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areas of the country. At Ten, Fiona will be here with a | :00:00. | :00:00. | |
round-up of the day's news, first it's time for NewsWatch. | :00:00. | :00:10. | |
Hello and welcome to Newswatch with me, Samira Ahmed. | :00:11. | :00:12. | |
The Chancellor's Autumn Statement contained some good news and some | :00:13. | :00:15. | |
bad news about the prospects for the UK economy, but did the BBC | :00:16. | :00:18. | |
accentuate the negative and blame too much of it on Brexit? | :00:19. | :00:21. | |
And left out in the rain - was it really necessary for this | :00:22. | :00:24. | |
First, Nigel Farage and Donald Trump have both made considerable waves | :00:25. | :00:33. | |
in the news this year and this week they did so again in tandem. | :00:34. | :00:39. | |
The now interim Ukip leader joined a rally held by the President-elect | :00:40. | :00:41. | |
over the summer and was the first British politician to visit him | :00:42. | :00:45. | |
And on Monday came this - a tweet from Mr Trump, | :00:46. | :00:50. | |
saying that "many people would like to see Mr Farage | :00:51. | :00:54. | |
become British Ambassador to the United States. | :00:55. | :00:56. | |
The British government swiftly made it clear that there was no vacancy | :00:57. | :01:02. | |
for that position, but the proposal was still extensively | :01:03. | :01:04. | |
Some people felt that given the position of British ambassador | :01:05. | :01:10. | |
isn't in the gift of the US president, the story gained more | :01:11. | :01:13. | |
I was increasingly frustrated on Tuesday by the prominence given | :01:14. | :01:22. | |
on the BBC News and elsewhere to Donald Trump's extraordinary | :01:23. | :01:27. | |
tweets suggesting Nigel Farage would make a good ambassador to the USA. | :01:28. | :01:31. | |
And all of it missed the point in my view. | :01:32. | :01:34. | |
We don't do government by Twitter and we certainly don't use social | :01:35. | :01:37. | |
Downing Street on Monday night had said how ludicrous it was, | :01:38. | :01:47. | |
and yet the BBC on Tuesday seemed to be leading on it all the time. | :01:48. | :01:53. | |
Trump had also made other pronouncements, including this idea | :01:54. | :01:57. | |
that he was going to withdraw from the Pacific trade agreement. | :01:58. | :02:02. | |
That really is important, much more so than Mr Farage. | :02:03. | :02:08. | |
I wish the BBC would be a little less parochial in its editorial | :02:09. | :02:13. | |
decisions and take the wider sweep that it used to take, | :02:14. | :02:20. | |
Now, when the history of 2016 is written, the term "Brexit" - | :02:21. | :02:28. | |
already chosen by one dictionary as its word of the year - | :02:29. | :02:30. | |
will undoubtedly feature prominently. | :02:31. | :02:32. | |
One area where the actual and potential consequences of June's | :02:33. | :02:37. | |
vote have been much discussed is that of the economy. | :02:38. | :02:40. | |
Much of course is disputed here, but it seems pretty clear | :02:41. | :02:43. | |
that the decision to leave the European Union has led to a fall | :02:44. | :02:46. | |
in the value of the pound, as highlighted last month | :02:47. | :02:49. | |
by the BBC's economics editor, Kemal Ahmed. | :02:50. | :02:51. | |
It's certainly been a rocky ride for the pound. | :02:52. | :02:55. | |
Here's the beginning of the month, when the pound was valued at $1.30, | :02:56. | :02:59. | |
but it began to fall after Theresa May suggested Britain | :03:00. | :03:03. | |
would not only be leaving the European Union, but the EU | :03:04. | :03:08. | |
free market as well, which many economists | :03:09. | :03:11. | |
see as a poor option, and then on Friday the flash crash, | :03:12. | :03:14. | |
down to $1.14, as automatic computer trading drove down the price. | :03:15. | :03:18. | |
The extent to which that fall is a good or bad thing | :03:19. | :03:24. | |
is the subject of strong debate, and some viewers have told us | :03:25. | :03:27. | |
they think BBC News has misrepresented its effects. | :03:28. | :03:30. | |
This week, in the build-up to the Chancellor's Autumn Statement, | :03:31. | :03:55. | |
On the News Channel's Outside Source on Monday, business editor | :03:56. | :03:59. | |
Simon Jack articulated one of the questions being asked | :04:00. | :04:02. | |
What happens on the morning after we leave the European Union? | :04:03. | :04:09. | |
Because once you've triggered the process, you've got two years. | :04:10. | :04:11. | |
If you haven't got some things in place by then | :04:12. | :04:14. | |
are you going to fall off into this regulatory and trading no man's | :04:15. | :04:19. | |
