mark: and i'm mark barton in london. european london's new headquarters in the city of london. bitcoin is on its way to five figures. the cryptocurrency is seeing its biggest price jumped since august in today's session, putting it over $9,700 at one point despite all the skepticism. bitcoin showing no signs of slowing down much less having it's a bubble burst. european tech reporter. and,ast leg is incredible, isn't it? just every leg seems to blow it isny doubts and disproving all of the skepticism, isn't it? this ever-increasing rise higher. ed: the last time we saw this was the.com frenzy of the late 90's. america went away and have thanksgiving and came back, and bitcoin is on the cusp of $10,000. vonnie: the thing that surprised ouyed by 10s also b day volatility. that has got to be a little concerning? ed: i think it must be. the levels of volatility put natural gas to shame. and that is really saying something, but that doesn't seem to be determined a lot of newcomers that are going into the bitcoin market. one of the metrics that is interesting to look at is how many n

the global finance of this great city of london. and the best of british business in demand the world over. and perhaps, above all, we have that defining british spirit and the fundamental values of fairness, justice and human rights to use our influence in the world for good. and these sam capabilities and values that we bring to the task of leaving the european union, we will also bring to the wider challenges facing the world today. for we meet here at a moment when the international order as we know it, the rules—based system, that the uk helped to pioneer in the aftermath of the second world war is in danger of being eroded. a moment when some states are actively destabilising the world order to their own ends. claiming that the rules and standards we have built and the values on which they rest no longer apply. when regional instability is driving cross—border threats such aziz lambist extremism and fuelling conflicts to which many ask whether the rules—based order has an answer, a moment when the failure to translate th

that is seen here, on the city of london. that is seen as many here, on the city of london. that is seen as many by being good for our economy and the development of global trade. to support that we allowed companies to set up in the uk and not be taxed here. our imperial past is also important. crown dependencies overseas territories, places likejersey and guernsey and the isle of man, which have an arm's length relationship with us and have based their economy on the low tax offers to companies and individuals, to hold some of their wealth there. others are more far—flung, places like gibraltar, as well as bermuda, the british virgin islands, the cayman islands, and turks in chaos. the cayman islands, and turks and gaicos. such places insist they are good for growth, as they allow firms and individuals to avoid being taxed multiple times by different countries. there have been a lot of new rules on transparency as well. but they are not criticised for being too secret. too weak on regulation, and too open to corruption. critics say the laws have also failed to keep up wi

every fall the city of london the financial center of the british capital aleck's its highest dignitary the lord mayor's main role is to represent support and promote both businesses and residents in this small but mighty square mile this year the position has taken on a special significance in light of brags that as britain prepares to leave the e.u. businesses are worried about their future some companies have already moved thousands of jobs abroad the newly installed lord mayor charles bowman is doing his best to calm nerves. london's financial district known as the city has welcomed the six hundred ninetieth lord mayor charles bowman the office is largely symbolic but the festivities aren't lacking in pomp and circumstance the city one of the most powerful financial centers in the world is usually very buttoned down but this year the may oral celebrations seemed especially phonetic perhaps they were something of a release valve for london financiers facing an uncertain future because of bracks it. boman accepted some blessings a little help from above can't hurt the same is true for

every fall the city of london the financial center of the british capital aleck's its highest dignitary the lord mayor's main role is to represent support and promote both businesses and residents in this small but mighty square mile this year the decision has taken on a special significance in light of brags that as britain prepares to leave the e.u. businesses are worried about their future some companies have already moved thousands of jobs abroad the newly installed lord mayor charles bowman is doing his best to calm nerves. in london's financial district known as the city has welcomed the six hundred ninetieth lord mayor charles bowman the office is largely symbolic but the festivities aren't lacking in pomp and circumstance the city one of the most powerful financial centers in the world is usually very buttoned down but this year the may oral celebration seemed especially phonetic perhaps they were something of a release valve for london financiers facing an uncertain future because of bracks it. boman accepted some blessings a little help from above can't hurt the same is true f

every fall the city of london the financial center of the british capital aleck's its highest dignitary the lord mayor's main role is to represent support and promote both businesses and residents in this small but mighty square mile this year the position has taken on a special significance in light of brags that as britain prepares to leave the e.u. businesses are worried about their future some companies have already moved thousands of jobs abroad the newly installed lord mayor charles bowman is doing his best to calm nerves. in london's financial district known as the city has welcomed the six hundred ninetieth lord mayor charles bowman the office is largely symbolic but the festivities aren't lacking in pomp and circumstance the city one of the most powerful financial centers in the world is usually very buttoned down but this year the may oral celebration seemed especially phonetic perhaps they were something of a release valve for london financiers facing an uncertain future because of bracks it. boman accepted some blessings a little help from above can't hurt the same is true f

