22/01/2016

:00:07. > :00:16.Stock markets in London rose yesterday, after a week

:00:17. > :00:19.in which billions of pounds were wiped off the value of shares

:00:20. > :00:23.Why are the financial markets so worried

:00:24. > :00:29.One in six rented homes in England is failing to meet basic standards.

:00:30. > :01:46.Now the Government promises more money to tackle rogue landlords.

:01:47. > :01:48.Also ahead: Europe's migration crisis is putting the European Union

:01:49. > :01:51.at grave risk - that's the warning from the Prime Minister of France,

:01:52. > :01:54.Speaking to the BBC at the World Economic Forum

:01:55. > :01:57.in Davos, Mr Valls said Europe could not take in all the migrants

:01:58. > :01:59.and refugees who wanted to settle in Europe.

:02:00. > :02:02.We'll bring you more detail on that story a little later.

:02:03. > :02:05.As ever, we're really keen to hear from you throughout the programme.

:02:06. > :02:07.Texts will be charged at the standard network rate.

:02:08. > :02:10.And of course you can watch the programme online wherever

:02:11. > :02:12.you are - via the bbc news app or our website bbc.co.uk/victoria.

:02:13. > :02:15.It's been a rollercoaster of a week on the financial markets -

:02:16. > :02:17.and that rollercoaster has mostly been heading downhill.

:02:18. > :02:20.The FTSE 100 is the market which tracks the value of Britain's

:02:21. > :02:24.It closed up 1.7% yesterday but there was a big drop

:02:25. > :02:27.The FTSE 100 has lost 20% of its value since its record

:02:28. > :02:30.That's a loss of around ?396 billion, which,

:02:31. > :02:33.if you divided that by the population of the UK,

:02:34. > :02:35.is equivalent to a loss of ?6,000 per person.

:02:36. > :02:39.The way the markets perform is a real indication of how

:02:40. > :02:40.confident people are feeling with the economy.

:02:41. > :02:43.And it seems those markets have got the jitters.

:02:44. > :02:46.But is it all doom and gloom and how does it affect you?

:02:47. > :02:56.It has been hard to miss the gloomy headlines all week.

:02:57. > :02:59.To some, it feels like the whole world economy is going to hell

:03:00. > :03:03.The FTSE 100, the value of our biggest companies,

:03:04. > :03:14.In banker speak that means we are in a bear market.

:03:15. > :03:19.The problem with the markets right now is there is a lot

:03:20. > :03:23.If we continue to get these market jolts, it will begin

:03:24. > :03:33.It has been the economic success story of the decade,

:03:34. > :03:36.building so fast that it has used more cement in three years

:03:37. > :03:38.than the US has in the whole century.

:03:39. > :03:41.But that growth is now slowing down and it means less demand for British

:03:42. > :03:44.exporters and more worries about the amount British banks have

:03:45. > :03:52.This is where it gets a bit more complicated.

:03:53. > :03:56.Other data seems to show the British economy is doing quite nicely

:03:57. > :04:00.Unemployment is now at its lowest level in a decade.

:04:01. > :04:03.The unemployment rate is now lower than it was at the start

:04:04. > :04:09.The latest figures show unemployment falling back at 99,000.

:04:10. > :04:14.Recent economic growth figures out of America have also been strong.

:04:15. > :04:24.Those jitters about the world economy are one reason why that has

:04:25. > :04:27.been falling to next to nothing, making the price of almost

:04:28. > :04:28.everything from holiday flights to electronics cheaper.

:04:29. > :04:35.If we knew, we clearly wouldn't be working for the BBC,

:04:36. > :04:36.but already we are seeing the effects.

:04:37. > :04:44.Just this week the Governor of the Bank of England said this:

:04:45. > :04:47.That is bad news for savers, but good for borrowers

:04:48. > :04:52.Look at what is happening to the British steel industry.

:04:53. > :04:55.Thousands of jobs have been lost because Chinese producers have been

:04:56. > :04:59.selling at cut-price rates and we can't compete.

:05:00. > :05:01.As usual, no one really knows the answer.

:05:02. > :05:04.Some think what is happening now is just a bump and those markets

:05:05. > :05:08.The most pessimistic think it is a sign the world is heading

:05:09. > :05:13.Later this morning we'll get the public borrowing figures

:05:14. > :05:16.from the Government which will give us a sense about how the country's

:05:17. > :05:19.books are being balanced and, of course, those figures are likely

:05:20. > :05:21.to have an impact on the stock markets.

:05:22. > :05:23.Our business correspondent Aarron Heselhurst is with me.

:05:24. > :05:30.It's been a traumatic week for the markets.

:05:31. > :05:35.It's exhausting, I want to go home! They're up, down, all over the

:05:36. > :05:38.place. The markets, I think it's a mugs game to predict at the moment

:05:39. > :05:43.where the markets are going to go because there is a lot of panic and

:05:44. > :05:47.then a lot of cheer. Some will say the markets towards the end of last

:05:48. > :05:51.year were overpriced, too much money in them, that rose the price of

:05:52. > :05:55.those stocks. So they were seeing corrections here and there. But what

:05:56. > :06:01.the markets are trying to do, I think, and it's something they've

:06:02. > :06:06.got to do, is learn how to cope with a slowing China, and oil prices at

:06:07. > :06:11.$30 a barrel. They were hammered earlier in the week and yesterday we

:06:12. > :06:16.saw, here is an example, the big boss of the European Central Bank

:06:17. > :06:22.came out and said, well, you know, there was a hint that there could be

:06:23. > :06:26.more stimulus to come in Europe, basically printing - pumping in more

:06:27. > :06:30.cheap money into the system. That's what the markets love. The European

:06:31. > :06:35.Central Bank said possibly by March we will look at this again, the

:06:36. > :06:40.markets went up. One of the reasons they go up on that sort of thing,

:06:41. > :06:44.this cheap money which should be going in to rebuild the economy has

:06:45. > :06:47.found its way into the markets, overflating those prices. That's

:06:48. > :06:52.where the markets are at the moment. When they go up and down in the way

:06:53. > :06:56.they've been going, it's huge money we are talking about, isn't it? How

:06:57. > :07:01.much boils down to sentiment and how much is an accurate reflection of

:07:02. > :07:07.the fundaments? If it's reflecting what's happening? That's tricky,

:07:08. > :07:11.because we have had Davos this week, in Switzerland, that's the yearly

:07:12. > :07:14.gathering of the biggest power brokers in the world and financial

:07:15. > :07:19.institutions, they all get together and we have been interviewing some

:07:20. > :07:23.of the biggest names there. They're all mixed. I don't know if they

:07:24. > :07:30.knows what's coming or happening. Some are positive, some are

:07:31. > :07:35.pessimistic. I want to highlight the Baltic dry index, you have heard of

:07:36. > :07:40.that, it's probably the most important index nobody has ever

:07:41. > :07:45.heard of. It tracks shipping prices. How much does it cost to ship iron

:07:46. > :07:47.ore or wheat or oil, it's important because that greases the wheels of

:07:48. > :07:53.the global economy. It tracks that. This is why it's important to us. If

:07:54. > :07:57.that index crashes, the prices drop, you can bet your bottom dollar

:07:58. > :08:08.typically the global economy crashes. We saw it, black Monday,

:08:09. > :08:12.1987, 200 and before the financial crash in 2008. If those ships are

:08:13. > :08:17.shipping less around the world, it means consumers are cutting back, it

:08:18. > :08:21.means businesses are investing less, and that weighs on basically

:08:22. > :08:24.economic demand. A sharp fall in economic demand typically means a

:08:25. > :08:30.recession. Here is the bad news, that index this week hit its lowest

:08:31. > :08:35.level ever, ever, ever. On that cheery note, there you go! Keep your

:08:36. > :08:38.eyes on that and keep your eyes on copper prices, they're a big lead

:08:39. > :08:42.indicator, they're used in pretty much everything we manufacture. If

:08:43. > :08:47.copper prices plummet, we are in for a bit of strive. What are they

:08:48. > :08:51.doing? They're down. They had a blip this week but they're at their

:08:52. > :08:55.lowest levels in something like seven or eight years. You can go

:08:56. > :08:58.home now! I am exhausted! See you soon.

:08:59. > :09:01.It's been nearly eight years since the recession that rocked

:09:02. > :09:04.So, since then, how do you feel today?

:09:05. > :09:07.Well, let's talk now to finance experts Sarah Pennells

:09:08. > :09:18.Sarah, tell us, first of all, how you perceive what's going on within

:09:19. > :09:22.the markets? I think it's confusing as Aaron said. Some people, I was

:09:23. > :09:25.talking to people yesterday about this, they said it's a financial

:09:26. > :09:30.correction, it's not an economic correction in that, if you look at

:09:31. > :09:33.the FTSE 100 index, that's international and a number of the

:09:34. > :09:38.companies that have - the largest companies in the FTSE 100, they're

:09:39. > :09:42.heavily into commodities and oil. Obviously, as we know, the oil price

:09:43. > :09:46.has been plunging, commodities, China, which has been driving

:09:47. > :09:50.demand, that demand is falling. Some people are saying actually this

:09:51. > :09:55.isn't really about our UK economy, if you look at what's happened to

:09:56. > :09:58.the FTSE 250, which is the 250 next biggest companies, they tend to be

:09:59. > :10:02.much more focussed on the UK and if you look at that index it has

:10:03. > :10:07.fallen, but by nowhere near as much as the FTSE 100. You talk to other

:10:08. > :10:12.people and they say George Osborne was warning a couple of weeks ago

:10:13. > :10:16.about this dangerous cocktail of outside influence that is could

:10:17. > :10:19.derail our economy and I think a lot of people are confused. I was

:10:20. > :10:22.tweeting about it saying how do you feel about your own finances and the

:10:23. > :10:26.economy and it was a mixed picture. Some people said I feel OK about my

:10:27. > :10:30.finances because I have saved, don't trust the economy, not sure what's

:10:31. > :10:33.going on. It's a disconnect when you are thinking about the big picture

:10:34. > :10:37.and looking at your personal situation. That's part of the

:10:38. > :10:39.problem and part of the reason why this confidence is so fragile

:10:40. > :10:46.because I think people aren't sure what to hang it on, if that makes

:10:47. > :10:51.sense. What is your perspective, Gemma, how worried should we be?

:10:52. > :10:53.It's interesting, it's being driven by China which isn't growing as much

:10:54. > :10:57.as before, by China which isn't growing as much

:10:58. > :11:04.not going to be buying as much so our companies won't be able to sell

:11:05. > :11:07.as much. If you think about China like a Ferrari, that's a good way of

:11:08. > :11:12.thinking about it, this Ferrari has been speeding at top speeds over the

:11:13. > :11:14.last few years and that's unsustainable. You are now seeing

:11:15. > :11:22.this Ferrari still travelling very fast and to put it in context, we in

:11:23. > :11:27.the UK, we are like a Land Rover, we are out in the countryside, maybe

:11:28. > :11:30.20, 30mph, China is still growing at a faster rate, it's really to do

:11:31. > :11:34.with expectations, the fact that it's slowing down and this has

:11:35. > :11:36.shocked people. How much could it impact on us here? Something like

:11:37. > :11:42.the International Monetary Fund which was talking about the global

:11:43. > :11:45.economy earlier in the week and lowering expectations across the

:11:46. > :11:51.board, it actually didn't change the outlook for the UK, growth still

:11:52. > :11:55.remaining as it previously forecast? The biggest impact for us

:11:56. > :12:02.personally, it's bad for investors and people's pensions. But it's good

:12:03. > :12:05.for home owners. The reason is that people's pensions are invested in

:12:06. > :12:10.international companies. So the fact that China isn't going to be growing

:12:11. > :12:13.as much will hurt and hamper the value of those companies and the

:12:14. > :12:18.shares of these companies that pensions are invested in. On the

:12:19. > :12:21.upside, the fact that the Bank of England may become more cautious

:12:22. > :12:26.about the environment means they're going to be in no hurry to hike up

:12:27. > :12:29.interest rates so mortgages will remain affordable and interest rates

:12:30. > :12:33.at low levels. How do you see winners and losers? As Gemma said,

:12:34. > :12:37.that's correct. I would just say, though, that if you have got money

:12:38. > :12:41.invested in your pension don't panic because we have seen headlines over

:12:42. > :12:44.the last couple of days saying pensions having huge losses. The

:12:45. > :12:50.worst thing is to bail out when things are falling. If you look back

:12:51. > :12:53.in the UK and how investors have behaved, unfortunately, we have

:12:54. > :12:58.addicted to the habit of buying when the stock market is at its height

:12:59. > :13:03.and losing our nerve when it falls. Obviously, if you need your money...

