Browse content similar to 16/05/2017. Check below for episodes and series from the same categories and more!
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Jeremy Corbyn unveils Labour's election manifesto - | :00:37. | :00:43. | |
with the promise of big increases in public spending, tax rises | :00:44. | :00:46. | |
for the better off - and a wave of re-nationalisation | :00:47. | :00:48. | |
taking various utilities back into public ownership. | :00:49. | :00:54. | |
Jeremy Corbyn says his "programme of hope" is fully costed. | :00:55. | :00:58. | |
The Conservatives say Labour's sums "don't add up". | :00:59. | :01:00. | |
We'll hear from one of Mr Corbyn's key lieutenants. | :01:01. | :01:07. | |
Also on today's programme - former Deputy Prime Minister | :01:08. | :01:09. | |
Nick Clegg joins us to discuss secret intelligence, | :01:10. | :01:11. | |
the future of the Lib Dems - and political promises. | :01:12. | :01:14. | |
And why do politicians try so hard to be cool with the kids? | :01:15. | :01:40. | |
After weeks of interviews where politicians have had to say you will | :01:41. | :01:46. | |
have to wait for the manifesto, we get to see the policies in detail. | :01:47. | :01:51. | |
First out of the traps this morning was Labour, with Jeremy Corbyn | :01:52. | :01:54. | |
unveiling his manifesto at an event in Bradford. | :01:55. | :01:56. | |
So what are the headlines from what he calls his | :01:57. | :01:58. | |
A future Labour government would spend a lot more on a wide | :01:59. | :02:03. | |
Here are the headlines: An extra ?7.4 billion a year | :02:04. | :02:10. | |
?6.3 billion more every year for schools across the UK | :02:11. | :02:22. | |
and scrapping university tuition fees at an estimated annual | :02:23. | :02:24. | |
And Labour would also reverse some welfare cuts, | :02:25. | :02:27. | |
for example, they would scrap the so-called "bedroom tax". | :02:28. | :02:29. | |
They would also recruit an extra 10,000 police officers | :02:30. | :02:32. | |
in England and Wales at a cost of ?300 million a year. | :02:33. | :02:35. | |
And they would end the current pay cap for public sector workers. | :02:36. | :02:39. | |
So, to pay for all that, Labour are also proposing | :02:40. | :02:42. | |
Corporation tax will go up to 26% by 2021 - | :02:43. | :02:47. | |
There will also be a tax of up to 0.5% on financial transactions, | :02:48. | :02:59. | |
that's a so-called "Robin Hood tax" on financial products | :03:00. | :03:01. | |
And there will also a high pay levy, that's a surcharge of up to 5% | :03:02. | :03:07. | |
on companies paying individuals more than ?500,000 a year. | :03:08. | :03:23. | |
And income tax will also go up for the top earners - | :03:24. | :03:26. | |
Another key feature of Labour's manifesto is a radical programme | :03:27. | :03:29. | |
Labour wants national utilities and services to come back | :03:30. | :03:35. | |
The recent privatisation of the Royal Mail would be reversed. | :03:36. | :03:44. | |
Rail companies would come back into public ownership gradually | :03:45. | :03:46. | |
Labour would also seek to nationalise the UK's | :03:47. | :03:50. | |
And in the energy sector - Labour would seek to bring | :03:51. | :03:55. | |
the National Grid under public control and also create regional, | :03:56. | :03:58. | |
Let's have a look at some of what Jeremy Corbyn had to say. | :03:59. | :04:15. | |
Today, we are setting out a manifesto to transform the 21st | :04:16. | :04:19. | |
century in the same way that Harold Wilson in the 1960s sought to | :04:20. | :04:23. | |
transform the 20th century. It is an absolute pleasure to be here today. | :04:24. | :04:29. | |
This manifesto is a graft for a better future for our country. It is | :04:30. | :04:36. | |
a blueprint of what Britain could be and a pledge of the difference a | :04:37. | :04:43. | |
Labour government can and will make. Jeremy Corbyn speaking earlier. He | :04:44. | :04:46. | |
is still speaking at the moment, launching this manifesto at a press | :04:47. | :04:55. | |
conference in Bradford. We hope to speak to the Shadow Cabinet member | :04:56. | :04:58. | |
about it but he cannot leave until the Labour leader has finished so we | :04:59. | :05:03. | |
will have to be patient about that. The BBC's Chris Mason is with us. He | :05:04. | :05:07. | |
has been watching the manifesto launch. He joins us now. Are there | :05:08. | :05:14. | |
any surprises or is it much what we expected because of the league last | :05:15. | :05:20. | |
week? We have been comparing it dry by draft and thankfully there are | :05:21. | :05:23. | |
more people to flick through the pages that there were the other | :05:24. | :05:28. | |
night when I went through a! Minor tweaks in language. They are | :05:29. | :05:32. | |
promising and expansion onshore start centres were in the draft they | :05:33. | :05:37. | |
were talking about maintaining the existing network -- and expansion of | :05:38. | :05:46. | |
Sure Start centres. Broadly speaking it is the same. I guess the obvious | :05:47. | :05:51. | |
conclusion, and it is obvious but it is worth three stating, is for soap, | :05:52. | :05:56. | |
so long there was a shtick in politics where people would say what | :05:57. | :06:01. | |
is the point, all the big parties are just the same? That is | :06:02. | :06:04. | |
completely unsustainable now with this position with a vast | :06:05. | :06:09. | |
nationalisation programme and a very different perspective that forward | :06:10. | :06:12. | |
by Labour than the Conservatives. The other bit is where the scrutiny | :06:13. | :06:17. | |
will come which is on the numbers. Labour have promised this document | :06:18. | :06:21. | |
alongside the manifesto on their costings. The tax would be almost 50 | :06:22. | :06:31. | |
billion. By the end of the parliament, it builds up. But when | :06:32. | :06:34. | |
you look at the small print and some of the references about how they | :06:35. | :06:38. | |
will make numbers add up there is still plenty of scope for scrutiny. | :06:39. | :06:43. | |
People are looking quite cleanly at some of their childcare plans and | :06:44. | :06:47. | |
how they have costed that and it looks like it has been referenced to | :06:48. | :06:54. | |
a Fabian Society review. Whether that would be regarded as standing | :06:55. | :06:59. | |
up to as much scrutiny as we would look to after a budget, and whether | :07:00. | :07:07. | |
there are spreadsheets and office the budget responsibility numbers, | :07:08. | :07:16. | |
we don't know. They plan to spend about 50 billion more in current | :07:17. | :07:21. | |
spending in various ways, getting rid of tuition fees, the NHS and so | :07:22. | :07:27. | |
on, and they plan to raise taxes by 50 billion almost to pay for it, | :07:28. | :07:33. | |
that is the broad thrust. Yes, around 50 billion in extra taxes and | :07:34. | :07:37. | |
then on top of that the idea for significant borrowing. They make the | :07:38. | :07:41. | |
point that the borrowing would be for investment, long-term staff as | :07:42. | :07:45. | |
opposed to day-to-day spending that a government does, but they make the | :07:46. | :07:52. | |
argument that it is something very much worth doing. It is worth | :07:53. | :07:57. | |
looking at how they divide what would be current spending paid for | :07:58. | :08:05. | |
by tax rises versus what they say would be justified for borrowing. | :08:06. | :08:08. | |
For instance, on the whole business of the NHS, and they were making | :08:09. | :08:13. | |
