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tv   BBC News  BBC News  May 17, 2017 5:45am-6:01am BST

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to transform the economy. the front of the ft looks at lloyds bank which has closed the darkest chapter in its history after the uk government offloaded its remaining share in the bank. lloyds received a twenty billion pound public—bail out following the 2008 financial crisis. and finally, as seen in the guardian, the planet's biggest and most powerful wind turbines have begun to generate electricity off the coast of liverpool. each structure is almost 200 meters high, which is taller than the pyramids of giza. with me isjustin urquhart stewart who's director of seven investment management. good morning. we see this every day. let us start with trump. and i don't mean that in a good way. every day, there is a new league. it is a soap opera. it is wonderful. this one is interesting because now, they are asking for all the papers to be put
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together with regards to the investigation but what comey is coming up with is contemporaneous notes. if you can't get live, signed notes. if you can't get live, signed notes of the meeting, you can get exactly what you want. certainly from what we can read in today's paper, there is quite damning stuff in here. it implies that the president was asking to go beyond the normal amount of action necessary, to make sure that the whole thing is shutdown. really, that will not be the case. this does ta ke that will not be the case. this does take us back to the days of richard nixon. the allegation is that this was an obstruction ofjustice. there was an obstruction ofjustice. there was an obstruction ofjustice. there was a process under way to investigate these tyres. he said... could you pass it on. the various comments made. these are second—hand but they are contemporaneous and they sound in the right sort of
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style but it does look as though they are trying to sweep it under they are trying to sweep it under the carpet. i spoke about the reaction which has hit financial markets. everybody is going into safety mode, as it were. and for good reason? we haven't been in a position we are in we had the presidency in such a good deal of concern. presidency in such a good deal of concern. we went through this with clinton but that took some time to occui’. clinton but that took some time to occur. already, it is looking pretty shaky. this is going to make sure markets know which way it is going. it isjust as markets know which way it is going. it is just as liable to change markets know which way it is going. it isjust as liable to change in the opposite direction. anything could happen. the other thing is, andi could happen. the other thing is, and i do not know where you stand, you brought up watergate, which was a political conspiracy. chaos within the white house. it is not running
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the white house. it is not running the way it should do. this is sounding dysfunctional. it is not functioning. this is not the well oiled machine you are talking about. it's grinding, it's not working properly. people coming out and saying one thing in the president contradicts them. saturday night live is a much while ——i must watch, it's a shame it's not on the bbc but this is not a way to run a country. it may not end up good, i'm afraid, because unless you can get a grip, i suspect he has no interest in the detail. what he really needs is a good household running the place for
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him. but he does not have that person in place. president trump has made his views clear on private chelsea manning. leaving prison later today, having been in prison for seven years as opposed to 35 which was the initial sentence. went in as badly manning. —— bradley. this person has got to start a new life but it is a reminder of what happened. it must be difficult for anyone going through gender reassignment and doing it in prison with all of this is a background. and being held responsible for all those leaks as well. he still got to remain on active duty. remaining a private in the army while the appeal process goes through. very strange indeed. we will keep an eye on that. let us talk about the election in iran which is happening on friday.
