Browse content similar to 23/06/2013. Check below for episodes and series from the same categories and more!
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of the year on Friday. Wimbledon starts tomorrow. Festival-goers | :00:36. | :00:40. | |
flocking to Glastonbury this week. It sounds like summer but as we all | :00:40. | :00:45. | |
now know it's not. It's not great out there, is it? So for the next | :00:45. | :00:50. | |
hour at least, do stay with us. We've got plenty for you. Barrister | :00:50. | :01:00. | |
and Labour Peer Helena Kennedy and comedian Russell Brand. A big week | :01:00. | :01:04. | |
ahead at Westminster. All eyes on the Chancellor in the Commons on | :01:04. | :01:07. | |
Wednesday afternoon when he finally unveils his spending review for | :01:07. | :01:10. | |
2015-16 after the next election. The Chancellor is claiming that the | :01:10. | :01:13. | |
medicine is beginning to work. All the pain is starting to produce | :01:13. | :01:16. | |
gain. "The British economy is leaving intensive care. And moving | :01:16. | :01:19. | |
from rescue to recovery," he says. This morning we'll be asking George | :01:19. | :01:22. | |
Osborne whether he's done the deal to claw back �11.5 billion from his | :01:22. | :01:27. | |
Cabinet colleagues. And just how painful this will be for all of us? | :01:27. | :01:30. | |
Meanwhile, Labour are also keen to talk tough. Yesterday the Labour | :01:30. | :01:32. | |
leader said he would be "remorseless" in prioritising | :01:32. | :01:37. | |
spending. They are both And this would include sticking to the Tory | :01:37. | :01:41. | |
plan for the overall level of government spending. Going to be | :01:41. | :01:50. | |
looking through the papers with us this morning. But Labour still refer | :01:50. | :01:53. | |
to this pledge as their starting point, so how long will they match | :01:53. | :01:58. | |
the Tories for? All this will be clarified by the Shadow Chancellor, | :01:58. | :02:01. | |
right here, in a few minutes. Also this morning I've been talking to | :02:01. | :02:03. | |
the actress Kim Cattrall and director Marianne Elliott about | :02:04. | :02:11. | |
staging an American classic that explores stardom and aging. Plus | :02:11. | :02:18. | |
some great music this morning from Sharleen Spitari and Texas. All that | :02:19. | :02:22. | |
coming up but first the news from Briony McKenzie. Good morning. The | :02:22. | :02:25. | |
United States is putting pressure on Hong Kong to extradite the former | :02:25. | :02:27. | |
intelligence agent Edward Snowden. I see Alexandra Del Lago, artist and | :02:27. | :02:32. | |
staff. It lodged the request for his return yesterday, with one official | :02:32. | :02:34. | |
saying any delay could harm diplomatic relations. Mr Snowden is | :02:34. | :02:37. | |
behind claims Britain's GCHQ has been gathering vast amounts of data | :02:37. | :02:42. | |
on people's use of the internet and phone calls. He's been charged in | :02:42. | :02:44. | |
the US with stealing government secrets. John Sudworth has this | :02:44. | :02:54. | |
:02:54. | :03:08. | ||
report. Overnight, Edward Snowden's status has changed. Before his | :03:08. | :03:14. | |
position was uncertain. Even his whereabouts unconfirmed. Now the USA | :03:14. | :03:24. | |
:03:24. | :03:28. | ||
has made it clear it is seeking his extradition from Hong Kong and it | :03:28. | :03:38. | |
:03:38. | :03:47. | ||
wants it done quickly. The story is once again, all over Hong Kong's | :03:47. | :03:53. | |
newspapers this morning, up until now, the authorities have been | :03:53. | :04:00. | |
saying very little. But that may have to change with one Washington | :04:00. | :04:10. | |
:04:10. | :04:15. | ||
official quoted as saying any foot dragging would strain relations | :04:15. | :04:19. | |
between America and this The Chancellor George Osborne will claim | :04:19. | :04:22. | |
the British economy is leaving intensive care as he unveils a fresh | :04:22. | :04:25. | |
round of spending cuts this week. Chinese territory. The spending | :04:25. | :04:27. | |
review will be announced on Wednesday, setting out �11.5 billion | :04:27. | :04:30. | |
worth of cuts to Government departments for 2015 to 2016. | :04:30. | :04:33. | |
Writing in the Sun newspaper today, the Chancellor has also unveiled a | :04:33. | :04:36. | |
new �10 million annual fund to help injured service personnel and their | :04:36. | :04:39. | |
families. It will be paid for from the fines levied on banks, for | :04:39. | :04:42. | |
attempting to manipulate the Libor interest rate. The warning came | :04:42. | :04:46. | |
shortly after more revelations from Mr At least ten foreign tourists | :04:46. | :04:49. | |
have been killed following a shooting in Pakistan. Snowdon were | :04:49. | :04:51. | |
published exposing Local police say gunmen stormed a hotel and opened | :04:51. | :04:54. | |
fire in the Diamer district of Gilgit-Baltistan. The extent of | :04:54. | :04:56. | |
Britain's own high-tech spying capabilities. The government's | :04:56. | :05:04. | |
eavesdropping centre GCHQ has been tapping the Internet and Initial | :05:04. | :05:07. | |
reports suggest the victims were from Ukraine, Russia and China. | :05:07. | :05:09. | |
Gathering enormous quantities of Officials in northern India have | :05:09. | :05:12. | |
warned that up to a thousand people may have died in the landslides and | :05:12. | :05:15. | |
flash floods triggered by early monsoon rains. Phone call Currently | :05:15. | :05:18. | |
almost 600 people are confirmed dead in the Himalayan state of | :05:18. | :05:20. | |
Uttarakhand, while about 40,000 are stranded in the mountains. | :05:20. | :05:24. | |
Information for years. GCHQ said its operating within the law and the | :05:24. | :05:30. | |
government says a warrant is needed to She said she could never have | :05:30. | :05:33. | |
imagined winning, but last night Andrea Begley was crowned the winner | :05:33. | :05:41. | |
of the BBC One talent show The Voice. The 27 year singer from | :05:41. | :05:44. | |
Northern Ireland beat the bookies' favourite Leah McFall to claim the | :05:44. | :05:47. | |
first prize of a record deal. Read the stored Communications of British | :05:47. | :05:49. | |
citizens Andrea, who's partially sighted, was described as an | :05:49. | :05:52. | |
inspiration by her mentor on the show, Danny O'Donoghue. . Meanwhile | :05:52. | :05:55. | |
Edward Snowden is reported to be in a safe location in location in the | :05:55. | :05:58. | |
Hong Kong where he That's all from me for now. Has I'll be back with | :05:58. | :06:01. | |
the headlines just before ten o'clock. Just spent his Back to you, | :06:01. | :06:11. | |
:06:11. | :06:11. | ||
Apology for the loss of subtitles for 80 seconds | :06:11. | :07:32. | |
Sophie. Thank you, Bryony. 30th stories in all the papers about | :07:32. | :07:38. | |
cabinet reviews and spending cuts. I have picked up a story in the front | :07:38. | :07:43. | |
of the Observer which is about a whole set of military leaders, | :07:43. | :07:53. | |
former chiefs of staff, generals, who are saying, do not raid the aid | :07:53. | :07:56. | |
budget to the developing world in order to fund the Ministry of | :07:56. | :08:01. | |
Defence because it is short-sighted folly, because contracts come out of | :08:01. | :08:07. | |
that impoverished and. It is interesting that he our military men | :08:07. | :08:10. | |
