so if it is a function of brexit, once brexit has happened, everyone can get back to doing what theyit will take years to implement. we are already talking about not just the to implement. we are already talking about notjust the next 15 months of negotiations to get to what has been called the interim period, but then an interim period of at least two yea rs, however an interim period of at least two years, however many years it will ta ke to years, however many years it will take to replace the trade treaties that britain currently has with 102 countries courtesy of the european union. each of those could take six or seven yea rs union. each of those could take six or seven years to renegotiate. but the ministers know that it is massive. it is obvious, everyone keeps saying that. but it is in the interest of those other countries to have a trade deal with us. it is not just to britain's benefit. but that does not mean it can be accomplished overnight. these treaties are thousands of pages long and it will be very difficult to get terms as good as those we have at the moment when th

in the end, it was brexit.yougov today. they've been asking if the uk was right or wrong to leave the union. there's a lot to die just here but if we look at this, this is interesting. people who said it was the right decision to leave, 42%. people who said it was wrong, 44%. that shift but not much. this is one of the recurring themes of your work which is the regret that some people predicted brexiteers would experience just hasn't materialised. what we've been measuring is that there has been little change in the overall level. the country remains divided down the middle on whether it is right or wrong to leave the eu but inevitably it is more complicated. small numbers of people are changing their minds but in both directions. more importantly, around about seven out of ten people believe it's right brexit should go ahead either because they supported it in the first place or because they believe the results of the referendum should be respected and democracy should have its day. the fa ct democracy should

brexit means brexit, but what does brexit mean? -- as a dog's brea kfast. what does brexit mean? dog's breakfast. 0h, what does brexit mean? -- as a dog's breakfast. oh, what did you think of the jingle? it is magnificent, darling. laughter i didn't edit it. what do you think of the brexitcastjingle? yeah, a good summary of where we are so yeah, a good summary of where we are so far? and who said brexit is a dog's breakfast? was it yanis varoufakis? that was a niche question, wasn't it? lets focus on the big picture, where are we on the seemingly never—ending brexit process ? seemingly never—ending brexit process? it is the christmas party at downing street, and for journalist and officials this evening, and their christmas party because, after all the nxt of the la st because, after all the nxt of the last few months, after the frustrations, their difficulties, all of the wrangles at a cost for theresa may, last week at the end of the week she got her piece of paper, she was able to come home and say yes, phase one is over. now, does that solve the contradictions we have discuss

it doesn't stop brexit in any way.ly was intended to try to make sure brexit takes place in an orderly manner, which is what i regard as absolutely key. there was a last—minute concession, were you surprised it came last so many? yes iwas, we surprised it came last so many? yes i was, we had surprised it came last so many? yes iwas, we had been waiting surprised it came last so many? yes i was, we had been waiting the whole afternoon for a concession. we had been suggested at one stage, the government might give up on clause night at the moment, which was a sensible thing to do, i would have accepted that. then they could have brought something else back at report stage. this is committee stage of the bill. but to find yourself at the last minute, landed with a concession with what the government should have done all along, which was to table their own amendmenta along, which was to table their own amendment a committee stage. they we re amendment a committee stage. they were told constantly it was needed, and in my vi

brexit means brexit, but what does brexit mean?estion whether hand brexit means brexit, but what does brexit mean? oh, what did you think of the jingle? it is magnificent, darling. lets focus on the big picture, where are we on the seemingly never—ending brexit process? big picture — it is chrismas party season at downing street and as we're recoding it is the christmas party at downing street, and forjournalists and officials this evening, and their christmas party because, after all the angst of the last few months, after the frustrations, their difficulties, all of the wrangles at a cost for theresa may, last week at the end of the week she got her piece of paper, she was able to come home and say yes, phase one is over. now, does that solve the contradictions we have discussed on the programme? does it mean the problems have gone away? does it mean anything other than for number ten thank goodness they got to this stage? not really. but that in and of itself given the divisions in the tory party, the divisions in the types of a

