the royal bank of scotland, which is mostly owned by the taxpayer, is to set aside another $4 billionnes for mis—selling. royal bank of scotland is in the middle of a restructuring, which includes asset sales, job cuts and multi—billion dollar charges to settle litigation and pay regulatory fines for past misconduct. british scientists have identified 14 new disorders affecting children after analysing the genes of thousands of children with rare, undiagnosed conditions. identifying the genes responsible should lead to a greater understanding of the serious disorders which affect the development of the brain and body and might eventually lead to treatments. 0ur medical correspondent fergus walsh has the story. caitlin, so nice to meet you. a big moment for these two families, meeting for the first time. ten—year—old tamika and nine—year—old caitlin have the same newly identified genetic condition, called cdk 13 disorder. there are only 11 known cases in the uk. the girls are so alike, they could be sisters. living so close, we could have easily bumped into each other. do you think we

britain's royal bank of scotland says its set aside another further $3.8 billion to cover fines in thed to the mis—selling of financial products linked to risky mortgages in the build up to the 2008 financial crisis. simonjack is our business editor and he's been following the story. simon, you were digging out this detail late yesterday, what can you tell us? this is another big financial body blow for rbs. they have put in nearly $4 billion to one side. this isjust into a kitty they are putting together to have a monsterfind are putting together to have a monster find they are expecting for their role in the sub—prime crisis. the kitty is that $9 billion at the moment. they are saying this is not a settlement and it is not final, because it's very likely they will have to put more money in this kitty next year. now, fine could be anywhere in the region of io— next year. now, fine could be anywhere in the region of 10— $20 billion, wejust don't anywhere in the region of 10— $20 billion, we just don't know yet. what it means that this charge they are taking today will guarantee another

i'm starting with royal bank of scotland have the headline about the bonus pool.e heard it will take billion pound charge in its fourth-quarter results, moving closer to resolving that u.s. probe. it is looking like it could be opening higher at the open. unilever, we are keeping an eye on that as well. sales miss analysts estimate. it grew at the slowest pace in at least two years. actelion, the deal with j&j going ahead. j&j agreeing to buy the swiss drugmaker for $30 billion and spent off its research and development operations, clinching one of its largest deals ever to become a leader in medicine, treating a rare type of high blood pressure. actelion up significantly at the open. manus: i will pass it over to matt. matt: i'm going to take it from here in berlin, because it is a little bit later. 9:00 here, 8:00 and the u.k., which is probably still a little bit too early for a drink, msu mess you are the prime minister. that sales and profit beat estimates in the first half. the drinks maker also said it is confident it will it tree its medium-term -- it will

royal bank of scotland will take another financial hit for mis—selling risky mortgages in america beforein 2008. the bank, which is more than 70% owned by the taxpayer, could be fined an additional £3 billion by the us department ofjustice. a major report into the health of children in the uk has found an "alarming gap" exists between the rich and poor, with one in five young people suffering as a result of poverty. the royal college of paediatrics and child health also suggests the uk is lagging behind most western european countries when it comes to measures such as infant mortality rates and obesity. our health correspondent, dominic hughes reports. i'm an emotional wreck. anxiety, depression and a need to be listened to. these are the themes of short play on mental health, devised by school students in liverpool. the issues they touch on reflect those in the day's report on the health of children and young people and paint a picture of the uk struggling to match other countries and even falling behind. the evidence have been developing for some time that all is not well with children

the royal bank of scotland is to set aside another $4 billion to pay fines for miss—selling. rs affecting children after analysing the genes of thousands of children with rare, undiagnosed conditions. and on newsnight we find

royal bank of scotla nd solihull for this hour. royal bank of scotlandcurities in america before the 2008 financial crisis.. the bank, which is more than seventy % owned by taxpayers, says its setting aside an additional three billion pounds to settle a case being brought by the us department ofjustice. nearly half of all hospitals are failing to meet basic government standards for hospital food, according to data released by the department of health. the campaign for better hospital food warns the situation is "diabolical", although the government insists that standards are improving. andy moore reports. in 2014, food standards became mandatory in english hospitals. this official report is an attempt to find out what progress has been made since then. it says there is more to do but claimed there has been a measurable improvement in food quality. for example, in 89% of hospitals, patients said their food was good or very good — that's up 5% from 2013. 55% of hospitals are fully compliant with standards recommended by dieticians — that's up 14% from 2015

but shares in royal bank of scotla nd on friday. but shares in royal bank of scotlandfrom buy to neutral. that is it from me for this hour, more this afternoon. thank you. just to bring you an update on that explosion we reported in the last half an hour. a man was taken to hospital with serious injuries after an explosion which has, as you can see, left much of this end of terrace house all but raised to the ground. this happened in manchester in cecil road in blakely this lunchtime. ambulance crews called at 12.40. a man with serious injuries is being treated at salford royal hospital, three other people being treated as walking wounded. cause of the explosion as the unknown, that as you can see, the house pretty much destroyed after that explosion which happened at 12.40. any developments on that, any update on the condition of the man in hospital, we will bring it to you. the headlines coming up at two o'clock but first, the weather forecast. thank you. the best we can do in london on is the pavements are drying after the downpours. our weather watchers picking up

