first, the successful negotiation of a uk eu free-trade agreement which the uk is seeking. secondly, the creation of a us uk free-trade agreement which the uk has begun to discuss with us trade authorities although it cannot formally begin the negotiations until it withdraws from the eu and its common commercial policy. third, the creation of a uk eu free-trade agreement based on the model of the us eu trade and investment partnership, which was under negotiation between 2013 and 2016 but is now frozen in light of political developments. finally an extended transition period during which the eu and uk trade does not change materially but other barriers to trade progressively come into effect. for the sake of completeness, we also assessed the economic impact of three so-called brexit scenarios. like the hard brexit scenarios, these assume that the uk will maintain access to the eu's single market in some way and apply its terrorist for the rest of the world. three such brexit scenarios are one, that norwegian model which would involve the uk becoming a member of the europea

by doing -- by modelling the uk/ericuk uk/eu we are showing the ground. doing a one trade deal with the u.s. is much easier than doing multiple trade deals with multiple countries especially with multiple large countries. i think we have seen an example of that with the trip to kichin. so a global britain idea would be many years and probably not really duplicate the size of the u.s. economy. so we start with those scenarios and then we go into the calculator. it is assumptions what would tariffs look like in a uk/u.s. free trade agreement? how much higher would they be than they are now? we can't say our assumptions are correct. we make assumptions based on the data. it allows you to say okay, rand, i disagree with you that non-tariff barriers will rise by 5% relative to what they are now. i think that we will have nontariff barriers that won't rise. they will be 0%. you can program that in and model will then calculate the results for different a. what will uk trade look like? you can look at non-tariff barriers for services. their trade surplus is in s

or import from the uk, theirgoods, export to the uk or import from the uk, their goods, services and also the other way around for the british businesses that are involved in this activity. although this is a prerogative of european commission, we think trade and co—operation should be maintained as at the best possible platform for us and for the united kingdom and all the protectionist movements are dangerous and that is why we regret that we are losing the united kingdom as our ally in a number of discussions at the eu level, where we tried to to mitigate and reduce the red tape, the number of regulations but we do believe that also in the new agreement that will soon also in the new agreement that will soon be worked out soon be developed and negotiated we will be able to co—operate with the united kingdom closely. it is important for our entrepreneurs and our economies now the prime minister please point out the prime minister please point out the second journalist to ask a question. minister, are you concerned about reports of a russian spy you were photographed alongside i

and the uk. so that, it will be in a sense a triangular negotiation without that being officially so, formally so. and to all of this one of the things i think we all learned in writing this and in watching "brexit" is how the unpredictable becomes the norm and how every day you learn there is some new complication that needs to be resolved. whether it is agencies that provide certification, et cetera, et cetera. there is all sorts of stuff that you don't anticipate that is going to come up. i think also we don't know how the personalities involved are going to get through this phase of negotiation. what we have seen, with the spectacular, spectacularly over the last couple of weeks, is the weakness and divisions within the may government and the ability, i would say, surprisingly so, of the eu to remain united behind their negotiators. there are little squabbles on the edges but they're staying pretty firm. so i think we have a still a difficult and uncertain road ahead to actually find out what

if the uk going to stay pa rt part of. if the uk going to stay part of. if the uk going to stay part of that, is it going to mirror the regulations? we talk about things like regulations but that is how the world operates, and rules and regulations. at the moment we have the same as the rest of the eu and that is going to change. i'll find a question you can't answer at some point but i haven't managed it today! you can get more from the tea m today! you can get more from the team not just an today! you can get more from the team notjust an brexit but an lots of news stories, search for bbc reality check. thank you for watching this special and brexit. we are back tomorrow at the same time covering a range of stories. welcome to our latest thoughts on the weather over the next four or five days and into next week. the script for this week is that we start the week fairly quietly. by wednesday and thursday things get very wet and windy as you will see. then the end of the week turns much, much colder. let's do that stage by stage. on tuesday a replica of m

uk citizens living in the eu. eu citizens living in the uk will have their rights enshrined in uk law and enforced by british courts. they will be able to go on living their lives as before. i was clear in florence, we are a country that honours their obligations. after some tough conversations, we have now reached an agreement which is fair to the british taxpayer. we will be able to invest more in our future priorities at at home such as housing, schools and the nhs. in northern ireland we will guarantee there will be no hard border and we will uphold the belfast agreement. in doing so we will continue to preserve the constitutional and economic integrity of the united kingdom. the president of the european commission praised the commissioner for her determination and said the negotiations had been difficult for both sides. difficult for both sides. i believe we have now made the breakthrough we needed. today's result is, of course, a compromise. it is the result of a long and intense discussion between the comm

