28/10/2011 Daily Politics


Download Subtitles

SRT

ASS


28/10/2011

Andrew Neil has the top political stories of the day.


Similar Content

Browse content similar to 28/10/2011. Check below for episodes and series from the same categories and more!

Transcript


LineFromTo

Afternoon, folks, welcome to the Daily Politics on Friday.

:00:24.:00:26.

David Cameron arrives in Australia for the Commonwealth summit with

:00:26.:00:31.

women - but don't worry, not in a Berlusconi way - on his mind. This

:00:31.:00:35.

morning he's won approval to change the rules for Royal succession.

:00:35.:00:41.

Progress or unnecessary tinkering? Fancy an extra hour of daylight in

:00:41.:00:44.

the evenings? Britain tried it back in the '60s and the Government is

:00:44.:00:47.

considering trying it again, putting us in line with Central

:00:47.:00:52.

European Time. We'll hear from the Tory MP behind the bill.

:00:53.:00:56.

And with new figures showing our top bosses are getting 50% more in

:00:56.:01:03.

pay and perks in the last year, are we really all in this together?

:01:03.:01:07.

And it could be you. Though, let's be honest, it probably won't be.

:01:07.:01:17.
:01:17.:01:20.

But we'll hear the story of how one And with me today are Rowenna Davis

:01:20.:01:25.

of the Guardian and Isabel Oakeshott of the Sunday Times.

:01:25.:01:27.

David Cameron arrived at the Commonwealth summit in Perth this

:01:27.:01:30.

morning announcing that he has won unanimous approval from the

:01:30.:01:38.

Commonwealth realms for reform of the rules of Royal succession. The

:01:38.:01:41.

change will allow the eldest child, whether a girl or a boy, to ascend

:01:41.:01:45.

to the throne. The ban on the monarch being married to a Roman

:01:45.:01:53.

Catholic was also lifted. The changes will require amendments to

:01:53.:01:55.

legislation including the Bill of Rights of 1689, the Coronation Oath

:01:56.:02:05.
:02:06.:02:07.

Act of 1688 and the Act of Settlement 1701. Speaking a short

:02:07.:02:14.

while ago, this is what the Prime Minister had to say. We will end

:02:14.:02:20.

the male rule so that in future the order of succession should be

:02:20.:02:24.

determined simply by the order of birth. And we have agreed to

:02:24.:02:30.

introduce this for all descendants from the Prince of Wales. Put

:02:30.:02:32.

simply, if the Duke and Duchess of Cambridge were to have a little

:02:32.:02:39.

girl, that girl would one day be Queen. Or even if she would be a

:02:39.:02:46.

big girl! I guess it is a change that had to come. It is an open

:02:46.:02:50.

goal for Cameron at the moment. There are a lot of complicated

:02:51.:02:58.

problems at the moment, but let's do this nice and easy thing. I am

:02:58.:03:03.

massively in favour of it, telling you that as an older sister. If I

:03:03.:03:07.

thought my younger brother would get on the throne before me, we

:03:07.:03:11.

would not be having any of it. life could be in danger! Will

:03:11.:03:16.

anybody oppose this? I really don't think so. What amazes me is how

:03:16.:03:22.

long it has taken full pub I wrote to netbook -- an editorial in 1986.

:03:22.:03:27.

That was how many years ago? You would have thought Harriet Harman

:03:27.:03:31.

would have done it. This was something she would have backed. It

:03:31.:03:37.

seems incredible it has taken so long. The anything funny about it

:03:37.:03:41.

is we don't know what the Royal Family themselves think about it. -

:03:41.:03:46.

- the only thing. We are told the Queen let it be known she did not

:03:46.:03:52.

object. That is the way these things work. The argument against

:03:52.:03:58.

it is that the monarchy is a special institution, it is a

:03:58.:04:03.

hereditary principle. You don't hold it to the same rules. Please,

:04:03.:04:09.

come on! If you are saying we are going to trump tradition for

:04:09.:04:17.

equality and venues we hold deer, we have to question you have so

:04:17.:04:21.

much political power on the basis of your birth. Does the Queen have

:04:21.:04:26.

political power? She has political influence. We are not in the era of

:04:26.:04:33.

