if the uk were to stumble out of the eu, in relative terms, the uk will be in eu, in relative terms, the uk will beina eu, in relative terms, the uk will be in a position of weakness and will want a quick trade with the us but baby not be able to dictate the terms, it would be one where the us is calling the shots and from the uk point of view, it even a very liberal trade agreement with the eu would not compensate the potential loss of trade from the european union if hard brexit happens. the international monetary fund has kept its growth forecasts for the world economy as a whole unchanged for this year and next. but it wasn't so positive about the uk and us. 0ur asia business correspondent, karishma vaswani joins me now from our singapore bureau. karishma, what did they have to say? the imf‘s main message really a p2p that the global economy it is chugging along steadily —— appeared to be. 3.5% for 2017 and for next year. while china, japan and the eurozone saw an upgrade, the us and the uk are expected to see lower than expected growth rate this year and that is because of

the imf says the uk will grow 1.7%, compared with the uk will grow 1.7%, compared with the previous 2% it was forecasting, but to be honest it doesn't clarify why. i've looked through the report and it doesn't say much more than that. the funds said meanwhile that the us would grow byjust1.2% in comparison to the 2.3% it previously forecast down to of course the fact that fiscal stimulus in the us isn't going the way everyone expected because the trump administration seems preoccupied, to be frank, at the moment. let's take a look at china. it got a slight bump up. growth rates in 2017 expected to come in at 6.7%. next year at 6.4%. both figures are slightly higher than what the imf previously forecast. as we have been talking about over and over again, all the comes at a hefty price tag. the imf says beijing, in order to achieve the growth rates will be focussing on government spending. that might meana on government spending. that might mean a delay of much—needed financial reforms and more debt to its already ballooning debt pile. that's a massive problem for the chinese. the imf

how have they been doing in the uk? they have had problems in the uk with customer service. well—publicised problems with customer service have been going on a couple of years. there is a recovery under way. the changes they are making to improve the service for customers is getting noticed and things like the net promoter, whether vodafone get recommended to other people, is getting better so the turnaround is working. what about elsewhere? they have done quite well in southern europe with challenges in india, is that correct? yes, southern europe is looking good, they have seen a lot of revenue growth because the price has been going up. india is a lot more challenging, a new competitor has come into the marketplace which has come into the marketplace which has challenged the existing by almost giving away data and vodafone has struggled in particular. why strip —— weiss southern europe? the economy is not known for being strong. a couple of reasons. initially, they have successfully increased the amount consumers pay each month so the revenues have gone up. in spain

as i said very clearly to david, clarification of the uk position is indispensable for us the uk position is indispensable for us to negotiate, and for us to make sufficient progress on this financial dossier, which is inseparable from the other withdrawal dossiers. what we want, and we are working on this, is an orderly withdrawal for the united kingdom as decided. and an orderly withdrawal means that accounts must be settled. we now that that agreement will not be achieved through incremental steps. as soon as the united kingdom is ready to clarify the nature of its commitments, we will be prepared to discuss this with the british negotiators. o nto negotiators. onto ireland, we had the first discussion of the impact of brexit on two key objects, good friday agreement and the common travel area. we agreed that the important issue of the good friday agreement between ireland and the uk, in all its dimensional is, requires more detailed discussions. in particular, more work needs to be done to protect north south corporation between ireland and northern ireland —— cooperation. that co

routes if the uk doesn't do a deal with the eu overair uk doesn't do a deal with the eu over air routes. the world's leading oil producing countries are meeting in russia today. ministers from the organisation of petroleum exporting countries, as well as other oil producers, are discussing plans they put in place to deal with the current oversupply of oil. earlier this year they cut production in an effort to stop crude prices from falling. the retail sector on the ftse100 and the ftse 250 moved higher on possible merger news. b and m rose 2%. and asda is considering a £4.4 billion takeover bid. joining us for more analysis is simon derrick, a chief market strategist. let's start with airline stocks, are they down because of those comments from ryanair?” stocks, are they down because of those comments from ryanair? i think it is. it's interesting, they were very good results from ryanair, so it's interesting the guidance they we re it's interesting the guidance they were giving is so negative. you dig down a little bit, it really was a case of perhaps the results have been supported

is no coherent strategy or vision coming from the uk of what the uk, at a political level, wants the relationship to look like afterwards. the next round of talks is due to begin at the end of august. there are difficulties to come, most clearly over the eu insistence that the european court ofjustice should oversee the right of eu citizens in the uk. so far at least, that has been a red line for britain. on the thorny question of the divorce bill, michel barnier said an orderly exit required britain to settle its bill. david davis said britain recognised its rights and responsibilities. the other big sticking point when it comes to citizens rights is the role of the european court ofjustice. the eu side is saying that if you write a remain the same in the uk, then caselaw set out by the european court ofjustice should apply. and the could have jurisdiction. court ofjustice should apply. and the could havejurisdiction. the uk is saying, can you give us any exa m ples of is saying, can you give us any examples of a country be an outside court hasjurisdiction? examples of a country be

