Browse content similar to 16/09/2016. Check below for episodes and series from the same categories and more!
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My large ladies and gentlemdn, after a speech like that, I'd feel like | :00:18. | :00:26. | |
going back and sitting down. -- Lords. I would like to say welcome | :00:27. | :00:31. | |
to Bournemouth. Welcome to Lr Cameron's retirement party. | :00:32. | :00:34. | |
APPLAUSE . | :00:35. | :01:14. | |
Let us consider some of the threats we faced. From George Osborne | :01:15. | :01:22. | |
warning us of spending cuts, tax rises, an emergency budget hf there | :01:23. | :01:30. | |
was a vote Leave. David Camdron it it is deeply concerning that the | :01:31. | :01:34. | |
Leave campaign is criticising the bank of England. We should listen to | :01:35. | :01:42. | |
experts. When they warned us of the dangers of leaving the European | :01:43. | :01:48. | |
union. The former Attorney General told Newsnight that the votd Leave | :01:49. | :01:54. | |
blueprint would lead to a chaotic departure. Britain is stronger in | :01:55. | :01:59. | |
Europe. Believe campaign do not want to listen to economic experts. The | :02:00. | :02:05. | |
all agree that leaving the DU would break our economy and hammer family | :02:06. | :02:14. | |
finances. On the 23rd of June, we can put our faith in economhc | :02:15. | :02:20. | |
experts across the globe, or take a leap in the dark with the Ldave | :02:21. | :02:26. | |
campaign. Now Wall Street b`nks eat their words on Brexit. JP Morgan and | :02:27. | :02:32. | |
Morgan Stanley warned of an economic slump on the leaderboard. These | :02:33. | :02:43. | |
U-turns came as sterling rose above $1 34 to be pound very time since | :02:44. | :02:52. | |
mid-July. The OECD said the vote to Leave would be a major negatives | :02:53. | :03:00. | |
shock to the UK economy. Now it says the outlook is far brighter than it | :03:01. | :03:05. | |
predicted. By the way, a former bank of England deputy governor says | :03:06. | :03:09. | |
economic forecasts should bd taken with a pinch of salt. The UK economy | :03:10. | :03:16. | |
is still growing. Where are the doom laden predictions of Cameron, | :03:17. | :03:20. | |
Osborne and most of the bankers s Cameron said the Leave vote would | :03:21. | :03:25. | |
put a bomb under the economx and on top of it, as I recall. Osborne | :03:26. | :03:32. | |
predicted a do-it-yourself recession. Morgan Stanley predicted | :03:33. | :03:36. | |
a slowdown rather than a Brdxit depression. Economists predhcted a | :03:37. | :03:45. | |
sharp slowdown. It was predhcted the FTSE index would crash more than a | :03:46. | :03:47. | |
fifth, it is up by more than 11 . The bankers are wrong about Brexit | :03:48. | :04:03. | |
and were wrong about ending boom and bust and were wrong about the 2 08 | :04:04. | :04:08. | |
crisis. Even our Chancellor, or former Chancellor, seems to have | :04:09. | :04:13. | |
missed all of his budget forecasts over the years. Unlike home, most of | :04:14. | :04:21. | |
the bankers still have their jobs. The Remain claim that leaving would | :04:22. | :04:25. | |
make everyone for a thousand ?3 0 worse off. Where on earth dhd that | :04:26. | :04:32. | |
figure come from? Former Prhme Minister Gordon Brown said Labour | :04:33. | :04:38. | |
would get an extra ?35 millhon funding from the EU if we Rdmain. | :04:39. | :04:44. | |
Another method. The economy continues to grow. -- myth. Exports | :04:45. | :04:54. | |
are up and investment plans are up. Retail is up and 27 countrids have | :04:55. | :04:58. | |
approached us already for trade deals. How wrong can these dxperts | :04:59. | :05:00. | |
be? APPLAUSE | :05:01. | :05:11. | |
Even the numbers on the dold are up, sorry, down. I will read th`t again. | :05:12. | :05:26. | |
Even the numbers on the dold fell. We can meet for the 3 million job | :05:27. | :05:32. | |
losses the roosters forecast. What about the 5 million jobs thd EU will | :05:33. | :05:44. | |
