Browse content similar to 08/12/2011. Check below for episodes and series from the same categories and more!
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Tonight at Ten: The talking has started at the most important EU | :00:12. | :00:17. | |
summit for many years. Their mission is to save the eurozone, | :00:17. | :00:21. | |
under intense pressure because of the dealt crisis, but David Cameron | :00:21. | :00:26. | |
arrives with concerns of his own. We need to get that stability in | :00:26. | :00:28. | |
the eurozone which is good for European countries, good for | :00:28. | :00:33. | |
Britain as well, and to protect Britain's interests. Those are the | :00:33. | :00:35. | |
aims, that is what we are discussing. | :00:35. | :00:38. | |
European leaders are urged to be constructive. | :00:38. | :00:43. | |
What I expect from all heads of the government is that they don't come | :00:43. | :00:46. | |
saying what they cannot do, about but what they will do for Europe. | :00:46. | :00:50. | |
All of the world is watching us. We have the latest from Brussels, | :00:51. | :00:54. | |
where the talking is expected to last into the early hours. Also | :00:54. | :00:59. | |
tonight: A red alert from the Met Office as | :00:59. | :01:04. | |
gale-force winds batter many parts of the UK. | :01:04. | :01:09. | |
An urgent inquiry into the school exam system after two examiners are | :01:09. | :01:13. | |
suspended amid claims they were caught cheating. | :01:13. | :01:17. | |
We're cheating. We are telling you the cycle. Probably, the regulator | :01:17. | :01:23. | |
will tell us off. And could this silent black and | :01:23. | :01:30. | |
white French film be on course for an Oscar? I'm here with Sportsday | :01:30. | :01:35. | |
later in the hour on the BBC News Channel as Wayne Rooney leaves | :01:35. | :01:45. | |
:01:45. | :01:57. | ||
Switzerland with good news after a Good evening. | :01:57. | :02:02. | |
The talks has started, the bargaining is under way at the most | :02:02. | :02:05. | |
important European summit for many years. Leaders including David | :02:05. | :02:09. | |
Cameron are in Brussels tonight to consider a plan to ease the debt | :02:09. | :02:13. | |
crisis and to save the single currency. The French and the German | :02:13. | :02:17. | |
leaders want agreement on a new treaty. David Cameron wants a deal | :02:17. | :02:22. | |
that will protect British interests. Or Europe editor, Gavin Hewitt has | :02:22. | :02:26. | |
sent this report. Officials described this as the most critical | :02:26. | :02:30. | |
sit in the EU's history with the whole world watching. The French | :02:30. | :02:34. | |
President said that Europe had never been in such danger. | :02:34. | :02:40. | |
TRANSLATION: Everyone knows that if there is no agreement by Friday, | :02:40. | :02:44. | |
there will be no second chance. We need compromise and quick decisions. | :02:44. | :02:48. | |
So, what are the French President and the German Chancellor after? | :02:48. | :02:52. | |
They want to enforce greater budgetary discipline on the 17 | :02:52. | :02:56. | |
eurozone countries. There would be automatic sanctions | :02:56. | :03:00. | |
against those who overspend. Such changes in their view require | :03:00. | :03:07. | |
treaty change. Threading his way through Brussels' | :03:07. | :03:12. | |
European quarter, David Cameron. He knows an EU treaty change needs a | :03:12. | :03:16. | |
British signature. In the UK, he had said he would safeguard the | :03:17. | :03:20. | |
British interests, especially the financial services and the single | :03:20. | :03:23. | |
market. REPORTER: What are you going to | :03:23. | :03:28. | |
say? These are important talks. We need stability in the eurozone it | :03:28. | :03:31. | |
is good for Britain as well. Also we need to protect Britain's | :03:31. | :03:34. | |
interests. The Prime Minister has a dilemma. | :03:34. | :03:39. | |
He said today he would use his veto if UK interests were not protected, | :03:39. | :03:43. | |
but block a deal and he risks further economic turmoil with | :03:43. | :03:48. | |
Britain isolated in Europe. Agree the deal and he risks angering some | :03:48. | :03:52. | |
