20/06/2017 Newsnight


20/06/2017

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For 60 years the Queen has been delivering her speech

:00:12.:00:14.

at the opening of Parliament - but has she ever seen

:00:15.:00:16.

A minority government, with no deal and a weakened leader.

:00:17.:00:24.

How can the Government begin to set the agenda

:00:25.:00:27.

Nine years on from the financial crash,

:00:28.:00:41.

Barclays bankers face charges - is this a moment for major public

:00:42.:00:44.

catharsis against those we thought untouchable?

:00:45.:00:53.

And the printed press turning up the dial on Jeremy Corbyn.

:00:54.:00:57.

Did the tabloid propaganda machine misfire, or has

:00:58.:00:59.

We all have to recognise that we don't have a monopoly now.

:01:00.:01:06.

We've got new forces, disruptive forces that

:01:07.:01:08.

are fundamentally changing the media landscape.

:01:09.:01:21.

There is something vaguely absurd about the prospect

:01:22.:01:25.

Perhaps it was the dawning realisation that led to a stripping

:01:26.:01:40.

down of the pomp and ceremony of tomorrow's Queen's Speech. Gone, we

:01:41.:01:44.

now understand, will be elements usually reserved for such occasions.

:01:45.:01:47.

Strangely appropriate, for a government having to moderate its

:01:48.:01:49.

own ambition. The first Queen's Speech

:01:50.:01:51.

after an election is traditionally a time to reassure the people

:01:52.:01:53.

there is a steady hand. A sense of direction,

:01:54.:01:55.

and a parliamentary agenda to be laid out -

:01:56.:01:57.

the product of the nation's vote. We returned a minority government -

:01:58.:02:01.

with as yet no DUP deal - We are revisiting questions

:02:02.:02:08.

about the decisions taken a year ago And we have emerged

:02:09.:02:13.

from the horrific events of recent Our political editor

:02:14.:02:19.

Nick Watt is here for us. We're going to start with the deal,

:02:20.:02:31.

or no Deal, with the DUP? The mood music between them did not look

:02:32.:02:36.

great today. At Stormont, the DUP said the Tories mustn't take them

:02:37.:02:39.

for granted. It feels to me there will be a version of the supply am

:02:40.:02:43.

confident steel, that is not a full coalition, possibly on Thursday this

:02:44.:02:48.

week. As I understand it, the DUP is looking at two core principles. In

:02:49.:02:53.

the first instance, as Unionists, they would like to get games for the

:02:54.:02:58.

United Kingdom as a whole. Maybe deep pension triple lock will

:02:59.:03:01.

survive. In the second place, they want gains for Northern Ireland.

:03:02.:03:05.

Crucially, they are saying this will not be for the DUP, they will be for

:03:06.:03:09.

Northern Ireland as a whole, a big emphasis on building up and

:03:10.:03:13.

improving what they describe as Northern Ireland's creaking

:03:14.:03:18.

infrastructure. Where do you see us on Brexit? The numbers in parliament

:03:19.:03:23.

after the election have moved in a mildly soft Brexit direction. I have

:03:24.:03:27.

been speaking to senior Tories who believe they can stop the government

:03:28.:03:33.

leaving the EU without a deal. They are saying that, if such a scenario

:03:34.:03:37.

is looming, they would be able to pass, they would have the numbers to

:03:38.:03:41.

pass, a very simple amendment to the Repeal Bill, the measure that will

:03:42.:03:45.

convert the body of all EU law into UK law, before the UK decides which

:03:46.:03:50.

bits it wants to get rid of. That amendment would, very simply, they

:03:51.:03:57.

say, cancelled the repeal of the 1972 European Communities Act, which

:03:58.:04:01.

provided the lawful basis for our accession into the EEC, which then

:04:02.:04:08.

became the EU. The idea is this, they want to discourage the

:04:09.:04:12.

Government from going down the no Deal route, by saying in Parliament,

:04:13.:04:15.

could complicate Brexit effectively obliging ministers to go back to the

:04:16.:04:23.

EU and ask for an extension of the article 15 negotiations. Westminster

:04:24.:04:29.

now has a very different feel with a minority government. I have been

:04:30.:04:33.

looking at how tomorrow might pan out.

:04:34.:04:38.

As the UK Basques in glorious sunshine, you could be forgiven for

:04:39.:04:43.

thinking we have stepped back in time. It was for decades ago that

:04:44.:04:48.

Britain experienced a prolonged heatwave and life under a government

:04:49.:04:52.

with a tenuous grip on Parliament. Westminster will be treated to a

:04:53.:04:56.

familiar sight tomorrow, as Her Majesty breaks into Royal Ascot to

:04:57.:05:00.

deliver her delayed Queen's Speech. The pomp and ceremony, slimmed down

:05:01.:05:05.

in the circumstances, will suggest that the ship of state sales on in

:05:06.:05:10.

magisterial style. But this will be a minority government that will have

:05:11.:05:15.

to cut deals to survive. Theresa May had hoped to secure a deal with the

:05:16.:05:19.

DUP by tomorrow. That has still not been agreed, giving a taste of how

:05:20.:05:24.

challenging this parliament will be for the Tories. There is a good

:05:25.:05:27.

chance it will be similar to the 70s, given the government is in a

:05:28.:05:32.

minority. One significant votes, it will need to have a full turnout. It

:05:33.:05:36.

will depend on the measure. Don't forget, the Government is a minority

:05:37.:05:43.

in relation to all other parties, not the opposition. It could be

:05:44.:05:46.

trench warfare in terms of committees, not just on the floor of

:05:47.:05:49.

the house. Labour plans to make life very difficult for the Prime

:05:50.:05:53.

