29/06/2012

Download Subtitles

Transcript

:00:10. > :00:16.The Governor of the Bank of England calls for a real change in the

:00:16. > :00:19.culture of British banking. He criticises the banks for excessive

:00:19. > :00:23.levels of compensation, shoddy treatment of customers and

:00:23. > :00:27.deceitful manipulation. What I hope is that everyone, everyone, now

:00:27. > :00:30.understands that something went very wrong with the UK banking

:00:30. > :00:35.industry and we need to put it right.

:00:35. > :00:40.The Chief Executive of RBS says he won't take his bonus after

:00:40. > :00:45.customers were let down by the bank's computer systems.

:00:45. > :00:48.Eurozone leaders agree a deal to get to grips with the debt crisis.

:00:48. > :00:52.Delivering a profit for the first time in four years - Royal Mail's

:00:52. > :00:57.UK postal service is back in the black.

:00:57. > :01:01.After the storms, thousands of homes remain without power as the

:01:01. > :01:06.clear-up begins. In America, it is flames they are

:01:06. > :01:09.fighting as Colorado's wildfires are declared a major disaster.

:01:09. > :01:11.There's a big rise in the number of people sleeping rough - over 5,000

:01:12. > :01:21.on our streets last year. And wildcat protests cause

:01:22. > :01:35.

:01:35. > :01:39.disruption to dozens of bus routes Good afternoon. Welcome to the BBC

:01:39. > :01:42.News at One. The Governor of the Bank of England has called for a

:01:42. > :01:47.real change in the culture of British banking. He says the recent

:01:47. > :01:52.behaviour of banks has ranged from the shoddy treatment of customers

:01:52. > :01:55.to deceitful manipulation of a key interest rate. He said some hard-

:01:55. > :02:00.working, honest people in banking had been let down by their leaders.

:02:00. > :02:05.His comments come on the day another banking boss said it

:02:05. > :02:12.wouldn't be appropriate for him to take a bonus following the recent

:02:12. > :02:16.problems with computer systems. Every day it seems to get worse.

:02:16. > :02:20.Another scandal and a new condemnation of Barclays and its

:02:20. > :02:23.Chief Executive. Last night, he said he wouldn't give in to

:02:23. > :02:27.pressure to resign after the revelation this week that Barclays

:02:27. > :02:31.had tried to rig a key interest rate in the financial markets to

:02:31. > :02:36.make money. At a press conference today, the Governor of the Bank of

:02:36. > :02:40.England didn't call for scalps but said honest bankers were being let

:02:40. > :02:46.down. Everyone now understands that something went very wrong with the

:02:46. > :02:52.UK banking industry and we need to put it right. That goes to both the

:02:52. > :02:55.question of culture in the banking industry and to the structure of

:02:55. > :02:59.the banking industry, from excessive levels of compensation,

:02:59. > :03:05.to shoddy treatment of customers, to a deceitful manipulation of one

:03:05. > :03:13.of the most important interest rates. The latest shoddy treatment

:03:13. > :03:23.is a new mis-selling scandal. This woman says her family's butchers

:03:23. > :03:27.

:03:27. > :03:34.business was one of the victims. The bank, Barclays, again. It is

:03:34. > :03:38.awful. It is killing us to the point that it is unbearable. I feel

:03:38. > :03:44.like I have lost my dignity. We have had to beg and borrow to keep

:03:44. > :03:47.up with the payments. It is a rope around my neck. I feel I'm going to

:03:47. > :03:53.get strangled. Serious failings among thousands of these sales

:03:53. > :03:56.along with loans from Barclays, HSBC, Lloyds and RBS means this

:03:56. > :04:01.compensation bill will top �1 billion. Banks didn't warn about

:04:01. > :04:05.the risks or how big the exit charges would be. What we know is

:04:05. > :04:10.that there were around 20,000 products sold and we know that

:04:10. > :04:14.these four banks sold 95% of it. What we now need to work out is on

