The public not to speculate on the cause of the fire. Describe it as extremely unhelpful. Well, it as extremely unhelpful. Well, theyre urging anyone with information to get in touch via 101. Well five people have now been arrested on londons Oxford Street after social media posts encouraged people to steal from stores. The tiktok post prompted a heavy Police Presence and two young men were seen being led away in handcuffs. Some outlets shut their doors while crowds gathered and officers issued 24 dispersal orders. A spokesperson dispersal orders. A spokesperson for the mayor of london told gb news anyone whos seen the content encouraging them to commit crime should ignore it strikes by staff at Gatwick Airport will cause disruption dunng airport will cause disruption during the Bank Holiday Weekend as workers announce fresh walkout routes. Its part of an ongoing dispute over pay. The unite union saying that around 230 workers, including Ground Handlers and those who assist passengers , will walk out for passengers, will walk out for eight days from august 18th and then again from the 25th. A surge in illegal people smuggling gangs is to be tackled by a new deal struck between the uk and turkey under the agreement, the Turkish National police will speed up the process of return. Turkish nationals who of return. Turkish nationals who come to britain via illegal channels. Turkeys often used as a major hub for people smuggling gangs due to its geographical location , and reports suggest location, and reports suggest that many vessels used to cross the channel originate from there. This is gb news across the uk on tv, in your car on Digital Radio and on your Smart Speaker by saying play gb news. Now lets get back to. Nigel lets get back to. Nigel well, theres no doubt that jeremy hunt did spring into action pretty quickly after my subject access report from coutts bank was published. Coutts bank was published. Perfectly clear i had been debunked because of my political views and not aligning with the values of the bank. And the question i was asking was how many other people has this happened to. 7 well, jeremy hunt , happened to. 7 well, jeremy hunt, he really did move very, very quickly. He the quickly. He wrote to the financial conduct authority, the regulator, and he said he wanted them to urgently investigate what had gone on. Well now a statement has come out today from the fca as follows we have sent an information request to the largest banks and Building Societies. This follows our societies. This follows our announcement of a data exercise to investigate account closures. Firms have until the 25th of august 2023 to provide information on the number of customers that have been terminated and the number of customers suspended , the number customers suspended, the number of customers denied services. The reason for all of the above, the number of banks complaints that have been received on the issue. This will include asking if accounts have been closed because of expressions of political or other opinions. Political or other opinions. Were asking you both personal and business customers , and business customers, including pawnbrokers, charities and political parties. We will analyse the results and provide analyse the results and provide an initial assessment by mid september. Were undertaking this work to better understand the scale of account closures and the reasons behind them. We will share our analysis with the chancellor. We will share our analysis with the chancellor. We are also will share our analysis with the chancellor. We are also actively chancellor. We are also actively engaging the largest payment firms on this topic. Engaging the largest payment firms on this topic. So the 25 firms on this topic. So the 25 big banks and big Building Societies have but a few days to come back to the fca and to explain themselves. Lets hope explain themselves. Lets hope this really does shed light on the closure of personal accounts , of business accounts and the scale of the problem. So the fca have acted , but where have they have acted, but where have they been. 7 where on earth have the been . Where on earth have the fca been whilst this National Scandal was unfolding, it took me to lift the lid on all of this and for others to start coming out. But the fca should have been on to this a long, long time ago. Well, where have the fca been . Well, i suspect the fca been . Well, i suspect theyve got rather different priorities. You see, if you look priorities. You see, if you look at their website for example, you will see an article entitled Pride Matters hours in Financial Service , years and beyond, service, years and beyond, written by a laura dawes, who holds a senior position within the fca. She talks with great pride about it going to the leeds gay pride event with fca staff and really interestingly , staff and really interestingly, she the man who weve mentioned before on this programme and this is really extraordinary because , you know, sheldon mills because, you know, sheldon mills holds one of the top positions. He is the executive chairman of the fca and he recently went on a march to he said , let me wait a march to he said, let me wait for this. This was a march for transgender non binary gender, non conforming and intersex people. So as a cisgender gay people. So as a cisgender gay man, i was an ally and that made me reflect on the need to continually seek to support and make visible the less than 1 of the population who are transgender and face significant challenges , as in so many challenges, as in so many aspects of their daily lives. Aspects of their daily lives. What the hell . What the hell . Mr mills or any of you at the fca . What the hell is going on . Marches making political statements. What the hell has that got to do with Financial Market regs violation . I would say pretty much nothing. So even though the fca finally been forced to act on the closure of bank accounts, its pretty fit. You know, its pretty unfit for purpose. As