this is business live from bbc news with sally bundock and jamie robertson. brexit summit at downing street — the uk prime minister meets european business leaders to hear their views on how to make a smooth separation from the european union. live from london, that's our top story on monday the 13th of november. leading business experts will press for a transitional period after the uk leaves the single market. but what will theresa may have to say to them? also in the programme — a new passenger on board. ride—hailing firm uber strikes a huge investment deal with japan's softbank. the european markets have opened, and as you can see, they are mixed

for now. we will talk you through the winners and losers, and we will have the latest from the asian summit. does your city need a make—over? your country getting bad press? the institute for identity could help — it's a company specialising in re—branding for places british authorities say kaspersky anti—virus software could allow foreign governments to spy on you — so with all the technology out there — do you think you're being listened to or spied on? just use the hashtag bbcbizlive. hello and welcome to business live. do get in touch. let us know your thoughts on technology and what it is listening to and hearing. let's start with brexit.

as britain's departure from the european union draws ever closer there's growing scrutiny over future trade links between the two sides. so for the first time, prime minister theresa may will welcome european business leaders to downing street later. she wants their input on how to minimise disruption after march 2019. 15 leading business organisations from across the continent, including experts from the confederation of british industry and institute of directors, will be there. last year the uk exchanged about 730 billion dollars' worth of goods and services with the other 27 eu countries. that amounts to 43 percent of total uk exports. when it comes to goods, the biggest share of that is taken up by cars and chemicals. matthew goodwin, senior fellow at chatham house, is with me.

are all the business is there speaking with one voice? and what are they saying? there are businesses from 11 countries visiting the prime minister today, and they do speak from one page. they want more detail on the transition deal, saying to the prime minister, get on with sorting out what britain's going to pay to brussels, let's really hammer home the new trade relationship. there are other businesses that say, actually, all of this is delaying what brexit is really about, in their view, which is getting on and signing trade agreements with other countries around the world. this is the difference between a soft brexit and a hard a soft one asking for are and a hard a soft one asking for are a marine —— an arrangement that will spread things out over two years. a marine —— an arrangement that will spread things out over two yearsm absolutely right. it is about getting a transition and then moving

into a relationship that is similar to the one we had before, which keeps business closed that single market. hard brexit is crashing out of that into a sort of world trade organisation model where you would have to be negotiating things like ta riffs have to be negotiating things like tariffs and a much more complex relationship with europe, but one that you could argue would give britain a bit more flexibility in terms of those relationships with other countries. theresa may, is she in listening mode? she has to be. business is a strong voice. let's not forget that businesses also concerned about the much higher level of political volatility in the uk. we have a cabinet that is fairly split, a prime minister that since the election is weaker, and a resurgent labour party that has a different vision of what brexit would entail, and they will go in there today knowing that theresa may is under pressure. that is interesting, because on one hand, she has a party she has to hold

together, but she also has not got a reputation for being that business— friendly. a lot of the ideas she came outwith, workers' representative on boards, looking at the size of bonuses, all that seemed to be anti—business, and one wonders whether she really is that sympathetic to what they are going to be saying. the key line we need to be saying. the key line we need to be saying. the key line we need to be aware of is that between business and voters. some of theresa may's proposals were not popular amongst business, but they were popular amongst voters, and this tension runs right through the brexit debate. that makes me feel she may be more interested in what the voters think than what business things. the electorate are still very concerned over what they see as an economy that is tilted towards london and the elite, in broad terms, concerned that globalisation doesn't seem to be very fair, isn't distributing resources in a fair way. but what is our new migration

policy going to be? business says that we can't last migration because it will hurt the economy. but those who voted to leave are saying that they really want reductions in overall migration into the uk. so many circles to be squared. thank you forjoining us. boeing has snatched up a dream of a dealfrom its rival airbus at the dubai air show. emirates has placed a preliminary orderfor a0 of their 787 dreamliners in a deal worth about $15 billion. that's a blow to airbus, who was expecting a deal of their own. the numbers are in from the world's biggest online shopping event , singles day. chinese internet giant alibaba sold $25 billion dollars' worth of deals on november 11th. last year, alibaba sales hit a record 18 billion dollars in 2a hours. britain's digital surveillance agency, gchq, says it has concerns

