Browse content similar to 25/03/2012. Check below for episodes and series from the same categories and more!
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And in the Midlands: Too old to work but too young to | 0:01:14 | 0:01:17 | |
retire. As the state pension age keeps | 0:01:17 | 0:01:20 | |
going up and up and up, the challenges of longer careers facing | 0:01:20 | 0:01:30 | |
0:01:30 | 0:01:30 | ||
Apology for the loss of subtitles for 1838 seconds | 0:01:30 | 0:32:09 | |
Good afternoon. Hello again from the Midlands. I'm Patrick Burns. | 0:32:09 | 0:32:12 | |
And joining me today. Laurence Robertson is the Conservative MP | 0:32:12 | 0:32:15 | |
for Tewkesbury. He's a former engineer and factory owner. And Ian | 0:32:15 | 0:32:18 | |
Austin is the Labour MP for Dudley North. He was a special advisor the | 0:32:18 | 0:32:25 | |
Chancellor for six of Gordon Brown's ten years at the Treasury. | 0:32:25 | 0:32:32 | |
At least you've got something to show for it. My bike? You are | 0:32:32 | 0:32:41 | |
talking... 30 seconds, 502 metres. I don't want to boast but I was | 0:32:41 | 0:32:48 | |
delighted! Feel free to boast. You go out on roads as well. Several | 0:32:48 | 0:32:54 | |
times a week. And part of a cycling club. By race bikes a bit, not very | 0:32:54 | 0:32:59 | |
well, but I love cycling. It's a great way to get around and it is a | 0:32:59 | 0:33:07 | |
great pastime. While on the subject of athleticism, you're on a | 0:33:07 | 0:33:14 | |
marathon man as well. You are going back a few years there. Any plans | 0:33:14 | 0:33:20 | |
for another marathon? I've done six. My last one was 1994 in New York. | 0:33:20 | 0:33:24 | |
That was tremendous. I do a bit of jogging but that is all. My | 0:33:24 | 0:33:29 | |
Marathon days are long gone. He got a thing about endurance events. | 0:33:29 | 0:33:32 | |
This five-year parliament in cahoots with Liberal Democrats. Do | 0:33:32 | 0:33:36 | |
you have the staying power as a man on the right of your power to stick | 0:33:36 | 0:33:42 | |
it out? I certainly have. I've got the staying power to last for five | 0:33:42 | 0:33:46 | |
years and hopefully longer than that as a Member of Parliament. We | 0:33:46 | 0:33:50 | |
are where we are. The electorate didn't give a clear signal to | 0:33:50 | 0:33:55 | |
anybody. The good of the country has to come first. | 0:33:55 | 0:33:58 | |
Coming up a little later: Never mind the granny tax. Could many of | 0:33:59 | 0:34:01 | |
us be great-grandparents before we can retire? Rethinking the ever- | 0:34:01 | 0:34:05 | |
lengthening careers of our ageing workforce. | 0:34:05 | 0:34:09 | |
But before that, our top story this week: the Budget. Higher personal | 0:34:09 | 0:34:18 | |
allowances to help lower earners. Easier borrowing for small firms. | 0:34:18 | 0:34:21 | |
And a battle royal over simplified planning rules to boost our | 0:34:21 | 0:34:25 | |
competitiveness. Or to give the developers a field-day. It had all | 0:34:25 | 0:34:32 | |
been heavily-leaked. Apart from the one explosive detail, with which | 0:34:32 | 0:34:34 | |
the granny tax budget may be forever associated, that cap on | 0:34:34 | 0:34:37 | |
pensioners' top-up tax allowances. And fuel duty will go up, as | 0:34:37 | 0:34:47 | |
0:34:47 | 0:34:51 | ||
planned, by 3p a litre. Not quite a Budget to remember, | 0:34:51 | 0:34:54 | |
unless you're a Warwickshire coach from hoping for help paying your | 0:34:54 | 0:34:58 | |
fuel bills. Here at Johnson's Coaches, they reckon they'll spend | 0:34:58 | 0:35:02 | |
�2 million on diesel this year, 20% more than they did last year. | 0:35:02 | 0:35:09 | |
