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Apr 5, 2017
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from delhi to mumbai, we track the agenda of philip hammond on his india visit.iland's property sector, 20 years after the asian financial crisis. welcome to asia business report. we are live from singapore. british finance minister philip hammond heads to mumbai today as part of the uk's trade push to show that there a world of opportunity for britain outside of europe. his first stop in delhi on wednesday saw him meet with india's finance minister. the uk wants to attract the brightest minds. that's what philip hammond told founders from india's start—up community at a cafe in central delhi. his discussions with the finance minister included trade, financial services and infrastructure and talks focused on a post except trade deal. big uk plans to tighten immigration, but this didn't come up. business leaders seemed optimistic about the future. there is a great ability and opportunity for india to really liberalise its regime on how financial industry is expanding india. instead of rising domestic sales and a dramatic change in the digital world, thanks to the
from delhi to mumbai, we track the agenda of philip hammond on his india visit.iland's property sector, 20 years after the asian financial crisis. welcome to asia business report. we are live from singapore. british finance minister philip hammond heads to mumbai today as part of the uk's trade push to show that there a world of opportunity for britain outside of europe. his first stop in delhi on wednesday saw him meet with india's finance minister. the uk wants to attract the brightest minds....
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Apr 4, 2017
04/17
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when we hear more about philip hammond's trip we will update you.round 12,000 eu regulations in force across the union and they cover everything from banking and the chemicals industry, to agriculture and the airline industry. here's our transport corresponded richard westcott to talk through some of the pitfalls that brexit could create for the business of aviation. lots of industries is just telling for position they want to get to the front of the queue and make sure there are except agreement is sorted first. to date it was the airline industry that weighed in. at the moment, any eu airline can fly anywhere in europe and that is why we get such cheap flights but that deal runs out when we leave the eu in two years. if they do not replace it, there is a slim chance flights would have to stop for a while. it is not meet saying it, it is michael leary, the boss of ryanair. 0ther airlines do not share his apocalyptic view. 0thers airlines do not share his apocalyptic view. others are very confident a new agreement would be reached soon and that is f
when we hear more about philip hammond's trip we will update you.round 12,000 eu regulations in force across the union and they cover everything from banking and the chemicals industry, to agriculture and the airline industry. here's our transport corresponded richard westcott to talk through some of the pitfalls that brexit could create for the business of aviation. lots of industries is just telling for position they want to get to the front of the queue and make sure there are except...
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Apr 4, 2017
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theresa may in the middle east and philip hammond in india.e minister is leading a trade delegation. it's a two—day visit where philip hammond will stress "britain is open for business" and looking for new trade deals as the uk negotiates its way out of the european union. and let's talk you through the relationship. in 2014 the value of all the goods and services sold between india and the united kingdom was about $24 billion. and it works in india's favour they export a lot more goods to the uk than the other way around — their top exports are clothing, footwear and medical items. but the uk is only the 18th biggest market for india's exports. and india only comes 17th on the uk's list of export destinations despite having the world's second biggest population, india is looking to raise more than 1 trillion dollars for infrastructure over the next decade and the uk hopes it can benefit from that given it's position as the world's top financial services exporter. in return india will be looking for greater freedom of movement for it's citizen
theresa may in the middle east and philip hammond in india.e minister is leading a trade delegation. it's a two—day visit where philip hammond will stress "britain is open for business" and looking for new trade deals as the uk negotiates its way out of the european union. and let's talk you through the relationship. in 2014 the value of all the goods and services sold between india and the united kingdom was about $24 billion. and it works in india's favour they export a lot more...
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Apr 4, 2017
04/17
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our top story: the uk finance minister philip hammond is leading a trade visit to india.wo countries will only grow after the uk leaves the european union. he's on twitter and he's tweeting. a quick look at how markets are faring. one of the big winners is bp. it has been upgraded by an investment bank toa been upgraded by an investment bank to a buy rating and people are buying it. they are being obedient and buying bp's shares today. they're up 2%. good etiquette in business has often been described as a critical skill which can boost your chances of success, but in an increasingly online world where media and digital disruptors are breaking down many traditional attitudes. soo is having impeccable manners really as important as it used to be? in a survey of more than 1,000 people in the us last year, almost three—quarters thought manners and behaviour were on the decline. in an online poll, us school and university students point the blame firmly at social media saying technology is making society less civil. so the etiquette firm debrett‘s has been around for almost 2
our top story: the uk finance minister philip hammond is leading a trade visit to india.wo countries will only grow after the uk leaves the european union. he's on twitter and he's tweeting. a quick look at how markets are faring. one of the big winners is bp. it has been upgraded by an investment bank toa been upgraded by an investment bank to a buy rating and people are buying it. they are being obedient and buying bp's shares today. they're up 2%. good etiquette in business has often been...
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Apr 21, 2017
04/17
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whether she will continue with the tories‘ policy of pension increases, while the chancellor, philip hammondhints that the conservatives may leave open the possibility of tax rises. all chancellors would prefer to have more flexibility in how they manage the economy and how they manage the overall tax burden down than having to have their hands constrained. as france goes to the polls for the first round of voting, prosecutors say the gunman who shot dead a policeman in paris was a convicted criminal. a report into the deaths of three soldiers during an sas exercise in the brecon beacons has concluded it could happen again. and at 11:30pm we'll take a second look at tomorrow's papers, including: the times says trump is not preferencing britain. good evening and welcome to bbc news. on day three of the election campaign trail the prime minister and the chancellor have given theirfirst hints about the conservative manifesto. theresa may says she'll keep the current spending on foreign aid, despite pressure from some within her own party to cut it. but she would not commit to keep the so—called
whether she will continue with the tories‘ policy of pension increases, while the chancellor, philip hammondhints that the conservatives may leave open the possibility of tax rises. all chancellors would prefer to have more flexibility in how they manage the economy and how they manage the overall tax burden down than having to have their hands constrained. as france goes to the polls for the first round of voting, prosecutors say the gunman who shot dead a policeman in paris was a convicted...
