time coming but we're finally getting some detail.- time coming but we're finally getting some detail. yes, we are exectinu getting some detail. yes, we are expecting the — getting some detail. yes, we are expecting the company, - getting some detail. yes, we are expecting the company, british l getting some detail. yes, we are - expecting the company, british steel owned by the chinese group to announce plans to close blast furnaces. these are energy emission and labour—intensive ways of making fresh veg and steel. and replace them with two electric arc furnaces which is electricity to generate the high temperatures involved and use recycled scrap steel as the input to bring steel out the other side. they want to do this over the next couple of years. in a way to bring down emissions and make it greener but of course that labour intensive bit, it's much less labour intensive and it's much less labour intensive and it's thought that up to 2000 jobs could be up to risk in the lifetime of this migration. these are proposals at the moment, the union say they want to examine them in detail. the government has offered a package of support to british steel of up to £500 million, it's thought thatis of up to £500 million, it's thought that is linked to a way to get this transfer of technology across the line. i expect there is not to be the final word on it but this is definitely the direction of travel. the union say they will look at this closely. they are not threatening industrial action at the moment which they have done because there is a similar in wales that has to blast furnaces, the company that owns those wants to close those as quickly as possible and that has brought the threat of industrial action. the government, for its part, say they are trying to save the steel industry not destroy it. but it has to be greener, and less energy intensive. and part of that means less labour—intensive as well. there now, thank you very much, that is cyber in our business editor with the latest details. i know you will follow that, latest details on the website. let's turn our attention elsewhere. the world travel market 2023, one of the world's largest travel and tourism events, opens today in london. the post covid holiday boom has lifted the outlook for international travel. this year, worldwide tourist arrivals are expected to reach up to 95% of pre—pandemic levels, according to estimates from the un's world tourism organisation. so can the travel industry look forward to a bumper year? let's ta ke let's take you live to that event. joining me now from the event in london is captain ibrahim koshy, the chief executive of saudia — saudia arabia's national airline. good to have you with us on the programme. talk to me that's doable about that bounce back in demand. a lot of countries, a lot of airlines, a lot of hotel phones, travel industries are seeing that bounce back. ~ ., ., , industries are seeing that bounce back. ., ~' industries are seeing that bounce back. ., ., back. what does it look like the u? thank you. — back. what does it look like the u? thank you. ben- — back. what does it look like the u? thank you, ben. the _ back. what does it look like the u? thank you, ben. the truth - back. what does it look like the u? thank you, ben. the truth is - back. what does it look like the u? thank you, ben. the truth is that l thank you, ben. the truth is that the 2022 market is —— pre—2020 market is coming back. they are coming back quite aggressively, international travel is 24% better than 2019, domestic travel is where it was in 2019 and we are seeing a growth in various segments of their travel market in saudi arabia. you are in a market that is pretty competitive. you've got a lot of close rivals and i'm thinking in the gulf, qatarairways, emirates, a lot of firms are vying to do what you do. how do you stand out in that market, how do you, i know you've got a new rival in saudi arabia, how do you stand out? first of all, it's not the competition is always good, when you look at it from saudi arabia's perspective, there's been an increase in investments taking place with lots of new results opening up, results opening up in the north and south of the country and travel demand to saudi arabia itself is coming up quite rapidly. we are looking at a lot of sporting events, a lot of investment in sporting events that is driving up demand. we are seeing just to keep up with that demand, we are having to increase our capacity and outreach. i think capacity lines and on the widebody side, we have 35 narrow body that are also being received. and we have placed an additional orderjust to keep up with the demand for saudi arabia, when we look at what is happening in the region, whether it's some of the bigger players that has historically met this traffic, as an airline, our national flight career, our growth has historically been 5% in 2019 of connecting traffic, today that is 6%. we are doing well in a very competitive market. one of the markets you do well is other traffic, i'm looking numbers, two and half million pilgrims expected to travel. what part of that market falls for you and how do you cater for such a demand over such a small period of time? one of the things one we look at that market as it is planned to grow quite rapidly going forward from head to 2013. we are talking about within a six year time frame, so we're talking about two and a half million, we are talking about 30 million in total grade by the time we hit 2030. we plan to retain about 50% of that market, coming all over the word to the kingdom. that's a 30 million passenger market on its own, just that. we also have other traffic which is year round and that is growing quite rapidly. that can reach to to do and half million per month. so that is quite a lot of opportunity because of the rapid infrastructure growth both in the aviation sector with no hotels and all of those, it is important to see that all of this is tied together. that we are deploying the capacity and light on our network at the same time, a lot of these infrastructure projects are coming up in the kingdom. so it's a very positive time for the kingdom and we are becoming a destination already. many people are talking about vision 2030. we are seeing that growth today. just with the events, whether it's formula 1, etc... there are many things driving in that demand to date. really good to talk to. i know it's a busy world travel market, you can see behind you. great to talk to you. sticking with the industry, and budget irish airline ryanair reported its latest earnings figures and they are looking good. europe's largest airline by passenger numbers forecast a record annual profit for the fiscal year, and announced it would pay investors a regular dividend for the first time. the airline has benefited from a 24% rise in fares during the key summer season. 