coming out with 100 billion euros and david davies says, well, that is their opening gambit, well, that is their opening gambit, we will anchor it to the other side. —— but selmire has come out and said that. he's trying to play down as a tough negotiator. everybody is posturing and we can all relax. considering there is an election, this is the issue she is making the headlines with, we haven't heard any tory policy, we haven't heard their manifesto, we don't know what they stand for, but we all expected to vote because she is strong and offering strong government in the face of our enemy. we know who the enemy is. it is focused absolutely on her. i heard her speech. the word

david davis says he will not pay, and the european union lawyers have admitted that they cannot enforce illuminating thing in this story is the fact that downing street have called an international peace negotiator who played a key role in ending the 52 year civil war in colombia. just in case you did not think that was civil... if you need a peace negotiator to sort this out... it seems to be, we would not have paid, we would have paid that. it is quite good to know that this is right, that it is not even legally enforceable by europe. will this end with a bit of old—fashioned haggling? you start off up there, we start down there... so we will up somewhere in the middle. there will bea somewhere in the middle. there will be a bill to pay and, in fact, as david davis says we will do that because our international reputation would be zero if we did not. but it will not be like this and right now just arguing over money. some brexiteers say we should not pay anything. but if theresa may gets a big majority does that make it easierfor her to big majority does that make it easier for her to

david davis used to be europe minister back in the day and has already crossed swords with michel barnierer well and there is mutual respect. i think mr davies will not be swayed by his demeanour. michel barnier is one tough cookie and he knows that. both sides have their own audiences to play for, there will be other eu countries looking to michel barnier to ta ke countries looking to michel barnier to take a tough public stand just as the electorate here are looking to the electorate here are looking to the british government to take a tough public stand. why that is potentially problematic —— problematic is because it limits the freedom to negotiate and compromise. if you publicly said you're going to bea if you publicly said you're going to be a very tough, bloody—minded women or whatever and you do not prove that in negotiations, people say, you said you would drive a hard bargain. it makes it harderfor theresa may to compromise and cut deals after having struck such a position. it is also hard for michel barnier to back up having said he would get this money. the rhetoric on both si

accept surprisingly david davis, seemed to a cce pt if surprisingly david davis, seemed to accept ife untrammelled access that the conservative government have been boasting about, then of course there has to be the jurisdiction of the court, the european court of justice, to make sure that happens. this is abc stuff and therefore the briefings which indicate that the prime minister is in a different universe seem to be accurate. if the best that could be said was we are drifting towards the iceberg of a ha rd drifting towards the iceberg of a hard brexit out of the single market, and it doesn't seem there is anybody substantial at the downing street teller. if you were in theresa may or david davis's position how would you handle it differently? none of us really know what is being said in these rooms, do we? as they say in ireland i think i wouldn't have started from here. for a start i wouldn't have triggered article 50, that is a position of weakness because you set the context and timescale to the negotiations which puts the initiative and negotiating hams to the other party. it

that has not been what david davis, john redwood, jacob rees mogg, iain duncan smith, that is not whatith and jacob rees mogg, it will take two years to sort this out. not a problem. and a lot of people believe that. you don't know how long it might take. this could be bluster. the start of negotiations, a lot of tough talk. it doesn't mean that it will be that hard and it could just ta ke will be that hard and it could just take the two years. it could end up being a very good deal, but the idea that there wasn't going to be a lot of noise around it — that was always going to be the case. it could be incredibly hard and we could end up crashing up with no deal at all, and that what the brexit campaign said was a little optimistic, perhaps. the front page of the financial times — the side bar, diane abbott's issues today, which are taken, but a much more in—depth analysis of the problems concerning the shadow home secretary. on the inside page of the times. labour policy in tatters after abbott's interview to forget. after my own very poor start to the session, she is a very experience

eu tops its demand for a divorce ministerand brexit david davis says even one billion would be a lotmoney. the chief brexit negotiator spoke about who is to blame for this dispute. >> the only cause of uncertainty is brexit. the only way to remove uncertainty and to protect r ights properly is through an article 50 agreement. we go to brussels. it seems like the eu and the u.k. are on a big collision course over this brexit bill. ra: yeah, absolutely, mark. as you outlined, we had comments in an interview over the weekend from brexit tech rick perry david davis that there is a possibility could -- brexit secretary david davis that there is a possibility that a bad deal would equal no deal. what we understand is that the eu is united in wanting certain hurdles to clear before any negotiations can go forward on any free-trade deal. first of all committees about the brexit bill, estimates of 5 billion pounds to 100 billion euros. the eu stipulates that the u.k. must pay this bill. there are other issues like the border between northern ireland and ireland that need to be resolved and al

