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Wake Up to Money

The CEO of Sandoz speaks to Wake Up to Money

Wake Up to Money

BBC

Business

4.4754 Ratings

🗓️ 8 August 2025

⏱️ 52 minutes

🧾️ Download transcript

Summary

Felicity Hannah speaks to Richard Saynor, CEO of pharmaceutical giant Sandoz, about the impact of US tariffs. And we look at the latest booking trends with staycations.

Transcript

Click on a timestamp to play from that location

0:00.0

BBC Sounds, music, radio, podcasts.

0:05.3

Wake Up to Money from BBC 5 Live.

0:08.7

Hello, welcome to Wake Up to Money.

0:10.6

The boss of the pharmaceutical giant Sandoz has told this program,

0:14.4

tariffs won't encourage them to move manufacturing to the US.

0:18.1

A tariff isn't going to encourage us directly to build and build manufacturing

0:22.9

side. It's not a cheap thing to do. And we'll hear more of that interview later. We'll also be

0:27.9

talking staycations. Have you been holding your nerve for a last minute getaway deal? Would you

0:33.5

rather book in advance? We will hear about a surge in last minute holiday bookings in the UK.

0:39.5

And as always on a Friday, we will look at the biggest stories of the week.

0:43.2

And what a week with our expert panel.

0:45.7

Wake Up to Money with Felicity Hannah.

0:48.6

Very good morning to you.

0:50.0

Welcome to Wake Up to Money.

0:51.5

Welcome to Friday.

0:52.6

It's the 8th of August.

0:54.0

It's four minutes past five.

0:56.1

Yes, staycations. Shorter, closer, later. That is the trend we're seeing this year. We'll be talking about this a lot more just before 6 o'clock this morning. We'll hear why people are booking those shorter stays closer to home and quite often quite last minute

1:12.1

once they've had a chance to look at the weather. So I was wondering what you've been doing

1:16.0

with your holidays this year. Have you delayed booking to try and get a better deal? Maybe the weather

1:21.8

has been a big factor in that. Maybe you've booked further in advance so that you can simply

1:26.3

look forward to it.

...

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