Browse content similar to 13/01/2018. Check below for episodes and series from the same categories and more!
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Good evening. | 0:00:21 | 0:00:23 | |
The leader of the Liberal Democrats,
Sir Vince Cable, has warned | 0:00:23 | 0:00:26 | |
the Government it would send out
the wrong message if it bails out | 0:00:26 | 0:00:30 | |
the struggling construction company
Carillion using taxpayers' money. | 0:00:30 | 0:00:33 | |
It's feared the firm,
which has debts of £1.5 billion, | 0:00:33 | 0:00:35 | |
could collapse after creditors
rejected a possible rescue plan. | 0:00:35 | 0:00:41 | |
Carillion employs about 20,000
people in the UK and is one of | 0:00:41 | 0:00:44 | |
the Government's main contractors. | 0:00:44 | 0:00:45 | |
Our business correspondent
Joe Lynam reports. | 0:00:45 | 0:00:50 | |
This is Liverpool's newest hospital
under construction. | 0:00:50 | 0:00:53 | |
It will be the biggest single bed
hospital in the UK, and it is being | 0:00:53 | 0:00:58 | |
built by Carillion. Now there is
concern that projects like these | 0:00:58 | 0:01:01 | |
could be affected if the company
collapses. From prisons, hospitals, | 0:01:01 | 0:01:07 | |
schools and rail, Carillion is
responsible for some of the UK | 0:01:07 | 0:01:10 | |
plasma largest infrastructure
maintenance projects. So should the | 0:01:10 | 0:01:14 | |
Government bailed the debt-laden
company out? | 0:01:14 | 0:01:16 | |
What has to happen in this case, the
contracts have to be kept going and | 0:01:16 | 0:01:21 | |
supporting the supply | 0:01:21 | 0:01:31 | |
chain and the tens of thousands of
workers, that can be done by the | 0:01:32 | 0:01:35 | |
Government taking lots of this
in-house, or re-tendering in other | 0:01:35 | 0:01:38 | |
cases. The Government can just do a
financial bailout. The shareholders | 0:01:38 | 0:01:39 | |
and creditors, the big banks, had to
take a hit, they cannot just | 0:01:39 | 0:01:41 | |
off-load losses to the taxpayer.
Carillion is a major British company | 0:01:41 | 0:01:44 | |
with hundreds of contracts running
prisons, maintaining hospitals under | 0:01:44 | 0:01:49 | |
MoD facilities, with almost 20,000
employees here and tens of thousands | 0:01:49 | 0:01:53 | |
more dependent on the company.
But it has run up debts of £1.5 | 0:01:53 | 0:01:58 | |
billion, including almost £1 billion
to its banks, whose patience has run | 0:01:58 | 0:02:03 | |
out.
Britain's biggest ever rail | 0:02:03 | 0:02:05 | |
infrastructure | 0:02:05 | 0:02:10 | |
project, high two, starts major
construction this year. Here at | 0:02:15 | 0:02:17 | |
Euston station, Carillion is meant
to build it, but given its mountain | 0:02:17 | 0:02:20 | |
of debt there is a very real chance
that the Government might have to | 0:02:20 | 0:02:23 | |
stop in and give those contracts to
other companies, or simply bail the | 0:02:23 | 0:02:25 | |
company out, with all the moral
hazards that comes with. | 0:02:25 | 0:02:27 | |
The RMT has called on the Government
to provide reassurance for thousands | 0:02:27 | 0:02:32 | |
of workers who could be affected.
Also caught in the crossfire, | 0:02:32 | 0:02:35 | |
hundreds of smaller companies who
carry out subcontracted work on | 0:02:35 | 0:02:39 | |
behalf of Carillion.
