Browse content similar to 21/08/2012. Check below for episodes and series from the same categories and more!
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George Osborne's deficit-cutting plan under more pressure after a | :00:09. | :00:15. | |
big jump in borrowing. The Government was �600 million in the | :00:15. | :00:20. | |
red in July, much more than expected. There is time for things | :00:20. | :00:23. | |
to improve, particularly if the economic recovery picks up pace | :00:23. | :00:27. | |
again. But as things stand, things are not looking good and the trend | :00:27. | :00:31. | |
could get worse. The Treasury has lost out on business taxes, and is | :00:32. | :00:36. | |
having to pay more in benefits. We will be asking what the | :00:36. | :00:40. | |
chancellor's options are now. Also tonight: Manchester police are | :00:40. | :00:43. | |
on the hunt for these two men after a teenage boy was raped in a | :00:43. | :00:51. | |
shopping centre. After it starring role at London | :00:51. | :00:55. | |
2012, plans to take the NHS global - top hospitals could open up | :00:55. | :00:59. | |
branches abroad. How a little-known Republican's | :00:59. | :01:04. | |
comments on rape have said the US election campaign on fire. That is | :01:04. | :01:09. | |
despite his apology. He used the wrong words in the wrong way, and | :01:09. | :01:13. | |
for that I apologise. There was medal success in Beijing. | :01:13. | :01:16. | |
Can Ellie Simmonds and Britain's Paralympians do even better in | :01:16. | :01:22. | |
London? In Sportsday on the BBC News | :01:22. | :01:25. | |
Channel, Scottish champions' the Celtic they con Helsingborg in | :01:25. | :01:30. | |
Sweden, chasing qualification for the group stages of the Champions | :01:30. | :01:40. | |
:01:40. | :01:49. | ||
Good evening. There is further pressure on the Chancellor George | :01:49. | :01:52. | |
Osborne tonight, after new figures show a surprise increase in | :01:52. | :01:56. | |
government borrowing this July. There was a deficit of �600 million | :01:56. | :02:00. | |
at a time of year when business taxes usually produce a surplus. | :02:00. | :02:04. | |
Critics, including Labour, say it is further evidence that the | :02:04. | :02:09. | |
government's economic policy is not working, but ministers say there | :02:09. | :02:16. | |
deficit-cutting plan is credible. The government's Perce is usually | :02:16. | :02:21. | |
bulging in July, with tax receipts flooding in, but this time | :02:21. | :02:24. | |
unexpectedly, �600 million was run up on the borrowing statement. | :02:24. | :02:29. | |
Ministers said it was disappointing, but there were special factors and | :02:29. | :02:32. | |
there will be no change in policy. There is a story behind these | :02:32. | :02:36. | |
figures, but the main son is that it is important to deal with our | :02:36. | :02:40. | |
debts and stick to the plan that has got Britain credibility | :02:40. | :02:44. | |
internationally. His Russian to oil and gas output hit tax payments by | :02:44. | :02:49. | |
North Sea producers, which was the reason for a slide in overall | :02:49. | :02:54. | |
corporation tax receipts, down more than 19% in the year to July. The | :02:54. | :02:57. | |
government said changes to the timing of the tax credit payouts | :02:57. | :03:01. | |
was one factor in a 6.2% increase in benefit spending over the same | :03:01. | :03:05. | |
period. But Labour said the Chancellor could not explain it | :03:05. | :03:09. | |
away. This was a major blow to his budget plans, hoping for a return | :03:10. | :03:14. | |
to growth and lower borrowing, he delivered neither. These are | :03:14. | :03:18. | |
serious figures, suggesting that the central goal of George Osborne | :03:18. | :03:22. | |
to reduce the deficit has not just not happened, it is going the wrong | :03:22. | :03:27. | |
way. He is adding to the deficit. His borrowing figures are going | :03:27. | :03:31. | |
