these photos were taken by the financial times team outside the hotel.hey show those attending the dinner minging. and during the evening, the undercover reporter says she and others were repeatedly groped and harassed by male guests. multiple women told me that they had been touched inappropriately, and that ranged from holding their hands to touching their stomachs, to hands near the bottom of their back, things which maybe you might not find too offensive, but then, you know, touching their bums, kind of grabbing them, pulling them into their laps. yeah, there was a complete range of sexual harassment, basically. the event raised more than £2 million for several organisations including great ormond street hospital. it now says it will return all donations due to the wholly unacceptable nature of the event. guests included the government minister nadhim zahawi. he said he left early after feeling uncomfortable at what had begun to happen. he has vowed never to attend a men only function again. one of the auction prices was tea with mark carney, the gov

we are going to start with the financial times.trategy for brexit supporters in the uk. essentially what has been going on is the eu has been telling business leaders in a very wide array of industries ranging from pig breeders to drug makers that they need to be prepared for a no deal brexit. theresa may isn‘t doing this, this is the european union century speaking to sara gets in some sense here in the uk and telling them they need to be ready. this seems to indicate that the eu is much more prepared to negotiate than the uk is. it would seem prudent, wouldn't it, that british industry, farming, whatever, british society, is prepared for a possible no deal. yes, but the significance of this is that all through the negotiations so far we've been led to believe that the no deal brexit is almost a joke in the pack and our secret weapon here and if we deploy that europe will be completely befuddled. this is saying, no they won't. they know that's an option and they are preparing for that very well. the financial times says david davi

moving on, the financial times, human rights probe, jennl financial times, human rights probe, jenni, gracie's resignation. yes, the story running all day on the bbc, you're on china editor has found that she is being paid much less than the male international editors, and she said she doesn't want this to be about wanting more pay, butjust about wanting more pay, butjust about equality. and estimate the human rights commission is saying it wa nts human rights commission is saying it wants clarification from the bbc to make sure they are doing their legal duty and making sure women are being treated equally, so the bbc is not going to get away with the kind of fudge with which it has pushing its women away with. the bbc would say it has had an independent audit and there is no systemic problem there, but there you go. we have been discussing an all—day, yes, indeed. yes, but it was discovered that was not true. martin, male fertility, front page of the telegraph. write a worrying story and a very interesting story. —— this is quite a worrying story. if you take the study from a danish

let's have a look at the story that the financial times broke, which is the so—called presidents clubstitution which had raised huge amounts of money for very good causes. but already shut down, that is the extraordinary thing. this article focusing on who would go to these sorts of events and property magnets, really their main target. —— magnate. magnets, really their main target. -- magnate. i am glad i never had the invite. i had never heard of it, maybe i am mixing in the right circles. when i saw that story break, to be honest with you i pinched myself, i thought this is a rather unusual story for the ft to be running. i expected it to be in a tabloid rather than the ft but this clearly was the financial times' decision to go with the huge story that has been running since harvey weinstein, to expose wrongdoing, bad behaviour, lad behaviour in finance, in the city. they have done it and they have closed down in 2a hours. it is extraordinary, making you wonder what other people... nevertheless, there are those who said hang on a minute, it is like a blokes night out, a rugby club

the financial times. as a geography graduate, i have a slight issue with this.zes as australia fries. it talks about how places on the other side of the world have different weather. we know the point they are making. but it is summer in they are making. but it is summer in the southern hemisphere and the northern hemisphere is in winter. leigh not many readers of the ft would know that. --a lot of readers of the ft may not know that. it is -73 with of the ft may not know that. it is —73 with windchill. of the ft may not know that. it is -73 with windchill. all they have from australia is the usual people on the beach and why is this man outside if he is so cold? you are absolutely right martine.|j outside if he is so cold? you are absolutely right martine. i thought you were accusing me of pedantry. i know the point they are making, these are extremes. i struggle with it, though. it is about the only opinion i can fit in. that's it for the papers. tony, caroline, thank you forjoining us. coming up next is the film review. hello and a very warm welcome to the fi

and find out, the financial times doesn't talk about his legacy in terms of finance at all. growing and growing in terms of its global reach in many countries around the world. people are having to grapple with their bookshelf. people are moving into smaller pace —— places. it is inexpensive. the downside is it is quite disposable. everyone is chucking things out. i wonder how sustainable it is as well? i predicted told me in my er that someone who does for a living assembling these things for people. —— in my ear. it is replacing marriage guidance counsellors. thank you for coming in. we really appreciated. that is the business briefing this morning. thank you for your comments. many of you have been in touch about group on currencies. quite a few are remaining pretty sceptical about it. —— crypto. there was a heist injapan and the company behind that company is saying it has had to compensate those individually and has lost money in that crypto heist that happened on friday. i will see you vary so. bye. —— very soon. hello there. good morning. winter is set to return this

