Skip to main content

tv   Business Today  BBC News  July 15, 2024 5:30am-6:01am BST

5:30 am
and it's heartbreak for england as their euro hopes are dashed. we'll hear from an advertising boss about the positives of reaching a major championship final welcome to business today. i'm tadhg enright. north we start in the united states where it's been a dramatic weekend in the race for presidency. today is the start of republican national convention in milwaukee where electors will formally select their nominee to be the next president of the united states. it's no big surprise — president trump will be officially crowned and his running mate announced. the significance of the event has been underlined by the attempt to assassinate him on saturday. today we get the first opportunity to reflect on how the markets have reacted to the latest events. let's explore that now with jane foley, head of fx strategy at rabobank.
5:31 am
thanks forjoining us today, jane. where do you see the impact of saturday's dramatic events now that a new week of trading has begun?— events now that a new week of trading has begun? well, good morninu. trading has begun? well, good morning. certainly, _ trading has begun? well, good morning. certainly, overnight,| morning. certainly, overnight, the markets are focusing on a greater likelihood that donald trump will win the election in november. now, of course, we haven't had opinion pollsjust yet, but we have had betting odds, and the betting odds are looking at a greater victory. and to some degree, they're looking back at the attempted assassination at ronald reagan assassination at ronald reagan a few decades ago, and they certainly gave him a boost in the polls. and the markets assuming that that will happen with trump, too. and then we look through — what does that mean in terms of policies? and what we saw last time around for donald trump was more, or perhaps lucifiscal position and a greater chance of significant tariffs. now, that is inflationary. that suggests
5:32 am
that there could be less interest rate cuts from the federal reserve during the coming cycle. and that is all a positive. so we've got a stronger dollar overnight, and stock markets are also pushing a bit higher. the futures markets, i should say, pointing to a higher open for stocks later on today. and that on the back of the possibility of more tax cuts. ,, ., g ., tax cuts. sure, and jane - miaht tax cuts. sure, and jane - might it — tax cuts. sure, and jane - might it have _ tax cuts. sure, and jane - might it have been - tax cuts. sure, and jane - might it have been a - tax cuts. sure, and jane - - might it have been a different market story if this had happened on a tuesday, a wednesday or a thursday rather than a saturday when many markets — most markets were closed? markets - most markets were closed? ~ ~ , closed? well, quite likely, because — closed? well, quite likely, because we _ closed? well, quite likely, because we would - closed? well, quite likely, because we would have i closed? well, quite likely, l because we would have had closed? well, quite likely, - because we would have had more panic, more of a kneejerk reaction. now, iwould imagine that the kneejerk reaction. now, iwould imagine that the knee jerk reaction would have been in the same direction, but perhaps a little bit less measured because the moves that we have seen in the overnight asia session have been relatively muted. we have to bear in mind thatjapan was also having a poll day. so very
5:33 am
thinned market conditions. so i would have expected, had it happened during market hours, there would have been a greater knee jerk reaction. there would have been a greater kneejerk reaction. qm. there would have been a greater knee jerk reaction.— knee 'erk reaction. 0k, thank ou knee jerk reaction. 0k, thank you very _ knee jerk reaction. 0k, thank you very much _ knee jerk reaction. 0k, thank you very much for _ knee jerk reaction. 0k, thank you very much for that. - now with his candidacy essentially assured, what would economic and trade policy look like under the former president if he wins back the white house? donald trump has blamed his successor�*s big spending for inflation and vowed a return to lower taxes and fewer regulations. he also says he will look to replace federal reserve chairmanjerome powell, a man he appointed but now accuses of being too political. trump is also proposing a universal 10% per cent tariff on all us imports, and a 60% tariff on imports from china. let's explore all that now with kyle handley, associate professor of economics at the school of global policy & strategy, university of california. thanks very much forjoining us
5:34 am
