Browse content similar to 21/01/2018. Check below for episodes and series from the same categories and more!
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Good morning. | 0:00:07 | 0:00:09 | |
This week, Europe's most
powerful single leader, | 0:00:09 | 0:00:10 | |
and one of the world's more
glamorous presidents, | 0:00:10 | 0:00:12 | |
swept into Britain. | 0:00:12 | 0:00:14 | |
He came bearing a gift,
or at least a generous loan, | 0:00:14 | 0:00:16 | |
of the Bayeux Tapestry. | 0:00:16 | 0:00:18 | |
It tells, of course,
the story of a charismatic French | 0:00:18 | 0:00:20 | |
leader sweeping into Britain
and giving the British | 0:00:20 | 0:00:22 | |
leader one in the eye. | 0:00:22 | 0:00:27 | |
Not really even a coded
message really, was it? | 0:00:27 | 0:00:29 | |
And we have the exclusive interview. | 0:00:29 | 0:00:32 | |
We'll be hearing more
from Emmanuel Macron - | 0:00:47 | 0:00:49 | |
his thoughts on Britain's possible
Brexit deal and the awkward reality | 0:00:49 | 0:00:51 | |
of dealing with Donald Trump. | 0:00:51 | 0:00:55 | |
Here, it's been a week
dominated by the aftermath | 0:00:55 | 0:00:58 | |
of the Carillion collapse
and serious questions over the use | 0:00:58 | 0:01:00 | |
of private finance by the state. | 0:01:00 | 0:01:04 | |
The Shadow Chancellor,
John McDonnell, joins me to talk | 0:01:04 | 0:01:06 | |
about what Labour thinks
is a watershed moment | 0:01:06 | 0:01:08 | |
in our politics. | 0:01:08 | 0:01:11 | |
I'll also be talking
to one of Britain's most | 0:01:16 | 0:01:18 | |
successful female journalists. | 0:01:18 | 0:01:20 | |
Tina Brown spent the wild
1980s rubbing shoulders | 0:01:20 | 0:01:22 | |
with the likes of Donald Trump
and found herself working | 0:01:22 | 0:01:27 | |
uncomfortably closely
with one Harvey Weinstein. | 0:01:27 | 0:01:28 | |
She has some stories to tell. | 0:01:28 | 0:01:32 | |
And reviewing the news,
covering that Carillion | 0:01:32 | 0:01:34 | |
collapse of course, James Cleverly, | 0:01:34 | 0:01:35 | |
the new Deputy Chairman
of the Conservative Party. | 0:01:35 | 0:01:38 | |
And in the week The Guardian
relaunched itself as a tabloid, | 0:01:38 | 0:01:40 | |
the paper's first female editor,
Kath Viner. | 0:01:40 | 0:01:45 | |
But first the news
with Babita Sharma. | 0:01:45 | 0:01:50 | |
Andrew, thank you, good morning.
Afghan security forces have taken | 0:01:50 | 0:01:57 | |
control of a luxury hotel in Kabul.
Battles raged through the night as | 0:01:57 | 0:02:01 | |
special forces troops fought against
the government as they moved around | 0:02:01 | 0:02:07 | |
the Intercontinental are told. Five
civilians and three militants | 0:02:07 | 0:02:09 | |
killed, more than 150 guests and
staff rescued including 41 | 0:02:09 | 0:02:14 | |
foreigners. The government will stop
workers' pensions being put at risk | 0:02:14 | 0:02:19 | |
from executives who try to line
their own pockets, the Prime | 0:02:19 | 0:02:22 | |
Minister has said. Writing in the
Observer newspaper Theresa May said | 0:02:22 | 0:02:25 | |
a government White Paper would set
out tough new rules for company | 0:02:25 | 0:02:29 | |
bosses. It comes as construction
firm Carillion's collapse could | 0:02:29 | 0:02:32 | |
leave a pension scheme deficit of
£900 million potentially affecting | 0:02:32 | 0:02:37 | |
27,500 workers. | 0:02:37 | 0:02:39 | |
The Ukip leader, Henry Bolton,
will fight for his job today | 0:02:39 | 0:02:42 | |
when the party's national executive
committee holds | 0:02:42 | 0:02:44 | |
an emergency meeting. | 0:02:44 | 0:02:48 | |
Mr Bolton has been under pressure
to step down since it emerged | 0:02:48 | 0:02:51 | |
that his former girlfriend,
Jo Marney, had made racist comments | 0:02:51 | 0:02:53 | |
about Prince Harry's
fiancee, Meghan Markle. | 0:02:53 | 0:02:56 | |
People with hidden disabilities such
as autism and dementia could soon | 0:02:56 | 0:03:00 | |
qualify for blue badge permits
in England, entitling | 0:03:00 | 0:03:02 | |
them to free parking. | 0:03:02 | 0:03:04 | |
The Department for Transport
is beginning a public | 0:03:04 | 0:03:06 | |
consultation on the proposal. | 0:03:06 | 0:03:07 | |
It says it would make it easier
for people to travel to work, | 0:03:07 | 0:03:10 | |
socialise and shop. | 0:03:10 | 0:03:15 | |
That's all from me. | 0:03:15 | 0:03:16 | |
The next news on BBC One is at 1pm.
Back to you, Andrew. | 0:03:16 | 0:03:20 | |
Many thanks for that. | 0:03:20 | 0:03:22 | |
Now to the papers. | 0:03:22 | 0:03:25 | |
Not all of them looking entirely
familiar, that is the new Observer | 0:03:25 | 0:03:29 | |
with an interview with Theresa May
saying she will find greedy bosses | 0:03:29 | 0:03:33 | |
who betray their workers by failing
to pay into pension pots, and in the | 0:03:33 | 0:03:40 | |
Sunday Times, Corbyn allies plot to
oust 50 Labour MPs, which we will | 0:03:40 | 0:03:43 | |
talk more about. Sunday Telegraph,
we should welcome Trump visit, says | 0:03:43 | 0:03:48 | |
Boris. There is lots of Boris on the
papers today, I wonder why. Sunday | 0:03:48 | 0:03:53 | |
express, the Brexit enforcers, 100
Tory MPs will try and keep Theresa | 0:03:53 | 0:03:56 | |
May on the straight and narrow when
it comes to Brexit, they say. Jacob | 0:03:56 | 0:04:00 | |
Rees-Mogg, no surprise he is
involved. The Mail on Sunday, top | 0:04:00 | 0:04:04 | |
Tories in Chinese cash for Brexit
furore but is it really a funeral is | 0:04:04 | 0:04:09 | |
it the sting that didn't stink? --
funerary. Let's start by talking | 0:04:09 | 0:04:15 | |
about the Observer's exclusive with
Theresa May. They have made quite a | 0:04:15 | 0:04:22 | |
substantial peace. It is a
substantial piece, the economy has | 0:04:22 | 0:04:26 | |
to work for all. There is a quote,
too often we have seen top | 0:04:26 | 0:04:30 | |
executives reaping big bonuses for
recklessly putting short-term profit | 0:04:30 | 0:04:33 | |
ahead of long-term success. It is
strong language, we have heard | 0:04:33 | 0:04:39 | |
Theresa May talk about this before
on the steps of No 10, this language | 0:04:39 | 0:04:43 | |
is strong but the question is
whether we will see anything happen. | 0:04:43 | 0:04:47 | |
As ever the public mood has shifted
dramatically in the last couple of | 0:04:47 | 0:04:50 | |
years against turbo-charged
capitalism, against high executive | 0:04:50 | 0:04:55 | |
pay and something needs to be done.
The question is whether this will be | 0:04:55 | 0:04:58 | |
enough. I'm glad it was in the
Observer, it knows how to get | 0:04:58 | 0:05:05 | |
impact. Like the Guardian the
Observer has changed dramatically. | 0:05:05 | 0:05:08 | |
When you relaunch a paper you are
taking something away from readers | 0:05:08 | 0:05:11 | |
so you have to make sure they
recognise the has changed. You call | 0:05:11 | 0:05:14 | |
these tabloids, not compact, why?
They are just papers so I don't mind | 0:05:14 | 0:05:22 | |
what people call them as long as
they have the good strong Guardian | 0:05:22 | 0:05:28 | |
and Observer journalist and they
used to have. There is an | 0:05:28 | 0:05:31 | |
interesting question about the role
of print in people's lives, the | 0:05:31 | 0:05:35 | |
Guardian has 150 million readers
around the world who are digital but | 0:05:35 | 0:05:38 | |
the people who want to buy print,
what is it they want from us? They | 0:05:38 | 0:05:42 | |
want something tangible and physical
to keep hold of. I will talk about | 0:05:42 | 0:05:47 | |
this with Tina Brown later, but the
problem is people are buying less | 0:05:47 | 0:05:51 | |
print and therefore you have to find
an alternative way of earning your | 0:05:51 | 0:05:54 | |
lunch, the times has its
subscription model which seems to | 0:05:54 | 0:05:58 | |
work quite well but you have a very
different model. Our model is a | 0:05:58 | 0:06:03 | |
voluntary pay wall rather than a
compulsory one, we still have lots | 0:06:03 | 0:06:05 | |
of subscriptions and they do well
for the Guardian, both subscription | 0:06:05 | 0:06:09 | |
and in print but our new model, the
last 18 months, has been a really | 0:06:09 | 0:06:13 | |
successful model, people were very
surprised because it's based on | 0:06:13 | 0:06:18 | |
supporting the journalism, you don't
get anything back, you don't get any | 0:06:18 | 0:06:21 | |
freebies, but what you do is support
Guardian journalism. And you feel | 0:06:21 | 0:06:26 | |
better for that, you feel warm
inside? Lots of people say one of | 0:06:26 | 0:06:31 | |
the reasons they want to give us
money is it keeps Guardian | 0:06:31 | 0:06:34 | |
journalism available to everyone and
that only works with organisations | 0:06:34 | 0:06:37 | |
like the Guardian, you need a strong
mission, something very distinctive, | 0:06:37 | 0:06:41 | |
the Guardian is the world's biggest
progressive news organisation. You | 0:06:41 | 0:06:45 | |
also think, I you need a good
relationship with your readers. We | 0:06:45 | 0:06:53 | |
have 12,000 people giving us money.
James Kelly, deputy chairman of the | 0:06:53 | 0:06:58 | |
Conservative Party, perhaps not a
glaring surprise you have chosen a | 0:06:58 | 0:07:00 | |
Sunday Times splash about Momentum
tightening its grip. We will talk | 0:07:00 | 0:07:05 | |
more about its origins in a moment.
