The suspicion of attempted murder over the stabbing of a woman at a school in lincolnshire. A lucky escape for a man out walking who fell 50 feet down this disused mine shaft in cornwall. Good afternoon and welcome to bbc news. Labour has promised to review all public contracts using pfi if it is elected. The pledge to the party s conference in brighton comes as sir kier starmer suggested that Single Market and Customs Union options should not be swept off the table at this stage, saying a final deal could retain the benefits of both. Some delegates criticised the leadership during a passionate debate at the party conference. All smiles as they try to put on a united front but there is no hiding it. It is plain for all to see. Divisions in labour over brexit once again coming to the fore. What i want to do first of all congratulate conference. Yesterday you voted away your chance to remain in the Single Market. You voted away your chance to stay in the eu. You have as much chance of stopping brexit as Jeremy Corbyn has of wearing my tottenham shirt get real he is certainly widely adored here. Jeremy corbyns position and policies now almost unchallenged in labour. But for the crucial issue of brexit, well, label deals with internal divisions and its shadow brexit secretary insisted the party was a government in waiting. No rash ideological red lines preventing a sensible deal. No fantastical blue sky proposals. A pragmatic approach. Labour are now the grown ups in the room. We stand ready to take charge of these negotiations, not acting for narrow political gain but in the national interest. Brexit rows and all, conference is now in full flow, but as labour tries to divert attention away from its difficulties on the eu, it hopes new policies like a cap on credit card interest will be popular with voters. I am calling upon the government to act now and apply the same rules on payday loans to credit card debt. It means that nobody will ever pay more in interest than the original loan. If the tories refuse to act, i can announce today that the next Labour Government will amend the law. And there was also an expensive announcement about pfi, the programme of funding Public Infrastructure projects with private capital. We will put an end to this scandal and we will reduce the cost to taxpayers. How . We have already pledged that there will be no new pfi deals signed by us in government. But we will go further and i can tell you today it is what you have been calling for. We will bring existing pfi contracts back in house. Labour is trying to show it has got the idea is to propel it into government. It hopes to prove notjust to its own supporters but voters elsewhere it has got what it takes to lead the country. Eleanor garnier, bbc news, brighton. Now we can get a brighton where vicky young can put this into perspective. There was a lot on offer from John Mcdonnell today, some of those promises we saw in the labour ma nifesto promises we saw in the labour manifesto and some of them proved very popular with people such as the renationalisation of railways, for example. Broadly a much bigger role for the state. Inevitably the immediate questions that have been asked on the government in particular are how do labour propose to pay for all of this . I am joined by annelise dodds from the treasury tea m team who can help us with that. First of all, on pfi, for example, how do you propose to get out of contracts that have been legally signed . Presumably contracts that have been legally signed . Presumably you contracts that have been legally signed . Presumably you will have to pay some into the companies in order to do that . We will consult on how to do that . We will consult on how to deliver the policy but we think we could, for example, Exchange Shares or bonds which would be a kostelic a way of doing it, but let us kostelic a way of doing it, but let us be clear that at the moment we are paying out a huge amount on these pfa contracts and the Public Sector will be paying £195 billion to service these contracts and we think it is necessary to look at a different approach that would be cost neutral and remove the liability and have those services delivered and the provisions and facilities delivered in a much cheaper way for the taxpayer. John mcdonnell said we are taking them back in house, these contracts, afterwards labour Party Officials suggested that this was actually a review. Do you have a sense of how many of these contracts would be brought back in house . Many of these contracts would be brought back inhouse . The first thing he said was that we would not sign any new ones and he said that we would look into trying to ultimately control all of those ones that are currently in play. The exact mechanisms are doing that is what we need to work on now. We are looking at exchanging shares for bonds and we think it is a cost neutral way of delivering this and above all we want to remove the additional liability into the future from our hospitals and our other parts of the Public Sector because right 110w now there are a number of trusts getting into Financial Difficulties because they have too served that pfi contract. It is a strange situation to be in when we have money that should be spent on services instead being spent on those contracts amanita get out of that position and into a better place. Another thing John Mcdonnell promised was the renationalisation of railways and bringing energy and the water sector back into the state system. The water sector back into the state syste m. H ow the water sector back into the state system. How will it be paid for as well . He talked about reversing the tax and more taxes on the wealthy but this is about changing the