has a: david davis warning for the european union.o walk away without a deal if provoked. pays says he will not brexit del of 110 billion dollars. he was reacting to a financial times report that the eu negotiators had revised the first calculations upwards. he says he has never seen a number from the eu. jpmorgan is preparing for the u.k. to lose access to the market after brexit. they plan to move hundreds of bankers from london to dublin, frankfurt and luxembourg. deutsche bank says they may move 4000 workers and goldman sachs say it probably will begin relocations next year. trump'ste has confirmed choice to run the securities and exchange commission. clinton will be the first major wall street regulator to take office. --awyer whose fiber clients former clients include goldman sachs. and in saudi arabia, the government plans to spend at least half of the money it raises on domestic investment. the saudi deputy crown prince says they will use some of the ipo proceeds to develop arms manufacturing, mining and the entertainment sect

what about the role of mr david davis?were paying him a large amount of money to do the negotiation for us? clearly, it's going to be a very difficult process and those people in ukip and people who support them who say well, let's get on with it, let's pull out and have no deal, they should realise the deal we will get is the world trade organisation deal with the ta riffs trade organisation deal with the tariffs and the rules. eu rules are the world trade organisation rules andi the world trade organisation rules and i know which ones would be worse for wales and which ones would be worst for the uk. what will your party be saying to voters on the doorstep in the fection five weeks then? well, on the eu issue, we are very much in favour of protecting wales' situation as an exporting country. we have a surplus of exports from wales and certainly we have a very important trade with other eu partners for example 90% of our food and other eu partners for example 90% of ourfood and drink other eu partners for example 90% of o

david davis the brexit secretary.he parties up to today? david davis the brexit secretary. so what are the parties up to today7m isa what are the parties up to today7m is a retro election day today because from the conservatives we get a tax bombshell dossier. i'm old enough to remember successive elections when the conservatives have repeatedly produced tax bombshell dossiers, the first person to do it wasjohn major in 1992, today we get another tax bombshell dossier where labour have got unfunded spending commitments which will cost the taxpayer £115 billion. labour are furious and say it's lies, their word, a lot of these so—called spending commitments are not actually party policy, but they have been having their own sort of retro election today by going back to labour's favoured theme, namely the nhs, saying they would tear up these plans which hospital trusts have been asked to come up with basically to pair back on money, but which could mean a&e departments being downgraded and they say they'd rip them up and

theresa may and david davis appeared to open with megaphone diplomacy, threatening europe that we willme kind of tax haven on the shores of europe. let's approach this sensibly. because yes, we are leaving the european union, but we have to have a good relationship with them in the future. the liberal democrats said the question mark over britain's exit bill proved why a second referendum on the final deal is needed. this is what will happen over the next two years. you will, i will, our children will have a deal we have to live with for the next several decades and none of us will be given a say. this will be stitched up by politicians in brussels and in london, the british people will be carved out. but ukip said there was a simple solution to the issue of money. what we want to know in ukip is how much is the government willing to pay? as far as ukip is concerned we should not be paying anything at all. how we leave the eu and on what terms will dominate politics after the election, so in the weeks before polling day, parties are coming under pressure to explain what they would do.

david davis turned up toa preparation.mmons select committee and he said he had not priced the cost of leaving for the uk. i think we're going to get a tough brexit deal, terrible for the uk and the reason that theresa may is holding this election now is because she wants to silence opposition because she knows that when we know the details of brexit people will be furious. a quick word about immigration. suzanne evans, pipe -- about immigration. suzanne evans, pipe —— due to want to bring net migration down to zero over the next five years, when one person need you will let one hand. that is not how it works. it is about balanced immigration, zero net immigration to give our country time to recover and oui’ give our country time to recover and our public services time to recover. so over a period of five years, we have approximately the same number of fee will be leaving the country and that is between about 250000 and 300,000 every year and the same coming in. we will still invite to britain around about 300,000 people e

even david davis has said that we need migrants, for the hill service, science, and other sectors.ou have got the danger, that this is about the conservative party, trying to out ukip ukip. and they do not need to do that. we saw that from the council elections. the same day that theresa may has said this, ukip said we want a net migration figure over five years of zero. i do not think even the hardest brexiteers would say that. it needs 100,150,000. brexiteers would say that. it needs 100, 150,000. and those people who voted for brexit would say that they wa nt voted for brexit would say that they want control of the borders. the guardian, jeremy corbyn pins hopes on housing reform. successive governments, going back to tony blair have tried and talked about building more and more homes. never met the target. jeremy corbyn thinks that he can do this. the numbers look terrible for the labour party. what if you dig deep, is the only issue that they can compete, housing. it goes up the income scale. kids can't buy homes. it is notjust labour, scale. kids can't buy homes. it is not ju

david davis equivalent.nship going, it is the toning down of language, but interesting to see where the battles will come forth. absolutely. he has said throughout the campaign, that brexit was not going to be what the park. he is not going to allow a deal that is potentially going to mean britain has the benefit outside of the european union, inside? he has got to topped off to some of the electorate, even though he hasjust wofi electorate, even though he hasjust won 60/40. and some of those businesses exporting, want a deal, not political chest beating. the i... talking about, saying the united kingdom border could move from calais. the french passports, thatis from calais. the french passports, that is checked in the united kingdom, and britain's checked at france. that would have implications for lorry drivers, susceptible to people jumping on the vehicles. the isaid people jumping on the vehicles. the i said that is in question. but we have both looked at the paper. we cannot see the quotations. theresa