are going to be put in �250,000 worth of more fuel into of vehicles | 0:35:09 | 0:35:12 | |
to do the same mileage this year. And in nearby Henley in Arden the | 0:35:12 | 0:35:16 | |
views weren't much different. disgusting. Everything is going up. | 0:35:16 | 0:35:20 | |
Astronomical. So what did other small businesses think of the | 0:35:20 | 0:35:22 | |
budget? This Warwick photocopier firm was also looking for help | 0:35:22 | 0:35:25 | |
after public spending cuts have meant fewer contracts. Here, some | 0:35:25 | 0:35:33 | |
encouraging signs. The thing I'm most enthusiastic about his the | 0:35:33 | 0:35:39 | |
government promising that they will reduce red tape. But will less | 0:35:39 | 0:35:42 | |
bureaucracy really help the fitness of the economy? At this gym their | 0:35:42 | 0:35:46 | |
more interested in tax cuts giving people more disposable income. | 0:35:46 | 0:35:50 | |
allowances are going up. People will feel they have more money to | 0:35:50 | 0:35:59 | |
spend which will be good for places like this. But despite the | 0:35:59 | 0:36:01 | |
optimisms, this week there's also been a reminding of just how | 0:36:01 | 0:36:05 | |
fragile things still are. With new research suggesting insolvencies in | 0:36:05 | 0:36:09 | |
some parts of the Black Country are amongst the highest in the UK. | 0:36:09 | 0:36:14 | |
Sometimes you cannot get credit because they are risk-averse. | 0:36:14 | 0:36:17 | |
Ultimately it's hoped that the Budget and measures to encourage | 0:36:17 | 0:36:24 | |
more bank lending will help keep the wheels of industry moving. We | 0:36:24 | 0:36:29 | |
are also joined today by Andy Street, the managing director of | 0:36:29 | 0:36:34 | |
the John Lewis chain of department stores. But also the chairman of | 0:36:34 | 0:36:42 | |
the Local Enterprise Partnership but covers the West Midlands. We | 0:36:42 | 0:36:46 | |
have to mention that because we see all lorries going up and down the | 0:36:46 | 0:36:54 | |
country. This is something... a biggish if all businesses and we | 0:36:54 | 0:36:59 | |
recognise this. The next person to join our borders the managing | 0:36:59 | 0:37:02 | |
director of National Express so why am sure he will be ferocious on the | 0:37:03 | 0:37:07 | |
subject. In the longer term, what we have to do is deal with the | 0:37:07 | 0:37:10 | |
transport infrastructure in the region to take people off road so | 0:37:10 | 0:37:15 | |
that we've got a public -- better public transport system. On Budget | 0:37:15 | 0:37:20 | |
day, the Treasury went out of the way to trumpet the �74 million | 0:37:20 | 0:37:25 | |
growing places fund which they say is going to help around the West | 0:37:25 | 0:37:30 | |
Midlands. This sort of money is a drop in the ocean in comparison | 0:37:30 | 0:37:34 | |
above the sort of sums we were talking about previously. It is and | 0:37:34 | 0:37:37 | |
I'm not going to say that is the difference that we are going to | 0:37:37 | 0:37:43 | |
make. Let me explain what that money is for. That is all about | 0:37:43 | 0:37:47 | |
kick-starting projects that are ready and have stalled. Let's not | 0:37:47 | 0:37:51 | |
be ungrateful for that. It is useful for projects on the ground. | 0:37:52 | 0:37:56 | |
But far more importantly than that, what we have to do is look at the | 0:37:56 | 0:38:04 | |
underlying competitiveness of the economy. Can do business department | 0:38:04 | 0:38:07 | |
help address those broader questions? I think a good example | 0:38:07 | 0:38:11 | |
of how this is working at the moment, and we had an announcement | 0:38:11 | 0:38:21 | |
