15/01/2014

:00:38. > :00:45.Morning, folks. This is the Daily Politics. His latest poll ratings

:00:46. > :00:48.don't make happy reading, but the Labour leader will be hoping his

:00:49. > :00:51.latest campaign will prove a hit with the public. Mr Miliband's

:00:52. > :00:55.decided to wage war on the bankers again, and let's face it, that's

:00:56. > :01:00.always popular with the public. He's demanding the Government step in and

:01:01. > :01:03.veto bumper bonuses at RBS. George Osborne wants to fix the engine that

:01:04. > :01:07.drives Europe. He's been wanting to give it a major service for a while.

:01:08. > :01:10.This morning he warns of economic catastrophe if the EU fails to

:01:11. > :01:14.reform. Could PMQs hold some surprises this week? Tune in for all

:01:15. > :01:18.the action at midday. And he's been dubbed France's John

:01:19. > :01:22.Major. The grey man of French politics. How wrong they were. We'll

:01:23. > :01:23.be trying to delve into the secret life of President Hollande. It could

:01:24. > :01:32.take some time. All that and more coming up in the

:01:33. > :01:40.next 90 minutes of Golden Globe award- winning TV. Actually that's a

:01:41. > :01:44.lie. The first line of the programme! We've never won a thing

:01:45. > :01:49.in our life. But gracing us with their presence: Best dressed

:01:50. > :01:52.actress, Shadow Energy Secretary Caroline Flint and and best dressed

:01:53. > :01:54.actor, Justice Minister Shailish Vara. Welcome to you both. Now,

:01:55. > :01:57.first today let's talk about something we've never ever talked

:01:58. > :02:00.about before. Europe. Because this morning the Chancellor, George

:02:01. > :02:03.Osborne, has been warning that a failure to reform the European Union

:02:04. > :02:05.and renegotiate the terms of membership would condemn Europeans

:02:06. > :02:11.to "economic crisis and continuing decline". In a speech to a

:02:12. > :02:14.conference in London, Mr Osborne stressed that the European Union

:02:15. > :02:16.must be more competitive to keep up with other global economic powers

:02:17. > :02:27.like China and India. We all knew there was a

:02:28. > :02:32.competitiveness problem in Europe before the crisis, but the crisis

:02:33. > :02:36.has dramatically accelerated shifts in the tectonic economic plates that

:02:37. > :02:41.sea power moving eastwards and southwards on our planet. Over the

:02:42. > :02:47.last six years, the European economy has stalled. In the same period, the

:02:48. > :02:51.Indian economy has grown by more than a third, and the Chinese

:02:52. > :02:58.economy by 70%. Over the next 15 years, Europe's share of global

:02:59. > :03:04.output is forecast to halve. Make no mistake. Our continent is falling

:03:05. > :03:09.behind. That is George Osborne. Shailesh Vara, can your party ever

:03:10. > :03:13.stop talking about Europe? You always said you didn't want to bang

:03:14. > :03:19.on about Europe, but you seem to be doing it. It is an important issue,

:03:20. > :03:24.and the public have an issue in it. But there are other issues as well.

:03:25. > :03:30.What George Osborne is saying today is right, that we have got to ensure

:03:31. > :03:34.that the present European Union reforms, because if it doesn't, it

:03:35. > :03:41.will decline. We are all in it to make sure that there is prosperity

:03:42. > :03:45.for all of us. Do you think the threat of civil war in your party

:03:46. > :03:51.over Europe helps David Cameron's negotiating position with his EU

:03:52. > :03:57.partners? The different views in my party have always been there. And it

:03:58. > :04:03.hasn't helped, has it in terms of the Conservative Party's prospect?

:04:04. > :04:07.Disunity hasn't helped. Many other European leaders are beginning to

:04:08. > :04:11.reflect what their own country's population are beginning to feel and

:04:12. > :04:15.say to them, and they all feel the need for reform and change. So I

:04:16. > :04:18.think the people that David Cameron will deal with, the other European

:04:19. > :04:25.leaders, other people who matter, and they are beginning to get a

:04:26. > :04:28.sense that we form is necessary. If the Conservatives win the next

:04:29. > :04:34.election, in about 24 months, there will be a referendum, and people

:04:35. > :04:38.will be able to decide, in or out. But that isn't proving to be enough

:04:39. > :04:45.for 95 of your Conservative colleagues. That whole speech was

:04:46. > :04:50.designed to placate those who would like to see some moving terms of our

:04:51. > :04:54.relationship with Europe sooner rather than later. But does their

:04:55. > :05:00.position helped the promised or not? The negotiations on with the

:05:01. > :05:04.other European leaders. So he should ignore those people in the party who

:05:05. > :05:11.call for things like a veto of EU law unilaterally when Britain, when

:05:12. > :05:19.it is not in Britain's interests? We have a -- the Prime Minister is

:05:20. > :05:22.clear that if we have a unilateral veto, then other countries could do

:05:23. > :05:28.that and the whole thing starts to fall apart. We want to reform, put

:05:29. > :05:33.together a package and stated in the country. Reform is important, isn't

:05:34. > :05:36.it Caroline Flint? I think reform of the European Union is important, and

:05:37. > :05:42.some things speak to what George Osborne is saying. We do need to

:05:43. > :05:46.look at growth and competition, budget control. We had our view

:05:47. > :05:56.before that there should be a gross commissioner, -- a growth

:05:57. > :06:00.commissioner. I think we need to be clear about what the Chancellor is

:06:01. > :06:05.suggesting, because we are not there to compete with China and India on a

:06:06. > :06:09.low-wage economy. Unless we are going to go for a real race to the

:06:10. > :06:14.bottom, we won't beat them on labour costs, so we have to think

:06:15. > :06:17.differently. So you are happy to keep the regulations like the

:06:18. > :06:21.working Time directive all rights for workers put upon us by the EU,

:06:22. > :06:26.because that would prevent a low-wage economy? I think some of

:06:27. > :06:29.the things like paid holiday is something that we want to keep as a

:06:30. > :06:35.country and across the whole of Europe, because we don't want to be

:06:36. > :06:40.undercut by some of the new entrants with a lower standard of

:06:41. > :06:44.employment. But how do we deal with China and elsewhere, making sure

:06:45. > :06:47.that we have a secure, qualified workforce that is exporting to

:06:48. > :07:02.Europe but also to the rest of the world, including what they call the

:07:03. > :07:08.BRIC countries. Europe Cancer 7% of the world's population and 50% of

:07:09. > :07:15.welfare spending. Is that right? Part of what we should do is to

:07:16. > :07:21.challenge... Do you reject those figures? We need to look at health

:07:22. > :07:24.systems, housing, everything. The aim for Europe should be to

:07:25. > :07:31.encourage better standards elsewhere in the world as well. We had that

:07:32. > :07:35.disastrous factory closing the lack from another part of the world where

:07:36. > :07:45.we source close through prior mark, people wondered how that could

:07:46. > :07:50.happen. -- through Primark. We should always be trying to ensure

:07:51. > :07:57.that these regulations keep everyone safe. Regulations are a burden for

:07:58. > :08:02.business. Safety regulations like Caroline was talking about? We need

:08:03. > :08:04.to make sure there are basic safety measures, but the unnecessary

:08:05. > :08:10.bureaucracy that stems from Europe is stifling. Give me examples of

:08:11. > :08:15.unnecessary bureaucracy. Paperwork. In the farming industry, a farmer is

:08:16. > :08:20.there to look after his crops or his animals. Instead, he has to fill in

:08:21. > :08:27.papers each of his livestock. And on another matter, it is important that

:08:28. > :08:32.you don't knock Britain. We now have more people in employment than ever

:08:33. > :08:37.before. We are actually attracting overseas investment. The largest

:08:38. > :08:47.private-sector employer in this country happens to be the Tata

:08:48. > :08:50.group. Keeping a watch on the amount of paperwork is worthwhile, but

:08:51. > :08:54.let's talk about farmers and what they produce. Farmers in this

:08:55. > :08:57.country and food manufacturers are protected by making sure that the

:08:58. > :09:00.products that they have cannot be copied and sold as the original

:09:01. > :09:06.elsewhere in the European Union, that is protected the market for

:09:07. > :09:10.many of our goods. It is not about always looking at regulation. You

:09:11. > :09:14.have to be clear about what you are talking about. You say you want to

:09:15. > :09:24.attract more investment, but the Mayor of London says that the threat

:09:25. > :09:28.of the exit from the U is a sordid Damocles held over businesses. What

:09:29. > :09:37.do you say to that? A decision has not yet been taken. Businesses have

:09:38. > :09:40.been talking about this one way or another, but at the moment,

:09:41. > :09:47.investment is still coming into this country. Employment is at a high

:09:48. > :09:52.level. You will recall that on this very programme, I talked about the

:09:53. > :09:58.protected status of Stilton cheese. I have been banging on about

:09:59. > :10:03.regulations, and those... You would like a veto on the regulations? Do

:10:04. > :10:07.you agree with those people? No. What I want is for the Prime

:10:08. > :10:10.Minister to negotiate with his counterparts across the European

:10:11. > :10:15.Union to create a package to put to the public who can have final say.

