if you look at the way for example the bank of england was founded you know. they they had to come up with an arrangement to lend money to the government in order to do the bread and butter business of discounting bills of exchange you know. so the notes that the bank of england created was sort of part company laws boy good bills of trade and they were paul's capitalized boy government that. in our. sort of fast forward three hundred years you can go around and say the. only goal is money or or something else. something else apart from what you're using for money is money you know because you're sort of going against that principle which is a wrong principle you know no one should stop it's their business to get into cahoots with government in order to do something else but you have to look at it from that perspective ok what about greece portugal ireland what are they doing this crisis well sort of i think that everybody is starting to realize that there might be a problem in the euro zone. and this is true but there is no sort of recognition about what the w

. >> despite the gravity of the financial situation, the bank of england is comparing contingency plans. has the government also the team working on the details of a new treaty? if that seems probable, the european union will have to be considerably changed. >> on behalf of the house, great pleasure it gives me to refer to him as the right hon. gentleman. what i would say to the gentleman is that we have used the opportunity of a new treaty being put forward to protect the interests of great britain to get this out of the bailout mechanisms of the future. as new proposals come along we could use this again. but right now, the priority should be to work for stability because 40% of the exports go to countries in the euros zone. >> does the prime minister agree with the deputy prime minister that this is patronizing trouble. >> the deputy prime minister and night -- we agree about many things, but this is set down in the coalition agreement. i am a strong supporter in the institution of marriage and we should recognize this in the tax sector. >> and illegal migrant workers were arrested,

social which is what the bank of england new york federal reserve or u.s. federal reserve and other banks do get simply stands by and forces government deficit to result in more and more debt to commercial banks so that instead of government deficits extending the economy with new investment in the climate and for market demand government deficit shrinks the economy by leading to foreclosure and for. future of the public domain forfeiture of houses and mass impoverishment debt is not what greece thought it was signing on to so what it should do is saying . this is not be europe we thought you were getting we're withdrawing we shut the strain portugal and ireland was just as ireland voted against the list and constitution and they should say this is nonsense this is war and we're pulling out and we're putting our economy up for grabs for those countries probably in the break block but well except a sense of their currency area because we're not going to stand for this ok so imagine germany there and germany is portraying themselves as the victim and that gree

have interest rate decisions coming out of the european central bank people expected about twenty five i think basis points up and then you have the bank of england also make an incision which is expected to be the same so for wednesday trade we expect it to be a quiet or a day with the base investors taking a bit of a breather and waiting for thursday data and also friday especially on employment data coming out of the u.s. that wraps up the business bulletin more market analysis in less than one ounce time in our next bulletin and you can log on to our website or to dot com slash business.

european indices are higher the bank of england has kept its interest rates unchanged as worries about the economy's recovery out with his son's out of both target inflation the no changes the little surprise the markets as you can see the focus now is on the e.c.b. which is to announce its interest rates decision about ten minutes. so investors globo it keeping an eye on the proposed music press conference for fresh clues as to systemically of the month for. i will say of the original debt crisis this is especially felt years ago out russia where the markets are trading strong with apply pressure against in the us a shock. all right as good news for the russian film industry as two planes have agreed to help out one of the country's largest conglomerates stammers must needs a heavyweight here and it still was. oh so very get millions of dollars but of course rights claims how this could improve russia's industry. in the movie world that money is king and in russia there's not much to go around when it comes to film but that's all about to change intellectual property. is prevalent tog

[shouting] >> despite the gravity of the financial situation, against which the bank of england is preparing contingency plans, has the government also got a team working on the details of a new treaty, if as seems probable the european union has to be considerably changed? >> can i first of all say only half i believe the whole house, to the father of the house with great pleasure it gives me to refer to him as the right honorable gentleman. after his many years of service to the south. what i would say to the honorable gentleman is we have quite rightly use the opportunity of the new treaty change being put forward to protect britain's interests and get us out of the bailout mechanism for the future. of course, if new proposals come a long we could use that opportunity again, but i think right now the priority must be to work for stability in the eurozone, not least because 40% of our exports go to your zone countries. and britain is playing a constructive role in making sure that happens. [inaudible] >> does the prime minister agree that the idea of introducing a marriage tax amount is tr

have interest rate decisions going out of the european central bank people expecting about twenty five i think basis points up and then you have the bank of england also making a decision which is expected to be the same so for was a trade we expected to be a writer they were going based investors they got a bit of a breather and waiting for thursday data and also friday especially on employment of coming out of the u.s. . but perhaps not the business gotten more market analysis in less than ronald's time you know next bulletin and you can log on to a website or to dot com slash business. for. the close of genius be to the republic of north ascension where half the area is occupied by nature preserve. this time our team goes to the region where men flock from all over the world to add a few centimeters clear self-confidence were.

of this decision. let's look at the markets european indices extend their rise up to the european central bank raise the main interest rate to want to have percent the bank of england has kept its key interest rate unchanged as worries.

