:00:43. > :00:48.Good morning. There has been a lot to scare us on the television this
:00:48. > :00:55.week. Penalty shoot-outs, banking Night Nurse, terror of the seas.
:00:55. > :01:00.But has anything been quite a scary as the slow-motion close-up of Andy
:01:00. > :01:07.Murray's face as he hammers and leaps and thrashes his way through
:01:07. > :01:13.the tennis? The answer is, yes. The expression on his mother's face.
:01:13. > :01:20.Only happy expressions for a few of the Sunday papers, Helena Kennedy,
:01:20. > :01:24.and my colleague from Radio 2, Jeremy Vine. Those rivers of gold
:01:24. > :01:29.on which British Bankers paddled for so long have become an ethical
:01:29. > :01:35.quagmire, and moral cesspit, at least according to some politicians
:01:35. > :01:40.and newspapers. Mis-selling, it rate fixing, collusion and greed.
:01:40. > :01:43.The bosses wallowing in bonus joy while customers flounder. That is
:01:43. > :01:49.the charge sheet. What is the future for an industry Britain has
:01:49. > :01:53.come to rely on and how did we get here? The boss of the UK's main
:01:53. > :01:56.financial watchdog Adair Turner is here to talk about the recent past
:01:56. > :02:01.and uncertain future of British banking. Meanwhile apparently
:02:01. > :02:07.confusing messages for British Euro-sceptics. On Friday the Prime
:02:07. > :02:13.Minister said I did think it is the right thing to do of Alnwick in out
:02:14. > :02:20.referendum, but this morning for me, the two words referendum and Europe
:02:20. > :02:24.can go together. William Hague is with us and will explain all. It is
:02:24. > :02:29.hard to think William Shakespeare would be greatly surprised by
:02:29. > :02:33.today's stories of greed and corruption. The isle is full of
:02:33. > :02:37.noises as it always was. The man regarded as the finest current
:02:37. > :02:41.performer of the Bard's work is returning to the Globe Theatre,
:02:41. > :02:46.Mark Rylance will tell us about playing Richard III at his -- and
:02:46. > :02:51.his other theatrical plans for the summer. Martina Navratilova knows a
:02:51. > :02:55.thing or two about performing on big stages. Thoughts from her on a
:02:55. > :03:01.remarkable few days at Wimbledon and that Late Night dramatic win
:03:01. > :03:10.from Wimbledon and a live song from Devon's very own Queen of song, it
:03:10. > :03:14.Joss Stone. First, over to Naga Munchetty for the news.
:03:14. > :03:18.David Cameron says he is prepared to hold a referendum on Britain's
:03:18. > :03:24.relationship with the European Union. He told a Sunday newspaper
:03:24. > :03:28.he wants a real choice for voters but he stopped short of promising a
:03:28. > :03:34.referendum seeing one would only be held when the time is ripe.
:03:34. > :03:40.David Cameron says he took steps to protect Britain's interests at the
:03:40. > :03:42.summit last week which agreed new roles for banks. He said Europe is
:03:42. > :03:46.changing fast and he could be prepared to hold a referendum, but
:03:46. > :03:56.not yet. In his article for the Sunday Telegraph he says he wants
:03:56. > :04:11.
:04:11. > :04:16.The move has already been welcomed by some of his MPs. I believe
:04:16. > :04:19.firmly in a referendum. We should have a referendum on significant be
:04:19. > :04:23.good -- renegotiation with our relationship with the European
:04:23. > :04:28.Union. It is important to do that when we are not facing an economic
:04:28. > :04:32.crisis. Tomorrow Liam Fox will go much further calling for Britain to
:04:32. > :04:36.negotiate a new looser and largely economic relationship with European
:04:36. > :04:40.Union and put it to the people. He will say if the government doesn't
:04:40. > :04:44.get what it wants from our European partners it should be prepared to
:04:44. > :04:47.recommend Britain leads the European Union. David Cameron knows
:04:47. > :04:52.his coalition partners take a different view on Europe. He wants
:04:52. > :04:59.to wait until closer to the next election before making any firm
:04:59. > :05:03.decisions on a referendum. The business secretary Vince Cable
:05:03. > :05:08.has called on shareholders to get a stronger grip to prevent corruption
:05:08. > :05:13.in banks. Writing in the Observer he condemns the incompetence,
:05:13. > :05:18.corruption and greed endemic in British banking. We followed the
:05:18. > :05:22.revelations staff at Barclays had been reading interbank lending. --
:05:23. > :05:26.Reading. A shareholder democracy is something Vince Cable is fighting
:05:26. > :05:30.for. He wants the people who ultimately owned the company to
:05:30. > :05:35.have more power over how much the bosses get paid but he also wants
:05:35. > :05:39.them to get a stronger grip on those at the top. It follows the
:05:39. > :05:44.�290 million fine handed out to Berkeley's For meant --
:05:44. > :05:54.manipulating the rate at Wickes -- at which banks lend to each other.
:05:54. > :06:01.
:06:01. > :06:05.This week the chief executive of Barclays Bank Bob Diamond will be
:06:05. > :06:10.questioned by MPs and a review will be set up which will put forward
:06:10. > :06:14.new regulations. Labour want a wider inquiry examining British
:06:14. > :06:20.banking culture. Not to be the government has ruled out but it is
:06:20. > :06:24.not exactly rolling it in either. After rebellions over pay its
:06:24. > :06:27.shareholders bring it may become a shareholder summer.
:06:27. > :06:31.Opposition activists in serious a 30 people were killed when a
:06:31. > :06:35.funeral procession was bombed in Damascus. There has been no
:06:35. > :06:39.independent cons -- confirmation of the attack. At a meeting of the
:06:39. > :06:42.International Action Group on Syria in Geneva yesterday members of the
:06:42. > :06:45.United Nations Security Council and regional powers called for a
:06:45. > :06:48.transitional government to be settled. The group said the
:06:48. > :06:53.government could include members of the existing regime and the
:06:53. > :06:56.opposition and the US Secretary of State Hillary Clinton insisted
:06:56. > :07:00.President Assad could not remain in power.
