The uk government is being urged today to address Border Delays by the manufacturers association, make uk. Customs paperwork and checks introduced since brexit are leading to some disruption of imports and exports, according to their research out today, with produce going to waste because of delays. Make uk found 61 of businesses are facing supply Chain Disruption either importing or exporting to and from the eu, and nearly a third are having their Supply Chains impacted in both directions. Companies are also struggling to prove the uk origin of their goods in order to qualify for zero tariff access. Ben fletcher is director of policy and engagement at make uk. We were warned there would be weeks of difficulty, Teething Troubles, et cetera, is this not what it is . I troubles, et cetera, is this not what it is . Troubles, et cetera, is this not what it is . I think one of the critical not what it is . I think one of the Critical Issues not what it is . I think one of the Critical Issue
And looks to push shares higher with a big money Share Buyback. Banking on big profits hsbc rakes billions of dollars and looks to push shares higher with a big money Share Buyback. And china cools the worlds second biggest Economy Saw Manufacturing growth slow last month, fuelling fears that chinese growth is on the slide. Welcome to World Business report. Im sally bundock. Also in the programme, we will show you a robot that can crack open your safe. First of all that silly when on the latest numbers coming from europes biggest bank, hsbc, reporting its earnings in the last 30 minutes. It made a pre tax profit of 5. 28 billion in the Second Quarter of this year. A from 4. 6 billion the previous time and analysts were expecting a high number but not as big as that. It announced a Share Buyback as many we predict in, looking at 2 billion worth. It looks to make the most of its huge cash pile. The move will effectively restrict the supply of hsbc shares in the marketplace of course and
Motor city motors on. Fiat chrysler says it will invest 1 billion in the United States as the Detroit Motor Show gets under way. Iron ore prices are set to plunge thats the message from the australian government, sending Mining Stocks down. Welcome to World Business report. Im sally bundock. Also in the programme The Boss Of Rolls Royce is here to tell us why luxury cars still have the edge. That is his view. We will talk to him ina that is his view. We will talk to him in a moment. But first over the next few days, the worlds car makers will be taking the wraps off their latest products at the Detroit Motor Show. The car seems more popular than ever an estimated 75 million were sold last year, but 2017 is already beginning to look like a big year of change for the industry. Not least because more of them are looking to invest in the United States. In the last few hours, Fiat Chrysler has said it will put 1 billion into two us factories, which will create 2000 newjobs. The incoming Pre
She has been described as the uks most influential black person and is chair of the countrys biggest media agency. But how tough was it for Karen Blackett to get to the top . Shelljoin us shortly. Check this out and as Barack Obamas been spotted kite surfing in the caribbean, we want to know what would you do to unwind after eight years in a toughjob . Just use the hashtag bbcbizlive. Is hanging out with Richard Branson on your bucket list . Thank you for your thoughts. Some of which we cant mention on the programme we start with President Trumps travel ban which has faced its toughest test yet. Lawyers for the Us Justice Department have been slogging it out with those for states of washington and minnesota who want the ban repealed. The appeals Courtjudges Court in San Francisco are expected to give their decision later in this week. Lets recap. President trump has been trying to temporarily ban people entering the us from seven countries. He says this is about terror and keeping our
Soon after setting sail for dover. And bt sport are to pay £1. 2 billion to carry on showing the Champions League and Europa League until 2021. The new deal ends the Highlights Shows On Terrestrial Tv. Good morning. Welcome to bbc Newsroom Live. The uk factories at Ellesmere Port and luton employee. The new owners met government and unions last week and provided insurance that existing Production Commitments would be honoured at Ellesmere Port until 2020 and luton for some years beyond that but the combined company will have 2a factories in europe and some say that is too many. Its one of the biggest deals in the car making sector. British and german Brands Vauxhall and opel are to merge with the french brands peugeot and citroen. Together they will make a company which is the second largest automotive player in europe. Today, the bosses of General Motors and psa welcomed the £1. 9 billion deal and stressed their commitments to vauxhall and opel at least until 2020. After that it was