i'm wondering what the inner london, outer london commuter belt kind of transition looks like. sam: when we look at the boroughs of london, the seven most boroughs have a difficult time. thee prices are below that, outer london commuter belt, surrey, for example, prices will remain fairly robust. you are seeing a lot of investments moving further out. whether that is people buying properties to live in or invest in because they don't want to be hit by the 3%. guy: what does surprise look like -- supply look like in those places? sam: supply is up 2% and there are proxies available. we have one million properties to choose from. it is demand which is looking softer than it has been. guy: there is plenty of demand coming in elsewhere and no shortage of that? there was a suggestion that we are seeing a slowdown in the supply side of things as well. sam: it is looking reasonably healthy actually. to be fair, it is the demand side that is weighing on that sector. people are tending to move further and further out. the problem with prime central london has been in place for some time

the count down is on to london's new yea r‘s eve. the count down is on to london's new year's eve. over 100,000 people will be year's eve. 0ver100,000 people will be here to see in 2017. hundreds of ordinary people are recognised in the queen's new year's honours along with many of britian‘s 0lympic and paralympic stars — including mo farah, jessica ennis hill and andy murray. i feel more still like andy murray. it feels obviously more normal to me, but it is a big honour and happy with that, nice way to finish or start the new year. at least 28 people are killed in two bomb explosions at a busy market in baghdad. the so—called islamic state group say two of its militants were responsible. also in the next hour... hull prepares to take on the mantle of uk city of culture. 0rganisers say the year—long programme will change perceptions of the city forever. chelsea hold off stoke to secure a 13th successive victory. we'll have that and the rest of the day's action in sports day in half an hour's time. good evening and welcome to bbc news. celebrations have begun around the wor

but the mayor of london says the message to the world is that london is open. these guys can't wait for the fireworks, and there is not long to go now. 0ur correspondent andrew black is in princes street in edinburghfor us. what is in store? edinburgh over the yea rs has what is in store? edinburgh over the years has garnered a reputation for being one of the biggest and best street parties. it has not disappointed this year, celebrations are well under way now. we are waiting on the main stage for the performance which will take us straight to the bells. it has been a sell—out event this year. that means here on princes street in edinburgh and the surrounding area, 75,000 people had gathered to see in the new year, and all of that partying is going to be beamed all around the world to something like 1 is going to be beamed all around the world to something like1 billion people. a lot of people have been waiting very patiently tonight for things to get under way. let's see if we can have a word with a couple of the party—goers. how are you doing? where have

and i walked the great north run in september, and did the london marathon four yea rs and did the london marathon four years ago, i did it in five days when i was 16 weeks programme. at times i didn't think i was going to make that, but it was a huge relief to see the finish on the actual race day. they let me have a huge star to five days, that was amazing. -- ahead start. you are reckoned to be an incredible speaker, inspiring people to think about what they can do rather than what they can't. how did you turn it around from those really dark times shortly after you are injured? i mean, everybody thinks because challenges, the london marathon although great north run, different cycle challenges and things i have done, but actually just getting out of bed when you have nothing to get up for work the ha rd est have nothing to get up for work the hardest times. the way i got through it was by taking every little opportunity. even just going it was by taking every little opportunity. evenjust going out it was by taking every little opportunity. even just going out for lunch with friends in

she was rushed to hospital after arriving on a flight from london. her brother says she is now stable and out of emergency. it has been a fantastic year for gb's olympians and paralympians. nick hope and kate grey look back on a golden summer in rio in review 2016: gold rush in rio. coming four years after a stunning london games, rio 2016 had a tough act to follow. and while the build up was far from ideal, with political scandals, a financial crisis and worries about the zika virus, brazil was always going to offer a spectacular setting for south america's first ever olympic and paralympic games. there'd be plenty of time for selfies after the success, and team gb had big ambitions — hoping for their best ever foreign olympics. paralympics gb hoping to better their medal haul from london 2012. more on their success stories later, but first to athletics... and super saturday, part two! the stadium erupts! three gold medals for gb! what a night! sydney 2000 heptathlon champion denise lewis was there in rio as mo farah, jessica ennis—hill and greg