lose. Two major overseas banks have both reiterated their intention to | :05:45. | :05:48. | |
open new headquarters officds and trading floors in London. | :05:49. | :05:49. | |
APPLAUSE Even the head of advertising giant | :05:50. | :06:05. | |
and a fervent Remain supporters says his global company is benefhting | :06:06. | :06:12. | |
from a post Brexit recovery and the lower pound makes our exports more | :06:13. | :06:19. | |
competitive. All these Remahn scarce remind me of the Remain man on | :06:20. | :06:26. | |
Westminster Bridge who saw `nother man on a parapet about jump into the | :06:27. | :06:27. | |
river. He grabbed the man by the ankles | :06:28. | :06:30. | |
and asked him what he was The man mumbled something | :06:31. | :06:33. | |
about recession, trade barrhers economic disaster and war | :06:34. | :06:36. | |
if the voters believe. The Remain man asked in to calm down | :06:37. | :06:40. | |
and tell him all A vote to Leave surely could not | :06:41. | :06:43. | |
be as bad as all that. Five minutes later | :06:44. | :06:54. | |
they both jumped off the Without Nigel's inspiration`l | :06:55. | :06:56. | |
leadership, none of Let us also not forget | :06:57. | :07:12. | |
those who founded And held Ukip together | :07:13. | :07:25. | |
for all those years in We owe gratitude to | :07:26. | :07:37. | |
Nigel and all of you May I add to the chairman | :07:38. | :07:44. | |
of Express Newspapers Daily Express for his | :07:45. | :07:55. | |
support for many years for the beliefs that we as | :07:56. | :08:10. | |
Ukip hold. Even though I am the deputy | :08:11. | :08:14. | |
chairman of Express, unpaid, I only received one grumpy call | :08:15. | :08:19. | |
from Nigel during the whole campaign, which I | :08:20. | :08:30. | |
thought was pretty good. Let us not forget that in electing | :08:31. | :08:32. | |
a new leader after a very strong leader, there m`y be | :08:33. | :08:35. | |
disgruntled members who seek to One only needs to look | :08:36. | :08:38. | |
at what happened in the Conservative Party after | :08:39. | :08:54. | |
Margaret Thatcher was forced out. It had a succession of leaddrs | :08:55. | :08:57. | |
who were unable to establish their atthority | :08:58. | :09:02. | |
and it disappeared into the Let us rally round our | :09:03. | :09:04. | |
new leader, whoever There might still be | :09:05. | :09:11. | |
an early election if the Prime Minister cannot gdt her | :09:12. | :09:17. | |
programme approved by parli`ment. However, we should not be | :09:18. | :09:21. | |
frightened by an election. I do not really understand | :09:22. | :09:26. | |
what we are talking about. We now have, thanks to Cameron | :09:27. | :09:35. | |
changing the law, a five-ye`r parliamentary term | :09:36. | :09:38. | |
and an early election can only be called if | :09:39. | :09:39. | |
the House of Commons resolves that this | :09:40. | :09:44. | |
house has no confidence in Her Majesty's Government, | :09:45. | :09:47. | |
or if the House of Commons with the support of two thirds | :09:48. | :09:49. | |
of the total membership resolves that there should be | :09:50. | :09:51. | |
an early parliamentary election Looking at the state | :09:52. | :09:54. | |
of the Labour Party, Difficult as an early electhon | :09:55. | :09:57. | |
is, we must be ready. With our increased support | :09:58. | :10:18. | |
in the country, we must takd the opportunity to review | :10:19. | :10:21. | |
and revise our rule book is needed. This must include revisiting | :10:22. | :10:26. | |
the role of the NEC, who have done much | :10:27. | :10:28. | |
valuable unpaid work. In my opinion, a small group of | :10:29. | :10:42. | |
say, six should be formed bx the new leader to make recommendations | :10:43. | :10:45. | |
to you, the members. Be magnanimous in victory | :10:46. | :10:47. | |
and gracious in defeat. Sadly, many of the Remainers seem | :10:48. | :10:58. | |
unable to accept the result. I feel like asking | :10:59. | :11:05. | |
them to a funeral to When you think that | :11:06. | :11:07. | |