:13:04. > :13:08.If you are about to retire you maybe not have much choice. Sure, if you

:13:09. > :13:13.need money in the next few months it's a different picture but for

:13:14. > :13:17.people that don't need the money it's time to take emotion out of it

:13:18. > :13:22.and almost, not ignore the headlines but not react as soon as the market

:13:23. > :13:26.goes down because we don't quite know what's going to happen to the

:13:27. > :13:31.market, if you bail out when the market is down, you could miss it

:13:32. > :13:36.when it bounces back. Are we in a fundamentally different position in

:13:37. > :13:40.this country now compared to when the recession hit in 2008? There's

:13:41. > :13:46.been a lot of austerity. But there is still a huge amount of public

:13:47. > :13:51.debt. That's an interesting point. What we are looking at is, George

:13:52. > :13:55.Osborne said in 2010 that by 2015 our books will be balanced and we

:13:56. > :13:59.are not there yet. The figures that we are about to hear today will show

:14:00. > :14:03.our country, our public, we are still having a high level of public

:14:04. > :14:07.borrowing but it's in a better position than before and it's

:14:08. > :14:11.important to look at, that relatively from where we were before

:14:12. > :14:16.and also looking forward, what are they going to do? The worst thing

:14:17. > :14:21.they could do is let's have more austerity and explain that. To have

:14:22. > :14:24.more tightening in the economy by would hamper, when we need to

:14:25. > :14:27.support people to go out and buy more and continue to revive the

:14:28. > :14:32.economy. If market forces are slowing down is there much of an

:14:33. > :14:36.alternative? Yes. There is. The alternative for balancing the books

:14:37. > :14:40.is just to delay the end deadline. Instead of saying we have missed one

:14:41. > :14:44.deadline, we will continue, we will not abandon those targets. Let's not

:14:45. > :14:49.abandon the targets, it's still important but let's have more

:14:50. > :14:53.patience as opposed to all of a sudden starting to, you know, enact

:14:54. > :14:56.anything, that could really hurt the man on the street who we need to

:14:57. > :14:59.support at this time to continue to buy and drive the growth of our

:15:00. > :15:03.economy, which is progressing and doing well. Sarah, you were talking

:15:04. > :15:07.at the beginning about how people are feeling out there. We will talk

:15:08. > :15:12.about it later in the programme with an audience here.

:15:13. > :15:16.What is your sense of average person out there and how they feel? I think

:15:17. > :15:20.people do feel still under a lot of pressure. I think that's partly

:15:21. > :15:24.because, if you look at the official inflation figures, they're very low,

:15:25. > :15:29.the consumer price index, 0. 2%, but if you look at other figures. For

:15:30. > :15:32.example, rents, there have been different statistics, one showing

:15:33. > :15:38.they've risen by 2. 6%, one showing 3. 4%. If you are renting you are

:15:39. > :15:42.not going to be feeling that 0. 2%. Petrol prices have fallen. Energy

:15:43. > :15:46.prices, we have had token price cuts but they haven't come down really.

:15:47. > :15:49.It feels like a lot of people did the easy cuts in the immediate

:15:50. > :15:54.aftermath of the financial crisis so they cut back on the luxuries. Then

:15:55. > :15:58.year after year after year they've really had to make some tough

:15:59. > :16:01.choices. I think as well because the message from the politicians and

:16:02. > :16:06.let's face it the economists seems to vary, flip from almost one week

:16:07. > :16:09.to the next, I think people do feel very uncertain. They probably

:16:10. > :16:12.haven't got that much slack in their personal budgets and that's not a

:16:13. > :16:17.great place to be. Of course if you are someone who is trying to buy a

:16:18. > :16:21.property, especially the first-time buyer, that's tough and you will

:16:22. > :16:25.feel squeezed for different reasons. Some feel more confident, definitely

:16:26. > :16:29.but I don't think there is an overall feeling of things are OK, I

:16:30. > :16:31.don't need to worry, I can build on my own finances and improve my own

:16:32. > :16:38.situation. I don't think we are there yet.

:16:39. > :16:46.There is the ongoing conundrum of employment increasing and wages

:16:47. > :16:49.going up but not by very much? Exactly, by not enough. We want to

:16:50. > :16:57.see that filtered through to people's wages so they can boost the

:16:58. > :17:01.economy. That will only come through improved productivity, which is

:17:02. > :17:05.something the politicians keep talking about? It is all linked

:17:06. > :17:09.together. Everything is linked together. It is also to do with

:17:10. > :17:16.expectations. Companies are only willing to give people a pay rise if

:17:17. > :17:24.they are confident. Bring it back to the reason why there are is this in

:17:25. > :17:28.the market, it is important to have confidence.

:17:29. > :17:39.Thank you very much. Let us know what you think.

:17:40. > :17:45.We will be talking through all of this with a studio audience later.

:17:46. > :17:47.Do get your thoughts in and we will feed your comment into the

:17:48. > :17:49.discussions throughout the programme.

:17:50. > :17:52.Still to come: We'll be stepping inside a multi-sensory simulator

:17:53. > :17:55.which mimics the symptoms of dementia to see how it can give

:17:56. > :18:02.people a better idea of what it's like to live with.

:18:03. > :18:09.And as the Government considers building a new national memorial to

:18:10. > :18:13.remember British citizens killed in acts of terrorism overseas, we will

:18:14. > :18:14.talk to the families of two men who lost their lives in foreign terror

:18:15. > :18:17.attacks. Europe's migrant crisis is putting

:18:18. > :18:24.the the European Union itself at grave risk, according

:18:25. > :18:29.to the French Prime Minister. Manuel Valls told the BBC

:18:30. > :18:32.that "our societies will be totally destabilised" if Europe took

:18:33. > :18:35.in all the refugees fleeing war Manuel Valls' comments come

:18:36. > :18:40.as the desperate effort to reach Europe leads to another mass

:18:41. > :18:45.drowning in the Aegean Sea. 21 people, including eight children,

:18:46. > :18:47.have died after two boats A search operation is underway

:18:48. > :18:53.with dozens more people missing. One of the key suspects

:18:54. > :18:57.in the murder of the former Russian spy Alexander Litvinenko has told

:18:58. > :19:00.the BBC he had nothing to do A British inquiry concluded that

:19:01. > :19:07.President Putin had probably approved the assassination of Mr

:19:08. > :19:09.Litvinenko. But the suspect, Andrei Lugovoi,

:19:10. > :19:13.has called the findings "nonsense". David Cameron has ordered

:19:14. > :19:16.a crackdown on what he's described as "spurious" legal claims

:19:17. > :19:19.against members of the armed forces. He's asked ministers to consider

:19:20. > :19:22.a range of measures, including taking action

:19:23. > :19:38.against companies who pursue And industry seems to have built up

:19:39. > :19:42.making spurious claims against the brave men and women of our armed

:19:43. > :19:46.forces. That is not acceptable. That is no way to treat people we asked

:19:47. > :19:47.to do difficult and dangerous work. I am determined to shut this

:19:48. > :19:49.industry down. 50 million people along the east

:19:50. > :19:51.coast of America are bracing themselves for a huge blizzard

:19:52. > :19:54.forecast to hit later. Up to two feet of snow could fall

:19:55. > :19:57.within a few hours leading to some states declaring

:19:58. > :19:58.a state of emergency. The Government is giving ?5

:19:59. > :20:01.million to local councils across in England to help tackle

:20:02. > :20:03.rogue landlords who take advantage The extra funding will be used

:20:04. > :20:09.to carry out more raids, inspect properties and demolish

:20:10. > :20:15.sheds and prohibited buildings. Let's catch up with all

:20:16. > :20:18.the sport now and join Ore. And the fourth test

:20:19. > :20:31.is underway in South Africa. It is. England already in amongst

:20:32. > :20:36.the South African wickets. The first wicket caught by James Taylor at

:20:37. > :20:41.short leg. You will rarely see a better catch taken in that position.

:20:42. > :20:50.He took two outstanding catches in the third test. This one possibly

:20:51. > :20:54.better. And inside edge rolled off James Taylor's fly on to his ankle,

:20:55. > :21:02.he squeezed it between his thighs. In the end it looks like he is

:21:03. > :21:07.laying an egg. The caught ball. 35-1. Well played by James Taylor.

:21:08. > :21:13.They have already won the series. James Taylor, that catch, it will no

:21:14. > :21:18.doubt be doing the rounds on social media. Outstanding. Also, the

:21:19. > :21:24.Australian Open. Towards the end of the first week. Roger Federer

:21:25. > :21:29.through. Maria Sharapova also through. Serena Williams doing the

:21:30. > :21:33.business. And Novak Djokovic looking like sealing a place in the last 16

:21:34. > :21:45.as well. All of that and plenty more in Havenaar.

:21:46. > :21:49.-- hath an hour. British retail spending suffered its biggest

:21:50. > :21:51.year-on-year fall in six years during the Christmas selling season.

:21:52. > :21:59.There was more cheer for George Osborne after comment borrowing

:22:00. > :22:08.dropped sharply by 1%. Let's go live and talk to serve Vince Cable. More

:22:09. > :22:12.mixed messages. We have just heard borrowing has fallen by 1% but

:22:13. > :22:15.consumer spending is down. When you look at all these different messages

:22:16. > :22:23.filtering through about the state of the economy, what is your analysis?

:22:24. > :22:28.Probably we should not be getting too excited about the ups and downs

:22:29. > :22:33.in the financial markets. These are always very volatile. What has been

:22:34. > :22:37.happening in the big global picture is money is moving out of companies

:22:38. > :22:44.and countries are associated with oil and raw materials, and also

:22:45. > :22:49.China, but what really matters is whether we are part of this crisis

:22:50. > :22:54.or not. Britain has been recovering. Certainly coming out of the

:22:55. > :22:58.coalition years we are getting good growth, good employment. But Britain

:22:59. > :23:02.is still fragile. We are still on the life-support system of cheap

:23:03. > :23:11.money. The recovery we have, it is unbalanced. Too much dependent on

:23:12. > :23:15.property and not on exports come Manufacturing, low creativity. The

:23:16. > :23:21.government should not be complacent. I must correct the figure I gave on

:23:22. > :23:27.borrowing. Actually it is down 12%. The lowest level since 2006. What is

:23:28. > :23:32.your reaction to that? Is George Osborne getting it right? Yes, we

:23:33. > :23:36.should not be paying too much attention to that. The overall

:23:37. > :23:41.fiscal position is improving. Indeed that was one of the key tasks of the

:23:42. > :23:49.coalition government. That overall borrowing figure does not tell us a

:23:50. > :23:51.great deal. It makes no distinction between getting rid of the deficit,

:23:52. > :23:53.the underlying deficit in the budget, which this government, like

:23:54. > :23:57.the last comment, was concerned about, and borrowing for sensible

:23:58. > :24:02.things like public investment. The overall borrowing figures very

:24:03. > :24:06.volatile. You have to look at the big picture in the longer term.