a breakthrough in brexit talks as the uk and eu reach agreement. that's all from the bbc news at six — so it's goodbye from me — and on bbc one we nowjoin the bbc‘s news teams where you are. the time is 6:30pm here are the headlines. the brexit negotiations look set to move onto the next stage after both sides reached a deal on the terms of the uk's departure. getting to this point has required give and take on both sides, and i believe thejoint report that is being published is in the best interests of the whole of the uk. the prime minister says there'll be no hard border with ireland, and it's thought britain's divorce bill will be between £35 and £40 billion. violence has flared between israeli forces and palestinians protesting at president trump's recognition ofjerusalem as israel's capital. snow is continuing to fall in many parts of scotland, northern ireland and northern england, causing power cuts, school closures and travel disruption. ina in a moment, it will be time for sportsday. but first, a look at what else is coming up thi

and1 million eu citizens living in the uk and 1 million uk citizens living in the eu. eu citizens living in the uk will be able to go on living their lives as before. we‘ll look ahead to the next phase of talks. children affected by domestic violence need better

the uk to stay. believes the uk is leaving. say there was this amazing reversal, under what circumstances would we come back? because actually, again when you talk to the commission they say we can change our mind while in the article 50 process but by launching it we have lost everything that we have gained, if you like. that means the rebate, not signing up to the euro and all of that. that would be really intriguing from an academic point of view. where does brexit sit on the conversations in the european union when there are so much else that they need to talk about? we care about brexit and talk about it all the time, how much is brexit the dominating conversation in brussels? this will make us feel bad. i think it dominates more time than they would like to admit. jean—claude juncker a few months ago said... no i won't do my imitation. he said from now on we will dedicate 50 minutes per day to brexit and no more. this is not the case. it is just not the case. the uk is a very big member state

the uk to stay, believes the uk is leaving. say there was this amazing reversal, under what circumstances would we come back? because, actually, again when you talk to the commission they say we can change our mind while in the article 50 process but by launching it we have lost everything that we have gained, if you like. that means the rebate, not signing up to the euro and all of that. that would be really intriguing from an academic point of view. where does brexit sit on the conversations in the european union, when there are so much else that they need to talk about? we care about brexit and talk about it all the time, how much is brexit the dominating conversation in brussels? this will make us feel bad. i think it dominates more time than they would like to admit. jean—claude juncker a few months ago said... no, i won't do my imitation. he said from now on we will dedicate 15 minutes per day to brexit and no more. this is not the case. it is just not the case. the uk is a very big member state, and we are leaving and

in total, 14 million people in the uk are in poverty. what our report is now showing us is we are ata report is now showing us is we are at a significant turning point. two yea rs of at a significant turning point. two years of sustained increases in the number of children and pensioners in poverty is a real red flag to government that they have to do something now. researchers say they should end the freeze on benefits, describing it as the single biggest change that would reduce poverty. ministers say they are already spending tens of billions of pounds, though the national living wage has given a significant pay rise to households. michael buchanan, bbc news. coming up at 6am on breakfast, charlie stayt and naga munchetty will have all the day's news, business and sport, including a panorama investigation into why government funding for a flagship british aid project to support civilian police in syria has been suspended. theresa may head for brussels amid speculation britain and the european union are close to a deal on brexit negoti

these are your headlines the eu and the uk break the brexit deadlock. jean-claude juncker announces divorce talks can progress to the next phase after a deal is reached on the irish border issue. >> i believe we now have made the break through we needed. today's result is, of course, a compromise >> sterling hits session highs as theresa may insists it's a good deal for the british taxpayer >> getting to this point has required give and take on both sides. i believe that the joint report being published is in the best interest of the whole of the uk. >> european banks rally as global supervisors finally sign off on agreements ten years in the making the chair of the basil committee says the compromise reached was worth that long struggle >> it was not so easy to get to the number 72.5, but give than we do have a compromise, everybody has signed off everybody is prepared to implement it in this particular way. >>> a shutdown averted for now president trump will sign a short-term funding bill to keep the u.s. government in motion for another two weeks as

but this is a time limited and specific exception, it is uk courts in the driving seat. lam it is uk courts in the driving seat. i am pleased to see this deal. the prime minister has put a great deal of personal effort into it, including staying up all night to finalise it. it is clear that it is also broadly welcomed by our eu partners, even if many of them remain profoundly upset that we are leaving the eu. so they saw the sides of the conservative divide rowing in behind the prime minister. that is something if you tilt your ear, you can hear the huge sighs of relief coming from downing street. but remember, this is just coming from downing street. but remember, this isjust the beginning of the negotiating process, what is to come, the discussion about the future relationship with the eu will be more complicate, in all likelihood. that is why opposition parties are keeping up the pressure on the prime minister. this is the point we had hoped to get to two months ago. what the prime minister needs to do is to focus on transitional measures immediately. that should have started in o

