tv BBC News BBC News August 3, 2017 2:00pm-3:01pm BST
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this is bbc news, the headlines at 2pm. the bank of england leaves interest rates unchanged, but cuts its growth forecast for the uk economy. as the consequences of sterling's fall have shown up in the shops and squeezed their real incomes, they cutback on spending, slowing the economy. ajudge condemns mental health support for young people — and says the state could have blood on its hands over the case of a suicidal teenager. in five weeks into a bin strike that's left rubbish piling up on the streets of birmingham — we meet the volunteers taking matters into their own hands. feeling the heat — emergency measures are put in place, as temperatures hit record levels in many parts of europe. aiming to be a roaring success — england's women are ready to take on the host nation in their euro 2017 semi—final. the bank of england has downgraded
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the uk growth forecast for this year and next, warning that the economy will remain sluggish. its monetary policy committee has also downgraded its forecasts for wage growth. the bank left interest rates unchanged. at a quarter of 1%. our correspondent simon gompertz reports. for more than eight years, the guardian of our financial system, the bank of england, has been trying to spur on the economy by keeping interest rates at record lows and providing banks with cheap money to lend out. one day, that will have to end, but this is not that day. the anxious wait in financial markets for the monthly 12pm announcement from the bank. its base interest rate, which influences how the rates we pay move,
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to stay down at 0.25%. two out of eight on its rate—setting committee voted for a rise, fewer than last time. low interest rates are designed to keep people confident, spending and borrowing, but we know the bank is now worried about that level of borrowing it wants to moderate it and cool it slightly, so so far they have had strong words and warnings, but they haven't raised interest rates to try and hold the household in its steps. what the bank of england is watching out for when it decides how to raise interest rates is whether there is a shopping spree, whether borrowing is taking off, whether wages are increasing fast. so far, it's not now, not yet. what we do have our new forecasts from the bank on how the economy is likely to develop from here. and the bank's less optimistic. in its previous forecast in may, it said total uk production would grow this year by i.9%.
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that has been revised down to 1.7. the rate at which prices are rising, inflation, it sees as peaking at 3% in october, before falling to 2.6% in a year. today's report is sifted through for signs of how the governor, mark carney, and his team think we are doing in the wake of the financial crisis and with the uncertainties of brexit hanging over the economy. financial markets, particularly sterling, marked down the uk's relative prospects quickly and sharply. households looked through brexit related uncertainties initially but, more recently, as the consequences of the fall in sterling have shown up in the shops and squeezed real incomes, they have cut back on spending, slowing the economy. their own no clear answers. will be uk being good enough shape to withstand a rise in interest rates from the bank in a few
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months next year? some say that's what we have to be ready for. in truth, nobody knows. let's speak to john longworth, co—chair of the pro—brexit group leave means leave and former director general of the british chamber of commerce. he's in our central london studio. good afternoon. we heard that phrase again from the government brexit related uncertainty. other playing out here? first of all, the bank of england are notoriously bad at forecasting, they don't do well and have not done over the gears, so we must take it with a pinch of salt. secondly, the bank of england treasury to department do project fear, there is a concerted effort here to talk down the brexit process. thirdly and most importantly, i agree with the government and the bank of england that business confidence is lower thanit that business confidence is lower than it ought to be that that is largely because of the incompetence
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of our chancellor, who is not embracing the new economy that brexit will provide and only brexit can provide. he is instead trying to hang a poorer version of what we have now. because, many would say, the government itself is in some disarray as to the way forward? they are, in some disarray. the best way of resolving that is either to the treasury department to recognise the fa ct treasury department to recognise the fact that brexit provides opportunities to grow the economy and needs to make a statement about that in the autumn budget, so that business confidence then picks up and we start to grow. all ought to get a new chancellor. a new chancellor? that's. .. i get a new chancellor. a new chancellor? that's... i haven't heard you say that before. we ought to have someone in the treasury department who is going to drive economic policy in a way that will embrace the opportunities that brexit provides. only by leaving the european union can we do all the things that boost the economy, we
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have to leave the single market and the customs union not remain on them for transitional periods. repatriating the net contribution best use of the gross contribution, that's £24 billion per and. reducing ta riffs that's £24 billion per and. reducing tariffs on external products in the uk, reducing the cost of living for hard—working families. uk, reducing the cost of living for ha rd—working families. investing uk, reducing the cost of living for hard—working families. investing in tax cuts, a digital economy and deregulation. all those things we are prevented from doing by being members of the eu. only by doing those things can we boost the economy. the government should announce that is what going to happen. independent of negotiations with the eu, the government, once we leave, we can implement them and the economy will boom. many people say a transitional deal might just carry us transitional deal might just carry us through and take away uncertainty. that would mean we