What we have here is what we have | 0:07:05 | 0:07:09 | |
seen happening subtly at the
national level, which is Momentum | 0:07:09 | 0:07:16 | |
really tightening its grip on the
Labour Party. In the NEC elections | 0:07:16 | 0:07:21 | |
they really consolidated. What we
are seeing here now is this playing | 0:07:21 | 0:07:26 | |
out at local government level, which
will be the first time that we see | 0:07:26 | 0:07:32 | |
the Momentum ideas put into
practice, we have a story here about | 0:07:32 | 0:07:38 | |
Momentum gets its clutches on its
first council, we have local | 0:07:38 | 0:07:43 | |
government elections coming later
year in the spring. We have some | 0:07:43 | 0:07:47 | |
indications of the kind of policies,
including cutting the salaries of | 0:07:47 | 0:07:53 | |
public employees who are earning
over £60,000 a year. On the front | 0:07:53 | 0:07:58 | |
page, they have said Corbyn allies
will oust 50 Labour MPs, sounds very | 0:07:58 | 0:08:03 | |
dramatic. When you look at it it's
based on a single unattributable | 0:08:03 | 0:08:05 | |
anonymous quote and Momentum put out
a story saying this is nonsense, it | 0:08:05 | 0:08:11 | |
is very thin, and I was hoping to
read who the 50 Labour MPs are gone | 0:08:11 | 0:08:16 | |
and who in Momentum is doing it but
I can't find anything in the paper | 0:08:16 | 0:08:23 | |
about that. We will come onto why
that is not the strongest story for | 0:08:23 | 0:08:27 | |
a front-page splash on a national
newspaper. We will certainly come | 0:08:27 | 0:08:32 | |
onto that later. Let's keep moving
ahead because there is quite a tough | 0:08:32 | 0:08:35 | |
story again for the Conservatives
inside the Sunday Times, this is | 0:08:35 | 0:08:39 | |
Michael Gove and others, I would
say, on manoeuvres, is that a fair | 0:08:39 | 0:08:43 | |
phrase? The amazing quotes from Nick
Boles, former Housing Minister, | 0:08:43 | 0:08:48 | |
still a Tory MP, he said we have a
government full of boiled rabbits, | 0:08:48 | 0:08:53 | |
which is apparently an Orwellian
phrase, George Orwell phrase, saying | 0:08:53 | 0:08:58 | |
that he thinks that the government
is full of people who are either | 0:08:58 | 0:09:03 | |
wet, meaning soft, or they are not
brave enough to be radical and it is | 0:09:03 | 0:09:08 | |
a timid government. Because he is so
vivid I will read the whole quote, | 0:09:08 | 0:09:12 | |
or most of it. We have a government
full of boiled rabbits, Theresa may | 0:09:12 | 0:09:15 | |
needs to give ministers their head
and needs to tell them to follow | 0:09:15 | 0:09:19 | |
their convictions, and ideally she
needs to have a few convictions | 0:09:19 | 0:09:21 | |
herself. Ouch! What do you make of
that, James Kelly? Unsurprisingly I | 0:09:21 | 0:09:29 | |
don't agree with Nick. What has gone
on? | 0:09:29 | 0:09:37 | |
on? The Prime Minister set out her
views about corporate responsibility | 0:09:37 | 0:09:40 | |
and big business, which were a
reflection of the things she was | 0:09:40 | 0:09:45 | |
saying on the steps of Downing
Street when she set out her vision. | 0:09:45 | 0:09:51 | |
Would you expect strong actions to
go after these words? The fact she | 0:09:51 | 0:09:56 | |
has made such a powerful statement
in the Observer indicates that we | 0:09:56 | 0:10:01 | |
are very much focused on getting a
grip on this kind of stuff and | 0:10:01 | 0:10:04 | |
people expect that. The point I was
making is this is not new, this is | 0:10:04 | 0:10:07 | |
not a response to things that have
happened, this is her long-standing | 0:10:07 | 0:10:12 | |
position on these issues. You have
been a supporter of Boris in the | 0:10:12 | 0:10:15 | |
past, we have seen him all over the
front page of the Daily Telegraph | 0:10:15 | 0:10:18 | |
and again in the story, it said he
will win a cabinet battle to put | 0:10:18 | 0:10:22 | |
more money into the NHS after
Brexit. Is he on manoeuvres? Not as | 0:10:22 | 0:10:27 | |
far as I know. Silly question, I
know. Still, the Momentum story? | 0:10:27 | 0:10:37 | |
Quite possibly. Something that is
definitely not thin because it's in | 0:10:37 | 0:10:41 | |
his own words, John McDonnell in the
Shadow Chancellor talking in the | 0:10:41 | 0:10:44 | |
Sunday Mirror about his plans for
the NHS and Emergency Budget. John | 0:10:44 | 0:10:48 | |
McDonnell says if he were Chancellor
at the moment he would unveil an | 0:10:48 | 0:10:51 | |
Emergency Budget next week for the
NHS is providing £5 billion input | 0:10:51 | 0:10:56 | |
and he would do this by taxing
higher earners more. This is stuff | 0:10:56 | 0:11:02 | |
we know up to a point already in
terms of the high rates of tax but | 0:11:02 | 0:11:05 | |
he's bringing it forward, he's
saying it's about momentum in a | 0:11:05 | 0:11:09 | |
different sense, I suppose, early
days for a Labour government, we | 0:11:09 | 0:11:12 | |
would first do an emergency digit
and put more money into the NHS. | 0:11:12 | 0:11:17 | |
They think there is a mood out there
for people to pay more tax to save | 0:11:17 | 0:11:21 | |
the NHS, as it were. This is another
watershed moment. Well, it depends. | 0:11:21 | 0:11:27 | |
If the Labour Party were honest
enough to say we are going to pump | 0:11:27 | 0:11:30 | |
extra spending into the NHS, and you
are going to pay more tax, I would | 0:11:30 | 0:11:35 | |
have more respect. Once again what
we are seeing is the Labour Party | 0:11:35 | 0:11:37 | |
saying they will put money in and
somebody else. Over 80,000 fourth of | 0:11:37 | 0:11:43 | |
the vast majority of British people
in reality will pay more tax on the | 0:11:43 | 0:11:47 | |
Labour's plans and we will come onto
that in a minute. What they keep | 0:11:47 | 0:11:50 | |
doing is they say we will spend this
extra money but don't worry somebody | 0:11:50 | 0:11:53 | |
else will foot the bill and that's
just fundamentally dishonest | 0:11:53 | 0:11:57 | |
position to help with the British
people. Telegraph has a story, the | 0:11:57 | 0:12:03 | |
right of centre think tank, we
should say, has costed some Labour | 0:12:03 | 0:12:07 | |
spending plans when it comes to
renationalisation, is that right? | 0:12:07 | 0:12:10 | |
The figure they have put on it which
they have calculated is £176 billion | 0:12:10 | 0:12:19 | |
to renationalise these public
utilities and the rail companies. To | 0:12:19 | 0:12:22 | |
put that into perspective, that is
about the same size as the NHS | 0:12:22 | 0:12:26 | |
budget and the defence budget put
together. If it's true... Even if | 0:12:26 | 0:12:33 | |
the figure is slightly off, we are
not looking at an order of magnitude | 0:12:33 | 0:12:37 | |
error, you are looking at something
at or near 100, 50 billion and that | 0:12:37 | 0:12:43 | |
is a massive amount of money. Once
again someone is going to have to | 0:12:43 | 0:12:50 | |
pay -- 150 billion. I will talk to
John McDonnell about that later. | 0:12:50 | 0:12:53 | |
Talk about the story that stung but
maybe not enough, on the front page | 0:12:53 | 0:12:58 | |
of the Mail on Sunday and inside the
Mail on Sunday and there suggestions | 0:12:58 | 0:13:02 | |
the Sunday Times had it and they
were working with Channel 4's | 0:13:02 | 0:13:06 | |
Dispatches programme and they set up
a sting operation in an office in | 0:13:06 | 0:13:10 | |
Mayfair and had a Chinese lady who
brought in three leading | 0:13:10 | 0:13:14 | |
Conservatives and she tried to
persuade them to do something | 0:13:14 | 0:13:16 | |
improper and sadly for everybody
they didn't. This is the point I was | 0:13:16 | 0:13:21 | |
making about those seeming | 0:13:21 | 0:13:28 | |
making about those seeming gaps in
The Times. The Mail on Sunday has | 0:13:28 | 0:13:30 | |
gone with a big splash but when you
look at the language it is all about | 0:13:30 | 0:13:34 | |
what was done to the MPs and not
what they have actually said. As far | 0:13:34 | 0:13:39 | |
as I can make out, I've read through
this in a bit of detail, it seems | 0:13:39 | 0:13:43 | |
they were approached and they also
bass interesting, I will consult the | 0:13:43 | 0:13:46 | |
Parliamentary authorities and get
back to you. Exacted what they were | 0:13:46 | 0:13:50 | |
supposed to not do, they were
supposed to say, yeah, give it to | 0:13:50 | 0:13:54 | |
me. It is a bit of a nonstory, big
splash. As a newspaper editor there | 0:13:54 | 0:13:59 | |
is nothing worse than having a big
story you are excited about, | 0:13:59 | 0:14:02 | |
emptying space across the paper for
it and it's not quite ready on the | 0:14:02 | 0:14:06 | |
day. Especially if people know about
it which is what happened in this | 0:14:06 | 0:14:08 | |
case, it is best to keep these
incredibly secret so nobody knows | 0:14:08 | 0:14:11 | |
about it when you fail to deliver.
