20/03/2014 This Week


20/03/2014

Similar Content

Browse content similar to 20/03/2014. Check below for episodes and series from the same categories and more!

Transcript


LineFromTo

As Education Secretary Michael Gove compares himself to Sherlock's

:00:12.:00:15.

right-hand man, Dr Watson, This Week takes you on a 21st Century

:00:16.:00:18.

Westminster adventure. Has Chancellor George Osborne used all

:00:19.:00:21.

his elementary skills to woo the so-called "grey vote"? Our very own

:00:22.:00:23.

political detective, Kevin Maguire, is on the case. This week's Budget

:00:24.:00:31.

was go grey, but was Boy George being a bit too clever? There's

:00:32.:00:36.

nothing very mysterious about President Putin's tactics in the

:00:37.:00:39.

Ukraine. But just how tough should the West get with Russia? Economist

:00:40.:00:42.

and business journalist Liam Halligan thinks we have to be

:00:43.:00:46.

careful painting Putin as a villain. There are two sides to every story,

:00:47.:00:52.

as we sleuths know and this case of Russia verses the West demands your

:00:53.:01:00.

attention. And not a fictional adventure, but one of the world's

:01:01.:01:03.

greatest living explorers, Ranulph Fiennes, joins us to talk adventure

:01:04.:01:09.

and politics. I have get efrs but can I deal with the This Week

:01:10.:01:17.

studio? Is Michael, will you be my Dr Watson? Evening all. Welcome to

:01:18.:01:26.

This Week, a week when Ed Miliband showed it was perfectly possible to

:01:27.:01:29.

respond to a Budget speech without mentioning a single measure in said

:01:30.:01:32.

Budget. And the Tories showed they've not quite got the hang of

:01:33.:01:36.

their new manifestation as the self-styled Workers Party. Yes, the

:01:37.:01:39.

Labour leader decided not to bother thinking on his feet. He just cut

:01:40.:01:42.

and pasted the most well-worn lines from his previous speeches and

:01:43.:01:45.

trotted them out again for our delectation. The Tories guffawed and

:01:46.:01:52.

heckled. But they wouldn't have been in such high spirits if they'd known

:01:53.:01:55.

what was happening over at CCO ,"Condescending Central Office",

:01:56.:01:58.

where Party Chairman Grant Shapps thought he was burnishing his

:01:59.:02:00.

proletarian credentials by unveiling a digital poster which claimed the

:02:01.:02:03.

Chancellor's cuts in Bingo Tax and Beer Duty were meant "to help

:02:04.:02:07.

hard-working people do more of the things they enjoy" - thereby

:02:08.:02:10.

sounding about as out of touch as the last time David Cameron walked

:02:11.:02:13.

into his local food bank in Oxfordshire and asked for some

:02:14.:02:16.

tinned swan and three ounces of Beluga caviar. Clearly, for the new

:02:17.:02:26.

Workers Party, the workers are still another country. Mind you, the

:02:27.:02:30.

Tories have previous on this. Harold Macmillan's famous phrase was,

:02:31.:02:33.

"You've never had it so good." Not we. You. Speaking of those who know

:02:34.:02:41.

nothing of how the other half live, I'm joined on the sofa tonight by

:02:42.:02:44.

two cut-price bargain basements who are inexplicably popular. Think of

:02:45.:02:48.

them as the Aldi and Lidl of late night political chat. I speak, of

:02:49.:02:53.

course, of #sadmanonatrain, Michael Portillo, and #badabbotttobreak,

:02:54.:03:03.

Diane Abbott. My moment of the week? I was very intrigued by the

:03:04.:03:07.

revelation that the United States is now able to record every single

:03:08.:03:11.

telephone call made in a particular foreign country. We don't know which

:03:12.:03:15.

foreign country that was. I reflected that with all that

:03:16.:03:18.

information that it is hoovering up, it was unable re foresee what was

:03:19.:03:24.

going to happen in Ukraine and Crimea, after we had more or less

:03:25.:03:28.

pushed the situation into a coup where the President resigned. And

:03:29.:03:32.

now that I think about it, we didn't foresee the Syrian civil war. And

:03:33.:03:37.

now that I think about it, we didn't foresee the revolution in Egypt or

:03:38.:03:42.

the counterrevolution. They didn't foresee a Mr Snowden departing with

:03:43.:03:46.

all the information. Another example. It makes me think the

:03:47.:03:51.

resemblance is similar to the old Soviet Union where little men with

:03:52.:03:54.

headphones listened to every conversation in every hotel bedroom

:03:55.:03:58.

and every telephone call and amassed so much information it was

:03:59.:04:01.

impossible to analyse. That can be the only conclusion. Diane? This

:04:02.:04:05.

morning the House of Commons had tributes to Tony Benn. We had great

:04:06.:04:11.

speeches. Peter tap Sal, Tory, gave a great speech and Hilary Benn,

:04:12.:04:17.

Tony's son gave the best speech I have ever heard him give. But the

:04:18.:04:25.

most amazing was Denis Skinner. A typical Skinner speech with the

:04:26.:04:29.

northern entertainer jokes but underlying was the reality was what

:04:30.:04:34.

he was trying to tell the House what he had loved Tony Benn. It was

:04:35.:04:41.

moving for that reason. # How long does it take to redraw the borders

:04:42.:04:45.

of a country? Three weeks if you're President Putin. Yes, he added

:04:46.:04:48.

Crimea to his Russian Empire in just 21 days, from start to finish. Alex

:04:49.:04:51.

