the u.k. independence party got a lot of votes, but one seat and the scots got a landslide to a party that wants out of the u.k. with big questions, is this a kingdom divided. it's tonight's "inside story". welcome to "inside story", i'm ray suarez. opinion poll after opinion poll betrayed a tight election in britain, with no major party getting the majority of votes or seats. pundits indulged in game of thrown-style intrigue imagining what david cameron or labour leader ed miliband would have to promise partners. when the results came in conservatives won in a route, taking a majority of votes and seats in parliament. the election set the table for browsing battles for one of the america's closest friends in the world. here is al jazeera's john terrett. >> reporter: u.k. elections are held on a thursday - meaning friday is hang over day. this year's hang over was bigger than usual for three key party leaders. >> i'll be resigning as leader of the liberal democrats. >> i'm standing down as lead

now the u.k. ulation don't want more austerity. >> that's a very interesting point in terms of what voters think because they made a promise on the deficit. they didn't meet the targets but for businesses i reckon they would have welcomed the fact that halfway through the coalition decided look the trading environment around the rest of europe and the world is too challenging so we're not going to stick to austerity. we're going to spend more so i'd say that's highlighted that they are relatively competent on business although we still have a long way to go. >> we seem to be swapping two terms here. business and economy and treating that as one. what's good for business isn't necessarily good for the broader economy. anyway, we have been talking to various people now they have the ceo of sage and we also have the ceo of prudential. listen to what these gentlemen had to say about the election. >> the timing is perfect. we said five years agatha we'll have an austerity policy and they'll get the econ

in the u.k. do. where do we go now? adrian: they do by a brief margin. the question is asked in the way that cameron wanted it to be asked. do you want to stay in the eu assuming that we have renegotiated our relationship with the union? a much bigger majority want to stay in. the question is what kind of negotiation can cameron get? anna: difficult to say. thank you very much, adrian rogstad. you are looking at live pictures now of 10 downing street. david cameron is set to stay on as prime minister. he will continue to live in downing street. that is what the exit polls are suggesting. he has not said that yet. we continue to tally the results of the election. we will be back in a few minutes. ♪ anna: welcome back to bloomberg politics u.k. election 2015, live from london. we are joined now by sanyo o'donnell. such an amazing night as we look at results that were so unexpected. sanyo: the was a whiff of 1992, it is a massacre for lib dem. anna: will it be the warnings about the snp and labor? >>

the u.k. for a referendum. this is something that david cameron probably didn't want to do, but proposed having as a response to some of the more nationalistic sentiments in the country leading up to the election. he first will go to brussels, no doubt, and say, we need to renegotiate our relationship with you. you need to give us a very good deal. we are going to have a referendum as he reiterated, by the end of 2017. i need to go back to my electorate with some concessions whereby they are comfortable staying within the eu. not just the electorate. they're all those backbenchers the members of his party that think the conservative party, the united kingdom should not be part of the european union. that is a challenge for david cameron. he had a huge mandate in this election, beyond anything he could have hoped for. that doesn't mean it is going to be an easy five years. guy: ryan, i guess we are trying to figure out when that referendum will come. a lot of people questioning whether it is as

there will an huge debate held in the u.k. because let's be clear, david cameron despite some members of his conservative party, david cameron doesn't want to leave europe. he just wants a better deal for europe. what are the debates going to be like, for example of germany will be unlikely to give concessions. >> we have certain principles within the european union and many of my colleagues are very reluctant to start over again and again and again to renegotiate with the u.k. on these principles because the are impression in germany as germany being part of the european union, and for example, we have right now--we're talking about immigration. germany is by far the largest country giving shelter to refugees from from the near east and the u.k. didn't helping on that issue at all. it is a difficult discussion in germany because the people in germany don't really understand. >> good to get your point of view. thank you so much for joining us on al jazeera. >> thank you. >> still to come on the program ambassadors from norway a

let's get back to the u.k. s view on the queen's speech from john longworth, director at the chambers of commerce. i read your open letter to the prime minister and featured was the referendum. the debate seems to have shifted. when shall we do it question mark the view at the moment is we should bring it forward. do we share that view? john: we think it should be held as soon as practical to reduce the level of uncertainty and the period of uncertainty. it depends on what the prime minister thinks is the right time. if we do it in 2016, great. jonathan: what is practical? john: what is practical when the promised or thinks he has a reform agenda to bring to the people of the u.k. colleagues want no further explorations. we need to look at our relationship with europe. very important for the business community. jonathan: there is across europe a fatigue with the word reform. here we talk about reform eu and benefit tourism. the word kind of means nothing beyond that. he can't do anything without a free movement

