Browse content similar to 22/04/2014. Check below for episodes and series from the same categories and more!
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Good evening. club turned out to be a stalemate. | :00:15. | :00:17. | |
Good evening. The Northern Rock Foundation, which | :00:18. | :00:20. | |
has handed out more than ?2 million to hundreds of charities, is to | :00:21. | :00:23. | |
close. It says it can't strhke a deal with Virgin Money, which bought | :00:24. | :00:26. | |
Northern Rock, for future long`term funding. | :00:27. | :00:33. | |
From premature babies in Newcastle to a theatre group in Blyth, over | :00:34. | :00:36. | |
the last 16 years the Northdrn Rock Foundation has helped them `ll. Over | :00:37. | :00:39. | |
1000 charities benefited from grants. But today the news that it | :00:40. | :00:48. | |
is being wound up. Although Virgin Money's Sir Richard Branson gave the | :00:49. | :00:51. | |
Foundation his backing when he took over Northern Rock, negotiations | :00:52. | :00:54. | |
over future funding between the bank and foundation have broken down It | :00:55. | :00:59. | |
is the end of the road. It was an absolute jewel of the | :01:00. | :01:03. | |
North East. It is difficult to explain just how wonderful ht was. | :01:04. | :01:07. | |
No other company I can think of in corporate history has devotdd such a | :01:08. | :01:10. | |
high proportion of its profhts to this particular activity. It was | :01:11. | :01:13. | |
doing wonderful things, so ht is a sad day. | :01:14. | :01:19. | |
The Northern Rock Foundation was originally set up in 1997. The Rock | :01:20. | :01:23. | |
collapsed in 2008 with the financial crisis. While a buyer was found an | :01:24. | :01:30. | |
interim arrangement kept thd fundation going for the next two | :01:31. | :01:34. | |
years. Virgin Money took ovdr the Rock in January 2012 and signed a | :01:35. | :01:37. | |
deal to fund the foundation until December last year. After months of | :01:38. | :01:42. | |
negotiations though, today ht announced it's closing. | :01:43. | :01:45. | |
For people like Stuart, who runs a mental health charity in thd North | :01:46. | :01:49. | |
East and has just had a grant from the foundation, it is a sad day | :01:50. | :01:53. | |
I know many charities nowad`ys spend their reserves, just to survive | :01:54. | :01:56. | |
Unfortunately I think we will see many charities closing. There just | :01:57. | :02:02. | |
isn't the money to sustain them any more. Northern Rock going is another | :02:03. | :02:05. | |
blow to the charity sector. Virgin Money wants to continue to | :02:06. | :02:09. | |
fund the foundation, just not to the same extent. | :02:10. | :02:15. | |
We have made more than one proposal about joint projects and thdy | :02:16. | :02:20. | |
involve significant funding. One of those was equal to the amount we | :02:21. | :02:24. | |
have committed in 2014, ?1 lillion, so not insignificant. What we were | :02:25. | :02:32. | |
not able to do was commit to the levels of funding that the | :02:33. | :02:35. | |
foundation said they would require to continue their grant`givhng | :02:36. | :02:42. | |
programme. With local councils also cutting | :02:43. | :02:44. | |
financial support, today's news could leave some charities `cross | :02:45. | :02:47. | |
the region with new questions about their future. | :02:48. | :03:08. | |
A campaign to save Durham Tdes Valley Airport is to be takdn to ten | :03:09. | :03:13. | |
Downing Street. A 4,500`signature petition will be handed in later | :03:14. | :03:16. | |
this week, with campaigners calling for investment and a greater effort | :03:17. | :03:19. | |
to attract flights and passdngers. It looks like an airport, it just | :03:20. | :03:23. | |
rarely feels like one. Dailx flights to Aberdeen and Amsterdam offer some | :03:24. | :03:30. | |
activity. But the recession and the decision by low`cost airlinds to | :03:31. | :03:33. | |
move elsewhere have clearly been damaging. This couple believe not | :03:34. | :03:37. | |
enough of a fight has been put up to save the airport and attract | :03:38. | :03:39. | |
carriers back here. I think it is absolutely | :03:40. | :03:42. | |
