i'm giving my back tooing theresa may. i'm giving my undivided backing to theresa may.o get brexit done. she is ideally placed to deliver a great outcome for our country. by the next general election, britain will be out of the eu, the question is on what terms and the japan's prime minister wants to know more about the uk government strategy. over three decades more than a thousand japanese firms have established in britain. notjust the big three car makers, but manufacturers and banks. both ways, it is a relationship that matters. but some ofjapan‘s banks are worried their access to eu markets could suffer. some financial institutions have announced that they prefer moving certain number of operations from london to europe, to retain the single passport within the eu. do you still think that no deal is better than a bad deal and we could would being away? yes, i think that is right. if you talk about the point at which we leave the eu, we want to ensure that at that point we do have a deal and we have a deal that is the right deal for the united kingdom. after about e

theresa may may wa nt to japan's position?ant to expand upon the epa, and make it into fpa, a free trade agreement. but now there is the thought that we can look towards developing a fta. —— fta. 0ne thought that we can look towards developing a fta. —— fta. one of the reasons we have such a lucrative relationship is the uk's access to europe. unfortunately, that is under a huge question mark. and we are not seeing any progress. and that is certainly a big miners, which theresa may will probably have to be challenging in the next you days. seijiro takeshita, we appreciate your time. and i will keep a very close eye, we all will, on how she gets on in japan. now, let's just reflect, for a moment. you may remember, it has been about two years now says angela merkel took the momentous decision to suspend the eu protocol, and open germany's borders to almosti million migrants, many escaping the war in syria. the numbers coming in to the country have since dwindled, but for those who have made their home in germany, finding employm

i'm giving my back tooing theresa may. we need to get brexit done.at outcome for our country. by the next general election, britain will be out of the eu, the question is on what terms and the japan‘s prime minister wants to know more about the uk government strategy. over three decades more than a thousand japanese firms have established in britain. notjust the big three car makers, but manufacturers and banks. both ways, it isa manufacturers and banks. both ways, it is a relationship that matters. but some of japan‘s it is a relationship that matters. but some ofjapan‘s banks are worried their access to eu markets could suffer. some financial institutions have announced that they prefer moving certain number of operations from london to europe, to retain the single passport within the eu. do you still think that no deal is better than a bad deal and we could would being away? yes i think that is right. if you talk about the point at which we leave the eu, we want to ensure that we do have a deal and we have a deal that is the right deal for the uni

but he sticks to his guns on matt and advisers theresa may to continue with that policy. get a few revelations, he is still very loyal to theresa may, he continues to see she is the best person to lead the country through brexit, and she has done a very good job of stabilising the country since the election, but i don't think, if we we re the election, but i don't think, if we were hoping for any great revelations about working in downing street, we didn't get them in this interview. i was going to ask, is that any damage done to theresa may or would she be happy with this?|j think or would she be happy with this?” think she would be. nick timothy has been one of her most loyal lieutenants, he worked with her before she became a minister. he was a right—hand man. he doesn't simply say he rejects the notion that he was the brains behind her. he thinks that's a rather sexistjudgment. he says theresa may has plenty of ideas of her own. but he is going to be writing a regular column in the telegraph and also in the son. the line, we might get some revelations. greater manchest

in a sense theresa may's comments will not worry the party.e is a completely different story because few in the party see her leading the party into the next general election. many say it is not if she goes but when. i would be very surprised if theresa may deep down really believes she would be still leading the party come the next general election. but, as one of our former advisers said, how could the prime minister have a nswered how could the prime minister have answered the question any differently in the middle of brexit negotiations. we have had the likes of the former education secretary, nicky morgan, sacked by theresa may saying she definitely doesn't want the prime minister leading the party in 2022. lord heseltine scoffed at the idea but borisjohnson of bomber leadership rival now foreign secretary led the defence of mrs may saying he thought she could win the majority at the next election. i think it will depend on how brexit goes as to when theresa may leaves number ten and think that is there is it backbench mps decide her time

he is advising theresa may to stick with promising to intervene in markets.t will be coming in the telegraph, he will also be writing for the sun in the coming months, too, but i do not think it is going to be a tell all, but we might get a few insights down the line. the un will vote on tough new economic sanctions today that seeks to deprive north korea of 1billion dollars in revenues as the united states attempts to stitch together an international coalition to convince the regime to halt its nuclear programme. the us—drafted resolution proposes a drastic export ban on key products in retaliation for two intercontinental ballistic missile tests last month well, a short time ago i spoke missile tests last month. well, a short time ago i spoke to sir emerones parry — he's the uk's former ambassador to the united nations. he told me there are few options available to deal with the threat from north korea. the sanctions haven't worked before, so the sanctions haven't worked before, so is the idea they will become increasingly more punitive? there is a degree o