we will be constructive and seek agreement with the u.k. government on issues where we can find common ground and we will always act in the best interest of all the people of scotland. we ask people to vote for us in this election to make scotland's voice heard at westminster. people place their trust in us to make scotland's voiced her -- voice heard loudly and clearly. we intend in the house of commons and in the scottish government to get on with that job on behalf of all of the people we are so honored to serve. [applause] >> thank you. i think the first minster for her statement. first of all, can i take this opportunity to congratulate the first ministry -- minister on a remarkable result. i'm sure she would agree that the hard work and dedication of activists and volunteers cannot go unnoticed. in fact, one sentiment we can share across the chamber is pride in our democratic process. the people don't just stand up for their beliefs. make the case for them. on doorsteps inc. cafes in work places, people decide. they wanted to send a st

we are told why the u.k. needs to stay in europe but the chief of the you k's biggest software maker says that british business is resilient with her without the you. morewithout the eu. mark: let's bring you up to speed with what you have missed. david is in hong kong with a look at the asian markets, good morning. david: good morning. i mentioned earlier -- asia woke up to a rally on wall street. things a started quiet, but once you had the hang seng the chinese markets opened and that is where we got a lot of heavy lifting done. the original benchmark, more or less at a three-week high. third day of gains. the shanghai composite is up 3%. another 100+ point game. -- gain. this market is not for the fainthearted. hang seng up and look at the topix index. seven-year high for japan. week in southeast asia. australia -- one of the top stories is the rba minutes, where they cut. a few takeaways, but to summarize, they left the option open, especially given the subdued equation. they also mentioned the chinese pr

the u.k. prime minister prepares to announce his new business secretary. good morning. you are watching "the pulse." we are in london. i'm guy johnson. francine: and i'm francine lacqua. euro area finance ministers convene in brussels today. greece will be front and center of their discussion. greece is facing challenges on several fronts, the euro sliding as a debt payment is due tomorrow. chancellor angela merkel faces domestic pressures to give up on greece. guy: tom mackenzie is in brussels. marcus bensasson is in athens. tom, what will this meeting deliver? tom: you might be thinking, here we go again. greece faces some very concrete deadlines. that is a 150 million euro payment to the imf tomorrow followed by another one in june and a huge payment to the ecb in july and august. expectations being dull down because of the tensions between the two sides. recently the french finance minister coming out, saying that to reach an agreement, we have days or weeks. it follows comments by wolfgang

. >>> the u.k. ection now the general election where david cameron has defied opinion pollsters and won a second term as the country's prime minister in fact he strengthened his position actually winning an effective majority. he has got a majority whether it's effective or not, we'll wait and see. the leaders of all five of the parties have quit today. 331 sees for the conservative party. 99 difference. 232 for the labor party, and they were saying how close it was going to be. it certainly wasn't. that number largely because the scottish national party all but wiped out the labor party in scotland taking 56 seats. and only 8 seats, that is down by 46, so let's get a round up now from lawrence lee. ♪ >> reporter: david cameron still in downing street and still prime minister his conservative party confounded every single one of the polls, and won a small majority. that allowed him to tell the queen he can form a government. an election that was supposed to involve weeked of negotiations ended up ove

he worked for four years in the u.k. before getting u.k. benefits. he wants to be able to deport any immigrant that doesn't find work withi six months. some criticize that this infringes freedom of movement, something guaranteed by the treaty. changing this would need all 28 countries to agree. is cameron's timetable work workable? some say there are limits to britain's good will. >> britain is not in a situation to impose its agenda on all the other member states of europe. i'm a strong believeer of freedom of movement of workers. this is important in the european union. the british are kindly invited to bring a list of their requests. we'll give it attention and then we'll see. >> well, for more now the thorny issue that has plagued conservatives for many years because as we know there are more right-winged conservatives who think that the u.k. should come out of europe. how easy is this going to be for cameron to negotiate some sort of concessions that is going to satisfy all those people who are in the u.k. who actually don't believe that the u.k.

for scottish labour to leave these powers in the u.k. but to argue these powers should remain in the hands with no mandate in scotland would be inexplicable to moth people across our country [ applause ] i hope they'll now think again and help us to build economic prosperity and foster greater social justice. last issue i want to dress is one that was ironically talked about much more about our opponents opponents. the issue of independence. it is no secret that the snp supports independence. we always will. but i made clear during the campaign that this election was not about independence. it was about making scotland's voice heard at westminster. i said i would not take a vote for the snp out of endorsement of independence out of a second referendum. i understand by that. there will only be another referendum on independence if the people of scotland vote to have one. that is democracy. and of course it cuts both ways. i can't impose a referendum gents the will of the scottish people nor can david cameron rule out. it will be the people

