Browse content similar to 02/10/2016. Check below for episodes and series from the same categories and more!
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This programme contains some flashing images. | :00:07. | :00:09. | |
We're live from sunny Birmingham on day one of | :00:10. | :00:11. | |
the Conservative Party Conference, where, three months after Britain | :00:12. | :00:13. | |
voted to leave the European Union, the Prime Minister has given | :00:14. | :00:16. | |
us her first inkling of how she plans to do it. | :00:17. | :00:52. | |
Morning, folks - welcome to the Sunday Politics. | :00:53. | :00:56. | |
Theresa May says she will trigger Article 50, starting the two year | :00:57. | :00:58. | |
process of negotiations that will culminate in Britain | :00:59. | :01:00. | |
leaving the EU, before the end of March next year. | :01:01. | :01:04. | |
So Brexit by Easter 2019 - but what kind of relationship | :01:05. | :01:06. | |
A Great Repeal Bill will also be voted on next Spring, | :01:07. | :01:14. | |
but won't be enacted until we leave, at which point EU laws will be | :01:15. | :01:19. | |
And what do Conservative MPs want to hear from their new leader? | :01:20. | :01:35. | |
We catch up with a Brexiteer and a Remainer as they pack | :01:36. | :01:38. | |
In the capital, if London was defined by the conservatism of the | :01:39. | :01:47. | |
Notting Hill set, what now? We explore the potential rise of Sidcup | :01:48. | :01:48. | |
Man. So far no Great Repeal Act to get | :01:49. | :01:52. | |
rid of the Sunday Politics Panel - Steve Richards, Rachel Sylvester | :01:53. | :01:59. | |
and Tom Newton Dunn. It's 100 days since we voted | :02:00. | :02:06. | |
to leave the EU and the clamour has grown for the Government to tell us | :02:07. | :02:09. | |
what Brexit would look like. This morning, as the Tory faithful | :02:10. | :02:12. | |
gather in Birmingham, we still don't expect to be told | :02:13. | :02:17. | |
what Brexit means but we do know more about the timetable | :02:18. | :02:21. | |
and the extrication process. A Bill will go before parliament | :02:22. | :02:23. | |
this spring to repeal the 1972 European Communities Act, | :02:24. | :02:26. | |
which legalised our membership But it won't actually come | :02:27. | :02:28. | |
into force until we leave. Theresa May also told | :02:29. | :02:38. | |
the Andrew Marr Show that Article 50 would be invoked | :02:39. | :02:40. | |
by March of next year - starting the two year process | :02:41. | :02:43. | |
of renegotiation before we leave. I have been saying we would not | :02:44. | :02:53. | |
trigger it before the end of this year, so that we get confirmation in | :02:54. | :02:57. | |
place. I will be saying in my speech today that we will trigger before | :02:58. | :03:01. | |
the end of March next year. The remaining members of the EU have to | :03:02. | :03:04. | |
decide what the process of negotiation is. I hope, and I will | :03:05. | :03:08. | |
be saying to them, that now they know what the time is going to be, | :03:09. | :03:12. | |
it is not an exact date, but they know it will be the first quarter of | :03:13. | :03:18. | |
next year, that we will be able to have some preparatory work so that | :03:19. | :03:21. | |
once the trigger comes we have a smoother process of negotiation. | :03:22. | :03:25. | |
Theresa May, on this channel, just over an hour ago. What do you make | :03:26. | :03:30. | |
of it? Saggy as you said, we know more about when but we don't know | :03:31. | :03:33. | |
what Brexit is going to be. We don't know how the relationship will work | :03:34. | :03:39. | |
out, we don't know what the Prime Minister's negotiation position will | :03:40. | :03:42. | |
be, we haven't worked out anything about the free market access and | :03:43. | :03:46. | |
freedom of movement. All of the substance. It is a significant | :03:47. | :03:49. | |
announcement but we don't actually know anything really big about what | :03:50. | :03:53. | |
our lives are going to be like in future. Is there a risk from the | :03:54. | :03:58. | |
Prime Minister? Is there a risk putting this before Parliament to | :03:59. | :04:04. | |
repeal the 1972 Communities Act? Undoubtedly. Anything you put before | :04:05. | :04:13. | |
the House of Commons or the House of Lords, where there is no Tory | :04:14. | :04:15. | |
majority, let alone a Brexit majority, risks getting amended. She | :04:16. | :04:20. | |
runs the risk. There is also a risk of not saying this, not having the | :04:21. | :04:24. | |
greater appeal, which is actually a great repeal act, when is being | :04:25. | :04:33. | |
repealed, but she needed to throw the Tory right red meat, and they | :04:34. | :04:37. | |
got it this morning. There is always the potential of a constitutional | :04:38. | :04:43. | |
crisis. If the Lords were to dig in over this, or even digging over | :04:44. | :04:48. | |
Article 50, demand a vote on that, lawyers are arguing whether you need | :04:49. | :04:51. | |
it or not, it may not be plain sailing when you have a majority of | :04:52. | :04:56. | |
12? It definitely isn't going to be with a majority of 12. The scope for | :04:57. | :05:02. | |
constitutional crisis is many. Clashes with the Lords, clashes with | :05:03. | :05:06. | |
the Commons, Scotland is still there in the background allows a | :05:07. | :05:12. | |
significant factor. It will always be there, but perhaps in a different | :05:13. | :05:16. | |
context. I don't think this will be the trigger for a constitutional | :05:17. | :05:22. | |
crisis. You have to admire the elegant choreography. I was told | :05:23. | :05:26. | |
ages ago that she knew she could not keep carry on saying Brexit means | :05:27. | :05:30. | |
Brexit, there will have to be new lines. This is beautiful. We kind of | :05:31. | :05:35. | |
knew that Article 50 was going to be triggered early in next year. David | :05:36. | :05:39. | |
Davis even said that. It was a fair bet it would be before Easter. They | :05:40. | :05:44. | |
couldn't spend the next two years negotiating Brexit and refocusing | :05:45. | :05:50. | |
the entire legislative programme to spend the next two years rejigging | :05:51. | :05:53. | |
the mountain of legislation we are affected with. They have turned a | :05:54. | :05:57. | |
logistical, unavoidable inevitability into a sense of | :05:58. | :06:01. | |
momentum this weekend. Very clever presentation. There are going to be | :06:02. | :06:09. | |
huge crises to come over this. Picking off the 1972 Act, putting it | :06:10. | :06:15. | |
all into British law and legislation, rather than dependent | :06:16. | :06:20. | |
on Europe, that is what the Brexiteers wanted. To that extent, | :06:21. | :06:25. | |
she has thrown them a bit of red meat today? Yes, but we still don't | :06:26. | :06:29. | |