in the uk and eu citizens currently in the uk. if you see the language that is there in the paragraphs, it talks about the commitment to avoiding a ha rd about the commitment to avoiding a hard border. that commitment is overarching and stands in all circumstances. the strongest commitment which exists in this document is that political commitment there is the complicated business of negotiating treaties between the european union and the... the way we saw phase one was making sure that we narrowed the para meters was making sure that we narrowed the parameters within which agreement could be made and we got the guarantees and assurances that we needed and we have those now but this will continue for months and even this will continue for months and eve n yea rs . this will continue for months and even years. we wanted to protect assuring citizens‘ rights and the common travel area to make sure there would not be a

well, now we know. 0ur speakers have arrived in the uk. they cleared customs in holland — as the agent said they would — hidden inside a larger delivery. so, that's vat of £312 evaded. well, it's pretty shocking, isn't it, that you can do it so easily and so openly, so blatantly, and we need to make sure that there are systems in place to stop that happening. evenjust to make it a bit more difficult for people to scam it, would stem some of the flow, and that would be a start. but there's a lot more that needs to be done. and amazon stored our fraudulently imported goods. this is where our speakers ended up. so, our goods have arrived with amazon. we bought them in china, shipped them to the uk without paying vat. we got away with the crime. and amazon profited from it. bilton‘s bargains paid £838 in fees for storage, delivery and billing. we didn't want other people to get caught out by our scam — so i bought all 300 speakers. amazon says it cannot know whether import vat has been paid, and that "no vat fraud took place" in rela

has left the eu institutions, the uk has left the eu institutions, the uk will not be covered by our international agreements. they will be leaving approximately 750 agreements which we have signed as the european union, which cover today the uk. so, the 30th of march 2019 they will know longer be covered by the bilateral agreements which the eu has concluded with third countries. we've got seta, for instance. and to answer your specific question, the uk needs to prepare as of now to be able to replicate those agreements. what that means as well as that they have to ensure that already, now, they have the administrative capacity to carry out those negotiations, to conclude those agreements. it's a lwa ys conclude those agreements. it's always useful to remember that when we talk about the red tape here in brussels, this red tape, this bureaucracy, works in many areas on behalf of all 28 member states. therefore they don't need to have the same bureaucracy back in their member states. but when a country is no longer a member of the eu then, of course, they need to have that administra

to the uk. it takes two sides are there to be no deal, doesn't it? if there is no deal, you would want to put a border there to protect the integrity of your single market. this is a very strange way of looking at it, and i am also a little bit irritated. the eu is an entity that's been around for around 60 years and for over a0 years the uk has been a member. the uk has been building the eu as much as any other country and in fact it has been in the forefront building the single market. now, the uk has chosen to leave the eu and for the time being it looks as though they want to leave the internal market. the uk knows better than anybody else what the rules of the single market are. you've created them together with the rest of europe. i wonder whether you think that the rest of the eu will go all the way to the wire on this issue backing up ireland. ireland says we have a veto but we don't need to use it because everybody is supporting them. is everybody supporting ireland on this? yes. the wa

treated differently from the rest of the uk. mr tolbert, do you detect already differences in attitudes to trade in ireland itself orare attitudes to trade in ireland itself or are peoplejust attitudes to trade in ireland itself or are people just coasting along and saying we have got to see all the time, living with uncertainty which is the thing all businesses hate? very much so and one of the key statistics in our economy is that even though only about 37% of our trade is with the uk, about 80% of trade is with the uk in the smaller market so we do have certainty. interestingly our exports to the uk have continued to grow which is really fascinating in the last 12 months, but a lot more companies are looking to overseas markets they haven't looked at in the past so that will help our economy be more broadly based. earlier today as well, i think it's nearly disappeared with all of the brexit story, but the eu signed off ona brexit story, but the eu signed off on a trade deal with japan for example. we will be looking at trade

they are our biggest market, the uk. they are our biggest market, the uk is uk. they are our biggest market, the ukisa uk. they are our biggest market, the uk is a hugely important market, ireland is a huge important market for the ireland is a huge important market forthe uk, ireland is a huge important market for the uk, but ireland is a huge important market forthe uk, but there ireland is a huge important market for the uk, but there are other countries which are equally important to the uk. the netherlands, belgium, germany, luxembourg, denmark, those net exporting countries to the uk. that is the kind of deal that we need. a trade that does not diminish our economies, a circumstance where we are only ten years from the eco—crisis eu zone is stronger financially. this is a? 0ver eco—crisis eu zone is stronger financially. this is a? over the future posterity of our countries. it has to be done on the basis of integrity of the single market. that is some thing that continental and especially mediterranean colleagues wa nt especially mediterranean colleagu