the uk trade deficit mr. speaker is growing at a time when we are negotiating the exit from the european union. the uk back saudi war in yemen continues to kill displays and injured thousands. with 300,000 cases of cholera. and on this man-made catastrophe. but worse mistress because the government continues to sell out to saudi arabia. one of the most oppressive and brutal regimes finances terrorism and is reaching humanitarian law. the courts may have ruled the government acted legally. it certainly is not acting ethically. mr. speaker, we on this side welcome cease-fire agreed between the us and russia in the southwest of syria.it is good news. did the prime minister play any role in those negotiations? glossy commit to work with them to expand the cease-fire so the rest of them - theus presidents attempted to pull out of the paris climate - of the g 20 leaders have been unequivocal with the us president. but not our prime minister.we did apparently not raised by literal but later raised it informally. i d

and the top story here in the uk. new figures show a 10 percent rise in recorded crimes in england and wales in the year to march. however, the national crime survey of victims suggests there were fewer offences overall. now on bbc news, all the latest business news live from singapore. asia stopover. the british foreign secretary visits japan to discuss trade and security ties ahead of that. and, superpowered profits. comic book companies are raking it in as franchises become more popular. welcome to the asia business report, borisjohnson is welcome to the asia business report, boris johnson is in japan welcome to the asia business report, borisjohnson is injapan today. he is therefore talks that are likely to be dominated by concerns about britain's departure from the european union. boris johnson visited this robotics centre in tokyo. he has been talking up the strong economic ties between the two countries, noting that japanese countries, noting that japanese countries have invested more than $15 billion in britai

i know the uk very well. i've been working with a lot of british ministers in the last 20 years — they are very fine negotiators, but they have the characteristics to negotiate in their own interest. we are going to negotiate for our own interest too. the european commission is negotiating brexit on behalf of all the eu's 27 countries. nobody wants to punish the uk for its choice, the british people for their choice, but one thing is clear — the show must go on. the european show will go on. even if there'll be some changes in the props department. i've been told all the flags of the eu are in this room. let's have a look. lithuania, latvia, ireland, italy — in alphabetical order, going that way. so where do i find our united kingdom? there it is. ironically, actually, since we're talking since we're talking about brexit, right next to the european union flag. i guess after the uk leaves the eu, this flag will be taken out of this cupboard. i don't know where it's going to go! the eu didn't know where i

so you are saying we should be expecting the uk to do better?‘ couple of trends are following the brexit vote and are coming through now. we saw in the first quarter numbers in the all—important service sector, which makes up 80% of the economy, that is where we saw a big slowdown in 01. i think that will continue into the current quarter as we see the effect of inflation on households, squeezing consumers. there are other areas that we will look out, and that is what is happening to business investment, now. as you pointed out already, business investment is not in decline, but it is the rate of change and growth that is important here. and i don't think we will seep particularly positive numbers here as that data comes through. as you said, the services sector is important, with 80% of our growth based on services. so that is a part that you are specifically be looking at, today? absolutely. it is what is there to be happening in the service sector. we have had some data recently suggesting that the manufacturing sector is doing well. we e

is no coherent strategy or vision coming from the uk of what the uk, ata coming from the uk of what the uk, at a political level, once the relationship to look like afterwards. the next round of talks is due to begin at the end of august. there are difficulties to come, most clearly over the eu insistence that the european court ofjustice should oversee the right ofjustice should oversee the right of eu citizens in the uk. so far at least, that has been a red line for britain. on the thorny question of the divorce bill, michel barnier said an orderly exit required britain to settle its bill. david davis said britain recognised its rights and responsibilities. in a moment, we'll be speaking to iain watson in westminster, but first to christian fraser in brussels. clearly, a number of sticking point as far as the eu is concerned. what are some of the real key areas of concern? i think anybody watching this would see that there is a warm relation between these two men, but a difference in tone. david davis upbeat today, saying they had looked at the key issues and found areas of agreem

there is no coherent strategy, no vision coming from the uk of what the uk, at a political level, want after brexit. do you think there is frustration that people that supported brexit because of the right huge opportunities outside of the eu but there is no coherent policy or strategy put forward yet? we have two possible slightly different divisions. both are plausible but you have to decide on one. one is we continue to maintain the current economic relationship with the eu— staying in the single market for at least an extended transitional period and maintain that economic relationship. that is one vision phillip hammond and it others share. the other is a clea n b rea k and it others share. the other is a clean break and then to pursue a new global britain agenda of rushing as quickly as we can to do trade with the us and so on. that is another vision but different people in government have different views and until we make that decision, it is ha rd to until we make that decision, it is hard to see how we go forward. until traders can be discussed, we have to have some decision

