brexit means brexit.that again? brexit means brexit. and in case you hadn't heard. brexit means brexit. but despite what sound like meaningless platitudes, the big decisions on the european union have been obvious since june. there is clearly no mandate for a deal that involves accepting the free movement of people as it has worked hitherto. unlimited eu immigration won't stay, nor the power of european judges. ourjudges, sitting not in luxembourg, but in courts across the land. without them in charge, it means we'll be out of the single market. people talk in terms as if somehow we are leaving the eu but we still want to kind of keep bits of membership of the eu. we're leaving, we are coming out. and she's even dressed up to make plain how doing business outside europe will be more and more important. and a thumbs up for brexit from the man who in 91 hours will be the most powerful in the world. promises of a quick trade deal given to one of the biggest brexit backers. former minister, sometimes reporter

brexit means brexit. brexit means brexit. brexit means brexit. brexit brexit means brexit.it more information about whether brexit does indeed mean brexit. and find out exactly what that famous phrase means. a blueprint for brexit or a plan with no policies? we will get some detail. we are leaving the single market, but there is an awful lot theresa may ain't going to tell us. plus george michael's childhood friend tells this programme he believes a cocktail of drugs and anti—depressants were responsible for the singer's death on christmas day. hard drugs had been back in his life, it was not heroin.

brexit timetable, sir?ernment will be relieved that the court ruled that there is no legal requirement for it to consult the devolved nations, scotland, wales and northern ireland. so the focus now switches to parliament. mps and peers will not try to block the brexit process, but they could delay it. opposition parties are already setting out the changes they will try to make to the coming legislation, changes which could affect the government's whole approach to the negotiations over britain's departure from the eu. we are very clear. we will hold them to account to protect jobs. are very clear. we will hold them to account to protectjobs. we will hold them to account to make sure british industry does have market access, and we will not allow ourselves to become some kind of offshore tax haven. that is not what people voted for. unless the government concedes a new deal for the british people so that the british people have a say over the final arrangements between the uk and the eu, i will vote against

brexit.o the observer, we have two stories, but we start with, well we are carrying on with " b rex it" well we are carrying on with "brexit" but there is a poll on the conservatives "brexit" steel, voters backing the tories to deliver the best "brexit" backing the tories to deliver the best " brexit" by backing the tories to deliver the best "brexit" by 3—1. backing the tories to deliver the best "brexit" by 3-1. 3/1 against labour, things are not that impressive, 30% of people said they most trusted the conservatives to deliver a successful brexit compared withjust13% deliver a successful brexit compared withjust 13% for deliver a successful brexit compared with just 13% for labour. i'm surprised it is not higher about the fa ct surprised it is not higher about the fact that they thought the tories would do a betterjob because all the polls, no matter what you ask them, if you ask them who is more competent, theresa may always comes out top. jeremy corbyn is not doing well in polls, anyway.

after all, brexit means brexit, so does that actually matter?y have got one important for where they can influence events. the moment we trigger brexit, then we are moving out of the eu, there is i'io are moving out of the eu, there is no going back. when you think about it, all the other votes that come up, not really of any importance whatsoever. they get a final vote on whether to accept the deal that will either be hard brexit or hard as nails brexit, it will be up them. the little devils are in the details. judges make history in brexit blow to ministers. this is their take on it, because now, mps, including some conservatives, could decide that we don‘t want to leave the customs union, we should be in the customs union, we should be in the single market. we have agreed to split up with europe but the divorce details have yet to be fleshed out. what the times was in on is the conservative mps causing trouble for the prime minister as we go forward. during the debate in the commons today, david davis, there were seven conservative mps who su

that would keep theresa may's brexit plans intact and what many perceive to be a hard brexit plan delivered just last week. guys? >> nancy, thank you very much for that we'll come back out to you once we have that decision. >>> let's preview what we're about to hear from the supreme court with david owens from jeffries and anthony willich. david, let's kick things off with you. i argued with louisa before, i said this is not that important even if we get a ruling for the government, brexit will still go ahead. >> i said it's important because it means the opposition party might be more involved. >> it's nuances. i'll wait to hear from the lawyer in that. i think he's probably got more value than i have. basically brexit will still happen but it's the mechanics of how that occurs and how much parliament will get after the two-year divorce proceedings. as far as we're concerned this is just about the divorce, not new trading arrangements. we need traditional arrangements in play. this kicks the whole thing off. the assumption is they'll push a bill through, whatever happens, article 50 will b