every fall the city of london the financial center of the british capital aleck's its highest dignitary the lord mayor's main role is to represent support and promote both businesses and residents in this small but mighty square mile this year the position has taken on a special significance in light of brags that as britain prepares to leave the e.u. businesses are worried about their future some companies have already moved thousands of jobs abroad the newly installed lord mayor charles bowman is doing his best to calm nerves. in london's financial district known as the city has welcomed the six hundred ninetieth lord mayor charles bowman the office is largely symbolic but the festivities aren't lacking in pomp and circumstance the city one of the most powerful financial centers in the world is usually very buttoned down but this year the main aural celebration seemed especially phonetic perhaps they were something of a release valve for london financiers facing an uncertain future because of bracks it. boman accepted some blessings a little help from above can't hurt the same is true

mark: and i mark barton in the city of london. this is "bloomberg markets." futures in focus, oil gaining and opec is set to agree there production cuts -- their -- on their production cuts. it seems like there will be a review of the deal in june. is that an area of concern are not? >> i do not think at this point, you know, i think it could potentially be given the fact that gives them an out in the middle of next year, but over all there has been a muted response and the market expected this outcome, so ultimately if russia decides to play nice with opec it looks like we will see oil continue to hold at these levels. when you look at the trend from the longer-term perspective, it does appear oil is on an up trend. mark: 60. what will it take, how long will it be before we break 60 or wti? dan: i think for the economic impact when you see the economic growth is what i really meant, and when you look at global economies and it continues to see the growth it could lead over to the pop over 60, and if the reductions are adhered to. mark: on the gold front, we

every fall the city of london the financial center of the british capital aleck's its highest dignitary the lord mayor's main role is to represent support and promote both businesses and residents in this small but mighty square mile this year the position has taken on a special significance in light of brags that as britain prepares to leave the e.u. businesses are worried about their future some companies have already moved thousands of jobs abroad the newly installed lord mayor charles bowman is doing his best to calm nerves. london's financial district known as the city has welcomed the six hundred ninetieth lord mayor charles bowman the office is largely symbolic but the festivities aren't lacking in pomp and circumstance the city one of the most powerful financial centers in the world is usually very buttoned down but this year the may oral celebration seemed especially phonetic perhaps they were something of a release valve for london financiers facing an uncertain future because of bracks it boman accepted some blessings a little help from above can't hurt the same is true for n

every fall the city of london the financial center of the british capital aleck's its highest dignitary the lord mayor's main role is to represent support and promote both businesses and residents in this small but mighty square mile this year the position has taken on a special significance in light of brags that as britain prepares to leave the e.u. businesses are worried about their future some companies have already moved thousands of jobs abroad the newly installed lord mayor charles bowman is doing his best to calm nerves. london's financial district known as the city has welcomed the six hundred ninetieth lord mayor charles bowman the office is largely symbolic but the festivities aren't lacking in pomp and circumstance the city one of the most powerful financial centers in the world is usually very buttoned down but this year the main aural celebration seemed especially fanatic perhaps they were something of a release valve for london financiers facing an uncertain future because of bracks it boman accepted some blessings a little help from above can't hurt the same is true for

father of six eric garner in new york city had led to a worldwide movement that campaigns from toronto canada to ferguson usa to london england to melbourne australia matt taibbi joins me now from new jersey that thanks so much for coming back on the show so why is aragon as story arguably so emblematic of what's wrong in the usa right now i think it's a perfect example of everything that's wrong with modern american policing because it was a. particularly pointed example of what goes wrong when you use the statistics based approach that most american police departments use and they target my are criminals more the. major criminals. terrorists are a perfect example of that also this case was incredibly important because it was really the first in the twitter rates to really capture the imagination of the entire country because it was all captured on video. and it helped ignite a movement around the country that was fuelled by subsequent cases that were also couched captured on video later that year like michael brown it's me you're right. about you know others in the past twenty four h

because your engagement is the ultimate kitemark of confidence. —— this great city of london leads the world. so, lord mayor, these are challenging times, but i am confident that a global britain has the ability and indeed the responsibility to rise to the moment, to work together to secure the best possible brexit steel, a deal that is not just the best possible brexit steel, a deal that is notjust good for britain and the eu, but strengthens the liberal values we hold dear. —— the liberal values we hold dear. —— the best possible brexit deal. and to work together to adapt and defend the rules based order on which our security and prosperity depends, for this is fundamental to our success, to that of our partners, and that of the world. so let us step up to the task and let others do so together, with a confidence and conviction of a truly global britain. applause welcome to outside source, i'm kasia madera. you've just been listening to the british prime minister theresa may giving a speech at the lord mayor's banquet in the city of london. for viewers outside of the uk, that

