
Browse content similar to 11/12/2011. Check below for episodes and series from the same categories and more!
| Line | From | To | |
|---|---|---|---|
Discarded food that could bring their dropping prices in the south- | :01:08. | :01:14. | |
east. Why bankers may benefit from tax decisions at the cost of poorer | :01:14. | :01:24. | |
| :01:24. | :01:24. | ||
Apology for the loss of subtitles for 1812 seconds | :01:24. | :31:36. | |
Coming up in the next 20 minutes: the ugly foods that could slash | :31:36. | :31:40. | |
supermarket prices. The supermarkets have these | :31:40. | :31:44. | |
standards that go beyond what is required by law. | :31:44. | :31:48. | |
Sue bankers be forced to pay tax on their bonuses -- should bankers. | :31:48. | :31:52. | |
How job losses at a Kent business forced the Prime Minister into | :31:52. | :31:59. | |
action. As rising food prices put a strain on the family budgets are | :31:59. | :32:02. | |
supermarkets are doing all they can to keep prices down. Consumer | :32:02. | :32:07. | |
groups say a lot of produce is wasted, and prices are higher | :32:07. | :32:11. | |
because bigger retailers will not buy perfectly edible but slightly | :32:11. | :32:20. | |
damaged or unusually shaped fruit and vegetables. These are not just | :32:20. | :32:24. | |
fruit and vegetables, these are misshapen, ugly fruit and | :32:24. | :32:30. | |
vegetables. Less than perfect wonky produce that you will not be that | :32:30. | :32:34. | |
used to seeing, other than in funny photo competitions and the reason | :32:34. | :32:37. | |
you will not be familiar with them is that supermarkets don't like to | :32:37. | :32:40. | |
sell in perfect fruit and vegetables but if they did local | :32:40. | :32:43. | |
farmers say they wouldn't have to throw our weight anywhere near as | :32:43. | :32:53. | |
| :32:53. | :32:54. | ||
much of their produce. -- any when their -- throw away anywhere near. | :32:54. | :32:59. | |
We had to decide because of the fickleness, and reliability, to | :32:59. | :33:08. | |
reject a lot of waste which often was for come -- cosmetic problems | :33:08. | :33:17. | |
and in some cases it could be above 50% waste. Here I have three | :33:17. | :33:22. | |
organic cabbages. Let's put them on the scales, see whether they would | :33:22. | :33:32. | |
| :33:32. | :33:33. | ||
meet the supermarket criteria. That one would be to light. That one | :33:33. | :33:39. | |
fulfils the criteria. And would make it onto the shelves. This one | :33:39. | :33:46. | |
is too heavy. Three cabbages that look pretty similar. Only one of | :33:47. | :33:51. | |
those would be taken by the supermarket. That is right. A large | :33:51. | :33:55. | |
proportion of the country's fruit and vegetables is grown in the | :33:55. | :33:58. | |
south-east. A 10th of the UK's farms are here and three-quarters | :33:58. | :34:01. | |
of the land is agricultural. If these farmers were not wasting so | :34:01. | :34:05. | |
much of their produce it could even prevent food prices from continuing | :34:05. | :34:11. | |
to rise. Supermarkets do not tend to stock ugly produce a per would | :34:11. | :34:17. | |
consumers buy it if given the chance? I have got two carrots, and | :34:17. | :34:23. | |
two pairs, one is the correct shape one is ugly, but they taste the | :34:23. | :34:27. | |
same. Which of these would you be most likely to buy? That one. | :34:27. | :34:32. | |
the other one was cheaper, would you be interested? I might be, it | :34:32. | :34:36. | |
just looks funny. Sometimes you judge things by their shape when it | :34:36. | :34:40. | |
is not important. A if we were 0 E -- more used is in the abnormal | :34:40. | :34:45. | |
pair would we buy it? Yes, if there is not -- more information to know | :34:45. | :34:49. | |
there was nothing wrong, of course I would buy it. I have never seen a | :34:49. | :34:53. | |
purple carrot. Apparently it tastes just the same. If it was cheaper | :34:53. | :34:58. | |
would you be tempted by it? I would give it a try. Is there a market | :34:58. | :35:03. | |
for it? There might be. Especially in today's economic climate. What | :35:03. | :35:07. | |
can be done to get a produce into the shops so farmers don't have to | :35:07. | :35:13. | |
throw it away? Until 2009 there were strict European Union rules. | :35:13. | :35:17. | |
They even specified what curve a cucumber should have. That ban was | :35:17. | :35:21. | |
