16/05/2017 World Business Report


16/05/2017

Similar Content

Browse content similar to 16/05/2017. Check below for episodes and series from the same categories and more!

Transcript


LineFromTo

The US State Department has accused Syria of building a crematorium to

:00:00.:00:00.

burn victims in prison. Now it's time for

:00:00.:00:08.

World Business Report. Brexit means what in

:00:09.:00:17.

the UK general election? The Labour Party

:00:18.:00:21.

unveils its manifesto - And is this the doctor's

:00:22.:00:23.

surgery of the future? We'll be visiting a Californian

:00:24.:00:30.

start-up which says it has the recipe for

:00:31.:00:33.

preventative healthcare. Lots more in the programme including

:00:34.:01:01.

news from Ford of significant job losses.

:01:02.:01:03.

Today the UK's Labour party will release its manifesto ahead

:01:04.:01:05.

Although the formal announcement is expected in a few hours time,

:01:06.:01:10.

last week a leaked copy of the document revealed Labour's

:01:11.:01:13.

plans to scrap the government's existing white paper

:01:14.:01:15.

The Conservative manifesto is expected in the next few days.

:01:16.:01:21.

So where do the two parties stand on Brexit?

:01:22.:01:26.

The Labour Party favours managed migration,

:01:27.:01:31.

but will stop short of committing to

:01:32.:01:33.

unlike the Conservatives which has pledged to limit net migration

:01:34.:01:38.

Jeremy Corbyn's Labour Party says it wants to retain the benefits

:01:39.:01:45.

of the European Single Market and will negotiate on that basis.

:01:46.:01:48.

By contrast, Theresa May's Conservative paper has suggested

:01:49.:01:51.

it is prepared to take the UK out of the Single Market if necessary.

:01:52.:02:00.

Labour has also rejected the idea that Britain can leave

:02:01.:02:05.

the European Union without first agreeing a formal trade agreement.

:02:06.:02:07.

Meanwhile, Theresa May's says "no deal is better than a bad deal".

:02:08.:02:22.

head of the London Chamber of Commerce and Industry.

:02:23.:02:35.

Welcome to you both. Clearly the UK general election is the focus here

:02:36.:02:48.

and Brexit is one of the main issues voters will be thinking about. Give

:02:49.:02:54.

us your take on how important the election is for the Mac

:02:55.:03:02.

negotiations? I think the fact that Theresa May is basically putting her

:03:03.:03:08.

job on the line and is organising a general election means there is some

:03:09.:03:14.

willingness on the UK side to compromise and to actually get to a

:03:15.:03:22.

good deal on the Mac and my experience in Brussels, judging from

:03:23.:03:28.

what negotiators and EU officials have said, I do not think there is

:03:29.:03:34.

so much of a negative stands. I think there is a lot of goodwill to

:03:35.:03:39.

make this happen as smoothly as possible. With the French election

:03:40.:03:45.

out of the way and the German election not so far away, it is all

:03:46.:03:50.

about domestic politics at the moment? Yes, of course, but people

:03:51.:03:58.

like Angela Merkel and Emmanuel Macron, I do not think we should

:03:59.:04:02.

expect them to really complicate things. The real chance to get

:04:03.:04:10.

Brexit smoothly is time. Both sides have to agree the terms of Britain's

:04:11.:04:19.

except in two years and how the status of Britain will look like

:04:20.:04:47.

afterwards. Some trans -- some the chamber of commerce and industry is

:04:48.:04:51.

trying to get the voice of business in this election. What do you make

:04:52.:04:57.

of what you hear from Labour and the Conservatives? Our members really do

:04:58.:05:03.

want a transition period. Time to make sure we do not fall off a cliff

:05:04.:05:10.

in two years time. Both parties will talk about what that period will

:05:11.:05:17.

look like what will be in there because that is going to be

:05:18.:05:23.

important. Our members have a number of worries and concerns about the

:05:24.:05:29.

effects of the Mac. The prime one of those is access to Labour. Huge

:05:30.:05:37.

number of people who work and make London a great success, the world

:05:38.:05:43.

city that it is, our world and National 's and we have to make sure

:05:44.:05:47.

they are able to remain. Everybody talks and says they will be a right

:05:48.:05:51.

but we need someone definitive work on that. The free movement of people

:05:52.:05:59.

and your concern is what that means in that negotiations process and

:06:00.:06:04.

that is something Brussels will not want to write on at all. From our

:06:05.:06:11.

point of view, it is a practical thing. London has always been a bag

:06:12.:06:16.

of four people from all over the UK, the world and, of course, Europe. We

:06:17.:06:22.

are talking about skilled Labour from brain surgeons, two Bristows.

:06:23.:06:31.

We need to keep London a world city. We understand that the referendum

:06:32.:06:38.

was fought in many parts of the country on a worry about immigration

:06:39.:06:44.

but the worry in London is that we do not have enough of it so we will

:06:45.:06:49.

be looking for some certainty on that. Thank you very much to both of

:06:50.:06:56.

you for your time this morning. The Labour manifesto will be released

:06:57.:07:03.

later on today and there will be a lot of detail as to what is in it

:07:04.:07:07.

and what it means, on the BBC website and radio.

:07:08.:07:13.

What will the doctor 's surgery look like in the future? Our technology

:07:14.:07:29.

reporter Dave Lee went for a visit. It is a new take on healthcare stop

:07:30.:07:50.

we tried to be more if when dealing with health. A 3-D infrared model.

:07:51.:08:50.

Healthcare in America always comes at a cost. It is actually really

:08:51.:09:04.

affordable. 149 per month. We also have human dog does, it is

:09:05.:09:11.

technology combined with our doctors. -- dog. We have some of the

:09:12.:09:22.

best engineers from companies looking after your data. Where is

:09:23.:09:32.

the data? We do not comment on infrastructure for security reasons.

:09:33.:09:39.

How do I eat no my data is in good hands? We don't comment on that. --

:09:40.:09:45.

how do I know. The Wall Street

:09:46.:09:53.

Journal is reporting that Ford is planning to cut about 10-per cent

:09:54.:09:55.

of its 200-hundred thousand The firm had already announced plans

:09:56.:09:58.

to cut costs by 3-billion dollars - In a statement Ford says it has not

:09:59.:10:03.

announced any new actions and it We will update you as soon as we get

:10:04.:10:17.

more information. See you in a moment.

:10:18.:10:26.

Download Subtitles

SRT

ASS