15/08/2013 Newsnight

After the shooting, now the coffins, Egypt counted its dead today, some

600 officially, but the true number may be higher. Egypt's ambassador to

the UN denied it's a massacre. What happened yesterday was

the UN denied it's a massacre. What according to the law. And we ask the

US Government and Senator John McCain how bad things have to get

before they cut military aid. It's unbelievable. You can actually

go through that much money, £1,000 in five, ten minutes. Also, they've

been called the crack cocaine of gambling, so why are these machines

allowed? More of these being built at any time now than for four years,

so is that the housing crisis over then? And, recognise this? You

shouldn't. It's only just been discovered hiding in the an Dean

cloud forests. We talk to the man who winkled it out and debate

Darwinism with a few of its friends. Good evening. Tonight, all seems

quiet in Cairo, the product of an enforced curfew that shouldn't be

mistaken for calm. The official death toll from what looks to many a

massacre has been put at over 600. The Muslim Brotherhood believe to it

be in the thousands. This evening, Egypt's Interior Ministry authorised

the use of deadly force against protesters targeting state

institutions. Earlier, President Obama cancelled military exercises

with Egypt but stopped short of suspending more than a billion

dollars of aid. We'll hear from the US State Department in a moment and

go live to John McCain. First, the events of the day.

An Islamist dream reduced to a events of the day.

smouldering ruin. A day after the killings around the

mosque in Cairo, they've been clearing away all traces of the

Muslim Brotherhood's protest camp, the movement's last symbolic toe

hold in a country ruled for a year until it was deposed six weeks ago.

At the morgue, there was chaos, as families struggled to claim their

dead. TRANSLATION: My son was in a

peaceful sit-in, defending his cause and his vote, defending freedom.

They shot him with a bullet in his heart. The military and the police

station snipers on the rooves of the buildings and shot him in the heart.

525 are now officially said to have been killed yesterday, some members

of the Security Forces, but the vast majority are Muslim Brotherhood

supporters. Today, the police were also burying

their dead. But in grander fashion. The Security Forces are now the real

power in the land, stronger perhaps than they were even in the police

states that were supposedly overthrown in the revolution against

President Mubarak two years ago. Pf It was committed inside prison walls

but were not committed publicly in front of the whole world with them

watching. It's a very, very dangerous phase in Egypt's history.

