theresa may addressing the cbi conference. the cbi is supporting her in what she is doing.er than leaving without a deal and that as an outcome, he says, would be a wrecking ball. she was talking about the future relationship still having aspects that need to be negotiated going forward. let's talk more with norman smith. what do you think about that? i think we got a pretty clear sense of how theresa may wants to push this forward. part of it is to push this forward. part of it is to stop talking about the divorce deal, which we know there is huge controversy, and move the narrative onto the future arrangement, the future political and trading ties, because they think they are on much stronger ground there. we got a bit there, saying this is their case that they are delivering on brexit. they said, look at the political declaration, that contains all the things people were genuinely exercised about, such as immigration. it brings to an end freedom of movement, it sorts the oversight of the european court. all those big issues are contained in that. but there was one point

the presence of the cbi there. nick miller has the weather.actor ina wind—chill becoming more of a factor in a strengthening easterly wind. we are tapping into blues here, so after a mild weekends, that is history. plenty showers around, most frequent across eastern parts of scotla nd frequent across eastern parts of scotland through the night, northern england, the east of northern ireland, running into east anglia and southern england. some places staying dry with clear spells, with the wind dropping a little in shelter, some frost around at the back most of us frost free with showers and a breeze, some sunny spells mainly in the east, becoming more widespread with increasing cloud through the day. cloud scattered everywhere in the afternoon with a raw easterly winds. starting to turn wintry on the hills, perhaps merging to give longer spells of rain through northern england. across western parts of scotland, avoiding showers, staying dry, but even here the temperatures struggle. we have that strong easterly wind, up to 50mph for some across

please join me in giving the prime minister big cbi welcomed.deal, her pitch to the platform. it was never going to the platform. it was never going to be easy or straightforward. the final stage was always going to be the toughest. but we have in view a deal that will work for the uk. and let no one be in any doubt — i am determined to deliver it. was that applause or relief? business clearly comforted that the government has reached a compromise with brussels on how we leave the eu. you have done an incredible job. on how we leave the eu. you have done an incrediblejob. let'sjust get over the final line. but not eve ryo ne get over the final line. but not everyone has agreed. there are deep worries here and with mps that she has signed up to two closer relationship with the european union. can i ask you to think again about the economics of the whole thing, rather than listening to the petitions of the cbi, which is really the confederation of european industry? i think the portrayalthat you have given of what has been agreed is a little inacc

pleasejoin me in giving the prime minister a big cbi welcome.use taking her deal, her pitch, today to the platform. it was never going to be easy or straightforward, and the final stage was always going to be the toughest. but we have in view a deal that will work, do not be in any doubt, i am determined to deliver it. was that applause or relief? business clearly comforted that the government has reached a compromise with brussels on how we leave the eu. i think you've done an incredible job, and let'sjust get over the final line. not everyone‘s agreed the script, though. there are deep worries here, and with mps, that she's signed up to too close a relationship with the european union. can i ask you to think again about the economics of the whole thing, rather than listening to the petitions of the cbi, which is really the confederation of european industry. i think the portrayal that you have given of what has been agreed is a little inaccurate in its position. why should our viewers and listeners believe you that you have struck the right de

pleasejoin me in giving the prime minister a big cbi welcome.g her deal, her pitch, today to the platform. it was never going to be easy or straightforward and the final stage was always going to be the toughest. but we have in view a deal that will work, do not be in any doubt, i am determined to deliver it. was that applause or relief? business clearly comforted that the government has reached a compromise with brussels on how we leave the eu. i think you've done an incredible job, and let'sjust get over the final line. not everyone‘s agreed the script though. there are deep worries here and with mps that she has signed up to too close a relationship with the european union. can i ask you to think again about the economics of the whole thing, rather than listening to the petitions of the cbi, which is really the confederation of european industry. i think the portrayal that you have given of what has been agreed is a little inaccurate in its position. why should our viewers and listeners believe you that you have struck the right deal when so

she is talking to the cbi today.will say, we like what you've got come up because she is pretty much freezing everything in place. but it is just one arm of industry. the businesses they should worry about. businesses,n, eu opportunities that could be shot down by this deal. francine: there was just one uncertainty, right? -- markets do not want uncertainty, they want stability. david: big business wants stability, no doubt about that. new businesses don't. if you were sitting here with innovators,reat james dyson, he would say he wanted opportunity, not certainty. francine: but you need capital to go into your business if you are small, big or medium there we had david: yes, but capital pursues opportunity, not certainty. the danger of this proposal is that it would shut down opportunity future. life sciences, genetics, we are good at those and we are world leaders in those areas. if in five years time, brussels is controlling regulations for all those areas where we are suppose and world leaders, will not be leader

