So what is the Greek government's plan to save its banks and stay in the euro?

These are the elements, according to Giorgos Stathakis, the Economy Minister, in an exclusive BBC interview.
First and foremost, the European Central Bank must keep Greek banks alive for a week to 10 days, so that rescue talks can progress between Athens and its creditors, eurozone governments and the International Monetary Fund.
In a best case, he said, the ECB would provide an additional â‚¬3bn of Emergency Liquidity Assistance (ELA) later today.
But even if the ECB simply continues to freeze ELA, Mr Stathakis said the current cash withdrawal and transfer restrictions on banks could stay in place till Friday, without any of them collapsing.
Naturally if the ECB decides to reduce ELA, which its mandate would allow it to do, then banks would be in dire straits.
The second element of a rescue would be Mr Tsipras's letter to creditors last week, when he accepted most of their proposals for spending cuts, tax rises and structural economic reforms - with relativity modest changes to the nature of proposed pension cuts.
Finally the government wants a 30% reduction in its debt burden, as per the IMF's debt sustainability analysis of last week, either through direct write-offs or through lengthening the repayment term.
Goodness only knows whether the eurozone - led by Berlin - and the IMF will deal on this basis.
But, as Mr Stathakis conceded, with Greek banks on the verge of collapse, there is no longer any scope to put off a decision on whether Greece is in or out of the euro for much more than 48 hours.
For what it's worth, he said that his government does not have a mandate to quit the eurozone.
But with the Greek economy seizing up for want of a functioning banking system, a mandate for euro exit may be a luxury too far.


Thailand's army says it has now released 124 people, including politicians and activists, who were taken into custody after the coup.

An army spokesman said a total of 253 people had been summoned. Fifty-three did not report and 76 were in custody.
Conditions for the release appear to include agreeing to avoid political activity and informing the army of travel, a BBC correspondent says.
Coup leaders, who took power last week, received royal endorsement on Monday.
Thailand's former prime minister, Yingluck Shinawatra, has been released but remains under some restrictions.
The army also says it is releasing a group of "red-shirt" protest leaders who support the ousted government. The anti-government protest leader has already been freed.
So far, almost all of the 124 people who the army said they had detained and released have kept a very low profile, says the BBC's Jonah Fisher in Bangkok.
It remains to be seen whether these "red-shirt" leaders - who support the ousted government - do the same, our correspondent adds.
The military seized power in Thailand on 22 May, saying it wanted to return stability after months of unrest.
The move followed six months of political deadlock as protesters rallied against Ms Yingluck's government.
At least 28 people were killed and hundreds injured during the protests.
On Monday a royal command approved the coup. But the military's actions in removing an elected government has drawn widespread international criticism.
Correspondents say there is also a degree of scepticism about the total number of people in custody provided by the military, with reports of more widespread detentions.
Rights groups have expressed alarm over the detentions, as well as the tight restrictions on media.
On Monday, there were reports that internet users were briefly unable to access social media site Facebook. The country's information and technology ministry told the BBC there was a gateway problem.
Experts have said that the coup is unlikely to heal highly polarised political divisions in the country.
The current deadlock dates from 2006, when the military ousted Ms Yingluck's brother, Thaksin Shinawatra, in a coup.
Both have strong support in rural and northern areas, propelling them to successive election wins.
However, many in the middle class and urban elite, who comprise the heart of the anti-government movement that began in November 2013, oppose them bitterly.


The next EU president has told the BBC "the Irish border issue" must be settled before talks on Brexit can start.

Malta's Prime Minister Joseph Muscat made his comments as a British-Irish council meeting was being held in Wales.
The implications of leaving the EU were discussed at the summit by the first and deputy first ministers.
The talks were hosted by Welsh First Minister Carwyn Jones.
In a BBC interview, Mr Muscat, whose country assumes the EU's presidency in January, said: "There will be issues relating to borders, especially the Irish issue, which I think is one of the most politically sensitive issues. I think there is a political willingness from everyone to have it resolved."
The prime minister of Malta also said EU leaders were not "bluffing" when they said the UK will be left without access to the single market when it leaves the bloc if there is no free movement of people.
"This is really and truly our position and I don't see it changing," he said.
The talks in Cardiff were also attended by the Northern Ireland Secretary of State, James Brokenshire, as well as Irish Prime Minister Enda Kenny.
Deputy First Minister Martin McGuinness said it was still not clear what Brexit would involve and said Prime Minister Theresa May should have been there.
"I think the British prime minister should have been here today," he said.
"She is a new British prime minister, this was her first opportunity to attend the meeting of the British Irish Council and to meet with the devolved institutions and the crown dependencies and I think it was a missed opportunity on her behalf."
This is the third summit for the normally biannual group in 2016, after an emergency session also hosted in Wales following the EU referendum.
Varying approaches to early years education and child care are also expected to be on the agenda.


You might have seen police horses in your neighbourhood, in city centres, or even at events like football games.

Media playback is unsupported on your device
4 December 2014 Last updated at 07:38 GMT
Well, new research suggests that they do help police officers to do their job.
A report by Oxford University claims that a police horse helps people see the police, and makes people more likely to speak to officers.
Police horses are often used to manage large crowds of people.
Jenny went to meet Captain, a police horse with Greater Manchester Police, to see how he goes about his day.


Petrofac shares fell sharply on Monday after the oil and gas services company said it expected to take another big financial hit on its Laggan-Tormore gas plant project on Shetland.

In February the group announced that it lost Â£154m last year on the project, which is nearing completion.
But Petrofac is now expecting a further pre-tax loss of about Â£130m in 2015.
It blamed the projected loss on poor weather, industrial action and failings by some sub-contractors.
However, it added that it still expected to complete the project on behalf of French oil company Total in the third quarter of this year.
In an update, Petrofac said: "During late March and early April, activity on the Laggan-Tormore site has ramped up substantially as we have moved into the final construction and commissioning phases of the project.
"Continued adverse weather conditions during March on Shetland and industrial action has delayed this ramp-up by almost a month from our original expectations."
Petrofac added: "The additional costs we expect to incur reflect our firm intention to devote all the necessary resources to the project to meet the delivery commitments we have made to our client.
"We anticipate that construction activity on the site will be substantially complete by mid-June and we intend to provide an update to the market on the status of the Laggan-Tormore project with our trading statement scheduled for 23 June 2015."
Group chief executive Ayman Asfari said: "We are deeply disappointed by this additional cost to complete on the Laggan-Tormore project.
"As we noted in our year-end results announcement, given the extent of direct construction involved in the project, Laggan-Tormore is different from the rest of our EPC (engineering, procurement and construction) project portfolio, where we typically utilise sub-contractors to deliver construction services.
"We had to take on this level of direct construction responsibility when some of our sub-contractors failed to deliver in line with their agreed scopes.
"Our lack of experience of operating a direct construction model in a wholly new geography for our Onshore Engineering & Construction (OEC) business, particularly in a location where labour costs are much higher and productivity much lower than we are used to, has cost us dearly."
Petrofac shares were down by about 12% in early trading on Monday.


Second-placed Plymouth soared seven points clear of League Two promotion rivals Carlisle after beating the Cumbrians at Home Park.

Playmaker Graham Carey fired Plymouth into a 21st-minute lead before Jake Jervis made it 2-0 from the spot just before half-time.
Carlisle remain third despite a third successive defeat, while Plymouth moved to within four points of leaders Doncaster.
Plymouth almost took the lead in the 15th minute but Ryan Taylor's header came crashing back off the crossbar.
But Carlisle fell behind six minutes later when Luke Joyce's defensive pass was intercepted by Carey, who exchanged passes with Taylor before sweeping home.
The hosts built on their lead in first-half stoppage time when Taylor was floored by marker Shaun Brisley and recalled forward Jervis sent goalkeeper Mark Gillespie the wrong way from the spot.
James Bailey came close to scoring for United with a stinging 52nd-minute shot that beat Argyle keeper Luke McCormick but flew just past the post.
Jervis came close to adding a third in the 75th minute, flashing an angled drive off the top of the bar.
Match report supplied by the Press Association.
Match ends, Plymouth Argyle 2, Carlisle United 0.
Second Half ends, Plymouth Argyle 2, Carlisle United 0.
Attempt saved. David Fox (Plymouth Argyle) right footed shot from the left side of the box is saved in the bottom right corner.
Attempt saved. Danny Grainger (Carlisle United) left footed shot from long range on the right is saved in the top right corner.
Foul by Matthew Kennedy (Plymouth Argyle).
John O'Sullivan (Carlisle United) wins a free kick in the defensive half.
Graham Carey (Plymouth Argyle) wins a free kick on the right wing.
Foul by Tom Miller (Carlisle United).
John O'Sullivan (Carlisle United) wins a free kick on the left wing.
Foul by James Spencer (Plymouth Argyle).
Attempt saved. Ryan Donaldson (Plymouth Argyle) right footed shot from outside the box is saved in the centre of the goal.
Jamie Proctor (Carlisle United) is shown the yellow card for a bad foul.
Ryan Donaldson (Plymouth Argyle) wins a free kick in the attacking half.
Foul by Jamie Proctor (Carlisle United).
Matthew Kennedy (Plymouth Argyle) wins a free kick in the defensive half.
Foul by Tom Miller (Carlisle United).
Substitution, Plymouth Argyle. Ryan Donaldson replaces Jake Jervis.
Attempt missed. Tom Miller (Carlisle United) right footed shot from outside the box is close, but misses to the left.
Attempt missed. Jabo Ibehre (Carlisle United) left footed shot from the centre of the box is close, but misses to the left.
Shaun Brisley (Carlisle United) is shown the yellow card for a bad foul.
James Spencer (Plymouth Argyle) wins a free kick in the defensive half.
Foul by Shaun Brisley (Carlisle United).
Jake Jervis (Plymouth Argyle) hits the bar with a left footed shot from outside the box.
Substitution, Carlisle United. John O'Sullivan replaces James Bailey.
James Spencer (Plymouth Argyle) is shown the yellow card for a bad foul.
Foul by James Spencer (Plymouth Argyle).
Jamie Devitt (Carlisle United) wins a free kick in the attacking half.
Substitution, Plymouth Argyle. James Spencer replaces Ryan Taylor.
Foul by Ryan Taylor (Plymouth Argyle).
Shaun Brisley (Carlisle United) wins a free kick in the attacking half.
Foul by Graham Carey (Plymouth Argyle).
Jamie Devitt (Carlisle United) wins a free kick in the defensive half.
Attempt missed. Antoni Sarcevic (Plymouth Argyle) right footed shot from outside the box misses to the left.
Nicky Adams (Carlisle United) wins a free kick in the defensive half.
Foul by Oscar Threlkeld (Plymouth Argyle).
Jake Jervis (Plymouth Argyle) wins a free kick in the defensive half.
Foul by Jamie Proctor (Carlisle United).
Attempt missed. Antoni Sarcevic (Plymouth Argyle) right footed shot from outside the box is close, but misses the top right corner.
Foul by Graham Carey (Plymouth Argyle).
Jamie Devitt (Carlisle United) wins a free kick in the defensive half.