Today, a Government building in Cairo was set on fire by brotherhood

supporters and the movement expressed fury at the bloodshed

yesterday in a march through the streets of Alexandria. Anger beyond

control. We can't predict what will happen. We will call for peaceful

sit-ins, keep demanding for our rights and our President to come

back who symbolises our democracy. We like to call for the

constitution, but we cannot control everyone. So what will the

Brotherhood, one of the most everyone. So what will the

influential Islamic organisations of these times do now? It was

overthrown after massive protests accused it of using power only in

its own interests, not that of Egypt. Some fear there may be a

return to the repression it suffered in the '50s and again periodically

throughout the following 60 years of dictatorship. The repreingts

convinced one brotherhood thinker that Islamists should use physical

power, as well as peaceful means to change society. The movement's

leaders rejected that view and still reject it, but puts militant groups

such as Al-Qaeda in focus. It was as a result of the torture of

brotherhood members in automatic's prisons, in fact in the same prison

I was held in as a political prisoner, where there was a tortured

person who broke away from the brotherhood idealogy and made the

terrorist theory. What is the danger today? We are back almost to square

one where we have the same emergency law that's been brought in. We've

got almost the perfect motive for the Islamists which is, technically

we won an election and we were ousted so why should we try

democracy again? Islamist violence has already been spreading in the

north of the peninsula in Sinai where a church was burned yesterday

and seven soldiers killed today and something this week's events in

Egypt will convince Islamists worldwide that they can't trust

democracy. That mess edge was heard loud and

clear in Libya, Syria and Yemen -- message. There, there was some kind

of groups operating in the field and I think they are thinking about the

whole idea of the demoralisation, the reintegration would be very

difficult in Yemen and Syria. More so, the elected Islamists in

Tunisia, or even in Turkey, get a lesson that you have to have your

loyalists in the institution. America's long helped subsidise the

Egyptian Army, but President Obama tried to signal that that support

was not unconditional. Our tried to signal that that support

traditional cooperation cannot continue as usual when civilians are

being killed in the streets and rights are being rolled back. As a

result, this morning, we notified the Egyptian government that we are

cancelling our biannual joint military exercise which was

scheduled for next month. Going forward, I've asked the national

security team to assess the implications of the actions taken by

the interim government. But the Security Forces returned to the

streets after the overthrow of the brotherhood and is still supported

by millions in Egypt, even by many of those who condemn the bloodshed

yesterday. I'm more convinced that what happened in June 13 had to

happen and that we were dealing with the Muslim Brotherhood who has no

sense of responsibility towards the nation as a whole. Of course I

condemn the violence that occurred yesterday that led to the death of

hundreds of innocent Egyptians, but there's no way to deny the

responsibility of the Muslim Brotherhood group in inciting its

members over the past 48 days to block major roads in Cairo, to

attack ministries and police stations.

There's little sign yet of compromise on either side in Egypt.

Tonight, violence was continuing on the streets of Alexandria and the

memory of yesterday's bloodshed will inflame the country's politics for

years to come. Tonight, the UN Security Council is holding a

meeting to discuss the situation in Egypt. Earlier, I spoke to the

Egyptian ambassador to the UN, Wafer Bassim and asked her whether

yesterday's events constituted a massacre?

No. I don't accept this statement. Not only as an official of the

Egyptian government, but as an Egyptian citizen, like millions who

are dead in Egypt, what happened yesterday was done according to the

law. After several attempts to break down the sit-ins, that we are sort

of paralysing the lives of millions of Egyptians in Giza and Cairo. You

call this a peaceful break up of protests. It left between 500 and

call this a peaceful break up of 600 dead. That's from all sides.

That is from the north of the country to the south, due to all

violent acts that where the reaction on the part of those who're sitting

in. Do you really believe that? Not many people seem to believe that it

was anything other than the actions of the interim government and their

Security Forces that brought about yesterday's events?

Everybody has seen the gradual trials and attempts to break down

the sit-ins, starting by warnings by microphones showing the sit-ins that

the way to a safe corridor to get out with their own win, with the

promise of not being arrested or harassed, then there were the tear

gas and the water cannons incidents. When they started by shoot shooting

live ammunitions toward the police security, the police had to use

things, but not live munitions. Your minister has instructed the police

to use live mew mission on attacks minister has instructed the police

-- munitions on government buildings. Do you think that's

right? He ordered this after 30 churches have been burned down and

after all the losses of life we are seeing today. He ordered that and to

the restricted possible measure, the use of live ammunitions. Your close

the restricted possible measure, the allie, President Obama, has said

today that Egypt is on a dangerous path. He has, as you know, cancelled

military operations with your country. Does that matter? Of course

it matters. But what matters is not the judgment that he came and others

came out with. What matters for us is the lack of understanding of the

whole situation and of the escalation of a very difficult act

on the part of a certain political current that is using religion to

achieve political aims during the last six weeks at least.

Ambassador Bassim, thank you very much indeed.

I thank you. I spoke to the US State Department

next and asked Maria Harff if she wished America's response had been

stronger when the coup took place on Morsi six weeks ago? We have been

clear from the beginning that we had serious concerns with what the

military did on the 3rd and in every step of the process when we have had

concerns we have raised them publicly and privately and will

continue to do so. It's been said that the US lacked understanding of

the situation. Do you accept that? Not at all. Everybody is clear-eyed

about the situation of the complexity of the situation in

Egypt. We'll remain engaged on the ground working with the different

parties in the groups. What he said is that there are no easy answers

here, but what is in the best interest of the Egyptian people,

even in this complicated situation interest of the Egyptian people,

is to come to the table. You have talked about the issues you are

considering. Can you ex-prawn the case, as things stand, with 500 to

600 people massacred on the streets, for leaving your US military aid in

place? We continue to review all our aid to

Egypt and our national security team will decide in the coming weeks

about whether or not we have to do anything additionally in that

regard. What would it take for you to withdraw that aid then?

I'm not going to put a certain marker on what it would take in

terms of our aid. I'll say that we always said that, we are corning to

review the assistance and the steps the interim government takes will

have an impact on aid going forward. Sure, but a lot of people watching

this would say, if you are not actual actually pulling aid when 600

or more people have been massacred, what would it actually take? And, if

you are going to keep it up, what is it for?

