simonjack, bbc news.r employer in the west midlands — many local businesses and communities rely on it. so what impact will the job losses have for them? sima kotecha has been finding out. manufacturing is what they do in the midlands — its economy depends on the sector. here in warwickshire, they make 40,000 metal components forjlr every month. and job losses there are causing nervousness here, because of potential effects to the supply chain. if they're cutting down on important jobs like the design functions and things like that, where is the future of the business going? are they continue to build new models? you know, will they be built locally? will they be built in other areas of the world? but it could have a major effect throughout the whole of the industry, and it's disappointing that it's focused here in the west midlands. jlr is often described as the powerhouse of the west midlands. it's a region that has a rich manufacturing heritage, with companies such asjlr forming the heart of communitie

our business editorb simonjack reports. —— our vusiness editor, simonjack reports.the most successful consumer product of all time. the launch of a new model is a global event and, so, therefore, is a surprise warning from the chief executive that sales are not on target. the value of the company slumped over $60 billion in seconds. this once trillion—dollar company has now lost a third of its value since october. so, what's going wrong? we've all got smartphones now and they all work pretty well and there are a tonne of other smartphone makers out there. just a lot of competition. apple's high prices, very ambitious expectations for consumers to continue buying the next new, big, shiny thing are not quite being met. it's not just about these, the iphones. embedded in the apple boss' surprise message was a warning that could have implications for big companies, big employers all over the world, including here in the uk. the warning is this — everything is not going exactly according to plan in the world's second biggest economy, china. this manufacturing and exporti

simonjack king switzerland, thank you. congress, frances o'grady, has told the prime minister to "stop playing to the bad boys at the back of the class" over brexit, and "start listening". theresa may is trying to find a compromise with union leaders after her brexit deal was voted down by mps last week. jeremy corbyn is still refusing to hold talks with the prime minister whilst the possibility of a no—deal brexit is on the table, but labour itself is struggling to contain its own divisions on the best way forward. our political editor laura kuenssberg reports. look who's come to tea. what will you be saying to the prime minister, mr mccluskey? len mccluskey, union leader, who has never even met the tory theresa may before. but since her deal went down, number ten badly needs help. don't hold your breath. i'm not full of optimism, but is this just a pr stunt for you, for the media, and for you to say that you've consulted with trade union officials? or is this a genuine attempt to see if we can talk about issues that matt

he told our business editor simonjack that he wants to see a more level playing field for us firms dealing the stand the trump administration is taking. i think one of the things will be dealing with is china as an up—and—coming economy that has become much bigger and much more important. the us has obviously been the economic leaderfor a important. the us has obviously been the economic leader for a long important. the us has obviously been the economic leaderfor a long time and there are a handful of issues with which the us and china are in conflict. the us would like to see china opening up its markets more quickly, it would like some protection with respect to property rights and technology. the process of resolving these issues and moving forward a long with the issues on trade is something i think that will dominate the narrative between the us and china for some time. i think we will make progress but acting is something that will be part of the economic narrative for a period of time. it seems to me that the us was very happy when they were designing items in the us, assembling th

simonjack, our business editor is here. what has happened to britain's nuclear ambitions?ts of sites identified for new nuclear power stations. of those, one is under construction, three have folded and two are struggling to get a green light because the economic landscape has changed. it's about money. basically nuclear energy is very expensive, costing a tonne of money to build these things, and in the meantime renewables have come down in price. a couple of years ago, £147 per megawatt hour, and now 57, cheaper than nuclear. renewables say sometimes the sun doesn't shine and the wind doesn't blow, but intermittency problem is, but if you wa nt to intermittency problem is, but if you want to go nuclear, you want to back smaller nuclear reactor technology that they may win the arguments but it is getting to be a much harder economic argument to win. simon jack, thank you. the barrister representing david duckenfield has made his opening remarks in defence of the hillsborough match commander. ben myers qc told the jury at preston crown court that the former chief superinte

