14/07/2011

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:00:13. > :00:16.Tonight on Newsnight Scotland: There has been a raft of new

:00:16. > :00:19.economic data this week, capped today by a survey from the Scottish

:00:19. > :00:22.Chambers of Commerce. Could they show that George Osborne's approach

:00:22. > :00:24.to cutting the deficit is absolutely right?

:00:24. > :00:27.Also tonight: BBC Scotland's Audience Council says the

:00:27. > :00:33.corporation still doesn't really get the nations and regions. But

:00:33. > :00:35.will anything be done about it? Good evening. If there is one thing

:00:35. > :00:38.most Scottish politicians agree on, with the exception of Conservatives

:00:38. > :00:41.of course, it is that George Osborne's economic strategy is

:00:41. > :00:43.wrong. Both the SNP and Labour argue the Chancellor is cutting

:00:43. > :00:47.public spending too far and too fast and jeopardising economic

:00:47. > :00:57.growth. But could it be that a slew of recent data show that, actually,

:00:57. > :01:01.

:01:01. > :01:11.The Chancellor's plant is simple: British households have too much

:01:11. > :01:16.

:01:16. > :01:23.death -- debt, so cut public spending. And encouraged the old-

:01:23. > :01:28.fashioned virtues of spending within our means, and do that and

:01:28. > :01:32.the private sector will create jobs that will more than make up for

:01:32. > :01:37.jobs that are lost and the public sector. It is at least arguable

:01:37. > :01:42.that recent trends in the economy show that it is doing exactly what

:01:43. > :01:48.it says on the 10. Take the unemployment figures. New data

:01:48. > :01:53.showed unemployment in Scotland fell. But the number of jobs in the

:01:53. > :01:57.economy rose by 20,000. The number of jobs across the UK rose by

:01:57. > :02:06.50,000. Recent figures show that while public sector employment fell

:02:06. > :02:12.by 8,000, total employment rose by over 40,000. Yesterday's figures

:02:12. > :02:22.claimed employment rose by 50,000. Other figures also show the biggest

:02:22. > :02:27.rise in -- Scottish manufacturing exports. It is true that today's

:02:27. > :02:35.survey is a fall of agonising about the weak state of the economy. But

:02:35. > :02:40.look at the detail. It said that exports and tourism are doing well.

:02:40. > :02:49.The Warriors were in wholesale and retail, a confirmation of recent

:02:49. > :02:59.awful statistics about Britain's shopkeepers. Any fiscal

:02:59. > :03:11.

:03:11. > :03:16.consolidation was banned to affect If we were to steer the economy

:03:16. > :03:18.away from consumer debt, we would expect spending to fall as people

:03:18. > :03:24.pay off their credit card and struggle to cope with those

:03:24. > :03:28.mortgages. And having to do with pay rises which have been running

:03:28. > :03:36.behind inflation. George Osborne always said he wanted to rebalance

:03:36. > :03:43.the economy. He never claimed it would be a walk in the park. But,

:03:43. > :03:52.what about the cuts in public services? Won't that knock the job

:03:52. > :03:59.figures off? Maybe, but what if the government manages to cut public

:03:59. > :04:05.sector pay in the real term? It is not clear that the cataclysm in the

:04:05. > :04:10.public sector will ever happen. Here is what the finance secretary

:04:10. > :04:16.had to say on the matter. largest reduction in public

:04:16. > :04:26.expenditure that we have got to face, is the one for which I have

:04:26. > :04:30.

:04:30. > :04:34.set a budget. In that sense, I took exception. Back in February, I set

:04:34. > :04:44.a budget that to reduce public expenditure in Scotland by �1.3

:04:44. > :04:44.

:04:44. > :04:48.billion. The British economy grew by only 0.5% in the first quarter

:04:48. > :04:54.of the year, an economist had been a falling over themselves to cut

:04:54. > :04:57.back on their forecasts. Much of the growth and exports may be due

:04:57. > :05:03.to devaluing the pound, rather than making industry more efficient for

:05:03. > :05:07.the medium and long-term. Still, if it is putting it too strongly to

:05:07. > :05:13.say that George Osborne has been vindicated, can you not at Easter

:05:13. > :05:16.Monday benefit of the doubt? I'm joined now by John McLaren of

:05:16. > :05:22.the Centre for Public Policy for Regions, and in Edinburgh by Bill

:05:22. > :05:31.Jamieson of the Scotsman. Some of these figures do seem to

:05:32. > :05:41.show that George Osborne has a point. We are still in a limbo

:05:42. > :05:42.