to the uk government to take on that. she reiterated the uk is committed to the paris climate agreement and she has told donald trump here in hamburg, she regrets his decision to leave the paris agreement. angela merkel said earlier, she did not share theresa may's optimism that donald trump may reverse his decision. 0n free trade, this is one of the most important issues in the context of brexit. she said she is a leading advocate of free trade and brexit offers exciting opportunities. to create those exciting opportunities once the eu has left the eu —— uk has left the eu and standing alone, you'll have to bilateral arrangements. she said while the 620 is committed to fighting protectionism, angela merkel acknowledges the role of bilateral deals within the context of free trade. and theresa may will have been glad to hear that. bilaterals will be crucial to brexit being a success. and interestingly, theresa may acknowledged that some, and i think she feels, globalisation has left some people behind. quite a lot of y

we started in 2014 in the uk when there we re started in 2014 in the uk when there were hardly any mobile ticketed roots and today we are nearly 50% andi roots and today we are nearly 50% and i hope by the end of next year, we're partnering with the industry, the real companies on the government so by the end of 2018, hopefully the full rail network in the uk will be eat ticketed. you are operating across europe and make inroads into asia. how do you collect up all those train lines, as trains crossed different borders, legal rules on cultural issues. what sort of challenges have you faced? cultural issues. what sort of challenges have you faced ?m cultural issues. what sort of challenges have you faced? it is complex and we are the leading global player in this at the moment. we have brought together nearly 90 different rail carriers into one app. there are 35,000 train stations in europe, competitive as airports, so it is a complexjob but we in europe, competitive as airports, so it is a complex job but we are making it easy for customers, easy to find the best price for your journey, e

if the uk can manage to retain the benefits, and the deal is signed and enforced by the time the uk leads, it could actually still apply to the uk, but that could be negotiation with the eu. i think it is in the uk's interests that this deal is enforced before it leaves the eu. what do you think the major hurdles go to be when it starts to ta ke hurdles go to be when it starts to take a fact? when will we see some backlash? with respect to automobiles, that is why you have that seven—year period. agriculture is or isa that seven—year period. agriculture is or is a sticking point. they have a lot of legal scrubbing to go through to make sure that they agree a deal that scrap some of the ta riffs a deal that scrap some of the tariffs in sensitive areas, such as pork and dairy. those are sticking points at the last minute. thank you very much forjoining us. good to hear your thoughts. to brazil, now. the country accounts for almost a fifth of the world's meat exports. but in march local police uncovered a bribery scheme, where health officials allegedly allowed tainted meat to reach supe

it will provide a boost to the uk car industry. at the moment, it will underpin employment of the mini. eight world speaking car, producing a mini per minute. it will underpin production at cowley and swindon. a good future for our members and the mini plant in the uk. a lot of people would say, they build the mini there already, it is not a big deal. but there have been concerned about losing this in recent months? there have been patient discussions with bmw behind the scenes. we build the mini, but the electric vehicle, the mini, but the electric vehicle, the fully electric vehicle, it is not the only company that are looking to produce electric vehicles. we are encouraging the manufacturers to build here in the uk. we have a world beating car industry, and workforce. we want to build not just the industry, and workforce. we want to build notjust the cars and the panels, but also eventually the engines and infrastructure. what is the significance with the wider picture after brexit of our position within europe for the wider car

it has been one of the red line of the uk position. other parts have been red lined but i think that is an important one for the uk, and it defend on them how much they are prepared to actually let this go.“ there a feeling there is a lack of direction from the uk government at this stage? we are split, we are hearing within the cabinet, as to the direction of policy regarding brexit. that is the impression that we get, they get here, the uk hasn‘t been revealing in terms of what it wa nts to been revealing in terms of what it wants to akiev and how quickly i would agree a bit more forth coming from the british position would be very welcome here. when you say more forthcoming, what do you think those negotiators want to see, do they wa nt negotiators want to see, do they want a concrete road map going forward ? want a concrete road map going forward? well, if you ask me what i would like to see, i would like to see the divorce bill being settled as quickly as possible. this is not the most important part of the brexit negotiations

however for a donations from within the uk. howeverfor a small donations from within the uk. however for a small group, they do rely on overseas funding, but a small group. james mentioned some of the people who aren't happy. @carolinelucas caroline lucas, green party: "govt refuse to publish review into funding of extremism + try to fob us off with vague statement. not good enough". if she wants though, she can read it — mps can read the document as long as they don't reveal what's in it. uk home secretary is promising action on financial transparency. here's james landale again. exposing a bit more of what these groups do. a lot of them call themselves charities, they are charities. wide definition of what the charity is. explain to the public, do you know this is what they are involved in? get transparency of the financial services sector, which supports groups, allowing them to set up financial instruments to setup this. crucially the interesting bit, the government says it will ensure charities are regulated. all charities are regulated. all charities are regulated. al

