parliament like no other parliament ever before to challenge and hopefully bring about that change. thank you, mr. speaker. >> thank you. >> with the words of the prime minister in her condolences to those who lost-- lost lives in manchester and london and to pay tribute to the services. we do that as our democratic process was affected twice in a short campaign and can i also had to say that we will miss many of those who have lost their seats from all parts of the house, but we welcome the new members from the parties. they are not some big piece who have gone and i suspect we will miss them sooner rather than later, but i also agree with the premise run one other thing she said, politics are not debated and i think that is important. whether we take a different view on the constitution, on brexit, on social policy, these are simply the different opinions of political opponents, not enemies and that we can reflect a little more respect across the parties. that will do this house a great deal of good. mr. speaker, may i congratulate you. we have always seen usa champion ensuring al

a hung parliament. did not have to do it. she squandered her opportunity. will she last the 24 hours? think she will last the 24 hours, but not the weekend. she will probably resign over the course of the weekend. the tory party is quite ruthless in getting rid of its leaders when it is done with them, you saw that duncan smith. -- you saw that with duncan smith. who steps in, however, remains to be seen. it will probably be a big beast, and they need a firm position on brexit. that is why the bookies are making boris johnson the favorite at the moment. anna: that will be interesting to watch. we might have a clearer lead on personal convictions for brexit. does brexit remain a guiding force here for the political story and for the investment story, jeremy? >> i think it has to. this election is still a brexit election. we are pulling apart, not all of the votes are in, not all of the seats have been announced. we are waiting to see and read through the tea leaves in terms of that this go picture here.

this parliament and no other parliament ever before to challenge and hopefully bring about that change. thank you, mr. speaker. >> hear, hear. p.m. may: >> thank you, mr. stewart haysy. with the words of the prime minister in her condolences to their lives in manchester and those who lost london and to pay tribute to the emergency services, it's -- we do that as our democracy process was affected twice in a short campaign. can i also add, say that we will miss many of those who have lost the seats from all parts of the house, while we welcome all of the new members from all of the parties. there are some big beasts who are gone and we'll miss this sooner rather than litter. i must also agree with the prime minister, politics are not divisive and that's important. whether we take a different view on the constitution, on brexit, on social policy, on tax and spend, these are simply the different opinions of political opponents, not enemies, and if we can reflect a little more respect across all the parties that would do this house and politics a great deal -- mr. speaker may if congratula

so let us choose in this parliament to conduct ourselves in a mannerfitting choose in this parliamentanner fitting to this moment, to debate, to disagree, but in doing so we recognise — to recognise we all want to see a britain that is stronger, fairer and safe and secure for our children and grandchildren. and that our shared values, interests and ambitions can and must bring us together. as we face difficult challenges ahead, let us come face difficult challenges ahead, let us come together in a spirit of national unity to keep our country safe and build a stronger, fairer and more prosperous future for eve ryo ne and more prosperous future for everyone in every part of our united kingdom. thank you. i call the leader of the opposition. mrspeaker, thank you very much, i follow the prime minister in the remarks she made about the importance of the work we all have to do in this parliament. and i will come back to that in a moment. firstly, i want to congratulate the honourable member for rushcliffe on becoming father of the house. he seemed to me to be a very well established mp when

parliament, the lower house of parliament, the assembly national. .t got quite a facelift of the 577 lawmakers, 430 were not in the previous assembly, so quite a turnover. 75% of the parliament was really, a record in france. the change that was promised has arrived. fresh faces in parliament, april that is younger and more feminine. the parliament has changed so much, you would not recognize it. mps hasage age of dropped five years, 48 years and a couple of months. and a record number of women elected to this lower house of .arliament as well, 233 women that brings up the percentage of women in parliament to 38.65%. that is also a record high in france, but a little bit far from the 50% which would be a gender inequality in parliament. this parliament is drawn praise because it is younger and more feminine but also drawn criticism for not being as diverse as the rest of france is. if you look at these lawmakers that are elected, very few blue-collar workers, farmers, a majority of white-collar workers from the private sector essentially. >> an increased number of mps who are busines