:24:07. > :24:13.Should we hunker down for another crash? I think the probability is

:24:14. > :24:22.not. But we may well be heading for a slowdown. The problem is, in

:24:23. > :24:27.financial markets as in politics, trends tend to be hyped. I think we

:24:28. > :24:32.have got some difficulties in the UK. There are long-term problems

:24:33. > :24:37.around productivity, lack of skills, lack of innovation. These are the

:24:38. > :24:40.things we work done in the industrial strategy in the coalition

:24:41. > :24:45.and there remain problems we have to work on. The overdependence on

:24:46. > :24:49.property. We should not be worried about short-term fluctuation. The

:24:50. > :24:52.British economy has been growing reasonably solidly for several years

:24:53. > :24:54.and that is likely to continue. Thank you very much, Vince Cable.

:24:55. > :24:58.In the next ten years it's estimated that a million people in the UK

:24:59. > :25:01.And for people caring for those with the condition,

:25:02. > :25:03.it can be a difficult one to understand.

:25:04. > :25:05.Now a simulator, which mimics some of its symptoms,

:25:06. > :25:09.is travelling around the UK to give people a better idea of what it's

:25:10. > :25:20.Jean Mackenzie has been to see how it works

:25:21. > :25:26.Now, I've had very little contact with dementia.

:25:27. > :25:29.I know how it affects people in theory, but I don't really

:25:30. > :25:32.understand what they are feeling, what it's really like.

:25:33. > :25:35.And that is the point, lots of us don't.

:25:36. > :25:39.But many of us at some point in our lives may end up having

:25:40. > :25:42.to care for somebody with dementia and that is what this simulator

:25:43. > :25:46.It aims to try and mimic some of the symptoms of dementia

:25:47. > :25:49.so people can get a better understanding of what their loved

:25:50. > :25:56.Glenn Knight is going to be training people to use this.

:25:57. > :25:59.We are in what looks like a sort of mobile home setup.

:26:00. > :26:05.OK, so what we are going to do is we are going to put some

:26:06. > :26:07.scientifically proven equipment on you, glasses,

:26:08. > :26:09.headset, insoles into your shoes and gloves.

:26:10. > :26:12.We are then going to give you some tasks to do.

:26:13. > :26:15.What will happen is you will be immersed into the world

:26:16. > :26:19.of what someone with dementia might be going through.

:26:20. > :26:22.It will demonstrate classic dementia behaviours that we see in care homes

:26:23. > :26:34.Find the white shirt and put it on, write a three-sentence note

:26:35. > :26:36.to your family and put it in an envelope.

:26:37. > :26:39.Set the table for four, fold all the towels and fill a cup

:26:40. > :27:08.In all seriousness I did not hear a single word.

:27:09. > :27:10.In all seriousness it is part of the task.

:27:11. > :27:22.OK, I didn't really hear anything of what has just been said

:27:23. > :27:24.because in my ears is the most overwhelming racket of noise

:27:25. > :27:29.and confusion and I can't really see that well either.

:27:30. > :27:32.I think at some point I was told to make a note to my family

:27:33. > :27:36.and I know I have been asked to do some tasks and I can see a sink

:27:37. > :27:40.so I think I might try and fill up a glass of water and hope that

:27:41. > :27:47.gets me a little bit of the way there.

:27:48. > :27:53.The cups have been here all the time but with these glasses on I just

:27:54. > :28:05.I just have no idea how these taps work.

:28:06. > :28:07.I assume they are supposed to be difficult to use.

:28:08. > :28:11.Right now I honestly can't work it out.

:28:12. > :28:23.So I have found what appears to be a vacuum cleaner and I thought

:28:24. > :28:26.I could do a useful thing by doing some hoovering,

:28:27. > :28:30.Sorry, I just heard a gunshot in my head.

:28:31. > :28:41.Oh, right, I have managed to get the hoover out.

:28:42. > :29:08.Wow, that was only six minutes I am told but it felt like forever.

:29:09. > :29:15.The noise in your head is probably the most disconcerting thing.

:29:16. > :29:21.Throughout I was being played various sounds and chatter,

:29:22. > :29:26.Your vision is so restricted through these glasses that

:29:27. > :29:29.everything is dull so you almost lose the will to even want to work

:29:30. > :29:31.things out because it is too challenging.

:29:32. > :29:35.With the noise and the restricted vision I could barely hear you.

:29:36. > :29:40.While you are stood here, now you have got a healthy brain

:29:41. > :29:45.But as the brain deteriorates with all types of dementia

:29:46. > :29:50.One of the abilities it loses is the ability to block out sounds.

:29:51. > :29:53.In a care home or a communal area there will be TVs,

:29:54. > :29:56.radios, people talking, laughing, alarm bells which go on for ever.

:29:57. > :30:18.You don't notice it, but they hear absolutely everything.

:30:19. > :30:20.So what is the purpose of this simulator?

:30:21. > :30:23.It is being used to train people to care for patients with dementia

:30:24. > :30:27.in the hope it will improve their treatment.

:30:28. > :30:34.We brought along two people eager to know more.

:30:35. > :30:37.My name is Georgiana, I am 25 and my grandmother has been

:30:38. > :30:39.suffering with dementia for several years now.

:30:40. > :30:43.My name is Diana, I am a care worker and I work with people who have

:30:44. > :30:48.I have been doing this for about eight months now.

:30:49. > :30:51.I just want to put myself in my grandmother's shoes and find

:30:52. > :30:58.I'd like to learn how to help these people better and to be able

:30:59. > :31:01.to understand where they are coming from and why they do the things

:31:02. > :31:21.I can understand why people get like they do when they hear a sharp

:31:22. > :31:25.noise or a sound like that, it really is scary.

:31:26. > :31:34.I'm actually really emotional because now I understand why

:31:35. > :31:39.I think I just appreciate a hell of a lot more the difficulty

:31:40. > :31:45.It must be really awful for her actually and I wish my family

:31:46. > :31:51.understood a lot more, because until now I certainly

:31:52. > :31:57.would not have ever dreamt this is the sort of thing she goes

:31:58. > :32:02.The simulator is now heading to care homes,

:32:03. > :32:07.supermarkets and doctors' surgeries across the UK so anyone can put

:32:08. > :32:09.themselves in the shoes of those living with dementia,

:32:10. > :32:21.You can watch that film again and share it on your newsfeeds

:32:22. > :32:28.by going to our programme page at bbc.co.uk/victoria.

:32:29. > :32:31.Coming up, one in six rented homes in England is failing

:32:32. > :32:43.As the government promises more money to tackle rogue landlords,

:32:44. > :32:45.A new national memorial is going to be built to remember

:32:46. > :32:47.British citizens who've lost their lives in acts

:32:48. > :32:51.But the Government wants suggestions on where such a memorial should be,

:32:52. > :32:55.It's beginning a consultation and wants to hear from families

:32:56. > :32:57.and friends of victims as well as people who support

:32:58. > :33:03.victims or members of the public who've been affected.

:33:04. > :33:05.Let's take a closer look at this with David Green.

:33:06. > :33:07.His son, Stephen, was killed in the al-Qaeda-linked siege

:33:08. > :33:10.on a gas plant in Algeria in January 2013.

:33:11. > :33:12.He's speaking to us today in his first broadcast interview

:33:13. > :33:15.And we're also joined by Mike Haines, whose brother David

:33:16. > :33:18.was killed by so-called Islamic State militants in Syria

:33:19. > :33:29.Thank you both very much for joining us. We appreciate you joining us to

:33:30. > :33:34.talk about this today. David, first of all, tell us about your son,

:33:35. > :33:44.Stephen, and why a permanent memorial is something that would be

:33:45. > :33:57.important for you. Well, Stephen was... A very strong man. Very

:33:58. > :34:05.resourceful. And a very private man. A memorial, I have only just heard

:34:06. > :34:19.about the Government memorial and it would be of value to our family to

:34:20. > :34:33.have a place to go to to share our feelings and we feel that it should

:34:34. > :34:42.be something which gives us seer Renity and enables us to think about

:34:43. > :34:46.Stephen -- serenity and also share our loss and grief with others who

:34:47. > :34:50.have been through something similar. A national memorial is also about a

:34:51. > :35:10.nation remembering and paying tribute. Does that matter to you? It

:35:11. > :35:17.matters, yes. It's a nation acknowledging loss but... It's

:35:18. > :35:28.difficult for me to say whether I feel that the national part is as

:35:29. > :35:34.important as the family part. I know I feel loss when I hear about

:35:35. > :35:41.complete strangers losing their lives in a terrorist attack. I don't

:35:42. > :35:49.know them but I feel a loss for them, for their future and for their

:35:50. > :36:01.families who are obviously devastated by what has happened. So,

:36:02. > :36:08.I understand that people do feel loss and anguish when they hear the

:36:09. > :36:15.news of someone that they've never heard of before losing their lives,

:36:16. > :36:22.so, yes, the memorial could embody that sort of feeling. Is that

:36:23. > :36:28.inempathy that has deepened for you because of what you have gone

:36:29. > :36:35.through? -- is that an empathy? Yes, when I hear of a young man or any

:36:36. > :36:42.man or any woman losing their lives, then I feel a loss. I even feel a

:36:43. > :36:53.loss sometimes when I hear of a young man who's been brainwashed and

:36:54. > :37:02.gone overseas and has been killed. I feel that it's such a waste and I

:37:03. > :37:10.know that his parents, despite everything, will be feeling a loss.

:37:11. > :37:13.So, yes. Let's bring in Mike. Your brother, David, was killed by

:37:14. > :37:17.so-called Islamic State in Syria in 2014, his body has never been

:37:18. > :37:27.recovered. What would a national memorial mean for you? It would give

:37:28. > :37:36.my family somewhere to grieve. We are unlikely ever to receive my

:37:37. > :37:45.brother's body back and it is important for families like myself,

:37:46. > :37:53.like my family who have lost members, to go somewhere to find

:37:54. > :38:04.peace, to find mutual support with other families who have lost people

:38:05. > :38:11.and it is a centre for the nation to remember those who have lost their

:38:12. > :38:16.lives through needless acts. When you talk of the mutual support from

:38:17. > :38:22.families who have been through similar to what you have both

:38:23. > :38:25.experienced, how important is that because obviously when you have been

:38:26. > :38:30.through something you understand it, you know, do you sometimes feel when

:38:31. > :38:33.you talk to others who simply haven't been through it, even though

:38:34. > :38:39.they might be sympathetic and understanding, they don't actually

:38:40. > :38:47.understand the impact on you? I think unless you have been through

:38:48. > :38:53.it, you can't see what it does to the family that's left behind. I am

:38:54. > :39:01.in touch with other families that have lost people through terrorism

:39:02. > :39:08.and there is a great deal of mutual support. There Those times when we

:39:09. > :39:17.feel weak, they might be strong and it is a great, great help to those

:39:18. > :39:20.of us who have lost loved ones. What would you like the memorial to be

:39:21. > :39:26.like? Do you have any thoughts on where you think it should be, what

:39:27. > :39:33.it should be? Today sees the launch of the consultation process which

:39:34. > :39:43.lasts for six weeks. This consultation process is open to

:39:44. > :39:47.everybody who has lost someone, to groups, individuals, organisations

:39:48. > :39:55.that gives support to families like my own and if we can get as many

:39:56. > :40:01.people as possible in this consultation process, then we are

:40:02. > :40:10.going to find something that we, as the families, as the supporters,

:40:11. > :40:19.want. I myself am not sure, somewhere peaceful. Whether it be in

:40:20. > :40:24.London, whether it be at the National Arborteum, whether it's

:40:25. > :40:33.somewhere else, it will give a place for us to go to remember David,

