if the u.k. government thanks -- and this is a competition between bit -- british business and scottish as is, it's just bound to lose in scotland. that's what nationalists think. scottish nationalists think it is a common vision between scottish niche and britishness. -- scottish nest and britishness. most people in scotland want a bit of both. the thing a u.k. government does , a sensible government, is try to build on that. try to find a space where people cooperate and see that both governments which work for scotland can work together in scotland's interests. i will give you a concrete example which worked well. that's the delivery of vaccines. u.k. production and research in sourcing combined with scottish delivery made the u.k. a world leader in getting covid vaccine into the arms of people who need it. that shows you cooperation can work. if you ask people in scotland about what they want with their governments, more than 70% of them say what they would want is more cooperation. we need a

let's go back to the u.k. prime minister boris johnson says the next steps to reopening the economy must be taken with a heavy dose of caution. some research and's or being relaxed, but international travel is still limited. italy's like -- countries like italy and spain are not on the green list yet. >> there's a huge pent-up demand for people to come and see family numbers they haven't been able to be meeting across this pandemic, as well as people who go on holiday. now it is down to unwinding the restrictions to retract -- to restart travel in a safeway. -- in a safe way. >> most are pretty thing that w we will see a very strong august and september. we think the booking trend over the last six weeks clearly supports that. >> we want to see a best approach, and as long as the vaccination rates are happening across europe, and so long as the infection rates are falling, we very much expect to see or countries added to the green list as those lists are reviewed every three weeks. >> we hope to achieve 50% of

the current u.k. conservative government are directly attacking our parliament and the principles of devolution they've given themselves enumerate a veto over any decisions that we make they are reserving the right to spend money and to take it initiatives that are within our responsibilities nadya's like transport and education f. people in scotland see a u.k. government that is well known to not just deliberately go right into the parliament that they have just elected but to directly undermine that parliament it simply proves again the case that those of us in the pro independence camp have always made that you can't governments well not act in the best interest of the people of scotland they will act in their own best interests and the only way that we can get the government that we actually need here in scotland is through independence there's nothing in the current you keep governments behavior that makes me think they're going to change course from the aggressively anted evolution course they'v

the current u.k. conservative government are directly attacking our parliament and the principles of devolution they've given themselves enumerate a veto over any decisions that we make they are reserving the right to spend money and to take it initiatives that are within our responsibilities nadya's like transport and education f. people in scotland see a u.k. government that is well known to not just deliberately go right into the parliament that they have just elected but to directly undermine that parliament it simply proves again the case that those of us in the pro independence camp have always made that you can't governments well not act in the best interest of the people of scotland they will act in their own best interests and the only way that we can get the government that we actually need here in scotland is through independence there's nothing in the current you keep governments behavior that makes me think they're going to change course from the aggressively anti devolution course they'v

the current u.k. conservative government are directly attacking our parliament and the principles of devolution they've given themselves enumerate a veto over any decisions that we make they are reserving the right to spend money and to take it initiatives that are within our responsibilities nadya's like transport and education effort people in scotland see a u.k. government that is well known to not just deliberately go right into the parliament that they have just elected but to directly undermine that parliament it simply proves again the case that those of us in the pro independence camp have always made that you can't governments will not act in the best interest of the people of scotland they will act in their own best interests and the only way that we can get the government that we actually need here in scotland is through independence there's nothing in the current you keep governments behavior that makes me think they're going to change course from the aggressively anti devolution course th

if the u.k. government thinks this is a competition between britishness and scottish nurse it is spending to lose in scotland and because that's what national snake this country's nationalists and gross's is one of them think it's s. competition it's the scottish and british ness. most people in scotland want a bit of both they're mostly people who are scottish but also have an element seriousness and that event today under thing a you can keep government does a sensible you government u.k. government does is try to build on the track to frame the space for people to cooperate and see that both the governments which work for scotland can work together in scotland centrist so to give you a concrete example of the one which worked well and that's because the delivery of vaccines it was you can't want you to risk a perch at oxford university and you kate production and sourcing combined scrushy stove every which has made the u.k. a world leader in getting covered vaccine into the arms of people who

although the u.k. has carried out a massive vaccination campaign, it is also recorded the highest number of fatalities in europe. almost 120,000 people have died from covid-19 as the virus pushed the national health service down its limits. >> that is a fascinating report. alexander lukashenko has spoken out to defend his actions and the arrest of additional -- dissident journalist on board an airplane. he says he acted within international law. this is been dismissed by the eu, brussels is slapping more sanctions on belarus and is calling for the release of the journalist. >> a defiant look shank out defended his actions and lashed out against his critics. the authoritarian president of belarus said he acted within international law when he gave the order for passenger jet to land in minsk. >> whether it was hamas or not, it doesn't matter today. the crew had time to take decisions. we had 123 passengers from various countries in danger and six crewmembers. i was acting in accordance with the law defe