of great experience saying this babble about don't cut the | :08:10. | :08:14. | |
military, is something which has to be looked at cautiously and we | :08:14. | :08:19. | |
should not be diminishing our aid. Defence is a department going down | :08:19. | :08:26. | |
to the wire. There is a strong viewpoint about not sending more | :08:26. | :08:33. | |
money to poor countries. Cutting aid to foreign countries may exacerbate | :08:33. | :08:39. | |
military conflict so it is a short-sighted solution? In one. | :08:39. | :08:48. | |
Don't do it! We have solved that. There are lots of stories. There is | :08:48. | :08:52. | |
a big story here in the Daily Telegraph about how that buying | :08:52. | :09:02. | |
:09:02. | :09:02. | ||
between ministries is taking place. Osborne, he is coming on. | :09:02. | :09:08. | |
families' czar, Louise Casey, is wanting to maintain a large sum of | :09:08. | :09:12. | |
money to work with problem families in our country. Part of the problem | :09:12. | :09:15. | |
is all the ministries are saying they do not want the money to be | :09:15. | :09:21. | |
spent in that way, they want it to be maintained in their different | :09:21. | :09:25. | |
ministries. She is making the argument saying we have got to spend | :09:25. | :09:29. | |
money on the poorest and most troubled families in Britain. | :09:30. | :09:33. | |
is a good argument because otherwise there may be further rioting and | :09:33. | :09:37. | |
then we will have to clear up the rioting. If you are not nice to two | :09:37. | :09:43. | |
poor people they will riot. It is going to be incredibly tough. Some | :09:43. | :09:50. | |
of these cuts, �11.5 billion of cuts and years more austerity to come. | :09:50. | :09:53. | |
George Osborne says we are out of intensive care so it is all right | :09:53. | :09:58. | |
then. It is also bringing up that there is a split in the Cabinet. On | :09:58. | :10:03. | |
many arguments the Liberal Democrats take a different position from the | :10:03. | :10:06. | |
Conservatives so it hones in on the differences. Some of the stories are | :10:06. | :10:13. | |
about the way in which, there are divisions inside the Treasury. I | :10:13. | :10:17. | |
have got a story about legal aid. They are trying to cut legal aid and | :10:17. | :10:22. | |
prevent people having lawyers of their own choice. Part of that, | :10:22. | :10:27. | |
Clegg is saying he does not want to see that. Again, battles between the | :10:27. | :10:32. | |
Liberal Democrats and the Conservatives. It is a farcical | :10:32. | :10:36. | |
coalition because it is full of disruption and disjointed. Most | :10:36. | :10:44. | |
governments are about some kind of compromise. However, the divisions | :10:44. | :10:48. | |
are becoming more clear. They will become clear up to the next election | :10:48. | :10:52. | |
because the Liberal Democrats want to say we fought our corner. | :10:52. | :10:57. | |
Russell, you have got a story about tax havens. I have and it is | :10:57. | :11:02. | |
pertinent with the talks of �11.5 billion of cuts and Helena has | :11:02. | :11:07. | |
talked about the military not wanting cuts. It turns out that our | :11:07. | :11:13. | |
country, Britain, of which we are rightly proud, is a tax haven for | :11:13. | :11:20. | |
dodgy shell companies. They are saying Britain is one of the easiest | :11:20. | :11:24. | |
places in the world to set up companies which can be used for tax | :11:24. | :11:28. | |
evasion and money-laundering, according to a study by Australian | :11:28. | :11:32. | |
academics. I do not know that we can trust these Australian academics | :11:32. | :11:37. | |
because they dressed up as people looking for tax havens so there was | :11:37. | :11:40. | |
skulduggery at the offset. They do seem interesting that this country | :11:40. | :11:45. | |
as a tax haven, plus 50% of Tory funding comes from bankers, somebody | :11:45. | :11:51. | |
told me the other day, and of the 20 biggest donors to the Tory party, 14 | :11:51. | :11:57. | |
of them have strong associations to offshore accounts. In fact, I heard | :11:57. | :12:01. | |
that David Cameron is known as offshore Dave in that community. | :12:01. | :12:05. | |
whole business of tax evasion is one of the issues of our times. This | :12:05. | :12:14. | |
spotlight is falling on it heavily. I just avoided that tax, I did not | :12:14. | :12:19. | |
invade it. We will have to shine a spotlight on all of that. Can I just | :12:19. | :12:23. | |
say quickly, we should not be worrying about making money of poor | :12:23. | :12:32. | |
people, the already impoverished, there is this stuff. I imagine if | :12:32. | :12:37. | |
Vodafone are getting a certain amount of money from British people, | :12:37. | :12:42. | |
they should not be let off the hook. There is a story about naming and | :12:42. | :12:45. | |
shaming everybody who is getting state benefits and to publish how | :12:45. | :12:50. | |
much money they are getting from the state. If we are going to go after | :12:50. | :12:56. | |
tax dodgers... A think tank is suggesting that should be done. | :12:56. | :13:03. | |
have been on welfare. You already feel ashamed. You have to sign on. | :13:04. | :13:09. | |
Don't name and shame them people, name and shame the tax haven people. | :13:09. | :13:12. | |
Name and shame the people funding the Tory party who have offshore | :13:12. | :13:17. | |
accounts. Didn't George Osborne's family have offshore accounts? | :13:17. | :13:22. | |
can ask him later. It is a rhetorical question. There is a | :13:22. | :13:27. | |
whole set of stories across the press about the NHS, about | :13:27. | :13:30. | |
whistleblowers basically being threatened if they were going to | :13:30. | :13:34. | |
make public things that were going wrong, and that terrible story about | :13:34. | :13:41. | |
a father of a child who died, his account being that he was offered | :13:41. | :13:46. | |
money to remain silent. This stories on the front of the Daily Telegraph | :13:46. | :13:51. | |
and it is about basically the way in which people lose their jobs if they | :13:51. | :13:56. | |
speak out about things in the NHS. The only worry I have is that is all | :13:56. | :14:02. | |
across everywhere. There is no doubt there is too much secrecy around | :14:02. | :14:06. | |
this but I cannot help worrying that it is about undermining the national | :14:06. | :14:10. | |
health service to say it should be run in a different way and maybe | :14:10. | :14:14. | |
private companies should be better. I am not sure that private companies | :14:14. | :14:20. | |
are any more open and transparent. Whistleblower stories are like a | :14:20. | :14:26. | |
prelude to saying, let's privatise the NHS further? It is one of the | :14:26. | :14:29. | |
things we should worry about but I think we do want to listen to | :14:29. | :14:36. | |
stories about bad things that is going on. Can you hold the paper so | :14:36. | :14:44. | |
we can see the story about GCHQ? Whistleblower Edward Snowden has | :14:44. | :14:48. | |
been reportedly charged with espionage. But what he has done is | :14:48. | :14:52. | |
reveal that the Americans were spying on the Chinese. He is in Hong | :14:52. | :14:56. | |
Kong. That is a brilliant move. It will be really hard to get over | :14:56. | :15:01. | |