european indices the higher the bank of england has kept its interest rates unchanged worries about the economy's recovery out with concerns about above target inflation no changes to little surprise the markets as you can see the focus now is on the e.c.b. which is to announce its entrance phrase decision about ten minutes. ago investors global it keeping an eye on the post music press conference for fresh clues as to its handling of the month right. all see are the result that crisis that is the patient is felt here throughout russia where the markets are trading strong will apply pressure against the us. all right as good news of the russian thought ministry as two banks have agreed to help out one of the country's largest conglomerates systemise must meet a heavyweight here and it still was and i n g will see its filmmaking subsidiary get millions of dollars but in the course strikes planes how this could improve russia's film industry. in the movie world money is king and in russia there's not much to go around when it comes to films but that's all about to change thanks to intelle

bank of england has kept its key interest rate unchanged as worries about the economy's recovery outweighed concerns about above target inflation on the dax up pointing upwards in london hedge fund manager madden group rallied almost three percent after reporting record sales of nine billion dollars in the latest quarter and here in russia markets are trading strongly in the black tracking games in the u.s. oil majors like look all are gaining a bit stronger crude spear bank is up supported by news it may see a record net profit in the first half of the year. that's all we have time for in this edition of business report be back with more in about forty five minutes from now stay with. us. welcome to the program. george. convicted of the country's opposition says the government is. too high a price of civilian deaths. trillions of suns. in the universe and. already visitors from our neighborhood. mr finkelstein thank you very much for being with us today you have promised that in twenty years' time you will have discovered life on other planets are we actually talking about aliens or merely

employment data also contributed to the games the bank of england has kept its key interest rate unchanged as worries about the economy's recovery outweigh concerns about about arkansas. and russian stocks surged the most into long sought thursday boosted by high oil prices also out for the bank of america increased price estimates for some metal at ninety companies the r.t.s. and the one point nine percent in the black while the mars extended over two percent higher. as i look at something individual over song or mindsets we're seeing gains in the energy sector on stronger crude look close over two percent and gazprom gained over three percent bareback was also out supported by news it may see a record net profit in the first half of the year. so for now remember you can always find most stories on our website just logon to our team dot com plus. the real. world. bringing you the latest in science and technology from around the world. we've done the future of coverage. lead mission is. going to take three. more churches priests. three. three. three. the old city block. the street.

of this decision. let's look at the markets european indices extend their rise up to the european central bank grazes main interest rate to one hundred percent the bank of england has kept its key interest rate on tanks as worries about the economy is recovering overweight concerns about a block target nation efforts in the dax are pointing upwards in london hedge fund manager mangrove rally two point nine percent through pouring record sales of nine billion dollars. the russian markets are trading strongly in the black tracking games in the u.s. and asia investors globally are keeping an eye on the post office called fresh clues as to its handling of policy itself. that's the business for this hour i'll be back with more at forty five minutes from now. in the room.

main interest rates to one a half percent and hinted at more increases and coming months the bank of england has kept its key interest rate unchanged as worries about the economy's recovery outweighed concerns about target person in london hedge fund manager battle group rally three percent after reporting record sales of nine billion dollars in the latest in the last quarter. russian markets closed with biggest gains in two months and that one point nine percent in the black bottom isaacs and it over two percent higher let. have a look at some individual moves on the rise thanks we're seeing gains in the energy sector amid stronger crude oil ended over two percent and the black and gas problem gained over three percent spread back with also offset the supported by news of may see a record net profit in the first half of the here seems fresh and called head of equity sales that were also it wraps up a string. of the morgan to court stronger more senses of more than two percent. across the board species a good sign i mean there are a few major drug use we have seen quite the substantial old f

main interest rate to one and a half percent and hinted at more increases and coming months the bank of england has kept its key interest rate unchanged as worries about economies recovery outweighed concerns about target inflation in london hedge fund manager who probably three percent up recording record sales of nine billion dollars in the latest. and russell markets closed with the biggest games in two months the r.t.s. and it runs. point nine percent of the black bottom isaacs and it over two percent higher let's have a look at some individual movers album isaak's we're seeing gains in the energy sector i mean stronger cool with a well look caught up over two percent gas from gained over three percent as bad back was also off supported by news it may see a record net profit in the first half of the here. that's all for now stay with us for headline news with roy. the. wealthy british soil. is no time to subscribe to. the. market why not. come to. find out what's really happening to the global economy with much stronger for a no holds barred look at the global financial headlines tune into.

employment data also contributing to gains the bank of england has kept its key interest rate unchanged as worries about the economy's recovery concerns about above target inflation and russian stocks surged the most in tsunamis on thursday boosted by high oil prices also after the bank of america increased prices to news for some metal and mining companies the r.t.s. ended one point nine percent in the black modernize its and it over two percent higher let's have a look at something individual moves on the my six games in the energy sector is obvious on strong crude who co-wrote over two percent gazprom gains over three percent and bear bryant was also up supported by news it may see a record of net profit in the past year. so that's all from me in the business team here join us tomorrow for more business cannot stay with us. going to. the. wealthy british style. sometimes in the tightening. markets why not. come to. find out what's really happening to the global economy with much stronger for a no holds barred look at the global financial headlines tune into cars a report on our jeep.