Ayr United made it six points out of six with two late goals securing a 3-1 win over Dumbarton in League Cup Group E.

Andy Dowie's own goal gave the visitors the lead before Dumbarton hit back through Christian Nade.
Two goals in the last 20 minutes from Declan McDaid and Robbie Crawford kept Ian McCall's men three points ahead of Ayrshire rivals Kilmarnock.
Killie were 4-2 winners over Clyde to gain their first points of the group.
Rory McKenzie gave Killie an early lead before Darren Ramsay and Kevin Nicoll edged Clyde in front.
That is how it stayed until 53 minutes when summer signing Dominic Thomas scored, with the former Motherwell man adding his second soon after.
After McKenzie scored again to make it 4-2, Jordan Stewart was sent off for the visitors following a late challenge to curtail any hope of a Clyde comeback.
In Group F, Greenock Morton scored twice in the final five minutes before beating Queen's Park 4-2 in a penalty shootout.
The Spiders had taken the lead through Bryan Wharton with 20 minutes to go, and when Thomas Orr scored with nine minutes left it looked to have earned the League One side a shock win.
Bob McHugh turned in Scott Tiffoney's cut-back to set up a frantic finale, and Darren Barr's volley two minutes into time-added-on took the game to penalties.
Morton won the bonus point to stay top of the group on five points with Tiffoney, Andy Murdoch, Ricki Lamie and Gary Harkins all scoring from the spot for the hosts, with Adam Cummins and Bryan Wharton netting for the visitors.
Elsewhere in Group F, Berwick Rangers also needed a late goal in the 90 minutes, but lost 4-2 on penalties to Edinburgh City.
Ashley Grimes had twice given Edinburgh the lead but goals from Aaron Murrell and Pat Scullion pegged them back.
The capital side won the shootout after Chris MacDonald and Andrew Irvine missed for Berwick.


The former speaker of the lower house of the Brazilian Congress, Eduardo Cunha, has been arrested in connection with a major corruption investigation.

Mr Cunha was accused of taking $5m in bribes from a company that won contracts with the state oil company, Petrobras.
He has vigorously rejected all the allegations.
Mr Cunha was for many years one of Brazil's most powerful politicians.
He led the impeachment process against President Dilma Rousseff, who was dismissed in August.
Mr Cunha, from the centre-right PMDB party, was expelled from the Brazilian Congress last month.
He was arrested in the capital, Brasilia, and has been transferred to the southern city of Curitiba, where federal judge Sergio Moro is leading the corruption probe.
Mr Moro said he had ordered the arrest because there was "a real possibility of [Mr Cunha] fleeing the country as he has resources hidden abroad".
The fact that he has dual Brazilian and Italian citizenship also increased the risk of him trying to evade justice, added Mr Moro.
Mr Cunha has been detained for an indeterminate period.
Petrobras is at the centre of a massive kickbacks scandal which cost the company $2bn (Â£1.5bn) and has led to the arrest of dozens of lawmakers and top businessmen.
At least three businessmen have said under interrogation that they paid bribes to Mr Cunha, which they deposited in his overseas accounts.
Along with his seat he has lost the partial immunity from prosecution that comes with being an elected representative.
In March 2015 Mr Cunha stated that he did not have "any type of account anywhere that is not declared on my income tax".
But authorities in Switzerland later gave information to a corruption inquiry in Brazil stating that Mr Cunha and his wife, former journalist Claudia Cruz, were beneficiaries of secret accounts worth about $5m (Â£3.7m).
During the proceedings against him in Congress, Mr Cunha threatened to reveal secrets and destroy the reputation of many of those who, in his opinion, had betrayed him.
Former President Dilma Rousseff said Mr Cunha had decided to accept a request to open her impeachment case in December last year after she refused to back him up in a corruption probe in Congress.
She was replaced by her vice-president, Michel Temer, who is also from the PMDB party.
Ms Rousseff accused Mr Temer of leading a political coup against her left-wing government.


Cleveland Cavaliers star LeBron James will not play for the United States at the 2016 Rio Olympics.

Media playback is not supported on this device
The 31-year-old has won gold medals at the last two Games but will not travel to Brazil this summer.
James led the Cavaliers to the NBA title last week but said on Thursday: "I could use the rest".
James, the NBA's four-time Most Valued Player, is the US team's all-time scoring leader with 273 points and second in career rebounds with 95.
The US are already without Golden State Warriors star Steph Curry, as well as James Harden and Chris Paul.


There is a sense of urgency and exasperation in the European press as Greece prepares its new proposals.

Germany's Die Welt says Europe "waits in vain for a reform list from Athens", while France's Le Figaro writes that Greek PM Alexis Tsipras "plays with the nerves of the Europeans".
Many papers worry about the impact of the Greek crisis on the rest of Europe.
A headline in Greece's Kathimerini daily asks "Euro or Drachma on Sunday?" - the day when European leaders meet for an emergency summit on the proposals.
The Greek papers are aware of the seriousness of the new deadline. "This time, yes, it's an ultimatum. And in a form that leaves no doubt," writes the centrist Greek daily Ethnos.
"Within a few days we should decide what we want. And there are two prospects: either move to a new programme or forget the country's European course. It is up to us to choose what we prefer. And ultimately, at what cost."
Ethnos says this is the most difficult position that a Greek leader has found himself in since the end of military rule in the country in 1974.
"Now is the prime minister's hour. And this time it's not a figure of speech," the paper says.
Italy's La Repubblica highlights the European Union's "tough position" on Greece, saying that "For the first time, European governments appear united."
But many commentators argue that this position has not been tough enough.
"Merkel offers Greece a new package worth billions - after all," complains the German tabloid Bild, referring to the German chancellor's comments that leaders were discussing a third aid programme.
"Instead of signalling the end of this fool's game, Merkel, Francois Hollande and their colleagues seem to be likely to agree to another delay for Greece," writes France's Le Figaro.
Michael Stuermer in Die Welt is equally angry.
"They [Greece] want to have their cake and eat it - in other words, to consume the transfer funds of the EU but not to obey the small print patiently demanded by the creditors," writes Stuermer.
"Greece cannot be allowed to get away with this," says the paper.
Die Welt also worries that Greece's "high-stake games" could "spread to others".
But Spain's El Pais downplays this perceived threat.
"Some will say that if Greece manages to get more flexibility, then Spain, Portugal and even Italy may also want 'concessions'. But Greece is a unique case. The situation of the others is much more stable, they cannot hope for a debt pardon or an end to austerity."
It suggests that "all efforts should focus on reaching an agreement".
Some commentators are also concerned about Russia's growing influence following a possible Grexit.
"Vladimir Putin's Russia has absolutely no means to save Greece and the crisis is not good news for the Russian economy. But Russia can still capitalise on its nuisance value," says an editorial in France's Les Echos.
BBC Monitoring reports and analyses news from TV, radio, web and print media around the world.  You can follow BBC Monitoring on Twitter and Facebook.


An independent review looking at ways to reduce energy costs has been launched by the government.

The study will examine how the UK can keep household bills down while also meeting its climate change targets.
Oxford University professor Dieter Helm, who is carrying out the work, said he would "sort out the facts from the myths about the cost of energy".
The launch comes just days after British Gas raised electricity prices by 12.5% for 3m customers.
The study, which is expected to be published in October, will look at the key factors affecting bills - including energy and carbon pricing, efficiency measures and regulation.
It will consider how costs can be reduced at all stages of the energy supply chain, as well as the impact of new technology on the sector.
However, it will not examine whether to introduce a cap on energy bills, which was a pre-election pledge by the Conservatives.
Professor Helm said:  "My review will be independent and sort out the facts from the myths about the cost of energy, and make recommendations about how to more effectively achieve the overall objectives."
The government says it is already looking at ways to cut bills and has called upon the energy regulator Ofgem to use its existing powers to reduce prices.
The regulator said it is considering extending a price cap on energy bills to more households on low incomes.
Will Hodson of the Big Deal energy switching group said the review was "kicking the can down the road" and said consumers needed an immediate solution to the rising costs of energy.
He added that households which were constantly switching providers were getting the best deals, but loyal customers were paying significantly higher prices, as they were on a standard variable tariff which fluctuates.
Business and Energy Secretary Greg Clark said: "All homes and businesses rely on an affordable and secure energy supply and the government is upgrading our energy system to make it fit for the future.
"We want to ensure we continue to find the opportunities to keep energy costs as low as possible, while meeting our climate change targets."
Lawrence Slade, chief executive of trade body Energy UK, said he welcomed "greater transparency" over energy cost as the UK moves to a decarbonised energy system.
"Using our energy as smartly as possible is critical so energy efficiency must be a national infrastructure priority," he added.
Consumer group Which? said the review will be "cold comfort" to many households already overpaying on their energy bills.
Alex Neill from Which? said: "Consumers need to see urgent action from the government and regulator to tackle the lack of competition in the market and to ensure they are getting a good deal."
Announcing the rise in electricity prices, British Gas owner Centrica said it was one of the last suppliers to raise its tariff and the move was a result of transmission and distribution costs and the costs of government policy.
But the government said its policy costs "could not explain" the rises.


A Denbighshire firm has won an £82m defence contract to maintain surveillance and targeting equipment for the UK's Armed Forces.

