Browse content similar to 03/03/2012. Check below for episodes and series from the same categories and more!
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Good afternoon. BP has taken a big and expensive step towards | :00:23. | :00:25. | |
finalising the financial bill it will face from its 2010 oil spill | :00:25. | :00:32. | |
in the Gulf of Mexico. The company has agreed to pay �4.9 billion to | :00:32. | :00:37. | |
settle claims from more than 100,000 people and businesses. Our | :00:37. | :00:44. | |
business correspondent, Joe Lynam, reports. | :00:44. | :00:48. | |
It was the worst oil spill in American history, killing 11 | :00:48. | :00:56. | |
workers. It was also a financial and PR disaster for BP, costing the | :00:56. | :01:02. | |
job of its then chief Executive Tony Haywood. Now BP has settled | :01:02. | :01:11. | |
with over 100,000 individuals and companies whose lives were affected | :01:11. | :01:17. | |
by the massive environmental disaster. It hit the economy, it | :01:17. | :01:23. | |
gave the perception that this place is tainted. Fishing is good but the | :01:23. | :01:33. | |
people just are not here. You walk into the marshes and it is | :01:33. | :01:36. | |
definitely still there. This settlement is just the beginning of | :01:37. | :01:41. | |
the payout of facing BP. It still has to agree a financial figure | :01:41. | :01:46. | |
with the US government and is itself suing other companies | :01:46. | :01:49. | |
including Trans ocean which actually operated the ill-fated rig | :01:49. | :01:54. | |
and halibut and which operated go deep-sea well. The settlement also | :01:54. | :02:00. | |
appears to be on higher side of what was expected, meaning the | :02:00. | :02:05. | |
reserves set aside for BP for the final cost may not now be enough. | :02:05. | :02:07. | |
Private companies could take responsibility for investigating | :02:07. | :02:08. | |
crimes and patrolling neighbourhoods, under a radical | :02:08. | :02:12. | |
plan being put forward by two of Britain's largest police forces. | :02:12. | :02:14. | |
West Midlands and Surrey have invited bids from major security | :02:14. | :02:21. | |
companies to provide a wide range of services. Daniel Boetcher | :02:21. | :02:27. | |
reports. Police forces in England and Wales | :02:27. | :02:32. | |
are having to make budget cuts of 20% in four years. And there are | :02:32. | :02:36. | |
also under pressure to protect frontline services. Some are | :02:36. | :02:40. | |
already use the private sector for work such as the managing custody | :02:40. | :02:45. | |
blocks and some back of its duties. What is proposed goes much further | :02:45. | :02:48. | |
and is on a bigger scale. West Midlands and Surrey police are | :02:48. | :02:58. | |
asking private security firms to bid for contracts. These could | :02:58. | :03:02. | |
include involvement in patrols, investigations, and responding to | :03:02. | :03:06. | |
incidents. The West Midlands force insist it would not involve | :03:06. | :03:16. | |
:03:16. | :03:16. | ||
carrying out arrests. When it comes to arrests of suspects, it is clear | :03:16. | :03:23. | |
that that continues to be done by sworn officers. The Home Office | :03:23. | :03:26. | |
says it supports the police in considering the value of private | :03:26. | :03:31. | |
sector partnering to achieve cost savings. The police has described | :03:31. | :03:35. | |
the proposal as worrying and Labour says public-private partnerships | :03:35. | :03:41. | |
should not cross the line into areas that could put public Trust | :03:41. | :03:45. | |
or impartiality at risk. David Cameron has said reform of | :03:46. | :03:48. | |
the National Health Service is "unavoidable and urgent" and he did | :03:48. | :03:51. | |
not care if the government - in his words, took "a hit" over the issue. | :03:51. | :03:53. | |
Speaking at the Conservatives spring forum, the Prime Minister | :03:53. | :03:59. | |
said there was no going back on the reforms. But he said support for | :03:59. | :04:04. | |
the NHS was in his party's DNA. Two mortgage lenders are set to | :04:04. | :04:07. | |
raise their mortgage rates - the changes will affect more than | :04:07. | :04:09. | |
800,000 people on variable mortgages. RBS-Natwest is | :04:10. | :04:12. | |
increasing the cost of some mortgages by 0.25%, while Halifax | :04:12. | :04:21. | |
is expected to raise its standard variable rate. | :04:21. | :04:24. | |
A wave of tornadoes has killed at least 27 people in the central and | :04:24. | :04:28. | |
southern United States. Kentucky and Indiana were hit hardest. | :04:28. | :04:38. | |
:04:38. | :04:41. | ||
Philippa Thomas reports. One of the most powerful tornadoes | :04:41. | :04:48. | |
swept over the area. This is what it left behind. A school bus torn | :04:48. | :04:54. | |
across the road, shunted into a house. Devastated. This is the | :04:54. | :05:01. | |
nearby town of Mary still, set by the shelves department to have gone | :05:02. | :05:09. | |
completely. It had 1900 residents. On this big deal you can see the | :05:09. | :05:17. | |
Tornado and also hear the hailstones. Further south in | :05:17. | :05:25. | |
Alabama, residents were well prepared to ride out the storm. | :05:25. | :05:30. | |
That used to be a mobile home. year was one of the deadliest | :05:30. | :05:36. | |
seasons on record. This year at the storms have come early. | :05:36. | :05:38. | |
The funeral is taking place in Belfast for one of the city's | :05:39. | :05:42. | |
favourite sons, the comedian Frank Carson. He died last month at the | :05:42. | :05:52. | |
:05:52. | :05:53. | ||
age of 85. Mark Simpson is there. It has been a very different fuel, | :05:53. | :05:57. | |
people have been bluffing as much as they have been crying. Frank | :05:58. | :06:02. | |
Carson's coffin was taken into the church a short time ago by his | :06:02. | :06:05. | |
family and friends and in the congregation are people from all | :06:05. | :06:09. | |
walks of life, from boxer Barry McGuigan to the broadcaster Eamonn | :06:09. | :06:15. | |
Holmes. The snooker player Dennis Taylor was often there and | :06:16. | :06:18. | |
politicians like Martin McGuinness. And they have all been told within | :06:18. | :06:24. | |
the last few minutes how to remember Frank Carson, the bishops | :06:24. | :06:28. |