an organisation, purpose. As an organisation, they seem to have a completely twisted sense of priorities, but this is the sort of woke time tide that is going through, not just our corporate companies, but clearly its coming from and being encouraged by the regulator for themselves. Maybe that begins to help explain what a mess our Banking System is in because as ever, the fish rots from the head down. Now im joined by bob lydon. Hes an independent Financial Adviser with huge experience in the field of banking, with huge experience in the field of banking , written many field of banking, written many reports on it. Bob to begin with, i was fascinated to see what you wrote about the status of politically exposed persons and just how many people were in that category. Yes, i mean, its that category. Yes, i mean, its something its thousands , isnt it . Its a in its a 90,000. It . Its a 90,000. This hasnt gone mad. You know. Its a 90,000. This hasnt gone mad. You know. And then on gone mad. You know. And then on the other hand, you have countries who can give out their lists, which have got 50 people or something, and they would because those are the countries that should be coming under heavy scrutiny. So its become heavy scrutiny. So its become an industry in itself and fed from a data vendor, usually just the one who, you know, if theyre charged saying 100,000 a year or a month , they have to a year or a month, they have to produce fat lists , dont they . Produce fat lists, dont they . They cant produce a zero list list with which is blank. So its become an industry where more and more people get tagged. And once youre tagged, its a black mark. Very difficult to remove. Yeah 90,000 people, politically exposed persons. Politically exposed persons. And from what i can make out, bob, not one single case of anybody in that category being associated with Money Laundering at any point in the last half a century. Century. Well, i dont think thats necessary to be fair. But you perhaps be talking about 5 or 6. Okay were a country where which is not tagged by the global these global bodies, Financial Action task force moneyval as having high incidence of grift you know, of people taking 10 off the top and yet weve got 90,000 peps. Its ludicrous. Moving on cash, you know bank 5000 Bank Closures around the country. A huge reluctance now country. A huge reluctance now for banks to take cash either from individuals or from businesses. And we learn from businesses. And we learn from the 11th of september that natwest are going to put very strict limits on the amount of cash people can put in and take out. Are the banks trying to out. Are the banks trying to drive cash out the system . Drive cash out of the system . Yes, they are. You know what were talking about. You dont have to read very much into things like the un sustainability goals all the stuff during the pandemic that Cash Transfer fitted the disease. Yeah. And oh, cash is bad for financial inclusion. Everybodys got to have a bank account. Well, hold on. Cash is extremely good for financial inclusion. What youve got is inclusion. What youve got is a really a campaign coming. It really a campaign coming. It presents itself like different heads of the hydra, but its kill off cash, get onto digital Digital Currencies , everything Digital Currencies, everything you know, everything is distributed or done through a visa or mastercard like business arrangement. But where theres a arrangement. But where theres a hell of a lot of fees , 3, 5 off hell of a lot of fees, 3, 5 off the top on every transaction. The top on every transaction. Yeah, they love that. Thats why yeah, they love that. Thats why they want digital currency. They want digital currency. Yeah. Oh, im sure once cash is removed completely, those fees will probably go up and not down. It wouldnt too be difficult at that. Now, difficult to guess at that. Now, bob, the have acted today. Bob, the fca have acted today. You know, theyve given this deadune you know, theyve given this deadline of a 25th of august to the you know, my view is the banks. You know, my view is they have been doing this the banks. You know, my view is tilong, have been doing this the banks. You know, my view is tilong, long have been doing this the banks. You know, my view is tilong, long time been doing this the banks. You know, my view is tilong, long time ag0| doing this the banks. You know, my view is tilong, long time ago because1is a long, long time ago because this has been developing into a huge scandal for a very long time. But when i showed you earlier the statements from sheldon mills, the engagement of the bank with pride and other political campaigns, i mean, what are they doing wrong . Isnt their job to what are they doing wrong . Isnt theirjob to regulate what are they doing wrong . Isnt their job to regulate Financial Markets . Well yes, but its difficult when you have the bank of england say the major stream of england say the major stream of work on green ing the bank of england. Youre right. These are its great for management to have targets like that because they can basically mark their own homework, say, oh, weve achieved this, that and the other. And yet underneath it other. And yet underneath it all, what theyre really supposed to be concentrating on like inflation or bank Service Provision goes to hell in a handbag basket. Its brilliant. But but the answer with the fca. I mean, in my personal experience , was trying to help experience, was trying to help really going back five years a certain type of payment company, to not get banked here. And the fca was on the other side. They fca was on the other side. They were effectively saying , oh, you were effectively saying, oh, you know, banks can cite commercial reasons for somebody they were inventing excuses for the banks not to provide service. So not to provide service. So theyve actually been on the other side of this argument for a very long time, protecting the banks against the customer. Would you agree