jessica, this final vote on brexit. jessica, this isa final vote on brexit. jessica, this is a humiliation, isn't it? andjust think at the end of last week edward like theresa may was in a really strong position on moving the brexit talks on to the next stage, so we can talks on to the next stage, so we ca n start talks on to the next stage, so we can start to talk about trade. and suddenly she was going into the summit on the back of a really humiliating defeat in parliament, and the european leaders might start saying to each other, is she really going to have the backing to deliver a deal, even if we agree it? the whole point about brexit, steve, some would argue, is that parliament would get primacy, it would be the final arbiter of laws in this country. and surely the rebels at the tory party would argue this, and labour and the lib dems and the snp would say, this is what brexit is all about. there is that line, you wa nt all about. there is that line, you want to take back control, this is it. it is driving them mad. this is got to come back to the com

brexit, bitcoin, .rg. ♪ ♪ vonnie: it is time for the global battle of the tracks where we look at some of the most telling chart of the day and what they may mean for investors. accept these on the bloomberg a running the function on the bottom of your screen. a cross channel battle and starting is abigail doolittle. >> one of the biggest stories is bitcoin, up 56% this year. up more than 1500% this year, what is next? i am hearing about it and it reminds me of two of the other bubbles more recently, the housing bubble in 2007-2008 and the tech bubble in 2000. let's put bitcoin in perspective. over the last three years, this is bitcoin over the last few months, a truly parabolic uptrend. i have never seen anything like this relative to the nasdaq in 1999 and 2000, gaining 100% in six months but the peak parabolic move up in bitcoin mushrooming, much bigger than in tech. maybe the gains will not last. see my chart on the bloomberg. vonnie: great stuff. mark you are up. mark: brexit versus bitcoin. i thou

— from the brexit vote.h the irish premier raising the prospect of brexit divorce talks stretching into the new year if there is no agreement next week. some think that means that the irish premier is threatening to use his veto next week if he is not happy with the plan for the border. the phrase regulatory alignment has been on everybody‘s lips and many people have been getting out the thesaurus to see what it means but it seems they had to persuade the dup that regulatory alignment is not the same as being in the single market and the customs union. whether they can do that or not is unclear. the dup usually comes to the table but we'll sort of spin this out. they have a great deal of trouble here in that the longer you go on, it is significant because the longer we go in this phase, the shorter time we have to do the other elements, principally the trade deals also the longer time it takes to do other trade deals and move into that other arena, the less confidence there is about business and so forth and

brexiteers asking, what was the point of this?w them to restrict freedom of movement and sufficient latitude to create their own trade deals. if you look at the mandate for the second round negotiating of our trade deal, there is a clause in it on the level playing fields, and that‘s the first time ever that this is in a negotiating mandate. what it means is that they say, look, you can have the trading deal with europe provided that you are not dumping, that you live up to our competition rules, etc, etc. the level playing field for the first time has been defined. that will demonstrate to be a very hard one for great britain. the clock starts now on a phase two negotiation that will test both sides. it‘s clear now that the uk will align closely with the eu, and that could make it far harder for the brexiteer vision of a freewheeling trading superpower to be fulfilled. mark urban there. and to discuss this further now i‘m joined by dia chakravarty, the brexit editor for the daily telegraph. jonathan freedland of the guardian. lbc

a lot of is about brexit.for the future of the country. absolutely, during the election, many people were knowing that was an election about brexit, that was an election about brexit, that was an election about brexit, that was going to dominate the pardon. 80% of people who voted said they voted for party he would respect the will of the people leaving the european union. important things we get the best possible deal in the european union. my possible deal in the european union. my own constituency was closer than any others to voting leave. there are ones strongly remain, others that are strongly leave. mine was very close down the middle. we have to try and get the best deal for everyone. as a liberal democrat, you have a referendum amendment receiving saying you another referendum. we said we want a real referendum, but now the issues i know. we're starting a process that we believe is an incredibly difficult. we believe it is time people have a say on that deal. whether they voted for either side, there

brexit, brexit.ers brainwashed people and diverted them from their own worries in this country. so i don't know how things will develop. 0k, many people anticipated theresa may's fall, many people did not expect her to last. she was weak. she surprised everybody. the first phase of the negotiation actually went through and we are now coming to the difficult one, which is how the single market agreements could be finalised. it is extremely difficult. so i believe that britain needs a charismatic leader, a strong leader, to negotiate for the next phase because it will be crucial to reach a good deal. so, if not, i believe this country will suffer. you can see now... why britain is afraid from election? why can't we have election? there was election. britain needs stability for a few years to get brexit through and also other things through and theresa may is the best leader, by default maybe, to do a deal in europe like she did a deal in 2017 which is a good deal because you need a soft brexit, you can

