Browse content similar to 28/08/2014. Check below for episodes and series from the same categories and more!
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Tonight more trouble for the Tories over Europe. David Cameron loses an | :00:00. | :00:13. | |
MP to UKIP, forcing an unwelcome and dangerous by-election. I will ask | :00:14. | :00:18. | |
the granddaddy of Tory Euro-rebles if Douglas Carswell has done the | :00:19. | :00:21. | |
right thing. Douglas Carswell has gone from the party, the only party | :00:22. | :00:27. | |
that can deliver a referendum, that is a retrogade step. Do you speak | :00:28. | :00:33. | |
money? A world in which banks have haircuts. And some are zombies, | :00:34. | :00:41. | |
where you avoid a bear market and dead cats bouncing. Also tonight: | :00:42. | :00:51. | |
Where is my ice-cream? Sorry Ian. Ahhhh. You have got your own | :00:52. | :00:55. | |
freezer. Someone has taken it out of the freezer and it is all melted. It | :00:56. | :01:02. | |
was meltdown or was it baked Alaskagate. David Watters cruelly | :01:03. | :01:09. | |
binned from Bake Off last night after his ice-cream was left out of | :01:10. | :01:14. | |
the freezer. Tonight on Newsnight he resurrects his baking career. | :01:15. | :01:23. | |
Good evening it wasn't exactly the kind of surprise to bring a smile to | :01:24. | :01:28. | |
David Cameron's face, just as he was heading north to would Scotland -- | :01:29. | :01:34. | |
woo Scotland for the union, looking for good headlines, the Tory Douglas | :01:35. | :01:38. | |
Carswell announced he was high tailing it to UKIP, and not that he | :01:39. | :01:44. | |
would sit in the Commons until after the election, he's forcing a | :01:45. | :01:49. | |
by-election in his seat where he turned a wafer thin majority into a | :01:50. | :01:52. | |
safe Conservative seat. His gripe, that David Cameron is not serious | :01:53. | :01:56. | |
enough about his plans to reform the European Union. | :01:57. | :02:01. | |
No-one was quite sure what UKIP were up to this morning, until they | :02:02. | :02:07. | |
caught sight of this MP. A Tory MP, that is, he was yesterday. I'm today | :02:08. | :02:12. | |
leaving the Conservative Party and joining UKIP. (Cheering) The problem | :02:13. | :02:19. | |
is that many of those at the top of the Conservative Party are simply | :02:20. | :02:24. | |
not on our side. They aren't serious about the change that Britain so | :02:25. | :02:29. | |
desperately needs. No-one cheered David Cameron's Bloomberg speech | :02:30. | :02:34. | |
more loudly than me when he promised to negotiate a fundamentally | :02:35. | :02:37. | |
different relationship with the EU, when he promised to put it to the | :02:38. | :02:41. | |
people in 2017, in or out. But there has been no detail since. That is | :02:42. | :02:45. | |
because there isn't any. They are not serious about it. They haven't | :02:46. | :02:49. | |
thought it through. I also want to say I think what you have just done | :02:50. | :02:53. | |
is without doubt the bravest, most honourable and noblist thing I have | :02:54. | :02:59. | |
seen in British politics in my lifetime. So all eyes move to | :03:00. | :03:04. | |
Carswell's constituency of clockeden to, where a bitter by-election will | :03:05. | :03:07. | |
now be fought. This morning in Westminster we thought we might be | :03:08. | :03:10. | |
seeing the beginnings of a purple plot, an orchestrated move by MPs to | :03:11. | :03:15. | |
defect to UKIP, perhaps as many as one MP per week, going over to the | :03:16. | :03:19. | |
party over the next month. In reality those MPs we know to be | :03:20. | :03:22. | |
sympathetic to Douglas Carswell were to be found in their polo shirts and | :03:23. | :03:26. | |
holiday shorts, hard leaved that they were prepared for this move -- | :03:27. | :03:31. | |
evidence that they were prepared for this move against David Cameron. | :03:32. | :03:35. | |
Even so, this is hardly a coup but what happens here in clockeden to | :03:36. | :03:40. | |
will matter in Westminster. The local Tory MP learned of Carswell's | :03:41. | :03:44. | |
defection 20 seconds before the rest of u pitching him into a by-election | :03:45. | :03:49. | |
against his one-time friend. We will put up a Conservative candidate and | :03:50. | :03:55. | |
give him a good fight. How likely is it to be against someone with such | :03:56. | :03:59. | |
satture in the area, he's so well known? He has been such a good | :04:00. | :04:04. | |
constituency MP, but a lot of people will be very disappointed with him. | :04:05. | :04:07. | |
I have already had people saying, you know, a turn coat is never a | :04:08. | :04:13. | |
good thing. I will not criticise Douglas, I like him as a person and | :04:14. | :04:17. | |
he's a friend, I'm only disappointed that he has done this. Clockeden to | :04:18. | :04:21. | |
loves Carswell, at the last election he gained a 12,000-vote majority. In | :04:22. | :04:30. | |
total over half of those who voted in the seat voted for him. Here is | :04:31. | :04:36. | |
he COMPLANL how he galvanised clockeden to? We are doing it in | :04:37. | :04:42. | |
buildings like this and wondering why we are haemorrhaging membership | :04:43. | :04:48. | |
we are doing it 1950s style. He has been long denouncing some party | :04:49. | :04:53. | |
issues. He has a following and the seat of Clacton itself ready to | :04:54. | :04:57. | |
rebel? It is the most favourable seat for UKIP in the country. It is | :04:58. | :05:01. | |
full of older, white, working-class pensioners who feel left behind | :05:02. | :05:05. | |
economically, angry at Westminster, anxious over Europe, resentful | :05:06. | :05:09. | |
towards immigration. So in effect Douglas Carswell was already sitting | :05:10. | :05:14. | |
on the most UKIP-friendly seat in the entire country. I will still | :05:15. | :05:19. | |
vote for the Tories. You wouldn't would you. Your daughter has gone | :05:20. | :05:26. | |
UKIP. I can't help about that. What about you? Isn't UKIP for the | :05:27. | :05:32. | |
independence from Europe. It is wanting Britain out of Europe? It | :05:33. | :05:35. | |
wants Britain out of Europe, he wants Britain out of Europe, you are | :05:36. | :05:39. | |
an old veteran, what are you talking about, you are causing a divide. | :05:40. | :05:46. | |
Clacton peer won't be good for Tories Dragooned into fighting the | :05:47. | :05:49. | |
by-election, and the Prime Minister might feel under pressure to tighten | :05:50. | :05:52. | |
up his European referendum pledge. It used to be until recently that | :05:53. | :05:56. | |
Douglas Carswell was supportive of David Cameron's European referendum | :05:57. | :05:59. | |
pledge, but not any more. And now the party will have to fight tooth | :06:00. | :06:04. | |
and claw to make sure it is not defeated on this most sensitive of | :06:05. | :06:08. | |
