Browse content similar to 08/03/2017. Check below for episodes and series from the same categories and more!
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So | 0:00:01 | 0:00:01 | |
So that's | 0:00:01 | 0:00:01 | |
So that's Newsnight | 0:00:01 | 0:00:01 | |
So that's Newsnight with | 0:00:01 | 0:00:01 | |
Welcome to Wales Today. Our headlines tonight: | 0:00:05 | 0:00:07 | |
Businesses here tell us what they make of the budget. | 0:00:07 | 0:00:11 | |
There's an extra ?200 million for Wales. | 0:00:11 | 0:00:14 | |
And the abandoned slate quarries in Snowdonia being turned | 0:00:14 | 0:00:17 | |
into a pump storage power station. | 0:00:17 | 0:00:20 | |
Good evening. | 0:00:35 | 0:00:36 | |
In his first budget, the Chancellor said investing | 0:00:36 | 0:00:39 | |
in training and big projects will improve living standards | 0:00:39 | 0:00:42 | |
but he's been criticised for not backing specific projects for Wales, | 0:00:42 | 0:00:46 | |
like a city deal for Swansea Bay. | 0:00:46 | 0:00:49 | |
But Philip Hammond has given the Welsh Government an extra | 0:00:49 | 0:00:52 | |
?200 million to spend over the next four years. | 0:00:52 | 0:00:55 | |
Here's our economics correspondent Sarah Dickins. | 0:00:55 | 0:01:01 | |
In Resolven, the products they design and make enable other | 0:01:01 | 0:01:04 | |
companies to become more efficient, more productive. | 0:01:04 | 0:01:07 | |
This is what the Chancellor is wanting of the UK economy, | 0:01:07 | 0:01:10 | |
to be leaner, perform better. | 0:01:10 | 0:01:12 | |
The only sustainable way to raise living standards is to improve our | 0:01:12 | 0:01:16 | |
productivity growth. | 0:01:16 | 0:01:18 | |
Simply put, higher productivity means higher pay. | 0:01:18 | 0:01:22 | |
Investment in training and investment in infrastructure | 0:01:22 | 0:01:25 | |
will start to close this gap. | 0:01:25 | 0:01:28 | |
The latest official figures show that in the UK the amount we produce | 0:01:28 | 0:01:32 | |
each hour is 30% less than workers in the States. | 0:01:32 | 0:01:36 | |
And 35% less than workers in Germany. | 0:01:36 | 0:01:39 | |
So productivity in the UK is underperforming. | 0:01:39 | 0:01:43 | |
That might be because we're not a skilled or our machinery is less | 0:01:43 | 0:01:46 | |
efficient, but the bad news for Wales is that when we go | 0:01:46 | 0:01:50 | |
to work, we produce even less than other parts of the UK. | 0:01:50 | 0:01:54 | |
29% lower than the UK average. | 0:01:54 | 0:01:57 | |
Businesses in the Swansea Bay area had hoped that the Chancellor | 0:01:57 | 0:02:00 | |
would give the go-ahead for a city deal for the region, | 0:02:00 | 0:02:03 | |
promising greater investment. | 0:02:03 | 0:02:05 | |
That didn't happen today. | 0:02:05 | 0:02:07 | |
We were very disappointed that after hopes were raised last week | 0:02:07 | 0:02:10 | |
in relation to the Swansea Bay city region deal, there wasn't a single | 0:02:10 | 0:02:14 | |
announcement in the budget today about moving that project forward. | 0:02:14 | 0:02:17 | |
That's a project that could be transformational for the economy | 0:02:17 | 0:02:20 | |
of the west of Wales. | 0:02:20 | 0:02:21 | |
While we wait to see if that does get the thumbs up, | 0:02:21 | 0:02:24 | |
how does Wales catch up? | 0:02:24 | 0:02:26 | |
This is a company that always has to be ahead | 0:02:26 | 0:02:28 | |
of the game to win business. | 0:02:28 | 0:02:31 | |
It's done that by continually improving the way it does things | 0:02:31 | 0:02:33 | |
