4.4 • 754 Ratings
🗓️ 14 August 2025
⏱️ 52 minutes
🧾️ Download transcript
As the administrators are called into accessories brand Claire's, Will Bain speaks to a retail expert about what it's store for the chain and its 2,000 staff. Also, we hear how a recruitment crisis in the countryside could be putting your morning pint of milk in jeopardy. And it's A Level results day. We'll be finding out what UK universities are doing to create the workforce of the future.
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0:00.0 | BBC Sounds, Music, Radio, Podcasts. |
0:05.0 | Wake Up to Money from BBC Five Live. |
0:08.0 | Hello morning, welcome to Wake Up to Money. |
0:11.0 | Clare's once-a-one-stop shop for affordable jewellery aimed at those younger shoppers. |
0:16.0 | Looks to have collapsed into administration this morning. |
0:19.0 | We'll take a look at what that means for the more |
0:20.9 | than 2,000 staff, 200 plus stores all around the UK. Also on the program today, exam results |
0:26.7 | day, A levels, T levels, B-Tex 2. For me, I think the most important thing is that I'm doing |
0:33.4 | something that I love. I think it's so important to keep creating. What about though, |
0:39.2 | looking for a job in farming? Apparently, not enough people are. It's according to one of the |
0:44.1 | biggest dairy cooperatives in the UK. It's warning that a shortage of skilled workers is now |
0:49.0 | potentially threatening our food security will speak to a farmer in Cornwall about her experiences. Wake up to Money with Will Bain. Yeah, morning, welcome to Wake Up to Money on Thursday the 14th of August. Just gone 5 o'clock in the morning. We're with you this morning. Great to have your company. And again, there's a lot to get to, isn't there? It doesn't feel like there's any sort of summer slowdown at the moment. Claire's another victim of online shopping, perhaps, or is there something else going on? No refunds. |
1:16.3 | Store's going to be open for now, but no online orders either. We'll talk about those 270 plus stores, |
1:23.4 | pretty much a fixture of every high street in the country, aren't they? What happens next? What's gone wrong there? We'll be chatting to a guest about that in 20 minutes or so. We'll also be looking ahead, GDP Day to quarter two. So the three months of the year, April to June, will be out at 7 o'clock, and that will, of course, include what people are dubbed awful April, and it was a pretty bad, slowdown in terms of growth figures there. So we'll get the picture for the health of the UK economy as well. So bits of business news, lots of economics to talk about. Plenty then for our panel to get our teeth into this morning. And it's a full house here in the studio this morning. No summer slacking here on Wake Up to Money at 5 minutes past five. Simon French is back with us, Simon, the chief economist, at Pam Muir Libram. Morning. How much then is the focus today on those GDP numbers from a market's perspective? It will dominate the headlines, certainly in the UK. As you alluded to in your intro, the data, |
2:20.6 | the monthly data we've had for April and May, so the two of the three months that will make |
2:24.8 | up the Q2 numbers were both contractions. I think we'll just about sneak growth, the danger |
2:31.5 | that I say that at 5 past 5 in the morning at 7 a.m. I look a bit silly, |
2:35.3 | but just about, but it will certainly be a slowdown on the 0.7% growth we saw in the first |
2:40.9 | quarter of the year. And that would mean quite a performance from the economy though in June. |
2:44.8 | So would that be the sort of reasons for silver linings on those sort of flat clouds? |
2:51.0 | No, with the risk of getting into the details. |
2:53.9 | It's more that the average run rate of Q1 and the average run rate of Q2 just about |
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