it is being run in the u.k. and they are taking our vaccine and moderna and astrazeneca and running them against people that have already been vaccinated with one of the other. it is called a mix-and-match trial. we will see by the end of june how the different vaccines work. everybody is fairly convinced that with waning antibodies over the period of a year, you will want to boost, much like you do with a flu vaccine. guy: how do you feel about your ip? are you willing to share it? stan: we are way ahead of that. we knew this was going to be a global problem. we knew we need to get our vaccine out a year ago. a long time ago. a year ago we partnered up with the biggest vaccine company in the world, the serum institute of india that makes 1.5 billion vaccines for low and middle income countries. we tech transfer all of our ip to them so they can scale up and supply the world with our vaccine. we did it without any upfront payments or milestones, just to serve that very purpose. giving away ip does not solve the

as the u.k. begins to open up and the green lists and amber countries come to bear, portugal on the green list but greece and spain remain in amber. this is i suppose a splice risk because the u.k. has them on amber but greece and spain might not want british tourists because of the indian variant. annmarie: exactly, it is a very difficult situation for a ceo of an airline to navigate. not only do you potentially need more capacity to countries like portugal, where if you thought you could go to mika knows or athens or rome, but whether those countries will let british travelers and. at the moment it is a little unsure. manus: it really is up in the air. but we have the numbers and the ceo, a great combination. the numbers are tough to turn. a loss of 815 million euros. the passenger numbers already heavily curtailed by covid restrictions, and the government says it is impossible to provide meaningful guidance for 2020 two, expecting a strong recovery in the second half of this year. michael o'le

and the u.k. to be returned to the u.k. so 25 percent is going to be transitioned over 5 years and i'm pretty certain that you're going to see more of these issues the next issue coming up is those same french fishermen have actually threatened to blockade the port of cali wow ok so this is somebody who will continue to can't following it's not just kind of a fluke incident between mature countries but the timing is also very notable here because. this comes just a day after the g. 7 summit where the u.k. and france were among the countries valen to work together so why do these disputes over post brecht's that agreement stand to threaten the major alliances like the g 7 that the u.k. and the e.u. are both a major part of we're right rachel the g. 7 ministers and development as just met the actual summit is going to be in june in cornwall actually called a spade in the u.k. and that's where you'll see all the global leaders including from the u.s. side will be attending members of the g 7 but i would say this it was an insi

former u.k. prime minister david cameron is defending his intensive lobbying for the now collapsed greensill capital. during nearly four hours of interrogation by two parliamentary committees, cameron denied he was motivated by a big greensill paycheck. investigations are underway whether the government did the prime minister any special favors. global news 24 hours a day, on-air and on quicktake by bloomberg, powered by more than 2700 journalists and analysts in more than 120 countries. this is bloomberg. annmarie: thanks so much. annabelle droulers in hong kong. president biden hails what he caused a great milestone as public health officials say fully vaccinated americans can stop wearing masks. but in the u.k., a little bit more of an anxious feeling on what's going on with variant from india. there's a divergence across the transatlantic. that's coming up next. this is bloomberg. ♪ ♪ >> and today, with the cdc's guidance in terms of the relaxation of mask requirements, we think it's agai

guy: a bit of aftermarket news in the u.k. the u.k. government confirming an earlier story. we will see an ongoing share sale. they will sell around 580 million shares. the u.k. government owns in the former royal bank of scotland. that steak was taken on as result of financial crisis. let's talk about what is happening with ubs, ubs will pay a one-time bonus of $40,000 to newly promoted associates, about one third of their annual base pay. this could start as early this month. joining us is bloomberg's elisa martinuzzi. there has been a lot of noise over last month's about junior bankers. are they working too hard, there being compensated, to their need to be more junior bankers. can you nail down what the problem is? alisa: there has been assured -- a surge in market activity. you had a surge in demand for advice on the taking public of special companies. those require a lot of preparation all pictures. that is what has kept the junior bankers busy. at the same time, covid-19 and working from home. struggling to manage the worklife balance for some of these employees. it i

