this article notes the fact that george osborne appointed mark carney. he had to really sort of woo him and lure him over. he was based in canada at the time, and it is interesting, because prior to him taking thejob is interesting, because prior to him taking the job as governor of the bank of england the referendum hadn't happened. brexit, the whole thing, he has had quite a job. you might need a sabbatical before going into the imf after all that! yes, and what his family wants to do comes into it as well. george osborne is currently editor of the evening standard, which is a london daily evening paper, a free paper, and the indication was that he perhaps wanted to get back into politics under the new leadership of the conservative government. so it is interesting. many speculating that he would be looking for a new job ina that he would be looking for a new job in a cabinet. yes, and as you say, it is a local uk newspaper, and he is an advisor to blacklock, but he is an advisor to blacklock, but he has been out of the political view. the tory party h

this article notes the fact that george osborne appointed mark carney.

and what would the evening standard do without george osborne? i am sure that they will manage...!one, multiculturalism is not about gaining knowledge of best practices, it is something to feel proud of in the us, so why not have future yogis. that is, he is talking about the 4th yogis. that is, he is talking about the 11th ofjuly. yogis. that is, he is talking about the 4th ofjuly. a nice hanger stea k, the 4th ofjuly. a nice hanger steak, they say. no comment. loads of different things. i was married toa of different things. i was married to a south african, bless him, he used to put loads of gorgeous meat and all sorts on the barbecue. used to put loads of gorgeous meat and all sorts on the barbecuelj used to put loads of gorgeous meat and all sorts on the barbecue. i am married to a vegan, we have all sorts of things. vegetable kebabss and things. we need to invite each other to each other‘s houses. yes, south african cuisine. that is all for another day, we will see very soon, enjoy what you are up to. good morning, something of a north—south split across the uk, fine and sunn

henry, your partnership was established by george osborne, five years ago the northern powerhouse andents around rail were being made. one criticism was that not a lot has happened since, do you take confidence with what borisjohnson has said today? the reality is that andy burnham who was in that audience, along with ben houchen the conservative mayor of the tees valley, those jobs were created because of the northern powerhouse, the idea of sending power back to the northern cities. but in the last three years and theresa may's government, the progress could be described as lacklustre at best. in the first week of his new premiership, borisjohnson has sent a very clear message that he wants a decentralise power, but is also committed to the george osborne legacy. in this building five years ago, we were promised a rail line between leeds and manchester. we now have a commitment on the table, a line through leeds and onto manchester as well as a network across the north, but actually the first step, the manchester part, will be funded — which i think is a good step forward. the cruci

in fact, a lot of the things he will speak about today are the things george osborne spoke about andment would point to the fibre changes have been made, there has been the election of these mayors and statistics suggest 50% of the north is governed by a mayor but what it comes down to is money. when it took about this, it is investment in things that will make a difference day today, namely roads, railways, public services. one of the reasons andy burnham talks about needing power and resources is, at the moment they don't have the ability to raise any money themselves other than by putting up council tax and council tax is a kind of outdated, backwards, unfair attacks. we are already seeing our tax burden going up. mayors don't have any way of raising money for services apart from this so either you need the government to give a substantially more funding where they need to find some way or mayors to raise money themselves. there is only so much that mayors can do. to raise money themselves. there is only so much that mayors can dolj was only so much that mayors can do.” was talkin

and in fact george osborne has today been tweeting about this saying that after what he called three as far as his plan for the northern, you may rememberfive years his plan for the northern, you may remember five years ago he started talking about this idea of the northern. these plans for better rail links in the north, hss, linking liverpool to hull, manchester and leeds, have pretty much been on ice. the theresa may government stymied by brexit, unable to do anything beyond that. george osborne seen today he is delighted that it appears that the boris johnson government is planning to resuscitate those plans, bring them back from certainly stasis, if not necessarily the grave. and alongside that, borisjohnson, necessarily the grave. and alongside that, boris johnson, like necessarily the grave. and alongside that, borisjohnson, like you say, talking about these unglamorous but very important services within towns and cities stop bus links, metal services, and getting those actual good standard as well. recognising that in london, though services are incredibly good, outside of th

