this is the business briefing. i'm sally bundock. returning home — eu workers leave the uk in increasing numbers as the brexit crisis deepens. we assess the impact on the jobs market. car crash? shares in the ride hailing company lyft come back to earth after its massive stock market debut, falling12% on its second day of trading. that was a turn of phrase, shock market debut! and on the financial markets shares in asia continue to go upwards thanks to the better than expected factory data in china and the us. here in the uk the pound slips

as traders fear a no—deal brexit. for a second time mps have failed to unite to any alternative to the plan by theresa may. today, a debate for oui’ by theresa may. today, a debate for our next move but, despite public and business impatience in the uk and business impatience in the uk and disbelief from those watching around the world, politicians seem unwilling or unable to compromise. this is having an effect on immigration into the uk which was a keyissue immigration into the uk which was a key issue during the run—up to the

referendum. let's take a look at the choices you workers are making. the number of eu nationals working in the uk fell by 61,000. the total was two point two 7 million and that is compared to 2.3 3 million in the same period in the previous year. healthcare, food, construction, childcare, which have historically relied on eu workers, have seen the largest decline and uncertainty on what employment laws will look like is one of the big factors leading to this drop and also the fall in the value of the pound, for people sending money back home, it does not go as far. unemployment hit 3.9% in january for the uk. that is the lowest level in 44 years. it could

bea lowest level in 44 years. it could be a shortage of talent in the coming months, some worn. business leaders that the chaos in parliament is damaging perspective of britain overseas. nick boles is latest conservative mp to resign from his party. i have given everything to an attempt to find a compromise that can take this country out of the european union while maintaining our economic strength and our political cohesion. i accept i have failed. i have failed chiefly because my party refuses to compromise. i regret, therefore, to announce that i can no longer sit for this party. 0h nick, don't go, come on! nick boles talking about the fact he

has failed, the parliament is failing. tom hadley director of policy, recruitment & employment confederationjoins me now. many looked to parliament and would agree with nick right now. give us your take on the impact of this is having on the employment market?m some ways thejobs having on the employment market?m some ways the jobs market has been remarkably resilient. demand is still strong. business confidence in the economy is starting to really decline month from month and it is starting to impact on hiring decision. in some sectors, demand is impacted and in many sectors it is the supply of staff which is the biggest challenge. within the healthcare sector, the leisure sector, those kind of areas, they have relied on eu workers,

especially in big cities like london, for example. where those workers have gone, are those positions are filled by homegrown talent? it is a massive challenge. from chefs, data analysts et cetera. it predates the referendum. engineering and technology jobs it predates the referendum. engineering and technologyjobs have beenin engineering and technologyjobs have been in short supply for some time. the blue—collar roles have created an intense challenge in terms of feeling the vacancy. the uk employers we need to oppose brexit immigration policies while being innovative about the way we recruit. perhaps appoint system is one suggestion, similar to australia. once we get through this uncertainty, this period of transition, ultimately we will have

a better system which will attract the right workers? the starting point for us is that the need for staff cuts across many different sectors. we hear about attracting the brightest and the best but the feedback is that we need staff in hospitality, blue—collar roles, healthcare. i was speaking to members in the education department and there are shortages in teaching. we need to take a step back and make sure the immigration policy reflects that. depending on how long the process takes, it may take longer than anticipated, especially if theresa may has to go back to europe and say we need a much to figure out how we do withdraw. how do they fill the gap in the meantime? good point. we asked that exact question to our members and most said things will

probably continue as is, the ongoing challenge to find enough stuff. as well as informing the immigration debate, we need to think about what we can do in the country to hire differently and there is some good innovation. introducing more people with stability for example. —— disability. training into the areas where we have a lack. how we build oui’ where we have a lack. how we build our greater link between education and the workplace. really appreciate it and really good to see what is going on in the industries. now let's brief you on some other business stories: thyssenkrupp and tata steel have offered concessions to address eu antitrust concerns about their planned steel joint venture. the eu competition regulator, which did not provide details of the concessions, extended its deadline for a decision on the deal tojune 5 from may 13. it has previously voiced concerns about the deal‘s impact on steel

for car parts, packaging such as food and aerosol cans and electrical steel for engineering products including transformers. shares in ride sharing company lyft have slumped by almost 12% in their second day of trading. the stock fell below their listing price as investors cashed out after friday's bumper debut. questions have also been raised over the group's route to profitability. the uk's big four accountancy firms should be separated into audit and non—audit businesses, says an influential committee of mps. deloitte, ey, kpmg and pwc conduct 97% of big companies' audits while also providing them with other services. mps are calling for a full structural break—up of the firms. it's a big day for the australian economy. once upona once upon a time it was known as the

