and theresa may's attempt to keep everybody happy has ended up pleasing no—one. so, after the watershed moment in parliament, the different groups who want different things are gathering to get themselves heard. i think the only credible option for the uk now is to put this back to the electorate. the government, parliament, has failed and we can't go on hoping for the unicorn to appear out of nowhere. one cabinet minister suggested the government would look at staying in a customs union with the eu, a big shift in policy which brexiteers in his party won't like one bit. i think the right answer would be to leave the customs union, but given where we are, we have to be open to proposals that are put forward and make an assessment on those... so it's on the table? well, i'm using my words but you can use your words. i think we should not be... if we're going to engage, we have to engage and we shouldn't be boxing ourselves in. if we go forward and the prime minister breaks a manifesto commitment to deliver a customs union, then i'm afraid i wouldn't like to call h

theresa may's government survives a no-confidence vote. just 24 hours ago, the british prime minister's brexit deal was overwhelmingly rejected by parliament. today, she won a confidence vote by a margin of just 19. now she is vowing g to work with lawmakers on both sides of the aisle to make brexit mean brexit. ♪ brent: i'm brent goff. it's good to have you with us. there were nasty names, but no nasty surprises for theresa may today. the british prime minister has survived a no-confidence vote in the u.k. parliament. >> the ayes to the right, 306. the no's to the left, 325. so the no's have it. the no's have it. brent: that vote came just a day after british lawmakers rejected theresa may's brexit deal by a huge majority, the biggest government defeat in the country's modern political history. but many mp's who opposed that deal were not prepared to back the demise of theresa may's government. the prime minister addressed parliament just after the results of the no-confidence vote. >> i am pleased that this house has expressed its conf

theresa may blames called in after cross— party theresa may blames called in after cross—party talks fail. theresa may blames called in after cross-party talks fail. the impasse was around the fact that the labor party wa nted was around the fact that the labor party wanted the prime minister to ta ke party wanted the prime minister to take no deal off the table. there probably is going to be a concession, she won't discuss with the labor party the idea the idea of a customs union. because it would affect trade. she is doubling down and watch appears to be focusing on, with the support of the dup, which ignores the fact that there is a whole flock of reporting, just as committed to voting download deal into a probably not going to be convinced by whatever she thinks. i do find it really annoying and upsetting as a voter that this conversation is focused on the conservative party not what's best for our country. i'm a little bit sick of hearing what theresa may is going to do. that's been the case with brexit since before the referendum. it was supposed to resolve divisions with your

so it was back to the drawing board for theresa may. the conference season gave all the parties a chance to regroup. labour clarified its position on brexit once again. jeremy corbyn said his party would call for a general election if parliament voted down the deal agreed by the prime minister and the eu, but he added that all options are on the table. but if you can't negotiate that deal, then you need to make way for a party that can and will. divisions emerged, and shadow brexit secretary sir keir starmer said he wouldn't rule out another referendum. our options must include campaigning for a public vote, and nobody is ruling out remain as an option. for the conservatives, it was boris johnson‘s fringe speech that drew the biggest crowds. he criticised the prime minister's brexit plans, and speculation mounted that it was the start of his leadership bid. there is time. this is the moment to chuck chequers. the surprise star of conservative conference was the attorney general, geoffrey cox. we will leave the european union. he boome

markets will say it is a positive for theresa may. what we are seeing is overnight volatility in the cable rate spiking sharply higher. as we head towards the market close, let's take a look at where european markets are trading as we head into that close. this is the picture we find ourselves in for the equity markets. situationking at a that has been a little more positive. it is going to be a very difficult want to take. they're going to be heading into the european market close in a few hours time. that is what is coming up next. vonnie: you mentioned markets in britain. the ftse 100 is up .7%. that is following the rest of europe's higher. we want to listen into mario draghi speaking installed for. that speaking in strasburg. >> which was the worst point of the crisis. in five years, the unemployment rate has declined 7.9%, its lowest level since 2008. the employment rate of people 15-74 has risen from 54% in -- 1999 two 59% in 2008. the main motor of the economy has been a domestic economy. driven by a strength in domestic deman

thg times. reps-fit; that:— theresa may's brexit plan when it was heavily defeated theresa start brexit plan theresa start with zit plan theresa start with the lan west web firms headline that wild west web firms are ban. headline that wild west web firms are- ban. following headline that wild west web firms are - ban. following the are facing ban. following the suicide of molly russell who is a 14—year—old who was found to have a looking at sites or images on instagram that promoted or appeared to promote suicide and self harm. instagram that promoted or appeared to promote suicide and self harmm is an awful story. i think everyone can agree that companies like facebook, snap chat, should be doing more to take these sites down which 31; all; ism-ma in i fihtii i“if=>ii“l.£tiiiifii “i will: fi”£ii miami niii: itsn are basically instruction manuals to suicide and self harm. yesterday, matt -- suicide and self harm. yesterday, matt —— said suicide and self harm. yesterday, matt —— take said ti: of and find on sites off it tl find - people advertising - to threaten