The six-year deal with St Asaph-based Qioptiq, which will create eight jobs, was announced by the Ministry of Defence (MoD) on Monday.
Qioptiq will service equipment such as night-vision goggles and weapon sights.
Welsh Secretary Alun Cairns said it was an "enormous vote of confidence in the Welsh economy".
The Welsh Government is investing £2.5m in a new purpose designed facility for the company.
It comes after the announcement in November that the Flintshire-based Defence Electronics and Components Agency at Sealand would help repair F-35 fighter plane components in a multimillion pound deal.
MoD Parliamentary Under Secretary Harriett Baldwin announced the new Surveillance Target and Acquisition Support deal at the IDEX trade show in Abu Dhabi on Monday.
She said: "This deal will provide our troops with the equipment they need to stay safe, while also delivering £47 million of savings."
The savings came from 20 separate support contracts being merged into one deal, she revealed.
Mr Cairns said the "massive" contract "underlines Wales' reputation as a world leader in the defence technology sector".
"This enormous vote of confidence in the Welsh economy demonstrates that we offer the highly-skilled workforce and facilities that investors need," he added.
The contract covers equipment from across the Armed Forces, from frontline infantry and Royal Marine soldiers, to military specialists such as bomb disposal experts and includes infantry periscopes, laser aimers and target-locating equipment.
The Welsh Government is constructing a new 24,000 sq ft facility on land it owns next to Qioptiq's premises at St Asaph Business Park.
Mr Skates said: "I am delighted the Welsh Government was able to support the company's successful bid from the early pre-qualification stage through to the development of a purpose designed facility that is vital to deliver the contract."


Reports that Russia's intelligence agencies hold compromising material about Donald Trump have sparked angry denials from the US president-elect and the Kremlin.

The claims that Mr Trump's presidential campaign secretly communicated with Moscow - and that Russia has embarrassing sexual information about him - are unverified.
But there have been allegations circulating in political and media circles for months. Here is what we know about how they came to light.
The Democratic leader in the US Senate, Harry Reid, provoked speculation when he accused FBI director James Comey of withholding "explosive information" on 30 October.
In a letter, Mr Reid said the information related to "close ties between [Republican candidate] Donald Trump, his top advisers, and the Russian government".
"The public has a right to know about this information. I wrote to you months ago calling for this information to be released to the public."
He hit out after the FBI revealed it was investigating emails linked to Hillary Clinton, and accused the bureau of violating an act that bars officials from influencing the election.
His letter came less than two weeks before the 8 November poll.
A day later the US news magazine Mother Jones published the first report alleging the existence of memos compiled since June by "a former senior intelligence officer for a Western country who specialized in Russian counterintelligence".
The BBC also first saw the documents in October, but has been unable to verify the information included.
However, the BBC learned in November that the CIA was treating the information as "credible". The author of the dossier is understood to be a former British intelligence agent.
The original intention of the research was to derail Mr Trump's candidacy, reports say.
Republican Senator John McCain became aware of the 35-page dossier and passed a full copy to the FBI director on 9 December, according to media reports.
By this time Mr Trump had won his surprise victory in the US election and was facing increasing pressure over claims Russian hackers had targeted Democratic Party emails.
Mr McCain confirmed on Wednesday that he had received sensitive information and turned it over to the FBI.
In a statement, he said he examined the contents of the material, was unable to make a judgment about the accuracy and delivered it to James Comey.
"That has been the extent of my contact with the FBI or any other government agency regarding this issue," he said.
Can US election hack be traced to Russia?
US broadcaster CNN reported on 10 January that US intelligences agencies had presented the information - in the form of a two-page synopsis - to the president-elect, to President Barack Obama and to several congressional leaders.
The briefing happened a week earlier and was intended to make Mr Trump and President Obama aware of the allegations circulating, according to the report.
The synopsis was attached to a classified US report into alleged Russian hacking, CNN says.
But this was only shared with the highest level of government and was not included in the intelligence report about Russian hacking that was more widely distributed.
Following the CNN report, Buzzfeed News published the full dossier.
It said it was doing so "so that Americans can make up their own minds about allegations about the president-elect that have circulated at the highest levels of the US government".


(Close): Shares in plumbing goods supplier Wolseley bolstered the market, ending the day 5.57% higher after the company reported a big rise in profits.

Group trading profit rose 25% to Â£515m for the six months to 31 January.
Wolseley also said it was changing its name to Ferguson, which is its main US brand. The group makes about 84% of its profit in the US.
Wolseley was the biggest riser in the FTSE 100, with the share index closing up 50 points at 7,343.42.
Shares in Tesco finished 1.25% ahead at 191.20p.  The supermarket giant announced on Tuesday that its subsidiary, Tesco Stores Ltd, had in principle struck a deferred prosecution agreement with the Serious Fraud Office over its 2014 accounting scandal.
The agreement - which still requires approval by the High Court - only covers Tesco Stores and does not address whether liability of any sort applies to the larger international group Tesco PLC or any of its employees.
Tesco is paying a Â£129m fine and will also pay Â£85m in compensation to shareholders.
Separately, one of Tesco's biggest shareholders has warned that the retailer is paying too much for its planned takeover of wholesaler Booker.
Schroders fund manager Nick Kirrage told the BBC that Tesco was paying a "premium" and he had "major concerns" about the deal.
On the currency markets, the pound was down 0.35% against the dollar at $1.2514, and 0.28% down against the euro at 1.1528 euros.


A man allegedly supplied dissident republicans with information on where a prison officer goes rambling with his children, the High Court has heard.

Joseph Pearce, 45, from Clogharevan Park in Bessbrook, County Armagh was refused bail.
He is charged with two counts of collecting information likely to be of use to terrorists.
Mr Pearce was allegedly referred to by a co-accused as providing a "world of information" on potential targets.
He was one of a number of men arrested after a house at Ardcarn Park was raided on 10 November after being bugged by MI5 for three months.
Seven other men have already been charged with a range of terrorist offences based on this evidence.
The court was told that at the meetings, weapons and procuring explosives, fund-raising, making and transporting a bomb and potential police and prison officer targets, were also discussed.
According to the prosecution Mr Pearce attended just one of the bugged meetings, held in October.
The court heard that before he arrived, co-accused Patrick Joseph Blair was recorded phoning and asking him to join the group.
Mr Blair, 59 of Villas Park, Dundalk, was remanded last month charged with directing terrorism and membership of a proscribed organisation.
Prosecution counsel said Mr Blair could be heard telling others in the house that Pearce was a "world of information".
It was claimed that he said: "He (Mr Pearce) must've given us about four different cops, five cops, the governor, that Brit."
Mr Blair allegedly went on to claim that he was able to provide details of a specific police officer that enabled reconnaissance to be carried out.
Less than 20 minutes later Mr Pearce arrived at the house and imparted a range of information during ongoing talks, according to the prosecution.
Mr Justice Treacy was told the group discussed a pet shop in Belfast frequented by loyalist paramilitaries.
Mr Pearce then allegedly described the location of a businessman's home he had visited, the ease with which entry could be gained, the occupant's obvious wealth and vulnerability to coercion and robbery.
"He also tells how he was recently passing the college near Jordanstown, saw numerous British soldiers in uniform standing outside and described how they would be 'such a handy touch'," the prosecution lawyer said.
During the conversation it was claimed that he also named a man who recently joined the Army, giving details on where he lives.
Loyalists suspected of laundering drug money were also referred to, the court heard.
On being prompted, Mr Pearce allegedly then named a prison officer and described in detail his routine and leisure habits.
"He goes on to outline the address of a home of a relative who the prison officer often visits and how he goes rambling with his children from the address," the prosecutor said.
Opposing bail, she argued that even if he is not accused of taking part in terrorist activities, he has supplied information to facilitate others.
The court heard police plan to speak with two of the individuals named in the conversations within the next few days.
Defence lawyers contended, however, that Mr Pearce is accused of playing a lesser role than the others charged.
His barrister also claimed some of the allegations against his client were based on potentially exaggerated hearsay evidence from Mr Blair.
But refusing bail, Mr Justice Treacy pointed out that Mr Pearce is alleged to have been "an enthusiastic provider of information".
He added: "It goes without saying in the context of this case, and the ongoing terrorist campaign being conducted by dissident organisations, that these are very serious charges."


Google is updating its search algorithms to favour websites that work well on mobile devices.

Sections of sites owned by the European Union, the BBC and Wikipedia currently fail the search giant's Mobile Friendly Test developer tool.
"Mobile friendliness" will affect how prominently websites appear in Google search results pages from 21 April.
Criteria includes text size, the amount of space between links and whether the content fits across a mobile screen.
A Google representative said mobile friendliness was "one of many" factors used by the search engine to rank results, but in a blog post the company said it would have "a significant impact" on search results.
"As people increasingly search on their mobile devices, we want to make sure they can find content that's not only relevant and timely, but also easy to read and interact with on smaller mobile screens," the representative said.
Google is also offering developer tools for making websites compliant with the mobile-friendly guidelines.
Kevin Dallas, chief product officer at global payment processor Worldpay eCommerce, welcomed the changes.
"This move by Google should send a message to companies whose websites are poorly configured for smartphone users that optimising for mobile is no longer a matter of choice," he said.
"This is particularly relevant for online retailers."
The BBC said that while its bbc.co.uk domain failed the test, mobile users would soon be automatically redirected to a mobile version of the site, m.bbc.co.uk, which did pass the test, and was responsive, meaning it should adapt to fit the device on which it is being accessed.
The EU and Wikipedia have also been contacted by the BBC for comment.
The European Union's home page appears to be the only part of its site to currently fail the test.
Google clashed with the EU last week when European Union competition commissioner Margrethe Vestager announced a complaint had been filed against Google over alleged anti-competitive behaviour.
Google has denied the allegations, which include promoting links to its own shopping services above those of rivals.


