1 00:00:00,120 --> 00:00:07,040 Speaker 1: Yeah, this one nation Conservative government has been given a 2 00:00:07,240 --> 00:00:11,440 Speaker 1: powerful new mandate to get Britit done. I will discuss 3 00:00:11,520 --> 00:00:14,680 Speaker 1: with our party to ensure there is a process now 4 00:00:15,040 --> 00:00:18,599 Speaker 1: of reflection on this result and on the policies that 5 00:00:18,640 --> 00:00:21,480 Speaker 1: the party will take. This is so unique an outcome. 6 00:00:21,560 --> 00:00:23,520 Speaker 1: There's there's been a party that's gone to the country 7 00:00:23,720 --> 00:00:26,439 Speaker 1: for the fourth time of asking and increased its standing 8 00:00:26,440 --> 00:00:29,360 Speaker 1: in Parliament. There is a clear desire and endorsement for 9 00:00:29,440 --> 00:00:31,960 Speaker 1: the notion that Scotland should not be landed with a 10 00:00:32,040 --> 00:00:40,640 Speaker 1: Boris Johnson government and Bripto of Europa Gainsto will. Hello, 11 00:00:40,680 --> 00:00:44,000 Speaker 1: you're listening to Bloomberg Westminster, a special hour long election 12 00:00:44,080 --> 00:00:48,839 Speaker 1: results program. I'm a very very tired Sebastian side. Good afternoon. 13 00:00:48,880 --> 00:00:52,440 Speaker 1: I'm Caroline Hepka. Yes, the Toys have won their biggest 14 00:00:52,479 --> 00:00:58,000 Speaker 1: majority since under Margaret Thatcher. It really was a huge 15 00:00:58,040 --> 00:01:00,160 Speaker 1: result for the party and really a massive chain for 16 00:01:00,200 --> 00:01:03,720 Speaker 1: the country. Yeah, I mean redrawing the electoral map, getting 17 00:01:03,800 --> 00:01:06,240 Speaker 1: some certainty. Finally, let's just have a little listen to 18 00:01:06,240 --> 00:01:07,960 Speaker 1: what the Prime Minister had to say as he addressed 19 00:01:07,959 --> 00:01:11,600 Speaker 1: his supporters early this morning. With this mandate and this majority, 20 00:01:11,680 --> 00:01:18,040 Speaker 1: we will at last be able to do what there 21 00:01:18,080 --> 00:01:20,200 Speaker 1: we go, so a bit of clarity on Brexit. Then 22 00:01:20,200 --> 00:01:22,440 Speaker 1: we'll have a talk throughout the program about the route 23 00:01:22,440 --> 00:01:25,640 Speaker 1: ahead really as we look to be exitingct ON on 24 00:01:25,720 --> 00:01:28,360 Speaker 1: January the thirty one investors at least to please assets 25 00:01:28,360 --> 00:01:30,880 Speaker 1: lifting across Europe, from the pound to the euro to 26 00:01:30,959 --> 00:01:33,240 Speaker 1: the UK stocks. It's what they've certainly been looking for 27 00:01:33,240 --> 00:01:35,240 Speaker 1: for a long long time. Absolutely, and we've got a 28 00:01:35,240 --> 00:01:38,080 Speaker 1: cracking lineup for you this hour man who read the 29 00:01:38,200 --> 00:01:40,640 Speaker 1: leader of the Women's Equality Party because we have a 30 00:01:40,680 --> 00:01:45,160 Speaker 1: record number of female MPs in this electoral cycle. Also, 31 00:01:45,200 --> 00:01:47,920 Speaker 1: Bloomberg's head of Economics Stephanie Flanders, will be with us 32 00:01:48,080 --> 00:01:50,520 Speaker 1: to break down what we can expect from this new 33 00:01:50,560 --> 00:01:54,640 Speaker 1: Toy administration. And Alan Wager, the research associate at UK 34 00:01:54,960 --> 00:01:57,480 Speaker 1: in a changing You, will also be here to talk 35 00:01:57,560 --> 00:02:01,440 Speaker 1: us through all the implications for Brexit, the UK EU 36 00:02:01,560 --> 00:02:04,240 Speaker 1: trade negotiations. We've got a lot of angles covered, We've 37 00:02:04,240 --> 00:02:06,360 Speaker 1: got a lot to talk about. Let's get right into it. 38 00:02:06,440 --> 00:02:09,520 Speaker 1: Joining us now live from Westminster is Bloomberg's Roger Hearing, 39 00:02:09,639 --> 00:02:11,880 Speaker 1: and here with us in the studio is Bloomberg Opinions 40 00:02:11,880 --> 00:02:14,680 Speaker 1: Tres Raphael Toores let's start with you. You watch the 41 00:02:14,680 --> 00:02:17,760 Speaker 1: whole thing, someone up for us an unexpectedly strong showing. 