perhaps some light but with a over brexit. perhaps some light but witha grain over brexit.with a grain of salt. you need to see a trend. the man from right move is quoted as saying the trend will bea is quoted as saying the trend will be a mixed bag. strange wording that shows that house prices have been on the same trajectory for a period of time, they forecast another year of slowing in the pace of price rises. a slowdown in the pace of them going up, so not exactly the breakthrough news people might think. let us move on to the front page of the times. ireland warns theresa may over brexit. this is after the story we have been running about david davis saying that the deal is not cast iron? this comes as is a prize to people in the eu that they have done the deal with and it is interesting that david davis thinks he runs his own brexit policy and i remember having collective cabinet responsibility when the government spoke with one voice and it now seems to be whoever happens to be in the studio. that has not gone down very well in ireland because one of the key issues i

some people say it is a soft brexit and theresa may has called it a non—brexit. there. if you ever want to meet someone who personifies the british establishment, you won't do better than an encounter with sir richard dearlove. he may have a low personal profile, but he had a long career in the intelligence services and was put in charge of mi6 for five years under tony blair. that makes him m if you like your bond movies, although actually they used the letter c for the boss in real life. parliamentary select in his time at mi6 in its famous building on the south bank of the thames he had to handle 9/11, the build—up to the war in iraq, and the controversy over the so—called dodgy dossier that exaggerated the certainty of the intelligence for iraq having wmd. he was actually criticised in the chilcott report for adding weight to a report that had not been properly evaluated. he went on to be on a master of a cambridge college, so in short he is the kind of man you might either see as a public servant who has helped keep the country secure, or as part of a deep s

the brexit that people were voting for broadly, which is as a brexiteer, is to have control of borderseliver on that. there is also the issue of the european court ofjustice being superior as it were to british law and i think we are going to claim sovereignty on that and the third item was obviously the money. it is clear to me on the money side, we are not going to continue paying a net contribution of 10 billion every single year until kingdom come to the eu, that is ending and that was the nature of... all three of those issues i think we will deliver on. it was not said in the campaign that there would be a degree of alignment, this problem seems to have come as a surprise to the brexit side of the argument. if you spoke to a brexiteer on the campaign, people were very keen that we had a free trade deal. there would be a free trade deal between the uk and eu. the nature of free trade deals, you are an economist, you understand, that there is some degree regulatory alignment in free trade. it is on that basis. when iain duncan smith says no deal, we could walk away, what do you thi

for us any type of brexit to be honest looks like a ha rd brexit to be honest looks like a hard brexit and uk, the common travel area between ireland and the uk, are as good as it gets so any change in those won't be as positive for us as you hope it will be in britain. so we have assurances now it will be trade friendly, negotiators and —— negotiations will proceed. let's go to tim allen now. do you share the general optimism which i presume similar caution as people keep saying, devil in the detail, and there's an awful lot of detail we don't have yet. absolutely. i completely agree with ian, i think this is a good confidence building, ostensibly a highly politicised period in the negotiations. whether we can come to an arrangement in the time frame remains to be seen. what about the attitude of the scottish government to all of this? of course they were very much pro—remainers and the mood music from scotland was this is happening and we have to get on with it. scotland as a nation voted to remain inside the european union and that reflected the political consensus across the whole

means brexit actually mean in practice? is this? a year and a half. the key thing is, the reason they haven't had this discussion is because there is no agreement, this is where the real divergences. as you were saying, boris wants that clean break have to like liam fox and michael gove, people like philip hammond and amber rudd what a much closer relationship with the eu. finding a compromise between those will be quite difficult. in the times story they've said this meeting is not going to be about shouting, trying to win arguments, it'll be about everybody laying out their positions and explaining where they come from. the key figure in this will be michael gove. doing the broadcast around speaking on behalf of the prime minister this morning. the man talking about taking back control, the democratic liberalisation of a concept he's the one saying it's great giving £35 billion to the eu, just what we wanted. which way he falls on this decision, do we remain close to europe or go far away? he'll be the deciding factor on