Minister, amid high hopes that a second election may have to be

:05:54.:05:58.

called. Where we have just had a new parliament re-elected and the

:05:59.:06:00.

Conservative manifesto was actually trashed before the election was even

:06:01.:06:05.

over, you wonder why they want to be in power when they don't have a

:06:06.:06:09.

programme. In the end, we have to move forward as a society, with a

:06:10.:06:13.

government that knows what it wants to do, with a programme to make

:06:14.:06:17.

society better, instead of one that is adrift. I think that is the

:06:18.:06:23.

danger, after this election, for the current Conservative government. The

:06:24.:06:26.

Queen will travel along this well trodden route tomorrow, although the

:06:27.:06:28.

day will have a slightly less formal feel about it. His speech will

:06:29.:06:33.

herald a Parliament that will ultimately be defined by Brexit.

:06:34.:06:37.

There will be a series of bills to provide a legal basis for the UK's

:06:38.:06:43.

new life outside the EU. But the election has changed the

:06:44.:06:46.

parliamentary numbers and senior Tories now believe there is a

:06:47.:06:48.

majority to stop a so-called hard Brexit. That is leaving the EU

:06:49.:06:55.

without a deal. The outcome of the election puts tremendous pressure on

:06:56.:06:59.

the Government. Obviously in relation to the actual negotiations

:07:00.:07:03.

themselves, but now in relation to the House of Commons. The pressures

:07:04.:07:11.

its placing on government are twofold, one is in relation to its

:07:12.:07:14.

own supporters, and the other is the House of Commons. To maximise impact

:07:15.:07:17.

it needs to carry the whole house with it. It may need to think about

:07:18.:07:22.

how it achieves that, in terms of keeping the house informed, but also

:07:23.:07:27.

listening to the house. A chastened Theresa May will declare tomorrow

:07:28.:07:31.

she will govern with humility and resolve. In addition to the Brexit

:07:32.:07:35.

legislation, there will be draft bills on domestic violence and

:07:36.:07:39.

tenant fees, designed to attract consensus. The Prime Minister wants

:07:40.:07:44.

to show that, even without a parliamentary majority, she can make

:07:45.:07:47.

a difference. As the Prime Minister said after the election, we got more

:07:48.:07:51.

votes and more seats than anybody else, albeit not the result we

:07:52.:07:55.

wanted. I think it is still a very ambitious Government and there is a

:07:56.:07:58.

lot to get done. Delivering Brexit and also delivering on the domestic

:07:59.:08:02.

agenda, big things that will change peoples lives in a very significant

:08:03.:08:12.

way. Actually, I think there will be quite a lot of consensus in

:08:13.:08:14.

Parliament. Lots of debate about the details, but actually updating

:08:15.:08:16.

mental health legislation, something that I think will have a great deal

:08:17.:08:19.

of sporty consensus. The Queen will be hoping she can return to royal as

:08:20.:08:23.

got after her duties in Parliament. There will be no such relaxation at

:08:24.:08:27.

Westminster. Our once strong and stable Prime Minister will be

:08:28.:08:33.

embarking a dramatic scaling back of her election manifesto in her bid

:08:34.:08:34.

for political survival. Earlier this evening,

:08:35.:08:37.

I spoke to someone who's seen a few Queen's Speeches in his time,

:08:38.:08:39.

the Conservative I asked him what his advice

:08:40.:08:41.

to Theresa May would I think that it's not conceivable

:08:42.:08:44.

that she will lead the Conservatives So I think that the realistic

:08:45.:08:54.

appraisal she has to make is how does she secure the best possible

:08:55.:08:59.

successor for the And that may need a bit

:09:00.:09:01.

of time because two things First of all the who,

:09:02.:09:06.

and there's no obvious choice. Secondly and probably even more

:09:07.:09:13.

important, the what. My guess is general election

:09:14.:09:18.

in the year, 18 months' time, and the period between now and then

:09:19.:09:26.

is going to be dominated by the same issues that have caused the trouble,

:09:27.:09:29.

the continuing austerity In a sense then it doesn't

:09:30.:09:31.

matter what she says, if you think she's not going to be

:09:32.:09:48.

around to implement it or to be I think that the Queen's speech

:09:49.:09:52.

is going to be dominated by the jumbo Brexit Bill

:09:53.:09:58.

and a number of smaller Brexit bills, and everything else

:09:59.:10:00.

will be relatively obscure And if Theresa May goes,

:10:01.:10:02.

does she take her own version I think that the idea of a hard

:10:03.:10:09.

Brexit is not credible. I don't think there is the majority

:10:10.:10:20.

for it in Parliament. We have a split Cabinet,

:10:21.:10:23.

we have a split country. And the opening shot, if you like,

:10:24.:10:26.

yesterday, the first meeting, we lost the argument on the issue

:10:27.:10:33.

of the bill we are We wanted to get on to the trade

:10:34.:10:36.

issues, that are vitally important. The French and the

:10:37.:10:46.