now back to brexit.udden shock of the referendum, instors and policy makers found themselves in uncharted territory. here is a look back at some of the market action and ensuing reaction from the second half of the year. jonathan: june 27, 1985, that is how long you have to go back to find sterling trading of these kind of levels, a fresh 31-year low on the cable rate at 129.80. >> formal u.k. property ones frozen and investors seek to dump real estate holdings in the wake of the brexit vote. three have suspended trading in at least 5.7 billion pounds. >> the level of panic is clearly spreading. you have more than half of the real estate fund in the u.k.by value frozen in the space of four days. it is incredible. >> how much will commercial property assets drop? can it touch the 2007, 2008 level? >> i don't think so. we are in a very different environment. >> britain's prime minister is pulling up to 10 downing street, her future home. she is 59 years old, she is this country's second woman to be in the

but leading brexit campaigners are delighted he's gone.ablishment that, frankly, haven't accepted the referendum result and are hoping that, frankly, it will never happen. i'm sorry to say, but the foreign office is stuffed full of these people, from top to bottom. for decades, they've been taking britain in completely the wrong direction, and i hope sir ivan‘s departure is followed by many, many more. while downing street is determined to betray a positive brexit message should, those who know sir ivan and brussels well says his warnings of the difficulties ahead with dismissed because it didn't fit the narrative and they fear it will be difficult to find a replacement who knows and about how europe works and is acceptable to ministers in london. and whoever takes over as the uk representative to the eu will play a critical role. it's important we have someone in the job as sir ivan was doing and no doubt his successof ivan was doing and no doubt his successor will do as well who will report back to the british government and through the

forms of brexit amongst the brexiteers.an't please all of them. so it's going to be very difficult. because in the uk, europe is such an emotive issue, mps are feeling neurotic and highly charged, a lot of the brexit mps fear this dream they've had will be somehow stolen from them during 2017 or beyond. and equally, there are remainers who are so convinced this is heading towards a cliff edge, they wonder why she won't stop it. and somehow she's got to deal with this, and it will be very difficult. and in france, how about francois fillon becoming president of the republic? it's a guess. probably, yes. but the important thing here is not francois fillon, but that marine le pen is not going to become president. this is a prediction and a hope. or perhaps a hope first and a prediction, because we know we can't make predictions any more! and it's also, i think, the end of the french left, a bit like what happens in the uk. i predict, whoever it is, the french left candidate will clock less than 10% on the first round. i think

of course that was just the brexit vote and not the brexit.oking forward, looking ahead to march of next year, which is when we are expected to see article 50 triggered. >> there are protests at the u.k. supreme court as judges here for a new law to be passed before britain officially exits the european union. in january.expected of the chances of the supreme court overturning what we heard from the high court? >> i think the chances are slim that the supreme court will overturn the high court ruling. ♪ ♪ francine: a new report says world leaders, criminals, and celebrities used shell companies to hide their wealth. according to a group of investigative journalists, at least $2 billion in transactions involved people and companies linked to vladimir putin. they say their information comes from files from a law firm in panama. [speaking simultaneously] >> what this is about is 11.5 million from the fourth largest offshore law firm. >> i never read anything related to mr. putin directly. mr. putin was never involved. sorry to say. >> in english.

brexit means brexit. what‘s that again? brexit means brexit. and in case you hadn‘t heard.en clear since june. there is clearly no mandate for a deal that involves accepting the free movement of people as it has worked hitherto. unlimited eu migration will not stay, nor the power of european judges. judges sitting not in luxembourg but in courts across the land. without them in charge, it means we will be out of the single market. people talk as if somehow we are leaving the eu but we still want to keep bits of membership of the eu. we are leaving, we're coming out. and she‘s even dressed up to make plain how doing business outside of europe will be more and more important. with an enthusiastic offer now from stateside of doing a deal at speed. it is very good news that the united states of america wants to do a good free trade deal with us and wants to do it very fast. and it‘s great to hear that from president—elect donald trump. spreading good cheerfor brexit backers ahead of the prime minister‘s speech tomorrow. we are going to have the european court ofjustice no longe

her message was the same — brexit means brexit. but we still don't really know... what it means!al challenges. in this still divided nation. j our political editor laura kuenssberg is at westminster. more clarity on the goals, but surely all of these are still just aspirations until the talks take place? yes, we didn't get chapter and verse on what our new immigration system will look like outside the eu. theresa may said she still had an open mind over how we deal with customs and trade over the borders. so there is a lot still to be decided and argued over over a process that will take years, not months. but the bold, brush strokes we re months. but the bold, brush strokes were there, explicitly for the first time. and it is a reminder to those who see theresa may as being caution and mistake that for being meek. but the real rub is whether or not she is being hopelessly optimistic. is this all a delusion, or is she being clear ahead of a complicated dip low mattedic dance —— diplomatic dance. but that will be a process of negotiation with 27 other countries. we are outnumbered