relaxed and at the time it was thought we would start to see him | :35:21. | :35:24. | |
have it produced in our shops but with a couple of recent exceptions | :35:24. | :35:29. | |
that has not been the case. things stand up the private | :35:29. | :35:33. | |
standards of the supermarkets are far stricter than the European | :35:33. | :35:39. | |
Union laws ever were, so even it is legally allowed to sell, at the | :35:39. | :35:41. | |
moment we are not seeing them being sold because the supermarkets have | :35:41. | :35:46. | |
the standards that go of way be and what is required by law. Some | :35:46. | :35:50. | |
supermarkets have begun to act. He at Waitrose they have started | :35:50. | :35:54. | |
selling a range of weather blemished apples, damaged by the | :35:54. | :35:57. | |
frost earlier this year. They are selling them for a cheaper than | :35:57. | :36:01. | |
their other apples. There are not many supermarkets who are happy to | :36:01. | :36:11. | |
| :36:11. | :36:15. | ||
sell these imperfect foots. -- foods. When supermarket policies | :36:15. | :36:18. | |
caused surprise to waste food instead of the supplier bearing the | :36:18. | :36:23. | |
entire cost of that, that should be at least shared so that that they | :36:23. | :36:26. | |
increase the incentive on the part of the supermarkets to reduce waste | :36:26. | :36:31. | |
wherever possible. What we have at the moment is what the competition | :36:31. | :36:33. | |
commission, when they investigated the supermarkets, called a moral | :36:33. | :36:37. | |
hazard, the people causing the waste do not bear the cost of it | :36:37. | :36:44. | |
and don't have the incentive. two-and-half years after the | :36:44. | :36:47. | |
European Union will change but we are not really seeing any more and | :36:47. | :36:51. | |
ever produced no shops. -- the rule change. To the supermarkets need to | :36:52. | :36:58. | |
straighten out the rules and start selling wonky vegetables? | :36:58. | :37:01. | |
Extraordinary parsnip. Joining me it is Richard Dodd from the British | :37:01. | :37:05. | |
Retail Consortium. It is two years now since the regulations were | :37:05. | :37:11. | |
relaxed, surely the rejection of so much perfectly edible food is not | :37:11. | :37:17. | |
in the consumer's interest? There were a whole bunch of myths | :37:17. | :37:24. | |
included in those claims. The first thing to note is that the farms and | :37:24. | :37:34. | |
| :37:34. | :37:35. | ||
retailers are not by any means the biggest source of food waste. | :37:35. | :37:39. | |
want to talk about the food you're not put it on the shelves and we | :37:39. | :37:42. | |
would to know why you will not put it on the shelves as elegy? You | :37:43. | :37:49. | |
heard the lady, she would buy it. The second point is supermarkets | :37:49. | :37:58. | |
are by no means the only retailer, catering, food manufacturing are | :37:58. | :38:02. | |
the other customers. If the supermarket doesn't buy a project | :38:02. | :38:05. | |
it has to be thrown away, that is rubbish, there are other markets | :38:05. | :38:09. | |
for that material. This whole notion I have been hearing that | :38:09. | :38:13. | |
supermarkets are not stocking what used to be called Class 2 fruit and | :38:13. | :38:17. | |
vegetables is rubbish. Going any supermarket tomorrow, or today, and | :38:17. | :38:23. | |
have a look at what constitutes value ranges, what is on offer. | :38:23. | :38:31. | |
Less than the premium product. acknowledge that. Are you | :38:31. | :38:36. | |
discounted will go to the question, why don't you put more of it, all | :38:36. | :38:45. | |
of it, why do reject any edible food? There is a mass of this kind | :38:45. | :38:48. | |
of project -- product available add value prizes across a whole range | :38:49. | :38:53. | |
of different retailers and to say anything else is wrong. Ultimately | :38:53. | :38:57. | |
you have to be governed by what customers are prepared to buy. | :38:57. | :39:02. | |
There is no point in supermarkets buying loads of these kind of | :39:02. | :39:05. | |
things for farmers, putting them out and finding people will not buy | :39:05. | :39:10. | |
them. A larger contradicting yourself, you're saying you are but | :39:10. | :39:14. | |
a little out there and they knew I say you're not put in that there -- | :39:14. | :39:17. | |
at there because we wouldn't buy it. You can only put out as much as | :39:17. | :39:21. | |