one of the interesting stories on the front page is an brexit. after that commons defeat, theresa may is now expected to back away from plans to write the brexit date into law to avoid a second defeat in the commons next week, which would clearly be very damaging for her government, to have another commons defeat. yet, but from somebody looking from the outside it looks like ms. i don't understand why, for instance, tory mps should be... we've heard about asking for them to be sacked. i think it's ridiculous. how do you sack an mp anyway, you said that earlier. i don't know, ijust think it's a terrible mess. she was saying today she's won 35 out of 36 brexit wrote in the commons. basically, she said to keep calm and carry on, essentially. and stressed the fact the majority of the votes have passed. that's not to say emblematic lee what happened yesterday was significant, though i think it's much more about the emblematic element of it than the actual detail, which was pretty arcane. i think this story in the times, in some ways, it is more signif

tonight, i9 tory mps worried about brexit are saying, ignore the brexiteers, saying, ignore the brexiteersto walk away with no deal at all. something will have to give, or next week's european summit will again decide not to start those talks on trade, and if that happens, we will seek brexiteers, brexit supporting sections of the media, calling on mrs may as never before to walk away. with all of the uncertainty that would inevitably bring, and the penitential for the dampening of markets and of sterling. we don't know, there could be more proposals being brought forward by mrs may in the next 2a hours. that is what the irish leader is saying tonight, that he expected that could be a breakthrough. and then you may see mrs may coming through with a clearer vision brexit and she has given so far, and the first real discussion in the cabinet. tonight, this latest chapter in the story of brexit looks like becoming a cliffhanger. john, once again, many thanks. a man has appeared in court, accused of plotting to kill the prime minister, in a bomb and knife attack on downing street. naa'imur zak

after brexit we will be ina after brexit?is heading for a situation very possibly where it will have increased trade barriers with up to 94 countries, how do you feel about that? i'm afraid i do not acce pt feel about that? i'm afraid i do not accept the premise of your question. the premise is based on has not been able to negotiate a trade deal with the european union and an expectation that there are bound to be increased trade barriers as a result of negotiations that we have. the premise of the question is based on the premise that there can be zero increase which is what we have at the moment or up to as many as 94, my original question how many countries between 0— 94 while the uk have increased trade barriers with? and as i made clear, once we have left the eu we will be looking to have trade deals in place, this is a question of what we can do during reimplementation period but the intent to have trade deals in place with countries around the world which in some places the eu might not currently have trade deals with

so, how clear is britain's future after brexit? to the brexit secretary today. david davis only handed over files on business and brexit reluctantly. mps accepted he had met the demands of the commons, but today he also told them no estimates of the cost to business had been done. it would be a game changer but guesswork was pointless. look at the chairman's face. so, there isn't one, for example, on the automotive sector? no. not that i am aware of. is there one on aerospace? not that i am aware of. no. on financial services? i think the answer will be no to all of them. no to all of them. right. and now a new cause for brexiteer tories to complain. the chancellor says britain will not shirk its divorce bill — deal or no deal. that's just not a credible scenario. it's not the kind of country we are. frankly, it would not make us a credible partner for future international agreements. but theresa may's team said there will be no deal, including cash, until brexit is agreed. tonight the goodwill is in short supply in the cabinet too

brexit changes everything, but how? businesses, institutions and policiesmakers have been looking at this ever since. rand's study we are going to talk about today looks at possible outcomes and what they mean for economic policy and our cooperation. i'm delighted to see many friends of the wilson center today, introducing an expert panel, the idea is we will hear from charlie, the result of the study, turn this over to michelle for some comment and fran and howard to weigh in. and vice president at rand. including postings in europe, and from 2007 to 2008. at the rand corporation, robin quinville is a distinguished fellow at the council and the senior advisor, and served as vice president for european union and special edition at the council. howard -- howard shatz is the director of rand, initiated research, and the party rand graduate school specialized in economics and national security. and so many varied studies i'm hard-pressed to find something he had. michelle egan is our non-rand expert, one of our own at the

brexit means brexit, but what does brexit mean? -- as a dog's brea kfast. what does brexit mean? -- as a dog's breakfast. oh, what did

