35 Burst results for "Billion Pound"

Interview With Jeremy Thompson

The Practical Futurist Podcast

04:34 min | Last month

Interview With Jeremy Thompson

"Today's guest is Jeremy Thompson who was executive vice president of the UK and overseas development of Hallways UK businesses. Jeremy Join UK. Twenty. Twenty. As deputy managing director with specific responsibility for carrying Strategy Business Change in K customers. Pratt while why Jeremy worked for twenty years in senior management roles including product leadership and telecoms joint-venture development for bt group in the UK and other parts of Europe including. Spain. And the nordics. Journeys. Also previously worked in the US in the UK for an IBM Software Company and Consulting Business Welcome Jeremy Thank you. Thank you. Enter could sold here. Now. We have a lot in common. We've both got a career in Tokyo and we've both would with IBM. So what's been your journey to while you K-? Well as you as you mentioned I did in the only part of my career work in professional services with IBM in the US. And then in the mid nineteen ninety S I came back to the UK and I joined the British. Telecom, bt and what the twentieth bt. So I've been really in the telecom space now for or three decades and seeing the development from. abloh through first generation. Now into a fifth generation and my background is in product and product management and joint benches, it had a number of course Europe. We have very similar correct trajectories. We'll explore that in a minute, but it's great to talk to another Tokai friendly person. So back on season two, episode four, we spoke with your colleague Paul. Scanlon about the future of five. G.. And we had a really interesting discussion about why's approach to five G. From Technology Point? Is You know I? Ask you a bunch of technology questions today. But what is five gene to you? Five G. as it implies is the next generation and every generation of brings new opportunities with the Wallet Space. But potentially, I. Think. The second generation was significant. The full generation was significant and the fifth generation is probably very significant with an industry can be criticized a little bit of over promising to quote Bill Gates's overestimate the short term and underestimate the long term and five G. is going to deliver on a number of promises that perhaps it'd be made over the last few years. But it four G. was about APPS and consumers and smartphones five. is about connected devices and B. to be health and agriculture and verticals. So we think we're on the cusp of. A major change in the telecommunications industry and ecosystem around it. I'm sure we're going to talk about that, but it may take another two or three years before the networks rolled out and the applications developed and someone has the aw iphone moments in five G.. What's funny? You Miss Three G is that inflection point? I? Remember when three g came out and I went nine, the carrier, but everyone was promising video calling. I think my too cozy mind tie life. It was really about foster incident although when my guys back to three G or Heaven Forbid Eighth? Edge? I just have to create jogging and should be illegal in any country. There's enough legislation being talked about in our industry right now, I would suggest that the superior technology of four G is going to replace creepy and you're gonNA. See Three G retired property before g that there are some applications onto g which swell three G that spectrum probably will be reformed and used in five G.. Leave. My old employer, Telstra, I think is turned off their entire to work in the spectrum they read farm. So there's some countries where it Econet, she get A to Z signal. You've been away for years to about your heritage research and Innovation UK. While is one of the top investors in our indeed in any industry. I, think we're in the top five or six in the Telco sector where we're number one, a number one by away this year, we're going to invest twenty billion globally in our D.. And that's delivered considerable competitive advantage and give us a jump on the five G. space. Here. In the UK, we have a number of centers of excellence for Recession Development, not least of which is the optical research development and chip design that we recently announced a billion pound investment in developing that further and a fabrication unit is well,

UK Jeremy Thompson Europe IBM United States Bt Group Hallways Uk BT Deputy Managing Director Executive Vice President Spain Bill Gates Recession Development Tokyo Ibm Software Company Telecoms Pratt Econet Telstra
Imagine it Forward and Goodr

Zero to IPO

04:23 min | Last month

Imagine it Forward and Goodr

"To another episode of Zero, to IPO were absolutely thrilled to have to amazing guests on the show today I wanna I introduce Beth comstock who for many years in fact, almost three decades was at GE and served as the vice chairperson. There is on the board of Nike is also the author of this amazing book called imagine it forward, which I am really enjoying and learning a lot from and have a bunch of questions to ask Beth about the. Beth welcome on the show. Thanks Josh. Great to see you great to be here. And our other guests is Jasmine crow who is the CEO and founder of Gooder, which is a company that I am fascinated by I. think it's one of the more insightful companies that I've come across. Recently I also have a lot of questions for you Jasmin about how the idea came to you, but but welcome on the show. Thanks so much gas and happy to be here. Of course, we've got Freddie caressed my co host. Zeroed IPO your morning Josh, how you doing good I bet and Jasmine, nice to see you. Thanks for joining us today I'm super excited about today. Yeah me too good to see you. Well, let's dive right in because we have a lot to talk about Jasmine I wanNA start with you and I want to understand I want our audience to understand where you're coming from. When you started gooder there's some kind of basic facts that I want our audience to understand domestically we are wasting seventy-two billion pounds of food every year while forty two million people are struggling with food insecurity absolutely that's a foundational mess. And it's even worse. Now, I'll of everything that's happening with current virus who are wasting more food and more people are going hungry. So it is a huge issue. Yeah. I mean just to be clear before this even. I read somewhere that we were wasting about a quarter trillion dollars a year on food in the United States if people number eight is that right? Yeah. Right Frederick in. So I guess to put an even more simpler context about two percent of GDP is on wasted food for that's a lot of money spent on food that never gets eaten in this country does Like many people I have some passing familiarity with this I. Read about it I don't even know where to start and it seems like maybe you go out and you you know you try to donate food as best you can and and I think that's maybe where you started. Yeah and it transformed into something quite extraordinary. So yeah if you know Josh I started feeding people that were experiencing hunger and homelessness in two thousand thirteen out of my apartment in Atlanta Georgia So that's where got started I found a parking. Lot I drove past it one day and I just saw hundreds of people that were homeless in in something kind of just pulled on my heartstrings at that moment and I said I wanNA help you know what do I didn't have a ton of money and I knew I could cook and so I just went home I post it on facebook I mean Sunday. I'm going to go downtown and I'm going to feed on the streets. If. You want to join me I had about twenty volunteers I made a spaghetti dinner. And loved it. You know brought out my little beats pill at the time, which wasn't that loud outside. Dating us, you're dating we know exactly when you're store your. Heckling when it happened so I really wasn't that loud music thing. But I have bad and you know the idea was it would be old school kind of Sunday music why Jackson five and Aretha Franklin James Brown like this classic kind of music and a good Sunday dinner, and that's how it all got started in. So of eighty own from one of my pop up restaurants went viral on facebook and people are saying this is so amazing which restaurants donate the food and the reality was nobody I was couponing on price matching I always say, I'm the reason Walmart doesn't price-match anymore I definitely feel like i. gave them a run for him. And then I was cooking thing taking it downtown, serving it coming home cleaning up, and so it would take me like forty hours every week I did this and I started researching food ways and was really like upset like I can't believe this much food goes to waste in here I. Am you know putting together five dollar donations and my own money and trying to make these feeding is happening to feed five hundred people

Josh Jasmine Crow Beth Comstock Facebook Nike GE United States Jasmin Walmart Freddie Atlanta Gooder Frederick Aretha Franklin James Brown Jackson CEO Georgia Founder
UK Treasury chief warns of depth of recession

AP News Radio

00:43 sec | 2 months ago

UK Treasury chief warns of depth of recession

"This is treasury chief has warned the nation that that will be tough economic times as the British economy has taken a hit from the cabinet nineteen pandemic we are I thought that before entering into a very significant recession we know that that is happening this is a warning but since chancellor of the exchequer rishi Sunak has given to the British people a day off to repeating his spending plans to boost the economy in a mini budget synnex will to sell his ideas to the nation particularly the expensive program to help third item please to return to work after the government program now paying them expires this plan could cost the treasury as much as nine point four billion pounds almost twelve billion dollars and critics are wondering whether it makes sense Karen Thomas London

Rishi Sunak Treasury Karen Thomas London Chancellor
UK Treasury chief warns of depth of recession

