Are looking like. Well tell you all you need to know for the day ahead. Banks down under in trouble as well. Some down graded by moodys. Today, as venetians vote to ban the big cruise ships, let us know what you think. Are you a fan of a cruise or is it possibly the worst holiday idea that you could even come across . use bizlive. Hello and welcome to Business Live. 7 . . . Newsub the former Chief Executive and three other ex barclays staff are also ba rclays staff are also facing criminal charges. The charge relate to the emergency funding. At the height of the financial crisis in 2008 this was. It was at the same time that rival banks, rbs and lloyds turned to the government here in the uk for help, but barclays government here in the uk for help, but ba rclays instead government here in the uk for help, but barclays instead opted to seek money from qatar, the gulf state. There are now questions over how the funds were raised and what barclays offered to qatar in return. Lets get the
Aus north korea as a brutal regime after a us student that was imprisoned there guys. Stay hydrated, as the uk heatwave continues. Imprisoned there guys. Imprisoned there has died. Good morning. Its tuesday 20th june. Im annita mcveigh. Welcome to bbc newsroom live. The Serious Fraud office has charged barclays and four former executives including former chief Executivejohn Varley with fraud over the banks dealings with qatar at the height of the financial crisis. Barclays raised Emergency Funding from qatar in 2008 to avoid a government bail out. Now barclays has become the first bank to Face Criminal Charges for actions during the financial crisis. With me is ben thompson. The first Senior Executives to face charges over alleged activities in that period of the financial crisis. Tell us more period of the financial crisis. Tell us more about what the charges are. You have two turn the clock back to 2008, the height of the crisis. Three of the biggest banks said they we re three of th
two comedy shows there in 2015. we have not heard back from him yet but he has put out a statement saying oh, i have been caught in sin, was not trying to hide this, i have written about this in my own book. he brought out a guide to life in 2016 and he said mentioned going to clubs and performing there. he said that he was only paid a few hundred pounds and he was paid by an english promoter. it was not qatar money. he seemed to be saying that this was completely different. but i simply do not understand in this show which is almost an hour long, why did you not to say, i played qatar in 2015 there was a dreadful experience and i really regretted things have to change. as we, he was interviewed by the new york times and talked about it, why did you not mention it in the channel for show? that is what
something in the ft. i particularly wanted to flag something in the ft. i don t know whether you something in the ft. i don t know whether you two something in the ft. i don t know whether you two were something in the ft. i don t know whether you two were watching i something in the ft. i don t know. whether you two were watching the england whether you two were watching the england game last night and that was some particularly sad news from qatar some particularly sad news from qatar with england s exit but they have a qatar with england s exit but they have a really important story about how qatar have a really important story about how qatar has been washing around political how qatar has been washing around political centres for a long time and we political centres for a long time and we know that they didn t necessarily get the world cup in the most necessarily get the world cup in the most fair necessarily get the world cup in the most fair way and the ft is