Browse content similar to 13/03/2016. Check below for episodes and series from the same categories and more!
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The Budget's coming this week, we're told George Osborne faces | :00:00. | :00:00. | |
an ?18 billion black hole and so the rest of us | :00:00. | :00:09. | |
Is Tory economic optimism unravelling? | :00:10. | :00:31. | |
The Chancellor joins me to talk cuts, taxes and Europe. | :00:32. | :00:35. | |
All subjects as well for his Labour opposite number John McDonnell. | :00:36. | :00:44. | |
In the Europe debate there's been a lot of loose talk about security | :00:45. | :00:48. | |
I'm joined by one of our most successful thriller writers | :00:49. | :00:53. | |
and ex-MI6 man who knows a thing or two about that, | :00:54. | :00:56. | |
In the EU debate Norway is endlessly cited. | :00:57. | :01:05. | |
We're going to finish with a northern light, | :01:06. | :01:07. | |
Norway's new pop star Aurora. And reviewing the papers, | :01:08. | :01:19. | |
the Guardian's new joint political editor Anushka Asthana, | :01:20. | :01:23. | |
one of the most trenchant voices in journalism, | :01:24. | :01:26. | |
Peter Hitchens from the Mail on Sunday and with her eye | :01:27. | :01:28. | |
But first the news with Christian Fraser. | :01:29. | :01:33. | |
The Chancellor, George Osborne is warning that there will be | :01:34. | :01:37. | |
further cuts in public spending, as he prepares to deliver his | :01:38. | :01:40. | |
Writing in the Sun on Sunday, he says the world is facing its most | :01:41. | :01:45. | |
uncertain period since the financial crisis. | :01:46. | :01:47. | |
Our political correspondent, Eleanor Garnier reports. | :01:48. | :01:52. | |
The Chancellor is preparing for his eighth Budget and with three | :01:53. | :01:55. | |
days to go, there is a warning about the | :01:56. | :01:57. | |
dangers facing the world economy and the impact it will have | :01:58. | :02:00. | |
In his article in the Sun on Sunday, Mr Osborne cites the slowdown | :02:01. | :02:06. | |
in China, the fall in oil prices and political | :02:07. | :02:09. | |
He warns that will have an impact on the UK's finances | :02:10. | :02:16. | |
and it is the reason, he says, for more cuts in public spending | :02:17. | :02:20. | |
so the country can live within its means. | :02:21. | :02:23. | |
The Chancellor has promised to get the books into surplus by 2020. | :02:24. | :02:28. | |
Only four months ago at the Autumn Statement, | :02:29. | :02:31. | |
he sounded upbeat about the country's finances | :02:32. | :02:34. | |
but now, with the size of the British | :02:35. | :02:37. | |
economy much smaller than expected, it seems the Chancellor has not | :02:38. | :02:41. | |
A British man who was jailed in the United States for providing | :02:42. | :02:50. | |
support to the Taliban, says his actions were "naive". | :02:51. | :02:53. | |
At the heart of Babar Ahmad's terrorism network in South London | :02:54. | :02:56. | |
was a website, believed to be the first in English to encourage | :02:57. | :02:58. | |
In an interview with the BBC, Mr Ahmad, who was released | :02:59. | :03:02. | |
year, says he wants to stop young Muslims being attracted | :03:03. | :03:06. | |
A new unified government for Libya appears a step closer | :03:07. | :03:13. | |
The UN-backed Presidency Council, which is overseeing the process, | :03:14. | :03:16. | |
says it now has enough internal political support to start work. | :03:17. | :03:19. | |
It has asked the international community to stop dealing | :03:20. | :03:21. | |
with the country's two rival parliaments. | :03:22. | :03:23. | |
Libya has had two competing governments since 2014 | :03:24. | :03:26. | |
following the downfall of Colonel Gaddafi three years earlier. | :03:27. | :03:32. | |
Regional elections taking place in Germany today are being seen | :03:33. | :03:34. | |
as the first significant test of public opinion | :03:35. | :03:37. | |
since Chancellor Merkel agreed to admit more than a million | :03:38. | :03:39. | |
The anti-immigration AFD party is expected to make gains | :03:40. | :03:44. | |
as voters go to the polls in three states. | :03:45. | :03:48. | |
I'll be back with the headlines just before ten o'clock. | :03:49. | :03:52. | |
With me to review the papers are Peter, Anushka and Linda. | :03:53. | :04:02. | |
There is the Observer, not the most enthusiastic supporter of George | :04:03. | :04:08. | |
Osborne. Osborne tax plans will hand billions to the wealthiest. The | :04:09. | :04:14. | |
sensational Mail on Sunday front page, and Gove is nuts, Boris is | :04:15. | :04:20. | |
after my job. It is a book by a Liberal Democrat. Sunday Times has | :04:21. | :04:26. | |
got the story about the Palace fighting to save the Queen being | :04:27. | :04:30. | |
dragged into the Brexit debate. And then a sensational story. Jeremy | :04:31. | :04:37. | |
Clarkson is in favour of the United States of Europe and the European | :04:38. | :04:43. | |
army. Who would have thought it? The Sunday Express, if Turkey is in, we | :04:44. | :04:48. | |
are out. Turkey will be a big issue in the discussions ahead. Finally, | :04:49. | :04:58. | |
President Obama is coming here. We have to start with the Mail on | :04:59. | :05:04. | |
Sunday. You have to. Many of these memoirs are dull, but these memoirs | :05:05. | :05:07. | |
are terrific. Everybody is reading them. The Prime Minister calls | :05:08. | :05:13. | |
Michael Gove the man he introduced to politics and who he persuaded to | :05:14. | :05:21. | |
become an MP. Gove says David Cameron is a Muppet. They are caught | :05:22. | :05:26. | |
negotiating which city should be in the northern powerhouse. Instead of | :05:27. | :05:34. | |
picking fruit by immigrants, we get pensioners to do it. Yes Minister | :05:35. | :05:42. | |
looks like Tolstoy compared to this. This is the Bash Street kids versus | :05:43. | :05:47. | |
Lord snooty in a tangle falling over each other with no principle and no | :05:48. | :05:51. | |
idea what they are doing and loathing each other at the same | :05:52. | :05:56. | |
time. Can we believe a word of it. This is Edward Davey, a Lib Dem | :05:57. | :06:01. | |
minister. He has been talking to Nick Clegg and both of them are | :06:02. | :06:05. | |
bruised about the government, so perhaps they would be saying this. | :06:06. | :06:11. | |
Yes, they would be. But it seems to me to have a ring of truth to it. I | :06:12. | :06:18. | |
will say no more. I would say this is basically the Lib Dems revenge | :06:19. | :06:22. | |
and only the beginning of it. We have got a book from Nick Clegg | :06:23. | :06:27. | |
later in the year. I am not surprised because during the | :06:28. | :06:31. | |
election it was the Tory spot to butcher the Lib Dems, metaphorically | :06:32. | :06:38. | |
speaking. I went to David Laws seat where his majority was overturned. | :06:39. | :06:47. | |
He is probably rubbing his hands. If you get married to someone, stay | :06:48. | :06:50. | |
quiet because all your secrets will come out. You have got the Sun and | :06:51. | :06:57. | |
George Osborne's own article. It is interesting we do not get much on | :06:58. | :07:00. | |
the budget because of the referendum. He has written this | :07:01. | :07:04. | |
piece and he mentions his long-term economic plan. I would say he will | :07:05. | :07:10. | |
be mentioning that again today if I was a betting woman. This is | :07:11. | :07:14. | |
expectation management, talking about the economy and the | :07:15. | :07:18. | |
