visiting somewhere for the first time, it can be stressful, but this technology should alert venues in advance of what i need during my trip. today i'm visiting the first bank of englands app, and i've set up a profile and booked an appointment. now i'm going to see if their location beacons, known as a geofence, will alert the bank that i'm about to arrive. good morning, lucy. morning, lovely to meet you. hello, hi. i really do like this app, and it suitable for all disabilities, but the tech is so new that there still are a few teething problems with. up next is the big spender app, and it has nothing to do with banks. i'm wanting to spend 0lga's today, so i'm going on the big spender app, which will me show me hopefully where green patches are so she can go for a busy. and side note — the sped—up voice you can hear is not part of the app, it's a screen reader that helps me use my phone. 109 metres away. we'll get going. i usually have someone helping me to take 0lga to the park, so this app could give me so much more independence. so confusing. when i've done it before, it sort of works, but this time, it's still telling me that i'm 109 metres away. 3 hours, 20 min

visiting somewhere for the first time, it can be stressful, but this technology should alert venues in advance of what i need during my trip. today i'm visiting the first bank of englandm going to see if their location beacons, known as a geofence, will alert the bank that i'm about to arrive. good morning, lucy. morning, lovely to meet you. hello, hi. i really do like this app, and it suitable for all disabilities, but the tech is so new that there still are a few teething problems with. up next is the big spender app, and it has nothing to do with banks. i'm wanting to spend olga's today, so i'm going on the big spender app, which will me show me hopefully where green patches are so she can go for a busy. and side note — the sped—up voice you can hear is not part of the app, it's a screen reader that helps me use my phone. 109 metres away. we'll get going. i usually have someone helping me to take olga to the park, so this app could give me so much more independence. so confusing. when i've done it before, it sort of works, but this time, it's still telling me that i'm 109 metres away. 3 hours, 20 minutes? have i done something wrong? no, it's still telling me... so

visiting somewhere for the first time, it can be stressful, but this technology should alert venues in advance of what i need during my trip. today i‘m visiting the first bank of englandce, will alert the bank that i‘m about to arrive. good morning, lucy. morning, lovely to meet you. hello, hi. i really do like this app, and it suitable for all disabilities, but the tech is so new that there still are a few teething problems with. up next is the big spender app, and it has nothing to do with banks. i‘m wanting to spend olga‘s today, so i‘m going on the big spender app, which will me show me hopefully where green patches are so she can go for a busy. and side note — the sped—up voice you can hear is not part of the app, it‘s a screen reader that helps me use my phone. 109 metres away. we‘ll get going. i usually have someone helping me to take olga to the park, so this app could give me so much more independence. so confusing. when i‘ve done it before, it sort of works, but this time, it‘s still telling me that i‘m 109 metres away. 3 hours, 20 minutes? have i done something wrong? no, it‘s still telling me... so it‘s telling me the grass is 109 metres away? yeah. i can

visiting some of the first time it can be stressful but this technology should alert venues in advance of what i need for my trip. —— drawing. today i'm visiting the first bank of englandintment. i now been to their location beacons will alert the bank that i'm about to arrive. good morning, vietnam 0. it's a slight turn here. the email i received told me what time you would be coming on what your immediate needs were suet explained to me that you would have a vision impairment and a guide dog. i really do like this app and it suitable for all disabilities but the tech is so new that there still are a few teething problems with. next, is the big spender app and it has nothing to do with banks. i'm going to go on a macro app for today. it will me hopefully where green patches are. it isa hopefully where green patches are. it is a screen reader that helps me use my phone. 109 metres away. we will get going. usually have someone helping me to take older to the park so this app could give me so more independence. so confusing. when i done it before, it sort of works but this time, it's still telling me that i'm 109 metres away. three hours 20 minutes? have i done something

visiting somewhere for the first time, it can be stressful, but this technology should alert venues in advance of what i need during my trip. today i'm visiting the first bank of englandties, but the tech is so new that there still are a few teething problems with. up next is the big spender app, and it has nothing to do with banks. i'm wanting to spend olga's today, so i'm going on the big spender app, which will me show me hopefully where green patches are so she can go for a busy. and side note — the sped—up voice you can hear is not part of the app, it's a screen reader that helps me use my phone. 109 metres away. we'll get going. i usually have someone helping me to take olga to the park, so this app could give me so much more independence. so confusing. when i've done it before, it sort of works, but this time, it's still telling me that i'm109 metres away. 3 hours, 20 minutes? have i done something wrong? no, it's still telling me... so it's telling me the grass is 109 metres away? yeah. i can feel it. ooh. ..ok, this isn't the app, but it's olga. unfortunately, the app also can't tell the difference between a public space and someone's front garden. bit of a f

