tv World Business Report BBC News April 20, 2021 5:30am-6:01am BST
this is bbc news with the latest headlines for viewers in the uk and around the world. the big fight back — the formation of a football super league has been met with condemnation from most quarters. now uefa may up the game by revamping the champins league. staffing crisis in hospitality — as lockdown restrictions are eased, can pubs and restaurants find the workers they need? and the drought in taiwan chipping away at its semiconductor industry, in the midst of a global shortage.
more now on the row over football. as you've been hearing, the uk government has said it will do "whatever it takes" to prevent a breakaway european super league involving six leading english clubs. and bloomberg is reporting that uefa is in discussions with centricus asset management over a 6 billion—euro financing package to overhaul its flagship soccer tournament. the idea is this will also put a stop to the new league that its creators argue will benefit football as a whole. joining me now is doctor dan plumley is a sport finance expert at sheffield hallam university. good morning to use. what do you make of these latest moves on the part of the uk government saying it will do whatever it takes, to uefa looking for a huge financial
injection to revamp the champions league? injection to revamp the chamions leacue? ~ , , . champions league? absolutely, a crazy situation _ champions league? absolutely, a crazy situation here _ champions league? absolutely, a crazy situation here with - crazy situation here with football that we want our once again find ourselves in, and we know that historically the uk government has not been overwhelmingly interested in getting involved in football, there is a lot of legal aspects to this and potential challenges to come from competition laws and things like that but the bottom line here is this is the clubs going up here is this is the clubs going up against uefa first and foremost, and they're trying to secure more lucrative deal for themselves and a similar champions league format and going it alone but selling the broadcasting rights around the world. ., ~ , broadcasting rights around the world. . ~ , ., world. talk us through uefa's thinkin: world. talk us through uefa's thinking because _ world. talk us through uefa's thinking because it _ world. talk us through uefa's thinking because it was - world. talk us through uefa's thinking because it was going | thinking because it was going to revamp the champions league anyway, which was part of this row, because those who have put together this european super league say that actually, the new ideas from uefa ijust not good enough, the reform does not go far enough. absolutely,
this is what — not go far enough. absolutely, this is what this _ not go far enough. absolutely, this is what this boils - not go far enough. absolutely, this is what this boils down - this is what this boils down to, and the clubs did get some of their own way in terms of the formatting of the competition, but they still were not happy with that, the reforms were announced yesterday so uefa will press ahead with the champions league regardless, it was the commercial aspect of that competition at the clubs were not happy about, and how the commercial rights were sold and how much of a sailor clubs had and that, though i think this is another example here of the club saying 0k, is another example here of the club saying ok, if you're not going to give us what you want, and the clubs have always been driving this argument, then we're going to get on and do it on our own, secure our own broadcasters, commercial operations, and is the statement says, they are saying that will benefit the whole of football, but we're not quite sure what that looks like yet in terms of hard financial figures. in terms of hard financial fiaures. ., ., i. in terms of hard financial fiaures. ., ., ,, ~' in terms of hard financial fi.ures. ., ., y., 4' , figures. how do you think this will -la figures. how do you think this will play out _ figures. how do you think this will play out in _ figures. how do you think this will play out in the _ figures. how do you think this will play out in the end, - will play out in the end, because course, as we have heard, there is this a tsunami of opposition against this idea
coming from all quarters in europe, but at the end of the day, is the european super league really focused on other audiences, say for example the middle east and in asia? and therefore the opposition in europe doesn't make much odds? absolutely, both points are relevant they are, i said late on sunday night there was little bit of cynicism here, this was another lady use the european super league is leveraged against uefa and to put pressure on them around the champions league reforms, i think we're still seeing a little bit of that and we'll see more of that, and it appears we're further down the line with the super league then we have potentially ever been but from an audience perspective that is absolutely right, this is about about a global audience, right, this is about about a globalaudience, notjust the fans in england or europe, this has fans all over the world, into the asian markets, middle east, america, australia, these clubs know they have global followings all over the world and that is the cell here, but the global audience, notjust the global audience, notjust the european picture. we
the global audience, not 'ust the european picture. we will be across _ the european picture. we will be across every _ the european picture. we will be across every twist - the european picture. we will be across every twist and - the european picture. we will. be across every twist and turn, thank you for your time today. with covid restrictions lifting in the uk, it's predicted that 2a million people, half of england's adult population, will be going out to enjoy a drink at a pub. while that sounds great for the businesses who've suffered so heavily throughout the lockdown, many pubs and restaurants are now experiencing staff shortages. in major cities up to a quarter of hospitality workers were foreign nationals, half of them from the eu. when the uk locked down many went home and now some can't return leading to a short—term staffing crisis. joining me now is kate nicholls, chief executive, uk hospitality. good to talk to you again. talk us through the logistics that those who work in the uk hospitality are experiencing when it comes to this problem of staffing. when it comes to this problem of staffing-—