today, kyle. let's talk about inflation, first of all, shall we, or indeed what that says about donald trump's overall attitude towards economics. it's debatable how much control any political leader actually has over inflation. trump is not alone in trying to turn it into a political football, though. what do you think this says about how much he understands economics? i can't seak understands economics? i can't speak directly _ understands economics? i can't speak directly to _ understands economics? i can't speak directly to how _ understands economics? i can't speak directly to how much - understands economics? i can't speak directly to how much he l speak directly to how much he understands economics, but i think he sees that there is some quick hits out there that he could make for the economy if he were to be elected again, to possibly pressure the federal reserve into lowering interest rates, possibly removing jerome powell and putting someone in that position. they were given the short—term rates and those would at least fulfil some of his campaign promises. in the
5:35 am
medium to long—term, they could just make the inflation worse, as could government spending and additional tax cuts that aren't funded by spending cuts elsewhere. aren't funded by spending cuts elsewhere-— aren't funded by spending cuts elsewhere. and as could tariffs as well. they're _ elsewhere. and as could tariffs as well. they're politically - as well. they're politically popular to his base, seeking to re—invigorate, as the idea puts it, domestic us manufacturing. of course, there are also potentially inflationary, and let's not forget that it is inflation which is causing many americans not to feel great about the economy right now, even though on paper, according to gdp figures, it's been surprisingly resilient? yeah, absolutely- _ surprisingly resilient? yeah, absolutely. and _ surprisingly resilient? yeah, absolutely. and i _ surprisingly resilient? yeah, absolutely. and i think - surprisingly resilient? yeah, absolutely. and i think if- absolutely. and i think if there's a 10% absolutely. and i think if there's a10% across—the—board tariff on everything the us is importing, an additional 60% tariffs on china, people will see that in prices. the original trump tariffs from 2018 and 2019 were targeted heavily toward the inputs that firms use to make other things.
5:36 am
we saw that in the producer price index, but it didn't show up price index, but it didn't show up so much directly in consumer prices. what he's proposing now, i think definitely will... people will see that when they go to walmart.— go to walmart. worth stress, thou . h, go to walmart. worth stress, though. that _ go to walmart. worth stress, though, that president - go to walmart. worth stress, though, that president biden| though, that president biden was criticised in some quarters for simply continuing with many trump economic policies. and i wonder if there are any areas in which it appears trump might do likewise — that perhaps on economics, there's not much to separate them? i economics, there's not much to separate them?— separate them? i think you're correct, that _ separate them? i think you're correct, that biden _ separate them? i think you're correct, that biden has - correct, that biden has essentially been running in place, in terms of trump's trade policy. he's recently announced these new tariffs on china that will eventually take place, we think later this year. on trade, i think trump has made such a big deal about escalating the trade war with china, and also this across—the—board tariff, that across—the—boa rd tariff, that we across—the—board tariff, that we may see it soften. but i think it will come through and
5:37 am
i think that we know from the first trump administration that in areas where donald trump has executive authority and he can bypass congress — and he can in this case — he'll do what he can to follow through on those campaign promises. find can to follow through on those campaign promises.— campaign promises. and one other key _ campaign promises. and one other key difference - campaign promises. and onej other key difference between them is attitudes towards the environment and fossil fuels. donald trump has talked about "drill baby drill". that's what he says he'll do to unleash energy production. but on a broader picture, at a time when fossilfuels — there's broader picture, at a time when fossil fuels — there's a global push to wean ourselves off them. does one president and his policies make a difference in that global battle, do you think? ., ,., in that global battle, do you think? ., . ., think? not so much. in large art think? not so much. in large part because _ think? not so much. in large part because oil _ think? not so much. in large part because oil and - think? not so much. in large part because oil and a - think? not so much. in large part because oil and a lot - think? not so much. in large part because oil and a lot of| part because oil and a lot of the energy products are traded on global markets. one president can't commandeer industry and make them drill so. they'll so if it is economically profitable to make that changes. but the united states is already a net energy
5:38 am