this argument over the weekend, they say that ?10 billion worth of | :08:14. | :08:16. | |
additional spending on the NHS which they say would be ring-fenced for | :08:17. | :08:21. | |
infrastructure and IT, obviously topical in the context of the cyber | :08:22. | :08:25. | |
attack, they say that would be justified in coming from borrowing | :08:26. | :08:28. | |
because it would be long-term capital investment. That would go to | :08:29. | :08:33. | |
the borrowing side as well? But they would also put additional capital | :08:34. | :08:37. | |
spending on the borrowing side as well which by 2020 or 2021 would be | :08:38. | :08:42. | |
50 billion. They are going to add 25 billion to that and then perhaps | :08:43. | :08:46. | |
other parts will be added? They look like they will still, by the | :08:47. | :08:51. | |
beginning of the next decade, be borrowing a lot, even if it is just | :08:52. | :08:56. | |
for capital spending? So it would seem and they are pretty proud that | :08:57. | :09:01. | |
it is worth doing. It emphasises that the massive ideological | :09:02. | :09:05. | |
difference and outlook in terms of how Labour and the Conservatives | :09:06. | :09:10. | |
prepared to run the country. I am not saying you have read every word, | :09:11. | :09:14. | |
but is there quite a lot of detail beyond the broad figures in terms of | :09:15. | :09:19. | |
costs, spending and taxes? Is there the detail that Labour were being | :09:20. | :09:25. | |
asked for in terms of costing these spending pledges? There is this | :09:26. | :09:29. | |
separate document they put out. I suspect, and we are still in the | :09:30. | :09:32. | |
opening minutes of that being scrutinised, there will be some | :09:33. | :09:36. | |
holes pulled into that. First, there is a distinct lack of information | :09:37. | :09:40. | |
about the costings of the nationalisations. Even the stuff | :09:41. | :09:44. | |
they offer are costing four, some of the references on the face of it | :09:45. | :09:49. | |
look like they will be plenty of unpicking that will go on there. On | :09:50. | :09:53. | |
the broader picture in terms of the promises, what is quite striking as | :09:54. | :09:58. | |
there is a huge array of retail political offices the offers, in | :09:59. | :10:03. | |
small detail. The idea of having free Wi-Fi on all trains under a | :10:04. | :10:08. | |
nationalised rail network. Some of the polling suggests some of their | :10:09. | :10:13. | |
headline offers are quite popular. I saw this analogy yesterday which is | :10:14. | :10:16. | |
quite a good one, you can see things that are enticing on the restaurant | :10:17. | :10:20. | |
menu but if you don't like the look of the menu, would you walk through | :10:21. | :10:24. | |
the door? That is the big challenge for Labour. Some of these questions | :10:25. | :10:30. | |
we hope to put to Andy McDonald from the Labour Party who will join us | :10:31. | :10:35. | |
when the manifesto launch is over. Listening to that was Nick Clegg who | :10:36. | :10:40. | |
joins us. What to make of what you have heard so far? I have just run | :10:41. | :10:48. | |
from an underground station! Even from politicians stand is asking me | :10:49. | :10:51. | |
to pronounce with precious little detail! The good thing about this is | :10:52. | :10:59. | |
this is a manifesto squarely capped in a completely different | :11:00. | :11:01. | |
ideological space. It is taking a massive gamble that you could | :11:02. | :11:05. | |
squeeze that amount of money from many people who are the Tories leak | :11:06. | :11:11. | |
mobile and can afford taxes. It sounds great to say you're going to | :11:12. | :11:15. | |
squeeze the top 5%, it is incredibly difficult in practice and it can be | :11:16. | :11:19. | |
huge inhibition to economic growth and so on. They are taking a huge | :11:20. | :11:23. | |
gamble, they're not going to kill the economy as they squeeze out | :11:24. | :11:29. | |
money from this fantastic list of wonderful sounding free everything | :11:30. | :11:32. | |
for everybody, and at the same time remaining, which is the most | :11:33. | :11:37. | |
striking omission, stunningly silent on the biggest economic risk to the | :11:38. | :11:40. | |
British economy of all, which is we are going to extricate ourselves | :11:41. | :11:44. | |
from the world was at most integrated borderless marketplace, | :11:45. | :11:48. | |
and by the sounds that from the customs union as well. During this | :11:49. | :11:52. | |
election campaign Labour have sided fully with the Conservative Party to | :11:53. | :11:55. | |
pull us out of the single market. Every authorities economic analysis | :11:56. | :12:01. | |
says it will have a fact on the British economy. I do think there is | :12:02. | :12:06. | |
any dispute the free Wi-Fi, free disk of a free that, sounds great. | :12:07. | :12:11. | |
As ever with the Labour Party, is it credible? From little of what I have | :12:12. | :12:15. | |
heard a lot on what was leaked last week, I don't find it credible at | :12:16. | :12:19. | |
all. A lot of it was leaked last week, I do think you missed too | :12:20. | :12:23. | |
much. We got the figures. We will return | :12:24. | :12:29. | |
to that. Chris Mason, thank you for joining us and Nick Clegg, good to | :12:30. | :12:33. | |
see you. Yes, welcome. While we wait for Andy | :12:34. | :12:37. | |
McDonald, let's look at events across the antics. -- Atlantic. | :12:38. | :12:45. | |
The White House has denied allegations that President Trump | :12:46. | :12:47. | |
shared highly classified intelligence about Islamic State | :12:48. | :12:49. | |
during a meeting with the Russian Foreign Minister last week. | :12:50. | :12:51. | |
President Trump held talks with Russian Foreign Minister Sergei | :12:52. | :12:53. | |
Lavrov at the White House last Wednesday. | :12:54. | :12:55. | |
But according to a report in the Washington Post today, | :12:56. | :12:57. | |
the President apparently went off script during the meeting | :12:58. | :13:00. | |
and began describing details of an Islamic State terrorist threat | :13:01. | :13:02. | |
related to the use of laptop computers on aircraft. | :13:03. | :13:04. | |
The story claims that the information had been | :13:05. | :13:08. | |
provided by a US partner through | :13:09. | :13:09. | |
Well, President Trump's National Security Advisor, | :13:10. | :13:12. | |
HR McMaster, told reporters that the story was untrue. | :13:13. | :13:18. | |
At no time, at no time, were intelligence sources or methods | :13:19. | :13:22. | |
discussed and the president did not disclose any military operations | :13:23. | :13:27. | |
that were not already publicly known. | :13:28. | :13:30. | |
Two other senior officials who were present, including | :13:31. | :13:32. | |
the Secretary of State, remember the meeting the same | :13:33. | :13:35. | |
Their on-the-record accounts should outweigh those of anonymous sources. | :13:36. | :13:40. | |
Nick Clegg, Washington is reeling from the firing of James Coney, what | :13:41. | :14:00. | |
do you think they are doing now as a result of this report in the | :14:01. | :14:07. | |
Washington Post? What I find striking is it would not have found | :14:08. | :14:12. | |
its way into the Washington Post if someone very much close to the | :14:13. | :14:18. | |
operational, either security establishment either the White House | :14:19. | :14:22. | |
itself, was not so outraged that they chose to leak it. You have an | :14:23. | :14:27. | |
