earlier amsterdam was voted the new base for the european medicines agency. we can speak to our correspondent in brussels. talk is through the significance of these decisions tonight. they are significant because these are the two eu bodies, organisations, that have headquarters in london at the minute, which will move because of brexit ahead of the uk's withdrawal from the eu. the eu countries want to sort this out because they want these agencies moved into eu nations ahead of brexit day. this has been a process they have been following. they had host, candidate cities bidding to host the agencies and the two decisions were taken this evening in brussels by a secret ballot process. it was like drawing the host city for the olympics or something. the medicines agency, around 900 staff, overseeing the approval of new medicine and health ca re approval of new medicine and health care in the eu, that will go to amsterdam. interestingly, that was chosen in the end by drawing lots, because it was a tie between milan and amsterdam. the banking authority isa and am

ninety nations of eyeing to host the european medicines agency and european banking or thirty if aka has more. it isn't meant to happen until the end of two thousand and nineteen but it's effect already starting to be felt plums are on the way to see the. biggest and most important agencies the european medicines agency base and they said the skyscraper and the. authority only a few hundred meters away from here in an equally shiny building. receive tens of millions of dollars in funding they employ together more than a thousand people there highly paid highly skilled and many of them somewhat reluctant to leave this. location when it comes to the e m a it also attracts thirty six thousand special this year who attend hundreds of different conferences that's a huge money spinner for the surrounding area think of all the hotels and restaurant bills that come with those kind of events the irony is that the u.k. may have to pay for the departure of the european medicines agency because of a lack of great cool is in the running skyscraper. at the coast of around seven hundred million dol

the president have an ulterior motive an heiress in amsterdam scald the european banking and medicines agencies which will leave the u.k. post breck's it will look at what the moves mean for the two cities. also coming up in cape town students at africa's first school of design thinking at the top of dreaming up a museum for children. and daniel winter and this is your business update the u.s. department of justice is suing to stop eighty and t.'s proposed acquisition of time warner the suit sets up the biggest anti trust court clash in decades over the eighty five billion dollar tie up the u.s. government says the merger of the telecom and the content creator would homme competition resulting in higher costs for consumers it's no secret that u.s. president donald trump doesn't like c.n.n. in fact he seems to relish lashing out at the broadcast company which he calls fake news his most famous attack may have been a retreat a gift of him pretending to wrestle its logo dutch we could become exhibit a in the antitrust battle about to be waged between the us government and eighty n.t. the president

also coming up the spoils of breck said the european banking and of medicines agencies are leaving london as britain leaves the e.u. we look at where they're headed and why. and blistering barnacles this original tin tin drawing sells behalf of million euros we'll find out what makes red head journalist so popular. i'm daniel winter and this is your business update they say there's nothing investors hate more than uncertainty but the political crisis in berlin seems to have been of little interest to german shareholders the country's benchmark dax index actually rose in monday's session on the back of strong economic data but analysts say it's far too early to be complacent. confidence in germany's political system and its booming economy are reassuring to many who look at the current impasse but there's trouble ahead if uncertainty lingers businesses want to belittle investors need certainty and germany europe's largest economy has a lot on its plate. as if the holes for the economic challenges are humans get well so what does it mean for the e.u. economy what's in the for international

based on today's voting, we have selected amsterdam to be the new seat of the european medicines agencynd paris will be the new seat of the european banking authority. and the chief negotiator, michel barnier, clear the uk and the city can't have all the benefits of the single market, but... if we manage to negotiate an orderly withdrawal, there is every reason for our future partnership to be ambitious. this is our preferred option. what was agreed tonight is a long way from a detailed blueprint for brexit. but ministers did accept that theresa may can put hypothetical extra billions on the table, only if, though, the eu agrees to talk trade and about transition. the mood around the table, the government will move, but not on its own. tonight's decision should, number 10 hopes, get the negotiations shifting. but it is notjust events here which will determine if there will be a deal, or we will walk away. laura kuenssberg, bbc news, westminster. the electoral commission has re—opened an investigation into vote leave‘s eu referendum spending. the campaign paid £625,000 to clear bills all