the mastermind of the sugar tax would say it has been a success, and george osborne is the execute ofn a success —— executor. it is developing into something more severe, coming after our milkshakes. it is worth remembering with him there has been a moment when he was quite nanny stateish himself. one of the first actions he took was ban alcohol on the tube, to appeal to shall we say a more socially conservative instinct in the party. and it seemed to just be ignored instinct in the party. and it seemed tojust be ignored by instinct in the party. and it seemed to just be ignored by people, instinct in the party. and it seemed tojust be ignored by people, as instinct in the party. and it seemed to just be ignored by people, as we saw diana... i wasjust about to say, a politician fell foul of that. he doesn't want to worry about the rules, ina he doesn't want to worry about the rules, in a sense. he once said in the telegraph that he was pro—... he was happy to wear a bicycle helmet, but happy to be judged for not wearing one, on his own head be it. on that front page, there is a pictur

s0 since george osborne five years or so ago started talking about the northern powerhouse.y through from liverpool to hull. this is the first part of that, some people may be questioning whether it might be the only part of it, whether the plans are being downgraded. we are also expecting alongside this big multi—million pound infrastructure project for him to talk about what he calls more unglamorous services, like bus services around towns, the way you travel within towns and cities in the uk as well as between them. because he says he recognises that outside london, those services have been neglected. they are expensive and unreliable, and infrequent and not up to scratch. so this is the big picture, small picture speech that we are expecting but one which for him is a chance to highlight the things that he hopes to achieve outside of brexit as prime minister. i know this part of the world because i grew up there but for those who don't, why are these transport connections being seen as worth spending several billion pounds on? quite simply because at the moment, the tra

george osborne's successor took a different approach.e experts said not an overly generous one. i think we are seeing the end of austerity, spending beginning to rise. that said, this is not a terribly generous offer, this is the minimum one may have expected after 80 years of really severe pay restraint in the public sector. is this really the end of austerity, chancellor? philip hammond is expected to leave number 11 downing st for the last time next week. but he will also be leaving some big challenges for whoever succeeds him. iain watson, bbc news, westminster. our business correspondent katy austin is here. how significant are these pay rises? public sector workers had previously been subject to a freeze on pay and then long—standing cap of i%. that did end, though, in late 2017 and then long—standing cap of 1%. that did end, though, in late 2017 and we have already seen some announcements of pay rises since, for example, in the nhs or prison officers. this latest package will be welcomed by those who benefit from it, not least bec

george osborne and french politician pierre moskowitz you seem likely contenders.s may have a tough time preserving her legacy at the imf. many businesses have jumped onboard legacy at the imf. many businesses have jumped onboa rd the sustainability movement to shrink their carbon footprint, but some green alternatives can be more costly. in singapore, one microbrewery is teaming up with a local start—up that uses a local insect that is ready to do battle for the environment. monica miller sent this report looking at the future of food. the recipe used to make perfect beer is a mix of science and art. the brew master of one of singapore's the first micro distilleries spends hours mixing mould, hops, yeast and water. —— malt, the result is 500 kilos of spent rain from the brewing process. we had to pay to throw it away. but one person's trash is another person's treasure. about a year ago, a local start—up called insecta said they would take it off their hands defeat a local species. they would take it off their hands defeat a local specieslj they would take it off

replacement and the names mentioned, former bank of england governor mark carney, former uk treasurer george osborne draghi. whoever succeeds might have a tough time preserving her legacy at the imf. michelle fleury. the row over how to tax the tech giants who dominate the modern economy is set to take centre stage in france today. that is where finance ministers from the g7 group of leading economies are meeting, and the key question is whether the us can bridge its difference with france and uk. last week, president macron‘s government became the first in the world to pass a tax on their revenues. the biggest, such as google, amazon, facebook and apple, will have to pay 3% on some of their sales in france if they have global sales of over $840 million. across the channel, the uk also says it is planning to press ahead with a 2% tax on sales from april, but both countries have said they will ditch their tax if an international agreement can be reached. as you can see here, corporation tax rates vary across the g7. the aim of an agreement would be to get more tax out of companies who route their pro

george osborne's successor took a different approach.rts said not an overly generous one. i think we are seeing the end of austerity, spending beginning to rise. that said, this is not a terribly generous offer, this is the minimum one may have expected after eight years of really severe pay restraint in the public sector. is this really the end of austerity, chancellor? philip hammond is expected to leave number 11 downing st for the last time next week. but he will also be leaving some big challenges for whoever succeeds him. iain watson, bbc news, westminster. pauljohnson is the director of the think tank the institute for fiscal studies: good evening to you. there are lots of headlines about pay rises above the rate of inflation, but it is pretty marginal, isn't it? they are a bit above inflation, inflation is running at about 2%, and most of these proposals are somewhat more than about 2%. it is worth saying that that is the minimum that you would expect at the moment. i think the chancellor is right, we are coming towards the end o