Salmond must be blue-green with envy. But has the British reporting

:04:52.:04:55.

of events in Crimea been too one-sided? Even unfairly

:04:56.:04:57.

anti-Russian? As Barack Obama announces further sanctions today,

:04:58.:04:59.

is the West's approach working, or will it backfire? We turned to

:05:00.:05:03.

Telegraph financial journalist Liam Halligan, who has lived and worked

:05:04.:05:07.

extensively in Russia. This is his take of the week.

:05:08.:05:21.

This Crimea crisis has shown Western diplomacy to be firmly stuck in the

:05:22.:05:35.

20th Century. Talk of a new Cold War is deeply alarmist. And staggeringly

:05:36.:05:42.

outda.d Western politicians have demeaned themselves, posturing

:05:43.:05:47.

before each other and domestic elect traits. We have made threats to

:05:48.:05:52.

Russia we can't keep, completely mis-playing our hand. Now limited

:05:53.:06:00.

sanctions are already in place but our leaders want more, yet any

:06:01.:06:07.

further action will be deeply counter-productive Russia is the

:06:08.:06:12.

EU's third largest trading partner and Germany's biggest overall and

:06:13.:06:21.

war Cold War argy bargy and Crimean default could bring havoc to global

:06:22.:06:27.

markets. Now Western media reports invariably Dirks ss Russia. We are

:06:28.:06:33.

right, they are wrong. -- diss. When it comes to reporting rushia, a

:06:34.:06:37.

pretence of balance comes out of the window as we console ourselves that

:06:38.:06:42.

the Western world has the moral high ground and Vladimir Putin is nothing

:06:43.:06:50.

more but a power hungry despot who wants to kill us in our beds. Of

:06:51.:07:02.

course Russians in Crimea want closer ties with Moscow and of

:07:03.:07:07.

course many Russian speakers across Ukraine were alarmed at the ousting

:07:08.:07:16.

of a democratic elect elected President by thugs backed by the

:07:17.:07:23.

West. Did they cross the bored and invade Ukraine? Maybe or maybe not.

:07:24.:07:28.

I have yet to see clear invasion footage. This Crimea crisis has set

:07:29.:07:34.

back East/West relations and upended the broader diplomatic landscape.

:07:35.:07:39.

The US and EU are split. Germany's reemmerged as a major diplomatic

:07:40.:07:44.

player and Russia and China have moved closer together. We British in

:07:45.:07:49.

my view have been skril, dis disingenuous and shown a lack of

:07:50.:07:53.

understanding. The Cold War is over, guys, the Soviet June is no more.

:07:54.:08:00.

There is a new world order and Russia has a major role to play.

:08:01.:08:16.

And from the Marie Vann restaurant, Russia's biggest suburb, we are

:08:17.:08:29.

joined by Liam Halligan. Why do you have such a pro-rf Russian view?

:08:30.:08:35.

This guy is spectacularly popular in his own country with hay approval

:08:36.:08:39.

ratings. As far as Russians are concerned, the majority of them, he

:08:40.:08:44.

has turned the economy around and restored their national pride, taken

:08:45.:08:48.

on the oligarchs and taxed the oil and gas companies and given them

:08:49.:08:53.

back some self-respect. He is also rather nasty and authoritarian,

:08:54.:08:58.

isn't he? He controls the media. He runs a regime which discriminates

:08:59.:09:01.

against homosexuals and there is very little freedom there. I don't

:09:02.:09:05.

know how much time you have spent there in the last 20 years. I have

:09:06.:09:09.

been going there regularly. Hep doesn't control the media? I spent

:09:10.:09:14.

time living there. I went there in the early '90s. This was the more

:09:15.:09:19.

authoritarian society in the world within my lifetime, 25 years ago. If

:09:20.:09:24.

you compare it to what it was then to now, the progress is enormous.

:09:25.:09:30.

There is no major media outlet in the country, all of which is spewing

:09:31.:09:36.

out Ukrainian propaganda, that he doesn't control. That's not true.

:09:37.:09:39.

There are independent newspapers and television channels. He closed down

:09:40.:09:45.

the last two and put his people into them You can walk along the banks of

:09:46.:09:49.

the river and stand on a soapbox and say what you like. Of course it is

:09:50.:09:53.

not as purelistic as many Western countries but 25 years ago it was a

:09:54.:09:58.

totalitarian dictator sh. What sted direction of travel? The direction

:09:59.:10:03.

of travel is almost entirely to the good. Is there any doubt in your

:10:04.:10:08.

mind that he effectively annexed Crimea? There are two sides to the

:10:09.:10:13.

story. On the one hand, if Crimea will become part of Russia and it is

:10:14.:10:19.

not finalised that will happen, that thereby a transgression of

:10:20.:10:23.

international law. Noerned in the UN charter there is the right to

:10:24.:10:27.

self-determine nailing which the Crimean people have expressed. The

:10:28.:10:31.

Russians would say the current Ukrainian Government is illegitimate

:10:32.:10:36.

and almost any objective commentator would agree. Viktor Yanukovych

:10:37.:10:44.

wasn't popular. Well he was a cleptocrat. But you know, a report

:10:45.:10:50.

said of his election that it was fair "it was pluralistic, it was a

:10:51.:10:56.

good example of democracy." We have now backed a situation where the

:10:57.:11:00.

Ukrainian people weren't allowed to un-elect that guy. That's the irony.

:11:01.:11:04.

Next year they would have un-elected him. We stopped that happening. We

:11:05.:11:09.

stopped that happening. Are you proud of that Westerner? A democrat,

:11:10.:11:16.

somebody who is interested in plurality. I don't think my pride is

:11:17.:11:21.

at issue. You are defending a situation where we removed a

:11:22.:11:25.

democratically elected politician. The Ukrainian people did T With

:11:26.:11:29.