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faces state where everything changes. that simply produces more uncertainty. it lengthens the process. if the government make an announcement that autumn of what the post brexit economy for the next five years will look like and what the comic policy will be, businessmen have over 18 months to prepare for brexit. —— business has over 18 months. the only transitional period we need is to deal with administrative issues which naturally take time to play out. we should not exert any transitional deals are renting at inventing things boosting the economy like trade deals, for example. what will it take the chancellor to do in the autumn statement for you, at the end of it, to say you can keep yourjob a bit longer? he should set up a five-year plan for the most brexit economy, aiming fora low plan for the most brexit economy, aiming for a low tax, high—growth uk economy. he should not be looking for austerity as the way out of our debt situation, he should look for
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growth, implementing measures to improve infrastructure, repatriate fisheries, remove karius would add costs to consumers in the uk, thus boosting the available cash that people have to spend and making them better. rather than worse off which is here doing at the moment. reducing the 12 billion, a year, these are huge sums of money. the government can utilise these to boost the economy. john longworth, thanks forjoining us. one of britain's most seniorjudges has said "we will have our blood on our hands" if a suicidal teenage girl is released from custody without adequate supervision. sirjames munby says he had to speak truth to power about the case of a vulnerable 17—year—old girl identified only as x. sirjames said: it is "a disgrace to any country with pretensions to civilisation, compassion and, dare one say it, basic human decency," that a judge in 2017 should be faced with the problems thrown up by this case and should have to express
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himself in such terms. he went on to warn that when the girl is released in 11 days' time, if the state does not provide the necessary support and she is enabled to make another attempt on her life, "then i can only say, with bleak emphasis: "we will have blood on our hands". with me now is our home affairs correspondent danny shaw. has he ever heard language like this from a judge before? has he ever heard language like this from a judge before ?|j has he ever heard language like this from ajudge before? i don't thinkl have heard a ruling expressed in such terms, no. thisjudge is renowned for his forthright views. he has used strong language before but i don't think i've ever seen a judgment like this that is so clearly expressed, the exasperation, the desperation, the frustration, he feels powerless to do anything to prevent this girl from leaving custody in the middle of this month,
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going back into the community without adequate care and within 24-48 without adequate care and within 24—48 hours he had been told by experts the likelihood is feeble attempt to take her own life again. a bit of background there. in terms of nhs response, what do they say? nhs england has issued a statement saying they are aware of what the judge has said and i agree that a solution must be found and that the authorities are working together to make every effort to find appropriate care for this girl. the girl had a series of mental health problems, is in custody and basically confined to her room, being nursed in her room, has no items of furniture because she is a suicide risk, has attempted many times and has self harm on more than 100 occasions and she has been in custody for over six months, —— almost six months, has been restrained a number of times and needs treatment. all experts agree in the clinical setting, in a
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therapeutic environment, for adolescents. one secure service has been found but there is a waiting list of six months. so there is no way in between that. that is why the judge has said it is shameful that even going through austerity, that britain, one of the richest countries, he says, cannot find appropriate provision for her and for other young, vulnerable people in this situation. with the clock ticking as it is, is there any likelihood they will find some? they have got some time, that statement from nhs england suggest at least that mines are being concentrated on this. you would hope that somewhere, someone this. you would hope that somewhere, someone will come forward with a secure someone will come forward with a secure setting that has not been discovered before or an interim solution to secure that she's not just in the community and able to kill herself or attempt to kill herself. which is clearly what has happened a number of times since she has been in custody. thank you very
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much, danny shaw. mental health patients across the uk are spending years stranded in acute units awaiting discharge. a bbc freedom of information request reveals that some people are waiting more than three years to be discharged from hospital, even though they are medically fit to leave. nhs england says it is investing in providing alternatives to hospital admissions. our social affairs correspondent, michael buchanan, reports. i enjoyed doing courses... toni adeniyi likes art and music. but she loves her new home. she proudly shows me around a supported accommodation complex that she shares with five others. the 32—year—old, who suffers from a personality disorder and schizophrenia, has spent almost half her life in psychiatric hospitals. i think we could do with some more pictures on the wall. she moved in here last year, months later than she should have done, due to arguments between health and social care agencies over who should pay for her room. i used to see other people leaving before me and i'd be like, "yeah, but i've been ready a long time
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and i'm more equipped", but they seem to get out quicker. many psychiatric patients will recognise toni's experience. we have discovered that at least five patients waited more than three years to be discharged. nearly 100 waited more than a year. more than 200 spent six months longer in hospital than they needed to. the complex where toni lives is provided by a national charity, who say there simply aren't enough similar units for mental health patients. often people are in a revolving door of hospital placement and then a failed community placement, because that step is just too significant. so by providing a very comprehensive, quite intensive package of support, we hope to be able to break that cycle. delayed discharges are a problem across the nhs. but this research shows mental health patients are suffering excessive waits.
