Business Live with Ian King: Calls for legislative reform to protect jobs in the UK's luxury se

Watch Business Live with Ian King, as the UK's luxury sector is worth £81bn a year to the UK economy - the equivalent to 3.7% of GDP - but legislative reform is needed to protect it. That's according to Walpole the official body for the UK luxury industry. It's calling for reform to intellectual property laws to protect jobs and ensure future growth. It's new report - Luxury in the Making - suggests the sector’s contribution to the economy has grown 69% in just five years, supporting more than 450,000 jobs. Ian King will be joined by Helen Brocklebank, Chief Executive of Walpole. Ian's other guests include: ????Freddy Colquhoun, Investment Director at JM Finn. ???? Dan Ives, Managing Director and Senior Equity Analyst at Wedbush Securities Other business stories: ???? Digital bank Monzo in talks to sell stake to Singaporean state fund GIC https://trib.al/3R3qHYi ???? Weak heat pump uptake harming efforts to cut emissions, government warned https://trib.al/V4BmApN Latest business news ???? https://trib.al/unXvp4J Money advice blog ???? https://trib.al/wEeVvFT #Business #Economy #CostOfLiving #Banking #Stocks #Budget #Wages #Manufacturing #Banking SUBSCRIBE to our YouTube channel for more videos: http://www.youtube.com/skynews Follow us on Twitter: https://twitter.com/skynews Like us on Facebook: https://www.facebook.com/skynews Follow us on Instagram: https://www.instagram.com/skynews Follow us on TikTok: https://www.tiktok.com/@skynews For more content go to http://news.sky.com and download our apps: Apple https://itunes.apple.com/gb/app/sky-news/id316391924?mt=8 Android https://play.google.com/store/apps/details?id=com.bskyb.skynews.android&hl=en_GB Sky News Daily podcast is available for free here: https://podfollow.com/skynewsdaily/ Sky News videos are now available in Spanish here/Los video de Sky News están disponibles en español aquí: https://www.youtube.com/channel/UCzG5BnqHO8oNlrPDW9CYJog To enquire about licensing Sky News content, you can find more information here: https://news.sky.com/info/library-sales