earlier this year it was announced that lloyds bank wanted to diversify and become a landlord.at also something to consider. you said that we need good quality homes. what is a good quality home, and why aren't we getting those now? well, there are lots of questions about this. the new homes quality board has been established to ensure that new homes being built are up to scratch. we have had a lot of problems with new builds over recent years, which include, but are by no means limited to, problems with cladding in the building safety scandal that has emerged in the wake of grenfell. there are also issues with new build developments where people have leaks, where plaster falls off, all you have to do is look on facebook to see people complaining about some of the biggest developers, so i think what we need is homes that, quite simply, don't fall apart, but also, at a basic level, are not flammable and are safe to live in and also, you know, in this country, we have some of the smallest homes in europe. we are throwing homes up that are really quite tiny, so these flats would a

earlier this year, it was announced that lloyds bank wanted to diversify and become a landlord.and is a guaranteed income, so that is also something you could consider. you said we need _ something you could consider. you said we need good quality homes — what is a good quality home and why aren't we getting those now? there aren't we getting those now? there are lots of questions _ aren't we getting those now? there are lots of questions about - aren't we getting those now? there are lots of questions about this. - are lots of questions about this. the new homes quality board has been established to ensure that new homes being built are up to scratch. we had a lot of problems with new—build s over recent years, including but ijy s over recent years, including but by no means limited to problems with cladding and the safety scandal that has emerged in the wake of grenfell. there are also new developments where people have leaks, where plaster falls off. you just have to look on facebook to see people complaining about some of the biggest developers. i think what we need is homes

earlier this year it was announced that lloyds bank wanted to diversify and become a landlord.ome, it is something to consider. you guaranteed income, it is something to consider-— to consider. you said we need good auali to consider. you said we need good quality homes. _ to consider. you said we need good quality homes, what _ to consider. you said we need good quality homes, what is _ to consider. you said we need good quality homes, what is that - to consider. you said we need good quality homes, what is that and i to consider. you said we need good| quality homes, what is that and why aren't we getting them now? there aren't we getting them now? there are lots of questions _ aren't we getting them now? there are lots of questions about - aren't we getting them now? there are lots of questions about this. i are lots of questions about this. the new homes quality board has been established to ensure new homes being built abra to scratch. we have had a lot of problems with new—builds over recent years, including but not limited to cutting and building safety scandal that has

is this the one supposedly from lloyds bank, it says a payment was i lloyds bank, it says a payment wasuse the golden rule of, use these types of messages from banks or shops as notifications, don't click on anything, use it as a call to action for you to log into your internet bank to check whether this is legitimate. i internet bank to check whether this is legitimate-— internet bank to check whether this is legitimate. i get ones supposedly from... is legitimate. i get ones supposedly from- -- i'm — is legitimate. i get ones supposedly from... i'm not _ is legitimate. i get ones supposedly from... i'm not even _ is legitimate. i get ones supposedly from... i'm not even going - is legitimate. i get ones supposedly from... i'm not even going to - is legitimate. i get ones supposedly from... i'm not even going to say i from... i'm not even going to say who, a telephone provider and i have phoned them up often going, have you been sending me e—mails and text messages? no, we haven't. you been sending me e-mails and text messages? no, we haven't. you have done the right — messages? no, we

america, a near blemish what is otherwise a stellar quarter, otherwise for bank of america and other financial players. luke lloydroschelle, as a sector, how do you like the big money guys? >> i liked them for a long time. if interest rates do in fact go up, that is good for the banks historically so we've got that going for us if we do see interest rates start going up. but right now the m&a business, mergers and acquisitions is booming. initial public offerings are booming. their equity trading business is on fire. so i think that they're firing on most of their cylinders. many of them are actually getting their employees back to the office which is a good thing which will hopefully boost profits if people start collaborating together. i am bullish and remain bullish on the sector. neil: i just wonder what the personnel skills are like, luke. when you hear the ceos like goldman or jpmorgan chase, you will come back to the office, no ifs, buts about it. mitch alluded to it. it is important we all get together to be miserable together. >> that's right. neil: what do you make of where they stand on the great post-

