:00:00. > :00:00.Donald Trump's press secretary pledges to "tell
:00:07. > :00:09.the facts as he knows them" - but berates the media for constantly
:00:10. > :00:15.Over and over again there's this constant attempt
:00:16. > :00:19.to undermine his creidbility and the movement he represents.
:00:20. > :00:21.And it's frustrating, for not just him but I think
:00:22. > :00:25.so many of us who are trying to get this message out.
:00:26. > :00:28.On his first day in office, the new president dumps
:00:29. > :00:32.What will this tell us about the direction
:00:33. > :00:42.Well, Trump says he wants to help the American worker.
:00:43. > :00:45.Over here, our own Government set out its ideas for Britain -
:00:46. > :00:50.The former Business Secretary, Lord Mandelson, and the current one,
:00:51. > :00:55.Also tonight, the Trident missile that went AWOL.
:00:56. > :00:59.We'll look at the political fallout.
:01:00. > :01:01.And Pulitzer Prize-winning journalist, Thomas Friedman,
:01:02. > :01:11.If you engage with him too much, too often and too closely, he will
:01:12. > :01:16.actually suck your brains out, because he is such an indecent
:01:17. > :01:24.person, capable of such indiscreet behaviour.
:01:25. > :01:29.One year ago, before the New Hampshire primary,
:01:30. > :01:32.I asked Donald Trump, in person, what he would do
:01:33. > :01:38."So many things," he told me, "You wont believe it."
:01:39. > :01:43.Well, that day - his first weekday in the White House - has come.
:01:44. > :01:46.Just before noon he signed an executive order formally
:01:47. > :01:51.withdrawing the US from the Trans Pacific Partnership.
:01:52. > :01:55.It was a campaign promise and a key tennet of his pledge to deglobalise,
:01:56. > :01:59.putting in his words, "America first".
:02:00. > :02:03.Our diplomatic editor, Mark Urban, looks at what Trump's first day
:02:04. > :02:18.tells us about a new direction for America.
:02:19. > :02:26.Back to work on a blowy, rainy morning for the people of this city.
:02:27. > :02:31.For the new President, after a weekend of political bluster, a day
:02:32. > :02:36.to demonstrate that the wind of change you porters had -- supporters
:02:37. > :02:44.had voted for had hit the White House. First one is withdrawals from
:02:45. > :02:52.the - of the United States from the trans-Pacific partnership. Everyone
:02:53. > :02:57.knows what that means, right? We've been talking about this for a long
:02:58. > :03:02.time. Mr Trump signed three executive orders today, stopping a
:03:03. > :03:06.Pacific trade deal, freezing government job recruitment and
:03:07. > :03:11.halting funding for abortion education overseas. That follows an
:03:12. > :03:16.earlier order to hobble the ObamaCare health programme, all
:03:17. > :03:20.these address campaign promises, but hardly yet in a spectacular way.
:03:21. > :03:25.That's it. I think it's important to recover from what was a really
:03:26. > :03:29.terrible opening weekend as President of the United States,
:03:30. > :03:34.where Donald Trump was worrying about how the media was reporting
:03:35. > :03:40.the crowd sizes of his inauguration. I think that signing these executive
:03:41. > :03:45.orders is, among other things, to send the signal that yes, he is
:03:46. > :03:49.going to focus on the priorities that got him located. Also --
:03:50. > :03:54.elected, and also on some issues that are not about him. There were
:03:55. > :03:58.dozens of campaign trail promises that were supposed to happen today.
:03:59. > :04:02.From starting construction of that beautiful wall on the Mexican
:04:03. > :04:07.border, to the deportation of millions of illegal immigrants and
:04:08. > :04:14.the labelling of China as a currency manipulator. Well, today was the day
:04:15. > :04:19.that all of that got watered down by the reality of Washington, both
:04:20. > :04:22.having to deal with foreign governments and, more importantly,
:04:23. > :04:30.building up a rapport with Republicans on the Hill to get some
:04:31. > :04:35.of this stuff enacted. On the Hill, as the business of vetting a Trump
:04:36. > :04:40.administration continues slowly but surely, many Republicans are working
:04:41. > :04:44.out which parts of Trump's aJane athey can -- agenda they can help to
:04:45. > :04:47.vote through and which ones they simply can't support. It will be
:04:48. > :04:51.interesting to see the first time the Republican Congress or parts of
:04:52. > :04:55.the Republican Congress run into conflict with him. And surely, there
:04:56. > :05:00.will be those times. I think when you look at a policy that is so
:05:01. > :05:04.stridently anti-free trade, that is something that will bother some
:05:05. > :05:09.Republicans, without question. On the issue of infrastructure
:05:10. > :05:14.spending, the notion that we would spend $1 trillion that would be
:05:15. > :05:18.unpaid for will be very difficult for some fiscal conservatives to
:05:19. > :05:22.swallow. And will to the best of my ability... As this work gets under
:05:23. > :05:27.way, though, team Trump is continuing to fire salvos at the
:05:28. > :05:33.media, over the number of people who attended the inauguration and an ill
:05:34. > :05:37.tempered die tribe from the President's secretary on Saturday --
:05:38. > :05:42.press secretary on Saturday. The thing I found most disturbing was
:05:43. > :05:45.that he spews a bunch of falsehoods and turns to the reporters in the
:05:46. > :05:50.room and says, "This is what you should be reporter and covering." I
:05:51. > :05:56.cannot think of at least in the time that I've been in Washington, anyone
:05:57. > :05:59.ever standing there and lecturing the press, any government official,
:06:00. > :06:05.and telling them, this is what you cover. At today's first formal White
:06:06. > :06:10.House press conference, he returned to the attack. Over and over again,
:06:11. > :06:14.there's this constant attempt to undermine his credibility and the
:06:15. > :06:18.movement that he represents. It's frustrating for not just him, but
:06:19. > :06:26.for so many of us who are trying to work to get this message out. Down
:06:27. > :06:30.pours seem fitting for a day when the President showed he'll have to
:06:31. > :06:37.obey certain laws of politics and the news media learned that it will
:06:38. > :06:44.be shown no quarter, less a bright new dawn, more welcome to the swamp.