:04:14. > :04:17.each individual case is the extent of mis-selling. The compensation

:04:17. > :04:23.won't be automatic. Each bank will appoint an independent reviewer who

:04:23. > :04:27.will decide who gets a payout and how much. It is another major

:04:27. > :04:32.embarrassment for the banks. They seem to have got themselves stuck

:04:32. > :04:37.in a disaster zone of their own making. The Chief Executive of RBS

:04:37. > :04:42.has said he won't pick up his bonus this year after RBS and NatWest

:04:42. > :04:49.customers weren't able to use their accounts for several days. The TUC

:04:49. > :04:56.has joined calls for a public inquiry into banking. Waheeda

:04:56. > :05:00.Bashir says all she wants are banks she can trust.

:05:00. > :05:03.The Shadow Chancellor has called for an independent inquiry into

:05:03. > :05:08.banking. Norman Smith is in Westminster. How much pressure is

:05:08. > :05:12.the Government now under to do something about all this? Well, the

:05:12. > :05:16.Government are promising to legislate to close some of the

:05:16. > :05:20.loopholes exploited by unscrupulous bankers. They are saying those at

:05:20. > :05:25.the top must be held accountable and the Serious Fraud Office could

:05:25. > :05:28.still prosecute rogue traders. My sense is that still doesn't go far

:05:28. > :05:34.enough to assuage mounting public and political anger where there is

:05:34. > :05:38.a growing demand for a Leveson- style inquiry into the conduct and

:05:38. > :05:43.practices of British banks, a move supported by the Shadow Chancellor,

:05:43. > :05:48.supported by the TUC, supported by senior Liberal Democrats. There is

:05:48. > :05:53.even a petition up on the Downing Street website calling for an

:05:53. > :05:58.independent, judge-led, under oath, inquiry. At the moment, the

:05:58. > :06:01.Government is resisting such a move. My sense is a bit like with the

:06:01. > :06:08.MPs' expenses' scandal, a bit like with the whole media and Milly

:06:08. > :06:13.Dowler hacking saga, there is a desire in the public for that sort

:06:13. > :06:17.of cathartic moment. There is a desire for a day of reckoning with

:06:17. > :06:21.the banks. Eurozone leaders have approved new

:06:21. > :06:26.measures to try to end the crisis in the eurozone following overnight

:06:26. > :06:30.talks in Brussels. They have agreed to send money to struggling banks

:06:30. > :06:34.without it adding to the debts of individual governments. Herman Van

:06:35. > :06:40.Rompuy described the measures as a breakthrough and stock markets rose

:06:40. > :06:46.sharply on the news. Chris Morris is in Brussels for us now.

:06:46. > :06:50.Hello. It was 4.30am when eurozone leaders finished a marathon meeting

:06:50. > :06:55.which be tpwan yesterday. They always seem to do it the hard --

:06:55. > :06:58.which began yesterday. They always seem to do it the hard way. The

:06:58. > :07:03.economic fundamentals in the eurozone haven't changed. They seem

:07:03. > :07:08.to have taken some of the steps towards closer economic integration,

:07:08. > :07:12.the first steps, which are increasingly essential.

:07:12. > :07:16.Arriving early after a late-night, eurozone leaders talked almost

:07:16. > :07:20.until dawn to reach an agreement. Closer integration in return for

:07:20. > :07:24.taking steps to help ease the pressure on countries like Italy

:07:24. > :07:28.and Spain. For non-members of the eurozone, there was a little more

:07:28. > :07:31.sleep and a sense that progress had been made. I think the countries of

:07:31. > :07:35.the eurozone did take some important steps forward. For a long

:07:35. > :07:40.time we have been saying more action needs to be taken for short-

:07:40. > :07:44.term financial stability, more to recapitalise banks, to use

:07:44. > :07:50.firewalls, to drive down interest rates to create greater stability.