london 2012 best way to unfold. this summer was london 2012 best way to unfold. this summer was incredible for gymnastics. i don't think that ten yea rs gymnastics. i don't think that ten years ago we could ever have dreamt of coming home with seven 0lympic medals. max whitlock picking up double 0lympic medals. max whitlock picking up double olympic gold. i don't think anyone would have expected that. he suddenly found himself in medal contention and i don't think he even where lies when he'd won the gold. an hour later he had to walk out into the pommel horse final with lewis smith. we knew it was going to be closed. they performed the routines of their lives. i've com pletely routines of their lives. i've completely outdone myself. it's incredible. i don't know what to say. i'm so, so happy. to see one and two on that podium for britain was incredible. she's only 16 years old. and three years later —— trio weeks later she was picking up her gcses. and medal was picked up in the high bar, the first ever medal on that piece of apparatus for britain. we can't

we were all looking forward of super saturday from london 2012. we had mo farah going in the 10,000 metres. not without its drama. falls... fallen, clip there. bumps, barges... but mo still came through. the atmosphere in the stadium was electric. mo farah becomes the first british athlete to win three olympic gold medals! jess ennis—hill was not going to have it all her own way in the women's heptathlon, straight back from giving birth to her son reggie. could she retain her title? she fought hard and competed with such valour. to come away with silver was a great achievement for a woman who has just graced the tracks for so many years. and so to greg, desperate to try to retain his title. with a jump of 8.29 it was only going to be bronze. men's 5,000 metre final. mo going for the double double! could he do the double? farah wins! delivered on every count! gold forgb again! double double! after the 10k my legs were tired. can't believe i did it! just every athlete's dream. hasn't sunk in yet. british women had high hopes in the 4x1— could th

in a moment, dateline london, but first the headlines. the queen's new year's honours list is dominated by britian‘s 0lympic and paralympic stars, including andy murray, mo farah and lee pearson. i feel more still like andy murray, feels obviously more normal to me, but obviously it's a big honour. happy with that, nice way to finish or start the new year. and from the world of entertainment there are knighthoods for ken dodd, the actor, mark rylance, and the opera singer, bryn terfel. 45 flights from heathrow are cancelled and there are delays at gatwick as fog continues to affect central, eastern and southern england, driving conditions in some areas are said to be treacherous. and it's new year down under, new zealand welcomes in 2017 in style with a spectacular firework display. hello, and welcome to dateline london's look ahead to 2017. what a joyful year it's going to be. britain will move calmly towards brexit, the european union will solve all its problems with migration, unemployment and insolvent banks, donald trump will begin

it's notjust london, its manchester —— london bridge to charrington. it is too and from the city's airport, eccles, salford crescent until the second of january. and services from manchester, piccadilly and warrington bank key will be replaced by buses and cardiff is undergoing a major signalling upgrade programme and that means replacement buses between cardiff central, bridgend, newport and the valleys from the 27th of december until the third of january. this is the biggest christmas upgrade by network rail. there will be 2a,000 engineers on up to 200 sites and their investing £103 million. jane-frances kelly, thank you very much indeed and she is at ealing broadway. and at 9:10am we'll be speaking to the travel editor of the independent, simon calder. meanwhile, more disruption to transport in scotland is expected as a result of storm barbara. as a result of storm barbara. winds of up to 120 miles an hour were recorded yesterday, and rail, road and ferry travel is again expected to be hampered today by gale—force winds. an amber alert has also b

london 2012 bronze medallist beth tweddle watched it all unfold. this summer was incredible for team gb gymnastics. i don't think ten years ago we could have ever dreamt of coming home with seven olympic medals. max whitlock picking up double olympic gold, one of them being on the floor, which, to be honest, i think i can openly say i don't think anyone would have expected. he suddenly found himself in medal contention and i don't think even realised when he had won the gold — i think his coach actually had to tell him. and then to put that behind him an hour later he had to walk out into the pommel final with louis smith. we knew it was going to be a close contest. but louis did the routine of his life, and then max went up and also performed the routine of his life and took home that gold. i have completely outdone myself, me and scott can stand here very proud, it'sjust incredible. to come into the olympic games, i don't know what to say, i'm just so happy. to see one and two for great britain on that olympic podium was so special. the next me

i'm kasia madera in london. after three days of delays and disagreements, the evacuation of besieged eastern aleppo resumes once more. and the original showbiz celebrity, hollywood actress, tabloid star and socialite zsa zsa gabor has died at the age of 99. live from our studios in london and singapore. this is bbc world news.

