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0:42

Hey there, it's Michelle Norris. I'm host of a

0:44

podcast called. Bbc

1:15

Sounds Music Radio podcasts,

1:18

Wake up some Money from Bbc

1:21

Five. Lie. Hello welcome

1:23

to wake up some money! A

1:25

surge in shoplifting. England and Wales

1:27

have seen the crime which the

1:29

highest level since records began over

1:31

twenty years ago will hear from

1:33

one shopkeeper. He catches people stealing

1:35

from his business. Daily is pretty much

1:37

the exact same people. you just know it for

1:39

your eyes are drawn to them straight. Are you

1:41

looking for. To of the world's

1:44

biggest listed companies have reported bumper results.

1:46

Overnight will take a look and would

1:48

you do better in a job interview?

1:50

If you knew what you were going

1:53

to be asked? I definitely would. Or

1:55

John Lewis has published his interview questions

1:57

online. Will find out why. Why?

2:00

Count how many with the list as

2:02

he had a very good. Morning to

2:04

you it's wake up to money. It

2:06

is Friday. he painted the Twenty Six

2:08

of April. It's full minutes past five

2:10

and I love this story. I really

2:12

want to get your thoughts or missed

2:14

this morning when you're invited to a

2:16

job interview said the company give you

2:18

the questions in advance. would it help

2:20

get the best our city let you

2:22

pass? Or the whole point of an

2:24

interview to make you think on your

2:27

feet? That is what John Lewis is

2:29

doing. And as a fascinating article in

2:31

the As T about this is published

2:33

it's interview questions. For every role online for

2:35

everyone to see every level of the company

2:37

isn't. Go and have a look at what

2:39

you be asked in an interview. We will

2:42

be talking about this later on in the

2:44

site before six o'clock for get in touch.

2:46

Now you know the drill. You can tax

2:48

me on Eight Five I Five Eight You

2:51

can tell me what's that message on L

2:53

A L Eight Five Niner Nine Six Nine

2:55

Three and A here on the platform formerly

2:57

known as twitter user has tag weekend to

3:00

money of really want to hear from you

3:02

Is that a good idea? Would. It

3:04

help or is it is it

3:06

something it's not necessary at? let's

3:08

ask? Our usual Friday panel and

3:11

joined today by Lindsay James, investment

3:13

strategist at Quilts Investors and Celean

3:15

Home Economics partner at the professional

3:17

services company Grant Thornton. Good morning.

3:20

The Morning When A Lindsey? what's you reckon budget? Would

3:22

you like the questions in advance? Well, I'd love them.

3:24

Then you have made it is easily several. Rounds are

3:27

entities I'm not sure the that be offering that

3:29

for every single stage. for yes it's a nice.

3:31

Idea is meant as a very good point. I'm

3:33

Psyllium, what do you think? the idea is this.

3:35

It was to help for example, near a diverse

3:37

people who who might it might might benefit from

3:39

a bit more time to come to think about

3:41

it in advance. I. Can see benefit

3:43

with it more time and probably also

3:45

bit more time to chat cpt say

3:47

room Interesting to see what people say

3:49

over into abuse of potentially. Are

3:51

also with me this morning is Andrew

3:54

Mcleod, founder and Ceo of Amelia Crusted

3:56

Past Set in London which has for

3:58

restaurants and you're good morning. The.

4:00

Morning I even joining of I believe this

4:02

is your first time are joining us for

4:04

the for the full hour on Wake up

4:07

some Money samurai so at ease you and

4:09

gently by asking you saw the zone loose

4:11

entity questions even though you've not seen. Them

4:13

an advantage of a you read Yes, Yes,

4:15

you're never coming back. Are you estimate I

4:18

can hear his answer really relevant? One

4:20

imagine Andrey you're interacting with appear

4:22

you've never met before Me: How

4:24

would you go about trying to

4:26

establish rapport with that person? Yes

4:28

I mean is is that of of think

4:31

it's a very good question and for me

4:33

personally rights of raise a bit of a

4:35

broader issue about sir What is the point

4:37

of an interview or minded? Why do people

4:40

do it. Because

4:42

of of the one of your. Fellow

4:45

panelists on just as mentioned. On

4:48

there are i'm various stages use

4:50

it to interviews. And

4:53

so it's interesting so it's try to

4:56

understand what's happening and and why people

4:58

like companies are deciding to do this.

5:01

We'll we'll We'll talk more about sits

5:03

at later on and so but don't

5:05

me the point to me that that

5:07

would be follow up questions. It's not

5:09

a lesser bus system, it's sort of

5:11

allows candidates to prepare. It's very, very

5:14

interesting. Not all of you think necessarily

5:16

agree with it. Is it on Twitter

5:18

on X Disney says I think I'd

5:20

like a hybrid of competency based questions

5:22

he gets myself to, allowing you to

5:24

match your experience thoroughly. But my profession

5:27

necessitates quick thinking and clay com so

5:29

I would want the option to. Test

5:31

unplanned answers and demonstrate my aptitude is

5:33

interviewing. Keep your thoughts coming out what

5:35

the other questions and are aware make

5:37

your answers. Tell me about a time

5:39

to think outside the box in order

5:42

to achieve a successful. Outcome: Let's see

5:44

how we get three that x our

5:46

bank of Atlantis. right? Let's take

5:48

a look back at the Week

5:50

that was a labour of course

5:53

said that it expects to renationalize

5:55

most passenger rail services within five

5:57

years. Is it selected? The proposals

5:59

include. Creating a new publicly

6:01

owned body. Automatic reasons for

6:04

trained delays and improved internet

6:06

connections. Ah, everyone who ever

6:08

commutes. And tries to work on the train.

6:10

will be thinking. Thinking hard about that

6:12

was a on the So yesterday

6:15

and he bagnall chief executive of

6:17

Rail Partners which represents rail operating

6:19

companies told us and nationalization was

6:22

a political. Rather than practical me.

6:24

Though. Approach to get the best of

6:26

both worlds give you join.systems to have

6:28

great British railways as a public sector

6:31

body but then harnessing operators to root

6:33

out what's on the passage of attract

6:35

passengers back and regrow the raw white

6:37

that will ensure that the railway or

6:39

takes a little subsidy as possible. And

6:41

that's the danger with nationalization that we

6:43

believe without like commercial focus costs would

6:45

creep up over time. revenue growth will

6:47

be slower. i'm a taxpayer is the

6:49

one that loses out. It's an interesting

6:51

question. Isn't. It and it's one that

6:54

gets people really riled up at sell

6:56

him to nice tell us how of

6:58

other nationalization projects gone in recent years?

7:00

Can we deduce anything? I

7:03

think this one's actually bit different because.

7:05

I would be and moments of network that

7:07

is already publicly adds a lot of the

7:09

assets already owned by the public anyway and

7:12

I think the government's not will delay the

7:14

company up talking about bringing the i'm it's

7:16

to sort of. The trains are kinda akin

7:18

to keep exact seen in the really bodies.

7:20

When you're management can contact Atkins you're not

7:22

keeping it in that sense means you're not

7:25

gonna get doesn't benefit from a lackluster cat.

7:27

still that you might get settled by kinda

7:29

five ten basins and remember that fight is

7:31

already pretty much regulates the mail story will.

