and the markets in europe are all higher on the day following a bumper session in asia. and working part—time but shining all the time. we'll speak one woman whose built a successfuljewellery business that counts the duchess of cambridge amongst its customers, despite only working part—time. as we've been hearing, smartphone sales are in decline. today we want to know have we reached peak smartphone. why and when do you upgrade? let us know — just use #bbcbizlive. hello and welcome to business live. many of you have been in touch already about smartphones, keep your comments coming in, we will share them later in the programme. it's shaping up to be another big week for brexit. in a few hours‘ time, the leader of the labour opposition, jeremy corbyn, is set to increase the pressure on prime minister theresa may when he calls for the uk to have full tariff—free access to european union markets after brexit. in a speech, mr corbyn will call for the uk to stay in a customs union after brexit, which is scheduled for the end of march next year. some sort of trade agreement is important for both sides. in 2016, the uk's trade relationship with the rest of the eu was worth about $730 billion. any customs union would also be particularly important to the northern ireland border. according to the ft, an eu document due out on wednesday will call for the province to remain under eu regulation as a last resort. so where now? overdue, ben. chris masonjoins us from so where now? overdue, ben. chris mason joins us from a pretty snowy westminster. explain this intervention, it is significant, and it could change things where you are this morning. it really good, the conversation about brexit swells a bit like the snow at westminster, except that it is actually constant, and the challenges, both for people watching and absorbing it in the uk, and around the world, is that often there is a lot to talk about when it comes to brexit, but you do wonder if people are actually saying anything. today is different, because labour, the opposition party in the uk, are diverging from what the government is advocating. they are suggesting the uk should remain ina are suggesting the uk should remain in a customs union with the european union. not the one that the uk is currently in as a member of the eu, but one pretty similar. so they're adamant as that would allow the free movement of goods around the members of that union. —— so their argument. but those who argue that brexit is a good thing say one of the principle advantages of leaving a customs union is that you can strike free trade deals around the world, and if you are in a customs union, that is not going to be possible. they're adamant is that it is sensible because these are the major customers of the uk. —— their argument. it may also be crucial in maintaining a soft border between northern ireland and the republic. is this back to the argument of the critics in saying that you cannot just cherry pick what you want? critics in saying that you cannot just cherry pick what you wannm lands us slap bang in that adamant, the cake philosophy, as brussels insiders have described it, to tease the uk about this. —— in that argument. if you want to be part of some of our argument. if you want to be part of some of oui’ arrangements, argument. if you want to be part of some of our arrangements, whether that be the single market for the customs union, you can sign up to them, but we would rather you have not left in the first place. but they argue that you cannot cherry—pick, you cannot they argue that you cannot cherry—pick, you cannot pick they argue that you cannot cherry—pick, you cannot pick what you like and reject other things. if you like and reject other things. if you want to sign up to this, you ta ke you want to sign up to this, you take them as they are or not at all. we saw that criticism levelled at the government by the eu last week after theresa may got a cabinet together, the same criticism could be levelled at labour, but this matters because there is now a distinct difference between the two principle parties in british politics on their philosophies on brexit. so it is hoped that reception may be warmer than where you are, stay warm, state dry, looks a bit wild out there! let's take a look at some of the other stories making the news. the new york film studio co—founded by the disgraced producer harvey weinstein look set to file for bankruptcy. according to us media reports, it comes after the collapse of talks to sell its assets to an investor group. several newspapers have a statement saying the directors believe it is the "only viable option to maximise the company's remaining value." latvia's financial authorities are due to hold an emergency meeting later today as the country's third—biggest bank teeters on the edge of collapse. ablv bank is being wound up after it was accused by the us of large scale money laundering, bribing officials and breaching sanctions against north korea. the car—maker fiat chrysler is planning to scrap diesel from all its passenger vehicles by 2022. that's according to the financial times, which says the company is grappling with a collapse in demand and rising costs from their vehicles and will unveil its plans injune. what would persuade you to upgrade your smartphone and pay the pretty hefty price tag they often come with? it is a big question for the industry's massive gathering in barcelona. research shows that sales of handsets fell by over 5% in the last three months of last year, and that is marking the first decline on record. samsung is still the world's number one with over 20% of global sales. its archrival compares with 1496 sales. its archrival compares with 14% of market share, apple, of course, and several chinese companies are looking up added too. let's speak to rory cellan—jones, who is at the mobile world congress in barcelona. they are all there, trying to tell you and us they have got the latest thing that we must have, but what is it? well, it is a whole variety of things, ben. the problem is that all smartphones look almost identical