. >>> all right to, the u.k. election now where david cameron has deified all the opinion polls to win a second term as the country's prime minister. he has strengthened his position by winning a slim majority. and the leaders of three rifle parties have now quit. cameron's conservative party has taken 331 seats. the labour party won 232 seats. that's down by 26. that is largely because of the scottish national party have all but wiped out labor in scotland. the snp taking 56 out of 59 possible seats. the conservative coalition partner over the last five years also had a disastrous night winning just 8 seats but 46 fewer than in 2010. lawrence lee reports. . >> david cameron still and downing street and still prime minister. his conservative party confounding every one of the polls and won a small majority, that allowed him to tell the queen he can now form the government. an election that was supposed to involve weeks of coalition negotiations ended over lunchtime. >> as i said in the small hours of the morning w

the u.k. economy will bounce back from a slightly disappointing first-quarter. the labor market seems to be tightening up. i think it is still -- it will still happen, i don't think it will get anyway. guy: from a business point of view, today is a better day or worst day -- wors daye? the snp took an awful lot of seats in scotland. you mentioned the eu referendum. a lot of uncertainty seems to exist. net net, how much further forward are we? david: i think it is a massive divide. small business is scared of labour snp. now they have a pro-business government. if you are a big business you're thinking, what does this mean for the eu? we have a large current account now. it is being funded not as much by fdi as it once was. we are playing with fire to a certain degree. to rely on foreign capital, a lot of that is tied to opposition in the eu. and: i said existential quite a few times this morning. in the context of big debates in scotland and europe, thank you david. guy: let's head to downing s

coming up, a week from today, election results in the u.k. we talk about the latest missteps on the campaign trail. that is after the break. ♪ jonathan: welcome back. this is "on the move." i am jonathan ferro. here in the u.k., the final stretch ahead of the election. last night the leaders of the three main parties came together for their final tv event. the politicians took questions from the audience. when asked about david cameron's plans prime minister david cameron reiterated his pledge not to raise rates. >> i know now what is in the books. i know we can finish the job without putting up people's taxes. those people who have opposed every step that we've taken, every cut we've had to make, i think they will make a cut of their own, to put up taxes, and to cut your pay. i don't want to do that. if you want a government that find more efficiencies in government spending, that goes on reforming welfare, and doesn't put up taxes for working people, that is me. if you want a government that goes on with unreformed welfare, that doesn't find

the u.k. general election and the conservatives and labor arnett and neck. hours left for the israeli prime minister to put together a coalition government or face being forced out by a former ally. controversial words from a southern french mayor. he let slip his office -- sump and forbidden by french law -- something forbidden by french law. plenty more on the british elections, including hit by the global oil price slump. how workers in scotland want the new government to boost an industry that is slashing costs and jobs. the boxer who lost the fight of the century in las vegas is hit with a lawsuit. the plaintiffs say manny pacquiao should have admitted to having a hurt shoulder before the fight. that and more on the way. host: there is just one day left to go before voting begins in the u.k.. the conservatives and labor are still and neck. prime minister david cameron and ed miliband are making a last-ditch for votes today. many brits are unimpressed with how the parties have run their campaigns. she joins us now from london. the latest polls are showin

david cameron in the u.k. election. unexpected narrow majority in parliament. the labour party and liberal democrats suffer major losses as a result. deputy prime minister nick clegg is resigns as the head of the lib dems. and marking 70 years since the end of world war ii on the european continent. ♪ we begin in the u.k. where prime minister david cameron has defied expectations by winning a decisive victory in the general election. what was billed as a neck and neck race turned out to be anything but that. his conservative party on track for a narrow majority in the u.k. parliament. both labour and the liberal democrats suffered major losses, and prime minister -- deputy prime minister, rather, nick clegg, has just resigned as head of the liberal democrats. let you listen to what he had to say. that clegg: -- nick clegg: i expected the selections to be difficult for the liberal democrats given what we have had to bear in government and the most challenging of circumstances but these results have been immeasurably more crushing and unkind than i could have ever

the u.k. little later on in half an hour. the pmi has fallen to 54.1. we have had growth forecasts for gdp. it is pointing towards greener chutes. >> we have had a strong spanish number. the french number was actually surprising with the upside and the preliminary number picks up little bit on the confidence level. they german number was a miss and that is what is striking down the aggregate number of cross the eurozone. francine: we are keeping an eye on this and tomorrow is a huge day. guy johnson: on the last day of campaigning, no clear front runner with three polls overnight showing conservatives and labour neck and neck. let's get to westminster and anna edwards. what is happening? anna edwards: the final day and tomorrow, the election takes place. there will be mps elected to the house of commons. before that, the final push is underway. the candidates and leaders of the parties are visiting the hardest to defend locations where they hold seats and they want to protect the seats that the

