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tv   BBC News  BBC News  February 2, 2017 1:30pm-2:01pm GMT

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alex capstick, bbc news. time for a look at the weather. our satellite pictures are really good. it looks very busy. i know some of you like to see those. others prefer our pressure patterns. however you look at it, yes, it is busy. a big area of low pressure driving the weather. a lot isobars packed in, especially across the western side of the british isles. this is what it looks like at penzance, cornwall. not alone, i say, this weather watcher. a lot of wind. some of the gusts in the black areas here, 50, 60 mph, around the coasts, overexposed ground. it's been quite wet here either side of the north channel. any weather elsewhere, well, there are spirals of cloud throwing bands of rain at times, but not much rain. some of
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you could have a dry and relatively mild afternoon. not a great deal changes through the evening and overnight. further pulses of rain spider ring around that area of low pressure. if your skies stay clear for any length of time, your temperatures may dip below the values i am showing here in towns and cities. friday gets off to a decent start in northern scotland, fairly windy and a decent morning. we are going to spin up this area of low pressure in the western channel, throwing wet and windy weather ever north and east during the day, but many people will get away with a decent day. despite all of the chat we had about storms, where has that all gone? it hasn't exactly gone away, because later in the day, the western channel, south—west england, southern wales, through the southern area and eventually into the south—east, that strength of the war in the national strength of wind is
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distinctly possible, and it is gradually pushing north. for the start of the weekend, think that area of low pressure moves up to give one of those days for parts of scotla nd give one of those days for parts of scotland and northern ireland. elsewhere, decent, although we may have some rain in southern and eastern counties during the day. a grim, a lot of the area looking settled. that low pressure might come close to eastern scotland and, if it does, that will be wet and windy. that makes room for another little disturbance into the southern channel area. we see here, a bit of rain, but again many of you, a lot dry weather. quite a lot going on. if you want it at your place, it is therefore you with all the details of storms and warnings on the website. our main story. another the government formally outlines its strategy for leaving the eu. brexit secretary david davis said the uk's best days were to come. and a
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controversial human rights lawyer has been struck off for acting dishonestly and bringing abuse claims against british soldiers in iraq. that's all from us. the former chelsea and england midfielder frank lampard has announced his retirement from football. as a player, he won three premier league titles and four fa cups, including one champions league triumph with chelsea in 2012. and remains their all—time record goalscorer for the club where he spent 13 years as a player, before moving tojoin manchester city and then mls side new york city. his career spanned 21 years and he was capped over 100 times for his country. manchester city remain a considerable way off the league leaders chelsea despite a comfortable 4—0 win over west ham, in what was mixed night for the manchester clubs in the premier league. kevin du bruyne and new signing gabrieljesus with his
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first goal for the club. they remain ten points off the top however and outside of the all—importa nt champions league places. we scored the second time. we were able to score. that didn't happen, it didn't happen. between the box we we re it didn't happen. between the box we were clever. jose mourinho complaining afterwards that referees apply different rules to him than other managers. he said whilstjurgen klopp was complimented for his passion on the sidelines, mourinho was told he'd be sent to the stands if he showed similar levels of emotion. and that irritation prompted him to walk out of his post—match interview. what's your impression of tonight‘ performance? what‘s your impression of tonight‘ performance? we didn't score. don't score, not possible to win. their goalkeeper was in marvellous form when you did get through?m goalkeeper was in marvellous form when you did get through? it was good. what did you feel the referee
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should have pulled them up on? good. what did you feel the referee should have pulled them up 0mm you don‘t know football, you shouldn‘t be with the microphone in your hand. england head coach eddiejones has named his team to face france in their opening match of rugby union‘s six nations championship. saracens forward maro itoje will start a test match for the first time at blindisde flanker having been named as chris robshaw‘s replacement, one of several first team regulars who are missing through injury. he‘s named alongside tom wood and nathan hughes in the back row. whilst wasps eliot daly will start on the wing in place of exeter‘s jack nowell, who missed two days of training this week due to personal reasons. he takes up a spot on the bench. sam warburton returns to the wales‘s starting 15 for their match with italy on sunday. it‘s one of five changes to the team that beat south africa in the autumn international back in november. captain alun wyn jones will lead the side in rome. ukrainian rider andriy grivko of has been disqualified from the tour of dubai, after punching german rider marcel kittel in the face during stage 3. kittel, who still leads the race
