today at 5:00pm... fears of a transatlantic trade war: the us goes ahead with big tariffs on steel imports from the eu, canada and mexico. duties of 25% on steel, and 10% on aluminium, will come into force at midnight. the uk government says it's deeply disappointed, while europe prepares to retaliate. it's totally unacceptable that a country is imposing unilateral measures, when it comes to world trade. we'll be assessing the consequences for the steel industry. the other main stories on bbc news at 5:00pm... a crackdown on high cost lending on domestic appliances, but charities say more action is needed to help the poorest and most vulnerable. pig's blood and a make—up artist — more details emerge of how a russian journalist faked his own death. the us secretary of state meets representatives of the north korean leader in a bid

to save the proposed summit. fork ‘andles. there you are, four candles. no, fork ‘andles... handles for forks. the handwritten script for one of the best loved comedy sketches of all time, is going under the hammer. our main story at 5:00pm... the united states has confirmed that it is pressing ahead with its threat to impose tariffs on aluminium and steel imports from the european union, canada and mexico. the tariffs — which will be 25% on steel imports and 10% on aluminium — will begin tomorrow. the uk government has

said it is "deeply disappointed" by the decision. the eu is preparing to retaliate on imports from america. the president of the european commission, jean—claude juncker, has described the us announcement today as "unjustified". this is a bad day for the world trade. the european union cannot react to that without any kind of reaction. so we will immediately introduce a settlement dispute on the wto, to be announced in the coming hours, counterbalancing measures. what they can do, we are able to do exactly the same. it's totally unacceptable that a country is imposing unilateral measures when it comes to world trade. applause. the move — revealed by us commerce secretary wilbur ross —

will affect several key us allies and nato members in europe. mexico and the eu have both said they will impose counter measures. our correspondent kim gittleson is in new york. does it look like we are heading for a trade war? you know, as with anything with the trump administration, it kind of goes back and forth. as early as last week we saw the us treasury secretary steven mnuchin say they were calling a halt to the trade dispute with china, and that no longer seems to be the case. it seems president trump's protectionist trade policies are coming to the fore. what impact will be ‘s proposed tariffs have? to take you back in time to march when the ta riffs you back in time to march when the tariffs were announced. he said it was on the grounds of national security with the trump administration saying domestic steel and aluminium manufacturers here

have been hurting as a result of cheap imported steel. as a result they were taking measures to try to help the domestic industry. that was an argument that wasn't exactly bought by the european union and some of america's closest trading partners like canada and mexico. nonetheless, this is the same rationale in place right now. the question is whether or not these ta riffs question is whether or not these tariffs will remain in effect. the us commerce secretary, wilbur ross, in announcing that harris said that under this rationale, if for insta nce under this rationale, if for instance president trump decided national security was no longer at risk, they could easily remove the tariffs. the question is, when will they go into effect and for how long? do they fear, in the united states, retaliation, because the eu has already said it is written preparing retaliatory measures. has already said it is written preparing retaliatory measuresm is quite astounding that wilbur ross also said he believed there wouldn't bea also said he believed there wouldn't be a significant economic impact here in the united states as a result of the steel and aluminium

ta riffs result of the steel and aluminium tariffs and the proposed retaliatory tariffs. that is a point of much debate here. the european union has already drawn up a list on exports it is planning to impose tariffs on. and those exports are from key crucial states here in the united states is that we have seen things like harley—davidson, bopanna whiskey, from states like ken tuckey, which is one of the reasons why they think it might be politically unfavourable for the us to press ahead with these tariffs. —— bourbon whiskey. that's if some of trump ‘s biggest supporters decide their local industries could be hurt. our business correspondentjonty bloom joins me now. from the british point of view, the steel industry here, how devastating could it be? it's a problem for the industry for two reasons, it sells a fairamount of industry for two reasons, it sells a fair amount of steel to the united states, hundreds of millions of pounds worth per year. but that's

not the main problem. the point is america's but tariffs not only on european steel, but also on mexican, canadian and lots of other countries. the spare capacity has to find somewhere to be sold. that tends to force down international steel and aluminium prices, undercutting our own producers. it would be worse for germany, a much bigger exporter to the us than we are, but the flooding of cheap steel and aluminium around the world is bound to have a knock on effect. which could cost jobs bound to have a knock on effect. which could costjobs in time. bound to have a knock on effect. which could costjobs in timem could. it's quite damaging thing, and this is why people try to avoid trade wars. we have heard the eu will retaliate by imposing on a large amount of american exports into the eu, things like denim and whiskey and harley—davidson motorbikes, very targeted things. it will also have to introduce a system of quotas and tariffs itself to restrict the amount of cheap steel and aluminium that could flood into europe as a result of the tariffs. we are already seeing a potential european response was that this is