UNIX story is a bit further afield, | 0:14:11 | 0:14:16 | |
but still a British connection to
the talks in Germany between Angela | 0:14:16 | 0:14:21 | |
Merkel and social Democrats. It is
crunch day today because there is a | 0:14:21 | 0:14:24 | |
vote amongst the social Democrats
about whether their leader and | 0:14:24 | 0:14:27 | |
whether they should go into a grand
coalition with Merkel's | 0:14:27 | 0:14:31 | |
Conservatives. It's particularly
interesting because according to | 0:14:31 | 0:14:33 | |
this terrific piece in the Observer,
the people who are most opposing the | 0:14:33 | 0:14:39 | |
idea of an alliance with Merkel are
the young activists in the social | 0:14:39 | 0:14:42 | |
Democrats. They say they want a
chance for the SPD to renew itself, | 0:14:42 | 0:14:48 | |
they want to prevent the far right,
AfD, from being the official | 0:14:48 | 0:14:54 | |
opposition in the Bundestag, so they
may prevent this from happening. The | 0:14:54 | 0:14:57 | |
idea it is the youth wing causing
all the excitement I think is | 0:14:57 | 0:15:01 | |
interesting and has parallels here
and the boat is today. Fascinating | 0:15:01 | 0:15:05 | |
story and we will watch closely. A
few days ago I noticed Nigel Farage | 0:15:05 | 0:15:10 | |
said something quite odd. He said
that we Brexiteers are losing the | 0:15:10 | 0:15:14 | |
argument, things are going backward,
something will have to change, you | 0:15:14 | 0:15:18 | |
wonder what he's up to. The Sunday
Times thinks it knows what he's up | 0:15:18 | 0:15:23 | |
to. Apparently he seems to feel that
not being the leader of a political | 0:15:23 | 0:15:27 | |
party is something he is unhappy
with her as a status and there is | 0:15:27 | 0:15:33 | |
talk about him launching a new
political party, which I think is | 0:15:33 | 0:15:39 | |
interesting. The internal arguments
in Ukip are boiling up here. Do you | 0:15:39 | 0:15:48 | |
think Henry Bolton fans arrive as
leader of Ukip? I'm not sure is that | 0:15:48 | 0:15:53 | |
relevant, this is the challenge Ukip
have got, they are no longer | 0:15:53 | 0:15:57 | |
relevant. What is the question to
which Ukip is the right answer? I | 0:15:57 | 0:16:02 | |
certainly don't know. Long pause
there. Thank you, that was a really | 0:16:02 | 0:16:06 | |
good counter, indeed a gallop from
the newspaper stories. And so to the | 0:16:06 | 0:16:10 | |
weather, lots of snow in the north
and lowest temperatures for a very | 0:16:10 | 0:16:13 | |
long time, -13 in some places, but
beyond that down here soaking, it's | 0:16:13 | 0:16:16 | |
coming down in Sderot, cats and
dogs, sluicing, dripping, gushing, | 0:16:16 | 0:16:24 | |
gurgling, nice for docks, over to
Tomasz Schafernaker. | 0:16:24 | 0:16:35 | |
What an introduction, you have
summed it up perfectly. We are | 0:16:35 | 0:16:39 | |
talking about snow, take it steady
on the roads today, the snow will be | 0:16:39 | 0:16:43 | |
coming down in the coming hours. The
very mild areas in the south, the | 0:16:43 | 0:16:48 | |
cold air in the north and it was the
coldest night of the winter so far, | 0:16:48 | 0:16:54 | |
minus 13 degrees. This snow from
Scotland and to the Highlands and | 0:16:54 | 0:16:58 | |
the north of England as well. | 0:16:58 | 0:17:04 | |
the north of England as well. Up to
15 centimetres of fresh snow on the | 0:17:04 | 0:17:07 | |
way, turning milder in Northern
Ireland, Wales and the south-west, | 0:17:07 | 0:17:11 | |
but in the Midlands we would have
seemed a bit of snow. It is very | 0:17:11 | 0:17:15 | |
difficult today to say how much
snow, but the overall message is | 0:17:15 | 0:17:22 | |
many northern, central and some
southern areas will get at least | 0:17:22 | 0:17:25 | |
some covering here and there. Most
of the snow will fall across the | 0:17:25 | 0:17:30 | |
hills but it will be a temporary
feature because by the time we get | 0:17:30 | 0:17:34 | |
to the end of the night the mild air
arrives of the Atlantic. The | 0:17:34 | 0:17:39 | |
snapshot for tomorrow, you can see a
completely different day, no snow in | 0:17:39 | 0:17:43 | |
the forecast | 0:17:43 | 0:17:44 | |
completely different day, no snow in
the forecast and that little bit | 0:17:44 | 0:17:47 | |
milder as well.
So for once we can look forward to | 0:17:47 | 0:17:49 | |
Monday. | 0:17:49 | 0:17:50 | |
Tina Brown was a bright young
British journalist who grabbed | 0:17:50 | 0:17:53 | |
Tatler at the age of 25
and basically saved its bacon. | 0:17:53 | 0:17:56 | |
She married the great
newspaper editor Harry Evans | 0:17:56 | 0:17:57 | |
and went to New York. | 0:17:57 | 0:17:59 | |
There, she reshaped much
of American journalism, | 0:17:59 | 0:18:00 | |
latterly at The Daily Beast,
before that at the New Yorker, | 0:18:00 | 0:18:03 | |
and perhaps most successfully
of all, Vanity Fair. | 0:18:03 | 0:18:05 | |
She's just published | 0:18:05 | 0:18:06 | |
the Vanity Fair Diaries
and she joins me now. | 0:18:06 | 0:18:11 | |
Tino, welcome. You tell in the
stories of the diaries, a world of | 0:18:11 | 0:18:19 | |
rubbing shoulders with
extraordinarily glamorous people | 0:18:19 | 0:18:23 | |
like Michael Jackson, Andy Warhol,
all sorts. | 0:18:23 | 0:18:31 | |
all sorts. Is there anybody now
where you can turn around at a party | 0:18:31 | 0:18:36 | |
and say, wow, and standing next to
X? An completely obsessed with | 0:18:36 | 0:18:47 | |
Angela Merkel but she is the
anti-Vanity Fair person. You | 0:18:47 | 0:18:50 | |
couldn't put her on the front cover,
could you? I would now. She's been a | 0:18:50 | 0:18:58 | |
rock star, her charisma is fading a
little but she still remains the | 0:18:58 | 0:19:03 | |
incredible purpose-built pantsuit
that conquers the world. The first | 0:19:03 | 0:19:07 | |
really big moments in New York were
putting onto the front page of | 0:19:07 | 0:19:11 | |
Vanity Fair some extraordinary
pictures which grabbed attention | 0:19:11 | 0:19:16 | |
very famously of Demi Moore. Did you
know at the time, did you think this | 0:19:16 | 0:19:24 | |
will change things? As soon as I saw
that picture I was obsessed with | 0:19:24 | 0:19:28 | |
having it on the cover. It happened
because I had just been pregnant and | 0:19:28 | 0:19:33 | |
was militant about wearing maternity
clothes. I said to the photographer, | 0:19:33 | 0:19:39 | |
do hurts so you can show the bulge.
What I didn't say was doing naked | 0:19:39 | 0:19:46 | |
and pregnant, but she came back with
these pictures, I went ballistic and | 0:19:46 | 0:19:53 | |
I had to have it. So you didn't look
at it, and think this is too much? | 0:19:53 | 0:20:00 | |
No, I thought it was a liberating
statement for women. I don't think | 0:20:00 | 0:20:05 | |
women have ever really worn
maternity clothes since. It did | 0:20:05 | 0:20:09 | |
change things and of course you put
on about a million on Vanity Fair's | 0:20:09 | 0:20:15 | |
circulation mainly on the news stand
so people would walk past the new | 0:20:15 | 0:20:20 | |
stand, put their hand in their
pocket and by that. Indeed, a | 0:20:20 | 0:20:25 | |
wonderful day. You think it is still
possible for print to get its Mojo | 0:20:25 | 0:20:31 | |
back? It is not possible I don't
think for the newsstand to ever | 0:20:31 | 0:20:35 | |
return. Actually with Demi Moore, we
were at 700,000, we went up to 1.2 | 0:20:35 | 0:20:44 | |
million. When the Caitlin Jenner
cover, the transgender cover of | 0:20:44 | 0:20:53 | |
Caitlin Jenner was on the cover of
Vanity Fair, it didn't really impact | 0:20:53 | 0:20:57 | |
at all... It had an impact but it
didn't have newsstand impact because | 0:20:57 | 0:21:01 | |
everybody looked at it online. So
this means a whole new way of | 0:21:01 | 0:21:06 | |
thinking about journalism and Harry
Evans, the idea you have to have a | 0:21:06 | 0:21:10 | |
great headline and picture, that's
how you build circulation, that is | 0:21:10 | 0:21:14 | |
all going? You still need a great
cover, more than ever, because now | 0:21:14 | 0:21:20 | |
nobody reads inside magazines.