to say that the u.k. government the austerity must stop and this parliament must be empowered to serve the people of our country better. the day to daywork of this government never stops. as i said yesterday when i visited edinborough and speak to the front lane staff, yes there is work to do. yesterday's figures were the best performances we began publishing weekly statistics. let's be determined to support them to do even further. part of that support in my view, as we as first minister standing up saying loudly and clearly i do not want to see further cuts to the budget of this parliament. >> we have very little time for questions. can i ask the questions brief as possible and for my part i will do my best to call as many members as possible. >> can i start by congratulateing the first minister on the scale of the snp victory. i want to ask about national insurance. i know that she wants it to be devolved. can i ask whether there will be an assessment and the flip side what impact it would haven pension

the biggest problem with the u.k. omy is productivity which has not gone anywhere in five years. we need to encourage r&d. we need to upscale the labor force. at the same time there is a boost from having continuity that you know they will be harder and more of a drag on economic growth. jonathan: central banks want to get the rates off the floor. at the same time sterling is at a high even though we had a dovish report yesterday. is the count becoming a problem? kerry: the bank said it was productivity that weight on growth. looking ahead, anything about an eu referendum will start a conflict towards the u.k. and maybe see that sinking. you are seeing that honeymoon. from the election. that move is about the dollar. donovan point will be -- jonathan: will we have problems with the bank of england? kerry: i think they have not thrown in the towel completely. you need fiscal and monetary policies to get this economy going. you need reform to get productivity up. they are saying this is our intention. jonathan:kerry crai

said he is clear that the u.k. f the european union. >> i don't mind admitting that. i have always been positive towards the e.u. ireland has seen benefits. i understand the benefits that the e.u. has. i understand the sthause people in the u.k. express. i don't disagree with reforming. i strongly disagree leaving it. i think the best way to influence the e.u. is to influence it from within. so the uncertainty around an e.u. referendum will weigh on business. i don't think it is going to weigh too heavily. the ability to reform the e.u. actually i see it as a positive. i'm hoping that some progress will be made on reforming the e.u. everybody at the e.u. would benefit. but i would be hopeful that when it comes to a referendum that people will vote to stay within the e.u. manus: standard chartered one of their main chief economists is here. willie walsh there. we have a lot -- in ireland. we did very well. is it publicity or is it actually proper lobbying? >> a bit of both. what he needs to do now is -- securing the

caroline: election day in the u.k. seats in parliament up for grabs, and the makeup of the next government hangs in the balance. mark: welcome to countdown. also coming up today, we take a look at what it takes to be a successful boxing promoter. we bring you my part to of the interview with frank warren. we are also getting breaking news from the largest engineering company, they are cutting further jobs. 400 jobs, burdened by the declining oil price. profits from the so-called industrial operations fell to 4.6 billion euros. that is down from the 1.7 billion euros from the analyst numbers. kaiser, the chief executive, has announced 9000 job cuts in the last six months. he is trying to achieve one billion euros in savings by next year. he is focusing on energy generation and distribution facing investor pressure after his decision to spend $7 billion acquiring another company. since that deal was agreed in september, the euro toppled against the dollar, and oil has fallen by 29%. placing the rationale of the takeover i

who will become the u.k.'s leading diplomat and will other countries sit up and take notice. >> there's no surprise that foreign policy has not played much of a role during the campaign. it's mostly been about the economy. there is a question about the extent to which the two main parties here continue to have a big strategic vision for the u.k.'s place in the world, and the extent to which the rest of the world values the u.k.'s opinion on many of these things. consider some of the biggest issues in the middle east. labour and the conservative parties ended up opposing an iranian backed government. and supporting an iranian backed government in baghdad. the conservative deposit gets rid of muammar gaddafi in libya, but neither it nor the labour party accepted that it lead to an exodus and doors to syrian refugees are closed. the scs conservatives wouldn't offer a politician, but the others said this. >> many talk about the crisis under tony blair and gordon brown. some mentioned the iraq war as a pi role. cer

right, let's get back to the u.k. nd one bank taking about its future in the europe ita -- european union. chief economist antonio garcia pascual is back with us. the lack of focus on europe during this election has surprised some people particularly. half is surprised you the u.k. is not talking about more for future within the eu? antonio garcia pascual: i think you are right. it is surprising. it is political and important topic from a financially economic point of view. the u.k. probably is better off staying within the european union. my guess bowl to bigger parties know that but it is a collision -- political issue. i suspect it will be made clear. i think those fears will hopefully be dispelled. guy: could we see it amped up? most major parties are probably more on the side of looking for an exit at some stage in set of a referendum with the parties in favor. antonio garcia pascual: i think it is difficult to avoid especially with the current government in the future. and if there is a labour party coming in. th