AP News Radio

00:43 sec | 2 months ago

UK Treasury chief warns of depth of recession

"This is treasury chief has warned the nation that that will be tough economic times as the British economy has taken a hit from the cabinet nineteen pandemic we are I thought that before entering into a very significant recession we know that that is happening this is a warning but since chancellor of the exchequer rishi Sunak has given to the British people a day off to repeating his spending plans to boost the economy in a mini budget synnex will to sell his ideas to the nation particularly the expensive program to help third item please to return to work after the government program now paying them expires this plan could cost the treasury as much as nine point four billion pounds almost twelve billion dollars and critics are wondering whether it makes sense Karen Thomas London

Rishi Sunak Treasury Karen Thomas London Chancellor
Britons will be able to holiday in France, Spain and Italy from NEXT WEEK

The Leader

05:58 min | 3 months ago

Britons will be able to holiday in France, Spain and Italy from NEXT WEEK

"The UK could get foreign holidays back to selected destinations, but travel John the Simon Calder, his not impressed. And Bournemouth beach they partied in thirty degree heat like social distancing didn't exist. Be Two meters, or what with mitigation? It's like the Mediterranean, said the weather to remind us of what we're missing out on. At least for now it's report. The government's being busy signing up deals with countries like Spain and Italy that a let British people travel there without having to go through quarantine. Perhaps as soon as July fourth, it could be a lifeline, an industry that feared it could lose up to twenty billion pounds, but travel John Simon calder. His not convinced joins me now this as the so-called air bridges, just a rumor. What do we actually know about what's happening? We know that this is an extraordinary episode in government by League. It's now I think eight weeks since dominic. Cummings came back from his to <hes> Dharam and saw that the judgment was in some disarray and unpopularity over the number of. Deaths and decided that. It was time for an eye catching <hes> policy and he decided that quarantine would be the right way to go, even though of course at that stage, the rate in the UK, thank goodness was declining and only international medical is. There's no point. In current in on a blanket basis. When you're in decline and Sarah lots the other countries around the world, and set the around Europe, since we've just had neak after leak after leak, and some of them almost comedic say that we got the Communist announcement on the tenth of May and then immediately we got to kind of the CAN. It's actually an official government announcement. Saying well, of course, this doesn't apply to France and then that was quietly withdrawn. And then we have on this morning and I make it six days to July millions of <hes> policymakers and hundreds of thousands of the travel industry work workers simply do not know if foreign holidays will take place this summer. It is an extraordinary state of affairs and. All I know is what I'm hearing from various rumors in the industry, some of them when employees some of them pure guesswork, but not. Is that on Monday the? Department of. Transport will announce. A list of. Eight or ten destinations that you can travel to probably starting on the fourth of July, and probably the Foreign Office will change of guards against Auburn. Essential Travel, but we know that from older lakes we have been given a very very difficult guidance, so the countries that are on this list include places like France Spain. Italy! Greece, all popular tourist destinations for dealing anymore actually go Simon de think that the fears over Luna virus abated so much that people will willingly Kevin Aeroplane and head off to a tourist hotspot. Far Safer Agree Thailand in the zoos of Portugal which has nil rate at the moment sauce safer than you would in them, and while the government's insists that policy is informed by the science. The scientists aren't spoken to say this is the most Balmy thing. We've ever heard of the best way to get the rates down in the UK a get. The prevalence in the UK is for millions of people to go on holiday veto, less dangerous places, and so the government's move. Who's actually had counterproductive? Silently will increase the number of cases inside the gifts in the UK, but since it's a political stunt rather than serious policy. That's just I was gonNA say seeing consequences it was. Pretty foreseeable or anybody, he sorted through. There will serve NEPEAN and I. It will be much minister people going abroad. I, think trump ripley. <hes> the majority of people thinking just leave it so twenty twenty. And the still a very substantial minority who would love to go abroad and are simply. Profoundly frustrated at the way that the government has had will eight weeks decided to bring this dominate. Cummings decided to bring in and. We still apparently going to see a weekend of frantic phone calls between different governments you. You really couldn't make it up, it is. Often covering travel for a thousand years and have never ever seen. Government causing so much grievous. To the industry, most time traveled to skits only. It's <hes> did a great holidays. Fantastic value make lots of money creates loss of jobs and the government. Let's. Let's say Bieber at the moment. The government is <hes>. If sex out to to as much damage as possible to the UK traveler district, it's difficult. See how they could have done any more than I do now it's. It's it's. Shameful but secondly just tragic for the people in the travel industry <hes> desperately trying to rebuild and say jobs and assigned thing for the people who will die they county councillor in more responsible for tourism tells me. He's really worried that it will call us home because people will stay out they'll. Take, an infection oval the boldly government. Decisions during this crisis, this is. Probably the most damage

Government UK John Simon Calder Cummings France Italy Spain Simon De Bournemouth Essential Travel Mediterranean Foreign Office Europe Dominic Official Auburn Sarah Portugal Dharam
Britons will be able to holiday in France, Spain and Italy from NEXT WEEK

The Leader

05:58 min | 3 months ago

Britons will be able to holiday in France, Spain and Italy from NEXT WEEK

"The UK could get foreign holidays back to selected destinations, but travel John the Simon Calder, his not impressed. And Bournemouth beach they partied in thirty degree heat like social distancing didn't exist. Be Two meters, or what with mitigation? It's like the Mediterranean, said the weather to remind us of what we're missing out on. At least for now it's report. The government's being busy signing up deals with countries like Spain and Italy that a let British people travel there without having to go through quarantine. Perhaps as soon as July fourth, it could be a lifeline, an industry that feared it could lose up to twenty billion pounds, but travel John Simon calder. His not convinced joins me now this as the so-called air bridges, just a rumor. What do we actually know about what's happening? We know that this is an extraordinary episode in government by League. It's now I think eight weeks since dominic. Cummings came back from his to <hes> Dharam and saw that the judgment was in some disarray and unpopularity over the number of. Deaths and decided that. It was time for an eye catching <hes> policy and he decided that quarantine would be the right way to go, even though of course at that stage, the rate in the UK, thank goodness was declining and only international medical is. There's no point. In current in on a blanket basis. When you're in decline and Sarah lots the other countries around the world, and set the around Europe, since we've just had neak after leak after leak, and some of them almost comedic say that we got the Communist announcement on the tenth of May and then immediately we got to kind of the CAN. It's actually an official government announcement. Saying well, of course, this doesn't apply to France and then that was quietly withdrawn. And then we have on this morning and I make it six days to July millions of <hes> policymakers and hundreds of thousands of the travel industry work workers simply do not know if foreign holidays will take place this summer. It is an extraordinary state of affairs and. All I know is what I'm hearing from various rumors in the industry, some of them when employees some of them pure guesswork, but not. Is that on Monday the? Department of. Transport will announce. A list of. Eight or ten destinations that you can travel to probably starting on the fourth of July, and probably the Foreign Office will change of guards against Auburn. Essential Travel, but we know that from older lakes we have been given a very very difficult guidance, so the countries that are on this list include places like France Spain. Italy! Greece, all popular tourist destinations for dealing anymore actually go Simon de think that the fears over Luna virus abated so much that people will willingly Kevin Aeroplane and head off to a tourist hotspot. Far Safer Agree Thailand in the zoos of Portugal which has nil rate at the moment sauce safer than you would in them, and while the government's insists that policy is informed by the science. The scientists aren't spoken to say this is the most Balmy thing. We've ever heard of the best way to get the rates down in the UK a get. The prevalence in the UK is for millions of people to go on holiday veto, less dangerous places, and so the government's move. Who's actually had counterproductive? Silently will increase the number of cases inside the gifts in the UK, but since it's a political stunt rather than serious policy. That's just I was gonNA say seeing consequences it was. Pretty foreseeable or anybody, he sorted through. There will serve NEPEAN and I. It will be much minister people going abroad. I, think trump ripley. <hes> the majority of people thinking just leave it so twenty twenty. And the still a very substantial minority who would love to go abroad and are simply. Profoundly frustrated at the way that the government has had will eight weeks decided to bring this dominate. Cummings decided to bring in and. We still apparently going to see a weekend of frantic phone calls between different governments you. You really couldn't make it up, it is. Often covering travel for a thousand years and have never ever seen. Government causing so much grievous. To the industry, most time traveled to skits only. It's <hes> did a great holidays. Fantastic value make lots of money creates loss of jobs and the government. Let's. Let's say Bieber at the moment. The government is <hes>. If sex out to to as much damage as possible to the UK traveler district, it's difficult. See how they could have done any more than I do now it's. It's it's. Shameful but secondly just tragic for the people in the travel industry <hes> desperately trying to rebuild and say jobs and assigned thing for the people who will die they county councillor in more responsible for tourism tells me. He's really worried that it will call us home because people will stay out they'll. Take, an infection oval the boldly government. Decisions during this crisis, this is. Probably the most damage