our business correspondent simonjack is in davos as ever. will w he ,, , ,.. i understand your frustration . é i'm trying a line . é i'm trying - a line here. but i'm trying to walk a line here. if we ignore the economics of this, the politics would be - if we if we ignore the economics of this, the politic politics, e- if we be we'e tazia ' ' ground where - reach a both said bear clack - said bear clack - said be is to people to to - people to do that. many people are still for their preferred, most advocating for their preferred, most pure version of the outcome. what we needed that time pressured to start to make people think about solutions, about finding common solutions, about finding cemmen and solutions, about finding common and a compromise that allows ground and a compromise that allows us ground and a compromise that allows us to go forward as a nation. it might not be everybody's or indeed anybody's first choice, but we have to find a compromise, if we're going to find a compromise, if we're going to do this successfully and in a

simonjack, bbc news, davos. well, president trump has tweeted in the last few hours.e says: "china posts slowest economic numbers since 1990 due to us trade tensions and new policies. makes so much sense for china to finally do a real deal, and stop playing around!" so, rico, that's not going to appease the chinese, is it? well, absolutely. pressure on china to cut a deal. the truce deadline with the us is march 1st. if there is no resolution, trump will impose more tariffs on chinese goods and this will surely impact the economy. but china's economic slowdown has been predicted for quite some time. beijing has been saying that its focus is more on quality, not quantity, of growth. less reliant on exports and focus more on domestic demand. but, as the saying now goes, when china sneezes, the world catches a cold. we will have more on this economic slowdown in china on asia business report after newsday. our other top stories this hour: the british prime minister, theresa may, has outlined her next steps towards resolving the deadlock over britain's exit from the eu. m

he has been grilled by my colleague simonjack drake said. he aired his frustration, he said both sides are still dug in their positions. as opposed to coming together to get a deal done. you've got a real sense of his frustration. about the deadlock in westminster at the moment, something that's been discussed quite a lot here in davos. let's listen in to say. we need to bring this to a conclusion, we need to use the pressure of time to force people to face up to the reality that we are in, to deal with the clear challenge, the clear choice that we have to make about how we go forward and i'm repeating myself, but the only way to get a good outcome here is for people to compromise, to agree a deal that allows us to respect the referendum decision to go forward in a way that protects our economy and crucially important, he of the nations that they can go forward because a divided nation will never be a successful nation. what have other business leaders been seen to you about brexit? i have to say they are all extremely frustrated. similar se

our business editor simonjack reports. now, let's talk about iphone...ccessful consumer product of all time. the launch of a new model is a global event and, so, therefore, is a surprise warning from the chief executive that sales are not on target. the value of the company slumped over $60 billion in seconds. this once trillion—dollar company has now lost a third of its value since october. so, what's going wrong? we've all got smartphones now and they all work pretty well and there are a tonne of other smartphone makers out there. just a lot of competition. apple's high prices, very ambitious expectations for consumers to continue buying the next new, big, shiny thing are not quite being met. it's not just about these, the iphones. embedded in the apple boss's surprise message was a warning that could have implications for big companies, big employers all over the world, including here in the uk. the warning is this — everything is not going exactly according to plan in the world's second biggest economy, china. this manufacturing and exporting superpo

simonjack, bbc news, davos.ollege of emergency medicine says that after a quieter start to the year, the pressure has intensified this month, and if there's a severe cold spell, patients will endure even longer waits. nhs england says fewer people than last year are spending long periods in hospital. our health editor hugh pym has had unrestricted access to royal bournemouth hospital, which serves one of the largest elderly populations in england. we have had 19 ambulances since midnight last night. what's your eta, please? i have a phone that rings constantly. i did hear them say they don't have any beds... i've got staffing issues throughout. are you still comfortable? i don't know how long i've got to wait. the longest wait to be seen is three hours and eight minutes. feeling frustration. it's busy, but there is flow today, which is quite nice. theirjob is to treat the sick, but just as important is what they call flow... at the current time we have one patient in resus... ..getting people through the hospita

simonjack, bbc news.e'll be asking a motoring journalist what these expected job losses could mean for the rest of the uk's car industry. we now know more about the timetable next week should the prime minister lose that crucial vote on her brexit deal on tuesday. it follows another day of fiery exchanges in the house of commons with speaker at the centre of more controversy. 0ur political correspondent iain watson is outside parliament with the latest. good morning to you. it was a busy day yesterday in the commons and it was a pretty fiery day. start with what we do know about next week. yes. it was indeed a fiery day as you suggest, charlie. the speaker, john virgo, challenge for more than an hourfor john virgo, challenge for more than an hour for his john virgo, challenge for more than an hourfor his decision john virgo, challenge for more than an hour for his decision to allow a motion that would effectively mean the prime minister has only three days to come back to parliament with a plan b if the d

