the fca is considering a heavy fine. barclay's bank. the fca is considering a heavy fine.rclay's bank says it faces investigations in the us, as well. simon gompertz, bbc news. the former business secretary, sir vince cable, has become the first to throw his hat in the ring to replace tim farron as leader of the liberal democrats. after losing his seat in 2015, he has just returned as mp for twickenham in this month's general election. declaring his candidacy, he said he would work to secure a second referendum on any brexit deal. 180 families directly affected by the grenfell tower fire have now received more than £200,000 from the government. the payments were recorded by the newly formed grenfell response team which is now managing the official response and support operation to the tragedy. richard lister is at grenfell tower. whilst i am sure the money will be welcome richard but many questions for many families remain unanswered. yes, and work is continuing to get a nswe rs yes, and work is continuing to get a nswers to yes, and work is continuing to get answers to so

the fca wants is an open question because there is limited evidence in markets around the world thattreet opened higher, as financial stocks rose, back in the uk, as that managers have seen share prices fall after the news of a big shake—up being imposed on their industry. energy companies also came under pressure as more evidence emerged of a glut of oil on the market. that's it from me. let's get more now on the grenfell fire, and two weeks on, theresa may has called for a "major national investigation" into the use of potentially flammable cladding on high rise buildings. one man, olu talabi, and his family escaped from the 14th floor. our reporter ashleyjohn baptiste spent time with them as they try to rebuild their lives. some viewers might find the details in this report upsetting. that dead lady. that's debbie. i didn't know she was one of the people that's missing. wow. i feel funny, man. oh my god, they're screaming. as an outsider, i have no idea how this is affecting you. i just want to see what i've come up from. i can, i can smell it. it's not as strong as that night, bu

authority wants a major shakeup of the asset management industry in a new report on the sector the fca calls for changes to improve transparency and value and hon for clients. gemma looked through that report it's pretty damming, isn't it? >> it is they're looking to increase the amount of accountability facing fund managers and secondly improve the opportunity for investors to understand what is actually going on in funds that means understanding the total costs better and understanding the funds objective. overall this means improved disclosure and transparency from fund managers. >> that actually going to happen we've seen similar fca reports before, competition coming from the passive industry yet transparency is not improving, maybe the fee structure is not improving as quickly as investors would want. is the asset management industry actually changing? >> look at how long the low yield environment persisted, and the gloomy outlook in many sectors for returns, you think there is more and more impetus to get something happening here. particularly called into criticism certain areas

and the fca have declined to comment, the bank didn't make any of the individuals facing interviewingable to bloomberg news . we look at the author of this story down a little later. barclays down .1% today. i just moved my chart, my mistake. but get back to the markets, the first half of 2017 comes to a close. joining us now, richard jones, strategist or bloomberg markets live and so the according the cost of -- and sofia horta e costa u. ,his is the country world index it has been normalized at 100 year to the other two lines are the commodity index, down about 7% and the bond index, which richard can refer to, little change, but stocks are winners in the first half. : it is the best first half of the year since 2003 and if we are ending today -- the u.s. doesn't do anything crazy, which i don't see why it should, it is the fifth quarter of gains for global equities for the first time since 2007. so, all going well for global stocks. the rally, and now it has shifted to financial stocks. mark: if you missed out on the stock rally, if you were shooed you would have put money on long

the fca is considering a heavy fine. ba rclay‘s says it faces investigations in the us, as well.review into the murder of toddler liam fee in fife in 2014 has said there were "missed opportunities" which might have saved his life. the two—year—old was murdered by his mother, rachel, and her partner, nyomi, after a campaign of mental and physical abuse, including locking him in a cage. but the independent review said liam's death could not have been predicted and that significant improvements had been made to services since 2014. our news correspondent, andrew black, is in glasgow and has been following the story. he was two years old when he was murdered in glenrothes in march 20 14. both murdered in glenrothes in march 20 1a. both women received life terms. liam died after a ruptured heart after blunt force trauma to the body and he had been subjected to a sustained campaign of physical and mental abuse. following the trial, an independent review was launched into the circumstances leading up to his there after a number of witnesses told the trial that they had raised concerns a

sentences of up to ten years if individuals are convicted, but it doesn't stop there for barclays — the fcas well. simon gompertz, bbc news. an american student detained by north korea for 17 months has died, days after being released and flown home to the united states in a coma. otto warmbier, who was 22, was sentenced to 15 years' hard labour after being convicted of stealing a political poster. our correspondent steve evans sent this report from seoul in neighbouring south korea. this was the last the outside world heard from otto warmbier. cries of anguish as he was sentenced to 15 years' hard labour in north korea. save this poor and innocent scapegoat! his crime — stealing a hotel sign in what seemed like a student prank. 17 months later, he returned home to ohio, in a coma. a week later, he is dead. north korea says the coma resulted from an illness more than a year ago. but americans are sceptical. why did north korea keep it secret if it did happen so long ago, they ask. president trump called the regime brutal. otto warmbier has just passed away. he spent a year and a half in nor

the fca is considering a heavy fine. ba rclays says it faces investigations in the us, as well.ws. joining me now is lord myners, former financial services secretary to the treasury from 2008 to 2010 and now a cross—bench peer. clearly some sensitivity around this. live investigation. tell us your thoughts when you heard this? we know that the serious fraud office have been looking into this for five years. getting additional funding from the treasury. it will be the first, probably last case to come before the courts, if barclays do not read guilty ahead of that. the first case, where we will see what happened during the banking crisis. how decisions had been made. in some ways, it is going to be part of adding to the national comprehension of how the great bank such as ba rclays got of how the great bank such as barclays got itself into such an exposed position. as we heard... it was always noted at the time that ba rclays took was always noted at the time that barclays took a different approach to some of the other banks? yes. the british government had basically concluded wi