:01:22. > :01:23.I'm Arif Ansari - coming up in the I'm Arif Ansari - coming up in the
:01:23. > :01:24.North West: Blue-sky thinking or North West: Blue-sky thinking or
:01:24. > :01:25.heading for turbulence? heading for turbulence?
:01:25. > :01:26.heading for turbulence? heading for turbulence?
:01:26. > :01:27.How taxpayers here stand to win - or How taxpayers here stand to win - or
:01:27. > :01:37.How taxpayers here stand to win - or How taxpayers here stand to win - or
:01:37. > :01:37.
:01:37. > :38:18.Apology for the loss of subtitles for 2200 seconds
:38:18. > :38:19.lose - from the takeover of Stansted North West: Blues go thinking or
:38:19. > :38:19.North West: Blues go thinking or North West: Blues go thinking or
:38:19. > :38:22.heading for problems? How taxpayers heading for problems? How taxpayers
:38:22. > :38:22.heading for problems? How taxpayers heading for problems? How taxpayers
:38:22. > :38:26.here stand to win or lose from the here stand to win or lose from the
:38:26. > :38:27.takeover of Stansted Airport. takeover of Stansted Airport.
:38:27. > :38:29.takeover of Stansted Airport. Manchester Airports Group may have a
:38:29. > :38:30.Manchester Airports Group may have a Manchester Airports Group may have a
:38:30. > :38:31.Manchester Airports Group may have a very big stake in a very important
:38:31. > :38:35.very big stake in a very important piece of strategic national
:38:35. > :38:36.piece of strategic national infrastructure. Preparing for
:38:36. > :38:38.infrastructure. Preparing for infrastructure. Preparing for
:38:38. > :38:39.takeoff with me as Louise Ellman, takeoff with me as Louise Ellman,
:38:39. > :38:41.takeoff with me as Louise Ellman, the Labour MP for Liverpool
:38:41. > :38:42.the Labour MP for Liverpool the Labour MP for Liverpool
:38:42. > :38:42.Riverside and the Conservative Euro Riverside and the Conservative Euro
:38:42. > :38:46.Riverside and the Conservative Euro MP Sajjad Karim, representing the
:38:46. > :38:46.MP Sajjad Karim, representing the MP Sajjad Karim, representing the
:38:46. > :38:47.MP Sajjad Karim, representing the North West. Welcome. It has been a
:38:47. > :38:50.North West. Welcome. It has been a North West. Welcome. It has been a
:38:50. > :38:53.North West. Welcome. It has been a big week with the bi- in Eastleigh.
:38:53. > :38:54.big week with the bi- in Eastleigh. big week with the bi- in Eastleigh.
:38:54. > :38:55.Sajjad, you must be disappointed Sajjad, you must be disappointed
:38:55. > :38:56.Sajjad, you must be disappointed because the Conservatives managed to
:38:56. > :39:00.because the Conservatives managed to because the Conservatives managed to
:39:00. > :39:01.because the Conservatives managed to come third in a two horse race.
:39:01. > :39:01.come third in a two horse race. come third in a two horse race.
:39:01. > :39:03.come third in a two horse race. it is a mid-term protest vote quite
:39:03. > :39:04.it is a mid-term protest vote quite it is a mid-term protest vote quite
:39:04. > :39:06.clearly that has taken place. UKIP clearly that has taken place. UKIP
:39:06. > :39:07.clearly that has taken place. UKIP have moved into second place based
:39:07. > :39:08.have moved into second place based have moved into second place based
:39:08. > :39:09.have moved into second place based on people 's feelings and are really
:39:09. > :39:10.on people 's feelings and are really on people 's feelings and are really
:39:10. > :39:12.as an antipolitics protest that has as an antipolitics protest that has
:39:12. > :39:12.as an antipolitics protest that has as an antipolitics protest that has
:39:13. > :39:17.taken place. The Lib Dems won. They taken place. The Lib Dems won. They
:39:17. > :39:18.taken place. The Lib Dems won. They taken place. The Lib Dems won. They
:39:18. > :39:18.held onto the seat. At the start of held onto the seat. At the start of
:39:18. > :39:19.held onto the seat. At the start of the campaign the Conservatives were
:39:19. > :39:21.the campaign the Conservatives were the campaign the Conservatives were
:39:21. > :39:23.the campaign the Conservatives were in the lead in the opinion polls.
:39:23. > :39:23.in the lead in the opinion polls. in the lead in the opinion polls.
:39:23. > :39:25.in the lead in the opinion polls. You have not only managed to come
:39:25. > :39:26.You have not only managed to come You have not only managed to come
:39:26. > :39:28.second, but actually third. That is second, but actually third. That is
:39:28. > :39:31.second, but actually third. That is second, but actually third. That is
:39:31. > :39:32.a big problem for your party. a big problem for your party.
:39:32. > :39:34.a big problem for your party. post-poll polling that we have
:39:34. > :39:35.post-poll polling that we have post-poll polling that we have
:39:35. > :39:36.available to us clearly shows that available to us clearly shows that
:39:36. > :39:38.available to us clearly shows that had this been a general election,
:39:38. > :39:39.had this been a general election, people would have voted
:39:39. > :39:41.people would have voted people would have voted
:39:41. > :39:42.Conservative, so the protest issue Conservative, so the protest issue
:39:42. > :39:43.Conservative, so the protest issue Conservative, so the protest issue
:39:43. > :39:45.is there. We know what has actually is there. We know what has actually
:39:45. > :39:46.is there. We know what has actually is there. We know what has actually
:39:46. > :39:46.happened in the election and it is a happened in the election and it is a
:39:46. > :39:49.happened in the election and it is a real calamity for the Conservative
:39:49. > :39:50.real calamity for the Conservative real calamity for the Conservative
:39:50. > :39:51.party. This is a conservative Lib party. This is a conservative Lib
:39:51. > :39:53.party. This is a conservative Lib Dem marginal and the Conservatives
:39:53. > :39:54.Dem marginal and the Conservatives Dem marginal and the Conservatives
:39:54. > :39:55.Dem marginal and the Conservatives should have won it. The good news
:39:55. > :39:56.should have won it. The good news should have won it. The good news
:39:56. > :39:57.should have won it. The good news for the Lib Dems is that it has
:39:57. > :39:58.for the Lib Dems is that it has for the Lib Dems is that it has
:39:58. > :39:59.proven they are more resilient than proven they are more resilient than
:39:59. > :40:01.proven they are more resilient than proven they are more resilient than
:40:01. > :40:03.some believed they were. They had a some believed they were. They had a
:40:03. > :40:05.stronghold in Eastleigh, the stronghold in Eastleigh, the
:40:05. > :40:06.stronghold in Eastleigh, the Conservatives could not one but the
:40:06. > :40:07.Conservatives could not one but the Conservatives could not one but the
:40:07. > :40:08.Conservatives could not one but the rise of UKIP in that election will
:40:08. > :40:09.rise of UKIP in that election will rise of UKIP in that election will
:40:09. > :40:10.cause more problems for the cause more problems for the
:40:10. > :40:14.Conservative party and divisions Conservative party and divisions
:40:14. > :40:14.Conservative party and divisions within that party, particularly in
:40:14. > :40:15.within that party, particularly in within that party, particularly in
:40:15. > :40:17.within that party, particularly in relation to Europe. And no sign of
:40:17. > :40:18.relation to Europe. And no sign of relation to Europe. And no sign of
:40:18. > :40:21.the Labour recovery? They were never the Labour recovery? They were never
:40:21. > :40:22.the Labour recovery? They were never the Labour recovery? They were never
:40:22. > :40:23.in that by-election. It was always a in that by-election. It was always a
:40:23. > :40:24.in that by-election. It was always a in that by-election. It was always a
:40:24. > :40:25.race between the Tories and the Lib race between the Tories and the Lib
:40:25. > :40:26.race between the Tories and the Lib race between the Tories and the Lib
:40:26. > :40:28.Dems, but it turned out to be Dems, but it turned out to be
:40:28. > :40:29.Dems, but it turned out to be Dems, but it turned out to be
:40:29. > :40:32.between the Lib Dems and UKIP. between the Lib Dems and UKIP.
:40:32. > :40:32.between the Lib Dems and UKIP. have never been allowed to look
:40:33. > :40:35.have never been allowed to look have never been allowed to look
:40:35. > :40:37.inside Shell's research centre near inside Shell's research centre near
:40:37. > :40:38.inside Shell's research centre near Ellesmere Port until now. That is
:40:38. > :40:42.Ellesmere Port until now. That is Ellesmere Port until now. That is
:40:42. > :40:43.because Shell is moving out handing because Shell is moving out handing
:40:43. > :40:44.because Shell is moving out handing over its technology Centre to
:40:44. > :40:45.over its technology Centre to Chester University and science
:40:45. > :40:46.Chester University and science Chester University and science
:40:46. > :40:47.Chester University and science students. We will be talking to the
:40:47. > :40:49.students. We will be talking to the Universities and Science Minister
:40:49. > :40:51.Universities and Science Minister David Willetts shortly.