I think everybody's very focussed on aid, but you have seen us take a

couple of steps opt military side, including cancelling this exercise

but also postponing the shipment of F 16s that were scheduled recently,

so we have taken steps and will continue reviewing the aid. Are you

happy to deal with the interim government, is that the message we

should accept from this? We have been clear that we are going to work

with all parties and groups, that obviously includes the interim

government. They are the ones, as obviously includes the interim

the secretary said yesterday that, have a preponderance of power in the

current situation and have a responsibility to not perpetrate

violence against their own citizens. So clearly, they have a great deal

of power here and we'll continue working with them both to push them

to refrain from violence, but also to bring all parties together and

move as quickly as possible towards a democratically elected Government.

As they publicly said they are willing to do. Bluntly, the message

this is sending out to the Islamic world, to small, moderate parties

all over, is, don't bother getting elected or going through the

democratic process, because if that's overturned, tough luck? .

Nobody a naive. Nobody thinks transitioning to democracy after

decades of autocratic rule is easy. That's why we need to remain engaged

with the interim government, with the Muslim Brotherhood, with all

sides to help them get back to a place that's on a path towards

democracy. Thank you very much. Senator John McCain stood against

President Obama in the 2008 Presidential election and is a

member of the senate Foreign Affairs relations committee. Thank you for

joining us here on Newsnight. Do you wish America had come in earlier on

this one? Oh, I wish that when it was clear

that the military coup had violated the United States law, that we had

enforced the law. We were asking the Egyptians to have a constitution and

observe the rule of law and we are not observing the rule of law. The

law's very clear that if there's a coup, aid is cut off and we decided

nolet to do that. So yes, I wish we'd weighed in much earlier and I

wish that the Secretary of State on August 1st congratulated the

generals for fostering democracy. I wish that we'd been unequivocal

about the use of force and, as you already mentioned, as I was

listening to the programme, I mean, hundreds of people have been

massacred and the Muslim Brotherhood is going to go underground. Many of

us predicted that unless they met members of the Muslim Brotherhood

out of jail, unless they started a dialogue of conciliation and the

Muslim Brotherhood condemned violence, that this was going to

happen and it's a great tragedy. The United States is basically an

observer when there are actions that we can take in order to pressure

them to stop this kind of violence that continues.

So just to clarify, you think that the message this sends sought that

Islamists worldwide will now see that they cannot trust democracy and

they will go underground to create whatever power thaept -- sends out

the message? It also sends out the message that the United States is

not going to enforce its own laws, it's not going to keep its

commitment or, in one case, a threat, in other words it's well

known now that the administration called in the Egyptians and said, if

you have a coup, we will be forced to cut off aid because it's the law.

They had the coup and we didn't cut off aid. So America's credibility is

at stake here. What should happen now to that

budget? It's £1.3 billion, what would you like to see happen?

It's a coup. We should obviously cut it off and we should say what we

want to happen in Egypt and, by the way, I know, and you do too, that

the Gulf states and Saudis has brought in £14 billion. That's in

tourism, business, and a whole broad brought in £14 billion. That's in

variety of things that the Egyptians need the US's help and support on,

including negotiations of an IMF loan. Do you think there is any

realistic chance that the Obama administration will do that now?

What do you think will happen when they say everything's on the table?

I don't know because I'm confused and befuddled that we were not

enforcing our own laws, we ask them to enforce laws and praise them for

the generals for moving forward with democracy and sit by and watch

people massacred by the hundreds. That sends a message of tolerance,

of brutality, of in-of-Equitablive American leadership and, as you

said, to the Muslim world, that the United States of America at least

condones this kind of behaviour which is not in America's values and

our values are our interests. I guess the unspoken thing behind this

though and the real concern is that if that aid goes, whatever deal has

been struck between Egypt and America over Israel goes too. Would

you risk that? I think we have to and, by the way,

the main reason why Egypt and Israel and Egypt's not start add conflict

is because they know they'd lose. I value the camp dayed individual

agreements, but I value more the respect for human life and the rule

of law and that the United States of America cannot sit by and watch an

overthrow of an elected Government -- Camp David. I would remind you

that elections were scheduled for November. Yes.So there were other

ways, democratic ways that Morsi could have been removed from power

because he abused it. Thank you very much indeed.