. >> central banks of japan and england stand tight on policy. people --oderate sinks and its firsting.

bank is expected to leave rates and raised -- unchanged. joining us now is the director of the institute of government and miles is still with us. first of all, what can the bank of englandy do? it seems that now it is in the political hands of parliament in the government. so.the outlook is contingent on the brexit outcome . the best thing to do is do as little as possible for now and wait to see what the brexit outcome is. they can monitor the data coming in, but that is not a good guide to what the economy will look like in 2019 if we have a hard brexit or revocation of article 50. i think that if i best strategy is to outline the key risks and be patient and ready. as brian was talking about, have contingency plans in place. francine: what does it mean for the them of possibilities at this moment? are the three options or six? deal,bably three, no theresa may's deal, which was a looking so good when she first put it together. of thisssible to all talk about no deal and preparations for no deal from the u.k. and eu will actually build up and the support for that. options,re are other which mps are going to try to get on the tape let some point. those range from a seco

banks of japan and england stand pat on policy. concessions pass muster with europe. peoplehe more moderate have won this battle. its firsting. china celebrates 40 years of reform

banks of japan and england stand pat on policy. italy's budget concessions pass muster with europe. >> as the more moderate people have won this battle. >> softbank's i.p.o. sinks in its firstna celebrates 40 years of reform with a message of resistance.

chancellor, a governor of the bank of england, all believing it would be a catastrophe and a majority of mps in the house of commons with that view. it could well happen, like the firstians who say in july 1914, not a single leader of any country contemplated or wanted a war and it happened. but that would be the context, against the political consensus, that we just fall out, in which case the backstop will go so there is no arrangement in place of any sort. i think the dup is a crucial part, partners to the conservative party. a bit like a backstop in ireland, are the dup being used? how committed really would everyone be to the dup's concerns if they weren't dependent on them for votes? if you are in a situation where there is a general election, that might change things slightly, but i think they have huge leveraged at the moment. and in terms of this yearfor the government, george osborne spoke this weekend, he said theresa may was a dead woman walking last year after that rather disastrous general election campaign, his argument is that the mistakes she made at the start was to embrace the 17 million who voted to leave and effectively say to the 16 million who

dharshini david about the latest warnings from the bank of england, and we'll be talking to damian grammaticas about events at the european court ofjustice. but firsteditor laura kuenssberg. defeat after defeat for the prime minister today, a big day of setbacks. huge and you have to go back to the 19705 for its equivalent. even though theresa may has had so much turmoil and so many travails in the last 18 months, she's only actually been beaten in this way twice before. so a huge day, this hat—trick of humiliation for the prime minister, all of it happening before she had to get to herfeet happening before she had to get to her feet to even begin making happening before she had to get to herfeet to even begin making her ca5e. herfeet to even begin making her case. if you are going to focus on one of them, would it be that motion brought forward by dominic grieve, the former attorney general? brought forward by dominic grieve, the former attorney general7m certainly would and to remind people clearly what that was about, e55entially, mp5 today voted to give them5elve5 e55entially, mp5 today voted to give themselves more power if and when themselves

bat history, if you look back at what the fed, they are the first ones that started the quantitative easing and then bank of japan, bank of englandbody followed suit, they are trying to catch up to us, global growth concerns that are affecting the stock market, is it? >> well, no, actually, again, i don't look at it the same way, cheryl, i see that there's issues but the issues are not because of the money. i mean, you cannot continue to try to feed a drug habit with cheap money. you have to let the free markets take place and that's what the fed is trying to avoid. to let markets trade freely, it's called common sense, markets will find their own levels and economies are growing, if things look good, if the stock market holds off a little bit, we are only up 300% from the bottom. it's not like a major ordeal if we had 15 or 10 or 25% selloff. cheryl: this might be one of the most critical meetings especially from jay powell and we will see what they have to say, david, todd, thank you so much. >> thanks for having us. lauren: legal experts say federal judge's ruling that obamacare is unconstitutional won't affect americans healt