but the uk will still pay between 36 and £39 million. european court of justice will have a limited role, overseeing the rights of eu citizens the uk for eight years rather than 15. but eu citizens lawfully resident in the uk on brexit day will have the rights guaranteed. we've heard a lot about the tory civil war and europe. well, today, the tribe appeared to embrace the spirit of christmas goodwill. this agreement is a significant political achievement for the prime minister. theresa may has absolutely put her mark on this. she has stood up and she has not been found to be wanting. others weren't quite buying into the accord. i listened to michael gove and borisjohnson today and thought, are we on the same side?! i simply couldn't believe it. i will say this to you, i think within the next 48 hours we will hear a lot more conservative voices who perhaps kept quiet this morning saying, actually, they're not happy with what's happened today. at the heart of this deal lies a cabinet truce on brexit. the leave side are so concerned to pres

for once the uk and the eu seemed to be in step. at least there were no visible borders as theresa may arrived for her meeting with jean—claude juncker. the eu arrived for her meeting with jean—claudejuncker. the eu council president donald tusk strongly hinted that an agreement was in the air, tweeting he was encouraged after a phone call with the taoiseach, saying they were getting close to sufficient progress being made. but reports the uk had accepted there will be no regulatory divergences across ireland after brexit had also reached the party whose support helps keep theresa may in power. yellow how are you doing, bonjour and all that. we know there has been quite a lot of speculation emanating from the brexit talk regarding the united kingdom and northern ireland border. we want to make a statement in relation to our position. we have been buried. northern ireland must leave the european union on the same terms as the rest of the uk and we will not acce pt the rest of the uk and we will not accept any form of regulatory d

the us and the uk are significant but substantially less the uk and its european neighbors. for the us moreover the value of an fta the uk alone is negligible. it would provide zero-point to% percentage points of gain for the larger us economy. the only truly beneficial trade scenario for the uk that we found would be a trilateral uk, eu, us agreement much like the t tip might have been. we found the t tip scenario would be seven points for gdp better than the wto lines. with the uk get preferential access to both the us and eu marketplaces. one reason for this outcome being so good is that in addition the eu and the us themselves would benefit economically and the full effect and enhance growth from the two larger economy would help the uk. however, we fully recognize that a t tip like arrangement is seen as very unlikely in the current political environment on both sides of the atlantic. as i mentioned we assessed other scenarios including a transitional arrangement for norway, swiss and turkish mode models. the transitional arrangements would be good economically for the

it will be subsided by uk courts —— it will be decided by uk courts. if there is a difference of opinion, there is a difference of opinion, the uk courts may voluntarily referred to the ecj for a limited period of eight years on a limited set of principles. i don't think that cuts across any of the key red lines that people like me feel need to be respected, those who campaign to be respected, those who campaign to leave the eu. there will be flexibility needed on both sides. this unlocks the door to moving onto trade talks and making sure we get that win—win deal. trade talks and making sure we get that win-win deal. well, there is flexibility and then there is caving in. let's also talk about the divorce bill, up to £40 billion. i remember boris johnson saying divorce bill, up to £40 billion. i remember borisjohnson saying the eu could go whistle if they thought they were going to get tens of billions of pounds out of the uk. you can try and knock down the deal and you would have criticised whatever outcome it was. and you would have criticised w

progress has been made on what happens to eu citizens currently living in the uk, as well as uk citizens living in the european union. and there also appears to be agreement over how much the uk pays the eu, in what has become known as the brexit divorce bill. the last key sticking point however is what to do about the irish border. negotiations on that were held by diplomats overnight. it still isn't clear if a deal has been done. it's 310 miles long and has 200 public roads along it, which makes it a complex issue given the government's plans to leave the customs union and the single market. the government in dublin once a written commitment there will be no new border controls and that is something the irish cabinet has been meeting this morning to discuss. speaking just before he boarded his flight speaking just before he boarded his flight to brussels, the brexit secretary david davis said that eve ryo ne secretary david davis said that everyone wants talks to move on to trade. we have but seven months of work, both sides, into getting to this point and we are hoping that jean—cl