let's start with the financial times. it has scored a major coup.tigation, got everyone talking, it has been in the papers today and will be there tomorrow. what amazes me is after the harvey weinstein scandal, has been a great debate about the role of women and the question is how does any group of people imagine that in 2018 they could get away with something like this. ifound could get away with something like this. i found it could get away with something like this. ifound it bewildering. this was an event at which women were told to wear sexy black dresses, underwear to match, high heels, paraded in the fanfare of trumpets toa paraded in the fanfare of trumpets to a men only assembly and in some cases they were

the financial times —— daily telegraph also carries that but also the story of a couple from derby whog with its own poll saying there is overwhelming public support for diverging the foreign aid budget to the nhs to help ease winter pressures . to the nhs to help ease winter pressures. slightly out of sync there, but let's return to the reshuffle there, but let's return to the res huffle o n there, but let's return to the reshuffle on the front of the mail. upon on the daddy of political sitcoms. the headline, "no, prime minister." and the times seeing the prime minister needed to redeem herself of changes at lower ministerial levels. described by one wag as the night of the long plastic kitchen knives, quite funny, and i have said it three times tonight. but anyway, the daily mail, the prime minister on a day of reshuffling chaos. theresa may forced to sack the education secretary after she refuses to move. as the day gone as theresa may had hoped? it would be hard to make that case, wouldn't it. i know the sun's tanvir this will be on the shuffle —— will be omni—shuffle. —— the sun'

a battle over it you lob puts brexit progress at risk is where we will start with the financial timesbrexit at risk. what will happen to the new laws which the rest of the eu puts out? are we meant to take notice? and papers are full of the trouble that theresa may has for the next stage of the negotiations and you can say at least she got through phase one, thatis least she got through phase one, that is in the bag, but the story says it is not. sufficient progress means the full details have to be nailed down and that is what is happening at the moment and this is a further obstacle. one of the key issuesis a further obstacle. one of the key issues is the european court of justice. it is a red rag to the ball to the tory brexiteers. robin is a red line for the eu is during the transition period we will abide by ecj rulings and also new laws which might be made by the ecj and eu and overseen by the eu. written is arguing they want some sort of halfway house measure where britain would look at the new laws on the grid ecj rulings itself and decide whether they would conflict with our

but no, you are on my watchful stop the financial times, hopes for a productivity rebound 7 financialtivity rebound? productivity was as flat as a pancake and they have had a little bump so the chancellor has tweeted this and hopes to rise, i suppose, but they probably fall, as well, i suspect, is the expert says, there needs to bea is the expert says, there needs to be a sustained improvement to ease concerns. it's the worst period since the 1820s in terms of productivity in britain. in one quarter output per hour rose less than i% and that has made the front page of the ft because they are looking for any reasons to be cheerful. the guardian. phones fuel shock rise in exam cheating. who would have thought it, crafty little devils. staff also involved. official figures showing the number teachers and school staff involved in exam malpractice, more than doubled between 2016 and 2017. what are they doing, then? handing the phones over. laughter the fascinating statistic, there we re the fascinating statistic, there were 2715 penalties issued to just over two and a half thousand stu d e

the financial times, we have to be careful with this story, it is an investigation from the ft but they are making some pretty serious allegations about what they are presented as an evening of debauchery. this was two report going undercover at this presidents clu b going undercover at this presidents club dinner which i had never heard of but apparently has been going for 33 years and it is men only, the guests, 360 guests and they hire 130 hostesses to entertain the men in the evening. hostess inc happens a lot in clubland and so on but some of this reporting is quite strawberry, the things that happened that are —— quite extraordinary things like groping and things that would be constituted as sexual assault. and without going into names, there is a long list of people invited to this event, the ft says they don't know if they went but it is titans of industry and the like? completely, a lot of well—known names on the list, obviously we do not know if they actually attended but it goes to show that a position of authority or power is not necessarily an indication that you're going t

