The Bottom Line - podcast cover

The Bottom Line

BBC Radio 4www.bbc.co.uk

The definitive business podcast from the BBC.

Each week, the BBC's Evan Davis is joined by bosses, entrepreneurs and industry experts, to lift the lid on how their businesses work, and what it’s like to be in charge. 

They discuss a big issue, a big challenge, or a big question facing their industry.

From managing AI to managing millennials, from supermarkets to supercharging a new product.

And our guests will share their stories of success and failure along the way.  

Podcasts are published every Thursday. And as well as being a podcast, we are also available every Thursday afternoon and Tuesday evening on BBC Radio 4. 

You can now also listen to The Bottom Line on a smart speaker. If you want to listen, just say "Ask BBC Sounds to play The Bottom Line”. It works on most smart speakers.

The Bottom Line has published a spin off series - Decisions That Made Me - where Evan asks entrepreneurs and business leaders about the most crucial moments in their lives and careers. You can watch these episodes here: https://t.ly/oJ8lW.

Got a question or a comment? Get in touch with Evan and the team on email at [email protected].

The Bottom Line is produced in partnership with The Open University and is an EcoAudio certified production.

Episodes

Managing Workplace Relationships

We spend a third of our life at work so it's inevitable that relationships blossom, whether it's a one night stand at the Christmas party or one that becomes a long term partnership. How do companies handle the issues that can arise from office romance? Evan Davis and his guests discuss the solutions. GUESTS Neil Morrison, Director, Strategy, Culture and Innovation. Penguin Random House Helen Farr, Partner, Employment Law Group, Fox Williams Danielle Harmer, Chief People Officer, Metro Bank....

Feb 16, 201728 min

The Challenges of Running a Charity

How can people running charities balance doing good, maximising income, while retaining public trust? The sector is undergoing changes in regulation in the wake of scandals involving fundraising and governance. Evan Davis meets the experts. Taking part are: the chairman of the new Fundraising Regulator, Lord Grade of Yarmouth; Jayne Clarke of the Royal National Lifeboat Institution and Simon Gillespie from the British Heart Foundation.

Feb 09, 201728 min

Care Homes

The care home business is heading for a crisis according to Evan Davis's guests in this edition of The Bottom Line. The cost of providing care in this labour-intensive business has increased significantly because of the introduction of the National Living Wage. The fees paid by local authorities on behalf of poorer residents no longer cover the cost of providing accommodation, food and staffing. Care homes make up the shortfall by charging higher fees to privately funded residents. Social care a...

Feb 02, 201747 min

Negotiating a Trade Deal

Brexit means the UK government will have to negotiate trade agreements with the EU and the rest of the world. Trade deal experts share their tips with presenter Evan Davis. Guests include: Janice Charette, Canadian High Commissioner to the UK Tim Cullen, founder and director of Oxford Programme on Negotiation Producer: Julie Ball.

Jan 27, 201728 min

17/11/2016

If the word auction conjures up pictures of a man with a gavel in a packed room shouting 'going, going, gone' - think again. These days governments and businesses rely on complicated online auctions to buy and sell. Auctions are also the preferred mechanism for the allocation of radio spectrum licences to mobile phone companies and the selling of mineral rights. Auctions come in a huge variety of forms, and the precise design can have a dramatic effect on the outcomes. Do you know a sealed bid f...

Nov 17, 201628 min

The Future of the Car Industry

The future of the car industry. How car manufacturers are joining forces with "ride hailing" companies like Uber and why the future might be driverless. Evan Davis and guests discuss. Disruptive technology has made seismic changes to several business models: think Apple iTunes and the music industry or Netflix and our television viewing habits. It seems that the car industry might be next. Unlike their predecessors, car manufacturers are joining forces with the technology companies. Google with ...

Nov 11, 201628 min

The Youth Market

Evan Davis and guests explore the fast moving world of selling to 18-24 year olds. Collectively, that age group has billions to spend. Individually, many are strapped for cash. So how do companies get their attention and their money? The answer seems to be: market your brand using social media. Link up with a celebrity with millions of followers and watch the money roll in. That's the theory. Forget old style television adverts. That age group isn't watching the box - they're on their mobiles. J...

Nov 03, 201628 min

Selling Corporate Baby

Starting a business is often compared to bringing up a baby, and with good reason: it's costly, gives you sleepless nights and requires your attention during every waking moment. But what happens when it is time sell the business you have nurtured? Three successful entrepreneurs talk to Evan Davis about the feelings of relief and regret which can accompany selling off a business. GUESTS Liz Earle, Co-founder of Liz Earle Naturally Active Skincare William Kendall, Chairman, Cawston Press Jules Co...

Oct 27, 201628 min

Activist Investors

Are activist investors good or bad for the firms they target? They hunt down companies they think are underperforming. They buy a stake in the business, then lobby for change. Critics say activists want to make a fast buck and then head for the exit. But you could regard these investors as doing a valuable service - challenging poorly performing company boards and making more profit for shareholders. Top UK names like Rolls Royce and John Menzies have been affected. Explore the world of activist...