difficulties there have been. But George Osborne will want to please | :07:19. | :07:25. | |
voters as well this week. He may perhaps move towards raising the | :07:26. | :07:28. | |
threshold to 40p. As they had promised. In the Autumn Statement he | :07:29. | :07:34. | |
got Doctor Who to help him find several billion quid which | :07:35. | :07:41. | |
previously did not exist. Linda, your first story is in the Observer | :07:42. | :07:49. | |
and tax cuts for the better off. It looks like whatever spare money | :07:50. | :07:53. | |
there may be the story here is the Resolution Foundation which is | :07:54. | :07:58. | |
focused on low earners and they are saying that money should be used to | :07:59. | :08:03. | |
offset welfare cuts instead of increasing the personal allowance, | :08:04. | :08:07. | |
in other ways gear it towards the low pay rather than the high pay. | :08:08. | :08:11. | |
That will be one of the criteria on which the budget will be judged. Is | :08:12. | :08:16. | |
it fair and will it generate growth? But you mentioned a moment ago there | :08:17. | :08:21. | |
is an element of credibility, you cannot always blame the global | :08:22. | :08:26. | |
economy. This ?18 billion black hole, that is based on a slowdown in | :08:27. | :08:30. | |
the British economy and the Chancellor will say with some | :08:31. | :08:33. | |
justification this is what is happening in China and Middle East | :08:34. | :08:37. | |
and the world economy is in trouble as well and we are not immune from | :08:38. | :08:44. | |
this. Yes, that is true, but it has changed over the last few months | :08:45. | :08:49. | |
since we got the last growth forecasts and how closely linked are | :08:50. | :08:54. | |
the drivers to global experts. The global economy is not doing so well, | :08:55. | :08:59. | |
but the main drivers for why there is a budget in the black hole is | :09:00. | :09:03. | |
that our growth is lower than expected and not as much tax revenue | :09:04. | :09:07. | |
has been generated and that has been going on for years. It is not | :09:08. | :09:12. | |
related to the last few months. You need to look at the drivers and say | :09:13. | :09:16. | |
it once we understand those, it can we tackle those with the budget? If | :09:17. | :09:21. | |
cannot, we have to ask ourselves what do you do with the budget? It | :09:22. | :09:28. | |
is funny when Labour say their problems are caused by the global | :09:29. | :09:32. | |
economy, the Tories say it is your fault. But when the Tories have | :09:33. | :09:37. | |
problems with the global economy, it is the global economy. Anushka, you | :09:38. | :09:43. | |
have got the story by Jeremy Clarkson. Jeremy Clarkson, a raging | :09:44. | :09:48. | |
Europhile. I read this as a write-up in the Daily Mail when they quoted | :09:49. | :09:55. | |
him saying we should have a United States of Europe and I thought it | :09:56. | :10:00. | |
was a spook. I was reading down and waiting for the punch line, but it | :10:01. | :10:04. | |
turns out he is arguing quite strongly it would be better. He uses | :10:05. | :10:09. | |
his typical language. He said it is a battle between call me Dave and | :10:10. | :10:14. | |
bouncing Boris. He has decided to go for a corner date. He is a friend of | :10:15. | :10:20. | |
the Prime Minister and is part of that Chipping Norton set. The paper | :10:21. | :10:27. | |
did mention that at the bottom of the piece, suggesting that is why | :10:28. | :10:30. | |
Jeremy Clarkson has come down this way. It is not what I expected him | :10:31. | :10:34. | |
to do. I would have thought he would have gone for Brexit. It is not a | :10:35. | :10:41. | |
surprise, I always thought he was a bit of a pose to being the right | :10:42. | :10:47. | |
wing. The smoking and the cars and going down to the pub, there was not | :10:48. | :10:54. | |
much thought in that. The idea you could reform the European Union by | :10:55. | :10:57. | |
camping outside the Eurocrat's house and pestering them with questions, | :10:58. | :11:04. | |
the European Union is not a democracy, not an opposition. That | :11:05. | :11:11. | |
sounds like a future car show on Amazon. You have chosen President | :11:12. | :11:17. | |
Obama intervening in this discussion. This is a problem for a | :11:18. | :11:22. | |
lot of conservatives who tend to think there is a direct choice | :11:23. | :11:27. | |
between being pro-American and pro-European. The United States has | :11:28. | :11:30. | |
always been keen on putting Britain into some kind of superstate. For | :11:31. | :11:36. | |
him to come across it will be a big plus for those who want that to | :11:37. | :11:41. | |
happen. For all those pro-American Tories who have always thought it is | :11:42. | :11:44. | |
America or Europe, it will not be comfortable. And Donald Trump will | :11:45. | :11:51. | |
not have arrived in time. But who knows what he thinks about as | :11:52. | :11:58. | |
opposed to what he says? HS2 is at risk of derailing, not as a project, | :11:59. | :12:04. | |
but literally top speeds. It is a project that will cost more and | :12:05. | :12:10. | |
more. Indeed, ?50 billion and this is the train that is trying to | :12:11. | :12:15. | |
connect North and South, going from London to Birmingham, Manchester and | :12:16. | :12:19. | |
Leeds. The problem according to Professor Woodward is that if it | :12:20. | :12:25. | |
were to go as fast as accurate, it would literally derailed. I think if | :12:26. | :12:31. | |
it was too slow down, the story is saying it would not be much faster | :12:32. | :12:36. | |
than existing trains. It raises a bigger question about investment and | :12:37. | :12:41. | |
infrastructure. There is no question this country needs more investment, | :12:42. | :12:43. | |
but this is a good example of how hard it is to find a good project. | :12:44. | :12:49. | |
Isn't the problem with HS2 it has now become an issue of political | :12:50. | :12:53. | |
ego? The government has tied themselves to this and it will go | :12:54. | :12:57. | |
ahead come what may, however much across. The economic crisis is a | :12:58. | :13:07. | |
time when you could get rid of an absolutely idiotic project. But in a | :13:08. | :13:14. | |
lot of countries they have fast trains and they do not derail and | :13:15. | :13:17. | |
some people might argue why is it that we cannot take on a big project | :13:18. | :13:22. | |
like this. There are rumblings about Heathrow in the same newspaper and | :13:23. | :13:26. | |
there are going to be big infrastructure decisions that will | :13:27. | :13:31. | |
come to a head. This is a story I am obsessed by. In terms of our | :13:32. | :13:36. | |
economic growth we are being told there are new products around and | :13:37. | :13:40. | |
grapheme is one of the most exciting ones, but it has been stolen by the | :13:41. | :13:45. | |
Chinese. I am afraid so. The story is pointing out that this risk, as | :13:46. | :13:58. | |
set by Manchester academics, and fascinating thing about this is the | :13:59. | :14:01. | |
scientists were taking sticky tape and removing pencil lead on pencils | :14:02. | :14:10. | |
until they found grapheme. A Taiwanese company, BDT, is partnered | :14:11. | :14:14. | |
with Manchester University and they brought in a Chinese manufacturer | :14:15. | :14:16. | |
and they are producing something similar. It goes to how difficult it | :14:17. | :14:22. | |
is in higher academic research to protect intellectual property. What | :14:23. | :14:29. | |