issues. It is deeply regrettable when things happen like this and | :06:09. | :06:11. | |
people behave in this way. But it is also, in my view, | :06:12. | :06:15. | |
counter-productive. If you want a referendum on Britain's future in | :06:16. | :06:19. | |
the EU, whether we should stay or go, the only way to get that is to | :06:20. | :06:23. | |
have a Conservative Government. Tonight there is speculation of | :06:24. | :06:27. | |
perhaps one more Tory defection to UKIP. But for now, in a by-election | :06:28. | :06:31. | |
the Prime Minister today suggested will be moved sooner rather than | :06:32. | :06:35. | |
later, Douglas Carswell is UKIP's best chance, a very good chance. | :06:36. | :06:41. | |
A little earlier I spoke to a man who knows a thing or two about | :06:42. | :06:44. | |
rebelling over Europe, cabinet minister, Iain Duncan Smith. I began | :06:45. | :06:48. | |
by asking him whether he cared that Mr Carswell has left the Tory ranks | :06:49. | :06:53. | |
for UKIP? I do, I think anybody in the Conservative Party would care | :06:54. | :06:57. | |
that any MP elected on a Conservative manifesto decides to go | :06:58. | :07:02. | |
and join another party. I know Douglas quite well really. He is | :07:03. | :07:08. | |
that classic figure who is never really seeking front bench | :07:09. | :07:11. | |
appointment but really agitates from the backbenches, it is a traditional | :07:12. | :07:16. | |
historic place to be here. You would call it the grit in the oyster is | :07:17. | :07:20. | |
really his role. I regret he's gone, you think he has made a big mistake, | :07:21. | :07:25. | |
even by his own words. He welcomed David Cameron's commitment to a | :07:26. | :07:30. | |
referendum on the EU, what has changed. Doesn't it show that you | :07:31. | :07:33. | |
can't keep giving to the euro-sceptics because they are never | :07:34. | :07:36. | |
satisfied? Not really, I think the problem is this is very much a | :07:37. | :07:39. | |
Douglas Carswell moment, in other words he is very much an individual | :07:40. | :07:43. | |
who would make this kind of decision. And I think I have no | :07:44. | :07:47. | |
reason to... So you weren't surprised? We were all surprised but | :07:48. | :07:51. | |
not necessarily surprised in a funny sort of way. Douglas Carswell has | :07:52. | :07:55. | |
always been a little bit of a loner on the backbench, he makes his own | :07:56. | :08:00. | |
decisions for himself. What I'm puzzled and perplexed about is to | :08:01. | :08:03. | |
why all of a sudden he having gone into the summer break, apparently | :08:04. | :08:06. | |
quite content, he suddenly decided he isn't. There is a perplexing | :08:07. | :08:10. | |
moment to this. This is the wrong move to make. What does it say that | :08:11. | :08:14. | |
David Cameron can't even persuade one of his own backbenchers that | :08:15. | :08:18. | |
he's serious about European reform, why should the public believe him? I | :08:19. | :08:22. | |
have to say that in the course of the next few weeks and months we | :08:23. | :08:25. | |
will have to step up the gas and make sure the public understands | :08:26. | :08:28. | |
this. The reality is that there is only one party that is promising | :08:29. | :08:30. | |
that referendum. It is not a competition on this. We have to make | :08:31. | :08:35. | |
sure we get this out there. The point I come back to again and again | :08:36. | :08:38. | |
is the simple point, I trust the British people to make that | :08:39. | :08:42. | |
decision, I will make my mind up enI see what the Prime Minister blings | :08:43. | :08:47. | |
-- when I see what the Prime Minister brings back, and thenally | :08:48. | :08:52. | |
make up my mind. Isn't Douglas Carswell's position very clear when | :08:53. | :08:55. | |
you look at a commitment that you have made that net immigration will | :08:56. | :08:59. | |
fall to under 100,000 before the next election and the new figures | :09:00. | :09:05. | |
are an upward trajectory to 243,000, you are never going to make your | :09:06. | :09:08. | |
target by the election? I still feel we will. But the key thing of course | :09:09. | :09:13. | |
is the problem in terms of those not in the EU, we have reduced it | :09:14. | :09:17. | |
dramatically. But you have a free movement of people in Europe and you | :09:18. | :09:19. | |
can't do anything about that, and you will never take 143,000 off | :09:20. | :09:24. | |
before next year? My point is that the European Union needs to | :09:25. | :09:27. | |
understand and it will understand that this negotiation is serious. | :09:28. | :09:30. | |
That if Britain doesn't get what it wants what will happen is the Prime | :09:31. | :09:34. | |
Minister will come back and the British public will choose not to | :09:35. | :09:40. | |
stay in. And he will campaign for a no vote in that case? He has to make | :09:41. | :09:43. | |
his decision. When the Prime Minister comes back, this is the | :09:44. | :09:46. | |
point that is really clear, when the Prime Minister comes back, having | :09:47. | :09:50. | |
had that negotiation, he will have to decide himself what he campaigns | :09:51. | :09:54. | |
for. Because he will decide whether or not he has brought back what he | :09:55. | :09:57. | |
thinks is sufficient. The key thing is the British people will make that | :09:58. | :10:00. | |
decision, that is the point. They will make it, not me. I will just be | :10:01. | :10:04. | |
one vote and one voice, so will the Prime Minister. The truth is Douglas | :10:05. | :10:08. | |
Carswell wanted that. Now he has got it. That is what I wanted, I wanted | :10:09. | :10:12. | |
the British people to have a referendum, I have wanted it since I | :10:13. | :10:17. | |
rebelled en mass tricked and I have got it under -- Maastricht, and I | :10:18. | :10:20. | |
have got it under this Conservative Government and that is what we | :10:21. | :10:24. | |
should hold on to. So ironic talking about Maastricht, you were the | :10:25. | :10:29. | |
architect of exactly this kind of rebellion, you rebelled over and | :10:30. | :10:34. | |
over and over. In fact you even. Indeed and rather proud of it. You | :10:35. | :10:38. | |
voted with Labour 11 times. You were one in the cabinet that John Major | :10:39. | :10:42. | |
called the "bastards" who were knifing him. Douglas Carswell has | :10:43. | :10:46. | |
learned at the feet of the master. He's rebelling over Europe just as | :10:47. | :10:50. | |
you did. Many people do, and my point here is that I feel very | :10:51. | :10:53. | |
strongly and passionately about making sure that our relationship | :10:54. | :10:56. | |
with Europe is the right one, I believe it isn't. Hold on, I have | :10:57. | :11:00. | |
called for a referendum for many years now and we have now, this is | :11:01. | :11:04. | |
the irony, this Prime Minister, David Cameron, has agreed if we get | :11:05. | :11:09. | |