in a few minutes time the u.k. transportation secretary will be laying out the u.k. traffic light system. we are about to find out where and when we can go on holiday. alix: and by we we mean you, which is fair. we are also moments away from president biden speaking in the east room of the white house. he will be talking about the jobs numbers. no doubt the jobs numbers will give extra fuel to the politicians who say we need more fuel, on the other hand it will say we need less employment insurance. dealing with that. guy: that is a huge debate. some of the governors are talking about that at the moment. can biden thread the needle and keep both of those constituencies happy? we'll be taking president biden's very shortly on bloomberg television. alix will go to bloomberg radio and bring you that press conference. that is all coming up. this is bloomberg. ♪ ♪ ♪ look, if your wireless carrier was a guy you'd leave him tomorrow. not very flexible. not great at saving. you deserve better... xfinity mobile. now they have unlimited for just $30 a month... $30. and t

this week -- in the u.k. we have seen the government coming out with a new policy, a new structure for the rail system in the u.k., a digitization of that process. as a result, train line will suffer. i throw that in because it is one of the worst performers. hugo boss up 6.3%, 6.4%. why? a possible takeover coming through. it could come from the direct group. we will see if he will make a bid. that is a report out earlier. hugo boss catching a huge bid. facing an aggregator of struggling brands. one brand not struggling or one set of brands, richemont, the swiss luxury giant, doing well. this is a jewelry story shining through and delivering very strong upside momentum. the company talking about caution going forward, lack of visibility. investors grading these strong numbers with nice pop in shares. the stocks trading up 5%. alix: polishing the shine on the stock. good job. joining us is swetha ramachandran, gam investment management. the worry on the call is the low visibility richemont has. the stock is n

the u.k. has sent in its royal navy has opposed briggs's spat with france over fishing rights intensifies 2 gunboats have been deployed to the waters off jersey off to paris threatens to leave the islands without power because french fishermen claim they've been denied licenses to fish in the area the waters between france and jersey have been shed of fishing territory for hundreds of years the island belongs to the u.k. but relies on france for some of its immediate cease fire whether the u.k. is divorced from the e.u. or has a scope it's the status quo the french fishermen are sailing to jersey to protest to lazing getting licenses to fish from the islands or forests hey you can see the boats arriving at the port of said hello there are angry too about new limits on how long they can spend in shared waters in the last couple of days if disputes those called really hates it depends of course. with paris and london heads over fishing rights in british waters the noids are out a french minister

u.k., prime minister boris johnson says he is concerned about the spread of a very, while singapore times restrictions. signs of a strengthening u.s. labor market suits concerns about inflation, halting a three-day slide on wall street. elon musk doubles down on his criticism of bitcoin, digital currencies. welcome to "bloomberg markets: european open." 7:00 in london. mark is with us from singapore. what are the markets saying to you? mark: the markets are generally finishing the week in a positive tone. most equity markets doing well across the asia region, despite the factor has been a tough week for markets. it's finishing pretty positive. traders were incredibly distracted as we discuss the new virus restrictions coming in many countries, not least my home country of singapore. anna: absolutely. let's quickly check out what's happening in markets in terms of the futures and gmm screen. let's have a look at futures for europe. the context behind this is that yesterday we saw gains in t

manus: the u.k. is probably one of your most important routes and yet we were not included on the green list. why was that? >> i think there was a bit of people who really pushed a lot because we were open. a lot of citizens and people came during the new year, enjoyed it here. in dubai, the restrictions, keeping our distance. forcing, everybody is wearing their masks. and also, they will see we took every measure to ensure the safety of our passengers and also our staff, on board and on the ground. manus: is the u.k. being transparent enough on how you move from red to amber to green? >> i don't think so. it is very difficult to understand. you can see the number is really dropping down. the u.k. number is really dropping down. i think we need to look to see what exactly is happening. i think we have proved to the world also that the uae today is in the top three in terms of vaccinations. manus: has the u.k. told you what you need to deliver to them? >> of course. our official position in the u.k. g

the u.k. and the eu. for the first time, fishing rights are at the center. your pictures from thursday as dozens of boats sailed to jersey to protest. they positioned themselves outside the main point -- port for several hours and express anger over the new requirement to have licenses to fish in jersey's waters. >> they cannot put us out of an historic fishing area. this is -- we have been fishing there for thousands of years maybe. >> jersey is 20 kilometers from france, a british crown dependency, which means it is part of the u.k. -- it isn't part of the u.k. but the u.k. as part of its defense. jersey controls the fishing in the sea surrounding the island. the u.k. sent two royal navy ships to the area. france responded by sending two patrol boats. while that was playing out, politicians from jersey were speaking to french fishermen. this is one of the islands ministers. the fishing boats have left. our correspondent robert hall is still there. >> the skies have cleared. are we any cleare

