:00:00. > :00:00.This is Business Live from BBC News with Sally Bundock and Rachel Horne.
:00:00. > :00:07.The United States pulls out of what could be one of the world's
:00:08. > :00:10.biggest free trade deals, but Australia and New Zealand
:00:11. > :00:13.says that doesn't mean its dead in the water.
:00:14. > :00:15.Live from London, that's our top story
:00:16. > :00:36.The Trans-Pacific Partnership was set to cover 40%
:00:37. > :00:49.Will the other 11 nations go ahead without the US? Or can it be
:00:50. > :00:52.replaced by bilateral deals that Donald Trump says he wants?
:00:53. > :00:57.despite corruption allegation and exploding phones, Samsung
:00:58. > :00:59.records its highest quarterly profit in four years.
:01:00. > :01:05.And we'll be getting the inside track on the wearable
:01:06. > :01:07.tech which doesn't just track your heart rate
:01:08. > :01:23.but also tells a woman when she's at her most fertile.
:01:24. > :01:26.When you listen to music do you think about the performer?
:01:27. > :01:31.As Jay Z sells a stake in his artist led music streaming service, Tidal,
:01:32. > :01:35.we want to know, do fans care about the artist or the access?
:01:36. > :02:02.Thank you already for those of you who have tweeted about Jay-Z,
:02:03. > :02:08.nothing we can say out loud on the BBC, so send in some comments we can
:02:09. > :02:10.read out! Let's first of all start with what is going on in terms of
:02:11. > :02:10.global trade. The United States are out,
:02:11. > :02:13.but Japan, Australia and New Zealand say their big free trade deal
:02:14. > :02:20.can go ahead anyway. The Trans-Pacific Partnership
:02:21. > :02:23.was aimed at boosting the economics of 12 nations around
:02:24. > :02:34.the Pacific Ocean. But the new US President Donald
:02:35. > :02:37.Trump has used his first working day in the White House to sign
:02:38. > :02:40.an executive order pulling The Trans-Pacific Partnership
:02:41. > :02:43.covered about 40% of the world's economy and could
:02:44. > :02:45.have added $100 billion That was what they said and
:02:46. > :02:53.predicted. It was signed by 12 nations
:02:54. > :02:55.in the Pacific area at a ceremony in New Zealand
:02:56. > :03:00.last year. The painstaking negotiations
:03:01. > :03:04.took seven years, but one reason implementation
:03:05. > :03:07.was delayed was the failure China was the biggest
:03:08. > :03:17.economy to not be included, and it was widely viewed
:03:18. > :03:20.as a way to cement trade relations without
:03:21. > :03:25.Beijing's influence. now wants to negotiate trade deals
:03:26. > :03:35.on a country-to-country basis, with a 30-day cancellation clause
:03:36. > :03:40."in case somebody misbehaves". Here's what he said
:03:41. > :03:47.about the withdrawal. We have been talking about this for
:03:48. > :04:06.a long time. OK. A great thing for the American
:04:07. > :04:08.worker, what we just did. That was the President of the United States,
:04:09. > :04:09.Donald Trump. With me is Savita Subramanian,
:04:10. > :04:12.head of US equity and quantitative strategy at Bank of America
:04:13. > :04:19.Merrill Lynch Global Research. You've got a longer title than he
:04:20. > :04:23.has! Let's go back to basics, why has Donald Trump polled the US out
:04:24. > :04:28.of this deal? I think he just said it, it is about US jobs, and he is
:04:29. > :04:34.wasting no time in fulfilling some of his campaign promises to create
:04:35. > :04:38.US jobs growth. So I think that, you know, President Trump is focused on
:04:39. > :04:44.the US worker, he is focused on bringing back jobs to the US, and
:04:45. > :04:48.the TPP represented a threat to the average US worker. I think this is
:04:49. > :04:52.another example of a policy that is good for the mainstream, not
:04:53. > :04:56.necessarily good for Wall Street, because if you think about the US
:04:57. > :05:00.stock market, most of them are multinational companies that have
:05:01. > :05:06.expanded margins from off shoring their businesses and setting up
:05:07. > :05:11.facilities overseas. But I think that Trump's motivation and input is
:05:12. > :05:16.here is jobs growth, that is what he is focused on. And is that the
:05:17. > :05:19.feeling, that it will work? We had figures last week suggesting a huge
:05:20. > :05:24.proportion of the jobs that America has lost in recent years are due to
:05:25. > :05:34.automation, machines - rather than outsourcing to other countries. It