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Apr 30, 2017
04/17
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philip hammond did not income tax.he fact that he was boxed into a cornerfrom not like the fact that he was boxed into a corner from the soul pledged not to raise national insurance contributions and income tax. the original pledge, if you think back to 2015 when david cameron was running for election, apparently he is living in a shared but that is a different story, he ran on a pledge not to raise income tax and national insurance. this time around are confident of a win under one to get rid of these things that boxy into a corner. we are unlikely, but don't know yet because the tory manifesto is not i get, the triple lock on pensions will change in some way, we are likely to see the ability to change income tax national insurance. theresa may has said today that she won't raise vat because labour were putting under a lot of on that. that is regarded as regressive tax because everybody has to pay it. to some extent, it is linked to consumption because if you don't consume too much youtube paid too much. but it is a r
philip hammond did not income tax.he fact that he was boxed into a cornerfrom not like the fact that he was boxed into a corner from the soul pledged not to raise national insurance contributions and income tax. the original pledge, if you think back to 2015 when david cameron was running for election, apparently he is living in a shared but that is a different story, he ran on a pledge not to raise income tax and national insurance. this time around are confident of a win under one to get rid...
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Apr 21, 2017
04/17
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philip hammond must remember he tried to raise national insurance rates, didn't he? to be turned around very quickly. it's about who takes austerities? is it the people who are there and can withstand the attack, as it were, on the public purse? 0n the other end you have the nhs crumbling, the idea of social care being in complete meltdown. we do not change in the next five years will be in serious trouble. then we have the immigration issue. you both mentioned nhs and social care. social care is getting a boost of more money. the nhs has had more money and overall spending has increased. the number of people using it has also gone up. it is not going to be about white van man, it is about where is my gran. which hospital will they be in and are they safe? we do not look at certain demographics. they will affect the elderly and the young who leave university and cannot afford homes because they have too much student debt. all we can say for certain is after the election we will all be paying more tax. whoever is in government will need to raise funds. by government w
philip hammond must remember he tried to raise national insurance rates, didn't he? to be turned around very quickly. it's about who takes austerities? is it the people who are there and can withstand the attack, as it were, on the public purse? 0n the other end you have the nhs crumbling, the idea of social care being in complete meltdown. we do not change in the next five years will be in serious trouble. then we have the immigration issue. you both mentioned nhs and social care. social care...
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Apr 4, 2017
04/17
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one week after the uk triggered the process of leaving the european union, chancellor philip hammondis way to india. businesses there are concerned about what kind of impact it could have on them. our colleague in new delhi spoke with the president at the european bank for reconstruction and develop it. -- development. if it is a brexit which results in the uk leading the single market and maybe not making any further contributions to the eu budget, if you take that extreme, that has significant potentially negative impacts on some of our operations, especially in south—eastern europe. bulgaria, greece, those sorts of countries would be heavily affected. but it is a milderform of brexit, where even if the uk leads the single market it is able to mimic some of the single market attributes in the new trading relationship, if it still makes some contributions to the eu budget, then the impact is actually pretty marginal. british chancellor philip hammond is bringing a large delegation of british businesses here to try to drum up trade in india. you think india can really fill in that ga
one week after the uk triggered the process of leaving the european union, chancellor philip hammondis way to india. businesses there are concerned about what kind of impact it could have on them. our colleague in new delhi spoke with the president at the european bank for reconstruction and develop it. -- development. if it is a brexit which results in the uk leading the single market and maybe not making any further contributions to the eu budget, if you take that extreme, that has...
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Apr 22, 2017
04/17
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this is what philip hammond wanted to do in the budget. he did wa nt wanted to do in the budget.en there is this constant talk about the triple lock. the triple lock is lovably something that will perhaps have to be looked at because if you've got austerity and trouble with the nhs and people don't have enough money for schools and the rest of it, the money will have to come from somewhere. my feeling, and i think a lot of people, feel bad because it is our money, it is wasted. you see in the nhs, you've got people in... not doctors and nurses but management earning more than the prime minister. you've got all sorts of... bonnie, i'm going to ask you to skip ahead to the telegraph simply because i'm trying to get through three more. there is another... we've got to hear, i think. we are going to start off with this online pharmacy because this is really quite disturbing. bonnie, remind us what the story is about. this is about an online pharmacy backs by the nhs, it has admitted selling a bleaching agent asa admitted selling a bleaching agent as a revolutionary europe. i have to
this is what philip hammond wanted to do in the budget. he did wa nt wanted to do in the budget.en there is this constant talk about the triple lock. the triple lock is lovably something that will perhaps have to be looked at because if you've got austerity and trouble with the nhs and people don't have enough money for schools and the rest of it, the money will have to come from somewhere. my feeling, and i think a lot of people, feel bad because it is our money, it is wasted. you see in the...
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Apr 21, 2017
04/17
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philip hammond has said he will have to raise taxes. we know he will have to raise taxes.e 80 could go up. why would the daily mirror go on the 80? that is because it hits the poor harder than the rich. they spent about 10% of their vat -- rich. they spent about 10% of their vat —— income on vat. rich. they spent about 10% of their vat -- income on vat. if you took some people out of tax, it would lower the rates for higher earners. indeed. the issue here is that the tories have always been the party of fiscal firmness. they have always been the party where you think the economy is in safe hands. it is not the case. it is now appearing that the case. it is now appearing that the labour party could be right, that the tory party is going to hit white van man right where it hurts, right at the exhaust pipe and ensure that he is paying more tax on a whole. this is the whole issue. we are being appalled by two strong forces, demographic change and the need to raise taxes in this post brexit world. by the conservatives to get hot under the collar when people say the economy is n
philip hammond has said he will have to raise taxes. we know he will have to raise taxes.e 80 could go up. why would the daily mirror go on the 80? that is because it hits the poor harder than the rich. they spent about 10% of their vat -- rich. they spent about 10% of their vat —— income on vat. rich. they spent about 10% of their vat -- income on vat. if you took some people out of tax, it would lower the rates for higher earners. indeed. the issue here is that the tories have always been...