7:33

Get is a saving of the management

7:35

safe on and you might get better

7:38

coordination between companies to make. A better

7:40

to said he had managed delays and skyn

7:42

over the clips of quality of service measures

7:44

power to meet. It comes down to whether

7:47

you believe that these sort of unit cost

7:49

savings in the management me a contract and

7:51

and the better coordinate neck going to outweigh

7:53

some this of high costs in since tenses

7:56

say save with international companies but he media

7:58

is about bringing in management contract. Any

8:00

for actually of apps and plenty assets back into

8:02

the public access setting is a little bit different

8:04

from other ones and is unusual and a cigarette

8:07

trains i am always slightly it's always let me

8:09

during. When they are such things,

8:11

rolling stock smalling start running on

8:13

a radius. Of here with it.

8:15

So it's it's It's interesting though isn't

8:17

a sudden lindsay as because the idea

8:19

or is that this would potentially mean

8:22

better service for train uses. Answer this

8:24

celean the it might make the point

8:26

quite often when things and moved into

8:28

the private sector it's it's been a

8:31

privatized it's to try and create more

8:33

competition to try and make it better

8:35

for the and customer. Yeah that's exactly

8:37

right but in a in this case

8:39

since privatization. We've seen the average price,

8:42

the train journey increasing around twenty.

8:44

Cents I think after testing for inflation and

8:46

I think it now in it when we look

8:48

at train says my have adequate let's day

8:51

I'm from Plymouth, the rich in there. A weekend

8:53

employers would cost me a hundred and forty.

8:55

Pounds return on the train. Now I now I

8:57

can dry there for about forty five pounds. Those

8:59

you know not think it's the same as in

9:01

a numerous situations wherever you're going, we just seems.

9:03

As expensive to the point that people

9:06

do everything they can to avoid taking

9:08

the train and causes an impact than

9:10

on call usage the monster sites. and

9:12

it just makes that's challenge of meeting

9:15

that zero esa that bit harder when

9:17

we so reliance on all cause. So

9:19

I think really privatization hasn't worked in

9:21

this instance. If I'm honest as a

9:24

trained user and I think labour are

9:26

quite rightly looking at other ways to

9:28

do this, I think isn't the only

9:30

possible solutions. I you know, I think

9:33

there are. Other models but they have talked

9:35

about this now for some. Time. As a the

9:37

it's a great surprised. Test. Which

9:40

costs white, red, With

9:45

the franchises that went

9:47

back into a public

9:49

sector management. so I'm.

9:51

Good at no great surprise and we've already some

9:53

way down this road already. Under what is

9:56

lit safe of the If limit so. I said rejoice

9:58

down T because of The Fittest. Repayment

10:00

or kids. In. The class would. I

10:03

do think the same as Olivetti regulated

10:05

says doesn't want to regulate. Wanted to

10:07

is it's have to pass by. know town already. It

10:09

is. I think she does not. Say because it

10:11

doesn't want put more substance to system. Say

10:13

Well, I did late labour sang and that

10:16

this wouldn't necessarily change. Rail you to press. They

10:18

lit up that a prom. Adding that to the or

10:20

as cuts in your train Two Plymouth some has

10:22

a Plymouth contingent on way so am I wanted

10:24

to the has an awesome as Andrew What what

10:26

What you love? I'm a certain amount of your

10:28

employees to meet in Fi Trains Good London is.

10:30

Actually, It's quite different, isn't it?

10:32

It's it's money. afraid, heavies, doubt,

10:34

oaths and general fatality was from

10:36

tourism have been hugely affected over

10:39

the past year year and off

10:41

on by everything that's happening. Explain

10:44

the rail industry to do with

10:46

so strikes on. Of bombs.

10:48

On over time during so far as

10:51

strike periods. Ah, Shot

10:54

off of of of First Son rail

10:56

lines. On. Saw dates and

10:58

outsell central London restaurants. Probably.

11:01

Get affected on average by

11:03

twenty five to forty percent

11:05

on days of strikes of

11:07

of Rao strikes. And

11:10

and so if you if you want to

11:12

put that into perspective I'm in use you

11:14

when restaurants or hotels of may be a

11:16

tosser minus ten or twenty percent. You

11:20

know, didn't depend say it was thought

11:22

that by Susie effects everything from how

11:24

the operations are on the starting. To

11:28

bird food and drink ingredients

11:30

on. Another estimates and I have saved

11:32

for probably the bigger picture on this

11:34

is it. The

11:37

country and of government ministers. talk

11:39

about gross. I'm a loss on

11:42

a thing as I'm. My.

11:44

Fellow panelists as sad as a.

11:48

General Are. Ultimately it doesn't look

11:50

like it's working on the com

11:53

way of. Of running the

11:55

rail system because you cannot have a country

11:57

that is. Run in a way that

11:59

you know. The As I mean we're looking

12:01

at another set of strikes or think on

12:03

the sixth, seventh, eighth of of May soon.

12:05

We had some just in April, we've had

12:07

them in March with have them in separate

12:09

and and so she really want to. Know.

12:12

Drive prosperity in in in the country

12:14

people need to be have to travel

12:16

Well I'm without fear of counseling plans

12:18

without fear of. You

12:21

know, having disruption The. When when times get

12:23

and when trains work another the I love

12:25

traveling on a train of much much more

12:27

than enjoy driving which I don't enjoy and

12:29

the real minister humor in and said labor's

12:32

plans up pointless and unfunded. He said they

12:34

don't have a plan to pay for the

12:36

bill, it's has to the rail nationalisation. Without

12:38

a plan to pay for this it means

12:41

one thing. taxes will rise on hard working

12:43

people. briefly Androids. Would you be willing to

12:45

pay more in taxes if it meant improve

12:47

trains. Some. Of

12:49

it that's a very good question. It's not

12:51

really one I've given to too much store

12:53

but I think in general as as the

12:55

price of things go out of thing if

12:57

we if we do want a high quality

13:00

of service. Or a thing

13:02

affords you the price to never is gonna be a price to

13:04

pay for it. To probably

13:06

tom your question and probably say. I'm.

13:08

Nobody wants to pay high taxes but

13:10

I think you know is if there

13:12

is a a deal of higher taxes

13:14

for for for a good level of

13:16

saw this and us I think about

13:18

society more compelling argument than just higher

13:20

taxes and the same level of of

13:22

services and strikes I currently that which

13:24

is why is currently happening. At

13:27

the minute I think this is a

13:29

discussion that will keep rambling on which

13:31

was my attempt to train a writer.

13:34

Some of the he case biggest banks

13:36

have been raising mortgage rates this week

13:38

as expectations of when the Bank of

13:40

England will cut interest rates were pushed

13:43

back. I feel at everything we said

13:45

about interest rates recently and that little

13:47

been quite rational. when with said it

13:49

has turned out to be completely incorrect.

