05/08/2016 Reporting Scotland


05/08/2016

The latest news and weather from around Scotland.


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The Royal Bank of Scotland lost ?2 billion in the first half of this

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year and it's warning that economic slowdown is making its

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The majority of shares in the Edinburgh-based lender

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are owned by the UK Government and the share price fell today

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It's now nearly eight years since RBS -

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and other British banks - had to be bailed out.

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Here's our business and economy editor, Douglas Fraser.

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The core bit of the Royal Bank of Scotland is functioning

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The boss says it's the fastest growing bank in Britain,

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But - and it's a big but - it's got some big bills to pay.

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It had to find more than ?1 billion to pay fees

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It's had to pay ?1.3 billion for mis-selling - including a lot

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more for payment protection insurance, or PPI -

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and to cover the likely cost of going to trial with former

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And that means in the last six months the bank has

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Investors claim former chief executive Fred Goodwin misled them

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when he persuaded them to pour ?12 billion into a so-called rights

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His successor's still clearing up the mess.

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Each quarter it makes ?1 billion of profit

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And year-on-year we get hit by legacy issues.

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For example, this time, 400 million of PPI.

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We are looking at a 2008 rights issue,

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of when we issued capital into the market and

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people are saying it was

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The aim was to be fully recovered three years from now -

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but that looks ambitious given the uncertainty about Britain's

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economic future as it prepares to leave the European Union.

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RBS says big corporate clients are delaying investment decisions,

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And if wider economic growth does slow down, as expected,

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it's going to to be harder for RBS to hit its targets,

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meaning yet more cost-cutting would be likely.

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Four candidates have put their name forward to replace Stewart Hosie

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They include the party's Westminster leader Angus Robertson

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MP Tommy Sheppard and senior Inverclyde councillor Chris McEleny

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Party members will vote next month, with the winner announced at the SNP

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The Olympic Games in Rio start in about an hour and a half,

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when the opening ceremony gets underway.

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Scotland's Andy Murray will lead Team GB out as the flag bearer.

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Our reporter Jane Lewis is outside the stadium.

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Yes, not long to go. It looks amazing, doesn't it? The famous

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football stadium, the Maracana already to go behind me to oppose

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the opening ceremony of these Rio Olympics. Quite a bizarre

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atmosphere. Plenty of people milling about on the streets behind me but

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not many cars moving about. We heard about those talks of road test

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taking place potentially because some people were unhappy about the

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cost of these Olympics. We understand they have been taking

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place but away from this vicinity and that is because there is a huge

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security presence here. Lots of military and police personnel

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surrounding the streets. A bizarre atmosphere but there is something

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happening behind me. You can tell that. In terms of the opening

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ceremony, it is surrounded in secrecy, we do not know what to

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expect but from the rehearsals we have seen over the past few days we

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can expect plenty of colour, plenty of reflection of the Rio character,

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if you bite. Lots of colour and noise. After the show takes centre

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stage, the athletes will come on and will be introduced to the crowd.

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What an amazing and huge night for Scotland's Andy Murray, he is the

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flag bearer for Team GB. He will beat out a team of approximately 70

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athletes, perhaps a surprise to some, that is because the swimmers

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and roars are in action tomorrow morning and will be tucked up in

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bed, so not everyone will be present. Who will like the Olympic

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flame? Pele has ruled himself out. We will find out later. But at that

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beautiful stadium behind me, ready to go.

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You enjoy yourself! Edinburgh's International Festival

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and Fringe are underway. The two festivals -

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now in their 69th year - are together staging thousands

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of shows over the next three weeks. Our arts correspondent

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Pauline McLean reports. You don't need a theatre,

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just a corner of Edinburgh Welcome to Venue 91,

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one of most 300 across the city, where students from Bristol

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are telling one of the many stories We need to keep the balance

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of the boat. If those people start moving,

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or doing something, it can collapse. In my heart, it feels I need

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to tell the story. Coming to the biggest arts festival,

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where people are open to engaging with theatre and staff

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is very important. I thought, if I am going to do it,

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I might as well go all out. Six eyes, three nose,

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half a dozen thighs and 30 toes... The open access nature of the Fringe

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means that anything goes, For most stand-up comics,

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the year's biggest news - the EU referendum -

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was I wish I had a passion for cheese

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because I think it It would be a lot more fun to do

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an hour of comedy But I write jokes about things

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that interest me. What interests me,

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unfortunately, is politics. It's not surprising to find

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politics being discussed, since both the International

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Festival and Fringe began in 1947, as a way of uniting Europe

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after the Second World War. After the summer we've had, people

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are talking about our relationship Where better to have that

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conversation than in a city where you will have people

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from every nation looking at shows which provoke discussion, and just

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having fun together as well? So the initial intention of

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the festival was to reunite Europe at the end of the Second World War,

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and so, to a degree, not in such tragic circumstances, I

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think we are revisiting those ideas. For the next three weeks,

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everyone is talking and singing and dancing in any available space

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across the city. Rangers want an urgent meeting

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with the Scottish FA and the author of a report into the crowd disorder

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at last season's Scottish Cup Rangers claim there are inaccuracies

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in the independent review on the sequence of events,

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but aren't saying what they are. The report's recommendations include

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making it a statutory offence to go onto the pitch

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without lawful authority. Let's get the weekend weather

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forecast now with Kawser. Thank you, Sally, good evening to

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all of you. We ended today with some sunny spells scattered showers. They

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are around at the moment but as they go through the night, they will ease

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and it becomes dry. Some lovely pictures of sunsets. Overnight

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tonight some long clear spells developing. It will turn chilly,

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especially for rural and sheltered spots, perhaps down to three or 4

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degrees. Tomorrow morning, there will be plenty of sunshine. Largely

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dry as well, one or two showers for the North weather will be more in

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the way cloud around. At nine o'clock tomorrow morning, a good

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deal of sunshine around the South of Scotland and the central Belt. 15,

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16 degrees. Driver the Edinburgh Festival and also for the festival

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in Glasgow. Inverness begins dry, it should be dry for the belladonna

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festival, rain later in the day. Sunshine for much of the country.

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Across the UK, plenty of sun. More card for the North West in the

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afternoon. Outbreaks of rain will arrive courtesy of low pressure.

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Temperature-wise we are into the low 20s across Southern parts of

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England. For Scotland, looking at 21 degrees. This area of low pressure

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will arrive later on tomorrow evening and with that, some

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strengthening southerly winds. The Met Office are concerned, they are

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unseasonable and we could expect gusts of 50 mph or 60 mph,

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especially overnight on Saturday and on Sunday morning. This could cause

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some restrictions on the bridges and some travel disruption as well.

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These black symbols represent the gusts, strong winds up to 40 or 50

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mph widely. It looks like the bulk of the mine will be to the South.

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Driver the South. Our next update is at ten past

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six tomorrow evening. But, from everyone on the late team

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here in Glasgow and around

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