Browse content similar to 05/02/2013. Check below for episodes and series from the same categories and more!
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400 MPs say yes to gay marriage, and make history. But the majority | :00:16. | :00:19. | |
of David Cameron's Conservative Party didn't back him. One member | :00:19. | :00:25. | |
of the cabinet tells us some Tories have further to go than others. | :00:25. | :00:29. | |
Sometimes parts of the Conservative Party move, but they move more | :00:29. | :00:34. | |
slowly, or a few paces behind prevailing social attitudes, or the | :00:34. | :00:37. | |
centre of gravity of social attitudes. I will speak to the | :00:37. | :00:43. | |
woman who was married in the world's first same-sex ceremony. | :00:43. | :00:51. | |
Deputy heads will roll in the LIBOR rate-fixes scandal, as RBS stands | :00:51. | :00:57. | |
to pay �4 billion. We speak exclusively to France's | :00:57. | :01:00. | |
Front National, Marine Le Pen, she tells us she supports David | :01:00. | :01:07. | |
Cameron's aim of renegotiation in Europe. And: A lot of his people | :01:07. | :01:12. | |
think he know what type of man he is, I have a clear picture of the | :01:12. | :01:17. | |
type of sense of humour he has. Fans of the cross word writer, | :01:18. | :01:22. | |
Araucaria, were left lost for words after solving one of his clues, we | :01:22. | :01:31. | |
speak to him. Good evening, same-sex couple also | :01:31. | :01:34. | |
soon enjoy the same rights to get married as they have in a dozen | :01:34. | :01:37. | |
other countries. Following this evening's Commons vote, Britain is | :01:37. | :01:41. | |
now in the vanguard of equality. But David Cameron's desire to | :01:41. | :01:45. | |
modernise the country has split his party. More Tory MPs voted against | :01:45. | :01:51. | |
the bill than for it. Including 18 members of the Government, two of | :01:51. | :01:54. | |
them cabinet ministers, with dissenters talking about risking | :01:54. | :01:57. | |
the life chances of British children, and pining that marriage | :01:57. | :02:01. | |
should not be seen through the merciless prism of equality. On | :02:01. | :02:05. | |
this controversial issue, might the cost to David Cameron outweigh the | :02:05. | :02:15. | |
:02:15. | :02:16. | ||
gain. Here is our political editor. The beauty of marriage, said the | :02:16. | :02:19. | |
Education Secretary at the weekend, was about that moment between two | :02:19. | :02:23. | |
people when they go from thinking about me to we. But today David | :02:23. | :02:29. | |
Cameron was confronted with no such mind meld. A reminder that many of | :02:29. | :02:34. | |
his MPs are far from thinking of "we" not "me", when they regard | :02:34. | :02:41. | |
their party and their party leader. The aye to the left 400, the nos to | :02:41. | :02:48. | |
the left, 175. The ayes have it. In that vote of a few hours ago, | :02:48. | :02:51. | |
more Conservative MPs disagreed with the Prime Minister than agreed | :02:51. | :02:56. | |
with him. They didn't agree with this. There is something special | :02:56. | :03:00. | |
about marriage. It is not about religion, it is not about morality, | :03:00. | :03:07. | |
it is about commitment. By the way, I think it matters, and I think it | :03:07. | :03:10. | |
means something, whether you are a man and a woman, or a woman and a | :03:10. | :03:16. | |
woman, or a man and another man. They debated all afternoon. One of | :03:16. | :03:19. | |
the most important figures on Cameron's backbenches did not feel | :03:19. | :03:23. | |
he had assurance that those who did not want to marry gay couples would | :03:23. | :03:26. | |
not be overruled by European Courts. I will vote against this measure | :03:26. | :03:31. | |
tonight, not because I think the world will end if we see it pass. | :03:31. | :03:36. | |
But because I have serious misgivings that in spite of the | :03:36. | :03:39. | |
minister's commendable efforts, recognised by the Church of England, | :03:39. | :03:44. | |
as has been commented earlier in the debate. It is impossible to | :03:44. | :03:47. | |
guarantee that religious freedom will not be compromised. | :03:47. | :03:51. | |
couldn't give a guarantee that people would be protected. | :03:51. | :03:55. | |
their religious freedom would be protect, because it is impossible | :03:55. | :03:58. | |
to guarantee it T will be taken to the European Court, and if we pass | :03:58. | :04:01. | |
this measure, then it will be taken to the European Court. | :04:01. | :04:08. | |
If the Government is serious about this, take it away, abolish the | :04:08. | :04:14. | |
civil partnerships bill, abolish civil marriage, and create a civil | :04:14. | :04:18. | |
union bill, that applies to all people, irrespective of their | :04:18. | :04:22. | |
sexuality or their relationships, that means brothers and brothers, | :04:22. | :04:25. | |
and sisters and sisters, and brothers and sisters as well. That | :04:25. | :04:31. | |
would be a way forward. This is not. It is a sad day for me, Mr Deputy | :04:31. | :04:35. | |
Speaker, it is my saddest day as a member of this House, when my party | :04:36. | :04:42. | |
brings in a bill which I'm fundamentally opposed to. Why is my | :04:42. | :04:48. | |
view, or the loader of my party, any more important than the person | :04:48. | :04:53. | |
in the Dog and Duck in Wellingborough. So what is the | :04:53. | :05:00. | |
opinion in Bone's constituency, this isn't the Dog and duck, but it | :05:00. | :05:05. | |
is the Hind Hotel, we brought together three Conservatives and a | :05:05. | :05:09. | |
gay couple. Call me old fashioned, but as a Christian I believe that | :05:09. | :05:13. | |
marriage is for the procreation of children, and it is between a man | :05:13. | :05:17. | |
and a woman. And I really think we're in a very dangerous situation | :05:17. | :05:22. | |
when we let the state change religion or change faith. I think | :05:22. | :05:26. | |
the Government has been very careful, overly careful, they have | :05:26. | :05:31. | |
got a quadruple lock on this, they have banned the Church of England | :05:31. | :05:36. | |
and the Church of Wales. That is bizarre in itself. Apparently they | :05:36. | :05:40. | |
weren't consulted to any great degree. Other faiths are allowed to | :05:40. | :05:44. | |