42 00:02:17,760 --> 00:02:19,840 Speaker 1: Then what won it really for Boris Johnson? Was it 43 00:02:19,919 --> 00:02:22,000 Speaker 1: the anti Corbyn vote? Was it the pro Brexit vote? 44 00:02:22,000 --> 00:02:23,960 Speaker 1: Talk us through all the issues? Yeah, so I think 45 00:02:24,000 --> 00:02:26,280 Speaker 1: most people will say that two things. Want it for 46 00:02:26,400 --> 00:02:31,040 Speaker 1: Johnson Brexit, want it for Johnson. People really took to 47 00:02:31,160 --> 00:02:34,720 Speaker 1: his message that the get Brexit done message. In fact, 48 00:02:34,760 --> 00:02:38,040 Speaker 1: it cut both ways. So it cut for the Brexitters 49 00:02:38,080 --> 00:02:42,560 Speaker 1: who you know, clearly want to see their mandate carried out, 50 00:02:42,680 --> 00:02:47,000 Speaker 1: but it also worked for moderates and remainders who may 51 00:02:47,040 --> 00:02:51,000 Speaker 1: accept the vote and just don't want the argument anymore. 52 00:02:51,040 --> 00:02:53,720 Speaker 1: So that was one thing that worked clearly. The second 53 00:02:53,720 --> 00:02:56,919 Speaker 1: thing that worked for Boris Johnson was he was very 54 00:02:57,000 --> 00:03:00,360 Speaker 1: lucky in his opponent here, Jeremy Corbyn, was you know, 55 00:03:00,520 --> 00:03:05,520 Speaker 1: historically unpopular candidate. His message was wrong, his uh you know, 56 00:03:05,800 --> 00:03:10,160 Speaker 1: entire sort of record on foreign policy worried people. The 57 00:03:10,200 --> 00:03:14,520 Speaker 1: anti semitism uh row within the Labor Party has cut 58 00:03:14,520 --> 00:03:16,320 Speaker 1: through to voters, I think in a way that Labor 59 00:03:16,400 --> 00:03:20,720 Speaker 1: really didn't expect. And even the economic policies at Corbin unveiled. 60 00:03:20,720 --> 00:03:24,359 Speaker 1: He threw the kitchen sink at this very radical socialist offering. 61 00:03:24,600 --> 00:03:26,360 Speaker 1: That didn't work. But I would argue there was a 62 00:03:26,400 --> 00:03:29,400 Speaker 1: third thing that worked for Boris Johnson uh in this election, 63 00:03:29,480 --> 00:03:32,840 Speaker 1: and that um is that he was seen as the 64 00:03:32,880 --> 00:03:36,560 Speaker 1: politician of change. And that is kind of surprising given 65 00:03:36,560 --> 00:03:39,119 Speaker 1: that he's been a senior member the Tory Party, which 66 00:03:39,120 --> 00:03:42,720 Speaker 1: has been in power for nearly a decade, had four governments, 67 00:03:42,960 --> 00:03:46,560 Speaker 1: and yet Johnson was able to portray himself as the 68 00:03:46,640 --> 00:03:51,120 Speaker 1: change politician. Really fascinating. Let's get to Bloomberg's ro Ja Herring. 69 00:03:51,160 --> 00:03:55,320 Speaker 1: You've been standing outside the Palace of Westminster, so you've 70 00:03:55,400 --> 00:04:00,000 Speaker 1: seen all the politicians coming onto the Green for their interviews. 71 00:04:00,600 --> 00:04:04,320 Speaker 1: We had some Toy politicians on air this morning on Daybreak. 72 00:04:04,600 --> 00:04:07,680 Speaker 1: You a sort of sounding absolutely joyous. Does give us 73 00:04:07,720 --> 00:04:11,600 Speaker 1: a flavor of this result? Well, yes, I think joyous, 74 00:04:11,600 --> 00:04:14,080 Speaker 1: but also absolutely frozen, because I have say it's been 75 00:04:14,120 --> 00:04:17,400 Speaker 1: the most startlingly awful weather down here. Talk about a 76 00:04:17,440 --> 00:04:21,240 Speaker 1: December election problem, but certainly know that the Tories we've 77 00:04:21,279 --> 00:04:24,800 Speaker 1: been speaking to ice have all been extremely happy, as 78 00:04:24,839 --> 00:04:27,400 Speaker 1: you would expect they would be. And this is interesting 79 00:04:27,440 --> 00:04:30,320 Speaker 1: because we have seen the Tory Party hugely divided in 80 00:04:30,360 --> 00:04:33,120 Speaker 1: the recent past. You know, they managed to alienate and 81 00:04:33,120 --> 00:04:36,760 Speaker 1: indeed get rid of a large number of quite prominent Tories, 82 00:04:37,120 --> 00:04:40,000 Speaker 1: several of whom have been calling for the voters to 83 00:04:40,040 --> 00:04:42,800 Speaker 1: support the opposition. So this was a triumph on so 84 00:04:42,839 --> 00:04:45,800 Speaker 1: many different levels. And I had one extra element to 85 00:04:45,839 --> 00:04:48,480 Speaker 1: what Rose was saying three points. I'd had a fourth one, 86 00:04:48,520 --> 00:04:50,640 Speaker 1: which is the squeeze, because at the beginning of this 87 00:04:50,720 --> 00:04:54,320 Speaker 1: campaign we were talking about how the Lib Dems or 88 00:04:54,360 --> 00:04:57,560 Speaker 1: the Brexit Party would split votes in such a way 89 00:04:57,600 --> 00:05:00,560 Speaker 1: as to put pressure on the Tories particul kill also 90 00:05:00,560 --> 00:05:03,160 Speaker 1: potentially on Labor and that really was the dog that 91 00:05:03,240 --> 00:05:05,680 Speaker 1: didn't bark. If you look at the figures. The Lib 92 00:05:05,720 --> 00:05:08,599 Speaker 1: Dems clearly didn't do well, but the Brexit Party didn't either. 