13:51

am essentially the bank is not expected

13:54

to cut it's benchmark great as early

13:56

as often as we perhaps previously thought

13:58

and that because inflation. Less

14:01

than expected in March,

14:03

I'm in. This is

14:05

a very. Very tricky one Shelley

14:07

and isn't it because it's very hard to know

14:09

what the what? the right answer? Is of

14:11

it's at is essentially us to the were

14:13

expecting that rates won't be coming down the

14:15

summer. I think they would

14:18

become guns crankcase people expected. and I think

14:20

that's because inflation is full length aren't As

14:22

he said last month, not quickly people type

14:24

in is falling in it may well under

14:26

siege to sort of Bank of England target

14:28

as she the near future but there must

14:30

have to talk with inflation. That's the sort

14:32

of inflation is fooling necessary to energy which

14:34

is large outside and think it's console. And

14:36

then as is persistent elements of a

14:38

services inflation which mediates within the banks

14:40

themselves and extend anyway and that's not

14:42

falling falling as quickly as the bank.

14:44

A tight Sweden and say snowball is

14:46

fooling. I think the sort of Bank of

14:49

England's worried about that being the sort of persistent

14:51

inflation it starts getting embedded. Into expectations and

14:53

you think that any. Us that

14:55

sunny weather inflation felt before our

14:57

as now for the plateaued so

14:59

I think that I'm getting Disney

15:01

Really worried about decreasing on interstate

15:03

too quickly. And some having the it's

15:05

This inflation embedded in so I think it'll

15:07

just got a little bit more slowly on

15:10

excess eight cups. Lindsay We are seeing mortgage

15:12

rates rise because of these. This this growing

15:14

belief. That it's it's not going to be

15:16

as as a saucer as soon as we

15:18

thoughts as a potential to live in. Priced

15:20

into other markets as well. Yeah,

15:23

I think it largely has because we had

15:25

a rough to dates. Route in recent weeks of

15:27

the market sets up pretty. Closely and committed

15:30

said the answer to that sri.

15:33

Lanka and a lot of people are tight

15:35

for it is different in the Uk, we're

15:37

getting close to that three percent goal for

15:39

than they are the U S and the

15:42

Bank of England. have already said they would

15:44

expect us to get rid of quite close

15:46

to that extent target in the next few

15:48

months and I think that's probably because the

15:50

energy prices kept thousand stats the in April

15:52

so I think it's going to be repurposed.

15:55

That question, if we get close to deep

15:57

sand, what's going to be the response. For

15:59

the month she put. The committee because it's

16:01

continue to say and we can be

16:03

very cautious or or data dependence in

16:05

the investors. Was. Sought to see books. the what? are

16:08

we waiting for? What. Are we looking for here? And

16:10

they've said of course the inflation to. Bounce back

16:12

in the second half little bit higher again. But

16:15

those are still full costs at the moment.

16:17

so I'm I'm a little bit more optimistic.

16:19

On Uk rates are coming down

16:21

and. Little bit more quickly than pets

16:24

they will in the Us we like.

16:26

bit of optimism on Wake helped save

16:28

money of city to be optimistic about

16:30

this one. Earlier this week stems was

16:32

it released. It's fully the A business

16:34

plan. It's admitted that the you case

16:36

worth a regulator off. lots of this

16:38

is the case. Largest was the company

16:40

itself. Sixteen million customers in London on

16:42

the Thames Valley reach and a wants

16:44

to raise bills as much as six

16:46

hundred and twenty seven pounds a year.

16:49

It. Says that it eighth and as the check.

16:51

That vigorously to as much as six hundred

16:54

and twenty seven. Pounds year they get calm down

16:56

if you are in London On the Thames Valley

16:58

reached fifty. Six Hundred

17:00

and Twenty Seven could increase of it

17:02

says that it aims to spend at

17:04

least one point one billion pounds on

17:06

environment, misses us rights and is this

17:08

a lot to get through A answer?

17:11

Let that start with you potential increase

17:13

in bills in your area of forty

17:15

fourth sense. To put that means use

17:17

the you see it customers yourself, the

17:19

of the people you may be going

17:21

out for drink with later. German.

17:24

That sit or they get so it

17:27

it's a scary thoughts on. To.

17:29

To hear about more utility price

17:31

increases. A master. Everything we've had

17:33

over the last two three years.

17:37

And the thing many businesses around the Uk

17:39

were quite rightly be thinking i'm what, when

17:41

is the end of this and and you

17:43

just talk him a bit about interest rates

17:45

and play some of the things you know

17:47

what one of the key things are effect.

17:50

From. The was miss from some

17:52

and you mentioned as system. Now

17:54

it's all about. A Wage

17:57

Inflation and saw this as inflation

17:59

I'm on. Whilst. You. Know

18:01

overall underlying inflation is fooling. I'm

18:03

a faster rate than wage. Inflation

18:06

is still extremely sticky. And to

18:08

give you some perspective in retail,

18:10

tourism, hospitality I'm in. Wages have

18:12

gone off about thirty to forty

18:15

percent over the last two and

18:17

a half years. And.

18:19

To discuss perfect slums far

18:22

outpaces even the so inflation

18:24

rates are more the headline

18:26

ones were released some. I.

18:29

The Bank of England and sizing. I

18:32

guess it's not. Just

18:34

about the utilities a thing. It's also about.

18:38

Wages which is thirty forty percent

18:40

of of most retail on fatality

18:42

larger businesses. And

18:44

are not. That by thing is to the

18:46

key issue and I think when that starts

18:48

to fall faster a a thing that's when

18:50

we can potentially look. I'm

18:53

that's when the time playing and who

18:55

promptly be more comfortable with a lowering

18:57

interest rates on because you cannot have

18:59

an economy where I'm wage increases or

19:01

five six percent per annum because ultimately

19:03

that will then become embedded into the

19:06

main inflation rate of the time. I

19:08

mean it. This is a really important

19:11

point sally isn't It was just a

19:13

rising Bills puts more pressure on people's

19:15

pockets, puts more pressure on their employers

19:17

to raise their wages and it all.

19:19

Just see then it's a complicated be

19:21

on the economy and this is going

19:24

back to times was it is that

19:26

pressure on off point see to allow

19:28

it to increase bills. Oh my

19:30

goodness, I absolutely and we won't know. I think it's

19:32

humid Jane I'm of what's going to come out with.

19:34

it's am. Just as have nice images

19:36

will get to find out medicine how

19:38

much and prices and it's really complicated

19:41

you know because minutes the in a

19:43

wants to keep prices of people in

19:45

it's infancy cognisant. Of Cost of Living crisis

19:47

and at the same time of what Nintendo

19:49

speculate. That and in a wheels into

19:51

better quality services, the workplace and forty

19:53

one investment so he won't like like

19:55

quality service at the question is can

19:58

we pay since September Since that. That

20:00

said, if you want all these things in.

20:02

This, this is what the price you today on

20:04

and at the same honey, both of you gotta

20:06

eat at the scene for the shareholders. the I'm

20:08

lenses at the moment and a lot of that

20:10

sort of death I think expires at the end

20:12

of April. The shareholders are sort of t not

20:15

to sort of put more money in that same

20:17

time of what not to come out with a

20:19

sort of decision on on whether with Tens camp

20:21

or possibly campus twice. About how much. Until James

20:23

I think you've got all these factors at play

20:25

here and it's very very tough to. To juggle

20:27

the most lindsay what we were talking

20:30

about the analyzing the railways over the

20:32

potential for the railways to be nationalized

20:34

is a slightly different with him Fourth,

20:36

or isn't it because this is that

20:39

had to the renationalize would come with

20:41

it. Absolutely staggering bill for the taxpayer

20:43

will that's exactly it. So of the

20:45

the government a committing up the everything

20:48

they can't report this happening to be

20:50

on a still be very keen to

20:52

see a solution. Sounds and between

20:54

existing owners of Thames Water.

