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

Pre-loved

Demand for pre-loved goods has surged in the UK in recent years, with fashion, books and furniture especially popular. So what’s driving this boom in second-hand sales - the cost of living crisis or the increasingly eco-conscious shopper? And how are companies making money from it? Evan Davis and guests discuss the business of buying and selling pre-loved products, the growing number of online platforms specialising in them, and the bricks-and-mortar retailers looking to get in on the act. Plus,...

Jul 06, 202329 min

Dame Sharon White

John Lewis Partnership and Waitrose are possibly two of the most trusted brands in retail. This week, Evan Davis interviews Dame Sharon White, who took over as Chair of the Partnership, literally weeks before lockdown. Post lockdown like all retailers the Partnership faces a cost of living crisis and getting customers back to the High Street. How is she facing these challenges and what are her plans for the future of the partnership? GUEST: Dame Sharon White, Chair, John Lewis Partnership PRODUC...

Jun 29, 202329 min

Managing millennials (and Gen Z)

Younger workers want unlimited holiday, refuse to give up remote working, and are constantly looking for their next job, or so the cliché goes. Millennials and those even younger (Generation Z) do typically have different attitudes to work than their older colleagues, but what are they really, and how are they changing workplaces? Is it all about finishing early on Fridays, finding a company with a strong ethical stance, or looking for the quickest possible route to success? And to what extent h...

Jun 22, 202329 min

Flying Circus?

As Covid restrictions were eased last year, the demand to travel abroad by air overtook the readiness of the industry to cope, leading to thousands of flights being cancelled and enormous queues at several airport terminals because of a shortage of staff across the board from security to baggage handlers and flight attendants. What can passengers expect this year and has the industry been able to address the problems it experienced last year to provide a smooth passenger experience this year? Ev...

Jun 15, 202329 min

Are supermarkets profiteering?

Grocery stores are under pressure – with food inflation still near record highs, some have accused them of profiteering and the UK’s competition watchdog is investigating. So what’s the evidence, if any, that supermarkets and other smaller stores are taking advantage of consumers, and what is a reasonable profit margin in this industry anyway? Food suppliers, large and small, also have a role to play here – we look at how their margins impact prices. And, with government ministers vowing to curb...

Jun 08, 202330 min

Business Books

What makes a great business book and how do you make practical advice on a subject like accounting a riveting read? What makes you more likely to read a business book - a top business leader's journey to the top, like Sheryl Sandberg or Phil Knight of Nike, or one offering simple 'how to' advice. And what is the business model of business books themselves - do they sell loads of copies, or are they more about building up a public brand? Join Evan Davis and guests , in the final programme of the ...

Mar 09, 202340 min

How to Hire

What's the best way to recruit people who have the right skills for the job, but are also the right cultural fit for your business? And how do you do that without discrimination? Evan Davis and guests discuss the many different hiring options available, from the standard CV and interview to social media snooping, and the importance of getting it right. GUESTS Michael Barrington Hibbert, CEO, Barrington Hibbert Associates Sir John Timpson, chairman, Timpson Group Claire Hamilton, head of UK talen...

Mar 02, 202329 min

Powered by AI

Machines now have the ability to write novels, create works of art, or compose original songs thanks to artificial intelligence. In future the technology could be used to discover drugs, design entire buildings, or come up with new materials. So how should businesses respond to the evolution of AI, most embodied by the AI chatbot ChatGPT? Evan Davis and guests discuss its potential for creating new products and increasing efficiency, as well as the risks involved in handing machines even more po...

Feb 23, 202332 min

Running Rolls Royce

Warren East has run two of the UK's most successful companies, ARM and Rolls Royce Holdings. During his tenure at ARM he oversaw a rapid growth of this globally successful Cambridge semi conductor company. He went on to lead Rolls Royce during a time of turbulence, from aircraft engine trouble, to COVID and a massive restructure which led to several thousand redundancies. He shares his reflections on his business career, as well as his thoughts on Brexit, tax and economic growth. GUEST Warren Ea...

Feb 16, 202329 min

Podcasting

It seems these days everyone is making a podcast, from Michelle Obama and Kate Hudson to Alastair Campbell and Dua Lipa. Covering every subject from health and wellbeing to politics, food and even funerals, the last few years has seen a proliferation of new titles. Although only a third of us are currently listening to podcasts, that number is steadily growing. So who is making money from podcasts, and how? Evan Davis and guests discuss. PRESENTER: Evan Davis GUESTS Jack Davenport, managing dire...

Feb 09, 202336 min

The French correction?

The French work fewer hours, take longer holidays and retire earlier than UK employees, but they are also more productive and their economy is therefore roughly the same size as ours. How do they do it? As the UK looks for a way out of its sluggish economic growth, Evan Davis asks what we can learn from our neighbours. Why is it that for each hour worked a French employee produces almost 20 per cent more than a British one? GUESTS Olivier Morel, board member of the French Chamber of Great Britai...