francine: what is so good about the u.k.? for numerous that are driving -- entrepreneurs that are driving the economy. is it a badge of honor or actually the government and that is supporting entrepreneurs? james caan: it is both of them. i am proud to be an entrepreneur. entrepreneurs and this country are experiencing a fantastic period of growth. this government is doing everything it can to support for newer ship. three years ago i started an organization called star of loans where the government was looking to encourage small businesses. in three years, we started 28,000 businesses which has led to 34,000 jobs. this government has pledged to increase that number 275,000 bits hoping -- businesses hoping to him -- hoping to increase to 100,000 jobs. it is open and exciting. the u.k. economy is doing well. a great sentiment. it is great and news right now. francine: do you worry about the wage growth? james caan: when you see the strength of economy, you will see it. part of the country where they think is right now, sometim

it may easily demand a new referendum on leaving the u.k. he country votes to leave the e.u. britain's love-hate relationship with europe will finally be decided in this parliament. laurence lee al jazeera, london london. >> in india the heatwave has caused many deaths. in some areas the temperatures have been at 50 degrees severallous every day. but the monsoon rain should hit india in the next few days. >>> madagascar's parliament has voted to dismiss the president for alleged constitutional violations and incompetence. the political future of the president will now be decided by the constitutional court. the president came to power in january of last year. his critics say he has not followed policies. >>> nigeria's outgoing government has grade to pay $800 million it owes to oil companies to end the country's fuel crisis. for month motorists have struggled to get petrol, banks hospitals and airlines have been forced to scale back their operations. most countries rely on diesel generators for power. >>> the economic impact of last month's e

brendan: we talk about the u.k. version of the word liberal in europe, in u.k. ain of thinking in the u.s. -- there economically right economically pragmatic, but they don't speak to the heart. that is a constant struggle that this kind of party stuck in the middle has. olivia: you think labour doesn't speak to the heart anymore? brendan: it honestly did not. tom: we will continue to cover cameron's visit to buckingham palace. let's get a top headlines. olivia: looking for signs the economy is getting better after the week report. the april jobs report at 8:30 a.m. this morning. economists forecast employers added 230,000 workers last month. that would be a huge improvement over marches number. senate banking committee richard shelby is about to propose the biggest change yet to the dodd frank bank reform. if yes his way, but two dozen midsize banks would never -- would not be considered to be difficult. he wants to free them from the tough oversight and capital requirements no applied to the nation's largest lenders. among those affected, suntrust bank. brendan:

we are three days away from the u.k. ld change britain's relationship with europe. joining us now is a policy analyst. a very good morning to you. you say there will be -- it will be of defining election in relation to the eu. one but assume that of labor prevails labor being anti-referendum, it is the status quote. let's look at the labor scenario first. what happens if labor cobbles together some sort of government? guest: there would not be any referendum in 2017. this is not likely in the next parliament. in the sense of the policy, they are similar to the conservatives. they would try to limit the impact to welfare. they would be for expanding the single market. in terms of the substance, a lot of the policies are very similar. they would not want to bring it to ahead by having a referendum. mark: how are the conservatives progressing before the election on the reforms that cameron has pursued ahead of this referendum? we have seen progress being made. we don't hear about it on a day-to-day basis. is that true or not

we have some data out of the u.k. ta interesting from a logistical and financial point of view. net immigration. the heist level since 2005 according to the office of national statistics. this is understandable. you have an economy producing jobs. it is understandable piano people would be seeking jobs in the u.k. we're about to hear a speech from david cameron focusing on illegal immigration. the pound is rising a little bit. retail sales data out. it looks like sterling creeping a little bit higher on the back of that data as well. a couple of interesting numbers being generated out of the u.k. over the last few minutes. the immigration story i guarantee you will make headlines in tomorrow morning's newspapers. a number of people will be talking about that. let's get more now on the business and climate change summit that is taking place in paris. francine sitting down with the c.e.o. of l'oreal. for an exclusive interview. he talked about the fact that his company is looking to be more environmentally friendly. >> p

but the u.k. y, born out of oxford universities computer science department is trying to do just that. >> the volume is just a fraction. david>> david morgan tries to make sense of the digital cacophony. working out whether comments are positive or negative. david: the machine is looking at language, actually taking the individual parts and reconstructing them as a human would. >> this software, called mood breaker let's political parties monitor the sentiment on the internet of certain issues. dav>> you can start to drive to what is important to people. and that has never been able to be done before. the rise of social media and the ability to monitor it. >>>> under the tory government, things have gotten worse. >> 2 million new packages. apprenticeships. mark: coming up, it is being billed as the biggest fight in history. floyd mayweather and manny pacquiao. the man who has managed some of the biggest boxers over the past three decades. esthermr. frank warren -- stay tuned. ♪ mark: today's busine