Thank you. They've been called the crack

cocaine of gambling, most people have never heard of them, fixed odds

betting terminals. Fruit machines on Viagra, a licence for use in casinos

and betting offices intros deuced in 2001 when Gordon Brown abolished --

introduced in 2001 when Gordon Brown abolished the rules. Once TfL

roulette for the rich. Now there's roulette at the bookies,

computerised. It's called the crack cocaine of gambling. Welcome to the

world of fixed odds terminals, designed to remove £1.5 billion out

of the pockets of people here and put it into the pockets of the

bookmakers. Welcome to Rochdale, one of the poorest towns in Britain

where they spend £72 million a year on gambling and where half the money

made by bookies is made on these. The touch screen machine, maximum

bet £100 a time, time between bets 20 seconds. You can lose £1,000 in

just a few monies. James Ptherick did. I started to

lose, £20 wasn't an issue, I started to chase it with £40 and before I

knew it, £60 was in, £80 was in and it got to the point I was not able

to hide the fact that money had gone missing and I'd lie and say that I'd

lost it or hadn't got paid properly. What did it do to your life? The

fixed odds betting terminals have destroyed my life. He's lost jobs,

his home, a relationship. He's kicked the habit now, but thinks the

whole system is designed to fuel addiction. These machines have

changed the gambling habits of the normal punter. Instead of doing a £2

bet, they are now sticking hundreds, thousands into these machines in a

matter of minutes. I've done the same. I've lost hundreds of

thousands of pounds in these same. I've lost hundreds of

machines over the last ten years. What about the days you win? I've

never won that much. What do you do with the winnings? If I win £600,

£1,000, £800 out of one shop, I go to the next shop. Fixed odds betting

terminals offer the same high thrills and risks as roulette,

though the maximum stake is £100, the maximum pay you is just £00. The

yield from FOBTs is £1.5 billion, which is now more than they make on

the horses. The British gaming prevalence survey found the average

FOBT gavel Butler spends £1200 a year, compared to £430 a year who

stick to the horses and the pen. Every form of gambling since about

1987, has been described as a crack cocaine gamble by somebody, scratch

cards, online in particular, different types of fruit machine

from all over the world, most of which have nothing in common with

each other. It's a catch used by people campaigning against gambling

to make whatever particular gambling people campaigning against gambling

product they are after seem more sinister. There isn't any real

evidence of the fixed odds betting terminals being particularly

addictive or pernicious. Hi, I'm James and this is the first of my

video diaries regarding my compulsory dam bling addiction.

James recorded his problem on YouTube. While we were filming in

Rochdale, James was recognised by a punter in the bookies from his

YouTube channel and they swapped experiences. How's Rochdale dog at

the moment in terms of economy? Very, very bad. The only kind of

shops that we've got, they're Pound shops, estate agents, mobile phone

shops and bookies. They've got the screens, the racing and the

football, but all people are interested in, they've got four

fixed odds betting terminals and jobless people crowd around them,

they'll be playing on them trying to - they have promotions where you get

a loyalty card as if you were going for your Morrison's or Tesco points.

a loyalty card as if you were going How do you feel about the speed,

a loyalty card as if you were going because you can spin every 20

seconds? You can put £13.75 on one number. You lose your £100. If you

have had three or four losing spots and you are upping your stake, the

amount of money you can go through in such a short time. So you can bet

every 20 seconds, you don't get time to think about cashing out? It

should be increased. There is should be a cooling off where you can only

spin every two minutes. So in Rochdale, the betting shops are one

of the few boom industries. So it's a typical British high

of the few boom industries. street really, Betfred here, Paddy

Power over there and William hill around the corner. I've been in each

one and there are four terminals and it's fair to say there is a fair old

crowd around the terminals. Each that sheep yields on average £45,000

per year to the bookie. That's a lot of money.

Money that does create jobs in bookies, but creates a whole lot of

heartache as well. Paul Mason there. Joining me now

from the home of gambling in Las Vegas is Derek Webb who invented a

poker game now widely used in betting shops but who campaigns

against them. Also, the member of the British gamblers association.

Derek, describe what it sounds like and feels like to see your games now

on machines that they describe as crack cocaine? Well, the poker game

on the that sheep is not really what the story is about. Over 90% of the

action on the machine is roulette and that's the addictive content.

But it does concern me, of course, that a game that I helped to create,

is winning money from play players several times faster than they would

be losing their money if they were playing in a casino. The real issue

is the roulette. That's the most addictive content where the players

are losing the money and the machines are allowed to play up to

£100 maximum. There's no other country in the world that allows

casino machines in betting shops up to £100 bets every 20 seconds.

