simonjack, bbc news, scunthorpe. well, joining me in the studio now isjo michell, who's an associate professor of economics at the university of the west of england. why british deal? the operation in the uk isn't the most economic. what is jingye trying the uk isn't the most economic. what isjingye trying to get out of this? they already have a steel industry. 0n the face of it, the reason for the purchase as the products made in scunthorpe are different than the ones made in china. they produce longer, reduced shipping. so on the face of it is about portfolio, but i also think it is about expansion into international markets, higher value added products and technology. soi value added products and technology. so i think there is a short run and long—run picture. so i think there is a short run and long-run picture. we have had concerns in the past of china dumping cheap steel on markets. with a chinese company now buying british deal, what does that mean in terms of competition? it shows that the chinese buyer th

simonjack, bbc news, scunthorpe. the headlines on bbc news: nigel farage gives in to pressure from fellow brexiteers and says his brexit party will not stand in tory held seats a chinese firm confirms a rescue deal for british steel, safeguarding four thousand jobs in scunthorpe and teeside. more rain forecast in areas of england already been hit by flooding. five severe flood warnings — meaning a threat to life — are still in place. britain's economy has grown at the slowest annual rate in almost a decade according to official figures but has avoided going into recession. gdp which measures all goods and services produced increased by 0.3 per cent between july and september slightly below market expectations. 0ur economics editor faisal islam has the details. at this warehouse for a top tyre fitter in peterborough, business remains resilient, even as the impact of a world of economic uncertainty can be felt. like the economy generally, the consumer is holding up, but fears around supply disruption and price rise

if we look online again you can see scunthorpe in the north—east of england, which is the main british steel plan. and you can see in this image herejust how large the british steel site is next to the british steel site is next to the town of scunthorpe. it is the main employer. you know, if you go to, say, pennsylvania, in the us, which is big with steel, these things are the main employers. in the 1960s and 1950s they made those places to be roaring. it was the backbone of the community. now it has all changed. the one thing eye would say, you know, beware of promises made because sometimes things change. will keep an eye for sure. you very much. cornellius back later for the news sure. you very much. cornellius back laterfor the news briefing. we have more to discuss them. —— core nearly the leader of spain's socialist party says he will call all other party leaders on monday to get them to tackle the political stalemate after the country's fourth election in four years again delivered a hung parliament. pedro sanchez‘s party will remain the largest — just as in april's pol

colletta smith in scunthorpe, in scunthorpe. colletta smith in scu nthorpe, thank you in scunthorpe. colletta smith in scunthorpe, thank you very much. the uk economy recovered in the third quarter of the year, growing by 0.3% to reverse a contraction earlier in the year. but the growth was modest and the figures showed economy has slowed to its lowest rate in almost a decade. here's our economics correspondent andy verity. in peterborough, this is the biggest tyre distribution centre in the country. it is the sort of service business which does well when consumers are not ready to invest in a new car but are ready to buy new tires to keep the old motor going. in the third quarter of the year, that pattern was repeated across the economy. business in services picking up but weak investment not helped by brexit uncertainty. picking up but weak investment not helped by brexit uncertaintym makes it difficult to plan for the future in terms of our cost base and what selling price we need to make the money that the company needs to r

the move will protect 4,000 jobs at its scunthorpe and teesside plants, and up to 20,000 in the supply chain. an raf helicopter and army engineers are sent in to help in yorkshire with more flooding expected this week. today we have rain moving from the west towards the east. that will clear and then heavy blustery showers with sunshine in between. the weather this week remains u nsettled.

simonjack, bbc news, scunthorpe. the british founder of an organisation that trained the syrian white helmets emergency response group has been found dead in istanbul. turkish authorities have launched an investigation afterjames le mesurier‘s body was discovered beneath his apartment‘s balcony. the white helmets are a volunteer group set up to rescue civilians caught up in the syrian civil war and are credited with saving thousands of lives. mr le mesurier — a former british army officer — received an 0be in 2016 for his work. more heavy rain is expected in parts of yorkshire and the midlands which are already flooded. the environment agency says 43 flood warnings are in place across the country, including five severe warnings on the river don in south yorkshire. doncaster council says it‘s concerned that some residents in the village of fishlake are refusing to leave their properties despite extensive flooding. 0ur correspondent dan johnson reports. 0n the low flat lands is to have doncaster, fishlake 0n

scunthorpe makes a third of the steel that the uk makes. it's massively significant, it's critical notjust to that area, as you say, but also actually to the whole of the manufacturing sector in the uk, i believe — and ultimately to the uk economy. so, the government could not let this go out of business. jingye is a powerful company with more than 23,000 employees and annual sales worth £10 billion. it says it'll now invest £1.2 billion in upgrading british steel's facilities, but people within the industry say more needs to be done to help the sector by cutting energy costs and business rates, for example. otherwise, they say, for british steel, this could end up being just another false dawn. theo leggett, bbc news. colletta smith is at the british steel plant in scu nthorpe. we heard from some workers but there must be a huge relief there, just before christmas, but it looks like theirjobs are going to be safeguarded. yes, after six months of free and uncertainty for the staff and of course their families and friends in this area, t

simonjack, bbc news, scunthorpe. britain's economy has grown at the slowest annual rate in almost a decade, according to official figures, but has avoided going into recession. gdp, which measures all goods and services produced, increased by 0.3% between july and september, slightly below market expectations. our economics editor, faisal islam, has the details. at this warehouse for a top tyre fitter in peterborough, business remains resilient, even as the impact of a world of economic uncertainty can be felt. like the economy generally, the consumer is holding up, but fears around supply disruption and price rises linked to brexit have held back investment. a lot of the supply into our business comes from europe or further afield, so the strength of the pounds important to us in terms of how we can give a good—value price to the customers, and that's certainly something that's putting pressure on us at the moment. the last quarter's figures showing the economy shrinking by 0.2% between april and june brought fear

british steel — as a chinese manufacturer is set to buy the company — safeguarding jobs at plants in scunthorpe and teesside. more misery forecast, as rain is set to hit parts of yorkshire and the midlands already suffering from the effects of flooding. coming up on afternoon live all the sport — sarah.