Everybody hopes that will get you | 0:21:20 | 0:21:28 | |
talking and drive you to the content
inside. In the Vanity Fair Diaries, | 0:21:28 | 0:21:35 | |
one figure appears again and again
added to his Donald Trump. You | 0:21:35 | 0:21:39 | |
compare him initially to Elvis, what
was he like when you first came | 0:21:39 | 0:21:43 | |
across him? He does recur like a
virus! When I first met him I had | 0:21:43 | 0:21:48 | |
just extracted the art of the deal
in Vanity Fair. I say in the diaries | 0:21:48 | 0:21:54 | |
this is all | 0:21:54 | 0:22:02 | |
this is all -- full-hit but it is
authentic. He was loud and brash, | 0:22:02 | 0:22:14 | |
and I thought he was for me. Later
on one of your reporters does number | 0:22:14 | 0:22:22 | |
on him and discovers he has a
collection of Hitler's speeches in | 0:22:22 | 0:22:26 | |
his office and various other things
about him. She goes to a party with | 0:22:26 | 0:22:31 | |
him, what happens next? This piece
which had gone into his financial | 0:22:31 | 0:22:37 | |
failings and then the Hitler
speeches which have made enormous | 0:22:37 | 0:22:40 | |
news, so she's at a dinner party
sitting at a black-tie benefit and | 0:22:40 | 0:22:45 | |
she suddenly feels something wet
down her back. She looks behind her | 0:22:45 | 0:22:49 | |
and thinking the waiter had spilled
the wind. She sees the sneaky figure | 0:22:49 | 0:22:55 | |
of Donald Trump taking off, he had
spilled wine down her back and she | 0:22:55 | 0:23:03 | |
wanted to send him the cleaning bill
but decided that would only get more | 0:23:03 | 0:23:10 | |
thunder from him. And to understand
Donald Trump you have to understand | 0:23:10 | 0:23:14 | |
New York in the 1980s, high rolling,
brash, over the top, people spoke | 0:23:14 | 0:23:19 | |
and acted in an unusual way. His
gilded grossness is the icon of that | 0:23:19 | 0:23:25 | |
whole era and it was his tower in a
sense. If you can think of one image | 0:23:25 | 0:23:31 | |
of the 1980s it was that the old
tower with Donald Trump at the top | 0:23:31 | 0:23:35 | |
of it. It is interesting now how
that sort of sense of the 1980s has | 0:23:35 | 0:23:39 | |
returned, like we are in the
constant recurring waves of the | 0:23:39 | 0:23:42 | |
past. Is it not possible, you are
involved in corporations of one kind | 0:23:42 | 0:23:47 | |
or another, big personal tax cuts
and corporate tax cuts, is it | 0:23:47 | 0:23:54 | |
possible Trump economics will work,
bringing jobs back to America and a | 0:23:54 | 0:23:58 | |
return to the Roaring 1980s? Frankly
you already feel the animal spirits | 0:23:58 | 0:24:03 | |
on Wall Street just like in the
1980s. I think the Democrats' | 0:24:03 | 0:24:08 | |
mistake is not to allow him any
credit. Apple has 270 billion | 0:24:08 | 0:24:15 | |
offshore account, coming back to the
US, which will result in 38 billion | 0:24:15 | 0:24:23 | |
dollars in taxes, jobs, it is a big
thing and will be emulated by other | 0:24:23 | 0:24:28 | |
people. It is just possible... That
he could be re-elected. Without | 0:24:28 | 0:24:36 | |
doubt, there is a strong possibility
he could be re-elected. The other | 0:24:36 | 0:24:40 | |
big figure you were involved with in
Talk magazine is Harvey Weinstein, | 0:24:40 | 0:24:46 | |
and you didn't know he was engaged
to like this, you have great and | 0:24:46 | 0:24:51 | |
tonight. It was not my greatest
career move going to work with | 0:24:51 | 0:24:56 | |
Harvey, I was more concerned with
the volcanic chicanery | 0:24:56 | 0:25:03 | |
the volcanic chicanery than any
sexual stuff. I didn't know what was | 0:25:05 | 0:25:08 | |
going on inside his office. One knew
he had a million and one women who | 0:25:08 | 0:25:13 | |
would like to hang out with at night
but he was a Hollywood guy. He was a | 0:25:13 | 0:25:20 | |
bully and caused you post-traumatic
stress disorder, you said? I've | 0:25:20 | 0:25:23 | |
never experienced battling with
Harvey because on a daily basis he | 0:25:23 | 0:25:29 | |
so profane and awful. You wrote an
interesting book about Diana, the | 0:25:29 | 0:25:33 | |
day chronicles, in that context
anecdotes about Meghan Markle as she | 0:25:33 | 0:25:37 | |
embarks on this odd life inside the
royal family? What's interesting to | 0:25:37 | 0:25:41 | |
think about is the fact at 36 Meghan
Markle is the same age Diana was | 0:25:41 | 0:25:47 | |
when she died. With Meghan Markle
the main thing is she's had this | 0:25:47 | 0:25:52 | |
huge life already and she's this
well-trained public woman so that is | 0:25:52 | 0:25:56 | |
one of the biggest differences.
Diana was a child, she was 19 when | 0:25:56 | 0:26:01 | |
she met Charles. Absolutely | 0:26:01 | 0:26:07 | |
she met Charles. Absolutely funds --
fascinating, Tina Brown. And for | 0:26:08 | 0:26:11 | |
anybody offended by a word used, we
apologise. | 0:26:11 | 0:26:15 | |
Now coming up later this morning,
Sarah Smith will be talking | 0:26:15 | 0:26:18 | |
about Brexit as Jacob Rees-Mogg goes
head to head with | 0:26:18 | 0:26:20 | |
arch remainer Lord Adonis. | 0:26:20 | 0:26:21 | |
And she'll be talking to beguiled
Ukip leader Henry Bolton. | 0:26:21 | 0:26:24 | |
That's the Sunday Politics
at 11am, here on BBC One. | 0:26:24 | 0:26:26 | |
I first interviewed Emmanuel Macron
in 2016 when he was a relatively | 0:26:26 | 0:26:29 | |
unknown economic minister determined
to swipe hi-tech jobs from London. | 0:26:29 | 0:26:31 | |
Since then, of course,
he tore up the political rule book | 0:26:31 | 0:26:34 | |
and romped to a historic victory
in the French | 0:26:34 | 0:26:36 | |
presidential elections. | 0:26:36 | 0:26:39 | |
With Angela Merkel
struggling in Germany, | 0:26:39 | 0:26:41 | |
President Macron is widely seen
as THE Leader in Europe. | 0:26:41 | 0:26:43 | |
This week, he came to talk
defence and the migrant | 0:26:43 | 0:26:45 | |
crisis with Theresa May
at the Royal Military | 0:26:45 | 0:26:47 | |
Academy in Sandhurst. | 0:26:47 | 0:26:49 | |
I caught up with him there and began
by asking him whether he thought our | 0:26:49 | 0:26:52 | |
Prime Minister could secure the deep
and special partnership | 0:26:52 | 0:26:54 | |
with the EU that she talks of. | 0:26:54 | 0:26:59 | |
I do hope. | 0:26:59 | 0:27:02 | |
I do hope, because I think it will
be good for the EU and for the UK. | 0:27:02 | 0:27:06 | |
She said a deep relationship. | 0:27:06 | 0:27:09 | |
However, I imagine your view
is if the UK is not going to be | 0:27:09 | 0:27:12 | |
a member of the customs union
or the Single Market, | 0:27:12 | 0:27:15 | |
or accept the four freedoms,
it can't be that deep. | 0:27:15 | 0:27:18 | |
Look, it will be by definition less
deep than today because the deepest | 0:27:18 | 0:27:23 | |
possible relation is being a member
of the European Union, | 0:27:23 | 0:27:27 | |
so I think you have to be lucid
and you have to be fair with people. | 0:27:27 | 0:27:35 | |
As you decided to leave, you cannot
be part of the Single Market. | 0:27:36 | 0:27:43 | |
But in the function of the nature of
the negotiation, you can have some | 0:27:43 | 0:27:46 | |
deeper relations than some others. | 0:27:46 | 0:27:48 | |
For instance, we have a deeper
relation with Norway than the one | 0:27:48 | 0:27:51 | |
we have with Canada. | 0:27:51 | 0:27:53 | |
So, it depends on the outcome
of the negotiation. | 0:27:53 | 0:27:55 | |
But, for sure, except
if you change your mind, | 0:27:55 | 0:28:00 | |
but you will not be part
of the Single Market, | 0:28:00 | 0:28:03 | |
as you will not be part
of the European Union. | 0:28:03 | 0:28:08 | |
And in concrete terms, let's talk
about what that might mean. | 0:28:08 | 0:28:11 | |
You've said in the past you can have
Canada or you can have | 0:28:11 | 0:28:14 | |
Norway, but you can't
have your own special deal. | 0:28:14 | 0:28:16 | |
Is that really fair,
given how long Britain has | 0:28:16 | 0:28:18 | |
been part of the EU? | 0:28:18 | 0:28:19 | |
No, it's not a question
to be fair or unfair. | 0:28:19 | 0:28:22 | |
I take that as a reference
but for sure you'll have your own | 0:28:22 | 0:28:26 | |
solution, and my willingness... | 0:28:26 | 0:28:28 | |
So there will be a bespoke special
solution for Britain? | 0:28:28 | 0:28:31 | |
Sure but I take these two references
because this special way should be | 0:28:31 | 0:28:35 | |
consistent with the preservation
of the Single Market | 0:28:35 | 0:28:38 | |
and our collective interests. | 0:28:38 | 0:28:42 | |
And, you should understand that
you cannot, by definition, | 0:28:42 | 0:28:45 | |
have the full access
to the Single Market | 0:28:45 | 0:28:47 | |
if you don't tick the box. | 0:28:47 | 0:28:52 | |
And to get full access
to the Single Market you need | 0:28:52 | 0:28:56 | |
contribution to the budget
and you have to accept... | 0:28:56 | 0:28:58 | |
The freedoms. | 0:28:58 | 0:29:00 | |
..The freedoms and the four
pillars, and you have | 0:29:00 | 0:29:02 | |
to accept the jurisdiction. | 0:29:02 | 0:29:04 | |
As soon as you decide not
to join these preconditions | 0:29:04 | 0:29:07 | |
it's not a full access. | 0:29:07 | 0:29:09 | |
So, it's something perhaps
between this full access | 0:29:09 | 0:29:12 | |
and a trade agreement. | 0:29:12 | 0:29:15 | |
But what's important is not to make
people think or believe that | 0:29:15 | 0:29:17 | |
it's possible to have... | 0:29:17 | 0:29:20 | |
Your cake and eat it? | 0:29:20 | 0:29:23 | |
Exactly. | 0:29:23 | 0:29:25 | |
So, when I talk to David Davis,
