run—up to christmas, royal mail we nt the run—up to christmas, royal mail went to the courts to preventmediation but it admits that industrial unrest could hit profits over the rest of the financial year. what about pension costs, things like that. royal mail is trying to adapt, close down expensive pension syste m adapt, close down expensive pension system and introduce a cheaper system, that is what the communication workers union does not like. another pressure on the company, the parcels market is extremely competitive, doing well at the moment but the run—up to christmas will be very important indeed. thank you very i like ted baker. i shouldn't actually endorse that. we will retract that comment. revenues up by seven points 2% in three months. bucking the trend with many clothing retailers, marks and spencer... i like them too. you like them too! spreading it about. digging myself deeper. let's move on. bank of england governor mark carney in the headlines... i like him to start your gushing today. i know. the bank of england in the news, read all about it on the website. you're w

it is tough to be the royal mail.en we look at the figures, you can see revenue has gone up, sorry, volumes, not revenues. they are being squashed. the big time as christmas. we send parcels and letters. recruiting 20,000 extra staff. as you said, so much competition. they have to get it right. there will be a lot of relief. they went on to a process with unions voting to have a strike before christmas. they then went through the process and are now in arbitration. a lot of relief. a small chance of any action. with the ongoing issues with the unions, there is a difficulty. they are under pressure to cut costs. 190 million pounds needs to be cut. they are looking at the pension, which is are looking at the pension, which is a difficult area. they have already announced they are closing the current pension to help in the spring. they will look at what the contribution will look like. if, over time, during the negotiations, they have to put in more, that will put pressure on the profits as well. a lot to contend with, e

richard, let's move on to royal mail. royal mail often has troubles over the christmas period., the saviour of the world. the price is the highest achieved at auction for any work of art. leonardo da vinci died in 1519, and there are fewer than 20 of his paintings in existence. our arts correspondent david sillito reports. and so, ladies and gentlemen, we moved to the leonardo da vinci, the salvator mundi. the salvator mundi, by leonardo da vinci. for this sale, the record price wasjust over $100 million for an old master. it just 28 seconds for that record to fall. at 110 million, who will give me... two minutes later, this. 190,200 million is bid, at 200 million. at 200 million. it had broken all sale records and we were only just getting started. this painting is what you might call the ultimate trophy work. there's only one in the world. so if you buy it you are the only person who's got the last leonardo da vinci in private hands, and you have got the ultimate trophy. 290? 300. i thought so. £300 million. applause and that was the record for any painting, smashed, and ther

mixed news in the post for royal mail this morning. revenue up 2% to £4.8bn. that's just for the first half of the year. however, its actual profits are not improving at all, and fell £2m to £250m. royal mail was privatised in 2013, and says competition is the problem, from dhl and federal express and so on — and costs are rising too. high street pawnbroker cash converters has warned customers about a data breach on its website. the company said customer usernames, passwords and addresses had potentially been accessed by a third party. the company told the bbc it was taking the breach "extremely seriously" and had reported it to the information commissioner. the government has announced it will help housing associations boost the number of homes they build by introducing new borrowing rules. figures out today show just over 217,000 new homes were added last year — that's still below the roughly 250,000 homes per year experts and many politicians say britain needs to build just to keep up with demand, which has outstripped supply pushin

this is about the royal mail delivering hundreds of thousands of letters to people, sometimes vulnerable amount of complaints they have been getting about this and actually what is really good, that i read in this article is that actually the relatives of elderly people have been complaining and saying that these mailshots are coming through these mailshots are coming through the door thick and fast and that it is not always, it is not good for older people to have these because they might do things and they might be voting with their heart. it is a very aggressive trade i think, raising money for charities these days. does seem to be about a loophole because a fundraising regulator was set up after a very well—publicised case of a woman who was said to take an error in life after being bombarded with these requests. apparently charities have found a way around the new regulations. yes, if they do it anonymously, mass mail outs, then they're risen to way to stop them from delivering to a certain address. 240 million anonymous letters were sent in 2013. it is extraordinary. no huge number

