the chief economist at the bank of england says apps like spotify are key to gauging the "mood" of consumers. the financial times says a painting sold by the metropolitan museum of art in new york five years ago — because it was deemed unexceptional is in fact a masterpiece by flemish painter, peter paul rubens. it's now being re—sold by its new owner for up to $5 million. ouch! so let's begin. with me is oliver cornock, the editor—in—chief andmiddle east managing editor at oxford business group. it is good to see you. a story you would have a lot to say about. a quiet dramatic televised event on the part of the israeli prime minister, benjamin netanyahu, pulling the curtain across and revealing all of this information about what iran has supposedly been up about what iran has supposedly been up to. first it came down and it was the files. then the second curtain, dvds. very odd and very staged. the

us met with israel on sunday to discuss this. you cannot help but feel this is part of the border buildup to donald trump's look at this iran deal, on the 12th of may, he will make a decision. one of the things that characterises donald trump is his random approach to foreign policy. so rhetoric in this stage—managed negotiation seems part in parcel of that. step back and look at this. it is part of this cranking up the rhetoric around iran. it is interesting. we have the arab news, the saudi paper, interesting, the archrival, iran, but also in the past, israel. benjamin netanyahu is being endorsed by what the saudis is saying, a very odd reflection of power politics in the east. what will happen on the

12th of may, it is difficult to know what president trump might do. it was part of emmanuel macron‘s mission to try to persuade the us to remaina part mission to try to persuade the us to remain a part of the 6—nation agreement with the un and others to continue with the iran nuclear deal that was brokered in 2015. president trump, speaking about this in a press c0 nfe re nce trump, speaking about this in a press conference yesterday with the president of nigeria, mentioning that he said this is one of the worst deals ever. 10096 that he said this is one of the worst deals ever. 100% right. that he said this is one of the worst deals ever. 10096 right. to me, thatis worst deals ever. 10096 right. to me, that is part of the donald trump way of doing things. interestingly, president macron of france, merkel of germany, and may of the uk, saying they want to fix, not nix, this deal. no one wants any more the stabilisation of the middle east. anyone who wants that is very

dangerous. —— destabilisation. benjamin netanyahu dangerous. —— destabilisation. benjamin neta nyahu feels dangerous. —— destabilisation. benjamin netanyahu feels with donald trump in power that he has a voice and audience, and he was playing to his audience. a real audience and a real stage. another story. this is a story breaking about this time yesterday. very sadly, we lost one of our journalists, yesterday. very sadly, we lost one of ourjournalists, ahmed shah. he was based in afghanistan. nine journalists killed, up to a0 people, actually, many children. ten children, 30 civilians to be one of the deadliest days for some time. one of the worst days. in the broader context of afghanistan, sadly, i would broader context of afghanistan, sadly, iwould hate broader context of afghanistan, sadly, i would hate to use the word "normal," but it is just another bombing in kabul, afghanistan. it is

worrying that the security services turned up to deal with first the initial blast and a secondary device, something that terrorists all over the world are using, get people around and then detonate. gruesome. what it does speak to is that the taliban still controls up to a0% of afghanistan. with islamic state now in retreat from the arab world, they are being bolstered. it is looking very fractured again. afghanistan is looking very fractured again. afg ha nista n really is looking very fractured again. afghanistan really is one of the most entrapped in the world. more so than syria, you feel? comparisons are odious. but looking at afghanistan, it has not been a homogenous state for a long time. one could ask what kind of police deal could be negotiated 7 one could ask what kind of police deal could be negotiated? there was a deal in discussion with the taliban that it has fallen apart. —— peace deal. the top story yesterday

was that amber rudd had resigned. at this point we did not know who the replacement was. sajid javid is the new home secretary in the uk. this is the front page of the guardian. it has led with this because of the windrush scandal. one of the first things he has said in parliament is he will put that right. he says it isa he will put that right. he says it is a top priority, as indeed he distanced himself from the idea of creating a hostile environment for illegal immigrants. of course, sajid javid, a pakistani britain, i hate this word, we have seen bame, "black and minority ethnic." this is a great story. he came from pakistan in the 60s, his father. went into

politics after working in a bank. this has been a recurrent theme. talking about europe, immigration needs talking about. from your perspective, a great choice in terms of the immigration story, but what about brexit and what it means for theresa may's cabinet, because amber rudd was a very strong remainer, and toa rudd was a very strong remainer, and to a great degree, an ally for theresa may. javid? to a great degree, an ally for theresa may. javid ? not to a great degree, an ally for theresa may. javid? not so? to a great degree, an ally for theresa may. javid? not so? he is in the middle. it will be a nice balance. it be to see how he fits in in public. —— it will be interesting to see. there is an important meeting coming up. theresa may needs a strong team around her. evidence suggests that he doubted has good support in the uk. ——javid. he will