there and make him. The United States is accused of hacking China | :15:01. | :15:05. | |
and is on the front page of the Observer. It is picked up in the | :15:05. | :15:09. | |
other papers as well. The extent to which this is absolutely global, and | :15:10. | :15:13. | |
you can be sure that the United States has been hacking into | :15:13. | :15:18. | |
China's calls, China is doing the same to other folk as well. There is | :15:18. | :15:23. | |
a general sense in the public that why not, if this is going to keep | :15:23. | :15:32. | |
the world a secure place? What do you reckon? I don't like it. I do | :15:32. | :15:34. | |
not like that Edward Snowden reveals information and the person who gets | :15:35. | :15:38. | |
into trouble as the person who reveals the information. Does it | :15:38. | :15:43. | |
bother you, the notion of being spied on? Of course it does. | :15:43. | :15:47. | |
Initially they will say we are doing this to protect you from terrorism, | :15:47. | :15:50. | |
we are the government. But any time they are annoyed about anything, | :15:50. | :15:55. | |
they will be snooping around. Any kind of anti-authoritative stance | :15:55. | :16:00. | |
will be met with further snooping. I do not trust the government. I do | :16:00. | :16:03. | |
not want them looking at my e-mails. Some of them are very | :16:03. | :16:10. | |
smutty. I am not sure we want to look at them! We are running out of | :16:10. | :16:19. | |
time. Let's have a quick look at the story about protests. Ed Balls have | :16:19. | :16:22. | |
come out. That means we are doing well. He is literally in the | :16:22. | :16:31. | |
shadows. There is a story about Brazil. It spiralled from a row | :16:31. | :16:38. | |
about public transport. I remember when I used to get on buses. It was | :16:38. | :16:41. | |
annoying because sometimes they would not give you change. But the | :16:41. | :16:45. | |
people of Brazil have risen up en masse and are confronting the | :16:45. | :16:50. | |
authorities. They are browned off and they are kicking off and it is | :16:50. | :16:55. | |
happening all over the world. true that Brazil was one of those | :16:55. | :16:59. | |
countries which was seen as having survived the global crisis but they | :16:59. | :17:05. | |
are now facing recession to some extent themselves. It means the | :17:05. | :17:13. | |
middle classes as well as the poor are feeling the impact. People are | :17:13. | :17:20. | |
recognising that class divisions are irrelevant. Everyone is becoming | :17:20. | :17:27. | |
affected. That is the story in the observer. It is not just confined to | :17:27. | :17:32. | |
Brazil, it is happening globally. our country it is happening. I need | :17:33. | :17:38. | |
to ask you one more question, Brazil on your tour? I am here to promote | :17:38. | :17:43. | |
it. Even I am a bit sneaky. You are not going to the Middle East any | :17:43. | :17:48. | |
more, are you? I want to go but they cannot guarantee that they will not | :17:48. | :17:54. | |
kill me. Death is inevitable. I would go but I'm going to loads of | :17:54. | :18:00. | |
other places. Follow me on twitter. Promotion to the end! Thank you, | :18:00. | :18:05. | |
both of you. It is great kind of you to come in. Thank you for having us. | :18:05. | :18:10. | |
You are much better looking in real life! Here we go! Onto the weather. | :18:10. | :18:15. | |
It is officially summer but we are waiting for the weather to catch up | :18:15. | :18:25. | |
:18:25. | :18:32. | ||
gorgeous. There is a chilly wind and heavy showers. We have seen the sun | :18:32. | :18:36. | |
in one or two places in southern England. There is some persistent | :18:36. | :18:46. | |
:18:46. | :18:48. | ||
rain across northern Scotland which will make for a dismal day here. We | :18:48. | :18:53. | |
have persistent rain across north-east Scotland. A big contrast | :18:54. | :19:02. | |
here. North-east England and south-east Scotland are prone to | :19:02. | :19:09. | |
some heavy thundery showers. Temperatures may scrape up to 18 | :19:09. | :19:14. | |
degrees across some south-eastern parts. Some showers for Wales but | :19:14. | :19:23. | |
not as many for south-west England. We will see some sunshine and dry | :19:23. | :19:28. | |
weather. That is the trend for the week ahead. Increasing amounts of | :19:28. | :19:32. | |
sunshine. It will gradually turn warmer. Leave it or not, it looks | :19:32. | :19:42. | |
:19:42. | :20:12. | ||
like turning better for the first Good morning. You will stick to | :20:12. | :20:19. | |
these plans 100%. On current spending, excluding capital, that | :20:19. | :20:25. | |
is what we will do. We will inherit a very difficult situation. The | :20:25. | :20:30. | |
Chancellor's plans have not worked. Far from healing, the economy has | :20:30. | :20:36. | |
been flatlining for three years. We will have to make very difficult | :20:36. | :20:40. | |
decisions. There is no point in saying we want to spend more. We | :20:40. | :20:45. | |
will have to find different ways to make different choices to deliver a | :20:45. | :20:50. | |
strong economy and a fair society which Labour stands for in very | :20:50. | :20:55. | |
difficult times. With that include borrowing more to spend more on | :20:55. | :21:00. | |
capital spending? We have said, two years ahead, we do not know where | :21:00. | :21:04. | |
we will be. I am expecting to have a big deficit and therefore we will | :21:04. | :21:10. | |
be matching their plans. Which you borrow more? For this year and next | :21:10. | :21:15. | |
year, the Chancellor should do a �10 million boost for houses and | :21:15. | :21:18. | |
road building to get the economy growing. If you get more tax | :21:18. | :21:23. | |
revenues coming in, you'll get the deficit down and ease the pressure | :21:23. | :21:29. | |
on spending cuts. I cannot say to you where we will be in two years' | :21:29. | :21:33. | |
time. If there is still a case for capital investment, we will make | :21:33. | :21:40. | |
the case. On day-to-day spending, we will be very tough. You are | :21:40. | :21:44. | |
leaving open the door. Even in the first year you are leaving the door | :21:44. | :21:48. | |
open to possibly borrow more money in order to spend it on big | :21:48. | :21:55. | |
projects to encourage growth. chance there will be borrowing �96 | :21:55. | :22:02. | |
billion. He has said he will borrow 18 but he is borrowing 96. Living | :22:02. | :22:07. | |
standards are falling. I am asking what you are doing. You could | :22:07. | :22:16. | |
borrow more money to spend on big projects use they will benefit the | :22:16. | :22:20. | |
economy. -- you say. We will inherit a weak economy with high | :22:20. | :22:25. | |
levels of borrowing. I want to get the deficit coming down. We are | :22:25. | :22:30. | |
saying we will have to make changes within their plans. On capital | :22:30. | :22:34. | |
spending, we are saying, this year and next year the Chancellor should | :22:34. | :22:38. | |
be investigating getting the economy growing. I'm not going to | :22:38. | :22:42. | |
save what the judgment will be. We will wait until nearer the time. Do | :22:43. | :22:47. | |
I think there will be a case in two years' time to invest in roads and | :22:47. | :22:52. | |
infrastructure and get the economy moving and the deficit down? Yes. | :22:52. | :22:57. | |
That will mean you have to borrow more. The economics of this is | :22:57. | :23:01. | |
