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Business Daily


The daily drama of money and work from the BBC.

The daily drama of money and work from the BBC.


United Kingdom




The daily drama of money and work from the BBC.




Rich countries line up for Covid-19 vaccine

After Pfizer and Moderna vaccines earlier in the month, a third arrives from the University of Oxford. The question now becomes when the vaccines will be distributed and to whom. We’ll hear from Bruce Y Lee, professor at CUNY Graduate School of Public Health, about just how daunting a task a global inoculation programme will be. Meanwhile, Alex de Jonquieres, the head of the Vaccine Alliance Gavi, explains how they’re trying to make sure every country can afford enough of the vaccine to...


What children owe their parents

Is it up to children to support their parents financially? Manuela Saragosa hears from Lamees Wajahat in Canada, who has been supporting her parents to pay the bills since she had her first part-time job. But is it the duty of the family, or the state to provide? Manuela speaks to Professor Sarah Harper of Oxford University, who argues that opportunities for younger generations are better than ever before, and that family obligations have always been a part of life. (Pic of piggy bank via...


Business Weekly

In this edition of Business Weekly, we look at Britain’s drive to go green, and how effective the proposed ban on sales of new petrol and diesel cars might be. The Chief Operating Officer of the electric vehicle maker Polestar tells us what help the automotive industry needs from the government to persuade people to buy electric. Plus, we meet the first British Royal Air Force officer to openly transition from male to female and chat to her about transgender rights in the workplace. We also...


How Africa's economies are withstanding Coronavirus

Many African countries have been praised for waging effective campaigns against coronavirus, and the region has a relatively low case count compared to Europe and the US. African economies have likewise been hit less hard, and Amandla Ooko-Ombaka of McKinsey and Company explains how a mix of a youthful population, hot climate and swift government response helped many of these economies stay resilient. But Lisa Owino, of the Kenyan human rights organisation KELIN, says in some cases...


Can Fintech fuel Africa’s Covid recovery?

2019 was a landmark year for investment into digital financial services, or Fintech, across Africa. Despite the pandemic, the Fintech scene is not only still thriving; it’s poised to play a key role in Africa’s economic recovery. Uzoma Dozie, the head of Nigerian startup Sparkle, says with Covid limiting our ability to handle cash, the cashless revolution in Africa is moving along rapidly. But Viola Llewellyn, president of Ovamba Solutions, which helps finance small businesses across Africa,...


Your digital legacy

The companies managing your online life after death. Ed Butler speaks to Tom Ainsworth, CEO of Memories, an online memorial service that provides messages from beyond the grave, and to Rikard Steiber, founder of startup GoodTrust, which aims to help people take control of their digital legacies. Pyschologist Dr Elaine Kasket discusses the phenomenon of online death in the age of the pandemic, and why online legacies may be less permanent than we think. (Photo: A funeral is livestreamed in...


Varoufakis: My alternative to capitalism

With Covid rampaging and many economies on life-support, some say we need to look beyond capitalism. A blue-sky thinker, the outspoken former Greek finance minister, Yanis Varoufakis, gives his thoughts on a radical alternative to standard market economics, including making all employees shareholders in corporations. And Miatta Fahnbulleh, chief executive of the New Economics Foundation, imagines how this might ever be seriously attempted in practice.


The Pink Frontline

A lack of legal protection in many parts of the world leaves many transgender employees vulnerable. Few countries offer legal protection against discrimination of transgender people. This week is transgender awareness week - what role do companies play in the rights of transgender people? Manuela Saragosa speaks to Caroline Paige, joint chief executive of a UK pressure group called Fighting with Pride. In 1999 she became the first transgender officer to transition openly while serving in the...


Business Weekly

Excitement and hope this week as the pharmaceutical giant Pfizer said it believed that its Covid-19 vaccine is 90% effective. On this edition of Business Weekly we’ll look at the logistical challenges of rolling it out. How will it be transported? Who will get access to it - and how much will it cost? Also at a high level climate change conference in London our correspondent chats to chief executives who say capitalism can help the planet - but will they put their money where their mouth is?...


The problem with polling

Is the polling industry the real loser in the American presidential elections? Pollsters have come in for criticism that they misjudged President-elect Biden’s support, and did even worse in the state senate elections. Andrew Gelman, professor of statistics and political science at Columbia University explains why some of the errors were made. Zeynep Tufekci, associate professor at the University of North Carolina, Chapel Hill, argues that polling can have a distorting effect on democracy...