we are joined by the cbi's director general. good afternoon. was listening in on some of the commentary around the cbi today and some of the questions you are being asked. i will paraphrase some of the questions and put them together. i guess my question centers on the cbi support for the brexit that the prime minister has put forward. my question is, is it a good deal, caroline, or is it a new deal brexit? caroline: it is significant progress. what we have seen -- it is a hugely important time for british business. we are four months away from a potential crash out of the european union. what businesses are saying is we know this would involve compromise. it is not perfect. it is not perfect for business, either. by charting a path to a possible frictionless trade deal in the future, let us bank that progress so we can move on. vonnie: does this mean that money will come back into the u.k. or assist still awaiting period for companies. -- carolyn: my belief is money would be unlocked if we would agree to the deal. we know how many businesses h

what do you say to the likes ofjohn allen from the cbi?saying that this delivers certainty and, above all, it avoids the wrecking ball, his words, no deal. he also cites business which he says has already invested elsewhere. investing?” he says has already invested elsewhere. investing? i don't accept his terminology for a second. there was nothing wrong with not having a withdrawal agreement, if we are a third country, all they have to do is do an export declaration, transport document... these other quys transport document... these other guys the sharp end of business.” don't believe they are correct at all. i was in rotterdam, with the ferry company that takes nissan products back and forth across the channel. they have been planning, they can do all of that for 0.3% of they can do all of that for 0.3% of the value of a consignment. that is an order of magnitude, ten or 15 times less than the chancellor has been trying to scare everybody with in order to make a full vote for this deal. it's just not such a bad... how is it that the cons

at the cbi in an a few minutes.old easterly wind at the moment bringing in quite a bid of cloud across the uk and some showers. a number of rainbows this morning spotted by weather watchers, those showers continuing to feeding mainly across eastern parts of england, some showers stripped in westwards across the midlands, across wales, generally speaking the further west uart, some sunny spells, much colder feel compared to today. maximum temperature 7—10d. 0vernight tonight, the showers heading in mainly across eastern areas, picking up mainly across eastern areas, picking upa mainly across eastern areas, picking up a touch through tonight, the showers drifting further west into tuesday. a frost free night, the strong wind staying temperatures above freezing, it will feel colder tomorrow with the strong easterly wind, some of the showers turning wintry over higher ground, sleet at lower levels from time to time. maximum temperatures by padding a degrees, with the strong easterly wind feeling colder than temperatures

the view from the cbi. can build on some kind of future agreement with the european union. but there are a lot of things to be put right and to be altered. we all know how divisive the subject of brexit is, well with that in mind — all this week the victoria derbyshire programme is taking two people with opposing views and sending them on a date — in their political blind dates series . first up it‘s love island‘s zara mcdermott, who, we can reveal, has quit herjob as a a civil servant to speak out about her political views. she met the lord mayor of sheffield, magid magid. was it love at first sight, or did it end in tears? let‘s see how they got on. i genuinely think we should have another referendum. you can'tjust wrote again until you get what you want. why don't we go with the original, unbiased view. you would say the last referendum was unbiased? do you reckon there was any lies? to the people?” unbiased? do you reckon there was any lies? to the people? i don't know. £350 million? i'm sure there was

labour leaderjeremy corbyn speaking at the cbi conference.ade several important points, including one on brexit, underlining that the labour party and a labour government would not countenance a no—deal brexit under any circumstances. that is a signal again about the way in which labour may vote in parliament in the coming weeks. esther corbin also making several points about the economy and how a labour government would handle the economy and his priority in terms of climate change and the environment. —— mr corbyn. the prime minister was also at the cbi conference earlier today. the main story today is the prime minister's continuing attempt to win support for her brexit plans, widely criticised when they were published last week. today she took her message to the business community at the start of what he has described asa the start of what he has described as a critical week that the brexit process. in a speech to the cbi, the business organisation, she said jobs and livelihoods depended on securing the right breaks a dealfor britain. mrs

relationship. —— labour in the cbi.ion were set down on paper, the government began to collapse on itself. and now the conservative party is trying to decide whether this crucial moment in our country's history is the right time to have a party leadership election. the government has mishandled two years of negotiations, that is now not a controversial view. subjecting businesses and their workforces to month of uncertainty. so some perhaps hoped the length of the negotiations might at least be a sign that the government rather than negotiating with itself was negotiating with itself was negotiating with itself was negotiating with brussels. driving an effective and hard working to get the best deal for our economy. now we know the answer. after the events of the past week, many people and many businesses will be confused and very, very anxious. the prime minister has negotiated a botched worst of all worlds deal which is bad for britain, leaving the country in an indefinite halfway house without a real say. withdrawal