simonjack is in our business unit. these look like alarming figures.r industry is pretty lumpy at the best of times, as new models come in and old ones are retired, but even allowing for that, these figures look stark will stop in 2015, the industry invested £2. 5 will stop in 2015, the industry invested £2.5 billion in the uk, and that's fallen every year, and last year it was 585 million, a fall of 80%. it's been a tough period for the car industry, not all brexit related. we've had a fall in china sales, new regulations have held up production, but the industry itself is clear that brexit is the biggest threat to the competitiveness of the uk car market in a generation, and they are obviously super—sensitive to these supply chains, these finely tuned pan—european supply chains, and any hold—up, even a component arriving at a production line, can stop production lines in total. we have seen thousands ofjob losses already, and many people are saying that the lack of investment means that the lack of investment means that investment today is about the

here's our business editor simonjack. there are apple specific issues here.hey need to update all the time to ever flashier, ever more expensive models is right up there for one of their problems. but they were very clear and this is what shook the markets a little bit today, was that they said they hadn't anticipated the material slowdown in spending in china and that was what was behind them missing their sales numbers. and then everyone thought gosh, if the chinese consumer isn't spending, what the hell is going on. so to the extent the chinese economy is slowing down because there is a trade war with the united states, you have the head of the council of economic advisers at the white house saying, it's notjust going to be apple, there will be a heck of a lot of american companies that deal with china who are also going to see earnings slowdown. at some point, can the white house really afford for the chinese economy to carry on slowing like this? what's happening, the great hope for the chinese economy is it would move from being this exporting, manufact

simonjack concluding that look ahead to the year. time for the weather forecast with matt taylor.chy fog. what is happening at the moment is this massive area of high pressure is moving its way in. low pressure is moving its way in. low pressure to the east. because of the flow of winds, they are dragging an errorfrom flow of winds, they are dragging an error from the north. flow of winds, they are dragging an errorfrom the north. the flow of winds, they are dragging an error from the north. the cold air with snow is in eastern europe. high pressure dominating, keeping things right. some showers in northern and eastern parts of the uk. it could be wintry in the north of scotland. the re m na nts of wintry in the north of scotland. the remnants of that weather front towards the far south—west. this afternoon if you are out for a walk to get rid of the christmas excesses , breezy to get rid of the christmas excesses, breezy in the north—east. the winds nowhere near as strong as they have been. winds like elsewhere. some patchy cloud, some showers. the remnants of the weather front i

our business editor simonjack reports. now let's talk about iphone.and so, therefore, is a surprise warning from the chief executive that sales are not on target. the value of the company slumped $60 billion in seconds. this once $1 trillion company has now lost $400 billion in value, that's nearly two shell oil companies, since october. we all have smartphones, and there are tonnes of competition. apple's high prices are very, apple's high prices, very ambitious expectations for consumers to keep buying the next new big shiny thing are not quite being met. it is notjust about these, the iphones. embedded in the surprise message is a warning that could have implications for big companies and employers all over the world, including here in the uk. the warning is this: everything is not going exactly according to plan in the second biggest economy, china. this manufacturing and exporting superpower had hoped to shift more towards an economy in which the spending of increasingly affluent chinese consumers would drive growth. if that plan bore fruit, it w

speaking to the bbc‘s business correspondent simonjack at the world economic forum in davos, meteuszere over — and the ball was now in the british prime minister's court. our business editor simon jack joins us live from davos in switzerland. tell us more, simon. poland has been quite sympathetic to the uk in grappling with the eu because they think some, like some elements of the uk political establishment that the uk political establishment that the eu is too critical of their energy policy and what they have done to theirjudiciary, and the foreign ministerfrom done to theirjudiciary, and the foreign minister from poland actually suggested to try and help out the negotiations, that this backstop that we have been defining all day should be time limited to five years they help theresa may get that deal through. that infuriated the eu 27 and michel barnier. they said that is not up for grabs, a time—limited backstop is not really a backstop at all. i asked him whether giving his intervention, he thinks it might be a good idea to reopen negotiations. we have closed negotiations in nov

