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SharecloseShare pageCopy linkAbout sharingImage source, Getty ImagesBusiness has reacted with dismay at possible tougher Covid measures before Christmas after the health secretary said they could not be ruled out.Asked on the BBC’s Andrew Marr Show if more restrictions could come this week, Sajid Javid said there were “no guarantees” in a pandemic.Business leaders said it would cause irreparable damage and called for fresh financial support from the government. One shop owner told the BBC hopes of any return to normality are vanishing. Mr Javid told Andrew Marr that while there remains uncertainty about the new variant, it is time to be “more cautious” amid the rapid spread of the virus.”There are no guarantees in this pandemic, I don’t think. At this point we just have to keep everything under review,” the health secretary said.Modelling from scientific advisers, published on Saturday, showed that if ministers stuck to the current Plan B measures, there could be a peak of 3,000 hospital admissions in England per day.’Nail in the coffin’Kate Nichols, chief executive of UKHospitality, which represents many restaurants, hotels and leisure firms, said further restrictions would be devastating for the industry.”It’s better to trade, even a little bit, than be closed down altogether,” she said. “There are a lot of costs closing down sites and then reopening them. Having a fourth lockdown would be the final nail in the coffin for some businesses.”The damage to consumer confidence can be irreparable. We are already seeing an impact on bookings in January, February, even Easter.”The owner of several inner-London gift shops, who asked not to be named, said that what meagre trade was still happening would dissolve completely.He said: “The City is becoming more and more empty and what was a few weeks ago looking like some sort of gradual return to a degree of normality is now vanishing. “There is also no support – we have to keep the shops open, pay rents, rates, staff costs – which are all fixed costs and yet have a dwindling customer base at a key trading period.”Chancellor to hold Omicron crisis talks with firmsFirms plead for help as customers cancel bookingsHospitality ‘takes £1bn hit’ on Christmas partiesThe British Chambers of Commerce (BCC), which has 80,000 members, said there should be no tightening of restrictions without more financial help from the Treasury.The BCC is one of several business groups that held talks with Chancellor Rishi Sunak last Thursday and Friday. Other bodies on the conference calls included the CBI, Federation of Small Business, and executives from Greene King, Nandos and Whitbread, which owns Premier Inn.Financial supportBCC co-executive director Hannah Essex said: “The chancellor has listened to our concerns and now needs to come forward with financial support measures to ensure businesses can survive through the typically quieter months ahead.”During this crucial festive trading period, many businesses are already facing the impact of plummeting consumer confidence as a result of the current situation. “No one wants to see further restrictions, but if they are deemed necessary to protect public health, government must simultaneously ensure commensurate support is available to affected businesses.” On Sunday, a Treasury spokesperson said “The chancellor has spoken to a range of business and industry leaders in recent days.”We recognise how important the festive period is for so many businesses and the government will continue to engage constructively on how it can best provide ongoing support to the businesses and sectors affected.”Also on Sunday, Prime Minister Boris Johnson faced criticism from a senior Conservative MP about the economic damage caused by the “off the bus, on the bus” approach.Speaking on Times Radio, Tobias Ellwood said: “That approach needs to stop because it’s damaging our economy, wearing people out and our NHS isn’t able to cope.”There needs to be better planning for the future because other variants may emerge, so the government cannot keep “locking down and killing the economy, then trying to revive it again”.