know what Brexit is going to be. But a bit of red meat keeps you going | :06:30. | :06:35. | |
for a while. Maybe get them through to lunch time. Today or tomorrow? | :06:36. | :06:43. | |
Really just today. The tactic is to get some stuff about Brexit out, get | :06:44. | :06:47. | |
them talking about that and then move onto agenda she wants, | :06:48. | :06:53. | |
domestic. What do you think? Good luck with that! Are you reading my | :06:54. | :07:01. | |
script coming up? It was on the autocue, I'm sorry! Clearly, she is | :07:02. | :07:05. | |
accessed about not making his premiership all about Brexit. It | :07:06. | :07:10. | |
will be, but she is desperate. She needs to define herself away from | :07:11. | :07:15. | |
Brexit, who is Theresa May, what did she really believe? We have heard | :07:16. | :07:18. | |
whispers, but the next few days as a chance to do that. The fringe, Liam | :07:19. | :07:28. | |
Fox is talking at two fringes. Two opportunities for a story. David | :07:29. | :07:32. | |
Davis as well. These two men of great talent and potentially great | :07:33. | :07:35. | |
ego, they will not be able to stop themselves having feelings heard. | :07:36. | :07:43. | |
And Boris. Boris who? I have not seen him on the fringes. Fringe | :07:44. | :07:47. | |
meetings have been quite dull at party conferences recently. Because | :07:48. | :07:51. | |
of this issue, I think people are going to pack them out. That is | :07:52. | :07:56. | |
where words might be said, explosive words. We live for fringe meetings! | :07:57. | :07:59. | |
The PM hopes her announcement will deal with Brexit on day one | :08:00. | :08:02. | |
so the conference can get on to talk about other matters. | :08:03. | :08:04. | |
But as you can see from this not so slim tome - the conference guide- | :08:05. | :08:14. | |
there are plenty of other issues to talk, maybe even argue about. | :08:15. | :08:19. | |
Our Ellie caught up with two Tory MPs from different sides | :08:20. | :08:21. | |
of the party before they set off, to see what they think lies in store | :08:22. | :08:25. | |
# Just can't wait to get on the road again | :08:26. | :08:34. | |
# The life I love is making music with my friends | :08:35. | :08:38. | |
# And I can't wait to get on the road again...# | :08:39. | :08:43. | |
Do you actually enjoy going to conference? | :08:44. | :08:45. | |
It's not as much fun as when you're not an MP, | :08:46. | :08:49. | |
because now people want to talk to you and everybody | :08:50. | :08:52. | |
But do you make contacts, do you network? | :08:53. | :08:57. | |
Do think Theresa May gets nervous about conference, | :08:58. | :09:01. | |
I think if you are performing on a big stage, whoever you are, | :09:02. | :09:06. | |
you ought to have a few nerves jangling around. | :09:07. | :09:08. | |
But she's a polished performer, I'm sure she'll know | :09:09. | :09:11. | |
Theresa May will also know she has several contentious issues she needs | :09:12. | :09:16. | |
It is perhaps not surprising, then, that day one of | :09:17. | :09:20. | |
We're pretty well balanced between those of us like myself, | :09:21. | :09:30. | |
representing constituencies with really high levels | :09:31. | :09:31. | |
of research, science and agriculture, who will be very | :09:32. | :09:33. | |
keen, but probably pragmatically understanding that we are not | :09:34. | :09:36. | |
going to hear everything tomorrow, and the rest | :09:37. | :09:38. | |
of the party who are just desperate for information. | :09:39. | :09:42. | |
If they don't think the deal is going in the right way, | :09:43. | :09:46. | |
they will want to say something about it. | :09:47. | :09:48. | |
I think the time frame is pretty clear. | :09:49. | :09:50. | |
We are going to trigger Article 50 at some point relatively | :09:51. | :09:53. | |
That means we will get the negotiations done a good year | :09:54. | :09:57. | |
The rest is going to be important meat on the bones. | :09:58. | :10:00. | |
But, in terms of the core strategy, Theresa May goes into this | :10:01. | :10:03. | |
So, a unified front, albeit perhaps fragile. | :10:04. | :10:06. | |
But then there is the question of grammar schools. | :10:07. | :10:10. | |
Depends whether we hear more about it. | :10:11. | :10:13. | |
You know, the concept in its one-dimensional sense, | :10:14. | :10:15. | |
you can't have a problem with that, can you? | :10:16. | :10:20. | |
Giving parents choice, giving bright children the chance | :10:21. | :10:22. | |
But, for me, for many of us, it has to be a package | :10:23. | :10:26. | |
Our teachers are pretty stressed and overworked | :10:27. | :10:28. | |
I'm not actually sure this is the right time. | :10:29. | :10:32. | |
I would rather see emphasis being put on fairer funding. | :10:33. | :10:35. | |
Constituencies like mine have been underfunded for decades. | :10:36. | :10:37. | |
If you go into politics and government scared | :10:38. | :10:39. | |
of your own shadow, unprepared to do anything bold or brave, | :10:40. | :10:41. | |
I think there is no risk-free option. | :10:42. | :10:46. | |
Of course, people have different views on grammar schools | :10:47. | :10:48. | |
and it is a totemic political issue as well. | :10:49. | :10:50. | |
But I think if you read the green paper, the Prime Minister has set | :10:51. | :10:54. | |
out a very sensible, carefully calibrated approach, | :10:55. | :10:56. | |
not just to grammar schools but the wider | :10:57. | :10:57. | |
The new PM also faces big strategic decisions on expensive projects | :10:58. | :11:05. | |
like airport expansion, an area even her Cabinet | :11:06. | :11:07. | |
With all these big infrastructure projects, HS2, Heathrow, | :11:08. | :11:13. | |
issues around fracking, nuclear as well, I think we have got | :11:14. | :11:16. | |
to take the right decisions for the country, make sure Britain | :11:17. | :11:18. | |
Each one of those is thorny in its own right. | :11:19. | :11:25. | |
But what I think is most important is we look at it very carefully, | :11:26. | :11:28. | |
That is where we all start to see the metal in Theresa, | :11:29. | :11:32. | |
Whilst on the one hand, having a Prime Minister - | :11:33. | :11:37. | |
nobody could have been more delighted than me that we managed | :11:38. | :11:40. | |
to cut the tax credits changes - but having a Prime Minister | :11:41. | :11:42. | |
that sticks to her guns, I'm not for U-turning, | :11:43. | :11:44. | |
How confident are you, going to this conference, | :11:45. | :11:50. | |
that it is all going to be sorted and you are going to be | :11:51. | :11:53. | |
Well, people predicted an economic nosedive after the referendum. | :11:54. | :11:57. | |
People said there would be political chaos. | :11:58. | :11:59. | |
Actually, the economy has proved resilient. | :12:00. | :12:01. | |