. —— david davis. we'll leave it now. ask again at 11:30pm.t is that from the papers this hour, we are back in half an hour. will have a look at the stories making up our front pages. coming up next, ben brown and the film review. hello and welcome to the film review on bbc news. to take us through this week's cinema releases is mark kermode. so mark, what do we have this week? as i'm sure you must have noticed, there is a new pirates of the caribbean movie coming into cinemas. why? laughter. baywatch goes from small screen to big screen. and aki kaurismaki's the other side of hope. let's kick off with the pirates of the caribbean, they are billing it as jack searching for the trident of poseidon. every single one of these films — this is the fifth — has a search, a quest. this time it's for the trident of poseidon. the last time we were with pirates of the caribbean, it was one that everyone felt was like an afterthought. the reason we are back is because these movies make a huge amount of money. we have some of the old cast, some new faces.

theresa may and david davis appear to open with megaphone diplomacy threatening europe that we'll becomeome kind of tax haven on the shores of europe. let's approach this sensibly because yes we are leaving the european union but we have to have a good relationship with them in the future. and eu source dismissed the claims of the prime minister as pure fa ntasy. earlier in brussels, the eu chief negotiator denies claims a big divorce bill is being drawn up to punish britain for brexit. there is no punishment, there is no brexit bill, the financial settlement is only about settling the accounts. i'm nicholas owen. the other main stories on bbc news at 5. a 20 year old student is found guilty of planting a home—made bomb on a busy london underground tube train. ten years on from the disappearance of madeleine mccann — we return to praia da luz as british police say their investigation remains open. a big fall in profits at sainsbury‘s. the supermarket giant blames tough market conditions and a fall in the value of sterling. good afternoon — i'mjane hill at westminster on the day that the

with me are camilla tominey, deputy political editor at the daily express and the broadcaster, david daviess news that the moors murderer, ian brady, has died. they say he never revealed where he buried one of his vitims. the times also carries a picture ian brady, a picture of ian brady, but leads with a drugs firm facing a fine of hundreds of millions of pounds, for increasing the cost of cancer medicines. the ft says the hackers could be ready to launch a second global cyber attack using a system stolen from us spies. ahead of tomorrow's manifesto launch — the is headline is ‘labour‘s tax grab on the rich', with the paper expected to propose extending the top rate to those earning above £80,000 a year. the telegraph leads on the same story — claiming that almost a million middle—class people would be dragged into paying the top rate of income tax under labour's plans. while the guardian reports a labour manifesto pledging a levy on firms paying over £330,000 on individual wages. the metro focuses on the search for body of missing schoolgirl daniellejones, following a tip—off, 16 years af

david davis the brexit secretary this morning saying there have been other figures secretary this morningaying there have been otherfigures bandied around, 50 billion, 60 billion, he says britain does not recognise those figures. simply, the negotiations, yes, they will be tough, but britain will pay what it is legally due to pay. and that figure is still yet to be worked out. downing street, saying it is pa rt out. downing street, saying it is part of what is going to happen, no big deal. but it does show that britain and the european union do have some way to go before there is going to be any agreement. so yes, lining upfor going to be any agreement. so yes, lining up for the battle, but clearly, the next two years of negotiations will be very difficult. thanks there now. more from you later on. let's take a few minutes to assess what might await us now that the general election campaign is officially underway. joining me here. let's talk now to kate mccann, senior political correspondent at the daily telegraph and kevin maguire, associate editor of the daily mirror. i know today is th

david davis, he used to be brexit secretary, he is talking about how theresa may has assured the eu theton means business. he has also said she has managed to put them back in the box after those leaks recently about the various talks we have been having already, and he is determined, he says, we still have on the table this idea we will walk away with no deal. he says he spends half his time working on the no deal deal. interestingly, he is talking about this idea that there was a suggestion that no senior ministers back a pledge to reduce annual migration below 100,000, he says that absolutely wrong. it is not mention anyone else though. maybe he is not classed as a senior minister! i think he will have a different opinion. pepper, this is from back to the daily mail. referencing the itv debate that has been on this evening, which included five party leaders, not the main two, and they had been scathing about that. the daily mail... have you seen about that. the daily mail... have you seen the debate tonight? 0h, that debate. a debate like this, prime—time tv debate without the leader

