i'm just hearing that boris johnson security adviser. i'm just hearing that borisjohnson has asked mark sedwill to lead a new g7 panel and also nominated him for a life peerage, so there is a reward for the past two years. but would it be fairto the past two years. but would it be fair to say that the prime minister's main adviser, dominic cummings, is particularly angry about the way whitehall is running at the moment and this would be part of his desire to bring the hard rain he was talking about two whitehall? i think dominic cummings' view that whitehall needs reform, that you need to look at different types of people to come in and work on the government machine, you might remember when he blogged about advertising for misfits and widows to come and work at the operation, thatis to come and work at the operation, that is well known. i think there will be a lot of speculation that this is all about number 10 trying to rework government, adding to that we know for example she will reshape the committee system. there may be resista nce

sir mark with boris johnson, but the figure painted in the background of dominic cummings, the chief adviser, the man who wants some creative destruction in government. has he won, do you think? i think there are multiple ways of seeing it and i think every has their way in the next few days. he has dealt under a lot of pressure, been through a lot with coronavirus and it may well be that he has felt pressure by boris johnson and dominic cummings, and having been through coronavirus, he actually wants a break or a different role. dominic cummings will be desperately trying to spin this is the fact that he has one, and we know michael gove has requested him in a big speech last night about how the conservatives wa nted night about how the conservatives wanted to remake civil service, trying to spin this as the tories rebuilding their image. to do that, michael gove and dominic cummings are very close, they will need to move and try and give the impression to the public that they are rebuilding how government works. andy, it is also the story unsurprising for many of the papers, the te

and a call between boris johnson and e.u. officials ends with the prime minister saying he sees no reason a brexit deal can't be reached by july. good morning, everyone. this is "bloomberg surveillance." tom and francine from london and new york. we will talk about what we are seeing in the markets, including some of the inventory supplies. the other stories u.k. data with the fact that there may be a way forward with brexit negotiations, and we look at all the fresh stimulus in the u.s. be interesting to talk to fatih birol. we will do that in a moment. it is interesting how oil for gin to the microeconomics

boris johnson state he didn't wa nt to you. boris johnson state he didn't want to see people getting raving drunk and the beer gardens onjuly four, but very upbeat message as we re four, but very upbeat message as were discussing a moment ago was sort of cautioned by the scientists there. who had a much more pragmatic approach. and i wonder how difficult it‘s been for the scientific advisers to be behind this easing? of course we can all see that the safer option on purely medical grounds and safety of the grounds would be to continue the lock down for weeks if not months. of course it would be. it doesn‘t take into account all the no guns both were health and the economy. at least the scientists do say we understand it‘s a political decision at the end of the day. but they were very keen to emphasise that this is, this does come with risk. he said i cannot say there‘s no risk, there is risk. that also brings to what was handed out oi’ also brings to what was handed out or warned today that we may well get secondary l

can boris johnson and all those who supported that slogan. can borisjohnson win back the confidence of the british public and, indeed, his own party at this point? to respond to your question and to what stryker was saying, i think you brought it can, actually. yes, there are people who will despair opposition parties, although interestingly not labour. explicitly stating that borisjohnson should ask for an extension. it is a weak issue for the labour party. you have to remember that that huge majority came from seats that have historically been held by the labour party in parts of the country that wa nted party in parts of the country that wanted brexit done, to quote the mantra from the government. the many people, brexit has been done, we left on the 31st of january in so many people's mines. this is the trade negotiation and the trade talks and, actually, despite a lot of the rhetoric around it, there are some small signs of progress and will on both sides, namely emanuel macron was in london and i think there may be a renewed push betwee

it's boris johnson doing press ups on the front page. echoes with an he's given to the paper where he is saying —— it goes with, despite still recovering from covid—19, he is now as fit as a bush because my dog and philippines. —— a bush's dog. full of beans. he has billions of plans to boost the economy, promising to create 10,000 extra prison places, rebuild schools. all of that —— about creating jobs for the workers, many of whom we think we will lose their jobs at the end of the furlough scream. very optimistic, very upbeat headline. —— furlough scheme. i think the key sentence is if we want to get to a world where we are as close as normal as possible, i don't wa nt close as normal as possible, i don't want a second lockdown. very much trying to take us back to a pre—cobit existence in the autumn —— pre—covid. a very optimistic outlook. the mail on sunday is saying the prime minister is signalling a clear break with the policy of austerity. politically, he has to, doesn't he? because of the people who voted