the u.k. is sent in its royal navy is a post break says bath with france over fishing rights intensifies to gun boats have been deployed to the waters off jersey after paris threatened to leave the island without power it's all because french fisherman claim that they've been denied licenses to fish in the area now the waters between france and jersey have been shared fishing territory for hundreds of years the island belongs to the u.k. but relies on france for some of its i mean it is however you case the force from the u.k. has scuppered the status quo french fisherman a sailing to jersey to protest a liaison getting licenses to fish from the islands authorities and he can see their boats arriving in fact at the port of st helena where they are angry too about new limits on how long they can spend in shared waters the last couple of days it is the speaker's got really heated to it was charlotte now reports. with paris and london 2 more heads over fishing rights in british waters the noise o

and the u.k. to be returned to the u.k. so 25 percent is going to be transitioned over 5 years and i'm pretty certain that you're going to see more of these issues the next issue coming out is those same french fisherman have actually threatened to blockade the port of cali wow ok so this is somebody who will continue to can't following it's not just kind of a fluke incident between mature countries but the timing is also very notable here because. this comes just a day after the g. 7 summit where the u.k. and france were among the countries valen to work together so do these disputes over post breck's and agreement stand to threaten the major alliances like the g 7 that the u.k. and the e.u. are both a major part of we're right rachel the g. 7 ministers and development as just met the actual summit is going to be in june in cornwall actually called to say in the u.k. and that's where you'll see all the global leaders including from the u.s. side will be attending members of the g. 7 but i would say this it was an inside go

and u.k. government, who should see i to i all the stuff, -- see eye to eye on this stuff, you have a better chance of pushing practical plans you have a much better opportunity of getting the results. amb. green: i am the development guide. my training and my approach is to think around the corner. i want to highlight a few things tony said. it's terrifically important that we think about building capacity in countries that are in need not only right now but have vulnerable populations going into the future. so we have to build the , administrative capacity and in the future testing capacity because they are on the front , lines for, not only this pandemic, the likelihood that we but the likelihood that we will face other epidemics and outbreaks and hopefully those that we can fence off. it's key that we build the capacity out there. we need nimble testing capacity nimble administrative capacity , to make sure that when we have these miracles of the vaccine s - and they are medical miracles a

just as the u.k. is opening up, we're seeing places like singapore, taiwan, japan implement more restrictions. we've seen a little bit of nervousness because of that. chinese markets did wonderfully despite the poor data. we had soft commodities doing poorly and perhaps the biggest volatility of the morning was the crypto space which we're seeing more of now as musk has confirmed that he will not accept bit coin. >> let's look at the futures. just under an hour away from the start of cash equity trading here in europe. remember, we had a strong session, of course, on friday. a strong session in the u.s. and the nasdaq up by more than 2.3%. but a strong session up by 1.6%. so this is the picture for europe right now almost entirely flat on a number of these markets. the market showing some upside. controlling to the u.s. futures, and you'll see we have an easy pictures reflecting those gains. we're still dealing with some of the same thiems around the fight against the virus. certainly that's dominatin

keeping a close eye on this one today the u.k. is unleashing the might of its royal navy as a post with france over fishing rights intensifies its deployed a patrol vessel now to the waters off jersey after paris threatened to leave that island without power it says french fishing boats were allegedly denied licenses to troll close by the waters between france and jersey have been shared fishing territory for hundreds of years the island belongs to the u.k. but jersey on the other islands rely on france for some of their immunities the u.k. . divorce those up with the status quo last couple of days has got really heated. explains with paris and london heads over fishing rights in british waters the noise out a french minister has now threatened to plunge the u.k. ireland jersey into darkness unless french trawlers continue to have access. to government provides free tell you terry measures and these measures of retaliation we are ready to use europe france has means there inscribed in the agreement in so far as jersey's considered

and the u.k. to be returned to the u.k. so 25 percent is going to be transitioned over 5 years and i'm pretty certain that you're going to see more of these issues the next issue coming out is those same french fishermen have actually threatened to blockade the port of cali wow ok so this is somebody who will continue to can't following it's not just kind of a fluke incident between mature countries but the timing is also very notable here because. this comes just a day after the g. 7 summit where the u.k. and france were among the countries valen to work together so why do these disputes over post brecht's that agreement stand to threaten the major alliances like the g 7 that the u.k. and the e.u. are both a major part of we're right rachel the g. 7 ministers and development says just met the actual summit is going to be in june in cornwall actually caucus day in the u.k. and that's where you'll see all the global leaders including from the u.s. side will be attending the other members of the g 7 but i would say this it wa