so she has got the big speech to the cbi tomorrow, and she is basically... the thrust of the story is she will tell the five who are plotting against her that as the telegraph puts it, the terms of the eu's divorce from the uk have been agreed in full and the only thing to discuss as a future trade deal. in other words, here is the deal, you can't train unpick it now, and we have to make the most of it. that is the thrust of what the telegraph says she will say. will it be convincing to the cbi? the public can't do anything, can they? no, they can't. she has to stay that there is no more negotiation —— she has to say. the eu saying there is no negotiation either but she may be saying please give me something. you can see what is happening here, i am really back against the ropes, but it isa really back against the ropes, but it is a bit ofa really back against the ropes, but it is a bit of a slap down to the brexit —— brexiteers in cabinet. this is absolutely crucial. she is having to sell her deal, maybe going over and above the westminster village and goin

our business editor simon jack is at the cbi conference in south—east london.o down with the business folk there? pretty well, clive, she got a sustained volley of applause before she had even opened her mouth and i think that reflects two things. one is the business community feels much better about having been welcomed back inside the tent, they have had a number of meetings and set up business councils. and secondly, business councils. and secondly, business agree with the primers that even though a deal they describe as not perfect is a lot better than no deal —— agree with the prime minister. they said it would take a wrecking deal to the economy. but of course businesses cannot vote and that's what the president of the cbi john alan urged mps saying when you're making your vote you can vote, when you're doing that ask firms and businesses in your constituencies about what effect there would be on jobs and living standards. he said only by doing that could business make its presence felt. as i say, pretty warm reception from the prime minister today. —— jo

alongside anna edwards at the cbi conference. anna: good morning. i am here in central london where theresa may will try to sell her brexit deal to business leaders as she finds almost insurmountable opposition in parliament and a possible leadership challenge. the cash open is less than 30 minutes away. nejra: may's business pitch. the u.k. prime minister asks businesses to back her brexit deal. asia advances. u.s.s trade higher despite vice president pence's attacks on china. turnarounds at telecom italia. new ceo in a victory for activist investors. but have a look at how markets are trading globally. we have seen gains in the asian session. a little more muted given the concern around trade. no joint communique coming out of aipac for the first time in many years. saudi arabia and stocks are bouncing back after significant losses yesterday. reflect apretty much lot of the benchmarks across asia. we have seen gains in japan and south korea as well. in the fx space we saw the dollar weaker on friday, down 0.5%. it bounces back today. that is why y

mrs may will address the business lobby group the cbi today at its annual conference in london.ters from the remaining 27 eu countries are meeting in brussels ahead of the deal being finalised on sunday. our correspondent adam fleming is in brussels with the latest. a lot of focus in the uk on parliament passing disagreement. but what is the agenda in europe? last week all the focus was on the withdrawal agreement, the divorce terms which has been controversial in the uk. this week the focus is on the future relationship which will come in the form of a separate document known as the political declaration, probably 20 pages long, quite broad but covering lots of areas in the future relationship, like trade, energy, security, universities and research, you name it. that is what the uk government will hope makes the divorce deal seem will hope makes the divorce deal seem a will hope makes the divorce deal seem a bit more palatable. it only exists in the moment in a six and a half page outline, but is happening this week and this morning, when european affairs ministers meet in thi

if we move to the front of the independent, we can see her making this speech at the cbi.entions european immigration. i don't think that they get how all of europe is going this way. we see this in scandinavia, we see this in austria, we see this in hungary and all the rest of it, and people are feeling that there are too many migrants, isay feeling that there are too many migrants, i say this very carefully, because i am the child of immigrants myself. my grandparents were all murdered. people feel, if you for example want to go and have a baby, andi example want to go and have a baby, and i have heard of cases recently when you go when your waters had broken and they still send you back home, people are trying to get their kids to school and they can't find any school near them. there has been any school near them. there has been a general populace and explosion a nyway a general populace and explosion anyway but it might not be to do with immigration. basically, everybody will be admitted on the same terms, not a privilege for europeans. you don't think that will help?

so she has got the big speech to the cbi tomorrow, and she is basically...uts it, the terms of the eu's divorce from the uk have been agreed in full and the only thing to discuss as a future trade deal. in other words, here is the deal, you can't

the cbi is the organisation which has organised the conference today.hdrawal agreement. so we ta ke that withdrawal agreement. so we take away some of that huge uncertainty and we know the rules under which we operate into the next 20 months and it is easier for them to continue to create and invest in all regions of the uk. that is what is important for the business community at the moment, is avoiding that cliff edge of no deal, and this is an important step forward. 0k, that cliff edge of no deal, and this is an important step forward. ok, so short—term certainty but there will be some who voted for brexit who say that actually by doing that you are locking us into something long—term that would negate the potential benefits of total, true freedom from the eu. i think what we know will be in that transition agreement, we will be part of a customs union during that 20 months. that is really important. we have to recognise that our european union is our most important trading partner. as we look around the world, we do need to look to china, the fast—g

