11/12/2011

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:00:14. > :00:17.Nick Clegg condemns David Cameron's veto of the new EU Treaty. The

:00:17. > :00:22.Deputy Prime Minister says it is bad for Britain but does not mean

:00:22. > :00:26.the end of the coalition. ambiterly disappointed by the

:00:26. > :00:31.outcome of last week's summit, precisely because there is a danger

:00:31. > :00:35.that over time the United Kingdom will be isolated and marginalised

:00:35. > :00:40.within the European Union. Also tonight:

:00:40. > :00:44.In South Africa, a global deal is reached to limit carbon emissions

:00:44. > :00:48.by 2020. Pakistan's Prime Minister tells the

:00:48. > :00:54.BBC there's no trust between his country and the United States after

:00:54. > :00:58.controversial NATO raids. And Britain's Amir Khan loses his

:00:58. > :01:02.light welterweight titles in America and hits out at the

:01:02. > :01:06.referees. I thought it was a disgusting decision. I don't know

:01:06. > :01:16.why it took so long. If they thought he won fair and square, I

:01:16. > :01:25.

:01:25. > :01:29.Good evening. The Deputy Prime Minister has condemned David

:01:29. > :01:33.Cameron's decision to veto EU Treaty changes as bad for Britain.

:01:33. > :01:36.Nick Clegg told the BBC he was bitterly disappointed by the

:01:37. > :01:43.outcome of the European summit in Brussels and that there was a

:01:43. > :01:46.danger the UK would be isolated and marginalised,. Leading

:01:46. > :01:51.Conservatives have today denied that.

:01:51. > :01:57.On Friday the coalition leaders appeared to stand shoulder-to-

:01:57. > :02:02.shoulder, when David Cameron made it clear he could not sign up to

:02:02. > :02:07.the new treaty. I ambiterly disappointed by the outcome of last

:02:07. > :02:11.week's summit. There is a danger that over time the United Kingdom

:02:11. > :02:14.will be isolated and marginalised within the European Union. I don't

:02:14. > :02:18.think it is good for jobs n the City or elsewhere. I don't think it

:02:18. > :02:21.is good for growth. It is not good for families up and down the

:02:21. > :02:25.country. Last week he said the Prime Minister's demands in

:02:25. > :02:28.Brussels, designed to protect the financial services industry had

:02:28. > :02:33.been moderate and reasonable. But over the weekend, he came under

:02:33. > :02:37.huge pressure from some in his party to toughen his stance. I hear

:02:37. > :02:41.this talk about the bulldog spirit. There's nothing bulldog about

:02:41. > :02:45.Britain hovering somewhere in the mid-Atlantic, not standing tall in

:02:46. > :02:51.Europe, not being taken seriously in Washington. Some say Nick Clegg

:02:51. > :02:56.should have been tougher with the Conservatives sooner.

:02:56. > :03:00.Vince Cable gave a very serious warning last Monday in the Cabinet

:03:00. > :03:06.against elevating these financial regulation points into a make or

:03:06. > :03:11.break deal. He warned on that. He didn't get any support. David

:03:11. > :03:17.Cameron has won plaudits from some of his backbenchers for refusing to

:03:17. > :03:19.sign up to a new EU Treaty. Now Nick Clegg's popularity is rising

:03:19. > :03:23.in his ranks because he is criticising the Prime Minister.

:03:23. > :03:27.While the two may fall out, they are making it clear privately they

:03:27. > :03:30.will not allow the coalition to fall apart over Europe. Today, the

:03:30. > :03:35.Labour leader tried to deepen the divide between the Prime Minister

:03:35. > :03:39.and his deputy by saying... I agree with Nick Clegg this is a bad deal

:03:39. > :03:45.for Britain. We'll have 26 countries going ahead, without us

:03:45. > :03:48.in the room, us excluded from key economic decisions, and frankly

:03:48. > :03:53.David Cameron has miss handled these negotiations badly.

:03:53. > :03:57.The Foreign Secretary said the Prime Minister had no option but to

:03:57. > :04:02.veto a deal in Brussels. Across the Government we were agreed on the

:04:02. > :04:08.negotiating position in advance, and that this was our minimum

:04:08. > :04:12.requirement for agreeing to a treaty to take part in a new

:04:12. > :04:16.European treaty. That minimum requirement was not met.

:04:16. > :04:21.So, of course the Prime Minister did the right thing in not agreeing

:04:21. > :04:24.to it. The European Union won't break up as a result of last week's

:04:24. > :04:32.negotiations. The coalition won't either. The tensions within each

:04:32. > :04:37.are set to increase. So strong words from Nick Clegg

:04:37. > :04:40.today. How are these differences going to develop now? David Cameron

:04:40. > :04:44.has to address MPs again tomorrow in the House of Commons and tell

:04:44. > :04:49.them all about the negotiated deal in Brussels. It's a difficult

:04:49. > :04:54.balancing act for him. His tone will have to be such that it

:04:54. > :04:58.doesn't alienate pro EU Lib Dems. In the coalition and equally

:04:58. > :05:01.satisfies the demands of his Euro- sceptic MPs who want to bask in a