london 2012 heptathlon champion jessica ennis—hill, who retired this year. there's also a damehood for rower katherine grainger — after five medals at five consecutive olympics, the perfect ending to her career. and there's a knighthood for one of britain's top paralympians. dressage rider lee pearson won his 11th gold medal in rio. among the other honours, two sporting couples. cbes for cyclists jason and laura kenny, while hockey gold medallists kate and helen richardson—walsh become an obe and mbe respectively. and after their impressive run at euro 2016, wales football manager chris coleman becomes an obe, and his northern ireland counterpart, michael o'neill, an mbe. just a few of more than 100 sporting figures honoured for a memorable 12 months. there were also some notable names honoured from the worlds of arts and entertainment. among them, there's a knighthhood for the knotty ash funnyman ken dodd, as our entertainment correspondent lizo mzimba reports. i'm full of plumtiousness. he's been one of britain's favourite entertainers for more than ha

or in london? >> jamie hince: no, because it's -- i mean, maybe you can, i'm sure you can, but people are obsessed with class here. >> anthony: still? really? >> jamie hince: yes, yeah, absolutely. it's our measure of authenticity, so people are always trying to bust people. "he's a toff." you know? >> anthony: what is a toff? >> jamie hince: an aristocrat. yeah. >> anthony: my friend adrian wrote a book called "the angry isle," and he talks about how british are famous for being polite and apologizing a lot, but that that actually masks a deep anger. you think there's any truth to that at all? >> jamie hince: well, i think -- 'cause i've been spending a lot of time in california, which is -- you know? it's not, when you come to london, if you come to london for a month you won't make any friends and you probably won't find anywhere to go. but after that you'll meet the best people you'll ever meet in your life. and then when i went to l.a that first month i was so popular, everyone was outside, li

the london eye will be the centre piece of that. there are lee barges on the thames and there will be 12,000 fireworks in total creating 50,000 individual explosions all set synchronised to a specially chosen soundtrack which we are told will reflect some of the music artist who is died in 2016, so expect david bowie, and prince to feature, among others. london now has established itself as one of the premier fireworks displays on new year's eve and there isn't long to wait for the crowds who are patiently trying to keep themselves warm here on the banks of the thames. thank you very much. so—called islamic state has said it carried out two bombings at a busy market in the iraqi capital, baghdad, this morning, killing at least 28 people. more than 50 other people were wounded. a third blast happened later in the east of the city. 0ur correspondent jonny dymond reports. for iraqis, 2016 ends as it began — with bloodshed and grief. just one of the shoppers and traders slaughtered on a saturday morning. there were two bombs, one in

first to jonathan blake is in central london. jonathan, 100,000 people expected to attend celebrations where you are about are people nervous? well, they don't seem to be. the extra policing and extra security that you heard about in the report there which is in central london tonight is reassuring to most people, i think, tonight is reassuring to most people, ithink, who tonight is reassuring to most people, i think, who have turned out to see the fireworks, but it is also a reminder of the security threat that this event and events around the world face tonight. the operation as a huge feat. there are 3000 stewards on duty tonight, in addition to the 3000 or so metropolitan police officers, some of them aren't, who are on duty around the city. most of the central london area was closed off after around two o'clock this afternoon. after several hours, there has been no traffic through the city at all. that is just one part of this operation. 100,000 people will be packing out the ease of viewing areas between miller and midnight

they miss their medal target in london winning just three. four years later, led by a new generation, the results would bea a new generation, the results would be a little different. here is double olympic champion rebecca appleton ‘stake. double olympic champion rebecca appleton 's take. we are on target of four also gold medals and was quickly got that rolling. at pt ta kes quickly got that rolling. at pt takes olympic gold for great britain. he has obliterated the world record! most of his time it was down to a fingernail, winning in such a way over 100 metres is huge. it is surreal to get the first goal but this is a product of seven years of work and, more importantly, for my country. it means so much to me. just to be one of those who got a gold medal lifts you. and to come away with a silver medal in the relay is impressive. the fact that we came back and got a silver, the women did equally as well. jasmine got two silver medals which, for me, iamso got two silver medals which, for me, i am so attached to because they we re i am so a