:07:50. > :07:54.So what was agreed? A single supervisory body will be set up for

:07:54. > :07:59.eurozone banks, a first step towards banking union. Once that's

:07:59. > :08:03.done, struggling banks will have access to eurozone bail-out funds

:08:03. > :08:07.without increasing government debt. Those funds will be used to buy

:08:07. > :08:11.bonds of countries under pressure from the markets with less strict

:08:11. > :08:15.conditions attached. The deal was done after Spain and Italy refused

:08:15. > :08:20.to sign off on anything, including measures to boost growth, unless

:08:20. > :08:24.Germany agreed to help them reduce their high borrowing costs. So has

:08:24. > :08:28.Angela Merkel caved in to Spain and Italy? She has certainly given them

:08:28. > :08:32.something of what they want. She has stuck with her basic principle

:08:32. > :08:37.and that is there should be more economic supervision before she

:08:37. > :08:40.agrees to loosen the purse strings. And Europe's most powerful

:08:40. > :08:45.politician seemed pretty relaxed this morning.

:08:45. > :08:48.TRANSLATION: We are sticking firmly to our clear plan, country also be

:08:48. > :08:54.assisted as long as they fulfil certain conditions. We continue to

:08:54. > :08:59.have clearly defined rules which include checks and monitoring --

:08:59. > :09:04.countries will. A significant move towards a new eurozone. Markets

:09:04. > :09:08.have reacted well. There will be challenges ahead. If the European

:09:08. > :09:11.Central Bank does become the supervisor for eurozone banks, this

:09:11. > :09:16.will result in a two-speed single market. This will mean the City

:09:16. > :09:19.will no longer be seen as an entry point for the financial market of

:09:19. > :09:27.the eurozone. British officials say they are not worried. This is all a

:09:27. > :09:32.consequence of a single currency, they argue, and "We are not in it".

:09:32. > :09:37.So alongside the short-term fixes which are needed, there are all

:09:37. > :09:41.sorts of long-term debates beginning, about sovereignty, about

:09:41. > :09:45.how much power countries in the eurozone will give up to Central

:09:45. > :09:48.European institutions. These are tough issues. They will change the

:09:48. > :09:53.relationship between the eurozone and the European Union and the

:09:53. > :09:56.nation states which take part in it. Once again, the Prime Minister has

:09:56. > :10:02.been emphasising that we wish them well, but we don't want to be part

:10:02. > :10:05.of that plan. Thank you. Stephanie Flanders joins me now.

:10:05. > :10:10.Summit after summit, have they finally come up with something that

:10:10. > :10:14.will get to grips with the eurozone debt crisis? There had been a

:10:14. > :10:18.careful effort by Chancellor Merkel to lower expectations so that

:10:18. > :10:21.people like us wouldn't be asking them to solve all the problems

:10:21. > :10:25.hanging over the eurozone. They have exceeded those low

:10:25. > :10:29.expectations by making a bit more progress than we expected in some

:10:29. > :10:33.important areas for the financial markets. The principle that you

:10:33. > :10:37.could have money injected into troubled banks in Spain without

:10:37. > :10:39.that money adding to the debt of the government in Spain, that is

:10:39. > :10:43.important. That was something that had worried people in the past

:10:43. > :10:48.about the deal that was announced a few weeks ago. But, as we know,

:10:48. > :10:52.that's only going to happen when there is a single European

:10:52. > :10:56.supervisor for all eurozone banks. It is not clear to anyone when that

:10:56. > :10:59.is going to happen. That is quite a big detail that needs to be fleshed

:10:59. > :11:03.out. Another point that people like was the fact that the rescue funds

:11:03. > :11:07.are going to be perhaps in a better position to help say Italy, which

:11:07. > :11:11.is having to pay a lot of money to borrow money, help push down that

:11:11. > :11:15.cost of borrowing by buying Italian debt in the markets. Again, we

:11:15. > :11:20.don't know how exactly - in theory they have been able to do that for

