therese, let me start with you. prime minister may saying she will step down. is this a concession to brexit hardliners for them to back her deal that will get a third vote now? therese: it is the last card to reason they has left to play, her deal has been rejected twice by parliament. the speaker of the house adicated it cannot go for third vote unless she substantially changes it, so she is still troubling to test struggling to find a way to get into the house for a vote. and she is struggling to get enough votes to make it worth putting to parliament again. her meeting today with conservative ventures was a final attempt one might say to persuade them to come to her side. it looks like she has offered to step down as soon as that is done. that is not a huge surprise. question whether it will be enough at this stage for her to get enough votes for her deal . that is certainly not clear that it will be. as we noted,urse, a small reaction in the pound. in terms of how much reaction we expect to get from markets over not just this piece of news but what may com

therese also —— once again an obstacle therese also —— once again an o bsta cle in therese also —— oncestacle in orange. at the burn about, a clash of footballing cultures. real madrid, who by some of the world's best, and ajax the clu b of the world's best, and ajax the club who makes them. they are used to seeing their top players move, this was a night to enjoy them. 1—0 down in the first leg... real where i weigh on the goals, but that advantage was about to go to. something was to make was about to happen. this was no night for fishing. in the first league, par did need —— denied ajax, they ruled the ball had been play early in the move. goal. this was now beyond riel, even when they got a call back, he was trying to conjure something that wasn't there. ajax we re something that wasn't there. ajax were now scoring from everywhere. 4-1 were now scoring from everywhere. 4—1 in the burn about against the tea m 4—1 in the burn about against the team that had won this competition three years in a row. this one will not be forgotten. patrick geary, bbc news. a huge night hasjust got unde

therese also —— once again an obstacle therese also —— once again an o bsta cle in therese also —— onceld's best, and ajax the clu b of the world's best, and ajax the club who makes them. they are used to seeing their top players move, this was a night to enjoy them. 1—0 down in the first leg... real where i weigh on the goals, but that advantage was about to go to. something was to make was about to happen. this was no night for fishing. in the first league, par did need —— denied ajax, they ruled the ball had been play early in the move. goal. this was now beyond riel, even when they got a call back, he was trying to conjure something that wasn't there. ajax we re something that wasn't there. ajax were now scoring from

therese: the labour party is backing several different votes tonight. they are backing one that includes a customs union, a permanent customs union, there are backing a plan that includes a norway style option with a customs arrangement, they are backing a confirmation vote which says that theresa may's deal should not be approved unless the public approves it. they are spreading their bets. there has been movement in the labour party because the norway option they are considering would include the free movement of people so it would bring written back in the single market and that is the first time we've heard jeremy corbyn's party except that. -- accept that. they're not putting their eggs in one basket but they are not backing theresa may's deal. if the dup do not come onside she will need votes. guy: -- vonnie: she is addressing tories at 9:00 -- at 1:00 eastern, 9:00 london time. what will be new today? therese: it is hard to imagine what more she could say to try committeee the 1922 to come over to her side. there is a lot of speculation she would

therese: one question is how united they are.s of how this is scored, will they vote as a block? the other is, how will they vote on these? some see this as an olive branch. there is more room for geoffrey cox. others see this as an incredibly high bar to clear. with, youe comes back will either be able to squint hard and say that just about gets us over the line, or this is unequivocal relinquishment of british sovereignty and we follow it. others might be tempted to push this over the line because the .lternative is no brexit potentially, if there is a delay that gets dragged out -- very cleverly worded conditions. it depends what happens when geoffrey cox comes back, presents the document. there will be several days to assess it. ultimately, i think this is a political decision, not one decided by the legal interpretation. british pound is trading at 1.3183. what would you do if you are in the u.k.? do you look past the political noise? europe is in this massive discussion with the united andes over car exports imports tariffs