people are prepared to buy. And people will have seen advertising | :39:21. | :39:25. | |
and promotions around all of this on the television, and elsewhere, | :39:25. | :39:30. | |
supermarkets are working to educate customers to encourage them to buy | :39:30. | :39:32. | |
this sort of produce. They certainly are doing. There is no | :39:32. | :39:36. | |
point in putting it more than will be bought. You will end up throwing | :39:36. | :39:44. | |
that away at the back of the store. Haven't you created and large troop | :39:45. | :39:49. | |
perpetuating consumer expectation, you are the ones that could change | :39:49. | :39:51. | |
it, why did you take responsibility? That is what is | :39:51. | :39:55. | |
happening. That is the precise point are making, you will find | :39:55. | :39:58. | |
lots of this proud Jews available, the prices are lower for it, | :39:58. | :40:02. | |
especially marked up as being suitable for cooking, because it is | :40:02. | :40:09. | |
not necessarily the best looking but still perfectly nutritious, and | :40:09. | :40:13. | |
customers are mordant wit in these times were value matters more than | :40:13. | :40:20. | |
it ever has done before. He took about great two feet. Was about 3, | :40:20. | :40:26. | |
4, 5, what about getting it every one a real choice of the most weird | :40:27. | :40:31. | |
and wonderful and damaged that is still nutritious? Customers have | :40:31. | :40:35. | |
their own preferences about what they are prepared to buy a, there's | :40:35. | :40:39. | |
no point putting stuff in stores people are not going to bite, but | :40:39. | :40:43. | |
that doesn't mean it will go to waste on the farm. That is entirely | :40:43. | :40:46. | |
wrong. A lot of the stuff that doesn't look good enough for | :40:46. | :40:50. | |
customers to want to buy it in the store will end up for example in | :40:50. | :40:55. | |
soups, pies, restaurants, schools, hospitals, part of the meals they | :40:55. | :41:03. | |
sell, supermarkets are not the only customer for farmers produce. | :41:03. | :41:07. | |
Pedigree much for joining us. With the government set to borrow | :41:07. | :41:09. | |
billions this year and for many years to come the Chancellor's | :41:09. | :41:13. | |
Autumn Statement included cuts to try out tax credits and a | :41:13. | :41:16. | |
continuing pay squeeze in the public sector to help reduce | :41:16. | :41:20. | |
borrowing. Some government critics have called for a tax on bank is | :41:20. | :41:24. | |
bonuses as an alternative source of much needed revenue. Would a new | :41:24. | :41:29. | |
bonus tax damage and industry that employs 800,000 people here in the | :41:29. | :41:33. | |
south-east? Here with me in the studio are Mark Croft, the chief | :41:33. | :41:37. | |
executive as Sussex Enterprise and Stuart Jeffrey, chair of the Kent | :41:37. | :41:41. | |
Green Party. Why are you uncomfortable with back bonuses, it | :41:41. | :41:47. | |
is just a commercial organisation rewarding its staff? For three key | :41:47. | :41:50. | |
reasons, inequalities in this country are rising, they have | :41:50. | :41:54. | |
written of the last 10 years, some of the highest in Europe. Paying | :41:54. | :41:58. | |
the richest 1% even more money simply pushes those inequalities | :41:58. | :42:05. | |
further and they are bad for society. Secondly, the banking | :42:05. | :42:10. | |
crisis, the budget crisis, wasn't caused by overspending, a collapse | :42:10. | :42:16. | |
in tax revenues, but we need to close that loop and there is �100 | :42:16. | :42:21. | |
billion worth of tax avoidance by the rich corporations. That needs | :42:21. | :42:25. | |
to be addressed. Clearly we need to bring in more tax to ensure the | :42:25. | :42:29. | |
government coffers can avoid the public services. We mustn't forget | :42:29. | :42:34. | |
it was those greedy bankers, gambling recklessly with our | :42:34. | :42:39. | |
economy, that has caused this. went to punish them, say you have | :42:39. | :42:44. | |
got to share some of the pain and you will share it by a taxing our | :42:44. | :42:51. | |
bonuses. They need to share in repaying the debt. Isn't that a | :42:51. | :42:55. | |
strange way to run a tax system, in a public policy, based on | :42:55. | :43:02. | |
punishment. It is a case of insuring the rich people pay their | :43:02. | :43:11. | |