Oct 20, 201628 min

Careers without College

Why are more top employers offering school leavers a fast track career without the need to go to university? Applicants for the top Degree Apprenticeships need to get good A level grades and pass a rigorous selection process. Their reward is the opportunity to earn a living while they gain a degree and qualify as a professional. Evan Davis discusses the pros and cons of such schemes with a high flying apprentice and two employers who are competing with universities for the brightest and best sch...

Oct 13, 201628 min

Brexit: What Next?

How do you do business when you can't see into the future? This may be what businesses always have to do, but Brexit has undeniably made the future even harder to discern than usual. When will it happen, what relationship with Europe will follow, and how will the rest of the world react? For now we don't know, but the answers to those questions will affect every business in Britain. So how are companies planning for an uncertain future while at the same time trying to ensure that whichever model...

Oct 06, 201628 min

Theresanomics

Theresa May has promised a bigger role for the state in business. The previously unfashionable concept of a comprehensive industrial strategy is back on the agenda. There is a new wariness about foreign investment in strategic industries such as electricity generation. Mrs May also wants to see employee representatives on company boards. Presenter Evan Davis discusses "Theresanomics" with a panel of entrepreneurs and corporate leaders. Guests include: Elizabeth Corley, vice-chair of Allianz Glob...

Sep 29, 201628 min

How to Build an Olympics

The Olympics Games is the biggest sporting event on earth. But the road to a successful Olympics can be more gruelling than a marathon. With less than two weeks to go until the opening ceremony in Rio, Evan Davis and guests discuss the difficulties of managing the money, the politics and the people. GUESTS: Neil Wood MBE, Partner, Deloitte and former CFO of London Organising Committee for the Olympic Games (LOCOG) Gerhard Heiberg, International Olympic Committee (IOC) member and President and CE...

Jul 21, 201628 min

Brave or Naive?

Is escaping the rat race always a good idea? Many people dream of giving up the day job to start their own business - and we often hear about the success stories. But does everyone have what it takes? Evan Davis and guests compare the dream and the reality. GUESTS: Luke Johnson, Entrepreneur and Founder of Risk Capital Partners Paula Fry, former Director, Fashion Seeker UK Sarah Meredith, Sole Trader, Rock Cakes Deirdre Critchley, former Director, Jammy Cow Producer: Elizabeth Cassin....

Jul 14, 201628 min

The Price of Life

It's hard to put a value on a human life. When you're well, perhaps you don't think about it. But if you're ill, getting access to the right drugs, whatever the cost, is a priority. But the NHS does not have a bottomless pit of money. And some medicines are judged too expensive to be freely available, so patients miss out on treatments that could save or extend their lives. There are usually two villains of the piece: The drugs companies for charging too much; the NHS for not stumping up the cas...

Jul 07, 201628 min

Life after Brexit

How will the vote to leave the EU affect big and small businesses in the UK? Evan Davis and guests discuss trade deals, tariffs and 'passporting' rights that allow UK-based firms to sell financial products and services from Britain to EU customers. They'll also explore how companies can turn the current economic uncertainty into business opportunities. Guests: Anne Richards, CEO, M & G Investments Juergen Maier, CEO Siemens UK Julia Gash, Founder and CEO, BIDBI Jan Atteslander, EconomieSuiss...

Jun 30, 201628 min

How to Negotiate

Most of us negotiate in some form or other every day - whether it's about who walks the dog, how much screen-time the kids can have or when to visit the in-laws. But too often we treat it like a competitive sport, with only one aim: to win. Which can backfire, especially when you need co-operation later on. It's much the same in business - negotiating to win at all costs is unlikely to result in a long-term, sustainable business relationship. So how to achieve a win-win situation when both sides...

Jun 23, 201628 min

The Finance of Films

The business of film. Evan Davis follows the money trail from script to screen. With the help of a top independent film producer, a film distributor and the head of a top cinema chain, Evan discovers who takes the risks and who makes the money behind the scenes. Guests Alex Hamilton, Managing Director, Entertainment One UK Elizabeth Karlsen, Producer and co-founder, Number9 Films Tim Richards, CEO, Vue International.

Jun 16, 201628 min

Old Dog, New Tricks

It is not easy to teach new tricks to the business world's old dogs. The latest fashionable solution for big corporations slowed down by bureaucracy and traditional ways of thinking is to incubate tech start-ups. The idea is that the big corporation benefits from the creativity and "can do" attitude of the start-up. In return the start-up gets funding, professional advice and help navigating the corporate world to reach the top decision makers. The model is known as "corporate acceleration" and ...

Jun 09, 201628 min

Profit or plunder?

