this is business live from bbc news with vishala sri—pathma and sally bundock. the brexit action moves to brussels where the 27 remaining countries meet to discuss the draft withdrawal agreement and finalise a joint political declaration on future relations between the eu and uk. live from london, that's our top story on monday 19 november. it's a crucial week for brexit — as theresa may presses on with selling her deal in the uk — while eu ministers meet to discuss future relations between britain and europe. and a power struggle in india — where a debate is raging over the independence of the central bank ahead of an election year. markets. . .they‘ll be paying special attention to the british prime minister today — who is hoping to get

business leaders to back her brexit plan today. and we'll also be hearing the story of one entrepeneur who decided to start her own bank for women in rural india. they were not getting loans from any other banks. google is patenting new smart home technology that would scan your home, then offer you content based on what it detects — is this progress, or a huge invasion of privacy? let us know — just use the hashtag bbcbizlive. hello and welcome to business live. welcome to programme. theresa may is set to renew her efforts to sell her draft brexit withdrawal agreement. mrs may will address the business lobby group the cbi today at its annual conference in london. meanwhile ministers from the remaining 27 eu countries are meeting in brussels ahead of the deal being

finalised on sunday. our correspondent adam fleming is in brussels with the latest. a lot of focus in the uk on parliament passing disagreement. but what is the agenda in europe? last week all the focus was on the withdrawal agreement, the divorce terms which has been controversial in the uk. this week the focus is on the future relationship which will come in the form of a separate document known as the political declaration, probably 20 pages long, quite broad but covering lots of areas in the future relationship, like trade, energy, security, universities and research, you name it. that is what the uk government will hope makes the divorce deal seem will hope makes the divorce deal seem a will hope makes the divorce deal seem a bit more palatable. it only exists in the moment in a six and a

half page outline, but is happening this week and this morning, when european affairs ministers meet in this building, they will try and flesh out the six and a half page outline to turn it into the 20 page final, final document. theresa may will be here at some point midweek to speak to the president of the european commission jean—claude juncker, to finalise the deal, the package will be ready to be approved by eu leaders, the remaining eu countries and mrs may at an early summit in brussels on sunday. as far as the eu is concerned that is their job done. the whole package goes to westminster to be approved and members of the british parliament. lots to get through, we will leave you, iam lots to get through, we will leave you, i am sure you have some ministers to be chasing. thank you bearing much. today ministers from the eu27 are meeting to discuss the deal, and finalise thejoint political declaration on future relations between the eu and the uk. so what are the big concerns for europe? first up, the divorce bill — the draft withdrawal agreement

includes a "financial settlement" from the uk, thought to amount to around £39 billion or about 50 billion dollars which is contigent on a withdrawal agreement being signed. northern ireland is also a key concern for the eu — it exported around 6 billion dollars worth of goods to the eu in 2017. the draft agreement says the eu would work with the uk to agree a trade deal in order to avoid physical checks on goods at the border. if talks fail, the so—called "backstop" measure would be used to keep the border open. the uk's biggest eu trading partners — like france and germany — have also had worries over the maintenance of so—called "level playing fields" on competition, state aid, employment, environmental standards and tax. this would ensure that uk businesses don't undercut eu industry. and the draft agreement gives london's financial centre only a basic level of access to the eu's markets similar to that enjoyed by us and japanese firms.

it would be based on the eu's existing system of financial market access known as "equivalence" — a watered—down relationship that brussels has said all along was the best arrangement that britain can expect. joining us from brussels is pieter cleppe, head of the brussels 0ffice at the open europe think tank. good to see you again. a lot to get through, a political declaration on the future relationship between the uk and eu, will that help theresa may cell breaks it in the uk?” think it's going to be very hard. it looks like many in the uk parliament are against the post—withdrawal agreement. the european union countries have said they are willing to put any different offer however there were rumours last week coming

from the bbc that in case the uk's parliament voted down the withdrawal agreement that the eu may be willing to tinker it a little bit. so then you can ask yourself the question why waste time, why let it come that far? the clock is ticking, a no deal will be catastrophic for both sides. why don't we try to re—negotiate something that is clearly unacceptable something that is clearly u na cce pta ble to something that is clearly unacceptable to both sides? what is likely to be tinkered, which issues do you think is their wiggle room as far as brussels is concerned?” think for this very problematic for britain, not so much ruling for one period but giving a veto to the european union over when it can leave that possible will take status. that is something that would