:11:20. > :11:23.a long time - how this is going to be any better. Angela Merkel

:11:24. > :11:28.looking very relaxed. How much ground has the German Chancellor

:11:28. > :11:33.had to give on this? She has had to give some ground on this idea of

:11:33. > :11:36.injecting the money into the banks. She's done so in a way that is very

:11:36. > :11:39.much a part of her principle which is that you have more control over

:11:39. > :11:42.banks, more control over governments before you think about

:11:42. > :11:45.giving them more money. It is very important to note one of the things

:11:45. > :11:49.we have talked about a lot, will they have more collective

:11:49. > :11:52.guarantees of government debt? That is not mentioned at all in this

:11:52. > :11:58.statement. It was quite clear from all Chancellor Merkel's comments

:11:58. > :12:01.this week that she wasn't going to budge an inch on that.

:12:01. > :12:07.Two members of the Basque separatist group ETA have been

:12:07. > :12:10.arrested in West London. 55-year- old Anton Troyteenio and 39-year-

:12:10. > :12:13.old Ignasio Lereen were wanted in connection with alleged terrorism

:12:13. > :12:18.offences committed in Spain. They are both believed to be senior

:12:18. > :12:22.figures within the movement. The Prince of Wales received almost

:12:22. > :12:26.�2.2 million in funding from the taxpayer during the last financial

:12:26. > :12:29.year, an increase of 11%. Accounts from Clarence House show that the

:12:29. > :12:33.cost of travel for the Prince and the Duchess of Cornwall to attend

:12:33. > :12:38.official engagements rose by more than 20%. The Prince's private

:12:38. > :12:42.funding from his estate also increased by more than �18 million.

:12:42. > :12:48.Thousands of people are still without power after violent storms

:12:48. > :12:51.swept across large parts of the UK yesterday. The East Coast Main Line

:12:51. > :12:54.between Newcastle and Berwick-upon- Tweed has re-opened after being

:12:54. > :12:59.closed by landslides triggered by the downpours. The clear-up is

:12:59. > :13:05.beginning in thousands of homes which were flooded. Danny Savage is

:13:05. > :13:11.in Newcastle. What a difference less than a day

:13:11. > :13:14.can make. It looks like a normal suburban street. The people in

:13:14. > :13:17.their high-visibility jackets give away that something quite serious

:13:17. > :13:20.happened here yesterday. 50 homes in this street were washed-away.

:13:20. > :13:29.The sort of weather conditions that people living here say they have

:13:29. > :13:34.never seen in their lives before. This street in North Tyneside

:13:34. > :13:38.turned into a torrent last night. The mighty river at number 56!

:13:38. > :13:43.After a deluge overwhelmed the local neighbourhood. Here, you

:13:43. > :13:53.needed boats to get around. Although some made the most of the

:13:53. > :13:57.conditions. This morning came the clean-up. This lady has spent

:13:57. > :14:03.�30,000 improving her mother's home. Now she will have to do it all

:14:03. > :14:07.again. I have lived here since I was seven - 40-odd years ago - and

:14:08. > :14:13.it has never, ever flooded. It's never been subject to flood.

:14:13. > :14:21.Nothing like this has ever, ever happened. I don't really believe my

:14:21. > :14:27.eyes. Dozens of schools in North East England are closed today as

:14:27. > :14:31.classrooms ended up under water. This was one school in Whitley Bay.

:14:31. > :14:37.There was travel chaos for thousands including rail passengers

:14:37. > :14:41.trying to get to and from Scotland on the East and West Coast Main

:14:41. > :14:51.Lines. Unbelievable. 15 and a quarter hours to travel from London

:14:51. > :14:58.on a train. Fire, rain, landslides. I have never known anything like it.

:14:58. > :15:01.All the problems were caused by short-lived but violent storms.

