i'm joined now by adam marshall, director—general of the british chambers of commerce. fternoon to you. we are waiting for the news from downing street, but we have had quite a lot of the detail already. nonessential businesses will be forced to close again in england for probably up to again in england for probably up to a month. what is your reaction? well, there is no getting around the fa ct well, there is no getting around the fact that these new restrictions will be a devastating blow for a lot of businesses clear across england andindeed of businesses clear across england and indeed across the rest of the uk. companies have done everything in their power over the last few months to adapt and to work safely and of course to now hear that many of those businesses, whether in retail, travel, hospitality, and of course in the supply chains that keep all of those businesses going, to hear that they may have to close orface a huge hit to hear that they may have to close or face a huge hit to to hear that they may have to close orface a huge hit to demand is extraordinar

breck's it or of a possible no deal breaks that at the end of the year is so right the british chamber of commerce was not very impressed with the government's handling of the situation and said it was posturing of the government that they should stop with the deadlines and that they should really urgently pursue a trade deal now the government on the other hand says that business really urgently should prepare for the possibility of a no deal breaks and what exactly are businesses supposed to do. well the government is launching a huge complain this week time is running out explaining the new customs rules to british business and what they need to prepare for now this is only part of the deal this would be if a trade deal was in place because of course there will be significant changes even with that at the end of the year the u.k. is leaving the single market and the customs union now on top with a no deal breck's they would have to prepare for tariffs and quotas they would have to prepare for disruptions possible disruptions at the border some of some businesses would have to stockpile what the

of brecht's it or of a possible no deal bricks that at the end of the year so right the british chamber of commerce was not very impressed with the government's handling of the situation and said it was posturing of the government that they should stop with the deadlines and that they should really urgently pursue a trade deal now the government on the other hand says that business really urgently should prepare for the possibility of a no deal breaks and what exactly are businesses supposed to do. well the government is launching a huge complain this week time is running out explaining the new customs rules to british business and what they need to prepare for now this is only part of the deal this would be if a trade deal was in place because of course there will be significant changes even with that at the end of the year the u.k. is leaving the single market and the customs union now on top with the no deal breaks they would have to prepare for tariffs and quotas they would have to prepare for disruptions possible disruptions at the border some of some businesses would have to stockpile what th

near capacity so it really is crunch time in terms of the public health situation but the british chambers of commerce have also chipped in saying that for any regions going into lockdown the financial support does have to be commensurate or they're warning of an economic catastrophe really not mincing their words meanwhile wales the devolved government they're reportedly looking at imposing their own national lockdown for a period of 17 days along the lines of what the scientific advisors to of u.k. government have been saying a short sharp shock but that is much tougher it is. limited though so there's the debate do you go for an open ended kind of localized restriction or a nationalized short sharp what they're calling a circuit breaker to try to drive down transmission ok nadine barber their brain is the latest from london thank you. demonstrations over inequality in chile have descended in savory loans with looters setting the lights to churches in the capital santiago the protesters were marking the years since their movement began initially over the rising costs of transports but which widens i

slower improvements in manufacturing in the third quarter according to a survey by the british chamber of commerceella the and cable during and catering -- hospitality and catering companies were hit the hardest. the u.s. house has passed the democrats' $2.2 trillion stimulus bill. no republicans supported the package, and the white house has failed to reach a compromise. nancy pelosi says the vote does not slam the door on his cousins with treasury secretary steven mnuchin. wildfires in california continue to blaze. nearlyss fire has burned 57,000 acres, and destroyed more than 240 homes. further north, four people have been killed in the zogg fire, which set fire to more than 55,000 acres. global news 24 hours a day, on air and at bloomberg quicktake, powered by more than 2700 journalists and analysts in more this is countries, bloomberg. francine? francine: thank you so much, laura wright. there is a clear risk off food. i don't know what the market is pricing in, but there are so many questions that we need to find out and so little answers because three hours ago we found out the president an

workplaces will be shut by those open ended restrictions that's the key thing there the british chambers of commerce a warning that there must be the right for. in actual support there will be a catastrophic economic impact but we're hearing that in fact in many cities in in england including manchester the weekly rate rates of transmission are actually falling now but in the hospital's intensive care unit so almost fall in some parts of that so a greater manchester area so there's the the big di lemma it's all to do with how to protect public health services as the country goes into the winter period and it seemed this picture is sort of the same situation in other countries in europe now experiencing what's being described as a 2nd wave. absolutely you are referencing poland which is making a football stadium ready to take up the you know the demands of the expected rise in covered cases take the pressure off the health system there will in belgium now the 2nd highest death toll in the world per population from covered 19 there they've already shut bars and restaurants for a month they're now impo

the british chambers of commerce said businesses cannot be subjected to a roller—coaster of stop—stalot of people are saying, what is the exit strategy? businesses hate uncertainty. they don't know whether there will be new rules next week, next month, and they don't know how long these extra curbs will last. thank you very much. much more coming up in the next hour. let's see if the weather will cheer us up. today brought brain in —— rain in eastern parts of the uk. we will see more dry weatherfor eastern parts of the uk. we will see more dry weather for the rest of the week, but it is going to stay on the chilly site. we will see outbreaks of rain tonight across the east of england. a bit chilly for south—west scotla nd england. a bit chilly for south—west scotland and parts of northern england. we kids me showers towards the west. they were pushed southwards through wales and the southwards through wales and the south of england tomorrow. outbreaks of rain continue to affect parts of england and wales through the afternoon. drying up and brightening up afternoon. drying up and bri

that's according to a survey by the british chambers of commerce.ggests the government may have to step up aid to prevent collapse over the winter. today is the last jobs report before the election, and it is projected to show a show down -- slowdown in markets gains. that's down from nearly $1.4 million in august. it suggests the winner will inherit a shaky economic rebound. global news, 24 hours a day on air and on quicktake by bloomberg, powered by more than 2,700 journalists and analysts in more than 120 countries. vivianathis is bloomberg. anna: laura wright in london. let's get back to the markets and the reaction to president donald trump's positive coronavirus test. joining us now is investment manager, head of global macro strategy. as you look at the initial follow-up from markets here, the initial reaction very risk off, as you might anticipate. are you looking further ahead? what is the time horizon you deal with this information over? are you looking just up to november or beyond? >> we try to look further out anyway, but in this contex