would it be used for? It is 200 times harder than steel and it is as | :14:30. | :14:37. | |
flexible as rubber. You can imagine. Buildings? The uses would be | :14:38. | :14:43. | |
incredible, but there is commercialisation and needing money | :14:44. | :14:47. | |
to bring it to market. But this raises the question about China's | :14:48. | :14:52. | |
lack of intellectual property protection in many areas and when it | :14:53. | :14:59. | |
is international, collaboration, it becomes an issue. | :15:00. | :15:06. | |
This crisis has really been humanised by photographs and we have | :15:07. | :15:15. | |
more today. This mother, bathing her one-month-old baby using the water | :15:16. | :15:19. | |
from a dirty portal, which will be horrifying to a lot of people and | :15:20. | :15:24. | |
people will say what can we do about this. It is pictures like this that | :15:25. | :15:28. | |
really bring it home that it is not just a number happening somewhere | :15:29. | :15:33. | |
else. This is in Greece and it is really sad to see things like this | :15:34. | :15:37. | |
taking place. You start wondering about what has caused it, and what | :15:38. | :15:44. | |
caused it is this war in Syria. If we stop starting wars we won't see | :15:45. | :15:48. | |
so many pictures like that. I would like to talk about the German | :15:49. | :15:53. | |
elections. These are provincial elections but they are important. | :15:54. | :15:58. | |
There is a new party in Europe which is a sort of German Ukip, which is | :15:59. | :16:05. | |
making huge advances. German politics is fascinating, the German | :16:06. | :16:08. | |
people are finally beginning to rise up against the big dominant party | :16:09. | :16:13. | |
which has ignored what they think. They don't want to pay for the euro | :16:14. | :16:18. | |
and they don't want to pay for the migrant crisis. They think Angela | :16:19. | :16:22. | |
Merkel was completely crazy when she invited them all in and Germany is | :16:23. | :16:26. | |
in a long-term political crisis about this which we have not seen | :16:27. | :16:31. | |
the end of. We have however seen the end of the paper review. | :16:32. | :16:35. | |
Fascinating, all-encompassing, thank you very much indeed. | :16:36. | :16:38. | |
After five decades as one of the world's top thriller writers, | :16:39. | :16:43. | |
and with over 70 million books sold, Frederick Forsyth has decided | :16:44. | :16:46. | |
the time has come to put his pen down and take up the cause he has | :16:47. | :16:50. | |
long championed, getting Britain out of the EU. | :16:51. | :16:52. | |
His stance, he says, can be summed up simply in just five | :16:53. | :16:55. | |
words: "I want my country back". | :16:56. | :16:56. | |
Before we get onto the details, you have been a long-term Eurosceptic, | :16:57. | :17:05. | |
does this go right back to the 1970s? Before that. When I was with | :17:06. | :17:13. | |
Reuters, I was sent to Brussels in 1962, which was... I'm not even | :17:14. | :17:19. | |
going to ask what you are doing. I was three years old! I became | :17:20. | :17:25. | |
interested then and I have kept a wary eye ever since. Back then it | :17:26. | :17:29. | |
was a common market that we joined, since then it has transformed itself | :17:30. | :17:35. | |
into the EU. Just very basically, I don't believe this is about trade at | :17:36. | :17:40. | |
all. We are always going to trade with Europe, we always have and | :17:41. | :17:52. | |
always will. The diversion at the moment is a con trick because it is | :17:53. | :17:57. | |
not about economics, it is about clashing governmental systems. | :17:58. | :18:06. | |
Europe is a non-democratic commission of bureaucrats basically, | :18:07. | :18:10. | |
it is a bureaucracy. You can have one system governing or the other, | :18:11. | :18:14. | |
you cannot have both and I prefer our system. I called you earlier on | :18:15. | :18:27. | |
an MI6 man, not an agent. We cannot ask about whether we would be more | :18:28. | :18:34. | |
or less secure in terms of intelligence, but you are still in | :18:35. | :18:37. | |
touch with that world, what do you think? An example recently is the | :18:38. | :18:45. | |
discovery of this enormous list of Isil terrorists. Their CVs, it is | :18:46. | :18:55. | |
huge. Like so many things it was an Anglo-American discovery, it had | :18:56. | :18:59. | |
nothing to do with the. EU Therefore if we weren't in the EU I don't | :19:00. | :19:04. | |
think there would be any damage to our security system. We would | :19:05. | :19:12. | |
cooperate as we always do. So we cooperate with individual countries | :19:13. | :19:16. | |
but there is no EU organisation that helps out MI6? If you put a | :19:17. | :19:22. | |
classified document in front of the EU, that is 27 nations, it would be | :19:23. | :19:30. | |
within our opponents' hands within the hour. You have got to trust | :19:31. | :19:33. | |
people you collaborate with in that world. One of the ironies is people | :19:34. | :19:40. | |
are saying Putin would like to see us out of the EU but the Russians | :19:41. | :19:46. | |
are potentially high up on our list of enemies. A newly resurgent | :19:47. | :19:55. | |
Kremlin is a worry. On the other hand, in some areas like Isil we | :19:56. | :20:02. | |
have common interest because they have problems with Chechnya and some | :20:03. | :20:09. | |
of the most lethal ices agents are in fact Chechnya and so we could | :20:10. | :20:14. | |
cooperate in that area but otherwise they have an anti-British agenda. | :20:15. | :20:20. | |
How concerned would you be about Turkey joining the EU? It is a major | :20:21. | :20:27. | |
security problem because it is the big land bridge between the terror | :20:28. | :20:31. | |
zone and Europe. And your most recent novels were about Islamist | :20:32. | :20:37. | |
terrorism and the Far East. I touched on that subject twice, and | :20:38. | :20:42. | |
the second time, yes, was more or less... I chose a Somali terror | :20:43. | :20:52. | |
group. It is not just Isil but many subordinate ones are pledging | :20:53. | :20:56. | |
loyalty to Isil and Isil are setting up in Libya so it is a long haul | :20:57. | :21:00. | |
fight. You have been a long-term supporter of the monarchy, what do | :21:01. | :21:04. | |
you think about the Queen being dragged into this? Do you have some | :21:05. | :21:09. | |
sympathy with Buckingham Palace? We are talking about a lunch that took | :21:10. | :21:14. | |
place about five years ago. I happen to think it wasn't the source, if it | :21:15. | :21:19. | |
wasn't an invention by the media, in fact it didn't come from any of the | :21:20. | :21:26. | |
other notable guests that day. Least of all, Paul Michael Gove. You have | :21:27. | :21:31. | |
given up novels but you haven't given up writing, you are writing | :21:32. | :21:37. | |
lyrics. What is your new project. I wrote a 16 line poem which became a | :21:38. | :21:43. | |
lyric, it was put to a brilliant piece of music, freshly composed and | :21:44. | :21:55. | |
sung by Melissa, and it is called FALLEN SOLDIER. It is being | :21:56. | :22:02. | |
performed at the Royal Opera house, is that right? No, I don't think so, | :22:03. | :22:11. | |
but Melissa does sing at the Royal Opera house. Thank you very much for | :22:12. | :22:14. | |
joining me this morning. Would we get more | :22:15. | :22:16. | |
traditional British weather? The man with the answers is Chris | :22:17. | :22:21. | |