and boris johnson's new deal. the u.k. prime minister will commit to spending on infrastructure to rebuild the economy and a major policy speech today. good morning, everyone. this is "bloomberg surveillance." i'm francine lacqua, here in london. tom keene is in new york. we have some inflation data. this is important for the euro expected,ty much as from 0.3%. and weto the first half, go into the data that we see on wednesday. a shortened week in the united states come and the jobs report two days away on thursday. to me, all of it is superseded by a global virus update. there is a little bit of good news, but it is overwhelmed by the bad news, and this news out of hong kong, i thought steve engle and anna edwards' conversation with lord paren that lord patton was extorted very. response that we could see from washington will do well worth watching. lam just carrie finished a speech where she said freedom of the hong kong population -- it is unclear how china will interpret the new law that has been passed. coming up in t

the times says the uk prime minister, boris johnson, will try to reassure britons that it is safe to get out of the house and spend as non—essential stores open from monday, as the government tries to revive the country's battered economy. the daily telegraph says uk government scientists have told ministers that the two—metre social distancing rule can be dropped by businesses reopening after lockdown if they introduce other measures to reduce the spread of coronavirus. and the daily mirror says front line workers — what the paper calls britain's coronavirus heroes — could be rewarded with a palace garden party hosted by the queen. so, let's begin. susie and joe welcome to both of you. let's start with the ft and this is the story about prime minister borisjohnson this is the story about prime minister boris johnson being this is the story about prime minister borisjohnson being pressed to relax the two metre rule after the economy collapses 25%. susie, should we be doing that you restart the economy and giving at the boost it needs? that is the principal reason behind all t

and a call between boris johnson and e.u. officials ends with the prime minister saying he sees no reason a brexit deal can't be reached by july. good morning, everyone. this is "bloomberg surveillance." tom and francine from london and new york. we will talk about what we are seeing in the markets, including some of the inventory supplies. the other stories u.k. data with the fact that there may be a way forward with brexit negotiations, and we look at all the fresh stimulus in the u.s. be interesting to talk to fatih birol. we will do that in a moment. it is interesting how oil for gin to the microeconomics of this great contraction, whole -- how oil fits into the microeconomics of this great contraction. it is remarkable, francine, to see how the markets churn yesterday after you and i were justen we saw the fed simply come to the rescue. there is no other way to put it. francine: and the markets keep saying don't fight the fed. that was a good opportunity for market participants. expecting a 60 figure, better than expecte

boris johnson's the world over the last few months. borisjohnson's big the world over the last few months. boris johnson's big idea the world over the last few months. borisjohnson's big idea that he is coming up with over the next few daysis coming up with over the next few days is to spend on infrastructure and make it happen quickly. six months ago, during the general election in the uk, he talked a lot about this idea of levelling up between different parts of the uk, as if he means going to return —— make a theme he is going to return to this week for his vision for post lockdown recovery, talking about schools and roads and there is other infrastructure projects, but also making sure they can happen as quickly as possible, saying there needs to be an acceleration of these projects, setting up this none too su btly projects, setting up this none too subtly named port task force called project speed. there are numerous questions about how the economy is going to get back on its feet here in the uk. the labour party is particula

johnson, and boris johnson did not agree all the time we theresa may's position. now i am in the situation where boris johnson is disagreeing with his own position. i hope that in westminster, they will agree that once we decided to find a common solution, and to respect -- it has to be respected! it is the backbone of the agreement. and without a guarantee also of standards, it is not because one is here. i do not say which one is here, and the order is here, but then you have to lower down the safety, the security, and the guarantees. , well, we can is -- it's too late. catherine: looking at the eu's future, the 27 remaining member states, the cu recovery plan, this eu recovery plan, post-coronavirus, it is a plan pushed by france and germany, your two enormous neighbors, it would be mutual borrowing from all member states fofor grants to be given outcome of money given to member states worst hit by these pandemic. there has been pushed back from the so-called "frugal states," let's be honest, they are the richest state in the eu, calling for a high proportion o