if you do get a proper, parliament, you will see 1.27 and a parliament. underperforming swaps tomorrow, if this poll is accurate. jon: the emphasis is on the word if right now. jordan rochester, great research on this. and phillip blon, he will be sticking with us. coming up on the programming, 2015 proved crucial to the overall election result. affectht the anti-brexit us this time around? from london on bloomberg tv and radio, this is bloomberg. ♪ ♪ the united kingdom appears to be headed for a hung parliament. according to exit polls, they fall short of a majority, with only 314 seats, down from 330. meanwhile, jeremy corbyn and his 266, up from6 -- 229. jon: the market has to adjust and it reacts lower for the cable rate. 1.54% on the screen. and it negative territory. u.s. sterling pops higher, 1.4% a stronger euro, stronger dollar, but a weaker pound. a weaker pound has to adjust to a huge amount of insecurity. a hung parliament at this point, from everyone we have spoken to, is a huge amount of uncertainty, fueled by an exit poll. a lot of people a

indications with the pound dropping as it looks like a honk parliament. hung parliament.t the moment with the way things are going that, well, theresa may after trying to get a mandate for strengthening her hand in order to leave the european union, certainly not got that. on top of that, it does look as though perhaps we could be seeing an opposition coalition as well. chart, looking at this the biggest reflection has been the currency markets. towardsd edging down 1.27, session lows at the moment , 1.7 percent fall back or that is the scene outside jeremy corbyn's house. this is bloomberg. ♪ haidi: uncertainty in the u.k., a hung parliament with conservatives falling short of a majority. plunging theling most since january and raising doubts about negotiations with the european union. the u.k. could be without a full functioning government 11 days before brexit talks are due to begin. rishaad: the questions are being the primet minister's future. she may not survive. this is our special coverage of the british election. i am rishaad salamat coming to from our asia headq

because the decisions lie with the westminster parliament for each parliament. it is no longer a commitment under the treaty of rome. >> just to be clear, you did run the strong er campaign, your colors are firmly nailed to the political mask here. what is the point of the whole exercise if we continue to demand single market access and give ground on free movement of labour. those are the two key issues around the brexit vote. if we have a soft brexit and no limit on migration, what was the point? >> it is a decision for each parliament, that's the difference, between what we had before, before we had a commitment under the treaty of rome. now, each parliament decides, so the next parliament will decide, i hope, open door policy, avoiding tariffs, but that doesn't commit the parliament in five years time or the parliament in 15 years time, that's what changed and that's what we're expecting the brexiteers, what they're hoping for. >> what happens to the financial community in the outcome you're looking for? we know many acts have organized plans to move facilit

what does a hung parliament detail? .> 326 seats that was the number needed for a majority in the house of commons. a goal that was not reached by one party friday. now that theresa may's party has lost their majority, they are facing a hung parliament. what is that? clearo one party has a majority and loses the ability to form a new government. a hung parliament does not mean theresa may gets the boot right away. she may resign, but she may also thato woo other parties would bring them to the needed 326 seats. that is where things get complicated for the prime minister. parties may be unwilling to form an alliance. theresa may will likely seek out the help of two parties in ireland. if that does not work and may resigns, what happens next? be up torbyn would bat. he might be able to form a coalition with smaller parties. an alliance that would put the brexit issue front and center at the debate. donald tusk has urged britain not to delay talks, warning that time is running out to reach a divorce deal. weighting hasid m

francine is it parliament. -- at parliament. roland is with her as well.europe. we digress from a terrific news flow to try to drive to next week. there is no one that are to do that with. chair yellen has many great challenges. with the u.k. elections and on and on, is she central banker to the world? willem: the u.s. provides the only local reserve worth mentioning. she is central banker to the isld, whether or not there u.s. domestic politics. importantially because we are unlikely to see things happen on the physical iscal side. the way the fed balances sheets is more important. the -- bring up the chart. this is the chart in an article. this is the balance sheet of the ecb, the fed, japan to their gps. this is a stunning and ugly site. how do you link the interest rate dynamic with the balance sheet and the desire to bring that balance sheet in? is the cart attached to the horse? are they separate western mark -- separate? willem: it's political. it has nothing to do with monetary management. ratesn't cut interest anymore. once you are away from the b

it will be known as the brexit parliament.inates everything else. the other interesting thing, it's clear it's from a minority government. in terms of this sort of queen's speech you would normally see after an election, it's incredibly modest apart from the brexit bills. queen's speech for a country withdrawing from the european union, the biggest thing we will see for a generation, is the balance right? there is an interesting question of how much space the other bills take up. we always said that with this big, massive brexit legislation to get through, there wouldn't be much space for other controversial bills. what was clear when the prime minister didn't get the big majority she sought, is that spending loads of parliamentary time and effort on things other than brexit wasn't a luxury she could afford. how damaged is she, do you think? only time will tell as parliament proceeds, but her position is and what she wanted when she called the election. it's remarkable how little of the ma nifesto remarkable how little of the