and interest rates in the u.k. so i would say that we're out of the woods in term of the short-term but medium term we have two referendums on the agenda within the next 24 months. one almost certainly on the referendum. great volatility there. the second could be about the union again if indeed scottland gets a very strong parliamentary support. so i would suggest, yes, relief for the moment but those fundamentals that include a deficit which they failed to get down as meaningfully as they hope. but it's no slam dunk going forward. >> i also want to get your thought on the strength of the scots in this election. the s&p has won 55 out of the 58 seats making it by far the party's most successful general election ever. what does this mean for the economy? for markets and for decisions being made at westminster going forward. >> it's important and worth pointing out the scottish nationalist party don't just stand for scotland leaving the united kingdom. they're also the furtherest to the left of our political spectrum

but the u.k.'policy has largely been out of the picture as voters consider who to vote for in thursday's general election. >> reporter: this office is having some work done on it. it's a good time for it. the civil servants work goes on hold when politicians try to get themselves elected. but who will become the leading diplomat? foreign policy hasn't played much of a role during this election campaign. it's mostly been about the economy. but there is a question about the extent to which the two main parties here continue to have a big strategic vision for the u.k.'s place in the world, and indeed the extent to which the rest of the world values the u.k.'s opinion on many of these things. consider some of the biggest issues in the middle east both labor and the conservative parties have ended up opposing an iranian backed government in damascus while supporting an iranian backed government in baghdad. the conservative party gets rid of gadhafi in libya, but either party anticipated that revolutions

it may easily demand a new referendum on leaving the u.k. rest of the country votes to leave the e.u. lawrence lee al jazeera, london. >>> columbia's farc rebels say one of their peace negotiators were was of 27 rebels killed last week by armed forces. farc say he was visiting troops to discuss progress at the peace talks when they were surprised by the air and ground assault. rebels have suspended their ceasefire with the military following that attack. >>> mat-- madagascar has voted to dismiss the president. the future will now be decided by the constitutional court. the president came to power in january of last year critics say he hasn't delivered on economic policies, and claim he has stalled on implementing reforms. >>> nigeria's outgoing government has agreed to pay $800 million it owes to oil companies to end the country's fuel crisis. businesses banks, hospitals and airlines have been forced to scale back operations. most companies in nigeria rely on diesel generators for power. >> reporter: more gas stations now sell petrol but the

as the u.k. own to one of the most divided elections in modern cyst, -- history, they are moving. the major parties, labour won't get enough votes to govern alone. with both seats turning into political battlegrounds they report on the digital spins doctors are trying to get your votes and make sense of the online -- >> it looks like tech -- but this is the h.q. of the digital spin doctors. it is the u.s. company behind both president obama's campaign victories. they are at the forefront of a political revolution. using the internet and social media to get votes and cash. >> get their message out. mobilize people. knock on doors. make phone calls. talk to each other about the campaign. >> he is u.k. born and harvard educated. he is heading up the feam >> whatever campaign we're working on. the message, the money and the mobilization. >> they have rebranded the web party's website and stream lined the process and personalized thinker commoun indication with members. the result? more money. >> it is

the u.k. ime minister, david cameron is spending this week trying to secure reforms ahead of the referendum on britain's membership of the eu. mr. cameron has said the european president at the residence. let's get more on this. what does this signal in terms of timing? >> to me this signals that he is trying to find a way to move the referendum forward. at the moment it is promised to take place by the end of 2017. obviously with david cameron they are keen to move that forward to possibly next year. francine: what are the obstacles? >> the problem is he needs to get agreement from all the other eu members on the reforms that he wants to achieve. this means he has to get an agreement from eastern europe. he has alienated a lot of the european governments because of his comments about migration and benefit terms of migrants to the u.k.. he has to be on a serious charm offensive to undo some of the tensions that we saw before the elections. francine: in terms of reform and renegotiation, what do

