tv BBC News BBC News June 7, 2017 5:45am-6:01am BST
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after it emerged they were warned about the third london bridge attacker. he's been named as 22—year—old youseff zaghba, a moroccan—italian man who lived in east london. as we have a ready mentioned, it is the last day of campaigning in the uk general election. let's discuss that in more detail on world business report. with voters feeling the pinch and concerned about brexit, we weigh up the economic policies of the main parties. and going, going, gone: uberswings the axe and sacks 20 members of staff following an investigation in to sexual harassment. also in the programme, we have more
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detail on the diplomatic row involving qatar. what are the economic and business implications? we will discuss that as well. but first, there's just a day to go until voters in britain head to the polls for its second general election in two years. security has been a key issue in the campaign, but as with anywhere else, prosperity and the economy will by hugely important to how people vote. but unlike anywhere else, the uk must contend with its decision to leave the european union. minimising the disruption to the economy is one of the most divisive issues between the governing conservatives and the labour opposition. if we have a look back to the 2005 election, you can see the uk economy
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has been gradually recovering since the 2008 financial crisis. that is that very big get there. so grey has returned, pretty slowly. —— so growth. for many businesses, brexit spells considerable uncertainty. the 29th of march 2019 is the current deadline for the uk to leave the european union. without a trade deal in place firms on both sides face huge disruption. one reason the government needs to maintain growth is the uk's growing national debt. this year it's expected to be 88% of gdp, which is higher than most developed economies. in the year to the end of march, the government spent $67 billion or £52 billion more than it took in. the conservatives say that they'll get this deficit back down zero by the "middle of the next decade". labour says it wants to eliminate the deficit on day to day spending in five years, but will
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borrow to invest. peter dowd is a labour politician and is currently the shadow chief secretary to the treasury. peter, thank you for being on the programme. a critical day for you and all of your colleagues. looking at the labour manifesto, many have seen the great detail in the plans. radical plans, radical changes, at the scrapping of university fees. minimum wage, free school meals, the list is very long. many have argued that you have some kind of money tree. that is the conservative line. the institute for fiscal studies are concerned the numbers do not add up. i disagree with the institute for fiscal studies. what we have tried to do in our manifesto is set out what our spending plans are going to be, and we have another document which sets out how we're going to raise those figures. they out
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clearly, it is a clearly costed ma nifesto, clearly, it is a clearly costed manifesto, more so than the conservatives‘. if the institute for fiscal studies had a chance to look at my figures —— ourfigures, and have disagreements, we stand by them. one of the ways is raising taxes on those who earn £80,000 or more and increasing corporate taxes. 0n the point of raising income tax for the higher paid, many would argue, actually, you can‘t really guarantee what you will get in in terms of money on that, because of course, people change their behaviour when taxes change, and they get to a clever accountants that ensure they pay little tax. yes, what you need to do in that case is a couple of things. firstly, we have set aside in our figures about £4 billion which gives us room for manoeuvring in the context of people changing their behaviour. so we have already accounted for quite
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a substantial amount of that. the other aspect you have to do, and which labour are doing, is you have a tax avoidance plan going into the future, making sure that those people who should be paying their taxes are actually paying them. we already have at least, at least, a £35 billion tax gap every year. labour want to close out by about £6 billion. so we are only go for about 20% of the already huge tax gap, there. if a drug you briefly, many look at the manifesto is a you punishing business. 0thers look at the manifesto is a you punishing business. others might say you are helping small businesses. the increase in corporate taxes is encouraging, and the increase in the minimum wage could be tricky for some employers to deliver, particularly in the context of brexit. it will still be the lowest
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minimum wage in the g7. and our productivity continues to be lower, and our investment, too. in terms of the minimum wage, we will work with small business to help them, where they cannot manage the gap. we have tax credits already which of many companies and people trip reached the gap between what they own and what they live on, and we will continue to do that. peter dowd, thank you forjoining us today. part of the labour party. and for more information, as we‘ve said, on all the other parties and their policies in the uk election, please go to the bbc website — the address is www. bbc.com/news. and do stay tuned to bbc news for more live coverage. you‘ve just heard from the labour shadow chief secretary to the treasury. later, on business live, we‘ll be speaking to his conservative opponent. that is coming injust a