our main Brexit negotiator, | 0:29:25 | 0:29:28 | |
and I say what is Britain really
want out of this, David? | 0:29:28 | 0:29:31 | |
He says we want Canada
plus plus plus. | 0:29:31 | 0:29:38 | |
And, by plus plus plus, he means
a deal on services because so much | 0:29:38 | 0:29:41 | |
of the UK economy is based
on services in general | 0:29:41 | 0:29:44 | |
and on the City in particular. | 0:29:44 | 0:29:46 | |
From what you've said today,
I guess that you don't believe | 0:29:46 | 0:29:48 | |
that we can have any special deal
involving the City. | 0:29:48 | 0:29:51 | |
I mean, you don't just speak
about services but you speak | 0:29:51 | 0:29:54 | |
about financial services. | 0:29:54 | 0:29:58 | |
Cooking a deal is the job of
Michel Barnier, and we have a very | 0:29:58 | 0:30:01 | |
dedicated organisation. | 0:30:01 | 0:30:04 | |
I don't want to start
a negotiation country by country. | 0:30:04 | 0:30:07 | |
It would be ridiculous and the best
way to dismantle the whole EU. | 0:30:07 | 0:30:12 | |
I think what we have to do,
and what we will do, | 0:30:12 | 0:30:20 | |
is first to take the decision
in March regarding the mandate | 0:30:20 | 0:30:23 | |
we want to give to Michel
Barnier to negotiate, | 0:30:23 | 0:30:25 | |
after what he will have to negotiate
with your negotiator. | 0:30:25 | 0:30:33 | |
Full access to the single market is
not feasible. So in concrete terms, | 0:30:42 | 0:30:48 | |
some form of passporting deal is off
the table with these negotiations as | 0:30:48 | 0:30:53 | |
far as you are concerned? I am not
the one to negotiate but it depends | 0:30:53 | 0:30:57 | |
on what you are ready to put on the
table in terms of preconditions. | 0:30:57 | 0:31:04 | |
If you respect the precondition
to get But there is no cherry | 0:31:04 | 0:31:07 | |
picking in the Single Market. | 0:31:07 | 0:31:08 | |
I mean, if I have to wrap up
the full philosophy, | 0:31:08 | 0:31:10 | |
no cherry picking of the Single
Market. | 0:31:10 | 0:31:14 | |
Because it's not feasible. | 0:31:14 | 0:31:17 | |
Because otherwise that's the
dismantling of the Single Market. | 0:31:17 | 0:31:20 | |
And for me it's one of the pillars
of the European Union and something | 0:31:20 | 0:31:23 | |
you loved in the past. | 0:31:23 | 0:31:25 | |
And you say that you're not
negotiating and that's absolutely | 0:31:25 | 0:31:29 | |
right, but you are very much saying
that one of the consequences | 0:31:29 | 0:31:33 | |
of Brexit, you thought,
was to reaffirm Paris's centrality | 0:31:33 | 0:31:35 | |
in the financial system
and France has made a very, | 0:31:35 | 0:31:38 | |
very strong pitch to British
financial institutions | 0:31:38 | 0:31:39 | |
to come over to Paris. | 0:31:39 | 0:31:40 | |
How is it going? | 0:31:40 | 0:31:43 | |
In terms of European dialogue
on financial services, but for sure, | 0:31:43 | 0:31:46 | |
for sure we want to attract
the maximum activity. | 0:31:46 | 0:31:48 | |
Why? | 0:31:48 | 0:31:50 | |
Because this decision has an impact
for a lot of players. | 0:31:50 | 0:31:55 | |
So a lot of players will decide
to be part of the EU | 0:31:55 | 0:31:58 | |
and the Eurozone, and they have
to choose between | 0:31:58 | 0:32:00 | |
different countries. | 0:32:00 | 0:32:01 | |
So there is a competition
between different countries. | 0:32:01 | 0:32:03 | |
Of course there is. | 0:32:03 | 0:32:05 | |
I suppose the case for the City
is that it has built up a very big | 0:32:05 | 0:32:09 | |
part of the whole global financial
system and to unplug the City | 0:32:09 | 0:32:11 | |
from the rest of the European
financial structure is a big | 0:32:11 | 0:32:14 | |
risk and danger. | 0:32:14 | 0:32:21 | |
Look, I think, first of all,
it's absolutely not my willingness | 0:32:21 | 0:32:24 | |
and not a reasonable perspective. | 0:32:24 | 0:32:25 | |
Second, it's something to be taken
into consideration by your | 0:32:25 | 0:32:28 | |
negotiator and your own proposals. | 0:32:28 | 0:32:33 | |
But my willingness is not precisely
to unplug, | 0:32:33 | 0:32:35 | |
as you say, the British City,
I think it doesn't make sense | 0:32:35 | 0:32:38 | |
because it's part of the whole
financing of our European Union. | 0:32:38 | 0:32:42 | |
But for sure, if there is no change
in terms of full access | 0:32:42 | 0:32:48 | |
to the financial Single Market,
it doesn't make sense for the other. | 0:32:48 | 0:32:52 | |
So, I want to preserve
what we created post-World War II. | 0:32:52 | 0:32:58 | |
So, I want to preserve
what we created post-World War. | 0:32:58 | 0:33:02 | |
And what we created is this
sophisticated organisation | 0:33:02 | 0:33:05 | |
called the European Union,
which is for the very first | 0:33:05 | 0:33:08 | |
time not an hegemony | 0:33:08 | 0:33:09 | |
of one on the others but a very
complete, democratic, | 0:33:09 | 0:33:11 | |
economic and human construction. | 0:33:11 | 0:33:15 | |
Why do you think the British
voted to leave this | 0:33:15 | 0:33:17 | |
sophisticated structure? | 0:33:17 | 0:33:18 | |
Look, I'm not the one
to judge or to comment | 0:33:18 | 0:33:23 | |
the decision of your people. | 0:33:23 | 0:33:26 | |
But my interpretation is that a lot
of losers of this new globalisation | 0:33:26 | 0:33:29 | |
and this new system suddenly decided
that it was no more for them. | 0:33:29 | 0:33:32 | |
You always take a risk
when you have such a referendum. | 0:33:32 | 0:33:40 | |
Just yes or no in a very
complicated context. | 0:33:40 | 0:33:43 | |
If France had had a referendum it
might have had the same results. | 0:33:43 | 0:33:46 | |
If France had had a referendum it
might have had the same result. | 0:33:46 | 0:33:50 | |
Yeah, probably. | 0:33:50 | 0:33:52 | |
Probably, in a similar context. | 0:33:52 | 0:33:54 | |
But our context was very different,
so I don't want to... | 0:33:54 | 0:34:02 | |
..Make any... | 0:34:03 | 0:34:06 | |
I mean, to take any bed,
but I would have definitely | 0:34:06 | 0:34:08 | |
fought very hard to win. | 0:34:08 | 0:34:10 | |
But I think it's a mistake
when we just ask yes or no | 0:34:10 | 0:34:13 | |
when you don't ask people how
to improve the situation | 0:34:13 | 0:34:15 | |
and to explain how to improve it. | 0:34:15 | 0:34:19 | |
As for the Brexit vote,
my understanding is that middle | 0:34:19 | 0:34:21 | |
classes and working classes,
and especially the oldest | 0:34:21 | 0:34:23 | |
in your country, decided
that the recent decades were not | 0:34:23 | 0:34:26 | |
in their favour and that
the adjustments made by both | 0:34:26 | 0:34:34 | |
EU and globalisation,
because for me it was a mix of both | 0:34:37 | 0:34:40 | |
of them, was not in their favour. | 0:34:40 | 0:34:42 | |
But surely it was about Europe as
well, and the structure of Europe. | 0:34:42 | 0:34:46 | |
And second, I think one
of the reasons was precisely | 0:34:46 | 0:34:50 | |
an organisation of our
European Union, probably | 0:34:50 | 0:34:57 | |
which got too far in terms
of freedom without cohesion, | 0:34:57 | 0:35:01 | |
towards free markets without any
rules and any convergence. | 0:35:01 | 0:35:05 | |
And I have to say that
your government had some | 0:35:05 | 0:35:08 | |
responsibilities in it. | 0:35:08 | 0:35:10 | |
Too neoliberal, perhaps? | 0:35:10 | 0:35:18 | |
Ten years ago ultra-liberal
and purely free-market | 0:35:19 | 0:35:21 | |
without any regulation,
because all your people saying | 0:35:21 | 0:35:27 | |
the Hungarian workers or the Polish
workers are much more favoured | 0:35:27 | 0:35:30 | |
than I am, it was exactly the debate
we had in France ten to 15 years ago | 0:35:30 | 0:35:34 | |
against some directives that a lot
of your governments pushed at that | 0:35:34 | 0:35:38 | |
time saying, guys,
you are not free market. | 0:35:38 | 0:35:40 | |
I do believe in free market. | 0:35:40 | 0:35:42 | |
I do believe in a market economy. | 0:35:42 | 0:35:43 | |
But we need regulation
and convergence. | 0:35:43 | 0:35:46 | |
Your vision seems to me
to be deepening Europe | 0:35:46 | 0:35:50 | |
as a response to this. | 0:35:50 | 0:35:51 | |
You want a single financial minister
over the whole thing, | 0:35:51 | 0:35:54 | |
more European taxes,
more done at the centre. | 0:35:54 | 0:35:56 | |
Again, is that not a terrible risk? | 0:35:56 | 0:35:57 | |
No. | 0:35:57 | 0:35:59 | |
Given how many European people
look at this and say, | 0:35:59 | 0:36:01 | |
"It's too far away already." | 0:36:01 | 0:36:02 | |
No. | 0:36:02 | 0:36:03 | |
"I don't feel engaged with it." | 0:36:03 | 0:36:05 | |
No, because it's not just my view. | 0:36:05 | 0:36:07 | |
I think what we need is first
of all to have a much | 0:36:07 | 0:36:10 | |
more protective Europe. | 0:36:10 | 0:36:11 | |
Europe is something which will
protect you on digital, | 0:36:11 | 0:36:14 | |
environment, migration,
collective security, | 0:36:14 | 0:36:15 | |
and a fair organisation. | 0:36:15 | 0:36:23 | |
But my, I would say,
on the mid- to long-run view | 0:36:25 | 0:36:28 | |
of Europe is the following. | 0:36:28 | 0:36:31 | |
I do believe that we will
have a European Union, | 0:36:31 | 0:36:33 | |
we will be, unhappily, 27. | 0:36:33 | 0:36:34 | |
Inevitably, definitely? | 0:36:34 | 0:36:35 | |
I mean it's on your own,
it depends on you. | 0:36:35 | 0:36:38 | |
I mean, I do respect this vote. | 0:36:38 | 0:36:39 | |
I do regret this vote. | 0:36:39 | 0:36:41 | |
And I would love
to welcome you again. | 0:36:41 | 0:36:42 | |
I can say it. | 0:36:42 | 0:36:44 | |
Your vision of a different Europe. | 0:36:44 | 0:36:47 | |
