tesco have announced this is.e carrier bags in england since october 2015. when it first came in obviously it was a bit of a shock because we're not used to paying for bags but i really think, a lot of the supermarkets put their money into good causes rather than keep it for themselves. if i have good causes rather than keep it for themselves. if! have to pay good causes rather than keep it for themselves. if i have to pay the mp it's my own fault sol themselves. if i have to pay the mp it's my own fault so i don't mind, it's my own fault so i don't mind, it's reasonable, yeah. if you can rememberto take the it's reasonable, yeah. if you can remember to take the bag, that's the biggest problem. i've got one in the car now. james lowman is the chief executive of the association of convenience stores, which has over 30,000 members. good morning. good morning. what are your thoughts? the carrier bag charge has been released accessible, it's seen a reduction in usage of plastic bags. as bagai said on the film, retaile

tesco will stop selling 5p carrier bags at the end of the month.market will only offer bags for life, costing iop. tesco says that despite the government clamping down on free single use bags in 2015, it still sells 700 million 5p bags a year. it's hoped the move will encourage shoppers to re—use more bags. an australian teenager is recovering in hospital after being bitten by mite—sized sea critters. 16—year—old sam kanizay found his feet and ankles covered in blood after soaking his legs in melbourne's brighton beach on saturday evening. the teenager had stood still waist—deep in dark cold water for about half an hour but says he didn't feel a thing. it was a bit of a shock. a random thing to see. no one has seen anything like it or anything before. i walked out of the water, so what i thought was sand covering my ankles and a lot of calf, so i shook it off quite hard and it came off and by the time i walked across the sand, about 20 metres, to put my songs on, i looked down and i noticed i had blood all over my ankles. -- thongs. that's a summar

the times has tesco stopping selling disposable bags. long ago they only started to sell them. the banning of plastic bags has been one of them were successful campaigns in recent times because everyone com pletely recent times because everyone completely changed their behaviour overnight and that question, do you wa nt overnight and that question, do you want a bag and having to pay for it? that has changed things. so you take your own shopping bags? yes, i do as much as possible but sometimes you do forget. i am like a fiscal stimulus for these bikes are life, i have 150 bags for life in my house because i never have 150 bags for life in my house because i never ever have 150 bags for life in my house because i never ever remember to ta ke because i never ever remember to take them with me! that is what this country needs! let us talk about the garden —— the guardian. several workers in the us have been told they cannot use the term climate change any more. yes, it has come from the us department of agriculture, so therefore straight f

tesco is a good example.the long-term future for that business, despite the headwins. i like investing in stocks at the moment, where people snicker when you mentioned them. because they are the ones where esotericind iss value. there is going to be a very uncertain future. it's nice to own stocks where you have a margin of safety and they are in control of their own destiny. matt: i do love u.k. supermarkets, but i wonder about the future of any company that has to look at a pound that is so uncertain. are you not concerned about that effect on tesco? >> in the shorter-term, obviously, i am, but in the longer-term, the pound has moved around in huge swings in the last 30 years. if you look at tesco's glory days, it does not seem to affect them in the long-term. can calles companies for that in the longer term. in the shorter-term, you end up with lower cash flow from hedging, but in the longer-term, it is not a big issue. matt: freddie, we are not quite done with you yet. we will carry on the conversation wi

tesco will stop selling 5p carrier bags at the end of the month.fer "bags for life" costing 10p. tesco says that despite the government clamping down on free single—use bags in 2015, it still sells 700 million 5p bags a year. it's hoped the move will encourage shoppers to re—use more bags. the labour leaderjeremy corbyn has condemned the violence in venezuela, but stopped short of criticising the country's president, nicolas maduro, who he has expressed support for in the past. more than 100 people have died in anti—government protests in venezuela over the past few months. now, mr corbyn is facing calls to publicly criticise the country's leader. 0ur political correspondent vicki young reports. back from holiday and back on the campaign trail. jeremy corbyn says he and his party were written off but proved people wrong. he hopes this summer tour of britain will build on the progress made at the election and he will focus once again on public services. it's no good congratulating firefighters, paramedics, police officers, for running into a burning