in his party and possibly dividing his coalition. | :03:52. | :03:57. | |
In a clear reference to David Cameron, Angela Merkel speaking at | :03:57. | :04:02. | |
a pre-summit meeting, appealed for the help from those not in the | :04:02. | :04:05. | |
eurozone. TRANSLATION: I believe that what | :04:05. | :04:09. | |
unites us is that we all want to overcome this crisis, but I also | :04:09. | :04:15. | |
ask for understanding from those who do not have the Euro. | :04:15. | :04:19. | |
But there was hostility to meeting British demands. | :04:19. | :04:24. | |
A key eurozone official here said that he would not accept any deal | :04:24. | :04:26. | |
over financial services that favoured the UK. | :04:26. | :04:32. | |
But David Cameron was not entirely isolated. Other leaders too had | :04:32. | :04:36. | |
objections to treaty change. Treaty change or not, I think it is | :04:36. | :04:40. | |
not at the heart of what we have to do here tonight. | :04:40. | :04:45. | |
Before the dinner upstairs, David Cameron, Angela Merkel and Nicolas | :04:45. | :04:49. | |
Sarkozy metaphor 45 minutes, but there was no coming together. | :04:49. | :04:52. | |
Downing Street sources say that the Prime Minister was tough in setting | :04:52. | :04:58. | |
out his demands and a long difficult night ahead was expected. | :04:58. | :05:02. | |
Europe's leaders have made it clear that the future of the single | :05:02. | :05:05. | |
currency depends on this summit, but Europe is being asked to commit | :05:05. | :05:08. | |
to a big step towards closer integration. | :05:08. | :05:13. | |
For the leaders arriving here, the proposed changes touch on deep | :05:13. | :05:16. | |
issues like the sovereignty over national budgets. It is not only | :05:16. | :05:24. | |
Britain that has concerns. Well, at the heart of any credible | :05:24. | :05:29. | |
solution to the crisis, according to many observe sers the European | :05:29. | :05:32. | |
Central Bank. Today it decided to cut interest rates across the | :05:32. | :05:35. | |
eurozone, but played down the prospect of new financial support | :05:35. | :05:42. | |
for countries in trouble. The markets were unimpressed by that. | :05:42. | :05:44. | |
Our Economics Editor, Stephanie Flanders is here. | :05:44. | :05:48. | |
Well, the European Central Bank offered some support to Europe's | :05:48. | :05:53. | |
economy and to its banks, which the stress test revealed to be weaker | :05:53. | :05:58. | |
than we thought, but it did not offer a lifeline to sovereign | :05:58. | :06:00. | |
governments. The European Central Bank is | :06:00. | :06:04. | |
offering support to the European banks, but it is not offering | :06:04. | :06:06. | |
significant support to the sovereigns. | :06:06. | :06:11. | |
As this is a sovereign crisis, the ECB is basically doing very, very | :06:11. | :06:16. | |
little to address the crisis. To support the eurozone economy, | :06:16. | :06:20. | |
the Central Bank cut from rates by a quarter of a percentage point to | :06:20. | :06:25. | |
1%. That pushed up the European stock markets briefly, but they | :06:25. | :06:29. | |
soon tumbled when the investors heard from the ECB's President. For | :06:29. | :06:35. | |
Italy, it was enough to wipe out the effect of the US Treasury's | :06:35. | :06:40. | |
warm words for the new Prime Minister and his tough budget. The | :06:40. | :06:45. | |
Italian government's cost of brogue jumped up again to nearly 6.5%. So, | :06:45. | :06:50. | |
what signals did the ECB send? There was green light on support | :06:50. | :06:57. | |
for banks to ease the crunch in the markets now, the ECB is offering | :06:57. | :07:01. | |
banks longer term financing, but it will not rush to buy the government | :07:01. | :07:06. | |
debts in the markets to cut borrowing costs for countries such | :07:06. | :07:11. | |
as Italy. Most disappointing was what the President said about using | :07:11. | :07:15. | |
the Central Bank to produce a fire wall to protect troubled | :07:15. | :07:19. | |
governments, for example by getting it to lend a lot to the | :07:20. | :07:23. | |
International Monetary Fund. Mario Draghi stopped that scheming in its | :07:23. | :07:27. | |