Feb 02, 202329 min

Too much choice?

If you've ever felt bamboozled by the sheer range of biscuits at your local supermarket or in a quandary over which pair of headphones to buy from the plethora on offer, then you're not alone. Studies suggest that consumers can struggle to make decisions when there is too much choice. So how much choice should businesses offer their customers? And how can retailers help us navigate the dizzying array of products out there? Evan Davis brings together a perfectly chosen group of experts to discuss...

Jan 26, 202329 min

How Strikes Come to an End

Current strike action across the UK led to more than a million lost working days in 2022, the worst industrial strife the nation has experienced since the 'Winter of Discontent' in the 1970s. But with the benefit of hindsight, what can we learn from those who have dealt with labour relations in the past, and can their insights help to establish a better way of working out employee grievances? Evan Davis and guests discuss. GUESTS Alan Johnson, former MP, Secretary of State and former Head of the...

Jan 19, 202336 min

Opportunists and Optimists

As the UK struggles with recession, Evan Davis talks to four business people who are not afraid to be bulls in a bear market. Does a recession offer opportunities to serial entrepreneurs and start-ups that others might fear? Evan Davis and guests discuss. GUESTS Capucine Codron, Co-founder, Swizzle Arka Dhar, CEO and Co-founder SKOV Ltd Sir John Hegarty, Founder, The Garage Soho and BBH Advertising Agency and Sarah Willingham, Co Founder, Nightcap bar chain and former Dragon's Den panellist. PRO...

Nov 17, 202229 min

Turning Passion into Profit

Col Needham set up his first business at the age of 14 designing and selling games software for computers. But his real love, since the age of 5, has always been film. Col started logging every movie he'd seen in a paper diary which he eventually set up as a database, along with other like-minded film fans. Although it began and remains a personal passion, IMDB is now a multi million pound business, which was one of Amazon's first acquisitions. Col has remained CEO and founder, and he's now seen...

Nov 10, 202231 min

A new era for the housing market?

What will higher interest rates on borrowing money mean for the property market and what happens if house prices fall? Evan Davis discusses mortgages and housing in new economic times. Guests: Vanessa McCallum, Owner of Vanessa McCallum Estates Ray Boulger, Senior Technical Manager at John Charcol Mortgage Brokers David Miles, Professor of Financial Economics at Imperial College London Production coordinators: Siobhan Reid and Helena Warwick-Cross Presenter: Evan Davis Producers: Louise Byrne, K...

Nov 03, 202229 min

The business of being a GP

Since the very beginning of the NHS, GP surgeries have been, in effect, businesses with contracts to do the work the Health Service needs. But in recent decades, patient numbers have grown, surgeries have become larger and the services offered more varied. Many GP surgeries now employ administrative staff, nurses, physiotherapists and paramedics, as well as doctors. What's it like to be a clinician and run a small business at the same time? What are the pressures? How do you get the books to bal...

Oct 27, 202229 min

Dealing in Defence

Evan Davis looks at the UK's defence industry to find out how it is responding to the war in Ukraine and whether socially conscious investors are beginning to change their minds about the sector. Guests: Dean Rosenfield, Head of Saab UK Kevin McNamee, CEO of Denroy Group Ltd Kevin Craven, CEO of ADS Group Presenter: Evan Davis Production Coordinators: Siobhan Reed & Helena Warwick-Cross Producer: Julie Ball & Nick Holland Editor: Tara McDermott

Oct 20, 202229 min

Changing Tack

What happens when your business vision doesn't stack up or your long-standing business needs to make changes to keep up with a changing market and customer taste? Do you make a U-turn or a pivot as it's known in business. How do you know when is the right time and how do you get your employees and managers to go with you? Evan Davis and guests discuss. GUESTS Matthew Bannister, Broadcaster and Presenter, Folk on Foot podcast Liz Earle, Beauty and Wellness Entrepreneur, Editor-in-Chief, Liz Earle...

Oct 13, 202229 min

Has Britain stopped working?

Evan Davis asks why there are more job vacancies in Britain than there are people looking for work. Unemployment used to be a big problem, but now businesses say they're struggling to recruit enough staff. Guest list: Jane Townson: CEO of The Home Care Association Will Beckett: CEO of Hawksmoor restaurants Jane Gratton: Head of People Policy at the British Chambers of Commerce Jon Wilson: CEO of TotalJobs online recruitment agency. Production Coordinator: Helena Warwick-Cross and Siobhan Reed So...