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spending longer than necessary in one of these units can slow a patient‘s recovery and prevent others from getting a bed. this psychiatrist, who often struggles to move her patient‘s from hospital, says investing in community services is crucial. not all admissions can be avoided or should be avoided. but certainly there are a number when you have really good community service crisis resolution that will not need to go into hospital. and obviously, most people, for the most part, would wish to stay in their homes. toni says she will soon move from here into a small bungalow in the complex. a further step in rebuilding her life. nhs england say they are increasingly providing alternatives to hospital admissions, but too many patients are still spending too long in psychiatric units. michael buchanan, bbc news. four men from the west midlands who plotted a terrorist attack on british police and military targets have been jailed for life. the men, from birmingham and stoke—on—trent,
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were told by mrjustice globe that they were dangerous offenders who had a longstanding, radical violent ideology. our correspondent nick beake is at the old bailey now. how close were they to actually carrying out an attack? these men we re carrying out an attack? these men were caught in a joint operation between m15 and west midlands police. they set up this fake courier company called hero careers and got two of the men to work as drivers for them. it was only when they tried to barge the car of one of them that they found a bag of weapons, a partially constructed pipe bomb, ammunition and a meat cleaver with the word ford nonbeliever scratched onto the blade. thejudge said he nonbeliever scratched onto the blade. the judge said he thought an attack was in and and it would lead toa attack was in and and it would lead to a considerable loss of life. that is why he gave the sentences do this
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man. they said they would serve eat at least 20 —— serve eat at least 20 years in prison. they called themselves the three musketeers. the first two had gone to a al-qaeda training camp at pakistan but they became disillusioned, rank their mothers and returned to the uk where they we re and returned to the uk where they were then arrested and jailed. a fourth manjoined were then arrested and jailed. a fourth man joined the were then arrested and jailed. a fourth manjoined the plan were then arrested and jailed. a fourth man joined the plan later were then arrested and jailed. a fourth manjoined the plan later on, he will serve at least 15 years. their lawyers had argued that they we re their lawyers had argued that they were fitted up, framed by west midlands police and m15. thejudge said any allegation of that sort was com pletely said any allegation of that sort was completely unfounded. he said they we re completely unfounded. he said they were dangerous, dangerous men. he said you only have to look at the terrible events recently in manchester and in london to see the carnage that people can cause when they go out intent on killing people
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is equipped with an explosive or knife. the headlines on bbc news: the bank of england leaves interest rates unchanged — and cuts its growth forecast for the uk economy. a seniorjudges condemns as disgraceful the lack of support services for young people with mental health problems — and says the state could have blood on its hands. over the case of a suicidal teenager. and as we have been hearing... men have beenjailed over the planned attack. there'll be no re—match between wladimir klitschko and anthonyjoshua. the 41—year—old announced his retirement from the sport this morning. the pairfought in april and news of that rematch was expected. neymar is set to earn more than three quarters of a million pounds a week when he completes his move from barcelona to paris st—germain. he being sold for a world record 198 million pounds. and england's women are aiming for a euro 2017 final —
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all that's standing in their way is their semifinal match with hosts, the netherlands. build up to that commentary is from seven on bbc radio five live. i'll be back with more on those stories after 2:30pm. residents of a tower block in north london have told the bbc that urgent safety work carried out in the wake of the grenfell tower disaster is either shoddy or incomplete. thousands of people living on the chalcots estate in camden were told to leave their homes, with only a few hours notice, so the work could be done. camden council has told the bbc that it is now finished, and has been signed off by building control at lambeth and westminster council. joining me now is our correspondent, sangita myska. what was the urgent work that needed doing at chalcots? after grenfell, camden council asked the fire brigade to look at these towers and the fire brigade identified urgent works to be done not only outside audience —— but the inside of the buildings on communal area. that was
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essential site safety work, to stop fires spreading from one area to the other bucks called containment. camden council say that has been done, signed off, but residents have told us that the work is incomplete in shoddy. they say they do not feel safe and i was invited in to take a look around. what did you one resident —— what a dc? -- what a dc? one resident at the top of the tower asked him to —— meter record before stopping. i also recorded the communal areas which was posted ....this is this is the photo where the
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quality is seen to be inadequate. it was designed to stop smoke and fire but is already peeling off. the door does not shut tight with his supposed to do. it took another one minute to close and it should within seconds. many of these problems were reported on other floors. seconds. many of these problems were reported on otherfloors. meanwhile, the staircase, this is a fire escape, should have non—strip slips, they should be luminous ideally, glow in the dark, you can see these are worn thin and on other stairs they were just completely missing. the front door to flat, the top and bottom is, should be sealed off but as you see, one has a gap that is big enough that i could put my entire hand underneath. the danger would be that the fire in the flat would be that the fire in the flat would spread outside: top of that all of the front doors and fire doors should have closers that automatically close the doors when
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someone goes out again to stop fire spreading. you showed his photograph to experts, what is their view? we took them to two independent experts, one came back and said he had been inside the building independently, and said the building was not safe for residents to live in. a second expert, an architect and lawyer, said the doors did not meet safety standards, putting occu pa nts meet safety standards, putting occupants at risk. viewers can watch the —— see the photos on our website. what other council said about this latest investigation? there are a series of other investigations, we put them to the council in detail. they came back and said, first of all they declined our invitation for the council leader georgia gould to come on live to reviewed the allegations, which is disappointing. they went on to say that the urgent works to contain fires was complete. it was signed off by independent building control
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for two other london boroughs, and that the council had worked closely with the london fire brigade. thank you. more than 200 buildings have failed fire safety tests, implemented in the wake of the grenfell tower fire. in the second in a set of six tests ordered by the government, 100 high—rises failed to meet current regulations. the bbc has learned that cladding and insulation panels failed the test within seven minutes of being set alight. sir ken knight, who chairs the government's independent fire safety panel, told us earlier that residents should not be concerned. i think we've all failed in the sense that people have lost their lives so tragically and dramatically and that is why there is an absolute focus. a focus by me personally. it's in my dna to be into fire safety and fire protection. do we all feel we failed? i feel we have recognised what now needs to be done in so many ways including listening to public inquiries and listening to the outcome of the review. i'm joined now by our home affairs correspondent tom symonds who can tell us more about these failed tests.