the way trade wars start, retaliation and more retaliation and tit—for—tat measures. retaliation and more retaliation and tit-for-tat measures. we were here before under george w bush, he did something similar butjust before under george w bush, he did something similar but just for a short term and the eu retaliated with tariffs. eventually the americans decided was just a short—term measure and backed down. there is also the opportunity to go to the world trade organisation in geneva, where there is a dispute resolution system. the problem with thatis, resolution system. the problem with that is, president trump has been clever by imposing tariffs on national security grounds stop that's very infrequently done, and should only be done in times of war and emergency, but by doing that he has made it more difficult to arbitrate and come to a deal because countries are allowed to do that in emergencies, and that's what he's claiming he's doing at the moment. thank you. and later we'll be speaking to the labour mp stephen kinnock, whose constituency in wales contains many steelworkers. some news coming into us on bbc

news, matt leblanc comedy actor, says he will leave top gear as its main presenter after the next series. that's just coming main presenter after the next series. that'sjust coming into main presenter after the next series. that's just coming into us from bbc studios. there is no immediate explanation as to why. he took over, of course, the hit show, top gear, but matt leblanc will be leaving top gear. it wasjeremy clarkson originally, who left in controversial circumstances. then it was chris evans, and then matt leblanc took over. the star of friends and episodes, who became a presenter of top gear, will be leaving the show after the next series, according to bbc studios. no word yet on why, or indeed if top

gear will continue without him, but matt leblanc is on his way out of that show and we will bring more details and reaction as it comes into us. britain's financial watchdog has announced a crackdown on companies which offer loans with high interest rates. the financial conduct authority wants a cap on the amount that can be charged by rent—to—own firms — where interest levels mean customers often end up paying many times what goods would cost on the high street. but the fca said it needs to do more work before deciding whether to cap bank overdraft charges, as emma simpson reports. doncaster, a town where there are no shortage of stories about the high cost of credit. i've got one with a finance company, it got me into a mess and i've never looked at them since. so i've got a washer, i've got a dryer. this single mum uses hire—purchase, or so—called rent—to—own, to buy big—ticket items. it's basically been about 40 quid

a week that i spend, which is a lot, and i do think the fees they charge is really, you know, expensive. she's one of 400,000 customers using rent—to—own where the costs can be easily three times as much as the off—the—shelf price. the financial regulator is now proposing a cap on these fees and it's looking at a ban on the sale of extended warranties, saving consumers millions of pounds a year. at the moment they are not getting a good deal and we owe it to them. we owe it to the more vulnerable members of society to frankly ensure they get credit on better terms because they need it to buy essential goods and spread the cost. it is frankly not fair at the moment. it's notjust rent—to—own companies like this one which can charge sky—high fees. unauthorised overdrafts from banks can also cost consumers dear. unplanned overdrafts are a big moneyspinnerfor the banks.

they made nearly £700 million from them in 2016. the regulator wants banks to use mobile phone alerts to warn customers about their overdrafts and to help them better manage their accounts. but that's not enough for some. we are really disappointed to see the regulator hasn't taken action today to put a cap on unplanned overdraft fees. it has already taken action in other high cost areas like payday loans and now unplanned overdrafts are more expensive than payday loans in some scenarios, yet banks are still getting away with charging customers rip—off fees for unplanned overd rafts. but the regulator says a cap on overdraft charges is still on the table. its message — more fundamental changes could eventually be on the way to protect vulnerable consumers being exploited. emma simpson, bbc news, doncaster. sian williams is the

director at the financial health exchange at the charity toynbee hall, which works to reduce the poverty gap between people of all social and financial backgrounds. this high cost lending, how, in your experience, will it affect some of the poorest members of society? we run an advice centre where people come in seeking advice on debt. i spoke to an adviser last night and she said she could look up hundreds of cases people who had multiple debts to high cost credit lenders, from catalogues, payday loans and overd rafts charges, and from catalogues, payday loans and overdrafts charges, and those people are suffering with physical and mental stress because of having to pay back, and it also means they cannot meet essential needs like paying for rent, food and essential bills. high cost credit causes stress and exacerbate poverty. how do you think the reforms that have been announced today, do they go far enoughin been announced today, do they go far enough in your opinion? we are excited to see the consultation on a

cap on the rent to own sector, we think that's essential. wheels of think that's essential. wheels of think there's no pointjust regulating a cap on one part of the high cost credit market, we want to see it across the whole of the consumer credit sector. we would like to see a cat that says no matter where you borrow from, if it is consumer credit come you shouldn't expect a pay i% of what you borrow. for every pound you borrow, you shouldn't expect to pay more than an extra pound in fees and charges. people with a £300 washing machine might pay £1000 or more at the moment over the longer term. that's a combination of how it is marketed. the sca bring this out really well in their paper today. often it's about extended warranties. with insurance bundled in and all kinds of clever ruse is on which you then pay interest on top. —— the fca bring this out really well. they are right to say we need to stop those practices and we need to stop those practices and we know there are sectors of the high cost credit sector who want to keep earning higher profits and they will just move