important to explain. The Chancellor said three years ago, he, | :23:01. | :23:07. | |
by cutting faster, would get the deficit down as he would get growth. | :23:07. | :23:11. | |
We have been in intensive care for three years because the plan failed. | :23:11. | :23:17. | |
He is borrowing billions more. I am saying, rather than focusing on | :23:17. | :23:23. | |
cuts two years ahead, why doesn't he act now on growth? The | :23:23. | :23:27. | |
International Monetary Fund said to borrow �10 billion now. I am trying | :23:27. | :23:32. | |
to clarify. For people who want to vote Labour, they want to know what | :23:32. | :23:39. | |
you're going to do. You have left the door open on borrowing for | :23:39. | :23:46. | |
capital projects. Yes, or no, you could borrow? The reason is, if | :23:46. | :23:51. | |
living standards are still falling and youth unemployment is still | :23:51. | :23:55. | |
high, if there is a case on the infrastructure to get things moving | :23:55. | :24:01. | |
with low interest rates, there is a case to do that. If George Osborne | :24:01. | :24:04. | |
had done at last year and a year before, we would not have had such | :24:04. | :24:11. | |
a flatlining economy. From 2016, we know what you'll do on the | :24:11. | :24:18. | |
Chancellor's spending plans. Beyond that, the Chancellor has pencilled | :24:18. | :24:24. | |
in for further cuts. Do you think you will do that or spend again? | :24:24. | :24:28. | |
The position for the next Labour government will be very different | :24:28. | :24:33. | |
from the past Labour government. We will want to make our society | :24:33. | :24:36. | |
fairer and get living standards and rising. We will be spending less | :24:36. | :24:42. | |
and not more. I cannot say to you were we will be on the economy. We | :24:42. | :24:48. | |
were hearing in the paper review, look around the world - falling | :24:48. | :24:54. | |
stock markets, Brazil, Turkey, the China slow down, I am fearful we | :24:54. | :24:59. | |
will be in for a difficult few years. Do I think after 2015/16, | :24:59. | :25:05. | |
the next Labour there will be making very difficult decisions? | :25:05. | :25:12. | |
Yes. Will it be cutting the top rate of tax for millionaires? No. | :25:12. | :25:18. | |
Will we be introducing a mansion tax to get living standards rising? | :25:18. | :25:25. | |
I hope they can do that. You look back to 2010, bute gave a speech | :25:25. | :25:31. | |
and you talked about the coalition spending plans. -- UK. He said they | :25:31. | :25:35. | |
were unsafe for public services and deeply unfair. I knew accepting | :25:35. | :25:42. | |
that what the Chancellor has done is right? -- are you accepting? | :25:42. | :25:51. | |
have had a wasted and damaging two years. It is deeply unfair what he | :25:52. | :25:56. | |
has done. Cutting taxes for the richest people but hitting the more | :25:56. | :26:01. | |
vulnerable people in society with the bedroom tax. Living standards | :26:01. | :26:07. | |
are down for families. The deficit rose and the national debt is | :26:07. | :26:13. | |
rising. We will inherit a difficult inheritance. The plan has failed on | :26:13. | :26:17. | |
growth and deficit. You are now going to accept the cuts and say | :26:17. | :26:24. | |
you'll stick with them. There is no point in me denying the reality of | :26:24. | :26:29. | |
the situation we will face in two years' time. We will come into | :26:29. | :26:33. | |
government in 2015 if people give us their trust. They have been told | :26:33. | :26:38. | |
this government would get rid of the deficit but it will be huge. | :26:38. | :26:43. | |
The economy I fear will be weak and long-term unemployment high. | :26:43. | :26:52. | |
Investment scissors not made and the global situation very bad. Can | :26:52. | :27:00. | |
I say we will make things better? And cannot say that. I would have | :27:00. | :27:05. | |
to clear up the economic mess. Everyone who wants to support | :27:05. | :27:12. | |
Labour is crying out for new hope and new direction. Not everyone | :27:12. | :27:17. | |
will agree with what I am saying. There are people in the Labour | :27:18. | :27:21. | |
Party and Conservative Party. I am being very straight and honest with | :27:22. | :27:27. | |
people. I am not going to make promises I cannot keep. We can do | :27:27. | :27:30. | |
things in a different way on growth and fairness but we will have to | :27:30. | :27:37. | |
make cuts. Not everyone will like that. It is the real world of these | :27:37. | :27:41. | |
years of failure from David Cameron and George Osborne. A high deficit, | :27:41. | :27:47. | |
not coming down. A national deficit rising year upon year. Public | :27:48. | :27:51. | |
sector workers will have to accept pay freezes again. The capsule will | :27:51. | :27:57. | |
have to bring in will be just as painful, weren't they? -- the cats. | :27:57. | :28:02. | |
George Osborne will act now. Unless he can get people back into work, | :28:02. | :28:08. | |
we say have a bank bonus tax to get people into jobs. We would have a | :28:08. | :28:14. | |
very difficult inheritance and a very big deficit. We can do things | :28:14. | :28:19. | |
differently. There will be an emphasis on education and the jobs | :28:19. | :28:23. | |
guarantee for young people. Tackling tax avoidance. If I said | :28:23. | :28:29. | |
there would not be cuts, I do not think people would believe me. | :28:29. | :28:35. | |
about the older voters - people and pensioners? You have opened up that | :28:35. | :28:40. | |
debate. Half of welfare goes on people over the age of 60. That is | :28:40. | :28:47. | |
an important debate that has to be had at some point. What about | :28:47. | :28:55. | |
pension spending? Is it included in your welfare cap? The Chancellor | :28:55. | :29:00. | |
has not announced this. It needs to look across all social security and | :29:00. | :29:07. | |
welfare spending. Over the next 30, 40 years, we have supported | :29:07. | :29:12. | |
measures. People are living longer and we will have to work longer. We | :29:13. | :29:17. | |
will have to work for the next few years. We will support the | :29:17. | :29:23. | |
Government on the triple-lock. The Tory scares about pension spending | :29:24. | :29:29. | |
are nonsense. I will give you one example we will do in government. | :29:29. | :29:34. | |
We will say, the cannot justify paying back to the richest | :29:34. | :29:39. | |
pensioners paying over �40,000 when the NHS is under such pressure and | :29:39. | :29:47. | |
living standards are falling. They are cutting taxes for millionaires. | :29:47. | :29:52. | |
What about pensions? Are you going to cap them? There has been a | :29:52. | :29:56. | |
debate about how you make sure pensions spending over the next 40, | :29:56. | :30:01. | |
50 years is affordable. That is why the pension age is rising above 65 | :30:01. | :30:06. | |
in the next 15 years which we have supported. There is a debate be had | :30:06. | :30:11. | |
about whether or not we have long term affordability in pensions. | :30:11. | :30:15. | |
There have been difficult reforms in public sector pensions which | :30:15. | :30:19. | |
have been supported by the trade unions after negotiation. We are | :30:19. | :30:27. | |
all facing up to difficult decisions. It sound like you are | :30:27. | :30:32. | |