Downton Abbey. If Kate Middleton was able to tell us, the Duchess of

:04:33.:04:37.

Cambridge, and what she really thinks, I'm sure she will be fully

:04:37.:04:41.

behind this. But she doesn't talk very much, it is mostly about her

:04:41.:04:47.

outfits. But even that! Since I can't get involved in this argument,

:04:48.:04:55.

we will move on. Two girls. Could we be about to start marching

:04:55.:04:58.

to 'Berlin time'? The Government has announced this morning that

:04:58.:05:03.

it's considering advancing time by one hour. That could mean the UK

:05:03.:05:06.

adopting Central European Time, putting us in line with the rest of

:05:06.:05:16.
:05:16.:05:17.

Europe. Except Portugal and Ireland. Now, it's not the first time we've

:05:18.:05:21.

fallen in with Berlin and Paris. In 1968, a three-year trial started

:05:21.:05:27.

which kept the clocks in advance of GMT all year round. It meant darker

:05:27.:05:29.

mornings for early risers like postmen, newspaper delivery people

:05:29.:05:37.

and schoolchildren. And before that, Winston Churchill introduced single

:05:37.:05:43.

and double summer time during the war. Why? To save fuel and let

:05:43.:05:53.
:05:53.:05:53.

people get home safely during the blackout. But while it might be

:05:53.:05:56.

nice for those in the South of England to have longer, lighter

:05:56.:05:59.

evenings, what about people in Scotland where some might not see

:05:59.:06:09.
:06:09.:06:09.

daylight until nine o'clock in the morning? Well, the Government plans

:06:09.:06:12.

to consult all devolved parts of the UK before it decides to support

:06:12.:06:16.

the plan and if there is clear opposition in any part of the UK,

:06:16.:06:26.
:06:26.:06:27.

the trial won't go ahead. So are we about to return to watching the sun

:06:27.:06:30.

rise at nine o'clock in the morning? Is changing our time a

:06:30.:06:40.
:06:40.:06:41.

good idea? We are joined by two people who should know. You are the

:06:42.:06:47.

MP proposing this. Peter Hitchens has written a cover story on the

:06:47.:06:54.

Spectator revealing the government is now behind this. Explain to us,

:06:54.:06:58.

before we get into the argument, tell us what will happen. If I get

:06:58.:07:03.

my way, we will have a very comprehensive government review

:07:03.:07:10.

across government departments to find out whether the people

:07:10.:07:14.

enthusiastic about this are right or if there are compelling

:07:14.:07:19.

arguments why Richard Nott. You are in favour of it? I am convinced

:07:19.:07:23.

there are enough good arguments about creating jobs and saving

:07:23.:07:28.

lives on roads. Supposing it became law today. Tell us what would

:07:28.:07:33.

happen. The clocks are due to go back next weekend. He if the

:07:33.:07:36.

government review it and found it was a good idea... Just assume it

:07:36.:07:41.

is law now. We would not change the clocks this autumn and we would be

:07:41.:07:44.

on British Summer Time in the winter. We would have an extra hour

:07:44.:07:48.

of daylight throughout the year. if our clocks don't go back next

:07:48.:07:52.

week, we would be on the same time as Europe. They would put their

:07:52.:07:58.

clocks back? They are ahead at the moment. We would stay where we are,

:07:58.:08:02.

they would bring their clocks back. We would then be in zinc and next

:08:02.:08:07.

summer, we would go forward an hour in tune with the rest of Europe?

:08:07.:08:15.

Exactly. In perpetuity we would be an hour ahead. An extra hour of

:08:15.:08:21.

daylight in the evening. Peter Hitchens, I can see a wry smile.

:08:21.:08:26.

All of this stuff about extra hours, and the amount of sunshine you get,

:08:26.:08:29.

you can shifted about from one place to another. Those of us who

:08:29.:08:36.

get up early, almost everybody with a job, Mrs Harris may not have this

:08:36.:08:42.

problem, but I was on my way to the station at 7:30am in twilight. If a

:08:42.:08:47.

