around the world, iconic cosmetic brands are losing ground to small and fast moving new players, starting up with a direct line to their customers on social media. so can these digital disruptors really challenge the global giants like estee lauder and l oreal? i m going to be asking two women giving it a go. there they are. megha ashar, who s start up in india, just got millions of dollars of investment. and trinny woodall, the big boss of trinny london, who s gone from telling women what not to wear on her television show to selling cosmetics directly to them online. plus, why a lack of truck drivers around the world could be another big hit to our global supply chain. the big boss of the global truck maker scania joins me to talk truckers and whether an all electric future is possible. wherever you rejoining me from around the world. once again, a big hello and a warm welcome to the show. you know, just over six years ago, the singing superstar rihanna, she launched a cosm
wherever you rejoining me from around the world. once again, a big hello and a warm welcome to the show. you know, just over six years ago, the singing superstar rihanna, she launched a cosmetic brand called fenty. she had the backing of the global luxury goods giant lvmh. today, fenty has made rihanna a billionaire, but she s not alone. kyliejenner, one of the most followed people in the world on social media, launched a makeup line and became hugely successful all by the age of 21. the cosmetics industry, it s one of the most disrupted out there, as well as coping with covid. it s had to deal with an onslaught of these start ups, which use the founder who can talk directly to customers on social media to drive growth and create a seemingly personal relationship with them. that s according to one of the authors of one of the most widely read reports in the cosmetic and beauty world. they re not necessarily celebrity driven, many of them are, but often there s a very strong f
is a coume our reliance on what you do. there is a coume of our reliance on what you do. there is a couple of things our reliance on what you do. there is a couple of things they re - is a couple of things they re worried about. china s economy is not performing very well right now and the government would like to reassure businesses particularly foreign businesses that now is a great time to invest and should be expanding your operations in china. business confidence particularly foreign business confidence in china, has been dented of the last four years because they have been a number of crackdowns on the acts of private businesses so this is a message that businesses need to hear. that is the short term concern for the government. but there is this broader issue of the way the global economy right now does seem to be factoring into blocks centred on the us, the western powers and centred on china and china s leadership wants to portray china as the bit that is open
in the house of commons, where we re expecting an urgent question to the home office on the implications of the national crime agency s investigation into mrjavad marandi. this comes after the bbc reported that javad marandi, a businessman whose foreign companies were part of a global money laundering investigation, is a major donor to the conservative party. the question has been tabled by snp mp alison thewliss. asking if the home secretary will respond or make a statement. we will head back the is should get any further developments. the british telecoms giant, vodafone, is to cut 11,000 jobs over the next three years as part of an overhaul to cut costs. the firm s new boss, margherita della valle, said its performance had not been good enough. posts will go at the company s headquarters in the uk and in other countries. our business reporter theo leggett has more. talk to us about what we know about the job losses, talk to us about what we know about thejob losses, 11,000
the us federal reserve ona charge! uk sales of electric cars overtook diesels last year for the first time. but it s still a long road to recovery for the auto industry. a wave of strike action, a growing cost of living crisis and huge pressure on health services just some of the problems mounting up for the uk this winter. so on wednesday prime minister rishi sunak used his first major speech of the year to promise to fix the uk economy. alongside pledges to tackle long waiting lists for medical treatment and stop illegal immigration mr sunak said he d slash the rate of inflation, restore growth and cut government debt. first, government debt. we will halve inflation this first, we will halve inflation this year to ease the cost of living and give people financial security. second, we will grow the economy, creating better paid jobs an opportunity right across the country. third, we will make sure our national debt is falling, so that we can secure the future of public ser