The first big event during their year as Uk City of culture take place in coventry after a six month delay. Good afternoon. Welcome to bbc news. The Chancellor Rishi Sunak has announced what he called A Historic Agreement to reform the global Tax System. The agreement by the G7 Group of Finance Ministers is set to include a global minimum rate of Corporation Tax. The Base Rate of at least 15 is seen as a starting point, but is lower than the minimum rate of 21 that had been proposed by president biden. The plans are also set to stop major multinational companies, include apple and microsoft, from paying little or no tax in countries where they make money. The uk chancellor, Rishi Sunak, said businesses should pay the right amount of tax in the right place. Many of the Tech Giants have welcomed the agreement. The former deputy prime minister and now facebook� s Vice President of global affairs, nick clegg, said the social Media Giant had called for reform of global Tax Rules and wanted the process to succeed, even if it meant the company paid more tax. Our Business Correspondent Katy austin reports. How much tax should multinational companies, particularly Tech Giants, pay, and where should they pay it . Those were the questions at the heart of these discussions between G7 Finance ministers. Today a consensus to back a global minimum rate of at least 15 . I am delighted to announce that today, after years of discussion, G7 Finance ministers have reached A Historic Agreement to reform the global Tax System, to make It Fit for the global digital age, but crucially to make sure that it is fair so that the right companies pay the right tax in the right places. The deal is seen as a significant development. Since at least ten years ago, and probably earlier, there has been this dissatisfaction that lots of companies move their headquarters to very low taxjurisdictions. But it has been really hard to come up with a global deal on Corporation Tax. Some countries, including the uk, have already introduced their own digital services tax. There had been pressure from the us to drop them quickly as part of this deal. Asked if the uk would now do that, the chancellor said the measure had always been intended as a temporary one. This is the first step, the g7 agreement, we have got to move to the g20 and then beyond. But obviously the intention would be, once there is a global multilateral solution in place, then the need for those dsts falls way. The rules agreed today would also aim to make companies pay tax in the countries where they are selling their products or services rather than where their profits are declared. How transformative this Groups Deal is depends on getting other nations on board, too. But the german Finance Minister said it was bad news for tax havens. Katy austin, bbc news. Our economics editor, faisal islam, has been speaking to the german Finance Minister, olaf scholz, about todays historic agreement. This is a very good agreement. We worked so hard for many years to get there, but now this is the breakthrough we worked for. And what does it mean . Does it actually mean that the big Tech Companies, for example, will pay more tax in europe, in germany, here in britain . Tax evasion will be more difficult for big companies all over the world and this is a good message for the people of our countries and especially the big Tech Giants who have to pay their fair share, and this is also a good success. And how about in europe . You have got a very difficult discussion now within the European Union for those jurisdictions, not least ireland, that have Corporation Tax rates below 15 . Im sure the decision that is made today will be very successful. This is a train that has already started and anyone willjoin the train. And are you happy that it is at least 15 , that there is some negotiation to move potentially to up that 15 to a higher rate . It is clear now that we have a figure which is 15 or more and this is the basis for the talks with others, but we will try to make the whole success in the next days with the next meetings within the oecd and the G20 Meeting in venice, so this is a good summer for those who are working for fairness. And it almost feels like this is an emotional moment for you. You have worked on this for years. And i imagine when you first floated this, it was a nonstarter. The americans would never go for it, the uk would never have gone for it. It is a very important moment for me. I worked so hard to get there and im very happy that this is an agreement which anyone supports now and this is real progress. As weve been hearing, one of the agreements made at the g7 was a 15 minimum rate of Corporation Tax. Ireland is the European Hub for many of the Tech Giants, mainly in part because of its low Corporation Tax of 12. 