Browse content similar to 11/11/2011. Check below for episodes and series from the same categories and more!
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After a turbulent week financial markets rise amid signs of progress | :00:06. | :00:10. | |
in the countries that pushed the eurozone to the brink. Italy votes | :00:10. | :00:17. | |
for a key package of cuts designed to avoid an EU bail-out. In Greece, | :00:17. | :00:20. | |
days of political wrangling end with a new Prime Minister sworn in. | :00:20. | :00:23. | |
He says his priority is to stay in the euro. | :00:23. | :00:27. | |
As the Chancellor warns of the impact on Britain, we will be | :00:27. | :00:31. | |
exploring how the crisis is already affecting us here. | :00:31. | :00:37. | |
Also tonight: The death toll from Syria's crackdown on protesters is | :00:37. | :00:41. | |
escalating with the Arab League under pressure to suspend its | :00:41. | :00:44. | |
membership. It's London! | :00:44. | :00:49. | |
Another sporting event is coming to the UK. The Olympic Stadium will | :00:49. | :00:52. | |
host the World Athletics Championships in 2017. | :00:52. | :00:56. | |
It is not just for London, there is a decade, an extraordinary decade | :00:56. | :01:03. | |
of British sport now. As millions pause to remember the | :01:03. | :01:10. | |
fallen, how a record number of poppies have been sold this year. | :01:10. | :01:14. | |
I will be here with the sport on the BBC News Channel with goals | :01:14. | :01:19. | |
from tonight's first legs in the Euro play-offs including Ireland's | :01:19. | :01:29. | |
:01:29. | :01:42. | ||
Good evening. There's been some relief on the financial markets | :01:42. | :01:46. | |
today after the two countries that took the eurozone close to breaking | :01:46. | :01:50. | |
point moved towards getting their economies back on track. In Italy, | :01:50. | :01:55. | |
the Senate approved austerity measures while Greece swore in a | :01:55. | :01:58. | |
new Prime Minister. With evidence mounting on how Europe's troubles | :01:58. | :02:02. | |
are affecting British growth and jobs, the Chancellor is warning | :02:02. | :02:07. | |
that the economy here remains in danger. Our first report is from | :02:07. | :02:13. | |
Matthew Price. From Rome today, a glimmer of hope. | :02:13. | :02:17. | |
Italy's Senate passed a series of emergency economic measures. When | :02:17. | :02:22. | |
the Lower House does the same, Prime Minister Silvio Berlusconi | :02:22. | :02:27. | |
has said he will resign, making way, it is assumed, for this man, Mario | :02:27. | :02:31. | |
Monti, a former European Commissioner who will head a | :02:31. | :02:37. | |
technocrat government. Mario Monti will be tasked with balancing | :02:37. | :02:45. | |
Italy's budget by 2014. Italian VAT will go up to 21%. Public sector | :02:45. | :02:50. | |
salaries will be frozen for three years. There will be a crackdown on | :02:50. | :02:56. | |
tax evasion. Europe's leaders welcomed the news. I'm very hopeful | :02:56. | :03:00. | |
that Italy will sort out this situation quite soon. The recent | :03:00. | :03:06. | |
news we have been receiving from Italy goes in that direction. I | :03:06. | :03:10. | |
cannot respond for Italy. Europe's other problem capital, | :03:10. | :03:14. | |
Athens, there were more anti- austerity protests on the streets | :03:14. | :03:20. | |
today. "I'm expecting further barbaric measures against the | :03:20. | :03:25. | |
people" this woman said. Here, too, a new government is being imposed | :03:25. | :03:31. | |
on the country. Another technocrat, Lucas Papademos, was sworn in today. | :03:32. | :03:36. | |
His job? To force through more painful austerity measures demanded | :03:36. | :03:39. | |
by Brussels. Here at the European Commission, there's a real sense | :03:39. | :03:44. | |
that Greece and Italy are doing part of what is needed to contain | :03:44. | :03:48. | |
the debt crisis. One problematic Prime Minister has gone, another is | :03:48. | :03:53. | |
on the way out. But is it democratic? Brussels gets what it | :03:53. | :03:59. | |
wants, do the voters? For now, though, it is money to bail out | :03:59. | :04:03. | |