:07:00. > :07:03.Millions of people in the eastern United States are likely to be
:07:03. > :07:07.without power for several days because of damage caused by fierce
:07:07. > :07:11.storms. 12 people were killed after a series of thunderstorms moving
:07:11. > :07:16.from the Midwest struck the east coast. They are being made more
:07:16. > :07:21.severe by a heatwave. That is all from me. I will be back just before
:07:21. > :07:30.10am. Many banks.
:07:30. > :07:37.To the front pages. Newspapers going on the banks and the European
:07:37. > :07:42.poll. The Observer, throw out the bank cheats, cable tells
:07:42. > :07:49.shareholders and a picture of Andy Murray looking very triumphant.
:07:49. > :07:52.The Independent has gone for a similar front page. Again, Andy
:07:52. > :07:57.Murray on the front. If you go to the Sunday Telegraph,
:07:57. > :08:01.they have got the article by the Prime Minister that led the news
:08:01. > :08:06.bulletins at the start of this show and they have got Liam Fox saying
:08:06. > :08:11.we need a referendum. The new Tory battle lines.
:08:11. > :08:21.Mail on Sunday, Britain to get fit on Europe, picking up on the same
:08:21. > :08:21.
:08:21. > :08:26.story. -- a vote. A picture of the Jade Jagger
:08:26. > :08:34.wedding with Mick Jagger wearing a fetching kind of liked a violet
:08:34. > :08:43.jacket. The father-in-law wore pink. Helena Kennedy and Jeremy Vine,
:08:43. > :08:51.welcome. Where will we start? It has got to be banking.
:08:51. > :08:58.Everywhere the papers are full of banking and a sense of outrage
:08:58. > :09:04.about the rigging of interest rates. It is more endemic than people were
:09:04. > :09:09.prepared to admit and what is widespread. Listeners are desperate
:09:09. > :09:12.to see a bank in handcuffs. They are so desperate. Bob Diamond is
:09:12. > :09:17.the latest culprit but we don't know whether he has done anything
:09:18. > :09:22.wrong or illegal. An interesting paragraph in the Mail on Sunday
:09:22. > :09:31.scene he put in a call to Ed Miliband to say it isn't as bad as
:09:31. > :09:36.it looks and the call made Ed Miliband denounce him publicly.
:09:36. > :09:41.Matthew Parry wrote a column saying we are all angry, furious, not
:09:41. > :09:45.quite sure why, but we just, there seems to be this swelling quantity
:09:45. > :09:50.of anger in the country that moves from one target to another,
:09:50. > :09:59.politicians, newspapers, broadcasters, banks. This has been
:09:59. > :10:01.bubbling away for quite some time. There was a moment in 2008 where we
:10:01. > :10:08.thought is the world going to have to be reconfigured where money is
:10:08. > :10:16.not going to be the God, and somehow it was back to business as
:10:16. > :10:21.usual. And then this, people think they are not in the real-world
:10:21. > :10:31.because it is affecting our lives. It says here 71% of people think
:10:31. > :10:31.
:10:31. > :10:36.Bob Diamond should go. 271 % of people understand what he has done?
:10:36. > :10:44.-- do is 71 people. Do we understand? It has unleashed their
:10:44. > :10:51.hatred. A sense there wasn't just is the first time. Is it having an
:10:51. > :10:55.impact on the way in which ordinary people's lives have been led? Banks
:10:55. > :11:00.being corrupt, mortgages taken away. People's lives are affected by the
:11:01. > :11:04.stuff. We know there is a sense of ghastliness at the top level.
:11:04. > :11:10.very interesting story in the Mail on Sunday which argues this fixing
:11:10. > :11:14.of the libel rate was indeed connected to the banking crash of
:11:14. > :11:18.2080 because it didn't alert regulators in time. It looked as if
:11:18. > :11:28.it was less bad than it was because the undershot the rate and a result
:11:28. > :11:29.
:11:29. > :11:37.of that was the policy response. You are going all pastern on us. --
:11:37. > :11:41.Peston. The main banks didn't look as bad. In fact, they were fiddling
:11:41. > :11:46.it to make it look as if they were doing fine. Let's move to the next
:11:46. > :11:54.thing, we will talk quickly about the euro.
:11:54. > :11:58.This is the Big story, kind of interesting the more right-wing
:11:58. > :12:04.newspapers their big story is the one on the euro and Europe. David
:12:04. > :12:08.Cameron saying he will consider a referendum, but not right now. You
:12:09. > :12:13.get a different and more Euro- sceptic view from Liam Fox saying
:12:13. > :12:18.they cannot be any more waiting around, people want to see a
:12:18. > :12:22.renegotiation. There is a suggestion Cameron is coming in on
:12:22. > :12:24.this because he wants to steal a march on Labour because Miller Band
:12:25. > :12:31.has also been talking about something having to be done about
:12:31. > :12:38.our relationship in Europe -- Ed Miliband. It is to make sure the
:12:38. > :12:44.Lib Dems are pushed out onto the edge. I want to mention Syria, such
:12:44. > :12:49.an impenetrable story. The stuff going on is terrible and we must
:12:49. > :12:54.take note. And the massacre were a lot of babies were killed, it seems
:12:54. > :12:59.to have been forgotten. There is a piece in the Observer saying the
:12:59. > :13:03.concern of the rebels is president Assad could get shoved out. United
:13:03. > :13:08.Nations are talking in Geneva. You could lose him but keep the regime
:13:08. > :13:12.and it would be no solution at all. They think Russia make push
:13:12. > :13:18.President Assad out and that would not end it. I don't know what the
:13:18. > :13:25.solution is. Certainly what people are not very enthusiastic about his
:13:25. > :13:32.intervention. The fear is of what they would be after. So am sort of
:13:32. > :13:39.Islamist takeover. And people feel our own military are stretched to
:13:39. > :13:43.the limit. I picked upon the story. Britain's private schools have lost
:13:43. > :13:47.their moral purpose. This is about how there was a big push in the
:13:47. > :13:54.expansion of academies that private schools, the Great, grand private
:13:54. > :13:59.schools, would come in and play a role in supporting Academy's. And
:13:59. > :14:03.the headmaster of Wellington School has done that, and so has eaten but
:14:03. > :14:08.none of the others have stepped up to the plate because the parents
:14:08. > :14:13.don't want to be paying for their benefit and privilege and to see it
:14:13. > :14:19.being headed off in the direction of state schools. We're not talking
:14:19. > :14:24.about Lords reform in the paper, but nonetheless it is big next week.