I think there is a sense of resolve on all sides of the party | :12:02. | :12:09. | |
on all of these different issues to get behind this Prime Minister | :12:10. | :12:12. | |
Last year, you got into a bit of trouble, being quite vocal | :12:13. | :12:17. | |
Some suggestion you weren't a proper conservative. | :12:18. | :12:20. | |
I think I am absolutely a proper conservative. | :12:21. | :12:23. | |
I think my party needed reminding what conservative was. | :12:24. | :12:27. | |
Our job is to help people who need a leg up. | :12:28. | :12:29. | |
Her opening speech in Downing Street told me she absolutely is. | :12:30. | :12:38. | |
Like all of these things, we will hear more about this week. | :12:39. | :12:41. | |
# And I can't wait to get on the road again. # | :12:42. | :12:52. | |
And we're joined now by the Transport Secretary, | :12:53. | :12:54. | |
who was a leading Leave campaigner, Chris Grayling. | :12:55. | :13:00. | |
Welcome back to the programme. The great repeal act, what exactly does | :13:01. | :13:10. | |
it repeal? It repeal the 1972 European Communities Act. It means | :13:11. | :13:13. | |
the European Court of Justice no longer has sway in the United | :13:14. | :13:16. | |
Kingdom. It means the European Commission and Parliament no longer | :13:17. | :13:21. | |
make laws for us. As of today, in our system, European law is supreme | :13:22. | :13:26. | |
over UK law, and it repeal that. Except what it does is it | :13:27. | :13:29. | |
consolidates all existing European legislation into British law. It | :13:30. | :13:33. | |
would be more accurate to call it the great Consolidation act? Is This | :13:34. | :13:38. | |
is what I argued for during the League campaign. The remaining | :13:39. | :13:41. | |
campaign said you could not do it, it will take years, it will be a | :13:42. | :13:46. | |
disaster. My response then is what it is now, the best way to do it is | :13:47. | :13:50. | |
to consolidate existing legislation, much of which we will want to keep, | :13:51. | :13:56. | |
the environmental measures, the workers' rights measures, what we | :13:57. | :13:59. | |
want to do is to make sure we can get certainty before the event and | :14:00. | :14:03. | |
after the event, for workers, businesses, but what the legal | :14:04. | :14:07. | |
position will be. Over time, we have the freedom, outside the European | :14:08. | :14:11. | |
Union, free from the control of the European Court, to change our legal | :14:12. | :14:14. | |
system in the way that we want. It does mean we would leave the EU with | :14:15. | :14:19. | |
all of this EU law still part of British law. Now, what would you | :14:20. | :14:26. | |
wish to change in the aftermath? There is a whole variety of | :14:27. | :14:29. | |
different things we will be looking at a change. For example, if you | :14:30. | :14:33. | |
want a practical one, it is unlikely that after we have left the European | :14:34. | :14:37. | |
Union we will still be paying child benefits to children that have never | :14:38. | :14:40. | |
even entered the United Kingdom. That is the kind of thing we will be | :14:41. | :14:44. | |
free to change after we have left. What else? Much of it we will want | :14:45. | :14:48. | |
to keep, environmental measures, not all that has been done in the | :14:49. | :14:52. | |
European Union for 40 years has been bad for Britain. How long will it | :14:53. | :14:56. | |
take to pick all of this after we leave? Will be down to the | :14:57. | :15:01. | |
Government to decide... Ten years? 20 years? It will take it as long as | :15:02. | :15:07. | |
we choose. What is right and proper is that on the day after there is a | :15:08. | :15:11. | |
degree of certainty for businesses. It would not be fair for a company | :15:12. | :15:15. | |
to be operating under a set of rules, for there to be a cliff edge | :15:16. | :15:18. | |
where they do not know what is going to happen the day after. Let's make | :15:19. | :15:25. | |
it an evolution, not a revolution. A lot of the things you have to agree | :15:26. | :15:28. | |
to enter negotiations mean it will have to remain law even after we | :15:29. | :15:32. | |
leave? This clearly the case that if a business in this country is | :15:33. | :15:35. | |
continuing to sell a product in the European Union, it will have to make | :15:36. | :15:38. | |
the standards of the European Union. Those rules will apply. That is the | :15:39. | :15:43. | |
same if we're selling to the United States, the rules of the United | :15:44. | :15:46. | |
States would apply to a business planning to sell a product there. | :15:47. | :15:54. | |
What happens if you lose the vote? It is inconceivable that Parliament | :15:55. | :15:57. | |
can look at the view of the British public and ignore it. Parliament | :15:58. | :16:02. | |
voted overwhelmingly for the referendum to take place in the | :16:03. | :16:04. | |
first place, the people have given a mandate and I am certain Parliament | :16:05. | :16:06. | |
will fulfil it. What would happen? You have a | :16:07. | :16:16. | |
majority of only 12 and there was a majority for remain in the Commons | :16:17. | :16:22. | |
and there is a large majority in the house of lords. If the parliament | :16:23. | :16:27. | |
does not seamlessly agree for what you call the great repeal act, what | :16:28. | :16:32. | |
would happen? Both houses are full of Democrats and they will respect | :16:33. | :16:40. | |
the will of the people. But we could be faced with a constitutional | :16:41. | :16:46. | |
crisis? We have taken the decision to leave and parliament voted for | :16:47. | :16:50. | |
the referendum and it is inconceivable that Parliament would | :16:51. | :16:54. | |
not allow that process to go forward. If the inconceivable | :16:55. | :17:04. | |
happen, you'd have to cores and -- call an election. Inconceivable is a | :17:05. | :17:10. | |
bit of a stretch. Plenty of voices, particularly in the House of Lords, | :17:11. | :17:20. | |
would use this as a an opportunity to thwart you. And I don't think the | :17:21. | :17:26. | |
House of Lords will turn around and say we should not fulfil that. There | :17:27. | :17:30. | |
may be dissenting voices but they will view it as a democratic mandate | :17:31. | :17:35. | |
that we have to fulfil. Has your party don soundings in the Commons | :17:36. | :17:40. | |
to make sure you can get this through? I've not been involved in | :17:41. | :17:45. | |
that discussion but parliament will respond to the will of the people. | :17:46. | :17:50. | |
That's the way this country works. That's what you hope. We shall see | :17:51. | :17:58. | |
how it works. We've been told by the Prime Minister this morning that | :17:59. | :18:01. | |
article 50 will be triggered by the end of March. That means that we are | :18:02. | :18:08. | |