reporter: a deadly assault on iran's parliament.s video posted online of attackers in the building shooting down to the street. the attack was part of a coordinated assault on the iranian capital that killed at least a dozen people and injured many more. >> we were standing outside when we heard the police saying that some people had rushed into the building. i saw a guy getting shot. he fell to the ground and was taken away in an ambulance. i was on my way to the hospital and i heard the sound of gunshots. suddenly there was chaos, and the security forces arrived. they blocked off the street. reporter: the second attack took place in in about 20 kilometers south of the parliament building at the shine -- the shrine of the former leader ayatollah khomeini. it is reported one attacker detonated a suicide vest while another was shot dead. iran's supreme leader dismisses the attacks as fireworks that he said would not affect the country. >> the fireworks that took place today will have no effect on the people's will. everyone has to kn

it is a hung parliament for parliament -- for britain.ome talk we would hear from theresa may around 10:00. that is denied right now. exit uncertainty is the big story surrounding this. is a softer brexit now a more likely outcome? we are going to take you lived to brussels to discuss that issue. what is going on with the pound? it is trading lower. the cash open in around 30 minutes. matt: it was interesting. when i came into this trading for around 4:00 this morning, there had not been a lot of action overnight, especially not relative to what you softer -- after brexit and the trump election. i thought we would see the pound move lower and more volume. that picked up once you got the hung parliament headlines coming across. we have seen no a pretty serious size in town to selling hit new session lows just minutes ago. within the last couple of seconds at bbc is reporting theresa may is saying she has no intention of resigning. i wonder whether that decision is hers to make anymore. it will be interesting to see how the party rallies ar

but a very unusual first day of school, a very nonstandard parliament. 75% of the parliament was renewedn the recent election. that is a record. delano: it is a new parliament but a lot more younger and well more women. florence: a more feminine parliament. that is an angle getting a lot of attention. the print -- the french president talking about lady lawmakers. you can see one of those women .awmakers from macron's party she is one of the 224 women who are elected to this parliament. that brings the percentage of women in parliament to 40%, which is a record. it is not quite 50% but still a record. they applaud the fact that there is more women and say it is not because they have certain qualities that men don't have, they are either better or worse than men but they should be where decisions are made because they represent half of humanity. delano: exactly. there are a lot of new faces but there are also people that are familiar. oldies -- familiar faces. among that, you have the leader of the far right party, marine le pen, and the former prime minister who managed to save face and

it is the start of a brand—new session of parliament, a hung parliament following the

and they will keep this parliament extremely busy.bill, but these other bills that will be really important to shaping life after brexit. and there's the rub, the government has to push all this through with the most unstable majority imaginable. expect rebellions, threats and uncertainty. chris morris, bbc news. there's so much to get through over the next two years. and the conservatives have no parliamentary georgie. there is still no official deal between the democratic unionists and the minority conservative government. 0ur northern ireland political editor, mark devenport, joins me here in westminster. there was speculation that we could have an announcement on a deal as early as tomorrow morning. the dup we re early as tomorrow morning. the dup were thought to have rubber—stamped negotiations but senior ministers today acknowledged a deal may not be possible and we know there are big financial asks from the dup and that could be causing problems in the treasury. such as? for instance took about £1 billion in extra health fundin

but in, or out, resista nce outside parliament.ime minister could come from all directions. in the debate on the queen's speech which began this afternoon theresa may said the government would try to build a wide consensus as bills on brexit go through parliament. but is that consensus possible? here's our deputy political editor jon pienaar with his assessment. it was a brief visit, very brief, but long enough for the queen to leave behind a new course for her country — laws and borders made and managed by britain alone. the setting never seems to change, but laws passed and stored here for decades and built to follow the rules of the eu club must go. now a government weakened by the election is reaching out to other parties, and across the country, before scrapping the law that took britain in — and planning a future outside. i think it will be tough, but on the other hand, i think there's a consensus across parties that we are leaving the european union, and there will be discussion about exactly what that means, and so what we