believes the uk is leaving. say there was this amazing reversal, under what circumstances would we come back? actually, again when you talk to the commission they say we can change oui’ commission they say we can change our mind while in the article 50 process but by launching it we have lost everything that we have gained, if you like. that means the rebate, not signing up to the euro and all of that. that would be really intriguing from an academic point of use. intriguing from an academic point of use. it would have to be so big, if you think it was the biggest democratic event, the biggest exercise of peoples will and vote for a long time, so politicians would have to be really, really sure that they had a chunky majority of the public on side if they were to stop that. a quick question to use. —— to use. what i and conscious of, is while we are in west and stuck on a huge amount of the brain space of westminster is taken up by brexit. i wonder, went as brexit sit on the conversations of the european u

a cold day across the uk. wind is not as strong so may not feel quite as cold but we have drawn down call air across our shores, and coming into the cold air, we saw it briefly in the far south—west, there is some wet weather from these weather systems. and that rings problems as we had overnight into sunday. so very cold very quickly on saturday evening. wet weather coming in from the south—west quickly turns to snow perhaps for northern ireland, more especially for wales, the midlands, perhaps into east anglia, and moving northwards into northern england. and it is across these central areas that we have amber snow warning from the met 0ffice, ten centimetres widely, perhaps more higher grounds. the worst of it comes later in the night and early on sunday morning. although snow may continue into the afternoon, it becomes much lighter, probably turning dry across northern ireland. dry and cold across most of scotland. certainly cold underneath that snow mixed there but across the southern parts of england

the deal protecting the rights of eu citizens in the uk and uk citizens elsewhere in europe will apply to anyone who takes up residency before the day the uk leaves the eu. in other words, people arriving over the next year and more will still qualify. there will also be a role for the european court ofjustice for at least eight years after exit. that compromise will upset some brexiteers. and on the financial settlement, the divorce bill, a set of principles for the method of working out the bill has been agreed. it will be paid in euros, but some of the detail, including the schedule for payments, still has to be negotiated. estimates of the total still range depending on who you talk to, from about 40—115 billion euros. but this is only phase one. talks about the nature of a future relationship between the uk and the eu haven‘t yet started. the next priority will be to agree upon the terms of a transition period after brexit that buys everyone a little more time. the eu insists that the transition itself should take place under all existing eu rules and regulations, including ne

is this acceptable to the uk? just before you go, are you surprised by the dynamic that surrounded theresa may yesterday, the round of applause? looking back a year, she was a the round of applause? looking back a year, she was a nervous the round of applause? looking back a year, she was a nervous looking character among all the easier —— among all these leaders. a combination of things have gone on. sheer relief from the eu leaders that significant progress has been done. they can do about the future rather than the bad—tempered stuff from the past. there could be more visionary stuff now. the memo has gone out, support theresa may. she has a difficult political situation at. if the final brexit deal is to be delivered, she needs help. thirdly, the professional politicians. many of them the head of minority coalition government. even less stable than theresa may's of red. they know what it is like to be embattled in the national parliament. there is always some downtime in these summits. i hear you had bee

strong, cold winds surging across the uk during friday. for some of us, that day will start very wintry, with snow showers across northern and western parts of scotland. icy in places. elsewhere, sunshine or snow showers, it will feel bitterly cold, colder than the thermometer might suggest. it will feel closer to or below freezing on friday even on saturday, which starts frosty. the sleet and snow showers will be close to the north sea coast on saturday, where the winds will be stronger. elsewhere, sunshine. but by sunday, we have a problem. a cold and frosty start, and we bring an atlantic weather system into the uk with the moisture into the cold air. there is uncertainty about how quickly this will move across the uk, but some of us are likely to see snow as it runs into the cold air. there is a risk of significant snow in places, particularly across northern parts of the uk. for sunday, this is a case of watch this space and we will keep you updated. there will be further similar problems into next week, because the weather pattern st

eu citizens living in the uk and the role of the ec]. i think presidentjean—claude juncker made it we have another ten days to go before the european council meeting we have another ten days to go before the european council meeting in to give a resolution where if they see sufficient progress. i think we're heading in the next 48 hours, three days maximum, to try and get these matters resolved, because that is the kind of time frame we we have a meeting of the european parliament next week, which will have to give a resolution where if they see sufficient progress. will have to give a resolution where if they see sufficient progresslj think we're heading in the next 48 hours, three days maximum, to try and get these matters resolved, because that is the kind of time frame we i think i'm right in saying we are expecting leo varadkar, foreign minister to give a news conference within the next few minutes, and if that comes up we will go to a sense of you from what you expect them to be saying, in light of the intervention by the dup ear