tracks. Yes a treaty that says no monetary | :07:27. | :07:34. | |
financing to governments, so, the issue as to one could use the | :07:34. | :07:38. | |
situation as a Khan 7/11 complex, but the point of fact is that there | :07:38. | :07:42. | |
should be a respect of the spirit of the treaty. For many listening | :07:42. | :07:47. | |
that seemed to roul autoa lot. This is a man -- roul out a lot. | :07:47. | :07:50. | |
This is a man who must watch every word. | :07:50. | :07:54. | |
I wish our leaders the best and the ECB is here. It does not mean that | :07:54. | :08:02. | |
they will respond, by the way. Please, no! The ECB is there, it is | :08:02. | :08:04. | |
not letting governments off the hook. | :08:04. | :08:09. | |
But if leaders don't find a road from the crisis tomorrow, the | :08:09. | :08:13. | |
Central Bank may have to do more to rescue the eurozone's sinking | :08:13. | :08:16. | |
economy. Stephanie Flanders, thank you very | :08:16. | :08:22. | |
much. Let's go live to Brussels to talk to our Political Editor, Nick | :08:22. | :08:27. | |
Robertson. Gavin Hewitt or Europe editor. Gav Nick, what is the team | :08:27. | :08:31. | |
telling you about the British position? I think that they know | :08:31. | :08:34. | |
that the influence is limited. That Nicolas Sarkozy is not alone in | :08:34. | :08:38. | |
arguing that none of this is much to do with Britain as we are not in | :08:38. | :08:43. | |
the owe owe. Yet they know that the power could be great. | :08:43. | :08:48. | |
If the European Union is determined to have a new treaty, involving all | :08:48. | :08:52. | |
27 members, David Cameron has the power to say "no". Providing he is | :08:52. | :08:57. | |
willing to use that power, he can demand quite a lot. What he is | :08:57. | :09:01. | |
demanding, is this: That the City of London, that produces so much | :09:01. | :09:07. | |
tax revenue for Britain is treatied -- is treated pretty much the same | :09:07. | :09:11. | |
way as agriculture is in France. Special protection for it. He knows | :09:11. | :09:17. | |
he has to deliver with the MPs in his party, comparing him with a | :09:17. | :09:21. | |
pre-war appears, Neville Chamberlain, therefore the aides | :09:21. | :09:23. | |
are predicting a fight and a long night. | :09:23. | :09:27. | |
Gavin, what are you picking up from the European partners who take a | :09:27. | :09:31. | |
rather different view of some of these things? They do, the French | :09:31. | :09:36. | |
and the German leaders are making it clear. If they cannot get a deal | :09:36. | :09:40. | |
on treaty change with all 27 members of the EU they will be | :09:40. | :09:43. | |
satisfied to turn to the 17 members that make up the eurozone. What is | :09:43. | :09:46. | |
interesting, during the day, is that many of those countries that | :09:46. | :09:49. | |
are not in the eurozone have made it clear that they don't want a | :09:49. | :09:54. | |
deal like that. Why? They believe that there will be a two-speed | :09:54. | :09:59. | |
Europe. There will be ins and outs, that they will lose influence. They | :09:59. | :10:03. | |
are fighting that. On one hand that puts pressure on David Cameron to | :10:03. | :10:07. | |
come up with a deal. On the other hand, it gives him a very strong | :10:08. | :10:12. | |
hand in these negotiations. There is one other factor here. | :10:12. | :10:18. | |
David Cameron is a pressure is under pressure at home. So too is | :10:18. | :10:21. | |
Chancellor Angela Merkel and also President Nicolas Sarkozy of France, | :10:21. | :10:25. | |
who faces the accusation that in all of this he is handing over | :10:25. | :10:29. | |
French sovereignty. Gavin, thank you very much. Nick, a | :10:29. | :10:34. | |
final word to you, really, not maybe on the nitty-gritty of the | :10:34. | :10:40. | |
negotiations, but to underline what is at stake at this summit? Well, | :10:40. | :10:44. | |
for years, British governments of whatever colour have argued that | :10:44. | :10:49. | |
they don't want a two-speed Europe, even after we stayed out of the | :10:49. | :10:54. | |
single currency. The aim of Whitehall was to ensure we did not | :10:54. | :10:59. | |