:05:01. > :05:05.triumph of here. They want to say, look the Prime Minister did stand

:05:05. > :05:09.up to everyone else in the EU, he did exercise his veto. They want to

:05:09. > :05:13.take some pride in that. I am told the fact his statement tomorrow

:05:13. > :05:17.will be measured and factual and statesman like. What else could you

:05:17. > :05:21.expect? He will have to take on criticism from Labour. They say all

:05:21. > :05:26.he did was to protect the interests of the City of London. By standing

:05:26. > :05:30.outside a block of 26 other EU countries, he's made it easier for

:05:30. > :05:34.the rest of the EU to impose financial regulations on the City

:05:34. > :05:38.of London. Tomorrow, the other big thing we should focus on is whether

:05:39. > :05:43.the rest of the eurozone has done enough to stabilise the euro. The

:05:43. > :05:48.markets will decide that. The verdict will be theirs, not the

:05:48. > :05:51.politicians. A last-minute deal aimed at

:05:51. > :05:57.tackling climate change has been agreed in South Africa. Delegates

:05:57. > :06:04.in Durban pledged to work towards a new accord which would permit all

:06:04. > :06:09.countries to legally binding limits on emissions by 2020.

:06:10. > :06:15.A huddle in the conference hall. The key powers, very tense. America

:06:15. > :06:18.resisting joining a climate treaty, unless China does too. China itself

:06:18. > :06:23.weary and India unwilling to be tide into a legally-binding

:06:23. > :06:27.commitment. In the end, they got there.

:06:27. > :06:34.In seeing no objection, it is so decided. 36 hours late. Relief

:06:34. > :06:44.among many, with a new agreement. This is mow the -- how the deal

:06:44. > :06:50.

:06:50. > :06:54.What we have done today is actually a great success for European

:06:54. > :06:59.diplomacy. We have managed to put this on the map. We have managed to

:06:59. > :07:05.bring the major emitters, like the United States and India and China

:07:05. > :07:08.into a road map, which is to secure an overarching global deal.

:07:08. > :07:13.pressure had come from the most vulnerable nations. The treaty will

:07:13. > :07:17.not come as fast as they like. India, with hundreds of millions

:07:17. > :07:20.still below the poverty line. Worries about restraining its

:07:20. > :07:25.development. The United States is in no rush either. Climate change

:07:25. > :07:28.is a toxic issue there. But getting a new treaty on

:07:28. > :07:32.greenhouse gases will involve difficult challenges. For the first

:07:32. > :07:35.time it is recognised there is a gap between pledges to reduce

:07:35. > :07:41.emissions and the cuts that scientists say are needed. The

:07:41. > :07:45.scale of cuts - who should make them and by when still has to be

:07:46. > :07:50.decided. Previous promises of road maps leading to new agreements have

:07:50. > :07:57.been delayed or broken. So, they have agreed a path way to cutting

:07:57. > :08:01.global emissions, but there's not much urgency about it.

:08:01. > :08:05.Pakistan's Prime Minister has been speaking about tensions between his

:08:05. > :08:11.dun and the United States, telling the BBC -- country and the United

:08:11. > :08:15.States telling the BBC that neither side trust the other. He ruled to

:08:15. > :08:20.close airspace to America, following airstrikes which killed

:08:20. > :08:24.24 of its soldiers last month. Our correspondent sent this report from

:08:24. > :08:30.Islamabad. It does contain some flashing images.

:08:30. > :08:35.The funerals last month of 24 Pakistani troops, killed by NATO

:08:35. > :08:43.aircraft. Pakistan claims this was a deliberate attack. It is still

:08:43. > :08:47.grieving, still angry at the US. When we met Prime Minister Yousaf

:08:47. > :08:54.Raza Gilani today he was not hiding the cracks in the relationship.

:08:54. > :09:01.there is a credibility gap. We are working together and still we don't

:09:01. > :09:06.trust each other. I think we have to improve our relationship, so

:09:06. > :09:14.that, the better results, we should have better confidence in each

:09:14. > :09:18.other. You have not had an apology from President Obama. Sorry does

:09:18. > :09:23.not make a man alive. Therefore we want to set new rules of engagement

:09:23. > :09:27.and co-operation with the United States. Until then the relationship

:09:27. > :09:31.is at a standstill, so are NATO supply convoys for Afghanistan.

:09:31. > :09:35.Pakistan won't let them pass through its borders until the new

:09:35. > :09:43.rules are written. The Prime Minister told us today that could

:09:43. > :09:47.take weeks. CIA strikes could be another casualty. Are you going to

:09:47. > :09:51.stop the Americans carrying out drone attacks? If there is any

:09:51. > :09:56.credible or information passed on to Pakistan, I think it should be

:09:56. > :10:06.left to Pakistan to take any action. The Prime Minister sought to quash

:10:06. > :10:13.speculation about the help and future of Pakistan's President who

:10:13. > :10:19.left for medical treatment in Dubai this week. He's now out of ICU. He

:10:19. > :10:25.has been shifted to his room. I think he'll take rest for about

:10:25. > :10:30.two weeks. Seen here in April, he had not

:10:30. > :10:37.suffered a stroke, he said. He denied the arm was trying to force

:10:37. > :10:41.the President to exit from power, as many here believe.