the financial times, we have to be careful with this story,

and can i bring in pippa with the financial times which is presenting the other side of today's events. we have had the pomp and the ceremony on the front page of the i but the financial times, talking about breaking hypocracy? yes. the ententes, and the deals done on defence, on security co—operation, borders and culture but brexit came up borders and culture but brexit came up at the press conference after. it is what everyone is thinking about, wondering be and emmanuel macron represents the most stable leader of one of the main eu powers at the moment and therefore is instrumental in what we do when getting out of brexit. everyone wanted to know what he thought. he made it clear to the prime minister that it would not be as repeating as michel barnier, the eu negotiators said, about cherry—picking eu negotiators said, about cherry— picking and eu negotiators said, about cherry—picking and bespoke deals. he was obviously making a big deal of rolling out the red carpet to british bankers, desperate to have them there and pinch them from us. you can't blame him. not desperate. he refe

with me now is matthew vincent, columnist at the financial times. with this pension fund and the deficit there. and the deficit there. carillion, we've heard about this and other cases. and other cases. order to meet those liabilities into the long—term. the long—term. that lies at the heart of the pension system that we have. pension system that we have. carillion contracts to give us going. look at this and say it's an outrage. outrage. the contradictions within the system. system. of concern to lots of people for obvious reasons. obvious reasons. decide if the dividends are too high or not. in this case they said they weren't. weren't. have access to all the information they need. they need. currently met, look at enough measures. measures. how much the company is paying into its pension scheme. its pension scheme. dividends to money for pension was not bad. in fact, there were worse offenders. offenders. regulator took the view that perhaps it can be sorted out in time. it can be sorted out in time. and presumably look at the auditors, kpmg, who

. >>> the "financial times" says the president's club will close after reports of sexual harassment at charity event. two "financial times" reporters were among the female hostesses last week's event at london's dorchester hotel. they reported they were groped, harassed, and propositions. they have raised money for children's charities over the last three years. >>> monkeys have been cloned. researchers cloned a pair of monkeys for the first time using the same technique that produced dolly the sheep in 1996. since then scientists have cloned nearly two dozen kinds of mammals. the chinese scientists say they have no intention of cloning humans. >>> and "sports illustrated" says four players were elected to the baseball hall of fame yesterday. chipper jones batted .303 and hit 468 home runs during his career. outfielder vladimir guerrero was a nine-time all-star who hit .318 and swatted 449 homers. jim thome hit 612 home runs during his 22-year career with the cleveland indians and the san diego closer hoffman with 71 saves. >>> still ahead, the end of the yellow brick road. singer elto

our reporters take a word from al jazeera and the financial times, this week on "press here." >>>. >>> good morning, everyone, facebook screwed up. it's slowly realizing. that over the past few month, we seen facebook acknowledge their roll in the spread of propaganda in the last elections. you probably saw it. it didn't look like russian propaganda, of course. it looked like authentic news, the guardian connecting hillary clinton to the death of an fbi agent was shared over and over. not only is that article not true, there is no such thing as the denver guardian him facebook says 140 million people saw that on the news feed. >> that is more people than voted in the entire election. facebook has tried several solutions from flagging news articles to asking users to credit news agencies the simplest solution is to remove news articles, give up. but that, too, is a problem. legitimate newsrooms around the country, newsrooms like the san francisco "chronicle" count on traffic to drive it to their website. audrey cooper is the editor-in-chief at the "chronicle kwlts and wrote a scathing

this is hindsight this is my friends in the financial. times. amazing i think winter is now my favorite time of year and whatever you do you. don't forget yourself to stay good. times yourself to stick i don't want to hurt. and the ok i'm going to stick but i k i was i was the feeling myself how you feel after that. really very happy that it was i don't need you yeah. right you know you know we speak reagan yeah i just. i thought it was cruel i was just very sad oh yes said that as of yet about russia about that your movie we got our system. and c.b.s. was here i was there. i wasn't doing that much about separate new york knicks i was just going to be watching because the minutes of class they had. yeah yeah i went sure did and they said this is what i must work out but. that's ok but. i got pretty tired of telling everyone that i can't skate so i decided to do something about. what i was probably good idea or play for. you think i. don't suppose oh. so what are you. but ok. you're saying that it. was rather short. to believe you. know. when you