winning the braggs it win for paris an ounce of them school the european banking and medicines agencies which will leave london with the u.k.'s departure from the e.u. we'll take a look at the fallout on the future of these two key institutions meant to keep your money and your health and good happens. coming up the u.s. government over much of plans between eight c. and t. and time one of the department of justice i think competition concerns the u.s. president's t.v. preferences play a role. and coincidental part of a concerted strategy a well known german manufacturer complains a rising protectionism around the globe. this is your business update on how the home frame but in thanks for joining me person has not yet left the e.u. but already the breaks it spoils of being david up carney to european banking will source in the european medicines agency reside in london but that will change come march twenty nine thousand paris announced today that will be the new home. it was a close contest and in the end it came down to a coin toss the city of amsterdam narrowly beat milan to become t

s biggest and most important agencies the european medicines agency base and they said go leaning the skyscraper and the european banking or authority only a few hundred meters away from here in an equally shiny building these organizations receive tens of millions of dollars in funding they employ together more than a thousand people they're highly paid highly skilled and many of them are somewhat reluctant to leave this prestigious location when it comes to the e m a it also attracts thirty six thousand experts and specialists a year who attend hundreds of different conferences that's a huge money spinner for the surrounding area think of all the hotels and restaurant bills that come with those kind of events the irony is that the u.k. may have to pay for the departure of the european medicines agency because of a lack of or break coolers in the rental of the skyscraper. the coast of departure around seven hundred million dollars the british authorities may try and post the best talent to work. but there are some concerns that some of these employees may leave before the start of th

but also here, with almost 900 staff, is the european medicines agency. . today, they will find out where they are moving to. and two dozen european cities have been scrambling to host these prestigious agencies. that's because their staff are very well paid and wherever they go, they bring thousands more jobs as companies want to be near their regulators, be they banks or pharmaceutical giants. 19 european cities have bid to host the european medicines agency, which decides on whether drugs can be sold in the eu. eight cities have bid to host the european banking authority, which monitors the health of the eu's biggest banks. from unlimited access to the zoo, free moving costs and rent paid, many cities have major incentives to host the two agencies. many cities have offered major incentives to host the two agencies. but politics may trump all that. the uk will lose 1,100 good jobs of regulators who spend money in the capital, but there is more to it than that. having a regulator creates a halo effect, because lots of american and japanese businesses set

s biggest and most important agencies the european medicines agency base and they said go leaning the skyscraper and the european banking or authority only a few hundred meters away from here in an equally shiny building these organizations receive tens of millions of dollars an e.u. from they they employ together more than a thousand people they're highly paid highly skilled and many of them are somewhat reluctant to leave this prestigious location when it comes to the e m a it also attracts thirty six thousand experts and specialists a year who attend hundreds of different conferences that's a huge money spinner for the surrounding area think of all the hotels and restaurant bills that come with those kind of events the irony is that the u.k. may have to pay for the departure of the european medicines agency because of a lack of or break coolers in the rental of this skyscraper. the coast of departure around seven hundred million dollars well a competition among states is now on to find a replacement home for both of these agencies that are clear front runners for the european banki

hopefully the future home for the european medicines agency sama so keen they've thrown their name into the hat for both agencies brussels for example already home to vast government institutions it all views that having as many e.u. bodies in one place as possible is the way to go. a lot stay with this decision not only does it help shape the landscape of the bracks it but when it comes to the e m a medical experts say nothing less than the future of public health is at risk if its staff aren't happy with the choice it's fit many could refuse to leave london so the importance for us will be that the business continuity of the agency is ensured and that access to life saving treatments is not delayed or reduced for the patients in the u.k. and in europe so will it be beaches bikini's and banking the sun sea and science labs that's what e.u. leaders will have to decide later today. top stories at this hour in germany preliminary talks on forming a new government coalition have collapsed they ended after the business friendly free democrats pulled out the party sided irreconcilable differ