:40:51. > :40:53.David Willetts shortly. David Willetts shortly.
:40:53. > :40:54.Racing ahead of the competition, Racing ahead of the competition,
:40:54. > :40:55.Racing ahead of the competition, fuel for Ferrari's Formula one team
:40:55. > :40:56.fuel for Ferrari's Formula one team fuel for Ferrari's Formula one team
:40:56. > :40:56.fuel for Ferrari's Formula one team is developed on the site. Now the
:40:56. > :40:57.is developed on the site. Now the is developed on the site. Now the
:40:57. > :40:58.is developed on the site. Now the is developed on the site. Now the
:40:58. > :41:00.centre is going to be home to a new centre is going to be home to a new
:41:00. > :41:01.centre is going to be home to a new generation of scientists. If we want
:41:01. > :41:02.generation of scientists. If we want generation of scientists. If we want
:41:02. > :41:07.generation of scientists. If we want to set up the facilities which are
:41:07. > :41:07.to set up the facilities which are to set up the facilities which are
:41:07. > :41:11.being offered, it would cost being offered, it would cost
:41:11. > :41:12.being offered, it would cost hundreds of millions of pounds.
:41:12. > :41:13.hundreds of millions of pounds. hundreds of millions of pounds.
:41:13. > :41:14.is hoped local car manufacturers is hoped local car manufacturers
:41:14. > :41:17.is hoped local car manufacturers like Bentley, and Vauxhall will
:41:17. > :41:18.like Bentley, and Vauxhall will like Bentley, and Vauxhall will
:41:18. > :41:21.benefit. They have an opportunity to benefit. They have an opportunity to
:41:21. > :41:24.benefit. They have an opportunity to do something special. They can work
:41:24. > :41:26.do something special. They can work alongside special organisations and
:41:26. > :41:30.alongside special organisations and alongside special organisations and
:41:30. > :41:30.make the north-west of England a make the north-west of England a
:41:30. > :41:32.make the north-west of England a place to invest in for
:41:32. > :41:33.place to invest in for place to invest in for
:41:33. > :41:36.manufacturing. But after 75 years, manufacturing. But after 75 years,
:41:36. > :41:37.manufacturing. But after 75 years, Shell is leaving Cheshire.
:41:37. > :41:39.Shell is leaving Cheshire. Shell is leaving Cheshire.
:41:39. > :41:40.Shell is leaving Cheshire. million have been spent on the war
:41:40. > :41:43.million have been spent on the war million have been spent on the war
:41:43. > :41:44.million have been spent on the war on a new petroleum site. Around 300
:41:44. > :41:45.on a new petroleum site. Around 300 on a new petroleum site. Around 300
:41:45. > :41:46.MPs are being located, some abroad. MPs are being located, some abroad.
:41:47. > :41:47.MPs are being located, some abroad. MPs are being located, some abroad.
:41:47. > :41:50.The government was on hand as the The government was on hand as the
:41:50. > :41:52.The government was on hand as the centre was handed over. Last month
:41:52. > :41:53.centre was handed over. Last month centre was handed over. Last month
:41:53. > :41:55.the government invested �30 million the government invested �30 million
:41:55. > :41:57.the government invested �30 million at this innovation compass. This
:41:57. > :41:58.at this innovation compass. This at this innovation compass. This
:41:58. > :41:59.latest deal further boost the future latest deal further boost the future
:41:59. > :42:01.of scientific research and of scientific research and
:42:01. > :42:02.of scientific research and development in the region. Hopefully
:42:02. > :42:03.development in the region. Hopefully development in the region. Hopefully
:42:03. > :42:05.development in the region. Hopefully this is the beginning of a sustained
:42:05. > :42:07.this is the beginning of a sustained this is the beginning of a sustained
:42:07. > :42:09.period of increased investment. But period of increased investment. But
:42:09. > :42:09.period of increased investment. But period of increased investment. But
:42:09. > :42:10.beyond that for the whole of the beyond that for the whole of the
:42:10. > :42:14.beyond that for the whole of the industry that the chemical area
:42:14. > :42:15.industry that the chemical area industry that the chemical area
:42:15. > :42:16.serves. This area may now feel serves. This area may now feel
:42:16. > :42:20.serves. This area may now feel reassured. The new centre opens over
:42:20. > :42:22.reassured. The new centre opens over the next 18 months.
:42:22. > :42:23.the next 18 months. the next 18 months.
:42:23. > :42:24.After the announcement I spoke to After the announcement I spoke to
:42:24. > :42:24.After the announcement I spoke to David Willetts, the Minister for
:42:24. > :42:25.David Willetts, the Minister for David Willetts, the Minister for
:42:25. > :42:26.Universities and Science and asked Universities and Science and asked
:42:26. > :42:28.Universities and Science and asked Universities and Science and asked
:42:28. > :42:29.him what is the importance of the him what is the importance of the
:42:29. > :42:30.him what is the importance of the deal. The nightmare scenario would
:42:30. > :42:31.deal. The nightmare scenario would deal. The nightmare scenario would
:42:31. > :42:33.deal. The nightmare scenario would have been that this place would have
:42:33. > :42:34.have been that this place would have have been that this place would have
:42:34. > :42:36.been lost to the north-west, instead been lost to the north-west, instead
:42:36. > :42:37.been lost to the north-west, instead the University of Chester has
:42:37. > :42:37.the University of Chester has the University of Chester has
:42:37. > :42:38.stepped in, backed with government stepped in, backed with government
:42:38. > :42:39.stepped in, backed with government stepped in, backed with government
:42:39. > :42:41.money, and they are going to run it money, and they are going to run it
:42:41. > :42:42.money, and they are going to run it money, and they are going to run it
:42:42. > :42:44.and it will be a facility for them and it will be a facility for them
:42:44. > :42:45.and it will be a facility for them and it will be a facility for them
:42:45. > :42:47.as they expand their sciences and it as they expand their sciences and it
:42:47. > :42:48.as they expand their sciences and it will have small companies across the
:42:48. > :42:49.will have small companies across the will have small companies across the
:42:49. > :42:50.north-west able to locate here. It north-west able to locate here. It
:42:50. > :42:52.north-west able to locate here. It will be a research facility that
:42:52. > :42:53.will be a research facility that will be a research facility that
:42:53. > :42:55.other companies can turn to for other companies can turn to for
:42:55. > :42:57.other companies can turn to for particular projects. It will be a
:42:57. > :42:58.particular projects. It will be a particular projects. It will be a
:42:58. > :42:59.place for open innovation that will place for open innovation that will
:42:59. > :43:01.place for open innovation that will contribute to the economy of the
:43:01. > :43:02.contribute to the economy of the contribute to the economy of the
:43:02. > :43:04.north-west. Is it not worrying north-west. Is it not worrying
:43:04. > :43:06.north-west. Is it not worrying however, that Shell wanted to leave
:43:06. > :43:07.however, that Shell wanted to leave however, that Shell wanted to leave
:43:07. > :43:08.this research site in the first this research site in the first
:43:08. > :43:09.this research site in the first this research site in the first
:43:09. > :43:10.place? Obviously it is a centre that place? Obviously it is a centre that
:43:10. > :43:11.place? Obviously it is a centre that will be charming scientist out and
:43:11. > :43:15.will be charming scientist out and will be charming scientist out and
:43:15. > :43:16.will be charming scientist out and will be charming scientist out and
:43:16. > :43:17.they need jobs to go to. There is a they need jobs to go to. There is a
:43:17. > :43:18.they need jobs to go to. There is a big change happening around the
:43:18. > :43:21.big change happening around the world. Increasingly large companies
:43:21. > :43:22.world. Increasingly large companies world. Increasingly large companies
:43:22. > :43:24.want fewer big research and want fewer big research and
:43:24. > :43:25.development facilities and house. development facilities and house.
:43:25. > :43:26.development facilities and house. development facilities and house.