about kaspersky anti—virus software. the financial times says the software — given away free by barclays to more than two million customers — could be used as an intelligence—gathering tool by the russian government. that is the story were asking for your comments on. we are asking the general question, are you concerned that you are being spied on? we were talking about how we had a conversation near to our phone and then we started getting adverts on social media. spooky! president trump is now in the philippines to attend the asean summit — that's the association of southeast asian nations. he's been meeting the controversial leader rodrigo duterte,

whose drug war has claimed thousands of lives. leisha santorelli is in singapore. tell us about today in manila. sally, donald trump is on the final leg of his asian tour and he met with the philippine president for about a0 minutes. according to reports, the issue of human rights was only touched upon, which will disappoint activists who have been calling for president trump to take a tough line over the philippine war on drugs. the president is clearly focusing on boosting trade and business ties and is said to have discussed our bilateral trade deal with the philippines. apparently he asked the philippine president by american cars face higher tariffs than japanese cars american cars face higher tariffs thanjapanese cars being imported into the philippines. it is all about putting america first. he

stressed that he is looking for fair and reciprocal trade relationships in the region, so now he is pushing towards more bilateral trade deals versus big multilateral deals. one of his first acts on entering office was to pull out of the transpacific partnership, so in his meetings today in the philippines, it is clear he is trying to boost ties with his counterpart there. very interesting. lots more on that on oui’ interesting. lots more on that on our website. let's look at markets in asia. it is quite mixed. we saw japan down this monday, and as you can see, other markets in asia are fairly mixed. the pound sterling is very wea k fairly mixed. the pound sterling is very weak versus the dollar, based ona very weak versus the dollar, based on a lot of concerns around brexit and around theresa may's position as prime minister. a lot of concern about her support within her party. let's look at europe and see how things are giving so far. the

bitcalling is dropping. —— bitcoin. the marketing europe are doing ok, ifa the marketing europe are doing ok, if a little flat. on wall street, samir hussein has the day ahead. company earnings continue this week. on monday, we will hear from the number—i meat processor, tyson foods. increased demand for chicken will help cells, but the company must content with falling poultry and beef prices. also reporting is general electric. the new ceo is expected to cut earnings targets and announce a plan to cut costs and boost profits. he is also likely to announce management changes, star productions and a dividend cut. this comes as the i25—year—old industrial

conglomerate tries to boost earnings which stalled under their former ceo. add in the coming week, we can expect to hear from ceo. add in the coming week, we can expect to hearfrom retail giant walmart and its big competitor, target. joining us is nandini ramakrishnan, global market strategist atj. p. morgan asset management good morning. the pound and the ftse 100 are giving in opposite directions this morning. it is all connected, isn't it? they source 70% of their revenues from outside the uk, so cheaper pound makes their goods more attractive. they are more confident that they can sell goods and services to the rest of the world. that is why it plays out in reverse directions. the pound is a

volatile currency, but why is it going down? it has been volatile over the last year and a half, starting with the brexit referendum result. there is no business about the progress of the negotiations, what will theresa may speak to those business leader groups about today and over the course of the week was like all these novas worries about the strength of the uk position versus the rest of the europeans. the pound will move up and down over the course of the next few months because of how uncertain some of the negotiations are. what are you watching out for this week?‘ negotiations are. what are you watching out for this week? a lot of data from china, retail sales, the amount that consumers in china are spending. we will see industrial production of china as well, and it will be good to see if the new china story is coming through, the rise of the consumer rather than the industrial oriented economy. they

spent $25 billion in 2a hours. industrial oriented economy. they spent $25 billion in 24 hours. we will leave it there. have a think about is whether you are worried about is whether you are worried about being spied on. are you being spied on? hope not! still to come: giving geographical make—overs — we'll be speaking to a company that does re—branding for countries and cities. you're with business live from bbc news. here in the uk, lots of companies have come out with earnings. uk housebuilder firm taylor wimpey has announced that it had strong second half year results, supported by demand for new housing. however, it reported a slight dip in its order book of 8,751 homes valued at £2.2 billion. this compared to last

year's order book of 8,981 houses worth £2.3 billion. a small asmalldip, to a small dip, to sum that up. what does this say about the housing sector? joining us now from bristol, is laith khalaf, senior analyst at hargreaves la nsdown. reading between the lines, the news from taylor wimpey, what does it tell us about the strength of the housing market and the construction sector? it tells us it is pretty strong. it is business as usual, really, if you look at the trends we are seeing. they reflect the picture of across the last year and before that, which is that the house—building sector is pretty robust. it has been helped along by a number of tailwinds, one of which has been low interest rates, of course, but we have also had the help her by scheme which help people