and has everything stopped for brexit?cial mobility programme continues, despite resignations of the social mobility commission. while brexit is an important part of this government, we are absolutely committed to ensuring that we continue this process. but first, theresa may and the european commission president, jean—claude juncker, have held the european commission president, jean—claudejuncker, have held talks in brussels, but fail to reach a deal to allow the brexit negotiations to continue to trade issues. initially, it had appeared that a deal was imminent, when northern ireland was offered a close relationship with the single market and customs union. but the leader of the dup, arlene foster, said her party could not accept any proposal that would be to northern ireland being treated separately to the rest of the uk. in the commons, a labour mp reacted to the news of the failure to reach a deal. after incessa nt failure to reach a deal. after incessant briefing in the last two days that theresa may and the prime mi

effects of brexit.ee, hilary benn, asked the brexit secretary which sectors have been analysed. so there isn't one, for example, hold the automotive sector? not that lam aware hold the automotive sector? not that i am aware of. aerospace? no. no to all of them. doesn't it strike you as rather strange, given the experience around the committee you have, the government undertakes impact assessments and all sorts of things all the time. yet on the most fundamental change we face as a country, you have said the government has not taken —— undertaken any assessments at all. the first thing to say, mr chairman, is when these sectoral analyses were initiated they were done to understand the effect of various options. what the outcome would be. you don't need a formal impact assessments to understand that if there is a regulatory hurdle between our producers and the market that will have an impact, an effect. we will have an impact, an effect. we will at some stage do the best we can to quantify the effect of d

it has been a roller—coaster year in terms of the brexit negotiation, evenin terms of the brexit negotiation at the leaders go off into the night at the end of this last summit of the year, it has finish on a fairly positive note. just looking at donald tusk‘s tweet today, clearly they thought there had been enough progress on the first stage of the negotiation, but the congratulations for that given to the prime minister. they have helped her along, there has been some give and ta ke along, there has been some give and take on both sides, they have reset deadlines. i think what we take away from this summit is that the eu side really does want a deal with theresa may. they see her as their best chance for a smooth brexit. and also they think that with her they can enjoy that there aren't the same sort of hiccups that we might have seen over sort of hiccups that we might have seen over the sort of hiccups that we might have seen over the course sort of hiccups that we might have seen over the course of the last eight or nine months. we can speak to damian grammaticus, our europe corresponden

they are calling it the brexit election. this isa calling it the brexit election.d. beyond 100 days. hello, you're watching afternoon live. today at 3pm: eu leaders give the green light for the second phase of brexit talks to begin. we will be beginning the talks about our relationship. we'll be beginning those straight away. the last of the eu leaders has left the building in brussels. there have been a lot of press conferences and we will bring you all the reaction. ajudge calls for an inquiry, after a student is cleared of rape when police failed to disclose evidence casting doubt on the case. prince harry and meghan markle set the date for their wedding, they will marry on may 19th next year. coming up on afternoon live, all the sport. australia fighting back in the third ashes test. the captain, steve smith, has wrestled back the momentum in their favour. thanks. we'll be joining you for a full update just after half past. darren has all the weather. it is going to be a colder night than last night with widespread frost, but things will change over the weekend

there is a problem between the brexiteers and the remainers. the brexiteers and the remainers. europe that they would almost, you know, do anything just to be able to say, we have done it, we have done it, we are out of europe, regardless of the consequences. that comes back to the point that nigel made that it is difficult for the prime minister and the negotiating team and it is notjust david davis, it is an army of civil servants and lawyers and what have you. it is difficult for them to go there if it is not clear what we want. now we get to the next stage which is we ought to be honest because if we can lay on the table, at the moment, we're not saying anything. we are arguing that we must keep negotiating position close to a chest. now we are moving into trade talks and the question is why should we? let's say this is what we want, we? let's say this is what we want, we then negotiate to get there and see how far we go but at least if you utterly knew what we were going towards... we would speed up the negotiations but it would be the best way of helping both sides come t

that compromise will upset some brexiteers.ut the bill has been agreed. it will be paid in euros, but some of the detail, including the schedule for payments, still has to be negotiated. estimates of the total steel range depending on who you talk to, from about 40—45 billion euros. but this is only phase one. talks about the nature of a future relationship between the uk and the eu haven't yet started. the next priority will be to agree upon the terms of transition period after brexit that buys everyone a little more time. the eu insists that the transition itself should take place under all existing eu rules and regulations, including new laws passed in those two years — and that won't please everyone at western —— at westminster. joining me now from westminster is conservative peer baroness ros altmann. some people are saying this paves the way for a softer brexit perhaps - i think the way for a softer brexit perhaps — i think you at one stage threatened to resign from the conservative party if there were two ha rd conservat