we have had the likes of the former education secretary, nicky morgan, sacked by theresa may saying shent the prime minister leading the party in 2022. lord heseltine scoffed at the idea but borisjohnson of bomber —— former leadership rival, now foreign secretary led the defence of mrs may. he thought she could win the majority at the next election. i think it will depend on how brexit goes as to when theresa may leaves number ten and think that is there is it backbench mps decide her time is up there will be very little she can do about it. thank you eleanor. there have been two explosions at a chemical works in texas, which was badly flooded by tropical storm harvey. the owner of the plant near houston, had warned that a loss of power, meant volatile chemicals could overheat. the surrounding area has been evacuated. this report from simonjones contains some flashing images. there have already been two at the arkema chemical plant near houston. the site is flooded. it's lost power. the volatile chemicals can't be kept cool. the owner had warned this was inevitable, and the concern is t

, were theresa may's closest advisers.e had really any great revelations from this interview. and no real apology, or any hint of contrition, about what went wrong. there were a few reflections, having continuity message rather than a promise of change. with hindsight he says he perhaps wouldn't have made it such a presidential campaign, focused almost exclusively on theresa may rather than the party. he also says they underestimated jeremy corbyn and, as you say, should have focused perhaps more on the economy. but i think of reflections, some regrets but still quite a bit defence of some key areas, for example the policy on social care that seemed to really change things in the election campaign, because theresa may presented that policy and it didn't go down well on the doorstep. but he sticks to his guns on that, says he advises theresa may to continue with social care reform in that way. we got a few revelations on that he is still very loyal to theresa may. he continues to say that she is the best person to lead the

theresa may's former chief—of—dtaff, nick timothy, has been speaking theresa may's former chief—of—staff to the daily telegraph to explain where he thinks the general election campaign went wrong for the conservatives. he says that when she became prime minister, theresa may understood that the country wanted fundamental change, but he says "it was a reassurance and continuity campaign rather than a change campaign. i think that was wrong". after the election chancellor philip hammond has criticised the way campaign, saying the conservatives should have focused more on their economic record. mr timothy seems to accept this, saying, "it probably is true that there should have been more on the economy during the campaign". however although he accepts some criticism of the campaign he helped run, he warns the tories not to go to their comfort zone, saying, "if the party retreats to a much more orthodox conservative proposition we do risk the election of a dangerous leftwing alternative." earlier i spoke to our political correspondent leila nathoo and asked her about the significance of the

as such about theresa may. that the tories should not have put this continuity message, should have stuck with the message of change. with hindsight, he says it perhaps should not have been such a presidential campaign, and he does say they probably underestimated jeremy corbyn. but i think, you know, it is a broad brush look, what you get is that he remains extremely loyal to theresa may, he is not going to spill the beans, still very much in support of her as the right person to lead the country, saying she has done well to turn things around after the election. so much of that is interesting, because you talk about no particular sign of contrition. people listening to this, nick timothy and fiona hill we re this, nick timothy and fiona hill were not household names, they were inner circle people, but we cannot overstate the role they played with theresa may and in the election campaign. so people reading the telegraph might think, well, you had an awful lot to do with this! absolutely, and they did fall on t

how key is that in keeping theresa may in number ten?exactly the right vision of britain after leaving the european union, when she made her lancaster house speech at the beginning of this year, which was a big, generous statement about a country that is outward looking, engaged with the world, going to have closer friendships with eu partners. precisely because we are not always butting up against them when they want to go to a deeper integration politically and economically, than was ever going to be possible for the united kingdom, soi be possible for the united kingdom, so i think she set out exactly the right approach, the right framework. it's a warm, cooperative arrangement with the eu, and a big gesture to the rest of the world, the fast—growing markets of the world. the re—establishment and rekindling of some of those older friendships and trading relationships we've had around the world long before we were involved in the european union. pleasure, graham brady, conservative mp. 20 years ago today diana, princess of wales died i

he was one of theresa may's inner circle.y advisers and played a role in the election. he was one of the co authors of that manifesto which seemed to not go so well for the conservative party, but i have to say in this lengthy interview, there are no huge revelations as you might expect from someone who had that kind of access, that kind of insight into the campaign and into theresa may. we didn't learn anything new as such about theresa may. what she was like to work with. we've heard a bit of reflection. no real tone of contrition though for perhaps throwing away that majority that the tories thought that they would have. he's talking about the fact that they shouldn't have pushed the continuity message and stuck to the message of change with hindsight, perhaps he says it shouldn't have been a presidential campaign that the conservative party ended up running and he does say that he thinks that they probably under estimated jeremy corbyn, but i think it's a bit more of a broad brush look. what you certainly get he is remain