the city of london has the most elusive and cutting migration from the european union according to a study from pricewaterhousecoopers. the say that london has highest proportion of workers from the european economic area and he sectors must rely on european workers is construction, hotels, and restaurants. global news 24 hours a day, powered by more than 2700 journalist and analysts in more than 120 countries. i am courtney donohoe. this is bloomberg. julie: coming up, watching general electric with their stock plunge extending and deepening today. even after they outlined in overhaul plan -- why are investors not into john flannery's strategy? ♪ ♪ mark: live from london and new york, i am mark barton. julie: i am julie hyman. time for the stock of the hour with shares of luck so oncology falling in morning trading after it announced a deal to develop cancer drugs with the pharmaceutical giant bayer. analysts are saying the deal means an acquisition is off the table for now 20 biotech company. is taylor riggs. what is going on? why is it not going up? >> there was some speculati

for centuries, britain has been a centre for global finance, focused here on the city of london — and that's seen by many as good for our economy and the development of global trade. to support that, we allowed companies to set up in the uk and not be taxed here. our imperial past is also important. across the world, the what are called crown dependencies, or overseas territories, places like jersey and guernsey and the isle of man, which have an arm's length relationship with us, and have based their economy on low tax offers to companies and individuals to hold some of their wealth there. others are more far—flung — places like gibraltar, as well as bermuda, the british virgin islands, the cayman islands, and turks and caicos. such places insist they are good for growth if they allow firms and individuals to avoid being taxed multiple times by different countries. there have been a lot of new rules on transparency as well, but they are criticised for being too secret, too weak on regulation, and too open to corruption. critics say the laws have also failed to keep up with global

of london. what happens post brexit, this is important to the british economy. i think people working for the same firm, if they are switching between offices, london and brussels and paris, they will be treated in a different manner to other workers. he will wa nt to manner to other workers. he will want to streamline the system and have as few regulations or limitations on that form of movement. of course he has to get europe to agree to that and that again will be another negotiation point. he seems pretty sure that the eu will want to play ball on this because they will want access to the london financial markets. let's move on, naturally, away from brexit and onto the front page of the guardian, talking about zimbabwe and what's going on. rumours of a clue. yes, these are rumours and there are rumours that robert mugabe is behind it -- rumours that robert mugabe is behind it —— rumours of a coup. he rumours that robert mugabe is behind it —— rumours ofa coup. he is rumours that robe

focused here on the city of london. that is seen by many as good for our economy and the development of global trade. to support that, we allow the companies to set up in the uk and not be taxed here. our imperial past is also important. across the world what are called crown dependencies like overseas territories, places like overseas territories, places likejersey, guernsey, isle of man. they have an arms length relationship with us and have based their economy of low tax to hold some of their wealth. 0thers their economy of low tax to hold some of their wealth. others are more forflung some of their wealth. others are more for flung places like gibraltar or bermuda. virgin islands, turks and caicos, the british islands. some insist they are good for growth as they allow firms and individuals to avoid being taxed multiple times by different countries. there have been a lot of new rules on transparency as well. but, they are criticised for being too secret. too wea k criticised for being too secret. too weak on regulat

of london. and finally on the wired website, google's self—driving car company waymo is now running its autonomous minivans around phoenix, arizona with no human inside to grab the wheel if things go bad. within a couple of months, passengers will be able to climb aboard the world's first driverless ride—hailing service. would you enjoy that thought, or would you never getting one? with me is oliver cornock, who's editor—in—chief at the oxford business group. welcome back to the studio. let's begin with the new york times. of course, it has its own agenda

catherine mcguinness, city of london policy chair. still ahead, we will talk about a company building a new factory in the u.k., aston martin, entering a totally new stratosphere in terms of price. what this means for james bond's ride of choice next. this is bloomberg. ♪ world headquarters in new york, i'm vonnie quinn. matt: i am live from berlin with the european close minutes away. aston martin that is synonymous with his most famous secret agent, 007, it's newest hyper car comes with a price tag of more than double 0 high at $2.6 million. what does this mean for a company was vehicle sales have since 2007 and one that got its headquarters in the united kingdom. joining me now is chris bryant who writes about the automotive industry. what i find very interesting is that here is a carmaker that is very small, sales have dropped since the recession and it's not owned by any of the major players here. yet they will still build a new factory in the united kingdom. how is that? it's surprising. aston martin is still independent. it's

markets and joins us from the city of london let's start with you ali in frankfurt what does it look like where you are german investors must be celebrated. those that have shares that have equities but the majority doesn't study by the door chocks an institute an advocacy group for the companies that issue shares says that only nine million people in germany own shares directly or indirectly that's a percentage of about fourteen percent and when you look at the blue chips here and the dax the majority of them don't have a german majority but a foreign ownership majority that's not bad in itself of course people people are free to buy whatever shares they want and german companies welcome the money but the germans are not participating and i think the reason as since two thousand and one the internet bubble burst and a blue chip telecom was also among stott and lots of people lost lots of money that comes freshly into the market and those people have stayed away since then since they've lost money and i think the whole experience of that has also prevented new people from joining in