years ofsed using brexit and now it is all about brexit. now we have a lot of tensions in europe.n a few months or years, you will have other countries , and thinking i am not comfortable with bureaucracy. vision, lessore bureaucracy. i think we have a good to get more for european development. , wescussed some days ago are ready to make any reform only in line with the primary law. as soon as we get amendments to the primary law, we can do more. to sticks we are bound to the given primary law, we have to make more dynamic , but pragmatic in a governmental way. he said, yes, of course. agree as soon as possible -- in common european law as soon as we get amendments. pragmatic to move in the direction to get more efficiency for europe, in this in to convince the people the european member states that europe matters. >> don't you have to move in the direction of shared that responsibility? european bonds seems to be the only way, if you really want a deeper closer europe? the governor of the bank of england has made things more difficult. been we cans always if we havearing to imple

we didn't make it brexit for no brexit. we make it, brexit happens.t there are a lot of ways it can happen and we thought it might be interesting to look at the possible economic consequences of each of those ways. in our study is a lipid novel in this field for, modeling in the us. and what the us states are. there is a frequent visitor to london this time and never times during the research phase of this and as i mentioned, we have an affiliate, ran europe in cambridge. so i'm there often for that. there is quite the shall we say, cocktail party chatter in london about how might it all go badly? or how might it all fall apart when faced with the consequences? you may have seen that on tuesday, it had no relationship i think to the launch of our study, but the government lost a key vote that was all about whether or not the parliament would have the right for the opportunity to make a judgment about the brexit deal. and there are ways that it could fall apart. but most of them would involve either a new referendum, which no one is proposing, referend

we have a brexit deal or at least a deal that allows brexit negotiations to move to the next step.ere you can see the reaction in the pound. it had risen into the headline news.en dropped into the we see the pound starting to rally back up again. oil also a strong gainer today. let's take a look at futures right now and see where equity indexes are poised to open. gains across the board. here you can see the weei screen. it's a percent miss price. it indicates that the dax is going to open up .9% and the ftse will open up relatively flat. the european market is open right now. let's take a look at the monitor. the ftse opening very quickly. 0.04%. very little change. keep an eye on the ftse. the ibex open in spain up over one half of 1%. we are looking for a game this morning on the european deal with the brexit. a lot of green on the screen. financials are strong gainers this morning. that bodes well for the rest of the market. some tech stocks up with financials. energy stocks gaining. discretionary and health care. it looks like staples could be the only problem which is great i

and urgent question on the brexit talks. sir keir starmer, shadow brexit secretary. as we speak. we are in the middle of an ongoing round, and as such, i would be a bit more circumspect... we hold further talks in the past two days, and progress has been made, but we have not yet reached a final conclusion. however, i believe we are now close to concluding the first phase of negotiations and moving on to talk about our future trade relations. there is much common understanding, and both sides agree we must move forward together. our aims remain as they have always been. in particular, on the issue of northern ireland and ireland, we have been clear we wa nt ireland and ireland, we have been clear we want to protect all elements of the good friday agreement to maintain the common travel area and associated rights. we wa nt travel area and associated rights. we want to ensure there is no hard border between ireland and northern ireland. we recognise that as we acted, we must respect the integrity of the eu single market and customs union, but we are so clear we must re

‘s brexit spokesman, latest from the european parliament's brexit spokesman, guy verhofstadt, who wasole brexit negotiations as far as the parliament in the eu is concerned, he is saying that no brexit deal has been achieved yet and he sees the chances at 50—50 of and he sees the chances at 50—50 of a brexit deal going ahead. that is guy verhofstadt of the eu parliament saying no brexit deal yet and seeing the chances of that as 50—50. well, one of the possible impediments to the deal, as we have been hearing, is the irish border issue, the irish cabinet meeting this morning to discuss whether enough progress has been made of that issue on the border, so we go to chris page, who is in belfast and, chris, what is needed here is not actually a deal, it is justly assurances for the irish government, isn't it? but as we are hearing, they do effectively have a veto. that is right, on friday, donald tusk, who theresa may will meet later today, travelled to dublin and really couldn't have given a permit endorsement of the irish government's position on the border. he said that if the uk offe

