it will underpin production at cowley and swindon.y build the mini there already, it is not a big deal. but there have been concerned about losing this in recent months? there have been patient discussions with bmw behind the scenes. we build the mini, but the electric vehicle, the mini, but the electric vehicle, the fully electric vehicle, it is not the only company that are looking to produce electric vehicles. we are encouraging the manufacturers to build here in the uk. we have a world beating car industry, and workforce. we want to build not just the industry, and workforce. we want to build notjust the cars and the panels, but also eventually the engines and infrastructure. what is the significance with the wider picture after brexit of our position within europe for the wider car industry? there are other car companies in similar positions here. we are working, campaigning that the next generation of models, including hybrids and electric should be produced here in the uk, irrespective of brexit. we have a world beating workfor

it will underpin production at cowley and will play swindon.ur members at the mini plant in the uk. in the past hour, the business secretary, greg clarke, gives his reaction. we talked about the fact that through our industrial strategy, we a to make britain the go—to place for the next generation of vehicles. they have got a fantastic workforce already at oxford and that combination of planning for the future convince them to back britain. no taxpayer subsidies used to secure this investment? we have a very good relationship with the automotive sector. we invest with the whole sector. we invest with the whole sector in research and development facilities, including an announcement i made yesterday about battery storage and including battery storage and including battery storage and including battery storage in vehicles. that environment that we have created, the go—ahead environment of investment in the future, has led companies like bmw and others to realise this is a great place to be. it seems to have taken a fair amount of persuasion. he m

this is a significant boost for the cowley plant, which is the birthplace of the mini. to put it into context, it doesn't mean they are going to get a brand—new production line. it doesn't mean significant numbers of new jobs. the investment runs to tens of millions of pounds, but bmw, earlier this year, has already announced plans to invest £180 million in a plant in germany, £540 million in a plant in america. so significant, but not big money. however, it's notjust about money, it's about politics, too. the car industry has been one of the uk's big manufacturing success stories in recent years. keeping models in the uk is a boost for the government as it tries to negotiate its brexit deal. we are determined to make britain the go—to place for the next generation of vehicles. they've got a fantastic workforce already at oxford, and that combination of planning for the future has convinced them to back britain. the uk car industry has been pushing hard for up brexit deal that still allows free trade with the eu. since the referendum vote, nissan has promised to make tw

it is turning and it all looks good but as you say this is a continuation of production at cowley.expecting them to come up with a decision. —— peugeot. we're expecting them to come up with a decision. -- peugeot. what they need to be looking out at the moment is that it is very little clarification as to what the trading relationship will be like between the uk and europe. if things go badly and there are now trading relationships perhaps we have to resort back to wto rules, meaning a 10% maximum tariff on all cars going into europe and coming the other way, and 4% on car parts. there you can possibly deal with that and then remember that as the uk market itself, and they want to sell these ca i’s itself, and they want to sell these ca rs into itself, and they want to sell these cars into that. it is notjust manufacturing cars in the uk in order to export although that is important, but there is also a uk market. if you're just going to manufacture from the uk market that is not a bad deal at all, so perhaps they can afford to do this regardless of the kind of tariffs that can be

the firm says parts will be manufactured abroad, before the car is assembled at its cowley plant near government has called the move a "landmark decision" and a vindication of the government's industrial strategy. 0ur transport correspondent richard westcott is there, is it a vindication as the government claims? it is certainly good news for the 4000 people that work behind me. this is the birthplace of the many. —— mini. but let me give you context. it does not mean a production line or significant numbers of new jobs. production line or significant numbers of newjobs. it means tens of millions of pounds of investment. it isa of millions of pounds of investment. it is a significant amount but if you think bmw announced they were spending £180 billion on a plan in germany and 540 million in the us, it isa germany and 540 million in the us, it is a big boost for this plant but in car investment terms it is not big money. they make two thirds of the minis in the world. we now know the minis in the world. we now know the electric mini will be made here. it is great for the business and