of london mainly represented by women to make this happen as well. encouraging to see this progress. we are seeing progress — encouraging to see. i don't want to be a sceptic. we need to look at the numbers. we saw 15% growth in representation. the key final for that representation is women in executive positions. —— funnel. if we don't see that then we won't see more women on the boards. and i think that there was a review done by the world economic forum that said that the gender pay gap is still a problem even in the uk. if you look at other g20 countries like germany and france the uk ranks behind in 15th position. so we are going in reverse in some areas. yes. a lot has to be said. we have to applaud the work that the review committee has done in this regard. hindustan times is looking at the dance fog in india —— dense fog in india, and it is getting quite critical. give us your take on this, as an energy a nalyst. your take on this, as an energy analyst. as an energy analyst, and on my way back from shanghai, one of the big cities in

the ft says the labour leader, jeremy corbyn has warned banks operating in the city of london, that he would be a threat to their business if he became prime minister. the express leads on the medical research which suggests that eating cheese could slash the risk of heart disease. the i says british and american diplomats are trying to repair the damage caused by the public falling out between donald trump and theresa may. the mirror reports on the calls to prosecute the us president for race hate over his tweets. the paper says the best response would be to cancel his state visit. the times reports that far—right group britain first has been boasting of an increase in support after donald trump re—tweeted the group's anti—muslim videos. the guardian covers the research which has found that children as young as two are being streamed on ability. and the sun leads on two of the army's ‘hero hounds' which are facing being put down because officials say they can't be rehomed. there is a lot of donald trump in this review. as you might have guessed. we start with the daily mirror,

of london. and finally on the wired website, google‘s self—driving car company waymo is now running its autonomous minivans around phoenix, arizona with no human inside to grab the wheel if things go bad. within a couple of months, passengers will be able to climb aboard the world's first driverless ride—hailing service. would you enjoy that thought, or would you never getting one? with me is oliver cornock, who's editor—in—chief at the oxford business group. welcome back to the studio. let's begin with the new york times. of course, it has its own agenda when it comes to coverage of president trump. we know it's angle, as it were. they are talking about his visit to china. i think it is an interesting story. it talks about the idea that china is on some sort of parity with the us, and by a lot of parity with the us, and by a lot of economic measures, by 2030 there economy will be bigger than the american economy. so there is that serious background to this. then there is a certain iro

of london we know what you're doing and certainly can say that the baras country well if they knew what the russians are doing why did they do something about it is the other thing about it here's the other point what does boris not know that the reason i'm a knows boris is meant to be the factional foreign secretary i think they need to have a little bit of a cup of tea and a bit of a chant about who's right but maybe boris is to find the pocket of the kremlin to listen to his own prime minister is meeting the un secretary general today and the husband of the accused british subject imprisoned in iran let's go to more dubious leaks and information in your next story from some magazine called the atlantic which i don't think anyone takes that seriously that there's a relevant point there actually action but let's start with headlines atlanta quotes the secret correspondence between donald trump jr and wiki leaks now this is a slightly impenetrable story it begins to suggest that wiki leaks was convincing donald trump jr that's the president's son to issue leaked e-mails which were damag

from here in the city of london, i'm anna edwards. manus: the promise you a fees from germany in terms of how they are performing. numbers coming through targeting 2018 for 70, excluding charges. they're proposing to raise their euros to the.10 expectation which had been 380. estimate of 2.40 5 billion that we had penciled in a head of these numbers. that looks to be a little bit the industrial business profits. missing estimates on power and gas slumping. looking for any clues to how the power and gas division is doing. we heard about the wind power division, we've been reporting about how other jobs are going to go in germany or predominantly in germany around other parts of the business but siemens missing estimates on power and asked. we will speak about those matters and the ipo to help business to the ceo who will at 6:30 london time. manus: commerzbank and deutsche telekom both going red across the terminal. the market at penciled in 479 million euros. he's trying to turn the business around, germany's second-largest banking op

manus: it's 6:45 in the city of london. in new york it appears celebrating thanksgiving, have another glass. 1:45 a.m. in the united states of america. happy thanksgiving. let's get a business flash. >> uber is facing at least three probes in your following revelations that it cap quite debt of about massive data. watchdog and a british agency also said they are in the crosshairs. facebook has said it was show people which russian propaganda pages or accounts they followed and liked on the social network. the move comes in response to requests from congress to address manipulation badly during the 2016 presidential election. the tool will appear by the end of the year in facebook's online support center. wasionaire peter thiel who an early investor in facebook sold 73% of his stake in the social media company this week. he uploaded almost 161,000 29 million dollars. facebook stocks have surged more than 50% this year adding $25 billion to mark zuckerberg fortune and making him the world's fourth richest person. according to