uk nationals living in the eu. there is still a huge gulf over any post—brexit role for the european court ofjustice. neither side minimises that divide. let‘s take a look at the timeline for the next divorce negotiations. three rounds of brexit talks are scheduled for august, september and october. then in late october, at a summit in brussels, eu leaders will assess progress. the eu side says it‘s only after theyjudge enough progress has been made that they will then allow formal discussion to begin on britain‘s post—brexit relations with the eu, including, crucially, trade. the reality in all of this is there is no precedent to rely on so expect little or no clarity until everything is finally settled, assuming that‘s even possible. james robbins there. our europe editor katya adler is in brussels. david davis says there‘s lots to be positive about after the talks. michel barnier is a bit more cautious. where does the truth lie, do you think? we have to take a deep breath and realise we‘re just a

airspace orfrom more planes at edging into uk airspace or from uk more planes at edging into uk airspace orfrom uk airspace is about coping with more planes and it means more delays and more infrastructure is needed. being in a british airport right now is no fun. idid not british airport right now is no fun. i did not choose to travel today which is why. now a moon dust bag has landed one woman in chicago $1.8 million. she bought it for $995 on a us government website, tell us about this. this is a bag of space dust they came back with neil armstrong from the lending in 1969, it is sold for a lot more money than expect did, someone has done very well and is now hiding it somewhere in their closet! would you keep it or sell it? sell it! what are you keeping it in your closet for? paul, thank you very much. with more in a few moments. ——a quick more. —— back with more. hello, once again. a number of schools have just started their long summer break but i'm afraid right on cue we have low pressure bringing disturbed weather rather than the big area of high—pressure settling thing

us firms employ over1 million people in the uk and uk firms employ over a million americans here. us companies are investing in the uk, seeing a familiar environment based on fundamentals that allows businesses to forest. attra cted fundamentals that allows businesses to forest. attracted by our low tax, universities would sit alongside their american counterparts in global top ten lists, a cutting edge research environment and an ability to operate in the global time zone. these fundamentals will not change and the uk will always be open for business. the importance of this is embodied in the fact that one year ago by department for international trade was founded to promote britain's investments abroad, attract inward investment and protect our closest trading arrangements. our task is to build a britain that strengthens our commercial ties with friends and allies across the world, utilising britain's newly independent trade policy to create new opportunities for british businesses, give this will not come at the expense of our european partners. britain wants the eu to succeed.

the uk should clarify... one... clarification. ..two... ..three, the eu's visibly exasperated chief brexit negotiator called a total of eight times here in english and french for clarification of the uk's brexit vision. without that, he said, negotiations could not progress. david davis was more sanguine. clearly there's a lot left to talk about and further work before we can resolve this. ultimately getting to a solution will require flexibility from both sides. what about concessions from the eu side? where will the eu show some give, perhaps as a trust—making exercise, isn't there any wiggle room? translation: negotiations have only just started. of course there are compromises to be made but it is too early to talk about them. we are not there yet. week two of brexit talks have now ended with no major breakthrough on some of the thorniest issues. the uk's so—called brexit bill, and the rights of eu citizens in the uk, and british expats in the eu. key sticking points there, the uk wants to check the criminal

what other problems are uk exporters and uk manufacturers coming up against?” think at the moment the environment looks pretty healthy because we have seen that recovery in demand. we have a bit of a cyclical upswing happening and old parts of the world essentially some markets in china to the united states are looking quite healthy because demand is looking a bit rosier. but we don't want that to conceal some of those more structural challenges which a number of economists have identified under the surface. that mightjust be problems chipping away at market access in terms of things like by american policies. things that start to exclude uk businesses from some exporting opportunities. around 1.3 million citizens of the ‘eu8‘ countries of poland, lithuania, czech republic, hungary, slovakia, slovenia, estonia and latvia lived in the uk over the period of 2013 to 2015. during the same period only 14,000 people from the uk lived in those countries. these are the latest figures from the office for national statistics who are monitoring eu and uk migration. sh

that was video footage of clouds moving across the uk. the rain falling in any one location, hence a lot of rain fell in some areas of the south—west and wales. here is 7pm, you can see it's nudging into southampton, into the far west of the midlands, then moving through wales and nudging into merseyside. many areas clearly enjoying some dry weather this evening and i think pleasa nt weather this evening and i think pleasant across northern scotland and some of these eastern counties. it's going to stay dry and overnight you might get rain. not raining all the time and everywhere. overnight there is big gaps of clear weather, certainly across wales and the midlands, scotland and the trouble is that the low pressure, if you don't like unsettled weather, the trouble is it's here through saturday and into sunday, as well. and while it's not going to be raining all the time, the weather will be changeable for many of us from hour to hour. you can see lots of showers here across southern and central parts of the uk, northern england and sout