keep earning higher profits and they willjust move their target to another area of high cost credit if we don't cap those as well. a lot of controversy about bank overdrafts, and it seems the banks even under these reforms can still charge high interests on these charges. at the moment the fca will say they will consult on a range of price caps, and thinking in particular about streamlining. for example, there is no difference on a charge you would pay between authorised and unauthorised overdrafts. pay between authorised and unauthorised overd rafts. that's important, but one thing to mention is that consumers know when they have been hit by an overdraft charge that it have been hit by an overdraft charge thatitis have been hit by an overdraft charge that it is high. the fca says it is a small group of people who are consistently using unauthorised overdraft. we know those people know it's expensive, but what we need to look into is why can't they go elsewhere to meet those needs. in the meantime, we should probably cap those costs while we work out better arrangements. your view is that high cost lending is exacerbating the

wealth gap, if you want, the wealth divide in this country and exacerbating poverty. absolutely. we wa nt exacerbating poverty. absolutely. we want people to be able to buy food, pay their rent, have sustainable housing, pay essential bills, and to get on with life. the idea of not being able to just help your children get their homework done because you are too worried about paying bills to a high cost lender, that concerns us, and we see it in households across the country. both in communities we serve in london and other communities across the country. do you think the authorities have been too weak in clamping down on this in the past? absolutely. it's high time we got serious, and the big question is, what is there. this needs to have political and societal conversations about what is fair in this country. if you need to borrow to meet essential needs, and not because you are being frivolous, thoughtless or careless, if you need to borrow to smooth income, particularly in a time when we know there are

increasing income securities, and unpredictable incomes, like zero—hour contracts, if credit is essential to meet your daily needs, then credit needs to be affordable and fairand then credit needs to be affordable and fair and that's a conversation we need to have. more details have emerged of how a russian journalist, working with the ukrainian secret service, managed to fake his own death. arkady babchenko said he used pig's blood and when he arrived at the morgue, he watched the news. he's also dismissed criticism of staging his own death, saying his goal was to ensure the safety of his family. let's hear a little of what he had to say. translation: in the very end, i made that shirt with bullet holes in it and lay on the floor. it was real pig's blood on me. they poured blood over me. i took some of it in my mouth and let it out. they attached some blood clots into the bullet holes. and, i was dead. all of it started at 6pm. and we came to the

morgue at about 10pm. all my clothes were soaked in blood, and naturally, i was freezing. i washed off as much as i could. they gave me a sheet, and so i sat wrapped in a sheet and watched the news about what an amazing guy i was! for me as a journalist... please, those journalists who believe that i crossed the red line, when they come to you and show your photograph, and a photo of your murder planner. when they make you meet your murderer and ask, do you want to survive, or do you want to preserve ethics, morals, cleanliness and spiritual of your profession, you are welcome to preserve the ethics and moral cleanliness of your profession. i chose to survive. this is bbc news at 5:00pm — the headlines... fears of a trade war as the us imposes big tariffs on steel imports from the eu,

canada and mexico. a crackdown on high cost lending on domestic appliances, but charities say more action is needed to help the poorest and most vulnerable. pig's blood and a make—up artist — a russian journalist reveals more details of how his death was faked. and in sport — zinedine zidane quits as manager of european champions real madrid, five days after leading the club to their 13th european title. he won the champions league three seasons in a row and his departure is a big surprise. frank lampard has been appointed as the new manager of derby county on a three year deal — one of two managerial appointments today, with everton naming marco silva as their new boss. and kyle edmund is the only british player left in the singles at the french open. he's reached the third round. but cameron norrie and heather watson are both out. more on those stories from 5:30pm.

president trump has announced that talks in new york between his secretary of state mike pompeo and north korean officials have been very positive. this afternoon mr trump told reporters he is expecting a letter from kim jong—un tomorrow. ijust want to tell you we're doing very well with north korea. our secretary of state has had very good meetings and he is meeting again today. i believe they will be coming down to washington on friday, and a letter is going to be delivered to me from kim jong—un, so i look forward to seeing what is in the letter, but it is very important to them so they will be probably coming down to washington, dc on friday, for the delivery of the letter. and i look forward to that. what is the letter going to say, sir? i don't know. but if you know, steve, let me know. i think it is going to be very positive.

i think it's going to be very positive. the meetings have been very positive. we'll see what happens. it's a process. it's all a process. we'll see and hopefully we will have a meeting on the 12th. it's going along very well, but i want it to be meaningful. it doesn't mean it all gets done at one meeting, maybe you have to have a second or a third. and maybe we'll have none. but it's in good hands. that i can tell you. you know that, actually. thank you. us secretary of state mike pompeo has described today's talks with north korean officials as "substa ntive". there have also been further meetings in singapore and the korean peninsula, to try to revive the planned summit in twelve days' time. helena lee reports. round two of negotiations. north korea's kim yong—chol and the us secretary of state, mike pompeo, resuming negotiations.