Potentially it could be devastating, | 0:02:39 | 0:02:42 | |
many are owed millions by Carillion
and if they do not get those monies, | 0:02:42 | 0:02:46 | |
of course they are at risk as a
business. The other thing is there | 0:02:46 | 0:02:53 | |
will be thousands of jobs,
potentially, lost as a result. | 0:02:53 | 0:02:55 | |
If Carillion cannot be saved are
restricted to, the consultants EY | 0:02:55 | 0:03:02 | |
have been put on notice to take over
as administrators, a precautionary | 0:03:02 | 0:03:05 | |
measure which the Government and
thousands of staff hope will not be | 0:03:05 | 0:03:07 | |
needed. | 0:03:07 | 0:03:08 | |
And Joe Lynam joins me now. | 0:03:08 | 0:03:10 | |
There is an enormous dilemma
here for the Government - | 0:03:10 | 0:03:14 | |
What is it likely to do? There are
loads of meetings behind the scenes, | 0:03:14 | 0:03:18 | |
there were a view on Thursday and I
understand there will be meetings by | 0:03:18 | 0:03:23 | |
officials this weekend. Major
departments are involved, such as | 0:03:23 | 0:03:25 | |
the scale of the problem.
There is transport, the Treasury, | 0:03:25 | 0:03:30 | |
business, justice. It is chaired by
Cabinet Office officials, who have a | 0:03:30 | 0:03:35 | |
new minister, David Lidington. The
Government stresses they have | 0:03:35 | 0:03:38 | |
contingency plans in place which are
robust if the company should need to | 0:03:38 | 0:03:42 | |
go into administration. I have been
told this issue needs to be solved | 0:03:42 | 0:03:46 | |
in a matter of days, not weeks.
Thank you, Joe. | 0:03:46 | 0:03:51 | |
Consumers can no longer be charged
extra simply because they're paying | 0:03:51 | 0:03:53 | |
for something using a card. | 0:03:53 | 0:03:54 | |
From today, it'll be unlawful
to charge credit or debit customers | 0:03:54 | 0:03:57 | |
more than other customers. | 0:03:57 | 0:03:58 | |
Some retailers have already said
they will raise overall prices | 0:03:58 | 0:04:01 | |
in response to the change. | 0:04:01 | 0:04:02 | |
Adina Campbell reports. | 0:04:02 | 0:04:03 | |
They are the small fees
added at the very end | 0:04:03 | 0:04:05 | |
of the buying process. | 0:04:05 | 0:04:06 | |
In percentage terms it
may not be that much, | 0:04:06 | 0:04:08 | |
but these card surcharges add up. | 0:04:08 | 0:04:12 | |
Not any more. | 0:04:12 | 0:04:15 | |
Under new EU rules, retailers
on or offline can no longer charge | 0:04:15 | 0:04:19 | |
customers for paying with a credit
or debit card. | 0:04:19 | 0:04:22 | |
The Treasury says these
surcharges cost consumers | 0:04:22 | 0:04:26 | |
£166 million every year. | 0:04:26 | 0:04:30 | |
But some companies such as concert
venues can still charge | 0:04:30 | 0:04:32 | |
a booking or service fee. | 0:04:32 | 0:04:34 | |
No longer will they be
penalised just for paying | 0:04:34 | 0:04:36 | |
by credit or debit card. | 0:04:36 | 0:04:39 | |
Now with the end of surcharges
you are comparing like for like. | 0:04:39 | 0:04:42 | |
The price you see
is the price you pay. | 0:04:42 | 0:04:44 | |
You don't get a nasty
sting at the end. | 0:04:44 | 0:04:46 | |
But some shoppers are not convinced. | 0:04:46 | 0:04:48 | |
They can do it very sneakily,
can't they, and just hide that 2% | 0:04:48 | 0:04:51 | |
or whatever it's going to be
in the cost of what you're | 0:04:51 | 0:04:54 | |
going to purchase. | 0:04:54 | 0:04:55 | |