:10:16. > :10:20.Briefly, Caroline, why don't you just give the British people the

:10:21. > :10:23.chance to have a say? There are really important things we need to

:10:24. > :10:27.discuss about the European Union, and the problem with the referendum,

:10:28. > :10:31.is they are putting it out there and we don't know the basis on which it

:10:32. > :10:36.will be held. Hang on a second. You don't know what the European Union

:10:37. > :10:39.will look like after your negotiation and therefore what the

:10:40. > :10:44.question is. Cameron is trying to have it both ways. He says he wants

:10:45. > :10:49.to stay and reform, but he has to throw a bone to those people who

:10:50. > :10:53.will never say and never be satisfied they are out. You just

:10:54. > :11:02.won't want a referendum. You are happy with what we have got. No. Are

:11:03. > :11:06.you finished? It's your turn! The latest odds on who President

:11:07. > :11:15.Hollande will take to the White House. He is odds-on that he will go

:11:16. > :11:22.alone. Valerie Trierweiler, two to one. Julie Gayet, 20 to one. Sig Lim

:11:23. > :11:33.Royale, the mother of his four children, 66 to one. And Carla Bruni

:11:34. > :11:38.is 100 to one. She of course is Mrs Nicolas Sarkozy.

:11:39. > :11:42.Although Labour has made strong running of late, the latest polls

:11:43. > :11:45.have shown that it hasn't had quite the impact on voters that they

:11:46. > :11:51.hoped. Their poll lead has shrunk to just 3%, attributed to the

:11:52. > :11:58.recovering economy. We don't know if that is a rogue result or not. So it

:11:59. > :12:05.looks like Ed Miliband will have to keep trying to turn up the pressure

:12:06. > :12:14.on the Tories. Over to you, Jo. I'm not going to the White House, I can

:12:15. > :12:17.tell you that. You are 600 to one! Another day, another Labour

:12:18. > :12:20.campaign. First it was cost of living, yesterday it was saving the

:12:21. > :12:23.middle classes. And today it's back to banker-bashing. Labour is

:12:24. > :12:26.demanding that the Chancellor stops RBS from paying out bumper bonuses.

:12:27. > :12:29.The maximum bonus, set by the EU, is one year's pay. But this can be

:12:30. > :12:32.doubled if shareholders agree. Labour has tabled a Commons motion

:12:33. > :12:37.calling on the Government, the majority shareholder, to reject any

:12:38. > :12:40.such request. The Treasury seems to have a very different view. They're

:12:41. > :12:45.actually against the EU limit on bonuses itself and are challenging

:12:46. > :12:49.it in the courts. It's a political dilemma - whilst no-one wants to be

:12:50. > :12:52.seen as the banks' best mate, it's taxpayers who'll win if RBS keep

:12:53. > :12:58.talented staff and make loads of money.

:12:59. > :13:04.Thank you for that. And we're joined now by the Editor of City AM,

:13:05. > :13:07.Alistair Heath. Now, David Cameron said last year that we're all

:13:08. > :13:15.Thatcherites now. Also known as the French Ambassador's best friend here

:13:16. > :13:21.in London. What is wrong with the Government exercising their

:13:22. > :13:29.shareholders' writes? There is nothing wrong with it. But if they

:13:30. > :13:36.think that the bonuses should be set at 200% limit, but is also right. So

:13:37. > :13:39.I don't believe that it should be a political issue. It should be a

:13:40. > :13:43.commercial issue in terms of making sure that RBS recovers as quickly as

:13:44. > :13:47.possible and is worth more to the taxpayer when it is eventually

:13:48. > :13:53.privatised. So if the Government is the major shareholder, it should set

:13:54. > :14:01.or OK all have a veto over the bonus? There are two issues here.

:14:02. > :14:05.There is the populist issue of saying no, or the realistic option

:14:06. > :14:10.in recognising that each taxpayer in our country has contributed ?5,000

:14:11. > :14:17.to bailing out RBS, and the ultimate aim has to be to make sure that when

:14:18. > :14:23.we resell RBS, we get maximum value. We could say no to all of this, and

:14:24. > :14:29.it is the taxpayer who suffers. You cut your nose to spite your face.

:14:30. > :14:35.Two simple points we wanted to make. What is the simple answer to my

:14:36. > :14:40.simple question? I am not a Treasury minister. But I'm very happy with

:14:41. > :14:46.what I'm doing at the moment! But clearly it is a dilemma will stop

:14:47. > :14:52.you have not had the talking point or the briefing notes on what the

:14:53. > :14:56.government policy is. You know that the Chancellor is

:14:57. > :15:00.challenging the existing position. That is on the principle, that it

:15:01. > :15:03.would cover all banks, I'm talking about the European Union saying that

:15:04. > :15:09.you can't pay anyone more than one year's salary as a bonus. This is

:15:10. > :15:23.the issue in principle of whether the Government should veto or

:15:24. > :15:30.approve the bonuses at RBS. I am not the minister in charge. But we don't

:15:31. > :15:35.have a policy yet? As far as I am aware, I don't know. You have the

:15:36. > :15:41.simplistic option which is popular, or the realistic option. Or no

:15:42. > :15:44.option at all until you have that made up your mind. You have only

:15:45. > :15:50.owned the bank for about eight years! The request has only just

:15:51. > :16:02.come through. Have we had any requests for bonuses yet? What I

:16:03. > :16:10.heard today is apparently there hasn't been a formal request. But

:16:11. > :16:14.because there is quite a lot of speculation amongst people in the

:16:15. > :16:18.finance community and the media, this request is likely to come

:16:19. > :16:21.forward. It is fair for us to say before we end up with a done deal,

:16:22. > :16:28.through parliament we express a point of view. Even though RBS has

:16:29. > :16:33.not requested any bonuses? Nobody can change it when a deal is done.

:16:34. > :16:39.What we can have an open debate where we can all have our say. As

:16:40. > :16:46.you said, the rules said that banks come up to 100% of someone's salary

:16:47. > :16:52.and 100% of it again for bonuses. But if they want to double it they

:16:53. > :16:58.have to go to their shareholders. We are the biggest shareholders, the

:16:59. > :17:03.taxpayers have nailed out this bank. There is still problems in terms of

:17:04. > :17:07.their lending to business, and on all those counts and there is more

:17:08. > :17:13.and we do not believe it is right they should get a 200% increase. But

:17:14. > :17:19.you would allow them a bonus of up to 100% of their salary? Under the

:17:20. > :17:26.European new rules -- rules which we have supported, which says they can

:17:27. > :17:32.have a bonus of up to 100% but beyond that they have to go to the

:17:33. > :17:38.shareholders. So you support that? Then we have to go to the EU

:17:39. > :17:44.legislation. We are a shareholder in this organisation. We get the

:17:45. > :17:50.principle. George Osborne is trying to get rid of that. Every other bank

:17:51. > :17:54.would go for 200%. But does that say something about the sector. Do you

:17:55. > :18:02.want to ban bonuses in banks on do you want to restrict them to 50%.

:18:03. > :18:08.The problem at the moment is, if you are allocating resources and hiring

:18:09. > :18:11.people, what the Labour policy will be on this? I understand there was

:18:12. > :18:16.an increase on the numbers of people coming to work in the financial

:18:17. > :18:21.sector and trading in the last year by a considerable sum. It does not

:18:22. > :18:25.look like there is a stem on the flow of people wanting to work in

:18:26. > :18:28.this sector. We have to make sure the crisis that came about through

:18:29. > :18:34.poor financial management in this sector and a bonus culture that

:18:35. > :18:40.encouraged wrongdoing, we don't find ourselves in the same position.

:18:41. > :18:50.Excuse me, it is not a monologue. What would happen if RBS is limited

:18:51. > :18:55.to 100% and H -- HSBC pays 300%. They will have to get on with their

:18:56. > :19:02.jobs. You say that, but all the good people will move to HSBC. This is

:19:03. > :19:07.always the arguments, whether it is the banking sector or energy, if you

:19:08. > :19:12.make any changes to upset the status quo it will all go under and fail. I

:19:13. > :19:16.don't think that is true. It has been used against politicians

:19:17. > :19:22.against making changes when we should have made changes. It stands

:19:23. > :19:28.to reason any market economy, until Ed Miliband gets into power, if a

:19:29. > :19:33.bank is paying a bonus three times bigger than another bank, the people

:19:34. > :19:39.will leave, will they not? This sector is not sure in terms of

:19:40. > :19:44.people. He is the city journalist. Base pay is going up and bonuses are

:19:45. > :19:53.falling. A greater proportion of pay is paid out in cash, rather than in

:19:54. > :19:58.this bonuses. I would rather see transparency on the base pay. Short

:19:59. > :20:02.term compensation, as a result of capping bonuses, you get shorter

:20:03. > :20:07.term pay rather than longer term pay that can be clawed back. We don't go

:20:08. > :20:12.to nurses or doctors and say, you will get 100% bonus. If RBS got

:20:13. > :20:19.round this, and the way around it is, the European Union sets this

:20:20. > :20:25.rule the bonus can only be 100% of your salary, capped at that and for

:20:26. > :20:33.most people it would be a lot of money. What is to stop the banks

:20:34. > :20:38.saying, you are on 1 million, have 2 million. If RBS came and started to

:20:39. > :20:51.do that, would you intervene to stop salary is going up? What we need to

:20:52. > :20:54.be mindful of its we have this cap, salaries will be there to get around

:20:55. > :21:02.the bonuses. You will get allowances. They will be thrown in.