But my vision, to be clear,
on the very short run, | 0:36:47 | 0:36:50 | |
be much more concrete,
less bureaucracy and more concrete | 0:36:50 | 0:36:52 | |
and so to protect people
and address the issues. | 0:36:52 | 0:36:55 | |
More sovereignty, more
unity, more democracy. | 0:36:55 | 0:36:59 | |
That's the recipe in order
to succeed in Europe. | 0:36:59 | 0:37:01 | |
If you lose your sovereignty
and you don't protect people | 0:37:01 | 0:37:04 | |
they don't believe in you. | 0:37:04 | 0:37:05 | |
If you are not based on a democratic
approach they will not follow you. | 0:37:05 | 0:37:11 | |
If you are not following this unity,
ie creating consistency | 0:37:11 | 0:37:14 | |
and convergence they will leave. | 0:37:14 | 0:37:15 | |
You said France is back. | 0:37:15 | 0:37:16 | |
What did you mean by that? | 0:37:16 | 0:37:19 | |
I mean that we are delivering
reforms which were | 0:37:19 | 0:37:21 | |
impossible for decades. | 0:37:21 | 0:37:25 | |
This is, for me, the pillar
because when you are not credible | 0:37:25 | 0:37:28 | |
at home you have no chance
to be credible outside. | 0:37:28 | 0:37:30 | |
You talk about values,
which must involve, presumably, | 0:37:30 | 0:37:33 | |
freedom of the press and human
rights and so forth. | 0:37:33 | 0:37:37 | |
Did you raise those
with the Chinese President | 0:37:37 | 0:37:39 | |
when you were talking to him? | 0:37:39 | 0:37:43 | |
I raised with all the leaders I met. | 0:37:43 | 0:37:45 | |
In China it's absolutely
counter-productive to raise it, | 0:37:45 | 0:37:47 | |
there is no press conference. | 0:37:47 | 0:37:49 | |
Because, I mean, the political
systems, regime, presidency, | 0:37:49 | 0:37:54 | |
is not in a situation,
in an environment... | 0:37:54 | 0:37:56 | |
Not going to help, you think? | 0:37:56 | 0:37:57 | |
I do believe it's totally
counter-productive. | 0:37:57 | 0:38:00 | |
OK. | 0:38:00 | 0:38:04 | |
So, what I did is I had
a direct discussion, | 0:38:04 | 0:38:07 | |
we have tried to discuss the issue. | 0:38:07 | 0:38:11 | |
We decided an organisation
and I provided, I would say, | 0:38:11 | 0:38:14 | |
visibility and the ability for him
to be sure that this is not | 0:38:14 | 0:38:17 | |
a diplomacy in front of the camera. | 0:38:17 | 0:38:19 | |
But I issued a very clear statement. | 0:38:19 | 0:38:21 | |
Let me ask you, if I may,
about yet another leader and wonder | 0:38:21 | 0:38:26 | |
what you thought when you got up
in the morning and read | 0:38:26 | 0:38:29 | |
what President Trump,
I can't say the word, | 0:38:29 | 0:38:31 | |
had said about certain African
countries, s-hole countries, | 0:38:31 | 0:38:36 | |
he denies it but a lot of people
say he used that word. | 0:38:36 | 0:38:39 | |
And among the African countries
who were outraged and very offended | 0:38:39 | 0:38:41 | |
by that were many Francophone
countries, many French-speaking | 0:38:41 | 0:38:43 | |
countries in Africa, and I wondered,
did you share their outrage? | 0:38:43 | 0:38:46 | |
For sure. | 0:38:46 | 0:38:51 | |
For sure. | 0:38:51 | 0:38:54 | |
It's not a word you can use,
and if we want precisely to build | 0:38:54 | 0:39:00 | |
peace, development in this country | 0:39:00 | 0:39:07 | |
and a respectful relationship. | 0:39:07 | 0:39:09 | |
You can't use those kind of words? | 0:39:09 | 0:39:11 | |
That by definition, and I think
a lot of our issues in both | 0:39:11 | 0:39:14 | |
the Middle East and in Africa is due
to a lot of frustrations, | 0:39:14 | 0:39:17 | |
due to a lot of past humiliation. | 0:39:17 | 0:39:19 | |
And we have to understand that,
and I do believe that we have | 0:39:19 | 0:39:22 | |
to respect all the countries. | 0:39:22 | 0:39:25 | |
That's what we owe them and that's
much more efficient. | 0:39:25 | 0:39:32 | |
So, I have a very direct
relationship with President Trump. | 0:39:32 | 0:39:35 | |
We have a very good relationship. | 0:39:35 | 0:39:38 | |
You sat down for him with dinner
at the top of the Eiffel Tower. | 0:39:38 | 0:39:42 | |
Sure. | 0:39:42 | 0:39:43 | |
I wondered what you make
of him as a person having | 0:39:43 | 0:39:45 | |
come across him closely. | 0:39:45 | 0:39:46 | |
Look, I think he is not
a classical politician. | 0:39:46 | 0:39:48 | |
So, first of all, he was elected by
the American people as the President | 0:39:48 | 0:39:52 | |
of the United States. | 0:39:52 | 0:39:54 | |
And that's a great country
and that's a great ally. | 0:39:54 | 0:40:01 | |
So, I want to work with him
and I think we built a very | 0:40:01 | 0:40:04 | |
strong relationship. | 0:40:04 | 0:40:05 | |
We disagree on several topics. | 0:40:05 | 0:40:06 | |
Sure. | 0:40:06 | 0:40:08 | |
I call him very regularly. | 0:40:08 | 0:40:10 | |
I'm always extremely
direct and frank, he is. | 0:40:10 | 0:40:12 | |
Sometimes I manage to convince him. | 0:40:12 | 0:40:13 | |
And sometimes I fail. | 0:40:13 | 0:40:15 | |
Do you wake up in the morning
thinking, what has | 0:40:15 | 0:40:17 | |
he tweeted this night? | 0:40:17 | 0:40:19 | |
No. | 0:40:19 | 0:40:21 | |
No, because I think
we should not overplay | 0:40:21 | 0:40:23 | |
the situation and these tweets. | 0:40:23 | 0:40:25 | |
I'm asking you... | 0:40:25 | 0:40:28 | |
That's a sort of mix
between personal and political | 0:40:28 | 0:40:30 | |
reaction, and I think it's not
feasible when you are the President | 0:40:30 | 0:40:38 | |
of a Republic like the US Republic
but like the French ones. | 0:40:39 | 0:40:42 | |
To respond too much like that. | 0:40:42 | 0:40:45 | |
The reason I'm asking
with a slight smile on my face, | 0:40:45 | 0:40:47 | |
but it is very, very serious. | 0:40:47 | 0:40:49 | |
We've got something
like the North Korean situation. | 0:40:49 | 0:40:52 | |
When Trump basically says,
"My nuclear button's bigger | 0:40:52 | 0:40:56 | |
than your nuclear button," a lot
of people in the world think | 0:40:56 | 0:40:59 | |
this is just slightly
unhinged and very dangerous. | 0:40:59 | 0:41:01 | |
Yes, but the best answer you can
provide to that is what? | 0:41:01 | 0:41:03 | |
Just to say we have to work very
closely and seriously to force | 0:41:03 | 0:41:07 | |
North Korea to come back
to the table of negotiations. | 0:41:07 | 0:41:09 | |
We have to follow the UN
sanctions and implement them. | 0:41:09 | 0:41:13 | |
And the critical country in order
to deliver is China. | 0:41:13 | 0:41:15 | |
Absolutely. | 0:41:15 | 0:41:16 | |
And that's what we discussed
with President Xi. | 0:41:16 | 0:41:18 | |
Talking about bringing
countries back... | 0:41:18 | 0:41:20 | |
It's just, calm down everybody. | 0:41:20 | 0:41:25 | |
Do you think that there is any
chance at all of persuading | 0:41:25 | 0:41:27 | |
the Americans to come back
to the table on the Paris | 0:41:27 | 0:41:31 | |
climate change agreement? | 0:41:31 | 0:41:31 | |
First of all, I don't think
there is any option to come back | 0:41:31 | 0:41:34 | |
to the table of negotiations
to the Paris Agreement. | 0:41:34 | 0:41:37 | |
I've always been very clear,
it's negotiated and signed. | 0:41:37 | 0:41:40 | |
It's just deciding
to sign what is done. | 0:41:40 | 0:41:42 | |
Why? | 0:41:42 | 0:41:43 | |
Because... | 0:41:43 | 0:41:44 | |
To sign it then? | 0:41:44 | 0:41:48 | |
We negotiated, more
than 180 countries signed | 0:41:48 | 0:41:50 | |
and have been ratifying. | 0:41:50 | 0:41:53 | |
Come on, we will not
renegotiate for one people. | 0:41:53 | 0:41:57 | |
So, I do believe it's a big mistake. | 0:41:57 | 0:42:00 | |
I told him there is
no new negotiation. | 0:42:00 | 0:42:02 | |
You join or you don't join. | 0:42:02 | 0:42:05 | |
China decided to remain in the loop
and we will deliver, | 0:42:05 | 0:42:07 | |
I think we have to accelerate. | 0:42:07 | 0:42:11 | |
But what I see is that the private
sector and the state in the US | 0:42:11 | 0:42:15 | |
are following this line. | 0:42:15 | 0:42:16 | |
They are trying to comply with
the agreement, so we will do it. | 0:42:16 | 0:42:19 | |
Very final question. | 0:42:19 | 0:42:22 | |
You said you were going to be
a Jupiter-like president. | 0:42:22 | 0:42:24 | |
What did you mean by that? | 0:42:24 | 0:42:27 | |
I think I never used
like that this expression. | 0:42:27 | 0:42:30 | |
When you preside you have
to preside, it's different | 0:42:30 | 0:42:34 | |
from governing, and you have
to avoid permanent comments, | 0:42:34 | 0:42:41 | |
to avoid the sort of day-to-day
presence without strong decisions. | 0:42:41 | 0:42:44 | |
You have to have a bit
of elan, a bit of gloire. | 0:42:44 | 0:42:47 | |
I would not say that exactly. | 0:42:47 | 0:42:51 | |
You need efficiency,
authority, humanity. | 0:42:51 | 0:42:59 | |
So that's why the third pillar
is not compatible with Jupiter, | 0:43:00 | 0:43:02 | |
or anything of this kind. | 0:43:02 | 0:43:06 | |
But what's important to me
and the message I want to say | 0:43:06 | 0:43:09 | |
is that our credibility
is to explain what we want to do, | 0:43:09 | 0:43:12 | |
to deliver, to change the country,
to prepare the country | 0:43:12 | 0:43:16 | |
for the new centuries. | 0:43:16 | 0:43:21 | |
That's what we are doing in France
because that's a precondition | 0:43:21 | 0:43:24 | |
to succeed in Europe. | 0:43:24 | 0:43:26 | |
And our role in this world is to
help everywhere to build peace. | 0:43:26 | 0:43:28 | |
That's it, that's my job. | 0:43:28 | 0:43:34 | |
President Macron, thank
you very much indeed. | 0:43:34 | 0:43:35 | |
Thank you very much. | 0:43:35 | 0:43:40 | |