higher. He has driven us back into recession. The government had a | :03:31. | :03:35. | |
temporary boost from the transfer of Royal Mail pension assets in | :03:35. | :03:39. | |
April, and that has put a gloss on the borrowing numbers. So what is | :03:40. | :03:44. | |
the underlying story? If you strip out special factors like the Royal | :03:44. | :03:47. | |
Mail Pension Scheme, it does not make happy reading for civil | :03:47. | :03:52. | |
servants and ministers inside the Treasury. Total government | :03:52. | :03:59. | |
borrowing between April and July came to �45 billion, higher than | :03:59. | :04:02. | |
the �36 billion borrowed over the same period last year. It may be | :04:02. | :04:06. | |
hard to hit the forecast of �120 billion for the full year from the | :04:06. | :04:12. | |
budget watchdog, the OBR. Last year's total of �125 billion was | :04:12. | :04:15. | |
slightly better than expected. The recession has dented tax revenues | :04:15. | :04:19. | |
and made life harder for the Treasury, so will things get better | :04:19. | :04:22. | |
for the Chancellor as he prepares for his next big financial | :04:22. | :04:27. | |
statement in the autumn? It is early days yet and we are only four | :04:27. | :04:31. | |
months into the financial year, so there is time for things to improve, | :04:31. | :04:34. | |
particularly if the economic recovery picks up pace. But as | :04:34. | :04:37. | |
things stand, things are not looking good and the trend could | :04:37. | :04:41. | |
get worse. In there is a bounce- back in growth, the tax receipts | :04:41. | :04:44. | |
should come flowing in again. If not, the Chancellor could be facing | :04:44. | :04:48. | |
even bigger numbers on his boring statement to pay the bills. | :04:48. | :04:52. | |
He Hugh Pym is with me now. Where does this leave the central | :04:53. | :04:58. | |
argument about cutting the deficit or going for growth? There are one- | :04:58. | :05:04. | |
off factors, and it has to be said that there are other tax receipts | :05:04. | :05:06. | |
other than corporation tax which have been going up. But the fact | :05:07. | :05:10. | |
that the government had to borrow for the first third of the | :05:10. | :05:13. | |
financial year, more than the same time last year, does give | :05:13. | :05:17. | |
ammunition to Labour, who are saying, how can it be right to | :05:17. | :05:20. | |
pursue a deficit reduction plan, curbing spending and so on, where | :05:20. | :05:25. | |
the outcome is a deeper recession? There has to be a change of course. | :05:25. | :05:29. | |
I do not detect any sign of that at the Treasury. One source said to me | :05:29. | :05:33. | |
that the left are demanding spending increases, and the right | :05:33. | :05:37. | |
want more radical spending cuts. They will stick to what they see as | :05:37. | :05:41. | |
a middle way. But the Chancellor could do with not many more months | :05:41. | :05:45. | |
like this on the back foot, certainly as the party conference | :05:45. | :05:49. | |
season approaches with the debate on where growth comes from about to | :05:49. | :05:52. | |
intensify. Police in Manchester have released | :05:52. | :05:55. | |
CCTV images have two men they're trying to track down in connection | :05:55. | :05:59. | |
with the rape of a 14-year-old boy in a city-centre department store. | :05:59. | :06:04. | |
The teenager was attacked in June. The police have gone public today | :06:04. | :06:13. | |
after waiting for the results of forensic tests. This is one of the | :06:13. | :06:15. | |
busiest shopping streets in Manchester City centre. On | :06:15. | :06:19. | |
Saturdays, it is packed full of young people. It was in a store | :06:19. | :06:23. | |
here one afternoon earlier this summer that a 14-year-old boy was | :06:23. | :06:28. | |
raped. These are the men that detectives want to question about | :06:28. | :06:33. | |