looking at capping pensions. It is not possible to have a debate about | :30:32. | :30:37. | |
affordability and avoided almost half of spending that goes to | :30:37. | :30:40. | |
people over 60. People of my generation or the younger | :30:40. | :30:44. | |
generation are going to work longer than our parents and grandparents. | :30:44. | :30:49. | |
That is all about making pension spending affordability. In the | :30:49. | :30:53. | |
short-term, ignore the Tory scares. We will make sure the pension rises | :30:53. | :30:56. | |
are properly protected and will make the difficult decision on the | :30:56. | :31:06. | |
:31:06. | :31:31. | ||
winter and as for the richest about existing pensioners but the | :31:31. | :31:35. | |
next generation of working people will end up working longer and that | :31:36. | :31:38. | |
will be necessary for affordability and so we can be better off in | :31:38. | :31:44. | |
retirement. A lot of the problems in the spending review is because so | :31:44. | :31:50. | |
much of it is ring fenced. Will you continue ring fencing the NHS? | :31:50. | :31:54. | |
will make decisions in our manifesto on those things. The last government | :31:54. | :31:59. | |
said they would cut inheritance tax and they didn't. It loses trust in | :31:59. | :32:02. | |
politics, people breaking promises, so I'm not going to make promises | :32:02. | :32:09. | |
now. We will always support spending rising in the NHS and its likely all | :32:09. | :32:15. | |
parties will prioritise it. VAT, temporary cut. Is that still going | :32:15. | :32:22. | |
ahead? No, because George Osborne has got his head in the sand. | :32:22. | :32:26. | |
not talk about George Osborne but would you do that? Today in | :32:26. | :32:32. | |
government wish to mark after the election. I you still planning to | :32:32. | :32:37. | |
bring in a temporary VAT cut? speech two weeks ago, I said today | :32:37. | :32:41. | |
and for the last three years, to get the economy moving... Today is | :32:41. | :32:44. | |
irrelevant because you're not Chancellor. I'm asking what you | :32:44. | :32:50. | |
would do in 2015. It's not irrelevant because the argument is | :32:50. | :32:53. | |
important. If George Osborne had done this two years ago, we would be | :32:53. | :32:58. | |
in a better place. Over the next year, if recovery takes hold, as I | :32:58. | :33:05. | |
hope it will, I said last week, two weeks ago, the balance of advantage | :33:05. | :33:11. | |
will shift from a VAT cut, which is what we would've done to long-term | :33:11. | :33:14. | |
capital investment, as the best way to keep the economy growing. Do I | :33:15. | :33:19. | |
expect a VAT cut to be part of our manifesto in two years time? Of | :33:19. | :33:23. | |
course not. To be honest, we advocated for a year and a half | :33:23. | :33:28. | |
longer than I expected because George Osborne's failure has been so | :33:29. | :33:34. | |
catastrophic. Will he admit to that today? I very much doubt it. | :33:34. | :33:37. | |
Balls, we must leave it there. Thanks very much. When one of the | :33:37. | :33:41. | |
most iconic TV stars in the world joins forces with one of theatre's | :33:41. | :33:43. | |
finest directors to revive an edgy American play, the expectations are | :33:43. | :33:47. | |
sky high. Kim Cattrall, who got all the best lines in the sizzling | :33:47. | :33:50. | |
series Sex and the City, is back on stage in London. The Tennessee | :33:50. | :33:52. | |
Williams classic, Sweet Bird of Youth, sees her teamed with | :33:52. | :33:55. | |
director, Marianne Elliott, the woman behind mammoth hits such as | :33:55. | :33:58. | |
War Horse. The play is set in the oppressive Deep South of 1950s | :33:58. | :34:06. | |
America. Cattrall plays a fading film star, Alexandra Del Lago. She's | :34:06. | :34:12. | |
on the run from a faltering career and also from the ageing process. | :34:12. | :34:17. | |
Chance, you have gone past something you can't afford to go past. Time, | :34:17. | :34:23. | |
use, you've passed it. Who the hell is talking? Look in the mirror. | :34:23. | :34:30. | |
do you see? I see Alexandra Del Lago, artist and star. Now it's your | :34:30. | :34:36. | |
turn. You look and what do you see? Well, I met both actress and | :34:36. | :34:39. | |
director at the Old Vic last week Kim Cattrall began by discussing why | :34:39. | :34:42. | |
the theme of women and ageing encouraged them both to collaborate | :34:42. | :34:51. | |
on this production. We were brought together to do this project and I | :34:51. | :34:55. | |
think we were both frightened of it and attracted to it because it was | :34:55. | :35:00. | |
talking about issues that are near and dear to me and things I'm | :35:01. | :35:08. | |
actually dealing with in real life. And to me. I've got ten years on | :35:08. | :35:17. | |
you, baby. It's really, rarely talked about. Or portrayed, expect | :35:17. | :35:25. | |
that except in a 1-dimensional way. I think what is going on, with | :35:25. | :35:30. | |
ageing in the world now, it's very negative. This anti-ageing clinics, | :35:31. | :35:35. | |
to eradicate, I suppose. She's in a very vulnerable place when we first | :35:35. | :35:39. | |
meet her. She has emphysema and is travelling with someone she doesn't | :35:39. | :35:43. | |
really know, who she's picked up, and he's taken her on this journey. | :35:44. | :35:52. | |
She's a sex addict. She's addicted to alcohol. And drugs. She wakes up | :35:52. | :35:56. | |
in a hotel room, doesn't know where she is, who he is or what is | :35:56. | :36:02. | |
happening. She arrives with Chance Wayne, who is struggling with his | :36:02. | :36:08. | |
own age even know his 29. Yes, it's nearly 30, and for him, that's a big | :36:08. | :36:13. | |
deal, I suppose because he was once the star of the time. It was a lot | :36:13. | :36:18. | |
of potential ahead of him. He had amazing good looks and was an actor | :36:18. | :36:23. | |
and was getting parts in Hollywood and doing really well. But then it | :36:23. | :36:27. | |
all started to dry up and he started to realise he was losing his looks, | :36:28. | :36:32. | |
so his greatest commodity, I suppose, was slipping away from him. | :36:32. | :36:37. | |
He wasn't achieving things he wanted to achieve. You play these terribly | :36:37. | :36:41. | |
strong women but you strike me as somebody, the older you get, the | :36:41. | :36:47. | |
more confident and more bold you get. This places and negatives, | :36:47. | :36:52. | |
you're letting go of something and hopefully embracing something else. | :36:52. | :36:58. | |
It is in that letting go and embracing that the conflict occurs. | :36:59. | :37:02. | |
It had a girls name? It's the name of the daughter of the biggest | :37:02. | :37:07. | |
political deal in this part of the country. Heavenly is a beautiful | :37:07. | :37:12. | |
young girl in her 20s crossing paths with me, and every night I get to | :37:12. | :37:16. | |
see that and even talking about it now it gives me chills because it's | :37:16. | :37:19. | |
something that is not there any more. I can't reach for it but I | :37:20. | :37:23. | |
long for it, I long for the energy of it, the adventure of it, the | :37:23. | :37:30. | |
unknown of it. But that's passed for me as well as Alexandra Del Lago. | :37:30. | :37:37. | |
hope that's what the play addresses because you get it in your business, | :37:38. | :37:42. | |
