Trama
The daily drama of money and work from the BBC.
Episodi
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How to quit
06/10/2022 Durata: 18minWhen women's tennis world number one Ash Barty suddenly announced in March 2022 that she was retiring from tennis, it was huge shock.Barty, a three time grand slam champion, was only 25.At the time she said she was leaving professional tennis to pursue other life goals. Quitting is often seen as a negative thing to do, but in this episode we explore the positive side.PwC’s Global Workforce Hopes and Fears survey of more than 52,000 people in 44 countries showed that one in five workers planned to quit their jobs in 2022.Marie Keyworth speaks to Moya Dodd, former vice-captain of Australia’s women’s football team - The Matildas. She now works as a lawyer in Sydney and says Barty's decision to 'quit at the top' could be a lesson to us all.Career coach Sarah Weiler has quit several roles herself, and has now made it her job to help others – how do you know when it’s time to move on?And Dina Denham Smith is an executive coach based in the San Francisco Bay area. She helps what she calls ‘high performing, high achi
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Getting backpackers to return to Australia
05/10/2022 Durata: 18minNow that borders have opened up post pandemic, backpackers have been slow to return to Australia.Despite a number of initiatives, the number of travellers is low. And that’s having an impact on businesses who need staff.David Reid explores the Australian working holiday visa scheme, which was set up fifty years ago to encourage young people to travel and work. It's not been without problems, and recently there have been allegations of exploitation and even abuse.So is the visa scheme the right solution for the Australian labour crunch? Or should government step in and rethink the whole set up?David speaks to Lee Thurston who runs Miss Moneypenny’s restaurant in Noosa, on the east coast of Queensland. Lee is from the UK but has settled in Australia. Lee said when they came to open up after the pandemic, all the backpackers had gone home. So he’s had to train up local teenagers instead.Hamish Hill runs Nomad’s hostel in Noosa. He tells David it’s noticeable how many vacancies there are and the impact that’s ha
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Why food could be the future of fashion
04/10/2022 Durata: 17minFashion is one of the world’s most polluting industries – more than half of everything we wear is still made from plastic. In the search for more sustainable ingredients – designers are now turning to those you would normally find on your plate. Katie Barnfield travels to Sherwood Forest in England to meet Ashley Granter and Aurélie Fontan from Mykko – a company making leather from mycelium, the root system of mushrooms. Fancy a food based swimsuit? We talk to Dr Kate Riley from Textile Exchange about new developments in so-called bio synthetics. And in the race to adopt these new materials, could some brands be accused of greenwashing? Rachel Cernansky from Vogue Business takes us through the controversy.Produced and presented by Katie Barnfield.(Image: Mushrooms growing on a tree branch. Credit: Getty)
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Are home solar panels the solution?
03/10/2022 Durata: 18minHome solar – putting panels on your roof or side of your house, used be something fairly unusual. However, rising energy costs means that people are increasingly looking for alternatives.Presenter Rick Kelsey explores why the trend for solar panels is happening across Europe – and asks whether the industry has the infrastructure to cope with increasing demand. Rick travels to south east England where panels are being put on the roof, and speaks to installer Scott Burrows. And he meets Linda who rents her home – her landlord has just had solar panels fitted. Linda says she has noticed the reduction in her bills, however her central heating is gas so there might not be as big a reduction over the winter.Just over 3,000 solar installations are being carried out every week according to the trade association Solar Energy UK. That’s up from 1,000 a week in July 2020.Michael Schmela and Naomi Chevillard are from Solar Power Europe. They say they are seeing an unprecedented demand in countries across Europe, especial
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Business Daily meets: Will Butler-Adams
30/09/2022 Durata: 18minBrompton makes 100,000 foldable bikes in London every year and exports about 75% of them. Chief executive Will Butler-Adams tells us how he grew the business around the world. He also explains how he's navigating inflation, and the prospect of recession. Plus, why he believes his mission is not simply to sell more bikes, but to change how people live in cities around the globe. Producer/presenter: James Graham Photo: Will Butler-Adams on a Brompton bike at his London factory. Credit: Brompton.
