business elite in davos. the daily mail says that 80,000 canadians won't pay for the sussexes. according to the paper, taxpayers have signed a petition saying they shouldn't have to pay for harry and meghan‘s multi—million pound security bill. and finally, the times is just one of many british papers this morning running an obituary for actor and writer terry jones. the driving force behind monty python's flying circus has died from dementia at the age of 77. died from dementia at the age of 77. so let's begin with. with me is david buik, market commentator with core spreads. good spreads. to see you, david. good to see you, good to see you, david. good to see you, ben. many papers carrying coverage of the coronavirus story, new york times has the image of people trying to get about but with these facemasks. it's interesting,

these facemasks. it's interesting, the market reaction to this. investors seem to have more confidence in the way china is handling this compared to sars all those years ago. things are a little different. a, being a totalitarian state, china, you do as you're told, but in the western world, people say, "we advise you not to leave", may be some slip through the net. when you go back to the asian flu epidemic in 1957 wherefore thousand people lost their lives, healthcare 110w people lost their lives, healthcare now is so much better. as you talked about the sars in 2003, i think i'm right in saying 700 people died, which is awful, but something like 8000 people got sars one way or another. this situation is, i hope, controllable. the one thing i don't about it... i don't anything about it, is there is no injection, there

is nothing to stop you having it, therefore controlling people travelling, particularly in a city like wuhan and also china, that is one city, i think there's 15 cities with 5 million people or something, which we have never experienced here. markets have been mixed. they have been fairly muted and the day before yesterday they eased back by about 1%, regained poise yesterday and the dow only closed down 0.03, nothing! the markers seemed fine but this morning people have had another think. as you put on your screen before, i'm right in saying hong kong is down 2%, shanghai, 1.5% and 0.9% for the kong is down 2%, shanghai, 1.5% and 0.9% forthe nikkei. kong is down 2%, shanghai, 1.5% and 0.9% for the nikkei. that is quite a big movement. 0bviously people are a bit concerned. we've seen the price of gold go up and the price of oil has dropped down on the basis trade might be adversely affected, so i think i'm right in saying it is down three or 4%. those are measurable movements. i would describe the

market as slightly neurotic but i don't think we will go into a freefall. as you saw on the screen a moment ago, there's the other angle to this, not just moment ago, there's the other angle to this, notjust the way it is being dealt with in china but the risk of it spreading beyond the chinese borders, which it has already done in the region, but even as far afield as written, there is concern here, and airports are looking at screening passengers arriving from china for any signs of this respiratory illness. a symptom of the really interconnected world we have now, which means these kinds of diseases can spread more easily than perhaps in the past. you're absolutely right to do that, contagion is the major reason why these markets dropped a bit this morning. it will be interesting if we see the same reaction when europe opens this morning. i expect all the major three indices to drop down a viewpoints, and i suspect the same will apply in new york it tends to bea will apply in new york it tends to be a bit ofa will apply in new york it tends to be a bit of a merry—go—round. as you say, contagion is very important. we've had one case recorded in the

us confirmed, we've let to have one in the uk yet for the grace of god but as people can travel so easily, who knows. it is hard to estimate the scale of travel at this time of year within the country and people travelling overseas. absolutely, and there's a lot of people in the us from china, especially on the west coast. it will be hard to contain that, that is the nearest standing point from the chinese mainland. the us authorities no getting through customs is a nightmare and thank god! they will be properly screened. let's turn our attention to this simmering potentially early stages ofa simmering potentially early stages of a trade row between the uk and the us over the tech tax. please explain briefly what it is. it is a sales tax and people will recall

people like facebook, google, microsoft, amazon, who all play a huge role in our lives in the uk pay virtually nothing in the way of business taxes. they currently pay tax where they are or the account where there's no taxation. facebook and amazon paid tuppenny—ha'penny but the high street is falling apart and it is unfair. the prime minister and it is unfair. the prime minister and sajid javid, the chancellor, say this won't do and he knows the weight of the world is against him... there's an awful lot of what i call people out there who are looking to expose in situations. we had island when they had their economy dropped off the face of the world back in 2009, they said to people like google and microsoft and apple, "welcome, we will only charge

12.5%". hang on, the rest are between 19 and 25%. people are looking to capitalise, people who are mavericks, and this maverick behaviour with regards to taxation in the business world has to stop. platitudes like that are easy but implementing it is hard. that's the problem, unless there is a multinational effort companies will move elsewhere and it will be interesting to what happens, given the uk is looking do a trade deal with the us post brexit. brexitjust over a week away now. there's this internal triangle of the united states, the european union and us. there is among $91; billion worth of goods but nothing has been decided. it is all very well having and puffing from the european union and the uk government, and the same for donald trump, but there's a lot at sta ke donald trump, but there's a lot at stake and a lot of lives and a lot of mouths to feed. all this gesticulation, i love it, it makes

