

The Bottom Line
BBC Radio 4
The definitive business podcast from the BBC. Each week, the BBC's Evan Davis is joined by bosses, entrepreneurs and industry experts, to lift the lid on how their businesses work, and what it’s like to be in charge. They discuss a big issue, a big challenge, or a big question facing their industry. From managing AI to managing millennials, from supermarkets to supercharging a new product.And our guests will share their stories of success and failure along the way. Podcasts are published every Thursday. And as well as being a podcast, we are also available every Thursday afternoon and Tuesday evening on BBC Radio 4. You can now also listen to The Bottom Line on a smart speaker. If you want to listen, just say "Ask BBC Sounds to play The Bottom Line”. It works on most smart speakers.The Bottom Line has published a spin off series - Decisions That Made Me - where Evan asks entrepreneurs and business leaders about the most crucial moments in their lives and careers. You can watch these episodes here: https://t.ly/oJ8lW. Got a question or a comment? Get in touch with Evan and the team on email at bottomline@bbc.co.uk.The Bottom Line is produced in partnership with The Open University and is an EcoAudio certified production.
Episodes
Mentioned books

Mar 18, 2021 • 28min
Hydrogen future
It’s all around us and has pride of place in the periodic table. Hydrogen is the number one element. For decades it’s been hailed as a potentially cleaner alternative to the fossil fuels which power heavy industry, our homes and transport systems. But hydrogen from renewable sources has never quite realised its potential. It's expensive to produce. However, as the UK now has targets to cut carbon emissions, green hydrogen may have a major part to play in the clean-up. Evan Davis and guests discuss the business of hydrogen.Guests:
Eugene McKenna, from the chemical giant, Johnson Matthey.
Dr Laurie King, Fuel Cell Innovation Centre, Manchester Metropolitan University.
And Andrew Cunningham, managing director of Geopura, a green hydrogen energy supplier
Producer: Lesley McAlpine

Mar 11, 2021 • 28min
How to set up an EU subsidiary.
Since Brexit, many companies have had to set up a subsidiary operation in the EU to continue trading. What are the rules, regulations, pitfalls and costs? Evan Davis hears the experience of three very different businesses, in sectors ranging from tights to cheese to architecture.GUESTSBrie Read, founder and CEO SNAG GroupRoss Hutchinson, founder and principal director, Hutchinson & Partners, architectsSimon Spurrell, founder and CEO, Cheshire Cheese Company

Mar 4, 2021 • 28min
The Satellite Business
The government wants to boost the UK's growing space industry through its £400 m investment in satellite communications firm OneWeb. The company is a pioneer, launching satellites in Low Earth Orbit with the aim of providing broadband to under-served areas of the globe. But there are rivals, Elon Musk's Starlink Constellation being the best known. So is the UK investment in OneWeb a moonshot moment? Evan Davis and guests boldly go into discussion over what happens when you combine cutting-edge technology with uncertain business outcomes - and whether the state should be involvedGuests:Professor Marek Ziebart, UCL
Chris McLaughlin, OneWeb
and Carissa Christensen, CEO, Bryce Space and Technology
Producer: Lesley McAlpine

Feb 25, 2021 • 28min
The Reddit Revolutionaries
The rush on shares by individual investors, into struggling US video game store chain Gamestop was portrayed as an attempt by a new breed of retail investors to thwart hedge funds which were shorting the stock. Some investors won big, others lost everything and one hedge fund, Melvin Capital, lost half of its $13bn fund. Was this really a David and Goliath fight, signalling a win for retail stock pickers, collaborating on social media platforms like Reddit? And has it changed the future of investing? Evan Davis and guests discuss. GUESTS
Holly MacKay, Founder and MD, Boring Money
Jack Inglis, CEO of Alternative Investment Management Association (AIMA)
Mo and Danny, Online retail investors