our business editor, simonjack, has the details.d rover has enjoyed a great run for nearly a decade, but recently it's come to a shuddering halt. today's lay—offs are part of a £2.5 billion cost—cutting plan designed to combat a perfect storm facing the uk's biggest car maker. sales in what was the company's biggest market, china, have fallen nearly 50%, as consumers there hold back on big purchases amid global trade tensions. jlr has also been badly affected by the diesel emissions scandal, as 90% of its vehicles are diesel powered. today's job losses come on top of cuts to the workforce and production last year. but jaguar has been increasing its headcount elsewhere in the world. 4000 workers have been hired in china since 2014. production of the land rover discovery is being moved to slovakia, with plans to hire up to 3000 workers. the company has warned that a no—deal brexit would cost it more than £1.2 billion each year, wiping out any profit. and that uncertainty has been deterring further investment in the uk. if, as expected

our business editor simonjack said that investment in the industry has fallen every year since 2015.esel policy, following diesel gate, we have had falling sales in big markets like china, and also new regulations which have held up production. what is stark about today‘s figures is that in 2015, investment in the uk car industry was £2.5 billion and it has fallen every year since then. last year, it was just under £600 million, a fall of nearly 80%. it can be lumpy, car investment, but those are stark figures. that is aboutjobs of the future. the smmt have admitted there are other issues, but they say a lack of investment is brexit related, and they said that a no—deal brexit is the biggest threat to the competitiveness of the uk car industry in a generation. they are desperate and have sounded some of the shrillest warnings of the dangers that could do to the sensitive, pan—european supply chains, they want it seen it take off the table. this is notjust what people are saying, these numbers on investment are what people are doing. when you talk about supply chains, this just in tim

here is mr soloman talking to our business editor simonjack.t. but i would say, over time, if this is resolved in a difficult way or in a hard way, i do think, over time, it'll have an impact on where we invest and where we put people. all these things ultimately have an impact on the investment decisions and the business decisions that all of us as business leaders make, and so the outcome of this over time i think will have an impact, depending on how it's resolved. fuller's, the brewer whose beers include london pride, is to sell its entire drinks business to japan's biggest brewer asahi. fuller's said the deal — which also includes cider and soft drinks brand cornish orchards and craft cask brewer dark star — was due to "structural changes to the beer industry". as a mid—sized brewer, the company said it was being squeezed between the global brewers and the 2,000 smaller brewers across the uk. the campaign for real ale said it was a "sad day" for the industry. neil wilson has been looking into this. he is chief analyst at markets.com. first

our business editor, simonjack, has been following developments.st—cutting plan designed to combat a perfect storm facing the uk's biggest car maker. sales in what was the company's biggest market, china, have fallen nearly 50%, as consumers there hold back on big purchases amid global trade tensions. jlr has also been badly affected by the diesel emissions scandal, as 90% of its vehicles are diesel powered. it has been making great profits up until last year. it is this combination of events that has hit it. because its smaller in global terms than perhaps some of its rivals, in terms of sales it's a quarter of the size of a rival like bmw or audi, it will feel the pain much earlier. today's job losses come on top of cuts to the workforce and production in the uk in the last year. but jaguar has been increasing its headcount elsewhere in the world. 4000 workers have been hired in china since 2014. production of the land rover discovery is being moved to slovakia, with plans to hire up to 3000 workers. the company has warned that a no—deal brexit w

adam fleming in brussels, but first to the world economic forum in davos, and our business editor simonjacknificance, really, of what the chancellor has said in davos? he walked into a relentless barrage of anxiety and criticism from companies here, bombardier, ford, a brass yesterday said it was a disgrace that they we re said it was a disgrace that they were still in the dark. —— airbus. he is trying to understand and sympathise with the frustrations and get to a compromise. he is saying to ignore the politics of this, the economics will be easy, but they have to land somewhere in the middle. the question is, why not extend the time frame, he has said thatis extend the time frame, he has said that is not very helpful. one thing getting people to the wicket is the urgency of the clock ticking down. what about a second referendum he has been asked? he has said that is not good off because parliament is not good off because parliament is not taking its responsibility. he is saying, stick with us, there is still in negotiation going on. that is something that bruno le maire, you have the napp