out by Easter 2019. Can you confirm that those British members of the | :18:09. | :18:12. | |
European Parliament currently in Strasberg, there will be no more for | :18:13. | :18:20. | |
them after this. If we have left by the end of the two-year period. It | :18:21. | :18:25. | |
is technically possible to extend it. After that period, there | :18:26. | :18:28. | |
wouldn't be EP is after that point in 2019. -- MEPs. For Brexit to mean | :18:29. | :18:49. | |
Brexit, the famous phrase, which is basically tautology. It would mean | :18:50. | :18:52. | |
the freedom to have our own trade laws. It would mean the ability to | :18:53. | :19:01. | |
do that? You are leading me to answer questions about the specific | :19:02. | :19:09. | |
legal structures. It means our own free-trade deals? Correct. It would | :19:10. | :19:18. | |
mean we are no longer subject to the rules of the European Court of | :19:19. | :19:29. | |
Justice. Also correct. And we would have whatever control we desire over | :19:30. | :19:33. | |
immigration? The Prime Minister has been clear that we need to control | :19:34. | :19:36. | |
the flow of immigration into the country. Any of these counts as out | :19:37. | :19:42. | |
from being a member of the single market. So can we agree that there | :19:43. | :19:49. | |
is no way we can remain a member of the single market? There is no such | :19:50. | :19:53. | |
thing as a member of the single market. There are a number of | :19:54. | :19:56. | |
different trading agreements within the EU. We are effectively a member | :19:57. | :20:02. | |
of the single market now but we can't be after this. The question | :20:03. | :20:10. | |
you have asked me, do we want to be Norway, Switzerland, Canada when it | :20:11. | :20:14. | |
comes to trading arrangements? We want to be the United Kingdom. We | :20:15. | :20:18. | |
are the biggest customer of German car-makers, French farmers... I | :20:19. | :20:25. | |
don't want to have the referendum fight again. It seems as black as | :20:26. | :20:31. | |
black or as White is white that if you want all of that we cannot be a | :20:32. | :20:36. | |
member, we can have access on terms yet to be agreed, we will have a | :20:37. | :20:41. | |
relationship, but why cannot you say that we won't be a member in the way | :20:42. | :20:45. | |
that we are currently a member of the single market? We won't be a | :20:46. | :20:51. | |
member of the European Union but there is no such thing as a member | :20:52. | :20:57. | |
of the single market. There is no single market in services, for | :20:58. | :21:03. | |
example. There is but it is not as developed as goods. I believe we | :21:04. | :21:07. | |
will end up with a trading partnership with the European Union | :21:08. | :21:10. | |
on terms to be agreed that will work for both of us. Access but not | :21:11. | :21:17. | |
membership. You cannot be a fully paid-up member of the single market | :21:18. | :21:21. | |
without the European Court of Justice ruling on it and you don't | :21:22. | :21:25. | |
want that. I don't understand your problem. Your pre-merging -- | :21:26. | :21:34. | |
prejudging the outcome of negotiations. We want the best | :21:35. | :21:38. | |
possible trading arrangements with European neighbours and that is what | :21:39. | :21:41. | |
we will work towards. Where different to the other countries | :21:42. | :21:47. | |
that have been involved in these negotiations before. We have heard | :21:48. | :21:51. | |
all that before in the referendum and we wanted some clarity on what | :21:52. | :21:55. | |
it would mean. Transport, when will you give is the decision on runway | :21:56. | :22:01. | |
expansion? I'm not going to set a date today. I've spent the summer | :22:02. | :22:05. | |
looking at the three different options. We have three very well | :22:06. | :22:09. | |
presented packages. The airport commission has looked at it | :22:10. | :22:12. | |
carefully and the Prime Minister and I want to understand the options in | :22:13. | :22:16. | |
detail and understand the strengths and weaknesses of each and we will | :22:17. | :22:22. | |
reach our decision shortly. I'm not going to set a date on it. Shortly | :22:23. | :22:30. | |
means in this year, surely. I don't want to wait unnecessarily long to | :22:31. | :22:34. | |
take the decision but nor do I want to set a date so to to work towards | :22:35. | :22:42. | |
that. Will there be a free vote? I need to identify the best option for | :22:43. | :22:46. | |
Britain and take the best possible approach to get the support of | :22:47. | :22:51. | |
parliament Porritt. Will there be a free vote? Decisions have not been | :22:52. | :22:59. | |
taken but we will do the best for the interests of the country. | :23:00. | :23:07. | |
Theresa May has said the options for an expansion to Heathrow are | :23:08. | :23:15. | |
seriously flawed. Philip Hammond has described the Heathrow option as | :23:16. | :23:19. | |
dead as a Norwegian parrot. Can you be sure that the Prime Minister and | :23:20. | :23:22. | |
Anna Chancellor will vote for your proposal? We are looking at three | :23:23. | :23:28. | |
options that are very new. One of them is Heathrow. Warrant -- they | :23:29. | :23:38. | |
are very different options to what has been proposed in the past. They | :23:39. | :23:43. | |
are all very well crafted proposals. They are interesting and have | :23:44. | :23:48. | |
potential and we need to decide. That is why I am asking you. HS2, | :23:49. | :23:56. | |
high-speed train, can you state categorically it will go ahead? It's | :23:57. | :24:01. | |
due to start construction in the spring. The hybrids Bill Haas to | :24:02. | :24:05. | |
continue its passage through the house of law -- the hybrid Bill Haas | :24:06. | :24:15. | |
to continue through its passage in the house of lords. Will it be 2026? | :24:16. | :24:29. | |
Will it be on-time and on budget? The select committee of MPs said it | :24:30. | :24:34. | |
is unlikely and will certainly be over budget. I expected be | :24:35. | :24:47. | |
absolutely clear and on -- expected to be absolutely on-time and on | :24:48. | :24:52. | |
budget. The latest estimate for phase one, the core cast is ?14 | :24:53. | :24:57. | |
billion but there is contingency on top of that. How much? It is set to | :24:58. | :25:06. | |
Treasury rules. It is always going to be over. If you really believed | :25:07. | :25:12. | |
in the Northern powerhouse wouldn't this money be better spent instead | :25:13. | :25:20. | |
of making it quicker to come to and Birmingham from London in under 90 | :25:21. | :25:25. | |
minutes, which you already can, wouldn't it be better to spend the | :25:26. | :25:30. | |
money on state of the art road links between East and West in the north. | :25:31. | :25:46. | |
I think we need to do both. We can't get more freight onto rail without | :25:47. | :25:52. | |