:05:35. > :05:37.is a complicated problem, and the thread of global overtaking the US
:05:38. > :05:41.is not the only reason that jobs have gone awake in the US. Man has
:05:42. > :05:46.been replaced by machines in many industries, which is inherently
:05:47. > :05:49.deflationary, but I think what the administration is focused on at some
:05:50. > :05:54.level is creating some healthy inflation which, you know,
:05:55. > :05:59.protectionist policies generally, initially, inflationary, and good
:06:00. > :06:04.for the economy. The risk is, we import a little under $500 billion
:06:05. > :06:11.worth of goods from China. Our economy is made up, 15% of it, is
:06:12. > :06:15.exports. So the risk is that, will this cramp growth down the road? It
:06:16. > :06:19.is good for wage inflation and the US consumer, it creates confidence,
:06:20. > :06:23.but will it actually hurt growth down the road? That is what we are
:06:24. > :06:29.more worried about from the market perspective. One of Obama's main
:06:30. > :06:33.drivers with the TPP was to try to encourage American influence in this
:06:34. > :06:38.region, and China was not included. Is Donald Trump running the risk of
:06:39. > :06:42.being like the bride who leaves her groom at the altar, everyone else
:06:43. > :06:45.has stepped forward, they are ready to sign the deal, and when he
:06:46. > :06:48.doesn't turn up, in terms of damaging relationships with other
:06:49. > :06:54.countries and leaving a gap for China to come in, is that a concern?
:06:55. > :06:59.I'm not a political historian or political economist, but I think
:07:00. > :07:02.that, you know, certainly the rationale for TPP initially was to
:07:03. > :07:08.sort of prohibited that thread. I think, from a market perspective,
:07:09. > :07:09.what this represents is risk to multinationals, and it is probably
:07:10. > :07:15.too soon to say whether the other too soon to say whether the other
:07:16. > :07:22.countries can bind together and create a realistic and powerful
:07:23. > :07:27.union amongst themselves if the US is neglected from it and we try to
:07:28. > :07:32.negotiate one-time deals, if we have enough negotiating power, this could
:07:33. > :07:35.work. OK, thank you very much for joining us.
:07:36. > :07:41.Let's have a look at some other stories.
:07:42. > :07:48.Shares in BT have fallen by 15% on the news it has taken a hit of
:07:49. > :07:50.around $180 million after uncovering inappropriate accounting behaviour
:07:51. > :07:54.at its Italian division. The telecoms giant said
:07:55. > :07:56.an internal review had found a complex set of improper sales,
:07:57. > :07:58.purchase and leasing transactions. BT has now cut its revenue,
:07:59. > :08:01.earnings and free cash flow forecasts for this year
:08:02. > :08:06.and next year. So shares in London down by 15% on
:08:07. > :08:10.that story. Yahoo has posted a 15% rise
:08:11. > :08:13.in revenues to nearly $1.5 billion for its fourth quarter,
:08:14. > :08:16.compared to the previous year. is being investigated by the US
:08:17. > :08:20.Securities and Exchange Commission Yahoo is in the process
:08:21. > :08:30.of being bought by US telecoms giant Verizon
:08:31. > :08:32.for about $4.8 billion but has now
:08:33. > :08:34.said the deal won't be completed until at least the second
:08:35. > :08:36.quarter of this year. And back to South Korea,
:08:37. > :08:40.where LG Display is also doing well. It reported a record fourth-quarter
:08:41. > :08:43.operating profit of just over $778 million due to
:08:44. > :08:46.a pick-up in panel prices. The world's biggest liquid-crystal
:08:47. > :08:49.display maker said the profit was caused by the upward trend
:08:50. > :09:08.of panel prices and We have covered Samsung a lot on
:09:09. > :09:11.this programme recently, and for all the wrong reasons, including
:09:12. > :09:15.exploding phones and corruption claims surrounding the boss of the
:09:16. > :09:20.firm. Today we have some good news, because despite all of that, the
:09:21. > :09:25.electronics giant, that side of the business, saw profits jump by $7.2
:09:26. > :09:29.billion in the last three months of last year. Mariko Oi is in
:09:30. > :09:38.Singapore, I bet they are breathing a temporary sigh of relief, for now
:09:39. > :09:41.at least, at Samsung. Indeed, Sally, I think it is fair to say that not
:09:42. > :09:43.many were expecting such strong numbers, but Samsung managed to more
:09:44. > :09:49.than double its operating profit in the last three months of last year.
