Report. Feast or famine . Its budget day in the uk, with the chancellor poised to deliver an upbeat speech. But how much money has he got to hand out and who will get it . And what does the boss of Renault Nissan think about brexit now . He gets a grilling from simonjack at the Geneva Motor Show. Welcome to World Business report. Im sally bundock. Also in the programme, a Chinese Telecoms Company gets slammed with the biggest fine ever by the us for braking Sanctions Against Iran and north korea. Rico has more on that. But first the chancellor of the exchequer, or uk finance minister, will deliver the countrys final budget before the government triggers article 50 and britain begins its negotiations to leave the european union. Despite the ongoing uncertainty over brexit, Philip Hammond received an Eve Of Budget Boost from the organisation for economic co operation and development. It now expects growth in the uk of 1. 6 this year, up from its previous estimate of 1. 2 . In theory this means more tax revenue for the treasury and more money flowing in to the governments coffers. Despite this, economists are not expecting a Spending Spree from mr hammond. Instead, hes expected to put the additional funds to one side in a brexit war chest as britain prepares for its Divorce Settlement with brussels. Nevertheless, one area which may receive some immediate attention are the so called Business Rates paid on commercial property. Despite the governments reassurances that britain remains open for business, some companies will see more than a 40 rise in their property rates. To help cushion the blow, the treasury has already announced that Corporation Tax will fall to i7 by the end of the decade. With me is victoria waldersee, Commissioning Editor for economy. What are you expecting from the budget . I think from everything we think so far we are seeing two main messages. One is to be this idea that this is a time for so called Fiscal Discipline and that we are entering an era of what Philip Hammond calls economic turbulence. The main reason for that he says his brexit. The other hand we have this from the oecd and Philip Hammond to say growth is higher and things are better than we thought they were. They think it is recognising that these figures of growth predictions, these figures of growth predictions, the last ones we had were that things werent going well. Worth recognising. Before that they said things were going to be great. They have all been calculated with models that im very good at picking unexpected events. It is fair to say that it unexpected events. It is fair to say thatitis unexpected events. It is fair to say that it is hard to know how it will go over the next two years. We dont know how we will fare as a consequence of the brexit negotiations. In the meantime, presumably he has to hedge his bets and be quite careful about spending . Absolutely. It makes sense and i think it will give people a sense of security to know that the government will set money aside for these negotiations. At the same time i think people can expect more clarity. He has been talking about gas in the tank, the economy is however more copper katyjust an engine fuelled by money. Also it is an economy that has been grappling with austerity for some years and many departments have been happy to digestive enormous cuts. Welfare state, policing, defence, the list is long. Will we expect any handouts to help with those areas . What weve seen so far in terms of specific policies that it looks like hes likely to rollout is National Insurance for the Self Employed and classic taxes on alcohol and cigarettes. What weve been hearing about is social care as well and of course the big issue is Business Rates. It may be a contribution to some, taking funds away from these businesses but then setting up a fund to then give that money back in the Transition Area says. There definitely seems to be a sense of where is all of this money going . Thats why we need more clarity on what the £60 billion is for and how it will give people the security they need during the brexit negotiations. Not long to wait until we find out whats in that speech. Thank you for coming in and for your analysis. Just to say of course we will be right across that Budget Announcement on the bbc, with all of our experts and resources on television, radio and online. So you can keep right across it as it happens. Moving on now. The Usjustice Department has levied its largest ever criminal fine in an Export Control and sanctions case against Chinese Company zte. The company has pleaded guilty to violating the Trade Embargos against iran and north korea. Rico hizon has been following the story from our singapore bureau. Whats been going on . And interesting investigation. Nowjust as will indeed be served. The Chinese Telecommunications giant which will pay a hefty fine of more than 1 billion us is accused of buying us components, putting them into zte equipments and then illegally shipping them to those two countries, north korea and iran. The equipment included routers, Micro Services and controllers, put on the encryption or antiterrorism reasons. They also made 283 shipments of Mobile Phones to north korea, despite knowing this contravened rules around exports to the country. According to sources, zte bought around one third of its components from us businesses like microsoft and intel and also sold phone sets the major carriers like at t. At it seems like zte is apologetic and knows it has made mistakes and is working towards improving its procedures. 