creating more space. By taking fast trains off the West Coast main line | :25:53. | :25:58. | |
which is already busy and put fast freight trains onto the new route, | :25:59. | :26:04. | |
you create more capacity for places like Milton Keynes Dons Northampton, | :26:05. | :26:07. | |
Coventry. It is about making sure we have a transport system that can | :26:08. | :26:13. | |
cope with the demands of the 21st-century. Thank you very much. | :26:14. | :26:16. | |
Now, as we speak, voters in Hungary are going to the polls to vote | :26:17. | :26:20. | |
on whether to accept mandatory EU quotas for relocating migrants. | :26:21. | :26:22. | |
The country's government has been campaigning for voters to reject | :26:23. | :26:25. | |
the EU's proposals and has run a highly controversial campaign, | :26:26. | :26:27. | |
accusing migrants of terrorism and crime - and the Prime Minister | :26:28. | :26:30. | |
Viktor Orban has said today he'll quit if the country votes | :26:31. | :26:32. | |
In response to the ongoing migrant crisis, the EU wants to establish | :26:33. | :26:37. | |
a permanent European resettlement programme, under which, | :26:38. | :26:39. | |
member states must take their fair share of asylum seekers, | :26:40. | :26:41. | |
depending on the size of each country's population and economy. | :26:42. | :26:45. | |
If countries refuse, the European Commission has proposed | :26:46. | :26:47. | |
that they would incur a financial penalty of 250,000 euros per person, | :26:48. | :26:52. | |
to cover the cost of another country taking them. | :26:53. | :26:57. | |
Hungarian Foreign Minister Peter Szijjarto said the plan | :26:58. | :26:59. | |
Last year, Hungary rejected an emergency EU plan that would have | :27:00. | :27:04. | |
seen tens of thousands of refugees transferred out of the country | :27:05. | :27:08. | |
in return for accepting a quota of almost 1300 refugees | :27:09. | :27:11. | |
As an EU border country, Hungary has received 18,500 | :27:12. | :27:17. | |
In 2015, it received the most asylum applications relative | :27:18. | :27:24. | |
to its population of any EU state - 1800 for every 100,000 local people, | :27:25. | :27:29. | |
though the majority of those then travelled onwards to other | :27:30. | :27:32. | |
Although the referendum result will have no affect | :27:33. | :27:39. | |
on the EU's decision, the Hungarian government hopes | :27:40. | :27:41. | |
the weight of public opinion will help it resist the plans, | :27:42. | :27:44. | |
running a very controversial referendum campaign. | :27:45. | :27:47. | |
For example, this poster saying migrants carried out | :27:48. | :27:49. | |
We're joined now from Budapest by our Correspondent, Nick Thorpe. | :27:50. | :27:57. | |
I understand that the polls are pretty clear that the government | :27:58. | :28:05. | |
will win this referendum but it needs a turnout of at least 50% for | :28:06. | :28:10. | |
it to matter. What indication of turnout so far? As of 11am, turnout | :28:11. | :28:21. | |
was just over 16% of the electorate. We have an electrode of 8.3 million, | :28:22. | :28:26. | |
the government is campaigning strongly for a no vote. The | :28:27. | :28:32. | |
government have framed the question in such a way that it is hard to | :28:33. | :28:38. | |
vote, yes, we do want this imposed on us. The issue of turnout is | :28:39. | :28:50. | |
important because the opposition have campaigned not to vote or to | :28:51. | :28:58. | |
spoil votes. Even if the government wins on the numbers, if more people | :28:59. | :29:03. | |
vote against the quotas, is it a symbolic defeat for the government | :29:04. | :29:09. | |
if that was to happen? Some people will argue it would be a symbolic | :29:10. | :29:16. | |
defeat if they don't get 50%. We've heard that ministers are backing off | :29:17. | :29:21. | |
the whole issue of turnout. They are hoping for at least 3 million people | :29:22. | :29:28. | |
to vote. Even 4 million which would be the 50%, voting no to migrant | :29:29. | :29:34. | |
quotas. They say that all of those votes will give them a strong moral | :29:35. | :29:39. | |
hand. In the words of the Prime Minister, it will sharpen the | :29:40. | :29:42. | |
Hungarian sword in the battles ahead. Thank you very much. | :29:43. | :29:47. | |
Malin Bjork is Swedish MEP and Vice Chair of | :29:48. | :29:50. | |
the Confederal Group of the European United Left | :29:51. | :29:52. | |
Welcome to the programme. The quota system proposed already seem to be | :29:53. | :30:07. | |
dying if the Hungarians vote the way they are expected to today, that | :30:08. | :30:12. | |
will kill it, will it not? I think we should have it as a point of | :30:13. | :30:19. | |
departure whether we have seen that Hungary is a model in any of the | :30:20. | :30:25. | |
fields that we want hungry -- Europe to be. I don't think Hungary is the | :30:26. | :30:31. | |
model. I don't think we should give him the kind of weight that he | :30:32. | :30:36. | |
actually claims. He wants more weight to this referendum. I don't | :30:37. | :30:38. | |
think we should give it to him. It is not just Hungary, is it? There | :30:39. | :30:50. | |
are meant to be 100,000 migrants covered by the quota system, fewer | :30:51. | :30:54. | |
than 5% have been covered by it. It is just not happening, whether | :30:55. | :31:00. | |
Hungary votes for or against? No, it is totally... But that means it is | :31:01. | :31:04. | |
not operational, it is simply not working. There are serious | :31:05. | :31:07. | |
criticisms to have towards implementing partners in this. But I | :31:08. | :31:11. | |
do think when it comes to the political course, Hungary is playing | :31:12. | :31:16. | |
a very dangerous, racist and right nationalist game. I don't think we | :31:17. | :31:21. | |
should adapt to it. If it comes to it, we have to be prepared to be | :31:22. | :31:26. | |
behind those that do not want to be the Europe that is taking | :31:27. | :31:29. | |
responsibility globally. Let me clarify what you mean by that. The | :31:30. | :31:34. | |
Foreign Minister of Luxembourg has already said that Hungary should be | :31:35. | :31:38. | |
expelled from the European Union. Is that what you are saying as well? | :31:39. | :31:45. | |
No, no. You know what I think? As a progressive politician on the left | :31:46. | :31:49. | |
side, I do have a lot of criticisms to the European Union. But there are | :31:50. | :31:54. | |
planets apart from the kind of models that Viktor Orban is trying | :31:55. | :32:00. | |
to build, where he does not respect human rights, laws and media | :32:01. | :32:04. | |
freedoms, and now he attacks refugee rights. Given all of that, let's | :32:05. | :32:09. | |
accept what you say is true about that, others may dispute it, but | :32:10. | :32:14. | |