and growing its people skills. | 0:02:33 | 0:02:35 | |
In an attempt to increase productivity across the UK, | 0:02:35 | 0:02:39 | |
the Chancellor is investing in skills training and particularly | 0:02:39 | 0:02:42 | |
in new vocational exams. | 0:02:42 | 0:02:44 | |
That's for England. | 0:02:44 | 0:02:45 | |
It's too early to know if the Welsh Government will follow. | 0:02:45 | 0:02:49 | |
Anything that's happening and developing on the training front | 0:02:49 | 0:02:52 | |
has to be commended and encouraged. | 0:02:52 | 0:02:55 | |
We're still catching up in the UK from a legacy of perhaps even | 0:02:55 | 0:03:00 | |
decades of lack of investment in developing people to come | 0:03:00 | 0:03:03 | |
into engineering and manufacturing. | 0:03:03 | 0:03:05 | |
There's no doubt the wheel has turned with that. | 0:03:05 | 0:03:08 | |
These engineers are employees and therefore there is no change | 0:03:08 | 0:03:11 | |
today in what they will pay in National Insurance and income tax | 0:03:11 | 0:03:15 | |
but for nearly 200,000 people in Wales who are self-employed, | 0:03:15 | 0:03:19 | |
they'll see what they pay in National Insurance rise by 1% | 0:03:19 | 0:03:23 | |
in the pound from April next year. | 0:03:23 | 0:03:25 | |
In effect, a tax increase. | 0:03:25 | 0:03:28 | |
Young, low income self-employed people, which there are a lot of, | 0:03:28 | 0:03:31 | |
because it's the only way they can get work, by being self-employed. | 0:03:31 | 0:03:35 | |
Window cleaners, people who clean your drives, you know, | 0:03:35 | 0:03:39 | |
there's lots of small self-employed people only earning just | 0:03:39 | 0:03:45 | |
above the minimum wage. | 0:03:45 | 0:03:47 | |
The previous Chancellor launched the Northern Powerhouse | 0:03:47 | 0:03:50 | |
and Philip Hammond gave the go-ahead to a Midlands Engine strategy. | 0:03:50 | 0:03:54 | |
Although there was no announcement for a city deal for Swansea today, | 0:03:54 | 0:03:57 | |
the UK Government says it is committed to signing it | 0:03:57 | 0:04:00 | |
as soon as possible. | 0:04:00 | 0:04:02 | |
That could help to close the gap between Wales | 0:04:02 | 0:04:04 | |
and the rest of the UK. | 0:04:04 | 0:04:07 | |
As predicted, the Chancellor announced a ?2 billion investment | 0:04:07 | 0:04:10 | |
for social care in England to help deal with the pressure | 0:04:10 | 0:04:14 | |
of an ageing population. | 0:04:14 | 0:04:15 | |
The Welsh Government will get funding as a result but it can spend | 0:04:15 | 0:04:19 | |
that money on what it likes. | 0:04:19 | 0:04:21 | |
After calls for it to fund social care here too, | 0:04:21 | 0:04:24 | |
the Finance Secretary wouldn't commit, but told us it's something | 0:04:24 | 0:04:28 | |
the Cabinet will consider. | 0:04:28 | 0:04:30 | |
Pressures on social care are real and we have tried to recognise them | 0:04:30 | 0:04:34 | |
already but we as a Cabinet will look at all the different | 0:04:34 | 0:04:37 | |
priorities that we have in Wales, in education, health, | 0:04:37 | 0:04:41 | |
local government, and then we will try and use the modest | 0:04:41 | 0:04:44 | |
amount of money we've had today to the best effect to meet | 0:04:44 | 0:04:48 | |
the needs of Wales. | 0:04:48 | 0:04:49 | |
Barclays has confirmed it's closing its mortgage centre | 0:04:49 | 0:04:53 | |
in Cardiff next year with the loss of 180 jobs. | 0:04:53 | 0:04:56 | |
144 of the posts are being moved to Liverpool and Leeds. | 0:04:56 | 0:04:59 | |
