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

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

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 in the north—east. they are good highly paid and highly skilled job each of which supports at least another two jobs locally. we have to see this through to the conclusion. we are talking about families, middle of november and thinking about christmas, after months of worry, what does an announcement like this do? it feels everyone with confidence. we are not done yet and we need to keep our eye on the ball and see it through to the conclusion whatever government is in power but it will give everyone a huge boost. we know jingye are serious and we look forward to working with them to make sure we get the right outcome for the people of scunthorpe and the community is related to british steel and the uk economy because it isa steel and the uk economy because it is a strategic business. a quick word on what the government have done because it is their action that perhaps ease this through, isn't it? that is right. the learnt lessons from 2015 when ssi went into liquidation, that did not have to happen and

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. 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

the majority of them in scunthorpe. of dish steel. the majority of them in scu nthorpe. what of dish steel. the majority of them in scunthorpe. what is significant is this 20,000 extra jobs in the supply chain. that of the smaller suppliers who work with these plans. those jobs are significant as well. jianye group, a chinese firm, thousands of employees around the world is a significant business and their investment will be valuable. the company is worth more than or in almost £4.5 billion. they have said there is a lot of work still to do it british steel. they want to increase production to make it more viable, they want to move about 3 million tons and that would make it commercially more interesting and attractive. nonetheless, there is a challenge to do that because already we know there is a lot of criticism that steel is being dumped from china on the european market and president trump in the united states very angry with what he sees as dumping in the us market. so it is a difficult business to make work and

importa ntly, the deal secures the future of 4,000 jobs at the firm's plants in scunthorpe and teesside in northern england. and on top of that, a further 20,000 will be saved across the supply chain. but who is the new owner? we know surprisingly little aboutjingye — it has 23,500 employees and boasts £41; billion in assets across steel and iron making, and in tourism and real estate. and this is from the promotional video on their website. we are joined now by our economics correspondent andrew walker. they say wisdom, what's the wisdom in this? it's not entirely clear. it isa in this? it's not entirely clear. it is a relatively high cost operation by global standards, in particular by global standards, in particular by chinese standards. it might be there's a couple of areas where it seems, you indicated how little we know, but it seems there's a couple of areas where they aren't producing the goods that british steel produce, in particular railway lines and long products which is the big steel girders used in construction. there may be some benefit there, there may also be some s

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 has around a500 employees at its scunthorpe and teesside sites with a further 20,000 people working in the supply chain. many of whom have rallied to save the firm. i feelthe many of whom have rallied to save the firm. i feel the steelworks is the firm. i feel the steelworks is the life of the town. basically, it's the heart of the town and if the heart stops beating, services, retail, everything else around it will be affected massively. jingye group says it plans to up the production but also cut costs, so although the news brings hope for those working for british steel, uncertainty overjobs continues. james dunn, bbc news. well, as employees arrived for work this morning they were asked for their reaction to the news. yeah, the majority has been told. we've been told by managers and stuff like that, yeah. everyone's happy, like, because obviously we're still in a job. it's been a big concern, nobody knowing what's going to be happening, if they've got a job, pay their mortgages, feed their families. it's great news. how much of a worry has it been? yeah, it has been. you

chinese firm confirms a rescue deal for british steel — buying it for 70 million and saving 4000 jobs in scunthorpe and teesside. it has been a big concern, nobody knowing what would happen and whether they would have a job to pay their

scunthorpe and lincolnshire, are completely flooded. there is a big holler, a dip in the line here. that is filled with water. very, severe travel disruption if you are intending to go by rail. the answer today, if you are travelling in this direction, don't. check. there are a lot of warnings out there on social media, and local radio. listen to those in terms of road closures, travel disruption to rail and buses. this will take some time to clear. 0bviously everyone is nervously looking the sky wondering whether there will be further rain. the a nswer to there will be further rain. the answer to that question, for the moment in this part of the world, not severe. there may be showers but there is further rain threatening in there is further rain threatening in the west. the risk isn't over, although i must say enclosing that the evacuation the red alert in this area and along this stretch of the river don, has been lifted in the last hour. robert hall. we can talk to robert cramp, who was stranded in chesterfield yesterday because of

chinese firm confirms a rescue deal for british steel — buying it for 70 million and saving 4000 jobs in scunthorpe and teesside. it has been a big concern, nobody knowing what would happen and whether they would have a job to pay their mortgage. finally something positive. it's good. there are 42 flood warnings still in place in the north of england. ministers will hold an emergency meeting tomorrow as locals underline the scale of the crisis. a state of emergency has been declared in new south wales and queensland as bushfires continue to burn, posing what authorities say, is a "catastrophic" threat. families in england will benefit from two cannabis—based medicines approved for the nhs — but others say they still won't get what they need. hello and welcome to our look ahead to what the papers will be bringing us tomorrow. with me are asa bennett, the brexit commissioning editor at the telegraph, and sienna rodgers, who's the editor of labourlist. many of tomorrow's front pages are already in. the financial times says borisjohnson has been given a boost after nigel farage‘s announcement tha

the £70 million agreement will secure the future of the firm's flagship scunthorpe plant, but there's a warning that costs may have to be cut. british steel has been kept running by the government since may, when the company went into liquidation. two cannabis—based medicines to treat epilepsy and multiple sclerosis have been approved for use on the nhs. it follows new guidelines from the drugs advisory body, nice. the move has largely been welcomed by medical charities, but some parents who pay thousands of pounds for cannabis medicines say they're unhappy that those products are still not available on the nhs. we'll be speaking to one parent of a child with epilepsy later in this programme. political parties are marking armistice day by promising measures to support military personnel and veterans. labour wants to improve pay and housing conditions. the conservatives have pledged new protections to prevent former soldiers from what they describe as vexatious legal action. the uk economy returned to growth in the third quarter. gdp increased by 0.3% betweenjuly and september, accor