Europeans said no. Do you think Brexit

:10:47.:10:47.

as it stands is dead? In the hard sense that we're

:10:48.:10:56.

going to leave the whole thing and be our own independent sovereign

:10:57.:11:01.

nation, that is simply not the way I think that is very much

:11:02.:11:04.

open to question now. You, sir, are a staunch,

:11:05.:11:16.

unashamed Remainer. There will be many here

:11:17.:11:19.

saying you're just hearing Well, it's not really

:11:20.:11:22.

what I want to hear. Because I'm seeing my

:11:23.:11:31.

country humiliated. You know, though, that a change

:11:32.:11:34.

in leadership would be done by Tory party members

:11:35.:11:36.

and they are overwhelmingly Or do you think that there should

:11:37.:11:38.

be another coronation It would be better if there

:11:39.:11:50.

could be an agreement that wasn't as a consequence

:11:51.:11:54.

of the divisive leadership struggle. Well, the leadership struggle

:11:55.:11:57.

is already beginning. I mean, great protests of unity,

:11:58.:12:10.

we all know the form. But the friends of each

:12:11.:12:13.

of the potential participants are canvassing the House of Commons,

:12:14.:12:17.

looking for support. We are seeing the government,

:12:18.:12:19.

minority government, without yet the support of the DUP,

:12:20.:12:24.

do you think Conservatives are better off with

:12:25.:12:27.

a deal, or without one? I don't think it is relevant,

:12:28.:12:31.

because it won't last long enough Simply the by-election phenomenon,

:12:32.:12:34.

which will start, unavoidably, will reflect public disquiet,

:12:35.:12:44.

which is always there It is a bigger threat than can be

:12:45.:12:46.

met by what looks like a very fragile relationship,

:12:47.:12:51.

if it happens, with the DUP. So is there anything that

:12:52.:12:56.

Theresa May can say tomorrow which would give her the authority

:12:57.:12:59.

to reset the clock and start again? I think it will need

:13:00.:13:05.

a new leader to do that. We did ask the Government

:13:06.:13:09.

for an interview, but they declined. So let's talk to their designated

:13:10.:13:16.

surrogate, Tory MP Chris Philp. Nice to have you here. I suspect

:13:17.:13:25.

there will be a lot of you disagree with in that interview. He painted a

:13:26.:13:31.

picture of a leader on borrowed time? I don't recognise that. There

:13:32.:13:36.

is a lot in Lord Heseltine's comments I disagree with. The two

:13:37.:13:41.

main parties, who got 80% of the vote in the election, both said

:13:42.:13:43.

clearly we are going to leave the European Union, we are going to come

:13:44.:13:46.

out of the customs union and single market. So nothing has to change on

:13:47.:13:51.

the directional Brexit? I don't think so, the two main parties have

:13:52.:13:55.

the same things in their manifesto. Why did your Chancellor today

:13:56.:13:59.

suggest a very different set of priorities? I don't think he did. He

:14:00.:14:03.

said we are leaving the European Union, we are going to be leaving

:14:04.:14:08.

the customs union. He said we would be prioritising the economy in the

:14:09.:14:11.

negotiations. In terms of the free trade deal. There is no change

:14:12.:14:16.

there. If you look at the Lancaster house speech, the Brexit White

:14:17.:14:19.

Paper, it was clear in those documents... Theresa May is going to

:14:20.:14:22.

carry you through a five-year parliament to the next election? You

:14:23.:14:27.

believe that? I haven't got a crystal ball. What is that code for?

:14:28.:14:32.

It is not code for anything. I thought we would vote to Remain and

:14:33.:14:36.

Donald Trump would never become President, so I have given up making

:14:37.:14:41.

political predictions. The 1922 Committee, a week ago, all of my

:14:42.:14:47.

parliamentary colleagues, 320 of us, were cheering the Prime Minister,

:14:48.:14:50.

coming back, having beaten the Labour Party by 60 seats and 1

:14:51.:14:54.

million votes. We are all firmly behind her. Do you agree the

:14:55.:14:58.

manifesto has been ditched and something has to be much more

:14:59.:14:59.

consensual? I am quite excited for what we can

:15:00.:15:09.

do with that country in the coming years especially helping those on

:15:10.:15:13.

low income and those just about managing. So in the manifesto, in

:15:14.:15:17.

the Queen's Speech I expect confirmation that are going to keep

:15:18.:15:21.

on putting up the minimum wage and raised tax threshold to help those

:15:22.:15:27.

on lower incomes. And police cuts? We've already said that we will

:15:28.:15:32.

protect police budgets. That is different, police funding is the end

:15:33.:15:35.

to specific police cuts which have been going ahead, which we are now

:15:36.:15:39.

hearing will not be taken. So the police budget is to be protected and

:15:40.:15:46.

has been pretty years. There was a proposal to change the way it was

:15:47.:15:51.

allocated between different regions. Will it change direction, we heard a

:15:52.:15:54.

lot of things like she will not come for free school meals for children,

:15:55.:15:59.

or takeaway much-needed funding for police on the front line of terror.

:16:00.:16:04.

I think the message is to learn from the election. But on the terror

:16:05.:16:11.

funding, we are spending ?2 billion extra on anti-terrorism. That was

:16:12.:16:14.

announced a year ago so there is more money going into that. Where

:16:15.:16:20.

are we now with the DUP, you heard Lord Heseltine said was irrelevant

:16:21.:16:23.

because there simply will not be a government for long. I simply do not

:16:24.:16:29.

agree, last week I saw three and interviewed my colleagues

:16:30.:16:31.

enthusiastically supporting the government. Just on the DUP

:16:32.:16:35.

specifically? The deal has not been reached and the government and Prime

:16:36.:16:41.

Ministers have been busy this week with Brexit negotiations and that

:16:42.:16:43.

terrible fire. I'm confident that there will be an agreement reached.