opt in, which is perfectly right. If a faith looks at its | :05:44. | :05:47. | |
congregation and say we are all happy with blessing same-sex | :05:47. | :05:52. | |
marriages, the Quakers want to and the liberal Jewish sects want to, | :05:52. | :05:56. | |
that should be allowed. I don't think it necessarily stems, with | :05:56. | :06:01. | |
respect to Barbara from religion, I think it stems from a disbelief | :06:01. | :06:08. | |
that something as fundamental as marriage could be tinkered with, | :06:08. | :06:12. | |
whether or not it may seem to you that it is unfair at the moment. I | :06:12. | :06:17. | |
think for many of us we feel that it's, if you are going to interfere | :06:17. | :06:24. | |
with marriage, what about interfering with death and birth. | :06:24. | :06:27. | |
Many Conservative rebels feared that religious organisations, due | :06:27. | :06:32. | |
to have to opt in if they want to hold gay weddings, would actually | :06:32. | :06:37. | |
feel coerced. One Unitarian church up in North London is already gung | :06:37. | :06:42. | |
ho. Up here in Newington Green, historically outside the City of | :06:42. | :06:50. | |
London, they have made up their own rules, Tom Pane and people like | :06:50. | :06:55. | |
Benjamin Franklin worshiped here. And 300 years on they want to let | :06:55. | :07:00. | |
gay couples married. David Cameron might feel he's more in the role of | :07:00. | :07:06. | |
Edmund Burke, but on this he feels a radical, he wants gay couples to | :07:06. | :07:09. | |
marry because he's a Conservative, not despite being one. This former | :07:09. | :07:13. | |
minister in David Cameron's Government agrees. Entering a civil | :07:13. | :07:17. | |
partnership was the most important thing I have done in my life. When | :07:17. | :07:22. | |
I was born, homosexual conduct was a crime, not so long ago it was | :07:22. | :07:26. | |
possible to sack someone because they were gay. People did not dare | :07:26. | :07:31. | |
to be open, thank goodness so much has changed in my lifetime. Others | :07:31. | :07:35. | |
took on their Conservative colleagues, and indeed, the Church | :07:35. | :07:39. | |
of England. We may have gone two steps forward, but I fear we have | :07:39. | :07:45. | |
also gone one step backward. The modernisation of the Conservative | :07:45. | :07:51. | |
Party is not yet complete. My party should never flinch from the | :07:51. | :07:55. | |
requirement that we must continue this prosession. Otherwise we may | :07:55. | :07:59. | |
end ourselves up like the Republican Party, who lost an | :07:59. | :08:05. | |
election last year that they could have won, were it not for their | :08:05. | :08:08. | |
socially conservative agenda. And belatedly, only this weekend, the | :08:08. | :08:12. | |
Church of England has finally admitted that it is not realistic | :08:12. | :08:16. | |
or likely that churches will be forced to conduct same-sex weddings. | :08:16. | :08:20. | |
I made that point earlier. But so easy to say that now, isn't it, | :08:20. | :08:25. | |
when practically every person I meet, who doesn't follow the | :08:25. | :08:28. | |
deliberations of political detail in great detail has said to me, | :08:28. | :08:34. | |
it's about weddings in churches for gay people, isn't it? But with the | :08:35. | :08:38. | |
issue spliting the Conservatives, and uniting most of Labour, but by | :08:38. | :08:43. | |
no means all of Labour, the Shadow Home Secretary had fun. We all love | :08:43. | :08:47. | |
the idea of a wedding, we all support the idea of a strong | :08:47. | :08:51. | |
marriage. We all clearly like a good party, I notice from the | :08:51. | :08:56. | |
impact assessment that the department has produced passing | :08:56. | :09:01. | |
this legislation they reckon could lead to �14 million extra spent on | :09:01. | :09:06. | |
celebrations. Which is a lot of confetti and rubber chicken. Mr | :09:06. | :09:09. | |
Speaker, I don't think it will be quite enough to boost the economy | :09:09. | :09:12. | |
and deliver Plan B, but I guess the Chancellor needs all the help he | :09:12. | :09:16. | |
can get. The Conservatives will run a very | :09:16. | :09:19. | |
presidential campaign ahead of the next election, they will ask you do | :09:19. | :09:22. | |
you want to vote for this man, David Cameron to be your Prime | :09:22. | :09:25. | |
Minister next. In order to do that, they will need to emphasise | :09:25. | :09:28. | |
personal decisions he has taken. Included in that will be gay | :09:28. | :09:32. | |
marriage, especially because he's done so with considerable | :09:32. | :09:39. | |
opposition. To get up to the 43% that are a majority for the party, | :09:39. | :09:44. | |
they have to get Labour and Lib Dem voters. Tonight the Prime Minister | :09:44. | :09:47. | |
will be elated he is one step nearer to becoming the Prime | :09:47. | :09:51. | |
Minister who legaliseed gay marriage. But his Attorney-General | :09:51. | :09:58. | |
abstained, and two other cabinet ministers went against. The idea of | :09:58. | :10:01. | |
a united party front is more in sickness than in health. | :10:01. | :10:06. | |
Shortly after that vote I spoke to the Cabinet Office Minister, Reggie | :10:06. | :10:12. | |
Maudling, widely seen as the -- Francis Maude, seen as the high | :10:12. | :10:16. | |
priest of Tory modernisation. There will be same-sex marriage in spite | :10:16. | :10:20. | |
of Conservative backbenchers. think the Conservative Party | :10:20. | :10:24. | |
divided roughly like the country does, a lot of people on one side | :10:24. | :10:27. | |
and the other. It has gone through parliament with a big majority, | :10:27. | :10:31. | |
that is fine. As a modernising PM, which is very much what David | :10:31. | :10:36. | |
Cameron sees himself as, he hasn't been able to carry the party on a | :10:36. | :10:40. | |
key plank of his modernisation of the Tories? It is a free vote, MPs | :10:40. | :10:44. | |
make their own mind up. If they had wanted to, they would have backed | :10:44. | :10:48. | |
him as a moderniser, to show a party in touch with the 21st | :10:48. | :10:52. | |
century, they turned their back on him? They didn't turn their back on | :10:53. | :10:56. | |
him. This is very overemotional reaction to it. This was a free | :10:57. | :11:01. | |
vote, where MPs are encouraged to exercise their judgment. On | :11:01. | :11:06. | |
