the chief executive of tsb has stepped down in the wake of tsb has stepped down in the wake ofa of tsb of suffering a heart attack or stroke. the head of tsb is stepping down in the wake of it failure at the bank. he will receive a pay—out worth nearly £1.7 million made up of £1.2 million severance pay and an historical bonus of around 480,000. all other performance related pay has been frozen amidst investigations into the it fiasco. mark carney has said he will stay on as governor of the bank of england if it'll help the government smooth the brexit transition. he was due to step down from the royal in 2019. he said he has been talking to the chancellor about his future. ing is to pay fines after admitting errors in policies to stop financial crime. the bank said it regretted that this m ista kes the bank said it regretted that this mistakes have made some customers to use their attempts —— their accounts for money—laundering in 2016. so the departure from ts be of paul pester, it was a matter of when rather than if. yes, he's getting £1.2 million in severance pay, £480,000 in histor

i'm sorry, says the boss of tsb. taken down, tsb's online banking is suspended...jor systems upgrade to move customer details over from lloyds fell apart. nearly 2 million were shut out of their online accounts. some even managed to see other people's accounts details. at one point, paul pester said the bank was on its knees. it is a big apology to oui’ on its knees. it is a big apology to our customers. this is not the sort of service we want to give them nor are they used to receiving from tsb. the most staggering example of a chief executive who seems unwilling to realise the scale of the problem. as the crisis went on, mps laid into him for saying tsb was running smoothly when people were still having trouble using their accounts. it is the right decision for paul pester to step down as chief executive of tsb. customers have been hugely inconvenienced for many weeks and months in a way that the it change ever happened and how it affected their accounts, and the committee was very disappointed with the complacent attitude that he paul pester shed when he appeare

with tsb.ened. thank you. well, my mother passed away in early may and obviously i had to go home to bosnia overnight and i forgot to inform my bank i was going abroad, which was fine. so when i try to use the atm in bosnia and when i couldn't, i presumed it was that. not informing the banking time. i called them. and i was obviously 45 minutes on the line. only to be told, yeah, that is fine, you can use your told, yeah, that is fine, you can use your bank card now. a few hours later, i tried and i could not. use your bank card now. a few hours later, itried and i could not. in the end, i spent two hours on the phone with them and for different people. and nobody could help me. they kept saying it was fine but i could not use my card. they said it wasjust a could not use my card. they said it was just a damaged could not use my card. they said it wasjust a damaged card. you were in an awful situation, your mother had died and you are trying to sort out the costs of the funeral. what impact did

"i'm sorry" says the boss of tsb.ort technical problems... in april, a major systems upgrade to move customer details over from lloyds fell apart. nearly two million were shut out of their online accounts. some even managed to see other people's account details. at one point, paul pester said the bank was on its knees. it is a big apology for our tsb customers. this is not the service that we want to give them or they should receive from tsb. the most staggering example of a chief executive who seems unwilling to realise the scale of the problem. as the crisis went on, mps laid into him for saying tsb was running smoothly when people were still having trouble using their accounts. i think it is the right decision for paul pester to step down as chief executive of tsb. customers have been hugely inconvenienced for many weeks or even months in the way that the it changeover happened and how it affected their accounts. paul pester will still get £1.2 million of basic pay he is due for his notice period plus almost £500,0

more high street banks hit by computer glitches — this time it's tsb and hsbc.50% of mobile users were having trouble connecting. could tesla be facing a future without elon musk? the us securities and exchange commission has filed a lawsuit accusing the tesla boss of securities fraud. tens of thousands of ryanair passengers across europe are suffering disruption as strikes cancel 250 flights. unions claim this is the biggest day of action yet against a series of complaints about conditions by ryanair workers in a raft of countries. ryanair say 35,000 passengers have been affected. unions claim this is the biggest day of action yet against a series the royal mail has discovered what it thinks could be a money—spinner — the subscription box market. that's the marketing name for it, and you may already be a customer — if you, say, subscribe to a weekly or monthly deliveries of food, beauty products, shaving kit, hobbies and crafts, books, the list is endless. who'se doing it? who's doing it? well, londoners to start with. over 50% of them are signed up to at least