:05:42. > :05:50.period. We are not sure when the economy will grow or dip again. The

:05:50. > :05:59.most positive thing that has happened is that... The performance

:05:59. > :06:04.of the Labour market. Given the depth of the cuts and the economy,

:06:05. > :06:10.usually unemployment rises much more. It has understand. It has

:06:10. > :06:16.gone up a lot in America, but not so much here. That is probably a

:06:16. > :06:22.combination of factors, like more people doing part-time jobs. Also,

:06:22. > :06:27.wage rises are less this time round than in previous recessions, which

:06:27. > :06:33.means you do not have to cut so many jobs. In previous recessions,

:06:33. > :06:41.wages had been rising too quickly. That is something that is positive,

:06:41. > :06:47.and we will have to keep that going. The big if is still what happens

:06:47. > :06:55.with GDP. Where will the growth come from? There are still a lot of

:06:55. > :07:01.issues about the output gap is smaller than expected. There is

:07:01. > :07:10.less of growth. This is the gap of the platform as the economy, and

:07:10. > :07:16.what it would be doing if it was growing normally. Yes. Then, if you

:07:16. > :07:23.are looking at exports, you have these huge uncertainties in the US

:07:23. > :07:31.about the level of its deficit and the housing market. I want to stick

:07:31. > :07:36.to Britain. Jim, I do not think that is a hip hip hooray from John.

:07:36. > :07:42.Yes, and did extend beyond the Labour market figures, which have

:07:43. > :07:46.been better than expected. The Scottish government have been very

:07:47. > :07:54.assiduous in filling up my e-mail in box over the past few days with

:07:54. > :08:01.this good news. Excellent news on employment, unemployment down by

:08:01. > :08:04.11,004 stop they look encouraging news about manufacturing exports. A

:08:04. > :08:10.very upbeat survey from the Bank of Scotland which came out earlier

:08:10. > :08:18.this week about private sector growth. The sixth consecutive month

:08:18. > :08:22.of growth and the private sector. You have to ask, what is the case

:08:22. > :08:32.for Plan B? It seems to me that here in Scotland, so far, plan is

:08:32. > :08:35.

:08:36. > :08:41.working. You are talking about this as Labour's argument. If you

:08:41. > :08:48.publicised it, it would spooked the market so badly it would be better

:08:48. > :08:55.off not having one. Absolutely. You do not have to look far to see the

:08:55. > :09:00.apprehension over deficits and debt. Let us stick to Britain, again.

:09:00. > :09:08.What is your answer to this basic point that some of these figures,

:09:08. > :09:14.honesty there are question marks. George Osborne cannot say, it is

:09:14. > :09:23.not certain yet, GDP growth is weak, but the figures we have seen to

:09:23. > :09:28.show I am right, he would save. so far. There is a lot of

:09:28. > :09:33.apprehension about how sustainable this is. If you look at some of the

:09:33. > :09:38.data coming in in recent weeks, it is not good. There is a slowdown in

:09:38. > :09:41.the manufacturing sector and the service sector. All of the

:09:41. > :09:47.forecasters are tumbling over themselves to cut growth forecast.

:09:47. > :09:52.There is an issue about how sustainable this is. But George

:09:52. > :09:58.Osborne's point was third it was not just a question of GDP growth.

:09:58. > :10:01.They had to be a rebalancing of where growth came from, and what

:10:01. > :10:07.I've tried to say there was the what we are seeing, you would

:10:07. > :10:12.expect to see. You would expect to see consumer spending falling,

:10:12. > :10:15.mortgage lending falling, in an economy where you are trying to

:10:15. > :10:21.rebalance from an excessive reliance on government and consumer

:10:21. > :10:27.debt, to end economy based more manufacturing and exports.