wonderfrom down once upon a time it was known as the wonder from down under. the government is due to unveil its 2019 budget later. we've also got an interest rate decision from the country's central bank, leaving its cash rate at 1.5%. let's go to our asia business hub where rico hizon is following the story. sally! well, the budget can be a wonderfrom down sally! well, the budget can be a wonder from down under because sally! well, the budget can be a wonderfrom down under because it sally! well, the budget can be a wonder from down under because it is set to deliver the first surplus budget in 12 years plus a flow of pre—election sweetness on the back of strong coal and iron experts. the morrison government expected to dish out about $6.5 billion in tax cuts and cash handouts in a bid to win back voters ahead of a likely may election. there is said to be a surplus ending the longest stretch of deficit since the 1970s. earlier,

i spoke to an expert and asked whether this tax relief will be enough to jumpstart the economy, hurting from the housing downturn? we will see tax cuts and stimulus first. we do not think it is enough for the economy because it will be avoiding the housing market. really just a one—off payment to the coi'isuitiei’ just a one—off payment to the consumer which i think most of the money will be saved. whereas with the reserve bank of the cup will be later this year and it will potentially address some of the fall. the start the cut. they need to stop the momentum of the fall. the central bank decision keeping interest rates on hold at 1.5% but economist widely expect them to cut later this year. let's look at financial markets... something you should be aware of if you are watching markets globally, tomorrow

a chinese delegation would be in washington to resume trade talks with the us. very much on the minds of investors. i will see you in a moment. up next newsbriefing. parents in england who home educate their children could soon be forced to add their names to a new register. ministers hope the scheme, which has the backing of ofsted, would help councils to intervene when standards need improving. the number of children not receiving education in school has doubled in five years. there are many reasons to leave mainstream education, including a lack of support for

special needs, religious needs or purely out of personal choice but not feasible to local authorities. a new register for all children not educated in school is proposed. the aim is to allow council intervene when children are not being taught properly. register might help throw up properly. register might help throw up lack of concentration in illegal schools, it may help local authorities with their responsibilities to safeguard children, to understand where the greatest risks. it brings together the picture so that we can use the space the picture so that we can use the s pa ce resources the picture so that we can use the space resources as best we can. the picture so that we can use the space resources as best we canm will be a parent to register their child. this mother who educated two sons with special needs assess the proposals are a backward step.- the end of the day, why should i

have to sign the register and have someone come into my home and questioned the education that i am providing for my child when it is the first type of education that has actually succeeded for him that is not cause severe detrimental effect to his mental health? the government is also considering whether local authorities should provide support for home educating parents, like money towards exams. finding a balance between supporting families and ensuring children get the education they need. frankie mccamley, bbc news. this is the briefing from bbc news. the latest headlines: just ten days before the uk is due to leave the european union, the cabinet will meet on tuesday, trying to work out what to do next. frustration in europe — the brexit coordinator for european politicians says the uk has one more chance to break the deadlock or face the abyss of a hard brexit. the us supreme court rules a convicted murderer on death row in missouri has no right

to a "painless death". across the world. —— now it's time to look at stories making the headlines across the world. we begin with the independent and what the uk paper is calling brexit‘s "rock—bottom day". pressure has intensified on the prime minister once more after mps again failed to back any alternative brexit plan during a series of indicative votes on monday. over to the daily mail, where an mp voiced his frustration at the lack of progress by quitting the tory partyjust moments after the votes were announced. that is nick boles, of course. on bloomberg.com, unicorns are taking a tumble — unicorns being privately held start—ups valued at over $1 billion, like transportation company lyft. its stocks are falling and some worry it's an ominous sign for other unicorn companies.

to india's business standard, and over 1,000 facebook pages have been taken down as the world's largest democracy prepares to head to the polls in a general election. facebook says it removed the pages in a bid to stem misinformation. and finally, in the irish times, ryanair has been named as one of europe's top 10 carbon emitters. it's the first time any entity other than a coal—fired power plant has been named in the list, but a spokesperson for the airline says they're europe's greenest and cleanest carrier. priya is back. priya lakhani, founder and ceo of century tech — a uk—based education technology platform. let's get started. many have been playing on words with bottoms because there have been a lot of bare bottoms in parliament yesterday and these activists who are using

what was a