the focus, balancing the demands of both their leaders, and trying to get the singapore summit back on track. the two already had a working dinner together at a private residence in manhattan. talks appeared friendly, but the sticking point for the us is what concrete steps north korea is willing to take when it comes to denuclearisation. at the same time, in pyongyang in north korea, another unprecedented meeting. russia's foreign minister sergei lavrov flew in to hold talks with the north korean leader. after, he told reporters he welcomed the direction things were going in. translation: we welcome the contact in the last month, that are developing intensely between north korea and south korea. and between north korea and the united states. and we also applaud the summits that have already taken place between pyongyang and seoul, and the next planned summit between the leaders of north korea and america. president trump says he's

expecting to receive a letter from the north korean leader on friday. what happens next may be determined by the contents of that. helena lee, bbc news. a supporter of the islamic state group who called for an attack on prince george has changed his plea mid trial and admitted a string of terror offences. woolwich crown court has heard how husnain rashid, who's from nelson in lancashire, used a chat group to urge people to target the four—year—old prince. the judge told him to expect a long prison sentence. "all the good women have already been snapped up". "we have one woman already". "the issues covered are extremely complex". these are just some of the excuses given by top companies for not appointing women to senior positions. they were released as part of a report commissioned by the government into gender balance. it's recommending at least a third of board members be women by 2020.

lucinda adam reports. i don't think women fit comfortably into the board environment. the issues covered are extremely complex. most women don't want the hassle or pressure of sitting on a board. these are just some of the excuses from bosses of some of britain's top companies about why they haven't appointed more women to senior positions. we showed them to this chief executive, and campaigner for empowering women in finance. i'm outraged to hear that there are still bosses who are criticising and saying that women don't want to be in these roles. it's a complete nonsense. we are dismissing 50% of the population. we are dismissing brilliant women, and we are dismissing the opportunity to create diverse businesses, which we've proven will create better returns financially, and a better world socially. the government wants women to make up a third of board members at all ftse 350 companies by 2020.

and some research says bridging the gender gap could add £150 billion to the uk economy. if there is a change in culture. often it's in the mid—career point that actions need to be taken. so there are more candidates available for boardroom appointments. but i don't see any reason why men and women should be treated any differently at all. we just need to challenge some of the prejudices that exist. progress is being made. eight years ago, there were 152 companies with all—male boards. now there are only ten. but these explanations from company bosses are being released to shame the few that seem to refuse to change. quotes like, "we already have a woman on the board, so we're done". and, "all the good women have already been snapped up". women don't lack confidence. what women lack often is a confidence in the leadership model, and when they look at the layer above, they don't see how they will fit into a predominantly male environment, and the culture that is there. the review is due to publish

its latest findings next month. companies who still resist the idea that women aspire to reach the same heights as men could risk fines. lucinda adam, bbc news. nhs trusts in england have reported a combined financial deficit of nearly a billion pounds — almost double the amount they had planned for. the regulator, nhs improvement, said the service had endured its toughest winter in a decade, with increased patient demand, especially at a&e departments. ministers have promised a new long—term financial plan for the nhs, which is expected within weeks, as our health editor hugh pym reports. the figures covering hospital, ambulance, mental health and other trusts in england show the finances getting worse. the regulator nhs improvement said a surge in patient demand had affected performance in key areas including waiting times. more than 2,600 patients were waiting longer than 12 months for non—urgent treatment in march,

a 75% increase over the year. the regulator said hundreds of thousands more patients than the previous year had been to a&e but the nhs didn't buckle under pressure. today's report says that nhs trusts in england had planned for a total deficit of 496 million for the financial year which ended in march. but the actual figure was 960 million, higher than the £791 million the previous year. some analysts argue the underlying position was even worse. there's a lot of windowdressing in today's figures which are bad enough on the face of them. but they are flattered by the very large amounts of one—off emergency funding which will not be available in future years, one—off savings, and also one—off sales of land and property that the nhs has managed to find last year, but obviously you can't sell a spare hospital building every year. nhs leaders argued there were significant challenges for the service creating intense pressure on hospitals and other

trusts and their staff. we've got rapidly rising demand, so 3.5% more people coming to a&e every year, we've got really big workforce shortages — 93,000 vacancies — and we are in the middle of a very long and deep funding squeeze. so there's a real issue about the pressure that the nhs is under. if you think about those pressures it's actually quite a good result, but we now have to do something to put the nhs on a long—term sustainable footing. the prime minister says she's planning a new long—term strategy for nhs funding in england, and that is expected within weeks. hugh pym, bbc news. let's get more now on the news that matt leblanc will be leaving top gear after the next series. david sillito is here. the statement says, it's time

