BBC News with David Austin
The British Prime Minister David Cameron has told parliament that riots and looting of the kind that spread across England in the last week will not be
tolerate
d. He blamed a culture in which children were not taught right from wrong
rather than
poverty. Rob Watson reports.
The prime minister said the whole country had been shocked by events and that the government would not
put up with
such violence. He promised tough action against youth gangs and others involved in the violence, which he blamed on a culture of irresponsibility rather than spending cuts or the economic downturn.
"The young people stealing flatscreen televisions and burning shops - that was not about politics or protest; it was about theft."
Parliament united in condemning the rioting, but there was criticism of police tactics and government plans to cut public spending and the numbers of police officers.
The French market regulator has warned it'll investigate and punish what it called the spreading of
unfounded
rumours, which have been blamed by some for big fluctuations in the value of French bank shares. Concerns about US debt have caused wild swings on the stock market in the US. Today it was up sharply. Here's our business reporter Duncan Bartlett.
After several weeks of extreme volatility, Thursday saw another dramatic session on Wall Street with investors pushing the Dow Jones up more than 500 points. That