at the moment, and every new model, you say, is that really different? yes, it has an amazing new twist! but consumers are getting savvy and saying, do i really need to upgrade as quickly? this event is about more than the handsets, it is about the new things you can do with them, about in—car phones, there will be one company demonstrating that you can basically steer an autonomous car on just a phone alone — seems pretty scary! there is a lot about the future of networks, a whole display about 5g, which is the next phase coming from a korean company here. so the whole mobile infrastructure, a very important week for them, to convince us we important week for them, to convince us we really need to upgrade. and we have asked viewers for their thoughts on upgrading, and of them are saying they are at pains to upgrade now with the price of the new phones so expensive. yeah, and thatis new phones so expensive. yeah, and that is why there is so much effort on these big phone launchers. we had the biggest launch of last night, the biggest launch of last night, the samsung galaxy s9, and all sorts of tricks, i will try a trickier funds. i have actually got the phone on my phone, a bit of augmented reality, that is what they did at the demo, the unveiling last night. quite difficult to tell what it will do, it does very slow motion, and one funny feature, you can build your own emoji, your own life like animated cartoon of yourself. i build one of me, my wife tells me it looks much younger, but i am thinking used—car salesman! i am not sure that will really sell a new phone, but samsung are confident that people will still upgrade, they want the latest thing, even if it is expensive. all right, rory, thank you very much, rory is on twitter, of course. we will probably end up talking to his avatar emoji before we speak to him! just to say, 5 billion emojis was sent last year alone by smartphones. do you use emojis? i love them! you sometimes send me a smiley face? by you sometimes send me a smiley face? by night i love them, i think they are great! maura fogarty is in our asia business hub. yes, what the chairman of geely once, he gets, we saw there —— their shares up, and he spent about $9 billion to buy that nearly 10% stake that you mentioned. what does he want? he wants access to daimler‘s technology in electric cars and autonomous driving vehicles, because thatis autonomous driving vehicles, because that is where he sees big disruption happening in the market for cars. what is interesting about this is how the stake was acquired. last day, geely approached daimler and said, listen, we would like to be a shareholder, can you issue some new shares? they were round the reebok by the germans, but today the chairman used an investment vehicle he owns to buy open shares in the market. —— roundly rebuffed. this conflict takes things for daimler in china because they already have a link with a chinese company called baic, so a messy start to the relationship, but he will be meeting with daimler executives to try to smooth it over later this afternoon. a story to watch, for sure. let's look at the markets across the board, australia and hong kong, japan closing up, just shy of 1.3% higher, and that was friday on wall street. we had a two—week global rally, will it extends to a third? it looks like it will in europe, all higher, a lot of attention on the federal reserve again this week, the new man at the top is going to speak publicly twice this week. let's look at head to the day on wall street, yogita limaye has the details. more than ever, stock markets in the united states are watching the federal reserve, each signal from the central bank about how it sees monetary policy developing seems to be setting the course of the markets, at least until the next signal. so friday could be a busy day. first of all, the fed issues a semiannual report on monetary policy to congress. does it think inflation is heading higher? how many rate rises does it expect this year? if the report contains a definitive a nswer to the report contains a definitive answer to those questions, it would be something of a first, but it won't stop investors from poring over it for every last clue they can find. then, at a conference in new york, senior policy makers from the fed, including the new york president, william dudley, will speak about how the fed is forming its response to the challenges of inflation and new government spending. joining us is james hughes, a market analyst at axitrader. morning! interesting week in the sense that all the action will happen towards the end of the week, but investors really trying to work out what happened at the end of last week first. last week we saw some really big moves, and it was all about the fed speakers, all these members of the federal reserve, some of them talking up rate hikes, some of them talking up rate hikes, some of them talking down, in the we have no idea where it is going kind of way! so the markets looked particularly volatile at the end of last week, so a case of when we have quite a quiet start in terms of macroeconomic data, we will try to focus on why they moved like they did last week, and it was quite an aggressive end to the week last week. so in terms of the week ahead, talking about the fact that it is economic heavy in the us, thejobs report on friday — that report last time caused markets to be really spooked, didn't it? forsure, and it is not necessarily the overall number ofjobs, is not necessarily the overall number of jobs, it is is not necessarily the overall number ofjobs, it is the wages, very much like what we saw for the uk last week. that wage data is very stagnant, and the federal reserve wa nt want to see that get higher. expectations are that it will go higher, which is why there is a lot of talk that we could see maybe four rate hikes in the us this year, but withjerome powell are speaking twice this week, it will be his first real engagement as the chair of the fed, it will be important to see his stance on how many rate hikes we are going to see and whether he is hawkish, whether