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will hold a referendum on a proposed council tax increase of 15% which would be used to pay for social care. i m rebecca jones. and in the next hour a shock exit for the defending champion novak djokovic at the australian open tennis. he s beaten in five sets by the world number 117 denis istomin of uzbekistan. and british sailor alex thomson heads towards a second place finish in one of the toughest yacht races in the world. good afternoon and welcome to bbc news. theresa may has outlined her vision of a truly global britain during an address to business leaders at the world economic forum. the prime minister said the uk is facing a period of momentous change and must forge a new role. and she urged international businesses to behave more responsibly, by paying their fair share of tax, and recognising their duties to their staff. mrs may said the world economy must be made to work for everyone, as our business editor simonjack reports from davos. theresa may step ....