There is predictability on all sides. You have an Energy Review coming out in january. I guess its like the department of defenses review. What have you learned about the Nations Energy infrastructure in the course of putting that together . Perhaps its worth saying a word about what it is, since its a little bit of inside baseball. But we yes. What we are doing, its very different in execution i might say, to the defense review in the sense that in energy, its really a government exercise because the equities in energy are so broadly distributed. So we are working across the administration. Thats an important point. Secondly the first years focus is specific, as you said, on Energy Infrastructure. We have seen enormous challenges to our Energy Infrastructure over the last years, mainly a set of regional challenges. For example, new england, the absence of a natural Gas Infrastructure has led to enormous spikes. We have the issues of the polar vortex and propane in the midwest. We have
Japanese electronic giant secures a 1. 9 billion bailout. Lets have a look in on european markets. The stoxx 50 is flat. We did have weakness across europe yesterday. It was only pronounced weakness for the dax in germany off more than a percent. Partly because gdp figures were a little disappointing. Its a continuation of the unwind of qe trade dom natd market trade throughout the year so far. Lets look on what the rest of the european markets are doing today. The ftse 100 below flat. Germany and france managing to stay just in the greece. France just ticks down into the red. Italy also just below flat. Of course there has been a continuing sense of volatility of weakness in the markets. We were a little weaker earlier. We found a little bit of strength over the last half an hour or so but in general certainly nothing to write home about. Lets have a look at bond rates. They continue to be one of the key drivers of the unwind weve seen highlighted by the 10 year in germany. We look at
Masks but i do believe they have a time and a place. The uk government announces a £700 million plan for improvements to British Border controls at the end of the brexit transition period. India reports a record spike in coronavirus cases, forcing authorities to reinforce strict lockdowns across the country. And a Scottish Airline pilot who contracted covid i9 in vietnam and was given just a 10 chance of survival is now on his way home. Hello and welcome if youre watching in the uk or around the world do stay with us for the latest news and analysis from here and across the globe. Senior uk cabinet minister michael gove has said he doesnt think wearing michael gove has said a Face Covering in shops in england should be mandatory saying he trusts peoples common sense. Its understood the government is looking at whether to make them compulsory. His comments follow calls for clarity from the government on Face Coverings. Currently, Face Coverings are compulsory on public transport in eng
Business editor, simon jack. Thanks to all of you gentlemen. Four years after the brexit referendum, Boris Johnson is perhaps about to take the uk out of a deep, complex relationship stretching back over a0 years that affects so many parts of public and private life. For some, no deal is an opportunity, a chance to break free of european shackles. Maybe to make britain great again. Certainly, borisjohnson won a huge election victory in parts of the country, which traditionally voted labour. Maybe a no deal brexit plays well in the red wall seats in the north east of england and the Prime Minister can keep stoking english nationalism and make it all rather difficult for labour. But even if there is a political gain, at what cost will it be to the country as a whole . Is it too late to save the day will president macron make a last minute intervention and pick up the phone . Marc, any last minute chances of concessions from the europeans . No, i dont think so. Lets hope maybe we will hav
Welcome to dateline london, the programme that brings together bbc expertise with foreign correspondents reporting back home around the world, on events here with the dateline london. Well, this week, borisjohnson has, within days, gone from having a fish supper with the European Commission president to threatening european fishermen with the british navy if they overstep the mark in the channel. Is an abrupt, hard, no deal brexit really what the people of the uk voted for . Is this what they were promised . And how many members of the government really believe that this is best for britain . President macron is being portrayed as the hard man of europe, but with all sides potentially losing if theres isnt a deal, has the eu overplayed its hand . And how is this all being perceived around the world . Borisjohnson has reportedly been invited to delhi to be chief guest at indias Republic Day Celebrations injanuary. Nothing confirmed yet, i should stress it mightjust be speculation in the