is there another explanation why northern rock wasn't saved? says the rock was punished for being northern. we were seen as a bunch of northern spivs who deserved what they were getting. no, i don't think that's true at all. after all, other banks also failed in the same way. northern rock was perhaps unfortunate in being at the front of the queue, but it wasn't different in nature from the other banks and the other banks also failed. so, no lloyds takeover. no secret loan. the bank of england was preparing to announce it was providing emergency cash. it looked like they could avoid much of the storm, until robert peston stepped in. he became saint and sinner. one of britain's biggest mortgage lenders, northern rock, is applying to the bank of england for emergency financial support. fear has been stalking the markets for weeks now. the mere fact that the bank of england has stepped in will actually worry people tomorrow. i suspect we will see shares coming off a bit. i was accused of destroying northern rock, of trying to bring down the entire

these were northern rock branches all around the uk.ews sparked the first run on a british bank in 150 years, with savers queuing to try and get their money out. five months later the bank was nationalised. northern rock had borrowed too heavily on international money markets in order to lend to customers. and as fears of a financial crisis began to grow, the cash dried up, forcing the bank to the brink of collapse. so what's changed 7 well, here in the uk, savers get much more protection now. as of this year, the government guarantees you will get back up to £85,000 — that's around $112,000 — if a bank fails. that's well over double what it was before the financial crisis. what about the banks themselves? they are now obliged to keep more money in reserve. and they have had to ring fence their retail services from the investment arms. but is it enough? the man appointed by the uk government to review the financial industry after the crisis told the bbc‘s newsnight programme this week — that lots more needs to be done. iam i am really v

an awful lot of people were affected by the collapse of the northern rock bailout.ssociation of small shareholders in northern rock is saying that these shareholders are demanding something back. they lost out during the bailout. they are saying that the government made millions, billions of pounds of profit from that bailout and they are now entitled to that. it's an interesting story. that anniversary is coming up. but equally a lot of the people affected by northern rock in this way are widows and pensioners now. those are the most vulnerable. not only that, we are living in an incredibly difficult time for consumer confidence. inflation is at a high. the pound is falling. we don't know where we are going in terms of the eu and brexit. this just sounds like a household savings story. the pound in our pockets feels more fragile than ever. if you were someone who was struck by northern rock ten years ago, then that is something you are still going to be reeling from. yes. talking about the pound in our pockets, petrol prices might be going up. not an encouraging st

losing the northern rock was notjust the colla pse northern rock was notjust the collapse of the banknal commitment that northern rock had when it floated on the stock market, to give 5% of those profits back into local and the city is doing well and recovering but we helping us tackle. it was such a big part of this area. james from the north—east chamber of commerce, tell us what it meant for businesses disadvantaged areas that the northern rock was really helpful in helping us tackle. it was such a big part of this area. james from the north—east chamber of commerce, tell us what it meant for businesses as nick mentions what it was like to individuals but it really rocked the confidence of business as well.m really was at the heart of everything that we do. this region's economy was in such a big strength that then that had such an emotional impact everywhere. how are things now? we are back to functional employment it had such an emotional impact everywhere. how are things now? we are back to functional employment. that is more advertised. this region is really grated exporting. w

but i do not think you can bet it on northern rock.ed, we would still have had a global financial crisis in 2008. fair point. one of the things i think maybe public extremely angry, and anger is still present, is the sense that a lot of bankers got away with it. i know that you are not a believer in sending bankers to jail. but it sticks in the throat that so many people make money from activity that was socially useless and they kept the money when it was obvious they damaged the institutions they were working for. was there anything they could do? i think so, some bankers have gone to jailfor individual criminal acts and it is difficult to tear up acts that are valid in law but the crucial thing is to investigate very carefully what happened, and reflect on it, and make sure that we create a system that will not fail in a way that the whole system failed in 2007-8. isn't that just a little bit limp as a reaction? the chief executive of the lehman brothers took home something like half $1 billion in the decade before the bank that he

