Terminated. Well, just very gently so to the honourable gentleman who has had an opportunity, if it is a point of order rather than a point of frustration . A point of order, mr sammy wilson. The Prime Minister has claimed to the house today that the agreement. Youre watching bbc news from westminster where Boris Johnson is urging mps to back it spreads a deal in a final bid to get the uk to leave the eu in nine days. Mps will vote on the Withdrawal Agreement bill later tonight. At 7pm. And in the last half an hour Laura Kuenssberg tweeting that if mps dont agree to the government a timetable for brexit legislation, they will pull the bill. The stakes could not be higher. We return to the red. The honourable gentleman as a cheeky chappie. He has made his own point in his own way with considerable alacrity to which the Prime Minister can respond if he wishes. Thank you, i will give way in just a moment. Can respond if he wishes. Thank you, i will give way injust a moment. I will respond
Northern Irish Parliament will be able to vote on whether the terms of the deal apply but that vote can only take place 4 years after the agreement takes effect in 2021. Thats. So it seems that theyve. Managed to come away with the classic last minute deal whats so different about this one. Its a deal simply that takes the boxes of both sides opposed the European Union it protects the integrity of the Single Market it in upholds peace on the island of ireland and it takes the boxes of Boris Johnsons new government much more right on the briggs it theme than to reserve mays was it allows the u. K. To exit hole and entire out of the Customs Union and set off on the high seas and reach all those from tass tick International Trade deals the brics it has always promised here in brussels with the conclusion of this deal its been indorsed draft form by the leaders the 27 leaders subject to being ratified by the e. U. And the British Parliament of course theres a real sense of relief and of ex
Lvmh sets a trend after Third Quarter earnings sparks a rally. Easing concerns after the impact of unrest in hong kong eurozone finance ministers agreed the 17 million budget. The group tells cnbc the new package is now ready to go this will be in the corner of financing the eurozone today and in the future. It is fully operational. This is the important thing. A warm welcome to street signs. Taking a look at european markets. Despite a strong hand over from wall street which you saw stocks rebound. We saw european stocks under pressure and down 0. 4 it has been a fairly choppy trading session. We have a number of different headlines in the runnup between the days highlevel talks between the u. S. And china and the state of the relationship between the negotiators. As you heard, china has urged the u. S. To stop putting, quote, unreasonable pressure on chinese companies. In addition, keeping a close eye on brexit. Hopes fading around the prospect of coming to a deal. European stocks tr
Welcome to the program britains Prime Minister has outlined what he said is his final offer to brussels on the terms of a deal for the u. K. s departure from the European Union Boris Johnson was addressing his conservative partys conference in the northern english city of manchester one of the biggest stumbling blocks in negotiations has been how to prevent a hog border between Northern Ireland which is part of the u. K. And the republic of ireland which is in the e. U. Mr johnsons new proposals have not been conveyed to brussels and he says they represent a compromise on the u. K. Form a position. Today in brussels we are taping what i believe are constructive and reasonable proposals which provide a compromise for both sides we will under no circumstances have checks at or near the border in Northern Ireland. Thank you will the old we will respect the Peace Process and the the good friday agreement. And and and by and by a process of renewable democratic consent by the executive and
We are seeing a markets trading sideways. A lot of the focus is on potential risks and the potential headwinds that could hit the markets quite hard. A lot of it to do with geopolitics. Keep an eye on the u. S. China trade talks. You can see the stocks europe 600 gaining. A similar move for the s p 500 futures and the 10 year yield is at 1. 54. Coming up, we will be speaking to the shell chief executive. Dont miss that exclusive interview just after half past 10 this morning. Lets get straight to first word news in new york city. Balance sheet growth resumes for the Federal Reserve chairman Federal Reserve, chairman Jerome Powell says dont confuse this for qe. In no way beuld confused with the largescale asset purchases. Neither are the recent technical issues nor purchases of treasury bills we are contemplating to resolve should materially alter the stance of monetary policy. Chairman powell also hinted at the possibility of another rate cut. He was confidence the economic expansion c