land, this cliff edge that some people are talking about? | :04:20. | :04:21. | |
And on Wednesday's News at Ten, after Philip Hammond had | :04:22. | :04:24. | |
delivered his statement in the House of Commons, there was no mistaking | :04:25. | :04:28. | |
the link between the state of the UK's finances | :04:29. | :04:31. | |
The Chancellor has delivered his Autumn Statement, praising | :04:32. | :04:39. | |
the resilience of the British economy, but the scale | :04:40. | :04:44. | |
of the challenge with the Brexit process ahead became clear | :04:45. | :04:47. | |
Slower growth, higher inflation, weaker tax receipts | :04:48. | :04:51. | |
Mary Thomas spoke for a number of viewers when she e-mailed her | :04:52. | :04:57. | |
thoughts on the BBC's recent economic coverage. | :04:58. | :05:16. | |
And Tom Morris-Jones agreed, writing... | :05:17. | :05:44. | |
Well, Simon Jack has come to the Newswatch studio to address | :05:45. | :05:47. | |
Everything does seem to be happening through the prism of Brexit. | :05:48. | :05:53. | |
Is that fair, given that we don't know how it's going to happen? | :05:54. | :05:57. | |
That's interesting, because as one of your last correspondents wrote, | :05:58. | :06:00. | |
there are lots of factors that affect the economy, | :06:01. | :06:02. | |
interest rates, jobless numbers, those kinds of things - | :06:03. | :06:05. | |
those kinds of things happen all the time. | :06:06. | :06:08. | |
But I don't think we can ignore the fact we've got one new massive | :06:09. | :06:11. | |
variable here to think about, and that is what's going to happen | :06:12. | :06:14. | |
when we leave the European Union, and I think if I look | :06:15. | :06:18. | |
through the Autumn Statement coverage the BBC did this week, | :06:19. | :06:23. | |
we're looking at numbers that the last time we got | :06:24. | :06:25. | |
the financial watchdog to have a look at the economy | :06:26. | :06:28. | |
We look at it now in November post-Brexit. | :06:29. | :06:31. | |
Well, the vote to leave the European Union. | :06:32. | :06:34. | |
So I think it's not surprising that people were looking to see | :06:35. | :06:37. | |
what has changed in the view of the independent watchdog | :06:38. | :06:40. | |
And so we focused a little bit on that, saying what did | :06:41. | :06:44. | |
they think the economic picture looked like then, | :06:45. | :06:46. | |
and what do we think it looks like now. | :06:47. | :06:48. | |
As it happens the OBR thinks the economic outlook | :06:49. | :06:51. | |
This is an independent watchdog appointed by the government, | :06:52. | :06:56. | |
which the Chancellor himself has to respond to. | :06:57. | :06:59. | |
If that forecast is going to impact tax and spending decisions, | :07:00. | :07:02. | |
what he actually decides to do, then we have a duty to report on it | :07:03. | :07:06. | |
and in those numbers they said they thought that the impact | :07:07. | :07:10. | |
That's the number we have to report, because that's the number | :07:11. | :07:17. | |
that's going to affect what the Chancellor actually does. | :07:18. | :07:19. | |
Everyone agrees that the pound has fallen sharply since | :07:20. | :07:21. | |
Some viewers are saying, have the BBC focused too much | :07:22. | :07:25. | |
I think there might be fair criticism in a sense, | :07:26. | :07:30. | |
Lots of people did think the pound was overvalued, | :07:31. | :07:35. | |
a lot of economists thought it was a bit high against | :07:36. | :07:38. | |
the dollar and the euro, and this is a good thing. | :07:39. | :07:40. | |
Having said that, for most people, we all go abroad a little bit every | :07:41. | :07:44. | |
day when we buy stuff in the shops, and the fact is we import | :07:45. | :07:47. | |
more than we export, and that means the stuff coming | :07:48. | :07:50. | |
into the country is going to get that bit more expensive, | :07:51. | :07:52. | |
so the cost of living is going to rise. | :07:53. | :07:54. | |
I would say you look at things like the trade deficit | :07:55. | :07:57. | |
and balance of payments, what most people care | :07:58. | :08:00. | |
about is the cost of what they do when they go shopping, | :08:01. | :08:03. | |
So by focusing on that I think we are focusing on the thing most | :08:04. | :08:07. | |
relevant to people's lives, the thing they'll notice first. | :08:08. | :08:09. | |
I think it's legitimate to look at that. | :08:10. | :08:11. | |
I would accept there is some positive news | :08:12. | :08:13. | |
In fact, just today, as we are speaking, we've got some | :08:14. | :08:17. | |
numbers that actually exports in the last month actually went up, | :08:18. | :08:20. | |
so there are positive benefits and we do report them, | :08:21. | :08:23. | |
