:00:07. > :00:09.Mighty beasts bestriding the earth...
:00:10. > :00:13.Hungry, sometimes brutal, without regard for nation or border...
:00:14. > :00:18.But is the era of the unrestrained multinational company
:00:19. > :00:25.Apple is told to pay billions of euros in back tax.
:00:26. > :00:28.A huge bill for one company, but potentially a sign
:00:29. > :00:32.of a backlash against the rules of the world economy.
:00:33. > :00:34.Apple is just one example of companies that flourish because
:00:35. > :00:40.But politicians appear to be tiring of the tax avoidance and trade
:00:41. > :00:44.We'll ask this Nobel Prize winning economist
:00:45. > :00:49.if the old rules should change, and what they should change to?
:00:50. > :00:51.One of IS's most senior commanders is reportedly killed.
:00:52. > :00:54.A man who had been instrumental in plotting attacks in Europe.
:00:55. > :00:59.We'll ask how serious that is for so-called Islamic State.
:01:00. > :01:05.What should the new Prime Minister prioritise as she gets stuck
:01:06. > :01:19.Our panel of political pros will offer their advice.
:01:20. > :01:23.Believe it when you see it actually happen -
:01:24. > :01:26.but yes, Ireland really has been told to collect
:01:27. > :01:30.Money like that makes it worth hiring some lawyers,
:01:31. > :01:35.But the mere fact the EU Commission saw fit to make
:01:36. > :01:38.the determination it did today, is a pretty extraordinary statement.
:01:39. > :01:41.Altogether, it's been a bad few days for those who want more
:01:42. > :01:44.globalisation and more of that benign political environment
:01:45. > :01:54.It's not clear who's to blame for the Apple tax problem -
:01:55. > :01:57.Apple, which paid little tax on the profits from its European
:01:58. > :02:00.sales, or Ireland, which allowed Apple to avoid that tax.
:02:01. > :02:03.It agreed the company could book most of those sales to a barely
:02:04. > :02:05.existent head office that was registered nowhere,
:02:06. > :02:12.But the EU Commission was clear - it's not fair on the rest of us.
:02:13. > :02:18.This decision sends a clear message: Member states cannot give unfair tax
:02:19. > :02:29.No matter if they are European or foreign, large or small,
:02:30. > :02:40.It does send a message, a message that is scary for the big
:02:41. > :02:43.for the big corporates - be wary about taking big gifts,
:02:44. > :02:45.because if you're given too much, it will be taken away.
:02:46. > :02:48.There is a sense that too much has been given away to big
:02:49. > :02:55.The EU Commission says it's simply enforcing a state aid rule that's
:02:56. > :03:02.been around since 1958, but it does look like politics.
:03:03. > :03:04.Politics responding to recent public disquiet, and there's another timely
:03:05. > :03:09.Three years in discussion, a European trade and investment
:03:10. > :03:12.deal with the US called TTIP is in trouble.
:03:13. > :03:14.If not ominously close to the rubbish tip, it
:03:15. > :03:20.appears trapped in the land of never-ending negotiation.
:03:21. > :03:23.TRANSLATION: There will not be an agreement by the end of the year.
:03:24. > :03:31.We should accept it, rather than prolonging
:03:32. > :03:36.discussions that on this basis cannot be concluded.
:03:37. > :03:38.In my opinion the talks with the United States
:03:39. > :03:40.have de facto failed, even though nobody
:03:41. > :03:47.That is because they held 14 negotiation rounds,
:03:48. > :03:50.based on 27 chapters - not one agreement was made
:03:51. > :03:59.If the French and Germans don't want it, it isn't going to happen
:04:00. > :04:01.and their reluctance is down to that sense.
:04:02. > :04:08.Now, back in the 1980s, there was a widespread perception
:04:09. > :04:11.in Britain that the trade unions were too powerful and too selfish.
:04:12. > :04:13.The unions want a guaranteed weekly wage.
:04:14. > :04:19.Over the course of a decade, that power was cut back.
:04:20. > :04:22.So are we on the cusp of a long era in which corporate
:04:23. > :04:29.A quick note on the weirdness of what looks like an anti-global,
:04:30. > :04:33.anti-multinational tilt in sentiment.
:04:34. > :04:37.It is itself a global, multinational phenomenon -
:04:38. > :04:41.one that covers the United States and most of Europe.
:04:42. > :04:44.And there's another thing: The Apple decision by the EU kind
:04:45. > :04:46.of demonstrates that if you want to take
:04:47. > :04:48.on a multination, the typical nation state is too small
:04:49. > :04:56.It was by taking control away from Ireland, that the EU
:04:57. > :04:59.So we're in a kind of muddle over who's fighting
:05:00. > :05:04.One other issue - consumers are not going to want
:05:05. > :05:06.to give up the benefits of the multinational era.
:05:07. > :05:09.Smart products, at affordable prices.