:14:24. > :14:31.There was a story in the Sunday Mail by a Liberal peer he takes a
:14:31. > :14:34.different position from Nick Clegg. -- who takes. This is one of those
:14:34. > :14:39.stories were party leaders say it is often different from what is
:14:39. > :14:44.happening below the radar. I am convinced although David Cameron is
:14:44. > :14:47.saying he is on favour, it is partly to appease Nick Clegg and he
:14:47. > :14:51.knows fast tracks of the Conservative Party are against that.
:14:51. > :14:55.For the millions of people watching, what they need to know is is it
:14:55. > :15:03.going to happen and do they need to concentrate harder or can they
:15:03. > :15:12.ignore it? I suspect we will get the vegetarian option. It will be
:15:12. > :15:18.some minor, the red meat will be taken out. Some reform, 10% elected
:15:18. > :15:28.but a gradual process. Are the not going to run out of people to
:15:28. > :15:32.
:15:32. > :15:40.This is the UK in the Sun newspaper. They are trying to monitor online
:15:40. > :15:46.bad behaviour. They are saying every green spot on this map is a
:15:46. > :15:52.paedophile accessing child pawn. But they say the numbers are low
:15:53. > :16:00.because it is hot outside. But they have some technology, and it said
:16:00. > :16:04.it is a man in his office looking at pornography. We do know a lot of
:16:04. > :16:10.accessing of pornography takes place in the workplace and it is
:16:10. > :16:16.the employers making these things possible because doing it at home
:16:16. > :16:21.is riskier. Are we going to be talking about sex in general?
:16:21. > :16:25.there is this book called the 50 shades of grey. It is soft
:16:25. > :16:31.pornography by all accounts. still do not know what it is about.
:16:31. > :16:38.I think we can guess. In the Observer there is an interesting
:16:39. > :16:43.debate, is it anti-feminist. And the writer says, is this about a
:16:43. > :16:49.society which everything is so explicit now about sex, you have to
:16:49. > :16:55.go looking for thrills elsewhere? So it is taken into this sado-
:16:55. > :17:01.masochistic area. And then you have another author, who is an expert in
:17:01. > :17:07.the field of sado-masochism and stuff, says this really is
:17:07. > :17:13.retrograde for women. And it will lead to sort of dangerous zones of
:17:13. > :17:23.behaviour, which are risky. It is an interesting debate. We are close
:17:23. > :17:26.
:17:26. > :17:31.to running out of time. The Italian striker, Mario Balotelli. I am
:17:31. > :17:36.losing focus on the whole thing. This is a great profile of him in
:17:36. > :17:41.the Sunday Times. The is very eccentric. He had a firework
:17:41. > :17:47.display in his own home. His mother sent him out to buy an ironing
:17:47. > :17:52.board and he came back with a quad bike. The police stopped him with a
:17:52. > :18:00.large amount of cash in his car and when they asked him why did he have
:18:00. > :18:04.this money, he said "because I am rich". He is very eccentric. Jeremy,
:18:04. > :18:11.you have a book about the strange people who inhabit this building
:18:11. > :18:17.and others? I was frisked on the way in and I did not get it in.
:18:17. > :18:25.Anecdotes behind the news at the BBC? How did 50 shades of grey get
:18:25. > :18:30.that pick up? It is not dirty enough. Great photographs of Jeremy
:18:31. > :18:39.Vine as a young man, with long hair. There is a piece about old rockers
:18:39. > :18:45.in the papers. The fire North fork from you. -- final thought.
:18:45. > :18:51.Apparently there is a hawk that hovers over Wimbledon that sees off
:18:51. > :18:57.pigeons that can distract players. But it has been stolen. Thanks to
:18:57. > :19:05.you both very much. To the weather, I have been loving the unfamiliar
:19:05. > :19:15.kiss of sunlight and balmy evening breezes. But I suspect the record-
:19:15. > :19:20.
:19:20. > :19:26.breaking rain is going to be back It does not look too bad today. The
:19:26. > :19:32.wind is not as blustery. A beautiful satellite picture. South
:19:32. > :19:38.Eastern areas in Sunshine, north- western areas cloudy and damp. But
:19:38. > :19:44.it will be a reverse of fortunes because the cloud will spread east.
:19:44. > :19:50.In Scotland we will see some sunny spells, scattered showers. North
:19:50. > :19:57.West England will improve. North East England will pick up some
:19:57. > :20:02.showers. Showers are hit and miss over south-western parts. Brighter
:20:02. > :20:06.skies across the Midlands with light winds and Sunshine. South-
:20:06. > :20:12.west England and Wales also brightening up this afternoon. A
:20:12. > :20:19.few light showers with light winds. Into Northern Ireland, things
:20:19. > :20:24.improve, but there is cloud and rain and it sets us up for Monday.
:20:24. > :20:33.Turning cloudy, wet and for many it is looking like an unsettled week
:20:33. > :20:38.We have been hearing the scandal of rigging interest rates, Barclays
:20:38. > :20:43.Bank and possibly others under pressure. Investigators from the
:20:44. > :20:49.Serious Fraud Office who regulates the FA a -- EFSA and its chairman,
:20:49. > :20:53.Adair Turner is with me in the studio. Will we see bankers in
:20:53. > :20:58.jail? The it has been a black week for the reputation of British
:20:58. > :21:06.banking. People are justifiably angry at some of the practices
:21:06. > :21:11.which were present in the run-up to the financial crisis of 2008. The
:21:11. > :21:16.situation on the law is that we have looked very carefully at what
:21:16. > :21:20.types of cases we can bring. In this case of libel, because it is
:21:20. > :21:25.not a qualifying instrument under the Act, it is not covered by
:21:25. > :21:29.criminal law. We have brought the maximum cases we can bring under
:21:29. > :21:34.our own powers for breaches of principles. The it will seem to
:21:34. > :21:39.many people very bizarre that fixing the interbank rate at which
:21:39. > :21:45.affects mortgage payers and the general sort of, health check of
:21:45. > :21:49.the banking system at any one time, but that is not criminal offence?
:21:49. > :21:56.It was failing to make its own mistake by the last Government?
