A warm welcome to the program. Are ready to deliver the stories that will drive your day. Jon ferro is looking ahead. Ryan chilcote is on the ground at the london boat show. We have another quarter of sliding sales. There is competition from Chinese Brands and, who better than manus cranny to talk about center stage in london. London . George osborne will set out his vision a more spending cuts in a speech and lower taxes. Not a cheery message for a lot people in one of the fastestgrowing economies in the western world. You have unemployment and of unemployment falling and Economic Activity rising. Truths andr of hard the government will not be losing the purse strings. Tempering andot this is about minimizing the governments role in the economy. Incentivizing and hiring more. Funded bynot be borrowing and, as we start 2014, really, this is about setting this up for next year. It is a big year because the election. Despite the improvement in the economy, the conservatives are losing so
Quicktime francine lacqua. Coming up, rollsroyce matches sales records. You are looking at live pictures of the new race model. We will take you inside the car dealers luxury model and show you how to avoid paying a 400,000 price tag. When ryan drives the car, must watch television. We are going to get ryan to drive it again. This is a mustsee moment here on the pulse. Speaking a pricey product, would you pay 300 for a hoodie . A pair of entrepreneurs are betting you will. One of them doesnt run facebook. We will talk about that story this hour. Manus might even wear it. Tesco, morrison and Marks Spencer all reported reduced holiday sales as consumers cut back on everything from food to clothing. For a roundup on this retail story, lets bring in caroline hyde. Ouch. Lets look at the grocers first. Tesco, morrisons, morrisons was the worst in the whole of europe. Falling the most in what five years . Slashing more than 300 pounds of its market capitalization. The reason, profit warning.
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