:00:21. > :00:25.The last BHS stores will close for the final time today after 88
:00:26. > :00:30.It's after the retailer was placed into administration in March
:00:31. > :00:37.The previous owners, Dominic Chappell and Sir Philip
:00:38. > :00:39.Green, have been accused of mismanaging the company.
:00:40. > :00:49.Our business correspondent Joe Lynam reports.
:00:50. > :00:57.It is opening time for the last time at this shop in St Albans. It has
:00:58. > :01:03.been here 44 years and some will miss it. I have come especially, I
:01:04. > :01:09.don't know why, just to say I feel how sad it is closing. I am sorry,
:01:10. > :01:14.BHS, I am sorry you are going. And a lot of other people in this town are
:01:15. > :01:18.going to. A sad day to see an established firm like BHS go to the
:01:19. > :01:24.wall. I am going to miss it. I will take a load of pictures today. The
:01:25. > :01:31.first British home stores opened in Brixton in 1928 and became a fixture
:01:32. > :01:36.on most high streets, in -- employing over 20,000 people. It is
:01:37. > :01:41.the two most recent owners, Dominic Chappell and Sir Philip Green, who
:01:42. > :01:44.have come in for criticism. Underinvestment and intense
:01:45. > :01:48.competition on the high street could have brought down BHS but for many
:01:49. > :01:55.staff, experts and a key group of MPs, one man caused the ultimate
:01:56. > :02:00.demise in BHS, Sir Philip Green. He was described as the unacceptable
:02:01. > :02:04.face of capitalism. A man who pitched himself while neglecting the
:02:05. > :02:13.pension fund, before selling BHS for ?1 to a bankrupt with no experience
:02:14. > :02:18.in retailing. Is -- his appearance before MPs was testy at times.
:02:19. > :02:21.The average stay in our head office is 11 or 12 years...
:02:22. > :02:24.Do you mind not looking at me like that all the time?
:02:25. > :02:27.You're just staring at me, it's just uncomfortable, that's all.
:02:28. > :02:31.The majority stores have already shut down and some will have new
:02:32. > :02:37.owners on busy high streets. Some may never open again. The high
:02:38. > :02:41.street is changing with more social retail with food and beverage
:02:42. > :02:46.outlets, theatre and entertainment will stop big departmental stores
:02:47. > :02:50.are cumbersome and heavy weight. By 5pm, the last bargains will have
:02:51. > :02:53.been bought and the last store shuttered. An inauspicious end to an
:02:54. > :02:55.88 year history. And Joe Lynam is in St Albans, where
:02:56. > :02:59.one of the final stores is closing. So still no agreement over how
:03:00. > :03:12.to fill the shortfall That is right, a shortfall of
:03:13. > :03:18.approximately ?600 million and I understand Sir Philip Green is in
:03:19. > :03:21.substantive talks with the Pensions Regulator but I am informed it will
:03:22. > :03:26.be a matter of months rather than meets. The figure of 600 million is
:03:27. > :03:30.the amount of money and insurance company would need to start from
:03:31. > :03:32.scratch to replace the liabilities but in reality, the figure that
:03:33. > :03:39.would be agreed will be less than that, though that will be less than
:03:40. > :03:43.what some MPs, especially Frank Field, would agree and some staff
:03:44. > :03:48.will be worried what will happen to their pension. They will get around
:03:49. > :03:50.90% of their retirement earnings at the moment, rather than 100%.
:03:51. > :03:52.The M20 motorway in Kent is due to reopen later today,
:03:53. > :03:55.after being closed yesterday when a lorry hit a footbridge,
:03:56. > :04:00.No one was seriously injured, but it's caused massive disruption
:04:01. > :04:03.for drivers on one of the busiest weekends of the year.
:04:04. > :04:06.Our correspondent Philip Norton is there.
:04:07. > :04:24.It is a different scene, that even a few hours ago. It is very clear now,
:04:25. > :04:27.the huge operation has taken place overnight, clearing all of this
:04:28. > :04:33.concrete bridge knocked down around midday yesterday, off the motorway.
:04:34. > :04:39.Contract is brought in from across the country -- con tractors.
:04:40. > :04:43.Highways England had hope to open it by lunchtime but they tell me now
:04:44. > :04:48.they hope to have it open by 6pm this evening, if not before, they
:04:49. > :04:54.say. Focus this morning has been on the structural soundness of the
:04:55. > :04:58.remaining bridge in place over the coast bow motorway and engineers
:04:59. > :05:02.said it is classed as sound but they will fit motion sensors and when
:05:03. > :05:05.they have the all clear from those, the motorway can be reopened.