and the british prime minister boris johnson commenting on the death of george floyd today let's have a listen to what he said in parliament and then get your reaction there after i know this is just a good read to begin by associating my so i absolutely with. the writer we don't have to say about the death of georgia. floyd and i think what happened. in the united states was appalling it was excusable we all saw it all our screens and i perfectly understand people's right to protest but what took place over the city i would say believe the protests should take place in a food and reasonable way and bear great the u.k. has its own problems with racism doesn't it. well i've spoken to many protesters here and asking them why they're coming and many young people that i've spoken to say that they feel 'd there is not the overt racism that they feel is visible in the u.s. but it's more subtle is what many said it's more institutional several told me that they feel that it starts at school that they're being treated differently that the expectations towards the bar not as high as towards th

coming up on the show, boris johnson steps back. will the meeting persuade either side to give ground in the search for a trade deal? we are live to brussels, next. this is bloomberg. ♪ ♪ manus: good morning from dubai. it is "daybreak: europe." your top stories. stocks fall on fears of a second wave of coronavirus infections. over 20 u.s. states see a pickup rate tokyo sees the most cases in weeks. continues itsy slow recovery. industrial output rises. the number falls short of estimates. retail sales, fixed asset investment still in contraction. back intoson steps the brexit fray and holds talks with the president of the european commission. 's retailers will open their doors for the first time in three months. it is interesting, the divergence we are seeing. fears of a second wave in the u.s. and china. reopening in parts of europe like france. what happened in equity markets in the past week, a weekly loss for the first time in four. you've got wells fargo and ing saying that the selloff was temporary, and andrew from morgan

former vice president joe biden job promising -- boris johnson promising but fdr -- boris johnson will commit to spending on infrastructure, but says what is needed is a government that puts its arms around people around the time of crisis. global news, 24 hours a day, on air and on quicktake by bloomberg, powered by more than 2700 journalists and analysts in more than 120 countries. this is bloomberg. thanks. really interesting day. let me start with a data check. we have got four balls in the air. jes staley to come up in moments with barclays. the data is simple. futures labs yesterday. solid bid to the market yesterday. nuances in the coverage about the difference of small caps versus what result in industrial cyclicals. no clue where that will be out the clues this afternoon. the key data point is the two year yield, you can take it up to two or four decibels. 0.15, we are beneath that. every tick is a big deal moving 0.20, 19, 18, 17 and down. we shouldone thing spend more time on is -- gaining ground. they could gain more ground as they have done in july and august, should there

based surrounded people's republic as did boris johnson who nevertheless expanded on u.k. serious concerns about china when we have serious concerns as a country we must i whether it's. the origins of of the protection of our critical national infrastructure or indeed what is happening in hong kong then we must feel absolutely free to raise those issues are loud and clear we've beijing and that is what we will continue to do that after johnson confessed to being assigned a file well labor when in power is catastrophic near liberal wars against countries when it is unhappy about them its leaders a guest star on wednesday wanted to promote new liberal means tested instead of universal school lunches to it would be to extend the national voucher scheme. because child poverty numbers are so high in this country 1300000 children in low income families rely on these foundations fabian children who can't go to school because of coronavirus restrictions still get free meals. the labor government in wales has said it will continue to fund these mills through the summer. yesterday t

boris johnson warns that the fight against racism could be undermined by a minority resorting to violence. the latest demonstrations today have been peaceful and the prime minister says the government can't ignore the anger and injustice felt by so many. you're right, we are all right, to say black lives matter. and to all those who have chosen to protest peacefully and who have insisted on social distancing, i say, yes of course i hearyou, i understand. but following some of the violent events of the weekend, there was a rather different tone struck by the home secretary. to the criminal minority who have subverted this cause with their thuggery, i simply say this — your behaviour is shameful and you will face justice. we'll have more on the government's response and we'll be reporting on the latest events in the us, where the protests started. members of congress have shown their solidarity with african—america ns following the killing of george floyd two weeks ago. prince andrew is embroiled in an increasingly bitter dispute with us prosecutors investigating his friend, the latejef

