:00:05. > :00:11.Another leap in the number of unemployed - it reaches a 17-year
:00:11. > :00:18.high. The latest count is more than 2.6 million - young jobseekers are
:00:18. > :00:21.hit hardest, with more than one in five out of work. There are some
:00:21. > :00:30.new private sector jobs - but they're dwarfed by public sector
:00:30. > :00:35.losses. The central economic claim that he made, that the private
:00:35. > :00:39.sector would fill the gap left by the public sector, has not been met.
:00:39. > :00:42.His plans are for more spending, more borrowing, more debt, more of
:00:42. > :00:46.the mess that we started with. We'll be looking at prospects for
:00:46. > :00:50.2012. Also tonight... The euro takes a beating over fears that
:00:50. > :00:54.last week's summitry is already unravelling. The biggest ever sale
:00:54. > :00:57.of bank branches - Lloyds prepares to sell more than 600 to the Co-Op.
:00:57. > :01:06.The face of the Liege killer - Belgian police say they've found
:01:06. > :01:09.another body in a shed belonging to Nordine Amrani. Barack Obama calls
:01:09. > :01:17.time on the Iraq war he once opposed but now calls an
:01:17. > :01:20."extraordinary achievement". And a royal tour like no other - senior
:01:21. > :01:30.members of the family will go to the four corners of the world for
:01:31. > :01:56.
:01:56. > :01:59.Good evening. Unemployment has risen to its highest level since
:01:59. > :02:03.1994, with Britain's youth, once again, coming out worst in the
:02:03. > :02:08.search for work. The latest figures show that the total number of
:02:08. > :02:13.people out of work rose by 128,000 in the three months to October.
:02:13. > :02:15.It's now 2.64 million. As our chief economics correspondent, Hugh Pym,
:02:15. > :02:25.reports, hopes of a resurgent private sector matching job losses
:02:25. > :02:29.
:02:29. > :02:35.in the public sector have yet to It was a promising start to the
:02:35. > :02:38.year for the jobs market, but then it went into reverse. High-profile
:02:38. > :02:42.cutbacks like those in one engineering firm symbolised the
:02:42. > :02:45.growing uncertainty. So did job cuts announced by BAE Systems,
:02:46. > :02:50.which are yet to show up in the official figures. In Northern
:02:50. > :02:54.Ireland, the jobless total actually fell slightly, but that did not
:02:54. > :02:58.help Kevin Davison in Belfast. He has been looking for work in the
:02:58. > :03:03.construction industry, but has had no joy so he is heading to
:03:04. > :03:09.Australia, and he is not the only one. Out of our masters course of
:03:09. > :03:13.36 people, about 35 of them will be going to Australia. It is a mixture
:03:13. > :03:16.of architects, engineers and planners. One of the key debates
:03:16. > :03:19.this year has been over the possibility of the private sector
:03:19. > :03:23.taking up the slack as the Government cut back public
:03:23. > :03:26.employment levels. The latest figures suggest that private
:03:26. > :03:30.employers are not creating enough jobs to compensate for losses
:03:31. > :03:34.across the public sector. There was a big gap over the three months to
:03:34. > :03:39.a big gap over the three months to September. Public sector employment
:03:39. > :03:40.fell by 67,000, to the lowest level in eight years. The number of
:03:40. > :03:44.private sector employees increased private sector employees increased
:03:44. > :03:49.by just 5,000 over that time. That provoked fierce clashes in the
:03:49. > :03:52.House of Commons at Prime Minister's Questions. He cannot
:03:52. > :03:55.deny that the central economic claim that he made, that the
:03:55. > :04:01.private sector would fill the gap left by the public sector, has not
:04:01. > :04:06.been met. He has broken his promise. It is this government that has got
:04:06. > :04:11.interest rates down to 2%. That is why we have the prospect of growth,
:04:11. > :04:15.whereas his plans are for more spending, more borrowing, more debt,
:04:15. > :04:19.more of the mess that we started with. But the spectre of
:04:19. > :04:23.unemployment rising close to levels seen in the 1980s is hovering over
:04:23. > :04:29.the economy, with analysts predicting continued increases next
:04:29. > :04:32.year. The economy is at best bumping along the bottom.