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Apr 17, 2017
04/17
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antitrust philip hammond -- and i trust philip hammond to be a cooperative member of the g-7.rancine: talk to me about the central actions. are you worried about those? >> i am, as a frenchman. the anti-european movements. and at the same time, i am not. i am sure there will not be 50% of the people in my home country who would be crazy enough to vote for the brexit because france is at the heart of europe. the french are attached 72% to the euro. concerned that she is in the second round. i am afraid if she gets 40%, there is a question in france. we need to deal with that. i am sure. i am convinced marine le pen will not be president. francine: what happens if she runs in the second round? >> final think this will happen. -- i don't think this will happen. but we must comment when there is action. i hope they will be another candidate against le pen, or there will be two. i know in my country 70% of the people are pro europe. i am mainstream. so, we are more committed. i am committed. others are less committed and they are also pro europeans. that is the way the french peopl
antitrust philip hammond -- and i trust philip hammond to be a cooperative member of the g-7.rancine: talk to me about the central actions. are you worried about those? >> i am, as a frenchman. the anti-european movements. and at the same time, i am not. i am sure there will not be 50% of the people in my home country who would be crazy enough to vote for the brexit because france is at the heart of europe. the french are attached 72% to the euro. concerned that she is in the second...
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Apr 22, 2017
04/17
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on a visit to the united states, chancellor philip hammond criticised the constraints placed on him by his party's previous pledges on tax. all chancellors would prefer to have more flexibility in how they manage the economy and how they manage the overall tax burden down, than to have their hands constrained. then this happened. even some conservative supporting newspapers speculated that taxes would rise if the party's re—elected, so conservative sources were swift to say that the chancellor's comments should be seen as a hint of tax increases to come. what has been remarkable so early in the campaign has been the level of detail that's emerged even before the manifesto is published. we already know theresa may will recommit to the international aid target, with some wriggle room, and she says there will be increases in the state pension. labour is committed to retaining a policy of putting pensions up by a minimum of 2.5%. theresa may seems incapable of answering any questions about protection of the triple lock on the state pension. well, i give you that commitment now! labour will
on a visit to the united states, chancellor philip hammond criticised the constraints placed on him by his party's previous pledges on tax. all chancellors would prefer to have more flexibility in how they manage the economy and how they manage the overall tax burden down, than to have their hands constrained. then this happened. even some conservative supporting newspapers speculated that taxes would rise if the party's re—elected, so conservative sources were swift to say that the...
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Apr 21, 2017
04/17
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the chancellor philip hammond has hinted that he might enter —— and the party's promised not to raisepolitician. no leader stays popular forever but theresa may clearly feels that she is well liked enough for now to make promises that some might like but others wilmot. she looks confident, and the message is one we have heard before and will again. what drives me, the passion that i have in politics, is to make the united kingdom a country that works for everyone, not just the privileged few. that meant sticking to britain's target spending on foreign aid, which some right—wingers want cut. we need to look at how it is spent and make sure we are able to spend the money in the most effective way. what about the other costly pledge, keeping up the value of pensions? today, you are telling the country you are a leader people can trust. can pensioners trust you to go on raising their state pensions and year by year, just as your party and your government does now? what i would say to pensioners is, look what the conservatives in government have done. pensioners today are £1250 a year bett
the chancellor philip hammond has hinted that he might enter —— and the party's promised not to raisepolitician. no leader stays popular forever but theresa may clearly feels that she is well liked enough for now to make promises that some might like but others wilmot. she looks confident, and the message is one we have heard before and will again. what drives me, the passion that i have in politics, is to make the united kingdom a country that works for everyone, not just the privileged...
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Apr 22, 2017
04/17
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comments today suggest that guarantee must not be in a new manifesto and follows the chancellor philip hammondibility in managing the economy. today is a flying start saturday in our general election campaign. already on his eighth campaign visit, jeremy corbyn was in warrington. wooing voters, insisting the election was not a foregone conclusion and sketching out labour's own approach to taxes. we will produce a manifesto very soon and you will see all the details on that but i a tell you this, our tax burdens will not on those on low incomes, they will not fall on those with the broadest shoulders who can bear the greatest burden. at the last election more than 50 snps were swept into westminster and today the party said all but two of them have been reselected as candidates this time round. an election that will soon have competing policies to flesh out the slogans. i think we recognise the economy will slow down because brexit, more taxes will be needed maintain a respectable budget position is notjust us, i think the other parties accept and agree to be raising taxes, the chancellor wante
comments today suggest that guarantee must not be in a new manifesto and follows the chancellor philip hammondibility in managing the economy. today is a flying start saturday in our general election campaign. already on his eighth campaign visit, jeremy corbyn was in warrington. wooing voters, insisting the election was not a foregone conclusion and sketching out labour's own approach to taxes. we will produce a manifesto very soon and you will see all the details on that but i a tell you...
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Apr 19, 2017
04/17
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philip hammond.sary and appropriate and justified response to an awful crime, the foreign secretary has told the house of commons. boris johnson was giving details to mps on the evidence linking the assad regime with a chemical attack on the idlib province. boris johnson regime with a chemical attack on the idlib province. borisjohnson said the us secretary of state had contacted the british government, asking for political support, but said it would be difficult for britain to say no to a request for practical support in the future. he also updated mps on the situation in north korea. he called on china to use its influence. but he began his statement by paying tribute to britons who died in tragic circumstances in stock old and jerusalem. chris beddington was one of four people who died when a truck was driven into pedestrians. hannah blaydon was stabbed to death in jerusalem on good friday after a senseless attack. our thoughts and prayers are with their families. he laid out what was known about
philip hammond.sary and appropriate and justified response to an awful crime, the foreign secretary has told the house of commons. boris johnson was giving details to mps on the evidence linking the assad regime with a chemical attack on the idlib province. boris johnson regime with a chemical attack on the idlib province. borisjohnson said the us secretary of state had contacted the british government, asking for political support, but said it would be difficult for britain to say no to a...