trade minister told the financial times there wasn't any geographical restriction on britain joining the t.p. piece saying quote nothing is excluding in all of this with these kinds of plural lateral relationships there doesn't have to be any geographical restriction however many trade experts are skeptical of britain joining the t.p. p. just last year the t p p's future appear to be in shambles when us president donald trump pulled out of the trade pact yet in november the remaining eleven members which includes all strauss mexico and japan they agreed to pursue a successor deal from argue the tepee would impact a blue collar drops while the u.k. engages in trade with p.p.p. countries that pales in comparison to its trade relationship with the e.u. members and the us for example let's take a look at japan now according to mit's observatory of economic complexity it has a largest economy and the t p p but you panic counted for just one point six per cent of the u.k.'s goods exports in two thousand and sixteen and during the first half of twenty seven thousand the u.k. exported almost

in the financial times, the eu the eu have warned today. times, the eu is advising businesses to prepare for an ordeal scenario. that will cost jobs and livelihoods and cost of living. i don't think that is what anybody who voted we've voted for. what is happening with the labour party? your position seems to shift week to week. i have been voting consistently to remain in the customs union. i think we need to be ina customs union. i think we need to be in a position where we stay in the customs union and stay in the single market. the deal before christmas contained more fights than my christmas stocking. we now see this week with the letter from david davis, how dare they put pay for an ordeal brexit, that's exactly what the hardliners in his own party have been warning about and calling for for the last year. i think we have bigger issues to decide. the chemicals regime, defence and aerospace. i will put an amendment down when the brexit bill comes back oi'i down when the brexit bill comes back on the four of the house next week. how wil

williams took over as president of the san francisco fed in 2011 in a statement to "the financial timeswilliams said he would welcome an opportunity to serve as vice chair. >>> ibm just did something it has not done in 22 straight quarters let's get to landon dowdy with the details. >> good friday to you. the tech giant returned to ref kn revenue growth for the first time in five years, but shares are down this morning as weaker than expected guidance overshadowed that news the tech company beating on the top and bottom lines this is a positive sign as the company faces competition from amazon, google and microsoft ibm says it took a one-time charge of 5$5.5 billion as a result of recent tax reform. here's what martin schroeder told jim cramer on "mad money" last night >> first half to second whatever which we described in july played out as we said. that puts us on a good base. we guided towards growing ref knew and stable margins. when we think about the transformation of ibm, yes, now that the portfolio is transformed, we have momentum going after 2018 >> looking at the stock, shares

the financial times.tories vaguely related in terms of equality. in terms of equality. with the mp5 risk losing their seats. yes, which is drastic actually. actually. that's been brewing over since 2017, since the wine teen thing. since the wine teen thing. is supposed to be a cross—party working group of mps and staff. working group of mps and staff. and resolutions and independent investigators to consider evidence. investigators to consider evidence. standards, which is independent, to suspend so—called said mps. that is huge. huge. their careers now and losing their seats and that is a good thing. seats and that is a good thingm sends out a very firm message. yes. column, page 18, story about easyjet‘s chief, his pay. easyjet‘s chief, his pay. he has opted to lower his salary. opted to lower his salary. pay and lack of pay in this country continue. continue. more than his predecessor who was a woman. woman. about women at the bbc facing threats over pay. i don't know. could exist where a woman is paid

madison marriage, and reporter for the financial times.ready for a night's work as a hostess at the presidents club fundraising dinner. the guests, all men. the hostesses, all young women. had around £200 for an evening's work. as the dinner began, guests we re work. as the dinner began, guests were told they were at the most on pc event of the year. there was a charity auction including an offer of plastic surgery at a harley street clinic. perhaps, they were told, for their wives. and during the evening, the undercover reporter says she and others were repeatedly groped and harassed by male guests. multiple women told me that they had been touched inappropriately, and that ranged from holding the hands, touching that stomachs, hands near the bottom of their back. things which maybe you might not find too offensive, but touching the bottom. kind of grabbing them, pulling them into their laps. yes, a complete range of sexual harassment, basically. the event raised more than £2 million for several organisations including great ormond street

has caused outrage and financial times found that women were sexually harassed and proposition that the event attended by male business and political leaders ought to be phipps has more. an exclusive charity evening at one of london's smartest hotels it's called the president's club so exclusive that the only guests are men some of britain's leading bankers businessmen property developers was the only women like the undercover reporter who took these pictures whose desk is told to wear sexy clothes forced to sign a document saying they won't talk about what happened here one of the auction prizes plastic surgery to make we're told your wife more attractive other prizes to be with the governor of the bank of england lunch with the foreign secretary boris childs the women are repeatedly groped harassed invited to bedrooms up stairs man. quite courses on things very quickly to. some of that it was pretty shocking things depressing politicians from all parties say they're outraged women have the right to feel safe wherever they were and allegations of this type of behavior are completely un