at the moment it is looking much better for theresa may. a couple of amendments at the moment, but they would not actually force the government to do anything. it is the last one that we are about to talk about. brent: known as the brady amendment. alex: the brady amendment. graham brady is the chair of the 1922 committee. again, we have talked about that before. that is a conservative group. the bench is very powerful within the conservative party. this was his way of saying to theresa may, we know there is an issue with the irish backstop. this is the eu's way and uk's way of trying to avoid a hard border between the republic of ireland and northern ireland. northern island as part of the u.k. the republic of ireland will remain with the eu. they did not want there to be a return to a hard border between the two. however, what they have proposed in this the brexit deal is not liked on many of the right of theresa may's party, brexiteers, and also those 10 important unionist mp's, those northern irish mp's. this has been a big problem for

boris johnson saying the deal is dead, theresa may's deal is dead. she has three days to try to come up with some kind of alternative. brent: or she could ask the european union for more time, right? alex: earlier she said she didn't want to do that and she didn't want there to be a second referendum. brent: but she has changed her mind -- before. alex: will they have to have a special summit, or are they just going to leave the u.k. to try to work this out? at some point she has to go back to brussels and go begging, please help me with this. with the defeat of 230 votes, a lot of changes would have to be made. brent: so we have this no-confidence vote scheduled for tomorrow, she is expected to survive that. then she has thursday, friday, saturday, and sunday to put a plan b together. then she will present that to parliament. look into your crystal ball, let's say a week from monday night, or going to be talking about the same level of uncertainty we are talking about tonight? alex: probably. i think we will see mps, politicians, members of parliame

party —— theresa may may stealthy brexit. i thinkjamie corbin, certainly this isa thinkjamie corbin, certainly this is a very tribal system of politics, i think he thinks of of brexit as a conservative confected math and they should be stuck with it. maybe that could change, really close to the final deadline, but for now this is playing out on party lines. help our viewers watching the last 48 hours and thinking about all of the brexiteers hated the deal and now it turns out to change one thing and it is fantastic. of course that is not true. there may be an element of this going on that from brexiteers area bit this going on that from brexiteers are a bit worried that maybe brexit will not happen and it will be delayed, beefier gathering steam of opposition from businesses, they know of talk to other mps and somehow trying to delay brexit possibly effective referendum. it is possible some of them are looking for a ladder to climb down thinking we do not like theresa may, but the thing is to get brexit over lines. that if yo

we got more of the same from theresa may. there was that offer to continue talking to opposition parties, and also to involve parliament more in the negotiations on britain's future relationship with the eu, but as to the substance of her deal and what is going to change when she tries to go back to brussels to win concessions or to work out a new agreement of some sort, it doesn't seem like it's going to go much beyond attempts to twea k going to go much beyond attempts to tweak the backstop, that controversial part of the deal, which is really an insurance policy on avoiding a hard border between the republic of ireland and northern ireland if a trade deal can't be done with the eu by the end of next year. she says she will talk to the dup, her allies in parliament, who pf°p up dup, her allies in parliament, who prop up her government, about that, to try to find some common ground or perhaps a way forward, but when you look at what has been said about it in the past, theresa may herself saying there will not be a deal that

theresa may has already spoken. we are now hearing the statement from the japanese prime minister saying the whole world wants britain to avoid a no deal. he has been briefed by the japanese carmakers to make clear to theresa may the impact that would come if britain were to crash out of the eu with no deal. we are waiting for the q&a. we think we are going to be getting maybe a little bit more clarity from theresa may during that. we will bring you those moments in just a couple of seconds. we probably need to be talking about what's happening in the airline sector. vonnie: time for stock of the hour. shares of american airlines hitting a little turbulence. and it's not the only airline out there in trouble today. >> cutting earnings guidance for the full year are now going to -- $4.4. $44 revenue is the key pricing power and is only going to grow about 1.5% where as they previously thought as much as 3.5%. of course this is an issue because of capacity. a lot of capacity, a lot of seats are coming into the marketp

could things get any worse for theresa may? the country feels genuinely sorry for the prime minister. i feel sorry for the prime minister. this was a week in parliament like no other. historic, momentous, unprecedented. the parliamentary thesaurus has been well—thumbed since mps delivered their verdict on theresa may's brexit plan. she lost by 230 votes. 118 conservatives — brexiteers and remainers — voted against their own government. it was the biggest government defeat in modern times. that meaningful vote was on the outcome of years of negotiations in brussels — a withdrawal agreement that would be legally binding and a political declaration that wouldn't. the deal included a £39 billion divorce bill, a guarantee for citizens‘ rights and a 21—month transition period. most controversially, the so—called backstop would keep the irish border open if there's no trade deal but would see the uk follow some eu rules. that's unacceptable to the dup, whose ten mps keep theresa may in power. mps spent a total of eight