Ireland's just refused to allow them and the betting shops are still

viable in Ireland. There's no other machines in Britain that you can bet

viable in Ireland. There's no other above £2. This is an anomaly. It

should never have been allowed. As you pointed out, it was the tax

change that enabled them. Let me put this to Derk then that. Was pretty

blunt. There is no other country in the world that allows them. Doesn't

that spell it out to you? No, because it's not true. There are

lots of countries in the world with no limits on stakes and prizes

whatsoever. In Las Vegas, where Mr Webb is at the moment, I can put

$500 on a stake two to three seconds it takes for that spin to go around.

We have a 20-second spin and the customers take about 30-40 seconds

We have a 20-second spin and the before they load up. Do you want to

come back on that point that the facts are wrong? My facts are not

wrong at all. The people who visit Las Vegas, they fly here, they drive

here, stay in hotels, spend a lot of money on shows, restaurants,

shopping, it's a totally different demographic. The demographic is

typical, it's the Rochdale demographic. But that's a slightly

different point you are making, isn't it? The demographic of the

player is very relevant and the idea of high street access to gambling

compared to resort access to gambling is totally two different

aspects. Obviously I don't agree. At the end of the day, I have to pick

up Mr Webb on the addiction point. Three things to say - one is that

there is no qant final evidence at all that problem gambling is caused

by electronic gaming machines -- quantifiable. Commissioned research

from the Gambling Commission. They see problem gamblers will bet on a

variety of gambling products. You heard what happens on the ground, as

Paul described, first thing in the morning, the people there are often

jobless, the people who maybe aren't working, disenfranchised looking for

the cheap way to get started and they never leave them? I don't think

that's indicative of our customer base. We have eight million

customers and the vast majority bet safely and responsibly. Why have

those who choose to have themselves excluded from the shops to stop them

going in them, do half of them then breach that self-exclusion because

they are so addicted on the machines? Again, to say that it's

addictive is... So they self-exclude and choose to walk back in? There is

a variety of gambling things, poker, betting machine shops, but the caps

on stakes and prizes doesn't work anywhere else. They tried it in

Norway, problem gambling went up. Hard mitigation measures in the

shops work, where staff help customers to gamble safely. The cap

doesn't work? That's total falsehood. In

Australia, they are talking about reducing dam gambling to one dollar

maximum on the local access machines. Hasn't been implemented.

Well, it should be implemented and there are a lot of politicians

supporting that and there's more than adequate evidence of problem

gambling so don't keep still hiding the evidence. It does seem odd. If

Ireland is on the verge of banning them... They are only banned in

shops in Ireland. What will make a difference is what we are trying to

do and we are putting out a code of conduct which will be launched soon.

Absolute nonsense. It will be about choice. Code of conduct for the

customers for those who have the machines? The operators of the

machines, we are putting on limits and reminders. Why is that nonsense?

None of this works. They had a code of conduct when the machines were

legal prior to the 2005 Gambling Act, they introduced the code of

conduct then, got around some of the code of conduct provisions and they

are going to do the same thing all over. It's smoke and mirrors,

totally. The Government can reduce this £100 to £2 today. They need to

do that. All right. There could be a moral argument that you are making,

but Ben you look at the money this is bringing in, £45,000 a year for

the machines in what are depressed high streets, you have got to say

nobody's going to give them up, right?

The machines can reduce the stake to £2, there 'll be some increase in

action on the machines at that level. There 'll be some increase at

the counter play. They're less harmful forms of gambling, there's

be reductions in problem gambling. Every year, there's a million people

who either turn 18 or come into the country who... Why wouldn't you

choose to be the good guys in this? You can see how much fear is create

bid the machines in the way other countries are treating them. Why

wouldn't you choose to have the upper ground and say, we can have a

better image for it, rather than waiting for it to be band? It's

about image. Because you don't believe they are having any negative

social effect... I don't say that at all. You agree with that then?There

is some social concern. And you don't care? One problem gambler is

one too many. That That's terrible for you to say

that. -zblf thank you both very much indeed. For the first time in four

years, the number of new homes being built in England has risen.

Evidence, the Government says, that it's on the right track in tackling

the housing shortage. How much credit, if any, is due to Help to

Buy? Luisa Baldini's been to Lancashire and Heathrow to find out.