hopefully the future home for the european medicines agency sama so keen they've thrown their name into the hat for both agencies brussels for example already home to vast government institutions it argues that having as many e.u. bodies in one place as possible is the way to go. a lot stay with this decision not only does it help shape the landscape of the bracks it but when it comes to the e m a medical experts say nothing less than the future public health is at risk if it stars aren't happy with the choice it's fit many could refuse to leave london so the importance for us will be that the business continuity of the agency is ensured and that access to life saving treatments is not delayed or reduced for the patients in the u.k. and in europe so will it be beaches bikini's and banking the sun sea and science labs that's what e.u. leaders will have to decide later today. and of course we will tell you the result and it's now back to gerri. thanks christine. foreign ministers from asia and europe are meeting in myanmar as international concern grows about the plight of real hinge or r

from the uk's point of view we are talking about maybe 900 jobs at the medicines agency and a couplehey are highly skilled roles and in sectors the uk likes to think it is pretty good at. back in april, david davis suggested that subject to some negotiation, the agencies could stay in london. now it seems they are definitely off, so what does that mean for the uk and what might take their place? for the pharmaceutical industry body, the departure of the regulator could leave a golf that causes other problems. the industry as £30 million worth of gdp to the economy with the highest research and development spend on the economy. there are several concerns with the uncertainty that we have around brexit. we could see delays of up to one year in the approval of new medicines and we could also see some of the processes that require certainty about regulation moving out of the uk unless we get a medicines cooperation soon. winning the banking authority was perhaps more a matter of prestige than business, at least in the short—term. one european financier told newsnight that the eba just sp

welcome to copenhagen hopefully the future home for the european medicines agency sama so keen they've thrown their name into the hat for both agencies brussels for example already home to evolve government institutions it all cues that having as many e.u. bodies in one place as possible is the way to go. a lot stake with this decision not only does it help shape the landscape of the post breck's it but when it comes to the e m a medical experts say nothing less than the future public health is at risk if it stops on happy with the choice it's paid many could refuse to leave london so important for us will be that the business continuity of the agency is insured and that access to life saving treatments is not delayed or reduced for the patients in the u.k. and in europe so will it be peaches bikini's and banking sonthi and science labs that's what easy leaders will have to decide later today. and of course we'll tell you the result u.s. citizens are facing new travel restrictions to cuba this month as the trump administration adopts a more hawkish stance on opening up to its communist

the boating hasjust been ending for the medicines agency and thatis ending for the medicines agency andn. that is going to move to amsterdam. that newsjustin. thank that is going to move to amsterdam. that news justin. thank you that is going to move to amsterdam. that newsjustin. thank you for that. let's speak now to the former conservative work and pensions secretary, iain duncan smith, who joins me from westminster. thank you for being with us. good afternoon. we just hope thank you for being with us. good afternoon. wejust hope ian fleming making the point that brussels, or at least the negotiations, aren't willing to come up with a figure themselves for what they think the brexit divorce bill should pay because they want the uk to agree to certain principles governing what that figure should entail, for insta nce that figure should entail, for instance paying for pensions and future commitments and so on. does that seem 30—year? future commitments and so on. does that seem 30-year? actually, this whole debate about money is a little bit off the beaten track because in reality what

currently based in london, will be relocated after brexit. 19 cities are bidding for the european medicines agencyst the european banking authority. more than 1,000 people work for the two agencies. our business correspondent theo leggett has the details. london's canary london's ca nary wharf london's canary wharf is home to some of the worlds biggest banks and two prestigious eu agencies, the uk banking authority which monitors the health of the region ‘s biggest banks and the european medicines agency which supervises drugs used on humans and animals. but now we are leaving the eu, both organisations will have to move and today they will find out where they are going. two dozen cities are scrambling to host them. the european commission says the agencies employ about 1100 people, many well—paid, but they also attract many business visitors for meetings, conferences and expert panels. between them they book about 40,000 hotel rooms per year. the uk will lose 1100 good jobs of regulators who spend money in the capital but there is more to it than that. having a regulator creates a halo effect bec