14-15th centuries - Principality of Moldova stretches roughly between Carpathian mountains and Dniester river.
16th - early 19th century - Moldovan territory disputed by several powers with the Ottoman Empire and Russia as the main rivals. Numerous wars.
1812 - Treaty of Bucharest grants Russia control of eastern Moldova or Bessarabia, the area between the River Prut and the west bank of the Dniester. The Ottoman Empire gains control of western Moldova.
1878 - Ottomans recognise independence of Romanian state including western Moldova.
1918 - Following the Bolshevik revolution in Russia, Bessarabia declares independence. Its parliament calls for union with Romania.
1920 - Treaty of Paris recognises union of Bessarabia with Romania. The Bolsheviks do not.
1924 - Moldovan Autonomous Soviet Socialist Republic established east of the Dniester river within Ukraine.
1939 - Romania carved up in pact between Hitler's Germany and Stalin's USSR. Bessarabia is one of the areas to go to the USSR.
1940 - Russia annexes Bessarabia and combines it with most of the Moldovan Autonomous Soviet Socialist Republic to form Moldavian Soviet Socialist Republic.
1941-1945 - Following Nazi attack on USSR a Romanian puppet regime is installed in Moldavian SSR but driven out shortly before the end of the war when the Soviet Union regains control.
Late 1980s - Resurgence of Moldovan nationalism in the wake of the era of 'openness' introduced in the Soviet Union by Mikhail Gorbachev.
1989 - Romanian is reinstated as the official language. The Latin script is adopted to replace the Cyrillic script (Russian).
1990 - Moldova declares its sovereignty.
The Gagauz people in the southwest declare their independence, followed by the Trans-Dniester region. The central power in Moldova annuls the declarations.
1991 - Moldova declares its independence. It joins the Commonwealth of Independent States, the successor to the Soviet Union.
1992 - Moldova becomes a member of the United Nations.
An upsurge in fighting in the Trans-Dniester region leads to a state of emergency being re-imposed. Hundreds die in the fighting. Russian peacekeepers are deployed after a ceasefire agreement.
1993 - The leu is introduced to replace the rouble.
1994 - A new constitution proclaims Moldova's neutrality, grants special autonomy status to Trans-Dniester and the Gagauz region, and declares Moldovan to be the official language.
1996 - Petru Lucinschi elected president.
1997 - Negotiations resumed with Trans-Dniester. Agreement is signed granting further autonomy and calling for more talks.
1998 - Elections see communists emerging as biggest party, but a centrist, reform-minded coalition forms the government.
1999 - OSCE summit in Istanbul sets end of 2002 as deadline for withdrawal of Russian troops and ammunition from Trans-Dniester, despite opposition of authorities there.
2000 - Moldovan parliament fails to agree on a successor to President Lucinschi. Parliament is dissolved and early elections are called for February 2001.
2001 February - The elections see the communists under Vladimir Voronin win just over 50% of the vote. Voronin is elected president in April.
2001 April - Parliament dismisses the heads of state radio and TV in a move which critics say consolidates the Communists' hold on society.
2001 December - Trans-Dniester authorities halt withdrawal of Russian arms which had been proceeding in accordance with international agreements.
2002 January - Announcement of plans to make Russian an official language and compulsory in schools sparks months of mass protests which end only when the scheme is shelved.
2002 September - Trans-Dniester authorities agree to allow resumption of Russian withdrawal in exchange for a Russian promise to cut gas debts.
2002 December - OSCE extends deadline for withdrawal of Russian weapons from Trans-Dniester until end of 2003. The deadline is later extended into 2004. Russia says its troops will stay until a settlement is reached.
2003 November - President Voronin pulls out of signing Russian-proposed deal on Trans-Dniester settlement following protests by nationalists who say it gives too much influence to Russia.
2004 July - Dispute over closures of Moldovan-language schools in Trans-Dniester using Latin rather than Cyrillic script. Moldova imposes economic sanctions on region and pulls out of talks on its status.
2004 October - Defence Minister Gaiciuc dismissed in row over thefts from arms depots.
2005 March-April - Communist Party tops poll in parliamentary elections. Vladimir Voronin begins second term as president.
2005 June - Parliament backs a Ukrainian plan for Trans-Dniester region autonomy within Moldova, calls on Russia to withdraw troops by end of year.
2006 January - Russian gas giant Gazprom cuts off supplies when Moldova refuses to pay twice the previous price. A temporary compromise is reached as talks continue.
2006 March - Trans-Dniester leadership reacts angrily to new regulations requiring goods entering Ukraine from Dniester to have Moldovan customs stamp. Moldova says the rules, backed by the EU, US and OSCE, aim to stop smuggling.
Moldova protests against a Russian decision to temporarily suspend imports of Moldovan wine on health grounds, saying the move is politically motivated.
2006 July - Eight die and several dozen are injured as minibus explodes in Dniester.
2006 September - Trans-Dniester referendum VOTE overwhelmingly backs independence from Moldova and a plan eventually to become part of Russia.
2007 March - Government accuses Romania of undermining the country by easing Romanian citizenship application procedures for Moldovans. Romanian citizenship allows Moldovans to travel without visas within the EU. Government reverses decision to allow Romania to open two new consulates in Moldova.
2008 March - Prime Minister Vasile Tarlev resigns, saying the country needs a government with more public appeal. President Voronin nominates deputy prime minister Zinaida Greceanii, another Communist, as Moldova's first woman premier.
2008 April - President Vladimir Voronin and Dniester leader Igor Smirnov meet for the first time in seven years; agree on the need to restart peace talks which broke down in 2001.
2009 January - Russian-Ukrainian dispute over gas prices leaves Moldova without supplies for several weeks, and Moldovans in several towns without any heating.
2009 April - Ruling Communists declared winners of disputed election. Result triggers violent protests and political deadlock.
2009 May - Communist MPs elect outgoing President Voronin as parliament speaker.
2009 July - New parliamentary polls. Communists lose their majority.
2009 August - Mr Voronin resigns as speaker, and is succeeded by Liberal Party leader Mihai Ghimpu.
2009 September - Four pro-western parties form coalition government. Liberal Democratic Party leader Vlad Filat becomes prime minister. Mr Voronin resigns as president, and is succeeded by Mr Ghimpu on an acting basis.
2009 December - Opposition Communist MPs refuse to back the governing coalition's candidate for the presidency.
2010 March - Constitutional Court orders fresh parliamentary election to be held in bid to end deadlock over parliament's failure to elect president.
2010 September - Referendum to introduce direct election of president by people fails on account of low turnout. The referendum was proposed by the pro-Western liberal governing coalition in a bid to break Moldova's political impasse.
2010 November - Third parliamentary election in less than two years. The ruling pro-Western coalition wins, but again fails to secure enough seats to enable it to appoint a new president.
2010 December - Marian Lupu, a former rising star on the liberal wing of the Communist Party who switched to the Democratic Party in 2009, takes over as acting president.
2011 December - Anti-corruption campaigner Yevgeny Shevchuk defeats pro-Russian candidates in Trans-Dniester's presidential election. Pledges to establish "friendly relations" with Moldova while continuing to press for the independence of the separatist region.
The Moldovan parliament again fails to elect a president.
2012 March - Nicolae Timofti elected president, ending years of failure to agree.
2012 November - Moscow issues an ultimatum telling Moldova to withdraw from energy agreements with the EU or face losing discounts on gas supplies from Russia.
2013 January - Mysterious fatal wounding of businessman Sorin Paciu on a hunting trip sparks a political scandal and tension within the ruling coalition when anti-corruption campaigners accuse the prosecutor-general of involvement in Mr Paciu's death.
2013 February - Prime Minister Vlad Filat's Liberal Democratic Party says it is pulling out of the governing alliance in power since 2009 and calls for a new coalition deal.
2013 March - Prime Minister Vlad Filat's government resigns following a no-confidence vote in parliament.
2013 April - Iurie Leanca is appointed acting prime minister. He is formally designated as prime minister in May and forms a new government.
2013 September - Russia bans import of Moldovan wines and spirits, saying they contain impurities. The move is seen as being taken in retaliation for Moldova's moves to forge closer ties with the European Union.
2013 November - Moldova initials an Association Agreement with the EU, which says that the move paves the way to establishing a privileged trade relationship with the country. The agreement is due to be signed in September 2014.
2014 March - President Timofti warns Russia against trying to annex Moldova's breakaway Trans-Dniester region in the same way as it has taken control of Ukraine's Crimea.
2014 June - Moldova signs association agreement with the European Union, prompting Russia to impose import restrictions on the country's agricultural produce.
2014 November - Pro-EU parties retain their majority in parliamentary elections, although the strongly pro-Russian Socialists become the largest single party, eclipsing the Communists. National Bank uncovers official inaction over embezzlement of $1bn - about 12.5% of annual GDP - from the banking system, prompting a major political crisis and credit crunch.
2015 February - Parliament approves a minority pro-European government led by businessman Chiril Gaburici as prime minister, which falls in June over the banking scandal and questions about the prime minister's university degree.
2015 July - Valeriu Strelet is chosen as prime minister by a new pro-European majority coalition, only to be dismissed in October amid mass protests over the banking scandal.
2015 September - Former prime minister Vlad Filat is arrested on corruption charges, including the 2014 banking case.
2016 January - Pavel Filip of the pro-European-Union Democratic Party forms a new coalition. Pro-European and pro-Russian activists storm parliament to protest at his ties to controversial businessman and fellow Democratic Party luminary Vlad Plahotniuc.
2016 January - Thousands of anti-government protesters demonstrate in the capital Chisnau demanding early elections.
2016 March - Moldova's constitutional court rules that presidential elections will be decided by popular vote and not by parliament.
2016 April - Moldova sets its presidential election for 30 October, the first time a new head of state will be appointed by popular vote since 2001.
2016 November - Pro-Russian candidate Igor Dodon beats pro-European candidate Maia Sandu to win the presidential election.


A CCTV image of a man police want to question after two women were sexually assaulted at a leisure centre has been released.

The two women, one in her 20s and the other in her 40s, were assaulted at the Excel Leisure Centre, in Waterside Drive, Walton-on-Thames.
The attacks took place in April.
A police spokeswoman said: "If you are the man we would like to speak with, or if you can identify him, please contact police as a matter of urgency."


Scarlets coach Wayne Pivac admits his team face a "very tough" task to qualify for the knockout stages of the European Champions Cup.

