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World Business Report: First broadcast 17/03/2020 22:32 GMT: UK government pledges emergency cash to help businesses

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UK government pledges emergency cash to help businesses

First broadcast 17/03/2020 22:32 GMT

First broadcast 17/03/2020 22:32 GMT: UK government pledges emergency cash to help businesses

BBC World Service - World Business Report, UK government pledges emergency cash to help businesses

An "unprecedented" set of financial measures has been announced to help the UK economy

The British government tries to shore up the UK economy in the face of the coronavirus outbreak, with a rescue package worth hundreds of billions of dollars. We hear from the BBC's Andrew Walker. As Germany closes its borders with neighbouring countries France, Austria and Switzerland, to all but commercial traffic, our reporter Eric Graydon speaks to businesses in Berlin. As more businesses move to cashless payments, we look at the future of the technology. Cafe owner Ross Brown of Brown's of Brockley tells us why he's so enthusiastic about the move. Richie Torres is New York City council-member for the Bronx, and explains why he introduced a bill making it illegal for businesses in New York to go cashless. And Claire Bogusz, a researcher at the Stockholm School of Economics tells us why Sweden is at the forefront of cashless payment systems. Plus, with swathes of the community staying home, there could be a much greater need for food deliveries. Could restaurants step in with new takeaway services? We speak to Bloomberg's restaurant critic, Richard Vines. Picture: UK currency by Nicolas Economou/NurPhoto via Getty Images.

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First broadcast 17/03/2020 22:32 GMT: UK government pledges emergency cash to help businesses

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