jim, brixham haven —— brexit haven. start with the metro. jim, brixham haven -- brexit haven.lip hammond has done an interview with german publication setting out a potential bargaining chip for britain and he is saying if you do not give us access to the single market, we might cut our taxes and undermine your economy, basically give us a nice skill or we will not play nice. talk of the other side saying the tories would do they vote to their tax dodging friends. it is something labour will be able to seize on and say not a lot of people will find this attractive. turning britain into a tax haven, a bit like singapore. philip hammond does not actually say he once this to become actually say he once this to become a tax haven. he says something like, we might have to consider our options. and look at a different economic model. this is hammond showing his steely side. let's go to the financial times, focusing on the prime minister's speech on tuesday. she is set to unveil brexit blueprint. we will be pulling apart her every word. hopefully she will say finally after all this t

brexit means brexit, and we are going to make a success of it.ister explained a bit more about what that meant, for example, the great repeal bill. pay attention, now. we will convert the body of existing eu law into british law. when the great repeal bill is given royal assent, parliament will be free, subject to international agreements and treaties with other countries, and the eu, on matters such as trade. to amend, repealand improve any law it chooses. she also said she would trigger the negotiation process with other leaders, the so—called article 50, by the end of march. but the investor gina miller had other ideas, she won a case at the high court that only parliament could start it. the government challenged that ruling at the supreme court, big stakes constitutionally, perry mason it was not. you have a set of files called the ca. the electronic bundle. 0n the electronic bundle it's 1697. bundle three, tab five, i think that is the... the judges will give their verdict in a few weeks' time. meanwhile, brexit secretary david davis had to

forms of brexit amongst the brexiteers.on she can't please all of them. so it's going to be very difficult. because in the uk, europe is such an emotive issue, mps are feeling neurotic and highly charged, a lot of the brexit mps fear this dream they've had will be somehow stolen from them during 2017 or beyond. and equally, there are remainers who are so convinced this is heading towards a cliff edge, they wonder why she won't stop it. and somehow she's got to deal with this, and it will be very difficult. and in france, how about francois fillon becoming president of the republic? it's a guess. probably, yes. but the important thing here is not francois fillon, but that marine le pen is not going to become president. this is a prediction and a hope. or perhaps a hope first and a prediction, because we know we can't make predictions any more! and it's also, i think, the end of the french left, a bit like what happens in the uk. i predict, whoever it is, the french left candidate will clock less than 10% on the first round.

continuing with brexit, i'm afraid, it is an interesting story. a trade catastrophe. this comes from a canadian gentlemen. you mentioned earlier that this man is a canadian and he often says what he thinks. generally speaking canadians are polite. however this chap, what has he been saying? he was part the negotiation team to deal between canada and the eu which took nearly a decade to negotiate. he suggests that there is a danger of a catastrophic brexit because of the government ignoring the concerns of trade experts. we had one man saying we have had too much of experts... the thing is, however, the observer ta kes a the thing is, however, the observer takes a stand because of its stand on brexit. conversely if you look at the sunday express you have the newly appointed potentially newly appointed us ambassador to the eu, there seems to be incredibly excited at the prospect of brexit. what that means as both sides are looking for people to bolster their views. the point of this canadian man is that it is the length of time that it ta kes. it is

it might be the question of brexit. it might be the question of brexit. the 1972 act and the question of the 1972 act and the question of the 1972 act and the question of brexit. i think there is a problematic tendency in the majorityjudgment to a problematic tendency in the majority judgment to be a problematic tendency in the majorityjudgment to be unduly sceptical of the prerogative and to allow a challenge from the statute that isn't really made out in the terms of the statute. this may give rise to more litigation and once it is framed with a majorityjudgment toa is framed with a majorityjudgment to a long—standing principle, i think they have made a mistake. we have asked you this before but a lot of people watching will think, i voted in a referendum and i still don't understand why it had to come to 11 supreme court justices don't understand why it had to come to 11 supreme courtjustices making their decision. straightforwardly because the legislation set up and they didn't say what would happen in they didn't say what would happen in the event of

brexit is notjust about the eu.with immigration, multiculturalism, social issues, i suppose. you get groups of people with different outlooks on life. when you want a labour opposition to have a clear take on the people on the top, vested interests, to talk about tax justice, investment, cuts. does it make you worried that the coalition that is the labour party is past its sell—by date because the two groups do not agree with each other on the big issues of the day? it does need to adapt. all over europe social democracy is in crisis. it does not matter if the leaders of these parties on the left or right. in germany, the labour sister party, their leader supports third way style policy. he would probably be envious of labour's terrible polling in this country. there are few countries where it is doing well. you get across europe be centre—left and a rising radical left who argue with each other but that is often displace durie from both wings that their lack of a clear route and vision to power and a clear strategy

