Browse content similar to 24/11/2016. Check below for episodes and series from the same categories and more!
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Hello, everybody. Is there an event on? Tonight, on the This Week grand | :00:14. | :00:24. | |
tour, speed, adrenaline, fast cars and political punch. Commentator Dan | :00:25. | :00:32. | |
Hodges goes on a journey to spreadsheet Phil's routes. This | :00:33. | :00:39. | |
motor purrs, a proper Brexit beauty. And the best thing, now you can get | :00:40. | :00:45. | |
her on HP, because borrowing is back in fashion. Tim Shipman from the | :00:46. | :00:50. | |
Sunday Times rounds up an old banger of a political week. Frankly, with | :00:51. | :00:55. | |
the Autumn Statement, Brexit and Trump, it's been a car crash. Road | :00:56. | :01:00. | |
rage gets the better of Michael and Liz. And comedian Stewart Lee tells | :01:01. | :01:08. | |
us to mind our manners. Our travelling tent is ready. We are all | :01:09. | :01:13. | |
insured, I think, so let's hit the gas, because I travel in the fast | :01:14. | :01:17. | |
lane, and prepare for the most expensive piece of television ever | :01:18. | :01:19. | |
made, the This Week grand tour. And we begin with a financial update | :01:20. | :01:23. | |
from our owners, This Week Incorporated, | :01:24. | :01:29. | |
headquartered at PO Box 37,452, And, let me say, if you're ever | :01:30. | :01:33. | |
in the BVIs, please come visit. You'll be surprised to discover | :01:34. | :01:40. | |
that our HQ is an empty PO Box with a "Gone Fishing" | :01:41. | :01:43. | |
sign hanging from it, which only illustrates our | :01:44. | :01:45. | |
commitment to keeping corporate overheads down | :01:46. | :01:47. | |
AND the work-life balance right. Our chief accountant, | :01:48. | :01:51. | |
Spreadsheet Phil, has this week explained, when he said way back | :01:52. | :01:55. | |
in 2010, that we'd bring revenue and spending into balance by 2015, | :01:56. | :01:58. | |
what he clearly meant was that he'd increase our total debt from under | :01:59. | :02:04. | |
?1 trillion to over ?1.6 trillion - and to hell with any of this | :02:05. | :02:09. | |
balanced budget nonsense. And when last year he said | :02:10. | :02:13. | |
that it was now company policy to balance the budget by 2020, | :02:14. | :02:15. | |
that obviously implied raising our outstanding | :02:16. | :02:19. | |
liabilities to ?2 trillion, which is a nice round figure too big | :02:20. | :02:24. | |
for anybody really to understand. As he explained yesterday, | :02:25. | :02:28. | |
circumstances have changed. Michael's Brazilian shirts are more | :02:29. | :02:31. | |
expensive with the fall in the pound, the BBC cut our budget | :02:32. | :02:34. | |
to make the new Top Gear such a success, we now have two dogs | :02:35. | :02:37. | |
rather than one to look after - and there's a new producer's | :02:38. | :02:44. | |
expensive drug habit To those of you who bought shares | :02:45. | :02:47. | |
in This Week Inc in the belief that balancing the budget | :02:48. | :02:53. | |
and reducing our debts were legally-binding fiduciary | :02:54. | :02:55. | |
promises rather than just vague aspirations to ramp | :02:56. | :02:58. | |
up the stock market, Spreadsheet Phil has | :02:59. | :03:01. | |
two words for you. Which I guess is some kind of arcane | :03:02. | :03:04. | |
financial instrument accountants Anyway, for those of you who think | :03:05. | :03:09. | |
our corporate position somewhat precarious I can assure | :03:10. | :03:16. | |
you there are those who regard us There are rumours of a takeover | :03:17. | :03:18. | |
bid in the works from McDonnell-Corbyn Ltd, | :03:19. | :03:25. | |
a Mega-Marxist conglomerate Apparently their business plan | :03:26. | :03:28. | |
involves borrowing another half trillion on the sound basis that, | :03:29. | :03:33. | |
since we're already two trillion in the red, who's going | :03:34. | :03:36. | |
to notice? Speaking of those who owe a debt | :03:37. | :03:38. | |
to public life that is likely never to be repaid, I'm joined on the sofa | :03:39. | :03:44. | |
tonight by the South Sea Bubbles Liz #fourpercent Kendall, | :03:45. | :03:47. | |
and Michael #choochoo Portillo. Your moment of the week, Michael? | :03:48. | :04:06. | |
Let me clear my throat. President-elect Trump's latest | :04:07. | :04:09. | |
humiliation of the British government by proposing nodule | :04:10. | :04:12. | |
Farage should be the British ambassador to Washington. It was | :04:13. | :04:15. | |
thought Donald Trump was very pro-British, and I think he is, and | :04:16. | :04:20. | |
pro-Brexit, but this does not imply that he is pro-British government, | :04:21. | :04:24. | |
because the British government is another establishment, and he is the | :04:25. | :04:28. | |
antiestablishment figure. There is not a person in the Foreign Office, | :04:29. | :04:32. | |
I don't suppose, who wanted to see victorious. Trump Our Prime Minister | :04:33. | :04:39. | |
was pro-Remain, the Chancellor was heavily pro-Remain. The Chancellor | :04:40. | :04:44. | |
was pro-Brexit but he is very anti-Trump, with a list of things he | :04:45. | :04:48. | |
said about him. So there has been this error in believing that Donald | :04:49. | :04:52. | |
Trump being pro-British would help the British government. He has no | :04:53. | :04:55. | |
interest in helping the British government. That jacket has put life | :04:56. | :05:01. | |
into you. You should wear it more often. Warn us, and we can put on | :05:02. | :05:09. | |
sunglasses. Very different. It is the victory in the first primary | :05:10. | :05:15. | |
round for the French presidential election. Unfortunately, with the | :05:16. | :05:18. | |
Socialists doing so badly in the polls, whoever wins the nomination | :05:19. | :05:21. | |
is likely to be up against Marine Le Pen. That is a hugely important | :05:22. | :05:25. | |
election, not just for France but for the rest of Europe. It is, and | :05:26. | :05:34. | |