Fawkes. We are going to get our winds coming | :22:22. | :22:33. | |
in from the European direction, giving a European flavour to the | :22:34. | :22:39. | |
weather over the next few days. Some mild spells of sunshine, but we are | :22:40. | :22:43. | |
starting the day with some dense fog patches across this part of the | :22:44. | :22:47. | |
world, visibility down to 13 metres in places, but it will shrivel and | :22:48. | :22:52. | |
we are having plenty of sunshine coming across England and Wales | :22:53. | :22:56. | |
through the rest of the Day today. Northern Ireland staying quite | :22:57. | :23:02. | |
cloudy. It will be warm in the spring sunshine, temperatures at the | :23:03. | :23:06. | |
highest could reach 15 degrees across parts of the Highlands of | :23:07. | :23:12. | |
Scotland, and around the Edinburgh area, but for most temperatures into | :23:13. | :23:16. | |
double figures. A cool breeze blowing around the coastline of East | :23:17. | :23:22. | |
Anglia and the Kent coast. Overnight tonight, you will see more mist and | :23:23. | :23:27. | |
fog patches, across the web is Midlands and the north too. We will | :23:28. | :23:33. | |
have frost developing as well, temperatures down to minus in Wales. | :23:34. | :23:39. | |
Through the week ahead we are looking at dry conditions, high | :23:40. | :23:42. | |
pressure firmly in charge for the whole of the week and that means | :23:43. | :23:46. | |
many will see sunny spells but by day we could see issues with mist | :23:47. | :23:54. | |
and fog. Don't say that this programme brings | :23:55. | :23:56. | |
you know good news! John McDonnell, Labour's Shadow | :23:57. | :23:59. | |
Chancellor, is the second most important person in the Labour Party | :24:00. | :24:03. | |
after Jeremy Corbyn. He famously joked, at least | :24:04. | :24:05. | |
I think it was a joke, that his hobby was fomenting | :24:06. | :24:07. | |
the overthrow of capitalism. This week he's relaunching Labour's | :24:08. | :24:10. | |
economic policy with iron discipline at its heart that either means more | :24:11. | :24:12. | |
Tory austerity or it You actually said fomenting the | :24:13. | :24:22. | |
overthrow of capitalism as if it was a kind of beer. It was a joke on | :24:23. | :24:29. | |
brewing! I have always wondered what kind of socialist you would see | :24:30. | :24:33. | |
yourself as being, a Marxist for instance? I am a socialist in the | :24:34. | :24:39. | |
tradition of the Labour Party which goes back to William Morris, it | :24:40. | :24:43. | |
includes Nye Bevan, that whole history of socialism within our | :24:44. | :24:47. | |
country, British socialism. You are quoted today as saying you are not | :24:48. | :24:52. | |
really a Labour Party person, it is a vehicle and when it is not useful | :24:53. | :24:59. | |
you hop off. That was a debate about why to join the Labour Party. I was | :25:00. | :25:03. | |
saying the Labour Party I think is the best organisation for | :25:04. | :25:08. | |
progressive change in this country. Overthrow of capitalism, would you | :25:09. | :25:12. | |
like a world in which we were not ultimately governed by a capitalist | :25:13. | :25:17. | |
system? I want to transform capitalism so we have a fairer | :25:18. | :25:22. | |
society, more equal distribution of wealth and democratic society as | :25:23. | :25:26. | |
well. Would you see it as a dynamic system that produces wealth and | :25:27. | :25:31. | |
innovation but has got to be tamed by politics rather than something | :25:32. | :25:38. | |
that has to be overthrown? I think create a new society. The Labour | :25:39. | :25:41. | |
Party is about a radical transformation that makes society | :25:42. | :25:46. | |
fairer, more democratic but based on the sustainable economy because we | :25:47. | :25:50. | |
know so much more about climate change now. Prosperity needs to be | :25:51. | :25:55. | |
shared better. You really launched the Labour economic strategy, and | :25:56. | :26:02. | |
you put a big importance not on austerity but a balanced iron | :26:03. | :26:05. | |
discipline from the New Labour Chancellor if that comes about. A | :26:06. | :26:09. | |
lot of people thought it sounded a lot like Gordon Brown and Ed Balls. | :26:10. | :26:14. | |
It is a wider tradition than just Labour's fiscal ability. We have had | :26:15. | :26:25. | |
two long. Like the last six years where we have had fiscal rules that | :26:26. | :26:29. | |
have not been met, that sort of thing, so I am trying to encourage a | :26:30. | :26:35. | |
better economic debate. With regards to the Labour Party, when we go back | :26:36. | :26:39. | |
to government we will reduce debt and make sure we are supervised | :26:40. | :26:46. | |
independently. We will invest and grow the economy. How is that | :26:47. | :26:51. | |
different? You attacked Ed Balls at the time for austerity light and | :26:52. | :26:57. | |
caving into neoliberalism, how is this different? Three main issues. | :26:58. | :27:04. | |
There will be a better discipline, we will be independently supervised | :27:05. | :27:08. | |
by the Office for Budget Responsibility. Secondly, I have | :27:09. | :27:12. | |
introduced a rule that where monetary policy is not working, you | :27:13. | :27:16. | |
make sure fiscal policy is active and what is happening across Europe | :27:17. | :27:21. | |
at the moment as well. Thirdly, this is about investment for the | :27:22. | :27:27. | |
long-term in skills new technology. We are on the same page as the | :27:28. | :27:32. | |
wealth creators in society, but when we grow our economy that prosperity | :27:33. | :27:36. | |
has got to be shared. We have a really unequal society at the | :27:37. | :27:40. | |
moment. I want to come onto that but you place a lot of emphasis on | :27:41. | :27:47. | |
investment. Investment by a Labour government in housing, new | :27:48. | :27:51. | |
technology and so forth. Is there an upper limit to that? Do you have a | :27:52. | :28:00. | |
figure? The OECD is saying that we should be spending about 3% of our | :28:01. | :28:06. | |
GDP. What George Osborne is doing is reducing that to about 1.4 and that | :28:07. | :28:12. | |
is unacceptable. I want to make sure we invest in the long-term, then we | :28:13. | :28:19. | |
can withstand the global headwinds. I would make sure it is the wealth | :28:20. | :28:24. | |
creators, the business and entrepreneurs who represent the | :28:25. | :28:27. | |
workers themselves who are the ones who advise government. If you take | :28:28. | :28:35. | |
you -- UK plc, you would invest in the machinery. I am starting to feel | :28:36. | :28:45. | |
dazed at this point. Is this the John McDonnell I knew about for so | :28:46. | :28:51. | |
long or have you changed? I have always been like this. The Labour | :28:52. | :28:57. | |
Party, the secret is in the name. We are the representatives of the | :28:58. | :29:02. | |
wealth creators, that has always been the Labour Party tradition. I | :29:03. | :29:08. | |
am restoring Labour to that tradition. Let's return to | :29:09. | :29:11. | |
investment then. There was a difficulty about what is investment | :29:12. | :29:16. | |
and what is not, so for instance would you regard paying higher wages | :29:17. | :29:20. | |
to public sector workers as investment? I have been speaking to | :29:21. | :29:25. | |
the CBI, the trade of commerce, they are saying three things. You need | :29:26. | :29:32. | |
investment in skills, in infrastructure, and in new | :29:33. | :29:36. | |