something which isn't a party matter. Yes, but when I'm just | :11:06. | :11:11. | |
giving you a couple of phrases here, Gerald Howarth, one map, "this bill | :11:11. | :11:16. | |
is about risking the life chances of British children", another one, | :11:16. | :11:23. | |
Edward Lee, "marriage should not be seen through the merciless prism of | :11:23. | :11:28. | |
equality", someone saying it is almost Orwellian what you are | :11:28. | :11:31. | |
asking to do. What message does it send to the country about the | :11:31. | :11:34. | |
Conservative Party? Not a strong one in any direction. I don't agree | :11:34. | :11:39. | |
with my colleagues who have expressed themselves in that way. I | :11:39. | :11:43. | |
and many Conservative MPs, and many members of the Conservative Party, | :11:43. | :11:47. | |
are completely relaxed about giving the benefits of marriage, making | :11:47. | :11:53. | |
them available to all couples, whether they are different sex or | :11:53. | :11:56. | |
same-sex. We think this is not about making a dogma out of | :11:56. | :12:00. | |
equality, but the benefits of marriage should be available to | :12:00. | :12:05. | |
everyone. But you feel very strongly about this, and you talked | :12:05. | :12:10. | |
of your regret that you had voted for Section 28 many years ago. But | :12:10. | :12:15. | |
it was also informed by your brother's sexuality. So you have a | :12:15. | :12:22. | |
personal stake in this? Yes. I think I'm broadly the same | :12:22. | :12:27. | |
Conservative I was in the 1980s, when I started my long and | :12:27. | :12:30. | |
checkered political career. I'm a fiscal Conservative, I'm an | :12:30. | :12:37. | |
economic liberal, I believe in open markets, I'm a moderate realistic | :12:37. | :12:42. | |
euro-sceptic, but I'm more socially liberal than I was. But the country | :12:42. | :12:48. | |
is more socially liberal than it was, we're a much more tolerant | :12:48. | :12:54. | |
society. We understand and respect the way in which people live their | :12:54. | :13:01. | |
lives more than we Z that's good. At the time when Section 28 was | :13:01. | :13:05. | |
voted through, and I do regret that I supported that, I regret that the | :13:05. | :13:11. | |
Government then put it through, and I didn't understand then the way in | :13:11. | :13:19. | |
which it came to be seen by gay people as a sort of emblem of | :13:19. | :13:24. | |
hostility. We were right, subsequently, to repeal it. But, I | :13:24. | :13:29. | |
think you have spoken movingly about had there been more tolerance, | :13:29. | :13:32. | |
your brother may not have had the same fate that he had. His | :13:32. | :13:36. | |
sexuality had often to be hidden, and was a thing that was not to be | :13:36. | :13:39. | |
discussed, and that perhaps drove him into areas he wouldn't have | :13:39. | :13:44. | |
otherwise gone to? I think that was less about law than about | :13:44. | :13:49. | |
prevailing social attitudes. these social attitudes are still | :13:49. | :13:55. | |
there, among many Conservative MPs. This is many years later? Among | :13:55. | :14:00. | |
some. Over 140 voted against? an indication of the way in which | :14:00. | :14:05. | |
things move is that many Conservative MPs who voted against | :14:05. | :14:11. | |
the introduction of civil partnerships in 2004, now support | :14:11. | :14:16. | |
civil partnerships. So sometimes parts of the Conservative Party | :14:16. | :14:22. | |
move, but they move more slowly, or a few paces behind prevailing | :14:22. | :14:26. | |
social attitudes, or the centre of gravity of social attitudes. Which | :14:26. | :14:30. | |
have changed, and will probably continue to change in ways that it | :14:30. | :14:36. | |
is hard to predict. But we get there. Maybe at different speeds. | :14:36. | :14:42. | |
It would be presumtious of me to assert that, but it may well be | :14:42. | :14:47. | |
that some of those who voted against equal marriage tonight will, | :14:47. | :14:51. | |
in yours to come, change their view, I don't know. Social attitudes have | :14:52. | :14:55. | |
changed, people's views change on some of these issues, and they | :14:55. | :15:00. | |
change at different times, and some people's views will never change. | :15:00. | :15:06. | |
That's fine too. These are issues of conscience, and people exercise | :15:06. | :15:10. | |
their judgment in the way that they think right. I wouldn't criticise | :15:10. | :15:15. | |
people for that. But it has been characterised, you have your George | :15:15. | :15:20. | |
Osborne and William Hague and Theresa May extoling the vote. | :15:20. | :15:24. | |
Obviously you had David Cameron championing it, I wonder the jeer | :15:24. | :15:31. | |
that this is really the Notting Hill set, and there are two Tory | :15:31. | :15:35. | |
Partys, and they are so far behind you? It is nonsense and doesn't | :15:35. | :15:40. | |
reflect any reality I see and live with in my daily life. What is your | :15:40. | :15:45. | |
reaction to the fact that it is a Conservative Government, who has | :15:45. | :15:50. | |
managed, or will have managed, to have made sure that same-sex | :15:50. | :15:56. | |
marriage, in Britain, is common place? I think it is a good thing | :15:56. | :16:03. | |
to have done. I don't think it is massive change. I think public | :16:03. | :16:07. | |
opinion, again it is, what I say about social attitudes, they have | :16:07. | :16:13. | |
moved, they have changed. This will be seen, by most of the public, as | :16:13. | :16:16. | |
a relatively uncontroversial thing, particularly among younger people | :16:17. | :16:26. | |
who say, yeah, so what? That's a healthy thing. I think this will be | :16:26. | :16:31. | |
seen to be something that will look in years to come, as a kind of | :16:31. | :16:36. | |
relatively natural step, which people will not find, will struggle | :16:36. | :16:39. | |
to understand why it was controversial at the time. Thank | :16:39. | :16:46. | |
you very much indeed. From Maastricht in the Netherlands | :16:46. | :16:52. | |
we talk to our guest who got married in 2001 in the world's | :16:52. | :16:55. | |
first same-sex ceremony. Thank you very much for joining us, you | :16:55. | :17:00. | |
married your life partner Ellen, why did you want to get married, | :17:00. | :17:05. | |