george osborne's successof to an end. george osborne's successor take a different approach.say not an overly generally one. spending is beginning to rise, that said it is not a child a generous offer. it is the minimum that one might of expected after eight years of really severe pay rejections in the public sector. is this really the end of austerity because? chancellor? philip hammond as its better to leave number 11 downing st for the next last time next week. he also believing some big challenges for whoever succeeds him. the chancellor philip hammond has refused to rule out supporting a motion of no confidence in a possible borisjohnson government to try to block a no deal brexit. speaking to two european newspapers just days before a new conservative leader is announced, mr hammond promised to do everything in his power to block no—deal. our political correspondentjessica parker is in westminster. tell us more about what mr hammond has been saying. as you say, the outgoing chancellor and a man who has become i would say increasingly outspoken in recent weeks, perhaps y

interesting to see how they define that sajid javid, as a remained supporter so he was one of the george osborne has said many times no deal would be on the table for him in order to get a better deal, but he certainly was not a brexiteers to begin with and i made a list of all the other nine brexiteers in the cabinet, you mentioned amber ride and there is nikki moore again, and they needed trade secretary who was not a brexiteers originality. not hancock and so... sega saying it's not press it to and so... sega saying it's not press ittoa and so... sega saying it's not press it to a government? it's me saying that it's a factual error there. trees and they was a remainder and gently in boxes or international trade secretary was a brexiteers. and johnson as foreign secretary, my point is, she had lots of brexiteers and her cabinet she was a remainder it's. she had a majority and a few of them but it seems like now, there is probably a majority of brexiteers but that's not to say there are no remainders there i thought, that's like saying entries in a cabinet there are no brexiteers at that which

few years ago, as a journalist covering a visit by him and then—chancellor of the exchequer, george osbornehina, particularly trade relations. borisjohnson is now prime minister. he took office just a few days ago. what would you like him to do? do you think he has what the last governor of hong kong, lord chris patten, described as a debt of honour towards hong kong's people? look, it is up to the british government, and of course up to borisjohnson, to decide. what do you think he should do? well, he should stand up to beijing, and he should make it very clear to beijing that, if this is promised, then you have to honour it. nothing more than that. one of the most curious incidents of these weekends of protest occurred on the sunday before last, when dozens of men wearing white t—shirts and carrying bamboo sticks and metal clubs appeared at yuen long train station and began attacking some of the people who had left the protests. do you think there was collusion between those mysterious people and the authorities? we have no direct evidence, but we have all evidence to suggest that there m

george osborne even. i heard that rumour as well.cutive of the world bank at the moment dashed old aryan. a very impressive woman —— bold bulgarian. she might be looking for a newjob. there will be a political exchange, it will be an appointment, it will bea it will be an appointment, it will be a lot of bargaining around the back... in the back doors. g7, let‘s see. it would be very interesting. she might want to move because she‘s been running the world bank since kim departed. she might be looking for a newjob. kim departed. she might be looking for a new job. thanks, kim departed. she might be looking fora newjob. thanks, michaela. we will speak you later in the news briefing in around a0 minutes‘ time. a norwegian pensioner recently sentenced to ia years in russia for espionage has requested a formal pardon from president putin in a case that‘s plunged relations between russia and the west to a new low. accused of gathering information on the russian navy, frode berg pron fredder beg has admitted delivering envelopes for norwegi

we absolutely are honouring the agreement we came to with george osborne and john whittingdale to they things you are not honouring the agreement, you are wrong. this is absolutely crucial that i establish this because we are carrying out what the government said we should do to the t. lord hall said everyone knew that reform of the over 75 licences was likely if not inevitable. tony hall. and that was wednesday in parliament. thank you for watching. i do hope you canjoin me at the same time tomorrow for the latest developments in the bid to stop the uk leaving the eu without a deal. bye for now. hello there. wednesday brought to to 27 degrees across parts of eastern england. we won't see temper just like across parts of eastern england. we won't see temperjust like that across parts of eastern england. we won't see temper just like that for a little while anyway because things have been changing from the west. this band of cloud brought outbreaks of rain from wednesday and behind me, more cloud which is heading away for friday. in between, though, as owner of slightly clearer weather