will theresa may be able to survive that? what happens next? lais there p b? here is our deputy political editor. porter: now what? normally a prime minister might resign after about a man on his signature daunted,g if notay stubbo long time ago.ields a jeremy corbyn has been waiting, he says, for the best chance of winning. some say he knows he will not win the vote and he is fending for time to put off pressure for a new referendum which she is not keen on supporting. the real struggle will be about who ends up controlling brexit. what hrs may's plan that? canvas other plans at westminstery and see if them fly in brussels. but she still hopes her deal uld be the basis of an agreement and that it's more reassurances from the eu. hoping to have a chance to get another go in the comments and counting on more breteers backin her. the fear among many mps across parties is over brexit with no deal. some of them mean to launch a parliamentary take over to take control away from ministers. many others want some how to set out plans for the soccer brexit deal may be

may has when bargaining chip theresa may has when she is bargaining chip theresa may has when sheis to bargaining chip theresa may has when she is to get bargaining chip theresa may has when she is - to get something out she is trying to get something out of the eu —— all right. she is trying to get something out of the eu -- all right. it is not a bargaining chip. l course it isn't. 5a . éamafaaaz. . . f; . e didn't about said i deal was bad i back . these 0k okiwill ok will no off say ok i will take no deal off the table, let's take second referendum wants 111 1111 1 wants a 111 1111 1 wants a second 11 1111 1 —*_— from the diehard m apart from the diehard remainers. the thing about that is the but the thing about that is the second referendum wouldn't result in the chaos that no deal would so we are so we are not - comparing so wn like. 1ot - comparing so w1 like. 1c would | comparing it would take over a et the second referendum year to get the second referendum going. uncertainty is not busting supply chains, food and medical shortages, army being called in to face dow

difficult times for theresa may. she is meeting party leaders that you would have heard that labour other morning they drop dashwood as she drops no deal if they are to engage in those discussions fully. plenty more to come. hello. we end the week on a colder note, certainly to how we started the week, with some sleet and snow in the forecast. the reason is this area of low pressure pulling out into the near continent and that is opening the floodgates to the arctic and this cold air will be pushing south across the uk tonight, also bring some sleet and snow to northern parts of scotland where some of the snow will be settling in the hills across northern scotland. there is a band of rain moving southwards overnight, could be some sleet in that as well as the air turns much colder. there will be a risk of ice in central and northern areas, watch out for that, temperatures falling close to freezing in towns and cities but even colder out in the country. we start tomorrow on a cold and frosty note, watch out for the ea

and theresa may's attempt to keep everybody happy has ended up pleasing no—one. so, after the watershed moment in parliament, the different groups who want different things are gathering to get themselves heard. i think the only credible option for the uk now is to put this back to the electorate. the government, parliament, has failed and we can't go on hoping for the unicorn to appear out of nowhere. one cabinet minister suggested the government would look at staying in a customs union with the eu, a big shift in policy which brexiteers in his party won't like one bit. i think the right answer would be to leave the customs union, but given where we are, we have to be open to proposals that are put forward and make an assessment on those... so it's on the table? well, i'm using my words but you can use your words. i think we should not be... if we're going to engage, we have to engage and we shouldn't be boxing ourselves in. if we go forward and the prime minister breaks a manifesto commitment to deliver a customs union, then i'm afraid i wouldn't like to call h

theresa -- seema wants to stay in the european union. no, we would have a deal which doesn't believe our businesses. seema and nigel, thank you forjoining us, we will get you back after this vote. those conversations with the chief whip used to be scary, arm—twisting and threats but you wonder if they hold the same menace at the moment now the same menace at the moment now the prime minister has lost control. and both seema and nigel in quite a sombre mood tonight. alleys don't talk by twitter, that is the pushback from the turkish foreign minister who says his country will not be deterred by threats from donald trump. he warned turkey not to attack america's kurdish allies. he tweeted from syria, while hitting the current remaining is caliphate hard, they would attack again if it reforms. here you can see a map of how complex that region is, the kurdish area in light green and turkey in red. trump hasn't said where the safe some would be, the turkish foreign minister said last week that turkey would embrace a safe zone along their bor

theresa may is going to lose this vote. how the s size of the defeat cos in wilill determine the next stp that played out in the political field. is herential scscenario defeat is goining to be l large, over 10000 vote. until will nonot be open renegotiations of the current deal. there needs to be a rehash. being able to her get a rehash through parliament is very low. f fall. will ultimately i think we couldld ultimately se the sterling decline being brought into from the markets. brexitt ending in this drama. what range are we talking about? i see mentions of the pound going as low as $1.12. >> you look at probabililities, maybe 20% of that happens. parliament doeoesn't have an agreement and thehey fall i inta technical no deal brexit. movement to prevent that from happening. the ball would roroll pretty quicickly. and -- howow they move now, theresa may has three days to come back with comments on how she reacts to this defeat and then it will be whether the labour party votes no confidence. it is unlikely to win. yoyou