:15:01. > :15:08.Lightning was widespread. Weather experts say yesterday's conditions

:15:08. > :15:14.were some of the most severe imaginable in the UK. There was

:15:14. > :15:18.even a tornado seen here sweeping across fields in Lincolnshire.

:15:18. > :15:28.Today, though, is about picking up the pieces, ruined by the flash-

:15:28. > :15:31.floods and working out if the People here have seen understanding

:15:31. > :15:35.about what happened and acknowledged that these were freak

:15:35. > :15:41.weather conditions and nobody is necessary to blame. The water just

:15:41. > :15:46.came and went very quickly. But the clear-up operation will continue

:15:46. > :15:53.for a few days yet. Our Scotland correspondent is at

:15:53. > :15:59.Waverley station in Edinburgh. What is the situation there? As things

:15:59. > :16:03.are slowly starting to get back to normal, but there has been a very

:16:03. > :16:08.difficult 20 or so hours for people trying to travel on the main East

:16:08. > :16:13.and West Railway routes in and out of Scotland. There has been

:16:13. > :16:17.cancellation, disruption and delays. We heard about that almost biblical

:16:17. > :16:22.15 hour journey up the East Coast main line, when people on one train

:16:22. > :16:26.were trapped by floods, and then by landslides. They were forced to go

:16:26. > :16:30.back part of the way, then they travelled north and had a fire on

:16:30. > :16:35.their train. A pretty miserable journey. People who turned up here

:16:35. > :16:41.this morning to get trains on the east coast routes from Edinburgh to

:16:41. > :16:45.King's Cross turned up to discover that when the weather had closed

:16:45. > :16:50.the route between Berwick and Newcastle, where trains usually run

:16:50. > :16:57.every half-hour. Many had their plans disrupted. There were

:16:57. > :17:01.alternative ways by going to Glasgow, but we are told hundreds

:17:01. > :17:05.of engineers have been working on the routes overnight and into the

:17:05. > :17:10.morning. In the last hour, those landslides on the east coast have

:17:10. > :17:16.been cleared and the train services have now resumed, albeit on an

:17:16. > :17:20.hourly basis. It is not just travel that has been disrupted. Another

:17:20. > :17:24.victim of the weather is Coventry's Godiva Festival, the largest free

:17:24. > :17:29.festival in the UK, which has been cancelled. Our correspondent is

:17:29. > :17:33.there. If yes, this is the latest in a summer of soggy

:17:34. > :17:39.disappointments. The decision has been made to cancel the festival.

:17:39. > :17:42.Here, you can see why. There is mud everywhere. This as the backstage

:17:42. > :17:48.area, and late last night, the organisers were hoping they could

:17:48. > :17:53.still get away with holding the festival, and it is fairly dry now,

:17:53. > :17:57.but there is still too much mud. People could not get on and off the

:17:57. > :18:01.site safely. It means thousands who were going to be here will now be

:18:01. > :18:05.disappointed. This comes as the Met Office has come up with the latest

:18:05. > :18:12.figures for the rainfall in June, confirming what we already guessed

:18:12. > :18:16.- it has been extremely wet, the second wettest June on record. We

:18:16. > :18:22.have had 130.1 mm of rain across the UK, just six millimetres short

:18:22. > :18:26.of the all-time record. Records go back to 1910. Those numbers do not

:18:26. > :18:29.include the reign of the last 24 hours. When we get to the end of

:18:29. > :18:33.the month, it could be that this will be the wettest June we have

:18:33. > :18:36.ever had. Our top story this lunchtime: the Governor of the Bank

:18:36. > :18:46.of England calls for a change of culture in British banking,

:18:46. > :18:47.

:18:47. > :18:51.accusing banks of treating customers shoddily.

:18:51. > :18:55.Coming up, the man who came from nowhere to Val Rafael Nadal.

:18:55. > :18:57.Later on BBC London: we hear from an east London resident who has had

:18:57. > :18:59.to leave his home after voicing concerns about surface-to-air

:18:59. > :19:09.missiles. And diamonds for a diamond queen -

:19:09. > :19:10.