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Comic Con economics
29/09/2022 Durata: 17minComics are a multi-billion dollar industry and comic conventions - or cons - attract thousands of fans, desperate to meet their heroes and splash some cash.Elizabeth Hotson visits the MCM event in London to find out what’s hot and what people are spending their hard-earned money on.We hear from Joëlle Jones, a comic book writer and illustrator, Jenny Martin, Event Director at MCM Comic Con and Michael Loizou from Brotherhood Games.Plus tattooist Matt Difa shows off his Star Wars inkings and Vincent Zurzolo, the Chief Operating Officer of Metropolis Collectibles in New York looks back on one of his most memorable comic book sales. Producer: Elizabeth Hotson Presenter: Elizabeth HotsonPicture Description: Comics at Wellcome Trust Superhero exhibition, Picture Credit: Getty Images
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Business Daily Meets: Margrethe Vestager
28/09/2022 Durata: 18minMargrethe Vestager is the European commissioner for competition.Ms Vestager has been spearheading the landmark Digital Markets and Digital Services Acts aimed at regulating the global technology industry. The new rules passed the European Parliament in July and will start to be implemented in the spring. Victoria Craig sits down with Ms Vestager to ask about the commission’s win against Google in one of Europe’s biggest courts (which resulted in a record fine).She also explains the importance of her hallmark legislative endeavours on global competition and fairness in the big tech space.And she talks about how the EC’s Important Projects of Common European Interest programme – which allows joint investments in riskier technologies – could help alleviate Europe’s energy crisis. Producer: Stephen Ryan Presenter: Victoria Craig(Image: Margrethe Vestager. Credit: Google)
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Why Finland is building with wood again
27/09/2022 Durata: 18minCould building more homes and offices out of wood instead of concrete help tackle climate change? We travel to Finland, where growing numbers of homes and offices are being built using wood, and the industry is booming.We’ll hear how it can help improve sustainability in cities and take a look at the challenges and benefits of using more wood inside our offices and homes. And we'll also hear concerns about the impact on the country’s famous forests. Presenter Maddy Savage speaks to Miimu Airaksinen - vice president of development at Finnish building company SRV, about the construction process and the technology being used.Mai Suominen, a senior forest expert for the World Wildlife fund explains the benefits of using wood to make buildings, because they can store carbon that’s already been removed from the atmosphere by trees for decades.Ali Amiri from Aalto University has been exploring the costs and benefits of using wood for building - and the impact of the war in Ukraine which has increased interest in w
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The fight for domestic workers’ rights
26/09/2022 Durata: 17minMillions of people, mainly women, sign up for jobs as domestic workers overseas. Yet much of this work is informal, with households enforcing their own terms behind closed doors - leaving the workers vulnerable to exploitation and abuse. In this episode, Laura Heighton-Ginns meets domestic workers who escaped modern slavery.Jackie was forced to work extreme hours, sleep on a hard floor, and given only leftovers to eat for two years. Grace felt she had no choice but to take a domestic job overseas, but discovered many women who do this work are victimised. As well hearing their stories, Laura speaks to the newly appointed Philippines Secretary of State for Migrants and UN International Labor Organisation and asks why domestic workers still lack basic protections.Presented and produced by Laura Heighton-Ginns.(Image: Grace Nine. Credit: BBC)
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Can festivals bounce back?