mp's have inflicted a crushing defeat on theresa may, voting down her brexit deal to take the u.k. out of the euronion. >> ayes to the right, 202. [gasps] nos to the left, 432. babita: the sce of the defeat exceeded predictions. e withdrawal agreement rejected by a margin of30 votes. the worst defeat in parliament for a british government in modern history. mrs. may now faces a no-confidencey motion called the opposition, but she says she will fight on to deliver brexit. prime min. may: the government has heard what the house hasbu said tonighti asked members on all sides of the house to listen to the british people, who want this issue settled, and to work with the government to do just that. mr. corbyn: that motion will be debated tomorrow, so this house can get its verdict on the sheer incompetence of this government and asked that motion of no confidence -- past that motion of no confidence in the gornment. babita: cheers from the anti-brexi rally outside of parliament, as brussels says there is still time to talk. >> now it is time for the u.k. to tell us the next steps. on ou

, oi’ alternative to theresa may‘s plan, ora alternative to theresa may‘s plan, or a one particular change, and then you may see may be a significant move from brussels. but inevitably, the flexibility here will be limited. many thanks, katya adler, oui’ limited. many thanks, katya adler, our europe editor in brussels. theresa may stressed today that trust in politics — in her view — would suffer ‘catastrophic harm‘ if the uk didn‘t leave the european union — nearly three years after the referendum of 2016. but what are some of those people who voted in the referendum making of the current state of affairs? our home editor mark easton has been to york — which voted to remain — to assess views there. when politics got too hostile in london, charles i moved his court here to york in 1642. the current parliamentary deadlock and public divisions over brexit are said to have echoes of the national schism that led to civil war. so we have come to the merchants‘ hall, a building that‘s hosted debate in this city for centuries. we asked eight local people, four who voted to l

theresa may says the uk will be in "uncharted territory" if her brexit deal is rejected. mps will restart debating the deal this week ahead of a vote in parliament. mrs may said she had spent the christmas break seeking assurances from europe, which might assuage mps who plan to vote against her agreement. but she gave little away on what those assurances might be, or what would happen if her deal is defeated. here's our political correspondent nick eardley. with the holiday season over, things are well and truly getting back to normal — dumping the christmas tree, getting back to the daily grind. but a new year doesn't mean a new approach from theresa may. she's sticking to a brexit plan, but she is hoping to offer assurances to win over her critics. the first is measures that will be specific for northern ireland, the second is a greater role for parliament as we take these negotiations into the next stage for our future relationship, and the third, and we're still working on this, is further assurances from the european union to address the issues that have been rais

on the england a crucial vote, theresa may warns of a high price to be paid if mps do not support her. now myjudgement is that a paralysis is likely if there is no brexit. now myjudgement is that a paralysis is likely if there is no brexitm is likely if there is no brexitm is clear that if the prime minister 's deal is rejected tomorrow it is time for a general election. time for a new government. in other news, wood burning stoves, open fires and farms all face new restrictions, as the government outlines plans to tackle air pollution in england. president trump has denied working for russia, describing the suggestion as a big fat hoax. the jailed british—iranian woman, nazanin zaghari—ratcliffe, injail in tehran, has begun a hunger strike in protest at being denied specialist medical care. and at 11.30 we'll be taking an in—depth look at the papers with our reviewers, dia chakravarty, brexit editor, at the telegraph, and the broadcaster and political commentator, steve richards. the prime minister, in two separate appeals today, urged mps to back her deal or risk brexit not ha

pm theresa may: jobs rely on our trade. i would like to set up briefly how the government intends to proceed. first, we need to confirm whether this government still enjoys the confidence of the house. i believe it does, but given the importance of tonight's vote, it is right that others have the chance to test that question if they wish to do so. the government will make time to debate that motion tomorrow. has happened before christmas, the official opposition declined to do so. we will on this occasion consider making time to debate any motion in the form required from the other opposition party. second if the house confirms, often -- second, if the house talkrms confidence, i will with others across the house to identify what will be required to secure the backing of the house. the government will approach these meetings in a constructive spirit, but given -- >> here, here! pm theresa may: but given the need -- the urgent need -- to make progress, we must focus on ideas that are genuinely negotiable and have sufficient

