george osborne has been saying leave mps will not write it down because it's too frightening to see writtenill look like. ple nty down what leave will look like. plenty has been written down about wto rules. i would rather you talk to me about what's in the ft. deutsche bank shifts half of its two from london to frankfurt. what is euro clearing? if two parties have done a deal in euros, they need an intermediary to settle it and a lot of that is done in london but which bank will shift half of that frankfurt. and that's bad? i think it's inevitable because the ecb have done a power grab because they said london is not in the euro so they should not have euro clearing, and the ecj found in favour of george osborne at the time that i suspected that when it got to brexit and be worked out of the eu, a lot of that would go. the ft admits that only a few hundred jobs are directly linked. even the ft cannot exaggerate that. city status with derivatives is under threat, it suggests degradation of the importance of the city. having these conversations they talk about job losses in london but the nu

he said the old speaking or speaking did you i suppose he didn't have any consciousness about george osborne are you mentioned obviously the writer of look back in anger and one of one of the twentieth century's great playwrights he says the financial people involved in the film were already going. you need a much bigger star than well you know who they wanted audrey hepburn and tony was adamant i mean it's obvious the next film to be a switch what an amazing actress and beautiful woman but you know tony and john were adamant that it should be an unknown and they wanted it to be me because brad was a very lucky there's a different he's was released that year yeah that's a year so what did he i mean it's difficult to remember now but the mainstream media press predictably at the time they compared your walk to marilyn monroe but not in a good way and it was it all very snidely you know i'm married i think nowadays people could see what was said but i really don't read that that's their opinion and i knew i was a different looking kind of actress to a lot of actresses who had done roles need r

near the start of austerity in 2012, george osborne, david cameron's chancellor, imposed a 1% cap onor pgy- imposed a 1% cap on public sector pay. i don't think it was intended at the time to last as long as it has but the longer it has gone on, the disquiet among public sector workers understandably has built up and the political pressure on the government has accordingly increased. finally the dam has broken and we've seen this with other... the police and teachers have had slightly more than 1% but now, according to steve in the sun, it's going to be squaddies, doctors, prison officers who will get tween 196 prison officers who will get tween 1% and 3.5% —— the sun —— get between. i wonder where the money is coming from. philip hammond, the chancellor, famously told the cabinet when the prime minister announced £20 billion extra for the nhs, he told the cabinet that's it, there is no more money for anything else. that caused the mod defence secretary to kick off and an more money. i wonder how this will be funded. 1 million public sector workers, that's a lot of money. i'm not say

america and if are we to be the northernmost part of that strip well abscessed the enough stephen george osborne wrote the sport to stop ian masterpiece in scotland so you may be on to something there and finally this week from matt who is talking about the national security capability of unis worried that the increase funding for the world service is basically a state funded propaganda channel using this state and capitalism to push their agenda the exclusion of all others actually but it was you read a tweet that gave us inspiration to do this program on soft power that's absolutely true that one person's propaganda is another pastor's information but we're trying to deploy in this program much of these organizations including for that matter the b.b.c. world service seem to point to a better way to conduct international were relations and then hard but i think a soft power is fundamentally superior to. the concept of soft power where it's defined as a persuasive approach to international. actions typically involving the use of economic or cultural influence in the u.k. and is applied to many

he said the old speaking or speaking did you i suppose he didn't have any consciousness about george osborne are you mentioned obviously the writer of look back in anger and one of the twentieth century's great playwrights he says the financial people involved in the film were already going. you need a much bigger star than well you know who they wanted audrey hepburn and tony was adamant i mean it's obvious and bill clinton b.s. but what an amazing actress and beautiful woman but you know tony and john were adamant that it should be an unknown and they wanted it to be me because brad was very lucky because if these was released that year yeah that's a year so what did he i mean it's difficult to remember now but the mainstream media press predictably at the time they compared your walk to marilyn monroe but not in a good way and it was it all very snidely you know i'm married i think nowadays people could see what was said but i really don't read that that's their opinion and i knew i was a different looking kind of actress to a lot of actresses who had done roles need roles in films did yo