:06:45. > :06:46.Earlier, I spoke to the former candidate for the Democratic
:06:47. > :06:53.You'll remember him as Hillary Clinton's main challenger for the
:06:54. > :06:56.Democratic nomination. He doesn't share much in common with Donald
:06:57. > :07:00.Trump, but they do share a certain view on anti-globalisation. So I
:07:01. > :07:05.asked him what he made of the cancellation of such a major trade
:07:06. > :07:12.deal today. The current trade policies that we have, which
:07:13. > :07:16.include-and-a-half that and trade relations -- Nafta and trade
:07:17. > :07:22.relations will be China will be a problem. We have lost millions of
:07:23. > :07:26.decent paying jobs. I campaigned very strongly against the TPP and
:07:27. > :07:37.I'm glad that Trump followed through and has gotten us out that of that
:07:38. > :07:41.-- of that. If he's going to be honest with the American people, he
:07:42. > :07:44.has to withdraw his manufacturing in countries like Mexico and Bangladesh
:07:45. > :07:47.and Turkey and China, where he's paying very low wages. If he wants
:07:48. > :07:50.to be honest with the American people, when he says buy American,
:07:51. > :07:54.hire American, he's got to bring those jobs back to the United
:07:55. > :07:57.States. For America's allies, that word "withdraw" is critical. A lot
:07:58. > :08:01.of people are looking at Donald Trump and saying is he going to pull
:08:02. > :08:05.America away from the rest of the world. He may want to do that, but
:08:06. > :08:08.that's not my view. We need to maintain and strengthen our contacts
:08:09. > :08:12.with people all over the world. I'd rather have people sitting around
:08:13. > :08:16.the table arguing with each other rather than going to war. Climate
:08:17. > :08:19.change is a planetary crisis in which we've got to work together.
:08:20. > :08:24.The exploitation of children and women is a global crisis. We've got
:08:25. > :08:29.to work together. I think trying to develop good trade policies for the
:08:30. > :08:34.people of our country and around the world does not mean, to me, that we
:08:35. > :08:40.should withdraw from the world or not play an active role in United
:08:41. > :08:47.Nations or other bodies. What do you think of the words about America
:08:48. > :08:51.first and he talked about America's carnage in the inauguration address.
:08:52. > :08:57.That's the language used by isolationists in the 1920s. It's not
:08:58. > :09:00.language I'm sympathetic to. We are living in an increasingly small
:09:01. > :09:04.world. It is important that countries work together in every way
:09:05. > :09:08.possible. If it's America first, then it's the UK first, then it's
:09:09. > :09:11.China first, then it's Japan first. I think we need international
:09:12. > :09:15.cooperation to make sure that we have a world at peace, a world in
:09:16. > :09:18.which we effectively combat climate change and deal with so many of the
:09:19. > :09:21.other serious problems facing our planet. Theresa May becomes the
:09:22. > :09:25.first leader to meet Donald Trump. She's hoping for a trade deal with
:09:26. > :09:30.him. How outward looking do you think Donald Trump will be with
:09:31. > :09:33.other countries? I can't predict, I honestly can't predict. But the
:09:34. > :09:37.United States is the most powerful nation on earth. We have got to work
:09:38. > :09:43.with countries all over the world to address the very serious crises
:09:44. > :09:51.facing our planet. Senator Bernie Sanders. Joining me now Republican
:09:52. > :09:55.strategy Ron Christie and Molly Ball. This was a day with such huge
:09:56. > :10:00.expectations, the weight of all that was going to be done, how did it add
:10:01. > :10:04.up? Several things happened today. In policy terms it was significant
:10:05. > :10:07.that President Trump issued some executive orders, starting to
:10:08. > :10:13.actually implement some of his policy agenda. On the other hand you
:10:14. > :10:17.had his press secretary do a do-over press conference, seeming to want to
:10:18. > :10:20.atone for the disastrous press conference he gave on Saturday,
:10:21. > :10:24.where he said a lot of things which were plainly not true and stuck a
:10:25. > :10:29.thumb in the eye of the American media, still a very combative and
:10:30. > :10:33.antagonistic press conference, but clearly trying to make amends. You
:10:34. > :10:37.have an administration that is still finding its footing, that is behind
:10:38. > :10:41.the curve in a lot of ways, that is not enjoying a conventional
:10:42. > :10:45.honeymoon. You have Trump seeming to want to govern very much the way he
:10:46. > :10:49.campaigned. That is the point. Where was the honeymoon. It got off to a
:10:50. > :10:52.rocky start, not just the press conference, the CIA discussion at
:10:53. > :10:58.the weekend. Was this a chance to reset all of that opening? I think
:10:59. > :11:00.so. Molly's right. You notice that there's already a do-over, some of
:11:01. > :11:04.the statements they've made and comments that they've said for the
:11:05. > :11:07.last couple days. They need to recognise now they're no longer
:11:08. > :11:12.campaigning. The campaign is over. The most difficult thing that I
:11:13. > :11:16.found walking in 16 years ago, on day one of an administration, how do
:11:17. > :11:20.we do this, how do we translate what we said to the American people -
:11:21. > :11:25.You're supporting the Trump administration now. When he pulls
:11:26. > :11:30.out the global trade deals and antiabortion legislation, do you
:11:31. > :11:34.cheer? I don't. But I go by policy and what the President said he would
:11:35. > :11:39.do and how he's acted. I think pulling out of TPP was a mistake.