5 and that will now have to increase. Lets discuss this with the irish economist and former head of the irish fiscal advisory council, seamus coffey. Thank you very much forjoining us. Obviously the Finance Ministers are very pleased with themselves today, but they also have referenced ireland. How likely is it that dublin could be persuaded to get on board . ,. ,. , board . There will be a number of concerns across board . There will be a number of concerns across smaller board . There will be a number of| concerns across smaller countries and what we have here is the biggest, wealthiest and most important countries in the world coming to an agreement about what they think should happen. But small countries will have a voice as well. But countries with Tax Rates above 15 , it is significant and just to be agreed is significant. But theres still a lot to play out before this agreement comes before smaller countries. What before this agreement comes before smaller countries. Smaller countries. What would keep some of these smaller countries. What would keep some of these corporations smaller countries. What would keep some of these corporations in some of these corporations in ireland if the Corporation Tax rate went up to 15 . The argument is it is a Level Playing Field so dublin would not be disadvantaged. fine would not be disadvantaged. One thing smaller would not be disadvantaged. Que thing smaller countries would not be disadvantaged. Iez thing smaller countries will would not be disadvantaged. I2 thing smaller countries will want to see is that larger countries already have the advantages, they have the population and larger markets, a significant advantagejust population and larger markets, a significant advantage just because of their Size Row as the other countries dont have that advantage and one way they could look at that is through taxation. The average Tax Rate is 12. 5 , so there isnt a huge Jump Rate is 12. 5 , so there isnt a huge jump to the 15 minimum. This is what the Home Countries have to apply, and the biggest might be the us, the Home Country for many of these Tech Companies and they may be these Tech Companies and they may be the ones to gain additional revenue because the us must ensure companies are paying 15 rather than ireland. And many Tech Companies have their headquarters in the united states, Thatis Headquarters in the united states, that is what you are saying. Yes. That is what you are saying. Yes, the are that is what you are saying. Yes, they are american that is what you are saying. Yes, they are american countries that is what you are saying. I2 they are american countries and this 15 minimum is in those Home Countries. The minimum tax essentially does not change a whole lot from an irish perspective, but maybe it erodes the attractiveness of relocating to a lower tax regime. Perhaps more significant from the Agreement Today is that they will try to allow more profit to be taxed in Market Countries and they have an agreement that 20 profit above a certain level will be distributed to Market Countries where sales are made, where the likes of the uk, germany and france making additional Tax Revenue if they collect the tax whether customers are. Tax revenue if they collect the tax whether customers are. What will ersuade whether customers are. What will persuade other whether customers are. What will persuade other countries whether customers are. What will persuade other countries outside | whether customers are. What will. Persuade other countries outside the g7, particularly the smaller ones you have referred to, to sign up . Will be some sort of moral pressure . Yes, you can hear it from ministers themselves, getting people on board and backing the agreement. And this is an agreement among larger countries, but within the eu there are a number of smaller countries who have raised concerns about some of the moves they have seen in the corporate tax sphere. Smaller countries want to hold onto Tax Sovereignty and want be ability to use taxation as part of their industrial economic policy. There is no guarantee that other smaller countries might have a concern with this. There is a certain momentum of the g7, the big countries reaching an agreement. It is significant they have come to an agreement, even if there are some elements that can be worked out, but smaller countries still have a role to play when it goes to the oecd and the eu, and it Will Notjust be ireland. Will not ust be ireland. Some of the Will Notjust be ireland. Some of the statements Will Notjust be ireland. Some of the statements we Will Notjust be ireland. Some of the statements we have Will Notjust be ireland. Some of the statements we have had Will Notjust be ireland. Some of. The statements we have had from Will Notjust be ireland. Some of the statements we have had from some of the Tech Giants, they are trying to have us believe they are more than happy to be paying more tax. What pushback are we likely to see from them further down the line . Most of these companies want certainty and you will not hear much dispute