Next next, next, british Prime Minister Boris Johnson fields questions on the governments response to the coronavirus pandemic. This is 35 minutes. We are now moving onto questions to the Prime Minister. Hear hear. And there will be further meetings. I associate myself with those kind remarks on behalf of my honorable friend the member for bolton. My constituents are reeling from the 9 contraction of the economy since march this year. Unemployment has skyrocketed and joblessness in haringey is the highest in the capital. Unfortunately, we are at the same time facing the idea that there could be a congestion tax forced on an extra 4 million londoners by this government. These londoners are already facing the double whammy of covid and financial ruin. Will the Prime Minister please immediately stop the imposition of this dreadful plan . I look forward to his answer. I must respectfully inform the honorable lady that the current mayor of london had effectively bankrupted tfl before corona
Hit a record of 23. 5 thousand. Europe heads closer to lockdown. Your money and france imposed strict monthlong measures to curb the virus spread. Can it spur an immediate dose of support from the ecb . Earnings keep coming. We speak to the top executives of credit sees Credit Suisse and many more. Your destination to understand the outlook and numbers. Net incomese with a dropping by 38 . 536 million swiss francs. The pencil that number was 597. That is a mess. Plans for a 2021 Share Buyback program producing 1. 5 billion swiss for that. Thats a similar trend that we saw ubs deliver last week. The provisions. This is incredibly important. The Loan Loss Provisions come in at under 100 million swiss franc. The estimate was 243. A very reminiscent story from Credit Suisse except that their net income is down 40 as opposed to the best ever across product lines at ubs. Promotes brady and masters to nonexecutive positions. They appropriate to share pay shareholders. What do the numbers mean
House will be with the honorable member. I am sure you will want to join me in wishing her a speedy recovery. Meetingsing i had in addition to my duties in in addition to my duties in this house, i shall have further such meetings later today. Catherine west i associate myself with those kind remarks on behalf of my honorable friend the member for bolton , southeast. My constituents are reeling from the 9 contraction of the economy since march this year. Unemployment has skyrocketed and joblessness in haringey is the highest in the capital. Unfortunately, we are at the same time facing the idea that there could be a congestion tax forced on an extra 4 million londoners by this government. These londoners are already facing the double whammy of covid and financial ruin. Will the Prime Minister please immediately stop the imposition of this dreadful plan . I look forward to his answer. Pm johnson i must respectfully inform the honorable lady that the current mayor of london had effective
Pelosi shifting the deadline to tuesday. After gdp misses, Industrial Production and retail sales accelerate. And a pair of losses on a bloomberg exclusive as the u. K. Could rewrite its lawbreaking brexit bill, a move that would revive talks with the eu. It comes after a downgrade from moodys. Its a barnstorming beat for phillips. 6 00 a. M. In london, 7 00 a. M. In amsterdam. The adjusted ebitda is up. Free cash flow will be above 2 billion by 2025 is the guidance. Phillips targets accelerated growth and higher profitability. September where they cut their guidance because the u. S. Slashed the ventilator contract by 650 million. This is going to be something which bolsters it. They are targeting comparable sales growth of 5. 6 . We will put those questions to the ceo, who joins us in just under 28 minutes. Management. Et nnmarie the standout is the new money inflows. They say considerably they have risen in the Third Quarter. Under management are up 3 . We know the ceo has been tryi
You go to safety. Youre going to buy volatility, yields, bonds, and the dollar. 10 year yield now 75 basis quite a move from just a few days ago. Crude battered, beaten up today. Less demand for those oil prices. Guy absolutely. Lets recap where we are and what is going on. The german chancellor Angela Merkel currently meeting with heads of the german states. We are going to hear from her we think when that meeting wraps. We are probably likely to hear from her as well tomorrow morning. We are also getting Emmanuel Macron a little later on. Both countries moving toward more restrict of lockdowns. Lets get the latest. Maria tadeo joins us from brussels. Theres a lot of ideas floating around. None of this will be official until both Emmanuel Macron and Angela Merkel speak. The idea is we are moving into something that looks like a fulltime lockdown in the case of the french government, that we understand is seriously considering a onemonth lockdown that would start thursday night, going