no, said the cbi's jody wright. a cover-up. >> nothing in his statement matched anything that i knew to be at the crime scene. it just didn't make sense. none of it. >> it wasn't really that ralph changed his story in his "world journal" manifesto, not exactly. more like he kept adding to it. so he watches very carefully what you're doing and tailors his story to match what he thinks you're finding. >> exactly. >> ralph kept explaining, kept offering not less, but more details. about, for example, the drawer pulls in his house, the ones investigators removed to test for fingerprints. >> in the event that one of the invasion persons touched them. >> now here's ralph with the police at his house just after pam was murdered. noticing the missing knobs. >> what happened to all the knobs? >> he was very upset that they were missing. >> i don't understand why the knobs are gone. >> and he would know you're looking for fingerprints of these home invaders. >> well, yes. >> but what if they didn't find any fingerprints besid

prime minister teresa may is speaking live at the cbi conference currently in london. in fact, let's listen to a little bit more of what she's saying. >> i have no doubt at all about the vital role business plays, not just in the economic nation, but in our society, too. but as prime minister, i want to support you to do even more. that is why when the chancellor delivers the government's state on wednesday, he'll lay out the agenda ambitious for business and ambitious for britain. he will commit to providing a strong and stable foundation for our economy, continuing the task of bringing the deficit down and getting our debt falling so that we can live within our means once again. he will build on the action that is are independent that the bank of england is taking to support our economy. and he will do more to boost britain's long-term economic success, setting out how we will take the big decisions we need to invest in our nation's infrastructure, so that we can get the country and business moving. and he will show how we will do everything possible to make the u.k.

for the cbi's chief economist, the important thing is clarity. >> what we want to see is not talk aroundooth -- hard or soft brexit. it's really around having a smooth brexit. we need to see a smooth transition from one set of regulations into another. we don't want to end up stranded in the middle in some sort of no man's land, where we are not really sure what the rules of the game are. reporter: some businesses are not worried about the process. facebook has announced it will expand its presence in the u.k. by 50% when it's open -- when it opens its new headquarters in london. this comes a week after google says it -- said it was injecting money into its headquarters and creating 3000 jobs by 2020. reporter: a big like for london from facebook. bringch giant is due to 500 job openings to the u.k. when it opens its new headquarters in the city next year. companies -- >> it's a place our engineers want to come and work at. it's a place we see this amazing ecosystem, not just of tech companies, but creative together, coming inspiring, fueling one another, and that's why we made the commi

to ourmore we can go correspondent, who is covering the cbi conference for us. you are standing by with the u.k. president of the airbus group. the company that employs some 15,000 people in the country. what is his take on the prime minister's address? president of the howindustry is here with us do you rate the prime minister's speech, gingerly making sure that the u.k. is the best place for innovation, r&d. these are words, but how strong are they and how much do you believe in? >> certainly we welcome the prime minister's speech this morning, which was very positive on industrial strategy. strategy.eds a new she announced funding for research and technology, which we appreciate. at the airbus group, we are ambitious for britain as well, for the british economy, where airbus group is a large part of that. we employ 15,000 people in the u.k. >> five months after the referendum, the uncertainty remains the same. how positive are you that the forrnment does have a brand its position, post brexit. >> it is certainly in the early days yet. we are waiting to see th

theresa may made her presence felt at the cbi today. the pound is up against the dollar.t is significant because we had a 10 day losing streak through friday, the longest losing streak since the euro's in sentient in 1999. the closes next. ♪ are you on medicare? do you have the coverage you need? open enrollment ends december 7th. so now's the time to get on a path that could be right for you... with plans including aarp medicarecomplete insured through unitedhealthcare. call today or go online to enroll. these medicare advantage plans can combine your hospital and doctor coverage with prescription drug coverage, and extra benefits all in one complete plan for a low monthly premium, or in some areas no plan premium at all. other benefits can include: $0 co-pays for an annual physical and most immunizations, routine vision and hearing coverage, and you'll pay the plan's lowest prescription price, whether it's your co-pay or the pharmacy price. or pay zero dollars for a 90-day supply of tier 1 and tier 2 drugs, with home delivery. don't wait, call unitedhealthcare or go onl

mark: the big buzzword of the cbi earlier this week was cliffs edge.he prime minister seems to be open to some sort of transitional arrangement. is it viable? will europe really come up with asransitional arrangement soon as a two-year process comes to an end, we don't literally fall off a cliff and have to wto standards? do you see a transitional agreement being viable or not? wto standards? adam: i think that we will see in the sober light of day is weighing up of political versus imperative. imperative. i hope it is the economic imperative that wins out as that two-year period plays out. if that economic imperative wins out and governments realize it own companies, their own livelihood and their own individual voters who will lose it those terms of trade are not maintained, own companies, their own livelihood and their own individual i hope they will make the right decision. mark: great to chat to you, thank you for joining us from washington, d.c. vonnie? vonnie: coming up, president-elect donald trump six south carolina governor nikki haley to be