exporter and has been since 2019. i don't see that changing very much. and he may find that there's not very many international markets to sell that oil to given the push towards electric vehicles in many countries throughout the world. ., ~ , ., many countries throughout the world. . ~' , ., , many countries throughout the world. ., ~ ,, , . world. 0k, thank you very much forjoining _ world. 0k, thank you very much forjoining us- — world. 0k, thank you very much forjoining us. thank _ world. 0k, thank you very much forjoining us. thank you - world. 0k, thank you very much forjoining us. thank you for - forjoining us. thank you for havin: forjoining us. thank you for having me _ forjoining us. thank you for having me on. _ having me on. well, from one economic heavyweight to another: china's growth eased to 0.7% in the second quarter as its real estate problems continue to weigh heavy on the economy. injune, house prices were 4.5% off their level a year earlier. pressure is mounting on president xijinping to consider an alternative fiscal system, one which relies less on land sales. china's president has broken tradition and skipped the monthly press conference following the release of gdp data in order to instead prepare for a twice—a—decade policy meeting in beijing. live now to li xing gan,
5:39 am
financial market strategist, at exness. thank you forjoining us. how significant is this data, do you think?— significant is this data, do ou think? ., ~ ., ., you think? thank you for having me. so you think? thank you for having me- so this _ you think? thank you for having me. so this data _ you think? thank you for having me. so this data continues - you think? thank you for having me. so this data continues to i me. so this data continues to highlight the ongoing property crisis that continues to weigh on china's economic outlook. as we see the real estate sector is the main driver of the chinese economy, accounting for about a quarter of its gdp. so in terms of the sector, we see that most of it — it's driven mainly by exports. so it's still export growth. if we take a look at domestic consumption, it remains weak in china. retail sales continue to lag. so we could still see what's clouded mainly by the ongoing property crisis clouding china's outlook.- property crisis clouding china's outlook. we've been heafini china's outlook. we've been hearing about _ china's outlook. we've been hearing about pressure - china's outlook. we've been hearing about pressure for l hearing about pressure for stimulus from the government. the government... put into context — what has the government done already in terms of stimulus? and what do
5:40 am
observers, do analysises say is needed? , , ., needed? yes, so in terms of the stimulus measures, _ needed? yes, so in terms of the stimulus measures, the - stimulus measures, the government brought out some measures to show up the port market. so examples include removing the minimum mortgage weight and setting up relending facilities for the local governments to acquire homes and get affordable housing. so this could provide some relief, as we saw. but you can see that this is not sufficient to reverse the decline in home prices, and more importantly, these diverse packages that were introduced did not actually have much of an impact in terms of consumer sentiment. so this will also be a challenge that continues to weigh on the economy. so while weigh on the economy. so while we could see recovery, it's probably going to be more gradual. probably going to be more iradual. ., , gradual. forgive me, president xi is skipping — gradual. forgive me, president xi is skipping or— gradual. forgive me, president xi is skipping or has _ gradual. forgive me, president xi is skipping or has skipped i xi is skipping or has skipped the regular gdp press conference to prepare for the upcoming meeting. it's a twice
5:41 am
in a decade event. could something much bigger attached to the economy come out of that meeting? 50 to the economy come out of that meetin. ? to the economy come out of that meetin: ? ., ., meeting? so part of the what we could see is _ meeting? so part of the what we could see is that _ meeting? so part of the what we could see is that it _ meeting? so part of the what we could see is that it is _ could see is that it is probably more general in terms of where the ruling party would set a direction, as well as the economic strategies moving forward. we could see plans for economic growth, maybe strategies to drive self reliance in science and technology, given that this is in line with china's goal of becoming a science superpower by 2035. measures were in place, but they did not do much for the housing market, so i don't think that we will see any big stimulus coming forward. we could also see it addressing the asian populations and maybe military reforms. ., ~ , ., , reforms. 0k, thank you very much for _ reforms. 0k, thank you very much forjoining _ reforms. 0k, thank you very much forjoining us - reforms. 0k, thank you very much forjoining us today . reforms. 0k, thank you very l much forjoining us today from kuala lumpur. let's get some of the day's other news now. in tech news — alphabet is reportedly close to a deal to buy wiz,
5:42 am