go slower than everything else. Yet, if the eurozone finds a way to | :10:59. | :11:03. | |
coordinate its budgetary policy, its tax, the spending policies it | :11:03. | :11:08. | |
will coordinate more than that. Whether you are a Euro Hayter or a | :11:08. | :11:13. | |
sceptic or enthusiast, you have to recognise that this is a profound | :11:13. | :11:16. | |
change in Britain's relationship with much of the rest of Europe and | :11:17. | :11:20. | |
big questions will have to be asked. David Cameron has to make those | :11:20. | :11:24. | |
decisions pretty much on his own here tonight. His aides are not | :11:24. | :11:29. | |
allowed to anybody the room. He could adopt the tactic of John | :11:29. | :11:33. | |
Major 20 years ago at the Maastricht summit, so nervous about | :11:33. | :11:40. | |
the scale of the decisions he was about to take, that he secreted a | :11:40. | :11:44. | |
senior Foreign Office diplomat underneath the table, who would | :11:44. | :11:47. | |
pass UUP a note to suggest what to say next. | :11:47. | :11:53. | |
Thank you very much. Scotland is suffering the effects | :11:53. | :11:56. | |
of hurricane-strength winds. Buildings and cars damaged, schools | :11:56. | :12:02. | |
have been closed, travel is disrupted and many homes are | :12:02. | :12:05. | |
without power. Bad weather has affected parts of Wales and | :12:05. | :12:09. | |
Northern Ireland and closed roads in Kim breer and North Yorkshire. | :12:09. | :12:19. | |
:12:19. | :12:22. | ||
This was Helensburgh, on the Firth of Clyde, as the storm rushed | :12:22. | :12:27. | |
ashore. It's been a long time since I've seen it quite so bad. | :12:27. | :12:32. | |
damage it does. And I was at work in Dumbarton and a big piece of | :12:32. | :12:36. | |
signage came flying off and hit the window so we decided to call it a | :12:36. | :12:40. | |
day and go home. The storm is peaking around now here on the | :12:40. | :12:44. | |
River Clyde. It's quite difficult to stand up against this wind. You | :12:44. | :12:50. | |
can really feel the full force of the gale. And, as it swept | :12:50. | :12:56. | |
eastwards across the country, so the danger Rose. In Aberdeen, the | :12:56. | :13:01. | |
Christmas decorations came down early that no shoppers were injured. | :13:01. | :13:05. | |
The owners of these cars had a lucky escape, too. A collapsing war | :13:05. | :13:10. | |
caused nothing worse than twisted metal and shock. We felt the | :13:10. | :13:17. | |
rumbling and the bang of the building that collapsed. Very scary. | :13:17. | :13:21. | |
Many children got a day off. This school closed at lunchtime, but | :13:21. | :13:25. | |
hundreds were shot all day. It's such a shame that our councils | :13:25. | :13:29. | |
didn't make a decision earlier in the day. The it's terrible. We | :13:29. | :13:35. | |
should have been notified this morning. That was it. This is why | :13:35. | :13:40. | |
schools were closed. The bus was empty, the driver and her to, but | :13:40. | :13:43. | |
it could have been packed with pupils when it blew over. When you | :13:43. | :13:46. | |
have the kind of information that the Scottish government was in | :13:46. | :13:50. | |
receipt of last night from the experts, the Met Office and the | :13:50. | :13:53. | |
police, then it was appropriate to act in the way we did and the | :13:53. | :13:58. | |
decisions, in my view, were correct. For much of the day Scotland was at | :13:58. | :14:04. | |
a standstill, as gusts on the mountain tops reached 165 mph. The | :14:04. | :14:09. | |
police advised against all travel in central Scotland. The conditions | :14:09. | :14:14. | |
were too harsh even for Scottish football. Hibs training session in | :14:14. | :14:18. | |
Edinburgh was called off. Too harsh, too, for this wind turbines in | :14:18. | :14:23. | |
Ayrshire, which failed in spectacular style. The waves and | :14:23. | :14:26. | |
the wind have taken their toll today. Police say they've dealt | :14:26. | :14:31. | |
with nearly 100 major incidents on Scotland's roads. And the storm is | :14:31. | :14:36. | |
now being followed in the north of the country by snow. But tonight's | :14:36. | :14:41. | |