:19:10. > :19:13.10,000 gems go on display to mark The world's biggest food company,

:19:13. > :19:18.Nestle, has been accused of failing to carry out basic checks on its

:19:18. > :19:21.cocoa supply chain where child labour and abuse are widespread.

:19:21. > :19:24.The Fair Labour Association, who were hired by Nestle, tracked the

:19:24. > :19:28.journey of cocoa from the poorest and most remote farms to the

:19:28. > :19:38.exporters that sold directly to Nestle. The company says it will

:19:38. > :19:38.

:19:38. > :19:43.carry out the association's recommendations.

:19:43. > :19:50.Three years, this has been a sad, but familiar scene in the Ivory

:19:50. > :19:55.Coast. Children had at pods of cocoa for the chocolate companies.

:19:55. > :20:00.In an industry worth more than �60 billion a year. Last November, they

:20:00. > :20:06.told me they barely got paid, and untreated machete injuries are

:20:06. > :20:11.common. Many children are separated from their families and Work far

:20:11. > :20:17.from home. TRANSLATION: My father sent me here

:20:17. > :20:22.to work. I have not seen my family for three years. The big household

:20:22. > :20:27.name chocolate companies by Coco that comes from places like this.

:20:27. > :20:32.Last year, Nestle commissioned an independent auditor to find out the

:20:32. > :20:36.exact details. The investigators discovered that there had been

:20:36. > :20:42.multiple serious violations of Nestle's own company code on child

:20:42. > :20:45.labour, safety and other issues. Ten years ago, Nestle and other

:20:46. > :20:50.chocolate companies signed a protocol promising to act against

:20:50. > :20:57.child labour. Activists are now impatient at the lack of results.

:20:57. > :21:02.If this was happening here, we would do something now, today. This

:21:03. > :21:08.is an intolerable situation to continue for a month longer, a

:21:08. > :21:13.night longer for this lad. Nestle says it will now monitor at all

:21:13. > :21:19.stages of its supply chain, such as in small warehouses like this.

:21:19. > :21:24.During the cocoa harvest, we had no difficulty finding children at work.

:21:24. > :21:32.Nestle says this goes against everything the company stands for,

:21:32. > :21:36.and tackling child labour has now become a top priority.

:21:36. > :21:41.The parents of a two-year-old boy who died in an explosion on Tuesday

:21:41. > :21:44.have been paid tribute to their son. Jamie Heaton's parents said he was

:21:44. > :21:48.unique and they would miss everything about him. Michelle and

:21:48. > :21:51.Ken Heaton have been visiting the street where they lived, and where

:21:51. > :21:54.messages and flowers are being left for their son.

:21:54. > :21:57.Royal Mail's UK postal business has returned a profit for the first

:21:57. > :22:01.time in four years. It helped the group's overall profits rise to

:22:01. > :22:08.�211 million, up from �39 million last year. Our industry

:22:08. > :22:12.correspondent joins me now. How have they done it? Royal Mail

:22:12. > :22:16.actually makes most of its profits outside the UK. But traditionally,

:22:16. > :22:23.those profits are pulled down by losses here at home. But for the

:22:23. > :22:26.first time in four years, it has made a profit with its core UK

:22:26. > :22:31.business by driving through a modernisation plan. A lot of

:22:31. > :22:36.automation is going into it, sorting mail. This is having an

:22:36. > :22:41.impact on staff. It lost 4000 people over the past year. So that

:22:41. > :22:46.is cutting its overheads. It has also been allowed to put up the

:22:46. > :22:52.prices for the service it provides. Stamp prices increased last year.