20:57

And and there's the end of the

20:59

debt parties t that. but the abuse

21:01

is a nice Rams dividends In a

21:03

normally when you look at businesses dissidents

21:05

or any paid out after a business

21:08

has been able to sister's death after

21:10

business has been able to make the

21:12

necessary levels of reinvestment. and it's business

21:14

as is that's not sustainable than it

21:16

has to cut it's dividends and Incest

21:18

is a very aware of that. They

21:20

will look at the financial statements to

21:22

the business and it's a tough as

21:24

it's a killer than the company will

21:26

be valued accordingly. So I really

21:28

think it's unlikely that of law against.

21:33

Him forefront and wanted raise prices

21:35

by this extends given that they

21:37

are still planning on paying dividends.

21:39

Out see that parent company. In order

21:42

to service see that that serviced so

21:44

I think it it, that's that's gonna

21:46

be an interesting conversation between tenfold migraines.

21:49

Lindsey. Vonn. I'm

21:51

loving this. I quite enjoy that kind of agreement noises

21:53

in the. Background or think we should.

21:55

Also have some some some booing noises if

21:57

you disagree. As nice as it is, a

21:59

lovely. They got out. Columbo Myths says

22:01

solely old bondholders and debtholders to

22:04

take a hit and lose their

22:06

money is Thames Water sales as

22:08

a business? My shit. The general

22:10

public has to pay back the

22:12

debt and bondholders if it's nationalized.

22:14

He says has to be a

22:16

downside risk involved for investors. Keep

22:18

your thoughts coming on that on

22:20

everything and on this because the

22:22

Uk Competition Regulators a sets of

22:25

it's scrutiny of big tax involvement

22:27

in artificial intelligence ai. Yesterday the

22:29

Competition A Markets Authority said. It

22:31

wanted to hear views on partnerships

22:33

between Microsoft and Minstrel ai, Amazon

22:35

and Anthropic and Microsoft recent hiring

22:38

a senior figures from Inflection A

22:40

Ice the all got names haven't

22:42

they like come like apprentice teams

22:45

are Alex Asner, his head of

22:47

Competition and regulatory at Floodgate Low

22:49

Fun Told the program to see

22:51

a name is keen to get

22:54

involved in regulating. The sector is

22:56

very early stage. Well

22:58

I say what? I'm just those

23:01

announcers size is a real an

23:03

absolute determination on the path to

23:05

see I'm a to get involved

23:07

in in the I besides the

23:09

I'd space. Ah unimplicated. Get involved

23:11

early as possible. What? what? What

23:14

it said? It's the camps perfectly

23:16

in it's mouth. So yes those

23:18

whether some of the partnerships between

23:20

Microsoft and on Amazon and Am

23:22

Son I I companies are worthy

23:24

of investigation on the the merge

23:26

control which are specific. Rules which

23:29

allow the see i'm a

23:31

to consider tryouts or transactions

23:33

and whether they are causing

23:35

any competition Law can pose

23:37

any countries concerns or because

23:39

of tyson effects of those

23:42

transactions. right? Celean, we

23:44

got one of those situations that makes me

23:46

glad I'm not in charge of anything that

23:48

max as I got this situation. where Rishi

23:50

see you next wants to make the Uk

23:53

and Ai hub we want to be making

23:55

so that this important and growling technology has

23:57

a base here in the Uk. Honey

24:00

to make sure that it's that it's regulated so

24:02

he needs kind of attracted not put it off

24:04

but also control. It. I'm. Again,

24:06

this is really. Complicated by the for the

24:08

competition economist I'm sort of the it seems

24:10

see I may have saved We've got news.

24:12

Is. To market Sat with a cigar competition

24:15

that I needed. This is the test is

24:17

a San A. To look at these partnerships

24:19

and saying is that was six and

24:21

competition studied merges sort of a partnership

24:23

sort of have an impact for consumers.

24:25

To do they allow the company to

24:27

dominate the market. Today isn't such a

24:29

long term investment in the sector of

24:31

other people come into. They drive up

24:33

prices cause to theme a hard to

24:35

see amazing actually the one thing a

24:38

would it's intended to put. At the same

24:40

time you've got the government say? well we need

24:42

friends. Here in a way that if it's a great

24:44

company, we need to increase Tdp. We need to gray.

24:46

When you prosperity in this country, how do we do?

24:48

That more weeks we get investment we in

24:50

a in high sec fans into This company

24:53

is into this country we try and find

24:55

the next unicorn and we sort of in

24:57

invest in them and of fell on guys

24:59

and we're not going to encourage the sun's

25:01

zenith a standstill that they can't enter into

25:03

these partnerships. There's no the way to sort

25:05

of exit these companies except track. I think

25:07

he's just cause of crackling between competition like

25:09

an issue, the solidly doing what's right and

25:11

it's. It's seen as following up on it

25:13

from duties. But the same time, the governments

25:15

of desperately trying to get get these tech

25:17

companies in this. Country to increase Christ's sake

25:19

I think it's a really made it ethical

25:21

one. I'm not so her when. When

25:24

we'd those say will be what he

25:26

took my uniform as of a startup

25:28

company. sassy that are over a billion

25:30

dollars, that privately owned, not listed and

25:32

a not the mythical beast. Listed

25:35

that the markets response to this from

25:38

the regulator because obviously it really does

25:40

A lot of the Ai developments or

25:42

a release hearing a lot of is

25:44

this tech stocks were it's appearance as

25:47

it did it got lost in the

25:49

noise around earnings that we've seen out

25:51

this week and that's been. Through. The

25:53

bigger driver them tech stocks. Four

25:58

hours as well. And. I'd

26:00

I'd really silly and that this is a

26:02

really important area for the see I'm to

26:05

be looking at. An Ai is is such

26:07

a huge prize for any business if they

26:09

can really dominate that market place that it's

26:11

important that the rules of the game of

26:14

or agreed and this affair playing field for

26:16

participants. I think they're quite right to address

26:18

the states given what we've already seen already.

26:20

In a when you look the iphone software

26:23

or search or anything like that top, it's

26:25

very dominated by as. Tech

26:28

companies from the Us and his dismay?

26:30

no opportunity. For anyone to really challenge

26:32

that Now very interesting is that the

26:34

regulator would be involved so early on

26:36

and on his own. It's five hundred

26:39

days since Chat Cpt was launched in

26:41

the Uk which is is is fascinating

26:43

in the and you I love asking

26:45

different businesses this questions are you using

26:47

a I in what you do. Andrew

26:52

Us. Attorney

26:55

What Will Lum looks back on that

26:57

one hundred I thought he was as

26:59

a we Will Lighten Up and Talk

27:01

about Public finances finish on something Light

27:04

and fluffy solely on Tuesday. So we

27:06

found out that government borrowing for the

27:08

yet some months I came in ahead

27:10

of official expectations. This is, according to

27:12

figures from the Office for National Statistics.

27:15

They said the government borrowed a total

27:17

of one hundred and twenty point seven

27:19

billion with six point six billion pounds

27:21

more than the government's forecasts that had

27:23

predicted. Silly, and I. I think that it's

27:26

always worth going back to basics with. This isn't

27:28

it up? Explained to us what. This actually

27:30

means what government borrowing actually is.