:21:03. > :21:13.Would you intervene? I want to see a commercial... Just say it. I am an

:21:14. > :21:19.serene yet. I am sorry you don't like the answer. I would like the

:21:20. > :21:29.maximum benefit for the taxpayer. That is a fair enough point. Let me

:21:30. > :21:35.ask you this, since I cannot get the reply I want here, Labour's policy

:21:36. > :21:40.as I understand it, Ed Miliband is going to announce you will cap any

:21:41. > :21:47.bank from holding more than 25% of the domestic banking market, is that

:21:48. > :21:52.right? I will not get into what Ed Miliband is going to talk about in

:21:53. > :22:00.his speech and announce on Friday. What I will say, Ed Miliband will be

:22:01. > :22:03.talking on how do we earn a higher standard of living and make the

:22:04. > :22:07.right reforms, it is not just about ranking and other sectors, to make

:22:08. > :22:13.sure we can have a competitive economy, transparent and fair. You

:22:14. > :22:18.will have to wait 72 hours. I am only asking because you are prepared

:22:19. > :22:22.to tell RBS what it should do before they announce any bonuses at all,

:22:23. > :22:30.but you will not tell us what the 25% is. We need more competition in

:22:31. > :22:34.retail banking. We need to make it easier for new entrants into the

:22:35. > :22:40.market and make it easier for people to switch bank accounts. Capping of

:22:41. > :22:47.25% robs any bank of the incentive to grow. A bank will want to fight

:22:48. > :22:52.for more customers. You can only get a new customer if a customer leaves

:22:53. > :22:55.or dies. The banking service will collapse and get rid of

:22:56. > :23:00.underperforming customers. If you don't earn much money, they will not

:23:01. > :23:07.want you. It is the wrong way to do it. We are going to have to leave it

:23:08. > :23:12.there and wait till Friday. I can hardly wait. I have sleepless nights

:23:13. > :23:19.ahead of me. Enjoy your lunch at the French Embassy.

:23:20. > :23:24.Now, David Cameron said last year that we're all Thatcherites now. And

:23:25. > :23:27.it turns out he really wasn't kidding. Because the BBC has

:23:28. > :23:29.discovered that the socialist firebrand, working-class hero and

:23:30. > :23:32.one-time scourge of the establishment, I speak of none other

:23:33. > :23:36.than Arthur Scargill, former leader of the National Union of

:23:37. > :23:45.Mineworkers, was something of a Thatcherite himself. That cannot be,

:23:46. > :23:49.you say to me. The BBC's Inside Out programme has found legal documents

:23:50. > :23:52.showing he was happy to use one of Thatcher's flagship policies, the

:23:53. > :23:55.right to buy scheme, to try to purchase his council flat in

:23:56. > :23:58.London's Barbican. The application was turned down because the flat

:23:59. > :24:05.wasn't his primary residence. He says he was planning to buy it and

:24:06. > :24:12.hand it over the NUM. His former union, which paid his rent until

:24:13. > :24:16.2011, isn't exactly convinced. Well Arthur, worry not, because we've got

:24:17. > :24:23.one valuable asset that you can get your hands on without charges of

:24:24. > :24:29.hypocrisy to the cause. Yes it's the Daily Politics mug. There's no right

:24:30. > :24:38.to buy one, but you can win one in our Guess the Year competition. Well

:24:39. > :24:44.done. We'll remind you how to enter in a minute, but let's see if you

:24:45. > :24:55.can remember when this happened. I Franklin Roosevelt do solemnly

:24:56. > :25:15.swear... The only thing we have two fear is fear itself.

:25:16. > :25:29.There would have been no Shakespeare, no Newton. They must be

:25:30. > :25:57.prepared to make their contribution in disarmament.

:25:58. > :26:03.To be in with a chance of winning a Daily Politics mug, send your answer

:26:04. > :26:07.to our special quiz e-mail address. And you can see the full terms and

:26:08. > :26:15.conditions for Guess The Year on our website.

:26:16. > :26:19.It's coming up to midday here, just take a look at Big Ben. That can

:26:20. > :26:24.mean only one thing - yes, Prime Minister's Questions is on its way.

:26:25. > :26:31.And that's not all, Nick Robinson is here.

:26:32. > :26:36.I don't think we have to wait until Friday to hear what Ed Miliband is

:26:37. > :26:40.going to say about the banks. It is hard to find anybody who is not in

:26:41. > :26:50.favour of more competition in the banking sector. Ed Miliband will

:26:51. > :26:59.talk about a sex -- cap and that specific figure of a 25% cap on

:27:00. > :27:04.market share is not right. But the idea of a cap, the idea that banks

:27:05. > :27:08.cannot get too big and if they do they have do sell off their

:27:09. > :27:14.branches, sell them off not to the other competitors, but these new

:27:15. > :27:18.competitor banks, Challenger banks, I am sorry. That is at the heart of

:27:19. > :27:24.this new proposal by Ed Miliband. The government is likely to say

:27:25. > :27:30.there has a lot been done to promote competition already, and there is a

:27:31. > :27:34.legal obligation to bring about banking competition. It has not

:27:35. > :27:40.happened yet. So you either say, it will happen, or as Ed Miliband will

:27:41. > :27:44.say on Friday, no, more needs to be changed to force that to happen. And

:27:45. > :27:57.this idea of a capital share is borrowed from the United States. 25%

:27:58. > :28:00.of what? It won't be 25%. What then? That is what we will have to wait

:28:01. > :28:08.until Friday for. Are you talking about the number of ranchers, we

:28:09. > :28:15.will have to wait for that detail. I am not going to pre-empt his speech

:28:16. > :28:19.on Friday. What we are addressing is there needs to be more competition.

:28:20. > :28:25.Everybody agrees with that. There you go, that is the lead up to

:28:26. > :28:32.Friday. He has worked it out and you will have it on Friday. After three

:28:33. > :28:37.or four years now, there is still a lot more that needs to be done in

:28:38. > :28:41.this sector. As his shadow Energy Secretary, I know it is another

:28:42. > :28:50.sector where you can see reform is necessary and we need to do more. It

:28:51. > :28:54.is a debate which means the means rather than the ending in politics.

:28:55. > :28:59.All of the party said there is too much dominance of the big five. It

:29:00. > :29:06.is smaller in Scotland. If you live in Scotland, it is probably a big

:29:07. > :29:11.three, or a 2.5. Everyone agrees, the question is the mechanism. The

:29:12. > :29:22.European Commission forced the banks to off-load certain branches. That

:29:23. > :29:26.is why we got the TSB. People find it hard to sell the branches. So the

:29:27. > :29:32.theory is often shared by politicians and regulating, but

:29:33. > :29:41.doing it. What is going to come up in PMQs? I think banking. I think

:29:42. > :29:46.about bonuses. David Cameron and George Osborne grand standard on

:29:47. > :29:53.bonuses when they were in opposition and now the Labour Party is

:29:54. > :29:59.grandstanding on bonuses. It is a large, open goal. Would you like to

:30:00. > :30:05.criticise bankers? Yes. But when we are ministers, we do things

:30:06. > :30:10.differently than what we said we would do. All three of the big

:30:11. > :30:16.parties do things differently. I am glad you have noticed that. On that

:30:17. > :30:24.very point. Caroline has forgotten who got us into the banking mess in

:30:25. > :30:28.the first place. The bankers worldwide got us into this.

:30:29. > :30:32.Politicians did not do enough at the bankers were allowed to get on with

:30:33. > :30:40.things and cause those problems. Give it a rest. We are all on track.

:30:41. > :30:48.Will the Prime Minister face any attacks from his own side 's? There

:30:49. > :30:53.is the question on Europe. Yesterday he had a meeting on European policy.

:30:54. > :30:57.Just as they were going to ask him questions about Europe, potentially

:30:58. > :31:04.he said, this is Craig Oliver who will make a presentation on why we

:31:05. > :31:08.should stay united until the next election and funnily enough, the

:31:09. > :31:20.question of Europe never came up will stop but 100 Tory MPs signed a

:31:21. > :31:23.motion saying we should renegotiate with Europe.

:31:24. > :31:34.Let's go over to the House of Commons.

:31:35. > :31:39.Launched last week, action on a sugar aimed to reduce the sugar

:31:40. > :31:47.content of food and drinks by up to 20%, because of the epidemic in

:31:48. > :31:50.obesity and type two diabetes. Voluntary arrangements with

:31:51. > :31:53.manufacturers have not work. Will the Prime Minister agreed to meet

:31:54. > :31:56.with a delegation of health experts to discuss this, and can we enlist

:31:57. > :32:04.his support in the war on sugar by asking him to give up sugar and

:32:05. > :32:06.sugary drinks for one day this weekques-mac I'm sure that last

:32:07. > :32:12.proposal will have the strong support of Mrs Cameron, so I will

:32:13. > :32:15.take that up if I possibly can. I commend the honourable gentleman for

:32:16. > :32:22.raising this issue and for speaking out on the issues of diabetes and

:32:23. > :32:29.obesity with such consistency, because they are important issues.