:09:50. > :09:53.And that is because it is important to remember that Samsung doesn't
:09:54. > :09:57.just make smartphones, we have been talking about the exploding
:09:58. > :10:02.batteries of the galaxy note seven, but Samsung also makes chips, as
:10:03. > :10:07.well as panels, and its semiconductor unit did very well,
:10:08. > :10:12.and it contributed more than half of the company's quarterly profit, and
:10:13. > :10:17.when it comes to smartphone profits, while consumers' trust has not been
:10:18. > :10:22.restored yet, some of them started buying cheaper Galaxy phones, which
:10:23. > :10:25.helped their profit as well. Challenges still remain, including
:10:26. > :10:31.the corruption scandal surrounding the company's boss. Thank you very
:10:32. > :10:35.much, Mariko, that is the latest on Samsung.
:10:36. > :10:42.In Japan, the markets down, weak dollar, strong yen, do I need to say
:10:43. > :10:47.it again? This is how things are going generally, the Dow Jones a
:10:48. > :10:52.little bit flat, but not far off that 20,000 mark. A bit further away
:10:53. > :10:56.than it was a few weeks ago. A bit of a disappointment about Trump in
:10:57. > :11:00.terms of not enough news about pushing growth, pushing jobs to the
:11:01. > :11:07.US. Let's look at Europe, treading water to a degree at the moment, we
:11:08. > :11:11.have mentioned BT, down in London for very specific reasons, but
:11:12. > :11:17.everyone keeping an eye on the pound and the Supreme Court decision,
:11:18. > :11:20.which is due in about 50 minutes' time, that is about whether
:11:21. > :11:25.Parliament will get a say on the triggering of the Brexit
:11:26. > :11:29.negotiations. News out of France about services sector manufacturing,
:11:30. > :11:34.a bit of a drop-off in manufacturing sector in France, but still showing
:11:35. > :11:35.growth. Let's look ahead to the US, Samira Hussain is on Wall Street
:11:36. > :11:39.today. America's number one
:11:40. > :11:41.wireless carrier, Verizon, will be reporting earnings and it's
:11:42. > :11:49.expected to report yet another decline in quarterly
:11:50. > :11:50.revenue, but analysts, will be eager to hear about any
:11:51. > :11:53.updates to Verizon's deal to purchase Yahoo
:11:54. > :11:56.and whether the recent data breaches Lockheed Martin, the Pentagon's
:11:57. > :12:00.number one weapons supplier, is expected to report a rise
:12:01. > :12:05.in fourth quarter revenue helped by higher sales
:12:06. > :12:07.from the F-35 programme, but it's that programme that drew
:12:08. > :12:10.fire from President Trump Interestingly,
:12:11. > :12:15.the head of Lockheed Martin was one of a dozen business leaders
:12:16. > :12:18.that met with President Trump at the White House on Monday
:12:19. > :12:21.discussion tax reform for corporations and reducing
:12:22. > :12:42.regulations that impede Thank you, Samira. Joining us is
:12:43. > :12:46.Jeremy Stretch, we wanted to start with Turkey, Crete interest rate
:12:47. > :12:51.decision due in a couple of hours, and there is a real conflict between
:12:52. > :12:55.the government calling for interest rates to be dropped to encourage
:12:56. > :13:00.spending, an economist saying, no, we need to curb inflation, give us
:13:01. > :13:05.the figures. Inflation is running just above 8.5%, the central bank
:13:06. > :13:09.target is 5%, and it is going up because of the fall in the currency,
:13:10. > :13:14.it has fallen by 6% against the dollar already this year. We have
:13:15. > :13:17.commodity price pressures as well, which are amplified when you
:13:18. > :13:21.translate them into Turkish prices. So inflation moving and very
:13:22. > :13:26.dramatically. That should mean interest rates will go up, even by
:13:27. > :13:28.at least 1% today, but the government is saying something
:13:29. > :13:31.completely different, putting a great deal of pressure on the
:13:32. > :13:36.central bank governor, so the independence of the central bank is
:13:37. > :13:40.really under threat, just adding to the uncertainty for international
:13:41. > :13:44.investors. This is the government of President Erdogan, which is one type
:13:45. > :13:49.of leadership, but just to say that Turkey, we are familiar with all the