it is not quite clear yet. It is clear the Socialists will probably | :05:35. | :05:37. | |
get knocked out, and then it is on to the National front against the | :05:38. | :05:39. | |
times. Now, Spreadsheet Phil wasn't | :05:40. | :05:41. | |
always chained to his desk meticulously colour coding Excel | :05:42. | :05:43. | |
rows and columns. A long time ago, back when you, | :05:44. | :05:45. | |
dear viewers, were just a twinkle in your father's eye, | :05:46. | :05:48. | |
our Phil was out wheeling and dealing, not in triple locks | :05:49. | :05:50. | |
or OBR forecasts, but motors. The wheels of our | :05:51. | :05:54. | |
economy, you might say. Think of him as the Arthur Daley | :05:55. | :05:56. | |
of his day. Young Phil knew his Ford | :05:57. | :05:58. | |
Fiesta from his Bugatti. One was a clapped out British car, | :05:59. | :06:01. | |
he explained, the other Clearly Spreadsheet wasn't cut | :06:02. | :06:04. | |
out for the motor trade The Mail On Sunday's Dan Hodges | :06:05. | :06:09. | |
was determined to try some method acting to really get | :06:10. | :06:14. | |
into Spreadsheet's head and understand the Autumn Statement | :06:15. | :06:17. | |
in the context of his personal MUSIC: Theme from Minder | :06:18. | :06:20. | |
by Dennis Waterman. About 2 trillion on the clock, | :06:21. | :06:49. | |
but you don't need And you know what she's really | :06:50. | :06:56. | |
great at? The audit of the Government books | :06:57. | :06:59. | |
saw Philip Hammond accelerating away from a commitment to balancing them | :07:00. | :07:12. | |
by 2020 and putting in place The 2015 election was defined | :07:13. | :07:17. | |
by one issue. But now the deficit isn't even | :07:18. | :07:23. | |
on the forecourt. When Ed Miliband forgot to mention | :07:24. | :07:33. | |
it at his conference speech, he was accused of being | :07:34. | :07:36. | |
entirely unfit for office. To an extent, this | :07:37. | :07:40. | |
U-turn is being driven That's why Philip Hammond's decided | :07:41. | :07:47. | |
to release the handbrake. He thinks our exit from | :07:48. | :07:55. | |
the European Union is going to slow A half decent political opposition | :07:56. | :07:58. | |
would have made a fortune But like a clapped-out old banger, | :07:59. | :08:06. | |
Labour just keeps spluttering along. So a new dividing | :08:07. | :08:17. | |
line has opened up. With the Labour Party now | :08:18. | :08:21. | |
an irrelevance, it's Theresa May and George Osborne that sit | :08:22. | :08:24. | |
on opposite sides of the political and fiscal dividing line that | :08:25. | :08:27. | |
will define the next decade. If Theresa May successfully steers | :08:28. | :08:33. | |
us through the Brexit storm, then it's likely that Osbornomics | :08:34. | :08:35. | |
will be permanently erased But if she falters, then it's just | :08:36. | :08:37. | |
possible George Osborne could again find himself | :08:38. | :08:46. | |
in the driving seat. Come on, let's take | :08:47. | :08:52. | |
it for a test drive. Thank you to our new friends | :08:53. | :09:03. | |
at Harringtons of Fulham for allowing us to film | :09:04. | :09:06. | |
at their car dealership. We'd like to point out | :09:07. | :09:10. | |
they certainly do not sell old bangers, nor do they share | :09:11. | :09:12. | |
Arthur Daley's moral compass! Dan Hodges joins us. Welcome to the | :09:13. | :09:22. | |
programme. Michael, can this be said to be an Autumn Statement that | :09:23. | :09:30. | |
prepares Britain for Brexit? It is... It shows a great deal of | :09:31. | :09:35. | |
caution. The Chancellor has chosen to follow the logic of the forecasts | :09:36. | :09:41. | |
that have been published by the OBR. And that has led him to spend money | :09:42. | :09:46. | |
on infrastructure but also to completely revise, and I'm highly | :09:47. | :09:49. | |
agree with Dan, completely revise the deficit profile. But what we had | :09:50. | :09:56. | |
after June 23 was as great a change, or as great a change as we normally | :09:57. | :10:01. | |
have when the government changes between one party and another. The | :10:02. | :10:06. | |
change to David Cameron from Theresa May, from George Osborne to Phillip | :10:07. | :10:09. | |
Hammond, has been a complete change of government and we now have an | :10:10. | :10:13. | |
absolutely different policy. I sympathise a lot with what you said | :10:14. | :10:17. | |
in the film. I have felt the frustration myself. The fact is that | :10:18. | :10:20. | |
governments are allowed to do almost whatever they want because as soon | :10:21. | :10:23. | |
as they do it it is kind of believable. Whereas oppositions are | :10:24. | :10:28. | |
always struggling to say, we would like to borrow a bit more and people | :10:29. | :10:32. | |
say, you can't possibly do that, but the government always has the | :10:33. | :10:35. | |
permission to do it. So the frustration that you feel that the | :10:36. | :10:39. | |
opposition must feel is actually one that all oppositions feel because | :10:40. | :10:42. | |
the government can get away with virtually anything. Actually, the | :10:43. | :10:45. | |
Autumn Statement has been well received by the markets and the | :10:46. | :10:50. | |
press. Now that the Tories are converted to borrow to invest, where | :10:51. | :10:56. | |
does that leave Labour? I think the Autumn Statement has failed to deal | :10:57. | :10:59. | |
with the two long-term underlying problems in the economy. First, that | :11:00. | :11:04. | |
growth is not fairly spread across the country, and second that many | :11:05. | :11:09. | |
people's wages have been stagnating and they are set to stagnate even | :11:10. | :11:13. | |
more. Then you have the triple whammy, what's happening on Brexit. | :11:14. | :11:19. | |
Forecasts are notoriously difficult to make, but even if they are in the | :11:20. | :11:24. | |
ballpark of what the OBR has said, an additional ?58 billion of | :11:25. | :11:27. | |