:40:34. > :40:37.someone for our family to grieve and to take solace, as I said, mutual

:40:38. > :40:47.support from other families like ourselves. David was saying how he

:40:48. > :40:53.feels every time somebody is killed in a terrorist attack and the

:40:54. > :40:58.empathy he feels about the loss, I would presume you would feel the

:40:59. > :41:04.same every time there is a story about a terrorist attack. Equally,

:41:05. > :41:08.you have to deal with headlines like earlier this week, so-called Islamic

:41:09. > :41:12.State confirming the death of so-called jihadi John, the man who

:41:13. > :41:23.is believed to have killed your brother. How did you feel when you

:41:24. > :41:31.heard that? I must admit I would preferred he had faced the courts of

:41:32. > :41:41.British justice, but these decisions are not in my hands. That's all I

:41:42. > :41:49.wish to say about him. What is important is, as you were saying,

:41:50. > :41:57.when we see a terrorist atrocity, whether it is in neighbouring

:41:58. > :42:03.countries, Europe, whether it is in Pakistan, just yesterday, it is

:42:04. > :42:11.important that we support each other. This fear and hatred that the

:42:12. > :42:15.terrorists seek to sow, and that's terrorists of all Creeds, we have to

:42:16. > :42:23.fight this and we can only fight this by supporting each other, by

:42:24. > :42:31.learning from each other, from peace. David, what have you learned

:42:32. > :42:35.about the best ways to support each other and learn from what you have

:42:36. > :42:44.been through, what others have been through? Since my brother's death I

:42:45. > :42:49.have travelled the country and abroad talking of unity, tolerance,

:42:50. > :42:58.understanding between our communities. The damage that these

:42:59. > :43:02.terrorists seek to sow in our communities, polarising our

:43:03. > :43:09.communities is far more dangerous than the loss of my brother's life.

:43:10. > :43:15.I love my brother, I still love my brother, I will fight to my dying

:43:16. > :43:23.day against the hatred that they want to bring in to our communities.

:43:24. > :43:30.I have met some incredible people, some incredible organisations that

:43:31. > :43:35.are making a stand within their communities, making a difference,

:43:36. > :43:40.standing up for humanity, for understanding and for tolerance.

:43:41. > :43:51.Thank you, Mike. David, how do you see that? Well, I applaud what Mike

:43:52. > :44:04.is doing. I personally do not feel inclined to do that. I want to help

:44:05. > :44:17.my family to rebuild and to continue and to develop. I have also got a

:44:18. > :44:24.burning desire to find out the full truth behind what happened as I

:44:25. > :44:30.haven't... The inquests went so far but there's still unfinished

:44:31. > :44:39.business. There are suspects in Algeria who have yet to be brought

:44:40. > :44:49.to trial, so justice, like has been said, needs to be done in a court

:44:50. > :44:53.preferably, if possible, so there is that to be done and I am still

:44:54. > :44:57.waiting for the Algerians to tell us when that is going to happen. My

:44:58. > :45:11.MP's written to the Prime Minister and I am trying to find out what is

:45:12. > :45:16.going on. So, for me, there are deep personal lack of knowledge which I

:45:17. > :45:20.think my son deserves the truth and that is what I am trying to do.

:45:21. > :45:27.Thank you, David. Thank you, David and Mike.

:45:28. > :45:34.After a roller-coaster of a wheat on the financial markets, how safe is

:45:35. > :45:38.the UK economy? We look at how problems around the world could

:45:39. > :45:43.affect families and businesses at home. Now the latest weather.

:45:44. > :45:56.Have you heard about this big storm in the United States? Two feet of

:45:57. > :46:01.snow. Some will see more than that. It is courtesy of this area of low

:46:02. > :46:05.pressure. It is producing some snow from North Carolina. As we go

:46:06. > :46:11.through this weekend you can see the jury that low pressure is taking.

:46:12. > :46:14.Taking the snow further north into Washington and into New York. If you

:46:15. > :46:19.look at the squeeze on those isobars and it is also windy. We have got

:46:20. > :46:26.blizzard conditions. Some states have declared a state of emergency.

:46:27. > :46:31.Of 260 centimetres in Washington. In western suburbs we could have as

:46:32. > :46:37.much as 75 centimetres. That is roughly 2.5 feet. It could prove to

:46:38. > :46:41.be an historic storm. Take Washington again. Roughly once every

:46:42. > :46:45.eight years we will have as much as a foot of snow. To get more

:46:46. > :46:51.eight years we will have as much as that it is more than -- one in every

:46:52. > :46:54.hundred years. It is a big event. Transportation has been disrupted.

:46:55. > :47:01.Flights have been cancelled. More than 2000 flights are been cancelled

:47:02. > :47:07.today. Washington cancelling some subways as well. As well as the snow

:47:08. > :47:13.we have got strong winds. Blizzard conditions. White out conditions.

:47:14. > :47:17.You will have seen some pictures of cars skidding all over the place. It

:47:18. > :47:22.moves away during Sunday, leaving quieter conditions. What is going on

:47:23. > :47:28.there? Is it going to head away? That is a very good question. It

:47:29. > :47:33.will come across the Atlantic. We expected to land on our shores later

:47:34. > :47:37.Tuesday, Wednesday. It will be moderated by the Atlantic. It will

:47:38. > :47:43.bring some wet and windy weather. Rain rather than snow. What we have

:47:44. > :47:52.got coming away this weekend is mild weather. Much milder than it has

:47:53. > :47:56.been. It has got cold. Today what we have got our other conditions

:47:57. > :48:00.spilling from the West courtesy of another set of fronts bringing in

:48:01. > :48:04.rain from the south-west, moving to the east. As it clears we are

:48:05. > :48:16.looking at spells. A lot of rain this morning. A lot of surface water

:48:17. > :48:21.on the roads. Gusty winds. As the rain pulls away the wind will ease.

:48:22. > :48:25.It will squeeze isobars as well in the north-west later on. We will see

:48:26. > :48:29.a return to wet and windy conditions. Through the rest of the

:48:30. > :48:34.morning and into the afternoon, the rain moves towards East Anglia and

:48:35. > :48:39.the south-east. Behind it there will be a veil of cloud. Away from that

:48:40. > :48:43.we are into sunny spells. A beautiful afternoon from the

:48:44. > :48:48.Midlands towards the Isle of Wight, heading towards the south-west of

:48:49. > :48:52.England and the Isles of Scilly. Temperatures 12 Celsius in lighter

:48:53. > :48:57.winds. It is the same for Wales after the heavy rain this morning.

:48:58. > :49:00.That has moved away. I coming up with some sunshine. Sunny spells

:49:01. > :49:09.across Northern Ireland with a scattering of showers. The wind will

:49:10. > :49:11.strengthen. For the rest of Scotland, try and find with sunny

:49:12. > :49:18.spells. Northern England, a beautiful afternoon. Anywhere from

:49:19. > :49:21.parts of Yorkshire, Lincolnshire, in through Cambridgeshire, East Anglia

:49:22. > :49:27.into Kent, thicker cloud with the remnants of rain. Rain will clear up

:49:28. > :49:34.around dusk. That leave some clearer skies behind. In the clearer skies

:49:35. > :49:37.the tablet could fall low and off for a touch of frost. The other

:49:38. > :49:41.thing that will happen tonight is there will be some patchy mist and

:49:42. > :49:47.fog. Tomorrow we start off with that scenario. Tomorrow will not be a bad

:49:48. > :49:54.day. Mainly dry, sunny spells. Some stubborn areas of cloud. Sunday will

:49:55. > :49:58.be cloudy, splashes of rain but it will be very mild. On Saturday we

:49:59. > :50:02.start off with the mist and fog lifting. It will be quite murky

:50:03. > :50:07.around the Midlands into the south-east and east Anglia. Away

:50:08. > :50:10.from those areas we are into sunny spells. Through the day we will

:50:11. > :50:15.start to see the next system sweeping in from the south-west

:50:16. > :50:21.accompanied by gusty winds. Sunday will be breezier. Windy towards the

:50:22. > :50:29.West. A lot of cloud, some showers. Temperatures shooting up. If you are

:50:30. > :50:33.in the shelter of high ground, you are looking at a high of 15 Celsius.

:50:34. > :50:37.Way above average for the time of the year.

:50:38. > :50:40.Hello, it's Friday, it's ten o'clock, I'm Joanna Gosling

:50:41. > :50:43.Welcome to the programme if you've just joined us.

:50:44. > :50:49.After a week of economic turbulance in which billions of pounds

:50:50. > :50:51.was wiped off the value of shares around the world,

:50:52. > :50:53.former Business Secretary Vince Cable tells us the British economy

:50:54. > :51:07.We are still on the life-support system of cheap money. The recovery

:51:08. > :51:12.we have, undoubtedly we have got one but it is unbalanced. Too much

:51:13. > :51:15.dependence on property and not enough on exports and manufacturing.

:51:16. > :51:19.Low productivity. We should not be complacent. With UK

:51:20. > :51:21.borrowing down, is he right? audience to find out if people

:51:22. > :51:25.are feeling better or worse off. Authorities heave been calling

:51:26. > :51:27.for a mandatory home education register after eight-year-old

:51:28. > :51:30.Dylan Seabridge - who had no contact with the authorities -

:51:31. > :51:34.died from scurvy. What more can be done to ensure

:51:35. > :51:36.home-schooled children are always safe?

:51:37. > :51:41.standards - now the government promises more money

:51:42. > :51:58.There has been a sharp drop in government borrowing according

:51:59. > :52:02.Victoria Fritz is here to tell us more.

:52:03. > :52:10.Focus through the figures. This is a snapshot Raly of government spending

:52:11. > :52:16.at its role in the economy. It has got two parts. It's spending and

:52:17. > :52:21.what it is earning. It is spending a little bit less on staff costs and

:52:22. > :52:25.purchasing goods. It is also spending less on the interested

:52:26. > :52:28.those on debt because of the lower interest rate environment we are

:52:29. > :52:34.seeing around the world. It is earning a little bit more. It is all

:52:35. > :52:39.through tax. Part of that is because it is getting more from VAT.

:52:40. > :52:44.Consumers are buying more. The economy has been driven by consumer

:52:45. > :52:46.spending of late. It is also getting more from national insurance

:52:47. > :52:50.contributions because there are more people in work and it is getting

:52:51. > :52:54.more from income tax receipts as well because of the improving

:52:55. > :52:58.picture of the labour market. Spending a little less, earning a

:52:59. > :53:04.little more. Is it on target to meet the deficit? Well, potentially. It

:53:05. > :53:08.has to make a surplus of over 5 billion in the next few months to do

:53:09. > :53:12.that. It might be possible because January is very good for the

:53:13. > :53:15.Government in terms of tax receipts. Everybody is filling in their tax

:53:16. > :53:21.assessment forms. They will be returning money. Last January we saw

:53:22. > :53:26.a surplus of ?11 billion. It is possible it will meet its

:53:27. > :53:30.forecast. Thank you. We will be talking more about how you are

:53:31. > :53:33.feeling about the economy with our studio audience in a few moments.

:53:34. > :53:35.Europe's migrant crisis is putting the the European Union itself

:53:36. > :53:37.at grave risk, according to the French Prime Minister.

:53:38. > :53:40.Manuel Valls told the BBC that "our societies will be totally

:53:41. > :53:42.destabilised" if Europe took in all the refugees fleeing war

:53:43. > :53:49.Manuel Valls' comments come as the desperate effort to reach

:53:50. > :53:52.Europe leads to another mass drowning in the Aegean Sea.

:53:53. > :53:56.21 people, including eight children, have died after two boats

:53:57. > :54:00.A search operation is underway with dozens more people missing.