The Welsh region were beaten 29-12 at home by Racing 92, their second defeat in this year's tournament.
It leaves them seven points behind Northampton and four behind Racing, who have played only one game in Pool 3.
"It makes it very tough [to qualify] and they'll have to be a lot of turnarounds," said Pivac.
"We came up against a big, heavy pack and it's shown us the standard we've got to aspire to.
"It keeps us grounded, I guess, to see we have a long way to go to get to that standard, and we know that and we've just got to keep working hard.
"We'll see how it goes over the next couple of weeks and we'll see how we go into the Glasgow game looking to get a win."
Scarlets face Glasgow in their next two pool matches, before a home tie against Saints and a trip to Paris.
Pivac's team are among the early season pace setters in the Pro12, lying third behind Connacht and Munster.
But they showed little of their domestic form as Racing pounced on turnovers and defensive slips to claim a bonus point before half-time.
Even after the visitors' flanker Bernard Le Roux was sent-off for a stamp early in the second half, Scarlets struggled to impose themselves on the French side.
After facing the classy Parisians, Scarlets take on Italian strugglers Zebre in the Pro 12 on Sunday, 29 November.
"We've got to re-focus on the Pro12 and improve against Zebre in a week's time," added Pivac.


Schoolchildren should be taught about the importance of breastfeeding, doctors say.

The Royal College of Paediatrics and Child Health says the UK has one of the lowest rates of the practice in Europe - with just a third of babies receiving breast milk at the age of six months.
They argue breastfeeding in public is still "often stigmatised".
The Royal College recommends the subject is covered in personal, social and health education (PSHE) classes.
It advises that mothers should be encouraged and supported to breastfeed exclusively for up to six months, with solid food introduced from six months, ideally alongside breastfeeding.
Professor Neena Modi, the Royal College's president, said too few babies were being breastfed and it was up to the government, families and schools to get the country out of a "blackspot".
Children needed to understand more about breastfeeding, she said.
The first stage was to expose very young children to mothers, aunties and family friends doing it so it became normal and natural, she said.
Then, schools should teach children about, for example, the evidence that breastfeeding was good for the health and why it could be difficult or easy, she added.
Both boys and girls should be in the lessons, as partners can do "an awful lot" to help by being supportive and involved, said Prof Modi.
Currently PSHE is not a statutory part of schools' curriculums, although that will be consulted on this autumn. Schools which do teach the subject largely decide what they wish to teach.
"When we asked groups of children and young people what they thought about breastfeeding, we were really surprised - and a little bit upset - to hear the word 'yucky' being used by them," Prof Modi said.
"Clearly the perception that we, as a society, are giving children, is not the perception we want them to be getting."
She added: "Regrettably the attitudes of a large part of society mean breastfeeding is not always encouraged; local support is patchy, advice is not always consistent and often overly dogmatic, support in the workplace not always conducive to continued breastfeeding.
"And perhaps, most worryingly, breastfeeding in public is still often stigmatised.  It is no wonder that for many mothers, there are too many barriers."
Anna Whitehouse, a parenting blogger on Mother Pukka, said she was not uncomfortable breastfeeding in public but could understand others who were.
"That's not their fault," she said. "We're not educated that it's a normal thing - it's not in biology classes.
"Suddenly it's just a thing that you do, and people are expected to just go, 'Oh, that's normal.'"
Natalie Penrose told BBC News it was "an amazing idea to introduce children at school to the idea of breastfeeding".
"I am still breastfeeding my 22-month-old daughter on demand and I would love to see this being the norm instead of something that is frowned upon. I can't imagine why more women aren't convinced to carry on."
However, Helen Holmes, a teacher and parent, said there was "little point" telling mothers why they should breastfeed.
"Health professionals need to understand that it's a small minority of women who actually choose to bottle feed and most switch to this because they haven't been given the best support.
"It can be very difficult - stop pretending it isn't and support mothers with the practicalities."
Fiona said she wasn't able to produce enough milk when her daughter was born.
"I tried breastfeeding - of course I did - but the sheer pushiness and abrupt manners of breastfeeding experts who visited me in the cubicle put me off asking for help.
Lorna Pedersen said women are already told they are "selfish, lazy or ignorant" if they are either unable to breastfeed, or make a different choice.
"To make vulnerable women feel like they are failing at the very start of their parenting journey is not only despicable and cruel it is completely unnecessary."
In a separate survey of 1,030 mothers of children under five, the most common reasons why mothers stopped breastfeeding were found to be:
Nearly three-quarters agreed with the statement that there was too much emphasis on telling women why they should breastfeed, and not enough on supporting them to do it.
For those still breastfeeding at six weeks, face-to-face help from a healthcare professional or a breastfeeding counsellor was considered the most effective intervention.
Justine Roberts, founder of Mumsnet which carried out the poll, said: "There's no sense in endlessly telling women that they must breastfeed, but letting them down when they have a baby in their arms.
"Breastfeeding is a skill, and most mothers need support when they hit a problem, especially given that they are often shattered, sore and sleep-deprived.
"The guilt, anger and sadness experienced by many mothers who switch from breastfeeding is palpable, and it's deeply unfair to leave so many feeling that they've failed."
Other recommendations from the Royal College's paper released at the start of World Breastfeeding Week include:
It also wants the government to reinstate the UK-wide Infant Feeding Survey, which was cancelled in 2015.
Only 34% of babies were receiving some breast milk at six months, compared with 49% in the US and 71% in Norway, according to medical journal The Lancet. At a year, this figure fell to 0.5%.
The Royal College points to Unicef research that concludes even moderate increases in breastfeeding could save the NHS up to Â£40m a year through fewer GP consultations and hospital admissions.


Money-saving plans to reorganise North Wales Police response units have raised concerns in Bangor and on the Lleyn peninsula.

The North Wales Police Authority wants to create "hubs" at Caernarfon, Llangefni, Dolgellau and Porthmadog.
Opponents of the plan are questioning the locations, which they claim could lead to a lack of 999 emergency cover.
A police authority spokesman said officers would be "forward deployed" to "hotspots" to respond to calls.
Nigel Pickavance, from the People of Bangor Community Group, said the university city should have more not fewer police officers.
He said he was "shocked to hear by chance" that under the plans the city would not have its own hub, but would be covered from Caernarfon, nine miles (14km) away, instead.
There had also been a "lack of publicity" which meant there was very little time for the public to get their responses in before this Thursday's deadline, he added.
"I think what they've done is a bit sly, as the details are on their website, but how many people go and read that," he said.
"This needs to be challenged, and I've set up a Facebook page to try and get as many people as possible to e-mail their views in," he added.
Mr Pickavance said he thought the locations of the new hubs had been chosen "geographically, not in terms of population, which would have been fairer".
Gwynedd council will discuss the issue on the Lleyn peninsula in a meeting of the council board on Tuesday.
A report before the board notes that councillors had expressed "doubts" that the police could reach any incident on the Lleyn peninsula within 30 minutes, especially during busy times. It said a hub at Pwllheli was needed.
Cuts could adversely affect policing, and there was a need to recognise the "different needs of urban and rural areas, especially where there are substantial changes in population at various times of the year".
Council chief executive Harry Thomas concluded that the police, as with all other public bodies, were  having to cope with fewer resources.
"We should all aim at these times to try to operate creatively to protect essential service, and as noted in the report there is concern in the light of the rural nature of the county," he said.
The police authority's chief executive, Tal Michael, said it was important to recognise that the response hub" location would only be where officers report for duty.
"Officers will be 'forward deployed' to hotspots so that they are ready and waiting to respond to calls," he said.
"An important element will be the change in shift patterns for neighbourhood officers, so that some of them are always available at peak times, and will be able to response to calls in their local area," he added.
Mr Michael added that the document "does not imply other police stations will close".
Some "cashable efficiencies" might be found by selling off some police estate and "changing how we deliver a service to some of our public", he said.
But there will be no details available until after a structural review is undertaken.
"If police stations do close in the future, then full consideration will have been given to providing a policing service in that area," he added.


A man has been charged with the murder of a carer who was found dead in London's Hyde Park.

Jairo Medina, 62, a professional carer from Chelsea, was found near Speakers' Corner on the morning of 12 August by a member of the public.
A post-mortem examination did not find a cause of death, but showed that he had been assaulted, police said.
Hani Khalaf, 21, of no fixed address, will appear before magistrates in Wimbledon on Saturday.


Dixons Carphone will offer to hire the 800 people who work in Phones 4U concessions at its Currys and PC World stores.

Phones 4U set up the shops-within-a-shop at Dixons-owned Currys and PC World before the merger between Dixons and Carphone Warehouse was announced.
The 160 concessions were due to end next year as Carphone Warehouse and Phones 4U were competitors.
The Phones 4U business went into administration on Monday.
The move put 5,596 jobs and more than 700 outlets at risk, and came after Vodafone, EE and O2 did not renew their contracts with the company.
Dixons Carphone said via Twitter that it had secured an agreement to offer jobs to Phones 4U employees who work in concessions in its stores.
Separately, mobile phone network operators Vodafone and EE are in discussions to buy parts of stricken retailer Phones 4U, sources say.
Phones 4U blamed its decline on EE's decision not to renew its contract. This followed a similar move from Vodafone earlier in September.
Accountancy firm PwC was appointed to see if any of the 560 stores and 160 concessions could be re-opened or sold.
As well as Vodafone and EE, overseas operators with an eye to entering the UK market have expressed an interest, a source told the BBC.
In an e-mailed statement, Vodafone said: "We can confirm that we have been approached by the administrators of the Phones4U business."
EE and PwC declined to comment.
The Financial Times first reported the network operators' discussions late on Tuesday.
John Caudwell, the founder of Phones 4U, has blamed the demise of his former company on the "ruthless actions" of "predatory" mobile phone networks.
Phones 4U said it had been a profitable business, with turnover of Â£1bn, underlying profits of Â£105m in 2013 and plenty of cash in the bank, but that without the contracts from the phone networks it no longer had a business.
This was an "unprecedented assassination", Mr Caudwell told the BBC's Today programme on Tuesday.
The mobile firms rejected his claims.
Mr Caudwell sold Phones 4U to Providence Equity and Doughty Hanson for Â£1.5bn in 2006.
The retailer, now owned by private equity firm BC Partners, has said established mobile contracts taken out through Phones 4U will not be affected, although phones ordered and not despatched - for example anyone ordering the new iPhone 6 over the weekend - would be.


Enough local authority places to resettle 20,000 Syrian refugees over the next four years have now been secured, the home secretary has said.