of crime are being heard. >> across the united king doll many banks are accelerating their closure of local branches with adverse affects and vulnerable on older people, the royal bank of scotland is closing branch across scotland including chester in my constituency. will the prime minister meet with me to discuss how we can realize the situation where banking across the uk services customers and the real economy? >> the issue accessibility of bank services is one that's for individual banks themselves to take and consider, and of course, many ways in which people are accessing banks other than going physically going into a bank branch but i will look at the issues that she has raised. >> even more to tackle economic and social deprivation that have come to afflict such as really my constituency, would my right honorable friend therefore support locally develop plan to invest in rail infrastructure to help unlock the true potential of the north what i -- whales economic region connected to the rest of the country by date. .. and that government action. they should not understand that is fatal to these women. >> action has been taken in the issue. the government took action to

there's news tonight that royal bank of scotland, which is mostly owned by the taxpayer, is to set asidepay fines for mis—selling. our business editor, simonjack, is here with more details. what can you tell us, simon? it's another massive body blow for rbs. they have been setting aside in the kitty to pay this monster fine for its role in selling risky mortgages. that kitty is now at $10 billion if you add in this 4 billion. this will put rbs in a bigger loss in 2016. the ninth year in a row that rbs has lost money. i should say this was not unexpected. nor is it final. the final bill may be much higher than $10 billion. rbs had hoped to settle all of this at the beginning of this month, before the new administration comes in. it remains to be seen whether the new administration is more 01’ whether the new administration is more or less lenient on foreign banks which have caused misconduct. it's frustrating for the management of rbs. very frustrating for taxpayers. it will be even further until we get our money back. as painful as this is, maybe we are taking one step towards the end of

. >> a federal judge has confirmed of thees against four world's biggest banks in their role of manipulation of markets. royal bank of scotland, androup, barclays jpmorgan. a jetliner shopping spree that lasted a decade is now waiting. both companies faced dwindling scales and -- gwendolyn sales and the highest number of deferrals in years. sales numbers will likely show that aircraft orders are trailing shipments. aircrafts have less incentive to retire older planes because of the low cost of jet fuel. amazon's alexa will begin riding shotgun this summer. offering thein digital assistant in cars. the first alexa applications began rolling out in for electric cars and hybrids this month. alarm bells coming from soundcloud today. the online music company warning ifrisks running out of money the service doesn't gain traction. 250,000 compared to spotify's 40 million, or 20 million for apple. it has already explored a sale of the company. that is your business flash update. we want to stay with company news intake a deep dive now. find ourr that you can search using the function at the bottom of the screen. i am taking a look at

the royal bank of scotland will take another financial hit for mis—selling risky mortgages in america08. the bank, which is more than 70% owned by the taxpayer, could be fined an additional £3 billion by the us department ofjustice. almost half of all hospitals in england are failing to meet basic government standards for hospital food, according to data released by the department of health. the campaign for better hospital food warns the situation is "diabolical". the government says standards are improving. ant and dec won the prize for best tv presenter for the 16th year running at last night's national television awards. the bbc presenter graham norton was recognised for his services to broadcasting. len goodman lost out on the public‘s choice of best judge. other winners included mary berry for bestjudge. the bbc‘s strictly come dancing picked up the gong for best talent show. emmerdale was voted best soap, and itv‘s this morning won best live magazine programme. please welcome your host for the night! the national television awards bring out the great and the good of the televis

the royal bank of scotland says it will take a 3.1 billion pound charge in its fourth-quarter resultses closer to resolving a u.s. probe into sales of mortgage securities. the bank says it is cooperating with the u.s. department of justice. pounds into the litigation. according to two people familiar with the matter. one of those people says the irish capital is emerging as the favorite location for the bank's back office job. they're also considering frankfurt as a considers moving jobs to adapt with brexit. that is your bloomberg business flash. manus: theresa may touches down today in the u.s., becoming the first international leader to meet with donald trump since his inauguration. she is looking to lay the groundwork for post-brexit trade deals between the countries. may could get a warm reception as trump exits the transpacific partnership and aims to renegotiate nafta. karen olney is with us. the marketide, is assessed with every tweet and move trump makes today. johnson and johnson, doing a deal in the pharma space. that is one of the torch lights trump has shown a light on. j

strong session in asia overnight, banks the big winners in europe right now, one being the royal bank of scotlandh is 72% owned by the uk government, announcing that it's settled $3.8 billion covering litigation by the doj involving the sale of risky mortgages. sales are up 2.5%, but you're seeing a nice recovery here, up 25% nearly over the past six months. of course, a nice recovery we've seen overall in the european banking sector. and a lot of this is predicated on higher yields, a story that we're not just seeing here but in europe as well. the german bund trading at a six-week high here. last time, of course, this time last year we were talking about negative yields. interesting to see how quickly the story can change. let's talk about stocks. the gainer of the day is an acquisition of j&j, actelion. the biotech up almost 90% over the past three months. a very different story for unilever, though. the consumer giant known for dove soap, lipton tea, posting weaker-than-expected fourth-quarter sales on thursday. interesting to say it's an international story hurting them, hurt by the demoneti