:11:40. > :11:42.This is something that President Obama negotiated in good faith with
:11:43. > :11:45.several other nations. I think it would have helped American business
:11:46. > :11:49.and workers. He said no, I'm going to pull out. I don't agree with
:11:50. > :11:52.that. That was his decision This is something that Trump has been
:11:53. > :11:56.consistent about both in the campaign and in his inaugural
:11:57. > :11:59.address. It was a dark and divisive address, but a declaration of war on
:12:00. > :12:03.both parties. Have you him doing things now that are in line with
:12:04. > :12:08.conventional conservative doctrine, like abortion. Something like trade,
:12:09. > :12:12.that is something that someone like Bernie Sanders is more sympathetic.
:12:13. > :12:16.Instead of a declaration of war, you say this is what the American people
:12:17. > :12:19.have voted for. He doesn't care about party politics. He wants to
:12:20. > :12:23.talk to the people who voted him in. That's what he's done consistently.
:12:24. > :12:26.That is exactly the way he and his team see it. The question is - how
:12:27. > :12:30.big a group is that and is that going to be effective? I think
:12:31. > :12:34.people voted for Trump because they thought he might be able to, because
:12:35. > :12:39.he is so unconventional finally get something done in Washington. They
:12:40. > :12:42.see the gridlock in Washington as a bipartisan problem and they'd like
:12:43. > :12:46.him to overcome as a businessman. If he runs up against the reality of
:12:47. > :12:50.governing and can't make the wheels turn, here in the Senate, where we
:12:51. > :12:54.are on Capitol Hill, that is going to make people disappointed in him.
:12:55. > :12:58.It's been difficult for him to get the team through. This was a point
:12:59. > :13:05.Sean Spicer made that people he thought would be OK, like Mike
:13:06. > :13:09.Pompeo of the CIA had that stopped from going through. Are we going to
:13:10. > :13:14.see the same sense of gridlock now? I do. It's typical. The minority
:13:15. > :13:18.leader of the United States Senate wields a lot of power in being able
:13:19. > :13:21.to hold up some of the nominees that President Trump wants to puts into
:13:22. > :13:24.office. It's the usual horse trading. This is only a marker, a
:13:25. > :13:27.spot for negotiation for the Democrats and the new
:13:28. > :13:32.administration. Dot Democrats have an obligation to say look, we may
:13:33. > :13:35.not like this man, we disagree with lot he's doing, but cannot afford to
:13:36. > :13:39.have a system, an administration that simply doesn't function for
:13:40. > :13:42.another eight years? Without taking a side on what they sought to do,
:13:43. > :13:45.the Democrats haven't really decided what to do as a matter of strategy.
:13:46. > :13:50.You're talking about a delay of a few days. But the Democrats cannot
:13:51. > :13:53.have the ability nor do they have the willingness to actually stop any
:13:54. > :13:56.of these Cabinet nominees. So far, it looks like they're all going to
:13:57. > :13:59.get through, which would be a remarkable thing for any President.
:14:00. > :14:02.They started out behind. They weren't up to date on a lot of the
:14:03. > :14:06.paperwork when they started. It does look like the entire Cabinet will be
:14:07. > :14:09.confirmed. Then it will be on to things like the Supreme Court and
:14:10. > :14:12.trying to find a replacement for ObamaCare. Those will be huge
:14:13. > :14:17.battles for this administration. Great to have you here. We will hear
:14:18. > :14:18.more about the Supreme Court and the immigration measures later in the
:14:19. > :14:23.week, now back to you. For several decades now,
:14:24. > :14:25.Britain has been restrained in its ambitions for any kind
:14:26. > :14:27.of industrial policy. We got this Government's first big
:14:28. > :14:31.statement on it today, a Green Paper called
:14:32. > :14:33.Building Our Industrial Strategy. The mere fact of it is a big change,
:14:34. > :14:36.but what about the contents? The chapter on energy
:14:37. > :14:42.policy, for example, Two are reviews, one
:14:43. > :14:48.is a roadmap and one But there is real
:14:49. > :15:01.material in there too. Thank you, Mr Speaker. This is a
:15:02. > :15:05.hugely important moment for the United Kingdom, a moment where we
:15:06. > :15:09.must prepare a new strategy to earn a prosperous living in the years
:15:10. > :15:16.ahead. We have had government policies for industry before. They
:15:17. > :15:20.were given a sendoff by new cabinet boy Harold Wilson. It didn't end
:15:21. > :15:24.well. Instead of successfully picking winners, we ended up
:15:25. > :15:28.desperately trying to save losers. Has the government now come up with
:15:29. > :15:32.something effective and different? The background is an extraordinarily
:15:33. > :15:38.large imbalance in the economy. On the latest figures for the value of
:15:39. > :15:45.output per head, London is at over ?43,000, the average for the UK is
:15:46. > :15:50.?25,000, and at the bottom is Wales on ?18,000. The broad problem is
:15:51. > :15:54.this. A successful industry is a collection of players, a key
:15:55. > :15:58.manufacturer, suppliers, the workforce. One company on its own
:15:59. > :16:03.may not be viable, but a whole cluster in a region may be world
:16:04. > :16:10.beating. But how on earth do you kick-start a cluster? It's like the