:05:10. > :05:18.We may push back but were not about to let go of the whole thing.
:05:19. > :05:21.Joining me now is the nobel prize winning economist Joseph Stiglitz,
:05:22. > :05:24.who you might say foresaw the backlash against globalisation
:05:25. > :05:28.way back, even before the financial crisis when his book,
:05:29. > :05:32.Globalisation And Its Discontents, was published back in 2002.
:05:33. > :05:39.He has another one now on the Euro called the euro and its threat to
:05:40. > :05:45.the future of Europe forced up thank you for coming in. Do you think we
:05:46. > :05:49.are on a kind of come a long cycle against the multinationals? They
:05:50. > :05:53.have had a good couple of decades, maybe it is time? I wouldn't say
:05:54. > :06:00.against them, it's trying to rebalance. The fact is they have
:06:01. > :06:05.been bad actors. They talk about social responsibility. Their first
:06:06. > :06:10.social responsibility is paying the taxes that you make on the profits
:06:11. > :06:13.that are garnered from the activities you carry out in a
:06:14. > :06:19.country. What Apple has done, and it's only one of many examples, it
:06:20. > :06:26.has avoided the taxes. They might say, oh we just obey the law, but
:06:27. > :06:30.they did sweetheart deals and they used their influence to shape the
:06:31. > :06:34.law, so they do have to pay taxes. While the rest of us have to pay
:06:35. > :06:39.taxes. We know when you have a backlash against someone pendulum
:06:40. > :06:45.swings one way and then the other. Do you see any danger that we will
:06:46. > :06:55.throw babies out with bath water here? If -- not in this particular
:06:56. > :07:01.case. It's like, did we swing too far in banking regulation? I don't
:07:02. > :07:09.think so. The general sense in the United States, at least, is we had
:07:10. > :07:16.compromise after the crisis in 2008. It was 350 million Americans who
:07:17. > :07:21.wanted more regulation. Banks said no and we got a compromise halfway
:07:22. > :07:28.between the power of ten versus 350 million. It was roughly balanced. It
:07:29. > :07:34.is very easy, isn't it, to look at the losers from globalisation and
:07:35. > :07:37.thence dismiss the whole thing? And actually not talk, and you're a
:07:38. > :07:43.progressive, liberal guy, talk about the hundreds of millions of huge
:07:44. > :07:48.gain that are not appearing on our talk shows and news programmes,
:07:49. > :07:53.China, and middle income country now, with running water which they
:07:54. > :07:59.didn't have 30 years ago, DVD players, and see their lives
:08:00. > :08:02.transformed through this thing we call globalisation. Apple building
:08:03. > :08:09.these products and selling them to us? They're big benefits. But you
:08:10. > :08:16.noticed they said escaping in one country, one company, 13 billion
:08:17. > :08:22.euros. If you take 13 billion dollars and spent on retraining
:08:23. > :08:26.workers in the north of England or in the United States, you would have
:08:27. > :08:33.had less discontented people. You would have had a more productive
:08:34. > :08:42.economy. Your clip talked about TTIP and we're having a big debate about
:08:43. > :08:46.TPT. The other one. They have done analysis on what is the impact on
:08:47. > :08:51.economic growth. The most optimistic, this comes out of the
:08:52. > :08:58.government itself, is after about 15 or 20 years, 0.1.5% GDP. Other more
:08:59. > :09:03.reliable estimates are negative. This is not about growth, this is
:09:04. > :09:08.about shaping the economy and it's a power grab from the Power
:09:09. > :09:12.corporations, to make sure they're not regulated, that they are not
:09:13. > :09:19.taxed, that they can destroy the environment... Your clip put it very
:09:20. > :09:23.well. Clearly excess power, there has to be a check at some point. You
:09:24. > :09:31.would be against the Pacific partnership, TPT, TTIP, you would
:09:32. > :09:35.stop them all for now? I am not against trade but it's trying to get
:09:36. > :09:41.the right balance. It is very interesting, big Democratic platform
:09:42. > :09:49.that all the presidential candidates in the United States have come out
:09:50. > :09:54.against TPT. It has set principles that are inconsistent with the
:09:55. > :09:59.administration's position on TTIP. So that's why these negotiations...