decision to lift interest rates by a quarter of a percentage point to one a half percent the bank of england has kept its key interest rate unchanged as worries about the economy's recovery outweighed concerns about above target inflation. russians dogs surge the most in two months held her as they used to buy high oil prices and also after the bank of america increased price estimates put some metal and mining companies yes and one point nine percent in the black and it over two percent higher now let's have a look at some individual movers on the minus six we're seeing gains in the energy sector on stronger crude oil rose over two percent and gas problem again over three percent spread bank with also off supported by news it may see a record net profit in the past year. that's all for now i'll be back with some more updates in about forty five minutes from now thanks for.

raised main interest rate to one and a half percent and hinted more increase in coming months the bank of england has kept its key interest rate unchanged as worries about the economy's recovery outweighed concerns about above target inflation the footsie on the dax up pointing upwards and london hedge fund manager martin group rallied mostly percent after reporting record sales of nine billion dollars in the latest quarter and here in russia markets are trading strongly in the black tracking games in the us all majors like look all are gaining amid stronger crude still bank is up supported by news it may see a record net profit the first half of the year. that's all we have time for in this edition of business report be back with more about forty five minutes from now stay with.

employment data also contributed to the games the bank of england has kept its key interest rate unchanged as worries about the economy's recovery outweighed concerns about about target's place and russian stocks surged the most into long solved thursday boosted by high oil prices also after the bank of america increased price estimates for some metal and mining companies the r.t.s. added one point nine percent in the black while the my six and over two percent higher. now as i look at some individual resolve of my sex we're seeing gains in the energy sector on strong good crude look quote rose over two percent and gas from gain over three percent of the bareback was also up supported by news it may see a record net profit in the first half of the year. that's all for now remember you can always find most always on my website just logon to our team dot com. we'll. bring you the latest and sign systems to go.

decision to leave and frustrate sky a quarter of a percentage point to one a half percent the bank of england has kept its key interest rates unchanged as worries about the economy is recovering concerns about a bus stop inflation. the russians dogs surge the most into months on thursday to buy high oil prices and also after the bank of america increased prices to nuts for some metal and mining companies the r.c.s. and at one point nine percent in the black otherwise it's and it over two percent higher now let's have a look at some individual movers on the rise x. we're seeing gains in the energy sector on stronger crude book or rose over two percent and gas probably gained over three percent straggles off supported by news it may see a record net profit first off here. that's all for now i'll be back with some more updates in about forty five minutes from now thanks so much. for g.e. years ago.

main interest rate to one and a half percent and hinted at more increases and coming moms' the bank of england has kept its key interest rate unchanged as worries about the economy is recovering outweighed concerns about above target place in london hedge fund manager man crew probably three percent top reporting record sales of nine billion dollars in the latest quarter. and russian markets closed with the biggest gains in two months the r.t.s. and want. point nine percent in a black bottom isaac's and it over two percent higher let's have a look at some individual movers album isaak's we're seeing gains in the energy sector i mean stronger crude with a we'll look up over two percent gas from gained over three percent bareback was also off supported by news it may see a record net profit in the first half of the here. that's all for now stay with us for headline news with rory things.

see what really happens with that feature of news in this country that was the majority report bank of england. now from media war through actual war with today the u.s. led nato coalition in afghanistan handed over control of the capital of helmand province to the afghan army now this is one of the first places in afghanistan to go through the transition process to get u.s. troops out of the country by two thousand and fourteen that president obama has pledged but is it as smooth and hunky dory if we're made to believe has the u.s. left the afghan army prepared or does it leave behind forces too weak for the job they've been given there are in fact concerns about the new guard jason my leg who is an r.q. correspondent he discovered the reality from much better perspective than i can here he discovered it from within the ranks and called her watch. there's confusion on the faces of the afghan army soldiers as a firefight unfolds on the other side of the wall looking for them this is the kabul military training center and the boards being fired blanks the men here halfway through a ten week pro

what really happens with the future of news in this country that was i think majority report bank of england. now as people are questioning what will be the biggest fallout from news corps murder scandal my last guest thinks he's going down you we really don't know what's going to happen though but there are other questions of fallout that are going to have a much larger impact on people's lives on americans lives on afghans lives i'm talking of course about the drawdown of the afghan war now the question and answer to the question of what the largest fallout will be could arguably have a bigger impact on lives i said today the u.s. led nato coalition in afghanistan handed over control of the capital of helmand province to the afghan army now this is one of the first places in the country to go through the transition process to get out of the country by two thousand and fourteen as president obama has pledged but is a smooth and hunky dory as we're made to believe as u.s. left the afghan army prepared or does it leave behind forces that are too weak for the job that they're being given there