If you are a dog soul you can see a
longer version of my interview with | 0:43:40 | 0:43:44 | |
President Emmanuel Macron on the BBC
News Channel at 11:30am this morning | 0:43:44 | 0:43:48 | |
and also tonight at 8:30pm. | 0:43:48 | 0:43:51 | |
So, we've heard from
President Macron that the EU | 0:43:51 | 0:43:53 | |
won't be doing the City of London
any favours in the Brexit talks. | 0:43:53 | 0:43:56 | |
Yet more financial headaches
for the next government. | 0:43:56 | 0:43:58 | |
And if he is Chancellor in it,
Labour's John McDonnell, | 0:43:58 | 0:44:01 | |
is also going to have to find major
resources to reverse the private | 0:44:01 | 0:44:04 | |
finance revolution which,
after Carillion, seems | 0:44:04 | 0:44:05 | |
to be unravelling. | 0:44:05 | 0:44:06 | |
He joins me now. | 0:44:06 | 0:44:09 | |
What did you make of President
Macron. It was an impressive | 0:44:09 | 0:44:13 | |
interview, I thought you interviewed
him extremely well, I will flatter | 0:44:13 | 0:44:16 | |
you, but I thought he was
impressive, very straightforward in | 0:44:16 | 0:44:20 | |
his views. Very eloquent. And also
he set the parameters of the debate. | 0:44:20 | 0:44:26 | |
He regards himself as a man of the
left, do you think he is? He is | 0:44:26 | 0:44:29 | |
centre-left, some of his policies,
some of them I disagree with. He | 0:44:29 | 0:44:32 | |
veers too much towards dominance of
the market within the economy itself | 0:44:32 | 0:44:36 | |
but it's interesting, some of the
reforms he is advocating are also | 0:44:36 | 0:44:40 | |
about the protection of the lower
earners as well. I agree with his | 0:44:40 | 0:44:45 | |
analysis about the referendum, by
the way. About how neoliberalism has | 0:44:45 | 0:44:50 | |
alienate people as a result of that
and they voted in a particular way | 0:44:50 | 0:44:53 | |
in the referendum. That's
interesting because he was very | 0:44:53 | 0:44:57 | |
specific, he said neoliberalism, or
too much liberalism, free markets | 0:44:57 | 0:45:01 | |
without protections, was the
responsibility and fault of previous | 0:45:01 | 0:45:05 | |
Labour British government. Previous
governments but also governments | 0:45:05 | 0:45:08 | |
across Europe as well. This
adherence to neoliberalism, Mark | 0:45:08 | 0:45:11 | |
Cridge, nation, we are seeing the
consequences of it. Carillion is one | 0:45:11 | 0:45:15 | |
example of that. He hit the nail on
the head about how that alienating | 0:45:15 | 0:45:23 | |
people, and people were not getting
the benefits about how the economy | 0:45:23 | 0:45:26 | |
was developing. As a result of that
in the referendum they rejected. He | 0:45:26 | 0:45:33 | |
was also very clear that the British
can get a passporting deal from the | 0:45:33 | 0:45:38 | |
City of London. You have said in the
past that any deal over Brexit | 0:45:38 | 0:45:42 | |
without passporting writes for
financial services would be | 0:45:42 | 0:45:44 | |
unacceptable. I'm really worried
that if we don't get the passporting | 0:45:44 | 0:45:48 | |
right it will impact upon our
financial sector. But also about our | 0:45:48 | 0:45:52 | |
services sector overall. That is
something we have got to negotiate. | 0:45:52 | 0:45:56 | |
He said they would set the Michel
Barnier mandate in March. We will | 0:45:56 | 0:46:00 | |
see what that mandate is but, yes,
it is a worrying instance that is | 0:46:00 | 0:46:06 | |
being cited. Very worrying because
not only would it mean less taxes | 0:46:06 | 0:46:09 | |
for a Labour government, it would be
a big part of the British economy. | 0:46:09 | 0:46:13 | |
It would cost jobs. If you are the
Chancellor after Brexit was | 0:46:13 | 0:46:19 | |
negotiated and the City did not get
passporting writes what would that | 0:46:19 | 0:46:22 | |
mean? It would cost jobs and
undermine our financial sector. That | 0:46:22 | 0:46:26 | |
is why there is a deal to be had. It
isn't just the City of London and | 0:46:26 | 0:46:30 | |
financial sector in London
benefiting our own country, it | 0:46:30 | 0:46:33 | |
benefits Europe as a whole because
it brings together the opportunities | 0:46:33 | 0:46:36 | |
of investors joining together and
investing in Europe as well as in | 0:46:36 | 0:46:40 | |
Britain. I think there is a deal to
be had. I understand why President | 0:46:40 | 0:46:45 | |
Macron has been hard-nosed about it
at this stage but in the | 0:46:45 | 0:46:48 | |
negotiations I think we will see a
softening because they will be an | 0:46:48 | 0:46:51 | |
increasing recognition of the joint
benefits we get from passporting. Do | 0:46:51 | 0:46:54 | |
you think he's bluffing? No, he is
setting up certain parameters but I | 0:46:54 | 0:46:59 | |
don't think it will dominate in the
discussions about the mandate but we | 0:46:59 | 0:47:03 | |
will see. If you were negotiating,
in charge of the negotiations, you | 0:47:03 | 0:47:07 | |
wouldn't accept any deal that didn't
have passporting in it, or something | 0:47:07 | 0:47:11 | |
like that? I set that as a redline.
I said passporting, or the | 0:47:11 | 0:47:17 | |
equivalent, basically. I think that
is a deal to be had. I don't believe | 0:47:17 | 0:47:21 | |
that our current government can
secure that deal but I think we | 0:47:21 | 0:47:26 | |
could in government. In those
circumstances to get that kind of | 0:47:26 | 0:47:28 | |
deal, would you, like Keir Starmer
and Diane Abbott, he prepared for | 0:47:28 | 0:47:32 | |
Britain to pay money in? It's
interesting because we have already | 0:47:32 | 0:47:35 | |
said certain institutions like
Euratom, we need to pay our way | 0:47:35 | 0:47:42 | |
because of the costs and get
services in return. I'm not sure | 0:47:42 | 0:47:45 | |
what President Macron means when he
says we have to pay to get access on | 0:47:45 | 0:47:49 | |
services. You have said in the past
you wouldn't pay financially, purely | 0:47:49 | 0:47:54 | |
for financial services to get
access. I don't understand why we | 0:47:54 | 0:47:57 | |
would have to pay. Does that mean we
would have to charge them for access | 0:47:57 | 0:48:00 | |
to our market as well? I think it is
a negotiating ploy rather than a | 0:48:00 | 0:48:05 | |
reality. He brought up again and
again the Forde freedoms and Single | 0:48:05 | 0:48:08 | |
Market. Can I ask you about
something that puzzles lots of | 0:48:08 | 0:48:11 | |
people. Jeremy Corbyn said
repeatedly that you can be a member | 0:48:11 | 0:48:14 | |
of the Single Market once you have
left the EU, what is Norway? -- the | 0:48:14 | 0:48:21 | |
Forde freedoms. Norway has access to
the Single Market but it's not a | 0:48:21 | 0:48:24 | |
full member in the sense it is a
decision-making, it is a rule taker | 0:48:24 | 0:48:27 | |
rather than real mega, that's what
Jeremy means. When people say can we | 0:48:27 | 0:48:31 | |
be a member of the Single Market?
Would could be so long as we agreed | 0:48:31 | 0:48:35 | |
we would not make the rules. You can
have access to the Single Market. | 0:48:35 | 0:48:38 | |
Effectively members of the Single
Market. You will have access but not | 0:48:38 | 0:48:42 | |
be a decision maker when it comes
the rules which is important. Owen | 0:48:42 | 0:48:45 | |
Smith, one of your Shadow Cabinet
ministers, totally disagrees. He | 0:48:45 | 0:48:49 | |
says he finds these comments
slightly puzzling because it's | 0:48:49 | 0:48:52 | |
clearly possible for us to be
outside the EU and inside the Single | 0:48:52 | 0:48:55 | |
Market, as is Norway and other
countries. Is he wrong? He means | 0:48:55 | 0:49:00 | |
access to the Single Market. The
distinction fact is you will not be | 0:49:00 | 0:49:04 | |
a decision-making, you will not be a
party to make decisions. To that | 0:49:04 | 0:49:09 | |
extent it is a semantic difference
and an obvious one. It is quite | 0:49:09 | 0:49:11 | |
important because there is a
distinction between having access | 0:49:11 | 0:49:14 | |
and then being a member where you
are determined the rules of the | 0:49:14 | 0:49:18 | |
future which is significant. In the
circumstance of you being able to | 0:49:18 | 0:49:21 | |
negotiate this, would you like us to
become in effect, part of the Single | 0:49:21 | 0:49:26 | |
Market? Not rule-makers. We are
leaving the EU but really close | 0:49:26 | 0:49:30 | |
accepting the Forde freedoms and
paying in. | 0:49:30 | 0:49:35 | |
We would like the benefits of the
single market. But you have to give | 0:49:35 | 0:49:40 | |
something back. I think there is a
way in which we can negotiate around | 0:49:40 | 0:49:48 | |
that which would be acceptable to
our European partners, reform of the | 0:49:48 | 0:49:53 | |
single market so it would not be the
same single market access to a | 0:49:53 | 0:49:57 | |
single market. That would involve
meaning a certain amount of free | 0:49:57 | 0:50:01 | |
movement, paying in, and certainly
copying a lot of their directives. | 0:50:01 | 0:50:05 | |
All of this is subject to
negotiation but on freedom of | 0:50:05 | 0:50:08 | |
movement we always said we wanted
reform because we don't the | 0:50:08 | 0:50:15 | |
exploitative employment that has
forced down wages, we want | 0:50:15 | 0:50:20 | |
protections. In terms of
decision-making, of course we want | 0:50:20 | 0:50:23 | |
to be party to that but that's about
equivalence rules as well. Jeremy | 0:50:23 | 0:50:27 | |
Corbyn has said that Carillion
collapsed marks a watershed in our | 0:50:27 | 0:50:34 | |
politics and raises the PFI issue.