borrowing to pay for Brexit is a huge hit to the economy. So I don't | :11:28. | :11:31. | |
think he took the long term decisions. Let me come back to my | :11:32. | :11:35. | |
question, now that the Tories have converted to borrow to invest, what | :11:36. | :11:40. | |
does Labour do? It is right that they want to borrow to invest in | :11:41. | :11:43. | |
capital and infrastructure, but they are not investing in the Emperor | :11:44. | :11:47. | |
structure I believe in the right parts of the country, or in the | :11:48. | :11:50. | |
right way, and many of their decisions will hit the just about | :11:51. | :11:54. | |
managing group that Theresa May says she wants to help. That is the real | :11:55. | :12:00. | |
problem. Where does it leave Labour? Labour is still where it always is, | :12:01. | :12:05. | |
absolutely nowhere. That should have been the statement that cost the | :12:06. | :12:10. | |
Tories the next election. That should have been Theresa May's Black | :12:11. | :12:17. | |
Wednesday. Absolutely staggering fiscal and political U-turn. But | :12:18. | :12:21. | |
again, Labour is not in a position to exploit it. The reason Labour is | :12:22. | :12:25. | |
not in a position to exploit it actually is the same reason why Ed | :12:26. | :12:29. | |
Miliband and Ed Balls were not in a position to exploit the previous | :12:30. | :12:32. | |
government's difficulties, because whatever the government says it is | :12:33. | :12:36. | |
going to spend, Labour cannot get out of the mindset of saying, | :12:37. | :12:40. | |
whatever you spend, we will spend billions more. I think John | :12:41. | :12:43. | |
McDonnell's current figure is 500 million more that Labour is going to | :12:44. | :12:47. | |
spend. That is why Labour cannot exploit what should be the | :12:48. | :12:50. | |
fundamental weakness of the Government, fiscal incompetence. | :12:51. | :12:55. | |
Have we got this right, the way of doing Autumn Statement 's and | :12:56. | :12:59. | |
budgets? Does it make sense to base a whole fiscal strategy for the next | :13:00. | :13:03. | |
five years on forecasts that are no more than guesses, with so much | :13:04. | :13:09. | |
uncertainty around that even the OBR says there may only be a 50% chance | :13:10. | :13:14. | |
of them being right? Is this a sensible way to proceed? When I was | :13:15. | :13:20. | |
in the Treasury, a bright spark said to me, all Treasury forecasts are | :13:21. | :13:26. | |
50% wrong. I said you are really onto something. Are they 50% too | :13:27. | :13:31. | |
high, or too low? He fell silent because we know they are wrong but | :13:32. | :13:34. | |
we do not know how they are wrong. The situation may be much better | :13:35. | :13:38. | |
than set out, but it is also possible it could be much worse. | :13:39. | :13:43. | |
What does the Chancellor do? Since we have established the independence | :13:44. | :13:47. | |
of the OBR and the reports published, I think being a new | :13:48. | :13:50. | |
Chancellor he would be pretty full Hardeep to ignore the forecasts and | :13:51. | :13:57. | |
to say, I will take a rosier view. -- he would be pretty full Hardeep. | :13:58. | :14:06. | |
I suppose going for the forecast is as rational a position as any other. | :14:07. | :14:11. | |
If the forecasts are right, this Conservative government, by 2021, | :14:12. | :14:20. | |
will have presided over a decade of no wage growth in real terms, no | :14:21. | :14:27. | |
wage growth higher than inflation. Which is remarkable, unprecedented | :14:28. | :14:30. | |
in modern times, and not good for the people Theresa May keeps talking | :14:31. | :14:36. | |
about. And yet it looks like it pays no political price for that. Labour | :14:37. | :14:44. | |
needs them to pay a political price for it. You say you can't trust the | :14:45. | :14:47. | |
forecast but you can trust experience. We know that the Tories | :14:48. | :14:52. | |
have failed to hit the borrowing and debt targets, we know that we've | :14:53. | :14:57. | |
already seen wages stagnate actually since before the financial crash. We | :14:58. | :15:02. | |
know that the only two regions in the country whose GDP has got back | :15:03. | :15:07. | |
to pre-crisis levels is London and the south-east so we need a big push | :15:08. | :15:11. | |
out to the other regions. They say they'll invest in infrastructure, it | :15:12. | :15:14. | |
doesn't come on board, they cancel many of the railway and other | :15:15. | :15:18. | |
infrastructure projects and house-building. So why are they | :15:19. | :15:24. | |
paying no price? Over the last five years they were more trusted on the | :15:25. | :15:27. | |
economy than Labour was. That's why over this Parliament we have to make | :15:28. | :15:31. | |
sure that they do pay the price of their past failures but also this | :15:32. | :15:36. | |
cost of Brexit, this ?60 billion cost of Brexit and I think that is | :15:37. | :15:40. | |
the most important thing. Actually where the divide in the Tory is, you | :15:41. | :15:46. | |
are already seeing reports of the Tories who voted Remain really in | :15:47. | :15:50. | |
fury over the forecasts. Really? Who is? Reports tonight of people like | :15:51. | :15:56. | |
Nicky Morgan. She's will always in fury. Rightly so. Who else? People | :15:57. | :16:05. | |
like Anna Soubry. She's always in fury. Why does that make it any less | :16:06. | :16:15. | |
relevant. I'm looking for new names, rather than the same ones? If the | :16:16. | :16:20. | |
Government went three-and-a-half years with no increase in real | :16:21. | :16:22. | |
wages, I think there would be a danger that it would pay a political | :16:23. | :16:26. | |
price, particularly since the Prime Minister's committed herself to help | :16:27. | :16:30. | |
the people who're just about managing. Therefore, of course, the | :16:31. | :16:35. | |
temptation to have a general election earlier than that is | :16:36. | :16:40. | |