need to be changed, of course, you can completely understand ireland, they are very afraid of a hard border in northern ireland and of course britain is not one bad but the question is is a veto for the eu recovering its trade policy the right instrument? secondly, the role of the ecj, the top court of the eu is probably much too big, it's not normal in an international treaty in case of disputes, the arbiter will be the top court of one of the two parties. now the ecj only has limited jurisdiction but i think the jurisdiction is currently has is probably way too generous. and quickly, one guessed i was talking to earlier in brussels from the lisbon council, another independent think tank, the boss of that was saying unity in brussels among the 27, is that your perspective? well,

toa 27, is that your perspective? well, to a certain degree there is but then on the other hand, i am hearing that they are pushing, the eu 27, not to make any demands to change the current draft withdrawal treaty. a p pa re ntly the current draft withdrawal treaty. apparently spaying is not overly happy with what has been drafted with regards to gibraltar. i think ultimately whenever you talk about divorce issues, the eu 27 are united, then it's about the citizens, asking money from the uk, of course they all agree on that. talk about trade, they are as divided as would any other eu trade deal organisation will be. we are going to have to leave it there but thank you so much. busy day ahead, isn't it? let's take a look at some of the other stories making the news . mining giant bhp billito says it had signed an agreement with australia's tax authorities to settle a long—running dispute over the global miner's operations in singapore. as part of the deal, the world's largest miner will pay a total of about around 387 million

us dollars in additional taxes on income for 2003 to 2018. the melbourne—based miner has already paid 239 million us dollars of that. australia's fairfax media newspaper group has got the green light from its shareholders to merge with television network nine entertainment in a massive shake—up of the nation's media industry. fairfax shareholders gave "overwhelming" support for the multi—billion dollar merger. the deal was possible after australia relaxed its media ownership laws last year. the uk government has welcomed plans by a french communications firm to build two new satellites in the uk. eutelsat is expected to sign a contract with airbus today, worth 218 million dollars, to make the satellites at factories in portsmouth and stevenage. now to india, where the government is putting pressure on the central bank to keep lower reserves and relax lending rules ahead of an election year. this would release funds

that the government could spend on programmes that shore up its popularity, but an independent reserve bank of india is crucial for investor confidence. first sameer hashmi is in delhi... we have to say, this is a report, just clarify what is happening, we are hearing about reports of pressure on the central bank, is it a fa ct pressure on the central bank, is it a fact there is pressure on them? well, that has been reports over the last few weeks that the government wa nts last few weeks that the government wants the bank to ease lending norms, officials from the government have come out and made their position clear, the bank has been resisting that move, the reason there are high levels of ad debt, they are asking banks to clean the books and for that they have tightened up the lending measures that are in place. yes, there is a public class, it is a fact and that

is why the board meeting today is a significant. if you look at the 18 members who are on the board, five of them are from the rbi but there are government officials and government appointed officials who will try to put pressure on the rbi management to exceed to some of the demands and that is why did meeting taking place right now, it started earlier this morning, is becoming crucial because of the larger question about the future. thanks so much. let's look at the asian markets, in positive territory despite tensions between the us and china. that was the figure from friday on the dowjones, and european numbers, let's look at generally all in positive territory. let's look at what's ahead on wall street. and samira hussain has the details of what's ahead on wall street today. the holiday shopping ——

with black friday coming at the end of this weekend, the holiday shopping period upon us, earning reports from retail companies will be getting a lot of attention. that's because investors will want to hear what they can expect from these companies for this crucial shopping period. l brands will be reporting monday. it is not a household name, but it is the company that owns lingerie brand victoria's secret. victoria's secret is struggling to keep up with competition from cheaper options. l brands also owns henri blendel and they recently closed all of their stores and its online presence. all of that was done in an effort to concentrate their efforts on some of the company's more profitable brands. joining us is tom stevenson, investment director at fidelity international. good morning, nice to see you. quite a week ahead of us, we have covered the brexit week in store in the uk and in brussels. your perspective on what that holds for us.” and in brussels. your perspective on what that holds for us. i think the markets are in a bit of very holding

pattern in the uk, a lot of volatility last week, very interesting distinction between the international focus of ftse 100 international focus of ftse100 companies which have been holding up well and domestic companies of the house—builders, retailers, anything exposed to the possibility of a labour government did quite badly last week. this week, the pound as well in focus. very strong today. it's up a little bit, yes, i think theresa may has come out of the last few days quite well, i think news from europe as well, the possibility that the transition here it could be extended by another two years, i think that's probably positive as well. oil, that's slightly higher today but from a lower base, it's starting the day a bit earlier, what's going on? it's very easy to get focused on brexiteer but there isa get focused on brexiteer but there is a lot of other things going on in the world, trade talks come at you mention oil, the oil price has been

all over the place, very strong, just a few weeks ago, as high as $86 a barrel, down in the 60s recently, what is happening, much more supply than people expected, supply from the us, supply from iran, everyone expected the iranians apply will be cut off but president trump has given waivers to other countries, india, china,japan to given waivers to other countries, india, china, japan to buy uranium oil, there is much more oil on the market and we expect that has pushed the price down. putting pressure on saudi arabia to increase production, reduction is a lot higher. the president twisting the armour saudi arabia to increase production, lots more supply. what we are going to see now is a push from the saudis to training supply and try and push prices up. tom, thank you for now, you will be back is an interesting stories to discuss later. still to come...