:10:27. > :10:33.absolutely correct. This is part of the solution, and not part of the

:10:33. > :10:39.problem. However, the trap that George Osborne is in here, you to

:10:39. > :10:45.bed down on the consumer sector. You are hitting two thirds of the

:10:45. > :10:50.UK economy, and it makes growth very difficult. A should be week --

:10:50. > :10:56.should we be refraining this argument? Critics of George Osborne

:10:56. > :11:03.said he would drive the economy into a double dip recession. That

:11:03. > :11:08.looked unlikely, even buy them. Isn't the real argument not that

:11:09. > :11:14.there will be a recession, but with different policies you could have

:11:14. > :11:18.faster growth, cut the deficit quicker, and people suffering by

:11:18. > :11:27.having their income is cut would not have their income is cut as

:11:27. > :11:34.fast, or even a tall? I do not been there is a huge distance between

:11:34. > :11:39.the two approaches. It is basically a matter of timing. Ed Balls wants

:11:40. > :11:45.to do more slowly, to make sure recovery is more in place. George

:11:45. > :11:50.Osborne is more concerned about getting the deficit down. I do not

:11:50. > :11:57.think they are that wildly far apart. One is an saying we should

:11:57. > :12:07.do it through tax increases rather than expenditure cuts. They both

:12:07. > :12:07.

:12:07. > :12:11.have the same concerns. What about those other argument, public sector

:12:11. > :12:20.cuts have not taken effect yet. When they do, people will lose

:12:20. > :12:24.their jobs. It is true that in that interview, shortly after the clip,

:12:24. > :12:32.there would be a problem and a couple of years' time when he could

:12:32. > :12:38.not cut public sector pay any further. The fact is, this was the

:12:38. > :12:42.most difficult year, and he has managed to drop the budget. Because

:12:42. > :12:52.public sector pay such a large proportion, if you freeze it, you

:12:52. > :12:54.

:12:54. > :13:01.do not need to do they not have these things. Part of the reason is

:13:01. > :13:08.that things like reducing capital spending in the Scottish water-0,

:13:08. > :13:17.that has to come back. That was a delaying tactic for a while. You

:13:17. > :13:21.have also got the wage freeze reverses non wage freeze. If that

:13:21. > :13:25.starts to rise, you have got to find that extra money. You have got

:13:25. > :13:35.other things like high education, where we know they will be a large

:13:35. > :13:36.

:13:36. > :13:42.gap. That has got to be found as well. This year, higher education

:13:42. > :13:49.or ready to go a very large hit. There hasn't been an uproar about

:13:49. > :13:54.that. There have been difficult things, but there is not a feeling

:13:54. > :14:03.like we saw in the '80s, partly because unemployment has not grown

:14:03. > :14:10.as much. What do you make about this point about public spending?

:14:10. > :14:16.Is and cutting public spending a bit like that? In reality, deep

:14:16. > :14:26.whole thing is a lot more fungible than was being made out. It isn't

:14:26. > :14:30.

:14:30. > :14:40.the case that we will have mass I would not really agree with you

:14:40. > :14:42.

:14:42. > :14:52.as regards landfill stop however, much more gradually. Not any big-

:14:52. > :14:52.

:14:52. > :14:59.bang way. I think there is very little net at recruitment going on

:14:59. > :15:06.in the public and private sector. This reference to natural wastage,

:15:06. > :15:15.where people leave jobs and retire, back to be put through without the

:15:15. > :15:20.draconian measures that people feared a year ago. The wall premise

:15:20. > :15:24.of George Osborne strategy was that if we do not do this, there will be

:15:24. > :15:34.a hit in the bond market and we could end up, if not quite like

:15:34. > :15:40.Greece, been heavily penalised. There was actually 0 evidence of

:15:40. > :15:47.bond rates spiking under Labour or under the Coalition. Do you think

:15:47. > :15:56.there was a very serious danger of Britain getting into trouble?

:15:56. > :16:06.I think there was. It was very important that we had a Coalition

:16:06. > :16:06.

:16:06. > :16:12.and Broughton a national party to address a record level of debt. I

:16:12. > :16:17.would say it is very dangerous to assume that the markets will give

:16:17. > :16:23.you a freak pass. You only need to look at what is happening across

:16:23. > :16:30.Europe. Who would have thought a few weeks ago that Italy would be a

:16:30. > :16:33.target? But now it is. The we will have to leave it there. Thank you

:16:33. > :16:37.both very much. Now, as the roof has been falling

:16:37. > :16:39.in on the Murdoch empire, another area of the media has been under

:16:39. > :16:42.scrutiny here. The Audience Council, an independent group which advises

:16:42. > :16:45.the BBC Trust in Scotland, issued a report saying there is a continuing

:16:45. > :16:48.failure of the London-based network to reflect anything much wider than

:16:48. > :16:58.a South of England perspective. Can a national broadcaster ever truly

:16:58. > :17:02.