re-elected, if the public says, yes, we want a Conservative Government, | :11:10. | :11:12. | |
he has agreed to grant that referendum. He will renegotiate and | :11:13. | :11:16. | |
he will come back, if he can, with something that he says, if he thinks | :11:17. | :11:20. | |
that is the case he wants to stay in with. I'm simply saying he has | :11:21. | :11:23. | |
trusted the British people, like no other Prime Minister, has trusted | :11:24. | :11:27. | |
the British people since Harold Wilson came back with a referendum. | :11:28. | :11:30. | |
I'm simply saying this is what we wanted. Douglas Carswell wanted it | :11:31. | :11:34. | |
and I'm impress bid the Prime Minister having done it. You were | :11:35. | :11:40. | |
one of the ones that actually started the image of the party | :11:41. | :11:43. | |
divided over Europe and that image has never changed. It has simply | :11:44. | :11:50. | |
intensified. In a sense you rebelled endlessly over Maastricht and | :11:51. | :11:53. | |
Carswell is not happy with the direction and feels he can make | :11:54. | :11:57. | |
change and he's off to UKIP, it was the most honest thing to do wasn't | :11:58. | :12:00. | |
it? No, the reason I rebelled against Maastricht is I believed it | :12:01. | :12:03. | |
was going in the wrong direction, I believe I was right, not with | :12:04. | :12:06. | |
standing anything else, the point here and the question is this, | :12:07. | :12:10. | |
Douglas Carswell has gone from the party, the only party that can | :12:11. | :12:14. | |
deliver a referendum, that is therefore a retrogade step. He won't | :12:15. | :12:17. | |
trust the British people because he won't deliver it through UKIP. I | :12:18. | :12:21. | |
want to deliver a referendum, that is why I trust the Prime Minister, a | :12:22. | :12:24. | |
Conservative Government is the only Government to deliver a referendum | :12:25. | :12:27. | |
after the next election. It is a simple question really. Thank you. | :12:28. | :12:32. | |
I'm joined now to discuss the ramifications of Douglas Carswell's | :12:33. | :12:37. | |
defection by the UKIP MEP Patrick O'Flynn and a pair of peer, Danny | :12:38. | :12:41. | |
Finkelstein who advises William Hague, and the associate editor of | :12:42. | :12:45. | |
the Times and Sally Morgan who worked for Tony Blair. How angry do | :12:46. | :12:48. | |
you think that David Cameron will be by this defection and the time of | :12:49. | :12:54. | |
it? I'm sure he won't be very happy, it is profoundly unhelpful. The | :12:55. | :12:59. | |
Conservative strategy has to focus on the choice between Ed Miliband | :13:00. | :13:03. | |
and David Cameron. It will give UKIP momentum in a period when the | :13:04. | :13:06. | |
Conservative Party was hoping it wouldn't have momentum and it would | :13:07. | :13:09. | |
be able to focus the battle on that choice. And now it will be robbed of | :13:10. | :13:13. | |
that opportunity, certainly for a period, it is profoundly unhelpful. | :13:14. | :13:18. | |
Let's look at the splash tomorrow morning on the Mail, Patrick | :13:19. | :13:22. | |
O'Flynn, eight more Tories in UKIP talks and apparently a series of | :13:23. | :13:28. | |
lunches? Did you know about these? I think Stuart Wheeler's lunches date | :13:29. | :13:33. | |
back some time. I am' sure there are talking going on between UKIP and | :13:34. | :13:35. | |
other political parties all the time. Is the Mail overplaying this | :13:36. | :13:40. | |
or are there eight more Tories in UKIP talks? What I'm focussed on | :13:41. | :13:45. | |
tonight is Douglas Carswell has made a magnificent gesture, I would say | :13:46. | :13:49. | |
has made an irresistable pitch to his voters in Clacton, and it is | :13:50. | :13:57. | |
UKIP at the collapsibility to help him deliver the victory he deserves. | :13:58. | :14:01. | |
I'm focussing on the person with integrity coming over. Are there | :14:02. | :14:06. | |
more Tories ready to make the leap, is this story actually wrong? I'm | :14:07. | :14:09. | |
sure there are Conservative MPs who think about these things. I don't | :14:10. | :14:16. | |
know whether or where the Daily Mail gets their figure of eight? When | :14:17. | :14:21. | |
Allegra says there might be one more, is that on the right side of | :14:22. | :14:26. | |
one more, eight more or how many more, is this a rolling programme? I | :14:27. | :14:30. | |
don't have perfect information and no-one does. One can only imagine | :14:31. | :14:33. | |
what is in the mind of Conservative MPs. Clearly Douglas Carswell did | :14:34. | :14:38. | |
not find David Cameron's pitch convincing and there may well be | :14:39. | :14:41. | |
other Conservative MPs in that position. Is this a flash in the | :14:42. | :14:44. | |
pan. Is it just going to be Carswell or more? A lot depends. One does not | :14:45. | :14:50. | |
make a summer? A lot depends on the result of the by-election, doesn't | :14:51. | :14:54. | |
it. It is UKIP's profound responsibility to back Douglas | :14:55. | :14:58. | |
Carswell in the magnificent step he has taken. You had candidate and you | :14:59. | :15:03. | |
didn't do him the curtesy of telling him that Douglas Carswell was about | :15:04. | :15:07. | |
to move, he's very angry and upset and will be taking you to task? Look | :15:08. | :15:12. | |
the nature of these things has to be, there has to be a certain amount | :15:13. | :15:16. | |
of secrecy around it. And one regrets that. But I can't think of | :15:17. | :15:20. | |
any way around choreographic these things to the benefit of the party | :15:21. | :15:26. | |
without a degree of secrecy. I have to say to Danny Finkelstein, we | :15:27. | :15:30. | |
heard from Allegra there, there is a likelihood of an earlier rather than | :15:31. | :15:33. | |
later by-election, which will be a problem for the conference season | :15:34. | :15:37. | |
and everything else. If, as is likely, he would have a very good | :15:38. | :15:47. | |
fight and by the looks of what we are saying Clacton is a UKIP area | :15:48. | :15:53. | |
will it bring the others out? Not all areas are Clacton, and they | :15:54. | :16:02. | |
don't all have Douglas Carswell's attitude. He's forcing other people | :16:03. | :16:07. | |
to think could they win their constituency, he could win Clacton | :16:08. | :16:13. | |
because of the constituency seat. He will have encouraged some people by | :16:14. | :16:16. | |
what he has done, but because he has done it in the way he has done it, | :16:17. | :16:21. | |
it will discourage them. He has a good chance of winning it. Clacton, | :16:22. | :16:25. | |
this was a safe Labour seat in 2005, and here we have it, a constituency | :16:26. | :16:30. | |
which has flipped. You have just given up on this one presumably? I | :16:31. | :16:33. | |
don't think Labour has given up on any of these seats. But it is clear | :16:34. | :16:38. | |