:10:00. > :10:02.We have to talk about politics, you are American and visiting here. This
:10:03. > :10:08.is a very interesting time. Is there a connection between Donald Trump
:10:09. > :10:12.and what we're talking about today? Very much so. It's a more
:10:13. > :10:17.complicated issue, obviously but it is the connection you saw in the
:10:18. > :10:21.Brexit vote. Discontented people, people who were told there is a new
:10:22. > :10:25.world out there, globalisation is going to bring new benefit. It
:10:26. > :10:30.didn't do that. They the people left behind. The basic idea is, if
:10:31. > :10:35.globalisation had brought the benefits we were promised and if
:10:36. > :10:39.some of that extra growth had been shared, there wouldn't be this kind
:10:40. > :10:44.of discontent. That was one of the main point. You're not a Donald
:10:45. > :10:48.Trump supporter I'm guessing? No. What has gone wrong that we have had
:10:49. > :10:53.a problem in the world economy, a balance that has gone too far one
:10:54. > :10:57.way, the political support hasn't been for your kind of candidates but
:10:58. > :11:02.for those who are completely the opposite of weight you are? It is
:11:03. > :11:06.interesting. In the primary is in the United States it was enormous
:11:07. > :11:13.support for somebody like Bernie Sanders. It was a statement that the
:11:14. > :11:19.traditional centrist party candidates have not delivered on
:11:20. > :11:23.what they promised. It is a message, and I think it's a message Hillary
:11:24. > :11:28.Clinton has got, that you need a different agenda, and that means we
:11:29. > :11:34.have to do a better job of protecting the people who have not
:11:35. > :11:38.been the winners. When you look back at Gordon Brown and Tony Blair, Tony
:11:39. > :11:43.Blair's name on the left is marred. When you look back at him is up
:11:44. > :11:48.Prime Minister, do you think it was a disaster or do you think he was a
:11:49. > :11:54.Prime Minister who did his best kind obtained this beast? I think you
:11:55. > :12:01.need to look at it in historical context. I think it was a mistake in
:12:02. > :12:04.the United States the deregulation of the financial sector... But you
:12:05. > :12:08.have to look at it in historical context. That was the spirit of the
:12:09. > :12:14.time. These are not economists. I was very strongly opposed to the
:12:15. > :12:19.financial deregulation but I was coming at it from economics. These
:12:20. > :12:25.are people who were politicians, they were listening to the voices in
:12:26. > :12:30.the air and the campaign contributors. Does it bother you
:12:31. > :12:36.that the left... Post financial crash, the left's story has been,
:12:37. > :12:40.the centre-left, not the further left, the centre-left has had
:12:41. > :12:46.trouble getting its ducks in a row, hasn't had much of the story? In
:12:47. > :12:49.each country it is a different story. In the United States
:12:50. > :12:53.President Obama was not brave enough, if you want to think of it
:12:54. > :12:57.like that. He was afraid, I think, to take on the financial markets. We
:12:58. > :13:04.had just been through from and he said, let's try to walk on
:13:05. > :13:08.carefully. I think it was a very big mistake. He brought on as his
:13:09. > :13:13.economic advisers the same people who had brought on the deregulation
:13:14. > :13:19.that cause the problem and it was not a surprise that it didn't work,
:13:20. > :13:24.and it's not surprised there is such an dead now. I think those mistakes,
:13:25. > :13:28.in not dealing adequately with the global financial crisis, are part of
:13:29. > :13:33.the anger we are seeing today. Talk a little about Europe. Sceptical of
:13:34. > :13:37.the euro, you think is a disaster, that is one of the messages of your
:13:38. > :13:42.new book. You do say you think Britain might, might get better
:13:43. > :13:47.outside the European Union. You are in a big minority in the economic
:13:48. > :13:52.profession in that. Give us the scenario. The idea here is you are
:13:53. > :14:01.still part of the global community. There is the WTO. It goes back to
:14:02. > :14:08.what I said about TTP and TTIP. Already lots of trade going on. The
:14:09. > :14:16.last bit doesn't get you what you thought and you're paying the price
:14:17. > :14:22.for that. And so... The issue here is what are going to be the terms of
:14:23. > :14:30.the negotiation, the settlement? And if you get a reasonable deal,
:14:31. > :14:33.consistent with what is in your interests, remember Europe also says
:14:34. > :14:37.global integration is a good thing, if you get one consistent with their
:14:38. > :14:43.interests, I think there is no reason why this should be traumatic.