a cybersecurity start—up. according to the wall streetjournal, a deal would be worth $23 billion. wiz offers cybersecurity for cloud computing, and if the deal goes through, would mark alphabet�*s biggest ever acquisition. the uk's new prime minister, keir starmer, is set to introduce a brand—new artificial intelligence bill this week. the long—awaited legislation is part of his party's promise to create binding rules to govern development of the most advanced machine—learning models, like openai�*s chatg pt. it is one of 35 bills set to be included in the king's speech on wednesday. next to an environmental initiative in copenhagen which could save tourists some money. from today, visitors to the danish capital can claim free lunches, coffees and museum visits, but only if they take part in environmentally friendly tasks. wonderful copenhagen, the official tourism organisation of the capital region of denmark,
5:43 am
is behind the copenpay scheme. live now to rikke holm petersen who leads the marketing operation for wonderful copenhagen. is thank you very much for joining us today. so if i was to head on a plane today to head to copenhagen later today. what do i need to do to get a free lunch?— what do i need to do to get a free lunch? ~ , ., , ., ., free lunch? when you 'ust go to a web page. i free lunch? when you 'ust go to a web page. you _ free lunch? when you 'ust go to a web page. you go _ free lunch? when you just go to a web page. you go to - free lunch? when you just go to | a web page. you go to copenpay and see the offering that is we have there. but if you wanted a free lunch in particular, you would go to urban farm — it's the biggest one in northern europe and you would work there and there you would get a free vegetarian meal. 50 and there you would get a free vegetarian meal.— vegetarian meal. so 'ust to reca - vegetarian meal. so 'ust to recap - i i vegetarian meal. so 'ust to recap - i need h vegetarian meal. so 'ust to recap - i need to _ vegetarian meal. so 'ust to recap - i need to do _ vegetarian meal. sojust to recap - i need to do what l vegetarian meal. so just to - recap - i need to do what task? recap — i need to do what task? for the urban farm, that's where you work in their garden. but there are different tasks that you could do. so you could either bike or you could walk to some of the attractions or take public transportation. or you could collect waste as
5:44 am
well. so there are different things that you can do and then that releases a reward. fantastic stuff. do you think that this is going to prove popular? do you think that people on a short or even a long weekend in copenhagen are going to start picking up litter to get a free entry into a museum? i litter to get a free entry into a museum?— litter to get a free entry into a museum? ., �* a museum? i mean, we've never done it before- — a museum? i mean, we've never done it before. this _ a museum? i mean, we've never done it before. this is _ a museum? i mean, we've never done it before. this is a - done it before. this is a private project, so we don't know. but we hope that people will love it, and i would say actually from the headlines that we've gotten worldwide, i hope that it will be successful, and i hope that people willjoin. and also the tourists we've been talking to — they seem to like it. because it's a different thing. it's something different that they've never seen or heard about in other places. so do ou about in other places. so do you think — about in other places. so do you think that _ about in other places. so do you think that this _ about in other places. so do you think that this is - about in other places. so do you think that this is going l about in other places. so do | you think that this is going to mostly appeal to younger people on a budget? orwho mostly appeal to younger people on a budget? or who might also be more ecologically minded? no, actually. ithink be more ecologically minded? no, actually. i think that it would actually address to all kinds of people, because also the offerings are very different. of course, there's some things that are more
5:45 am
attractive for younger people, but also going to a museum, that would also maybe be for older people. so i would say that it addresses to all i would say. that it addresses to all i would say-— that it addresses to all i would sa . , ., ., ~ would say. ok, very good. well, we wish you _ would say. ok, very good. well, we wish you the _ would say. ok, very good. well, we wish you the best _ would say. ok, very good. well, we wish you the best of - would say. ok, very good. well, we wish you the best of luck- we wish you the best of luck with it. we look forward to hearing about how it goes. thank you forjoining us from wonderful copenhagen. thank ou. around the world and across the uk, this is bbc news.
5:46 am
returning to the world of sport now: it was a heart breaking moment for england fans. now, it was a heartbreaking moment for england fans as the men's team lost their second uefa european championship in a row, with spain picking up the trophy for the fourth time. many pubs and bars were open late last night, and the night time industries association has said the extra support from footie fans to the night—life sector has generated nearly a billion pounds additional revenue for local pubs and venues.