he wa nts whether he is hawkish, whether he wants them higher or lower. that is one to watch. james is coming back. he isa one to watch. james is coming back. he is a serials smartphone upgrade. key it's coming in. —— comments. —— comments. still to come... could encouraging more people to work part—time be good news for us and the economy? a new study says more of us than ever are working fewer hours to get a better work—life balance. you're with business live from bbc news. a deadline is drawing closer that could decide the future of toys r us in the uk. the uk part of the firm could fall in to administration as soon as tomorrow if a deal isn't done today, putting more than 3,000 jobs at risk. let's speak to maureen hinton, global research director at global data. what do you think will happen this week? it does not look very good. it looks like it will not be able to pay its back bill and it has had to trade since christmas. it looks like the company will fold. it is a real shame for all the employees. one we talk about toys "r" us, there is a tendency to look back nostalgically and remember those big out—of—town stores that many families might have gone to before christmas or a big birthday, but they did not keep up with the times, did they? the competition has moved on. we use online much more, we shop orfrom supermarkets, argos as well. it has not kept up with it. also there is another competitor, smith's toys, also on retail parks, and it seems families preferred to go there. it is a case of lack of investment and keeping up with the competition. you do not mention amazon, which before christmas really slashed its prices significantly, taking a hit on its own margins to stamp out competition. amazon is always the elephant in the room in retail because it is taking lunch from everybody because it is so good at delivering. it has got good fulfilment, especially on toys and gifts before christmas. it is so convenient. it is affecting all retailers and they all have to up their game and retailers and they all have to up theirgame and a retailers and they all have to up their game and a lot of them are, a lot of them are keeping ahead, but online takes a lot of investment because there is so much on the fulfilment side and we have got such expectations as consumers. it is a very tough world for retail. toys "r" us is a story to keep an eye out for tomorrow and the days ahead. and there is a story about why taiwan may have run out of toilet roll! you're watching business live, our top story... britain should stay in a customs union after brexit. that is expected to be the message from the leader of the labour partyjeremy corbyn. he is due to say later today in a move that will increase pressure on theresa may that staying in the customs union is best for business. but that raises all sorts of questions for how the government intends to negotiate. a quick look at how markets are faring. but as you heard from james, markets are keeping an eye on the end of the week. more and more of us are working part time, according the latest figures, and for employers that means they can improve diversity and offer jobs to people who would otherwise not be able to work. the uk recruitment agency timewise has published research today showing one in four full—time workers would prefer to work part—time for a cut in their salary, as long as it didn't affect their career progression. but that's the problem. many workers worry it will affect their future career. in fact, 77% of existing part—time workers reported that they feel "trapped" in their current roles. but nearly a million part—time workers are now defined as "high income", meaning they earn a minimum of £40,000 — that's about $56,000. and in order to champion part—time working, timewise has created a series of awards. one of them is beatrice de montille, winners who is the founder of the bespoke jewellers merci maman. i have to declare i am a judge on the panel for this, so i know your company well. tell us why you started this company working on a part—time basis. started this company working on a part-time basis. i started working on my own self employed at the beginning because i wanted to work part—time in my company at the time when i came back from maternity leave did not accept part—time jobs, so leave did not accept part—time jobs, so it was quite easy to make the decision to stop working. i was influenced by a friend of mine who started a home business before me. i thought i could do the same and it gave me the confidence and i was looking for a good idea and that is how i started. many looking for a good idea and that is howl started. many people looking for a good idea and that is how i started. many people would imagine that starting a business is not the way to work part—time. a new business will require all your attention. how did you do it?|j business will require all your attention. how did you do it? i had tojuggle between my attention. how did you do it? i had to juggle between my family life and my working life, but when you are a mother there is a time when your babyis mother there is a time when your baby is sleeping and i was working during that time. after they went to nursery i had to rush to the post office to post my items before picking them up at nursery. i always had to be flexible, but i managed andi had to be flexible, but i managed and i started on my own, but now i have a team of 30 people ten years later. it is a good success that can maybe get ideas to others. i would love to be an inspiration to other women. we are looking at your team in operation. you come up with personalised gifts. a lot of it is jewellery. we focus on jewellery now. at the beginning we were doing other products, but now we are focusing on jewellery. other products, but now we are focusing onjewellery. we engraved by hand in our workshop in london and we have opened a studio in paris two years ago and the new one this month in march in berlin. as far as the part—time work, we touched on how important it is for employers and employees, but this is notjust about mothers. this