Europe that matters most. Many say the European Central Bank should do | :04:03. | :04:09. | |
more to support countries under threat. In Berlin, they don't agree. | :04:09. | :04:13. | |
Germany's worried about the consequences of the ECB printing | :04:13. | :04:16. | |
more money. Today its economics Minister said a bail-out would | :04:16. | :04:22. | |
remove the pressure on debt-ridden countries to reform. He also had | :04:22. | :04:25. | |
some advice for Britain. TRANSLATION: I find it a bit odd | :04:25. | :04:28. | |
that the British don't have the euro and yet they are constantly | :04:28. | :04:32. | |
giving us advice as to what we should do. They don't want to help | :04:32. | :04:36. | |
in any way. A sign of tension, perhaps, though | :04:36. | :04:39. | |
the Chancellor, George Osborne, was today concentrating on what all | :04:40. | :04:45. | |
this means back home. It's a very, very difficult and dangerous | :04:45. | :04:48. | |
situation in the eurozone. Britain is impacted by what is happening, | :04:48. | :04:52. | |
there is no doubt that growth in Britain, jobs in Britain have been | :04:52. | :04:57. | |
hit by what's going on. Back in Italy, Silvio Berlusconi this | :04:57. | :05:02. | |
evening headed off for what might be his last official engagement as | :05:02. | :05:06. | |
Prime Minister. The markets stabilised when he announced he | :05:06. | :05:10. | |
would resign. Today's news also calmed them. But they know the euro | :05:10. | :05:20. | |
is still in a critical condition. As you heard, the Government | :05:20. | :05:24. | |
believes that the eurozone crisis is hurting us here. Hugh Pym has | :05:24. | :05:29. | |
been looking at the evidence of the affect it's having on British lives | :05:29. | :05:33. | |
and businesses. One bit of the British economy is | :05:33. | :05:38. | |
especially vulnerable to a eurozone sloedown - exports. Nearly half the | :05:38. | :05:42. | |
UK's foreign trades are with continental Europe -- slowdown. | :05:42. | :05:46. | |
Some businesses are concerned, like this one in Telford. It makes | :05:46. | :05:48. | |
components for a range of industries. They are doing well, | :05:48. | :05:53. | |
but just in the last month, they have seen European orders tailing | :05:53. | :05:58. | |
off. We are starting to see, what we would term, a softening. The | :05:58. | :06:03. | |
interesting thing is yes, 25% of our business is in Europe, mainly | :06:03. | :06:11. | |
Germany, France, Spain. We are also seeing a similar thing happening in | :06:11. | :06:15. | |
other areas in the world that we service. The eurozone's financial | :06:15. | :06:20. | |
turmoil is having an impact on pensions here. That's because | :06:20. | :06:25. | |
pension funds invest in Government bonds. Italian borrowing costs have | :06:25. | :06:31. | |
soared, now just below 7%. So money's moved to the UK. The | :06:31. | :06:34. | |
British Government's borrowing cost has fallen to just over 2%, that is | :06:35. | :06:39. | |
the interest rate payable to investors. That's good in many ways | :06:39. | :06:43. | |
for the UK. But there is an unfortunate impact on many workers | :06:43. | :06:47. | |
who are about to retire. Their annual pension income is closely | :06:47. | :06:52. | |
linked to those interest rates paid by the Government. Here's how the | :06:52. | :06:56. | |
eurozone crisis has hit pension returns. Some workers retire having | :06:56. | :07:01. | |
built up a stand-alone pension pot. Let's say that is a sum of �50,000. | :07:01. | :07:07. | |
In November 2008, that would have guaranteed a pension of just over | :07:07. | :07:13. | |
�3,200 per year. Anyone retiring this month would only be offered | :07:13. | :07:17. | |
�2,600 for their annual pension. It's never been more difficult for | :07:17. | :07:20. | |
people reaching retirement. Their assets haven't been growing and the | :07:20. | :07:23. | |
price they are having to pay to turn those assets into an income | :07:23. | :07:29. | |
has never been higher. It is a double whammy. The eurozone's | :07:29. | :07:32. | |