:22:53. > :22:57.Royal Mail says overall, its profit margin is still low compared to

:22:57. > :23:00.others, but it said it is on its way to restoring the group's

:23:00. > :23:04.financial health, which is good news for the Government, because it

:23:04. > :23:07.is government policy to see Royal Mail either privatised or for

:23:07. > :23:11.somebody to come in and take a stake in the business perhaps as

:23:11. > :23:14.early as next year. In Wimbledon, tennis fans have been

:23:14. > :23:18.getting over one of the biggest upsets in the tournament's recent

:23:18. > :23:22.history after the number two men's seed Rafael Nadal was defeated by

:23:22. > :23:26.Lukas Rosol, who was playing at Wimbledon for the first time.

:23:26. > :23:32.Nadal's early exit has of course raised hopes that this could be

:23:32. > :23:37.Andy Murray's year. Kathryn Dowse is at Wimbledon. Rafa himself said

:23:37. > :23:42.last night that this was only a tennis match, but it is hard to

:23:42. > :23:46.downplay what an upset Lukas Rosol caused. He completely outplayed

:23:47. > :23:50.Nadal. It is disappointing for the fans that they will not see the

:23:50. > :23:53.wonder that Rafa can be on court any more, but it has opened up hope

:23:53. > :23:58.that Andy Murray could have his year.

:23:58. > :24:02.There is a change in the air at Wimbledon today. It is cooler, and

:24:02. > :24:10.it feels unsettled. Perhaps that is because one of the biggest stars in

:24:10. > :24:16.tennis went out last night. Under the bright lights of Centre Court,

:24:16. > :24:23.Nadal looked dazzled. The two-time champion had no answer to Lukas

:24:23. > :24:28.Rosol's blistering groundstrokes. Until yesterday, who had heard of

:24:28. > :24:32.Lukas Rosol? He was playing his first ever Wimbledon, having only

:24:32. > :24:36.won 18 matches on tour in his career. He had nothing to lose, and

:24:36. > :24:46.no one is more surprised than him. He is a superstar, and I am very

:24:46. > :24:50.sorry for him. I played unbelievable today. So... Yeah. I

:24:50. > :24:54.hope I can play one more match like this. If the seedings go to plan,

:24:54. > :24:59.Andy Murray is now expected to go through to the final. Nadal was

:24:59. > :25:03.supposed to be his biggest obstacle. It should highlight the fact that

:25:03. > :25:11.there are a lot of dangerous players. Rafa is one of the

:25:11. > :25:16.greatest champions. Raphael has gone. Is his conqueror now the

:25:16. > :25:20.biggest threat in the draw? Every so often, it takes a big upset to

:25:20. > :25:23.show the players but even against the superstars, they, too, can dare

:25:23. > :25:28.to dream. Will dreams come true for Britain's

:25:28. > :25:36.Heather Watson? She has her own Goliath to slay on Centre Court

:25:36. > :25:40.this afternoon. She faces the No. 3 seed here and the five-time grand-

:25:40. > :25:50.slam quarter-finalist. But if Lukas Rosol can do it, surely Heather can,

:25:50. > :25:53.

:25:53. > :25:56.too. China's latest manned spaceflight

:25:56. > :25:58.has returned successfully and safely to Earth. The three crew

:25:58. > :26:01.members landed in Inner Mongolia earlier this morning. The

:26:01. > :26:03.astronauts, including China's first woman in space, had docked with an

:26:03. > :26:06.orbiting laboratory during a 13 day mission. The country's premier

:26:06. > :26:09.hailed it as a "complete success". President Obama has declared the

:26:09. > :26:11.state of Colorado a disaster area following wildfires which have

:26:11. > :26:14.forced thousands from their homes. Thousands of firefighters are

:26:14. > :26:21.attacking the blazes, which are the worst in the state's history. It is

:26:21. > :26:26.thought it will be weeks before the fires are brought under control.

:26:26. > :26:31.From a distance, it looks like the molten lava of a volcano,

:26:31. > :26:37.destroying everything in its path. The wall the Kenyan wildfire is

:26:37. > :26:42.living up to its name, just as destructive, refusing to be tamed.

