Way. Most of the markets are headed higher. We will tell you all you need to know. The need for weed, as cannabis is being legalised across the united states. We meet one company is helping to turn local pot growers into big business. But, do you think that cannabis should be treated the same way as tobacco and alcohol . That is what we are asking today. Let us know. Just use the hashtag bbcbizlive. Dont hold back. Tell us what you think about the legalisation of cannabis and its sale en masse in places like colorado. It is a hot debate. Brexit dominates the headlines again. The uk Prime Minister is said to be fighting battles within her conservative party over the terms of leaving the European Union and today the eu is expected to sign off on what it wants for the all important transition phase. There are two key dates. The 29th march next year is when the uk government insists its leaving the eu. The second is 31st december 2020. Thats when the eu wants the so called transition period to end. And brussels says the uk will stay in the Customs Union and Single Market until then, which means eu rules continue to apply even though the uk will have no say in making any changes. One big disagreement is likely to be over International Trade deals. The eu argues that whilst the uk is still in the Single Market it cant sign its own trade deals without approval from brussels. But, on friday, the uks brexit secretary, david davis, insisted the uk would be free to sign its own trade deals during the transition period. Simon usherwood is Deputy Director for uk in a changing europe. Nice to see you. Welcome. A phrase we will hear a lot over the next bidets is negotiating directives, isnt it . That will move us on to the next step. What is at stake . This is the second phase of the talks, the article 50 process of the uk leaving. We have talked about Citizens Rights and finances and northern ireland. Now we are talking about the transition arrangements, the period until we can get a new relationship in place and getting a feel of what the new relationship might be. There are two dates which will affect all of this was whether it is 2018 or 2020 at which time the transition phase will have ended. There is a big debate about what happens when. It is about trade deals that need to be signed. And what rules need to be applied. What you are saying is that should look pretty much like membership except that the uk will not have a voice and a vote in most ago she asians. The consequence of that is everyone wa nts to the consequence of that is Everyone Wants to try to keep this nice and compact and shorts and we can move on to the new arrangements. Negotiations. We know it does not a lwa ys negotiations. We know it does not always go to plan and perhaps there is not enough time to stop one thing is not enough time to stop one thing is about immigration and the movement of trade deals. Potentially people from the European Union could still settle in the uk right up till the end of the transition phase . Still settle in the uk right up till the end of the transition phase7m the end of the transition phase7m the uk is going to be applying the eu laws and rules, as does as a member, that includes free movement. Uk citizens leaving in the eu, places like spain is still have the same rights and access as they do at the moment. That will be a problem for domestic political audiences who, for many of them, they wanted to leave the eu to limit those kinds of things. So, another two years of something they wanted to stop. Also about trade. The uk is very keen to start striking new trade deals with countries around the world. They cannot do that potentially until 2020. David davis was talking about negotiating new deals and signing them. As a member, the uk cannot sign its own trade deals. Potentially there might be room for agreement where the users, you can start the ball rolling to reduce the gap between ending the eu relationship and starting the uk ones with third countries around the world. The uk are negotiating in brussels and there is a lot of uncertainty in westminster, not least with Prime Minister theresa may and her government that potentially the cabinet want different things. This is the real concern on the side of the eu as much as anything else. The eu does have a clear line on what it wants to do and how it wants to do it. With that uncertainty, particularly with the election last year, theresa may looks insecure in her position. If the unrest in the backbenches continues, we will see more and more caution which will make it more difficult to reach a deal. One thing for us to watch very closely. Nice to see you and thank you for explaining that. Lets take a look at some of the other stories making the news. President Donald TrumpsNational Security team is looking at options to counter the threat of china spying on us phone calls. According to a senior white house official, the proposals include the government building a super fast 56 wireless network. An investigation has been launched after a firm allegedly sold millions of fake followers to social media users. The company, devumi, stands accused of stealing the identity of real people, and using them to create fake accounts. Thats according to the new york times. The firm has denied the allegations. Fords china chief jason luo has resigned, afterjust five months in the role. His resignation was