:04:32. > :04:37.Employment levels are unlikely to rise, at least for the next year or
:04:37. > :04:43.so. There was some positive news from the supermarket chain
:04:43. > :04:51.Morrisons, which says it will create 7,000 new posts next year,
:04:51. > :04:55.as it opens 25 new stores. But gas has to be set against more gloomy
:04:55. > :05:00.news from the troubled giant Thomas Cook, which increased its target
:05:00. > :05:05.for store closures to 200. More than 600 jobs are at risk. The
:05:05. > :05:09.economy is generating and cutting jobs every month. Workers can only
:05:09. > :05:13.hope the balance is positive. Right now, it isn't. Hugh Pym is with me
:05:13. > :05:19.now. Explain this - the Government says one measure of unemployment
:05:19. > :05:23.has not actually gone up by much. Yes, if you look at the narrower
:05:23. > :05:28.measure, the so-called claimant count, it has not gone up very much
:05:28. > :05:31.at all in the last couple of months, it is stuck at 1.6 million,
:05:32. > :05:35.although that is still relatively high. But I think most analysts
:05:35. > :05:40.would say these figures could have been worse. It is worth pointing
:05:40. > :05:44.out that the unemployment rate here in the UK is still below that of
:05:44. > :05:48.the US and France. It is still an international problem. But that is
:05:48. > :05:52.not much consolation for those people looking for jobs into next
:05:52. > :05:56.year. As we have been hearing, pretty sluggish growth is being
:05:56. > :06:00.forecast by most commentators, not creating enough jobs to bring down
:06:00. > :06:03.unemployment. But if things turn out to be worse than predicted,
:06:03. > :06:08.because of a major eurozone crisis, it could be even worse for
:06:08. > :06:18.unemployment. One thing is building, that unemployment is not going to
:06:18. > :06:19.
:06:19. > :06:22.European markets have fallen amid fears that the deal negotiated last
:06:22. > :06:24.week to stop the crisis in the eurozone may be unravelling. In
:06:24. > :06:26.Germany, Chancellor Angela Merkel warned that sorting out the
:06:26. > :06:29.eurozone's problems would take years, but insisted that Britain
:06:29. > :06:32.remained an important EU partner, despite David Cameron's use of the
:06:32. > :06:39.veto. As our political editor, Nick Robinson, reports, some other EU
:06:39. > :06:43.leaders also have reservations about the way forward. Ever since
:06:43. > :06:47.David Cameron sat alone, without allies, one against 26, the debate
:06:48. > :06:53.has been - was this dangerous isolation, or what in Victorian
:06:53. > :06:57.times they used to call splendid isolation? President Sarkozy seems
:06:57. > :07:02.to be in no doubt. He has been reported as described in David
:07:02. > :07:07.Cameron's behaviour as like that of a petulant child. It gave France
:07:07. > :07:11.what it always wanted, a plan for a treaty with no British involvement.
:07:11. > :07:14.But Germany's Chancellor Merkel was much more conciliator meet today,
:07:14. > :07:22.telling the German parliament there was still time for Britain to join
:07:22. > :07:27.TRANSLATION: I regret very much that Britain has not been able to
:07:27. > :07:34.join us on this journey. But it is beyond any doubt that Britain will
:07:34. > :07:39.remain a very secure partner in the European Union. Only David Cameron
:07:39. > :07:42.refused last week to sign a new EU treaty, but now others are
:07:42. > :07:46.beginning to express doubts. The Hungarian Prime Minister does not
:07:46. > :07:50.want to lose control of business taxes. The Swedish leader needs
:07:50. > :07:55.opposition support. The Irish might need a referendum, and they are
:07:55. > :07:57.worried about the idea of new taxes which affect Dublin but not London.
