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BBC World Service
The daily drama of money and work from the BBC.
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Dec 23, 2022 • 49min
Review of 2022
Business Daily reviews one of the most important 12 months for the world of money and work on record. Big economic news has dominated in 2022. We saw war break out in Europe, record high energy, fuel and food prices, increasing interest rates and in parts of the world total financial meltdown.We look at how Business Daily reported 2022 and spoke to the people at the very sharp end of how the economy has changed lives over the past 12 months.We hear from businesses right across the world in sectors struggling with prices rises and increasing costs, from the people trying to escape or rebuild broken economies and from those who are harnessing new technology and an ever changing work environment to make money or push for change. We also saw many sectors bounce back post-Covid, the return of travel and tourism to many countries, sporting events were once again played to full capacity crowds and festivals, concerts and cinema bounced back as audiences came back and spent their cash.We also look to the year ahead and what might be in store in 2023.Presenters: Leanna Byrne and Rahul Tandon
Producer: Izzy Greenfield
Editors: Carmel O'Grady and Helen Thomas

Dec 16, 2022 • 19min
Money jobs: Inside the auction house
It’s the last episode in our five-part Business Daily series all about high-value, high-transaction jobs you might read about, see on the TV or glamorised in films. In episode five, Leanna Byrne interviews some of the oldest and most well-known auction houses in the world.Bruno Vinciguerra, chief executive of Bonhams, tells us how auctioneers determine what’s worth auctioning off and what’s not.Jenny Lok, head of business development and operations at Poly Auction Hong Kong, tells us what the day in the life of an auctioneer is really like.And Kelly Crow, staff reporter for The Wall Street Journal, gives an insight into who’s buying all of this really expensive stuff.Presenter/producer: Leanna ByrneImage: Jenny Lok; Credit: Poly Auction Hong Kong

Dec 15, 2022 • 18min
Money jobs: The reality for realtors
This is episode four of our Business Daily series all about high value, high transaction jobs you might read about, see on the TV or glamorised in films. And in this episode Leanna Byrne looks at the reality for those people who's job is to sell or rent some of the most expensive homes in the world. If you’re a fan of Selling Sunset or Million Dollar Listing, with the estate agents as slick as the homes they're selling, then you’re going to love this episode because it lifts the lid on what it’s really like to do these jobs.Leanna speaks to Hong Kong estate agent Letizia G Casalino, director of Real Estate of OKAY.com about the market there, and why realtors in Hong Kong are expected to do a lot more that just sell. Vivian Chong is a real estate agent in Singapore and tells us about some very exclusive properties and Anna Klenkar, is a real estate agent with Compass, and she's been making TikToks all about the realities of the New York property market.Presenter/producer: Leanna Byrne
Image: Contract signing; Credit: Juan Manuel Brest

Dec 14, 2022 • 19min
Money jobs: The truth about trading
We all love a good financial film, we might not all fully understand what’s going on the whole time, but they’re always really intense with a make or break ending, but is working as a markets trader really like that? This is the latest episode from our Business Daily’s series on high value, high transaction jobs you might read about, see on the TV or glamorised in films. In episode three Leanna Byrne looks at how some of the most famous financial films depict working as a commodities trader and compares that with what a real life commodities trader, Warren Goldstein, tells us about working in the industry. If, even as your read this, you’re thinking hang on what’s a commodity trader? Don’t worry, Katie McGarrigle, show host for Options Trading Concepts Live on the tastylive network, is our jargon buster for this episode. Presenter/producer: Leanna Byrne
Image: Traders on the floor; Credit: Getty

Dec 13, 2022 • 18min
Money jobs: Cashing or crashing with crypto
Crypto is a tricky business. Chances are, you know someone or know of someone who's made a bit of money with crypto, and that you’re not too far removed from someone who’s lost money too. This is episode two in the latest series from Business Daily, all about high value, high transaction jobs you might read about, see on the TV or glamorised in films. In this episode, Leanna Byrne asks author, speaker and content creator Layah Heilpern what it's really like investing in Bitcoin. Abhishek Sachdev, chief executive of Vedanta Hedging, a traditional trader tells us why he's ring-fenced some of his personal investment fund for crypto trading and Matt Brighton, a property investor, tells us he learned some hard lessons trading crypto. We also find out that trading isn’t the only way to get involved in the crypto market. Solicitor Charlotte Hill, works at the international law firm Pennington Manches Cooper has been taking on a ballooning caseload coming out of the crypto space. Presenter/producer: Leanna Byrne
Image: Bitcoin logo; Credit: Getty