from Vince Cable last Friday which was about... It was conceived of | 0:38:21 | 0:38:24 | |
life or organisations across the country, has been taken national | 0:38:24 | 0:38:28 | |
and is about giving money to potential supply chain companies, | 0:38:28 | 0:38:31 | |
particularly the automotive industry. That is exactly the sort | 0:38:31 | 0:38:35 | |
of help for business that I've heard you pleading for for some | 0:38:35 | 0:38:38 | |
time now. This government is this enforced I welcome anything that is | 0:38:38 | 0:38:42 | |
going to get the economy moving and will create jobs in the West | 0:38:42 | 0:38:46 | |
Midlands but the truth about this Budget when you look at it, the | 0:38:46 | 0:38:52 | |
Government's own figures don't show growth, they have not increased | 0:38:52 | 0:38:57 | |
their growth forecasts. There are forecasting 0.8 % for this year and | 0:38:57 | 0:39:04 | |
last year they forecast 2.5 %. Growth has stalled. Growth is | 0:39:04 | 0:39:08 | |
moving ahead in places like America and Germany. Your policies are | 0:39:08 | 0:39:13 | |
contributing to that stalling of growth. No, I think the growth | 0:39:13 | 0:39:17 | |
figures are more optimistic, especially as we go for the next | 0:39:17 | 0:39:20 | |
two or three years but the government is focusing on helping | 0:39:20 | 0:39:24 | |
businesses. We've had a little bit about how they are helping. Why are | 0:39:24 | 0:39:27 | |
there so many insolvencies in the Black Country? Because of the | 0:39:27 | 0:39:31 | |
situation we are facing. Look at Greece, Spain, Ireland. The cut | 0:39:31 | 0:39:38 | |
their terrible problems. We are not going into recession. The important | 0:39:38 | 0:39:45 | |
thing is we have the sustained recovery. It got to welcome looking | 0:39:45 | 0:39:51 | |
at... Personal allowances are going to take those with low incomes at | 0:39:51 | 0:39:57 | |
of tax. You must welcome that. course. It's a good thing. If | 0:39:57 | 0:40:01 | |
people are paying less tax, that's a good thing. Lower-income families | 0:40:01 | 0:40:09 | |
are paying more... Middle income families are losing tax credits. We | 0:40:09 | 0:40:16 | |
are seeing tax cuts for those earning �1 million per year. This | 0:40:16 | 0:40:20 | |
cannot be the right time for that. The budget set the scene for a | 0:40:20 | 0:40:26 | |
battle royal over this national planning policy framework which is | 0:40:26 | 0:40:30 | |
designed to improve competitiveness but is it a developer's Charter? | 0:40:30 | 0:40:34 | |
Would it be a free for all? I don't believe so. We are still waiting to | 0:40:34 | 0:40:38 | |
see the detail. It will be published on Tuesday but our belief | 0:40:38 | 0:40:42 | |
is that it will have listened to the requirements of business to | 0:40:42 | 0:40:47 | |
make a positive response to planning applications the norm. But | 0:40:47 | 0:40:52 | |
then there are safeguards to protect green belt and town centres. | 0:40:52 | 0:40:56 | |
What do you say to those, particularly in rural areas who | 0:40:56 | 0:41:00 | |
were worried about the green belt? One of my main motivations of | 0:41:00 | 0:41:04 | |
coming into politics was to protect the countryside and the green belt | 0:41:04 | 0:41:07 | |
so why wouldn't support anything that I felt threatened it. This is | 0:41:07 | 0:41:10 | |
about simplification. The planning rules at the moment are | 0:41:10 | 0:41:14 | |
unbelievably complicated. I don't know how many volumes there are of | 0:41:14 | 0:41:19 | |
them. This is about simplifying it. There may be certain things which | 0:41:19 | 0:41:22 | |