to be fair, for the last three years george osborne has been in charge of the treasury. the other issue is getting a plan together. the reason hs2 has made so much progress is because when i published the planned ten years ago we fortu nately the planned ten years ago we fortunately got the planned ten years ago we fortu nately got cross— party agreement very rapidly. with these cross— party agreement very rapidly. with these cross—party projects, you've got to establish consensus quite early. there's still no plan for the line between manchester and leeds and issues such as does it go via huddersfield or bradford. i think it should go via bradford, the connectivity between those cities is terrible at the moment. i sorted thoseissues terrible at the moment. i sorted those issues in respect hs2 and they now need to be sorted in respect of the trans—pennine now need to be sorted in respect of the tra ns—pennine route. now need to be sorted in respect of the trans-pennine route. are you suspicious but given borisjohnson has launched a review of hs2 and downing street has sa

the government used to pay for all of this and currently still does, but things will change —— george osbornebbc do been left. people ask why doesn't the bb —— bbc do brilliant programmes anymore? ways in the bbc bidding and winning formula 1 or cricket? the reason why is because we expect the bbc to do everything, that it raises about £39 million a year including bbc worldwide, it can't do everything and if we take away £745 million, then something's got to and i feel very sorry for this old lady, elsie hancock, of course she shouldn't be paying for it. and people on pension credits, i think, they will not have to pay it, but i think without it you've got to pay for it — £150. but i think without it you've got to pay for it - £150. £154. am quite interested in your opinion on the means testing, encompassing the pensions credit. if you are on that, you don't have to pay? but the example of wales, there are 80,000 pensioners who are eligible for pensioners who are eligible for pension credit, they are not claiming it. so they got this double whammy of not getting the pension credit and also ha

we absolutely, absolutely are honouring the agreement we came to with george osborne and john whittingdale things like you are not honouring it, you are wrong. this is absolutely crucial that i establish this because, you know, we are carrying out what the government said we should do, to the t. mps discussed the plight of nazanin zaghari—ratcliffe, the british—iranian woman jailed in iran three years ago. last month, richard ratcliffe went on hunger strike in protest at the continued detention of his wife. he camped outside the iranian embassy in london and was visited by more than 100 mp5, including john bercow. he spoke directly to mr ratcliffe, who was in the commons public gallery. this matter, the iranians need to know, will not go away until mother and daughter, mother... and wife... and husband are reconciled, so that they can live as one. john bercow. what's been happening in the wider world of politics this week? ryan brown has our countdown. at five, a new parliamentary baby meets the speaker as the labour mp tulip siddiq brings her son in to the chamber. at four, a library foun

a few years ago, as a journalist covering a visit by him and the chancellor of the exchequer, george osbornee trade relations with china. borisjohnson is improve trade relations with china. boris johnson is now improve trade relations with china. borisjohnson is now prime minister. he took officejust borisjohnson is now prime minister. he took office just a few days ago. what would you like him to do? do you think he has what the last governor of hong kong, lord chris patten, described as a debt of honour towards hong kong's people? look, it is up to the british government, and of course, up to borisjohnson, to government, and of course, up to boris johnson, to decide. what do you think you should do? well, he should stand up to beijing, and he should stand up to beijing, and he should make it very clear to beijing that, if this is promised, then you have to honour it. nothing more than that. one of the most curious incidence of these weekends of protests occurred on the sunday before last, when dozens of men wearing white t—shirts and carrying bamboo sticks and metal clubs appeared at the y

matt hancock too, former chief of staff with george osborne, also with treasury experience who feelstty early doors banging the drum for boris johnson, there pretty early doors banging the drum for borisjohnson, so there is a whole group of people who could get it. if i had to put money on it i would suggest it will probably go do sajid javid. all right, norman, thank you very much indeed for your thoughts on that. and the inside track. that is the chancellor of the exchequer. for those viewers around the world who might not be au fait with all of that, i'm going to hand you now back to ben. sally, thank you. we'll be right back with sally later. with me now is edwin morgan, interim director general of the institute of directors. welcome to business life. the study looking at the procedural stuff and we get those appointments later and lets look at where we are now in terms of business and the economy. what does business want from mr johnson? there are two things. brexit and business once a deal, that's pretty clear, and on the other hand, the domestic policy areas. i think that's wh

people like matt hancock and george osborne have completely and bizarrely fallen in and become cheerleaders conservative moderates as well. so jeremy hunt, he clearly will not win this. the opinion polls show him at a distinct disadvantage what is his calculation? is he banking on boris not lasting long and he will be the antidote candidate? with this kind of spat now it will be difficult for borisjohnson to of spat now it will be difficult for boris johnson to keep of spat now it will be difficult for borisjohnson to keep him as foreign secretary. so we were discussing this privately earlier, what exactly willjeremy this privately earlier, what exactly will jeremy hunt be this privately earlier, what exactly willjeremy hunt be in a boris johnson cabinet. the daily telegraph, that question about journalists being cynics and what are they after. jeremy hunt says he wa nts are they after. jeremy hunt says he wants number 10. more than brexit. this was the killer line. boris johnson made a big statement on the day that theresa may announced her resignation and boris johnson day that theresa ma