when it comes to this problem of staffing. when we come out of staffing. when we come out of lockdown — of staffing. when we come out of lockdown and _ of staffing. when we come out of lockdown and started - of staffing. when we come out of lockdown and started to - of lockdown and started to unwind, that is when people are, for the first time, talking to the team is about bringing them back off furlough and bringing them back into the workplace, notjust for the reopening of outdoors but also looking ahead to me when we started to reopen indoors and people are training their staff now to get them ready for reopening. in about 15% of cases, we are finding that there are challenges getting that workforce back, and they are threefold. there are foreign nationals who have been abroad when the lockdown happened notjust from europe and across the world and travel restrictions are now in place and a biting meaning people can't come back in the short—term, and we are also finding the many, particularly in london in large metropolitan areas, those foreign nationals have gone home for good and i'm not planning to return, and we have people who during lockdown, while they were on furlough, have found other jobs, particularly working in retail distribution and are not wanting to return to hospitality, and thirdly, about
the number of hours we are able to give our staff. during the reopening, we had restricted ability to serve, which we will continue to have from the 17th of may, you have people who are just having two—thirds of the normal hours, and until we get that certainty from government about when we can reopen in the conditions for reopening and crucially when social distancing the left, it will be difficult to give people longer hours, and more hours, so that is one area as well that we are finding people are not wanting to return to work until they can come back more full—time. these are all problems we are seeing right now, this short term problems and issues because in the long—term, with unemployment high among the young, those that are likely to work in hospitality, who might work in hospitality, who might work in hospitality, who might work in waitressing of that kind of thing, that's one light at the end of the tunnel as it were in the sense that there is the workforce out there, but you can't get them on start
right away, can you? absolutely, it's a short—term squeeze where we are needing to bring staff back off furlough, and it is a challenge to be able to do that, that we are looking for longer notice periods, longer certainty to be able to return to work when they are abroad, we will be able to provide those jobs going forward and hospitality is one of the few industries that can provide jobs at any skill level, any region of the uk, and will particularly be able to pick up the 1.5 million young people who are estimated to become unemployed as a result of covid coming out of the restrictions on coming out of full—time education so we know in the longer term we will be able to deliver that but in the short some of our skilled staff are not able to return to work and are struggling with shortages, particularly around chefs. ., ., ~ ., chefs. good to talk to you auain, chefs. good to talk to you again, thank— chefs. good to talk to you again, thank you - chefs. good to talk to you again, thank you very - chefs. good to talk to you i again, thank you very much. in recent weeks we have been talking a lot about the chip shortage, and taiwan, the major producer of them, is facing its worst drought in half a century. now the government has taken
drastic action to make sure there's enough water for the semiconductor industry. our taipei correspondent cindy sui sent this report. taiwan's biggest reservoir at its driest in years. reservoirs in tyrone are thirsty, including this one up north, which is one of the primary sources of water for taiwan's $100 billion semiconductor industry. in good rainy years, the water level is right under where those rocks are, but now, it is more than 30 metres below full capacity. if this reservoir and others in taiwan dry up, it could have a detrimental impact on taiwan's semiconductor industry, and the global high—tech sector, because so many of the products we use, from smartphones to computers, are powered by micah made in taiwan. located a short
distance away are the world's largest contract chipmaker, tsmc, and other semiconductor companies. they need a lot of water to spray clean the wafers inside tech gadgets. they up to 170,000 tons of water each day. the government has stopped irrigating tens of thousands of hectares of farmland. that has left farmers worried about their fields. translation: you can give us waterfor translation: you can give us water for two days a week one day, farmers will find a way, but now, they have completely cut our water. farmers cannot find a way out. they are focusing entirely on semiconductors. , ., �* , semiconductors. the island's laru est semiconductors. the island's largest chipmaker, _ semiconductors. the island's largest chipmaker, tsmc, i semiconductors. the island's l largest chipmaker, tsmc, says so far, their operations have not been affected. still, they are planning for the worst. they are buying truckloads of water, extracted from construction sites, and