:32:30. > :32:34.We are rolling out the NHS programme to identify although is at risk of

:32:35. > :32:39.diabetes. Childhood obesity rates are falling, but there is more to be

:32:40. > :32:42.done. I am happy to facilitate discussions between him and I am

:32:43. > :32:49.right honourable friend the Health Secretary. We take this seriously,

:32:50. > :32:53.and there is more to be done. Last week, I had the honour of

:32:54. > :32:56.opening the new network rail regional operating centre at three

:32:57. > :33:06.bridges in my constituency. Can my right honourable friend say

:33:07. > :33:11.what investment this gov-mac is putting into the existing rail

:33:12. > :33:21.network to help commuters as travellers as part of the long-term

:33:22. > :33:26.economic planques-mac investing in infrastructure is a key part of our

:33:27. > :33:32.long-term plan. We need to see major investment in the south-east, with

:33:33. > :33:37.Thames Link, crossrail and east-west rail all delivering services, and

:33:38. > :33:42.between 2015 and 2020, we are planning to invest over 66 alien in

:33:43. > :33:46.roads, rail and local transport, and it is important to make the point

:33:47. > :33:55.that that is three times as much as they proposed investment in HS2, so

:33:56. > :34:09.that will not take the majority of the money as suggested. RBS are

:34:10. > :34:19.expected to ask the Government to approve bonuses of multi-million

:34:20. > :34:24.pound salaries. We will continue with our plans for RBS that have

:34:25. > :34:27.seen bonuses come down by 85%, that have seen the bonus pool at one

:34:28. > :34:34.third of the level that it was under Labour, and I can confirm today that

:34:35. > :34:37.just as we have had limits on cash bonuses of ?2000 at RBS this year

:34:38. > :34:44.and last year, we will do the same next year as well. I think we can

:34:45. > :34:47.all agree with the general sentiment he expresses about bonuses, but

:34:48. > :34:52.today I am asking a specific question. RBS are talking to parts

:34:53. > :34:57.of the Government about the proposal to pay over 100% bonuses. He is the

:34:58. > :35:02.Prime Minister. The taxpayer will foot the bill. Will he put a stop to

:35:03. > :35:09.it right now by telling RBS to drop this idea? I will tell you exactly

:35:10. > :35:13.what we are saying, and it is this. If there are any proposals to

:35:14. > :35:17.increase the overall pay that is pay and bonus bill at RBS at the

:35:18. > :35:21.investment bank, any proposals for that, we will veto it. What a pity

:35:22. > :35:28.the past government never took such an approach.

:35:29. > :35:47.However long it takes, the questions will be heard, and the answers will

:35:48. > :35:50.be heard. Mr Ed Miliband. I am not asking about increases in pay and

:35:51. > :35:55.bonuses. I am asking a simple question. A simple question about

:35:56. > :36:03.the proposal expected to come forward from RBS which is to pay

:36:04. > :36:08.more than 100% bonuses on pay. When RBS is making a loss, when they

:36:09. > :36:11.themselves say they have been failing small businesses and these

:36:12. > :36:16.kind of bonuses leads to risky one-way bets, this shouldn't be

:36:17. > :36:20.allowed to happen. When ordinary families are facing a cost of living

:36:21. > :36:25.crisis, surely he can say that for people earning ?1 million, a bonus

:36:26. > :36:30.of ?1 million should be quite enough! If he is not asking me about

:36:31. > :36:38.the overall pay and bonuses, why on earth isn't he? What I have said

:36:39. > :36:40.very clearly is that the remuneration, the total pay bill at

:36:41. > :36:47.that investment bank, must come down. But I have to say, to get a

:36:48. > :36:50.lecture from the right honourable gentleman when we had from them the

:36:51. > :36:57.biggest bust anywhere in the world with RBS, we had 125% mortgages at

:36:58. > :37:03.Northern rock. We had all the embarrassment about Fred Goodwin. He

:37:04. > :37:09.comes here every week to complain about a problem created by the

:37:10. > :37:13.Labour Party. Last week it was betting, this week it is banking. He

:37:14. > :37:19.rises up with all the moral authority of reverend flowers,

:37:20. > :37:21.whereas the apology? For the mess they made of RBS in the first

:37:22. > :37:39.place! In the last two years, my counsel

:37:40. > :37:42.has created millions of pounds worth of inward investment, halved youth

:37:43. > :37:49.unemployment and seen record numbers of new businesses starting up.

:37:50. > :37:52.Sutton is also the home of the world Master Hospital. Given that life

:37:53. > :37:56.sciences are an engine for innovation and growth, what support

:37:57. > :38:00.will the government gave to realise Sutton's plan of a life science

:38:01. > :38:03.cluster based around these world-renowned centres of

:38:04. > :38:06.excellence? I think my friend makes a good point

:38:07. > :38:11.about the strength of that Sutton house. Obviously we have the painted

:38:12. > :38:15.box to attract life science businesses to Britain. We also have

:38:16. > :38:20.the investment in apprenticeships, and that is important. And the

:38:21. > :38:23.office of the life sciences which brings business and health together

:38:24. > :38:27.to help bring life sciences jobs here, working with local enterprise

:38:28. > :38:34.partnerships. I think there is a great opportunity for more

:38:35. > :38:45.investment. The Mark Duggan inquest concluded last week with a verdict

:38:46. > :38:53.of unlawful killing. -- lawful killing. Does the Prime Minister

:38:54. > :38:57.accept it is now urgent that we we form the Independent Police

:38:58. > :39:01.Complaints Commission? I commend what he said about the importance of

:39:02. > :39:05.people respecting the outcome of the inquest. We had proper legal

:39:06. > :39:11.processes, and we should respect their outcomes. He also knows there

:39:12. > :39:15.is still an ongoing independent police investigation into that case,

:39:16. > :39:19.and we should let it do its work. I am always repaired to look at

:39:20. > :39:26.reforms of organisations like this. There was a big reform some time ago

:39:27. > :39:31.to make the IPCC more independent. I am happy to look at arguments. In

:39:32. > :39:38.the issue of PC Wallace, this was deeply shocking to see an e-mail

:39:39. > :39:41.that purported to be someone who had witnessed an event, and you are told

:39:42. > :39:45.it is a member of the public, and then it turns out it is a serving

:39:46. > :39:51.police officer, that is deeply troubling. The vast majority of the

:39:52. > :39:54.British police service do a magnificent job and put their lives

:39:55. > :39:57.on the line for us they after day. I am happy to look at proposals for

:39:58. > :40:03.how we can strengthen these arrangements. Will the Prime

:40:04. > :40:14.Minister join me in congratulating the street crime commission in my

:40:15. > :40:19.constituency, and can he see how with D2N2 money, they are creating a

:40:20. > :40:31.expansion programme which will increase jobs by 20%, and their

:40:32. > :40:35.expert s across the world show how it can be done. We have seen the

:40:36. > :40:39.regional growth fund produce some real economic success stories, and

:40:40. > :40:44.that is being combined with our long-term economic plan to encourage

:40:45. > :40:48.businesses to take on employees, but in place the infrastructure, and as

:40:49. > :40:51.he says quite importantly, to back exports in terms of Britain's

:40:52. > :40:57.performance and get out there and sell to the world. Given that we

:40:58. > :40:59.have recently heard reports that half a dozen terrorist suspects

:41:00. > :41:05.could soon be released onto our streets, can the Prime Minister give

:41:06. > :41:09.an assurance of public safety that it will not be compromised or put at

:41:10. > :41:13.risk once the Government's latest experiment in terrorism controls

:41:14. > :41:16.expires? I can assure her and the house that

:41:17. > :41:20.we will always take every step necessary to keep the British public

:41:21. > :41:25.safe. I think that the measures are working well. It is a myth to

:41:26. > :41:30.pretend that control orders would be kept in place for ever. Many people

:41:31. > :41:34.were taken off control orders during the existence of that set of

:41:35. > :41:37.measures. All of the time, I listened very carefully to the head

:41:38. > :41:40.of the Metropolitan police service and the heads of the Security

:41:41. > :41:47.service who are involved in drawing up these measures, and who advises

:41:48. > :41:49.on how to keep our country safe. In the first six months of last

:41:50. > :41:56.year, Shrewsbury benefited from the highest number of is nurse start-ups

:41:57. > :42:01.in our town's history. Now the unemployed claimant count is down to

:42:02. > :42:04.2.5% in Shrewsbury. Will the Prime Minister join me in praising our

:42:05. > :42:09.entrepreneurial spirit, and redouble Government efforts in the West

:42:10. > :42:16.Midlands to help more shrews brief Ernst export? My honourable friend

:42:17. > :42:20.is absolutely right. We are seeing an enterprise revolution in our

:42:21. > :42:24.country again. 400,000 more businesses in existence today

:42:25. > :42:31.compared with 2010. Add the point he makes about small businesses and

:42:32. > :42:34.exports is important. If we can turn it the number of businesses

:42:35. > :42:39.exporting from one in five to one in four, we would wipe out our trade

:42:40. > :42:43.efforts it. I encourage him to do everything he can, with other

:42:44. > :42:51.colleagues, to back Britain's entrepreneurs.

:42:52. > :42:58.Mr Speaker... There are areas all over the country with planning

:42:59. > :43:07.permission for houses where nothing is happening. Some of them being

:43:08. > :43:12.hoarded by developers. I am in favour of giving powers to say to

:43:13. > :43:16.developers that to hold land without developing it, use it or lose it.

:43:17. > :43:21.The Prime Minister said that was not. Does he still believe it? We

:43:22. > :43:25.have just had a demonstration of the grasp of maths that was involved in

:43:26. > :43:30.the Treasury. No wonder we had banks collapsing and all the rest of it. I

:43:31. > :43:35.would say that house-building is picking up. We are seeing a big

:43:36. > :43:41.increase in housing starts, a big increase in housing completion. Why

:43:42. > :43:49.I think is that his policy, as he kindly put it, is nuts, is that to

:43:50. > :43:53.confiscate land from developers, they won't go ahead with the

:43:54. > :43:57.building in the first place. This will put a freeze on building,

:43:58. > :44:03.rather than getting on with it. The Prime Minister is incredibly

:44:04. > :44:06.complacent. House completions are at their lowest level since 1924, and

:44:07. > :44:12.I'm interested in what he says about the policy, because his own housing

:44:13. > :44:17.minister says that the policy might make a contribution, and the Mayor

:44:18. > :44:22.of London says, we should be able to have a use it or lose it clause.