rather than stick with your civil partnership? For us, in the | :17:05. | :17:10. | |
Netherlands, marriage is the only legal bond that commits third | :17:10. | :17:14. | |
parties as well. And I want to show everybody this is the person I want | :17:14. | :17:19. | |
to share my life with. But do you accept that some people, for | :17:19. | :17:24. | |
perfectly good reasons, religious reasons, and other reasons, will | :17:24. | :17:30. | |
always be implacably opposed to what you have done and been able to | :17:30. | :17:34. | |
do? I sometimes find that difficult, because I'm not different to anyone | :17:34. | :17:39. | |
else, it is just a human right to choose to take care of someone you | :17:39. | :17:42. | |
love, and to take care of your family, that is what I want. | :17:43. | :17:48. | |
that right to take care of them, and to be a family, is different | :17:48. | :17:54. | |
from saying we can only do that, or only feel able to commit to that | :17:54. | :17:58. | |
properly within, some might say it, the confines of a marriage? It is | :17:58. | :18:02. | |
not that you only can do that, you can take care of one another | :18:02. | :18:06. | |
outside of the marriage, but it just gives you a legal bond, and | :18:06. | :18:11. | |
that's a commitment for life. It is also making it possible that Ellen | :18:11. | :18:15. | |
could adopt the children. For us that was very important. Because | :18:15. | :18:19. | |
that gives her and the children legal rights to one another. | :18:19. | :18:24. | |
course you are, as it were, the birth mother of your two children. | :18:24. | :18:28. | |
What challenges have you faced in the last 12 years, or has it all | :18:28. | :18:36. | |
been plain sailing? No, no, no. I wish it was true. You always have | :18:36. | :18:41. | |
to explain your family situation, not only as adults, but also the | :18:41. | :18:45. | |
children. If they move schools, move house, they have always got to | :18:45. | :18:48. | |
explain in what kind of family they live. That can be difficult, | :18:48. | :18:57. | |
sometimes. But on the other hand, it is the way it is. We live it and | :18:57. | :19:03. | |
live with it. Have people expressed their disapproval to you? Yes, | :19:03. | :19:11. | |
unfortunately they have. What happened? They just tell you that | :19:11. | :19:15. | |
they don't approve of your marriage, they don't recognise the adoption | :19:15. | :19:20. | |
of the children, if they do it to me I discuss it with them. If they | :19:20. | :19:25. | |
do it toe my children, I'm really offended -- it to my children, I'm | :19:25. | :19:28. | |
really offended, they didn't choose to live in our family, they have | :19:29. | :19:33. | |
been born into it. For us, that is the main thing. Sometimes, when it | :19:33. | :19:37. | |
comes close, like family members, that hurts, but otherwise, we're | :19:37. | :19:42. | |
just an ordinary family. It's their problem, not our's. Perhaps you | :19:42. | :19:48. | |
heard, speaking to the minister Francis Maude there, his view was, | :19:48. | :19:52. | |
that in several years it might just be common place, that this will not | :19:52. | :19:58. | |
have been seen to be such a major thing. He was suggesting through | :19:58. | :20:03. | |
the next generation, do you see, in the 12 years since you have been | :20:03. | :20:07. | |
marriage, a general change in attitudes in society in the | :20:07. | :20:12. | |
netherlands? It's getting more common. It is one of the options. | :20:12. | :20:15. | |
Sure, you have to explain, everybody asks you, are you married, | :20:15. | :20:19. | |
and then what is the name of your husband, when you say it is my wife. | :20:19. | :20:23. | |
They say, that is a possibility as well. In that meaning, people | :20:23. | :20:28. | |
change, their attitudes changes. In the next generation, where more | :20:28. | :20:32. | |
countries have opened up marriage, it makes it more common, so, yeah, | :20:32. | :20:37. | |
I think he's right. Can you explain, from your point of view though, how | :20:37. | :20:41. | |
you begin to explain to people how you make it, as it were, less | :20:41. | :20:44. | |
threatening to people, perhaps, who are religious, and feel it is | :20:44. | :20:51. | |
actually an attack on their religion? I'm not attacking their | :20:51. | :20:57. | |
religion, it is their religion, it is not mine. That's first and for | :20:57. | :21:01. | |
all. As I see it, I always learned from my parents that God is love. | :21:01. | :21:06. | |
That's the only thing I do, I love my partner, and I love my children. | :21:06. | :21:12. | |
What's wrong with that. You are also religious? Yes, we are. | :21:12. | :21:16. | |
You are religious, and within your church, has there been an | :21:16. | :21:21. | |
acceptance that you didn't expect, or has there not been an acceptance, | :21:21. | :21:25. | |
how has it operated within your church? They are fine with it. It | :21:26. | :21:32. | |
is not a problem at all. It is not an issue. Although for us it is not | :21:32. | :21:38. | |
possible to get married in church, at the moment. It is not an issue | :21:38. | :21:42. | |
that we are lesbians and having kids and we have a legal marriage. | :21:42. | :21:50. | |
Thank you very much indeed. Still to come, Marine Le Pen tells | :21:50. | :21:56. | |
us David Cameron has it right on Europe, and...Cancer Is a word that | :21:57. | :22:00. | |
people are still reluctant to use, and I thought the more public it | :22:00. | :22:04. | |
got the better. The cryptic crossword that left solvers lost | :22:05. | :22:14. | |
:22:15. | :22:20. | ||
for words. Two days ago state-owned bank RBS was warned by the | :22:20. | :22:24. | |
Chancellor that their payment for their part in the LIBOR scandal | :22:24. | :22:28. | |
must come from bonuses from investment staff. That fine could | :22:28. | :22:32. | |
be expected as �400 million, who will take responsibility at the | :22:32. | :22:37. | |
bank, are heads going to role? Will heads role? A deputy head will | :22:37. | :22:40. | |
role. The head of the investment banking, he will leave the bank, it | :22:40. | :22:45. | |
will be confirmed tomorrow. He's also going to be denied his bonus | :22:45. | :22:51. | |
for 2012 he will be striped of the built-up bonuses of the three years | :22:51. | :22:55. | |
worth before, which is �4 million. It is a kind of punishment. It | :22:55. | :23:01. | |