biggest battle is to restore power. Engineers are struggling to | :14:41. | :14:46. | |
reconnect more than 60,000 homes. After a tough day, it will be a | :14:46. | :14:53. | |
cold night. Ministers have ordered swift action to restore confidence | :14:53. | :14:57. | |
in the school exam system, after allegations of cheating. Two | :14:57. | :14:59. | |
examiners have been suspended following claims that teachers were | :14:59. | :15:03. | |
given advice about the questions likely to feature in a coming | :15:03. | :15:13. | |
:15:13. | :15:13. | ||
papers. - Matkin upcoming papers. The boards in charge of our | :15:13. | :15:16. | |
children's exams cheating their own systems, telling teachers the | :15:16. | :15:20. | |
answers to the questions they themselves have said? That is what | :15:20. | :15:23. | |
seems to be happening in this undercover filming, done by the | :15:23. | :15:28. | |
Daily Telegraph at a seminar for teachers run by the Welsh exam | :15:28. | :15:33. | |
board, WJCE. Examiners are allowed to give support and guidance but | :15:33. | :15:43. | |
here the examiner appears to go Examiners were apparently seen | :15:43. | :15:47. | |
telling teachers which areas pupils were likely to the questioned on, | :15:47. | :15:51. | |
and phrases to include in answers. The Welsh government is | :15:51. | :15:55. | |
investigating the claims and the exam board has taken action. In the | :15:55. | :15:58. | |
short term, those examiners have been suspended from their current | :15:59. | :16:03. | |
duties pending the investigation being completed. The paper's story | :16:04. | :16:08. | |
names English exam boards, too. Leading the Education Secretary to | :16:08. | :16:12. | |
set up an inquiry and to threaten top action. It could be the case | :16:12. | :16:17. | |
that exam boards lose the right to preside over exams. We want to | :16:17. | :16:22. | |
ensure that our exams are respected, the best in the world. As far as | :16:22. | :16:26. | |
I'm concerned, any powers that we need to invoke in order to get that, | :16:26. | :16:34. | |
we will use. This year, 10 class at West London School is soon due to | :16:34. | :16:39. | |
sit mock GCSEs. The exams watchdog, Ofqual, has warned it could pull | :16:39. | :16:43. | |
papers drawn up for next summer. The exam sector is a multi-million- | :16:43. | :16:46. | |
pound industry that is now under great pressure. The exam boards get | :16:46. | :16:50. | |
paid by schools to set their papers and compete with each other | :16:50. | :16:54. | |
fiercely. Meanwhile, head teachers need pupils to do well in the exams, | :16:55. | :16:59. | |
so the school does well in the league tables. The head teacher | :16:59. | :17:04. | |
here describe what influences a school to choose a particular board. | :17:04. | :17:09. | |
If an exam board was felt to be easier, it may play a part in a | :17:09. | :17:14. | |
school choosing that exam board. Because results matter and it may | :17:14. | :17:19. | |
be that the results would be higher for the school. Tonight the | :17:19. | :17:22. | |
Telegraph released more claims suggesting exam standards on to | :17:22. | :17:27. | |
being upheld. With time running out to restore faith in the system, the | :17:27. | :17:35. | |
watchdog has two week to report back. Coming up, protesting against | :17:36. | :17:45. | |
:17:46. | :17:47. | ||
corporate greed. And the top banker In Zimbabwe, President Mugabe, who | :17:47. | :17:52. | |
is 87, has called for elections next year, as he attempts to win | :17:52. | :17:55. | |
another term in office. He was speaking at the ruling party's | :17:55. | :17:59. | |
Annual Congress in Bulawayo, where the delicate issue of who might | :17:59. | :18:03. | |
succeed him was not discussed. Mr Mugabe has been in power for the | :18:03. | :18:07. | |
past 31 years. But even after a power-sharing deal three years ago, | :18:07. | :18:15. | |
there remaineds serious concerns in the country. -- there remains | :18:15. | :18:21. | |
serious concerns in the country. He still has his fans here. President | :18:21. | :18:27. | |
Mugabe's based on almost every surface. His loyalists party as | :18:27. | :18:32. | |