:43:26. > :43:27.They are instead looking to a more They are instead looking to a more
:43:27. > :43:28.They are instead looking to a more They are instead looking to a more
:43:28. > :43:30.open system. This is the future and open system. This is the future and
:43:30. > :43:30.open system. This is the future and open system. This is the future and
:43:30. > :43:31.there are going to be many people there are going to be many people
:43:31. > :43:32.there are going to be many people working here and the University of
:43:32. > :43:34.working here and the University of working here and the University of
:43:34. > :43:35.Chester will not just be training Chester will not just be training
:43:35. > :43:36.Chester will not just be training Chester will not just be training
:43:36. > :43:39.the students, I am sure there will the students, I am sure there will
:43:39. > :43:40.the students, I am sure there will be companies based here with a
:43:40. > :43:41.be companies based here with a long-term employment prospect for
:43:41. > :43:42.long-term employment prospect for long-term employment prospect for
:43:42. > :43:44.graduates of the University of graduates of the University of
:43:44. > :43:45.graduates of the University of Chester and elsewhere. So we should
:43:45. > :43:46.Chester and elsewhere. So we should Chester and elsewhere. So we should
:43:46. > :43:48.Chester and elsewhere. So we should -- so we should not be worried that
:43:48. > :43:49.-- so we should not be worried that -- so we should not be worried that
:43:49. > :43:51.Shell is relocating? We must accept Shell is relocating? We must accept
:43:51. > :43:53.Shell is relocating? We must accept that big companies change their
:43:53. > :43:54.that big companies change their that big companies change their
:43:54. > :43:55.plans. Big companies are often plans. Big companies are often
:43:55. > :43:58.plans. Big companies are often moving away from having largely
:43:58. > :43:58.moving away from having largely moving away from having largely
:43:58. > :43:59.search facilities. We will not stop search facilities. We will not stop
:43:59. > :44:01.search facilities. We will not stop search facilities. We will not stop
:44:01. > :44:02.that. What he can do is be that. What he can do is be
:44:02. > :44:03.that. What he can do is be imaginative and ensure that the
:44:03. > :44:04.imaginative and ensure that the imaginative and ensure that the
:44:04. > :44:05.imaginative and ensure that the future is as good as the past, that
:44:05. > :44:07.future is as good as the past, that future is as good as the past, that
:44:07. > :44:08.future is as good as the past, that is what we are doing. If this kind
:44:08. > :44:09.is what we are doing. If this kind is what we are doing. If this kind
:44:09. > :44:11.is what we are doing. If this kind of centre is as important as you
:44:11. > :44:12.of centre is as important as you of centre is as important as you
:44:12. > :44:13.have described, should we not be have described, should we not be
:44:13. > :44:14.have described, should we not be have described, should we not be
:44:14. > :44:15.building it ourselves as part of the building it ourselves as part of the
:44:15. > :44:16.building it ourselves as part of the government, as opposed to waiting
:44:16. > :44:16.government, as opposed to waiting government, as opposed to waiting
:44:16. > :44:18.for companies like Shell to provide for companies like Shell to provide
:44:18. > :44:21.for companies like Shell to provide through their own generosity?
:44:21. > :44:22.through their own generosity? through their own generosity?
:44:22. > :44:23.through their own generosity? is a role for government and what we
:44:23. > :44:25.is a role for government and what we is a role for government and what we
:44:25. > :44:26.is a role for government and what we have announced in the last year is a
:44:26. > :44:27.have announced in the last year is a have announced in the last year is a
:44:27. > :44:29.have announced in the last year is a funding scheme in which we put some
:44:29. > :44:31.funding scheme in which we put some funding scheme in which we put some
:44:31. > :44:32.money and for new research and money and for new research and
:44:32. > :44:34.development facilities on university development facilities on university
:44:34. > :44:35.development facilities on university campuses, but the universities have
:44:35. > :44:35.campuses, but the universities have campuses, but the universities have
:44:36. > :44:37.to find commercial partners who to find commercial partners who
:44:37. > :44:39.to find commercial partners who to find commercial partners who
:44:39. > :44:40.invest twice as much and we have invest twice as much and we have
:44:40. > :44:41.invest twice as much and we have invest twice as much and we have
:44:41. > :44:42.already got �1 billion of new art already got �1 billion of new art
:44:42. > :44:43.already got �1 billion of new art and the research facilities climb up
:44:43. > :44:44.and the research facilities climb up and the research facilities climb up
:44:44. > :44:46.and the research facilities climb up and down the country and that one
:44:46. > :44:48.and down the country and that one and down the country and that one
:44:48. > :44:49.single scheme. We do need government single scheme. We do need government
:44:49. > :44:52.support to universities working support to universities working
:44:52. > :44:53.support to universities working alongside business and instead of
:44:53. > :44:55.alongside business and instead of alongside business and instead of
:44:55. > :44:56.having the kind of academics in having the kind of academics in
:44:56. > :44:57.having the kind of academics in their ivory towers detached from
:44:57. > :45:00.their ivory towers detached from commercial reality, we see
:45:00. > :45:01.commercial reality, we see university and business working
:45:01. > :45:02.university and business working university and business working
:45:02. > :45:03.together on a high-tech project and together on a high-tech project and
:45:03. > :45:04.together on a high-tech project and together on a high-tech project and
:45:04. > :45:05.projects in the future. That is what projects in the future. That is what
:45:05. > :45:05.projects in the future. That is what projects in the future. That is what
:45:05. > :45:10.we are seeing here and across the we are seeing here and across the
:45:10. > :45:12.country. Thank you, David. country. Thank you, David.
:45:12. > :45:15.country. Thank you, David. Obviously this is great for Chester
:45:15. > :45:17.Obviously this is great for Chester Obviously this is great for Chester
:45:17. > :45:17.University, but as David Willetts University, but as David Willetts
:45:17. > :45:19.University, but as David Willetts correct that this is entirely good
:45:19. > :45:20.correct that this is entirely good correct that this is entirely good
:45:20. > :45:21.correct that this is entirely good news, or should we be concerned that
:45:21. > :45:21.news, or should we be concerned that news, or should we be concerned that
:45:22. > :45:23.news, or should we be concerned that Shell has moved out and the first
:45:23. > :45:25.Shell has moved out and the first Shell has moved out and the first
:45:25. > :45:27.Shell has moved out and the first place? We have to be concerned when
:45:27. > :45:27.place? We have to be concerned when place? We have to be concerned when
:45:27. > :45:31.major companies to move out, but major companies to move out, but
:45:31. > :45:32.developing that link between developing that link between
:45:32. > :45:35.science, the universities and science, the universities and
:45:35. > :45:36.science, the universities and business is absolutely essential for
:45:36. > :45:37.business is absolutely essential for business is absolutely essential for
:45:37. > :45:39.the north-west and then they passed the north-west and then they passed
:45:39. > :45:40.the Northwest development agency the Northwest development agency
:45:40. > :45:41.the Northwest development agency work to develop another local campus
:45:41. > :45:43.work to develop another local campus work to develop another local campus
:45:43. > :45:44.work to develop another local campus and we do not have that agency now
:45:44. > :45:45.and we do not have that agency now and we do not have that agency now
:45:45. > :45:47.and we do not have that agency now and it is important that there are
:45:47. > :45:48.and it is important that there are and it is important that there are
:45:48. > :45:49.mines and much these scientific mines and much these scientific
:45:49. > :45:53.mines and much these scientific benefits to the city can be
:45:53. > :45:53.benefits to the city can be benefits to the city can be
:45:54. > :45:55.translated. That these will insure a translated. That these will insure a
:45:55. > :45:59.translated. That these will insure a prosperous future for us. It is
:45:59. > :46:00.prosperous future for us. It is prosperous future for us. It is
:46:00. > :46:02.happening more now and we are happening more now and we are
:46:02. > :46:05.happening more now and we are starting to see improvements. So
:46:05. > :46:05.starting to see improvements. So starting to see improvements. So
:46:05. > :46:07.much research has concentrated on much research has concentrated on
:46:07. > :46:07.much research has concentrated on London, Cambridge and Oxford and we
:46:07. > :46:08.London, Cambridge and Oxford and we London, Cambridge and Oxford and we
:46:08. > :46:09.London, Cambridge and Oxford and we must develop what we have here and
:46:09. > :46:11.must develop what we have here and must develop what we have here and
:46:11. > :46:11.must develop what we have here and this region. It is our strength but
:46:11. > :46:13.this region. It is our strength but this region. It is our strength but
:46:13. > :46:14.this region. It is our strength but we must build on it and make sure
:46:14. > :46:17.we must build on it and make sure we must build on it and make sure
:46:17. > :46:18.we must build on it and make sure that we do not lose these expertise.
:46:18. > :46:19.that we do not lose these expertise. that we do not lose these expertise.
:46:19. > :46:20.that we do not lose these expertise. Do you think the government is doing
:46:20. > :46:20.Do you think the government is doing Do you think the government is doing
:46:20. > :46:22.Do you think the government is doing all it can to make those kind of
:46:22. > :46:24.all it can to make those kind of all it can to make those kind of
:46:24. > :46:25.changes that Louise refers to? changes that Louise refers to?
:46:25. > :46:28.changes that Louise refers to? have a clear demonstration here of
:46:28. > :46:28.have a clear demonstration here of have a clear demonstration here of
:46:28. > :46:29.the government working closely, both the government working closely, both
:46:29. > :46:31.the government working closely, both with industry and our education
:46:31. > :46:32.with industry and our education with industry and our education
:46:32. > :46:34.with industry and our education sector. In the north-west one of the
:46:34. > :46:35.sector. In the north-west one of the sector. In the north-west one of the
:46:35. > :46:36.biggest pool factors that we have biggest pool factors that we have
:46:36. > :46:38.biggest pool factors that we have biggest pool factors that we have
:46:38. > :46:39.for people wanting to come and carry for people wanting to come and carry
:46:39. > :46:41.for people wanting to come and carry out business activities as the bees
:46:41. > :46:42.out business activities as the bees search and development facilities
:46:42. > :46:43.search and development facilities search and development facilities
:46:43. > :46:44.that are available is. Our that are available is. Our
:46:44. > :46:48.that are available is. Our universities have played a huge role
:46:48. > :46:48.universities have played a huge role universities have played a huge role
:46:48. > :46:49.in developing that and the in developing that and the
:46:49. > :46:50.north-west. What Chester University north-west. What Chester University
:46:50. > :46:51.north-west. What Chester University north-west. What Chester University
:46:51. > :46:53.has done here really is a huge step has done here really is a huge step
:46:53. > :46:54.has done here really is a huge step has done here really is a huge step
:46:54. > :46:55.forward. We will never be in a forward. We will never be in a
:46:55. > :46:55.forward. We will never be in a forward. We will never be in a
:46:55. > :46:56.position where we can simply say we position where we can simply say we
:46:56. > :46:57.position where we can simply say we position where we can simply say we
:46:57. > :46:58.will stop the likes of Shell moving will stop the likes of Shell moving
:46:58. > :46:59.will stop the likes of Shell moving in accordance with global partners.