:16:11. > :16:15.familiar problem of getting the dancing going at a party. By 10pm,
:16:16. > :16:20.everybody wants to dance, but nobody wants to go first and be alone on
:16:21. > :16:24.the dance floor. This provides a case for some coordination, industry
:16:25. > :16:28.talking shops and the Government is on board. It is promoting so-called
:16:29. > :16:33.sector deals to give leadership in different areas. It is actually what
:16:34. > :16:35.Vince Cable did in the aerospace industry. The goal is to plant a few
:16:36. > :16:38.seeds and watch forests grow. There is a lot more in
:16:39. > :16:42.the Green Paper, notably on skills, and a new Institutes of Technology
:16:43. > :16:45.to upgrade vocational training. Peter Mandelson held
:16:46. > :16:47.a number of Cabinet posts, including being Secretary of State
:16:48. > :17:03.for Trade and Industry. Good evening. What is your reaction
:17:04. > :17:07.to the Green paper? I welcome it. Is it new? I think it has the potential
:17:08. > :17:11.to be new. What is important about it is that it does actually
:17:12. > :17:17.represent an attempt, finally, to bury Mrs Thatcher's purely
:17:18. > :17:22.market-driven philosophy. The reason why that is important is I think it
:17:23. > :17:24.provides the basis for cross-party agreement, a consensus which is
:17:25. > :17:31.important if industrial strategy is going to endure and work in the
:17:32. > :17:35.future. Really to work, it doesn't have to just be good, it has to be
:17:36. > :17:44.truly transformative. Transformative and our ability to innovate and
:17:45. > :17:47.commercialise our science space, to transform our skill raising in this
:17:48. > :17:52.country, not just for those at university, but for the other half
:17:53. > :17:54.of the young population but do not go to university, but also it has to
:17:55. > :18:00.be transformative in our ability to make available patient long-term
:18:01. > :18:05.finance for start-up and growing companies. I am trying to work out
:18:06. > :18:09.if it is new or just a continuation of the same. Was yours
:18:10. > :18:15.transformative? In which case, this is transformative and a
:18:16. > :18:20.continuation? Well, I think if it had... If it had more than two
:18:21. > :18:25.years? What is the active ingredient of a transformative one? Culture
:18:26. > :18:31.change, legislative changes? It is certainly not more money, you never
:18:32. > :18:36.did that either? Well, we did, and Scale matters, resources matter.
:18:37. > :18:40.More resources, money and power, should be transferred from the
:18:41. > :18:46.centre to the regions. I think that is a very important feature of a
:18:47. > :18:52.successful industrial strategy in the future. What is important, and
:18:53. > :18:54.let me give an example. Towards the end of my time as Business
:18:55. > :19:03.Secretary, I borrowed from Germany a rather interesting concept of
:19:04. > :19:07.institutes. They were mechanisms, institutes for taking out, spinning
:19:08. > :19:11.out research and development, what was going on inside universities,
:19:12. > :19:16.putting it into the private sector and commercialising it. I pushed
:19:17. > :19:19.this through in the last months of the Labour government. It was one of
:19:20. > :19:24.the things that the incoming coalition government embraced. They
:19:25. > :19:27.rechristened it, they became catapults, I think they claimed a
:19:28. > :19:32.lot of credit for themselves, fine. But they lived on. What I would hope
:19:33. > :19:37.the new government does is look at what works in these catapults and
:19:38. > :19:42.say, right, how can we roll out what works, what is best, how can we
:19:43. > :19:45.reform and strengthen what doesn't? At a party, I'm interested to look
:19:46. > :19:49.back on what you didn't do and what mistakes you might have made, do you
:19:50. > :19:51.think you neglected to the north? It's interesting that phrase
:19:52. > :19:56.Northern Powerhouse is a phrase associated with George Osborne, the
:19:57. > :20:00.Conservative Government in particular. We didn't ignore it, we
:20:01. > :20:03.did one thing that was wrong, in my view. We have regional development
:20:04. > :20:08.agencies. We now have local enterprise partnerships. In the case
:20:09. > :20:16.of our agencies, we put a shed load of money into the regions, but we
:20:17. > :20:20.didn't create the point of decision making fun of accountability, that I
:20:21. > :20:27.think local enterprise partnerships... That the Northern
:20:28. > :20:32.Powerhouse is trying to do. We had money, but we didn't have local
:20:33. > :20:36.power, accountability, and I think they are important. Another
:20:37. > :20:42.potential mistake, did you try to send too many people to university?
:20:43. > :20:50.Absolutely not. Now it is more about skills and vocational skills, rather
:20:51. > :20:52.than degrees? No. We were absolutely right to widen opportunities for
:20:53. > :20:56.those that wanted to go to universities, not just straight from
:20:57. > :20:59.school but from colleges, further education, following different
:21:00. > :21:04.routes into university. What we now need to do is to create the
:21:05. > :21:08.equivalent excellence in the technical education, the skill
:21:09. > :21:13.raising, that we create for the other 50%. That is what I would like
:21:14. > :21:17.to see happen now. Not conceding that as a mistake? I need to ask you
:21:18. > :21:22.about trade. We have heard a lot about it from Emily in the States.