do need adjusting as Figure 1 but the important thing is to simplify | 0:41:22 | 0:41:28 | |
the whole process. The other thing is to scrap the regional spacial | 0:41:28 | 0:41:32 | |
strategy where a regional approach to his -- to planning was taken and | 0:41:32 | 0:41:37 | |
that was deeply unpopular. A final word on that from you. We have to | 0:41:38 | 0:41:41 | |
simplify the planning system but we need an urgent plan for growth to | 0:41:41 | 0:41:49 | |
get the economy moving. My thanks to all for being with us today. | 0:41:49 | 0:41:52 | |
Hang onto your supermarket trolleys, Tesco are looking at raising their | 0:41:52 | 0:41:55 | |
staff retirement age from 65 to 67. And they won't be alone. By October | 0:41:55 | 0:42:04 | |
2020, the state pension age will be 66. By 2046, it will be 68. We are | 0:42:04 | 0:42:12 | |
living and working longer. So Cath Mackie has been finding out how we | 0:42:12 | 0:42:15 | |
need to rethink the way we cope with extended careers and later | 0:42:15 | 0:42:19 | |
retirement. Representing Russia, it's the | 0:42:19 | 0:42:27 | |
Buranova Grannies. And for the UK, the 75-year-old crooner Engelbert | 0:42:27 | 0:42:34 | |
Humperdinck. Well, we are all having to work longer and these | 0:42:35 | 0:42:44 | |
0:42:45 | 0:42:49 | ||
Eurovision hopefuls clock up almost 500 years between them. Over in | 0:42:49 | 0:42:51 | |
Wasall at the ironmonger manufacturer Kirkpatrick older | 0:42:51 | 0:42:56 | |
staff show they too still have much to offer. I'm a 62. By have three | 0:42:56 | 0:43:02 | |
years to go. I look after myself. I'm 71 and I enjoy my job, that is | 0:43:03 | 0:43:11 | |
why I come to work. Around 90 people work here. Older people tend | 0:43:11 | 0:43:15 | |
to be more reliable in terms of turning up for work and they have | 0:43:16 | 0:43:20 | |
experience of the job. If they have started when they were 20 years old, | 0:43:20 | 0:43:24 | |
they have got 20 years' experience. Our image of older people is | 0:43:24 | 0:43:29 | |
evolving. When I was a kid anyone over 60 seemed to look like this. | 0:43:30 | 0:43:33 | |
Now they can look like this. So is it time to rethink retirement? But | 0:43:33 | 0:43:39 | |
more importantly, can we afford not to? When the state pension was | 0:43:39 | 0:43:42 | |
introduced in 1909, there were around 22 working people for every | 0:43:42 | 0:43:45 | |
retiree. By 2020 it's predicted that will have fallen to just 3.5 | 0:43:45 | 0:43:52 | |
working people to every person of state pension age. People who half | 0:43:52 | 0:43:56 | |
a lifetime in business have got a lot to offer and almost a | 0:43:56 | 0:44:00 | |
responsibility to try to put back particularly in supporting the | 0:44:00 | 0:44:05 | |
younger generation. His company specialises in helping people of | 0:44:05 | 0:44:09 | |
any age make the most of what they have to offer. But our employers | 0:44:09 | 0:44:13 | |
ready to face the challenges of an ageing workforce? I don't think | 0:44:13 | 0:44:16 | |
they got to grips with this yet but I think it is a timebomb that will | 0:44:16 | 0:44:23 | |
hit them because soon... In 2020, 36 % of the workforce is going to | 0:44:23 | 0:44:33 | |
0:44:33 | 0:44:39 | ||
be over 50! Some employers will employ people my age because they | 0:44:39 | 0:44:44 | |
understand how we work. A lot of the new, up and you coming young | 0:44:44 | 0:44:50 | |
lads who are opening up firms, they have never had any real dealings | 0:44:50 | 0:44:56 | |
with guys my age and what he can achieve. Age UK claim that many | 0:44:56 | 0:45:00 | |