we don't support hard brexit or soft brexit.brexit means different things to different people. the u.k. is leaving the european union. in trade agreement terms, we have to do those things well. the leaving the european union parties to phases. that is where the interest of the e.u. and the u.k. are divergent. that is why you had quite a difficult conversation. now what is really important is that we are embarking on phase two, which is the trade agreement discussion, where the interests are quite aligned. this is the most important thing is that we are in a negotiation for a trade deal, trade framework, between the u.k. and that he you -- and the e.u. sometimes we have a desire to in 24 hours determine what results are going to be. that is not how it is going to work. it is going to be a negotiation between the e.u. and the u.k. there are going to be a lot of things covered. whether it is canada or canada plus, whatever, this is irrelevant. it is going to be a trade negotiation. some things are difficult to do and take time. som

and now some of the brexiteers in her own party are very unhappy.er power and the answer at the end boils down to who will call the shots on this, and right now we have to say, not good enough. you need to change this process and to back off, otherwise we get on with other arrangements. can theresa may escape the tangle of competing demands on her brexit vision? the clock is ticking. we hearfrom the european parliament and from a prominent brexiteer. should britain or the eu make the next concession? a doctor made a series of mistakes. a six—year—old child died. should the doctor be allowed to practise again? we hearfrom the mother of jack adcock, who died at the leicester royal infirmary, and a doctor who wants the nhs to learn lessons rather than punish those who make errors. putin likes showing the world his sporting prowess. but his country's team are barred from the 2018 winter olympics.

trade talks. —— brexit.ng called saying labour are the key to securing a soft brexit. in the mirror, news that a british embassy worker has been killed in beirut. and the daily mail lead with what it is calling middle—class pension crisis with more than 6 million failing to save enough for their retirement. let us dealt in. you can start us off on the times. time to think about brexit. .. there's a change. this is more about the leadership which confuses me because i think leadership which confuses me because ithink mrs leadership which confuses me because i think mrs may surprised everybody in the last few weeks and has done extremely competently so i do not know where this leadership contest comes from. it seems to me the paper is making up an agenda. even mobbed is making up an agenda. even mobbed is not think it is a good idea. —— mogg. the timing is interesting. the election has to be in 2022 and much of this mess created by brexiters will have to be sorted before then. ican will have to be sorted befor

these are your headlines the eu and the uk break the brexit deadlock. jean-claude juncker announces divorce talks can progress to the next phase after a deal is reached on the irish border issue. >> i believe we now have made the break through we needed. today's result is, of course, a compromise >> sterling hits session highs as theresa may insists it's a good deal for the british taxpayer >> getting to this point has required give and take on both sides. i believe that the joint report being published is in the best interest of the whole of the uk. >> european banks rally as global supervisors finally sign off on agreements ten years in the making the chair of the basil committee says the compromise reached was worth that long struggle >> it was not so easy to get to the number 72.5, but give than we do have a compromise, everybody has signed off everybody is prepared to implement it in this particular way. >>> a shutdown averted for now president trump will sign a short-term funding bill to keep the u.s. government in motion for another two weeks as

it would be, if their man has been sidelined, brexiteers ca nton man has been sidelined, brexiteersdeal because we were undermined by remainers. theresa may could end up facing the blame if the reason a deal the country does not like about freedom of movement, and things that people said we would not have to haveif people said we would not have to have if we left the european union. if david davis is sidelined and another brexiteer is not in a powerful position, this could contribute to who owns the failure. the whole point, one assumes, that you appoint david davis, liam fox and boris johnson you appoint david davis, liam fox and borisjohnson because of three of them were brexiteers and if it is a complete failure, it is their fault. sidelining david davis should turn that on its head. absolutely but we have to remember that a lot of her plans back in the day have since proved not to have been the most successful approach so i think the way brexit negotiations have gone so far has clearly presented additional challenges that perhaps nobody factored in. who is to save what will happ