Western endorsement and Western backing and Western leaders standing

:11:30.:11:34.

with mega phones in central Kiev, screaming the odds. Are you in any

:11:35.:11:37.

doubt that once he did become leader, he filled his boots, with

:11:38.:11:45.

Russian support, that he is a cleptocrat? Correct? Russia,

:11:46.:11:50.

Ukraine, many parts - many emerging markets and parts of the developing

:11:51.:11:54.

world there are grubby fussings of money and politics. We are fwha sent

:11:55.:11:59.

capitalist societies like we were at the end of the 19th century. But

:12:00.:12:04.

these guys are trying to adopt democracy. These things take time.

:12:05.:12:10.

But are we right to up-end the path of Ukrainian democracy by

:12:11.:12:15.

effectively intervening to stop a politician who had become unpopular

:12:16.:12:19.

from being democratically un-elected, as he was democratically

:12:20.:12:25.

elected? I have major concerns as a British person that we are involved

:12:26.:12:28.

in a situation that stopped that natural progression of Ukrainian

:12:29.:12:33.

democracy from happening. I think the extent of our involvement is

:12:34.:12:36.

highly limited. But let me come to you, Liam finished his piece by

:12:37.:12:41.

saying Russia is a formidable power and the West cannot afford not to

:12:42.:12:46.

respect it. It is a player on the international stage. Two weeks ago

:12:47.:12:49.

you said as a country it was breaking up and going down the pan.

:12:50.:12:54.

I don't know if those were my exact words but it was the direction of

:12:55.:12:58.

travel. I agree with a great deal of what Liam said. He Saud the Russian

:12:59.:13:03.

people expect him for restoring the Russian economy. I think it is

:13:04.:13:07.

illusionary. It is dependent on oil, a variable price economy. The rouble

:13:08.:13:12.

has sunk very badly during this crisis. I think the Russian economy

:13:13.:13:16.

is delicate. I think the state of the peoples of the Russian

:13:17.:13:19.

Federation is delicate. I think they face a major Islamist and terrorist

:13:20.:13:23.

threat. I think they are desperate it maintain the balance of Slavs and

:13:24.:13:29.

Muslims within the Russian Federation. So I say all of those

:13:30.:13:38.

things. Let me get Liam to reply. He is busting to get N on you go. I

:13:39.:13:43.

have spent most of my adult life studying the Russian economy from

:13:44.:13:49.

literally the early '90s onward. In 2003, the Russian economy was 40%

:13:50.:13:53.

oil and gas. It is now 15% oil and goes. Less than Norway. Yes, of

:13:54.:13:58.

course it is a hydrocarbon superpower but Russia's service

:13:59.:14:01.

sector is three times bigger than its oil and gas sector much it is a

:14:02.:14:05.

myth to say this is entirely a petro economy. It's diversifying

:14:06.:14:11.

incredibly quickly, as any decent merelying market investor will tell

:14:12.:14:15.

you. It is not true to say -- emerging market. It is not true to

:14:16.:14:19.

say the population is declining. Everyone says that all the time.

:14:20.:14:22.

Russia now has a birth rate higher than the EU average and the decline

:14:23.:14:26.

in population they saw was far less than almost any other East European

:14:27.:14:31.

country. We believe what we want to believe because we have a Cold War

:14:32.:14:34.

mentality, that we have to hammer these guys and beat them into the

:14:35.:14:38.

ground. It is not right. We should be trading with these guys and

:14:39.:14:42.

treating them as partners. I need to bring in Diane. One way to get your

:14:43.:14:46.

population to increase is to annex everybody around you.

:14:47.:14:49.

They are now talking, Diane, about tougher sanctions. Is this the right

:14:50.:14:56.

way forward or not? The EU will not go for serious

:14:57.:14:59.

economic sanctions because Germany is Russia's biggest trading partner.

:15:00.:15:04.

There is a view in the House of Commons, not just people - That

:15:05.:15:09.

Russia isn't Germany's biggest trading partner. It's not? Yes, but

:15:10.:15:14.

- It's the biggest single trading partner. The EU. Germany, Russia is

:15:15.:15:20.

Germany's 11th biggest export market. 11th. My point is a

:15:21.:15:26.

parliamentary point. Combined imports and exports. You are wrong.

:15:27.:15:31.

My point is a parliamentary point. Increasingly MPs on the right of the

:15:32.:15:35.

Tory party, not so in my own party, are wondering why we are get ing

:15:36.:15:41.

drawn into this - We shouldn't do anything? We can't follow-through.

:15:42.:15:45.

Asking you. We should don't anything, that is the conclusion by

:15:46.:15:48.

what you say? There is a feeling the EU may have mishandled it in the

:15:49.:15:53.

first place. Sglie understand that, what is the Diane Abbott policy

:15:54.:15:58.

against Russia? I'm backbench, I don't have a policy. You splus a

:15:59.:16:03.

view. You arified have a view, that is why you are on here? There may be

:16:04.:16:09.

token travel travel sanctions we could impose. Would you do? Nothing?

:16:10.:16:16.

My view is, that there may be token travel and Visa sanctions - You,

:16:17.:16:22.

what would you do, you won't tell me? I told you what I would do.

:16:23.:16:28.

Snowing There are token sanctions - You would go along with those? Token

:16:29.:16:33.

sanctions. When it comes to serious trade sanctions they are not going

:16:34.:16:37.

to happen. Are talking sanctions? We have to express our dissprees sure.

:16:38.:16:43.

Were gog say something, Michael? When I was Defence Secretary, quite

:16:44.:16:49.

a long time ago - True it is. Let me finish the point. We were extending

:16:50.:16:56.

