Mainstream journalism there is if you like a huge imbalance in journalism. One looks at the b. B. C. Coverage of the last election for an example of that and so much else right through the tabloids and they rather crude partisanship thats not journalism journalism is is taking is investigating something and then taking it to those responsible and saying what you have to say about this but not only that challenging them and having the knowledge to be able to talent challenge them not just blustering them. Blustering thats considered you know what to do come thats not thats not a challenge thats not journalism and thats what these programs to i hope thats what they set out to do and i hope thats what the power is in the 1st thing by as johnson said on winning power was to emphasize the extra funding this conservative government will be putting into the National Health service tell me about how youll field explains how many seems to leak away even if there is extra funding for the Nationa
The next governor of the bank of england. He is no stranger, 30 years of experience in a range of positions. Francine lacqua joining me now to take over hosting bloomberg surveillance. About his experience of Monetary Policy, the economics of the u. K. , and on the regulatory side, and reflecting on the brexit experience, even if many people point out a lack of Monetary Policy setting experience. In terms of market reaction, we do not expect a lot of reaction. Our colleague was pointing out he was widely expected to be the next governor of the bank of england. Move on the ftse 100, equity markets not moving far. We do have confirmation on who the next governor of the bank of england will be, and mark carney has extended his term to the middle of march. Francine thank you so much. Welcome to bloomberg surveillance. Governor of the bank of england will stay until march 15. Andrew bailey is to succeed mark carney. Bailey spent three decades at the bank of england as Deputy Governor. Lets
Uk and around the world on bbc world news. Welcome back. Yes, it is welcome back, just two months since welcome back, just two months since we last gathered in this very room inside the palace of westminster for the state opening of parliament. Back on the 14th october Boris Johnsons government with no parliamentary majority put forward, lets say, a rather thin programme. Today, the queen will present a legislative programme from the conservative government with a big majority in the house of commons following last weekss election. We are politically in a different world. A world in which the parliament, the government and the monarch have been in sharp focus, a course of some tension as well. And a year dominated once again by the brexit question and process. What will the queens speech tell us about the governments other priorities, apart from brexit, for the year ahead . This is Boris Johnsons second queens speech in the sake space of nine weeks. Boris johnson has been resident at n
Privilege like rubin did ever again in this country thatll be a high high priority for him because colvin and and the labor party became available for that they were going to take away the kind of privilege of his wealth they way from fighting its cold is the whole background to media matters the easy thing for them to do is to implement boundary changes weve been to have a new commission to make the seats even even smaller in areas that labor could do better in i mean thats thats probably on the cards but he may be thinking of other things he may be thinking of changing the Voting System so you have to go through various stages of id to actually be able to vote and that would harm labor in particular ways its perhaps a party for him and for the people who backed him in the people who gave the money for his campaign they never want to see the fat of social Democratic Left wing labor party again john. Famously the Bullingdon Club reputedly. He used to send their Members Around oxford to
Expectations. Looks like it misses the analyst estimate. That perhaps is why you are seeing a drop in after hours trading. Services, 6. 81 million, that is an adjusted number. Revenue,arter adjusted you could say it misses or meets the average analyst estimate. Right now, looks like investors see it as a miss. Romaine it will be interesting to see. We are still waiting for broadcom and adobe. A lot of these idiosyncratic stories linked to the macro. Scarlet in the meantime, lets talk to our market reporters. Once again, i am taking a look at volatility. Lots of funky things happening there, mainly the fact that it is coming back. Right now, the s p 500 at a record high. The vix closed up three weeks in a row. This is something to Pay Attention to, because that happened in early january before the beginning of the volatility. That huge spike up for the vix in white, the s p 500 falling at the beginning of the trade war, than the volatility to come in the end of 2018 with a similar situa