it's ten years since the collapse of northern rock.s up—and—down the country. it was the first run on a british bank in more than a century. our business editor simon jack looks back at the collapse, which became a symbol of the financial crisis in the uk. it was the moment a financial crisis born miles away in america arrived at the door of northern rock. ten years ago this week we saw the first run on a high street bank in over 1a0 years. this is where i started. romilly turton had just retired. he had his life savings in the bank and was in one of those queues. i was desperately worried that i was going to lose, effectively, my life savings and i felt hours rather than days were the issue. every single person in that queue was as seriously worried as i was. northern rock had lent out more money than its savers had put in, raising the difference from international markets. when they dried up it needed help and once people knew that they wanted out, which made the problems worse. days later the government stepped in. should it be nece

it was the event that kicked off the financial crisis — the collapse of northern rock.e how it affected the region. hello. it's an absolutely glorious morning here on the river tyne. of course you can see the famous landmarks of tyne bridge there. hundreds of thousands of people running across that on sunday, of course, for the great north run, but it was here that the home of northern rock was. so it was headquartered here. the bank which ten years ago this week got into financial difficulty we found out. i was one of the team working behind the scenes on breaking that story that northern rock had actually gone to the bank of england to get money, to get help and it was that which then led to the famous pictures you saw of people queuing outside of the bank because people were worried, they were worried about whether they were going to get their money out of this bank and around about £1 billion worth of money was taken out of the bank in those few days after we broke that story. of course, since then, well, it started the credit crunch in the uk. we saw how banks acro

these were the scenes at northern rock branches around the uk. you may remember them.un‘ on a british bank in 150 years, with savers queuing to try and get their money out. as you can see. five months later the bank was taken into government hands — it was nationalised. northern rock had borrowed too heavily on international money markets in order to lend to customers. and as fears of a financial crisis began to grow the cash dried up, pushing the bank to the brink of collapse. so what's changed ? well, here in the uk savers get much more protection now. as of this year, the government guarantees up to £85,000 of your savings — that's around $112,000 — if a bank fails you get it back. that's well over double what was before the financial crisis. what about the banks themselves? they are now obliged to keep more money in reserve. and they have had to ring fence their retail services from the investment arms to protect consumers‘ money better. but is it enough? joining us is professor steve keen, head of the school of economics at kingston university london. what is your

we got involved ten years ago, it northern rock was nationalised., that is really important. and in following it through, stayed with the story until the government split the story until the government split the bank between the good bank and the bank between the good bank and the other bag. we bought the goodbye five years ago and i still have to pinch myself when i walk into this wonderful building and think it is virgin money. interesting you notice how she said that they split up between the good bank and the other bag. some people at the time called at the bad bank. it had to be disposed off in other ways. interestingly, at the end of the day, now we are talking about that other bag has been sold off and assets have been distributed in other places, the government is sitting on a profit. we do not know how much that profit is, could be as much as 11 billion some people say. what will happen to that money? some people say that money should come back somewhere or other to the north—east. shareholders who lost everything, they say that they should

we still miss northern rock.deed forjoining us. that's it. the scars do remain even though for many people they have actually healed. that's it. jamie, thank you for now. jamie robertson there in newcastle. . newcastle.. jamie robertson there in newcastle. . newcastle. . 0ne jamie robertson there in newcastle. . newcastle.. one more item to bring you before the weather: a 250—metre long "fatberg" weighing more than eleven double decker buses has been found blocking a sewer in east london. thames water described it as one of the largest it had seen and said it would take three weeks to remove. 0h, oh, this gets worse! the solid mass of congealed fat, wet wipes, nappies, oil and condoms formed in a victorian—era tunnel. sometimes it's more information than you need, isn't it? work at whitechapel road to remove the immense fatberg started this week. i'm just not really looking, i hope you did the same. it's a lesson to everybody, isn't it? thames water presumably not very happy at all. let's move on. time for a look