:16:44.:16:47.

And you look forward to that? I think there will be a sensible

:16:48.:16:52.

arrangement. They do not want to see Jeremy Corbyn running the country

:16:53.:16:56.

any more than will -- than we do. Of course it would be a confidence and

:16:57.:17:01.

supply arrangement. Does it make you got going into government with the

:17:02.:17:06.

DUP? It is not the coalition, it is a confident and supply arrangement.

:17:07.:17:12.

And I think that will happen. And we will deliver things like the energy

:17:13.:17:18.

cap to help ordinary families, extra for the NHS and school. Thank you

:17:19.:17:20.

very much. Back to that delayed deal

:17:21.:17:22.

between the Tories and the DUP. In Northern Irish politics the past

:17:23.:17:24.

is rarely another country, and that can make for some uneasy

:17:25.:17:27.

alliances - the DUP as a party come to the table

:17:28.:17:29.

with a fair amount of baggage. John Sweeney has been taking

:17:30.:17:32.

a closer look at who they are, Northern Ireland is part

:17:33.:17:35.

of the United Kingdom but some of what happens here is quite

:17:36.:17:57.

different to what goes It is the preparations

:17:58.:18:01.

for a bloody good bonfire, to celebrate the victory

:18:02.:18:09.

of a Protestant king against a Catholic King,

:18:10.:18:11.

in the 17th century. Theresa May's government

:18:12.:18:20.

cannot survive long without the support of ten MPs

:18:21.:18:23.

from the Democratic Unionist Party. The DUP was founded by the late

:18:24.:18:27.

Reverend Ian Paisley in 1971 when both sides of the sectarian

:18:28.:18:33.

divide reached for their guns. And this the late

:18:34.:18:40.

Martin McGuinness - once the chief of staff -

:18:41.:18:46.

and much later, Northern Ireland's And this was Gregory Campbell,

:18:47.:18:49.

with his legally held revolver. Today he is one

:18:50.:18:57.

of the DUP's ten MPs. You either be killed

:18:58.:19:01.

by them, or kill them. Sam McBride reports

:19:02.:19:03.

for the main loyalist newspaper There is no sense that the DUP

:19:04.:19:13.

is anywhere near as closely aligned to loyalist paramilitaries

:19:14.:19:22.

as Sinn Fein would I think the relationship

:19:23.:19:24.

between the DUP and loyalist paramilitaries or those who are very

:19:25.:19:27.

close to loyalist paramilitaries But because Number Ten needs

:19:28.:19:29.

the DUP, the spotlight is fiercely In particular the Ulster Defence

:19:30.:19:35.

Association, the UDA. Banned in 1992 but still

:19:36.:19:43.

very much in business. The troubles are over, but

:19:44.:19:49.

the killing is not ancient history. Late last month a man

:19:50.:19:52.

called Colin Horner, who people said was an activist

:19:53.:19:54.

in the UDA, took his little boy shopping

:19:55.:19:57.

in the Sainsbury's behind me. Shopping done, the little boy

:19:58.:20:00.

was in the car when a man came up It is believed this is an internal

:20:01.:20:04.

power struggle in the UDA. A few days later, Arlene Foster,

:20:05.:20:09.

the leader of the DUP, meets Jackie McDonald,

:20:10.:20:13.

who many people believe is the effective leader of the UDA

:20:14.:20:16.

in Northern Ireland. So at its most charitable,

:20:17.:20:21.

this does not look good for the DUP, or the people

:20:22.:20:24.

they are negotiating with. Arlene Foster was at her

:20:25.:20:30.

feisty best when tackled about the paramilitaries

:20:31.:20:35.

during the election. We condemn utterly the murder

:20:36.:20:39.

that occurred on Sunday. Such a horrific murder

:20:40.:20:43.

in front of a child, who will never be able

:20:44.:20:45.

to get over that. That will stay with that child

:20:46.:20:48.

for the rest of his young life. Just to be clear, that the UDA,

:20:49.:20:52.

the UVF and every paramilitary organisation should be

:20:53.:20:55.

out of existence. Did you say that to Jackie McDonald

:20:56.:20:59.

yesterday when you met him? I had no need to say

:21:00.:21:02.

it to Jackie McDonald. Jackie McDonald knows my views

:21:03.:21:04.

very, very clearly. If people want to move away

:21:05.:21:07.

from criminality, from terrorism, But anyone who is engaged in this

:21:08.:21:09.

sort of activity should stop, should desist, and if they don't,

:21:10.:21:16.

they should be open Alistair Ross was a DUP Minister

:21:17.:21:19.

in the Northern Ireland I can understand why that

:21:20.:21:27.

reception looked pretty bad, but of course many politicians

:21:28.:21:36.

in all parties are working with people in difficult

:21:37.:21:38.

to reach communities. And actually most of the last ten

:21:39.:21:40.

years has been a criticism of politicians for not engaging

:21:41.:21:43.

with people and trying to move them Just before the election,

:21:44.:21:46.

the Loyalist Communities Council, widely held to speak for the UDA,

:21:47.:21:54.

the UVF and the Red Hand commando, issued a statement, calling

:21:55.:21:58.

for every unionist to vote for three Nigel Dodds, Gavin Robinson,

:21:59.:22:00.

and Emma Little-Pengelly. The DUP told Newsnight

:22:01.:22:10.

that the party had rejected the endorsement, and that applied

:22:11.:22:15.

to the three MPs. Did these MPs, did they say, no

:22:16.:22:21.

