end of the line for stagecoach.he government cancels the contract of the company that operates the east coast mainline after it gets into financial difficulties. and on newsnight: a leading conservative tells us theresa may should kick out the hardline brexiteers in her party who she says are not proper tories. good evening and welcome to bbc news. theresa may's decision to rule out being a member of any kind of customs union after brexit will result in new trade barriers on british goods and services. that was the warning delivered by the eu's chief brexit negotiator, michel barnier, in downing street today. he went further, saying the time had come for the uk to choose what sort of relationship it wanted with the eu after leaving. labour says it's foolhardy to reject a customs union with britain's largest trading partner, as our political editor laura kuenssberg reports. in a hurry. notjust to catch the 1056 from brussels to london. we have not a minute to lose, because we want to achieve a deal. but the eu's chie

stagecoach is the big loser. whether a system that allows stagecoach to potentially keep on running this line, and get awarded an extra year on a profitable contract on the west coast mainline, is a system that is fit for purpose. you've got people over bidding, over promising, and then not delivering. and on the east coast mainline, we're saying that from 2020 to 2023, that's £2 billion that the treasury are not going to receive over that period, as virgin and stagecoach promised. so the system is completely flawed and should be stopped. stagecoach admitted they got their sums wrong on the east coast. but the profitable west coast franchise was extended today from another two years. good news for its operators — who happen to be virgin and stagecoach. simon jack, bbc news. time now for all the sports news in sport today. hello, i'm gavin ramjaun and this is sport today — live from the bbc sport centre. coming up on the programme: chelsea are stung by the hornets — antonio conte's team are hammered 4—1 by watford

stagecoach is the big loser. dampen the debate about whether a system that allows stagecoach to potentially keep on running this line, and get awarded an extra year on a profitable contract on the west coast mainline, is a system that is fit for purpose. you've got people over bidding, over promising, and then not delivering. and on the east coast mainline, we're saying that from 2020 to 2023, that's £2 billion that the treasury are not going to receive over that period, as virgin and stagecoach promised. so the system is completely flawed and should be stopped. stagecoach admitted they got their sums wrong on the east coast. but the profitable west coast franchise was extended today from another two years. good news for its operators — who happen to be virgin and stagecoach. simon jack, bbc news. now on bbc news, the travel show. it's funny but i'd always reckoned the the oil—rich abu dhabi, here in the uae, was never that interested in attracting tourists. unlike its flashy, noisy neighbour dubai, for example.

stagecoach is short listed for other franchises as well.—— barthem from bidding. not so, say some. if the company is deemed to be unsatisfactory and doubtful in terms of economics, it can be stopped from bidding. stagecoach were committed with virgin to deliver services until 2023. they were made to do so. and if they walk away from it, it should be banned from future franchises and if the department for transport then runs the service the problems with the east coast will cost stagecoach £165 million under its contract. rail operators argue that they have no incentive to game the system and over bid. they are on the hook for potentially hundreds of millions of pounds to the government. there is another reason the government might want to keep stagecoach on board. they need them. as franchises have got bigger, there are fewer big experienced players to bid for them and the rule of thumb is, you need at least three bidders to ensure value for money. knocking someone like stagecoach out of the proceedings could reduce some short lists to only

stagecoach is the big loser. to potentially keep on running this line, and get awarded an extra year on a profitable contract on the west coast mainline, is a system that is fit for purpose. you've got people over bidding, over promising, and then not delivering. and on the east coast mainline, we're saying that from 2020 to 2023, that's £2 billion that the treasury are not going to receive over that period, as virgin and stagecoach promised. so the system is completely flawed and should be stopped. stagecoach admitted they got their sums wrong on the east coast. but the profitable west coast franchise was extended today from another two years. good news for its operators — who happen to be virgin and stagecoach. simon jack, bbc news. a self—confessed nazi sympathiser accused of plotting a machete attack the only surviving suspect in the 2015 paris terror attacks has gone on trial in brussels, relating to a gun battle with belgian police. salah abdeslam, who's charged with possessing illegal weapons and the attem

stagecoach could bid for franchise something can be decided.bid for franchise in the future. he said there was no legal basis to exclude them. for passengers and the real servers that shouldn't affect them which is why he's taking action now but this will no doubt re—inflame the intense debate, after the collapse of carillion as well, over how much private sector companies should be allowed to bid for critical public services like this. simon jack, thank you. the time is coming up to quarter past six. 0ur thank you. the time is coming up to quarter past six. our top story. brussels ones but are not leaving the customs union will lead to trade barriers. and still to come... the white supremacist convicted of planning to carry out an act of terrorism at a gay pride event in cumbria. coming up on sportsday refereejohn moss is backed after he awarded a controversial penalty in the game between liverpool and spurs but admits he was misguided and consulting a fourth official. fentanyl — it's an extremely strong painkiller thousands of times more powe

