Listen: UK, Unilever, London discussed on Marketplace All-in-One
"Six months till Brexit, and the IMF has a warning for both sides live from London. This is the marketplace morning report from the BBC World Service. I'm a new on good morning speaking this morning in London. The IMF, Christine, Lagarde warned that a no deal Brexit would entail substantial costs for the UK Connie and to a lesser extent e you economies. Meanwhile, Prime Minister Theresa May is sticking to her controversial Brexit plan, which pleases neither Europe, nor the hard line Brexit supporters in her own party and could threaten her leadership. But as she told the BBC today, it is her plan or no plan. This debate is not about my future. This debate is about the future of the people of the UK and the future of the United Kingdom. That's what I'm focused on a last. I think we should all be focused on its ensuring that we get not good deal from the European Union, which is good for people in the UK. The BBC's. Chris Morris explains that for business time to prepare for any outcome has run out. If there were to be no deal on a withdrawal agreement. This report from the as chief of government says the government now would be unable to avoid major negative impacts across most areas of the economy. But even if there is a deal which is obviously what the government wants, we then would end to this twenty one month transition period on the report says, is totally unfeasible their words to agree and ratify a free trade deal. In that time, it compares it to other big government projects. Recently, the automatic enrollment of pensions eleven years preparations for the London Olympics eleven years, digitizing tax five years. The Brexit transition will be twenty one months. They say, essentially, at some states, the government's going to have to make a decision between time or quality, Chris Morris, let's do the numbers adding to the uncertainty reports that Deutsche Bank under pressure from regulators over the size of its UK. Operations is accelerating plans to move hundreds of billions in assets to Frankfurt. Hong Kong's Hang Seng is down more than one percent after a super typhoon made landfall in China over the weekend. Now, Unilever, the Anglo, Dutch from that makes dove soap wants to scrap its dual national structure and move the company out of the UK to the Netherlands to provide better corporate governance. But one of its biggest shareholder says it plans to vote against the move, which would take the company out of the Footsie-100 and force funds that use the benchmark to sell their holdings. David coming is the chief investment officers for equities at Aviva investors benefit UK shells. As a consequence of this move, it looks that Unilever's really moving to Dutch Jews diction where it thinks it's a little bit better protected at dies at, but that often ninety years with the jewel structure, it seems a little bit of a coincidence unit even need to get seventy five percent of the UK shareholders to vote to Nabl them to leave the UK. I think they will struggle because I don't see logically. Why any UK shareholder would support individuals. Decision to go Dutch because there's no upside. Then we lose an excellent company like Unilever from our index David coming now, Ken cities be racist ages, sexist. Fewer than one in every ten architects in Britain is black or Asian less than a third are women. I caught up with Christine Murray editor in chief of the architectural review and founder of women in architecture in east London to find out more. So we're in dull Ston in Hackney and its neighborhood. That's incredibly diverse, were standing in a market that really reminds me of the kinds of bustling markets you find in Asia or Africa. But right across there is a major train station. And that's one example of infrastructure that doesn't really work in your opinion. They've just redone the station. It's beautiful, it's shiny, but they didn't put in any kind of escalator left for anyone who's covering a suitcase in a wheelchair with the kids who is stationed for. Do you think that diversity in architecture really matters? I mean, does being a different gender or race necessarily mean that there would be a different station there? Well, first of all, the architecture community is not particularly diverse or gender equal. I don't think that women designed differently to men, but I think that all of our experiences individuals that lived experience is a great educator.."