therese: -- was given this wonderful cap -- duncan smith was given this wonderful platform.d was 50% and there is no polling 50% ofpports web and britain would leave without a deal. this is not a remain, leave weston. it is more about, how does britain look at the choices available? what we can say is two plus years on from the 2016 referendum, people realize this is a complex issue of 52% voted to leave in 2016. that was without even knowing what leave meant. the latest poll says about 28% would support leaving without a deal. if you break that down further, it has polling from politics. what would you accept? those produced interesting answers that show nearly half would except theresa may's deal. they do not like it but they would accept it. --have to be clear politicians have to be clear when they talk to us about what the people are telling us they want in the polls. tom: what is the single thing you are following in the next few days? therese: it is all lies on brussels, all eyes on attorney general geoffrey cox and we want to see the exact wording of whatever he has m

therese me kept telling us we were next week. therese me kept telling us we were going to leave.ms like we are in a worse position now than the day after the referendum. how do you see it? i am not happy with how theresa may has organised oui’ with how theresa may has organised our exit out of the eu. i think it has been handled really badly. i would have liked to have had still a no—deal on the table because that is oui’ no—deal on the table because that is our leveraged. nobody wants a no—deal. it still could happen. it still could happen but at the end of the day parliament has said they do not wa nt day parliament has said they do not want a no—deal. there are a lot of shenanigans, a lot of people are using this as a political football, saying, and i can imagine there is a group of remainers how they can subvert the whole process. one is to ta ke subvert the whole process. one is to take no deal of the table, one is all these last—minute amendments. eventually, people get... your favoured choice would be no deal. william? i agree with you. we were talking about this. what has

hanley times will we see therese amazed saying we will leave on march 29.t she is organising this third boat on the day we should be leaving. is that the concentrate the minds of the brexiteers? i think you are right but that promise, that commitment has also been the reason why she has also had to announce that she will leave now because she has not been able to deliver brexit today. whatever happens, whether the withdrawal agreement gets the support of the house of commons, there is still more work to be done to establish the departure. therefore she has announced that for that next phase of discussions, she will no longer be the prime minister of great written. and that is the price that she has had to pay for not getting the conclusion today stop please come back and discuss the papers with us in a few minutes time. on sunday, ukrainians will hold presidential elections in what observers are saying is the most unpredictable in the country's recent history. there are 39 candidates on a very long ballot paper and a comedian with no political experience is

the will will to live so much to show the employees on stage one lesson that we have learned from therese i mean that if you look east or inability to factor in what authors think that beauty to forge bones off trusts within a cabinet to be totally devoid of the basic human skills that you need to be a political leader so other that i mean those are scathing words about theresa may by philip i mean he sits on the brakes at steering committee in the european parliament he has been present at each step of the brits process so when he issues that kind of indictment i mean it has to ring true for a lot of people doesn't. well it's certainly a view brant that many here many members of parliament here in britain share it's actually quite remarkable what happened over the past twenty four hours here it's the first time in one hundred years sort of british prime minister has been stripped of control over what happens and parliament so. losing control of the brakes of process she is facing more and more criticism from within her own tory party and she's really clinging on to her premiership at thi

short changes are made the european commission says may must inform them about the next steps by therese day we have two reporters covering this story for us i mean it's in brussels where european ministers are meeting or. moment but first an hour and in london for is so is there any idea what terry's may span are going forwards. well since this morning's apparently very angry and chaotic cabinet meeting things have gone deathly quiet here but there's no there's no reportedly about it to resume its official spokesman said that she is rising to the european council president to ask for a delay but what he wouldn't say and when the course appears to know is is alysa going to be delivered today or tomorrow and what source of delay is she going to ask for there are two general theories doing the rounds one is that she might ask for a simple delay possibly ever two to ninety days something of that sort which would plainly only be with a view to try to force her deal through at the last minute some before european elections or the alternative idea is that she might ask for two delays to get a

romaine: t thank you,herese -- thank you, therese.ll continue discussing this with julian mcmanus, a portfolio atager and research analyst janice henderson, where he manages the overseas strategy. whatn, when you hear theresa may has to say and you look at what has happened, what has transpired over the past few months, how do you think market sentiment is going to shake out as we wait on some sort of resolution between now and june 30? i think the market reaction in general is going to be mildly positive. we do not get a lot of new information. the content of what we said is were expecting. all we have done is kick the can down the road a little bit. what they have done is to open up a wider range of outcomes, if you like. some of those outcomes may positive, evene if they are not fully priced in yet. -- even with the uncertainty in the u.k., the economy is growing faster than germany. inflation is mild. employment continues to rise. real wages are impressive. are things that bad fundamentally, if you strip away the noise? julian: i

