Synopsis
The daily drama of money and work from the BBC.
Episodes
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Dumb Money: Unpicking the GameStop saga
12/10/2023 Duration: 18minShares in GameStop, the video game store, experienced a dramatic rise in early in 2021. The stock had captured the imagination of many individual investors who heard about it on social media platforms such as TikTok and Reddit. Some investors made a lot of money, while some hedge funds, who had bet against the stock, lost billions. Eventually, though, GameStop shares crashed back to earth and many investors lost the lot. The story has been dramatised by Hollywood in ‘Dumb Money’, currently screening in cinemas. Vivienne Nunis sits down with the film’s director Craig Gillespie and financial journalist Matt Levine to investigate what the GameStop saga teaches us about the power of social media when it comes to influencing the movements of the stock market.(Picture: Paul Dano as Keith Gill in 'Dumb Money'. Credit: Sony Pictures)Presented and produced by Vivienne Nunis
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The rising price of fuel in Nigeria
11/10/2023 Duration: 10minIn May this year, Nigerian president Bola Tinubu took office – and announced an end to fuel subsidies. He said the move would free up money for investment in public services and infrastructure projects, but it caused a spike in prices and, in some cases, triggered street protests. We explore the impact of removing the subsidy on residents and businesses, and the knock on-effect for neighbouring countries like Cameroon. Presenter/producer: Bisi Adebayo(Image: Members of the Nigerian Labour Congress (NLC) and Trade Union Congress (TUC), Senior Staff Association of Nigerian Universities (SSANU), Academic Staff Union of Universities (ASUU), National Union of Road Transport Workers (NURTW) holds a placard during a march in Abuja on August 2, 2023. Credit: Getty Images)
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Fire-proofing California’s wine industry
10/10/2023 Duration: 18minIn 2020, Napa Valley experienced its most destructive wildfire ever. Vineyards burned, leaving not only direct damage, but more long lasting impact with wine affected by smoke taint. We hear how the perennial presence of wildfires means local businesses face a harsh reality of living with the risk of fire. Sophie Long visits wine makers who are using inflammable materials to build new wineries, changing growing techniques and using technology to deal with tainted wine. And she meets local residents learning firefighting techniques - all to keep smoke out of your wine glass and the billion dollar industry thriving.Presenter: Sophie Long Producer: Samantha Granville(Image: Burned grapes hang on a damaged vine at a vineyard as the Glass fire continues to burn in Calistoga, California on October 1, 2020. Credit: Getty Images)
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The Commonwealth Games in crisis?
09/10/2023 Duration: 18minThe event is facing its biggest financing challenge in its 93-year history.There is no host city for the next edition in 2026, and the Commonwealth Games Federation is struggling to persuade other cities to host after that. We speak to academics who say the model of structuring and paying for the Games is broken. Some observers go further – saying the Games and the Commonwealth itself are relics of the British Empire and should be wound up.We also hear from athletes who have competed at the Games and highlight their importance for their respective sports and countries.And we look at one city that has hosted with relative success – within budget and with long-lasting benefits to civic infrastructure.Producer/Presenter: Gideon Long(Image: The closing ceremony of the 2022 Commonwealth Games in Birmingham. Credit: Getty Images)
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Fashion: Becoming a designer
06/10/2023 Duration: 16minWe speak to Greek designer Dimitra Petsa - founder of Di Petsa - a brand which has been worn by celebrities around the world.She graduated from fashion school five years ago and since then has launched her own fashion brand.Very few make it in the fashion world - Dimitra explains how she did it from mentors and getting exposure to creating business plans and coming up with business strategies. Producer/presenter: Hannah Mullane (Picture: Models wearing Di Petsa clothing. Credit Di Petsa)
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Fashion: Paying less for the wedding dress?