enormous. Mrs May's made a lot about these just about managing. She | :16:41. | :16:45. | |
talked about the steps of Downing Street, the Tory conference, the | :16:46. | :16:50. | |
CBI, but you look at the Autumn Statement, there's next to nothing | :16:51. | :16:53. | |
for the just about managings? No, and that is the thing. If you look | :16:54. | :16:58. | |
at what the IFS said today, they were very specific that actually | :16:59. | :17:00. | |
where there is the increase in spending in this ?10 billion, a | :17:01. | :17:04. | |
significant amount, it's going into infrastructure and not sort of | :17:05. | :17:08. | |
alleviating the pressure on the JAMs. I think that's because people | :17:09. | :17:12. | |
learnt something else from this Autumn Statement. There's been a | :17:13. | :17:17. | |
debate about post-war Brexit about whether people were being too | :17:18. | :17:22. | |
pessimistic, about whether the figures were too pessimistic. Philip | :17:23. | :17:26. | |
Hammond thinks Brexit will be an albatross around the neck of the | :17:27. | :17:30. | |
British economy. That is why he is going for the significant capital | :17:31. | :17:33. | |
investment boost because he thinks he needs to put that floor under the | :17:34. | :17:40. | |
British economy. But if inflation rises, if mortgage rates follow and | :17:41. | :17:44. | |
living standards are squeezed in the way we've talked about, maybe Labour | :17:45. | :17:49. | |
has a bigger chance than you think? Well, we'll have to see, but there | :17:50. | :17:54. | |
is no evidence yet - I mean obviously we have had the | :17:55. | :18:01. | |
post-Brexit scenario - Theresa May's just out of sight in terms of the | :18:02. | :18:07. | |
opinion poll ratings. As I said, Labour cannot get itself into a | :18:08. | :18:11. | |
position where it can exploit the difficulties on this because Labour | :18:12. | :18:14. | |
simply does not have any credibility itself on the economy. | :18:15. | :18:17. | |
We are using forecasts from the sort of people who told us we'd be in | :18:18. | :18:24. | |
medium term recession if we voted to leave, collapse in house prices | :18:25. | :18:30. | |
500,000 lost jobs, the OBR forecast shows lower growth, no recession, no | :18:31. | :18:35. | |
collapse in house prices, no 500,000 lost jobs? We have covered that | :18:36. | :18:40. | |
already, the forecast is incredible but we don't exactly know how it | :18:41. | :18:44. | |
will be incredible. But I think there is some political danger over | :18:45. | :18:49. | |
a three-and-a-half year period if Theresa May doesn't find a way of | :18:50. | :18:53. | |
helping the JAMs and we have a budget in the spring and that may | :18:54. | :18:58. | |
look very differently. Meanwhile, the Labour voter is being, you know, | :18:59. | :19:03. | |
the rag that's being waved at the Labour voter is immigration and I | :19:04. | :19:07. | |
think there is great peril that Labour voters will be going over to | :19:08. | :19:10. | |
the Conservatives in northern seats and if she can keep immigration in | :19:11. | :19:13. | |
front of their faces, perhaps they won't think too much about the | :19:14. | :19:15. | |
economy. We shall see as the months go on. | :19:16. | :19:18. | |
Thank you for being with us. Now it's late, sherry and a cheeky | :19:19. | :19:22. | |
snog with Phil Hammond late. But if, like us, you find | :19:23. | :19:27. | |
all this kiss and tell a bit But if, like us, you find all this | :19:28. | :19:31. | |
kiss and tell a bit Comedian and columnist Stewart Lee | :19:32. | :19:34. | |
is waiting in the salubrious This Week waiting room to set us | :19:35. | :19:40. | |
all straight, as he puts This Week waiting room | :19:41. | :19:42. | |
to set us all straight, An ironic choice perhaps, | :19:43. | :19:44. | |
considering his recent incendiary and inappropriate comments | :19:45. | :19:54. | |
about Molly the Dog. If you were wondering what all those | :19:55. | :19:59. | |
Labour MPs could have possibly been doing on their phones | :20:00. | :20:02. | |
during John McDonnell's reply to the Autumn Statement, truth is, | :20:03. | :20:05. | |
they were all racing to poor Like them, we encourage | :20:06. | :20:08. | |
you to join our hacktivism, start the snap-chatter, | :20:09. | :20:12. | |
fire up fiercebook, let's get a twittornado going, | :20:13. | :20:14. | |
we're using #Mollydarity. Now, Liz, Michael | :20:15. | :20:17. | |
and I have some news. I know, it's amazing | :20:18. | :20:20. | |
we've lasted so long. But it came to head when producer | :20:21. | :20:24. | |
told Porty he couldn't order the Blue Nun special reserve | :20:25. | :20:26. | |
with his late-night steak and the whole thing resulted | :20:27. | :20:29. | |
in an unfortunate fracas. But mercifully, we've been given | :20:30. | :20:31. | |
a lucrative online contract so this programme will be bigger | :20:32. | :20:33. | |
and blander than ever. A dramatic development that got | :20:34. | :20:35. | |
political petrolhead Tim Shipman Here's his political | :20:36. | :20:38. | |
round up of the week. # I can see clearly now | :20:39. | :20:50. | |
th rain has gone #. Welcome to this grand tour | :20:51. | :20:53. | |
of the week in Westminster. There'll be plenty of high octane | :20:54. | :20:55. | |
May and Hammond but sadly the BBC can't afford Jeremy Clarkson any | :20:56. | :20:58. | |
more so they found another overweight white middle aged man | :20:59. | :21:01. | |
to do the job instead. It's not just the BBC that's | :21:02. | :21:04. | |
short of money either, the country is struggling too | :21:05. | :21:20. | |
according to spreadsheet Phil whose figures were rather depressing | :21:21. | :21:24. | |
in the Autumn Statement. Today's OBR forecast | :21:25. | :21:28. | |
is for growth to be 2.1% in 2016, In 2017, the OBR forecast | :21:29. | :21:36. | |
growth to slow to 1.4%. Turns out the Chancellor may be | :21:37. | :21:41. | |