from them as many of them are already paying taxes within access of 15 . This will not necessarily increase their tax bills, but could change the location of where they pay their tax and where the people are using their services or shopping on amazon, where the customers are, if the change is in the tax there, but it might not necessarily mean they are paying more tax. Most of these companies have Tax Rate of above 15 , so it might not change the amount but might change where they are taxed. We amount but might change where they are taxed. ~. ,. ,. , ~ are taxed. We appreciate you talking to us. Are taxed. We appreciate you talking to us thank are taxed. We appreciate you talking to us. Thank you. The head of nhs providers, which represents health services, has said covid vaccines appear to Have Broken The Chain between catching the virus and becoming seriously ill or dying. Despite this, Chris Hopson says any decision on Easing Restrictions in england on 21june is finely balanced. Our Health Correspondent Naomi Grimley reports. It is the big question of the summer. Can hospitals still cope with the numbers of people who will fall seriously ill from Covid I9 before the full effects of Mass Vaccination are felt . The encouraging news is that Hospital Admissions are well below the levels we saw in winter. And today one of those representing Health Trusts appeared to strike an optimistic note. What we think we can start to say now, based on that experience from those who have been at the front of this wave, is it looks as though the vaccines Have Broken The Chain between catching Covid I9 and potentially being very seriously ill and potentially dying. But more Surge Testing is to begin on monday in parts of Reading And Wokingham because of the more transmissible Delta Variant first discovered in india. Cases have been nudging up quite noticeably again as we mix more. Yesterday over 6,000 were recorded. And some experts fear that could still translate into a problem until full vaccination is reached. It is particularly this increase in transmission that could cause us considerable problems. We are getting estimates of 40 to 60 more transmissible than the b117, the kent variant, that was dominant and that means infections can come at us quite fast. In the end, it is a political decision whether to go ahead with the final stage of loosening in england. Opinions in the scientific community are split. Perhaps the only Thing Everyone agrees on is that more data is needed. Naomi grimley, bbc news. Coronavirus restrictions have eased for millions of people in scotland today. Glasgow has moved down to level two, which means people can meet in Each Other� S Homes, in limited numbers, and drink alcohol in pubs and restaurants for the first time in eight months. But a planned relaxation across some other parts of the country has been delayed. Our correspondent in glasgow, graham stewart, has more a significant day for the citizens of glasgow. They are emerging from nine long months under some of the countrys toughest covid restrictions. As you say, from today they are able to meet indoors and enjoy alcohol inside pubs and restaurants and travel in and out of the city. But for 13 other Council Areas that have been enjoying the same freedoms for the past three weeks, well, they are staying exactly where they are, and that is because of concerns over the now dominant indian variant. In fact, across scotland, infections have more than tripled over the past month. But in some other areas, where Case Numbers are relatively low, they are moving to level one. Auckland, shetland, the western isles, they are moving to level zero, the lowest level of restrictions, that is where the whole of scotland hopes to be towards the end of this month. The First Minister says the situation is hopeful but fragile. Indian officials have announced that Lockdown Restrictions will start easing in delhi, weeks after a devastating second wave of the virus. Markets and Shopping Centres will be able to partially reopen from monday and offices can also reopen at half capacity. The city reported about 400 new infections today, down from about 25,000 daily cases when the lockdown was announced seven weeks ago. Two men are recovering in hospital following a racially aggravated assault in liverpool city centre. The incident took place near sir Thomas Street around 5 40 this morning. One victim suffered suspected Stab Wounds while the other received a Chest Injury from an unknown weapon both are said to be in a stable condition. The headlines on bbc news. Chancellor Rishi Sunak has said G7 Finance ministers from the worlds leading economies have reached a historic deal to reform the global Tax System during talks in london. Testing is ramped up as the uk sees the highest number of new covid infections in two months. For the first time in nine months, people in glasgow will be able to socialise in Each Other� S Homes and drink alcohol