. >>> and the last day of campaigning before the u.k. election. why none of the major parties look likely to governor alone. >> thank you for joining us. now in the letter the ambassador writes we urge the international community to quickly intervene by land forces to save yemen especially aden and taiz and call upon the international human rights organizations to document these barbaric violations against a defensive population. well let's go straight to the united nations and speak with gabriel elizondo. what is the significance of this letter? >> well, this letter that we got our hands on has not been made public. however, we were able to get it from sources. it was sent from the yemeni ambassador to the u.n. to the lithuanian ambassador who is the head of the security council this month. it has called for ground troops to be sent into the country but also comes amid a time here that the united nations has a new envoy to yemen and he has been on its job for less than a week now. he's currently in paris where he was engaged in talks trying to kic

for the u.k. ndence party they only have one mp and most people in the streets wouldn't even recognize him. the only bit of this the polling organizations got right was their prediction for scotland the nationalist won all but three seats. all of the talk in westminster is that the prize will be full control over their finances as the conservatives try to stop another push for independence from the u.k. so the british political map has new fault lines, new political forces replacing old ones david cameron says he wants to forge one nation but with england supporting right-wing politics and scotland the opposite this appears to be a most disunited kingdom. >> let's go now to glass cow. >> reporter: she's now the most powerful woman in british politics and she wasn't even standing in this election. she has lead the scottish national party to an astonishing victory, all but sweeping the labor party out of scotland. >> it hasn't happened overnight or even just since the referendum. labor has been losin

mark: the u.k.'eporting the first acclimating operating profit -- declining operating profit in a decade. it's a milestone that probably is difficult to stomach for you and your shareholders. will it be the same next year, or is this a one-off? >> we will see how we perform going forward, but as you say, if has been a tough market in u.k. food retailing. we have announced a drop in profit. that is a beat to market consensus. we have beaten market expectations. clearly if has been tough, but in the context of how we fared relative to our peers, we outperformed the market. we can take some encouragement from the results. no one takes comfort from a drop year on year, but we have been relatively resilient compared to our peers. we announced a new strategy six months ago. we are constantly going forward. mark: like for like sales is a metric that geeks like ourselves like to look at. on a yearly basis, it is down by 1.9%. you said that it will be negative in the current fiscal year. on a periodic basis,

and the u.k. that yield is 1.9%. the currency markets, the dollar didn't get much direction from the jobs report. if anything it moved lower because we didn't see a rise in yields. the dollar today higher against the japanese yen and also gaining a little bit of strength against the euro because i think the greece concerns they are coming back to the forefront here and after that huge jump on friday holding on to some gains. we're seeing the dollar coming through 1.5423. >>> putting the pedal to the metal. alibaba, expands its global reach. >>> we get stuck into the adventure sports industry and see if it can stay on course for growth. that's coming up. why do we do it? why do we spend every waking moment, thinking about people? why are we so committed to keeping you connected? why combine performance with a conscience? why innovate for a future without accidents? why do any of it? why do all of it? because if it matters to you it's everything to us. the xc60 crossover. from volvo. lease the well e

we have been talking about what vodafone will do in the u.k. market. l be building it up from scratch. are they going to be able to do that on their own? possibly not. do they need to do acquisitions? possible yes. jon: the strategy you see is not some big acquisition but a local partnership here in the u.k.. guest: the story of global versus local is important. in the past 10 years we sold companies creating a wide footprint. they were showing these maps market aftermarket. that strategy has not really paid off and companies are going back to national markets and looking at it and saying i want to be the dominant player in that single nation on markets. so making it a wide partnership to enter new markets, it doesn't always pay off. they will be better off in positioning themselves as a dominant player in the u.k. market. jon: isn't it cheaper just to make a big acquisition to get you into the europe market and set of trying to take off small acquisitions here and everywhere? guest: it sounds nice but i think it is better to be selective. jon: we talke

. >> in the u.k., that is interesting to bring up. the ecb has been steadfast in trying to anything out a way to get back up and the u.k. in the pro-business move supports that in a way that will help out and what the u.k. did, i think it will be a positive thing for the markets as a whole. >> let's get to what really pops today and that is shares of visa and reports it is in talks with visa europe. and bill? >> 4% pop. right now it is giving back a little bit in the after hours so far. we learned today that visa is in preliminary -- again preliminary talks to possibly buy a former part of itself visa europe, a former subsidiary in a value of up to $15 billion and $20 billion. and that is according to a bloomberg report. and that would rank as the advisory biggest one yet. and the caveats, melissa, guys, apply here. this is a deal that is talks in early stages and the talks may or may not lead to a deal said the report. so interesting here though. remember the two companies split when visa went public back in 2007 and we know visa was

given the immigration policy of the u.k. was a huge debate and a central theme of the central election, whether it was the labor already or the conservatives. given that my 2017 possibly even by next year, britain will vote in a referendum promised by david cameron about whether it stays in the eu are not.this is a very contentious subject . one of the things the british media and others are exercised by his illegal immigrants who now are in broad daylight trying to get in to britain in an increasing number. unlike france, once you are in the united kingdom, you do not have to have id papers with you all the time. that makes it easier to melt into the background and once you are in the country to stay here. genie: thank you for that. next to the u.s. were at least five people were killed and a passenger train wreck in philadelphia. more than 100 more were hurt when the amtrak train off the rail. harry dawkins reports. >> a neighborhood was turned into a disaster zone. this passenger train the setting from washington dc to new