cbi director says, isn't it time to move on?> where do we stand on the leadership challenge to may? annemarie: she lives another day. committee,runs the did not seem like he was about to unleash political chaos. tories that sent leaders need 48 in order to trigger this no confidence vote. they only have 23. the sunday paper has done an extensive investigation. lawmakers.2 48 is where they need to be. this is still something she has to worry about. >> thank you. let's turn to dan in sydney. no joint statement for the first time in many years. why is it so sour at the summit? depends who you talk to. the chinese will say it's because they could not agree to language on wti reforms. the chinese never wanted to make a deal and tehhey were surprised when americans wanted to compromise, americans say. americans say the chinese did not like a line that was condemning all unfair trade practices. they say the chinese never intended to strike a deal at this meeting. >> strong words exchanged between mike pence and president xi during spee

the bosses' organisation the cbi says four out of five firms expect to increase the number of skilled most will either boost or maintain investment in training. but two thirds of those surveyed think skilled vacancies will get harder to fill. uber has launched a membership scheme called ride pass, for passengers in five us cities. the deal allows passengers to avoid price surging, when costs rise at rush hour and other in—demand times. the fixed—fare plan is being trialled in major us markets for the company including los angeles and orlando. the us midterm elections are just one day away. the last time the us went to the polls was to elect donald trump, in 2016. that was an election that caught many, including the stock market, by surprise. until a couple of months ago, stock prices have soared during the trump administration. so what are investors expecting this time? the bbc‘s samira hussain has the scoop from new york. we have seen technology suffer, the industrials have suffered, does it give an opportunity in bonds and gold? that is the question. sometimes it takes longer for th

the headlines: the prime minister brings her brexit message to business leaders, telling the cbi that her plan is in the national interest and thatjobs and livelihoods depended on securing the right brexit deal for britain. it was never going to be easy or straightforward. and the final stage was always going to be the toughest. but we have in view a deal that will work for the uk. but business leaders warn of the impact on the economy if the uk crashed out of the eu with no deal. westminster of the eu with no deal. seems to be living in its westminster seems to be living in its own, narrow world. it seems to be playing at high—stakes game of risk where the outcome could be an accident or no deal. surely we can do better than this. in brussels, the eu's chief brexit negotiator says the deal is fair and balanced and that the focus should now be on the future relationship. the chairman of nissan, carlos ghosn, has been arrested for alleged financial misconduct over accusations that he under—reported his earnings. tens of thousands of rail passengers are left delayed or stranded on some

she spoke to the cbi today. they don't love it. it's better than a hard crash out. gina: i think it's interest in destin interesting to think about the broader points. we are talking about a brexit from a struggling eu. think about what the euro has been doing. for them.ter of time the german gdp is struggling. it's dragging down global growth expectations. if you look at the charts, the brexit is not effectively dragging british assets lower than european assets. the pound is relative to the euro, it's been rallying. the european exchanges have been underperforming the british exchanges. bad in mainland europe from a broader political perspective and turmoil is intense on both economies. alix: it's not like their growth was crushing it either. let's get to the third story. friday,eft it noon on the rhetoric was everything is going to be great. then 24 hours later, that wasn't the case. xi speakinge and harsh words to each other. >> mankind has reached a crossroads, which direction should we choose? >> the united states will not change course. until china changes hi

of the cbi says, fine we will back your deal and a few weeks later parliament says the deal is off, whateassurance does this is actually have? none. and what happens to the eu timetable is parliament rejects the deal after the summit >> which happens on sunday. on sunday.ns >> to israel now. the defense minister quit last week. after talks and replacing him over the weekend, this israeaeli problem it decided he would take over the portfolio. left --right coalition threaten to leave if he wasn't giving the ministry. he announced has decided not to resign. this is what he told reporters earlier. if the prime minister is serious and i want to believe , i face the prime minister here and now. we are withdrawing all our political demands, and we will stand by you in this mighty task , to make israel win again. that was from earlier today. suspended joan and missile attacks in response from the united nations to do so and comes days after the saudi led coalition called a halt to the defensive. it comes as another push to bring about peace talks aimed at ending a war that has killed thousands o

the cbi is the biggest business lobby group and they say they will compromise for business.he central transitional period is a step back. they talked about the nightmare precipice of the no deal. and there is a cautious welcome for the agreement. but the state of the agreement very much in doubt. there is a that milestone but needing clarity and precision. they are working with some normal changes to trading conditions. for business, investment, and confidence. -- really echoing echoing what we're hearing across the business world. we're fairly certain at this case in time. companies that are in that political declaration as cat was just talking about. it would be after the end of the transition period in 2020. things like financial services which was a huge deal with the negotiations started. the u.k. was keen to maintain passporting for financial services to allow them access to those markets. that has been scaled back somewhat. there seems to be an acceptance of the city of london as a financial powerhouse with a reduced status after the transitional period. and they talk

the prime minister brings her brexit message to business leaders, telling the cbi thatjobs and livelihoodsbut we have in view a deal that will work for the uk. but business leaders warn of the impact on the economy, if the uk crashed out of the eu with no deal. westminster seems to be living in its own narrow world. it seems to be playing a high—stakes game of risk, where the outcome could be an accidental no deal. surely, surely, we can do better than this. in brussels, the eu's chief brexit negotiator says the deal is "fair and balanced", the focus should now be on the future relationship.

