A coronavirus recovery fund. Details of a new proposal have just been released but not yet agreed. And well round up all the latest coronavirus developments from around the world. Welcome. We start with some good news on the search for a vaccine for coronavirus. This is an editorial in the medicaljournal the lancet and the title says it all encouraging results from covid 19 vaccine trials. Two sets of results were published today one from the Jenner Institute at Oxford University and one from chinas academy of military medical sciences and Cansino Biologics in wuhan, china. Both appear safe and trigger an immune response. The lancet says, the results of both studies bode well for phase 3 trials, where the vaccines must be tested on much larger populations of participants to assess their efficacy and safety and that, overall, the results of both trials are broadly similar and promising. Heres the lead researcher on the chinese study speaking to state media back in march, just before Clinical Trials started. In accordance with International Standards and domestic laws and regulations, we have made the preparations for its safety, effectiveness, controllable quality and mask production. Lets take a look at the oxford vaccine now. The trials here involved just over 1,000 people. Fergus walsh has had access. Three, one, three, one, one, nine, seven. So much is riding on this. Could the oxford vaccine help end the coronavirus pandemic . More than 9,000 volunteers have received the jab in the uk among them, these front line nhs staff in newcastle. Ive seen what covid can do. The sort of severity of some of the cases has been quite upsetting at times, so i really wanted to try and help get rid of this disease. Unfortunately, my dad fell ill with covid and was admitted here for eight days. And i think, once its been that close to home, it makes more of a difference. You feel like you want to do your bit. Vaccines work by training the immune system to recognise and remember the enemy in this case, coronavirus. The oxford vaccine stimulates the creation of specialist y shaped proteins known as neutralising antibodies. In the event of future exposure, these should latch onto the coronavirus and prevent infection. It also stimulates the creation of t cells another key part of the immune system. These should sweep up after the antibodies and destroy any cells that have become infected. In the first 1,000 volunteers, the vaccine was safe and two doses gave an Even Stronger immune response than one. The oxford team say its a really important milestone. Were pleased with the results that are published today in the lancet, because were seeing both neutralising antibody responses and t cell responses that we are optimistic may be associated with protection, but we still need to conduct those trials to prove that thats the case in humans. But we dont know if the vaccine will work in the real world and protect people from infection. Trials have begun in south africa and brazil, both virus hotspots. So the answer there may come sooner than in the uk. So this is very good and its very promising to start with. However, we have seen vaccines reaching this point and also failing, so we need to be a little bit careful and not quite popping the prosecco just yet. I can fit you both in at quarter to one. Perfect. These over 70s in southampton are all signing up to receive the vaccine. Older people are more vulnerable to covid i9. And our immune system weakens as we age, so whether the vaccine protects them is another key question that needs answering. How do you feel . I feel fine. Good. Fergus walsh, bbc news. The two vaccines weve just talked about are not the first to reach this stage. The Us Company Moderna was first out of the blocks, and the companies biontech and pfizer have also had positive results, to name a few. In total, around the world, there are 140 vaccines in early stage development, but a smaller number in various stages of Clinical Trials. Heres professor robin shattock, whos leading the vaccine trials at Imperial College london. All of these approaches, we are doing a crystal ball type style to predict whether they will work or not, and we will not know whether they work until they work or until they work until they work or until they fail in Clinical Trials, so a great start but still many hurdles to get over. The most optimistic time frame will be seeing a vaccine towards the end of this year that most of them i think will be early next year, and then the real challenge is scaling them up and making them available globally. And we will bring you a global update a little bit later on in the programme. The uk government has suspended its extradition treaty with hong kong immediately and indefinitely, a move that further escalates tensions with beijing over their decision to enforce new National Security laws on the territory. In making the announcement, the uks foreign secretary, dominic raab, also extended to hong kong the arms embargo it had applied to china since 1989, stopping the uk exporting equipment, such as firearms, smoke grenades and shackles to the territory. Mr raab said the new National Security law had changed the relationship with britains former colony. The imposition of this legislation has significantly changed Key Assumptions underpinning our arrangements with hong kong. Im particularly concerned about articles 55 59 which give Mainland China the ability to assume jurisdiction over certain cases and to try those cases in mainland chinese courts. The National Security law does not provide legal orjudicial security law does not provide legal or judicial safeguards security law does not provide legal orjudicial safeguards in such cases im also concerned about the potential reach of the extraterritorial provisions, so i have consulted with the