:14:44. > :14:49.The market view right now is there is an act from. Markets have not
:14:50. > :14:50.collapsed as if it was doomsday. More on the Brexit deal later in the
:14:51. > :14:56.programme. Thank you very much. Now, before we move on, let's just
:14:57. > :14:59.get a little more on Apple, the Irish and that 13 billion euro
:15:00. > :15:01.late tax bill. Our business editor
:15:02. > :15:15.Helen Thomas is with me. Where next for Apple? First the
:15:16. > :15:20.lawyers swing into action, both Apple and Ireland have said they
:15:21. > :15:25.planned to challenge the decision in the European courts. Realistically
:15:26. > :15:30.we could be three or five years away from getting an eventual settled
:15:31. > :15:36.outcome. They have got to put the cash aside in the meantime. But the
:15:37. > :15:41.fallout could be interesting, I have spoken to tax advisers and expect to
:15:42. > :15:45.be busy from multinationals with questions wanting to review their
:15:46. > :15:54.tax arrangements. The government has said, this was not of course
:15:55. > :15:56.necessary a question of but these tax rulings allowing Apple to
:15:57. > :16:01.allocate profit in a certain way. The commission has said they will
:16:02. > :16:07.look at Amazon and McDonald's and Luxembourg, their tax arrangements,
:16:08. > :16:11.and it is a similar issue. But those dates back to an original
:16:12. > :16:15.investigation from 2013. Since then the commission has expanded its
:16:16. > :16:20.work, reviewing over 1000 tax rulings. The expectation is that we
:16:21. > :16:24.could see more cases along these lines. The United States professes
:16:25. > :16:33.not to be happy with this particular decision today. No one seems
:16:34. > :16:38.terribly happy. The US Treasury has raised various concerns relating to
:16:39. > :16:43.the EU trampling over national sovereignty, potentially undermining
:16:44. > :16:52.efforts to harmonise tax rules globally. But even in the US there
:16:53. > :16:55.are people that concede that the EU is acting where governments either
:16:56. > :17:00.cannot or will not because they worry about jobs and investment or
:17:01. > :17:05.in the US there has been gridlock on efforts to reform its tax system for
:17:06. > :17:08.years. And the US tax system creates some of these incentives for
:17:09. > :17:12.companies to organise themselves in these weird and wonderful ways.
:17:13. > :17:16.You may well not have heard of him, but he has been one of the most
:17:17. > :17:18.important figures in the so-called Islamic State.
:17:19. > :17:20.And we've been hearing tonight that he has reportedly
:17:21. > :17:30.You might call him the Goebbels of the group -
:17:31. > :17:32.he was sometimes called the spokesman for IS.
:17:33. > :17:36.Propaganda was his field, he was one who was reportedly
:17:37. > :17:37.involved in selecting videos to push.
:17:38. > :17:40.He was also a commander who played a big role in the
:17:41. > :17:42.overseas operations - in Europe in particular.
:17:43. > :17:44.Well, I'm joined by our correspondent, Gabriel Gatehouse
:17:45. > :17:46.and also Shiraz Maher, deputy director of the International
:17:47. > :17:48.Centre for the Study of Radicalisation at King's College
:17:49. > :18:08.Gabriel, tell us a little about who this man is. Abu Mohammad al-Adnani,
:18:09. > :18:13.he is a Syrian, thought to be in his late 30s. 39 by some accounts. He
:18:14. > :18:18.joined Al-Qaeda in Iraq shortly after the US invasion and became a
:18:19. > :18:20.founder member of Isis, he is one of the people who articulated the
:18:21. > :18:27.founding of their so-called caliphate and became their chief
:18:28. > :18:31.spokesman. In September 2014 he made this by now infamous fatwa calling
:18:32. > :18:35.on believers to attack people in the West wherever they might find them.
:18:36. > :18:42.Worth quoting perhaps a little of that, he said if you can kill a
:18:43. > :18:45.disbelieving American or European, especially the spiteful and filthy
:18:46. > :18:52.French, he said, kill them in any manner you can. That call became
:18:53. > :18:57.Paris and Brussels attacks, it has been cited in several British terror
:18:58. > :19:01.plot cases as an inspiration. So in that sense he was the spokesman. As
:19:02. > :19:04.you said he was a propagandist, there are reports that he held
:19:05. > :19:10.monthly meetings where they would go through the grisly videos that I S
:19:11. > :19:15.filmed and then he chose which to disseminate. He was also strategist.
:19:16. > :19:20.And we're hearing fascinating accounts from former Isis members,
:19:21. > :19:26.or European and who have come back, about this department that he
:19:27. > :19:32.headed. In charge of plotting and coordinating attacks in the West.
:19:33. > :19:37.The Bataclan, Brussels. In one sentence, do we know what has
:19:38. > :19:41.happened to him, do we know he is dead? No although it has been
:19:42. > :19:45.announced on the IIS Twitter account. The United States said it
:19:46. > :19:51.carried out an air strike against a senior Isis official north-west of
:19:52. > :19:56.Aleppo, where they say he died. They have not confirmed that it was
:19:57. > :20:03.al-Adnani. They say they're still looking into it. But all kinds of
:20:04. > :20:10.people are active in area. How big a blow is that to Islamic State? I
:20:11. > :20:13.think quite significant. It is going after the number two of the
:20:14. > :20:17.organisation in terms of someone who is very important, he was directing
:20:18. > :20:27.these plots that were hitting Europe. Number two, is that what you
:20:28. > :20:31.think he was? In many respects he even eclipsed by daddy in terms of
:20:32. > :20:34.profile and prominence. But Eddie of course being de facto head of the
:20:35. > :20:42.so-called caliphate. To what extent is Isis and system that carries on
:20:43. > :20:46.operating even when you take out key individuals? Or is it reliant on
:20:47. > :20:52.some charismatic figures who run the show? IIS is dependent on these
:20:53. > :20:58.important leaders who carry charisma and standing, of the most important
:20:59. > :21:04.things about al-Adnani Izzy had pedigree and have been fighting
:21:05. > :21:10.since 2003 with Al-Qaeda in Iraq. He had a long period to become a very
:21:11. > :21:13.skilled fighter and so on. That also gave him credibility amongst
:21:14. > :21:19.comrades. In that sense it is important and we've seen in the past
:21:20. > :21:23.with Al-Qaeda, with the removal of Osama bin Ladin, in a way Al-Qaeda
:21:24. > :21:27.never recovered. I do not expect this to be quite so significant with
:21:28. > :21:32.IES with the loss of al-Adnani but it does have an effect. In Europe
:21:33. > :21:38.one interest will be that this is a man who inspired lots of people to
:21:39. > :21:46.carry out the atrocities in this confidence. To think it will make a
:21:47. > :21:49.difference to that, is that, have Isis been benefiting from people
:21:50. > :21:56.with mental health difficulties in Europe who latched onto them?