therese -- theresa may makes it desperate push.rg. ♪ ♪ acts on, the government the democratic will of the ontish people and it acts the clear and convincing position of this house. a few minutes ago in brussels, the united kingdoms permanent representatives to the e.u. handed a letter to the president of the european council confirming the government's decision to invoke article 50. tom: we say good morning to all of you worldwide, tom keene in new york, francine lacqua in westminster. joinl joy francine next -- francine next week. i would editorialize that that was a more rested prime minister. how is her health holding up? how is the exhaustion? sure like a lot of people in brussels, the first one that has said it openly was er. jnck i think he set about a month ago he was brexit fatigued. i imagine when you speak privately to members of parliament, they feel the same way, but this is the future of the u.k. which is why people are not saying it openly. tom: i remember being on the set with jon ferro the day after brexit, the shoc

therese: in the u.k. -- richard: in the u.k., international stocks benefit from the slow but growingent. and there is a bottoming out of emerging market growth. u.k. companies have very strong fundamentals and our world-class in their sectors. i would love to be caught up in the broader brexit delays. we think they create an opportunity. on the fixed income side, preferring conventional bonds to links, the link bonds in the u.k., we have this very high inflation risk. even in the unlikely scenario that we have a new deal brexit, inflation is unlikely to rise as persistently as priced into the market today. bloombergat was opinion calmness and richard ill of blackrock stays with us. with aheadinterview of chicago school of business at 6 a.m. in new york and 10:00 a.m. in london. this is bloomberg. ♪ francine: this is bloomberg surveillance. taylor and francine from london and new york. tom having a day off. european central banks very much in focus this week. the fomc is expected to hold rates and lower projections from the number of hikes in 2019. the same day brazil will probably ke

. ♪ ♪ francine: brexit hard all, therese -- hardball, theresa may faces a tough fight as the e.u.ster to prevent a long delay. -- switchtails about to inflation and the balance sheet. president trump sounds an upbeat note on trade talks with china but some officials are concerned beijing is backtracking. and good afternoon if you are watching from asia. we are getting a lot of corporate news today. we're keeping an eye on bayer. they were down 10% after bmwerns with a trial, and saying they will not meet expectations for 2019, and will embark on cost cuts. taylor: you wonder how much this is a trade story. striking an optimistic tone about china and trade that they were able to get isough this, but bmw starting to get nervous about trade and they are not able to forecast through fiscal 2020 because of the uncertainty. francine: we will have a closer look at these corporate's. let's get straight to the bloomberg first word news. viviana: british prime minister theresa may will not ask the e.u. for a long extension. that increases the chance the u.k. could leave the bloc without an

tom: let's go to therese raphael. i really can't say enough about this opinion piece. vote killed off two remissions fictions. no deal is better than no deal and the so-called managed no deal. alice in the wonderland moment where the prime minister instructed her party to vote her emotion down. now lawmakers need to say what they want to happen. the chancellor broke ranks yesterday with his prime minister. does the prime minister have a government this thursday? : she does at the moment. bronwen earlier and she says the meaningful vote next week, if it takes place could still stand a chance of passing. to last by an an enormous amount anjanuary, -- she lost by enormous amount in january. there is this other activity taking place around trying to find some kind of compromise across the house, a new kind of brexit may be removing the red line. that is a much longer term project. that is what the chancellor seems to be alluding to, that we do need to decide what the house of commons would vote for. things remain very unclear. more votes later this evening. much.ne: thank

francine: -- tom: therese raphael, thank you.ngapore model, this will all get fixed, and out we go to a new united kingdom. is there a reformation out there for the brexiteers? is. hormats: if so, it overly disguised in the murky environment we have today. the idea that was behind the brexit vote in the first place was you would have that. britain would be independent, could make trade deals with whomever it wanted, and everything would be fine he had almost no attention was made to the question of ireland, the border between the irish republic and northern island. now that has become a major issue. britain, turns out, will not find it so easy to both create a customs union or some new type with the continent, and make trade deals with countries like the united states and others, as it intended or hoped to do. the united states is not going to be making easy trade deals with anyone. all these new options that britain was supposed to have if they left europe are not so easy. now you have the irish issue, which is a fundamentally t

