I could learn a lot of things from you. Lost tv treasures. How rediscovered shows will be seen for the first time in decades today at a london exhibition. The ashes are slipping away from england as captain steve smith hits a double century to raise australias hopes of a Third Straight win in the series. And in half an hour, an early slice of christmas as the travel show heads to finland for a reindeer safari. Good morning and welcome to bbc news. A leading supporter of brexit has said the uk cannot become a colony of the eu during the expected two year transition period after britains withdrawal in march 2019. Jacob rees mogg made the comments after eu leaders yesterday agreed to move to the next phase of brexit discussions in the new year. They also suggested the uk would continue to participate in the Single Market and remain under thejurisdiction of the European Court ofjustice during any transition phase. The date when the uk leaves the eu, march 29th 2019, is now likely not to be set in law. Lets speak to our political correspondent, tom barton. Brexit in a bid. First of all, this transition row, where does it spring from . And this is about what is inside this document, the guidelines published after the European Council meeting that theresa may was that this week. During her florence speech, the Prime Ministers speech in september, she said that the uk was committed to a transition period after the date of brexit of about two years. These guidelines laid for the eu thinks that transition period means and they say in essence, during that period, the uk will remain having to accept european laws, but will not have a vote on them, and will continue to have to acceptjudgments of them, and will continue to have to accept judgments of the them, and will continue to have to acceptjudgments of the European Court of acceptjudgments of the European Court 0fjustice. Brexiteerjacob rees mogg, and newsnight last night, said he was not impressed with that suggestion. The Prime Minister has consistently said that she is in favour of implementation, which means we leave in march 2019 and the consequences of means we leave in march 2019 and the consequences of leaving are implemented, but we cannot be a colony of the European Union for two years, from 20192021, from 2019 2021, accepting new laws that are made without any say so of the british people, parliament or government. That is not leaving the European Union, that is being a vassal state of the European Union andi vassal state of the European Union and i would be surprised if this is government policy. We have already seen divisions laid large this week in the parliamentary conservative party. Adi remain supporters, as we still call them, similarly alarmed at this prospect . No, first lets talk about what the Prime Minister says. She says despite what is in this document britain will be leaving the Single Market and the Customs Union and brexit day. If they accept what the eu is saying, at least during the transition period they will be leaving those two bodies in name only. Trade discussions are imminent, formal trade negotiations cannot start until after britain has formally left the European Union. Those arguing fora left the European Union. Those arguing for a soft brexit, the remain supporters, people like ken clarke, this it is in the interests of business to have continuity well the trade discussions take place. Of business to have continuity well the trade discussions take placem would be disaster it because we have not finished in negotiations, in march 2019, we start raising tariff barriers, regulatory and customs barriers, regulatory and customs barriers between ourselves and the European Union. I doubt if we could get planning permission for the lorry parks in time. With the transition period of two years, you continue economically exactly as we are now, but politically you have left the union. That seems to me quite easy to negotiate and that is where we will be before a couple of montserrat. Chancellor Philip Hammond is on a trip to china this morning. He has said that the government is create is committed to creating an environment in which they technically replicate the status quo. It seems the government are accepting what the European Council say. Theresa may will be in a good mood after yesterday, but relieved that some sort of deal seems to be able to be done over what seemed to be another defeat for the government this week. Earlier this week we had this embarrassing defeat around the rights of parliament to have a vote on the final deal and whether parliament accepts that. That was a victory for soft brexit mps and a defeat for the government. There had been warnings of another possible defeat over this decision that the government had taken to write the date, and the exact time of brexit into british law. It seems that a compromise has been reached, which all sides appear to have signed up to, which will essentially say that the date will still be put in british law, but if parliament approves, then they can move that date a little bit if extra time is needed for negotiations. Today, one of those bank that compromise, 0liver letwin, a former cabinet minister, said that the defeat earlier in this week was in his view. Thank you for filling us police in canada say theyre treating as suspicious the deaths of one of the worlds richest men, the pharmaceutical billionaire Barry Sherman and his wife. Their bodies were found in the basement of their home in toronto. Angus crawford reports. 