Bill were enforced, that would be a 30 -- 8:30am. So that is in October.

:08:47.:08:52.

This is not a Scottish problem, it is an English problem. If we have

:08:52.:08:57.

this imposed on us, we will be an hour different from us. We will

:08:57.:09:01.

have darkness until very late in the morning. We would all have

:09:01.:09:04.

breakfast in the dark. In the summer, you would be watching

:09:04.:09:08.

Newsnight and it would be light outside. Who watches Newsnight?

:09:08.:09:12.

That is another question. There would be more reasons not to do so

:09:12.:09:17.

because it would be light outside. This is nothing to do with shifting

:09:17.:09:22.

time to anyone's benefit. There's masses and masses of statistics

:09:22.:09:26.

claiming we will be billionaires, but the truth is, and the reason

:09:26.:09:31.

why Nick Clegg is pushing the Prime Minister, visited the European

:09:31.:09:36.

Union project to put us on Central European Time? Absolutely ludicrous

:09:36.:09:40.

and fanciful. It is nothing to do with the European Union, it is to

:09:40.:09:44.

find out whether we are setting our clocks to the best time zone for

:09:44.:09:49.

the way we live our lives. This is the 7th attempt to make this change.

:09:49.:09:55.

Under European Union rules, we could not do the 1960 it experiment.

:09:55.:10:01.

The European Union now main dates if... Are there as it meant --

:10:01.:10:04.

there's an insecure -- interesting argument in Ireland this week. They

:10:04.:10:09.

would like to be up to keep some time in Ireland. They were planing

:10:09.:10:13.

they couldn't do it because Brussels and wouldn't let them. --

:10:13.:10:18.

complaining. This is another interesting thing about the EU. We

:10:18.:10:21.

are not allowed to decide whether or when to put our clocks back.

:10:22.:10:26.

This Bill has been before Parliament seven times in the first

:10:26.:10:29.

25 years, always put forward by Europhiles, never openly

:10:29.:10:33.

acknowledged as being in the you measure because they know it is

:10:33.:10:36.

associated with the European Union and people will spot it for what it

:10:36.:10:42.

is. People have little imagination about what will happen. It is not

:10:42.:10:45.

just Scottish people who will suffer, it is everybody. The last

:10:45.:10:55.

time it was half tried in 1968 and 1971, road deaths rose considerably

:10:55.:10:58.

during that period despite the fact it was the time when the

:10:58.:11:04.

breathalyser was introduced and speed limits... Peter, you are a

:11:04.:11:07.

superb journalist but when it comes to analysing road accidents I would

:11:07.:11:11.

rather take the advice of the people whose job it is to do it.

:11:11.:11:15.

The Royal Society for the Prevention of accidents have been

:11:15.:11:19.

campaigning for this measure for 60 years. They know making the

:11:19.:11:23.

afternoon rush-hour lighter will save lives. I lived in Scotland at

:11:23.:11:28.

the time and it was very unpopular. And in the south. I can assure you

:11:28.:11:33.

it was very unpopular in the north. What I don't understand are the

:11:33.:11:37.

politics of this. You would think David Cameron had enough trouble

:11:37.:11:46.

us on European time. It seems a bit of a sideshow at the moment. I grew

:11:46.:11:51.

up about a mile away from the nearest street light in Scotland.

:11:51.:11:55.

Which of us really likes getting up in the dark? The thought of having

:11:55.:12:00.

to get up in the dark for longer, where I grew up, you would be

:12:00.:12:04.

getting up in the dark even if you got out of bed at 10am. I think it

:12:04.:12:10.

is pretty unappealing. I agree with Peter when he says we have a

:12:10.:12:14.

limited amount of sunshine so we will be debating where we put it

:12:14.:12:18.

and there are costs and benefits on both sides. Because those have been

:12:18.:12:23.

reviewed over and over again in the past, I end up feeling a little bit

:12:23.:12:31.

apathetic towards it. If you are going to introduce any motion into

:12:31.:12:35.