and it's not one that can be sold just by the uk and europe. it requires input from regulators around the world. by some estimates, that work could take 18 months to make sure that we can keep flying after departure from the eu. and that's even if we stay part of the european safety body. the clock is most definitely ticking. the head of america's federal aviation administration said injune that discussions with the uk government had started, but he added they were complicated and time—consuming by their very nature. and he warned... it is important to keep these time constraints in mind and to not get sidetracked into an uncomfortable situation in which a missed deadline results in an interruption of service. sticking with the european regulator should make these conversations simpler, but staying a member of the european safety agency. may not fly politically. the main issue is the financial contribution that would still need to be made within and into a european establishment. it is also the issue of oversight of the outer framework and th

and the uk will always be open for business. but some economists say the uk would have to pay the price to get a deal. they warn: it may have to water down some of its current standards on gm foods or laws governing how financial services companies operate in the uk. so, brexit has been the dominant story in the uk ever since last year's referendum decision to leave the european union. and while the process of departing has begun, such are the complexities, some are still asking whether the uk will actually leave. working with the bbc reality check team, ros atkins asks is brexit inevitable? bear with me, everyone. whether you wa nt bear with me, everyone. whether you want britain to leave the eu or not, let's consider if brexit is inevitable. yes, the brexit talks have begun but sincejune, the shock election result, it's a question some people are asking. i'm beginning to think you know that brexit may never happen. of of course the door remains open, until the brexit negotiations come to an end. the german finance minister sai

also a uk market. if you're just going to manufacture from the uk market that is not a bad deal at all, so perhaps they can afford to do this regardless of the kind of tariffs that can be paid if they are going to be exporting the cars out of the uk. many thanks. joining us now is david bailey, professor of industry at aston university. are you as sanguine as of the rail seems to be about this? it is certainly good news and an indication of the way the industry is going and we will see many more electric cars in future. i don't think it tells us that much about brexit. as we heard, this is an adaptation of an existing card. the production line is already there and a very skilled workforce and it didn't make sense to build a whole new production line somewhere else. the big issue will come when the next generation of mini is built, and if that is continued uncertainty about trading relationship with brexit bid is no guarantee investment will come to the uk. did the suggestion, and a big suggestion at th

is no coherent strategy or vision coming from the uk of what the uk, at a political level, once the relationship to look like afterwards. the next round of talks is due to begin at the end of august. there are difficulties to come, most clearly over the eu insistence that the european court ofjustice should oversee the right of eu citizens in the uk. so far at least, that has been a red line for britain. on the thorny question of the divorce bill, michel barnier said an orderly exit required britain to settle its bill. david davis said britain recognised its rights and responsibilities. christian fraser is in brussels for us christian fraser is in brussels for us and can tell us what is really going on. they are having lunch this afternoon. they have gone to the residents of the uk ambassador. they are having welsh lamb and scottish scallops. i'm not sure whether it will be french wine or a english sparkling wine. on the issue of the two men, what you think? the car they get on, but at these press conferences they get on, but at these press c0 nfe re nces you they get on, but at the

nats, which manages uk airspace, is half owned by government and controls air traffic across the uk. they're expecting more than 770,000 flights to cross our skies this summer. that's 40,000 more than last year. air traffic bosses say they can safely manage the busier skies but warn passengers of a future risk of regular delays if major changes aren't made to how uk airspace is managed. they want traditional flight paths changed, with more satellite navigation used instead of ground—based radio beacons, to allow aircraft to climb, cruise, and descend more efficiently. the department of transport consulted on changing the way our skies are managed earlier in the year but they're yet to make an announcement. and it's notjust our skies that will be busier today, the rac is predicting this weekend our roads will see their busiest weekend of the summer. tolls on the severn bridges linking england with wales are to be abolished for all vehicles by the end of next year. a study commissioned by the welsh government suggested the removal of tolls would boost the welsh economy by £100 milli

, and they will be shipped to the uk, and a good part of the many is that i made here in the uk will be made available for export. fraction less trade arrangements and supply chains are important. it is a boat of confidence on the part of bmw to commit to reducing its many here in the united kingdom. it also increases the pressure on eu negotiators and uk negotiators at the beginning of this brexit process to come to some kind of arrangement. it is interesting in the timing, 2019, that is when we are meant to leave the eu. car-makers, who could be worst affected by bad trade arrangements between the eu and the uk, have been remarkably quiet. they seem uk, have been remarkably quiet. they seem to be quite optimistic. maybe they know something we do not. ultimately it is in the interests of both sides to come to some kind of arrangement. it is optimistic in the extreme for any kind of trade agreement to play out by 2019. it is inevitable we will get a transitional relationship. we do not have the time window in which to come up with any more than that. president trump won't like this.