theresa may didn't come to japan to bolster her leadership back home.lly focused on trade and security. and this morning, the two countries marked their close defence cooperation at a naval base near tokyo. but theresa may, back from her summer break, has faced speculation about her political sell—by—date since losing the tories' majority injune. her plan, revealed here injapan, to lead the tories into the next general election would see her stay in number 10 through brexit and beyond. if, of course, her party and mps agree. so, theresa may ploughs on with brexit, keen to reassure japan's political and business leaders she does have a plan for protecting their interests in britain. the uk, traditionally, has had very good economic relations with japan. but the uk of course has been a very important part of the european union, of the european single market. and for many japanese companies here in europe, the uk was actually almost like a gateway to the european market. the japanese government has been public and frank in the past about its concerns. and,

there is a real dismay at the mediocrity of theresa may's team.nt bluffers. i think you have to keep all cabinet is — look, i had my review period. i was handed me at p45. i think every body has a shelf life. i think need to make sure that a team holds together and let you all work together and support each other. but if you change the faces around the tables, just for the sake of it, that is a mistake. she has moved a lot of people into different jobs, but she didn't bring in any new blood. will a reshuffle... that is why the privacy can't stay in office forever. isn't it? ithink just in terms of younger voters, i think thinking about it, we need to think thinking about it, we need to think is a party how we will appeal. the trouble is, if you look at the way that the boat is backed up, we have a lot of old people, not so many young. and the older dying off, and the younger, there will be more and the younger, there will be more and more of them. of course. and you need to have views and policies and so on that appeal to the young generation. tha

theresa may accepts eu law will influence the u.k. after brexit as she seeks to accelerate divorce talks. anna: the president addresses economists this morning. will he get away anything ahead of jackson hole? manus: hong kong trading is s thended at the tycoon hit financial house. ♪ anna: a warm welcome everybody to our flagship show here. donald trump has finished speaking in arizona. much more about his threats on nafta, his threats about a government shutdown in a moment. --re is one market which is not even quietly roaring away. nothing quiet. digging industrial metals out of the ground or the industry. this is the industry metals index. a limited, copper, nickel of 30% -- aluminum, copper, nickel up 30%. if you are along the subplot here which is energy and the commodities, relative to the base. addicted to base. this is about the global recovery. aluminum is capping the longest weekly rally in three years. this is the one to be in. anna: interesting research talking about the skyhigh steel prices. the divergence we are seeing b

trade, clearly, is the focus for theresa may.ight over, talking to reporters. japan is a hugely important trade partner to the uk, both as a place for uk goods to be exported to and, today, aston martin announced they were making a £500 million investment here. crucially, japan's investment in the uk over decades. the big car plants, other manufacturers in the city, japanese banks. theresa may, while she is here, will be wanting to reassure japanese politicians and businesses that brexit is not going to jeopardise their investments in the uk. they have, for many years, seen the uk, in part, as a gateway into the uk, in part, as a gateway into the eu, into the single market. i think she is going to have lots of questions thrown at her about how exactly questions thrown at her about how exa ctly 5 he questions thrown at her about how exactly she sees the next 18 months, two or three years unfolding through the transition and beyond. she will also want to be starting to do some preparatory work for a future uk and japan trade deal,

they're two prime ministers in tune, shinzo abe has rolled out a very warm welcome for theresa may on reception will be quite so generous when she gets back to westminster is another matter, after the surprised pledge to lead britain and her party into the next general election, a vow repeated today. i said i wasn't a quitter and there's a long—term job to do. there's an importantjob to be done in the united kingdom. we stand at a really critical time in the uk. this fighting talk comes only three months after mrs may called a snap election and lost her party's majority. but, with brexit negotiations under way and no obvious rival in sight, most, but not all, tories seem willing to let her carry on, for now. we've made a decision, we want theresa may to get on with the job. we think it's an importantjob. it's critically important for the country that we get the right outcomes. i don't see any immediate change, but i think it's unrealistic to plan on the assumption that theresa may's going to be fighting the next election as leader of the conservative party. i don't think theresa may w

we're told they touched on brexit, something very important to theresa may to discuss. an is particularly focused on more immediate events over security. it's like your way home more about this. mrs may talks generally about how the uk will continue to work with international partners to try to keep up this pressure on north korea. many thanks, emma vardy. the headlines bbc news: as texas continues to cope with floods from storm harvey, the storm moves east, inundated the city of port arthur, closing the country's largest oil refinery. north korea says the firing of a missile overjapan was the first step of its military operations in the pacific after the un security council unanimously condemned the country. president trump says talking is not the answer to defusing diplomatic tensions. prince william and prince harry visit a memorial garden for their mother on the eve of the 20th anniversary of her death. in sport liverpool and arsenal have opened talks about alex 0xlade—chamberlain, liverpool looking to sign him after he refused a move to chelsea. concerns for the hea