more of an adrenaline He was quickly able to swerve around | :21:42. | :21:49. | |
George Osborne's commitment In view of the uncertainty facing | :21:50. | :21:54. | |
the economy and in the face of slower growth forecasts, | :21:55. | :21:58. | |
we no longer seek to deliver Even that was too much austerity | :21:59. | :22:01. | |
for big spending John McDonnell. We've had a month of briefing | :22:02. | :22:07. | |
from the party opposite on those people who're called just | :22:08. | :22:14. | |
about managing, the JAMs. It's the results of Tories imposing | :22:15. | :22:17. | |
austerity on an economy that At least Britain can | :22:18. | :22:21. | |
get by with a little The President Elect | :22:22. | :22:28. | |
of the United States spent more time on the phone with Piers Morgan | :22:29. | :22:54. | |
than with Theresa May. The next stop in the political week | :22:55. | :22:57. | |
saw Theresa May cranking up Brexit speculation by another gear | :22:58. | :23:09. | |
at the CBI. She gave a speech putting | :23:10. | :23:12. | |
into reverse her claims that she wouldn't tell us anything | :23:13. | :23:16. | |
about Brexit and gently suggested that there might be | :23:17. | :23:20. | |
an interim deal first. They want to know with some | :23:21. | :23:22. | |
certainty how things That will be part of the work we do | :23:23. | :23:27. | |
in terms of the negotiation that we are undertaking | :23:28. | :23:33. | |
with the European Union. Despite all this talk | :23:34. | :23:40. | |
about Brexit meaning Brexit, we are still stuck on the starting | :23:41. | :23:45. | |
grid waiting for the green light With the Speedo stuck on zero, | :23:46. | :23:49. | |
what better time for Brexit secretary David Davis to head | :23:50. | :23:59. | |
to Brussels to thaw out the frozen windscreen of our relations | :24:00. | :24:04. | |
with our European Parliament? He races British classic cars | :24:05. | :24:07. | |
and we got on very well. It was a very useful, | :24:08. | :24:22. | |
constructive conversation, Moderate Labour MPs are desperate | :24:23. | :24:24. | |
to get more mileage out of their time in Parliament | :24:25. | :24:56. | |
that their constituency associations are filling up with Corbynistas | :24:57. | :25:00. | |
who want to deselect them. Labour Leadership doesn't involve | :25:01. | :25:05. | |
itself in local selections. I think Hilary Benn's got | :25:06. | :25:09. | |
a fantastic role to play. He's a friend of mine and I hope | :25:10. | :25:17. | |
he continues to play a role That's as far as you're | :25:18. | :25:21. | |
going to go on it? We can't interfere in local | :25:22. | :25:24. | |
democracy, we are Not much comradely solidarity | :25:25. | :25:26. | |
from John McDonnell, The one direction of travel | :25:27. | :25:30. | |
we did get this week was from Prime Minister's Questions | :25:31. | :25:44. | |
where Jeremy Corbyn criticised the Government for telling | :25:45. | :25:46. | |
patients that they need to show their passports | :25:47. | :25:49. | |
before getting treatment. The last census showed us that | :25:50. | :25:53. | |
9.5 million people in this country Rather than distracting people | :25:54. | :25:57. | |
with divisive and impractical policies, could the Prime Minister | :25:58. | :26:02. | |
provide the NHS and social care with the money that it needs to care | :26:03. | :26:06. | |
for the people who need the support? But Mrs May was not knocked | :26:07. | :26:12. | |
from her saddle. We want to make sure that those | :26:13. | :26:17. | |
who are entitled to use the services are indeed able to see those free | :26:18. | :26:24. | |
at the point of delivery but that we deal with health tourism | :26:25. | :26:27. | |
and those who should be paying Another thrilling exchange | :26:28. | :26:30. | |
there between the Prime Minister The perfect steed for the last | :26:31. | :26:36. | |
leg of our grand tour. One person who's definitely | :26:37. | :26:49. | |
on the starting grid is Nigel Farage whose love affair | :26:50. | :26:55. | |
with the Donald hit new heights when the President Elect said | :26:56. | :26:58. | |
he should be the new I was surprised by it, | :26:59. | :27:00. | |
it was a bolt out of the blue, It shows he's got some | :27:01. | :27:11. | |
confidence in me. # I think I can make it now | :27:12. | :27:16. | |
the pain has gone #. So if he's not going to Washington, | :27:17. | :27:20. | |
what do we do with naughty Nigel? He loves his country casual clothes, | :27:21. | :27:23. | |
he's occasionally rude to foreigners, perhaps a job on Top | :27:24. | :27:25. | |
Gear or The Grand Tour beckons? We're joined in the studio | :27:26. | :27:30. | |
by a young go getter who is the dark horse in the race to become | :27:31. | :27:43. | |
Britain's next ambassador to the US. Extraordinary, plenipotentiary | :27:44. | :27:49. | |
and the man who is single handedly responsible for the skyrocketing | :27:50. | :27:54. | |
Irn Bru sales in Parliament, SNP superstar and Nicola Sturgeon's | :27:55. | :27:58. | |
biggest threat, John Nicolson. Welcome back to the programme. | :27:59. | :28:12. | |
Hello, Andrew. An extra ?800 million for Scotland in this Autumn | :28:13. | :28:14. | |
Statement. How are you going to spend it all? I don't know the | :28:15. | :28:18. | |
answer to that question, I'm afraid. I don't have my hands on the purse | :28:19. | :28:24. | |
strings of the Scottish government so that, of course, will be for our | :28:25. | :28:29. | |
Finance Secretary to unveil. You will need it now that this ?10 | :28:30. | :28:34. | |
billion trade deal with China has unravelled, the Chinese calling it a | :28:35. | :28:38. | |
Scottish shambles? Some Chinese people are calling it a Scottish | :28:39. | :28:43. | |
shambles. The ones who're involved. Some are calling it a Chinese | :28:44. | :28:48. | |
shambles. Who needed it more? ! Well... I think you have answered | :28:49. | :28:53. | |