tsb boss paul pester has resigned after months of it problems at the bank but he will still receive a more than £1.5 million. that's all from the bbc news at one. so, it's goodbye from me and on bbc one we nowjoin the bbc‘s news teams where you are. good afternoon. manchester united manager jose mourinho has reportedly been fined and has accepted a suspended one—year prison sentence — in connection with a claim he failed to declare around three million pounds in earnings to the spanish tax authorities. spanish media is reporting he has been fined 60% of the money involved — which equates to £1.8 million. a possible prison sentence has been averted given his acceptance of the sanction. grand slam number 21 will not happen in new york this yearfor roger federer, he's out of the us open... the five—time champion was out of form — he made 77 unforced errors on his way to the four set loss. federer struggled in the heat and said he was "happy the match was over" after playing in the "uncomfortable" conditions. we were expecting a federer/djokovic quarterfinal, but now it's millman who will

is steppinger tsb down after a series -- tsb has experienced numerous technical problems since the resignation. it has been welcomed by the chair offthe parriamennary treasury. the to ethiopia where technology industry is hoping for boosts after economic rrform. the country already plays hhst inthe cutting-edge firms artificial intelligence. p> and failed to e here at the united nations -- i am thrillee to be here at the united nations. cceated by awas firm in hong kong, part of her software is ethiopian. developed by team of engineers in the country's capital. >> we re in the leading age of ai. that this is tte reality. years,,it hasee grown from a team of four to dozens of programmers working from clients -- working with they recently launched a school and university stuuents the foundatiins of coding and entrepreneurship. they will have to overcome barriers likk limited internet access and offer morore support% young developers. >> he wanns to expand it. there is no incentive for software developers. leadership. country's thh prime minister used to old the science aan technology portfolio.

tsb boss paul pester is to step down in the wake of a major it failure at the bank, which saw tens ofdo transactions or read their balances. the bank, which is still facing it problems, has said there is still work to do to "achieve full stability". let's talk to our correspondent theo leggett, who's got more on this. why has he gone? basically, he has been the fall guy for the it fiasco that emerged in april and may. you might remember that tsb was in the process of transferring all its account holder records, about a billion of them. from lloyds‘ it system because it used to be owned by lloyds under a different system owned by its current parent the spanish bank sabadel. it didn't go well at all that many customers were locked out of their accounts and branches found themselves unable to work properly because their it systems work properly because their it syste ms ha d work properly because their it systems had gone down. some people saw extraordinary sums of money coming into or leaving their accounts. through all of this, the public face of the bank was paul pester. he appeared b

tsb chief paul pester is to step down after seven years in charge, in the wake of a major it failureems says "there is still work to do to achieve full stability for customers". the board agreed this is right time for paul to step down‘ theo leggett joins us from the business newsroom with more details. he has fallen on his sword? he is very much the fall guy. paul pester was the public face of the it meltdown that started in april. you might remember that accounts were shot for two days so that it systems could be migrated from an old system, from the days when tsb was owned by lloyds bank, under a new system owned by its current parent, the spanish bank sabha dell. that went badly. people were locked out of their accounts —— sabadel. people had strange amount of money coming in or going out and branch branches could not open because their it system could not open because their it syste m ha d could not open because their it system had gone down. and paul pester was there, same problems were being fixed but at times they won. many problems persisted for several weeks. he appeared be

the chief executive of tsb, paul pester, has resigned with immediate effect five months after a failedlion online banking customers. mr pester will receive a pay—out of around £1.7 million. japan has been hit by the strongest typhoon in 25 years with winds of up to 135 miles an hour. more than a million people have been told to leave their homes. the typhoon struck afterjapan‘s summer of extreme weather, with flooding that killed more than 200, and the highest—ever recorded temperature. robin brant reports. screaming. japan knew that this storm was coming, but some were still caught out and had a very lucky escape from the torrent of water below. typhoonjebi is the strongest to hitjapan in 25 years. in the worst hit area, around osaka, the damage is widespread. down there, on the left, you can just about make out a runway. the rest of kansai international airport is underwater. but 3,000 passengers have nowhere to go. the bridge thatjoins the airport and the mainland has been damaged. a ship was repeatedly blown into the columns and roadway. the storm surge caused fires that destroyed