:21:56. > :22:01.you go back over 20 years, we started with, in these areas, self-
:22:01. > :22:08.regulatory approach. Slowly, over the last 15 years, we have
:22:08. > :22:14.toughened approach. The act itself was a toughening. Further steps
:22:14. > :22:19.were made a few years ago to bring criminal charges in particular
:22:19. > :22:22.areas of market abuse. But they did not cover the libel market. We have
:22:22. > :22:28.to look further to see if we can strengthen these powers on top of
:22:28. > :22:34.we have got at the moment. It has been a gradual strengthening over
:22:34. > :22:38.time, but it is not enough. We know about Barclays Bank, RBS bought are
:22:38. > :22:45.you concerned it may have spread to other banks? But also could there
:22:45. > :22:50.be collusion between banks? notice, the statement of what went
:22:50. > :22:55.wrong we brought out this week made it clear that there were severe
:22:55. > :23:00.problems in Barclays Bank. But we have ongoing inquiries in relations
:23:00. > :23:06.-- relation to other banks. The case we have brought against
:23:06. > :23:11.Barclays Bank also shows some collusion, some interbank
:23:11. > :23:16.discussion which is there in what we have said. It is important that
:23:16. > :23:23.pretty much all of what we have talked about relates to the period
:23:23. > :23:28.of 2006, 2007, 2080. They have been significant steps to tighten this
:23:28. > :23:35.up. I don't believe the same behaviour is going on in relation
:23:36. > :23:41.to the libel market now. -- 2008. It is still a terrible thing to
:23:41. > :23:45.find out. When you listen to the Quotes of traders chatting about
:23:45. > :23:51.how they will make money out of this, it has justifiably angered
:23:51. > :23:57.people. Why did it take the FSA so long to find this out and how did
:23:57. > :24:04.you find it out? Rumours began to circulate. That is often how we
:24:04. > :24:13.find things out. The CFTC in the US began to look at it. We got
:24:13. > :24:18.involved in it as well. This began in 2009. We put together an
:24:18. > :24:21.investigation programme. Investigation of these thoughts --
:24:21. > :24:26.investigations of these types that take a long time to come to
:24:26. > :24:30.fruition. It is not true to say we have found this out only in the
:24:30. > :24:35.last week, but the legal process has come to fruition in the last
:24:35. > :24:42.week. If this spreads to Wall Street as well, as many people
:24:42. > :24:47.think and this collusion between banks, is it criminal? And, are you
:24:47. > :24:52.concerned about London's position as one of the world's great
:24:52. > :24:58.financial capitals? It could hardly be worse, the news rattling around
:24:58. > :25:04.the world at the moment? The FSA's powers to use criminal sanctions
:25:04. > :25:10.relate to specific things like the equity price. We cannot use
:25:10. > :25:15.criminal powers in relation to this. If there has been straight fraud,
:25:15. > :25:21.the Serious Fraud Office has the ability to bring cases. Of course,
:25:21. > :25:26.we have been in discussion, and when we bring cases, we get into
:25:26. > :25:31.discussion with them. The reputation of London is important.
:25:31. > :25:39.All are the actions that were covered this week occurred before
:25:39. > :25:43.May 2009, and most of them in 2006 and 2008. It is still a shock to
:25:43. > :25:48.the banking industry. It comes on top of lot of other things that
:25:48. > :25:52.went wrong. If you look what happened in the derivative markets.
:25:52. > :25:58.Do you think the banks need to be divided into the risk-taking
:25:58. > :26:03.merchant banks, and the ordinary banks? What the Vickers Report has
:26:03. > :26:09.proposed, do we need to see a division? I think those proposals
:26:09. > :26:14.are sensible. I do support them. It will separate banking to households
:26:14. > :26:18.and small business, from the rest of banking. It is important for us
:26:18. > :26:24.to understand it won't be sufficient in itself to deal with
:26:24. > :26:27.these problems. Even in the bits which is outside the ring fence
:26:27. > :26:34.under the Vickers Report, which includes the foreign exchange
:26:34. > :26:39.markets, lending money and provided money to major corporates. We need
:26:39. > :26:43.to make sure the practices we have seen are driven out of that area of
:26:43. > :26:49.finance as well. The Vince Cable has talked about a cesspit of
:26:49. > :26:52.corruption. Mervyn King has used strong language, the public are
:26:52. > :26:59.outraged. There won't be prosecutions and you have explained
:26:59. > :27:04.why, something has to change in the culture. When will that happen?
:27:04. > :27:09.Government is looking after my report on RBS on whether we should
:27:09. > :27:13.change the law about the liability of directors. One of the ideas I
:27:13. > :27:18.put forward in the forward to that report, which was produced last
:27:18. > :27:24.December, he is whether we should switch round the presumption in
:27:24. > :27:29.some of our decisions. If you are a director of a bank that fails -
:27:29. > :27:33.that is not a matter of bad practice, but causing problems to
:27:33. > :27:37.the economy, whether there is a presumption you shouldn't be
:27:37. > :27:43.allowed back into the industry again. You'll have to be able to
:27:43. > :27:47.read but at that by saying I was the man he was trying to put up the
:27:47. > :27:51.Red Flag to stop that. That might be the sort of person you want in
:27:51. > :28:01.the industry. But the Government will come out next week with
:28:01. > :28:08.proposals to follow on from that. Called "more heads will roll"
:28:08. > :28:14.proposals? It could be. Al Pacino no less, has said of my
:28:14. > :28:20.next guest he speaks Shakespeare as if it was written for him the night
:28:20. > :28:25.before. Another reviewer thinks there is great acting,, a very
:28:25. > :28:35.great acting and then what Mark Rylance does on top of that. He has
:28:35. > :28:35.
:28:35. > :28:45.taken his stage reputation to another level. This is him in
:28:45. > :28:55.
:28:55. > :28:59.You've gazed into the mirror and you shock. Mark Rylance is
:28:59. > :29:05.returning to the Globe Theatre which he ran for many years. You're
:29:05. > :29:13.the director for 10 years? You are coming back to do Richard III, one
:29:13. > :29:22.of the great roles. And a Libya. Richard III, we will be seeing that
:29:22. > :29:26.soon? About two weeks. Are you were almost ready for it? Almost.