Parliament, why are we talking about this now? We just had a whole

:12:35.:12:38.

week wasted debating whether we should be reviewing whether we are

:12:38.:12:43.

in or out of Europe. And the economy is tanking along the bottom.

:12:43.:12:47.

Why are we doing it? The reason is it is a concession by

:12:47.:12:54.

David Cameron to Nick Clegg. It establishes... It re-emerged having

:12:54.:12:58.

been killed off by the relevant department in June. It emerged a

:12:58.:13:03.

few weeks ago as a result of this. If Rebecca harasses right that it

:13:03.:13:09.

is so beneficial, why are the people of Berlin not adopting Minsk

:13:09.:13:14.

time? If it is so wonderful to be getting up in the dark? Minsk time?

:13:14.:13:18.

In it would be the equivalent of Berlin time for us. It would mean

:13:18.:13:23.

Berlin would do everything... you now have the backing of the

:13:23.:13:27.

government for this motion. Otherwise you would not get the

:13:27.:13:31.

time in Parliament. It comes from Nick Clegg. It is also part of the

:13:31.:13:35.

parliamentary process. Does it have the backing of government? They are

:13:35.:13:40.

minded to back it. Is that the same as backing it? What they said in

:13:40.:13:47.

the press release is they are considering backing it.

:13:47.:13:53.

The lobby groups for this have been doing quite a good job on pointing

:13:53.:13:58.

out the potential economic benefits. The tourist industry in Britain

:13:58.:14:02.

think it could give us an 80 -- an extra 80,000 jobs because it makes

:14:02.:14:07.

us compete better with Europe in terms of attractions. It widens the

:14:07.:14:13.

British tourist season. A will Rebecca Harris stake her salary on

:14:13.:14:21.

these claims of economic advantage? David Cameron has told us on

:14:21.:14:25.

numerous occasions that we are all in this together but the pay roll

:14:25.:14:29.

figures show a different story with top director pate jumping by almost

:14:29.:14:35.

50% in a year. That is based on an analysis of what the top 100 FTSE

:14:35.:14:43.

companies take. These directors had an average income of �2.7 million

:14:43.:14:46.

last year. That includes salary benefits and bonus payments, which

:14:46.:14:56.
:14:56.:14:57.

rose by 23%, from �737,000 in 2010, to �906,000 this year. The 49% rise

:14:57.:15:05.

follows an increase of, wait for it, 55% in 2009-10. The report by

:15:05.:15:10.

Income Data Services is based on averages. With the median figure

:15:10.:15:16.

being used, it is a more modest 16%. Whichever way you calculate it, it

:15:16.:15:22.

dwarfs the average 2.3% rise in average earnings across the economy.

:15:22.:15:27.

The report comes as Vince Cable, the bad man's favoured man, has

:15:27.:15:32.

been consulting on proposals to climb down on the escalation of

:15:32.:15:37.

awards. Mark Field is a member of Parliament for the City of London

:15:37.:15:43.

and a former recruitment consultant so he knows about salaries. When

:15:43.:15:49.

top businessmen, and they are mainly men, and getting a rise of

:15:50.:15:55.

50% two years ago and 50% this year, we are not all in it together.

:15:55.:15:59.

would all agree we are living in a global market and we want to get

:15:59.:16:03.

the brightest and best people from across the globe into our top

:16:03.:16:08.

companies. But I do accept that this does not look like a free

:16:08.:16:14.

market at all, it looks like a club that goes on with committees made

:16:14.:16:20.

of the same people being recycled. The furore about Cedric Brown from

:16:20.:16:24.

British Gas, when he had that package of �300,000, the current

:16:24.:16:29.

going rate would now be 10 times that. Let's look at the global

:16:29.:16:33.

market argument. I can understand that the chief executive of BP

:16:33.:16:37.

needs to be paid a lot because Chevron might come and get him and

:16:38.:16:43.

he is very good. But this survey shows that the biggest rises were

:16:43.:16:47.

the lower down directors, not the very top. Not the rock star

:16:47.:16:51.

managers. And also, for your argument to work, you would have to

:16:51.:16:57.

show me that the top pay in Germany, France and Italy went up by 50%.

