In the california mudslide. At least 20 others are missing and dozens of homes have been destroyed. This is the town of montecito. Rivers of mud flowed down the street. Now, this area was also hit by wildfires last month its thought the scorched earth those fires created prevented the rain from being absorbed into the ground. As you can see in this photo, it wasntjust mud and trees that was washed away so were huge rocks. And all of this has blocked roads and railways. This is Santa Barbaras county sheriff. The only words i can really think of to describe it, was it looked like a world war i battlefield. It was literally a carpet of mud and debris. As always with natural disasters, there have been stories of terrible loss and of survival. Trees are just coming down. We trees arejust coming down. We ran into the house, and right then the boulders blustered through our house. We got upstairs and we got to about eight feet, nine feet up the stairs and we crawled out a window to the roof.
Today, uk chancellor Philip Hammond and brexit secretary david davis are in germany trying to win support for a favourable post brexit trade deal, especially when it comes to Financial Services. The Financial Sector is the uks biggest exporter, accounting for 10 of the entire economy and 2. 2 million jobs. But the uk argues the city of london is also important for europe. Mr hammond and mr davis will remind germany its firms need access to londons Financial Markets. The bosses of barclays, insurance giant aviva and Goldman Sachs international are thought to be among up to 15 top finance chiefs meeting Prime Minister theresa may later. She will be trying to reassure them the uk will remain a vibrant Financial Sector after brexit. There will be tough talks ahead. The eus chief negotiator, michel barnier, has been clear britain cannot cherry pick which benefits of eu membership to keep, and there will be no special deal for its Financial Sector. It is a concern echoed by the head of the G
After many months, maybe even longer, years, of negotiation and uncertainty for business, today marks the start of a new era as the uk is no longer in the eus Single Market and customs union. The last minute trade deal means uk business wont face tariffs and quotas when trading with the eu. But, there are other significant changes which businesses have had just days to prepare for. Are they ready . Joining me now is sallyjones, eys Brexit Strategy and trade leader. Good morning and happy new year to you. Good morning, happy new year. On the whole, businesses we re year. On the whole, businesses were breathing a sigh of relief when we saw that deal brokered just for christmas and of course passing through parliament, so can businesses now move on with certainty this year . Yes, in some respects, but no and others. So, the deal is great for two things, really stopping the first is, zero tariffs, zero quotas on goods moving between the eu and the uk, and the second is it creates a framewo
Biggest fast food chain now opened its 1st branch with kitchen and service stop being placed on she says. Is the seat of your business as welcome when i go home at bars johnson the public focus was all on braggs of backstop and political will but underlying the talks was the question how do you avoid destroying one of the most important trading relationships in the world both machall and johnson know germany is britains most important trading partner in europe and ukraine needs germany more than germany needs the u. K. It was a threat of recession looming nakul does not want to see further pressure on the trading relationship tens of thousands jobs are reportedly at stake if there is no deal breaks. Now lets bring in all this hoping hes with a german british chambre of commerce and joins us from london all is are you convinced like mackle that a deal can still be reached. It import is still we reach but i think im good im not that has done that quite steadily shes put the ball back int
German businesses plan to increase investment in people and production in the UK, but more needs to be done to improve post-Brexit trading, say leading business and tax advisory firm, Blick Rothenberg.