comparemela.com

Latest Breaking News On - Finance services - Page 1 : comparemela.com

Transcripts For BBCNEWS BBC News At Five 20170815

In railfares forfour years, as inflation hit 3. 6 more than 300 people have died and thousands have been made homeless by Devastating Mudslides in sierra leone. The Public Inquiry into the Grenfell Fire will examine the response of the authorities, and refurbishment of the tower but not wider social problems. And, A Star Is Born . When the leading lady fell ill, molly from the cloakroom stepped in and won rave reviews. Good evening and welcome to the bbc news at 5. The government has confirmed it wants to negotiate a temporary Customs Relationship with the european union, to be in place after the uk leaves the bloc. The Secretary Of State for exiting the eu, david davis, says the deal would prevent Trade Disruption until a permanent settlement could be reached. The Eu Commission says it will study the proposals, co ordinator, guy verhofstadt, said that to be in and out of the Customs Union is a fantasy. This report from our Political Correspondent laila nathoo. Her report contains flash photography. Keeping goods flowing freely between britain and the eu after brexit one of the key issues in the negotiations. Now, the government has given more detail about how it sees trade working after we leave. At the moment, while in the eu, we are inside what is called the Customs Union that means goods imported from abroad are subject to the same tax or tariff and can then move between eu countries without charges or many checks. Ministers say brexit means leaving the Customs Union but are now proposing that temporarily, for a few years, we stick as close as possible to the current arrangements. In italy, i was 290 billion, we are selling them 230 billion a year. Its in their interests. Bmw do not want to have a Customs Border that is going to slow down their sales or add administrative costs. Siemens do not want to do that. And the Port Of Rotterdam is going to want to have an efficient operation, so they have got an interest as well as us. The interim plans are designed to reassure businesses, nervous about sudden changes in rules and extra costs. At the moment, we leave the eu in march, 2019. I think the paper gives a certain degree of clarity to businesses that at least the government is prioritising the transitional deal and they are trying to tie off any potential for Customs Disruptions by being in the Customs Union on an interim basis. Striking trade deals with countries around the world as soon as brexit happens and the transitional period begins is a priority for the government something we cant currently do as members of the eus Customs Union. But ministers accept that those deals could not coming to affect until the temporary Customs Arrangement ends. I wanted brexit to allow us to go global in terms of our trade deals and the decision from the government today is effectively kicking this into the long grass, saying we cant do that for years to come. What will happen, we will find countries around the world like America And Australia will simply stop taking us seriously. In the longer term, the government has set out two possible options for a future relationship. First, what is described as a highly streamlined Customs Arrangement where there is minimal red tape and technology smoothing the way. Or a new bespoke Customs Partnership where there would be no Customs Border at all between the eu and the uk. The key is not the structures, it is the outcome, which is retaining the best possible arrangements of tariff free access and avoiding avoiding delays at borders. Those are the important principles. That is what we think we need to fight for. Not whether we are in reality in the Customs Union or not. These are, for now, just the uks proposals, they will have to be negotiated with brussels, and the eu says it wont address a possible transition period or what happens after that until divorce talks have made sufficient progress. Discussions start again at the end of the month. 0ur Political Correspondent emma vardy joins us now from westminster. 0n. On. A 0n. Afew on. A few hours to think about the proposals. What sense do you get people are making of this idea . Lots to think about. It has been more than a year since the referendum. And it has taken this long to start to get a clearer picture of britains post brexit future. So plenty to get stuck into and reaction from the governments political opponents. Labour saying that the proposals are incoherent and they are just glossing over cabinet splits over brexit. The lib dems say this is just pushing the pain down the road, delaying the economic pain that they believe will come as a result of brexit. The sounds from the British Businesses, well from the cbi which represents British Business has been more encouraging, saying they think the proposals are encouraging. It has provided a degree of reassurance for them. For nigel farage, however, the former leader of ukip, he has expressed strong disappointment at