:54:01. > :54:03.One of the key suspects in the murder of the former Russian

:54:04. > :54:07.spy Alexander Litvinenko has told the BBC he had nothing to do

:54:08. > :54:12.A British inquiry concluded that President Putin had probably

:54:13. > :54:17.approved the assassination of Mr Litvinenko.

:54:18. > :54:21.But the suspect, Andrei Lugovoi, has called the findings "nonsense".

:54:22. > :54:23.David Cameron has ordered a crackdown on what he's described

:54:24. > :54:26.as "spurious" legal claims against members of the armed forces.

:54:27. > :54:28.He's asked ministers to consider a range of measures,

:54:29. > :54:32.including taking action against companies who pursue

:54:33. > :54:37.An industry seems to have built up making

:54:38. > :54:40.spurious claims against the brave men and women of our armed forces.

:54:41. > :54:48.That is no way to treat people we asked to do difficult

:54:49. > :54:54.I am determined to shut this industry down.

:54:55. > :54:57.The Government is giving ?5 million to local councils across in England

:54:58. > :55:00.to help tackle rogue landlords who take advantage of their tenants.

:55:01. > :55:03.The extra funding will be used to carry out more raids,

:55:04. > :55:10.inspect properties and demolish sheds and prohibited buildings.

:55:11. > :55:22.How our England getting on in the cricket?

:55:23. > :55:24.England won't be too happy with their morning's work

:55:25. > :55:27.in the fourth and final test against South Africa.

:55:28. > :55:29.They've leaked runs and dropped a catch at Centurion.

:55:30. > :55:30.But they have provided the outstanding moment,

:55:31. > :55:33.arguably of the series - a wicket taken off the bowling

:55:34. > :55:41.It wasn't the best start for the tourists or James Anderson,

:55:42. > :55:43.whose first ball of the day went for four.

:55:44. > :55:46.But as soon as Moeen Ali was brought into the attack,

:55:47. > :55:55.And how about this for a catch by James Taylor at short leg?

:55:56. > :55:58.Dean Elgar getting the inside edge straight into the stomach of Taylor,

:55:59. > :56:04.who wriggled and writhed before taking the ball out from behind.

:56:05. > :56:07.England have of course already won the series -

:56:08. > :56:19.South Africa 89-1. People will be talking about that catch for some

:56:20. > :56:20.time to come. Some of the big names have

:56:21. > :56:23.booked their places in the second week at the Australian

:56:24. > :56:25.Open this morning. Roger Federer won his 300th career

:56:26. > :56:28.Grand Slam match to reach the fourth round after what was eventually

:56:29. > :56:30.a comfortable win over Grigor The 17-time major winner

:56:31. > :56:35.and third seed took four sets He's now beaten Dimitrov in all five

:56:36. > :56:40.of their meetings so far. He faces Belgium's

:56:41. > :56:44.David Goffin next. Defending Champion Novak Djokovic

:56:45. > :56:46.is two sets up against Djokovic raced through the first set

:56:47. > :56:54.to win 6-1, but the Italian gave him It took till the 11th game

:56:55. > :57:06.for the break, Djokovic winning 7-5. Former women's champion

:57:07. > :57:09.Maria Sharapova has booked her place in the last 16, beating

:57:10. > :57:13.American Lauren Davis. It wasn't straightforward -

:57:14. > :57:16.Sharapova needed three sets to win, but she came through and will face

:57:17. > :57:19.the talented Swiss teenager Belinda There were no problems

:57:20. > :57:27.at all for six-time and reigning champion Serena Williams -

:57:28. > :57:31.she charged into the fourth round with a 6-1 6-1 demolition

:57:32. > :57:34.of the Russia teenager Daria Williams now faces another unseeded

:57:35. > :57:52.Russian, Margarita Gasparyan. Bar in Munich manager Pep Guardiola

:57:53. > :57:56.has not yet arrived in England but he is already causing controversy.

:57:57. > :57:58.Manchester United have denied they met Bayern Munich manager

:57:59. > :58:00.Pep Guardiola, about the possibility of him replacing current boss

:58:01. > :58:04.Reports from France, claim the meeting took place last

:58:05. > :58:06.week in Paris, but United insist the story is not true.

:58:07. > :58:08.Guardiola has already said, he'll leave Bayern Munich,

:58:09. > :58:10.this summer to come to the Premier League.

:58:11. > :58:15.Manchester City are favourites to recruit him.

:58:16. > :58:21.If you remember, last week he had to apologise to Premier League managers

:58:22. > :58:27.for announcing he would be coming to the Premier League and getting them

:58:28. > :58:30.all aged that they may lose their jobs. If you think EE is causing all

:58:31. > :58:32.of this hubbub before he arrives, imagine what will happen when he

:58:33. > :58:36.does arrive. Thank you for joining us this

:58:37. > :58:40.morning, welcome to the programme if you've just joined us,

:58:41. > :58:47.we're on BBC 2 and the BBC We will keep your cross the latest

:58:48. > :58:53.breaking and developing stories. Also ahead, Europe's migration

:58:54. > :58:59.crisis is putting the European Union at grave risk, according to the

:59:00. > :59:02.French prime minister, Manuel Valls. Speaking in Davos he said Europe

:59:03. > :59:08.cannot take in all of the migrants and refugees who want to settle in

:59:09. > :59:10.Europe. More on that later. As ever, we are keen to hear on you. -- from

:59:11. > :59:21.you. It's been a rollercoaster of a week

:59:22. > :59:24.on the financial markets - and that rollercoaster has mostly

:59:25. > :59:27.been heading downhill. The FTSE 100 is the market

:59:28. > :59:31.which tracks the value of Britain's 100 biggest companies.

:59:32. > :59:34.It closed up 1.7% yesterday, but there was a big drop

:59:35. > :59:39.on Wednesday of 3.5%. The FTSE 100 has lost 20%

:59:40. > :59:43.of its value since its record That's a loss of around

:59:44. > :59:50.?396 billion - which, if you divided that

:59:51. > :59:53.by the population of the UK, is equivalent to a loss

:59:54. > :59:55.of ?6,000 per person. The way the markets perform

:59:56. > :59:59.is a real indication of how confident people are feeling

:00:00. > :00:01.with the economy. And it seems those markets have

:00:02. > :00:04.got the jitters. But is it all doom and gloom and how

:00:05. > :00:08.does it affect you? It has been hard to miss

:00:09. > :00:17.the gloomy headlines all week. To some, it feels like the whole

:00:18. > :00:20.world economy is going to hell The FTSE 100, the value

:00:21. > :00:24.of our biggest companies, In banker speak that means

:00:25. > :00:30.we are in a bear market. The problem with the markets right

:00:31. > :00:41.now is there is a lot If we continue to get these market

:00:42. > :00:44.jolts, it will begin It has been the economic success

:00:45. > :00:56.story of the decade, building so fast that it has used

:00:57. > :00:59.more cement in three years than the US has

:01:00. > :01:01.in the whole century. But that growth is now slowing down

:01:02. > :01:05.and it means less demand for British exporters and more worries

:01:06. > :01:07.about the amount British banks have This is where it gets

:01:08. > :01:16.a bit more complicated. Other data seems to show the British

:01:17. > :01:20.economy is doing quite nicely Unemployment is now

:01:21. > :01:23.at its lowest level in a decade. The unemployment rate is now lower

:01:24. > :01:26.than it was at the start The latest figures show unemployment

:01:27. > :01:34.falling back at 99,000. Recent economic growth figures out

:01:35. > :01:37.of America have also been strong. Those jitters about the world

:01:38. > :01:43.economy are one reason why that has been falling to next to nothing,

:01:44. > :01:46.making the price of almost everything from holiday flights

:01:47. > :01:49.to electronics cheaper. If we knew, we clearly wouldn't be

:01:50. > :01:57.working for the BBC, but already we are

:01:58. > :01:59.seeing the effects. Just this week the Governor

:02:00. > :02:08.of the Bank of England said this: That is bad news for savers,

:02:09. > :02:10.but good for borrowers Look at what is happening

:02:11. > :02:14.to the British steel industry. Thousands of jobs have been lost

:02:15. > :02:17.because Chinese producers have been selling at cut-price rates

:02:18. > :02:19.and we can't compete. As usual, no one really

:02:20. > :02:22.knows the answer. Some think what is happening now

:02:23. > :02:25.is just a bump and those markets The most pessimistic think

:02:26. > :02:29.it is a sign the world is heading It's been nearly 10 years

:02:30. > :02:42.since the recession that rocked the country's finances -

:02:43. > :02:44.so since then, how do Well, let's talk now

:02:45. > :02:56.to our studio audience. David brait wait, a mortgage broker

:02:57. > :03:01.is here, Sarah Murray, a founder and CEO of her own business, Mick

:03:02. > :03:05.Scarlett, a first-time buyer, Chris Rogers, a financial fund manager,

:03:06. > :03:08.and April Mackenzie McQueen, who is trying to start up her own business.

:03:09. > :03:11.Thank you all for joining us. We will start with you, Chris, because

:03:12. > :03:17.you obviously know what's going on in the markets. You are a fund

:03:18. > :03:21.manager. Tell us quickly what that job means. I am an invest manager

:03:22. > :03:26.for a London-based investment firm. I manage equities, so the markets

:03:27. > :03:30.that have been falling is directly impacted our business in the

:03:31. > :03:33.short-term. And our clients, of course, as well, suffer those losses

:03:34. > :03:37.but experience does teach you that markets are volatile and in the

:03:38. > :03:41.longer run it normally pays to keep a cool head at such times and if

:03:42. > :03:47.anything to be a buyer, rather than a seller when we see those setbacks.

:03:48. > :03:51.When you talk about clients, is that - can that be anyone that has money

:03:52. > :03:54.in a pension or is it high wealth individuals? The end investors will

:03:55. > :03:59.be the man in the street indeed, yeah. It filters through to all of

:04:00. > :04:03.us? To the extent that we have seen a fall in values it does have a

:04:04. > :04:07.bearing, of course, that only really matters if people choose to sell at

:04:08. > :04:12.this point and lock into those falls. My advice would be, and I

:04:13. > :04:15.think that of many financial advisers, would be to tough out

:04:16. > :04:19.these sort of times and if anything, to trickle more money into the

:04:20. > :04:22.markets because clearly after the falls, one is probably getting

:04:23. > :04:26.better value. The key question is whether it's changed the economic

:04:27. > :04:30.outlook for the global economy and the UK economy? There will be

:04:31. > :04:34.differing views on that. My own view is at the margin growth might be a

:04:35. > :04:39.little slower but not materially and not enough to put off long-term

:04:40. > :04:42.investments at these levels. You remain optimistic? Cautiously

:04:43. > :04:47.optimistic. There is clearly a lot of uncertainty in the world. We

:04:48. > :04:54.heard about the uncertainty - uncertain state of the Chinese

:04:55. > :05:01.economy, that weakness has a direct bearing on commodity price, that

:05:02. > :05:06.weakness has undermined producers and the emerging markets have been

:05:07. > :05:09.very much in the eye of the storm. In developed markets where on

:05:10. > :05:12.balance we are consumers of commodities, the consumer is getting

:05:13. > :05:17.the benefit of lower inflation, lower cost of petrol, etc. That's a

:05:18. > :05:21.real boost for the economy. And I think that can be sustained for the

:05:22. > :05:27.foreseeable future. Let's talk to you, Sarah, because you are running

:05:28. > :05:30.a business with 50 staff, exporting across the world, I think

:05:31. > :05:34.three-quarters of the business is exports. That's correct. What is it

:05:35. > :05:38.like for you at the moment? I would say the markets are better than ten

:05:39. > :05:41.years ago, particularly in the UK because there is a huge amount of

:05:42. > :05:45.confidence in people setting up new businesses. The Government has done

:05:46. > :05:49.a huge amount to provide investment for people starting up businesses.

