Good morning and welcome to the BusinessLive Breakfast blog for Friday, October 4.
I'm Coreena Ford and I'm running this morning's live blog to give you a round-up of the most important events taking place in the business world.
First up this morning are what the British Chambers of Commerce are describing as the worst set of manufacturing figures seen in a decade.
The BCC has surveyed 6,600 companies employing 1.2 million workers, showing that the last three months have seen firms suffering significant pressure.
We also have news from BP, where Bob Dudley, the chief executive of oil giant BP, has announced his retirement.
And I'll also include some stories from our other BusinessLive reporters around the 海角视频 that you may have missed.
If you'd like to contribute to the blog, you can contact me via Twitter at @Scoopford or drop me a line at coreena.ford@reachplc.com. You can also keep in touch with the BusinessLive team on Twitter at .
All you need to know so far
That’s all from the blog today, but we’ll be back with another on Monday.
In the meantime, here’s some stories you may have missed.
Thanks for reading and have a great weekend.
Missy Empire founders on why fast fashion is for keeps
Air France becomes latest airline to take delivery of popular Rolls-Royce powered jet
Churchill China takes full ownership of Furlong Mills after buying shares from Portmeirion
How embracing this estuary’s ecology is opening the door for industry
Princess Yachts tops South West success list after profits triple
The new vegan brewery that's so environmentally friendly it doesn't have a home
A new vegan brewery is so environmentally aware it doesn’t even have a home.
Plymouth’s Anchor House Brewery is known as a “cuckoo” or “gypsy” brewery because it doesn’t have a permanent base and borrows other brewers’ premises and kit.
It has been brewing up its debut IPAs in premises owned by Launceston’s Firebrand Brewing and Crediton’s Utopian Brewing.
“There is no point opening another brewery if you have spare capacity,” said Anchor House founder Tom Jackson.
“So it’s utilising dead space. People are more aware of their impact on the environment.” Anchor House my be new and itinerant - but it has big plans.
Its first 4.7% IPA (India pale ale) has been a hit and Mr Jackson now wants to pen a brewbar, to be called Anchor Taphouse, on Plymouth’s historic Barbican waterfront.
Meanwhile, a new festival celebrating women who work in the beer industry is to be held, covering issues including sexism and sexual harassment in bars and clubs.
The inaugural Women In Beer Festival will take place in Edinburgh from October 10 to 13, organised by local group Beers Without Beards.
Abi Newton, national director of the Campaign for Real Ale (Camra), who has been championing its new diversity and inclusion policies, and will speak at the event, said: “Camra’s decision to publicly ban beer with sexist marketing, messaging or imagery highlighted work that we’ve already been taking for years.
“Making that action public sends a clear signal that Camra fully condemns any action or behaviour that makes people feel unwelcome or uncomfortable at a beer festival, pub, bar or place of work.”
Camra banned the display and sale of beers with sexist marketing and artwork at its flagship festival, the Great British Beer Festival, in London in August.

Berghaus swing to loss after multimillion-pound ad campaign
Outdoor brand Berghaus has swung to a loss after investing in a multi-million-pound advertising campaign in a bid to bring in new 海角视频 customers.
The Sunderland-based business, which designs and makes outdoor clothing, footwear and accessories, has released financial results for 2018 which show that last year’s operating profit of £1m was converted to a loss of £800,000.
The firm cited heavy investments in a marketing communications campaign as a major factor for the loss.
It spent several million pounds on the drive – including its Time to Get Out ad campaign to inspire people to escape the pressures of life by sharing time in the outdoors – which it said was designed to start building the awareness and appeal of the brand in the 海角视频, and create a positive impact on sales in the longer term.outdoor brand Berghaus has swung to a loss after investing in a multi-million-pound advertising campaign in a bid to bring in new 海角视频 customers.
The Sunderland-based business, which designs and makes outdoor clothing, footwear and accessories, has released financial results for 2018 which show that last year’s operating profit of £1m was converted to a loss of £800,000.
The firm cited heavy investments in a marketing communications campaign as a major factor for the loss.
It spent several million pounds on the drive – including its Time to Get Out ad campaign to inspire people to escape the pressures of life by sharing time in the outdoors – which it said was designed to start building the awareness and appeal of the brand in the 海角视频, and create a positive impact on sales in the longer term.

