Royal Bank Of Scotland Confirms $13 Billion Loss

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The Royal Bank of Scotland lost more than $13 billion last year but still paid bonuses. We discuss the rationale behind this move. German Chancellor, Angela Merkel, tells the British Parliament she wants Britain to stay in Europe. Her speech comes as the British Prime Minister, David Cameron, is promising a referendum on whether the country should stay part of the European Union. Conservative MP, Andrea Leadsom, and opposition Labour MP, Keith Vaz, highlight some of the emotive issues surrounding the debate. And a new way to tackle bulging waistlines – the FDA proposes a radical overhaul of food labelling in the US.