financial stresses and strains are affecting mortgages. Some borrowing | :07:32. | :07:36. | |
rates have been pushed up. Banks are reluctant to lend to one | :07:36. | :07:39. | |
another because of fears about the future. Their cost of borrowing has | :07:39. | :07:45. | |
risen and that's been passed on to some people with tracker mortgages. | :07:45. | :07:50. | |
Typically rates have gone up by 0.1% and 0.4%. As the cost of | :07:50. | :07:54. | |
wholesale funds keeps rising, we will see more lenders putting up | :07:54. | :07:59. | |
those rates. The mood may be calmer today, but just how the Italian and | :07:59. | :08:03. | |
Greek crisis will affect the UK in the longer term remains highly | :08:03. | :08:08. | |
uncertain. Reports from Syria say 26 people | :08:08. | :08:12. | |
have been killed today adding to an escalating death toll from eight | :08:12. | :08:16. | |
months of anti-government protests. November is likely to be the | :08:16. | :08:20. | |
bloodiest month since the uprising against President Assad began in | :08:21. | :08:23. | |
March. An Arab League meeting tomorrow will discuss the lack of | :08:23. | :08:27. | |
progress towards any kind of dialogue. The organisation is under | :08:27. | :08:31. | |
intense pressure from human rights campaigners to suspend Syria's | :08:31. | :08:41. | |
:08:41. | :08:42. | ||
membership. Promises, promises. A week after | :08:42. | :08:45. | |
pledging it would respect human rights, these were the forces of | :08:45. | :08:52. | |
the Syrian state in action near Damascus. Here a man who appears | :08:52. | :09:01. | |
mortally wounded is dragged away by soldiers. Across Syria the bloody | :09:01. | :09:06. | |
cost of protest escalates. Here a wounded man clutches the foot of | :09:06. | :09:15. | |
his comrade. Off camera a voice says "these are your reforms, | :09:15. | :09:23. | |
Bashar". The UN says 3,500 people have died already. Yet the | :09:23. | :09:29. | |
demonstrators act as if they have marched beyond the point of fear. | :09:29. | :09:33. | |
The state is strengthening its defences. Here troops mind the | :09:33. | :09:38. | |
northern border with Lebanon. All of this, say human rights groups, | :09:38. | :09:42. | |
mean Arab states must isolate the regime. We are looking at masses of | :09:42. | :09:47. | |
civilians who are being either killed, detained, tortured. And | :09:47. | :09:49. | |
disappear. We would like to see this stop as soon as possible. We | :09:49. | :09:53. | |
think the only possible way to do that is to put real concerted | :09:53. | :09:56. | |
pressure on the part of the international community with the | :09:56. | :10:00. | |
assistance of regional organisations such as the Arab | :10:00. | :10:04. | |
League. The Arab League used to be seen as a talking shop for Middle | :10:05. | :10:08. | |
Eastern regimes. It bristled with the rhetoric of Arab unity but | :10:08. | :10:14. | |
achieved little. The events of the Arab Spring changed that. A new | :10:14. | :10:19. | |
dynamic has emerged driven by the demands of the street. The League | :10:19. | :10:23. | |
was instrumental in bringing about the no-fly zone there. And it's | :10:24. | :10:28. | |
pressed the Syrian regime to stop the bloodshed. Without it must be | :10:28. | :10:32. | |
said any sign of success. A regime fighting for its life knows | :10:32. | :10:36. | |
concessions would be seen as fatal weaknesses. The beginning of the | :10:36. | :10:40. | |
end of its power. Syria lies at the heart of the world's most volatile | :10:40. | :10:46. | |
region. The regime knows this makes military intervention hugely risky | :10:46. | :10:52. | |
and therefore highly unlikely. This doesn't address the heart of | :10:52. | :10:56. | |
President Assad's crisis. The determination of many of his people | :10:56. | :11:03. | |
to be rid of him. From within his own security forces, defections | :11:03. | :11:07. | |
like these have emboldened the opposition. Whatever the world | :11:07. | :11:12. | |
decides, it is the powerful forces within Syria itself that will | :11:12. | :11:19. | |
define the endgame. London is to host the 2017 World | :11:19. | :11:22. | |