commitment, extensive travel required to present top gear takes me away from my family and friends, all that i am comfortable with. it's u nfortu nate, all that i am comfortable with. it's unfortunate, but for these reasons i will not continue my involvement with the show. there will be a fourth series and he will do that one, but it's very time consuming to do all those films and travelling around the world. it seems amazing to me that it will be his fourth series because it seems only a moment ago that he was there replacing clarkson, richard hammond onjames replacing clarkson, richard hammond on james may after their various dramas that caused a big transformation in top gear. many wondered whether the programme would survive, but it has, still shown in many countries around the world. it gets an audience of around 3 million still in the uk. he has helped keep top gear on the road, but at the end of the next series, it will be end and they will have to look for another main presenter. david, thank you very much. chelsea football clubs

russian billionaire owner, roman abramovich, has put on hold plans to redevelop its stamford bridge stadium — and it's being seen as a retaliation for delays in renewing his uk visa. the estimated cost for a new 60,000 seat stamford bridge would be around a billion pounds. we can get more from sports correspondent richard conway who is at sta mford correspondent richard conway who is at stamford bridge. is it true that this is a retaliation by mr abramovich for the delays we have seenin abramovich for the delays we have seen in him getting a british these are? officially, chelsea say that the reason why the redevelopment of sta mford the reason why the redevelopment of stamford bridge has been put on hold is because of an unfavourable investment climate. but it's my understanding that roman abramovich does see this as a personal decision. he sees this as him not going ahead with the redevelopment

because of the difficulties in renewing that visa. he has been waiting for a number of weeks for that to happen. and this comes amid diplomatic tensions between london and moscow following the sergei skripal poisoning case, that former russian spy. mr abramovich, an ally of vladimir putin, has recently applied and been granted israeli citizenship, allowing him to come to the uk to visit, but does not allow him to work. i understand that personal decision to stop investment at sta mford personal decision to stop investment at stamford bridge is on that basis. in terms of the team itself, the investment he has been putting into that since 2003, that remains u naffected. that since 2003, that remains unaffected. but we will not be seeing the redevelopment of stamford bridge any time soon. it was due to be6 bridge any time soon. it was due to be 6 million bricks, the same architects that made the beijing bird ‘s nest stadium, but those plans are now on hold and it looks like that will remain the case while this stand—off over his visa continues. now the weather. the skies were blue

earlier on today. you wouldn't think it by that particular picture. because the clouds have gathered in the south over the past few hours and the met office have an amber weather warning in place for the southern half of wales and much of southern half of wales and much of southern england. it took a while, but it has now crept west. some heavy down pours and some flashes of lightning. that amber warning rolls on through the evening and into the first part of friday. it finally i’u ns first part of friday. it finally runs out about six o'clock in the morning. in the north a quiet spell of weather. a humid night. especially in the south. 15 or 16 as your minimum. on friday, here we go again for wales and the midlands and the south west, you have probably

got used to the thunder storms. further north that is a different kettle of fish for scotland and northern ireland, thunder storms tomorrow. highs of 24. this is bbc news — the headlines: fears of a transatlantic trade war — the us goes ahead with big tariffs on steel imports from the eu, canada and mexico. a crack down on high cost lending on domestic appliances, but charities say more action is needed to help the poorest and most vulnerable as regulators fail to bring in caps on overdraft charges. pig's blood and a make—up artist — more details emerge of how a russian journalist faked his own death. he says his first thought was to stay alive and keep his family safe. matt leblanc has revealed he is leaving top gear after the next series. he says he is stepping down because the job keeps him away from family and friends.

sport now, here's hugh ferris. it's been a busy day for football managers — with one out, and two in. the out is perhaps the biggest shock — not many predicted the departure of zinedine zidane from real madrid having lifted the european cup just five days ago — his third straight champions league title. he made the announcement at a hastily arranged press conference at lunchtime, following that 3—1 victory over liverpool in last weekend's final. he took over injanuary 2016 and has won nine trophies in the two and a half years since and leaves saying it was time for a fresh voice in the dressing room. translation: this club needs to keep winning and for that, it needs a change. after three years, it needs

a different voice a different work method. that is why i made this decision, because i really love this clu b decision, because i really love this club and also the president who gave me the chance to come as a player to real madrid, this great club. for that, i will be forever grateful. and as zidane departs the managerial stage for now at least, frank lampard begins his the next stage in his career at derby county after signing a three year deal. he spent 21 years at the top as a player with west ham, chelsea and manchester city before moving to the states where he ended his professional career. derby finished sixth in the championship last season, missing out on promotion to the premier league after defeat in the play offs. having had a long career, i knew the road i wanted to take was towards management. so when i finished i

worked quickly into my fa coaching badges, which i've achieved and i'm excited, i can't wait to get to work. having had the career i have had, i was always determined to win. i worked hard and it is still in me. that is the thing when you finish playing, you can't take away that desire. and everton have appointed marco silva as sam allardyce's replacement at goodison park. he was a target for the club back in november, but was manager of watford at the time. following allardyce's sacking after six months in charge the portuguese coach comes in on a three year deal. kyle edmund is the only british player left in the singles at the french open after booking his place in the third round. he came past the hungarian marton fuchovich in four sets. he won the first set 6—0, but dropped the second 6—1, before winning the next two to progress. cameron norrie though is out, resuming his match with lucas pouille which was stopped because of bad light yetserday. he attempted to pull level to force a fifth set but lost it on the tie break to the 15th seed.