based mark to open a research facility in london the news comes just a week after the european medicines agency announced it will move its headquarters from london to amsterdam. to be on the m a there are a few other firms and agencies preparing to leave london after brock's it to that includes the banking regulator which could foreshadow which city will become the blocks new financial hub r.t. correspondent peter oliver has more on that from berlin. with sixteen months to go until brags that the european union has already decided where it will be moving its london based agencies with votes from the twenty seven remaining e.u. states tied to. slovenia abstained in protest over representative saw as a bias against eastern and central european countries. to be drawn from above and the witness would be the new home of the european banking authority or. not could give the french capital an edge over of the e.u. five senses should we see something of a bricks that exists and banks looking to relocate the french president said he was very happy with the decision so what about frankfurt the whole of t

played host to the european medicines agency all made despite the fact that the dutch capital's office buildings won't even be ready in time for breaks that they were at least the top of a poll by the stuff of where they wanted to relocate so they will be happy anyway for the u.k. this is a sign that is happening and that the european union is making plans for it and taking with them a thousand well paid job to paris and. but with less than a year and a haul for the full britain exits the european union how many more will follow. time now for a quick break but stick around because when we return former u.s. trading commissioner part and i will talk about changes we can see to the consumer financial protection bureau and archie correspondent alex the hell of it joins us to talk about a worrying report on nafta. everybody i'm stephen both. suspects. proud american first of all i'm just george bush and our. this is my buddy max the famous financial guru she's a little bit different. with all the drama happening in our country and i'm shooting the brood. every day americans. to bridge the

in the case of the medicines agency, i did a little bit of research before hand medicines agency, i didly i think your multinationals from the us and japan will probably want close proximity to that agency given its overlooking regulation in europe, i think there could be a significant economic boost to the host city for that particular agency. thank you, michael. we will be watching that decision with interest. . watching that decision with interest.. : the european medicines agency, milan and copenhagen are through to the next round. they have not really changed since we last talked about them. talk me through them. what's happening? germany, not very much reaction to the fact that the coalition talks have broken down. which is interesting. there is a country that depends on certainty and hates uncertainty and yet they seem happy with it. perhaps they weren't surprised. that would be my random guess. up 0.5% for the dax. centrica down 1% at the end. that was a dramatic move considering it was a dramatic move considering it was barely changed all day. so maybe we will be saving some mo

is a british candidates that's been withdrawn but in addition to that the european medicines agency a is going to go to i'm saddam britain will no longer have any physical location for that was submitted in the. nicely done both go at the end you're talking about but i know what this is talk about european banking all thought is well that's going to go to paris they want the bed britain lost the bit this is the beginning of the and you've got it fast here on r.t. breck said this has all these organizations decide it's not really. worth being in the u.k. if the u.k. is not going to be in the e.u. well david davis said they would stay here but on the other hand we do a lot of this regulatory authority here in britain because look what it did last time go to paris the medicines agency well you know lots of cures and things aren't coming in quick enough go away international court of justice maybe because of prosecuting some of the people that got us into libya as you can see here in iraq actually that's nine hundred where i think a lot of brit only as oh yeah i'll be happy now when there

you will movie year in medicines agency from london to amsterdam when the united kingdom finally leaves the block a decision was arrived at by a vote in may is one of two agencies currently based in london which have to relocate because it breaks it if aka has more. it isn't meant to happen until the end of march two thousand and nineteen but its effects are already starting to be felt plans are on the way to see the departure of two of the e.u.'s biggest and most important agencies the european medicines agency base and they said go leaning the skyscraper and the european banking or authority only a few hundred meters away from here and it equally shiny building these organizations receive tens of millions of dollars in funding they employ together more than a thousand people they're highly paid highly skilled and many of them are somewhat reluctant to leave this prestigious location when it comes to the e m a it also attracts thirty six thousand experts and specialists a year who attend hundreds of different conferences that's a huge money spinner for the surrounding area think of all