one and a half million Remain, out of a record number | :11:08. | :11:10. | |
who voted, you have to ask, do they If at the last election | :11:11. | :11:19. | |
20,000, yes, 20,000 voters, in the most marginal | :11:20. | :11:21. | |
Conservative seats had instdad voted for the runner-up, the Consdrvatives | :11:22. | :11:25. | |
would have lost over 20 seats and Is that marginal enough | :11:26. | :11:31. | |
to call another general We are not Brussels, when a country | :11:32. | :11:35. | |
votes against the Lisbon Treaty they ask them to keep | :11:36. | :11:48. | |
on voting until they vote in favour. There were two organisations vying | :11:49. | :11:51. | |
for the official designation in the The winner getting a Governlent | :11:52. | :11:54. | |
grant and raise and spend I was on the board of | :11:55. | :11:58. | |
Go Movement with Nigel and the The Cabinet ministers | :11:59. | :12:11. | |
joined the vote Leave. A committee was formed | :12:12. | :12:15. | |
in Parliament by vote Leave, Like many large committees, | :12:16. | :12:28. | |
it did not seem to achieve a great deal except to be | :12:29. | :12:32. | |
not the least bit interested in my suggestion that we should all work | :12:33. | :12:35. | |
together with Ukip, which I thought Without Nigel and Ukip, | :12:36. | :12:38. | |
there would never have been a Sadly, even the Government | :12:39. | :12:44. | |
did not want my help As far as the campaign | :12:45. | :12:53. | |
was concerned, when we got onto the subject of immigration | :12:54. | :13:01. | |
we were in danger of losing. The vote Leave campaign | :13:02. | :13:08. | |
did not want to Even amongst a group | :13:09. | :13:10. | |
supposedly working together, one of us | :13:11. | :13:18. | |
was described by one MP on the Vote Leave side as | :13:19. | :13:25. | |
toxic. Well, toxic enough to get | :13:26. | :13:26. | |
17.5 million votes. It is not racist to talk | :13:27. | :13:31. | |
about the problems of mass 700,000 gross a year, | :13:32. | :13:33. | |
this is the figure to concentrate on, inaccurate as it may be, | :13:34. | :13:43. | |
when you consider more insurance numbers are granted | :13:44. | :13:49. | |
to non-UK citizens a year. The No campaign, deploying | :13:50. | :14:01. | |
Obama, forgot to consider The EU has not agreed | :14:02. | :14:07. | |
a single one of the 27 The transatlantic trade invdstment | :14:08. | :14:13. | |
partnership, plus that treaty threatened a Pandora's box | :14:14. | :14:27. | |
of corporate law suits. The US desire for health | :14:28. | :14:30. | |
countries should be able to sue those governments in order | :14:31. | :14:36. | |
to participate or get compensation. Therefore, under that agreelent | :14:37. | :14:40. | |
could have been by advised. Think how much easier | :14:41. | :14:56. | |
it will be for one country, the UK, to | :14:57. | :14:59. | |
negotiate trade deals. After all, Norway did it | :15:00. | :15:01. | |
in Deploying Tony Blair, Tony Blair, | :15:02. | :15:02. | |
Gordon Blair, and every Tom Dick and Harry, | :15:03. | :15:10. | |
was counter-productive. We know for example, | :15:11. | :15:13. | |
one of the major contributors to the CBI | :15:14. | :15:18. | |
in money terms is the EU. Government of the bank of England, | :15:19. | :15:21. | |
claiming the forecast beford and after the vote help to | :15:22. | :15:26. | |
steady the ship and meant the effects were not as bad | :15:27. | :15:28. | |
as they might have been. I am only a Cambridge | :15:29. | :15:36. | |
economist, I could not get From my experience, a quartdr | :15:37. | :15:39. | |
point cut in interest few bonds does not make | :15:40. | :15:51. | |
a difference to anything. How could such a minor gesttre | :15:52. | :15:55. | |
have an effect One might ask why are | :15:56. | :15:58. | |
we cutting interest rates in the first place just as | :15:59. | :16:11. | |
inflation is picking up? Brexit | :16:12. | :16:15. | |
will not cause a loss In mind all the doomsters forecasts, | :16:16. | :16:17. | |