SharecloseShare pageCopy linkAbout sharingImage source, Getty ImagesThe spread of the new coronavirus variant, Omicron, will slow the recovery for the airline industry, but it has not dented overall demand for tickets during the busy winter travel season, according to Emirates airline president, Tim Clark “Omicron slowed our momentum somewhat, but we are still seeing positive demand recovery overall,” Mr Clark tells the BBC.For people travelling internationally, the spread of the new Covid-19 variant is ushering in new testing rules, border closures and the rapid reintroduction of quarantine measures.This shift raised concerns for many airlines just ahead of their significant Christmas and New Year travel season which generates big revenues due to higher ticket sales. This holiday period is crucial for the industry, with flights operating at high capacity as millions across the globe travel for holidays and to visit families.Immediately after the emergence of Omicron, Mr Clark initially expressed greater concern that a major hit to the peak December month would cause “significant traumas” in the global aviation business, speaking to Reuters. Like many airlines across the globe, Emirates suspended flights to countries in Southern Africa and had to stop flights to Morocco due to the border closure.Image source, Getty ImagesBut Mr Clark says that the airline has now been able to “compensate for that shortfall” due to strong demand on other flight routes – adding flights to Australia, parts of Europe and the UK.”So far, the impact hasn’t been significant on the business as Emirates had initially anticipated,” he says.United Arab Emirates-based airlines say that despite Omicron, flights to the country have been operating at full capacity. High levels of vaccination uptake in the country and low Covid-19 infection rates have been instrumental in attracting travellers. The World Expo 2020, for instance, still underway in Dubai, has drawn tens of thousands of foreign visitors since the six-month event kicked-off in October.Abu Dhabi based, Etihad Airways’ chief executive, Tony Douglas does not expect Omicron to have as “big an impact” on the global airline recovery as earlier variants such as Delta had.”There is a huge hunger to travel, driven by visiting friends and family,” he says.Qatar Airways’ boss, Akbar Al Baker, has said he hopes that the new coronavirus variant “will have a limited overall impact” on the industry’s recovery.Image source, Getty ImagesTurbulence for other regions?While airline industry bosses in the Middle East say they’re not perturbed by the spread of Omicron, executives in other regions are feeling jittery. Apart from travel restrictions, navigating new testing rules as more details about the new variant emerge, is also proving to be a big challenge.Top European airlines such as British Airways, Ryanair, and easyJet pushed back against the introduction of new testing rules for vaccinated travellers brought in by the UK government, and have asked for immediate financial support to sustain the sector through this latest crisis.After an 18-month slump, European carriers had started to see an uptick in international air traffic during their summer season this year. A rise in air traffic was driven in part by higher vaccination rates and the easing of travel curbs. In November, commercial and defence deals for new aircraft worth $78bn (£59bn) were signed at the Dubai Airshow, in a sign that some people read as “the worst was over” for the industry after enduring a turbulent period since the outbreak of the pandemic. Image source, Getty ImagesAircraft manufacturers swiftly signed multibillion dollars deals, with Airbus amassing orders for over 400 jets during the course of the five-day event. While the airlines at the show expressed confidence of a bounce back in 2022, things have changed since the emergence of the new variant.Orkun Altintas, director for aerospace and defence at consultancy, Frost and Sullivan says it is too early to gauge the full extent of the impact of Omicron. But he expects the recent developments to set back the sector recovery in the near term. “Airlines were expecting substantially higher revenues compared to last year during the holiday season, but now they are not certain about it.”Earlier in December, Fitch Ratings modified its outlook for global air traffic for 2021, lowering it to just over 50% of 2019 levels, versus a previous forecast of a 35% drop. Fitch also slashed its outlook for 2022 and 2023, on the basis that “additional waves of infections and policy responses could lead to travel restrictions and stalled or temporary declines in traffic”.Some countries, including Japan, Israel and Morocco, have temporarily barred non-resident foreigners altogether. At the time of writing, travellers entering Singapore must now be tested daily for seven days after their arrival, while the United States requires a negative Covid test 24 hours before flying. Flights from South Africa, Lesotho, Eswatini, Botswana, Namibia, Malawi, Mozambique and Zimbabwe remain suspended by many, including the EU and the US. Image source, Getty ImagesThe International Air Transport Association (IATA) in the meantime has warned that the imposition of travel bans by various governments, against the advice of the World Health Organisation, could threaten the sector’s recovery. The IATA reports a marked improvement in domestic and international travel in recent months ahead of the discovery of the latest variant.”Unfortunately, government responses to the emergence of the Omicron variant are putting at risk the global connectivity it has taken so long to rebuild,” Willie Walsh, IATA’s director general said in a statement.Despite tighter travel rules, experts say they are not seeing the same level of cancellations and drop-offs in new bookings that occurred when entry rules were tightened previously. Orkun Altintas says he is confident that if existing vaccines prove to be effective against the new variant, then the sector could rebound quickly.”There is a lot of pent-up demand. Once there is more clarity about the vaccines and also about rules and restrictions, travel will pick up. But, for now, there are a lot of unknowns.”