withdr you have not seen what i have seen in london. treat honest americans almost as a different species from the english of britain. >> reason once governed your action, passion now rules it and it will lead you to ruin. >> one of the tragedies of franklin's life is that a son that he loved very much will become a diehard loyalist and he and his father split when revolution breaks out and will never speak again. and in fact, when asked about his son, franklin will say he deserves to be hung. >> dr. franklin, you say you've changed but no man reverses his defining philosophy at your advanced age. >> did not reverse anything. simply recognized what always was. an american. i more than anyone know the price of liberty. >> after a lot of thought, lot of debate, eventually john adams becomes absolutely convinced that franklin is a true patriot. >> franklin's time in london isn't the liability many in congress fear. it's actually an asset. embedded in british high society, frankly learns how they think and he knows that britain will stop at

cnn's ian lee live in london with details. ian, i bet fans are in shock and gathering at his home. >> reporter: that's right, alison. we're at his home in london. behind us, there are people that you can see gathering. people leaving messages and also leaving candles in remembrance. you have people talking about who george michael was as an artist and pop icon. someone who really influenced a lot of people's lives. if you grew up in the 1980s, he was part of your sound track growing up with "careless whisper" and "faith." a whole list of tracks. he sold over 100 million albums. he was a true artist, too. someone who could cross genres not just in the pop world, but when he went solo after breaking up with wham!. really was able to continue and progress as a solo artist. this is someone who knew how to play a number of instruments. this is not someone who was just able to sing and had a good voice. this was a true musical artist. >> he really was. you talk about the sound track of our lives in our youth. still in mine. i still

london 2012 was meant to inspire a generation. it was hailed as one of the cleanest and most successful olympics in history. the russian team came fourth in the medals table, and none of their competitors failed doping tests. but now we know that performance was a sham and the golden games was sabotaged. the international olympic committee said today the revelations were an attack on the integrity of the games and that they would retest every russian sample from london 2012. others want more. it's time for the ioc to act. they can take immediate steps to suspend the national olympic committee from russia, who ultimately is responsible for the sport system and the olympic movement in russia. they can ensure that no international events happen in russia until they are declared code—compliant. some critics will now want russia banned from the next winter games or for them to be stripped of hosting football's next world cup. here at this ice hockey match in moscow today, however, the mood was defiant. translation: some people take b

it is the largest and feet christmas tree in london. the weather is not very festive this morning. —— handpicked christmas tree. there is an amber warning for wind. the strongest winds will be the further north and west to travel, at the highest guts is -- west to travel, at the highest guts is —— gusts will be across the northern isles. up to 90 mph. likely to be damaging, and wherever you are, it will be windy. take note. across scotland at nine o'clock, we have rainy coming south—east. some will be heavy with hill snow. that same rain getting in across england. right down to kent into the midlands towards hampshire, it is dry. 0ne right down to kent into the midlands towards hampshire, it is dry. one or two showers, but they are the exception rather than the rule. into south—west england, a lot of dry weather. for wales, a lot of dry weather. for wales, a lot of dry weather. the wind is picking up by nine o'clock. for northern ireland, you have the same band of rain heading south—east across scotland. and strengthening

simon french is still on set with us here in london. let's talk about what the bank of england is going to tell us today. stories all these ite and other things are pushing up consumer expectations. quarterlysaw expectations last week from the bank of england survey showing a five year high in expectations. that really is the headline -- as the headline start to permeate what to expect post-christmas in terms of the standoff between retailers, suppliers, and consumers. it will be an uncomfortable surprise in the new year where most retailers will pass on the increases. we've seen the consumer price index starting to tip up to 1.2% earlier in the week. bank of england has already said it will look through this currency led inflation. in the history of the bank of england since it became independent, it's tended to only raise interest rates when it seen core inflation generated by the labor market pushing up the u.k. cpi. how long do you see them doing that for? does it mean they keep up with this neutral stance that seems to be the story

london is still a safe haven. francine: you worry about the prices of material or access to talent you need? it in the world, there is. to build your properties, or not so much? niccolo: i worry all the time. francine: you are italian. niccolo: yes. there are many worries. the construction market in london is very tight. it is difficult to find skilled labor. the cost of materials is going up. the cost of kitchens, bathrooms is going up because the pound is weaker against the euro. absolutely. mark -- margins are squeezed. francine: how many properties are you looking to get -- develop next year? niccolo: it won't be disgraced -- decreasing. of grossillion pounds development value in the next five years. this is work we have already started. hopefully a larger number than that. francine: thank you for now. about the talking super nets. they are a bit like hotels. this is one of the things he is good about. plenty more with the ceo of north acre. this is bloomberg. ♪ ♪ francine: mrs. "bloomberg: surveillance."