the sexual assault. Their pictures were captured on CCTV cameras. The | :06:33. | :06:37. | |
teenager had been approached by two men when he went to the toilets | :06:37. | :06:41. | |
inside the Arndale Centre. There, they threatened him, grabbed his | :06:42. | :06:45. | |
arms and forced him to accompany them across the road to the | :06:45. | :06:51. | |
Debenhams department store. Inside, in an upstairs toilet, he was raped. | :06:51. | :06:54. | |
The to stomach-turning, a 14-year- old being treated in that way in a | :06:54. | :07:01. | |
busy city centre. They should feel safe and be enjoying life. That ups | :07:01. | :07:04. | |
the ante in terms of finding these two males who were responsible and | :07:04. | :07:08. | |
bringing them to custody. attack happened on June 2nd, and | :07:08. | :07:12. | |
there has been criticism of the police for not releasing details of | :07:12. | :07:16. | |
the rape until now, two and a half months later. That is particularly | :07:16. | :07:19. | |
true because this is an area where you will find many children and | :07:19. | :07:24. | |
teenagers. But detectives say they have been working on this case | :07:24. | :07:27. | |
throughout that time and that they have been waiting for the results | :07:27. | :07:32. | |
of forensic tests. But detectives accept that they need the public's | :07:32. | :07:35. | |
help to find whoever raped the 14- year-old. The boy has been | :07:35. | :07:40. | |
receiving help, but is said to be absolutely devastated by what | :07:40. | :07:45. | |
happened. Top-performing NHS hospitals in | :07:45. | :07:47. | |
England are being encouraged to open private healthcare facilities | :07:47. | :07:52. | |
abroad. Ministers say the profits generated by these overseas clinics | :07:52. | :07:56. | |
will be fed back into the NHS here, but critics have said the move | :07:56. | :08:06. | |
:08:06. | :08:06. | ||
could erode the public service ethos on which the NHS was built. | :08:06. | :08:11. | |
The NHS leads the world in some medical research and treatment. At | :08:11. | :08:15. | |
the opening of the Olympics, it got star billing. Stardust the | :08:15. | :08:20. | |
Government hopes to sprinkle over hospital business plans, | :08:20. | :08:24. | |
encouraging some to market their expertise abroad. Moorfields Eye | :08:24. | :08:29. | |
Hospital set up a clinic in Dubai five years ago. The staff are local, | :08:29. | :08:34. | |
but trained by the NHS Trust. The start-up costs came out of money | :08:34. | :08:40. | |
earned from private patients in the UK. The profits from the clinic in | :08:40. | :08:43. | |
Dubai come back to the main Moorfields Eye Hospital. They will | :08:43. | :08:49. | |
go towards building a new NHS hospital in the UK. But not many | :08:49. | :08:54. | |
NHS trusts have the highly specialised skills and | :08:54. | :08:59. | |
international recognition needed to make money abroad. It is | :08:59. | :09:05. | |
competitive. You can't expect to walk into a foreign country, set up | :09:05. | :09:13. | |
shop for an start to make large profits instantly. More fields | :09:13. | :09:18. | |
wants to expand in Dubai. It is part of a tough global market, up | :09:18. | :09:23. | |
against big US companies. So how lucrative has it been so far? The | :09:24. | :09:29. | |
Dubai Kinnock made less than �0.3 million profit last year, a tiny | :09:29. | :09:35. | |
contribution to the NHS Trust's �150 million turnover. To reduce | :09:35. | :09:40. | |
risks, most NHS hospitals looking abroad will not set up business | :09:40. | :09:46. | |
alone. Commonly, you will see them joining partners who have | :09:46. | :09:50. | |
commercial expertise and money to contribute to the projects. | :09:50. | :09:55. | |
Specialised training, research, technology - they are all seen as | :09:55. | :10:00. | |
potential exports for the NHS. In England, hospitals will not be | :10:00. | :10:03. | |