Staff at the centre have been given the option of redundancy | 0:04:59 | 0:05:03 | |
or applying for relocation. | 0:05:03 | 0:05:05 | |
The move is part of a major restructuring | 0:05:05 | 0:05:07 | |
at the bank to cut costs. | 0:05:07 | 0:05:10 | |
Major decisions are being taken in Wales that are not | 0:05:10 | 0:05:13 | |
reflective of its diversity, according to the Equality | 0:05:13 | 0:05:16 | |
and Human Rights Commission. | 0:05:16 | 0:05:17 | |
It found disabled people made up only 3.7% of public | 0:05:17 | 0:05:21 | |
appointments last year, and only 6% of chief | 0:05:21 | 0:05:24 | |
executives in the top 100 businesses are women. | 0:05:24 | 0:05:29 | |
Hundreds of women from Wales joined a protest in London against changes | 0:05:29 | 0:05:33 | |
to the state pension scheme, which raises the retirement | 0:05:33 | 0:05:36 | |
age for them to 65. | 0:05:36 | 0:05:38 | |
The Department for Work and Pensions says the decision | 0:05:38 | 0:05:41 | |
achieves a long-overdue move towards gender equality. | 0:05:41 | 0:05:46 | |
The first pump storage power station to be built in the UK for more | 0:05:46 | 0:05:50 | |
than 30 years is to be constructed in former slate quarries | 0:05:50 | 0:05:53 | |
at Glyn Rhonwy near Llanberis. | 0:05:53 | 0:05:56 | |
The developers say it will help the UK meet carbon reduction targets | 0:05:56 | 0:06:00 | |
but there is some local opposition. | 0:06:00 | 0:06:02 | |
Roger Pinney reports. | 0:06:02 | 0:06:05 | |
Above Llanberis, the Glyn Rhonwy quarry system, abandoned for years | 0:06:05 | 0:06:09 | |
but now set to come to life again. | 0:06:09 | 0:06:12 | |
Two quarries will be turned into reservoirs which will each hold | 0:06:12 | 0:06:15 | |
a million cubic metres of water. | 0:06:15 | 0:06:18 | |
They will be linked by a tunnel. | 0:06:18 | 0:06:20 | |
Pump storage power stations work by using cheap electricity | 0:06:20 | 0:06:23 | |
when demand is low, at night for example, to pump water | 0:06:23 | 0:06:27 | |
from the bottom to the top. | 0:06:27 | 0:06:29 | |
It's then held there until demand rises, the price goes up, | 0:06:29 | 0:06:33 | |
they released the water, generating electricity, | 0:06:33 | 0:06:36 | |
which is then sold to the Grid at a profit. | 0:06:36 | 0:06:39 | |
The technology isn't new to Wales. | 0:06:39 | 0:06:41 | |
Across the valley the much bigger Dinorwig Power Station has been | 0:06:41 | 0:06:45 | |
generating power this way since 1984. | 0:06:45 | 0:06:48 | |
Pump storage systems balance supply. | 0:06:48 | 0:06:51 | |
They can give the Grid a quick boost when it needs it. | 0:06:51 | 0:06:54 | |
This scheme has its critics. | 0:06:54 | 0:06:56 | |
Opponents took concerns chemical pollutions from the old quarries | 0:06:56 | 0:07:00 | |
would reach nearby Llyn Padarn to Natural Resource Wales. | 0:07:00 | 0:07:05 | |
We just hope by bringing what we have to their attention | 0:07:05 | 0:07:09 | |
that they will be extra careful with the environment and that NRW | 0:07:09 | 0:07:14 | |
will take a very close look on what they are up to. | 0:07:14 | 0:07:17 | |
It's estimated the new power station will cost around ?160 million. | 0:07:17 | 0:07:22 | |
Work on it is expected to start next year. | 0:07:22 | 0:07:26 | |
Rugby, and the Wales coach says it's a chance to redeem themselves. | 0:07:26 | 0:07:29 | |
Rob Howley is sticking with the same side that lost to Scotland | 0:07:29 | 0:07:33 | |
for Friday's Six Nations game against Ireland. | 0:07:33 | 0:07:35 | |