:07:57. > :08:02.David Cameron began this week talking of the benefits of standing
:08:02. > :08:06.alone. And yet tonight, he told a meeting of Tory MPs that it might
:08:06. > :08:10.not end up being Britain as one against the other 26 in Europe. He
:08:10. > :08:16.has had a boost with his own backbenches, a boost in the opinion
:08:16. > :08:20.polls, and a boost today at Prime Minister's Questions. Ed Miliband
:08:20. > :08:27.chose today's to play the men, not the ball, mocking coalition
:08:27. > :08:32.divisions. He read out an old coalition document, promising a
:08:32. > :08:40.whole new style of government. more collegiate approach. Mr
:08:40. > :08:42.Speaker, I'm bound to ask, what's gone wrong? No-one in this House is
:08:43. > :08:48.going to be surprised that Conservatives and Liberal Democrats
:08:48. > :08:54.do not always agree about Europe. But let me reassure him, he should
:08:54. > :09:02.not believe everything he read in the papers. It is not that bad. I
:09:02. > :09:07.mean, it is not like we're brothers or anything. Tory MPs, waving and
:09:07. > :09:12.cheering, suddenly like their leader. Labour MPs, sitting in
:09:12. > :09:18.silence, are beginning to have doubts about theirs. His assistants
:09:18. > :09:22.say it is judgments, not jokes, which will count in the end. All
:09:22. > :09:26.the debate about what David Cameron did or did not do may soon be
:09:26. > :09:35.irrelevant. The euro plummeted today on the markets. The agreement
:09:35. > :09:38.he did not sign did not end the Lloyds is preparing to sell 632 of
:09:38. > :09:42.its branches to the Co-operative Bank. If the deal goes through, it
:09:42. > :09:45.would be the biggest of its kind. The sale is being forced on Lloyds
:09:45. > :09:55.under EU competition rules. As our business editor, Robert Peston,
:09:55. > :09:56.
:09:56. > :10:02.reports, it would make the Co-op Britain's seventh biggest bank.
:10:02. > :10:07.Lloyds is selling 632 branches, and the preferred bidder is the Co-op.
:10:07. > :10:12.The buyer, unlike the big banks, is owned by its customers, not by
:10:12. > :10:16.investors. People talk about creating a people's bank. Well,
:10:16. > :10:21.look no further, we are the people's bank. We are owned and
:10:21. > :10:26.controlled by 7 million members. That's very different as a business
:10:26. > :10:30.model to the plc world. That is the world in which the current big five
:10:30. > :10:34.banks operate. If the deal goes through, it would be a bit of
:10:35. > :10:38.history, because, for the past 20 years, building societies, owned by
:10:38. > :10:43.their members, the likes of Abbey National, Northern Rock, Bradford &
:10:43. > :10:47.Bingley, the Halifax and Woolwich, became banks, listed on the stock
:10:47. > :10:52.market. But this big chunk of Lloyds looks as though it is going
:10:52. > :10:57.in the other direction, to become part of what is known as a mutual.
:10:57. > :11:01.The Co-op would get a business with �36 billion of customers' deposits
:11:01. > :11:07.and savings, and with a share of the current account market standing
:11:07. > :11:09.the current account market standing at just under 5%. It would be a big
:11:09. > :11:13.enough organisation, many would enough organisation, many would
:11:13. > :11:17.think, to give the big banks a run for their money. If it goes through,
:11:17. > :11:23.it would be good, it would be a strong challenger to the dominant
:11:23. > :11:25.four banks in the high street, but it will leave behind a huge Lloyds
:11:25. > :11:30.bank with 2,500 branches, and a quarter of the current account
:11:30. > :11:35.market, so the Government must make them go further. Among the branches
:11:35. > :11:40.being sold are all 150 for Cheltenham and Gloucester branches.
:11:40. > :11:44.That will pose a dilemma for many of customers. Lloyds will want them
:11:44. > :11:50.to transfer across to the new owner, likely to be the Co-op, but will
:11:50. > :11:55.the customers think that is a great idea? For Lloyds, 41% owned by
:11:55. > :11:58.taxpayers, it was a busy day. The board announced it was confident
:11:58. > :12:03.that its chief executive, who had taken a leave of absence because of
:12:03. > :12:10.their Georgian, will be fit enough to return in January. -- because of
:12:10. > :12:13.exhaustion. But this deal is not done yet. There are hurdles,
:12:13. > :12:16.approval by the regulator, integration of computer systems,
:12:16. > :12:26.and possible objections from customers. But if it does go
:12:26. > :12:36.