:21:57. > :22:01.Someone like al-Adnani clearly did inspire people but in a sense he got
:22:02. > :22:06.the ball rolling, he has inspired people who have never been to Syria
:22:07. > :22:10.and Iraq to carry out attacks in the name of the group. In that sense he
:22:11. > :22:14.has done what he had to do. It will be interesting to see who replaces
:22:15. > :22:19.him and the nature of his successor. But the types of people in essence
:22:20. > :22:23.likely to have been inspired by him will look at these events today and
:22:24. > :22:28.take inspiration from that in and of itself. Thank you.
:22:29. > :22:30.Jeremy Corbyn released his manifesto for digital democracy today..
:22:31. > :22:33.He's proposing a digital bill of rights, and high speed broadband
:22:34. > :22:34.and mobile connectivity for every household.
:22:35. > :22:37.He was mocked for suggesting that there might be some kind
:22:38. > :22:41.of free-to-use on-line hub of learning resources -
:22:42. > :22:44.given that Wikipedia has been doing that rather well for 15 years.
:22:45. > :22:46.But aside from the policies, one critique of Mr Corbyn is not
:22:47. > :22:50.that he is stuck in the analogue age, but that he has been
:22:51. > :22:52.so seduced by digital hype, he thinks you can win elections
:22:53. > :22:59.He talked today of "harnessing the advances of new technology
:23:00. > :23:02.to organise political campaigning like we've never seen before".
:23:03. > :23:16.A 67-year-old MP might seem an unlikely social media star,
:23:17. > :23:20.but Jeremy Corbyn is the centre of a surprisingly fertile
:23:21. > :23:23.online mass movement, and today he set out his vision
:23:24. > :23:30.As part of Labour's plans for a universally accessible
:23:31. > :23:33.national education service, we will create a free to use
:23:34. > :23:36.online hub we are calling an open knowledge library,
:23:37. > :23:40.a digital repository of lessons, lectures and curricula...
:23:41. > :23:44.He's not the most charismatic of speakers but his supporters
:23:45. > :23:46.who gathered online don't really seem to mind.
:23:47. > :23:51.Britain's most important social medium.
:23:52. > :23:54.A poll last year found 55% of women had lately used Facebook,
:23:55. > :24:03.The equivalent figures for Twitter are 16% of all women and 2%
:24:04. > :24:08.Around 800,000 people have shown enough interest in Jeremy Corbyn
:24:09. > :24:14.to get regular Facebook updates from his team.
:24:15. > :24:17.As well as an alternative broadcast tool, it's also been an organising
:24:18. > :24:23.So we've seen lots of people engaging and participating
:24:24. > :24:25.through social media, and it's actually something that's
:24:26. > :24:28.facilitated off-line activity as well, so that's how we've been
:24:29. > :24:31.able to get huge numbers at meetings and rallies.
:24:32. > :24:33.We've mobilised lots of volunteers to join
:24:34. > :24:38.The official campaign is just a small part of the Corbyn
:24:39. > :24:43.Jeremy Corbyn has a massive presence on Facebook with hundreds
:24:44. > :24:51.of thousands of followers, which is run by his campaign,
:24:52. > :24:53.but separately, run just by activists or by individuals,
:24:54. > :24:56.who make images and then share them, all these smaller groups,
:24:57. > :24:59.and essentially an image might take hold on Facebook and within 24 hours
:25:00. > :25:01.be seen by far more people than the official Facebook page,
:25:02. > :25:03.without the official campaign ever organising it.