:29:27. > :29:31.did an all-male Twelfth Night? are interested in the original
:29:31. > :29:40.playing practices that Shakespeare wrote for. Twelfth Night, you have
:29:41. > :29:50.got Stephen Fry? It should be great fun. It is his great -- favourite
:29:50. > :29:55.part. Do you think people have lost this snotty reputation and has
:29:55. > :30:00.established itself as a prime Shakespearean venue in the country?
:30:00. > :30:05.What reputation it has, it is widely attended and the delight of
:30:05. > :30:11.it for me is sitting around outside the theatre at the moment learning
:30:11. > :30:17.my lines is the spectrum of people. There are visitors, where would
:30:17. > :30:23.London B, Stretford upon-Avon be without visitors? I cannot
:30:23. > :30:29.understand a complaint about visitors coming to this country.
:30:29. > :30:35.They only pay �5. And they can leave. If it is boring or they have
:30:35. > :30:40.had enough, they can leave without it being an embarrassment. Often in
:30:40. > :30:45.theatres if you leave, you have to make an embarrassing statement. The
:30:45. > :30:49.freedom Shakespeare gave to his audience was popular. A lot of
:30:49. > :30:53.visitors will be coming for the Olympics. I heard a story that one
:30:53. > :30:57.of the things that might happen to you if you are wandering around
:30:58. > :31:07.London during the Olympics, is somebody might come up to and start
:31:08. > :31:08.
:31:08. > :31:11.to speak a little bit of We have been given money to a
:31:12. > :31:17.higher at 50 actors and disguise them as normal people, which is
:31:17. > :31:21.difficult, and plant them in different places in London so you
:31:21. > :31:27.wouldn't be able to discern them. You might be sitting on a bench and
:31:27. > :31:34.seven men would gather around you. Or maybe simply in a suit like your
:31:34. > :31:39.good self, and start to discuss the assassination of Caesar. He sounds
:31:39. > :31:45.a wonderfully mad idea. Very intimate and hope for the very real.
:31:45. > :31:49.You will be giving a Shakespearean speech as part of the opening or
:31:49. > :31:56.closing -- closing ceremony. will get me trouble, I am not
:31:56. > :32:03.allowed to say anything. And what about being part of the Olympics,
:32:03. > :32:07.it is all sponsored, a big corporate thing, but you are OK?
:32:07. > :32:13.think it is a pity the corporation's are able to buy such
:32:13. > :32:18.a platform and present themselves, in the case of BP, as part of Team
:32:18. > :32:20.England. They may have worked here for 100 years but they are part of
:32:21. > :32:24.the Board of that organisation and will they are interested in is
:32:24. > :32:29.making money at the cost of indigenous people and the
:32:29. > :32:32.environment. Why they should be able to position themselves as some
:32:32. > :32:38.have a host of these games to the rest of the world and to us, I
:32:38. > :32:42.think is not right. It is time some battle-lines were drawn. After all,
:32:42. > :32:47.a tobacco company would not be accepted as a sponsor, a good thing.
:32:47. > :32:53.Hopefully an arms company wouldn't be accepted. So a proper discussion
:32:53. > :32:56.about where that ethical line is, as it does exist, in a relationship
:32:56. > :33:02.to the environment and obesity in the case of McDonald's. What is
:33:02. > :33:05.that? Are seeing a McDonald's behind these wonderful athletes and
:33:05. > :33:13.thinking there is some connection between eating that sugar and being
:33:13. > :33:22.an athlete. York notion, your ideas about Englishness are somewhat
:33:22. > :33:27.rebellious. The Byron character you inhabited for so long, the notion
:33:27. > :33:33.of the country that is a stroppy, difficult questioning country is
:33:33. > :33:38.not a smooth corporate place. is a great blessing of the country.
:33:39. > :33:43.It has always had a very wild nature and a questioning nature.
:33:43. > :33:49.And hence the poetry and the songs and the plays and the books are
:33:49. > :33:52.admired and enjoyed. And the language is enjoyed. Very widely.
:33:52. > :33:57.Because of that imaginative inventive nature, that is something
:33:57. > :34:04.the Olympic opening ceremony will celebrate. It is a country of great
:34:05. > :34:08.invention. Most inventors have an ability to think without the box.
:34:08. > :34:12.That is something I admire about English people. Talking about the
:34:12. > :34:17.box, you have done a bit of television, a bitter film, but not
:34:17. > :34:23.much compared to most actors of your stature -- a bit of film. He
:34:23. > :34:27.liked the directness of being on stage. -- You Like It. You got rid
:34:28. > :34:32.of your age and because you wanted to do -- because they wanted you to
:34:32. > :34:36.do more Hollywood big roles. I did decide I didn't want to promote
:34:37. > :34:44.myself in that field and I felt I had spent my whole life thinking of
:34:44. > :34:47.what I wasn't instead of what I was. I am very lucky and blessed to be
:34:47. > :34:52.successful in live theatre and why should I worry about other mediums?
:34:52. > :34:57.Agents are hired, they will make more money if they get you into
:34:57. > :35:02.other mediums, they are pushing for that kind of thing. Is it simply a
:35:02. > :35:07.time-wasting distraction, compared with mainline on a live theatre
:35:07. > :35:12.stage, doing film? I really admire film actors, don't get me wrong,
:35:12. > :35:16.and I love going to film, but in terms of somebody who likes to play,
:35:16. > :35:21.Martina likes to play tennis, I like to act, pretend I am someone
:35:21. > :35:24.else, and play with other actors. In a film you will get maybe 30
:35:24. > :35:31.seconds, then a couple of hours waiting, two minutes. In a play
:35:31. > :35:35.like Jerusalem there were six or seven of us -- six or seven of us
:35:35. > :35:41.playing for 45 minutes. In Richard III I will play for long stretches.
:35:41. > :35:48.That is what I enjoy doing. Physically tough, you really bulked
:35:48. > :35:54.up. A I made myself a bit stronger. He cannot wait to hear how Richard
:35:54. > :35:57.III and 12 might go. Peggy very much for coming in. -- 12th Night.
