tv BBC News BBC News August 15, 2022 10:45pm-11:01pm BST
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we will take some off you, so say, we will take some off you, so we the _ say, we will take some off you, so we the taxpayer can give to people who desperately need it right now, including _ who desperately need it right now, including tammy, who was knocked lon- including tammy, who was knocked long to _ including tammy, who was knocked long to live — including tammy, who was knocked long to live on this planet. what they call— long to live on this planet. what they call that response will capitalism. they call that response will capitalism-— they call that response will caitalism. , . ~ ., . capitalism. yes, and you know what? do ou capitalism. yes, and you know what? do you know — capitalism. yes, and you know what? do you know what _ capitalism. yes, and you know what? do you know what digby _ capitalism. yes, and you know what? do you know what digby was - capitalism. yes, and you know what? do you know what digby was saying l do you know what digby was saying there, companies like bp... those companies that met borisjohnson, power companies with assets which include wind farms and nuclear power stations, you've got edn, with its headquarters in germany, profits of £31; billion for the first half of this year, the chief executive takes home £1 million pay, and i say that because the grid profits... chief executive pay, at billion. —— 6.5 billion. you have similar things.
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digby is right. they are doing that thing ofjust passing it on. they take it on and pass it on and make whopping great profit at the same time as you have people who are forced to stay at home, and that is the problem, forced to stay at home, and perhaps they are on kidney dialysis or, like tammy, they are doing chemo, they have had to give up doing chemo, they have had to give up theirjob, stay at home. her husband goes out and works 60 hours as a chef. all those people doing their best, trying to make ends meet, when you've got companies that are raking it in, hand overfist, and not giving anything to help at all, i do not even know if there is any proper hand—wringing going on. let me move on, because time is pressing. we'll talk more about this story in our next review at 11:30 p:m.. fairwarning, iwould like
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p:m.. fair warning, i would like to quicken your thoughts, and your former life, about the impact on businesses. we have heard the talk about politicians helping us, consumers, but a lot of businesses out there are facing ruin, and i've not heard anyone say what help might be available until then, but we will park that into the next time. penny, you want to talk us through the ft front page?— front page? this is a company called- -- _ front page? this is a company called... initially, _ front page? this is a company called... initially, it— front page? this is a company called... initially, it is- front page? this is a company called... initially, it is going l front page? this is a company| called... initially, it is going to be a 30 year fixed rate and then it is going to be up to 50 years for mortgages, and typical mortgage at the moment apparently would be ten years with fixed weights and then doing this, and it is about knowing what you pay every month. i don't know about you, digby, but 50 years
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doesn't seem quite staggering when you're signing up for that, for example, if you are 30 and just thinking, how on earth am i going to be able to afford the deposit? and then signing up for something until you are 80? albeit on a fixed rate, i do not know how these things work. it seems to be slightly mind—boggling. it seems to be slightly mind-boggling. good point, mind-boggling. digby? good point, penn . i mind-boggling. digby? good point, penny- i think _ mind-boggling. digby? good point, penny. i think it— mind-boggling. digby? good point, penny. i think it is— mind-boggling. digby? good point, penny. i think it is lacking - mind-boggling. digby? good point, penny. i think it is lacking two - penny. i think it is lacking two ingredients, and three problems on the front— ingredients, and three problems on the front of the ft. the ft is probably— the front of the ft. the ft is probably the most accurate in its financiat— probably the most accurate in its financial reporting, but nevertheless these three columns do not get _ nevertheless these three columns do not get into it. there were to question— not get into it. there were to question it raises. if you are that penny— question it raises. if you are that penny looking —— that person, penny looking at this, _ —— that person, penny looking at this, they— —— that person, penny looking at this, they are having that mortgage for the _ this, they are having that mortgage for the rest — this, they are having that mortgage for the rest of their lives, they will have — for the rest of their lives, they will have to in cell and buy and sell as— will have to in cell and buy and sell as they increase their income and is _ sell as they increase their income and is there means change and