:25:04. > :25:06.And even if the campaign went away tomorrow, those sorts of images
:25:07. > :25:10.Here's an example, and like lots, it's a bit
:25:11. > :25:15.It compares expenses of an MP who can cycle to Westminster from
:25:16. > :25:24.Team Corbyn has already found itself having
:25:25. > :25:25.to answer for the views and
:25:26. > :25:33.The fact that a lot of the content created in the name of the Corbyn
:25:34. > :25:35.campaign is not actually controlled by them can
:25:36. > :25:37.For example, at the moment the campaign
:25:38. > :25:41.has tried to distance itself from the work of the Canary, a
:25:42. > :25:44.publication that is online and pushes often
:25:45. > :25:50.This expert thinks it might have its roots in Labour's unfocused
:25:51. > :25:54.You see Labour were very effective at whipping up conversations among
:25:55. > :25:57.the politically engaged, a lot of anti-government
:25:58. > :26:02.While that's not effective when you have an electorate of
:26:03. > :26:05.essentially 45 million people, it's incredibly
:26:06. > :26:07.effective when you have a
:26:08. > :26:09.much smaller electorate, if you like the membership
:26:10. > :26:11.of the Labour Party, and affiliated organisations who are
:26:12. > :26:13.going to decide this particular election.
:26:14. > :26:26.You can see that that kind of method of operating, while it
:26:27. > :26:28.doesn't particularly work in electoral politics, with the wider
:26:29. > :26:30.public being incredibly effective in smaller and politically engaged
:26:31. > :26:34.So can Labour turn this big group of keyed up activists into
:26:35. > :26:40.From my experience of the Obama campaigns, an organisation that won
:26:41. > :26:42.a primary and two general elections, you need to both
:26:43. > :26:45.have the grassroots energy, but also the organisation and data
:26:46. > :26:53.and context to make it meaningful in an electoral contest.
:26:54. > :26:55.And so, to be able to create the space for
:26:56. > :26:58.energy is one thing, but to be able to marshal
:26:59. > :27:02.where you can produce an electoral outcome is something else, and it
:27:03. > :27:06.remains to be seen if the scale and capacity of the Corbyn side is going
:27:07. > :27:10.The Corbynasphere utterly dominates Labour's internal elections.
:27:11. > :27:13.So far, though, it had no visible success peeling off swing
:27:14. > :27:21.Theresa May is back at work now, having taken a nice Swiss holiday.
:27:22. > :27:24.Tomorrow is an important one - the cabinet will sit
:27:25. > :27:32.Nick Watt is also back from his holiday.
:27:33. > :27:40.Great to have you back. It feels a bit like things are settling in.
:27:41. > :27:45.What did we learn today? Theresa May is saying no to a second referendum,
:27:46. > :27:49.no Tonelli General election after the Brexit boat but yes to beginning
:27:50. > :27:54.the process early next year of taking the UK out of the EU by
:27:55. > :27:58.triggering Article 50 of the Ms Bond Treaty. But without a vote in
:27:59. > :28:04.parliament and assuming that she wins a legal challenge against that.
:28:05. > :28:07.Had we been paying attention when Theresa May launched a leadership
:28:08. > :28:11.contest in the early summer, we would not have been surprised. She
:28:12. > :28:13.said it would be wrong to add to the uncertainty by holding an election
:28:14. > :28:19.and she said that Brexit means Brexit. As one and I said, she needs
:28:20. > :28:26.to trigger it early next year so she can take in the UK out of the EU by
:28:27. > :28:31.2019 and go into a general election in 2020 and say, you voted to leave
:28:32. > :28:37.and I delivered it, can I have the reward? We learned some things today
:28:38. > :28:41.but if we had paid attention we would have known that. What about
:28:42. > :28:47.tomorrow? The Cabinet awayday at Chequers, beginning with the formal
:28:48. > :28:50.cabinet. And then the officials will gently be shown the door and the
:28:51. > :28:55.real business in the political Cabinet begins. And the three
:28:56. > :28:59.Brexiteers, David Davis, Liam Fox and Boris Johnson will do
:29:00. > :29:03.presentations on how things are going. There has been some signs of
:29:04. > :29:08.tension between those three and Theresa May was not amused by that.
:29:09. > :29:13.And she needs them to get their ducks in a row so there is an agreed
:29:14. > :29:17.UK position by the time that she triggers Article 50 early in the New
:29:18. > :29:22.Year. Ayew any clearer about what that position could be cursed at the
:29:23. > :29:26.grand bargain is that the UK needs to take back control of immigration
:29:27. > :29:32.and if you're doing that then you're going to limit your access to the
:29:33. > :29:36.single market. I spoke to one senior Whitehall source today who said that
:29:37. > :29:40.the key thing is the UK has got to be a rule maker and not a rule
:29:41. > :29:45.taker. And this person said I think that means we will have limited
:29:46. > :29:50.access to the single market and interestingly, perhaps no passports.