a set of six commemorative stamps have also been issued by royal mail, they feature the couple's engagement and wedding. they are the first royal couple to celebrate their platinum anniversary. time to take a look at the weather now, that is with phil avery. good morning. glorious enough through my front door here in central london. but i have to acknowledge straightaway, it is not like that every word. further west, the more likely it is your skies are looking like this. the cloud pretty extensive and has been for much of the morning across parts of the far south west as well. we have had some rain already from this. plenty of showers still rattling along. through the afternoon, nothing changes much, still pretty cool over in the east. in the west, the cloud is associated with these fronts, which dry further towards the north and east. that is some snow across the higher ground in scotland, above about aoom medley the most part so not a big issue if you're moving around first thing. but there will bea around first thing. but there will be a lot of servers water, some hill fog and the heavi

a set of six commemorative stamps have also been issued by royal mail. and wedding. they are the first royal couple to celebrate their platinum anniversary. many congratulations. driverless cars, new homes and disposable plastic containers will be on phillip hammond's agenda, when he delivers his budget this week. westminster watchers say he'll also be concerned with presenting a positive vision for post—brexit britain, and creating a moment of unity for his party. henry mance is the political correspondent for the financial times, and joins us from our london newsroom. good morning. we were talking to our political correspondent earlier and this is the weekend when the leaks started to come out ahead of the budget. anything surprise you? we have seen philip hammond talk positive about housing. it is not really surprising because we know the conservatives and labour leave this is an area where young people are being squeezed out of the housing market. homes costing too much. he is trying to be as bold as he can be without annoying traditional conservativ

mixed news in the post for royal mail this morning.year. however, its actual profits are not improving at all and fell £2 million to £250 million. royal mail was privatised in 2013 and says competition is the problem, from dhl and federal express and so on. it also says costs are rising too. online takeaway servicejust eat has been given the green light by the competition and markets authority for a £200 million takeover bid of its industry rival hungryhouse. just eat said it expects the transaction will now complete at the beginning of 2018. more on those sales. uk retail sales fell by 0.3% in october compared with the same month a year earlier, according to the office for national statistics. that's the the first annual fall for four years. the most obvious explanation is that prices are rising faster than wages and that's people simply can't afford to buy as much as they used to. inflation is currently at at a five year high of 3%, while wages are rising at a rate ofjust 2.2%. the difference, crucial. let's talk a retail analyst. wa

a set of six commemorative stamps have also been issued by royal mail, they feature the couple's engagementlatinum anniversary. let's ta ke let's take a look at the weather forecast. it looks like a cold start down a large part of the country this morning. i would have put some numbers on this to give you a sense of how chile to start is. a different story out of the south—west. it is as warm as 10— out of the south—west. it is as warm as10— 11— out of the south—west. it is as warm as 10- 11- 12 out of the south—west. it is as warm as 10— 11— 12 in some parts because you never lost the cloud overnight. 0ther spots certainly did and that is leading to that breitbart frosty start to the new day on sunday. there still is some speck of rings of showers across the far north—east of showers across the far north—east of scotla nd of showers across the far north—east of scotland but wind nowhere near as strong here on land at least as it has been for the past few days. still fairly blowing across the north sea. here we are, mid afternoon, quite a bit of clout coming back into the western side andi

a set of six commemorative stamps have also been issued by royal mail, they feature the couple's engagementst royal couple to celebrate their platinum anniversary. congratulations to them, quite a milestone. cat will have the sport at the bottom of the hour and we will get the latest weather. victims of domestic abuse are too scared to leave violent relationships because they're worried their pets will be maimed or killed. a bbc investigation discovered more than 700 cases last year where abusers had hurt family pets and other animals. charities have told five live investigates the figures could be much higher. there are now calls for funding for refuges that accept pets. let's speak to gemma willis — who was scared to leave a relationship in case her partner killed her dog — and from brighton, lisa king from the charity refuge. good morning to you both. who have you got with you? dusty. he was one of the reasons that you are very scared to leave an abusive relationship? dusty is more like my child than a pet. the level of commitment, loyalty, love and compassion i have for him, i hold exac