:44:23. > :44:25.Developers should be under no illusions that they can just sit on

:44:26. > :44:30.their land and wait for prices to go up. So is the policy nuts, or is it

:44:31. > :44:35.the right thing to do? What we need to keep going with is the policies

:44:36. > :44:41.of this Government that are seeing house-building increase. Nearly

:44:42. > :44:45.400,000 new homes delivered since 2010, housing starts in the last

:44:46. > :44:52.quarter at their highest level for five years, 89% higher than the

:44:53. > :44:55.trough in 2009 when he was sitting in the cabinet, a 16% increase in

:44:56. > :44:59.housing starts in the last 12 months. But here is the question he

:45:00. > :45:04.needs to answer. His shadow ministers go around opposing our

:45:05. > :45:08.planning reforms even though they are important to get Britain

:45:09. > :45:12.building, and time and again they are criticising proposals like help

:45:13. > :45:15.to buy that are helping our fellow countrymen and women realise the

:45:16. > :45:19.dream of home ownership. And here is one for him. If he cares about

:45:20. > :45:22.house-building at home ownership, why not make those Labour council

:45:23. > :45:36.get on with selling council houses to hard-working people? In Labour

:45:37. > :45:40.councils they are building more houses ban in Tory councils.

:45:41. > :45:44.I am still no clear at the end of this exchange about what he thinks

:45:45. > :45:50.about the use it or lose it policy. He does not know what he thinks.

:45:51. > :45:56.Here is the reality, he is not doing enough to close the gap between

:45:57. > :46:04.supply and demand. The truth is, the number of social housing starts is

:46:05. > :46:10.down, rents are rising. Does he accept Britain is building 100,000

:46:11. > :46:14.fewer homes than we need to meet the man is? Of course we need to build

:46:15. > :46:21.new homes and that is why we have reformed the planning system. That

:46:22. > :46:25.is why we have Help to Buy, which they oppose. What we are seeing, he

:46:26. > :46:30.is now having to jump around all over the place. It started off with

:46:31. > :46:35.the deficit reduction is not going to work. He cannot make that

:46:36. > :46:40.argument. Then it was, we needed to land be, but he cannot make that

:46:41. > :46:44.argument. Then it was the cost of living but yesterday we saw

:46:45. > :46:49.inflation fall by 2%. What we see is a government with a long, economic

:46:50. > :47:02.plan and an opposition that does not have a clue. Order, order. Can I

:47:03. > :47:08.welcome the government commitment to make sure Mike constituency benefits

:47:09. > :47:18.from shale gas. But can the government do more and the

:47:19. > :47:21.scientific community to do more to reassure the worries people have

:47:22. > :47:26.about the technology and environmental impact? He is right to

:47:27. > :47:34.raise this and make the remarks he does. Shale gas has potential for

:47:35. > :47:37.the country. If we recovered 7% of the shares it would provide us with

:47:38. > :47:42.gas in this country for 30 years. But we need to do a better job in

:47:43. > :47:48.explaining and working with communities about the benefits and

:47:49. > :47:52.talking frankly about the process. There are a huge amount of myths put

:47:53. > :47:56.around to frighten people. We can see in the United States it can be

:47:57. > :48:01.extract could safely and cleanly, affecting affect live and low-cost

:48:02. > :48:06.green energy for homes and businesses and make our country more

:48:07. > :48:17.competitive. As we sit here, there are six British nationals, including

:48:18. > :48:22.a former paratrooper languishing in prison in a prison because they were

:48:23. > :48:28.taken prisoner off a ship. Can the Prime Minister discussed this issue

:48:29. > :48:31.to see if we can get these former paratroopers and released from

:48:32. > :48:36.prison? I know how important this issue is and I raised it personally

:48:37. > :48:40.with the Indian government ministers when I was in India. I have

:48:41. > :48:45.discussed it with the Foreign Secretary and I will go on to make

:48:46. > :48:58.sure we can do and we can. We will arrange a meeting. Investing in

:48:59. > :49:03.research and innovation is essential for our economic future. Does the

:49:04. > :49:08.Prime Minister agreed that the Open University's research project to

:49:09. > :49:12.improve is one example on how Milton Keynes is leading the way in

:49:13. > :49:19.securing long-term economic plan? I visited the opening -- Open

:49:20. > :49:24.University at Milton Keynes. It is leading a very important export

:49:25. > :49:31.drive in terms of our universities. I congratulate Milton Keynes for the

:49:32. > :49:34.representation. There are many opportunities for Milton Keynes, not

:49:35. > :49:39.least provided by HS2 as well and I look forward to discussing it with

:49:40. > :49:46.him in the future. Constituencies tell me they cannot afford food,

:49:47. > :49:51.cannot keep warm or put petrol in the car to go to work. Will the

:49:52. > :49:57.Prime Minister finally accept the cost of living is stretching

:49:58. > :50:02.families to breaking point? Will he accept we are still recovering from

:50:03. > :50:09.the great recession that took ?3000 out of a typical income. But we are

:50:10. > :50:12.seeing more people in work, including in Wales, real wages

:50:13. > :50:17.starting to rise. Yes it is difficult, yes it is hard work, but

:50:18. > :50:22.the economy is growing and we want the recovery for everyone in the

:50:23. > :50:27.country. The number of people in Herefordshire in receipt of

:50:28. > :50:31.job-seeker's allowance fell 31% between November 2012 and November

:50:32. > :50:39.2013. Youth unemployment fell by 40%. Does the Prime Minister share

:50:40. > :50:44.my view the government's long-term plan is already giving employers the

:50:45. > :50:49.confidence to get hiring again? I am grateful for what he says. The key

:50:50. > :50:54.part of the long-term economic plan is to see a growing number of people

:50:55. > :50:59.in work in the country. We see 1.2 million more people in work in the

:51:00. > :51:03.West Midlands. Employment has risen by 60,000 since the election. There

:51:04. > :51:08.is still further to go, particularly in the West Midlands where we need

:51:09. > :51:14.to get young people back to work but the figures in his constituency are

:51:15. > :51:20.very encouraging. Instead of ordering a civil servant to

:51:21. > :51:29.investigate, why doesn't he just ask the Lords Geoffrey Howe and Leon

:51:30. > :51:32.Britton on whether they agreed with Margaret Thatcher and if it had

:51:33. > :51:41.something to do with the Westlands helicopter deal? I think he is

:51:42. > :51:45.looking at a conspiracy Theatre. It is important we get to the bottom of

:51:46. > :51:51.what happened. He will establish this urgently and establish the

:51:52. > :51:55.facts. I want this process to be fast and find out the truth and the

:51:56. > :52:02.findings will be made public. I will never forget my own visit to the

:52:03. > :52:06.Golden Temple, it is one of the most beautiful places on this planet and

:52:07. > :52:13.what happened 30 years ago led to a tragic loss of life. It is a source

:52:14. > :52:17.of deep pain to Sikhs everywhere. I completely understand the concerns

:52:18. > :52:22.of these papers raise. Let's wait for the outcome of the review. I

:52:23. > :52:26.don't want to prejudge the outcome, but so far it has not given any

:52:27. > :52:33.evidence to contradict the insistence by senior Indian army

:52:34. > :52:38.commanders responsible at the time, that the responsibility for this was

:52:39. > :52:42.planned and carried out by the Indian army. It is important to do

:52:43. > :52:48.that, but we do need an enquiry. On the 30th of January I will be

:52:49. > :52:52.holding a skills flair for 70 businesses and training

:52:53. > :52:58.organisations targeting young people with job opportunities. If Carlisle

:52:59. > :53:01.is to prosper it needs a skilled workforce. Will the Prime Minister

:53:02. > :53:05.give his support to this event and confirm he will remain committed to

:53:06. > :53:14.training and upscaling the young so they benefit personally and local

:53:15. > :53:18.and national businesses succeed? I commend my honourable friend for

:53:19. > :53:22.what he is carrying out in Carlisle. These jobs fairs and skills fairs

:53:23. > :53:27.and encouraging young people to think about apprenticeships and

:53:28. > :53:30.encourage people to train is some of the most important things we can do.

:53:31. > :53:37.We have 1.5 million apprenticeships started since the election --

:53:38. > :53:46.election. We must keep up this good work. The Prime Minister will be

:53:47. > :53:54.aware of the grave concern among British Sikhs about the reports in

:53:55. > :54:01.recent days of UK involvement to storm the Golden Temple. Those

:54:02. > :54:09.events resulted in the death of thousands of innocent Sikhs and this

:54:10. > :54:12.has left lasting grief and pain in the Seca community here in the UK

:54:13. > :54:19.and around the world. It is an open wound which will not heal until the

:54:20. > :54:23.truth is told. Can I ask him on the process he has set up, he will

:54:24. > :54:28.ensure there is full disclosure of all government papers and

:54:29. > :54:31.information from that time. And there is also a proper statement in

:54:32. > :54:38.this house where ministers can be questioned about this? Can I agree

:54:39. > :54:43.with him about the deep scars this event left and the strong feelings

:54:44. > :54:47.that exist to this day. Anyone who visits the Golden Temple and sees

:54:48. > :54:53.what an extraordinary place of peace and tranquillity it is, knows how

:54:54. > :54:56.powerful this point is. We are going to make sure this enquiry is held

:54:57. > :55:04.properly. Its findings will be made public. In the end, I don't think

:55:05. > :55:08.anyone should take away the responsibility for these events,

:55:09. > :55:13.with the people who are properly responsible for them. I am sure the

:55:14. > :55:18.enquiry will find that. In terms of holding a statement and revealing

:55:19. > :55:23.this information to the House, I think the statement might be the

