on cyber security. the gulf news business page focuses on prospects for the world economy — growth fears grip world stock markets. it has a negative outlook and says the drop in dollar and tumble in oil prices — look set to force the us fed to deliver a fourth interest rate hike of the year. and for the independent, their lead sport story has to be the sacking ofjose mourhino by manchester united. after one of the team's worst runs — the paper says he was simply out of time. he is on most of the front pages in the uk. with me is oliver cornock — editor in chief with the oxford business group. welcome back. we start with the ft. the white paper is going to be published today on what immigration policy is set to look like in the

future, post—brexit. this article, the ft talking about philip pratt chav —— philip hammond and the business secretary, both of them, they don't say up in arms, but not happy about what is proposed. they are not happy. philip hammond has been a real champion of a more moderate brexit. he has got business's backs it seems. they are concerned about this. so much for the brexit referendum debate centred around immigration. there was a huge groundswell against immigration. whether that forms part of a broader global rhetoric towards nationalist tendencies is an important point. either way the uk is at an all—time high, really. business needs immigrants. it needs a skilled immigrants, many of whom have come from the eu. many of these these eu immigrants are very familiar with the uk. they speak very good english. businesses say we'd need some sort of deal with as. theresa may's plan is to set a minimum

£30,000 salary, certain visa restrictions, we don't know what they are... there will be like a points system. rather like the australian system, as they understand it. as someone who covers the global economy, i am thinking that we need to put the uk on a global footing. beyond that we need to put the uk on a globalfooting. beyond that, let us send the right messages out without eu policy and said that as the global polity but we do not have any of that information. what is so frustrating and what business is some clarity, to get beyond the eu rhetoric. and that is what this is, iam afraid. rhetoric. and that is what this is, i am afraid. we must not forget that theresa may, while some secondary by long—time, immigration was a big dealfor her. they long—time, immigration was a big deal for her. they had targets they we re deal for her. they had targets they were missing, it was constantly in the press is the fact that the government was not hitting their immigration targets which they set for themselves. this is something she is seen to be a champion of curbing immigration, yet as you say the business community, many businesses leaders that i interviewed say they find it is difficult to find the workers they

want, not just because difficult to find the workers they want, notjust because of the curbing of immigration, but people's perception of coming to work in the uk, given what is going on with brexit. they are not so keen. they would rather go and work in berlin oi’ would rather go and work in berlin or paris or even in new york. that is an important point. we need to think about the uk's image in europe, but also the rest of the world. what message does this send out? how is the uk, how is theresa may's usman positioning the uk as a place to live, work, and hopefully play, because at the moment it is not looking particularly rosy —— government. if i was in burley in and thought i wanted to work for a global research company i would mind ifi global research company i would mind if i would want to come to the uk —— berlin. we note businesses doing the same. sentiment is everything. we will keep an eye on that as the white paper is released. no doubt there will be more discussion about that tomorrow. the guardian, it talks about businesses watching in

horror as the plans for a no—deal brexit are outlined. some of the other papers in the uk have got pictures of people from the army, et cetera, the deployment of personnel on the streets, 3500, etc, etc, it is all getting very real. perhaps it needs to get real. she is dammed if she does, she stabbed if she doesn't. if she doesn't putting contingencies everyone's is why the hell is in shepherding and contingencies, if she does a p pa re ntly contingencies, if she does apparently she is scaremongering —— -- if apparently she is scaremongering —— —— if she doesn't putting contingencies. that it meteorite to the wire. i've always said in a negotiation you need to have the option of walking away —— is to go to the wire. if you are buying a house younie said the price is not right i will walk away. buzzfeed is saying there is a christmas truce with theresa may. the remainers are stepping up their attacks on her. she does not get a rest. watching

those people who called for a vote of no—confidence in their leader have suddenly turned around to support her, brexiteers such as jacob rees—mogg suddenly saying they would still, they are tories through and through. then the remainers who had been rather more on side with the doomed to chequers deal suddenly been rather more negative and more anti— mrs may. what a position. the rest of the world, speak to people all over the world, i think goodness me, mrs may has some steel in her bones. absolutely. she deftly has stamina. thejapan times, bones. absolutely. she deftly has stamina. the japan times, totally changing the subject. —— definitely. smack on the front page, defence plan targets new warfare domains. y27 trillion will be spent every five—year period, a records number in terms of spending. this is a japanese economy that is not doing particularly well at the moment. the gdp figures have been worse than expected. give us your take on this.

