is that the uber rickshaw, maybe? so let's begin. with me is simoney kyriakou, editor of financial adviser. bbc online looking at this nato anniversary, summit, however you wa nt to anniversary, summit, however you want to describe it, and boris johnson calling for unity as the alliance turns 70. seems like it will be the worst earth day party on record. we always hear of dysfunctional families being brought together begrudgingly and someone‘s 70th or 80th birthday, and this seems to be what we are having here with these noto members being brought together, many of whom have had individualfallings brought together, many of whom have had individual fallings out or a war of words with each other. we had macron last month saying that nato was brain dead and erdogan saying macron was brain dead for saying so. germany saying this is the equivalent of having champagne corks p°ppin9 equivalent of having champagne corks popping in moscow when these sorts

of comments are made, so you can understand why ahead of the 70th anniversary boris johnson is understand why ahead of the 70th anniversary borisjohnson is making this call for unity. interesting because the french president, emmanuel macron, has his own agenda stop he wants some sort of european union offence alliance version. that's where he's coming from and receptive i have heard one, the president of turkey, has a lot on his mind with regards to the alliances he has, whether it's with russia or nato. nato has evolved over the 70 years. 12 founding members and now some 29. as you say, a very dysfunctional family but what i found interesting in a very dysfunctional family but what ifound interesting in this bbc article was president trump, who has complained since he became president, about the fact nato members aren't something up the money they should do. most members don't. and what they are supposed to put in is 2% of gdp or more on their own defence spending. since he's

become spending, more people are putting money in the pot. he has claimed in a tweet he is responsible for this. he normally does take the credit! that is true! 0n does take the credit! that is true! on twitter anyway! eight countries have said they will agree to meet the 2% target. including canada, they've put in loads of money, et cetera et cetera, but maybe not all are putting in the required amount. they pledged no pledge to come to each other‘s aid, whether it is financial or military. what's interesting is compared to 1949 after the second world war, the anxiety within this new alliance was the expansion of the soviet union but now many would say their anxiety is the rise of china. it could be the rise of china but there is still anxiety about moscow, particularly germany has a strong feeling that moscow has a lot of intervention, whether it is political in terms of elections or alleged election interference. there is still that

worry that you don't know what russia is doing. talking of dysfunctional families, the queen plays quite a pivotal role in this nato anniversary, as it were, because she's going to be hosting world leaders at buckingham palace and actually this article in the new york times points out she ascended to the throne three years after nato was formed. that is how long she has been on the throne. quite a lady! but they do say in their article that she's fading into history. would you say so? i wouldn't say that. i like the new york times but i think the tone of the article is quite derogatory about the queen's role in the royalfamily. they quite derogatory about the queen's role in the royal family. they say that it role in the royal family. they say thatitis role in the royal family. they say that it is a wistful turning point and she is fading... she is 93 years old! the longest reigning monarch the uk has ever had. her son is 71. that is prince charles. i apologise, the airto that is prince charles. i apologise, the air to the throne, prince

charles, is 71, and he's already been assuming more of her duties and it's been reported in many papers that the queen is stepping down from her duties and the prince is stepping up. that isn't fading into history, it is a natural succession plan. she is 93 and you haven't got the energy. and the stamina to, you know, fulfil the royal duties, of which the list is extremely long. what it talks about is it calls the royal family" the firm", what it talks about is it calls the royalfamily" the firm", and insiders refer to them as such, and charles is taking more of a grip, especially on this problematic pr disaster of his younger brother, prince andrew. and there have been allegations that the royal family we re allegations that the royal family were concerned... allegations that the royal family were concerned. . . 0!’ allegations that the royal family were concerned... 0r prince charles was concerned this would overshadow the general election we're going to have next week, so he didn't want this to take precedence over the

general election, which he feels is more important for the uk at this time. interesting to see the new york times was take on the royal scandal and the way it describes it, to say that prince andrew is plastered across most of the front pages today following the bbc panorama programme. the times on its front page: this is information and data coming from the financial conduct authority. the uk's financial watchdog, as it were. no surprise to hear this at all. we've had store credit... store credit card complaints since about the i990s where people have complained about extortionate repayment fees or aggressive pushing at the tills by unregulated till assistance pushing people at the till to take out store cards. there have been various regulations over the years put in

place to protect shoppers, but still some could be paying up to 29.9% interest and while at the point of purchase it doesn't seem a lot, for lots of people, especially young people who shop at places like next, which is named in the article, they wa nt to which is named in the article, they want to buy from their favourite stores and they think they're getting a deal or maybe spreading the cost but it's putting them into record levels of debt stop the times saying next, argos, jd sports, marks & spencer, they are well—known brands on the uk high street and they are ramping up profits by this credit. these high—street retailers are really struggling right now and this isa really struggling right now and this is a means of getting desperatejo jo desperately needed income. —— desperately needed income.“ jo desperately needed income. —— desperately needed income. if they are not paying on a card they are deferring. especially before christmas, by now and pay later. this record of that level is not what we have seen since the financial crisis, £225 billion of