now an up date from japan, where theresa may has been has talks with herjapanese theresa may has beenad words from the prime minister‘s deputy official spokes person saying that on north korea the prime minister told mr abe that the uk stood should tore shoulder with japan in the face of north korean aggression and discussed the importance of the un showing unity. they focussed on a means to putting economic and political pressure on north korea. and on brexit, we are told that theresa may took the japanese prime minister through the process so far, including the third round of negotiations and she said that the uk wasa negotiations and she said that the uk was a strong supporter of an agreement being sought between the eu andjapan agreement being sought between the eu and japan and saw it as a good basis for the start of its own trading agreement with japan and prime minister abe we are told was positive about that. more on that to come. now the weather. sunshine and showers for much of the north and west of the uk today. 0utbreaks north and west of the uk today. outbreaks of rain wi

prime minister theresa may is visiting japan a day after a missile flew over the country.th korea, high on the agenda. well, i want to work with prime minister abe, to work with other international partners, to do what we all want to do, which is to stop north korea from conducting these illegal activities. we want to work with international partners to see what further pressure can be brought on north korea and, of course, particularly look at what china can do to bring pressure on north korea. beijing has hit back at the prime minister for her comments, saying she should first ensure the country is fully implementing sanctions. china has also blamed the us for escalating tensions and has heavily criticised the joint military exercises being conducted by american and south korean troops. translation: china stands opposed to any chaos or war on the peninsula. enhancing military action on the peninsula will not help towards achieving the goal of demilitarisation or regional stability. on tuesday, south korea also released video of its own missiles, a response to north korea

a message from theresa may p we talk about brexit and japan next. -- theresa may.alk about brexit and japan next. ♪ manus: from whiskey to buildings we have breaking news. there is a live shot of hong kong. hang seng down by .6% as we stand in trading. you've got the yuan moving higher. telecoms company, they have delivered and confirmed the party 17 outlook, the first-half net income. a loss last year of 28 million euros. markets have penciled in -- it is a confirmation of their look and they are set to potentially benefit from the massive expansion of the paris transport network. will paris get the 2024 olympics. 60% of their revenue comes from france. mr. macron, will he spend? that could be another nice piece that adds to the story. organically current operation profitability of 3% to 5% and that to me, i had 5% written in. profit desk 2016 profit -- penciled in 2.41, that is a mess. -- that is a mess. profits of 3% to 5%. that is a raising of their earnings forecast and was it due to jamison. you've got the world's largest distiller, jamison whiskey extending

here injapan prime minister theresa may said china must now do something.ith international partners to see what further pressure can be brought on north korea. and of course particularly look at what china can do. in beijing china's foreign ministry spokeswoman had this rather caustic response. translation: some countries dash forward when it comes to imposing sanctions. but hide away when it comes to asking for peace talks. this is not the attitude of a responsible nation. there is growing suspicion that north korea could not have developed this new missile so fast by itself. there is also agreement that it must be stopped. but there is none on how to do it. china wants talks, the us, britain and japan, more sanctions. meanwhile north korea is almost certainly preparing for its next test. rupert wingfield hayes, bbc news, in tokyo. our north america editor jon sopel is in washington. we have had all sorts of warnings from mr trump. we saw another one there in rupert's report. people will want to know what he is actually going to do. george, it is interesti

before we let you go, we need to ask you about the top story today, theresa may going on and on untilction and on a harsh day, you may say that is her fault, maybe you blame yourself or her, what is the reaction to her leading the party to the next election? we do not know when the next election is going to be, we are in a minority situation and we have difficult decisions to make over brexit so this is a tabular time. i suppose it is wise for the captain of the ship to point out she is still holding on. would you welcome her being leader at the next election? i thought she was the right choice in the beginning when she first became prime minister. i was taken aback at the decision to have a general election when she did. i was also surprised to read the manifesto and i can see you smiling! but i am sure if she were to read us to the next general election, she would focus on the economy first of all. as a key issue. and i cannot imagine any mention of fox hunting! those are lessons to learn. sorry to digress, thank you, both. google is being accused today of trying to close down publi

japan's prime minister, shinzo abe, welcomes theresa may to tokyo.ill north korea overshadow trade negotiations? from bicycles to football, we look at where —— whether the sharing economy has gone too far. it is wednesday, everyone. glad you could join us for this edition of asia business report. i am rico hizon. as we mentioned in the headlines, uk prime minister theresa may is injapan from today for a three—day visit. before we get to that story, let's check out the state of the world's third—largest economy. here is our asia business correspondent. about a year ago, the economic news coming out ofjapan was still pretty gloomy. after all, this was a country which struggled with falling prices and slower growth since the stock—market collapsed company bubble in the 19905. but collapsed company bubble in the 1990s. but now things might be looking up. what has givenjapan's economy this bounce? low unemployment is helping wages to grow just unemployment is helping wages to growjust a unemployment is helping wages to grow just a little unemployment is h

