that is the boss of netjets flying around london with our very own victoria fritz.es. the bbc has made headlines. the governor of the bank of england has said told the bbc an interest rate rise is "likely" this year, but any increases will be gradual. mark carney said major decisions had to be taken on brexit — which would weigh on how fast rate rises would occur. the pound fell by nearly a cent against the dollar following the comments. shares of shire pharmaceutical surged 9%, taking it to the top of the ftse 100, on the prospect of a bidding war for the specialist drug company. a report by reuters suggested us drugmaker allergan is considering a bid for shire — something it later denied. earlier on thursday, japan's takeda said it was in talks with shire after having an initial $63 billion bid rejected. and now for a brief look at what is trending in the business news this morning. the business insider reports a survey of top financial executives by duff and phelps — the majority think london will lose its crown as the world's global financial centre within five

i'm victoria fritz. our top story: out of control and all burnt up — china says its abandoned space lab was destroyed when it finally fell to earth over the south pacific. beijing imposes new taxes on us goods, as president trump increases tariffs on steel and aluminium imports. and coming together to reduce childhood obesity. we visit one programme in amsterdam trying to do just that. and the first dip in almost two years. we are going to look at why business confidence has worsened forjapan‘s big manufacturers. i'll be speaking to our asia business team about what is going wrong with abenomics. hello. a very warm welcome to the programme, briefing you on all you need to know in global news, business and sport. and of course, you can get in touch. let us know what you think about what we're covering. just use the hashtag, #bbcthebriefing. the first space station china launched into orbit is no more. it's been crashing towards earth for two years and has finally re—entered the atmosphere above the south

victoria fritz reports.started to turn the tide, but although public awareness of the dangers to oceans and rivers is atan of the dangers to oceans and rivers is at an all—time high, there is still a long way to go in the war on plastic. the uk produces on average 2.4 million tonnes of plastic packaging every year. at the moment, britain recycles less than half of that. just 46% ends up getting used again. 42 of the uk's biggest brands are responsible for about 80% of all plastic packaging. today they signed a pact. they are promising that by 2025, all the plastic they use will either be recyclable, reusable or compostable. the uk plastic pact is being billed as the most ambitious plan from businesses yet. what really is unique about this initiative is it's about the whole of the value chain coming together, united behind a common set of really ambitious targets. convenience, but not at any cost. from fresh fruit to household hygiene, the consumer goods industry is responding to a shift in public attitudes.

i'm victoria fritz. first, it was aluminium and steel. and now, it's pork and wine. the game of tit—for—tat over tariffs rolls on between the us and china. and it's the first dip in almost two years. we take a look at why business confidence has worsened slightly forjapan‘s big manufacturers. hello. china's foreign ministry says new tariffs will be imposed from today on a series of products imported from the united states. it's a direct response to president trump's announcement of new taxes on steel and aluminium brought into america. some industry analysts had warned that such actions could spark a global trade war. there will be a 25% charge on everything from pork to wine exported from the us into china, as well as new taxes forfruit, nuts, wine, and a range of other products. with me now is russ mould, investment director at aj bell. to this trade to this time and this escalation in the war of words. —— you following this trade war for some time. is this working? i guess what china has not done is gone for the really big, important stuff, it has not looked that

victoria borwick fritz, bbc news.p replacement operation. prince phillip, who's 96, had the procedure yesterday after suffering with a hip problem for about a month. he is likely to remain in hospital for a number of days. the number of sure start children's centres that have closed in england since 2010 could be double the official estimate. the education charity, the sutton trust, said 1000 centres have shut. the department for education says it is investing more in childcare support than any previous government. the green party has launched its local election campaign, urging an end to what it calls "one—party—state councils". co—leader, jonathan bartley, predicted the greens would be celebrating some big wins when the results are revealed. the party is looking to recover from last year's disappointing general election showing. thousands of americans have been marking the 50th anniversary of the murder of the civil rights leader, martin luther king. a rally in memphis, where dr king was shot by a white supremacist,

victoria fritz reports.is have started to turn the tide, but although public awareness of the dangers to oceans and rivers is at an all—time high, there is still a long way to go in the war on plastic. the uk produces on average 2.4 million tonnes of plastic packaging every year. at the moment, britain recycles less than half of that. just 46% ends up getting used again. 42 of the uk's biggest brands are responsible for about 80% of all plastic packaging. today they signed a pact. they are promising that by 2025, all the plastic they use will either be recyclable, reusable or compostable. the uk plastic pact is being billed as the most ambitious plan from businesses yet. what really is unique about this initiative is it's about the whole of the value chain coming together, united behind a common set of really ambitious targets. convenience, but not at any cost. from fresh fruit to household hygiene, the consumer goods industry is responding to a shift in public attitudes. so, things like this in terms of som

i'm victoria fritz.ndoned space lab was destroyed when it finally fell to earth over the south pacific. beijing imposes new taxes on us goods, as president trump increases tariffs on steel and aluminium imports. and coming together to reduce childhood obesity. we visit one programme in amsterdam trying to do just that. and the first dip in almost two years. we are going to look at why business confidence has worsened forjapan's big manufacturers. i'll be speaking to our asia business team about what is going wrong with abenomics.