the question. Well, of course, it didn't end quite as we would have | :28:54. | :28:57. | |
liked. Nicola Sturgeon talks about the | :28:58. | :29:00. | |
uncertainty caused by Brexit and so on but I suggest the biggest | :29:01. | :29:03. | |
uncertainty is not Brexit in Scotland, it's the prospect of a | :29:04. | :29:09. | |
second referendum? Which of course the Conservative Leader talks about | :29:10. | :29:13. | |
every day incessantly. The people who talk about the second referendum | :29:14. | :29:18. | |
all the time are the Scottish Tories because they've got a battle plan | :29:19. | :29:21. | |
which is to peel away the unionist right from the Labour Party and to | :29:22. | :29:26. | |
get them to vote Tory. They are quite successful. I can't remember | :29:27. | :29:31. | |
the last time I talked about a second referendum. I'm asked about | :29:32. | :29:35. | |
it by journalists and hear Ruth Davidson talking about it all the | :29:36. | :29:38. | |
time. Nicola Sturgeon talks about it? A bit. A bit. At her Party | :29:39. | :29:44. | |
Conference. There is no secret the SNP's committed... That's what she | :29:45. | :29:55. | |
said. Draft legislation. It will come as no surprise that we want to | :29:56. | :29:59. | |
see Scottish independence and the manifesto, as you know, said that... | :30:00. | :30:03. | |
But you lost. Said if there was a material change in circumstances | :30:04. | :30:06. | |
which there clearly has been, they reserve the right to hold another | :30:07. | :30:11. | |
one. But if you are a business in Scotland, only 17% of your exports | :30:12. | :30:19. | |
go to Europe. 65% come south of the border. So the prospect of a second | :30:20. | :30:25. | |
referendum is much more unsetenling than Brexit? | :30:26. | :30:29. | |
foolhardy unless we take Mrs May at her word and she is going to get | :30:30. | :30:36. | |
this cracking deal with the European Union, and Scotland as a member of | :30:37. | :30:39. | |
the European Union would have the best of both worlds, as we were | :30:40. | :30:43. | |
promised, independence, plus trade with the European Union as a | :30:44. | :30:48. | |
European member with the UK, or the rest of the UK. | :30:49. | :30:55. | |
So hardly a material change in circumstances after all? It depends | :30:56. | :31:00. | |
how it all pans out. Is the triple lock on pensions, given the | :31:01. | :31:06. | |
Chancellor's references to it, are its days numbered? Yes, I imagine | :31:07. | :31:12. | |
they are. One of the things we have seen is the redistribution of wealth | :31:13. | :31:17. | |
towards older people, and the further impoverishment of the young | :31:18. | :31:21. | |
people. There has been an absolute guarantee for older people, and that | :31:22. | :31:25. | |
guarantee will not be appropriate in our new economic circumstances, or | :31:26. | :31:29. | |
even in our old economic circumstances. The IFS chart today, | :31:30. | :31:38. | |
where the average wages in real terms do not rise at all until the | :31:39. | :31:41. | |
beginning of the next decade, if they're in, if you break it down by | :31:42. | :31:46. | |
age, if you are over 60 they have risen pretty strongly. If you are | :31:47. | :31:50. | |
between 18 and 30, they have not just stayed flat, they have actually | :31:51. | :31:54. | |
gone down. But who will have the guts to do this? I think the | :31:55. | :32:01. | |
Chancellor is right to look at this. The very first OBR report said | :32:02. | :32:05. | |
unless we look at the impact of all of us living for longer, not just | :32:06. | :32:09. | |
pensions but health and social, too, it will mean public finances are not | :32:10. | :32:13. | |
sustainable over the long term. I think he is right to look at it. We | :32:14. | :32:18. | |
know that those who have benefited most over recent years have | :32:19. | :32:22. | |
predominantly been those over 60 who owned properties in London and the | :32:23. | :32:26. | |
south-east. It is not fair to see the working age population carry | :32:27. | :32:30. | |
this burden, but it is politically toxic, very difficult indeed. And | :32:31. | :32:37. | |
young people say, you baby boomers voted for Brexit and have landed us | :32:38. | :32:40. | |
with this economic chaos, and now you want us to deal with the | :32:41. | :32:43. | |
economic chaos and guarantee your pensions. I am not saying that is a | :32:44. | :32:49. | |
fair charge but it is what some people say. I do not think that is | :32:50. | :32:56. | |
how families are. If I think of my parents, classic baby boomers, | :32:57. | :32:58. | |
benefited from free education, they own their own home, they are as | :32:59. | :33:03. | |
worried about my brother and his kids, whether he can afford the | :33:04. | :33:06. | |
house to send the kids to university. My brother is worried | :33:07. | :33:10. | |
about them if they get old and frail and need help and support. We do not | :33:11. | :33:15. | |
need to see this as a war of the generations because families want to | :33:16. | :33:19. | |
help one another, but it is the politics that is difficult. Going | :33:20. | :33:23. | |
back to the borrowing, scarcely anyone mentions that all the extra | :33:24. | :33:27. | |
borrowing is simply a burden being passed down to future generations. | :33:28. | :33:32. | |
That means when interest rates have risen again, servicing the debt will | :33:33. | :33:36. | |
be expensive and there will be less to spend on health, welfare and so | :33:37. | :33:43. | |
on. Nigel Farage. Christmas comes every day for him. Absolutely | :33:44. | :33:48. | |
astonishing. You have to acknowledge that the man plays his hand | :33:49. | :33:52. | |
brilliantly. He has a major part in British history. He spooked the last | :33:53. | :33:57. | |
Prime Minister into holding a referendum. He called it right on | :33:58. | :34:03. | |
Trump when the British government called it wrong, and he is reaping | :34:04. | :34:07. | |