in newcastle, i think most people know the importance of northern rock. thing that made it so special to the people of the north—east. i am joined special to the people of the north—east. iam joined by special to the people of the north—east. i am joined by the former chairman of the northern rock foundation. tell me about how this organisation works. it was set up by the bank but was set up as an independent body it had a remit to help the people of the north east. we set about with the cash that the bank devers to pick on groups of people who we felt were otherwise marginalised and not getting help from anywhere else. we focused on children who had mental health problems, who had disabilities, who we re problems, who had disabilities, who were perhaps the subject of sexual abuse, elderly people with dementia, domestic abuse in the warm, all of these kinds of needs. we help those charities to help themselves up on their feet. what happened to it after northern rock went under? we had quite a bit stored awayjust in case things like this might have happened

but a decade on, have the lessons of northern rock been learnt? plus the oil age may be ending, but what comes next? toyota is betting on hydrogen. we hearfrom the european boss at the frankfurt motor show. hello. thank you for being with us here in bbc news. eight residents of a florida nursing home have died after hurricane irma knocked out its power and air conditioning, when it hit the state on sunday. 115 other residents of the home were evacuated, a number of them were in critical condition. police are now conducting a criminal investigation into the deaths. sarah corker reports. a state of emergency at a nursing home in florida. without air—conditioning since hurricane irma hit, four days ago, police say the deaths at the home in hollywood hills, north of miami, may be related to high temperatures inside the building. a tragedy described by one florida senator as inexcusable. 115 elderly and vulnerable residents, some in significant distress, were taken to safety on wednesday. at this time we have other patients in critical care. right now

another ten year anniversary in the financial pages of the guardian, this time of northern rock. report released today says that the uk's high street banks are an accident waiting to happen — still. the times has a story about crypto—currency and a warning from the uk's city watchdog about the dangers of investing in the virtual currencies. and, finally, on our website, there is a very cute picture a litle newborn, goes by the name of eric "luke" trump, us president donald trump's ninth grandchild, the first child for the president's son eric and his wife lara. joining us is lawrence gosling, editor—in—chief of investment week. morning. shall we start with the action picture? emmanuel macron doing what presidents are supposed to be doing. particularly when you are becoming increasingly unpopular at home, which he is. his honeymoon period is perhaps long gone. we have seen domestic strife. he is out in the french caribbean. fortunately, like a lot of politicians, he looks far too polished. he has his sleeves expertly rolled up. and as someone commented, he looks a little bit like

the ft is leading on investors in northern rock reigniting the campaignfor northern rock reigniting thethe bank. we will dip intoa nationalisation of the bank. we will dip into a few of those over the next ten minutes. let's talk about the march of the bin snoopers. this is the latest episode of the big brother binmen who have been on overdrive, apparently. they have recorded almost 7 million incidents of people overfilling their wheelie bins. these are so—called recycling offences which could mean overfilling them, keeping their lids open, god forbid, contaminating their recycling. not washing out items before putting them in the recycling. householders face fines of about £60, £80, depending on where they live, as a result. this is the latest. we have seen in previous years where some bin lorries have been fitted with spywa re. lorries have been fitted with spyware. some lorries have been fitted with spywa re. some councils lorries have been fitted with spyware. some councils had lorries fitted with touch screens so binmen could swipe whether people had put their bins out late, for ex

today, exactly ten years after worried northern rock savers queued to take their money out of the failingy at last be about to rise. in order to keep inflation, or return inflation to that 2% target, in a sustainabable manner, there may need to be some adjustment of interest rates in the coming months. now, we'll take that decision based on the data but, yes, that possibility has definitely increased. after the banking crisis struck, the bank of england slashed the official interest rate to 0.5%, the lowest it had got in 300 years, an emergency measure. since then, interest rate setters have met 97 times. each time, the question, when will rates rise? but each time they've done nothing, until last august, when they decided, in the wake of the brexit vote, to cut interest rates to a 0.25%. now the city thinks they'll go back up to 0.5% by december. a rise in the interest rate would help us greatly, thank you very much, because we don't have mortgages. if you've got savings, you want to see them maximise out and give you a good return, but for years obviously that's not happened. well, in s