tesco will stop the sale of 5p carrier bags across the uk in three weeks' time, and will instead offerghest among the major supermarkets, but sales will end in stores on 28 august. the ftse has been boosted by mining companies. their shares been going up because of higher prices for metals. shares in glencore rose more than 2%, while bhp billiton and rio tinto were both up by more than one and a half per cent. paddy power was the biggest faller on the ftse — after news that its boss was resigning. back to you. in every arts organisation wants to win over a younger audience, but scottish opera have taken that to new lengths. their latest show at the edinburgh fringe is an opera for babies — the latest in a successful strand which has been snapped up worldwide. our scotland arts correspondent pauline mclean reports. this is opera for beginners. a shorter show, a more simple storyline and a chance for the audience to move around. all required when you are not yet two. welcome to the latest show from scottish opera aimed at babies. we said we wanted it to be a true opera experience. it is

shares in tesco pushing higher after figures from cantor showed the supermarket chain notched up a 3% rise in sales the last quarter. different for sainsbury's which lost market share. aldi and lidl continue to make inroads into the market with both recording double digit sales growth over the course of the period. >>> persimmon posted a 30% increase in pretax profit in the first half of the year the firm says uncertainty around brexit will weigh on new land investments, however the company said the housing market is confident. conditions were stronger than expected following the referendum it saw an 8% rise in volumes in the period all this week we're talking about alternative investments. we have already considered diamonds, whiskey, modern art. whiskey being my favorite. how about residential property in central london? adam challas has something to say about that it's essentially an asset class in the capital city. >> for many people that's how it is treated clearly it has different drivers from the mainstream housing market in the main you're dealing with people, purchasers that

tesco and brothers -- cohen brothers scripted suburban comedy. the pace is considerably slower.tarring helen marion and donald southerland as a free-spirited couple coming to terms with alzheimer's. >> i don't believe you. a motorcycle without a helmet. who was that guy? >> go to hell. >> moving to the dark side is darren and off skis psychological horror, "mother -- daren aranovsky's psychological horror, "mother." things quickly go from bad to worse. >> it's never enough. >> if i told you about her, the princess without a voice, what would i say? >> gearmotor euillermo del tor's otherworldly fairytale tells the story of eliza, whose world is changed forever when she discovers a deep connection with a creature in a tank. >> i don't want an intricate, beautiful thing destroyed. >> i'm sorry. >> don't do this. >> it's not even human. brent: it's time to catch up on the best of spain's la camatimo festival. >> thousands of people turned out to take part in the annual war of tomato flesh, continuing an old and messy tradition. the festival has been held every year since august of 1

since then, tesla laws have tripled in size and tesco good itself now spans more than 2600 pages andost of it is not understandable. tax rates have increased and special interest loopholes have gone back into the system. code is a massive source of complexity and frustration for tens of millions of americans. in 1935, the basic for most people filed had to sample pages of instruction. today, that has 100 pages of instructions and it is pretty complex stuff. complicated that more than 90% of americans need professional help to do their own taxes. complexity is unfair and disadvantages ordinary americans who do not have an army of accountants while benefiting special interests. it is wrong. thank you. [applause] president trump: first and foremost, the tax system should benefit loyal hard-working americans and their families. [applause] that is why tax reform must dramatically semper fi the tax code, eliminate special interest loopholes, and i speak against myself when i do this, and i might speak against mr. cook and we are both ok with it, isn't that right? it is crazy. maybe we shou

tesco is going to stop selling 5p carrier bags in three weeks' time. is on a mission. it's looking to raise $1.5 billion to boost production of its mass market car, the model 3. michelle fleury joins us now from new york. why is it making this move? manufacturing hell. those are the words elon musk used to describe the challenges facing the company and he used the words at the launch of the tesla macro's launch. tesla launch. it's meant to be a mass—market vehicle for the company to sell. but in order to get the financial capital it's very expensive. in order to get the financial capital it's very expensivelj thought capital it's very expensive.” thought tesla was cashrich anyway? it has a couple of billion on hand at the moment but investors believe it will burn through 2 million over the next few years. as a result, you are starting to see the company looking to raise money and that's why tesla want to raise these bonds for investors. we don't know what sort of break investors will get but this is its initial round to get £1.5 billion to help get it