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after winning the first two stages, has called for grivko who rides for the astana team, to be banned from cycling for six months. astana have posted an apology on social media but kittel, who ended up a cut eyebrow and blood streaming down his face, says what happened has nothing to do with cycling, and he won‘t accept it. that‘s all sport for now. you can find more on all those stories on the bbc sport website — bbc.co.uk/sport — and i‘ll have more in the next hour. john, thank you. more from him later. brexit secretary david davis has set out the government‘s negotiating strategy for the uk‘s withdrawal from the eu in a keenly—awaited white paper. launching the document in a statement to mps, mr davis said the paper confirmed the uk‘s strategy will be guided by the 12 principles theresa may set out in a speech
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lancaster house last month. it's it‘s not a bill how or whether we leave the eu but about implementing the decision already taken by the people of the uk in last year‘s referendum. we always said we‘d detail our strategic aim and seek to build a national consensus where possible. this white paper sets out this thinking. it confirms the prime minister‘s vision of a truly global uk and an ambitious future relationship with the eu it will guide the government in full gilling the democratic will of the people of the democratic will of the people of the uk. providing certainly and clarity where we can. taking control of our own laws and statute book. strengthening the union by securing a deal that works for the whole of the uk. maintaining the common travel areas and protecting our
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strong historic ties with ireland. controlling embrace from the eu. scuer securing the rights for european citizens living in the uk and the rights of uk nationals living in the eu. protecting and enhancing existing workers‘ rights. ensuring free trade with european markets whilst forging a new strategic partnership with the european union, including a bold and amount bigs free trade agreement, a mutual beneficial new customs agreement. forging free trade agreements with count aacross the word. ensuring the uk remains the best place for science and innovation. cooperating in the fight against crime and terrorism. finally, delivering a smooth and orderly exit from the eu. these 12 objectives amount to one goal, a new, positive and constructive partnership between britain and the eu that works in our mutual interest. all of them are key. but let me highlight some of the
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specific issues in the white paper. it reiterates our firm view that it is in the uk‘s interest for the eu to succeed politically and economically. that cannot be said too firmly. we want the eu to succeed politically and economically. so, we approach the negotiation to come in a spirit the goodwill and working to an outcome in our mutual benefit. we recognise the eu‘s principle forfreedoms in our mutual benefit. we recognise the eu‘s principle for freedoms so the eu‘s principle for freedoms so the uk will leave the single market market. instead, we seek a new, strategic partnership, including a bold and amount blishings trade agreement and beneficial customs agreement and beneficial customs agreement which should ensure a free and frictionless trading of goods. that will be to our mutual benefit. as the white paper notes, we export 2030 plea worth of goods and services to the eu while importing
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290 billion of goods and services from the eu every year. it sets out how, after we leave the eu, the uk will seek to trade with the fastest export markets in the world. we cannot sign new trade deals whilst still members we can and are preparing the ground for them. the bank of england has raised its economic growth forecasts for the next three years. it estimates that gross domestic product, the total value of goods and services produced by the economy, will rise by two per cent this year — much higher than its previous prediction. growth has remained resilient since the referendum with the uk prosting the referendum with the uk prosting the fastest rate in the g7 last year. the mpc expects growth to be stronger in the forecast peered than in november with the economy expected to expand by 2% in 2017 than 1.75% there after or around 1.75% there after. this upgrade will