effective immediately, the company said in a statement. Luo was responsible for leading the carmakers operations in china, including its import business. The Australian Government has set out plans to become one of the worlds top ten arms exporters over the next decade. The Defence Industry minister said grants to help arms manufacturers increase sales could create tens of thousands of jobs. Google has announced a 100 Million Investment in the Ride Hailing Company go jek. What does it mean . Karishma vaswani is in singapore for us. We know there is a battle between the likes of lift and gruber. And 110w the likes of lift and gruber. And now this company go jek. The likes of lift and gruber. And now this company go jekli the likes of lift and gruber. And now this company gojek. I am sure people in this part of the world are familiar with it but audiences in europe may not know. Go jek the company that is very much part of the big ride hailing competition for passengers out on Southeast Asian streets. It has rivals such as uber in this region, as well as grab. Sources at google said the company is pumping some 100 million worth of investment into go jek was this marks googles first ride hailing app investment. 0ther investors are companies in china. You are starting to see this part of the world being carved up into various directors decided who they are going to bet on in this competition. You have uber and grab being backed. But go jek is the prize in this part of the world, not just for the prize in this part of the world, notjust for ride the prize in this part of the world, not just for ride hailing the prize in this part of the world, notjust for ride hailing but the internet market as well. Lets have a look at the financial markets. In asia, it was a bit of a mixed day. It got fairly mixed as the day progressed. Some things to keepin the day progressed. Some things to keep in focus, last week there was a lot of talk about protectionism and also weaker dollar policy. That was buffeting markets to a degree around the world last week. That was all coming out of davos, the World Economic forum. People are back focusing on earnings and economic news. Lets have a look at europe. You can see london up slightly for the back is the story across the board. Earlier you can see the spanish markets are lower. Many commodities are doing really well for you have a weaker pound sterling probably because of the conflict over brexit. And Samira Hussain has the details about whats ahead on wall street today. Fresh Consumer Spending numbers come out on monday for that this is important because Consumer Spending accou nts important because Consumer Spending accounts for two thirds of all us economic activity. The Commerce Department is expected to report Consumer Spending will have picked up Consumer Spending will have picked up by Consumer Spending will have picked up by. 6 Consumer Spending will have picked up by. 6 and shipments of capital goods orders increased for the tenth straight month. Also happening, negotiations for the sixth and penultimate round of talks in finalising the north American Free trade agreement. Time is running out for canada and mexico to tackle what they call unacceptable demands by they call unacceptable demands by the united states. On monday we will hear from the pentagons the united states. On monday we will hearfrom the pentagons number one weapons supplier. It is expected to report its Fourth Quarter results. Joining us is michael hewson, chief market analyst at cmc markets. Lets stay with the us. That is the focus for markets this week. Certainly what i am paying particular attention to this week. It has been the worst start for the us dollar since 1987 in terms of performance. We have seen six successive weekly declines since the last fed meeting. I will Pay Attention to whether or not the Federal Reserve upgrades its Economic Forecast for the year ahead in light of the recent tax cuts that we re in light of the recent tax cuts that were implemented by the 0bama administration. I think it would be a big week for the dollar. Will we see a rebound after six weeks of declines . Just on that point, the pound is weaker today. Is that because the dollar is coming back a bit or is it because of concerns about theresa may and what is happening with regards to brexit . dont think concerns about theresa may and brexit at anything new if you look at what the pound has done since august, it is up 7 on a trade weighted basis. What we have seen todayis weighted basis. What we have seen today is a bit of a dollar rebound was if you look at the pound against the euro, it is pretty much flat on the euro, it is pretty much flat on the day. What else are you watching out for . Any earnings you want to keep an eye on . There are significant earnings coming out this week. Particularly the oil companies. Will the Higher Oil Price be reflected in the headline numbers . Will the return of the dividend signify by other rises in the share price . As always, it is good to talk to you. Talking us through what the city is keeping an eye on. Lets talk about a story about that cannabis industry. 