this is the beginning of a new parliament.er. we are just discussing here whether it is indeed going to be john bercow again. we are not aware of anyone who is challenging him for the position. that is as much as i can say to you. it may well bejohn bercow. we will find out this afternoon. then after those formalities, there may well be more talks with the dup before theresa may willie bain does have to go, because she has a pre—arranged meeting with emmanuel macron in paris tonight. a meeting, a dinner, that was all arranged before the election. she will be heading off to paris at some point this evening, which means those talks with the democratic unionist party cannot continue indefinitely into the night, because those talks in france ta ke night, because those talks in france take precedence. just to bring you write up to date if you are not entirely clear what has been going on in number10 entirely clear what has been going on in number 10 downing street, there was quite a flurry because we we re there was quite a flurry

a hung parliament means an efficient parliament for sure. charles: we'll come back out to you. i want to pick back up on the conversation. the big news out of washington, d.c., we have gregg jarrett also joining him. gentlemen, a slam dunk on the russia part. and i understand what gregg is saying with respect to flynn and his interpretation. but we do have a special counsel there, and they did have another private session. what do you think? does it move forward at all or is this still a media -- is it more about the media hype than reality? >> it's more about hype. this is the day the russian collusion died. the fairytale came to an end. >> this russian collusion thing is dying out, we areoing to go toward obstruction. so i think that's the next fairytale that's going to die. he feels complete think vindicated. i think the biggest thing that came out today, if you want to talk collusion, obstruction of justice. comey and lower let -- comey ana lynch on the hillary clinton case. james comey was the leaker. he bank show it off one of his friends, but he was the leaker to the pre

it is a question for the future parliament, the future british parliament, the future british parliamentou need a cross—party negotiating team to send to brussels, that is possible, especially when theresa may doesn't even know whether she will get there. port of the dup, so i think the british government has to somehow find something before it goes to brussels, otherwise perhaps negotiations can be delayed until somebody has a majority in british parliament. thank you very much for your time. thousands of people pushing for catalonia for independence have protesters the spanish government to recognise a referendum there. campaigners held a rally in barcelona as they released a manifesto ahead of the independence vote in october. amongst those taking part was pep guardiola. leading political and civic figures attended the demonstration. it followed the catalan regional government announcement on friday that it intends to hold the referendum on october one. we will vote even though the spanish state doesn't want us to. pep guardiola read out a strongly worded manifesto outlining catalonia

that is because the weather of parliament in the last parliament could be seen to go against the wishes was the revered sex that was the revenge of those water to remain, not sure about that. —— people saying this election was the revenge of those who wanted to remain. the gap in terms of the official positions, the ones that we re official positions, the ones that were in the manifestos, is not that large. labour gave a feel-good spread to its position by saying that it was great to get the best possible deal and continue with the benefits of the single market, but i don't think you can do that if you are committed to stopping free movement. that will always be a big issue due to the concerns of the public in the referendum. that gives a lie to the idea that there will be frictionless trades, because if you when it said the single market things will be to be checked to make sure that they comply with eu standards. it will not be frictionless as we are outside the market. how does the two-year timetable to you ? market. how does the two-year timetable to you? too short. i don't think an

to the we were close parliament in a taxi, we heard some gunfire. tourity officials told us stay away because apparently a shooting was happening. people were panicked and started running away and seeking shelter. town,the other side of some 25 kilometers south of the parliament, two other suicide bombers detonated their best outside the ayatollah khomeini mausoleum. several people have been killed in the twin attacks, and scores more have been wounded. iran's foreign minister offered his condolences. >> other like to express my condolences to iranian muslims after the terrorist attacks on the revered mausoleum of ayatollah khomeini and the parliament. this attack will fortify our resolve in her fight against terrorist groups. >> shortly before midday, the islamic state group claimed responsibility for the 20 attacks. it's at war with allies of the assad regime. acts are rare in iran, especially in the highly secured capital. both the sides of her targeted this wednesday are highly symbolic. iran's parliament has been well members as well as represe

is very worried all of a sudden that scottish parliament could block brexit, that is not the case, ild not say, but what they can do is and what they may do is very complex is, when do legislation goes through, eight in the queen's speech today, if there are any part of legislation that affect areas like scotland, that has to go to the parliament to vote on. they do not have a veto on this but they have a vote. it may be something they vote against at amendment, entirely unlikely, it could be the snp, which does not have a majority, but which is the biggest party, as the tories are at westminster, could be that they choose to do that, would be potentially seen as irresponsible but the result could be that scotla nd but the result could be that scotland could still fall under some kind of eu law whereas england does not, if that makes sense. the first thing could be that this stretches the whole process out. it stalls things and makes the timetable, which is already tight, even tighter. i'm learning all sorts of new words, the fuel convention, the salisbury convention, i think the sal