theresa may faces a no-confidence vote today. deal faced the worst dedefeat in british modern history. at this point, it is anyone's guess how it will play out. >> evevery day without this isse being resolved means more uncertainty, bitternrness, and rancor. ofsked members of all sides the housuse to listen to the british people, who want this issue settled. work w with the governrnment too that. >> hundreds have turned out outside parliament in reaction to the vote. here's what some e has to say about how they felt.t. thing is a mess. >> i hope theresa a may carriesn in her position. she is t the person to sorort it ouout. who would do better? i do not think jeremy corbyn would do, for certain. >>>> a referendum, ideally. i do not think it will happen. nourse trent is in london. get akely is it to consensus of the house of commons and arare we heading f a secondnd referendum?m? >> it is going to be difficult for theresa mayy to o try and pl together any consensus in parliament. parliament is bitterly divided. tot is what she is

that is the kind of pressure theresa may is the kind of pressure theresa may is facing. she is caught between those who don't want to move, the dup have made this a constitutional area and now ramirez who are threatening to voted against. that isa threatening to voted against. that is a tough position for her to be in. thank you both very much for being with us. that's about it from ame being with us. that's about it from a me from westminster. theresa may addressing mps, trying to break that brexit deadlock. but now to clyde with other news from the studio. well, if you were up early enough this morning you may have been lucky enough to see a stunning red moon like this. it's a lunar eclipse, called the ‘super blood wolf moon,‘ and was visible across the uk, in places that weren't covered by cloud. the unusual event happens when the earth passes precisely between the sun and the moon. pallab ghosh reports. eerie and beautiful. it's happened for billions of years, yet each time, there's a sense of awe and wonder when the moon turns blood red. across the uk, stargazer

so do you question to theresa may will be what is new in the uk ideas. if there was nothing then there may be little to discuss. and this afternoon we will hear them european parliament, then michel barnier, jean claude juncker and donald tusk will also speak to theresa may on the phone. if they do not see any new ideas and no stable majority in parliament for a way through this, i think there will be little for them to talk about. last night mps voted in favour of replacing the so—called irish backstop — the insurance policy designed to avoid a hard border in ireland in the event that no agreement is reached by the end of 2020. but how is brexit being seen in the republic of ireland? chris page sent this report. this is a theatrical protest, but border people hope it will break through and highlight real concerns. they're worried any checkpoints would delay journeys, disrupt trade and bring back dark memories. i don't think the mps in westminster get the reality of border life in the north of ireland at all. and i think it's probably an extremely se

on the eve of the most important vote of her premiership — theresa may appeals to mps to support her brexit deal. she warns rejecting the deal would lead to paralysis in parliament, and endanger britain's departure from the eu. i say we should deliver for the british people and get on with building a brighter future for our country by backing this deal tomorrow. it's clear, if the prime minister's deal is rejected tomorrow it's time for a general election. it's time for a new government! with 2a hours to go — we'll be asking voters what they make of the extraordinary events in parliament. and the other main stories on tonight's programme: trying to clean up the air we breathe — ministers plan new curbs on burning domestic wood and coal and as andy murray loses an epic five set match at the australian open, is it now farewell? and coming up on bbc news... of the brits in the australian open drawjust three remain, with kyle edmund the former semi finalist also out. good evening from westminster, where the prime minister has told mps to look again at her deal ahead of tomorrow's cru

we know theresa may steel will not take place -- theresa may's deal will not take place. that was softish. why is a hard deal brexit more likely now? risk: i think the fat tail on both ends are higher. crash out and softer brexit is more likely now. so many mp's are dead set against hard brexit, it is less likely to happen. i have always felt it wasn't no one's best interest to have a hard brexit and that should force minds to align and agree on something else. mistakes can happen. the risk of hard brexit is not off the table. guy: the other narrative floated, as to why the pound rallied after the defeat last night, is that she reached across the aisle. within the labour party, they really do not see any deal being done, at least at leadership level between the tory party and the opposition labour party. is anything going to happen? will we see a cross party narrative developing? megan: little chance that will happen at leadership level. there is a chance some labor mp's will sign up to some kind of deal in the end. you could get cross party cooperation, but not at leader

we hear from theresa may later today. matt: yeah, definitely time to be watching the news right now to hear what theresa may is doing. will she continue to use no deal brexit as a threat, as leverage? everyone else seems to be concerned they will have a soft or no brexit. we'll see how that goes. it is davos right now, the world economic forum in the swiss luxury city. the billionaires are getting richer and richer. we'll talk to more people from davos throughout the week. ♪ >> china weak he was defensive crisis takes its toll. europe.sag it shut in u.s. for holiday. rees may said to give up on cross part talks. the fallout from the longest is widening.istory say they al people can't get to work. good morning, everyone. from asia.g i'm here

