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Business Daily

Business Weekly

Business Daily

BBC

Business

4.4816 Ratings

🗓️ 9 May 2020

⏱️ 50 minutes

🧾️ Download transcript

Summary

On Business Weekly we hear from New York chef Gabrielle Hamilton who’s lost her life's work to the pandemic and is worrying about her future and that of her staff. What help are governments giving to small businesses like hers? As New Zealand announces that it has no new cases of Covid-19 we find out how businesses are adapting to a new way of working as the country begins to lift lockdown restrictions. Advertising mogul Sir Martin Sorrell tells us about the effect the pandemic is having on his industry - and we’ll hear from the editor of a newspaper who tells us how he’s coping with a fall in advertising revenue.Plus, as parents struggle with working from home and looking after children, we find out what life is like for single parents at the moment.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.

0:27.8

Hello and welcome to Business Weekly. I'm Lucy Burton. On the 20th of March, President

0:33.1

Trump declared a major disaster in the state of New York. 7,000 people attested positive for COVID-19, and Governor Andrew Cuomo ordered non-essential

0:42.7

workers to stay at home to halt the spread of the disease.

0:45.9

It was the centre of America's pandemic, and a month and a half on, more than 20,000 people

0:51.3

in the state have died.

0:53.0

Like elsewhere in the world, people are re-evaluating

0:56.1

what's important to them, and business owners are wondering what the future might look like.

1:00.9

For restaurant owners, that future looks particularly bleak. The majority of job losses have been

1:06.6

from the hospitality industry. My colleague Manuel Zaragoza has been speaking to chef Gabrielle Hamilton,

1:12.3

whose restaurant Prune is a New York's East Village.

1:14.8

I asked Manuel, why she contacted Gabrielle and what it was about her business

1:18.9

that was particularly interesting.

1:20.8

Okay, so there are many, many small businesses struggling at the moment

1:24.2

because they've had to close their doors in the lockdown.

1:27.1

And in many

1:27.7

developed economies, there are government-funded programs in place to help them out while those

1:32.0

lockdowns are in place. But we've heard so often of small businesses who struggle to get

...

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