this is the business briefing. i'm sally bundock. politicians head back to westminster after the uk's highest court rules it was unlawful for the prime minister to suspend parliament. our business leaders any wider as to what will happen with brexit? we will assess the future. —— any wiser? and the boss of wework steps down with immediate effect amid investor worries over his leadership style at the office rental firm. and on the markets: they have the jitters. declines in asia on the news of impeachment proceedings in the us being on the

way. as we have informed you, mps are going back to work today in parliament injust going back to work today in parliament in just a few hours, after yesterday's historic ruling at the supreme court. the move that prime minister borisjohnson‘s move to prorogue or suspend parliament was unlawful. mrjohnson is now facing calls to resign. on the 17th and 18th of october the european council is meeting — and this will be the last opportunity for the uk to negotiate a withdrawal agreement ahead of the brexit deadline. october 31st, halloween, is that key brexit date. at the moment, it's the last day the uk is still part of the eu. but parliament has passed a bill requiring boris johnson request

an extension if no deal has been reached by the end of the eu meeting. the big question is will there be another general election in the uk, and when? the opposition leader, jeremy corbyn, says he'd support a vote for an election once that october 31st brexit deadline has passed. what can business leaders take from all of these events in the last 2a hours? chris southworth is secretary general of the international chamber of commerce in the uk. good morning, chris. good morning. it's good to see you again. i we any wiser? not really. this is the worst planning environment, deal, no deal, referendum... from a business point of view, it is the worst possible environment from them, just uncertainty. many ceos i talk to,

they prepared for a no—deal brexit possibility at the end of march or disruption or whatever. they had to stockpile and get themselves ready, they've almost had a dress rehearsal for october 31, i assume there will be preparing for a worst—case scenario, which many would think is the no deal on october 31.|j scenario, which many would think is the no deal on october 31. i think it depends who you are talking to. larger companies are planning and i definitely able to plan, but small companies are still massively underprepared. every survey, 70% of smaller companies are unprepared. what are your members saying to you about all of this? real frustration. use frustration in the uk, everyone overseas is just aghast, use frustration in the uk, everyone overseas isjust aghast, they use frustration in the uk, everyone overseas is just aghast, they can't see what —— believe what they are seeing. and i think people here can't really believe it, what how the uk is being seen. theyjust

can't believe how the country is doing it to themselves. they have to think about stockpiling to the extent that they can and get their contingencies in place for october. but what if article 50 is extended and politicians have more time to negotiate with politicians? that isn't very helpful for businesses, you have christmas and it is a funny time of year. there are two sides to it. global value chains are very complicated in the modern error, we had a big american company in the office just last week and it is horrendous in terms of managing the logistics across borders, and all we have to do is have one issue on one border and that has a knock—on effect. it's like aeroplanes. if one isn't in the right place, there is a ripple effect. it's the same for trucks and logistics. so having that is one point to make then from a

sort of supply chain point of view, i think companies need, you know, much more clarity from governments, not just here but much more clarity from governments, notjust here but overseas and in overseas markets stop they are getting less information than we are and that is really imperative that people have more certainty. what would you like to see happen? to go back to your original point around warehousing, that's a political deadline, from a business point of view, the january deadline is actually a terrible deadline because all of the warehouses are full of christmas stock orjanuary sales star, so it's better to have a six—month deadline from a business point of view. otherwise there isn't warehouse capacity to hold all of that stock. we're going to have sue leave it there. thank you for coming m, leave it there. thank you for coming in, chris. -- leave it there. thank you for coming in, chris. —— we are going to have two. the boss of wework, adam neumann,

has agreed to step down as chief executive of the office rental firm, saying it's in the best interests of the firm. the move, which is effective immediately come after investors had raised concerns over his leadership. our north america technology reporter dave lee has the details. backin back in mid—august, wework‘s initial public offering was hotly anticipated, with private investors valuing the firm at $47 billion in reve nu es valuing the firm at $47 billion in revenues that have doubled over the past year. but just revenues that have doubled over the past year. butjust over one month later, it has all come gassing down for adam neumann. the man credited for adam neumann. the man credited for wework cosmic success, until now, that is. —— wework‘s success. the business could be left extremely exposed in a recession. the value of the company quickly plummeted to less tha n the company quickly plummeted to less than $20 billion, and as part of that fall from grace, mr

neumann‘s own behaviour came under scrutiny. investors worried he had too much control over the firm and at times is that control to enrich himself personally. in stepping down, he will give up the majority of his voting rights, and so will his wife. he will be replaced by two co—chief executives, the current financial officer, and its vice—chairman. now let's brief you on some other business stories: the us state of massachusetts is imposing a four—month ban on the sale of all vaping products amid concerns about the health effects of the relatively new devices. at least six deaths have been linked to vaping in the us and officials are investigating 450 cases of related lung illnesses. germany will guarantee a $400 million bridging loan for condor, an airline owned by the collapsed british travel firm thomas cook. germany's economy minister says the loan will allow the airline,

which is profitable, to keep flying and save about 5,000 jobs. the move is subject to eu approval. the german industrial giant thyssenkrupp says it is starting talks to end the contract of its current chief executive, guido kerkhoff. since he took over last year the firm has issued two profit warnings, shares have fallen 40% and the company has gone through two failed restructuring efforts. shares in nike have risen in after hours trading after its latest results beat market expectations. the firm's strategy of selling trainers and apparel directly to consumers seems to be paying off, with margins climbing dramatically to over 45%, well above analysts' expectations. the value of bitcoin has slumped by around 15% against the us dollar, hitting a 3.5—month low. the world's largest cryptocurrency has now lost more than a third of its value since early august.