thank you, we don't want your help? I think Emma Little-Pengelly

:22:22.:22:24.

actually posted something on Facebook just after

:22:25.:22:27.

the endorsement where she certainly wasn't saying that she welcomed it,

:22:28.:22:30.

but there was an implicit acceptance of it where she was effectively

:22:31.:22:36.

saying that just as loyalists have a past, it doesn't mean

:22:37.:22:38.

they shouldn't have a future. She was I suppose giving a nod

:22:39.:22:44.

and a wink to those people that she accepted their endorsement,

:22:45.:22:48.

she wasn't going to Other DUP figures in other parts

:22:49.:22:50.

of Northern Ireland were not so happy with it and were very keen

:22:51.:22:53.

to get out there that really I want to thank the people

:22:54.:22:57.

of Taughmonagh... In her victory speech,

:22:58.:23:01.

Little-Pengelly thanked specific Starting with Taughmonagh,

:23:02.:23:03.

which so happens to be the home turf This is an incredible day

:23:04.:23:09.

for unionism in south Belfast. This is the future

:23:10.:23:15.

of Northern Ireland. Behind me there they are putting

:23:16.:23:25.

together wind turbines. But we have just spoken

:23:26.:23:28.

to somebody whose words take us He is a Protestant who has been

:23:29.:23:30.

a victim of UDA violence, and he says the UDA and the DUP

:23:31.:23:37.

are far too close. He says he has seen with his

:23:38.:23:43.

own eyes the UDA get Because he was afraid

:23:44.:23:45.

of what might happen to him In Northern Ireland both sides

:23:46.:23:54.

in politics know people But only one side is going to keep

:23:55.:24:03.

Theresa May in power. We have just finished a meeting

:24:04.:24:09.

with the British Prime Minister And we told her very directly

:24:10.:24:15.

that she was in breach Will fringe elements of the IRA keep

:24:16.:24:20.

sitting on their hands? The bad news is that the marching

:24:21.:24:32.

season is about to start and the nationalist hard man

:24:33.:24:34.

who secured peace, Newsnight asked the DUP

:24:35.:24:37.

about this allegation. A spokesperson said that there can

:24:38.:24:48.

be no place for any paramilitary And it is easier for unnamed sources

:24:49.:24:51.

to make allegations than to present We asked for an interview

:24:52.:24:56.

with the three DUP MPs endorsed Britain's Serious Fraud Office has

:24:57.:25:02.

defied critics who accuse it of failing to pursue those

:25:03.:25:10.

at the top by criminally charging Barclays and four

:25:11.:25:12.

former senior managers. The charges were over

:25:13.:25:16.

undisclosed Barclays payments to Qatari Investors during emergency

:25:17.:25:20.

fundraising in 2008 that allowed the bank to turn down a state

:25:21.:25:23.

bailout at the height The move surprised many -

:25:24.:25:25.

and of course there have as yet been no convictions -

:25:26.:25:32.

but it may be a defining cathartic moment for those who believed

:25:33.:25:36.

the big were too big to fail - Once the public's lust for justice

:25:37.:25:39.

was carried out in Execution Dock Today a commemorative

:25:40.:25:49.

gallows swings within sight There an industry that has in recent

:25:50.:25:56.

years certainly felt the scorching But this is a different kind

:25:57.:26:02.

of public spectacle. The Serious Fraud Office has charged

:26:03.:26:07.

Barclays and four of its former The charges relate to ?12 billion

:26:08.:26:10.

in emergency funds raised by the bank from Qatari investors

:26:11.:26:16.

in the midst of The seriousness of it comes

:26:17.:26:19.

about for two reasons. One is the seniority

:26:20.:26:27.

of the people who now, for them, unfortunately find themselves

:26:28.:26:29.

in the dock. And secondly, because the SFO has

:26:30.:26:31.

chosen to charge Barclays itself as a corporate entity

:26:32.:26:34.

with a criminal offence. And I cannot think of another

:26:35.:26:35.

example where the Serious Fraud Office has brought criminal charges

:26:36.:26:38.

against a household and global household name like it

:26:39.:26:41.

has in this instance. The bank and four former Barclays

:26:42.:26:49.

executives face charges of conspiracy to commit fraud

:26:50.:26:52.

by false representation relating to a first

:26:53.:27:05.

deal in June 2008. The bank and former chief

:27:06.:27:07.

executive John Varley as well as Roger Jenkins,

:27:08.:27:11.

a key deal-maker, face the same charge relating to another

:27:12.:27:13.

October 2008 fundraising. They are also charged

:27:14.:27:15.

with what is called unlawful Fraud by false representation refers

:27:16.:27:17.

to ?322 million paid to Qatar for The allegation is that these

:27:18.:27:27.

payments were not all But for some the issue goes

:27:28.:27:31.

beyond a simple disclosure one. Fundamentally the issue

:27:32.:27:39.

is not one of disclosure, And a criminal charge of fraud

:27:40.:27:41.

by way of misrepresentation requires the prosecution,

:27:42.:27:50.

the SFO, to show that those it says acted wrongly,

:27:51.:27:52.

acted in a dishonest fashion. It is the element of dishonesty that

:27:53.:27:57.

moves this from a regulatory investigation conducted,

:27:58.:27:59.

for example, by the Financial Conduct Authority,

:28:00.:28:01.

into a criminal prosecution. The second charges is unlawful

:28:02.:28:16.

financial assistance. That alleges that Barclays

:28:17.:28:21.

in November 2008 lent And in doing so Barclays effectively

:28:22.:28:22.

provided some of the funds The most damning part of this

:28:23.:28:26.

is the financial assistance. So if you look at the companies act

:28:27.:28:30.