correspondent spoke with cbi director general and asked her how desperate the british industry is to get the brexit deal through in brussels. >> well, it is a momentous time in our country, because we have a proposal on the table. it is not perfect. for british business and business in europe as well, we would have liked more certainty, more of a guarantee of frictionless trade in the future. but we are in a world of compromise, and we welcome the progress made. we must pull back the cliff edge and from no deal. this proposal will enable us to do that. we think we should back progress and move on. reporter: there seems to be quite a disconnect between business and mp's to up the terms -- a lot of them are planning to bring theresa may down because they think it is not good enough. >> these are difficult times in terms of politics, in terms of the nature of decisions, and they are very big issues around sovereignty and other things people care very deeply about, and we understand that, but what we have to do is think about jobs, prosperity across our country, our manufacturing sectors

she spoke to the business group, the cbi.e fully in control of who comes here. it will no longer be the case that eu nationals, regardless of the skills of experience they have to offer, canjump the queue, ahead of engineers from sydney or software developers from delhi. instead of a system based on where a person is from, we will have one that is built around the talents and skills a person has to offer. the prime minister is under severe pressure, some mps from her own conservative party want her gone. this is an interesting intervention. the former brexit minister, david davis, is quoted in this huffpost article urging a commons vote this week in order to end what he called a tory civil war. in the past few days, there's been a lot of talk about this man, sirgraham brady, the chair of the powerful 1922 committee. he's important because he's the man collecting the letters needed to trigger a leadership contest, which could see theresa may ousted as prime minister. these are some of the mps who have already written to him. t

she will be saying to the cbi that eu citizens will no longer be able tojump the queue ahead of engineersm sydney or software developers from delhi. she is saying we will have full control of our borders. what she is not saying is how will the other eu countries react to that? what will be the situation of the expat brits in france, in spain and italy and all these places? it is quite a sensitive issue, particularly for those people in france. i wrote a story a few weeks ago about expats in france and they are concerned and they are quite worried. that might come back to bite her i think. this particular article also mentions the political declaration that we are hearing about. yes, last week we had the departure agreement with the eu which no one agrees with. the next thing is a non—binding kind of declaration of political interest between the eu and the uk and they will say what they want to happen after the uk except the eu. you can argue if it is non—binding it is not worth the paper it is written on. one of your reporters were saying there was only five pages of content. they need to

a coalition of business organisations such as the cbi, the institute of directors, the federation ofg federation of small businesses, and the main farming union, the ulster farming union, will come out in favour of theresa may's deal. they went to a reception in downing street this week in which theresa may thank those of them who had been supporting, but that hasn't made a difference particularly to the dup position, they still oppose the backstop, they are worried about it for economic reasons, they say that it will cost some companies in northern ireland, and they worry about it or constitutional reasons, anything that drives a wedge between northern ireland and the rest of the dookay and creates an internal barrier, a trade barrierfor example, a regulatory barrierfor the movement of goods, will be a bad thing for the union, will damage the union, and the fear is that the underlying it will mean northern ireland drifting closer to the irish republic and the eu and away from the united kingdom, so these are major principles for unionists, high sta kes for major principles for union

afterwards, it was the turn of the labour leader to speak to the cbi, he said brexit could be the catalystin the uk. back in parliament we didn't have the dramatic scenes thursday, when mp after mp attacked theresa may's brexit deal, but there were some lively exchanges in westminster hall as mps debated a petition saying if there was no agreement to leave the eu, then brexit must be stopped. the petition was signed by 110,000 people. this is an interesting time to be presenting this debate, days after the prime minister made a statement to the house about a proposed withdrawal agreement, with statements from all parties and many individual mps, about whether or not that agreement would be acceptable. the decision by eu members on ratification to come and so many uncertainties, and maybe this a good time to be listening to what our 110,000 petitioners feel. news reached me today of a walk—out by 200 young people from four schools in northern ireland over what they say is the unwillingness of politicians in westminster to address the grae concerns young people have over the draft brexit dea