Amber Rudd said the UK was on track to deliver the promise made by former PM David Cameron to resettle 20,000 Syrian refugees by 2020.
A total of £10m has also been pledged for language tuition to help refugees integrate, the Home Office said.
So far about 2,800 Syrians have arrived in the UK, latest figures suggest.
The fighting between Syrian government forces, opposition rebel groups and so-called Islamic State militants has caused 4.5 million Syrians to flee their homes, according to the UN refugee agency.
"Securing the 20,000 pledges within 12 months is testament to the immense goodwill and generosity of the British people and the effort and determination of local authorities across the UK.
"We are on track and delivering our commitment to help the most vulnerable Syrians displaced by the conflict," Ms Rudd said.
The additional funding for English language training will mean all adults arriving through the scheme will receive an extra 12 hours a week of tuition, for up to six months, the Home Office said.
Under the government's Vulnerable Persons Relocation Scheme the government will pay £8,500 per refugee in the first year towards housing, healthcare and other costs - but this figure tapers down to £1,000 by the fifth year.
The charity Refugee Action has welcomed Ms Rudd's comments but the UK "must go further and faster", said its chief executive, Stephen Hale.
"The devastating war in Syria continues. The government should go beyond the commitment to resettle 20,000 Syrians made one year ago."
But he added: "Whether we bring one or 100,000 we've got to do the best for those people.
"We've got to integrate them to help them rebuild their lives. In our long experience of supporting refugees from many different countries the critical issue is their ability to speak English.
"If you can learn English you can speak to your neighbour, you can speak to your GP, you can get into the job market. There has been huge frustration from refugees from many countries that there is a shortage of English language classes. They all, whatever nationality they are, want to learn English."
A spokesman for the Local Government Association, which represents more than 300 councils in England and Wales, said the focus must now be on ensuring Syrian families are matched to the right placements.
"Councils will be helping to support some of the most vulnerable families fleeing Syria who will need ongoing support from health and social care services to cope with injuries, disabilities and to recover from the severe trauma they have experienced," he said.


A County Tyrone farmer has appeared in court charged with causing his father's death by dangerous driving.

Paul Alexander Brady, of Minterburn Road in Caledon, is accused of causing the death of Phelim Brady on the A4 road in Dungannon on 25 June 2014.
The 45-year-old is also charged with causing death by driving while disqualified and without insurance.
Another man, 51-year-old William Mark Murphy, is also charged with causing Mr Brady's death by dangerous driving.
Both Mr Murphy, of Prospect Road in Ballyward, County Down, and Paul Brady appeared at Dungannon Magistrates' Court on Wednesday.
The charges against them arose after a tractor driven by Paul Brady was in collision with a lorry driven by Mr Murphy, causing injuries that claimed the life of 69-year-old Phelim Brady.
The judge said he was satisfied there was sufficient evidence to return the case to Dungannon Crown Court for trial.
Both men chose to remain silent during the hearing.
The judge released both defendants on bail of Â£200 and ordered them to appear again on 18 February.


Irish Naval Service ship, LÉ Niamh, has rescued 124 people from a rubber boat in the Mediterranean sea, 58km north east of the Libyan capital of Tripoli.

The operation began on Thursday, when the LÉ Niamh arrived on the scene and deployed two rhibs (inflatable boats) to the vessel.
The rescued migrants on board received water, food and medical assistance where required.
This is the ship's 20th operation since its deployment to the Mediterranean.
LÉ Niamh is currently en route to another vessel 9km south of its current location where it is expected to begin a further operation.


Police in the UK say a "quantity of heroin" has been found on board a plane that flew to London from Pakistan.

No-one is under arrest following the discovery on Monday, but the aeroplane was impounded on arrival at Heathrow Airport so it could be searched for several hours.
The crew's passports were temporarily seized.
Pakistani reports say it was an aircraft of the national carrier, PIA, flying from the capital Islamabad.
They say the narcotic was distributed in bundles around different parts of the plane.
The plane has now made a delayed trip back to Pakistan with a new crew.
The UK's National Crime Agency says no arrests were made but enquiries were ongoing.


NHS staff will get higher pay and there will be no tuition fees for student nurses and midwives under a Labour government, the party is promising.

Labour said the policies would help address staffing shortages in England that had become a "threat to patients".
The promises mark the first of what are expected to be a series of policy announcements on the NHS by Labour.
But the Conservatives said Labour's nonsensical economic policies would put the health service at risk.
"A strong NHS needs a strong economy. Only Theresa May and the Conservatives offer the strong and stable leadership we need to secure our growing economy and with it, funding for the NHS and its dedicated staff," Health Minister Philip Dunne added.
Three specific guarantees have been set out by Labour. These are:
Shadow health secretary Jon Ashworth said NHS staff had been "ignored, insulted, undervalued, overworked and underpaid" by the Conservative government.
"Enough is enough. What is bad for NHS staff is bad for patients too. Short staffing means reduced services and a threat to patient safety.
"Labour's new guarantees for NHS staff will help keep services running at the standards which England's patients expect."
Last year, the Public Accounts Committee estimated the NHS in England was around 6% short of the frontline staff that it needed.
The report was published after ministers put a halt to a review of safe staffing levels that was being carried out by NHS advisory body, NICE.
Another body, NHS Improvement, has now started looking at the issue, but Labour said it would hand responsibility back to NICE and pass legislation to make recommendations binding.
The move on pay and bursaries has pleased the Royal College of Nursing.
The union has already announced it will be taking soundings from its members about strike action over the pay cap.
It says a combination of pay freezes and caps on pay rises since 2010 have, in effect, led to a 14% pay cut due to the rising cost of living.
It has also fought a vigorous campaign against the scrapping of bursaries and grants, which ministers have argued was needed to increase the number of training places that could be afforded.
RCN general secretary Janet Davies said: "A health service that works for patients must value its staff."
But she said the political parties should go further and promise to "increase investment" overall.
Keeping bursaries and not introducing tuition fees would cost Â£800m a year - a figure which would rise by Â£350m for every 1% rise in pay, according to Labour.
They party has said stopping the planned reductions in corporation tax would cover the cost of the policies.
But Lib Dem health spokesman Norman Lamb said that was not the answer to the funding pressures in the NHS.
"Time and again, Jeremy Corbyn has shown that he is incapable of making the kind of difficult calls that a prime minister must be prepared to take - especially when it comes to something as important as tackling the crisis in our vital NHS and care services."
The policies could also have implications on the rest of the UK. Health is a devolved issue, but pay caps have been imposed in other parts of the UK following England's decision.


An observatory is being built on the world's first designated Dark Sky Island.

Sark in the Channel Islands was named a Dark Sky Community by the International Dark Sky Association in 2011.
The Sark Astronomy Society (Sastros) has raised the money for the observatory, which is costing about Â£10,000.
Chairwoman Annie Dachinger said it would house the group's Â£1,500 telescope.
She said: "None of this could have happened without the support of Sark residents and the generosity of members of Sastros."
The group, which was set up when the island was awarded its Dark Sky status, now has more than 30 members.
The one-storey wooden structure will have a sliding pitched roof, broadband, two rooms - one for the telescope and a "warm room" - with the telescope mounted on the only concrete used in the building.
Ms Dachinger said the warm room would have a screen linked to the telescope allowing comfortable viewing on cold nights.
The site, a field in the middle of the island, has been cleared and foundations prepared for work to begin in July or August and due to be completed by the end of the summer.
The only other Dark Sky Island in the world is also in the British Isles - Coll in the Inner Hebrides, which was awarded its status in 2013.


The first round-the-world solar-powered flight, known as the Solar Impulse Two, is hoping to make the next and most difficult part of its journey.

The plane is powered completely by the sun and has been in Nanjing in China waiting to leave for a month.
So far on its epic round-the-world, Solar Impulse has only had to do short journeys of about 20 hours'.
The plane is now trying to fly non-stop from Nanjing in China to Hawaii in the Central Pacific.
The carbon-fibre aircraft has a huge wingspan of 72m - that's wider than a Boeing 747 jet - but it weighs about the same as a large car.
For a passenger airliner, the 8,000km journey would take around 10 hours.
But for this solar-powered, prop-driven, experimental aircraft - it could take 5-6 days and nights of non-stop flight.
Completing this journey will involve smashing several aviation records - not least the longest-duration journey for a single-seater plane.
The Swiss engineer Andre Borschberg, who will be at the controls, has lots of confidence in the technology, but he knows how tough the next mission will be.
"It's more in the end about myself; it's going to be an inner-voyage," he told the BBC.
"It's going to be a discovery about how I feel and how I sustain myself during these 5-6 days in the air."
Solar Impulse: The journey so far


Australia's Test opening batsman David Warner has been fined £3,700 for posting abusive comments to journalists on his Twitter account.

Warner, 26, has apologised after being found guilty of breaching Cricket Australia's code of behaviour.
He said: "In hindsight, clearly I let my frustrations get the better of me and posted some inappropriate tweets.
"I could have chosen my words better and I apologise for any offence that my language may have caused."
The posts, some containing obscene language, appeared after News Limited's Robert Craddock criticised the Indian Premier League (IPL) in an article which used a picture of Warner.
Warner, who is currently appearing in the IPL for Delhi Daredevils, pleaded guilty at a hearing on Wednesday of breaching the rule governing unbecoming behaviour.
Warner has made 19 Test appearances, averaging 39.46 with the bat. He has made three centuries and seven fifties.
In one-day internationals, Warner averages 30.37 from 37 innings with a strike rate of 81.15.
In 44 innings in Twenty20 internationals, he averages 28.71 at a strike rate of 139.26
Rule 6 states: "Players and officials must not at any time engage in behaviour unbecoming to a representative player or official that could (a) bring them or the game of cricket into disrepute or (b) be harmful to the interests of cricket. This rule applies at all times where the unbecoming behaviour involves the player being involved in public comment or comment to or in the media."
Warner added: "I'll continue to have honest conversations with all my followers and I will be mindful of the language I use in future."
Australian cricket's governing body said: "David Warner has been found guilty of breaching the CA Code of Behaviour .
"Warner, who pleaded guilty, received a $5,750 fine, the maximum financial penalty for a first offence under Rule 6 of CA's Code of Behaviour."
The other reporter mentioned in the tweets, Malcolm Conn, said on Monday he had no hard feelings.
The journalist added: "'I'm surprised this episode has become so big. In almost 30 years of covering international cricket I have had a significant number of pointed, and sometimes heated, discussions with players.
"This latest episode should remind competitors in all elite sports of the public standards expected when they hit the button and 140 characters explode around the globe.
"Say your piece as strongly as you like but consider there are many out there who do not appreciate bad language, particularly parents of children who idolise sports stars."
Warner was recently named in Australia's squad for the Ashes Test series, which begins at Trent Bridge on 10 July.
Averaging 39.46 with the bat, he has scored three centuries in 19 Tests.
Australia also turn to Warner as an occasional bowler - among the leg spinner's four Test victims are South Africa's Hashim Amla and West Indies' Darren Bravo.