theresa may is back in downing street, but her parliamentary majority is gone, and britain has a hung parliament. i have just been to seen her majesty the queen and will now form a government, a government that can provide certainty and lead britain forward at this critical time for our country. labour made gains across britain, confounding many predictions, asjeremy corbyn said his party was the real winner. incredible results. the labour party. it was people voted for hope. young people and old people all came together yesterday. a very high turnout, a huge increase in the labour vote. we'll have the full result with the conservatives on 318, labour on 262 and both parties having increased their share of the vote. in northern ireland, said they would try to help the conservatives stay in power. in scotland, a challenging night for the snp as they lost a third of their seats and its former leader alex salmond was among those defeated. after a collapse in ukip‘s share of the vote and no mps, the party leader paul nuttall resigns. good evening and welcome to bbc news. theresa may is trying to con

parliament.. with 322, that is the final figure, it could move either way, it will be a conservative queen's speech. they may need to butter up the dup in northern ireland, but there is not an anti—tory coalition of left and ce ntre—left an anti—tory coalition of left and centre—left parties and scottish nationalists and so one that could combine to defeat the tories. they have been humiliated that they will carry on. humiliated, but if it moves another few seat up they could have a majority. anotherfew moves another few seat up they could have a majority. another few seats down and they may be out. we are in that area where small differences. we'll be up well into the morning because the final few results are concerned of the politics of parliament. that is absolutely right. we can be confident that the unionist mps in northern ireland would prop up may if the numbers are in kind of zone. —— would prop up theresa may. but her own authority will have been so damaged from chucking a ball into the

and that does not a lwa ys parliament goes.nerate the best economic policy—making, because you end up having to appeal to people's political instinct, rather than assessing a project on its real merits. and business leaders and market watchers have two work out what it means, a conservative government with the dup of northern ireland, and what that means for economic policy, but also the brexit negotiations. cheesemaker. so taking a conservative economic policy foes, adding additional spending in northern ireland will be a fan to try and secure the votes on a deal by deal basis. they can adapt to seek cross party support. on brexit, there is a potential here for a softer version of brexit is at —— as a result of backbenchers wishing the gunmen to this offer. sterling has been so softer. —— pushing the government. you may well see a rally as the market looks at this and sees as the market looks at this and sees a softer brexit down the pipeline that we would have assumed under a conservative majority. thank you so much to your a

police say 300 people turned up to a planned protest outside parliament. to the weakened prime minister could come from all directions. so, the legislative programme ahead will be dominated by the major challenges surrounding britain's departure from the european union. in the debate following the queen's speech today, theresa may said the government would try to build a wide consensus as the brexit legislation makes its way through both houses of parliament. but the government is likely to face determined opposition on some fundamental points, as our deputy political editor jon pienaar explains. it was a brief visit, very brief, but long enough for the queen to leave behind a new course for her country. laws and borders made and managed by britain alone. the setting never seems to change, but laws passed and stored here for decades and built to follow the rules of the eu club must go. now, a government weakened by the election is reaching out to other parties and across the country before scrapping the law that took britain in and planning a future outsid

the uk now has a hung parliament.rived back here in downing street after going to see the queen. she said she would stay on as certainty is what the country needs most. i have just been to see her majesty, the queen. i will now form a government, a government to provide certainty and lead britain forward at this critical time for our country. the snap general election has for the conservatives — they've lost 12 seats — labour has gained 29. the labour leaderjeremy corbyn has confounded expectations — gaining seats across the uk. he says labour is ready to form a government. we are ready to do everything we can to put our programme into operation. there isn't a parliamentary majority for anybody at the present time. the party that has lost is the conservative party. no single party has enough seats to win overall control of the house of commons. theresa may will form a government with the help of northern ireland's democratic unionist party. it was a bad night for nicola sturgeon and the scotish national party — they l

well parliament must meet and parliament will then have to take a decision on what happens when a governmentk in all this uncertainty, the brexit negotiation should be delayed? they are supposed to be happening in11 delayed? they are supposed to be happening in 11 days' time. they are going to have to go ahead, because article 50... government and offers in11 article 50... government and offers in 11 days' time will have to conduct the brexit negotiations. 0ur position is for a cure, we wanted jobs first brexit, therefore the most important thing is the trade deal with europe and i would have thought perhaps a good gesture from parliament would be to vote now to agree that all eu nationals can remain in britain. do you think they can be sons would delay to article 50 any delay whatsoever in the negotiations? that not completely in britain's hands, that has to be taken by the other parties in negotiations, we are ready to undertake the gutsy asians on the half of this country to protectjobs and have a sensible tariff free trade arrangement with europe. do you think theresa may should resign?