target and announced therese is. -- pay raises. this does not make up for some of the lagging wages for years and years, but it has been a good thing for lower end of the income scale. host: chris joining us to walk through that. his writing can be seen at the ap website. thank you for your time. guest: thank you. host: getting a sense from you about if you made more than you did last year. (202) 748-8000 if you say you did make more. if you make less, (202) 748-8001 . if you are making the same, (202) 748-8002. you are free to post on our social media site. in maryland, anthony starts us off. thank you for calling. go ahead. caller: good morning. as chris was just saying, job growth was at a 50 year high. everybody has to remember 50 years ago, there was the biggest boost to the american population, the baby boomers. they started retiring under president obama and accelerated through president trump. i think it has come to a point where most of the baby boomers are retired or died off, which is why you see that many job gains and

listening tojohn bercow they are, a clear warning to therese at may that there needs to be a clear testchange. the government could argue that circumstances have changed. for example, today mp5 deciding to take control of the agenda makes a difference. but the idea that was being floated around from ministers here was that you could put down, bear with me, a paving motion, the government could bring forward a paving motion, mp5 could vote for that, which could supersede what the speaker was seeing, so that if they do want to have a vote on meaningful vote three. but the speaker is saying he would not allow that and that the table office has been told that cannot happen. this could be yet another problem for the government, just as theresa may looks like she might be persuading a lot more mp5 to get behind her deal. thank you. he has done it again. we got a sense of deja vu. there isjohn bercow saying it will not happen if there is no material change. on the face of it there is no material change. exactly. on the face of it it sounds like he is hoping that some change, potentially to the

target and announced therese is. -- pay raises. this does not make up for some of the lagging wages for years and years, but it has been a good thing for lower end of the income scale. host: chris joining us to walk through that. his writing can be seen at nobody understood at that time that accepting the legitimacy of youadministrative state, abandoned the necessity of establishing separation of ofers as a viable way working our national government. >> tonight, the 20th annual book prize awarded by the institute of american history. sunday night, alabama democratic senator doug jones discusses his prosecution of two former kkk members involved in a church bombing. >> the motive was to stop the desegregation -- >> absolutely. wholet gives you the theme of the trials for children. >> absolutely. it was the year of the child. fire hoses and the dogs in april and may of that year which started the whole process. school integration. for some people, they were seeing their segregated way of life sliding and they had to take matters into

it seems that the er g are not going to vote for therese it may‘s deal, where are we on monday afternoonf complete chaos. on thursday the deputy prime minister said that to apply for a short one off extension would be reckless. that is precisely what the prime minister has done in her letter to donald tusk today. as i understand donald tusk's comments he said if you want a short extension you will have to get the deal through, and if erg do not move, i am not sure it is going to pass. i do not read donald tusk's comments as meaning the eu has closed its mind toa as meaning the eu has closed its mind to a longer extension. the absolute priority for parliament and the nation is to ensure that we do get an extension because we cannot underany get an extension because we cannot under any circumstances leave without a deal on the 29th of march. the house of commons has now voted twice, given instructions to the prime minister we will not accept even without a deal. has that risk gone up with the request forjust a short delay, is there a risk that the uk could now leave without a deal? has tha

deadlocked over the brexit negotiations, just a day before mps are due to vote again on therese ma'sng after the ethiopian air disaster. china grounds all of its 737 max eights for urgent checks. a16—year—old boys the second person to be charged with the murder of jodie he was stabbed in a park in east london. in sport, fresh concerns for footballer welfare after two more pitch invasions. aston villa's jack relation was the subject of an assault seeing a man charged. liverpool are still in touch with the premier league title race. a point behind manchester city. ruled out of england's final six nations match with scotland. i will be back with more of those stories just after 11:30am. a 16—year—old boy has become the second person to be charged with the murder of a teenage girl who was stabbed to death in a park in east london. jodie chesney was knifed in the back near a child ren's playground in romford on the first of march. she was 17. another suspect, 20—year—old manuel petrovic, appeared at the old bailey this morning also charged with her murder. the metropolitan police said a f