this was filmed by an undercover financial times journalist.ers, without containing the behaviour described, the bbc was making too much of it... this telephone collar felt the bbc news. telling the whole of the story. the coverage about the president ‘s party and how the girls we re president ‘s party and how the girls were harassed, all of the girls phonedin were harassed, all of the girls phoned in to lbc and said they did not feel harassed at all. should the bbc not finding out both sides of the story? another phone call thought the prominence given to what went on at the dinner detract that from what he considered more important news. just wanted to express my surprise that you did not bother to include anything at 12 about the save the children fund officers being on the afghanistan on the six 0'clock news although you chose to devote loads and loads of time toa chose to devote loads and loads of time to a bunch of elderly wealthy pervert in the dorchester hotel. you really have your priorities com pletely really have your priorities comp

the undercover reporter in the financial times about the events organised by the charitable trust which trust which he chairs tells more thanjust an charitable trust which he chairs tells more than just an alarming story, i noticed that the organisation wishes to put it on the individual members. actually, what happened was that women were bought as bait for men, rich men, not a mile from where we stand, as if that is unacceptable behaviour. it is totally u na cce pta ble. is unacceptable behaviour. it is totally unacceptable. at that dinner la st totally unacceptable. at that dinner last night, there was notjustjust conservative members attending, not just conservative men, attending, they were from all political double nomination is. the problem is with the dinner itself, the fact that there are men who attend those dinners and think it is appropriate. one of the prizes on that brochure at the dinner,—tastic surgery to spice up your wife —— plastic surgery spice up your wife —— plastic surgery to spice up your wife! we all have a duty to make sure those dinners never happen again.|j a

has caused outrage the financial times found the women were groped sexually harassed and proposition that event attended by leaders from the world of business politics and finance since the fall out one of the organizers has been forced to resign in two major sponsors have severed ties on a b phillips has been on. an exclusive charity evening at one of london's spotters to hotels it's called the president's club so exclusive that the only guests are men some of britain's leading bankers businessmen property developers was the only women like the undercover reporter who took these pictures whose tess's told to wear sexy clothes forced to sign a document saying they won't talk about what happened here one of the auction prizes plastic surgery to make we're told your wife more attractive other prizes to be with the governor of the bank of england lunch with the foreign secretary boris jobs the women are repeatedly groped harassed invited to bedrooms up stairs man and it's. quite course things very quickly to watch. some of that it was pretty shocking. depressing. politicians from all pa

from the financial times, emmanuel macron rejects special access for city after brexit.lows eu rules, "be my guest", says french president. from cnbc, hsbc to pay $100 million to settle currency rigging investigation. and from forbes, should junk foods be taxed to curb obesity? research says it works. and don't forget, let's us know what you are spotting online. you can use the hashtag bbc—the—briefing. that's it for business briefing this hour. conditions at liverpool prison have been called an "abject failure" in a new report by her majesty's inspectorate of prisons. they've been described as some of the worst inspectors have seen, with concerns over poor living standards, an increase in drones carrying drugs and violence. it comes a month after a bbc investigation uncovered major failings over the provision of healthcare at the prison. adina campbell reports. dirty, infested and hazardous. these are conditions hundreds of inmates are conditions hundreds of inmates are facing at liverpool prison. according to a new report by the prison watchdog. as well as problems wit

undercover journalists from the financial times say they were groped and propositioned at the presidentsne of the prizes at the auction was tea with the bank of england governor mark carney. the bank said today it is withdrawing the offer. two london children's hospitals have both said they will return donations and the matter has been raised in parliament. daniela relph reports. undercover at the 5—star dorchester hotel. madison marriage, a reporter for the financial times, here, getting ready for a night's work as a hostess at the presidents club fundraising dinner. the guests, all men. the hostesses, all young women, paid around £200 for an evening's work. as the dinner began, guests were told they were at the most un—pc event of the year. there was a charity auction, including an offer of plastic surgery at a harley street clinic, perhaps, they were told, for their wives. and during the evening, the undercover reporter says she and others were repeatedly groped and harassed by male guests. multiple women told me that they had been touched inappropriately, and that ranged from holding