:13:50. > :13:57.headwinds, mostly geopolitical. Indeed, we have seen a substantial
:13:58. > :13:58.deterioration in the economic backdrop, irrespective of the
:13:59. > :14:01.currency movement, a substantial fall in GDP in the third quarter,
:14:02. > :14:06.and with the falling currency, the weakness of the economy, it really
:14:07. > :14:08.does and align the febrile atmosphere in the country, when of
:14:09. > :14:12.course you have the inherent political risk which is making
:14:13. > :14:15.investors and stable beyond just the economic dynamics. Another big
:14:16. > :14:19.announcement this morning which could impact the markets is the
:14:20. > :14:23.decision on whether or not the UK Government can go ahead with Brexit
:14:24. > :14:27.from the High Court, what sort of reaction do you think the markets
:14:28. > :14:30.are going to have to that? After the speech from the Prime Minister last
:14:31. > :14:35.week, you could argue that these events have been somewhat
:14:36. > :14:37.superseded, but that is not totally the case, because they could be a
:14:38. > :14:41.risk that the devolved parliaments are going to be given some degree of
:14:42. > :14:45.say by the Supreme Court. If that were the case, the old Brexit
:14:46. > :14:49.timetable could be thrown out of kilter somewhat, and accordingly
:14:50. > :14:52.that March 31 deadline that the Prime Minister has self-imposed
:14:53. > :14:56.would potentially be under threat, so that would push the whole hard
:14:57. > :15:00.Brexit story further into the long grass and could encourage a sterling
:15:01. > :15:05.rally. Because Scotland and Northern Ireland, Wales as well, all saying
:15:06. > :15:09.they don't want Brexit, and that would be their opinion if they were
:15:10. > :15:13.given the opportunity by the Supreme Court. Of course, but not only that,
:15:14. > :15:17.the picture is even more complicated in Northern Ireland because of the
:15:18. > :15:22.upcoming election, so that delays the process even further. If there
:15:23. > :15:26.were a role for the devolved parliaments, that throws the
:15:27. > :15:30.timetable into doubt. If not, if we are merely left with saying, we're
:15:31. > :15:34.going to go back to Parliament and the Government puts in a short bill,
:15:35. > :15:38.pushing through with it quickly, than the market reaction should be
:15:39. > :15:43.relatively modest, but it is a case of the devil in the detail this
:15:44. > :15:47.morning. OK, Jeremy Stretch, thank you for joining us this morning.
:15:48. > :15:53.You're with Business Live from BBC News.
:15:54. > :16:01.And now a look at some of the stories from around the UK.
:16:02. > :16:05.We have mentioned the Brexit and the Supreme Court ruling.
:16:06. > :16:07.Dixons Carphone, Britain's largest electricals
:16:08. > :16:12.and mobile phone retailer, beat forecasts for Christmas trading.
:16:13. > :16:16.The group's chief executive officer, Sebastian James, joins us now.
:16:17. > :16:23.Thank you for making the time to see us. I'm sure you're pleased to see
:16:24. > :16:29.us given the results you've issued. Why do you think the results went
:16:30. > :16:32.up? Christmas has become promotional trading. Since Black Friday took
:16:33. > :16:37.off, it is about can you put fantastic deals in front of
:16:38. > :16:40.customers. Because we're big and we plan this a year ahead, we put
:16:41. > :16:45.ground-breaking offers in front of people and I think they reacted well
:16:46. > :16:50.to that. It is about pricing, isn't it? With sterling weakness, are you
:16:51. > :16:55.poised to put your prices up because you will be forced to, frankly? We
:16:56. > :16:58.are a bit different to other industries because our products
:16:59. > :17:04.actually deflate over time. So the same TV, next year is likely to cost
:17:05. > :17:07.than it did this year. On the other hand new technologies come in and
:17:08. > :17:13.they are not really comparable. Although it is a mathematical truth
:17:14. > :17:17.that it will take more pounds to buy more dollars and therefore the kit
:17:18. > :17:21.that we buy, I don't think it will feel inflationary to our customers.