increasing the amount of water they recycle and reuse. experts however believe that even if taiwan survives this drought, tougher action is needed to address the causes of this water shortage. address the causes of this watershortage. ranging address the causes of this water shortage. ranging from sediment buildup in reservoirs, which reduces their capacity to store water, and taiwan's very low water prices, which leads to wasteful consumption. translation: the government is taking special measures to address these problems. everyone and sector must think about how we can conserve water, especially because climate change will lead to insufficient rainfall. if taiwan does not rise to the challenge, even its prized industry may suffer. let's stay with the challenges posed by climate change. the uk prime minister is expected to announce this week that radical new climate change commitments are to become law. borisjohnson will say carbon emissions will be cut by 78 percent by 2035 and for the first time the law will be
extended to cover international aviation and shipping. the targets are challenging set at almost 15 years earlier than previously planned — which would be a world—leading position. joining me now is yael selfin, chief economist, kpmg. be good morning to you. it sounds like a great headline, but is this realistic? it like a great headline, but is this realistic?— this realistic? it is great news, this realistic? it is great news. and _ this realistic? it is great news, and obviously - this realistic? it is great news, and obviously we j this realistic? it is great - news, and obviously we have seen some challenges in meeting the earlier target, so there is still a bit of a? as to whether they will be met or not because we do see quite a lot in terms of investment and also in terms of investment and also in terms of potential changes to the regulatory environment, and incentives for us to meet these targets. incentives for us to meet these tar: ets. ., ., targets. now the uk government makin: targets. now the uk government making his — targets. now the uk government making his announcement - targets. now the uk government making his announcementjust i making his announcement just ahead making his announcementjust ahead of the us presidentjoe
biden's big meet with international leaders later this week, which is all about climate change, the us trying to set the agenda as it were. do you think we will see significant commitments from countries around the world this year? it countries around the world this ear? , ' . countries around the world this ear? , , . ., countries around the world this ear? , '. year? it is difficult to say because _ year? it is difficult to say because as _ year? it is difficult to say because as you - year? it is difficult to say because as you well- year? it is difficult to say i because as you well know, year? it is difficult to say - because as you well know, there is a lot going on at the moment, especially around the pandemic and a lot of challenges for the governments at this stage to deal with so it is difficult to know how much we're going to see on the climate change agenda, maybe postponement to the meeting in november of 2026, but the hope is we will see much more in the shorter term in terms of commitments and the new president in the us, and the acceleration around that in terms of the intention at least, it is very good news.
what other costs and benefits for the uk economy? they are talking about some of these things coming into law, it will affect industries like aviation and shipping by the uk households will have to be more electric, carbon heating, renewable electricity in place, it sounds costly to begin with, before we see the benefits. is that the case? if i before we see the benefits. is that the case?— that the case? if i start with the benefits, _ that the case? if i start with the benefits, some - that the case? if i start with the benefits, some of - that the case? if i start with the benefits, some of them | that the case? if | start with . the benefits, some of them are very exciting, so for example, if we look at technology, we could see an acceleration of the adoption of new technology, which would be very good for us, and also there is some evidence to show that the innovation around clean energy potential is producing better or stronger productivity than other types of innovations, so again, we could see a boost to productivity on the back of it, and we could see better quality of life, as a result of these people rethinking the way they
consume, and is well we could see betterjobs with higher skill requirements on the back of it, there are quite a lot of potential benefits, but obviously, there is a transition with costs to industry as well as to people, and that will also require some funding. it and that will also require some fundinu. . ~ funding. it will indeed, thank ou, funding. it will indeed, thank you. very _ funding. it will indeed, thank you. very good _ funding. it will indeed, thank you. very good to _ funding. it will indeed, thank you, very good to talk- funding. it will indeed, thank you, very good to talk to - funding. it will indeed, thank| you, very good to talk to you. let's get some of the day's other news. parler — the controversial social media app, popular with far—right supporters — will be allowed back onto apple's app store. that's after it updated its app and content moderation policy, according to apple. the platform had been pulled after the us capitol riots on january 6. the french government has strengthened its grip over air france—klm, using a new share issue to increase its stake to more than three times that of the netherlands. the struggling airline raised 1.04 billion euros, taking france's holding to 28.6%. china eastern airlines emerged from the sale while the dutch state
was diluted to 9.3%. stay with us on bbc news, still to come: listen up! facebook announces new products and it's all about audio. the stars and stripes at half—mast outside columbine high. the school sealed off, the bodies of the dead still inside. i never thought that they would actually go through with it. choir singing one of the most successful singer—song writers of all time, the american pop star prince has died at the age of 57. i was — it's hard to believe it. i didn't believe it.
