we start in the uk where already this week deals have been done to increase pay for workers at british airways, aldi and uber. aldi is raising the pay of thousands of distribution centre staff by 9% as competition for workers climbs post pandemic with more and more of us ordering our groceries online. british airways check in staff have agreed to a pay settlement that their union says amounts to a 13% pay rise, and uber agreed to raise fares in the uk to boost earnings for its drivers. the rising cost of living and forecasts for soaring winter energy bills, along with a severe labour shortage in some industries is a recipe for higher pay, something the bank of england warned against as it could hamper its fight against inflation. the latest unemployment figures for the uk are out in a few hours time. kate shoesmith is deputy chief executive of the recruitment and employment confederation. good morning. the employment numbers coming out forward june, what will they tell us? w
Services is saddening as a diplomatic spat and tense of fires over the arrest of u. S. Consulate employee and istanbul. A mass trial of more than sixteen hundred boko haram suspects is underway in nigeria Rights Groups warn theyre being denied due process. Catalonia high court asked for extra protection from Spanish Police as pressure grows on the regional president not to declare and dependence. Doubling down on Climate Change denial and the trumpet ministrations says its an obama era drive to limit emissions from coal fired power plants. To some of those. To become the smallest nation ever to qualify for the fee for world cup all of that story and more later this news. Turkeys president has described the u. S. Decision to suspend most Visa Services for turkish citizens as upsetting the freezes in response to the arrest of u. S. Consulate employees in istanbul accused of links to last years failed coup immediately imposed tit for tat measure suspending its own Visa Services in the us.
A bumpy road for toyota . The worlds second largest carmaker is expected to to report shrinking profits as the us market slows down. On the farm in the us we assess the impact of President Trumps policies in an industry that relies on migrant workers, even the undocumented ones. Welcome to World Business report. Im sally bundock. In a minute well itroduce you to the First American 800 billion company. We start with the worlds second biggest carmaker toyota it will report its latest set of Financial Results in just a few hours. The japanese car giant is expected reveal its had a tough quarter with operating profits falling by 30 . The key reason being a slowdown in the United States taking its toll on the business this year. This follows a record year there last year when carmakers sold 17. 6 million vehicles in the us. But it would seem, at least for now, the winning run is coming to an end in toyotas biggest market. Compared to the same period last year, the company has experienced a
To chris wright, the man responsible for signing Spandau Ballet. The New York Times is offering people a brexit tour of london. It is the brexit means brexit tour. Were asking you today whats your most memorable tour and was it that expensive . Just use the hashtag bbc Business Live. Hello and welcome to Business Live. We start with the worlds second biggest car maker, toyota, which has just reported its latest set of financial results. Its not good news. Full year profits are down 21 . This is the first time in five years that the company has reported a drop in earnings. Our correspondent Rupert Wingfield hayes is in tokyo. Rupert, what more can you tell us about the figures . Good morning, rachel. It is a fall for toyota as expectedment more than expected, but its still, you know, if profits of 16 billion are bad then it is a problem that a lot of companies would like to have, but thats a fall to 1. 83 trillion yen and there is expectation that it will fall again this Financial Year