23/09/2022 Durata: 17minThe global events industry was valued at more than $1.1 billion in 2019, before the start of the covid-19 pandemic. Live music and concert events alone lost $30 billion in 2020 and most outdoor festivals were cancelled. This year, in 2022, with more people vaccinated around the world, many festivals have managed to return but are having to cope with rising prices and staff shortages, as well as people with less cash to spend. Monica Newton, the CEO of the National Arts Festival in Grahamstown, South Africa, tells us about the challenges she's faced in holding this year's event. The director of the Great British Food Festival in the UK, Daniel Maycock, says they've managed to avoid putting up ticket prices so far and are trying to support smaller businesses. Lisa Louis travels to the Rock en Seine festival, to the west of the French capital Paris to speak to the director, Matthieu Ducos, about how he's had to adapt. She speaks to food and drinks vendors about how they're coping with rising prices and festival
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Why everyone wants a ‘blue tick’ on social media
22/09/2022 Durata: 18minFor online influencers getting verification - a blue tick next to their social media account name - is the ultimate prize. It brings credibility and elevates their status online.Presenter David Harper investigates how accounts can become 'verified', what it means, and if you make your money through online platform, how much is it actually worth? David speaks to Matt Navarra, a social media consultant and industry analyst. Matt has worked for Meta and Google amongst others and says he asked how to get a blue tick dozens of times each week. He explains why verification is useful to brands and users.Entrepreneur Jacques Bastien lives in New York, he works with different brands and companies, and explains why verification is so important for his clients, making them seem more trustworthy. He says the blue tick has a financial benefit which is hard to quantify, but is there.And the BBC’s China media analyst Kerry Allen explains the different approach by Sina Weibo, where accounts are checked and ‘verified’ to a c
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Business Daily meets: Paul and Mike Rabil
21/09/2022 Durata: 17minThe sport of lacrosse has a long history, being one of the oldest sports in North America. But, for a long time, many players couldn't earn a living in the same way athletes could who were playing in established leagues like Major League Soccer or the National Football League. After a time as one of the best lacrosse players in the world, Paul Rabil, along with his brother Mike, an established businessman and investor, decided to start their own league that could give players a livelihood.We speak to the brothers to find out the challenges of starting a league from the ground up, and how they had to convince players to join them, and from there, we also find out how it could be going global, and why the story has been turned into a major documentary that has aired on ESPN. Presenter: Rahul Tandon, Producer: Ed Butler (Image: Paul and Mike Rabil at an event; Credit: Craig Barritt/Getty Images for Premier Lacrosse League)
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Who benefits most from remote working?
20/09/2022 Durata: 18minThe coronavirus pandemic allowed many people worldwide to work in new and radical ways. It brought some of the biggest changes for computer-based office workers, many finding themselves working from home for the first time. Research from McKinsey Global Institute, the international management consultancy firm, suggests remote work in some form, is likely to remain for this group of employees. We discuss what the continued shift towards remote work means for both businesses and employees around the world. We hear from Roseleen Kagiri, a remote worker in Nairobi, Kenya, and Hailey Walker who works from home in Chicago in the US. Matt Wilson, co-founder and co-chief executive of Omnipresent, a tech start-up, reveals why his business employs all of its workers remotely. Nick Bloom, professor of economics at Stanford University in California tells us about studies he’s done on working from home and how remote work affects productivity, and Harriet Molyneaux, managing director at HSM Advisory, a global advisory g
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The condiments (and sauces) that never change
16/09/2022 Durata: 18minTabasco sauce has been around since 1868, Lea and Perrins’ Worcestershire Sauce since 1837. So how have these brands managed to survive for so long? David Reid explores why some brands outlive their founders by more than a century.David speaks to Harold Osborn, CEO of McIlhenny Company which makes Tabasco. Patrick Barwise, emeritus professor of management and marketing at London Business School explains what happened when Coca Cola tried to 'tweak' their recipe.Samir Nanji, spokesperson at KraftHeinz who now own Lea and Perrins, explains the history of the sauce - and how an early batch didn't go too well.And Jake Burger, cocktail expert from Portabello Road Gin and The Ginstitute explains how Angostura Bitters outlasted prohibition to become a bar staple.(Image: Tabasco sauce bottle. Credit: Getty)
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The women kicking off their high heels at work