the deal will be better, but only if theresa may and david davis have but on.as interpreted it in an extreme way and thatis interpreted it in an extreme way and that is being backed byjeremy corbyn and nigel farage as a truth through the lobbies to back that extreme —— extreme. the deal is this. brexit negotiations between brussels and london the next few months will lead the outcomes that none of us can predict for the time being and that means you should have the final say on the brexit deal. either the politicians will sign it off or you will. more on that on our website. time now for all the sports news in sport today. hello, this is sport today, live from the bbc sport centre. coming up on this programme: the race for top goalscorer in the premier league goes into overdrive, as harry kane scores four for tottenham, who put six past leicester city. stan wawrinka knocked out of the rome masters, asjohn isner powers past the swiss third seed. and fernando gaviria makes it a third stage win in the giro d'italia by claiming thursday's stage 12. hello, and welco

is theresa may's government and borisjohnson and david davis, are they a serious government?resa may has confirmed... we learned nothing else that we have heard from british politicians on the record. that they really believed in their own propaganda, and they tried to signal, look, you need to become more realistic. of course, in the terms of the british election campaign, daniel hannan, it is a dangerous game, isn't it? if theresa may wins the election she will have to deal with these people and been negotiating with them? i expect that to be a cordial negotiation. it is what people say on the record that matters. leaks you cannot be held to, but you have to think about what you say on paper and if you look at the eu formal position, the guidelines agreed in the short meeting, they are not so far off what the british government is pushing for. we agree there should be a free trade agreement and we agree on military and security. we agree on not being a hard border in ireland. it does not need to be a process that spins out of control but it was fortunate to have this leak a

coming out with 100 billion euros and david davies says, well, that is their opening gambit, well, that is their opening gambit, we will anchor it to the other side. —— but selmire has come out and said that. he's trying to play down as a tough negotiator. everybody is posturing and we can all relax. considering there is an election, this is the issue she is making the headlines with, we haven't heard any tory policy, we haven't heard their manifesto, we don't know what they stand for, but we all expected to vote because she is strong and offering strong government in the face of our enemy. we know who the enemy is. it is focused absolutely on her. i heard her speech. the word me was used a lot. you teach people to negotiate. do you think they are doing a good job of it? absolutely. it is all about anchoring your position in one extreme. and the other. and hopefully not insulting individuals along the way to such an extent that you have no room to manoeuvre and come to an agreement. to the extent that trump said, of his opponent, he said, you know, lock her up. when the election was ove

they've sent a big beast, david davis, here to stoke the campaign.on the doorsteps is people who've never voted conservative in their lives before saying they're going to vote for theresa may because they think that she will deliver a better deal than jeremy corbyn. it is as simple as that. are you more of a mushy peas man or a guacamole man? being me and being so working class i'm mushy peas, i'm afraid. in mandelson's seat it's a good question. do you mind if i leave you one of these? i'm your conservative candidate during the election. carljackson is hoping to win hartlepool for the conservatives. tea—time. he's currently a councillor in buckinghamshire, which he calls home. will that cost him? don't they say, what are you doing up here? well, i'm not going to pretend to have been born in hartlepool — i wasn't. it didn't seem to stop peter mandelson being mp here for 12 years. he was born in one of the poshest parts of london. but i have family from the north—east and this is an area i know, it is an area i care about, and it's an area which i can

associated, eu to face crisis with £85 billion from the uk that they need to balance the books, but david davisantastical. this figure which we talked about in the previous hour came from the fta couple of mornings ago, not from the eu, the ft has a model which will scale things up from the quoted 60 billion euros, up to 100 billion euros, £85 billion. and barnier hasn't quoted the figure. the daily express conflated these things together. the direct quote from barnier is, "we have to be rigourous in the approach to clearing the accounts." that in the approach to clearing the accounts. " that is in the approach to clearing the accounts." that is sorting out the effort bill. "0therwise accounts." that is sorting out the effort bill. "otherwise the situation might be explosive if we stop programmes, imagine the problems." not talking about riots in the street. talking about difficulties, diplomatic difficulties. he also said, in quotes, in the article, "member states don't have a right to those assets, be they drinkable or non— drinkable." the big wine cellar. and you see, there is an argument th

and coming up on newsnight — fresh from the election debate spin room, brexit secretary david davis anddow foreign secretary emily thornberry. and fashion campaigning in fife, snp leader nicola sturgeon. —— fresh from campaigning. good evening and welcome to bbc news. with just eight days to go until the election, one of the biggest debates of this campaign has just taken place in cambridge. there were seven party representatives involved, including labour leader jeremy corbyn, who'd announced earlier in the day that he would, after all, be attending. the prime minister theresa may did not take part. she said she'd rather be out meeting voters on the campaign trail. here's our deputy political editor, john pienaar. guess who came after all — and what an entrance. jeremy corbyn left it late, but how could he resist trying to show up theresa may, who stayed away? this was his chance — and look at him. he meant to take it if he could. she came to stop him. her leader's favoured, amber rudd. a single mission — take down jeremy corbyn. wherever theresa may was, she wanted this, the nearest t