0ne Angus Crawford reports. One of torontos richest suburbs, a house for sale. In the basement, a discovery, two bodies, iman and the woman. Barry sherman and his wife, honey, one of the richest couples in the country. Police cannot yet say what happened. The circumstances of their death lead us to believe that there may be suspicious circumstances. It is an investigative tool, until we know exactly how they did, we treated as suspicious, and once a determination has been made by the pathologist and the coroner, we move forward from there. Barry sherman, who we re were 75, is thought to be worth more than £2 billion. He made his money in pharmaceuticals, setting up apotex in the 1970s, and building it into one of the biggest Drugs Companies in the world. Stepping down as chief executive in 2012, he dedicated himself to charity work. To David CanadianPrime MinisterJustin Trudeau said that he sent his condolences to the family and friends of the couple and everyone touched by their vision and spirit. Local people came to the couples home to lay flowers and pay their respects. This woman still could not believe the news. People looked up to him. People are in shock, crying. They are genuinely heartbroken. Apotex released the statement. For now, the Investigation Continues into two deaths which leave the community in shock, and the family in mourning. A special meeting in south africa has been delayed over who will be allowed to vote over the next leader of the anc. The South African president , jacob zuma, is beset by allegations of corruption, and he will address the conference today. Virginia langeberg reports. 0n the eve of the conference which will see a new face emerge as leader of the anc, candidates rubbed shoulders at the president ial gallup dinner hosted by jacob shoulders at the president ial gallup dinner hosted byjacob zuma. As he steps down from the leadership role, south africa is left but the virtual crossroad. It was since 1994, the first election where people of every race first election where people of every ra ce we re first election where people of every race were allowed to vote, the anc has won overwhelmingly, and that was the year that brought an end to white minority rule. Now, for the first time in more than two decades, there is the possibility South Africans could turn their back on the party that led the country towards liberation. Jacob zumas presidency has been plagued with allegations of corruption since he took office in 2009. Public protests have been held over his handling of the economy and he has survived eight no confidence votes in parliament. The incoming anc leader will not only need to regain the trust of voters but also unite the party. The anc and the country must emerge as the winners, as winners at this conference. Because if we produce positive results, it is good for the country, it is good for everyone. It is important for us to do so. We will prove we are a democratic country, we are a democratic country, we are a democratic organisation. While there are seven candidates, it is widely thought that two have the best chance of winning. Cyril ramaphosa and nkosaza na chance of winning. Cyril ramaphosa and Nkosazana Dlamini zuma. Cyril ramaphosa is currently the Deputy President and is running on an Anti Corruption president and is running on an anti corru ption ticket. Some a nalysts say anti corru ption ticket. Some analysts say he is most popular with the middle class and his game lots of support from anc branches around the country. Nkosaza na of support from anc branches around the country. Nkosazana dlamini zuma is jacob zumas former wife. She is promising to put more of the countrys economy and lands back in black hands, but critics say she is too close to jacob zuma. Whoever comes out on top of the anc leadership battle in the coming days will be to become the countrys president in 2019. It is at a time when south africa has faced to economic recessions in less than a decade, unemployment stands at 27 , and Gross National debt at a decade, unemployment stands at 27 , and Gross National debt 0ur correspondent milton nkosi is at the anc conference at 150 billion. Injohannesburg and hejoins us now. Good to speak to you again. Give us a sense of how things might be different, depending on which of these two people, if it is one of these two people, if it is one of the two favoured candidates, is to win the Party Leadership vote . Yes, we are now told that the conference has been delayed by about five hours. It is scheduled to start at two. They had planned to start at nine oclock this morning. The executive committee of the anc have been meeting, trying to decide which delegates will be allowed, following the courtsjudgments, delegates will be allowed, following the courts judgments, which nullified some of the delegates yesterday. Most of these delegates, who are supporting two different candidates, one is cyril ramaphosa, jacob zumas Deputy President , and the other is doctor Nkosazana Dlamini zuma, jacob zumas former wife. The ones who support cyril ramaphosa, largely middle class. They think he will have inclusive growth and he will kick start south africas sluggish economy. Those who support nkosaza na dlamini zuma believe that as the economic landscape is still drawn along apartheid lines, they believe that she would try and get the economy into the hands of the majority, that is to black people. Those are the obvious differences between the two candidates, but they are both anti apartheid