about brexit.ymbiotic relationship. crash thate flash backed off of it. may system -- spoke about sterling and expectations. what is sterling telling us about exit question mark -- brexit? anna: there is a difference between a hard brexit that has a hard -- long transition. the difference between that and just crashing out. david: it has been a very long way. you could go further. i want to keep chasing it, that is what we do. eventually we get it wrong. this is where we -- what we said. if something dramatic happens it could go lower. 110 and we have the euro-dollar. a prettylready aggressive forecast. i am happy to be slightly contrary in on the euro sterling theyou saw i am going with consensus. it is not just about the consensus and what we believe. sterling needs to adjust. how quickly it adjusts, that is up to the politicians. call or thene can lower bound for where we might head on a hard brexit. what is the timing of that, is that the triggering of article 50, we get a bit more information,

it now seems that brexit, when theresa may says brexit means brexit, it means hard brexit or clea n brexitr clean brexit, whichever phrase you like. well, let's wait until we hear her speech. but i would like to see the prime minister fight for jobs and business. and that means to me that we should make an effort to stay in the single market, which is 40% of our trade and also supplies millions ofjobs in the country. to put that at risk without attempting to save it is something i wouldn't expect to see from a prime minister standing upfor expect to see from a prime minister standing up for the interests of all people in the united kingdom. maria caulfield, how do you see it? people in the united kingdom. maria caulfield, how do you see mm people in the united kingdom. maria caulfield, how do you see it? it is a great opportunity for this country to start trading with the rest of the world. currently, our membership of the eu prevents us doing free trade deals with, 12 countries and places like the us. if we stay in the customs union, we will still be hampered by that. sol the customs unio

brexit, what some would describe as a hard brexit, as in we are fully out as it were, and she doesn't have any similar deal to that of other countries, it would have a big reaction in terms of the pound? certainly it's not fully priced in what a hard brexit is and we're going to get a new reality of that ha rd going to get a new reality of that hard brexit today, but if she's going to announce we will leave the eu, leave the single market, leave the customs union, is there going to bea the customs union, is there going to be a void? in one speech she surely can't say what will fill that and that will give investors another reason to worry, we may see further downside for the pound but the ftse, which has done well since the vote, could worry on the back of that as well. including those running businesses, big exporters, those trading with europe all the time, 50% of exports go to europe, does this give them time to prepare whether they think it's a good or bad idea to get ready for the possibility of us being completely out? it depends if they have a transition deal, that is what they

brexit means brexit. what is that? brexit means brexit. what is that? brexit means brexit.xit means brexit. i'd ignore the platitudes, the big decisions have been clear since june. decisions have been clear since june. -- but ignore. there is no mandate for a deal that involves accepting the free movement of people as it is hitherto. unlimited eu immigration won't stay, nor the power of european judges. judges, sitting not in luxembourg, but in courts across the land. without them in charge it means we will be out of the single market. it will talk -- people talk in terms as if we are leaving the eu and we want to keep parts of membership. we are leaving. we are coming out. she has even dressed up to make plain how doing business outside europe will be more and more important. with an enthusiastic offer now from stateside of doing a deal at speed. it is very good news the united states of america wants to do a good free—trade deal with us and wants to do it very fast and it is great to hear that from the president—elect donald trump. spreading good cheer for brexit backers.

what's the plan for brexit? borisjohnson and david davies, over the most important speech and she has made since becoming prime minister. she didn't give a detailed plan for brexit but she set out a direction of travel. not partial membership of the european union, associate membership, or anything that leaves us half in, half out. i want to be clear, what i proposing cannot mean a membership of single market. inside the european single market there are no trade barriers, no tariffs between member states but they have to abide by common rules, including the free movement of people as well as goods, making it difficult to limit immigration. the prime minister said she wanted a free—trade deal with the eu, but control of uk borders is politically important. the message to the public before and during the referendum campaign was clear, brexit must mean control of the number of people who come to britain from europe. she said britain would have to come out of some aspects of the eu customs union, or possibly leave e

let's get back to brexit as theresa may lays out her vision for brexit.eports it could be a hard brexit, sending sterling lower. at one point, it had been below 120 but the government is preparing to help investors should there continue to be negative market reaction. why are investors so jittery? we have been talking hard breakfast -- hard brexit. new.rdly anything guest: no, indeed and we have had some clues from theresa may talking about curbing immigration and freedom of movement not being something she was willing to accept going forward. habit ofay has a opens a handful when she her mouth. i think people were hoping for some kind of compromise, some kind of deal. in october, her speech caused a all of ation because sudden it was certain >> it was going to happen. there has been a tendency to slightly underestimate the fact it's a matter of when, not if. mark: and the treasury wants to soften the blow? done a pretty has good job of ensuring investors by talking about a transition and is pushing this idea that even though we may leave the single marke