technology. If we do that, we will get the high skilled jobs that pay | :29:37. | :29:40. | |
the high wages. Wages will follow the investment and in that way, that | :29:41. | :29:46. | |
shares the prosperity. But you have promised higher wages for public | :29:47. | :29:51. | |
sector workers across the board. My question is, is that investment or | :29:52. | :29:56. | |
current spending? It flows from investment. So you can borrow to do | :29:57. | :30:05. | |
that? All governments borrow. Let's take the analogy of the firm, you | :30:06. | :30:17. | |
invest in technology. Does that mean for instance you want to give junior | :30:18. | :30:22. | |
doctors higher wages? Or give teachers higher wages? You can say | :30:23. | :30:29. | |
this is borrowing for investment. No, you borrow for investment to | :30:30. | :30:33. | |
grow the economy. Then there are more taxes paid and as a result you | :30:34. | :30:37. | |
can afford public services. It is that long-term patient investment | :30:38. | :30:43. | |
that we need. I have set up this economic advisory Council, who are | :30:44. | :30:46. | |
advising us on this. There is Mr Arafat gets. No, he is | :30:47. | :31:07. | |
doing one of our lecturers. He is somebody you admire and he admires | :31:08. | :31:13. | |
you. He is stimulating the debate. He has said the Euro has been an | :31:14. | :31:17. | |
economic terrorism to his country and there is no democracy in | :31:18. | :31:21. | |
Brussels and working class people in Greece have been hammered by what | :31:22. | :31:25. | |
has happened and yet the Labour Party is in favour of staying inside | :31:26. | :31:31. | |
the machine. I would not use his language. We have always argued to | :31:32. | :31:35. | |
stay out of the Euro and that was the right decision. We are saying we | :31:36. | :31:40. | |
need to reform the European Union, but we need to stay in and make sure | :31:41. | :31:44. | |
the reform is more transparent and democratic. But you can report it | :31:45. | :31:50. | |
because you look across Europe and in some case the right and the far | :31:51. | :31:55. | |
right are on the march in France and Germany and in Eastern Europe and in | :31:56. | :31:59. | |
Scandinavia. Europe is moving sharply to the right and the borders | :32:00. | :32:03. | |
are going up. You cannot make it into a social democratic grid. That | :32:04. | :32:11. | |
is why we are meeting with social democratic parties across Europe to | :32:12. | :32:15. | |
present an alternative agenda. After this budget I will be going on a | :32:16. | :32:19. | |
tour around the country arguing for that agenda. It will be reform | :32:20. | :32:25. | |
making sure we have prosperity across Europe shared by all. The | :32:26. | :32:30. | |
transatlantic trade deal you regard this as dangerous. Why? It has been | :32:31. | :32:38. | |
negotiated secretly and it has the potential of overriding the | :32:39. | :32:41. | |
decisions of democratically elected governments. We have to stay within | :32:42. | :32:46. | |
Europe to make sure that all the trade treaties negotiated are in the | :32:47. | :32:52. | |
interests of all. If we were not in Europe, we would not need to worry | :32:53. | :32:57. | |
about it. It is a lot of things, the political direction of Europe, the | :32:58. | :33:03. | |
effects of the Euro, the effects of neoliberalism and the banking system | :33:04. | :33:07. | |
inside the EU, you are instinctively against the EU. This is only | :33:08. | :33:14. | |
tactical. It is a matter of principle that we need to solve | :33:15. | :33:17. | |
these major global problems that we are facing like global climate | :33:18. | :33:23. | |
change and migration and instability. We need to do that | :33:24. | :33:27. | |
through international cooperation and the European Union gives us that | :33:28. | :33:31. | |
opportunity. Your party does not sound like you really care about | :33:32. | :33:36. | |
Europe. I will be on the tour after this week. I think Alan Johnson has | :33:37. | :33:42. | |
done a great campaign up until now. You will see Jeremy Corbyn and the | :33:43. | :33:45. | |
rest of the Shadow cabinet going around the country arguing for | :33:46. | :33:51. | |
people's Europe, one in which prosperity is shared by all, based | :33:52. | :33:56. | |
on democracy and transparency. Thank you for joining us. | :33:57. | :33:57. | |
Back at the time of the Autumn Statement the Chancellor told us | :33:58. | :34:01. | |
he'd built a strong economy, Britain's makers were on the march | :34:02. | :34:04. | |
and he'd found a whopping ?27 billion to reverse his | :34:05. | :34:07. | |
And he was widely assumed then to be the next Tory leader. | :34:08. | :34:10. | |
What a difference a few months makes. | :34:11. | :34:12. | |
Now we're told the economy is still fragile and vulnerable | :34:13. | :34:15. | |
to a dangerous cocktail of new threats and ?18 billion pound | :34:16. | :34:17. | |
black hole in the public finances and deeper cuts are coming. | :34:18. | :34:23. | |
Welcome. Things have gone badly wrong, haven't they? The world is in | :34:24. | :34:31. | |
a much more difficult and dangerous place. My message in this budget is | :34:32. | :34:36. | |
that the world is a more uncertain place than at any time since the | :34:37. | :34:39. | |
financial crisis and we need to act now so we do not pay later. I need | :34:40. | :34:45. | |
to find additional savings, equivalent to 50p in every ?100 by | :34:46. | :34:50. | |
the end of the decade, because we have to live within our means to | :34:51. | :34:54. | |
stay secure and make Britain fit for the future. When people talk about | :34:55. | :34:59. | |
an ?18 billion black hole, that is pre-active. It has been revised of | :35:00. | :35:06. | |
our nominal GDP. Last year inflation was lower. It is a real number? It | :35:07. | :35:14. | |
is a real number because all around the world and in big emerging | :35:15. | :35:18. | |
countries like China, Brazil and Russia, people are looking at | :35:19. | :35:21. | |
economic prospects and thinking they are not as rosy as they work a few | :35:22. | :35:28. | |
months ago. But in context Britain is still forecast to have the | :35:29. | :35:32. | |
strongest growing economy of any of the major economies in the world | :35:33. | :35:35. | |
with a record number of people in work. Eight years ago when we had | :35:36. | :35:40. | |
the financial crash, Britain was one of the worst prepared countries for | :35:41. | :35:45. | |
what happened. This time Britain is one of the best prepared. But we are | :35:46. | :35:50. | |
not immune. It does not mean we cannot take action to make sure we | :35:51. | :35:56. | |
are well prepared. This will mean further cuts? We will have to make | :35:57. | :36:03. | |
further savings, the equivalent of 50p in every ?100 the government | :36:04. | :36:06. | |
spends towards the end of the decade. What is the alternative? To | :36:07. | :36:13. | |
look at our own economy and see it is not as productive as we would | :36:14. | :36:17. | |
like them to give up? I want to roll up our sleeves and make sure we are | :36:18. | :36:21. | |
living within our means and making our country is more productive and | :36:22. | :36:25. | |
our schools and infrastructure is better and our taxes are more | :36:26. | :36:31. | |
competitive. Where will the cuts come? We can find those savings, it | :36:32. | :36:36. | |
is not a huge amount in the scheme of things and you can do it by | :36:37. | :36:40. | |