activist, they have their own credentials in the anti apartheid struggle, and they are supported by the same people in the same party who support the same policies. Attending the equivalent conference at the time the jacob zuma became party leader, when he succeeded thabo mbeki, who effectively was forced out of the job, the thabo mbeki, who effectively was forced out of thejob, the bad blood between the two calms was quite striking. Idid between the two calms was quite striking. I did not see the two men speak, i was at a diplomatic reception and they were practically next to each other, and they did not look at each other or speak to each other. Jacob zuma were circulating, greeting people. He has been a big figure on the political stage in south africa. Does either of these two candidates measure up to him in terms of the impact they are likely to make . Cyril ramaphosa was behind the scenes for a long time and he vanished into business. Jacob zumas ex wife is slightly different, she has been involved for a long period. Yes, that is why big business think that cyril ramaphosa, with his business background, is the best person to kick start the sluggish economy. The Growth Potential of south africa is below 1 as we speak and they believe he will take it to greater levels. Unemployment is around 27. 7 , incredibly high. People between the ages of 25 and 34, they are unemployment is around 55 . 34, they are unemployment is around 55 . Those who support him believe he will deliver in inclusive growth which will deliverjobs in turn. Those who support doctor Nkosazana Dlamini zuma believe that she would have policies such as radical economic transformation. They think they will get the land back from white hands. They think they will be able to get more black people into the mainstream of the economy. That is essentially the difference between the two camps. You are going to be in for a lively weekend. A bit of a late start, u nfortu nately. Weekend. A bit of a late start, unfortunately. I am sure you will have plenty to keep you busy. Thank you for being with us. Whoever becomes party leader is in all probability going to become the next South African state president. Former Prime MinisterDavid Cameron is to lead a uk Government Investment initiative with china. The announcement comes off the back of a two day visit to the country by the chancellor phillip hammond. Mr cameron will be involved in a new one billion dollar fund which will invest in the uk, china and other countries. 0ur china correspondent, robin brant, is in beijing. Im tempted to ask the question if he had such difficulty selling to the british people the concept of remaining in the European Union, why does the chancellor think that David Cameron is the salesman to effectively get this infrastructure fund, this private sectorfurned up and running and get it investing . think maybe the answer to that is more about uk institutional investors, their desire to have such a prominent figure on board and mr camerons desire to continue the work he did in government, when he championed even closer ties, expanded ties between the uk and china. I mean Philip Hammond told me a few hours ago that he supports this investment fund, he endorses it. Its not public money. Its not taxpayers money. Its not a government fund. Nonetheless, David Cameron, very well known, has taken a pretty low profile since he left downing street as Prime Minister a year ago. Hes campaigned on some health causes. Hes been involved with the National Citizens service, a thing for 16 and 17 year olds in the uk. This sees him turning his aim to institutional investing and continuing that focus on, as i said, trying to improve and expand economic ties between china and the uk. I think Philip Hammond thinks David Cameron will lead this fund. Its David Cameron will lead this fund. Its going to invest in a swathe of projects possibly, pipe lines, railways, all infrastructure projects. They are closely linked with the belton road initiative. Chinas number one priority. Its aimed at helping economies immediate will to the west of china and into europe. China believes that helps it gain access there and for those countries to improve economic ties with china. What it shows more than anything, added to the comments from Philip Hammond, is about how much the uk continues to believe in better relation was china, better economic ties because it believes, especially as brexit approaches and passes, chinas, the worlds number two economy is key to helping the uk economy grow. Thanks very much the headlines on bbc news a leading brexit supporting mp says hes unhappy about the idea of britain staying in the Single Market and Customs Union, during any transition period. Police in canada say theyre treating the deaths of the billionaire businessman Barry Sherman and his wifea wildfires in Southern California continue to burn out of control scorching an area larger than new york city and paris combined. Sport now, and for a full round up, from the bbc sport centre, heres mike bushell. Theyre not very good. We seem to be saying this a lot. Theyre not looking very good for england in the ashes. No, not at all. Youre right. Another incredible batting display by australian captain, steve smith, has put his side in a dominant position, in the third test in perth. If they win they will regain the ashes. England had been a glimmer of hope, when moeen ali sent shaun marsh back to the pavilion. The trouble is, he has a brother, mitchell marsh, and he was the