this today this. Really wasnt the sort of brexit he was hoping. Seeing it as sort of brexit he was hoping. Seeing itasa sort of brexit he was hoping. Seeing it as a betrayal of what the British Public voted for what he wanted it see was britain signing andismenting International Trade deals more quickly. But what we see today is confirmation it is going to be a much slower propose. Those in the cabinet believe that slower process is for good reason because it provides businesses a chance to adjust to any new regulation. Now it is also interesting foint out, that well, of course what we are hearing todayis well, of course what we are hearing today is about what waenlts but that also has to be agreed about What Westminster wa nts also has to be agreed about What Westminster wants but that has to be agreed with the eu and the chief negotiator, Michel Barnier tweeted today that the quicker the eu and the uk agree on citizens, settling accounts, and ireland, the quicker the eu can discuss customs and futures arrangements. We are really seeing that the eu negotiators are sticking to their guns on this, saying it is all very well the uk outlining this vision, saying what up outlining this vision, saying what up want but they have other priorities and those are the hurdles that will have to be overcome first before the eu will discuss Trading Arrangements with the eu. These papers are a good look at what the uk wants to achieve, plenty to pour over but an opening gambit for the uk and we will see how the next round of trade talks play out, to get any sense of really what is going to be achievable. All right. Thank you for now. Lets head to brussels and pick up on some of the points. We heard about some of the tweets coming out in response to the proposals. What have you picked up, adam about how this right all go down . Emma has stolen one of the good tweets but there is a more dramatic one from guy verhofstadt, who we are all getting to know. He is the member of the European Parliament who is co ordinating the european pa rliaments parliament who is co ordinating the European Parliaments response to brexit. He tweeted earlier this morning saying that the governments plans to Haveclose Cooperation On Customs and no borders were fantasy. That echos a statement we got from the european commission, also this morning, saying if the uk wants what it wants frictionless trade, the only way you can really get that is by being, not a member of a Customs Union, but being a member of the eu Customs Union and Single Market which ect ifively means being a member of the eu. The reason these people and different institutions are saying this is one of the priorities of the eus in this negotiation, is not to allow a situation where the uk can become a back door to the eu for cheaper goods from abroad. Thats one of the things they bant to prevent happening and thats they want to prevent happening and thats one of the reasons why, contained in the details of the british papers published today is the idea of the new Customs Partnership. I was chatting to a british official who said actually that would involve the uk acting as the eus Border Agents for customs, if you like, for products that came into the uk but we re products that came into the uk but were destined for the rest of europe, because the uk would be carrying out the eus safety checks on those products and applying the eus tariffs on those products before sending them on their way. So a little insight there into how close the uk wants its relationship on customs, potentially to be, with the eu after brexit but as we say, with all these things, the proof of the pudding will be in the negotiating. This will all have to be agreed with mr barnier and 27 leaders of the other eu countries in the negotiations at some point. And as we have just been hearing, the negotiations at some point. And as we havejust been hearing, mr barnier is keen to stick to his timetable, which is the issues he has identified as priorities first, so citizens rights, money and ireland. 0nce sufficient progress on them, then you can talk about trade and customs. Customs. Thank you very much for now. Indias Prime Minister, Narendra Modi, has led his nation in marking the 70th Anniversary of his countrys independence from britain. The Creation Of India and pakistan in 1947 led to a million deaths, and the displacement of about 12 million people. Reeta chakra barti is in amritsar in punjab. Now. Im in the complex of the holiest site of the sikh religion, the golden temple. There have been people here all day. It is getting on for 10. 00pm people here all day. It is getting on for10. 00pm and people here all day. It is getting on for 10. 