frank, the hole in the pension scheme was measured at around £571 million. sir philip green has come up million. sir philip green has come up with 363 million of which still leaves a massive hole. yes but that 570 figure was to buy out the pensions with a company like that belonging to steve. i was more than anxious to push that because if someone anxious to push that because if someone told developer needed £400 he would have settled for £200. while pensioners are better off, they will get their pension in full, they will get their pension in full, the pension will be increased at a lower rate of inflation and if sir philip had not behaved in this way and if we had not seen the bhs brought down into the dust. so i hope the pensioners will see it as a good move. but it is only the beginning and sir philip by running bhs like this has opened a pandora's

box and there major reports still to come in and all could be deeply critical of him. so while i hope pensioners feel it is not too bad a deal, the public judgment pensioners feel it is not too bad a deal, the publicjudgment on sir philip has still to come when those other reports are in. are you then saying that despite the trustees of the two pension funds being happy with the settlement, you are suggesting sir philip could still perhaps lose his knighthood?” suggesting sir philip could still perhaps lose his knighthood? i think knighthood might be quite small in all of this. the business department has a couple of reports from the liquidators from example, on the colla pse liquidators from example, on the collapse of this great company. the serious fraud office has investigated and the revenue has arrested dominic chappell, released of course, but may be pushing charges there and so we may see

dominic chappell and others in court. so as i say, pandora's box has been opened. the sad fact is that sir philip could have done this on the first day, could have walked away smelling of roses. he could have perhaps been even more generous to pensioners and ending —— they need not have been put through this and we may even have been able to rescue many of those jobs. but the judgment on sir philip has yet to come but ijust hope the pension regulator deal with philip in a way that pensioners feel is fair. it is the biggest settlement that she has able dad that she has been able to wring out of anyone so well done to her. this is a sorry state of affairs that this ever could have happened and that peoples futures we re happened and that peoples futures were pretty much destroyed by the way the whole business was conducted. lessons have got to be learned. what is now in place to

stop this kind of thing happening again question the short answer is nothing has changed. the government produced a green paper last week with some ideas for change. in my opinion frank field and his committee have done a superb job to put moral pressure on sir philip and i would want to thank them if i was a bhs pensioner but nothing yet has changed. we note the regulator has not got the powers they need and simple things like the takeover of war£1, simple things like the takeover of war £1, the regulator did not even have the right to know about that let alone block it. —— the takeover for £1. and the pace of change is quite slow, a green paper last week, a consultation, we are still at risk. so you could have a business, there could be a business out there losing a lot of money, the private owner decides he's going to get rid of it just to owner decides he's going to get rid of itjust to get it off his or her hands, sell it for £5, and as a result shift the pension liabilities

and all the other costs and this could happen again? it could. what then happens is the regulators use then happens is the regulators use the powers they had to get the money back but it takes a long time. and asa back but it takes a long time. and as a pensioner waiting for all this time, the idea but we should give sir philip a pat on the back for paying this money would be observed. many firms every day of the year pay the money they should pay to their pension fund on time and we should not be thanking someone who has dragged the site for too long. and the way that bhs was managed towards the way that bhs was managed towards the end, that has got to be looked into. -- drag this out. in the glory yea rs into. -- drag this out. in the glory years when bhs made big profits, sir philip and his family took those profits out in dividends. and that has got to change. frank, the better —— the pension protection fund would have given folk in this pension scheme that bhs even less money than sir philip has put forward. does that need to be looked at # i think

the funding of it longer term with so the funding of it longer term with so many occupational schemes in difficulties, genuine difficulties, it would be foolish not to look at that. but i agree with steve on the main points he was making. 0ne that. but i agree with steve on the main points he was making. one is this probably sadly is not going to bea this probably sadly is not going to be a one—off affair. and therefore the government green paper ought to be much more proactive in its thinking about what legislation should be brought forward. and then secondly, how do we ensure that private companies, and bhs was a private companies, and bhs was a private company, employing thousands of people with 20,000 pensioners, 11,000 people. and could be governed inaas 11,000 people. and could be governed in a as though we had napoleon doing what you wanted. and rather impressive people just doing as they

we re impressive people just doing as they were told by sir philip green. now the prime minister says she's looking at this. the committee which ichair looking at this. the committee which i chair have written to her giving recommendations for reforming the governance of private committees and suggesting she holds a meeting at downing street with good companies who are private companies who know how to behave. so that she can very quickly set down what the new governance rules should be. notjust for those good companies but for every company. so i totally agree with steve, there is a mega reform programme on a number of fronts here, but sir philip has now opened a pandora's box on himself and we have got probably for reports to come which might catch by tail. steve, as a former pensions minister, what should your former department be doing now? moving more