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how concerning are they? they are pretty concerning. the government are asking experts to take cladding, the same cladding that was used in g re nfell tower, the same cladding that was used in grenfell tower, and fit it to a nine metre wall with insulation panels, and change the installation panel on the two test but kept the cladding. in both those two tests, it was supposed to last 40 minutes, but had to be stopped in seven or eight because the fire reached the top of the nine metre test rig and could have burnt the whole building. clearly a major concern. this is the plastic cladding with the plastic co re plastic cladding with the plastic core that in our test has seen melt under the frame and drop burning plastic substance on the floor. the other concern is that ken knight, who you heard there and the bbc, can find no sign that this cladding
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substance had ever been given the test that the government is currently putting it under. that is important because, to clear it for use on tall buildings, according to the complicated building regulations, you either need to have done the test or have done the study based on the data on a test like that. as far as anyone can tell at the moment, neither of those two things exist. from the outside, this looks murkier and murkier?” things exist. from the outside, this looks murkier and murkier? i think thatis looks murkier and murkier? i think that is true, there is a recognition now, ken said it in his interview with me this morning, that building regulations will be going to end up changing significantly. with regard to the cladding at grenfell tower, that will probably mean that you can only put on a tall building over 18 metres su bsta nces only put on a tall building over 18 metres substances that don't burn very fast cop. currently you can put combustibles on the side but you have to do follow these guidelines to say they will be saved. that is one way in which the building
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regulations may change. you heard there, sir ken knight accepting that there, sir ken knight accepting that the fire safety profession had failed. because people had died at g re nfell tower. failed. because people had died at grenfell tower. there is a major alert at this complicated subject to see how they can be protected in future. a surgeon given a 15 year prison sentence after carrying out needless breast operations has had his sentence increased — to 20 years. ian paterson, who left victims scarred and disfigured, was convicted in may at nottingham crown court. after the hearing, the solicitor general, robert buckland has been giving his reaction. throughout our lives we are expected to, and we have, a great bond of trust with our doctors who care for us. forfar too long, this offender, ian paterson, abused that trust. he abused it in a grotesque way, by winning the confidence of vulnerable victims and then systematically
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mutilating them on the operating table. today's hearing, in front of the court of appeal, i think, has been a ringing endorsement of my decision to ask for this sentence to be reviewed. a substantial increase in the sentenced to 20 years should send a clear message to the wider community that our system will not tolerate such egregious breaches of trust. i very much hope that the victims of these appalling crimes will find that today's hearing has brought them some more of a degree of closure. my thoughts are with all of closure. my thoughts are with all of them and my thanks to them, for bravely standing up, making their statements, and ensuring that this perpetrator was brought to justice. forfive weeks rubbish has been piling up on the streets of birmingham because of a dispute between the council and bin collectors. now volunteers have started clearing the streets themselves.