i certainly can see there being an internal challenge to boris johnson in a way that was unimaginable last december so many things are still to play for in this situation to start his job right now is to let it roll to be blunt and only when the pandemic comes towards a close and epidemiologists tell me that will be by late this year early next year come what may then. he will have to lay out his real school and people will lead to know where he sense but right now he doesn't need to do that too but when he does need to do that when he has the layout install what he says approach going to be on the hot potato or for the imagination to come up with policies from the host pandemic on the economy which are going to be fundamental the success of the next election. everything that we know of is being put on hold except apparently rexx it where the transition period is not going to be extended i'm still not entirely convinced that that is true i think that there will come a point where panic will 'd simply setting in the government about the consequences of continuing to pursue wrecks and w

the only policy is political movement political intervention boris johnson will win the next 10 days supposedly next week somehow even though only provide a link a talk to slough on the line the e.u. commission president and the council chief. and they will sort of they are supposed to assess the progress that has been made no progress has been made so the question is will boris johnson then indicate that he is willing to move somehow that he wants to continue the talks and that would make sense to continue the talks because to have all these $300.00 experts trade experts on both sides sit there for weeks and weeks on end and just sort of turn around in circles and sort of pour over the same material and say we can't agree on anything it is simply nonsense that it's politically not very effective so there has to be some movement and boris johnson that's what do you think is the one who has to sort of move 1st however as we know him as we have seen them and for in earlier breaks it negotiations he things the e.u. should blink 1st now it's the same game of chicken we've seen several ti

the pressure is getting quite intense on borisjohnson pressure is getting quite intense on boris johnson and his pressure is getting quite intense on borisjohnson and his government to get schools reopened. it has become political and you have pediatricians that i don't think they have ever written a letter like this before but it's also gotten political, we saw exchanges at prime minister's questions in the house of commons today with the prime minister seeking to somehow blame the labour opposition for not putting enough support behind the idea of getting the schools open but critics have said that while they were pouring millions into building new hospitals, many of which were never needed or temporary hospitals to deal with the crisis, there was nothing like the same sort of planning and expenditure to get educational establishments ready to deal with the extra numbers. i think people are scrambling around a bit 110w. people are scrambling around a bit now. a few small schemes around about perhaps private schools and those in the private sector. 0pening up those in the private sector

and boris johnson replied," christ!" it is such a striking crate. it does highlight the classic he is stocking at the moment, there is lots of horrible jargon that is coming out, the job apocalypse now, save some basics, the six ministers who are trained to rescue the summer and the idea that there will be a bloodbath injobs if they idea that there will be a bloodbath in jobs if they do not idea that there will be a bloodbath injobs if they do not reopen pubs, restaurants, bars, hairdressers, driving instructors, weddings, all of these things are on hold at the moment and having a cataclysmic effect on the economy and goodness knows, i have got a daughter who is just graduating now, during her final is at home, what the jobs market will be for her come the autumn, idread market will be for her come the autumn, i dread to think. it is absolutely catastrophic filly affected the economy and my say it is only going to get worse. rosamund, the impact on the nhs and terms of waiting list. according to the independent‘s front page, up to 10 million on an

ahead of a key speech tomorrow, forrest johnson has ruled that a return to austerity -- boris johnson has ruled out a return to austerity. meanwhile, the u.k.'s chief brexit negotiator will meet with his you opposite number in brussels today for the first time since march. it is six months until the end of the transition period. running is now is matthew goodwin from the university of kent. thank you so much for joining us. when you look at some of the downfalls of covid-19 and some of the insight that we got from boris johnson over the weekend, can the u.k. afford not to do austerity? and if they can come are they going about it the right way? matthew: thank you for having me. i think what we are about to see is really some more meat on the bone of what is johnsonism. at the earlier budget this year before the crisis, we began to see the big investments in infrastructure, the leveling of the agenda, the economic strategy behind the johnson premiership, and i think what we are going to see now is talk about a new deal for post brexit. adopting the language of roosevelt. we had that im

once again the european union is waiting for boris johnson once again he missed an important deadline and once again the british prime minister is taking his time johnson's government has until the end of june to decide when and under what circumstances his country will leave the e.u. britain has registered more than 2000000 unemployed since march the bank of england calls this the worst recession in 3 centuries is boris johnson teetering on the brink of a brig's a disaster stephen norman c.e.o. of british car manufacturer vauxhall recently commented. you know. michel barnier the e.u. representative in free trade talks with britain is losing his patience to the agreement should have been reached by the end of the year but now the talks have become so bogged down that a further postponement seems likely boris johnson could ask for an extension but time is set to run out on june 30th. if he doesn't apply for an extension it will result in a no deal brigs it with customs duties supply bottlenecks and another round of long debates in the british parliament. more talk to only hope he's exe

