Devastated the bahamas just over a week ago. If youre the uk Prime Minister and youre having to deny that you lied to the queen, and youre denying it because in edinburgh yesterday, scotlands highest civil court found that your suspension of parliament was unlawful and effectively said that you did lie to the queen, then youre first few weeks in office may not be going to plan. But thats where Boris Johnson got to today. Did you lie to the queen when you advised her to prorogue, suspend parliament . Absolutely not. Indeed, as i say, the high court in england plainly agrees with us, but the Supreme Court will have to decide. Weve been going on in this parliament now for longer than any time since the civil war, we need a queens speech, we need to get on with things. And parliament will have time, both before, and after that crucial summit on october 17, 18th, to talk about the brexit deal. To reiterate what he was saying. The Supreme Court will rule next week if he behaved lawfully when
Barclays is biting back. The lender rejects a Justice Department complaint, suing the bank after it refuses to settle in its misselling case. Good morning, everybody. Welcome. Almost christmas. I know. Hard to believe. You were up all night i heard. Super noisy neighbors. Party from the neighbors what can you do . Do you go in at 2 00 in the morning . 3 00 . Always puts your life in perspective when you wake up and others are coming up. Youve been up since 3 00. Never mind. One more day to go, and everyone is excited. Deutsche bank shares have hit the top of the stoxx 600. The german lender saying it reached this provisional 7. 2 billion deal to resolve the department of justice investigation into itsishan iss and underwriting of deals. Under the tentative agreement Deutsche Bank would make a 4. 1 consumer relief payment and a 3. 1 billion civil penalty. Lets get out to anetta in frankfurt with all the details. Investors like this settlement, why . They like that because the cash compo
Divided hikes, with the swiss insurer targeting an eventual payout of 75 of its net profit. Donald trump prepares to meet his first foreign leader, japanese Prime Minister shinzo abe, as the bank of japan goes on the defensive, buying jgbs in a bid to offset rising treasury yields. Good morning again. Welcome. Glad to have you with us for this next hour. We have lots going on. A packed show for you. Just giving you an indication of where europe is trading, we were called higher by the spread bettors before we opened an hour ago, hanging on to those gains, just over a tenth of a percent. Over night, the bank of japan conducting the bond buying, stopping jgb yields from highing higher this had an effect stateside and some rejigging of yields in europe. When it comes to some bigger movers out there, also just looking at some of the stock specifics, investec has been trading higher after reporting a solid set of first half earnings, similar for zurich. Ahold trading lower after weakness in
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