Business Daily Folgen

The hunger for quick short-lived clothes is bringing garment sweatshops back to the UK and harming the environment. Katie Prescott travels to Leicester, the British city whose garment factories claimed to "clothe the world" a century ago, where unregulated factories are making a comeback, paying immigrant workers less than the minimum wage to turn around clothing designs as quickly as possible.Meanwhile Manuela Saragosa speaks to author and journalist Lucy Siegle about how the trend towards the ever faster turnover in consumers' wardrobes is leading to shoddier synthetic fibres that only last a handful of wears.(Photo: Woman sitting on a throne of discarded clothes. Credit: Ryan McVay/Getty Images)

New sanctions from the Trump administration are forcing European and Asian firms to choose between their US and Iranian business interests.The EU has created a special purpose vehicle called Instex to circumvent the US sanctions, but sanctions lawyer Nigel Kushner of W Legal says that the Iranians are right to feel unhappy with the effectiveness of this workaround.Manuela Saragosa speaks to one British businessman who has already given up on trading with Iran, or indeed recovering the proceeds from his past transactions that remain trapped in an Iranian bank account. She also asks BBC Persian correspondent Jiyar Gor how the latest round of American sanctions are affecting the lives of ordinary Iranian citizens.(Picture: A woman walks past a mural painting on the wall of the former US embassy in Tehran; Credit: Atta Kenare/AFP/Getty Images)

The financial literacy gap. Manuela Saragosa talks to US podcaster and writer Gaby Dunn about why millennials like her are so bad with money. Regan Morris hears the stories of young coffee shop workers in Los Angeles, and psychologist Martina Raue explains why having role models can help when it comes to saving money.(Photo: A smashed piggy bank, Credit: Getty Images)