and what haircut to have. you've got right people advising london and what haircut to havem isa london and what haircut to havem is a privilege of doing yourjob, being a public servant in the most direct way. that's what i should have told them. that's exactly what you should have said. thank you both for looking at the papers. you will be back in about 50 minutes. do it all again. looking at the headlines again and some of the other ones will have come in. many, many thanks to you and thanks to you for watching. stay with us, the headlines are coming up. spells of rain and some showers in the run—up to christmas, some snow in the hills in the north and throughout. windy conditions. the worst of the weather will be in northern parts of the uk and north west of scotland. dale is brewing in frequent wintry showers tonight. southeast, damp and dreary and the rain is clearing away and as sky is clear, fog patches in the south—east. turning quite chilly in the countryside, not far from freezing. and the high—level routes in particular in scotland, some icy patches. atrocious weather i

i am francine lacqua in london. as the fed finally hikes -- or so the market expects, fully priced in -- we have guests to inform your investment strategy over the next 12 months. hildebrand is former president of the swiss national bank. we will get his investment outlook for 2017. after a year of sluggish growth, low interest rates and mounting regulatory pressure. could the worst be over for the banking industry? we asked the president of the bank -- of the institute of international finance. and we will interview the chairman of europe's largest bank, hsbc. at your markets. this is a picture of european stocks retreating a touch before the fed decision later this afternoon. it seems that caution is prevailing on the markets. this is what we are seeing, european stocks dropping. crude also retreating on industry data showing stockpiles actually increased. let's get to the first word news. here is nejra cehic. nejra: goldman trading at a 10 year low ahead of the hotly anticipated interest rate decision. investors

the london mayor is taking a step of introducing a minimum wage for london bus drivers. at the moment they can receive varying salaries depending on the company if they work for. the changes will be introduced next april. plans to pedestrianise much of oxford street face fierce opposition by groups concerned that traffic will simply be re—routed through their residential areas. people living in nearby marylebone and fitzrovia are concerned their lives will be blighted by increases in congestion and pollution. city hall announced in the summer that all vehicles will be banned on the stretch from tottenham court road to bond street tube station, by 2020. let's have a look at the travel situation now. on the tube — there's a good service across al lines. equipment failure on the heathrow express. on the roads — its slow at blackwall lane approaching the blackwall tunnel — that's at the southern approach. on the m25, one lane remains closed anticlockwise between j9 for leatherhead and j8 following a lorry fire. a rather grey and damp start. things should start to che

in london, thousands of extra police are being deployed ahead

the last train from newcastle to london is at 5:26pm. if you miss those, you will be waiting for a few days. the real problems are in scotland. we will see in a moment how bad the wind cider and how bad they are expecting it to be on boxing day. it heard all day yesterday and even today there have been ferries cancelled. flights are going ahead today. many of them were cancelled yesterday to the highlands and islands. norris links cherries to 0rkney and shetland see if you do not have to travel today, please, do not. and number of services in the north—west of scotland have been cancelled. that the picture at home, what about people who want to get away from the uk? we have had soared by brand storm conor, which would updaters on. what about if you're getting away? it looks good in the skies. the top five airports, gatwick, manchester, edinburgh etc looked a lot better yesterday. if you're flying from stansted to tra nsfer you're flying from stansted to transfer a skiing holiday, you'll have to go to grenoble. despite distance from the

in london. mark: can't wait. shares of lockheed martin are falling after donald trump tweeted that the cost for the f-35's are out of control. we will take stock of the weapon system next. this is bloomberg. ♪ julie: lockheed martin shares are falling today after donald trump tweeted that the f-35 program is out of control. onalso mentioned the program fox news sunday. >> i don't need a $4.2 billion airplane to fly around. especially when it is totally out of control because they have lost control of it. things -- if you look at the f-35 program, with the money and the hundreds of billions of dollars, it is out of control. julie: for more, we are joined by rob levinsohn. first of all, give us some background. what does the f-35 do? what role does it play in the military and is it as out of control cost wise? rob: it is mainly designed as a fighter aircraft and it will replace the marine corps carriers and their some talks of it replacing the a 10 as well. it was originally estimated to cost th

