and check out the markets, lloyds banking group has posted its best profits for ten years — their sharerice rocketing on the ftse. we'll be looking at the figures. we continue our disability works series by meeting the boss of the tech company where all the consultants are on the autism spectrum. what am i thinking right now? and what's the most selfish thing that you've ever done? a new report on the toughestjob interview questions is out and we want to know what's the most surprising thing you've ever been asked in an interview? use #bbcbizlive. welcome to the programme. now, profits have slumped at

and check out the markets, lloyds banking group has posted its best profits for ten years — their sharece rocketing on the ftse. we'll be looking at the figures. we continue our disability works series by meeting the boss of the tech company where all the consultants are on the autism spectrum. what am i thinking right now? and what's the most selfish thing that you've ever done? a new report on the toughestjob interview questions is out and we want to know what's the most surprising thing you've ever been asked in an interview? use #bbcbizlive. welcome to the programme. now, profits have slumped at aerospace group airbus during 2016. the aircraft manufacturer has reported a 63% fall in net income to 995 million euros. but that was after a one billion euro charge over its aaoom military transport plane. it has been a tumultuous year for the company. it has been forced to accelerate last minute plane deliveries in order to meet key targets. there has also been a slowdown in demand forjets. it has been forced to cut production of the prestige a380 superjumbo. and the aaoom military transp

former tory mp sirjames paice says lloyds banking group, which now owns hbos, told him there'd been notion they found, this is correct, they found no evidence that he had benefited from his association. that's a pretty definitive statement that was clearly a nd pretty definitive statement that was clearly and utterly wrong. so either their internal investigation was a shambles and failed, or they were lying. i've uncovered evidence that the bank misled the police. thames valley police got in touch with the bank in march, 2008, to ask if accou nts bank in march, 2008, to ask if accounts managed by lyndon schofield we re accounts managed by lyndon schofield were under any sort of formal investigation. it took five weeks for the bank to come back and say, i cannot offer any information that would support or substantiate any allegations of wrongdoing. but we found out that by that point they'd done at least three internal reports into the lending. lloyds told that couldn't interpret statements made nearly a decade ago because it couldn't know the context, but today, the victims were still

lloyds banking group has reported its highest annual profit in a decade, helped by a reduction in paymentrovisions. pre—tax profits increased to £4.24 billion, a level last seen in 2006 before the financial crisis. the uk government's stake in lloyds has now fallen below 5% and it has said it wants to return the bank to full private ownership this year. the cost of essential repairs to school buildings in england has reached almost £7 billion, according to the national audit office. in a report published today, it warns that figure could double by 2020. it also says that ministers' plans to create 500 new free schools adds up to a bill of £2.5 billion simply to purchase the land needed to build them. the white house has issued new guidelines designed to multiply the deportation of illegal immigrants from the united states. officials have been told to enforce existing laws more strictly, and more quickly, and to target undocumented people arrested for minor offences such as shoplifting or traffic violations. president trump's spokesman, sean spicer, said the new rules would make immigratio

lloyds banking group will review all business customers affected by criminal activities linked to twoto pay compensation to victims of the fraud which saw money siphoned off from struggling businesses. four million customers on prepayment energy meters should save around £80 a year after a price cap was announced by regulator ofgem. the temporary cap starts in april and will be updated every six months. its expected to stay until 2020 when smart meters will be rolled out. bp has reported an annual loss of £808m for 2016, although an increase in the oil price helped it enjoy an improvement in the last three months of the year. a barrel was priced at less than $28 injanuary 2016 — but today it's around $56. the energy regulator, ofgem, has announced details of a price cap for 4 million households using pre—payment meters for their gas or electricity. it'll kick in from april — ofgem chief executive dermot nolan says the cap could save vulnerable customers up to £80 a year. this gives prepayment customers a strong level of protection. no price cap is perfect, but it was suggested that on