david davis says the immigration policy is a major policy imperative.merican warplanes operating over syria have attacked a convoy carrying pro—government militia forces close to a base used by western special forces. also this hour... the first airport in the uk to get remote air traffic control. london city airport will remove its air traffic control tower, and monitor planes through digital cameras from 80 miles away — in hampshire. and a bbc reporter and his twin have managed to fool hsbc‘s voice recognition security system, designed to prevent fraud. good morning, it's friday, 19th may. i'm annita mcveigh. welcome to bbc newsroom live. breaking news this morning... swedish prosecutors are ending their seven—year—long investigation into the wikileaks founder, julian assange, who has been accused of rape. mr assange, who's a5, has been living at the ecuadorian embassy in london since 2012, claiming asylum to avoid extradition to sweden. scotla nd scotland yard says it is obliged to arrest him for breaching bail conditions if he leaves the embassy. ju

way, david davis says no we are not paying 100 billion euros, and sterling down versus the dollar 1/10 of 1%. the vix modestly higher, some commodities rolling over, copper off 2.5%. crude getting hammered yesterday. david: time for the morning brief. apart from the all important fed a.m. steven 8:00 mnuchin speaks at the independent community bankers capital summit. we will get adp employment data, the consensus for 185,000 jobs added last month. after the bell, it is earnings watch. facebook and tesla will be reporting. alix: decision day for the federal reserve, the bloomberg surprise index starting to roll over. sales, week core cpi, week march job numbers. mckee.shington, michael how does the fed a dress the weaker data we have seen? michael: they are going to have to mention the fact that the economy slowed in the first quarter but they do not want to take june off the table and do not believe this will be a continuing problem so they will probably talk about it being transitory. they may mention seasonality problems we had. tractornta fed, gdp now comes up close to the average g

it's all wrapped up now, butjust before we came on air i caught up with the brexit secretary, david davisearfrom him in a moment. first, i spoke to labour's shadow foreign secretary, emily thornberry. i started by asking her whetherjeremy corbyn taking part in the debate plays into those tory warnings of a coalition of chaos. well, i think that's probably the desperate attempt of conservative party central office to try and spin this. but, you know what, i think if i was amber rudd i would be going back to theresa may and saying, you really on me. i'm in front of all of those people and i say, judge us on our record, and people laughed. i had to be that a front that up, it should have been you, you are the prime minister, you are supposed to be the one who is strong and stable and able to negotiate brexit, and yet you're not even prepared to debate with people to what i want to push a little harder on the coalition of chaos line. many people thought it was rather effective, and the polls, which have had a surge for labour, the polls perhaps suggest a hung parliament is more likely than we

you could tell today they are worried because david davies went on the bbc to try and attack the lineifesto yesterday they talked about focusing help on the least well off when it came to the winter fuel allowance. today, they are saying they will only take money from those who can afford it. in the middle, you have people who are very worried. we will stay with scotland... well the drop in the price of oil has affected aberdeen's economy. recent months have brought signs of a recovery but what do people there think. 0ur reporter nick eardley has been to the aberdeen north constituency to find out. city synonymous with oil and gas uk an industry which brought wealth and jobs, but after a slump in the price of oil, some have been left struggling. like here, this foodbank is one of nearly a0 in aberdeen and is one of nearly a0 in aberdeen and is getting busier. a lot more now. it is kept going by volunteers like dougie and robert and they sell items to locals. the foodbank varies between 20 to 25, up to a0 to 50 individuals coming in on a daily basis. this time last year we were doing b

to my right is david davis, he will be spinning his particular line.nterpretation on exactly what happened and i reckon i've got the best interpretation of all, our chief critical correspondent. how do you sum up it went, the biggest election debate? it isa went, the biggest election debate? it is a crowded field, seven parties taking part, significantly theresa may was not here, deciding she was not going to come. maybe looking at the sustained attack amber rudd came under, you can maybe see why, because the conservatives have been in power seven years and they have a re cord in power seven years and they have a record to defend that she was attacked about cuts to the police service and hospitals, schools, food banks, and what they are doing with pensioners. all of that from all sides. her argument is, pensioners. all of that from all sides. herargument is, you have pensioners. all of that from all sides. her argument is, you have to make difficult decisions when you are in powerand make difficult decisions when you are in power and she turned that ba

david davis roots that the u.k.ks unless the eu drops the demand for payment of $112 million. alien #that would be a lot money. global news, 24 hours a day. powered by our more than 2600 journalists and analysts, in more than 120 countries. i am taylor riggs. this is bloomberg. thank you. we're getting live pictures of tel aviv. you can see the pageantry of the government of israel with president clinton -- with president kenyatta who -- netanyahu.ya we do have two traveling reporters with trump on air force one. he was talking about the settlement. rex tillerson saying this is part of the discussion and he also said the sodium still won't affect any commitment to israel. you can see the door of air force one opening at the steps being put to the door so that the president at the first lady can come down. rex tillerson also said the western wall is part of jerusalem. this is something we need to keep an eye on. flight, one of the first flights in many years, the flight to tel aviv -- is remarkable, the domestic poli

