the case for richemont why is that . They have an average of 5 in hong kong while richemont has 10 . The departments that perform most are leather goods, jewelry and in part jewelry and watches. We see jewelry that is more resilient. Lets talk about hong kong expo