administration by the sounds of it to all intents and purposes at war | :14:28. | :14:34. | |
with itself. Whatever your views about Donald Trump and his ideology, | :14:35. | :14:37. | |
to have an administration which appears so dysfunctional, very | :14:38. | :14:43. | |
worrying. It is clear now there are parts of the Washington | :14:44. | :14:47. | |
establishment who do not trust their own president with confidential | :14:48. | :14:51. | |
security briefings, as someone who received them for years, day in, day | :14:52. | :14:58. | |
out, it is astonishing. You were privy in your former life as Deputy | :14:59. | :15:01. | |
Prime Minister to all sorts of intelligence and the implication is | :15:02. | :15:06. | |
this intelligence came from a third-party, it could have Britain, | :15:07. | :15:12. | |
of course. I have no idea who it came from. We would be up there with | :15:13. | :15:18. | |
information... We have a very intimate intelligence relationship | :15:19. | :15:22. | |
with the US and Australia, New Zealand and others. Of course, yes, | :15:23. | :15:28. | |
you are right, it has a ripple effect on the intelligence community | :15:29. | :15:31. | |
beyond America if you feel the commander-in-chief, and this is the | :15:32. | :15:35. | |
way it comes across, it may be unfair, as if he is bragging about | :15:36. | :15:39. | |
the information at his disposal to Sergei Lavrov. That is very worrying | :15:40. | :15:45. | |
for Western intelligence generally. You say it is worrying for the | :15:46. | :15:50. | |
Washington establishment if parts of people there do not trust the | :15:51. | :15:55. | |
President, worrying for the wider intelligence community, what can | :15:56. | :15:58. | |
Donald Trump do now to extricate himself from the growing clamour, | :15:59. | :16:03. | |
the piling up of claims of his links with Russia? He has got to come | :16:04. | :16:08. | |
clean. He has got to get beyond this. Has it gone too far? He wanted | :16:09. | :16:14. | |
to end the controversy surrounding it. It was inevitable the moment he | :16:15. | :16:23. | |
fired Comey, but one thing seasoned Washington observers thought, it | :16:24. | :16:29. | |
would only then spiral in precisely the direction he was seeking to | :16:30. | :16:33. | |
avoid. Everyone asks, what is the motive? To all intents and purposes, | :16:34. | :16:39. | |
if you charge around saying, everything is fake news, you fire | :16:40. | :16:42. | |
people, you have got something to hide. I have not got the faintest | :16:43. | :16:49. | |
idea, I am not privy to this stuff, but he is giving every appearance of | :16:50. | :16:53. | |
being a political leader who is acting out stress and in a very | :16:54. | :16:58. | |
impetuous Wade and reacting very defensively and of course that is | :16:59. | :17:02. | |
worrisome. If there is a Russian connection that is yet to come out, | :17:03. | :17:09. | |
it is the most amazing game of double bluff. He has fired missiles | :17:10. | :17:14. | |
into Syria, blamed the Russians for a lot of what is going on, and | :17:15. | :17:18. | |
yesterday, the US wanted out the Syrians had built a crematorium | :17:19. | :17:22. | |
where they are burning the bodies of the thousands of people they have | :17:23. | :17:29. | |
tortured and killed. And then said, the Russians have been complicit in | :17:30. | :17:34. | |
this. It is amazing. Yes, though what I find interesting is the | :17:35. | :17:37. | |
pattern of condemnation of Russia did emerge somewhat belatedly. | :17:38. | :17:44. | |
Again, you cannot help but feel, why have they come so late in the day to | :17:45. | :17:49. | |
condemning Russia's belligerent behaviour in Syria and Ukraine? | :17:50. | :17:54. | |
Again, I'm afraid, when these narratives get going, everything | :17:55. | :17:59. | |
reinforces itself. They are somehow seeking to cover their tracks. That | :18:00. | :18:01. | |
is how it looks. The question for today is, | :18:02. | :18:03. | |
which of these election photo B) Tim Farron covered | :18:04. | :18:12. | |
in orange powder? Or d) Nick Clegg | :18:13. | :18:17. | |
high-fiving in Kent? At the end of the show, | :18:18. | :18:20. | |
Nick will hopefully give us I think there is a Liberal Democrat | :18:21. | :18:28. | |
theme! I hope it does because I do not know what it is! Someone in my | :18:29. | :18:33. | |
ear will tell me. We've been joined from Bradford | :18:34. | :18:35. | |
by the Shadow Transport Welcome to the programme. For the | :18:36. | :18:43. | |
past month, we have been told you have to wait, when we ask, where is | :18:44. | :18:48. | |
the money coming from? Wait for the manifesto, we were told. The | :18:49. | :18:53. | |
manifesto is published today, lots of detailed costings in it, you want | :18:54. | :18:57. | |
to nationalise the National Grid. Its market cap is about 40 billion | :18:58. | :19:02. | |
at the moment. How would you pay for nationalising it? John McDonnell is | :19:03. | :19:09. | |
going to roll all of the figures out over the next few days in great | :19:10. | :19:13. | |
detail. I will not trespass into his territory. It does make some | :19:14. | :19:19. | |
sense... Hold on. We have had to listen... Hold on. You told us all | :19:20. | :19:26. | |
would be revealed when the manifesto was published. You are now saying we | :19:27. | :19:30. | |
have to wait again? Does the manifesto not tell us how you will | :19:31. | :19:35. | |
pay for the nationalising of the National Grid? Well, it sets up very | :19:36. | :19:42. | |
clearly that there needs to be a rebalance of where the emphasis lies | :19:43. | :19:48. | |
in terms of raising taxes. This is about a fundamental change so we can | :19:49. | :19:53. | |
uplift everybody and not just concentrate on those who are | :19:54. | :19:55. | |
fortunate enough to be extremely rich. We want to uplift everybody. | :19:56. | :20:01. | |
That is the thrust of our excellent manifesto. It is 128 pages, so I am | :20:02. | :20:09. | |
not across at all, but I have looked at the funding pages, you want to | :20:10. | :20:15. | |
raise almost 50 billion to spend on various things. Nationalising the | :20:16. | :20:21. | |
National Grid is not included in that 50 billion yuan trading. Where | :20:22. | :20:27. | |
will the money come from for that? -- the 50 billion yuan raising. It | :20:28. | :20:33. | |
is part of the taxation and spend programme and the money will come | :20:34. | :20:37. | |
for that in the fullness of time. If you have the wording in front of you | :20:38. | :20:41. | |
and I have not, I think you will find it says it is something we want | :20:42. | :20:44. | |
to achieve over time. That is not going to be... That is the ambition | :20:45. | :20:52. | |
of the manifesto commitment. What about the water companies which you | :20:53. | :20:57. | |
also want to nationalise? Thames water, one of the biggest, that | :20:58. | :21:00. | |
alone is worth about ?12 billion. How would you finance that? Well, | :21:01. | :21:10. | |
again, Andrew, we have set out how we look to the very richest in our | :21:11. | :21:14. | |
society to make a better contribution. But that is not | :21:15. | :21:24. | |
nationalisation... Well, those are the funds we will be drawing on to | :21:25. | :21:28. | |
fund the entire programme and it is about making sure that those | :21:29. | :21:34. | |
corporate entities who are enjoying and will continue to enjoy the | :21:35. | :21:39. | |