it comes back to reforms under the former chancellor george osborne which was built around making moneyom to spend it. there have been various issues with this. not to say the least around shopping around, do people have the right information about how to do this and who are the best providers to do this? and the times have unearthed a few interesting examples of how this is not working out as maybe the intention was. which is a problem because... these are actual scams, these are not pension schemes that have gone wrong. you are investing in something that doesn't exist and was never going to happen this. when this was introduced in 2015, the then pensions minister steve webb said if people want to they can spend it on a lamborghini. and it was asked if this was the right thing. this is people's life savings, they need to retire on it in the end. and all the structures and regulation in place to make sure that these new freedoms are not abused. so the warnings were there. low and behold we are finding out i'iow low and behold we are finding out now that people are, at the age of 55, dr

george osborne today, the former chancellor, the man who was the architect of this idea of the northerndeas ago launched all of these projects. he this morning said on twitter that after three wasted years that he is pleased that there is now a promise to progress but it is notable that it is five years since they started talking about the northern powerhouse and if you speak to people, whether in business orjust ordinary voters in the north of england, they say the northern powerhouse is broadly irrelevant and has done nothing yet. it is a big question for boris johnson has done nothing yet. it is a big question for borisjohnson whether he can be the person to make things happen in the north of england lots of people saying that does smack of electioneering potentially but another key post brexit question is trade deals and donald trump says the uk and united states are on what he calls a substantial post brexit trading. the president and new prime minister borisjohnson spoke on the phone yesterday. mr trump claimed trade with the us after brexit could be worth up to five times what it

it was in may 2010 that former chancellor george osborne created the office for budget responsibility was there would be somebody independent to make sure the government was sticking to its own goals for cutting the deficit, the amount by which the government outspend its income, and containing the national debt. today it warned public finances would take a hit even if no—deal brexit didn't cause much disruption. it adds around £30 billion per year to government borrowing, and that is largely because you have less growth in the economy which means less income tax receipts, also things like weaker house prices, less property transactions so you have less capital taxes as well. there are some gains in the other direction, to begin with we will be spending less on debt interest and tariff reve nu es less on debt interest and tariff revenues but overall it is a hit to the public finances of around £30 billion per year. under this scenario, the no—deal brexit has only a limited impact and the gdp shrinks by 2% in the next year or so. shrinks by 2% in the next year or so. in that event, the

at the science museum in manchester, directly mirroring that northern powerhouse speech that george osborneng, this is something close to my heart as well, if you endorse me and led me to support now when i need it, iwill deliverthis and led me to support now when i need it, i will deliver this for you. i think he's fully aware of what he has to do to push his agenda through. it is love bombing the labour heartlands as well, all this money being thrown at the trans—pennine line, these neglected towns, and that was where the liberal establishment was, we missed that, we didn't realise the people in the great and washed outside london, we didn't realise that they didn't want to stay in the eu. i think he's being very smart. there is clearly a plan, and everything seems to be linking up. we will talk about sajid javid the new chancellor, priti patel is making noises, it's all about seeing off the brexit party. which has fallen, asjosie has said, rightfully, the tories are surging but who was paying the price, it's the brexit party. it really makes sense, they have to do this to see them off. i

i went to china following george osborne and boris johnson when they were in a joint love in with thet obviously for business reasons. and we had theresa may calling a halt to the power project and now we have huawei and gavin williamson and the controversy huawei and gavin williamson and the c0 ntrove i’sy over huawei and gavin williamson and the controversy over that and now this seems to be a serious dent in that relationship and interesting it should be over a subject like human rights when they have been accusations in recent years the government has been soft paddling on china's human rights record. his very phone from britain, basically saying, look, these protests have been going on for weeks. —— this will not be looked unkindly at all. it reminds me as well that jeremy hunt is acting as a foreign secretary that he is still doing a job, he is still carrying on trying to keep it up while vying for the conservative leadership as appears likely to get it but whoever comes in and be comes foreign secretary afterwards will have to deal with this fallout. it is a very firm sta nce t