the ft says the financial problems facing stagecoach — the company that runs the east coast rail linean has that story too, along with news that the high court has blocked the extradition of lauri love, accused of hacking several us government bodies including nasa and the fbi. the metro says both the conservatives and labour have hit back at president trump he claimed the nhs is broke and not working. the mirror‘s take on that same story is summed up in its headline: "you‘re sick mr president" a century after women won the right to vote, campaigners are calling forjailed suffragettes to be pardoned, according to the daily telegraph. the i reports that arch—brexiteer jacob rees—mogg has launched an inflammatory attack both on the chancellor and theresa may. and finally, the express says britain is on a big freeze alert, warning that tuesday night will be the coldest for six years. so brexit — probably unsurprisingly — makes several of the front pages tomorrow, as does the east coast rail line franchise collapse. that is where we are starting. on the front of the financial times, the t

stagecoach got its numbers wrong. it is now paying the price.ead speculation and rumours, no deal has been done on this railway and i have not yet made a decision on the successor operator to run the east coast railway until the longer—term plans for the integration of training can begin in 2020. it is now clear that this franchise will only be able to continue in its current form for a matter of a very small number of months and no more. last week, following detailed analysis, the notification of the franchisee reaching a key financial covenants. this is really important, mr speaker, to be clear with the house and the public this is not going to impact the railway‘s a day to day operations. the business will continue to operate as usual. but it does mean i need to put in place in the very near future a successor arrangement to operate this railway and in the current contract stop with the announcement today is yet another monumental misjudgement to add to a growing list of miscalculations by this secretary of state. members across this house ca

i think stagecoach have incurred. i think this will annoy many people and this will play into the labour narrative that with private companies, profits can be privatised but losses tend to be gnashed aliza and it will be interesting how this plays out —— tend to be nationalised. especially after carillion. yes, you can see jeremy corbyn leaping on this this week, he has been pushing the agenda, he will be talking about far from virgin are being punished for this franchise not working out, it looks as though they will have their franchise extended or not one of the other lines around the uk —— extended on one of their other lines. there is a feeling that despite things that keep going wrong, these companies come back for more and tender win contracts and ta ke more and tender win contracts and take more money from the public purse —— tend to win contracts. it links into the issue of carillion outsourcing, and there's a big theme growing up around this comment jeremy corbyn is in the place to ta ke jeremy corbyn is in t

stagecoach will be held all of its contractual lagoa she nations in full. of years ago, this is what you expect. if they fail to live up to their stretching targets, they lose out, not the taxpayer. labour's shadow transport secretary andy mcdonald, said this was an example of why the railways need to be nationalised. i think people have had enough of contracting out on privatisation and all that goes with it. they want their rail services and health services run for the benefit of passengers and patients, not for the benefit of richard branson in his various guises. that is about people, not corporate entities extracting profits at every turn. our political editor in yorkshire, james vincent, explains the situation. this is the government admitting it has had a bit of a nightmarejourney on the east coast over the last few yea rs, on the east coast over the last few years, not just this on the east coast over the last few years, notjust this government either. you might remember back in 2009 national express had run the trains all the way down the east coas

stagecoach will lose its franchise within months. the government says it got its numbers wrong.he last three years, rail revenue growth across the uk has collapsed. and that is to do with the economy. it's to do with political uncertainty. we have had some very terrible, high—profile incidents in places like manchester, which you are clearly all be aware of, and the fundamental changes about people's perception in travel... how does political uncertainty stop somebody getting on a train and going somewhere? the whole economy has... when we bid for this franchise, nobody foresaw two referendums, one in scotland, we didn't foresee the brexit referendum, two general elections, all of these things create... and i can take you to other parts... i think there's a lot of business from a lot of mps travelling up and down from scotland! we are in a very different place. i think it is a baffling excuse, frankly, that two referendums stop people getting on a train. i think it's relevant, i think it's part of the whole wider debate. how? this is what i don't understand. how exactly... in fa

so thank you for the invitation, and a little story from the stagecoach from arizona. thank you. >>> we now are happy soft susana muj mujika, a first generation college graduate. >> thank you for having me. my five-year-old daughter was really excited that i would get to speak with the state bosses. my parents are from mexico. they emigrated to the united states to give us a better opportunity. i was born in california and growing up, it wasn't a question if i would be going to college. that was my main goal. the only issue was that once it came time to go to college, there was no money. my parents didn't have the resources to save for college, so as determined as i was, i said i'll take loans out. it's okay. so i flew from california to new york, went to skoous for a year. after the first year i knew there was no way i could graduate from there in four years and have that large of a loan over my head. how would i live? how would i survive? so i got scared and i became a dropout. it definitely had a negative connotation, one that kind of stuck with me. at that time i f

but it's sort of like the dog that's tied to a stagecoach across the country sometimes it will be behind the stachcoach, but the ten-year yield is sort of a dog and yeah, there will be variation, but they're both going to end up going across the country together no way the dog stays that far away from the stagecoach talk about germany as a good starting place the german yield is way down at a ridiculously low level because it's manipulated so the economic facts of germany and the united states are not that different the nominal gdp is about the same, the inflation rates aren't that different, manufacturing is good in both areas, retail sales are good in both areas, but the german yield is being manipulated. so when you think about a ten-year yield, it's noting that it tends to reside in the average of nom nat gdp and the competitor yield, which is the german yield the german yield is roughly 70 basis points, nom nat gdp will probably go up a bit and let's call it fife, so if you have five phenomenal gdp, and you have you divide by two, and lo and behold, you get 285, which is within two