our discussion this morning of brexit. i'd like to open by remembering to go back a year and a half ago june 16 and the uk public vote in brexit felt like a tectonic shift and it was a major change with consequences that were both far-reaching and unclear. brexit changes everything but how? businesses, institutions and policymakers have been looking that ever since. the study that will talk about today looks at the impossible outcomes of what they mean for our economic policy and preparation. i'm delighted to see many friends of the wilson center here today and i will introduce our expert panel. my idea is that we will hear from charlie about the results of the study and turn this over to michelle for comment and then ask fran and howard to weigh in. who are these people you ask? charlie is the vice president of international a brand and he's a former us ambassador to greece and was a distinguished state department career including postings as possible deputy assistant secretary for europe, minister for affairs in london i

that will upset some brexiteers.be paid in euros, but some of the detail, including the schedule for payments, still has to be negotiated. estimates of the total still range, depending on who you talk to, from 40 to 55 billion euros. but this is only phase one. talks about the nature of a future relationship between the uk and the eu haven't yet started, and the next priority will be to agree upon the terms of a transition period after brexit that buys everyone a little more time. the eu insists that the transition itself take place under all existing eu rules and regulations, which won't please everyone at westminster. thank you, chris morris. wintry weather and snow has brought disruption across many parts of the country. the met office has put yellow "be aware" warnings in place for snow and ice. schools have also been closed in northern ireland and scotland, where homes remain without power. the met office has put yellow "be aware" warnings in place for snow and ice.

at the moment now, we have a minister who is mainly concerned with brexit.es his dayjob, it is things like bailing out the east coast franchise, costing hundreds of millions to the taxpayer. unfortunately, as i say in my letter, there has been a nervous breakdown across whitehall which made my position unsustainable. but the phrase spin doctor was invented for the new labour government, wasn't it? there was always spin, tricks, if you like. there was real substance in those governments, making britain better. most people accept that in those years of government, britain was better at the end of it than it was before. the big problem with brexit, which we are constantly rubbing up against, is that it is going to make britain worse off, not better off. you don't know that for sure. it is my strong view. a lot of people will say we have not left and you are already writing it off. you accepted this job in charge of infrastructure, advising on infrastructure, already knowing the government was committed to brexit. why would you do that if you were so at odds? i

brexit changes everything, but how? so businesses, institutions and policymakers have been looking at this ever since. rand's study that we're going to talk about today looks at some possible outcomes and what they mean for our economic policy and for our cooperation. so i'm delighted to see many friend of the wilson center here today and of rand. i'm going to introduce our expert panel and my idea is that whether he here from charlie about the results of this study. turn this over to then michelle for some comment. and then ask fran and howard to weigh in. who are these people, you ask? well, charlie, vice president international at rand. he's a former u.s. ambassador to greece and with distinguished state department career, ncluding for europe. minister of counsel for economic affairs in london and at the european union. in iraq he served as coordinator for economic transition from 2007 to 2008. fran is adjunct staff member at the rand corporation. she's also a distinguished fellow at the atlantic council and senior a

she will have to spell out where she stands on brexit. does she want a soft brexit 0re hard brexit?greed. then we can move onto the second phase the process. that is what we are trying to get to. there is no point in discussing soft or hard brexit. until we move on to phase two we can't negotiate the position. and people entitled to know what is in her mind? far better to see our opportunities and get those freed trade deals, or stay in the single market? the prime minister row has made it clear we wanted deep and meaningful relationship with the eu and as much access to the single market and the most seamless customs union with the eu. we are working towards that. this is a negotiation. it was never going to be simple. one thing that does seem clear is that nicola sturgeon is not going to get what she wants because mrs may has already said if there will be any sort of alignment with the eu, it will be for the whole of the uk, we will be for the whole of the uk, we will not have pick and mix deals for other parts of the uk? except maybe northern ireland. we made the case la st north

brexit could change that.ay, the uk has to present to eu negotiators in brussels ideas for avoiding the return of border posts and checks — what's known as a hard border — or the divorce negotiations can't move on to post—brexit trade. in terms of what is possible, and what can be achieved, why have we got to the stage where we are so close to a deadline and nobody really seems to be clear about what the solutions are to the border problem? this is not an irish government view. the irish government is one of 27 eu countries. the reason we are at this stage now is because the british didn't listen at the beginning. if you go back to a month after the referendum campaign, i think it was the 28th ofjuly 2016, enda kenny turned up in downing street. it is theresa may's first meeting... because she has not been prime minster very long. first meeting with the new prime minister and they have lunch and they agree that all the nice stuff about frictionless borders and things have to continue as they are. the irish the