Feb 18, 2021 • 28min
Net Zero in the house
What are the business opportunities in turning our old housing stock green? The UK has some of the least energy-efficient housing in Europe – most of it built before environmentally efficient design was regulated. It’s estimated around a quarter of the UK’s total greenhouse gas emissions come from the energy we use for heating, lighting or running appliances in our homes, public buildings or workplaces – and energy used in our homes is the most significant source.How soon can heat pumps, solar panels and better insulation around the house help the UK Government achieve its net-zero emissions target by 2050? And will this ramping up of energy efficiency measures really lead to a green jobs revolution?Guests:Dr Sara Walker, Director of the Centre for Energy, Newcastle University
Neil Hargreaves, Managing Director for Northern Europe at Knauf Insulation
Phil Hurley, Managing Director of Nibe, one of Europe's leading manufacturers of renewable energy products
and Barry Hughes, homeowner at Springfield Meadows - an estate of carbon zero houses.Presenter: Evan Davis
Producer: Lesley McAlpine

Feb 11, 2021 • 28min
The Covid Hangover
What are the long-term implications for the Covid crisis for the British economy. The government has borrowed more money over the last 12 months than ever before in peacetime. The ratio of public debt to national income is above 90%. If it rises even further do we need to worry? How will the chancellor manage the economic pain caused by coronavirus? What will it mean for tax and spending - and is there a route back to growth? Evan Davis and guests discuss.GUESTS
John Kay, economist, author, consultant
Dame Minouche Shafik, director of London School of Economics and Political Science, former deputy governor of the Bank of England
Gemma Tetlow, chief economist, Institute for GovernmentProducer: Julie Ball
Editor: Hugh Levinson

Feb 4, 2021 • 28min
Return to Brexit
Almost five years ago on The Bottom Line - just before the EU referendum – debated the pros and cons of being in the EU. In a tribute to Radio 4’s The Reunion, the programme has reassembled most of the original contributors to get a sense of whether hopes and fears have been delivered. From current customs glitches, aspirations to increase UK global exports, to Brussels red tape versus ease of trading in a European Single Market. What do guests think now?Joining Evan Davis will be:Jon Moynihan, venture capitalist
Rachel Kent, head of financial services regulation at the law firm Hogan Lovells
Julia Gash, artist and entrepreneur
and Christopher Nieper, managing director of clothing manufacturer David Nieper

Dec 11, 2020 • 28min
Competence
From the NHS Test and Trace Service to the lack of PPE at the start of the pandemic - both projects branded as having been incompetently delivered. But do we fail to notice the constraints their senior leadership team operate under? Evan Davis and expert guests discuss why some big public projects like the London 2012 Games went well. While others, like Crossrail, get bogged down in delays and a budget overspend. Just how is competence measured and delivered?Guests:Sir John Armitt, Chair of the National Infrastructure Commission, former Chair of the Olympic Delivery Authority
Dame Jackie Daniel, CEO of Newcastle Hospitals NHS Foundation Trust
Justin King, former CEO of Sainsbury's, and Vice Chair of Terra Firma

Dec 11, 2020 • 28min
Sector Shutdown
How are industries like live music, travel, conferences and events coping with the pandemic recession - and what plans do they have for survival? These business sectors have been hit disproportionately hard by the dramatic changes in our ways of life. In a programme recorded before the recent announcement of an apparently successful vaccine trial, Evan Davis discusses with business leaders from across these industries.
Producer: Julie BallGUESTSTim Hawkins, Chief Strategy Officer, Manchester Airports GroupCharlotte Gough, Divisional Director, Corporates, MCI GroupPeter Marks, Chief Executive, The Deltic Group

Nov 5, 2020 • 28min
Commercial Property Wars
Commercial landlords and tenants are at odds over unpaid rents due to the pandemic. Many retail, hospitality and leisure businesses are suffering acutely. Most have landlords who collect rent for their premises. In turn, many landlords have to pay interest on their loans to the banks. The pandemic is upsetting that delicate financial balance. It's estimated that billions of pounds is owed to landlords in unpaid rents. Threats of legal action against tenants are hitting the headlines. Just who should take more of the financial hit - commercial landlords or their tenants?GuestsEdward Ziff, Chair and CEO of Town Centre Securities, a property investment firm
Mark Dixon, CEO of International Workplace Group, which rents, develops and sublets office space
and Charlotte Heyes, director of the small pub chain, Common and Co