hasa: lloyds banking group a fourth quarter profit even as it faced more than 700 million pounds of content and restructuring charges. in's largest mortgage lender said pretax profit was 373 million pounds, compared to a loss a year earlier. did. analyst estimates for 1.30 8 billion pounds. lloyd boosted its dividend. rwe has booked impairments of four point 3 billion euros of to its european power plant, and said earnings would be curtailed significantly. the write-downs were a result of german power prices at plants. the utility also said it will pay 6.8 billion euros as part of nuclearonsibility for waste disposal to the nuclear energy fund by july. buyer off has risen 14%, beating analyst estimates. including some costs, and it rose to 2.7 billion euros, thank you demand for prescription medicine as the company works to secure approval for a $66 billion takeover of agriculture giant monsanto. the bayer ceo joins us here on the program at 11:30 u.k. time. facebook wants to stream major league baseball it is the latest sign that her personal sports teams are embracing social media as a wa

mps are urging the owner of hbos, lloyds banking group, to pay compensation to victims of fraud facilitated bank will review its handling of the fraud and publish its findings. let's talk more about this technology companies voicing their opposition to president's trump's executive order on immigration. 97 companies in total have filed a joint legal brief arguing against the us president's travel ban. apple, facebook, microsoft and twitter are amongst them. joining me now from the floor of the new york stock exchange is our north america business correspondent michelle fleury. it is really quite unprecedented to have such a coordinated response in this way, with all the silicon valley big companies. that was the thing that struck me. you have a group of companies that don't always see eye to eye, are often rivals, and suddenly, more than 90 of them all come together to file this legal document, basically talking about the harm that they filled the executive order on in immigration will do to their business. it is worth remembering they hire a lot of foreign workers and import, —— in part, t

the only one that has not risen since brexit is lloyds banking group. so much happening in europe, a lot happening here to bank. this -- too. we really are waiting on more details from the trump administration about things that will affect the financial markets, but that is not to say that things are not moving. the dollar index is resuming its longer-term strengthening, and i picks -- i picked the dxy because the yen and euro have a bigger stake. not so much the ruble. stronger oil prices, 54.40 for wti, up 2%. a similar pattern with brent. 2.42%, aear yield little bit of buying in treasuries. let's go to my terminal. emerging markets for a change, because you look at euros. have a look at what is going on in the more emerging of the market. in equity markets, eastern european companies -- countries are doing very well. south korea is higher. this is an interesting story to watch and we will have a closer look in the next several days. , upbonds of china as well 5.6 basis points for the 10 year. abigail doolittle has a deeper look at retail stocks in th

lloyd banking group, the european commission considering allowing rbs to keep them and set aside more to enhance competition. this is a wonderful chart, brexit.at hbc since analysts will be buying more buybacks. particularly in emerging markets like china, we are from allen higgins earlier and we heard from michael moore, our finance editor, telling us when it comes to hsbc buybacks and the outlook on china, it does feel like it has been competitive in the u.s. bank of america. sterling would probably be a where on hsbc stock. let's check in on the bloomberg first word news with taylor riggs in new york. in france, authorities have rated the headquarters of marine le pen as part of an investigation into whether she fake jobsge -- aids with the european parliament. she has denied the allegation. some associates of president trump are pushing their own peace plan for russia and the ukraine. that includes the president's personal lawyer to ukrainian lawmaker and someone who helped the president scout business deals in russia. some say it is a outline for a plan to lift sanctions against

. >>> shares in lloyds banking group getting a boost after profit hit a ten-year high in 2016. lloyds reported pretax profit of 4.2 billion pounds, about three times what it reported the same period last year. the bank's cfo said the uk government is likely to fully exit its stake in the bank in may. joining me no is mcshill mcgrade from cio direct investing. welcome. the market seems to like the lloyds numbers, it's at the top of the ftse. what did you make of the record card today? >> the record that came out today was as expected. so, i'm quite surprised that the share price has risen. what's been happening in the past with lloyds shares is that investors have been looking at it through the rearview mirror and worried about their compensation payments, et cetera, rather than thinking about what are the prospects going forward. >> what are the prospects? the bank has been talking today about bank asset quality remaining strong with no deterioration into the underlying portfolio. will there be a sound book going on with the brexit, the interest rate potential? does the outlook

