the cbi says businesses want to make a su ccess the cbi says businesses want to make a success of brexittariff free access to the european market, secondly to be able to access the people, talent and skills they need to succeed for the business and third, to have a set of rules to create stability and certainty. those rules matter. our aerospace and defence industry is overseen on and defence industry is overseen on an eu basis, that helps with safety and exports. setting up an equivalent regulator in the uk as pa rt equivalent regulator in the uk as part of brexit would, they cost. not being a member of the european safety agency would cost the government up to £40 million parma and. it would add an unnecessary administrative burden to industry and potentially minimise or make it more difficult for us to export to key markets around the world. the government says it will deliver the best possible access uk businesses trading with europe, and it wants a smooth and orderly exit that works for all sectors of the economy. we arejust for all sectors of the economy. we are just getting some n

the cbi says that businesses wa nt to lose. priorities that they all share. what we want to see is that every sector is able to do three things. have continued tariff—free and non—tariff free access to european markets. second to access the people, and skills they need and third to have a set of rules and regulations where there is stability and certainty. those rule and regulations matter. our air space and defence industry is overseen on an eu basis to help with safety a nd overseen on an eu basis to help with safety and exports. setting up another regulator in the uk would come at a cost. not being a member of the european aviation agency would cost the uk government up to £40 million a year it would add unnecessary administration to industry and could minimise or make it more difficult for us to export to key markets around the world. the government says that it will deliver the best possible access for uk businesses trading with europe. and that it wants a smooth and orderly exit that works for all sectors of the economy.

and bought a unit of cbi now it is looking like the cost overruns are catching up to them. theiba might have to foot bill for these nuclear facilities being built in the united states. they are not sure how much the cost overruns and how much of an impairment cost toshiba will take, but it could be several billions of dollars. nhk, the national broadcaster in japan, is saying it could be as much as ¥500 billion, a little over $4 billion. francine: this is huge. we are talking about several billions of u.s. dollars. what does it mean for the balance sheet for toshiba? stephen: this is a lot of money and big money, and definitely not good for the balance sheets. right now if they were to take an impairment of $1 billion or $2 billion that would wipe out their entire profit for the

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

to achieve that, say the cbi, we'll need an approach that works for all industries. european union, with brexit, the rise of nationalist parties and the continuing migrant crisis. in the third of a series on how the world has changed over the last year, our special correspondent allan little considers what impact the momentous political changes in the uk and america might have on europe. in prague, the christmas markets are glittering symbols of a remarkable transition — from dictatorship, foreign occupation and poverty to one of the fastest growing economies in the eu. the country's wealth has more than quadrupled in a generation. the anti—communist revolutions of 1989 changed the shape of europe. somewhere in this crowd, of a00,000, is a much younger me, watching as the dissident playwright, vaclav havel, gave voice to the hopes of half a continent. it was a really thrilling thing to stand here beneath that balcony and watch an entire nation rise up to take back control of its own destiny. it wasn't just about democratic transition, at the heart of that revolution

cbi in fact, he went on trialon t there and was found guilty.uilt the judge in that case cas sentenced him to 180 days andysd all of those days were suspended. live in capitol heights, paultsu wagner, fox5 local news. n >> i want you to take a looke ak at this video here behind meind and then i have a question for you. would you just sit there? well, that's what you miyoghtu t ask yourself after you see s this next story.to let's first set it up for youor am d.c. police are look for four suspects who robbed a a northeast convenience store onc monday.onve that store sells a lot of a lot lottery tickets. watch what happens.h what h it was just before 8 o'clock monday when several masked individuals entered the store,th onee h solding a handgun.andg now keep your eye on the man sitting on the bench justing on checking his lottery t tickets. meanwhile one of the suspects actually squeezes through aly s small windowqu where he demandsa cash. >> then he say like open thepe safe drawer. >> reporter: as that washat

to achieve that, say the cbi, we'll need an approach that works for all industries.e vote for brexit, the rise of nationalist parties and the continuing migrant crisis. in the third of a series on how the world has changed over the last year, our special correspondent, allan little, considers what impact the momentous political changes in the uk and america might have on europe. in prague, the christmas markets are glittering symbols of a remarkable transition — from dictatorship, foreign occupation and poverty to one of the fastest growing economies in the eu. the country's wealth has more than quadrupled in a generation. the anti—communist revolutions of 1989 changed the shape of europe. somewhere in this crowd, of a00,000, is a much younger me, watching as the dissident playwright, vaclav havel, gave voice to the hopes of half a continent. it was a really thrilling thing to stand here beneath that balcony and watch an entire nation rise up to take back control of its own destiny. it wasn't just about democratic transition, at the heart of that revolution lay the i