allowed to earn more from private work. Some campaigners fear that | :10:03. | :10:09. | |
this could have a knock-on impact. There are a lot of hospitals in | :10:09. | :10:13. | |
real financial problems which will see this as a solution. As a result, | :10:13. | :10:18. | |
they will chase profits abroad at a cost to the patients at home. | :10:18. | :10:22. | |
only a few English hospitals like Great Ormond Street are world | :10:22. | :10:26. | |
famous. The last Labour government encouraged some to earn money | :10:26. | :10:30. | |
abroad to reinvest in the UK. Now the coalition wants to do the same. | :10:30. | :10:35. | |
But it is not likely to make much impact on the bigger financial | :10:35. | :10:41. | |
pressures facing the NHS. The pathologist who carried out the | :10:41. | :10:44. | |
first post-mortem examination on Ian Tomlinson, the newspaper seller | :10:44. | :10:48. | |
who died during the G20 protests in London three years ago, has been | :10:48. | :10:52. | |
declared unfit to practise. A medical tribunal found that Dr | :10:52. | :10:55. | |
Freddy Patel had been dishonest that had brought the profession | :10:55. | :10:59. | |
into disrepute. The owners of the South African | :10:59. | :11:03. | |
mine where police shot dead 34 striking workers last week has | :11:03. | :11:07. | |
withdrawn its threat to sack staff who do not return to work. Church | :11:07. | :11:10. | |
leaders have opened negotiations between the company and the unions | :11:10. | :11:14. | |
in an attempt end the bitter dispute over pay. A week of | :11:14. | :11:19. | |
national mourning has also been declared. | :11:19. | :11:22. | |
It is neck-and-neck in the race for the White House, but the American | :11:22. | :11:26. | |
politician who has been grabbing the headlines is a little-known | :11:26. | :11:29. | |
Republican running for a seat in the Senate. Todd Akin has faced | :11:29. | :11:33. | |
condemnation from all sides after saying women who are raped have | :11:33. | :11:38. | |
biological defences against getting pregnant. And the last half-hour, | :11:38. | :11:43. | |
the Republican presidential candidate Mitt Romney has called | :11:43. | :11:48. | |
for Mr Regan to stand aside. Our correspondent reports. | :11:48. | :11:53. | |
Governor Mitt Romney! The fanfare is building, he is running neck- | :11:53. | :11:56. | |
and-neck with the president. The last thing Mitt Romney needed was a | :11:56. | :12:00. | |
distraction like this, a little- known Republican Congressman | :12:00. | :12:04. | |
explaining his strict opposition to abortion, specifically when the | :12:04. | :12:08. | |
pregnancy is the result of rape. understand from doctors that that | :12:08. | :12:12. | |
is really rare. If it is a legitimate rape, the female body as | :12:12. | :12:20. | |
ways to shut that whole thing down. Firestorm. The reaction has been | :12:20. | :12:24. | |
fast and furious. Americans have long been divided on the rights and | :12:24. | :12:29. | |
wrongs of abortion, but today we found universal disdain for the | :12:29. | :12:33. | |
wave the Congressmen expressed his views. It was very insensitive and | :12:33. | :12:38. | |
arrogant. Clearly, he was not thinking about the women. He is a | :12:38. | :12:43. | |
moron. Once again, a race for the White House is being driven by the | :12:43. | :12:49. | |
motive, divisive issue of abortion. And a president who was under fire | :12:49. | :12:52. | |
up under the economy has sensed an opportunity to tie his opponent to | :12:52. | :12:56. | |
the controversial congressmen. tis a scary time to be a woman. | :12:56. | :13:02. | |
Mitt Romney is so out of touch. months, Obama ads like this have | :13:02. | :13:05. | |
painted Romany and the Republicans as anti-women on healthcare and | :13:06. | :13:09. | |
family planning. So when Congressman Todd Akin spoke out, | :13:09. | :13:14. | |