27:33

A yes I think it boring is

27:35

essentially of of aiding. Government taking out alone

27:37

at Xerox in her invest Today or use

27:39

Money today that it basically top pay back.

27:41

So it's the same way if we take

27:43

that married and we want to can buy

27:45

new car looks fine How upset should we

27:47

take a lead and then we basically have

27:49

to pat that's my name's has made sense

27:51

that the government basically have to pay interest

27:54

on that line in a tiny hyperinflation exception

27:56

accidents the Valley of the Line with his.

27:58

Down at the the interest payment doesn't. I

28:01

just a man who is. The line goes. Off

28:03

as encountered that goes out to government has to

28:05

pay more interest on that on and that

28:07

basically means a either needs the boy more to

28:09

pay the interest or it needs to sort

28:11

of more. Bethany coming at you say that some

28:14

from with more taxes etc or if it can't

28:16

cover the same pain meds the A so have

28:18

to play fast as a service that that's when

28:20

it could be completely spending in other areas

28:22

on his came off the back of the ins

28:25

to the I'm I'm a little bit of

28:27

a down on us Recently I've learned from One

28:29

Salaries. They were they were no happy and

28:31

I think likud out. Of the can think

28:33

of alongside a picture with it's resign Him

28:35

in the Us is sort of having see

28:37

you high debt levels i think com an

28:40

awesome delegation supply think that. Forecast incentive

28:42

being ninety two percent on an

28:44

As sensitivity. At the end of the think

28:46

the I'm the decades big ninety eight percent which

28:48

is to be favoured hi there are some other

28:50

countries as for the higher higher ratio to fonts

28:53

example I think is one of them but it

28:55

is pretty high. I think the I mess Sebo

28:57

skies are going into the election at the Main

28:59

and be a bit tamper with yeah you with

29:01

promises during the election on and maybe think about

29:03

what he really can't afford the tenth Avenue at

29:05

this stage though, The King and maybe some other

29:07

sort of promises that have been made and out.

29:10

What about it? Maybe tax cuts nestle show and

29:12

concert? Can you actually really afford that decrease? Eleven

29:14

years old. That cities you're thinking about in a

29:16

nationalizing or or buying things are for investing. Can

29:18

you really afford the that could you be to

29:20

copy personally that much more. So I think it

29:22

is a little bit of a warning made against

29:24

the election that you can't spend the law and

29:26

you comedy which is attacked said anything That saying.

29:29

Please read this is a really important point

29:31

is that because of it or other supposes

29:33

and so with that great closely at the

29:35

at the economic numbers and Butler looking at

29:37

the books that are you we are We

29:40

are looking at everything now through the that

29:42

the prism of heading towards a general election

29:44

and this is might well impact us. Is

29:46

there any parties ability to to either the

29:48

a deliver tax cuts before the election I

29:51

feel the government or promised them afterwards. Yeah.

29:53

Not quite right. admit I did. Sorry pithy

29:55

Jeremy Hunt, be honest and was really hoping

29:57

I think to have more skate for cops.

30:00

Relax and many. I think it's a case of

30:02

damage limitation. Now when you look at the polls,

30:04

that and just let slide, that's going to be

30:06

impossible. Just. Really doesn't have much

30:08

of a little. To do anything significance

30:11

and that the governments will see gonna whoop

30:13

is very fine line to avoid it as

30:15

the the another current sea routes like the

30:17

one we saw to the pilots trust us

30:20

government in in twenty twenty two If if

30:22

we have is confident starts to evaporate about

30:24

our ability to be pay these enormous debts

30:26

and that's when he starts to get an

30:29

impact on sterling thought than has inflation me

30:31

a sex as well say that they have

30:33

got to be quite careful to manage this

30:35

Andrew We are up against the end of

30:38

the first half. The program so very

30:40

briefly I read. Your you're working in

30:42

a business how does your current and attack

30:44

face and level feel especially when we thought

30:46

you we had played it was had a

30:48

lot of business support in recent years that

30:51

has now been sitting on the country. Books

30:53

Now now I'm it's to do

30:55

to give you some perspective on.

30:59

On on our on our tax rates

31:01

and all that will the tax that

31:03

we pay him. And we have corporation

31:05

tax. We are fast, we have business

31:07

rates, we have. Our. National

31:09

Insurance and if you see take

31:11

all about together it's a box

31:14

of twenty percent corporation tax. Twenty

31:16

five. We end up paying about

31:18

forty to fifty percent of Warlock

31:20

gross teachings in the business of

31:22

in tax. To

31:25

to give some perspective on it soon.

31:27

As I said I think a lot

31:29

of people have been talking about that

31:31

the amount of taxation the is. On.

31:34

A retail, hospitality, businesses and

31:37

things like reforming the since

31:39

right systems may be leveling

31:41

the playing field with yes

31:44

on the on line and

31:46

you could say more. Tech

31:48

vibe, operators, And. On businesses

31:51

and I think that this destiny a

31:53

need for some reform and not. However,

31:55

it is a very delicate balance. The

31:57

government has to try and take com.

32:00

Because they want to continue driving

32:02

growth know the she added taxes

32:04

to a. High growth industry

32:06

like tech or web services man with

32:08

will only have you know in effect

32:11

of it may make it fairer in

32:13

the country and but I'm an international

32:15

laszlo. Decrease the competitiveness

32:17

of prisoners attack way I hub I

32:20

feel like we could talk about this.

32:22

the rest the programs. That. We have the

32:24

rest of a program to get three so

32:26

we won't an Andrew Macleod, Lindsay James hang

32:28

around. Lots more to talk about silly and

32:30

horn economics partner at Sad Grant Thornton. Thank

32:32

you so much for joining us. Thank.

32:34

You very much thank thank you. It's

32:36

been an absolute pleasure had to have

32:38

you back foot of a Friday. Panels

32:41

seen lots city getting and huts absolutism.

32:43

He's on this or this question of

32:45

John Lewis publishing his into the questions

32:47

in advance. One person didn't give their

32:49

names as as a cheater said Mencap

32:51

supported internship program. I know the into

32:53

the process put many near it as

32:55

I should people and people with a

32:57

learning disability at a disadvantage and means

32:59

they don't obtain paid employment providing questions

33:02

beforehand with help them So a. Treat

33:04

tenses, keep your thoughts coming this morning.

33:06

Such an interesting topic in wake up

33:08

some money with police to see how.

33:11

Good morning if you're just joining us

33:13

on weight. Helped her money. Welcome to

33:15

Friday. Welcome to a discussion we are

33:17

having about with it when you apply

33:19

for jobs and he didn't into the

33:21

you should see the questions in advance.

33:23

Will be talking about this before six

33:25

o'clock this morning. That is what John

33:27

Lewis has not done. It's published at

33:29

every level of have rolled you can

33:31

apply for it's publish the questions that

33:33

would come up in and insists he's

33:35

trying be more inclusive to give people

33:37

a chance, us to have a look

33:39

in advance and I want. To know

33:41

what you think This morning Steve Fast

33:43

cars considered position. He says he thinks

33:45

it's very positive development many people and

33:47

he says I'm one of them prefer to

33:49

give a more considered response than off

33:51

the cuff and that is what is

33:53

does he employs clients will expect once in

33:56

post T when he makes the point

33:58

that it supports wide up near. The

34:00

Agents in the workplace. And.