britain's heather watson is also out — losing to the 16th seed, belgium's elise mertens in straight sets. it continues a bad run for watson who lost eight matches in a row in the lead up to roland garros. england have not yet named their team to face pakistan in the second test tomorrow as they continue to assess ben stokes's injury. the all—rounder has been in the nets this morning ahead of a scan on his calf injury this afternoon. sam curran has been put on standby, but it would be a blow to lose stokes with england already one down in the two test series. until we know what's, how serious an injury it is, it is hard to make decisions, because of that we can't namea team decisions, because of that we can't name a team today and of course if ben's fit we want him in the side. he is one of our best players. he

brings a lot to the table. and he offers so much to this team. so until that happens, it is very difficult to make any sort of decision. but everything's on the table. that's all the sport for now. you can find more on all those stories on the bbc sport website. the creative industries are one of this country's success stories — contributing more than £90 billion a year to the uk economy. with only ten months to go before the uk leaves the european union, people in the sector are asking how they'll be affected. well, bbc news has been spending the day examining the imipact of brexit on the creative industries. our arts correspondent david sillito has this report. what you're looking at is the work of a british company called jellyfish, which isjust a part

of the uk's fast—growing visual effects industry. this is rogue one, star wars, we've done a lot of work on star wars within the last two or three years. this is really high—end hollywood stuff, though. yeah, and we are one of the — if not the leading centre for doing visual effects animation in the world. this has become very big business. there are more people making special effects in the uk these days than work in the coal industry. but what's really striking is how international the workforce is. as you can see everyone's busily working away here. this fellow‘s from spain, poland, ireland, belgium, sweden. well, if we're going to really show you what it's like here we've got to get everyone together. here they all are.

now, if you take away the workers from other european union countries you begin to see just how much they rely on access to european talent. and, what's more, all the technology and software is stored remotely on cloud computing. the office just needs a good internet connection. the only reason they're here is because of the people. this office in particular has no computers — it's silent, it's very rare in our industry. that gives us the ability to pick this up and move it to where the talent is, and we will do that if we have to, and many of us are already doing that. but what of other parts of the so—called creative industries? this is the city of birmingham symphony orchestra. colette overdijk is from holland. her orchestral life began in the eu's youth orchestra, which was based in the uk and is now moving to italy. you feel part of one big european family and it feels very sad

that this is now ripped apart. but for the man in charge, leaving the eu is all about practicalities. much of their income comes from touring europe. if we had to go and sort out visits to embassies, visas, work permits, all of that, just to go to germany, france or the netherlands actually those tours become non—viable, which is a problem because we rely on that income but we also rely on that reputational pull. the same is true, frankly, of the instruments. paperwork for every instrument crossing every frontier is not what they want. so there are many questions. but the big issue, though, is how can we continue to grow our creative exports and it is possible the new trade deals we are going to do with the rest of the world will assist that. but there is a caveat, and that is the creative industry is really about selling digital packages around the world. you don't need lots of rules, regulations and standards for that. and we don't want the new trade deals we do to say you should run yourselves differently.

so there are hopes that brexit could help unlock new global trade deals, but there is clearly still much to resolve. david sillito, bbc news, birmingham. miriam elia is a british artist — who is part of the group ‘artists4brexit‘ —and is here with me now. also i'm joined from glasgow by lis tribe — managing director of the publishing house — hodder education. liz, what do you think the impacts of brexit are likely to be on britain's creative industries, which have hugely valuable. that's right, the publishing industry is part of creative industries. we are important in our right and in the way we contribute to film, television and plays around the world. brexit could be a very good thing. we are excited about the

opportunities. one in particular is the reclaim the ability to set our own vat rates. the eu imposes rates on e—books and audio books and consumers have to pay 20% more on them as opposed to vat books. so the hard—of—hearing them as opposed to vat books. so the ha rd—of—hearing and the them as opposed to vat books. so the hard—of—hearing and the visually impair rd paying an extra tax. that isa impair rd paying an extra tax. that is a positive. some. some members have said they're worried about the free movement of talent and funds for the creative industries and so on. yes and that is a concern. like the other creative industries, we rely on talent from across europe in oui’ rely on talent from across europe in our publishing houses, as our authors, the translators who bring across different ideas from across the world and we would be concerned

if that talent move as freely as it can now. miriam, you're a british artist, you voted for brexit obviously. yes. do you have any concerns that that you know curtailment of free movement of people will have any impact on the a rts people will have any impact on the arts in this country? ? in some ways it will. but 46% of students coming to study art in the uk are non—e you members and they don't get a fair treatment after their work, they don't get work placements and are sent home. perhaps we could make a more equal setting for both eu and non—eu members can stay here, work here and contribute. you think it is potentially a time for opportunity? absolutely. but in terms of the creative industries federation, the umbrella group that looks after the

