At least £22. 5 billion has already been spent building the london to birmingham section, while over £2 billion has gone towards the second phase on things such as buying up land and property. Labour manchester mayor andy burnham said ditching the manchester link would be a permanent statement to people in the north that they were second class citizens when it came to transport. Lets discuss the pros and cons. Joining me now is Alexandra Hall chen, whos the principal Policy Advisor for sustainability, skills, and employment at the institute of directors. Good morning to you. This has been such a contentious story. Ever since the leaks came out weeks ago about the future for hsz. What weeks ago about the future for hs2. What do you make of this decision on the part of the government . Decision on the part of the government . The key here is about stability government . The key here is about stability and about stability and Policy Making. Any instability in the business environment, i
Markets. The shanghai comp reverses early losses and closes higher. This as the imf is adding the chinese currency to its volatile basket. Japans pension plan having a huge loss. Good morning, everyone. Lets get straight back to our top story. World leaders have been arriving at the venue of the comp 21 Climate Summit. French president hollande is welcoming 150 policy makers. President obama, xiin pi have arrived already. Chinese president said its very important for the u. S. And china to follow the principle of nonconfrontation. He said the World Economy is recovering slowly. Now on to president obamas comments. As he walked in he says hes looking forward to working on the tensions, the tensions that hes talking about are the following. He notes differences with china on cyber security, maritime issues and he says that u. S. And china leadership on Climate Change is vital. Lets get out to Steve Sedgwick in paris. Steve, any comments . Reporter yeah, i think its very interesting that
Of course, whether we start with . Politics. Republican hopeful jeb bush shaking things up in the campaign trail. The former Florida Governor canceling his Television Advertising in iowa in the said defendant used the money to double his staff on the ground in iowa just over a month ahead of the first in the nation caucus. Join us as washtington examiner sora westwood. How dyer is the campaign for jeb bush . We could look at his low poll numbers, but he keeps pushing on. I guess the question is why. Reporter jeb bush hopes to compete in New Hampshire above all. That is why we see him doubling down on his staff. Interestingly why you didnt see him in New Hampshire even though he did cancel a bit once in iowa and south carolina. He left New Hampshire attack, kind of like at the boat is sinking, would you throw overboard in what you keep to keep the boat afloat. The last claim to any kind of it are a jeb bush had was his fundraising pirates. If he emerges from the last quarter with the lo
Mario draghi said the bank may increase his stimulus. He says theyre still a risk of deflation in the euro area. That sent italian and spanish bond yields falling. Now at a record low. One of the most eloquent speakers of his time, at democrat made the case for the parties liberal wing. Former new york governor mario cuomo died yesterday, he was 82. He served as three terms as governor. His speech propelled him into the national spotlight. He was considered elected president ial candidate in 1988 and again in 1992. Each time, he refused to run. He bowed out as a plane was waiting to take them to New Hampshire into the primary in 1992. He died of Heart Failure just hours after his son andrew was warning for a second time as governor. Search teams still having our time fighting wreckage from the airasia jet. They will use sonar and ping or locators as a look for the flight recorders. So far, 16 bodies have been recovered. There are 10 foot waves and winds up to 40 knots and the search ar