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refuse workers have been taking strike action because of disagreements about working conditions. our midlands correspondent seema kotecha reports. piles of rubbish outside homes and shops in birmingham. the smell of rotting food and human waste is no stranger to some parts of the city since bin workers went on strike five weeks ago. they say it's over conditions and pay cuts. each day they strike for three hours. and at this florist, it is causing alarm. it is unsightly and it is unhealthy for anybody. we have got rats around. we have got foxes around. and every day it is a question of re—bagging stuff and just sorting of re—bagging stuff and re—sorting stuff and making sure that it is as tidy as we can keep it. we pay for this service quarterly, in advance, and it's not cheap either. for them to just not do it and ignore us isjust very bad. this pile of rubbish is sat next to a chinese restaurant. and this weather means the rotten food inside is getting wet
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and therefore it is smelling a lot worse. now people who live here are taking action by cleaning it up themselves. the whole purpose of this is to encourage everybody else to stop relying on the council, roll up your sleeves. and if you can't do it, get in touch with us and we'll happily come out and clear the rubbish for you. it's absolutely disgraceful and disgusting that in the 21st century in britain, in 2017, we're living in like fourth world conditions. the council says it wants bin workers to work a shorter five—day week rather than doing four long days. bin workers say that means less money and fewer supervisor jobs. in a statement the council says: "positive discussions are continuing to take place with the unions. and we hope to be able to resolve this sooner rather than later. they have now collected about half of the rubbish,
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but that leaves a lot of it still around. and if there isn't a resolution soon, the strike could go on until september. seema kotecha, bbc news, birmingham. headlands coming up, first here's the weather. low pressure dominates our weather with sunshine and showers. some differences, with slow—moving showers across scotland and to the south, they will go quickly with windy conditions, gusts of up to 30-40 windy conditions, gusts of up to 30—40 mph could bring down. across scotland, you will know about it if you caught the showers and atrocious driving conditions. temperatures around the seasonal average of 19-22d. lots around the seasonal average of 19—22d. lots of showers die away overnight, the further rain pushing to the north of the uk, temperatures
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staying similar. into friday, fewer showers across central and southern areas, lighter winds as well so you feel a bit better in the sunshine, the north will see further showers and spills of rain. some cooler air coming down from the north west, mid—teens and 20—24dc in the south east. this is bbc news. the headlines... the bank of england says the economy will remain "sluggish" as it cut growth forecasts to 1.7%. meanwhile interest rates were left unchanged at a record low of 0.25%. one of the most seniorjudges in britain has warned that society will have blood on its hands if a 17—year—old girl, who has tried to kill herself a number of times, is released from custody without adequate supervision. a group of men who called themselves the three musketeers have been jailed for life, for plotting a terror attack on police and military targets. the old baileyjudge presiding over
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the case said the men had been gripped by a "violent ideology". a group of volunteers in birmingham are clearing streets of rubbish left piling up because bin collectors are on strike. the industrial action, over job losses, has continued for five weeks. now time for the sport. no rematch for klitschko? wladimir klitschko has announced he's retiring from boxing. that mean's there'll be no rematch with anthonyjoshua. we had been waiting for confirmation of another fight between the two in las vegas in november but the former world heavyweight champion has decided to hang up his gloves after 27 years. as an amateur he won gold at the atlanta olympics in 1996 before becoming the world heavyweight champion for over ten years. he's thanked his team, family and fans for their support. at some point in our lives, we need
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to just switch careers and get ourselves ready for the next chapter and challenge. fresh challenges. i am notan and challenge. fresh challenges. i am not an exception to this. and now it is my turn. i am honestly doing this with greatest respect for the new challenges but also with tremendous excitement, passion, dedication, expecting and hoping that my next career, which i have already been working on for some yea rs, already been working on for some years, will be at least as successful as my previous one. brazilian striker neymar could become one of the world's most expensive player when he completes his transfer. but it has not been plain sailing. it was inevitable that a deal would
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be encountered at some stage. neymar‘s lawyers went to the offices of la liga to try to deposit the money or a bank document to buy out neymar from money or a bank document to buy out neymarfrom his money or a bank document to buy out neymar from his contract with barcelona for the 222 million euros thatis barcelona for the 222 million euros that is required. but la liga have rejected that attempt to buy out the contract. they will not give any further details, but but i can report that senior officials at psg are sure that this obstacle can be overcome. steps are being taken, they say and there will be no significant delay to closing this deal. they want him to be a psg player before the weekend, before the first game of the season and they believe that what la liga has done today is not within the confines of spanish law. so a
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confusing position, a little uncertainty, but the main protagonists in this deal, psg who are paying all this money, they believe that the problems can be ove rco m e believe that the problems can be overcome and there will be no significant delay to the conclusion of neymarjoining them. england manager mark sampson says he wants his side to not only become the best team in europe but the best in the world. the lionesses take on the netherlands this evening in the semifinals of the women's european championships. it'll be a sell out tonight too, with more than 27,000 expected to cheer on the hosts and england. full commentary and build up is on radio 5 live from 7.00pm. i have been around some good sports people but these players now work as hard as anyone i have ever worked with all seen and they —— as hard as anyone i have ever worked with or seen and they are absolutely obsessed with being the best that they can do now they have those two skills in abundance the sky is the limit for this group.