backbencher parliament.e, she is not telling us, as my wife would say! the vote in 20 minutes. because of the amendments, we could get the result after six o'clock. back to you. the retired judge heading the inquiry into the grenfell tower fire says he is "doubtful" the process will be as wide—ranging as some residents hope. sir martin, who is 70, has been meeting residents of grenfell this morning. he said he understood their "desire for justice". it is an enormous tragedy and i can honestly say i have never seen anything like that building, that is now completely gutted, you can see through it in many places. it is very difficult, even having heard from former residents, to understand what a terrifying experience it must have been to be in that building without any obvious means of escape as the smoke started to rise. they have got my greatest sympathy. having said that, i am absolutely determined that this inquiry is going to be open, full, and cover all of the ground so that we can reach reliable conclus

now on bbc news, the week in parliament.come to the programme in the week the queen came to westminster for the state opening of parliament, and set out the government's plans for the next two years — starting with brexit. my government will seek to maintain a deep and special partnership with european allies, and to forge new trading relationships across the globe. theresa may sets out what action the government's taking following the grenfell tower fire. but reveals other high rise blocks could be at risk. mr speaker, shortly before i came to the chamber, i was informed that a number of these tests have come back as combustible. and all mps start their life in parliament by taking an oath of allegiance to the monarch, but is it time for a change? i think the queen is a wonderful woman and does great work, but i'm here to represent the people and that wasn't an option. but first — it's been a dramatic couple of weeks since we were last here, with an election result that few predicted and theresa may returned to power — just

the parliament won't agree. in that case, the talks could be extended but all sides will have to agree on that. otherwise, the uk would have to leave the eu with no trade deal or key policy arrangements, meaning the world trade organization rules would have to be something that the uk falls back on. alongside all of. >> there will be a new set of agreements, as well, which will underpin the new relationship. priorities there will include immigration and border patrol, trade deals, customs agreements, security and intelligence. i haven't even mentioned the deals and agreements the uk is going to have to reach with non-eu countries. the british government is going to have to work on lots of new trade and immigration deals with countries around the world. the uk says it wants to avoid falling off a disruptive cliff edge. now the clock is ticking. >> max foster, thank you. >>> still ahead here on news room, we will take a look at some of the awkward moments vice president mike pence has experienced since taking offi

my first parliament was john major's government in the late 905 when fir5t parliament wa5 john major'ry night. i feel that's going to be the case. but nobody wants that's going to be the case. but nobody wa nt5 an that's going to be the case. but nobody wants an election, i don't think anyone in the country want5 nobody wants an election, i don't think anyone in the country wants to go through that process again, we wa nt go through that process again, we want to make this work for the time being. did you bump into any mps from the dup and ask what is going on? not today, but! from the dup and ask what is going on? not today, but i know a few of them well and we have common view5. so why is this more drawn out? 0bviou5ly negotiations are still ongoing but it's not the end of the world that is not a formal agreement, governments have continued as minorities in house of commons in the past and i don think there'5 commons in the past and i don think there's any reason this one could not do the same if that becomes nece55a ry. not do the same if that becomes necessary. i think it's going

but basically, it is a hung parliament. with a great perspective on what has happened in the past. in these circumstances in the past. in these circumstances in the past, what has happened, what has the prime minister been doing? ted heath was involved in a snap election. what they did on the friday afternoon, that was intriguing, he called the cabinet together to tell them he would try together to tell them he would try to do together to tell them he would try todoa together to tell them he would try to do a deal withjeremy thorpe, the liberal leered. then on the monday before he went to the palace to resign, that afternoon, if i recall correctly, he had another meeting to report on why he didn‘t think what jeremy thorpe was considering offering. which was not much. and i thought that he also thought that the offer was ropey. but if theresa may is to be more collegial, one would look for her to take them into the cabinet. no sign of it yet. we have not heard anything of her gathering a team around her and as well as discus