:21:23. > :21:27.Sean Spicer, this spiky spokesman, was announcing today the edict that
:21:28. > :21:32.Trump is fine with trade deals, as long as they are bilateral,
:21:33. > :21:35.one-on-one. He doesn't want big multilateral ones. He's fine with
:21:36. > :21:40.trade deals as long as America gets its own way! I was going to ask,
:21:41. > :21:48.what significance is there in a distinction between bilateral and
:21:49. > :21:52.multilateral? Well, is Nafta, the agreement between the United States,
:21:53. > :21:58.Canada and Mexico, a great multilateral agreement? It's not. Mr
:21:59. > :22:03.Trump wants to get his own way. He wants trade negotiations to result
:22:04. > :22:07.in the American way or no way. The point about America is that it is
:22:08. > :22:11.such a big economy, such a powerful country, that when it is negotiating
:22:12. > :22:18.with smaller or weaker economies and countries, it can often get its own
:22:19. > :22:22.way. This is the question I want to ask... We had better watch out in
:22:23. > :22:30.our own negotiation, it is very easy to start a trade negotiation and
:22:31. > :22:33.then finish it at a low level of ambition, it is basically a
:22:34. > :22:39.political agreement, for it to be truly substantive, and not just
:22:40. > :22:44.overt trade but to create new trade, that is heavy lifting. That's really
:22:45. > :22:48.heavy lifting, as the British Government will find when it starts
:22:49. > :22:52.negotiating, as I hope it will do, with the United States. I suspect
:22:53. > :22:57.what the outcome will be is the United States saying, right, we can
:22:58. > :23:01.deal with the tariffs, minor matters, it is really the
:23:02. > :23:04.regulations and the regulatory differences in structures between us
:23:05. > :23:09.and the Americans that will count. What they are going to say at the
:23:10. > :23:13.end of the day is that, you comply with our regulatory approach, and
:23:14. > :23:17.standards, and trade will be open. That will create a big choice for
:23:18. > :23:21.us. The more we comply with America, the greater the distance we create
:23:22. > :23:25.between ourselves and our biggest, effectively our home market, the
:23:26. > :23:26.European market. Lord Mandelson, famous Remainer, of course, saying
:23:27. > :23:28.that. Greg Clark is the Secretary
:23:29. > :23:40.of State for Business, Would you concede that your party
:23:41. > :23:44.has neglected this area, that it has made a mistake in overlooking the
:23:45. > :23:47.power of industrial activism? I don't think we have overlooked it
:23:48. > :23:53.for some of the reasons Peter said. The catapults, for example, have
:23:54. > :23:56.been a great success in particular sectors, automotive being a case in
:23:57. > :24:01.point, where a number of businesses have got together and, with the
:24:02. > :24:05.government, have put together research institutes that have built
:24:06. > :24:08.their reputation for excellence. You, yourself, mention the
:24:09. > :24:13.devolution we have had to the Northern Powerhouse, the city we
:24:14. > :24:18.negotiated to create mares that are going to be elected in cities right
:24:19. > :24:23.across the country. -- Mayors. These have been very important points. Get
:24:24. > :24:26.me to the point, is what we are hearing today a new break with the
:24:27. > :24:30.past, in which case it would imply something was wrong with the past,
:24:31. > :24:38.or a friendly nudge along a trajectory that we have already been
:24:39. > :24:42.on, which might imply it is to be as successful as the past years? I
:24:43. > :24:45.think it is a break with the past of industrial strategies as they first
:24:46. > :24:49.came to be thought in the 1970s, when it was about identifying
:24:50. > :24:53.particular industries, often big players in those industries, getting
:24:54. > :24:56.them in around the table and usually transferring public money. That
:24:57. > :24:59.didn't work. It's not the approach we should take. It should be the
:25:00. > :25:04.opposite. One of the strengths of our economy now, modern economy, is
:25:05. > :25:08.that we have a reputation, justified, for being open to
:25:09. > :25:13.competition, where people are challenged. There is no quarter
:25:14. > :25:18.given to incumbents when you have an insurgent competitor. That is an
:25:19. > :25:26.important aspect. In a sentence, is there a big idea in your industrial
:25:27. > :25:30.policy? This is the Greg Clark doctrine that defines industrial
:25:31. > :25:35.policy? There was a lot in there, but it was quite small beer? There
:25:36. > :25:39.are three challenges... No, those are the challenges, it is the
:25:40. > :25:43.policy, not the difficulties, the way that the world has changed, the
:25:44. > :25:47.actual stuff that we do? The policies refer to different
:25:48. > :25:53.challenges. Let me give you an example. Skills trading, what was in
:25:54. > :25:56.your package, we fall behind, we are falling further behind competitors
:25:57. > :26:01.in the level of technical education and qualifications that we have. It
:26:02. > :26:05.is something that has characterised the British economy for a long time.
:26:06. > :26:09.But it seems clear if you want to earn our living in the future,
:26:10. > :26:14.importantly, if you want to close the gap between the top performers
:26:15. > :26:20.and the companies, places and people in the middle, having good technical
:26:21. > :26:26.skills is vital. As a very clear, central focus of our policy in the
:26:27. > :26:31.years ahead, we want to do all we can, both in creating new
:26:32. > :26:36.institutions, making sure the individuals, whether through school
:26:37. > :26:41.and beyond... Transformative? Absolutely, it can make a big
:26:42. > :26:45.difference, not just to productivity, but to prosperity.
:26:46. > :26:47.Productivity, which comes from the ability to have skills, translate
:26:48. > :26:51.into earning power, which is important for the quality of life. I
:26:52. > :26:55.asked Lord Mandelson if it was a mistake to try to get so many people
:26:56. > :27:00.to go to university. Would you say it is a mistake to try to get 50%?