seems to be a sacrificial offering to many. He wasn't directly or | :23:01. | :23:06. | |
indirectly linked to the LIBOR- fixing traders. It appears they | :23:06. | :23:12. | |
picked an abitary point. He wasn't linked to them at all? Yes, but why | :23:12. | :23:16. | |
should he go, why should the deputy chief executive go, not the chief | :23:16. | :23:20. | |
executive, Steven Hester, why shouldn't the chairman Government | :23:20. | :23:25. | |
they have decided to pick one individual. Peter Neilson, head of | :23:25. | :23:29. | |
markets, he's staying, he was rumoured to go. One guy is going. | :23:29. | :23:34. | |
At the heart is all about LIBOR and the rate-fixing scandal. Traders | :23:34. | :23:40. | |
six or seven pay grades beneath him decided to make money by fixes the | :23:41. | :23:48. | |
rate, the fines will be astronomical, Barclays �2. 9 | :23:48. | :23:53. | |
billion, and a �400 billion for Barclays, three-quarters of which | :23:53. | :24:00. | |
will go to the other side of the lafrpbtic. After PPI, outlandish | :24:00. | :24:04. | |
bonuses and investments that caused the financial crisis, LIBOR seemed | :24:04. | :24:11. | |
to top them all. Colluding to set the rate of interest which sets how | :24:11. | :24:16. | |
much people for for homes, brought the banks to an all-time low, LIBOR | :24:16. | :24:21. | |
is a key interest rate used all over the world, and it can affect | :24:21. | :24:24. | |
major investments, derivatives and/or mortgages. Here is how it is | :24:25. | :24:29. | |
set. A poofl banks, based in London, tell the British bankers | :24:29. | :24:36. | |
association, how much they have made to pour row -- British | :24:36. | :24:39. | |
Bankers' Association, how much they have paid to borrow money from | :24:39. | :24:42. | |
other banks. They strip out the highest and lowest numbers and | :24:42. | :24:47. | |
reach an average figure for that day, which is published. The | :24:47. | :24:50. | |
scandal developed when it emerged that some banks tried to move the | :24:50. | :24:53. | |
LIBOR bank up or down to make a profit. Traders would call up | :24:54. | :24:59. | |
colleagues, who submit the rates to the BBA, and urge them to submit an | :24:59. | :25:03. | |
inaccurate rate on behalf of the bank, in order to skew the average | :25:03. | :25:07. | |
figure in the preferred direction. So, if you shave one tenth of one | :25:07. | :25:14. | |
per cent off the interest rate on a �1 billion bond, it could be worth | :25:14. | :25:18. | |
�1 million to someone. That was unearthed by British and American | :25:18. | :25:23. | |
regulators last summer, initially at Barclays, and subsequently at | :25:23. | :25:29. | |
UBS, now the taxpayer-controlled RBS. It will show others banks were | :25:29. | :25:34. | |
at it for the period of 2005-2010. Because we have no clear evidence | :25:34. | :25:38. | |
of what the LIBOR rate would have been without the manipulation, the | :25:38. | :25:43. | |
fines being imposed by regulators are for willful abuse of the system, | :25:43. | :25:49. | |
rather than a specific amount earned as a result of it. Now RBS's | :25:49. | :25:51. | |
investment banking boss will be the sacrificial offering, even though | :25:51. | :25:55. | |
he had no direct or indirect knowledge of the rate-rigging by | :25:55. | :25:59. | |
traders working under him. There is definite pressure, we know there is | :25:59. | :26:03. | |
pressure from the regulator, probably from the Government | :26:03. | :26:07. | |
directly that, with RBS, they want to see scalps, and various people | :26:07. | :26:12. | |
fired. What I think is interesting is that the fine is being paid by | :26:12. | :26:19. | |
the entire bonus pool of RBS staff. 95% of them did not indulge in | :26:19. | :26:23. | |
manipulating LIBOR, and yet they are paying for the pain. I firmly | :26:23. | :26:27. | |
believe culture is set from the top of an organisation, and if you set | :26:27. | :26:33. | |
the culture that encourages wrongdoing, you need to leave. But | :26:33. | :26:36. | |
I also think the individuals need to be held accountability. | :26:36. | :26:46. | |
:26:46. | :26:51. | ||
fines for LIBOR abuse are set to be Most of the fines will go to | :26:51. | :26:54. | |
American regulator. That prompted the Chancellor to | :26:54. | :26:59. | |
intervene and say that fines had to be paid from RBS's bonus pool, as | :26:59. | :27:04. | |
well as clawbacks from previously paid bonus. We all know there are | :27:04. | :27:09. | |
LIBOR investigations on going into RB in both the UK and the US. Any | :27:09. | :27:15. | |
UK fine will benefit the public. When it comes to RBS I amer a clear | :27:15. | :27:20. | |
that the bill for any -- I am clear that the bill for any US fine, | :27:20. | :27:22. | |
related to this investigation, should be paid for by the bankers | :27:22. | :27:27. | |
and not the taxpayer. That is in marked contrast to 2011, when Mr | :27:27. | :27:32. | |
Osbourne said that RBS would be run on a hands-off, commercial basis. | :27:32. | :27:37. | |
When it comes to the banks where we have a shareholding in, like the | :27:37. | :27:40. | |
Royal Bank of Scotland, look, we have run these at arm's length, | :27:40. | :27:43. | |
that is what the last Labour Government did when they set up the | :27:43. | :27:48. | |
arrangements, and put all the tax- payers' money in. As for RBS, it is | :27:48. | :27:52. | |
two-thirds the way to break-even point, its shares are 50% higher | :27:52. | :27:56. | |
than six months ago, and it is a leaner bank than before. It is on | :27:56. | :28:02. | |
the critical list, and removing key executives may hinder rather than | :28:02. | :28:07. | |
help the recovery. Britain is set to introduce draconian new rules | :28:07. | :28:10. | |
for bankers who done wrong in the City of London, which could affect | :28:10. | :28:13. | |
other financial hubs around the world. There is a danger you could | :28:13. | :28:19. | |
throw the baby out with the bath wart e tell that to families who | :28:19. | :28:22. | |
are potentially paying for more their mortgage today than they | :28:22. | :28:27. | |
would do had the bankers not manipulated the LIBOR rate some | :28:27. | :28:31. | |
years ago. The name Le Pen is synonymous with | :28:31. | :28:36. | |
the leadership of the far right in France. Marine Le Pen took over two | :28:36. | :28:40. | |