:55:24. > :55:30.right approach. Come Prime Minister speak to his colleagues about the

:55:31. > :55:35.financial incentives for fracking be passed to parishes so those

:55:36. > :55:39.communities can choose how the money is spent rather than having to

:55:40. > :55:44.compete with district and county councils with other priorities? What

:55:45. > :55:50.we have set out is the overall level of financial support, so 100 hours

:55:51. > :55:57.and pounds when a well is Doug. And up to ?1 million because of the

:55:58. > :56:02.amount of revenue. And the business rates which could have a significant

:56:03. > :56:07.effect on local government finance. The point she makes is how do you

:56:08. > :56:11.divide batter between parishes, districts and counties and

:56:12. > :56:14.individual payments to households who might be inconvenienced. We

:56:15. > :56:19.should look at local options and make sure parishes and individual

:56:20. > :56:23.people will benefit. It is something colleagues will want to discuss so

:56:24. > :56:28.we can get this right and help this industry to take off. I am not sure

:56:29. > :56:33.if members are aware that anyone joining the police force will have

:56:34. > :56:38.to pay ?1000 for a certificate before they even fill in the

:56:39. > :56:43.application form. A ?1000 tax or make it harder for the police to

:56:44. > :56:48.look like the community it serves and I represent. It will put off

:56:49. > :56:51.young people from poorer backgrounds and ethnic minorities from joining

:56:52. > :57:02.the police. We know the Prime Minister at Myers characters like

:57:03. > :57:06.Harry Flashman. But Army commissions were abolished in 1871, why is it

:57:07. > :57:12.being introduced to the police in the 21st century? What we are trying

:57:13. > :57:16.to do through the College of policing is to even further

:57:17. > :57:20.professionalise this vital profession but I will make sure the

:57:21. > :57:26.Home Secretary contacts her about this issue. What is the point of

:57:27. > :57:40.anyone clinging onto a plan B when plan a is so obviously working? It

:57:41. > :57:45.is not just plan B we're not hearing about, they have stopped talking

:57:46. > :57:50.about the cost of living. They have stopped about how the deficit would

:57:51. > :57:54.not dumbed down. They told us growth would never come, and we would lose

:57:55. > :58:00.a million jobs rather than gain a million jobs. The biggest thing of

:58:01. > :58:06.all is the silence of the Shadow Chancellor. They have got this big

:58:07. > :58:11.debate today on banking, but he wasn't allowed on the radio, he

:58:12. > :58:16.won't be speaking in the House of Commons. They have a novel idea, you

:58:17. > :58:23.hide your Shadow Chancellor by leaving him on the front bench! The

:58:24. > :58:27.Prime Minister has previously shown considerable leadership in

:58:28. > :58:32.apologising to victims of state violence in Northern Ireland.

:58:33. > :58:35.Unfortunately those victims of paramilitary violence have not had

:58:36. > :58:42.access to such apologies. Does the Prime Minister agree the proposals

:58:43. > :58:45.of dealing with the past offer the best opportunity for victims and

:58:46. > :58:50.survivors to receive truth and justice? Will he commit, as Prime

:58:51. > :58:55.Minister, to backing those proposals, help why cooperating and

:58:56. > :59:06.funding those proposals? I think there is a lot of merit in the Dr

:59:07. > :59:09.Haass proposals. Peter Robinson, the first Minister of Northern Ireland,

:59:10. > :59:13.described them as providing the architecture for future agreement

:59:14. > :59:19.and discussion. I hope we can take his work, including the difficult

:59:20. > :59:23.work done on the past and take that forward with all sides trying to

:59:24. > :59:28.agree. I am not sure if the Prime Minister is a follower of benefit

:59:29. > :59:32.Street on Channel four. But there is a street like this in every

:59:33. > :59:37.constituency. Does he agree with me that as part of our long-term

:59:38. > :59:42.economic plans and make sure the benefits system is therefore people

:59:43. > :59:47.who need it. It is not a lifestyle choice and people don't get trapped

:59:48. > :59:51.in it? I have only managed to catch a small amount of this programme but

:59:52. > :59:56.it rings home the point that we need a welfare system that is tailored to

:59:57. > :00:01.make sure work always pays. But there is a second point that many

:00:02. > :00:04.people in our country have multiple disadvantages and problems where

:00:05. > :00:10.they need help to get out of poverty and benefit dependency. It is not

:00:11. > :00:16.just about tailoring a benefit system to make it pay, but also

:00:17. > :00:21.change the things that keep them out of work and earning a decent living.

:00:22. > :00:27.May I say to the Prime Minister as someone who strongly supports shale

:00:28. > :00:32.gas extraction by fracking, that however well-intentioned his current

:00:33. > :00:38.package will not assuage local communities who are on a cross-party

:00:39. > :00:44.basis in Lancashire treated his latest offers us derisory. Why can't

:00:45. > :00:49.he sit down with the cross-party Local Government Association and

:00:50. > :00:52.negotiate with them on the proposal, as in other countries, for 10% of

:00:53. > :00:57.revenues to be shared with local communities? I thought the proposals

:00:58. > :01:04.from some members would be 10% of profits. But I say 1% of revenues,

:01:05. > :01:10.which start running the moment the show comes out of the ground, maybe

:01:11. > :01:13.a better offer. I am happy to sit down with anybody to discuss this

:01:14. > :01:18.because shale is important to our country. Having been to see on

:01:19. > :01:20.Monday, the oil platforms that are already there on the

:01:21. > :01:26.Nottinghamshire, Lincolnshire border, it is worth making the point

:01:27. > :01:31.those went ahead without the community benefits we are

:01:32. > :01:39.promising. ?100,000 when the well is done, before any gas has reached the

:01:40. > :01:45.surface. 1% of revenues which could be seven or ?10 million for a

:01:46. > :01:49.fracking well. And business rates which for a set of wells could be ?2

:01:50. > :01:54.million for a local authority. Members should think about how much

:01:55. > :02:00.council tax is a small district authority raises and consider how

:02:01. > :02:04.much 1.7 up to ?2 million into that counsel, what a difference that

:02:05. > :02:09.could make. By all means, let's talk about the facts and figures, but we

:02:10. > :02:11.need to persuade people this can go ahead without the environmental

:02:12. > :02:18.damage and problems people are worried about. The leader of the

:02:19. > :02:30.opposition has said what Francois Hollande is doing in France, I want

:02:31. > :02:34.to do in Britain. Given recent events across the

:02:35. > :02:43.Channel, does my right honourable friend agree this is at odds with

:02:44. > :02:48.our long, economic plan? I didn't catch all of residence Hollands's

:02:49. > :02:54.press conference because I was in front of the liaison committee. But

:02:55. > :03:01.the French proposals now are to cut spending in order to put taxes, in

:03:02. > :03:07.order to make the economy more competitive. Now, perhaps the Shadow

:03:08. > :03:10.Chancellor in his new, silent form will want to consider some of these

:03:11. > :03:14.ideas and recognise this revolution of making business more competitive

:03:15. > :03:16.and trying to win in the global race, that is a proper plan for the

:03:17. > :03:30.economy. Order, order. So, the new look, subdued Prime

:03:31. > :03:37.Minister's Questions lasted all of one week, last week. He chose first

:03:38. > :03:45.of all to go on bankers bonuses, Ed Miliband. It is something we

:03:46. > :03:49.discussed in the run-up to PMQs. It will be a theme for Labour strongly

:03:50. > :03:54.this week. And then he moved on to the need to build more houses. And

:03:55. > :03:58.about the need to change the planning rules and be tougher on

:03:59. > :04:04.those builders who have land but are not building on it. Two issues very

:04:05. > :04:09.close to his heart and labour's current narrative. Whether he scored

:04:10. > :04:14.is something we will discuss in a moment. First of all, what did you

:04:15. > :04:18.think? Viewers verdict was that it was a win for David Cameron,

:04:19. > :04:24.although some of you felt that Ed Miliband did pick the right

:04:25. > :04:29.subjects. On Twitter, Alex Dismore said that the trouble with Ed

:04:30. > :04:37.Miliband's new approach is he is vulnerable to Cameron's school bully

:04:38. > :04:44.approach. Jim Broughton says that last week's Khan didn't last very

:04:45. > :04:52.long. Shameful the parliament was back to loud heckling. But Ian

:04:53. > :04:55.Jordan in Tamworth says a resounding victory for Ed Miliband today. His

:04:56. > :05:00.plans for banking and banking bonuses are pragmatic, populist

:05:01. > :05:03.policies that resonate with voters who are seeing no improvement in

:05:04. > :05:07.their day-to-day spending and economic position. And this tweet

:05:08. > :05:15.from Chris Bryant MP, who we all know. The staged shouting, accusing

:05:16. > :05:18.the Tories, is just puerile. And from Edward Buxton, Ed Miliband

:05:19. > :05:23.seemed thrown by the reaction of Tory backbenchers today, low was

:05:24. > :05:32.last week's trews carried on by Labour but not the Tories? Yes! I

:05:33. > :05:36.like that word, puerile. And he didn't get any attack from

:05:37. > :05:44.his own side, although he has been under pressure. On pay and bonuses,

:05:45. > :05:54.particularly in RBS where the state owns 80%. Ed Miliband wants to say,

:05:55. > :05:57.no bonus of more than 100% of salary, which is the new EU rule,

:05:58. > :06:02.although it doesn't come in until next year and therefore legally

:06:03. > :06:06.doesn't affect this year. But the Prime Minister is saying that the

:06:07. > :06:13.overall pay and bonuses pot at RBS cannot be increased. If it is, we