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Apr 4, 2017
04/17
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india already invests more in the uk than the rest of europe combined, and philip hammond is hoping toe economy in the world. in a trendy cafe, the chancellor meets indian entrepreneurs keen to work with british businesses to develop new opportunities, but the real prize is much bigger — a trade deal. this afternoon he met the indian finance minister. britain can't negotiate new trade arrangements until it actually leaves the eu, but that doesn't mean it can't begin to lay the groundwork. though getting a deal... is likely to be difficult. ones that opportunity arises, after brexit, india's once that opportunity arises, after brexit, india's open to all arrangements which are in mutual interests for expanding trade. but actually getting a deal is likely to be difficult. the eu has been negotiating for almost a decade without any luck, so why should britain find it any easier? 28 countries trying to agree together the terms of a deal to be challenging. we've seen that and other european negotiations as well. it's always easier to make a bilateral agreement than it is to make a multilate
india already invests more in the uk than the rest of europe combined, and philip hammond is hoping toe economy in the world. in a trendy cafe, the chancellor meets indian entrepreneurs keen to work with british businesses to develop new opportunities, but the real prize is much bigger — a trade deal. this afternoon he met the indian finance minister. britain can't negotiate new trade arrangements until it actually leaves the eu, but that doesn't mean it can't begin to lay the groundwork....
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Apr 2, 2017
04/17
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now, the chancellor, philip hammond, is hoping to court new customers for britain's financial services of the bank of england, mark carney, to india this week, hoping that indian companies will use the city of london to fund the estimated £1.2 trillion of spending needed to modernise india's infrastructure. the government also hopes to use the trip to open new markets in india for companies like transferwise, part of britain's rapidly growing financial technology or fin—tech sector. all of this forms the backdrop for a comprehensive free—trade agreement which britain hopes to sign with india once it formally leaves the eu. but that won't be easy — india has yet to sign any free—trade deal with anyone and one stumbling block could be a demand by india to allow its citizens free movement to and from britain. the parents of a baby with a rare genetic condition have reached a £1.2 million crowdfunding target for him to have pioneering treatment in the us. connie yates and chris gard's son charlie, who is nearly eight months old, is receiving 24—hour treatment at london's great 0rmond stree
now, the chancellor, philip hammond, is hoping to court new customers for britain's financial services of the bank of england, mark carney, to india this week, hoping that indian companies will use the city of london to fund the estimated £1.2 trillion of spending needed to modernise india's infrastructure. the government also hopes to use the trip to open new markets in india for companies like transferwise, part of britain's rapidly growing financial technology or fin—tech sector. all of...
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Apr 21, 2017
04/17
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the chancellor, philip hammond, has said he would prefer the government to have more "flexibility" onpeaking to the bbc, he hinted that he would like the conservative's 2015 manifesto promise not to raise income tax, vat or national insurance to be amended. he was talking to our economics editor kamal ahmed in washington. it was the solemn pledge tweeted to the voter by david cameron before the election of 2015 — no increases in tax, vat or national insurance. will it be repeated before this election? today the chancellor, visiting washington for a meeting of leading industrialised nations, hinted maybe not. i came into politics not to see taxes rising but to see the burden of taxation falling as our economy grows, and that remains my very clear political ambition. but you do not support specific tax pledges not to raise income tax, national insurance and vat, because it would tie your hands? all chancellors would prefer to have more flexibility in how they manage the economy and how they manage the overall tax burden down than to have their hands constrained. the problem with pledges
the chancellor, philip hammond, has said he would prefer the government to have more "flexibility" onpeaking to the bbc, he hinted that he would like the conservative's 2015 manifesto promise not to raise income tax, vat or national insurance to be amended. he was talking to our economics editor kamal ahmed in washington. it was the solemn pledge tweeted to the voter by david cameron before the election of 2015 — no increases in tax, vat or national insurance. will it be repeated...
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Apr 5, 2017
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we mention that philip hammond is in mumbai, schmoozing.t in strasbourg, the european parliament discussing brexit as we speak. and city hall in london, we have the london chamber of commerce hosting an event where they have invited european business leaders from across europe to discuss brexit and how to work together across europe. we were talking to —— hoping to talk to the president of the frank frankfurt's chamber of commerce but technical reasons mean we cannot so apologies. but luckily, kathleen brooks is here in the studio to talk about the papers. we want to focus on the story about this equal pay proposition in iceland. it is really at the forefront of equal pay and equal rights. it seems like this could be a world first. definitely. iceland already has the lowest gender pay gap according to the consumer prices index. it is not just about financial equality and pay equality but political equality will come into it. also, iceland's economy is going great guns, expanding by 7% in the first quarter. these type of things seem to happe
we mention that philip hammond is in mumbai, schmoozing.t in strasbourg, the european parliament discussing brexit as we speak. and city hall in london, we have the london chamber of commerce hosting an event where they have invited european business leaders from across europe to discuss brexit and how to work together across europe. we were talking to —— hoping to talk to the president of the frank frankfurt's chamber of commerce but technical reasons mean we cannot so apologies. but...
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Apr 4, 2017
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the chancellor, philip hammond, has arrived in india to discuss financial and business links. the leaders of financial services companies. the government is hoping to boost ties between the uk and india as britain leaves the european union. this report from justin rowlatt does contain some flash photography. india is a crucial part of britain's post—brexit strategy, hence the chancellor's visit to this market in the centre of delhi. the message of this visit is absolutely clear. what the british government wants to say is that there is a world of opportunity post—brexit. india already invests more in the uk than the rest of europe combined, and philip hammond is hoping to build on that. india offers a vast potential market and is the fastest—growing large economy in the world. in a trendy cafe, the chancellor meets indian entrepreneurs keen to work with british businesses to develop new opportunities, but the real prize is much bigger — a trade deal. this afternoon, he met the indian finance minister. britain can't negotiate new trade arrangements until it actually leaves the
the chancellor, philip hammond, has arrived in india to discuss financial and business links. the leaders of financial services companies. the government is hoping to boost ties between the uk and india as britain leaves the european union. this report from justin rowlatt does contain some flash photography. india is a crucial part of britain's post—brexit strategy, hence the chancellor's visit to this market in the centre of delhi. the message of this visit is absolutely clear. what the...