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lead the level of the uk output around 1% higher over the next three yea rs around 1% higher over the next three years than we had expected in november. this stronger outlook is the product of four factors. in order of importance, they are, first, the chancellor‘s autumn straight eased fiscal policy over the coming years. this explains about half of the forecast upgrade. second, the outlook for the global economy is firmer, reflecting and easing fiscal policy in other major economies together with improvements in financial conditions and business confidence, particularly in the united states. that explains more than a quarter of the upgrade. third, financial conditions in the uk remain supportive underpinned by low risk free rates. the 18% fall in sterling since the november 2015 peak and lower credit. moreover, domestic credit conditions are combative. reinforced by strong
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competition and historically low mortgage rates. in part, this reflects the bank of england‘s policy actions which helped lower the impact of uncertainty on activity. fourth, as was 9 case in november, there are few signs households are cutting back spending with their real incomes. with the savings rates falling to pre—crisis lows, how households adjust their spending and their expectations of future income will be important determine ninetys of the outlook. now, this stronger projection doesn‘t mean the referendum is without consequence. uncertainty over a future arrangements is weighing on business investment which has been flat since the end of 2015. business investment is expecting to be around a quarter lower in three years‘ time than projected prior to the referendum with material consequences for productivity, wages and incomes. more broadly, the level of gdp is
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expected to 1.5% lower in two years‘ time than we had projected in may. despite substantial easing the monetary macro—prudential and fiscal policies. financial markets are pricing in a material adjustment to the uk‘s economic prospects as evidenced by the sharp fall in the value of sterling. markets are valuing today what they expect to be necessary tomorrow. an adjustment to real incomes as the uk moves to new trading arrangements. the mpc expects tensions between strength and market pessimism to begin to be resolved over the course of this year. turning to inflation, having risen markedly from o‘#0 in 2015, the mpc expects inflation to be back around 2% in the data for this month, february. this largely
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reflects external factors, in particular, past falls in energy, food and imported goods prices begin dropping out of the annual comparison. inflation is expected to peak by 2% in 2018 before falling back to 2.4% in three years‘ time. these overshoots are entirely because of sterling‘s fall. which itself is a product of the market‘s view of the consequences of brexit. consistent with this, loppinger term measures of inflation expectations have risen over the past year from low levels to establishise arg historical average levels and remain well an authored. the outlook for inflation in this forecast depends, importantly, on the path for supply. which is why the mpc undertakes regular detailed assessments of these prospects. the latest such assessment is incorporated in
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today‘s projections. following a long peered of consistently overestimating wage growth, the mpc updated its view of the natural rate of employment. specifically, we judge the rate of un‘em flyment the economy can achieve consistent with wage growth to be around 4.5% down from 5% previously. wage growth to be around 4.5% down from 596 previously. mark carney, we‘ll hear more from him in the business news. first, our headlines: the government formally sets out its strategy for leaving the european union as it publishes its white paper. the bank of england forecasts better growth for the uk economy over the next three years — but warns higher inflation could hit households. as we just heard, the human rights lawyer phil shiner, who brought abuse claims against uk troops, has been struck off after a misconduct hearing. that‘s all the business news. the bank of england says it expects
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uk gdp to grow at 2% in 2017 — up from a previous estimate in november of 1.4%. growth remained resilient since the referendum. the uk posted the fastest rate. he's keeping interest rates at 2.5%. well on the way to two billion friends — facebook gets more popular, more profitable, and more powerful than ever before. but the question is for how long? stay with me, i‘ll have more on facebook‘s staggering numbers ina minute. the chief executive of germany‘s leading stock exchange is being investigated by prosecutors over the purchase of shares in the company just weeks before it began merger talks with the london stock exchange. deutsche boerse says carsten kengeter‘s shares were part of an incentive scheme and they are cooperating with the authorities. the share price rose significantly shortly after he acquired the shares. let‘s start with facebook, because