Does 'Green Finance' offer a solution to climate change?

Ahead of the 2021 Climate Change Conference, big names in the world of finance are banding together to create ways to reduce greenhouse gas emissions. With new improved carbon offset markets, monitoring and standardisation of emissions goals and an emphasis on channelling capital to projects based on renewable energy, evangelists of so-called 'Green Finance' believe capitalism can reinvent itself to the benefit of the planet. Rhian-Mari Thomas, chief executive of the Green Finance Institute...


Ukraine’s fight against corruption

Ukraine is in the midst of a constitutional crisis. The President Volodymyr Zelensky says the judiciary are blocking anti-corruption reform. The top judges won't budge and can't be sacked. So what do we know about the President's reform credentials? In this episode, we hear from the former central bank governor Valeria Gontareva who says she’s been a victim of a campaign of harassment that has left her fearing for her life, ever since she introduced anti-corruption reforms. Former economy...


The 'milestone' vaccine is already having an effect

Stock markets have rocketed on hopes of a Covid-19 vaccine breakthrough. The BBC's Business Editor Simon Jack explains who the winners and losers have been on the markets so far, and what this could mean for future stimulus packages and inflation. The drugmakers responsible for the vaccine claim it can prevent more than 90% of people from getting Covid-19. We'll hear from Mikael Dolsten, Global Research Chief for one of the drugmakers Pfizer. And epidemiologist Peter Horby of the University...


US Elections: How will Biden approach the economy?

US President-elect Joe Biden is to make tackling the coronavirus pandemic his top priority following his win over Donald Trump, his team says. Larry Summers, former director of the National Economic Council under President Obama says the country can’t have a healthy economy without a healthy population. But before the President-elect can get to work, he and his team have a slew of legal challenges from President Trump to fend off. Barry Richard, veteran Florida lawyer who represented then...


Business Weekly

After a nail-biting week, the Oval Office is within Joe Biden’s grasp - on this edition of business weekly we’ll ask what this means for US economic policy. We’ll find out why the markets rallied and ask a former climate negotiator what a Biden presidency could mean for the environment. We’ll also hear from the sailors stuck at sea thanks to covid restrictions. There are concerns that that the plight of the 400,000 sailors unable to go ashore and home could become a humanitarian catastrophe....


Uber and Lyft's big win

When they cast their votes for US president, Californians also approved a change to the law allowing gig economy companies like Uber and Lyft to keep treating their drivers as contractors, not employees. The move could have major consequences for the gig economy. Manuela Saragosa speaks to Geoff Vetter from the Yes to 22 campaign, which fought for the law change, and to Veena Dubal, law professor at the University of California, who argues the vote is a disaster for workers' rights. Dave...


What does this all mean for the US economy?

Vote counting continues in a handful of key battleground states which will determine the outcome of the US presidential election. Democratic candidate Joe Biden has been projected to win Michigan and Wisconsin. He also holds narrow leads in Nevada and Arizona. If he's able to hang on in all these states as final votes are counted, Mr Biden will be almost certain to win. We take a look at what this means for the US economy. International economics policy analyst Pippa Malmgren joins the show...


The billionaires' pandemic

The world's richest people have become even richer this year, despite an economic crisis brought on by the coronavirus pandemic. Manuela Saragosa speaks to John Matthews, chairman of private jet company AirX, about the surprising resiliance of the private aviation industry despite global travel restrictions. Chuck Collins from the Institute for Policy Studies - a think tank in Washington DC - explains how the richest people in the world have added to their wealth in the pandemic, and what it...


Lessons from the homeless

Manuela Saragosa finds out what happened when fifty homeless people were gifted thousands of dollars each. The gifts were part of a social project in Canada and the results were unveiled this month. The results were described as ‘beautifully surprising’ by the project’s leaders. (Pic of pregnant homeless woman on the corner of a busy street in downtown Toronto, Ontario, Canada by Creative Touch Imaging Ltd via Getty Images).


Business Weekly

The new Japanese prime minister has pledged to make his country carbon neutral by 2050. On this edition of Business Weekly we ask how he’s planning to do it. We also take a closer look at nuclear energy to find out whether mass production of smaller reactors could be the way forward for the industry. And what can be done to get more medical grade oxygen to the countries that desperately need it? Plus, as the coronavirus pandemic forces Hollywood to delay the release of big budget movies, how...