nts a sent a very clear message that he wants a decent drive power but is also committed to the george osbornegh leeds and onto manchester as well as a network across the north but actually the first step was a good step forward. the crucial thing is a lot is being made about links between leeds and manchester but you yourself ask the question in the whole bit about other towns and cities like bradford. is this really going to cover everywhere around the north? 0n cover everywhere around the north? on that new, there is a proposalfor a city centre station in bradford. that is what businesses in the north are in favour of. we also have the case to build a new out of manchester, to serve both traffic north and south but also east and west through manchester airport and onto liverpool. which would give access to people in yorkshire where i live to manchester airport more easily which is an equivalent to heathrow, the heater of the north. you could make a very strong economic case for that whole network andi economic case for that whole network and i believe borisjohnson has indicated the most exc

this commitment was made by george osborne five years ago, for his launch of the northern powerhouse people here in the audience who would be forgiven for saying that was five yea rs forgiven for saying that was five years ago, here we are back again, what has changed? what is new? then you announcement seems to be that, whilst there have been words about the northern powerhouse rail project in the past, that, mrjohnson says, he now intends to get things going, to get it moving. he is pledging to fund certainly in the first instance the high—speed line, a new high—speed line between manchester and leeds. he was asked the question you heard in the clip about, in that report, about what about the rest of the north? because there is a view here that the line is vital, but there are other places, sheffield, bradford, huddersfield and liverpool out to the west, that all need to to be part of the same rail project, and mrjohnson said that he intends his commitment to extend to that wider project as well. how did people react here? they think the devil is in the detail. businesses, the cbi,

your former colleague george osborne has called it a very stupid and ill—advised. called it a very stupideaks as a newspaper editor, said that is hardly surprising. but for those of us hardly surprising. but for those of us who have been campaigning very actively, particularly of late for media freedom, as you know, the commons foreign affairs committee is currently launching an enquiry into media freedom, how it links to the uk, but we know the fundamental building block to democracy is a free press and there is no way we would stop the media publishing things like that, even though i may wish they wouldn't. really, this lea ked wish they wouldn't. really, this leaked enquiry is about finding the perpetrator, not trying to stem the publication of private government material. it is very clear, there is one person 01’ material. it is very clear, there is one person or maybe two people who have betrayed the british people here and leaked secret documents and private documents and sensitive documents, and that is whoever lea ked documents, and that is whoever leaked these files. and that is

former chancellor george osborne predicts: we'll have to see if he turns out to be right about that.r. my my goodness, what a mess. when it comes to tomorrow, there will be a big upset if borisjohnson wasn't named as the victor. absolutely. all the conversations around here today are about what boris johnson's government looks like. i spent most of the day in the house of commons. there's an assumption, perhaps an inevitability over there, too boris johnson being united kingdom prime minister. we don't know sure. jeremy hunt's team says anything is possible but the expectation is that it will be mrjohnson. it is hard to think of a prime minister who will come in more vulnerable. you are just saying about the working majority of the government. that is only with the dup on site. with them out of the equation, it is a majority —— minority government. if borisjohnson enters majority —— minority government. if boris johnson enters downing majority —— minority government. if borisjohnson enters downing street on wednesday, he will have a lot of work to do to get anything through parliamen

—— from george osborne.ther you believe them or not because this is part of the bigger ambition to improve railings in the north of england and the north and south and this is between manchester and leeds and one for 85 mile or so section of that which boris johnson has committed to delivering and committed to funding. so who knows what will happen in the months and yea rs what will happen in the months and years ahead that this is a thing downing street would say part of the biggerfocus on downing street would say part of the bigger focus on producing downing street would say part of the biggerfocus on producing economic investment and towns across the uk, not just investment and towns across the uk, notjust in the north of england at that as part of let borisjohnson had to say with this new town find which would go towards transport projects and other things to reinvigorate areas which the prime minister today described as having been left behind and people living in them feeling a certain helplessness abo

it was in may 2010 that former chancellor george osborne created the office for budget responsibilitysomebody independent to make sure the government was sticking to its own goals for cutting the deficit, the amount by which the government outspend its income, and containing the national debt. today it warned public finances would take a hit even if no—deal brexit didn't cause much disruption. it adds around £30 billion per year to government borrowing, and that is largely because you have less growth in the economy, which means less income tax receipts, also things like weaker house prices, less property transactions so you have less capital taxes as well. there are some gains in the other direction, to begin with we will be spending less on debt interest and tariff revenues but overall it is a hit to the public finances of around £30 billion per year. under this scenario, the no—deal brexit has only a limited impact and the gdp shrinks by 2% in the next year or so. in that event, the obr says, it would boost the budget deficit by £30 billion and the national debt would be i2% higher