Government UK John Simon Calder Cummings France Italy Spain Simon De Bournemouth Essential Travel Mediterranean Foreign Office Europe Dominic Official Auburn Sarah Portugal Dharam
Chancellor Rishi Sunak warns UK facing 'severe recession, the likes of which we haven't seen'

Bloomberg Daybreak: Europe

00:42 sec | 4 months ago

Chancellor Rishi Sunak warns UK facing 'severe recession, the likes of which we haven't seen'

"Hey the U. K. tells the Vichy Sinatra warned yesterday that the nation is likely to face a severe recession the likes of which we haven't seen you speaking to the house of lords economic affairs committee on Tuesday do not war there is no way of knowing how difficult the recovery will be more degree of long term the story is that on the economy as a result of this recession will progressively now lift the restrictions the question is what do we return today you know the question that the jury is out so that was she said I speaking figures published on Tuesday said that the cost of government supported Britain is already approaching forty billion pounds was the government is supporting some ten million

Sinatra Britain
E-Bike Sales Speed Up, Due to COVID Concerns

Business Wars Daily

04:55 min | 4 months ago

E-Bike Sales Speed Up, Due to COVID Concerns

"On this Tuesday may nineteenth. If you've ever tested an electric bicycle you may well fall in love on an e bike you get all the benefits of writing a normal to wheeler exercise fresh air the joy of flying down hills. But you also get an extra power boost and the fun of going faster and maybe farther than your own legs can carry you without creating any extra noise or exhaust until recently though e bikes were mostly novelties. Pricey products only tiny percentage of people actually bought but interest in. E-bikes has been ramping up of the last couple of years now. The pandemic is kicked sales into high gear. E-bikes flying off retailers shelves in America and abroad. Some e bike manufacturers can't make them fast enough call it a perfect storm a positive one for the bike industry. Many factors have come together to make biking especially biking look attractive for one cities. Reopen government officials are worried about a second wave of covert nineteen infections with social distancing. In mind they don't want people packing up public transit. The alternatives are slim. There's driving your own car. Of course but many big city mayors are taking stands against allowing traffic congestion and carbon emissions to return to pre coveted levels. Not to mention that parking is difficult and expensive in places like New York Paris and Milan but regular bicycles. Don't work well for people with long commutes. Then there's the need for socially distant entertainment with less to do families are turning to the great outdoors but all of this together and you create conditions. That are right. Not JUST FOR REGULAR BICYCLES. But for e-bikes proponents say the numbers seem to bear them out around the world searches for best. Electric bike surged on Google. In late. March the verge. Reports seattle-based Rad Power. Bikes told the verge that it's April sales jumped three hundred percent over the same time last year. Van Move a Dutch maker. Premium e-bikes has also seen eye-popping growth from February to April. The company says it sales almost doubled in France. Hit well over one hundred percent growth in the US and top two hundred percent Germany. Other e bike makers are enjoying similar surges. The verge reports the trend is a particularly big deal in Europe which has been ahead of the. Us and building cyclist friendly infrastructure e sales grew more than twenty percent last year according to the European Cycling Federation. They're expected to grow much faster there this year. The Guardian reports especially because driven by the corona virus urban planners everywhere pushing for more biking infrastructure and bike friendly regulations. Earlier this month. Uk Transport Minister Grant Shop said public transport capacity will be reduced by ninety percent. He unveiled a two billion pound package to persuade people to cycle and walk instead. The government has proposed creating pop bike lanes and cycle and bus only streets according to the Guardian the UK is by no means alone but with Ta New York Paris Milan. Mexico City and many more cities are building miles of bike lanes enclosing streets to cars. New York mayor. Bill de Blasio plans to open up one hundred miles of streets to pedestrians including expanding sidewalks and creating new bike lanes. The city recently legalized e bikes. Which are particularly popular with food. Delivery Workers and Oakland California is closing off seventy five miles of streets to cars venture beat reports but of course the ride to success for the e bike. Business isn't without its bumps. The promise of safer places to ride notwithstanding battery powered bikes are expensive. It hasn't been unusual to spend two thousand three thousand even as much as fifteen thousand dollars on electric bike now. Bike makers are responding to increase demand by making bikes at lower price points. The verge says a goody by cannot be had for a thousand dollars even premium bike makers are getting their prices down somewhat van move for instance recently introduced a new model. The s three for about two thousand dollars. It's comparable to the slightly older as to which list for almost fourteen hundred dollars more. According to Forbes van move is doing so well that adjust raised about thirteen million dollars in funding. The Dutch company says it could soon hit

New York Mexico City UK Grant Shop Ta New York Paris Milan Forbes Van Move Van Move Google Bill De Blasio United States France European Cycling Federation Europe America Milan Germany Oakland California Paris
Pound rises after Bank of England holds interest rates and QE program steady

Bloomberg Daybreak

00:29 sec | 5 months ago

Pound rises after Bank of England holds interest rates and QE program steady

"Brian earlier this morning the bank of England made a policy decision we get the details from Bloomberg center killed off and London the PO we left interest rates unchanged and kept the target for its bond purchase program at six hundred and forty five billion pounds as expected the bank also issued a stark outlook for the UK economy saying GDP could shrink fourteen percent this year and that inflation could drop below one percent in coming months that said policy makers do expect UK growth to bounce back in twenty twenty one by fifteen

Bloomberg Center Brian Bank Of England UK
Bank of England: UK economy could shrink by nearly a third

Bloomberg Daybreak: Europe

00:18 sec | 5 months ago

Bank of England: UK economy could shrink by nearly a third

"Meanwhile the bank of England as I mentioned is left interest rates unchanged and kept his bone purchase target at six hundred and forty five billion pounds as expected by the bank of England's outlook for the economy was slightly better than all the full cost with the bank saying that GDP could shrink fourteen percent in twenty twenty as a result of the coronavirus

Bank Of England
Liberty and Telefonica in $38 billion UK tie-up to take on BT

Bloomberg Daybreak: Europe

00:22 sec | 5 months ago

Liberty and Telefonica in $38 billion UK tie-up to take on BT

"Morning the liberty global and Telefonica have agreed to combine that UK businesses two and virgin media the deal values the new company up thirty one billion pounds the company started negotiations in December the deal is set to be completed in may to twenty twenty one and then another bad headline on that story this breaking the last few minutes Telefonica has now withdrawn its guidance for twenty

Telefonica Liberty Global UK
the trillion dollar fightback and other actions taken by Western banks to limit virus damage to the economy

FT News

01:14 min | 6 months ago

the trillion dollar fightback and other actions taken by Western banks to limit virus damage to the economy

"Us in European stocks rallied on Tuesday. This was after Western governments from the White House to the Lizzy to ten Downing Street pledged trillions of dollars to help with the economic fallout from the corona virus pandemic. The trump administration alone proposed a one point two trillion dollar stimulus package to Congress. This was on top of two smaller pieces of legislation between the three plans. Americans could see among other things guaranteed paid sick leave. Funding for corona virus testing and even checks sent directly to citizens meanwhile some of the largest economies in and around Europe announced plans to prop up business and protect household. Yesterday Britain for one unveiled a three hundred and thirty billion pound package of emergency business. Loan guarantees in twenty billion pounds of fiscal support on the Central Bank Front. The Federal Reserve launched additional crisis measures to shore up financial markets showing. How seriously it's taking the situation. The US Central Bank revived a credit facility for approved dealers of government debt. That was last used during the show. Eight financial crisis earlier on Tuesday. It ramped up interventions in the repurchase market and eased some pressures corporate. America pay agreeing to buy commercial paper.

United States Central Bank Front Lizzy White House Federal Reserve Congress Europe Britain America
Trump limits travel from Europe to US for 30 days.