:10:41. > :10:45.Syrian activists say there has been heavy fights between security

:10:45. > :10:50.forces and soldiers who have defected to the opposition. It is

:10:50. > :10:53.reported dozens of new army defectors have been fighting tank-

:10:53. > :10:58.backed forces loyal to the Government in Busra al-Hariri, in

:10:58. > :11:02.the southern province of derra. A report to be released by the

:11:02. > :11:05.Financial Services Authority will be highly critical of its role

:11:05. > :11:11.ahead of the Royal Bank of Scotland three years ago. The report will

:11:11. > :11:17.say staff lacked the skills to monitor companies as complex as RBS.

:11:17. > :11:24.Our business correspondent reports. ABN AMRO was a Deutsche Bank which

:11:24. > :11:29.almost collapsed the entire banking system. An RBS consortium paid for

:11:29. > :11:34.it, only to discover its assets were worthless. Now a comprehensive

:11:34. > :11:38.report from the FSA and two City grand dees is said to be highly

:11:38. > :11:45.critical of the banking watchdog itself as well as the previous

:11:45. > :11:55.management of RBS. The 500-page report, out tomorrow, will describe

:11:55. > :11:57.

:11:57. > :12:01.It will say many of the staff did not have the skills to monitor

:12:01. > :12:06.whether banks were in financial good health or not. And it failed

:12:06. > :12:11.to appreciate before the financial crisis how the entire UK banking

:12:12. > :12:15.system had become dependant on whale sale funding from global --

:12:15. > :12:20.wholesale funding from global banking. By the end of the crisis

:12:20. > :12:23.there were only five left. This was an appalling story of neglect by

:12:24. > :12:27.the regulator and justifies this Government's decision to put

:12:27. > :12:31.banking supervision back with the Bank of England. Although the FSA

:12:31. > :12:37.refuse to comment, it is understood the regulator will say the blame

:12:37. > :12:42.for the failure of RBS must ultimately lie with the bank's

:12:42. > :12:48.management. This bank used to -- this building used to belong to ABN

:12:48. > :12:52.AMRO. The report will say that ABN AMRO was of such significance that

:12:52. > :12:58.the regulator should have taken a more hands-on approach to the deal.

:12:58. > :13:03.They didn't. The deal went ahead, now RBS is all but nationalised.

:13:03. > :13:08.Now time for the sport's day news with Hinchcliffe.

:13:08. > :13:12.Hello. The British boxer Amir Khan is demanding a rematch after losing

:13:12. > :13:16.his two light welterweight titles. Khan was docked points by the

:13:16. > :13:22.referee. It proved crucial in his defeat to the American Lamont

:13:22. > :13:27.Peterson. Amir Khan confronted the politics

:13:27. > :13:31.of boxing's home town decision. His opponent grew up on DC's mean

:13:31. > :13:36.streets. That's him in trouble in the first round. That is him back

:13:36. > :13:40.up and relentless in the third N the seventh now, watch Khan's

:13:40. > :13:45.forearm shove. The referee saw it and told the judges to deduct a

:13:45. > :13:51.point from Khan's score. The boxing was often raw, but thrilling. At

:13:51. > :13:54.times Khan seemed dominant. In the final round, enter the

:13:54. > :13:59.referee, again telling the judges to take a point from Khan. This

:13:59. > :14:05.time he had thrown a punch after being told to break. 12 rounds and

:14:05. > :14:10.a long wait. Two judges gave it to Peterson. One to Khan. That was a

:14:10. > :14:16.disgusting decision. A rematch is something I'm looking

:14:16. > :14:23.at. Straight away I want it next fight. I want my two back. We know

:14:23. > :14:28.who won the fight. The Rec order says Khan lost. Grudges about

:14:28. > :14:32.judges change nothing. Lessons about boxing are often the hardest

:14:32. > :14:36.learnt. The British golfer Luke Donald has made history today,

:14:36. > :14:42.becoming the first man to top the European and US money lists in the

:14:42. > :14:46.same season. He shot a 66 to finish third in the Dubai World

:14:46. > :14:49.Championship, three shots behind Alvaro Quiros.

:14:49. > :14:55.Rory McIlroy could have prevented him completing the double by

:14:55. > :14:59.winning the event, but he finished tied in 11th place. It feels

:14:59. > :15:04.amazing. It is something I have thought about a lot. It has not

:15:04. > :15:08.sunk in yet. I look back at this year as being my greatest year for

:15:08. > :15:14.sure. Hopefully I can continue to improve. I feel I have a lot to

:15:14. > :15:18.achieve in this game. What a start for Martin O'Neill in his first

:15:18. > :15:22.match as Sunderland manager. With seven minutes to go, his team were

:15:22. > :15:29.heading for defeat against Blackburn. They scored two goals in

:15:29. > :15:32.quick succession, the second, a free kick in stoppage time. The new