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Apr 21, 2017
04/17
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and the chancellor philip hammond has hinted that the conservatives will end the party's promise notincome tax, vat and national insurance. our first report is from our deputy political editorjohn pienaar. trust me, i'm a politician. no leader stays popularfor ever, but theresa may clearly feels she's liked enough for now to make promises some might like, but others won't. she looks confident enough. and the message, one we've heard before and will again. what drives me in politics, the passion that i have in politics, is to make the united kingdom a country that works for everyone and notjust the privileged few. today, that meant sticking to britain's target for spending on foreign aid. spending that some right—wingers want cut. what we need to do, though, is look at how that money is spent and make sure we are able to spend that money in the most effective way. aid budget safe, then. but how will the cash be spent and held back? in future? and what about that other costly pledge? keeping up the value of pensions. again today you are telling the country you are a leader that people
and the chancellor philip hammond has hinted that the conservatives will end the party's promise notincome tax, vat and national insurance. our first report is from our deputy political editorjohn pienaar. trust me, i'm a politician. no leader stays popularfor ever, but theresa may clearly feels she's liked enough for now to make promises some might like, but others won't. she looks confident enough. and the message, one we've heard before and will again. what drives me in politics, the passion...
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Apr 22, 2017
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philip hammond says he would prefer that the government has more flex ability on tax.ld like to change the conservative's manifesto promise not to raise income tax, vat or national insurance. he was talking to our economics editor kamal ahmed in washington. it was the solemn pledge, tweeted to the voter by david cameron before the election of 2015 — no increases in tax, the vat or national insurance. will it be repeated before this election? today the chancellor, visiting washington for a meeting of leading industrialised nations, hinted maybe not. i came into politics not to see taxes rising, but to see the burden of taxation falling as our economy grows, and that remains my very clear political ambition. but you do not support specific tax pledges not to raise income tax, national insurance and vat, because it would tie your hands. all chancellors would prefer to have more flexibility in how they manage the economy, and how they manage the overall tax burden down, than to have their hands constrained. the problem with pledges — they tend to come unstuck. here is the
philip hammond says he would prefer that the government has more flex ability on tax.ld like to change the conservative's manifesto promise not to raise income tax, vat or national insurance. he was talking to our economics editor kamal ahmed in washington. it was the solemn pledge, tweeted to the voter by david cameron before the election of 2015 — no increases in tax, the vat or national insurance. will it be repeated before this election? today the chancellor, visiting washington for a...
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Apr 2, 2017
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now the chancellor philip hammond is looking to court new customers.f business leaders as well as the governor of the bank of england to india this week, hoping that indian companies will use the city of london to fund the estimated £1.2 trillion of spending needed to modernise indian‘s infrastructure. they hope to use the trip to open new markets in india for companies that are part of the new technology sector. all of this forms the backdrop for a comprehensive free—trade agreement which britain hopes to sign with india want it formally leave the eu but that won't be easy. india is yet to sign any free—trade deal with anyone and one stumbling block could be a demand by india to allow its citizens free movement to and from britain. the organisers of the university boat races say they have no plans to postpone the event — despite the discovery of what's thought to be an unexploded second world war bomb in the thames. the device was spotted near putney bridge, close to where the race begins. a final decision on whether the races get the go—ahead will be
now the chancellor philip hammond is looking to court new customers.f business leaders as well as the governor of the bank of england to india this week, hoping that indian companies will use the city of london to fund the estimated £1.2 trillion of spending needed to modernise indian‘s infrastructure. they hope to use the trip to open new markets in india for companies that are part of the new technology sector. all of this forms the backdrop for a comprehensive free—trade agreement which...
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Apr 3, 2017
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meanwhile, chancellor philip hammond and governor mark carney are going to india. come hot on the heels of the u.k. formally triggering the u.k. exit with the european union. ust -- our guest joins us. are they going to have any luck? >> these relationships a reasonably strong. they have been historically. the let me say this clearly -- the delta from change in relationship with emerging markets is going to be nowhere close to the loss for the relationship with the eurozone. it cannot compensate for that. also remember that they have things that many emerging market countries won't. that's precisely what this administration is sensitive about. come.mprovement may not it may restrict a degree of improvement in trade between emerging markets in the u.k. that's going to be quite important, because all the data is up from the u.k. for the considerable length of time. that happened because we have taken on much more leverage in the u.k. than other economies. we have gone from a high level of leverage -- at this point, i think they should be getting concerned, because th
meanwhile, chancellor philip hammond and governor mark carney are going to india. come hot on the heels of the u.k. formally triggering the u.k. exit with the european union. ust -- our guest joins us. are they going to have any luck? >> these relationships a reasonably strong. they have been historically. the let me say this clearly -- the delta from change in relationship with emerging markets is going to be nowhere close to the loss for the relationship with the eurozone. it cannot...
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Apr 22, 2017
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some differences between theresa may and philip hammond on tax policy.here we end up when the manifestos, out in the coming weeks. thank you. more than 50,000 troops are being deployed across france in preparation for voting in the country's presidential election after the killing of a police officer in paris. all correspondent is in paris at the moment. it looks like life returning to some normality, but security will no doubt play a big role over the coming days. security is very tight. it has been ramped up. there are police walking around in this bustling market. but this is a scene of peruvian normality this morning. a very normality this morning. a very normal saturday morning. this is the market, just a stone's throw from notre dame cathedral. today is a day of political silence. campaigning ended at midnight. there are no bombardments from politicians. so the french have a chance to breathe after months of relentless political battles. but the events of thursday night, just a couple of miles from here, on everybody‘s minds. it is visible in the s
some differences between theresa may and philip hammond on tax policy.here we end up when the manifestos, out in the coming weeks. thank you. more than 50,000 troops are being deployed across france in preparation for voting in the country's presidential election after the killing of a police officer in paris. all correspondent is in paris at the moment. it looks like life returning to some normality, but security will no doubt play a big role over the coming days. security is very tight. it...