., and a call between boris johnson and e.u. officials. the prime minister's saying he sees no reason a brexit deal cannot be reached by july. we are just one hour under -- under one hour away from the start of cash equity trading in europe. taking a look at futures, we see decent gains here. i saw a moment ago over 3% for dax futures. dax futures are the biggest gains. ftse futures, 2.25 percent. u.s. futures, more than one person gains as well across dow jones s&p 500 -- dow jones, s&p 500, and e-mini futures. looks to be risk-on for tuesday for sure. anna? anna: let's have a look at what the data tells us about the u.k. economy just breaking. we are getting data on the state of the employment market. really interesting, bear in mind we get data for two periods, some of the most up-to-date data, the jobless claims number. that is for the month of may. and then we get the data for the month of april. in some cases, a three-month average ending in april. there is some unpacking to do in terms of the timing of all this. we have a jobless cl

now boris johnson possibly tried and jailed on the mainland. now borisjohnson is threatening to stimulate a mass exodus from hong kong by relaxing the visa rules for many with british overseas passports. he wrote in the times, if china imposes its national security law, the british government will change our immigration rules and allow any holder of these passports from hong kong to come to the uk for passports from hong kong to come to the ukfora passports from hong kong to come to the uk for a renewable period of 12 months and be given further immigration rights, including the right to work, which could place them on a route to citizenship. prominent young activists in hong kong are delighted, believing any threat to its future wealth is power. being in hong kong isn't about being pro—china or not, it's about being pro—china or not, it's about right and wrong, it's about how we can save hong kong as a globalfinancial how we can save hong kong as a global financial centre. china is outraged by britain's promise of a new home for hundreds o

boris johnson announced furth relaxation of virus lockdown measures in england. from saturday, single households in england can form a support bubble with one other household of a size. they can go to each other's houses, stay the night, and don't have to maintain social distancing. and on monday, all retail outlets in england are going to be allowed to reopen. weto were told the number of people who died from covid-19 has risen by 245, for a total of 41,128e have been killed by virus in the u.k.. virus lockdown's have been in place since mched when he third, and while the number of people dying from virus have -- has fallen, there remain questions about quickly the rules should be relaxed. and today scientists who shad the british strategyaian earlier lockdown in march could have prevented half of the deaths caused either virus. mp's asked professor neil f the right measure were taken at the right time. this was his reply. >> the measures, given what we knew about the virus, thend about its transmission, were warranted. certainly had we introduced them earlier,

a call between boris johnson and the e.u. officials. the prime minister said he sees no reason why a brexit deal cannot be done and reached by july. the e.u. council president reiterates a level playing field. nejra: japan's nikkei extending gains to 5%. we are seeing a reaction in the equity market. the fact that it will look at individual corporate bonds. it has a custom index it has put together and what it seems to have done is can away of a potential hurdle of companies that would have had to certify they were in compliance with restrictions outlined for the program. corporatehe fed's bond buying easier. manus: that credit backstop was the flamethrower that reignited the s&p 500. we have done a 5% round-trip. up 3% ond the board futures yesterday morning. here we are, of 1.6%. in terms of the downside. we have done 5%, round-trip. the question is, the corporate bond buying backstop that has been delivered, $1 trillion is what the japanese are promised in terms of pandemic doj response. $1 trillion in infrastructure is a booster to