0ne company that is helping marijuana owners turn their plants into big business. You are with business live from bbc news. Is yourjob is safe from the rise of robots . People in the midlands are more vulnerable to the rise of automation. We have been finding out more. It is machines like these that are starting to take the place of workers more and more for that this isa car workers more and more for that this is a car Park Distribution Centre in chesterfield. The reason they are improving as a business businesses because they are getting more and more automation. This report highlights the fact they think of this that the jobs in the uk could be at risk. More importantly, they say, the benefits may only be seen in the south of england and the south east of england, london and the south east. The north and the midlands, the east midlands like here, could see not so much of the benefits of that. When you look at the potential benefits of automation and robots quite you can see businesses like these can become more efficient. There are going to bejob more efficient. There are going to be job losses over the next ten, 20 yea rs. Be job losses over the next ten, 20 years. There will be innovations like robots taking jobs away. People are concerned about that. The key m essa 9 es are concerned about that. The key messages ourjobs will be lost but opportunities will be created and we need to prepare people for that opportunity. A lot of opportunity and a lot of things for areas like chester built to have to take into account. It is notjust warehouses, it is retail assistance and Insurance Brokers as well put up still be opportunity for growth as well. Theres quite a bit on that subject on our website so take a look if you a re interested. On our website so take a look if you are interested. Regulators are to investigate the audit of carillion, carried out by kpmg. They say the move follows inquiries made since a profit warning in july, move follows inquiries made since a profit warning injuly, and you will know theres a lot of criticism over why carillion was still awarded contracts even though it had issued profit warnings. Theres lots of detail on that story and also more on the business live page about Companies Impacted by the carillion collapse. Youre watching business live our top story another brexit milestone the eu decides on what it wants, and what its willing to be flexible on, in negotiation with the uk. That could have an effect on markets in europe too so lets have a look. We have seen weakness with the pound as the uncertainty continues. Now we are going to talk about something that is very controversial and most people have strong opinions about this. We are talking about burgeoning of a very lucrative industry of marijuana. But first we are going to talk about Artificial Intelligence and augmented reality. Technology is proving a game changer for many industries. Forget about that, back to marijuana. Have you had some . Yes, in the green room no, i havent. There has been a growing awareness that schools need to revamp, to give todays students the Digital Skills theyll need in the future. And, theres big money in it too. This education dollar has brought almost a thousand Edtech Companies here to london. 0ur reporter katie silver went along to take a look. Going inside volcano, a trip to new york or to space, Virtual Reality, they tell me, is the future to education. You can put the camera in and create your own 360 content. The company weblogs has partnered up with google to sell Virtual Reality sets to schools. The tech giant has made no frills version of its own. This is literally a piece of cardboard with telescopic lenses and inside is a smartphone. The cardboard versions cost 15 each but its unclear how parents will feel about google being so embedded in classrooms. Robotics company i spoke to also wants to educate tomorrows pupils. They are getting an introduction to computer science, mechanical engineering, electrical systems. These are really in demand careers at the moment. Companies are also using drones to inspire children to cope. Using software, children to cope. Using software, Children Programme machines and learn mathematical concepts at the same time. It is expected to reach 150 billion by 2020 and brought exhibitors like these from around the world, hoping to break themselves off a bit of that pie. When you build something that adds value instantly and is so simple, theres Many Companies working into this space but it takes a certain mix of technologies to understand the classroom and teacher. Whoever gets that right sees the volume increasing significantly. There are Even Companies allowing children to print greedy pens perfectly tailored to their grip. Print greedy pens perfectly tailored to theirgrip. Print greedy pens perfectly tailored to their grip. 3d pens. Fascinating, now onto the controversial debate i tried to introduce to you three minutes ago. Yes, it was worth waiting for. You work just teasing. In the us, cannabis is legal medically in 29 states and recreationally in nine others. The latest figures show the market was worth 7. 