34:04

Often it's. Ideas

34:06

and he says that this development

34:08

will tend towards mediocrity. So let

34:10

me know your thoughts this morning.

34:12

Eight Five Eight Five Eight. Do

34:14

you agree with? See those? Do

34:16

you agree with Steve? Now there's

34:18

been a big rise in the

34:21

number shoplifting offenses in England and

34:23

Wales, and facts stand out the

34:25

highest level since records began From

34:27

records began twenty one years ago.

34:29

The Office for National Statistics says

34:31

mountains of four hundred and thirty

34:33

thousand. Offensive were recorded in

34:35

the year to December that is

34:37

up thirty seven percent on the

34:40

previous twelve months. That's just and

34:42

System business. Matthew works in a

34:44

pet shop in Halifax and says

34:46

they're struggling to deal. With the

34:48

numbers shoplifters. Day. Where is pretty

34:51

much the exact same people aegis know if

34:53

I your eyes are drawn to them straight

34:55

away we're looking for girl modern woman came

34:57

in on a call his wife stealing dog

34:59

toys, saw confronted or about them. The man

35:01

was so aggressive to a point where I

35:03

told me they'd be way for me at

35:05

five o'clock when finished work the money catch

35:07

them to do get quite aggressive. I

35:09

mean, that. That said, That aggress in that thread

35:12

that seats into another story with been hearing

35:14

about to is a recent years which is

35:16

increased. Violence and assaults against retail

35:18

workers which of terrible things on

35:20

the figures are at record levels

35:23

for shoplifting that organizations that represent

35:25

retailers say the real forget could

35:27

actually be much higher. That soaked

35:30

Jason Bucks to assert keeper at

35:32

most She's convenience store in County

35:34

Durham and is the immediate past

35:37

President of the Federation of Independent

35:39

Retailers Say some Good Morning. Good.

35:42

Morning. Subtle than what's your personal

35:44

experience at. How often do you think.

35:46

You get surpluses in your store. Songs

35:50

That Does me several times a week

35:52

sometimes daily mostly depends on the them

35:54

a sense of the week busily. And

35:57

of what exactly are they are they taking Have

35:59

a gangster, the high, the county things that they

36:01

just shoving whatever they can in their pockets. So

36:03

where more convenient store and over the years

36:05

or the up in a business Thirty years

36:07

and it's more brazen now. Much more brazen

36:09

where people would try to sneak things into

36:12

into bags and things like that. People now

36:14

just basically take off the shelf and block

36:16

out the don't even try out anymore. Why?

36:19

Why do you think we seeing

36:21

this. This increase. Is,

36:24

I'm still quite staggered by that number

36:26

up thirty seven percent on the previous

36:28

year. Yeah so it's it's consequences

36:30

I believe because basically you know the the

36:32

police in or do respond in our area

36:35

you know the come out the tip statement

36:37

to do all the work destiny know who

36:39

the people ah because I was you the

36:41

regular people offenders so for example yet lot

36:43

less we go out an incident I was

36:46

talking to the the play sets the police

36:48

merely about it on basically see said seats

36:50

are helpless that who don't sixteen a census

36:52

went to court a result the same day

36:54

and summit defenses against. Well when you

36:56

say you talking to the police a

36:59

d ring the police every time you

37:01

encounter shoplifting to the that's multiple times

37:03

a week. I mean you must have

37:05

a noisy can't. Make most

37:07

of it's obvious obviously to be honest and you

37:09

know again with the city's we've got as is

37:11

a federation as well in on all a com

37:13

Japan as well. So what you say in there

37:16

we say that atheism send A is probably much

37:18

higher than that because a lot retailers have zero

37:20

me emails from a small the don't even actually

37:22

reported slavic the sake of is actually really much

37:24

bigger. And I mean I I

37:26

appreciate that you can say the sickest figured

37:28

it would be hard to kenneth he had

37:30

to put on Twitter and actual number on

37:32

it. That it's to do think that pretty

37:35

much every every retailer is is experiencing this

37:37

kind of crime. Out says

37:39

oh yes you know I'll always statistics

37:41

prove that you know retailers also for

37:43

him In or my we have one

37:46

example where a shopping at the same

37:48

membership basically was missing twenty six thousand

37:50

pony up and in you know, incest

37:52

Statistically proven. The. These are independent retailers. I

37:55

mean these are this is not. you know

37:57

some people my incorrectly salads a victimless crime.

37:59

but the of. The small individual you

38:01

know that retailers trying to trying to

38:03

run at a company with very tight

38:05

margins. Absolutely yes and obviously with with

38:07

everything else going on in the world of the

38:09

moment it's it's it's hot out there in your

38:11

on our retailers also for and you know until

38:13

you know with that if it's a fox you

38:15

know that that it is a sexy. Bottom line

38:17

massively slow the we are described as like somebody

38:19

taken your wallet and taken the all some in

38:21

a money upscale your wallet and others you go

38:23

by that stock and in all it's just comes

38:26

to the bottom line. Has

38:28

and this is perhaps and on that

38:30

question but I i i know the

38:32

ie told one of our team has

38:34

it the main thing being stolen his

38:36

laundry powder and nappies be have sympathy

38:38

the app some people are you about

38:40

some of this increase. Is because people

38:43

are struggling with aaron cost of

38:45

living. And of us understand

38:47

the as they fit with a conservative.

38:49

things like that bombs. To be honest

38:51

most of the things that the stolen.

38:53

it's politically Miami's to say substance abuse

38:55

basically to sign the insulin easily to

38:57

older people, not so much stealing it

38:59

for themselves, its tail and to sell

39:01

on to a third party took the

39:04

know to form substance abuse basically. Is

39:06

there anything that can be done what would

39:08

suit you? Were in charge tomorrow or he

39:10

had a a meeting with the government's Mari?

39:12

What would she be suggesting? An

39:15

obscene bit more of a zero tolerance policy to

39:17

where do not the shop theft. It's not, it's

39:19

not a victimless crime. In other is there is

39:21

enough for the victim at the end of the

39:24

day and you know with them and I think

39:26

like said that the doesn't have any consequences, no

39:28

limits to be consequences for for the sleep. So

39:30

these people's actions you know. Or

39:33

Jason. Thank you so much for joining us and

39:35

and telling us what you're seeing as an industry

39:37

and as a as an individual shopkeeper. Thanks for

39:39

joining us. Know. From I kept thinking.

39:41

In assessing back shopkeepers more she's

39:43

convenience store little says previously from

39:46

the Federation of Independent Retailers and

39:48

interesting thoughts on this coming through

39:50

lump us and suggesting that temps

39:53

as that vandalism is the worst

39:55

crime. Than shoplifting do to keep your.

39:57

Thoughts coming this morning and Greg Palmer

40:00

said that on this question of whether

40:02

you should get that the questions are

40:04

headed your job interview he says no

40:06

no no to questions in advance. Randy

40:08

role which requires thinking on the feet

40:10

which is the majority of jobs. Thank

40:12

you very much for that. I'm and

40:14

Steve on that question of whether he

40:16

agrees a stable sees as I agree

40:18

with Steve, this is all getting a

40:20

bit much. This body is the I'm

40:22

going to leave that one Bow Outlets

40:24

outlets. Leave that and talk about heck

40:26

because it's been a tale of tech

40:28

giants that we've had some. Impressive results.