:16:57.:17:05.

Ilott and it did not. It did not. - - I have looked. I do not entirely

:17:05.:17:08.

disagree, obviously. But I do not think we should just look at the

:17:08.:17:13.

issue of globalisation. We do need to get the best boat around.

:17:13.:17:19.

have just agreed with me. I think there is a more genuine concern

:17:19.:17:23.

here, which is the sense that capitalism, well, global capitalism

:17:23.:17:29.

now seems to be an unfair bargain in recent years. People are

:17:29.:17:33.

campaigning about this. What is interesting about St Paul's, and I

:17:33.:17:38.

have been down that this week, it is not just the usual suspects, the

:17:38.:17:42.

people on the left of politics, but increasing unease from middle-class

:17:42.:17:46.

people that capitalism is skewed against them. I have been told that

:17:46.:17:50.

the Corporation of London, the governing area they your

:17:50.:17:53.

constituency, is going to take legal action to get rid of the

:17:53.:17:57.

encampment. What do you think? is interesting that we have a

:17:57.:18:00.

Conservative MP on the show acknowledging that there are

:18:00.:18:03.

serious problems with bonuses in the City and something needs to be

:18:03.:18:07.

changed. And that it is not just immoral but economically unsound.

:18:07.:18:11.

The question I ask is why do we have David Cameron consistently

:18:11.:18:16.

coming out, as he did this morning, saying that City bankers are

:18:16.:18:19.

continuously being bashed in an unfair way, and offended those

:18:19.:18:24.

practices. He is not defending the salaries, but he says we do not

:18:24.:18:27.

want more regulation in the financial services industry,

:18:27.:18:34.

without whom we would be in trouble. Like now? If we lost the banking

:18:34.:18:39.

income then we would be in more trouble. I find that argument naive.

:18:39.:18:43.

We are negotiating to millions of pounds of banking bail-out so again

:18:43.:18:47.

and you are sitting there saying we do not need more regulation. You

:18:47.:18:52.

have just acknowledged it a second ago that we do. I do not want to

:18:52.:18:54.

see Vince Cable spending an inordinate amount of time in his

:18:54.:18:58.

comfort zone, utilising the idea of how we control industry. He should

:18:58.:19:04.

be spending his time making sure that we deal with unemployment and

:19:04.:19:08.

growth that has stalled, and the message that this country is open

:19:08.:19:14.

for business. What do you make of this? Vince Cable looked at this

:19:14.:19:18.

question this summer. The question is what can the Government do and

:19:18.:19:21.

is it right for them to intervene in the market in something like

:19:21.:19:25.

this? Vince Cable said he was surprised at the number of round

:19:25.:19:31.

table discussions with private companies and he was surprised at

:19:31.:19:39.

their willingness to move on this. With 50% pay rises? I want to get

:19:39.:19:43.

your reaction to the statement from the Corporation of London. We have

:19:43.:19:46.

had endless discussions about this and every time we talk about it,

:19:47.:19:51.

nothing happens but their pay continues to rise and rise and rise.

:19:51.:19:55.

It is way ahead, so that the gap now between the top paid in a

:19:55.:20:00.

company and the average is 10 times bigger than it was in the 1950s.

:20:00.:20:05.

What are you going to do about it? Well, I think transparency is

:20:05.:20:10.

important. What we need, therefore, within public companies is more

:20:10.:20:16.

activist shareholders. Government is trying to do that.

:20:16.:20:20.

think we have a tipping point. What is happening in Wall Street and St

:20:20.:20:24.

Paul's, it is not just the usual suspects. They are middle-class,

:20:24.:20:27.

