International agreements and undermine worldwide trade. The Online Business independent says the uk will lose over 10,000 finance jobs to other european cities by day one of brexit, according to new research. Of over 200 city firms surveyed, almost a third of banks, brokers and Asset Managers say they are considering plans to move staff to cities such as dublin, amsterdam and frankfurt. Bloomberg online looks at crypto currency bitcoins debut on wall street, which according to the website hasnt ended the financial industrys scepticism. It says bitcoins first day on the Futures Exchange had its supporters cheering, while many mainstream Financial Professionals remain unsure. And finally, the arab news announces that movie theatres are to reopen in saudi arabia in 2018, for the first time for over 35 years. So lets begin. With me is james hughes, who is chief market analyst at axitrader, a brokerage firm. Nice to see you. Good morning. So once again much of the media trying to understand
And bringing electricity to 20 Million People. Well get the inside track on one firms plans to use solar energy to power millions of homes in africa without installing expensive networks and cables. And as the work week eases into christmas, we want to know what is suitable Office Attire . Is it your Christmas Jumper . Or your glittery shoes . Let us know with pictures what youre wearing to work this week. Just use the hashtag bbc biz live. Hello and welcome to business live. Lets start in the United States because the worlds biggest economy is on the brink of its most sweeping tax changes in a generation. The Senate Passed the reforms just before 1am washington time. Congress just needs to hold one more procedural vote before President Trump can claim his first, big, legislative win. This entire package is likely to cost 1. 1; trillion over the next ten years. Most of that will be added to the National Debt which is already over 20 trillion. The biggest tax cut in the final version dr
The European Court ofjustice decides that the taxi hailing app, uber, should legally be considered a transport company. It means that the firm should be subjected to tighter eu regulation in the countries in which it operates. And we are spending more on ourFurry Friends operates. And we are spending more on our Furry Friends at christmas than ever before, with clothes and toys for pets. Good morning. Its wednesday 20th december. Im annita mcveigh. Welcome to bbc newsroom live. The metropolitan police is launching a review of all current sex offence investigations, after the collapse of a second rape case in a week. The prosecutions were halted because of the late disclosure of evidence. Scotland yard confirmed the same officer was involved in both investigations. In the last hour, the metropolitan police have said around 30 cases that are about to go to trial will be reviewed with the crown prosecution service. I think it is important to draw a distinction between the two reviews. The
In global news, business, and sport. And you can be part of the conversation. Tell us what you think about the stories we are covering, or what you have spotted online. Just use the hashtag bbcthebriefing. Rescue workers are trying to find survivors following the devastating mudslides in southern california. 17 people are known to have died, with more than a dozen still missing. Many of those now affected are the very same people who had to flee last month from some of the biggest wildfires in the states history. The latest extreme weather hit carpinteria, Santa Barbara and montecito. From there, our correspondent james cook reports. In montecito, they are still combing the ruins, looking for survivors. But, with every hour that passes, hope fades. The surge of mud and debris wasjust hope fades. The surge of mud and debris was just too powerful. It consumed everything before it, turning homes to matchwood. Consumed everything before it, turning homes to matchwoodm consumed everything b
Government in Northern Ireland. The future of south africas president , jacob zuma, hangs in the balance as the governing anc party meets to discuss next steps. And, lucky to be in one piece, team gb snow boarder aimee fuller has her dreams dashed as vicious cross winds affect todays winter olympics. Its 5 oclock. Our main story is that penny lawrence has resigned as deputy chief executive of oxfam, saying she takes full responsibility for the behaviour of staff in chad and haiti, which the charity had failed to act upon adequately. It follows allegations of Sexual Misconduct by Disaster Relief staff following the Haiti Earthquake in 2010. Penny lawrence said she was ashamed this had happened on her watch. representatives from oxfam have been meeting the International Development secretary, penny mordaunt, whos threatened to withdraw the charitys government funding. Our correspondent matt cole has the latest. In the worst imaginable circumstances, oxfam staff were meant to be in haiti