THE NEWS with Anthony Davis

04:02 min | 7 months ago

Trump limits travel from Europe to US for 30 days.

"Taking dramatic action last night. Donald Trump announced he is restricting passenger. Travel from Twenty Six. European nations to the US. He made the announcement during a Bizarre Oval Office address to the nation that he is suspending. All travel from Europe to the US for thirty days beginning at eleven fifty nine PM. On Friday after days of playing down the threat he falsely blamed Europe for not acting quickly enough to address the novel Corona Virus and claimed that US clusters was seeded by European travellers. Trump said the restrictions apply to the United Kingdom and there would be exemptions for Americans who have undergone appropriate screenings it also wouldn't apply to Kogo Homeland Security officials later clarifies that the new travel restrictions would only apply to most foreign nationals. Who have been in the Schengen area for fourteen days prior to their scheduled arrival to the United States it doesn't apply to legal permanent residents immediate family of US citizens or others identified in the proclamation. Yesterday the World Health Organization declared that the Global Corona virus crisis is now a pandemic Iran and Italy of the new frontlines of the fight against the virus that started in China for the global economy virus repercussions with profound with increasing concerns of wealth and job wrecking recessions. Us stocks wiped out more than all the gains from a huge rally a day earlier as Wall Street continued to real the Dow Jones Industrial Average. Dropped one thousand four hundred sixty four points bringing it twenty percent below. Its record set last month. Who officials said they thought long and hard about labelling the crisis a pandemic meaning a new virus causing sustained outbreaks in multiple regions of the world underscoring the mounting challenge. The case count outside China has multiplied. Thirteen fold over the last two weeks to over one hundred eighteen thousand with the disease now responsible for four thousand two hundred ninety-one deaths with officials saying that Europe has become the new epicenter. Italy's Casey soared again to twelve thousand four hundred sixty two infections and eight hundred twenty seven deaths numbers second only to China. China's Nuwari is that the corona virus could reenter from abroad. Beijing city government announced that all overseas visitors will be quarantined for fourteen days of twenty four new cases reported yesterday five arrived from Italy and one from the United States for most. The Corona virus causes only mild or moderate symptoms such as fever and cough but for a few especially older adults and people with existing health problems it can cause more severe illnesses including new Monja more than one hundred twenty one thousand people have been infected worldwide and over four thousand. Three hundred have died. Italy's government announced. It was dedicating twenty. Five billion euros to boost antivirus efforts and soften economic blows including delaying tax and mortgage payments by families and businesses. Britain's government announced a thirty billion pound economic stimulus package and the Bank of England slashed. Its key interest rate by half a percentage point and in the US. The caseload passed a thousand and outbreaks on both sides of the country stirred alarm but a story circulated people not being able to access a test. The fear is that numbers in the US are actually fall. Higher than currently reported at a Congressional hearing in Washington Dr Antony Fallacy Director of the National Institute of Allergy and infectious disease sounded an alarm bottom line. He said it's going to get worse.

United States China Europe Donald Trump Italy World Health Organization Beijing United Kingdom Dr Antony Fallacy Fever Infectious Disease Kogo Homeland Security Iran Bank Of England Director National Institute Of Allergy
Bank of England cuts key interest rate in response to virus

Bloomberg Daybreak: Europe

01:20 min | 7 months ago

Bank of England cuts key interest rate in response to virus

"Stories the bank of England's cut rates by fifty basis points at a special meeting the monetary policy committee voted unanimously for Jeez the rates the central banks also introducing a new term funding scheme in excess of a hundred billion pounds with incentives for small to medium businesses will have full coverage of the bank of England press as a day at nine A. M. London time also today the Chelsea she sooner I could use the budget to promise record infrastructure spending across the country have pledged six hundred billion pounds by the middle of twenty twenty five but the extra money is likely to be overshadowed by the crowd of ours the government is also preparing to offer money to businesses and also to the healthcare system to cope with the fallout speaking of the virus the conservative junior health minister nodding Doris has become the first MP to be infected the sixty two year old confirm she self isolating at home but she started to become un well on Thursday and that's the same day she attended a Downing Street event hosted by the prime minister Boris Johnson meanwhile when it comes to a city the Italian government is set to double the amount of fiscal stimulus that is going to over to tackle the corona virus is increasing the amount of money on offer for the fourth time in just a month that's also the European union agreed to stretch its budget rules to help member states fight the outbreak is he's now looking at as much as sixteen billion euros of additional

Chelsea Doris Boris Johnson European Union Bank Of England A. M. London Prime Minister
British economy 'to grow just 0.16% under US trade deal'

THE NEWS with Anthony Davis

01:19 min | 7 months ago

British economy 'to grow just 0.16% under US trade deal'

"The British economy would be at most not point one six percent lodger by the middle of the next decade under a comprehensive trade. Deal with the US. The government has admitted laying bad the limited benefits from striking an agreement with Donald trump prompting warnings from economists that the benefits would be far outstripped by the losses from crashing out of the EU the official analysis also showed that a more limited trade deal with the US would deliver benefits to the UK economy worth just not point not seven percent by the middle of the twenty thirties or about one point. Four billion pounds outlining the start of depot talks with Washington the UK Government. Insisted IT WOULD NOT WATER DOWN. Animal Welfare Standards All put the NHS up for sale to secure a trade deal with trump fears have been expressed that the UK is preparing to water down standards in areas including food production for example on allowing imports of chlorinated chicken ending the ban on genetically modified food in the UK which could lead to cheaper produce on the supermarket. Shelves was not explicitly ruled out in the document. The document is being published on the same day that negotiations with the EU twenty seven in Brussels over the future relationship

UK EU United States Donald Trump Uk Government Government Brussels NHS Washington Official
Coronavirus Outbreak Deepens Its Toll on Global Business

Hugh Hewitt

04:31 min | 7 months ago

Coronavirus Outbreak Deepens Its Toll on Global Business

"Markets were totally call totally calm and all of a sudden they felt dramatically than they were covered Dan paying off a hundred and twenty eight points yesterday on Thursday they were down sixty six points on Thursday they're off twelve points on Thursday overnight Bandung index dropped another one percent and I got up to read bad story after bad story after a bad story it's like the world is finally waking up to when I first told you about early in January there I always keep my eye on the virus because I read the great influenza by John berry they know about the nineteen sixty eight playwright I know about pandemics I know that they're considered inevitable and one will come and that what turned out not to be the pick the bird flu sars a little bit scary but they contained it murders was scarier they continued a ball it was the scariest they contained it they have not contain coronavirus and markets are beginning to notice seventy six thousand seven hundred ninety cases two thousand two hundred forty nine people died and the world is finding themselves with new cases everywhere who by which is the home of Wuhan Hubei province revisor daily numbers up six hundred and thirty one cases following deaths in a jail that followed downward reports and happy talk and a one year earlier this week do not believe in happy talk happy dog okay yeah then South Korea got its own outbreak they they canceled the Davos evasion the ball all forum is is held annually big deal regional business and political elites come down of high none not this year March twenty fourth the twenty seven it's canceled and that is just the tip of the iceberg it really is just the tip of the iceberg the manufacturing supply chain is pummeled from all sides according to South China morning post all across China the guard you expect Virginia shopping Walmart United States are not being made that has ripple effects throughout the economy yeah people worried now about how long does it last on surfaces the nineteen eighteen virus lasted many days we don't know people wonder how long are you contagious we don't know Michael Gerson has a great post Washington post column on this then it's reassuring that the death rate is only two percent now the flu is point oh seven percent but sars was ten percent but we don't know if that's the real death rate we do know is the guardian reports this morning in this my morning rundown coronavirus air travel demand will fall for the first time in eleven years mark Sweeney story the spread of the corona virus will result in the first fall global air travel in more than a decade the international air transportation one of the following passenger demand as a result of the outbreak of covered nineteen would cost the airline industry twenty nine billion pounds from the telegraph Ambrose Evans Pritchard dominoes falling in global shipping as corona virus continues to grow China's economy container shipping from China ports has collapsed collapsed since the outbreak of coronavirus has yet to show any sign of recovery almost half of the planned sailings on the route from Asia to north Europe have been canceled over the last four weeks half refrigerated foods ships full of frozen food known as refers are unable to enter Chinese ports the backups are terrible then from the Financial Times corona virus wreaks havoc on the luxury and fashion groups the coronaviruses kept so many kept as many as one thousand Chinese fashion buyers from Europe's top fashion shows this month as the luxury industry faces its biggest threat since the two thousand eight financial