joining me now from central london is sebastian payne, political lead writer at the financial times.? more turmoil in ukip. it never seems to end. ever since the vote for brexit, the party has really been without purpose. it is called the uk independence party and it is getting independence for the uk, orat and it is getting independence for the uk, or at least how it sees it. it is not about henry bolton and what is going on in his private life, it is about a political force that does not have a purpose anymore cost of membership numbers have been dwindling, poll numbers are in the ground. the real issue is ukip is a pointless party now. no matter whether henry bolton stays or goes, there is no purpose in uk politics. henry bolton has said he wants to train the swamp. this political infighting and backstabbing at the top of ukip goes on. this is all about the national executive committee, the ruling body of ukip. they have all said henry bolton is not up to the task needs to go, as have most of his officials, have a lwa ys have most of his officials, have always signed from their po

the financial times.tential new treatment for sufferers of ibs on the front of the eye. the express features a reaction that there will be no attempt by the government to review the parole board ‘s decision to release taxi rate thisjohn worboys. much of it because it is contaminated. the telegraph has cabinet officer david lillington has suggested that they could rejoin the eu in the future. the mirror leads with calls by victims ofjohn worboys for police to reinvestigate dozens worboys for police to reinvestigate d oze ns of worboys for police to reinvestigate dozens of allegations of rape and assault. a variety of different stories. there were no real consensus on which one they should be leading an although the decision of the release ofjohn worboys does feature in a couple and of course donald trump. we will be talking about that at length in a minute. there is also much to talk about with him, isn't there? let's start with him, isn't there? let's start with the express will stop regarding the outcry

it was filmed by an undercover financial times journalist, but some viewers but the bbc was making too it. and this telephone caller felt that bbc news was not telling the whole of the story. a lot of the girls said they were not harassed at all. shouldn't the bbc be finding out both sides of the story? another viewers thought the prominence that went on at the dinner detracted from more important news. i wanted to express my surprised that you did not bother to include anything at all about the save the children fund offices being bombed in afghanistan on the six o'clock news, although you chose to devote o'clock news, although you chose to d evote loa ds o'clock news, although you chose to devote loads and loads of time to a bunch of elderly, wealthy perverts in the dorchester hotel. really, you have got your priorities completely wrong in my opinion. as well as leading on that charity dinner, wednesday evening bulletins featured reports on the sentencing of the former us gymnastics team doctor abusing athletes. also allegations by nuns at a care home in lanarkshire, also sexist rema

it is in the financial times again. so much to read about bitcoin. tell me about this. bitcoin. tell me about this. apparently most of us are happy with the 25p levy on hot drinks in disposable cups. we are all for it because we want the planet to be well. that is the take on a story if you ask someone, would they be willing to do this in the future? many people would say yes. when push comes to shove, will people opt for this? you will find less drinks in disposable cups, won't you? 1496 of people, only i4%, they said they we re people, only i4%, they said they were unlikely to opt for... change their behaviour. yes. we know this has to change with plastic. it is a step in the right direction. indeed, it is. james, it has been great to have you on the briefing. thank you. and thank you for watching. stay with the bbc. we will be back at the top of the hour. hi there. the weather looks set to cause a few problems for commuters first thing thursday morning, thanks to this rapidly deepening area of low pressure. now, the isobars really squeeze together across eastern coun

but what we have, we can report as the financial times sent two women in as hostesses, in an undercovergation published tonight. now the event does raise money by the way, a couple of million. and it is an annual bash that has been going for many years. but in the wake of the harvey weinstein revelations, the dinner seems like a piece of the worst of the 1980s — or 50s even — crashing into the modern era. is this the night that unreconstructed attitudes in the city and at the top level of business are exposed? our business editor, helen thomas, reports. a 5—star london location. the guest list scattered with big names and big wallets. and innocuous billing, the president's club charity dinner. this was a charity auction like no other. last week, according to the financial times, 360 men from british business, politics and finance came to a black—tie event here. 360 men but no women except they were joined by 130 hostesses. young women, reportedly chosen for their looks, who are given short, tight dresses to wear. the women, who were paid £150, were paraded in and distributed around the

maria: in an interview with the financial times, glenn hutchins was called the first establishment investor who took a deep dive on bitcoin. can you tell us your position? >> my primarily interest, i have some etfs that have expose our to the counsel. but my primary interest is in companies that use bitcoin technology to revolutionize the way we move value around the world like we used the internet to revolutionize the way we move information, voice and video and commerce around the world. and so what's the most of important thing? information and value. maria: you can move money. it's not free because there are transaction fees. you can move money and do it among musclely. >> not anonymously. usethe' cost of a trust is why costs are so high from moving money around. since you and i have to trust each other intermediaries get to insert that trust, they take await fraud risk and custody risk and they charge pore doing that. maria: is that why the big banks were initially sceptical on bitcoin because it's removing them? glenn require's like the interest -- glenn hutchins: it's like the intern