:05:06. > :05:08.At least 35 civilians are reported to have been killed and 50 injured
:05:09. > :05:10.in the latest Turkish air strikes against Kurdish groups
:05:11. > :05:13.Turkish tanks and troops began their offensive in Syria last
:05:14. > :05:16.week to drive the Islamic State group out of a border town,
:05:17. > :05:19.but they also want to stop the Kurds extending the territory
:05:20. > :05:29.Two United Airlines pilots are in police custody
:05:30. > :05:30.after being arrested at Glasgow Airport yesterday
:05:31. > :05:33.on suspicion of being under the influence of alcohol.
:05:34. > :05:36.The men were detained after they arrived to join
:05:37. > :05:42.They're expected to appear in court tomorrow.
:05:43. > :05:45.Relatives of the late Labour peer Lord Janner are demanding the child
:05:46. > :05:49.abuse inquiry postpones its plan to investigate him.
:05:50. > :05:52.They argue civil cases by several alleged victims should be heard
:05:53. > :05:58.in court first, and that the inquiry would not offer the family
:05:59. > :06:03.the chance to cross-examine Lord Janner's accusers.
:06:04. > :06:06.This report from our home affairs correspondent Tom Symonds contains
:06:07. > :06:16.Lord Janner died months after facing child abuse allegations in court.
:06:17. > :06:19.Currently, more than 30 people, now adults, have accused him.
:06:20. > :06:23.They say he committed sexual offences while a veteran
:06:24. > :06:25.Labour MP in Leicester, during visits to children's
:06:26. > :06:31.When police investigated in 1991, Lord Janner refused to comment.
:06:32. > :06:34.But he denied the claims in the Commons and was never charged.
:06:35. > :06:37.The independent inquiry into child sexual abuse is now investigating
:06:38. > :06:44.whether institutions turned a blind eye to the allegations.
:06:45. > :06:49.But Lord Janner's son, a senior barrister, wants to fight
:06:50. > :06:52.the accusers in the civil courts, not the inquiry, where he won't be
:06:53. > :06:58.He says the inquiry is unfairly picking on his father.
:06:59. > :07:02.When he is dead, when he cannot answer back, when he has never been
:07:03. > :07:08.convicted of any offence, and is entirely innocent.
:07:09. > :07:11.How serious are you about challenging this in the civil
:07:12. > :07:13.courts, if it does go to the civil courts,
:07:14. > :07:18.Our family has decided this is what we want to use such
:07:19. > :07:21.inheritance as there is upon, to clear his name.
:07:22. > :07:25.He says all of the allegations against Lord Janner are made up,
:07:26. > :07:31.But their lawyers say the judge could decide too much time has
:07:32. > :07:34.passed for the courts to rule if the claims are true,
:07:35. > :07:37.making the scrutiny of a public inquiry vital.
:07:38. > :07:44.This week, one of Britain's deadliest, but least well known,
:07:45. > :07:47.naval forces celebrates its 100th anniversary.
:07:48. > :07:52.The Coastal Marine Force was founded during the First World War
:07:53. > :07:56.as a fleet of high-speed torpedo boats to attack the Germans.
:07:57. > :07:59.In the Second World War, their crew earned more gallantry medals
:08:00. > :08:13.The small, fast coastal boats that helped change the tactics
:08:14. > :08:23.And now a century after their creation, the final few left have
:08:24. > :08:30.come together in Portsmouth for an anniversary sail-past,
:08:31. > :08:32.watched by veterans like Robin Coventry.
:08:33. > :08:34.He was a junior officer assigned to this nimble
:08:35. > :08:40.We were just going out to make trouble and that,
:08:41. > :08:44.often enough, we did, not only for ourselves,
:08:45. > :08:46.but for the Germans as well, which was lucky.
:08:47. > :08:53.And they must have been fairly fed up with us, too.
:08:54. > :08:55.They first fired up in 1916, and were the idea of
:08:56. > :09:00.They were just 50 feet long and carried one or two torpedoes -
:09:01. > :09:10.enough to hit large enemy ships and then escape at high speed.
:09:11. > :09:13.In fact, they were sometimes called the Spitfire of the Sea,
:09:14. > :09:17.because they were so fast, capable of 30 or 40 knots.
:09:18. > :09:24.Her enemies had never seen anything like them.
:09:25. > :09:27.By the end of the Second World War, there were 2,000 of them and they
:09:28. > :09:36.They sank over 500 enemy vessels and were awarded
:09:37. > :09:37.3,000 gallantry medals, more than any other branch
:09:38. > :09:44.In war, these vessels fired more torpedoes than Britain's submarines.
:09:45. > :09:49.100 years of lethal sea power and a miniature Navy that did not
:09:50. > :09:57.Duncan Kennedy, BBC News, in Portsmouth.
:09:58. > :10:23.Good afternoon, it would not be a bank holiday without a little bit of
:10:24. > :10:26.rain but for some, perhaps too much. Storms in the Midlands produced over
:10:27. > :10:27.an inch of rain and through