for centuries, britain has been a centre for global finance, focused here on the city of london — and that's seen by many as good for our economy and the development of global trade. to support that, we allowed companies to set up in the uk and not be taxed here. companies to set up in the uk 0ur imperial past is also important. companies to set up in the uk across the world, the what are called crown dependencies, or 0verseas territories, places like jersey and guernsey and the isle of man, which have an arm's length relationship with us, and have based their economy on low tax offers to companies and individuals to hold some of their wealth there. and individuals to hold some others are more far—flung — places like gibraltar, as well as bermuda, the british virgin islands, the cayman islands, and turks and caicos. such places insist they are good for growth if they allow firms and individuals to avoid being taxed multiple times by different countries. multiple times by there have been a lot of new rules on transparency as well, but they are criticised for being too secret, too w

the city of london he was introducing the prime minister today and he used the opportunity to remind the prime minister about how worried for the finances in the city generally is about the lack of progress in the brig's it talks he said that fine words butter no parsnips and the city wants to see a good break zip deal now however to reason may's speech hardly touched upon the issue of bragg's it at all as he spoke about global challenges facing the u.k. and its allies and the star of the show in terms of global challenges really was russia that was what she chose to focus her criticism on russia has fermented conflict in the dawn by us and mounted a sustained campaign of cyber espionage and disruption. this is included meddling in elections and hacking the danish ministry of defense and to the bundestag among many others it is seeking to weaponize information deploying state run media organizations to plant fake stories and photo shopped images in an attempt to sow discord in the west and undermine our institutions it's just blind use asians from the united states britain generally

the city of london he was introducing the prime minister today and he used the opportunity to remind the prime minister about how worried finance is in the city generally is about the lack of progress in. brags it talks he said that fine words butter no parsnips and the city wants to see a good brags it deal now however to reason may's speech hardly touched upon the issue of bragg's it at all as he spoke about global challenges facing the u.k. and its allies and the star of the show in terms of global challenges really was russia that was what she chose to focus criticism on russia has fermented conflict in the dawn by us and mounted a sustained campaign of cyber espionage and disruption this is included meddling in elections and hacking the danish ministry of defense and put them to stark among many others it is seeking to weaponize information deploying state run media organizations to plant fake stories and photo shopped images in an attempt to sow discord in the west and undermine our institutions it's just blind use asians from the united states britain generally follows the uni

the city of london he was introducing the prime minister today and he used the opportunity to remind the prime minister about how worried a financier is in the city generally is about the lack of progress in the brig's it talks he said that fine words butter no parsnips and the city wants to see a good brags it deal now however to reason may's speech hardly touched upon the issue of bragg's it at all as he spoke about global challenges facing the u.k. and its allies and the star of the show in terms of global challenges really was russia that was what she chose to focus her criticism on russia has fermented conflict in the dawn by us and mounted a sustained campaign of cyber espionage and disruption. this is included meddling in elections and hacking the danish ministry of defense and the bundestag among many others it is seeking to weaponize information deploying state run media organizations to plant fake stories and photo shopped images in an attempt to sow discord in the west and undermine our institutions it's just blind use asians from the united states britain generally follow

the city of london he was introducing the prime minister today and he used the option to tell mine the prime minister about how. worried for finance errors in the city generally is about the lack of progress in the briggs it talks he said that fine words butter no parsnips and the city wants to see a good break zip deal now however to reason may's speech hardly touched upon the issue of bragg's it at all as he spoke about global challenges facing the u.k. and its allies and the star of the show in terms of global challenges really was russia that was what she chose to focus her criticism on russia has fermented conflict in the dawn by us and mounted a sustained campaign of cyber espionage and disruption this is included meddling in elections and hacking the danish ministry of defense and the put into stark among many others it is seeking to weaponize information deploying state run media organizations to plant fake stories and photo shopped images in an attempt to sow discord in the west and undermine our institutions it's just blind use asians from the united states britain generally

thank you very much indeed in the city of london. the headlines on bbc newsroom live. the bank of england has raised interest rates for the first time in a decade. the base rate is now 0.5% in a bid to curb inflation. gavin williamson has been named as the new defence secretary. he moves from his former position as chief whip. his appointement follows the resignation from the cabinet of sir michael fallon amid allegations of inappropriate behaviour towards women. prosecutors in madrid have asked the high court to remand eight former members of the catalan government in custody. they are facing charges of rebellion and sedition for trying to declare independence for catalonia from spain. former catalan leader carles puigdemont and four others ignored an order to appear in court. protests are now being held in barcelona, outside the catalan government building. our correspondent james reynolds is in barcelona with the latest. those who turned up were led by the former vice president of the catalan region who is himself a leader of a left—wing political party and he dec

for centuries, britain has been a centre for global finance, focused here on the city of london. and that's seen by many as good for our economy and the development of global trade. to support that, we allowed companies to set up in the uk and not be taxed here. 0ur imperial past is also important. across the world, the what are called crown dependencies, or 0verseas territories, places like jersey and guernsey and the isle of man, which have an arm's length relationship with us, and have based their economy on low tax offers to companies and individuals to hold some of their wealth there. others are more far—flung — places like gibraltar, as well as bermuda, the british virgin islands, the cayman islands, and turks and caicos. such places insist they are good for growth if they allow firms and individuals to avoid being taxed multiple times by different countries. there have been a lot of new rules on transparency as well, but they are criticised for being too secret, too weak on regulation, and too open to corruption. critics say the laws have also failed to keep up with gl

