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Thousands of people have been evacuated from the English town of Whaley Bridge in Derbyshire, after part of a reservoir wall collapsed in floods. Subscribe to our channel here: https://goo.gl/31Q53F The Toddbrook Reservoir is run by the Canal and River Trust. It's chief executive Richard Parry said it was still unclear what had happened but that it wasn't down to a shortage of funds. “We aren’t short of money to spend on reservoirs," he tells Emma Barnett. He says there was an inspection in November which “didn’t reveal any sign of weakness”. Shadow flood minister Luke Pollard also joins Emma in studio. Newsnight is the BBC's flagship news and current affairs TV programme - with analysis, debate, exclusives, and robust interviews. Website: https://www.bbc.co.uk/newsnight Twitter: / bbcnewsnight Facebook: / bbcnewsnight