Dec 12, 2022 • 19min
Money jobs: Making money on the tables
Ever thought about quitting your job and playing poker for a living? Well, today we find out what it’s really like making your living on the tables. This is the latest series from Business Daily, all about high value, high transaction jobs you might read about, see on the TV or glamorised in films. In episode one, Leanna Byrne interviews professional poker player Dara O’Kearney. Dara explains what a day in the life of a professional poker player is really like and warns, if you’re playing poker professionally, every player goes through what’s known as upswings and downswings.We also switch sides and find out what it’s like working as a croupier in a casino. Stefano Melani works for Centro Formazione Croupier, which trains croupiers for casinos across Italy, somewhere with one of the worlds largest gambling sectors. He lets us in on the glamorous and not-so-glamorous side of the casinos. David Schwartz, an academic and gambling historian based in Las Vegas, Nevada, gives us the macro perspective on the gambling industry, detailing the rise of gambling towns across the world. Presenter/producer: Leanna Byrne(Photo: Poker table; Credit: Getty images)

Dec 9, 2022 • 18min
The rising stars of football and their money
The World Cup is a catwalk of footballing talent. Lesser known players are thrust into the spot light and launched onto the global soccer scene often with an enormous increase in wages. But how much do those young, impressionable players know about personal finance? We've all seen the stories of high profile players blowing their fortunes and ending up bankrupt, and players in the English Premier League can expect wages of around $10million a year. In this episode we hear from two former footballers who now help others manage their money. Swedish footballer, Philip Haglund tells Sam Fenwick how difficult it is not to spend on expensive items when the first pay cheque comes in, and former Manchester United and France International, Louis Saha, explains why players can be overwhelmed by how much they earn and what he’s doing to try and help current and former athletes manage their finances better.Presenter/producer: Sam Fenwick
(Photo: Cody Gakpo of Netherlands vies with Tyler Adams of USA. Credit: Getty Images)

Dec 8, 2022 • 19min
Toy trends: Are people still spending?
Christmas and the holiday season is a crucial time for toy retailers, and hopes will be high for sales to return to pre-pandemic levels. But with the rising cost of living, we find out if families will be cutting back on toy spending this year - and look at the toys topping the popularity charts. We'll also find out how much does TV and film influence the types of toys in demand.Frederique Tutt from market research company NPD group explains the trends in toy sales, and how the type of toys that people are buying is changing.Elizabeth Hotson visits the DreamToys event in London, organised by the toy retailers association. She speaks to Paul Reader, the chair of the DreamToys selection committee about what’s making the top 10 toys list this year.Hedley Barnes, senior vice president for International from Spin Master, the company behind both the Paw Patrol TV series and toys, explains the valuable link between the show and the merchandise.Also on the list are Rainbow High Dolls – Sarah Taylor is managing director, UK and Ireland, for MGA entertainment, the company behind the dolls. She tells Elizabeth why diversity, which they champion, appeals to families.And Alan Simpson, chair of the toy retailers association, says he expects a lot of the ‘old favourites’ like Lego, Barbie, Monopoly and Play Dough to still be really popular.Presented and produced by Elizabeth Hotson (Image: A toy in a Christmas box. Credit: Getty)

Dec 7, 2022 • 18min
What's happened to the titans of big tech?
Big tech is facing a big moment. With plummeting stock prices, and mass lay-offs, the likes of Google, Twitter and Meta are all - for different reasons - facing some tough questions over how they're being run. Some see this as primarily a result of post-pandemic blues, the rise in interest rates, and a general cost-of-living crisis affecting the business environment. However, Twitter and Meta especially have seen wholesale desertions by a number of major advertisers, worried about the regulation of hate speech, and therefore by association the safety of brands' reputations.Does this mark a deeper crisis for the ad-based business model of the major social media platforms? And what can they do about it? Presenter / Producer: Ed Butler
Image: Phones; Credit: Getty

Dec 6, 2022 • 19min
Nollywood: Nigeria's billion dollar film industry
Nigeria’s film industry, known as Nollywood is the second largest film industry in the world and has overtaken Hollywood in terms of the quantity of films produced – with an annual output of over 2,500 films.In the early 1990s, the industry was infamous for its low budget, low production films – all of which went straight to VHS cassettes and DVDs, with actors and filmmakers often running at a loss.However the past decade we've seen Nollywood grow exponentially and the industry now dominates streaming platforms across Africa and in the diaspora.Filmmaker and distributor Moses Babatope tells us local languages and mythical storylines are the secret of Nollywood’s new found success, coupled with improvement in expertise whilst veteran actress Kate Henshaw says the industry has come a long way since she first graced the screen.Adunni Ade a first time executive producer is of the opinion more can be done to incentivise the growth of the industry and Nigeria’s biggest film producer Kunle Afolayan advocates the need for improvement in production capacity.Presenter / producer: Peter MacJob
Image: Actors on set; Credit: Adunni Ade