- On the defensive. Defending NATO and the European Union, we were

:16:57.:17:01.

cautious not to include Ukraine in that expansion. We thought it was

:17:02.:17:05.

completely unrealistic to take Ukraine into NATO or the European

:17:06.:17:08.

Union. We have recognised it would be massive provocation to the

:17:09.:17:13.

Russians. Somehow, that sensible approach has been lost over the

:17:14.:17:17.

years. That actually we arrived in a situation where we were offering

:17:18.:17:22.

you, you know, the prospect of EU membership, even NATO membership to

:17:23.:17:27.

Ukraine, which has a strong effect in destabilising the country and

:17:28.:17:32.

antagonised Putin. It's extraordinary how we failed to

:17:33.:17:35.

predict what the Russian's next move wouldwould be. Will Mr Putin do

:17:36.:17:42.

next? I think he will try to de-escalate the situation. I think,

:17:43.:17:47.

you know, the probability is that Ukraine - Crimea will become part of

:17:48.:17:51.

Russia. That's a done deal? No, Andrew, really you are not right.

:17:52.:17:56.

It's not a done deal. Did he say Andrew is not right? Crimea is not

:17:57.:18:03.

part of Russia? There is enabling legislation to allow it to happen.

:18:04.:18:06.

It still hasn't happened. I bet you ?1,000 it happens? OK. Will you take

:18:07.:18:12.

that bet on? I won't bet live on television. The probability is that

:18:13.:18:16.

will happen. What does he do next? Many ways to skin a cat. There maybe

:18:17.:18:22.

negotiation where Crimea becomes a protect rate. People in Crimea in no

:18:23.:18:27.

in terms want to be part of Russia. That was whants I asked? It's a

:18:28.:18:34.

defensive lobbies wet dream - Does he go for east Ukraine? I'm getting

:18:35.:18:40.

there. It's a defence lobbiest wet dream he wants - He will not attempt

:18:41.:18:44.

to take control of east Ukraine? I would be astonished if he did that.

:18:45.:18:50.

As the Russians know, it's Ukraine's destiny to be a bilingual nation to

:18:51.:18:55.

be a buffer between the west European world and the Slovak world.

:18:56.:18:58.

Ukraine doesn't want to be part of NATO. There has never been an

:18:59.:19:02.

opinion poll. You said it won't happen. We have it on tape. Events

:19:03.:19:06.

will see if you are right or wrong. Thank you very much. Thank you. Now,

:19:07.:19:15.

it's late - and you're probably feeling sleepier than Eric Pickles

:19:16.:19:18.

during a Boy George budget speech - but don't tidy up those Blue Nun

:19:19.:19:22.

empties just yet because waiting in our frost-bitten wings - enduring

:19:23.:19:25.

the most unadventurous adventure of his entire life - Ranulph Fiennes is

:19:26.:19:28.

here to explore why people don't take greater risks in life and

:19:29.:19:35.

politics. And, if your idea of danger is moaning on the internet

:19:36.:19:39.

about how much of your licence fee is spent on this nonsense, you'll be

:19:40.:19:42.

in equally edgy company on the Twitter, the Fleecbook and the

:19:43.:19:45.

Interweb. Now, we're not ones to blow our own trumpet. In fact, we

:19:46.:19:49.

celebrate modesty and mediocrity! As you can see! As you can see, Liam.

:19:50.:19:54.

So we were delighted this week to hear a senior politician admit that

:19:55.:19:58.

he didn't have the star quality to be Prime Minister! Yes, Michael Gove

:19:59.:20:01.

summoned up all his false modesty to say he was perfectly happy being a

:20:02.:20:05.

lowly sidekick, the Dr Watson to David Cameron's Sherlock Holmes. So

:20:06.:20:08.

we asked our own man lacking ambition, the Mirror's Kevin

:20:09.:20:10.

Maguire, for his Budget roundup of the week. His very low budget

:20:11.:20:16.

roundup. Yes, when it comes to modesty and mediocrity, nobody does

:20:17.:20:17.

it better than us. It was Monday and I was on my way to

:20:18.:20:33.

221b Downing Street to call upon my good friend, Mr George Osborne, a

:20:34.:20:38.

genius, a man possessed of almost superhuman powers of deduction.

:20:39.:20:43.

Wait, don't tell me my good man, from the dust on your shoe, the bags

:20:44.:20:54.

under your eye and the flem in on your shoulder you are an over tired

:20:55.:20:58.

parent struggling to get by on ?149,000 a year and desperate for my

:20:59.:21:07.

help. But, George, it's me, Dr Gove your best friend. Mr Osborne, like

:21:08.:21:13.

his older brother, Dave, has a star quality I can't match. Sometimes I'm

:21:14.:21:18.

so tongue-tied with awe that everything comes out wrong. There

:21:19.:21:25.

are a ridiculous number of Old Etonians in the Cabinet? I read that

:21:26.:21:32.

interview. What Michael Gove is talking about what he is passionate

:21:33.:21:36.

about, improving the education of this country. Public school charm.

:21:37.:21:46.

It didn't save me though. I found my friend in pencive mood. A humour

:21:47.:21:55.

reached him of a fresh plot from Johnson and his groanies. It's

:21:56.:22:00.

ridiculous that the only pool where the Tories fish in is in fact the

:22:01.:22:07.

very limited pool of current MPs in the House of Commons, are there not

:22:08.:22:11.

other possible candidates? A humble plotter such as I had no idea what

:22:12.:22:17.

on earth he was about. My friend's brilliant mind was working overtime.

:22:18.:22:23.