:46:59. > :47:00.in accordance with global partners. in accordance with global partners.
:47:00. > :47:03.in accordance with global partners. What we must do is that when a
:47:03. > :47:03.What we must do is that when a What we must do is that when a
:47:04. > :47:04.company does make that decision, we company does make that decision, we
:47:04. > :47:06.company does make that decision, we react and bring together all the
:47:06. > :47:07.react and bring together all the react and bring together all the
:47:07. > :47:09.partners involved to deliver the partners involved to deliver the
:47:09. > :47:10.partners involved to deliver the services that we need. Surely we
:47:10. > :47:11.services that we need. Surely we services that we need. Surely we
:47:11. > :47:13.services that we need. Surely we should be in a position where they
:47:13. > :47:14.should be in a position where they should be in a position where they
:47:14. > :47:16.want to stay and believe that want to stay and believe that
:47:16. > :47:16.want to stay and believe that Britain is ready should be based?
:47:16. > :47:19.Britain is ready should be based? Britain is ready should be based?
:47:19. > :47:20.Britain is ready should be based? Britain is ready should be based?
:47:20. > :47:21.The point I make you is this, one of The point I make you is this, one of
:47:21. > :47:22.The point I make you is this, one of the most prominent questions at the
:47:22. > :47:23.the most prominent questions at the the most prominent questions at the
:47:23. > :47:24.forefront at the means of businesses forefront at the means of businesses
:47:24. > :47:29.forefront at the means of businesses forefront at the means of businesses
:47:29. > :47:30.who want to find a new location to who want to find a new location to
:47:30. > :47:31.who want to find a new location to establish themselves, when I go out
:47:31. > :47:32.establish themselves, when I go out establish themselves, when I go out
:47:32. > :47:33.and I meet with companies and I meet with companies
:47:33. > :47:35.and I meet with companies internationally and try to sell the
:47:35. > :47:35.internationally and try to sell the internationally and try to sell the
:47:35. > :47:37.north-west to them, invariably one north-west to them, invariably one
:47:37. > :47:39.north-west to them, invariably one north-west to them, invariably one
:47:39. > :47:39.of the questions they had for me as, of the questions they had for me as,
:47:39. > :47:40.of the questions they had for me as, " what are universities like? What
:47:40. > :47:42." what are universities like? What " what are universities like? What
:47:42. > :47:43.sort of the search and development sort of the search and development
:47:44. > :47:44.sort of the search and development sort of the search and development
:47:44. > :47:45.while we have? " Today I have while we have? " Today I have
:47:45. > :47:46.while we have? " Today I have while we have? " Today I have
:47:46. > :47:47.another facility that I can put to another facility that I can put to
:47:48. > :47:49.another facility that I can put to them that is a massive selling
:47:49. > :47:50.them that is a massive selling them that is a massive selling
:47:50. > :47:52.them that is a massive selling point. It is important to have those
:47:52. > :47:53.point. It is important to have those point. It is important to have those
:47:53. > :47:53.facilities. And Liverpool we have facilities. And Liverpool we have
:47:53. > :47:55.facilities. And Liverpool we have the science and innovation Park.
:47:55. > :47:57.the science and innovation Park. the science and innovation Park.
:47:57. > :47:58.That expertise and knowledge has to That expertise and knowledge has to
:47:58. > :48:00.be translated into employment be translated into employment
:48:00. > :48:01.be translated into employment opportunities. That means we have to
:48:01. > :48:02.opportunities. That means we have to opportunities. That means we have to
:48:02. > :48:03.have the correct sort of finance have the correct sort of finance
:48:03. > :48:04.have the correct sort of finance available to set up and develop
:48:04. > :48:05.available to set up and develop available to set up and develop
:48:05. > :48:08.businesses and the correct premises businesses and the correct premises
:48:08. > :48:08.businesses and the correct premises businesses and the correct premises
:48:08. > :48:10.on which they can operate. Part of on which they can operate. Part of
:48:10. > :48:14.on which they can operate. Part of on which they can operate. Part of
:48:14. > :48:15.this is about developing a way in this is about developing a way in
:48:15. > :48:17.this is about developing a way in which developing companies can move
:48:17. > :48:20.which developing companies can move which developing companies can move
:48:20. > :48:21.which developing companies can move into and grow. I am sorry that we
:48:21. > :48:23.into and grow. I am sorry that we into and grow. I am sorry that we
:48:23. > :48:24.into and grow. I am sorry that we have let people down in the past. We
:48:24. > :48:25.have let people down in the past. We have let people down in the past. We
:48:25. > :48:27.must find new ways of supporting must find new ways of supporting
:48:27. > :48:28.must find new ways of supporting innovation and businesses with the
:48:28. > :48:31.innovation and businesses with the innovation and businesses with the
:48:31. > :48:32.correct kind of premises and finance.
:48:32. > :48:33.finance. finance.
:48:33. > :48:34.finance. Many of us may have jetted off on
:48:34. > :48:35.Many of us may have jetted off on Many of us may have jetted off on
:48:35. > :48:36.holiday from some point from holiday from some point from
:48:36. > :48:39.holiday from some point from Manchester Airport. Did you know who
:48:39. > :48:40.Manchester Airport. Did you know who Manchester Airport. Did you know who
:48:40. > :48:41.Manchester Airport. Did you know who owns it? It is the ten councils of
:48:41. > :48:42.owns it? It is the ten councils of owns it? It is the ten councils of
:48:42. > :48:43.Greater Manchester. This week they Greater Manchester. This week they
:48:44. > :48:45.Greater Manchester. This week they greatly expanded by completing the
:48:45. > :48:46.greatly expanded by completing the greatly expanded by completing the
:48:46. > :48:46.purchase of Stansted Airport in purchase of Stansted Airport in
:48:47. > :48:47.purchase of Stansted Airport in purchase of Stansted Airport in
:48:47. > :48:49.Essex. Let us take a closer look at Essex. Let us take a closer look at
:48:49. > :48:55.this unique business. Manchester this unique business. Manchester
:48:55. > :48:59.this unique business. Manchester Airports Group owns four. The latest
:48:59. > :49:00.Airports Group owns four. The latest Airports Group owns four. The latest
:49:00. > :49:02.deal cost �1.5 billion, funded by deal cost �1.5 billion, funded by
:49:02. > :49:03.deal cost �1.5 billion, funded by deal cost �1.5 billion, funded by
:49:03. > :49:04.selling one third of the group to selling one third of the group to
:49:04. > :49:04.selling one third of the group to global investment company IFM. It
:49:05. > :49:06.global investment company IFM. It global investment company IFM. It
:49:06. > :49:09.global investment company IFM. It means the group is now split tween
:49:09. > :49:10.means the group is now split tween means the group is now split tween
:49:10. > :49:12.IFM, Manchester City Council and the IFM, Manchester City Council and the
:49:13. > :49:13.other Greater Manchester councils. other Greater Manchester councils.
:49:13. > :49:14.other Greater Manchester councils. Elaine Dunkley has been finding out
:49:14. > :49:15.Elaine Dunkley has been finding out Elaine Dunkley has been finding out
:49:15. > :49:24.Elaine Dunkley has been finding out what the deal means for people in
:49:24. > :49:25.the north-west. the north-west.
:49:25. > :49:29.the north-west. It is an international airport,
:49:29. > :49:30.It is an international airport, It is an international airport,
:49:30. > :49:31.owned by local councils. 19 million owned by local councils. 19 million
:49:31. > :49:32.owned by local councils. 19 million passengers pass through these gates
:49:32. > :49:33.passengers pass through these gates passengers pass through these gates
:49:33. > :49:37.every year. Millions of pounds goes every year. Millions of pounds goes
:49:37. > :49:38.every year. Millions of pounds goes into council budgets. Clearly one of
:49:38. > :49:39.into council budgets. Clearly one of into council budgets. Clearly one of
:49:39. > :49:41.the objectives of owning the airport the objectives of owning the airport
:49:41. > :49:42.the objectives of owning the airport the objectives of owning the airport
:49:42. > :49:43.is the boost to the economy. is the boost to the economy.