a new break on brexit. supreme court rules theresa may can't brexit alone. the ruling means the government must get parliament approval before starting britain's exit from the european union. we will bring you analysis from the u.k.. and coming up, a challenger for german chancellor angela merkel. social democrats confirming that martin scholz is set to be their candidate for chancellor. the old-fashioned feel-good movie la la land leads nominations for the oscars. you can't leave so fast as the ruling today from the u.k. supreme court on prime minister theresa may toss brexit plans. the supreme court says the government must get parliament approval before beginning brexit proceedings to take the country out of the eu. this will put additional strain on an already tight schedule. may wants to trigger brexit by the end of march. parliament is expected to give approval but pro-eu lawmakers may win some concessions first. >> it was a landmark ruling in uncharted territory. the 11 justices siding against the government which, in its haste to break with the eu, h

so another long day on the road to brexit.roving the exit talks, comes out on thursday, but this is just the beginning. the real political slog towards an eu deal has yet to begin. john pienaar, bbc news, westminster. president trump has signed more executive orders today, including one to relaunch controversial oil pipeline projects in the united states. one of the projects had been blocked by president obama on environmental grounds. but mr trump said he was in favour because they would create manyjobs, including in america's steel industry. our north america editor jon sopel has more details. i am, to a large extent, an environmentalist, i believe in it. but it's out of control. the key word there seems to be "but", as another day brings another set of executive actions that aren't exactly music to the ears of the green lobby. from now on, we're going to start making pipeline in the united states. we build it in the united states. we build the pipelines. we want to build the pipe. we're going to put a lot of workers, a lot

brexit means brexit.decisions have been clear since june. decisions have been clear since june. there is no mandate for a deal that involves accepting the free movement of people as it has hitherto worked. unlimited eu migration will not stay and neither will the power of european judges. judges sitting not in luxembourg but in courts across the line. without them and charge it means we will be out of the single market. people talk as if somehow we are leaving the eu but still want to keep parts of membership. we are leaving. and she even dressed up to make plain how doing business outside of europe will be more and more important. with an enthusiastic offer now from state of doing a deal at speed. with an enthusiastic offer now from state of doing a deal at speedm is good news that the united states wa nts to is good news that the united states wants to do a good free trade deal with us and wants to do it very fast. great to hear that from president—elect donald trump. spreading good cheerfor brexit back

brexit means brexit.t again? brexit means brexit. and in case you hadn't heard. brexit means brexit. but despite what sounds like meaningless platitudes, the big decisions on the european union have been obvious since june. there is clearly no mandate for a deal that involves accepting the free movement of people as it has worked hitherto. unlimited eu immigration won't stay, nor the power of european judges. 0urjudges, sitting not in luxembourg, but in courts across the land. without them in charge, it means we'll be out of the single market. people talk in terms as if somehow we are leaving the eu but we still want to kind of keep bits of membership of the eu. we are leaving, we are coming out. and she's even dressed up to make plain how doing business outside europe will be more and more important. and a thumbs up for brexit from the man who in 91 hours will be the most powerful in the world. promises of a quick trade deal given to one of the biggest brexit backers. former minister, sometimes reporter

davis, borisjohnson the three brexiteers, david davis, boris johnson and liam the three brexiteers, davidohnson and liam fox having an important role. perhaps after the supreme court ruling, so we will see what happens. what is going to be in this speech? it says here that it is a vision for the future. what is that? what is brexit? we know that vision. onto the metro. national health scandal. bosses making millions are not treating patients. a remarkable headline. according to the metro, at least £57 million has been spent on schemes so that co nsulta nts been spent on schemes so that consultants are referring patients away from their family doctors, so the money isn't being spent on treating patients. i guess the money is being spent on more bureaucracy, and this is quite fascinating. where is this money coming from? a lot of people watching will be concerned. people being on waiting lists not being able to get their operations in time, when you are seeing this amount of money going elsewhere. in time, when you are seeing this amount of money going elsewherem is quite weird. if patients

essentially, her message was the same — brexit means brexit.t of political challenges, in this still divided nation. jeremy cook, bbc news, nottingham. finally, if you like sushi, you‘re going to love this. we‘re going to take you now to the world‘s biggest fish market, the legendary tsukiji fish centre injapan. it supplies tokyo‘s finest sushi restaurants as well as the general public, but it‘s being closed down and being moved to a bigger, more modern site, and, as rupert wingfield—hayes reports, many people are not too happy about it. it‘s 5.00am in the morning inside the world‘s biggest fish market and the tuna auctions are under way. likely this is the first auction of 2017 and the prices are likely to be high. this is going to be the last new year auction held in tsukiji perhaps ever because this market supposed to close and over here, if you come over here, you can see, you can see through here, these are the really big ones. these are the fish that are 200—250 kilos. these are the ones that might reach record prices. the current record