devastating. It is like havhng an empty shop. You go in and there is | :03:43. | :03:46. | |
nothing to buy, so you are obviously not going to use it. We havd nothing | :03:47. | :03:52. | |
there. In 2006, just short of one lillion | :03:53. | :03:55. | |
passengers used the airport. But that tally has been falling steadily | :03:56. | :03:59. | |
since, so by last year just over 160,000 people used Durham Tees | :04:00. | :04:02. | |
Valley. So the airport's owners have drawn up a master plan. Thex want to | :04:03. | :04:05. | |
build hundreds of homes herd and business parks for the aviation | :04:06. | :04:12. | |
industry. Many airports are having to look at | :04:13. | :04:16. | |
widening the base of their `ctivity. Very few are surviving on aviation | :04:17. | :04:23. | |
and flying income alone. Thdy are all looking at the potentials within | :04:24. | :04:26. | |
their estates. Many other ahrports are similarly looking at property | :04:27. | :04:29. | |
development that brings valte to the airport. | :04:30. | :04:37. | |
The low`level nuclear waste store at Drigg in West Cumbria will continue | :04:38. | :04:41. | |
to operate, despite fears that the site will eventually be eroded by | :04:42. | :04:45. | |
rising sea levels. The oper`tors say that even in the worst case scenario | :04:46. | :04:48. | |
the impact on life and the environment will be insignificant. | :04:49. | :04:57. | |
The operator of the low`levdl waste repository in Drigg assumes that in | :04:58. | :05:02. | |
the next few hundred to 1000 years the site will disappear bendath the | :05:03. | :05:05. | |
advancing waves. It also assumes that no one will do anything about | :05:06. | :05:09. | |
it. Even so, it says that in this scenario, radiation levels will be | :05:10. | :05:12. | |
lower than the levels we ard already exposed to buy the environmdnt. | :05:13. | :05:20. | |
Nuclear waste is a diminishhng hazard. It decays over time and most | :05:21. | :05:24. | |
of the waste which is stored here will decay over time. So thd waste | :05:25. | :05:28. | |
any hazard go away. 20 microsieverts is really insignificant. | :05:29. | :05:38. | |
However, the Environment Agdncy says that the repository would not be | :05:39. | :05:43. | |
built on the site today. If somebody came to us now `nd said | :05:44. | :05:47. | |
that we want to put a site here we would say, from our current | :05:48. | :05:50. | |
understanding this is not the best place for it. If you can make a case | :05:51. | :05:55. | |
for it, then we will allow ht, but this is not the best place. | :05:56. | :06:02. | |
However, the Cumbrian environmental pressure group CORE says it is not | :06:03. | :06:06. | |
surprised that the issue is being played down. In a statement, it says | :06:07. | :06:13. | |
that this should be a wake`tp call to the nuclear industry's plans for | :06:14. | :06:16. | |
new build expansions and underground dumps in threatened coastal areas | :06:17. | :06:17. | |
throughout the UK. Football ` and one result from the | :06:18. | :06:26. | |
Championship tonight: Reading 2`0 Middlesbrough. No it looks like a | :06:27. | :06:30. | |
mid`table finish to the season for the Boro. Reading still in the hunt | :06:31. | :06:34. | |
for a play`off spot. That's all from us. After a | :06:35. | :06:39. | |
surprisingly lovely Easter weekend, let's get the weather prospdcts | :06:40. | :06:45. | |
Good evening. The night. A lot of cloud around. We will see some sunny | :06:46. | :07:07. | |
spells developing as we head into the afternoon. The code will thicken | :07:08. | :07:12. | |
in the West at the tail end of the day. We may see some misty | :07:13. | :07:17. | |
conditions along parts of the North East coast. Top temperature is 7 | :07:18. | :07:27. | |
Celsius. The best of the brhght spells will be in the West. | :07:28. | :07:35. | |
is not looking too bad. That's weather front. | :07:36. | :07:43. | |
It is never too early to think about next weekend and I will be doing | :07:44. | :07:48. | |
that in a couple of minutes. But we have a sizeable chunk of this | :07:49. | :07:53. | |
week's whether to go first. There are more showers, but there will be | :07:54. | :07:58. | |
spells of warm sunshine around as well, | :07:59. | :07:59. |