and in june the u. k. did pay 6800000000 euros already to the u. hillary. i mean, we have to look at this. there was big news over the weekend, the english football team. okay. well, what i couldn't quite close the deal, but quickly are we going to be able to of this issue about 30 seconds? i really think all i have to say to you rent is katasha coming out and trust me, it's telling me, but no, this is going to be an ongoing saga. it's not going away. just like any divorce. they're always scamp that are going to be picked and things are going to, there's always going to be issues, i think. but if you look at the fundamentals, you look at the trade deals that have been completed. i think the u. k. it's not just my opinion, the data shows that the u. k is coming out of this really well and breaks it with a deal. well don, hillary ford, which i'm sorry to train you just a little bit there, but thank you so much for your excellent invalid. i will touch it with you. right. 5 and finally, richard branson became the 1st billionaire to travel the outer space on sun

and they didn't take into account all that the u. k has already paid back into the e u. and the previous agreement, interestingly, theresa may or johnson's previous i saw, had made many agreements. she agreed to the dollar, the euro numbers that will be paid to the you were ball. as johnson came into office, he did not question those euro amounts. he did not question any of those financials . and in june the u. k. did pay 6800000000 euros already to the u. hillary. i mean, we have to look at this. there was big news over the weekend, the english football team. okay. well what i couldn't quite close the deal, but quickly are we going to be able to of this issue to get about 30 seconds? i really think all i have to say to you rent is katasha. it's coming out and trust me, it's coming on. but no, this is going to be an ongoing saga. it's not going away. just like any divorce. they're always scamp that are going to be picked and things are going to, there's always going to be issues, i think. but if you look at the fundamentals, you look at the trade deals that have been com

k, because there's no political will to do it. and there's certainly no public well to do it. so guess what? we made money by and on monday and please. so me more stock if you're afraid the whole world's going to hell again and there. well, there certainly is a lot of fear out there and that. and so whenever it comes to things like this, now i want to bring up another point that brent made during his opening, which is the fact that when we look at the 3 major indexes here in the us, they are still sitting near record highs. all gaining around 30 percent over the last 12 months. so are we in for a correction? let's say you we're always going to get a corrections in a bull market. that's by definition, what a bull market is. a bull market is sort of going a straight line and it has it 10 percent pull back on fear or you know, something or an election or whatever. but then at the end of the day, the people like me who run money, have to have new money come in to our shop and we feel, gosh, what are we going to do here? are we going to sit on the couch? so that's 12 months and und

how will this government borrowing affect the long term economic prospects for the u. k. in any other country that has the shut down and the u. k. won't be alone there because as we talked about last week on the show, the global debt in general is up because of all of these stimuli right now we've talked to at length about how the breakfast rex it saga is far from over. writers. is that reporting that the u. k is expected to call for changes to the northern ireland protocol, which was a major sticking point in negotiations as they finalized the divorce. what is the issue at hand here, and does it put further tension on that contention relationship that we've seen between the u. k and the you at this point yes, brand is not going to become any less contentious. this is actually referred to, colloquially as the sausage was because a lot of it is about cold meat going into northern island. quite a while ago when i was on years ago, she went, she started talking about brakes that i said that i didn't understand why it's cool breaks. it was an ox it because ox, that is the kni

we know that the u. k. has been fighting for an exemption for finance will services this talk began. so how big of a win is this after a year of london fighting to keep its financial hub intact? post breakfast. well, pleasure to be back with you again, rachel. and this is a huge victory. this is great. it's crowns london again, as the financial capital, in fact, actually, london was just re announced as the financial global capital beeping amsterdam for numbers of shares traded. and yes, you're absolutely right, i'm, this is a victory. it's a victory in particular parisha. as soon as the chancellor of the exchequer, he's been vying for this deal. and what this does is this is an exemption, so that the u. k. banks, the city of london is within the square mile, these banks don't have to pay taxes and other countries on all of their trades. and so it does secure the center of london as a financial center and a few things about this. so he did have to make some concessions because of course the u. s. wanted the

in fact, reports say the u. k has already scored an exemption for financial services in one that following negotiations hosted by the organization for economic cooperation and development. it will ensure financial firms such as global banks in london won't face additional taxes. so joining me now to go further in depth on this is hillary ford, which president of straw mark, i'll be hillary. it's great to have you on the show today. we know that the u. k. has been fighting for an exemption for financial services. this talks began. so how big of a win is this after a year of london fighting to keep in financial hub intact? post breakfast? well, pleasure to be back with you again, rachel. and this is a huge victory. this is great. it's crowns london again, as the financial capital. in fact, actually, london was just re announced as the financial global capital beating amsterdam for numbers of shares traded. and yes, you're absolutely right. this is a victory is a victory in particular. 6 parisha soon as the chancel