looking where you can get the best value for money and through | :36:41. | :36:47. | |
efficiency. Even by paying for the non-protected departmental budgets? | :36:48. | :36:52. | |
We have set out a plan that enables us to invest in the public's | :36:53. | :36:58. | |
priorities and our priorities like the health service and science, | :36:59. | :37:02. | |
education and infrastructure and defence, while at the same time not | :37:03. | :37:06. | |
spending more than the country can afford. Ultimately the people who | :37:07. | :37:10. | |
pay the price, if you spend more than you can afford, are the people | :37:11. | :37:15. | |
of this country. There are people living in this country who do not | :37:16. | :37:19. | |
have the security that comes when the country is in charge of its | :37:20. | :37:24. | |
finances. You are taking money out of the pockets of some of the most | :37:25. | :37:29. | |
vulnerable people, disabled people, through PIP reductions, those are | :37:30. | :37:34. | |
the people who can least afford to pay the sacrifice, the weakest, and | :37:35. | :37:37. | |
you are changing the rules to hit them. Is that your priority? I do | :37:38. | :37:46. | |
not accept that at all. What do you not accept? We are increasing | :37:47. | :37:50. | |
spending on disabled people and they get higher payments than they did | :37:51. | :37:54. | |
under the last Labour government. We are increasing the support for | :37:55. | :38:01. | |
disabled people. 640,000 people will be affected by PIP reductions. PIP | :38:02. | :38:06. | |
payments were introduced to give those who really needed to help more | :38:07. | :38:11. | |
help and more support. But they are getting less. We are giving more | :38:12. | :38:16. | |
support to people with mental health conditions which did not happen | :38:17. | :38:20. | |
before. You have to make sure it is properly managed so the money goes | :38:21. | :38:24. | |
to those who need it most and that budget is going up. What Iain Duncan | :38:25. | :38:29. | |
Smith has announced is we have to look at some of the way the points | :38:30. | :38:33. | |
are awarded to make sure that it goes to those who are most | :38:34. | :38:38. | |
vulnerable. According to your own figures, you are saving ?1.2 billion | :38:39. | :38:43. | |
by cutting payments to disabled people. Hang on, the budget is going | :38:44. | :38:49. | |
up. It will not be going up as much as it was forecast. Controlling | :38:50. | :38:54. | |
welfare bills is part of what you need to do if you are a secure | :38:55. | :38:58. | |
country and able to confront the problems. This all happens at the | :38:59. | :39:05. | |
same time as you are raising thresholds to help middle-class | :39:06. | :39:10. | |
taxpayers and it seems very callous. We are providing more support to | :39:11. | :39:13. | |
disabled people and we back working people. Times are tough, the fiscal | :39:14. | :39:18. | |
situation is difficult because of what is going on in the world and | :39:19. | :39:24. | |
all Western countries including our own are not productive enough. But | :39:25. | :39:28. | |
we can take action by making our economy more protective -- | :39:29. | :39:34. | |
productive, and making us more skilled and investing in | :39:35. | :39:38. | |
infrastructure. At the moment because of world oil price of petrol | :39:39. | :39:43. | |
is very cheap, do you think motorists have the shoulders to take | :39:44. | :39:48. | |
another bit of taxation? I will set out the decisions on duties in the | :39:49. | :39:55. | |
budget. It is a friendly question. It would not be a very friendly | :39:56. | :40:00. | |
response if I started telling you my budget on the Andrew Marr programme. | :40:01. | :40:04. | |
I will save it for the House of Commond. I will set out the tax rate | :40:05. | :40:12. | |
in the budget on fuel duty. We had a manifesto commitment there and we | :40:13. | :40:15. | |
pencilled in fuel duty going forward. But what I would say is | :40:16. | :40:20. | |
every time we can help our economy be more competitive, we will, and | :40:21. | :40:26. | |
that is why we have cut business taxes and we have helped working | :40:27. | :40:28. | |
people by raising the personal allowance. And you will carry on | :40:29. | :40:36. | |
doing that? It is very clear in the manifesto, it was a promise to the | :40:37. | :40:39. | |
British people, that we would raise the personal allowance to ?12,500, | :40:40. | :40:48. | |
to raise the high rate threshold to ?50,000. We will deliver on the | :40:49. | :40:53. | |
manifesto, but in each judgment you make in a budget, you have got to | :40:54. | :40:58. | |
see what money you have got available and what you can afford to | :40:59. | :41:01. | |
do and the truth is we are in difficult economic times. We should | :41:02. | :41:07. | |
not be looking for tax cuts? What you will see in the budget is a | :41:08. | :41:12. | |
government determined to confront Britain's long-standing problems | :41:13. | :41:15. | |
with productivity, to make Britain more secure in the face of a | :41:16. | :41:20. | |
difficult world economy. Look at our record. We took difficult decisions, | :41:21. | :41:26. | |
you asked me over many years perfectly legitimate question is | :41:27. | :41:29. | |
whether our judgment was right, and Britain today has the | :41:30. | :41:33. | |
fastest-growing economy in the Western world. We can stay number | :41:34. | :41:37. | |
one if we get ahead of the curve, redouble our efforts. Meanwhile, you | :41:38. | :41:45. | |
have broken your own welfare cap and you have made numerous series of | :41:46. | :41:51. | |
U-turns on things from the Google tax to other things, it is a pretty | :41:52. | :41:56. | |
ropey record. We have introduced a national living wage, and | :41:57. | :42:00. | |
apprenticeship levy to skill up millions of Britons. On the big | :42:01. | :42:06. | |
picture you did not eliminate the deficit because you did not get the | :42:07. | :42:10. | |
growth you thought you would. The big picture is people look at | :42:11. | :42:14. | |
Britain and they see a country getting its act together. If you | :42:15. | :42:18. | |
look at what we do as a government, I think we take big, radical | :42:19. | :42:23. | |
reforming steps and we have got a small majority. We do not win every | :42:24. | :42:28. | |
vote. You can either shut up shop and do nothing and that is not me as | :42:29. | :42:34. | |
a politician. If people want a politician who is going to sit here | :42:35. | :42:38. | |
and talk away and not doing anything, they can get someone else. | :42:39. | :42:42. | |
I want to make lasting changes to improve the living standards of | :42:43. | :42:47. | |
working people in this country. Do you regret the sweetheart deal with | :42:48. | :42:52. | |
Google? I was faced with a situation where we were not raising any money | :42:53. | :42:55. | |
with this company and now we are raising money. I think that is a | :42:56. | :43:02. | |
success. Of course, people want more money to be raised from those | :43:03. | :43:07. | |
companies. I understand that, but we have introduced the tax changes that | :43:08. | :43:12. | |
will make that happen. The people who criticise me, often Labour | :43:13. | :43:16. | |
politicians, they sat in chairs like this for 13 years and did absolutely | :43:17. | :43:22. | |
nothing. I think the steps we had taken will make sure our tax system | :43:23. | :43:27. | |
is fit for the modern age when, frankly, the Internet and the global | :43:28. | :43:31. | |