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despite predictions of a slowdown, the world‘s biggest social network keeps getting more popular, more profitable, and more powerful. last night, it reported quarterly numbers were much better than expected. they round off another year of rapid growth that has seen it become one of the biggest advertising businesses on the planet. its massive reach has also raised concerns about the amount of influence it can have and the reliability of information that‘s shared on it. joining me now from the new york stock exchange is our north america business correspondent michelle fleury. it seems to be getting bigger and bigger. other social media sites may have challenges but they seem to be overcoming those hurdles?m have challenges but they seem to be overcoming those hurdles? it is staggering when you talk about two billion users around the world and the company thinks it‘s on course to hit that figure in the next couple of months. that user growth has
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helped it really capitalise on that through advertising. that‘s where you‘ve seen the huge success story. 5796 you‘ve seen the huge success story. 57%jump in you‘ve seen the huge success story. 57% jump in advertising you‘ve seen the huge success story. 57%jump in advertising revenues. compare that to the year before and the year before. we‘ve seen this huge growth. that‘s what has pleased investors as they look at these results. that combination of user growth and being able to sell them add wurz wherever they are on facebook. that is the cornerstone of their success. the question going forward , their success. the question going forward, the company said they‘re close to reaching saturation point on the advertising front. that may be one area of concern going forward. it is not without problems. it has this case today, it lost in the us court, it has to pay $500 million. it has been under a lot of pressure about fake news? yeah. it bought this virtual reality company
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oculus for its rift headsets. the company thinks virtual reality will play a huge part in its future going forward. it got sued over whether or not the company originally stole that technology from somewhere else. mark zuckerberg said they‘ll appeal the decision. that‘s a bit of a set back. elsewhere in europe, changes in privacy laws and attitudes are going to hurt the company. and fake news, here in the us it has been a huge problem for the company. it‘s come under scrutiny for its role in the us election. facebook said it will try to address this through artificial intelligence. whether or not that‘s enough t remains to be seen. not that‘s enough t remains to be seen. china, this is a country that mark zuckerberg‘s put a huge amount of personal capital trying to get facebook into the country, still no progress there either. thank you six airports — belfast, liverpool, newquay, humberside, prestwick and durham tees valley — could be added to heathrow‘s network by 2030.
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that‘s the current suggestion from the department of transport if heathrow‘s third runway is approved. as it stands, eight uk airports have links with heathrow but ministers want to expand domestic connections. sales at astrazeneca fell 13% in the fourth quarter after the drug—maker‘s cholesterol treatment crestor lost patent protection in the us. the company has been cutting costs so it can devote more resources to cancer drugs. and staying with pharma — consumer goods giant reckitt benckiser — maker brands like nurofen and durex — has confirmed it is in "advanced negotiations" to acquire baby formula maker mead johnson nutrition for about £13bn. and vodafone, the world‘s second biggest mobile phone group, said it would come in at the "lower end" of its profits guidance for the full year in the face of tougher competition in india and britain. you can see that reckitt share up.
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they rows about a.6% this morning. shell up 4.5% after reporting its latest results. that it from me. homeowners who bought their properties under complicated leasehold deals, have told the bbc of spiralling costs and a fear they‘ll have nothing left to pass onto their children. those affected don‘t own the land their houses are built on, and in some cases that land is literally being bought and sold beneath their feet. the government says it‘s about to announce "radical proposals" to overhaul the system. james longman has this special report. what do we want?
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all: homes for britain. when do we want them? all: now! to ease the housing crisis, new homes are going up across the country. many are leasehold not freehold and the difference is crucial. the new trend is for developers to sell freeholds to investment companies. so, here‘s what‘s happening. a developer builds a house. here it is. it sells that house to mr & mrs smith. here they are. but what it sold is the lease to that house. that‘s time in it. a couple of years later, the developer is able so sell the freehold, the ground it‘s on, to an investment company. mr investor. it is a way of making money on the same house twice. this whole business is worth hundreds of millions of pounds every year to the developers. i had no idea my home would be used as an endless income stream for an investor. katie kendrick bought her home from bellway developers. she was never told her freehold would be sold off. now, she wants to buy it, the price has gone from £4,000 to £13,000. where did they get that figure from? i have absolutely no idea.