that there is a series of these seaside seats. It is isn't that it | :16:39. | :16:42. | |
did flip back? It was a marginal, these are all marginal seats, they | :16:43. | :16:47. | |
were Tory-Labour marginals right round the coast actually and they | :16:48. | :16:50. | |
have similar characteristics. It was a Labour seat and you held it? We | :16:51. | :16:56. | |
did hold it seats like Clacton. We won them in 1997. The reason I | :16:57. | :17:00. | |
mention this of course because much like the Daily Mail story, Nigel | :17:01. | :17:03. | |
Farage, he's talking to everybody clearly, he says he's talking to | :17:04. | :17:06. | |
Labour MPs, is that beyond the bounds of possibility? I find that | :17:07. | :17:11. | |
considerably less likely than Tory MPs. This is a serious blow for | :17:12. | :17:16. | |
David Cameron this tonight. It is a serious blow. I don't think very | :17:17. | :17:21. | |
likely for Labour MPs, there is a Labour element to it, the reason why | :17:22. | :17:25. | |
Clacton is appealing to UKIP is because of its appeal to a certain | :17:26. | :17:28. | |
part of Labour's base vote. That is the theory that these academics have | :17:29. | :17:33. | |
advanced, it is compelling. It does kind of show that once you give one | :17:34. | :17:36. | |
thing away they will come back for more, and in fact, you heard Iain | :17:37. | :17:41. | |
Duncan Smith already moving there, saying we have to strengthen our | :17:42. | :17:44. | |
resolve, we have to move on this, that is driving the agenda. I know | :17:45. | :17:49. | |
all the concentration is on Europe, I actually think recall is a bigger | :17:50. | :17:53. | |
issue for Douglas Carswell. So Douglas Carswell as well as being | :17:54. | :17:57. | |
interested in Europe has a lot of theories, many very interesting | :17:58. | :18:00. | |
about how politics works, you have had him on Newsnight doing. That I | :18:01. | :18:03. | |
think that was very much in his mind actually, not just Europe. On Europe | :18:04. | :18:07. | |
he can't really be saying David Cameron hasn't got a specific enough | :18:08. | :18:11. | |
programme on negotiations because he's not in favour of remaining in | :18:12. | :18:15. | |
the European Union. He said he doesn't trust David Cameron, and | :18:16. | :18:20. | |
that is a real problem. And today every media outlet. According to | :18:21. | :18:24. | |
Fraser Nelson, he tweeted that actually he had audio of Douglas | :18:25. | :18:27. | |
Carswell being fulsome about David Cameron? And then you have a series, | :18:28. | :18:35. | |
the media today is full of every euro-sceptic, that is the problem. | :18:36. | :18:41. | |
You are a UK MEP, Douglas Carswell who has never particularly wanted | :18:42. | :18:44. | |
glory is suddenly about to have glory as the first UKIP MP, that is | :18:45. | :18:46. | |
a bit of glory, isn't it? To be glory as the first UKIP MP, that is | :18:47. | :18:52. | |
first directly elected UKIP MP would be an historic breakthrough. I have | :18:53. | :18:55. | |
had the benefit of some conversations with Douglas in recent | :18:56. | :19:01. | |
days and I agree with Danny that the dilution almost to the point of | :19:02. | :19:05. | |
extinction of right of recall was a major point for him of becoming | :19:06. | :19:09. | |
disillusioned with the direction of the Tory leadership. So recently he | :19:10. | :19:15. | |
was being very praising of David Cameron. This is simply something | :19:16. | :19:18. | |
that was not on the agenda six months ago? Somebody I think has | :19:19. | :19:23. | |
said something to him that makes him no longer trust Cameron. I think he | :19:24. | :19:27. | |
has had conversations with certain people around David Cameron, which | :19:28. | :19:33. | |
has led him to question the sincerity of the Cameron leadership | :19:34. | :19:37. | |
of the Conservative Party. The timing in another way is very | :19:38. | :19:40. | |
tricky, here is David Cameron in Scotland trying to absolutely make | :19:41. | :19:44. | |
sure that he has the CBI dinner tonight, that he's promoting the no | :19:45. | :19:48. | |
vote very heavily, and one of the issues, one of the fault lines is | :19:49. | :19:52. | |
that people in Scotland by and large appear to be less euro-sceptic than | :19:53. | :19:56. | |
anywhere else in the country. To think that actually we are going to | :19:57. | :20:00. | |
see a series of MPs pushing the Conservatives even further in the | :20:01. | :20:03. | |
direction of an exit door to Europe may have an impact on wavering | :20:04. | :20:12. | |
voters? He will be thinking about the impact on the general election | :20:13. | :20:15. | |
campaign primarily. It will have an effect? No individual political | :20:16. | :20:20. | |
event has as much impact as it does on the day. But it will have some | :20:21. | :20:24. | |
impact. Douglas Carswell is not immune, by the way, to political | :20:25. | :20:28. | |
glory year, he's somebody who is very strong-headed and he has a lot | :20:29. | :20:31. | |
of political ideas. One of the interesting things is how he shifts | :20:32. | :20:35. | |
UKIP. It is quite an earthquake, you will have a potential member of | :20:36. | :20:38. | |
parliament and a leader of the party, and actually the tone of | :20:39. | :20:42. | |
Nigel Farage and Douglas Carswell, both intelligent and able people, | :20:43. | :20:46. | |
but it is quite different and it was quite noticeable on Douglas's | :20:47. | :20:50. | |
performance. I think it will be an interesting thing to watch UKIP. It | :20:51. | :20:55. | |
might not have it all his own way? It will be interesting to watch UKIP | :20:56. | :21:00. | |
as it tries to absorb Douglas, which the Conservative Party frankly found | :21:01. | :21:03. | |
quite hard. Another one within the month then? I wouldn't put deadlines | :21:04. | :21:10. | |
and time limits on it. My absolute focus is Douglas Carswell has done a | :21:11. | :21:14. | |
magnificent thing and UKIP must now deliver him the result he deserves | :21:15. | :21:18. | |
and help him do that. Thank you three. | :21:19. | :21:24. | |
The UN Security Council is in an emergency session today discussing | :21:25. | :21:28. | |
the crisis in Ukraine. But they are all in accord, Vladimir Putin is | :21:29. | :21:31. | |
escalating the crisis in the country. NATO says 20,000 Russian | :21:32. | :21:35. | |
troops are had he border in Ukraine and 1,000 inside. Russia denies the | :21:36. | :21:39. | |
incursion claiming the soldiers in Ukraine are there in their own time | :21:40. | :21:42. | |
and not part of the Russian military. According to Ukraine's | :21:43. | :21:48. | |
President they helped the rebels capture a key coastal town. As often | :21:49. | :21:52. | |
the question has to be what is in the Russian President's game and who | :21:53. | :21:56. | |