for example, lloyds banking group is going to the process of losing 12,000 jobs.hey are three quarters of the way through that. whether that includes more job cuts is a question to look at get him to than most are doing banking online these days. consumer banks don't need as many people at call centers and branches. on the investment banking side it, we see barclays. they have made heavy job cuts in asia as they focus on the u.k.. we have our european rivals. credit suisse and deutsche bank are cutting jobs here in london. the outlook for investment bankers in the city is still very much uncertainty. usk: thank you for bringing the story. it's a great story. vonnie? vonnie: great stuff there mark and richard. thanks for that. marine le pen says branch -- france should leave the eu. that would be suicide. we will hear more of his thoughts next. ♪ this is bloomberg. mark: live from london, this is the european close on bloomberg markets. we have just under seven minutes until the end of the monday session. vonnie: it is time now for our latest is this flash. to buy

. >>> shares in lloyds banking group getting a boost after profit hit a ten-year high in 2016. >> newmontine iing missed its forecast. first solar seeing its sales coming in above expectations. it's down, though, 2.3%. shares of texas road house getting slammed after the company missed q4 estimates. same-store sales coming up short and the stock is down 10.5%. >>> corporate news, vice media has reportedly hired banks to help fund and produce scripted programming. bloomberg says the process is in early stages but the company plans to distribute shows in more than 80 countries by the end of this year. vice already produces unscripted programs. disney and 21st century fox own stakes in vice. at the time of the last investment vice was valued at $4 billion. >>> still to come, the top stories out of washington including the trump administration's plans for enforcing immigration laws. >> but first the weather headlines from jackie jeras. >> a nice day from the mid-atlantic to the northeast. mild temperatures and staying on the dry side. all the wet weather focused down here across the southeast

lloyds banking group will review all business customers affected by criminal activities linked to twosiphoned off from struggling businesses. bp has reported an annual loss of £808 million for 2016, although an increase in the oil price helped it enjoy an improvement in the last three months of the year. a barrel was priced at less than $28 injanuary 2016 — but today it's around $56. the number of workers without guaranteed hours or basic employment rights has soared by more than 660,000 in the past five years. that is according to the tuc. care home workers and waiters are vulnerable. joining me now is frances o'grady, general secretary of the tuc. is it not just is it notjust a case of people wa nted is it notjust a case of people wanted to choose jobs with greater flexibility, and so therefore they are opting for insecure jobs by choice? flexibility is a great thing if it is a two—way street. but it can't just be about if it is a two—way street. but it can'tjust be about working according to the terms of the bosses. insecurity is a massive problem now for millions of people in brit

mps are urging the owner of hbos, lloyds banking group, to pay compensation to victims of fraud facilitatedore cars than ever before, but several major trade bodies say that 2017 will see a contraction in the market. last month was the best january five 12 years in terms of car sales with 174,000 cars sold. the industry ‘s trade body says 2017 will see a contraction in the market. a new survey out today has spoken to car dealers showing dealerships are optimistic about the year ahead. joining me now is the close brothers motor finance's director of strategy, chris bosworth. is this just is thisjust a is this just a case of sales men being optimistic about the year ahead? i don't think so. i think there's a variety of factors at play. the trade body have focused mostly play. the trade body have focused m ostly o n play. the trade body have focused mostly on new car sales whereas the dealers have got the balance between new cars and used cars as well. we saw in the last nine months of last year, a move towards the used car pa rt year, a move towards the used car part of the market which is th