Gove, I need help to solve a devil of a mystery by Thursday. I neat to

:22:24.:22:28.

thwart my enemies. I want to appear as if auto I'm giving billions of

:22:29.:22:33.

pounds to everyone without spending a penny. I came up with a plan to

:22:34.:22:38.

help downtrodden couples scraping by on under ?300,000 a year. 's a nanny

:22:39.:22:43.

subsidy. This is simple. Everyone can go on to the Government's

:22:44.:22:47.

website, create an account, put more of their money, in grandparents can

:22:48.:22:50.

put money in. Take the money out when you need. For every 80p you

:22:51.:22:55.

spend, the Government will spend 20p. Was beyond me. I buried my head

:22:56.:23:00.

in that morning's edition of the Illustrated London News. It appeared

:23:01.:23:04.

that the Tzar was up to his tricks again. No amount of sham and

:23:05.:23:11.

perverse democratic process, or secured historical reference cans

:23:12.:23:14.

make up for the fact that this is an incursion into a sovereign state and

:23:15.:23:19.

a land grab of part of its territory with no respect for the law of that

:23:20.:23:26.

country or for international law. My friend's brilliant mind was on other

:23:27.:23:29.

matters. I have a marvellous idea. We need to cut taxes to show we

:23:30.:23:33.

care, but although the economy is growing, we haven't got any pounds

:23:34.:23:38.

to spend. Why don't we just cut a bit off the pound coin, sir? Gove,

:23:39.:23:44.

that is a wonderful idea, get out there and find me more headline

:23:45.:23:48.

grabbing ideas by Wednesday and meet me in Westminster.

:23:49.:24:00.

This is a Budget for building a resilient economy. If you are a

:24:01.:24:08.

maker, a doer or a saver, this Budget is for you. It is all part of

:24:09.:24:14.

a long-term economic plan. A plan that is to delivering security for

:24:15.:24:18.

the people of this country. Pensioners will have complete

:24:19.:24:21.

freedom to draw down as much or as little of their pension pot as they

:24:22.:24:26.

want, any time they want, no cap, no drawn down limits, let me be clear,

:24:27.:24:33.

no-one will have to buy annuity. He came out all guns blazing and fought

:24:34.:24:39.

the good fight on class war. Shame he forgot about the Budget. It

:24:40.:24:43.

doesn't mat fer the pound is square, round or oval if you are ?1,600 a

:24:44.:24:50.

year worse off you are still ?1,600 worse off. Chap can be rude

:24:51.:24:54.

sometimes. Wrfrjts is the Education Secretary? He has been banished...

:24:55.:25:03.

He is hiding. He is hiding! The Education Secretary has been

:25:04.:25:06.

hiding... I think Mr Deputy spaeshg he has been con signed to the

:25:07.:25:13.

naughty step by the Prime Minister. -- speaker. It appeared that the

:25:14.:25:25.

Napoleon of politics Johnson was up to his tricks again. You were always

:25:26.:25:34.

like this. Behave. It's not your turn for the champagne. It's my

:25:35.:25:47.

party, I will have my way. Ahhh! Don't worry, it's all an illusion,

:25:48.:25:52.

islanded on my annuities. Boris, you can't kill me off that easily!

:25:53.:26:04.

Michael, Osborne's pension reform, good policy and good politics? Yes.

:26:05.:26:11.

I think good justice as well. This annuity problem I think was a major

:26:12.:26:16.

injustice. Even though people are assisted to save for their pension

:26:17.:26:21.

by tax relief, the control that the state took over, the money they had

:26:22.:26:25.

put aside, was such that they were not allowed to draw more than a

:26:26.:26:31.

small part of that. Then, at a certain age, had to take an annuity.

:26:32.:26:35.

Where interest rates the annuity they were given was daylight

:26:36.:26:39.

robbery. If you had arrived from Mars and looked at this situation,

:26:40.:26:43.

would you have concluded it was deeply unjust. What... For many

:26:44.:26:48.

years people considered how we could get away from the requirement to

:26:49.:26:53.

have annuities. I don't remember anyone suggesting to set people free

:26:54.:26:57.

to do what they want with their lump sum. I think it is a a good thing.

:26:58.:27:01.

What many people retired will do is find other investment vehicles. Look

:27:02.:27:05.

for shares and bonds and property to put that money into. Labour doesn't

:27:06.:27:11.

seem yet to know exactly how to respond to this reform, what would

:27:12.:27:17.

you advise? Well, really our problem is that we have to think through

:27:18.:27:22.

what our economic offer is. Are we going to do the same sorts of cuts

:27:23.:27:28.

that Osborne is doing only with some slight variants... On pension

:27:29.:27:33.

reform? Oh, on the pension reform. Given that Osborne doesn't have any

:27:34.:27:38.

new money to spend, to be fair to him, it's quite ingenius, it will be

:27:39.:27:45.

popular with retire es they will will have all this money. Treasury

:27:46.:27:50.

will get a bigger tax cut. They will be spending money. And so on. More

:27:51.:27:55.

people may be encouraged to save for pensions. That may be. Politically,

:27:56.:27:59.

Osborne, whatever you say about him, he is looking good nowadays on the

:28:00.:28:04.

5: 2 diet. Whatever you say about him, it's very political. This is

:28:05.:28:15.

above all a burning arrow designed to hit the heart of UKIP. That's the

:28:16.:28:20.

political motivation? It is the political motivation. Remember also

:28:21.:28:24.

he has given this analysis of a recovery which is the wrong

:28:25.:28:28.

recovery. One of the ways in which it's the wrong recovery we continue,

:28:29.:28:32.

we have low interest rates, to encourage people to borrow and

:28:33.:28:36.

discourage people to save. Although he can't yet change the low interest

:28:37.:28:39.

investment, this is quite an important move towards encouraging a

:28:40.:28:44.

bit of saving. Miranda, you can see what is in it for the Tories, what

:28:45.:28:50.

is it it for the Lib Dems, the pension reform Steve Webb the

:28:51.:28:56.

pension minister a Lib Dem and the expert on pensions. He made it his

:28:57.:29:03.

life's study. On the policy. Itself. What is in the politics for the Lib

:29:04.:29:10.