years ago from her father, Jean- Marie, who led the party since its | :28:40. | :28:45. | |
form yaiing. In last month's presidential election she secured | :28:45. | :28:50. | |
6.1 million voters, one in five of the population. I spoke to her at | :28:50. | :28:53. | |
the European Parliament in Strasbourg earlier today. Marine Le | :28:53. | :28:57. | |
Pen is the face of French Euro- scepticism. I asked her if she | :28:57. | :29:02. | |
supported David Cameron's atept to renegotiation the member -- attempt | :29:02. | :29:08. | |
to renegotiation the relationship between member states. TRANSLATION: | :29:08. | :29:11. | |
For several years we have seen the affect of the EU on the economy, I | :29:11. | :29:14. | |
have demanded a renegotiation of a certain number of treaties, | :29:14. | :29:19. | |
including, of course, Schengen, in order to control immigration. Also | :29:19. | :29:22. | |
treaties that prevent France from protecting a certain number of its | :29:22. | :29:25. | |
economic sectors. As a result I understand Mr Cameron, in his | :29:25. | :29:28. | |
desire for renegotiation, even if the consequences of that | :29:28. | :29:31. | |
renegotiation wouldn't be the same for Mr Cameron's Government, and | :29:31. | :29:35. | |
the Government that I would eventually lead. | :29:35. | :29:39. | |
Last month David Cameron offered the UK the prospect of an in-out | :29:39. | :29:44. | |
referendum on membership of the EU. So, is it something Le Pen and her | :29:44. | :29:51. | |
party covet for France? TRANSLATION: I want to do the same | :29:51. | :29:55. | |
thing as Great Britain, if I came to power tomorrow, I would decide | :29:55. | :29:58. | |
to organise a referendum within 12 month. I would give myself 12 | :29:58. | :30:02. | |
months to negotiate the most important points with the European | :30:02. | :30:05. | |
Union. At the end of that 12-month negotiation period, I would ask the | :30:05. | :30:08. | |
French people to have their say, on the points that we manage to | :30:08. | :30:12. | |
renegotiate, and on the points that the European Union refuse to | :30:12. | :30:17. | |
negotiate. Yet, Le Pen herself is an MEP, her party doesn't sit in | :30:17. | :30:22. | |
the same group as the Tories in Brussels, but she believes they | :30:22. | :30:25. | |
have been influenced by a mounting Euro-scepticism here, in the form | :30:26. | :30:31. | |
of Nigel Farage's UKIP. TRANSLATION: But Mr Cameron still | :30:31. | :30:34. | |
believes in the European Union. I'm not ignorant of the reasons that | :30:34. | :30:38. | |
have forced him to call for a referendum. It is quite clearly | :30:38. | :30:42. | |
because he's under pressure from British euro-sceptics, who, we must | :30:42. | :30:45. | |
admit, are very close to our own position on the functions of the | :30:45. | :30:51. | |
European Union. I'm thinking, of course, of UKIP, who have developed | :30:51. | :30:54. | |
the same, firm Euro-scepticism towards the European Union and its | :30:54. | :30:59. | |
structures, that we ourselves defend. It is under pressure from | :30:59. | :31:02. | |
eurorealist, such as us, UKIP in Britain, the Front National in | :31:02. | :31:06. | |
France, the FBO in Austria, that we have managed to move the goal posts. | :31:06. | :31:11. | |
For that, of course, I congratulate myself. I'm completely convinced | :31:11. | :31:13. | |
that Mr Cameron would not have taken this decision, if the British | :31:13. | :31:17. | |
people had not turned in such a significant manner towards euro- | :31:17. | :31:22. | |
sceptic movements. The issue of immigration played a | :31:22. | :31:26. | |
prominent role in last year's election, during a campaign which | :31:26. | :31:30. | |
questioned the nature of French national identity. The Front | :31:30. | :31:34. | |
National campaign for legal migration into France, to be set at | :31:34. | :31:41. | |
10,000 people a year. TRANSLATION: Listen, I think we need to | :31:41. | :31:44. | |
profoundly change the rules around French nationality. Because the | :31:44. | :31:46. | |
problem with France is it automatically manufactures French | :31:46. | :31:51. | |
people, with all the well- documented problems of integration | :31:51. | :31:54. | |
that creates. For those foreigners legally in France, it is obvious, | :31:54. | :31:58. | |
either there is work, and at that point they work entirelyly normally, | :31:58. | :32:01. | |
they benefit from the social security that is associated with | :32:01. | :32:06. | |
their job, or, they are unemployed, and after a certain period of time | :32:06. | :32:10. | |
in unemployment, well we ask them to go back to their country of | :32:10. | :32:14. | |
origin. We can't meet the needs of extra unemployed people at the very | :32:14. | :32:18. | |
same time we have officially five million unemployed people in France, | :32:18. | :32:22. | |
and in reality, a further nine million people who aren't work as | :32:22. | :32:30. | |
much as they would like. I asked Marine Le Pen about the | :32:30. | :32:35. | |
party's advocacy of a system of French-first for jobs, and some | :32:35. | :32:38. | |
social services, such as accommodation? TRANSLATION: Yes, | :32:38. | :32:44. | |
yes, we have defended for a long time now the idea of national | :32:44. | :32:48. | |
preference, or national priority, as reverential access, not only to | :32:49. | :32:52. | |
jobs, but also to social housing. Charity begins at home, the | :32:52. | :32:56. | |
responsibility of the leaders of a country is first and foremost to | :32:56. | :33:00. | |
allow their own people to be able to work. To look after their | :33:00. | :33:04. | |
families and build up an estate. But, essentially, in France, would | :33:04. | :33:09. | |
you not be creating, as it were, second-class citizens, and is that | :33:09. | :33:15. | |
not of itself a rather dangerous idea? TRANSLATION: I completely | :33:15. | :33:19. | |
disagree with you. In every international treaty, it is | :33:19. | :33:25. | |
accepted that you can reserve preferential access for naturals in | :33:25. | :33:31. | |
their own country. When all else is equal, a French person will have | :33:31. | :33:38. | |
priority in a job f there is no-one of equal competence, a foreigner | :33:38. | :33:43. | |
can apply for that job. The presence of French troops in | :33:43. | :33:49. | |