:05:50. > :05:55.What is still missing is capital for growth businesses. There is a huge

:05:56. > :06:00.lack of that. We export our products to countries all over the world, 75%

:06:01. > :06:03.of our sales are to foreign countries. We sell products which

:06:04. > :06:06.really aren't affected by the economy. If you are older, living

:06:07. > :06:09.alone, concerned about a fall, you will need a service from us

:06:10. > :06:17.irrespective of how the economy is doing. Do you feel like you are

:06:18. > :06:19.pretty bulletproof at the moment? No business is bulletproof but

:06:20. > :06:24.businesses fail because they run out of cash. At the moment there is cash

:06:25. > :06:30.available. That is specific to your business you are saying because you

:06:31. > :06:32.are not necessarily buffeted by demand when economies are slowing?

:06:33. > :06:37.We are not really affected by the economy. I don't worry about

:06:38. > :06:40.economic indicators at all but generally for business they only

:06:41. > :06:44.fail because they run out of cash, so as long as cash is available the

:06:45. > :06:47.economy's going to keep doing well. April, you are setting up a

:06:48. > :06:55.business. Tell us what your situation is. I am currently trying

:06:56. > :06:59.to set up my own business selling make-up storage solutions and I am

:07:00. > :07:04.finding there is a lot of help out there for start-ups. However, when

:07:05. > :07:08.it comes to funding, apart from the Government back loans, most of the

:07:09. > :07:13.funding is geared towards technology and I am not setting up a technology

:07:14. > :07:18.business and it's been a little hard to get off the ground in getting

:07:19. > :07:24.prototyping done and things like that. Are you setting up because you

:07:25. > :07:27.always felt by nature and entrepreneur or is this through

:07:28. > :07:34.necessity? It's through necessity for me. A lot of my friends who have

:07:35. > :07:37.gone to good universities, got degrees like myself, we are finding

:07:38. > :07:41.it hard to get a job in an industry that pays us, well,

:07:42. > :07:43.it hard to get a job in an industry still working in retail, so we are

:07:44. > :07:48.not progressing from what we were doing when we were teenagers. For

:07:49. > :07:51.me, trying to get that graduate job has pushed me into trying to create

:07:52. > :07:55.my own business and do things for myself. How do you feel about the

:07:56. > :08:00.economy. On the one hand obviously you have had it tough, been finding

:08:01. > :08:03.it difficult to get work but on the other hand you are setting up a

:08:04. > :08:08.business, so is there optimism there? I am hoping it gets better.

:08:09. > :08:12.Everybody can set up their own business, that's the reality of it.

:08:13. > :08:15.For me, what I hope is that the economy will get better. Obviously I

:08:16. > :08:19.am going to need it once the business is set up. But for all the

:08:20. > :08:24.other people who are my age who can't get a start in life, we can't

:08:25. > :08:27.think about renting at the moment, because renting is so high and

:08:28. > :08:32.property prices are so high we can't think about being able to buy our

:08:33. > :08:36.own house because we haven't got the jobs to save, so that makes me

:08:37. > :08:40.worried at the moment but I am optimistic that things will get

:08:41. > :08:45.better in the future because it has to. Otherwise we are all screwed!

:08:46. > :08:49.Mick, I hope you don't mind me saying you are 50 and you are still

:08:50. > :08:55.trying to get your foot on the property ladder. I am disabled and

:08:56. > :09:01.spent most of my life in social housing and I need an adapted flat.

:09:02. > :09:04.With the housing bill about to come in, if that comes off the ground

:09:05. > :09:07.people like me will be forced out of social housing because we earn over

:09:08. > :09:10.the minimum that you are allowed to earn before you start paying extra

:09:11. > :09:20.rent. Then what happens is you have to try and move into the buying

:09:21. > :09:24.market. I have -- - I have been saving. How long? Every five years

:09:25. > :09:27.and every time I get enough the housing market moves out of my

:09:28. > :09:31.reach. That must be frustrating. It is frustrating. I have discovered

:09:32. > :09:37.fun stuff today about mortgages that I didn't realise so I shall be in

:09:38. > :09:42.touch with you later, but for me the worry about the economy is troubling

:09:43. > :09:49.as well for my business because I advise business on how to increase

:09:50. > :09:52.their client base with an eye to diversity and bringing in a diverse

:09:53. > :09:57.client base and people like me are the first to go when people want to

:09:58. > :10:00.tighten their belts. Are you feeling vulnerable right now? I am worried

:10:01. > :10:04.that if there is this panic about the economy, that it might affect

:10:05. > :10:10.me. On a broader term, of course... Are you seeing it affecting you or

:10:11. > :10:15.is it a fear? My business has grown every year that I have been running

:10:16. > :10:22.it, actually I don't feel it but I know that a lot of the people that I

:10:23. > :10:26.deal with panic when they - a lot of people I work with are in retail, if

:10:27. > :10:28.they feel there is going to be a contraction of the economy they

:10:29. > :10:33.worry about future plans and pull back. Before we talk to you about

:10:34. > :10:37.the housing market, a quick thought from Chris on panic. It's catching,

:10:38. > :10:41.isn't it? We were seeing in the report the bear markets, once fear

:10:42. > :10:48.sets in, wherever it is, it can spread easily. Yeah. So far, these

:10:49. > :10:52.falls have been not accompanied by extreme panic. Some commentators see

:10:53. > :10:57.that negatively in the sense that's potentially still to come and they

:10:58. > :11:01.won't feel as though there's been the cleansing until we have had that

:11:02. > :11:05.phase. But I think with an eye to the economy, as we stand at the

:11:06. > :11:10.minute, there is no reason to panic on the economy. Clearly, there is

:11:11. > :11:13.always a risk we could talk ourselves into a recession, that is

:11:14. > :11:17.possible. But I think there are enough level heads around and the

:11:18. > :11:22.underlining state of the UK economy, the European economy and the US

:11:23. > :11:27.economy, is pretty good. Clearly the question marks are more global and

:11:28. > :11:30.whether those global turbulence could undermine the growth and

:11:31. > :11:34.recoveries in the developed markets, that's the risk, I think. David,

:11:35. > :11:39.Mick has already been picking your brains before you joined us in the

:11:40. > :11:45.studio, you are a mortgage broker. He has been struggling to get on the

:11:46. > :11:49.property ladder. But new figures indicate that mortgage lending is

:11:50. > :11:55.going up, doing well. We had the problem when the banking crisis

:11:56. > :12:00.started all the lenders ran for the hills and were reluctant to lend

:12:01. > :12:04.money. Now things are beginning to soften up. The credit scoring is

:12:05. > :12:08.getting easier... Is that a good thing? It is for the right people.

:12:09. > :12:14.What we had before was lots of people that didn't earn the money

:12:15. > :12:16.they said they were earning, a lot of self-certification mortgages

:12:17. > :12:19.going on. They should probably have never happened in the first place

:12:20. > :12:23.for many. What's happening now is the people borrowing the money are

:12:24. > :12:28.the right people that should be borrowing. We have to show more

:12:29. > :12:31.documentation more, they want pay slips and bank statements, if there

:12:32. > :12:34.is nothing to hide there is no reason why you shouldn't get a

:12:35. > :12:38.mortgage. This year we are seeing more 95% mortgages and rates coming

:12:39. > :12:42.down on 95% mortgages so indicators are there. Also the buy-to-let

:12:43. > :12:46.problem in terms of the people buying there have to pay a higher

:12:47. > :12:51.stamp duty from April. A lot of buy-to-let landlords are trying to

:12:52. > :12:54.quickly buy but I think post-April when that - they're not buying any

:12:55. > :12:58.more we have a chance for the proper first-time buyers to come in at the

:12:59. > :13:02.bottom of the market and start things going so it will give people

:13:03. > :13:06.a chance now who have saved a deposit, and that's the hard bit,

:13:07. > :13:09.but people won't be competing with the buy-to-let landlord going in

:13:10. > :13:13.there and paying cash or get ago small mortgage. Have things changed

:13:14. > :13:21.enough for the same mistakes not to be repeated again? I really hope so.

:13:22. > :13:24.Because the ability to get credit or a mortgage, the easier that is, it

:13:25. > :13:28.fuels the market. It's like a commodity, a house. If you have a

:13:29. > :13:32.high demand and people are able to borrow more and more and this is the

:13:33. > :13:35.problem with Northern Rock, at one point they were lending 125%

:13:36. > :13:40.mortgages to people. They crashed and burned, unfortunately. We don't

:13:41. > :13:44.want to see that again. We want responsible lending, lent to the

:13:45. > :13:48.right people and the housing market should calm down and bit so people

:13:49. > :13:52.can afford to buy when income goes uppen not feeling afraid like you

:13:53. > :13:56.are that the house prices are going up quicker than income is so you

:13:57. > :14:01.will get left behind. In the UK we have this thing where we feel we

:14:02. > :14:06.have to own a house. The Englishman's home is his case

:14:07. > :14:12.Castle. -- Castle. A lot of people want to own a property, that's what

:14:13. > :14:17.we do. House prices in the south-east are so ex-orbitant now,

:14:18. > :14:22.it's the single biggest thing I hear from my staff, is I can't afford to

:14:23. > :14:24.buy a house around here. People are encouraged to borrow probably more

:14:25. > :14:29.than they can afford because they're desperate to get on the ladder. If

:14:30. > :14:31.you say rent to them, they feel they're throwing money away every

:14:32. > :14:36.year instead of investing for the future. But also that it will get

:14:37. > :14:42.harder to get on the ladder so they feel if they don't do it now they're

:14:43. > :14:46.going to get left out forever. And wages, you talk about employees,

:14:47. > :14:51.wages are increasing but nothing like at the level needing to keep

:14:52. > :14:55.pace with the housing market. Wages have been rising in line with

:14:56. > :14:59.inflation which has been low but how prices have increased significantly

:15:00. > :15:03.more than that. You look at other countries where this has happened

:15:04. > :15:06.and you get two-tier markets, if you are a resident or born there you get

:15:07. > :15:10.a different opportunity to buy houses. If things carry on as they

:15:11. > :15:16.are at the moment, we are going to end up with that system in London.

:15:17. > :15:24.April, you are the youngest. You are starting out with your company. You

:15:25. > :15:30.are talking about the way that you and your contemporaries leaving

:15:31. > :15:37.university see things. Do you feel generally optimistic when you look

:15:38. > :15:42.to the future? Yes and no. I am optimistic because I feel as though

:15:43. > :15:47.I have to be. But when I do look at house prices and the rental market

:15:48. > :15:53.and at the jobs out there, that deflates me at times. It is really

:15:54. > :15:59.hard. I feel that sometimes the younger generation gets ignored. We

:16:00. > :16:08.think people in middle age are able to buy a house. Whether or not it is

:16:09. > :16:11.95% mortgages. But we forget that my generation actually needs to get

:16:12. > :16:19.these opportunities, we need to get the jobs and we need to get our own

:16:20. > :16:23.houses that we can live in. In a year's time if we are not working

:16:24. > :16:27.and earning money now, how can we pay for pensions? What will happen

:16:28. > :16:31.to the economy in the future? That is what worries me. That my

:16:32. > :16:36.generation will get left behind and in years to come it will erupt for

:16:37. > :16:41.the generation below us and the generation above us. I have the same

:16:42. > :16:49.feeling about the disabled community. If the economy looks like

:16:50. > :16:55.it is going to contract, and we have been heavily targeted by austerity

:16:56. > :16:59.already, I am lucky because I work. Those who do not work in the

:17:00. > :17:08.disabled community are really penalised. We must not allow our

:17:09. > :17:09.jitters to lead to more austerity. We need the economy to grow. Thank

:17:10. > :17:11.you. Still to come before 11.00am:

:17:12. > :17:14.There's evidence that one in six rented homes in England is failing

:17:15. > :17:16.to meet basic standards. Now the Government is promising

:17:17. > :17:19.money to crack down Europe's migrant crisis is putting

:17:20. > :17:42.the the European Union itself at grave risk, according

:17:43. > :17:45.to the French Prime Minister. Manuel Valls told the BBC

:17:46. > :17:50.that "our societies will be totally destabilised" if Europe took

:17:51. > :17:53.in all the refugees fleeing war Manuel Valls' comments come

:17:54. > :17:58.as the desperate effort to reach Europe leads to another mass

:17:59. > :18:01.drowning in the Aegean Sea. 21 people, including eight children,

:18:02. > :18:03.have died after two boats A search operation is underway

:18:04. > :18:15.with dozens more people missing. There has been a sharp drop

:18:16. > :18:25.in government borrowing according The government borrowed ?4 billion

:18:26. > :18:28.lower than the year before. Total borrowing stands at 74 billion,

:18:29. > :18:30.which is ?11 less than the previous year.