and the u.k. may be vaccinating a lot of people, but it's also in our enlightened self-interest that we vaccinate the strategically vulnerable populations in the world. this paper is on how we produce more vaccines, distribute them, and do that in a way which allows us even in those countries that won't get fully vaccinated they are vaccinated least to most vulnerable and the key work is in the most densely populated urban areas and all of the aim of that is to stop it from spreading. we are putting this plan forward which comes up in the u.k. in a few weeks time. it requires organizations for us to be able to track exactly what is happening in the world, for us to boost production capacity, and then for the vaccines that we produced to be distributed in the right strategic way and we have a proposal as to how that might be organized. it's a matter of organization, leadership, a matter of the world coming together and recognizing that it has a common interest in making sure that as much of the wor

now the u.k. sent in its royal navy as a post breaks it spat with france over fishing rights intensifies is deployed to gun boats to the waters off jersey off to paris threaten to leave the island with that power as well because french fishermen claim that they've been denied licenses to fish in the area where the waters between france and jersey have been shed fishing territory for hundreds of years the island belongs to the u.k. but does rely on france for some of its i mean italy's you case to force from the scope of the status quo and in the last couple of days it's got really hated and shouted to bin ski explains. with paris london heads over fishing rights in british waters the noises are out of french minister has now threatened to plunge the u.k. island of jersey into darkness unless french trawlers continue to have access. to government provides free tell you terry measures and these measures of retaliation we are ready to use europe france has means they're inscribed in the agreement and

and the u.k. to be returned to the u.k. so 25 percent is going to be transitioned over 5 years and i'm pretty certain that you're going to see more of these issues the next issue coming out is those same french fisherman have actually threatened to blockade the port of cali wow ok so this is somebody who will continue to can't following it's not just kind of a fluke incident between the 2 countries but the timing of the author very notable here because. this comes just a day after the g. 7 summit where the u.k. and france were among the countries valen to work together so why do these disputes over post bracks and agreements stand to threaten the major alliances like the g 7 that the u.k. and the e.u. are both a major part of we're right rachel the g. 7 ministers and developments as just met the actual summit is going to be in june in cornwall actually called to stay in the u.k. and that's where you'll see all the global leaders including from the u.s. biden will be attending the other members of the g. 7 but i would say th

from the u.k. just as spain says british visitors are welcome to visit. a confusing picture. we will look at what's happening on aviation stocks. this is bloomberg. ♪ anna: welcome back to the european work it open. seven minutes to go until the start of trading. futures point to the upside. let's look at some individual stocks we are watching. let's talk about the operator of movie theaters in the u.s., u.k. and elsewhere. they have been talking about strong opening weekend performance in the u.k. and also in the u.s. saying they have opened an additional 167 cinemas. the rest of the world, poland and israel will be opening at the end of the week. i did go to the cinema this weekend and what a welcome return to a little bit of normal life that was. what do you have? mark: i am looking at solutions 30, a french technology services company which it resumes trade today. it has been under pressure from short-sellers since last year. ernest young said it would not be able to express an opinion on its

the u.k. looks to speed up second shots as the highly transmissible and the invariant spreads. boris johnson -- transmissible indian variant spreads. boris johnson will be holding a press conference. german infections drop below 100 per 100,000. stocks bouncing back, gaining traction right now. mining stocks are being hit again. china continues its assault on high commodity prices. beijing rolling out fresh measures to restrict steelmakers. let's take a look at where those markets are. we are getting a bounce back this friday. we are certainly seeing that in europe. the stoxx 600 is up 1%. the euro stoxx 50 has just gone through 4000. london has been an underperformer because of what we have seen this week in the commodity space. as you can see, basic resources are in london, down by 1.26%. alix: here in the u.s., we are looking at retail sales that came in and disappointed, but you have a higher inflation expectation from the u mich. that took a bite out of confidence. russell 2000 up by almo

the seismic impact of the pandemic on the u.k. economy has forced us to take tough but necessary decisions including temporarily reducing the overall amount we spend on. ok let's get the views now for a while for because he has a long standing interest in food poverty has even written the book food bank britain you're very welcome thanks for coming on what do you make then of this decision by the u.k. government to slash foreign aid by 60 percent. well i was showing to buy it by being a rich this is not about economic argument is purely about short term populism you've got to realize that u.k. government is saying to its population we need to look after our own kids but just certain extent is correct however the reality is around the world children do not have access to education for many children are exploited or indonesia situations many children do not have access to food or clean water and the aid budget is crucially important in the u.k. at the moment a whole service of public sector we're not some polloi without people from

now the u.k. sent in its royal navy as opposed to brics it spat with france over fishing rights intensifies the gun boats are being deployed to the waters off jersey after paris threatened to leave the island without power that's all because french fishermen claim that they've been denied licenses to fish in the area where the waters between france and jersey have been shed fishing territory for hundreds of years the island belongs to the u.k. but relies on france for some of its amenities however you case divorce from the scuppered the status quo i am french fisherman a sailing to jersey to protest delays in getting licenses to fish from the islands authorities you can see their boats arriving at the port of st helena here they are angry too about new limits on how long they can spend in shared waters and in the last couple of days too it is a dispute that scott really hated as charlotte devinsky explains. with paris london heads over fishing rights in british waters the noises are out of french