she'll tell the lobby group, the cbi, that the withdrawal agreement will deliver a fairer immigration help young people into work. theresa may is facing critics from within her party and her cabinet — some of whom are hoping the deal can be tweaked before an eu summit on sunday. vicki young has this assement from westminster. the emphasis this week is all about the future relationship but she can't take a while on what is going on here, she will have much per engagement with an mp is because there are many who feel they are getting close to those 48 letters which would trigger that no—confidence vote in her. i think there are others who feel that that is not the right approach. what they think is the real threat will come when and if she puts that deal to the house of commons. it's hard to see whether numbers would come from and there are many brexiteers who think that is the moment seven now, the ship has been steadied at the mutiny has not gone away. later this week, theresa may is expected to meet the european commission president, jean—claude juncker. our europe editor, katya adle

she is talking with cbi today.aying, oh, we like what you got because it is freezing everything in place. for the cbi is just one arm of industry. the businesses that should worry about what has been put in place are the business with innovation, new businesses, with the opportunities shut down by the steel. they: we also got opposition view with jeremy corbyn. >> we will keep our options open. our pressure now is on the government not to accept the deal that theresa may has brought back. we will vote against it in parliament if it comes up in its current form. shery: nav from hong kong, the latest on brexit. we just had prime minister may again speaking to the public. it seems like we continue to see prime minister may appealing to voters since her brexit plan came out. do we know what is happening to that vote of no-confidence against her? will she be able to keep her job? di: looks like they do not have the 48 signatures they need to get that vote of no confidence started. she appeared to be in imminent danger t

moment, first the headlines: the prime minister takes her message to business leaders, telling the cbipend on securing the right deal for britain. we have in view a deal that will work for the uk, and let no one be in any doubt, i am determined to deliver it. but a visit from prominent brexit supporters to downing street was a reminder that mrs may is still facing tough opposition to the plan she's promoting. in yemen's civil war, improved prospects of an end to fighting, as the uk urges the united nations to call for a ceasefire. carlos ghosn, one of the world's most prominent businessmen, and a key figure in the motor industry, has been arrested on suspicion of financial misconduct over accusations that he under—reported his pay. in yemen's civil war, improved prospects of an end to fighting, as the uk urges the united nations to call for a ceasefire. hello and welcome to our look ahead to what the the papers will be bringing us tomorrow. with me are laura hughes, political correspondent at the ft, and former fleet street editor eve pollard. welcome back. many of tomorrow's front pag

tomorrow she will make a speech to the cbi and i think we can expect to hear a lot more from the businesst them swinging behind her proposals. the emphasis will be on that future relationship, if that's what she's going to be focusing on but she cannot take her eye off what is going on here. she will be having much more engagement with her own mps because there are many who feel that they might be getting close to those 48 letters which would trigger that no confidence vote in her. i think there are others, though, who feel that that is not the right approach. what they think is that the real threat will come when and if she puts that steel to the house of commons. it is still very hard to see where the numbers would come from, and there are many brexiteers who think that that is the moment. for now the ship has been studied but the mutiny has not gone away. after politicians across parties — and across the uk — lined up to criticise mrs may's deal, ?what happens next in brussels? tomorrow ministers from each of the other eu 27 countries will meet to consider the draft political declarati

you may remember, theresa may spoke at the cbi annual conference earlier this week.e said. >> it was never going to be easy or straightforward. in the final stage was always going to be the toughest. but we have in view a deal that will work for the u.k. in anyt let no one be doubt, i am delivered -- i'm determined to deliver it. we are joined by bloomberg's opinion editor live in brussels. maria, i want to start with you in brussels. let's talk about this meeting. how much pressure is jean-claude under right now? we are hearing the german, french, spanish -- all concerned that the brits are getting too good at this. they want to make sure that that does not come across. how much pressure is it on the yield curve to talk tough? maria: he is under pressure, but theresa may is under equal pressure today. at this point, both the u.k. and the european union agreed that the withdrawal agreement has been set. it includes a backstop. the problem is everyone wants to get in on the future relationship. for theresa may, she feels she can tweak this. the problem from the europe

the cbi is just one half of industry. to be shot down by this deal. >> we got the view from the opposition in an exclusive interview. >> we will keep our options open. pressure is on the government not to accept the deal that theresa may has brought back. if it comes up in its current form. byoline: we are joined maria. there is pushed back in parliament and the u k. any room for renegotiation? >> good night, caroline. they still argue the promised or can get a deal in a matter of days. the deadline for this will be sunday. where i am matt, there is nothing to renegotiate. you have to look at it in two ways. the divorce that has been agreed and the result of a year-long negotiation. 600 pages long. the future has to be at the trade relationship is going to look like. it is going to be a general election. at the of the day we stay in the european union. voiceseels as though calling for the ousting, what about where you sit in brussels? how much should we see opposition in this respect? good point. we thought the european u