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it's the opening round in the women's british open today at kingsbarns. american michelle wie is on top on eight under par, she's finished her first round ahead of south korea's kim in—kyung who is on six under who has just made it through the 15th. england's mel reid who missed the cut at the scottish open last month is in tied third place a shot further back whilst 1986 champion laura davies has made a stunning start to her round. five under through ten holes. that's all. back in the next hour. the bank of england has downgraded the uk growth forecast for this year and next, warning that the economy will remain sluggish. its monetary policy committee has also downgraded its forecasts for wage growth. the bank left interest rates uchanged at 0.25%. the governor of the bank of england mark carney outlined how he saw the uk economy. given the outlook for supply in the economy, even a limited pick—up in growth is likely to have consequences for the stance of monetary policy. that is because as
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the mpc has previously emphasised, the mpc has previously emphasised, the process of leaving the european union is beginning to affect potential supply in the uk. brexit related uncertainty regarding —— is causing some countries to delay decisions about entering new markets. the uk's eventual new trading arrangements will require a period of reallocation as some sectors of the economy expands and others contract. moreover, prolonged low investment will restrain growth in capital stock and increases in productivity. indeed, if the mpc‘s current forecast comes to pass, the level of investment in 2020 is expected to be 20 percentage points below the level that mpc had projected just before the referendum. as a result, the supply capacity of the economy is likely to expand that only modest rates
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throughout the forecast period. that means only a modest uptake in demand growth. ‘s sluggish rate will be sufficient to reduce and eventually eliminate slack. the mpc‘s remit specifies that in exceptional circumstances, the committee must balance any trade—off between the speed at which it intends to return inflation to target and providing help to jobs and activity. for most of the forecast period, the economy operates with a small degree of spare capacity and cpr as above capacity. by the end of that forecast, that trade—off is eliminated. spare capacity is absorbed and inflation remains above the 2% target. the committee judges that given the assumptions underlying its projections, including the closure of the drawdown period of the tfs and the recent prudential decisions, some
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typing of monetary policy would be required to return inflation to target. specifically, if the economy follows a path broadly consistent with the august central projection, monetary policy could be to be tightened by a somewhat greater extent through the forecast period, than the curve underlying the projections. any increase in bank rate would be expected to be at a gradual pace and to a limited extent. the committee will continue to moderate —— mod monitor and ensure that there is a sustainable term of inflation to the 2% target. children from the poorest families in england can be two years behind their more affluent classmates by the time they finish secondary school. that's the conclusion of the education policy institute. the department for education says the attainment gap has narrowed over the past six years. jessica parker reports. finding the solution —
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this imperial college london summer school is all about raising aspirations. my parents didn't go to university. so i kind of felt i wanted to go to university. my teachers and my peers especially have been encouraging, saying that i'm good enough and that i can do it. i don't think anyone should have external influences on how their education should turn out. i think everyone should have an equal chance. it should be fair. i don't think anyone should be left behind, for whatever reason. today's report works out that for some disadvantaged kids, the attainment gap has closed slightly over the last ten years. but when it comes to the very poorest children, it's a different picture. at the end of primary school they are on average over one year behind. but by the time they take their gcses, the gap has widened to nearly two years. that figure is slightly worse than a decade ago. and there are huge
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regional variations. the attainment gap is generally smaller in london, but larger in areas like the east midlands and the north. we can speculate that funding would be a factor in certain parts of the country. we know that aspirations are quite important, and cultural expectations as well. so i think all of these things, and more, we'll be having an influence. disadvantaged children are more likely to earn less in future and suffer bad health. put simply, it leads to wasted potential. as a head teacher, it's really disappointing to read this report and see how little progress has been made. if we had the right funding, the right support for children and their families, it would make such a difference. the department of education says that through the pupil premium there is an injection of over £2 billion this year for disadvantaged pupils, as well as money to help young people in so—called social mobility cold spots.
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of course, the task of making sure that every pupil reaches their full potential is a complicated science. but worryingly, today's report says that if the current rate of change continues, it will take a staggering 50 years before the gap is closed. jessica parker, bbc news. but now its mission is to enter libyan territorial waters to help the libyan coast guard spot migrant boats as they set sail, and stop them going any further. the italian navy used to play a key role rescuing those caught in stormy seas. but now its mission is to enter libyan territorial waters to help the libyan coast guard spot migrant boats as they set sail, and stop them going any further.
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the abrupt change of mission was given the go—ahead by the italian parliament. most politicians clearly wanting an end to the crisis. the goal of the italian government is to stem the flow, bring it close to zero and basically tweak the turkey deal and adapted to the situation in libya but get the same result, which is to bring a flow which is in the hundreds of thousands, to close to zero. almost 100,000 migrants have reached italy so far this year. other eu countries were supposed to have taken many of them. but it has not happened. so large numbers are applying for asylum here, putting the government under pressure with elections looming next year. now the italian navy's sophisticated radar will enable the libyan coast guard to stop many migrant boats before they leave libyan territorial waters. and send them back to libya.