george osbeen o-- osborne and alastair campbell. the prime minister of canada was a deceiving guy who one of hid aides said there's a special place in hell for. he can't seem to get -- he's so excited to meet putin just as he was to meet kim jong-un. does all this matter? it does feel like he really doesn't particularly care for the western alliance. >> it does matter. it makes the u.s. less reliable partner for western countries like my own. of course, the atmosphere drives the media agenda. all of us which points to western unity. there's some bigger trends happening behind that. there are new rising powers like china and more resurgent russia. the one thing i'd say is trump not doing anything to counter those thoughts is he is accelerating. >> alstair, you look at this. this is the kind of thing that you worry a lot about. he really wants these meetings. he likes -- it's almost like he wants to create his own alternative to the g7. >> i think he's jealous of putin because i think he does believe in the strong man view of leadersh

he said the old speaking or speaking did you i suppose he didn't have any consciousness about george osborne or you mentioned obviously the writer of look back in anger and one of one of the twentieth century's great playwrights he says the financial people involved in the film were already going. you need a much bigger star than well you know who they wanted audrey hepburn and tony was adamant i mean it's always been and still going to be a switch what an amazing actress and beautiful woman but you know tony and john were adamant that it should be an unknown and they wanted it to be me because brad was very lucky because a different his was released that year yeah that's a year so what did he i mean it's difficult to remember now but the mainstream media press predictably at the time they compared your walk to marilyn monroe but not in a good way and it was it all very snidely you know i'm married i think nowadays people could see what was said but i really don't read that that's their opinion and i knew i was a different looking kind of actress to a lot of actresses who had done roles need

leave campaign in the bracks referendum led to the departure of david cameron and the chancellor george osborne his key ally may gave senior roles the leading breaks a campaigner is making johnson foreign secretary and putting davis in charge of the new department for exiting the e.u. for those to go in the maze cabinet is likely to be more supportive of a plan for a softer breck's it but a challenge to our leadership is much more likely barnaby phillips takes a look back at the colorful political career of boris johnson. even his enemies in these days there are many would concede that boris as everyone knows him is unique for years he defied the laws of political gravity playing the clown didn't hurt him it helped him to win election then reelection his mare of london a conservative in a labor city many said a future prime minister. but then this will be advocating that leave. surprise many colleagues by campaigning to leave the e.u. the arguably did more than anyone to ensure a victory for. the battle for bricks it was ugly it left scars many cannot forgive boris johnson for using a full stat

george osborne, the former british finance minister said to me when david cameron and i plotted foreignicy we knew america had our back. he said today every european leader is wondering where is america? do we know where it stands? and that sense of uncertainty about america's commitments, is infecting the entire realm of international relations around the world and that means you have not an optics problem or communication problem, you have a central problem with the american-built international order that was created after 1945 because that was built on american power but crucially on american credibility. words mattered because you don't want to have to keep going to war to prove that you are actually going to deliver. people need to trust you. and i think that trust has been shattered. you have a situation where senior republican senators like john mccain, the former nominee of the party, says this was one of the most disgraceful performances by an american president ever. now that kind of thing can't be put back in the bottle. >> and this was not a slip of the tongue. the president

so what george osborne, the former finance minister of britain, david cameron's right-hand man said took, in the past, whatever our disagreements, we always knew at the end of the day, the u.s. believed in the transatlantic alliance. we believed in it. they had our back. the united states had our back. we have no such surety with the trump administration, and it's not just britain. everyone has that feeling. and it comes from a place where i think most people doubt that president trump really understands the value of the western alliance that has built a stable, prosperous and free world since 1945. and somebody really should give him a history lesson and remind him what the world looked like for 75 years before 1945. two world war, multiple european wars, a couple of great depressions. not a great place to return. to. >> very important few weeks ahead. fareed zakaria, thank you so much. appreciate it. >>> new reporting tonight that the embattled epa secretary or administrator scott pruitt wanted the president to fire jeff sessions and make him attorney general instead. really. at the