long—term borisjohnson supporter nadine dorries who you will remember described david cameron and george osborneng the price of milk, will become a minister at the department of health. simon clarke has been appointed a junior treasury minister. and james duddridge become a brexit minister. i think that is the job steve baker turned down last night. britain's thriving science sector would be put at risk by a no—deal brexit. that's the warning from the head of the wellcome trust — the uk's biggest charitable funder of scientific research. the trust spends around a billion pounds a year supporting research — most of it in the uk. katy austin has more. jasimin is a scientist from germany, researching sex chromosomes at the francis crick institute in london. she's not sure whether to stay in the uk, though, because the country's leaving the eu. my feeling is that over the next 10, 20 years, if brexit actually happens, especially if it happens without a deal, which seems likely now, that uk science is on a decline, with regards to, yeah, funding opportunities, positions that are available, attractive

it was in may 2010 that the chancellor george osborne created a budget of responsibility.overnment was not outspending its income irregularly and maintaining national debt. today it warmed that public finances would take a hit evenif public finances would take a hit even if a no—deal brexit does not —— did not cause much disruption. even if a no—deal brexit does not —— did not cause much disruptionm adds about £30 billion per year to borrowing, which is not an insignificant sum of money, that is largely because you have less growth in the economy which means less income tax receipts, things like we can house prices, less property transactions, so less capital taxes as well. you would be spending a little bit less on debt interest and have some tariff revenues at first but overall it is a hit to the public finances of £30 billion per year. under the scenario the obr looked at, the gdp could shrink by 296. in looked at, the gdp could shrink by 2%. in that event, it would boost the budget deficit by £30 billion and the national debt would be 12% higher, about £200 billion mor

george osborne, jeremy corbyn, jeremy hunt and boris johnson all saying osborne, jeremy corbyn, jeremyaying this is not ok. it looks like politicians are on the side of the press in this case. it is encouraging that there has been that reaction, but it is worrying that the police might begin toissue worrying that the police might begin to issue warnings in this nature. so, looking at the paper today there has been a lot of criticism by the met for issuing warnings like this. it is interesting that you say it is not the metropolitan police's role to decide what is in the public interest or not, but why is that decision in the hands of the papers? that's true, and sometimes we have got it wrong. if you have it wrong, we got it wrong. if you have it wrong, we face prosecution in very severe fines, but i think it is a step too farfor fines, but i think it is a step too far for the police to fines, but i think it is a step too farfor the police to be fines, but i think it is a step too far for the police to be taking pre—emptive action, discouraging publication, making newspaper editors loo

helen thomas worked as an adviser to former chancellor george osborne, shejoins us from our westminstereen around in so many public positions, yet we seem to know a little about him? he is excellent at being slippery and chameleon—like, depending what the occasion demands. do you think we're going to find out very quickly what kind of brexiteer he actually is? because the reports were, when he came to the brexit decision, he had a remain letter in his hand at a brexit letter in a science, it is thought that was the best for his political career. is true brexiteer and how quickly will we see that? my company has been doing analysis on all 650 mp5 on a numberof independent doing analysis on all 650 mp5 on a number of independent criteria, and we rank boris as a true, ideological brexiteer. of course, not at the extremes of someone brexiteer. of course, not at the extremes of someone like jacob rees—mogg or steve baker, but he genuinely does mean in that direction. however it is tempered by a sensible pragmatism, and that is going to come in incredibly handy as he seeks to move forward to

course, it was his government, the conservative government, the conservative government with george osbornedon mayor come in to do something similarfor as london mayor come in to do something similar for the products being sold at —— introduced something similarfor being sold at —— introduced something similar for the product being sold at city also people are saying he's changed his mind about this. it is controversial and there isa this. it is controversial and there is a big debate about how you deal with obesity and the accusation is by putting taxes on sugary drinks and the like that you are penalising those on lower incomes, it is the nanny those on lower incomes, it is the na n ny state those on lower incomes, it is the nanny state interfering and people should be able to make their own choices. that seems to be the route that boris johnson choices. that seems to be the route that borisjohnson is going down now, saying he thinks it is ambiguous as to whether these taxes on sugary drinks are working. there are on sugary drinks are working. there a re m oves on sugary drinks are workin