I don't see why we should have
to pay that for actually | 0:04:55 | 0:04:58 | |
using a means of payment that's kind
of, you know, | 0:04:58 | 0:05:00 | |
universally acknowledged. | 0:05:00 | 0:05:01 | |
At the end of the day,
they'll end up passing | 0:05:01 | 0:05:04 | |
it onto the consumer,
so it doesn't make that much | 0:05:04 | 0:05:06 | |
difference, to be quite honest. | 0:05:06 | 0:05:07 | |
Traders could feel the effects, too,
because card companies will still | 0:05:07 | 0:05:10 | |
charge for their services,
but can no longer pass | 0:05:10 | 0:05:13 | |
that fee to customers. | 0:05:13 | 0:05:16 | |
Vin runs a group of small businesses
and is also president of | 0:05:16 | 0:05:19 | |
the British Independent Retailers'
Association. | 0:05:19 | 0:05:24 | |
Nearly 63% of our sales
are by credit card and debit card | 0:05:24 | 0:05:26 | |
so it will affect us
in the long-term if rates | 0:05:26 | 0:05:30 | |
and increased rates do go up. | 0:05:30 | 0:05:34 | |
For retailers like this
hardware store, today's ban | 0:05:34 | 0:05:35 | |
throws up several options. | 0:05:35 | 0:05:37 | |
They may decide to suck up
the cost of processing | 0:05:37 | 0:05:39 | |
a debit or credit card. | 0:05:39 | 0:05:40 | |
Alternatively, they could simply put
up their prices or they may decide | 0:05:40 | 0:05:45 | |
to re-brand these fees
as a service charge. | 0:05:45 | 0:05:50 | |
One business that's already been
criticised is the delivery company, | 0:05:50 | 0:05:52 | |
Just Eat, which has said it
will impose a new service | 0:05:52 | 0:05:55 | |
charge for card payments. | 0:05:55 | 0:05:57 | |
There are now calls
for the new changes to be closely | 0:05:57 | 0:06:00 | |
monitored to ensure consumers
are not punished for | 0:06:00 | 0:06:02 | |
paying by plastic. | 0:06:02 | 0:06:04 | |
Adina Campbell, BBC News. | 0:06:04 | 0:06:12 | |
A young male model -
described as an inspiration | 0:06:12 | 0:06:14 | |
to young black men -
has died after being stabbed | 0:06:14 | 0:06:17 | |
in a street in west London. | 0:06:17 | 0:06:18 | |
Harry Uzoka, who was just 25,
was signed to one of the world's top | 0:06:18 | 0:06:22 | |
modelling agencies and had recently
done a photo shoot with GQ Magazine. | 0:06:22 | 0:06:24 | |
Two men, aged 27 and 28, have been
arrested on suspicion of murder. | 0:06:24 | 0:06:30 | |
Dentists have accused the Government
of not doing enough to tackle | 0:06:30 | 0:06:33 | |
tooth decay in England. | 0:06:33 | 0:06:35 | |
New figures indicate
there were nearly 43,000 operations | 0:06:35 | 0:06:37 | |
to remove children's teeth last year
- a 17% increase on four years ago. | 0:06:37 | 0:06:43 | |
The British Dental Association says
England now provides | 0:06:43 | 0:06:45 | |
a second-class service compared
to Scotland and Wales. | 0:06:45 | 0:06:48 | |
Our health correspondent
Dominic Hughes has the story. | 0:06:48 | 0:06:52 | |
Tooth decay in children is
distressing, painful and avoidable. | 0:06:52 | 0:06:57 | |
Dentists say sugary snacks
and drinks are the biggest cause. | 0:06:57 | 0:07:00 | |
British children drink more soft
drinks than anywhere else in Europe. | 0:07:00 | 0:07:04 | |
And the number of multiple
extractions, which have to take | 0:07:04 | 0:07:06 | |
place in hospital under general
anaesthetic, is continuing to grow. | 0:07:06 | 0:07:12 | |
Figures compiled by the Local
