Close estate, think he is absolutely insane. That may be the case. He of course denies all of this. He would. He says it is rubbish and has threatened to sue, and we will hear from the author in a few hours on american tv. As you say, you think it confirms what a lot of people already think about him. In that case is a damaging at all . already think about him. In that case is a damaging at all . I do really think it is damaging and it will just feed really think it is damaging and it willjust feed into what really think it is damaging and it will just feed into what serious supporters feel, which is that this isa supporters feel, which is that this is a guy who is going to disrupt the fa ke is a guy who is going to disrupt the fake media and people are turning against him because they are part of the swamp but in the end trump will make america a great again. It will be hard to dislodge them, but slowly and surely i think the emperor will be seen in time to come, to have no clothes. H
So what is it . At the moment, yourFinancial Data is held by your bank. But, under new rules, ownership of this data will be transferred to the consumer. This will allow you to share it with other companies, to see if they can give you a better deal on anything from overdrafts to mortgages and loans to insurance. Open banking has already been welcomed by some consumer groups as a way to bring more competition into the market. Others, though, are uneasy about what might happen to all this previously private Financial Data. They worry about security, and dealing with unknown third parties. It could also pose a major threat to traditional banking. One report claims almost a third of european banks profits, some 35 billion a year, are at risk from new rivals in the Financial Technology or fintech sector. We spoke recently to the boss of one startup which uses Artificial Intelligence to help people manage their money. You can act via facebook messenger, and you just text like you a text a f
Month loss to date. And finally gulf news has a photo of the worlds longest zipline called the jebel jais flight. Definitely not for the faint hearted. It is a terrifying 2,832 metre long wire which stretches above the rocky outcrop of the uaes highest mountain range. Lets begin. Nina trentmann from the wall street journaljoins me now. To the to with, shall we . Quite an astonishing story in terms of figures from the Daily Telegraph about the amount of money that the nhs does pay out in compensation and where it is taking it. Yeah, rather extraordinary claims in the Daily Telegraph that if the nhs had to pay out all current claims, it would amount to billions of pounds, which is up from the amount paid out in 2015. This comes on the back of a change in the law and there are a number of groups, the nhs confederation, the british medical foundation, and the academy of medical colleges is saying we need to be further changes to that law in order to make sure that these pay outs are restri
The fed will probably raise the cost of borrowing faster. The bank of england has also given support to the idea that rates globally will rise. This end to so called cheap money will push up borrowing costs for companies and individuals, which can hurt corporate profits and curb economic activity. Also worrying investors is a government Budget Proposal announced by us lawmakers which raises spending caps and could fan inflation. With me is lena komileva, chief economist at g economics. Welcome, good morning. What is your view, was last week a blip or is this a sign of things to come . Hopefully the worst of the sell off is behind us. Lets not forget we have seen more than a 10 decline in major stock ti cats the start of the year which is restarted the year for every investor in the world, every world, every pensioner, every saver, anyone who has stocks or bonds or credit in their portfolio has seen in 2018 being rewritten but also the story of the last 17 and 20 months 01 so story of t
The uk Prime Minister theresa may has announced new education links with china as she arrives for a three day visit to boost trade and investment after brexit. She has claimed her visit will intensify the golden era in uk china relations. But also stressed china must adhere to free and fair trade practices. Trade between the two is already worth more than 80 billion and the uks trade secretary, liam fox, says that exports to china increased by over 25 in the last year alone. But the talks are about more than just trade. The two sides will want to ensure that investment between the two countries is both fair and transparent. Chinese businesses have been pursuing Huge International expansion plans with investment in the uk more than doubling in 2017. With me is drjie yu, head of china foresight at London School of economics ideas. Good to see you this morning. Just tell us what britain may take away from this three day trip. What are your thoughts . Obviously, it is an exploration trip,