Investigations and a lack of Legal Protection. An average debt of more than £50,000 for University Students in england. A new report says theyll be paying it off into their 50s. Its ten years to the day since the cost of borrowing last went up. Theyve been at record lows since then, but why and what does it mean for borrowers, savers and the economy . Hello from wimbledon. Iam inside i am inside and sally is in the q. It should stay dry here. Across the central swathe we have cloud and drizzle. For most of us it will be sunny and warm, drizzle. For most of us it will be sunny and warm, oi drizzle. For most of us it will be sunny and warm, or hot more later in the programme. Good morning. First, our main story. Survivors of the Grenfell Tower disaster have expressed their frustration with a lack of information during a meeting last night with the police and the westminster coroner. A Senior Officer faced questions as to why no arrests had been made, while the coroner is said to have de
Anna a warm welcome to bloomberg daybreak europe. I am anna edwards. Manus we are ready for breaking news. Second quarter revenue, 1. 7 billion euros. That is in line with the estimate, looking for an adjusted eps. About 5. 8 defense. That was the average estimate among five analysts. Interesting comments coming through saying limited possibility has exceeded expectations. Cautious on the mediumterm prospect. Could it be in 2020 . That is one of the thought that jefferies and citi. More numbers coming through. To eric, whoeaking will join us from Philips Lighting later on. We will talk to him about m a in the sector, his numbers, the led and the potential. Manus more breaking news coming through on the watchers side. We will keep an eye on hermes. Swatch delivered their sales. They missed. The it comes to margins on business, slipping ever so slightly. Property margin at 10 . Temple 4 if the estimate. The operating profit, toppling of the business, that is also amiss. The market was lo
Sarah eisen and andrew ross sorken joining us. Great to have you. Were going to have raul sud, the founder and ceo of unicorn and mike isaac of the New York Times as well in just a moment. Lets check on the markets. The s p 500 is coming off that record close yesterday and now back in record territory that weve gone positive on the s p 500. Doesnt take much these days its up about. 2 . Being led by the financials, utilities, and Consumer Discretionary thi discretion a direction airy negative samestore sales. Better than expected you got almost a 20 gain for stocks like kors the dollar is on the move at this hour. I got a jolt from the jolts report we find out that there is a record amount of job openings in this country 6. 2 million job openings and you see the dollar go from negative to positive thats popping much its up. 4 , john Something Different that we havent really seen a lot. The dollar is down about 10 so far this year. So does this change the whole vibe around the u. S. Econ
And seeing double. Luxottica agrees to emerge with the french rival. But how will investors view the deal . Were less than half an hour away from the european open, and it looks like investors are looking at equities in a negative way, with positive futures over in great britain. You can see futures down about. 5 , ftse futures up about. 25 . We saw the asian market overnight take a real tumble, then recover by the end of trading, to some extent. Not to gains, but not the kind midsession. Saw guy lets talk about whats happening with the pound. You talked about the overnight. The british pound down 1. 5 , treating just, just north of the 1. 20 line. Were clearly watching what theresa may will say on tuesday. We are still trying to figure out what will come through. It does seem as if there is the managing of expectations going on here, issues with donald trump, signaling that the u. K. Will be at the front of the queue. It doesnt seem to be helping out sterling. Its the easiest and most
Kong. In newi am betty liu york. We had breaking news on anthem and their bid for cigna. It is being blocked by a judge as anticompetitive. For sigma blocked by a judge as anticompetitive. Next, they will be fighting over the 1. 85 billion breakup fee. Remainses decision sealed for now. We do not know the reasons why it was ruled anticompetitive it is really a costly ruling for anthem. Yvonne it could be a bitter battle. Lets talk about the senate beginning the confirmation vote of Jeff Sessions as attorney general. It was always the democrats trying to stop the nomination, aw it is the gop taking after after the speech they tried to bar her from giving. Then it went viral. We will continue to watch what goes on there on the senate floor. Betty the hearings have been surprisingly interesting to watch. They are normally not this exciting. Nothing has been normal from the start of his administration. It has been contentious all around. Episode leanede the whole discussion. Stalling for 4