And carol has the weather. Good morning, a much milder stuff and most of this yesterday but much cloudier run with rain in the north and the west. Dry and bright with some sunshine later on. More details on 15 minutes. The bank of england has predicted that up to 75,000 jobs could be lost in the uks Financial Services sector if brexit negotiations fail to produce a trade deal with the European Union. Senior figures at the bank have also warned Financial Firms to prepare to lose their right to trade across the eu. 0ur economics editor kamal ahmed reports. It will be one of the toughest challenges facing the brexit negotiators, im tackling the multitrillion pound Financial Services industry which links the uk with the rest of the European Union. Banks and Financial Companies based in britain pay £67 billion in taxes each year and contribute a trade surplus of £58 billion helping the uks economy. Many eu countries would like a slice of the sector and see brexit as an opportunity. Frankf
For the children. That full exclusive report in around half an hours time. And defence secretary sir Michael Fallon has confirmed he was once told off by a journalist for putting his hand on her knee during dinner. We bring you reaction. Hello. Welcome to the programme. Were live until 11. Latest breaking news and developing stories as always this morning. Plus, a little later well look at claims that some of britains most successful paralympic athletes won their gold medals unfairly. Uk athletics stand accused of manipulating the classification system in order to win medals. Do get in touch on all the stories were talking about this morning use the hashtag victoria live and if you text, you will be charged at the Standard Network rate. Our top story today. The government has proposed reducing the amount of money that can be staked on fixed odds betting terminals, to protect players from racking up huge losses. Betting companies earn about £i. 8 billion a year from the machines, which
Good morning. Its tuesday 31st october. Im annita mcveigh. Welcome to bbc newsroom live the bank of england is warning that 75,000 jobs could be lost from britains Financial Services sector if the uk leaves the European Union without a trade deal. Senior figures at the bank of england are said to be using the number as a reasonable scenario in their planning for the future but are thought to be optimistic that negotiations will be successful. 0ur economics editor, kamal ahmed, reports. It will be one of the toughest challenges facing the brexit negotiators, untangling the multitrillion pound Financial Services industry which links the uk with the rest of the European Union. Banks and Financial Companies based in britain pay £67 billion in taxes each year and contribute a trade surplus of £58 billion, helping the uks economy. Many eu countries would like a slice of the sector and see brexit as an opportunity. Frankfurt and paris, for example, are marketing themselves as new places to
At what else is coming up this evening on bbc news. At 7 oclock, beyond 100 days is live in virginia where voting is under way to choose a new governor. Following the sentencing of a 90 year old man who knocked down and killed two women, well explore the wider issue with a charity that aims to keep older drivers safe behind the wheel. And following the revelations emerging in the paradise papers, we will speak to two tax experts later one here in the uk, another in the cayman islands. Thats all ahead on bbc news. Now on bbc news its time for sportsday. Hello and welcome to sportsday im hugh wooencroft. Here are our main headlines. Back in management and, he says, hungry to get things right. David moyes arrives to take charge of west ham united. The england football squad has been hit by a raft of withdrawals of some of the most experienced players ahead of the friendlies against germany and brazil. And stoking the spirit stuart broad says england can cope without their all rounder ben
Its now out. When you have a squad as big as this with that many quality players, you have to get still at the end of the season, get your first 11 right. Mike dean being introduced to the burnley public. Hes familiar with arsenal. This is the 75th time he has officiated. They they lost the last 11 games when he has officiated. When mike dean has been the whistler. Aubameyang kicking off. Much changed arsenal team. Only a couple of at nations for burnley. 250,000 traveling to portis. All of them should be guaranteed a ticket if they can come for burnley. Burnley made it over the finishing line with a couple of games to go. They havent won in the last two. Arsenal likewise have lost four of the last six games in the top flight. Its all about preparation, isnt it now, for arsenal for next season as well. They realize they have to improve, strengthen the squad again to be in contention right at the top. It is a calm atmosphere around here. Some beach balls be i toyed with behind the galoa