:00:16. > :00:22.Be chairman of Barclays resigns in the wake of the rate fixing scandal
:00:22. > :00:25.saying it shows an unacceptable standard of behaviour. Marcus Agius
:00:25. > :00:28.will formally announce his departure in the morning but there
:00:28. > :00:32.is still pressure on the chief executive and on other banks.
:00:32. > :00:36.David Cameron says a referendum on Europe is a possibility when the
:00:36. > :00:42.time is right. Violent thunderstorms wreak havoc
:00:42. > :00:48.on the east coast of America as a state of emergency is declared.
:00:48. > :00:58.What an opening! And Spain gives Italy a lesson in counting as they
:00:58. > :01:06.
:01:06. > :01:08.score four to be crowned champions Good evening. The chairman of
:01:08. > :01:18.Barclays, Marcus Agius, is resigning in the fall-out from the
:01:18. > :01:21.bank being fined for rate fixing. Admitting that it demonstrated an
:01:21. > :01:24.unacceptable standard of behaviour. There will be a formal announcement
:01:24. > :01:27.in the morning, days after Barclay's was fined nearly �300
:01:27. > :01:30.million for fixing interbank interest rates. In a moment, we
:01:30. > :01:33.will speak to our business editor Robert Peston, who broke the news
:01:33. > :01:41.that the Barclays chairman was to stand down. But first, this report
:01:41. > :01:45.from Ben Thompson. The rate fixing scandal has sent
:01:45. > :01:50.shockwaves through the industry but tonight it claimed its first high-
:01:50. > :01:55.profile victim. Marcus Agius, the chairman of Barclays, will resign.
:01:55. > :02:00.The fixing of interbank lending rates has already cost the bank
:02:00. > :02:08.�298 million in fines. A total now that those at the top of the bank
:02:08. > :02:11.had refused to quit. Mr Agius, who is also won the BBC's board, joined
:02:11. > :02:15.Barclays in 2006. Tomorrow, his departure will be officially
:02:15. > :02:19.announced. This goes to the heart of the British economy and the
:02:19. > :02:24.heart of the city of London. I really hope that the authorities
:02:24. > :02:31.react aggressively and fast in the next few days. But Barclays is just
:02:31. > :02:34.one of more than 20 banks currently under investigation. Rival RBS
:02:34. > :02:41.sacked four of its traders at the start of the year, a move designed
:02:41. > :02:45.to prove it was, and is, in control of the crisis. Today, the head of
:02:45. > :02:49.the city watchdog called for greater powers to bring sanctions
:02:49. > :02:54.against those involved. Further steps were made to give us the
:02:54. > :02:59.ability to bring critical charges in particular areas of market abuse,
:02:59. > :03:02.but they did not cover the LIBOR market. I think if we should look
:03:02. > :03:08.further to see if we should strengthen these powers on top of
:03:08. > :03:14.what we have got at the moment. after a surge of shareholder
:03:14. > :03:18.activism, like these protests, the Business Secretary Vince Cable says
:03:18. > :03:23.it is the shareholders, not government or regulators, who
:03:23. > :03:28.should hold management boards to account. Barclays boss Bob Diamond
:03:28. > :03:31.will have to answer to MPs that the Treasury Select Committee on
:03:31. > :03:35.Wednesday. With growing public anger, there will also be questions
:03:35. > :03:41.about whether he, too, should now step down.
:03:41. > :03:46.Our business editor Robert Peston is here. Why did Marcus Agius feel
:03:46. > :03:51.he had to go? In his resignation statement that will be released
:03:51. > :03:55.tomorrow, as I understand it, Marcus Agius will say that this
:03:55. > :04:00.market rigging scandal, the disclosure that Barclays managers
:04:00. > :04:07.were lying about the interest rate and Barclays was paying to borrow,
:04:07. > :04:11.has dealt a devastating blow to this bank's reputation. It was
:04:11. > :04:15.clear to many politicians and shareholders that somebody at
:04:15. > :04:19.Barclays had to carry the can and Marcus Agius decided last night,
:04:19. > :04:25.the buck stopped with him. The board had already decided they
:04:25. > :04:30.wanted Bob Diamond to stay. Marcus Agius felt there was no alternative
:04:30. > :04:35.but for him to quit. But once he does, where does that leave
:04:35. > :04:40.Barclays and does it make Bob Diamond's position secure?