Mali has revived the French. Mr Hollande has declared they will | :33:50. | :33:53. | |
remain as long as necessary does she support their involvement | :33:53. | :33:58. | |
there? TRANSLATION: We have a common history with Mali, we are | :33:58. | :34:02. | |
historical allies, we co-operate on defence, and so stfs only natural | :34:02. | :34:07. | |
that we responded -- it was only natural that we responded to the | :34:07. | :34:10. | |
Mali Government's call. That shouldn't hide the fact that we got | :34:10. | :34:15. | |
involved in Libya, not to advance the cause of democracy but Islamic | :34:15. | :34:19. | |
fundamentalism. I was the only one, for years, who denounced this | :34:19. | :34:22. | |
intervention in Libya, who denounced the fact that the Libyan | :34:22. | :34:26. | |
rebels, just like their counterparts in Syria, are in | :34:26. | :34:29. | |
reality corrupted, and at the behest of Islamic fundamentalists, | :34:29. | :34:36. | |
and their seizure of power, notably in Libya, where they immediately | :34:36. | :34:39. | |
imposed Sharia Law, would destablise the entire region, that | :34:39. | :34:43. | |
is what is happening in Mali today. The Mali operation follows France's | :34:43. | :34:46. | |
role, alongside the UK, in supporting the ref lug, which | :34:46. | :34:51. | |
overthrew the Gaddafi regime in Libya. But, for a party that | :34:51. | :34:56. | |
campaigns on anti-immigration, the upheaval caused by the Arab Spring | :34:56. | :35:01. | |
was unwelcome. Would she have preferred Gaddafi to have remained | :35:01. | :35:05. | |
in power? TRANSLATION: It would probably have been more effective, | :35:05. | :35:09. | |
whilst using diplomatic means of putting pressure on Mr Gaddafi to | :35:09. | :35:13. | |
introduce a not insignificant dose of democracy to his country, to | :35:13. | :35:20. | |
leave Mr Gaddafi in place. You must remember that has deplorable and | :35:20. | :35:25. | |
reprehensible a character Mr Gaddafi may have been in Libya, | :35:25. | :35:32. | |
like Mr Assad in Syria, these men fought against the rise of Islamic | :35:32. | :35:35. | |
fundamentalism, they contained it. So I asked her does that | :35:35. | :35:42. | |
endorsement of the status quo extend to the Assad regime? | :35:42. | :35:47. | |
TRANSLATION: I think that diplomacy, and notably Russian diplomacy has | :35:47. | :35:50. | |
made progress, that might allow an exit from the Syrian conflict. What | :35:50. | :35:55. | |
would be, on the other hand, utterly catastrophic, would be to | :35:55. | :35:58. | |
help Islamic fundamentalists to brutally overthrow the Government | :35:58. | :36:01. | |
of Bashar al-Assad. Because, once again, if they take control of | :36:01. | :36:06. | |
Syria, they too will immediately impose sariia law, and persecute | :36:06. | :36:09. | |
minorities who are part of the Syrian population. We can't just do | :36:09. | :36:13. | |
whatever we want in these countries, and breaking off relations with | :36:13. | :36:16. | |
Bashar al-Assad is senseless. On the other hand, guiding democratic | :36:16. | :36:20. | |
change in the country would be much more effective, much more | :36:20. | :36:29. | |
successful, and much less dangerous than what we are currently doing. | :36:29. | :36:33. | |
Before the end of the programme, we will have tomorrow's front page. | :36:33. | :36:38. | |
But first, paintings, books and plays, often contain clue as to the | :36:38. | :36:43. | |
artist or writer's state. What about a crossword? A master of the | :36:43. | :36:47. | |
art of the cryptic crossword, the Guardian's Araucaria, had something | :36:47. | :36:53. | |
very important to tell his legions of fan. So he put it where he had | :36:53. | :37:03. | |
:37:03. | :37:05. | ||
might his life's work, in a crossword puzzle. | :37:05. | :37:09. | |
Ten across, Chile pine by a river has Roman database for a song, nine | :37:09. | :37:15. | |
letters. Araucaria. | :37:15. | :37:19. | |
To try to describe one of his puzzles, it is the wit, there is | :37:19. | :37:24. | |
almost always a clue or a couple of clues that will make you laugh. | :37:24. | :37:30. | |
Just with the sheer elegance of it, or the sheer wit of it. They can be | :37:30. | :37:34. | |
witty and make you laugh. People who don't do crosswords think is | :37:35. | :37:38. | |
most peculiar, the clue will make you laugh with delight, and | :37:38. | :37:44. | |
Araucaria is the master of that. If your form with a crossword | :37:44. | :37:50. | |
puzzle is a bit checkered, you may have fallen foul of the genius | :37:50. | :37:59. | |
Araucaria, the botanical name for the monkey puzzle tree, is the nome | :37:59. | :38:03. | |
de clu of the former vicar setting crosswords in national papers for | :38:03. | :38:11. | |
50 years. He sees clues everywhere, is it an affliction? It would be an | :38:11. | :38:15. | |
exaggeration to call it an affliction. It is there. You can be | :38:15. | :38:20. | |
reading a poem, and suddenly it would occur to you that those two | :38:20. | :38:27. | |
words together make an anagram, and then you are not appreciating the | :38:27. | :38:33. | |
poem because you are side tracked, that happens a lot, certainly. | :38:33. | :38:40. | |
One across, "periodical for crosswords and powder", eight | :38:40. | :38:47. | |
letters, "magazine". # Come see the privates on parade | :38:47. | :38:52. | |
# You'll say how proudly they're displayed | :38:52. | :38:57. | |
Simon Russell Beale, knocking them dead in the West End in Privates on | :38:57. | :39:01. | |
Parade, finds Araucaria's crosswords a nice change after all | :39:01. | :39:09. | |
that cross-dressing. The company I'm in at the moment, | :39:09. | :39:14. | |
there are four of us who regularly, through the evening, pop into this | :39:14. | :39:17. | |
dress dressing room. When you say, through the evening, not while the | :39:17. | :39:23. | |
show is going on? Oh yeah. Really? If there are gaps, you know. If you | :39:23. | :39:30. | |
have five minutes, come in here and do a clue. There is a direct | :39:30. | :39:33. | |
connection between a fan and Araucaria. I think a lot of his | :39:33. | :39:39. | |
solvers think they know what type of man he is. I have an absolutely | :39:39. | :39:44. | |
clear picture of the type of sense of humour he has. It is a one-way | :39:44. | :39:48. | |