victoria fritz, bbc news, munich. it is fascinating, isn't it?. would you rather have me driving or no driver? are we going on a road trip? from mobile phones and online maps to the signal bringing this programme to your tv, satellite technology is so much a part of our daily lives many of us rarely think about it, but could it be doing even more? john is at goonhilly earth station in cornwall this morning. some people have been coming up with really interesting ideas about how to use satellite technology. john connor some really fascinating ideas. good morning. ——john, some really fascinating ideas. indeed. this morning we're talking about the next generation of space engineers, entrepreneurs, people coming up with ideas about what these satellites can do and goonhilly on the lizard peninsula in cornwall. listening to that feature on driverless cars, they will be governed by gps, global positioning satellites. everyone has a smart phone these days so we use satellite technology very often when we're not even realising it. the great thing that's

victoria fritz, bbc news, munich. as they made their final preparations. training in the arctic, these women from the west and the east are preparing to ski to the north pole. they're a long way from home, some have travelled from the deserts of the arabian peninsula, others from european cities. there seems to be this disconnect between particularly women in arabic and european cultures, and so i wanted to put together this expedition to explore that a little bit, hopefully to provide some insight. the ten day expedition is going to be tough. skiing for up to eight hours a day across sea ice in freezing temperatures. and the threat of polar bears. most have never tried anything like it. i knew that this is something i wanted to do. i want to get out of my comfort zone, i want to challenge myself when it comes to the cold weather and just to see how far i can push myself. temperatures of minus 40, shifting pack ice, open waters, these are all the challenges, and then also putting up our tent on floating ice. these are

victoria fritz is at a craft show in london to tell us more. sband. how long have you been doing this kind of thing? until you sort of customers? the likes this kind of thing? this is extraordinary. this is what you put on the back of the jackets. this much is —— this must take ages. on the back of the jackets. this much is —— this must take agesm ta kes much is —— this must take agesm takes over eight hours to stitch out and has over 220,000 stitches. everybody from ladies over 75 by ten to young boys in their early teens. the family business. my husband and irun it the family business. my husband and i run it together. the boys to all sorts of different things. some of them make the kids with others. 0ne of the boys was dying some of the fabric. we had smiley faces on the fabric. we had smiley faces on the fabric. it was great fun. may make some money from this? that's how they get their pocket money. it's great fun. i will have to put my son to work even though he is a bit young. this industry is booming. the creative industries are growing t

our transport correspondent victoria fritz is here. tell us more about the pilot?hat conversation to air traffic control. she managed to take control of this aircraft at 32,000 feet and safely landed at philadelphia. some passengers have described the landing is extraordinary smooth, and this is with one engine. tammiejo shults was a navy veteran before she became a commercial pilot. she is married to a pilot as well. she was one of america's very first female fighter pilots. sometimes there is a lot of stereotyping when it comes to pilots, there are only 3% of women are pilots across the world, it is a bit higher in the us in the uk, but lots of plaudits coming in for tammiejo lots of plaudits coming in for tammie jo shults today. and the engine that appeared to explode, or those are the reports, is used on many commercial airlines, isn't it? how anxious will be industry be? we have already heard from this particular airline that they will be checking all of these engines. we have heard from the likes of korea airas have heard from the likes of korea air as well s

concerns, following a fatal crash involving uber‘s test car last month. 0ur transport correspondent, victoria fritze have an engineer here today, as you can see, he is not in the driving seat. this car is com pletely the driving seat. this car is completely driverless. it means that me, ican completely driverless. it means that me, i can sit back in the car, relax, check my e—mails and i do know driving at all. autonomous cars perceive the world through a series of sensors. can receive road markings, radar message is distance and speed. laser sensors provide the fine detail. all three are combined to create a real—time 3—d map of the surrounding area. the electronic, which you can see, and the soft... this man is driving bmw's ambitions. the manufacturers spent over £1 billion on electronic and autonomous technology last year. we are testing most of the activities in a computer. if you are ready with a computer. if you are ready with a computer and the simulation, we are going to the streets. in china, as well as in israel or in the us. tech giants are also looking to carve off a slice of the pie,