SharecloseShare pageCopy linkAbout sharingFrance is bringing in tougher travel restrictions for travellers arriving from the UK from Saturday as part of efforts to slow the spread of the Omicron variant of coronavirus.The BBC talked to holidaymakers and hoteliers about the effects the tighter restrictions will have on them.Mum of two Anna Baldwin had planned to take her two boys to Disneyland as a Christmas surprise. “I’m very upset about the French travel ban,” she said. “I was devastated.”The family had booked tests, “and they’re not cheap”, she said. But the main problem was that the trip “was meant to be a Christmas present for my children and a complete surprise”.Her plans are now up in the air. She says she’s already paid out for a fun Christmas, so staying in the UK means extra cost for things such as food.”If we’ve got to stay home for Christmas it means, obviously, I’ve got to do Christmas shopping, so we’re a little bit stuck at the moment,” she said.Anna was pinning her hopes on being able to pick up some flights on Friday to try to get into France before the restrictions come into effect.”I’m trying to scramble now to look for flights. The only thing is, I’m a little bit nervous. Will we be able to get back?”‘I was absolutely devastated’Maxine Jones and eleven family members were planning to go to Disneyland. “It was my present to my children, my grandchildren, and my parents,” she said.Maxine was “absolutely devastated” when she heard the news about the extra French travel restrictions.She had booked a minibus for most of the people on the trip. The plan was to travel to Disneyland on 23 December, and come back on 27 December.”As you can imagine, everybody was excited,” she said.Maxine said she had spent more than £11,500 on the trip, “and I haven’t got any of that back yet”.”Obviously I’ve got insurance, but it’s all going to take time, it’s not going to come back overnight”.”But it was the trip. My mum and dad are 85 and 86, so it would have been nice to go. You don’t know if you’re going to get that time with them again.”She adds: “The worst part is that we just won’t be going. Nobody is prepared in my family for Christmas now. Even to the extent that my parents only put up a small Christmas tree this year, and they usually go over the top.”‘I’m just sorry for my customers’Pascal Benatar is the owner of the Edelweiss hotel in Pralognon-le-Vanoise in the French Alps.”We were completely booked for this vacation, and the government announcement changed things,” he said.”We have definitely had some cancellations by British people. We hope that for French people it will be OK, and we won’t have any cancellations,” he said.The hotel had been advertised in UK newspapers and from that, five families were booked to come for Christmas.”They just cancelled this morning because it was not possible to come,” he said. “It was terrible for them. They wanted their holidays in France, and in the end, they were not able to travel.”He said business had been improving over the summer. “We started this winter with a lot of hope. Just one week before [Christmas] starts, it’s a big mess for us.”It will be a financial problem. We’ve hired all our team – we have ten staff in a small hotel – and we don’t know how to manage that.””The problem is, nobody knows what’s going to happen. Three days ago [customers] were speaking to us to arrange ski passes. [Travel restrictions] came just like that – now, no vacation. I’m just sorry for my customers.”‘We have to adapt’Victor Dapremont, a sales manager for the Mademoiselle Hotel in Paris, said he was “very surprised” when the French government tightened travel restrictions.”It’s just another restriction at a very difficult time for us in Parisian hotels,” he says. By Thursday, about 80% of guests coming from England had cancelled their bookings. It’s “a big impact” on the business, he said.In a normal year, about a third of guests at the hotel at this time of year are BritishVictor says the hotel would have to “modify the price” of its rooms, and look for customers from countries not facing the same restrictions.”It’s a complete change for us,” he said. “We have to adapt economically and strategically.”