the tsb boss paul pester has resigned — after the it problems that left customers locked out of theirounts. one of the strongest typhoons to hitjapan in 25 years — has claimed several lives — and injured over 160. how old is your heart? public health england urges people to take an online test to find out — it could indicate if you're at an increased risk of a heart attack or stroke. in a moment it will be time for sportsday but first a look at what else is coming up this evening on bbc news. at seven in ‘beyond 100 days‘ katty kay and christian fraser have details of a book containing explosive revelations about president trump's inner circle. at 8:30 — we'll look at the row between the police and facebook — after the social networking site refused to hand over the password of a murder suspect. and coming up at 10:40 11:30, we'll be discussing tomorrow's headlines with the journalist daisy mcandrew and politics home editor kevin scholfield. that's all ahead on bbc news. now on bbc news it's time for sportsday. hello and welcome to sportsday — i'm holly hamilton. coming up on the prog

more issues froede tsb customers.about the pound. we have seen a significant drop in pounds sterling today, talk me through why. a number of different reasons, the pound has fallen below a dollar 29 today, partly it is a reflection of those manufacturing figures. the significance of them is that for the last two years, exports have really made up for weakness in the domestic recovery. now we are seeing a slow down in foreign demand as well, so exponents are suffering. —— exports are suffering. it suggests that the global economy is slowing down. that is one reason why the pound has fallen. the other reason is the uncertainty around brexit. we had just than about michel barnier and his comments and also comments from boris johnson michel barnier and his comments and also comments from borisjohnson in his newspaper column this morning. so on both brexit and manufacturing, really bad news for the pound. let's talk about water companies. i looked at severn trent's share price earlier, i'm not sure what it is doing now but

over one of the most disastrous computer upgrades in british banking history, paul pester, is leaving tsblion online banking customers. the bank is still struggling with its it systems. mr pester will receive a payout of around £1.7 million. britain's third largest union, the gmb, has called for a referendum on the outcome of the brexit negotiations, saying that "false promises" had been made during the 2016 eu referendum campaign. general secretary tim roache urged labour to adopt the same policy, but he said the vote should be on the terms of exit, not on whether brexit would actually happen. the metropolitan police has confirmed it's investigating the 99th murder in london this year, after a man was found dead in a cemetery in tottenham yesterday. today, in a separate case, five teenagers were found guilty of stabbing to death a father of four injanuary this year in another part of north london. our home affairs corresponent tom symonds reports on the extensive efforts being made to reduce the violence across london. by the second week of this year, two people had already been stabbed

over one of the most disastrous computer upgrades in british banking history, paul pester, is leaving tsb million online banking customers. the bank is still struggling with its it systems. mr pester will receive a payout of around £1.7 million. britain's third largest union, the gmb, has called for a referendum on the outcome of the brexit negotiations, saying that "false promises" had been made during the 2016 eu referendum campaign. general secretary tim roache urged labour to adopt the same policy, but he said the vote should be on the terms of exit, not on whether brexit would actually happen. the metropolitan police has confirmed it's investigating the 99th murder in london this year, after a man was found dead in a cemetery in tottenham yesterday. today, in a separate case, five teenagers were found guilty of stabbing to death a father of four injanuary this year in another part of north london. our home affairs correspondent tom symonds reports on the extensive efforts being made to reduce the violence across london. by the second week of this year, two people had already been sta

tsb banking group's ceo pau paul pesto will step down. another glitch had hit bank customers yesterday, it was the latest in a series since a botched i.t. upgrade last april. >>> another story we're watching closely, argentina unveiled emergency austerity measures in a battle to balance its budget after its currency has fallen almost 50% this year the argentine president announced steep spending cuts and new taxes on exports the move is a u-turn from macri, a free market president. >> to cover what's lacking during this transition that's become an emergency, we're going to ask those with more of a capacity to contribute i'm referring to those who export in argentina, their share be greater we know it's bad, a bad tax which goes against what we want to promote which are more exports to generate more quality work in every corner of argentina because i have to ask you to understand this is an emergency and we need your support. >> argentina's finance minister is expected in washington, d.c. today for meetings with imf officials. argentina wi

tsb and hsbc are hit by computer glitches.necting — it's the latest in a string of it outages for the high street banks. the competition and markets authority says it will carefully consider concerns that loyal customers are being ripped off for mobile, broadband, savings, home insurance and mortgage deals. us billionaire and tech entrepreneur elon musk has been charged with fraud by financial regulators. they allege the boss of tesla deliberately misled investors this year when he tweeted that he planned to take the electric car company private by buying back its shares. mr musk has called the action ‘unjustified' — saying he has always acted in ‘the best interests of truth, transparency and investors‘. the charges could see him barred from running a public company. billions of dollars were wiped off the value of tesla shares. joining us now isjim edwards, founding editor of business insider uk. give us your take on the s e c's findings? this is like a textbook case of how not to ac0. if your company is public, and you trade