trading system is different than it was 20 or 30 years ago and our tax | :43:32. | :43:36. | |
system needs to change. You have talked about this being an unstable | :43:37. | :43:43. | |
and dangerous change -- world, possibly being on the edge of | :43:44. | :43:46. | |
another financial crisis with lower than expected growth in China, etc. | :43:47. | :43:54. | |
One of those threats is Brexit. Was it a good idea to hold a referendum? | :43:55. | :44:00. | |
It is absolutely right for Britain to resolve this decades long | :44:01. | :44:04. | |
ambiguity about our relationship with the EU. For me we are an | :44:05. | :44:09. | |
outward looking, free trading country that engages with the world | :44:10. | :44:14. | |
and shapes our planet and its destiny. I am not for us pulling up | :44:15. | :44:18. | |
the drawbridge and unilaterally withdrawing. I hear people say, I | :44:19. | :44:25. | |
want Britain to be like Switzerland or in Norway, or Canada. I want | :44:26. | :44:30. | |
Britain to be like Great Britain, engaged in the world and championing | :44:31. | :44:34. | |
free trade and not withdrawing from Europe, but shaping Europe to our | :44:35. | :44:39. | |
national interest. I watched you going around the world and selling | :44:40. | :44:43. | |
Britain and you go to America and China because they are growing. | :44:44. | :44:50. | |
Europe is flat on its back. We see a rise in political extremism and we | :44:51. | :44:54. | |
see barbed wire going back up, we see the eurozone in meltdown. Then | :44:55. | :44:59. | |
we are told it is safer to stay shackled to that and it is to get | :45:00. | :45:03. | |
out. That sounds completely barking, frankly. I am all for Britain | :45:04. | :45:12. | |
connecting itself to China, to North America, to Brazil and the like. I | :45:13. | :45:17. | |
am all for this. We do not do enough of that. But we have to recognise we | :45:18. | :45:25. | |
are part of the European continent. We are off it. If you ask most | :45:26. | :45:29. | |
schoolchildren which continent the United Kingdom is in there with a | :45:30. | :45:36. | |
Europe. It is an island. We learned to our cost that we are deeply | :45:37. | :45:40. | |
affected by what happens just across the English Channel. If you look at | :45:41. | :45:47. | |
Britain... And it is going very badly at the moment. Of course, for | :45:48. | :45:51. | |
all Western democracies at the moment, there are all sorts of | :45:52. | :45:57. | |
populist movements. What is the best response? In my view it is to have a | :45:58. | :46:02. | |
sober and serious assessment of the finance. I have been the Finance | :46:03. | :46:06. | |
Minister for the last six years and I take a serious assessment of the | :46:07. | :46:10. | |
evidence and an exit would create an economic shock, it would cost jobs, | :46:11. | :46:16. | |
increase prices and it will represent a leap in the dark. There | :46:17. | :46:21. | |
is a bigger question about who do we want to be? It is difficult to think | :46:22. | :46:27. | |
of any country in the world that has had a greater influence on the | :46:28. | :46:30. | |
history of the world and the United Kingdom. People say there is the big | :46:31. | :46:33. | |
table, we are walking away from it. Because actually it is a continent | :46:34. | :46:44. | |
mired in crisis and we could have, as Boris Johnson has said, we could | :46:45. | :46:50. | |
have a deal like the Canadian deal, 99% of their trade is tariff free, | :46:51. | :46:57. | |
we don't -- they don't accept the free movement of people, we could | :46:58. | :47:06. | |
have a deal like that. Three quarters of our economy is in | :47:07. | :47:09. | |
services and they don't have a services deal. Every country is | :47:10. | :47:16. | |
different, but if we exited EU, are you really saying as Chancellor you | :47:17. | :47:19. | |
couldn't negotiate a decent free trade deal with the rest of the EU? | :47:20. | :47:24. | |
We would of course try to do the best record, but you had the German | :47:25. | :47:27. | |
finance minister on this programme last week and he could not have been | :47:28. | :47:32. | |
clearer, which is the only way you can get access to the single market | :47:33. | :47:39. | |
is that you accept the free movement of people. Why would you want to do | :47:40. | :47:43. | |
those things and have no control of the rules and how the budget is | :47:44. | :47:47. | |
spent. It seems to me we have the best of both worlds, we are not in | :47:48. | :47:52. | |
the Schengen border, we are not in the euro, but we do have access to | :47:53. | :47:57. | |
that free trade single market. And in return for that we have free | :47:58. | :48:03. | |
movement of people. You would have free movement of people if you did | :48:04. | :48:06. | |
the kind of deal Switzerland and Norway does. But not Canada. I don't | :48:07. | :48:16. | |
want us to be Canada, I want us to be Great Britain. In the end of this | :48:17. | :48:20. | |
is not some political game, this is the biggest decision facing this | :48:21. | :48:23. | |
country for 50 years and the people who will be affected by that | :48:24. | :48:27. | |
decision are not you and me, we will be long gone from the political | :48:28. | :48:33. | |
stage, it will be the hill farmer in Wales, the call centre worker in | :48:34. | :48:37. | |
Bournemouth, their future depends on an open and engaged Britain. This is | :48:38. | :48:44. | |
about their future. So we have got to look even 30 years ahead when we | :48:45. | :48:48. | |
think about this decision, and then we turn to Turkey which is getting | :48:49. | :48:52. | |
visa free access and will almost certainly become a member of the EU. | :48:53. | :48:59. | |
70 million people inside the EU, that frightens many people. Lots of | :49:00. | :49:06. | |
people can move through the Turkish border into the EU. That is the kind | :49:07. | :49:11. | |
of risk we have got to think about, isn't it? It is a perfect example of | :49:12. | :49:17. | |
why it is in our interests to engage with countries like Turkey but we do | :49:18. | :49:21. | |
not have to give access to Turkish citizens coming to the UK, they will | :49:22. | :49:26. | |
still require visas, and that is because we are not part of the | :49:27. | :49:31. | |
Schengen... People have to assume that kind of thing will happen. That | :49:32. | :49:37. | |
is entirely decision for the British House of Commons. People talk about | :49:38. | :49:40. | |
sovereignty, the House of Commons makes these decisions accountable to | :49:41. | :49:44. | |
the British people. We are sovereign, but in my view and in the | :49:45. | :49:48. | |
interests of the British people, what we want is to have control over | :49:49. | :49:54. | |
our destiny. You do that by engaging with the world, not running away. | :49:55. | :50:00. | |
Are you suggesting that if Turkey joined the EU we could keep Turks | :50:01. | :50:05. | |
out of the UK? Firstly we had a veto over whether Turkey joins, so we can | :50:06. | :50:12. | |
set conditions and we made it clear we will not accept new member states | :50:13. | :50:16. | |
to the European Union and give them unfettered free movement of people | :50:17. | :50:20. | |
unless their economies are much closer in size and prosperity two | :50:21. | :50:25. | |
hours. So Britain would block Turkey's accession? We made it clear | :50:26. | :50:33. | |
that they would only have free movement of people if the economy | :50:34. | :50:39. | |