from london and new york, this is bloomberg. ♪ ♪ guy: i am a guy johnson in london with tom keene in new york. let's get a bloomberg business flash. >> an italian lender says it's liquidity may run out more quickly than expected. the bank said it could turn negative in four months and worsen from their. last week, it's a liquidity would be exhausted after 11 months. their efforts to find private capital are quite discouraging. vw has reached a billion dollar agreement with u.s. car owners and regulators, they will take for my back about 83,000 audi, vw, porsche vehicles with emissions cheating's bid -- details still being worked out, the judge has ordered lawyers to report back on thursday. that is the bloomberg business flash. guy: the dow hit a record yesterday fueled by bets on the incoming u.s. administration. imco is sticking with its new neutral forecast for modest growth and low interest rates despite expectations for change under donald trump. more from their global economic adviser, joachim fels. on the distribution of outcomes in 2017, getting faster and faster, how much of

in london, thousands of extra police are deployed. the un security council unanimously endorses the ceasefire in syria brokered by russia and turkey. britain's olympic and paralympic stars are recognised in the new year's honours, with a knighthood for andy murray. i feel more still like andy murray. feels obviously more normal to me but it's obviously, you know, a big honour and happy with that. nice way to finish, or start, the new year. also in the next hour, why you'll have to wait a little bit longer to welcome in the new year tonight. an extra second will be added to the world's clocks to stay in sync with the earth's rotation. good evening and welcome to bbc news. celebrations around the world are continuing to welcome in 2017. this is the scene live in dubai, the latest major city to tick past midnight. hundreds of thousands of people are watching the display at the burj khalifa, the world's tallest building, measuring 828 metres high. these pictures show events in sydney earlier. we've been talking about the security and put

has the story from london. why is the london stock exchange having to sell its french unit? john: what the are looking to do here, the london stock exchange once to combine with a billion-dollar merger. thisare concerned about being blocked by competition watchdog, the competition authorities. they are looking to sell this unit, this french clearing unit, and they hope that will help them get over the line with the competition regulators. vonnie: how will the competition the latest look more favorably on the deal with the french units -- they would be buying the unit in the market conflict there? john: i think we will have to see what the competition regulators think. -- they haveich o spent a lot of time preparing this. they seem optimistic as will make a difference. it could still be that the regulator say something like this does not really promote the competition where we are concerned about it, whether it is over-the-counter derivatives or a certain list of derivatives. lserly, no pun intended, believes this could make a difference. vonnie: is there anything else they c

, but it's notjust in london that engineering works are taking place. they are going on in other places including manchester and cardiff. the advice is to check online and if you are keen on twitter user than network rail say use # christmas works. britain is braced for the arrival of storm barbara, which is expected to bring winds of up to 90mph to some parts of the country. the met office has issued severe weather warnings for much of the uk, with scotland expected to bear the brunt of the storm. our scotland correspondent lorna gordon reports. storm barbara is barrelling in. the worst of the weather has yet to hit, but already conditions are difficult out at sea. ferries to many of the islands have been cancelled. for those who couldn't get home early christmas travel plans are for now on hold. today, there is some services operating. they are battling through. the northern areas are definitely off. we are reviewing those services and will make announcements tomorrow evening, and people may be able to travel, however we can't guarantee that. gusts re

we are at the tower of london. we have had some fun as gate in around but there is some serious business here at the tower of london. tojoin me isjim duncan, one of the morning. thank you for joining us —— he is one of the beefeaters, good morning. we are inside the moat which was built during the reign of edward the first but it was a large cesspit. all the sewerage from shoreditch and the re st of sewerage from shoreditch and the rest of london poured in here. during the reign of queen victoria the duke of wellington made a representation that the moat be drained and filled in. it is all filled in with shingle and oyster shells. it would have been 15 feet deep. then it became a parade ground for soldiers. during the second world war it was one big allotment. they used to grow or their own vegetables. it is quite interesting that we have an ice ring here today because the river thames used to freeze over. here we are at the tower of london which is where i live. how do you become a beefeater? you have to be fr

our search for evidence begins here in london zoo. how fast do these guys go? estimates vary, but i reckon about 20—30 miles per hour. they are pretty fast across the snow. not quite fast enough for what we have in mind, though. of course, children don't need to fully understand how, they just know. how can they do all of those miles in one night? because they do exercise. ok, so they are healthy, they work out... there is a special star! henry's theory, a work in progress. not terribly scientific, and without science, there are cynics. in one night? a ridiculous idea. it doesn't some possible at all. you need scientific evidence? oh, yeah. i need hard evidence to be convinced of anything like that. happy christmas! it might be enough for children to simply believe, grown—ups need more. and this is where they have come in search of the proof. let me summarise. we've all heard of schrodinger‘s wave, right? santa could be a wave particle. he can travel 75.5 million miles injust 7.5 minutes. that leaves plenty of time to eat mince pies and the presents. ther