15/09/2022 Durata: 18minFor years women working in certain jobs, such as banking or retail, have had to wear high heels as part of the company’s dress code. But now women around the world are fighting for the right to choose their own shoes at work. Elizabeth Semmelhack, the director and senior curator of the Bata Shoe Museum in the Canadian city of Toronto tells us the history of the high heel and its journey from the battlefield to the boardroom.Ally Murphy, a former flight attendant, describes the pain caused to cabin crew who are made to wear high heels at work.Nicola Thorp, who led a campaign in the UK to make it illegal for companies to force workers to wear high heels, says many companies are now changing their shoe policies because they don’t want the bad publicity. Change is slower in Japan, however, where supporters of the #KuToo movement continue to campaign against mandatory high heels at work. The BBC’s Singapore correspondent, Mariko Oi, who is from Japan, tells us how corporate dress and expectations are still firmly
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The real state of the Russian economy
14/09/2022 Durata: 17minAs Ukraine seemingly makes dramatic advances on the battlefield, we look at what this may say about the situation inside Russia itself. Military analysts are describing what seems to be a depleted Russian military machine, lacking in morale, but also possibly lacking in the kinds of military equipment it needs to sustain its war effort. One estimate in August put the loss of hardware (not including missiles) at $16 billion. That's hard to replace, given the supply problems and falling growth brought about by wide-ranging western economic sanctions. We look inside the country at the way the economy is progressing, with the thoughts of one Russian business-owner, Dmitry Nechaev, and from western-based economists, Sergei Guriev at Sciences Po University in Paris, and Elina Ribakova, deputy chief economist at the International Institute of Finance. The US-based political scientist Stephen Crowley, of Oberlin College, then considers how much a weakened economy is likely to create the type of political pressure to
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Nigeria's push to grow its own coconuts
13/09/2022 Durata: 18minMost of Nigeria has the perfect climate for growing coconuts and yet it imports 70% of the fruit, which is widely used to make snacks, drinks and to make everything from oil to cosmetics. With demand for coconuts increasing both domestically and around the world, plans are now afoot to make Nigeria self-sufficient in coconut production.Ijeoma Ndukwe travels to a farm two-hours from the Nigerian capital Abuja to see how Ray Davies and her husband, retired army Major General John Davies, have branched out into coconut farming.We also hear from Nma Okoroji, president of the National Coconut Producers, Processors and Marketers Association of Nigeria (Nacoppman) - they support farmers and are encouraging more people to go into coconut production.Farmers are struggling to access the best seeds for production - Abiodun Oyelekan, who runs a two-and-a-half-hectare farm in Badagry, explains the importance of 'hybrid' seeds.Lagos state government's Coconut Development Authority (Lascoda) general manager Dapo Olakulehin
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Should we be more open about salaries?
12/09/2022 Durata: 18minSalaries are often kept secret in most workplaces - but times are changing.The BBC’s Deborah Weitzmann discusses implications for pay transparency policies and the gender wage gap.Deborah visits Flash Pack, a travel firm in London where staff members are open about their salaries. She travels to New York City where employers are preparing for a new law requiring them to post clear salary bands in job listings later this year - following the US state of Colorado. She speaks to Scott Goldshine, general manager of Manhattan-based deli Zabars.Deborah also hears from salary expert David Turetsky about why some people find conversations around pay difficult, and Dr Grace Lordan from the London School of Economics explains how openness about pay might benefit women and address the gender pay gap.Presented and produced by Deborah Weitzmann.(Image: An office meeting. Credit: Getty)
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Business Daily meets: Russ Glass
08/09/2022 Durata: 17minCan an app, founded by a former monk, become one of the biggest tech companies in the world?Russ Glass, the chief executive of Headspace Health, takes Leanna Byrne behind the scenes in one of the biggest mergers in mental health technology.We get an insight into Headspace Health’s global expansion plans both online and offline; how people turned to mental health technology with the uncertainty of Covid; and how employers could soon be using its staff’s mental health data to make company wide policies.Presenter/producer: Leanna Byrne(Image: woman listening to headphones whilst meditating. Credit: Getty)
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Why Europe’s inland shipping network is drying up
07/09/2022 Durata: 18minAs Europe’s historically dry summer continues, Matthew Kenyon takes a trip on the barge Mezzoforte, and talks to skipper Dirk Pols about the challenges of navigating as river depths fall. We hear from Cornelis van Dorsser of the Dutch Inland Shipping Association about how the industry is preparing for the continued impacts of climate change. Economist Saskia Meuchelböck tells us about the economic effects of the last major dry period, just four years ago, when a month of low water on the Rhine knocked 0.4% off Germany’s GDP, and hydrologist Saskia Werners explains how barge captains, industry, importers and the public have to expect more of the same.Presenter / producer: Matthew Kenyon Image: The Mezzoforte; Credit; Matthew Kenyon / BBC