rachel, theresa may is on the mail. rachel, theresa may is on the warpath.she has written a piece in the mail on sunday talking about, the excesses and irresponsibility of big businesses with their culture of greed, of fat cat buses. i would issue men imagine that this is coming after the snap election where it became clear that labour party which talked about addressing the rampant wealth and inequalities in this country proved to be really popular, the kind of policies there are habit patterns about resonated with the public and resulted in an unprecedented and unexpected 4% richer. it seems to me that theresa may is trying to position herself or the conservative party is one that is also interested in tackling wealth inequalities kubot the trouble i have is that nobody would believe that of the conservative party that it has been consistently associated with looking after culprits is and elites. has been responsible for some of the public sees have cemented such wealth and inequalities in this country. indeed, everything she said so far such as workers on

britain's prime minister, theresa may, is midway through a three—day visit to japan aiming to ease concernsand prepare the way for a trade agreement. mrs may has described japan as a "like—minded nation," and a natural trading partner. but tokyo has been forthright about the potential impact of brexit on its companies based in britain. 100 days after militants in the philippines loyal to islamic state occupied the southern city of marawi, president rodrigo duterte says the battle there has entered its "final stages." he was speaking shortly after government troops secured a vital bridge. 800 people have been killed and hundreds of thousands of people displaced in the conflict. now, terrifying pictures of a car going backwards into a river in central china. it's thought the driver accidently hit the accelerator instead of the brake. a mother and daughter amazingly suffered no serious injuries. the entire accident tookjust ii seconds and was noticed by a swimmer who along with another pedestrian pulled them out of the car. the british royals, princes william and harry have visited a memorial

i think everyone's eyes will be on theresa may to see if she will be on theresa may to see if she wille on theresa may to see if she will be a poodle in this. or, support a nato ally. if she looks like she is going in because maybe she wants a trade deal and a better relationship. although there is probably a lukewarm feeling to sending troops we saw what happens in syria when you do not intervene so in syria when you do not intervene so there might be more public support. the financialtimes. trump and sanctions. us sanctions raise pressure on russia and china to sever north korea links. the company is america identified in russia and china and what they think is helping send materials to north korea for these missiles and it comes after heightened tensions between america and north korea. especially with china, the donald trump administration is frustrated china has not done more to control north korea and they think they can stop that china has a sway there. by forcing sanctions, in a way america is trying to force china's hand. already we have the response from china which is they e

ta ke secretaries including theresa may take a different stance on it. amber rudd is saying that stop and search has a place in policing. it should be increased. that also has the support of cressida dick, the commissioner. they are saying this because of the number of acid attacks that have been happening, particularly in the evening standard, this is what they write about it a lot at the moment. crime is changing and right now, at the threat of acid attacks, they are saying stop and search has its uses. you are right to say it goes back a long way. i remember the brixton riots and stop and search was an issue then. i remember that the home secretary theresa may criticising the police federation for stop and search and saying they were too enthusiastic and only 10% of those incidents resulted in and arrests. stop and search at a particular section of the community? show by the researcher was directed at a particular section of the community, the black community in south london. the metropolitan police backed off from that and the number of stop and sear

we've made a decision, we want theresa may to get on with the job. we think it's an importantjob. it's critically important for the country that we get the right outcomes. i don't see any immediate change, but i think it's unrealistic to plan on the assumption that theresa may's going to be fighting the next election as leader of the conservative party. i don't think theresa may will stand down of her own accord, she would never to have a challenger to go forward to her. she is not a quitter. she's very resilient, and she will be there for as long as the conservative party want herto be. given north korea's latest missile test over this island, defence was a focus of talks here, as was brexit, with japan anxious to protect its investments in britain. translation: on brexit, we would like the impact on our companies minimised. we want predictability and transparency ensured during the negotiations. mrs may says she's listening, so that a smooth brexit transition is realised. it's the long—term issues of trade, the consequences of brexit, defence and security cooperation that have d

the other main stories on bbc news at five: on a visit tojapan, the prime minister theresa may repeatser claim that she has no intention of standing down before the next election. i said i wasn't a quitter and there is a long—term job to do. there's an importantjob to be done in the united kingdom. we stand at a really critical time in the uk. officials in texas warn of an "incredibly dangerous situation" involving a chemical plant in houston flooded in tropical storm harvey. 20 years after diana's death, we report on the tributes at kensington palace. we will be assessing diana's legacy and asking what reaction to her death meant for the british monarchy andindeed death meant for the british monarchy and indeed for britain itself. in the premier league, the transfer window closes on more than a £1 billion worth of business. it's 5.00pm, our main story is that there's been "no decisive progress" on key issues in the latest brexit negotiations in brussels and that there are issues of trust between the two sides. that's the assessment of the eu's chief negotiator, michel barnier, who say