the city of london he was introducing the prime minister today and he used the opportunity to remind the prime minister about how worried the financier is in the city generally is about the lack of progress in the brig's it talks he said that fine words butter no parsnips and the city wants to see a good briggs it deal now however to reason may's speech hardly touched upon the issue of bragg's it at all as he spoke about global challenges facing the u.k. and its allies and the star of the show in terms of global challenges really was russia that was what she chose to focus her criticism on russia has fermented conflict in the dawn by us and mounted a sustained campaign of cyber espionage and disruption this is included meddling in elections and hacking the danish ministry of defense and to the bundestag among many others it is seeking to weaponize information deploying state run media organizations to plant fake stories and photo shopped images in an attempt to sow discord in the west and undermine our institutions it's just blind argues asians from the united states britain generall

the city of london he was introducing the prime minister today and he used the opportunity to remind the prime minister about how worried for the finances in the city generally is about the lack of progress in the brig's it talks he said that fine words but an opossum it and the city wants to see a good briggs it deal now however to reason may's speech hardly touched upon the issue of bragg's it at. he spoke about global challenges facing the u.k. and its allies and the star of the show in times of global challenges really was russia that was what she chose to focus criticism on russia has fermented conflict in the dawned us and mounted a sustained campaign of cyber espionage and disruption this is included meddling in elections and hacking the danish ministry of defense and put them to stark among many others it is seeking to weaponize information deploying state run media organizations to plant fake stories and photo shopped images in an attempt to sow discord in the west and undermine our institutions it's just blind use asians from the united states britain generally follows the

the action fraud unit of city of london police says more than 15,000 victims across all age groups came forward to report crimes last year, from identity theft and card cloning to dodgy online ads, costing shoppers a total of nearly £16 million. compared to this time last year, we've had a 25% increase in overall fraud and have also seen this year a 65% increase in auction fraud, online fraud and marketplace fraud. mobile phones continue to be the most likely products to be bought from fraudsters but clothing and footwear are high on the list too, as well as make—up, drones and fitbit watches. the growing problem has prompted a police video campaign showing the many scams targeting christmas shoppers and what people can do to avoid them, like making sure a good deal is the real deal. jon ironmonger, bbc news in central london. simon will be here shortly. right now it is time for the weather. the weather has been appalling in some parts of the country in the last 2a hours. the trend for the next few days will be for things didn't quite a bit colder right across the uk and this is a bi

the lord mayor's banquet in the city of london we know what you're doing and certainly can say that the baras country well if they knew what the russians are doing why did they do something about it this is the other thing about it here's the other point what does boris not know that the reason a man knows boris is meant to be the factional foreign secretary i think they need to have a little bit of a cup of tea and a bit of a chant about who's right but maybe boris has to find the pocket of the kremlin to listen to his own prime minister is meeting the un secretary general today and the husband of the accused british subject imprisoned in iran let's go to more dubious leaks and information in your next story from some magazine called the atlantic which i don't think anyone takes that seriously that there's a relevant point there actually action but let's start with headlines atlanta quotes the secret correspondence between donald trump jr and wiki leaks now this is a slightly impenetrable story it begins to suggest that wiki leaks was. invent saying donald trump jr that's the presi

another day, another leak of embarrassing documents about the role of the city of london as the global centre for tax avoidance. successive british governments have postured about leading on transparency, but it's easy to play the good guy when you have so many post—colonial territories to do the dirty work at your bidding. avoiding civilised rules on tax was always part of the brexit agenda but any attempt to turn britain into the bermuda of the north is likely to flounder, since the eu will surely make cleaning up the overseas territories a condition for any future trade deal. but the rest of the eu got the blame too. remember, it was an eu directive in the 19805 that let multinational companies pay tax in any european headquarters country rather than where their revenues and profits were really made. remember, tougher action has been taken against the luxleaks whistle—blowers than against the accountants, corporate executives or politicians involved. remember, that the commission's own president, mrjuncker, was prime minister of luxembourg when his country was conniving with big

another day, another leak of embarrassing documents about the role of the city of london as the global centre for tax avoidance. successive british governments have postured about leading on transparency, but it's easy to play the good guy when you have so many post—colonial territories to do the dirty work at your bidding. avoiding civilised rules on tax was always part of the brexit agenda but any attempt to turn britain into the bermuda of the north is likely to flounder since the eu will surely make cleaning up the overseas territories a condition for any future trade deal. but the rest of the eu got the blame too. remember it was an eu directive in the 1980s that let multi—national companies pay tax in any european headquarters country rather than where their revenues and profits were really made. remember, tougher action has been taken against the luxleaks whistle—blowers than against the accountants, corporate executives or politicians involved. remember that the commission's own president, mrjuncker, was prime minister of luxembourg when his country was conniving with big