as well. You have lost your validity as you get older as a woman. I think | :37:42. | :37:45. | |
every woman feels like that, actually, because we are in a youth | :37:45. | :37:50. | |
culture. It worships youth and the way we look and how virile you are, | :37:50. | :37:56. | |
that's what the play absolutely addresses. Alexandra Del Lago is an | :37:56. | :38:00. | |
absolutely extraordinary likeable woman. But she doesn't feel like she | :38:00. | :38:06. | |
is. She lives in a world which celebrates youth and looks. In terms | :38:06. | :38:11. | |
of your job now, director, you have done incredibly well in recent | :38:11. | :38:17. | |
years, but you can still count on one hand female directors who are a | :38:17. | :38:20. | |
success. You never thought when you started out, you would make little | :38:20. | :38:24. | |
top director because you went to man. Absolutely, I just assumed you | :38:24. | :38:28. | |
had to be male, yes. That wasn't that long ago, it's quite shocking, | :38:28. | :38:34. | |
isn't it? Is it changing for women in roles because the old you get in | :38:34. | :38:38. | |
Hollywood there's the whole thing about our youth are not going to get | :38:38. | :38:43. | |
the parts? Is it just an industry for young people? Is it changing? | :38:43. | :38:52. | |
No, the only way it is changing is that women who like myself | :38:52. | :38:55. | |
fortunately can produce their own projects or instigate them to get | :38:55. | :39:02. | |
them going, because when I turned 35 the amount of scripts I was sent was | :39:02. | :39:12. | |
:39:12. | :39:12. | ||
cut in half automatically. Yeah, I was just so... Sex in the | :39:12. | :39:17. | |
city, playing a character in her 40s and sexualised and empowered in | :39:17. | :39:21. | |
those things was really a one-off situation. Very, very unusual, so I | :39:21. | :39:27. | |
feel, still come at this age that I'm learning and that, I feel, is | :39:27. | :39:32. | |
the anti-ageing potion, not a clinic somewhere, Botox, something like | :39:32. | :39:40. | |
that. Not that there's anything If you want a hot sex life, you must | :39:40. | :39:44. | |
turn up heat. You're famous role was a man stuff. How did it change the | :39:44. | :39:51. | |
way we look at older woman? I hope drastically. In a positive way, I | :39:51. | :39:56. | |
was frightened myself, you know, at 41, I turned the role down | :39:56. | :39:59. | |
consecutively because I just didn't feel that I could pull it off. Why | :39:59. | :40:09. | |
:40:09. | :40:10. | ||
not? I felt I was past it. I did. But that was 1997. That's how much | :40:10. | :40:15. | |
things have changed, which I think is very exciting. I just sort of | :40:15. | :40:24. | |
felt, can I be this sexual animal? How will that make me feel? So I was | :40:24. | :40:28. | |
suffering, I think from ages on myself, and thinking, oh no, but | :40:29. | :40:33. | |
now, of course, I don't feel that at all. Just getting warmed up! There | :40:33. | :40:41. | |
you go. The British economy is out of intensive care. Those were the | :40:41. | :40:43. | |
Chancellor's words last week. A sign, perhaps, that he expects | :40:43. | :40:52. | |
growth to pick up soon. It is the lack of growth over the past three | :40:52. | :40:55. | |
years that has killed his plan to eliminate the deficit during this | :40:55. | :40:58. | |
Parliament. And that means several more years of austerity to come. On | :40:58. | :41:01. | |
Wednesday, the Chancellor will set out the next round of cuts that each | :41:01. | :41:04. | |
government department must make. George Osborne is with me now. Good | :41:04. | :41:09. | |
morning. As that of intensive care, have we turned a corner? I think we | :41:09. | :41:12. | |
are moving from rescue to recovery and you can see that because the | :41:12. | :41:18. | |
economy is growing, the debt is coming down, a record number of | :41:18. | :41:22. | |
people are in work. They're still going to be, of course, challenges | :41:22. | :41:25. | |
because the current problems Britain built up over many years are | :41:25. | :41:28. | |
considerable. You can see what's happening elsewhere in the world, | :41:28. | :41:33. | |
but I think we are out of intensive care and the job now is to secure | :41:33. | :41:36. | |
the recovery and I'm confident we can turn the country around. Green | :41:36. | :41:43. | |
shoots out there? We have got to stick at the plan, the economic plan | :41:43. | :41:47. | |
which is reducing the debts, making businesses more competitive, helping | :41:47. | :41:52. | |
to create jobs, making sure Britain can win the global race. There's no | :41:53. | :41:56. | |
chance you've said we are out of intensive care, there's no chance of | :41:56. | :42:02. | |
relapse? There certainly is if we abandon economic plan. If Britain | :42:02. | :42:06. | |
suddenly said, we don't have the confidence to deal with our debts, | :42:07. | :42:10. | |
we're not prepared to confront our problems, then we would go back into | :42:10. | :42:14. | |
intensive care and that's what this week is all about, making sure we | :42:14. | :42:18. | |
can secure the recovery and we will go on taking the difficult | :42:18. | :42:22. | |
decisions. Go on cutting back spending. Go on prioritising | :42:22. | :42:25. | |
spending on the things which help the economy and cutting the spending | :42:25. | :42:30. | |
that doesn't. That's what we have got to go on doing. You have set | :42:30. | :42:32. | |
great store about a deficit reduction but at the moment, it's | :42:32. | :42:40. | |
remaining flat. The deficit is down by a third. But the last two years, | :42:40. | :42:44. | |
and possibly by the end of this year, it's basically stuck around | :42:44. | :42:49. | |
120 billion. When I came into office we were borrowing 159 billion, so | :42:49. | :42:53. | |
yes, we have made a substantial progress but the deficit is still | :42:53. | :42:57. | |
too high. We have got to bring it down. It's higher than many other | :42:57. | :43:00. | |
countries because we started from such a high place in the first | :43:00. | :43:04. | |
place. Of course, we have got to go on keeping the pressure on, | :43:04. | :43:10. | |
government spending, making sure the country earns its way in the world. | :43:10. | :43:15. | |
It's incredibly challenging for you and you have 17 departments and how | :43:15. | :43:19. | |
many of them have you settled lives? We have made a lot of progress. It | :43:19. | :43:23. | |
hasn't finished as of Sunday morning. We are finalising the | :43:24. | :43:26. | |
details but I can tell you today I have settled the defence Department | :43:26. | :43:30. | |
which people thought was going to be one of the biggest and most | :43:30. | :43:35. | |
difficult challenges so I have agreed with Philip Hammond a defence | :43:35. | :43:39. | |
budget, which will involve tough choices, the civilian headcount will | :43:40. | :43:45. | |
have to produce. We will have to renegotiate some of our big | :43:45. | :43:49. | |
suppliers on contracts, but there will not be a reduction in military | :43:49. | :43:53. | |
credibility, and we won't reduce the numbers of sailors, soldiers and | :43:53. | :43:58. | |
airmen. In fact, we can spend more money on things like the new | :43:58. | :44:04. | |
frontier in defence, cyber. Plenty people are worried you will break | :44:04. | :44:08. | |