ten years ago tomorrow, northern rock customers famously did this when they realised their money mighte pilot at the time, mervyn king, governor of the bank of england. why does he think no bankers even went to jail? and... what would you think if i voted to leave? i would have voted for brexit, yeah. i would have voted to get out. but don't tell bob geldof. hello. tomorrow, the grenfell tower inquiry begins. chaired by sir martin moore—bick, who had a rocky initial reception from some of the families affected by the fire, it has to work out exactly what caused the fire three months ago. but it is an altogether bigger moment too — a detailed case study of how well our country works, particularly for those without the connections or money to fix things in their favour. under examination will be building and fire safety regulations, the response of the fire brigade, and the responsiveness of the council to its tenants' concerns, among other things. and careful to dispel any suspicion of cover—up, it'll all be streamed live. we'll look at the hopes and fears people hold of the inquiry sho

today, exactly ten years after worried northern rock savers queued to take their money out of the failingmay at last be about to rise. in order to keep inflation, or return inflation to that 2% target, in a sustainabable manner, there may need to be some adjustment of interest rates in the coming months. now, we'll take that decision based on the data but, yes, that possibility has definitely increased. after the banking crisis struck, the bank of england slashed the official interest rate to 0.5%, the lowest it had got in 300 years, an emergency measure. since then, interest rate setters have met 97 times each time the question, when will rates rise? but each time they've done nothing, until last august, when they decided, in the wake of the brexit vote, to cut interest rates to a 0.25%. now the city thinks they'll go back up to 0.5% by december. a rise in the interest rate would help us greatly, thank you very much, because we don't have mortgages. if you've got savings, you want to see them maximise out and give you a good return, but for years obviously that's not happened. well, in s

another ten year anniversary in the financial pages of the guardian, this time of northern rock.cident waiting to happen — still. the times has a story about crypto—currency and a warning from the uk's city watchdog about the dangers of investing in the virtual currencies. and, finally, on our website, there is a very cute picture a litle newborn, goes by the name of eric "luke" trump, us president donald trump's ninth grandchild, the first child for the president's son eric and his wife lara. joining us is lawrence gosling, editor—in—chief of investment week. morning. shall we start with the action picture? emmanuel macron doing what presidents are supposed to be doing.

all this week we've been looking back at the collapse of northern rock ten years ago — and talking to they faced and what lessons they now draw from the whole time. shriti vadera spent years as an economic adviser to gordon brown — eventually becoming baroness vadera and a junior minister. during the whole northern rock crisis she was a key member of the team trying to ensure the bank survived — or at least that it didn't take the british economy down with it. she is now the chairman of santander uk, one of the most influential voices in the city, although here she is speaking in a personal capacity. i began by asking her about her recollections of that time. i do try and think of it as little as possible, it's fair to say it was just incredibly fraught then, because what we were doing was quite unprecedented, both globally and historically. so, i think it was unnerving. it was one of the most frightening times of my life, actually. did you know you were right, or did you think, i'm flying blind here and praying? i think, at the time, you have to have conviction and, in particular, ca

s largest mortgage lenders northern rock here he is reflecting on twenty first century advance capitalism i was on holiday with the family and i was sent to get the morning bread and milk and i happened to notice a copy of the f.t. and i saw it on the chance for a bit of a look and see what's going on abortion and i was standing there waiting for it to get up and i read this report that charm the french bank society general had warmed up suspended dealings with three of its farms because it couldn't value them anymore because of the subprime crisis on the same page it was an article saying one of the german regional banks was in trouble so i phoned the treasury and said if it's happening here it must be happening in london yes new labor chancellor alistair darling heard about rumblings of the worst economic catastrophe in the western world since nine hundred thirty s. whilst perusing a newspaper on holiday well some a demanding justice people like broke last thing legend know well it means with me arguably one of the reasons why i'm in broadcasting with me is known edwin's the infamous br