lowest corporation tax in the G7 will flourish and continue to | :21:40. | :21:43. | |
flourish but that they make the proper contribution. We have also | :21:44. | :21:49. | |
got a ?36 billion tax gap to fill which quite frankly has been given | :21:50. | :21:52. | |
little regard by the Tory government. They have been content | :21:53. | :21:57. | |
for people to offshore their earnings, because they are part of | :21:58. | :22:02. | |
the same elite vested interests that we are so determined to tackle head | :22:03. | :22:07. | |
on. That is where funding comes from to achieve this very ambitious | :22:08. | :22:12. | |
programme. You hope to raise about ?6 billion more from raising taxes | :22:13. | :22:16. | |
of the top 5%, but you have already told us that money will go to | :22:17. | :22:23. | |
finance more money for the NHS. Not for the water company purchased or | :22:24. | :22:27. | |
the National Grid or the Royal Mail. Where does the money come from for | :22:28. | :22:33. | |
that? You are quite right. What we are saying is, we will protect 95% | :22:34. | :22:38. | |
of the working population, they will not see tax rises and National | :22:39. | :22:43. | |
Insurance contribution rises. We ask the very richest make a small | :22:44. | :22:48. | |
contribution, we are asking corporations who benefit so much | :22:49. | :22:52. | |
from trading in our country to again make the small contribution and | :22:53. | :22:58. | |
still be the lowest rate in the G7. Both the money you hope to raise | :22:59. | :23:02. | |
from increasing corporation tax and the money you hope to raise from | :23:03. | :23:08. | |
raising taxes on the top 5%, that is already spent in your manifesto on | :23:09. | :23:13. | |
things like the NHS, abolishing tuition fees, on social care, and so | :23:14. | :23:19. | |
on. It is not being spent on what I am asking you about which is the | :23:20. | :23:26. | |
cost of nationalisation. Andrew, it is hot off the press, published at | :23:27. | :23:30. | |
11 o'clock, John McDonnell... You are in the Shadow Cabinet. John | :23:31. | :23:34. | |
McDonnell will go into further detail. I will not trespass into his | :23:35. | :23:38. | |
territory when he will give you the clarity you will have in abundance. | :23:39. | :23:48. | |
I have been at the meeting when we looked at the draft we agreed on and | :23:49. | :23:56. | |
this is the published format that I looked at this morning. If you have | :23:57. | :24:00. | |
read it which I have not yet have the privilege of doing, not all of | :24:01. | :24:07. | |
it, but if you have read it, what does the manifesto say about | :24:08. | :24:10. | |
financing the nationalisation of the National Grid, the water companies | :24:11. | :24:17. | |
and the Royal Mail? As I have said, Andrew, we have set out that | :24:18. | :24:22. | |
programme, we told you very clearly where money is coming from. Where is | :24:23. | :24:26. | |
it coming from? Tell me again. Assume I am a slow learner. Andrew, | :24:27. | :24:34. | |
I have said to you, let John McDonnell role that out in very | :24:35. | :24:38. | |
great detail. Is it in the manifesto? It is hot off the | :24:39. | :24:44. | |
presses. My understanding it is there... You have read it. We are | :24:45. | :24:48. | |
trying to keep this under wraps until quarter to 11! It is quite a | :24:49. | :24:55. | |
weighty tome. Give me a chance, I will have a good look at it. You are | :24:56. | :25:00. | |
going to increase the bank levy, increase corporation tax by a third, | :25:01. | :25:06. | |
increase capital gains tax, introduced a financial transactions | :25:07. | :25:11. | |
tax, put a cap on top pay, have higher taxes for those earning over | :25:12. | :25:16. | |
80,000 a year, you will have a levy on companies paying high salaries. | :25:17. | :25:20. | |
What allowances have you made by doing all of that that the behaviour | :25:21. | :25:27. | |
in companies and people will change and you will not get the money you | :25:28. | :25:33. | |
think? Well, I think those are modest and reasonable proposals and | :25:34. | :25:39. | |
it makes all the sense in the world to me that when people are trading | :25:40. | :25:46. | |
with shares, the .5%, if they then get into trading on derivatives, | :25:47. | :25:48. | |
there should be some transaction from that when they are gambling on | :25:49. | :25:55. | |
the increase or decrease in those shares -- not .5%. It is financially | :25:56. | :26:02. | |
profitable. Contributions should be made. It is a tiny... What if they | :26:03. | :26:10. | |
go abroad? Individuals or corporations? Both. People who... | :26:11. | :26:17. | |
Some people may go off to buy an island in the Caribbean but some | :26:18. | :26:22. | |
have already done that. They might just go to Switzerland. I am | :26:23. | :26:28. | |
absolutely convinced there is the patriotic commitment to our country | :26:29. | :26:31. | |
and these are modest contributions that we are asking for. You have to | :26:32. | :26:37. | |
remember, the corporation tax was at 28%. We are talking now of getting | :26:38. | :26:44. | |
it down to 17%. Lord alone knows what will happen if ultimately a | :26:45. | :26:49. | |
Conservative government that is re-elected takes us down to 12%. | :26:50. | :26:54. | |
What will happen then to the NHS and schools and social care? These are | :26:55. | :26:58. | |
the things that are crucially important to everyday people, these | :26:59. | :27:02. | |
are the priorities and you have to have a tax base, a reasonably | :27:03. | :27:05. | |
structured tax base to make sure those provisions are made. You also | :27:06. | :27:12. | |
have a lot of money you want to borrow to spend on what is generally | :27:13. | :27:16. | |
called infrastructure investment. But you will not be allowed to bid | :27:17. | :27:20. | |
for the infrastructure investment if the senior management is paid 20 | :27:21. | :27:25. | |
times more than the lowest worker. Lowest paid worker. Are you aware of | :27:26. | :27:32. | |
any infrastructure companies, British or foreign, where the ratio | :27:33. | :27:43. | |
is 20 to one or below? Any? I cannot give you a direct response to that. | :27:44. | :27:47. | |
But what I can tell you is that it is eminently reasonable that there | :27:48. | :27:52. | |
be some relationship between those people who are working hard every | :27:53. | :27:56. | |
day, creating that wealth, and the individuals at the top of the | :27:57. | :28:00. | |
organisation. Pay scales have got out of hand and they are | :28:01. | :28:04. | |
ridiculously at comparative rates between all agree -- between | :28:05. | :28:11. | |
ordinary people and the wealth of the company. They should be a | :28:12. | :28:14. | |
relationship between the two. I do not anticipate it will impinge... | :28:15. | :28:22. | |
Really? People will want to invest in our country, they need to abide | :28:23. | :28:29. | |
by our systems and make proper contributions. What happens if the | :28:30. | :28:35. | |
companies say, we will not do that? We will not bid for the British | :28:36. | :28:40. | |
infrastructure contracts. The world is full of infrastructure contracts, | :28:41. | :28:44. | |
we will not cut the salaries of senior management to suit a Labour | :28:45. | :28:51. | |
government. What do you do then? How do you build the railways and the | :28:52. | :28:56. | |
roads? How do you do it? The problem we have had in this country for many | :28:57. | :29:00. | |
years is people coming to invest have found the infrastructure | :29:01. | :29:04. | |