i come in hard off the stagecoach from arizona. 48 states added to the lower 48 frontier. the frontier where new models that can help us to actually shape our future are possible. we have been able to build a new university model and i'm -- i mean a new university model. it could have been called to the old idea of what an american public university was supposed to be. connected to everyone, working with everyone, unbelievably efficient and an effective. it could be what the future would mean which is a university which has a connection to everyone, connecting at all levels of education to every citizen that needs something from the university. you are all the arbiters of the future. your constitutional assignments are unique in our democracy. you have unique responsibility for advancing and designing those elders of our democracy that is most readily dependent upon education and for overseeing those educational processes in each of the state. the question to each of you is can we does a new kind of college or university -- community college -- local, for your public colle

i come in off the stagecoach from arizona. 48 states added to the front tier. the frontier where new models that can help us shape our future are possible. we have been able to build a new university model and i mean literally a new model. we call it the new american university. the old ideaalled of what an american university was supposed to be. one that is working with an connected to everyone, unbelievably effective. it could be what the future would need which is a university that has a connection to everyone, connecting at all levels of education and to every citizen that need something from it. you are the arbiters of the future. your constitutional assignments are unique in our democracy. you have the unique responsibility for advancing and designing those elements of our democracy that are most critically dependent upon education and for overseeing those educational processes. is question to each of you can we build a new kind of ?ollege or university can we build a system within higher education that can be adaptive? actually respond to the changes aro

week the transport secretary announced that the east coast franchise currently run by virgin and stagecoachailed, and will end early. this is what you expect in a competitive franchise system, private businesses risk substantial amounts of their own capital and if they fail to live up to their targets they lose out, not the taxpayer. this has happened before. in 2009, national express walked away from the same franchise, a government—owned company stepped in, run by michael holden. we spend a lot of time investing in people and in systems, but also on the trains and stations themselves. if you can make the east coast mainline work, why couldn't the private sector? there were struggling for cash because there weren't generating enough revenue from the business to pay the premium due to the government. they did not have the money to do what is needed. it's the same story again this month. would the line be better run if it was nationalised? you can run railways successfully in either the public or private sector, you pay your money and take your choice. governments generally speaking are not

everyone will want to go visit it and they'll have to pay us by both steamship and then stagecoach to take them there, have them stay in our hotel that we'll build and then we take them back again. they pay us three times. this is great. so this is, you know -- it gets set aside. mark david spence who you read some chapters from this week sort of described the yosemite valley protected area and the mariposa grove, which is further south somewhere, i don't think it's on this map, he describes them as sort of powerful symbols of national unity. they're being established just as the civil war is coming to a close in 1864, at least they hope it's coming to a close, and so they think this is going to be symbolic of our once again reunited nation and its strength and vigor going forward in time. so it's really important as the public symbol, but then also there's this connection with private enterprise. first the steamship company in the case of yosemite, for every other national park that's established between 1864 and 1916 when the national park service itself is created, they're all prop

under the political radar on monday when the transport secretary chris grayling announced that the stagecoache allowed to hand back the contract early at a cost to the taxpayer. now one option which mr grayling has mooted is bringing it back into public ownership. that would absolutely play to mr corbyn's narrative. so i am thinking, jeremy corbyn, trains. 0k, norman, thank you very much. time now for the weather with the new weather graphics. i absolutely love our new weather graphics. look at these beautiful scenes this morning across the uk. it is cold and frosty this morning, temperatures well below freezing, down as low as parts of —— down as low as —10 in parts of the north. we have also had snow in the south—east of england. this is recently in eastbourne in east sussex. you can see b snow settling on the ground back and that snow was brought in by quite a few showers coming in off the north sea down to the south of england. from the satellite imagery you can see this mass of cloud towards northern and western areas which is gradually moving in. with that, some outbreaks of rain this a

appointed to take over, which is operator last resort. over, which is operator last resort. would ask stagecoachl survey of satisfaction. the actual company performance is doing a finejob. the actual company performance is doing a fine job. doing a fine job. it's the finances behind it. behind it. passengers to use that hyam —— that line would want. line would want. if the business operating cannot continue. continue. the trains will still be there on the day. there on the day. and is it likely someone else will want to run it? someone else will want to run it? as you said, it is a profitable line. you said, it is a profitable line. contracts on the promise of running it. it. and they are now looking at the quality of promises. quality of promises. of it will be a different way of looking at financial promises. looking at financial promises. that is it to me right now. from paddington 2 to absolutely fabulous. but on sunday, joanna lumley takes on a new role. of the bafta film awards. of the big event. joanna lumley, thank you so much talking to us. to be here. a pledge to have it. how excited a