00pm and there are hundreds of people coming here to worship and reflect. This temple is in the state of punjab. Punjab was one of the areas most badly affected during the horrors of partition in 1947 when india were pakistan were split to form new states. Yesterday i was reporting from pakistan as it celebrated its 70 years of independence from britain. Today it has been indias turn. The Prime Minister, Narendra Modi, led the celebrations in a special ceremony held In The Red Fort in deli. Dell dele. 70 years ago it was here, at the historic red fort, that unionjack was lowered one final time, to be replaced by the indian flag. This is where Prime Minister Narendra Modi arrived today for Independence Day celebrations. It is a tradition that has been repeated by every indian Prime Minister since 1947. A testimony to how india has endured as a functioning democracy over the past seven decades. In an address, the Prime Minister spoke of the problems india faces, some of them a legacy of the past. Translation in my mind it is clear that neither bullets nor brickbats will resolve the kashmir issue. It will only be solved by love and embracing all kashmiris. The muslim Majority Himalayan region of kashmir has been at the centre of a dispute with pakistan since the partition of india in 1947. In recent months, anti india protests have intensified there. But across india today this was the scene, many people coming out onto the streets to mark the occasion, theres a feeling of pride here, and how much the country has achieved. A growing economic power that has now been taken seriously, notjust at home, but also abroad. Despite the many problems india faces, the overwhelming sentiment here today is one of celebration and optimism. This is a very young country, nearly two thirds of india is under the age of 30, and for them it is not so much about the past, but about what lies ahead. In theirfuture. Sanjoy majumder, bbc news, delhi. Well, india finds itself at an interesting cross roads, really. Nows is tell brighting its 70th birthday. It has a growing economy. Now it is celebrating its 70th birthday. It has a young population who are optimistic about its prospects but there are worries about certain tensions that have grown in society. The Prime Minister, Narendra Modi, spoke in that speech that he gave, about religious intolerance and he condemned it but there are people who say that under his leadership, there has been a growth in religious intolerance and as the country is starting to remember partition and to speak more publicly about partition, to some people, that has unpleasant echos of what happened here in the past. Thank you very much, reeta. We will stay with this. Joining me now his excellency, mr Yashvardhan Kumar sinha, indias High Commissioner to the uk. Thank you very much for being with us thank you very much for being with us today. And your thoughts, as you sit here, now, indias High Commissioner to this country, marking 70 years. What goes through your mind about how your country has travelled in that time . Well, i think the seven decades have been quite a journey for india. I think we would like to celebrate what we have achieved in these last seven decades. We are justifiably proud that we are the Worlds Largest democracy and now the Fastest Growing large economy in the world. And, you have, as so many people do, stories of your own and experiences of your own that your family were caught up in partition. What are their reflections today and what is your Family History that you remember on a day like this . Well, my wifes family, actually, they are the ones who were really caught up. My the ones who were really caught up. My Mother In Law was studying at Lahore College for women in lahore and she was evacuated and brought to delhi, just before partition and my father in laws factory was burnt down. 0ther father in laws factory was burnt down. Other than that, father in laws factory was burnt down. 0therthan that, my father in laws factory was burnt down. Other than that, my father was an army officer and he was a Staff Officer to Lieutenant General sir dudley russell, the commander of the command and he witnessed some of the horrors of partition. And you talk about how proud you were that india is the worlds biggest democracy, Narendra Modi of course has been talking today, positive language from him, as he would expect but there are still enormous challenges, arent there . Is there a recognition of that . Absolutely. Because india isa of that . Absolutely. Because india is a country of 1. 25 billion people. Considering what we were on 15th august 19117 and what we are today, obviously we have made giant strides but the work is only half done. We have a long way to go and we recognise that and that is why the Prime Minister has laid out an extremely ambitious agenda for Economic Growth and development and to ensure that india assumes its place. It is notjust about economics. It is border issues and the treatment of women and there are still many, many areas that need specific attention. Ye, but you mention the treatment of women. There are very few countries where a Space Programme is run by a large number of wi. 0ur Women Scientists have played a hugely Important Role in the Mars Orbiter Mission and recently in launching a world record of 104 satellites into space. We have women, a distinguished lady as oui have women, a distinguished