5:47 am
what about the impact of sporting success, even to reach a final, on big british or spanish brands? live now to the uk ceo of the global advertising agency ogilvy, fiona gordon. let's get one thing out of the way. you're scottish — i'm irish. because of impartiality rules, i can't reveal who i was cheering for. but i don't think that you're bound by the same things. so what's your take on the game last night?— things. so what's your take on the game last night? well, yes, i am an authentic _ the game last night? well, yes, i am an authentic scot, - the game last night? well, yes, i am an authentic scot, but - the game last night? well, yes, i am an authentic scot, but i - i am an authentic scot, but i was very much cheering for england last night. but i think that the game last night is probably going to give spain now its new cool espana moment. a sense of national pride a very young team building on the women's success last year, and it will probably will increase the soft power of spain in the economy and around the world. but we have to remember, getting to the final itself is a huge achievement. it's
5:48 am
brought about as you said, the huge economic boost, but also that moment of unity and celebration. so i think it's been incredible for england what we've seen over the last few weeks. but it's notjust the trophies that matter. it's kind of also the conversations that get sparked from the competition itself. but that get sparked from the competition itself.- that get sparked from the competition itself. but is it mainly a — competition itself. but is it mainly a domestic - competition itself. but is it - mainly a domestic phenomena such as spain feeling very good about itself today, in a way that england would have, had it actually won last night? or do you find that the ripple effect actually goes across borders as well? ., . , actually goes across borders as well? ., ., , ., , well? totally. it really will be a consumer— well? totally. it really will be a consumer confidence| well? totally. it really will- be a consumer confidence boost for both spain and england, actually. and what we see is that in any big sporting event, it boosts everyone's economy. and actually, with the new government in uk as well, we do always see consumer confidence rise after these sorts of events. and i think as you're looking at what's going to happen for the summer with this incredible summer of sport that we have coming up with the olympics and the paralympics,
5:49 am
we call it like the collective economy. so what happens is that when people start to participate in these global sporting events, it actually breaks down any boundaries between people and they come together. and actually, the economy rises and consumer confidence rises. and for businesses, that's amazing. but also for brands you can participate authentically in that. it's incredible as well. there's so many negative words going around right now about those who didn't win last night. defeat and loss? but it's worth stressing — england didn't lose. they came in second place in this tournament. but for those players who were perhaps hoping that there might be a bit of a cash—in as well after the event, will they... will they still be able to? or are those hopes gone as well?- still be able to? or are those hopes gone as well? yeah, they could wake _ hopes gone as well? yeah, they could wake up — hopes gone as well? yeah, they could wake up feeling _ hopes gone as well? yeah, they could wake up feeling rest - could wake up feeling rest assured this morning, particularly for the goal scorers so watkins, palmer etc. they have become new mega heroes and will become huge brands in themselves. and they will have lots of people calling them i'm sure over the
5:50 am
next few weeks, because they're in the national consciousness now. and many of our biggest instagram stars are footballers. but i think it's also important as well that there has been a kind of evolved sense of leadership coming through. you know, football is the ultimate leveller, and we can all learn with how the players have conducted themselves. they're using their platforms for good, for community support and that's a really big legacy to take forward as well. can you ut a take forward as well. can you put a price. _ take forward as well. can you put a price, though, - take forward as well. can you put a price, though, on - take forward as well. can you put a price, though, on loss? perhaps a percentage that premium that goes with winning over losing in terms of the value of the brand deals that you might be able to get after a tournament like this?- you might be able to get after a tournament like this? well, i think that _ a tournament like this? well, i think that in — a tournament like this? well, i think that in time, _ a tournament like this? well, i think that in time, you - a tournament like this? well, i think that in time, you see - a tournament like this? well, i think that in time, you see a i think that in time, you see a lot of brands actually continue to support players through thick and thin. and actually, fans love that brands — over 60% of global fans who love football, appreciate brands who stick with players throughout all sporting events. and actually, if a brand can authentically show up in all of the different moments, it actually increases engagement with the audience. so i would
5:51 am