creative industries, 96% of their members voted remain. so they clearly feel that actually leaving the eu could be damaging. well, it could be damaging. i don't think it will. it is a blank canvas and ple nty of will. it is a blank canvas and plenty of artists voted brexit, but because of the climate after they voted, they didn't talk about it. these are illustrators and writers and many live outside london, so london does have the creative pool, but brexit is a fantastic opportunity to nurture talent all over britain. the eu budget for the creative industries was 40 million a year and to put that in perspective, the royal opera house takes 26 million from our own lottery and our owi'i million from our own lottery and our own arts council. so they didn't put in that much. it is not a huge loss. we should be able to recompense

anything we are not going to get. generally it could be a great thing. you say it could be a great thing. liz tribe, the federation said they're worried about the impact of brexit, including on your own. do you share some of those? yes we have concerns. you mentioned funding. funding from the eu has underpinned a lot of research in this country. and just today i think reported in the the guardian there is a concern about the impact on our academic and research community, which impacts the publishing industry as well. we know that this industry, if we take it very broadly, music, television,

movie—making, it does contribute billions and billions of pounds to the uk industry and maybe it has been seen as a soft industry, bit is crucial. it is interesting in 2013, 5.2 billion pounds were generated by arts and culture. 86% went to non—eu countries. only 16% was relevant to the eu. which shows even if we did leave there would still be a market for our work abroad and be those connections. i refuse that everyone would stop making things. whatever your views on brexit, you think we have to make the best of it and the creative industries have to make the best of it? i think that's right. it is going to happen. there are opportunities, we are a strong exporting industry in publishing and there are opportunities for us outside europe. so yes. thank you. this is bbc news at 5 —

the headlines: a crack down on high cost lending on domestic appliances, but charities say more action is needed to help the poorest and most vulnerable. pig's blood and a make—up artist — a russian journalist reveals more more details of how his death was faked. ronnie barker's famous ‘four candles' sketch is set to sell for £40,000 at auction tomorrow. the handwritten classic scene — voted the best—ever two ronnies sketch — was first aired by the bbc in 1976 and features barker trying to buy handles for garden forks from ronnie corbett only to be given candles instead. let's have a look at

that classic scene now. fork ‘andles. four candles. here you are. four candles. no, fork ‘andles. well, there you are, four candles. no, fork ‘andles. ‘andles for forks! andrew stowe is from east bristol auctions and will be selling off the script to the highest bidder tomorrow. he joins us from bristol. it is such a great scene and phenomenal that we have the original hand—written script of that scene? it is absolutely wonderful to have

such an iconic piece of british comedy history here in person. it is really lovely. there is a lot of history to it. someone had dumped it in the rubbish. it came to light on an episode of the antiques road show in 2006 and some people came across it in the bottom of the drawer and they thought that might be worth something. we are looking at some pictures of it there. people have seen that sketch so many times. extraordinary to see it there sort of written out in hand. it is wonderful. yes, absolutely, the most wonderful. yes, absolutely, the most wonderful thing is as you have done yourself, it makes people laugh and that's made people laugh for some 40—odd years and will continue to make them for another 40, 100, 200 yea rs. make them for another 40, 100, 200 years. i think people laughing at me

saying candles instead of handles. you reckoning it will go for £40,000. didn't it sell for more than that a few years ago. after it was discovered it fetched £48,500. the vendor is the same person who bought it then. he just wants to pass it on to a new loving home. it isa pass it on to a new loving home. it is a once in a lifetime chance to obtain this item. have you ever auctioned anything like this before? it is 100% unique. in my entire career i will never come across something as personal as this. so how will the auction proceed, do you think you will have mystery buyers. we have had interest from around the world, we have online bidders and

phone bidders. it could go for more than 40,000 if you get some addict of the two ronnies. yes, we live in hope. you have auctioned manuscripts like this perfect? no, this is a first for us and it is difficult to find things like this, things like just don't come along each day. it isa just don't come along each day. it is a unique experience. when did you hear about this. we heard in november. i have had it in my office for six months. i'm like a star of dr who, for six months. i'm like a star of drwho, i for six months. i'm like a star of dr who, i have been having to keep it secret. i'm pleased the secret is out there. you're looking forward to the auction. yes it will be really exciting, i cannot wait to see what happens. good luck with that.