boris johnson has found and they are caught out by this. borisjohnson has found it difficult to struggle with bad news and warnings. i think it undermines populace when you have people who need helping and saving that is difficult and complicated, restructuring emergency services and health services, these things and details are social democratic. it is what the state wants to do. it is actual delivery on the ground, tactical policies. that is a social democratic view on the whole, but one the coronavirus goes away, i think we may see a resurgence in in government, not necessarily to the left but social democratic, christian democrats, people who believe in practical government. polly mentioned brazil their but one could also think of ecuador with their health services in terms of coping with covid—i9. countries that may look for a strong governance but may look for a strong governance but may not necessarily look for strong civilian services. in some parts of the world, this will cause a reaction against democracy. we still do not know e

be pitched as a battle early in the week that it seems that the chancellor supporting boris johnson in supporting this and raining it in. and boris johnson has a gun to make that promise to people in hong kong with british overseas nationality that they may be able to come here which is part of this story. absolutely. we are too reliant on china. china is not our friend stop the idea that the government would even consider going ahead with allowing chinese companies to build critical parts of out companies to build critical parts of our infrastructure just because they put ina our infrastructure just because they put in a cheap bed strikes me as deeply worrying and there is a groundswell of opinion from tory mps but not just groundswell of opinion from tory mps but notjust the groundswell of opinion from tory mps but not just the tories, groundswell of opinion from tory mps but notjust the tories, that groundswell of opinion from tory mps but not just the tories, that we need to rethink our position and relationship with china, make it more transactional and make it clear to them th

french president emmanuel micron has met prime minister boris johnson in london to discuss the idea of any bridges between the 2 nations these would allow quarantine free travel to help revive the u.k.'s tourism industry well. the latest so recent emanuel has been to 10 downing street meeting boris johnson it's been a day hasn't absolutely the 2 leaders meeting in westminster firstly taking the opportunity to have those talks in downing street before merging to watch the red arrows fly over now this meeting was held in commemoration of the 80th anniversary of charles de gaulle the former french wartime leader at the liver in. a speech if you will to the french resistance fighters left. who are fighting against the nazi occupation now in the spirit of cooperation between the both sides they have been discussing in addition to issues like greggs it what to do about the call in to those that the u.k. have implemented now these cordon to move to see visitors to the united kingdom be made isolate for 2 weeks upon arrival but there's been much discussion about the establishment of averages w

the uk prime minister, boris johnson, orders right activists. the uk prime minister, borisjohnson, orders a review of the two metre social distancing role in england after calls to scrap it. remembering the 72 people who died in the grenfell tower fire. in london three years ago matt lucas and david walliams apologise for the use of blackface make—up in the comedy series little britain. tourists start returning to venice as restrictions are eased, but locals demand limits on numbers. hello and welcome if you're watching in the uk or around the world — and stay with us for the latest news and analysis from here and across the globe. our top story — there has been another night of unrest in the united states as racial tensions and anger at police brutality continue to grow following the killing of another black man, rayshard brooks, by police in the city of atlanta. police fired tear gas when protesters blocked a major road and set fire to a drive— through restaurant where the killing of rayshard brooks took place on friday. one of the two

that is the message from boris johnson. review of aing a two meters social distancing role as he tries to encourage consumers to grow and by nonessential -- to go and buy. they fear keeping the distance requirement will hurt businesses. atlanta has become the new focus of the nationwide black lives matter protest. that is after 27-year-old black man was fatally shot by two white police officers while fleeing during arrest late friday. the city's police chief resigned hours after the killing and the officer was fired. three dozen people were arrested after protesters set fire to the wendy's restaurant where the shooting took place. global news, 24 hours a day, on air and on quicktake by bloomberg, powered by more than 2700 journalists and analysts in more than 120 countries. anna. let's talk about these markets. risk assets start week on a new note as european and u.s. stock futures fall on the latest plandemic news and fall increasingly. the dollar climbed against major peers as investors gauge the second wave of coronaviru

and boris johnson announced july will see a dramatic lifting of britain's lockdown. the uk's top scientists were clear about the risks. the chief medical officer warning the public to plan for the long haul on the expectation the pandemic will persist at least until this time next year. georgina taylor from invesco asset management still with us. you take warnings like that, the impacts we have seen other u.k. economy. bank of america merrill lynch sees sterling behaving like an emerging market currency and the deficit will surge as high as 10% of duca economic output next year. that is a fairly bearish output on the pound. how bearish are you on the pound? georgina: we started to get more bearish. it was a very difficult currency to add into a portfolio because it felt as though it was trading on headlines and that is very difficult when you are trying to be a longer-term investor. as we have the negative exposure to sterling very recently, not only do we have the immediate sense of how we feel we can come out of this covid related crisis. brexit is still looming in