:18:31. > :18:33.David Cameron has ordered a crackdown on what he's described

:18:34. > :18:35.as "spurious" legal claims against members of the armed forces.

:18:36. > :18:37.He's asked ministers to consider a range of measures,

:18:38. > :18:39.including taking action against companies who pursue

:18:40. > :18:46.The Government is giving ?5 million to local councils across in England

:18:47. > :18:48.to help tackle rogue landlords who take advantage of their tenants.

:18:49. > :18:52.The extra funding will be used to carry out more raids,

:18:53. > :18:58.inspect properties and demolish sheds and prohibited buildings.

:18:59. > :19:04.More on that coming up shortly. Get in touch if you have got any faults.

:19:05. > :19:20.If you are an England fan, no more wickets in South Africa. South

:19:21. > :19:25.Africa had the better of the first morning in the final test. James

:19:26. > :19:33.Taylor's catch was no doubt the outstanding moment of the day so

:19:34. > :19:37.far. The hosts are 107-1. Novak Djokovic is on course for booking

:19:38. > :19:42.his place in the second week of the Australian open. He leads Andreas

:19:43. > :19:49.Seppi. They are in a tie-break in the third. Serena Williams charged

:19:50. > :19:57.into the fourth round with a 6-1, 6-1 demolition of her Russian teen

:19:58. > :20:03.opponent. She now faces another unseeded Russian on her quest for a

:20:04. > :20:05.seventh Australian open title. And Manchester United have had to deny

:20:06. > :20:10.reports today coming from France that they have met with outgoing

:20:11. > :20:15.Bayern Munich boss pep Guardiola about him becoming the next manager

:20:16. > :20:18.at Old Trafford. Manchester City are still favourites to recruit him. It

:20:19. > :20:18.seems he has the pick of the Premier League.

:20:19. > :20:21.That is it. There are calls for home

:20:22. > :20:24.education to be reviewed, following a BBC investigation

:20:25. > :20:26.into the death of a boy from scurvy. The eight-year-old who lived

:20:27. > :20:28.in Pembrokeshire had been An unpublished draft report shows

:20:29. > :20:31.concerns were raised with authorities,

:20:32. > :20:34.but not acted upon. Here's our social affairs

:20:35. > :20:47.correspondent, Alison Holt, He was invisible to the authorities,

:20:48. > :20:51.according to the draft of the serious case review leaked to BBC

:20:52. > :20:56.Wales. It said they knew so little about Dylan, it was impossible to

:20:57. > :21:00.even draw a pen picture. He was educated at home. The inquest into

:21:01. > :21:07.his death heard although he was registered with a GP, no record was

:21:08. > :21:11.found at him seeing a doctor or dentist from 14 months old until he

:21:12. > :21:18.died. His parents were charged with neglect after his death in 2011. The

:21:19. > :21:22.CPS dropped the charges in November 2014, deciding it was not in the

:21:23. > :21:26.public interest to continue. At the inquest into their son's death, his

:21:27. > :21:29.parents disputed that Dylan had scurvy and said he was not invisible

:21:30. > :21:37.to the outside world. The serious case review details are complicated

:21:38. > :21:41.story. It said Dylan's parents were in a lengthy legal dispute with the

:21:42. > :21:47.neighbouring council after the mother injured herself at school.

:21:48. > :21:53.The authorities were alerted about a child being taught Mac at home. --

:21:54. > :22:00.taught at home. The report says he was not known to Pembridge education

:22:01. > :22:04.officials. -- Pembrokeshire. The report concludes that the laws and

:22:05. > :22:07.regulations surrounding home education in Wales need

:22:08. > :22:11.strengthening as a matter of urgency. It goes to say that

:22:12. > :22:15.existing regulations are inadequate to ensure a child's safety.

:22:16. > :22:18.Barry Sheerman is the Labour MP for Huddersfield and the former

:22:19. > :22:19.chair of the Education Select Committee.

:22:20. > :22:23.And, from Shropshire we're joined by the author Mike Fortune-Wood,

:22:24. > :22:25.who educated his four children at home and who runs

:22:26. > :22:37.Thank you both for joining us. Barry, Pembrokeshire education

:22:38. > :22:43.authorities say he was not known to them and they have no power anyway

:22:44. > :22:48.to check up on him. What is the situation? That is a real problem.

:22:49. > :22:51.There was an attempt to bring in a bill to deal with home education

:22:52. > :22:59.just before the end of the last Labour government. That failed. Why

:23:00. > :23:08.did it fail? The Conservatives would not agree to some of the clauses.

:23:09. > :23:13.The fact is, if we get down to the sad death and our hearts go out to

:23:14. > :23:18.the friends of this little boy, Dylan, but there have been other

:23:19. > :23:21.cases like this. There was one not so long ago in Birmingham. There is

:23:22. > :23:26.nothing wrong in principle with home education. There are people out

:23:27. > :23:32.there using home education for purposes that I worry about. It is

:23:33. > :23:35.our duty as a government and as a society to make sure that every

:23:36. > :23:42.child is well-educated, safe and well. We do have a societal

:23:43. > :23:46.responsibility for that. While some home education is absolutely right

:23:47. > :23:50.for some children, most children will need to know where they are and

:23:51. > :23:55.the quality of education and support they are getting at home. The Welsh

:23:56. > :24:03.Assembly is looking at introducing some legislation. Has this shone a

:24:04. > :24:06.light on the bigger picture? Is it time to look perhaps again at

:24:07. > :24:08.introducing a bill in the House of Commons? I think it is. There was a

:24:09. > :24:15.very thorough report into this. It Commons? I think it is. There was a

:24:16. > :24:19.got a very hostile reaction from home educators, the core of them

:24:20. > :24:23.were very energetic and very eloquent in terms of the defence of

:24:24. > :24:28.home education. I don't blame them for that. But the fact is there are

:24:29. > :24:32.a lot of people now using home education. The Prime Minister was

:24:33. > :24:35.speaking this week about illegal schools. There is a document

:24:36. > :24:42.circulating up and down the country which gives you the the Tate Essonne

:24:43. > :24:48.how to prove your home educated. -- give you tips on how to prove.

:24:49. > :24:54.Sometimes it can lead to the setting up of illegal schools, sometimes by

:24:55. > :25:00.religious people, others having other motivations. These things can

:25:01. > :25:05.go together. There is an increasing concern that nobody in children's

:25:06. > :25:10.services know where many children are. And

:25:11. > :25:15.services know where many children system does. Mike, how do you see

:25:16. > :25:22.it? You represent home-schooling families. Yes. Well, I don't

:25:23. > :25:30.represent them but I do run a website that supports home education

:25:31. > :25:33.in the UK. My feelings about what Barry has just said is that home

:25:34. > :25:38.educators generally do not support the running of illegal schools. And

:25:39. > :25:45.we would not sanction that in the based. -- in the least. I don't know

:25:46. > :25:52.of anybody who actually attends such a school. I am not sure who these

:25:53. > :25:58.people are. What about the premise of education to keep better tabs on

:25:59. > :26:04.children who are home-schooled? S in all cases that we know of, children

:26:05. > :26:09.who have run into difficulties with their parents and have perhaps died

:26:10. > :26:13.or have been abused or neglected were well known by their local

:26:14. > :26:18.authorities. Even this case in south Wales, it appears that while the

:26:19. > :26:22.local authority says it had no knowledge and no way of acting, it

:26:23. > :26:26.seems to me they should have looked closer at section 47 of the children

:26:27. > :26:32.act which gives them exactly that power. You dispute the claim that

:26:33. > :26:39.the educational authorities have no power? All we know from the reports

:26:40. > :26:44.on the television and the newspapers, but apparently a head

:26:45. > :26:51.teacher and a solicitor both reported this case and no action was

:26:52. > :26:55.taken. Now you would not invoke home education regulations as to how to

:26:56. > :27:02.deal with that. You would invoke the children's act. Which is the wrong

:27:03. > :27:12.act, it seems to me. Barry Sheerman, is there not a loophole here? As a

:27:13. > :27:16.member of Parliament I spend a lot of time with the director of

:27:17. > :27:19.children's services and I talked to a lot of directors up and down the

:27:20. > :27:26.country. They are very concerned about the lack of joined up...

:27:27. > :27:30.Sometimes it is regulation but sometimes it is the link. The first

:27:31. > :27:34.time you know somebody is in trouble, a child is in trouble, is

:27:35. > :27:42.usually from the school, a perceptive schoolteacher or support

:27:43. > :27:47.worker, or a social worker or GP. When these tragedies appear and we

:27:48. > :27:51.have a serious case review, normally it is this lack of joined up

:27:52. > :27:56.thinking. The trouble is it is very difficult to have a joined up system

:27:57. > :28:04.when children do register as home educated. That is the real problem.

:28:05. > :28:09.It is very difficult to make sure that we ensure every child is

:28:10. > :28:14.well-educated, safe and secure. There is a very real need, I think,

:28:15. > :28:18.to take into account good home education, supported but make sure

:28:19. > :28:23.that what is happening at home in educational terms is of good

:28:24. > :28:30.quality. Mike, a quick response?