the cbi's most senior policy making committee just issued a unanimous statement on the draft brexit agreementable option". this is about looking at the long—term relationship, the relationship which will determine the opportunities for generations to come. what do you say to those who are watching and say, this is not the brexit that the people voted. you'll we had a close referendum, and if we do get this deal, we are leaving europe, but doing so in a way that does not cost people their jobs are necessarily. this is a serious issue, if we go for something like canada, putting friction at the borders, which might work for a couple of economies that are farapart but work for a couple of economies that are far apart but not two that has spent generations building interconnected supply chains, if we rip that rug from underneath the feet, there will be real consequences. ideal meaning we leave europe but protect the economy is entirely sensible interpretation. having heard what you have just said, i suspect there is frustration about all the politics going on. certainly the noise does not help th

and i think it ecb has an important role -- the cbi has an important role.till a loss of business people who do believe, actually, that there should be a second vote. the percentage is less than those who voted to remain, but there are still a lot to increasingly believe that it is important we have a second vote. that is some of the messaging you got word. michael: as usual, with things that are complex, most of our many who, there are think let's just get on with it, because it is creating uncertainty. it is probably the biggest a single decision we will make, impacting hugely on the young people who do not want to leave. anna: so what we are talking about now, obviously, we've gotten a withdrawal deal. then we have the political declaration, that is not legally binding. did you divide up your thoughts as to what you think of withdrawal? i'm guessing most of your focus is on the thing that is not legally binding and has not been settled. think, onost of us one hand, thinking as a businessperson, on the other, as a citizen. think it is, i incredibly importa

anna: trying to get the public and business on side, because what hammond is saying is what the cbi saidd go. from a market perspective, your base case? grace: it is hard to have a base case, but we ultimately get to a negotiations outcome. the path is not going to be easy. it will get worse before it gets better. as we hear more about project fear. edtimately, there is a v-shap recovery in that there is no alternative. forced, notbably be at the first or second votes from parliament, but ultimately as we get down to the wire, there will be a vote. anna: and it will depend on believing there was no alternative. 200 read she could lose by out of 650. important news flow from our colleagues at bloomberg about may backing out, whether the motion can be amended. this is something labour party wanted? had --up until now, she she has changed and it is a concession. are probablyt betting that none of these amendments are going to command a majority in the house of commons, either. there is no better alternative. a motion could include something like a second referendum. is there going to be a c

the cbi data will be out wednesday.tion earnings from macy, blue apron and sysco thursday brings relevant tail for wal-mart, if n individually and nordstrom and viacom rorpts earnings on friday shaping up to be another busy week. >> among those things i think cpi, the inflation numbers, right now it's kind of a raw nerve for the market the ppi was very hot today i think we are sensitive in terms of markets to any idea the fed is sticking to the plan for next year. >> but mike on the rates picture clearly we did see rates rise yesterday. but they came back nicely today. >> in fact at a point where you think they should be coming back oil is well down usually that kind of has an effect on muting longer term inflation expectations the yields are at the top end. in theory they should settle back and relief pressure on stocks >> also worth watching the latest brexit headlines, the latest today was that boris johnson's brother, joe johnson, the lesser known of the two, resigned but he wasn't actually a cabinet minister he was

it did not help that e—mails were leaked overnight to suggest the cbi, the employers' federation, the is a fine art to explain the detail but ta ke fine art to explain the detail but take us through where we are. we have two documents, one is the 500 plus page withdrawal agreement which ever ratified will be a legally binding treaty, and the document which came outjess lee, 26 —— came out yesterday, 26 pages to say what the future relationship might look like. we have some things from that and a lot of it is concerned with the future trading relationship. this sets out a couple of the red lines on both sides. for the eu, the indivisibility of the four freedoms, the free movement of goods, services, capital and people, which the uk will move out of. on the uk said, any deal in the future must ensure the sovereignty of the uk. in terms of details on trade, one of the words frictionless was asked whether it would appear and it has not. the sides want as close as possible a relationship but it is not frictionless. the only way to haveit not frictionless. the only way to have it frictionle

mr speaker, a private e—mail from the cbi says that the deal, no need to give credit to negotiators,ded in just two years. so what does the prime minister think is preferable? extending the transition with further payments to the eu? or falling into the backstop with no expert? as the right honourable gentleman knows, there is an exit from the backstop, there is an alternative, but we don‘t want the backstop evoked in the first place. neither, neither does the government of the republic of ireland, and neither does the european union. he is referring, again, to this issue of the political declaration of the nature of the political declaration, he will know that the european union cannot agree or sign legal text on a trained arrangement with a country thatis trained arrangement with a country that is a member of the european union. they cannot do that until we have left the european union. let me just say this to him, the december joint reporters 16 pages long and less tha n joint reporters 16 pages long and less than a year between 599 of legal text, the political declaration is 26 p