the chief executive of tsb, paul pester, has resigned with immediate effect five months after a failedster will receive a payout of around £1.7 million. the ticket reseller viagogo is suing musician ed sheeran‘s promoter stuart galbraith for an alleged multi—million pound fraud. it's claimed that galbraith's company kili—mijaro live, set up fake viagogo stalls at music venues where customers were told they had to buy new tickets. the move is the latest in a long running fued between artists and promoters on the one hand and ticket resellers on the other. japan has been hit by the strongest typhoon in 25 years with winds of up to 135 miles an hour. more than a million people have been told to leave their homes. the typhoon struck afterjapan‘s summer of extreme weather, with flooding that killed more than 200, and the highest—ever recorded temperature. robin brant reports. screaming. japan knew that this storm was coming, but some were still caught out and had a very lucky escape from the torrent of water below. typhoonjebi is the strongest to hitjapan in 25 years. in the worst hit area,

in the last few minutes, the boss of the troubled bank tsb has announced that he is stepping down.me of them ended up having duplicate transactions. for some customers, it can really cripple them if they've not got money in the account they should have or they can't pay for things. there's so many different parts of life it can affect if you can't have your bank account working properly. this is not the first time it has happened to them. remember in april, they were all over the headlines because 1.9 million customers had been affected by a century it meltdown. they transferred from one system to another and it meant that it didn't properly work. people locked out of accounts for a long time. various other problems with fraudsters being able to get details and things. so many issues for customers at the time and cost tsp a small fortune. they had to pay out £176 million in compensation to people. rightly so. because they have been really impacted by this. given we have had another it problem, it's been announced this morning that paul pasteur, the ceo is stepping down. they have a

handful of people but now with one glitch there can be thousands, or even potentially as we saw with tsbuld happen more because of the increasingly cashless society. it's so increasingly cashless society. it's so complicated, we have lots of legacy systems that have to talk to each other and it is technologically difficult and that means we do get these glitches from time to time and it's very important to stress test all the systems as robustly as they can. 0k, thank you very much. time for the latest news — here's joanna gosling. the bbc news headlines this morning. a revolutionary new treatment to tackle a rare form of childhood leukaemia is to be made available through the nhs in england. health experts say the therapy — which uses the body's own immune cells to fight the cancer — represents one of the most exciting advances for decades. there are hopes it could also have an impact on other cancer treatments five people have been arrested on suspicion of terrorism offences. three men, a woman and a 17—year—old boy were detained following a series of arrests in birmingham, halifax and

how it started off as part of lloyds tsb, and separated and went from a black horse to a black sheep. give mea mirror about luke shaw, if you could give me a hand, daniel. luke shaw talking about when he broke his leg, a terrible time for him and there we re a terrible time for him and there were concerns he could lose his leg at that time. he wasn't told by the doctors until six months later. he is talking about england and how he has got himself super fit again. one of the things he has done is given up of the things he has done is given up fizzy pop. hence the headline. in a bid to lose weight? yes, i hate to say it, but probably lose a bit of weight. i didn't mean to say that, but genuinely... no, it is something he has spoken about. he was carrying a bit too much. and his boss told them that at the time and he has been working on it, and it is doing the trick, so no more pop. and that injury sounds horrific. it was a terrible injury, a double break and a foot injury, and they operated and he was so keen to get back to football, the doctor only told him six months later there was

but nonetheless, we will watch this closely because we know all the awful problems that tsb had in april we will stay across it for you. thank you. storm bronagh is expected to bring gusts and heavy rain to the uk today. richard hannon short was seen wading through the water and helping the lady out after she became trapped in her vehicle. it is expected storm bronagh will cause problems in the morning rush out with the possibility of flooding and fallen trees. certainly it was pretty brutal outside this morning. well done to him. the government is considering a number of options including a regulator, to better govern the internet. it‘s expected to publish plans in the coming months, including the possibility of a regulator similar to the broadcast watchdog 0fcom. earlier, facebook‘s head of safety told us that the company took its responsibilities very seriously and that it had shut down a record number of fake accounts. we‘ve removed, in about a three—month period earlier in the year, close to 600 million fa ke accou nts before they were ever reported to us. so, more and more, we are