avoid the cliff edge that you were asked about at the cbi?ut at the cbi? i think when people talk about transition, often different people mean different things. some people will talk about transition as a deliberate way of putting off leaving the eu. for others, transition is an expectation that you cannot get the deal in two yea rs, that you cannot get the deal in two years, therefore you have to have a further period. but if you think about what the process we are going to go through is, once we have got the new arrangements, there will be a necessity for an judge —— adjustment, for implementation of some practical changes that may need to ta ke some practical changes that may need to take place in relation to that. that is what business have been commenting on and arguing that when arguing for. they used the phrase about not having a cliff edge. they do not want to wake up one morning having a deal agreed the night for and discover we have to do everything in a different way. so there is a practical aspect of how you ensure people are abl

the business organisation, the cbi, has called for uk firms to continue to enjoy "tariff—free" accessging the government to adopt a so—called "whole economy" approach to ensure that individual sectors don't lose out. our business correspondent,john moylan, reports. what parts of the economy should we prioritise as we leave the eu? do we want finance or maybe farming to get the best deal? how about the creative industries, or even construction7 after a wide—ranging consultation with firms, the cbi has concluded that brexit needs to work for everyone. take farming. on paper, it adds £9 billion in value to the economy. that compares with £120 billion by finance, but farmers say those numbers don't tell the whole story. agriculture is seen as more important or less important depending on the size of its contribution to the economy. for me, actually, i think we've got to be careful. that misses a trick about all the other things we do. the environment, the landscape, etc. we may well be sacrificed for financial services orfor another sector, but this is an industry we can't afford to lose.

the cbi — that represents many big businesses — has been pushing for a gradual transition towards a newnd a couple of weeks ago, the prime minister hinted that the government is working to avoid a so called "cliff edge". our business editor simon jack has been to the west of england to get the thoughts of company bosses there. britain is on a journey out of the european union. it officially sets sail at the end of march when we'll trigger article 50. so far the route we're going to take has been, well, a bit like today, pretty murky. so, we've come to bristol to find out what businesses here want to know about the potential perils and potential opportunities that lie ahead. for firms like this manufacturer of aerospace components, initial anxiety has given way to just getting on with it. in fact the company has just spent £a00,000 on this new machine. i was very pro—remain as a business person because i didn't want the uncertainty that brexit is still potentially going to create. but people have decided on what they want to happen. let's roll up our sleeves and move forward. in fact the

let's get more on the cbi hearing.access to the eu. the report includes a sector by sector breakdown and looks up the economy as a whole. but agriculture could be seriously impacted by it changing relationship with the eu. joining me now from southampton is our guest, deputy president of the national farmers' union.|j our guest, deputy president of the national farmers' union. i think providing the government takes a whole economy approach, there is no need for agriculture to be disadvantaged. what we wouldn't want is for one sector of the economy to be prioritised over agriculture, different trade deal secures that would really have a knock—on and detrimental affect. so the whole economy approach is vital. what would you stand to lose if we did not trading relationship with europe we currently have, what are you most worried about? it has been about trading tax—free with 500 million consumers, which has been enormously beneficial to europe and the uk. for instance, we export 3 million tonnes of wheat, 80% of which goe

bob, if i look at the list of hopes and dreams that cbi has in terms of how the process it should workomments from syriza is they aren't going to switch them or you. robert parker: people are demanding clarity on the brexit passes. if you look at theresa may's statement, she is saying she hoped to provide clarity early in 2017 but she said yesterday, i am not going to provide clarity. so my plan is i will try and tell you what we want to do next year but i'm not going to tell you today. so we do not have clarity today is conclusion number one. i think conclusion number two is that in is all very well for the british government and a british lobbying groups such as the cpi to say yes, we want free trade. that is supposed to be a very desirable objective that one of the problems we were talking about earlier in the program is europeal uncertainty in in, you know, the shifting politics of europe next her may actually make the other side of the negotiating table even more difficult to negotiate with so we are in a very difficult situation whereby the british may have some very commendable