say to the brands — stick with it, because it is actually the legacy of how you perform, not just during the championship, but how you conduct yourself afterwards that stays with the fans. ., ., afterwards that stays with the fans. ., ~ , ., afterwards that stays with the fans. . ~' , ., , afterwards that stays with the fans. ., ~ , ., , . fans. 0k, thank you very much forjoining _ fans. 0k, thank you very much forjoining us— fans. 0k, thank you very much forjoining us today. _ fans. 0k, thank you very much forjoining us today. thank - forjoining us today. thank ou. the olympics returns to paris for the third time later this month. mountain biking has been an olympic sport since the 1996. but the sport has yet to appear at the paralympics. ben derico has been to meet the bikers who are using technology to build adaptive bikes to make that possible. this is competitive mountain bike racing — a sport where riders hurl themselves off massive trunks, go through narrow tree lined trails and fly downhill at eye watering speeds. 50 fly downhill at eye watering seeds. ,, ., fly downhill at eye watering steeds. , ., fly downhill at eye watering seeds. , speeds. so i started competing when i speeds. so i started competing when i was. — speeds. so i started competing when i was, like, _ speeds. so i started competing when i was, like, 12 _ speeds. so i started competing when i was, like, 12 or- speeds. so i started competing
5:52 am
when i was, like, 12 or“- when i was, like, 12 or 11 years old. i used to ride downhill.— years old. i used to ride downhill. this is gustavo ortiz, competitive - downhill. this is gustavo . ortiz, competitive mountain biker and the two—time mountain biker and the two—time mountain bike champion of his native, chile. i bike champion of his native, chile. ., , bike champion of his native, chile. .. . ~ .., chile. i was pan-american champion _ chile. i was pan-american champion and _ chile. i was pan-american champion and national- chile. i was pan-american - champion and national champion multiple times and finished 20th in the world cup. it was my best result. but 20th in the world cup. it was my best result.— my best result. but while trainin: my best result. but while training in _ my best result. but while training in 2017, - my best result. but while training in 2017, he - my best result. but while training in 2017, he had l my best result. but while training in 2017, he had aj training in 2017, he had a tragic accident. i training in 2017, he had a tragic accident.— training in 2017, he had a tragic accident. i crashed and i tragic accident. i crashed and i finished _ tragic accident. i crashed and i finished paralysed - tragic accident. i crashed and i finished paralysed from - tragic accident. i crashed and i finished paralysed from my| ifinished paralysed from my chest down. did i finished paralysed from my chest down.— i finished paralysed from my chest down. did you think that ou chest down. did you think that you would _ chest down. did you think that you would be _ chest down. did you think that you would be able _ chest down. did you think that you would be able to - chest down. did you think that you would be able to cycle - you would be able to cycle again? you would be able to cycle atain? ., .., you would be able to cycle atain? ., .. ., you would be able to cycle atain? ., ., , again? no, it never came to my mind. (speaks spanish) although mountain biking will be an official sport at this year's olympic games, it's not yet been made an official sport in the paralympic games. that's partially because the bikes needed to race simply haven't existed. many traditional hand cycles are built to ride on the boat. occasionally, they place riders kneeling forward. this position puts their centre of gravity higher — something that would make sharp turns
5:53 am
difficult on loose dirt mountain bike trail. but a canadian company think that they've developed a solution. i broke my back in 1996 snowboarding. and prior to that, i loved mountain biking. i loved snowboarding and climbing. iwas i loved snowboarding and climbing. i was like a kid who loved the outdoors in canada. and very early on in my injury, i recognised that i was going to be 100% reliant on technology.— to be 100% reliant on technolo. . ., , to be 100% reliant on technolo: . ., , _ technology. so, a machinist by trade, christian _ technology. so, a machinist by trade, christian began - technology. so, a machinist by trade, christian began building experimental adaptive mountain bikes at home. the experimental adaptive mountain bikes at home.— experimental adaptive mountain bikes at home. the problem was alwa s bikes at home. the problem was always that _ bikes at home. the problem was always that i _ bikes at home. the problem was always that i would _ bikes at home. the problem was always that i would tip. - bikes at home. the problem was always that i would tip. i - always that i would tip. i would tip over. or, like, i would tip over. or, like, i would go fast down a hill and corner and tip to the outside of the corner. for corner and tip to the outside of the corner.— of the corner. for years and ears, of the corner. for years and years. he — of the corner. for years and years, he tinkered - of the corner. for years and years, he tinkered with - years, he tinkered with different designs. but nothing worked. so he focused his energy instead on a custom cross—country ski chair that could shift and pivot over undullating snow. it was while skiing that a light bulb when