:04:40. > :04:44.Diamond, the chief executive, will be appearing in front of MPs on
:04:44. > :04:47.Wednesday. One of the things he has got to talk about is an
:04:48. > :04:52.extraordinary meeting, or conversation he had with the deputy
:04:52. > :04:58.governor of the Bank of England, Paul Tucker, in 2008, which I
:04:58. > :05:04.learned about earlier today. In that conversation, they talked
:05:04. > :05:07.about the damage to Barclays' public reputation at the time of
:05:07. > :05:11.the credit crunch, from the perception that it was having to
:05:11. > :05:17.pay a high interest rate to borrow. This led people to believe it was
:05:17. > :05:21.weak as a bank. For some reason or another, we are not quite clear why,
:05:21. > :05:25.Barclays managers took away from that conversation, her belief that
:05:25. > :05:31.somehow the Bank of England had instructed them to lie about the
:05:31. > :05:35.interest rates they were paying. The Bank of England did not issue
:05:35. > :05:40.that instruction but Bob Diamond will undoubtedly be asked by MPs
:05:40. > :05:43.what it was he took away from that conversation with the deputy
:05:43. > :05:47.governor of the Bank of England, and indeed, there will also be
:05:47. > :05:52.questions about his own involvement and knowledge of Barclays line
:05:52. > :05:55.about these interest rates. Robert, thank you very much.
:05:55. > :05:59.The prime minister has suggested Britain could have a referendum on
:05:59. > :06:02.its relationship with the European Union, when the time is right. In a
:06:02. > :06:04.newspaper article, David Cameron said he and the British people were
:06:04. > :06:07.not happy with the current relationship. Labour says the
:06:08. > :06:15.Conservative position on Europe is a shambles. Here is our political
:06:15. > :06:20.correspondent, Carole Walker. So is David Cameron prepared to
:06:20. > :06:25.give the British people a say on Europe in a referendum? The answer,
:06:25. > :06:29.quite possibly, but not yet. The Prime Minister says with Europe
:06:29. > :06:33.changing fast, we need to establish a new relationship with our
:06:33. > :06:37.partners and then consider had to get the support of the British
:06:37. > :06:41.people. This could be at a general election or in a referendum as the
:06:41. > :06:47.Foreign Secretary explained this morning. The Prime Minister is
:06:47. > :06:50.saying, the time to decide is when we know how Europe is going to
:06:50. > :06:56.develop over the coming months and years with the eurozone crisis, and
:06:56. > :07:01.when we know whether we can get a better relationship. When will the
:07:02. > :07:04.Prime Minister consult us? Probably not before the next election in
:07:04. > :07:10.2015. What about the question? David Cameron wants it to be on a
:07:10. > :07:17.new relationship with Les EU power. But an in or out referendum remains
:07:17. > :07:21.possible. On Friday, the Prime Minister seemed to rule a
:07:21. > :07:24.referendum out. On Sunday morning he hints he is ruling a referendum
:07:24. > :07:30.in. The Foreign Secretary has been sent out to say the position has
:07:30. > :07:33.not changed. Frankly, it is a shambles. Some Conservatives have
:07:33. > :07:36.welcomed the Prime Minister's move as a step in the right direction,
:07:36. > :07:42.but others say he has to make a much clearer commitment now if he
:07:42. > :07:46.is going to convince the public. What we want is the promise of a
:07:46. > :07:50.referendum, in the next Parliament, a promise on the statute book in
:07:50. > :07:54.this Parliament for a referendum in the next Parliament, so people can
:07:54. > :07:58.have their say. It gives us a chance to have an informed debate
:07:58. > :08:02.about what sort of relationship we want. To add to the pressure on the
:08:02. > :08:07.Prime Minister, tomorrow his former Defence Secretary, Liam Fox, will
:08:07. > :08:10.call for negotiations now on a new, looser relationship with Europe.
:08:10. > :08:15.With a government prepared to recommend leaving the EU if it does
:08:15. > :08:19.not get what it wants. The party's rivals say the Prime Minister is
:08:19. > :08:23.still denying the public a referendum which they want. What he
:08:23. > :08:27.is doing is give a vague promise that there might be a referendum in
:08:27. > :08:31.the future but it will not be about our membership of the euro shim --
:08:31. > :08:36.European Union. If he thinks he has buried the issue into the long
:08:36. > :08:40.grass, he has another think. Prime Minister knows his stance
:08:40. > :08:44.will not please his Liberal Democrat coalition partners to take
:08:44. > :08:51.a very different view on Europe. And Carole is a Westminster for us
:08:52. > :08:56.now. Where does this debate go now as far as David Cameron is
:08:57. > :09:03.concerned? I think certainly the intervention of Liam Fox will raise
:09:03. > :09:08.the stakes and galvanise the MPs who were not happy with what they
:09:08. > :09:12.have heard so far. Liam Fox has kept a low profile since he had to
:09:12. > :09:16.leave the Cabinet over the role of his adviser. The Prime Minister
:09:16. > :09:20.will make a statement tomorrow. I think the danger for him is he will
:09:20. > :09:25.find his offer of a possible referendum in future, far from
:09:25. > :09:29.meeting the demand of his Tory MPs, will simply fuel those who want a
:09:29. > :09:34.much firmer, clearer commitment to a referendum on Europe. And at the
:09:34. > :09:38.same time, David Cameron appears to have annoyed his coalition partners.