2006, what you find is a section there which says that a company

:28:31.:28:33.

cannot lend money to another financial vehicle company and that

:28:34.:28:36.

other companies then buys the shares So this is what was

:28:37.:28:39.

allegedly happening here. Where Barclays was giving money

:28:40.:28:45.

to a Qatari investment vehicle, and that vehicle was then buying

:28:46.:28:48.

shares of Barclays Now, this is problematic because it

:28:49.:28:50.

dilutes the capital base of the first company and if things

:28:51.:29:03.

go wrong, both of the companies The irony is that thanks to this

:29:04.:29:06.

deal, Barclays did not need public money when its peers

:29:07.:29:10.

were bailed out. And these charges have nothing

:29:11.:29:12.

at all to do with the causes As much as anything

:29:13.:29:14.

Barclays' old hard charging And the lengths it was prepared

:29:15.:29:17.

to go to to avoid public ownership. Andre Spicer did some work

:29:18.:29:24.

with Barclays around changing its culture

:29:25.:29:27.

following the crisis. I guess the step is showing

:29:28.:29:33.

that they are able to hold The big danger, which has

:29:34.:29:36.

happened now, is the banks seem to have said yes,

:29:37.:29:40.

we have de-risked our business, yes, we have become more ethical, yes,

:29:41.:29:42.

we have got these lovely posters which show us how caring

:29:43.:29:45.

and kind they are. But have they really

:29:46.:29:47.

change their culture internally? Or are we beginning to see some

:29:48.:29:54.

of the bad practices seep back in? And are we just going to see a sort

:29:55.:29:58.

of repeat of some of the problems The Barclays of today is keen to put

:29:59.:30:02.

the Qatar fundraising behind it. The bank said it is considering its

:30:03.:30:06.

position in relation to the charges. Mr Jenkins and another executive,

:30:07.:30:09.

Richard Both, said they contest Mr Varley and the fourth executive

:30:10.:30:12.

have yet to comment. They will appear in

:30:13.:30:15.

court on July the 3rd. Now, since the Grenfell fire last

:30:16.:30:21.

week, we have been looking at the role that the new cladding

:30:22.:30:23.

around the building may have played. Yesterday we reported that local

:30:24.:30:26.

councils had been asked by the Government to report back

:30:27.:30:28.

on the status of high rise Our Policy Editor Chris Cook

:30:29.:30:31.

is here with the latest on that. Where are we? The news is, as you

:30:32.:30:46.

say, we had the Government had asked local authorities to investigate

:30:47.:30:52.

their own blocks and housing associations. They asked them to

:30:53.:30:55.

send any samples of aluminium cladding they had to make sure it

:30:56.:31:01.

was not the sort of cladding we saw at Grenfell, aluminium cladding with

:31:02.:31:05.

a plastic cork, that was not the better, more fireproof cladding.

:31:06.:31:10.

Actually, the situation might be better than we feared last week. We

:31:11.:31:14.

know that in Scotland they have not found any, through their own

:31:15.:31:17.

processes, nor in Northern Ireland. We know in Birmingham, Leeds,

:31:18.:31:22.

restore, Wolverhampton, we have not found any. Manchester have almost

:31:23.:31:26.

finished their audit and have not found any. There were five blocks in

:31:27.:31:29.

Newcastle, where they were sending samples. There were 13 in Camden in

:31:30.:31:34.

London, three in new and three in barn, sending samples to test to see

:31:35.:31:42.

whether it is dangerous or not. They have already had the results back?

:31:43.:31:46.

The sending of samples is reassuring? Well, we haven't had the

:31:47.:31:55.

samples back. Only in the case of Barnett do we think it is the

:31:56.:32:01.

dangerous plastic cladding. That is the only case where we think there

:32:02.:32:03.

is prior reason to believe that is the case. Even in those cases, they

:32:04.:32:08.

are installed in a different way, they are surrounded by more

:32:09.:32:11.

fireproof material than was used at Grenfell and they have regular fire

:32:12.:32:15.

breaking. Even if something went wrong, it should hopefully be

:32:16.:32:18.

better. I appreciate if you live in one of these blocks, it is worrying

:32:19.:32:23.

and frightening. We have a picture of a quite troubling fire from

:32:24.:32:29.

Camden from 2012. As you can see, a pensioner's flat got absolutely

:32:30.:32:32.

gutted. This is in one of the blocks of flats where Camden has sent

:32:33.:32:38.

material to be tested at the government laboratory. I don't know

:32:39.:32:43.

if you saw that picture, the window was scorched, but it didn't spread,

:32:44.:32:47.

it was contained. Even these flats that have the aluminium cladding,

:32:48.:32:51.

they may be fine. Reassuring. Thank you very much.

:32:52.:32:58.

The day the Sun newspaper went full anti-Corbyn and splashed COR-BIN

:32:59.:33:03.

across it's front page there were - anecdotally - reports

:33:04.:33:06.

Copies of the paper picked up not by those who agreed with it -

:33:07.:33:10.

but by a whole younger crowd collecting them to set them

:33:11.:33:13.

In years to come,this election may come to be

:33:14.:33:16.

The point at which the old media - all of us - lost our power.

:33:17.:33:21.

Younger voters relied on their newsfeeds,

:33:22.:33:24.

full of stories that older generations simply werent seeing.