help to bring in the minority base which the conservative party have had trouble with. basically it seems the house of lords is determined to enable parliament to have its say about how we leave the eu. fascinating. the daily telegraph. it, of course, has benjamin netanyahu on it, of course, has benjamin neta nyahu on the it, of course, has benjamin netanyahu on the front page. that is the picture. it is an interesting story. it is notjust the telegraph. reuters and others have it. the chief economist at the bank of england was talking about how they gauge the mood, as it were, what would affect sentiment of consumers, what would affect spending in the uk, and he is somebody that is known for his alternative views on things. yes, he is. he is talking about looking at spotify, what we watch on

telly, the radio, playlists, to get an idea of spending. it seems a whimsical story. but an idea of spending. it seems a whimsicalstory. but think an idea of spending. it seems a whimsical story. but think about the post—war environment. upbeat and happy musicals coming out. it is a good way to look at things. sentiment is everything. investors wa nt to sentiment is everything. investors want to know about sentiment. it is a good determinant of figures. interest rates and so on. sentiment is everything. consumer confidence is everything. consumer confidence is important. if we can get that from big data like spotify. the data has come under a lot of criticism. but this is using it in a novel and interesting way. let's finally look at this auction of the £5 million pricetag on a painting that the metropolitan museum of new york

decided was not exceptional and gave ita decided was not exceptional and gave it a way. we all make mistakes. big misstep. there are two sides to this story. many of these pictures were. . . this story. many of these pictures were... these great artists had followers, there were people in the school of reubens and so on. this had fallen with regards to their assessments. this man boarded for an inflated rise above the auction lot price. maybe he suspected, this buyer, we don't know who it is, the person who owns it, and the met, if they had all of this going, why did they had all of this going, why did they not do some research with their resources ? they not do some research with their resources? they were not in a hurry. thank you for your company on the briefing. have a really good day. we will see you soon. goodbye. good morning. a bank holiday weekend fast approaching, and what we want is blue sky and sunshine,

perhaps even the thought of heading down to the beach. well, we did have beautiful weather out to the west as you can see from this weather watcher picture here in east lothian. on the kent coast, not the greatest of days. 50mph winds and heavy, persistent rain. in fact, some areas of kent on monday saw over a month's worth of rain. it was miserable along the coast of essex, sussex, and kent, wasn't it? i can offer you something better through today. in actualfact, the rain is clearing away and underneath those clear skies it's going to be a chilly start to tuesday morning. that's certainly worth bearing in mind if you're up and off early. temperatures will fall below freezing in the far north—west under the clear skies. but it will certainly be a drier start. for much of central and eastern england. under this little influence of high pressure, well, things will stay quite quiet before this next weather front arrives. it is going to move into western areas as we go through the day, so get out and enjoy the weather first thing. it will be a better day in eastern scotland and central and eastern england. clouding over a little into the afternoon, but feeling much better. the winds strengthening

on west—facing coasts and we'll see rain by the end of the afternoon, some of it heavy in the north—west. highest values, 9—15. tuesday into wednesday, the weather front will continue to go steadily east bringing rain with it as well. a wet start for much of england and wales. the rain slowly easing, but not clearing eastern england through much of the day. behind it, the winds will swing round to a north—westerly. there will be some sunshine, but quite chilly for this time of year. 8—12 at the very best. but as we move out of wednesday into thursday, it looks like we'll start to see an area of high pressure building from the south—west. it may well bring a little bit of cloud and showery rain into northern ireland and scotland for a time on thursday. cloudy skies generally on thursday. but predominantly dry for many, with highest values of 11—16. as we move out of thursday into friday, the high continues to build. the wind direction swings around to a south—westerly, dragging milderair up from the south. all of this bodes well for the start of the bank holiday weekend. if you have got plans, you may even be able to head to the beach, dare i say it, because we're likely to see temperatures peaking in the low 20s.

it'll be dry, settled and sunny for most of us. hello, this is breakfast, with louise minchin and dan walker. britain has backed what it calls a vitally important nuclear deal with iran, after claims tehran secretly tried to develop weapons. the israeli government says it has discovered files showing iran had a nuclear arms plan, in breach of the deal. the us has supported the accusations. good morning, it is tuesday1 may.

also this morning: a court rules that one of the most senior figures in the roman catholic church, cardinal george pell, will stand trial on multiple charges of sexual abuse. calling time on low—cost alcohol in scotland. a minimum unit price comes into force today.