tesco you work in congress for a number of years before coming to this ep what do you think a legislative bill would satisfy net neutrality and what that might look like? >> guest: i have to be careful because good part of my experience on capitol hill they don't appreciate unsolicited advice but i don't know if they were asking my opinion i don't know they are too far from where they are per se. i personally don't have a great need for some of our rules. i have articulated the reasons why i think a couple of our rules should not be embodied into legislation and hopefully they would make it into things like general conduct standard. there are a couple of things that to me it's more important about precise drafting and having congress and their great wisdom decide what it should look like. the more precisely can be the better and i've always had any direction that they determine we should go that's my calling card so i'm completely comfortable with that but i would say more precise the better. the statute i worked on behalf of members when i spent my time on capitol hill i found that over

i am wondering if the tesco experience as a case study in the u.k. the united states. says by the u.k. is the u.s. on steroids, if you can believe it. the u.k. grocers know how to amazon. it's a tougher market. the operating margins are much lower for operators like sainsbury's, tesco then you would see for kroger or even whole foods. david: i have not lived in london for a long time. when you say they know how to battle amazon, what do you mean? i right now.lf business andonline we would never know that. when i lived in the u.k., we would get our groceries from tesco.com, and they are very good online delivery. they are very good. not to see that there will not be an effect. these grocers are used to cut through -- cutthroat competition. jonathan: they will be cutting prices, cutting prices. david and i were having this conversation. do it a handle on ultimately what they do want to do with whole foods? >> distribution points for certain. we know that. the ability to integrate prime into more people's lives. there is a big overlap between prime memb

the four biggest grocers — tesco, sainsbury, asda and morrisons — saw their sales rise by around 4%. who says she developed ovarian cancer after using their talc—based products. it's the largest award so far, in a series of cases claiming the company didn't give adequate warnings about the dangers of talc. the company has defended its safety record. let's have a quick look at the markets. the ftse 100 let's have a quick look at the markets. the ftse100 is making improvements on yesterday. investors in london are shaking off yesterday's blues and it looks as if some bargain hunting might be happening. mining shares have been strong. but provident financial, as we strong. but provident financial, as we said, are really suffering after news of the second profit warning. it will only take about 57% of the money it is owed, as opposed to 90% last year. shares have been down as much as 60%. that's it for me. thank you very much. now as promised let's talk about the announcement from donald trump. donald trump has indicated that he'll send more american troops to afghanistan to fight the ta

tesco stocks today. elon musk reporting earnings "after the bell" today.xpecting the company with the loss per share of $1.88. designed to be a mass-market cars south from the range about 50%. for% yesterday as more and just sat on the comment. growing pains. first the battle over health care. now it's the device for tax reform with republicans and democrats mocking asides. could the two parties work and can they -- christine tait, contributor to the hill and offerman -- author of government growing wild. good morning. >> good morning. lauren: this is another with republicans and democrats on opposite sides. requirements working with republicans on getting tax reform. take a look at what they want. no tax cut for the top 1%. republicans cannot use reconciliation. deficit financed tax cuts given the gaps on fiscal policy. do you think republicans and democrats can actually work together on tax reform or is this going to be health care part 2? >> let's look at what happened with health care. republicans had the house, senate and white house. the obamacare re

dramatic fall in its share price which is weighing on other supermarket chains with the like of casino, tesco and there's a sting of stock trades, with jeffries and jp lowering their shares pernod ricard was boosted by strong sales by the u.s. and china the owner of absolut vodka raised its dividend by 7%. >>> let's switch out to brussels, brexit negotiators from the uk and eu are running into disagreements as the talks reach the final day. the officials on both sides exchanged barbs. the british team says the eu is too rigidly tied to guidelines, the eu says the uk is short of ideas. negotiators have a little over a year to agree on withdrawal terms. willem marks is out in brussels today. in a couple hours time there will be a press conference between david davis of the uk and the chief brexit negotiator for the eu, michelle ba barnier what can we expect to hear >> i imagine what both sides are hopping for is more clarity on what we've seen the last few days of negotiations the main sticking point seems to be the divorce bill. the european side back in july put forward their own methodology