in pubs restaurants as parts of Scotland Move to lower Restriction Levels from today. Sport and for a full round up from the Bbc Sport centre, heres chetan. Good afternoon. Well start at lords where england wickets have been tumbling on the fourth day of the first test. After yesterdays wash out, they resumed on Iii 2 against New Zealand but lost four wickets before lunch, including Joe Root with the first ball of the day from Kyle Jamieson for 42. Its five wickets for Tim Southee now Lawrence And Bracey gone for 0. England have slipped to 212 8 after lunch. New zealand made 378 in theirfirst innings. St helens have won their first Womens Challenge Cup after thrashing York City knights in the final. Saints raced into a 20 0 half time lead with four tries, Amy Hardcastle with the pick of them. The final score was 34 6. Englands Mel Reid remains in contention at the Halfway Point of the us womens open in san francisco. Reid, who led after the first round, slipped back to sixth following a two over par 73. Shes four shots behind the leader, 19 year old Yuka Saso of the phillipines. At the french open, its a big day for britains Cameron Norrie as he takes on is time Champion Rafael Nadal this afternoon in the third round that match just under way. World number one Novak Djokovic is already into round four. He eased past the lithuanian Ricardas Berankis in straight sets, winning injust over an hour and a half. Theres been another upset in the womens draw, though. Elina svitolinas become the seventh top ten seed to be knocked out in the Opening Week of the french open. The Ukranian Fifth Seed was overpowered from the back of the court by Barbora Krejcikova at the bottom of your screen in straight sets. The czech players into the fourth round for the second year in a row and will play the former Us Open Champion Sloane stephens next. No problems, though, for the highest seed left in the womens draw, sofia kenin. She fought back from a set down to beat americasjessica pegula, winning 4 6, 6 1, 6 4. There was a surprise in qualifying at the azerbaijan grand prix, with Charles Leclerc securing pole. The Ferrari Driver had set the benchmark time in the final session in baku, just ahead of the mercedes of lewis hamilton, with Max Verstappen third for red bull. Just as they were about to start their final laps, two crashes brought qualifying to a premature end, Handing Leclerc Pole for a second race in a row. Fabio ouartararo has become the first rider in seven years to claim five Motogp Pole positions in a row. The Championship Leader clocked the quickest time on his yamaha early on in the final session of qualifying for the catalunya grand prix. Australias Jack Miller will start from second despite this crash stopping him from beating the frenchmans time. Britains Geraint Thomas has moved up to third overall with just one stage to go at the criterium du dauphine. Ukraines Mark Padun broke clear to win the penultimate stage by 34 seconds ahead of australias richie porte, whos whose second place secured him the overall lead. Thomas finshed ninth and although hes moved up the standings, he trails his ineos Grenadiers Team Mate porte by half a minute. Manchester City Defender Ruben dias has been named premier League Player of the season, with Pep Guardiola taking the managers award. Dias was influential in central defence as city won a third title in four years. The portuguese international was named Mens Footballer of the year by the English Football Writers Association last month. A busy day of sport. Thats all the sport for now. You can find more on all those stories on the Bbc Sport website. Thats bbc. Co. Uk sport the dial is leading in that first set. I am the dial is leading in that first set. Iam back the dial is leading in that first set. I am back in an hour. Rafael nadal is leading in that first set. Visitors may be returning to some of the uks most popular tourist destinations, but employers are Reporting Problems Recruiting staff. In cumbria, Tourism Bosses are warning the situation is reaching crisis point, and say the sector has been badly hit by new post brexit immigration rules. Yunus mulla reports. The Lake District is looking busy. The visitors have returned in large numbers, but fewer people are choosing to work here. Emmas deli in grasmere is facing an all too familiar problem. Its owner has another cafe in keswick, that is down to opening just five days a week. Here the chef retires soon. That position has not been filled. When we reopened lastjuly, we didnt seem to have a shortage of people coming forward forjobs and something seems to have shifted. But it might mean we have to reduce what we can offer in terms of either the days we are open or the days when we can offer food, because we just cannot keep up with the demand. The scale of the Staff Recruitment Crisis facing the Countys Tourism and Hospitality Sector is said to have doubled within the last month. Cumbria tourisms