:09:39. > :09:44.Vince Cable said that the whole idea of a referendum was horribly
:09:44. > :09:46.irrelevant at the time of upheaval across Europe. Thank you.
:09:46. > :09:49.The government is planning changes to the test taken by foreign
:09:49. > :09:51.nationals who wish to become British citizens. The revised
:09:51. > :09:54.version will require greater knowledge of British achievements
:09:54. > :10:04.and history, testing candidates on figures such as William Shakespeare
:10:04. > :10:10.and the Duke of Wellington. Ben Geoghegan has more details.
:10:10. > :10:14.Sultanas brassiere came to the UK from Bangladesh five years ago. To
:10:14. > :10:19.become a British citizen she has to pass a test about life in the UK.
:10:19. > :10:24.She has already had one go but her first attempt was unsuccessful.
:10:24. > :10:30.you want to live here, you have to know all the information, all the
:10:30. > :10:35.rules and the way of living here, the way of the culture here. It is
:10:35. > :10:38.important. It is quite hard, but it is important. This is the handbook
:10:39. > :10:43.to life in the UK which people who want to settle in this country can
:10:43. > :10:48.be asked to learn. There are sections on British history as well
:10:48. > :10:52.as human rights, and advice as well on claiming some benefits. The
:10:52. > :10:56.government wants to change this so there is more focus on British
:10:56. > :11:00.culture and people's responsibilities. People are almost
:11:00. > :11:05.encouraged to see what they can get out of the country, rather than
:11:05. > :11:07.what they can contribute. The emphasis is moving towards people
:11:07. > :11:13.having an understanding of the country they are joining,
:11:13. > :11:17.effectively, is absolutely right. The new guide will include key
:11:17. > :11:22.figures and events from British history, like Shakespeare, the
:11:22. > :11:30.Battle of Trafalgar and Florence Nightingale. In this jubilee year,
:11:30. > :11:34.we have heard a lot of the National Anthem. In future, people could be
:11:34. > :11:40.tested on the words of the first verse. This man runs cities has run
:11:40. > :11:44.-- citizenship courses in the east of London. Bear in mind, at the
:11:44. > :11:48.majority of people may not be from a Christian background and it could
:11:48. > :11:54.be against their religious beliefs and personal beliefs. The national
:11:54. > :11:58.anthem itself, is a little bit too biased or unfair to these people.
:11:58. > :12:02.The government hopes its new guide will help migrants become better
:12:02. > :12:12.citizens. Critics say the changes will put up unnecessary barriers
:12:12. > :12:17.
:12:17. > :12:20.for people who want to live in the Mexico has been voting for a new
:12:20. > :12:23.President. The leading candidate, Enrique Pena Niete, has vowed to
:12:23. > :12:26.reduce poverty and bolster the economy. He has also pledged to
:12:26. > :12:28.crack down on the drug-related violence that has plagued parts of
:12:28. > :12:30.the country. Millions of people are without
:12:30. > :12:34.power tonight after the thunderstorms that have hit the US
:12:34. > :12:36.east coast. The storms were fuelled by a heatwave that has seen record-
:12:36. > :12:43.breaking temperatures. Four states have now declared a state of
:12:43. > :12:48.emergency. Jonny Diamond reports from Washington. The US capital has
:12:48. > :12:55.seen nothing like it. A storm which raced in from the West tearing down
:12:55. > :13:00.trees, pulling up power lines and even flipping a small plane. 70 and
:13:00. > :13:04.80 miles an hour or winds ripped roofs off and left roads blocked.
:13:04. > :13:10.It has been compared to a hurricane but hurricanes come with warnings
:13:10. > :13:16.and time to prepare. With the storm there was neither. There was a loud
:13:16. > :13:22.boom! I said, Oh, my God, that lightning has hit something close.