shares in lloyds banking group jumped to their highest after the lender posted a surprise jump.der posted a profit of $2.2 billion, topping expectations. it expects lending margins to hold up above two .7% despite u.k. interest-rate that record lows. 2.7% despite u.k. interest rates at record lows. the big new energy financing investors installed 3.8 gigawatts of turbines in the u.s. last year. market share topping ge's 40%. ge had been a dominant supplier in the market since it entered. haidi: a slump in the ringgit plunging.rofit net income fell in the fourth quarter as malaysians currency hit levels not seen since the asian financial crisis. the low cost carrier warned a keylity remained concern. a large portion of its borrowings and operating costs are denominated in u.s. dollars. rishaad: joining us now from -- islumpur is been islam ben ismail. related to the currency. it is down to the oil prices as well, to some extent. benyamin: nice talking to you. yeah, i mean, in terms of the currency, we are coming into a year where currencies will be slightly higher. few i think we

taylor: jpmorgan has won .pproval to write for the first time since the financial crisis, lloyds banking group than royal bank of scotland. it underscores the differences in performance between the two of the u.k.'s bailed out banks. lloyd is paying dividends. british companies are seeing their profits squeeze because of the following the pound. sterling to the group, drop is having a negative impact on domestic sales margins of all must have the businesses surveyed. the report on exports is next. that's your brew -- your bloomberg business flash francine:. -- business flash. francine: thanks. ecb comes ahead of the presidents, is to the parliament. right?blem is inflation, he is trying to set monetary possibly -- monetary policy where there is inflationary risks. got inflationary pressures. he is god a european economy that has 9.8 and -- 9.8 unemployment. a it's an economic political problem to be solved. he is trying to buy the economy time by saying i'm going to live within a commie that is growing faster in -- with an economy that is going faster in some places. francine: let me bring you

lloyds banking group will review all business customers affected by criminal activities linked to twod save around £80 a year after a price cap was announced by regulator 0fgem. the temporary cap, which comes into effect in april, will be updated every six months and is expected to stay until 2020 when smart meters will be rolled out — however they have also been criticised. profits at bp have fallen by 55% compared to the previous year. bp and it‘s competitiors have struggled with two years of low oil prices. a barrel was priced at less than $28 injan 2016 — but today it‘s around $56 and that increase was reflected in the last three months of bp‘s results when profits actually doubled — but it wasn‘t enough to cancel out losses including the continued fallout from the deepwater horizon disaster. the government will set out its proposals later today for fixing what it describes as the "broken" housing market in england. the housing white paper is expected to promise the building of more homes; extra help forfirst—time buyers; and measures to make renters more secure. the government sa

lloyds banking group has reported its highest annual profit in a decade, helped by a reduction in payment seen in 2006 before the financial crisis. the uk government's stake in lloyds has now fallen below 5% and it has said it wants to return the bank to full private ownership this year. an extra £200 million in emergency humanitarian aid has been promised by the government to tackle a famine in south sudan and somalia. the cost of essential repairs to school buildings in england has already reached almost seven billion pounds, according to the national audit office. in a report published today, it warns that figure could double by 2020. but ministers have also spent money on creating places in new free schools, some of which are under—subscribed. jon ironmonger reports. for a full summary of the news you can go to our website and get more on everything that we are discussing here, including those income rules forforeign spouses. it's nearly 20 years since the death of diana, princess of wales, but now a new exhibition celebrating her life opens at kensington palace, her home for over 15

and check out the markets, lloyds banking group has

banking sector. lloyd's purporting a fourth-quarter earnings. joining us now our u.k. banking reporter steve morris. he is the cio of embarq groupset. lloyd's is missing this headline pretax number, what was the story there? guest: they had a slight slowdown on their market with a little bit of uncertainty post-brexit. many people focused on the outlook. necessary for the result they posted. and still paid 2.2 billion dividends. and they did not take payment protection insurance. anna: it makes a change of 17 billion pounds worth. guest: from an initial look at the figures, the ceo had his pay cut 34% this year. he might not the quite as happy as everyone else. anna: good morning to you. weigh in on the banking sector. we are seeing an increase in the ordinary dividends and a special dividend at lloyd's, the dividend used to be a lot of the story at lloyd's. -- it did.ed to it is an important factor. hsbc said the same thing yesterday about the u.k., some delay, some troubles. make not easy for them to money. these banking models change. are traditional banks again and more utilitarian in the way they approach things. it will be