way in society. The poor cannot pay, they cannot bear this out. The rate | :43:11. | :43:15. | |
haven't the money. -- they cannot bail us out. Does the banking | :43:15. | :43:20. | |
sector recognise it needs to be seen to be punished in some way? | :43:20. | :43:24. | |
think this concept of punishment is a bit daft. People that earned a | :43:24. | :43:27. | |
lot of money already paid more tax as a percentage of their income | :43:27. | :43:31. | |
than the average. What is wrong with that. The second thing is, yes, | :43:31. | :43:37. | |
the banking system got it wrong for five years ago, let's find out, let | :43:37. | :43:42. | |
hideaway of making it work to stimulate the business community | :43:42. | :43:46. | |
because it is those businesses that generate the wealth, the jobs, that | :43:46. | :43:53. | |
pay the tax, that pay for our public sector. A banking bonus | :43:53. | :43:57. | |
targeted at individuals is probably not going to achieve very much, | :43:57. | :44:01. | |
Alastair Darling... Last time they introduced it for a year under | :44:01. | :44:06. | |
Labour, 2.3 billion. That is the equivalent of the entire budget for | :44:06. | :44:12. | |
Kent County Council. That is not a paltry sum of money. Why introduce | :44:12. | :44:16. | |
it aimed at individuals, were not aimed it at the banks themselves. | :44:16. | :44:22. | |
We have got the bag levy. Where, have both? -- Bank levy. You'll go | :44:22. | :44:27. | |
to raise money, but why not raise it across the board, widest pick on | :44:27. | :44:32. | |
bankers? We had just been talking about the supermarket sector, chief | :44:32. | :44:36. | |
executives earn whopping salaries and great bonuses, while we just | :44:36. | :44:40. | |
talking about bank bonuses, where do we have a Taxol bonuses? Mark | :44:40. | :44:50. | |
| :44:50. | :44:54. | ||
made the points that the rich get pay proportionally less, on income | :44:54. | :45:00. | |
tax, possibly,... We're talking about their salaries and bonuses. | :45:00. | :45:06. | |
We are talking about total wealth. The rich must be made to pay more | :45:06. | :45:10. | |
tax, and yes, let's whiteness across wider sectors, no problem. | :45:10. | :45:18. | |
The Green Party doesn't want to see bonuses paid that arrow in excess | :45:18. | :45:24. | |
of any one worker's salary. No more bonus than save �15,000, 20 Gaza- | :45:24. | :45:30. | |
bound, should be paid. The X this money should go back. -- excess | :45:30. | :45:34. | |
money. What has been made of the fact top bankers might leave the | :45:34. | :45:39. | |
country if they were only given �15,000 bonus, would that happen, | :45:40. | :45:43. | |
is there any evidence to suggest if we do this people in the south-east | :45:43. | :45:49. | |
will move to the forest? If we did was to it was suggested, yes, there | :45:49. | :45:56. | |
would happen and very fast indeed. -- what he was suggesting. They | :45:56. | :45:59. | |
wouldn't have to go very far to learnt that some are else. If we | :45:59. | :46:04. | |
are talking about the current tax proposal on the table, we believe? | :46:04. | :46:08. | |
Probably not in the short term, because most of them were born and | :46:08. | :46:12. | |
brought up here, they don't want to move abroad. The reason why this | :46:12. | :46:17. | |
was brought in under Labour was because what they wanted to do was | :46:17. | :46:21. | |
get the banks to lend more to small and medium-size enterprises. | :46:21. | :46:25. | |
Alastair Darling said it had no impact on that at all. It is a tax | :46:25. | :46:30. | |
that has no point other than raising 2.3 billion. And punishing | :46:30. | :46:36. | |
people. What about the Government's ongoing role? They could limit | :46:36. | :46:40. | |
bonuses, particularly at the state- backed banks and they have talked | :46:40. | :46:47. | |
about it. They could, they couldn't do it at the other banks unless | :46:47. | :46:52. | |
they brought in primary legislation. Why would we limit the bonus | :46:52. | :46:55. | |
structure in our largest companies? Why would you just pick on banks? | :46:55. | :47:02. | |
My personal view is I don't think you should be targeting the richest | :47:02. | :47:06. | |
people in society by adding even more on because they do well. It is | :47:06. | :47:11. | |
those people that are creating the strategies that Orrell companies | :47:11. | :47:17. | |
like Tesco, Sainsbury's, to make money and deploy it hundreds of | :47:17. | :47:24. | |