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whatever— and is there means change and whatever —— buy and sell and buy and sell. whatever —— buy and sell and buy and sett in _ whatever —— buy and sell and buy and sell. in america, when they get... 0ne of— sell. in america, when they get... one of the — sell. in america, when they get... one of the benefits of mortgages in america _ 0ne of the benefits of mortgages in america is— one of the benefits of mortgages in america is you can take the mortgage with you. so _ america is you can take the mortgage with you, so when you buy another house _ with you, so when you buy another house of— with you, so when you buy another house of the — with you, so when you buy another house of the mortgage can be transferred and carry on. subject to well behaving and no defaulting. here, _ well behaving and no defaulting. here, you — well behaving and no defaulting. here, you cannot, you redeem and take anyone — here, you cannot, you redeem and take anyone. does this mean we are heralding _ take anyone. does this mean we are heralding a — take anyone. does this mean we are heralding a arrival of a mortgage product — heralding a arrival of a mortgage product which stays with you for 50 years. _ product which stays with you for 50 years, which is more than your home owning _ years, which is more than your home owning tife. — years, which is more than your home owning life, more? does it mean you can do— owning life, more? does it mean you can do this _ owning life, more? does it mean you can do this and plan accordingly, but you — can do this and plan accordingly, but you get no more benefit than if you going have redeem it when you sell, you going have redeem it when you sell. as— you going have redeem it when you sell. as you — you going have redeem it when you sell, as you move up the ladder? that— sell, as you move up the ladder? that is— sell, as you move up the ladder? that is a — sell, as you move up the ladder? that is a big _ sell, as you move up the ladder? that is a big question and it is a social— that is a big question and it is a social question, because peopledon will think. _ social question, because peopledon wittthink, i— social question, because peopledon will think, i am fixed, i am 0k. social question, because peopledon will think, i am fixed, i am ok. i know— will think, i am fixed, i am ok. i know exactly how much a month for the rest _ know exactly how much a month for the rest of— know exactly how much a month for the rest of my life i will pay for a
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mortgage. that is all well and good, but what happens when you go to sell it. but what happens when you go to sell it the _ but what happens when you go to sell it. the second point, and rightly the ft— it. the second point, and rightly the ft would not comment on the second _ the ft would not comment on the second point, because it would not know— second point, because it would not know it _ second point, because it would not know it itself, which is, what is the rate — know it itself, which is, what is the rate of— know it itself, which is, what is the rate of interest? if you're the bank— the rate of interest? if you're the bank lending this money, you've got to out, _ bank lending this money, you've got to out, could i make more money out of tending _ to out, could i make more money out of lending this in five years time if interest— of lending this in five years time if interest rates have gone up or could _ if interest rates have gone up or could i_ if interest rates have gone up or could i lose money if i am sitting there _ could i lose money if i am sitting there with — could i lose money if i am sitting there with my money out there, but i'm there with my money out there, but i'm not— there with my money out there, but i'm not getting as big a return as i could? _ i'm not getting as big a return as i could? what is the rate? is he going to be _ could? what is the rate? is he going to be big _ could? what is the rate? is he going to be big enough to accommodate any increasing _ to be big enough to accommodate any increasing rates which the banks want _ increasing rates which the banks want to— increasing rates which the banks want to enjoy? is he going to be low enough _ want to enjoy? is he going to be low enough to— want to enjoy? is he going to be low enough to encourage people to do it was mac— enough to encourage people to do it was mac it _ enough to encourage people to do it was mac it asks a lot of questions, but actually — was mac it asks a lot of questions, but actually what i do like, and i love this — but actually what i do like, and i love this about the british financial product system, it is innovative. people consul he come up with ideas— innovative. people consul he come up with ideas and thoughts, and i know that the _ with ideas and thoughts, and i know that the financial services sector -ets that the financial services sector gets a _ that the financial services sector gets a kick