Athletics Championships meaning that the Olympic Stadium will have | :11:22. | :11:26. | |
an athletics legacy after the Games next summer. The announcement came | :11:26. | :11:30. | |
today in Monaco where London defeated a rival bid from the | :11:30. | :11:36. | |
Qatari capital, Doha. Having twice pulled out of bids to | :11:36. | :11:38. | |
stage the World Athletics Championships, it was third time | :11:38. | :11:46. | |
lucky for London today. It's London. After months of campaigning, there | :11:46. | :11:50. | |
was jubilation, but also a great sense of relief among the winning | :11:50. | :11:55. | |
bid team. The world's third largest sporting event coming to London for | :11:55. | :11:59. | |
nine days. We have the Olympic Games in 2012. We now have the | :11:59. | :12:03. | |
World Athletics Championships in 2017. Despite Qatar's vast wealth, | :12:03. | :12:07. | |
London beat Doha with its promise to deliver big money TV and | :12:07. | :12:11. | |
commercial deals in one of the world's most iconic cities. The bid | :12:11. | :12:16. | |
also vowed to put on a Championships centred around the | :12:16. | :12:21. | |
athletes. Back home at his training camp in Loughborough, Dai Greene | :12:21. | :12:25. | |
was waiting anxiously for news from Monaco. As an athlete, it is | :12:25. | :12:28. | |
fantastic that we have won the bid. It is a great feeling to be | :12:28. | :12:31. | |
competing in front of your home fans and I get that opportunity | :12:31. | :12:35. | |
next year at the Olympics, but to get it again in six years' time, it | :12:36. | :12:39. | |
would be fantastic. Failure to land the 2018 World Cup might have taken | :12:39. | :12:43. | |
the shine off it but the next few years still promise a golden era | :12:43. | :12:48. | |
for British sport. First, the most prestigious of all, the London 2012 | :12:48. | :12:52. | |
Olympics. Scotland will hope to keep the momentum going when | :12:52. | :12:56. | |
Glasgow hosts the 2014 Commonwealth Games. In 2015, England will be | :12:56. | :13:00. | |
hoping to make up for its dismal showing in New Zealand when it | :13:00. | :13:03. | |
stages the Rugby World Cup. Now, following today's vote, London will | :13:03. | :13:07. | |
again be at the centre of the sporting spotlight when it stages | :13:07. | :13:11. | |
the World Athletics Championships. Landing the 2017 event was crucial | :13:11. | :13:16. | |
to the future of this place, London's �500 million Olympic | :13:16. | :13:21. | |
Stadium. West Ham were supposed to be moving in after 2012, but a | :13:21. | :13:26. | |
legal challenge from Tottenham forced a dramatic U-turn. Ministers | :13:26. | :13:32. | |
scrapped the deal with West Ham last month to boost the 2017 bid | :13:32. | :13:36. | |
and reassure world athletics chiefs that track and field remain central | :13:36. | :13:40. | |
to this stadium's legacy plans after 2012. Failure to secure the | :13:40. | :13:43. | |
World Athletics Championships would have been deeply embarrassing for | :13:43. | :13:46. | |
the Government and raise serious questions about what happens next. | :13:46. | :13:50. | |
We took quite a risk when we took the stadium back into public | :13:50. | :13:54. | |
ownership. Part of the reason for doing that was to end the legal | :13:55. | :13:57. | |
uncertainty but to bring certainty to a World Athletics Championships | :13:57. | :14:01. | |
bid. Today's result won't end the debate over the future of the | :14:01. | :14:05. | |
stadium. But it will go some way to delivering on the legacy promises | :14:05. | :14:15. | |
:14:15. | :14:16. | ||
London made when it won the Still to come, the former England | :14:16. | :14:20. | |
rugby captain Mike Tindall is fined and kicked out of the national | :14:20. | :14:27. | |
squad for his off the pitch behaviour. | :14:27. | :14:30. | |
Millions of people stopped what they were doing this morning to | :14:30. | :14:34. | |
take part in commemorations for Remembrance Day, the two minutes' | :14:34. | :14:38. | |
silence came on the 11th hour of the 11th day of the 11th month. | :14:38. | :14:45. | |
This year was the 93rd Amnesty -- anniversary of the armistice that | :14:45. | :14:55. | |