Tory-voting people that feel they have done the right thing and they

:20:27.:20:35.

have got savings and they are losing out. Vince Cable jumping on

:20:35.:20:39.

this particular bandwagon and spending an inordinate amount of

:20:39.:20:44.

time solving what he regards as a problem makes some sense but we

:20:44.:20:47.

have to make sure the country is open for business. Our economy is

:20:47.:20:51.

bumping along the bottom and still we have companies awarding

:20:51.:20:55.

themselves 50% extra this year compared to last year. That is

:20:55.:20:59.

phenomenal to me. It is not economically sound. It is rewarding

:20:59.:21:05.

failure. Shares have not gone up by 43% in the past year. The people

:21:05.:21:09.

that own the companies do not get that, the dividends do not rise,

:21:09.:21:14.

the pension funds do not go up. We have run out of time, but what is

:21:14.:21:17.

your reaction to the news that has just come through that the

:21:17.:21:23.

Corporation of London will begin legal action to remove the protest?

:21:23.:21:26.

I think it has been absolute pantomime over the past couple of

:21:26.:21:30.

weeks. It is like a Third World shanty town outside St Paul's,

:21:30.:21:34.

which is a world heritage site. We have Remembrance Sunday, the Lord

:21:35.:21:38.

Mayor's Show within a fortnight, and on that basis I think they are

:21:38.:21:41.

doing the right thing to try to remove these people but it will be

:21:41.:21:45.

a long process. They will be lucky if they can remove them for that.

:21:45.:21:53.

and a parrot to they are Tory voters! -- and apparently they are

:21:53.:21:57.

Tory voters! Parliament Square has been there for 10 years, so do not

:21:57.:22:02.

hold your breath. We are grateful that Mark Field has

:22:02.:22:06.

come on the programme. What do you think when I say John

:22:06.:22:12.

Major? Do not fall asleep! Traffic cones hotline, Black Wednesday, or

:22:12.:22:15.

positively maybe the National Lottery. The former Conservative

:22:15.:22:20.

Prime Minister did indeed introduce the national lottery in the 1990s.

:22:20.:22:25.

The original idea was promoted by a far more obscure politician. We

:22:25.:22:35.
:22:35.:22:38.

The National Lottery, it feels like it has been with us forever. The

:22:38.:22:41.

irony is that the man that actually got those big-money balls rolling

:22:41.:22:47.

is not the man that a credit for it when they finally dropped. -- that

:22:47.:22:52.

took credit for it. The lottery was only in his mind because he won the

:22:52.:22:55.

parliamentary version of the lottery, the ballot for Private

:22:55.:22:59.

Members' bills. I was not there. The first I knew about it was when

:22:59.:23:04.

the phones rang and people kept saying to me, what is your subject?

:23:04.:23:08.

I am from this newspaper, the TV, and I said I had not thought about

:23:08.:23:14.

it. Colleagues loaded him with options but the two that he steered

:23:14.:23:16.

away were the National Lottery and a Government hand-me-down that

:23:16.:23:24.

would please the shipping industry but few else. The bill of carriage

:23:24.:23:29.

of Goods by Sea was not going to up the credibility of somebody that

:23:29.:23:33.

had been in Parliament for 18 years without making much of a hit. But

:23:33.:23:36.

the National Lottery is another matter. What was the opposition to

:23:36.:23:41.

this? It all stretches back to Margaret Thatcher. She was very

:23:41.:23:47.

puritanical. Actually, I think she did believe that the feckless might

:23:47.:23:51.

be trapped into more feckless behaviour with the lottery. So she

:23:51.:24:00.

was very far from enthusiastic. Then the real reason was the

:24:00.:24:02.

Treasury had done the deal with the Football pools. That is why when we

:24:02.:24:08.

have the second reading vote, the Government was kept out of the

:24:08.:24:12.

lobby. After the debate, a journalist came up to you and what

:24:12.:24:17.

did he say? He said, that is it then, it is finished. I asked why

:24:17.:24:21.

and he said that Number 10 had told him. I said that Number 10 had

:24:21.:24:26.

better think again. I said we are going places with this. This will

:24:26.:24:31.

be immensely, immensely popular in the country, because it will bring

:24:31.:24:35.

lot of pleasure and report to thousands of people every week.

:24:35.:24:38.

after adopting it in the manifesto, pulling a surprise jackpot victory

:24:38.:24:44.

out of the bag in 92, John Major did indeed launch the National

:24:44.:24:50.