home secretary, justice secretary and attorney general and the government has decided to suspend the extradition treaty immediately and indefinitely. The uks extradition treaty with hong kong means that, if someone in hong kong is suspected of a crime in the uk, then british authorities can ask hong kong to hand them over to face justice and vice versa. Hong kong has a similar extradition agreement with 19 other countries, including canada and australia. Theyve already suspended their extradition agreements due to the same fear. So hows this going down in beijing . As you might expect, Chinas Foreign Ministry is not pleased with the uks decision to suspend the treaty, a plan it sees as an attempt to interfere in its internal affairs. Translation these Hong Kong Related remarks turn a blind eye to the basic facts that the National Security law is for the sustained success of one country, two systems. It goes against the International Law and international norms. We strongly condemn these wrong words and actions. We urge the uk to make no more steps down the wrong path so as to avoid further damage to china uk relations. In the uk, the governments move has the support of the opposition labour party, but theyve called on the government to go further in demonstrating their condemnation. Heres the labour party leader, sir keir starmer, speaking earlier. Theres been a long and deep relationship between the Chinese People and united kingdom, but some of the actions of the government are deeply disturbing. We cant turn a blind eye. We shouldnt turn a blind eye. It looks like it will be a step in the right direction. We also go further, you can impose sanctions and you should hear in the united kingdom, so we say to the government, we are waiting on extradition but thats a step in the right direction but go further as well. But while tensions between london and beijing have clearly escalated in recent weeks, the uk Prime Minister, borisjohnson, says keeping a Good Relationship with china is crucial. There is a balance here. Im not going to be sort of pushed into a position of becoming a knee jerk xenophobe on every issue, someone who is automatically anti china, but we do have serious concerns. We will be tough on some things but we will also continue to engage. So borisjohnson has made it clear that he wants to continue trading and working in a positive way with china where possible, but clearly, as tensions continue to rise, that might be difficult. Heres isabel hilton, ceo of the chinese analysis website china dialogue, on why. The mood is currently rather against that and certainly the mood inside the conservative party would make it very difficult for Boris Johnson the conservative party would make it very difficult for borisjohnson to get any legislation through the house of commons, which has backbenchers disapproved of, so we have seen the quark way episode and i would watch closely to see if there are moves against the proposition that china should build a power plant in this country because there is some murmuring about that and that may well be the next casualty. Were that to happen, we would certainly can see a strong reaction from china and they would not be a great deal to hope for in terms of the things that britain would want, which is greater progress on investment, greater access to the chinese market. I think it will be chilly for the time being at least. The new National Security law has already seen a number of key pro democracy activists leave hong kong overfear of being arrested. One of them is nathan law, a Founding Member of the territorys now disbanded, main pro democracy party, demosisto. He was elected to hong kongs legislative council. And heres nathan law leaving prison on bail in 2017 after being jailed for his role in the 2014 Umbrella Movement protests. After leaving hong kong upon fear of being imprisoned under the new security law, nathan law is now in london and joins us live. Its good to have you with us. We heard this announcement that the uk is suspending the extradition treaty with hong kong and extending to hong kong the arms embargo. I know that the Opposition Leader wants to go further, you have been speaking with members of the opposition party, what extra would you like to see the uk to . We have spoken with mps and they are in support of the Democratic Movement in hong kong and there is a structural shift. It is becoming more certain that this is shared by both the opposition and the incumbent party, and for them there are several ways we can move things forward. For example, making sure there are more people eligible for that and providing necessary health, working closely with our allies in europe and around the world to make sure there is a community that will fight against this in china. So we have a lot of things to do. We should do it collaboratively. Talk to us about your position. Last time we spoke was a couple of weeks ago. You were elected to the Hong Kong Legislative Council and then removed from that position. Your position now, you are unelected but speaking on behalf of the people of hong kong who are pro democracy. Definitely. Under the National Security law, there are a lot of restrictions on what you can say in hong kong. For example, if you say something, you urge other countries to have sanctioning or even hatred towards a government or the hong kong government, you could be prosecuted under the National Security law and face lifelong imprisonment and the fact that under law everyone can fall into a trap as long as the government wants to impose political suppression, so for me yes, indeed, i am saying something, they are unable to say in hong kong. Carrie lam, who is the head. Who represents the Chinese Government in hong kong, she insisted one country, two system scenario is still effective