we are still paying fines forjoint eu— uk initiatives. we are still paying fines forjoint eu- uk initiatives. there are many factors. we will simply, as things stand, not be ready to leave the single market in 2019. we onlyjust started the negotiations on one element of the divorce, we are one year after the referendum and three months from article 50. it would be astonishing if any government could achieve that complicated deal. so, yes, we will continue paying. we agreed to a multi annual financial framework going through to 2020, with the bills coming after that, and then there is the element of needing to stay within the single market. that may disappoint people in the conservative party, not least, and other people as well, if the uk is not out by march, 2019, completely. revenue streams. in that film, one of the contributors said i don't want new taxes, new revenue streams, will that be unpopular with the parliament? i think there is real resistance to that sort of move where the european union can directly start to impose taxation. however, this is also a part of the ongoing debate in

it wants a deal with the uk. after all, if the uk economy nosedives, that has a big impact on the rest of europe. but brussels insists it won't do a deal at any price. when the eu thinks about brexit, it wants to do everything to protect the european single market. it's the biggest trade area in the whole world. right now made up of half a billion potential customers. the thing is, it's notjust about goods and trade, it's about the free movement of people as well. and so when uk politicians say they want full control over immigration but they want to retain the full benefits of the european single market, brussels says that's pie in the sky. a taste of things to come then — an eu no to compromise when it comes to its rules and principles. but is that realistic? isn't it true that the eu has all the cards? what you're saying is that our european partners would treat us as international pariahs, not want our business, not want our markets, not want our money. the people that would hurt most would be german car ma

100%, donald trump loves the uk. do you want a trade deal with the uk? you don't answer the questions? do you want a great trade deal? of course we do. think about the special relationship since the inception of this nation, there was a group of rich guys who said, we will break away from the other country and start our own, this was a disruptive start—up and a president is bringing it back to its roots of disruption. we will disrupt... powders that making concessions with the uk mean? will you meet us halfway? i don't think so, he is about being fair and equal with trade, he wanted to be reciprocal and there is historical context, coming out of world war ii, the us but in the marshall plan and working with the state and treachery, we have the trade deals to align goods and services to flow freely into the us and accepted some level of viral activity to grow those middle—class groups. last question, in the job for less than one week, give us some sense of how it feels being at the centre of the white house? i am having a lot of fun, i love my country

that there is no coherent strategy or vision coming from the uk of what the uk, at a political level, wants the relationship to look like after brexit. the next round of talks is due to begin at the end of august. there are difficulties to come, most clearly over the eu insistence that the european court ofjustice should oversee the rights of eu citizens in the uk. so far at least, that has been a red line for britain. on the thorny question of the divorce bill, michel barnier said an orderly exit required britain to settle its bill. mr davis said britain recognised its rights and responsibilities. andy morgan bbc news. meanwhile the international trade secretary, liam fox, has suggested that getting out of the european union and freeing britain to negotiate new trade deals with the rest of the world — could take a further two years after the official date of exit in march 2019. dr fox was speaking to the bbc during a visit to the world trade organisation in geneva. we are going to leave in march 2019. icampaigned to i campaigned to leave the european union, i believe it is the rig

do you think will make it difficult for the uk, these negotiations? the dynamics are there, for the uk to find itself in a situation that while europe is still trying to figure out quite what direction it wa nts to ta ke figure out quite what direction it wants to take itself, that will have a direct bearing on negotiations it has with us. one of the criticisms we get from europe, we don't quite know whether we can negotiate with the british government, how stable are you? it applies the other way, in terms of vision for europe, they themselves are not entirely clear. the other factor do bear in themselves are not entirely clear. the otherfactor do bear in mind when it comes to emmanuel macron is this, he is a man who has fought one election in his lifetime. that is to become president of france. he is yet to face the hard realities of political dynamics in france, let alone at a european level. what do you think about some of the other smaller member of the eu, will it be a two tier it you imagine? there is a two tier it you imagine? there is a resis

the uk from 2% to 1.7% -- imf. good for annual growth for the uk from 2% to 1.7% —— imf. good news for borrowers, people with a mortgage, not so good for savers looking for a better return. we can get more on this now with darren morgan from the office for national statistics. he's in our studio in newport. is this figure roughly in line with your expectations? good morning. we looked at the consensus forecast around the uk. most of them for getting around 0.3%. the official estimate is broadly in line with the consensus. what do you see as the driving factors? we were hearing from ben about the service sector in particular. services did dominate the growth between april and june. within services, the two biggest where retail after a slightly disappointing start of the year, recovering somewhat. what helps retail was the good weather injune on the high street. sunny weather helped boost the sales. the second was motion picture and distribution. they had a bumper quarter. blockbuster releases such as guardian of

the us is the number one destination for uk investment. thousands of firms have a presence in the us, from car companies to financial services. us firms employing more than 1 financial services. us firms employing more than1 million people in the united kingdom, and the same of americans here. us companies are investing in the uk, seeing a familiar environment built on economic fundamentals which allow businesses to flourish. they build universities which sit alongside there are american counterparts. a cutting—edge research environment and the ability to operate perfectly for global trading. these fundamentals are more to change, the uk will always be open for business. that‘s a summary of the news, newsday is coming up at midnight — now on bbc news it‘s time for newsnight with evan davis in london and emily maitlis in washington. tonight, the president‘s son—in—law tells the press he‘s done nothing wrong. we hear from jared kushner, as he‘s called to give evidence on collusion with russia. let me be very clear — i did