40:30

The Tech stocks In a a

40:33

big week for financial reporting, an

40:35

overnight alphabet announced profit of twenty

40:37

Three Point Seven billion dollars which

40:39

is and seen point Nine billion

40:42

pounds that was on revenues Eighty

40:44

Point Five billion dollars. Understandably that

40:46

cause says to jump by more

40:49

than twelve percent of the tech

40:51

giant credited growth in cloud computing

40:53

you tube online search advertising. Still

40:55

with me this morning is Lindsay

40:58

James investment strategist at Quilter. Investors

41:00

at Lindsay This is.

41:03

Have a seat of the huge huge. News. But

41:06

also a fuss at it's dividend for

41:08

alphabet. Shareholders are some people might be

41:10

surprised to set to know that this

41:12

is this is the first time that's

41:14

happened here. that's right will. We had

41:16

Messer announcing a dividends and quite recently

41:18

to that they aren't the first of

41:20

the make a cup tech companies to

41:22

go down this rate and then that

41:25

may be restarted. It is suggested conversations

41:27

needed to be hard but it's pretty.

41:29

It's pretty small dividend but nevertheless they

41:31

said that they go to making quarterly

41:33

payments going forward sais start. They've also.

41:35

Announced the seventy billion dollars share

41:37

buyback. To say they are cysts.

41:40

It's do seem more shareholder friendly

41:42

policies if you like. Now a

41:44

big focus as we were saying

41:46

earlier, his size on artificial intelligence.

41:48

What are we seeing the from

41:51

Alphabet on that? What It's really

41:53

boosted the growth rate is that

41:55

south Division quite significantly. Now it's

41:57

I think that been seen as.

42:00

The Report: Com Foods a competitor

42:02

offerings that Amazon and Microsoft. Am

42:05

in any time soon change

42:07

ability of as that division

42:09

which is that to the

42:11

contrary. Polls so it's really seems to

42:13

be the main driving. Point now of

42:15

of profits aren't great not elites.

42:18

And out the that little say

42:20

Microsoft much past selves last night

42:23

as well. Yes, Microsoft of beat

42:25

expectations. The third quarter revenue ending

42:27

March up seventeen to sense it's

42:30

a little. Pretty.

42:32

Impressive results. We saw that some

42:34

tell me what we saw. Yeah,

42:36

that's right. So they had revenues

42:38

that they're good at. Seventeen percent

42:40

earnings per share came in around

42:42

four percent heads of analysts' expectations

42:44

and that's he was really driven

42:46

by similar practices and acceleration. So

42:48

that cloud division answer that? The

42:50

broader Ai offering city like now

42:52

Microsoft I think have been one

42:54

of the earliest neighbors and integrating

42:56

a I into that their. Products.

43:05

Stone. And I'm pleased to see. And

43:07

actually we had sat in a dollar

43:09

coming out and saying that the take

43:12

up his copilot switches s of the

43:14

A I add on to the windows

43:16

experience has been the fastest laden don't

43:18

fit for new product and they forecasted

43:20

this continued growth and disrupted to be

43:22

the similar pace said the stock price.

43:24

We actually have to market trading be

43:26

pretty strong rise about four percent. I

43:28

was genuinely sad that that wasn't a

43:31

little animated paperclip kind of popping up

43:33

and give a gift giving you submit

43:35

since hospitalized or helps omits. It's not

43:37

just those two biggies had snapped.

43:39

The owner is the site I

43:41

messaging apps nuts, snapshots, not. Beat

43:43

Wall Street's expectations for cool city

43:46

residents and use a growth

43:48

on Thursdays. And revenue with one

43:50

point two billion dollars for the

43:52

first quarter ending March Thirty first

43:54

that was up twenty one percent.

43:56

What is behind that? will it

43:58

either? I think. really. we've seen

44:00

across the whole tech sector in

44:02

the last week is the greatest

44:04

is incredibly strong on it's coming

44:06

through really on the bus. Cause

44:09

sleeps forward in technology which

44:11

really use as a starting

44:13

to embrace quite broadly. So is

44:15

be reassuring week I think for investors

44:17

that across the board in back cut

44:19

second us and really we need to

44:21

see this but it's we had sally

44:23

weak signals as. Gdp growth coming

44:25

out from. The U S Ad in the

44:27

last twenty four hours and is a little bit

44:29

me is soaring I think. See that. Actually, corporate

44:31

earnings growth has been says strong. Let's

44:35

talk about mining as as a

44:37

potential mega mods in the mining

44:39

industry the world's number one mining

44:41

company. B H P is. Nothing

44:43

to buy the Uk based Anglo

44:45

American for roughly thirty one billion

44:48

dollars. This is the front page.

44:50

Of the S T this on Isis or

44:52

such one billion pounds of the concert the

44:54

F T be at peace. Such one

44:56

billion pound officer Anglo prompts backlash

44:58

from South Africa and investors Says

45:00

the S T it makes the

45:03

front page of least times business

45:05

pages as well as big a

45:07

shakeup. Could that be to the

45:09

the global mining industry mice? I'll

45:11

be up the enormous to be

45:13

honest. yeah it's a huge steal.

45:16

It would make them the biggest

45:18

supplier of called copper globally. So

45:21

yeah would be up see in op's the haven't seen

45:23

a deal of this size. Probably.

45:25

Ten years in a suitcase, three that is

45:27

a huge S and I suspected this pricey

45:30

that it is not going to be successful.

45:32

But this is really like an opening gambit

45:34

I think was some of the competitors as

45:36

well as a yes I'm and from shareholders

45:39

I the summit some of the shareholders pull

45:41

this off the T Nis there is a

45:43

bit of a bit of a push but

45:45

why is that what is? Because angler Americans

45:48

had a pretty poor Martha eighteen months from

45:50

the production perspective and that smith said price

45:52

quite depressed When it's it's it's like mine

45:55

is T. S now within the mining

45:57

sector. This a few that copper is

45:59

the great. Like is going

46:01

to be a major source of great

46:03

across the industry and Anglo American his

46:06

got some very attractive Ca process but

46:08

on in South America sites they that's

46:10

really what that V and Vi speach

46:13

people be eyeing and within the portfolios.

46:15

That given the share prices have this week

46:17

run that isn't production. I think that lets

46:19

really tried to and takes out his point

46:21

in time. If it goes ahead

46:23

a it's not necessarily going to be

46:25

great. Nice. The London Stock Exchange Anglo

46:28

is in thus the top thirty club.

46:30

That I mean this could potentially lineup

46:32

to become a another blaze for the

46:34

Elysee. yeah that would not be kidneys

46:37

of. The London Stock Exchange but. It

46:39

only way of if will away from

46:41

that happening at this point in time

46:43

and Bhp did use to be listed

46:45

in London but now it's got it

46:47

is Sydney listing say yet? would it

46:49

would see Anglo answer disappearing as well

46:52

from from the London index and that

46:54

would be a shame that am in

46:56

a when we lifted the likelihood of

46:58

their see know what this major obstacles

47:00

for example South African a public investment

47:02

fund is the biggest holder of Spam

47:04

and Glades and they are against to

47:06

stay only that they've already come out

47:08

and set. Assets Lee sang as a

47:10

lot of obstacles before we get them.