Lottery, but he would not keep his fingers crossed. I know exactly

:24:50.:24:55.

what you will do with that! name is now attached to its

:24:55.:24:59.

creation but not everybody has forgotten the man that first put it

:24:59.:25:03.

in the public and the Prime Minister's mind. People still come

:25:03.:25:07.

up to me. I was on the Queen Mary during a speaking tour recently and

:25:07.:25:12.

somebody came up to me to thank main. He said he would not be on

:25:12.:25:17.

the Queen Mary but form what I had done because he had won the lottery.

:25:17.:25:23.

-- but for what I had done. They still do it. Europe has dominated

:25:23.:25:27.

the news agenda this week in more ways than one. It is time to look

:25:27.:25:35.

back at the events over the seven days of the week. David Cameron

:25:35.:25:38.

endured the biggest Tory rebellion over Europe ever this week, with 81

:25:38.:25:41.

of his MPs defying him by voting in favour of a referendum on British

:25:41.:25:49.

membership of the EU. I have to say to the front bench tonight, shame

:25:49.:25:53.

on you. After that, the Prime Minister cleared his schedule and

:25:53.:25:57.

headed to the EU summit. But it was left to the leaders of the 17

:25:57.:26:00.

eurozone countries to secure a deal. Vince Cable found himself in a spot

:26:00.:26:04.

of bother over an unpaid tax bill. The Business Secretary was forced

:26:04.:26:10.

to pay a �500 penalty for late payment on earnings from media work.

:26:10.:26:14.

An embarrassed by the fact that an honest mistake was not spotted.

:26:14.:26:18.

However I make it absolutely clear that I did not avoid paying tax.

:26:18.:26:20.

And Ken Clarke was forced to changed his sentencing bill

:26:20.:26:24.

conceding to demands that 16 and 17 year olds who commit knife crimes

:26:24.:26:27.

should go to prison. Asked if he and the government were running

:26:27.:26:34.

scared over the threat of another backbench rebellion, he said: That

:26:34.:26:44.
:26:44.:26:45.

Honest Ken Clarke. Now it turns out that this trillion pound bail-out

:26:45.:26:53.

fund, the money does not exist. So the eurozone is cap-in-hand to

:26:53.:26:58.

China. What will the Chinese ask for in return? That is the key

:26:58.:27:03.

question. The art of politics over the next 40 years will be how we

:27:03.:27:07.

learn to negotiate with the rising powers like China and India. Let's

:27:07.:27:11.

face it, Europe is not what it used to be. We will have to learn how to

:27:11.:27:16.

do that, but the question is how we can do that while also keeping true

:27:16.:27:19.

to our moral standards and not being beholden to powers that we

:27:19.:27:28.

disagree with. As they say, it shut up! They will say that about human

:27:28.:27:33.

rights in Tibet. No doubt. I find this situation and embarrassment.

:27:33.:27:37.

It is the direction that things are going in and we will have to get

:27:37.:27:43.

used to it. We are not going there. Not Britain, but the eurozone.

:27:43.:27:46.

Chinese could come up with some money but they are very smart

:27:46.:27:54.

people. They will exact a price. They will love the idea of being

:27:54.:27:57.

centre-stage and being brought in, and complaining about their

:27:57.:28:01.

currency being too weak. True, but there are lots of opportunities

:28:01.:28:04.

that come with that process. It is just about being very clear what

:28:04.:28:07.

your boundaries are and what you will work with and what you will

:28:07.:28:11.

not. David Cameron is meeting with members of the Commonwealth today

:28:11.:28:14.

and you should also be talking about building better links with

:28:14.:28:21.

our Commonwealth partners. Thank you very much for being with us.

:28:21.:28:26.

That is it for this week. Jo will be here on Monday and you can join

:28:26.:28:31.

Jon Sopel for the Politics Show on Sunday. In the meantime, we leave

:28:31.:28:36.

you with images from the Brussels summit, which eurozone leaders hope

:28:36.:28:46.
:28:46.:28:56.