Business Weekly

On this edition of Business Weekly, we’re looking at BP’s latest results. The energy giant made a profit of $12.8bn last year - thanks mainly to surging oil and gas prices. This comes after a loss in 2020. We hear why some are calling for a ‘windfall tax’ - a one-off charge that would then be channelled to help struggling consumers battling price rises. We hear the response from BP, and comments from Connor Schwartz at Friends of the Earth and Tom Wilson from the Financial Times. Staying with rising bills, the BBC’s Tamasin Ford investigates the cost of living in different parts of the world. She hears how it is calculated and how increases in everyday essentials impact people in different ways. Also on the programme, we enter the world of fashion, and hear how some apps are trying to increase the sustainability of the industry by encouraging us to buy or rent second-hand. We get a tour of the technology from the BBC’s Justin Rowlatt and his daughter, Zola. Turkey is a country with soaring inflation. The currency has lost some 50% of its value in a year. Although this means day-to-day life in the country is hard, it does make it an attractive destination for tourists, who will find their money goes further. The BBC’s Victoria Craig talks to visitors in Istanbul about how they’re getting more value for money, and visits traders in the Grand Bazaar. Finally, Sasha Twining meets ‘Buddy’, a robot pet dog designed for those living with dementia. She speaks to the Chief Executive of Ageless Innovation, Ted Fischer, and hears how the interactive dogs and cats can respond to their human owners and could help those who feel lonely or isolated. Business Weekly is presented by Sasha Twining and produced by Matthew Davies.