belongs to the u.k. but it relies pretty heavily on the islands around it on france for big mean ities electricity being one of the u.k.'s divorce though has put the status quo is really ramped up in the last few days got really heated shallow do bensky explains with paris london heads over fishing rights in british waters the noise out of french minister has now threatened to plunge the u.k. island jersey into darkness unless french trawlers continue to have access. to government provides free tell you terry measures and these measures of retaliation we are ready to use europe france has means there inscribed in the agreement in so far as jersey's concerned i'll remind you for example of the tricity transportation by undersea cable so we have the means and even if i regret that we could get to this point we'll get there if we must. with france supplying almost all of the island's electricity this is a serious warning the electricity for our travels through you not to go and see as well so that. you know

keeping a close this nexus morning the u.k. is unleashing the might of its royal navy as opposed rex a spot with france over fishing rights intensifies its deployed a patrol vessel out to the waters off jersey to paris threaten to leave the island without power this is from a french fishing boats were allegedly denied licenses to troll around the waters of those waters between france and jersey have been shared fishing territory for hundreds of years the island belongs to the u.k. but they rely on france for some of their remain a t's the u.k. z u divorce those were the scope of the status quo the last few days i shall do bensky explains. heads fishing in british water is the noise out of french minister has no threat to plunge the u.k. jersey in to talk unless french trawlers continue to have access. to government provides free tell you term measures and these measures of retaliation we are ready to use europe france has means they're inscribed in the agreement and so far as jersey's concerned i'll remind you for example elect

or the u.k. economy at 4.8%. the estimate was 4.9%. the prior number was 4.9% so the market was anticipating no change. the unemployment number has come down a little bit. this is data from march, pre-the reopening in any real sense for the u.k. economy. a big focus is when we are going to see a peak in unappointed because -- unemployment because still projecting a large number of jobs in the u.k. more people are coming back into the workforce but bloomberg economics suggests we could see unemployment peaked at 6% at the end of 2021. that is some of the dynamics to keep in mind as we go through the year and as we continue to focus on what the reopening of these developed economies can do. let's think about where we are on the bigger picture, the pound. a bit of upside for the pound. let's have a look at where we are. we saw a modest drop for european markets and u.s. markets. today, we see expectations have arrived. modest in the u.s. but more modest in europe. expected to see some movement to th

and the u.k. may be vaccinating a lot of people, but it's also in our enlightened self-interest that we vaccinate the strategically vulnerable populations in the world. this paper is on how we produce more vaccines, distribute them, and do that in a way which allows us even in those countries that won't get fully vaccinated they are vaccinated least to most vulnerable and the key work is in the most densely populated urban areas and all of the aim of that is to stop it from spreading. we are putting this plan forward which comes up in the u.k. in a few weeks time. it requires organizations for us to be able to track exactly what is happening in the world, for us to boost production capacity, and then for the vaccines that we produced to be distributed in the right strategic way and we have a proposal as to how that might be organized. it's a matter of organization, leadership, a matter of the world coming together and recognizing that it has a common interest in making sure that as much of the wor

and the u.k. to be returned to the u.k. so 25 percent is going to be transitioned over 5 years and i'm pretty certain that you're going to see more of these issues the next issue coming out is those same french fishermen have actually threatened to blockade the port of cali wow ok so this is somebody who will continue to can't following it's not just kind of a fluke incident between the 2 countries but the timing of the author very notable here because. this comes just a day after the g. 7 summit where the u.k. and france were among the countries valen to work together so do these disputes over post bracks and agreements stand to threaten the major alliances like the g 7 that the u.k. and the e.u. are both a major part of we're right rachel the g. 7 ministers and development as just met the actual summit is going to be in june in cornwall actually called this day in the u.k. and that's where you'll see all the global leaders including from the u.s. side will be attending members of the g. 7 but i would say this it was an in

measure and it's not the only threat coming from france the u.k. is expecting a number of authorizations from us on financial services we will not give any until we have guarantees that's one fisheries and other issues the u.k. respects its commitments its give and take each side should respect its commitments otherwise we will be as brutal and difficult as necessary under the briggs it deal french vessels have the right to continue fishing in british waters if they had done so before the u.k. left the e.u. what's causing problems now is the required proof to show that french a fisherman claim that they are having problems obtaining licenses. were discovered that jersey had given a number of authorizations but even more so they have. place conditions for the right of fishing conditions that limit us to today's conditions that limit the number of days we can fish in the year limitations and fishing gear for the fishing . they have been created all of a sudden without saying anything without warning and one and without going through thistle channels