this is a significant boost for the cowley plant, which is the birthplace of the mini.o put it into context, it doesn't mean they are going to get a brand—new production line. it doesn't mean significant numbers of new jobs. the investment runs to tens of millions of pounds, but bmw, earlier this year, has already announced plans to invest £180 million in a plant in germany, £540 million in a plant in america. so significant, but not big money. however, it's notjust about money, it's about politics, too. the car industry has been one of the uk's big manufacturing success stories in recent years. keeping models in the uk is a boost to the government as it tries to negotiate its brexit deal. we are determined to make britain the go—to place for the next generation of vehicles. they've got a fantastic workforce in oxford already, and that combination of planning for the future has convinced them to back britain. the uk car industry has been pushing hard for up brexit deal that still allows free trade with the eu. since the referendum vote, nissan has promised to make two n

to the uk and installed in the body of the mini at the factory of the mini at the factory at the cowleynt in oxford. the company says it has not received any assurances or commitments from the british government regarding trading arrangements after brexit in 2019 — and nor has it requested any. the uk government has called the move a "landmark decision" and a vindication of the government's of its industrial strategy. 0ur transport correspondent richard westcott reports. they make two thirds of the world's minis. we now know that the new electric mini will be made here too. it is great for the business and we are very thrilled a that we will be part of this huge success, hopefully. it means there is no problem with the thought of them closing it down because of brexit so it is very good news. bmw, who make it, had hinted for months that the work could go to the netherlands. the new model will be made on the same production line as other minis so it will not mean extra investment orjobs but it is a boost for the government as they try to persuade car—makers to stay in the uk after brexit

it says the new model will be assembled at its plant in cowley, in oxford, starting in 2019.l face new pollution taxes. the government says it will commit to banning the sale of all new diesel and petrol cars by 2040 in order to force people to switch to electric and hybrid vehicles. joining us is nina trentmann from the wall streetjournal. thank you

it says the new model will be assembled at its plant in cowley, in oxford, starting in 2019.nd, finally, the telegraph says diesel car drivers in the uk will face new pollution taxes. the government says it will commit to banning the sale of all new diesel and petrol cars by 2040 in order to force people to switch to electric and hybrid vehicles. joining us is nina trentmann from the wall streetjournal. thank you very much for being with us. thank you very much for being with us. everyone is looking at it in different ways at donald trump on the war path against one of the people who did back him in the election campaign, jeff sessions. yes, jeff sessions was one of the first, he was the first senator that supported him at the time, the senator from al obama, now increasingly under criticism from donald trump for his handling of, his lack of handling the investigations into donald trump's opponent in the campaign, hillary clinton, and also for refusing himself for the investigations into the meddling with russia in the campaign, so that is something which seems to be increasi

bmw announced they will build the fully electric version of the mini at its cowley plant near oxford.wn! but what of a deal with the us? the mood music may be positive, but washington has long—standing gripes with eu restrictions that they'd like rid off. first, there's what's been called chlorination chicken. the us wants to sell us birds washed in chlorine — they insist they do not pose a health risk to consumers. then there's hormone—boosted beef that the us insists is safe for consumers. the us wants to be able to sell us whisky aged less than three years — they call the current three—year requirement unwarranted. they complain that their corn exports are being hit because of unfair gm restrictions. and washington has uk government subsidies of rolls—royce engines in its sights too. plenty for the trade secretary to consider, and time is pressing. i spoke liam fox just hours after that president trump tweet about a "big, exciting" trade deal between the uk and the usa. i began by asking him which sectors or industries in the uk should be excited about a potential trade deal. we've

a fully electric version of the mini is to be built at the cowley plant near 0xford.harges" levied on buyers of new—build houses could be banned in england under a proposed crackdown. the trend for new—build houses being sold as leasehold has accelerated in recent years. because ground rents can double every decade, some home owners have been left struggling to meet bills and in some cases making a property impossible to sell. the government plans are subject to an eight—week consultation and apply only to england. a sharp rise in personal loans could pose a danger to the uk economy, a bank of england official has warned. 0utstanding car loans, credit card balance transfers and personal loans have increased by 10% over the past year according to the bank's financial stability director alex brazier. in contrast household incomes have risen by just 1.5%. he has warned that "household debt — like most things that are good in moderation — can be dangerous in excess". we're joined we'rejoined by michael we're joined by michael huston. we'rejoined by michael huston. this so