is he trying to promote. This is the view of the Ukrainian Prime | :21:57. | :22:04. | |
Minister. We can confirm that Russian military boots are on | :22:05. | :22:10. | |
Ukrainian ground. Ukrainian forces are capable to tackle and to cope | :22:11. | :22:15. | |
with the Russian-led guerrillas. But this is quite difficult for us to | :22:16. | :22:22. | |
fight with Russia. Well, our diplomatic editor is here. What is | :22:23. | :22:26. | |
the actual hard and fast evidence that Russian troops are operating | :22:27. | :22:29. | |
inside Ukraine? Well, things have clearly changed a lot in the past | :22:30. | :22:33. | |
week. NATO said this morning they thought more than 1,000 Russian army | :22:34. | :22:37. | |
soldiers were in the south-east of Ukraine. I'm told there are | :22:38. | :22:41. | |
classified assessments that put the figure considerably higher than that | :22:42. | :22:45. | |
for battalion tactical groups, they are thought to be there in NATO | :22:46. | :22:49. | |
which would come close Tory 5,000. One of the separatist leaders | :22:50. | :22:54. | |
earlier this week, interestingly, talked about 3,000-4,000 Russians | :22:55. | :22:58. | |
being there as toll tears to help out. As you said earlier Russia is | :22:59. | :23:04. | |
not officially acknowledging this, NATO has producing satellite | :23:05. | :23:08. | |
imagery, saying they have located units like a self-propelled | :23:09. | :23:13. | |
artillery battery inside Ukraine. It is a gun line, not the sort of thing | :23:14. | :23:17. | |
that separatist who hit the bottle could put together. It is a proper | :23:18. | :23:20. | |
military formation. That is the message they are sending. The really | :23:21. | :23:24. | |
interesting evidence is the human level. We saw a few days back | :23:25. | :23:31. | |
Ukraine showing those paratroopers from a specific Russian army | :23:32. | :23:35. | |
airborne regiment that they captured. We have heard about | :23:36. | :23:39. | |
casualties going back to hospitals in St Petersburg, and burials in | :23:40. | :23:44. | |
places. Also groups of mothers. This lady says her son is one of the | :23:45. | :23:48. | |
captured soldiers. Getting organised, they are talking about | :23:49. | :23:52. | |
400 soldiers killed or wounded. Now the fascinating thing here is that | :23:53. | :24:02. | |
the percolation of the knowledge through the military, we haven't | :24:03. | :24:05. | |
seen it before, it seems definite evidence that the units have gone in | :24:06. | :24:11. | |
some or another. What is behind it? If we look at the last few weeks, | :24:12. | :24:15. | |
the Ukrainian President has been pushing the antiterrorist operation, | :24:16. | :24:18. | |
the offensive against the separatist. In some ways some would | :24:19. | :24:22. | |
say he hasn't given enough emphasis to negotiation. He has tried to seek | :24:23. | :24:26. | |
a military solution, there has been heavy fighting and considerable | :24:27. | :24:30. | |
gains for the Ukrainian forces. If we look at a map we can see in | :24:31. | :24:39. | |
particular the Donetsk pocket has been cut off and the Luhansk one | :24:40. | :24:45. | |
squeezed. Many speculated that President Putin would not allow | :24:46. | :24:49. | |
those pockets of separatist to fall. He has sent in troops, that is the | :24:50. | :24:53. | |
belief in NATO, nah the south they have -- and in the south they have | :24:54. | :24:59. | |
pushed towards Mariupol and some suspect they might open a corridor | :25:00. | :25:08. | |
to Crimea. They have pushed towards Donetsk to reopen land communication | :25:09. | :25:13. | |
with that enclave, and pushed down towards Luhansk. Is this what we are | :25:14. | :25:17. | |
seeing here, an incursion, an invasion what is it? Is it just | :25:18. | :25:21. | |
about semantics or does it matter very much what language is used? | :25:22. | :25:25. | |
When you talk to people in NATO, there is absolutely no doubt that, | :25:26. | :25:29. | |
pardon my language, one said to me tonight, it is a "bloody invasion", | :25:30. | :25:34. | |
there is no word for it. But politicians are choosing their words | :25:35. | :25:38. | |
so carefully. Even the President in Ukraine seemed reluctant to use that | :25:39. | :25:42. | |
word. The Ukrainians might say if it is one and it is a war, why aren't | :25:43. | :25:46. | |
we hitting Russia, because he knows what might come back in the other | :25:47. | :25:48. | |
direction. And the American President too? Fascinatingly | :25:49. | :25:51. | |
tonight, we heard President Obama would make a statement on Iraq, | :25:52. | :25:55. | |
inevitably he would be asked about this, he would not use the word | :25:56. | :25:59. | |
invasion. Russia is responsible for the violence in eastern Ukraine. The | :26:00. | :26:04. | |
violence is encouraged by Russia, the separatist are trained by | :26:05. | :26:09. | |
Russia. They are armed by Russia. They are funded by Russia. Russia | :26:10. | :26:15. | |
has deliberately and repeatedly violated the sovereignty and | :26:16. | :26:18. | |
territorial integrity of Ukraine. There are others using much more | :26:19. | :26:23. | |
explicit language like the President of Lithuania today who called the | :26:24. | :26:25. | |
Security Council session. They will have to put those delivering views | :26:26. | :26:30. | |
together to thrash them out at the NATO summit next week and to find a | :26:31. | :26:34. | |
response to this. I'm joined now by the Ukrainian | :26:35. | :26:41. | |
ambassador to the UK. Good evening. What is this, is this an invasion of | :26:42. | :26:46. | |
Ukraine, is it an incursion, what is it? It is definitely the Russian | :26:47. | :26:52. | |
troops at the Ukrainian territory fighting against the regular | :26:53. | :26:59. | |
Ukrainian army. It has its term. But it is not calling it an invasion? | :27:00. | :27:04. | |
This is kind of an invasion. This is undeclared, shameful war, started by | :27:05. | :27:16. | |
the Russian federation. Which is the a hybrid war. Once you start to use | :27:17. | :27:22. | |
the word "invasion" it is loaded and demands a particular response, and | :27:23. | :27:25. | |
maybe you might ask for a particular response from NATO? We are | :27:26. | :27:30. | |
responding by our own, and we are seeking | :27:31. | :27:31. | |
responding by our own, and we are for such a response. We are | :27:32. | :27:42. | |
trying to have a specific Bartter inship with NATO and certain | :27:43. | :27:47. | |
assistance to receive which we need now. We will come on that | :27:48. | :27:52. | |
assistance, was it right for your President to say it had to be a | :27:53. | :27:56. | |
military solution. You know no matter how hard Ukrainians fight, | :27:57. | :28:02. | |
Russia is a superior fire power and Russia would Winter trees within | :28:03. | :28:06. | |