boris johnson there. we've heard from the french interior minister who addressed this in parliament yesterday. the clip you played a moment ago, it gives you an idea of the protests, the ones before yesterday in london and the ones in paris tuesday night are about black lives matter, are in sympathy with the united states but have touched a nerve in terms of the kinds of issues that people in the united kingdom, france, other countries face. we heard it here in the march on paris tuesday night, a sense that they are the targets of racism. the sense of impunity that they see in terms of the police ever facing justice when these sorts of incidents are -- and they are here as they are in the united states increasingly filmed. and it seems not often terribly successfully prosecuted. also timely, john, a word from the pope yesterday naming george floyd and they say this is something quite unusual, talking about the tragedy of his death, but also talking about the sin of racism and urging everyone to help brian

johnson: we will also reopen restaurants and pubs. >> hallelujah. johnson atrom boris 5 p.m. london time tonight. jeff, just kind of walk me through what kind of impact you think this will have on the british economy. the british economy is something ofa laggard, but the bank england seemed willing to act earlier than just about any other bank on the planet. about comment yesterday forhaving a balance sheet the longer term is in discussion right now as global balance sheets are expanding. about taxring increases. tighteningt physical going on. austerity is not happening -- tightening going on. austerity is not happening. boris johnson has been clear. but that is something to consider up ahead. was there is one argument i talking to somebody about last night that the british are being very cunning. they know if the ecb is going to continue to deliver policy like , the at the moment gravitational effects of that .ill keep gilt yields low there will also be a positive effect when it comes to cheaper currency and it's likely to make the same argument about the fiscal side. there

and we've just been prime minister is we've got boris johnson who kind of. capitalized on what the brics a party did and actually start part of the type of the unit. was successful in the end to naturally becoming prime minister. it has been a very very difficult process and this trade issue has always been a bit of a misnomer because any of the trade deals that you look tat have not been really appropriate for wa actually breaks it has been asking for let's tend to that and to what do you think that. well i think john's quite right it has been difficult but you know if it was one company and you were going to take over another company and then you found some you'll keep loizzo directives have gone behind your back and look strong to stop it we had a prime minister initially inmate who was not in favor of the bricks and we had a pro remain civil service and we had an ex prime ministers going on about trying to encourage the e.u. not to give anyway it's not surprising we've had her renders time and some would respect the democratic decision but on the other h

boris johnson said there is no reason why they shouldn't get a brexit deal done in july. however, u.k. has ruled out an extension. we have a political economist joining us, what is your sense of what is going on here? degree, is there any surprise in the idea that an extension is not forthcoming? i don't think so. what we are seeing is pretty much the same old story, different day. it feels like it's 2020 but it feels like it's 2018 all over again. the same issues are coming out. you can see that from the eu which is saying we wanted an agreement but not at any price. both want an agreement but there are stipulations and as we have seen for the last few years and we will continue to see for the next while, there are red lines that are still sticking points that will ultimately they will have to compromise on. eu andt sounds like the on the u.k. are not that far apart in trade talks. i literally don't know what that means anymore. can you help me with that? honestly, it's the political tone. it's been better in recent weeks. previously, we were told the full range of negot

what boris johnson has also been saying. over the last week or at least he said but these protests have been in his words hijacked by extremists intent on violence and what we've seen is that on the edges of these black lives much of protests generally very late in the evening into the early hours small groups have confronted it's been involved in confrontations with police including down there outside downing street the prime minister's residence objects have been thrown there have been scuffles and a number of police officers have be dangerous in that boris johnson has said that authorities intolerable will the mayor of london city can is also appealed now for the 1st time for people not to protest here in central london one of the reasons he says is because culvert 19 could be spread but he's also raise another fear that serve violence between protesters because on saturday what the black lives must agree puts a calling far right groups plan to meet here including here to defend winston churchill statues they've called of