47:12

Thankyou! Lots more conversations and away cups

47:15

of money to cover my feels right.

47:17

Let's have this conversation. I've been looking

47:19

forward to this all morning. John Lewis

47:21

is going to make questions for need

47:23

candidates available online ahead of inches. In

47:26

fact, they are online after having a

47:28

look at them. This is part of

47:30

a joy to sell labor shortages and

47:32

give people who may be struggle with

47:34

interviews a fair shot at getting jobs

47:37

that they could excel in a. Year

47:39

and eat people have been getting in

47:41

touch to sort of suggests that perhaps

47:43

that's a really good thing. If if

47:45

an interview is something you struggle us

47:47

that doesn't necessarily mean that you'll be

47:49

bad at for council being on the

47:51

shop floor or managing the computer systems

47:53

behind the scenes let's talk to each.

47:55

Have Ahmed his Ceo of employability which

47:57

helps companies employ near a divergence stuff.

48:00

Good morning. Good. Morning Sir

48:02

say thank you for joining us. I mean

48:04

this is this is really interesting. Isn't it?

48:07

because some John Lewis is essentially saying that

48:09

that that purpose of this they say into

48:11

you can feel daunting particularly for people to

48:13

in your diverse nerds can seriously impact performance.

48:16

and and they say that this gives them

48:18

the best chance of finding the right person

48:20

for the role. Is this something that you

48:23

would welcome. And

48:26

yeah I mean look I think that

48:28

it's it could potentially be a good

48:30

me to help those who might find

48:32

too much very nervous into these as

48:34

he might not take while with it

48:37

unexpected questions. but I think from our

48:39

perspective I think what we really have

48:41

to think about were looking at these

48:43

kind of at says at it and

48:45

global approach is a she like is

48:47

that if you haven't yet divergence was

48:50

you have mental health, condition or any

48:52

other disability than at she's the adjustments

48:54

he might need need. To the individualized

48:56

seat is things like an interview and

48:58

I think it's really important to separate

49:00

out normal love which a lot of

49:03

people have during and see some more

49:05

than others vs. bought the and needs

49:07

might be a house he might be

49:09

impacted because of that. he had as

49:11

as it so disability so I think

49:13

was potentially it's an interesting mean that

49:15

that has it's a good made I

49:17

think that is John Lewis know that

49:19

I say says her thinks I'm doing

49:22

something similar, was willing to sell. Think

49:24

about what other sorts of adjustments. For

49:26

example, by doing this, will it make

49:28

it look at, make the standards even

49:30

hi? What into is insane People think

49:32

law. They see the questions before say

49:34

weeks that a high level of performance.

49:36

Is that something that's going to happen?

49:38

My that's interesting. I mean the chemicals

49:41

asked follow up questions that would would

49:43

prob the candidates answers this to think

49:45

one of the challenges of this is

49:47

that people will. Take

49:49

down the the questions, rehearse some answers and

49:52

and simply sit there and toss out kind

49:54

of. The answers that they practice that they

49:56

were has didn't necessarily reflects a you know

49:59

that sort of. The the did the

50:01

truth about. How they would form. And.

50:04

I think that's the way to get. Was

50:06

like a any interview in an interview as

50:08

a bit it was has the option of

50:10

day slots and hey we'll have a husky

50:12

they ate the isn't that of classes aren't

50:14

they see the lots of hey let and

50:16

then we go to say answers. I wasn't

50:18

necessarily mean that you're the best candidate for

50:20

the role, but you're the best. What says

50:22

he answered questions in that way and I

50:24

think in this situation I think it gives

50:26

people even more of an option to in

50:28

a sense to mug up. They're all says

50:30

maybe it's had Cpt or whatever whatever they

50:32

want to do but said he did. It

50:34

hit the of course it makes sense people

50:37

to read the classes and to rehearse answers

50:39

and see learn answers and to reproduce them.

50:41

I think that would be a normal thing

50:43

to do. I think from my perspective you

50:46

have near divergence mental health, other disabilities. It

50:48

means that that might disadvantage eg. not Sunday

50:50

who a good at the bloody and the

50:53

dedicating their belief off as an interview and

50:55

to the point of more paid in question

50:57

is yes I know they said they would

50:59

off more probing questions issue with some he

51:02

has. it's just let the answers. But

51:05

again with my has home thinking about

51:07

it as soon as we help with

51:09

the the applicants that we helped to

51:11

this process. If. You have

51:13

Autism for example A you'll be

51:15

ask probing questions easily answered. The

51:17

question is that that that mayfield

51:19

harder that may feel that you

51:21

let you don't be trusted and

51:23

that might feel more daunting for

51:25

some people. Think

51:28

that we're getting best as I did

51:30

this so that we're getting battered insists

51:32

I remember what am I will My

51:34

very earliest settlers and job I was

51:36

so I was on a on an

51:38

interview board interviewing graduates who were coming

51:40

into the company and to over hyping

51:42

coming here. Is the company and one of

51:44

them sort of a very very nervous and

51:46

he wasn't even great answers. And the head

51:48

of the company who is that the main

51:51

Bostonians these are not a huge size walked

51:53

over to the window and just stood there

51:55

watching the traffic. While this this this poor

51:57

kid in front of me was just having

51:59

a sort of meltdown because that at a

52:01

certain type of have ended is used to

52:03

be much to intentionally press it and perhaps

52:06

with meeting away from that. I

52:09

think that says he has a day with the as like

52:11

remember back a set of sad my thigh when I was

52:13

in. Would keep it's a bank so so on and

52:15

that was says he attacked if he sees how uncomfortable

52:17

can we make this attitude and. See if they

52:19

survive. I'm so I think that this

52:21

example given that puts up. I think

52:23

that with that more commonplace before and

52:25

it is becoming. I

52:28

suppose as a time there, but I in

52:30

the ways. Also, vestal people don't perform well

52:32

actually putting them under pressure like that Saturday

52:35

I want to get them best Aspen Advocate.

52:38

Oh. Oh think with law said get out

52:40

the you he didn't do as know what we

52:42

did it it's we were almost lot of time

52:44

I can't I just very very very quickly. I'm

52:46

Angie Mcleod still with us putting you on the

52:48

press runs because we're up against the clock on

52:50

which you would you consider This is something the

52:52

something you might do. Authentic

52:56

One Hundred Dollars have finally is

52:58

is it a positive? I

53:01

think it's a positive with the caveat, I

53:03

think when it comes near a diabetic disability,

53:05

implicit ability to think about other adjustments, their

53:07

money to make things like dealt by about

53:09

the body language and and make sure that

53:11

you're hearing what they wanna say as have

53:13

hit a dead thank you so that is

53:15

that is what my for and surface and

53:17

into that the pretty harsh wouldn't cussing of

53:20

top amen brother employability. Thank you so much

53:22

Psyche Sicilian Horn thank you to answer it

53:24

Mcleod does it from way testimony. Which

53:26

helps the money. Pipeline.

53:32

That's it from Wake Up the Money stance

53:34

against the thrive on Btc so early that

53:36

you're focused and when you do with less

53:38

efficiently that's arisen Signal for comes makes us

53:40

any time on social media he's in the

53:42

hundred we have to.