Browse content similar to 30/12/2015. Check below for episodes and series from the same categories and more!
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to see an award coming this way for it. He is one of the hundreds being | :00:00. | :00:00. | |
honoured for their work in the local community. | :00:00. | :00:17. | |
Hello and welcome to our look ahead to what the papers will be | :00:18. | :00:20. | |
With me are the campaigner and broadcaster Lynn Faulds Wood | :00:21. | :00:23. | |
and the Independent's Political Correspondent, James Cusick. | :00:24. | :00:32. | |
The Guardian has a picture of Dumfries in Scotland under water | :00:33. | :00:38. | |
after the River Nith burst its banks. | :00:39. | :00:40. | |
The paper says George Osborne has been accused of jeopardising | :00:41. | :00:42. | |
Britain's flood defences by prioritising cutting the deficit. | :00:43. | :00:45. | |
Top women in business who have received honours are pictured | :00:46. | :00:47. | |
Its main story: A review of Britain's banking culture has | :00:48. | :00:52. | |
been ditched by Britain's financial watchdog only months | :00:53. | :00:54. | |
The Express says the UK's payments to Brussels are another reason | :00:55. | :00:59. | |
Train tickets could become a thing of the past. | :01:00. | :01:21. | |
And The Mirror has an image of the man accused of shooting | :01:22. | :01:24. | |
dead his wife in a care home in Essex. | :01:25. | :01:27. | |
Let's kick off with the ST FrontPage. This was the central | :01:28. | :01:39. | |
plank of the Financial Conduct Authority's plans. They were going | :01:40. | :01:44. | |
to review the culture of pay and promotion within the bank and | :01:45. | :01:48. | |
concerns about their practices and so on. It has all been scrapped. I | :01:49. | :01:55. | |
worry about reviews. I am conducting one for the moment for the | :01:56. | :02:00. | |
Government into unsafe products and things which I did for watchdog. It | :02:01. | :02:07. | |
is worried -- worrying that they are kicked into the long grass. I hope | :02:08. | :02:11. | |
that does not happen to mind. This was launched and put to Parliament | :02:12. | :02:16. | |
and business scenario has all gone. I do not know if that is associated | :02:17. | :02:22. | |
with the fact that the Chief Executive of the Financial Conduct | :02:23. | :02:24. | |
Authority was forced out just around the time they were launching this | :02:25. | :02:30. | |
review. Now it looks like it is being scrapped. Scrapped or delayed? | :02:31. | :02:38. | |
A Conservative MP told that he hoped it was delayed rather than | :02:39. | :02:42. | |
cancelled. I think it is actually dead. I think that is what happened. | :02:43. | :02:49. | |
This has been coming. There have been noises from Downing Street that | :02:50. | :02:54. | |
effectively the Government needed a new relationship, a closer | :02:55. | :02:58. | |
relationship, with the city. Another is of banker bashing is not wanted. | :02:59. | :03:07. | |
That is what has happened. -- era of banker bashing. There is potential | :03:08. | :03:11. | |
for criminal investigations and lots of stuff to happen. They want to | :03:12. | :03:16. | |
draw a line and move on. I'm sure they want to do that. They're worthy | :03:17. | :03:22. | |
foreign exchange scandals and the LIBOR scandals. We still have court | :03:23. | :03:27. | |
cases going through on that. It is very low fruit, the catchment on | :03:28. | :03:37. | |
that. The focus on the culture in financial services firms remains a | :03:38. | :03:42. | |
priority. There is ongoing work in this area within firms and | :03:43. | :03:49. | |
externally. How long does that take? I still remember days when people | :03:50. | :03:55. | |
like Fred Goodwin were honoured for their services to banking. Why don't | :03:56. | :04:03. | |
they publish the Christmas bonuses, to stop us being cynical? We have | :04:04. | :04:10. | |
only had a few days since Christmas! Take us to the other story. Rubel | :04:11. | :04:18. | |