that is around £39,000 uk wide. the electoral commission is questioning whether momentum really did stay inside those limits. today, they say there may have been some accounting errors. they say they will cooperate fully with the investigation, but they believe this is something that can be resolved. 0ur correspondent ian watson. former british soldier nick dunn, one of the so—called chennai six, has arrived back in the uk, after more than four years after being jailed in india on weapons charges. mr dunn along with five other british men, had been guards on a ship to combat piracy in the indian ocean, but were jailed in october 2013 after being charged with carrying unlicensed firearms and ammunition. after years of campaigning, they won an appeal against their convictions last week and were given permission to leave india. well our correspondent fiona trott was at the airport when he arrived well, here he is, nick dunn. finally back home afterfour well, here he is, nick dunn. finally back home after four years i

of a million uk citizens living in the eu. after some tough conversations, we've now agreed a settlement that is fair to the british taxpayer. it means that in future we'll be able to invest more in our priorities at home. in northern ireland, we will guarantee there will be no hard border and we will uphold the belfast agreement. and in doing so, we will continue to observe the constitutional and economic integrity of the united kingdom. theresa pulls it off! in the early hours of this morning, the prime minister made a dash to brussels and sealed a deal on phase one. but was there a lot more give than take? and has she just parked the northern ireland problem in the long—stay car park? we ask one keen brexiteer. we've opened up the negotiations to talk about that future partnership deal, and the win—win of that deal on trade and security cooperation and all those other things is within sight. so i think it vindicates the prime minister's approach. i listened to michael gove and boris johnson today, and thought, were we o

we are employing people in the uk so rather than it being made ina huge the uk so rather than it being made in a huge factory in other parts of the world, we are making it in the uk. and there is a lot of detail and attention going into that. that's grown—up packaging. you talk about the traditional element, don't you? this is grown—up packaging. i'm going to share some! i note your name is on it? we have got it on there. byjames cadbury. that was allowed, but i wasn't allowed to call it james cadbury chocolates. this is organic. this is a more sophisticated view when you might have your chocolate with a glass of wine or with coffee? we wa nted glass of wine or with coffee? we wanted to do something for adults and we are going with lots of different flavours. we have got avocado and a gym bar. we wanted to stand out. we do try and do things differently. i was listening about how bitcoin is rising. we take bitcoin which is something to stand out from the market. so all these little things to stand out is where you need to be because that's what cadbury did when they started. they we

early last week, the bank of england said all uk banks passed the latest tests. despite the severity of the test, for the first time since the bank began stress testing in 2014, bank needs to strengthen its capital position a result. informed by the stress test in our own risk analysis, we also charged that the banking system can continue to support the real economy, even in the unlikely event of a disorderly brexit. jan wolter is head of european banks at credit suisse. good morning. give us your take on these new rules that have been grappled with across europe. how was that give will they be?” grappled with across europe. how was that give will they be? i think the rules that we expect today, the announcement, is the final component of the basel three package. the aim here is to first make things more resilient and we have already seen liquidity requirements increase over a numberof years. liquidity requirements increase over a number of years. that makes banks more resilient in times of economic stress. when the market worked less well. the final component

, mcgraw. —— uk economy grew. the headlines on bbc news: a leading brexit supporting mp says he's unhappy about the idea britain staying in the single market during a period. policing canada say they are treating the death of billionaire barry sherman and his wife as suspicious. after a bitter campaign, south african's governing anc is preparing to vote for the first time for a leader to replace jacob zuma. officials in california say the biggest of the wildfires which have driven tens of thousands of people from their homes now covers nearly four hundred square miles. a firefighter has died tackling the flames north of los angeles. 0ur correspondent james cook sent this report from the town of fillmore. 12 days on and still it burns. more than 8,000 men and women are now battling this blaze, saving homes one by one. not far from here, the fire claimed the life of 32—year—old cory iverson, a firefighter, a father and a husband. he is survived by his wife, ashley, his two— year—old daughter, evie. cory and

so, they think it's fine that the uk is doing the same thing. but, actually, ithink the eu side see that... they don't see that as in any way, i think, weakening theresa may. in a way, i think they'd be glad of the fact that the parliament will approve something because, as i say, they want a sort of durable outcome from this that works all round, however hard it is to get to that. so, in the new year, they move on to the next part of negotiation. one thing we should just say about the withdrawal process. they are saying in the document that they released today that they expect the withdrawal agreement to be put into a legal text. they want it to be legally binding. and there is still a little bit of work to finish on that, particularly when it comes to citizens‘ rights. they're hoping that that can be done in parallel with the talks about the future negotiation. but that is the situation here in brussels at the end of this eu summit. christian fraser there at the summit in brussels. the us secretary of state says north korea needs to show a "