:13:22. > :13:26.Across Washington, crews are trying to fix traffic lights, power lines
:13:26. > :13:31.and telephone exchanges. Some of the damage will take time to clear,
:13:31. > :13:37.toppled trees outside the city's embassies will require heavy
:13:37. > :13:41.lifting equipment. Across four states and here in Washington DC,
:13:41. > :13:46.there are scenes like these where huge winds have torn down trees and
:13:46. > :13:51.pulled out power lines. The storm - - the storm struck in the middle of
:13:51. > :13:56.a heat wave. It is horribly hot here. Life without electricity is
:13:56. > :14:04.dangerous for some and utterly miserable for others. Ham and her
:14:04. > :14:11.mother lost power on Friday night - - Hannah. We are starting to get
:14:11. > :14:15.sticky, no air-conditioning. There is no air-conditioning and a water
:14:15. > :14:19.tank storage which is run by electricity. When the water has
:14:19. > :14:24.gone from the tank, and thus the electricity comes back on, there
:14:24. > :14:27.will be no water. More than a dozen people have been killed by the
:14:27. > :14:34.storm. Much property has been destroyed and millions are waiting
:14:34. > :14:38.for the lights and the air- conditioning to come back on.
:14:38. > :14:43.Sport now and for all the details of the Euro 2012 final we can cross
:14:43. > :14:48.to the BBC Sports Centre. Quite a night.
:14:48. > :14:52.It was indeed. Spain have made football history tonight and in
:14:52. > :14:56.some style. They outclassed Italy in the final in Kiev to retain
:14:56. > :14:59.their title and become the first team to win three consecutive
:14:59. > :15:09.international tournaments. Olly Foster is outside the Olympic
:15:09. > :15:10.
:15:10. > :15:16.History has been made here in Kiev. To think that Spain's tactics were
:15:16. > :15:22.criticised leading into the final. They won 4-0, 80 Lee the latest to
:15:22. > :15:27.suffer a final Inquisition. -- Italy. The cacophony of conference
:15:27. > :15:32.on the streets of Kiev was Spanish, and they had every right to enter
:15:32. > :15:36.this eastern outpost of European football with a certain swagger.
:15:36. > :15:40.The Italians come a penalty conquerers of England in this very
:15:40. > :15:50.city never thought they would be back until those semi-final
:15:50. > :15:52.
:15:52. > :15:56.pyrotechnics from Balotelli against It was that other manner of
:15:56. > :16:03.Manchester City, Silva, who provided the first spark in this
:16:03. > :16:07.final. Silva, one of Spain's six- man midfield, picked out by
:16:07. > :16:13.Fabregas. No strikers in the team, but they were not shy in coming
:16:13. > :16:18.forward. The Italians threatened, Castano with a hat-trick of chances
:16:18. > :16:22.that found Casillas every time. The Spaniards only needed the tiniest
:16:22. > :16:27.of cracks to prise the second goal before half-time. Jordi Alba, a
:16:27. > :16:31.defender on scoring duty. Di Natale almost made an impact for Italy
:16:31. > :16:35.with his first touch. The Italians used all three substitutes, and
:16:35. > :16:39.when one of them, a Thiago Motta, was stretchered off with half an
:16:39. > :16:44.hour to play, the match was effectively over. Playing Spain is
:16:44. > :16:47.hard enough, with 10 it was impossible. Torres scored the
:16:47. > :16:54.winner four years ago to win the European Cup, he made sure they
:16:54. > :16:59.were keeping it. He set up a 4th for another substitute, Juan Mata.
:16:59. > :17:08.The matadors showed no mercy. The Spanish dynasty it is dominating
:17:08. > :17:13.all before them, claiming the prize So, a very familiar climax to Euro
:17:13. > :17:18.2012, all the major book Portrait these stay with Spain. Now it is
:17:18. > :17:23.onto the road to Brazil, the World Cup, in 2014. The Spanish will be
:17:23. > :17:26.going for the quadruple! England's cricketers have won the
:17:26. > :17:33.second one-day international against Australia with ease at the
:17:33. > :17:38.Oval. Bopara start for England, hitting 82. They chased down the
:17:38. > :17:43.target at 252, with six wickets to spare. Alastair Cook's side now
:17:43. > :17:46.have a 2-0 lead. Great Britain have suffered further
:17:46. > :17:49.disappointment in the relay at the European athletics championships. A
:17:49. > :17:54.day after the women's team were disqualified, the men have had
:17:55. > :17:59.their hopes of a medal dashed. Their challenge in the four by 100