Dems It's quite broad actually. Fundamentally, we have spent weeks

:29:11.:29:15.

on the sofa discussing which coalition rows are genuine division,

:29:16.:29:19.

which are play fights, all of that, actually, what the Budget has shown

:29:20.:29:25.

is reports of the coalition together is somewhat exaggerated - There is

:29:26.:29:30.

life in it yet. They presented a united front. Clear Lib Dem wins

:29:31.:29:34.

they could tick off. More than that, they are part of a governing project

:29:35.:29:39.

which showed this week it has a lot to say and a lot to do. That doesn't

:29:40.:29:44.

just make UKIP look imhe tent, it makes the Labour Party look

:29:45.:29:47.

impotent. That is very helpful for the Lib Dems indeed. That depends on

:29:48.:29:53.

whether the electorate is comforted by Osborne's little bunny rabbits.

:29:54.:29:57.

They are little bunny rabbits. The pension stuff is the biggest issue.

:29:58.:30:02.

Depends whether the Government is comforted by that - the electorate.

:30:03.:30:07.

Or whether they reflect. What we are seeing is correct, it's actually

:30:08.:30:10.

correct their living standards are going down and will continue to go

:30:11.:30:13.

down. Whether - They won't continue to go down. The OBR forecast show

:30:14.:30:17.

that is wages will start to overtake prices in the summer? Well, yes. But

:30:18.:30:29.

whether the living standards argument trump the macroeconomics.

:30:30.:30:35.

They wouldn't be as high in 2014 as they were in 2014. The argument will

:30:36.:30:39.

be on the one hand that clear average wages will not have

:30:40.:30:44.

recovered by 2015 to their previous level. That's the point Labour will

:30:45.:30:48.

make. The Tories riposte will be - we are moving in the right

:30:49.:30:51.

direction. It is which argument wins. It is the question -- are you

:30:52.:30:57.

better off than you were five years ago? Talking about it as a project,

:30:58.:31:01.

the coalition government, the thing that impressed me, the borrowing

:31:02.:31:05.

figure has halved in the sincing the beginning of the Government. It is

:31:06.:31:09.

projected we will move into surplus. It hasn't happened. Down to 6. 6.

:31:10.:31:16.

Borrowing, Labour left a deficit of ?166 billion. This financial year,

:31:17.:31:21.

108. Was it not 13s? This is now 6. 6. The Government is using

:31:22.:31:26.

percentage of GDP. And we are going to get to a surplus by 2018 if

:31:27.:31:30.

things continue on their present path. In other words, the public

:31:31.:31:35.

finances are transformed once you get growth back into the situation.

:31:36.:31:39.

But it is growth based on a housing bubble in London. You have not cut

:31:40.:31:45.

the deficit as quickly as Osborne promised in 2010. Of course it is

:31:46.:31:51.

the case. It is the case. I I think it is transformational. One of the

:31:52.:31:54.

best-kept secrets is all the time we are ranting about the Italians and

:31:55.:31:58.

Greeks and casualties of the eurozone, we were running the

:31:59.:32:01.

largest deficit of the European Union. Michael is right on that,

:32:02.:32:05.

shouldn't the Liberal Democrats then be putting more effort into taking

:32:06.:32:08.

credit for things that they think really coming right, rather than all

:32:09.:32:11.

the effort they are putting in now to distance themselves from the

:32:12.:32:17.

Tories? In my personal view, yes. She is very sound on this. The

:32:18.:32:21.

problem is, I think, that all parties are suffering from a similar

:32:22.:32:25.

thing at the moment, which is, it is the quite short run-up to the

:32:26.:32:29.

election now and a couple of elections in the way of even the

:32:30.:32:32.

general election and there was a rush of polling data to the head.

:32:33.:32:36.

And that has made them think in a much too narrow way about picking

:32:37.:32:40.

off their own groups of voters, rather than a broader pitch and

:32:41.:32:46.

broader appeal. Myself, I think the Liberal Democrats' only hope at the

:32:47.:32:49.

next election is a broad appeal to - you finally gave us a chance at

:32:50.:32:52.

Government, look we are quite good at T it has to be the central

:32:53.:32:57.

message. I have -- at it. I have come from addressing a public event.

:32:58.:33:01.

Somebody described the Tories to me as extremists. I put my head in my

:33:02.:33:05.

hands. If that is the way the Tories are regarded at the moment. That way

:33:06.:33:08.

lies death. David Cameron always knew the only place the Tories could

:33:09.:33:12.

win the election was on the centre-ground. And, he needs to get

:33:13.:33:17.

back with the can he alies, stressing it is a centrist

:33:18.:33:21.

government that has done centrist things and produced sensible results

:33:22.:33:25.

rather than banging on about the EU and immigration which makes people

:33:26.:33:30.

believe it is extremists. But the backbenchers... Had They don't let

:33:31.:33:34.

him. That's why the coalition is his salvation. The fact he has 60

:33:35.:33:41.

merchandise backing him, he isn't held hostage by 40 Tory MPs. There

:33:42.:33:47.

are more than 40 Tory MPs who would love him to bang on about

:33:48.:33:53.

immigration in Europe. Do you see George Osborne as a Tory leader?

:33:54.:34:01.