this us— uk group they are setting up this us— uk group they are setting up to look at these issues, that could help smooth the way?” up to look at these issues, that could help smooth the way? i think so. could help smooth the way? i think so. and we welcome that. contributions from a broad range of stakeholders, businesses, civil society groups can all contribute to creating a sense of imagination, looking at trade in new and different ways and bringing more people into it and thinking about what citizens might think about some of these things as well. when you think about those who have a stake in this, they will be excited about it because there are plenty of upsides there but one thing in their minds is will this all collapse? public procurement and their involvement in our free national health service. and the other issue, chlorinated chicken and hormone reared beef. this two issues are the issues we saw in the eu issues as well. interest here as well and consumers who have views on the science base. there are issues there. but i think there is an opportunity, given that we m

wa nt uk australian trade deal which also wantan uk australian trade deal which also want an earlier agreement with the eu. i quickly do you think you could get a deal with britain than once we leave ? get a deal with britain than once we leave? alas the second one. as soon as possible. we move quickly. as a fleet of foot. we do not map around. —— australians are fleet of foot and do not bark around. —— muck around. we will move as soon as britain is lawfully a ble we will move as soon as britain is lawfully able to enter a free—trade agreement and we lawfully able to enter a free—trade agreementand we are lawfully able to enter a free—trade agreement and we are working to move fa st agreement and we are working to move fast and hard to get a free—trade agreement with the eu and i discussed with donald tourist and jean—claude yunker. —— tusk and juncker. i also discussed this with angela merkel. we want to get this done before britain leaves the eu. it is key to our continued run of economic success. and on that point as well, while we remain a member of the eu

most of the showers will be to the north—west of the uk. for the rest of england and wales to begin with, some dry, sunny weather. some outbreaks of rain developing, pushing into wales as the afternoon goes on, some heavy bursts for the wet end of the day and temperatures for many of us know better. for the cricket tomorrow, the threat of rain is more likely later in the day. it depends how long play goes on for. cloud increasing ahead of that. we are watching this weather system, extending some uncertainty about the timing of this. some uncertainty about the northern limit of that rain. for many of us in england and wales, wet evening. this is how the weekend is shaping up, low—pressure very much close by. on saturday, still some showers around a specialist in northern ireland and western scotland. some outbreaks of rain in the far and south—east. in between the two, some dry weather at times. on sunday, showers again rattling from west to east across the uk. for most of us, temperatures in the teams. the weekend will be on the cool si

she is the uk -- the uk and oppose brexit period. she is the uk —— the uk supreme court will have to determine what a way to give the judgments from the european court of justice. we know what a hot issue the relationship between the uk and the relationship between the uk and the european court ofjustice is. there are issues arising out of what has become to be known as the great repeal bill, could end up in this place. the eyes of the press will be trained on the supreme court during this period and it will be a very challenging time for her. but she is well equipped to deal with it. she is well qualified, she was the first woman to become a law lord, first woman to become a law lord, first woman to become a law lord, first woman to become a justice of the supreme court. she has a brilliant academic career as a family lawyer. she was on the law commission and herjudgments here she was on the law commission and her judgments here have she was on the law commission and herjudgments here have been very powerful. indeed, she has had

, or more precisely within the uk government. it's about a potential transitional arrangement, the day we leave the eu — how long does the transition need to be and what exactly happens in it? it's becoming the central divisive question in the conservative party on how brexit should proceed. our political editor, nick watt is with me. nick, let's just start on the negotiations with the eu first, the ones today. how are they progressing? today was round two of the brexit divorce talks in brussels between david davis, as you see there, and michel barnier, the eu's chief negotiator. supporters of the brexit secretary said the talks went much better than expected on two of the key areas, progress on the rights of eu citizens and on northern ireland. the big difficulty is the money. the uk's made clear there is absolutely no way it's going to pay the £100 billion euros that has been mentioned in brussels. i spoke to a senior source who said that if the uk was able to say it reduced that figure by say around two thirds, then it may

once the uk is outside the eu? britain and spain have shared interests, for example, both members of nato, both worried about the immigration crisis in the mediterranean. lots of issues they do share. neither of them will entirely control the way brexit negotiations will unfold in the way other issues such as gibraltar that come into play in a way that really is to the disadvantage of the bilateral relationship. thank you. the parents of the terminally ill baby charlie gard will return to the high court tomorrow as their legal battle to allow him to be given an experimental treatment abroad continues. at the centre of that case is the question — who decides what is in the best interests of a desperately ill child — his parents or doctors, and how far you should go to maintain life? in a completely separate case branwenjeffreys has been speaking to the mother of a seriously ill 10—year—old girl who is facing an agonising dilemma. she contacted the bbc because she wanted to tell her story. for ten years, juli