Asset management - or asset stripping? This week Evan Davis asks when making a profit from running a business becomes simple plundering. In business, things go wrong at the best of times ... mistakes are made, luck turns bad. But sometimes things can also go wrong not because of bad luck, but because someone makes money out of failure. The "profit or plunder" question has been raised by events at BHS. It was struggling, facing intense competition in a tough retail environment. But the owner took...

Jun 02, 201628 min

EU Referendum

What does EU membership mean for UK business and how might that change if Britain votes to leave? Business leaders join Evan Davis to discuss how trade agreements and red tape can both help and hinder corporate success. What can Switzerland teach us about trading with Europe and beyond, despite being outside the EU? Guests: Jan Atteslander, EconomieSuisse Julia Gash, CEO, Bidbi Christopher Nieper, Managing Director, David Nieper Jayne-Anne Gadhia, CEO, Virgin Money Jon Moynihan, Chairman, Ipex C...

May 26, 201628 min

Life after a Blockbuster

Whether it's creating Angry Birds, the best-selling mobile app, or developing the best-selling Alzheimer's drug or discovering one of the world's biggest oil fields in recent years, every company dreams of blockbuster success. But what happens after you hit the jackpot? How do you sustain that level of success? And what's needed to adapt from small start-up to big business? Evan Davis and guests share the secrets of success and explore their experiences of trying to maintain their market positio...

Apr 04, 201628 min

Lonely at the Top?

Many senior executives now employ personal coaches to help them through their toughest business challenges. Coaches can provide confidential, independent support for senior managers who find life lonely at the top. But shouldn't the boss be capable of making decisions on his or her own? And are coaches sometimes the hidden power behind the senior executive throne? Guests: Gavin Patterson, CEO of BT Group Melanie Richards, Vice Chairman and Partner of KPMG UK Jonathan Bowman-Perks, Coach and Ment...

Mar 17, 201628 min

Horse Racing

Horse racing is the second most popular spectator sport in the UK but it is also a business. Presenter Evan Davis and guests discuss who makes the money: the horse owners, the jockeys, the race courses or the bookmakers? Guests: Simon Bazalgette, Chief Executive, The Jockey Club Rachel Hood, Director, The Horsemen's Group Ciaran O'Brien, Group Communications Director, William Hill bookmakers Producer: Julie Ball.

Mar 10, 201628 min

Tax Avoidance

Global firms like Amazon, Google and Starbucks have been criticised for using clever accounting tricks to reduce their tax bills in the UK. But how much tax should they be paying? Evan Davis and guests discuss the whys and wherefores of the international tax regime, including the role of tax havens. Along the way, they'll digest the "Dutch sandwich" and the "double Irish" tax avoidance devices used by some multinationals. And given the widespread perception that many firms don't pay their fair s...

Mar 03, 201628 min

Now We Are Ten

The Bottom Line first broadcast on BBC Radio 4 in February 2006. At the time, Tony Blair was Prime Minister, interest rates were 4.5%, petrol was 90 pence a litre and a first class stamp cost 32p (half today's price). In a special edition, to mark ten years since the programme came on air, Evan Davis and guests discuss some of the big changes that have happened in the past decade, including: the global recession, record high and record low oil prices, a technology boom and China's extraordinary ...

Feb 25, 201628 min

Data Privacy

When you enter personal details onto any website or smartphone app, what happens to it? Where does it get stored, who owns it and who has access to it? These questions are becoming more relevant to ask as we put more details about every facet of our lives onto the internet. With a new piece of legislation passed in the EU dealing with this precise issue, businesses need to be up to speed with their knowledge on effective privacy management Evan Davis and guests discuss why personal data is so va...

Feb 18, 201628 min

Customer Service

All businesses rely on customers. So, why do some businesses bend over backwards to keep customers happy, and why do some of them appear not to care? What is the impact of poor customer service on a business and how much does it cost them to invest in improving their infrastructure? Evan Davis discusses dos and don'ts of customer service with an airline, an energy company and a retailer, all of which have tried to completely overhaul their image. Has it worked? Guests: Kenny Jacobs, Chief Market...

Feb 11, 201628 min

Renewable Energy

After the Paris summit on climate change and the global commitment to cut carbon emissions, The Bottom Line is going green - with businesses that generate energy from the sun, the wind - and from cheese. And, whilst the government is committed to getting more of its energy from renewables, Evan Davis and guests discuss why green firms are seeing red over cuts to subsidies they say are vital to update ageing infrastructure. Guests: Juliet Davenport, CEO, Good Energy Jeremy Leggett, Founder, Solar...

Feb 04, 201628 min

Managing the Boardroom

After recent corporate scandals like VW's emissions' cheating, Tesco's accounting irregularities, Barclays interest-rate rigging, many asked why company board members failed to act. What happened to the checks and balances designed to curb management excesses? Evan Davis and guests look at how company boards operate and how to make them work effectively. They discuss the role of company directors, the skills and experience required and examine why some say 'Beware the charismatic CEO'. Guests: S...

Jan 28, 201628 min