1 billion in 2016 and its growing every year. The un estimates the Global Industry is worth 142 billion. And transforming the sale of cannabis from an illegal to legal endeavour means creating a lot of newjobs some estimate over a million and, of course, revenue from tax. To help navigate the Business World of cannabis, is a Company Called budtender. Its chief executive Ebony Costain is with us now. You help people work out how they can make jobs, pay you help people work out how they can makejobs, pay their taxes you help people work out how they can make jobs, pay their taxes and do this properly as a business, how does it work . We are an Online Platform working with Cannabis Brands to deliver information to people responsible for selling the products, and they are called budtenders. You have to have a budtenders. You have to have a budtender to facilitate transactions. With advertising laws, with cannabis, very restrictive so brands are having a hard time and how to get there rounded product information in front of the customer. So this helps them navigate the market, what they can and cannot do. We were surprised how many products there are. This isnt just about the leaf. No, you have edibles, topicals, patches, even inhalers, so thousands of products and they are all different in different states so being able to keep up with that information is a lot for the budtenders. You are in colorado, which is where it has become legal in the last five years and the industry there has boomed, hasnt it . You moved from virginia to colorado where you could provide this business legally. How do you do that, because if you are going to provide information about thousands of products which the user needs to know all the different elements and whether it affects them chemically well or not, whether it will supply the medicinal lead or not, how do you know whats involved in each of these products . We work very closely with the brands and help deliver their product information, their brand stories so we are notjust guessing on our own. We are working hand in hand with the brands we work with. And they pay you money, dont be, so if im going on your website andi be, so if im going on your website and i want to find out about the different brands, how do i know your information is impartial and not skewed by the fact they pay you to tell me about their products . understand that but it is a marketing platform. How you see advertisements in commercials and magazines, it is up to the consumer to filter through that. It is pretty rare there is an industry that is created overnight, and to be at the forefront of it from early stages, are you now looking around the world at where else this is applicable . Where governments are thinking should we legalise . Yes, the great thing with our platform is it is scalable since it is online technology, we can go to israel or amsterdam. So where are you watching . Clearly the us, california will be a huge market. In a couple of years they are expected to see 1 billion with the tax revenue. But you have to be right across the moor, dont you. In the states where you are writing i know theres a pile of budtenders being investigated in colorado because they have been giving customers too much cannabis and theres strict regulations about it. There are still a lot of grey areas we are trying to figure out in the states but i think in the next five to ten yea rs, but i think in the next five to ten years, this industry is wealth generating. Ever need, really good to see you. Thank you for explaining that. Thank you for having me. So many people have been in touch about this. We will have to retweet them, wont we . Matt says think about tax revenue. Paul says plusses and minuses but why not tax it and profit from it. Thats it from business live today. Have a good day, goodbye. Yesterday we recorded highs of 15 celsius in parts of cambridgeshire but it doesnt look set to last as we move through this week, turning noticeably colder again and that process has started in the north. This cold front is sinking south and we are drawing in fresher conditions behind it. Some heavy rain for a time in parts of wales and South West England but behind it is starting to see brighter conditions feeding in. Scattered showers from north west scotland. Windy in the north west scotland. Windy in the north as well but temperatures starting to fall behind that, a maximum of 12 celsius in the south. The cold front clears the south coast through this evening and overnight and with clear skies we will see temperatures falling away. Steinfeld and windy in the north with scattered showers, but with lighter winds in the south it will be that such colder. Towns and cities staying in the single figures but thoroughly it will be colder so widespread frost in the south ru rally. Widespread frost in the south rurally. Some more persistent and heavy rain for north west scotland, some of which could fall as snow over higher ground. Temperatures tomorrow in the single figures for most of us, the maximum 10 celsius. 0n most of us, the maximum 10 celsius. On wednesday we are looking at blustery showers, another cold front moving south. Blustery showers in the west, some of which will fall as snow over higher ground. Temperatures at a maximum of nine celsius. 0n temperatures at a maximum of nine celsius. On thursday the wind veering down and into a northerly direction, feeling cold. Have a nice day. Hello. Its monday, its 9 oclock, im victoria derbyshire. Welcome to the programme. Our top story today. A 28 year old man has been charged with three counts of causing death by dangerous driving after a car crash which killed three teenagers. Also on the programme. British farmers tell this programme theyre the subject of Death Threats from increasingly militant vegan activists i dont take any issue with keegan s. What we do care about is when it turns militant. When you are being called the