the cbi warns that british companies should not be subject to trade tariffs, and face only "minimal"ted to delivering the best possible access to european markets for uk businesses. mps have called for the pensions regulator to be given much stronger powers to thwart rogue employers who fail to support their pension schemes. the commons work and pensions committee says the regulator should have the power to impose "punitive fines" of as much as £ibn. following the collapse of the bhs pension scheme, the mps say the regulator itself needs to be reformed. more us customers who bought vw cars programmed to cheat on emissions tests will now get compensation. last night volkswagen agreed a $1 billion deal with us authorities to cover certain vehicles. this come on top of settlement of almost 15 billion dollars for compensation to car owners. joining me from the floor of the new york stock exchange is samira hussain. how many cars and how many owners are expected to be affected and covered under this latest deal? just to be clear, back injune we heard about the $15 billion deal to rectify

the cbi warns that british companies should not be subject to trade tariffs, and face only "minimal" the best—possible access to european markets for uk businesses. mps have called for the pensions regulator to be given much—stronger powers to thwart rogue employers who fail to support their pension schemes. the commons work and pensions committee says the regulator should have the power to impose "punitive fines" of as much as £1 billion. following the collapse of the bhs pension scheme, the mps say the regulator itself needs to be reformed. backdated interest payments are leaving young people with unexpected bills from "buy now, pay later" deals. that's according to a warning from citizens advice. the charity said that thousands of people in their 20s who signed up to offers were struggling with debt. these deals allow people to delay paying for items for an agreed period of time, such as six or 12 months. yet failing to pay in full by an agreed date brings interest charges backdated to the start of the agreement. we've had fresh figures for how much the government borrowed in nove

consumers actually, there's some evidence from the cbi, that they're bringing forward big ticket item purchases on the anticipation that prices may go up after christmas. that's a short-term boost with a bit of anxiety of what's to come from the devaluation of sterling that should push inflation up towards 3% in 2017. >> simon, looking at the details of the report, on the business investment side, that's been revised lower, still growth of 0.4%, compared to 0.9%, also lower when you look at the annual investment rate. is this the real effect of brexit, corporates will continue to be on hold when it comes to investment decisions? >> if you can defer decisions to such point that you can have greater clarity, you will. that's what you're seeing in the data. the question is, of course, what clarity will we get in march? march is a key data point, key time scale for the uk government to release its dossier on its negotiating position with the european union and trigger article 50. at that point businesses have more clarity and indication of the time scale and will do a bit of a no-go decis

obviously we've had the cbi, as well. and we've asked a number of questions about wto rules and tariffs. and every once that we've had that represents different businesses and industries have saided that they wouldn't want to fall back on wto rules and tariffs in march, 2019, once we leave. and you said repeatedly this afternoon and indeed in the chamber that you want maximum access to the single market. can you take it that in the plan that you present to parliament and the letter that will trigger article 50 that you will explicitly set out that your overall objective is to avoid that scenario, to avoid a wto scenario in march, 2019? >> well, with i wouldn't say in those terms. the -- i'll state it in terms -- firstly, in terms of the letter. we haven't -- there's never been one of these letters before. so how it -- how it's phrased may be important in terms of the relationship between the council and the amount of freedom the commission has. there are various aspects of that which i'm still thinking about in terms of w

cbi stars around the globe continuen to pay tribute to singer georgeg michael.ae.o instagram saying, i have lost aa be loved friend.. actress goldy hawn rest in i peace, your music lived ourur spirits and paula abdul tweetedt i'm grateful i had the honor of core graphing his faith tour.ou such a kind man.. >>> moving to sports. sport thanks to the dallas cowboys the redskins one step closer toro making it to the post season ana they control their own destiny.. check this out.check o last night the cowboys beat the lions 42-21.. the win means all the skins havh to do is defeat the giants on sunday and they are in the playoffs.offs. that's great news unless thes ut lions and packers, that game thm ties then the redskins would be out. so we're curious to see how that game shapes up finally a formerr maryland resident who lived ined the area 40 years ago is makingn things right with his formerr library.. former maryland resident checkdk out what he did.ouwhat he wanted to make sure the billl was taken care of, so he went hw back to the couple of books that were neverv

the cbi warns that british companies should not be subject to trade tariffs, and face only "minimal"ets for uk businesses. mp5 have called for the pensions regulator to be given much stronger powers to thwart rogue employers who fail to support their pension schemes. the commons work and pensions committee says the regulator should have the power to impose "punitive fines" of as much as £1 billion. following the collapse of the bhs pension scheme, the mp5 say the regulator itself needs to be reformed. it's tiny compared to the big boys in the telecoms market — and doesn't even have to provide a customer service number. but the mobile phone network giff gaff has been named mobile network of the year by u switch. the company, which has no high street presence and instead relies on an online community to deal with customer queries, has repeatedly triumphed over better—known rivals such as ee and vodafone. it also operates a pay back scheme which allows customers to make money every time they recruit a new member or helps others in the giff gaff forums. it is called payback and monetary