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from virtually everybody in society, but they— from virtually everybody in society, but they are some of the most innovative _ but they are some of the most innovative in the world, and that nieans_ innovative in the world, and that means they get more product and help people _ means they get more product and help peopte and _ means they get more product and help people and make money, which builds schools— people and make money, which builds schools and _ people and make money, which builds schools and hospitals.— schools and hospitals. penny wanted to come back — schools and hospitals. penny wanted to come back in. _ schools and hospitals. penny wanted to come back in. i— schools and hospitals. penny wanted to come back in. ijust _ schools and hospitals. penny wanted to come back in. ijust want - schools and hospitals. penny wanted to come back in. i just want to - schools and hospitals. penny wanted to come back in. ijust want to say i to come back in. i 'ust want to say that what if, — to come back in. ijust want to say that what if, though, _ to come back in. ijust want to say that what if, though, house - to come back in. ijust want to say that what if, though, house pricesj that what if, though, house prices go down? because when i bought my first flat, i sold it for exactly the same amount, ten years later, because in the meantime things had gone up and then down. what about if you suddenly got ill? what if you lost yourjob in that 50 years? sorry, and your point is? you are sa int sorry, and your point is? you are saying about _ sorry, and your point is? you are saying about the _ sorry, and your point is? you are saying about the 50 _ sorry, and your point is? you are saying about the 50 years, - sorry, and your point is? you are saying about the 50 years, you . sorry, and your point is? you are i saying about the 50 years, you take it with you, but what about in the meantime if things of gone horribly wrong? you talked about moving up as if it was a general thing... find if it was a general thing. .. and ou've if it was a general thing. .. and you've got _ if it was a general thing. .. and you've got 30 _ if it was a general thing... and you've got 30 seconds to do it in. the answer to that is, it might not be, because — the answer to that is, it might not be, because you've got to sell it,
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but is _ be, because you've got to sell it, but is a _ be, because you've got to sell it, but is a function of the market. that— but is a function of the market. that is— but is a function of the market. that is the _ but is a function of the market. that is the same as if you got any sort of— that is the same as if you got any sort of mortgage, nothing to do with 50 years _ sort of mortgage, nothing to do with 50 years. that is any sort of mortgage. that does not matter... your— mortgage. that does not matter... your point — mortgage. that does not matter... your point is — mortgage. that does not matter... your point is well—made, but if that point _ your point is well—made, but if that point you _ your point is well—made, but if that point you have got to sell it, then you have — point you have got to sell it, then you have a — point you have got to sell it, then you have a problem, and that is sure, _ you have a problem, and that is sure. but— you have a problem, and that is sure, but that is nothing to do with 50 years _ sure, but that is nothing to do with 50 ears. ., , _ sure, but that is nothing to do with 50 ears. ., , , , 50 years. lorde digby jones, penny smith, 50 years. lorde digby jones, penny smith. think _ 50 years. lorde digby jones, penny smith. think you — 50 years. lorde digby jones, penny smith, think you very _ 50 years. lorde digby jones, penny smith, think you very much. - 50 years. lorde digby jones, penny smith, think you very much. some | smith, think you very much. some financial advice included! sport next, then the weather, and then we are off to singapore for newsday. thank you. good evening, i'm tulsen tollett and this is your sports news, where we start with football. and liverpool's big summer signing darwin nunez will miss their next three games after being sent off
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during their 1—1 draw at home to crystal palace. jurgen klopp's team remain without a win after two premier league games this season. crystal palace took the lead at anfield through wilfried zaha, as he put them on their way to theirfirst point of the campaign. nunez then saw red after headbutting joachim andersen. liverpool's luis diaz salvaged a draw with a superb equaliser shortly after his team—mate's dismissal. liverpool's next game is away at manchester united next monday. it was tough, and then the story of the game did not get easier. i love the reaction for so that's what you have to show. we want to fight. if we cannot play like geniuses in the moment, then give it a go, and that is what we did today, and i'm happy with that. some further developments on that ill—tempered finish to the chelsea—tottenham game to bring you. thomas tuchel and antonio conte have
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both been charged by the fa with improper behaviour. at the final whistle at stamford bridge, tuchel and conte had to be separated — both managers shown red cards after a dramatic match which saw spurs twice come from behind, the second equaliser coming from harry kane deep into second—half stoppage time. the pair have until thursday to provide their respective responses. former footballer lenjohnrose, who had motor neurone disease, has died. the 52—year—old had kept a positive outlook during interviews with the bbc since his diagnosis in 2017. johnrose made more than 500 career appearances for clubs, including bury, blackburn rovers, preston north end and swansea. lenjohnrose, who has died aged 52. less than two weeks after winning the 10,000 metres at the commonwealth games, eilish mccolgan fell just short as she aimed to become european champion.