first ta ke london to the city of culture. first take a look at everything we have been up to in the past few months. the tenth annual freedom festival for hull celebrated william wilberforce, the anti—slavery campaigner, with over 200 events. there were live performances and pop up there were live performances and pop up surprises and a lecture from kofi anna, the former un secretary general. to paraphrase william wilberforce, we may choose to look the other way, but we can never say again that we did not know. there have been more brilliant theatre premiers, in including a play by john godber and the adaption of a novel a short history of tractors in ukrainian. there was a celebration of mick ronson and his journey from a hull housing estate to rock stardom as the guitarist for david bouley. —— david bowie. an old office block was turned into a 19805 south korean police station. it was one of the best buy creepie5t thing5 i have done each year. if i don't make it out, tell my mum and my dad and my sisters are my brothe

the city of london, for example, is 98% continuous urban fabric, and perhaps that comes as no surprise. nearly all the land around here is covered in roads and buildings, but this is actually quite unusual in the uk, and i think people might be surprised just how little of the land in the country is actually covered with buildings and roads. so, the official answer to the question, "how much of the uk is continuous urban fabric" is... 0.1%. looking at the whole of the country, more than half of it is farmland. most of it pastures. forests, woodland and natural landscape account for a third of all the land. urban green space — parks and gardens — make up 2.5%, with the area actually built on — roads, buildings, ports and airports — accounting for just 5.9%. take a council like bradford in west yorkshire. your mental picture is probably of a bustling urban centre, but the aerial mapping reveals that continuous urban fabric accounts for just 0.3% of the local authority. 0verall, just a quarter of the land surface is artificial. indeed 10% is this. i'm standing in a peat bog. surpr

the city of london, for example, is 98% continuous urban fabric, and perhaps that comes as no surprise. nearly all the land around here is covered in roads and buildings, but this is actually quite unusual in the uk, and i think people might be surprised just how little of the land in the country is actually covered with buildings and roads. so the official answer to the question, how much of the uk is continuous urban fabric is... 0.i%. looking at the whole of the country, more than half is farmland. most of it pastures. forests, woodland and natural landscape account for a third of all the land. urban green space, parks and gardens make up two and a half percent, with the area actually built on, roads, buildings, ports and airports accounting for just 5.9%. take a council like bradford in west yorkshire. your mental picture is probably of a bustling urban centre. but the aerial mapping reveals that continuous urban fabric accounts for just 0.3% of the local authority. overall, just a quarter of the land surface is artificial. indeed, 10% is this. i'm standing in a peat bog. surprisin

on monday, i will be joining you from bloomberg's brand-new european headquarters in the city of london. this is bloomberg. ♪ >> the following is a paid advertising for time life's video collection. >> ladies and gentlemen, dolly parton. >> country music's biggest night. about when i am about to get myself together ♪ >> when country stars perform on country's biggest date. >> ♪ all my friends live in texas ♪ >> now you can have your very own front row seat. ♪

of london. let's take you back. an election is good for sterling to the extent that it increases the probability of the softest version of brexit, of membership of the single market in some sense. under that scenario i suspect sterling might get a 10% rise. if people think an election means there is a 30% chance of that, i guess that outweighs the political negative. a fairly significant shift to the left politically. mark: and on the corbyn argument? which is more domestic oriented, how does that feed into assets? say, that is and negative is it is corbyn plus the labour party. a left-leaning labor party plus brexit is another negative in a world which was already priced for some significant negatives, so it is dragging down, probably is outweighed given the starting point. , itie: if we look at europe has its own things going on, not just the brexit issue which will play out over the next several months, but also other things. are there systemic risks in the system still? do we have to worry a

dr elaine fahey is from city law school at the university of london. it is good to see you. it is a very interesting scenario the keep an eye on. as she was pointing out, switzerland, you know, has access to the single market, and yet it has its independence, but it is paying a price for that. switzerland paid a high price for access to the single market, but for a long time, they have been looking to institutionalise that relationship. how much is involved in the agreement and what price will they further have to pay, we don't know. it is interesting to see how it develops. switzerland has been outside, and yet it is continuing to negotiate this too and —— to and fro. they were suspended for a while. political bargaining has been going on for some time. at the end of the day, if you want access to the single market, you have to pay for it. to what extent are there parallels between switzerland and the uk post— brexit? parallels between switzerland and the uk post- brexit? extremely strong parallels with issues like migration, access to the single market, and the swiss