:27:01. > :27:09.Was it a mistake, actually, to sweep up polytechnics and put them into
:27:10. > :27:12.university status? We kind of took out a layer that was most
:27:13. > :27:15.vocational? The fact that people can go to university now who would have
:27:16. > :27:18.dreamt of it before, but the places were rationed and they were denied a
:27:19. > :27:21.place, more people from disadvantaged backgrounds go to
:27:22. > :27:24.university now than ever before. That is a good thing and the
:27:25. > :27:29.reputation of our university system is one of excellence. I do think
:27:30. > :27:33.that we didn't pay enough attention to alternatives to university. Other
:27:34. > :27:38.countries, Germany being an important case in point, has a
:27:39. > :27:43.prestige attached to having technical qualifications. We know
:27:44. > :27:45.that employers have vacancies now in roles that require technical
:27:46. > :27:51.qualifications. It was something we should have done as well as making
:27:52. > :27:54.opportunities available in universities. What is striking is
:27:55. > :27:58.how these conversations come back time after time. How long have we
:27:59. > :28:05.been sitting saying that we need more vocational skills? 1946, is
:28:06. > :28:08.that when they first started saying that? I can remember these
:28:09. > :28:14.conversations and nothing has ever quite been transformed. I just
:28:15. > :28:19.wonder if you have cracked it this time or... I think we have to do.
:28:20. > :28:22.One of the reasons we have published a Green Paper is it's important if
:28:23. > :28:26.you have a strategy it has to endure. Peter mentioned the
:28:27. > :28:30.proposals he put forward didn't last very long, because he wasn't there
:28:31. > :28:36.to champion them. I think it is important that you build a strong
:28:37. > :28:41.consensus, you do this with businesses, you do this with
:28:42. > :28:45.employees and employers. As you say, there is a great recognition that
:28:46. > :28:49.this is long overdue. I think now is the time you need to make this
:28:50. > :28:53.transformation and this is an opportunity, especially in the
:28:54. > :28:59.context of Brexit, to be bold and say this is overdue and we are going
:29:00. > :29:04.to make the change. You posited today as a post-Brexit plant,
:29:05. > :29:10.everything in there we could do in the EU or out of the EU... Or have
:29:11. > :29:15.we gained opportunities in this area as a result of Brexit? The first
:29:16. > :29:20.thing to say is it is a set of policies we want to do anyway. You
:29:21. > :29:23.need to look forward and look at the strengths of the British economy,
:29:24. > :29:27.project them forward, but look at things like technical training. I
:29:28. > :29:32.think there are opportunities when it comes to public procurement, for
:29:33. > :29:35.example, there is a vast bureaucracy that often excludes small businesses
:29:36. > :29:41.from competing for Government contracts because of the scale of
:29:42. > :29:44.the red tape you go through. That is one area in which I think you can
:29:45. > :29:50.lighten the load on small business, very important to have this
:29:51. > :29:52.competitive, contestable economy. Greg Clark, thank you very much, and
:29:53. > :29:54.Lord Mandelson, thank you both. One Trident missile,
:29:55. > :29:56.that took off on a course of its own back in June,
:29:57. > :30:00.has given Theresa May one of her Yesterday, she obfuscated
:30:01. > :30:03.on whether she knew Today, she admitted
:30:04. > :30:06.she did know about it. What we know is that
:30:07. > :30:08.the Trident-armed submarine HMS Vengeance underwent what is known
:30:09. > :30:11.as a demonstration and shakedown Then, yesterday, it was reported
:30:12. > :30:18.that one of its test The Prime Minister was
:30:19. > :30:22.reluctant to acknowledge There are tests that take place
:30:23. > :30:28.all the time, regularly, Her reticence may reflect
:30:29. > :30:35.the fact that, within weeks of the Florida test,
:30:36. > :30:37.Parliament was asked to vote on renewing
:30:38. > :30:42.the UK's Trident programme. A failed test might have been useful
:30:43. > :30:47.ammunition in the debate. Today, opposition politicians
:30:48. > :30:49.demanded to know whether there Contrary to reports in the weekend
:30:50. > :30:56.press, HMS Vengeance and her crew were successfully tested
:30:57. > :30:59.and certified as ready to rejoin We do not comment on the details
:31:00. > :31:12.of submarine operations. Our political editor,
:31:13. > :31:24.Nick Watt, was watching Fill us in on everything we know as
:31:25. > :31:31.to what happened. I've been told that something did go wrong off the
:31:32. > :31:37.coast of Florida last June, but it was not catastrophic. The Government
:31:38. > :31:41.has had a tricky 36 hours or rather not explaining in public what
:31:42. > :31:44.happened. We have to look across the Atlantic to find out. There was a
:31:45. > :31:48.report on CNN this afternoon. They quoted a US defence official as
:31:49. > :31:52.saying that this Trident missile test did end in failure, but that
:31:53. > :31:57.when that happened standard procedures kicked in and essentially
:31:58. > :32:00.the missile autodestructed, it blew itself up and it changed its course
:32:01. > :32:07.from heading towards the West Coast of Africa to head back towards the
:32:08. > :32:13.US. The UK Government appears to be using that success of that emergency
:32:14. > :32:16.procedure to say there was no malfunction. They are saying the
:32:17. > :32:22.missile did what it was supposed to do. At the end of this entire
:32:23. > :32:26.testing process, the crew and that submarine were certified as
:32:27. > :32:29.successful and HMS Vengeance is now back at the sea. Nice of the
:32:30. > :32:35.Americans to tell us what happened with our missile. Where do you think
:32:36. > :32:38.this leaves Theresa May? Ministers are bullish about Trident and
:32:39. > :32:43.Theresa May's performance. Some Tories are saying this hasn't been a
:32:44. > :32:46.great 36 hours. Julian Lewis, the Conservative chairman of the Commons
:32:47. > :32:50.Defence Select Committee, the most ardent supporter of Trident who says
:32:51. > :32:53.it should be shrouded in secrecy said, "We need a Franker account for
:32:54. > :32:59.the Government." There are some Tories who are saying that the Prime
:33:00. > :33:02.Minister's prchs on Sunday when she didn't answer those questions was
:33:03. > :33:05.unconfident and evasive and a more agile response from the Prime
:33:06. > :33:10.Minister might have avoided such a big row. But it is important to say,
:33:11. > :33:13.a nuclear deterrent only works when your adversary thinks you can
:33:14. > :33:16.annihilate them. Ministers say if you have open commentary about
:33:17. > :33:17.weaknesses you are only playing into the hands of your adversaries.