:06:14. > :06:21.will veto any increase, and no cash bonus for anybody could be bigger

:06:22. > :06:23.than ?2000. That is what he said, and at first it looked like an

:06:24. > :06:31.announcement, and it wrong-footed people. But I don't think he made

:06:32. > :06:35.any concession. There is no doubt he had a good Prime Minister's

:06:36. > :06:40.Questions, and although Ed Miliband was asking the right questions, he

:06:41. > :06:45.looked a bit glum and the Tories looked quite cheerful. But I don't

:06:46. > :06:50.think the Brymon is to announce anything new at all. The status quo

:06:51. > :07:07.is the Government says the bonus and papal can't get bigger, -- the pay

:07:08. > :07:12.pool can't get bigger, and the reason for that is that the bank is

:07:13. > :07:16.shrinking. So it is quite possible, and this is quite often true of

:07:17. > :07:25.Prime Minister's Questions, people ask who one, -- people ask who won,

:07:26. > :07:30.and the answer is both of them. As you say, the bonuses won't be the

:07:31. > :07:35.ones the bankers are about to get now, they are talking about bonuses

:07:36. > :07:40.in a year's time that would require shareholder approval at the next

:07:41. > :07:47.AGM. He is able to say and carry on saying that it is not applying, but

:07:48. > :07:52.again the Prime Minister is able to say there is less money being spent

:07:53. > :07:56.on total remuneration and a restriction on cash bonuses, because

:07:57. > :08:00.bonuses are being paid in shares. What is wrong with limiting bonuses

:08:01. > :08:09.to 2000 in cash, and anything else has to be shares? At the end of the

:08:10. > :08:13.day, it is still a fantastic package for anyone to receive, for the

:08:14. > :08:20.people lucky enough to be in a position to receive it. The 80%

:08:21. > :08:24.shareholder of the British people. Is it right or fair that a bank that

:08:25. > :08:27.still has to prove itself in terms of its performance should be going

:08:28. > :08:30.for the absolute they could possibly get under the new EU rules that are

:08:31. > :08:37.coming in, and we don't think that is right. When we sat here as we

:08:38. > :08:44.first heard what David Cameron said, I thought, what has he actually

:08:45. > :08:48.said? Is EV towing any bonuses, but were we got to the next answer, he

:08:49. > :08:53.was making it clearer that it was the total overall budget that would

:08:54. > :08:56.need to keep within them below. I think on that particular issue,

:08:57. > :09:06.there is still a lot that the Brymon is to has to answer. -- that the

:09:07. > :09:08.Prime Minister is to answer. But what is wrong getting bonuses that

:09:09. > :09:19.are shares in the bank, because you are aligning the interests of the

:09:20. > :09:25.taxpayer with the interest of the shareholders. What is wrong with

:09:26. > :09:29.both having the same interest? The problem is here that bonuses are

:09:30. > :09:34.meant to be, in banking or anywhere else, based on performance, but they

:09:35. > :09:39.also should be done in a way that doesn't lead to some of the extremes

:09:40. > :09:42.we have seen in the past. But even if it is a share option, the

:09:43. > :09:48.decision to give the bonus in the first place is about performance,

:09:49. > :09:52.and we do not believe that for RBS to seek the absolute they could give

:09:53. > :09:59.is the right way forward, for the reasons outlined. We want the share

:10:00. > :10:05.price to rise. Correct? They should be doing that anyway. That is their

:10:06. > :10:09.job. The mortgage rises, the more we will get our money back. We might

:10:10. > :10:14.even make a profit. So why not incentivise the bankers to get that

:10:15. > :10:17.share price rising? To be honest, Andrew, because these people are

:10:18. > :10:22.being paid good salaries to start with. We are not against bonuses,

:10:23. > :10:26.and we are not saying it shouldn't be this package. What we are saying

:10:27. > :10:30.is we don't think it is right that given that we are the major

:10:31. > :10:33.shareholders, and there is still a lot that RBS has to prove, and this

:10:34. > :10:38.is about paying for performance, don't forget, that we should concede

:10:39. > :10:44.to a request to go to the highest it can actually go to. They should be

:10:45. > :10:49.doing a decent job to make sure that the share price is good in the first

:10:50. > :10:51.place. Most people understand the his nurses have incentives people to

:10:52. > :10:58.work hard. Can I ask you on the housing issue.

:10:59. > :11:01.Can I just briefly come back on that? We had an extraordinary

:11:02. > :11:07.statement here by shadow minister saying that the taxpayer's interest

:11:08. > :11:13.takes second place to having a cheap eligible hit and saying no to

:11:14. > :11:16.bonuses. No, I didn't! You questioned Caroline diligently and

:11:17. > :11:23.made it clear that the taxpayers' interest was at stake here, but she

:11:24. > :11:28.said, no, we've got to have a cap. She is not interested in the resale

:11:29. > :11:34.value of RBS. That is a complete misrepresentation. We cannot get

:11:35. > :11:39.into a situation, in banking or energy or other areas, where people

:11:40. > :11:42.are paid good salaries for what they do, and I recognise that in terms of

:11:43. > :11:49.getting quality. Can I please answer? Can I please answer? She

:11:50. > :12:06.does have a point to answer. People are paid really good salaries in

:12:07. > :12:14.this profession... PHONE SINGS. Is that? I do apologise.

:12:15. > :12:21.People have good access to salaries, and part of their opportunity to

:12:22. > :12:25.earn their salary should be getting the best we can for taxpayers, and

:12:26. > :12:28.that is what is important. We will leave it there, and it means I don't

:12:29. > :12:35.have time to ask you a tough question about hiding. The Prime

:12:36. > :12:44.Minister boasting 400,000 new homes since he came to power, an average

:12:45. > :12:53.of 120,000 per year. The end of PMQs was cuddly? I said last week I

:12:54. > :13:00.thought it was possible that Ed Miller band and David Cameron had

:13:01. > :13:06.talked about it. -- Ed Miliband. It seemed as though they had agreed to

:13:07. > :13:10.calm it down, but today, the Prime Minister was taunting them for

:13:11. > :13:15.keeping it quiet. Ed Miliband is trying a lower key performance. It

:13:16. > :13:20.depends where you sit. If you are in the gallery, I think people would

:13:21. > :13:26.agree that the Tories will be thinking, our boy gave him a bit of

:13:27. > :13:29.a pasting. But then people will think, reasonable questions, asked

:13:30. > :13:33.reasonably, that is what we want from our leaders. We have to move

:13:34. > :13:42.on, because we have something interesting to talk about! What was

:13:43. > :13:48.that noise that it made? It was in fact fat bottomed girls by Queen. I

:13:49. > :13:52.wish you hadn't asked. Now, do you find British politics

:13:53. > :13:55.boring? Don't all shout at once! Well, despair not, because we need

:13:56. > :13:59.look no further than across the Channel for a spot of sport. It may

:14:00. > :14:02.have escaped your notice, but the President of France, Monsieur

:14:03. > :14:05.Hollande, is creating a bit of a stir. Not content with carrying out

:14:06. > :14:08.more economic U-turns than I've had foie gras, Monsieur Hollande, it

:14:09. > :14:11.appears, has been busy between the sheets. It's been reported widely,

:14:12. > :14:17.and not denied, that the President is having an affair with a

:14:18. > :14:20.41-year-old actress. It is probably in the French Constitution that the

:14:21. > :14:23.President have do that. His official companion, Valerie Trierweiler, is

:14:24. > :14:28.in hospital and said to be suffering from a "severe case of the blues".

:14:29. > :14:31.For those of you not up to speed on the whole affair, we turn to our

:14:32. > :15:14.friends from Taiwanese TV for an update.

:15:15. > :15:20.I think they made that better! Needless to say yesterday afternoon

:15:21. > :15:23.the eyes of the World's media focused intently on the Elysee

:15:24. > :15:26.Palace in Paris, where Monsieur Hollande was holding a long-awaited

:15:27. > :15:30.press conference. It turned out to be more of a speech. Would 600

:15:31. > :15:39.French journalists get to the truth? Let's see.

:15:40. > :15:49.TRANSLATION: Is Valerie Trierweiler still the first lady of France?

:15:50. > :15:54.Everybody in their private life goes through difficult periods. But

:15:55. > :16:00.private matters should be dealt with privately. That is the same for

:16:01. > :16:01.everyone concerned. So this is not the place all the time to discuss

:16:02. > :16:07.it. Well, we're joined now from Paris by

:16:08. > :16:16.the French political commentator Agnes Poirier. Welcome back to the

:16:17. > :16:20.show. This presidential press corps that was all there. Do they work for

:16:21. > :16:28.the government, or other independent journalists? I know. I have been

:16:29. > :16:36.hearing this since yesterday, and my British journalist friends feel

:16:37. > :16:42.quite superior. And why not! Andrew, or even Jeremy Paxman, I don't see

:16:43. > :16:52.you asking the Queen 12 times the same question. The head of state is

:16:53. > :16:58.the Prime Minister, and intruding on people's privacy is an alien concept

:16:59. > :17:06.for us. You have your culture, we have ours. So tell me, by what

:17:07. > :17:11.yardstick... And on the Queen issue, that is a total non sequitur. If she

:17:12. > :17:18.was having an affair with an actor, we would be chasing her, be in no

:17:19. > :17:24.doubt about that! You can see how Prince Charles and Princess Diana

:17:25. > :17:31.were chased. The Queen is the head of state. You wouldn't chase her.