:28:31. > :28:35.The reason there is difficulty of a joined up thinking is that the

:28:36. > :28:39.education, home education officers and social workers do not work

:28:40. > :28:42.together as they should. There is a lack of understanding about the

:28:43. > :28:47.boundaries between the pieces of legislation. If social workers were

:28:48. > :28:55.allowed to do their jobs properly, as they should do, and home

:28:56. > :28:58.educating officers did not try to do welfare work but passed it to the

:28:59. > :29:03.social workers, we would not see these cases arising. Wouldn't you

:29:04. > :29:08.agree that we need every child to be known to the nearest school, even if

:29:09. > :29:15.they are not attending? Check where our children are so children are not

:29:16. > :29:22.vulnerable to the dreadful neglect that we have seen in some of these

:29:23. > :29:25.cases through the system. If you brought in compulsory registration,

:29:26. > :29:30.do you honestly believe those families abusing children would

:29:31. > :29:33.comply with it? All you would get is the families who are complying with

:29:34. > :29:37.all of the legislation complying with this as well. It is the

:29:38. > :29:43.families who would not comply where the abuses. Are they being properly

:29:44. > :29:45.cared for and properly educated? You won't find them by this. Thank

:29:46. > :29:51.you very much. The Prime minister of France,

:29:52. > :29:53.Manuel Valls, has warned that the European Union could be

:29:54. > :29:56.destroyed by trying to accommodate the huge number of immigrants

:29:57. > :29:58.trying to enter Europe. Speaking to the BBC,

:29:59. > :30:00.Mr Valls said member states simply could not accept all the refugees

:30:01. > :30:03.who wanted to live in Europe. More than a million migrants

:30:04. > :30:05.arrived last year - most were refugees -

:30:06. > :30:07.and thousands more were So could the refugee crisis

:30:08. > :30:10.really destroy the EU? Here's Mr Valls talking to the BBC's

:30:11. > :32:47.Chief International Correspondent, That's the French Prime Minister

:32:48. > :32:48.talking to Lyse Doucet. Plenty of reaction throughout the day on the

:32:49. > :32:54.news channel. Some people in this country have

:32:55. > :32:57.to live in terrible conditions - squalid flats, dangerous houses,

:32:58. > :32:59.and rat-infested roads. Today, the landlords that force

:33:00. > :33:01.tenants into those situations are being targeted by

:33:02. > :33:03.the Government, which is giving ?5 million to local councils

:33:04. > :33:06.across the country to find them, The cash will also allow councils

:33:07. > :33:10.to root out more "beds in sheds". Since 2011, nearly 40,000

:33:11. > :33:12.inspections have taken place in properties with over 3,000

:33:13. > :33:15.landlords facing further enforcement Let's talk about that

:33:16. > :33:21.with Vijay Bhavnani, who had a really bad experience

:33:22. > :33:25.with a private landlord; Kate Webb who is the policy director

:33:26. > :33:27.at Shelter; Richard Blanco who is a private landlord

:33:28. > :33:30.and Councillor James Murray who is the executive member

:33:31. > :33:32.for Housing at Islington Council, which is one of the councils

:33:33. > :33:42.that is getting some of this money. I said you had a bad experience,

:33:43. > :33:48.what was it like, what happened, Vijay? I rented a flat in September,

:33:49. > :33:50.2013, with no visible defects, as such. Moved in first day, woke up

:33:51. > :33:55.the next morning, opened such. Moved in first day, woke up

:33:56. > :34:04.wardrobe and the clothes were wet because the only wardrobe in the

:34:05. > :34:06.house was external and it was condensation, and as soon as winter

:34:07. > :34:10.there was black mould developing. Where it was developing? The

:34:11. > :34:15.wardrobe, kitchen, bathrooms, everywhere. We had to clean the

:34:16. > :34:19.mould every day and then we had someone coming in to just clean

:34:20. > :34:24.moulds a couple of times a week. That's kind of continued throughout

:34:25. > :34:29.the winter. And then in the summer we had Moths, carpet Moths, so it's

:34:30. > :34:35.like winter the mould obviously doesn't come through and in summers,

:34:36. > :34:39.the carpet you will see hundreds of small insects coming out of the

:34:40. > :34:45.carpet. Obviously I was on a one-year contract and I tried to

:34:46. > :34:49.leave the property but I was told by the agent that you can't leave

:34:50. > :34:55.because the clause is one year. We left that exactly after the

:34:56. > :35:01.completion of one year. What was the landlord saying? Did you discuss it?

:35:02. > :35:06.I spoke to her, she was nice, she said OK, open the windows, don't

:35:07. > :35:14.hang - dry the laundry inside and practical advice. What about

:35:15. > :35:17.concrete help and fixing it? She gave us dehumidifier, you keep it on

:35:18. > :35:26.all day and then eventually I had five of them. I wasn't able to use

:35:27. > :35:32.the wardrobes, the dehumidifier was everywhere and kept clothes in

:35:33. > :35:37.suitcases. There is no wardrobe in the house. It's pretty difficult and

:35:38. > :35:43.I read up what to do, should Gibb to the council? But I found out these

:35:44. > :35:50.are borderline with landlord and tenant, both can be held

:35:51. > :35:53.responsible. It doesn't sound like there was an antagonistic

:35:54. > :35:58.relationship, you were communicating OK about this? She was saying do

:35:59. > :36:02.this, do that, there is a problem, giving practical advice but that

:36:03. > :36:07.wasn't solving the situation. When it came to Moths there was three

:36:08. > :36:14.months left and I said, there's no point going to council or anything.

:36:15. > :36:16.Let's bring in James Murray, the Government is helping councils take

:36:17. > :36:21.on landlords not delivering properties as they should be. Your

:36:22. > :36:26.council is getting a slightly bigger slice of the money compared with the

:36:27. > :36:31.average amount, is that because there is a problem in your area? We

:36:32. > :36:37.are getting about ?100,000 to help deal with the problem of some rogue

:36:38. > :36:40.landlords. Most landlords are reasonably decent, give a good

:36:41. > :36:44.service but we need to go after those behaving badly. Now in the

:36:45. > :36:47.context of the budget in the council I serve on, we are having ?24

:36:48. > :36:52.million of cuts this year so there is not that much resource around to

:36:53. > :36:57.take all this enforcement action. Now you have ?100,000. We want to

:36:58. > :37:01.use it. Will that be a help, what difference will the money make? We

:37:02. > :37:05.can use that for extra officers to enforce against those properties

:37:06. > :37:09.where we think landlords are not behaving responsibly or well to

:37:10. > :37:12.tenants and if they don't follow the enforcement action which we insist

:37:13. > :37:18.on we can take legal action under the proceeds of the crime act.

:37:19. > :37:23.Richard, you are a landlord. One in six homes are apparently not up to

:37:24. > :37:28.scratch. It sounds like there is a lot of rogue landlords, is that

:37:29. > :37:35.fair? They are a small minority. Those figures are a bit overblown.

:37:36. > :37:41.Of course, it's in the landlord's property to keep it in in order,

:37:42. > :37:46.it's their assess. Tenants are customers. Most tenants stay at

:37:47. > :37:51.least two-and-a-half years or longer. So we are talking about a

:37:52. > :37:54.small minority of landlords who flout the law and we are very

:37:55. > :37:59.pleased to see that the Government is helping local authorities to use

:38:00. > :38:04.their existing powers to enforce and take action against landlords who

:38:05. > :38:07.aren't behaving properly. Kate, with your work at Shelter what sort of

:38:08. > :38:12.examples do you come across of people who are having problems? I

:38:13. > :38:18.mean, the worst example we come across is death, fire and similar

:38:19. > :38:22.hazards can occur if a landlord is willfully neglecting the property

:38:23. > :38:28.and that can mean, particularly with beds in sheds, in the worst examples

:38:29. > :38:33.people are dying. At the other end Vijay's example is common, where

:38:34. > :38:35.people are hunting for flat in a competitive, overcrowded market, you

:38:36. > :38:39.take something you think is going to be OK and then it's only when you

:38:40. > :38:44.move in that you start to discover these problems. What are your rights

:38:45. > :38:50.if you have signed up to a year-long commitment? This is the problem, as

:38:51. > :38:54.a renter you have few rights and you are dependent on the council to help

:38:55. > :38:57.you if you get stuck in a situation where the landlord won't make

:38:58. > :39:01.improvements and that's why today's money is welcome, we know councils

:39:02. > :39:07.are struggling to help tenants coming to them at the moment. We

:39:08. > :39:11.need to reform the law so that tenants are empowered to hold their

:39:12. > :39:15.own landlord to account. We do a lot through our website and our helpline

:39:16. > :39:19.to try and advise people on their rights and help them navigate what

:39:20. > :39:24.can be a complex and stressful process but we have to put those

:39:25. > :39:28.tools in place to help people actually get decent conditions in

:39:29. > :39:32.their home. You said it's obviously in the landlord's interest to keep

:39:33. > :39:37.properties in good condition, Richard, because it's an asset, why

:39:38. > :39:42.are some just not doing that, is it because they can't afford to do it

:39:43. > :39:45.because of the margins with rent and what the house is costing? In some

:39:46. > :39:49.cases there are pressures on landlords, we have had a huge amount

:39:50. > :39:54.of regulation brought in at the moment. I would really encourage

:39:55. > :39:59.landlords to become accredited, to join organisations like the National

:40:00. > :40:07.Landlords Association to get up to speed on that regulation. We need

:40:08. > :40:11.landlords to be good businessmen and women and to run their properties

:40:12. > :40:17.like a business. Unfortunately, there will always be a few that just

:40:18. > :40:21.don't do the decent thing. I would say in a case that we have heard,

:40:22. > :40:25.Moths and damp, are very tricky situations and it's true, there is a

:40:26. > :40:30.grey area as to whether or not the landlord or the tenant is

:40:31. > :40:35.responsible. Most landlords will do as yours did and will try their best

:40:36. > :40:41.to resolve the situation, often they can be down to the tenant lifestyle.

:40:42. > :40:45.It's a difficult to get rid of Moth, particularly if you have walled

:40:46. > :40:47.carpets, some situations are trickier than we think. Thank you

:40:48. > :40:52.for coming in to talk to us. He's perhaps one of Britain's

:40:53. > :40:53.biggest Hollywood stars and at the age of 82,

:40:54. > :40:56.Sir Michael Caine says he's not He's been speaking with the BBC's

:40:57. > :41:00.Nick Robinson about old age, class, politics and, of course,

:41:01. > :41:02.his new film entitled "Youth". Sir Michael Caine began

:41:03. > :41:05.by describing how the Italian director Paolo Sorrentino had

:41:06. > :41:15.persuaded him to make the film. My agent got a script from him

:41:16. > :41:19.saying he had written a script for me called Youth, it wasn't even

:41:20. > :41:24.called Youth at that time, and that he wouldn't do it if I didn't do it.

:41:25. > :41:30.I thought this was stunning. Then I read the script and it was a

:41:31. > :41:35.fabulous part for me. I was 81 at the time, and you don't get many

:41:36. > :41:40.fabulous parts for 81-year-olds. Called Youth but about old age. It's

:41:41. > :41:43.about old age, yeah. Where it gets the title Youth from is I have an

:41:44. > :41:47.examination to see if there is anything wrong with me and I have an

:41:48. > :41:52.appointment with the doctor to get the results. He says, I go there and

:41:53. > :41:57.he said, there is absolutely nothing wrong with you. He said, it's what

:41:58. > :42:01.we in the medical trade call youth and that's where the title comes

:42:02. > :42:08.from. There is another lovely line your character has. He is talking

:42:09. > :42:13.about old age and he says, I don't know how I got here. That struck a

:42:14. > :42:22.bit chord with me personally because I was thinking about that and I

:42:23. > :42:27.thought, I was 82 at the time, and I thought, I am 82, like ten years ago

:42:28. > :42:31.I was 36. What happened? You know, it's a mystery of just how you

:42:32. > :42:38.manage to get there and also you are still here. You know, because people

:42:39. > :42:43.say, you hear Charlie died, he was 75, but he had a good innings. Wait

:42:44. > :42:49.a minute, I haven't started batting yet. Also, men don't get old like

:42:50. > :42:56.they used to. I remember men of... Little old men talking like that,

:42:57. > :43:06.you know. And wandering around and getting up with a walking stick. I

:43:07. > :43:11.don't feel I am 82 now. I don't feel 82. Also, we all take better care of

:43:12. > :43:20.ourselves than we ever did. Everyone's living longer.

:43:21. > :43:23.And you can watch that full interview on the BBC Radio 4 -

:43:24. > :43:32.A couple of your comments through on the plans for a national terrorism

:43:33. > :43:36.memorial. A memorial for victims of terrorism.

:43:37. > :43:42.Alex has tweeted, remarkable strength shown by the relatives we

:43:43. > :43:45.spoke to earlier. Jackie has said the national memorial would be a

:43:46. > :43:50.great place, it's centrally situated in the UK. Thank you for your

:43:51. > :43:54.company. I will see you on Monday here on BBC Two, the news channel

:43:55. > :43:56.and online. Have a lovely weekend. You can watch and share all our

:43:57. > :44:02.films online. Bye. You saying you're not a tax haven?

:44:03. > :44:05.We're not a tax haven at all. You've got to please turn off

:44:06. > :44:07.the camera.