:49:43. > :49:44.is the boost to the economy. Manchester Airports Group is the
:49:44. > :49:46.Manchester Airports Group is the Manchester Airports Group is the
:49:46. > :49:47.largest UK owned operator and will largest UK owned operator and will
:49:47. > :49:48.largest UK owned operator and will largest UK owned operator and will
:49:48. > :49:49.it is take off here, it is takeovers it is take off here, it is takeovers
:49:49. > :49:51.it is take off here, it is takeovers elsewhere with the purchase of
:49:51. > :49:52.elsewhere with the purchase of Stansted. Currently with Manchester
:49:52. > :49:55.Stansted. Currently with Manchester Stansted. Currently with Manchester
:49:55. > :49:57.Airports Group it makes the annual Airports Group it makes the annual
:49:57. > :49:58.Airports Group it makes the annual return for council taxpayers around
:49:58. > :49:59.return for council taxpayers around return for council taxpayers around
:49:59. > :50:00.�15 million a year across Greater �15 million a year across Greater
:50:00. > :50:02.�15 million a year across Greater Manchester. With the purchase of
:50:02. > :50:03.Manchester. With the purchase of Manchester. With the purchase of
:50:03. > :50:04.Stansted Airport, we should be able Stansted Airport, we should be able
:50:04. > :50:05.Stansted Airport, we should be able Stansted Airport, we should be able
:50:05. > :50:07.to double that. That is a return for to double that. That is a return for
:50:07. > :50:07.to double that. That is a return for the ten councils that will go
:50:07. > :50:11.the ten councils that will go the ten councils that will go
:50:11. > :50:12.straight back into council services. straight back into council services.
:50:12. > :50:13.The Manchester Airports Group The Manchester Airports Group
:50:13. > :50:14.The Manchester Airports Group already owns East Midlands and
:50:14. > :50:17.already owns East Midlands and already owns East Midlands and
:50:17. > :50:18.Bournemouth airport and has bought Bournemouth airport and has bought
:50:18. > :50:19.Stansted for �1.5 billion. Stansted for �1.5 billion.
:50:19. > :50:20.Stansted for �1.5 billion. Manchester City Council raise the
:50:20. > :50:20.Manchester City Council raise the Manchester City Council raise the
:50:20. > :50:22.Manchester City Council raise the money for the deal by selling some
:50:22. > :50:23.money for the deal by selling some money for the deal by selling some
:50:23. > :50:26.of its shares to an Australian of its shares to an Australian
:50:26. > :50:27.of its shares to an Australian company. Was it money well spent?
:50:27. > :50:28.company. Was it money well spent? company. Was it money well spent?
:50:28. > :50:30.There is obviously enormous demand There is obviously enormous demand
:50:30. > :50:31.There is obviously enormous demand for airport capacity in the
:50:31. > :50:32.for airport capacity in the south-east of England. Heathrow
:50:32. > :50:33.south-east of England. Heathrow south-east of England. Heathrow
:50:33. > :50:37.south-east of England. Heathrow Airport is full and we are waiting
:50:37. > :50:38.Airport is full and we are waiting Airport is full and we are waiting
:50:38. > :50:39.Airport is full and we are waiting on the Davis Commission in terms of
:50:39. > :50:41.on the Davis Commission in terms of on the Davis Commission in terms of
:50:41. > :50:42.its ruling on a major international its ruling on a major international
:50:42. > :50:45.its ruling on a major international its ruling on a major international
:50:45. > :50:46.hub airport. If it turns out that hub airport. If it turns out that
:50:46. > :50:47.hub airport. If it turns out that that report recommends the expansion
:50:47. > :50:47.that report recommends the expansion that report recommends the expansion
:50:47. > :50:50.of Stansted, the Manchester Airports of Stansted, the Manchester Airports
:50:50. > :50:50.of Stansted, the Manchester Airports of Stansted, the Manchester Airports
:50:50. > :50:55.Group may have a big stake in an Group may have a big stake in an
:50:55. > :50:57.important piece of strategic important piece of strategic
:50:57. > :50:59.national infrastructure. Stansted is national infrastructure. Stansted is
:50:59. > :50:59.national infrastructure. Stansted is currently the fourth busiest airport
:50:59. > :51:01.currently the fourth busiest airport currently the fourth busiest airport
:51:01. > :51:02.in the UK. The Manchester Airports in the UK. The Manchester Airports
:51:02. > :51:04.in the UK. The Manchester Airports in the UK. The Manchester Airports
:51:04. > :51:05.Group now owns 19% of the UK Group now owns 19% of the UK
:51:05. > :51:06.Group now owns 19% of the UK Group now owns 19% of the UK
:51:06. > :51:07.aviation market. It insists it is in aviation market. It insists it is in
:51:07. > :51:08.aviation market. It insists it is in aviation market. It insists it is in
:51:08. > :51:09.it for the long haul. Others feel it for the long haul. Others feel
:51:09. > :51:12.it for the long haul. Others feel it for the long haul. Others feel
:51:12. > :51:13.the time could come to sell up and the time could come to sell up and
:51:13. > :51:15.the time could come to sell up and depart. I think several years ago,
:51:15. > :51:16.depart. I think several years ago, depart. I think several years ago,
:51:16. > :51:17.Manchester Airports Group, had they Manchester Airports Group, had they
:51:17. > :51:18.Manchester Airports Group, had they been prepared to sell them, they
:51:18. > :51:19.been prepared to sell them, they been prepared to sell them, they
:51:19. > :51:21.been prepared to sell them, they could have raised as much as the
:51:21. > :51:24.could have raised as much as the could have raised as much as the
:51:24. > :51:25.could have raised as much as the million pounds from that. There is a
:51:25. > :51:26.million pounds from that. There is a million pounds from that. There is a
:51:26. > :51:28.million pounds from that. There is a decline now but if they keep back up
:51:28. > :51:30.decline now but if they keep back up decline now but if they keep back up
:51:30. > :51:31.again, they could still make upwards again, they could still make upwards
:51:31. > :51:34.again, they could still make upwards of �2 million. The plans for
:51:34. > :51:35.of �2 million. The plans for Stansted include more flights,
:51:35. > :51:36.Stansted include more flights, Stansted include more flights,
:51:36. > :51:37.retail and passengers to generate retail and passengers to generate
:51:37. > :51:38.retail and passengers to generate money. There is concern that the
:51:38. > :51:42.money. There is concern that the council's environmental targets
:51:42. > :51:43.council's environmental targets council's environmental targets
:51:43. > :51:43.could come crashing down. Manchester could come crashing down. Manchester
:51:43. > :51:47.could come crashing down. Manchester City Council has strong Climate
:51:47. > :51:50.City Council has strong Climate Change Committee's. The council
:51:50. > :51:52.Change Committee's. The council Change Committee's. The council
:51:52. > :51:53.cannot expand the airport and meet cannot expand the airport and meet
:51:53. > :51:53.cannot expand the airport and meet cannot expand the airport and meet
:51:53. > :51:58.its own commitments or the UK is its own commitments or the UK is
:51:58. > :51:59.its own commitments or the UK is commitments on climate change.
:51:59. > :52:01.commitments on climate change. commitments on climate change.
:52:01. > :52:02.area is good to be destroyed area is good to be destroyed
:52:02. > :52:03.area is good to be destroyed effectively. The community is under
:52:03. > :52:05.effectively. The community is under effectively. The community is under
:52:05. > :52:06.threat from the expansion of the threat from the expansion of the
:52:06. > :52:08.threat from the expansion of the airport. This is Breeze Cottage and
:52:08. > :52:08.airport. This is Breeze Cottage and airport. This is Breeze Cottage and
:52:08. > :52:09.Altrincham. It will soon be Altrincham. It will soon be
:52:09. > :52:10.Altrincham. It will soon be Altrincham. It will soon be
:52:10. > :52:12.flattened to make way for a new low flattened to make way for a new low
:52:12. > :52:13.flattened to make way for a new low flattened to make way for a new low
:52:13. > :52:14.that a road linking a logistics hub that a road linking a logistics hub
:52:14. > :52:15.that a road linking a logistics hub to Manchester Airport. And a matter
:52:15. > :52:16.to Manchester Airport. And a matter to Manchester Airport. And a matter
:52:16. > :52:17.of weeks, Peter Johnson, who has of weeks, Peter Johnson, who has
:52:17. > :52:18.of weeks, Peter Johnson, who has of weeks, Peter Johnson, who has
:52:18. > :52:22.lived here for 20 years, says he lived here for 20 years, says he
:52:22. > :52:23.lived here for 20 years, says he lived here for 20 years, says he
:52:23. > :52:23.will be homeless and feels there has will be homeless and feels there has
:52:23. > :52:24.will be homeless and feels there has will be homeless and feels there has
:52:24. > :52:25.been a conflict of interest. I feel been a conflict of interest. I feel
:52:25. > :52:25.been a conflict of interest. I feel in this case, especially with
:52:25. > :52:26.in this case, especially with in this case, especially with
:52:26. > :52:27.Manchester Airport being owned by Manchester Airport being owned by
:52:27. > :52:28.Manchester Airport being owned by Manchester Airport being owned by
:52:28. > :52:30.the council, it is a very incestuous the council, it is a very incestuous
:52:30. > :52:31.the council, it is a very incestuous relationship that the planning and
:52:31. > :52:34.relationship that the planning and relationship that the planning and
:52:34. > :52:34.relationship that the planning and the people on the board, who have
:52:34. > :52:35.the people on the board, who have the people on the board, who have
:52:35. > :52:36.the majority shareholding have a the majority shareholding have a
:52:36. > :52:36.the majority shareholding have a the majority shareholding have a
:52:36. > :52:38.greater say in what happens to the greater say in what happens to the
:52:38. > :52:43.greater say in what happens to the greater say in what happens to the
:52:43. > :52:43.airport. It does define the laws of airport. It does define the laws of
:52:44. > :52:45.airport. It does define the laws of justice. Manchester Council says it
:52:45. > :52:46.justice. Manchester Council says it justice. Manchester Council says it
:52:46. > :52:47.justice. Manchester Council says it does have a local issues at heart,
:52:47. > :52:49.does have a local issues at heart, does have a local issues at heart,
:52:49. > :52:50.but in the world of growth, but in the world of growth,
:52:50. > :52:55.expansion and private enterprise, expansion and private enterprise,
:52:55. > :52:56.turbulent times lie ahead. turbulent times lie ahead.