the local newspaper started a save northern rock campaign.'ve been told that we are going back to the studio to a speech byjeremy corbyn. sorry about that. you are right. there is the labour leader who has started speaking in brighton. shami chakra barti sends shami chakrabarti sends her solidarity and support to you at the tuc. thank you everything you do as a movement for our people and our country to secure better conditions and pay for working people and give them a voice in the workplace and a say in our politics. trade unions are farand say in our politics. trade unions are far and away the biggest volu nta ry are far and away the biggest voluntary and democratic organisations in this country. they are the roots and lifeblood of the labour party. you are abused by the powerful and your rights attacked, including by this government, but the trade union movement represents the trade union movement represents the best of britain and is a vital engine of progress in our democracy. of course, trade unionism has always had international solid

today, exactly 10 years after worried northern rock savers queued to take their money out of the failing last be about to rise. in order to keep inflation, or return inflation to that 2% target, in a sustainabable manner there may need to be some adjustment of interest rates in the coming months. now, we'll take that decision based on the data but, yes, that possibility has definitely increased. after the banking crisis struck, the bank of england slashed the official interest rate to 0.5%, the lowest it had got in 300 years, an emergency measure. since then, interest rate setters have met 97 times each time the question — when will rates rise? but each time they've done nothing, until last august, when they decided, in the wake of the brexit vote, to cut interest rates to a 0.25%. now the city thinks they'll go back up to 0.5% by december. a rise in the interest rate would help us greatly, thank you very much, because we don't have mortgages. if you've got savings, you want to seem maximise out and give you a good return, but for years obviously that's not happened. well, in some cases

lead mittens as he fights financial regimes on the tenth anniversary of the collapse of britain's northern rock bank and from the headlines will review claims of chaos in caracas and the right royal bum on the freehold free for all all of them all coming up in today's going underground but first it's arguably unsurprising. today a tory british prime minister like tourism a should have a defense secretary address one of the largest arms dealing festivals in the world before donald trump's three hundred fifty billion dollars deal with saudi arabia now threatening tens of millions in yemen there was a courtesy of wanted to raise a maze heroine's this was the most corrupt commercial transaction in commercial history of all time it was sanctioned by margaret thatcher who son mark thatcher was paid twelve million pounds as a bribe on the deal the greatest irony of all though is that the son of the saudi defense minister prince bandar bin sultan who was the saudi ambassador to the united states at the time was paid over a billion pounds into his accounts which were held in riggs bank opposite the whit

ago, the date was july 2007, rise was more than ten years ago, the date wasjuly 2007, so before northern rockst time they felt to the emergency level was march 2009 and the last time they moved was august last year, august 2016 when they dropped. people have been anticipating over 97 meetings a rise in interest rates and it hasn‘t happened. so, when will it happen? the speculation in the city this morning before the bank of england came out with its statement was february, rant about them is when rates would rise. but this statement, as you mentioned, hints it might be sooner than the market felt. some stimulus is likely over the coming months, translation, we may have to raise interest rates in the coming months. of course, thatis in the coming months. of course, that is a fairly elastic phrase, it could be three months and it could be eight but the markets anticipate a rate rise in december. all right, thank you, andy verity. a prisoner was murdered by three fellow inmates at pentonville prison in london, as part of a violent feud over control of a lucrative smuggling route into the jail, t

ethnic cleansing by its forces but there is no denying the destruction of the hinge of villages in northern rock and state that have been their homes for generations these are their homes now makeshift shelters on hillsides muddied by the monsoon rains nature too has been unkind to the injured. a shortage of basic sanitation means the ever present risk of disease and aid efforts are only starting to meet their needs. the mixture of needs that are staggering together with the trauma that they carry from having witnessed incredible violence that mixture shock me profound that maybe this is the first that the un's refugee chief warns this crisis may be long yes we need to be ready for. it's a problem that could last for some time but we also need as the prime minister of bangladesh has said many times we need to invest in a solution to this problem we cannot simply ignore the fact that these people have a right to return. but me and doesn't recognise their right to be there nor does bangladesh want the real hindu to stay a people made stateless semed helpless by the arbitrary borderlines of colonia