regardless of this new security law. How do you explain then and say that is not the case, given she insists that one country to system is fully effective and hong kong still has its right . That is a blatant lie. You can see how many countries reacted to the National Security law with leisures, for example canada, australia, the us and uk. They have been providing relevant measures. They have recognised it as a crisis in hong kong and that is a complete version of one country two system. People are losing their freedom of expression in hong kong and being arrested just because they have the slogans of the movement and the government issued a statement saying one of the slogans is under law, there are literally punishing people for what they think. Something that we do not see in a democratic country, so this is the end of one country, so this is the end of one cou ntry two country, so this is the end of one country two systems and the freedom we used to enjoy. Did dawson miss a trick and handed the power took place when hong kong was given back to bashan . Britain. Should citizens, would that have been helpful Going Forward . Beijing. Its very difficult to look at this issue retrospectively but i think for now the uk has a very unique historical obligation to offer help to people and i hope it will expand to people and i hope it will expand to those people who were born after the handover. Luckily the age group is 1823. The handover. Luckily the age group is 18 23. We enjoy similar benefits in order to better protect them. As always, thank you for your time, nathan. Stay with us on oustide source. Still to come its turned into the longest eu summit in 20 years. Eu leaders are trying to agree on a huge coronavirus rescue plan. Well take you through the details. Marks spencer is the latest high street store to announce job cuts with plans to make 950 posts redundant. Heres our business presenter ben thompson. Marks spencer is has been facing a long and arduous process to return to the hey day it once enjoyed and it was already in a three year turnaround plan launched by steve rowe and what they were trying to do was get the business in a better shape to cope with the change in the high street. All of that was thrown out of the window when many of the store like other retailers were. To close because of the coronavirus pandemic. They say now those plans have changed and they have been. Look at another 950 job losses and most store closures so probably unsurprising that this has happened but the detail we have today suggests it is management roles that will go rather than front line staff and they are hoping it will give them an opportunity to be more agile, more nimble. This is outside source live from the bbc newsroom. Results from two sets of vaccine trials in the uk and china are said to be encouraging. Were going to spend the next few minutes taking you through the latest coronavirus developments starting in europe, where eu leaders are trying to agree on a huge virus rescue plan. After four days of negotiations, its shaping up to be the longest eu summit in 20 years. Details of a new proposal have just been released, but a deal is not yet agreed. Lets go through the sticking points. Member states are largely split between those hit hardest by the outbreak, which are keen to revive their economies, and those more concerned about the cost of the recovery plan. The self proclaimed frugal four sweden, denmark, austria and the netherlands along with finland, say that 500 billion euros, or 573 billion, is too much to offer badly affected countries in grants. Led by the dutch Prime Minister, mark rutte, they say 375 billion euros is as far as theyll go with conditions including the right to block requests. But other nations, including france, germany, spain and italy, are refusing to go below 400 billion euros. This latest proposal being considered includes 390 billion in grants. There would be an allocation key, which determines who gets what based on unemployment rates in Member States and the size of the contraction in gdp. Eu council had believed this could be the one they agree to. It would be the one they agree to. It would bea be the one they agree to. It would be a proposalfor 390 billion euros so less than the 500 and 360 billion euros in the form of loans so this is considered quite a big number. They have not agreed to it yet but there is some optimism that they could agree to tonight. Heading into the talks, this was mr ruttes take. Were not here so we can go to each others birthdays for the rest of our lives, the Prime Minister of the netherlands said. Were all here to defend the interests of our own countries. The swedish Prime Minister appears to be taking a slightly softer approach. Here he is speaking to gavin lee earlier. Everybody is interested in getting a deal. Are you compromising . We are negotiating. Would this be the longest summit potentially in history . I dont know, really. And the European Commission president was promoting unity. Heres ursula von der line. We need a solution. European citizens need a solution. The European Union needs a solution and to prepare europe for the future, im positive that today we are not there yet but things are moving in there yet but things are moving in the right direction. So a positive, if cautious, note. Is it justifed . Heres some analysis from politicos florian eder. It isa it is a question of trust and those frugal countries would say trust is like money, you need to earn it before you can spend it, so that what they want is a mechanism in place to have a say on how italy, spain and other recipients of these gra nts spain and other recipients of these grants will spend the money and also because they say a lot of money has been spent and not the best man in these countries so its an act