woefully inadequate and we have laid out our commitment to invest in | :29:05. | :29:11. | |
infrastructure to make sure we have got transport infrastructure for the | :29:12. | :29:15. | |
21st-century. The condition you are making could lead to an | :29:16. | :29:17. | |
infrastructure strike, companies just will not bid. I am not | :29:18. | :29:25. | |
convinced that is the case at all. I think these companies will want to | :29:26. | :29:29. | |
invest in our country. They know they have got a government who wants | :29:30. | :29:33. | |
to work with them but there has to be some sense prevailing in terms of | :29:34. | :29:37. | |
the excesses drawn out of the system and I certainly do not think a | :29:38. | :29:41. | |
government in the UK should be party to simply pouring money into the | :29:42. | :29:47. | |
coffers of a tiny minority. These investment strategies have to be for | :29:48. | :29:51. | |
the benefit of the entire country, not for a handful of individuals. | :29:52. | :29:56. | |
That is obscene. We have to make sure the entire nation benefits, not | :29:57. | :30:02. | |
just a few. Lots more to talk about. We will do that more before the 8th | :30:03. | :30:05. | |
of June. Thank you for joining us. Let's get a round-up of all | :30:06. | :30:09. | |
the other election campaign news. Thanks, Jo. It has been an action | :30:10. | :30:25. | |
packed 24 hours of campaigning. If I had one piece of advice for | :30:26. | :30:29. | |
politicians today, it would be do your advice on figures, especially | :30:30. | :30:34. | |
before going on the radio. When will they learn? That is a clue about | :30:35. | :30:39. | |
what is coming up and we have also had some very friends making an | :30:40. | :30:41. | |
appearance on the campaign Trail and I do not just mean the candidates. | :30:42. | :30:47. | |
Sit back and enjoy today's campaign round-up. | :30:48. | :30:50. | |
That awkward moment when an unwanted guest gate-crashes your party. | :30:51. | :30:52. | |
During Theresa May's ITV's Facebook live, look who pops up... | :30:53. | :30:55. | |
I have a question in from Jeremy Corbyn of Islington. | :30:56. | :30:57. | |
House-building is at its lowest, do you not think the British | :30:58. | :31:03. | |
I and he take questions directly from voters. | :31:04. | :31:11. | |
And if the government can do sweetheart deals for Surrey, well, | :31:12. | :31:14. | |
Meanwhile, Jeremy Corbyn was reminding Labour voters | :31:15. | :31:19. | |
in West Yorkshire of that alleged Tory deal for Surrey County Council. | :31:20. | :31:24. | |
Although I do realise for Tory ministers, | :31:25. | :31:26. | |
Diane Abbott isn't the only one struggling with her sums. | :31:27. | :31:35. | |
What is Britain's deficit at the moment? | :31:36. | :31:37. | |
Labour's John McDonnell was accused of googling the deficit figure | :31:38. | :31:42. | |
Did somebody pass you a piece of paper? | :31:43. | :31:46. | |
It sounded like a bit of paper was being handed. | :31:47. | :31:51. | |
The Shadow Chancellor appeared to get it wrong by 18 billion, | :31:52. | :31:59. | |
quoting the figure given on Wikipedia, rather than | :32:00. | :32:02. | |
Tim Farron addressed a business breakfast in Bath. | :32:03. | :32:11. | |
Lib Dems want to create a start-up allowance to help | :32:12. | :32:14. | |
I want to do an uncharacteristic thing and shut up and listen, | :32:15. | :32:19. | |
And who needs a battle bus for getting about? | :32:20. | :32:26. | |
Nicholas Soames isn't the only one with a four-legged friend. | :32:27. | :32:29. | |
So there you go, what will our colourful cast get up to next? I can | :32:30. | :32:48. | |
assure you, Andrew, whatever it is, we will be watching and we will | :32:49. | :32:53. | |
bring you the best bits. More tomorrow. I have no doubt about | :32:54. | :33:02. | |
that. Throughout the campaign we have been taking the mood box | :33:03. | :33:06. | |
around. Today, Ellie is in Edinburgh. At least, I hope she is! | :33:07. | :33:11. | |
She is being very quiet. Lines to Edinburgh are down so let's | :33:12. | :33:23. | |
go straight into it cutting Ellie out. | :33:24. | :33:28. | |
# I need a little time to think it over... | :33:29. | :33:31. | |
They all make promises they don't keep eventually. | :33:32. | :33:38. | |
Do you trust the political parties to stick to their manifestos? | :33:39. | :33:41. | |
Well, if it's a straight yes or no, I think the answer | :33:42. | :33:44. | |
It's partly an individual loss of integrity for people and partly | :33:45. | :33:51. | |
the whole system is set up that people have to compromise and lie | :33:52. | :33:57. | |
in order to get votes and they don't carry it through. | :33:58. | :34:03. | |
I think I would only trust the SNP, honestly. | :34:04. | :34:05. | |
I think Sturgeon comes through as truthful. | :34:06. | :34:12. | |
Manifestos, they don't ever really seem to come to fruition in the way | :34:13. | :34:15. | |
I feel a bit strange answering this question! | :34:16. | :34:18. | |
They have proven they don't stick to the manifesto. | :34:19. | :34:27. | |
Lib Dems I think would but they are not going to get in. | :34:28. | :34:32. | |
# Promises, promises turn to dust # Trust into mistrust... | :34:33. | :34:46. | |
Do you think you can trust the political parties to keep | :34:47. | :34:48. | |
Looks like a trolley load of empty promises. | :34:49. | :34:55. | |
Well, yes, I suppose it would be, really. | :34:56. | :34:58. | |
No, I think even the sincerest parties that might actually | :34:59. | :35:01. | |
want to stick to the policies find that once they get | :35:02. | :35:04. | |
I think if people can actually stick with the idea of the promises | :35:05. | :35:11. | |
and maybe some of the detail might have to change, that is fair enough. | :35:12. | :35:15. | |
That is being practical about things because things change. | :35:16. | :35:17. | |
Usually, when they say things like, I am going to fix the problems | :35:18. | :35:22. | |
in the health service or money or something like this, usually, | :35:23. | :35:28. | |
well, it doesn't always get worse, but it doesn't usually get better. | :35:29. | :35:32. | |
Any lasting relationship needs trust and when the political parties come | :35:33. | :35:35. | |
wooing voters in this marginal seat, they will have their work cut out | :35:36. | :35:39. | |
because no, the majority don't think that the parties stick | :35:40. | :35:42. | |
That was one that Ellie recorded earlier! We could not get to her | :35:43. | :36:07. | |
life in Edinburgh. I do not want to get into tuition fees but are people | :36:08. | :36:12. | |
now less trusting in politicians do you think? I don't know. I think | :36:13. | :36:21. | |
they have always been distrusting? Look, it is eyed dilemma I have | :36:22. | :36:27. | |
grappled with myself. I do not have a perfect answer. There is always a | :36:28. | :36:30. | |
collision between what you ideally want to do in life and what reality | :36:31. | :36:35. | |
allows you to do, not just in politics but in life generally. The | :36:36. | :36:40. | |
idea that every time a politician needs to make a compromise with | :36:41. | :36:44. | |
reality, that they are shouted down as somehow being morally callow and | :36:45. | :36:48. | |
betrayed, that is a problem. With each turn of the wheel, even where | :36:49. | :36:55. | |
innocent collisions happen, cynicism just increases. What is out of order | :36:56. | :37:03. | |