estimate that four hundred almost four hundred and thirty thousand refugees from myanmar from northern rock and state have poor into bangladesh in the past few week violence has to stop because it is that violence that has caught cause the flight of the people violence has to stop. a shock is now turning to anger among will hinge refugees pouring into bangladesh some are calling from retaliation against this necklace from the border. inside this bag is a twelve year old girl she's being carried to the camp by her cousins after crossing the border. more soldiers slit her brothers groet. they then came after her her cousins won't say exactly what they did to fetch of a since she's been unable to speak eat or drink whatever they did has put her in the state of shock the long song she is responsible for all this she is responsible for the killings for the violence against our people. supported the noble laureate hoping she would bring an end to their persecution instead mob attacks led by buddhist monks and the military against their community have intensified since she came to power in two tho

exactly ten years ago today the bbc broke the news that high street lender northern rock had been forcedial crisis to come. it had huge implications for the industry and led to major changes — but some say not nearly enough. changes to the rules on letting property could force more landlords to quit the market altogether. the royal institution of chartered surveyors says nearly two—thirds of landlords would exit the market than join it in the coming year. investors have been hit by changes to stamp duty and tax relief. and volkswagen and its chinese partners will recall 4.86 million vehicles due to safety issues with airbags supplied by takata. the recall, which begins in march next year, related to cars from vw china, volkswagen and saic volkswagen. airbags made by the bankrupt auto parts maker have been linked to at least 16 deaths, and 180 injuries worldwide. and tesla is likely to unveil its electric articulated lorry in october, according to boss elon musk. last year, mr musk said the company wanted to branch out beyond cars. the move would be significant in an industry dominated by

and ten years on from the collapse of northern rock, we hear about the secret plan that some say couldved the bank. that's in inside out in half an hour. good evening and welcome to bbc news. detectives investigating the bomb attack on the london underground say they are continuing to hunt for suspects despite arresting an 18—year—old man, on suspicion of leaving the device on the train. they are keeping "an open mind" on whether more than one person was responsible for the bombing. 30 people were injured when it detonated yesterday at parsons green station. the man was taken into custody this morning in the port area of dover. the police believe the attack was motivated by islamist extremism. police are searching a property in the surrey town of sunbury—on—thames and evacuated several houses nearby as a precaution. our correspondent robert hall has the latest on the investigation from new scotland yard. the deputy assistant commissioner, from the counterterrorism unit. he's basically been leading us through what has been a very fast—moving day, here in london, down on the coast of ken

news in half an hour, inside out reveals the secret plan that could have stopped the collapse of northern rockernoon and welcome to bbc news. police have arrested an 18—year—old man at dover in connection with yesterday's bombing of a london underground train. the arrest is described as significant. armed police and military personnel are being deployed at key locations across the uk, following the raising of the terror threat level to critical — the highest possible alert. it means the government believes a further attack may be imminent. an emergency cobra meeting is being held this lunchtime. 0ur correspondent robert hall is at new scotland yard. thank you very much. just news on that cobra meeting first. we're told it broke up a short time ago. it lasted about 45 minutes. we hope to bring you more about what the meeting covered in the next few minutes or so. let's get back to the developments of the morning. we know that this investigating team, this huge investigating team, involving police and intelligence officers we re police and intelligence officers were hopeful that the significant

of right whether easing a little further into some very unsettled weather coming through here northern rock on the other hand looking hot and dry bats at around thirty degrees celsius bengazi with a high of twenty five. determined to live life to the full. i have very limited science five percent but i can distinguish objects big and small realize their ambition but also i was hungry for but also afraid of it because i'm married for love i still today. follows for inspiring people in istanbul as they seek to prove that seeing isn't everything at this time. or mind of our top stories here on al-jazeera spacings government is deploying place ahead of the band secession of all in its catalonia region on sunday describing it as a mockery of democracy safe spaces have been created for a range of children inside refugee camps in bangladesh where their families have fled to escape the violence in the. u.s. says it's maintaining direct channels of communication with north korea secretary of state rex tillerson visits china for talks. of the mayor of puerto rico's capital someone has accused the tru