and for the artist became his impression of the city jessica baldwin al-jazeera london. with. the cells as it is on the top stories. syrian state television says the army and its allied forces have pushed to isolate of the eastern city of the dead as of last remaining syrian stronghold and the capital of an oil which province bordering iraq. is tracking those developments from gaza and top on the turkey syria border. today earlier in the day there was some fierce fighting today. where i saw defense lines hold for quite some time until they were broken by shelling now those areas have been told by the syrian army backed by different militias and they say. clearly operation to clear up the area looking for suspected or potential booby trapped buildings. bombers or snipers and while that offensive reaches its final stages in syria neighboring iraq forces of entered the town of al qaim in anbar province it's on the western border with syria and one of isis last stronghold in the country about record could help keep the deposed leader of spain's catalonia region out of jail w

city but a lot of people who work in the city would say, i'd rather work in london and frankfurt, for example. actually looking at it from the perspective of the frog. are we allowed to say that? they say that, come over and join the frogs. up to 10,000 jobs by 2019. basically, by the time we get to brexit, they think they can pull over 10,000 cityjobs? interestingly, only around 2500 have moved over and as this article points out, the french are also targeting asian businesses looking to set up in europe. whichever sto i ca lly to set up in europe. whichever stoically come to london. we are seeing a bit more of some of the asian, including the chinese institutions, looking at paris and potentially frankfurt as well. this may not be all london jobs moving over but actually, in the scheme of things, 10,000 is significant but not that significant, i would suggest, if you are a big investment bank. you have a lot of people working. also, you've mentioned frankfurt. the head of goldman sacks was saying, coming here a lot more. that is the big competitor, isn't it? it potentially is. geogr

the city of london, for example, is 98% continuous urban fabric, and perhaps that comes as no surprise. nearly all the land around here is covered in roads and buildings, but this is actually quite unusual in the uk, and i think people might be surprised just how little of the land in the country is actually covered with buildings and roads. so, the official answer to the question, "how much of the uk is continuous urban fabric" is... 0.1%. looking at the whole of the country, more than half of it is farmland. most of it pastures. forests, woodland and natural landscape account for a third of all the land. urban green space — parks and gardens — make up 2.5%, with the area actually built on — roads, buildings, ports and airports — accounting for just 5.9%. take a council like bradford in west yorkshire. your mental picture is probably of a bustling urban centre, but the aerial mapping reveals that continuous urban fabric accounts for just 0.3% of the local authority. overall, just a quarter of the land surface is artificial. indeed 10% is this. i'm standing in a peat bog. surpr

the fraud unit of city of london police says more than 15,000 victims across all age groups came forward to report crimes last year. from identity theft and card cloning to dodgy on line ads, costing shoppers a total of nearly £16 million. compare to this time last year, we've had a 25% increase in overall fraud and have also seen this year 65% increase in auction fraud, on line fraud and marketplace fraud. mobile phones continue to be the most likely products to be bought from fraudsters but clothing and footwear are high on the list as well. also make up, drones and fit but watches. the growing problem has prompted a police video campaign showing the many scams targeting christmas shoppers and what people can do to avoid them, like making sure a good deal is the real deal. jon ironmonger, bbc news in central london. home broadband providers must ensure that 50% of their customers can achieve advertised speeds at peak time under a crackdown on misleading claims. at the moment, firms are allowed to advertise "up to" speeds as long as they are available to a minimum of ten—percent of c

this is our flagship morning show in the city of london. i am anna edwards. matt: i am matt miller in berlin. politicians stayed up all night and yet still missed their self-imposed deadline to end the preliminary coalition talks. they will continue at noon today. it looks like they have serious impasses. anna: we're talking about 16 points with the climate and the eurozone. let's have a look at what has been going on in the asian sector. let's bring that to our audience. risk on in the equity markets but it is certainly not a classic risk on. the nikkei rebuilding after getting the 25 date of the coverage. rebound in japanese stocks. limited by what we are seeing in the again. india, increasing the credit rating for the first time since 2004. a vote of confidence. fascinating to look at the fx markets and see what is striking things. the weakness in the dollar, the strength in the yen. suggesting special prosecutor mueller is having an impact on risk appetite in fx markets. matt: take a look at my risk radar. i have a couple currencies. the dollar weakness i

in the city of london. let's get you the business flash. aly has revived herself with a lozenge. juliette: save your role and will step down following a request from the board. he will be replaced by cfo david warren while the chairman will not be standing for reelection in 2019. the lse asked tci fund management to withdraw its recommendation. regal entertainment is in talks for a $3.6 billion sale to sin a world. negotiating a price for regal at $23 a share. the deal would create a bigger international rival to industry leader amc entertainment. that is your bloomberg business flash. anna: nicely done. thank you. the u.k. and the eu are said to have reached a preliminary agreement on the amount that britain will pay when it leaves the block,, the so-called divorce bill. leaving the issue of the irish border before talks can progress to the next phase. chair atichard erwin is saranac partners. this dramatic move in the markets, sterling and gilt. looks as if you have the eu national sorted. bloomberg says 40. it has got this feeling of a new momentum that we have not had for qui