extent will that be properly represented in those talks at the highest level, led by theresa may and david davisrly represented. ben wright was listening to the exchanges. this is his report. five parties, vying to speak for wales at westminster. for yea rs to speak for wales at westminster. for years labour has ruled the roost here, more than half of the parliamentary constituencies are currently red and this evening it was the first minister of wales arguing labour's case. he was asked early on about the causes of terrorism. i don't agree with you that this would not have happened if it wasn't, if british foreign policy had been different. the gentleman made the point correctly about sweden. this is a war, as they see it, against all those who don't believe as they believe. turkey has been on the receiving end of these attacks. on to brexit. more than half the voters in wales backed leave in the eu referendum. there's a welsh mp in the brexit department, asa a welsh mp in the brexit department, as a minister, actively articulating the case for wales. david jones. it's really important that we

mark: fighting talk from david davis also today. this perceived 100 billion euro bill.e is suggesting the u.k. could break away. >> he says britain isn't prepared to pay 100 billion euros. he is saying we don't want to walk away but we are keeping the option open. the mantra they keep repeating is that no deal is better than a bad deal. mark: great to see you. thanks for joining us. eddie buckle. sticking with the economic .mpact of brexit j.p. morgan chase is planning to move offices in dublin, frankfurt and luxembourg. joining us now is eu blanking -- banking analysts for bloomberg. this is just possibly the beginning. >> absolutely. they are giving us more detail. frankfurt, dublin, luxembourg. treasury.ankfurt, the negotiations have just started. very clear. we've already got the lobbyists from frankfurt, paris, london business.win france as being very vocal about. exactly. it this going to kick off a domino effect whereby as banks start moving jobs it will be much more likely that will move off britain's mainland? jpmorgan approach makes a lot of sense. they are sa

around here already spreading the lines, talking out their candidate, would the expected secretary david davismay goes into this with a tory campaign that is wobbling. there was the tobacco around social care. the surveys have tightened. there is —— she has the most to lose? that is the enviable position ofa lose? that is the enviable position of a government which is seen to be in command. it starts with a read. the simple truth is collections are unpredictable. i have 47 as an mp and others as a party member over the years and almost none of them have gone exactly to track. even those called on one should turn out to be on five issue. what should theresa may be aiming to do over the following 90 minutes? firstly to reinforce her existing reputation for being a steady pair of hands, strong and stable as the phrase. i usedit strong and stable as the phrase. i used it as an example. all of that has got to be reinforced. she is a very good prime minister. i serve on her cabinet, i know what she is like. she has been a record—breaking home secretary over six years in office there. she should play

david davis and a number of others voted with me on those occasions because they too were concerned abouters and executive orders overriding a court process and i think the best defence against terrorism, the best defence against any attack on democracy is to protect the independence of a judicial process away from the political process and the prevention of terrorism act was eventually repealed... we're not just talking about that. i realise that. ...was eventually repealed, partly because of the executive powers that were implicit in it. let me turn to nato. it's the military alliance that all previous labour and tory governments think has kept this nation and the west safe for more than seven decades. it was created by a labour government. but you've called nato, "a very dangerous frankenstein of an organisation, a danger to world peace." two years ago you said it should be wound up. do you still believe that? what i've always believed is that nato was a product in 1948 of the awful trajectory of the cold war. we had the warsaw pact, which was formed a little bit later on one side and

david davis says the immigration policy is a major policy imperative.

showed they are grand delusions within his own governmentf and he cited the apparent remarks by david daviesthere is no deal and britain crashes out, we will not with a penny. this minister said that would inflict enormous reputational damage on the uk. 0ther ministers say these are predictable skirmishings from a well—known european federalist, jean—claude juncker. well, someone with experience of this is with me now. with me in the studio is yanis va roufakis, on about the brexit dinner? absolutely not, this is the way in which brussels impedes negotiations. towards a defensive stance through leaks, distortions, and strategy of making theresa may fight for her right to negotiate. she will be negotiating on her right and opportunity to negotiate. there will be no real negotiations. you famously recorded some of your eurogroup meetings because the briefings were, you wanted to make sure the briefings were accurate at what you had heard in the meeting. nothing strange about that, i had to report to parliament, to my prime minister and cabinet. i'm not accusing you, they were distortion? there