all of the major indicators of | :16:18. | :16:20. | |
the vote is remarkable. The bank created the impression that | :16:21. | :16:22. | |
exiting would Why did they not say before | :16:23. | :16:25. | |
that this disaster could be avoided by a quarter point | :16:26. | :16:34. | |
cut in interest rates? What a terrible shame | :16:35. | :16:38. | |
that both did not remain independent | :16:39. | :16:48. | |
and above the fray. We were not greatly | :16:49. | :16:52. | |
concerned with project fear. Cameron and company | :16:53. | :16:59. | |
having won, thought they We made mistakes too, but wd had | :17:00. | :17:01. | |
you on the ground and the whole As they say, you cannot win | :17:02. | :17:15. | |
a war without boots on Remainers were so busy fiddling | :17:16. | :17:18. | |
around Westminster that May I just add, never | :17:19. | :17:22. | |
underestimate an opponent, especially a swivel-eyed blhnkered | :17:23. | :17:35. | |
loon and a fruit cake. There have been lots | :17:36. | :17:39. | |
of suggestions of where after Brexit, ranging | :17:40. | :17:57. | |
from here to Albania, Switzerland | :17:58. | :17:59. | |
but the doctor may the best option, to avoid all the endless prdssure | :18:00. | :18:02. | |
groups, as to either to declare the UK a free | :18:03. | :18:04. | |
trade area or join the World Trade Let us pause on Germany | :18:05. | :18:07. | |
for a moment. We hear allsorts of scare | :18:08. | :18:27. | |
stories about trade after The previous Speaker but it | :18:28. | :18:30. | |
extremely well. An excellent report | :18:31. | :18:38. | |
from Barclay bank, Germany trade surplus with the UK | :18:39. | :18:41. | |
is nearly 2% of their GDP. The UK is Germany's | :18:42. | :18:48. | |
third-largest export market with Germany's exports to the UK | :18:49. | :18:50. | |
increased by 50% from 2010 to 2 15. 8% of German goods | :18:51. | :18:55. | |
exports come to the UK. Cars and other vehicles | :18:56. | :19:00. | |
were Does anyone seriously believe | :19:01. | :19:02. | |
they want trade barriers ag`inst UK But to try and satisfy everx | :19:03. | :19:11. | |
pressure group is impossibld. The threat that many | :19:12. | :19:25. | |
companies will be Sooner or later, people | :19:26. | :19:27. | |
will realise that to relocate businesses to France, | :19:28. | :19:30. | |
Italy, Spain, Greece... Turkey or even | :19:31. | :19:36. | |
Germany presents a huge and rising risk when you look | :19:37. | :19:45. | |
at the state of the EU. You may even have seen | :19:46. | :19:48. | |
the statistic, the new head negotiator on EU Brexit, | :19:49. | :19:58. | |
a man who knows his business, said that we the UK are rats | :19:59. | :20:04. | |
leaving a sinking ship. If that is | :20:05. | :20:07. | |
what he thinks of his obsession of the Westminster bubble | :20:08. | :20:33. | |
to stay in the single market. trade with the rest of the DU, | :20:34. | :20:41. | |
but single market means unlhmited immigration, all the rules | :20:42. | :20:46. | |
and regulations... Would you mind, I'm | :20:47. | :20:47. | |
trying to make a speech. All the rules and | :20:48. | :20:56. | |
regulations, and the jurisdiction of the | :20:57. | :21:02. | |
European Court of Justice. We do not want a single market, | :21:03. | :21:04. | |
we want free trade. Our negotiating | :21:05. | :21:06. | |
strength is much If, when we exercise | :21:07. | :21:15. | |
Article 50, if there is no agreement, we just leave | :21:16. | :21:27. | |
after the two years. They will fall over | :21:28. | :21:29. | |
themselves to do a deal. And one day later we will open | :21:30. | :21:35. | |
and finalise fairly quickly trade deals | :21:36. | :21:37. | |
with the rest of the world. Our aim should be to turn the UK | :21:38. | :21:45. | |
into a low-tax economy. Thanks to Brown and Osborne's | :21:46. | :21:47. | |
fiddling, we have a tax codd which is complex and a drain | :21:48. | :21:50. | |
on the economy. The new Chancellor keeps saxing | :21:51. | :21:53. | |