the financial times says financial services is one of the worst areas in the uk in terms of it's genderes a close second to the construction industry. the guardian business pages announce the race is on for the creation of the world's first trillion dollar company, with all eyes fixed on technology groups such as apple, amazon and alphabet. and finally the independent asks is it the beginning of the end for uk tennis champion andy murray? the former world number one withdrew at the last minute from the australian open and then cast serious doubt on his immediate future when he revealed he is considering surgery to mend his troublesome right hip. we have the principal social specialist at an investment bank based in beijing with us. welcome back. let's get cracking. west tells to run to respect right to protest —— tehran. this has been going on for nearly seven days now and the death toll is going up. as ever it is very complicated. it is very complicated. you've got what's going on in tehran and there were protesters, it started with protest against the economy and people not feeling as

let us go now to the financial times again and this time the us shut down.he time. it has only happened four times all the time. it has only happened fourtimes in 25 all the time. it has only happened four times in 25 year, the difference one party the republicans are in control of both houses, so thatis are in control of both houses, so that is unusual. what is going on? they have failed to agree to roll over the agreement to keep funning the federal government. without that, it means that apart from the very basic law enforcement and the military, everything shuts down, they can't pay the wanes of people who work in it, and they don't have to work until that i do, they are going to meet again on monday so presumably the last shut down was 16 day, they will aim do better than that. it is interesting you say it has only happened four times in 25 yea rs, has only happened four times in 25 years, that is a lot. huge responsibilities and very important jobs to do, all across the public sector in the us, it is a sign of dysfunction, this really is s they couldn'

financial times bolton is really? —— who knows who the real is. ring the story about carillion, the engineering giant with £900 million worth of debt from various banks. they were in trouble and issued a profits warning last year, but still awarded this government contract. the issue here is it's a massive company that, until recently, most people had never heard of, they are running all sorts of public sector maintenance and construction contracts across a huge range of areas, and they have a massive debt pile. the question in today's story in the ft and the times is the allegation that the government awarded them, they had issued profit warnings last year and the government kept awarding them contracts, and the criticism is that they shouldn't have been doing so, and there are rules that suggest they shouldn't have done it, and that therefore they were throwing taxpayers money, and money after bad. on the other hand, there was a line in the ft from somebody from the government, suggesting that the problem would have been, if they haven't put that

let's start with the financial times.ybody else by the looks of it, saying he wants a soft brexit, not too much to change at all after we leave. the big ones in the cabinet cannot help themselves setting out their stall for what brexit should look like, we had borisjohnson for what brexit should look like, we had boris johnson doing for what brexit should look like, we had borisjohnson doing his thing over the weekend and getting slapped down by theresa may, now philip hammond himself getting slapped down by downing street for saying that the way he sees it is there should only be a modest economic divergence between the uk and the eu after we leave the eu. he makes the perfectly valid point in my view that the economies are currently aligned, it's not as if you were trying to bring together two economies that are very different, as was the case with the deal for canada. they are already well aligned so you only wa nt to already well aligned so you only want to diverged if it's in your interest to do so. he thinks that sh

in a financial times, financial services some of the worst in the uk for the gender pay gap.d dominate in 2017 and we even heard that the bbc. we were talking about iceland and steps it's taking this year. some industries arejust iceland and steps it's taking this year. some industries are just not moving quick enough. no and they claimed that they were moving in volu nta ry claimed that they were moving in voluntary codes but it shows that you actually need some real policies and teeth to make this happen, because you are changing centuries in effect of attitudes and, you know, more recently there have been attempts. there hasn't been enough progress. what does this article actually say? we know some industries like construction not great. financial services? you would have thought they would be a little bit more on it, as it were, because of the people who work within financial services pushing for better conditions. and the issue also in these companies is its pepe. the decision—making roles. so if you've got more men, for example, in both roles, they are getting paid more

the people that are here in strasburg but i know in depth research and calculation made by the financial times they're pretty well known to know their numbers and they said it's not three hundred fifty million pounds that will be gained by the u.k. economy that it's about the same amount that the u.k. will lose it has already started losing by the braggs it proceedings just because the economy has slowed down and other difficulties so you would you should take those numbers by boris johnson well not even with a pinch of salt but those are very very questionable numbers i will have to get into bars johnson's office and tell him to crunch those numbers max hoffman for us in brussels thank you. something's missing manufacturers at the detroit motor show a rolling out their latest creations minus the steering wheel analysts say the future is here regulators say they'll carefully and responsibly review what's on offer is take getting ahead of itself. it may not look like it but this could be the vision of the car industry's future it's a so-called line our system and creates a real time thirty minu