we cannot allow different parts of the uk to be more favorably treated than others. if one part of the uk is granted continued participation in the single market and customs union, we expect the same offer. well, the state of the negotiations was raised the next day by the labour leader at prime minister's questions. two days after the original cost and money's channels, —— after monday's shambles. is the prime minister ready to clearly outline what the position is now with regards to the irish border? i'm very happy to outline my position on the irish border. it is exactly the same position that i talked about in the lancashire house speech, that we have taken consistently into negotiations, which is that we will ensure that there is no hard border between northern ireland and the republic of ireland. we will do that while we respect the constitutional integrity of the united kingdom. and while we respected the internal market and protect the internal market of the united kingdom. and those labour members who shout, "how?", that's the whole point of the second p

have been unblocked by a more detailed offerfrom the uk. but the big stumbling block is what to do about the irish border. the irish government does not want to wait for a future trade deal. they want written guarantees now. before the prime minister's arrival, members of the european parliament were ushered infora the european parliament were ushered in for a preview because they will get a vote on the final deal. i'm optimistic it is possible, 50—50, thatis optimistic it is possible, 50—50, that is something but we have to be sure that an citizens rights, everything is ok. is there ready on the money? it seems. it seems there isa the money? it seems. it seems there is a deal on the money? you are with that? i'm cautiously optimistic but of course, we have to see the final outcome. can mrs may fix all of this today? i think that is possible. with goodwill, i think we can have a good agreement today. one claimed the british had pledged that northern ireland would stick closely to the eu's rules on customs. it is a meeting again with rea

it is the second time uk citizens wa nt it is the second time uk citizens want a vote, the referendum and now a true vote in westminster to decide the agenda of the european union. this isn't good for theresa may because the agenda will not move. soon as she negotiate something she will have to go back to london to get approvalfrom will have to go back to london to get approval from the parliament and this is not making her life easier. it just makes it this is not making her life easier. itjust makes it complicated for the uk government. we will be live in brussels in a moment. a number of ways to get analysis of what's happening from the bbc. one is to download the brexitcast podcast, which is in danger of becoming a runaway success. one of the most popular audio podcasts in the uk now. latest one has just been uploaded, features tim shipman, political editor of the sunday times. we can talk to kevin connolly, in brussels. kevin, we were in touch earlier because you sent a useful briefing note about how we should mention trade in the context of phase two. perhaps you could share you

now, the uk can at last move on to the next stage of talks. but the head of the european commission sounded a warning, so much time has been devoted to the easier part of the negotiations, he said, now comes the hard part. our political editor laura kuenssberg has more. while most of us slept, when hardly a soul was stirring, the residents of downing street were up. late—night calls. then, at seven minutes past four, onto the plane. theresa may, travelling... while jean—claude juncker was pacing, waiting in so many ways, for the uk. and then, touchdown. ready? ready if you are. taking their places for the moment, after three days of cajoling, compromise and criticism. it was a good morning for theresa may. a deal to pave the way for brexit round two, the jargon she had longed to hear. sufficient progress has now been made on the terms of the divorce. this was a difficult negotiation for the european union, as well as for the united kingdom. after breakdown on monday, blocked by allies at home, a huge weight off the government's stressed sh

at the moment there is a dip in thejet the uk. at the moment there is a dip in the jet stream which brings in cold airfrom in the jet stream which brings in cold air from the north. we start to see a south—westerly flow of air which will push the weather front in our direction in this area of mild airwill be in our direction in this area of mild air will be in place across the uk by the time we reach sunday. saturday will still be quite a cold day across most of the uk. the cold snapis day across most of the uk. the cold snap is still not quite over. look at this. were still getting weather watcher pictures with nice snowy scenes across the uk, mostly across the hills now. first thing on saturday morning, a widespread frost. these are the city temperatures. in rural areas will be much colder. saturday morning start ona much colder. saturday morning start on a beautiful and crisp note from plymouth and burn must all the way to brighten handover and the midlands also nice and you crisp temperatures around. —1 in nottingham. free

rainfor south—westerly winds across the uk. rain for northern ireland, western scotland, the lake district. through the early hours of christmas day you can see the weather front swooping southwards into western parts of the uk. reining in the tips of cornwall, quite windy in the afternoon. across much of the midlands and yorkshire, it is cloudy and damp with a bit of brightness. the rain will move through across belfast, a bit lost stouffer the southern uplands. the temperature is a lot lower across scotland. three degrees in lerwick, a hint of things to come with slightly colder weather on the way. this is christmas day during the course of the evening. as we head into boxing day, a little bit of snow across the highlands of scotland. the southern uplands as well. the colder air starts to push into the uk, not quite reaching us. it will take time. boxing day, the early hours of the morning, the weather front pulling away. we are in between weather systems, meaning it. bright for many of us with wintry showers following. tempe