thousands of people. -- and employee. We have got to generate | :47:24. | :47:32. | |
jobs to do this out of this hole. - - to be ourselves. When the | :47:32. | :47:35. | |
pharmaceutical giant Pfizer announced it was pulling out of | :47:35. | :47:38. | |
Kent with a potential loss of thousands of jobs alarm bells went | :47:38. | :47:42. | |
off in government. Science, especially the batik and dress- | :47:42. | :47:50. | |
sense industry is seen as crucial to future economic success. -- | :47:50. | :48:00. | |
| :48:00. | :48:00. | ||
bioscience. How much of that money will come to the south-east? | :48:00. | :48:05. | |
Explain to us the connection between this new money and Pfizer, | :48:05. | :48:09. | |
is it because that is exactly where the money is there, because of what | :48:09. | :48:16. | |
happened to Pfizer? The best way of putting it is the local crisis with | :48:16. | :48:21. | |
Pfizer's withdrawal drew big government attention to a national | :48:21. | :48:27. | |
problem. It is a national problem. Essentially, the bioscience and | :48:27. | :48:30. | |
pharmaceutical industry employ thousands of people, with �50 | :48:30. | :48:34. | |
billion to the UK economy. In the last 10 years it has been in | :48:34. | :48:38. | |
serious decline. We used to about 6% of all clinical trials in the | :48:38. | :48:45. | |
world in the UK. In 2010 we and 81.4%. If this is one of the growth | :48:45. | :48:49. | |
areas of the British economy, �180 million he is a laughably small | :48:49. | :48:53. | |
amount, isn't it? In the terms of the pharmaceutical industry it is a | :48:54. | :48:58. | |
drop in the ocean. It cost the big pharmaceutical company to bring one | :48:58. | :49:02. | |
drug to do clinical trials and bring it to market. This is | :49:02. | :49:05. | |
attempting to leave it a lot of investment with what is a very | :49:05. | :49:14. | |
small sum of money. -- leverage. Could get an idea from the | :49:14. | :49:17. | |
conception stage to the markets did. That is one of the things that | :49:17. | :49:22. | |
government had to be. But it isn't for Kent, it is for the whole | :49:22. | :49:28. | |
country. A for the whole country, the entire industry, and the start- | :49:28. | :49:32. | |
up companies throughout the UK and there are plenty of other places in | :49:32. | :49:35. | |
the UK where they will be start-up companies, universities, competing | :49:35. | :49:42. | |
to get some of that. In Kent who are we competing with, where my the | :49:42. | :49:46. | |
money and industry go. The industry has been going to India and China. | :49:46. | :49:50. | |
In the UK there are other competitive areas, for example the | :49:50. | :49:54. | |
Cambridge Science Park, and one in Scotland outside Dundee. They will | :49:54. | :49:59. | |
want to compete hard for this cash. How does Kent make itself look like | :50:00. | :50:03. | |
the right place for a growing industry, what can they do? It is | :50:04. | :50:07. | |
very difficult. We have to acknowledge that if Pfizer were | :50:07. | :50:12. | |
looking to locate in the UK today as it did 50 years ago he probably | :50:12. | :50:16. | |
wouldn't come to sandwich, it isn't perfectly connected to markets, it | :50:16. | :50:20. | |
is not perfectly connected to major hubs of population. It is close to | :50:20. | :50:23. | |
good research university, the University of Kent, and that helps | :50:23. | :50:27. | |
a great deal, but it will have to fight for every penny. It isn't the | :50:27. | :50:32. | |
natural location. What is the natural location? Unless the | :50:32. | :50:36. | |
government strategy and his liberalisation of links to NHS data | :50:36. | :50:40. | |
to help drug companies rarely works, these jobs are going to India, | :50:40. | :50:45. | |
China, to less intensely regulated areas where specialist expertise is | :50:45. | :50:50. | |
cheaper to employ. Was all about hysteria? There was hysteria about | :50:50. | :50:56. | |
access to our medical records, was that foolish? The notion the | :50:56. | :51:00. | |
government has is it can open up NHS databases to research companies, | :51:00. | :51:05. | |
drug companies, is a very good idea. Of course it is controversial | :51:05. | :51:09. | |
because we have to make certain the data is anonymous. They can help it | :51:09. | :51:13. | |
isn't the whole solution. This is a real battle and the world is not | :51:13. | :51:18. |