:52:56. > :52:57.turbulent times lie ahead. turbulent times lie ahead.
:52:57. > :52:58.We are joined from London now by We are joined from London now by
:52:58. > :53:00.We are joined from London now by Simon Calder, the travel editor of
:53:00. > :53:01.Simon Calder, the travel editor of Simon Calder, the travel editor of
:53:01. > :53:03.the Independent newspaper. Great to the Independent newspaper. Great to
:53:03. > :53:04.the Independent newspaper. Great to the Independent newspaper. Great to
:53:04. > :53:05.have you with us. Some people will have you with us. Some people will
:53:05. > :53:07.have you with us. Some people will find it pretty extraordinary that
:53:07. > :53:09.find it pretty extraordinary that find it pretty extraordinary that
:53:09. > :53:10.not only to local authority owned not only to local authority owned
:53:10. > :53:13.not only to local authority owned airports, they are buying them as
:53:13. > :53:14.airports, they are buying them as airports, they are buying them as
:53:14. > :53:14.well as. I absolutely agree. well as. I absolutely agree.
:53:14. > :53:15.well as. I absolutely agree. Manchester Airports Group is pretty
:53:15. > :53:16.Manchester Airports Group is pretty Manchester Airports Group is pretty
:53:16. > :53:19.Manchester Airports Group is pretty unique in terms of its ownership of
:53:19. > :53:20.unique in terms of its ownership of unique in terms of its ownership of
:53:20. > :53:24.airports. You have, for example, an airports. You have, for example, an
:53:24. > :53:24.airports. You have, for example, an organisation such as our ATP, the
:53:24. > :53:25.organisation such as our ATP, the Parisian public transport
:53:25. > :53:26.Parisian public transport Parisian public transport
:53:26. > :53:28.organisation running some of the organisation running some of the
:53:28. > :53:28.organisation running some of the organisation running some of the
:53:29. > :53:29.buses here in London, but for a buses here in London, but for a
:53:29. > :53:31.buses here in London, but for a buses here in London, but for a
:53:31. > :53:35.group of local councils to enter the group of local councils to enter the
:53:35. > :53:36.group of local councils to enter the group of local councils to enter the
:53:36. > :53:38.big league, to buy their own airport big league, to buy their own airport
:53:38. > :53:38.big league, to buy their own airport big league, to buy their own airport
:53:38. > :53:39.in the world 's aviation hub, which in the world 's aviation hub, which
:53:39. > :53:42.in the world 's aviation hub, which in the world 's aviation hub, which
:53:42. > :53:43.as London, is a remarkable change of as London, is a remarkable change of
:53:43. > :53:43.as London, is a remarkable change of as London, is a remarkable change of
:53:43. > :53:44.events. It is a very bold decision events. It is a very bold decision
:53:44. > :53:45.events. It is a very bold decision events. It is a very bold decision
:53:46. > :53:47.and I must say, from the point of and I must say, from the point of
:53:47. > :53:48.and I must say, from the point of and I must say, from the point of
:53:48. > :53:49.view of all us passengers and the view of all us passengers and the
:53:49. > :53:50.view of all us passengers and the south-east, we are thrilled at the
:53:50. > :53:52.south-east, we are thrilled at the south-east, we are thrilled at the
:53:52. > :53:54.idea of having at last proper idea of having at last proper
:53:54. > :53:55.competition with Stansted against competition with Stansted against
:53:56. > :53:57.competition with Stansted against Gatwick, up against Heathrow, thanks
:53:57. > :53:58.Gatwick, up against Heathrow, thanks Gatwick, up against Heathrow, thanks
:53:58. > :53:59.to you guys at Manchester Airport. to you guys at Manchester Airport.
:53:59. > :54:01.to you guys at Manchester Airport. to you guys at Manchester Airport.
:54:01. > :54:03.Thank you! It is going to be much Thank you! It is going to be much
:54:03. > :54:04.Thank you! It is going to be much better for the experience for us.
:54:04. > :54:06.better for the experience for us. better for the experience for us.
:54:06. > :54:07.Don't mention it! Do you think Don't mention it! Do you think
:54:07. > :54:10.Don't mention it! Do you think Don't mention it! Do you think
:54:10. > :54:11.Stansted is a good deal for Greater Stansted is a good deal for Greater
:54:11. > :54:12.Stansted is a good deal for Greater Manchester's taxpayers? I think the
:54:12. > :54:14.Manchester's taxpayers? I think the Manchester's taxpayers? I think the
:54:14. > :54:17.pricetag has been very high. Gatwick pricetag has been very high. Gatwick
:54:17. > :54:18.pricetag has been very high. Gatwick pricetag has been very high. Gatwick
:54:18. > :54:20.was sold a couple of years ago to was sold a couple of years ago to
:54:20. > :54:21.global infrastructure partners. It global infrastructure partners. It
:54:21. > :54:23.global infrastructure partners. It global infrastructure partners. It
:54:23. > :54:24.was the first of one of the forced was the first of one of the forced
:54:24. > :54:27.was the first of one of the forced sellers from BAE's monopoly in the
:54:27. > :54:28.sellers from BAE's monopoly in the sellers from BAE's monopoly in the
:54:28. > :54:29.area. That win for around �800 area. That win for around �800
:54:29. > :54:31.million. Manchester has played million. Manchester has played
:54:31. > :54:32.million. Manchester has played nearly twice as much for Stansted
:54:32. > :54:35.nearly twice as much for Stansted nearly twice as much for Stansted
:54:35. > :54:36.and Stansted is any much worse and Stansted is any much worse
:54:36. > :54:38.and Stansted is any much worse position. It has around two thirds
:54:38. > :54:39.position. It has around two thirds position. It has around two thirds
:54:39. > :54:40.position. It has around two thirds of the traffic of Gatwick and has
:54:40. > :54:41.of the traffic of Gatwick and has unfortunately been losing that
:54:41. > :54:41.unfortunately been losing that unfortunately been losing that
:54:41. > :54:43.unfortunately been losing that traffic year on year for the last
:54:43. > :54:44.traffic year on year for the last traffic year on year for the last
:54:44. > :54:47.five or six years. Manchester five or six years. Manchester
:54:47. > :54:48.five or six years. Manchester five or six years. Manchester
:54:48. > :54:49.Airports Group has its work cut out Airports Group has its work cut out
:54:49. > :54:50.Airports Group has its work cut out and IFM, the investors that you
:54:50. > :54:51.and IFM, the investors that you and IFM, the investors that you
:54:51. > :54:52.and IFM, the investors that you mention, they will be looking to get
:54:52. > :54:53.mention, they will be looking to get mention, they will be looking to get
:54:53. > :54:57.their return quite quickly as well. their return quite quickly as well.