SharecloseShare pageCopy linkAbout sharingImage source, Getty ImagesRegulated rail fares in England will rise by 3.8% from March, in the biggest increase for nine years.These regulated prices make up about half of fares and include season tickets on most commuter routes. Increases are normally implemented on the first working day of every year, but have been delayed until March since 2020 due to the coronavirus pandemic.The fare rises are based on the Retail Prices Index (RPI) measure of inflation in July.This time, the government says it will not increase fares by the normal formula of RPI plus 1%, which it used this year when fares went up by 2.6%.Fares for rail services in Northern Ireland are set by state-owned operator Translink, which does not use RPI. The Scottish Government has not announced its plan for 2022. Wales usually matches changes made in England.Rail minister Chris Heaton-Harris said: “[This] strikes a fair balance, ensuring we can continue to invest record amounts into a more modern, reliable railway, ease the burden on taxpayers and protect passengers from the highest RPI in years.”Delaying the changes until March 2022 offers people the chance to save money by renewing their fares at last year’s price.”Image source, ReutersOperators are generally expected to match these rises for unregulated fares, although they have been hit hard by the cost of lower passenger numbers during the pandemic. The government said £14bn of taxpayers’ money had been spent to keep services running during the pandemic. It said the rise would help meet some of those costs as well as pay for service improvements.Anthony Smith, chief executive of the independent watchdog Transport Focus, said: “As some fares rise it is even more important that Great British Railways, when it is set up, gives life to the government’s ambition to make rail fares better value for money. “The need to boost passenger numbers and revenue through innovative rail ticket retailing and offers will be vital. Keeping costs under control will also be needed.”‘Brutal’But Louise Haigh, Labour’s shadow transport secretary, said: “This brutal Tory fare hike will be a nightmare before Christmas for millions of passengers.”Families already facing soaring taxes and bills will now be clobbered with an eye-watering rise in the cost of the daily commute.”Inflation rose by 5.1% in the 12 months to November, the highest level in a decade, prompting the Bank of England to increase the UK interest rate for the first times in three years.The Department for Transport also announced the Book with Confidence scheme will be extended until the end of March next year.This allows passengers to change their travel plans up until the night before departure, without being charged a fee, or cancel their tickets and receive a refund in the form of rail vouchers.

SharecloseShare pageCopy linkAbout sharingImage source, FarmdropFarmdrop, an online company that delivers food direct from farmers and producers, has closed. Customers, unsure if they have been let down over their Christmas orders, have shared their disappointment online. In an email to customers on Friday morning, the firm said that Thursday was the final day of deliveries – leaving many confused about Christmas. It follows recent warnings from food firms that the UK is facing a worsening supply chain crisis.Customer Kate Marfleet wrote on Twitter that she had been charged for a Christmas order which was supposed to arrive on Friday, while others sought advice about where else they could order in time for 25 December.Well @farmdrop have gone bust, and with that, my Christmas food delivery… anyone got any intel on places still selling goose? 😑— Lamlamlamlamlamyaaaa (@dealam) December 17, 2021
The BBC is not responsible for the content of external sites.View original tweet on TwitterThe BBC has contacted Farmdrop for a response. In the email to customers, the firm said it had not been able to secure the “support and capital” needed to survive. The firm wrote that they had aspired to have a great impact by “influencing change in the food system for the better”. “As of yesterday, it has become apparent that we have exhausted all possible options. It is with very heavy hearts that we must let you know that we will no longer be able to serve our cherished customers,” it continued. Food firms call on government to fix supply chain What will happen to all that leftover turkey?At the start of lockdown, Farmdrop saw a surge in demand and its orders doubled. But despite this spike in sales during the pandemic, in 2021 the company reported pre-tax losses of £10m compared to £11m the previous year.In June last year it secured £6m in funding from investors including Wheatsheaf Group, which is part of the Duke of Westminster’s Grosvenor Estate as well as Atomico, a fund that was set-up by Niklas Zennström, the co-founder of Skype.The company, founded nine years ago, had expanded its delivery range last year to a further 2.7 million houses, bringing the total to 7.1 million.