for the first time in seven years raised rates. the bank of englandhtened about what could happen with brexit. back to you. >> thank you, rick santelli. as we head to break, we will give you a look at this morning's top performers. there are still some on the s&p 500. >> the gold. > nt,e ve>>upex wha stop trading with jim as you look at the current performance of the broader averages "squawk on the street" will be right back i don't know what's going on. i've done all sorts of research, read earnings reports, looked at chart patterns. i've even built my own historic trading model. and you're still not sure if you want to make the trade? exactly. sounds like a case of analysis paralysis. is there a cure? td ameritrade's trade desk. they can help gut check your strategies and answer all your toughest questions. sounds perfect. see, your stress level was here and i got you down to here, i've done my job. call for a strategy gut check with td ameritrade. ♪ >>> time for the last stop trading of the year because you're leaving then i'm leaving. >> i have al

banks of japan and england stand pat on policy. italy's budget concessions pass muster with europe. >> as the more moderate people have won this battle. >> softbank's i.p.o. sinks in its firstg. china celebrates 40 years of reform with a message of re

. >> central banks of japan and england stand tight on policy. people --oderate sinks and its first day of trading. china celebrating 40 years of reform with a message of resistance. >> very few mentions of the private sector or the market forces that have come into play in the last four decades in china. >> as global markets stumbled towards 2019 duncan miller shares exclusive insight into what is ahead. >> if you look at indicators i have historically used in business they are not quite red but they are amber and they are sending off warning signs. >> that is straight ahead on bloomberg best. ♪ >> hello and welcome. i am taylor riggs and this is bloomberg best your weekly review of the most important business news analysis and interviews from bloomberg television around the world. let's start with a day by day look at the top headlines. on monday u.k. prime minister theresa may resumed her quest to bring it brexit deal over the finish line despite continued opposition from parliament. statement, the prime minister. facteresa may has pushed on the idea of holding a second exit refe

bank of england. economists expect no change to rates. marks the firstersary of financial institutions across the eu spending billions preparing. what impact has the landmark regulation had? what can we expect? joining us now from paris is the chair of the european securities and markets authority. great to have you with me. good morning to you. good to see you in paris. we are almost a year on for the start of mifid ii. are you satisfied with the way the implementation has gone this year? >> good morning. very good to be on the show. indicated, it was a big start for mifid ii. overall it has been a good start. some of the impacts will only appear later. impacts ineady seen research and execution. we have seen changes in our intervention powers. in other areas, it will take more time to see what will be happening. nejra: yes. some have criticized the data that itg and said actually hasn't been that satisfactory. have you found it effective? the data reporting requirements that have been put on institutions. has that been useful for you? data is needed. t

bank of england's new £50 note. mary seacole, a nurse from the crimean war, is among the suggested candidates, as well as wartime secret agent noor inayat khan, the firstator sent into nazi—occupied france. time for a spoiler alert. if you don't want to know who won strictly — leave the room now as we're about to reveal who lifted the coveted glitterball trophy. documentary presenter stacey dooley and her professional partner kevin clifton were crowned the winners of the sixteenth series. she beat finalists ashley roberts, faye tozer and joe sugg, winning the public vote, despite being placed bottom of the judge's leaderboard. it's just it'sjust approaching it's just approaching ten past six. the number of children with special educational needs across england is growing, with so—called sen pupils now making up 15% of all students. so, with that in mind, will the announcement today of a further £350 million pounds of government funding to support those with more complex needs go far enough? — we're joined now by primary school head teacherjim nicholson, who is also a representative for the national association of head teachers. your school is a mainstr

published for the first time a surprise jump for retail sales last month, driven mainly by black friday promotions and shoppers buying household goods. now the business news. the bank of englanda no—deal brexit, and growth is forecast to be 0.2%. signs of growth? retail sales bounce back in november — as black friday promotions keep the uk tills ringing. but britain has twice as many shops as it needs, according to the man officially tasked by the goverment to come up with a plan to revive the nation's high streets. retail sales jumped more than expected in november, helped by black friday promotions and stronger growth in sales of household goods. things like fridges and washing machines and so on. official figures showed sales rose 1.4% from october, despite economists‘ forecasts of about a 0.3% gain. sports direct boss mike ashley said november was "unbelievably bad", while superdry and online retailer asos have also warned of "dismal" trading. we asked maureen hinton, research director at global data if they were wrong. were they wrong? they cannot be wrong because those are the ones doing the trading. we are getting this message from different types of retailers. if you