theresa may had a reception in downing street where leading business figures from the likes of the cbirthern ireland businesses. so business has been public in support of mrs may on this, but this is not swayed by alan's main political party, the dup. thank you, chris. a bus company has been fined £2.3 million for "significant" health and safety failings after a "fatigued" driver ploughed into a supermarket in 2015, killing a passenger and a pedestrian. the court was told the company, midland red (south), behaved irresponsibly by ignoring signs that the driver was unsafe and tired. phil medlicott — the managing director of the bus company — made a statement outside birmingham crown court. non—voss at our company will ever forget the terrible events of october the 3rd, 2015. —— non—voss. we did the sorry for the heartache of everyone affected, particularly the families of rowan fitzgerald and nora hancock. safety is and will a lwa ys nora hancock. safety is and will always be our first concern. we take our responsibilities extremely seriously. we make it our continuing priority to work

to people here with me to talk about that, nicole sykes is from the business team at the cbi and jeremyk to do to analyse exactly what this will mean. businesses all along had been coming to priorities and another one is to get a transition deal, avoid a deal, get a transition deal, avoid a deal, get a transition because the consequences of no get a transition because the consequences of no deal is a really severe for all companies. get that transition and the withdrawal agreement delivers that. we do want to be sat there forever, we have got to be sat there forever, we have got to also move on as quickly as we can to also move on as quickly as we can to the future relationship. we have only got seven pages of text on that so only got seven pages of text on that so far, a lot of work still to do. the trade deal is something like 2000 pages, we have got to get richer was trading, rules that have relationships in that, services, so much to do. we want to get on with it. jeremy, when you hear that, so much work still to do. as far as investors are concerned, this does not move us on in any

the cbi reported that four out of five businesses have stopped investing because there is no certaintyith a look at this morning's weather. that is a lovely picture behind you. isn't it beautiful? sent in by one of our weather watchers. we've had lots of lovely sunrisers. we have some rain in the northern half of the country. it is windy, pushing northwards, then we will see some sunny spells. you can see the rain pushing across northern ireland, scotla nd pushing across northern ireland, scotland and wales and northern ireland. you can see the direction it is taking, moving to the north—east. those isobars tell you it is going to be windy, especially so with exposure in the west. breezy in the south—east. first thing this morning, it is the south and the south—east bearing best in terms of sunshine. cloud and rain continuing to move steadily north through the course of the day, fragmenting as it does so across scotland, so by the afternoon, there will still be some spots of rain around what were we see breaks in the cloud, aberdeenshire, the moray firth, it could hit 17 celsius. behin

the federation of small businesses, the cbi, the vast majority of members of the institute of directorswith my honourable friend. i think it is important that what this deal does is it delivers on the referendum but it protects jobs and livelihoods up and down the country. can we be clear what a deal is and what it is not? a deal is what we have at the moment. i happen to think it is a very good deal. it is simply a piece of paper, full of meaningless waffle, it is not legally binding, it does not have anything about frictionless trade in it. it has lots about the ecj in it, even though the prime minister claims it does not. the benches are emptying out behind the prime minister. well we she realise that the new way out of this crisis is to put this back to the british people in a people's vote ? the honourable gentleman says what we have at the moment is a deal, we have membership of the european union and the british public voted for us to cease that membership and leave the european union. i would like to welcome paragraph 53, that talks about research, training and youth exchanges,

we have had business organisations, the federation of small business, the cbi, i was with the motor manufacturersithdrawal agreement so we don't face that cliff edge, that economic fallout that you could get from that cliff edge and uncertainty. we need a transition agreement. we need active trading relationship. what was the line? we are not leaving europe, we are leaving big eu. we want to continue to have that trading relationship with europe. the prime minister's deal is the deepest trade relationship that the eu has ever offered relationship that the eu has ever offe re d a ny relationship that the eu has ever offered any other country. that is what is all to play ball. when you talk to colleagues and i talk to your colleagues, do you not feel slightly concerned ? because your colleagues, do you not feel slightly concerned? because they're not coming around to the argument that you have just made. not coming around to the argument that you have just madelj not coming around to the argument that you have just made. i am listening to what voices outside are saying as well. i'm listening to the

we know that theresa may spoke at this cbi when she announced that they had been done.are going to react. i think the way business views it is we have gone through these necessary stages, it has been slower than business would have liked, and things are far from certain because everything hinges on her parliament react. the usages of directors reached a statement, you are positive about the agreement, but very important about how the negotiations go forward. in terms of businesses, lots of businesses are saying, this is good because we don‘t like the alternative, which could be no deal. is that why businesses are backing this, because they don‘t like the alternative? it has nothing to do with the agreement itself. i think that's right, businesses are focused on avoiding no deal. we surveyed rumours last week and two thirds said no deal would be negative for their business. only about 14% said it would be positive. avoiding no deal has to be the priority. that not mean they love every detail of this withdrawal agreement, there are whole range of different views within th