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that is sparking alarm amongst human rights organisations. there is no system to claim asylum. there is automatic detention of irregular migrants in centres where people are systematically abused, and it is completely unclear how the italian government think that these people would be protected after they disembark in libya with the key assistance of the italian government. italy is also imposing restrictions on boats used by charities to rescue migrants. it is feared fewer ships will now be in the key areas, and already this year more than 2000 migrants have drowned. richard galpin, bbc news. in a moment, a summary of the business news but first,
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the headlines on bbc news... the bank of england holds interest rates at the record low rate of 0.25% and downgrades its growth forecast for the uk. ajudge condemns mental health support for young people — and says the state could have blood on its hands over the case of a suicidal teenager. four men from the west midlands have been jailed for life for plotting terrorist attacks on police and military targets. now an update on the business news. the bank of england has lowered its growth forecast for this year and the next. it said weak wage growth contributed to the decision. it now forecasts growth of 1.7% — that's slightly down from its previous prediction of 1.9% made back in may. the bank said rising inflation has also been weighing on household spending power. the bank also voted 6—2 to keep interest rates on hold at 0.25%.
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they've been at that level since august of last year. next sales have had a big boost from the retailer's directory catalogue and internet business. overall second—quarter sales rose 0.7%, beating expectations. but full—price sales at next retailfell 7.4%, and the company said it remained "cautious" about its outlook. the pay of top chief executives has fallen in the past year, but there is still "a huge gap" between them and the rest of their staff — that's according to a new report from the high pay centre. the bosses of ftse100 companies now make on average £4.5 million a year, that's down 17% from £5.4 million in 2015. the think tank said the fall was welcome but "limited and very late". the dowjones
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the dow jones rose the dowjones rose on wednesday. it was lifted by a rise in apple shares. the milestone marks a riot —— streak of arise. the wider indexes in the states have rows in a little bit since the start of the year. the dow has risen almost 11%. michelle is that the us —— new york stock exchange. what was behind that big surge in the dow? you mentioned it, it was apple. the results were better—than—expected. given the waiting of the stock and how much the shares surged, it propelled the market across that 22,000 psychological mark. celebrations here. just to remind you, we were
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marking in january that the dow had crossed the 20,000 mark. the reason this is significant is that you can talk about the fact that donald trump came into office and there has been a sense that he is pro—business policy would be good for the stock market. that sentiment reflected even though we are waiting for the policies that investors and shareholders are waiting for, tax reform and infrastructure spending. president from almost took credit for the market's performance. how things looking today? right now, it is still holding on to that, just over 20,000 points. the banking sector we have seen a big rise in bank stocks, that is because the administration has focused on deregulation. it has talked about reviewing some of the rules that will put in place in the wake of the financial crisis. going forward, the
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question is how much more momentum does this rally have? some people have been talking about 23,000, others have said we are overdue a correction, possibly this autumn. it is hard to predict that there is a sense that while earnings are good, how good are they when we are talking about an economy that is growing at 2.5%. indeed. good to talk to you. on the floor of the new york stock exchange. in other business news we've been following... the car insurance market is "dysfunctional" and does not reward loyal customers — so says the chief executive of aviva, mark wilson. he said firms were tempting in new customers with prices that were "too low", which put prices up for existing customers. car insurance premiums have gone up by 11% in the last year, according to the association of british insurers — abi. it also said that the typical bill for an annual policy is now £484. a fresh new shirt delivered at the push of a button is now on offerfor travellers in the us. japanese fashion brand uniqlo
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has installed a vending machine dispensing clothing at oakland airport in california. nine other machines will pop up at airports and malls at sites including los angeles, houston and new york in the coming months. they will stock men and women's shirts and lightweight jackets. green and black is launching its first uk chocolate bar that is neither organic nor fairtrade—certified. the move by the organic chocolate maker, owned by us food giant mondelez international, parent of cadbury, is likely to further undermine the fairtrade movement. founded in 1991 as a pioneering organic brand, the new velvet edition dark chocolate bars which go on sale in uk supermarkets this month, will make no claim to be organic. that is all the business news. now a
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quick look at the markets. in the wa ke quick look at the markets. in the wake of the bank of england's decision to keep rates on hold, markets have rallied. sterling, which often moves inversely to the blue—chip index, has reached a nine—month low against the euro. while it might feel like autumn in many parts of the uk, huge swathes of europe are in meltdown. health warnings are in place as a record—breaking heatwave is sweeping the continent — from romania to portugal. in southern italy it's forecast to hit 45 c. richard lister reports. southern europe is sweltering. the swimming pools may be full but many rivers and reservoirs have been emptied by drought. millions of people are struggling to stay cool on a continent getting hotter. normally across southern europe temperatures are generally between 28 and 30 degrees. those temperatures
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are around ten to 15 average at the moment. very high. and the persistence of the heatwave is causing problems across the region. there is no relief at night either. in the south of france it is 31 degrees. that is at all half past ten. this constant heat has consequences. wildfires have become a growing problem across europe. this one is in croatia, where more than 150 people battled through the night to protect those living nearby. climate change means problems like this are likely to get worse. southern european climate is variable year—on—year but the evidence would suggest that what we are seeing here is out of the ordinary, and perhaps evidence that these extreme temperatures, heatwaves, are becoming more extreme and also more frequent. 2003 saw the hottest european