0ne analyst we spoke to earlier explained the method behind the success. they were quicker out of the blocks post the pandemic. they left a trail of airlines behind them. you know, they they got back into the market. they were selling earlier. they've had aircraft being delivered. yeah. it's just the perfect recovery from the irish airline, as michael 0'leary always does. keep costs under control, keep growing. it's a bit of a bubble. the only way you can really keep your costs under control and keep them as low as it is, is to keep expanding. that's why he's got very big aircraft orders. that's why he's buying new generation aircraft that are more fuel efficient. and compared to everyone else, you know, his cost base is lean and mean. that gives him an advantage. he's got to keep that. three years ago, fast fashion company boohoo promised an ethical overhaul following repeated allegations of poor working practices in factories that made its clothes. however, bbc panorama has discovered that boohoo has broken some of the key promises it made to customers, suppliers and garment workers. lora jones reports. in 2020, boohoo faced widespread criticism for poor working practices in its supply chain. the company promised to change and to treat its suppliers fairly. now a panorama investigation has found boohoo demanded price cuts from suppliers for orders that had already been agreed and sometimes even after the clothes had been made. if you can't increase sales when you start doing things like asking for discounts as much as possible, all of our stuff, all of that helps us gain a bit more profit. panorama's undercover reporter worked at boohoo's manchester headquarters for ten weeks earlier this year. she spoke to co—founder and executive chairman mahmud kamani at the company's summer party. lawyers for mr kamani say he has a respectful relationship with boohoo suppliers. the company says after absorbing significant cost inflation, when costs came down, it asked suppliers for discounts, passing savings on to customers. panorama also went undercover inside one of boohoo's many suppliers mm leicester clothing ltd. managers their told workers they had to stay late to finish a boohoo order. suppliers must sign up to a code of conduct. it says overtime should be voluntary. based on what i understand from this is people are being forced to stay against their will, to work to complete an order. that's unethical treatment of workers. it's as simple as that. mm leicester says normal working hours at 8am to 6pm and it never forces workers to stay late. boohoo says mm leicester is subject to regular audits and unannounced checks and that it's investigating panorama's claims for customers. booo hoo has broken some of its promises to treat suppliers fairly matters. i'm definitely surprised. obviously that is going to have an impact. yeah. do i really want to give my business there and i can go and give it to someone else? yeah. for the sake of like £3 or £4 to shop somewhere else, people need to consider where the shop in boohoo says it hasn't shied away from the problems of the past and has already delivered significant change. laura jones, bbc news. and you can watch that full investigation by panorama, tonight on bbc one at 8—pm uk time — or after on bbc iplayer. in other news: berkshire hathaway — the investment firm owned by renowned investor warren buffett — is sitting on a record cash pile of $157 billion dollars. the firm unveiled its earnings at the weekend, which revealed it sold more than $5 billion dollars of us and foreign stocks in the third quarter. here in the uk, licences for oil and gas projects in the north sea are set to be awarded annually, under government plans. there is currently no fixed period between licensing rounds — but this would change under a bill to be announced in tuesday's king's speech. ministers said projects would have to meet net zero targets and claimed the policy would guarantee energy security. if you want to reach me online, there's more on all of those stories on the business page of the bbc website. we will see you very soon. bbc news bringing you different stories from across the world. clocking up on the coast, 37 your mum is about to take on her latest ultra running challenge. i’m mum is about to take on her latest ultra running challenge.— ultra running challenge. i'm trying to find as many _ ultra running challenge. i'm trying to find as many hills _ ultra running challenge. i'm trying to find as many hills as _ ultra running challenge. i'm trying to find as many hills as i - ultra running challenge. i'm trying to find as many hills as i can, - ultra running challenge. i'm trying to find as many hills as i can, as l to find as many hills as i can, as much varied terrain as i can. just, yes, find the most beautiful places in core more to run. she yes, find the most beautiful places in core more to run.— in core more to run. she is from a famil of in core more to run. she is from a family of runners _ in core more to run. she is from a family of runners but _ in core more to run. she is from a family of runners but it's - in core more to run. she is from a family of runners but it's only - in core more to run. she is from a. family of runners but it's only when she started fundraising for a hospital they cared for her grandad that she got the bug. i train for my first marathon and i just realised i loved it and i like it. it's five years ago that i entered my first trail race, my first ultra and from there it's just grown and grown and... yes, i love seeing what works for. grown and grown and. .. yes, i love seeing what works for.— grown and grown and... yes, i love seeing what works for. believe it or not, 80 to 100 _ seeing what works for. believe it or not, 80 to 100 kilometres - seeing what works for. believe it or not, 80 to 100 kilometres it's - seeing what works for. believe it or not, 80 to 100 kilometres it's ideal| not, 80 to 100 kilometres it's ideal distance, apparently you can still run quite fast. she represented great britain in the world championships in austria in the summer. climbing on some amazingly beautiful mountains, it was so, so hard. but i think the hardest race i have ever done. it was probably the best feeling to finish because, not only was i in the great britain vest that my son was at the finish and my mum and dad came and my sister was there as well. it was just magic. as extreme weather conditions, wildfires have been breaking out across the globe. the people in the area now, there is a lot of concern. hello from the bbc sport centre. we start at the cricket world cup — where despite concerns from bangladesh and sri lanka about the poor air quality in the indian capital delhi — monday's match has gone ahead. and a moment of history has been made — unfortunately for sri lanka's angelo matthews — who's become the first international cricketer ever to be timed out — because he wasn't ready to face his first ball two minutes after the last fall of wicket. he was told to leave the field. expect to hear much more about that. let mejust show let me just show you what's happening at the moment. we will bring the graphic up on screen. that is why it says timed out next to his name. you can see, at the moment, 29 for six in the 42nd over. 0pener pathum nissanka made 41 as did sadeera samarawickrama, wickets for the captain shakib al hasan. the liverpool footballer luis diaz has pleaded for his father's kidnappers to free him immediately and end what he calls "this painful wait". it's been over a week since diaz's parents were seized at gunpoint in his hometown of barrancas in colombia, with his mother later found. diaz scored a stoppage time equaliser for liverpool in sunday's 1—1 draw at luton town in the premier league, when it looked likejurgen klopp's side were heading for defeat. diaz wore a t—shirt with the words freedom for father on it. in a statement afterwards he said "my mother, my brothers