small beat the ftse 100 is up by 0.3% despite the fact that many grocery names like sainsburies and tescothey're falling hard on the back of the amazon news amazon saying upon the completion of the whole foods deal it will be cutting prices obviously there's plenty of fear of another round of the price war going on in the grocery sector when it comes to the sectors, that's where the story is playing out. retail is off by 1 %, exactly because of the store i told you about. ahold-delhaize is falling hard this is a business that has a sizable exposure to the u.s. business that's why it is under so much pressure today basic resources on the other side of the ledger doing well today. up by 1.3% along with financial services and autos we're waiting with bated breath for what's coming out of the jackson hole symposium and mario draghi's speech. that will be happening at 9:00 p.m. later on today. we're going to stay -- sit on the sidelines until then >>> condor is reportedly eyeing some of air berlin's planes, heating up the raise for the carrier's assets the german unit of thomas cook is interes

in europe take a look at dutch supermarket operator a patient of food lion and stop and shop tesco underressure number one retailer in the uk. some economic news i want to talk about in france consumer confidence falling for a second consecutive month a tick lower in august to a reading of 103 confidence had jumped to 108 in june following victory of president macron since then it's dropped. households are losing confidence in their financial situation keep in mind macron's popularity has suffered a nose dive down 20 points from may according to a harris poll. french stock market pulling back from its may highs as well but with a month to go before elections in germany, chancellor angela merkel is on track to win a fourth term in office. the german dax up 12% so far >>> the national economic director gary cohn responding to calls for his job after events in charlottesville eamon javers is in washington looking at what cohn told the "financial times" in a piece that dropped earlier today >> reporter: this is the first time we've had an opportunity to hear from gary cohn since those events

tesco has become the latest supermarket to trial electronic price tags on its shelves.els are unsettling for some students. i think the new system wants us to memorise stuff rather than learn. they are just trying to make it harderfor us and it is going to get harder each year. we just have to accept it. we are like the guinea pigs. we have no past papers, so we have no practice. even our teachers, there are so many new things in the syllabus that our teachers are struggling to teach it as well. but the change of direction has been welcomed by some heads. the new system is good. i think it prepares students well for university and for employment. the key challeng is for awarding bodies to make sure that they‘re marking to a consistently high standard, so the students get the results they deserve. —— challenge. there has been a drop in the number of students applying to university this year, so it is expected there may be more places available to young people who want to shop around. studio: far too many older people are suffering in silence when things go wrong with the

we get an inside look at the tesco facility. the company created a fake town to test its self driving cars. the area is a real-world training ground. google built a 91 acre test track within our curves, sidewalks, traffic lights, a railroad crossing and a roundabout. officials say it is the perfect area for a company to train. >> we have a workforce that is growing and becoming more educated. we have a lower cost of living. we have ample space to grow. from a valleywide perspective, we believe we are very well poised to meet the needs of industry in the future. >> so far, this is the largest self driving training track in the country. >>> we are transitioning to the weather and we are getting ready for a hot one. starting off, take a look at this. it is really interesting. we have a compressed marine layer making for a wall of dense fog for some along the coast. that is something to be mindful of as you're heading out today. most folks are seeing sunny skies but along the coast, portions of the east bay and along the water are g

tesco down 1.8%. let's get the other side of what is going on around the world. speeches from mario draghi and janet yellen. the two speakers have taken opposite sides of the debate over inflation. -- there willly probably be another chance to raise interest rates again. robert kaplan said -- was more cautious. >> i haven't lost faith inflation will get back to its 2% target. forces and theal models that would have suggested what the cyclical forces, the impact they should have are being offset by new forces, which you can understand mainly by looking at interest is an talking to ceos. looking at industries and talking to ceos. lee has beeny y. convicted of bribery and sentenced to five years in prison. nation.l transfixed the the 49er old lawyer says he will appeal the verdict. global news 24 hours a day, powered by more than 2700 journalists and analysts in more than 120 countries. this is bloomberg. thank you very much. theng up, we will discuss cover of the latest edition of business week magazine, plus some of the stories inside. it's an interesting addition