would you be comfortable standing for re—election under theresa may?latform... you'd be asked, though, "do you support the prime minister?" i think theresa may's had — she's had a difficult first year as prime minister. an election that didn't go the way we wanted. there are changes that've been made now at number 10, some great appointments. but voters will ask, did she support strong and stable leadership, and a lot of them said "no, thank you." labour's vote went up to its biggest since 1945 in terms of the share of the vote! well — but — the conservatives had a, you know — my seat, for example, i think i've the highest certainly vote share that the conservatives have had since it's been on the current boundaries, for example. but you've got a government that doesn't have a majority. as i say, i can't — you can't get away from the results. what could she change that could make her acceptable to you as a leader for the next election? i think one of the things that's been missing, you know, a real move to reconcile the fault lines in the conservative

as we saw theresa may is injapan as the north korean crisis unfolds and — not surprisingly — it's high japanese prime minister shinzo abe. but the main purpose of mrs may's three—day visit is to pave the way for a trade deal with japan after britain leaves the eu. japanese firms based in the uk employ about 140,000 people. 0ur political correspondent ben wright has travelled with the prime minister, his report contains flashing images. a soft landing is what theresa may is promising on this, her first trip to japan as prime minister. wearing the colours of the country's flag, this visit is a reminder that brexit is not just about fractious talks in brussels, it's about reassuring long—standing allies and investors to britain beyond the eu. and few are as important as this. well, i'm going to be talking to my japanese counterpart prime minister abe this week about the future relationship between the united kingdom and japan, about how we can build on what is already a good, strong relationship. but build on that in the areas of security, defence and yes, trade. and look to the arrangeme

you mentioned those comments coming from theresa may. but prime minister abe striking a more cautious tone saying, yes, he did have trust in the uk economy post-brexit. he believed it would continue to be a base, important base for japanese manufacturers, but he also said it was important for brexit negotiations to be more transparent. a lot of japanese business leaders are watching this three-day trip closely for signals about where the negotiations are going you may recall they've been quite vocal in terms of addressing their concerns. just three months after the brexit vote last year, the ministry of foreign affairs here put out a note saying many of the business leaders would consider moving their headquarters away from london as a result of the brexit vote. we have already started to see that some big banks like nomura and mufg saying they would be leaving london and moving employees to other cities, but there's also business leaders contemplating their future there. we had a chance to speak with the former minister of economic and

so far so good for theresa may, although it's still a long way from hitting her target to reduce net migration to under 100,000 a year. but the figures also reveal that the problem of non eu migrants overstaying their visas is simply not as big an issue as previously thought. far, far fewer international students end up overstaying their visas than the home office has always claimed. here's our policy editor, chris cook. as home secretary, theresa may picked a fight with universities, in her determination to get net migration down to under 100,000 a year, students from outside the eu were a prime target. we welcome students coming to study, but the fact is, too many of them are not returning home as soon as their visa runs out. if they have a graduate job, that is fine, if not, they must return home. so i don't care what university lobbyists say, the rules must be enforced. students, yes, overstays, no. 0verstay as were a critical issue to her, how many of them were there? in migration, the most important data source is the international passenger survey, how we monitor net migration

the prime minister, theresa may, says she wants to lead the conservatives into the next general election second day of the trip is being dominated with discussions on trade, the security operation, uk troops will be training with japanese troops. but this trip will be remembered for theresa may's unplanned yet very blunt declaration on her own political future and her intention to lead the conservative party into the next general election in 2022, trying to scotch the rumours since the botched general election injune that she is not long in thejob. she wa nts to that she is not long in thejob. she wants to make it clear now that not only does she want to see britain through brexit, but she wants to ta ke through brexit, but she wants to take it beyond that. people within her party in parliament will be perfectly comfortable with that. there is no clearly bishop rival waiting in the wings. but long—term, ultimately theresa may's fate is in the hands of her party, and if they decide that it is untenable for her to be continuing that long into the future, then frankly, she won't be. the for

we've already mentioned theresa may being injapan in the context of north korea.or a trade deal with japan after britain leaves the eu. here's our asia business editor, karishma vaswani on how that is shaping up. i think that theresa may, as she makes her way through over the next couple of days while she is in toko, meeting with the japanese prime minister, shinzo abe, and other delegates from both sides, she will be trying to bang on about british business, but i think she will find it very difficult to get the sort of agreements that she would like to see. that is not to say that the japanese don't want a deal with the uk- japanese don't want a deal with the uk — they do — but the kinds of assurances they are looking for from london and theresa may, she isjust not able to get them as yet. and what they want to know is, what exactly will be the uk position in a post—brexit world with regard to the eu? remember, japan has invested some £40 billion into the british economy. there are more than 1000 japanese companies there, and the majority of them have been using