0k, working towards improving its procedures. Ok, thanks a lot and good to see you. As we reported yesterday the Geneva Motor Show is just taking off. One of the most influential leaders in the global Auto Industry is carlos ghosn. He asked him what he saw as the Biggest Challenges facing those companies. The main challenge is what happening at the level of the product. On top of this, there may be incentives for countries to maybe go from a free trade to add the dimension of what they consider as being fair trade. But most of the Trade Agreements are very old and the reality today is very old and the reality today is very different from what it was. So im not so worried about it. This is not what keeps me awake at night. I am much more focused and attentive to what is taking place at the level of the products. You spoke about some of the disruptive changes. One of those potentially is the uk leaving the eu, which it will. Back in october you said you would increase investment in sunderland. What in january you said increase investment in sunderland. What injanuary you said you would review the deal before then. We just wa nt to review the deal before then. We just want to understand where you stand. How solid is that guarantee that you will increase investment in sunderland . You dont know, i dont know, you dont know what the brexit rules are because they havent been negotiated in britain when it will happen. In the meantime, our best policy is to believe the commitment made by the uk government to say, im going to preserve the competitiveness of my industry through brexit. There is no reason to doubt that. Weve been in the uk for so many years, we have a tradition to honour the commitment. So we believe it and we feel good about it. A final question. You are ina about it. A final question. You are in a Joint Venture with. With general motors, in luton. Now that it has been taken over whats the future of the Joint Venture . It has been taken over whats the future of the jointventure . There are contracts, we will honour the contracts. So you will go to the contracts, everything in the contracts, everything in the contracts will be honoured. There you go im assuming that simon is hotfooting it from geneva to be here budget day. He is key to our output today, as is our economics editor kemal. All available on our website as budget day unfolds. This is currently the scene in asia. A mixed picture. The same issues on the minds of investors. Really unsure about geopolitics at the moment. This is how things ended on wall street the night before and a bit of nervousness about whether this global rally, seen in the us, has actually run out of steam and of course next week most believe the Us Federal Reserve will increase Interest Rates in the worlds biggest economies. Thats what happening with markets. See you soon. How do you encourage more people to catch public transport . A singaporean bus operator believes it has the answer, smelly buses about 100 public offers will be rolled out this month. What do commuters think of it . Do you notice anything different about this bus . No. Sniffs. 0k. Very subtle scent, maybe. Sniffs. Yes, it does smell a little different. It smells of air freshener. I really like it. If we are getting people to move from private cars to more of a public bus usage, we really need to incentivise them to do that. Living in the garden city, and very much a tropical climate, we want something that would have a green note to it as Well Something thats refreshing and cooling. Some of the key components of the fragments are peppermint, eucalyptus and rose. Components of the fragments are peppermint, eucalyptus and rosem smells like flowers. If a bus is not like this, yes, i get onto it. If a bus not like this i would probably catch it. I dont like the smell of it at all. Lenin and rose flour. Yes. Do you like it . I dont think. Lemon and rose flower. It is budget day today, as sally has been telling us. Philip hammond will deliver his First Uk Budget and there will be plenty more on what lies ahead on wrecked test at six a. M. lies ahead on wrecked test at six a. M. Raptors at 6am. The top stories wikileaks has published thousands of files which reveal what it says are secret Hacking Tools used by the cia. The documents which the bbc cant verify we re documents which the bbc cant verify were pieces of malware used to hack into phones, computers and even smart tvs, all together intelligence. Bulletins have attacked the hospital in afg hans bulletins have attacked the hospital in afghans capital, kabul. Reports say armed men are inside the compound close to the american embassy. One official has confirmed a Security Incident is taking place. Now it is time for our news review. The guardian leads with the latest revelations from wikileaks who has published thousands of confidential documents revealing what it alleges are top secret Hacking Tools used by the cia. The documents give details of software used to target smart phones, computers and smart tvs. The cia has refused to comment. The gulf news carries news from south east asia, where malaysia and north korea are locked in a diplomatic stand off, having banned each others citizens from leaving their countries in a row over the assassination of kim jong nam. A United Nations spokesman has called for calm in the worsening row between the two nations. The ft says beijings plan to create National Champions in ten high tech manufacturing sectors by 2025 has come under fire from european businesses. They fear china will swamp whole industries and Spark A Protectionist backlash. The arab news reports on the results of an ipsos mori poll, which revealed one in five people believe women are inferior to men and should stay at home, and that men are more capable at the workplace and at school. The Global Survey was released on the eve of International Womens day. And finally, dr robot will see you now. A new controversial nhs scheme in the uk will allow patients to consult a chat bot on their smart phone when they contact a non emergency help line, and turn they will receive a diagnosis. Joining us is Stephanie Hare whos an independent Political Risk analyst. Nice to see you this morning