lady as our president. We have women Prime Minister and chief ministers, etc. Of course we need to do much more but i think our law is very robust ina vibrant but i think our law is very robust in a vibrant democracy and takes ca re of in a vibrant democracy and takes care of any discrimination issues. It isa care of any discrimination issues. It is a disconnect. You have outlined fantastic examples of remarkable achievements by women and yet so many suffer sexual assault, who cant get help. There is a disconnect there, isnt there . That is why the government is so actively involved in ensuring the safety and security of women and promoting schemes of uplifting the Weaker Sections of society, including women. What is your ambition for your country, lets say for the next ten years, what would you like to see ina ten years, what would you like to see in a decade from now if we were chatting . Well, it is a difficult question to answer. We are already among, in terms of purchasing parity, our gdp is number three in the world. In terms of nominal gdp we we re the world. In terms of nominal gdp we were on the top seven or six, depending on whether the Pound Sterling rises for falls. Depending on whether the Pound Sterling rises forfalls. I depending on whether the Pound Sterling rises for falls. I would certainly hope that india would be a prosperous country. A country where everybody is able to benefit from the fruits of development and growth and that is exactly what the government is trying to do in india. Very good to have you with us. We are grateful for having you with us. As you would expect, we will be talking a lot more about this after 5. 30. In particular, iwill talking a lot more about this after 5. 30. In particular, i will be talking to three people about their Mother In Law experiences of partition, people from different generations. So it will be very interesting to hear their reflections and stories just after 5. 30pm. Now at 5. 19, the headlines the proposals from the government for life after brexit now at 5. 19, the headlines fe after brexit a temporary Customs Union and invisible borders. Labour says the plans are incoherent, but the Brexit Secretary is adamant the ideas will minimise disruption to business. Brexit secretary, david davis, says the government wants to negotiate a temporary Customs Union with the eu for when the uk leaves indias Prime Minister leads celebrations marking the seventieth anniversary of the countrys independence from britain. Rail fares will go up by 3. 6 injanuary the biggest increase for 4 years. Passenger groups say commuters will be worst hit. Headlines and as the Premier League turns 25, Top Tier Clubs will discuss closing the Summer Transfer Window before the start of the season. It currently runs until august 31st in line with many other european leagues, they are set to vote on the idea next month. Liverpool are in germany ahead of tonights Champions League first leg play off against hoffenheim. Jurgen klopps side are looking to reach europes elite competition for the first time in three years. And Maria Sharapova has been given a wild card into the Tennis Tournament next month. Now lets talk about one of the stories in the headlines millions of people will see their railfares go up by 3. 6 in january, because of a rise in the rate of inflation. Regulated fares are pegged to the Retail Prices index, which reached 3. 6 last month. Its the biggest rise since 2013, and unions have called it a kick in the teeth for passengers. Tom burridge reports. From glasgow to cardiff, to leeds to london, it is a familiar story. Railfares going up again. But price increases these days are pegged to inflation, so in the new year, Season Tickets and other fares will increase by as much as 3. 6 . The price is something you have to pay in order to get to work, but the service is awful. It is late, it is crowded. I dont think im going to get value for money, basically. I have been working in the Public Sector all my life and my pay rise has nowhere kept up with inflation, so more of my Salary Isjust paying for me to come to work. Stagnant wages is why some say the Current System is unfair. Around half of all rail fares are capped by the government atjulys Retail Price Index which is a measure of inflation. The problem for many passengers is that inflation, the rate at which goods are becoming more expensive, is currently higher than the rate rise in most peoples wages. Unions say passengers are paying more while services have been trimmed back. It is quite clear in our privatised rail network that passengers are paying more for less. We are seeing cuts in infrastructure projects, Electrification Projects in the north of england and in south wales, we are seeing cuts to skilled infrastructure workers. Theres a big job going on at waterloo at the moment.

Partition-of-punjab
India
Prime-minister
City
Stories
Reaction
Bbc-news
Commemorations
Establishment
70
5
People

New Jersey's Highest Paying Jobs For 2024

© 2024 Vimarsana

vimarsana © 2020. All Rights Reserved.