:14:55. | :14:56. | ||
The sound of the bugle, echoing across the parade ground of Camp | :14:56. | :15:02. | |
Bastion in Afghanistan. The Defence Secretary, paying his tribute to | :15:02. | :15:08. | |
the fallen of this campaign. A reminder that today's act of | :15:08. | :15:11. | |
remembrance spans conflict stretching back to over nine | :15:11. | :15:17. | |
decades. Painstakingly restored by the Imperial War Museum for this | :15:17. | :15:21. | |
anniversary, the stark images from the First World War battles on the | :15:21. | :15:27. | |
Somme, which claimed more than 57,000 lives on the first day alone. | :15:27. | :15:31. | |
The four-year conflict, which ended at the 11th hour of the 11th day of | :15:31. | :15:39. | |
the 11th month in 1918. The hour when, on a cloudy morning in 2011, | :15:39. | :15:49. | |
:15:49. | :16:04. | ||
a silence spread outwards from the The record number of poppies sold | :16:04. | :16:09. | |
this year, around 46 million, suggest a growing level of public | :16:09. | :16:19. | |
engagement with this act of remembrance. Two short minutes in | :16:19. | :16:26. | |
cities, towns and villages, when new generations had time to | :16:26. | :16:33. | |
consider their links with the past. I feel like all the soldiers that | :16:33. | :16:38. | |
had died were alive, so I could thank them. It is not just the | :16:38. | :16:43. | |
thought of the people who actually saved, it is affecting the families | :16:43. | :16:47. | |
as well. Two minutes when families and friends could reflect on their | :16:47. | :16:51. | |
own most recent losses. The worst bit was stood in front of so many | :16:51. | :16:58. | |
crosses with photographs on, with people, lads that have been killed, | :16:58. | :17:02. | |
and I know their family's very well. They were not just photographs of | :17:02. | :17:06. | |
lads, they were loved ones of the families I have come to know and | :17:06. | :17:11. | |
love myself. As traffic flowed again in Whitehall, police | :17:11. | :17:14. | |
surrounded supporters of the English Defence League, who had | :17:14. | :17:18. | |
gathered near the Cenotaph. There were more than one had and 70 | :17:18. | :17:23. | |
arrests. Above all, this was a day when communities stepped away from | :17:23. | :17:28. | |
the concerns of a hectic look modern life to stand in silence. -- | :17:28. | :17:33. | |
170 arrests. To lay their poppies and crosses at a time when past and | :17:33. | :17:38. | |
present are intertwined. At the same time, it has emerged | :17:38. | :17:42. | |
that the army has drawn up plans to make wounded soldiers redundant. A | :17:42. | :17:47. | |
leaked memo also discloses a sharp rise in the number of army | :17:47. | :17:52. | |
redundancies being planned. Our correspondent is at the Ministry of | :17:52. | :17:57. | |
Defence. What details do you have? As part of the government's defence | :17:57. | :18:01. | |
cuts, the original Army estimate was that they would have to make | :18:01. | :18:06. | |
around 7,000 troops redundant over the next few years. This leaked | :18:06. | :18:10. | |
internal confidential army document, obtained by The Daily Telegraph, | :18:10. | :18:14. | |
published in tomorrow's paper, suggests that figure will be more | :18:14. | :18:18. | |
like 16,500 troops being made redundant over the next few years. | :18:18. | :18:22. | |
The army faces a real problem as it shrinks. What does it do with those | :18:22. | :18:26. | |
hundreds of troops to have been injured in the wars in Afghanistan | :18:26. | :18:31. | |
and Iraq? That's a real issue for the army. They weren't included, | :18:31. | :18:35. | |
those injured troops, in the first round of redundancies. This leaked | :18:35. | :18:39. | |
document says they will not be exempt in the second tranche of | :18:39. | :18:43. | |
redundancies that will be announced next year. Understandably, the | :18:43. | :18:46. | |
Ministry of Defence, the army, is distancing themselves from this | :18:46. | :18:51. | |
report. It says it was written by a junior officer but it was | :18:51. | :18:55. | |
distributed to senior commanders in Afghanistan. They are looking at | :18:55. | :18:58. | |