the mps are debating theresa may's brexit deal. the vote, remember, will be on tuesday, and that for now appears to be the only thing we can be certain about. there will be a vote. but everyone agrees that getting a commons majority will be an almighty struggle. so before we look at which way the vote may go, let's remind ourselves how many mps the parties have here in the house of commons. we can take out the speaker and the two deputy speakers, because they don't vote. the conservatives have 316 mps — that's two more than before the no—confidence vote in theresa may, because two suspended tories got the party whip back. but that's still not enough to command a majority. now, in this parliament the conservatives have relied on a confidence and supply agreement with the dup, whose ten mps support the prime minister in key votes. and over here, on the opposition benches, labour has 254 mps, the snp have 35, the liberal democrats have 11. they've lost one, who resigned to back the prime minister's plan. and there are eight indepe

theresa may met her own members of parliament tonight. most of them thought she put in a pretty good performance, but in terms of substance, she didn't necessarily make any of them change their minds, if they were sceptical towards her deal. so she is still facing defeat. so what were likely to be seeing in the next 2a hours are attempts to diminish the size of the defeat, including an amendment that would try to, to some extent, mitigate the fears around the northern ireland backstop, this attempt to avoid a hard border in northern ireland. there will be an attempt to try to say, look, this should come to an end by the end of 2021. the snag is, of course, the european union has not negotiated that, has resisted negotiating that. but if this were successful, and if this helped get the deal over the line in parliament, theresa may could return to brussels and say, are you prepared to live with this in order to get this deal through, to get brexit to happen, according to the pre—agreed timetable? but it looks as though, at the moment, eve

by theresa may pitching labour mps. those mps she had them over in christmas, to chat, one of them it said today was complaining that she had to wait five months, sitting by her phone, waiting for the call to find a comfortable stop after she made it clear she was prepared to do business with the government, and she could even support theresa may at's deal. it's astonishing, when i think of last summer, and they were ready at that point putting that union approaching labour mps, but it presumably for political reasons decided to hold back. now it appears desperate. she has in a matter of days to go before the vote next week. and certainly the labour mps that i've spoken to suggested those that i've spoken to suggested those that leave packing seeds that potentially feel they might want to deliver brexit, or help deliver brexit, because that's what their constituents expect, they feel that even these offer, on workers' rights and environmental protections much of which they want, if it's a sort of which they want, if it'

wasink what was critical theresa moritz -- theresa may reaching out across the island opening the doors on where the brexit process goes next. that seems to the what the markets have been reacting to in a positive way, though it is still hard to determine exactly what those talks will ultimately produce. it is a labor party briefing that is clearly focused on tomorrow's no-confidence vote which theresa may is expected to win. at the briefing, the labour party tied -- tried to distance itself from the possibility of a second referendum. as you say, the market is seeing a silver lining, despite expectations that a big loss would reduce a big loss. maybe it points to focusing on tidbit of good news. it does seem to be this idea that the reaching across the isle is being taken is positive for the moment. joe: reaching across the aisle, i guess is great. have you heard from anyone something resembling a plausible path for theresa may to bring back a brexit the bill that is not just crash out, that could actually passed? -- pass? guy: the answer to that is no. to be honest, the eu is playing

theresa may faces a fight for survival. tonight, we speak to a treasury select committee chair nicky morgan, next. remember, bloomberg radio is live on your mobile device or on dab digital radio if you are in the london area. this is bloomberg. ♪ tune in. ♪ anna: welcome back to the european open, we are minutes away from the start of cash equities fo -- cash equity trading. theresa may is facing a no-confidence vote after her brexit deal suffered a crushing defeat in parliament it with. -- it would set britain on course for a general election. that is a big issue. may's dealor theresa last night, along party lines. that she need to revise any of ?er red lines nicky: she will absolutely need to tell build a consensus in parliament and to get a deal through. i think there were elements of the plan that will survive, there is a lot of detail in a those 600 pages. to need a way agreement because we are leaving an international treaty? me rightn just told now that there is a possibility of a customs union, that you need tha

theresa may now entering into dangerous and delicate discussions. she needs to come back to parliament on monday with a plan the. in the meantime -- plan b. in the meantime, she is planning to hold cross party discussions, but jeremy corbyn of labor wants theresa may to rule out that no deal brexit first. manus: will she be prepared to move on her red lines? bushy be prepared to move on customs union -- will she be prepared to move on the customs union? we will discuss. let's show you the bond markets, first of all. we had the fed survey last night. the beige book, and in and there were 19 mentions of interest rates. you have got a very clear disc insertion in the u.s. -- disconcertion in the u.s. in regard to the interest rate discussion. volatility below its today 2average-day. we don't think we are going to get a great deal of variation in terms of what's going to happen with rates at the short end of the curve. you have got the tighten government bonds fairly flat at the moment. that's the state of play on the bond markets. equity markets for yo

viviana: theresa may is on the brink. she now faces a vote to oust her government after parliament emphatically rejected her brexit deal. the humiliating defeat was the biggest for any british government in modern history. there is growing concern she will not be able to end the impact in order to avoid a no deal brexit. the u.k. is set to leave the eu in 10 weeks. bloomberg speaking to the house of commons, andrea leadsome. >> i do believe we have time to get the legislation through. we are pushed for time. there is no doubt i would have liked more time to get brexit legislation through, but i do believe we have the opportunity a possibility still. parliament does need to understand that it is a shared endeavor. the overwhelming majority of parliamentarians voted to trigger article 50. we do need to come together to make sure we deliver for the people. viviana: now to nairobi, security forces and did a deadly attack at an upscale office complex by islamic militants. 14 people were killed along with all of the attackers.