SharecloseShare pageCopy linkAbout sharingImage source, Getty ImagesChancellor Rishi Sunak is set to meet business leaders for crisis talks on Friday as firms warn of lost bookings.Faers about the Omicron variant of coronavirus have prompted many people to cancel Christmas dinners and parties, hitting businesses.Hospitality firms and business groups told the chancellor their trading situation was deteriorating rapidly.Mr Sunak said the government would do “whatever it takes” to support jobs, but that funding was already available.This includes £250m that has been provided to local authorities for grants to support businesses.On Thursday Mr Sunak was in California, but held a hastily convened call with representatives from business groups and companies, including the Federation of Small Businesses, the CBI, UKHospitality and senior executives from Greene King, Nandos and Whitbread, which owns Costa and Premier Inn.The Chief Secretary to the Treasury, Simon Clarke, was also on the call.Attendees described the chancellor in “listening mode”. The participants said Mr Sunak appreciated the situation was deteriorating rapidly.The chancellor asked what kind of assistance they were looking for, and there were specific requests for an extension of the discounted VAT rate of 12.5% beyond its scheduled end on 1 April.The participants also requested a deferral of any business rates due in the first quarter of 2022, and grants to businesses in most dire need.Firms plead for help as customers cancel bookingsHospitality ‘takes £1bn hit’ on Christmas parties’I’ve had 3,200 bookings cancelled at my pubs’There were no specific commitments on the part of the Treasury on measures or timing.After Thursday’s meeting, Mr Sunak then flew back a day early from his US trip where he was meeting technology firms to try to encourage investment in the UK.Before flying, he said the situation in the UK with Omicron “is very different to what we’ve done and encountered before”.”The government is not telling people to cancel things. It’s not closing down businesses.”The Treasury said the chancellor would “resume discussions with business leaders” on Friday.Immediate priorityMr Sunak said that it is “a difficult time for the hospitality industry” but he said there were existing support measures in place to help the industry.”Until spring of next year, most businesses in the hospitality industry are only paying a quarter of their normal business rates bill. They are benefiting from a reduced rate of VAT all the way through to next spring.”And thirdly, there is about quarter of a billion pounds of cash sitting with local authorities that’s been provided by government to support those businesses who need it.”He added that his immediate priority is to make sure that £250m “gets to those businesses as quickly as possible”.The hospitality industry has warned of a devastating effect of public concern over the rapid spread of the Omicron variant of coronavirus.The British Beer & Pub Association warned on Thursday that pubs would sell 37 million fewer pints over Christmas, losing out on £297m.

SharecloseShare pageCopy linkAbout sharingImage source, Getty ImagesBanking giant HSBC has been fined £63.9m by the UK’s financial regulator for “unacceptable failings” of its anti-money laundering systems.The Financial Conduct Authority (FCA) said weaknesses in HSBC’s financial crime safeguards had been highlighted several times before action was taken.The bank has not disputed the findings and agreed to settle, resulting in its fine being being cut from £91m.HSBC’s failings cover a period of eight years, from 2010 to 2018, the FCA said.The regulator said there was “inadequate monitoring of money laundering and terrorist financing scenarios until 2014, and poor risk assessment of “new scenarios” after 2016.Europe’s biggest bank was found to have had inappropriate testing and did not check the accuracy and completeness of data.”HSBC’s transaction monitoring systems were not effective for a prolonged period despite the issue being highlighted on numerous occasions,” said FCA executive director Mark Steward.”These failings are unacceptable and exposed the bank and community to avoidable risks, especially as the remediation took such a long time,” he said.In a statement, an HSBC said: “We are pleased to resolve this matter, which relates to HSBC’s legacy anti-money laundering systems and controls in the UK.”HSBC is deeply committed to combating financial crime and protecting the integrity of the global financial system.”It is not the first time HSBC has been fined for lax money laundering controls. In 2012, it paid $1.9bn (£1.4bn) after an investigation by the US Department of Justice for failing to prevent laundering by Mexican drug cartels. The bank agreed to be monitored by US regulators for five years.The FCA said its fine did not relate to the US action.Last week, banking rival NatWest was fined £265m after admitting it failed to prevent money-laundering of nearly £400m by one firm.A gold trading firm suspected of money-laundering deposited £700,000 in cash into one NatWest branch in black bin bags.NatWest said it deeply regrets failing to monitor the customer properly.

SharecloseShare pageCopy linkAbout sharingImage source, Getty ImagesA company that was once one of China’s biggest property developers says it has “lost contact” with a wealth manager that has $313m (£235m) of its money.China Fortune Land Development says British Virgin Islands-registered China Create Capital was supposed to have invested the funds on its behalf.Fortune Land told investors it has reported the issue to Beijing police.This month, the firm unveiled plans to restructure its debts after defaulting on billions of dollars of bonds. In 2018 one of Fortune Land’s overseas operations signed a deal that entrusted a company called Wingskengo Ltd to provide investment management services to the property developer, according to a document filed this week with the Shanghai Stock Exchange.The filing goes on to detail how, as instructed by Wingskengo, Fortune Land transferred $313m to China Create Capital.Fortune Land said it had expected the investment to generate annual interest of 7% to 10% until the agreement was due to expire at the end of 2022.However, Fortune Land said it is now unable to contact Create Capital, adding there is “no way to judge” what impact the missing money will have on its current and future profits.Evergrande misses debt deadline as crisis worsensShares in cash-strapped China property giant plungeLike several other major Chinese real estate companies, Fortune Land has seen its shares plummet in recent months as the industry was gripped by a debt crisis.Its Shanghai-listed shares have lost more than 70% of their value this year after failing to meet its financial obligations.However, Fortune Land said earlier this month that a group of creditors had approved a debt restructuring plan.The agreement offered a potential lifeline to the heavily indebted company after it defaulted on billions of dollars of bond debt this year.Debt crisisFortune Land is just one of China’s debt-laden property developers that came under intense pressure after Beijing launched a sweeping crackdown on excessive borrowing in the sector last year.Industry giant Evergrande, which has around $300bn of debt, has been the most high-profile company to be engulfed by the crisis and has recently missed interest payments on some overseas bonds.Meanwhile, rival developer Kaisa, which has offshore debt of $12bn, did not repay $400m of bonds that matured last week.You may also be interested in:This video can not be playedTo play this video you need to enable JavaScript in your browser.