this and what it means at the moment. Essentially what they are | :18:58. | :19:01. | |
saying is that they have made no final decisions on the number of | :19:02. | :19:06. | |
troops being made redundant. As for those injured troops, they say they | :19:06. | :19:10. | |
will not be forced to leave, until they have recovered and until it is | :19:10. | :19:15. | |
the right decision for them and the army to leave. That said, this memo, | :19:15. | :19:18. | |
coming on the day when the nation remembers the sacrifice of those | :19:18. | :19:21. | |
who served, and are still serving on the front line, this is very | :19:21. | :19:30. | |
Vladimir Putin has defended his decision to stand in next year's | :19:30. | :19:33. | |
Russian presidential election, saying he is campaigning to keep | :19:33. | :19:37. | |
his country stroll and not for personal gain. He is the | :19:37. | :19:40. | |
overwhelming favourite to return to the position that he first held 12 | :19:40. | :19:45. | |
years ago, but critics say his political influence is increasingly | :19:45. | :19:53. | |
a destructive force. Bridget Bradda me a Putin. For 12 years, | :19:54. | :19:58. | |
the face of Russia. Now he has made it clear he wants to come back as | :19:58. | :20:03. | |
president next year. -- Vladimir Putin. He could be around until | :20:03. | :20:08. | |
2024. If he can stay in power for so long unchallenged, what has | :20:08. | :20:15. | |
happened to Russian democracy? Tonight, there was a chance to quiz | :20:15. | :20:17. | |
him face to face, meeting with foreign analysts of Russia over | :20:17. | :20:22. | |
dinner, he denied he was driven by personal ambition, or a desire to | :20:22. | :20:26. | |
stifle reform. He just needed longer to fulfil his plans, to | :20:26. | :20:33. | |
raise living standards and make the country stronger. It doesn't mean | :20:33. | :20:36. | |
that the political system should stagnate, he told us, but of course, | :20:36. | :20:40. | |
we are thinking of ways for the people to have more influence on | :20:40. | :20:47. | |
those in power. Vladimir Putin may not have it all his own way. Yes, | :20:47. | :20:51. | |
here in Russia, he is still the most popular politician, but this | :20:51. | :20:56. | |
place has changed a lot since he came to power. People live better | :20:56. | :20:59. | |
but they are also more dissatisfied and some of those who once praised | :20:59. | :21:03. | |
him for restoring order now say he could be leading the country in a | :21:04. | :21:06. | |
dangerous direction. For all the appearance of prosperity, there is | :21:07. | :21:11. | |
a growing gap between rich and poor. Stability has become stagnation, | :21:11. | :21:16. | |
and could lead to a social explosion. Even Putin's former | :21:16. | :21:19. | |
prime minister says it could be on the cards. You really think they | :21:19. | :21:24. | |
could be the equivalent of the Arab Spring here in Russia? Absolutely. | :21:24. | :21:31. | |
Everything that Putin is doing encourages this mood. It would not | :21:31. | :21:37. | |
mature soon, but it's definitely. The question is, what would it take | :21:37. | :21:43. | |
to get Russians, often seen as apathetic, onto the streets. We | :21:43. | :21:48. | |
found this more Piggott, hardly the stirrings of revolution, but | :21:48. | :21:54. | |
Russia's top political blogger said the internet has given brush up a | :21:54. | :21:59. | |
powerful new talk -- this small picket. The talks about | :21:59. | :22:05. | |
optimisation and apathy, it is true, but everything can change in a very | :22:05. | :22:11. | |
short time. Vladimir Putin's return to the presidency is not in doubt. | :22:11. | :22:15. | |
What is much more uncertain is whether his strongman style is | :22:15. | :22:25. | |
EMI, the home of artists including The Beatles, Pink Floyd and | :22:25. | :22:30. | |
Coldplay, is being sold to Universal Music for over �1 billion. | :22:30. | :22:32. | |
The sale of the British record label comes at a troubled time for | :22:32. | :22:37. | |
the company. It has been struggling since being taken over by a private | :22:37. | :22:46. | |
