about the pensions mess left behind, the corporate culture that allowed it all to happen, and sir philip green'se'll be hoping this settlement puts that all behind him. others will see today as a very significant precedent for the future. great value, good quality... sir philip was vilified by the public and politicians who saw him as a mascot for corporate greed. today his critic in chief issued this grudging acknowledgement. it's a very important milestone in getting justice for pensioners and workers at bhs. pensioners have got a better deal than they would have done, they haven't got everything, but there's a long way to go in the inquiries before sir philip green and the bhs book is closed. this settlement was voluntary, but he was being pursued vigorously by regulators, who will now stand down. £363 million isjust over 10% of his net worth, a price worth paying, perhaps, for his reputation and his knighthood. whether he can keep either is still not, in his words, sorted. let's take a look at some of the other stories making the news this evening. a 21—year—old man from cardiff has been jai

sir philip green agrees to pay over £350 million to workers' pensions at bhs.call to spare jail for paedophiles who view indecent images but aren't thought to be a physical threat to children. the metal detectorists who struck gold, and found iron age jewelry last worn 2,500 years ago. coming up in sportsday later in the hour on bbc news. back on court for the first time in five weeks, andy murray is into the second round of the dubai 0pen. good evening, and welcome to the bbc news at six. the coroner at the inquest into the deaths of 30 british tourists who were killed in a gun attack on a beach in tunisia has described the local police and military response as "at best shambolic, at worst cowardly". he said their delay in arriving at the scene was deliberate, and singled out one officer who fainted with fear, and another who removed his shirt to hide the fact that he was an officer. he ruled the victims of the terror attack at the resort in sousse in 2015 had been unlawfully killed, but stopped short of finding there had been neglect on the part of the tour o

sir philip green has come up million.sir philip green has come up with 363 million of which still leaves a massive hole. yes but that 570 figure was to buy out the pensions with a company like that belonging to steve. i was more than anxious to push that because if someone anxious to push that because if someone told developer needed £400 he would have settled for £200. while pensioners are better off, they will get their pension in full, they will get their pension in full, the pension will be increased at a lower rate of inflation and if sir philip had not behaved in this way and if we had not seen the bhs brought down into the dust. so i hope the pensioners will see it as a good move. but it is only the beginning and sir philip by running bhs like this has opened a pandora's box and there major reports still to come in and all could be deeply critical of him. so while i hope pensioners feel it is not too bad a deal, the public judgment pensioners feel it is not too bad a deal, the publicjudgment on sir philip has still

sir philip green has reached a cash settle m e nt sir philip green has reached a cash settlement with the pensions regulator worth up to £363 million. former chancellor george osborne warns of significant risks to britain's economy if theresa may fails to secure a trade deal with the european union after brexit. a senior police officer says not all paedophiles should be prosecuted — lower level offenders should be rehabilitated. found in a field in staffordshire — the iron age necklaces thought to be more than two thousand years old go on public display. the families of some of the victims of the tunisia terror attack are seeking to pursue legal action against the travel operators. it is after a coroner here at the royal courts concluded that all 30 british victims had been unlawfully killed, he also said he could not make a finding of neglect over the vulnerability of the resort to an attack. judge nicholas loraine smith described the response by the tunisian security forces to the killings as at best shambolic, at worst cowardly. an islamist men, seifeddine rezgui, carried out the k

about the pensions mess left behind, the corporate culture that allowed it all to happen, and sir philip green'slement puts that all behind him. others will see today as a very significant precedent for the future. great value, good quality... sir philip was vilified by the public and politicians who saw him as a mascot for corporate greed. today his critic in chief issued this grudging acknowledgement. it's a very important milestone in getting justice for pensioners and workers at bhs. pensioners have got a better deal than they would have done — they haven't got everything — but there's a long way to go in the inquiries before sir philip green and the bhs book is closed. this settlement was voluntary, but he was being pursued vigorously by regulators, who will now stand down. 363 million isjust over 10% of his net worth — a price worth paying, perhaps, for his reputation and his knighthood. whether he can keep either is still not, in his words, sorted. simon is with me. sir philip green has been vilified for months. are people today prepared, even grudgingly, to give him credit for this? a li

sir philip green has come up million.as to buy out the pensions with a company like that belonging to steve. i was more than anxious to push that because if someone told developer needed £400 he would have settled for £200. while pensioners are better off, they will get their pension in full, they will get their pension in full, the pension will be increased at a lower rate of inflation and if sir philip had not behaved in this way and if we had not seen the bhs brought down into the dust. so i hope the pensioners will see it as a good move. but it is only the