Oct 06, 202228 min

Excess Profits, Windfall Taxes and Incentives

Is it right that businesses making what look like windfall profits pay windfall taxes? And do the recent announcements from the government to lower taxes in general lead to economic growth? Evan Davis and guests discuss. GUESTS Irem Guceri, Associate Professor Economics and Public Policy, Blavatnik School of Government, Oxford Professor Michael Jacobs, Professor of Political Economy, Sheffield University Charlie Mullins, Businessman and Founder, Pimlico Plumbers Dan Neidle, Founder, Tax Policy A...

Sep 29, 202229 min

Little Boxes?

The government target for building houses in the UK is 300,000 a year, but over the past few years only around 60 per cent of that number have been constructed. The sector faces many challenges; labour and skills shortages and rapidly rising prices for raw materials, not to mention uneven planning laws and green building commitments. Are they building the homes the country needs and where it needs them? Evan Davis and guests discuss. GUESTS Ben Dimson, Partner, Property Sector, McKinsey Peter Tr...

Jul 28, 202230 min

Russian Exodus

Hundreds of western businesses have decided to stop operating in Russia as a result of the invasion of Ukraine. But what does leaving Russia actually mean in practical terms – how do you go about it and who bears the cost? Can you end up hurting your own company and your Russian workers more than the Russian state? Evan Davis debates with his guests, one of whom leads a global automotive dealer that has just sold its business in Russia to its local managers. GUESTS: James Alexander, Chief Execut...

Jul 21, 202228 min

Woke or Broke?

From Disney to the Halifax bank, companies are increasingly willing to take a stance on everything. But what is driving this trend and will it continue? Ultimately isn't it the job of a business to make money for its shareholders and not get involved in politics and contentious social issues? Evan Davis and guests discuss. GUESTS Nina Bhatia, Executive Director, Strategy and Commercial Development, John Lewis Partnership Ian Leslie, Journalist and Author of 'Conflicted' Becky Willan, CEO and Co-...

Jul 14, 202229 min

'Sorry, all our agents are busy right now'

Why does it seem so hard to contact a business these days? It's almost like they deliberately hide their phone numbers from us. When we do manage to ring, they often make us sit through an endless list of 'caller options' before allowing us to speaking to anyone. Are they deliberately trying to dissuade us from getting in touch or are we expecting too much too soon from customer services? Evan Davis speak to the people managing our calls. Guests: Leigh Hopwood: Chief Executive of the Call Centre...

Jul 07, 202229 min

Employment Tribunals

What to expect when a workplace dispute ends up in court. Thousands of people lodge grievances relating to their jobs directly with their employers, and that's often where they remain. But if you think you have been unfairly dismissed, or suffered unfair discrimination on the grounds of sex, race of age, the case may end up at an employment tribunal. Dramatic cases - complete with lurid accusations and sometimes huge payouts - are regularly reported on by the media. Evan Davis asks his expert gu...

Jun 30, 202228 min

How to run a petrol station

As petrol and diesel prices hit record highs, Evan Davis looks at the economics of running a petrol station. There's an allegation motorists are being ripped off at the pumps. However, the actual amount of profit some forecourts make from selling fuel may come as a surprise. Guests: Kirsty Waddingham, RKW Plumbing David Charman, Parkfoot Garages James Lowman, Association of Convenience Stores David Fyfe, Argus Media Producer: Nick Holland Sound: Neil Churchill and Rod Farquhar Production Coordin...

Jun 23, 202229 min

Online Reviews

Can we trust the wisdom of the crowd on online review platforms? Evan Davis and guests discuss how businesses can harness this knowledge to their advantage and how they can deal with bad reviews. And how do the platforms that consumers look to for assurance ensure that we're reading the truth? Plus stories of chip shops, splashing in puddles and the mysterious "review farms"... Guests: Anoop Joshi, VP Legal and Platform Integrity, Trustpilot Melissa Norton, Commercial Director, Muddy Puddles Pro...

Jun 16, 202228 min

The price of bread

The 'crust' of living: Evan Davis looks at the spiralling costs of baking a loaf of bread. On top of rising energy bills the industry is having to keep up with huge increases in the price of wheat. In this episode a farmer, a miller and a baker explain how they're trying to make ends meet. Guests: Sarah Bell, Wheat Farmer and Grain Consultant. Julius Deane, Wheat Director at Carrs Flour Mills Ltd Mike Roberts, Deputy Chairman of Roberts Bakery Producer: Nick Holland Sound: Rod Farquhar Productio...

Jun 09, 202228 min

Business and Energy

How will soaring energy costs affect UK corporations? Prices are spiking, not least because of the war in Ukraine. Energy is essential for everything from heating offices to transportation to manufacturing, so what happens when it just becomes too expensive? Evan Davis and guests discuss the current energy crisis and ask how long is it likely to last and what we can do to reduce the vulnerability of our businesses. GUESTS Michael Lewis, Eon Energy Natalie Quail, Founder Smiletime Tina McKenzie, ...

Mar 24, 202229 min