but we have to take a judgment on which we think are the most | :08:24. | :08:26. | |
When it comes to inflation we think that's it. | :08:27. | :08:29. | |
Is there a tendency to emphasise bad news? | :08:30. | :08:31. | |
Not paying off that debt as fast as hoped? | :08:32. | :08:33. | |
The OBR saying wages are going to stagnate badly, | :08:34. | :08:35. | |
Think on the Autumn Statement when we had those forecasts. | :08:36. | :08:40. | |
There were lots of gloom around those economic forecasts | :08:41. | :08:42. | |
and we had to report that, because that's what the body | :08:43. | :08:44. | |
the government has to respond to actually said. | :08:45. | :08:46. | |
But what I would say is even in my own reporting I've stood | :08:47. | :08:50. | |
outside the factory gates at Nissan, we've reported on Facebook, | :08:51. | :08:55. | |
on Google, all of whom have made big economic investments | :08:56. | :08:59. | |
All of those stories ran either at the top or very high on the Six | :09:00. | :09:06. | |
and Ten O'Clock News and had prime locations on our website. | :09:07. | :09:09. | |
If I can return to the OBR forecasts for a minute, | :09:10. | :09:12. | |
I think what we made very clear is this is not fact, | :09:13. | :09:17. | |
this is not predicting the future - these are forecasts - | :09:18. | :09:20. | |
and my colleague Laura Kuenssberg, our political editor, | :09:21. | :09:23. | |
These are just forecasts, they might be wrong. | :09:24. | :09:26. | |
But a body of experts has been charged with coming up with its best | :09:27. | :09:30. | |
guess as to what's going to happen and the Chancellor has | :09:31. | :09:32. | |
to respond to it, and that's what they came up with. | :09:33. | :09:35. | |
Experts, so this is the issue, isn't it? | :09:36. | :09:37. | |
You have to rely on them to make forecasts and explain what may lie | :09:38. | :09:40. | |
ahead, but we all know they get it wrong sometimes. | :09:41. | :09:43. | |
They got it wrong with saying Britain would be better off | :09:44. | :09:45. | |
Does the BBC need to rethink how it uses what experts say? | :09:46. | :09:50. | |
This has been a massive issue, hasn't it? | :09:51. | :09:52. | |
We've all had enough of experts, said some politicians. | :09:53. | :09:54. | |
I think you have to listen to what some of the most esteemed | :09:55. | :10:00. | |
people in any profession say about something, | :10:01. | :10:01. | |
and one of the things we struggled with in the run up and after Brexit | :10:02. | :10:05. | |
was what kind of balance do we give to different opinions and experts, | :10:06. | :10:11. | |
and what the wrong thing to do is to try and achieve false balance. | :10:12. | :10:14. | |
So for example we were very clear that the weight of economic | :10:15. | :10:17. | |
and business opinion, by and large, was actually in favour of remain. | :10:18. | :10:21. | |
The balance was not even, and we had to report | :10:22. | :10:26. | |
what the real weight of opinion was on the weigh-in. | :10:27. | :10:29. | |
Finally there was some very bad weather around in the early part | :10:30. | :10:35. | |
of the week and that had an impact on an item | :10:36. | :10:37. | |
Gareth Southgate was being interviewed for the post of England | :10:38. | :10:41. | |
manager at the Football Association headquarters and viewer | :10:42. | :10:44. | |
I was interested in this particular topic. | :10:45. | :10:50. | |
I soon found my interest had completely evaporated | :10:51. | :10:56. | |
because I was more concerned at the conditions the poor | :10:57. | :10:58. | |
There's no announcement expected today, or indeed by | :10:59. | :11:03. | |
To me, there were reasonable opportunities for shelter, | :11:04. | :11:09. | |
but he stood there in the teeming rain, the rain running | :11:10. | :11:13. | |
down his face, running down his brow, dripping off his nose | :11:14. | :11:16. | |
and I completely forgot and was distracted | :11:17. | :11:17. | |
from the main topic, that is the selection of the England | :11:18. | :11:20. | |
Health and safety, the welfare and comfort of the journalists seem | :11:21. | :11:29. | |
to be completely overridden, so come on, BBC, you can | :11:30. | :11:31. | |
We need to find you an umbrella, thank you very much for joining us. | :11:32. | :11:38. | |
Thank you for that and for all your comments this week. | :11:39. | :11:40. | |
Please do contact us with your opinions on BBC News | :11:41. | :11:43. | |
and current affairs by telephone, on... | :11:44. | :11:48. | |
Do have a look at our website for previous discussions. | :11:49. | :11:57. | |
We'll be back to hear your thoughts about BBC News coverage | :11:58. | :12:04. |