:17:22. > :17:23.You said that generating a successful Christmas means planning
:17:24. > :17:27.from January. Have you started planning from now and are you going
:17:28. > :17:30.to stick to Black Friday? We have seen lots of companies, some big
:17:31. > :17:34.named companies who didn't get involved this year, it did well for
:17:35. > :17:38.you this year, but is that something that's going to continue to be part
:17:39. > :17:43.of your strategy? Yes, we definitely think it is. We love Black Friday.
:17:44. > :17:49.We plan it well ahead. We work closely with our suppliers and we do
:17:50. > :17:52.huge volumes during Black Friday. We sold a Dyson cordless hoover every
:17:53. > :17:56.five seconds during our Black Friday period and it is a promotion that we
:17:57. > :18:01.love. For now, thank you for your time,
:18:02. > :18:05.the boss of Dixons car phone. That's a company that is doing well. Good
:18:06. > :18:09.results. Two companies that have come out with bad thus that have hit
:18:10. > :18:15.markets, BT and easyJet. We've mentioned BT. EasyJet though, its
:18:16. > :18:19.shares dropping 7%. It has warned again about its profits being hit by
:18:20. > :18:25.the weakness of sterling. EasyJet had to warn before today and another
:18:26. > :18:28.warning coming through from the low-cost carrier. More news on our
:18:29. > :18:35.website. Australia and New Zealand have said
:18:36. > :18:41.they believe a big free-trade deal, which America's President Trump
:18:42. > :18:43.has just abandoned, The Trans-Pacific Partnership
:18:44. > :18:47.would have covered about 40% of the world economy if all 12
:18:48. > :19:03.signatories had gone ahead. Will the 11 go ahead regardless? The
:19:04. > :19:08.markets are threading water. Pretty flat. Some sharp movements from
:19:09. > :19:12.companies like easyJet and BT, but keep a close eye on London and the
:19:13. > :19:14.pound sterling as we get that result from the Supreme Court which is due
:19:15. > :19:18.in about 40 minutes. Now let's get the inside track
:19:19. > :19:20.on the wearable tech You can use devices to track
:19:21. > :19:26.everything from physical activity to sleep and exposure
:19:27. > :19:28.to sunlight, and it's women are the leading consumers
:19:29. > :19:34.in the wearable-tech health space. The wearable tech market
:19:35. > :19:40.exceeded $2 billion in 2015, 61% of all devices in
:19:41. > :19:48.the wearable tech market are health trackers,
:19:49. > :19:53.and women make up most users. Ava Fertility is one company hoping
:19:54. > :19:58.to take advantage of these numbers. So they have developed
:19:59. > :20:01.a bracelet that tracks a women's fertility simply
:20:02. > :20:04.by monitoring heart rate. The company claims it can detect
:20:05. > :20:22.fertile days in a women's menstrual Joining now is the co-founder and
:20:23. > :20:27.Chief Executive of the firm Ava Science which makes the tracking
:20:28. > :20:33.device. She has got it on. You were just looking at it. So what's so
:20:34. > :20:37.special about this device? Ava is really the first wearable device
:20:38. > :20:41.that you can use to track your menstrual cycle. So far, when a
:20:42. > :20:47.woman wanted to track her menstrual cycle, she had to, you know, pee on
:20:48. > :20:50.sticks ten times a month and get up to take her temperature and it was
:20:51. > :20:54.really difficult and really inaccurate and now we've solved this
:20:55. > :20:59.with a wearable. Just hold it up to the camera, Ava, so the viewers can
:21:00. > :21:03.see it. My first thought was, are you going to wear that? It is an
:21:04. > :21:07.obvious sign to everyone around you that you're trying to make a baby
:21:08. > :21:11.and for a woman, a career woman, that maybe not the signal you want
:21:12. > :21:17.to give to your bosses? Ava is only worn during the night. So you only
:21:18. > :21:20.wear it while you're sleeping and during the nine it tracks
:21:21. > :21:25.parameters. What you do is really simple. You wear it and in the
:21:26. > :21:30.morning you sync with your phone and you have all the information on your
:21:31. > :21:34.phone. This is an emotive area, people trying for a baby. Sometimes
:21:35. > :21:37.they can feel vulnerable and they will try anything to make it work.
:21:38. > :21:41.What scientific evidence have you got to try and back up your device?