Northampton Town have signed forward Luke Williams on loan from League One rivals Scunthorpe United for the rest of the season.

The 23-year-old former Middlesbrough trainee has scored seven goals in 44 matches for the Iron, but has started just one league match this campaign.
He missed three months of this term through injury.
Williams comes in following the season-ending injury to Sam Hoskins and Alex Revell's calf problem.
"I think he is a player who will fit perfectly into the style of play we are implementing," said manager Justin Edinburgh.
"He has some good experience of this level and above, he is a very gifted footballer with plenty of natural ability and he will be a good fit."
Find all the latest football transfers on our dedicated page or visit our Premier League tracker here.


A Northern Ireland school has made the world sit up and take notice by breaking a world record while raising thousands of pounds for charity.

Pupils and staff at Bangor Academy and Sixth Form College have set a new world record for the highest number of people doing sit-ups simultaneously.
Its head of physical education, Stuart Donald, said they had to surpass the previous record which stood at 503.
"We got 827 people. We smashed it - we annihilated it," he told the BBC.
"In the process we raised thousands for Sport Relief."
He described it as an "outstanding achievement for the school".
Mr Donald was the driving force behind the world record challenge, which took place in March, on the final day of term before Easter.
However, they had to wait until this week before the record was officially confirmed.
"It was quite a wait, because with Guinness World Records it's such a credible and reputable process that you have to provide so much evidence. You have to justify and prove your record," the head of PE said.
"I spent five weeks submitting and collating evidence - my colleagues actually said I'd be getting a world record for submitting so much paperwork.
"But it was fantastic.  It was all about giving our kids a unique and educational experience."
The record attempt was witnessed by independent counters, timekeepers as well as stewards from the police, Army, RAF and Royal Navy.
Several other departments from the school also got involved in helping to organise and promote the event, and a video of their efforts was published online.
This week, details of the school's accomplishment were published on the Guinness World Records website.
"It was really, really lovely way to end the term and it was a fantastic start to the term to have the record confirmed," Mr Donald said.
The PE teacher came up with the idea by taking inspiration from sporting stars who have achieved global success - such as sprinter Usain Bolt and other world record breakers.
He said his pupils would now also "be able to say they're number one".
"Our kids will get a copy of that certificate that says they broke the record.
"They'll be able to frame it, put it on their wall and whenever they are fathers, grandfathers, mothers, grandmothers, they can tell their kids 'that's from when I was number one'."


For about three weeks after the Commonwealth Games Kirsty Gilmour's mum was never far from tears, according to the women's singles silver medallist.

During a neighbourhood sports event, someone made a cake with her 2014 silver medal picture on it.
"My mum couldn't hold it together - it was hilarious," she says.
Luckily the 22-year-old seems able keep her own emotions in check.
My dad has always been quite sure that I have this weird focus
The cool-headed badminton player was just shy of 17 when she was a quarter finalist in the mixed-team event at the Commonwealth Games in Delhi.
The following year, diverting from the traditional chronological path, she took part in the Commonwealth Youth Games and won the women's singles bronze.
"I kind of worked backwards, which was weird," she says.
So what sends a girl from Bothwell in South Lanarkshire on a "backwards" trajectory to sports stardom?
Kirsty picked a badminton racquet up at the age of five. She grew up travelling to badminton halls throughout the country with her dad, Brian, who was a national junior coach.
Her mum, Susan, and sister Louise - who is four years her senior - also played. Her uncle, David Gilmour, represented Scotland in the sport.
"My sister was really good - she used to beat me consistently - but she couldn't play in front of crowds," she says.
"My dad has always been quite sure that I have this weird focus.
"Maybe it was just blind naiveté on my part!
"When I was starting to come through the circuit I'd go on against people who were European champions, but I wouldn't know who they were - to me they were just another person."
Kirsty says it came as a shock when she was invited to go to Delhi in 2010. She was still at school - a pupil at the Glasgow School of Sport at Bellahouston Academy.
She savoured every moment of the experience: "I had zero pressure at Delhi - the complete opposite to Glasgow!"
She faced an intense build up to Glasgow 2014, with the weight of expectation from being second seed.
Despite this, she delighted the home crowd with a podium finish.
After the Games, Kirsty tucked her silver medal away and continued with her training and studies - she now has a batchelor's degree in Creative Industries Practice from the University of West Scotland.
"I literally turned up five minutes before lectures and left five minutes after they had finished," she says.
"So I didn't get the full uni experience."
Kirsty is philosophical about the sacrifices she has made.
"I do miss football and I used to love skiing, I can't even risk rock climbing.
"It's stupid things, but if I cut my finger I could be out for two to three weeks.
"It's a shame. But I can go back to these things later in life.
"I've only got this body and this career right now - and I'll probably only have it until I'm 30 - so I've got to squeeze everything out of it that I can right now."
The Glasgow-based player's hard work is continuing to pay off. She's steadily rising in the world rankings (currently 16th), she's confident she will represent Great Britain at the Rio Olympics next year, and she can look forward to a 2017 World Championships on home turf.
Anything from kids to a 90-year-old could play badminton
Kirsty's success - hot on the heels of Oympian Susan Egelstaff's impressive badminton career - is helping to redefine Scotland's gentle community hall pursuit as a fast and furious high adrenalin sport.
She hopes to persuade more people to value it as a sport worth both watching and playing.
"I think badminton is a sport that's very under appreciated," she says.
"It's fast at a high performance level, but for beginners to pick up it's really good too."
"Anything from kids to a 90-year-old could play badminton."
It's also low cost - simply requiring a hall with a few lines to mark out a court.
She adds: "I've see church halls with badminton lines painted up the stage."
It's hard to imagine even a vertical game of badminton putting Kirsty off her stroke.
"I heard a good phrase once: pressure is a privilege," she says.
"If you're good then there's pressure and there are expectations.
"It's a hard place - but it's actually a nice place to be."
For Kirsty it's a matter of perspective: "My sister is a midwife - she brings new life into the world.
"I just hit a shuttlecock around for a living."


A riot stopped play in an Africa Cup of Nations qualifier on Sunday as fans threw missiles and police fired tear gas into the stands.

The unrest broke out when a goal was awarded to Guinea Bissau after 81 minutes, with Kenya's players arguing the ball had not crossed the line.
Play was halted for 30 minutes as Kenya fans threw missiles at the Guinea Bissau bench and the fourth official.
Kenya, who were beaten 1-0 in Nairobi, could face sanctions.
The result takes Guinea Bissau to the top of their qualifying group and leaves Kenya with little chance of qualifying for next year's tournament.
Elsewhere in Group E, Congo and Zambia drew 1-1 in an identical scoreline to their result in Ndola on Wednesday.
Jordan Massengo put Congo ahead in Brazzaville just after half-time, with Winston Kalengo equalising in the 72nd minute.
Guinea Bissau lead the group on seven points, one point ahead of both Congo and Zambia, with Kenya bottom, six points off the top.
In Sunday's first Nations Cup qualifier, Ghana lost their 100% record in Group H with a 0-0 draw in Mozambique.
The result in Maputo leaves the Black Stars on 10 points, four ahead of Mauritius, the surprise package in Group H. Mauritius could close that gap with a win over Rwanda in Kigali on Tuesday.
West Bromwich Albion's Stephane Sessegnon scored twice for Benin in Cotonou as the hosts beat South Sudan 4-1 to go top of Group C.
Mickael Pote and Jodel Dossou were also on target for Benin, with Atak Lual grabbing a consolation for the away side.
Mali could regain the lead in that group if they beat Equatorial Guinea in Malabo on Monday.
Comoros, who got their first win in a major qualifying competition when they beat Botswana at home on Thursday, were brought back down to earth with a 2-1 defeat in the return fixture.
Comoros looked like they might complete a double over their opponents when Mchangama Youssouf scored just before the break.
But second-half goals from Galabgwe Moyana and then Joel Mogorosi gave Botswana the win which puts them level on points with the top two, Uganda and Burkina Faso, who play each other in Kampala on Tuesday.
All group winners are guaranteed places at the 2017 tournament in Gabon, with the best two runners-up joining them.


Work to create a community sports facility named after football legend Johan Cruyff has got under way in Aberdeen.

Netherlands player Cruyff died aged 68 in March.
He made his name as a forward with Ajax and Barcelona, and was named European footballer of the year three times.
The work on the Â£250,000 Catherine Street Court all-weather project is expected to take about two-and-a-half months.
Aberdeen City Council joined forces with the Denis Law Legacy Trust and the Cruyff Foundation for the development.
The Cruyff Court Denis Law will also honour the Aberdeen-born football great. Law starred for Manchester United and Scotland. He was named European footballer of the year in 1964.
There are almost 200 Cruyff Courts in more than 15 countries around the world.


British qualifier Dan Evans produced the performance of his career to stun 11th seed Kei Nishikori on the opening day at the US Open.