:12:36. > :12:38.through, it would change banking as The mother of one of the men
:12:38. > :12:42.accused of killing the black teenager Stephen Lawrence 18 The
:12:42. > :12:45.mother of one of the men accused of killing the black teenager Stephen
:12:45. > :12:54.Lawrence 18 years ago says Gary Dobson was at home at the time.
:12:54. > :12:59.Years ago says Gary Dobson was at home at the time. His mother
:12:59. > :13:05.insisted that her son was in all evening. Gary Dobson, on the left,
:13:05. > :13:08.and his co-defendant, David Norris, A minute's silence has been held in
:13:08. > :13:11.the Belgian city of Liege to remember the victims of yesterday's
:13:11. > :13:15.gun and grenade attack. Today, the body of a woman has been found
:13:15. > :13:17.close to the home of the gunman, Nordine Amrani. It takes the number
:13:17. > :13:27.killed to six. From Liege, here's our Europe correspondent, Matthew
:13:27. > :13:34.
:13:34. > :13:41.They came to pray and to mourn. To contemplate at the focus of so much
:13:41. > :13:46.misery. To try to comprehend the incomprehensible. It was here that
:13:46. > :13:54.a 33-year-old gunman showed so much blurred. Here that one of his
:13:54. > :14:00.bullets hit a school boy, whose friend was killed.
:14:00. > :14:07.TRANSLATION: Everybody ran. Everyone was panicking. I heard
:14:07. > :14:12.gunshots. I had been hit. I managed to get onto the bus. These were the
:14:12. > :14:18.scenes moments after one of the grenades had exploded. At least one
:14:18. > :14:25.teenager died on the spot. More than 120 people were injured. 24
:14:25. > :14:31.hours ago, he chose this vantage point for himself. He knew he had
:14:31. > :14:37.the potential to kill and injure bus numbers of people. He threw
:14:37. > :14:44.three grenades and started firing on the crowds below. Just up there,
:14:44. > :14:49.the police say he shot himself. This is the killer. He was the gun
:14:49. > :14:54.fanatic, now turned mass murderer. His killing spree started earlier
:14:55. > :15:02.than first thought. It was in his garage that the body of a cleaner
:15:02. > :15:09.was found. Police said he had shot her. Up the road, his home, with a
:15:09. > :15:16.string of weapons, drug and sex offences, the police knew him well.
:15:16. > :15:21.So do the pupils at the school of two of his victims. They paused to
:15:21. > :15:26.remember and to reflect. The bullet scars are a cause of fascination
:15:26. > :15:33.and horror. The glass will be repaired and the buses are moving
:15:33. > :15:38.again. Life goes on. Not for the victims they are remembering this
:15:38. > :15:44.evening. Not for 17 month-old Gabriel. His mother heard a bang
:15:44. > :15:52.and saw his eyes rolled back in his head. I wish I had died, instead of
:15:52. > :15:56.him, she said. Coming up on tonight's programme: 30 years ago,
:15:56. > :16:06.the Queen visited Tuvalu. Now, as part of the Diamond Jubilee, the
:16:06. > :16:06.
:16:07. > :16:09.It is harder to end a war than to start one. That was the message
:16:09. > :16:13.from President Obama today, as he welcomed home American soldiers
:16:13. > :16:18.from Iraq. Mr Obama, who opposed the war at the outset, said Iraq
:16:18. > :16:21.was not a perfect place. After nine years of fighting, American troops
:16:21. > :16:25.had helped to turn the tide towards peace. The last US soldiers are
:16:25. > :16:35.expected to withdraw from Iraq within days. Mark Mardell sent this
:16:35. > :16:36.
:16:36. > :16:40.report from Fort Bragg in North Carolina. The President of the
:16:40. > :16:45.United States. The president and first lady came with lavish praise
:16:45. > :16:50.for the troops. He said they were incredible. Their hearts had been
:16:50. > :16:58.touched by fire. This war ended with a march towards home. I am
:16:58. > :17:07.proud to finally say these two words. I know your family's degree.
