the fsa says the 760,000 borrowers are saving a total of £150 million a year.n't afford to repay. they will keep the cap in place until 2020 and review it again. thank you, theo. more about that on our business live page. sales are down at trinity mirror. it isafamiliar sales are down at trinity mirror. it is a familiar tale. pre—tax profits we re is a familiar tale. pre—tax profits were down 11%. it is advertising that's the problem for the print organisations. you're watching business live. our top story: shares in hsbc are up significantly in london on the news, it has seen a big rise in profits in the second quarter and it has announced a about billion share buy back. hsbc is boosting the ftse100. a similar picture across europe. interesting times ahead. we were discussing with lawrence earlier about potential discussions of interest rate rises and whether we will get one in the uk on thursday. the chances are it's not going to happen again. let's discuss the bank account you have got or the bank account you use to do your money matters. when is the last ti

basejust over there, an american base just four kilometres along from that, and surrounding all of it are fsa — that are basically sponsored by the turks. for now, the battle against islamic state provides a kind of common purpose. but once is is gone, the potential for conflict between these big powers is very real. the kurds‘ position is extremely fragile. their fighters belonged to a branch of the pkk — considered a terrorist organisation by both turkey and the united states. for now, the syrian kurds have the backing of the americans, but turkey, a nato ally, carries out sporadic attacks against them. that's because their fight against the islamic state is really about creating their own state. on the raqqa front lines, sonxuin‘s fighters are so close they can hear is in the building across the street. for the kurds this is more than a war. it's a revolution. and it's attracting its share of idealistic outsiders. there's a million ways to die here. it's notjust on the front. there's no front line. it's a huge space of war, that is like, even though it seems peaceful here, anything can hap

there's a whole lot of acronyms involved in the movement, fsa, msa, hra. maybe that's why people can't distinguish, have trouble distinguishing between them because they get lost in the alphabet soup. it's part of the general shift that started with pensions from a defined benefit paradigm for employee benefits to a defined contribution paradigm. what do i mean by that? with the defined benefit paradigm, your flurry basically promises you a benefit now or in the future. you will get $2,000 a month for retirement income. i will pay for all of your health care expenses minus maybe some copaints. to a shift where the employer already place some amount of money if you're lucky in into an account and you will really have the control and the freedom to figure out what to do with that, what are your benefit priorities. now of course, the problem as we talked about is if there's not enough money in that account, which i'll return to again throughout my presentation, it's not all that much help to you. if you don't have the money to purchase benefits and to provide

>> most people think of hsa's as the human -- as the new and improved fsa's. means --e f part still not savings. average contributions are going up every year but very slightly. we are still at about an average of $2400 a year. nowhere close to her the maximum czar. obviously there are great distributions within that and that end up with a a balance at the end of the year because they don't understand. i had the same experience and i have an hsa and that they tell me it is use it or lose it and then no, it is not. that happens. so there are people on the other end of the spectrum who are looking at this simply as a supplement to their retirement savings. you get every walk of life in here. hsa's grow and become more mainstream, people get more walks of life in here than we could have before. so there will be a new group of people who have to understand what the hsa's are and what the potential is for them and how it can help them meet their particular needs. we are moving this by now because you worked on the medicare drug benefit as well. the doughnut hole is

movement for consumer directed health plan, cdhp, a whole lot of acronyms involved in the movement, fsa, msa, hra. maybe that's why people have trouble distinguishing between them because they get lost in the alphabet soup. so it's all part of the general shift that started with pensions, from a defined benefit paradigm for employee benefits to employee. >> with the defined benefit paradigm your employer promises you a benefit now or in future. you get $2,000 a month for retirement income. i'll pay for all of your health care expenses, minus maybe some copayments to a shift where the employer will place some amount of money, if you're lucky, into an account and you have the control and freedom to figure out what to do with that. your benefit priorityes. now the problem, as we talk about, is if there's not enough money in the account -- which i'll return to -- it's not that much help. if you don't have money to provide for needs those conditions which have potential are not that useful. so there's a big divide, political divide, about these individual accounts. so republicans, including

obamacare damaged and taxed the fsa's, flexible savings accounts, the republican plan ends that and stopsxes on flexible savings account. if you have a health savings account, 20 million americans do. the obamacare taxes damage health savings accounts. millions pay a penalty tax because they don't want obamacare and chose not to buy it. they paid $600 as an individual or $2,000 family of four for the privilege of not buying obamacare. okay? that's a tax that is immediately gotten rid of by the republicans. no more punishing people because they don't buy what obama thinks you need to buy for health care. >> the point is obamacare was so great, why did seven to eight million people say we're going to pay the mandate tax. there are other nickel and dime things that hit the middle class that the media did not focus on. medical deductions and the like. president obama and the democrats are equal opportunity tax increasers hitting the middle class with, this right, grover? >> when you said it's nickel and dime. ten million americans were hit by obama deciding to make it more difficult to deduct

need surgery that's why they've become with the first anti-coagulant reversal agent that works against fsanhibitors if the doctor gives you too much anti-coagulant, think can give you their compound and put things back to normal. the only other drugs in the class tend to cause strokes or heart attacks. but it's still being reviewed by the fda so we can't say for sure it will be improved but it will serve an incredible unmet need third, they're working on a blood cancer therapy currently in phase two trials. they're studying it as a treatment for various b cell ma lig nancys in patients who have already tried other drugs without success. why has the stock been such a wide trader? in 2015 the company caught fire as it got positive late stage trial results on its anti-coagulant and anti-an anti-anti-coagula anti-anti-coagulant. last year investors got a lot more critical of these particular kind of companies, the development stage, ones that don't make money that's why they were cut in half in 2016. there were some real company specific factors in play, too. they reported very confusing phase

important thing to consider, there is no safety net if one of these providers goes bust, unlike the fsato beef up its presence in the cloud computing sector — where its facing intense competition from the likes of amazon and google. the majority of amazon and google. the majority of cuts are expected to be outside the us. an australian state is going to install the world's largest lithium ion, battery. it's part of a major deal with the electric car firm tesla. it's designed to protect south australia from the kind of energy crisis that resulted in a crippling state—wide blackout. the boss of tesla promised to build it within 100 days, or do it for free. and the luxury handbag maker, mulberry, has set—up a joint venture injapan as it continues expanding into asia. the company has signed a deal with japan's onward global fashion to form the 50:50 joint venture. the company will be called mulberry japan and have its headquarters in tokyo. earlier this year, the company launched mulberry asia, operating in hong kong, china and taiwan. quick look at the markets, as you can see, positive stu