sluggish economy. of the industry? to strength in england, we'lljoin arsenal to see live from london, this is business today. the british chancellor, rachel reeves, will today set uk growth has been sluggish in recent years and crept up atjust 0.8% in 202a.

initiatives. there's also feverish speculation the government from. speaking to the bbc this week, the former bp boss, voiced his support for a targeted approach to chasing growth.

and very rigorously — rigorously — targeted. i don't think... we can't afford doing whatever we want to do or letting chancellor's ambitions. this is... forecast for this year, there's some moments

in the start of the year to really instil some on innovation, on really making place feel like it's coming out should be celebrated. and so one of the things that we are looking for is, for a while — for complex reasons, perhaps — through the system. 0k. that's just an example.

for a very good reason. so why now move them upwards? there are always trade—offs, and i think that is important to say. at any one time government is calibrating the needs of certain missions over other missions, but i think notjust to our businesses here, but also to our investors overseas who are looking and wondering whether that uk i think when against infrastructure investment, for example, some of those are the biggest multisector, multisite, multi—region signals that you can send, that is probably why some

of those trade—offs become implications of an ai breakthrough by chinese firm deepseek, according to white house press secretary karoline leavitt. to "potential security and ethical concerns. speaking on fox news, the recently appointed "white house aland crypto czar", david sacks, also from city index. from morning. . from morning. lovely to have you with us. national security

how much of a concern this 7 this for ”thisforthe 7 " ' this for the us? is this for the us? thank you for having — is this for the us? thank you for having me. _ is this for the us? thank you for having me. yes, - is this for the us? thank you for having me. yes, this - is this for the us? thank you for having me. yes, this is l is this for the us? thank you for having me. yes, this is a | for having me. yes, this is a real concern. at end of the real concern. at the end of the this is a chinese company defending the technical edge that they do chinese company day this is a chinese company and therefore it sort of has to and therefore it sort of has to play ball with chinese play ball with chinese government rules as far as data government rules as far as data is concerned. there is is concerned. there is obviously those questions of, obviously those questions of, happens this data? does what happens to this data? does what happens to this data? does it to the chinese it go to the chinese it go to the chinese government? that will be a government? that will be a concern for the us. that is concern the that is sense"; fer the 55:15:32 is something we need to keep in we need ssnssrn. fsr tis9 lslsst-�*sst is we need to ssrsssrrs fsr tis9 islsstisst is we need to keep in ssrss9tisirs5 i959 rs99s ts ems-s“ '7w”*w ,,,,,,,, mind, but there are also other but ssrss9tisirsa i959 rs99s ts e999“ " ~ ' ' ' but there ssns9tisirsa sf9 rs99s ts e999“ " ~ ' ' ' but there are ssns9tisirsa sf9 rs99s ts e999“ ww ww w w w but there are also other concerns, as well. as you concerns, as well. as mu 7 you mentioned, you touched on, concerns, as well. as vet! , you touched concerns, as well. as you , you touched on, mentioned, you touched on, there is this concern that, is this concern that, there is this concern that, actually, deepseek may may actually, deepseek may may have or taken 7 7 or taken part 5 j used or taken part in or taken partin j j used or taken part in intellectual property theft, as intellectual theft, as intellectual property theft, as well, in order to sort of well, in order to sort of intellectual property theft, as well, i this ier to sort of create this model. that again intellectual property theft, as well, ithisier to si that intellectual property theft, as well, i this ier to si that again ”ss�*s tisis "m�*is' tiss�* ”s" another issue ”ss�*s tisis "ss�*is' tiss�* ”as another issue and i think is another issue and i think that highlights the trouble is, is another issue and i think highlights the trouble f actually, that big tech and ai firms are going to have . is another issue and i think that highlights the tro and is, is another issue and i think that highlights the tro and ai actually, that big tech and ai firms are going to have

the technical edge defending the technical edge defending the technical edge that they do have. that they do have.— defending the technical edge that they do have. fiona, when we look at _ that they do have. fiona, when we look at what _ that they do have. fiona, when we look at what happened - that they do have. fiona, when we look at what happened on l we look at what happened on monday reaction, that monday and the reaction, that sell—off, and misjudgments, a panic and will panic and everything, will slowly write itself, i suppose. it definitely looks like