now the u.k. has sent in its royal navy has a spat with france over fishing rights intensifies to gun boats have been deployed to the waters off jersey after paris threatened to leave the island with that power that's all because french fishermen claim that they've been denied licenses to fish in the area where the waters between france and jersey have been shared fishing territory for hundreds of years the island belongs to the u.k. but relies on france for some of its i mean if however you case the force from the e.u. has scuppered the status quo and french fishermen are sailing to jersey to protest delays in getting licenses to fish from the islands authorities and he can see their boats arriving at the port of st helena now there are they are angry too about new limits on how long they can spend in shared waters in the last couple of days is the speed this got really heated as charlotte dubinsky expects. with paris . london heads over fishing rights in british waters the noise out of french mi

member if scotland declares independence from the u.k. that could create another headache for smaller companies if a change was to come very quickly. on that would be a farce very significant seismic change that we would have to be able to manage for small businesses like ourselves we will need a great deal of help to get us through that. the new whisky will find its way to the e.u. france and germany yucky export markets instead the employees hope the logistical problems can be solved in time for their properly aged whiskey to be bottled. knickknack is a journalist and very joins me from ornette could see you this election is decisive for the independence movement is there any support in the business community for an independence referendum. full given that the pro independence scottish national party has been a dominant force in scottish politics since 2011 most companies are neutral only question of independence at least publicly. for high street retailers who don't want to eliminate their s.n.p. supporting customers if you're a suppli

both the u.k. and france sent a military ships in the area to patrol that came as french fishermen talk their own action blockading the port of salt air on the island of jersey the main earthquake. the reason we're really angry with them is that the fishing licenses came with technical restrictions that were different for each fisherman and these restrictions are completely illegal and violate the breaks a treaty for example a fisherman for some totally illogical reason won't be allowed to fish in a certain zone in jersey's waters another won't be allowed to fish for certain species another will be limited to one fishing technique and when people meet it's uses trolling that's for instance they were different for everyone french fishermen are serious over what they see as being a breach of the briggs it deal over fishing rights they say that the dish will conditions have been imposed with limits on the number of days that they can fish or what clear that they can use in certain zones they've told r

the u.k. denies these claims saying the licenses have been issued to all 87 french vessels that have applied for them and met the criteria well more than 40 boats have been specifically authorized to fish in jews ease waters. as the realities of briggs it sinking jews the islanders and french fishermen alike it seems have been left trawling for answers jollity been ski r.t. paris. will talk i look in france is the designs on next story covert along coded in the questions over the months of 8 key bones stomach pains headaches of that one mother terrified for his son's welfare high the ball is just one parent sound the alarm right now than about the british government's approach in her view to long over the family sure the government's greater attention they say. everything back. to. getting. them and i'm sure they're looking at that and i know wow and that may have. the issue maybe not such a degree of my son's guards or some other kids i mean there's a lot while the my son the government got t

the u.k. economy -- according to a lords banks -- lloyd's banks survey, the findings emphasize that the economy is rebounding more robustly than expected from its deepest slump in 300 years. there is another twist in the gates' doris. they said there would be no changes to their $50 billion foundation but now, the boss says he is looking at ways to strengthen its long-term sustainability and discussing what steps bill and melinda might take. he says no decisions have been made. global news 24 hours a day, on air and on bloomberg quicktake, powered by more than 2700 journalists and analysts in more than 120 countries. this is bloomberg. anna: laura wright and london. coming up on this program, we will take a look at stocks to watch including julius baer. the company will pay almost $80 million to resolve a u.s. probe. this is bloomberg. ♪ anna: welcome back to the european market open. six minutes or so to go until the start of equity trading and we are expecting gains. european futures point

now the u.k. has sent in its royal navy has a post breaks it spat with france over fishing rights intensifies to gun boats have been deployed to the waters off jersey after paris threatened to leave the island with that power is all because french fisherman to claim that they've been denied licenses to fish in the area or the waters between france and jersey have been shed fishing territory for hundreds of years the island does belong to the u.k. but relies on france for some of its i mean it is however you case the force from the u.n. has scuppered the status quo and now french fisherman assailing to cheers you to protest a lazing getting licenses to fish from the islands authorities and he can see their base arriving at the port of st helena now they are angry too about new limits on how long they can spend in shared waters in the last couple of days it's a dispute that's got really heated to charlotte pinsky now reports. with paris. london heads over fishing rights in british waters the noids a