older workers experienced age discrimination. Retirement experts | 0:45:00 | 0:45:07 | |
say we are facing a social revolution and mustard up. And as | 0:45:07 | 0:45:12 | |
for Eurovision, sorry, Hump, but my money's on the babushkas. There is | 0:45:12 | 0:45:17 | |
hope for us all! I am pleased to say that since she completed that | 0:45:17 | 0:45:24 | |
report, Tony Levey has found a job at a local school. Well done. Maybe | 0:45:24 | 0:45:27 | |
you will encourage thousands of others who have not been quite so | 0:45:27 | 0:45:32 | |
successful yet. Looking at that film, you get a picture of a | 0:45:32 | 0:45:35 | |
society that is shockingly and prepared for this. During your time | 0:45:36 | 0:45:40 | |
in government, Gordon Brown's raid on the pension funds didn't help. | 0:45:40 | 0:45:47 | |
It's a ropy inheritance. That's not true because those changes were | 0:45:47 | 0:45:49 | |
offset by corporation tax cuts. Everybody agrees people will have | 0:45:49 | 0:45:54 | |
to work longer but how do we manage that? And how do we afforded? | 0:45:54 | 0:46:00 | |
government has a crude way of looking at this. The government has | 0:46:00 | 0:46:03 | |
put in the retirement age up but you have to look at the sort of | 0:46:03 | 0:46:07 | |
jobs people are doing. At 71 year- old woman was doing back-breaking | 0:46:07 | 0:46:11 | |
work which is a different job to one like mine or somebody working | 0:46:11 | 0:46:15 | |
in an office. You've worked in industry see you know how people's | 0:46:15 | 0:46:19 | |
careers can evolve and their attitudes change over time. They do. | 0:46:19 | 0:46:23 | |
This has been a ticking timebomb for many years. To be honest, no | 0:46:23 | 0:46:27 | |
government has done anything about it. We have not all of a sudden | 0:46:27 | 0:46:31 | |
started to live longer. This has been coming for many years. | 0:46:31 | 0:46:34 | |
Governments of all persuasions have failed to tackle this. We cannot | 0:46:34 | 0:46:39 | |
put it off any longer. We are also starting work later. We used to | 0:46:39 | 0:46:44 | |
start work at 14. People's often don't start work until 22 which is | 0:46:44 | 0:46:53 | |
how we end up with the figures. is a challenge for all of us. But | 0:46:53 | 0:46:57 | |
be raised with the way, and that has arisen as a result of my block | 0:46:57 | 0:47:04 | |
this week. The reason in a number of the factory workers took up the | 0:47:04 | 0:47:07 | |
offer of state-owned pensions is because most people realise what a, | 0:47:07 | 0:47:11 | |
they are. If it is not the Government changing the goalposts, | 0:47:11 | 0:47:15 | |
it's the possibility the employee will raid for funds. Pensions are | 0:47:15 | 0:47:22 | |
worthless! What do you say to that? We've all got to make proper | 0:47:22 | 0:47:26 | |
provision for our retirement. The other interesting thing I picked up | 0:47:26 | 0:47:33 | |
on was the age profile of the workforce. You see lots of people | 0:47:33 | 0:47:36 | |
in the 50s and coming up to retirement and there is a challenge | 0:47:36 | 0:47:41 | |
about how we are encouraging people to think about careers in | 0:47:41 | 0:47:49 | |
manufacturing. There are good, strong solid careers in these areas. | 0:47:49 | 0:47:53 | |
On the evidence so far, most debar not making the sort of provision | 0:47:53 | 0:48:02 | |
Ian is talking about. -- Most people are not making. Older people | 0:48:02 | 0:48:07 | |
are reliable, turn up for work every day and so on. There is a | 0:48:07 | 0:48:10 | |
blockage of career opportunities for younger people. I don't think | 0:48:10 | 0:48:17 | |