royal bank of scotland is preparing to take another financial hit for mis—selling mortgage—backed securitiesthe bank, which is more than 70% owned by taxpayers, says it's setting aside an additional three billion pounds to settle a case being brought by the us department ofjustice. ahead of tomorrow's holocaust memorial day in the uk, a national commemorative event is being held in central london, involving genocide survivors, high profile political and religious figures and celebrities. this year's theme explores the treatment of survivors of the holocaust and other genocides. a survey by the holocaust memorial day trust says one in four survivors has experienced discrimination or abuse here in the uk, because of their religion and ethnicity. our religious affairs correspondent, martin bashir, is at the queen elizabeth ii conference centre in central london. good afternoon. the service began at about three o'clock. there are senior politicians, religious leaders, survivors of the holocaust in there. the service is being narrated and linked back i —— by our colleague. they have been contribu

of that drop in the pound. banking stocks amongst the biggest fallers and royal bank of scotland and barclays down over 2%.und improved its forecast for the uk economy in 2017. it said growth in the uk sans the european union referendum had been better than expected. it still is warning of a downgrade in 2018. the pound fell to its lowest level for three months. it fell below the $1.20 before we covering. analysts said that traders we re covering. analysts said that traders were working to report that is theresa may would use a report tomorrow to signal that britain would quit the signal market. let's get detailed analysis of that with jeremy stretch, head of currency strategy at cibc world markets. let's start with the fall in the pound. the speech isn't until tomorrow. has the speculation taken the zing out. are we expecting the pound to fall more tomorrow when we hear more detailed information about what theresa may's plans are? the speech has been trailed over the weekend. the weekend press stories did impact the start of the trade in asia and that precipitated the fall below 1.20. most of the bad news

royal bank of scotland, which is more than 70% owned by taxpayers, has set aside a further £3 billiontates following the misselling of financial products linked to risky mortgages before the 2008 financial crisis. campaigners for the victims of the birmingham pub bombings have been told their lawyers will be able to apply for legal aid because of a proposed change in the law. the inquests into the deaths of 21 people who were killed by the ira in 1974 are due to resume later this year. rescuers have pulled the last remaining bodies from the wreckage of an italian hotel which was destroyed by an avalanche last week. it means that 29 people are now known to have died in the avalanche, which was triggered by a series of earthquakes. eleven people survived. you are watching bbc news at five. let's move to events in mexico. it looks like the proposed visit by the president of mexico to the united states next week has been called off. we'll granted in mexico city. there is a lot of anger flying around, and this is the result? that is right, it has been a building war of words, war of tweets

the royal bank of scotland is closing branches including juniper green in my constituency. are many ways in which people are accessing services other than going physically into a branch but i will look at the issue she has raised. building a country that works for everyone means doing even more to tackle the economic and social deprivation that has come to afflict pockets of seaside towns in rhyl, such as rhyl in my constituency. would my right honourable friend support growth track 360, a local plan to invest in rail infrastructure to help unlock the potential of the north wales, mercy region as an integral part of the northern powerhouse connected to the re st of northern powerhouse connected to the rest of the country by the proposed hsz hub at crewe? rest of the country by the proposed hs2 hub at crewe? can i say to him i welcome the establishment of the north wales and mercy dee task force. the plan is an ambitious programme of improvements and i am sure they will prioritise the most promising but i can say the department for transport will work closely with the task fo

mortgage probe continues to weigh on the royal bank of scotland. taken $7 billion in provisions related to mortgage investigations and litigation. they say further charges may still be needed. this is bloomberg. david: coming up in the next hour, talking rates under the trump administration. this is bloomberg. ♪ jon: from new york city, still with us is jason trennert. the possible trade war between china and the u.s. leaving china steepestyuan to its monthly gain since 2010. why do you think that might materialize? jason: i just remembered exactly what happened last year. the fed tightened in december and talked about tightening four times, you wound up having a yuan to appreciate meaningfully -- depreciate meaningfully. i'm worried about that this year as well. heavens trying to move and earth to prop its currency up but also losing reserves. you cannot do that indefinitely. that becomes a risk at a certain point if china is unable to defend its currency. happened lastat year make you more concerned -- they have learned that lesson. jason: you ca

royal bank of scotland is preparing to take another financial hit for mis—selling mortgage—backed securitieshe bank, which is more than 70% owned by taxpayers, says it's setting aside more funds to settle a case being brought by the us department ofjustice. a report into the health of children in the uk has found an "alarming gap" between rich and poorfamilies with one in five young people suffering because of poverty. the royal college of paediatrics and child health also suggests the uk is lagging behind most western european countries on measures including infant mortality rates and obesity. our health correspondent, dominic hughes reports. hi, i'm sophie. and i'm an emotional wreck. anxiety, depression and a need to be listened to. these are the themes of a short play on mental health, devised by school students in liverpool. i need help... the issues they touch on reflect those in today's report on the health of children and young people. it paints a picture of the uk struggling to match other countries and even falling behind. the evidence has been developing for some time that all is