just to start on this, it is a significant shift in japanese politics. it is a huge shift. this isa politics. it is a huge shift. this is a pacifist constitution. since the second world warjapan‘s defence policy has been all about defence, no offence policy. they say it is not actually changing, despite arming ships and things now, now how you say that as a missile, that it is just you say that as a missile, that it isjust a fence, you say that as a missile, that it is just a fence, but it speaks of a broader position in the world and makes us in the uk debating brexit pale into sid —— insignificance. you can say why wouldn't japan look to defend itself? china is the hugest global growth story in terms of its influence. the us yesterday came through and said our most significant national security challenge is from china. not from conventional warfare, but from

asymmetric warfare, cyber warfare. not only is this about army helicopters and ships, but about having a policy towards cyber defence. that stood out to me. in this day and age that is as important, many would say, as the brits and the ground, the cyber security policy, the plan, the money coming into that. -- boots on the ground. so many of us in the western hemisphere are assessed with what is going on here that we miss what is going on here that we miss what is going on here that we miss what is going on in the south china sea, what is going on with china, what is going on within the hour. this is a really interesting brushing up of one of the world's big slick on his —— what is going on in india. one of the world's big slick on his -- what is going on in india. the world stock markets. the dow is up slightly. today in asia it is a bit mixed. we have the federal reserve meeting. there is investor anxiety out there. this is what the gulf news article is all about. about what is to come in 2019— 2020. there

are so many what is to come in 2019— 2020. there are so many elements that we cannot predict. brexit is just one are so many elements that we cannot predict. brexit isjust one part are so many elements that we cannot predict. brexit is just one part of a big jigsaw. it is. predict. brexit is just one part of a bigjigsaw. it is. it is one part of that global story. when you look at the meeting that happened in papua new guinea a couple of weeks ago, no agreement from that. you look at the increasing rhetoric between the us and china, it does seem that china has backed down on some of its policies. oil prices down. the dollar down. the only thing up interestingly in the story is gold, always a safe haven in these times. one of the comments that struck me about the outlook is that struck me about the outlook is that last year and indeed in 2008 so many of the asset classes were considered safe havens, this year they are all down. next year or even this christmas, jose mourinho will perhaps be enjoying himself, all the papers are talking about the fact that he got a £15 million payoff, despite the fact that he gets the

boot, as the daily express says. out of time in the independent. every paper has the money page. hands up, iam nota paper has the money page. hands up, i am not a football fern. this is an interesting story. i travel around the world to all parts of the world, what do people want to talk about, ceos, german, the premier league. —— fan. jose mourinho is a midi who i have heard about. he was known as the special by —— is somebody who i have heard about. he spent £400 million on 11 players. some businessmen around the world would love but is like that recruitment. his payoff is anything between 5 million and in others it is 20 million and in others it is 20 million for sub i wonder if theresa may will have a headline like this in march will stop out of time. we shall watch this space. thank you, oliver cornock. they give your company. hello. after tuesday's rain, most of us will get to see some sunshine in the day ahead,

but there will be showers around, too. there is one of racing from the west. a chilly start to the day. there may be a touch of frost in sheltered glens in scotland. morning showers affecting south—east england and east anglia. few into the afternoons. most people turning dry into the afternoon. plenty of showers back into the western side of the uk. always bred for the afternoon, heavier, maybe a rumble of thunder, gusty winds. for northern and eastern scotland, down the eastern side of england and into the eastern side of england and into the midlands there will be dry weather and some sunshine. it is still breezy. particularly with the showers in the west. not as windy as tuesday. temperatures have come down a few degrees. but then again it is not as windy. there is some sunshine to be had, particularly in the east. for a to be had, particularly in the east. fora time, to be had, particularly in the east. for a time, wednesday evening, wednesday night, the first part of it, some showers will push eastwards

right across the uk. the second half of wednesday night mostly towards southern and western coastal areas. the lowest temperatures, particularly in scotland, low single figures. most of us, several degrees above freezing of this begins. on thursday, low pressure north—west of the uk. areas closest to that most likely to see some wet weather at times into scotland, northern ireland, north—west england initially. deep into the date some of the showers will cross into north—east england well. there will be some in north—east scotland. and into southern england. it will stay largely dry. get to see some sunny spells. temperatures are not too far from average for the time of year. still on the mild side, especially for the south. into friday, rain will push northwards through england and wales. rob lee stolle through parts of northern ireland and southern scotland and northern england for a time —— probably stalling. maybe some early fault. south of that it is windy and

turning dry and brighter barring a few showers and turning milder. over the weekend, saturday looks to be offering the driest weather. on sunday, outbreaks of rain or showers, breezy over the weekend. last weekend before still mild. —— before christmas. good morning — this is breakfast with dan walker. this morning in a special programme we examine the challenges faced by families living with special needs. all this year we've been shining a light on the quality of life and care available for millions across the uk we're at the langdon down museum of learning disability to speak to those affected, those working to tackle the problem and we'll speak to the minister responsible for care in england. also in the news this morning: a plan for immigration after brexit — the government says it will prioritise skills not nationality.