:17:07. > :17:11.Welcome home. -- families agree. Welcome home. This was a tricky
:17:11. > :17:17.speech. President Obama had to praise the military. He did so the
:17:17. > :17:23.sacrifice meant Iraq was now sovereign, stable and self-reliant.
:17:23. > :17:29.It is harder to end a war than begin one. Everything that American
:17:29. > :17:34.troops have done in Iraq. All the fighting, the dying, the bleeding,
:17:34. > :17:40.the building, the training and partnering, of all of it has led to
:17:40. > :17:48.this moment of success. This speech is intended to draw a clear line
:17:48. > :17:52.under a wall that divided America and divided America from its allies.
:17:52. > :17:58.The foreign policy of President Obama has been driven by the desire
:17:58. > :18:02.to rehabilitate America in the eyes of the world. A war based on the
:18:02. > :18:08.false premise that Saddam Hussein had weapons of mass destruction
:18:08. > :18:16.began in shock and all and what looked like an easy victory. It was
:18:16. > :18:22.ill thought-out and descended into a turmoil of violence. This has
:18:22. > :18:29.changed America. The fact the war did not go well, after Saddam
:18:29. > :18:36.Hussein got removed, has, I think, made Americans, at least for the
:18:36. > :18:45.time being, more reluctant to consider military action. As long
:18:45. > :18:50.as no military action of any significance is required, that is
:18:50. > :18:58.fine. If our obligations get triggered, and there is a question
:18:58. > :19:05.of our reliability as an ally, that is not fine. For some, the price is
:19:05. > :19:10.more personal. 4500 American troops have been killed in Iraq. The
:19:10. > :19:17.operation has cost United States one trillion dollars. Many ask, for
:19:17. > :19:24.what? Matt went to Iraq wanting to change the world. He left thinking
:19:24. > :19:29.that war was never the answer. lost my first friend in an IED
:19:29. > :19:35.attack and another friend to a suicide attack. This war will be
:19:35. > :19:40.with us, the soldiers who served and the Iraqis who endured, for a
:19:40. > :19:45.very long time to come. They are home quicker than many expected.
:19:45. > :19:49.The President tango into an election without quibbles or
:19:49. > :19:52.Cabinet. -- can go. The former legal manager of the News of the
:19:52. > :19:55.World said today that he told James Murdoch there was direct and hard
:19:55. > :19:58.evidence that phone hacking at the paper extended beyond a single
:19:58. > :20:00.reporter. Tom Crone told the Leveson Inquiry into press ethics
:20:00. > :20:06.that he showed the News International chairman a printout
:20:06. > :20:16.of a key e-mail at a meeting three years ago. James Murdoch has always
:20:16. > :20:18.
:20:18. > :20:22.claimed he did not know phone The formal legal manager of News
:20:22. > :20:26.International, Tom Crone, told the inquiry that James Murdoch was
:20:26. > :20:31.briefed about the extent of phone hacking. The executive chairman of
:20:31. > :20:35.News International has always claimed he was not told the full
:20:35. > :20:41.story. Yesterday he conceded he was sent e-mails which she did not
:20:41. > :20:49.fully read. Tom Coke -- Tom Crone recalled a meeting with Mr Murdoch.
:20:49. > :20:56.He claims they discussed the severity of the situation. This
:20:56. > :20:59.document clearly was direct and hard evidence. The inquiry also
:20:59. > :21:05.heard from the former editor of the News of the World, Colin Myler. He
:21:05. > :21:11.was asked about the publication of parts of the diaries of Kate McCann,
:21:12. > :21:16.which she said left her feeling violated. He thought the
:21:16. > :21:22.representative of the McCanns had given them the go-ahead. They paid
:21:22. > :21:27.a significant sum into the Madeleine McCann fund. There was an
:21:27. > :21:32.acceptance and acknowledgement that there had been a misunderstanding.