s biggest and most important agencies the european medicines agency base and they said go leaning the skyscraper and the european banking or authority only a few hundred meters away from here and it equally shiny building these organizations receive tens of millions of dollars in funding they employ together more than a thousand people they're highly paid highly skilled and many of them are somewhat reluctant to leave this prestigious location when it comes to the e m a it also attracts thirty six thousand experts and specialists a year who attend hundreds of different conferences that's a huge money spinner for the surrounding area think of all the hotels and restaurant bills that come with those kind of events the irony is that the u.k. may have to pay for the departure of the european medicines agency because of a lack of or break laws in the run through all of this skyscraper. the coast of departure at around seven hundred million dollars the british authorities may try and pose the best talent to work. but there are some concerns that some of these employees may leave before the

both the european medicines agency and the european banking authority used to be based in london. a direct consequence and first visible result of brexit. let's talk to professor amelia hadfield, director of the centre for european studies at canterbury christ church university. good to have you with us. what you make of this decision?” good to have you with us. what you make of this decision? i think the commission is right. it is the very first step and think that we're going to see about brexit. it is a sign that things are actually happening. that brussels is very much getting its ducks in a row. four people in britain who were perhaps a little bit unaware of the step changes, this might come as a bit of a shock if they had not been aware of it. the european medicines agency has been here since 1995 and employs 900 people or even more. it is based on canary wharf. the european banking authority was set up european banking authority was set up in the wake of the eurozone crisis in 2011. it employs about 150 people also in canary wharf. two major european agencies now being pluc

will become the new location of the european medicines agency an e.u. institution currently based in london but britain's departure from the e.u. in twenty nineteen means it needs to be relocated the city of amsterdam. nine hundred cities were originally in the running the dutch capital now has sixteen months to organize the move at an estimated cost of four hundred million euros well the first staff members of the european medical agency already arrive next summer so that's very very soon and then in april two thousand and nineteen we're planning to finalize to come from societies and then on january first two thousand and twenty everything should be ready and we should be welcome all the staff members the currently employs some nine hundred people but estimates suggest that twenty percent of positions could be cut as a result of the me from london. another city in celebration is paris who will host the european banking all thora take the selection was a blow to the german city of frankfurt which had been hoping to cash in on its reputation as a. europ

the european medicines agency and european banking authority currently reside in london — which willnger be part of the eu from the end of march 2019. the 27 member states will vote later on which cities will become their new homes. joe lynam has more. iam hoping i am hoping to be able to speak to him injusta i am hoping to be able to speak to him injust a moment. i am hoping to be able to speak to him injusta moment. he i am hoping to be able to speak to him injust a moment. he is i am hoping to be able to speak to him injusta moment. he isjoining us him injusta moment. he isjoining us from brussels. here he is. peter, good to see you. let's start with the situation in the brexit negotiations in germany. your thoughts on the outcome of the coalition talks? they are collapsing and as we have been hearing earlier, there is a real concern about what there is a real concern about what the outlook is for germany. indeed, it looks like germany isn't as solid as what it looks like in terms of politics and of course the key reason for that is angela merkel‘s decision in 2015 which has unlea

i am concerned what she was doing at the european medicines agency. we will get some clarification.rative when we get trashed. it is not enough, you have seen some of the things that come to the fore at the gala, this isjust an extension of that. it is high fashion. very low maintenance. very white whites. i don't know which washing powder she uses, but highly recommended. i don't pretend to understand. we will stop. that is it for the papers tonight. on the bbc news website, you can read a detailed review of the paper seven days a week. we are there as well, each night's edition is posted shortly after we finish and it is on iplayer. thank you to tony and caroline. look at that lovely shot. we are back at 11.30. now meet the author. an old man with great power — he runs a media empire — sees his influence crumbling away. he's losing his grip, his family, perhaps even his sanity. what becomes of him? edward st aubyn‘s novel, dunbar, is a retelling of the story of king lear, as a contemporary novel. funny and melancholy by turns, the author of the celebrated series of novels about pa