Bede Gaming toasts jump in sales after opening new office in Canada
North East software firm Bede Gaming toasted a 6.3% rise in sales in a year which saw it snare its biggest ever contract and open a new office in Canada.
The Newcastle business, set up in 2012 by Dan Smyth and Joe Saumarez Smith, makes software for the online gambling and social gaming industries and has blue-chip clients across the 海角视频 and overseas.
Accounts published for 2018 show turnover rose 6.3% from £9.035m to £9.61m, after Bede signed the largest single contract in its history with the Ontario Lottery and Gaming Corporation to put in place and run its new digital player platform.
Its operating losses widened, however, from a loss of £1.4m to £2.3m, a figure it attributed to expansion and significant research and development spends.
An increase in staffing levels, from 116 to 132 employees in the accounts period, also took the wages bill up by 37% from £5.13m to £7.02m.
Last year, the business added to its offices in Newcastle, London and Sofia, Bulgaria, with an office in Canada as part of its overseas expansion.
And since the year end, the firm has also opened a Networks Operation Centre in Newcastle which is open 24 hours a day, seven days a week, resulting in more job creation.North East software firm Bede Gaming toasted a 6.3% rise in sales in a year which saw it snare its biggest ever contract and open a new office in Canada.
The Newcastle business, set up in 2012 by Dan Smyth and Joe Saumarez Smith, makes software for the online gambling and social gaming industries and has blue-chip clients across the 海角视频 and overseas.
Accounts published for 2018 show turnover rose 6.3% from £9.035m to £9.61m, after Bede signed the largest single contract in its history with the Ontario Lottery and Gaming Corporation to put in place and run its new digital player platform.
Its operating losses widened, however, from a loss of £1.4m to £2.3m, a figure it attributed to expansion and significant research and development spends.
An increase in staffing levels, from 116 to 132 employees in the accounts period, also took the wages bill up by 37% from £5.13m to £7.02m.
Last year, the business added to its offices in Newcastle, London and Sofia, Bulgaria, with an office in Canada as part of its overseas expansion.
And since the year end, the firm has also opened a Networks Operation Centre in Newcastle which is open 24 hours a day, seven days a week, resulting in more job creation.

10% of women don't earn enough to qualify for sick pay, research suggests
One in 10 female workers do not earn enough money to qualify for statutory sick pay, research suggests.
The TUC said its analysis indicated that around 1.4 million women earn less than £118 a week - the qualifying threshold for sick pay. Women are more at risk of missing out because they are more likely to be “stuck” in low-paid and insecure work, said the union organisation.
TUC general secretary Frances O’Grady said:
No one should worry about falling into debt or struggling to pay their bills when they’re ill.
It’s not right that women and insecure workers are most likely to miss out on sick pay, just because they are low earners.
A Government spokesman said:
We are committed to transforming support for people with disabilities or a health condition so they can return to the workplace, and our consultation on extending statutory sick pay to the lowest paid for the first time closes next week.
Meanwhile, the 海角视频 gender pay gap is the lowest it has ever been and the National Living Wage has delivered the fastest pay rise for the lowest earners in 20 years, and the number of people in temporary work is at its lowest since records began.

Economic uncertainty stifling small firms' growth
Rising costs and continued economic uncertainty are taking their toll on small firms, leaving them unable to grow their business, a report warns.
Two-thirds of 1,200 company owners surveyed by the Federation of Small Businesses (FSB) said they did not expect performance to improve in the coming three months.
Almost half feared things would get worse, the highest figure for five years, said the FSB. Investment plans are being put on hold and fewer than one in seven employers are planning to hire staff in the next few months, the study suggested. Firms trading internationally have been particularly hard hit by the uncertainty, said the FSB.
Chairman Mike Cherry said:
These findings must serve as an urgent wake-up call for policymakers. Even in the aftermath of the financial crash, we didn’t see such a sustained string of negative confidence readings. Three years of political uncertainty and rising costs have stifled output and left small firms unable to plan, invest and grow.
There’s a real sense of exasperation among small firms. Big decisions - whether that be taking on new staff, purchasing machinery or embarking on sales in a new country - are being put on hold because we have no idea what our trading environment will look like in less than four weeks’ time.
We need the Government to seize this final opportunity to secure a Brexit deal: one that protects free trade, enables access to the right skills and includes a transition period.

Transport for Wales releases its first ever financial report
Transport for Wales (TfW) invested more than £150m on rail services and infrastructure in its last financial year, its first financial report shows.
The transport body, which operates at arm’s length from the Welsh Government, said the majority was invested in now devolved Wales and Borders rail services.
It also included infrastructure upgrades as part of its £738m commitment to the South Wales Metro through electrification of the Core Valleys and the Coryton Line through Cardiff.
For the next phase of the South Wales Metro to be delivered, the Welsh Government needs the rail assets of the Core Valley and Coyton Lines to be devolved from the 海角视频 Government.
The Welsh Government, despite the Whitehall civil service machine being pre-occupied with Brexit issues, hopes this can be finalised soon.