let's accept that as true, why should Hungary remain a member of | :32:15. | :32:18. | |
the European Union? Well, it is up to each country that has voted to | :32:19. | :32:22. | |
stay, and voted to become members, voting to stay, I don't think Orban | :32:23. | :32:29. | |
has any intention of leaving EU. I think he wants more influence in the | :32:30. | :32:32. | |
EU. I think he wants more influence domestic league through the | :32:33. | :32:35. | |
referendum and more influence in the EU. The question the rest of the | :32:36. | :32:38. | |
countries have to ask themselves is if we are going to give it to him or | :32:39. | :32:43. | |
adapt to his politics in any of these fields he is active in? I | :32:44. | :32:46. | |
think we should make a stand against it. We should have political forces | :32:47. | :32:50. | |
in other countries that have exactly the same kind of agendas, which we | :32:51. | :32:56. | |
don't want to see strengthened. Isn't the problem that may be | :32:57. | :33:00. | |
Hungary is on the trend, and you are not? We have seem the right, some | :33:01. | :33:05. | |
may call it the far right even, on the march in Austria, Poland and in | :33:06. | :33:10. | |
Hungary, even in Germany, with the recent elections in Berlin and | :33:11. | :33:15. | |
Angela Merkel's backyard, even progressive social Democratic | :33:16. | :33:17. | |
Sweden, your third biggest party is now the Sweden, Democrats, a hard | :33:18. | :33:26. | |
right nativist party. Why are forces on the move, and while the forces | :33:27. | :33:31. | |
used and four on the defensive? The more progressive forces, I think | :33:32. | :33:35. | |
they are growing in many countries also, such as Spain, Ireland and | :33:36. | :33:39. | |
other countries. It is not just for the left, it is for the broader | :33:40. | :33:43. | |
political spectrum to counteract nationalist, right-wing and racist | :33:44. | :33:47. | |
forces. We know where they lead, a dead end. It is a challenge in the | :33:48. | :33:52. | |
European countries. Why is Europe going in this direction? In 2016, | :33:53. | :33:56. | |
why are the forces of the rights so strong? To be honest, I think we | :33:57. | :34:06. | |
have to be a little bit more humble and say are we failing people in | :34:07. | :34:10. | |
some way? Yes, austerity policies are not working. Inequalities have | :34:11. | :34:15. | |
grown for over 20 years in Europe. Of course it is a failure. We are | :34:16. | :34:20. | |
capable of saving banks, but not refugees. People see this. It is | :34:21. | :34:24. | |
political failure and I think we have to sit down and create | :34:25. | :34:27. | |
different pacifists. What is happening now is worrying. I see | :34:28. | :34:31. | |
some of the political forces in Europe. -- create different | :34:32. | :34:36. | |
patterns. I see parties in Europe adapting to racism nationalist | :34:37. | :34:45. | |
voices. I think we have to be the different parties that will not | :34:46. | :34:48. | |
adapt to nationalist stories. They paint imaginary enemies. A huge | :34:49. | :34:55. | |
chunk of Hungary's public spending comes from the European Union, net | :34:56. | :35:00. | |
contributors like Sweden and the United Kingdom. If Hungary votes | :35:01. | :35:04. | |
this way, should that continue? Should we continue to bankroll it? | :35:05. | :35:11. | |
The way Europe and the European Union, individual members develop, | :35:12. | :35:14. | |
of course we should lead discussions about money and heel spending to the | :35:15. | :35:20. | |
respect for rule of law, the respect for human rights and the respect for | :35:21. | :35:26. | |
international rights that are being infringed by the Hungarian | :35:27. | :35:29. | |
government. Of course, we have to have such a discussion and it has to | :35:30. | :35:31. | |
be frank. It's just gone 11.35, | :35:32. | :35:34. | |
you're watching the Sunday Politics. We say goodbye to viewers | :35:35. | :35:36. | |
in Scotland who leave us now I think he is going to do | :35:37. | :35:39. | |
a much better job than And we're joined now by the former | :35:40. | :58:47. | |
Work and Pensions Secretary and Leave campaigner, | :58:48. | :59:07. | |
Iain Duncan Smith. it you said we could be out of the | :59:08. | :59:24. | |
European Union by 2018? My senses if you keep their process as simple as | :59:25. | :59:29. | |
possible and don't try to get special pleading and try to be a | :59:30. | :59:32. | |
member of the single market which they are not going to grant you, if | :59:33. | :59:37. | |
you go for a clear and simple position on trade and find an | :59:38. | :59:43. | |
agreement then the more complex issues then disappear. Theresa May | :59:44. | :59:51. | |
has said that when she brings the act forward to repeal the 1972 act, | :59:52. | :59:58. | |
at the same time you binding the European Law and you speed the | :59:59. | :00:03. | |
process up. Keeping it simple, keeping up pace is what we | :00:04. | :00:07. | |
recommended. It allows you to get the end point quicker. | :00:08. | :00:12. | |
You talk about member of the single market, Chris Grayling told me there | :00:13. | :00:18. | |
was no such thing, which slightly puzzled me. You clearly think that | :00:19. | :00:25. | |
there is. What you want, as I understand it, is a free-trade | :00:26. | :00:28. | |
agreement with the European Union. That could not be done by 2018? We | :00:29. | :00:33. | |
want free trade. There are two approaches to getting free trade | :00:34. | :00:35. | |
with the European Union. The first is that you say, OK, in this | :00:36. | :00:42. | |
process, if we sympathise and ask ourselves, if we now have a new | :00:43. | :00:47. | |
relationship, we have left, we want capital goods, we want to access | :00:48. | :00:53. | |
each other's markets, it benefits you more than us, but we are happy | :00:54. | :00:56. | |
not to have tariff barriers on your trade, we have an agreement of no | :00:57. | :01:00. | |
tariff barriers. Financial services are outside, a separate issue, more | :01:01. | :01:06. | |
of a regulatory issue. That is also approaching a deal on equivalence | :01:07. | :01:09. | |
that we could accelerate. The point I am saying is if you do not go down | :01:10. | :01:14. | |
the road trying to nominate individual bits and pieces and say | :01:15. | :01:17. | |
it is a good agreement for us both, you could reach that by agreement. | :01:18. | :01:21. | |
If you don't and you can't, you could fall back on the WTO | :01:22. | :01:27. | |
arrangements and say, well, later on, we will continue that | :01:28. | :01:29. | |
negotiation discussion to decide whether or not we want a free-trade | :01:30. | :01:35. | |
position. If you fall back on that, what you say to the boss of Nissan, | :01:36. | :01:39. | |