two big eu agencies based in london, an auction process like the eurovision song contest, the medicines agencyter the vote and the bank agency will go to paris. this is the real effect of brexit and we are already seen it at home. the government said it wants to promote global britain after brexit. but those agencies moving is not a great diplomatic sign. michelle bachelet is wanting to play hardball and his comments are showing us that things will not be easy after we decide what this divorce is going to be. he was talking about a trade deal and said that the dome happened so long as britain stays very close to the eu on a lot of those regulations on food standards and social roles and environmental protections and so on, which a lot of the brexiteers want to... that seems to my mind to be increasingly the way things are going. we will have a technical brexit and definitely come out of the year but the reality for a terms of their relationship with other countries and how they work in terms of regulations is going to stay pretty similar. we're just going to copy and paste everything across an

will become the new location of the european medicines agency and e.u. institution currently by.

to help us out brexit—wise and 1700 jobs is not a lot don't forget we are using the european medicines agencythat. telegraph, reasons why christians back trump? this is the archbishop of canterbury? we hadn't spotted this before? all we have here is a paragraph on front. trump has a huge - 85% of paragraph on front. trump has a huge — 85% of the evangelical christian vote in the us. it's a huge part of his — despite all the issue, which you might thought would be counter—productive you might thought would be counter— productive towards their support. it is particularly attitudes towards women that this attitudes towards women that this attitude picks out, because they are com pletely u na cce pta ble attitude picks out, because they are completely unacceptable in christian... . it's good to hear the archbishop say this and he is on the more progressive side of the church of england but he talks about, yeah, he has talked that they are com pletely he has talked that they are completely unacceptable. this is interesting, because there is a state dinner on the cards but not a fixed date. it is a

the european banking authority and the european medicine agency, both leaving london. 1000 skilled jobsrdam. what it tells us, which is slightly sad, especially for remainders like myself, is that it is becoming a ha rd myself, is that it is becoming a hard reality now, brexit. —— remainers. we still hold out hope, but serious things are occurring 110w. but serious things are occurring now. those hopes that we perhaps foolishly hold that maybe this process will end, it is beginning to look very, very unlikely. right, you know a bit about the city. bitcoin. eu have any? no, but funnily enough, a former girlfriend called me up a couple of weeks ago and asked if she should invest? i told couple of weeks ago and asked if she should invest? itold her couple of weeks ago and asked if she should invest? i told her not to do it. well, business and cider. the coin atan it. well, business and cider. the coin at an all—time high... it. well, business and cider. the coin at an all-time high... yet another bad decision, i'm sure she will be ringing me up and telling you what immediate i am. the thin

member states amsterdam has been chosen as the new post writes a location for the european medicines agency. earlier we spoke with our very own charlotte shells and pills in brussels and we asked her why paris won the right to host the european banking agent's and i think a lot of people really are wondering why frankfurt wasn't the winner for the a.b.a. it had been a front runner and a lot thought that it was going to take the lead it didn't though it was knocked out it did reach the final three alongside dublin then came down to dublin and to paris and then in a tie break the names were picked out of a hat and paris was the n.s.a. was something of a bit of luck for paris with dublin left incredibly disappointed but that does not do it down paris of course is something of a financial hub it's already home to the european security markets agency that might played a role ultimately the ne win this had to prove various criteria one of which being that they were ready to take over is seen as the u.k. left the e.u. and immediately hosts the e.p.a. that something obviously paris proved that it w

the european medicines agency employs around 900 people and themors book towards 30,000 hotel rooms in013. a change of headquarters could trigger an exit is for many big pharmaceutical companies and agencies. genie: next now to the united states where the latest round of nafta negotiations are showing little signs of progress. are currently in round five of talks after donald trump threatened to unilaterally withdraw the u.s. canada and mexico says that the u.s. demands were damaged the auto manufacturing business in all three countries. the lack of progress is adjusting the policy -- is suggesting the policy may not reach the deadline. .> people are frustrated our canadian team is skilled. they w will not bargain positios the genomics is. it's hard to bargain with someone losing consistent. as long as the u.s. house those proposals on the table mapping is going anywhere on any of the tables. genie: how are the markets doing? bryan: european markets are shrugging off instability in berlin as chancellor merkel tries to form a coalition government. health-care stocks are doing well as sw

