Steve mnuchin the treasury secretary says that the Trump Administration does not intend to intervene in the currency markets right now. And mixing it up. Well be getting the inside track on a Company Making a stir with its cake mixes. A global slowdown in the diamond market is hitting the sales of industry giant de beers. Today we want to know have diamonds lost their lustre for you . Let us know just use the hashtag bbcbizlive. Hello and welcome to business live. The Business World reacts to the british Prime Ministers decision to suspend parliament in the run up to brexit. The speaker of the house calls it a contitutional outrage. Business groups here in the uk have been quick to condemn the move. The British Chamber of commerce says while the bosses lobby group, the confederation of british industry says the uk government, though, says its working closely with businesses and unions across the country to help ensure they are prepared for the uk leaving the eu on october 31st, whateve
Good morning. What is the recipe for economic success . Good morning. What is the recipe for economic success . Food drink is one of the biggest exports from the uk. But brexit uncertainty is taking its toll. Im at a malt loaf maker in manchester to find out how manufacturing is faring. After three days of intense competition at gleneagles it all comes down to this the final hole and europe beat the usa to win back the solheim cup. And england beat australia in the final ashes test to draw the series and round off a remarkable summer of cricket. Plus, im in holland park in west london, bringing you the latest on the weather. A cloudy, damp, start for england and wales. They will have the details on that and the rest of the week on breakfast. Its monday september the 16th. Our top story. Borisjohnson will hold his first face to face talks with the president of the European Commission, Jean Claude Juncker, later this morning. The Prime Minister says hes cautiously optimistic ahead of the
Parliament is not sitting it should be sitting the whole disk up and. We make very clear as you saw in the church. Just a few weeks ago. Parliament was acting this way and that we will find other ways to hold this company and we will have other ways to assure our constituents who elected democratically. Now this court ruling comes after a group of more than 70 opposition lawmakers challenge the governments decision to formally shut down parliament until october 14th last week a court enberg threw out the law makers challenge saying that the politicians not the courts should decide but that decision was then overturned on an appeal now fair and almost every day i think how can this story get any more uncertain but somehow it does and if theres anything weve learned from our guests its that business hates on uncertainty absolutely does daniel and you know what the British Chamber of commerce in germany today they actually said. Businesses are dealing with big uncertainty as with the prac
According to a report by the childrens commissioner for england, who says the situation is a scandal. Cardinal george pell, the most senior catholic cleric to be found guilty of child sexual abuse, has lost an appeal in australia against his conviction. President trump has cancelled an official state visit to denmark after the nations Prime Minister confirmed greenland was not for sale. Good morning. Welcome to bbc newsroom live. The government has appointed a panel of experts to review the h52 Railway Project to check whether and for how long the project should continue. The first segment of h52, the line between london and birmingham, is due to open at the end of 2026. The second phase linking leeds and manchester is due for completion by 2032 33. In 2015 the cost of the project was predicted to be more than £55 billion. But borisjohnson has said he expects the costs to spiral to over 100 billion. This morning the transport secretary grant shapps didnt rule out scrapping the project
The hong kong listing. I think that asian markets wont direct were not directly hit by this news because i think the general consensus is that people understand why this landmark listing had to be delayed and they seem pretty optimistic also the ali baba will go through with it eventually infect the c. E. O. Of the Hong Kong Stock Exchange was quoted as saying last week that hes confident companies will. Will come home to hong kong and that they will find a home in hong kong he just didnt know when and he sent this without alluding to ali baba because technically the listing is confidential all right but we wish to talk to a representative of german business in hong kong yesterday and he told us that despite the unrest there its more or less business as usual but on the bus move just now seems to tell a different story doesnt it. It does and you know what monica ali babas move to do this is actually a very smart move imagine if they had gone ahead with this thing this month its going t