the rewards. It is so delicious, that he will end this year possibly | :34:08. | :34:11. | |
as an economic migrant, moving to the United States. You could not | :34:12. | :34:17. | |
make it up. He has described it as nonsense. I think he knows he is not | :34:18. | :34:20. | |
going to the British ambassador in Washington. Maybe Kazakhstan. Was it | :34:21. | :34:28. | |
definitely a snub by Trump? He is so unsophisticated that he might just | :34:29. | :34:33. | |
think that every time there is an election, the administration | :34:34. | :34:40. | |
changes. Even so, he understands different parties, having just | :34:41. | :34:44. | |
fought an election. He would understand that this fellow is not | :34:45. | :34:48. | |
in the Conservative Party. So you have just lost a 10 billion | :34:49. | :34:52. | |
free-trade deal with China, you have now called unsophisticated this | :34:53. | :34:56. | |
massive investor in two Scottish golf courses. Let's go for a | :34:57. | :35:00. | |
hat-trick. Who else do you want to insult to night? I think John has | :35:01. | :35:06. | |
forgotten that he has won the election. He is going to be the | :35:07. | :35:10. | |
President of the United States. Time to bow down. We can all Google what | :35:11. | :35:16. | |
was said before. We can't backtracking on our views, can we? | :35:17. | :35:23. | |
Why'd you think Sammy Brexit supporters are over the moon at Tony | :35:24. | :35:27. | |
Blair take that -- making a comeback? He is a polarising person, | :35:28. | :35:35. | |
definitely marmite. He is always worthless and into and I think he is | :35:36. | :35:38. | |
asking the right questions about Brexit. He is saying the way we deal | :35:39. | :35:43. | |
with the problem is globalisation is creating is not to be shy and | :35:44. | :35:48. | |
pretend we can be isolationist. Is he a help or a hindrance? For the | :35:49. | :35:54. | |
people who like him, for those who want someone standing up for the | :35:55. | :35:58. | |
48%, he will help. For those who hate him, they will carry on. The | :35:59. | :36:03. | |
initial reaction is to say, bring it on, we would love him to come along | :36:04. | :36:09. | |
because he is so unpopular. But actually one has to remember he is a | :36:10. | :36:14. | |
formidable politician. For ten years he was Prime Minister and no one | :36:15. | :36:18. | |
could lay a glove on him, so I don't want to be quite as glib as to say | :36:19. | :36:24. | |
that. He is fantastically articulate, quite toxic, great for | :36:25. | :36:26. | |
the Scottish National Party because he killed the Labour Party in | :36:27. | :36:32. | |
Scotland. There we are, we got a hat-trick. Thank you. | :36:33. | :36:35. | |
It's been a week of rather bad manners folks. | :36:36. | :36:37. | |
Some actors were rude to Mike Pence, Tony Blair threatened a comeback | :36:38. | :36:40. | |
and Labour MPs completely ignored their own shadow chancellor. | :36:41. | :36:51. | |
To top it all off Potry was thrown out of LouLou's for trying to pardon | :36:52. | :36:55. | |
a turkey in the middle of the restaurant. | :36:56. | :37:01. | |
But, thankfully, Nigel Farage is the gift that keeps on giving. | :37:02. | :37:03. | |
He showed us that it's not actually rude for a US President | :37:04. | :37:06. | |
to tell us what to do, especially if he gets a job from it. | :37:07. | :37:10. | |
Which is why Stewart Lee is putting our Ps and Qs | :37:11. | :37:13. | |
I want to wish you a very happy Thanksgiving. | :37:14. | :37:23. | |
It's that time of year when the President politely grants | :37:24. | :37:27. | |
a turkey reprieve from the heat of the White House oven. | :37:28. | :37:31. | |
Tot, I hereby pardon you from the Thanksgiving table | :37:32. | :37:37. | |
and we hope you have a wonderful time in Gobbler's Rest. | :37:38. | :37:44. | |
Mike Pence wasn't spared a roasting on Friday night. | :37:45. | :37:48. | |
Your new administration will not protect us... | :37:49. | :37:53. | |
Was it bad manners for cast members of the musical Hamilton to single | :37:54. | :37:56. | |
out the incoming Vice-President after their performance? | :37:57. | :37:59. | |
I'll leave to others whether it was the appropriate venue to say it. | :38:00. | :38:04. | |
Were the American music awards a really an appropriate place | :38:05. | :38:06. | |
for model Gigi Hadid to lampoon the future First Lady this week? | :38:07. | :38:11. | |
In more salacious news on the eve of his Autumn Statement, | :38:12. | :38:27. | |
we learned about spreadsheet Phil's teenage kicks. | :38:28. | :38:29. | |
We ended up having a bit of a cheeky snog. | :38:30. | :38:32. | |
That's the little bit I like to call when polite conversation goes wrong. | :38:33. | :38:41. | |
Stewart Lee's made a successful career out of poking fun at people. | :38:42. | :38:45. | |
So are manners really that important? | :38:46. | :38:48. | |
Welcome back to the programme. In a recent article you were very polite | :38:49. | :39:04. | |
about this programme. I was. I will come back to Molly the dog in a | :39:05. | :39:08. | |
minute, whose friend is a pit bull terrier waiting outside the door. | :39:09. | :39:12. | |
You said you would rather not be polite to particular politicians. | :39:13. | :39:18. | |
Why? I had just come off being backstage in the greenroom at Robert | :39:19. | :39:23. | |
Peston's show, and inferior copy of this. I like him already. I was | :39:24. | :39:30. | |
sitting with Suzanne Evans from Ukip. I am a stereotype member of | :39:31. | :39:35. | |
the metropolitan Liberal elite, so I felt I ought to disagree with her. | :39:36. | :39:39. | |
On the other hand, I thought, we are backstage in this place where we | :39:40. | :39:43. | |
have been taken to do a job. I could not work out the ethics. With that | :39:44. | :39:47. | |
little bit of film you played there, with the cast of that musical | :39:48. | :39:51. | |
addressing Mike Pence directly, there seem to be all sorts of | :39:52. | :39:54. | |