Official figures show house prices are rising across the country. House

prices rise at the fastest rate for seven years. Ministers claim the

market's turned a corner. London - in a world of its own,

seemingly immune to the vagueries of the rest of the property market.

But recovery's being seen beyond the capital.

Low interest rates and schemes like Help to Buy mean home ownerships

more achievable than it's been for years.

For those who felt trapped in the rental sector, living with mum or

dad or who've wanted to up size but haven't been able to because of the

big deposits lenders have required since the credit crunch then Help to

Buy will be seen as a knight in shining armour. But there are fears

it will distort house prices, creating a similar situation to that

just before the credit crunch and that the Government guaranteeing

mortgages will leave the taxpayer liable.

There are also criticisms that Help liable.

to Buy doesn't address a fundamental problem that not enough homes are

being built. New figures release today for

England show that the number of new homes being built rose by 6% in the

three months to June. Housing starts are now 73% above the trough in

2009, but that's who % lower than it was before the recession. Critics

warn the number of new homes being built are still far smaller than the

250,000 or so needed. built are still far smaller than the

On the former site of Heathrow's air traffic control in west Drayton, 750

now home homes are being built on former Ministry of Defence land.

There is community facilities in this building that includes doctor

surgeries, some retail, some shops... Bob Weston, the founder and

chairman says 20 of the 180 homes he's built here have sold through

Help to Buy. He says there's still more that

Government could do to help boost supply.

We need a real concerted effort to reduce the red tape. It's quite

common now that we spend a year getting a planning consent. When we

get that consent, there can be upwardly 70 conditions that have to

be discharged independently before we can even commence the

development. The Government has tried to address

stagnation in the housing market with schemes like Help to Buy, the

first part launched in April loan equity, is for firstving time and

existing buyers, but not for buy to let purchases. A deposit of just 5%

is needed for a new build of up tond 3600. The Government lends a loan

meaning they need to secure a 75% mortgage. The Government says the

schemes are hit with sthouz reservations so far.

Although Cambridgeshire's had a reservations so far.

significant number of new housing developments, Help to Buy is not an

option for 26-year-old Catherine Kidd who lives in a houseshare.

She earns £33,000 as a marketing manager at a software company, but

her outgoings means she can't save enough for a 5% deposit. There are

more properties being built, but my situation is there are a lot of

people coming into the City. As a result, house prices remain really

people coming into the City. As a high despite the amount of building

they are doing. There are wide regional variations

when it comes to the property market. In the north-west and

somewhere like Accrington in Lancashire, reports of rising house

prices are met with blank looks. Prices did recover here after the

recession, but anecdotally, they have not risen further. The average

price of a terraced house here is about £80,000.

I've spoken to four estate agents here in Accrington who say that

prices are static. However, they do all report an increase in activity,

though given that most of the properties here are not new builds,

that's not been through Help to Buy. Lancashire has the highest

proportion of empty homes in England. In Accrington, terraces

which used to house cotton mill workers now lie derelict. Street

after street was due to be demolished until a development

company spotted an opportunity to provide an alternative option and a

model for the future. They're investing £6 million to refurbish

homes for the private rental sector. Our objectives are to create a mix

of two, three and four bedroomed family houses for working families

who find themselves trapped in the gap between home ownership and

social housing. The founder of the company welcomes Government input

when it comes to housing strategy, but is worried about long-term

stability. My concern with some of the

Government initiatives are the potential inflationary impacts of

those initiatives because of the relatively short time scales within

which ministers want to see the initiatives delivered. For example,

this project is being partly funded through a loan from the Homes and

Communities Agency. Without that support, we wouldn't have been able

to deliver the project. The loan comes with certain conditions around

time scales and so on, which if you aggregate into a national level, has

the potential to create potential inflationary effects upon the supply

chain, the cost of raw materials too, which ultimately can damage the

profitability and viability of developments such as this. From

January, Help to Buy will be offering a mortgage guarantee scheme

to purchase old homes, as well as new, with a deposit of between

5-20%, buyers will be able to secure a repayment mortgage for the

remainder, part of which the Government will guarantee to the

lender. It's this part of the scheme which will provide £130 billion

worth of mortgages that's causing alarm with comparisons to the

subprime market in the US. Businesses are looking for

reassurance about the scheme and Government's going to have the tread

carefully when designing it to make sure it really focuses on those who

most need it and that it has a suitable exit strategy so business

is clear when the scheme will come to an end, so that it doesn't go on

for ever. We also might need to think about traditioners by which

the scheme may taper off earlier than necessary if the market picks

up so we can ensure it doesn't lead to a house price boom. So which one

up so we can ensure it doesn't lead is yours? Plot 37 on the end here.