5:54 am
off. if you just flip the ski set—up over, he would have a system that would allow the wheels to articulate and absorb shocks inindependently. while it has helped with the race, gustavo say that is the technology has helped him get back and enjoy riding his bike again. i back and en'oy riding his bike atain. ., back and en'oy riding his bike atain. ~ ., again. i feel like i am discovering _ again. i feel like i am discovering like - again. i feel like i am i discovering like another again. i feel like i am - discovering like another kind of riding, because i was so used to just racing. like racing, racing, racing and preparing for racing. that now i am just enjoying the process of riding. i'm going for long rides. yeah, learning how to enjoy being in those places. while we're certain a bowhead won't be at the paralympics in paris, they mightjust be kicking up a cloud of dust in los angeles in 2018. that's the business for today. i'll be back with the top stories later i'll be back with the top stories late- i'll be back with the top stories later breakfast is
5:55 am
next. stories later breakfast is next- i'm _ stories later breakfast is next. i'm tadhg - stories later breakfast is next. i'm tadhg enright. j stories later breakfast is - next. i'm tadhg enright. stay with us here on bbc news. hello. we are very nearly halfway throuthuly, and the month so far has been decidedly cool — and for some of us, very wet indeed. there is some heavy rain in the forecast for the week ahead, but it is likely to turn drier and warmer, at least for a time. in the short term, though, it is this area of low pressure that is swirling its way in from the southwest, and this frontal system, which is going to generate some very heavy rain across the south of the uk during monday. further north, many places getting off to a fine start with some sunshine, but let's zoom in — some heavy thundery downpours for the channel islands, turning very wet across southern england, southwest england and also wales likely to see some particularly heavy rain through the day,
5:56 am
which could give rise to some localised flooding and some transport disruption. that cloud spilling its way northwards, all the while across the midlands, north wales, eventually into northern england. northern ireland not doing too badly — some sunny spells but increasing amounts of cloud. sunny spells and just one or two showers across scotland, although it could stay quite grey and quite murky up towards the far north — 11t degrees there for lerwick. but come further south, a fairly warm feel, particularly for these north sea coast where it has been so cool over recent days. temperatures getting up into the low 20s. now, that wet weather continuing to spill its way northwards, across parts of england and wales, as we go through monday night into the first part of tuesday morning, something a little bit drier and clearer out towards the west. and that rain will linger for parts of northern england down into the midlands, east anglia as we go through the day on tuesday. further west, though, we will see some spells of sunshine, albeit with some scattered heavy showers. and temperatures on tuesday, well, it's not going to feel too bad if you get yourself into some sunshine. typically high teens, low 20s celsius, but perhaps a little
5:57 am
bit cooler than that where the rain lingers for any length of time. now, as we move into the middle part of the week, this area of high pressure will tend to build. and that means actually on wednesday, a lot of fine weather around. some spells of sunshine, just one or two showers here and there. the frontal system is likely to bring rain into northern ireland later in the day, but ahead of that it is going to be pretty warm. in fact, temperatures down towards the southeast corner could well get to m or 25 degrees. now, that drier and warmer weather will hold on for some of us as we head through the end of the week. but generally the further north and west you are across the uk turning unsettled again, turning cooler as well.
5:58 am
5:59 am
good morning, welcome to breakfast. our headlines today... after the failed assassination attempt on donald trump, us presidentjoe biden has told americans in a live tv address that violence is never the answer. but in america, we resolve our differences at the battle box. you know, that's how we do it — at the battle box, not with bullets. the gunman who shot donald trump was killed by the secret service, and has been named as 20—year—old
6:00 am
thomas crooks. good morning from berlin, where it was heartbreak for england last night. for england, the interminable wait goes on. they were beaten 2—1 in the final of the european championship by spain. so what now for england manager gareth southgate after two now is not the time for me to speak about that. i need to talk to the right people and give myself a bit of time. the weather may lift the mood for some today, some brighter weather around after a bit of a misty star across the north. southern areas get ready, and heavy and at times thundery rain about a push in. i will have all the details on breakfast. it's monday 15th july. our main story. presidentjoe biden and donald trump have called on americans to unite,

28 Views

info Stream Only

Uploaded by TV Archive on