regulatory parameters of how those industries work. In rail we have a Franchise System and it could be the case that Public Sector operation could take over those franchises. It is not something that is radical and that doesnt happen in any other country. A huge of our rail is owned by the state German Company and yet it is operating in britain without the necessary improvements and going into the british sector which would be the case if we had a nationalised rail sector owned by britain itself. It is not about spending money but changing regulatory parameters and making them operate a like they do in other countries. We spoke to the iss earlier who said that some of the promises in this speech, the costs were eye watering, and there is no way that loopholes being closed for the wealthiest, a lot of it has already been done and there is no way you can raise the revenue you made today. Labelwas is no way you can raise the revenue you made today. Label was the only party that set out at the last election how we would pay for our pa rt election how we would pay for our part promises. There has been debate and discussion about our great book but we as a party made sure we had the information and the conservatives did not do that. We are intensifying the debate and it would be good for us to discuss with mrjohnson how we pay for those commitments but a lot of the labour agenda when it comes to the new system for credit card payments, where we are very worried about personal debt and tried to deal with that, those wouldnt be spending commitments, they are commitments to change regulations so we have an economy that works better for ordinary people because it does not work for them at the moment. Thank you very much indeed for explaining all of that to us. This keynote speech by John Mcdonnell, there has also been a row about brexit, as you would imagine, the issue of the moment in politics, but we have had a discussion on the floor of the conference about all of that and possibly more on that later today. Thank you very much. We will have more on that now. The fourth round of brexit talks between british and eu negotiators has begun in brussels today. Its the first opportunity for the european delegation to respond to theresa mays speech in florence last week, which aimed to break the deadlock in negotiations. Chris morris is in brussels. Has deadlock been breached . Not yet. What is happening at the moment is Michel Barnier is addressing the ministers from the other 27 countries in the ministerial meeting and giving them his version of where we have got to at the moment. In a couple of hours time mr barnier and david davies will meet up as this round of talks really gets under way. I think what we will see this week is the eu really trying to road test some of the broad principles that theresa may set out in that speech in florence and go through them and technical detail. Essentially they are still saying, where is the beef . On money she said that the uk would be prepared to continue paying into the eu budget during a two year transition and we know it could be roughly £18 billion worth of contributions. What the eu wants to know is what does britain think it is paying know is what does britain think it is know is what does britain think it is paying for . Is that primarily or exclusively to maintain britains current role in the Single Market or does britain think it will have paid off some of its past bets as well . Money is a critical issue and is on some of the other things such as an agreement on Citizens Rights the rest of the eu is going to take some of the statements that theresa may made and say to negotiators they should drill down into it a bit and come up with specific proposals. What are you picking up in terms of the mood music . Do you get a sense that what theresa may said last week has changed the dynamic . It is quite hard to tell, partly because while our newspapers and broadcasters like us go through every twist and turn of what is happening, the rest of europe has moved on a bit and it is really not the First Priority in the media among many other officials. They are looking hard, as we are, at what is happening in the german election and also at other issues. Tomorrow emmanuel macron, there is president of france will give a speak about the future of the eurozone said this is not as front a centre as we thought it would be. We are keen to get things moving and get a deal under way. Overall they like the tone of the speech because it was a lot less aggressive, possibly the right word, than her previous speech backin right word, than her previous speech back in january. Thank you very much. We are going to go to downing street because the taoiseach has had talks with the Prime Minister and he is speaking now. I had a meeting with theresa may and her team and it is the third time that we have met since i was elected as taoiseach and she made a very important speech in florence on friday so it was a Good Opportunity to speak to her before i meet my european colleagues in tallinn on thursday. I think what really struck me about the meeting today was that there was so much more that unites there was so much more that unites the British Government and the Irish Government than divides us and we are both very committed to seeing the executive and assembly and institutions back up and running in Northern Ireland. We are committed to maintaining the common travel area between britain and ireland and ensuring the free trade arrangements that exist between as should continue. It was a very good meeting and it was nice to the opportunity to speak to her so soon after the florence speech and in advance of my meeting with the other european Prime Ministers, which