around 2,000 management jobs are being cut at royal mail.order to save £130 million in staffing costs next year. the company has reported a 31 percent fall in annual profits and says it will also reduce capital spending by £300 million across the group during the next two years. earlier we heard from our correspondent sean farrington who explained a little more about the cuts. not surprisingly, royal mail are saying this morning that the impact of covid—19 has meant they are having to cut costs quicker than they previously thought. they say this morning that 2000 jobs will be going, that consultation will start today. half of senior leaders will be included in that, so that is 2000 managementjobs. we are not talking about the postal workers that many of us will see day to day in our lives. the chief executive of royal mail is saying this morning that the business as a whole has not adapted as quickly as it should have done in the uk in recent years anyway, falling letter volumes and increasing parcel problems has been a problem for royal mai

royal mail says frontline postal staff are unlikely to be affected.have been strained in recent weeks, after israel announced plans to annex parts of the occupied west bank. the decision led to both sides stopping co—operation on many security and civil matters, including medical travel permits. and the palestinians say that is now putting the lives of hundreds of people at risk, as yolande knell reports. crying. myra's in constant pain. cancer has blinded her in one eye and the tumour is spreading. she needs an israeli permit to leave gaza for specialist surgery abroad. but the palestinian office that should help her is no longer working. "she is my daughter, not a dog, she is a child," her mother, mariam, says. "where are the children's rights? the human rights?" last year, it was crowded when we visited this cancer centre at a palestinian hospital in eastjerusalem. today, each empty seat represents someone who could not get here. palestinian leaders have stopped cooperating with israel because of its plans to annex land they want for the future sta

royal mail has announced it is to cut around 2,000 managementjobs. sean has more details. half of senior leaders will be included in that, so that's 2000 managementjobs, will be included in that, so that's 2000 management jobs, so will be included in that, so that's 2000 managementjobs, so we are not talking about the postal workers that many of us would see day to day in our lives. the chief executive of royal mail says this morning that the business as a whole has not adapted as quickly as it should have donein adapted as quickly as it should have done in the uk over recent years anyway, falling letter volumes and increasing parcel problems have been a problem for royal mail and that has been exacerbated by coronavirus, so even has been exacerbated by coronavirus, so even if letters and parcels and they are going to start a consultation on that today. it's the latest in a long line of businesses, almost every week, we are talking about a new big company announcing majorjob cuts from british airways, gbp, rolls—royce, jr, it is getting into the hundreds of thousands when y

management restructuring will impact 2000 roles, with job cuts coming at royal mail. we should keep focusing on the big picture. the markets seem to be coming to ceo. grips with a second wave, or continuations of the first wave in the united states. equity markets substantially in the red. the australian market down more than 2%. asian markets down 0.9%. let's talk about the virus. california, florida posting the largest jumps in case counts ever. to of these headlines add up grim realities, and questions how the state deal with this. we had seen the dollar post some gains. the gains in the dollar this morning not substantial, up around 0.1%. forgrade from the imf global growth, and the possibility of renewed trade tensions between the u.s. and europe. u.s. equity futures retreat on worries of a surge in multiple u.s. states. the appetite for risky assets. the potential for trade tensions resurface between the european union and the united states. let's talk about where we are on these markets. kristine aquino, leads the mliv team in europe. do you sense the longer th

there are only two other bands that have appeared on royal mail stamps. i'm guessing the beatles. for everybody, the hairdressers. 0h! will be talking to a hairdresser later about what might change. magazines out, refreshments out, perhaps you will only be able to have a wet cut, not a dry cut, and chatting will perhaps be kept to and chatting will perhaps be kept to a minimum? no, where are you going on your holidays? nowhere, obviously. where are you going? nowhere. get on with it. well, if you like it hot, sunny and humid, that is what is coming our way. look at this lovely weather watchers picture taken in new wind, but it isn't like this everywhere. temperatures rising more widely, but it is also going to turn much more humid, and that is notjust by turn much more humid, and that is not just by day but by night. turn much more humid, and that is notjust by day but by night. so for the next few nights it will be uncomfortable for sleeping. it is happening today as we are dragging up happening today as we are dragging up this continental air across our shores, but look at the y

royal touch of visiting brandon's palace and its park near. well head over to the us to the city of san antonio. texas. and we'll show you the e-mail sent to us from the indian city of tire and that. most visitors head straight to the water and i recommend you take some time to stroll through live and now. you can even spend the night at this beautiful 19th century castle. then it's on to the dock this is when the departure spot for the region's typical boats for more than 150 years of course taking a ride is at the very top of my list but 1st a pit stop at what's called the pickle mile it's to go to destination for the ship live on its most famous product. you couldn't get in most of us we have some officials still pickles mustard garlic close radish most of honey mustard or chili to. each that has its own secret pickle recipe these gherkins are sold all around the world. next i think the classics my favorite. is the soil here in the chalet but it is more than rich in nutrients ideal conditions for growing cucumbers. now i'm hopping on the next post. 1st and foremost these boats are tourist attractions but they were once the only