:17:32. > :17:36.But unlike the Queen, he is an elected politician, and he runs the

:17:37. > :17:42.country, which the Queen doesn't. By what yardstick does a president who

:17:43. > :17:47.is running around Paris on a motorcycle having an affair in a

:17:48. > :17:51.flat owned by the Corsican Mafia and having the first lady at taxpayers

:17:52. > :17:57.expense who is no longer the first lady, by what yardstick is that not

:17:58. > :18:04.a matter of public interest? First of all, on the Corsican Mafia, it is

:18:05. > :18:09.not the case, so I think we should stick to the facts. I think it is a

:18:10. > :18:13.fair point, and I think we should accept that one, which is what is

:18:14. > :18:19.the status of the first partner, the French first lady? It is very much

:18:20. > :18:24.an American concept, and she doesn't have any status in France. That is

:18:25. > :18:28.obviously a real problem. I think the problem is that we got to know

:18:29. > :18:35.her. President Hollande introduced her to us, and it is now a tricky

:18:36. > :18:46.situation. Perhaps she should have remained, like Mr Merkel, doing her

:18:47. > :18:56.job in the shadows. That is where the mistake was made. It is one that

:18:57. > :19:03.I'm sure she bitterly regrets. It is not just we know who she is, we

:19:04. > :19:09.always know who she is, she has official offices paid for by the tax

:19:10. > :19:12.payer, she has five officials paid for by the taxpayer. She is allowed

:19:13. > :19:18.to use government and private jets and is allowed to use government,

:19:19. > :19:25.official residences. She is the first lady, so who is she?

:19:26. > :19:33.Precisely, you are right, but she could also be in the shadow. She

:19:34. > :19:38.could be alone in the Elysee Palace, and that would easier for

:19:39. > :19:48.her. It definitely must have been lonely. Who is he going to take to

:19:49. > :19:54.Washington? Well, he is going to tell us in the next few days. He has

:19:55. > :20:01.three weeks to think about it. If I were him I would go alone. I think

:20:02. > :20:08.that is very good advice. But how will the first lady feel if he

:20:09. > :20:15.leaves her behind? Well, you know, that is life. It is only a matter

:20:16. > :20:19.for them to resolve. It is of no concern of yours or your French

:20:20. > :20:27.colleagues that the man who has the nuclear trigger in his fingers, is

:20:28. > :20:38.running around on a motorbike at night, that does not worry you? It

:20:39. > :20:43.does not worry me at all. Really? We are definitely separated by more

:20:44. > :20:47.than 20 miles. Is his U turn going to work on economic policy? That is

:20:48. > :20:59.the only thing I am happy you asking about. Yesterday he talked to people

:21:00. > :21:03.for over two years and only three minutes were dedicated to his

:21:04. > :21:08.personal affairs. I am willing to be harsh on President Hollands on his

:21:09. > :21:15.economic holidays but not on his private life. Do we have much time

:21:16. > :21:20.to talk about his policies? You say you are willing to be harsh, but I

:21:21. > :21:25.watched the press conference, there wasn't a tough question on his U

:21:26. > :21:33.turn noneconomic policies from your colleagues, not one? It depends how

:21:34. > :21:38.you look at it. Did you read the press today, a lot of people were

:21:39. > :21:46.asking questions. What is he really proposing? Is it a U turn, as you

:21:47. > :21:51.say. He has always been a social democrat and not much of a

:21:52. > :21:56.socialist. David Cameron is so eager to see it from his French partners.

:21:57. > :22:03.Very well, thank you very much for joining us from Paris. Some people

:22:04. > :22:08.think the French are right and we are wrong. Some people think we are

:22:09. > :22:13.too intrusive as a media and we ought two robust as a media. And the

:22:14. > :22:18.French, as we have just seen their position, it is different on both

:22:19. > :22:25.and that would be a more mature way of behaving? We have been around

:22:26. > :22:29.long enough to know that if this had happened 15 or 20 years ago the

:22:30. > :22:34.newspaper and the media would have been talking about resignation. But

:22:35. > :22:38.that does not come into it. Clearly they want to know about the private

:22:39. > :22:45.lives of public people, not just politicians. I did not Askew that.

:22:46. > :22:50.Who handles things better, the British press or the French press?

:22:51. > :22:55.The French have always handled things differently. We know it is

:22:56. > :23:02.different, I was asking who handles it better? It is hard if you are the

:23:03. > :23:06.President or the Prime Minister. If you are having an affair and you are

:23:07. > :23:11.presenting yourself married to somebody else, to get away with

:23:12. > :23:16.that, to be honest. I can think of other intrusions into privacy I

:23:17. > :23:22.would battle more for in terms of the rights of the individual. Let's

:23:23. > :23:28.not forget, his present wife was his mistress from his first. It is a

:23:29. > :23:40.very French thing that goes on. They are not married, but she is a fact

:23:41. > :23:46.Diddley his wife. It is said, if you marry your mistress, you have

:23:47. > :23:49.created a vacancy. Should we allow former drug addicts

:23:50. > :23:53.and drunks to become magistrates? The bold suggestion that we should

:23:54. > :23:58.has come from The Policy Exchange think tank. It argues that it is

:23:59. > :24:00.time to re-look at the way magistrates work and their

:24:01. > :24:01.background so that we can breathe new life into the system. In this

:24:02. > :24:03.week's Soapbox, their head of Crime week's Soapbox, their head of Crime

:24:04. > :24:20.Justice explains why. Nine out of ten criminal cases are

:24:21. > :24:25.dealt with by volunteer magistrates. You might think they should be

:24:26. > :24:32.representative of the population. Sadly, they are not. It is

:24:33. > :24:36.overwhelmingly white, middle-class and old. In fact, over half of all

:24:37. > :24:43.magistrates are over the age of 60 and it is time for that to change.

:24:44. > :24:46.People that sit here should not be completely divorced from those who

:24:47. > :24:52.find themselves in the dock. That means changing the rules and the

:24:53. > :24:56.culture, so reformed offenders, including Addicks, who have

:24:57. > :24:59.successfully recovered are encouraged to apply. At the moment,

:25:00. > :25:04.anybody who is convicted of a criminal offence, including some

:25:05. > :25:09.minor motoring offences is effectively barred from doing so. We

:25:10. > :25:12.believe some ex-offenders would be well suited to dealing with the

:25:13. > :25:19.complex issues of dealing with those who suffer from addictions or mental

:25:20. > :25:22.problems. Not necessarily in a setup like this but in specialised,

:25:23. > :25:29.problem-solving courts back and take a more specialising approach. In the

:25:30. > :25:34.US, special courts and sobriety courts have cut costs of justice. It

:25:35. > :25:37.is time to limit the term and magistrate can serve to ten years

:25:38. > :25:42.rather than automatically retiring at 70. This will allow younger

:25:43. > :25:54.people to come in and shake things up. Magistrates were created 650

:25:55. > :26:00.years ago and they have always been the pillars of our communities. But

:26:01. > :26:04.in the modern world, whether you are allowed to become one has got to be

:26:05. > :26:08.more fun if you move in the same social circle as other magistrates.

:26:09. > :26:12.We have got to breathe more life into the system so we can cut

:26:13. > :26:22.reoffending and stop people coming back to places like this.

:26:23. > :26:26.Max Chambers is here. Do you have a problem with older magistrates

:26:27. > :26:29.because some people say they have the experience of life to do the

:26:30. > :26:36.job? We have to recognise there is an issue. In the West Midlands there

:26:37. > :26:41.are 4500 magistrate but only 118 of them are below the age of 40. When

:26:42. > :26:45.you think of the people they are dealing with they are invariably

:26:46. > :26:50.younger men and there is a disconnect. So having a more diverse

:26:51. > :26:54.magistrate, a more balanced profile and a wider set of experiences will

:26:55. > :27:00.help. How would you get more young people to become magistrate?

:27:01. > :27:05.Magistrates at the moment are appointed by committees of

:27:06. > :27:09.magistrates. So they are just recruiting like-minded people, how

:27:10. > :27:15.do you break that? We are calling for a proactive policy saying, who

:27:16. > :27:19.do we want to be presiding over these cases and for what affect? In

:27:20. > :27:26.other parts of the world they are using previous offenders and Addicks

:27:27. > :27:31.and we think it should be a proactive policy that magistrates

:27:32. > :27:35.should be pursuing. The interesting idea is to allow former criminals,

:27:36. > :27:41.not just people who have committed minor offences, because they would

:27:42. > :27:45.have some empathy. You think it would ring down reoffending, what

:27:46. > :27:51.would be the point? Lots of former drug addicts have a passion for

:27:52. > :27:54.helping fellow addicts recover and get clean. They understand

:27:55. > :27:59.Temptations, the mindset and the excuses people can make. We think

:28:00. > :28:03.they would be well placed to support people and help themselves out.

:28:04. > :28:10.Would you go for that? The reformed criminals? At the moment if you have

:28:11. > :28:15.a spent conviction you can be considered to be a magistrate. It

:28:16. > :28:18.should be considered, the seriousness of the offence, how long

:28:19. > :28:24.ago it was. Max raises a good point on diversity, they of volunteers and

:28:25. > :28:28.unpaid. A lot of young people are still trying to earn their money and

:28:29. > :28:35.that is why you get a lot of people who are older. We will put you out

:28:36. > :28:47.of your misery on Guess the year. 1933. Caroline, hit the red button.

:28:48. > :28:51.Jenny Johnson. That is it, the 1pm news is starting on BBC One. I will

:28:52. > :28:55.be back at noon. Danny Finkelstein will be here, but

:28:56. > :29:01.I won't I am afraid. I am off!