a set of six commemorative stamps have also been issued by royal mail, they feature the couple's engagementlook at the weather now. hello. a fine end to the data much of the country, but change is that through the evening and overnight. a frontal system moving eastwards, head of it clear skies and an early frost but eventually our picks of rain, strengthening breeze into northern ireland and scotland, snow over the mountains, rain into northern england. further south, drier and cloudier and a mild night orjust gone. rain still with this tomorrow morning, rainy and a00 metres above will have snow. this rain will take its time leaving southern —— northern england but behind it, cloudy and mild day england and wales seeing, but still cold. another system set up for a pattern of unsettled weather much of the week so you further outbreaks of rain on tuesday, heaviest in scotland, northern ireland and northern england. hello. this is bbc news. the headlines...

a set of six commemorative stamps have also been issued by royal mail, they feature the couple's engagementversary. time for a quick look at the weather. dry weather on offer across many parts of the british isles. the cloud will start to fill in across western areas of wales, england and the western side of scotland, northern ireland. there will be bits and pieces of rain. despite the dry weather, sunshine in the east. not overly warm. five, six or 7 degrees. we push mild air overnight, which causes snow to form and lie above 200 metres initially on high ground to the north of the central belt in scotland. as we get into the first pa rt scotland. as we get into the first part of monday, we are going to find an awful lot of rain across a good pa rt an awful lot of rain across a good part of northern and eastern britain. that gradually pushes off into the north sea, leaving behind leaden skies, the odd bit of rain on the breeze. at least the breezes coming from the south—west. relatively mild across england, wales, northern ireland. a cooler feel, one of those days, i'm afraid, for the great

a set of six commemorative stamps have also been issued by royal mail, they feature the couple's engagementanniversary. time to take a look at the weather now, that is with phil avery. good morning. glorious enough through my front door here in central london. but i have to acknowledge straightaway, it is not like that every word. further

the royal mail is also issued a series of commemorative stamps.lobal news 24 hours a day powered by more than 2700 in oversts and analysts 120 countries. this is bloomberg. recap of today's market action as we start out with major averages in the dow and s&p 500. we do see this modest gains. in a possiblee shift of momentum. today really more neutral. let's take a look at the bonds slightly lower. 10 year yield is up area commodity down, really a standout. that could be due to dollar strength, the dollar index. it's all about bitcoin. up 7%. year,e than 1000% last that's what it was. >> intercom disclosed their purchase of the cbs radio portfolio to become the second-largest radio operator in the country. president and ceo joins us from the new york stock exchange where intercom rang the closing bell today. they provide programming for him to come stations that bloomberg provides programming for intercom stations. thank you so much for joining us. the keyword was number two. will is the plan to get to number one and take the title? >> we are happy

the royal mail has also issued a series of commemorative stamps.bal news 24 hours a day powered by 2700 journalists and analysts in over 120 countries, i am mark hunter. this is bloomberg. , twoe: after nine years presence of decisions, multiple byses, and countless and mental protests, transcanada has finally won approval to get that permit to build the keystone pipeline. it was all dependent on the brassica and that final portion. today three of the commissioners decided to grant the pipeline. .et's bring in tina davis the latest is that transcanada says it is considering it. why might it be just considering instead of a plodding and shovels to nebraska? tina: they did not get exactly the clear permission that they wanted. it approved an alternative to what the company had proposed. there were three alternatives that they were looking at and this was one of the ones that the company has to essentially figure out, do i still want to continue with the project? is this alternative going to make it economic to go forward? shery: that they talk to inv