was of a similar prosperity. You are saying that for the foreseeable | :50:40. | :50:43. | |
future Britain would block Turkish accession to the EU? As I say, I | :50:44. | :50:48. | |
think Turkey is an incredibly important ally, and it is important | :50:49. | :50:54. | |
it has close relations with the European Union. I don't think | :50:55. | :50:57. | |
Turkish accession to the EU is on the cards any time soon. We could if | :50:58. | :51:03. | |
we wanted to veto it, we have also made it very clear we will not allow | :51:04. | :51:08. | |
new countries to join that are much poorer and have free movement of | :51:09. | :51:12. | |
people as a result of that. That has been one of the big problems. Our | :51:13. | :51:16. | |
economy has been successful and it has attracted people to our country. | :51:17. | :51:23. | |
You mentioned sovereignty, I thought one of the most eloquent expositions | :51:24. | :51:27. | |
of the case for Brexit was by Michael Gove who said that they | :51:28. | :51:31. | |
after day every minister sees across their desk thinks they would like to | :51:32. | :51:37. | |
do and they are told no, Brussels says no. British ministers do not | :51:38. | :51:40. | |
have complete control over their own departments because the bureaucratic | :51:41. | :51:45. | |
system intervenes. Don't you occasionally think I would like to | :51:46. | :51:54. | |
smells sweet freedom in my nostrils? Freedom is being able to control | :51:55. | :51:58. | |
your environment and being able to do what you want to do to protect | :51:59. | :52:02. | |
your people and I think we have more freedom, more control over our world | :52:03. | :52:07. | |
by being part of the European Union. This point about sovereignty, we are | :52:08. | :52:11. | |
engaged in a sovereign act as a nation, we are making a decision | :52:12. | :52:15. | |
about whether we want to be in the European Union or not. We are | :52:16. | :52:21. | |
sovereign, the question is what do we choose to do with our | :52:22. | :52:25. | |
sovereignty. We choose to be part of Nato, if someone attacks and other | :52:26. | :52:28. | |
Nato country we have got to go to war against that country. That is in | :52:29. | :52:33. | |
some sense and abrogation of sovereignty but we are safer and we | :52:34. | :52:38. | |
have more freedom as we are part of Nato. According to the papers the | :52:39. | :52:43. | |
Prime Minister thinks Boris Johnson is after his job, do you agree? | :52:44. | :52:49. | |
There's a string of these memoirs from Lib Dem ministers and I work | :52:50. | :52:52. | |
hard to make sure they are writing their memoirs, I don't really | :52:53. | :52:58. | |
recognise much of what they said. I don't think it is the greatest | :52:59. | :53:04. | |
revelation in human history to discover that Boris Johnson is | :53:05. | :53:08. | |
interested in a job in Government. In the Prime Minister's job. You | :53:09. | :53:10. | |
would have to ask him. Now over to Christian | :53:11. | :53:15. | |
for the news headlines. The Chancellor, George Osborne | :53:16. | :53:23. | |
is warning that there will be further cuts in public | :53:24. | :53:25. | |
spending as he prepares Writing in the Sun on Sunday, | :53:26. | :53:27. | |
he says the world is facing its most uncertain period since | :53:28. | :53:32. | |
the financial crisis. The Chancellor of the Exchequer has | :53:33. | :53:40. | |
warned that he will have to find further cuts in public spending, | :53:41. | :53:43. | |
when he delivers his He told this programme that | :53:44. | :53:45. | |
in the face of global economic uncertainty, it was necessary | :53:46. | :53:48. | |
to 'act now so we don't pay later'. He said the reductions | :53:49. | :53:51. | |
were equivalent to 50p in every ?100 of government expenditure - | :53:52. | :53:54. | |
which he said was 'not a huge amount The Shadow Chancellor John McDonnell | :53:55. | :53:57. | |
has been explaining Labour's Mr McDonnell said that if his party | :53:58. | :54:00. | |
came into government, there would be discipline over day | :54:01. | :54:04. | |
to day spending. But he said it would invest more | :54:05. | :54:06. | |
in skills, infrastructure You borrow for investment to grow | :54:07. | :54:12. | |
the economy. It is that long-term investment, patient investment, that | :54:13. | :54:12. | |
we need. The next news on BBC One | :54:13. | :54:13. | |
is at one o'clock. First, let's have a look at what's | :54:14. | :54:16. | |
coming up immediately Join us live from Glasgow at ten | :54:17. | :54:24. | |
when we will be debating the snoopers Charter. After the vote | :54:25. | :54:29. | |
yesterday, should there be illegal The Chancellor is with me to talk | :54:30. | :54:41. | |
about driverless cars, this will be a major initiative coming up in the | :54:42. | :54:49. | |
Budget. And driverless lorries? This is a massive technological change to | :54:50. | :54:54. | |
the way cars work and in places like California they are trailing them. I | :54:55. | :54:58. | |
don't want Britain to be left behind. Companies like Nissan and | :54:59. | :55:03. | |
Jaguar Land Rover are developing these cars. Will we see driverless | :55:04. | :55:10. | |
cars on British roads soon? We want to see them trialed in Britain in | :55:11. | :55:15. | |
2017 and potentially available in Britain from 2020. Other countries | :55:16. | :55:19. | |
are doing this. To reassure you, there is a driver sitting in the | :55:20. | :55:26. | |
seat. Does this mean I can go to the pub and get smashed and go home | :55:27. | :55:30. | |
safely? I don't think we have come to the alcohol rules. I can read the | :55:31. | :55:38. | |
paper in my car and so on? There is an incredible amount of change going | :55:39. | :55:41. | |
on in the world and we need to make the changes to adapt to this world | :55:42. | :55:47. | |
and be ahead of it. Britain was the home of invention, let's keep being | :55:48. | :55:52. | |
that. And great cavalcades of driverless lorries we are told, does | :55:53. | :55:58. | |
this mean that HS2 which is going crazily overbudget, the trains will | :55:59. | :56:04. | |
fall off the rails, it is time to junk that? No, Britain is the | :56:05. | :56:08. | |
country that developed the railway, are we really going to say we will | :56:09. | :56:13. | |
not build any more railways? Let's not withdraw from the world. | :56:14. | :56:20. | |
Driverless cars, yes, the trains as well. | :56:21. | :56:21. | |
Andrew Neil will be here in an hour with the Scottish First | :56:22. | :56:25. | |
Join us again at the same time next Sunday. | :56:26. | :56:28. | |
I'll be talking to Jeremy Irons about, among other things, | :56:29. | :56:31. | |
his surprising new role as a Hollywood action hero. | :56:32. | :56:33. | |
But for now, we leave you with some Nordic cool - | :56:34. | :56:35. | |
From her new album, released yesterday, this is "Conqueror". | :56:36. | :56:38. | |
# Broken mornings, broken nights and broken days in between | :56:39. | :57:01. | |
# Open ground, the sky is open, makes an open sea | :57:02. | :57:03. | |
# Just like in fiction, in every addiction | :57:04. | :57:05. | |
# I've been looking for the conqueror | :57:06. | :57:12. | |
# But there's no seduction only destruction | :57:13. | :57:51. | |
# Oh fantasy take me over and break me | :57:52. | :57:57. | |
# I've been looking for the conqueror | :57:58. | :58:01. | |
# I've been looking for the conqueror | :58:02. | :58:57. | |
# But you don't seem to come my way #. | :58:58. | :59:05. |