latest survey has highlighted the challenges facing businesses here in the Lake District, with 68 saying there is a significant problem recruiting staff. Business responses also reveal 73 cite a lack of applicants and 44 say there is a skills shortage. Lack of affordable housing and public transport difficulties is not new, but many businesses were not expecting the current staff shortages. I have had clients in tears, you know, i have had them ringing up saying, please help. In fact, i had a Head Chef say to me the other day that the hours he is having to work because he is six or seven people down in the kitchen, he said he is going to end up in an early grave. When the Lake District Country Hotel Group reopened with the easing of restrictions, 10 of staff did not return. But brexit and the ending of the free movement of people is a bigger problem. Our Biggest Problem in our area is pre brexit we had 47 of our staff came from the eu. However, since the end of free movement, we are now finding it a lot harder to find people. Unemployment in our area is just shy of i and it is an ageing population in our area, so people are migrating away from our area rather than coming to it. Businesses here are doing what they can to find a way out of this staffing crisis, but to grow and recover, there is also a call for government intervention. Yunus mulla, bbc news, grasmere. Coventry is staging its first major events to mark its year as the uks city of culture. The pandemic meant that celebrations had to be postponed until restrictions had started to ease. There are Pop Up Performances throughout the day, including 14 modern Day Lady godivas who will ride through the city. Colleen harris has spent the afternoon talking to the performers in coventry. I am in the beautiful grounds of coventry cathedral, and on my right behind me is the herbert gallery, where the Turner Prize be coming later this year. This is the Centre Point for part of the Uk City of Culture Opening and it is a nod to coventry� s past when it was bombed in World War ii. Out of that, it became a symbol of Peace And Reconciliation and these are the stories that will be told by street and artists that are moving through the city currently. They are moving because organisers have had a real challenge delivering a programme that is covid safe and they have been telling people to watch from home. Do not come in. We have been here all day following events, which opened with pauline black, the singer from the � 70s and � 80s ska band, and she has performed on a bridge in a residential part of the city. There was an element of surprise there for residents waking up early doors. Thatjourney has been followed through different neighbourhoods In The City by River Runners and parkour performances and bmx performers representing the spirit and youthful energy, part of the story, too, as well as innovation. Coventry� s history with the Car Innovation and car manufacturing, so lets chat now with some of the young performers who have taken part and been involved in putting on such a spectacle. Marius, you are a creative dancer, tell us about your part in this. I was a Movement Associate for coventry moves, as well as one of the creatives that helped develop one of the showcases In The City. As part of my Movement Associate job, i have choreographed two pieces across town, one to do with extreme sports, including scooters, bmxs and parkour, and one is with a Girl Dancer and a bmx rider. And what have you tried to say about the city through Movement And Choreography . Obviously, because i have used extreme sports artists, it is to evoke Energy And Youthfulness and also the legacy for the Future And Showcase that coventry is full of energy still and still will be for many years to come. And as a coventry based artist, what you hope legacy will be for coventry having this moment . To have communities involved and having lots of people be involved and this and leave a legacy and have people collaborate and ask different artists to grow with Each Other and as a city and develop showcases and different art performances. Thank you. Ashleyjordan, you have been part of all of this, what has been your role . We have been working to help some of the structure, the river run, understand some of the parts and how people can get involved. We are both connecting people with artists and just building i a real buzz around it and make sure | the event is something that will be| leaving a long lasting legacy for the city, i and both of us are creating Pop Up Performances and they and they will be live today. So people are going to the city to go shopping and People Cant even watch it online or via livestream. You guys are going to show us a little bit of the movement that we can expect. Takeit take it away. I will move out of the way. Thank you. Guys, one last question. Tell us what this means up people, young people in coventry to be involved In The City of culture. They