Browse content similar to 28/08/2016. Check below for episodes and series from the same categories and more!
Line | From | To | |
---|---|---|---|
The last BHS stores will close for the final time today after 88 | :00:21. | :00:25. | |
It's after the retailer was placed into administration in March | :00:26. | :00:30. | |
The previous owners, Dominic Chappell and Sir Philip | :00:31. | :00:37. | |
Green, have been accused of mismanaging the company. | :00:38. | :00:39. | |
Our business correspondent Joe Lynam reports. | :00:40. | :00:49. | |
It is opening time for the last time at this shop in St Albans. It has | :00:50. | :00:57. | |
been here 44 years and some will miss it. I have come especially, I | :00:58. | :01:03. | |
don't know why, just to say I feel how sad it is closing. I am sorry, | :01:04. | :01:09. | |
BHS, I am sorry you are going. And a lot of other people in this town are | :01:10. | :01:14. | |
going to. A sad day to see an established firm like BHS go to the | :01:15. | :01:18. | |
wall. I am going to miss it. I will take a load of pictures today. The | :01:19. | :01:24. | |
first British home stores opened in Brixton in 1928 and became a fixture | :01:25. | :01:31. | |
on most high streets, in -- employing over 20,000 people. It is | :01:32. | :01:36. | |
the two most recent owners, Dominic Chappell and Sir Philip Green, who | :01:37. | :01:41. | |
have come in for criticism. Underinvestment and intense | :01:42. | :01:44. | |
competition on the high street could have brought down BHS but for many | :01:45. | :01:48. | |
staff, experts and a key group of MPs, one man caused the ultimate | :01:49. | :01:55. | |
demise in BHS, Sir Philip Green. He was described as the unacceptable | :01:56. | :02:00. | |
face of capitalism. A man who pitched himself while neglecting the | :02:01. | :02:04. | |
pension fund, before selling BHS for ?1 to a bankrupt with no experience | :02:05. | :02:13. | |
in retailing. Is -- his appearance before MPs was testy at times. | :02:14. | :02:18. | |
The average stay in our head office is 11 or 12 years... | :02:19. | :02:21. | |
Do you mind not looking at me like that all the time? | :02:22. | :02:24. | |
You're just staring at me, it's just uncomfortable, that's all. | :02:25. | :02:27. | |
The majority stores have already shut down and some will have new | :02:28. | :02:31. | |
owners on busy high streets. Some may never open again. The high | :02:32. | :02:37. | |
street is changing with more social retail with food and beverage | :02:38. | :02:41. | |
outlets, theatre and entertainment will stop big departmental stores | :02:42. | :02:46. | |
are cumbersome and heavy weight. By 5pm, the last bargains will have | :02:47. | :02:50. | |
been bought and the last store shuttered. An inauspicious end to an | :02:51. | :02:53. | |
88 year history. And Joe Lynam is in St Albans, where | :02:54. | :02:55. | |
one of the final stores is closing. So still no agreement over how | :02:56. | :02:59. | |
to fill the shortfall That is right, a shortfall of | :03:00. | :03:12. | |
approximately ?600 million and I understand Sir Philip Green is in | :03:13. | :03:18. | |
substantive talks with the Pensions Regulator but I am informed it will | :03:19. | :03:21. | |
be a matter of months rather than meets. The figure of 600 million is | :03:22. | :03:26. | |
the amount of money and insurance company would need to start from | :03:27. | :03:30. | |
scratch to replace the liabilities but in reality, the figure that | :03:31. | :03:32. | |
would be agreed will be less than that, though that will be less than | :03:33. | :03:39. | |
what some MPs, especially Frank Field, would agree and some staff | :03:40. | :03:43. | |
will be worried what will happen to their pension. They will get around | :03:44. | :03:48. | |
90% of their retirement earnings at the moment, rather than 100%. | :03:49. | :03:50. | |
The M20 motorway in Kent is due to reopen later today, | :03:51. | :03:52. | |
after being closed yesterday when a lorry hit a footbridge, | :03:53. | :03:55. | |
No one was seriously injured, but it's caused massive disruption | :03:56. | :04:00. | |
for drivers on one of the busiest weekends of the year. | :04:01. | :04:03. | |
Our correspondent Philip Norton is there. | :04:04. | :04:06. | |
It is a different scene, that even a few hours ago. It is very clear now, | :04:07. | :04:24. | |
the huge operation has taken place overnight, clearing all of this | :04:25. | :04:27. | |
concrete bridge knocked down around midday yesterday, off the motorway. | :04:28. | :04:33. | |
Contract is brought in from across the country -- con tractors. | :04:34. | :04:39. | |
Highways England had hope to open it by lunchtime but they tell me now | :04:40. | :04:43. | |
they hope to have it open by 6pm this evening, if not before, they | :04:44. | :04:48. | |
say. Focus this morning has been on the structural soundness of the | :04:49. | :04:54. | |
remaining bridge in place over the coast bow motorway and engineers | :04:55. | :04:58. | |
said it is classed as sound but they will fit motion sensors and when | :04:59. | :05:02. | |
they have the all clear from those, the motorway can be reopened. | :05:03. | :05:05. | |
At least 35 civilians are reported to have been killed and 50 injured | :05:06. | :05:08. | |