applies to anyone who wants to reduce their hours. exactly, that is why i wanted to focus on that. it is great if you wa nt to to focus on that. it is great if you want to balance your family and working life, but in my company one third of the employees work part—time and some of them are artists, so it is a great source of revenue for them. they can lead their own artistic life alongside. it isa their own artistic life alongside. it is a great example. it is not only for mothers, it is great as well for other people who have passions and they need time to give up passions and they need time to give up their skills. and you have got four children and you are moving back to france with your husband. you have lured him away from investment banking and he is working in your business, is that right? he joined big four years ago. he was jealous of my flexibility and he wa nted jealous of my flexibility and he wanted to spend more time with our kids. he is picking them up from school today because i am away. it isa win— school today because i am away. it is a win— win situation for all of us. is a win— win situation for all of us. we will not get into how it is working with your husband, that is a whole other conversation. so nice to see you. good luck with everything. in the moment we will look through the stories in the papers and we will get your take on the smartphone upgrading debate. what would convince you to upgrade. a lot of you are messaging as. here is how to get in touch. stay up—to—date with all the business news on the bbc‘s business live page. there is an analysis from our editors around the globe. get involved on the bbc‘s business live web page. we want to hear from you. we are business live web page. we want to hearfrom you. we are on business live web page. we want to hear from you. we are on twitter and facebook. james is back as promised. you are serial upgraded. have you got a problem? yes, this is one of them. i get that bug that i want it. is your wife watching now? i don't want it and then i wanted and i fog out loads of money and three minutes after getting it it is the same as the other one. a lot of people are getting in touch saying, you have to convince me it is sufficiently different to pay up to £1000. prices are ridiculous, it does notjustify the small improvements made. nick says the £200 phone does the same as an £800 phone, so there is no need to upgrade. but it is not about need,is to upgrade. but it is not about need, is it? with a lot of these smartphone companies it is very rare that upgrade the handset in a significant way and usually it is the operating system and we can download that for free anyway about two months after the release of the phone. it is the software that we can get for free. i replace my phone when i lose it or when it stops working, that is mike harvey. so many it's coming in. thank you for your company today, we will be back at the same time, same place tomorrow. we are looking at some of the cold est we are looking at some of the coldest weather of this winter moving in this week. it will feel bitterly cold and for some of us there is heavy snow on the way as well. the chains of thanks to an area of high pressure over scandinavia, dragging in cold air from siberia and it is beginning to arrive across england today. there will be snow flurries moving in across eastern areas. amounts will be small generally. although it will be small generally. although it will be cloudy, there will be some breaks in the cloud. temperatures struggling to get much above freezing and gusty, easterly wind and it will feel freezing cold. tonight we are looking at a widespread frost. this area of low pressure is working in across the north sea. it will bring some significant falls of snow towards the end of the night and into tuesday. it is double trouble with the met office issuing two weather warnings. this one covers yorkshire, lincolnshire and the east midlands. another one perfect london and the south—east where a line of showers will bring low accumulations of maybe 15 centimetres. these areas will pick up transport disruption and that is going to be significant across certain parts of yorkshire, lincolnshire and the east midlands. i would expect there to be big problems here on tuesday. cold air spread more widely across the country and on wednesday we have got another weather system working in with another met office amber weather warning in north—east scotla nd weather warning in north—east scotland and the north east of england. snow showers will become increasingly persistent. disruptive weather on the way. further snow showers continue to push in elsewhere across eastern england and there will be some in northern ireland as we go on into the day. freezing cold and for many temperatures are staying at or below freezing. we still have that biting wind as well. towards the end of the week low—pressure attacks as from the south and this could bring blizzards and risk transport disruption. hello, it's monday, it's nine o'clock, i'm victoria derbyshire, welcome to the programme. this morning, in a tv first, we're broadcasting live from a primary school for children who've been excluded from or can't be taught in mainstream education. it's called a pupil referral unit. no, no! well, i did really bad stuff like pushing on people and punching some people and sometimes kicked them. i don't...! that's kayden. this morning, we'll see how children like him are given the help to turn their behaviour and their lives around. and we'll meet some of their parents. it's hard to accept that your child is not actually that lovable.

Related Keywords

Japan , New York , United States , Lincolnshire , United Kingdom , London , City Of , Ireland , Northern Ireland , Craigavon , France , North Korea , Australia , Argos , Pays De La Loire , Latvia , Hong Kong , China , Barcelona , Comunidad Autonoma De Cataluna , Spain , Berlin , Germany , Midlands , Leicestershire , Chinese , British , Germans , Britain , Theresa May , Mike Harvey , Maureen Hinton , Jeremy Corbyn , James Hughes , Ben Thompson , William Dudley ,