Fear is looming and the economy losing altitude. We will see what is happening on the markets, sharply down right across europe and thats after the escalation in the trade war between the us and china. A chill spreading across global stocks. We will getting the inside track on the past week in business including spending on a no deal brexit and the feds move to cut Interest Rates, thats all with our economics editor faisal islam. And asa economics editor faisal islam. And as a london pub reveals it is using facial Recognition Technology to tell staff who is next in the queue, we wa nt tell staff who is next in the queue, we want to know is this a good use of the software . Would you be happy for your face of the software . Would you be happy for yourface to be of the software . Would you be happy for your face to be scanned in order to get served quicker . Let us know using the hashtag bbc bizlive. Hello and a very warm welcome to business live. Good to have you with us. Business live.
After his ball tampering ban saves australia in the first test at edgbaston. And who will be the latest contestant to quick step his way into the strictly ballroom . We will reveal all after 8 00am. And i will be revealing the forecast, which is much drier than recent days. Fewer showers around, lighter showers as well. Join me for all the details in liverpool. It is friday 2 august. Our top story the Emergency Services have been working through the night to try and divert water away from a Reservoir Dam in derbyshire which is in danger of bursting and flooding a town. The raf has been called in to help protect Whaley Bridge. More than 6,000 people have been told to leave their homes. Simonjones has this report. An unprecedented, fast moving emergency situation. The words of the police after intense rain left this dam dangerously close to collapse. Access to nearby Whaley Bridge remained blocked overnight, and a large part of the town evacuated. You cant risk it, can you . If something
Two holiday firms, with bookings from more than 50,000 people, have ceased trading. Last month was probably the warmestjuly on record according to new research. And, england Bowlerjames Anderson awaits the results of a calf scan and could be out for the rest of the first ashes test at edgbaston. Good morning. Welcome to bbc newsroom live. The liberal democrats have won the brecon and radnorshire by election taking the seat from the conservatives, and leaving borisjohnsons government with a working majority of one. Here is the result the liberal democrat candidate jane dodds overturned the conservatives majority of over 8,000 to beat the incumbent mp chris davies byjust over 1,400 votes. The brexit party pushed labour into fourth place. And here is the share of the vote which saw a 12 swing from the conservatives to the liberal democrats, and the labour vote collapsed. 0ther pro remain parties had stood aside to allow the lib dems a better chance to reclaim the seat they lost in the 201
Situation im going at Whaley Bridge and these areas had as much as two months of rain in a week, but little or no rain today. Many parts of the country dry and enjoying sunshine, with fewer showers in western parts of scotla nd with fewer showers in western parts of scotland then we have seen over the past few days. There is more angry looking crowd in lincolnshire. Some showers are little sharp, feeding in from the north sea. On the map, you can see the extent of the cloud and showers for south east scotland, north east england. Shower clouds bubbling up through parts of the midlands, yorkshire, lincolnshire and towards the home counties. This is where we see the majority of showers. One or two further west, but it looks like it will be dry with pleasant spells of sunshine and light winds, feeling pleasa ntly of sunshine and light winds, feeling pleasantly warm. Temperatures similarto pleasantly warm. Temperatures similar to what we had yesterday, 25 or 26 around hampshire. We have go
There is only one tech giant that is valued at more than a trillion dollars. Its not amazon or apple but microsoft. And it has just proved again why it is the worlds most valuable publicly traded company. Injust three months, this giant brought in almost 34 billion in revenue. About the same amount as the value of cypruss entire economy. And unlike a number of the tech giants, this company is actually making money. Lots of it. In fact, 13 billion of profits. How . Office software and Cloud Computing are proving to be the big money spinners for microsoft. The likes of microsoft 365 and the azure business in particular. Whats powering all of this . An unexpected rise in the number of new desktops and notebooks being sold around the world. Theyre up by almost 5 . Why . Companies are trying to replace old machines still running on windows 7 before support for the software expires next year. Theres also the fear that this could be a much more costly investment in the future if trade tariffs