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temperatures in 500 years. its impact was devastating. it caused the biggest fall in agricultural output in a century and tens of thousands of deaths, most of them in france. that is something else we may have to be ready for. if left unchecked, its estimated the rising global temperatures could cause 40% more heat related deaths in britain by the end of the century, more than 18,000 a year. but in central and southern europe, those deaths could double to more than 173,000 each year. for those on the beach at weston—super—mare today, a little bit of sunshine might have been welcome. europe's heatwave is not expected to reach the uk this week at least. but climate change means we could all be in for some unwelcome weather in the years to come. richard lister, bbc news. a genius. he changed my life" — that's how england rugby
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legend jonny wilkinson describes his kicking coach dr dave alred. he's an elite performance coach — who started out teaching economics names in sport. dr dave alred has written a book called the pressure principle — which he says can help everyone manage stress and perform in their lives. earlier they were on the victoria derbyshire show speaking to tina daheley, who asked johnny why dr alred changed his life. during that point in my life, i was as position on a fullback couldn't get any further. when was that? i was six dean —— was living accidentally. some days it would go well, others it wouldn't. what she did was open my eyes to space, the space to move and to grow. and
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that's base isn't out there, —— and that's base isn't out there, —— and that space isn't out there, you just have to reveal it. you have to go beyond the limits and everything in life exists beyond what you believe and what you think. dave started my journey to get into that space and i had been on the same journey ever since. dave, talk to me about that journey. when did you start working withjonny journey. when did you start working with jonny wilkinson and how journey. when did you start working withjonny wilkinson and how much progress has been made? the progress has been magnificent. i think that the number one thing was when he turned up at 16, on a field at bristol university, it was just a case of me thinking, i had already gotten my mind that wherever you are now, you can get better. no matter who you are. and we started working then. and what really impressed me
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was the intensity with which he wanted to get better. and i think that intensity has beenjustly rewarded. but it is a thing that goes on throughout your life. and, yes, i suppose in terms of the media, people are looking at playing career, but for me, it is well beyond that. and i think that it is just a question of... i am here today, tomorrow i will be better and i will look back and see howl today, tomorrow i will be better and i will look back and see how i can improve from last week. anybody can do that in any walk of life. i think that the other issue is, which is really important, so many people focus on what they can't do as a starting point and then try to look to improve that. i would rather focus on what you can do as a starting point and improve everything. dave, you say in your book that you believe jonny
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wilkinson was a better player in 2014 then at the peak of his career in 2003. why? ijust 2014 then at the peak of his career in 2003. why? i just felt that when you work with somebody a lot and you see them in practice and what they do in games, there are certain things that you see, that our benchmarks of improvement. i think that, statistically, excuse the embarrassment here, he was statistically amoral as blair. you can see the full interview at the website. now time for the weather. sunshine and showers. stubbornly refusing to clear. heavy slow movie showers across scotland and the
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south will be very windy. showers across england and wales will be blustery. quite a lot of them across the north—east of england. then scotla nd the north—east of england. then scotland has the heaviest downpours through this afternoon. they will be slow—moving because winds will be light. there could be soon surface water and atrocious conditions on the road. in between, sunshine. temperatures are around the seasonal average. for more than ireland, much of england and wales, scattered showers and sunny spells. most of these across the north and west. central, southern and south—eastern areas gutsy and it —— a lot of dry weather. but strong winds 30 mile an hour gusts. this evening, the shower was eased down over many areas but another pulse of rain across the north and west of the uk as temperatures quite cool as it has
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been over the last few days. friday isa been over the last few days. friday is a better looking day across central, southern and south—eastern areas. far fewer showers. central, southern and south—eastern areas. farfewer showers. to the north, showers and longer spells of rain particularly across scotland. callair rain particularly across scotland. call air moving down from the north west. to the south—east, a degree also warmer. —— a degree approximately warmer. then a bit of high—pressure influence the weather, moving in slowly and will kill off a lot of the showers. there will be fewer on saturday. mainly across northern, western and central areas. in the sunday, apart from rain for more than ireland in the west of scotland, the bulk of the country looking drier, brighter with sunshine and light winds. for the weekend, it is mixed. saturday sunshine and showers. sunday is
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looking drierfor sunshine and showers. sunday is looking drier for many with some sunshine. this is bbc news, the headlines at 3pm. the bank of england cuts its growth forecast for the uk economy and predicts lower wage growth. as the consequences of sterling's fall have shown up in the shops and squeezed their real incomes, they cut back on spending, slowing the economy. ajudge condemns mental health support for young people, and says the state could have blood on its hands over the case of a suicidal teenager. five weeks into a bin strike that's left rubbish piling up on the streets of birmingham, we meet the volunteers taking matters into their own hands. feeling the heat — emergency measures are put in place, as temperatures hit record levels in many parts of europe. aiming to be a roaring success — england's women are ready to take on the host nation in their euro 2017 semi—final.
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