the president wasted no time. views expressed were offensive. | :13:14. | :13:18. | |
Wait is rape. And Mitt Romney quickly disowned his Republican | :13:18. | :13:24. | |
colleagues. He is comments about rape were deeply offensive. And I | :13:24. | :13:30. | |
cannot defend what he said all him. A like most American Conservatives, | :13:30. | :13:34. | |
Mitt Romney opposes abortion, but says it should be permitted in | :13:34. | :13:39. | |
cases of rape. And what of Todd Akin? He has apologised, but spent | :13:39. | :13:43. | |
a day resisting calls, including from Mitt Romney, to drop out of | :13:43. | :13:48. | |
his Senate race. The mistake I made was in the words I said, not in the | :13:48. | :13:53. | |
heart I hold. If we in Florida, they are setting the stage for next | :13:53. | :13:57. | |
week's Republican convention. candidate, it should be a crowning | :13:57. | :14:05. | |
Coming up on tonight's programme - are the days of the page-turner | :14:05. | :14:11. | |
numbered? We explore what the next chapter for the novel holds. | :14:11. | :14:14. | |
The mother of a four-year-old boy who disappeared after slipping off | :14:14. | :14:17. | |
a jetty in Somerset has been speaking of her desperate attempts | :14:17. | :14:21. | |
to save him. Dylan Cecil fell into the water at Burnham on Sea on | :14:21. | :14:26. | |
Sunday. Search and rescue teams have failed to find any trace of | :14:26. | :14:31. | |
him. Jon Brain reports. A portrait of a happy family, Dylan Cecil with | :14:32. | :14:36. | |
his parents, celebrating his 4th birthday. Today, a very different | :14:37. | :14:46. | |
picture. The little boy has gone and the pain is unbearable. At the | :14:46. | :14:51. | |
jetty where he fell into the sea, his mother relived the agonising | :14:51. | :14:56. | |
moment he disappeared on the water. He was literally not even one metre | :14:56. | :15:02. | |
away from me, and he was jumping and he slipped. I watched him fault | :15:02. | :15:12. | |
:15:12. | :15:15. | ||
in, I jumped in straight after him - what more could I do? I knew as | :15:15. | :15:21. | |
soon as I jumped in I wasn't getting him back. I could feel him | :15:21. | :15:26. | |
being pulled under. I don't know what my son went through, I really | :15:26. | :15:32. | |
don't. The official search operation was called off yesterday, | :15:32. | :15:36. | |
and despite the efforts of dozens of search and rescue workers, his | :15:37. | :15:42. | |
body has not been recovered. His parents are hoping people who live | :15:42. | :15:46. | |
in Burnham-on-Sea and those on holiday will continue to help. | :15:47. | :15:51. | |
don't want anybody to stop looking, I want everybody to keep their eyes | :15:51. | :15:56. | |
open. Even if they have an inkling they see something, phone the | :15:56. | :16:01. | |
police. I don't know. disappearance has deeply moved many | :16:01. | :16:06. | |
people who have been lining the seafront with tributes. His family | :16:06. | :16:16. | |
:16:16. | :16:43. | ||
say their kind nurses helping them The bodies of three soldiers killed | :16:43. | :16:46. | |
in action in Afghanistan in the last two weeks have been brought | :16:46. | :16:49. | |
back to Britain. Families, friends and members of the public paid | :16:49. | :16:52. | |
their respects in Carterton as the cortege passed by. The soldiers who | :16:52. | :16:54. | |
died were Guardsman Jamie Shadrake of the Reconnaissance Platoon, 1st | :16:54. | :16:56. | |
Battalion Grenadier Guards, Lieutenant Andrew Robert Chesterman | :16:56. | :16:59. | |
of 3rd Battalion The Rifles, and Lance Corporal Matthew Smith of the | :16:59. | :17:07. | |
Corps of Royal Engineers. Tributes have been paid to the | :17:07. | :17:13. | |
Ethiopian Prime Minister, Meles Zenawi, who has died. David Cameron | :17:13. | :17:17. | |
said he lifted millions out of poverty, but in recent years there | :17:17. | :17:23. | |