in the latest Turkish air strikes against Kurdish groups | :05:09. | :05:10. | |
Turkish tanks and troops began their offensive in Syria last | :05:11. | :05:13. | |
week to drive the Islamic State group out of a border town, | :05:14. | :05:16. | |
but they also want to stop the Kurds extending the territory | :05:17. | :05:19. | |
Two United Airlines pilots are in police custody | :05:20. | :05:29. | |
after being arrested at Glasgow Airport yesterday | :05:30. | :05:30. | |
on suspicion of being under the influence of alcohol. | :05:31. | :05:33. | |
The men were detained after they arrived to join | :05:34. | :05:36. | |
They're expected to appear in court tomorrow. | :05:37. | :05:42. | |
Relatives of the late Labour peer Lord Janner are demanding the child | :05:43. | :05:45. | |
abuse inquiry postpones its plan to investigate him. | :05:46. | :05:49. | |
They argue civil cases by several alleged victims should be heard | :05:50. | :05:52. | |
in court first, and that the inquiry would not offer the family | :05:53. | :05:58. | |
the chance to cross-examine Lord Janner's accusers. | :05:59. | :06:03. | |
This report from our home affairs correspondent Tom Symonds contains | :06:04. | :06:06. | |
Lord Janner died months after facing child abuse allegations in court. | :06:07. | :06:16. | |
Currently, more than 30 people, now adults, have accused him. | :06:17. | :06:19. | |
They say he committed sexual offences while a veteran | :06:20. | :06:23. | |
Labour MP in Leicester, during visits to children's | :06:24. | :06:25. | |
When police investigated in 1991, Lord Janner refused to comment. | :06:26. | :06:31. | |
But he denied the claims in the Commons and was never charged. | :06:32. | :06:34. | |
The independent inquiry into child sexual abuse is now investigating | :06:35. | :06:37. | |
whether institutions turned a blind eye to the allegations. | :06:38. | :06:44. | |
But Lord Janner's son, a senior barrister, wants to fight | :06:45. | :06:49. | |
the accusers in the civil courts, not the inquiry, where he won't be | :06:50. | :06:52. | |
He says the inquiry is unfairly picking on his father. | :06:53. | :06:58. | |
When he is dead, when he cannot answer back, when he has never been | :06:59. | :07:02. | |
convicted of any offence, and is entirely innocent. | :07:03. | :07:08. | |
How serious are you about challenging this in the civil | :07:09. | :07:11. | |
courts, if it does go to the civil courts, | :07:12. | :07:13. | |
Our family has decided this is what we want to use such | :07:14. | :07:18. | |
inheritance as there is upon, to clear his name. | :07:19. | :07:21. | |
He says all of the allegations against Lord Janner are made up, | :07:22. | :07:25. | |
But their lawyers say the judge could decide too much time has | :07:26. | :07:31. | |
passed for the courts to rule if the claims are true, | :07:32. | :07:34. | |
making the scrutiny of a public inquiry vital. | :07:35. | :07:37. | |
This week, one of Britain's deadliest, but least well known, | :07:38. | :07:44. | |
naval forces celebrates its 100th anniversary. | :07:45. | :07:47. | |
The Coastal Marine Force was founded during the First World War | :07:48. | :07:52. | |
as a fleet of high-speed torpedo boats to attack the Germans. | :07:53. | :07:56. | |
In the Second World War, their crew earned more gallantry medals | :07:57. | :07:59. | |
The small, fast coastal boats that helped change the tactics | :08:00. | :08:13. | |
And now a century after their creation, the final few left have | :08:14. | :08:23. | |
come together in Portsmouth for an anniversary sail-past, | :08:24. | :08:30. | |
watched by veterans like Robin Coventry. | :08:31. | :08:32. | |
He was a junior officer assigned to this nimble | :08:33. | :08:34. | |
We were just going out to make trouble and that, | :08:35. | :08:40. | |
often enough, we did, not only for ourselves, | :08:41. | :08:44. | |
but for the Germans as well, which was lucky. | :08:45. | :08:46. | |
And they must have been fairly fed up with us, too. | :08:47. | :08:53. | |
They first fired up in 1916, and were the idea of | :08:54. | :08:55. | |
They were just 50 feet long and carried one or two torpedoes - | :08:56. | :09:00. | |
enough to hit large enemy ships and then escape at high speed. | :09:01. | :09:10. | |
In fact, they were sometimes called the Spitfire of the Sea, | :09:11. | :09:13. | |
because they were so fast, capable of 30 or 40 knots. | :09:14. | :09:17. | |
Her enemies had never seen anything like them. | :09:18. | :09:24. | |
By the end of the Second World War, there were 2,000 of them and they | :09:25. | :09:27. | |
They sank over 500 enemy vessels and were awarded | :09:28. | :09:36. | |
3,000 gallantry medals, more than any other branch | :09:37. | :09:37. | |
In war, these vessels fired more torpedoes than Britain's submarines. | :09:38. | :09:44. | |
100 years of lethal sea power and a miniature Navy that did not | :09:45. | :09:49. | |
Duncan Kennedy, BBC News, in Portsmouth. | :09:50. | :09:57. | |
Good afternoon, it would not be a bank holiday without a little bit of | :09:58. | :10:23. | |
rain but for some, perhaps too much. Storms in the Midlands produced over | :10:24. | :10:26. | |
an inch of rain and through | :10:27. | :10:27. |