Ukraine? We are not closing the door for diplomatic solution. It was the | :28:07. | :28:12. | |
attempt to find one in Minsk and the Russians refused to do that. . Once | :28:13. | :28:24. | |
you now have Russian prisoners and there are casualties and civilian | :28:25. | :28:27. | |
casualties and a number of apparent deaths among the military, then | :28:28. | :28:32. | |
there is an escalation. What do you actually want NATO to do? First of | :28:33. | :28:39. | |
all, we would like the community to do, this is not just about Ukraine | :28:40. | :28:42. | |
but security in the world. We need to stop the agressor by any possible | :28:43. | :28:49. | |
means. It means the sanctions should be much harder, the co-operation | :28:50. | :28:55. | |
with the agressor should be cut, especially at the military and | :28:56. | :29:00. | |
technical field, especially in the most sensitive field of energy for | :29:01. | :29:05. | |
Russia, for energy supply and the banking sectors. New technologies | :29:06. | :29:10. | |
also. You know this is very difficult for particular countries | :29:11. | :29:14. | |
in Europe who are, by necessity, doing a lot of business with Russia, | :29:15. | :29:17. | |
though sanctions will only go so far? The Ukraine has the economy | :29:18. | :29:25. | |
which was very interconnected with the Russian ones, and we cut all the | :29:26. | :29:28. | |
ties and all the co-operation in this field. And I think that to lose | :29:29. | :29:37. | |
certain profits for the western companies in western countries will | :29:38. | :29:40. | |
be much better for the soldiers later on if the conflict will not | :29:41. | :29:44. | |
stop at this stage. In the end if it is a diplomatic solution are you | :29:45. | :29:50. | |
prepared to have a situation like Crimea but negotiate areas you might | :29:51. | :29:54. | |
have to lose in the country? We have a certain red line which we could | :29:55. | :29:59. | |
never cross and the loss of territory and the territorial | :30:00. | :30:04. | |
disintegration of Ukraine is definitely the red line we cannot | :30:05. | :30:10. | |
cross anyhow. Thank you. You may have heard about how the European | :30:11. | :30:14. | |
Central Bank is holding back in quantitative easing but has launched | :30:15. | :30:17. | |
a programme of targeted long-term refinancing operations which has | :30:18. | :30:20. | |
helped to flatten European yield curves. Still with me? I'm not. Ever | :30:21. | :30:26. | |
since the financial crisis we have been bombarded with impenetrable | :30:27. | :30:31. | |
language to explain why things went so catastrophically wrong and what | :30:32. | :30:35. | |
we need to do to fix it. Why can't the money people, economists and | :30:36. | :30:39. | |
politicians speak plain English, even films entitled Margin Call and | :30:40. | :30:43. | |
Arbitrage, in his new book How To Speak Money, Lanchester tries to | :30:44. | :30:47. | |
decode the language. We will be talking to him and Baroness Patience | :30:48. | :30:50. | |
Wheatcroft, first here is the Knowledge. One of humanity's most | :30:51. | :31:08. | |
remarkable inventions is money. It is fundamental to modern society. So | :31:09. | :31:13. | |
why is it that the language used to talk about money is so be a secure, | :31:14. | :31:18. | |
so alien, that it seems to belong in a very different world to the one | :31:19. | :31:24. | |
you actually inhabit. A world in which banks have "haircuts" and some | :31:25. | :31:32. | |
are "zombies" where you better avoid a "bear" market and "dead cats | :31:33. | :31:41. | |
bouncing". Where QE's effect isn't a crazy way to trample. And trading is | :31:42. | :31:45. | |
done at high frequency and you better hope you don't get a margin | :31:46. | :31:50. | |
call. And a big McIndex measures a country, and fat fingers make | :31:51. | :31:53. | |
mistakes. You have to wonder whether this world has been constructed by | :31:54. | :32:03. | |
the money world. To deliberately exclude us. We have all heard of | :32:04. | :32:11. | |
hedged funds, but what do the Bond-style people have to do with | :32:12. | :32:15. | |
hedge funds. The word "hedge" began its life as a term for setting | :32:16. | :32:21. | |
limits to a bet, just as a hedge sets an area of land and demarcates | :32:22. | :32:26. | |
it. You make a bet and on the same side you make a bet on the other | :32:27. | :32:30. | |
side of the outcome, there by guarnteeing a profit whatever | :32:31. | :32:34. | |
happens. You hope. The idea is you cannot lose. Any financial structure | :32:35. | :32:41. | |
in which you can make a profit and a guaranteed profit not to lose money | :32:42. | :32:47. | |
is going to have many ardent fans. But once adopted in the world of | :32:48. | :32:51. | |
finance, this technique has become more sophisticated with hedge funds | :32:52. | :32:55. | |
employing complex mathematical analysis to bet on prices going both | :32:56. | :33:00. | |
up and down. There will always be a secret source of some kind, owned by | :33:01. | :33:04. | |
the hedge fund, usually a complicated set of mathematical | :33:05. | :33:10. | |
techniques. One such fund was set up by a man nicknamed "choc finger", | :33:11. | :33:16. | |
his hedge fund specialised in chocolate, in the peak of his | :33:17. | :33:20. | |
activities, his firm owned a remarkable 15% of the world's supply | :33:21. | :33:26. | |
of cocoa. At one point the fund took physical delivery of 241,000 | :33:27. | :33:34. | |
metricen tonnes of beans, enough to give everybody in the world three | :33:35. | :33:38. | |
bars of chocolate each. In 2012 the fund was thought to be valued | :33:39. | :33:48. | |
between $200-$300 million. The price of cocoa spiked upwards in 2013 | :33:49. | :33:52. | |
because of the weather, good news for the hedge fund. Well at the end | :33:53. | :34:00. | |
of 2013 the fund was sold for, guess what? Dollar 1. 90% of all hedge | :34:01. | :34:11. | |
funds that have existed have closed or gone broke. A hedge is a physical | :34:12. | :34:15. | |
ING this, it turned into a metaphor, then a technique, then the technique | :34:16. | :34:19. | |
was adopted in the world of high finance and became more and more | :34:20. | :34:24. | |
sophisticated and complicated, and finally turned into something that | :34:25. | :34:28. | |
can't be understood by the ordinary reference of ordinary language. So | :34:29. | :34:32. | |
why does it matter if this language is so baffling to us and we don't | :34:33. | :34:38. | |
really understand it? Because incomprehension is a form of | :34:39. | :34:42. | |
consent. It is true that over the last two decades economic growth has | :34:43. | :34:48. | |
meant that the proportion of the planet's population living in | :34:49. | :34:52. | |
absolute poverty has halved. That is an extraordinary achievement and | :34:53. | :34:56. | |