a hung parliament would be a disaster for u.k. businesses. that's the warning.lmost all businesses are now more worried about the makeup of the new government than they were at the time of brexit. 57% are pessimistic about the prospects for britain. t ithe time of breci was 43%. 92% are concerned about the makeup of the government in the u.k. economy, but 59% don't want to see another election. that is what you see people like boris johnson saying i'm not necessarily going to run against her. let's look at the wrist radar. more of the u.k. feels today because this is all about the time we went banking on friday. 1.2753 for reprieve, the pound, a slight studying of the nerves. volatility is interesting, euro-sterling .8787. as theresa may goes to interest the committee, the rank and file, the volatility of the ftse is down and will continue because the pound dropped. that discount is very much implied. let's look at it and have a look at the asian equity markets, because it is all about the technology stocks. that valuation is beginning to the question. msci asia

our system operates on the basis of can you get an actual parliament, can you get a vote through parliamentf adversity, and i've got complete confidence that a reasonable come out of this is longer. but this was a self—inflicted wound. she didn't have to call an election. her judgment in making it so presidential and focused around her, relying seemingly, if we are to believe the press, an influential advisers, and not having the kind of cabinet responsibility and input into the manifesto that a lot of people might have expected. and her own personal style and dealing with the voters not turning up to the debate. you say it's utter nonsense that she's a lame—duck prime minister, but she's brought all of this on herself. where is the confidence that she had? never despaired democracy. we asked the people a question. they voted. we didn't come up with a question. they voted for more conservatives are voted for more conservatives are voted in record numbers for conservatives. we have a big gap between ourselves and the labour party. so at that point it's the ball to move on, will form a govern

the worst possible outcome would be a hung parliament. cheering. today as the leader of ukip with immediate effect. cheering. are you resigning, prime minister? are you stepping down, mrs may? morning, all! i will now form a government. a government that can provide certainty and lead britain forward at this critical time for our country. we will enter discussions with the conservatives. now, let's get to work. the last time i was here i rather excitedly spoke about the return of summerand excitedly spoke about the return of summer and has been some changes in the outlook and that return might be a little delayed. we will look apart ina a little delayed. we will look apart in a moment but that is fair to the weekend first of all and quite a mixed bag, some rain arrived at times but there will be warm sunshine and throughout the weekend it will be rather breezy. we a good few rainbows on friday and this one was taken in derbyshire weather was heavier showers but those are well long gone and we are looking into the atlantic in this area of low pressu

issues for us were to make sure that there are meaningful votes in parliament, make sure you keep parliamentat on the amendments we put down, they said, no, the executive will decide it. if they want to negotiate in the national interest, and have to come back and make sure they keep the house in form from every decision, people say that is not practical in negotiation, but you can make sure that you bring the house and the country together on this. if they mess up, if they don't involve parliament in the process, if they try to do what is in the best interest of the conservative party as they have done for so long, we will make sure they are held to account and we will take advantage. jeremy corbyn came a good second, you are talking as though you are in a good position, you are quite a way behind but you are behaving as though with the flick of a switch you could take them on. there has been a change, we understand we did not win the election but the whole setup of where the conservatives wa nted setup of where the conservatives wanted to head, where they wanted to go in, the hubris with w

there is no appetite or mandate in parliament for trying to stop brexit.ion. let's be clear. we are respecting the decision of the referendum. we are democrats. we are respecting the decision. i think people will interpret membership of the single market as not respecting that referendum. others in labour say it's time to get the whole of parliament behind a brexit strategy. now there should be a sort of cross party commission or group set up to try and take forward those negotiations in a way that is open, thoughtful, consensual, that accepts that not everybody is going to get the deal that they want. all this confusion comes two months after britain formally handed in its notice to leave the eu. brussels is waiting to negotiate. the two—year clock is ticking. ben wright, bbc news, westminster. downing street says there's been no change to plans to invite us president donald trump to visit the uk. it was responding to a report in the guardian newspaper which said president trump had told the prime minister during a phone conversation that he didn't not wa

this time it suggests we've got a hung parliament. in fact in 2015, you know, she called it a coalition of chaos herself, and it looked like the crows have come back to roost. liz: you see your point, theresa may is home secretary, longest serving home secretary since world war ii. that meant she was responsible for england, the uk's security. people complaining in the uk. she cut back on the police force. what are your thoughts there? >> well, i mean, yes. most important job some say sometimes, more important than being prime minister, is to run the country, is the home secretary. we have terrorism. homegrown terrorism. farm terrorism in britain. finger will point at her. may be after a long night that awaits britain for a verdict as to whether she gets her 326 seats or doesn't and sticks at 314 as per the polls, that her only hope is that the brexit negotiations get started and parliament doesn't want to rock that boat. there's enough boats being rocked in britain at the moment, which is why you see the pound go down. liz: here's th