so. Better off older people put more money back into the economy. I | 0:48:17 | 0:48:27 | |
don't agree that by retiring people you boost the economy, you don't. | 0:48:27 | 0:48:32 | |
The fundamental for you guys is that it is for the electorate | 0:48:32 | 0:48:42 | |
decide who you -- when you retire! We haven't got a job for life. We | 0:48:42 | 0:48:45 | |
are right there all the time tried in people's trust. People know that | 0:48:45 | 0:48:49 | |
changes have to be made and we you put that to them. I'm sure they | 0:48:49 | 0:48:57 | |
will respond in the right way. Now to our regular round-up of the | 0:48:57 | 0:49:05 | |
political week in the Midlands in just 60 seconds. | 0:49:05 | 0:49:07 | |
14-year-old Matthew Clarke from Shropshire was one of 800 Olympic | 0:49:07 | 0:49:10 | |
torch bearers announced for the Midlands this week. It's hoped the | 0:49:10 | 0:49:14 | |
relay will generate millions for tourism. Gypsies living in Meriden | 0:49:14 | 0:49:17 | |
went to the High Court to try and overturn a ruling they're on their | 0:49:17 | 0:49:25 | |
site illegally. The embattled Cannock MP Aiden Burley introduced | 0:49:25 | 0:49:27 | |
a bill to get heavier motorised wheelchairs allowed onto pavements, | 0:49:27 | 0:49:32 | |
so disabled children can use the latest technology. The Road Traffic | 0:49:32 | 0:49:37 | |
Act categorises technologically advanced wheelchairs as cars which | 0:49:37 | 0:49:45 | |
can only be driven legally by over 17 to hold a driving licence. | 0:49:46 | 0:49:48 | |
is the shared space scheme in Coventry where traffic lights have | 0:49:48 | 0:49:51 | |
been removed to improve the flow of cars. But campaigners in Leek want | 0:49:52 | 0:49:54 | |
a public enquiry before they agree to having one too. And | 0:49:54 | 0:49:57 | |
controversial plans for a �22 million wind farm near the | 0:49:57 | 0:49:59 | |
Stiperstones are under now review. Two of the landowners have pulled | 0:50:00 | 0:50:09 | |
0:50:10 | 0:50:11 | ||
out of the scheme. Sustainable energy, it's the sort | 0:50:11 | 0:50:16 | |
of thing everybody signs up to in principle but in practice, not in | 0:50:16 | 0:50:23 | |
my backyard! We've got to decide which sort of energy you want. Wind | 0:50:23 | 0:50:27 | |
farms are intermittent. They don't produce energy when the wind is not | 0:50:27 | 0:50:31 | |
blowing. Whether they are worth an investment, I'm not sure. There are | 0:50:31 | 0:50:37 | |
better systems than wind farms. They are supposedly... Are you | 0:50:37 | 0:50:47 | |
0:50:47 | 0:50:48 | ||
going cool on the environment? think they were surprised that the | 0:50:48 | 0:50:51 | |
initial take-up of that scheme but I think solar power has a big | 0:50:51 | 0:50:54 | |
future. The sun is there and provides a lot of energy. We can | 0:50:54 | 0:50:59 | |
use it from more than we do. We are nowhere where we need to be. | 0:50:59 | 0:51:02 | |
cycle which is good for the environment. What more can | 0:51:02 | 0:51:08 | |
politicians do to give a lead? think we have to seize this. The | 0:51:08 | 0:51:12 | |
low carbon economy is going to create many well-paid jobs over the | 0:51:12 | 0:51:16 | |
next few decades and if we make the right decisions now, we can make | 0:51:16 | 0:51:18 | |
sure we bring those jobs to areas like mine and the Black Country | 0:51:18 | 0:51:22 | |
that are crying out for well-paid, high-skill jobs for the future. I'm | 0:51:22 | 0:51:29 | |
excited about this. The company in my constituency produces Barings | 0:51:29 | 0:51:38 | |
That's all from us. My thanks to Laurence Robertson and Ian Austin. | 0:51:38 | 0:51:41 |