. >> brexit talks get tougher as david davis says he is willing to walk away without a deal.ade clear that the u.k. one of the pain a bill of $110 billion from the european union. this is the negotiator, who wants that. time is ticking. 100 ande get from 16 to how is this playing out politically? >> that is the question that people are asking as they sort of scratch their heads over these numbers that are flying around in the media. certainly, none of this has gone down well. already everybody pretty grumpy after the leak over the weekend and --he dinner that may had. so the mood coming out of whitehall today, not wanting to show any sort of willingness to compromise. and davis saying that the u.k. will threaten to walk away from negotiations, because they feel like they are pushed into a corner. they are pretty grumpy right now in london. >> sticking with the economic impact of brexit, we have jpmorgan chase planning to move in dublin andes frankfurt and it would help preserve easy access to the eu single market after brexit. jpmorgan did warn this ahead of brexit that if it

david davis coming out saying the u.k. will threaten to walk away from negotiations.ood is london is pretty grumpy right now. >> sticking with the economic impact of brexit, j.p. morgan chase is planning to move hundreds of london-based banks to luxenberg. the move would ease easy access to the market after j.p. morgan did warn us. jamie dimon warned us this would happen. this is possibly the beginning, isn't it, jonathan? jonathan: they are giving us more details. stratford, dublin, luxembourg. the chasm between europe and the u.k., it is very clear. they are trying to women in -- they are trying to win business. on top of that, we have a year denominated clearing debate. france is being very vocal. >> a slump in the u.s. auto industry shows no sign of letting up with sales at all six of the biggest carmakers falling again in april could ford and honda posted the steepest year of declines. gm fell on the 6%. chrysler fell 6.6%. >> it is not looking good for the whole industry. these other three biggest players in the u.s. market. they are all down more than analysts

he was speaking in response to his counterpart, david davis, who thetenned to walk away from the negotiating the -- >> the yuunity of the 27 is key for these negotiations. absolutely necessary. for the rights for the citizens, in my opinion it has to be the first item to discuss. this uncertainty for the citizens is lasting now for more than ten months. people living in britain, people -- british citizens living in europe are -- have really no clue what will happen in the future. so we need to end this uncertainty as fast as s possib. >> you will have to wait for a new prime minister if theresa may doesn't do so well. you're presuming it's her team. >> we don't enter into british politics. that, don't do. but we prepare ourselves. today there was a general council that finally adopted the directives, which were very clear. we hope to start immediately after the british elections and to start with citizens rights. so i should say let us start. >> sticking with the subject of brexit, belgian deputy prime minister didier randers set out the negotiating priorities in an interview with cnbc. >> t

britain's brexit minister, david davis saying it is not for eu negotiations to decide how the whole split works. this will be a sticking point, how much they're charging them to exit. >> there's been a lot of clashing over the back of this clearly it's an important election factor back in the uk. theresa may is painting herself as the strongest person to carry the negotiations out. people are questioning why the leaks happened from the eu side during the course of a british election campaign. the headline for us, the pound is up above 129 and has not flickered off the back of this. in general the pound has strengthened since the general election was called in the uk on the belief that theresa may will increase majority and strechngtn her hand in the negotiations. this doesn't make the process messier, the fact that europe is leaking a bigger payment? >> this was the analysis of what that is likely to be. yes, i think the interesting thing is the pound has not moved off the back of this. they know it will be a tough negotiation over two years. theresa may came out yesterday and said she wi

the brexit secretary, david davis has accused the european commission of trying to bully the britishts suggested the uk could face a 100 billion euro "exit bill". he added that there had been a "deliberately misleading briefing" after a dinner between the prime minister and jean—claude juncker. in a tweet, european council president donald tusk urged for "mutual respect". a british man has died while skydiving in thailand. it happened in the thai resort town of pattaya. the man, an experienced skydiver, leapt from a plane and landed in a nearby reservoir missing the airstrip at the thai sky adventures airbase. president trump has been celebrating at the white house after the us house of representatives passed a healthcare bill, bringing his pledge to repeal and replace so—called obamacare a step closer. he vowed to "finish off" barack obama's signature healthcare law which offered health insurance to millions of less well off americans. this is a great plan and i think it will get even better. this is, make no mistake, this is a repeal and a replace of obamacare, make no mistake abou

today david davis the brexit secretary said they would not pay anywhere near the region of 100 billione. so there's going to be an argument over this but i think you can add into this some degree of positioning and deliberate political play by both sides if they can talk up the numbers now may be able to come down and reach a compromise which they can take back to their respective parties and look like it was a success. but do not think the issue will be easily resolved. well tomorrow we have local elections across the uk. and six areas across england for the first time will be electing their responsible for economic development in their region. professorjohn curtis is with us. ijust want to talk about this public spat between brussels and downing street. is there any polling suggesting the prime minister is right, that they are undermining her at home? there is no evidence to suggest the european union has so far been successful in undermining her at home. there is polling evidence to suggest that those who voted leave in the european referendum have increasingly swung to the conserva