slowly write itself, i suppose. it definitely looks likl which but also for big tech, which are starting to report this sr9 starting to report, this. , . . . . and have spent sr9 starting to report, this. , . . . . ion have spent sr9 starting to report, this. , . . . . ion infrastructure investing in al, so can get it at a cheaper price, which will be beneficial. fiona cincotta, thank _ which will be beneficial. fiona cincotta, thank you _ which will be beneficial. fiona cincotta, thank you very - which will be beneficial. fiona| cincotta, thank you very much for that, joined us from city profits for last year. for the fourth—quarter, with revenues of over $7 shockwaves throughout the industry earlier

thank you forjoining us here on bbc news. monday, the shock of monday, how did asml read ss�* �*i—�*s—�*s. isss 24:24, £93k" sssd .. ....... ' ... and ss�* �*i—�*s—�*s. isss 24:24, £93k" sssd .. w ' ... and what ss�* �*i—�*s—�*s. isss 24:24, £93k" sssd w www ' ww and what do you 7 will 7 twillimakefw n w 7 77will7ma7k7e7 7�*7ti71e 77 “day’s; ww ww; morning, thank you for good morning, thank you for having me. it is my pleasure. start with the asml let�*s staft'witis tiss asml surprisingly strong, results. surprisingly strong, revenue �* than revenue higher than expected, but profitability higher than 2:7: also for various also the i77r various 7 77 hissthsihtiost; also the 7outlook as reasons. also�*ths'out�*took as expectations. and todayis today is the bookings, 7 bookings, new 7 bookings, new orders asm has (ings, new orders asm has (ings, new ord came m has (ings, new ord came in has (ingr euros, >rd came in at 7.1 billion euros, higher than what significantly higher than what analysts were looking for. they were something were expecting something . . , 3.5 and 4 billion between 3.5 and 4 billion soles. that very euros, so that is very positive, a good sign. lf— ;_ will like that today. anestorswilttiicethat today..- . we deepseek

anestorswilttiicsthat today..- . we deepseek and when we look at deepseek and that update earlier this week, what do you think it means for that update earlier this week, whi wider ou think it means for that update earlier this week, whi widerou think and sans for héppeheit 7 7 77 7 77 happened7wit7h77 7 7 77 happened7wit7i17t7h7e77 7 happenedwith7th7e77d7e7epseek what happened with the deep-seek. is that for the news is that investors for the time a very long time first time. ina vsry tong tims a reason to to had a reason to start to this massive of investment in al infrastructure. that has not for a happened for a while, that there was a reason to doubt it. caused and we this caused uncertainty and we saw a massive sell—off of saw a mauwesdi—d“ sf high exposure saw a mauwesdi—af“ sf high exposure to companies with high exposure to ai infrastructure, so nvidia, oii course companies iiike and of course companies like asml, then equipment manufacturers. the reason is that if there is investment in slowing, and ai infrastructure slowing, and remains to see whether that it remains to see whether that is going to personally is going to happen, personality don't think it is, it tcimst tisi'sis. it is. itis 7' - discussion, tcimst tisi'sis. it is itis - - discussion, but if anothsr'd�*issussion: but if that these companies will be happens these companies will be the hardest and that is

hit the hardest and that is investors panicking. hearing 77 hearing so much about77 the 77 the us.77what about china, the us. what about europe and ai? unfortunately, euro -e is europe and ai? unfortunately, europe is - once - europe and ai? unfortunately, europe is - once again, l europe is behind once again, we are losing out 7 77 7 7 to especially the us. compared to especially the us. there are a couple of reasons. compared to especially the us. there we a couple of reasons. compared to especially the us. there we don't ple of reasons. compared to especially the us. there we don't ple ( big asons. compared to especially the us. there we don't ple ( big tech ;. first, we don't have big tech companies like microsoft, alphabets, we alphabets, unfortunately we just don't have them. we — iiil few in the quite a few companies in the semiconductor industry like which are 7 which are very 7 asml which are very innovative since we are talking about but since we are talking about asml, the previous ceo has 77 7 out 7out against 77 77 7out against 77 7lack 7777777777 7o7ut7ag7ainst 777777lack of spoken out against the lack of innovation in europe. if i innovation ifi. europs. ifi him innovation in europs. ifi him correctly he said quote him correctly he said that europe is sleepwalking into crisis. into a crisis. basically out that there is a pointing out that there is a lack of innovation, a lack of subsidy for the high—tech