a set of six commemorative stamps have also been issued by royal mail. ary. let‘s get the weather forecast with philip avery. hello. quite a bit of dry weather on offer throughout the rest of the day across many parts of the british isles but the cloud will fill in across western areas of wales, england, the western side of scotla nd england, the western side of scotland and northern ireland. bits and pieces of rain. sunshine in the east but not overly warm, up to 7 degrees. this comes in from the atla ntic degrees. this comes in from the atlantic overnight, causing snow to fall and lie above 200 metres on high ground to the north of the central belt in scotland initially. then as we get into the first part of monday, we will find a lot of rain across a good part of northern and eastern britain. that gradually pushes off into the north sea, leaving behind leaden skies, pieces of rain on the breeze, but at least the breeze is coming in from the south—west, so relatively mild across england, wales and northern ireland. cooler field, one across england, wale

and you like a royal stories of the daily mail.” printing money. r sister samantha who is apparently going to write a book called princess pushy‘s sister, and she would want an invitation to the wedding, but i would think writing a book called princess pushy‘s sister is not a way to endear yourself to your younger sister, although i am no expert. and the allegations levelled against her more seriously, we know that meghan ‘s mother is black and we hear that samantha a p pa re ntly black and we hear that samantha apparently made lots of racist remarks about her stepmother and her half—sister, so those allegations have been denied but there has been a lot of ill feeling and i would say this book is not the way to build bridges. could be a present for the wedding! i love this, to build bridges in time for the wedding, as if it is a done deal and definitely happening. it is not a done deal but meghan markle gave an interview to vanity fair, saying we are couple, they were photographed at toronto at they were photographed at toronto at the invictus games

the royal mail is recruiting an extra 20,000 staff. who trade and their peak performance time is over christmas, it means they have positions they have to fill which a time sensitive. industries such as hospitality, driving, logistics, warehouse, with record low employment for the last 42 years, it means these are positions they have to phil and they have to get a competitive edge. they may look at a associated with those roles. so what type of experience to people need for these jobs? again, it varies, but these are afoot in the door typejobs. it varies, but these are afoot in the door type jobs. used to have stu d e nts the door type jobs. used to have students outside of term time doing it and now people are looking at it for extra income, top up work. it can lead to permanentjobs, because of their nature, and if someone does well in thejob. of their nature, and if someone does well in the job. but yes, it is a case of we've got the national minimum wage, and we are driving prices up, and to get that competitive edge, employers are

very moving, and i have to say the daily mail generally does its royal stories very well, very well sourcedull—time royal, retired last summer, well into his 90s, and he is now living ona into his 90s, and he is now living on a cottage on the sandringham estate, apparently has a new kitchen fitted, a small staff by royal standards, four people looking after him, doesn't have them wearing their gilded uniforms. he likes them to wear ordinary clothes, and for him apparently, is reading, painting, quite a talented artist. he is having friends round, and the queen has decided, she is in agreement with this, she feels he has deserved this rest in his life, but of course for her it means it is lonely for her, because when she is on duty, in london, she is alone, having brea kfast london, she is alone, having breakfast alone, so life is just that bit tougher for her, she's doing this as a sign of love, i think, you know, they are approaching their 70th wedding anniversary later this month. a very long—lasting marriage, and she is saying, you have deserve this rest, even though for her it means a b

royal wedding to look forward to. expected to announce engagement to american actress. >> daily mail reports there's been many rumors aboutday bookies in the uk suspended their bets. spokesperson from the gambling company says royal watchers would love a christmas engagement. would be a very nice gift under that tree. >> okay. i hope they would love a christmas engagement. not just about royal watchers. >> yes yeah. we'll see. take your time. >> can you imagine the pressure? now you have to propose. >> i can imagine that. that's how i did it though. >> doesn't every man feel pressure though. >> did you have pressure from royal watchers. >> yes, i did. in north plat nebraska, i had pressure from royal watchers. >> they took bets on your wedding date. >> yes. >> it's just the same. how is that weather. >>> not that interesting. good morning. we do have some issues to talk about. see the fog about to take over the entire sfpan. both sides of the bay bridge. this is the way it looks from the rooftop. fog we talked about is sliding south now. it will start to retreat and turn over to haze by 10:00. partly sunny. mostly cloudy

