The World of BusinessAuthor: BBC Radio
11 Jul 2020

The World of Business

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Insights into the business world - featuring content from BBC Radio 4's In Business programme, and also Global Business from the BBC World Service.

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    Oil Shock 2020

    The oil price has crashed - for a while some producers were even paying customers to take it away. It's like no oil shock the industry has ever seen before. Lesley Curwen sets out to discover what difference cheap oil will make to our lives. Which jobs are at risk? Will there be a knock-on effect on our household finances - utility bills and pensions for example? And as lockdowns slowly start to ease, could it change how much we rely on oil for good? Presenter: Lesley Curwen Producer: Beth Sagar-Fenton Picture Credit: Colin McPherson/Corbis via Getty Images)

  • Posted on 24 May 2020

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    Adapt to Survive

    2020 hasn't been good for British business - certainly not since Covid-19 showed up. The global pandemic and the lockdown imposed to try to fight it have affected individual livelihoods and those of many companies. John Murphy talks to some business owners from different sectors of the economy - a family-run pub, a fruit farm, a fabric and haberdashery shop and a multinational - to see what changes they've experienced and how they have had to adapt during the crisis. They explain what they think the future will hold and, indeed, whether they will survive. Presenter: John Murphy Producer: Lizzy McNeill Photo by: Victoria Connolly, MacCulloch and Wallis Ltd

  • Posted on 14 May 2020

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    Economic Recovery in the USA

    With the highest Covid19 death toll in the world, and 26 million Americans claiming unemployment insurance, the US economy has taken a massive hit. But how quickly can it bounce back? Will America’s economy will be strong enough to pull its weight in the global economy? Economist Jim O’Neill explores the current scale of the problem and asks how resilient are US businesses and the country’s economy. In Business hears how Nobel Prize-winning economist Paul Romer has devised A Roadmap to Responsibly Re-opening America, which seeks to balance the health priorities with the pressure to open up the economy again. The story of a small bakery in Brooklyn, which has had to lay off its workers, is illustrative of the damage that has been inflicted on businesses across America. Has the fiscal response from the authorities been sufficient to protect businesses so that they can recover once lockdowns end? Is American manufacturing sufficiently flexible to pivot and adapt to the changing circumstances of the Covid health crisis? And will one of the longer term consequences of the crisis be a re-thinking of the character of American capitalism? The answers to these questions will shed light on whether American will still be able to play its traditional crucial role in the global economy. Presenter: Jim O'Neill Producer: Philip Reevel Picture Credit: Getty

  • Posted on 07 May 2020

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    Economic lessons from pandemics past

    In the 14th century the world was devastated by plague, known as 'The Black Death', in the 20th century a deadly form of influenza struck infecting around a quarter of the world's population. Since then HIV, Ebola and more have stricken nations. With each epidemic and pandemic comes a huge human cost but each also carry an economic cost. In this programme John Murphy visits pandemics past to see what history can teach us about economic cost and recovery. Presenter: John Murphy Producer: Lizzy McNeill Picture: An American street cleaner during the influenza epidemic in 1918 Credit: Getty

  • Posted on 23 Apr 2020

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    Working From Home

    Since the Covid-19 ‘lockdown’ began, vast numbers of people have been toiling away at home for the first time: converting living rooms and bedrooms into makeshift office space, wrangling with technology, and juggling family life with working hours. How are we doing? Caroline Bayley explores the delights and challenges of "WFH". Produced by Beth Sagar Fenton.

  • Posted on 16 Apr 2020

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