sector. this very different sector. this is very different compared the us compared compared to the us and eompared on top of that, we to china. on top of that, we like to regulate instead of innovate, which is also not innovate. which is also not so, yeah, we are once aain. once aaain. ., behind ansszaea ..... behind ones—eggs” ~ our viewers, behind ones—sass” ~ our viewers, asml is remind our viewers, asml is a netherlands company. jordy beuving, thank you very much indeed, you. around the world and across the uk, this is bbc news.

in first—quarter profits, as its recent turnaround continues. the firm's global sales fell li% starbuck�*s fortunes.

to paying customers. that's drawn flak. and remember this — last august, it was revealed that mr niccol will commute almost a thousand miles from his family home declining sales and traffic. one of which is that customers will now have to make free refills, and the return of the condiment bar. and has previously said that more job cuts will be on the way. it's the latest chapter

in niccol�*s quest to rescue starbucks hired niccol back in september from chipotle mexican grill. championship gave a huge boost to women's football in the uk. and this year, with the euro 2025 in switzerland this is having an impact. the moment that likely cemented women's football

it's just important to emphasise that you can play, like, i think, when you're younger, it's easy to fall into the shadows of the game, i guess, because you feel a community programme, and they now run around a0 that in the 2022—�*23 season,

more than 1,600 people 1a,000 people took part in different of economic value for the uk — of which almost half so the women's team also has really strong associations the team was initially founded by the community to play football. holding the records for most titles won in each domestic competition they have played. i wouldn't change it for the world, being part

level and inspire the next generation. fantastic. we're heading into the year of the snake. of business? and master bazi astrologer. for those who recognise it.

don't really do? so the snake, in particular, sheds its skin. will be a very good thing. it's a year of transformation, letting go of the old and transforming into the new. now, this could be a physical thing, it could be and no longer has a good purpose in your life. the snake do?", it also bites you and crushes you. i mean, how seriously do businesses take feng shui and chinese astrology?

oh, very much. very serious. from before they would even lease the property to build their bank on top of, or any business. so they do take it very, very seriously. and they want to be able to, you know, sell their houses for of you observing the chinese lunar new year, happy �*year �* year to 7 �*year to you. 7

a "national crisis". hollywood actor idris elba is now on a mission to break the cycle. but that particular day wasjust very, you know, it was really painful for me.

criminals injail... how old are you? i'm 18. 18? yeah. wow. but, unfortunately, i've been in five different prisons wow. yeah. for anyone that has an experience with knife crime, situations any more. about their behaviour. no. i used to. i felt naked without it.

that's an increase of li% on the previous year, with devastating consequences for the families left behind. ronan wasn't doing anything to anyone. this perpetrator — he took my child's life. the king is going to actually. come and greet you at the car. yeah. in the fight against knife crime.

idris elba: our knife crime crisis is on bbc one tonight permanently, after being named on this years the theatres trust lists venues that have fallen to money for repairs, as our reporter anna jameson has been finding out. lancashire, where the... seafront since 1897. derelict. but the last five years, we've tried to breathe life

since then, it's raised £45 million, with a royal seal of approval. but with still so much more work to do, it doesn't it is. and it does have some advantages, doesn't it — theatre. dark, dusty, miserable. depressing.

after the pandemic, and it's been closed ever since. and quite overwhelming, quite frankly. to the risk register, we actually welcomed that decision. i've got three children. first live shows. to go to manchester. hello, there.

wednesday we've got a lot of sunshine around, a few and we've got a new area of low pressure passing now the heaviest of the rain, the strongest winds remaining could be very wet and windy — 50—60 mph gusts here. dry with some sunshine. northern ireland. pulling away slowly

from the south east, northern and western areas likely to see these as we're likely to see frost develop, and that will greet us for thursday morning. a cold start with some mist and fog patches, too, probably the best day of the working week. and northeast of scotland. and the western isles as this next frontal system works 827