:33:25.:33:30.

So are the days when it was The Sun What Won it truly over?

:33:31.:33:33.

The BBC's media editor Amol Rajan reports.

:33:34.:33:48.

As you may have noticed, Theresa May wasn't returned

:33:49.:33:52.

to Downing Street with a thumping majority on June the 9th,

:33:53.:33:56.

despite all the warnings about the alternative

:33:57.:33:57.

from what we still call Fleet Street.

:33:58.:33:59.

We've had enough of Jezza's rubbish, vote Tory!

:34:00.:34:06.

Britain's newspapers aren't used to being defied.

:34:07.:34:08.

Once upon a time, when the papers spoke, the country listened.

:34:09.:34:12.

If Kinnock wins today, will the last person to leave

:34:13.:34:14.

We don't want to influence you in your final judgment

:34:15.:34:21.

on who will be Prime Minister, but if it's a bald bloke with wispy

:34:22.:34:24.

red hair and two Ks in his surname, we'll see you at the airport!

:34:25.:34:29.

Or, at least of the country appeared to have listened,

:34:30.:34:31.

But, news just in, print titles aren't the political power

:34:32.:34:38.

I have to hand it to Kelvin MacKenzie.

:34:39.:34:46.

Back in 92 he said, will the last person turn the lights off

:34:47.:34:49.

and essentially claimed all the credit for the Conservative

:34:50.:34:51.

In fact, that was probably the high point of influence of newspapers.

:34:52.:35:00.

There were other factors, they just got overwhelmed

:35:01.:35:02.

I think since then, relatively speaking,

:35:03.:35:07.

newspapers' influence has certainly declined.

:35:08.:35:11.

It's not irrelevant, but other voices, as you say,

:35:12.:35:14.

in a fragmented media landscape, have become more important.

:35:15.:35:22.

There is unanimous agreement that, with declining circulations

:35:23.:35:24.

and the shift to online, newspapers are weaker

:35:25.:35:25.

They don't have an overall majority at this stage.

:35:26.:35:29.

But perhaps the election of June 2017 was a turning point

:35:30.:35:31.

Going into the campaign, Theresa May generally received

:35:32.:35:37.

fawning coverage of a kind her predecessors could only dream of,

:35:38.:35:40.

while Jeremy Corbyn was pilloried as an anachronistic idealist.

:35:41.:35:43.

Revealed: Corbyn's manifesto to take Britain back to 1970s!

:35:44.:35:53.

And yet, for the first time in perhaps four decades,

:35:54.:35:56.

the likes of Rupert Murdoch and Lord Rothermere did not get

:35:57.:35:58.

the result they wanted, even though the PM was reinstalled

:35:59.:36:01.

Stephen, do you think Fleet Street underestimated Jeremy Corbyn?

:36:02.:36:04.

Yes, there is no doubt that they did.

:36:05.:36:06.

Not just Fleet Street, I mean half of the Labour Party

:36:07.:36:08.

most of the Tory party, most of the chattering

:36:09.:36:11.

Yet at one of the haunts favoured by hacks in years gone by,

:36:12.:36:21.

Stephen Glover of the Daily Mail warns that the influence

:36:22.:36:24.

I think people are often, particularly on the left,

:36:25.:36:27.

in danger of exaggerating the power of the right-wing press,

:36:28.:36:29.

as though the right-wing press decide the outcome of elections.

:36:30.:36:32.

If you look back to the 1990s, when Blair was courting

:36:33.:36:36.

The Sun and Rupert Murdoch, and in those days The Sun

:36:37.:36:39.

was selling twice as many copies as it does now.

:36:40.:36:42.

Well, I think that The Sun was following Blair as much

:36:43.:36:45.

as Blair was The Sun, and The Sun knew that some change

:36:46.:36:48.

was going on in society and it felt it from its readers.

:36:49.:36:51.

Like the Mail, the Daily Telegraph has historically been intimate

:36:52.:36:57.

Its editor argues that Jeremy Corbyn got the coverage he deserved.

:36:58.:37:02.

We were surprised that Mrs May didn't win a majority,

:37:03.:37:05.

We endorsed her because she was closest to our values.

:37:06.:37:10.

That's not to say that our support was unqualified.

:37:11.:37:12.

We said throughout the campaign that she should have talked

:37:13.:37:14.

I think it was a failure not to do so, they have a strong

:37:15.:37:19.

record on the economy, a good story to tell, they didn't.

:37:20.:37:22.

Interestingly, the failure to do that did help Corbyn.

:37:23.:37:27.

I think you can look at things like Facebook and say,

:37:28.:37:30.

when you got a message such as Corbyn's, where you are making

:37:31.:37:33.

specific offers, to specific interest groups of more money,

:37:34.:37:35.

it's possible that people who use Facebook only find the bit

:37:36.:37:38.

that relates to them, the offer of more money

:37:39.:37:40.

for their particular interest groups, and they don't see

:37:41.:37:42.

the overarching narrative that if we were to try

:37:43.:37:44.

and deliver all that money, then we would soon become Venezuela.

:37:45.:37:51.

# We've had enough of broken promises...

:37:52.:38:00.

August titles like the Telegraph and Mail have to reckon

:38:01.:38:02.

In an industrial park off the Old Kent Road in London,

:38:03.:38:07.

not far from Peckham, Labour Party member Aaron Bastani

:38:08.:38:10.

has, together with fellow comrades, launched Novara Media,

:38:11.:38:12.

a left-wing antidote to what he sees as the prevailing

:38:13.:38:14.

