Business Weekly
Business Daily
BBC
4.4 • 816 Ratings
🗓️ 15 August 2020
⏱️ 50 minutes
🧾️ Download transcript
Summary
In this week’s programme we’ll be looking at the family rift in Syria which threatens yet more turmoil for the war-torn country. Just why is the country’s richest man defying his cousin - the President? Is there still a free press in Hong Kong - and if not, what does that mean for its status as a financial centre? That’s one of the questions we’ll be trying to answer after the media tycoon and pro-democracy advocate Jimmy Lai was arrested. We’ll also be examining the UK’s latest GDP figures, which saw the country fall into the first recession since the financial crisis. Why has the G7 nation suffered a bigger fall than any other major economy? Plus, we’ll be chatting to a couple of millionaires who tell us how they are far more frugal than we might imagine. Presented by Lucy Burton and produced by Matthew Davies.
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. |
| 0:27.8 | Hello and welcome to Business Weekly with Lucy Burton. |
| 0:31.7 | On the show today, we'll be taking a look at Syria, where a family feud threatens yet |
| 0:36.6 | more turmoil for the country. |
| 0:38.7 | Just why does President Assad feel so threatened by his super-rich cousin? |
| 0:43.5 | We'll also be examining the huge 20% fall in UK output since the country was hit by the coronavirus. |
| 0:50.6 | The fall is twice as much as that in the US, so how are British businesses faring? |
| 0:56.0 | And we'll hear from Africa to find out what effect the pandemic |
| 0:58.9 | and the ensuing global economic meltdown has had on countries on the continent. |
| 1:03.3 | Let's start, though, with this. |
| 1:10.6 | That's the sound of the Apple Daily newsroom in Hong Kong being raided by police. |
| 1:15.5 | Its boss, the media tycoon Jimmy Lai, was arrested. |
| 1:18.5 | His crime? |
| 1:19.7 | Collusion with foreign forces. |
| 1:21.8 | He's been a vocal supporter of democracy and a thorn in the side of Beijing for some time. |
| 1:29.1 | His is the most high-profile arrest under the sweeping new security laws that were introduced to the territory by China |
| 1:33.6 | earlier in the year. A member of the opposition in Hong Kong, Eddie Chu, said his arrest |
| 1:38.5 | marked a sinister turn of events in the city. It really shocked the Hong Kong people because |
... |
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