:26:42. > :26:47.There are 20,000 homes in its path. This is unbelievable. It is all the

:26:47. > :26:52.way down the hill, dude, look at this. So from above, the

:26:52. > :26:57.destruction becomes brutally clear. Rows of houses reduced to

:26:57. > :27:01.smouldering ashes. Nearly 350 homes had been destroyed, with only 15%

:27:01. > :27:07.of the fires under control, strong winds hindering firefighters'

:27:07. > :27:12.efforts. I was standing by my apartment, and you could see the

:27:12. > :27:18.fire coming down the hill. I could not grasp that it was real. As soon

:27:18. > :27:28.as the wind picked up, it was horrible. Everyone was coughing.

:27:28. > :27:44.

:27:44. > :27:48.Now the fires have clinched their The weather is giving some respite.

:27:48. > :27:58.Rescue teams have a chance to recover and prepare a case the

:27:58. > :27:58.

:27:58. > :28:02.There has been some extraordinary extreme weather. No wildfires here,

:28:02. > :28:08.but some American justice for sure. Welcome to tornado alley in

:28:08. > :28:13.Lincolnshire. Thank you to Sarah for sending in this video. It is

:28:13. > :28:17.quite dramatic. You can see how that twister ravaged parts of

:28:17. > :28:23.Lincolnshire yesterday. It takes rare ingredients to produce a storm

:28:23. > :28:28.like this. Let me show you what happened yesterday. Ingredient

:28:28. > :28:32.number one - warm, moist air coming off the near Continent. We almost

:28:32. > :28:38.hit 30 degrees in London. That humidity stored near the surface

:28:38. > :28:44.like a loaded gun. The trigger came from cold air above. That

:28:44. > :28:47.combination of warm and cold air made storms explode into life. The

:28:47. > :28:52.worst of the storms were over the Midlands yesterday morning. There

:28:52. > :28:56.was a dramatic thunderstorm, which sadly brought that fatality across

:28:56. > :29:01.Shropshire. The storm brought the flooding. There were other stone

:29:01. > :29:06.clusters across north-east England, giving further dramatic flooding.

:29:06. > :29:12.That has pushed out of the way. The instability and the warmth have

:29:12. > :29:14.gone. We have fresher south- easterly winds now. Much cooler.

:29:14. > :29:20.Still some slow-moving thunderstorms, but not the dramatic

:29:20. > :29:30.beasts we saw yesterday. Northern Ireland catches a shower or two,

:29:30. > :29:32.

:29:32. > :29:36.but drier here. Some sunshine in between. For Wimbledon, we might

:29:36. > :29:42.see a few more interruptions, Brum but any showers should not last

:29:43. > :29:46.long. Cool everywhere. It stays cool tonight as well. But then more

:29:46. > :29:49.clusters of rain develop across southern and eastern parts of

:29:49. > :29:54.England, perhaps into the Midlands as far north as Yorkshire by the

:29:54. > :29:58.end of the night. It could be a damp start across central and

:29:58. > :30:04.eastern areas. That rain should gradually fade away and move into

:30:04. > :30:10.the North Sea. But then the showers get going again, moving west on

:30:10. > :30:18.that stiff breeze. They will probably take all afternoon before

:30:18. > :30:23.arriving. It will be a cooler day. As we go into the new month, don't

:30:23. > :30:28.expect the weather to change. It stays very unsettled. But briefly

:30:28. > :30:34.on Sunday, the weather is settling down. Still showers across northern

:30:34. > :30:39.areas, but further south, it will be drier and will feel pleasant. On

:30:39. > :30:44.balance, Saturday is the better of the two days, with sunshine. By

:30:44. > :30:48.Sunday, things will turn showery. A reminder of our top story: the

:30:48. > :30:58.Governor of the Bank of England calls for a change in culture in

:30:58. > :30:59.

:30:59. > :31:02.I hope everyone now understands that something went very wrong with

:31:02. > :31:05.the UK banking industry, and we need to put it right.