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Apr 2, 2017
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philip hammond's trade mission to delhi and mumbai is part of an effort to build a partnership with indiae a future as a global manufacturing powerhouse. our business correspondent joe lynam has more. depending on how britain quits the eu, the city of london is set to lose thousands ofjobs in the coming years as some banks and insurers leave to remain in the single market. now the chancellor philip hammond is hoping to court new customers for britain's financial services expertise. he leads a delegation of business leaders as well as the governor of the bank of england mark carney to india this week, hoping that indian companies will use the city of london to fund the estimated £1.2—trillion of spending needed to modernise indian‘s infrastructure. the government also hopes to use the trip to open new markets in india for companies like transferwise, part of britain's rapidly growing financial technology or fintech sector. all of this forms the backdrop for a comprehensive free—trade agreement which britain hopes to sign with india once it formally leave the eu but that won't be easy. indi
philip hammond's trade mission to delhi and mumbai is part of an effort to build a partnership with indiae a future as a global manufacturing powerhouse. our business correspondent joe lynam has more. depending on how britain quits the eu, the city of london is set to lose thousands ofjobs in the coming years as some banks and insurers leave to remain in the single market. now the chancellor philip hammond is hoping to court new customers for britain's financial services expertise. he leads a...
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Apr 3, 2017
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the brits on tour theresa may. , philip hammond -- the brits on tour. saudia
the brits on tour theresa may. , philip hammond -- the brits on tour. saudia
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Apr 2, 2017
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now, the chancellor, philip hammond, is hoping to court new customers for britain's financial serviceselegation of business leaders, as well as the governor of the bank of england, mark carney, to india this week, hoping that indian companies will use the city of london to fund the estimated £i.2 trillion of spending needed to modernise india's infrastructure. the government also hopes to use the trip to open new markets in india for companies like transferwise, part of britain's rapidly growing financial technology or fin—tech sector. all of this forms the backdrop for a comprehensive free trade agreement which britain hopes to sign with india once it formally leaves the eu. but that won't be easy — india has yet to sign any free trade deal with anyone and one stumbling block could be a demand by india to allow its citizens free movement to and from britain. a former government advisor daniel sokol has backed a campaign calling for a law requiring medical professionals to report people unfit to drive to the dvla. the campaign started after the death of three—year—old poppy—arabella cl
now, the chancellor, philip hammond, is hoping to court new customers for britain's financial serviceselegation of business leaders, as well as the governor of the bank of england, mark carney, to india this week, hoping that indian companies will use the city of london to fund the estimated £i.2 trillion of spending needed to modernise india's infrastructure. the government also hopes to use the trip to open new markets in india for companies like transferwise, part of britain's rapidly...
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Apr 27, 2017
04/17
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move, amber rudd, iris johnston, the highest offices would not move, amber rudd, irisjohnston, philip hammond. as time moved on, there was a question that began to emerge around boris, the notion that he might be sidelined from the campaign, a suggestion that he would not go down well in some of the northern seat, he was too posh, and it jarred with northern seat, he was too posh, and itjarred with the big's daughter image that she is trying to portray. there were stories in the media this morning suggesting that ministers are briefing against him. i don't think he has been briefed against in the way that some embers of the cabinet are being briefed against. we don't have long, let's turn to the financial times. a bit of brexit in ireland. this is interesting, and curious, the suggestion being that eu diplomats might be raising the prospect of northern ireland voted ina referendum prospect of northern ireland voted in a referendum to rejoin, orjoin the south, to have a united ireland, and state in the eu. and that somehow this possibility would be enshrined in the brexit treaty, because the i
move, amber rudd, iris johnston, the highest offices would not move, amber rudd, irisjohnston, philip hammond. as time moved on, there was a question that began to emerge around boris, the notion that he might be sidelined from the campaign, a suggestion that he would not go down well in some of the northern seat, he was too posh, and it jarred with northern seat, he was too posh, and itjarred with the big's daughter image that she is trying to portray. there were stories in the media this...
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Apr 22, 2017
04/17
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philip hammond, the chancellor, yesterday hinted that he wa nts to chancellor, yesterday hinted thatous tory pledge not to increase vat, not to increase national insurance and income tax. today, theresa may on the campaign trail in dudley refused to rule out ditching their promise. she was asked what the conservative party would do, and she committed herself that the tory party was still the party of low taxation. they will have a choice between a conservative party which always has been, is and will continue to be a party that believes in lower taxes, in keeping taxes down for ordinary working people. and we have shown that, for example, we have taken 4 million people out of paying income tax altogether. 31 million people have seen a tax cut under the conservatives. and of all the choices, a labour party whose natural instinct is to always raise taxes. jeremy corbyn are saying that the labour party, under a jeremy corbyn are saying that the labour party, undera labour government is the tax burden would fall on those with the broadest shoulders. he singled out what he called the corp
philip hammond, the chancellor, yesterday hinted that he wa nts to chancellor, yesterday hinted thatous tory pledge not to increase vat, not to increase national insurance and income tax. today, theresa may on the campaign trail in dudley refused to rule out ditching their promise. she was asked what the conservative party would do, and she committed herself that the tory party was still the party of low taxation. they will have a choice between a conservative party which always has been, is...