theresa may meets shinzo abe to discuss life after brexit. but the uk can't strike any sort of free—trade deal until it actually quits the eu — so what progress will they make? we'll have an expert view. also in the programme, in touching distance of parity. a strong euro and weak pound push the two closer. but it's good news and bad. we'll assess the winners and losers. and here's how those markets are faring across europe — and that euro sterling rate. that's the current rate and how european markets are doing. we will tell you all you need to know. and cashing in on cupcakes. we meet the man who created an empire built on baking. the founder of the hummingbird bakery will give us the inside track on the finding the recipe for success. and so today — and this is in no way a business question, but we just want to know — what's your favourite? lemon drizzle, red velvet, double chcolate? let us know. no reason. just because. use the hashtag #bbcbizlive. we look forward to hearing from you. if you follow me on twitter you know that the home—mad

they're two prime ministers in tune, shinzo abe has rolled out a very warm welcome for theresa may on quite so generous when she gets back to westminster is another matter, after the surprised pledge to lead britain and her party into the next general election, a vow repeated today. i said i wasn't a quitter and there's a long—term job to do. there's an importantjob to be done in the united kingdom. we stand at a really critical time in the uk. this fighting talk comes only three months after mrs may called a snap election and lost her party's majority. but with brexit negotiations under way and no obvious rival in sight, most, but not all, tories seem willing to let her carry on, for now. we've made a decision, we want theresa may to get on with the job. we think it's an importantjob. it's critically important for the country that we get the right outcomes. i don't see any immediate change, but i think it's unrealistic to plan on the assumption that theresa may's going to be fighting the next election as leader of the conservative party. i don't think theresa may will stand down of h

that is what is keeping theresa may in place. indeed. the fa ct theresa may in place. indeed.t is there seems to be either they say she will come by christmas while this has been going on ever since the disastrous election results, the election that was was hers to win but was hers to lose and will she stay until the brexit negotiations are officially ending in 2019 or is that when the real fight for the manoeuvring, let her do all that kind of legwork and these are questions that are being asked within the conservative party because the alternative scenario is talking ready about the disintegration and because of the deep divisions within the conservative party, 44 years into the involvement in the eu. which ta kes the involvement in the eu. which takes us on to the sunday telegraph. suggesting philip hammond and liam fox have put an end to inviting —— in fighting with a promise to leave the customs union. it is interesting. it is like all of this, you just wonder the point as it is summer. you just wonder the point as it is summer. this is the news stories if we are not look

let's move on to theresa may. that is a surprise statement.re for the long haul. i think this is a media confection. what else is she meant to say when she is asked? no prime minister can say yes, i am here for just as long as my cabinet and the people around the want me to be. she is never to say that. if you look at the wording that she came outwith, she has come out with careful wording. what she said is not i am here to fight for the long—term, she said the things that i want to fight for our long—term issues. that is a slightly different thing. but you know this well enough, mark. the conservative mps around this will pick up on anything and everything. they are acutely tuned to the language, and she knows that as well. yes, she has that as well. they will listen to what she said, but also look at the headlines. and the headlines at 11:00pm different story. so you know, this will cause problems, i have no doubt. it will say, you know, you are only around as long as we want you around. they all know that in the background. but the way the

what might be interesting is so far we don't know what theresa may stands for.d herself, she didn't define herself at the start and maybe some of these columns might shed some light on it but so far she hasn't got a defining ideology. the only thing that will define her is the election and brexit. waiting for fiona hill's version of events?” suppose out of the two she has taken a lot more stick, the press has been unrepentantly a lot more stick, the press has been unrepenta ntly hostile towards a lot more stick, the press has been unrepentantly hostile towards her andi unrepentantly hostile towards her and i suppose the next big flashpoint in this will be the two books on the election that come out on the yvonne conference, that will be incredibly problematic for theresa may. it's becoming an annual thing, the bookjust beforehand. we've done this every night this week. you have come in from france. i flew in from the south of france yesterday and i went through passport control at marseille airport faster than ever before. may be the guy doing the passport check

where does this leave prime minister theresa may? hurricane harvey may have been downgraded, but gasoline hits a two-year high. this is bloomberg. ♪ francine: this is "bloomberg surveillance." let's get straight to the bloomberg business flash. nejra: china is creating the world's largest power company as the merger of chinois group with one of the nation's biggest power generators has been approved. the new company would have total assets of $271 billion. wonder hotel development fell after chinese media reported that its billionaire chairman and his family were stopped at an airport. the real estate and entertainment group denies an article and other reports on the travel ban. buy strugglingto australian broadcaster 10 network. the deal saves 10 network from collapse after the new york-based media giant pledged immediate financial support. 10 has crumbled under the cost of buying programs from the u.s. has reportedlyr appealed the verdict that sentenced him to five years in prison. on friday for bribery, embezzlement, and perjury, a