live campaign in the bronx referendum led to the parcher of david cameron and the chancellor george osborne his key ally they gave senior roles the leading breaks of campaigners. foreign secretary and putting davis in charge of the new department for exiting the e.u. with those who go in the maze cabinet is likely to be more supportive of her plan for a softer breck said but a challenge to her leadership is also much more likely barnaby phillips takes a look back now at the colorful political career of boris johnson. even his enemies in these days the rim any would concede that boris as everyone knows him is unique for years he defied the laws of political gravity playing the clown didn't hurt him it helped him to win election then reelection his mare of london a conservative in a labor city many said a future prime minister. but then this would be advocating but leave. surprised many colleagues by campaigning to leave the e.u. arguably did more than anyone to ensure a victory for. the battle for bricks it was ugly it left scars many cannot forgive boris johnson for using a full statistics

just imagine s george osborne and david cameron has supported at how many more would have done so.his decision to the british people. where the house of commons to find itself in a position where we were not accepting it or were determined to do that it so much it is unrecognisable as a vote to take back our self—government, it would be like saying next general election, jeremy corbyn is elected but business don't like him and the civil service don't like and so we will not him —— will not have him as prime minister. you cannot do that ina prime minister. you cannot do that in a democracy. the vote has to be respected and the prime minister made that clear in her remarks this evening. thank you very much. further to what he was saying, we have had our statement from the solicitor general that a question of leadership has been put to bed. if you had said that, earlier today i would have it in your hand off. so perhaps at the moment she has seen off the challenge. perhaps it is a case of what happens next. most senior officials in brussels have refused to comment, conscience this is

we are talking about space, the previous chancellor, george osborne said he wa nted chancellor, georgea part of the farnborough air show. it isa part of the farnborough air show. it is a fast—growing industry. the thing that holds us back as the cost of launching satellites. today's announcement is of launching satellites. today's announcement is one of launching satellites. today's announcement is one of the important first steps in making satellite launches and accessing space more cost—effective so we are looking, if you like, at a period similar to the dawn of the jet age when a travel went from something that was only for the elite and very expensive to something that was ( providing that is what the next 10— 20 years will be about. the democratisation of space and bring it closer to hand. back to the thorny issue of brexit, will that dominate much of the discussions here this week? is the uncertainty? what are people saying to you? where are we with those brexit negotiations? the publication of the white paper last week will have brought a great deal of reassurance to the industr

he was the chief of staff of the george osborne for many years.ming up in about an hour from now. that is 6:30 a.m. new york. this is bloomberg. ♪ taylor: let's get the bloomberg business flash. it's a shakeup at the largest revenues broker. they fired their ceo and warned returns will be lower than expected. shares dropped 30%. increased expenses would push earnings per share below the bottom end of expectations. it didn't take long for investors to change their mind on xiaomi. shares of the chinese automaker rose by double digits. the index later this month. china's insurer is considering a divestment. bloomberg has found that they are exploring the sale of the belgium insurer. they shot to fame by acquiring assets around the world. china sees the company in february to curb risk. that is your bloomberg business flash. francine? tom? tom: thank you so much. we are here at westminster abbey. you may hear the bells in the background. this is an emotional day for the united kingdom. huge thinghis is a at 1:00 london time. there will be 100 aircraft

what we need to learn from the lack of referendum planning, george osborne was asked for contingency'm a backbench opposition mp, i feel strongly that it is the responsibility of the government to have a contingency plan to keep the option of people's vote open. what should trigger that? if we crashed out, is that the moment you think there should be a vote? it's not just about no deal, it's whether theresa may comes back with a bad deal. the chequers deal cannot command the authority of the house of commons. the eu 27 are ready to negotiate but we are still lacking a clear uk negotiating position that can't command the support of majority. we have said there is a majority. we have said there is a majority of mps who are willing to put the national interest first, willing to accept the referendum result and get the best deal possible to protect jobs result and get the best deal possible to protectjobs and livelihoods but the government have squandered two years, and all the promises in that referendum cannot be delivered and voters should be worried about what this means for oui’ wor