John Lewis 'withholding payment' as it asks landlords for reductions
The John Lewis Partnership is reported to be withholding some payments to landlords as it seeks a reduction in its property costs.
According to the BBC the retail chain has been telling some landlords that it will withhold 20 per cent of this quarters service charge - the fee paid in addition to rent for heating, security and other services.
The report says John Lewis believes the charges are now too high.

HP Inc to cut up to 9,000 jobs amid billion dollar savings plan
HP Inc will cut between 7,000 and 9,000 workers over the next three years to save around $1bn (£550m), its new chief executive has announced.
The personal computer and printer maker says it expects to drop thousands from its global workforce of about 55,000 by 2020.
In the 海角视频, HP Inc has offices in Warrington, Bristol, London, Glasgow and Reading.
HP announced the job cuts at a meeting with Wall Street analysts headlined by incoming CEO Enrique Lores.
He had been overseeing the HP division that includes its profitable business of selling ink for the company’s printers before being named to the top job last month.
The workforce reductions come as the Palo Alto, California, company wraps up a three-year restructuring plan that included the elimination of up to 5,000 jobs.
HP Inc was created in 2015 when Hewlett Packard split is PC and printer operations from its businesses specialising in data-centre hardware and business software.
That part is now known as Hewlett Packard Enterprise. HP Inc’s stock is down 10% so far this year, compared to a 16% rise for the benchmark Standard & Poor’s 500 index.

FTSE and pound latest
The FTSE-100 index opened at 7077.64.The FTSE-100 index opened at 7077.64.
The pound at 8am was $1.2348, down from $1.2389 at the previous close. The euro at 8am was 0.8887 pounds compared to 0.8867 pounds at the previous close.

BP chief executive Bob Dudley announces retirement
Bob Dudley, the chief executive of oil giant BP, has announced he will retire from the company next year.
The boss had been at the helm of BP for nine years, taking over from Tony Hayward following the Deepwater Horizon disaster in 2010. He will be replaced by Bernard Looney, 49, currently chief executive of its upstream business.
He will be succeeded by Bernard Looney, the current boss of BP’s Upstream division.
Mr Dudley, who will step down after BP’s results in February, said:
It has been the privilege of a lifetime to serve this company and work in this industry for the past four decades.
I have worked with so many committed people from all over the world - both inside and outside BP - and I am enormously proud of all the things we have achieved together to provide energy for the world.

Manufacturers slump under pressure of 'unrelenting uncertainty'
New figures have been released suggesting the 海角视频 economy is wilting under the weight of “unrelenting uncertainty” amid a continuing slump in manufacturing.
The British Chambers of Commerce (BCC) survey of 6,600 companies - which employ 1.2 million workers - showed that manufacturers suffered a “significant” deterioration in the three months to September.
The BCC said its study showed that domestic and export sales had fallen in the manufacturing sector, while services firms also reported a decrease in orders.
The BCC said the findings showed how urgent action was needed from Westminster.
Suren Thiru, head of economics at the BCC, said:
Our findings point to a worrying drop-off in 海角视频 economic activity, with unrelenting uncertainty over Brexit and a notable slowing in global growth prospects dragging down almost all the key indicators in the quarter.
The manufacturing sector continues to toil under the weight of diminishing cashflow, weakening global demand and disrupted supply chains, and the data indicates that the sector was a drag on 海角视频 GDP growth in the quarter.
Although the slowdown in a number of the key service sector indicators was relatively modest, slowing activity in the sector is a concern given its dominant share of overall 海角视频 economic output.
A stuttering services sector coupled with a worrying downturn in manufacturing activity indicates that any bounce back in 海角视频 GDP growth from the contraction in the second quarter is likely to be underwhelming at best.
Looking forward, weakening orders, confidence and investment intentions suggest that unless action is taken, the 海角视频’s current weak growth trajectory could drift markedly lower over the near term.
BCC director general Adam Marshall added:
This is a reality check, not scaremongering or politicking. These are some of the worst figures we’ve seen in a decade - and jobs, businesses and the future success of our communities are on the line.
Behind each and every one of these statistics sit thousands of real businesses, who are feeling the cold harsh winds of Brexit uncertainty and global trade turbulence right now.
We need to see immediate action to avoid a messy and disorderly Brexit on October 31, alongside bold measures to stimulate investment and confidence across the 海角视频.
The government must also make urgent preparations to support business cashflow, where the strains of acute uncertainty are hitting businesses, and particularly manufacturers, hard.
A Government spokesman said:
We recognise the uncertainty that businesses have faced over the past three years. That is why we are leaving on October 31 preferably with a deal, but if we have to leave without a deal, we will be fully ready.
We have also made £108 million available to ensure businesses can get ready and take advantage of future opportunities.