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you can now reopen for business. you can now reopen for business-— you can now reopen for business. ~ , .., , business. when we first came up here, the building _ business. when we first came up here, the building was _ business. when we first came up here, the building was really - here, the building was really mouldy, no ventilation so was a massive job to get the building clean. massive generators, the engineers working really hard to get the power. for engineers working really hard to get the power.— to get the power. for the trains and _ to get the power. for the trains and visitors - to get the power. for the trains and visitors could i trains and visitors could return, the snowden mountain railway has had to replace 1000 metres of track to the summit. the project has cost over £1 million but without the train, hafod eryri couldn't open. everything in the building relies on its supplies. you're live with bbc news. now let's look at the value of the british pound — it has outperformed other currencies over the last three months as higher interest rates attracts investors — the bet is the cost of borrowing in the uk will continue to climb as the bank of england tries to tame inflation. some traders expect the bank of england to go higher and further than the us federal reserve and the
the price of oil on international markets is not high enough for them. oil and energy leaders are gathering again today in vienna for the latest opec summit. the biggest and most powerful player — saudi arabia started this week with the news it's extending its voluntary output cut of1 million barrels per day to august. russia is making a similar move. but these cuts are failing to boost energy prices. why? jonathan robinsonjoins me now to explain — he is global power & energy research director at frost and sullivan. just talk us through our oil is at the moment.— just talk us through our oil is at the moment. oil, despite the cuts in production, _ at the moment. oil, despite the cuts in production, oil— at the moment. oil, despite the cuts in production, oil prices- cuts in production, oil prices have stayed relatively low in what we have seen historically in the past year, 1.5 years. there are a few specific reasons for that. chinese demand, industrial out would,
wouldn't say ignore everything, but their primary concern is let's keep phillip schofield holly where people producing know that. that gives these presenters extraordinary power. because the young person on a short—term contract actually challenges the behaviour of one of those presenters, do you think they're going to have any confidence that their contract will be renewed? so i think it's notjust enough to have protocols in place. you've got to, as a network, do something about the work conceptions of people that are there and also circumstances where these highly paid presenters understand they cannot behave as if they are not accountable. it's an imbalance of power. in they are not accountable. it's an imbalance of power.— they are not accountable. it's an imbalance of power. in ten seconds, how confident _ imbalance of power. in ten seconds, how confident are _ imbalance of power. in ten seconds, how confident are you _ imbalance of power. in ten seconds, how confident are you that _ imbalance of power. in ten seconds, how confident are you that those - how confident are you that those changes will actually happen? i’m changes will actually happen? i'm not, changes will actually happen? i“n not, because it is industrywide. it applies to bbc and everyone else. the industry as a whole needs to wake up to the evils of
they can communicate their concerns, but they've also got to get a hold of editors and executive producers and heads of departments and say it's not enough to box check. get in there and make sure that your staff have the confidence to tell you what is happening. look, what happened with phillip schofield, apart from the misuse of power, is he actually arranged for a screen test for this young man who was about 20, 21, his lover as we now know, somebody he met when he was very young indeed. he was given a screen test. you've got to persuade an editor to give a 20—year—old a screen test? as an editor, you should've stopped that in extracts. what going on. is editor, you should've stopped that in extracts. what going on.- in extracts. what going on. is out because you _ in extracts. what going on. is out because you believe _ in extracts. what going on. is out because you believe the - in extracts. what going on. is out i because you believe the presenters just have too much power? weill. because you believe the presenters just have too much power? well, they do. and also, — just have too much power? well, they do. and also, what _ just have too much power? well, they do. and also, what a _ just have too much power? well, they do. and also, what a young _ just have too much power? well, they do. and also, what a young producer. do. and also, what a young producer knows, a young researcher knows, is that a network desperately wants to keep hold of these personalities. don't want them to go elsewhere. and so the networks virtually, i
nello cristianini — professor of artificial intelligence at the university of bath, and author of the short cut: why intelligent machines do not think like us." what you think of this? what kind of things can be regulated, do you think here? . things can be regulated, do you think here?— think here? , well, i think the government— think here? , well, i think the government has a _ think here? , well, i think the government has a lot - think here? , well, i think the government has a lot of - think here? , well, i think the| government has a lot of power think here? , well, i think the - government has a lot of power about what companies can do, in europe and also from europe outward, and the remainder is very good. first it establishes that we do some things that are not acceptable. such a big statement. that some things cannot be done in europe. secondly, certain things can only be done with
three or four years, why are people not prepared, in particular, to come forward? and if you ask yourself that question you get an answer, which is that they're scared. i mean carolyn mccoy is a very good chief executive, i think. whose primary concern obviously in part is to look after shareholder value and to demonstrate that all the processes are in place. they can be all in place but if they are not being used you've got to ask yourself, why they aren't being used because and it is because of this massive imbalance of power that now exists between the rich executives, the powerful presenters, and a largely characterised workforce of young people who are scared to say what is happening because they are on short—term contracts and they are desperately worried about their next job. desperately worried about their next 'ob. ., ., , ., , desperately worried about their next 'ob. ., ., , ., desperately worried about their next 'ob. ., , .,., ,, ., job. how do you try to address that, then? the formal— job. how do you try to address that, then? the formal processes - job. how do you try to address that, then? the formal processes are - job. how do you try to address that, | then? the formal processes are they are but younger, potentially newer members of staff, as you say, perhaps not full—time staff, if they
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