, we will go as soon as theresa may sta rts will go as soon as theresa may starts to speak. marcus, you say you do not believe no deal, remaining is known —— no more likely that no deal, is that because the clock is ticking? we have a statute from a procedural point of view, unless thatis procedural point of view, unless that is overturned by another statute, that is what the position is. mps are doing everything to try and stop that. unless they can pass and stop that. unless they can pass a statute, that is irrelevant. this idea that the liaison committee is going to get involved is completely daft, it has already been ruled out by the vice—chair of the liaison committee as being daft.” by the vice—chair of the liaison committee as being daft. i will stop you both because theresa may is getting up to speak so we will listen in. thank you, thank you very much. tomorrow members of parliament will cast their vote on the withdrawal agreement on the terms of our departure from the european union and the political declaration on our future relationship. that vote in we

but i do think that if theresa may now wa nts to do think that if theresa may now wants to pursue the idea she had before and get legal qualifications on the backstop, i think she would find more of an open door eu quarters. they have spoken with one voice in europe so far but the european commission to get itself into a bitter pickle in the last week, speaking about the need for some sort of border if there was no deal which was walked back. ben michel barnier said there may be a solution to avoiding a hard border in ireland without a deal and the brexiteers have lea pt in ireland without a deal and the brexiteers have leapt on that. if michel barnier is talking about this, maybe there is wiggle room in this, maybe there is wiggle room in this deal? peoplejump this, maybe there is wiggle room in this deal? people jump on what they wa nt to this deal? people jump on what they want tojump on. the reality is, if you look back in december, the european commission published what will happen in certain instances if there is no—deal brexit. it was said there is no—deal brexit. it was sa

it underscores what we have known for a long time, basically theresa may can't win. if this vote fails, loads of cabinet ministers will resign, the most sensible ones who don't think no deal is good. also, if she goes for a compromise which tries to bring labour votes onto her side through a prominent customs union is one of the ideas being floated by some members, that would result in a huge number of some members, that would result in a huge numberof her some members, that would result in a huge number of her pro brexit mps breaking off from the cabinet or the party. some people quoted as saying this will be like the corn laws in the 18405, the last time there was a huge 5plit the 18405, the last time there was a huge split in the conservative party, and historic realignment, thati5 party, and historic realignment, that is what people are talking about. i like this quote from one tory mp. he says, we are heading toward5 tory mp. he says, we are heading towards a brick wall at 100 mph and we are going to be 5ma5hed to 5mithereen5. that 5um5 we are going to be 5ma5he

theresa may's day of reckoning. the u.k. prime minister is set to see her brexit the rejected in the biggest government defeat in 95 years. this is bloomberg. ♪ ♪ we are 20 minutes into your trading day. good morning, everybody. staring down the barrel. parliament finally has it say on theresa ms. brexit deal. the pound gives up gains as merkel says no more concessions from europe. just how badly with the prime minister lose today's vote? risk resurgence. aropean equities rise after positive session in asia, but can earnings optimism when out over concerns -- win out over concerns of it softening global economy? bnp paribas is said to shutter its u.s. commodities debt. meanwhile, the bank says -- shares rise as the bank says the trading environment is improving. welcome to "bloomberg markets: european open." i am live in westminster tracking the u.k. politics. we expect that both at 7:00 this evening. for the moment, let's get to matt miller in our bloomberg european headquarters. he has the latest on the markets are min

theresa may has appealed to mp5 get behind her brexit deal. she says that rejecting the deal would lead to paralysis and endanger the departure from the eu.” would lead to paralysis and endanger the departure from the eu. i say that we should deliver for the british people and get on with building a brighter future for this country by backing the deal. building a brighter future for this country by backing the dealm building a brighter future for this country by backing the deal. it is clear, if the prime minister's deal is rejected tomorrow, it is time for a general election, it is time for a new government. new restrictions on combustion. air pollution tackling. jailed british iranian woman held in tehran has begun a hunger strike in protest at being denied specialist medical care. record—breaking levels of snow continue to blanket parts of central europe, with more forecast over the next few days. andy murray has been knocked out of the australian open, following a five set thriller, against roberto bautista agut. the prime minister has