is if people knowingly say something which they have deliberately planned | :37:04. | :37:10. | |
to not do. I find myself in the invidious position, I am not in | :37:11. | :37:15. | |
charge and so on and so forth, but I wonder if politicians need to do | :37:16. | :37:20. | |
more to be upfront with people to say that manifestos are not tablets | :37:21. | :37:26. | |
of stone. My changes, banking crisis happens, wars happen. Maybe at this | :37:27. | :37:31. | |
breathless phase of the election campaign be more grown-up but talk | :37:32. | :37:36. | |
about what we can and cannot do. You have said the Leave side of the | :37:37. | :37:40. | |
referendum campaign never made it clear that we have to leave the | :37:41. | :37:44. | |
membership of the single market, you said that and when we were on the | :37:45. | :37:47. | |
Sunday Politics we ran a bit of tape. I want to run it again to seek | :37:48. | :37:52. | |
your actions are still the same. We looked at what people had said on | :37:53. | :37:56. | |
the Leave and Remain side about the single market. Let's just refresh | :37:57. | :38:01. | |
our memories. The British public would be voting to leave the EU and | :38:02. | :38:05. | |
to leave the single market. Should we come out of the single market? | :38:06. | :38:10. | |
That almost certainly would be the case, yes. Do you want to stay | :38:11. | :38:15. | |
inside the single market? No, we should be outside the single market. | :38:16. | :38:18. | |
I had Michael Gove in the chair and I said after Brexit would we be in | :38:19. | :38:22. | |
the single market yes or no and he said no. And he was right. | :38:23. | :38:28. | |
Absolutely. We would be outside of the single market, that is the | :38:29. | :38:32. | |
reality. Britain would be quitting the single market. When I showed | :38:33. | :38:37. | |
that two last time you said it was just sound bites. I tell you why I | :38:38. | :38:44. | |
still disagree with you... People will think actually we did make it | :38:45. | :38:51. | |
fit it clear. No one watching that received a manifesto from the Brexit | :38:52. | :38:55. | |
campaign saying this is the kind of Brexit we propose to. We did not | :38:56. | :39:02. | |
have one with Kate Hoey, Michael Farage, Boris Johnson, Michael Gove | :39:03. | :39:04. | |
on cross-party basis saying we want to leave and this is why. That is | :39:05. | :39:09. | |
why you were quite rightly asking them in interviews in television | :39:10. | :39:12. | |
studios. Writer that the blood Owen Paterson said it would be mad to | :39:13. | :39:16. | |
leave the single market, Nigel Farage and Dan Hannan had advocated | :39:17. | :39:20. | |
the Norwegian approach which retains our membership of the single market. | :39:21. | :39:25. | |
In other words, it was debatable. It was never put to the British people | :39:26. | :39:31. | |
in clear way. I am afraid, I still cannot accept that a number of | :39:32. | :39:36. | |
individual statements under pressure in question and answer session in a | :39:37. | :39:40. | |
television studio constitutes an open proposition to the British | :39:41. | :39:45. | |
people about what Brexit means in practice. But you did not seem to be | :39:46. | :39:48. | |
in much doubt either that we would be leaving the single market if we | :39:49. | :39:56. | |
voted to leave. This is what you said in a debate. To be further | :39:57. | :39:58. | |
Brexit campaign have come clean now and said we dislike it so much we | :39:59. | :40:03. | |
actually want to tear up Margaret Thatcher's single European act. I | :40:04. | :40:09. | |
think that is a devastatingly self harming thing to do economically. I | :40:10. | :40:15. | |
would not want it on my conscience. Even you were clear. You said they | :40:16. | :40:19. | |
made it clear they wanted to tear up the single market arrangement. The | :40:20. | :40:25. | |
problem is you were taking a number of statements and I think | :40:26. | :40:30. | |
translating or describing that as an open proposition to the British | :40:31. | :40:32. | |
people in the most important referendum in our lifetime, what I | :40:33. | :40:37. | |
was reacting to is under pressure in interviews, some Brexiteers, not all | :40:38. | :40:40. | |
of them, were saying that they felt this meant we would leave the single | :40:41. | :40:45. | |
market. The British people never had a clear proposition put to them as | :40:46. | :40:50. | |
one on a cross-party basis, by the Brexit campaign and invoking what | :40:51. | :40:55. | |
George Osborne and David Cameron said is the oddest thing of all. You | :40:56. | :41:00. | |
are having the winning side of a referendum quoting the words of the | :41:01. | :41:06. | |
losing side of the referendum. If the British people watch, and David | :41:07. | :41:10. | |
Cameron says we would have to leave the single market, George Osborne | :41:11. | :41:14. | |
says we would have to leave, Michael Gove said we had to leave, Andrew | :41:15. | :41:19. | |
Ledson said we would have to leave, Boris Johnson said, Nick Clegg said | :41:20. | :41:25. | |
we would have to leave, what is your argument? Guess what, people don't | :41:26. | :41:31. | |
watch. They don't watch the interviews between you and me and | :41:32. | :41:35. | |
Andrew Marr on Sunday. They don't read manifestos either. We have | :41:36. | :41:39. | |
today an important moment. The principal party of opposition are | :41:40. | :41:43. | |
publishing a manifesto and you quite rightly are scrutinising the | :41:44. | :41:48. | |
manifesto, because you accept it is a convention in aid can see that the | :41:49. | :41:51. | |
two sides, multiple sides in a debate, that forward a coherent plan | :41:52. | :41:54. | |
for what they want to do. That did not happen in the run-up to the | :41:55. | :41:58. | |
referendum. The one thing we knew that people did take notice of which | :41:59. | :42:04. | |
was not snatched conversations in TV studios, was a big lie on the side | :42:05. | :42:08. | |
of a bus. And we went through them with that. My point is that even you | :42:09. | :42:13. | |
were clear that if we voted to leave we left men should of the single | :42:14. | :42:19. | |
market. Let's not Miss translating is, some Brexiteers had admitted | :42:20. | :42:28. | |
that. There was no manifesto from the Brexit campaign. I still don't | :42:29. | :42:33. | |
know, it is quite remarkable, almost a year since the referendum, I still | :42:34. | :42:36. | |
don't know because I cannot get a clear answer from the government or | :42:37. | :42:41. | |
Brexiteers, what they want to do in the customs union, what they mean by | :42:42. | :42:47. | |
a agreement which apparently now will deliver us miraculously the | :42:48. | :42:51. | |
exact same benefits in the words of David Davis as being inside the | :42:52. | :42:55. | |
single market. I think all of this is specious nonsense. If I get | :42:56. | :43:00. | |
worked up about it, I tell you why, I don't think they ever came clean | :43:01. | :43:04. | |
with the British public. Used just said they had come clean but never | :43:05. | :43:10. | |
mind. In a form in which the of people who voted you could describe | :43:11. | :43:17. | |
as being fairly informed by a cross-party campaign group. But you | :43:18. | :43:21. | |
are losing the argued. The latest YouGov poll says 68% support Brexit. | :43:22. | :43:29. | |
Even people who voted to Remain but now think you should get on with it. | :43:30. | :43:34. | |