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the independent takes a look at the various candidates. really interesting times for iran, given the nuclear deal which lifted crippling sanctions on iran, something i was almost covering every day with the various companies who were beating the door down to get a piece of the action. fascinating. this is important because its strategic on a global base —— basis. this is one of the most important middle eastern countries and they are on site and continuing to open up and develop that, with this election, if we don't get hassan rouhani was whether stronger opposition coming through, then you will get trump's wishes and have that agreement torn up. was the agreement to week? well, it has made some progress. there is benefit in staying with it at the moment. it
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all depends on what is going to come out a bit. going back to what we we re out a bit. going back to what we were talking about at the beginning, this is why what happens in the white house matters. comments that come out of the white house have an effect thousands of miles away all around the world. the conservative hardline candidate around the world. the conservative ha rdline candidate is around the world. the conservative hardline candidate is making play with what donald trump said about the deal, saying the show as it was a waste of time. this is one of the horrors of twitter, when you cough —— policy made by tweet, or twit, people pick up the soundbite. 0f course, it is not policy and it shouldn't be. we saw the same with the entire tax policy, 280 words, thatis the entire tax policy, 280 words, that is more than one tweet but this is no way to run a ——a country. tweet in haste, repent at leisure. is no way to run a ——a country. tweet in haste, repent at leisurelj like tweet in haste, repent at leisure.” like it. the front page of the
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financial times looks at lloyd's. the end of an era, if you can put it that way. the final bit of lloyds put in private hands after being held by the taxpayer since 2008, 2009. i bet this is something you never thought you would see when you started your career in the city.” never thought i would see the big banks pulled to their needs. it took nine years, a long time. the real issue is this is what happened to lloyds issue is this is what happened to lloyd 5 o n issue is this is what happened to lloyds on that occasion. we took our la st lloyds on that occasion. we took our last properly functioning bank and stuffed into it a bank that was not functioning and that has effectively ruined lloyds at the same time. this is gordon brown and the lloyds management, trying to get a deal done over mortgages and some very murky stuff done indeed. we have had to bear the cost of it. technically,
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there is now $500 million —— £500 million worth of profits. it could have been better. the swedish model, they say go away, shut up. when we do bring them to market, this is going to be profitable. but lloyds has managed to get back on track. what about the royal bank of scotland? you have still got restructuring in the united states. ancient computer systems. frankly, it's not a proper functioning bank. we are all we are. they should have opened ten years ago. look at these enormous wind turbines. 'yuge', as donald trump would say. have you flown over the irish sea recently?
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from liverpool to dublin. you'll go across this forest of turbines. it is huge. guess it is going to be 20, 30, 40. this is on a different scale altogether. you can guarantee there is going to be no wind this winter. justin, thank you as ever. hello there, good morning. tuesday is probably going to be a day remembered for the high temperatures.
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looking outdoors, we had some blue skies at times here in lossiemouth, in scotland, and more blue skies and some more humid air here in kent. those two are significant, because in scotland it was the warmest day of the year so far, and with a temperature of 26 degrees at gravesend, the warmest day in the uk so far. but, in between this band of cloud, which didn't produce an awful lot of rain, but that cloud is thickening to give us some more rain today. and the warm air is going to get pushed ever so slowly away into the near continent. we're going to get into this cooler, fresher air, with sunshine and showers over the next few days. a chilly start, though, for scotland and northern ireland this morning, one or two showers in the north—west. but, by the morning, the rain more extensive across a large part of england and wales. now, through the day we will enjoy some sunshine in scotland and northern ireland, but we will see a few some showers,
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some of them heavy, coming into the north—west. for a large part of england and wales, cold and wet all day, with some warmth, before that rain really gets going in east anglia and the south—east. temperatures will be a bit lower than they were on tuesday in scotland and northern ireland. many eastern and southern parts of scotland staying dry, some sunshine, but showers to the north—west and across northern ireland. and if you're stuck underneath this rain across a good part of northern going to england, wales, and the south—west, really going to feel quite cold. the rain starts to ease off later into the afternoon, cold and wet all day through the midlands, central and southern england. ahead of the rain in east anglia and the south—east, warm and humid. but once that rain arrives, late afternoon and into the evening, could be very heavy and thundery across the east midlands, east anglia and the south—east. rain begins to clear away from areas further west. that is the first soaking rain for the gardens we've had for some time towards the south—east, but could lead to difficult travelling conditions. by thursday, all gone. we're into sunshine and showers. most of the showers out to the west, some heavy ones. may well be a dry day across east anglia
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and the south—east. that's where we're seeing the highest temperatures, but they're tending to slip away. numbers dropping, typically into the mid—teens. sliding in from the atlantic, slowly but surely, we've got this area of low pressure, which will amplify the showers into longer spells of rain for northern ireland and for western scotland, closer to the centre of the low. 0therwise, some sunshine and some showers scattered about, some of them still on the heavy side, and temperatures typically 14 or 15 degrees, and not getting any warmer over the weekend. yes, there will be some sunshine at times, but some further heavy showers. and, with clear skies at night, it will be on the chilly side. hello, this is breakfast. this is a special edition. i'm live in bristol. that is the clifton suspension bridge. three weeks away from the general election, we will look at the key issues for you this morning. this is bbc breakfast on the road. yes, good morning. iam here with
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the bbc breakfast buttie van, we will serve some tulisa streets, of course, and we will chew the fat with people about what they think about the general election —— delicious treats. good morning. it's wednesday, march 17. i'm louise minchin.
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