theresa may in london. it will be a horribly awkward moment all round, there needs to be legislation passed in the westminster parliament which would also be tricky. and as a veteran of many brussels summit is, if you say we will extend the cut—off point, you might as well keep extending it. i think mps are right, unless you give the european union a deadline then you will not get to the finish. a couple of quick fire once and then a bigger one. denise has asked something i would like to know, why does the speaker showed unlock after he has called out the votes in the commons? —— showed unlock. —— shout unlock. cracking question, our colleague laura kuenssberg has made a great little film, you can search bridge on social media, she was allowed in with the camera, that has never happened before, to see how voting works. it is a crazy system, denise. they don't put a cross on a piece of paper, they do do anything electronic or show their hands, they walk through doors, one door says yes and the othe

theresa may agrees to that and any return to the commons. the dup saint of a chance and some brexit is decide they will pull away as well. —— the dup say not a chance. i can't see that working. there's too clever. i am sorry to say, too clever forjeremy too clever. i am sorry to say, too clever for jeremy corbyn. too clever. i am sorry to say, too clever forjeremy corbyn. no. too clever. i am sorry to say, too cleverforjeremy corbyn. no. he is not in the talks were the reasons we have given previously. —— snubbing. he does have 257, i think it is, labour mps. that is an enormous numberof mps. labour mps. that is an enormous number of mps. lucy was talking about how delicate the arithmetic is. if you shifted those 257 labour mps towards a support for a deal, which should include a customs union, then theresa may, if she had the courage to do it, could come down on one side or the other, she could exclude the dup, forget the dup, we don't need you any more, and forget her brexiteers, the hardline brexiteers, we don't need you any more.

surprising results last night and a big loss for theresa may. down ford deliberate the pound to a not taking place, you can see bouncing back and then drifting sideways. this is how it unfolds behind me. will theresa may survive today passes vote of no-confidence? will be watching. that takes place at 2:00 eastern. we can keep an eye on the u.s. earnings season. says the late 2018 stock selloff is nothing more than a midlife crisis setting the stage for the third game rising 30% this year to finish out 2835. thanks for joining. i want to ask you about brexit and everything going on in britain and the political turmoil. impacting your daily life. classic has been interesting the reactions to these things have been warmly -- more muted. it presented a tell risk and 2019. >> absolutely. how's that impacting the forecast that you all to put out which is bullish. is speedbumpf this and trade causing confidence issues and maybe some pricing power and timing issues versus a downturn in the cycle? i think the market reaction will toss a lot. all negativ

it is not only theresa may who is in a position where she doesn't know what she will do next. it is always worth remembering thatjeremy corbyn is a career eurosceptic. for the 30 odd yea rs career eurosceptic. for the 30 odd years that he was an obscure backbencher before he suddenly became leader of the labor party, he was consistently with the tory brexiteers pushing for an ideal brexit. he is a brexiteerfor a very different reason, he thought the eu was a capitalist club. but when he says he doesn't want a second referendum, he thinks there is a labour form of brexit they can negotiate with the eu, all the tactical considerations that we talked about, but there are also —— is also a sincerity that, he believes there is a socialist written that can be forged outside the eu. he is also a democrat and more than anything he believes in the democratic right of party members to make decisions and stand by them. we saw that when they thrash out this really convoluted settlement, if you like, on brexit, to bring all the bits of the party together. and my instinct is that he wou

i think theresa may is in certainly true. i think theresa may isina certainly true. i think theresa may is in a difficult position because delaying it will not go down well with her mps and it will not go down well with conservative members. perhaps more widely the public, they are frustrated with how it is taking? it is the role of elected parliamentarians to do the right and rational thing, and not rush into things. that is why we let them. —— elect them. theresa may is trying to show that she is not completely consumed by brexit. lots of magic trees and a magic forest. the daily express, about her billion fund to pay for care for mental health. which is good. if i believe that is going to happen, and that it is enough. it is all about politics now. not about policy. this is part of the long—term plan for the nhs which is being announced tomorrow. we know it is important, because long, term and plans are in capitals. precisely what it means remains to be seen. there is talk of a 24—hour hotline, talk of increased services on mental health, which is clearly

so what theresa may is talking about asa so what theresa may is talking about as a result of last night's bout, will that be done in 58 days? this is the amount of time before the 29th of march. or will it require an extension to article 50? it is a big ask to get it done in that time. they have already talked about scrapping the february recess, sitting longer hours, doing away with weekends to push through about half a dozen brexit bills that have to be got through, even if there is an agreement. i just to be got through, even if there is an agreement. ijust know that theresa may has not absolutely slammed the door shut on extending article 50, she was pressed three times by yvette cooper in the commons yesterday, and every time she ducked and dived and didn't give a clear answer. my take is that she has left the door a little bit open, because if push comes to shove and she needs a few more weeks, a bit more time, i think she will take it if she thought that was what she needed to get the deal. lets talk about labour now. the optics look good for theresa may to say she is having cross