tesco will stop the sale of 5p carrier bags across the uk in three weeks' time, and will instead offere major supermarkets, but sales will end in stores on 28 august. the supermarket said the decision followed a trial which led to a 25% cut in bag use. you look at the numbers. i have put a few things on there. that is not what i want to depend on there so ignore that. the oil cartel is meeting today in abu dhabi. the plan is to work out whether they can agree to cut production and they can do it together to keep prices up. but you see prices falling. the ftse 100 barely changing. it is quiet week for the markets. a lot of traders are on holiday and like us. bin collectors are stepping up industrial action by refusing to work every day for two hours in a dispute over atjob losses. for this woman, british summertime usually means hoping for some hot weather. but not this year. 13—14—15 bags. that is because colin's rubbish has not being collected from his house sincejune. high temperatures would make it worse. it is not very good. you are living somewhere and people see bags of rubbish a

some of the retailers next, tesco and marks trading in the red today. moving on to m & a news.ermany continuing the push into the u.s. after the kidney dialysis unit agreed to acquire next stage medical that is a it $2 billion deal this stock down just about 1.7%. n. today's trade mike >> thank you very much >>> let's send it back to hq sue has the news jup datupdate >> here's what's happening at this hour. north korea telling nations gathering for a summit that it would not give up on the nuclear ambitions. a spokesperson for the north korean delegation blaming the u.s. for the problem of nuclear arms on the korean peninsula >>> a powerful typhoon made land fall in western japan today bringing heavy rains and strong winds as it approaches more populated areas. japanese authorities warning of land slides and flooding and mountainous areas would be hit with almost 20 inches of rain. >>> t mobile announcing the unlimited 55 plus plan that means people over the age of 55 can get up to two lines for $60. including taxes and fees but to qualify, one will have to enroll in the auto p

tesco, sainsbury, asda and morrisons saw their sales rise by around 4%. johnson &johnson has been ordereded the products' safety and says it plans to appeal. time for a look at the markets. the london market is shaking off yesterday's blues. it lookses a though some bargain hunting is helping to power the market. not such great news for provident financial. it's suffering after news of that second profit warning. shares have been down by as much as 7296. shares have been down by as much as 72%. that's all from me. back to you. yesterday there was a solar eclipse. it was the first time this particular eclipse has happened for almost a century. some had a view from a boeing 737 which chased the eclipse. james cook was on board. the satellite was already taking a chunk out of the star. the, nine, eight n, seven... as totality drew close, time itself seemed to speed up. 0h, oh, my god. totality. totality. it's such an incredibly breathtaking experience, like, you cannot even describe it. words don't do it justice, neither do pictures, video or anything. it'sjust justice, neither do pictures,

i think the initial reaction with the supermarket this morning, tesco, morrisons and sainsbury's falling us markets are going to field is more than the uk. whole foods is not hugely prevalent throughout the uk so i think be the walmarts in the us that will field is more strongly than perhaps in the uk. it's interesting because we're used to hierarchy might to supermarket with premium ends at one side and cheaper brands at the other, but now it seems be merging into one ——. other, but now it seems be merging into one --. i do wonder about amazon's and is now to cut prices because whole foods is at the very top end and its customers at the moment are not particularly interested in price. the wadi range of good quality goods so i can see whole foods competing with the likes of lidl at the bottom —— i can't see whole foods competing with lidl. hill how much is the scrappage scheme to do with the environment? that's very cynical view, but i'm sure there's something in it for ford. if you cast your mind back to 2008, car sales fell off a cliff by about 20% and the government, not the car manuf