:33:18. > :33:21.Thanks very much. The American group Liberty Media
:33:22. > :33:24.completed their takeover of the sport - and this
:33:25. > :33:27.is the really big one - they replaced Bernie Ecclestone
:33:28. > :33:33.as chief executive. Yes, the man who has been running
:33:34. > :33:36.Formula One for decades has now been pushed upstairs,
:33:37. > :33:49.to become chairman emeritus. I'm joined by one of the most expert
:33:50. > :33:52.journalists on the subject of Formula One, very good to talk to
:33:53. > :33:58.you. What's happened, what's going on, why did he go? Essentially,
:33:59. > :34:03.these new owners, Liberty Media are looking to really start a new dawn
:34:04. > :34:06.for Formula One. They've made probably the most significant change
:34:07. > :34:11.and riskiest change you could make to the sport. They didn't take long
:34:12. > :34:17.over it. No. How fine a fettle is the sport in at the moment? It has
:34:18. > :34:21.its ups and downs. Is it in an up or down? It's in a pretty precarious
:34:22. > :34:25.place. Normally you have the situation where you have 11 teams.
:34:26. > :34:30.The teams are in trouble. One of them recently went bankrupt Manor,
:34:31. > :34:34.based in the Midlands. So that's not good. The other ten that remain are
:34:35. > :34:37.in stable shape. With the circuits, Silverstone, which is home to the
:34:38. > :34:43.British Grand Prix is well documented to be in a spot of
:34:44. > :34:46.bother. There is a race in Malaysia looking to leave, Singapore looking
:34:47. > :34:51.to leave. The races provide the second largest, close to the largest
:34:52. > :34:58.source of revenue for Formula One, basically around a third of its 1. 7
:34:59. > :35:02.billion turnover. How will history journalling Bernie Ecclestone? Did
:35:03. > :35:07.he stay too long? The thing with him is that he really built up Formula
:35:08. > :35:10.One from an enthusiast's sport into the world's most watched annual
:35:11. > :35:14.sporting series. He signed virtually all the deals that bring in the
:35:15. > :35:19.revenue. He's 86. You would have thought they could have kept him on
:35:20. > :35:27.just to see out his tenure rather than the gamble of replacing them.
:35:28. > :35:34.You're a Bernie fan. They've given him chairman emeritus. He's hands on
:35:35. > :35:35.with the deals really, broadcasting, races, it's a big gamble. Thanks
:35:36. > :35:37.very much. One of the most celebrated
:35:38. > :35:39.and articulate prophets of globalisation is the New York Times
:35:40. > :35:41.columnist Thomas Freidman. He specialises in finding
:35:42. > :35:43.simple theories to explain the complexities of the world,
:35:44. > :35:46.and with a lot to explain at the moment, he's just come
:35:47. > :35:49.up with a new book - It describes how three forces
:35:50. > :35:53.are accelerating the processes that drive our lives -
:35:54. > :35:56.technology, globalisation and climate change -
:35:57. > :36:02.explaining, well, everything. He's a three-time Pulitzer
:36:03. > :36:04.Prize-winning journalist, I sat down with him earlier to talk
:36:05. > :36:11.about, well, everything. You get that much acceleration,
:36:12. > :36:14.you get a lot of phenomena at once. For instance, in America,
:36:15. > :36:17.or northern England, I suspect, in the Midlands,
:36:18. > :36:21.a lot of people lately, because it draws a lot of people together,
:36:22. > :36:24.they went to the grocery store and there was someone wearing
:36:25. > :36:27.a different head covering. In American terms, it
:36:28. > :36:30.wasn't a baseball cap. Really good by me, but maybe
:36:31. > :36:34.odd for some people. Then they went to the men's room
:36:35. > :36:37.and, lately, there seemed to be someone of a different gender
:36:38. > :36:40.at the stall next door. I happen to welcome
:36:41. > :36:43.that, LGBT rights. But that came very fast
:36:44. > :36:46.for a lot of people. Then they went to work,
:36:47. > :36:49.and somebody rolled up a robot next to them that seems to be
:36:50. > :36:52.studying their job. So if you think what anchors
:36:53. > :36:54.people in the world, where they live, where they work,
:36:55. > :36:58.who they associate with, there has been a lot of tumult
:36:59. > :37:02.in all of those areas as a result Now, Trump, President
:37:03. > :37:09.of the United States. Many would say he has
:37:10. > :37:12.been put there to slow down these accelerations
:37:13. > :37:15.of what your book is concerned. Do you think Trump can slow
:37:16. > :37:18.this down, can stop it? So, my three accelerations,
:37:19. > :37:21.they are like a hurricane. Trump I believe, is selling
:37:22. > :37:24.a wall to the hurricane. What my book is selling is an eye,
:37:25. > :37:27.an eye that moves with the storm, draws energy from it,
:37:28. > :37:30.but creates a platform of dynamic stability in it,
:37:31. > :37:33.where people can feel connected, You are the personification
:37:34. > :37:37.of the global elite. You are travelling everywhere,