we just — he was just here saturday. for millions of americans, j the death of richard nixon in a new york hospital has i meant conflicting emotions. a national day of mourning next wednesday, sitting somehow. uneasily with the abiding i memories of the shame of watergate. and lift off of the space shuttle discovery with the hubble space telescope, our window on the universe. this is bbc world news, the latest headlines: the jury in the trial of the former police officer charged with killing george floyd retires to consider it's verdict. the case is seen as a key moment in us race relations and policing. the uk government vows to do whatever it takes to prevent a breakaway european super league as the backlash against the plans pour in.
india's capital delhi is now in lockdown for at least a week as coronavirus cases continue to surge. on monday, the country recorded more than 270,000 new cases, prompting uk prime minister borisjohnson to cancel a planned trip there. arunoday mukharji is in delhi. it is no surprise this lockdown has been announced given the situation. . , has been announced given the situation. ., , ., situation. that is right and many people are - situation. that is right and l many people are wondering situation. that is right and - many people are wondering why it took so long for the lockdown to be imposed. it has been imposed until the coming monday here in delhi because delhi has been reporting alarming surge in cases over 20,000, nearly 25,000 delhi cases every day. over 200 deaths in a single day. delhi hospitals are running out of space. there are cries for help on social media asking for access to medicines, asking for hospital beds, asking for
oxygen. the chief minister of delhi who is the head of delhi politically, he is called out to help to the central —— called out to the central government, prime minister miranda moody's government, saying they need help. there is a huge cause for concern and india has been seeing well over 250,000 cases on a daily basis since the 15th of april and well over 1700 deaths on a daily basis. that is why we saw the indian government open up its vaccination programme yesterday in an order, they have now said starting the first of may, every adult will have access to vaccinations. so far it was only 45 years and above and frontline workers. now 18 years and above will be eligible to get back since starting the first of may. government also it up further saying that vaccine manufacturers will be able to supply vaccines through the open market as well, a portion of that was not certainly trying to increase more access as india battles this massive surge. arunoday, for now, thank
you. it's game over for gamestop chief george sherman, who's stepping down by the end ofjuly. investors seem pleased, the company's shares, popped more than 6% on that news. michelle fleury in new york explains why. what was normally construed as bad news was actually the departure of the beleaguered ceo and it reflects notjust a changing of the guard. remember it is financial officer resigned a few months ago. it also marks the growing influence of an individual called ryan cohen. the former ceo of online pet suppliers retailer chewy.com —— chewy.com retailer chewy. com —— chewy. com and retailer chewy.com —— chewy.com and it will became —— he will become chairman of gamestop. he is the individual leading the individual transformation of this company from rick and mortar retailer to an e—commerce player. that wasn't
the only news, though, driving the only news, though, driving the excitement behind the share price movement. the reddit investor who you may recall helped fuel the dramatic surge in game stop share price earlier this year, keith gill of roaring kitty, he chose to double down on his bed, forgoing millions of dollars in quick profit and exercising his core options to buy even more shares. that gave investors plenty to chew over. absolutely, michelle fleury. forget the big screen — it's all about audio — at least that's the focus of facebook boss mark zuckerberg. he announced his latest plans which include a new web—based app called hotline. it enables hosts chat to their audience via audio and text — also an audio version of facebook reels called soundbites. a one—year—old app that has been capturing a lot
of celebrity attention is called clubhouse. who has been using that? elon musk, oprah winfrey, and mark zuckerberg himself have popped up on the service. perhaps that is what inspired him to make a move at facebook. is a social audio set to be the next big thing? joining me now is cyrus mewawalla, head of thematic research, globaldata. welcome to the programme. talk us through this rush to audio. ifeel like we're going us through this rush to audio. i feel like we're going back, not forwards. your thoughts? over has changed the way we work and change the way we interact with people. a lot of us are having zoom fatigue because we might have to dress up. it might be dress —— stressful to do zoom so audio has come into its own right now and audio is a way for people to make money, it is a way for people to work in a different way and it is a way to be more relaxed than being constantly
on video. 50 relaxed than being constantly on video. , ., on video. so basically what it is about is — on video. so basically what it is about is being _ on video. so basically what it is about is being out - on video. so basically what it is about is being out of - on video. so basically what it| is about is being out of vision so you are not seen and that seems to be the direction people want to go in, is that correct? . , correct? that is right. there is a fight for uses people 's| is a fight for uses people �*s attention, at work there is a fight for seeing people and i think audio is a more casual covid friendly way to work and way to relax. covid friendly way to work and way to relax-_ covid friendly way to work and way to relax. what you make a facebook's _ way to relax. what you make a facebook's move _ way to relax. what you make a facebook's move into - way to relax. what you make a facebook's move into this - facebook's move into this market? will it prove popular? i think it could be popular. i think the value for clubhouse has gone up since january from 1 billion so that pres investors certainly think this is popular. i think it depends on the person. you can take off in many ways. social media influences can charge people for a —— for an audio reality show, if you like, to see what they are doing today. ﬁnd show, if you like, to see what they are doing today.- show, if you like, to see what they are doing today. and it is easier, quicker _ they are doing today. and it is easier, quicker and _ they are doing today. and it is easier, quicker and cheaper, i easier, quicker and cheaper, when you think about the