:54:57. > :54:58.their return quite quickly as well. It will be very exciting. Clearly
:54:58. > :54:58.It will be very exciting. Clearly It will be very exciting. Clearly
:54:58. > :54:59.Manchester feels there is the Manchester feels there is the
:54:59. > :55:02.Manchester feels there is the potential for serious growth at
:55:02. > :55:05.potential for serious growth at Stansted. There is certainly
:55:05. > :55:06.Stansted. There is certainly Stansted. There is certainly
:55:06. > :55:07.potential because even without a potential because even without a
:55:07. > :55:09.potential because even without a second runway, there is space to
:55:09. > :55:10.second runway, there is space to basically doubled the passenger
:55:10. > :55:11.basically doubled the passenger basically doubled the passenger
:55:11. > :55:14.throughput and Manchester will be throughput and Manchester will be
:55:14. > :55:15.throughput and Manchester will be doing a couple of things. Firstly,
:55:15. > :55:16.doing a couple of things. Firstly, doing a couple of things. Firstly,
:55:16. > :55:18.doing a couple of things. Firstly, trying to expand the gene pool of
:55:18. > :55:19.trying to expand the gene pool of airlines. That is currently
:55:19. > :55:20.airlines. That is currently airlines. That is currently
:55:20. > :55:21.dominated by Ryanair who earlier dominated by Ryanair who earlier
:55:21. > :55:21.dominated by Ryanair who earlier dominated by Ryanair who earlier
:55:21. > :55:22.this week through their toys out of this week through their toys out of
:55:22. > :55:23.this week through their toys out of this week through their toys out of
:55:23. > :55:24.the pram and said they will cut the pram and said they will cut
:55:24. > :55:26.the pram and said they will cut flights are seen as Manchester takes
:55:26. > :55:27.flights are seen as Manchester takes flights are seen as Manchester takes
:55:27. > :55:28.over. They need some more short over. They need some more short
:55:28. > :55:30.over. They need some more short over. They need some more short
:55:30. > :55:31.lines to Europe. They might want to lines to Europe. They might want to
:55:31. > :55:32.lines to Europe. They might want to try to get the British airways
:55:32. > :55:33.try to get the British airways involved. From Manchester United
:55:33. > :55:39.involved. From Manchester United involved. From Manchester United
:55:39. > :55:40.flight to anywhere you want to. flight to anywhere you want to.
:55:40. > :55:43.flight to anywhere you want to. flight to anywhere you want to.
:55:44. > :55:44.Simon, let me bring in the release. Simon, let me bring in the release.
:55:44. > :55:46.Simon, let me bring in the release. You'd cheer the Commons transport
:55:46. > :55:48.You'd cheer the Commons transport You'd cheer the Commons transport
:55:48. > :55:49.committee. This is a slight gamble, committee. This is a slight gamble,
:55:49. > :55:49.committee. This is a slight gamble, committee. This is a slight gamble,
:55:49. > :55:52.isn't it? We do not know whether isn't it? We do not know whether
:55:52. > :55:53.isn't it? We do not know whether Stansted will develop or not.
:55:53. > :55:56.Stansted will develop or not. Manchester Airport has been
:55:56. > :55:59.Manchester Airport has been Manchester Airport has been
:55:59. > :56:01.successful. This is entering into successful. This is entering into
:56:01. > :56:02.successful. This is entering into new fields and this is about
:56:02. > :56:03.new fields and this is about national strategy, national and.
:56:03. > :56:04.national strategy, national and. national strategy, national and.
:56:04. > :56:05.national strategy, national and. There is a great debate at the
:56:05. > :56:06.There is a great debate at the There is a great debate at the
:56:06. > :56:07.moment about the importance of hub moment about the importance of hub
:56:07. > :56:08.moment about the importance of hub capacity and how that should be
:56:08. > :56:10.capacity and how that should be capacity and how that should be
:56:10. > :56:11.dealt with and about developing dealt with and about developing
:56:11. > :56:14.dealt with and about developing services for the region. There are
:56:14. > :56:15.services for the region. There are services for the region. There are
:56:15. > :56:17.great challenges their. Should they great challenges their. Should they
:56:17. > :56:19.great challenges their. Should they great challenges their. Should they
:56:19. > :56:19.be doing it or not? That is a be doing it or not? That is a
:56:19. > :56:21.be doing it or not? That is a decision for the groups themselves.
:56:21. > :56:22.decision for the groups themselves. decision for the groups themselves.
:56:22. > :56:24.decision for the groups themselves. It is a commercial decision and the
:56:24. > :56:25.It is a commercial decision and the It is a commercial decision and the
:56:25. > :56:26.challenges about how to develop and challenges about how to develop and
:56:26. > :56:26.challenges about how to develop and challenges about how to develop and
:56:26. > :56:27.attract the airlines to come to the attract the airlines to come to the
:56:27. > :56:28.attract the airlines to come to the attract the airlines to come to the
:56:28. > :56:30.airport and that is to do with airport and that is to do with
:56:30. > :56:30.airport and that is to do with airport and that is to do with
:56:30. > :56:31.access to the airport, it is about access to the airport, it is about
:56:31. > :56:32.access to the airport, it is about facilities. It is a challenge for
:56:32. > :56:33.facilities. It is a challenge for facilities. It is a challenge for
:56:33. > :56:33.facilities. It is a challenge for the group and they have taken a
:56:33. > :56:36.the group and they have taken a the group and they have taken a
:56:36. > :56:37.the group and they have taken a commercial decision to do it.
:56:37. > :56:38.commercial decision to do it. commercial decision to do it.
:56:38. > :56:39.agree with Graham Brady, the agree with Graham Brady, the
:56:39. > :56:40.agree with Graham Brady, the Conservative MP, who said they
:56:40. > :56:41.Conservative MP, who said they Conservative MP, who said they
:56:41. > :56:41.should at some point consider should at some point consider
:56:41. > :56:44.should at some point consider should at some point consider
:56:44. > :56:45.selling this off and take the money? selling this off and take the money?
:56:45. > :56:49.selling this off and take the money? It is an italic commercial decision
:56:49. > :56:49.It is an italic commercial decision It is an italic commercial decision
:56:50. > :56:50.that has been made. Have Manchester that has been made. Have Manchester
:56:50. > :56:51.that has been made. Have Manchester that has been made. Have Manchester
:56:51. > :56:52.Airports Group not done a good job Airports Group not done a good job
:56:52. > :56:54.Airports Group not done a good job of running their own airport? Yes
:56:54. > :56:55.of running their own airport? Yes of running their own airport? Yes
:56:55. > :56:56.they have. There has been a they have. There has been a
:56:56. > :56:58.they have. There has been a year-on-year growth and that is a
:56:58. > :57:00.year-on-year growth and that is a year-on-year growth and that is a
:57:00. > :57:01.huge factor and enticing people when huge factor and enticing people when
:57:01. > :57:01.huge factor and enticing people when huge factor and enticing people when
:57:01. > :57:02.people are looking to come to the people are looking to come to the
:57:02. > :57:03.people are looking to come to the people are looking to come to the
:57:03. > :57:04.United Kingdom. Where do we want to United Kingdom. Where do we want to
:57:04. > :57:05.United Kingdom. Where do we want to bring their investment question that
:57:05. > :57:07.bring their investment question that bring their investment question that
:57:07. > :57:08.they need airports like this. This they need airports like this. This
:57:08. > :57:09.they need airports like this. This they need airports like this. This
:57:09. > :57:10.is a great move and one that I is a great move and one that I
:57:10. > :57:11.is a great move and one that I believe is based on sound commercial
:57:12. > :57:14.believe is based on sound commercial believe is based on sound commercial
:57:14. > :57:19.judgement. It is almost like judgement. It is almost like
:57:19. > :57:20.national privatisation working well? national privatisation working well?