that meghan markle is being guarded by royal protection officers as the palace prepares to announce her engagement to prince harry. so let's begin. we start with the mailay, and slightly confusing story, but this goes back to a letter written by michael gove. story of the night! people are getting excited about this. it is multi layered. we will go through point by point. earlier in the month, borisjohnson michael gove wrote a note to theresa may saying get tough. we need aid to accept tsar, we need this, we did that. and the mail on sunday, which gave us be that they were supposed to be for theresa may and gavin ba rwell to be for theresa may and gavin barwell only, they are now seeing the people behind this is this institute, anything tech. but this is not just any institute, anything tech. but this is notjust any old think tank. the men behind it apparently grew rich in rush hour thanks to their stakes in the big russian energy giant. they are said to be close to vladimir putin. whether or not the story really makes it clear, i mean, are you necessarily close to vladimir putin in those circumstances? i think there are some inference they are. yes, f

meghan markle is being guarded by royal protection officers as the palace prepares to announce her engagement to prince harry. let us begin our review today. the mailnday, it's all about michael gove and boris johnson, probably the two leading brexiteers. they wrote a letter to the prime minister secretly trying to get her to ta ke minister secretly trying to get her to take a tough stance on brexit. what is this link, alleged link with the russians? this story, it's a multi—layered story and you need to have a lot of background knowledge of who is who in think—tanks. have a lot of background knowledge of who is who in think-tanks. and a lot of music too. in order to be able to understand it. the bare bones seem to be there are the think—tanks that seem to be having a huge amount of innorwich unions on michael gove and boris johnson, notes of secret meetings. but the institute is interesting because the people behind it who're two very rich brothers who made their money through gazprom, the big massive russian energy giant. it's alleged they have links to putin. johnson and gove wrote a letter earlier on this month to mrs may saying you have got to

royal wedding to look forward to. prince harry is expected to announce his engagement to american actress meghan markle. the daily mail reports there have been rumors about a marriage proposal. bookies in the uk suspended bets. the gambling company said royal watchers would love to have a christmas engagement. prince harry's brother william married kate middleton in 2011. >> an varies not just for weddings and reunions one year ago to the day the missing mom was found. 150 miles away from her redding home. plus. >> this has gone on long enough. we want to take this to the voters. >> why a police issue is being put to the public to decide. that's next on abc 7 news at 6:00. >>> live where you live, this is abc 7 news. >>> after eight years of debates san francisco police leaders have finally approved taser for officers but the public could get the final say on how they're used. abc 7 learned the police union filed papers with the department of elections saying it will circulate petitions for a june referendum. >> and that will determine a policy for the use of tasers. vick lee with a story only on abc 7 news. >> we wil

royal wedding to look forward to. prince harry is expected to announce his engagement to american actress meghan markle. the daily mail reports there have been rumors about a marriage proposal. bookies in the uk suspended bets. the gambling company said royal watchers would love to have a christmas engagement. prince harry's brother william married kate middleton in 2011. >> an varies not just for weddings and reunions one year ago to the day the missing mom was found. 150 miles away from her redding home. plus. >> this has gone on long enough. we want to take this to the voters. >> why a police issue is being put to the public to decide. that's next on abc 7 news at 6:00. >>> live where you live, this is abc 7 news. >>> after eight years of debates san francisco police leaders have finally approved taser for officers but the public could get the final say on how they're used. abc 7 learned the police union filed papers with the department of elections saying it will circulate petitions for a june referendum. >> and that will determine a policy for the use of tasers. vick lee with a story only on abc 7 news. >> we wil