the military covenant. Can you guarantee you won't do that? I can | :44:08. | :44:12. | |
absolute guarantee that and I can do more. We are dealing with people of | :44:12. | :44:15. | |
comeback from wars in Afghanistan and Iraq with horrific injuries, | :44:15. | :44:19. | |
they have recovered from his injuries, and I want to make sure as | :44:19. | :44:24. | |
a society we don't forget about these people after the war is over. | :44:24. | :44:28. | |
We are committing for the rest of these people's lives, to support the | :44:28. | :44:33. | |
military covenant, to support them, to go on spending �10 million a year | :44:33. | :44:37. | |
on these causes. We can do this, in part, because we are using the money | :44:37. | :44:41. | |
we have taken off bankers involved in the libel scandal. People who | :44:41. | :44:46. | |
demonstrated the worst of the scandals in the city are now | :44:47. | :44:51. | |
supporting those who demonstrated the best of the values, the | :44:51. | :44:59. | |
shoulders who gave so much to defend our country. What about business? We | :45:00. | :45:03. | |
haven't sorted it out as of this morning but I'm confident we will do | :45:03. | :45:08. | |
it. There's not a massive argument. Of course, we're arguing about the | :45:08. | :45:12. | |
smaller details but not the big picture. And, actually: Vince Cable | :45:12. | :45:16. | |
and I want to achieve the same things, which is backing the | :45:16. | :45:22. | |
economy, and I want to see science supported. That's part of this | :45:22. | :45:25. | |
budget. Britain leads the way in science and that all about Britain | :45:25. | :45:30. | |
that was economic future. Why is it so close to the wire? It's three | :45:30. | :45:33. | |
days away for them he must be digging his heels in because you | :45:33. | :45:37. | |
have sort of a defence which we knew was going to be problematic. There | :45:37. | :45:41. | |
is still three days away and it hasn't been sorted? I thought about | :45:41. | :45:44. | |
defence last night so these things are finished with a few days to go | :45:44. | :45:48. | |
to the spending round. Actually, in the past, these things often done | :45:48. | :45:52. | |
the night before. I'm confident we have got the deal and everybody in | :45:52. | :46:02. | |
:46:02. | :46:07. | ||
the Cabinet knows to go on delivering the economy plan, make | :46:07. | :46:10. | |
those savings and so, I'm absolutely clear we can deliver this plan, we | :46:10. | :46:13. | |
will have the �11.5 billion worth of savings and we will do it in a way | :46:13. | :46:15. | |
which prioritises services people care about, the things which support | :46:15. | :46:18. | |
our economy and the things which make sure we can live in a world and | :46:18. | :46:28. | |
:46:28. | :46:41. | ||
There is a huge squeeze on the rest, as you well know. Those ring | :46:41. | :46:47. | |
fences will not stay in place? are called ring fences in Whitehall | :46:47. | :46:51. | |
but what they are really about is the public's priorities. I suspect | :46:51. | :46:57. | |
we could talk to the audience watching the show now, they would | :46:57. | :47:01. | |
want us to be supporting the NHS and schools. Many people in our country | :47:01. | :47:07. | |
want us to honour our commitments to the world. Poorest is. We will at | :47:07. | :47:16. | |
salute you do that. We call them ring fences but they are the | :47:16. | :47:26. | |
public's priorities. I think they would want us to be spending money | :47:26. | :47:32. | |
on the NHS and education. I am pretty clear they are the public's | :47:32. | :47:36. | |
priorities, they are my priorities and if you look at things like the | :47:36. | :47:40. | |
NHS, if you look at education and also the police, I remember sitting | :47:40. | :47:49. | |
in this chair a couple of years ago, saying if you make any savings | :47:49. | :47:55. | |
and cut at its, crime will go up. But crime has come down. There has | :47:55. | :47:58. | |
been quite a lot of scaremongering about the choices we have had to | :47:58. | :48:06. | |
make. If we look three years on, we will get quality public services. | :48:06. | :48:12. | |
you continue those ring fences it becomes very unbalanced. The other | :48:12. | :48:18. | |
issue I was talking to Ed Balls about was pensions, people over 60. | :48:18. | :48:23. | |
How can you justify in these austere times still allowing wealthy | :48:23. | :48:27. | |
pensioners the winter fuel allowance? First of all, Ed Balls, | :48:27. | :48:30. | |
after five questions from you, finally admitted he would borrow | :48:30. | :48:37. | |
more. We know that but I am asking you. After all the nonsense of | :48:37. | :48:41. | |
labour learning the lessons of what went wrong on their watch, they | :48:41. | :48:45. | |
would still borrow more. On pension benefits, including the winter fuel | :48:45. | :48:54. | |
allowance, we made a very clear promise and we believe in keeping | :48:54. | :48:59. | |
our promises to the British people. Second, when it comes to pension | :48:59. | :49:03. | |
benefits, our society is getting older. We will be spending more on | :49:03. | :49:07. | |
our older people. I want to make sure that is sustainable. What about | :49:07. | :49:12. | |
the next Parliament? I am the Chancellor who increased the pension | :49:12. | :49:17. | |
age. It was a very difficult thing to do and was not supported at the | :49:17. | :49:23. | |
time. All of those pension benefits, not the basic state pension, we have | :49:23. | :49:27. | |
got to look at how we can afford them. I think the simplest thing we | :49:27. | :49:33. | |
can do is increase the pension age as we have done and set out those | :49:33. | :49:38. | |
increases to 66 or 67. I do not want pensioners to be impoverished. I | :49:38. | :49:42. | |
want them to have a standard of living that reflect the fact they | :49:42. | :49:46. | |
have worked hard and saved hard all their life. I would focus on the | :49:46. | :49:50. | |
fact that we are living longer than try to cut the benefits which go to | :49:50. | :49:54. | |
pensioners. But you are still open to the fact that at the next | :49:54. | :49:59. | |
election, if you're still empower, wealthy pensioners could lose some | :49:59. | :50:03. | |
of those benefits. We all have to consider the promises we make for | :50:03. | :50:06. | |
the next Parliament. Having looked at the way we have behaved in this | :50:06. | :50:11. | |
Parliament, we have made sure this country can afford the budget. That | :50:11. | :50:17. | |
is what you will get with us. You will get people who deliver credible | :50:17. | :50:22. | |
economic plans to secure the recovery. Let's talk about RBS. They | :50:22. | :50:27. | |
are quite likely now to be split up into a good bank and a bad bank? | :50:27. | :50:32. | |
That is something we are looking at. There is a big debate about whether | :50:32. | :50:36. | |
RBS is too slow in recovering, whether it is doing enough to | :50:36. | :50:39. | |
support the British economy. It lends more to small businesses than | :50:39. | :50:43. | |
any other bank so it is very important. We are saying maybe there | :50:43. | :50:48. | |
is a case for taking away the bad loans of the past, so they can focus | :50:48. | :50:52. | |
on lending in the future. We will have a new Chief Executive. We are | :50:53. | :50:58. | |