the u.k. porter force, what is obliged to do under international law that brought these people to safety to the port of dover -- i've counted 30, maybe 40 people crowded onto the vessel, to dinghies that they used to make their journey. they will be processed here and then taken to a variety of forms of accommodation for the start of what could be a lengthy asylum application process. while they are treated with care, they are not welcomed with open arms by a conservative government intent on discouraging asylum-seekers. an immigration lawyer who gives much of his time to channel rescue. >> she wants to fix a broken immigration system -- she is the one who has broken it at her ideas are to totally change peoples perception, putting people in military eric's, militarize the border, let's talk about warships. that is frightening. that's why the organization started. this awful rhetoric is something we do not subscribe to end -- and shows people are human rights laws exists. reporter: over 8000 a

u.k. authorities have pushed back claiming that they have done all they can to accommodate french concerns as you've already licensed so before you vessels great pragmatic that's right there it's they will be clear that there are process to really sense you know say the lawyer. for the data so i think it's fair on acceptable to make those they saw. both countries sent navy vessels to monitor the situation tensions over fishing rights have been simmering for days after their requirements for a fishing license were published last week france even went as far as threatening to cut off jessie's electricity. officials from jazzy met with some of those blocking the port but the 2 sides failed to reach an agreement french boats have now agreed to leave. a scar on this from d.-day because one of berg it to pass in london welcome back it so the vose french fishing boats are now leaving jersey waters but this dispute is not over as i write. that is right and quite astonishing how in the space of jus

the u.k.? p.m. johnson: it is one of the issues we may face, but in fact we should update the house on where we are because if we look at the data again this morning and i can tell that we have increasing confidence that vaccines are effective against all variants, including the indian variants. and i want particularly in this context to thank the people of many places to have been coming forward in record numbers to get vaccinated and to get there first and second jobs. the numbers -- jabs. the numbers have doubled and i think the country could be proud of their parts of bashan. >> -- part of that participation. >> mr. speaker, i think that is that yes but the risk of other variants coming through the borders is one of the biggest threats unlocked. not just talking about the indian variant but future variance. in those circumstances, why did the prime minister choose to we can travel restrictions i moving 170 countries or territories to the amber list? p.m. johnson: mr. speaker, we have one o

the u.k. denies these claims saying the licenses have been issued to all 87 french vessels that have applied for them and met the criteria well more than 40 boats have been specifically authorized to fish in jews' ease waters. as the realities of brigs it sinking jews the islanders and french fishermen alike it seems have been left trawling for answers jollity been ski arty paris. or more and more of this 15 months of a key bone stomach pains and headaches have left one mother terrified for his son's welfare is just one parents sounding the alarm about the british government's approach these days to long cove in the family a sure that should be paying greater attention to. everything back. down. to. oh mark his acting. and i'm sure they're looking and i know wow and that may have. the issue maybe not such a degree of my son's guards or some other kids i mean there's a lot while the my son the government got 2 children you get one this virus and that we need for children this effect centers tha

that the u.k. sent in his royal navy has opposed breaks his spat with from the fishing rights intensifies to gun boats to being deployed to the waters off jersey off to paris threaten to leave the island with that power where the waters between france and jersey have been shed fishing territory for hundreds of years the island belongs to the u.k. although does rely on france for some of its the main ities however the u.k. is divorced from the e.u. scott but the status quo. i'm french fisherman and i was sailing to jersey to protest delays in getting licenses to fish from the islands authorities can see their boats arriving off the port of some well they're also feet they are also for furious to about new limits on how long they can spend in shared waters and the last couple of days it's got really heated to charlotte dubinsky explains. with paris london heads over fishing rights in british waters the noise out of french minister has no threat to plunge the u.k. ireland jersey into to organise unles

jaguar land rover recently said the u.k. car industry is toast if we don't get batteries, but musk tends to produce batteries for his self. it will be interesting to see if a deal can get done. alix: how are the incentives in the u.k.? alix: absolutely. -- guy: absolutely. alix: absolutely. guy: those words sometimes pop into your head. alix: everyone has a krach. minas bennett -- a crutch. mine is bananas. guy: we are coming into the close. this is bloomberg. ♪ guy: wrapping up the thursday session in europe and it has turned out to be quite the positive one. started out indecisive. lowe's midmorning. -- lows midmorning. we pull higher. yesterday a distant memory. let's work out what has been going on in the individual markets. the ibex market underperforming. a good run recently. today underperforming a little bit. the ftse up .9%. the dax bouncing back strongly today, up 1.5%. the madrid market lagging a little bit. the peripheral market have been seen as being more positive prior to yesterday's selloff. today not deliv