get mortgages as well. —— help to by scheme. there are people who want to own a house but there aren't enough to go around, so demand is high. what about the budget? are their worries that that will be bad for housing or good for it? it seems as though there has been quite a lot of talk about more houses, but do you think it will come to anything in the budget? we will have to wait until next week to see. it is high on the agenda, this home ownership crisis. question is, what does the government do about it? that could befriend or photo for the house—building sector. the way the government has played it so far is, of course, that it is trying to incentivise and encourage homeownership. —— friend orfoe. particularly in the private sector, which has helped house—builders. but

it might affect the government building houses itself, which could in fact take business away from the house—builders. it is up in the air on where we go on that. thanks very much. you're watching business live — our top story: a brexit summit at downing street later today — the uk the uk prime minister will meet european business leaders to hear their views on how to make a smooth separation from the european union. and now let's get the inside track on institute for identity the complicated issue of a nation's identity has become big business. how a state or a region or a country is perceived on the world stage can add millions to its gdp. recent events like the situation in

catalonia, brexit, and donald trump winning the election. natasha grand, originally from minsk, and her husband alex have tapped into. they founded the institute for identity in order to delve deeper into the psyches of some of the lesser known russian states and to brand them to the wider world. how did you start this?” how did you start this? i was working in the city as a political risk strategist. the region i was covering spent a lot of money on making a nice show for themselves but actually all they wanted to say is that they are all right, they have good infrastructure, their ratings are fine, but what they probably did not capture is that it is not what you should be saying, everybody is saying the same should be talking about the about the culture, the ethics in your region, the fact your people are hard—working the fact your people are ha rd—working and want the fact your people are hard—working and want to be leaders. i think this sense of authenticity and what people are really like is quite great for both investors and visitors alike. it's the unique

selling point of a city, a country, that kind of thing, which is surely already out there in terms of what a city needs to do. for some nations, even britain sometimes, struggles inaudible if you talk about lesser—known places, it isn't just if you talk about lesser—known places, it isn'tjust marketing, you have to look at the people. the way they've probably never looked at themselves and say, this is your tradition, your culture, this is how you do things, this is what you should be telling about yourselves. britain is an interesting one. what about england, how would you market england rather than britain? it's notjust england. if somebody doesn't want to set up business in london, how can kent and cambridge compete for this person? cambridge compete for this person? cambridge would have academic flair, biotech start—ups, but kent is closer to europe, manchester... you would think it is the same country but there is still a lot of diversity in terms of people's

values. that is what is essential. it's not just values. that is what is essential. it's notjust selling. it's about discovering these things. give us an example of what you've done. of a city that you've turned around. i know there are some in central asia you've looked at and tried to help, tried to give them identity. we don't give it identity. if what we say does not resonate it won't work. for example, mints, capital of belarus, really lost in what they should be. —— minsk, capital of belarus. programming and software is booming there. don't invite tourist for historic venues, you don't have any, invite them for a conference. it was bombed during the second world war. well, some people say we are career advising nations. it's about finding out what you're good at and about finding out what you're good atand finding about finding out what you're good at and finding out how to package the result. how do people get to know about what you are doing? you

and your husband started this company. i know you because i've interviewed you in the past when you we re interviewed you in the past when you were a political analyst. ifind it fascinating that you birthed a country then you have to get out there and convince the country that you are the person to turn it around and give them identity. —— birth a company. it was probably more difficult, as it was word of mouth, especially with the first examples, trying to prove we knew what we were doing. but we had the background. and we are much more than a two the people company. we have designers, researchers. there is still an appetite for that. does it work? it does. how do you know? it becomes a phenomenon. it's notjust tourism, it's fashion, its music on everything it's like you add a drop of ink into a glass of water...

everything it's like you add a drop of ink into a glass of water. .. do you measure the tourism for finding out your level of success, foreign investment? you know instantly if it works and if the locals start getting infused about it. —— infused about it. if they start promoting a place, if they know what to say about it, if young people want to buy into it, they say, this is our smell, that's how you know. —— if young people want to buy into it, for example, they know what to sell about themselves, that's how you know. how do you convince a whole group of people to change the way they've been doing things forever? you can hire natasha! ceo ashish malik, says it's about appealing to their wallets. my my secret is we have to get inside the head of the customer understand what it is that keeps them up at night. patience is the biggest thing. we