Supercomputer to improve weather forecasts to receive £1.2 billion funding from the UK Government

Bloomberg Daybreak: Europe

00:22 sec | 7 months ago

Supercomputer to improve weather forecasts to receive £1.2 billion funding from the UK Government

"And here in the U. K. is super computer designed to improve his severe weather and climate forecasting it's going to get a one point two billion pounds of government funding it'll go towards the technology's development and the hope of operating more sophisticated rainfall predictions ministers reckon that device will be the world's most advanced of its kind dedicated to weather and

Boris Johnson's £5billion bus and bike boost to improve bus services and cycle lanes

Monocle 24: The Briefing

02:12 min | 8 months ago

Boris Johnson's £5billion bus and bike boost to improve bus services and cycle lanes

"Time now to review the morning newspapers newspapers. And I enjoined to do exactly that by Mongols Kaleta Rebelo who is right here in the studio we all starting. I believe with the Times. Yes we are starting at times in London. A headline about is about this. Five billion pound fun to transform towns in this boost for cycling and bus travel. Well now this is of course emphasise outside of London in England to try to go ahead with this plan that it's being described as many Holland's. It's one of those where I live in London. Yes this is trying to bring exactly what we have in London beyond its relations because it means as I understand that neither pedestrians nor motorist ever understand anymore which is pavement in. Which is the road which does make your stroll to the shops really exciting? It's all about giving you a challenge every morning Andrea but you know what's interesting about this is We're talking about over two hundred fifty miles of new Segregated Cycle Michael Lanes that are going to be built across England under this new government. Plan council's will receive a share of one billion a year One billion pounds a year fun to improve local transport connections outside of London and what is basically entails. Is You know as I mentioned. Segregated cycle lanes traffic calming infrastructures. access only streets for cars and also restrictions on heavy goods vehicles. And where Dakin Go it also accounts for the introduction of pocket parks which are parks in usually What would have been a parking space space and is taken over by the roadside also helping to kind of Separate where pedestrians are where cyclists are and then where cars should should be the the traffic calming measures. Does it say include measures like the exciting fake three D painted pedestrian crossing not very far from this building which no oncoming motorists sexually understands pedestrian crossing. Which is why very nearly get run over coming and going every day? I'll give it to you. That's a very confusing crosswell. It's really not the

London Times Cycle Michael Lanes England Kaleta Rebelo Plan Council Dakin Andrea Holland
"billion pound" Discussed on Don Talk

Don Talk

02:11 min | 1 year ago

"billion pound" Discussed on Don Talk

Don Publix WalMart Kraft nine percent
"billion pound" Discussed on Don Talk

Don Talk

02:11 min | 1 year ago

"billion pound" Discussed on Don Talk

Don Publix WalMart Kraft nine percent
"billion pound" Discussed on WAFS Biz 1190

WAFS Biz 1190

01:59 min | 1 year ago

"billion pound" Discussed on WAFS Biz 1190

"Two billion pounds of funds. Available for contingencies. The EU has ruled out any piecemeal negotiations on that deal. Hammered out with the UK prime minister officials in Brussels, tell us that if the British parliament fails to ratify the bell next month, the EU will not seek what it calls a manage. No deal. But we'll take it a lateral steps to prepare for a heart divorce. Italy says it struck an informal deal with the EU to avoid sanctions, I twenty nineteen budget. The treasury says it has a technical agreement which will face ratification by Brussels later, the populist governments cut its deficit target for the coming year to a fraction over two percent. And also shaved more than four billion euros off it spending plan to win EU approval. Saudi Arabia's spending. We'll hit an all time high in the coming year as the government accents handouts to cushion pack of rising costs and keep the vision twenty thirty program on track. The budget includes a cost of living allowance that will total almost eleven billion dollars that came as struggling with falling oil, prices and anger over the murder of dissident journalist Jamal. This is the largest budget in the history of Saudi Arabia, raving to support economic growth in the kingdom. Raise the efficiency of spending cheating sustainability and financial stability goals of vision. Twenty thirty. Big space day became a dance Squibb as the stars ultimately failed to align for a record number of rocket lodges. United launch alliance joint venture of Boeing and Lockheed Martin became the last four potential missions postponed. Liftoff SpaceX scrubbed its mission on technical concerns. Blue origin did the same on an infrastructure issue. And our space was hit by bad weather. Global news twenty four hours a day on air attack on Twitter, powered by more than twenty seven hundred journalists and analysts in more than one hundred twenty countries. I'm Deborah Mao. This bloomberg. Debra thank you very.

EU Saudi Arabia Brussels United launch alliance Deborah Mao Twitter SpaceX treasury Debra prime minister Squibb bloomberg UK murder Italy Jamal Lockheed Martin Boeing eleven billion dollars Two billion pounds
"billion pound" Discussed on The Skylines Podcast

The Skylines Podcast

04:14 min | 2 years ago

"billion pound" Discussed on The Skylines Podcast

"Hello on journalists and this skylines the city metric pug cost the last day of August this year summer two juddering halt here in London. When some devastating news emerged, it turned out, but cross rail, you may well knows the fifteen billion pound EastWest railway that London has been promised for literally decades now which routes upset me known as Elizabeth flying. It emerged that day that it was kind of running late. Like the first section we'd confidently been assured who's kind of open in December. So you'd be together train for the for the main underground root from Paddington in the west river street in the eastern on the canary war outrage that was meant to be opening, miss December, worth, suburban branch lines, can of hooking up over the course of the next year and a half or so. But it turns out that's not happening in despite the further crow, who's been seen, not just in Britain, but international as late as these emperor of. Mega project that was running on time into budget was seen this great example of something that was actually despite being worth fifteen billion pounds. It was actually kinda going quite well. And then one day we found out it was not impact going well. And the whole thing is running well, they say it'll be open next autumn, so we can probably issue at least my monthly a year might be more realistic anyway when when this happened, once I got over my obvious devastation, I had an idea. I like doing the long random walks cross the city as anyone who follows my Twitter on Sunday afternoon know an Kurtz me the Anais been out and investigated the state of the of the infrastructure on cross rails. So one, Wednesday, September decided the spend the day walking the length of the new crossroad tunnel from from Woolridge in the east or wait pennant in the west just to kinda see how it was looking things though. Despite being a kind of nerd about this like didn't really know that much about her rail infrastructure. She works so to get the most out of this. No. So you know to monetize as. Content as it my way, I decided to take her travelling companion long, Jim Morrison, who is the gardens media deter. And one of the foremost train nerds working British media today to come along for the right, what you're about to him now is a series of recordings made that day. They were made on my phone using of if both headset microphone so that the quality is always audible, but it's not always amazing sometimes gets a little bit windy, but I try to do best. I can. It's also sort of live recording what we didn't plan any of this. We kind of like chatted about various crossroad related subjects as we go along. So it's a little bit messy. This kind of no narrative arc, except for the fact that you know, we're aiming for Paddington. I should note here the gym, despite being a man who voluntarily chose to spend his day off working eighteen miles just to see her crossroad was looking. He spends the entirety of the recording. You're about to hit cornea, train nerd. So I'm gonna get my retaliation. I by pointing out. He's little bit confused about. Religious, and he didn't know the foot tunnel. Just saying. Okay. So we stood in of alcove next to I think, isn't estate agents in we'll edge in a very similar fashion trying to get out the wind, not labor about break in, where's the station gym Montana show where the station is John, but we're on station way which made me think it's somewhere around here brilliantly. They've taken all of the cross rail signs which had opening aid, December twenty eight hundred and pasted over them with stickers saying awesome twenty nine thousand nine. So fairplay to ever got that contract. But the strange thing is that there isn't any sign of any station that who have opened within a couple of months anyway. Yeah, suspicious, isn't it? It doesn't look like the suit thing that that was ready to open in December. It kind of looks more like building sites. Yes, I knew when he doesn't know what Jesus in south east London. It saw slightly overlooked part south of the tens, but opposite Canary Wharf and all of that. And if you go down his an enormous enormous development of a former military site, which I quite like, I'm not sure if case quite light, but it does the job of me and the cross rail thing was the sensor of all of it..