the uk's so—called brexit bill, and the rights of eu citizens in the uk, and british expats in the eu. key sticking points there, the uk wants to check the criminal record of all eu citizens wanting to stay, while the eu says uk expats would lose the right to move to other eu countries. there has been modest progress. this is a joint eu—uk paper on citizens' rights, colour—coded to show areas of agreement and disagreement. not every negotiating session can end in harmony but the uk is under time pressure to move on from divorce issues like this to talk of the future with the eu, our biggest trading partner. the uk's trade secretary was in geneva today to talk about global opportunities, but he admitted an inbetween stage may be needed after brexit to ease the uk into its new future. it won't happen overnight. frankly, i have been waiting to leave the european union for a very long time. another two years, say, wouldn't be too much to ask. brussels is still hearing all sorts of voices in britain's brexit debate. the eu waits impatiently for that clarity while there is still time to

just six months ago, the uk government had plans the uk government had planned to reduce the tolls, retaining funding to pay for the maintenance of the bridges. so who will pay for that now? well, that will come from general taxation. of course, we're going to work with the highways agency, we'll work with the welsh government, but ultimately, this is the uk taxpayer that's looking after an important part of infrastructure. it's a strategic piece of infrastructure that binds wales and england together. congestion and slow—moving traffic costs businesses dearly. infrastructure in south wales is currently under review. the uk government has accused ministers in cardiff of dragging their feet over plans for a new motorway. but it was only yesterday that the uk transport secretary announced that rail electrification from cardiff to swansea had been shelved. removing these barriers is designed to keep the welsh economy moving forwards, but there are concerns that without further infrastructure changes, there could be gridlock to come. sian lloyd, bbc news, on the severn crossing. more than 80,00

a conservative had totted up what the uk had paid so far. we will have given the eu and its predecessors in today's money in real terms a total of £209 billion. will the foreign secretary make it clear to the eu that if they want a penny piece more that they can go whistle. i'm sure that my honourable friend's words will have broken like a thunderclap over brussels and they will pay attention to what he has said and he makes a very valid point. i think that the sums that i have seen that they propose to demand from this country seem to me to be extortionate and i think that go whistle is an entirely appropriate expression. a suggestion laughed off by the brexit secretary when he appeared in front of a lords committee. you'll have to get the foreign secretary here to explain his views, i'm not going to comment on other ministers. but you will see two levels of knowledge when you go to our continental partners. you will see a level of knowledge in brussels in which frankly, i think they take a lot, they read a lot of british newspapers, you a

uk-u.s. defense cooperation. speak into that. >> aso and also potential in the indian ocean took also curious about if you could comment on uk india defense cooperation at the potential for that going forward take in a time and air domains. thank you. >> thank you. i think will take to my questions have been a come back around for a second round. right in the back. thank you. >> i'm tyler with at&t. with the increase in cyber attack and with military presence across the world, can you for the discussed uk strategy how to increase communication networks? >> i want to make sure i understand. >> strategy and -- >> the bridge strategy on cyber? >> yes. >> is there more specific on offensive capabilities? >> more defensive. >> thank you. there is one more. the gentleman behind and a promise i'll get to the next round. >> i'm david smith. secretary tillerson says in the meeting today between president trump and putin that president trump did press a couple of times, several times on the issue of ru

trump's commitment to this trade dealwith the uk? let's trump's commitment to this trade deal with the uk? let's remind ourselves that president trump described brexit as a beautiful thing. he said it was an inspiration to his own campaign to be elected as president of the us. so perhaps no surprise that he was so willing to meet the needs of downing street for a positive, positive restatements to now prime minister in theresa may that america is intending to press ahead with a uk trade deal to take the place of the multilateral agreements existing within the eu framework. that is as soon as britain leaves the eu. but of course this is a statement and getting that as an agreed deal could be more difficult. and what of other issues on the agenda, what impact is donald trump having on those?” on the agenda, what impact is donald trump having on those? i think drug this summer donald trump is central frankly to the deadlocks and divisions of this summit. they're not reconciled on climate change, something that theresa may raised with

europe is obliged to recognise and accept that the uk 0ts are a part of the uk. once the uk is no longer a member state, nor a signatory to the treaty of rome, the same obligations do not apply and we may well lose the support of the rest of europe, and may well see spain and possibly other members of europe giving greater support to argentina over its mistaken and illegal claim to the falkland islands. there are concerns, too, in pitcairns — the uk's smallest overseas territory. we would, ideally, likely be in a position where we are no worse off than we would have been had we stayed in the eu. we have a very small trade in honey. we have one of the purest honeys in the world, europe is one of our biggest markets. and what will be the impact, it has to be tested each year for us to be on the eu list, will we be still be allowed to do that? it's not significant in terms of quantum, it's only 25,000 units a year, which is the maximum we can produce given the size of our island. but not being able to ship that to europe would certainly have significant consequenc