just over an hour from london. for everybody to get to. just over an hourfrom london. our for everybody to get to. just over an hourfrom london. 0urfirst customer of the day that purchased the first item was actually from essex so people come to us because we are so easy essex so people come to us because we are so easy to get to but here at selfridge's, we are about surprising and amazing our customers so we offer something that other stores don't offer. thanks very much for joining us. i have seen people with armfuls of handbags and a couple of the staff here, just nudging them slightly, saying, perhaps you ought to make a decision soon. thank you very much. the headlines on bbc news: tributes are paid to the music star george michael, who has died aged 53. his manager says he died of heart failure at his home in oxford yesterday. the former bank of england governor lord king says britain should be more self—confident about leaving the eu. and as we were just hearing, millions of bargain hunters are expected to hit the high street for the boxing day sales. retail a

in london, francine lacqua. -- i am tom keene. in london, francine lacqua. after today, you and i do not see each other until davos,] francine: exactly. this is why it is a good day to take stock of what 2016 will be and what 2016 has been. the euro stoxx 50 actually erased its 2015 drop. i do not know whether this is bet.rumponomics tom: seth masters is with us, michael porter, and peter take. now to first word news with taylor riggs. taylor: vladimir putin says it is time to end the ping-pong -- japan's prime minister, shinzo abe, agreed to start talks on economic corporation in the area. the dispute over the islands has kept the countries from signing formal peace treaty is over seven decades. the international red cross, evacuations continue through the night in aleppo. rebels seized eastern part of aleppo more than cointreau years ago. -- morent forces have than cointreau years ago. european leaders have been caught up in a dispute over how to negotiate the u.k. exit. how far the e.u. chief negotiator will be of go by himself in talks with the u.k.. in

bbc travel here, london, england, y'all... show me a little segment of how you would use the alphabets to tell the story. please, come. rolling the eyes is... getting excited. i think it's me being an amateur, but when i try to do it my vision blurs, but your vision doesn't blur? no — long. 0h, ok, you focus on the distance? long—distance. long—distance, 0k. i'm focused here — that's why i'm going cross eyed! that's the secret. laughter traditionally, a classic kathakali performance can go on for many hours, sometimes a whole night. but some modern audiences have shorter attention spans, so the artform has had to adapt. you lost me! here at shakespeare's birthplace in stratford—upon—avon, you can see where it all began, with guided tours around the house that he was born in. he was the third of 13 children, the first boy... in an exhibition for this anniversary year, you can also see a copy of the first publication of shakespeare's plays. but soft, what light through yonder window breaks? it is the east, and juliet

the actress, most famous for playing princess leia, was travelling on a plane from london to la. according to the los angeles times, the 60—year—old actress was rushed to hospital when her plane landed at lax airport. the newspaper is reporting that ms fisher is in a critical condition. ms fisher was on a tour to promote her second autobiography, in which she revealed she had a short relationship with her co—star harrison ford at the time of filming the original star wars in 1976. in the last half—hour, mark hamill has tweeted. .. well, we understand that she is now in the los angeles hospital, in a critical condition, after having, as you have just said, critical condition, after having, as you havejust said, that critical condition, after having, as you have just said, that she suffered a heart attack, a cardiac arrest, during her flight from london to los angeles, and this has all unfolded over the last couple of hours, the middle of the afternoon here. the flight arrived at around noon, the paramedics had been alerted at los angeles airport and we re alerted at los an

this is the sunrise over london. 7:55 here in london. anne: welcome back. 7:54 in london, 8:54 in berlin or paris. minutes away from european equity trading. let's look at stocks. bp in focus, buying woolworth's australian gas stations for 1.3 billion u.s. dollars, around 1.79 australian dollars, billions of course. moving further into the australian gas station market. this will cement the london-based oil company as one of the nation's biggest fuel providers. , the u.k.s homebuilder, expect volume delivery for 2016 to be lower than anticipated, between 3960 and 4000 homes. the number will depend on the extent of legal completions in the remaining days of the year. they attribute this to -- they are talking about lower-than-expected reduction across sites during the month of december, resulting in around 180 private homes which were expected to be complete in 2016 now deferred into 2017. lufthansa -- keep an eye on the german airline. lufthansa considering closer alliance with the abu dhabi rival. a german newspaper citing a fund manage