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itjust doesn‘t seem ethically right to the me at all. i‘m not a cashpoint for somebody else. i never realised i could be used as such. what bellway are doing isn‘t illegal. some of their buyers just feel they weren‘t clear about their plans. we asked them to comment but they did not respond. homeground, the company that acts on behalf of the freeholder, said its investors were uk pension institutions which bought the freeholds as part of their very long—term investment strategy. but it also said it was usually willing to informally negotiate a price, which can often save both time and legal fees. beth rudolph is from the conveyancing association. we asked her to look through some of katie‘s paperwork. when katie‘s bought the house, from what it looks like, she‘s had the right advice from the conveyancer. but it would appear the conveyancer was unaware of the intentions of bellway to sell on the freehold. anyone marketing a property is covered by the consumer
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protection from unfair trading regulations, which means if there‘s something that would impact their decisio—making process, then they should be advised of that before they view the property. i feel guilty for my family that i've made that wrong decision. it might not impact on me in my lifetime. but you buy a home for your children to have, to give them something. it's a massive burden to leave for your children. for katie, this is a property trap from which she still doesn‘t know how to escape. and you can see the long version of that report on the victoria derbyshire programme page: bbc.co.uk/victoria. time for a look at the weather the weather‘s heading this way. awfully pessimistic, simon. cheer
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i awfully pessimistic, simon. cheer up! there is a big area of low pressure. simon‘s referring to these blobs out in the atlantic. they are players in the weekend‘s weather prospects. you can see there‘s drier interludes. quite a bit of wind here just across the western side of the british isles. that‘s what it looks like from underneath. that‘s how it looked earlier on today around the penzance area. you are not alone. anywhere really up the exposed coast and hills of the west of the british isles, gusts from 40—60 mph. throw in the heavy pulses of rain across northern ireland and south—western scotla nd northern ireland and south—western scotland through the day, it is one of those days. take care if you‘re on the move. further east, there are some drier interre lewd. an odd bit and piece of rain. relatively mild. 9-11. and piece of rain. relatively mild. 9—11. even at 5.00. if you‘re comuting home t won‘t be cold. not a great deal changes through the evening and overnight. perhaps we
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just ease off that wind a touch. probably enough breeze and cloud to keep the frost at bay from being a widespread problem. into friday, wee bit of rain and wind across the north—west of scotland. otherwise, a lot of dry weather but, there had to be one, don‘t get suckered by that. across ales, the south—west of england to the midlands in places there will be increasing amounts of wind and rain. elsewhere, it stays pretty dry. let‘s major this area of low pressure. in its circulation it may have very strong winds. could get quite blustery across the south—west, southern wales through the channel come friday evening. up towards the south—east. that‘s the first of a succession of low pressures . first of a succession of low pressures. that, flew friday might d rifts pressures. that, flew friday might drifts further north to end up giving scotland and northern ireland saturday a rather wet and windy day. still with brightness there. some rain to be had across the
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south—eastern quarter of britain and along the south coast for a time. in between, not all doom and gloom. come sunday, that area of low pressure may just get come sunday, that area of low pressure mayjust get very come sunday, that area of low pressure may just get very close to the eastern side of scotland and that could be quite wet and windy. at the same time, another area of cloud will visit the southern coasts. again, breezy, some showery bursts. in between, look at that, really quite decent affair. a complex situation. we‘ll keep you up to date through this afternoon. you are you can do it at your pace on our website. this is bbc news. the headlines at 2pm. an independent and truly global united kingdom — the brexit secretary, david davis, outlines the government‘s strategy for leaving the eu. whatever the outcome of our negotiations, we seek a more open, outward looking, confident and fair rate uk that works for everyone.
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the bank of england forecasts another dramatic rise in its growth forecast for this year, as consumer spending remains stronger than economists predicted. carly lovett, the 24—year—old shot dead during the tunisian beach terror attack, an inquest hears how her fiance tried to save her life. and in the next hour we‘ll discuss donald trump‘s worst phone call ‘by far‘, since becoming us president. as he reportedly puts the phone down on the australian prime minister,
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