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that is coming in just a few hours. 0ther that is coming in just a few hours. other business stories, now. ride—sharing service uber has fired 20 of its staff as part of an investigation into sexual harassment and other problems around poor company culture. the company launched an investigation in february after former employee susan fowler wrote a blog post detailing what she said was systemic sexual harassment and gender bias at the company. 0ur north america technology reporter dave lee has more. after a former employee outlined a range of serious allegations about sexual harassment and a hostile work culture, uber set up a hotline for employees to raise issues. in the last three months, 215 claims were made. the complaints covered things like dissemination, sexual harassment, bullying, and even physical security. 115 of those claims were followed up, leading to
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20 dismissals. seven members of staff were given final warnings, and others were put into training programmes. there are 57 cases still being looked at. the names of the five employees have not been made public, but the bbc understands at least one senior executive at the firm was dismissed. news of the sackings were delivered in a companywide sackings were delivered in a compa nywide meeting sackings were delivered in a companywide meeting on tuesday. uber‘s chief executive was not in attendance. he has been spending time with his family, following the recent death of his mother in a boating accident. a broader report into the culture at uber is expected next week. the boss of tesla says that new buyers of its highly anticipated model 3 will have to wait until the end of next year before they can take delivery of their new car. tesla has been accepting deposits of $1,000 for the model 3 and the company has been
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aggressively raising funds to help prepare for the launch. shares of adani enterprises jumped nine percent in mumbai on tuesday after news that the adani group is going ahead with its controversial coal mine project in australia. adani will break ground at its carmichael mine and rail project by september. just to say that we are looking at the situation with regards to qatar and their dispute with saudi arabia and their dispute with saudi arabia and other countries. all the detail on that to come. this is a brief look at the market. a flat, next session. investors were keen to stay cautious this side of an election in the uk. i will see you soon. hi there. the weather caused all kinds of problems on tuesday. a number of serious accidents caused by the strong winds in southern england, in particular.
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the winds gusted over 60 mph in a number of places, bringing down a few trees and causing those problems. the low pressure that‘s been responsible for that windy spell of weather still with us then into wednesday but the winds will be very slowly easing a bit over the next 24 hours. this is how we start off the day on wednesday, then. still the winds gusting to 40s and 50s miles an hour. we are still talking about inland gales. outbreaks of rain across eastern areas, drier and brighter further west. and generally, i think, the weather will be improving as we go on through the day. winds continuing to ease a little bit more and there will be a fair bit of sunshine to go around as well. let‘s take a closer look at he weather through wednesday morning, and across southern counties of england, temperatures pushing into double figures fairly briskly. but they‘ll still have fairly strong winds first thing in the morning — gusts of 20—30mph or so across the southern counties of england, perhaps a bit stronger around some of the coasts and hills. still around 40—50mph as we travel further northwards and eastwards,
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closer to that area of low pressure. and although many areas will start the day on a dry note with sunshine, across the east we‘ll have that thicker cloud with persistent outbreaks of rain affecting eastern scotland, in particular. there‘s the risk of some surface water flooding, affecting parts of eastern scotland as we go through the day as those rainfall totals continued to accumulate. 0therwise, though, we‘ve got a fair bit of dry weather to come as we head through the rest of the day, with sunshine, but the next weather system will be working in late in the day to northern ireland, wales and the south—west. outbreaks of rain pushing into these areas as we head into wednesday evening. then overnight, more wet weather pushes across england and wales. not too much in the way of rain, that said, across south—east england. scotland should stay clear of the rain through the night. but it is the chance for thursday, and you can see low pressure firmly in charge of our weather. more lows waiting out in the wing as well. so we are in for quite an unsettled spell at the moment. for thursday, we‘ll see another batch of rain, pushing northwards across england
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and wales, northern ireland. not lasting too long. but the rain tending to become a little bit slow—moving as it works into southern scotland as we go on through thursday afternoon. the weather turning a little bit brighter further south and east as we head through the afternoon, but still with quite a bit of cloud around. friday looks like being the better day. drier, more in the way of sunshine. still a few showers dotted around here and there. most of these across northern and eastern areas of scotland. the weekend staying unsettled. if anything, though, probably sunday the better of the two days of the weekend. that‘s your weather. hello — this is breakfast, with louise minchin and charlie stayt. the final day of general election campaigning, as political leaders make one last push for your vote. 0pposition parties round on the prime minister as she declares she‘ll change human rights laws to fight extremism. a day before the polls open, we‘re talking to representatives from all the main parties throughout the morning. good morning — it‘s
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