absolutely clear that RBS will not be some global bank, and massive | :50:58. | :51:03. | |
investment bank, it will be focused on Britain. This is why Stephen | :51:03. | :51:08. | |
Hester had to go, isn't it? He has been working so hard to sell it off | :51:08. | :51:13. | |
as one entire bank, he would never have countenanced that, he had to | :51:13. | :51:18. | |
go, didn't he? Stephen Hester chose to go. People say you encouraged | :51:18. | :51:25. | |
it. It had my consent and approval. I am representing the taxpayer, I am | :51:26. | :51:30. | |
representing the people who worked hard and put �60 billion or more of | :51:30. | :51:35. | |
their own money into the banks. I think the public want RBS to be a | :51:35. | :51:38. | |
British bank supporting British business and British families. | :51:38. | :51:42. | |
public want to know when they will get their money back. Do you think | :51:42. | :51:47. | |
they will get their money back from RBS and Lloyds before the next | :51:47. | :51:49. | |
election? I'm confident we will start getting money back from | :51:50. | :51:54. | |
Lloyds, so we will start to sell Lloyd's in a way which will reduce | :51:54. | :52:00. | |
our national debt. Lloyds is in a good shape. There is a lot of | :52:00. | :52:04. | |
progress there. I and the first person who wants to make sure we are | :52:04. | :52:07. | |
reducing our debts. We will have to leave it there. Thank you. Now the | :52:07. | :52:11. | |
news headlines. The Chancellor of the Exchequer has | :52:11. | :52:14. | |
told this programme that the British economy is out of intensive care, | :52:14. | :52:19. | |
but he said economic recovery would only be secured by sticking to his | :52:19. | :52:23. | |
plan to get rid of the deficit. George Osborne will announce on | :52:23. | :52:26. | |
Wednesday the results of his spending review, J setting budgets | :52:26. | :52:33. | |
for each department. George Osborne confirmed the Ministry of Defence | :52:33. | :52:38. | |
has been the latest department to settle its budget. The shadow | :52:38. | :52:44. | |
chancellor Ed Balls said Labour would stick to spending limits but | :52:44. | :52:50. | |
there could be a case for Labour to borrow more money to fund | :52:50. | :52:52. | |
infrastructure all projects such as building new roads. | :52:52. | :52:56. | |
The former intelligence analyst Edward Snowden has left Hong Kong. | :52:56. | :52:59. | |
American authorities had been seeking his extradition from the | :53:00. | :53:04. | |
region on charges of espionage and theft. The Hong Kong government said | :53:04. | :53:11. | |
he departed legally voluntarily boarding a plane to a third country. | :53:11. | :53:16. | |
The South China Post reported he may be on his way to Moscow but his | :53:16. | :53:22. | |
final destination may be Ecuador or Iceland. That is all from me. Back | :53:22. | :53:26. | |
to Sophie and guests in a moment but first a look at what is coming up | :53:27. | :53:31. | |
after this programme. We debate whether Ian Brady has the | :53:31. | :53:39. | |
right to die. And Brighton seeks to prevent another betting shop from | :53:40. | :53:45. | |
opening. The Chancellor is still with me. We | :53:45. | :53:50. | |
have been joined by Ed Balls and Sharleen Spiteri, the lead singer | :53:50. | :53:55. | |
with the band Texas and you are back with a new album, 25 years after | :53:55. | :54:02. | |
your debut. It is extraordinary. cannot be 25 years. I keep saying | :54:02. | :54:09. | |
that. It is 25 years since our first concert at Dundee University, in the | :54:09. | :54:13. | |
bar, not even on the big stage. It was a while ago and here we are, | :54:13. | :54:18. | |
still doing it. I feel very privileged and making music and | :54:18. | :54:25. | |
people are interested. Chancellor, I am sorry to do this to you, singing | :54:26. | :54:30. | |
is not your thing. Not really!You have been making the headlines with | :54:30. | :54:36. | |
another Osborne. We cannot tempt you. He asked you to do a duet. | :54:36. | :54:44. | |
on, George. I cannot sing and he has asked me for a game of golf and I | :54:44. | :54:50. | |
cannot play golf. It is not going very well, this new friendship. That | :54:50. | :54:54. | |
is the cool Osborne. It is not easy when someone gets your name wrong to | :54:54. | :54:58. | |
correct them, particularly when it is the president of the United | :54:58. | :55:02. | |
States. It is nice to be first nine terms with him even if he sometimes | :55:02. | :55:12. | |
:55:12. | :55:16. | ||
get the name wrong! What about you, Sharleen, something? He has | :55:16. | :55:23. | |
certainly enjoyed it, this week, hasn't he? He changed his Wikipedia | :55:23. | :55:28. | |
page to say he was the chancellor of the exchequer. Sharleen, I will let | :55:28. | :55:31. | |
you get ready because you are going to play us out. On a more serious | :55:31. | :55:38. | |
note, I guess you did not think you would be sat next Ed Balls adopting | :55:38. | :55:44. | |
your spending plans. I am not sure that he has stopped we have won this | :55:44. | :55:47. | |
argument that Britain has two live within its means, the deficit has | :55:47. | :55:52. | |
come down and labour is very confused about how it will present | :55:52. | :55:57. | |
this argument but the bottom line is he says he wants to borrow more. | :55:57. | :56:01. | |
Just say you want to borrow more. The problem is that George said in | :56:01. | :56:04. | |
the autumn statement that the deficit would come down and it went | :56:04. | :56:09. | |
up. He's not even getting the deficit down. I think he should quit | :56:09. | :56:13. | |
this Chancellor game and come marathon running with me and you, | :56:13. | :56:18. | |
Sophie! We will sign him up for next year. You cannot play golf and you | :56:18. | :56:23. | |
cannot sing, can you run? I do do running in the park but I have not | :56:23. | :56:29. | |
taken on a marathon yet. I will probably stick with sponsoring you. | :56:29. | :56:34. | |
Letting you run the marathon is for me. You two can discuss that. I will | :56:34. | :56:44. | |
:56:44. | :56:51. | ||
rock n roll. # Let's anew at sunset, life with a lot more soul. # Well, I | :56:51. | :56:58. | |
know you spend a lot of time alone in your head. | :56:58. | :57:03. | |
# Remember what you said. # I never thought you'd be so easily | :57:03. | :57:06. | |
lead. # One million lights, they're | :57:06. | :57:13. | |
burning our eyes til the morning. # Run for our lives as you watch all | :57:13. | :57:19. | |
the cars on the freeway. # And you said I-I come from Detroit | :57:19. | :57:29. | |
:57:29. | :57:32. | ||
City. # I, I'm hard to satisfy. # And I | :57:32. | :57:38. | |
want someone like you, you look so pretty. | :57:38. | :57:43. | |
# In Detroit City. # You said you got some on the city again, its | :57:43. | :57:53. | |
:57:53. | :57:58. | ||
dreams. # play records in the heat while the | :57:58. | :58:01. | |
siren screams. # I couldn't believe someone like me | :58:01. | :58:08. | |
would leave you so weak. # We're dancing in the streets. # You know | :58:08. | :58:12. | |
we don't need no sleep. # One million lights, they're | :58:12. | :58:20. | |
burning our eyes til the morning. # Run for our lives as we watch all | :58:21. | :58:24. | |
the cars on the freeway. # And you said I, I come from | :58:24. | :58:34. | |
:58:34. | :58:38. |