. >> thank you very much for we will be at the cbi conference later on today. >> i know you have strongiews on this conversation. what is your take on the conversation? it sounds great, on paper. >> you look at brexit, where people have voted, but it does not start until the article is triggered and we do not know. beil then, there will not clarity and we will not have economic impact. >> the deficit in the u.k. could hit 7.5 billion pounds. i have the u.k. curve here and it is coming all the way up here. do we go higher on yields? do they run in confluence with the global fame that we have seen, or do we wait? the u.s. is likely to increase the size of the deficit and the curve will steepen because of -- it is somewhere between 4% and push thist will higher. >> always a pleasure to have you on the program. all right. give you did of a preview of what is coming. european politics is in focus brock.will speak to stay tuned. his bloomberg. >> welcome back. it is 6:45 in london. it's go there now. your experience -- electionsest federal next autumn. now is alan brock. brock, can i ask if y

it would be odd for a prime minister to really be in opposition to cbi. wants to make friends, if you like. oftever the hardest version brexit is, we are trying to lean away from that, for a bunch of reasons now. we will get the numbers on the public-sector in a few minutes here in the u k they are not going well. overeficit is, on a year year basis, falling to slowly. there is very little largess to give away. all the noises you are hearing are the token moves to try to make some political capital, that there is very little power behind it. rob: we actually do not need a great deal. just know the data is ok. then might save up some spending, the little they will have for next year, the actual budget. it could be looking a lot worse. trump lastonald week, late last night -- many people would like to see nigel farage represent great britain as their ambassador to the united states. he would do a great job. what do you do with this? you are theresa may. she is probably on twitter, or one of her aides. do you just ignore that? this is the president of the fr

what else is theresa may expected to say in her cbi speech? good morning. be speaking this morning about spreading the benefits of capitalism a little further. this is very much in keeping with the messages we have heard from prime minister may since she first came to lead the conservative party, whether that was outside running street on the day she took leadership of the party, or at the conference speech where she wild markets a little bit with some of the things she had to say. viewin keeping with her that she wants a capitalism that works for everyone. expect more of that rhetoric. we understand she also wants to build a you bridges with business, perhaps with a commitment to the lowest corporation tax of the biggest 20 economies. that is a line "the telegraph" is running with. a statement we saw yesterday, and industrial strategy, what exactly that means. some firms are still investing in the u.k., despite the brexit vote, including the social media firm. tell us about those glimpses of optimism. anna: we are going to be bossing to facebook's u.k. lat

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we are joined here at the cbi, confederation of british industry, gathering in london.icola mendelsohn has joined us, vice president for the emea region at facebook. great to have you with us. as we compete with the announcements in the room behind us, alerting the delegates to what is happening, you are making an announcement of creating jobs in the u.k. why so much confidence? nicola: we think the u.k. is a fantastic home. we've seen real growth here since we've been here in 2007. we were just a handful of people. we are delighted that we're going to be announcing that we're going to increase by 50% the number of people here in the u.k. by next year. we will take our numbers to 1500. that is 1500 highly skilled workers. we will also have new headquarters. anna: how concerned out brexit are you? are you basing this decision around everything you've heard in public? do you have assurances from the government behind the scenes? nicola: we see that it is already an amazing ecosystem. this is irrespective of exit. brexit is still too early to say what is going to happen. w

impact -- the pound impact on cbi adversely affected the mpc trade-off.aying the medium-term slowdown due to the cpi squeeze on consumers. the short-term inflation really pick up, and then we have to figure out how we deal with that. the bank is saying they have a medium-term slowdown due to a cpi squeeze on consumers. that will affect the growth story and that may be a reason for slowing -- or laying off, but they will not tolerate above inflation for a long needed -- periodted -- elongated of time. jonathan: when it raised the near-term forecast to 1.4%, from 0.8%, they've been cut 2018 to 1.5%. the 2017 forecast, now 2.7, it was 2%. bottom line is inflation staying above a 2% target through the forecast. there is no one out there that about the bank of england was going to focus on inflation at the sacrifice of supporting growth. they seem to be defending their mandates, saying they are looking at this with a limited tolerance for above target inflation. you would assume that governor mervyn had limited tolerance for above target inflation. i honestly

hassan: i think a temporary pause makes a lot of sense so we can address the concerns the cbi fbi andsen. ayotte: certainly serving on the armed services committee, this issue, unless we can guarantee somebody coming here from that region has no connection to isis, they should not come here. and unfortunately, we have added in the senate, we had votes on strengthening that vetting system, including requiring our national security advisers and making sure the armed services had to certify that nobody coming here was a threat. senatet locked by the democrats and this issue has not been addressed and president obama keeps pushing to have more of these refugees who have come here. and in terms of more communication, i have not heard what that is. but my concerns are the same. we know isis is purposely trying to infiltrate the refugee population. we have heard that in the armed services committee from our commanders in europe. we have her that from our top intelligence officials. you know, hillary clinton wants to bring more refugees in here. we have not heard how that is going to work whe