:29:51. > :29:54.This is the process allowing us to sell our financial services around
:29:55. > :29:58.the EU and this person is saying the process that we might move towards
:29:59. > :30:03.is equivalent, we as the UK said the rules and regulations and then we
:30:04. > :30:09.say, they are the equivalent of the EU. But who would arbitrate? But
:30:10. > :30:15.Theresa May has been visiting five European capitals and she has been
:30:16. > :30:22.struck about how UK -- EU leaders are worried, and are sounding
:30:23. > :30:23.flexible on free movement of workers and not people. That could be
:30:24. > :30:26.encouraging for her. Well, as the new political
:30:27. > :30:29.term is almost upon us, we've invited along a panel
:30:30. > :30:31.of friendly experts to offer some We've asked each of you to tell us
:30:32. > :30:38.what her priority should be. Here with us: Anne McElvoy
:30:39. > :30:42.from the Economist, Polly Toynbee from the Guardian,
:30:43. > :30:50.and Fraser Nelson - If she has to pick one priority,
:30:51. > :30:55.what should it be at this point? I think a big priority for Theresa May
:30:56. > :31:00.is people outside London, outside the urban centres who may be voted
:31:01. > :31:04.for Brexit but not die-hard Eurosceptics. Just people who have
:31:05. > :31:07.become a bit divorced from what goes on at Westminster, who feel the
:31:08. > :31:12.system doesn't work very well for them. She sees quite small
:31:13. > :31:16.irrational people, a lot of Brexit is blamed on people being
:31:17. > :31:22.dispossessed. She knows a lot of people voted for this and it is a
:31:23. > :31:25.symbol, if you like, if this dislocation. She wants to put this
:31:26. > :31:31.back together and rebuild small sweet conservativism. Particularly
:31:32. > :31:35.outside London but the previous government had a big idea, Northern
:31:36. > :31:41.powerhouse. We've been a bit all over the place? She doesn't like
:31:42. > :31:45.that, it sounds to top down, too many banker friends of George
:31:46. > :31:49.Osborne doing the right things for Manchester. Very nice for Manchester
:31:50. > :31:53.and Leeds, but it left a lot of holes in between thinking, what
:31:54. > :31:59.about us? I think we will see less of that big headlining, the grand
:32:00. > :32:02.ideas, and more as a now reached a lots of places who can feel they
:32:03. > :32:06.have a stake. How she will deliver that will be difficult and
:32:07. > :32:10.interesting. That is one. What do you think a priority should be? She
:32:11. > :32:15.has to explain who she is and what her agenda is. People have known as
:32:16. > :32:18.the Home Secretary for ages but she's not one who would tell you
:32:19. > :32:21.about her vision of politics and how it differs from David Cameron's and
:32:22. > :32:26.what direction she would take the country in. It wasn't long ago we
:32:27. > :32:30.were watching television debates of three leaders, which seems
:32:31. > :32:33.ridiculous we have people who are entirely different. She hasn't had a
:32:34. > :32:37.leadership contest to explain this. Right now she should be going up and
:32:38. > :32:41.down the country, trying to explain what she intends to do. She has been
:32:42. > :32:46.very quiet, partly because she has been on holiday, but she hasn't been
:32:47. > :32:50.putting herself about? Even her own Cabinet don't know what her agenda
:32:51. > :32:54.is and some don't know why they were appointed. She needs to get her
:32:55. > :33:01.agenda across to them first and then to the rest of the country. There is
:33:02. > :33:06.no such thing as Mayism right now. She needs to find out, tell her
:33:07. > :33:09.colleagues and then the rest of us. Polly? The big discussion starts
:33:10. > :33:15.tomorrow, the honeymoon is over and she is confronted with a Cabinet
:33:16. > :33:23.that is riven over the big issue of Brexit. Even the three Brexiteers
:33:24. > :33:28.don't really agree. She said Brexit means Brexit, that is meaningless,
:33:29. > :33:32.nobody knows what it means. A delightfully helpful get out clause.
:33:33. > :33:35.She has to say what she means by it. In my view that should be supporting
:33:36. > :33:39.Philip Hammond and saying we have to stay in the single market. She has
:33:40. > :33:44.to set the parameters and not allow them to all run away with a great
:33:45. > :33:47.squabble amongst themselves. She has to establish her authority and
:33:48. > :33:51.sakes, this is what I mean by Brexit. Interested to hear your
:33:52. > :33:55.views, we will have as many as we can accommodate, but she has to say
:33:56. > :33:59.what Brexit is. It is a nightmare. I don't think any Prime Minister in
:34:00. > :34:07.living memory has stepped into such an appalling situation. Rishi has
:34:08. > :34:13.more had Brexit is in her party. -- she has more. It is not easy. She
:34:14. > :34:21.does, but she has a huge majority in the House of Commons who are
:34:22. > :34:24.Remainers and it will come back to the House of Commons. The
:34:25. > :34:27.communities act has to be repealed, every element of this will end up
:34:28. > :34:32.being discussed in parliament. It may drive the rest of the country to
:34:33. > :34:42.desperation with its complexities, but it's important. What do you say?
