Browse content similar to 06/07/2014. Check below for episodes and series from the same categories and more!
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The North Sea needs a new tax and regulation regime, | :00:14. | :00:16. | |
An independent commission set up by the Scottish Government is | :00:17. | :00:21. | |
recommending "fundamental change" to encourage new investment | :00:22. | :00:23. | |
The commission is working on the basis that around 24 billion barrels | :00:24. | :00:40. | |
of North Sea oil remain to be extracted. They see that as a major | :00:41. | :00:46. | |
opportunity, but they warned the UK continental shelf is not as | :00:47. | :00:49. | |
attractive and investment as it once was. We are at a tipping point and | :00:50. | :00:54. | |
there are parts of the tax regime which would be appropriate going | :00:55. | :00:59. | |
forward with some changes. But there are other parts where every are | :01:00. | :01:04. | |
going to target accessing the more difficult oil, more expensive oil, | :01:05. | :01:08. | |
we will have to modify and upgrade the tax regime. The Scottish | :01:09. | :01:12. | |
Government has welcomed the report and has promised a stable tax regime | :01:13. | :01:17. | |
in Scotland becomes independent. If you invest several billion dollars, | :01:18. | :01:22. | |
you want to know that you're not going to be hit with southern tax | :01:23. | :01:26. | |
raises. The tax regime in the UK has been characterised by a series of | :01:27. | :01:34. | |
unheralded tax hikes, most recently from Danny Alexander in 2011, prop | :01:35. | :01:41. | |
forward without any consultation. -- brought forward. That was a | :01:42. | :01:44. | |
disaster. Opponents of independents say the best way to ensure | :01:45. | :01:49. | |
stability, and meaty decommissioning costs, is within a larger economy. | :01:50. | :01:55. | |
The strength of the UK means you can get the tax breaks necessary to get | :01:56. | :01:59. | |
the oil out and critically, the UK Government has already agreed to | :02:00. | :02:01. | |
meet half the costs of decommissioning, a massive bill of | :02:02. | :02:06. | |
about ?30 million. The strength of the UK I would argue makes it far | :02:07. | :02:10. | |
more likely and more possible that we can get the oil that is still out | :02:11. | :02:17. | |
there. The industry body described the report as constructive and | :02:18. | :02:18. | |
intelligent. Police have named a canoeist | :02:19. | :02:21. | |
who went missing after his boat 29-year-old Darren Gilpin | :02:22. | :02:24. | |
from Edinburgh was in a boat with a companion in | :02:25. | :02:27. | |
the Killin area when it capsized. His companion made it to | :02:28. | :02:30. | |
the shore and raised the alarm. Officers are continuing to patrol | :02:31. | :02:33. | |
the shoreline. Team Scotland's competitors have had | :02:34. | :02:36. | |
the chance to try on their new Combining tartan with | :02:37. | :02:39. | |
a caramel-coloured hue and a blue shirt, they're set to | :02:40. | :02:44. | |
make a real statement. Walking in style, there will be no | :02:45. | :02:57. | |
mistaking Team Scotland when they parade round Celtic Park at the | :02:58. | :03:04. | |
opening ceremony. Designed by Jill Blackwood, the uniforms are designed | :03:05. | :03:08. | |
to make an impact and give a contemporary twist on the | :03:09. | :03:13. | |
traditional tartan. The kilt undershirt severally, it is | :03:14. | :03:18. | |
certainly I opening, but together, it works together. The Chiswell. It | :03:19. | :03:26. | |
is different, but it is there to make a statement. In previous Games, | :03:27. | :03:35. | |
the girls were the man's outfit. So, this time, we are actually in our | :03:36. | :03:44. | |
own outfit. The leisure and competition range cuts a more | :03:45. | :03:48. | |
conventional look, there are no -- and now that more than 300 athletes | :03:49. | :03:52. | |
are kitted out, the Games seems that little bit more real. | :03:53. | :03:55. | |
And continuing the build-up to the Games, hundreds of well-wishers | :03:56. | :03:57. | |
lined the streets of towns and villages in the Stirling area | :03:58. | :04:00. | |
More than 80 baton-bearers carried the baton through towns | :04:01. | :04:04. | |
and villages including Aberfolye, Bannockburn and Stirling itself. | :04:05. | :04:06. | |
One of today's bearers in Aberfolye was selected in recognition | :04:07. | :04:08. | |
of his perseverance following a personal disaster. | :04:09. | :04:14. | |
I was hit by a car just over three years ago, which amputated the lower | :04:15. | :04:21. | |
part of my right leg. Since then, I had got back to doing all the sports | :04:22. | :04:29. | |
I did before. And everyone thinks I am a very inspirational person for | :04:30. | :04:32. | |
showing what I can still do rather than giving up. I take part in a lot | :04:33. | :04:39. | |
of volunteering, I help with disabled charities. Just to show | :04:40. | :04:43. | |
people what they can still do after such a traumatic event, rather than | :04:44. | :04:47. | |
what we cannot do. And there is live streaming of the relay on the BBC | :04:48. | :04:49. | |
website. Time for the weather outlook | :04:50. | :04:50. | |
for tonight and tomorrow. It has been a beautiful day for many | :04:51. | :05:04. | |
of us. But we have also been plagued by a few showers through the day. | :05:05. | :05:10. | |
The showers may fade later, so dry night, just a few lingering along | :05:11. | :05:13. | |
the West Coast. Tonight, temperatures dropping to seven or | :05:14. | :05:19. | |
eight Celsius. Tomorrow, we are doing it all over again, more in the | :05:20. | :05:22. | |
way of sunshine and showers once again. Starting off with showers | :05:23. | :05:27. | |
along the West Coast, but most of us starting dry, then some sunshine. | :05:28. | :05:31. | |
The showers gradually making inroads across much of the mainland into the | :05:32. | :05:35. | |
afternoon. Some of them heavy, perhaps fundraiser. In between, some | :05:36. | :05:42. | |
good spells of sunshine. -- perhaps thundery. Temperatures around 17 or | :05:43. | :05:52. | |
18. There is more news and weather online. Our next bulletin is at | :05:53. | :05:57. | |
10.45. Until then, have a good night. | :05:58. | :06:00. |