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the scottish athlete was in contention for much of the race but had no answer when turkey's yasemin can broke away, as she eased to victory. mccolgan was able to finish second, though, to add silver to her commonwealth title. lam i am obviously disappointed. i would've loved to have, yeah, become european champ tonight, but tired, tired legs! i definitely felt that today. it has been probably one of the craziest weeks of my life at the commonwealth games, such a big high with emotions and, yeah, not a lot of sleep, so, yeah, ifound it tough to get myself back up again today, but i cannot complain. i did a lot of work tonight and came away with a silver medal. they say it's a marathon, not a sprint, but try telling that to germany's richard ringer — as he appeared to come out of nowhere to take the mens marathon title. ringer produced an extraordinarily well—judged final burst past israel's maru teferi
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and gashau ayale with a sprint finish to cross the line in a time of two hours, ten minutes, 21 seconds in front of the home crowd. aleksandra lisowska of poland took gold in the women's race. in the european aquatics championships in rome, great britain have won the silver medal in the 1;x100 metre freestyle relay, finishing half a second behind france who took the title. the british quartet of tom dean, matt richards, anna hopkin and freya anderson finished in three minutes, 23.80 seconds. it's a fifth medal in rome for anderson, who was part of gb�*s victorious 1;x100m medley team at tokyo 2020. it's britain's11th medal at the championships. another one of those medals came earlier in the diving, where britain won bronze in the mixed team event. the team of grace reid and james heatly won gold for scotland at the commonwealth games a week ago. andrea spendolini—siriex and noah williams also won golds in birmingham. it was this final synchronised dive by spendolini—siriex and williams that moved them into third
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in the outdoor pool in the italian capital. world number 11 cameron norrie is safely through to the second round of the cincinnati open. he beat holger rune of denmark over three sets and norrie will play andy murray next. the three—time grand slam winner beat old rival stan wawrinka by three sets to one. birmingham phoenix beat trent rockets by seven wickets in the men's hundred at edgbaston. liam livingstone passed 50 as he hit the winning runs while moeen ali top—scored with 52. phoenix have won three out of four games, as have the rockets. birmingham phoenix timed their run chase to perfection in their women's hundred victory this afternoon. they beat trent rockets by eight wickets. amyjones and ellyse perry here saw the phoenix over the line with nine balls to spare at edgbaston.
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they go level top with southern brave. 0lexander usyk and anthonyjoshua goe toe to toe in saudi arabia in a rematch between the two boxers afterjoshua was beaten by the ukrainian just under a year ago in london, losing his titles in the process, butjoshua says he's ready for the fight on saturday. i have ticked a lot of boxes. my success in the ring, which i put to hard work, it ain't based just on talent. i have worked hard, ithink i have worked harder than i have previously, pushed myself in different areas, and those markers have definitely been ticked off. also the mental aspect as well, which can be overlooked as well. it is all physical, go to the gym, work hard for us to how bad one? all that type of stuff, right? i have also trained myself mentally in those boxes have been ticked, and hopefully the unveiling of it all happens saturday night. looking forward to that. _ happens saturday night. looking
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forward to that. that _ happens saturday night. looking forward to that. that is - happens saturday night. looking forward to that. that is all - happens saturday night. looking forward to that. that is all your. forward to that. that is all your sport for now, though. hello. well, now that the heatwave is finally over, we'll be dealing with scattered downpours and thunderstorms almost anywhere in england and wales on tuesday and the possibility of flash flooding as well. across the uk at the moment, pressure is generally low, a weather front�*s nearby as well, and with extra energy from the sun, we will see those big cumulonimbus clouds forming. the morning is going to be quite warm, especially across southern and central areas —15—18 degrees. a bit fresher in scotland — 11—13. so here's the forecast for the morning, into the afternoon. often cloudy with damp weather in eastern scotland, but eventually it will brighten up here in the northwest. across england and wales, those scattered downpours and thunderstorms. again, very difficult to pinpoint which town and city will get heavy rain. and the temperatures still very warm — mid—20s in the south,
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more like 17 in the north. but from the ten team, it's goodnight. welcome to newsday, reporting live from singapore, i'm karishma vaswani. the headlines. the uk becomes the first country to approve a covid vaccine that fights both the original strain and the omicron variant. uk is the first place in the world to licence this new medicine and it means that people get access to a broader community than what would've otherwise been the case. the taliban celebrate the first anniversary of their return to power in afghanistan — but not
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