the result of the vote is a Well, in fairness he does not | :21:54. | :21:56. | |
seem to be the only one. One would have hoped | :21:57. | :22:02. | |
Mr Cameron has learned from that experience, | :22:03. | :22:14. | |
but he does not seem to have had a plan | :22:15. | :22:16. | |
either once Gadhafi was overthrown. It has been discovered | :22:17. | :22:19. | |
that the Government and civhl service did little or no pl`nning | :22:20. | :22:21. | |
if the It must be fair and big bushnesses | :22:22. | :22:23. | |
must pay that amount, but mtst Let us have a low tax and free trade | :22:24. | :22:35. | |
economy and have it sooner. And let us get on with | :22:36. | :22:46. | |
Brexit, either by repealing the 72 European | :22:47. | :22:48. | |
Communities Act... Or exercising Section 50 of the | :22:49. | :22:50. | |
Lisbon Treaty. The longer we delay, the more | :22:51. | :23:09. | |
entrenched negotiation positions We are assuming that while we, | :23:10. | :23:18. | |
from a zero starting position, because of the disgraceful | :23:19. | :23:26. | |
failure of the civil servicd to make any preparations for the Le`ve vote, | :23:27. | :23:29. | |
we have all the time in the world. Immigration is flooding in, | :23:30. | :23:35. | |
and our opponents, the EU, And seeking to present | :23:36. | :23:37. | |
a united front in their Why are we giving them | :23:38. | :23:44. | |
so much time to prepare? The great British people have given | :23:45. | :23:54. | |
the Government that instructions, get on with it and stop | :23:55. | :23:56. | |
fiddling around. Welcome to Bournemouth. Yesterday I | :23:57. | :25:03. | |
would have been saying welcome to sunny Bournemouth. However, on | :25:04. | :25:09. | |
behalf of the south-west and all of our members, I would like to welcome | :25:10. | :25:15. | |
you to the wonderful seasidd town of Bournemouth. Unfortunately our | :25:16. | :25:17. | |
south-west German could not be with us today as he is on a well earned | :25:18. | :25:24. | |
holiday with his wife in Canada However, I am sure he is thhnking | :25:25. | :25:29. | |
about as this morning. Although with the time difference, I am not | :25:30. | :25:35. | |
sure. For those who joined ts last night at the reception went to the | :25:36. | :25:41. | |
other events, I hope there `re not too many fuzzy heads becausd we have | :25:42. | :25:45. | |
an action packed day ahead of us today. We have some exceptional | :25:46. | :25:51. | |
speakers, some entertaining speakers and, of course, Nigel. On the | :25:52. | :26:00. | |
official town website it saxs, Bournemouth is a seaside resort on a | :26:01. | :26:05. | |
sub coast of England. It is known for its seven miles of beaches, | :26:06. | :26:10. | |
Victorian architecture and buzzing nightlife. The result is also home | :26:11. | :26:19. | |
to Bournemouth Pier. -- resort. And activity Centre, climbing w`ll and a | :26:20. | :26:26. | |
zip line. Looking around, I can see a couple of excited faces they are | :26:27. | :26:35. | |
at the one of those activithes. Possibly that zip line. For those | :26:36. | :26:40. | |
not tempted, it can be a good chance to meet up with friends in lany of | :26:41. | :26:51. | |
the cafes at this centre. Fhnally, our new leader will be annotnced | :26:52. | :26:55. | |
when the results of the member's ballot is declared. We must, as a | :26:56. | :27:00. | |
party, get behind him or her. As we build on the belly solid fotndations | :27:01. | :27:06. | |
that have been laid by Nigel and his team. -- built on the very solid | :27:07. | :27:16. | |
conditions. 4 million votes in the last general election. We are a | :27:17. | :27:18. | |
party on the up. APPLAUSE | :27:19. | :27:29. | |
You will also get a chance to enjoy Nigel's final speech as leader. I | :27:30. | :27:36. | |
know you will give him a trdmendous and well deserved reception. He is | :27:37. | :27:44. | |
still an MEP and leader of the group in the European Parliament. | :27:45. | :27:56. |