:35:57. > :36:01.The Olympics might have deflected some of the attention but the
:36:01. > :36:05.second week of Wimbledon is always guaranteed to be exciting. If Andy
:36:05. > :36:09.Murray continues his run at the title. The women's game is more
:36:09. > :36:12.competitive than it has ever been with a host of players vying for
:36:13. > :36:17.top ranking and probably very glad they never had to play my next
:36:17. > :36:22.guest because her first victory against Chris Evert in 78 was the
:36:22. > :36:27.first of 20 Wimbledon titles and she was still playing doubles as
:36:27. > :36:33.recently as 2006. She is obviously Martina Navratilova. Thank you so
:36:33. > :36:36.much for coming in. Great to have you again. It has been an
:36:36. > :36:43.extraordinary start to the Wimbledon season. Giant killing
:36:43. > :36:49.going on on all sides. An amazing week. Nadal going out, nobody
:36:49. > :36:56.expected it, including his opponent. And the way he played in the 5th
:36:56. > :37:01.set, Rosol could beat anybody. When you're in is so new play a little
:37:01. > :37:10.bit better. This guy is down here but he played a peer. -- Kinnock
:37:10. > :37:16.yours own. -- in eight zone. Let's talk about Andy Murray. A long
:37:16. > :37:20.session. I sat there hour after hour, it seemed. I kept hoping to
:37:20. > :37:26.switch to the Shakespeare on the owner -- on the other Channel but
:37:26. > :37:31.it went on and on. I suppose we should whatever else Andy Murray
:37:31. > :37:37.has got, he has got staying power, he has got guts, he just keeps
:37:37. > :37:40.going. What was amazing is he knew they had to stop the match at 11.
:37:41. > :37:48.When they were in the middle of the third set as said there is no way
:37:48. > :37:54.they can finish at 11. He managed to win the third set, came back
:37:54. > :38:00.from a breakdown, and then the 4th. He has got to extraordinary facial
:38:00. > :38:04.expressions but he looks like he is enjoying himself more. I saw the
:38:04. > :38:08.change at the Australian Open. His attitude improved and he played the
:38:08. > :38:12.best tennis he has ever played. He hasn't been able to play that well
:38:12. > :38:19.since, but he seems to be peaking as seems happier. Even in the
:38:19. > :38:23.interviews. It pays off. Let's talk about the women's game. It is an
:38:23. > :38:27.odd period, a transition period. Some of the great names, the
:38:27. > :38:33.Williams sisters, are perhaps towards the end of their period,
:38:33. > :38:36.and we don't have a Navratilova, Evert thing going on. Lots of
:38:36. > :38:42.different people coming forward at the moment. Slightly confusing
:38:43. > :38:49.picture. We have not had a great run for a while, a lot of flux at
:38:49. > :38:53.the top. Five different number ones still in the draw. But Petra
:38:53. > :38:58.Kvitova or one last year, hasn't won a tournament this year. -- she
:38:58. > :39:02.won last year. She seems to be hitting her form. And Maria
:39:02. > :39:12.Sharapova, she was number one, shoulder surgery and we write to
:39:12. > :39:16.
:39:16. > :39:21.Rough and she has come back again. -- we put her off. -- wrote. And
:39:21. > :39:27.Serena Williams came back yesterday and could win. Women's tennis is in
:39:27. > :39:31.its golden age. We haven't had this kind of rivalry since Bjorn Borg
:39:31. > :39:37.and McEnroe, that sense of rivalry and play. Now we have Djokovic,
:39:37. > :39:41.Federer, Nadal, all at the same time so an amazing time period and
:39:41. > :39:49.Andy Murray is unfortunately played at the same time. He can still get
:39:49. > :39:53.through. Who do you fancy, what is your feeling? After the French, it
:39:53. > :39:58.was Jo-Wilfried Tsonga, because he played so well, match points
:39:58. > :40:06.against Djokovic and grass will be a much better surface. He is
:40:06. > :40:10.hitting the ball very well. The only player who hasn't lost his
:40:10. > :40:14.serve. I think Petra Kvitova has a good chance, playing better and
:40:14. > :40:19.better. This tournament makes you feel like the defending champion
:40:19. > :40:24.more than any other. It gives you a little extra. She has got a good
:40:24. > :40:29.shot at it but it is harder to discount Serena Williams and Maria
:40:29. > :40:34.Sharapova, playing the best tennis of her life and feeling confident.
:40:34. > :40:37.Thank you very much, it will be a great week. You never expect a
:40:37. > :40:42.quiet life as Foreign Secretary and there is no doubt William Hague has
:40:42. > :40:46.had plenty to occupy him recently. He is just back from the United
:40:46. > :40:52.nations' latest conference on Syria when negotiations on the future of
:40:52. > :40:55.the eurozone drag on, and there is this more confusion of a British
:40:56. > :40:59.referendum to ponder. Add to that a senior role in the delicate
:40:59. > :41:06.coalition government and there can be not very much time for
:41:06. > :41:10.chillaxing. William Hague joins me now. Looking relaxed. Can we start
:41:10. > :41:17.with the slightly curious clicking referendum situation which is that
:41:17. > :41:20.after that Friday summit David Cameron said in-out referendum,
:41:20. > :41:24.absolutely not, not the right thing to do, and there was a fair amount
:41:24. > :41:30.of dismay including in the Conservative Party about that and
:41:30. > :41:34.this morning he is saying referenda in Europe, they can go together --
:41:34. > :41:39.referendum and Europe. The coalition talks about referendum
:41:39. > :41:44.and the people who decide and you never do anything about it. We have
:41:44. > :41:50.done something, because in this Parliament we have passed, my team
:41:50. > :41:54.took through Parliament, the act of last year which says. He is
:41:54. > :41:58.legislation, not a referendum. major act of parliament that says
:41:58. > :42:03.if we or any future government are to pass any more powers to Europe
:42:03. > :42:07.in a new treaty there has to be a referendum by law. We have already
:42:07. > :42:10.brought that. What the Prime Minister is saying today is
:42:10. > :42:15.expanding upon what he said on Friday, he put the argument on
:42:15. > :42:22.Friday which I have often put to why we did what a referendum now on
:42:22. > :42:28.being in or out of Europe. Argue against any in or out referendum?
:42:28. > :42:38.He is saying he will set out in the autumn our approach to this. We are
:42:38. > :42:45.