SharecloseShare pageCopy linkAbout sharingImage source, Getty ImagesThe US Congress has passed a bill that requires companies to prove that goods imported from China’s Xinjiang region were not produced with forced labour. The US has accused China of genocide in its repression of the predominantly Muslim Uyghur minority there – a charge that China has repeatedly rejected.The bill had been criticised by major companies that do business in the area, including Coca-Cola, Nike and Apple.Its passage also overcame initial lack of support from the White House.It was approved by the Senate on Thursday with the vote of every member of Congress except one.The Uyghur Forced Labor Protection Act, as the bill is formally known, now heads to the desk of President Joe Biden to be signed into law. It comes after months of Mr Biden’s spokeswoman refusing to take a stand on the legislation. Earlier this week, press secretary Jen Psaki said Mr Biden would sign it. Who are the Uyghurs? China’s ‘tainted’ cottonThe US accuses China of employing slavery and genocide in China’s resource-rich western region. US and multinational corporations, which are already facing shortages over supply chain issues, had lobbied against it out of concern over how it would affect business. “Many companies have already taken steps to clean up their supply chains. And, frankly, they should have no concerns about this law,” said Florida Senator Marco Rubio, after the bill passed the upper chamber of Congress. “For those who have not done that, they’ll no longer be able to continue to make Americans – every one of us, frankly – unwitting accomplices in the atrocities, in the genocide.” Lawmakers in both chambers struck an agreement this week on the final text of the bill after earlier versions passed the House and the Senate.The measure also removes a Republican blockade that prevented Mr Biden’s nominated ambassador to China, Nicholas Burns, from being approved. Earlier on Thursday, the US Commerce Department announced sanctions on over 30 Chinese technology companies and research institutes that are accused of working in support of the Chinese military. The newest rule bans American companies from selling goods to the sanctioned companies and entities without a special license. The agency also accused China’s Academy of Military Medical Sciences of using biotechnology “to support Chinese military end uses”, including “purported brain-control weaponry”.China “is choosing to use these technologies to pursue control over its people and its repression of members of ethnic and religious minority groups”, Commerce Secretary Gina Raimondo said in a statement.Also on Thursday, the US treasury department announced an investment blacklist of eight Chinese companies that it accuses of biometric surveillance and tracking of Uyghurs – including DJI, the world’s largest maker of small drones frequently used by amateur hobbyists. Asked about the possibility of new US sanctions at a briefing on Wednesday, Beijing foreign ministry spokesperson Zhao Lijian responded: “By overstretching the concept of national security, certain US politicians politicise and instrumentalise science and technology and economic and trade issues based on ideology. “This runs counter to the principle of market economy and fair competition. It will only threaten and hurt the security of global industrial and supply chains and undermine international trade rules.”The moves comes amid rising tensions between China and several primarily western nations. The UK, Australia, the US and Canada have announced that they will not send diplomats to the 2022 Beijing Winter Olympics – due to be held in February 2022 – in protest against alleged Chinese human rights abuse.This video can not be playedTo play this video you need to enable JavaScript in your browser.

Over the past year, daily life has become much more expensive in Turkey. The official inflation rate is now at 21% but could be much higher in reality. The value of the Turkish lira currency has lost nearly half its value this year, leaving businesses and people struggling to pay bills. The BBC’s Victoria Craig reports from Istanbul.Producers: Stephen Ryan and Gulsah Karadag.