Snool oh, yes. Because you hate Boris Johnson. It could be a

:34:02.:34:05.

contributory factor. Before the last election, I was thinking of George

:34:06.:34:09.

beforedom. Such is my respect for him. I could see him as a leader. He

:34:10.:34:15.

has a few rough edges, a few presentational difficulties but, no,

:34:16.:34:19.

he is absolute leadership quality. Thank you. I like the smirk in your

:34:20.:34:27.

face there. Now, Noel Edmonds trying to buy the

:34:28.:34:31.

BBC, Bez from the Happy Mondays standing as an MP in Salford, Diane

:34:32.:34:34.

Abbott's London mayoral ambitions - yes, lost causes come in many shapes

:34:35.:34:38.

and sizes but just because we're all doomed to failure doesn't mean we

:34:39.:34:42.

shouldn't give it a go. Install a bank of telephone lines and hope for

:34:43.:34:50.

the best. But is politics now increasingly risk averse and could

:34:51.:34:53.

politicians learn something from a man willing to saw off his own

:34:54.:34:56.

fingertips with a blunt fretsaw? Quite possibly. And that's why we've

:34:57.:34:59.

decided to put "adventure" in this week's Spotlight.

:35:00.:35:09.

# Take time to see the wonders of the world... #

:35:10.:35:19.

# If you show weakness to Antarctica, I think it knows T Are

:35:20.:35:27.

such dangerous expeditions just for Princes or should we be more

:35:28.:35:33.

adventurous. Ranulph Fiennes probably thinks so.

:35:34.:35:41.

French ministers introduced an adventurous antipollution policy

:35:42.:35:44.

this week with cars in Paris only allowed to drive depending on

:35:45.:35:49.

whether their numberplate was odd or even.

:35:50.:35:53.

Plus, new head of HS2 believes we should be far more ambition and

:35:54.:35:57.

build further and faster in the face of protests and prevarication.

:35:58.:36:03.

And back in Westminster, pension annuity reform may not sound

:36:04.:36:07.

adventurous, but could this policy proved to be Osborne's Everest? So,

:36:08.:36:12.

are politicians too often too timid when it comes to pushing the

:36:13.:36:16.

boundaries of policy? Maybe we could all learn a thing or two about

:36:17.:36:20.

putting safety last, rather than always putting safety first. Who

:36:21.:36:23.

dares wins. We dare. We will win. Sadly, I was there live and remember

:36:24.:36:40.

that carcrash as it happened. Ranulph Fiennes joins us now.

:36:41.:36:44.

Welcome to the programme. Having a sense of adventure, do you think it

:36:45.:36:47.

is a good thing? It depends who you are. If you want to live up to your

:36:48.:36:52.

adventurous dreams, and sometimes you can't, so you don't want to get

:36:53.:36:55.

above yourself. Are you born with it? Or is it installed or instilled

:36:56.:37:00.

in you? That's a big question which a lot of people are argued. I think

:37:01.:37:05.

it is a bit of both, definitely. If you have a strong sense of

:37:06.:37:11.

adventure, you must have a robust nature to deal with things - things

:37:12.:37:14.

are often more likely to go wrong if you have a sense of adventure, if

:37:15.:37:18.

you take risk. Yes, but we are in it for the competition. The Norwegians

:37:19.:37:24.

think they own the polar regions and for 40 years now, we know who they

:37:25.:37:30.

are and we need to break the remaining polar records, before they

:37:31.:37:34.

do. If it is risky, you are more likely to be stopped in not breaking

:37:35.:37:39.

that particular record. You want to go around risks not at them. But you

:37:40.:37:44.

have to be unafraid of failure, I would think, to be a proper

:37:45.:37:49.

adventurer? It is aed about thing, we depend on sponsors. They don't

:37:50.:37:53.

like failure. -- it is a bad thing. Do you think our politicians are

:37:54.:37:57.

lacking in adventure because adventure exposes you to more

:37:58.:38:01.

failure? There is a greater risk of it? And they hate that. I would want

:38:02.:38:07.

to be a politician. They are dealing with risky people. We are just

:38:08.:38:12.

dealing with nature. Nature is not wiley and duplicitous like people

:38:13.:38:16.

and politicians - well, I will not be rude about politicians. I think

:38:17.:38:20.

you were. I take it back. Do not. Leave it on the table. Is nature

:38:21.:38:26.

really not duplicitous when the weather turns against you, for

:38:27.:38:29.

example? Yes, but unless you have some sort of bad weather, Mr Fisher,

:38:30.:38:35.

whatever, you reckon on bad weather. You plan pessimistically and

:38:36.:38:39.

sometimes we plan seven years ahead. We did the first ever journey around

:38:40.:38:45.

Earth vertically. It has never been repeated. It took three years,

:38:46.:38:51.

50,000 miles, without flying one mile. Never been repeated. We

:38:52.:38:57.

plannedp seven years. Everything was pose mustic planning. I would think

:38:58.:39:01.

for a Government, the same thing is best. -- pest misically. Our

:39:02.:39:07.

politicians, are they adventurous today or risk averse? I think in

:39:08.:39:11.

general they are probably risk averse. However, as ran you have has

:39:12.:39:20.

just said, it is important to assess your risks. -- Ranulf. I was struck

:39:21.:39:28.

by what you were talking about, not going through a problem, going

:39:29.:39:32.

around T Margaret Thatcher, it was striking although she new her origin

:39:33.:39:36.

and destination, the route between the two was very often a did I zag

:39:37.:39:40.

to get around problems. The important thing was to end know

:39:41.:39:50.

where you were ending up -- zig zag. The Successful politicians are the

:39:51.:39:55.

one who take risk. David Miliband could have stood against Tony Blair,

:39:56.:40:01.

and then saw his brother pip him. David Cameron took a risk for the

:40:02.:40:04.