have been mounting concerns about his human rights record. | :17:23. | :17:30. | |
For many, he was the face of a new Africa. Meles Zenawi delivered | :17:30. | :17:36. | |
record growth in Ethiopia, shunning dependence on emergency aid. He | :17:36. | :17:46. | |
became the darling in the West. rebels began pushing in through the | :17:46. | :17:51. | |
suburbs... In 1991 when Meles Zenawi seized power, Ethiopia was | :17:51. | :17:56. | |
close to collapse. He and his rebel guerrillas swept into the capital | :17:56. | :18:01. | |
and suddenly the 36 year-old had the task of rebuilding a country | :18:01. | :18:06. | |
broken in civil war, vulnerable to famines. He promised a New | :18:06. | :18:12. | |
Democracy and into -- implemented a radical approach to tackling | :18:12. | :18:19. | |
poverty, favouring long-term development over emergency aid. | :18:19. | :18:25. | |
need long-term development but it is emergency aid that attracts the | :18:25. | :18:35. | |
:18:35. | :18:37. | ||
assistance of the international community. He was one of the most | :18:37. | :18:42. | |
well-known friends of the West in Africa, but domestically he was not | :18:42. | :18:49. | |
as appreciated. He was seen as an authoritarian leader. In 2005, when | :18:49. | :18:53. | |
his four yet another election, it was badly stained by the brutal | :18:53. | :18:59. | |
treatment of those who disputed his victory. Nearly 200 people died in | :18:59. | :19:03. | |
the government crackdown on demonstrations. Faced with his less | :19:03. | :19:07. | |
attractive aspects, Western leaders broadly chose to lock away because | :19:07. | :19:12. | |
the Ethiopian leader's oxide qualities still looked bigger than | :19:12. | :19:18. | |
the downside. In a deeply troubled region, the Horn of Africa, his | :19:18. | :19:23. | |
Ethiopia represented stability. He was a sworn enemy of the Islamists | :19:23. | :19:28. | |
of Somalia. Meles Zenawi sent troops into Somalia and cemented | :19:28. | :19:35. | |
his reputation as frontline fighter against Al-Shabaab. His wider | :19:35. | :19:37. | |
legacy is often Ethiopia transformed with educational | :19:37. | :19:42. | |
standards rising fast alongside a decade of record economic growth. | :19:42. | :19:46. | |
Tonight, as his body arrived home in Ethiopia from Belgium where he | :19:47. | :19:54. | |
died, there is great uncertainty - is Ethiopia at risk of weak | :19:54. | :19:57. | |
leadership precisely because Meles Zenawi was twenty-one years in | :19:57. | :20:02. | |
power? In just over a week the Paralympic | :20:02. | :20:12. | |
:20:12. | :20:17. | ||
Games will begin and hopes are high that Paralympians were -- will | :20:17. | :20:20. | |
surpass their medal haul from Beijing four years ago. Some of | :20:20. | :20:22. | |
Great Britain's swimmers have been putting in some last minute | :20:22. | :20:24. | |
training and our sports correspondent Andy Swiss has been | :20:24. | :20:27. | |
with them. It is a stage where sporting dreams are made, the | :20:27. | :20:34. | |
birthplace for global stars and four British heroes. Who will be | :20:34. | :20:43. | |
the face of this year's Paralympics? Four years ago it was | :20:43. | :20:50. | |
Ellie Simmonds. At just 13, a double gold medallist. Now at 17, | :20:50. | :20:54. | |
she is training in Manchester, hoping to turn home advantage into | :20:54. | :20:59. | |
yet more glory. The eye am looking forward to going out on the | :20:59. | :21:04. | |
poolside and hearing the massive crowd supporting us. It is a bit | :21:04. | :21:08. | |
scary knowing that these people are watching as well, but I think it | :21:08. | :21:13. | |
will be a good thing. The pressure on Britain's Paralympians has never | :21:13. | :21:20. | |
been greater - in Beijing they won 102 medals, but in London they are | :21:20. | :21:26. | |
expecting even more. Their target is to go at least one better, 103 | :21:26. | :21:33. | |