:57:20. > :57:21.national privatisation working well? You must have a successful business
:57:21. > :57:23.You must have a successful business You must have a successful business
:57:23. > :57:24.operation in place and Manchester, operation in place and Manchester,
:57:24. > :57:26.operation in place and Manchester, that is obvious. This is a
:57:26. > :57:27.that is obvious. This is a that is obvious. This is a
:57:27. > :57:28.commercial decision that can be commercial decision that can be
:57:28. > :57:32.commercial decision that can be medicated elsewhere. Why not go for
:57:32. > :57:33.medicated elsewhere. Why not go for medicated elsewhere. Why not go for
:57:33. > :57:33.medicated elsewhere. Why not go for that? Simon, to what extent is this
:57:33. > :57:35.that? Simon, to what extent is this that? Simon, to what extent is this
:57:35. > :57:36.that? Simon, to what extent is this all going to hinge on the decision
:57:36. > :57:40.all going to hinge on the decision all going to hinge on the decision
:57:40. > :57:41.over the second runway, do you over the second runway, do you
:57:41. > :57:43.over the second runway, do you think? And the relative short term,
:57:43. > :57:44.think? And the relative short term, think? And the relative short term,
:57:44. > :57:45.think? And the relative short term, the next ten years, it will not make
:57:45. > :57:46.the next ten years, it will not make the next ten years, it will not make
:57:46. > :57:47.the next ten years, it will not make any difference at all because no one
:57:47. > :57:48.any difference at all because no one any difference at all because no one
:57:48. > :57:49.any difference at all because no one is going to invest in a second
:57:49. > :57:50.is going to invest in a second is going to invest in a second
:57:50. > :57:52.runway at Stansted and told the runway at Stansted and told the
:57:52. > :57:52.runway at Stansted and told the first one is looking vaguely full
:57:52. > :57:53.first one is looking vaguely full first one is looking vaguely full
:57:53. > :57:56.first one is looking vaguely full and they have a long way to go
:57:56. > :57:57.and they have a long way to go and they have a long way to go
:57:57. > :57:57.before that happens. We are running before that happens. We are running
:57:57. > :57:58.before that happens. We are running before that happens. We are running
:57:58. > :58:00.before that happens. We are running out of time, I wanted to ask you one
:58:00. > :58:02.out of time, I wanted to ask you one out of time, I wanted to ask you one
:58:02. > :58:03.quick thing. Ryanair has been quick thing. Ryanair has been
:58:03. > :58:05.quick thing. Ryanair has been talking about cutting its number of
:58:05. > :58:08.talking about cutting its number of talking about cutting its number of
:58:08. > :58:09.flights and passengers. How worrying flights and passengers. How worrying
:58:09. > :58:10.flights and passengers. How worrying is that? It is exactly what
:58:10. > :58:11.is that? It is exactly what is that? It is exactly what
:58:11. > :58:13.Manchester Airports Group does not Manchester Airports Group does not
:58:13. > :58:13.Manchester Airports Group does not Manchester Airports Group does not
:58:13. > :58:16.want but they have to get new want but they have to get new
:58:16. > :58:17.want but they have to get new aeroplanes in. The trouble is that
:58:17. > :58:19.aeroplanes in. The trouble is that aeroplanes in. The trouble is that
:58:19. > :58:20.Stansted has been for long haul Stansted has been for long haul
:58:20. > :58:21.Stansted has been for long haul services, a complete graveyard. No
:58:21. > :58:22.services, a complete graveyard. No successful long-haul services have
:58:23. > :58:24.successful long-haul services have successful long-haul services have
:58:24. > :58:25.successful long-haul services have endured for any length of time. They
:58:25. > :58:26.endured for any length of time. They endured for any length of time. They
:58:26. > :58:27.endured for any length of time. They have tried into Kuala Lumpur and New
:58:27. > :58:29.have tried into Kuala Lumpur and New have tried into Kuala Lumpur and New
:58:29. > :58:30.York. They have all stopped. They York. They have all stopped. They
:58:30. > :58:31.York. They have all stopped. They York. They have all stopped. They
:58:31. > :58:32.will be going to Emirates and seeing will be going to Emirates and seeing
:58:32. > :58:33.will be going to Emirates and seeing will be going to Emirates and seeing
:58:33. > :58:34.that you must let us fly due to that you must let us fly due to
:58:34. > :58:35.that you must let us fly due to that you must let us fly due to
:58:35. > :58:38.that you must let us fly due to Stansted to do by but it will be a
:58:38. > :58:39.Stansted to do by but it will be a tricky, uphill struggle. Meanwhile,
:58:39. > :58:40.tricky, uphill struggle. Meanwhile, tricky, uphill struggle. Meanwhile,
:58:40. > :58:41.everything from security to shopping everything from security to shopping
:58:41. > :58:42.everything from security to shopping everything from security to shopping
:58:42. > :58:44.has to get better for the passengers has to get better for the passengers
:58:44. > :58:46.has to get better for the passengers has to get better for the passengers
:58:46. > :58:50.around London to say, " yes, I will around London to say, " yes, I will
:58:50. > :58:52.around London to say, " yes, I will try Stansted." Thank you, Simon.
:58:52. > :58:56.try Stansted." Thank you, Simon. try Stansted." Thank you, Simon.
:58:56. > :58:59.try Stansted." Thank you, Simon. Time for a roundup and 60 Seconds.
:58:59. > :59:01.Time for a roundup and 60 Seconds. Time for a roundup and 60 Seconds.
:59:01. > :59:02.It was cottage pies, now Lancashire It was cottage pies, now Lancashire
:59:02. > :59:04.It was cottage pies, now Lancashire County Council has found horsemeat
:59:04. > :59:06.County Council has found horsemeat County Council has found horsemeat
:59:06. > :59:07.in-school burgers, supposed to be in-school burgers, supposed to be
:59:07. > :59:08.in-school burgers, supposed to be halal. It has withdrawn all frozen
:59:08. > :59:11.halal. It has withdrawn all frozen halal. It has withdrawn all frozen
:59:11. > :59:12.beef products from school canteens. beef products from school canteens.
:59:12. > :59:13.Cumbria's Police Commissioner has Cumbria's Police Commissioner has
:59:13. > :59:14.Cumbria's Police Commissioner has called on the government to rethink
:59:14. > :59:16.called on the government to rethink called on the government to rethink
:59:16. > :59:17.plans to privatise parts of the plans to privatise parts of the
:59:17. > :59:18.probation service. Reoffending rates probation service. Reoffending rates
:59:18. > :59:19.probation service. Reoffending rates probation service. Reoffending rates
:59:19. > :59:21.will rise because we do not have an will rise because we do not have an
:59:21. > :59:24.effective probation service. effective probation service.
:59:24. > :59:24.effective probation service. The police watchdog has criticised
:59:25. > :59:25.The police watchdog has criticised The police watchdog has criticised
:59:25. > :59:26.the Chief Constable of South the Chief Constable of South
:59:26. > :59:29.the Chief Constable of South Yorkshire over comments he made of
:59:29. > :59:29.Yorkshire over comments he made of Yorkshire over comments he made of
:59:30. > :59:30.families of the victims of the families of the victims of the
:59:30. > :59:34.Hillsborough disaster. David Hillsborough disaster. David
:59:34. > :59:36.Crompton has apologised. Crompton has apologised.
:59:36. > :59:37.Crompton has apologised. More than 60 years after the
:59:37. > :59:37.More than 60 years after the More than 60 years after the
:59:37. > :59:38.Festival of Britain, the Festival of Festival of Britain, the Festival of
:59:38. > :59:40.Festival of Britain, the Festival of Business is coming to the
:59:40. > :59:41.Business is coming to the Business is coming to the
:59:41. > :59:42.north-west. Organisers say the event north-west. Organisers say the event
:59:42. > :59:43.north-west. Organisers say the event and Liverpool next year could
:59:43. > :59:46.and Liverpool next year could and Liverpool next year could
:59:46. > :59:47.attract one quarter of eight million visitors.
:59:47. > :59:48.visitors. visitors.
:59:48. > :59:50.People in Blackpool can relax the People in Blackpool can relax the
:59:50. > :59:53.People in Blackpool can relax the People in Blackpool can relax the
:59:53. > :59:53.purse strings after a 0.01% cut in purse strings after a 0.01% cut in
:59:53. > :59:55.purse strings after a 0.01% cut in council tax. It means most
:59:55. > :59:56.council tax. It means most council tax. It means most
:59:56. > :00:05.householders will pay 9p less than householders will pay 9p less than
:00:05. > :00:06.they did last year. they did last year.
:00:06. > :00:07.they did last year. This festival and business -- this
:00:07. > :00:07.This festival and business -- this This festival and business -- this
:00:07. > :00:10.Festival of Business and Liverpool. Festival of Business and Liverpool.
:00:10. > :00:11.Festival of Business and Liverpool. Festival of Business and Liverpool.
:00:11. > :00:11.How good an idea as that? How good an idea as that?
:00:11. > :00:14.How good an idea as that? north-west is leading the way for
:00:14. > :00:15.north-west is leading the way for north-west is leading the way for
:00:15. > :00:16.business. If you look at the business. If you look at the
:00:16. > :00:17.business. If you look at the figures, we are punching above our
:00:17. > :00:20.figures, we are punching above our figures, we are punching above our
:00:20. > :00:21.figures, we are punching above our weight. The made in Britain label is
:00:21. > :00:23.weight. The made in Britain label is weight. The made in Britain label is
:00:23. > :00:24.really improving. Liverpool is a really improving. Liverpool is a
:00:24. > :00:25.really improving. Liverpool is a symbol in Britain of a commercial
:00:25. > :00:26.symbol in Britain of a commercial symbol in Britain of a commercial
:00:26. > :00:30.symbol in Britain of a commercial city that is pushing for these kind
:00:30. > :00:30.city that is pushing for these kind city that is pushing for these kind
:00:31. > :00:33.of ideas and business? This is of ideas and business? This is
:00:33. > :00:33.important for Liverpool. Liverpool important for Liverpool. Liverpool
:00:33. > :00:34.is hosting this international is hosting this international
:00:34. > :00:37.is hosting this international is hosting this international
:00:37. > :00:38.conference on the heart of the whole conference on the heart of the whole
:00:38. > :00:39.country. It is recognising country. It is recognising
:00:39. > :00:42.Liverpool's importance and giving Liverpool's importance and giving
:00:42. > :00:43.greater opportunity for Liverpool. greater opportunity for Liverpool.
:00:43. > :00:44.greater opportunity for Liverpool. greater opportunity for Liverpool.
:00:44. > :00:46.How did Liverpool come to host this How did Liverpool come to host this
:00:46. > :00:47.How did Liverpool come to host this in the first place? Liverpool is
:00:47. > :00:48.in the first place? Liverpool is in the first place? Liverpool is
:00:48. > :00:51.in the first place? Liverpool is increasingly being seen as a city of
:00:51. > :00:52.increasingly being seen as a city of importance that has successfully
:00:52. > :00:53.importance that has successfully importance that has successfully
:00:53. > :01:00.importance that has successfully regenerated and that is able to host
:01:00. > :01:01.regenerated and that is able to host international conferences.