05/10/2023 Duration: 18minIn the UK, brides spend an average of £1,400 on a dress for the big day.But inflation and the rising cost of living means that's starting to change. We look at the trend of spending less on wedding dresses - buying them ready-to-wear from a boutique in London, or even from a supermarket.And we're in India where some brides are starting to spend less - not always easy when spending lavishly on weddings is often the expectation. Produced and presented by Deborah Weitzmann with additional presenting from Devina Gupta.(Image: Ruth in her second hand wedding gown. Image credit: Greg Milner)
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Fashion: Doing business in Paris
04/10/2023 Duration: 18minParis is the most visited city in the world and one of the things it’s known for, is fashion. But what is it about the City of Light that makes it a popular destination for businesses?In this programme, Hannah Mullane speaks to a personal shopper, who relies on fashion tourists for her business, as well as fashion start-ups choosing to base themselves in Paris.Hannah also meets a stylist and fashion agent, who moved from Italy to Paris, to make the most of the opportunities that the fashion industry has to offer.Producer/presenter: Hannah Mullane(Picture: Two women holding shopping bags. Credit: Fabulous You Paris)
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Fashion: Dupe culture
03/10/2023 Duration: 18minDuplicate products, or dupes, are flooding social media. Dupes are clothes, beauty products, homeware that are cheaper than the recognisable brand, but still look similar. We hear from shoppers and fashion experts about this growing trend and its impact on the market.And we speak to athleisure wear company Lululemon, who are trying to work out how to respond to the number of dupes of their products that are now on the market.Producer/presenter: Deborah Weitzmann(Image: Leggings on mannequins. Credit: Getty Images)
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Fashion: The rise of sports brands
02/10/2023 Duration: 18minTwenty-five years ago Puma became the first big sports brand to collaborate with a fashion house. Since then all of the big players have been collaborating with celebrities, sports stars and high fashion brands. Hannah Mullane speaks to Heiko Desens, the creative director at Puma about how these big collaborations work behind the scenes and what they mean for business, and fashion designer Alejandro Gómez Palomo explains how collaborating with a sports brand has elevated his business. Presenter/Producer: Hannah Mullane (Picture: Rihanna at the Puma fashion show. Credit: Getty Images)
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Is green methanol the future of shipping?
29/09/2023 Duration: 18minThe shipping industry is looking for solutions to it's emissions problem.Shipping giant Maersk has just unveiled the world’s first container ship to run on green methanol - is this the answer? We hear from Maersk’s CEO about why they’ think this is the best bet. And we find out more about some of the different options in development, such as hydrogen and green ammonia, all vying to become the future fuel for the world's ships.Presenter/producer: Adrienne Murray(Image: Maersk's first green methanol container ship. Credit: Maersk)
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Where next for China’s Belt and Road?
28/09/2023 Duration: 18minXi Jinping announced a massive building project along the ‘New Silk Road’ to very little fanfare in Kazakhstan 10 years ago this month. Infrastructure including railways, roads and ports have been built in 165 countries to date, as part of the Belt and Road Initiative (BRI). Billions of dollars has been lent to countries in Africa, Asia, Europe and South America. Some are now struggling to afford the payments and China is reducing the amount being loaned. We look at what this means for Beijing’s finances and for countries with huge projects underway, but with no means of meeting the repayments. Presenter: Ed Butler Producer: Hannah Bewley Additional reporting: Michael Kaloki(Picture: Xi Jinping waits for a photo call at the China-Central Asia Summit in Xian, China in May 2023: Credit: Florence Lo/Reuters)
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The industry that saved an animal from extinction
27/09/2023 Duration: 18minYou may not be familiar with the vicuna, but in Peru, where it's the national animal, the smallest relative of the llama is revered - particularly for its fine and insulating coat.In this programme, Stefania Gozzer travels to the Peruvian Andes, to meet the animals that produce one of the most expensive wools in the world. Demand for their coveted fleece once led them near extinction, but now it has become the best tool to preserve them. Stefania visits Pampa Galeras, to talk to the scientists that work in the largest natural reserve created to protect vicunas. She learns how farming communities engage in the conservation of this species while making a profit, and hears why the business model that once saved vicunas is now at risk.Presented and produced by Stefania Gozzer(Image: A vicuna. Credit: Getty Images)
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The growth of tattoo removal