Howley has resisted calls to bring in fresh faces | 0:07:35 | 0:07:38 | |
after only one win in three. | 0:07:38 | 0:07:40 | |
Ireland are also unchanged. | 0:07:40 | 0:07:41 | |
Unlike Wales, they can win the title. | 0:07:41 | 0:07:45 | |
We've got, I suppose, the opportunity to go out at home | 0:07:45 | 0:07:51 | |
in front of our home supporters and deliver a performance which, | 0:07:51 | 0:07:55 | |
first and foremost, the players are proud of and, equally as | 0:07:55 | 0:07:59 | |
important, for the supporters to support that. | 0:07:59 | 0:08:02 | |
It's going to be a huge game on Friday night. | 0:08:02 | 0:08:06 | |
Let's see what the weather has in store. | 0:08:06 | 0:08:08 | |
Behnaz has tonight's forecast. | 0:08:08 | 0:08:10 | |
We had a bit of a north-south split today. | 0:08:10 | 0:08:13 | |
North Wales enjoying the best of the sunshine. | 0:08:13 | 0:08:15 | |
Tomorrow most of us should see some sunshine | 0:08:15 | 0:08:18 | |
and it is a largely dry story as well. | 0:08:18 | 0:08:20 | |
Tonight, a little bit of patchy rain. | 0:08:20 | 0:08:22 | |
That will clear. | 0:08:22 | 0:08:23 | |
Overnight it's dry with variable amounts of cloud | 0:08:23 | 0:08:26 | |
and also some clear skies. | 0:08:26 | 0:08:28 | |
Overnight lows getting down to six Celsius. | 0:08:28 | 0:08:30 | |
It should be a frost free night for most of us. | 0:08:30 | 0:08:32 | |
Tomorrow we have a weather front in the south, also high pressure | 0:08:32 | 0:08:35 | |
building from the south. | 0:08:35 | 0:08:37 | |
A lot of dry weather to look forward to but rain will reach us | 0:08:37 | 0:08:40 | |
as we head into Thursday night. | 0:08:40 | 0:08:43 | |
First thing tomorrow morning, a little bit of cloud. | 0:08:43 | 0:08:46 | |
Some brightness as the day goes on. | 0:08:46 | 0:08:48 | |
A breezy start but the wind will ease as we head into the afternoon. | 0:08:48 | 0:08:52 | |
For the rest of the British Isles, we have this weather front bringing | 0:08:52 | 0:08:55 | |
rain to the south-west, a few showers for Scotland, | 0:08:55 | 0:08:59 | |
in between a lot of dry and bright weather to look forward to. | 0:08:59 | 0:09:02 | |
Temperatures ranging between nine and 15 Celsius. | 0:09:02 | 0:09:05 | |
In Wales tomorrow afternoon, a lot of dry weather | 0:09:05 | 0:09:09 | |
but we will start to see the cloud increasing from the south and west. | 0:09:09 | 0:09:12 | |
Temperatures getting up to 14 Celsius and much lighter winds | 0:09:12 | 0:09:15 | |
before the end of the day. | 0:09:15 | 0:09:17 | |
Tomorrow night, a cloudy night to come. | 0:09:17 | 0:09:20 | |
We will see some patchy rain making its way in from the west. | 0:09:20 | 0:09:23 | |
But another frost free night with temperatures getting | 0:09:23 | 0:09:26 | |
down to five Celsius. | 0:09:26 | 0:09:28 | |
Some mist and fog reforming. | 0:09:28 | 0:09:30 | |
On Friday, patchy rain, a little bit of dry weather in between. | 0:09:30 | 0:09:34 | |
Temperatures getting up to 12 Celsius. | 0:09:34 | 0:09:37 | |
The weekend is looking pretty unsettled. | 0:09:37 | 0:09:40 | |
Saturday will start off on a wet note, becoming drier | 0:09:40 | 0:09:43 | |
for a time, some sunshine. | 0:09:43 | 0:09:45 | |
Temperatures getting up to 13 Celsius. | 0:09:45 | 0:09:48 | |
Sunday we have some heavy showers to deal with. | 0:09:48 | 0:09:52 | |
That's Wales Today. | 0:09:52 | 0:09:53 | |
Thank you for watching. | 0:09:53 | 0:09:54 | |
From all of us on the programme, goodnight. | 0:09:54 | 0:09:57 |