prime minister boris johnson announces his plans to boost the economy off to the nationwide lockdowns but hits the government could increase taxes contrary to his election manifesto we hear from a tax expert and also full but liberal democrat leader summons cable it's simply i mean that the sun was in the room was ridiculously small in relation to the region . we didn't build. and adults as professional body is forced to apologize following its decision to go coronavirus a lifestyle disease we talked to a health expert. here at 7 channels i dodged other european union member states to follow its lead the country is using e.u. sanctions aimed at dimitri who runs the russia today news agency not despite the similarity in names egos other reports. the lottery has banned r.t. some 7 or r.t. channels on its soil this includes r.t. arabic r.t. spanish or r.t. documentary for instance but what is interesting is white because they didn't just slap a boiler plate reason like calling r.t. from and sponsored propaganda no they have said that while r t is headed by a man who is under european san

we know that boris johnson does often step back and let other people take charge of situations but i think with this one, it is pretty unusual for him to not have had a really direct role and handle of this crisis except of course when he was himself in intensive care with the virus. sivan what is your take on a? it comes back to the big extremity of the short —— boris johnson back to the big extremity of the short —— borisjohnson permission. we forget that he was the mayor of london and his approach was to delegate, hire talented underlings but the problem is the office of the prime minister in our system is quite underpowered in terms of its civil service machinery. the big question is can you take that governing style, implanted into downing street, and succeed? thus for the spirit doesn't appear to be producing very good results but it is early days. —— thus far the experiment. one tory mps said the shake—up was in order to break up decision—making. the mp says boris sessler cummings is there but he would take more direct control coming out of frustration after a

boris johnson apprenticeship, training or an in work placement. borisjohnson says he wants to put its arms around the parts of the country that feel neglected and unloved. some voters in those areas embrace the conservatives for the first time at the last election. if that is to turn into a longer lasting relationship that he knows he has to make good on his promise to deliver where other governments have failed. the prime minister promised a new deal, but there is not much that it is new and there is not much of a deal. we are facing an economic crisis, the biggest nhl oration, and the recovery needs to match that. what has been announced immense to less tha n what has been announced immense to less than 100 p per person and it is the re—enactment of many manifesto pledges and commitments. the re—enactment of many manifesto pledges and commitmentsm the re—enactment of many manifesto pledges and commitments. it is not enough. boris johnson clearly pledges and commitments. it is not enough. borisjohnson clearly thinks his new deal is a big de

and boris johnson's new deal. the u.k. prime minister will commit to spending on infrastructure to rebuild the economy and a major policy speech today. good morning, everyone. this is "bloomberg surveillance." i'm francine lacqua, here in london. tom keene is in new york. we have some inflation data. this is important for the euro expected,ty much as from 0.3%. and weto the first half, go into the data that we see on wednesday. a shortened wee t

and france after that it was to downing street for talks with boris johnson the british prime minister not about brics it's because the french position is that those talks have to be done by the european commission but it inevitably really about the virus attempts to try to make it easier with the summer here for french people to come to the u.k. and for british people to go to france of course rule about blood has been between france and the u.k. in the last couple of years over the brits in the go see asians that wasn't really on the table in any substantial way it was very much about shared ties very much about on told. still to come on al-jazeera he has a new president after a constitutional crisis caused by the death of his predecessor. and measuring up to the to me to rule the u.k. considers reducing its social distancing. but. how welcomes another look at the international focus whether slushy dry across much of australia but we have got a little area of cloud are rolling through the bite some blustery showers coming in across south australia easing over towards the southeast in

boris johnson's government was elected on an express promise to what he called level up provide vast amounts of financial support to the left behind communities around the u.k. like this and that was in december before the virus even came here all that's done is to massively amplify enormous problems that were already there many of these places don't even have a railway line connecting them to the big cities but even if that's what the government side via of infrastructure spending looks like it's directly at odds with what the rhonda says it really needs which is a new sustainable local economy to replace the one that disappeared we've suffered in the past where jobs have been created by large companies are coming in and taking grants and exploited no wage labor and then up sticks and left as soon as the economic conditions change if we would be able to invest in people owning their own businesses in the form of cooperatives people actually own in the means of production then they're more likely to stay in these communities and i see no reason at all why government can't be investin