26/09/2023 Duration: 18minWhat used to be a fairly niche industry is now on the increase, with companies setting up removal clinics around the world. And no surprise – as more people get tattoos, more people night change their minds and want them removing. We meet the regretful clients and the companies cashing in, and also explore the world of cosmetic and medical tattooing.Presenter and producer: Elizabeth Hotson(Image: A laser tattoo removal. Credit: Getty Images)
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Meet the 'Finfluencers'
25/09/2023 Duration: 17minWhere do you go to get financial advice? More and more people are turning to Instagram, YouTube and TikTok for money matters. David Harper meets the ‘Finfluencers’ – financial influencers entertaining and educating young people around the world, and bringing in big numbers in the process. Caleb Hammer is a YouTuber with over 600,000 subscribers who conducts financial audits on the forensic financial details of individuals in the hope of helping them to budget better. He also speaks to Hannah Rimm and Alexandra Koster, who run the Money Diaries feature at online magazine Refinery 29. They are deluged with submissions every week. And we hear from Sharan Hegde, from Bangalore in India. He has over 4 million subscribers on Instagram and YouTube combined.Presenter: David Harper Producer: Victoria Hastings
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Business Daily meets the Queen of Biscuits
22/09/2023 Duration: 18minHow do you make an artisan product at scale? We head to the UK factory of Biscuiteers, where millions of biscuits are hand-iced every year, from treats shaped like designer bags to edible versions of favourite cartoon characters. Harriet Hastings is the co-founder of the company - in this episode, she shares her business advice, explains why marketing is key and talks about running a business with her husband. Producer / presenter: Sam Everett(Image: A ballerina biscuit being iced. Credit: BBC)
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Is India ready for Tesla?
21/09/2023 Duration: 18minIt’s been a long wait for tech billionaire Elon Musk to push into India’s EV market. High import duties have kept Tesla out of India so far. Mr Musk has repeatedly sought to lower those duties, but the government wants the company to manufacture cars locally before considering tax breaks. Now there seems to be an agreement on the horizon. But is India’s EV ecosystem ready for it?Presenter/producer: Devina Gupta
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The cost of migration: Europe's response
20/09/2023 Duration: 18minIn the third and final programme of this series on the economics of irregular migration across the Mediterranean, the BBC’s Frey Lindsay sits down with two spokespeople from the European Commission to discuss how irregular crossings across the Mediterranean affect European States, and how the bloc is using its resources to attempt to stop them.Presenter: Frey Lindsay(Image: Italian coast guard vessels patrol alongside the SOS Méditerranée rescue ship The Ocean Viking, near the Italian port of Ravenna. Image credit: BBC)
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The cost of migration: The rescue boats
19/09/2023 Duration: 18minIn the second of three programmes, we’ll hear about the increasing running costs facing charities involved in running search-and-rescue operations in the Mediterranean Sea.Inflated fuel prices, cost of living crises and political interference are all driving the costs of the operation up. So can the boats continue to operate?Presenter: Frey Lindsay(Photo: Search and rescue crew onboard the SOS Méditerranée rescue ship The Ocean Viking)
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The cost of migration: The journey
18/09/2023 Duration: 18minIn the first of three programmes, the BBC’s Frey Lindsay accompanies the charity rescue vessel the Ocean Viking to explore the myriad costs involved in irregular migration across the Mediterranean.Each year hundreds of thousands of people attempt the extremely dangerous crossing from Libya to Italy, paying smugglers thousands of dollars. We meet some of those people and find out how and why they're making the journey.Presenter/producer: Frey Lindsay(Picture: Rescuees huddle onboard the SOS Méditerranée rescue ship The Ocean Viking. Credit: BBC)
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Business Daily meets: Mohit Lad
15/09/2023 Duration: 18minFrom losing his job in the 2008 financial crash, to a billion dollar idea.We speak to Mohit Lad, who teamed up with his old college friend Ricardo to trawl through the trash cans of shuttered businesses in Silicon Valley to get the first server for their tech start-up, ThousandEyes. A combination of grit, determination and a shortage of ready cash saw them think outside the box for solutions to grow the business and get customers. Twelve years later, the company described as the 'Google Maps' of the internet is now part of Cisco and is still going strong today. Listen to the full story behind the business and learn about Mohit's vision for a connected world.Presented and produced by Sam Clack.(Image: Mohit Lad speaks during a keynote address on June 07, 2023 in Las Vegas, Nevada. Credit: Getty Images)