the four biggest, tesco, sainsbury‘s, asda and morrisons, saw their sales rise by around 4%. it looks as if some bargain hunting may be going on. mining shares have been especially strong. but provident financial really suffering after news of that second profit warning. it‘s also only collecting about 57% of what it‘s owed as opposed to 90% last year. shares have been down as much as 60%. that is it, back to you. a plane full of passengers had a spectacular view of the eclipse. james cook was on board. as the day dawned, the chase was on. the moon was after the sun and we were on the tail of both. from portland in the north—western state of oregon, the flight north—western state of oregon, the flight dubbed solar one struck out over the pacific. by the time we arrived, 800 miles from the shore, our satellite was already taking a chunk out of our star. ten, nine, weight, seven... and as the moment of totality drew close, time itself seemed to speed up. it's the final countdown... orb, my gosh. totality. totality. it's such an incredibly breathtaking experience. you can‘t descr

he went to tesco to buy some bread and she saw a man buying eight cans of lager, an irish man!ht it would be. we thought it would be a pushover, knocked out early on. but after floyd mayweather got his measure, he really took over. floyd is now 50 and nine, beating rocky mount they are no's record and he will not only retire, but trained boxers. it was interesting conor mcgregor saying after the fight, richard was saying, that he is going to go back to mma of course but he has not completely ruled out going back to boxing. and he didn't want the fight to be stopped on the tenth round. he wa nted stopped on the tenth round. he wanted to see it through to the end. at the end the referee said he was on the ropes and he was down on fitness, and that is what we have got to realise. referee has a duty of care, he has got to protect him. exactly. it would have turned into a circus and they were calling it a circus and they were calling it a circus because mayweather was getting his measure but well done to conor mcgregor. and there are some fantastic floyd mayweather quotes. we gave t

jonathan: tesco went through a huge restructuring.et, the big store closures, the big headlines that have thousands of jobs at risk. when is that coming? in the mind of many, it should. >> i think it probably is coming this year. the numbers are off the charts in terms of the announced store closures so far this year. and a good number are in the department store space with jcpenney and sears and even macy's is closing about 100 stores. it extends far beyond the department store space across specialty apparel retailing, footwear, you name it. i think we are going through a bit of that this year. alix: you brought along a chart that shows retail sales versus how much people are making in terms of income. we are making money. we are not spending it in the same places. >> as we step back and look at the broader picture, it is supportive of consumer spending performing decently if not better into the second half of the year. if we look at the chart i brought, this is tabulating wage and salary income from the monthly jobs report and showi

degree apprenticeships will stop the university of bedfordshire has recently signed a contract with tescoo well because your grades don't define you. there are still other alternative options, like apprenticeships, degree apprenticeships, and just because you don't do well academically does not mean you will not do well somewhere else. did it take you a while to get to that position? on the day when they come through i guess you don't feel as level—headed as that? definitely, it is always a bit of a shocker when you open your results and it is not what you wanted but it is important to remain calm and think there are still good things to come. just because you have had that results doesn't mean it will set you up for a bad future. is there anything on the day that kind of made you feel better? knowing that the future i had was in my hand and not on a piece of paper in front of me, definitely. greatest talk to you, bobby and bob, thank you both very much. good luck to you, whether you have the results that you wanted or you did not come as we were hearing from bobby, in the end it all work

we were talking about how tesco are going to start charging more than that.face four years in prison. they have got the toughest laws against pollution. anyone who sells or uses a plastic bag would face prison and fines. even if you arrive at the airport as a tourist, if you have duty—free in a plastic bag and you leave the airport, you are in trouble. you have to leave them at the airport. i will chat about arsenal in my next autumn. i don't wa nt to arsenal in my next autumn. i don't want to miss this story. this is the world's leading mammal, saying that middle—aged men need to be careful in lycra —— mamil. he says, never wear an aerodynamic helmet unless you are taking part in a time trial at the olympics. good advice. see you both later on. texas is preparing for more flooding as storm harvey continues to move through the state. thousands of people have already been rescued in houston and officials are expecting another half—a—million people to seek assistance over the coming days. let's speak now to alan becerill who's at home in houston, in the centre