and as we saw david davis coming , out saying the u.k., threaten to walk away from negotiations if they feel like they are being pushed into a corner. the mood in london is pretty grumpy right now. >> sticking with the economic impact of brexit, j.p. morgan chase is planning to move hundreds of london-based banks to dublin, frankfurt, and luxembourg. the move would help preserve easy access to the eu's market after j.p. morgan did warn us. jamie dimon warned us this would happen, 4000 banks to be relocated. this is possibly the beginning, isn't it, jonathan? jonathan: absolutely. that was a number that was mentioned more or less potentially there, and now they are giving us more details. frankfurt, dublin, luxembourg. the chasm between europe and the u.k. and how the negotiations started, i think it is very clear. we have places in dublin, luxembourg, you name it that are trying to win business. top of that, we have a year denominated clearing debate. france is being very vocal. >> a slump in the u.s. auto industry shows no sign of lettin

david davis talking about crisis before it began to lay out the plans. . the article was that the u.k. would be prepared to walk away even before the negotiations begin if this bill keeps being talked about around 100 billion pounds. anna: let's keep an eye on that, on the wake of that. european ministers gathering in brussels to discuss the brexit negotiations -- let's get the first word news with juliette saly. juliette: anna, thank you. in saudi arabia, u.s. president donald trump has told arab leaders that the war on terrorism isn't a fight between different faiths. he also called on middle east allies not to wait for the u.s., and to ensure terrorists are offered no sexually. it was an attempt to ease concerns and the trump administration discrimination against islam in the wake of an attempt to ban people from muslim majority countries from entering the u.s. >> when young muslim men and women should have the chance to build a new era of prosperity for themselves, it has to be done, and we have to let them do it. summit,'s help this will mark the begi

also on the front page of the sunday times this morning, down a little bit, david davis talking abouts a1 billion is his decision! we are going to pay something? is a 1 billion is too much, that is a lot of money. and what of this grandstanding? how much is it serious? it‘s difficult to call. but some of this is money we genuinely was part of agreements we signed up to? particularly for eu pensions. it‘s difficult to sell to people to pay for patches of eu officials, but there are research gra nts officials, but there are research grants that we can‘t escape, it‘s not going to happen. theresa may made the statement injanuary that no deal is better than a bad deal, but we haven‘t heard much of that recently. but there is an awful lot of roach to run. i have a feeling it‘ll like when i walked out of a cafe without paying a bill, it was humiliating. so i suggest we don‘t do that. you get up early every day to be on brea kfast, you get up early every day to be on breakfast, a bad night‘s sleep makes it possible to keep your waistline down? 0ther it possible to keep your waistline down? ot

brexit secretary david davies says it will meet its legal obligations but it will not be whatever the one of several issues which will have to be was old pretty early on before we even get to the really big things like what the uk's future trading relationship will look like. the one thing that every side agrees on, when there is so much difference between them, is that it will not be an easy process. alex forsyth, thank you very much. well, what's the view been in brussels and across europe to theresa may's attack on the eu? this assessment comes from our europe editor, katya adler. i have been speaking to the officials who don't talk in public but to want the eu's opinions known, they are describing theresa ‘s assertion that brussels is interfering in the election campaign is pure fantasy. they say the eu is in favour of the selection, they wa nt in favour of the selection, they want a british government with public backing so they can start the brexit negotiations, they are absolutely saying there is no interference at all on this side. their interpretation of theresa may's comment

she will be injured used by brexit secretary david davis, who will presumably say that she is the onehe one to deliver brexit, i am the leader. we get other parts of the broader theresa may message. she doesn't wa nt theresa may message. she doesn't want to be a prime minister known for only brexit but put down reforms which she believes are necessary and distinctive and long overdue. top of the pile is social care. there is a huge row about the reforms over social care. hugely controversial. conservatives maintain that this is a significant package being put forward. figures by the man brought in to think how we solve social care, not at all impressed, saying that they bottled the big decision oi'i that they bottled the big decision on how you stop people facing huge potential care costs. his view is that they have dodged it. a lot about it about social care packages which will undoubtably rumble on. elsewhere, things that strike me as distinctive and how she rips up chunks of the cameron years. gone are the on rocks on pensions and tax, gone is the coalition pledge of free school me

david davis turned up toa preparation.d the reason theresa may is holding this election now is because she wants a silenced opposition because she knows that when we know the details of brexit, people are going to be furious. let me have a quick word about immigration. suzanne evans, ukip wa nt to immigration. suzanne evans, ukip want to bring down net migration to zero over the next few years. when one person leaves, you will let one person in? that is not how it works. it is about balanced migration. it is about giving our country than to re cover is about giving our country than to recover and our public services time to recover. over a five—year period, we we re to recover. over a five—year period, we were hammered approximately the same numberof we were hammered approximately the same number of people leaving the country, between 250000 and 300,000 a year, and the same coming in. so we will still invite to britain up to 300,000 people a year. and we will choose the brightest and the best and the people with the skills