Morning briefing Monday 13th April

0:00This episode of the Times Radio News Briefing is sponsored by PwCWC. Staying competitive means getting ahead, not just keeping up. So how do business leaders cut through the noise and focus on what really matters. PwC takes you further with tech, from optimising the systems that put your data to work, to scaling AI from proof of concept to competitive edge. PwC helps you meet tomorrow's tech demands, so you can compete at a speed that rewrites the rules. Discover more at pwc.co.uk. This is Times Radio's morning briefing on Monday the 13th of April. I'm Daryl Jackson. Hungary's Prime Minister Viktor Orbán has conceded defeat in the election there.

0:44After 16 years in power, with the opposition on course for a landslide win, Peter Magyar is set to be the country's new Prime Minister. His party is set to win a massive majority in Parliament. Adam Payne, editor of Politics Home, told Times Radio the reaction from Europe shows how big a moment this is. Keir Starmer, I believe, has described it as an historic moment, not only for Hungary, but for European democracy. Ursula von der Leyen, the head of the European Union, European Commission, she's talked about how Europe's heart is beating Hungary tonight. You've had Mertz in Germany, you've had Sanchez in Spain.

1:20You look at the reaction from leaders across Europe and there's clearly a sense that this is a big moment. Donald Trump says the US Navy will secure the Strait of Hormuz. The president claims British minesweepers will help, although it's understood the UK won't be involved in a blockade. The US military is to implement that blockade from 3pm UK time this afternoon. Rob McHair is a former British ambassador to Iran and told Times Radio what might happen now. It's very difficult to know what shipping will choose to do because of course neither government can actually instruct shipping to use the straits.

1:54And there'll be some difficult decisions for ship owners and insurers and the owners of the cargo to decide what risks they're prepared to take under this situation. Peace talks between Israel and Lebanon are due to take place in Washington tomorrow. The Israelis have been continuing their offensive against Hezbollah in southern Lebanon. Last week, the Lebanese capital was hit with more than 100 bombs in 10 minutes, killing more than 350 people. Lil Christou is a journalist in Beirut and told Times Radio everything depends on those talks. The only reason that Israel has stopped its strikes in Beirut and is considering even the negotiations with Lebanon is because Trump has leaned on them.

2:31and he's leaned on them because he wants the Iran ceasefire to work. So if that Iran ceasefire crumbles and these talks don't come through, that means we're going to see a resumption of fighting in Lebanon. And a six-day strike by resident doctors will end today, but it appears to be ending in something of a stalemate, with both the BMA and the government remaining unflinching. Roy Lilly, former NHS Trust chairman and health commentator, told Times Radio that talks must resume. All of these industrial relations issues are always so confrontational. At the end of the day, we know all arguments.

3:07You have an argument at home with your family, an argument with a neighbour, an argument at work. Nations have arguments. They always end up with people talking to each other. And you can hear more on all of those stories throughout the day on Times Radio.

3:25This episode of the Times Radio News Briefing is sponsored by PwC. AI is everywhere. In the news, in our hands, but return on investment, not so much. So how do you get beyond the hype and deliver AI that powers reinvention and growth across your business? Strong foundations unlock AI's potential. That's why PwC takes you further with tech, strengthening the data quality, processes and workflows that shape how well AI performs. PwC turns innovation into implementation so you can accelerate from experiment to scale. Discover more at pwc.co.uk. Because you didn't just say, how can I provide these investments?

4:09You'd be, how do I holistically provide everything? How do I bring in the legal, the accounting, all this? And do it at a price point and no one else is doing it. Learn more about how we approach wealth management at creativeplanning.com slash integrated.