Tory leadership when he was relatively young. And behind at the

:40:05.:40:09.

time. And behind. So I think successful politicians, as

:40:10.:40:11.

individuals have to be prepared to take a risk. A successful adventurer

:40:12.:40:18.

does know the risks, otherwise you are not so much an adventurer, as

:40:19.:40:22.

fool hardy. You have to anticipate what will go wrong and what the

:40:23.:40:26.

dangers will be? We do. But we have the end result which is - we are

:40:27.:40:30.

going to break the world record. We are going to get the first winter

:40:31.:40:37.

journey, shall we say to the Pole. Our reward is when we plant our flag

:40:38.:40:42.

there. It is not the English flag, it is the Union Jack. The worst

:40:43.:40:46.

thing for us would be if our brothers, the Scots, leave us. That

:40:47.:40:52.

would be dreadful. Have you embarked on an adventure when you then, as it

:40:53.:40:57.

has gone on, thought - I wish I had never started out on this, this is

:40:58.:41:01.

crazy. Yes, and that's not good because your sponsor has been told

:41:02.:41:05.

you are going to succeed. You cannot immediately accept the failure. You

:41:06.:41:09.

have to find a way around it. What was - what was that? What adventure

:41:10.:41:16.

were you on? Well, we were trying to find the Lost city Aruba for 26

:41:17.:41:23.

years. Four-wheel drive into the great dessert and having found a

:41:24.:41:27.

pillar in the middle of the sand but on the last day before the hot

:41:28.:41:31.

season we knew we would come back and BP would sponsor it and find the

:41:32.:41:38.

next year and only then discovered German archaeologists had put it

:41:39.:41:40.

there. We were on a hiding for nothing and when we came back NASA

:41:41.:41:45.

had started looking for it using the Apollo and all the rest of it. We

:41:46.:41:50.

found it through sheer good luck, not NASA or the German

:41:51.:41:54.

archaeologists. Every now and again you need luck. I would have thought

:41:55.:42:00.

in your business, you need look. Even politicians need luck. Sounds

:42:01.:42:06.

like you came across duplicity? German duplicity. Do you think as a

:42:07.:42:12.

society we are Morrisk averse. Yes, I have had mums coming to see me to

:42:13.:42:17.

sue the school because their child fell off the climbing frame. I said

:42:18.:42:21.

- if you sue because of that, children will never be able to play

:42:22.:42:24.

again. They are not allowed to go in our

:42:25.:42:30.

divror Tesco, because a trolley might run the children over. It is

:42:31.:42:34.

funny what you think about when asked that question - I had gone to

:42:35.:42:37.

the other extreme - we are talking about a country which in the last

:42:38.:42:41.

few years has gone to war in Iraq, in Afghanistan and Libya. In some

:42:42.:42:45.

ways, our governments have been very risky in what they have done. They

:42:46.:42:51.

have indeed. There was no proper assessment in any of the risks

:42:52.:42:56.

involved. Yet on small things as Diane says we have become Morrisk

:42:57.:43:01.

averse. Just remind us of the story of what you had to do, you had got

:43:02.:43:06.

so much frost bite had taken, that you had to cut your fingers off? Not

:43:07.:43:12.

quite like that. That sounds pretty eccentric. Eccentric is not the

:43:13.:43:18.

word, sounds horriblement I had frost bite. The fingers had to come

:43:19.:43:22.

off. You are moving around with three inches of mummified red

:43:23.:43:27.

finger, but the surgeons won't cut it off for half months because the

:43:28.:43:33.

half dead bit will become the new flaps after amputation. That has to

:43:34.:43:36.

have five months to get better. Every time you touch something it

:43:37.:43:41.

hurts like hell. No wonder the ge stoop tow went for fingers. I was

:43:42.:43:46.

getting irritable. My wife said we must do something like that. I got a

:43:47.:43:51.

black and decker and fretsaw and Jenny brought me cups of tea. It

:43:52.:43:56.

took two days to do the thumb. I think that'll keep some people awake

:43:57.:44:02.

tonight. Wet' better leave it there. You asked the question. You

:44:03.:44:11.

answered. That's your lot for tonight folks - but not for us,

:44:12.:44:15.

because scientists equipped with an incredibly powerful telescope have

:44:16.:44:17.

discovered exciting evidence of a primordial gravitational wave -

:44:18.:44:19.

emanating from Michael Portillo's cha cha. So we're all off to Lou

:44:20.:44:23.

Lou's dance floor to confirm their findings. But after Pensions

:44:24.:44:26.

Minister Steve Webb today declared that he was perfectly relaxed about

:44:27.:44:29.

people frittering away their pension savings on hookers and Lamborghinis

:44:30.:44:32.

- I paraphrase only slightly - we leave you tonight with the latest

:44:33.:44:35.

prospectus from British Association of Pension Funds. Nighty night.

:44:36.:44:37.

Don't let the end-of-life crisis bite. Thb say I might as well face

:44:38.:44:42.

the truth # That I am just too long in the

:44:43.:44:46.

tooth # I started to deteriorate

:44:47.:44:52.

# And new I'm past by own sell-buy date

:44:53.:44:55.

# So I'm a wrinkley, Cinkly, set in my ways

:44:56.:44:58.

# It's true that my body has seen better days

:44:59.:45:03.

# But give me half a chance and I can still misbehave

:45:04.:45:07.

# One foot in the grave # One foot in the grave... #

:45:08.:45:09.

Download Subtitles

SRT

ASS