quickly. it is fine to have discussion documents and ideas but i know from experience the years it ta kes to know from experience the years it takes to move from to actually get regulations in place. these need to be toughened. thank you both. the families of british tourists killed by an islamist extremist, in tunisia, will bring a civil case against the travel company tui, which organised their holiday there in 2015. earlier a coroner in london said thirty british holidaymakers were unlawfully killed — but he couldn't find tui guilty of neglect, because that would imply "a gross failure" on its part. a lawyer for some of the families, demetrius danas, says the inquest has revealed a litany of failures. the families are believed this part of the proceedings is over. they're going to take a couple of days to rest. it has been an ordeal for them. they will come back and continue theirfight them. they will come back and continue their fight for justice in the civil courts. just tell us what

exactly it is that thomson holidays, tui, failed to do in your view that you think it is worth pursuing them in the courts. we heard evidence during his proceedings of a litany of failures but we heard there was a lack of warning to the families, to other customers, of the escalating threat of terrorism into his ear. there was a lack of security personnel at the hotel. there was a lack of cameras, even the cameras they had come at some of those were not working. there was a failure to have a proper evacuation procedure. all of these errors are matters which our clients are concerned about and want to pursue their fight for justice forever. about and want to pursue their fight forjustice forever. so as you see at it is a fight forjustice but it could take perhaps years in the courts. u nfortu nately could take perhaps years in the courts. unfortunately cases can sometimes take a long time. i they disappointed but the coroner was not more supportive of their case then, that there was neglected by the holiday companies that might neglect

in criminal proceedings is different to negligence in civil proceedings and my clients are happy with the investigation and would like to proceed in the civil courts. the tunisian ambassador to the uk has been disputing some of the coroner's findings, and claims that tunisian authorities are being treated harshly. they really were not prepared. when we talk about the museum and sousse attacks, we said we were not prepared. we were prepared to receive guests but not for such an attack. i would also like to add, to understand something, you can also make some other comparisons. 0peration make some other comparisons. operation is worse than what happened in tunisia have happened after sousse and the attack elsewhere in europe america. and we

not seeing such judgments on those operations, on the reaction of the police in those countries. and some of them are very sophisticated countries with very sophisticated police systems etc. so yes, we think we're treated a bit unfairly in this whole perception, the perception is not very coherent with the reality of tunisia. we continue to suffer from this misperception. of tunisia. we continue to suffer from this misperceptionlj of tunisia. we continue to suffer from this misperception. i think. before we go to the weather we had the most active volcano in europe erupting. it has been seen for miles around. the first time it has happened this year. mount etna in

sicily has been largely dormant for the past two years. authorities have reported no danger to nearby towns and has been no disruption to air traffic. the major eruption was in 1992. time for a look at the weather. no sign of anything spring like in the forecast with quite a wintry flavour to things. most of what has been coming out of the skies has been coming out of the skies has been rained but are still a bit of snow around. and some wintry showers across the north of scotland overnight with some slippery surfaces. still some showers around for the rest of us so watch out for a bit of ice. and temperatures quite widely bound to close to freezing. some welcome sunshine around but

rain setting in across the south. quite a variety there. this is mid—afternoon and away from the far north much of scotland having a fine afternoon. similarly for northern ireland. still some rain showers across northern england. further south not looking too clever through the afternoon, damp and chilly. some of the main turning quite persistent. then heading into the night, we could see gayle is developing around exposed southern and western coasts and heavier rain turned to snow across some central areas and into north wales. so a lot going on, getting the detail right will not be easy at this range... we're keeping an eye on developments through tomorrow night. there is the possibility of some hill snow and strong wind. things slowly quietened

down during the course of thursday. still quite a blustery day with brightness across the south and to the north. but through central areas more cloud and the threat of some rain and wintry showers. temperature still low but something a little bit milder coming into southern areas at least for a time. but it is not going to last because the next area of low pressure comes in from the south west and that means another speu south west and that means another spell of wet weather. initially across southern spell of wet weather. initially across southern areas. some questions as to how quickly that rain progresses north. but much of northern ireland and scotland at least should have a better day with some sunshine. this is bbc news. i'm clive myrie. the headlines... white malco relatives of the victims shotin

white malco relatives of the victims shot in tunisia are suing the company saying they were unlawfully killed. today the coroner described the police response as shambolic and cowardly. it is in recent reports that i found the police waited, fated, they hid. —— fainted. that is that the goal —— that is unforgivable. the former owner of bhs, sir philip green, is to pay £363 million to plug the gap in the collapsed retailer's pension scheme. britain's most senior child protection police officer, says paedophiles who pose no physical threat to children shouldn't be prosecuted.