It's a three-bedroomed semi detached with an integrated Gar Raj. For

D'Alicia and Daryl, Help to Buy's meant they can put down root roots

while they make plans to marry next year. They are in their 20s and have

been living with D'Alicia's parents. They saw the option of renting as

dead money. We wanted to own our own property, so we have been saving.

We've had to save up for the 10%, that would have taken us longer. You

We've had to save up for the 10%, want your own place, but you still

want to afford to have your luxuries like go on holiday and get married,

stuff like that. We didn't want to have to spend every last penny on a

house that we couldn't afford to pay 10% on.

Our economy needs new homings. D'Alicia and Daryl are one of the

estimated 220,000 new households formed every year.

Given today's building figures, s discrepancy of 110,000 homes. While

that short fall prevails, cheaper mortgages and low interest rates are

reviving memories and concerns of the previous boom.

The difference is, if there's another crash, taxpayers' money is

at stake too. Now, a rare new species of mammal's

just been discovered and, to clarify, it's not just the same as

before, but with a beard. It's two feet long and looks like a cross

between a cat and teddy bear. They've been found in the forest of

Ecuador and Colombia. Christopher Helgin, this is extraordinary, how

did you find it? I first got on the trail of the olangito by finding

specimens in the largest museums. I found skips and skulls that didn't

match any known animal. They'd been confused with other mammals,

especially one called an olingo. I could see in the skips and skulls

that they were quite a different animal. So you put this together

before you saw nit the flesh? That's exactly right. Close up,

they're charming animals. They weigh about a kilo. They are about

two-and-a-half feet long and they have long, soft fur and a beautiful

rounded face. They are very, very handsome, charming animals and

completely overlooked by all zoologists until today. How unusual

is it to suddenly find a mall national? We think we have it

covered? We talk about extinction, but rarely talk about new

discoveries? It does happen. New mammal species are still being

discovered. There are plenty of areas still left to explore. Plenty

of the world we still want to know a lot more about. But, it's very

unusual that a new mammal turns up in this part of the mammal family

tree. The olangito is a member of the racoon family. This is part of

the tree of life that includes dog, cat and bear family et cetera. The

olangito coming as a new species is extremely unusual. When you discover

them, do you want to try and encourage their habitats in a lot of

different places or do you leave them be and write it in the science

books? We didn't want to leave things be.

We've spent many years working on this project, in part so that we

could today report as much as we could about olangitos and their

behaviour and life and habitats they live in. We have learned that they

are special Tories a particular kind of habitat in the northern Andes

called cloud forest, high elevation forests in Colombia and Ecuador. We

don't think that the olangito is going to be extinct, but there are

threats to its survival. Well, it's fantastic to talk to you,

I can imagine a whole series of little cuddly toy toys olangito

shaped, but for now thank you for joining us. I'm going to take you

through The Times and some of the front-pages we have got. Cameron

targets migrant benefits in E Rich reform talks, says Downing Street

targets migrant benefits in E Rich will put curbing the right of EU

benefit tos the heart of pending discussions with Brussels. Tougher

A-levels pass the grade and it has the picture of the stuntman who you

may have seen, the star of 2012, the Olympic Opening Ceremony of course

when he made that dramatic entrance along with the Queen. He's hurtled

to his death at 155mph, a stunt in the Swiss alps. That is the Daily

Telegraph. In The Guardian, university's £1 billion bid for

students. Elitist institutions are competing for fees and successful

candidates can trade up so they are now in an intense competition to

recruit students. We know that the UCAS centre took some 70,000 calls,

an extraordinary number of calls coming through and students were

trying to find their places. In the Independent, it has this horrifying

picture of the scene of what they are calling now the massacre of

Cairo. . The bodies in white shrouds waiting to be identified from the

makeshift morgues. And the Financial Times sell off as

markets expect early Fed move. Expectations of slow start to the

economy. That's all tonight. We leave you

with more mammals. Good night.