Government Association showed | 0:07:12 | 0:07:15 | |
there were nearly 43,000 multiple
tooth extraction is among under 18s | 0:07:15 | 0:07:20 | |
in England last year. | 0:07:20 | 0:07:22 | |
That's around 170 every day
of the working week. | 0:07:22 | 0:07:25 | |
Overall, there's been an increase
of 17% in just four years. | 0:07:25 | 0:07:31 | |
Dentists say children in England
are suffering and are being offered | 0:07:31 | 0:07:33 | |
a second-rate service when compared
to Scotland and Wales. | 0:07:33 | 0:07:40 | |
The Department of Health in England
says the introduction of a tax | 0:07:40 | 0:07:43 | |
on sugary drinks was part
of its plan to reduce | 0:07:43 | 0:07:45 | |
the number of extractions. | 0:07:45 | 0:07:47 | |
We very much welcome the sugar tax,
but we need the Government | 0:07:47 | 0:07:50 | |
to focus on other areas,
for example like price | 0:07:50 | 0:07:52 | |
promotions or those discounts,
and the level of marketing | 0:07:52 | 0:07:54 | |
on unhealthy products. | 0:07:54 | 0:07:57 | |
All those colours and animations
are always enticing children | 0:07:57 | 0:08:00 | |
to prefer those products,
making the job of eating healthy | 0:08:00 | 0:08:02 | |
products and healthier diet much
more difficult for parents. | 0:08:02 | 0:08:07 | |
With proper oral hygiene,
good brushing and avoiding high | 0:08:07 | 0:08:09 | |
sugar snacks and drinks,
thousands of children could be | 0:08:09 | 0:08:13 | |
saved from experiencing
the pain of a rotten tooth. | 0:08:13 | 0:08:16 | |
Dominic Hughes, BBC News. | 0:08:16 | 0:08:21 | |
To rugby union and Premiership
champions Exeter Chiefs | 0:08:21 | 0:08:22 | |
have beaten Montpellier
in the European Champions Cup - | 0:08:22 | 0:08:25 | |
it means a win in their final
pool match will put them | 0:08:25 | 0:08:28 | |
through to the quarter finals. | 0:08:28 | 0:08:34 | |
-- could put them through. | 0:08:34 | 0:08:35 | |
Ulster have also kept their hopes
of progressing on track, | 0:08:35 | 0:08:38 | |
as Adam Wild reports. | 0:08:38 | 0:08:40 | |
Sandy Park is where you find the
cheats, and this was certainly an | 0:08:40 | 0:08:44 | |
occasion for leaders. Top of the
English league, Exeter against | 0:08:44 | 0:08:48 | |
Montpellier, top of the French. They
cross channel challenge with plenty | 0:08:48 | 0:08:52 | |
at stake. Defeat for Exeter would
end European hopes. This first try | 0:08:52 | 0:08:58 | |
keeping them alive. Tense, tied, not
much space, but with Olly Woodburn | 0:08:58 | 0:09:03 | |
on the wing, you don't always
needed. | 0:09:03 | 0:09:06 | |
That was brilliant, his second,
perhaps, even better. This secured | 0:09:06 | 0:09:09 | |
the bonus point which might yet
prove crucial in the fight was | 0:09:09 | 0:09:14 | |
second in their group.
The cheats are back in charge. In | 0:09:14 | 0:09:17 | |
Ulster, a battle to lead pool one,
that is well shall have been for | 0:09:17 | 0:09:21 | |
most of the competition. The French
side once appearing unbeatable, now | 0:09:21 | 0:09:27 | |
seemingly reachable. Tries either
side of half-time and four Ulster | 0:09:27 | 0:09:30 | |
Micro, who now go top with just one
game to go. | 0:09:30 | 0:09:33 | |
Adam wild, BBC News. | 0:09:33 | 0:09:35 | |
There's more throughout the evening
on the BBC News Channel, | 0:09:35 | 0:09:38 | |
we are back with the late
news at 9:15pm. | 0:09:38 | 0:09:41 |