London Paddington John Canary Wharf EastWest Twitter Britain Woolridge Elizabeth Jim Morrison Anais Montana fifteen billion pounds fifteen billion pound one day
"billion pound" Discussed on Remainiacs – the Brexit Podcast

Remainiacs – the Brexit Podcast

02:56 min | 2 years ago

"billion pound" Discussed on Remainiacs – the Brexit Podcast

"Laughing the Hello and clearly busy week yourself. Yeah, yeah. She surprising even though this nobody in parliament, there's no one environment. There's no real sort of news reports Johnson for week, and now we're, we're talking about, you know, Jeremy Copeland's for a week because there's no needs to take it up, but there's a bunch of other sort of bits and bobs sort of getting with so. As relaxing as seen from the outside. It's a Clinton liberating, not having to do the kind of pointless black and full thing that they kind of come and punch and Judy show you can actually get into the real stuff. Yeah, that'd be nuts. Fucking great. The thing is I didn't really do that because I'm not very newsy as my colleagues were picking on the news, become the news on the stuff that we do on the website. It's usually a bit more long form and a bit more sort of taking a couple of steps back. So the rhythm of that doesn't affect my day today, stuff too much, but it's still just really nice just not to have to look at their faces. Was at least one bit Brexit news, which account associates machine this week. That firms are already facing skill shortage in IT, transport construction health and us by telephone. Breakfast ceased on. This is good news because it means wages are gonna go up in this sector. Is it good news? Is it good income? If minner? So they're always going to do this. They're going to go for any evidence. There is a rise in wages, and it would be. I mean, we've seen very, very reductions in the numbers, the migrants coming to the UK. I think we've come from a hundred and forty eight thousand two year off. You went on seven thousand help winning on that, but I'm pretty sure this figures crap, and they're always going to approach this with the supply and demand mentality. Pure surprise them on nothing else to it. Okay. So there's a few people coming over wage is going to go up and in some sectors. It would be astonishing if that didn't take case, but that is an extremely rudimentary simplistic view of how these things operate. One of the things that we're going to do is they raise productivity quite he that they work in Taty show white could be to do with bringing new customers, bringing a Slovakian guy can sunny sought to this vacuum market. We were nine. For instance, if you have someone coming in working for quite low wages in childcare than not actually tends to raise. Productivity and sometimes earnings for people who they're taking care of the children off. So they're very, very complex economic units, immigrants and if you just see a reduction in thing, right, that's it. We're going to see a rise in wages that to eat. It becomes by inflation. All may not happen to the figures that came out yesterday would suggest that this is not being seen tons of people actual wages when they take them home or it could just be a little bit more complex than that. So who would have thought turns out it might be a little bit more complicated everything. He says it's been more complicated unless I'm afraid. So yes. Because in construction, wages are high relatively anyway, and they still have such sent vacancies. Anyone time. Of course, the sector particularly in London. So that is a case where you've got an industry that if you own site as a senior site manager project, you'll you'll be earning the kind of salary. Rival city salaries are Sosa summaries, and that's how the construction sectors of pitched itself into schools and colleges. It goes in and says, you know, if you end up at the senior surveyor on one of our mega million pounds billion-pound sites, you could be earning one hundred thousand hundred and fifty thousand plus bonus,.

Jeremy Copeland Johnson UK Taty Sosa Clinton site manager Judy London forty eight thousand two year million pounds billion-pound one bit
"billion pound" Discussed on Global News Podcast

Global News Podcast

03:27 min | 2 years ago

"billion pound" Discussed on Global News Podcast

"The opposition movement who's in hiding in idea we we saw saw buckingham are defending themselves from the lot appropriate forces that they have weapons they don't have weapons defending the sub we could losses sticks spears whatsoever any hunting instrument is not what they are hunting instruments they don't have weapons as each sunlight of despite winning conflict refuses to back down civilians are the main victims of the violence it's hard to see when refugees came he'd be able to go him that report was by miami jones members of parliaments in britain have approved controversial plans to build a third runway at heathrow a potent in london the busiest in europe the vote was welcomed by the business groups the cbi but greenpeace uk said it was ready to join a cross party group of london councils and the city's mass at econ in a legal challenge against a third runway from westminster ben right for pools it was a vote that had taken many years of indecision and delay to land on the floor of the house of commons the idea of a third runway at heathrow was proposed by labor at the turn of the century the plan was initially opposed by the conservatives most fiercely by the one time london mayor and now foreign secretary boris johnson but he was not in the chamber to see his party complete its embrace of an expanded heathrow during tonight's debate some on the labour benches shouted whereas boris mocking the foreign convenient absence a trip to afghanistan sped mister johnson resignation or a sacking a number of tory mp's with constituencies close to the airport have long opposed an expanded heathrow including greg hands who quit his job as a minister in order to oppose scheme he described tonight as fatally flawed the transport secretary chris grilling acknowledged the issue was divisive but he said the new runway was essential if the house endorses the prepares the national airports poses statements today it will move from decades of debate and sets tomorrow mind a clear path to future as global nation in the post brexit world the government insists no tax payers money will be used to build a new runway and the transport secretary has promised a two and a half billion pound compensation package for local residents before the debate the unite union wrote to all labor mp's urging them to support the new runway and the jobs it will create but labor leader ship said the government plan fell down on environmental grounds in particular the shadow chancellor john mcdonnell made an impassioned plea on behalf of his constituents thera huron cost to this decision that this house needs to recognize contemplate before furniture nine to worry am blight my committee once again on a project that will never harm the palm tyco but labor mp's have being given a free vote and their support for the government guaranteed the new runway would be approved despite a lastminute abstention from the snp and opposition from the liberal democrats ministers hope work on the new runway can begin by twenty twenty one but there may be several legal challenges before the bulldozers move in that was then right french cognac will soon be marketed as ex ex oh or extra extra old it comes off to regulators.

billion pound
"billion pound" Discussed on talkRADIO

talkRADIO

01:41 min | 2 years ago

"billion pound" Discussed on talkRADIO

"Financial times may grants hammond free hand on tax to fund a twenty billion pound nhs boost meanwhile donald trump is on the front page of the financial times as well trump lashes out at mergel over migrants express leads on tax taxes will rise to pay for nhs boost picture of harry kane which is a remarkable for the daily express that really they have started to just pick up the news agenda it's no longer health driving or indeed pictures of diana it must be there near you anderson the daily telegraph leads on war on cabinets lost that's according to hague amid a cabinet row meanwhile the guardian attention to us will not be migrant camp like europe declares trump the daily mail says fleeced at the petrol pumps furious drivers overcharged but tuna of pounds of two thousand fifty tank as prices hit a threeyear high get an electric car that's what i say and the sun leads i'm buzzing sky cain scores twice a mid insects soi uhhuh and rose and the daily mirror leads on never hit my meghan the extraordinary interview as they describe it the new embarrassment is thomas marco reveals wedding wedding ultimatum i find it extraordinarily is accepted seven and a half grand to go on the good morning britain although are happily accepts seven hundred grand to go on that show i'm sure he could have done a better deal and meanwhile the daily star is actually got a little bit of that story so well done the daily star actually doing a little bit of news there so those are your front pages let's have a look on the innards rob so where would you like to start the times where the headline is tech giants are making millions.

harry kane britain hammond donald trump europe meghan thomas marco twenty billion pound threeyear
"billion pound" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