:37:38. > :37:40.you write about globalisation. Do you acknowledge that you,
:37:41. > :37:45.personally, didn't do enough to talk about helping the whole population
:37:46. > :37:48.living in the eye of these storms of these great accelerations,
:37:49. > :37:50.as opposed to just getting on with it and forgetting
:37:51. > :37:53.that there were lots of people that maybe weren't as enthusiastic
:37:54. > :37:55.about it as you? If you read my books,
:37:56. > :37:59.there isn't a book, whether it is Lexus
:38:00. > :38:02.and the Olive Tree, World is Flat, this book, That Used To Be Us,
:38:03. > :38:05.that I wrote a few years ago, that didn't make
:38:06. > :38:07.the very simple case. Globalisation is everything
:38:08. > :38:11.and its opposite. It's incredibly empowering,
:38:12. > :38:13.it can be disempowering. It creates opportunities,
:38:14. > :38:16.it is also very authoritarian. My whole argument, all along,
:38:17. > :38:19.was that you got to get the best out I never wrote a book that
:38:20. > :38:23.wasn't about exactly that, about safety nets, education,
:38:24. > :38:26.retooling, reskilling You spent a lot of your career
:38:27. > :38:31.covering and being involved It is obviously another area,
:38:32. > :38:35.quite apart from globalisation and all the other things we be
:38:36. > :38:37.talking about, where Donald Trump appears to be marking quite a big
:38:38. > :38:42.change to previous regimes. Israel appears emboldened,
:38:43. > :38:46.to some extent, by the arrival What is your view about
:38:47. > :38:51.what is going on in So, Donald Trump is the first man
:38:52. > :38:57.to win the American presidency with only one sentence,
:38:58. > :38:59.basically, on every issue. His paragraph on Israel, basically,
:39:00. > :39:06.is I'm going to move their embassy, in Tel Aviv, to Jerusalem,
:39:07. > :39:09.and acknowledge that was the capital, even though it's
:39:10. > :39:12.in dispute and we've never done that Basically, to give
:39:13. > :39:16.Israel carte blanche. That means, basically,
:39:17. > :39:18.encouraging Israel to go from a two-state solution
:39:19. > :39:20.to a one-state solution. Here's what Trump
:39:21. > :39:22.doesn't understand. Here's why that is
:39:23. > :39:25.incredibly reckless. As long as the debate
:39:26. > :39:28.within Israel and the broader, global world Jewish community
:39:29. > :39:31.was over two states, then it was a debate
:39:32. > :39:33.between left and right. You think the line should be here,
:39:34. > :39:37.I think it should be there. It was a debate
:39:38. > :39:38.between left and right. When you go from a two-state
:39:39. > :39:41.solution to a one-state solution, A South African Israel,
:39:42. > :39:45.or a democratic Jewish Israel? When that happens, you will blow up
:39:46. > :39:50.every synagogue, every Jewish Because that debate will rip apart
:39:51. > :39:57.the entire Jewish community. So, what's your advice
:39:58. > :40:01.to members of that community? Friends don't let
:40:02. > :40:06.friends drive drunk. Right now, in my view,
:40:07. > :40:09.the Israeli right that's governing And America did the kindest thing,
:40:10. > :40:14.Obama did the kindest thing it can to a friend that is driving drunk,
:40:15. > :40:18.that was to try to sober them up. How do you think the press should
:40:19. > :40:22.react to Donald Trump? Well, I'm a columnist,
:40:23. > :40:24.I fortunately just now write one column a week,
:40:25. > :40:27.instead of two, which is really If you engage with him too much,
:40:28. > :40:31.too often, and too closely, he will actually suck
:40:32. > :40:33.your brains out. He is such an indecent person,
:40:34. > :40:37.capable of such indiscreet behaviour, that you can totally get
:40:38. > :40:43.caught up covering His differentiation between truth
:40:44. > :40:54.and fiction is just constantly My philosophy is watch his
:40:55. > :41:01.hands, not his lips. Always just watch what he's
:41:02. > :41:05.doing, and focus on that. If Democrats, if liberal Republicans
:41:06. > :41:09.who opposed him wanted to feed him, they'd better not lose the signal
:41:10. > :41:12.in the noise. The signal is this guy
:41:13. > :41:14.came out of nowhere, he won the Republican nomination,
:41:15. > :41:18.he won the presidency and he won it by connecting at the gut
:41:19. > :41:20.level with a significant If liberals, liberal
:41:21. > :41:25.Republicans and Democrats, don't figure out their own way
:41:26. > :41:28.to connect up the gut level of those people,
:41:29. > :41:47.we have eight years of this 9am, that's when the Supreme Court
:41:48. > :41:51.give their verdict on the Article 50 case. I suspect we'll be talking
:41:52. > :42:01.about it tomorrow evening. Good night.
:42:02. > :42:07.Good evening. Another wintry night out there. Areas of frost and fog in
:42:08. > :42:11.particular. The fog causing most of the issues. Warnings in force from
:42:12. > :42:12.the Met Office. Most of England and east Wales can be