. >> queen elith attended the second state opening of parliament yesterday. the speech is written by the government is given to the queen to read in front of the members. the speech is about 15 minutes. >>>may all be seated. my lord and members of the house of commons my guv rns priority is to secure the best possible deal as the country leaves the european union. my ministers are committed to working with parliament, business and others to build the widest possible consensus on the country's future outside of the european union. a bill will be introduced to repeal the european communities act and provide serncertainties businesses. this will ensure that the european union makes a certain of brexit ensuring new national policies on immigration, international sanctions, nuclear safeguards, agriculture and fisheries. support will be given to help british businesses export to markets around the world. prime ministers will strengthen the economy, said that it supports the creation of jobs and generates the tax revenues needed to invest in the national health serv

after the conservative lost majority in parliament.y get this opened sharply higher on hope that is the weaker sterling, the british pound is going to mean a bigger british import. that could be good for economy. ftse up 61 points right now. lauren: gaining throughout the show. here in the u.s. after crossing record territory nasdaq record high of the year, futures are still higher, nasdaq futures up 6, dow futures up 38, everybody up for the week. cheryl: the markets here at home got some support after it appears that president trump was vindicated yesterday in the testimony of former fbi director james comey, now trump's lawyer is set to file a barrage of lawsuits. lauren: there's this. uber ceo travis is in hot water this time because of an e-mail he sent to employees about sex rules. you will not believe the story. cheryl: yeah, we are going to hold off on the comments on that one for sure. good morning, everybody. it is 5:31 a.m. here in new york. it's friday june 9th, good morning. i'm cheryl casone. lauren: big week of news, goo

and they free up 118 over the parliament. 50 pounds on the additional rate of income taxes and couples are married in 10 billion pounds over and the spending commitments around 80 billion pounds of the parliament. so they are affordable that we have set out. if for example there needs to be investment with some of the impacts of brexit. this is aside out an affordable plan. how we balance the budget is to take a sensible step towards balancing not budget, but not doing it through aggressive cut on the backs of those that can least afford. this is significantly moderating and so one of the really things about the tory economic policy in the past number of years that the onus verdi has made it harder for them and meet those targets were successfully. and we are putting forward a credible posterity to get the finances within investment forr the future -- [inaudible] [applause] >> tom gordon -- sorry, was i -- i think tom is now go behind to kathleen. >> banks, prime minister appeared to manifesto covers in 2015 and 16 were essen

instead, there will be a ceremony of the european parliament in strasburg.t the cathedral. he will also be buried in that city, which meant so much to him. sarah: and we will have full coverage of the funeral events tomorrow. coming up, christophe from the business desk with diplomacy between china and the u.s.. >> 14 years of the fears over mad cow disease are over. china has lifted the ban on u.s. beef. walmart licking its lips as chinese customers will be at the sink their teeth into american steaks. their appetite is growing rapidly. correspondent: marbled, juicy and the right color, chinese shoppers are eager to buy the beef just in from the u.s. it is more expensive than the local variety, but it has novelty. the 14-year-old ban on u.s. beef because of mad cow disease has been lifted and the demand is growing rapidly in china, which imported a total of $2.6 billion of the meat last year. >> the return of u.s. beef to china is an example of how cooperation between our two countries can yield real results. i want to reiterate o commitment as a u.s. repre

we could not have wished for anything better than a hung parliament.ing for? first, they should be asking to stop the witchhunt against the british army. just across the street, what do people think dup should prioritise? the national health for the hospital is one of the most important ones. schools and welfare. i am pleased they are going into government with them. a functioning executive in government for northern ireland. money is great but it does not answer all the questions. the dup is a party with religious roots, and that continues to influence its social policy. it opposes extending gay marriage and abortion rights to northern ireland, but issues like these are unlikely to feature in talks with the conservatives. i think the dup's demands will be overwhelmingly financial. they have a road map they set out in 2015 when they thought they would be in this position. there is very little in that about social policy. those financial demands are likely to include more money for infrastructure investment. the party will not support further austerity