and we'll also be hearing the story of one entrepeneur who decided to start her own bank for women in rural india. you're with business live from bbc news. brexit, of course, is the main issue on the minds of uk business leaders gathered at the cbi conference in london this morning. 0ur reporter nina warhurst has been speaking to the british robotics manufacturer tharsus. the prime minister describing this asa the prime minister describing this as a critical week, facing her own mps and the wider parliament later this morning she will face these people, a sea of faces from the business community, 1000 delegates here and did many ways she will be preaching to the converted, we know on friday the cbi saying any deal at

all is better than no deal because it means at least the next 20 months they will be able to make plans. let's bring in brian cooper is a manufacturing and robotics company in the north—east, what was your reaction when you heard the plant withdrawal deal? when i saw it i thought of the slightly confused but i think thought of the slightly confused but ithinka thought of the slightly confused but i think a deal is a lot better than ano i think a deal is a lot better than a no deal. that is the most important thing for you, certainty, evenif important thing for you, certainty, even if it is short term? business needs certainty, but added it is difficult to plan. we know later she will talk about immigration, strict on no skilled workers. we are slightly unusual in that aspect, we are a robotics business, we designed and manufactured business, a lot of those going into the service economy, labour is scarce and cost is treading the move to technology. fewer low skilled workers is actually a good thing for you, how do you feel about the potential of no deal, that is a big question at

the conference? no deal is very concerning, as a business we are already starting to stockpile components, we are talking about months ahead, that will have a major cash months ahead, that will have a major ca s h flow months ahead, that will have a major cash flow impact on business. you have started to stockpile and lots of other businesses have been making preparations as well, we expect a prime minister to torquay are a little bit later this morning. —— to talk here. we have a new appointment at dsp, you can see her here. millions of customers lost access to online banking in the branch earlier in the year. you're watching business live — our top story — the 27 remaining eu

countries are meeting to discuss the draft withdrawal agreement and finalise a joint political declaration on future relations between the eu and uk. what do you do if banks refuse to open accounts for your female neighbours in rural india? well, one entrepreneur — chetna gala sinha — decided to start a bank of her own. she founded the mann deshi bank in the state of maharashtra in 1997. it's a rural cooperative bank run by and for women, designed to meet the needs of those denied access to formal financial institutions. since then it's established eight branches, serving more than 200,000 women and providing savings plans, loans, pensions and insurance. the mann deshi foundation supports the bank by providing access to financial education, skills and a support network for women entrepreneurs. it's directly helped more than half a million women and girls and aims to reach a million by 2022.

i spoke to chetna gala sinha a few days ago: i never thought that i would start a bank, a woman's bank, in fact i was born and raised in one by and i was pa rt born and raised in one by and i was part of a farmers movement, i met my husband alongside my work who is a former and from mum by i shifted to a small place in india. and i met women who wanted to do savings account she wanted to save an amount and she said banks were not opening my account. she said i want to save because i stay with my children on the street and in summer it is very

hot, for shelter i want to buy a plastic sheet so that's why i want to do savings to buy that. i felt, she's not asking for a grant of subsidy, whatever is asking is to save ha rd subsidy, whatever is asking is to save hard earned money in a safe and secure place and it is her right, when i went and saw the banks were not opening the account i thought why not start a bank for women like this simple savings and that's how we applied the banking licence. you started this bank to empower women in rural india so they could save they could start a business, they could robot what challenges did you face, did you get investment, for example? you would be surprised to note this is the first bank we started with women's savings, woman's capital and credit, there is no outside investment, it is a member capital bank, member core product, then be applied to the license it was reject it because the

majority of women are members, the women said we cannot read and write but we can count and when it was rejected i went with all the women to the central bank and the women challenge the officers saying tell us challenge the officers saying tell us to calculate the interest of any principal amount, if we fail, do not issue the license but to your officers to do it without calculate us. officers to do it without calculate us. and we got the license, it's now 20 years of banking, this home grown bank and the women are so confident and i'm so proud to say, of course it's not a huge thing, it's a $5 million business but this is from rural women of india. when we look at issues like safety, the need to movement has gained a lot of momentum recently in india, sahara has that made a difference. ——

