Browse content similar to 28/01/2012. Check below for episodes and series from the same categories and more!
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Good afternoon. In the past few minutes, the BBC | :00:23. | :00:29. | |
has learned that the Royal Bank of Scotland chairman, Sir Philip | :00:29. | :00:34. | |
Hampton has given up a �1.4 million share award he was due it follows | :00:34. | :00:38. | |
the controversy over the company's chief executive, Stephen Hester, | :00:38. | :00:43. | |
being awarded a bonus of �963,000. Our business correspondent is with | :00:43. | :00:48. | |
me. Joe, what do we know about this? Aappears that the chairman of | :00:48. | :00:52. | |
Royal Bank of Scotland approached the remuneration Committee and said | :00:53. | :00:57. | |
he was entitled to a restricted share award, but would not take it. | :00:57. | :01:02. | |
It is slightly unusual to get the kind of bonuses that the executives | :01:02. | :01:06. | |
get, but he felt in line of the public pressure, he would not | :01:06. | :01:12. | |
accept 5 .1 million shares that works out at �1.4 million. | :01:12. | :01:15. | |
This puts pressure on Stephen Hester and the Government? Yes, it | :01:15. | :01:20. | |
does. He is due to receive a bonus of about �1 million worth of shares. | :01:20. | :01:24. | |
We have learned this morning that George Osbourne told our colleague, | :01:24. | :01:27. | |
Stephanie Flanders, that George Osbourne, the Chancellor, would not | :01:27. | :01:31. | |
vote against the share award in Royal Bank of Scotland forthcoming | :01:31. | :01:36. | |
AGM. So it looks as though the Government will not block it. If he | :01:36. | :01:38. | |
does not accept it, it is his decision. | :01:38. | :01:43. | |
A serving police officer and three other men have been arrested by | :01:43. | :01:45. | |
detectives investigating corrupt payments to the police. It is part | :01:45. | :01:50. | |
of elve elve, which is a long- running operation linked to the | :01:50. | :01:53. | |
phone hacking inquiry. Our Home Affairs Correspondent Danny Shaw | :01:53. | :01:58. | |
has this report. It is a year since Scotland Yard | :01:58. | :02:03. | |
launched a fresh inquiry into phone hacking, today, a major development. | :02:03. | :02:07. | |
This morning, four arrests were made. They are part of a link to | :02:07. | :02:10. | |
Scotland Yard inquiries into allegationss that police received | :02:11. | :02:13. | |
illegal payments providing information. | :02:14. | :02:19. | |
One of those arrested is a 29-year- old serving policeman based in | :02:19. | :02:22. | |
Central London. He is being questioned on suspicion of | :02:22. | :02:28. | |
corruption, misconduct in a public office and conspiracy in relation | :02:28. | :02:33. | |
to both offences. Had is -- he is the second officer arrested. The | :02:33. | :02:38. | |
three other men have never worked for the police. Two are aged 38, | :02:38. | :02:43. | |
one is aged of a. Their homes in Essex in north London are being | :02:43. | :02:46. | |
searched. Last year as the police | :02:46. | :02:50. | |
investigation into phone hacking aalleged corruption gathered pace, | :02:50. | :02:55. | |
the News of the World was closed down. Among the 27 people arrested | :02:55. | :02:59. | |
was the former chief executive of News International, Rebekah Brookes. | :02:59. | :03:04. | |
Andy Coulson, the paper's former editor and David Cameron's former | :03:04. | :03:09. | |
communications chief and Glen Mulcaire. Jailed for hacking phones | :03:09. | :03:15. | |
five years ago. All are on police bail. Scotland Yard said that the | :03:15. | :03:19. | |
arrest s today followed information from News International. Police are | :03:19. | :03:23. | |
now searching their offices. The Government is insisting it will | :03:23. | :03:27. | |
not back down over planned changes to the Child Support Agency. | :03:27. | :03:31. | |
Despite being defeated in the House of Lords this week. Under the | :03:31. | :03:35. | |
proposals, parents will be charged for help in tracking down payments | :03:35. | :03:40. | |
from former partners. That's a good one. | :03:41. | :03:46. | |
That's not so good. Mark Manuel separated from his wife | :03:46. | :03:50. | |
after 20 years ago together, but despite their differences they | :03:50. | :03:54. | |
manage to sort out child maintenance payments with the help | :03:54. | :03:58. | |
of the mediation service. It is better to agree about what | :03:58. | :04:03. | |
you can and can't do. It works out so much better. That way you know | :04:03. | :04:07. | |
that the money goes directly to that person's bank account. | :04:07. | :04:11. | |
But parents who can't agree may soon have to pay to use the Child | :04:11. | :04:16. | |
Support Agency. The Government is proposing an upfront application | :04:17. | :04:24. | |
fee of about �100. For parents on benefits it would be about �50. If | :04:24. | :04:29. | |
the CSA administers the maintenance it would charge between �7% and 20% | :04:29. | :04:32. | |
of that money. The charity Gingerbread says that these changes | :04:32. | :04:37. | |
are unfair. These proposals mean that lot of | :04:37. | :04:41. | |
parents may not access the Child Support Agency. That means they | :04:41. | :04:44. | |
will not get vitally needed child maintenance flowing. Families are | :04:45. | :04:49. | |
really struggling at the moment. Ultimately it is the children who | :04:49. | :04:52. | |
will suffer. The Government insists that the | :04:52. | :04:57. | |
system must change as it costs too much and does not work. | :04:57. | :05:01. | |
Most people who are out there listening to this today will know | :05:01. | :05:06. | |
that they need to reform child maintenance. That half of children | :05:06. | :05:09. | |
living in separated families don't get any financial support. System | :05:09. | :05:12. | |
is broken. Ministers are insisting that they | :05:12. | :05:17. | |
will try to reinstate the proposals in the House of Commons next week. | :05:17. | :05:21. | |
Nick Clegg has already hinted, though, that perhaps some changes | :05:21. | :05:28. | |
may be made. Extra security checks are taking | :05:28. | :05:31. | |
place at Queens Park Rangers home ground, following an allegations to | :05:31. | :05:36. | |
the police that a threatening letter had been sent to the | :05:36. | :05:43. | |
defender, Anton Ferdinand. Fans arriving for the FA Cup tie with | :05:43. | :05:52. | |
Chelsea are being searched by the police. Let's speak now to Ben Ando. | :05:52. | :05:56. | |
What is the background to this? Well it was last October when the | :05:56. | :06:01. | |
teams met in the league. There was an altercation between John Terry | :06:01. | :06:05. | |
and Anton Ferdinand, the QPR defender. Something was said, after | :06:05. | :06:09. | |
the game, John Terry was charged with rairb ale abusing Anton | :06:10. | :06:14. | |
Ferdinand, a charge that he denies. When it became clear that the teams | :06:14. | :06:17. | |
were to meat in the FA Cup, there were concerns about the security. | :06:17. | :06:21. | |
These were heightened during the week when something was sent to the | :06:21. | :06:25. | |
club addressed to Anton Ferdinand, said by the police to be a | :06:25. | :06:30. | |
malicious communication, believed to be a bullet or a pellet. There | :06:30. | :06:35. | |
is speculation that the two players may refuse to shake hands. On that | :06:35. | :06:39. | |
basis the FA have abandoned the traditional shand shake before the | :06:39. | :06:43. | |
game and of course there -- hand- shake before the game and there is | :06:44. | :06:47. |