:21:42. > :21:48.So, really, our researcher is the core of what we're doing as a
:21:49. > :21:53.company. We have finalised a first clinical study in Switzerland where
:21:54. > :21:56.we can show 89% accuracy. We are running our second clinical study
:21:57. > :22:02.and to further improve the results and to broaden the scope of the
:22:03. > :22:05.product. And venture capitalists are backing you, you've raised $10
:22:06. > :22:12.million, you're established in the US. Thousands have bout this device
:22:13. > :22:17.and you're launching in the UK and Europe. Tell us what else can it
:22:18. > :22:22.tell you? Can it tell you for example what sex for example? That
:22:23. > :22:26.kind of thing? Rachel and I have got six boys between us! You were really
:22:27. > :22:31.successful in doing what we're doing! It doesn't tell you that,
:22:32. > :22:34.does it? That's just a mystery? T-actually is a mystery. At the
:22:35. > :22:41.moment there is no research how you can determine the sex of your baby,
:22:42. > :22:46.but really Ava is helping you to not only detect your fertile days, but
:22:47. > :22:51.gives you insights in other health per ram terse and it helps you
:22:52. > :22:55.understand how you sleep and your stress levels and the hormonal
:22:56. > :22:59.changes during your menstrual cycle, if you want to understand what signs
:23:00. > :23:03.your body is sending you all the time. Very fascinating. Thank you
:23:04. > :23:08.for coming in. Lots of interest in there I'm sure.
:23:09. > :23:11.Here is how to keep in touch with us.
:23:12. > :23:15.The Business Live page is where you can stay ahead with all the day's
:23:16. > :23:19.breaking business news. We'll keep you up-to-date with all the latest
:23:20. > :23:23.details with insight and analysis from the BBC's team of editors right
:23:24. > :23:31.around the world. And we want to hear from you too. Get involved on
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:23:39. > :23:53.on Facebook. Business Live on TV and online whenever you need to know.
:23:54. > :24:01.So far the tweets we've received from you about Jay Z and Tidal, we
:24:02. > :24:07.can't say out loud because they are too rude. Near negative. Tidal was a
:24:08. > :24:13.music streaming service launched at the same time as others like
:24:14. > :24:18.Spotify, but it was regarded as a vanity project for Jay Z and
:24:19. > :24:22.Beyonce. You got Beyonce's music and that was the reason to do it, but it
:24:23. > :24:26.was a bit of a flop commercially and it was losing $28 million, it
:24:27. > :24:29.claimed it had three million users and Spotify has 40 million users and
:24:30. > :24:35.most people thought it only had about one million. They pitched it
:24:36. > :24:40.as this is the artist leading the way here, we're fighting against
:24:41. > :24:45.Spotify that's ripping us off? Artists hate Spotify. It is hard to
:24:46. > :24:50.get money ot of Spotify unless you get millions of plays. Lots of
:24:51. > :24:53.artists including Taylor Swift have gone away from Spotify claiming it
:24:54. > :24:57.doesn't pay them enough. The viewers are not bothered anyway? No, I don't
:24:58. > :25:06.think they are. What they want is cheap music. They just want the
:25:07. > :25:11.songs. And preferably for free. Let's talk about a Happy Meal? A-guy
:25:12. > :25:15.charged with reviving McDonald's in the States is a Brit who did very
:25:16. > :25:20.well turning around McDonald's ten or 15 years ago. He brought in the
:25:21. > :25:24.fresh food and the better coffee and he was promoted by McDonald's to do
:25:25. > :25:31.the same thing in America two years ago, he replaced a guy called Don
:25:32. > :25:35.Thompson. One of the things he does is does an all-daybreak fast. It
:25:36. > :25:45.hasn't really worked. Sales are down 1.3%. Wow.
:25:46. > :25:50.Give him time. That's it from Business Live. There will be more
:25:51. > :26:04.business news throughout the day. See you soon. Bye-bye.
:26:05. > :26:09.Good morning. We've had contrasting weather
:26:10. > :26:14.conditions so far today. It has been mild and cloudy to the north and the
:26:15. > :26:18.west, but fog still an issue, not as widespread as yesterday. However, in
:26:19. > :26:22.one or two spots it may linger for much of the day and if that happens,
:26:23. > :26:23.well then, temperatures will struggle