and ten years on from the collapse of northern rock, we hear about the secret plan that some say couldved the bank. that's in inside out in half an hour. good morning. police investigating the london tube bombing have said they've made a second arrest. the arrest follows intense police activity in sunbury on thames —— where armed officers evacuated residents to search a property. scotland yard says a 21 year old man was detained in hounslow in west london late last night. detectives are also continuing to question an 18 year old man who was arrested in dover yesterday, on suspicion of planting the bomb at parsons green station on friday. the uk terror threat level remains at critical following the attack. andy moore reports on the latest into the investigation. on a saturday afternoon in a london suburb, people looked out of their windows to find heavily armed counter—terror officers in their alleyways and streets. many residents were evacuated as the police operation continued. the centre of their attention was the home of an elderly couple who had fostered hundreds of youngsters over

but a decade on, have the lessons of northern rock been learnt?

ten years ago tomorrow, the bbc revealed the bank of england had stepped in to bail out northern rockancial meltdown. this week, newsnight is looking back at what happened a decade ago and trying to work out where it leaves us now. we sent our business editor, helen thomas, to ask whether current regulation would protect the economy from similar shocks in future. and sirjohn vickers, who led the government's inquiry in the wake of the crash, told her thinks he thinks we're only halfway there. here's helen's report. should we have seen it coming? debt piling up, loans repackaged into an alphabet soup of investments, sold widely to... well, game investors, who bet that a aaa badge meant a sure thing. then, a tremor in the us housing market. and the slow realisation that one knock in one place could set off a series of calamities around the world. most people, most intelligent, thoughtful people in positions of power in the financial authorities believed that they had things under control. that the world had become a safe place, that, through a number of policy initiatives, the problems

across north america, we can talk about the rain into northern rock east, very useful wind because wildfiresrling away there. let's have a look at the east pacific just off the there. let's have a look at the east pacificjust off the coast of mexico. this is tropical norma. it is expected to turn into a hurricane in the next few days as it continues to move northwards. it good reach the bar happening chiller. tropical storm was a has—been swirling out in open waterfor quite storm was a has—been swirling out in open water for quite awhile. the signs are that it will strengthen as it moves close to the east coast of the united states and may become a hurricane, then expected to veer off into local waters. in southeast asia, we have had some very heavy rain tropical storm cindy of la ndfall rain tropical storm cindy of landfall in vietnam. there is also a typhoon, quite strong, expected to move towards japan. it is likely to plough through central and southern japan, then across by next week. it threatens to bring pretty damaging stuff. we a re threatens to bring pretty damaging stuff. we are l

the green line, by the way, is the index value the day before the northern rock run. 10 years ago to the day. wow. how times change. vonnie: well, exactly, mark. in some senses. today, we are asking deal or no deal? this question following president donald trump's dinner with the senate minority leader's. the president's tweets were not consistent with the agreement which last night, they said. the president telling the press this morning he is fairly close to a deal to protect so-called dreamers. president trump: we are working on a plan for daca. people want to see that happen. you have 800,000 young people brought here, no fault of their own, so we are working on a plan. we will see how it works out, but we are going to get massive border security as part of that. vonnie: the president going to southwest florida to survey hurricane recovery efforts. joining us now, the senior executive editor of global economic sentiment for bloomberg news. it seems that an agreement is in principle, but are all parties in agreement about what the agreement is? marty: absolutely not, which is typi