medals with the swimmers expected to deliver a minimum of 40. The | :21:33. | :21:38. | |
athletics team have a target of 17 medals, with the cyclists expecting | :21:38. | :21:44. | |
15. It is an ambitious goal. It is a tough target but we have been | :21:44. | :21:51. | |
second in the medals table in the last Olympic Games. We don't want | :21:51. | :21:57. | |
to be complacent. 10 sport including the visually-impaired | :21:57. | :22:03. | |
footballers are to training camp in Bath. Nearly �150 million has been | :22:03. | :22:08. | |
spent on the team's perforations. Karen Butler has never had a better | :22:08. | :22:18. | |
:22:18. | :22:22. | ||
shot at gold. In the previous Olympic -- Paralympics,... The | :22:22. | :22:28. | |
funding will make a big difference. This is the target. It is up to | :22:28. | :22:35. | |
British Paralympians to consume more golden moments. | :22:35. | :22:42. | |
-- to conjure more golden moments. Earlier this month Fifty Shades Of | :22:42. | :22:45. | |
Grey became the best-selling book in British history. Its publishers | :22:45. | :22:48. | |
claim the erotic novel has sold over five million copies - that's | :22:48. | :22:51. | |
even more than the Highway Code. Although it might seem that sales | :22:51. | :22:53. | |
are thriving, writers have gathered at the Edinburgh International Book | :22:53. | :22:56. | |
Festival to discuss their concerns about the future of the novel. Our | :22:56. | :23:00. | |
Arts Editor Will Gompertz reports. Books everywhere, and plenty of | :23:00. | :23:09. | |
time to think. The traditional reading experience. And then there | :23:09. | :23:16. | |
is this more contemporary approach. The warhorse being turned into an | :23:16. | :23:20. | |
interactive immersing journey where the written word is just one | :23:20. | :23:26. | |
element of the storytelling. This sort of technological and | :23:26. | :23:30. | |
banishment is proving popular, but does it mark the end of the novel | :23:30. | :23:34. | |
as we have known it? Writers from around the world have gathered at | :23:34. | :23:38. | |
the Edinburgh International Festival to discuss the future of | :23:38. | :23:43. | |
the novel, to debate whether the book has grown stale and is | :23:43. | :23:49. | |
therefore no longer the best way to tell stories. The Booker prize- | :23:49. | :23:57. | |
winning novelist was among the delegates, and he is optimistic | :23:57. | :24:04. | |
about his craft. It will bend and shape itself to whatever form there | :24:04. | :24:07. | |
is that accommodates its extensiveness. There will be a | :24:07. | :24:13. | |
lingering love, an abiding marriage with the book. It has, in its own | :24:13. | :24:19. | |
way, become deeply ingrained in the human psyche. The sales of novels | :24:19. | :24:25. | |
have been increasing over the last decade. The drop in 2011 was | :24:25. | :24:35. | |
contributed largely to unpublished electric box. Except for best- | :24:35. | :24:39. | |
selling authors, it is becoming increasingly difficult as retailers | :24:39. | :24:45. | |
take fewer risks. Then there is the issue of Reader's becoming for this, | :24:45. | :24:49. | |
most dramatically illustrated by the extraordinary success of Fifty | :24:49. | :24:57. | |
Shades Of Grey. What happens when the reader becomes a writer is that | :24:57. | :25:02. | |
you end up with an industry based on what sounds like already. We are | :25:02. | :25:06. | |
not generating any new content and that is what we needed novelists to | :25:06. | :25:10. | |
do in the first place. The air was general agreement here that the | :25:10. | :25:17. | |
novel does have a future but nobody knew what it would be and who would | :25:17. | :25:21. | |
be part of it. I guess that is another story. | :25:21. | :25:24. | |
That's it from us. Newsnight's getting underway on BBC Two with an | :25:24. | :25:27. |