good luck with that. more now on our top story and the united states says it will press ahead with its plan to impose tariffs on steel and aluminium imported from the eu, canada and mexico. the duties of 25% on steel and 10% on aluminium will come into force at midnight. the european commission president, jean—claude juncker, called it a bad day for world trade. here the government said it was "deeply disappointed" by the decision. the us commerce secretary, wilbur ross, has defended the action. the tariffs are a fraction of 1% on products. the beer, soft drink and soup cans, it's all a fraction of a penny on each of those. in terms of

an automobile, it is also a fraction of 1% and for the economy over all, it's a very small fraction of 1%. stephen kinnock is mp for aberavon, which is the home to port talbot steelworks. he's in swansea for us. thank you for being with us. what is your view of these new tariffs and how damaging do you think they will be to the british steel industry? this is deeply worrying news and potentially very damaging for the british steel industry about 14% of oui’ british steel industry about 14% of our steel goes to the us. we have had a tough two years in port talbot, but we are getting out of woods. the situation though is still fragile and i'm worried that these ta riffs fragile and i'm worried that these tariffs could tip us back into the crisis. they're also self defeating

when george bush introduced tariffs in 2002 it led to the destruction of 200,000 jobs in america and bush had to do 200,000 jobs in america and bush had todoa 200,000 jobs in america and bush had to do a u—turn and he was left with 999 to do a u—turn and he was left with egg on his face. i'm sure the same will happen with trump and he is also attacking the wrong enemy. the dumped steel in the global market is coming from china and not from europe. these scatter gun tariffs are self—defeating for the american economy and troubling for the british steel industry. i hope that there is still some room for negotiation. the eu we understand is preparing to announce retaliation, tit—for—tat if you like, surely that just creates a trade war once you respond. there are no winners in a trade war. but i think retaliation is the only option. because president trump can't be allowed to

get off scot free with these self—defeating tariffs. so i think he has got to also feel the pain and you look at some of the swing states he is claims he is doing it for, well they're the same people that will be affected by tariffs from the eu on the products that the eu chooses to place tariffs on. it will be done to cause political damage to trump. that is what happens with a trade war. it is a vicious circle and doesn't help anybody. but trump has fired the starting pistol on this. there has to be some punitive response. i hope we will see more action from the british government, getting around the table with our european partners and trying to get our voice heard. we have been told after brexit the great thing is we will all these trade deals with countries such as the united states. do we think that the behaviour today

from donald trump is the behaviour ofa from donald trump is the behaviour of a friend or do we see it as the behave year of a country that is going to potentially cause damage to the british economy. you say he has fired the starting pistol, but he talked throughout his campaign about protecting the american steel industry. that is right. of course we had the dry run a month ago and then a stay of execution. so there is no surprise. it is shocking, but not surprising. but he fundamentally thinks that he is playing smart politics, but if you look at what happened with the bush tariffs in 2002, it is self—defeating. because the steel that is coming from the united kingdom is high quality, high value added steel going into the white goods industry, into the american car industry and they're thejobs american car industry and they're the jobs that will american car industry and they're thejobs that will go american car industry and they're the jobs that will go if this steel supply dries up. it is steel that isn't being made in the united states. that so they're not able to

fill that gap. there is a massive risk here of course which is what we call displacement dumping. the 25 million tonnes that won't get into the united states will have to ends up the united states will have to ends up somewhere. there is a risk it will be dumped in europe and big issues for the community in port talbot that i represent. thank you very much. now the weather. no more straight forward on the the weather front. there were blue skies across the west of wales and the south—west. but things have clouded up south—west. but things have clouded up and turned wetter. and the met office now have a weather warning in force for thunder storms widely across southern wales and the south of england. we have watched this band of cloud rolling across the channel from about eight o'clock this morning. brought the first rain

into the south—east. and through the day the showers and thunder storms are working their way further west and you will see in the past few hours the heat of the day poured through and it has begun to spark off some thunder storms. i heard 21 millimetres of rain falling to the south of london that's caused some flooding and we continue tonight with the storms becoming confined for the most part to wales and the south west and the west midlands on another close night. elsewhere a quiet night. in northern britain. that is not set to last. i'm flagging up the issues about flooding. because these storms are going to manifest themselves in parts that haven't seen them so far and as we get on through the door they will push across the solway into the southern uplands and then the central belt of scotland and it could be tricky on the m8 or into

northern ireland on friday you could encounter a lot of surface water and spray. that pattern having been established for the showers tending to move north. the best of sunshine in england and wales. it will feel warm. still issues around the coastal fringes of the british isles. saturday of showers and thunder storms for scotland and northern ireland and the odd one down the eastern side of england. in inland areas a glorious afternoon. watch out for the strength of the sun. quite fierce at this time of year. about to change the day for you. sunday, fewer showers in scotla nd you. sunday, fewer showers in scotland and northern ireland. the odd one on the east. top temperature about 25 degrees. a crackdown on high—cost lending —

the financial watchdog wants to cap the amounts charged. it comes after reports that some people have paid hundreds of pounds more for essentials than their high street cost. i've got to pay this, because i don't want to see my kids go without what they want. and that's the way i've looked at it, and i think that's the way a lot of parents would look at it. we'll be looking at the difference the proposals might make to consumers. also tonight — donald trump holds talks with one kim at the white house — and says he's feeling positive about the other — kim jong—un. the us slaps duties on aluminium and steel imports from the eu — britain says it's deeply disappointed. why has roman abramovich, chelsea football clubs russian owner, put plans for a new stadium on hold?