01:36 min | 2 years ago

"billion pound" Discussed on Bloomberg Radio New York

"To be ready to boost its nuclear output and malaysia long running one md investment scandal is turning another page with the wife for former prime minister nausea browse like being questioned by the anti corruption commission she's appearing after police raided properties lit to the couple and see suitcases of cash and hundreds of boxes of handbags global news twenty four hours a day on and at tick tock on twitter powered by more than twenty seven hundred journalists and anisimov than one hundred twenty countries i'm young guarantee this is bloomberg marcus muchly are now the u k government is sold a seven point seven percent stake in the royal bank of scotland at two hundred seventy one per share that is three point five percent below the prior close and at well below break even price lo and behold this morning we all seeing s sheds down by run about three and a half percent at two hundred and seventy one p for more let's bring in bloomberg finance reporter ed robinson he joins us now in the studio so british taxpayers will actually take a two billion pound loss on this share sale why is the chancellor choosing this point then to sell this stake well the the government has been itching to sell some of its stake in our bs i mean it holds a seven eighty percent stake after this it'll probably be down to around sixty five or sixty six for a long long time i mean george osborne back in two thousand and thirteen had teed up plan to begin selling a stake so they've really been looking for a window to do this and now they feel they have one rb s recently settled a big mortgage bond case in.

malaysia twitter reporter chancellor prime minister bloomberg marcus muchly royal bank of scotland ed robinson george osborne seven eighty percent twenty four hours two billion pound seven percent five percent
"billion pound" Discussed on talkRADIO

talkRADIO

02:10 min | 3 years ago

"billion pound" Discussed on talkRADIO

"Looking to provide poems all school meals your thoughts own and we've had no official confirmation downing street but these things wikileaks the telegraph and the times and the only paper the guardian oh sang it's gonna be a pile of bill of up to around forty nine billion pounds we 50 billion pounds but we may not pat by for forty years that's very unfair mi five glance and rafael isn't it or you're just john i think this is a thing that still in negotiation i hope it's still in negotiation 'cause the idea here is uh this whole so cool breaks it bill is something that's uh basically is only eliciting the start of talking about trade stop spot discussing trade no actually the the and trade deal which i mean it's ludicrous now uh an outrage enough people vote she leave i would say votes it full yeah yeah and then of in terms old paying full t to 50 billion pounds just starts to talk about trade and this is ridiculous nece on the eu's side it just proves how rigid and i'm disgracefully thing but on asset as well because nobody had that discussion even into lead before the referendum did that we just kind of the students going to be sleep is a lot plain sailing far from it uh uh will the this is the eu's holds the eu has the tango rugby would have we think he current eu police police minister bald punched referendum rates this movie go up the guy shouldn't uh to this is full t billion dol over here with rates which we can apply well we don't know this yet by all the roadways police token spoof us before we get a place and it just a full five billion out we might say shortly i hope no okay thank you lee is that it would be fathers fully roy really appreciated rory proinflammatory pharaoh fish the big to you made a luxury fulfull four nine nine one thousand these the retro better off out are we really will leave rename it worse off out six thirty one seven after news headlines is rachel slorc radio foreign secretary lawrence johnson is edging north korea teats change cool south.

eu official rafael lee roy rory rachel slorc secretary lawrence johnson north korea 50 billion pounds forty nine billion pounds billion dol forty years
"billion pound" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

02:26 min | 3 years ago

"billion pound" Discussed on Bloomberg Radio New York

"Cards general it's looking at tugged over one hundred twenty billion pounds and in the summer the bank of england suggested it might be a good idea if uh uk banks did start to increase the contingency loyd's actually did that in the summer for setting aside an extra two hundred seventy million pounds so i think for me it's entirely sensible the only concern that i would have is if they're doing that than will actually lending money to the real economy which may or may not need it particularly of businesses want to borrow money to invest invest in the future michael very good morning to you not was already know with the sent died of all of the british banks yesterday dow parrying comparing the performance just run is three me or bs is front and center is that if you look at the chart that you sent i that tells me i am betting on a dividend an eyeing batting on the government's stepping back does that channel this morning we think it does minus no i mean there's no contingencies with respect to that and i think are highlighted the fact that we still don't know the level of fine from the us department of justice that foul remains a significant intangible for obvious on ten billion botanical b twelve we we don't really know liz we well we've got to go on is obviously how finds that the department of justice levied on dutch bank for example so as to say but we don't really know what the conditions he with respect to that wall's what i was encouraged by was the fact that lloyd's actually managed to pulse quite easily even despite the fact that it purchase bank of america's mbna credit called around about a year ago and yet despite that it still remains in fairly decent health i think with respect to rbs said lo for by news about his price stage i think most significant is that it is really struggling to get back above those levels that we saw and about two years ago just prior to the initial stake selloff around about three hundred thirty paints we have been anywhere near that we actually become really bring me a three hundred palin my big question i think would be with respect to l p s is this is this is good as it gets mm yeah.

michael liz dutch bank lloyd rbs palin bank of england uk dow us department of justice bank of america two hundred seventy million po one hundred twenty billion pou two years
"billion pound" Discussed on BBC Radio 4

BBC Radio 4

02:17 min | 3 years ago

"billion pound" Discussed on BBC Radio 4

"The male dubbed gloomy chance that yield today off his brexit optimism his boost for housing the young analysis we rescind the nickname although there is an asterisk warning he should be very still very glum about britain's debt nbc at uh spelt h egged see and the daily express 3 billion pounds kgb eu exit don't panic it's normal cash for brussels or the chancellor action said is that the extra threebillionpound was to prepare for every abc come from brexit talks fail the paper as you'd expect a fairly sharply divided both leader reuters on the columnists in the guardian that says this is conservative political economy writ large look after the assetowners in the hope they look after you at the polls and eventually pulse on the assets of vacates that's the diminished state of tory economics in the face of attacking economy with structural problems at grow gray the year a public that foot somewhere between sullen and mutinous and that hammond a real nowhere man making all is nowhere plans full no body the exact opposite in the mail peter oborn writes the windass certainly be knocked out of jeremy corbyn sales is well drafted budget has exposed the emptiness of labour's economic policy leaves a looking vulnerable i suggest a near hysteria surrounding cold means leadership may well of peak mr hammond is no genius never will be yesterday he did just what was seen with some competence and that competence is utterly transformed the political landscape this morning courtesy of philippine britain enters new political territory analysis eddie's as you'd expect to the budget throughout the program will have dominates take on it in just a moment but now at 10 paul vi it's time to events in zimbabwe new leader emerson monenco agra has told a cheering crowd that the country is witnessing the start of a new democracy ahead of his swearing in tomorrow he said his priority was rebuilding the economy and creating jobs and that the country was entering a new phase we are witnessing the beginning of a new phone league demarcus welcomes if law knee is all reports say in harare give us more of a sense of this of this speech and the.

britain nbc brussels reuters peter oborn mr hammond eddie demarcus chancellor jeremy corbyn philippine britain zimbabwe harare threebillionpound 3 billion pounds
"billion pound" Discussed on talkRADIO

talkRADIO

02:18 min | 3 years ago

"billion pound" Discussed on talkRADIO

"Onset is huge he gets his once we billion pounds let's talk a bit about for example the change in uh snow mbas hamlet of the impact on improving the condition of people's lives and saving their lives in particular you have left nurses and since 2004 has a slower rate increase masters star patients are going to be the next well looks off a deterioriation will be identified late and that whole series of that are more likely to a cat having reason for the deaths commit so we found that gnashing numbers woes the explanation for the link between mortality and spending yes uh and so therefore that would have to be spending allocations to increase nazi numbers beyond what they all at present then the chelsea here is that people who are suffering most from these are the oversixties and care whom residents these are the most vulnerable people in our society absolutely which is why i mean it it's a real shame and of course these people who really suppose in our country and what it is today and now they seem to be in essence shortchanged when it comes to the special k that the receiving let me ask you is what if i may have about this amount of money sings she huge amount of money it seems curiously specific by where's that six point three billion figure come from there we conducted another foul estimated how much money would be required in total clear this guy why 2021 and in time an on your that pick a to approximately six point three billion uh there is a range above and beyond that in terms of the variation but the 6 billion is actually quite consistent with other figures that have recently been in shoe swear by the soft week fiji's help hangs an 4 billion pounds we need to go into the nhs and more recently i speak said that two billion would have to guarantee spatial cat hayward saying that six would need to be going into your across the nhs and special cat at sites a lot of it is just guesswork uh we think that there is a strong underpinning could think is that we come up to and the demonstration that although organization to come up with similar figures using completely different analyses weeping lent support to the number to would hit clinton thank you very much on.