uk says in a part of the uk will be treated differently in the brexit talks. 0ne talks. one of the parents the growing use of online streaming services is being exploited by online sex offenders. sales of new cars stall once again — in november they fell for the eighth month in a row. the number of new cars registered was down by around 11% compared with november last year. that's according to figures from the society of motor manufacturers and traders. it suggests consumers are being put off by a rise in inflation and weak wage growth. we will have more on this shortly. commuting costs for rail passengers will rise injanuary at their fastest rate for five years. average railfares will go up by 3.4%. it was already known that fares regulated by the government, which represent about half of the total and include season tickets, would go up by 3.6% from next month. the uk's services sector, the biggest part of our economy, grew at a slower pace than expected in november. that sector covers many types of business, from banks to book—keepers, and hotels to hairdressers.

the date when the uk leaves the eu march 29 2019 is now likely not to be set in law. a short time ago i spoke with our political correspondent tom barton. he began by explaining the source of jacob rees mogg's frustrations. this was published by the european council after that summit that theresa may attended earlier in the week. now, i'm sure you will remember back in september at a speech in florence, theresa may committed the government to trying to get a transition deal for about two years and essentially, what this does is lay out what the eu thinks that transition period involves. in essence, what they are saying is that the uk will have to continue to accept eu laws, but also to accept any changes or new laws which were introduced during that period. on top of that, they'll have to carry on with things like free movement and carry on accepting the judgments of the european courts of justice. but it's that detail around having to accept changes to laws which is really getting jacob rees—mogg worried. the prime minister's consistently said that she is in favour

tee to citizens —— to citizens living in the uk will have their rights enshrined in the uk courts. i was clear in florence the we are a country who honours are promises. we should be able to spend more money on housing school and the nhs. in northern ireland, there will be no ha rd northern ireland, there will be no hard border, we can guarantee that. we will uphold the belfast agreement. in doing so, we will continue to preserve the constitutional and economic integrity of the united kingdom. the president of the european commission, jean—claude juncker, praised the prime minister for her "determination" and says the negotiations have been difficult for both sides. i believe we have now made the breakthrough we need. today's result is of course a compromise. it is a result of a long and intense discussion. as in any negotiation, both sides had to listen to each other. boat of the state made earlier today. —— those were the statements. speaking a little earlier now on the bbc‘s daily politics programme, the shadow brexit secretary, welcomed the agreement. it is progress. it

so how does the uk compare to other countries? there are around one in ten invoices paid late globally. 17% in the uk. let‘s talk to alan laing, md of sage uk and ireland. hello. why do you think so many invoices are paid late here compared to other countries? at sage, we think in 2017, it is unacceptable that 17% of invoices get paid late to small businesses. 73% ofjobs in the economy are created by small businesses and they have given three reasons in our survey why they do not get paid. i far the largest percentage is because they are not able to follow up because of the vendor relationship. so they are frightened asking for the money because of the relationship with the vendor which made damage on an ongoing basis. secondly, they have got no ability to follow up. it ta kes got no ability to follow up. it takes them a large number of days to chase invoices and nobody has set up a business to chase invoices, they follow their passion with their business so this is an extra admin burden. and some businesses are not resource to

the break—up of the uk. leading to the uk. —— to the break-up of the uk. whenever we are dealing with northern ireland we have to be extremely careful to reflect the political realities. final thought from you on what will happen now. david jones doesn't know what he's talking about it, he is making a mess of it and so are the people around him. in the name of god, stop this nonsense because we are being led to disaster by people like david jones. mr russell was probably the biggest impediment in the negotiations in the devolved negotiations and he's just displayed why he is a danger to the whole process of brexit. this isjust nonsense. i am going to leave it there but thank you for your time, i appreciate it. david jones and michael russell, thank you. both sides say they are hopeful a deal can be reached by the end of the week, how likely is that? let's get reaction from belfast. what form of words do you think will be acceptable to the dup to solve this issue? i think you are dealing here with a form of words which had in them, it's often described as c

, northern parts of the uk, but the most pa rt, early northern parts of the uk, but the most part, early next year continues this very changeable. this is bbc news. i'm julian worricker. the headlines at 3: a beatle, a bee gee and a ballerina. ringo starr and barry gibb are knighted in the new year honours. strictly judge darcey bussell is made a dame. the labour peer lord adonis, who's quit as the government's infrastructure adviser, claims brexit is infecting the entire conduct of government. a hyper defensive government which has got its backs against the wall in the mishandling of brexit, and it is seeking to scapegoat advisers and any others who come across its path. thousands of iranians take to the streets of tehran in a show of support for the government after two days of opposition protests.