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