:42:45. > :42:51.not against referendums pair say, We have had it, we want our voice,
:42:51. > :42:58.you are saying vote for another party. We are saying what most
:42:58. > :43:02.people want is a better relationship with Europe. Actually
:43:02. > :43:07.it wouldn't help achieve that if you had a referendum on staying or
:43:07. > :43:12.leaving because if people voted to leave it would have all great
:43:12. > :43:17.disadvantages of leaving the single market. For the be disastrous for
:43:17. > :43:23.Britain if we left? A my view is we should stay in the European Union,
:43:23. > :43:28.there are huge advantages. Foreign policy, Burma, Iran, Syria. He is
:43:28. > :43:33.setting the pace, a leading foreign policy? Britain plays a leading
:43:34. > :43:42.role and the single market is very important to jobs. The ride
:43:42. > :43:46.disadvantages. -- There are disadvantages. There is too much
:43:46. > :43:51.interference, bureaucracy, decisions made at European level.
:43:52. > :43:55.That is what we want to change. What the Prime Minister is saying
:43:55. > :43:59.is the time to decide on a referendum or general election
:43:59. > :44:03.about our relationship with Europe is when we know how Europe will
:44:03. > :44:07.develop over the coming months and years with the euro is in crisis
:44:07. > :44:13.and when we know whether we can get that better relationship. --
:44:13. > :44:19.eurozone crisis. The Prime Minister wants, you want, a much deeper
:44:19. > :44:24.federal Europe to save the euro for the eurozone. Our relationship with
:44:25. > :44:28.that kind of Europe is obviously very different from our
:44:28. > :44:34.relationship today with the Europe we have at the moment, more
:44:34. > :44:41.flexible, uncomplicated. If we have that federal route we must have a
:44:41. > :44:47.referendum, which you agree? That is part of the argument. If it
:44:47. > :44:52.changes in that way, and if we know, once we know whether we can get a
:44:52. > :44:56.better relationship with Europe, that is the time to make a case for
:44:56. > :45:02.a referendum or if there is a clear division between the parties, to
:45:02. > :45:06.decide a general election. That is the time, not now. E if we get a
:45:06. > :45:14.deeper Europe as a result of the negotiations between Angela Merkel
:45:14. > :45:16.and all the rest of it, if we get a banking union, that is the big
:45:16. > :45:26.change that would make the Conservatives' long-standing
:45:26. > :45:34.
:45:34. > :45:40.promise about a referendum That is one of the factors. Then we
:45:40. > :45:45.can give people a real choice. That is the argument in the Prime
:45:45. > :45:52.Minister's article. The arguments are very powerful and it would add
:45:52. > :45:57.greatly to the case for a referendum. If Europe changed
:45:57. > :46:03.radically, and it looks as if it will, then our relationship does
:46:03. > :46:09.have to be put back to the British people again? That is what there is
:46:09. > :46:13.a powerful case for. What I would like and what the Prime Minister is
:46:13. > :46:18.explaining, we also wants the chance to find out if we can have a
:46:18. > :46:24.better relationship with Europe, with more powers return to national
:46:24. > :46:29.level. I am not denying the force of the arguments. It is a very
:46:29. > :46:32.major factor. The immediate priority with that is to make sure
:46:32. > :46:39.we do not lose any of our national decision-making to those changes
:46:39. > :46:44.taking place in the eurozone. That is what we have successfully sorted
:46:45. > :46:48.so far. I know you are still hedging on this, but it should be
:46:48. > :46:52.possible to simply say yes to the suggestion it Europe goes
:46:52. > :46:58.completely Federal, we will have a referendum about our relationship
:46:58. > :47:04.with that Europe? You do not know how it will develop. It is possible
:47:04. > :47:09.the eurozone could develop into a more concentrated core. A them
:47:09. > :47:14.moment, it has got to be the UK Independence Party. These people
:47:14. > :47:18.are going to keep talking about it, the ball will bounce further into
:47:18. > :47:25.the long grass, they will keep talking about a referendum and it
:47:25. > :47:30.won't get a chance to vote? Prime Minister will set out things
:47:30. > :47:35.in the autumn. Things will becoming clearer. You are asking a
:47:35. > :47:40.hypothetical question. If this happens. That is what they pay me
:47:40. > :47:46.for. Exactly, and I am paid to make sure I explained the full context,
:47:46. > :47:50.yes, there are huge changes in Europe. Nobody knows where those
:47:50. > :47:54.are leading, there may be more treaties, it could be a more
:47:54. > :47:58.concentrated core of the eurozone. Of course those things that
:47:58. > :48:03.powerfully to the case for the British people to decide on that
:48:03. > :48:06.relationship. You have mentioned several times the General Election,
:48:06. > :48:13.is this an issue the Conservatives will take to the General Election
:48:13. > :48:16.with a much clearer, harder promise? We will set out our policy
:48:16. > :48:21.in the General Election and before the General Election. I am not
:48:21. > :48:25.going to do that now. That would require a great deal of
:48:26. > :48:30.consultation. Of course, we will have a policy at the General
:48:30. > :48:33.Election, the European elections on our approach to this. The Prime
:48:33. > :48:37.Minister in his article is not changing our position, but is
:48:37. > :48:41.pointing the way to how our thinking is developing and how
:48:41. > :48:47.policy should be guided in the future. How we should think about
:48:47. > :48:51.this choice about whether to have a referendum. Not an in or out
:48:51. > :48:58.decision now but a determination to get a better position for the
:48:58. > :49:00.United Kingdom. Not trying to pin you to become us, but do you
:49:00. > :49:08.believe the British people will have a referendum on Europe within
:49:08. > :49:12.the next five years? It is another way of asking the same question. I
:49:12. > :49:18.have advocated referendums on a whole series, and I believe there
:49:18. > :49:24.have been too few, not too many referendums. There are big changes
:49:24. > :49:30.taking place. As the Conservative Party, we will set out our position
:49:30. > :49:39.together. We don't answer questions on the basis of guts. I think you
:49:39. > :49:44.can see from the Prime Minister how are thinking is developing. We want
:49:44. > :49:48.people to have their say when there is a real choice in front of them.