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Apr 22, 2017
04/17
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and the chancellor philip hammond has hinted that the conservatives will end the party's promise notcome tax, vat, and national insurance. our first report is from our deputy political editorjohn pienaar. trust me, i'm a politician. no leader stays popular forever but theresa may clearly feels she's well liked enough for now to make promises that some might like but others won't. she looks confident enough and the message — one we have heard before and will again. what drives me, the passion that i have in politics, is to make the united kingdom a country that works for everyone, and notjust the privileged few. today, that meant sticking to britain's target spending on foreign aid — spending some right—wingers want cut. we need to look at how it is spent and make sure we are able to spend the money in the most effective way. the aid budget is safe then but how will the cash be spent in future? but what about the other costly pledge — keeping up the value of pensions? again today, you are telling the country that you are a leader people can trust. so, can pensioners trust you to go on
and the chancellor philip hammond has hinted that the conservatives will end the party's promise notcome tax, vat, and national insurance. our first report is from our deputy political editorjohn pienaar. trust me, i'm a politician. no leader stays popular forever but theresa may clearly feels she's well liked enough for now to make promises that some might like but others won't. she looks confident enough and the message — one we have heard before and will again. what drives me, the passion...
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Apr 22, 2017
04/17
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on a visit to the united states, the chancellor, philip hammond, criticised the constraints put on himdges on tax. all chancellors would prefer to have more flexibility in how they manage the economy and how they manage the overall tax burden down than to have their hands constrained. but then this happened — even some conservative—supporting newspapers speculated that taxes would rise if the party's re—elected. so conservative sources were swift to emphasise that the chancellor's comments shouldn't be seen as a hint of tax increases to come. but what has been remarkable so early in campaign is the level of detail that's emerged even before the party's manifestos are published. we already know theresa may will re—commit to the international aid target, though with some wriggle room. and she's provoked questions about guaranteed increases in the state pension. labour has committed to retain the policy of put being pensions up by a minimum of 2.5%. theresa may seems incapable of answering any question about the protection of the triple lock on the state pension. well, i give you that com
on a visit to the united states, the chancellor, philip hammond, criticised the constraints put on himdges on tax. all chancellors would prefer to have more flexibility in how they manage the economy and how they manage the overall tax burden down than to have their hands constrained. but then this happened — even some conservative—supporting newspapers speculated that taxes would rise if the party's re—elected. so conservative sources were swift to emphasise that the chancellor's...
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Apr 5, 2017
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philip hammond and mark carney are in mumbai meeting indian financial tech firms and the head of india'sforeign trip since article 50 was triggered, starting the process to take britain out of the european union. sameer hashmi is in mumbai. lovely to see you. tell us a bit more about today's agenda. well, the chancellor will be attending a couple of events with the underwriters come with. he is attending an event where they will be talk about start—ups, after which they are addressing a conference that will have business leaders from the world of financial services. you we re the world of financial services. you were referring to the uk being the biggest exporter of financial services. so they want to pitch that is one big industry where the uk and india can really partner. because india, as you know, is a growing economy, that is trained to grow its digital base across the country, and the uk is trained to say that they could partner with india to meet those aspirations, particularly when it comes to digital rollout across the country. and so, this is very important groundwork that is g
philip hammond and mark carney are in mumbai meeting indian financial tech firms and the head of india'sforeign trip since article 50 was triggered, starting the process to take britain out of the european union. sameer hashmi is in mumbai. lovely to see you. tell us a bit more about today's agenda. well, the chancellor will be attending a couple of events with the underwriters come with. he is attending an event where they will be talk about start—ups, after which they are addressing a...
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Apr 13, 2017
04/17
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time in 11 downing street between prime minister and chancellor then an embarrassing new term philip hammond the national insurance rise and he did it in the comments. >> since the budget, parliamentary colleagues and others have questioned whether the proposed increases -- have questioned whether the proposed increase contributions is compatible with the tax law commitments made in our 2015 manifesto. >> to chancellor for the 2015 act made clear the government tax applied some self-employed people. >> it is clear from discussions and colleagues over the last few days that this legislative test of the manifesto commit and does not need -- mr. speaker, does not meet a wider understanding of the spirit act to this. mr. speaker, it is very important both to me and my right honorable friend the prime minister that we complied not just with the latter, but also the spirit that were made. >> there's chaos. >> it is shocking and humiliating that they have been for a sitcom here to reverse the key privatization less than a week ago. if the chancellor spends less time writing each and the prime minis
time in 11 downing street between prime minister and chancellor then an embarrassing new term philip hammond the national insurance rise and he did it in the comments. >> since the budget, parliamentary colleagues and others have questioned whether the proposed increases -- have questioned whether the proposed increase contributions is compatible with the tax law commitments made in our 2015 manifesto. >> to chancellor for the 2015 act made clear the government tax applied some...
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Apr 5, 2017
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philip hammond who is in india to promote british business on bloomberg there are people on both sides who do not want a deal. jpmorgan's ceo says it is clear something is wrong with united states. , who sits on donald trump's business forum, says the u.s. is paying the price for bad decisions and there is understandable disenchantment with trade, globalization, and america's free enterprise system. global news 24 hours a day powered by more than 2600 journalists and analysts in more than 120 countries. i'm sebastian salek and this is bloomberg. nejra: thanks. marine le pen has been labeled soft on her plans to leave the euro during the second tv debate of france's presidential election. with all 11 candidates granted a hearing, the national front leader was attacked from the right as well as the left with snap polls showing her coming in as the fourth most convincing performer on the night. >> we need an economic patriotism. we need for our business is to have an advantage. that is true for our businesses, for our industries. it is true for our agriculture. we need to put in place pro
philip hammond who is in india to promote british business on bloomberg there are people on both sides who do not want a deal. jpmorgan's ceo says it is clear something is wrong with united states. , who sits on donald trump's business forum, says the u.s. is paying the price for bad decisions and there is understandable disenchantment with trade, globalization, and america's free enterprise system. global news 24 hours a day powered by more than 2600 journalists and analysts in more than 120...