So, Labour have just increased their share of the vote by 9%.

:38:15.:38:23.

This marks a watershed moment for the modern Labour Party.

:38:24.:38:26.

I call myself a libertarian communist.

:38:27.:38:29.

I've also called myself a fully automated luxury communist.

:38:30.:38:32.

People that own newspapers and, sadly, many people that write

:38:33.:38:35.

for those same newspapers simply don't understand how

:38:36.:38:37.

difficult life is for so many in 21st-century Britain.

:38:38.:38:41.

The likes of Novara harness the viral power of Facebook

:38:42.:38:43.

in particular to advance an unfiltered worldview.

:38:44.:38:47.

But are they hacks in the traditional sense?

:38:48.:38:49.

Aren't you in danger of not really being a journalist,

:38:50.:38:52.

but being either an activist or a propagandist?

:38:53.:38:56.

I wear those commitments very publicly.

:38:57.:39:00.

I think, actually, far more journalists in Britain

:39:01.:39:02.

are politically committed than they dare admit.

:39:03.:39:04.

The point is, I'm honest and open about it.

:39:05.:39:06.

I think the challenge for many people in the media

:39:07.:39:14.

print and broadcast, is to be very clear and open

:39:15.:39:17.

?10,000 and you can essentially have a TV channel

:39:18.:39:22.

Whether you are Novara Media, whether you are The Financial Times

:39:23.:39:29.

What I'd say to anybody watching this is, go out and do it yourself.

:39:30.:39:35.

Let them come forth and bring forth their blogs.

:39:36.:39:38.

As Mirror editor Lloyd Embley points out, national papers do themselves

:39:39.:39:43.

I think it is a watershed in some respects.

:39:44.:39:47.

But I think it's wrong to suggest that Fleet Street can't and doesn't

:39:48.:39:51.

The Mirror has always supported Labour, but last year even

:39:52.:39:54.

they stuck the proverbial boot into Corbyn.

:39:55.:39:56.

Go! Now!

:39:57.:39:59.

In the context of the problem that he was having with the MPs

:40:00.:40:02.

and his Parliamentary Labour Party, at that point, we felt

:40:03.:40:04.

that it was so disruptive that it would not be beneficial

:40:05.:40:07.

But, at the time, that was the basis for what we said.

:40:08.:40:17.

The Mirror and Corbyn have now made up.

:40:18.:40:24.

The deputy editor of another title that warmed to Corbyn

:40:25.:40:26.

acknowledges that his canny use of new alternative media was key.

:40:27.:40:29.

You can put stuff out there, unmediated.

:40:30.:40:30.

Also, you don't have to give up access in exchange

:40:31.:40:33.

for the size of your audience, which was always the trade-off that

:40:34.:40:36.

a left-wing politician had to make before.

:40:37.:40:37.

They had to say, OK, The Sun are probably going to be

:40:38.:40:40.

quite hostile to me, but I need to reach their readers.

:40:41.:40:43.

Actually, they found a way now, I think Jeremy Corbyn's Facebook

:40:44.:40:45.

page has got 1.1 million likes on it, to reach a tabloid sized

:40:46.:40:49.

audience without having to go through those editorial hoops.

:40:50.:40:51.

Before you pronounce print's influence dead,

:40:52.:40:53.

it's worth bearing in mind the Tory manifesto acceded to many

:40:54.:40:55.

And let's not forget the outcome of another big vote recently.

:40:56.:40:59.

Your country needs you! Vote leave today!

:41:00.:41:03.

In terms of the influence of the press, I think

:41:04.:41:05.

that is probably the most significant example in recent times

:41:06.:41:08.

of where the printed press did have an influence.

:41:09.:41:11.

If there is a broad dividing line in British media, it is that

:41:12.:41:16.

print is for the old and online is for the young.

:41:17.:41:19.

Ever since I been a journalist, newspapers have always wanted

:41:20.:41:27.

to appeal to the young, and they've always failed.

:41:28.:41:30.

When they do try to strain to hard towards younger readers,

:41:31.:41:32.

they find that younger readers don't buy them, because many young

:41:33.:41:35.

people aren't interested in buying printed newspapers.

:41:36.:41:37.

They also disenchant their existing readers.

:41:38.:41:38.

If we all say the world is completely atomised,

:41:39.:41:40.

I think that's what newspapers, great newspapers have always done.

:41:41.:41:46.

They've had a strong sense of community.

:41:47.:41:50.

We all have to recognise that we don't have a monopoly now.

:41:51.:41:53.

We've got new forces, disruptive forces, are have

:41:54.:41:55.

fundamentally changing the media landscape.

:41:56.:42:05.

Whether the next generation cares about what the papers

:42:06.:42:07.

But they are breaking and remaking news as we know it.

:42:08.:42:12.

So, will the last person to leave Fleet Street please

:42:13.:42:15.

That is it for tonight. As Glastonbury approaches, we leave you

:42:16.:42:28.

with this charming bit of nepotism from Dave Grohl, who promoted his

:42:29.:42:35.

daughter, Harper, in front of 20,000 people.

:42:36.:42:40.

# Playing in the street, going to be a big man Sunday

:42:41.:42:51.

# You've got mud on your face # You big disgrace

:42:52.:42:55.

# Kicking your can all over the place

:42:56.:42:55.

# We will, we Will rock you! Very good evening to you. Many parts

:42:56.:43:19.

of the country had a beautiful day today, particularly in the

:43:20.:43:20.

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