plunges as oil is in second year of recession. The Russian president has | :04:19. | :04:24. | |
said he expected the crisis to have passed. That does not look as if it | :04:25. | :04:31. | |
has happened. On international markets, Saudi Arabia has what is | :04:32. | :04:38. | |
called a pump and dump strategy. They continued to use this strategy | :04:39. | :04:47. | |
because they are trying to hurt the shale industry. There will probably | :04:48. | :04:52. | |
be new supplies from Iran and Libya coming. The amount of supply of all | :04:53. | :05:01. | |
-- of oil will do nothing. Unlike Russia. The predictions of an easy | :05:02. | :05:08. | |
year are gone. This story is well explained. It basically says, the | :05:09. | :05:14. | |
rouble has nothing to look forward to. Good news for us consumers who | :05:15. | :05:20. | |
feel our cars with petrol. My favourite phrase in all of this is | :05:21. | :05:26. | |
an economist from Russia saying the current crisis has no concrete | :05:27. | :05:32. | |
bottom. That is putting it mildly. That may be a bad translation. Fair | :05:33. | :05:40. | |
enough. In the Express. Britain pays EU ?1 billion a month. This is | :05:41. | :05:47. | |
coming from the chief Executive of the league campaign. I would like to | :05:48. | :05:54. | |
have this audited. We gain and we lose. This 1 billion may not in | :05:55. | :06:01. | |
fact, be an exact 1 billion. They are claiming 1 billion a month will | :06:02. | :06:06. | |
make us want to leave Europe. This is as a result of him saying we have | :06:07. | :06:12. | |
spent half ?1 trillion into the budget since joining. I have done a | :06:13. | :06:21. | |
lot of work in Europe and helped matters. I think we get a lot out of | :06:22. | :06:26. | |
Europe we cannot quantify on health. We are still among the worst in | :06:27. | :06:33. | |
Europe for things like cancer. We do a lot of business with Europe. How | :06:34. | :06:40. | |
you can quite say, can you work it out, that this is a billion quid a | :06:41. | :06:46. | |
month? If we take the Prime Minister at his word, we are potentially six | :06:47. | :06:53. | |
months away from a referendum. Increasingly, we are liable to see | :06:54. | :06:59. | |
this kind of campaigning. As dark as this, whether is no attempt to | :07:00. | :07:06. | |
balance two sides of the equation. This is effectively an opening | :07:07. | :07:09. | |
gambit. Over the next six months we need to be vigilant that Europeans | :07:10. | :07:14. | |
have told only one side of the story. Stay with it. James, quite | :07:15. | :07:25. | |
telling image on the front from the storms that a lot of people have | :07:26. | :07:33. | |
ensured. 100 miles an hour wind. The BBC has been good on this. The BBC | :07:34. | :07:41. | |
has been trying to explain how, if you like, this is happening. It is | :07:42. | :07:48. | |
not freak weather. This was effectively coming, this scale of | :07:49. | :07:56. | |
stuff. Once it reaches this amount, when you see fairly established | :07:57. | :08:02. | |
towns underwater, Dumfries and your, these are horrific images. The | :08:03. | :08:08. | |
climate change deniers are in a very difficult position. How much have we | :08:09. | :08:14. | |
known it was coming? How much have we could you be two to it? Earlier | :08:15. | :08:19. | |
in the summer there was torch about farmers were straightening out the | :08:20. | :08:26. | |
rivers. -- there was talk. We need to know the contributory factors. We | :08:27. | :08:30. | |
knew it was coming and we knew it would be horrible. We did not know | :08:31. | :08:36. | |
it would be this horrible. We need to get more prevention strategies | :08:37. | :08:39. | |
going. If we are increasingly going to have this happen, do we have to | :08:40. | :08:44. | |
look at Dominic Grieve can either abandon your home and go somewhere | :08:45. | :08:48. | |
else and give it to someone who will want to live there and be flooded? I | :08:49. | :08:53. | |
have covered the floods down in Gloucestershire. It is a horrible | :08:54. | :08:57. | |