unprecedented. It is also unprecedented that levels of | :34:57. | :35:00. | |
inequality are rising everywhere, This country and globally. The gap | :35:01. | :35:08. | |
between countries is narrowing but the gap inside the countries are | :35:09. | :35:14. | |
growing eyeder. The EOCD in its predictions over the next five | :35:15. | :35:17. | |
decades for the economy, it says countries in the developed world | :35:18. | :35:22. | |
will rise by a further 30%, there is a widening chasam in our societies | :35:23. | :35:25. | |
between the top and the bottom. We will be living in countries strictly | :35:26. | :35:29. | |
divided between the rich and poor, winners and losers with nobody | :35:30. | :35:33. | |
inbetween. If we want to stop that from happening we all need to join | :35:34. | :35:36. | |
the economic conversation, the one that the rich and the powerful have | :35:37. | :35:41. | |
among themselves and in private. We need to learn the language of money | :35:42. | :35:45. | |
and fast. With me now is the author of that | :35:46. | :35:50. | |
film, John Lanchester and Baroness Patience Wheatcroft former Editor in | :35:51. | :35:56. | |
Chief he at the Wall Street Europe, and now a life peer and board member | :35:57. | :36:00. | |
of Fiat. To answer your question you pose, is it deliberate, is the | :36:01. | :36:06. | |
obfuscation deliberate? I don't think it matters, if you are talking | :36:07. | :36:15. | |
about RMBS made into synthetic EBOs and then folded into something else. | :36:16. | :36:18. | |
It doesn't matter if they are trying to bamboozle you or not, it matters | :36:19. | :36:23. | |
that it is hard to follow in real time. Is bamboozling language? | :36:24. | :36:28. | |
Sometimes. Having an understanding of the fact that hedge funds aren't | :36:29. | :36:33. | |
always hedged or what CDOs are won't do anything to stop the inequalities | :36:34. | :36:38. | |
in the world. It is far more basic, the need for financial literacy is | :36:39. | :36:42. | |
far more about households looking after their own budget, not | :36:43. | :36:47. | |
necessarily understanding the more complicated goings on. Something | :36:48. | :36:50. | |
that is not complicated but something not as clear as John said | :36:51. | :36:53. | |
is not clear. What is an investment bank? I think the term investment | :36:54. | :37:00. | |
bank is a wonderful misnomer, it is a complete contradiction in terms. | :37:01. | :37:04. | |
Again I don't think that really changes inequalities in the world. | :37:05. | :37:07. | |
As I understand if you go to some advisory and say I think you should | :37:08. | :37:10. | |
use this investment bank, I mean what should he say, use this | :37:11. | :37:14. | |
gambling institution? But the point is that an individual wouldn't be in | :37:15. | :37:18. | |
that position. And often terms that are used in common language do | :37:19. | :37:23. | |
emerge in totally different forms. You know if you think about the word | :37:24. | :37:28. | |
"gay" is no longer means what it used to mean. The term "investment | :37:29. | :37:33. | |
bank" started off referring to a merchant bank and a merchant bank | :37:34. | :37:36. | |
with a sensible institution that raised funds to help businesses | :37:37. | :37:40. | |
grow. Surely the man and woman in the street should know. For example | :37:41. | :37:48. | |
"naked shorting" what is that? Straight forwardly betting against, | :37:49. | :37:51. | |
wanting something to go down and not hedging on it going up. An example | :37:52. | :37:55. | |
of a term, I slightly disagree, I think the language does matter at a | :37:56. | :37:59. | |
personal level. Quantitative easing, that sounds like a brand of | :38:00. | :38:04. | |
laxative, I mean the term is totally opaque, it doesn't tell you what it | :38:05. | :38:09. | |
is about. And QE? The equivalent of a third of British GDP is printed, | :38:10. | :38:13. | |
effectively the Government has printed money without admitting it | :38:14. | :38:16. | |
has printed money. That your children and grandchildren will be | :38:17. | :38:19. | |
paying that debt off. If you have been caught up in the sub-prime | :38:20. | :38:22. | |
mortgage, you should know what happened and what it is? If people | :38:23. | :38:26. | |
want to understand that it doesn't take great deal of effort to do so. | :38:27. | :38:30. | |
I actually don't think people are interested. That's major failing. | :38:31. | :38:34. | |
They should be interested. Isn't that a contradiction, we have a | :38:35. | :38:36. | |
responsibility to know what is going on but people aren't interested, how | :38:37. | :38:39. | |
do you get them interested? I think you have to teach people when they | :38:40. | :38:43. | |
are at school that they need to be interested. I think you need to | :38:44. | :38:46. | |
actually keep doing things the way you do on Newsnight which is to make | :38:47. | :38:50. | |
it very clear what you are talking about. I don't think the BBC uses | :38:51. | :38:55. | |
boom boozeling language, it talks about the economy in very clears | :38:56. | :38:58. | |
terms, but actually the majority of people don't want to know. Do you | :38:59. | :39:02. | |
think the BBC is always clear in its language the way it discusses the | :39:03. | :39:06. | |
economic language? Not just saying it because I'm here, I think they | :39:07. | :39:09. | |
have done a brilliant job on this. The frame is often about the news | :39:10. | :39:13. | |
and the stories sometimes take longer to follow, you don't always | :39:14. | :39:17. | |
have enough time to explain the complicated things. You don't think | :39:18. | :39:20. | |
there is an element of mystery that is attractive to people in the City, | :39:21. | :39:24. | |
it goes back to the Masters of the Universe, they know anything we | :39:25. | :39:29. | |
don't? You see it in the axe know him ins. -- Axe him ins. Give us an | :39:30. | :39:43. | |
example? PIG S, for Portugal, Italy and Spain, that is derrogatory or | :39:44. | :39:49. | |
other ones. Everything has its own acronym, it is a mystery to | :39:50. | :39:53. | |
outsiders, I went on one board and spent a long time going through the | :39:54. | :39:57. | |
glossary of terms so I could understand what the various acronyms | :39:58. | :40:02. | |
meant. There was one that puzzled me that wasn't in the glossary, it was | :40:03. | :40:07. | |
STP, I worked hard to try to figure out what STP could be, it was | :40:08. | :40:14. | |
"short-term plan". The more worrisome thing is, do you think if | :40:15. | :40:18. | |
people actually understood a lot of this terminology and they wouldn't | :40:19. | :40:22. | |
be prepared to take any risking at all? It is a moot point. One of the | :40:23. | :40:25. | |
brilliant things that happened in the financial services industry, | :40:26. | :40:29. | |
there used to be this thing called debt that we were brought up to be | :40:30. | :40:34. | |