you have had the slogan, brexit means brexit and today we saw some of the substance. may voted to remain in the european union but she consulted leading leave campaigners. what's the plan for brexit? boris johnson and david davies, over the most important speech and she has made since becoming prime minister. she didn't give a detailed plan for brexit but she set out a direction of travel. not partial membership of the european union, associate membership, or anything that leaves us membership, or anything that leaves us half in, half out. i want to be clear, what i proposing cannot mean a membership of single market. inside the european single market there are no trade barriers, no ta riffs there are no trade barriers, no tariffs between member states but they have to abide by common rules, including the free movement of people as well as goods, making it difficult to limit immigration. the prime minister said she wanted a free—trade deal with the eu, but control of uk borders is politically important. the message to the public before and during the referendum campai

for brexit.saying he was in charge of they're saying he was in charge of the negotiation from a diplomatic that david cameron put in place before the referendum. which many brexiteers believe achieved absolutely nothing and only helped their case. they say here was someone their case. they say here was someone who is too gloomy, too pessimistic, two in favour of the european project and simply wasn't the right man for the job. that is the right man for the job. that is the argument on both sides. the suggestion is that number ten wasn't happy with the assessment from mr rogers, and as a result they were moving further apart. does that explain number ten's reticence in not saying anything about this huge resignation today? you might remember about a month ago or so, that advice was leaked, that sir ivan had given to ministers sometime actually last year, in which he had reported that other eu member states we re reported that other eu member states were thinking, as you heard in the package, could

david davis, the brexit secretary. labour's chief spokesman on brexit is sir keir starmer. starmer. he said there is now the opportunity for proper parliamentary scrutiny of the government's brexit plans. mr speaker, if the prime ministerfails in her endeavour, the cost will be borne by families, working people and communities throughout the uk, the stakes are high and the role of this house in holding the prime minister and the government to account throughout the process is crucial. labour accepts and respects the referendum result and will not frustrate the process. but we will be seeking to lay amendments to ensure proper scrutiny and accountability throughout the process. that starts, mr speaker, with a white paper or plan, a speech is not a white paper or plan and we need something to hold the government to account throughout the process. we can't have a speech as the only basis for accountability for two years or more. that's the first step. there needs to be a reporting—back procedure and a meaningful vote at the end of the exercise. the government should welcome su

what do you think about his position on brexit?he probably can't comment on it even if he was concerned. the reality is that it's very contentious. we are in the early stages of the negotiation, and i wouldn't be surprisedcontentious. if we have quite a few days like this, when we have big moves and sterling. at the moment the market is moving toward a hard exit and therefore sterling is going down. but i think we are going to have many months of this, it will be volatile for a long time. guy: i want to talk about the --. tax take, its ability to then roll that into what happened with the gilt market. there's a lot of discussion surrounding how the u.k. can use weapon.o use it as a if you think about this as a war of attrition, how willy gilt sayingreact to the u.k. we are taking corporation tax at 10% -- i don't know. give us an idea of how that would be priced in. >> i'm not sure that the tax take from the corporations are that high. as they tax it is quite the relevant, it has a very immediate impact and they cash flow is real,

now, more brexit to come. manus: can't get enough. hard brexit, hard times?hat is possibly what's ahead in theresa may's speech on britain's future relationship with the eu. in got boss.k this is bloomberg. ♪ anna: welcome back to bloomberg daybreak: europe, coming to you from the city of london, and from davos. , 8:19s beautiful davos there. 7:19 if you are in london. let's get the bluebird business flash with juliette saly. has raised the cash portion of its rate for full control of reynolds american. it is offering to pay about $49.4 billion in a deal that would create the world's largest the public retreated tobacco company, as unifier brands like lucky strike in camel. it is a leader in the growing u.s. market for e-cigarettes. general motors plans to announce today that it will invest $1 billion in u.s. plants over several years, according to a person familiar with the matter. they see the investment, which is being accelerated amid pressure from the president-elect, is related to building products that were in the works and approved before trump won th

she has put her head on a block with this brexit deal. she has ratcheted up this brexit deal.r future relationship with the eu. she should bea relationship with the eu. she should be a woman under pressure. and you have to say that today she was oozing confidence. have a listen to the exchange between her and jeremy corbyn. can i urge her to stop her threat of a bargain basement brexit, a low pay tax haven on the shores of europe? it will not necessarily damage the eu, but it will certainly damage the eu, but it will certainly damage this country, businesses, jobs and public services. she demeans herself and her office and out demeans herself and her office and our country's standing by making these kind of threats. what i said yesterday was a plan for a global britain, bringing prosperity to this country and jobs to people and spreading economic growth across the country. but actually yesterday we also learned a little more of the right honourable gentleman's thinking on this. what he said was the following, "she has said leave the following, "she has said leave the single ma