paraphernalia you have to see on the screen, you don't have to great graphics and kibble that make keeping people public attention because of this is why pod cuts... pod casts are popular? why pod cuts. .. pod casts are popular?— popular? exactly, people are bus , popular? exactly, people are busy. they — popular? exactly, people are busy. they go _ popular? exactly, people are busy. they go to _ popular? exactly, people are busy, they go to the - popular? exactly, people are busy, they go to the gym, i popular? exactly, people are i busy, they go to the gym, they want pod casts, they want convenience and this is another way of getting convenience. what is next? we'll be back —— we would be back on screens we have got over zoom fatigue in a a year? i have got over zoom fatigue in a a ear? ~ . have got over zoom fatigue in a a ear? ~' ., ., a year? i think we will have a ranue a year? i think we will have a range of— a year? i think we will have a range of tools _ a year? i think we will have a range of tools available - a year? i think we will have a range of tools available to i a year? i think we will have a range of tools available to usj range of tools available to us in the future of work.- in the future of work. cyrus it has been good _ in the future of work. cyrus it has been good to _ in the future of work. cyrus it has been good to see - in the future of work. cyrus it has been good to see you, i in the future of work. cyrus it i has been good to see you, thank you for being on—screen for us in this programme. it is good to, well, i can't see you but you know what i mean. it is good to have you with us here on the bbc. thank you for your company for the last hour. at the top of the hour, you can join breakfast. if you are watching us on bbc world, i
will see you very soon. hello there. april showers have been in short supply. it's been a very dry month so far. and for most places, tuesday will be another dry day with some sunny spells. but across the north of the uk, we can expect some patchy rain, courtesy of a weather front — you can see it here on the chart — drifting in from the northwest, moving slowly southeastwards through the day and weakening all the while. for much of england and wales, we're starting off the day dry with some spells of sunshine, although quite misty and murky for some of these eastern coasts. and through the day, i think we'll see a gradual build—up in cloud amounts. there may even bejust the odd rogue shower into the afternoon. for scotland and northern ireland, our frontal system bringing cloud, outbreaks of patchy rain southwards. behind it, the skies will brighten but the winds will strengthen, and it will be quite a chilly afternoon across the northern half of the uk.
further south, we're looking at highs 15, 16 degrees or so, and as we go through tuesday night and into the first part of wednesday, the remnants of that weather front will continue to sink southwards, so pushing down across england and wales, with more in the way of cloud here, the odd spot of rain, with clearer skies developing from northern ireland and scotland. some places will see a frost to start wednesday morning. so, through wednesday, that weather front will continue its journey southwards. not much left on it by this stage, just a band of cloud and the odd spot of rain, high pressure building back in behind, bringing sunnier skies for parts of scotland and northern ireland. so, our weatherfront bringing cloud southwards across england and wales. the odd spot of rain, quite misty and murky again for some of these eastern areas. could see the odd sharp shower breaking out through the day down toward the southwest, but sunnier skies for northern england, northern ireland and scotland. the highest temperatures will be where we get a bit of shelter, down towards the south and the west, 15 or 16 degrees. and then as we move out of wednesday into thursday,
the remnants of that weather front clear well out into the near continent, high pressure really asserts itself right on top of the british isles, so that means lots of sunshine through the day, a bit of patchy cloud here and there. highest temperatures, again, will be out west. we could get up to 15 or 16 degrees or so. always a little bit cooler for some of these eastern coasts. and quite breezy down towards the south of the uk. as we head through friday into the weekend, it stays predominantly dry with some spells of sunshine by day, and still the potential for some frost at night.
good morning, welcome to breakfast with louise minchin and dan walker. our headlines today. the row over football's breakaway european super league continues — borisjohnson says he'll show the plans a "straight red". the chairman of the new league speaks for the first time. real madrid's florentino perez says it could "save football". but there is so much anger amongst fans, pundits, and now players are speaking out, too. i can only give my personal opinion, and i don't like it one bit, and hopefully it doesn't happen. the jury goes out to consider its verdict in the trial of derek chauvin — the former police officer accused of murdering george floyd in the us city of minneapolis.
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