world bank very limited seriously send us an e-mail i says was it to buy americans by the israelis unfortunately by financial support of some. bits royal contrie. for making unsafe you. when i was still seemed wrong. but i. just don't. i mean you get to shape out just being kind to educate and in detroit equals betrayal. when something you find themselves worlds apart we choose to look for common ground . greetings and salutations. life is a struggle a constant struggle from the lowliest of service to the highest of kings we will all face struggle struggle for shelter food dignity and respect the struggle for wealth power fame and legacy whether your shoes are old and tattered or brand new leather there will always be struggle but there is beauty in that struggle the city of baltimore is a city built on that struggle from the economic book book cooking and city hall to the shadow economy street justice that half the city lives under the struggle is won't woven into the very fabric of the city it's between every rowhouse on every street corner and on every dock in the harbor and recent history we've seen the struggles the struggles of b

royally? >> i guess >> i was e-mailing with somebody in sawedy this morning who was saying they're getting roomervice, though. and that's good room service >> it is it was at the poor princes that are on the bare mattress where is prince al walee right now? >> i do not know >> okay. >> to me, the question is what happens once and if they leave the ritz carlton >> what's the next step? >> they're not going to take over the ritz for the rest of their lives. >> and then you've got the president. you've got a lot of people cynically viewing this as a power grab and then you've got the president totally come down on mbs's side saying a lot of this these guys, in his word, this is a quote from a tweet, some of those they are hashly tweeting have been milking their country for years. >> it could be both. you could be using this corruption because it's a way of doing business in saudi arabia you can be using it as a way to consolidate that much like president xi has been done but you only use it against your political enemies. >> are they.popular among the locals and the millennial generation >> they l

mail are falling at the most since 1989 and are at the lowest in nine years. the company has a poor outlook for next year. joining us is taylor riggs. the royaling is not enough for it to stay profitable? taylor: what analysts were frustrated about is that they transitionalbe a year. analysts are concerned about why is this still happening, when we going to see change, how fast can we see change. another thing driving the shares to the five-year low as we are seeing weakness across all of the different sectors. the company is trying to transform from a tabloid publisher to a global media company. how do they do that? the company did not give any specific revenue guidance, but when we were looking on the terminal, you can see that revenue might be about flat for the next two years. already coming off of a 20% drop last year. they said they have done some asset sales. it has been difficult. mark: taylor, any bright spots for the company? digital, maybe? taylor: yeah, if there is one bright spot, it is digital. today,its first profit so that is good, but like you said, the print side continues to struggle. they said that the property information

paper the daily mail who called the actress almost straight out of compton a reference to a rap album from the one nine hundred eighty s. and her race was talked about so much that the royal family actually released the rest statement last year confirming their relationship and saying a line was crossed calling it outright sexism and racism of social media trolls. but at least today the message appeared more positive and these are just some of the tweets we've been seeing sickening at them up for you yeah prince harry among a black woman one of the biggest hits against racism and hates and some are also says that prince harry's future mother in law is a black woman with drug locks there are no words for this kind of joy but as this use the points out it also means that the end of a dream for women all over the world who wish to marry the prince so some others already offering how much the wedding will actually cost william in case wedding cause that cost taxpayers around thirty million dollars so let us know what you think about this get in touch with us using the hash tag news grid or message me directly i'm. sorry. thank you coming up. in the break in just a moment for

mails. i flag them and never going back to them. >> if you find anything amazing let us rumors were right. the royale confirming over night prince harry and meghan markle will tie the knot. she'll take on on her biggest role yet a princess. much more on the breaking news coming up in a few minutes, and of course we are excited here because we are all living for this. this shows everyone is find her prince. >> live pictures of the gardens at kensington palace we were just looking at. keeping that picture up. we're waiting -- >> they're supposed to have a photo op. >> as an officially engaged couple. >> zoom in on the ring. >> air tonight on british television. >> very excited. >> wait. >> wait a minute. >> breaking news. >> we did hear -- there they a are! >> i need to look what she's wearing. >> she's wearing white. >> beautiful. >> oh, my gosh. >> like a bride should. >> shhh. >> maureen, he's wearing a suit and she's wearing a coat. >> be quiet, steve. >> they're not talking. why do i have to be quiet. >> look. can you imagine. >> we'll sit in >> diana so proud today. >> yes, she is. >> beautiful