germany s public transport network will be at a near stand still today as two of the country s largest unions strike in an ongoing dispute over pay. workers walked out shortly after midnight for 2h hours. two of the country s largest unions which are demanding significant pay rises for their workers want to increase the pressure on employers ahead of another round of negotiations. there ll be all but no trains, planes or ferries in operation after workers walked out, and motorists have been warned that staff who maintain motorways and repair road damage after accidents are also on strike. damage after accidents let s are also on strike. talk about the impact of all let s talk about the impact of all of this. joining me now is christian schulz, deputy chief european economist at citi. they seem huge. what sort of impact will the strikes today across germany? impact will the strikes today across germany? well, good morning- across germany? well, good morning. everything
let s get down to business. hsbc has just reported a 92% surge in quarterly profit. rising interest rates helped to swell its net interest income. europe s largest bank that s headquartered in london said pre tax earnings ringed in at $5.2 billion for the fourth quarter that s better than expected and up from $2.7 billion the year before. but it s biggest shareholder, ping an insurance of china, is putting pressure on the board to pivot further east. that s one of the challenges facing hsbc. let s discuss this with will walker arnott, senior investment manager, charles stanley good morning. talk about numbers. shareholders will benefit. hsbc did well in the last quarter- benefit. hsbc did well in the last quarter. yes, benefit. hsbc did well in the last quarter. yes, strong - last quarter. yes, strong results which would have pleased the market and beat expectations, as outlined. gather up 30% over last year, and the results explain why. what strip on the results, first
let s now get down to business and starting in the uk. how attractive is the uk as a place to do business? later today we ll find out when the ons releases its latest data on the level of foreign direct investment into the uk in 2021. a recent survey conducted by the accountancy firm pwc suggests britain was the third most important place in the world for businesses to invest, behind the us and china. but the head of the cbi is not so optimistic. in a speech today tony danker will call on the government to not shy away from hard decisions that can reverse the uk s trajectory of falling investment. he will urge the government to seize green growth opportunities. lets get the view of chris southworth, secretary general of international chamber of commerce uk. good to see you. obviously we are talking about investment in the uk from overseas, that is one thing and tony danker calling on the government to invest more, that is another thing. if we talk about the uk at the moment,
people like us are needed so much to help people like you. the tears are worth it. sean dilley reporting. 0k, time for a look at the weather with darren bett. what a difference a day makes, it couldn t be more different than yesterday, everything coming in from the atlantic, and if we look at the satellite picture, all this cloud streaming our way, and of course thatis streaming our way, and of course that is bringing the rain we are seeing across many parts of the country at the moment. we also have stronger winds picking up, but they are south westerly, bringing in tropical, maritime air, which is why temperatures are higher, and why we have cloud and rain. double figure temperatures for large parts of the uk, a little cooler in scotland and north eastern parts, where it was a chilly start this morning. we will continue to see rain through the afternoon, evening and well into the night, heavy across the hills, localised flooding, and by the end of the night most of it, the
law enforcement response an abject failure. the sending you details, as we get the first chilling images from inside the school that day. the surveillance photo you re looking at shows cops with rifles and ballistic shields in the hallway, but they waited another hour to storm the classroom. this photo was taken at the same time, but now you see it is a different angle and it also highlights that officers were ready to go in, but didn t. at the end of those 77 minutes, 19 students, including the daughter of one of the officers stationed there in the hallway, and two teachers, where dead or dying. others sustained serious physical injuries. the emotional and psychological harm will be lifelong for survivors and their families. it was the deadliest school shooting in texas history. jimmy, in stark contrast to those officers that waited over 90 minutes until he was actually shot, when s.w.a.t. came, there was 4 minutes between him arriving and being shot dead. jimmy: there a