it# theresa may's long—awaited speech on brexit.ge of its own laws and in control of immigration. she also confirmed that the final deal would be put to hello. this is bbc news. the headlines. the prime minister has made her first major speech outlining her strategy for leaving the eu, and announced that she wants britain to leave the single market after brexit. not partial membership, associate membership, or anything that leads

to stop brexit happening.itical editor laura kuennsberg has our first report. a hot ticket — to see judges ruled, is it the prime minister of parliament that is in charge? theresa may wanted to avoid asking mps for permission to start leaving the eu. but businesswoman gina millerfought the eu. but businesswoman gina miller fought and fought and fought again. arguing that the government simply does not have the power to do it alone. there is no precedent, so can our departure start, so—called article 50, without parliament saying yes? today, by a majority of 8-3, the saying yes? today, by a majority of 8—3, the supreme court rules that the government cannot trigger article 50 without an act of parliament authorising it to do so. the referendum is of great political significance, but the act of parliament which established it did not say what should happen as a result. so any change in the law to give effect to the referendum must be made in the new age permitted, by the uk constitution, namely by an act of parl

and a remainer about parliament and brexit laws.there's no decision yet on whether to move everyone out of the palace of westminster which needs essential repairs. the chairman of the treasury committee tells us why he's decided to investigate the idea. the big question is whether we need to spend 5.5 to £4 billion and pretty quickly. but first, there'd been mutterings in the commons on tuesday after theresa may decided to make her big brexit speech not in the chamber but to an outside audience. so prime minister's questions was the first chance for mps to grille her directly on her 12—point plan. in her speech, theresa may made clear that the uk would not stay in the single market, that mps and peers would get a vote on the final exit deal and insisted no deal was better than a bad dealfor britain. the labour leaderjeremy corbyn began with a swipe at the prime minister for not setting out her plans in parliament. restoring parliamentary democracy whilst sidelining parliament. not so... mr speaker, it's not so much the iron lady as

a hard brexit, as you suggest, and it isn't clear what sort of brexit check that we will have on a couplein due course. people out of london, always a possibility! always a possibility. don't give me a hard time for not coming to your studio! it is very cold and very early and very unfair! i wouldn't dream of it! i appreciate you getting out of bed so early from your beautiful hotel in davos. go back there and get a hot chocolate. see you soon. that was sir martin sorrell, the boss of wpp. we will be back in a moment to have a look at the papers. the supreme court is ruling today on whether disabled travellers are legally entitled to priority use of wheelchair spaces on buses. the case was triggered when wheelchair user doug paulley attempted to board a bus in west yorkshire. he was left at the stop because a woman with a sleeping baby in a pushchair refused to move out of the designated area when asked by the bus driver. what began as one man trying to catch a bus has turned into a nearly five—year legal battle. in a bid to clarify a grey area when it comes to wheelchair spaces on buses.

since brexit, since the brexit vote from dyson to jcb to apple, facebook, we've had a whole string oft into the uk. we had weet—bix only this week, i am a big fan of weet—bix. .. weet—bix only this week, i am a big fan of weet—bix... it is a really interesting company. they say their prices have come up because of the post— brexit economic situation and the consumer will have to pay and thatis the consumer will have to pay and that is something you are going to have to explain. i will be accountable to my voters in the normal way. huge opportunities as mervyn king said to export more for britain. you are right to say there will be inflationary pressure and we need to look at that and the bank of england has the tools to keep it under control. let's be realistic. inflation is 1.6%. it is well below the bank of england target rate. i don't think it gives you objective brownies for the pessimism you are expressing. we have to end it there, but dominic saab, thank you very much for coming on hardtalk. hello. in a week when our weather's turning wetter and windier, let's celebrate a bit of

a hard brexit.o make or break. it,ay be stretched out of but i do not think the trend toward the 1.10 on sterling will change. 101, do i assume that the long-term devaluation -- in this case sterling, or even a short three-year devaluation of sterling -- leads to a wealth reduction for the nation, or can supposedly exports make up for that? i do not buy it. kevin: people are going to have fewer goods to absorb. that is often a phrase you will hear he and trade theory. how much is available for the population to consume? if britain go down is going to move closer to a trade surplus. there has to be less consumption within that there has to be less for consumption within britain. -- there has to be less for consumption with britain. is talking krawcheck about her wall street. worldwide, this is bloomberg. ♪ francine: this is bloomberg surveillance. i am francine lacqua in london. tom keene is in new york. here is taylor riggs. more timehoo! needs to meet closing conditions while recovering from the di