lloyd austin. north korea's economy has had its steepest decline in more than 20 years due to harsh covert restrictions and you and sanctions. that is according to an assessment from south korea's central bank says it contracted by 4.5% in 2020 two levels of poverty not seen since north korea suffered a famine in the 1990's. north korea was the first country to close its borders to china in january 2020 following the coronavirus outbreak. china is also its biggest trading partner. the senior director at the korea economic institute joins me now. thank you for making time to talk to us. tell us a little bit how significant this decline actually is and why? >> i think the bank of korea's assessment of 4.5% is probably on the conservative side. we have seen trade between chi and north korea has dropped about 80%. china is its largest trading partner. we have also seen domestic restrictions put in place, similar to other countries. market stalls have been restricted to hours. likely to see more decline in the economy retracting because of covid. this is probably much closer to maybe 7.5%, 10%, which fitch estimated. >> so, it could be a lot worse than we think. what is trade wi china looking li

i will show you the big banks on the screen, we call it financials, luke lloyd is going to be with men talking about which is an absolute blowout quarter for profits? is this the start of it? >> q22020, earnings growth year over year, we will see a blowout quarter, and 70% earnings growth, after q2 earnings, earnings growth is going to slow, valuations want to compress. all through 2020 we saw the rise so we need earnings to justify these high valuations. after the bank numbers, stock market wants big earnings to move higher not just to come into above expectations, >> and the big earnings miss. the highs where they were. >> cryptos, 42% in june, is that because the price decline, 62 to 32,000, what do you think? >> it is a little bit of loss of interest, bitcoin feels like the momentum and hype is faded. what bitcoin needs is a new catalyst, major company accepting bitcoin like amazon. if that happens bitcoin would double in a day. some sort of regulation is around the corner, dollar cost averaging in it these prices extend a portion of your portfolio. it is important for buyers of b

lloyd austin. north korea's economy has had its steepest decline in more than 20 years, due to harsh covid restrictions and un sanctions. that's according to an assessment from south korea's central bankcontracted by 4.5% in 2020 to levels of poverty not seen since north korea suffered a famine in the 1990s. north korea was the first country to close its borders to china in january 2020 following the coronavirus outbreak, but china is also its biggest trading partner. troy stangarone is a senior director at the korea economic institute in washington and joins me now. thank you very much for making time to talk to us. just tell us a little bit about how significant this decline actually is and why. i think the bank of _ decline actually is and why. i think the bank of korea's _ decline actually is and why. i think the bank of korea's estimate, - the bank of korea's estimate, 4.5%, is probably on the very conservative side. we have seen that trade between china and north korea has dropped about 80% and china is primarily its largest trading partner. we've also seen domestic restrictions put in place, similar to other countries, market stalls restricted to ours. likely see much more decl

bank loans, real freight, and electricity output. signs that the pace of china growth is slowing down, haidi. shery: -- haidi: su keenan with the first one headlines. su: lloydn agreed to reassure asean members that washington is committed to engaging in the region even as he stands up to what he calls china's aggression. he says the u.s. will work with partners to deter conflict including chinese maritime claims in regional waters he highlighted concerns about taiwan and uyghurs in xinjiang. bloomberg learned that china is considering imposing more tariffs on steel exports. this as it tries to cap domestic production and subdue surging prices stoking inflation concerns area we are told that rates range from 10% to 25% and include tariffs on some products not covered by an earlier round. sources say officials want to implement the levies in the third quarter although they are still subject to final approval. president joe biden met with the leading democratic negotiator in infrastructure talks as attempt to crack the bipartisan deal hit multiple snacks. senate negotiators missed another key deadline as differences remain on both sides including how much unsp