the financial times looking at as many angles as possible.es, the first phase of this story was about what would happen to the contract they have with the government and what will happen to their 20,000 workers and their subsidiaries. happen to their 20,000 workers and theirsubsidiaries. it's happen to their 20,000 workers and their subsidiaries. it's evolving a bit and more information is coming to light, you highlighted the payee question and in 2016. at the time that could be talked away but given its almost two years later and the company has gone bust and we can't get that money back, it looks a bit less like a coincidence. this links to something that is important that came out in the commons yesterday, many questions were put to david liddington about why the government was letting contracts to a company that had numerous recent profit warnings. so there is a confluence of information coming together now to suggest people may have been aware the business wasn't in the best of health and perhaps shouldn't have been contracting at least

moving on and looking at this story from the financial times and a few other papers.ty event at the top london hotel, the dorchester, a men only event and they sent undercover reporters to joina number of they sent undercover reporters to join a number of women, hostesses. it has interesting detail. it is not unusualfor it has interesting detail. it is not unusual for these charity events be dominated by men. i have been to plenty of them and it is always striking how few women there are. it is also not unusual for hostesses to be dressed in extraordinarily skimpy clothing. it is striking to the extent to which that is the account —— case. i have always found it strange but that is apparently the way these things is done. or changes in this case is obviously we are in the middle of the metoo campaign and the middle of the metoo campaign and the world has changed greatly. many people who have given things to this charity auction will not want their name associated with this. clearly there has been poor behaviour at this event. whether there is always poorer adventure —

that's the gloomy view of more than 100 leading economists in the financial times annual predictions long been one of the world's biggest markets for ivory, but as of 2018, all trade in ivory and ivory products in the country is now illegal. the move is being hailed as a major development in efforts to protect the world's elephant population. that story is popular on bbc.com. and now, what's trending in the business news this morning: in business insider, there's a 40% chance apple will snap up netflix, thanks to president trump's corporate tax cuts, which give the tech giant a bigger stash of cash to buy new companies. 0n bloomberg, 2018 started badly for bitcoin. for the first time since 2015, the cryptocurrency began a new year by tumbling. last year, bitcoin soared as much as 2000% before a sharp selloff. reuters has this. star wars: the lastjedi beat jumanji over the new year weekend in the battle of the box office. lastjedi picked up more than $68 million in that weekend alone. i was one of them who went to see it. don't forget, you can let us know what you are spotting online.

an investigation leads the financial times — the paper sent undercover reporters to a fundraiser alongside back with reports of groping and sexual harassment. bloomberg looks at the british regulator halting rupert murdoch's bid to buy all of sky but its take is that the sky news channel could go — to ease concerns that the billionaire would control too much of the media. the making of britain's new name in tennis features in the times. kyle edmund's reached the final four of the australian open — ranked 49, he beat no 3 seed grigor dimitrov to get there. and the daily express here in the uk says there's an outcry over scrapped plans for a statue of former prime minister margaret thatcher. so let's begin. with me is mark davies — founder of strategy consultancy, camberton. welcome to you and thank you for joining us. starting with time's ta ke joining us. starting with time's take on the questioning ofjeff sessions over the russia investigation and the question is now whether or not president trump will be next. the answer is no. it makes for a good headline but i think there is absolutely

from the financial times, facebook plans sweeping change to newsfeed, with a crackdown on clickbait andit sees as low—quality. and from bloomberg business week, why wall street hasn't had its #metoo moment yet. it says women in finance have been grabbed, humiliated, and propositioned, but have kept quiet because of the industry's culture. and don't forget, let us us know what you are spotting online. use the hashtag #bbcthebriefing. that's it for business briefing this hour. personality disorder — it affects more than three million people in the uk, and costs the nhs around £10 billion a year. now, health professionals are demanding better access to treatment. our home editor mark easton reports. i had seen barcodes on the back of my victims‘ neck that were sending m essa g es to my victims‘ neck that were sending messages to me, telling me to poison her. it was only when catherine was moved from prison to a secure mental unit after poisoning at work colleague that she was finally diagnosed with personality disorder. catherine has spent a lifetime trying to control chronic self—harm, de