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Apr 22, 2017
04/17
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the conservatives play down taxes will rise if they win the general election after philip hammond saidhould be flexibility to manage taxation. around 100 afghan soldiers have been killed in a taliban attack on an army base in afghanistan. two of the attackers blew themselves up and seven were killed in the assault near mazar—i—sharif city which lasted several hours. for the first time in more than 100 years, britain has gone a whole working day without using coal to generate electricity. national grid said the news was a "watershed moment" in attempts to phase out coal by 2025. now on bbc news, it's time for the travel show. on this week's travel show, we are exploring a secret corner of spain full of places that time forgot. really beautiful round here. it's really quiet. we are tackling the great wall of china, one step at a time. and we're tracking down a wild and secretive creature that's learned to steer well clear of humans. we're looking out at the bottom of the valley here. and that's where the wolves are most likely to get a good breakfast. hello and welcome to the travel show
the conservatives play down taxes will rise if they win the general election after philip hammond saidhould be flexibility to manage taxation. around 100 afghan soldiers have been killed in a taliban attack on an army base in afghanistan. two of the attackers blew themselves up and seven were killed in the assault near mazar—i—sharif city which lasted several hours. for the first time in more than 100 years, britain has gone a whole working day without using coal to generate electricity....
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Apr 4, 2017
04/17
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formal negotiations cannot take place until brexit is complete, but philip hammond said the world's fastest-growing major economy would the icky partner going forward. a key partner going forward. >> we hope to have a special relationship with the european union that will allow us to go on trading and investing in each other's economy, but at the same time, allow us to rebuild our relationships with our partners and allies around the world. india is looking for insurance is on freedom of movement for skilled workers and students. moving on to other business deal sincea second most international sanctions were lifted. cover 37ment would planes. to be a policy test for the trump administration which is about to crack down on tehran. the german group daimler is teaming up with the supplier bosch to develop autonomous vehicles. they hope to have cars on the street by the start of the next decade. falling short of apologizing for controversial remarks, last month saying countries that -- it's partouts calls for him to resign as head of the group. one frenchtown has built some of the world's most famous
formal negotiations cannot take place until brexit is complete, but philip hammond said the world's fastest-growing major economy would the icky partner going forward. a key partner going forward. >> we hope to have a special relationship with the european union that will allow us to go on trading and investing in each other's economy, but at the same time, allow us to rebuild our relationships with our partners and allies around the world. india is looking for insurance is on freedom of...
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Apr 5, 2017
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chancellor philip hammond.s is bloomberg. ♪ [ engine revs ] [ screams ] [ shouting ] brace yourself! this is crazy! [ tires screeching ] whoo! boom baby! rated pg-13. [ screams ] [ [ screams ] ] [ shouting ] brace yourself! this is crazy! [ tires screeching ] whoo! boom baby! rated pg-13. [ screams ] anna: a warm welcome back. this is "bloomberg daybreak: europe." this is tokyo at 2:30 in the afternoon. a new edition of daybreak is now available on your bloomberg and your mobile. let's look at some of the stories that have made it into today's edition. we start with a cover story today around the french election and last night's presidential debate. night for marine le pen according to two polls that rated her the fourth most convincing candidate out of the 11 who took to the stage. she repeatedly lost her cool during heated exchanges. matt: the next story is the fate of britain's ex-pat bankers. tired of wondering about their back, they phase have volunteered to return to their native eu countries if the lende
chancellor philip hammond.s is bloomberg. ♪ [ engine revs ] [ screams ] [ shouting ] brace yourself! this is crazy! [ tires screeching ] whoo! boom baby! rated pg-13. [ screams ] [ [ screams ] ] [ shouting ] brace yourself! this is crazy! [ tires screeching ] whoo! boom baby! rated pg-13. [ screams ] anna: a warm welcome back. this is "bloomberg daybreak: europe." this is tokyo at 2:30 in the afternoon. a new edition of daybreak is now available on your bloomberg and your mobile....
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Apr 22, 2017
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play down speculation that taxes will rise if they win the general election after the chancellor philip hammondthere should be "flexibility to manage the system" of taxation. around one hundred afghan soldiers have been killed in a taliban attack on an army base in afghanistan. two of the attackers blew themselves up and seven were killed in the assault near mazar—i—sharif city which lasted several hours. for the first time in more than 100 years, britain has gone a whole working day without using coal to generate electricity. national grid said the news was a "watershed moment" in attempts to phase out coal by 2025. now on bbc news — benjamin zand takes our mobile bureau to lebanon. translation: hello and welcome to sunny lebanon. this is bbc pop up. bbc pop up is the bbc‘s mobile bureau. we travel to different cities for a month at a time and make documentaries out of your story ideas. this month it's beirut. lebanon is a very small country at the edge of the middle east. just bordering syria and israel. historically, these borders have meant that it's become a centre of many middle eastern c
play down speculation that taxes will rise if they win the general election after the chancellor philip hammondthere should be "flexibility to manage the system" of taxation. around one hundred afghan soldiers have been killed in a taliban attack on an army base in afghanistan. two of the attackers blew themselves up and seven were killed in the assault near mazar—i—sharif city which lasted several hours. for the first time in more than 100 years, britain has gone a whole working...
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Apr 22, 2017
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this talk of tax, philip hammond's suggestion that he wa nts to philip hammond's suggestion that he wantsend of the commitment not to raise income tax oi’ commitment not to raise income tax or piatti or national insurance. that has caused alarm. conservative sources are playing back down. —— or vat or national insurance. labour says there was a tax bombshell ahead. the lib dems have said that this will hurt the pockets of white van man. labour has said that the richest would pay their fair share of tax if elected. the battle lines are being drawn. plenty of talks of policy before the manifestos have even been published. just one final fought, we are hearing that eric pickles has said that he would step down. 0ther mps have said the same. a very interesting election policy wise, but there will be a high turnover of mps before the battle has even begun. thanks very much. more than 50,000 troops are being deployed across france in preparation for voting in the country's presidential election after the killing of a police officer in paris. 0ur correspondent is in paris at the moment. the city
this talk of tax, philip hammond's suggestion that he wa nts to philip hammond's suggestion that he wantsend of the commitment not to raise income tax oi’ commitment not to raise income tax or piatti or national insurance. that has caused alarm. conservative sources are playing back down. —— or vat or national insurance. labour says there was a tax bombshell ahead. the lib dems have said that this will hurt the pockets of white van man. labour has said that the richest would pay their...