scared of. The upper-classes didn't mind it but the lower and | :40:35. | :40:38. | |
middle-classes were, they changed it to credit, and now we think it is | :40:39. | :40:44. | |
great thing, and we have 572% of our GDP which is debt, because it is not | :40:45. | :40:47. | |
debt it is credit. Thank you for being so clear. Thank you. Last | :40:48. | :40:51. | |
night more than 8. 5 million people watched, many of them probably from | :40:52. | :40:57. | |
behind their pinni serbses the Great British Bake Off in meltdown. It was | :40:58. | :41:00. | |
a show-stopper, but not what anyone had expected. The challenge, baked | :41:01. | :41:05. | |
Alaska, but David Watters was horrified to find out his ice-cream | :41:06. | :41:10. | |
had been taken out of the freezer by another contestant, Diana Beard. 15 | :41:11. | :41:16. | |
minutes. Where is my ice-cream? It is here, sorry Ian. Ahhhhh. Well you | :41:17. | :41:22. | |
have your own freezer. Someone has taken it out of the freezer and it | :41:23. | :41:27. | |
is all melted. Why would you take the ice-cream out of the freezer. | :41:28. | :41:34. | |
What's wrong? How is it looking? Look. It is soup. The only reason | :41:35. | :41:40. | |
why it has stayed there is because I put the tin round to hold the | :41:41. | :41:52. | |
caramel in. Let's think about how we will present that. That's not | :41:53. | :41:59. | |
working. I have a serving suggestion. , no, no, no. You can't. | :42:00. | :42:08. | |
Ian you have to present it. Look at it, how can you present it. He threw | :42:09. | :42:26. | |
it in the bin. He didn't? Gutting, well now the BBC has said that | :42:27. | :42:30. | |
Diane's subsequent departure from the show was nothing to do with the | :42:31. | :42:34. | |
incident but due to illness, there was no way back for Ian. We have | :42:35. | :42:39. | |
scooped him up, 8. 5 million people watched it. Have you any idea what | :42:40. | :42:43. | |
the reaction would be? I knew it would be big, because it is a big | :42:44. | :42:46. | |
thing that happened in the show. But it has gone nuts today, the reaction | :42:47. | :42:50. | |
from the media is crazy. What has happened today? There has been a lot | :42:51. | :42:54. | |
of comments on Twitter, I think it built up last night after the show. | :42:55. | :42:57. | |
When you did that, that was in the heat of the kitchen. Do you regret | :42:58. | :43:01. | |
that, were you angry? I was more frustrated and it was just the heat | :43:02. | :43:04. | |
of the moment, and you are in the zone the last half hour of the show, | :43:05. | :43:08. | |
and I think it is very tense. You had gone through all the thing, you | :43:09. | :43:12. | |
naked your sponge and then you had your ice-cream in the freezer and | :43:13. | :43:17. | |
Diane took your ice-cream out of the freezer, was it her freezer? A group | :43:18. | :43:23. | |
of freezers we were all using. You had no idea it was dumped out of the | :43:24. | :43:27. | |
freezer, Diane has subsequently left the show and that was nothing to do | :43:28. | :43:30. | |
with that, she wasn't well. But the tension in these things is | :43:31. | :43:35. | |
phenomenal? You have been in the tent yourself, the pressure in the | :43:36. | :43:38. | |
tent is huge, it is very different from baking at home. I don't hold a | :43:39. | :43:42. | |
grudge against Diane it was done in the heat of the moment. But your | :43:43. | :43:46. | |
ice-cream was destroyed, but you couldn't put it back, they were | :43:47. | :43:49. | |
saying you should have made a fist of it and stayed and popped the egg | :43:50. | :43:53. | |
white on top and blow torched it? Tried to do something with with it. | :43:54. | :43:58. | |
Did you flounce off? You say the state of it, it went. To try to get | :43:59. | :44:02. | |
meringue on to that I didn't think it was doable. Are you a novice | :44:03. | :44:13. | |
baker or a good one? I'm a keen baker, I don't know about a good | :44:14. | :44:16. | |
one. You have brought something, what is this? This is the cake I | :44:17. | :44:20. | |
baked for the first audition for the show. It must be good, can I have | :44:21. | :44:26. | |
some? It is a courgette lemon and poppy seed cake. This was good | :44:27. | :44:35. | |
enough to get Mary Berry excited, and if you had actually held your | :44:36. | :44:38. | |
nerve you might have gone all the way with this? But you didn't | :44:39. | :44:43. | |
unfortunately. What do you think about this the "bring Ian back"? | :44:44. | :44:54. | |
Campaign. It has been crazy, it has built, it is nice to have the | :44:55. | :44:57. | |
support. It is built up overnight. Do you think you might get brought | :44:58. | :45:02. | |
back. You have to watch next week. Courgette, this is a lemon drizzle | :45:03. | :45:05. | |
cake but you have put something special in it? It is greated | :45:06. | :45:11. | |
courgettes, it is like a carrot cake it is moist, and poppy seeds for | :45:12. | :45:15. | |
texture and ground almonds to keep it moist. It is a signature dish? It | :45:16. | :45:20. | |
is. What do you think you are going to be doing, the day job going, you | :45:21. | :45:23. | |
are a site manager on a building site, are they all behind you? They | :45:24. | :45:28. | |
are all behind me, I have a lot of support. I get a lot of ribbing at | :45:29. | :45:34. | |
work as well. They ares This is something for you -- this is | :45:35. | :45:40. | |
something to put up, the Sun headline, it says this. You have | :45:41. | :45:44. | |
spoken to her since? I spoke to her this morning. She's fine. Thank you | :45:45. | :45:49. | |
very much indeed for coming on and congratulations for creating such a | :45:50. | :45:54. | |
stir. The recipe for the courgette and lemon drizzle cake will be on | :45:55. | :45:58. | |
the Newsnight website in time for the weekend and all the baking you | :45:59. | :46:01. | |
will do. That's it for tonight, we leave you with pictures from the | :46:02. | :46:06. | |
south coast today after scores of people descended on Folkestone beach | :46:07. | :46:11. | |
to dig for gold after a German artist announced he buried 30 bars | :46:12. | :46:17. | |
of gold worth ?10,000. It is part of an art festival that promotes public | :46:18. | :46:22. | |
arts installations across the town. Good night. | :46:23. | :47:06. | |
A mild but fairly breezy night tonight will be followed by a rather | :47:07. | :47:11. | |
blustery day tomorrow, the winds particularly strong across Northern | :47:12. | :47:14. | |
Ireland, Scotland and northern parts of England. Further south and east | :47:15. | :47:18. | |
you go the better the chance of staying dry, but here too you will | :47:19. | :47:21. | |
notice the breeze blowing through. But with these areas of rain coming | :47:22. | :47:24. | |
along with the brisk | :47:25. | :47:25. |