london 2012 heptathlon champion, jessica ennis—hill, who retired this year. there's also a damehood for rower katherine grainger. after five medals at five consecutive olympics, the perfect ending to her career. it's not something i ever thought i would get, but what a great time to get it. it's the end of a 20—year career for me in competing for my country, and it's a lovely way to bring the curtain down. and there's a knighthood for one of britain's top paralympians. dressage rider lee pearson won his 11th gold medal in rio. he told me just what becoming sir lee pearson meant to him. it means loads. i'm unbelievably shocked and honoured. excuse the pun! i hope it doesn't change my life, i don't think it will. it won't change me. but it has taken a lot of getting used to. among the other honours — two sporting couples. cbes for cyclists jason and laura kenney, while hockey gold—medallists kate and helen richardson—walsh become an obe and mbe respectively. and after their impressive run at euro 2016, wales football manager chris coleman becomes an obe

london, where it is cold and sunny. some, let's get to corporate stories with the "bloomberg business flash." sebastian: volkswagen is making another move to expand manufacturing. is operating pay by phone. a new forecast says british housing prizes -- british housing prices may rise this year, only increasing 1.4% in 2017. different blames weaker economic growth and a pickup in inflation . the slowdown when in london will be worse than elsewhere. -- quitting work next month. executive held responsible for the debt. an employee killed herself on christmas day last year, with 105 hours of overtime over a month. has been above $50 a barrel since opec agreed to a supply cut last month. marc chandler is with us. thank you so much for coming back on. the main risks are that they cannot possibly keep up, that they continue cheating on production targets for opec. any indication of what goes on there? >> we will find out next month. that will monitor the compliance for the cuts meets january 15. we will be getting first indica

they are 34—year—old woman from derby and a from 32 from northwest london. they are accused of one count of preparation of an act of terrorism in another case the alleges to the roll alleged acquisition of chemicals were an explosive. mr muhamed faces five more charges including ownership of so—called islamic state. the woman is also accused of possessing information useful to terrorists. the two appeared in the dock flanked by five police officers. they spoke only to confirm their names, dates of birth and home address. neither indicated a play and there was no application for bail. the charges come after a significant operation led by the north—east counterterrorism unit. officers conducted extensive searches at properties including homes in derby. other men arrested at the same time we re other men arrested at the same time were released this week without charge. mr muhamed and his accomplice have been remanded in custody and will appear in court in january. israel says it will re—assess its ties with the united nations after a vote by the security

in london. if one event stood out for investors in europe in 2016, it was a decision by british voters to leave the e.u. it triggered a huge selloff in the pound. the ftse has since recovered ground. more uncertainty remains about the path forward, as theresa may prepares to trigger article 50 by the end of march. a few weeks ago, i sat down with the chairman of europe's biggest bank, douglas flint. well.eathered the shock flint gave us his thoughts on the situation. douglas: you can model almost every option that you think might happen. the sooner there is some clarity and direction of travel means you can discard some of the options and get on with prosecuting the other ones, to make sure for our clients and our staff that are impacted, they can begin to plan their affairs, and it can be business as usual. so the sooner we can get to some element of clarity -- francine: what kind of clarity? a buffer? mark carney has been modeling a buffer or transition agreement. with that be the most hopeful

from london, from new york, stay with us. this is bloomberg. ♪ tom: bloomberg "surveillance," the final monday the 2016. guy johnson in for francine. blackrock's global chief investment strategist. draghi, yellen, carney, yellen, carney, oh yeah, the bank of japan. we will at some interesting follow-on from the bank of japan. richard, how do they set the boj tone as they look into next year? >> i suspect the tone they will set is one of continued stability in policy going forward. you will get some signs of reflation, not just globally but coming through in japan, and the risks are still heavily asymmetric. i think it will move through 2017 as people continue to see growth and inflation, even in japan where they have signs of picking up. i think the pressure on the bank of japan to change and move away from this zero interest rate target is only going to increase. i suspect we won't get any big shocks this week, but i think we will be looking at the rhetoric coming out, and as we move into 2007, i want to focus on the fat t