process, because I don't get to know my solvers, but they get to | :39:48. | :39:54. | |
know me. And I don't understand quite how it works, but they do. | :39:54. | :39:58. | |
Obviously because I have been doing it for a long time, and you build | :39:58. | :40:04. | |
up a sort of relationship, it is an odd one. | :40:04. | :40:07. | |
That relationship changed dramatically after Araucaria | :40:07. | :40:15. | |
published a crossword with this master clue. | :40:15. | :40:25. | |
:40:25. | :40:25. | ||
"Araucaria has 18 down of the 19 across, treated with 13, 15". | :40:25. | :40:32. | |
"cancer, oesophagus, palliative care". I started it and I got | :40:32. | :40:35. | |
cancer and oesophagus, and palliative care, and then, to be | :40:35. | :40:41. | |
honest, I didn't want to continue it. I didn't, I thought it was an | :40:41. | :40:47. | |
amazing thing to do. But I didn't feel comfortable continuing it | :40:47. | :40:52. | |
really. Many others were touched too. | :40:52. | :41:02. | |
:41:02. | :41:19. | ||
Cancer a word that people are still reluctant to use, I thought the | :41:19. | :41:25. | |
more public the better. So it worked. But I don't expect the | :41:25. | :41:29. | |
results to stop, it has been incredible. People have written and | :41:29. | :41:33. | |
send me cards and letters, and e- mails. I didn't expect anything | :41:33. | :41:41. | |
like that. What sort of things did they say to you? Different things. | :41:41. | :41:47. | |
Nobody said I deserved it! They actually seemed, because at some | :41:47. | :41:51. | |
point they phrased it so that it said that I was dying of cancer, | :41:51. | :41:58. | |
which I'm not really. I mean I have Cannes, but it does not mean to say | :41:58. | :42:01. | |
you have plenty of time to die of something else. There is no knowing | :42:01. | :42:05. | |
how long it will take. But some people got rather upset by this, | :42:05. | :42:10. | |
and say we can't live without you, sort of thing. People say the most | :42:10. | :42:20. | |
:42:20. | :42:21. | ||
lovely things. I'm sorry. It has brought tears to my eyes thinking | :42:21. | :42:30. | |
about it now. What do you think of the theatricality, if you will, of | :42:30. | :42:35. | |
announcing your illness, in this case, through the clues of a | :42:35. | :42:39. | |
crossword puzzle? That has a certain drama, does it? Yeah, good | :42:39. | :42:49. | |
:42:49. | :42:51. | ||
for him. It has panache, and it is and has a self-mockery too about it, | :42:51. | :43:01. | |
:43:01. | :43:02. | ||
I think. It is not making light of it, exactly, it is just appropriate, | :43:02. | :43:12. | |
:43:12. | :43:12. | ||
you know. It is done with love and wit, it is done for his, what do we | :43:12. | :43:18. | |
call ourselves? Solvers? It is done for his solvers. I think he did it | :43:18. | :43:26. | |
with great elan. Contemplating the end of things, a | :43:26. | :43:32. | |
lot of us, crossword buffs and others, tend to draw a blank. Not | :43:32. | :43:39. | |
so the Reverend John Galbraith Graham. We are quite ridiculous, it | :43:39. | :43:42. | |
is absurd that we are trying to drag it on the way we do. We waste | :43:42. | :43:52. | |
an awful lot of time and money and anxiety giving people a hope for | :43:52. | :43:58. | |
letting go. I don't know how the church got itself into that idea, | :43:58. | :44:02. | |
years ago people thought heaven was more important than earth. I think | :44:02. | :44:09. | |
so. You think so. How do you see the afterlife? I think it is utopia. | :44:09. | :44:13. | |
Are there crosswords there? I have had this, it is a very interesting | :44:13. | :44:19. | |
question, I don't see how there can be, I'm sure, if I do, yes I do see | :44:19. | :44:22. | |
it, because it all transcends anything we can think about. No | :44:22. | :44:32. | |
:44:32. | :44:35. | ||
doubt they will find some way of doing it. | :44:35. | :44:39. | |
Steve Smith and Araucaria has kindly composed a crossword | :44:39. | :44:43. | |
especially for Newsnight viewers, you will find it on-line on the | :44:43. | :44:46. | |
website. Tomorrow morning's front pages now. | :44:46. | :44:56. | |
:44:56. | :45:03. | ||
They all go with the gay marriage Chris Huhne's ex-wife there on the | :45:03. | :45:13. | |
:45:13. | :45:41. | ||
paper, apparently wanted to nail That's all from Newsnight tonight, | :45:41. | :45:48. | |
the Womanables first hit TV screens 40 years ago, today, surprisingly | :45:48. | :45:54. | |
they weren't strangled at birth. We leave you with a brief visit to | :45:54. | :46:04. | |
:46:04. | :46:06. | ||
Wimbledon Common. Womanables theme tune) | :46:06. | :46:16. | |
:46:16. | :46:18. | ||
-- Wombles theme tune. # The Wombles of Wimbledon are we | :46:18. | :46:19. | |
# Making good use of the things we find | :46:20. | :46:29. | |
:46:30. | :46:30. | ||
# Things that the every day folks leave behind. No end yet to the | :46:30. | :46:34. | |
current cold spell. Tomorrow an Arctic wind to contend with, that | :46:34. | :46:38. | |
will make it feel bitter. Plenty of cloud to start the day. Across the | :46:38. | :46:41. | |
north of England, showers, sleet and hill snow. Further south | :46:41. | :46:44. | |
overnight wet weather clearing away from the south-east. Brightening up | :46:44. | :46:49. | |
for a time in the morning. Windy across the south-east and East | :46:49. | :46:53. | |
Anglia. Strong wind across western areas easing during the day. At | :46:53. | :46:56. | |
this stage blowing showers across south-west England. Some | :46:56. | :47:02. | |
winteryness on the high ground. Elsewhere we will see sunshine. | :47:02. | :47:04. | |
Sunshine to come eventually in Northern Ireland, there will be | :47:04. | :47:09. | |
some brightness around first thing. Still a few showers to contend with. | :47:09. | :47:12. | |
Icey patches possible here for northern England and across | :47:12. | :47:15. | |
Scotland. For northern Scotland snow showers here will begin to | :47:15. | :47:19. | |
accumulate to lower level, as will the wintery showers running down | :47:19. | :47:24. | |
eastern coastal parts of England during the day. The snow for north | :47:24. | :47:27. | |
York moors, mainly rain, sleet and hail. Increasing sunshine. It will | :47:28. | :47:34. | |
feel bitter in the Arctic wind, much colder than those temperatures | :47:34. | :47:37. |