great copy but doesn't make any sense for business. from brexit to mexit, forgive me for using that term, that phrase. still getting a lot of attention in the papers. this is interesting, this petition, 80,000 people in canada saying no thanks, we don't want to pay for the security for harry and meghan. why should they? according to canadian authorities at the moment, only heads of state get compensation when somebody flies over, whether it is putin, trump, her majesty the queen, whoever. this lovely couple who have decided their life doesn't go on in the united kingdom have decided to fly the nest. i think everybody respects that. good luck, we wish you well. i would like to give them one piece of personal advice, and if they want it they can have it gratis, for goodness' sake, stop suing the

papers because you will never get them onside and you will never get any peace and quiet. you should never be persuaded from not seeking a legal remedy from where you feel there's been wrongdoing because you fear they will be a negative backlash. there's a negotiation and a conversation that can take place tween the daily mail all the mail on sunday, the sun, the mirror about the way forward. i think people when you approach them in a grown—up manner, they stop being aggressive. iand manner, they stop being aggressive. i and fearful for their lives. i wa nt i and fearful for their lives. i want them to have a wonderful life, they are a young couple. hurry is a tremendous character and i wish them well, but if you're going to square up well, but if you're going to square up to well, but if you're going to square uptoa well, but if you're going to square up to a set of media people, you might get $1 million you aren't going to get any peace and quiet. there's no price to put on that. we have got enough time to look at the times. terryjones. the tributes...

clearly much loved and much missed. we heard on the bbc yesterday michael paling's tribute, he was almost in tears, it shows you how much he meant to everybody for the monty python circus, so funny and very clever and very new at that time a0 or 50 years ago. a man who is as smart and who has such a wonderful turn of phrase, amusement, dry, dead, deadpan humourthat wonderful turn of phrase, amusement, dry, dead, deadpan humour that he should die from dementia is appalling. your favourite sketch of his? i don't really have a favourite sketch, i just thought his? i don't really have a favourite sketch, ijust thought it his? i don't really have a favourite sketch, i just thought it was magical. 0k. david, thank you. thank you so much. thank you for watching. don't go away, plenty more still to come through the day on bbc news. bye— bye.

hello there. wednesday was a rather grey and gloomy day for most of us — misty and murky with some spots of drizzle. there were a few brighter spells, particularly eastern scotland and north—east england, and i think today's looking pretty similar — most places cloudy with limited spells of brightness. we've still got our area of high pressure, it's getting squeezed out as lower pressure's pushing in from the north and from the south. this weather front will be pushing to the north—west of scotland to bring outbreaks of rain. but it's going to be another very grey day. there could be some dense fog patches in places, particularly england and wales, and some of the cloud might be thick enough for the odd spot of light rain or drizzle. much like wednesday, it's probably eastern scotland and north—east england where we'll see the best of any brightness. we could see a little bit as well across the south—west of england. for most of us, the winds will be winds but stronger in north—west scotland as that weather front moves in. there will be a stronger easterly blowing through the english channel. those temperatures, hovering around eight or nine for most, could see 10 or 11 in the brighter spots of north—east scotland. this weather front pushes further south with rain heavy on it as it continues to go south, but it tends to weaken and elsewhere

a rather cloudy night with spots of drizzle and a bit of mist and murk and again a largely frost—free one because of the cloud cover. a few sheltered spots in north—east england and north—east scotland could turn chilly. friday will be similar sort of day. with our low of high pressure with us, it's going to be a rather grey and gloomy one with those temperatures around eight or nine degrees. that is how we are looking on friday but out of friday and into the weekend, we start to see some changes. low pressure starts to push into the north—west of the country. for england and wales, you'll still notice not many isobars around so another day of light winds here and quite a bit of cloud. further north—west, for scotland and northern ireland, it will be a breezier day and we'll start to that weather front pushing into the north—west of scotland. could be as well because of the breeze mixing up the air, we could see some brightness for scotland and northern ireland but a rather cloudy day for most. those temperatures, 7—10. as you move through saturday night into sunday, that weather front

begins to push eastwards, slowly sliding across the country and you'll notice more isobars on the chart for sunday. so it's going to be a breezeier day, or windier day, for us all, particularly in the north—west. this weather front moving eastwards will bring outbreaks of patchy rain, the odd heavier burst on it as it moves across england and wales. brighter skies in scotland and northern ireland but here there will have blustery showers and they will be wintry and quite cool over high ground, nine or 11 in the south—east. then as we head into following week could be unsettled. we could see a deep low bringing gales and a spell of wet weather early in the week.

good morning — welcome to breakfast, with naga munchetty and charlie stayt. public transport has been shut down in the chinese city at the centre of the coronavirus in a bid to stop the outbreak. 17 people are known to have died, as the world health organisation meets to decide whether to declare an international health emergency. after years of campaigning, the bereaved mother of 2—year—old jack wins grieving parents the right to more time off work. less stuff, more memories. why four—fifths of millennials say they value new experiences like holidays and entertainment