#metoo. in rural india for we work it sent everyday problem, we solve it sent everyday problem, we solve it every time, i am proud if we facilitate these voices they will be much more confident to come out. india stands out because it has quite a few high—profile women running banks. why is india doing so well in that area? i think one of the reasons is that in india once women get into the career and they start climbing the ladder, in the beginning there are so many challenges so the women who actually succeed, they have gone through so many obstacles that then they are in the capacity of leading the sector. 0ne the capacity of leading the sector. one area india has been lagging for some time is education especially for those in poor rural areas, has the government in noranda modi

invested in that, have they grasped that problem? there are issues but on the other side the aspiration is very high and i have been seeing with young woman we have good. us, they are paramedics, they are training and they are servicing the row areas. what lessons have you learned? in 20 years working with women and setting up a bank the lessons i have learned from them is that they are very smart and they are ready to do banking so they provide proof solutions to put people. do not provide the solution is to put people. such a great, great line. tom is back with us as promised, we are going to talk about this story, i have got to be honest, when i read this in the atlantic about google and the patents it has

got hold of, it absolutely scared me. tell us what it is up to. yes, this is google having the ability to track what you are doing and to obviously feed you adverts accordingly and they already do this on the basis of your online activity before this is going to do is cameras to see what you are up to in your house, to look at what you have bought, fodder interests are and to that. that is a major escalation of intrusion, some people would argue andi intrusion, some people would argue and i certainly would,. for example it gives in the article is that it detects a t—shirt on the floor with will smith on the front and then this artificial intelligence device in the room will say i can see you like will smith, there is a movie out at a book next saturday at 3pm. that kind of thing. yes, it's in your life, it's talking to you in

your life, it's talking to you in your room and the other thing it says on the article is it will allow pa rents to says on the article is it will allow parents to effectively spy on their children to see if they are using foul language or whatever. the interesting thing, we talk about a police state imposing this kind of surveillance and we have got to the stage we don't need a police state we are positively choosing this, are effectively choosing it by allowing companies like google to do the same thing. quickly before we go, tweets about this topic, graham says not going to happen in my house, we are told it's safe but large companies are watching the beer doing. william says aren't we all ready on an open book for tech and supermarket giants, we have nothing more to show them. tom, thanks so much for coming that's it from business live today. there will be more business news throughout the day on the bbc live web page and on world business report.

we'll see you again tomorrow. good morning. turning much colder over at the next few days compared to the rather mild conditions of last week. and just below the average for the first part of this week. because we have strong easterly winds developing. i pressure over scandinavia, the wind ina pressure over scandinavia, the wind in a clockwise direction around high—pressure, the easterly winds bringing cold airfrom russia, eastern europe, right across the uk, pushing milder conditions towards the atlantic. through this morning some showers affecting easterly areas of england, through this afternoon some of them drifting further west across the midlands into wales, the best of the sunshine in western parts, otherwise mostly cloudy, some of the temperatures struggling a little between 7—10d. through this evening and tonight, continuing with showers feeding him,

if anything becoming widespread and frequent through tonight, starting to have some snow falling over the higher ground in scotland, northern england as well. largely prostrate tonight purely because the easterly wind picking up and strengthening into tuesday. a cold day tomorrow, still showers across the east, with a stronger wind, more than likely to be spared further west. across western areas, some bright and sunny spells, the risk of showers but it is the wind coming in from the east at 20 miles an hour in places, the average wind speeds, meaning temperatures will save 5—7d on the thermometer but if you are outside with wind chill, it will feel more like freezing in norwich, one, three degrees elsewhere. going into wednesday, slight change in wind direction, coming more from the south easterly direction, bringing

some showers, mainly across eastern and northern parts of england and across scotland. again some snow over higher ground of northern england into scotland, some showers in northern ireland. elsewhere, rather be a little bit drier, some try a coming from the south—east, still a chilly day, maximum temperatures, seven — 8 degrees. becoming less cold as we go into the end of the week. certainly a big difference to the conditions we had last week. goodbye. you're watching bbc news at 9 with me rebecca jones — the headlines... theresa may will tell business leaders her brexit deal will curb eu migration — as she faces another week of threats to her leadership. in brussels — eu ministers discuss the political declaration that will set out the future relationship with the uk. 3,000 foreign doctors are having their licenses checked after it emerged a fake psychiatrist was allowed to practise for 22 years with no medical qualification. passengers on some of the busiest rail routes in the country

are warned not to travel this morning after engineering works overran. police investigate a quadruple stabbing that left four men in hospital in north london. and in sport — he was once the fastest man