thing when you're flooded. The houses were getting ready and all | :08:58. | :09:01. | |
the electrics were lifted. If you want to live right beside the River, | :09:02. | :09:08. | |
there will be so much flooding and cowboy builders will have a field | :09:09. | :09:14. | |
day. Some of the flood defences, the first time the river flooded, it's | :09:15. | :09:19. | |
not the walls down. We have to be very careful and put much more | :09:20. | :09:27. | |
effort... We keep reading about the cutting the budget. That takes us on | :09:28. | :09:33. | |
to the front page of the Guardian. James... This is the George Osborne | :09:34. | :09:40. | |
quote. The Guardian has been quite clear. It is the National Audit | :09:41. | :09:49. | |
Office figures. They say there is a 10 cents decline in flood defence | :09:50. | :09:56. | |
spending since 2010. -- a 10% decline. The professor has analysed | :09:57. | :10:01. | |
the data transferred, what we really expect is to see spending at a much | :10:02. | :10:08. | |
higher level. Over the last five years, we have had climate change | :10:09. | :10:13. | |
deniers in fairly senior positions in the Government. We do have David | :10:14. | :10:18. | |
Cameron promising to invest ?400 million year in shoring up flood | :10:19. | :10:22. | |
defences. It is how you shore them up. At the moment we are trying to | :10:23. | :10:27. | |
contain the rivers survey do not overflow. We need to go deeper and | :10:28. | :10:32. | |
earlier and find how the rivers are getting so fall in the first place. | :10:33. | :10:43. | |
I live on a flood plain. He said you are mad if you live in a flood plain | :10:44. | :10:47. | |
and you are mad if you build a house in a flood plain. They do not take | :10:48. | :10:58. | |
into account the dramatic changes. If the Government is serious about | :10:59. | :11:03. | |
this, and it needs to be, they need to make your detailed enquiry. Two | :11:04. | :11:09. | |
they have their policy correct? If we are going to believe the Oxford | :11:10. | :11:15. | |
professor, they have not. One more from the Guardian. UK builders hold | :11:16. | :11:20. | |
back enough land for 600,000 new homes. Osborne said there is a | :11:21. | :11:30. | |
growing crisis facing home ownership. The biggest | :11:31. | :11:35. | |
house-builders in the land have enormous land banks of places they | :11:36. | :11:41. | |
could build on. I live in an area near Twickenham Studios. That was | :11:42. | :11:46. | |
going to be taken away and replaced with housing. The house-builder that | :11:47. | :11:50. | |
was interested in that said we have plenty of other land. There is | :11:51. | :11:59. | |
plenty of land. The problem is, they are not building affordable houses | :12:00. | :12:04. | |
on it. Take us to the Telegraph and the end of the line for train | :12:05. | :12:11. | |
tickets. This is the same way as London works with Oyster cards. I'm | :12:12. | :12:16. | |
hesitant about this story. I do not want to be in Waterloo, Euston or | :12:17. | :12:21. | |
King's Cross on the day that this begins. I really do not. Ayew | :12:22. | :12:27. | |
imagining it will not go smoothly? There is a line here is that says, | :12:28. | :12:32. | |
this is the managing director of the project saying, the new ticketing | :12:33. | :12:36. | |
system would improve the experience. Two the line where the computer | :12:37. | :12:43. | |
says, no? I just have visions of massive queues. The idea is we do | :12:44. | :12:48. | |
not need to have a paper ticket any more. We can even use credit cards. | :12:49. | :12:56. | |
I'm just not confident we can do it quickly. Find Mac in other countries | :12:57. | :13:04. | |
they are streets ahead. I live in London and I go on the tube. I can | :13:05. | :13:10. | |
tap in my credit card and it is half the price if I bought a ticket or | :13:11. | :13:14. | |
used cans. They want to do away with all the nice people who are sitting | :13:15. | :13:19. | |
there and selling me something and having it automated. | :13:20. | :13:22. |