the day before the northern rock run 10 years ago. shares up by 11%.thing retailer upgrading its forecast for full year earnings today. it has improved product ranges. it's bouncing back also from a difficult period. the chief executive has the acumen investors hope to steer through the uk's second-biggest clothing retailer, a pretty difficult position because investigators are witnessing the squeeze on disposable incomes and this growing tendency for brits to spend more on experiences than fashion. it's rallying today, up by 11%. boe in the few hours time. will there be a divide? two voting for rate hikes, will it be three? what is going to be the impact on sterling? this is the british pound index. as you can see, is rising for the fourth day in five. on to it had the highest level since august 2. since falling to that three-month low in august. has plunged 14% since the brexit vote. the record low for sterling index was october after the brexit vote which represented an 18% decline post june 23. in sight for the uk's bond market, excel or inflation

spots of rain whether easing a little further into some very unsettled weather coming through here northern rock on the other hand looking hot and dry are bats at around thirty degrees celsius bengazi with a high of twenty five. ever since i was a little boy in india my dream was to make but he would so five years ago i decided i was finally going to do it one man's quest to realize a lifelong ambition the story i choose to lose my one village and it's transformation going behind the lens that's gone from saying brings his personal story to life. al jazeera correspondent my own private bollywood at this time. this is a really fabulous news from one of the best i've ever worked in there is a unique sense of bonding where everybody teams in but something i feel every time i get on the chair every time i interview someone we're often working round the clock to make sure that we bring events as i currently as possible to the viewer that's what people expect of us and that's what i think we really do well. i wind of the top stories here on out spain's government is deploying police ahead of the ban s

ten yea rs ten years ago northern rock were forced to ask for help.ting property could force landlords to quit the market. the royal institution of chartered surveyors says that two thirds of landlords would exit the market rather thanjoining it. landlords would exit the market rather than joining it. investors have been hit by changes to stamp duty and tax relief. auction wagon have recalled vehicles relating to air safety bags. air bags made by the brunt auto parts maker have been linked to at least 16 deaths and 180 injuries worldwide. tesselaar is likely to unveil its electric articulated lorry, according to the boss, e loshgs musk. he wanted to branch out into cars, dominated by heavy duty diesel vehicles but the industry say. let's check in with the financial markets now. the pound jumped by over a cent against the dollar and yields of gilts. uk government bonds also rose, after that warning from the bank of england that rates were likely to rise for the first time in more than a decade in the "coming months". that pushed the ftse100 sharply low

ethnic cleansing by its forces but there is no denying the destruction of the hinge of villages in northern rock and state that have been their homes for generations these are their homes now makeshift shelters on hillsides muddied by the monsoon rains nature too has been unkind to the injured. a shortage of basic sanitation means the ever present risk of disease and aid efforts are only starting to meet their needs. the mixture of needs that are staggering together with the trauma that they carry from having witnessed incredible violence that mixture shock me profound that maybe this is the first the un's refugee chief warns this crisis may be long yes we need to be ready for. it's a problem that could last for some time but we also need as the prime minister of bangladesh has said many times we need to invest in a solution to this problem we cannot simply ignore the fact that these people have a right to return. but me and doesn't recognize their right to be there nor does bangladesh want the river to stay a people made stateless and helpless. borderlines of colonial history. publicly at least

following the money ten years on from the collapse of northern rock — who are the winners and losers?

(pam) the so- called eagle rock fire has burned 10- thousand acres in northern oregon. it is also threatening hundreds of homes.(pam) cole miller joins us live from in troutdale oregon ... cole, today we learned who police suspect of setting off this huge fire... authorities say a 15-year-old boy is the suspect in a large blaze burning east of portland, oregon, that was likely caused by fireworks.the oregon state police said in a statement tuesday that the teen from vancouver, washington, and others may have been using fireworks on a popular trail in the columbia river gorge area.the blaze that has closed an interstate highway and forced hundreds to flee began saturday. authorities say the boy was interviewed in the parking lot of the trailhead.state police say the investigation is continuing. no arrests or formal charges have been made. (steve) thank you cole. back in california --- firefighters are gaining the upper hand on a pair of destructive fires. first to butte county. where the ponderosa fire is now 72 percent contained but not before it has burned more than 4-