will happen in tallinn in stoney friday. In estonia on friday. What did you say to theresa may about issues in ireland that need to be solved . Certainly i have always encouraged the British Government to be more specific about how they see the future relationship between britain and ireland earned between the United Kingdom and the European Union. One thing i think that was very important was the fact that britain will not seek any physical infrastructure on the border and to me that is very important. It is a bit more than saying you dont want border of the past hardboard or saying there is no physical infrastructure is a very strong statement in my view. I have pointed out that the way you can best achieve that is for the United Kingdom including Northern Ireland to stay in some form of a Customs Union and some form of singles market with European Union and we would like to explore these things and if we are able to consider a move into phase two of the talks that would be a decision we make collectively as 27 european Member States that are remaining and i would have my first chance to talk with any of my european colleagues by ministers on thursday in tallinn. What are the options that you feel you have now . No we discussed the fa ct you have now . No we discussed the fact that there are talks underway. Both of us were very much of the view that what is required here is that the dup and sinn fein come together and come to Work Agreement together and come to Work Agreement to restore the institutions to get the executive assembly back up and running. In the past that has required external interventions from the government or outside and at this stage the most important thing is that the dup and sinn fein come together and give the people of the Northern Ireland the devolved government which is what they want to give Northern Ireland a unique voice when it comes to brexit which is something that i think would be very important. Neither of us at this stage are contemplating a failure of the talks. Certainly i dont see any particular advantage in having another election in Northern Ireland and i did express a very strong view of the government in ireland that we would not favour a return to direct rule and we would see the good friday agreement continuing to be implemented. What would be a personal recommendation to your fellow european leaders when you meet them in italian as to whether we should progress to stage two of the talks . Secondly there have been people voting down local property tax people are worried about the effect of the real valuation what it could cause in terms of taxation their homes, can you give any promise guarantee to people that there would be no increase in the valuation of tax on their homes during your tenure . Guild when it comes to making a recommendation as to whether sufficient progress has been made, it is too early to say whether thatis made, it is too early to say whether that is a decision that will be made by the 27 european Prime Ministers, including me, when we meet in brussels in october so we have a bit ofa brussels in october so we have a bit of a way to go yet and i dont think it is right and i dont gilby correct to say at the moment that sufficient progress has been made but it is possible that between now and then it will happen and certainly we will be very much guided by the report that Michel Barnier will make to the Prime Ministers and also the report that the European Parliament will make andi the European Parliament will make and i dont think at this stage it is possible to say that sufficient progress has been made but it may well be possible by the end of october when meet in brussels. Local property tax and the economy and financial stability, can you reassure people there will be no increase in local economy tax . As you know, local councils have the power to vary the property tax up and down by about 15 . My own local authority in fingal decided to vary downwards only by 10 instead of 15 and thus freeing up about £2 million for housing and homelessness and those of the decisions that local authorities are free to make and local councils have to make those decisions for themselves at local level. One thing i dont envisage andi level. One thing i dont envisage and i dont want to see and we will try to avoid is any sudden hike in property taxes for people in 2019. I dont think revaluations can be put off forever, that is a mistake made with commercial rates and it doesnt work either but there has been a significant increase in property values, particularly in the greater dublin area but notjust there, and i certainly dont envisage and nor doi i certainly dont envisage and nor do i want to see a sudden and dramatic hike in property taxes in 2019 so we will be working on a solution to avoid that. Thank you. So, having had talks with theresa may the 1st eu leader to visit her since her keynote address in florence last week and which she set out hopes for a post makes a relationship with brussels. The power sharing assembly were back in action at stormont and they featured in those talks between the two leaders. In terms of brexit, he was askedif leaders. In terms of brexit, he was asked if he felt there had been any progress made following theresa may s speech and he said it was too early to say. He is meeting the other eu leaders in italian on thursday and he said that would be the moment when they discuss whether progress has been made, once we have spoken to Michel Barnier who is talking to david davis in brussels later today. In terms of storm on, he said that the two leaders were in a sachet of space in terms of getting the Northern Ireland executive up and running again and he said there is so much more tha