with me that the fca , bob, would you agree the fca, bob, would you agree with me that the fca is simply not fit for purpose . Well, it has its various purposes and it invents them. I dont know. I mean, lets see the timeline is are very short in my experience. People would you know, the banks would say, weve paused your application , weve paused your application, well, why i need service now . They wouldnt ever say ive rejected you. Theyd delay. They rejected you. Theyd delay. They do Everything Possible to say , do Everything Possible to say, we havent rejected you. So we havent rejected you. So given that when you ask a question or they ask the fca, ask how many people have you rejected . Theyll say no one needs to go through very carefully what the fca has said and think about how the banks can wriggle out of saying, well, yes , well know pretty soon. Yes, well know pretty soon. Well know pretty soon we will. Whether this is at least it isnt a five year process. It isnt a five year process. No, in this case, no. Unlike the covid inquiry . No, absolutely , bob. And thank you absolutely, bob. And thank you very much indeed, lynn, for joining us tonight on the show. Now, its been migrant week all week with the conservatives coming out with statements, everything from sending people to islands to, of to the ascension islands to, of course, their deputy chairman, lee upsetting 1 or 2 people. But what is labours solution . Well, theyve come up with a five point plan. Its funny, isnt it . Everybody seems to use five point plans these days. Were point plans these days. Were going to go through it and see what it actually make any difference at all youre listening to gb news radio. News radio. Well, some of your reaction to the fca , one viewer says to the fca, one viewer says theyre part of the problem. Theyre part of the problem. Bankers, policing, bankers doesnt work any better than the old bill policing themselves. The system is wide open for corruption to take hold, stewart says. Corruption to take hold, stewart says. They are failures in their says. They are failures in their position , probably paid failures position, probably paid failures or professional losers. Not much or professional losers. Not much love for the fca here and ryan says, because like so many of our institutions, they are rotten to the core with wokeism. Well, there we are. Now, todays big announcement came from the government and it is a deal with the turkish government. They say the turkish government. They say our partnership with turkey, a close friend and ally , will close friend and ally, will enable our Law Enforcement agencies to Work Together on this International Problem and tackle the small boat supply chain. Well, it might help a chain. Well, it might help a bit, but it wont really make any difference. But hey, if you believe some of the polling out today, labour are on course for an absolutely stonking majority. Now theres a long way to go, but either way theyre certainly the bookies favourites and theyve come up with their own five point plan on. And ive joined here in the studio peter edwards, former editor of labour list. Peter five point plan, not very imaginative really, is it . I wouldnt say that at all. And you know, they often say that flattery is the greatest compliment. We now have the government pick government starting to pick through of labours through bits of labours plan for so couple for themselves. So a couple of years ago tory ministers were saying not were friends saying not sure if were friends with since 2016 with france labour since 2016 has been calling for closer cooperation. Another point from labours plan and to save time, i wont read it all out. No. Sure what was trying to tackle these source. So now, these issues at source. So now, seven years on from perhaps the pubuc seven years on from perhaps the public recognition of the crisis in britain again the tories are trying to tackle the migrant crisis at source as labour suggested. Now theres five different points in the plan, but it would seem like in a very lethargic and piecemeal way, the government are trying to pick up what labour has been proposing. All right. I mean we cant go through lets through all of it, but lets just deal with the new agreement with youve just mentioned. Wont be france wont be allowed to make agreement this make an agreement on this because union because the European Union now manages asylum policy as a whole. They have a lot of arguments over but they do manage it over it. But they do manage it as a whole. And so we would need to agreement with the eu to do an agreement with the eu on with france. To do an agreement with the eu on theyve with france. To do an agreement with the eu on theyve vveryrance. To do an agreement with the eu on theyve vvery given, and theyve been very given, given thousands given the hundreds of thousands crossing in, crossing the mediterranean in, its not really going to happen, is . Well, got to is it . Well, weve got to disaggregate two Different Things announced disaggregate two different thin week announced disaggregate two different thin week was announced disaggregate two different thin week was with announced disaggregate two different thin week was with turkey. Nced disaggregate two different thiryesek was with turkey. Nced disaggregate two different thiryes ,< was with turkey. Nced disaggregate two different thiryes , weve with turkey. Nced disaggregate two different thiryes , weve alreadykey. Nced yes, weve already got agreements france. Some agreements with france. Some folk in this country believe were wrong to pay money to france. The alternative is we give france nothing and allow the problem to get worse. And my concern, theres a lot of politics in it. And we know that immigration is very important, isnt to swing voters, but people are dying. People are dying in war torn countries then then at risk when they come to turkey , then theyre in at risk turkey, then theyre in at risk again. When they get on a small boat. And then