in the summer sir philip green made bhs pensioners a promise. will find a solution. i want to give an assurance that i'm there to sort this. what he was promising to sort was leaving thousands of pensioners short—changed after bhs collapsed, having been sold by sir philip to a retailing novice forjust £1. he has agreed to pay £363 million of his own money to plug a hole in the pension fund, estimated on some measures to be £571 million deep. this settlement isn't enough to give 19,000 pensioners their full entitlement, but it's better than they would have got in the industry rescue fund. the ordinary members of the pension scheme do ok out of this. it's an ok deal for them. they are slightly better off than they would be by staying in the pension protection fund but it's at the margin. that dark stain is all that is left of bhs‘s flagship store on oxford street. the debate about the pensions mess left behind, the corporate culture that allow that to happen, and sir philip green's behaviour has raged on. you'll be hoping this put that behind him,

retail tycoon and former bhs owner, sir philip green, has agreed to pay £363 million to plug the gapin the company's pension scheme. the uk's most senior police officer, dealing with child sex abuse, says that low risk paedophiles should be given counselling and helped to rehabilitate, rather than face prosecution. andrew saunders who murdered his ex—girlfriend and her new partner outside the mad land store has been jailed for life with a minimum term of 23 years. buried for 2500 years — two amateur treasure hunters discover what is probably the oldest iron age gold jewellery ever found in britain. in a moment it will be time for sportsday but first a look at what else is coming up this evening on bbc news. and we'll be getting more reaction to the news that the former owner of bhs, sir philip green, has agreed to pay £363 million to plug the gap in the company's pension fund. we'll be discussing suggestions from britain's most senior child protection police officer, that paedophiles who view indecent images but go no further shouldn't be jailed, but rehabilitated. we'll be looking a

sir philip green solderjust one year before. —— solve it.oing back on this sum, and it means people going into the scheme will not suffer any cuts at all, as they would have done if they were abandoned and went into the pension protection fund. their pensions will be increased less than they would have been under the contracts that they had. there are some losers, but there is a very big sum of money that the pension regulator has got. that was frank field and you mentioned that it was not as big as the entire sum needed to plug the hole, what does that mean for people working the benefits? bhs for generous benefits. they were indexed through rpi. the retail prices index, the old version of following inflation, now it is 2.8%. the cpi, the official version, is 1.8%. inflation, now it is 2.8%. the cpi, the officialversion, is 1.8%. under the officialversion, is 1.8%. under the old scheme they would have got rises in their benefits more than the official inflation rate. they will not get that under this settlement, but they will get considerab

the pensions regulator says it has struck a deal with the former bhs owner sir philip green.lion pounds means that nineteen thousand former bhs workers will receive the starting pension originally promised. the labour mp, frank field, welcomed the concession. it's an important first step in gaining justice for the whole bhs saga. there will obviously be no going back on this sum. it means people going into the scheme will not suffer any cut at all, as they would have done if they were abandoned and went into the pension protection fund. but, their pensions will be increased, less than they would have been under the contracts they had. there are some losers, but there is a very big sum of money that the pension regulator has. as i say, it's an important milestone, but it is not the end of the story for bhs. does it mean sir philip green needs to come up with more money? how does this dispute go one? it is not that he has to come up with more money. the pension regulator decided this sum, that is bad. it isjust regulator decided this sum, that is bad. it is just that dominic ch

if you are asking the question what is at worst, it looks as if it is 363 million to philip green.he is anticipating getting his front row seat back at london fashion week. and going around in his yacht he won't be bullied by the media! the deal question is whether the daily mail insist on calling him sir shifty. shuffling through no! we haven't got one! how annoying is that? the one night we actually wanted to see the daily mail and we don't have it! this has been awful. he buys it in 2000 £41 and sells it in 2015 to a racing bankrupt the times. in light must have gone on in the background and meanwhile 11,000 people have lost theirjobs and 18,000 pensioners living in anxiety. but they are getting something, 88% of what they would have got otherwise but the factors, if i was a private citizen who had a company, the company is in dire straits and they can sell it for a quid tomorrow and off—load the pension fund and not worry about it, the same thing could happen tomorrow, normal rules have been changed. and there's a question that the law should be different, it wasn't changed unb