who says he will not invest again in this unless the government back row | :01:40. | :01:45. | |
compensates him, he faces tariffs? The answer to that is that first of | :01:46. | :01:49. | |
all I did not believe we will end up in a situation where it is, in any | :01:50. | :01:53. | |
way, a financial benefit for the European Union to want to impose any | :01:54. | :01:58. | |
kind tariff. Right now you are 12% better off anyway. The level of the | :01:59. | :02:04. | |
pound has made it 12% more competitive with European partners, | :02:05. | :02:08. | |
even if you slapped on 10% tariff. It goes up and down, but you asking | :02:09. | :02:13. | |
him to take investment decisions, multi-billion pound decisions, head | :02:14. | :02:17. | |
of Jaguar, saying roughly the same thing, at a time of real | :02:18. | :02:27. | |
uncertainty. Until it is resolved, investment in Britain will slow | :02:28. | :02:31. | |
down, if not dry up? They invest because this is a darn good place to | :02:32. | :02:34. | |
sell your businesses. You heard from the head of the publishing sector in | :02:35. | :02:37. | |
Germany, he said Britain in five years' time will be much more | :02:38. | :02:41. | |
profitable than anywhere else and will be the boom place. Outside the | :02:42. | :02:49. | |
European Union it will be more flexible to set out arrangements. I | :02:50. | :02:52. | |
am with him on this. I was in business before I came into | :02:53. | :02:57. | |
politics. Nobody knows what the future holds for anything. For car | :02:58. | :03:01. | |
makers and others that want to build stuff, they are here because they | :03:02. | :03:05. | |
want a flexible workforce, much lower levels of cost, and a much | :03:06. | :03:11. | |
better contract law base. 85% of Nissan's output goes to the single | :03:12. | :03:15. | |
market. That is right, they also sell here. 15%? You are not suddenly | :03:16. | :03:21. | |
going to meet a massive tariff wall, a closet is not in the interests of | :03:22. | :03:25. | |
the European Union to set up a massive tariffs. Guess who sells | :03:26. | :03:29. | |
more to us than we do to them? The European Union. The Germans | :03:30. | :03:33. | |
themselves are behind-the-scenes talking to us. We had a lot of that | :03:34. | :03:37. | |
during the referendum. Let me move onto some other things. Damian Green | :03:38. | :03:42. | |
is now running your old department. He is scrapping repeated tests for | :03:43. | :03:46. | |
the seriously disabled, people that you know are not going to be able to | :03:47. | :03:53. | |
improve. Why didn't you do that? We wanted to change this, it was a | :03:54. | :03:58. | |
programme given to us by the last Labour government, we did quite a | :03:59. | :04:01. | |
lot to improve it. The big problem, the programme as it exists at the | :04:02. | :04:05. | |
moment, it does not deal with health conditions, it deals with ability to | :04:06. | :04:08. | |
work. That is the problem. If you want to scrap it for people with | :04:09. | :04:12. | |
health conditions, you have to change the criteria by which they | :04:13. | :04:15. | |
are being assessed. That has always been the issue. For disability | :04:16. | :04:28. | |
payments, it is a different matter. They are assessed on their | :04:29. | :04:30. | |
condition. The problem for that... He will stop the assessments of | :04:31. | :04:32. | |
people that are seriously disabled, why didn't you do that? This is not | :04:33. | :04:35. | |
seriously disabled, it is people that suffer from sickness | :04:36. | :04:36. | |
conditions, not necessarily full-time disability. There are two | :04:37. | :04:41. | |
elements. When I was in Government, we have always set out a process | :04:42. | :04:44. | |
that said we needed to change the way the sickness benefit system was | :04:45. | :04:50. | |
assessed. That was so you could rule out conditions, some progressive, | :04:51. | :04:53. | |
some absolute, on a medical basis, on the approval of the Health | :04:54. | :04:58. | |
Service, so they would say this is a condition that will change, it will | :04:59. | :05:01. | |
mean they cannot work now but they might be able to work for a bit. You | :05:02. | :05:05. | |
put it into a box marked medical conditions. That was already on the | :05:06. | :05:10. | |
box. He has just done that, to acclaim. Why didn't you do it, if it | :05:11. | :05:16. | |
is that simple? We needed to get agreement in Government and we have | :05:17. | :05:19. | |
not reached the Provo ease approval. It is a wider plan. This could have | :05:20. | :05:25. | |
been incremented on its own? But you have to change the way you do it. I | :05:26. | :05:32. | |
was in favour of a bigger plan that brought in changes all into one, | :05:33. | :05:35. | |
because they are competing with each other and do not have the kind of | :05:36. | :05:39. | |
effect that you want. It is the right thing to do. Until now, there | :05:40. | :05:43. | |
have not been a huge number of assessments taking place because the | :05:44. | :05:46. | |
system has not been able to cover it. There is a lot of talk about | :05:47. | :05:53. | |
trying to reposition the Tory party on the centre ground, even the | :05:54. | :05:57. | |
centre-left, talking about worker's rights and so on. It is not credible | :05:58. | :06:04. | |
until she does something. 6 million people earn less than the Living | :06:05. | :06:07. | |
Wage, after six years of Conservative government. 6 million | :06:08. | :06:10. | |
people earn less than the Living Wage. That is the reality, not Tory | :06:11. | :06:15. | |
erect a wreck that we are hearing in the hall. -- that is the Tory | :06:16. | :06:25. | |
rhetoric. Raising the minimum wage was making sure that you identify | :06:26. | :06:31. | |
that and raise the blood. There are still 6 million below. The mantra of | :06:32. | :06:36. | |
this government was to make work pay. 50% of families in poverty have | :06:37. | :06:44. | |
at least one family member working. They are still in poverty, waiting, | :06:45. | :06:49. | |
doing difficult and unpleasant jobs, long hours, they are still in | :06:50. | :06:55. | |
poverty. Many people in this country work and still it is the equivalent | :06:56. | :07:02. | |
of poverty. That does not pay, work does not pay for them. Huge problems | :07:03. | :07:06. | |
down the low skill level of work. This is the one area, the level of | :07:07. | :07:15. | |
skills at that point is arguably some of the lowest in the Western | :07:16. | :07:21. | |
world. Companies too often do not invest in skills because of the | :07:22. | :07:24. | |
nature of the tax credit system, you have them in packets of 16 hours, it | :07:25. | :07:28. | |
is not worth investing. Universal Credit will change all of that quite | :07:29. | :07:32. | |
dramatically. It allows people to work more of the hours, invest more | :07:33. | :07:37. | |