Zimbabwe struggles. Imposing security, as the man himself but | :18:32. | :18:34. | |
arrives to declare he wants elections and another term in | :18:34. | :18:44. | |
:18:44. | :18:47. | ||
office. We are saying time has come now for us to prepare for elections. | :18:47. | :18:53. | |
We have to have elections next year. In a year of revolutions, President | :18:53. | :18:58. | |
Mugabe has been mocked in this African fast food advert as the | :18:58. | :19:08. | |
last dictator. Today he hit back. Only a dead imperialist is a good | :19:08. | :19:14. | |
one. But after three decades, how much longer can the President keep | :19:14. | :19:24. | |
this going? He is 87 and reportedly in failing health. Behind the | :19:24. | :19:27. | |
scenes there is plenty of talk about life after Robert Mugabe. But | :19:27. | :19:31. | |
you wouldn't catch anyone here talking about that in public. | :19:32. | :19:37. | |
don't even imagines ZANU-PF without Mugabe. Because Mugabe, it is not | :19:37. | :19:42. | |
just physical. He is an idea of the party. In the real world Zimbabwe | :19:43. | :19:47. | |
is enjoying some stability, with a power-sharing government in place. | :19:47. | :19:52. | |
But the fear has not gone. This is still the land of nervous laughter. | :19:52. | :19:57. | |
Are you scared to talk about President Mugabe? I don't want to. | :19:57. | :20:04. | |
Why not? And I don't know. uncomfortable with the subject. | :20:04. | :20:07. | |
it difficult to talk about President Mugabe, what do you think | :20:07. | :20:14. | |
of him? No. I'm not comfortable talking about that either. And that | :20:14. | :20:19. | |
sense of political unease is hurting the economy, too. Business | :20:19. | :20:23. | |
is terrible. We survive, I think we've been able to keep things | :20:23. | :20:27. | |
going, but we are way below what the real potential of the economy | :20:27. | :20:34. | |
is. But President Mugabe still insists the outside world is to | :20:34. | :20:43. | |
blame, and only he can lead Zimbabwe to real freedom. A British | :20:43. | :20:46. | |
soldier from the Royal Engineers has died from injuries he sustained | :20:46. | :20:51. | |
in an explosion in Afghanistan on Tuesday. The soldier, from 35 | :20:51. | :20:55. | |
Engineer Regiment, was brought back to the UK from the Nahr-e Saraj | :20:55. | :21:02. | |
district of Helmand province. He died in hospital in Birmingham. It | :21:02. | :21:05. | |
will take several years for the British economy to grow again at | :21:05. | :21:10. | |
the rate we enjoyed before the financial crash. That is the view | :21:10. | :21:13. | |
of Business Secretary Vince Cable, whose spoken to the BBC about the | :21:13. | :21:16. | |
lasting impact of the crisis. And the chairman of the Royal Bank of | :21:16. | :21:20. | |
Scotland has admitted his surprise that the public protest against the | :21:20. | :21:23. | |
big banks did not happen before now. Robert Peston has this exclusive | :21:23. | :21:30. | |
report. We didn't all have a Ferrari or a Roller. But the 16 | :21:30. | :21:35. | |
years to 2008 was a golden age. Unbroken growth of 3% a year on | :21:35. | :21:42. | |
average. A consumer boom fuelled by debt. Ended by the crash. Now over. | :21:42. | :21:47. | |
Since then, we've had recession and near stagnation. How long do you | :21:47. | :21:51. | |
think it will take to reconstruct the British economy so that we can | :21:51. | :21:58. | |
have that kind of 3% growth on a sustainable basis? 3% growth and a | :21:58. | :22:03. | |
sustainable basis is quite ambitious. We're talking most of | :22:03. | :22:07. | |
that growth has got to come from innovation and technological change, | :22:07. | :22:11. | |
and achieving that would be very substantial. It's not going to | :22:11. | :22:16. | |
happen within months. We are talking years. Years. 5, 10 years? | :22:16. | :22:20. | |
There is no point in artificially putting a deadline on it. | :22:20. | :22:23. | |
transforming our economy into one in which we invest more and pay our | :22:23. | :22:27. | |
way in the world by exporting more than we spend may mean they have to | :22:27. | :22:33. | |