You are in a minority now. I predict that even people who voted Remain, | :43:35. | :43:38. | |
it is a pragmatic British added to, or they say come on, move along. I | :43:39. | :43:43. | |
totally understand that. By the way, those are exactly the same people | :43:44. | :43:47. | |
who may well in the next year change their minds when they feel the | :43:48. | :43:50. | |
reality of Brexit is not all it is cracked up to be. But of course, I | :43:51. | :43:57. | |
would fully expect that many Remain voters, who do not feel strongly | :43:58. | :44:01. | |
about it as others, say come on, we should move on. I will play another | :44:02. | :44:07. | |
clip. It does not involve you! I think he's your Treasury spokesman | :44:08. | :44:08. | |
Vince Cable. How many people would give pay rise | :44:09. | :44:22. | |
to? Roux across the public sector... How many is that? Millions. The core | :44:23. | :44:27. | |
public sector, teachers, nurses, public sector workers. About 1 | :44:28. | :44:35. | |
million people? 5 million people? A couple. 2 million? Roughly. How much | :44:36. | :44:46. | |
would it cost? 1.4 billion in the first year, subsequently will depend | :44:47. | :44:51. | |
on the rate of inflation. The total number of public sector workers as | :44:52. | :44:54. | |
of December last year was 5.4 million people. Right. Trained | :44:55. | :45:05. | |
economist, graduated from Cambridge, PhD from the University of Glasgow, | :45:06. | :45:11. | |
Diane Abbott moment? I could easily have a Diane Abbott moment. We all | :45:12. | :45:18. | |
could! He should just have said, I have not got the figures. Funnily | :45:19. | :45:28. | |
enough, I was doing it quickly myself, I think it is actually 5.4 | :45:29. | :45:34. | |
in the whole of the UK... 4.5 in England which is what the policy | :45:35. | :45:39. | |
applies to. It is 5.5 if you include devolved administrations. Vince is a | :45:40. | :45:48. | |
great guy, even people with an encyclopaedic brain like Vince, they | :45:49. | :45:51. | |
do not have all the statistics... We are all vulnerable. By the grace of | :45:52. | :45:53. | |
God go I. It's not just Labour who are | :45:54. | :46:01. | |
publishing their manifesto today. Plaid Cymru have also been busy | :46:02. | :46:03. | |
setting out their pitch to the public, with a promise | :46:04. | :46:05. | |
to provide a strong voice Here's the party | :46:06. | :46:08. | |
leader, Leanne Wood. The choice is not between | :46:09. | :46:10. | |
the Conservatives and Labour. The choice is whether we want to put | :46:11. | :46:13. | |
Wales on the political landscape. The choice is whether we keep voting | :46:14. | :46:18. | |
for London-based parties for our own party, for a party | :46:19. | :46:20. | |
which is based in Wales and whose only loyalty is to the people | :46:21. | :46:28. | |
who live here. The party's finance | :46:29. | :46:34. | |
spokesman, Adam Price, Welcome back to the Daily Politics. | :46:35. | :46:48. | |
Your party opposed back set-macro and 52% of Wales voted to leave. -- | :46:49. | :46:54. | |
your party opposed Brexit. Is it a case of a little too little and a | :46:55. | :47:00. | |
little too late? The arguments of the past should be left there. We | :47:01. | :47:07. | |
have to look to the future. We are coming out of the EU and we have to | :47:08. | :47:11. | |
ensure it is the best Brexit possible for the Welsh economy. | :47:12. | :47:15. | |
There specific risks because of the structure of our economy, | :47:16. | :47:20. | |
manufacturing and farming are much bigger, but there are also | :47:21. | :47:23. | |
opportunities which are not often talked about. Coming out of the EU, | :47:24. | :47:28. | |
we now have the ability to set regional or subnational rates for | :47:29. | :47:32. | |
different taxes like the 80. We could have a lower VAT rate to help | :47:33. | :47:37. | |
our tourism sector -- different taxes like VAT. Also we could have | :47:38. | :47:46. | |
variable corporation tax rates reflecting lower levels of economic | :47:47. | :47:49. | |
prosperity in places like Wales. It would give us a competitive | :47:50. | :47:54. | |
advantage to draw businesses to Wales and help those here to grow. | :47:55. | :47:58. | |
You want the Government to match every penny of EU funding Wales | :47:59. | :48:04. | |
received, what happens if they do not? It goes back to the earlier | :48:05. | :48:08. | |
conversation. I am old-fashioned when it comes to promises made by | :48:09. | :48:16. | |
politicians. You think they should keep them? It started with the Iraq | :48:17. | :48:20. | |
war, the lies that happened then, it left a shadow and it remains | :48:21. | :48:26. | |
reflected there in the low levels of trust we have in our democratic | :48:27. | :48:31. | |
system. Let us institute a new rule, if you make a promise, you keep to | :48:32. | :48:35. | |
it. We remember the bus, totting up the figure, proportionally, it | :48:36. | :48:40. | |
should mean 17 million a week for Wales. We were promised we would not | :48:41. | :48:45. | |
lose a penny of EU money we get for farmers and regional development. | :48:46. | :48:50. | |
The two together, it is 30 million a week, by my calculation, District | :48:51. | :48:54. | |
General Hospital built in Wales with the money we were promised every | :48:55. | :49:01. | |
month. Why are more people not listening to that message? If you | :49:02. | :49:04. | |
are putting forward a comprehensive argument for Wales, why are you not | :49:05. | :49:08. | |
gaining more votes from Labour for example? In the by-election last | :49:09. | :49:14. | |
year, you came third behind Ukip. The message is falling on the dears. | :49:15. | :49:19. | |
The local elections, the biggest opinion poll we could have, we | :49:20. | :49:26. | |
almost had our best ever result -- falling on deaf ears. It is clear, | :49:27. | :49:34. | |
the conversations I am having, people are listening, particularly | :49:35. | :49:38. | |
disaffected Labour voters, but also people from other parties, they are | :49:39. | :49:42. | |
looking for new leadership, a new voice. Wales is not on the political | :49:43. | :49:46. | |
radar at the moment, a tiny blip in terms of the priorities for those | :49:47. | :49:53. | |
people in Westminster... Isn't that down to you? We have got to reverse | :49:54. | :49:58. | |
that. People sit up and listen in the corridors of power when Scotland | :49:59. | :50:06. | |
is met -- when Scotland is mentioned because people vote SNP. Gibraltar | :50:07. | :50:09. | |
is more talked about than Wales at the moment. The only way we can turn | :50:10. | :50:14. | |
it around is if we vote collectively as a nation for the party of Wales. | :50:15. | :50:21. | |
How strong a part does Welsh independence play in your manifesto? | :50:22. | :50:27. | |
It is a long-term dream for a nation, it is in the foreword... It | :50:28. | :50:36. | |
is a minor part? Let us be realistic. We are 30% poorer than | :50:37. | :50:42. | |
the rest of the UK and it has been a story of decline under Labour and | :50:43. | :50:45. | |
Conservative governments. You cannot go from that position being | :50:46. | :50:49. | |
self-reliant economically by the flick of a switch. We are being tee | :50:50. | :50:55. | |
asking for the new tools that we can have as a result of Brexit. -- we | :50:56. | :51:03. | |
are asking for the neutrals. Give us the tools. We are not asking for | :51:04. | :51:07. | |
charity, we are asking for help to help ourselves. Thank you very much, | :51:08. | :51:10. | |