:21:32. > :21:37.We made it very clear that the last thing we wanted to do was to cause
:21:37. > :21:40.Kate any more distress. Another bereaved family were spoken of -
:21:40. > :21:45.the Dowlers. Following revelations the News of the World may not have
:21:45. > :21:49.been responsible for deleting voice mails on the phone of their
:21:49. > :21:58.daughter, counsel for the victims told the inquiry the solicitor for
:21:58. > :22:05.the dam or family was telephoned yesterday. -- Dower. In few of
:22:05. > :22:12.these revelations, will be Dowlers be giving their money back? - In
:22:12. > :22:16.view. They refute the allegation it attacked the Dowlers. They said it
:22:16. > :22:21.was a legitimate journalistic inquiry. With regard to the
:22:21. > :22:28.deletion of the boys rows of Milly Dowler, Lord Justice Leveson says
:22:28. > :22:32.he wants the issue clarified as quickly as possible. -- voice mails.
:22:32. > :22:35.The Government has given the go- ahead for badgers to be shot in two
:22:35. > :22:37.areas of England next year to try to stop tuberculosis spreading
:22:37. > :22:40.among cattle. The British Veterinary Association has welcomed
:22:40. > :22:45.the decision, insisting that culling reduces cases of bovine TB
:22:45. > :22:50.by 10%. Opponents believe there should be a greater focus on
:22:50. > :22:54.developing vaccines. A similar badger cull was approved in Wales
:22:54. > :22:59.but the decision was overturned in the High Court. Actress Elizabeth
:22:59. > :23:03.Taylor's famous jewels went for �75 million at an auction today. That
:23:03. > :23:06.is more than double the record for a single collection. Christie's
:23:06. > :23:15.sale of 80 items included pearls, colourless diamonds and Indian
:23:15. > :23:17.jewels. They had expected to raise some �13 million. The Queen and the
:23:17. > :23:20.Duke of Edinburgh will travel widely around the United Kingdom
:23:20. > :23:23.next year to celebrate the Diamond Jubilee. To mark 60 years since the
:23:23. > :23:26.Queen came to the throne, other members of the Royal Family will
:23:26. > :23:31.tour the world, visiting the countries where the Queen is head
:23:31. > :23:41.of state and some others in the Commonwealth. Nicholas Witchell
:23:41. > :23:43.
:23:43. > :23:48.reports. The golden jubilee of 2002 brought out the crowds and took the
:23:48. > :23:51.Queen and her husband to different parts of the United Kingdom. The
:23:51. > :23:57.programme for the Diamond Jubilee is said by Buckingham Palace to be
:23:57. > :24:02.more extensive. The Queen will concentrate on the United Kingdom
:24:02. > :24:07.across four months starting at the end of March, she and her husband
:24:07. > :24:13.will go to different parts of the country. It will be a test of
:24:13. > :24:19.stamina for a couple who, by next summer, will be 86 and 91 years old.
:24:19. > :24:25.She has been doing it for of six years. That is what keeps her going.
:24:25. > :24:35.Her entire devotion to duty. It is what she gave her life full. She
:24:35. > :24:36.
:24:36. > :24:41.has given her love for it. Outside the UK, the visits will be led by
:24:41. > :24:46.the Duke and Duchess of Cornwall. Most focus will be on the Duke and
:24:46. > :24:50.Duchess of Cambridge. They will be going to the South Pacific to visit
:24:50. > :24:56.the Solomon Islands and Tuvalu, which last had a royal visit when
:24:56. > :25:06.the Queen and Duke of Edinburgh went there 30 years ago. They were
:25:06. > :25:07.
:25:07. > :25:11.carried ashore by islanders sitting in Kunduz. -- canoes. William and
:25:11. > :25:17.Kate can expect something similar. Prince Harry will be travelling
:25:17. > :25:26.next year as well. He is going to Billy's, Jamaica and the bombers.
:25:26. > :25:30.It will be his first foreign visit representing the Queen. -- the
:25:30. > :25:34.Bahamas. More than a century after Queen Victoria, Britain will have
:25:34. > :25:39.another opportunity to express feelings for another long-lived
:25:39. > :25:45.Queen. The programme for next year will be carefully paced. The Palace