The 23-year-old from Birmingham, ranked 179th, outplayed the Japanese star in a 6-4 6-4 6-2 victory at Flushing Meadows.
Evans, playing in his first Grand Slam main draw away from Wimbledon, will face Australian Bernard Tomic next.
And he will be optimistic of further progress as a superb run of form on North American hard courts rolls on.
The Briton, who by his own admission has had a poor attitude in the past, began converting his undoubted talent into results earlier this year, but victory over Nishikori is a major breakthrough.
"It's definitely a good one," said Evans. "That was pretty good out there to play so well and against someone so highly ranked.
"I felt pretty confident all through the week, and that was a good match. I wasn't worried."
Evans had too much variety for the Japanese player, with his sliced backhand and ability at the net helping him to what was in the end a relatively straightforward win.
After dropping serve early on, Evans fought his way back to level at 4-4 and broke once again with some fine volleying to grab the first set.
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Evans had gone into the match with 14 wins behind him since heading to North America, and the winning habit served him well as the prospect of a huge upset loomed large in the second set.
After swapping breaks at the start, Evans appeared nerveless when he held to love at 4-4, and then broke for the set thanks to a vicious backhand slice that caught out Nishikori at the net.
Nishikori, 23, threatened a comeback at the start of the third but Evans saw off three break points and then broke to love - a lead he would not relinquish.
With Court 13 now bursting at the seams as passers-by edged into the alleyways to get a look at the first big upset of the tournament, Evans broke for the sixth time to seal victory after one hour and 57 minutes.
"I have played so many matches it's sort of like every day is rolled into one at the minute," added Evans.
"Evans has twice had his funding withdrawn by the Lawn Tennis Association as frustration about his attitude and lack of commitment came to a head, but things look to be changing. 'Every saint has a past, and every sinner has a future,' is the Oscar Wilde quote tattooed to his arm."
Read the rest of Russell's column
"I didn't really know it was Monday today, either. It's just been going on. So it's been a good trip, and a few more days left yet."
Evans has looked remarkably unruffled throughout his four wins in New York, and said: "I knew I was a good player, but I just hadn't put it all together.
"I was pretty calm today.  It wasn't like that much of a big deal what was happening on the court.  I wasn't nervous serving it out.
"I just played another good match.  I've played some good matches for the last five weeks.
"I really want to go far in the tournament, win a few more matches like today, and I'm ready to play again."
It was the second win of the day for British players after 30th seed Laura Robson earlier beat Lourdes Dominguez Lino 7-5 6-0 on the nearby Court 13.


A man in his 70s has been arrested on suspicion of the murder of a schoolgirl more than 50 years ago.

The police investigation into the death of Elsie Frost, 14, in West Yorkshire in 1965 was re-opened last year after a series of reports on BBC Radio 4.
Police say a 78-year-old man was held in Berkshire. The BBC understands his name is Peter Pickering.
Elsie was stabbed to death in a tunnel beneath a railway line in Wakefield on 9 October 1965.
She had been on her way home from her school's sailing club, close to the River Calder and the Calder and Hebble Canal.
A large police operation followed. The area was searched for the murder weapon, which was never found and hundreds of people were interviewed but no-one was ever convicted of her murder.
As the 50th anniversary of her death approached, her older sister, Anne Cleave, contacted BBC Radio 4's PM programme, which started to look at what had happened.
As a result, police launched a new investigation. It has involved a team of 14 and thousands of pages of written evidence have been examined.
In a statement, West Yorkshire Police said: "Officers from West Yorkshire Police`s Homicide and Major Enquiry Team (HMET) arrested a 78-year-old man in the Berkshire area on Tuesday 27 September on suspicion of the murder of 14-year-old Elsie Frost.
"The man is now in custody at a police station within the Thames Valley force area and will be questioned by West Yorkshire officers".
It is only the second arrest since the killing. The first was in 1966 when a 33-year-old man was charged with her murder.  The case was thrown out in court after a judge instructed the jury to find him not guilty.
Reacting to the arrest, Elsie Frost's younger brother, Colin said: "As a family, we're very pleased. All we wanted was to be taken seriously.
"We were aware that mistakes were made in 1965 but we've been impressed with the commitment of West Yorkshire Police in the reinvestigation - the number of officers involved, the number of agencies involved.
"We wanted the re-investigation to be re-opened and that's what we've achieved."
Det Supt Nick Wallen, who is leading the investigation, said: "We have received significant numbers of calls and emails from members of the public offering new information, and have generated new lines of inquiry which officers have been progressing ever since."
He praised Elsie Frost's family for their perseverance and said they are being kept fully informed.


The owners of a Victorian workhouse are trying to get funding to repair part of the roof.

The former Llanfyllin Union Workhouse in Powys, known locally as Y Dolydd, opened in 1839 and could house up to 250 men, women and children.
Today, it is the only one of its kind in Wales which people can visit and accommodates tourists, hosts activities and has opened up a visitors' centre.
Its octagonal roof in the middle of the site needs £50,000 of repairs.
The Llanfyllin Dolydd Building Preservation Trust also eventually wants to restore the master's house to include a new entrance, lift and toilets at a cost of £100,000.


A "record number" of people received aid from UK food banks in the last year, a charity has said.

The Trussell Trust said three days' food was given out 1,084,604 times in the 2014-15 financial year, though it is not clear how many people got help because some visited more than once.
It is a rise of 19% on the previous 12 months - and Labour's Rachel Reeves called it a "shocking" increase.
The Conservatives said their economic plan was the best way to help families.
The Trussell Trust said more than a third of the aid given out by its 445 food banks across the UK went to children.
It describes itself as "a charity founded on Christian principles", and runs its network of food banks in partnership with churches and communities.
Care professionals such as doctors, health visitors, social workers, the Citizens Advice Bureau and the  police identify people in need and issue them with a food bank voucher.
The Trussell Trust's figures do not include food banks run by other charities and churches.
No-one knows the exact figure for food bank use in 2014-15.
What we know is the Trussell Trust says its food banks - which are not the only ones out there - gave 1,084,604 people three days' food.
But any occasion when a person received the food counted - so a person who came in twice would be counted twice, and so on. If a family got food, each member counted.
The trust says that "on average 49% of food bank users only needed one food bank voucher in a year", so that half of users should add up to more than half a million people.
How many times the others received the emergency food boxes is hard to tell, though the trust says only 15% "needed help more than three times in a year".
The point, the trust says, is that "significant numbers" of men, women and children are going hungry.
Reality Check: Food bank use in the UK
Problems with benefits was the main reason people visited food banks and there had been an increase in those on low incomes seeking help, the trust said.
Food bank managers reported dealing with people struggling with insecure work, low pay and high living costs.
Trussell Trust UK food bank director Adrian Curtis said the charity's facilities were increasingly hosting additional services including debt counselling and welfare advice.
"The Trussell Trust's latest figures highlight how vital it is that we all work to prevent and relieve hunger in the UK," he said.
"It's crucial that we listen to the experiences of people using food banks to truly understand the nature of the problems they face."
Carmel McConnell, chief executive of the Magic Breakfast charity, which delivers food to schools, said there had been an increase in the number of requests for urgent deliveries.
Oxfam head of UK poverty Rachael Orr said the figures were "extremely worrying".
Unite general secretary, Len McCluskey said the new figures revealed a "scandal of epic dimensions".
"Something has gone grotesquely wrong when so many people, in and out of work, have to turn to charity to feed their children," he said.
"One family failing to make ends meet each month is a family too many," a Conservative spokesman said.
"The best way to help families provide for themselves is cut taxes and to get more people into work and there are already two million more people in work since the election."
Labour's Ms Reeves said it showed the "Tory plan" was failing.
"David Cameron's failure to tackle low pay, the bedroom tax and delays in benefit payments have led to over a million people depending on emergency food aid," she said.
"Labour has a better plan to raise working families' living standards so fewer people depend on food banks to survive."
Green Party leader Natalie Bennett accused the other political parties of being "chained to their slogans about 'hard-working families'" while failing to tackle poverty.
In a speech at Sheffield Students' Union she said: "It is the duty of government to ensure that our economy provides decently paid jobs for all those looking for work.
"We believe that poverty is a result of political decisions - and that only a new kind of politics can overturn the race to the bottom on wages and benefits that we've seen for too long in this country."
Correction: The Trussell Trust has clarified that its earlier figure of more than a million people using food banks actually referred to the number of times food was given out.


Chelsea, Tottenham and Newcastle have been kept apart in the draw for the Europa League quarter-finals.

Chelsea, last year's Champions League winners, will meet Russian side Rubin Kazan, while Tottenham face Swiss club FC Basel after Friday's draw.
Both teams have home advantage in their first legs, while Newcastle travel to Portuguese giants Benfica in their tie.
Chelsea v Rubin Kazan
Tottenham Hotspur v FC Basel
Fenerbahce v Lazio
Benfica v Newcastle United
Fenerbahce also face Lazio, with all last-eight ties taking place on 4 April and 11 April.
Rubin say they want to play their return leg against the Blues in Kazan after they were forced to host last-16 opponents Levante in Moscow because of problems with the pitch in their home stadium.
Uefa will decide where the match against Chelsea will be played following a pitch inspection in Kazan next week.
The trio of Premier League clubs booked their places in the final eight in dramatic style on Thursday.
Newcastle left it late to beat 10-man Anzhi, with Papiss Cisse scoring the only goal of the tie in the 93rd minute to keep them in with a chance for a first major trophy in 44 years.
Chelsea were at risk of going out but beat Steaua 3-1 on the night, with Fernando Torres scoring the third and then missing a penalty. The Spaniard's strike secured a 3-2 aggregate victory.
Earlier, Spurs lost their second leg at the San Siro 4-1 after extra time but Emmanuel Adebayor's away goal was enough to send them through as they won the first leg 3-0.


A 29-year-old woman has appeared in court charged with the murder of Greenisland pensioner Eddie Girvan.

Margaret Henderson, whose address was given as Verner Street in Belfast, was remanded in custody.
Mr Girvan, 67, was found dead in his home on Station Road by police on Monday night. His hands were tied and he had a stab wound to his chest.
A defence barrister said the accused was an "extremely vulnerable lady" with "complex needs".
He told Belfast Magistrates Court that she was "fragile" and "susceptible to others" and would require immediate care in custody.
She replied "aye" when asked if she understood the charge.
Two men arrested in connection with Mr Girvan's murder were released unconditionally on Thursday.


A snap-shot of commuters who have seen Birmingham New Street's revamped concourse describe it as "really pretty" and "really wow", with one man saying it cannot be compared to the old station which was a "relic of the past".

21 September 2015 Last updated at 11:56 BST
The £750m refurbishment has seen a new concourse, large atrium which lets the light into the station for the first time in years and a new shopping centre, Grand Central, complex being built.
BBC Midlands Today Transport Correspondent Peter Plisner spoke to rail passengers.