Onset chelsea fiji nhs clinton 4 billion pounds billion pounds
"billion pound" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

02:00 min | 3 years ago

"billion pound" Discussed on Bloomberg Radio New York

"Nine billion pounds lloyd's says that it's a longer term guidance meanwhile is maintained we're also getting through a figures for metro bank of smaller lender here in the uk third quarter revenue seventy eight point one million pounds ct one ratio at seventeen point four percent at this point heineken's third courts a conservative organic bay volume is by should save by two and a half percent versus the estimate of two point eight percent to a little bit of a of a disappointment there when we when we look at the full year view it remains unchanged though according to hina can also getting through figures from a duck japan on the japanese lender die was securities second quarter net income at thirty one point nine billion yen divest second quota overseas pretax profit three point eight billion yen versus the three point eight billion yen profit estimate so in in line with estimates that yeah let's take a look at how a futures are doing because you might want to watch some of those stocks at the european equity market opening just under an hour's time we saw equities stole in asia even in japan with japanese equities actually closing ever so slightly lower after a record run of gains for the nikkei looks like we could see europe open lower as well eurostoxx fifty futures down by one tenth of a percent footsie100 futures lower by twotenths percent the dax futures lower by almost two tenths of a percent cac forty futures however steady and finally going to take a quick check on commodity markets was seen wti crude down at two tenths of a percent at fifty two spot thirty four dollars a barrel brent crude a 58 spot thirty three fairly steady on that price but oil definitely keeping an eye on we'll talk more about it with oil really holding those gains near fifty dollars a barrel after us industry data showing gasoline stopped house declined opec also negotiating an exit strategy to output cuts alongside an extension of the deal and with gene metals lower copper heading lower after spiking yesterday when it comes to our top stories this morning we have.

lloyd japan pretax profit asia wti the deal uk heineken europe brent opec Nine billion pounds thirty four dollars one million pounds eight percent fifty dollars four percent
"billion pound" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

01:46 min | 3 years ago

"billion pound" Discussed on Bloomberg Radio New York

"Trying to go to bring financial inclusion in the lung nonregistered economies squad clutch and with the good policies they'd been coming in we were deceived incremental deposits from the outside the economy around five hundred billion pounds in eight months and the substantial so that is a lot to to bring in to make up for for that investors funds are good we'd like to give them stability and predictability and that's what we're trying to do now keeping how how do you make those more longer term right because you don't want to short dated flow you what we do because we have issued twice through and through our captive monks rice government we had our sovereign both three times oversubscribed with the first time it was fifteen billion dollars the second time it was on eleven billion dollars so now we have given the economy financial flexibility we have different sources and weak on the morning one and also our view gas fields it said securitisation products the economy now after fixing the monetary policy and after working on the fiscal discipline now it's a different story so you could not look yourself to just throw a treasury bills is giving you this is a big economy is a diversified we the bullet and put it on the right track so okay governor i mean it all sounds really really good so then i wonder if you're disappointed in moody's decision to keep egypt's rating and stable outlook because.

gas fields treasury bills moody egypt five hundred billion pounds fifteen billion dollars eleven billion dollars eight months
"billion pound" Discussed on BBC Radio 4

BBC Radio 4

01:49 min | 3 years ago

"billion pound" Discussed on BBC Radio 4

"University staff again have there pay limited to the universe is minister joe johnson is announcing the new policy this morning we'll hear from them in just a moment the first let's listen to louise richardson the vicechancellor of oxford university speaking to us yesterday and defending her salary in comparison to similar institutions around the world the operating budget of oxford today's 14 billion pounds if you look at their rankings and today's rankings you see all the top universities actually have recruited internationally and ibj that much my career in the us cambridge where salaries are at least three times what they are in the uk at cambridge imperial qing civil recruited from overseas so we operation at a global marketplace was shop johnson the investors minister is hair good morning to you good morning is she adding to much well let's be clear we're not proposing to cap pay levels will get into the business of governments setting pay in our universities what we're asking is that the new regulator the office for students requires that the sufficient transparency and openness apparent high pay is set at the most senior levels in our institution so we put an end to the spate of damaging headlines that we've seen over recent weeks in which very very high salaries have led even to resignations from within institutions this is bad for the really takes louise urged to deal with hundreds of thousands of pounds she says she's weather oxford university is worth it is she is it but we won't our institutions to be able to compete in a global market for talent and that's all you hear all you know such an account that people light louise rich them overpaid what i'm saying is that dr is there has been significant inflation in some institutions says she is remade to ensure that there is.

joe johnson oxford university us uk louise weather oxford university global market louise richardson cambridge cambridge imperial qing 14 billion pounds
"billion pound" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

01:53 min | 3 years ago

"billion pound" Discussed on Bloomberg Radio New York

"We check the markets for you every fifteen minutes here on bloomberg radio let's get into these fx markets fast we see the dullah hit a and we lower against the yen that happened in yesterday's session following news out of washington it is holding those losses dalian at one ten spot zero at nine if we look at eurodollar the euro stronger for a third day at one tenth of a percent one eighteen eighty four big questions as to where these currency crosses are going to go next because there are quite a few uh signals technical signals flashing the dollar might be oversold at the moment where's the euro might be to against certain crosses sterling pretty flat after losses yesterday one thirty one forty four keeping an eye on the aussie dollar as well adt tested the sessions low off to the rba cut its growth four costs but it since shrugged off that report from the rba for look at the aussie dollar it is pretty much higher now up threetenths percent seventy 79 seventy six look at what's happening in fixedincome markets the 10year treasury yields move low yesterday it steady today at two point two three percent we've got the european bond markets opening up there sao as well okay let's be breaking news on the bloomberg this morning foam rbs will bank of scotland secondquarter net interest income coming in a two point two four billion pounds as that spot on the estimate rbs his second quarter justed operating profit is one point six nine billion pounds us above the estimate we are also gonna be hey fomer rbs is cfo urine steven civilizational in the program just a snippet of what he's saying we announcing that we are in advance discussions with the dutch national bank about setting up a small european hub in amsterdam so that's the key to rbs in terms of other things breaking on the bloomberg german june manufacturing orders right is the one percent monthonmonth the estimate though was for only half of one percent gain we will have these shoora ahli.

washington rba bloomberg amsterdam fixedincome bank of scotland cfo one percent six nine billion pounds two four billion pounds two three percent fifteen minutes 10year
"billion pound" Discussed on BBC Radio 4

BBC Radio 4

02:06 min | 3 years ago

"billion pound" Discussed on BBC Radio 4

"Went to qatar and now a if the details of that deal that that have led us stock lays asu into cata twice in june two thousand eight and in later in october two thousand eight and these challenges relate to the signallers fundraisings barclays race seven billion pounds from qatar the charges of conspiracy to commit fraud and the most eyecatching want us at john valley the former chief executive of but claes who was chief executive throughout the financial crisis has been charged along with raja jenkins who was a a wellknown very colorful figure in the city for a while britain's best paidbanker thomas colares and other senior investment banker at barclays and richard both who at one stage was thought to be a whistle blower in relation to this fundraising this also a other charges six separate charges against volley and jenkins on separate counts and also another chaojie and svanen jenkins of unlawful financial assistance which an offence under the companies act we're waiting for more details from and barclays is expected to put out a statement shortly to the stock exchange but really the headline that will catch people's eyes at john valley one of the great figures of british banking has been charged in relation to that qatari fundraising and to put it in a broader context these are things that were done during the financial crisis when as you said all the british banks nearly all the british banks were looking for government money loyd's and robe of scotland took it from the uk government barclays in its leadership led by john values chief executive tung would desperate to avoid nationalization really hint of nationalization they they they literally stayed away from the talks wouldn't go to what will and went to qatar and slid i k we know say they are saying they're going to pay before london's westminster magistrate's court on july the third but from want you as saying earlier in your coverage of this this is the most serious end of what was parts of it is i think a lot of people thought that the company itself might plead guilty took to a some kind of corporate fraud or missed disclosure not disclosing correctly side payments of a made after the fundraising to qatar what this is all about is that qatar.

investment banker uk richard london tung scotland loyd stock exchange svanen jenkins barclays asu thomas colares britain financial crisis claes chief executive john valley fraud qatar seven billion pounds