The twostens spread is up 31 basis today. Been a while since weve been that wide on the spread. A far cry from the negative numbers we saw earlier in the year. A little bit of weakness today for the british pound. We are waiting for Boris Johnson to speak to lawmakers in parliament. Has gotten several upgrades. There are still some analysts cautious about the fundamentals, but generally, that type of a gooddata is seen as outlook. In europe, we are seeing a mixed bag with carmakers again, kind of in trouble today. They are dragging down the dax. We also have a couple of french carmakers lower after the deal with fiat yesterday. We will get into Boris Johnsons plans in a few minutes. The stoxx europe is all told, flat. At 22 basisield points right now. That is the most positive we have seen it in negative territory for quite some months. Later this hour, we will be watching Prime Minister Boris Johnson speaking in parliament after laying out his legislative priorities earlier, with a fo
Speech is due open a new session of parliament, as brexit deal talks continue. You can keep up to date with the latest developments on the bbc website, at bbc. Com news. Now on bbc news, live to singapore for Asia Business report. Trade war breakthrough. Donald trump says china has already started to buy more american agricultural goods after fridays partial deal. Cash for citizenship. But i want tos controversial new multi billion dollar booming industry. Vanuatus. It is monday, hope you had a great weekend, glad you could join us for another exciting addition of Asia Business report. I am rico his own. Lets begin with the trade war. This morning us President Donald Trump has been tweeting about the partial deal agreed on friday with chinas vice premier. Mist and trump said in that suite, beijing has already started to increase its purchases of american agricultural products. Mrtrump. He american agricultural products. Mr trump. He went on to reiterate washington has suspended its pla
As we have mentioned, london today will witness the pomp and ceremony of the queens speech. Thats when the British Government sets out its legislative programme for the next session of parliament. Its expected to include big plans to splash taxpayers cash, after the chancellor sajid javid last month declared the end of austerity, or government belt tightening, despite the brexit crisis. In fact, mrjavid promised the biggest increase in uk public spending in more than 15 years, as he outlined a £13. 8 billion pound package or this much in dollars. The trouble is, over recent years, taxpayers money hasnt been enough to cover expenditure, especially after the financial crisis. Total uk Government Debt is almost 2. 3 trillion, equivalent to more than 85 of the countrys total output. But the uk is not alone in taking such steps. Frances budget deficit didnt stop the government there promising 11 billion of tax cuts last month in its 2020 budget to boost investment and consumer confidence,
Thousands turn out to watch four of the remaining cooling towers at ferrybridge power station get demolished. Stephen moore known as the voice of hitchhikers guide to the galaxys marvin the paranoid android has died aged 81. Good evening. The family of 19 year old harry dunn, who was killed in a motorbike accident, have arrived in the United States where they hope to meet the driver involved in the crash. Ann sacoolas, who had diplomatic immunity as the wife of an american official, left the uk shortly after the crash in northamptonshire in august. The bbc spoke to harrys parents during the flight, as andy moore reports. Ha rrys pa rents left Heathrow Airport on what has now become a transatlantic search for justice. Harry died in august after his motorbike collided with a car in northamptonshire. The car was driven by ann sacoolas, who left britain for the United States shortly after the accident. She has now issued a statement through her lawyer, in which she says no loss compares to
Sure. Borisjohnson tells his cabinet a brexit deal is on the horizon, but a statement from European Commission says a lot of work remains to be done. Stephen moore known as the voice of hitchhikers guide to the galaxys marvin the paranoid android has died aged 81 and well be taking an in depth look at the papers with our reviewers caroline frost and tony grew stay with us for that. Good evening. The United States is to withdraw all its remaining troops up to a thousand soldiers from northern syria, as turkeys offensive against the kurds intensifies. The us defence secretary said kurdish fighters would now be backed by syria and russia and america could not be caught between two opposing armies. Tonight Syrian Government troops are said to be heading towards the border after agreeing a deal with the kurds. The Turkish Operation is aimed at creating a so called safe zone in that area. The un says more than 100,000 people have been fleeing and families of is fighters are said to be among