are the future, creativeness and out they are the future, creativeness and out of they are the future, creativeness and out of the they are the future, creativeness and Out Of The Box they are the future, creativeness and out of the Box Thinking they are the future, creativeness and out of the Box Thinking has. They are the future, creativeness. And out of the Box Thinking has been in coventry and out of the Box Thinking has been in coventry since and out of the Box Thinking has been in coventry since before and out of the Box Thinking has been in coventry since before i and out of the Box Thinking has been in coventry since before i was and out of the Box Thinking has been in coventry since before i was alive l in coventry since before i was alive and i in coventry since before i was alive and i think in coventry since before i was alive and i thinkwe in coventry since before i was alive and i think we will in coventry since before i was alive and i think we will continue in coventry since before i was alive and i think we will continue to and i think we will continue to innovate and i think we will continue to innovate and and i think we will continue to innovate and make and i think we will continue to innovate and make the and i think we will continue to innovate and make the year. And i think we will continue to| innovate and make the year as flamboyant innovate and make the year as flamboyant and innovate and make the year as flamboyant and amazing innovate and make the year as flamboyant and amazing as innovate and make the year as flamboyant and amazing as possible. It also flamboyant and amazing as possible. It also gives flamboyant and amazing as possible. It also gives them flamboyant and amazing as possible. It also gives them a flamboyant and amazing as possible. It also gives them a voice flamboyant and amazing as possible. It also gives them a voice and it also gives them a Voice And Confidence to get out there and collaborate with different artists and make it happen. If they have a passion. And make it happen. If they have a passion, they should go for it and keep passion, they should go for it and keep motivated for the future. Thank ou so keep motivated for the future. Thank you so much keep motivated for the future. Thank you so much. Thank keep motivated for the future. Thank you so much. Thank you keep motivated for the future. Thank you so much. Thank you for keep motivated for the future. T� iafiaz you so much. Thank you for doing that as well. So a message for organisers is do not come into the Town Centre to see these events, they will move through the city and you can catch it all online for now. It is coventry 202i you can catch it all online for now. It is coventry 2021 online. Now its time for a look at the weather with stav danaos. Hello there. A vast improvement to the weather across South East Of England today. In fact, much of england and wales will see the best of the sunshine today, tomorrow looks like it is scotland and Northern Ireland that will fare best with the sunshine. Now, this new Weather Front pushing into Western Areas will bring thicker cloud to western scotland, Northern Ireland and into West Wales and the far South West of england through the day, with some splashes of rain, a few heavy showers around, but further east, certainly for england and wales, Itll Stay largely dry. Good sunny spells, bit of fair weather cloud, feeling quite warm, temperatures in the low to mid 20s celsius, high teens generally across the North West. Now, into sunday, that Weather Front will be across england and wales, so largely cloudy skies here, showery bursts of rain, the Odd Heavy Shower or two, but further North And West for scotland and Northern Ireland, it will be brighter with some sunshine on sunday afternoon. But i think temperatures are a notch down across the board, particularly england and wales, where we will have more cloud around. As we head through the week, it is the North West corner of the country which will see more breeze, a few showers, further south and east, closer to high pressure, it will feel warm. We didnt know what to do. Should peterjoin me . Should he not . Hello, this is bbc news. The headlines. The uk Chancellor Rishi Sunak says G7 Finance ministers from the worlds leading economies have reached a historic deal to reform the global Tax System during talks in london. I think the crucial thing for people to take away is the principle of fairness. That is what we have achieved today, to ensure that there is a Level Playing Field for all types of companies. Testing is ramped up as the uk sees the highest number of new covid infections in two months, raising more Question Marks over the further relaxation of restrictions. For the first time in nine months, people in glasgow will be able to socialise in Each OtherS Homes and drink alcohol in pubs and restaurants as parts of Scotland Move to lower Restriction Levels from today