:17:02. > :17:09.cover such a diverse country? Derek Bateman reports. Is the BBC news

:17:09. > :17:16.centre Don England? Tonight at 10, or Rupert Murdoch is forced to drop

:17:16. > :17:26.his bid to get full control of BSkyB eat. Does it fail to cover

:17:26. > :17:28.

:17:28. > :17:36.the whole of the United Kingdom? is 6 o'clock. Good morning. His

:17:36. > :17:40.Radio 4 changes to England, but at the South of England? They are so

:17:40. > :17:46.weak, the Audience Council for Scotland, which advises the BBC

:17:46. > :17:56.Trust, says it feels there is a bias of the BBC towards the south

:17:56. > :18:07.

:18:07. > :18:13.A I think we have been short- changed. What we look to do was

:18:13. > :18:16.just to have Scottish Ministers consulted. Right now, the BBC

:18:16. > :18:21.governors do not even need to speak to Scottish Ministers and I think

:18:21. > :18:29.we have to start a set-up of consultations and the need to be

:18:29. > :18:32.involved in that process. It is important the Scottish government

:18:32. > :18:39.is involved when critical decisions are being made about BBC

:18:39. > :18:49.programming. If that a surprise that the BBC coverage may be skewed

:18:49. > :18:53.

:18:53. > :18:58.in one direction? It has to be said that there must be impossible for

:18:58. > :19:06.everywhere from Shell went down to the Lands End can be cover done

:19:06. > :19:10.every bulletin. It is speaking predominently to an English

:19:10. > :19:16.audience and I think the challenge is to get more Scottish related

:19:16. > :19:25.content which is relevant to people in England. But that is a very

:19:25. > :19:31.difficult thing to do. Is one answer that the BBC has BBC

:19:31. > :19:40.Scotland services? The answer from London may be, if you want local

:19:40. > :19:46.radio, tune into BBC Radio Scotland. Yes, I think there is some merit in

:19:46. > :19:52.that. A lot of people in England are completely unaware of stories

:19:52. > :19:56.which are going on in Scotland, but there are issues such as education

:19:56. > :20:06.and health and in the political sphere which need to resonate

:20:06. > :20:11.

:20:11. > :20:15.across the United Kingdom audience. There is more current affairs

:20:15. > :20:22.programming in Scotland and Scottish content, including his

:20:22. > :20:28.comedy and drama spreading across the UK. The pleasing audiences in

:20:28. > :20:32.every corner of a diverse nation may even be an order beyond the

:20:32. > :20:36.capabilities of Gary, tank commander.

:20:36. > :20:39.That is nearly all for this week. Before we look at the papers, I

:20:39. > :20:41.would like to apologise for an inadvertant mistake on last night's

:20:41. > :20:44.programme. In our report on the Chinook pilots,

:20:44. > :20:48.we used an image of service personnel who had died in a

:20:48. > :20:51.different air crash. Our sincere apologies for that. The correct,

:20:51. > :20:54.complete version of that report is on the BBC Scotland news website,

:20:54. > :20:55.as is the complete version of our other film last night, about

:20:55. > :21:03.relations between press and politicians.

:21:03. > :21:08.Now a quick look at tomorrow's newspaper front pages. In the

:21:08. > :21:15.Independent, Murdoch hit by eight f p and a hacking inquiry. In the

:21:15. > :21:25.Guardian, the former News of the World executive arrested work for

:21:25. > :21:35.Scotland Yard. The Financial Times warns of the bail-out in past. That

:21:35. > :21:51.

:21:51. > :22:00.is all we have time for this week. In the West, it is a much gloomier

:22:00. > :22:08.prospects for most of us. Across north-east England, a lot of places

:22:08. > :22:12.look and sunshine. A top temperature of 25 degrees Celsius

:22:12. > :22:20.around the London area. As you can see, these outbreaks of rain are

:22:20. > :22:26.pushing their way and across Devon and Cornwall and in to the west of

:22:26. > :22:31.Wales. For a bright day on Thursday, it is all change for Northern

:22:31. > :22:39.Ireland tomorrow. There will be heavy rain and drizzle on and off

:22:39. > :22:48.for most of the country during the day. Into the weekend, it is cooler

:22:48. > :22:53.and times wetter and windier. Heavy showers expected on Saturday. But