european officials are set to vote on the new location for the headquarters of the european medicines agency and the european banking authority multiple cities hope to host it. athens, milan, and a.m.ster dan are some of the cities they'll decide where the european banking authority will relocate cities that could get the eba are franklin, dublin they say the european medicines agency, they would rather quit than move to any of these cities that is quite a statement. these cities are not all that bad. >> madrid? >> the food. >> i know. totally. speaking of brexit, the brexit divorce bill is expected to be top of the agenda when u.k. prime minister theresa may chairs a cabinet meeting there's speculation they could be preparing to toss out its divorce offer. the u.k. chancellor is expected to set up plans to tackle brittain's housing crisis when he delivers his autumn budget later this week. information leaked to the media says he's going to increase the government's home building targets. in an interview with the bbc, the chancellor confirmed that it's among the conservative government's top

i'm still will become the new location of the european medicines agency an e.u. institution currently based in london but britain's departure from the e.u. in twenty nineteen means it needs to be relocated the city of. nine hundred cities were originally in the running the dutch capital now has sixteen months to organize the move at an estimated cost of four hundred million euros well the first staff members of the european medical agency already arrive next summer so that's very very soon and then in april two thousand and nineteen we're planning to finalize the conference to siltation and on january first two thousand and twenty everything should be ready and we should be welcome all the staff members the currently employs some nine hundred people but estimates suggest that twenty percent of positions could be cut as a result of the me from london. another city in celebration is paris he will host the european banking on thora take the selection was a blow to the german city of frankfurt which had been hoping to cash in on its reputation as a european banking h

also today, it's been announced that amsterdam has been chosen as the location for the european medicines agencybritain leaves the bloc in 2019. another london—based organisation, the european banking agency, is to be relocated to paris. here's our political editor, laura kuenssberg. number ten is always a special place to visit. but today it was the scene of vital conversations for the core of the cabinet. crucial conversations to decide if theresa may can hold out promise of billions more to brussels. she has already promised nearly 20 billion to clean up our accounts as we leave. we have made it very clear that we will honour our commitments. but what i want to see is developing that deep and special partnership with the european union for the future, and i want to see us moving together. as i have always said, a deal which is good for the uk will be one which is good for the rest of the european union. but what else should we pay for? the prime minister wants to concentrate on how to grow industry. there will be cash promises for research and development two days before the budget. and yet s

they voted for amsterdam as their new post-brexit location, the european medicines agency. a total of 23 cities were in the running. charlotte, why did harris went as the host city for the banking agency russian mar? charlotte: we'll have to speculate. a lot of people are wondering why frankfurt was not the winner for the epa. it had been a front matter and we thought it was going to take the lead. it did not, it was knocked out and he did reach the final three alongside dublin and then it came down to dublin and to paris and in a tiebreak boat, names were picked out of a hat and paris was the winner, there is something of a bit of luck for paris which was left incredibly disappointed. let's not do down, paris is a financial hub, it is only on to the european security markets agency, that might play a role. ultimately, any winner of this had to prove various criteria. one of which is that they were damaged takeover as soon as the eu and the u.k. posted the eva. that is something paris proved it was able to do. >> moving the agencies brings up its own problems including issue

on scientists, because they redirect -- reiterate two reports by the chemical agency and the medicines agency that both ruled they believe glyphosate was perfectly safe. they believe that farmers from stockholm to lisbon are reliant 100% on glyphosate and all this nondecision would do would be to create uncerertainty. greenpeace on the e other hand e worried. they have had a campaign held , and there were the final decision might be in the hands of the european commission, and they believe that means there will be some sort of renewal of some kind. , babacking total ban with the eururopean parliaiament called for, and they raised the european citizens commission with signatures that have been signed, calling and lobbying eu institutions for a full ban. genie: we are hearing that the french environment minister has said he is proud that fred stood strong against brussels in the glyphosate debate. the very last islamic state stronghold in syria and iraq has been recaptured. a syrian army commander says the army and its allies led by lebanon's hezbollah captured the town. that brings the calipha