the ft leads on the story that sir philip green has agreed to pay £363m into the bhs pension fund.aying the news is better late than never. the telegraph claims that children as young as four could be given sex education to warn them about the dangers of the internet, under new government plans. the times reports at the inquest into attack on tourists in tunisia, with a former tunisian minister telling the paper the attack had devastated the nation. also picking up on that story, the guardian reports that families of the deceased vow to sue the holiday company they hold responsible. a new study linking obesity to 11 types of cancer makes the daily express's front page. the metro reports on a trial into whether a cancer surgeon removed women's breasts unnecessarily. claims that the government is revisiting changes that would see drivers insurance premiums go up by several hundred pounds. he says sorry and pays £363 million, thatis he says sorry and pays £363 million, that is 10% of his net worth. it is also worth bearing in mind the 500 million that he took out of the business ten y

their jobs at british home stores feel about the fact that it may take years before the case of philip greenthe totally discredited and disgraced businessperson, results in his knighthood being taken away or otherwise? is it not remarkable? people lose their jobs and suffer all the consequences, but this man keeps his billions and his knighthood. p.m. may: the honorable gentlemen raises an important issue. this has been raised by many members of this has in terms of their concern about what happened at bhs and the attitude and approach taken by philip green. the issue of whether a knighthood should be taken away from someone is a matter for the whose name iittee, have forgotten. they will be looking at this. i understand that it is waiting for the investigations to be completed. this is a matter for an independent committee and it is up to the committee how it looks into it. mr. peter bone: tonight, there will be an historic vote in this place, a vote that i thought i would not see in my political lifetime -- the british parliament voting to withdraw from the european union under the excelle

been a cash settle m e nt that there has been a cash settlement agreement with sir philip, go philip greens of the two shingles schemes. it will give them the option of the same pension scheme as they were ripped in the options by dhs. this, according to the pensions regulator, bring certainty to the members of the pension scheme and closes the regulation enforcement action against the philip green. so a deal, it would appear, has been reached over the bhs scheme. sources close to the talks have said that now has come through. the billionaire had offered more than £300 million as pa rt offered more than £300 million as part of the restructuring. that didn't go far enough. but this new gear will is next to 63 million pounds. more on that this afternoon. the now, let's return to the royal courts ofjustice. the now, let's return to the royal courts of justice. the the now, let's return to the royal courts ofjustice. the inquest into the deaths of 30 british tourists who died in seas in 2015 have now been completed. the coroner reported that they had been unlawfully killed. the families of som

. >> thousands of people lost their jobs at the british house, it may take years for philip green, discreditednd disgraced. possibly taken away or otherwise. isn't it remarkable, people, all the consequences and this man -- >> the honorable gentlemen raised an important issue, this has been raised by many members of the house concerned about what happened at dhs and the attitude and approach. the issue of whether an item should be taken from somebody as a matter for the committee that deals with whose name i have forgotten. they will be looking at this. they said they are waiting for the investigation to complete but this is a issue for an independent committee and up to them. >> thank you, mister speaker. tonight there will be a historic vote in this place that i never thought i would see in my political life time. the british parliament voting to withdraw from the european union under the excellent leadership of the prime minister. with the prime minister be surprised people on the opposite tension who demand time to discuss this and debate it, namely the liberal democrats, don't bother to t

feel that it may ta ke yea rs theirjobs at bhs feel that it may take years before the case of philip greenhis knighthood. the honourable gentleman has raised an important issue. this has been raised by many members of this house in terms of their concern about what happened at bhs and the attitude and approach philip green talk. the issue of whether a knighthood should be taken away from somebody is a matter for the relevant committee. they will be looking at this. i understand they have said they are waiting for the investigations to complete, but this is an issue for an independent committee. tonight there will be an historic vote in this place. a vote that i never thought i would see in my political lifetime. the british parliament voted to withdraw from the european union under the excellent leadership of the prime minister. would the prime minister be surprised that people on the opposite bench or demand time to discuss this and debated, namely the liberal democrats, didn't even bother to turn up last night? these benches or pack, both benches were packed, the dv -- the dup pack, both

philip: i put my odds at very high. i call this the trunk put, like did green -- like the greenspan put. action, which is permissible under section 232 of the trade act, to impose a fee on imports. ket in oil ended january 20. for the border tax, i think we'll follow up to 50% because they're so much question. there's a good deal of question in the senate. many house republicans don't like it. the fact is that it does at 13% or so to the price of gasoline as the study i did in december shows. higher gasoline prices are very important to the members of congress and the members of the senate, particularly republican members taking a lot of pressure on the obamacare from their constituents. if they are seen raising gas prices and taking away obamacare, they are in a lot of trouble. alix: thank you very much. it's interesting that it has implications for the price and oil flows. it's not just about jobs in the u.s.. jonathan: it's about the commodity markets as well. coming up in the next hour, jonathan golub as we count you down to the open. this is bloomberg. ♪ ♪ jonathan: from new york ci