camp of philip hammond against boris johnson. , whot harrison is with us was chief of staff of george osborneuide the tory mps to not game his stake, or will she use this to reflect on her legacy? rupert: both things. the house of commons will give her this last chance to licked on her legacy and we may hear a appeal for compromise and unity because she sees the brexit wing of the party are the ones that have not compromised. the left will have failed to go -- deliver the brexit she negotiated. i think it will be a forgiving atmosphere. thes the prime minister -- opportunity for the prime minister to have their say and leave with dignity. francine: what is boris johnson need to do to make sure he retains the top job? rupert: he has got to deliver brexit. he wants to try and deliver a deal through the house of commons. to do that, he has to get brexit wing on board. we will see a brexit heavy cabinet and this continued commitment to know deal as a possibility. he will do everything he can to avoid an election. he has only got a majority of one or two in the house of commons and if he cannot ge

one of the problems when george osborne froze public sector pay, he was creating a ticking time bombst of living has gone up but their pay hasn't kept pace. it had to be dealt with, but we have to see how it fits across the whole. my committee is repeatedly looking at real challenges in the public sector, whether it is challenging about funding around schools and hospitals but other investments are needed so it needs to be looked at in the round and i don't have that detail yet. but those public sector workers have been struggling for some time because they didn't see their pay go up because they didn't see their pay go up to keep because they didn't see their pay go up because they didn't see their pay go up to keep up with inflation. thank you very much. a look at the business headlines now. landlords are warning a policy to ensure renters no longerface eviciton at short notice, could backfire as lower—income tenants will find it harder to rent homes. new plans outlined by the government aim to give tenants security by stopping "revenge evictions" — when tenants are thrown out for

the education can't, —— department but never hesitated to say what rubbish david cameron and george osborne people, priti patel, there was a story in connection with her, she is home secretary of course as we are getting used to the new titles she was asked about the death penalty, some point. this was a long time ago, i think this was about 2011. i think she has said she doesn't believe it in any more and it is sort of irrelevant in that the government, it would never get a majority for the department of health penalty any way so it will never been an issue it it may be an indication of the kind of tough home secretary that she might be, although of course a lot of the responsibilities for penal policy are now part of thejustice department rather than the home 0ffice. department rather than the home office. talk us through some of the, the timetable, i mean, because there is no time, what is it 98 days as of today until october 31st. 91 i think. 91. the problem is there is is nobody to negotiate with, the new, new president of the european commission, the new team in europe don't come into

this morning, matt hancock used to work for george osborne, so he was part of the brain is behind austeritythe country together. this need to unite the conservative party and then the country, which i believe we can do once brexit is delivered, that is absolutely central to what we need to achieve. and i am part of a party that has a broad range of views and always had and part of being able to deliver when you are in government, when you are in politics, is about uniting people who may have, now have a range views and boris' ability to bring people behind him from different parts of the party is a great strength. asi as i said, mr hunt has his own spending spree under way but his is focused on trying to mitigate against the sort of impact against no deal, which is why he has floated this idea of help for the farming and fishing community, to try and offset the possibility of tariffs being imposed by the eu. it is all about trying to say to those tory party members, who are the electorate here, borisjohnson may be fine with the big picture, but our man has got the detailed plan to actually

director—general probably regrets that he allowed himself to be manoeuvred by the then chancellor, george osbornethe tv licence news? or will people separate the two issues? ican will people separate the two issues? i can anticipate that tomorrow's newspapers, those who are not too fond of the bbc, will be bashing heavily. i have just fond of the bbc, will be bashing heavily. i havejust come fond of the bbc, will be bashing heavily. i have just come from a commercial radio station where there was a phone in programme where there was a phone in programme where there was certainly a backlash from listeners. especially listeners quoting the contrast between the pay figures and the over 75 is issue. although i have a hunch that made not happen in the way it is currently conceived. there will be some sort of compromise between government and the bbc. i do not know what that compromise will be, but i do not think the current projection for next year and the means testing system there will be as it is now. i think there will be some modification to it, or it may be scrapped totally that begs the questio

we absolutely are honouring the agreement we came to with george osborne and john whittingdale to theout what the government said we should do to the t. to answer your point about the concessions package. cpi, as i explained earlier, given the amount of inflation there is in media, given the fact it wasn't carried out over the entirety of our budget... in cash terms, what has it meant? the issue is that it's not keeping up the issue is that it's not keeping up with our costs. the iplayer loophole, which are estimated somewhere around 150 million, the government did not feel that in quite as we wanted, the only date from the point of view of the bbc usage of the iplayer. this meant that was actually short by the tune of 45 million, not the 150 million you are estimating to me. in all sorts of ways, we brought in less from these reforms than we thought. and that's life, it looked like we would do fine out of it, but it's not turned out that way. so can you get back to the committee with a figure of what, in actual terms, you feel the benefits of this concessions you won were? that's why