problems where people feel very polarised about what is happening in | :39:55. | :39:57. | |
the world and we don't know the rules of engagement. You said you | :39:58. | :40:02. | |
wanted to stop doing shows like this so that you stop meeting people you | :40:03. | :40:06. | |
think you should despise but felt friendly towards. Actually, I do not | :40:07. | :40:12. | |
like Dan Hann and because he or its likes me off in the paper, but I sat | :40:13. | :40:16. | |
there listening to what he was talking about and he said a | :40:17. | :40:19. | |
brilliant sentence, that Matthew Parris lives in the Spanish cave. If | :40:20. | :40:23. | |
I had got into an argument with him I would not have heard that | :40:24. | :40:27. | |
sentence. That is the value of politeness. He has a Spain at -- a | :40:28. | :40:34. | |
cave in Spain that he lives in, Matthew Parris. Next to Michael. And | :40:35. | :40:41. | |
then the SNP bloke said they are all living in caves now. The caves have | :40:42. | :40:45. | |
been gentrified. I now know that as a result of politeness. The danger | :40:46. | :40:51. | |
of what you are saying is that you end up only speaking to people you | :40:52. | :40:55. | |
are broadly in agreement with, or listening to people you are broadly | :40:56. | :40:59. | |
in agreement with. You end up, very much like America, if you are right | :41:00. | :41:02. | |
when you watch Fox News and if you are left you watch... Radio stations | :41:03. | :41:10. | |
cater, it is an echo chamber. This is a problem and something I will | :41:11. | :41:14. | |
write about in the new show. Our next destination on the internet is | :41:15. | :41:18. | |
generated by our grip is. If you like this, see this. People go down | :41:19. | :41:23. | |
wormholes where they only follow their own views. The days when you | :41:24. | :41:26. | |
would read a newspaper and accidentally come across a story | :41:27. | :41:30. | |
that was about someone you did not already know about are on the way | :41:31. | :41:34. | |
out. The polarised results in the Brexit vote and in the Trump vote | :41:35. | :41:39. | |
are partly about this. Before I came out tonight to do my show at 5:30pm | :41:40. | :41:43. | |
I always look at the internet to see if anyone I am doing a joke about as | :41:44. | :41:48. | |
lost their job suddenly. The trending story on Twitter was that | :41:49. | :41:51. | |
Clint Eastwood has refused an honour from Obama and said, he is not my | :41:52. | :41:57. | |
President. Three minutes later, I searched it and it was a fake news | :41:58. | :42:02. | |
story. The problem now is that this is out there everywhere and people | :42:03. | :42:08. | |
can follow fake news stories. There is no filter. Let me come back to | :42:09. | :42:15. | |
politeness. You always struck me as polite. Do you think you have been | :42:16. | :42:19. | |
too polite over the years? Possibly a little too polite. But I do value | :42:20. | :42:26. | |
politeness. And I have always been amazed how much politeness I have | :42:27. | :42:30. | |
received. When I was a politician I was quite unpopular and yet people I | :42:31. | :42:34. | |
met in the street, on the whole, either decided not to speak to me, | :42:35. | :42:38. | |
or they would speak to me very politely. I have only had two or | :42:39. | :42:42. | |
three instances of people being really foul in the street, which | :42:43. | :42:45. | |
considering I was quite high profile is quite surprising. You are quite | :42:46. | :42:51. | |
polite, too, Liz, but people were not always polite to you in that | :42:52. | :42:58. | |
campaign. No, they were not. But I think you can be angry about an | :42:59. | :43:01. | |
issue but polite to the person. You remember during the referendum | :43:02. | :43:05. | |
campaign I was in one of your debates with Dan Hun An and Nigel | :43:06. | :43:12. | |
Farage on the other side. And you have to see them backstage and you | :43:13. | :43:15. | |
want to be polite. You're not going to get into a big chat, but you have | :43:16. | :43:19. | |
to talk to people who don't agree with you. I have to knock on any | :43:20. | :43:23. | |
door, find out what people think, and some of them are deeply angry | :43:24. | :43:28. | |
and completely against my party, but you can hopefully do it in a polite | :43:29. | :43:34. | |
way. What are you up to now? I have a new show called Content Provider | :43:35. | :43:40. | |
and then I will be on the road for a year and a half, as long as the news | :43:41. | :43:45. | |
still has some relationship with the story I originally wrote. Everybody | :43:46. | :43:47. | |
is being polite about it. Come back. But not for us because we're heading | :43:48. | :43:54. | |
to LouLou's where Bear Grylls has set up a Ukip leadership survival | :43:55. | :43:59. | |
course complete with hand-to-hand combat and a step by step guide | :44:00. | :44:01. | |
on how to apply for a US Green Card. Nigel Farage sadly can't attend | :44:02. | :44:05. | |
as he's too busy helping Donald Trump pick Theresa | :44:06. | :44:09. | |
May's next cabinet. Nighty night, don't let | :44:10. | :44:11. | |
the ambassador's chocolates bite. The ambassador's receptions | :44:12. | :44:13. | |
are noted in Society for their host's exquisite taste, | :44:14. | :44:15. | |
that captivates his guests. Well, I have to say, you're not | :44:16. | :44:21. | |
laughing now, are you. I know that virtually none | :44:22. | :44:27. | |
of you have ever done a proper job You, as a political | :44:28. | :44:31. | |
project, are in denial. Do enjoy the tenth birthday | :44:32. | :44:39. | |
of the euro, because I very much doubt you'll be | :44:40. | :44:42. | |
celebrating the 20th. Obama and all those ghastly people | :44:43. | :44:46. | |
are out and the Trump people Monsieur, with these Rocher | :44:47. | :44:49. | |
you're really spoiling us. Give yourself a huge round | :44:50. | :45:00. | |
of applause. | :45:01. | :45:04. |