we talked to the president now of the cbi, paul drechsler. barry free and no tariffs.ms and 50 trade associations right across the country looking at 18 different sectors. all people we spoke tour committed in making a success of brexit and that means continued economic growth and continued success for the uk. in order to do that and across all sectors, we recognise they are interconnect that an interdependent. a great example isa an interdependent. a great example is a supermarket which has such a wide range of products from manufacturing to agricultural inside it. we are talking about many different relations. what we see in common, no matter what sector, is that we continue to maintain an excellent relation with the trading partner, the eu. we haven't heard from neeson who have said they have committed to the future in the uk. would you class that is one sacked are being favoured more than another. —— nissan. are being favoured more than another. -- nissan. a successful brexit means that it is successful across all parts of the uk, every sector. we want to see that

that's according to the employers' organisation, the cbi.cused by the european commission of misleading it during its investigation of the company's 2014 takeover of whatsapp. the commission says facebook misled it when the company said it was impossible to match users' facebook and whatsapp accounts. in august, whatsapp said it would do just that by linking users' phone numbers with their facebook identities. the christmas shopping extravaganza is about to hit its peak — with the british public expected to spend some £20.6 billion feeding themselves over the holiday period. but it is also a time when the supermarkets are in a desperate price war to hold on to market share, cutting prices — just at a time when the cost of their imported goods, because of the fall in the value of the pound — is going up. joining me now form the bbc newsroom is mike coupe, chief executive of sainsbury‘s. hello. this chance, as it were, in the next few days to sell this huge amount of food, is it also a chance to grab market share and more importantly to hold o

and bought a unit of cbi now it is looking like the cost overruns are catching up to them.might have to foot bill for these nuclear facilities being built in the united states. they are not sure how much the cost overruns and how much of an impairment cost toshiba will take, but it could be several billions of dollars. nhk, the national broadcaster in japan, is saying it could be as much as ¥500 billion, a little over $4 billion. francine: this is huge. we are talking about several billions of u.s. dollars. what does it mean for the balance sheet for toshiba? stephen: this is a lot of money and big money, and definitely not good for the balance sheets. right now if they were to take an impairment of $1 billion or $2 billion that would wipe out their entire profit for the current fiscal year. that is not good for investors. they can bear that, though. they have got cash on hand. if it were to rise to $4 billion, according to the analysts we have spoken with, that could be such a severe write-down that it could hurt their equity in their own company, and could hurt investors

>> well, i mean, as i said, i mean, the first speech i gave to the cbi was in cardiff. the one of my first visits was to glasgow after i went to. >> the department itself. >> the department, the department, remember, is primarily coordinating. it's not doing all of the work itself. and that's one of the reasons why the jmc was set up to not just as a political exchange but also to cause an exchange to take place at the official level. it's very difficult if you've got a department doing a hard job and this is a hard job. i don't minimize the size of the job, department doing a hard job to plit it up around the place. you've got to do something coordinating in one place. so we're conscious of the need to -- frair in the uk. ministers in particular have been round anywhere from black bird to bristol to belfast and on. and we'll continue doing that. as i say, we haven't done enough yet on the regional engagement to use a phrase but that will come. >> thank you. jeremy la froi. >> thank you very much. secretary of state, you've said you want to be quite rightly prepared on

he says their tolerance for above target cbi is limited. he will probably have to raise interest rates if they get to 2.5% that could take three years at 100 basis point of moves first of you can expect the bank of england to be looking at raising interest rates going forward. will slownsumption because inflation is going to squeeze income. that could take up to 1% for u.k. gdp over the next three years. the story is that the economy itself is not feared that badly. have market activity can you can see that growing at the fastest pace in 10 months in the months of november. what does that say but the health of the economy specifically in the u.k.? holding the economy is up. it is a longer-term issue with what deals with brexit. so far the uncertainty that would cut growth hasn't really happened. but that could come. inflation is the one measure what we are seeing some evidence that it is creeping into the u.k. economy. that could squeeze incomes and squeeze growth. he is looking at a bank of england that will have to respond. david: thank y