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The u. K. Chancellors at the detailed plans to cut 12 billion pounds off of welfare spending as he delivers the first fully conservative budget in nearly 20 years. Caroline i am caroline hyde. Ryan i am ryan chilcote. It is 1 00 p. M. In hong kong. Caroline chinas benchmark index has seen its biggest intraday fall in years, plunging 1. 8 . Thats amid a continuing route, leaving only 43 of the entire stock market frozen. This is a day after hong kong and chinese shares entered a bear market. Ryan shares on the shanghai composite have plunged by ron 30 this year since the peak about a month ago. David english is in hong kong where the hang seng index has also plummeted. David . David a very good morning to you guys. It was a very eventful morning session, and right now its 1 00 p. M. In hong kong, and we are just getting underway. Just to recap what has happened. About our before the Chinese Market opened, you had this flurry of hea ....
Shadow brexit secretary, the portuguese finance minister, and a Brexit Committee member. The Vice President of the European Commission also joins us a little later on. The four we get the brussels, lets get straight to the bloomberg first word news. Heres nejra cehic. Nejra President Trump will be briefed later on various ways to implement comprehensive tax code changes. He will be presented with possible changes i officials including gary cohn. That is according to people familiar with the meeting. French president ial candidate Francois Fillons wife penelope has been charged in the fake jobs probe according to reports by french Media Outlets cit ....
Today including alibabas big debut. Shares begin trading on the New York Stock Exchange today. Is that investment worth the risk . That is the big story, not our biggest story because our biggest story is what is happening in scotland. This morning, Prime MinisterDavid Cameron is promising sweeping changes on how the uks government the u. K. Is governed after scotland voted to stay as part of the United Kingdom. Cameron says he will deliver on devolutions. The u. K. Must be able to vote on issues that affect them. I have long believed that a crucial part missing from this discussion is england. We have heard the voice of scotland and now the voices of england must also be heard. We are covering all the angles on this vote. Anna edwards is in edinburgh. Jona ....