However, the people who | 0:50:34 | 0:50:39 | |
turbo-charged the private finance
initiative were the Labour | 0:50:39 | 0:50:43 | |
government, 75% of those contracts
were signed under Gordon Brown. It | 0:50:43 | 0:50:47 | |
started with John Major, you are
right New Labour took it up and over | 0:50:47 | 0:50:51 | |
the last seven years it has
continued on as well. One of my team | 0:50:51 | 0:50:56 | |
dugout for me some of the speeches I
made as far back as 1998 in | 0:50:56 | 0:51:01 | |
Parliament and of the articles I
wrote. I opposed private finance | 0:51:01 | 0:51:06 | |
initiative, why? I said then, it is
cheaper for us to use the state to | 0:51:06 | 0:51:12 | |
borrow funds to fund public services
rather than go to the private | 0:51:12 | 0:51:17 | |
sector, in addition to that we will
have control and ownership of the | 0:51:17 | 0:51:21 | |
asset. I think PFI was wrong and
said so from the beginning. The | 0:51:21 | 0:51:25 | |
people promoting it said this is the
only way here and now we can get the | 0:51:25 | 0:51:30 | |
new schools and new hospitals and
that innocence is fair enough, isn't | 0:51:30 | 0:51:35 | |
it? I can understand the argument
but it was wrong. It would have been | 0:51:35 | 0:51:39 | |
cheaper, let me give you an
example... Let me give you an | 0:51:39 | 0:51:43 | |
example because you had hospital in
Hillingdon and you said at the time, | 0:51:43 | 0:51:49 | |
"I am not supportive of PFI schemes
but if this is the way to secure the | 0:51:49 | 0:51:55 | |
money, fair enough". That was the
point I made time and time again in | 0:51:55 | 0:52:00 | |
debates. You are forcing people into
PFIs when they don't want one. If | 0:52:00 | 0:52:06 | |
they don't go down the PFI route the
patients will suffer. This was the | 0:52:06 | 0:52:12 | |
dilemma, you were against the PFI
principle but when you get a | 0:52:12 | 0:52:15 | |
hospital in your own constituency,
you are in favour of it. It is | 0:52:15 | 0:52:21 | |
because we were forced into it and
all the way along I said this is | 0:52:21 | 0:52:25 | |
wrong, it won't work, it will cost
more. Now you want to take those | 0:52:25 | 0:52:29 | |
contracts back home, you said to the
Conservative Party, back in-house. | 0:52:29 | 0:52:35 | |
Do you accept that involves quite a
large upfront payment? We have | 0:52:35 | 0:52:39 | |
already got the upfront payment. The
National Audit Office report this | 0:52:39 | 0:52:43 | |
week said we are now committed to
£200 billion worth of expenditure | 0:52:43 | 0:52:48 | |
over the next 20, 25 years so that
money is already there in terms of a | 0:52:48 | 0:52:54 | |
liability we have got. What I'm
saying is if we bring into public | 0:52:54 | 0:52:59 | |
ownership the special vehicles,
equity in these stakes is 10%, the | 0:52:59 | 0:53:05 | |
rest 90% is debt, what we could do
then is control then and refinance | 0:53:05 | 0:53:09 | |
in a way that would save money and
in the long run it would save money. | 0:53:09 | 0:53:13 | |
The problem you have got is some
pretty savage break clauses, penalty | 0:53:13 | 0:53:18 | |
clauses, written into these
contracts. I went on to the Treasury | 0:53:18 | 0:53:22 | |
website and they give an example of
one of these clauses, they say the | 0:53:22 | 0:53:26 | |
contract around its financiers are
fully compensated, no worse off than | 0:53:26 | 0:53:31 | |
if the contract had | 0:53:31 | 0:53:41 | |
if the contract had proceeded as
expected. Departments across | 0:53:41 | 0:53:42 | |
Whitehall are supposed to use those
contracts to do PFIs. You take | 0:53:42 | 0:53:45 | |
Transport for London, they terminate
on PFI, they save nearly £500 | 0:53:45 | 0:53:47 | |
million. There will be some
contracts with clauses, we will look | 0:53:47 | 0:53:51 | |
at those but Parliament will
determine the price we pay for the | 0:53:51 | 0:53:55 | |
special-purpose vehicle, that's the
first thing, and Parliament will | 0:53:55 | 0:53:58 | |
determine the conditions for the
future. I have warned against these | 0:53:58 | 0:54:02 | |
for over 20 years. I am just arguing
about the cost of bringing it back. | 0:54:02 | 0:54:10 | |
The advice I'm saying to people, it
will be cheaper now to bring the | 0:54:10 | 0:54:15 | |
special-purpose vehicles into public
ownership, Parliament will determine | 0:54:15 | 0:54:18 | |
the price, we can renegotiate the
terms of the debt there now and make | 0:54:18 | 0:54:23 | |
it cheaper. That's what a lot of
people do in their own lives, they | 0:54:23 | 0:54:27 | |
renegotiate their mortgage to save
money. Another conversation we have | 0:54:27 | 0:54:31 | |
had over the years is the cost of
renationalisation and you have never | 0:54:31 | 0:54:36 | |
given me a figure anywhere like it,
but now one of the admittedly right | 0:54:36 | 0:54:41 | |
of centre leaning think tanks has
kindly moved in to help. It is more | 0:54:41 | 0:54:46 | |
than right of centre, it is almost a
Department for the Conservative | 0:54:46 | 0:54:50 | |
Party. If you won't give the figures
other people will. There are lots of | 0:54:50 | 0:54:55 | |
voters who look at the sky above and
look at their taps and think why are | 0:54:55 | 0:55:01 | |
we paying £86 billion to a private
company to give us water, and they | 0:55:01 | 0:55:06 | |
would like water to be
re-nationalised but the cost would | 0:55:06 | 0:55:12 | |
be £86 billion according to the CPS.
Too high? The CPS is almost like a | 0:55:12 | 0:55:19 | |
Department for the Conservative
Satie, that report was written to | 0:55:19 | 0:55:22 | |
Amber Rudd so hardly independent.
What I'm saying is Parliament will | 0:55:22 | 0:55:27 | |
determine the price that we pay. | 0:55:27 | 0:55:34 | |
determine the price that we pay. Let
me use this analogy because people | 0:55:34 | 0:55:36 | |
need to understand the process of
it. It's almost like buying a | 0:55:36 | 0:55:40 | |
property. We go out and buy a house
in London, the average price is half | 0:55:40 | 0:55:45 | |
a million, we borrow that money from
the bank. I rent that house out, it | 0:55:45 | 0:55:51 | |
brings in rent so I have borrowed
half a million but I have an offset | 0:55:51 | 0:55:55 | |
of half a million. I rent it out,
that rent comes in, I pay the | 0:55:55 | 0:56:01 | |
mortgage, the rent will also cover
income for | 0:56:01 | 0:56:14 | |
income for myself but also it will
cover a bit of repair maybe extend | 0:56:14 | 0:56:16 | |
the property. That's what we will do
here, bring them in-house, borrow | 0:56:16 | 0:56:18 | |
the money to do that but the income
that comes from those assets will | 0:56:18 | 0:56:21 | |
cover that cost and enable us to
reduce price and invest. Socialism | 0:56:21 | 0:56:24 | |
is the language of priority, someone
once said. As Labour Chancellor you | 0:56:24 | 0:56:29 | |
have lots of call on money, lots of
things on education, welfare and the | 0:56:29 | 0:56:34 | |
NHS. Is it worth it to spend so much
money to bring the PFI contracts in | 0:56:34 | 0:56:39 | |
early? Yes, because at the moment
the NHS, our education services and | 0:56:39 | 0:56:47 | |
other services are being drained by
the exploitation of this. Look at | 0:56:47 | 0:56:53 | |
the National Audit Office report, it
gives one example of schools, 40% | 0:56:53 | 0:56:57 | |
above the cost than if we have
borrowed as a state. One hospital | 0:56:57 | 0:57:03 | |
70% above costs. Some of our local
health authorities are paying out | 0:57:03 | 0:57:07 | |
20% of their income. There is one
other thing I must ask about this | 0:57:07 | 0:57:13 | |
week. Andrea Leadsom, the Leader of
the House of Commons, made a strong | 0:57:13 | 0:57:17 | |
personal attack on nukes, about
comments you have made about Esther | 0:57:17 | 0:57:20 | |
McVey. "This Is truly evil,
disgusting. Seriously, is this | 0:57:20 | 0:57:28 | |
Jeremy Corbyn's kind of gender
politics? This has to stop" | 0:57:28 | 0:57:34 | |
Jeremy Corbyn's kind of gender
politics? This has to stop". I am | 0:57:34 | 0:57:37 | |
surprised that Andrea, I like her,
she's a good woman. The problem is | 0:57:37 | 0:57:42 | |
the audio has become available of
that meeting. You were quoting | 0:57:42 | 0:57:47 | |
someone else, but somehow quoting
them approvingly. Of course I | 0:57:47 | 0:57:51 | |
wasn't. It was a stand-up thing and
I was saying this is how rough | 0:57:51 | 0:57:59 | |
politics is up there. Remember, a
couple of weeks later in Parliament | 0:57:59 | 0:58:02 | |
I got up and made a statement and
said of course I don't agree with | 0:58:02 | 0:58:06 | |
that, I don't wish harm to anybody
and refuted it completely. We can | 0:58:06 | 0:58:13 | |
play the audio, would you like me to
play the audio? You don't need to, I | 0:58:13 | 0:58:18 | |
know exactly what was on it. That
was recorded by The Mail, it did | 0:58:18 | 0:58:24 | |
nothing until Ed Miliband was
getting up to make a major speech, | 0:58:24 | 0:58:28 | |
then they ran the story to spike his
speech, it was a political | 0:58:28 | 0:58:32 | |
manoeuvre. There was laughter in the
background. I was saying look how | 0:58:32 | 0:58:40 | |
rough politics is up there, it's
ridiculous. When people | 0:58:40 | 0:58:44 | |
misinterpreted it, I got up and said
of course I don't support this and I | 0:58:44 | 0:58:49 | |
wish harm nobody. You completely
disagree with Esther McVey's | 0:58:49 | 0:58:54 | |
politics but can you now apologise
to her, if she was upset as she | 0:58:54 | 0:58:58 | |
would have been by this? I said then
I didn't support what was happening, | 0:58:58 | 0:59:02 | |
of course I didn't and it was for
those people who make that statement | 0:59:02 | 0:59:07 | |
if they wish to make that apology. I
made a statement in saying of course | 0:59:07 | 0:59:15 | |
I don't support this, I wish harm to
nobody but what I do want people to | 0:59:15 | 0:59:18 | |
think about is the policies the
Government was pursuing against | 0:59:18 | 0:59:21 | |
disabled people who suffered so much
as a result of those policies. Thank | 0:59:21 | 0:59:27 | |
you for talking to us. Coming up
after this programme... | 0:59:27 | 0:59:35 | |
Join us at ten from Cambridge where
we will be debating President | 0:59:35 | 0:59:40 | |
Trump's first year. And here we will
be asking if inequality functions as | 0:59:40 | 0:59:46 | |
an insensitive. Is the urge to
better your neighbour quality and | 0:59:46 | 0:59:53 | |
not a sin? | 0:59:53 | 0:59:55 | |
That's all for this Sunday. | 0:59:55 | 0:59:56 | |
Thanks to all my guests. | 0:59:56 | 0:59:58 | |
Lots more next week, join me then. | 0:59:58 | 1:00:05 |