and price. -- Adam Price. Let's take a look now | :51:11. | :51:15. | |
at the platform of another party standing in the general election - | :51:16. | :51:18. | |
the Liberal Party. Not to be confused with | :51:19. | :51:20. | |
the Liberal Democrats! The Liberal Party traces its roots | :51:21. | :51:22. | |
back to 1859, but it was founded in its current form in 1989 by those | :51:23. | :51:25. | |
opposed to the creation It has around 2,500 Twitter | :51:26. | :51:28. | |
followers and campaigns for every citizen to possess liberty, | :51:29. | :51:35. | |
property and security. The party seeks withdrawal | :51:36. | :51:40. | |
from the European Union and campaigned for a leave vote | :51:41. | :51:42. | |
in last year's referendum. It supports spending 0.7% | :51:43. | :51:47. | |
of national income on overseas aid and would negotiate the cancellation | :51:48. | :51:49. | |
of Third World debt. It also calls for the wider use | :51:50. | :51:55. | |
of Esperanto as a language for all governments and people | :51:56. | :51:58. | |
who wish to use it. Let us now go and speak to the man | :51:59. | :52:11. | |
who represents the Liberal Party. Thank you for joining us. When we | :52:12. | :52:17. | |
think of the Liberal Party, we think of the 19th century, Gladstone, what | :52:18. | :52:25. | |
are the historic and intellectual antecedents for your party? It is a | :52:26. | :52:32. | |
lot of the Gladstone principles of free trade, simplify taxation, | :52:33. | :52:35. | |
encouraging business, they are as true and valid and useful for the UK | :52:36. | :52:41. | |
looking ahead today as it was so many years ago. You call yourselves | :52:42. | :52:46. | |
the real liberals and not the Lib Dems. Why are the Liberal Democrats, | :52:47. | :52:55. | |
you can draw a line back from them to Gladstone as well, why are they | :52:56. | :52:59. | |
not withdraw Democrats? There are a mixed bag. There are some colleagues | :53:00. | :53:05. | |
who I would feel comfortable you liberals and others are openly | :53:06. | :53:08. | |
campaigning on the basis they want a new centre party which is not | :53:09. | :53:12. | |
particularly liberal and would have Tony Blair as its leader and they | :53:13. | :53:16. | |
want centre politics and pro-European centralisation. To be | :53:17. | :53:23. | |
blunt about it, the main difference between the Liberal Party and the | :53:24. | :53:27. | |
Liberal Democrats is the Liberal Party is looking to Britain being a | :53:28. | :53:31. | |
global player, a sovereign country looking out to the world, rather | :53:32. | :53:34. | |
than the Liberal Democrats hankering back to sabotage Brexit and they | :53:35. | :53:43. | |
want to sign up to the euro. There is a clear water shed. We have got | :53:44. | :53:49. | |
Nick Clegg, former leader of the Lib Dems here, what do you say to that? | :53:50. | :53:55. | |
I think Steve should join the Conservatives. I am not saying that | :53:56. | :54:00. | |
facetiously, everything he said is mainstream conservative thinking, | :54:01. | :54:05. | |
out of the EU, low tax, pro-enterprise, anti-state, | :54:06. | :54:07. | |
perfectly venerable tradition in but it's politics, it is not one I fully | :54:08. | :54:13. | |
share, but it represents the Conservative Party. -- in British | :54:14. | :54:18. | |
politics. He should give way to his inner conservative. What is the | :54:19. | :54:26. | |
answer? On social policy, the Liberal Party is in favour of | :54:27. | :54:30. | |
redistribution of wealth. There are some things where we will agree and | :54:31. | :54:33. | |
some things we will disagree on. I think the good things the Lib Dems | :54:34. | :54:42. | |
did in the last coalition was sympathising taxation and raising | :54:43. | :54:46. | |
the tax threshold. I would like more help for the low-paid and unlike the | :54:47. | :54:51. | |
Lib Dems, we have a policy on taxing inheritances which are a source of | :54:52. | :54:57. | |
great inequality in British society and using that to pay for choosing | :54:58. | :55:00. | |
fees that he said he would abolish. There are differences where I agree | :55:01. | :55:05. | |
with the Lib Dems and differences and similarities were I agree with | :55:06. | :55:08. | |
the Conservatives but it does not stop me being a liberal and does not | :55:09. | :55:13. | |
join I will join Tony Blair 's party. How would you tax | :55:14. | :55:17. | |
inheritance? Get rid of the exemptions. Most people pay no tax | :55:18. | :55:25. | |
at all. We could apply a modest rate of inheritance tax and we could fund | :55:26. | :55:30. | |
start-up business grants and we could fund tuition fees and we could | :55:31. | :55:35. | |
use... You could not fund tuition fees over changes to inheritance | :55:36. | :55:40. | |
tax, it does not bring in that much. You look at the substantial amount | :55:41. | :55:45. | |
of people who do not pay any inheritance at all, it would make a | :55:46. | :55:50. | |
great step towards funding Trish and fees or at least modifying them -- | :55:51. | :55:54. | |
funding tuition fees. Thank you. Now, one of our favourite campaign | :55:55. | :55:58. | |
pastimes is watching our politicians Chuka Ummuna was down with the dab | :55:59. | :56:01. | |
at a school in Streatham Tom Watson recently performed this | :56:02. | :56:17. | |
wants move in the Commons. And Jeremy Corbyn had a laid back | :56:18. | :56:22. | |
chill out with rapper JME. What do you mean, you have never | :56:23. | :56:26. | |
heard of him? But as ever, the French had | :56:27. | :56:30. | |
to get one up on us. Have a look at France's new | :56:31. | :56:33. | |
president I am just handing nick the prop. Do | :56:34. | :56:49. | |
you know what these are? My aid-year-old loves this. -- my HQ | :56:50. | :56:58. | |
roles. I am going to give you this one. -- my eight-year-old loves | :56:59. | :57:08. | |
this. Have you started using it? Well, I mean, it is quite addictive. | :57:09. | :57:17. | |
It is. What are they called? Fidget spinners. They are being sold like | :57:18. | :57:22. | |
hot cakes and the man who invented it is not getting a penny. He did | :57:23. | :57:27. | |
not secure the Copyright! Can you do tricks? You have got to try. Balance | :57:28. | :57:35. | |
it on the finger like this and pop it on to the next one. I can't do it | :57:36. | :57:40. | |
either. I would do it but mine doesn't work! Is it ever worth a | :57:41. | :57:48. | |
politician trying to be cool? Yes because otherwise it wouldn't give | :57:49. | :57:52. | |
you hours of amusement watching us fail! Live entertainment! We are | :57:53. | :58:01. | |
very grateful. Do you think Emmanuel Macron is succeeding? The person who | :58:02. | :58:06. | |
was the coolest of the cool is Justin Trudeau. And Obama. Justin | :58:07. | :58:17. | |
Trudeau is... Just time before we go to find out the answer to the quiz. | :58:18. | :58:22. | |
The question was, which of these election-related photos | :58:23. | :58:24. | |
It is me. We never released the video which that was fought for very | :58:25. | :58:39. | |
good reasons. We wanted to know what the reason was? It was so | :58:40. | :58:43. | |
embarrassing. That is a good reason! Thanks to Nick Clegg | :58:44. | :58:45. | |
and all our guests. Andrew and I will be back | :58:46. | :58:49. | |
here at noon tomorrow with all the big political | :58:50. | :58:51. | |
stories of the day. When it came to my TV habits, | :58:52. | :58:53. | |
I'd watch anything. | :58:54. | :59:16. |