have to understand that changing the mind ofa have to understand that changing the mind of a grower who has been set in their ways for several generations doesn't happen overnight. but we have to ask a farmer, how was it improving your bottom line, how is it making your crop more attractive to their consumers. producing chemicals, things like that, we're bringing value into it. then we use the fact that it is a more sustainable thing. it's like the icing on the cake. you want to find progressive thinkers, people who wa nt progressive thinkers, people who want new technology, and everybody

looks at their neighbours, see what practices they are using, that means it can be more successful, so probably everybody will adopt it the next season. talking about this big investment on japan's softbank into uber. why are they both interested ? japan's softbank into uber. why are they both interested? you probably would not expect this from a japanese internet service provider going into uber. but it looks like a match for both. uber could use the capitalfrom match for both. uber could use the capital from the purchase. match for both. uber could use the capitalfrom the purchase. and softbank diversifying into this industry, being able to change the governance in uber, which they've had a problem within the past. that is an understatement chuckles from the point of view of softbank, it crops up again and again, this company we are talking about a lot.

they've invested in this come and the other, now uber. any of these forward type technologies is a way a company has its roots in the past, or in other areas, can diversify. what is softbank, it's a very diverse company? i don't cover it that much, but it is a huge company injapan. it that much, but it is a huge company in japan. it primarily that much, but it is a huge company injapan. it primarily does the internet service providing injapan, as well. we asked you if you are concerned about being spied on, this is because in the ft they are talking about uk spy masters raising suspicions over capacity software is —— over kaspersky software's russia links. tell us more. nothing is confirmed. it's things like this

softwa re confirmed. it's things like this software was offered for free to ba rclays software was offered for free to barclays consumers. software was offered for free to ba rclays consumers. and software was offered for free to barclays consumers. and there are suspicions from the us and uk that this has ties to some of the intelligence organisations in russia. some of the answers. connie frickley says, i think there is nothing in my life was spying on, so how —— so it is a time and waste of their —— so it is a waste of their time and their money. another one says the government will feel pity on me and sublimely with a decent salary. another one says nothing to hide apart from my wife's christmas presents. chuckles thank you for that. thanks very much for your company, and getting in touch. goodbye. have a good day, goodbye. a cold and frosty start to the day

making it the third consecutive frosty monday morning we have seen now. plenty of brightness and the south, a cloudier story in the north with outbreaks of rain spreading in from the north—west. that rain in scotla nd from the north—west. that rain in scotland could fall as snow or sleet in the high ground and into lower levels in the east for a time, but turning into rain as we get into the afternoon. a lovely bright day for england and wales. the sometimes content england and wales. the sometimes co nte nt hazy england and wales. the sometimes content hazy into the afternoon. —— the sunshine could turn hazy. this is the rain pushing into the north—west of scotland. temperatures not feeling particularly warm. the wind picking up as well. outbreaks of rainfor wind picking up as well. outbreaks of rain for northern ireland. fairly cloudy. more in the way of brightness as we move it —— and moving to england and wales. it will feel quite as cool as —— it will not

feel quite as cool as —— it will not feel as cool as yesterday. this evening and overnight, the weather front will sink south and east, bringing outbreaks of rain and drizzle into central part of the uk. holding onto some clearer skies in the south, allowing attempt is to fall away —— allowing temperatures to fall away, particularly in northern scotland. milder air will be introduced. not quite as cool a night to come. and tomorrow won't be as cold as there will be some mild air. the far north might hold onto some slightly cooler temperatures. some sunny spells over scotland, some showers feeding into the far north, but a largely cloudy day for northern ireland, england and wales. drizzle will be most present in

western areas. a bright start in scotland, outbreaks of rain and drizzle spreading north. again, another largely cloudy day across england and wales. temperatures at a maximum of 13 celsius. some outbreaks of rain for a time in the north—west on thursday, but fresh air, soa north—west on thursday, but fresh air, so a coolerfeel to north—west on thursday, but fresh air, so a cooler feel to things on thursday, and friday will have more in the way of brightness and showers. hello it's monday, it's nine o'clock, i'm victoria derbyshire, welcome to the programme. business leaders from the uk and europe are meeting with the prime minister today. they want to get some sort of deal in place to ensure that trade is not badly affected after britain leaves the eu. also — in britain, they're the silent minority — chinese people rarely feature in the national conversation; but we've learned that their silence when it comes to health can be a matter of life and death; and old cultural traditions can see new mums confined for a month in their homes following childbirth you shouldn't drink cold drinks

during the month, shouldn't really shower will stop hair washing is not allowed. and not going outside the boundaries of your house. we will