in them. The second aspect is back to the migration issue. That has had | :07:38. | :07:40. | |
a very damaging effect on low workers. There are two elements of | :07:41. | :07:46. | |
this. It is not just the statutory migration, it is that what happened | :07:47. | :07:49. | |
is that a lot of people come for under one year. They do part-time | :07:50. | :07:56. | |
work, they claim full benefits, Migration Watch proved it is over 4 | :07:57. | :08:00. | |
billion per year. That allows them to go and do cash in hand work. It | :08:01. | :08:05. | |
is a big problem, it has only now become clear how damaging that has | :08:06. | :08:09. | |
become to British people working at low income level. What does this | :08:10. | :08:14. | |
party, if it is this self-styled Workers Party, what does it have to | :08:15. | :08:19. | |
do in a country where 6 million people get less than the Living | :08:20. | :08:23. | |
Wage, 50% of people in poverty are already in work and poverty levels | :08:24. | :08:27. | |
among those in work are at record levels. So much for the worker's | :08:28. | :08:39. | |
party? The answer is it has to do a lot, we have been talking about | :08:40. | :08:43. | |
Brexit a lot, Theresa May has dropped a lot of hints about what | :08:44. | :08:48. | |
she wants to do. The announcement yesterday morning about this massive | :08:49. | :08:53. | |
review, led by a Blairite, Matthew Taylor, to completely re-examine | :08:54. | :08:58. | |
employment rights. Thereby meaning, for the low paid and the casual | :08:59. | :09:05. | |
workers, holiday pay for Uber drivers, it opens a massive area of | :09:06. | :09:12. | |
things, grammar schools... You need high-quality technology schools to | :09:13. | :09:23. | |
up-skill its? She has all of this on her agenda, possibly more | :09:24. | :09:28. | |
interesting than even Brexit. I was planning not to mention Brexit in | :09:29. | :09:33. | |
this segment, but I think I did. There was a lot of flesh to be put | :09:34. | :09:37. | |
on his bones before it is convincing? Theresa May is playing a | :09:38. | :09:44. | |
political game of trying to dump the nasty party image, become a more | :09:45. | :09:48. | |
compassionate conservative. She is changing from the David Cameron era, | :09:49. | :09:54. | |
instead of being the bottom 10% or 15% of people that he was focusing | :09:55. | :09:59. | |
on, as well as the wealthier elite, she is looking at the people earning | :10:00. | :10:04. | |
more than ?16,000, up to ?21,000, those who have children that are not | :10:05. | :10:09. | |
on free school meals, not the most deprived, she calls them the just | :10:10. | :10:14. | |
managing classes, they might have one for holiday each year, they | :10:15. | :10:17. | |
might want to send their kids to piano lessons or the local Football | :10:18. | :10:21. | |
Club, they are not the poorest people on welfare. That could have | :10:22. | :10:26. | |
an impact on what you're saying, it could also undermine her reputation | :10:27. | :10:29. | |
for being compassionate if she is seen to be abandoning the people | :10:30. | :10:34. | |
that need help most. There is always a political case for doing something | :10:35. | :10:37. | |
for Middle Britain, where most people are. They call at Middle | :10:38. | :10:41. | |
America over there and so on. But these are not the in work but in | :10:42. | :10:48. | |
poverty. Being a worker's party, one that dines out on its support for | :10:49. | :10:52. | |
work, if it is to do anything, it has to do something about these | :10:53. | :10:57. | |
people? The key issue is what the economic policies are in this new | :10:58. | :11:03. | |
government. Nobody on the programme this morning has talked about the | :11:04. | :11:06. | |
deficit, which George Osborne framed everything around, to the point | :11:07. | :11:15. | |
where, as they know better than anyone, he struggles to get welfare | :11:16. | :11:18. | |
reforms affected because of our budget cuts that hit those on low | :11:19. | :11:23. | |
income in work. Until we know the degree to which the framing of that | :11:24. | :11:28. | |
deficit strategy has changed, we will not really know the space they | :11:29. | :11:32. | |
will have to make sure that does not happen over the next few years and | :11:33. | :11:36. | |
the opposite happens. That applies to all of these issues, actually. | :11:37. | :11:41. | |
The economy will provide the space, or not, to do these things. The | :11:42. | :11:48. | |
Treasury is telling the Chancellor that the slowdown in the economy, | :11:49. | :11:52. | |
not as slow as they thought, but still a slowdown, that, in itself, | :11:53. | :11:56. | |
will widen the deficit. Therefore, he is not going to have a tonne of | :11:57. | :12:01. | |
money to throw around on top of that, which would widen the deficit | :12:02. | :12:04. | |
even further. There is room for manoeuvre which may be quite slight? | :12:05. | :12:10. | |
Not quite true. He has abandoned George Osborne's fiscal targets. | :12:11. | :12:15. | |
Having already taken this into account by what they think is the | :12:16. | :12:18. | |
slowing of the economy. They have been wrong in the past, but that is | :12:19. | :12:21. | |
why they have done that. There is not a turn of money around to spend | :12:22. | :12:26. | |
billions on infrastructure, unless, of course, like Mr Corbyn, you want | :12:27. | :12:31. | |
to borrow it. When you say you are not going to eradicate the deficit | :12:32. | :12:36. | |
by 2020, that is what you mean. If he needs to cushion the Brexit | :12:37. | :12:40. | |
impact, if there is one, I don't think we could pay off the deficit | :12:41. | :12:44. | |
by 2020. Then you'll have all of this money to do what you want with. | :12:45. | :12:50. | |
Final thought? There is also the attitude about business and the | :12:51. | :12:53. | |
attitude to the super rich and well. I think Theresa May will concentrate | :12:54. | :12:57. | |
on that more than David Cameron, alleviating concerns. The Autumn | :12:58. | :13:00. | |
Statement from the Chancellor will be as big as any of the statements | :13:01. | :13:05. | |
we hear this week. I am glad to hear it, it will be coming up live on a | :13:06. | :13:07. | |
Daily Politics special. at the Conservative Party | :13:08. | :13:10. | |
conference here in Birmingham. Fear not, I'll be back tomorrow | :13:11. | :13:13. | |
at 11am for a two-hour special as Chancellor Philip Hammond | :13:14. | :13:16. | |
takes to the stage. We are back on Tuesday and Wednesday | :13:17. | :13:23. | |
bringing Theresa May's speech on Wednesday just before lunch. We will | :13:24. | :13:27. | |
be back next Sunday as well. In the meantime, remember - | :13:28. | :13:29. | |
if it's Sunday, it's | :13:30. | :13:32. |