president trump and japan's shinzo abe were expected to unveil a new trade pact at the un today, but it seems like not everything is going to plan and it all comes down to worries about the possibility of tariffs on car exports. mariko oi is in our asia business hub in singapore. it's nice to see you. so the deal is not done? well, as you said, sally, there was a lot of speculation. but you and all the rumours, if you like,japan you and all the rumours, if you like, japan cosmic foreign minister said all negotiations over —— japan's foreign minister. the details of course have not been revealed, but it has been reported that japan was most tariffs on us beef from nearly 40% to eventually about 9%, and tariffs on us pork

will be cut as well. so president trump should be happy if that is true. in exchange of the us is reportedly cutting tariffs on imported industrial goods from japan, as you said, the main sticking point was president trump's threat to impose an additional 25% tariff on cars and auto parts. while the minister declined to go into specifics, he said it wasn't something we would need to worry about. so we will see if the deal is announced later today. thank you, mariko. government bonds are going up as investors are assessing the potential impact from rising political turmoil in washington. you can imagine traders are having to figure out what might be going on, the yen, seen as a safe haven, is enjoying a two week high. that is your business moving. —— briefing.

let's step away from the tension and drama in westminster for a let's step away from the tension and drama in westminsterfor a moment. what do voters in other parts of the uk make of what's happened? our political correspondent alex forsyth has been getting views from stoke—on—trent and from altrincham. bbc radio stoke. wherever the phone—in, it seems there's a prevalent view — leave or remain, people are simply fed up with how brexit‘s been handled. ijust don't know anymore, i've lost the will to live. ijust — i can't be bothered with the lot of it anymore. in stoke, such frustration is rife, and as well as confusion about what happens now, there's as much anger at the slow wrangling in westminster as there is at borisjohnson‘s actions. at least borisjohnson‘s trying to get something done. if the court says it's unlawful, it's unlawful, but the question now is where do we go from here?

what he's done they've said is unlawful, but i think the guy has got the country at heart. he's trying to get us a deal and get us out of what we voted for. that's exactly the view number 10 is counting on. their strategy is to win support in areas that voted leave, like here in the midlands and the north, places the tories will target if there's an election, and where they hope borisjohnson‘s do—or—die brexit attitude, even the fact he's pitting himself against parliament, will play well with voters. in stoke, these students attend staffordshire uni from across the country. all welcome today's court ruling, but know parliament returning won't provide simple answers. we're in this situation, we need to come up with a solid solution that everyone's going to agree on. you need everyone across the board to work together. i know that's hard at the moment, with everybody at each other's necks, but again, what brexit is doing, it's tearing communities apart. split views on the government's actions don't, of course, depend on location, but frustration at this whole brexit process seems

to be cross—country. alex forsyth, bbc news, stoke—on—trent. this is the briefing on bbc news. the latest headlines: british mps are set to return to parliament, after the supreme court ruled its suspension, by borisjohnson, was unlawful. us democrats have launched a formal impeachment inquiry against donald trump over claims he pressured the president of ukraine to investigate his political rival, joe biden. now it's time to look at the stories that are making the headlines in the media across the world. we begin with the times, which leads on the supreme court ruling that uk prime minister boris johnson's decision to suspend parliament for five weeks was unlawful.

so much more detail we will discuss ina so much more detail we will discuss in a moment. and on its front page, the daily express asks: ‘what‘s lawful about denying 17.4 million brexit?‘ the telegraph also reports on the ruling. quoting mrjohnson‘s reaction to the news. he was speaking alongside donald trump at the un general assembly in new york. in the meantime, the new york times has the latest on the formal impeachment inquiry into the us president. the launch of the inquiry marking an end to months of caution by the democrats. and finally, should frequent flyers pay higher taxes? should they pay more in order to help the environment? the bbc website has more on whether this could be the uk government's next move to tackle aviation emissions. so let's begin with rebecca harding, ceo and founder of coriolis tech

and mark davies, ceo of strategy consultancy, camberton are both here in the studio. two regulars. great to see you both. let's get started. we have the time. pm flies back to chaos. he lands today from the united nations general assembly. it has the various points here, supreme court rules unlawful. it is a constitutional crisis? to answer that directly, this has been a constitutional crisis for quite a long time that has been building. what were seeing 110w has been building. what were seeing now is an intent by the supreme court to rain the constitution back ina court to rain the constitution back in a little bit. in any other times other than brexit, this would be a good thing. everybody would be saying it is good that we have these constitutional checks and balances, it stops a wayward government, it

means that we have parliamentary moxie, which is what we all