:49:48. > :49:55.I don't think I can be more specific now, but in itself it is
:49:55. > :50:01.being quite specific. Quite specific. Let's turn to Syria. You
:50:01. > :50:09.laugh just back from yet another conference on it. The talking goes
:50:09. > :50:16.on. -- you are just back. The truth is, there's nothing we can do about
:50:16. > :50:22.this? It is deeply frustrating. We are applying sanctions to the
:50:22. > :50:27.regime, denying it revenue, we are helping to gather the international
:50:27. > :50:31.coalition that can work together. It is not the case that there is
:50:31. > :50:36.nothing we can do. But is it deeply frustration hundreds of people are
:50:36. > :50:40.dying every week while we talk - of course it is. I spent 10 hours
:50:40. > :50:46.talking to the foreign ministers of Russia, China and other countries
:50:46. > :50:51.about what we can do. We made a step forward which is worth having,
:50:51. > :50:56.that we agreed with Russia and China what a tremendous --
:50:56. > :51:00.transitional Government should look like. It should be made up of
:51:00. > :51:04.people from the present Government, the opposition and other groups on
:51:04. > :51:10.the basis of mutual consent at which would exclude President Assad
:51:10. > :51:15.from that. That is a step forward, in my view on Russia's position. We
:51:15. > :51:23.now have to bring this about. about this notion of giving Bashar
:51:23. > :51:27.al-Assad safe passage and guarantee he can live in relative safe
:51:27. > :51:32.ignominy some were away from Syria to allow the transition to happen?
:51:32. > :51:38.We have not had that discussion. In my view those terrible for terrible
:51:38. > :51:41.crime should answer to them. But Syria is not part of the
:51:41. > :51:45.International Criminal Court. We can only refer it to the
:51:45. > :51:51.International Criminal Court with the agreement of Russia and China.
:51:51. > :51:55.As things stand, that could happen. There is no sign that President
:51:55. > :52:00.Assad wants to take such an exit at the moment. We are some way from
:52:00. > :52:06.resolving this, but we are putting great energy into it. Probably 100
:52:06. > :52:11.nations will come together in Paris next Friday, to work out how we can
:52:11. > :52:16.increase pressure on the regime to stop this killing. Why are you so
:52:16. > :52:23.hard line on not letting Iran to be part of this? It is a huge country
:52:23. > :52:28.and very powerful. Is it because you think an Iranian influenced
:52:29. > :52:34.post President Assad era would be more dangerous? We think Iran is
:52:34. > :52:39.taking an active part with the regime in its killing. If it is
:52:39. > :52:44.possible to have those talks, to make progress with 10 other nations
:52:44. > :52:48.including Russia and China, it would have been near on impossible
:52:48. > :52:53.with Iran in the same room blocking almost everything we wanted to
:52:53. > :52:58.decide. The presence of Iran wouldn't help us to move forward
:52:58. > :53:02.and reach any kind of international agreement. If we want to achieve
:53:02. > :53:08.anything we are not able to have Iran in the same room. Foreign
:53:08. > :53:13.Secretary, thanks for joining us. The Foreign Secretary, William
:53:13. > :53:18.Hague, has told this programme and there will be a very powerful case
:53:18. > :53:22.for a referendum on the EU. If other member states agreed a much
:53:23. > :53:26.closer union. But, he said the time to decide would be when it is clear
:53:26. > :53:33.how Europe will develop and have the UK's relationship with the EU
:53:33. > :53:36.could be made better. The chairman of the Financial Services Authority
:53:36. > :53:41.has confirmed the regulator is investigating possible interest-
:53:41. > :53:44.rate fixing at other banks other than Barclay's and collusion. Lord
:53:44. > :53:48.Turner said the scandal of round the libel market had been a shock
:53:49. > :53:52.to the reputation of the banking industry. And the business
:53:52. > :53:57.secretary has condemned what he calls the incompetent corruption
:53:57. > :54:01.and greed in British banking. Vince Cable called on shareholders to get
:54:01. > :54:07.a stronger grip. That's all from me for now, the
:54:07. > :54:13.next news is at midday. Now look back what is coming up after the
:54:13. > :54:19.programme. Greed, we are outraged by banking
:54:19. > :54:26.greed, but is it a necessary evil? The German court calls for a ban on
:54:27. > :54:31.male circumstances and for religious reasons. For Jews and
:54:31. > :54:35.Muslims call it a direct attack on their religion.
:54:35. > :54:42.And the rich get richer and the poor get poorer, what can be done
:54:42. > :54:49.about it. She rose to fame at the age of 16,
:54:49. > :54:58.and Mount Joss Stone is back with a sequel to her first collection. And
:54:58. > :55:05.she is not got any shoes on. You have been working hard, but you
:55:05. > :55:12.British fans have not been seen that much of you? I have been at
:55:12. > :55:19.home walking my dogs. You have gone back to your first album, The Soul
:55:19. > :55:24.Sessions. Tell us about this? first album was all covers. We are
:55:24. > :55:31.doing it again, pretty much. there an endless number of great
:55:31. > :55:36.songs? Exactly. This one we will sing, I think it is the most well
:55:36. > :55:40.known, possibly because it is the only one I knew. The guide that
:55:40. > :55:44.help me picked the songs, he picked some obscure songs I have never
:55:44. > :55:49.heard before, but this one is pretty well known in this country.
:55:49. > :55:56.For those who want to see you in concert, will they get a chance any
:55:56. > :56:01.time soon? In September I will play my mum's Club, Mamma stone in
:56:01. > :56:11.Exeter. You have kept faithful to your West Country roots? Are caused,
:56:11. > :56:14.
:56:14. > :56:20.yes. Thanks very much. -- of course. I am back next Sunday with guest
:56:20. > :56:30.including Vince Cable and Simon Russell Beale, the actor. Thanks
:56:30. > :56:39.
:56:39. > :56:45.for watching and we leave you with # Whenever I hear goodbyes.
:56:45. > :56:52.# Remind me baby of you. # I break down and cry.
:56:52. > :57:02.# Next time I'll be true, yeah. # Fever for lost romance.
:57:02. > :57:08.# Remind me baby of you. # I took a crazy chance.
:57:08. > :57:13.# Next time I'll be true. # I'll be true, I'll be true.
:57:13. > :57:17.# Footsteps on the dance floor. # Remind me baby of you.