:34:43. > :34:46.She is also a Remainer, but a quiet one. Fraser was interesting saying
:34:47. > :34:51.there's no such thing as Mayism, but apart from that she has a blank
:34:52. > :34:56.sheet on which to write. She has been very good in not boxing herself
:34:57. > :35:00.in, in her position as Home Secretary. And even fair on the Bill
:35:01. > :35:05.of Rights and things, she created some space for herself. My worry is,
:35:06. > :35:08.does she know, does she have the team, does she have the planning
:35:09. > :35:12.order quickly to put into that space? I think she has been very
:35:13. > :35:16.clever at getting where she got to. She has come through as apes
:35:17. > :35:19.Remainer in charge of a Brexit cabinet. Polly says it is
:35:20. > :35:23.unmanageable but she is chairing these committees. She knows how to
:35:24. > :35:29.run the organisational chart of government. Fraser, if she was so
:35:30. > :35:33.minded, can she basically say we are going to stay in the single market
:35:34. > :35:39.and have a minimal change on free movement best or does she have to
:35:40. > :35:43.say, free movement is ended? I think she has to. The way the referendum
:35:44. > :35:47.campaign was fought, there was an unwritten understanding that freedom
:35:48. > :35:51.of movement was a problem. The idea you can control the ever rising EU
:35:52. > :35:55.migration turned out to be one of the central issues of the referendum
:35:56. > :36:01.campaign. Technically she could do a Norway. When she says Brexit means
:36:02. > :36:09.Brexit she means we're not going to do a Norway, it does actually mean
:36:10. > :36:14.coming out of it. We are drifting towards probably no passport in
:36:15. > :36:19.front biggest export industry? Absolutely. I think it was fairly
:36:20. > :36:25.widely discussed in the campaign. Something Phil Hammond is concerned
:36:26. > :36:29.about. Absolutely. She has other huge problems on her plate, the NHS
:36:30. > :36:36.is on its knees. People voted Brexit and they were promised, ?350 million
:36:37. > :36:39.that the NHS, social care is in a state of absolute collapse. Where is
:36:40. > :36:43.the money going to come from? We don't know what her economic
:36:44. > :36:47.policies are. Is she willing to borrow or let the deficit slip?
:36:48. > :36:55.Would you call an election if you were her not right now. But if she's
:36:56. > :36:59.going to be so much different from David Cameron, and it looks as if
:37:00. > :37:03.she is so far, then I think she has to. If her agenda is significantly
:37:04. > :37:08.different to the one the country voted for last year, then she ought
:37:09. > :37:12.to. Spring next year? Spring or summer next year. Hopefully Labour
:37:13. > :37:19.will reckon resemble an opposition by then. Is it the best thing to say
:37:20. > :37:23.you're not going to do it until you actually do it? I don't think why
:37:24. > :37:27.she needs to. I think she is in such a commanding position, the Labour is
:37:28. > :37:31.in a state of shambolic collapse. I don't see why she doesn't simply
:37:32. > :37:36.plan her course, do what she wants to do. She's pretty much mistress of
:37:37. > :37:43.all she surveys. She will only do when she has a deal, a reliable
:37:44. > :37:48.deal... Do you think we need to be clear about Brexit before the
:37:49. > :37:52.election? Yes, otherwise it becomes referendum two, the horror story
:37:53. > :37:56.continues. What is in it for her? She is not under massive pressure
:37:57. > :38:00.from the Labour Party for the foreseeable future. I think she can
:38:01. > :38:05.largely control the terms. It may be 2020 is a long way away, but she
:38:06. > :38:08.does know she has got control, because nobody else, as it turned
:38:09. > :38:11.out, in her party, could do it better. We will leave it there.
:38:12. > :38:14.Thank you all very much. That's about it tonight,
:38:15. > :38:17.but before we go a little tribute to one of America's most loved comic
:38:18. > :38:19.actors Gene Wilder Millions of children grew up
:38:20. > :38:23.with his classic "Willy Wonka He also provided the magic
:38:24. > :38:26.for the box office juggernauts Bonnie and Clyde, Stir Crazy
:38:27. > :38:29.and The Producers, which won him In his later years he found most
:38:30. > :38:33.comfort in his writing but we'll leave you with this
:38:34. > :38:34.family favourite. # Anything you want to,
:38:35. > :40:02.do it Good evening, a stunning day across
:40:03. > :40:05.most of the UK today. Tomorrow, a change coming our way. This weather
:40:06. > :40:10.front will be crossing the country bringing a spell of cloud and some
:40:11. > :40:13.rain. Not a lot of rain but at times you might need an umbrella. This is
:40:14. > :40:17.what it looks like in the afternoon across Northern Ireland. Most of the
:40:18. > :40:21.day will be quite bright with a few showers, the showers will also get
:40:22. > :40:22.into Scotland, through the lowlands