banks of japan and england stand pat on policy. concessions pass muster with europe. peoplehe more moderate have won this battle. its firstay of trading. china celebrates 40 years of reform with a message of resistance. very few mentions of the private sector. as global markets struggled, what'sve insights as to ahead. >> if you look at the indicators i have historically used in my not quite red're yet but they are definitely setting off warning signs. onall straight ahead "bloomberg best." hello and welcome. i'm taylor richard grasso. west," youromberg world ofview of the business. let's start with a day-to-day look at the top headlines. monday, u.k. prime minister theresa may resumed her quest to a brexit deal over the finish line despite opposition parliament. >> statement! minister! >> theresa may has pushed back the idea of holding a second brexit referendum after e.u. leaders failed to provide leeway more attractive to leaders in the u.k. clearly she'll push back against deal butthat's not her you would expect her cabinet to be on the same page. have detractors in her midst? wouldn't that be a revelation, the splits

banks of japan and england stand pat on policy. italy's budget concessions pass muster with europe. >> as the more moderate people have won this battle. >> softbank's i.p.o. sinks in its first day of trading. china celebrates 40 years of reform with a message of resistance. >> very few mentions of the private sector. or the market forces that have come into play the last four decades in china. >> as global markets struggled, exclusive insights as to what's ahead by stan drucker miller. >> if you look at the indicators i have historically used in my business, they're not quite red yet but they are definitely amber, setting off warning signs. >> it is all straight ahead on "bloomberg best." taylor: hello and welcome. i'm taylor riggs. this is "bloomberg best," your weekly review of the world of business. let's start with a day-to-day look at the top headlines. on monday, u.k. prime minister theresa may resumed her quest to bring a brexit deal over the finish line despite opposition from parliament. >> statement! the prime minister! matt: theresa may has pushed back at the idea of holding a second brexit referendum after e.u. leaders failed to provide leeway to make her deal m

first time. a surprise jump for retail sales last month driven mainly by black friday sales and shoppers buying household goods. here's your business headlines on afternoon live. bank of englandringing. and britain has twice as many shops as it needs, says the man officially tasked by the government to come up with a plan to revive the nation's high streets. sorry to leave you hanging there but we arejust sorry to leave you hanging there but we are just hearing via our defence correspondentjonathan we are just hearing via our defence correspondent jonathan beale that the army has been called in to deal with a drone situation in gatwick. of course, we've seen tens of thousands of people hoping to fly into or out of gatwick airport affected by these drones which appear to have been deliberately flown over the airfield at gatwick, britain's second busiest airport. the problem started several hours to go with the most recent sighting of a drone around lunchtime today. gatwick saying that they are very sorry to inconvenience so many people at a time of the year when so many people are trying to get away on holiday, but therefore most priorities of course security but now we hear t

first bit, that tells you an awful lot. the more the market is disclosing, you can fit upstream and downstream because it got the information. matt: that was bank of england carney speaking to bloomberg's francine lacqua. don't forget, bloomberg terminal users can and iraq with the charts that they see here on bloomberg television. just type gtv on your terminal. you can browse the recent charts we brought up, catch up on key analysis, and save the charge for future reference -- charts for future reference. this is bloomberg. ♪ >> it's unlikely powell would get fired. that would be unprecedented. nothing is off the table with trump. but it would be unprecedented. it would have severely negative implications because one would always question the independence of the fed. >> starting when the democrats take over the house, we have a glimpse of what that relationship will be like. they didn't want to look at him in the eye in the oval office. so, it's going to get uglier from now on. >> that leads us into uncharted territory. i would think on a fundamental basis, markets are looking at good value. on a political risk basis, don't know yet. >> we've got r

bank of england will do. maybe just sitting and waiting and see. we do think this will be resolved. there's now catalyst for getting market now. lisa: my firstnee jerk reaction, this is a gift to her. over.n say, it's you -- i don't have the whipping blade anymore. wonder, i was talking with pimco's cio, he said this pointng in at to bank bonds, to the credit of u.k. banks. do you agree with that? can see why that makes sense. if you're banking on a resolution. there will be a resolution at some point. i can see you trying to make the inue play there and getting at this current juncture. for us, there's plenty of markets.y across markets in the political spotlight will see that stroll exacerbated.xes david: whenever we have a geopolitical issue, we see it foreign exchange. we'll put up a chart now that theares the euro with pound. it suggest that the pound gotten hit hard. the euro hasn't so much which euro has morethe to fall. is the euro more vulnerable here because people tend to really go after the pound but they don't think about what it might mean euro.e >> this comes back to the issue of monetary policy. if you think about the message