whether or not the u.k. ecide to you -- decide to leave the european union is still up, and david cameron promised there would be a referendum up in 2017. and we discussed some new data that came out, and the governors there decided to cut the forecast coming forward, down from 2.9% down to 2.5%. aey are still maintaining pretty positive attitude, they show the and implement rate, which is at five point 5%, and they say things can get better here in the next couple of years -- 5.5%, and they say things can get better here in the next couple of years. mark: it is obvious when you look at it, but there are some similarities between the u.s. and the u.k.. what are they? david: we have had problems with the, and the u.s., it has been pretty flat, and in the u.k., we trya dip, but everyone is to play a game of guessing when the central bank is going to raise rates, and this report became out earlier in the week make people revisit these forecasts and wonder if this is going to take place next year at the earliest,

. >>> and election day in the u.k., they will be deciding who will be the next prime minister. >>> this is al jazeera america live from new york city. a major ruling on the legality of the nsa's bulk collection of phone data. a federal appeal's court says the program is illegal, was never authorized by congress and exceeds the authority under the patriot act. but they did not issue an injunction against the practice. the judges wrote that they would let congress sort that out. the judges sent the case back to a lower court. the same court that had originally thrown the case out. the aclu sued the director of national intelligence. it wants the program stopped. joining us now via skype is kathleen, the national security and human rights deputy director at the government accountability project. kathleen great to have you. thanks for being with us. so the court did not rule on the constitutionality of the program. what does this ruling mean? if we don't know if it was constitutional and there is no injection. >> what this ruling means is it completely validates what nsa whistleblowers have

anna: the u.k. goes to the ballot box today to vote in the general election. 650 mps will be elected as voters get the chance to decide the makeup of the next parliament. around 50,000 polling stations across britain will be around london -- around the u.k.. a reminder from 6:00 tomorrow. guy: 12 hours of breaking news market reaction and analysis from westminster. the city and europe tracking the outcome of the u.k. general election. anna: let's talk about the earnings story. earlier this morning we got full-year numbers from bt. they sound up the for future growth. here is caroline hyde. what were the takeaways? caroline: digging into the numbers before we talk about the mega acquisition without the mobile company it is dying, it is already driving up profits some 3%. they were beating analyst expectations, we see that 121,000 people were added to their broadband customer base. it used to be a former telephone monopoly. now it is the biggest provider on the internet. 120,000 new customers is the eq

let's take a look at what the u.k. might be with the management director of -- great to have you with us. it is a roll of the dice in terms of what happens or how the various combinations go. especially for you, at the company and how have you changed asset allocations going into this election? >> there is some uncertainty. the likely outcome is not going to be known for some days afterwards. we have not changed our portfolio until we know for certain what the outcome is going to be. one way or another, we will probably muddle through. as we muddle through, things will carry on. caroline: you say if it is ok. what would be ok? >> the best outcome would be some continuation of what we had before, a liberal democrat coalition with the conservatives. we do not know whether that is likely or possible, but it is the best outcome. we are not looking at either party as being very extreme in this area. one way or another, it will work through. manus: you talk about mainstream markets and you see some of the headline markets as

. >>> well to the u.k. on now where david cameron's defied the opinion polls to win a second term as the country's prime minister. in fact he has actually strengthened his position by winning an effective majority. the leaders of three rival parties have all quit today. his party has taken 331 seats. the labor party 322. largely because the scottish national party has all by wiped labor out in scotland taking 56 out of 59 possible seats there. liberal democrats had been in coalition with the conservative party before may 7th, they have had a disastrous night. eight seats only remaining for them. down by 46. ♪ >> reporter: david cameron still in downing street and still prime minister. his conservative party confounded every single one of the polls and won a small majority. that allowed him to tell the queen he can now form a government. an election that was supposed to involve weeks of negotiations ended up over by lunchtime. >> as i said in the small hours of this morning, we will govern as a party of one m

the u.k. trident fleet. trident is the u.k.'s nuclear weapons system. all its nuclear weapons are in four submarines called trident. they're expensive program for more than 30 years which is a matter of significant debate now in the united kingdom. because it has been stationed in scotland. if you look at this from the scottish perspective, england put all its nukes and nuclear processing in scotland, making it a nuclear target, but also making it you know, potential nuclear spill, nuclear accident. and so with the rise of the scottish independence movement has come a formal statement by the scottish government the scottish national party, that they want those weapons out, and that if they get independence, they will take them out. and william mcneilly revealed to us, our analysis of accidents and of the dangerous activities that had happened in those -- in the trident and nuclear weapons system program and some extracts from the nuclear weapons safety book. and he went -- he learned quite a lo