consumer financial crisis, £225 billion of consumer debt not including mortgages and if you add mortgages, we are in big territory! while we're talking about debt, lendy, a company many wouldn't have heard of, but it isa many wouldn't have heard of, but it is a peer to peer platform where people invested in this business, they invested in the company, lendy, then lendy loaned money to others and it has gone bust. peer to peer finance has become popular in recent yea rs finance has become popular in recent years with finance has become popular in recent yea rs with investors finance has become popular in recent years with investors looking for a different way of return on capital. they lend money, or they invest, often through platforms... such as lendy. small, innovative companies so it has a cachet with investors as a different place to put your money but uk investors recourse to compensation. the platforms have said, and there's over 60 in the uk, they have said if anything goes wrong, you will get your money back. this article says no. but they're

not likely to. if you are a bond investor in a normal company, you will get paid first for the equity investors. the equity investors get paid... you are further down in the pecking order. whereas here, they seem pecking order. whereas here, they seem to be further down in the pecking order from the administrators and insolvency protectors, who want their fees, and from other creditors so after you've put your money in new have to do weight down the line. you wonder if those who invested in lendy in good faith were told clearly the risks.” think quite a lot of risks had been put forward at the time. certainly to peer finance has put forward at the time. certainly to peerfinance has never been without its risks, but you expect the return on capital to compensate for that. even paul smee, the chairman of the peer to peer finance association, he has said with particular reference to lendy, he's

not sure how it can be regulated because it's completely different in structure and set up to the rest of the platforms that they cover. we will have to use a how this unravels and if anyone gets their money back. the business standard in mumbai looking out over taking two 200 cities and it's notjust taxis where talking about. two wheelers, scooters, electric rickshaws, makes com plete scooters, electric rickshaws, makes complete sense? you had the president of uber in india and south asia saying india doesn't move in cars, indians move in buses and two wheelers and three wheelers. it seems very popular and it's likely to be something that will be taking off very soon. i'm sure uber has a plan to disrupt as ever. thank you so much, simoney, for being on the programme. thank you too for your company and i'll see you soon. hello. monday's mildest weather was found

across the far north of the uk. and it's not that often we get to say that! whereas many areas stayed chilly, just one degree there in parts of mid wales, highland scotland saw temperatures climbing all the way to ten degrees because of a feed of south—westerly winds from the atlantic, bringing a lot of cloud, bringing some outbreaks of rain, but also bringing some milder air, which stays in place across northern areas to start tuesday, while southern areas have something much colder. so nine degrees there in stornoway — compare that with freezing in london. some spots a few degrees below freezing, and with the potential for some fog. a met office yellow warning was issued for the risk of some dense fog patches in an area that includes some key motorways and some major airports as well. and even if it isn't foggy, it's likely to be quite grey and murky, with some low cloud in places. so, poor visibility could cause some disruption and some of that fog could be quite slow to clear. but generally speaking across england and wales, we should see some sunny

spells developing. whereas for northern ireland and scotland, there'll be a lot of cloud. best of the brightness, i tihnk, across north—eastern scotland, eastern counties in northern ireland. still a south—westerly wind here, so ten degrees in stornoway, also 11 down in plymouth, but for many spots, we will have single—digit temperatures once again. now, as we move through tuesday night into the early hours of wednesday, again there's the potential for some fog across central and eastern and southern parts of england. another chilly night and a chilly start to the day here. further north and west, something milder but with some extra cloud, more of a breeze and some outbreaks of rain thanks to this frontal system here. this will be working its way in from the west as we go through on wednesday and you can see quite a few light lines, quite a few isobars on the chart, there'll be strong winds across north—western parts as well. that rain getting to scotland and northern ireland, eventually into the far north of england. further south and east, some of that fog to start off, which could be slow to clear. then we see some sunny spells. again, single digits for most but in the far south—west, the far north—west, we'll be up

at 10 or 11 degrees. now, as we head into thursday, we're going to see persistent rain piling in across western scotland, perhaps enough to cause some problems, maybe some localised flooding. it's going to be a windy day for many, particularly in the far north—west. steady wind speeds you can see there in the arrows, gusts of 50—60mph. further south and east, not as windy, and again we'll see some spells of sunshine. nine degrees there in london, but many more spots in double digits by this stage. and it will be milder for all of us by friday, but still quite windy with some rain at times.

good morning — welcome to breakfast with louise minchin in the studio and dan walker in enniskillen in northern ireland. 0ur headlines today: a man is held on suspicion of murder after a car hit children outside a school, killing a 12—year—old boy here outside debden park high school in excess ——sx, police are continuing their investigation. —— essex. president trump arrives in the uk, joining other world leaders for a summit marking 70