of terrorism or discuss this issue we've joined now by ramadan foundation chief executive and stephen morris of the english democrats party gentlemen great to have you both on the program. today a lot to discuss a lot of questions. if i can start with perhaps police warn is could provoke terror attacks they could provoke some sort of disservices i mean isn't that justification isn't dangerous enough to warrant deportation in any circumstance. well let's just assume that this person was actually living in judea was living in the middle east how would they then stop his speeches and we know what. in two thousand and eighteen a vast majority of terrorist and sympathizers who are being groomed and brainwashed are done through social media and the internet i do think there is a problem here with extremist preachers people who come into the united kingdom you know france european union have to sign up to the values of tolerance and respect respect for different faiths different ways of life i think it's very very important and one of the other things that we constantly get told about by the west w

stephen morris is here, u.k. banking reporter for bloomberg news.ting to settle this case paid off for barclays. >> most banks fell in line and paid what the department asked of them, but barclays took a contrarian bet in 2016. take us to court because we don't think we should be paying any more than this. and it paid off. they wanted to cap the annuity of $2 billion, and that is what happened. a rare gamble for a bank paid off. >> welcome back to bloomberg best. abigail: this week, francine lacqua sat down with ims managing director christine lagarde, meeting in berlin where lagarde gave a speech on strengthening the european union. she says integration is still short of what is needed. >> why has it been so slow? >> i would not say that. in times ofthat crisis, when there was necessity, they eventually moved very fast. the euro area was clearly incomplete and needed to be strengthened. they put up a firewall, reinforced the banking system. to a closer came accountability, but it is still short of what is needed. talk, moreore accountability, and m

stephen morris is here, u.k. banking reporter for bloomberg news.ting to settle this case paid off for barclays, didn't it? >> that is right. most banks fell in line and paid what the department of justice asked them. barclays took a contrarian bet at the end of 2016 -- take us to court, because we don't think we should be paying any more money on this, and it has paid off. we reported in october 2016 that they wanted to cut the penalty to $2 billion, and it paid off. ♪ >> welcome back to "bloomberg best." this week bloomberg sat down exclusively with imf managing director christine lagarde. they met in berlin, where largarde gave a lecture on strengthening the european union. she told francine euro area integration is still short of what is needed. >> why has european integration been so slow? director lagarde: i wouldn't say that. i would say in times of crisis where there is a necessity, they eventually moved very fast. the euro area was clearly incomplete and needed to be strengthened. they put up a firewall. they reinforced the banking system.

stephen morris enjoyed thank you to iain stealey, fixed income portfolio manager at jpmorgan asset managementite done yet. he will be joining us on bloomberg radio, london dab digital. we will be carrying on the conversation as match and i will be carrying on -- matt and i will be carrying on the conversation. a group anticipates full-year billings. the early call i saw miss was plus 10%. we are plus 18% on this stock this morning. details will follow. this is bloomberg. ♪ guy: 44 minutes into the trading session here in london. the weather has changed. matt talks about the fact that it has not reined in berlin. today, a very different picture. this is your weather report. we are talking a little bit about what's going on in the markets. let's find out the details. here's nejra cehic. nejra: let's start on the upside. intraday gain on record. billingsning after growth towards the top end of its previously guided range, up 18% right now, but earlier, up by as much as 20%. on the downside, btg, the global health care company dropping the most since november of last year. full-year revenue came

we get with stephen morris. how global is barclays? are they a little united kingdom bank?brothers business in new york. that is really their only two investment banking centers. it will fail or succeed. what they need to do is get higher returns from their u.s. business. nothe moment, they are making headway in winning back market share. i had a conversation with a man at the -- at davos. in terms of who has the better business mix, barclays is in the better situation. they have a good u.k. retail bank and eight good global -- and a good global credit card business. deutsche bank does not have that. that is why they are trading at such a steep discount. guy: explain why barclays has a lower rating than deutsche bank. aforementioned retail bank is separated from the investment bank and they cannot help fund each other, they cannot share profits. the ratings downgrade from moody's is a reflection of that. the investment bank will have to live and i on its own and earn its own keep. -- live and die on its own and earn its own keep. barclays has a lot of expensive debt it want