Ministers brief reporters, and it is brutal on the negotiations. Tom brutal is the right word. There was one photo ice saw. E looking justutt exhausted. For those of you who have not followed the soap opera, it is still not over. This monday isn deceptive, extraordinary. Out of china, the virus particularly in america, and this european donnybrook it is amazing. And then the market reaction. Francine it is quite a lot for a mid july market. Now lets get straight to the bloomberg first word news. Here is ritika gupta. The their repeating European Union may be on the verge of a deal with denmark and Sweden Holding of the oceans. They appear to be ready to greet that 450 billion of the fund would be made available as grants with the rest of it coming as low interest or loans lowinterest loans. Brexit negotiations are in a tense standoff, dashing hopes of between the u. K. And the European Union, which failed to make progress last month. British negotiators say the e. U. s concessions are
America. Looms large over the workers and it is time for the British Government to step up for the british workers. We see that the British Government are being bullied. The eu must step in as they are being bullied too. It must stop and stop now. This is the plane that the americans object to, the c series, wings made and sent from belfast. But the americans claim it received 1 billion in subsidies from the canadians that allow it is to undercut bowing in bidding for contracts. This puts theresa may in a bind. He pact with the dup keeps her in power and the bombardier factory is dup heartland. Aerospace and aviation are at the forefront of globalisation. We have no tariffs on product anywhere in the world. We have an International Regulatory regime which works well. These measures threaten competition and innovation and it is bad news for the consumers wherever they are. But she knows that boeing 777 employs nearly 19,000 elsewhere in the uk and is building a factory in sheffield. The
Season, temperatures down in rural spots, 4 to minus six. But it is all change tomorrow. In some areas, temperatures could be 10 degrees up on that. One of the reasons for that isa on that. One of the reasons for that is a change of wind direction and a weather front pushing in from the north west. It is bringing cloud and rain as we speak, but further east, we cling onto the sunshine. I suspect the rest of the afternoon, if we draw a line up towards the isle of wight, east of that we will keep crisp and clear blue skies, and sunshine. Chilly with it. Cloud with light rain along west facing coastline, with strong wind and heavy rain arriving into the northwest. That brings milder air, but underneath those guys, temperatures will struggle, down on where they should be for the time of year. Where they should be for the time of yea r. Frost where they should be for the time of year. Frost is likely if we keep clear skies in the south east, but elsewhere, thick cloud, a breeze through the
To put lebanons vineyards back at the top table. And, bad maths skills could be costing us as much as £1 billion a year. Let us know, have your maths skills ever resulted in you getting a bad deal . Just use the hashtag bbcbizlive. Welcome to the programme. Us President Donald Trump has only been in office for 12 days but hes already turned every president ial convention on its head. Temporarily banning immigration from seven countries may have emboldened the president s supporters but it has been condemned by many nations. Leading experts now say those International Relationships could be further tested and even result in a trade war if mr trump follows through on his radical plan for tax cuts. There are around 2. 5 trillion worth of us profits currently overseas held by some of the biggest us Companies Like google, microsoft and apple that would get hit by some of the highest tax rates in the world at 35 if they were repatriated now. Donald trump has proposed three areas of tax refo
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