We begin with the news that a uk india Free Trade Agreement is one step closer thats the promise from Downing Street as the Prime Minister announces new trade and investment deals with india worth £1 billion. Trade between the uk and india is already worth around 23 billion pounds a year and supports more than half a millionjobs, according to the government. But these latest new deals will bring in a further 533 million of new investment from india into the uk, which is expected to create about 6,000 newjobs. Lets go live to mumbai now for the details from our India Business correspondent nikhil inamdar. What more can you tell us . The focus of the what more can you tell us . Tie focus of the headlines, here at least, are very much under £214 Million Investment into the uk. This is of course the worlds last worlds biggest manufacturer of vaccines. They are really the centrepiece of this 1 billion trade deal that has been announced. As we move closer to that Virtual Summit which will
are shaping up. and harnessing the power of sd printing in health care. we meet the firm that s revolutionising the way artificial limbs are made making them cheaper and easier for those who need them most. and as you are hearing. like it or loath it facebook is bigger more profitable and more controversial than ever. what do you think about that? has it got too much influence? just use the #bbcbizlive. hello and welcome to business live. we start with facebook because despite the ongoing controversy over everything from fake news to extremist and violent content the social networkjust keeps getting bigger and more profitable. facebook has been warning for some time it can t keep growing at this rate but the latest results show no sign of a slowdown. facebook made profits ofjust over $3 billion in the first three months of this year. that s a jump of more than 76% on the same period last year and more than investors were expecting. and it is creeping ever clos
disappointing. what will it look like this week? all week long we will have this low pressure over us. there is a fair bit of rain with it. there is a fair bit of rain with it. there will be some sunshine from time to time. but today hardly any sunshine across the uk. just over cast, right across the board and for some of us it will be a grotty day. this what is it looks like now. we have had some thunder storms in the south east. and more of them to come. there could be some thunder storms in northern ireland as well. let s start the afternoon with the south east. look at that 18 degrees, rain and the rain will get heavier and heavier through the day. the south west, wales and the midlands, the rain is more patchy and in the the north we have had the heavier rain last night. but in northern ireland after the soggy morning, here showers will be breaking out during the afternoon. so there could be some down pours in places. and look at that eastern coast of scotland from inv
in ukraine. government ministries, power companies and banks are experiencing major problems. also in the next hour, an amber warning on the state of the uk economy. the bank of england says it s worried about a sharp rise in consumer borrowing through credit cards, personal loans and car finance deals. the world s first atm turns 50, but is cash still king? good afternoon and welcome to bbc news. the scottish government has put plans for a second independence referendum on hold. in the past our, scotland s first minister, nicola sturgeon, has said that she wants to reset her plans on a second vote and ask the scottish electorate instead in the autumn of next year or the spring of 2019, once the brexit negotiations are over. ms sturgeon has also told msps that she would now redouble her efforts to keep the country in the european single market. our scotland correspondent, lorna gordon, is in holyrood with the latest. the latest is there s no change. yes, simon, delayed, the