It has been the home of artists whose music has been the soundtrack | :22:46. | :22:53. | |
of the last 50 years. # EMI! It has also been a byword | :22:53. | :22:56. | |
for corporate upheaval in an industry struggling to come to | :22:56. | :23:01. | |
terms with the digital era. Now, the British label will have its | :23:01. | :23:07. | |
third new owner in four years. In 2007, an investor bought the | :23:07. | :23:11. | |
business in a deal which soon went wrong. EMI rapidly fell out with | :23:11. | :23:16. | |
artists like Robbie Williams and piled up huge losses. His timing of | :23:16. | :23:20. | |
buying EMI was rather unfortunate to say the least. His company, | :23:20. | :23:25. | |
Terra Firma, paid something like �4 billion for it. In hindsight, that | :23:25. | :23:29. | |
was way over the odds. Now, universal, owned by the French firm | :23:29. | :23:36. | |
Vivendi, is taking over the British firm. Four labels, universal, Sony, | :23:36. | :23:40. | |
Warner and EMI have dominated the music market. Now there will be | :23:40. | :23:43. | |
just three with universal having the biggest share of an industry | :23:43. | :23:46. | |
that is in trouble. For the whole music industry, it has been a | :23:46. | :23:51. | |
decade of decline. In 2000, worldwide sales of recorded music | :23:51. | :23:57. | |
hit �17 billion. By 2007, it had fallen to �12 billion. Last year, | :23:57. | :24:07. | |
:24:07. | :24:07. | ||
With artists like Lady Gaga or, at Universal is just part of a French | :24:07. | :24:13. | |
media empire. The -- if the merger is allowed to go ahead, EMI may | :24:13. | :24:17. | |
have a more settled future. Universal is by far the world's | :24:17. | :24:21. | |
largest and most successful and well financed record label. They | :24:21. | :24:24. | |
bring to EMI this scale that they need to be able to start punching | :24:24. | :24:32. | |
their weight began. -- again. Rolling Stones left EMI for | :24:32. | :24:37. | |
Universal. Mick Jagger welcomed a merger which he said put people | :24:37. | :24:42. | |
with music in their blood back in charge. | :24:42. | :24:46. | |
The England rugby captain, Mike Tindall, has been kicked out of the | :24:46. | :24:50. | |
national squad and fined �25,000 by the Rugby Football Union. He is | :24:50. | :24:53. | |
married to the Queen's granddaughter, Zara Phillips, and | :24:53. | :24:58. | |
was caught on camera with a woman at a bar during England's ill-fated | :24:58. | :25:07. | |
For more than a decade, Mike Tindall has been a figurehead of | :25:07. | :25:11. | |
the England team. Many of his 75 caps came as captain. The small | :25:11. | :25:15. | |
matter of marrying the Queen's granddaughter this year sent his | :25:15. | :25:19. | |
profile into another dimension. So it was that images of him in a New | :25:19. | :25:23. | |
Zealand bar in the middle of the World Cup attracted huge attention. | :25:23. | :25:27. | |
The severity of his punishment has surprised many in the sport. The | :25:28. | :25:37. | |
:25:38. | :25:43. | ||
RFU said today, Mike Tindall's The message is very clear. If you | :25:43. | :25:46. | |
represent your country, quite rightly, you have to behave | :25:46. | :25:50. | |
yourself, otherwise, we will deal with you very severely and we don't | :25:50. | :25:54. | |
care who you are, and what service you have done to the country. You | :25:54. | :26:01. | |
are going to cop it. At Twickenham, the RFU's decisions are made. Right | :26:01. | :26:05. | |
now it is not clear who is in charge, with resignations and | :26:05. | :26:09. | |
inquiries, it is turmoil at the top. Clearly, players must also protect | :26:09. | :26:13. | |
the image of the game. You need guys to go out there and explore | :26:13. | :26:17. | |
and enjoy things. Where you place the line is up to the guy is in | :26:17. | :26:20. | |
charge and what they see is right and wrong. It is also up to the | :26:20. | :26:25. | |
players to make their decision. For me, going to the 2003 World Cup and | :26:25. | :26:28. | |
what happened afterwards put me on constant alert, and that still goes | :26:28. | :26:32. |