Business Weekly
Business Daily
BBC
4.4 • 816 Ratings
🗓️ 18 July 2020
⏱️ 50 minutes
🧾️ Download transcript
Summary
In Business Weekly, we investigate racial discrimination in the banking system and find out how this affects the businesses owned by people of colour. We also ask why so few governments plan effectively for catastrophes. We hear about the impact that had on the ability to react to Covid-19 and what it might mean for future challenges. Plus, we hear from the Welsh choir who are longing to sing together once again. Presented by Lucy Burton.
Transcript
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| 0:00.0 | Hi, if a week is a long time in politics, a day is a long time in business at the moment, |
| 0:06.1 | and it can be exhausting trying to keep up with all the latest developments. |
| 0:10.1 | That's why we've interrupted your Business Daily pod feed to bring you Business Weekly, |
| 0:14.4 | a new weekend programme which brings you an hour of the most interesting, inspiring and thought-provoking stories you might have missed |
| 0:21.7 | from the BBC's business team. |
| 0:27.7 | Hello and welcome to Business Weekly with Lucy Burton. |
| 0:31.4 | In ancient myth, the priestess Cassandra warned all in sundry that the city of Troy would be |
| 0:36.4 | destroyed by the Greeks. |
| 0:38.3 | But she was cursed to have her warnings fall on deaf ears and she was written off as insane. |
| 0:44.0 | No one wants to listen to that kind of doom-laden prophecy anyway, even if it did turn out to be true. |
| 0:49.2 | In the program today, we'll discover how a few thousand years later, not much has really changed. |
| 0:55.1 | Governments around the world were repeatedly warned about an imminent pandemic, yet most were caught |
| 1:00.3 | seemingly unaware by it, with little done in the way of preparation. |
| 1:04.3 | So what other catastrophic warnings are being ignored and why? |
| 1:08.2 | We'll also be looking specifically at the South African response to COVID-19 as |
| 1:12.7 | cases their rise. This week, the president has reintroduced a ban on the sale of alcohol in a bid |
| 1:18.0 | to relieve hospitals of the pressure of related injuries. But, unsurprisingly, the country's |
| 1:23.0 | alcohol producers aren't impressed with this health-before-wealth tactic. We'll hear from them, as well as an opposition |
| 1:28.7 | politician, a little later. First, though, the Black Lives Matter movement continues to highlight |
| 1:34.1 | the inherent discrimination and racism facing people of colour in the US and beyond. And we've been |
| 1:40.3 | looking at how the world of finance perpetuates the inequalities between black and white people. |
| 1:46.4 | 60% of African Americans don't have access to mainstream financial services. |
... |
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