get used to flat or low growth. Would that be so terrible? 1% isn't | :22:33. | :22:42. | |
so bad. It means we are still growing. People. Sometimes to the | :22:42. | :22:45. | |
Japanese experience in the 1990s as having been shocking. How terrible | :22:45. | :22:51. | |
it was that growth in Japan flatlined for the better part of | :22:51. | :22:55. | |
the decade. But if you look at the Japanese population, they weren't | :22:55. | :22:59. | |
especially unhappy with their lot, they were perfectly content. This | :22:59. | :23:03. | |
arduous period of economic transition isn't universally | :23:03. | :23:07. | |
popular. And it's not unusual for the banks to be on the sharp end of | :23:07. | :23:13. | |
popular anger. What is your own view of the oche by Wall Street and | :23:13. | :23:19. | |
related popular campaigns? -- Occupy Wall Street. I'm surprised | :23:19. | :23:23. | |
it's taken so long. The financial crisis and the failure of banks and | :23:23. | :23:30. | |
so on has been going on for three years. Most people think it's going | :23:30. | :23:33. | |
on for a bit longer. I absolutely feel the sense of outrage about | :23:33. | :23:37. | |
what happened in the banking sector. I think it is absolutely | :23:37. | :23:41. | |
disgraceful that British banks for the first time in 300 years of | :23:41. | :23:47. | |
British banking needed massive taxpayer bail-out. Austerity, maybe | :23:47. | :23:50. | |
it's less a British base and more in the way of life. More grafting, | :23:51. | :23:56. | |
less shopping. You can see more of those interviews this Sunday on | :23:56. | :23:59. | |
BBC2 at 7pm in The Party's Over: How the West Went Bust, where | :23:59. | :24:02. | |
Robert looks at the prospects for a stronger British economy in the | :24:02. | :24:11. | |
coming decade. Among this year's more unlikely contenders for an | :24:11. | :24:17. | |
Oscar nomination is a silent film, a French romance called The Artist, | :24:17. | :24:20. | |
shot in black and white. What's more, the actors are mostly unknown. | :24:20. | :24:25. | |
The story takes place in Hollywood in the 1920s and 30s, as silent | :24:25. | :24:29. | |
movies slipped out of fashion. Our arts editor has been to see if all | :24:29. | :24:33. | |
the praise is justified. It's a silent movie that has got people | :24:33. | :24:38. | |
talking. The Artist has been a surprise hit of the festival | :24:38. | :24:46. | |
circuit, winning awards and receiving applause. It is a loving | :24:46. | :24:51. | |
pastiche of the silent movies made in Hollywood during the 1920s. An | :24:51. | :24:54. | |
era that ended abruptly with the introduction of the talkies, films | :24:54. | :24:59. | |
in which the audience could hear the actors speak. It was a way to | :24:59. | :25:03. | |
make a modern movie. It was very important to me not to try to make | :25:03. | :25:09. | |
a fake 1920s movie. The directors in the 20s, they didn't make silent | :25:09. | :25:15. | |
movies. They made movies. They didn't have the option. The plot is | :25:15. | :25:20. | |
simple. As the reputation of the unfashionable silent screen idol | :25:20. | :25:24. | |
sinks, so the career of a glamorous new actress with talking talent | :25:24. | :25:31. | |
rises. Of course the modern actors in the film had to take the reverse | :25:31. | :25:38. | |
journey. How easy was it for new stars to learn old tricks? It is | :25:38. | :25:42. | |
not intellectual, it is just instinctive. Your body does the | :25:42. | :25:49. | |
work. I was happy because I had fun pretending to be a movie star in | :25:50. | :25:59. | |
:26:00. | :26:01. | ||
the 1920s. My energy, my movement, my face. This is the first and the | :26:01. | :26:05. | |
last silent-movie to win the Best Picture Oscar, and that was back in | :26:05. | :26:14. | |
1929. What chance then of The Artist repeating that feat nearly a | :26:14. | :26:24. | |
:26:24. | :26:43. | ||
It is a beautifully short movie. It is sophisticated clever and very | :26:43. | :26:49. | |
funny. The plot is all about the rise and fall of the matinee idol. | :26:49. | :26:53. | |
In these times of our celebrity obsessed culture, it really is | :26:53. | :26:57. |