i understand that theresa may is a fan of cricket so hopefully she can enjoy coming out here and havingf us. that's all from sportsday on a day where the west indies gave a reminder they can still be a force in test cricket. coming up in a moment, the papers. before we get into the papers, we have some breaking news. kezia dugdale has resigned as the leader of the scottish labour party. that has taken people by surprise. she says the party needs a new leader with fresh energy, drive and a new mandate, apparently. she is talking about the party needing to prepare for the next holyrood elections in four yea rs' for the next holyrood elections in four years' time with a new leader, and in an interview with the bbc scotla nd and in an interview with the bbc scotland political editor, kezia dugdale said she was not going before she was pushed. the poor showing of the labour party in scotla nd showing of the labour party in scotland at the last election probably did not help matters for the leader of the labour party there but she has now decided to stand down and resign as leader of the scot

the i leads with theresa may's battle to remain tory leader after the party lost its majority in theion. the telegraph reports a call from the conservative mp, jacob rees—mogg, to cut stamp duty and income tax. in an article, mr rees—mogg denies speculation that he is considering a bid for the party leadership. the daily express leads with brexit and calls for a second referendum from the former foreign secretary, david milliband. the times reports that government officials are rushing in key brexit decisions during the summer, whilst several politicians are on holiday. the financial times says the head of the european commission, jean claudejunker, is seeking tighter controls on foreign takeovers of eu companies, amid fears of surging chinese investment. the metro leads with the violence in cha rlottesville — it has a picture of the alleged killer with a neo—nazi group at the rally. the guardian says that president trump is facing criticism from all sides, for failing to explicitly condemn the violence from the far right. and the daily mail reports on the nhs drive to reduce the num

the i leads with theresa may's battle to remain tory leader after the party lost its majority in theorts a call from the conservative mp jacob rees mogg to cut stamp duty and income tax. mr mogg denies speculation that he is considering a bid for the party leadership. the daily express leads with brexit and claims of a possible second referendum following comments made by the former labour leadership hopeful david milliband. the financial times says that the head of the european commission, jean claudejunker, is seeking for tighter controls on foreign takeovers of eu companies, following fears of chinese dominance. the metro leads with charlottesville and highlights a picture of the alleged killer with a neo—nazi group at the rally. and the daily mail reports on an nhs battle to tackle early deaths caused by heart disease. we will begin with the metro and what has been happening in charlottesville. what has been happening in cha rlottesville. tru m p what has been happening in charlottesville. trump swamped by neo—nazi row. the lincoln to condemn the bigots specifically, the groups l

are showing a large drop in support for prime minister theresa may to reason may changes have a manifesto policy on social care after just four days but insists it's not a u. turn nothing has changed. nothing has changed the polls are once again the shifting of leaders narrowed considerably it may come down to the scottish national party to be the king makers what was a sure bet from the start of the campaign is now not so obvious let's just go for. not the few. over. twenty seventeen. he's going to be a hung parliament. this is a disaster for me obviously. this is going underground on the green outside the british parliament as u.k. prime minister theresa may makes a deal with the d u p a political group previously linked to protestant paramilitaries some argue it's like jeremy corbyn and one had become a british prime minister in a coalition with chin fame previously linked to the ira coming up on the show. from you gives nigel farage the boss of britain's biggest union. as well as shadow chancellor john mcdonnell about thursday's bizarre general election john what do you think your ele

theresa may has said she's "not a quitter" — and repeated her pledge to lead the conservatives in thepported by some senior conservatives, but others have questioned whether she will still be leader in five years time. our correspondent ben wright has been travelling with the prime minister, his report contains flash photography. they're two prime ministers in tune, shinzo abe has rolled out a very warm welcome for theresa may on this three day trip. whether mrs may's reception will be quite so generous when she gets back to westminster is another matter, after the surprised pledge to lead britain and her party into the next general election, a vow repeated today. i said i wasn't a quitter and there's a long—term job to do. there's an importantjob to be done in the united kingdom. we stand at a really critical time in the uk. this fighting talk comes only three months after mrs may called a snap election and lost her party's majority. but with brexit negotiations under way and no obvious rival in sight, most, but not all, tories seem willing to let her carry on, for now. we've made a

prime minister theresa may is visiting japan a day after a missile flew over the country.orth korea, high on the agenda. well, i want to work with prime minister abe, to work with other international partners, to do what we all want to do, which is to stop north korea from conducting these illegal activities. we want to work with international partners to see what further pressure can be brought on north korea and, of course, particularly look at what china can do to bring pressure on north korea. beijing has hit back at the prime minister for her comments, saying she should first ensure the country is fully implimenting sanctions. china has also blamed the us for escalating tensions and has heavily criticised the joint military exercises being conducted by american and south korean troops. translation: china stands opposed to any chaos or war on the peninsula. enhancing war on the peninsula will not help towards achieving the goal of demilitarisation or regional stability. on tuesday, south korea also released video of its own missiles, a response to north korea's test. b