mps hope theresa may will provide some answers on a speech on brexit to be given scene.with a new ambassador at her shoulder, who is playing catch—up just weeks after negotiations begin. james landale, bbc news. a 38—year—old man from oldham has appeared in court, charged with causing the deaths of two young cousins. helina kotlarova, who was twelve, and eleven—year—old zaneta krokova, were hit by a car on new year's eve. three other men are charged with perverting the course ofjustice. all four were remanded in custody. the retail chain next has warned of a difficult year ahead after reporting disappointing figures for christmas. in the three month run up to the festive season, sales slumped by 3.5%. share prices fell by 12% in response. next is usually seen as an indicator of how things are going on the high street. dozens of people have attended a vigil tonight in memory of yasser yaqub — the man shot dead by a police marksman as he drove off the m62 slip road in huddersfield on new years day. speaking at the roadside where his son died, mr yacub‘s father told the bbc

brexit.uch to the delight of the daily express, britannia rising to defend the united kingdom. we will get a clea n b rea k the united kingdom. we will get a clean break from the the united kingdom. we will get a clean breakfrom the eu the united kingdom. we will get a clean break from the eu according to the daily express. mae reveals a vision for a global britain. this is how long—awaited speech. vision for a global britain. this is how long-awaited speech. that is right, according to the daily express their will be this clean break and britain will reject any watered—down departure deal. it will not be half in half out, a bit like you cannot be half pregnant. it will be completely out of the european union. apparently the prime minister will confirm her top objective, britain's future outside the eu. many of the papers mostly agree britain will be a free trading nation, global, outward looking. funny, i thought the uk was pretty outward looking not just funny, i thought the uk was pretty o

it is about loyalty a nd of the brexit question.ey brexiteers and that is a red rag to the pool for the civil service they say they do not take sides, they make orders work. as if this negotiation was not difficult enough, there are underlying tensions between senior officials and senior ministers as well as a continuing resentment between those who want to remain and brexiteers. on the original resignation, no official reaction yet from downing street, what kind of arguments to think have been going on? well for theresa may it is not about an ideological conviction about brexit but making the plan worked. but there is no clear plan yet. we are promised a significant speech from the prime minister in the coming weeks to address some of the coming weeks to address some of the details of brexit and itjust may clear up some of the pressure on tourism made to give more detail and provide clarity. but given she wants to keep her cards close and options open, i would to keep her cards close and options open, iwould not to keep her cards c

this by-election will be very indicative of the voting post brexit.d be richmond in reverse. in 2015 ukip were second in the constituency and there is speculation that poll not will stand in the seat. i think it was one the highest brexit boats in the referendum. this is ukip central. it is northern and brexit. it is working class. i'm from there, actually. it is where they had been taking boats of labours of them i think they have a good chance there, but this would people tonight...m has been a labour seat since it has been created, since the 19505. by thinjeremy corbyn doe5 face a challenge from ukip, particularly up a little stands. if that happens it will be indicative of ukip putting everything into it. one problem for ukip is that nigel farage is still there. he was one of the first to comment today and he is the quotes that the media carry. you do not see paul nuttall is often, although he has a big figure. this would be a good platform for him. just a word onjustin good platform for him. just a word on justin hunt, good platform for him. just

do you still feel excited about brexit? absolutely. atrocious. you know, and i understand that they do need to go somewhere, and i agree with that, but when's it going to stop? d'you know what i mean, are we going to be in tents next? so you voted leave? i voted leave because i went with the flow. and if there was another referendum tomorrow, hypothetically? and i knew more about it... possibly, i could change my mind. definitely. hands up to that one. so that is more important to you, even if it comes at the cost of the economy — controlling the borders is the most important thing? that's the most important for me, yeah. do you think parliament should have a vote on brexit? yes, without a doubt, they should do. i think they should get back in, put all their heads together, arguing and listen to each other, and obviously, they might get somewhere. 0ur brexit boards are clear: 5a people went for this — complete conviction, like they had six months ago, to control our borders. 2a people went for single—market access. we‘re not pollsters

must hold a starting countdown to brexit.e country plus supreme court. this is significant but we could have a situation where it is even more heartbreaking that it could be. >> parliament could be saddled with this. parliament will only vote to some exam. -- extent. it adds some uncertainties to the mix. >> having people on their feet. -- big headline number is the downgraded expectation for growth next year. this did not feel like the stimulatory budget that many predicted that the u.k. would be a. >> we are not talking about an economy in the session. the strength of the u.k. economy is much better than many economist have predicted. -- we arethat was still looking ahead to march of next year when we are expecting to see everything triggered. >> with protests of the u.k. court, they are testing to pass a new law before officially starting the british exit from the european union. as theyt to avoid that try to stop the process by march. a ruling is expected in january. chances of the supreme court overturning what we heard