93 00:05:08,839 --> 00:05:10,960 Speaker 1: So in the end that was the dog that didn't bark. 94 00:05:11,520 --> 00:05:13,880 Speaker 1: But then Roger there were more winners. In Scotland, the 95 00:05:14,000 --> 00:05:17,159 Speaker 1: SNP a strong message there for a second referendum, and 96 00:05:17,200 --> 00:05:20,240 Speaker 1: in Northern Ireland we saw those in favor of reunification. 97 00:05:20,400 --> 00:05:23,000 Speaker 1: They're also playing through. Well, this is going to put 98 00:05:23,040 --> 00:05:25,840 Speaker 1: some level of pressure on Boris Johnson, isn't it. It's 99 00:05:25,880 --> 00:05:27,920 Speaker 1: certainly well. I mean the Northern Ireland thing is absolutely 100 00:05:27,920 --> 00:05:31,080 Speaker 1: crucially are quite right Sebastian, because that is the if 101 00:05:31,120 --> 00:05:33,840 Speaker 1: you like, the the Achilles Heel of the Brexit deal, 102 00:05:33,880 --> 00:05:37,560 Speaker 1: because you've got the two borders that Boris Johnson in visages, 103 00:05:37,800 --> 00:05:40,799 Speaker 1: one dawn the Irish Sea and one between Northern Ireland 104 00:05:40,880 --> 00:05:43,560 Speaker 1: and the Republic. And how that's going to work and 105 00:05:43,600 --> 00:05:46,679 Speaker 1: the difficulties it will cause for business people in Northern Ireland, 106 00:05:46,720 --> 00:05:49,560 Speaker 1: quite apart from anything else, is a very point. The 107 00:05:49,640 --> 00:05:53,200 Speaker 1: DUP were completely alienated, of course from Boris Johnson before 108 00:05:53,200 --> 00:05:55,039 Speaker 1: all this, but they have been one of the big 109 00:05:55,080 --> 00:05:58,400 Speaker 1: losers for the first time I think in recent history anyway. 110 00:05:58,600 --> 00:06:01,920 Speaker 1: There are fewer Unionists representing Northern Ireland in this building 111 00:06:01,960 --> 00:06:05,520 Speaker 1: behind me than people who are nationalists or uncommitted, and 112 00:06:05,600 --> 00:06:08,080 Speaker 1: that is going to make a big difference. And Scotland, 113 00:06:08,080 --> 00:06:10,320 Speaker 1: of course, that's the other thing. SMP didn't have a 114 00:06:10,320 --> 00:06:12,880 Speaker 1: clean sweep, but they did extremely well. The pressure for 115 00:06:12,920 --> 00:06:16,159 Speaker 1: a second independence referendum, I would say it's almost unstoppable, 116 00:06:16,160 --> 00:06:18,479 Speaker 1: despite the fact that Boris Johnson has set his face 117 00:06:18,520 --> 00:06:23,479 Speaker 1: against him. Turning to Terra's the points that Roger is 118 00:06:23,560 --> 00:06:27,400 Speaker 1: making there there is some some strains around Brexit. Of 119 00:06:27,400 --> 00:06:30,560 Speaker 1: course with with Northern Ireland, do we actually end up 120 00:06:30,600 --> 00:06:34,760 Speaker 1: getting a softer Brexit deal now because Bois Johnson has 121 00:06:34,800 --> 00:06:40,520 Speaker 1: such a big majority, but also because of the separatist threats. Obviously, 122 00:06:40,520 --> 00:06:44,400 Speaker 1: Scotland in a voted to remain yes as the as 123 00:06:44,480 --> 00:06:46,960 Speaker 1: the polls were still open yesterday, I was thinking that 124 00:06:47,120 --> 00:06:49,200 Speaker 1: if this were to be a majority of say ten 125 00:06:49,320 --> 00:06:52,440 Speaker 1: votes or twenty votes, we are right back where we 126 00:06:52,440 --> 00:06:55,120 Speaker 1: were when Teresa May was trying to get things through, 127 00:06:55,440 --> 00:06:57,719 Speaker 1: in that the right of his party would be able 128 00:06:57,760 --> 00:07:00,480 Speaker 1: to sort of hold him to ransom. That is clearly 129 00:07:00,520 --> 00:07:04,360 Speaker 1: not the case. He has a whopping majority and all 130 00:07:04,440 --> 00:07:07,880 Speaker 1: the authority to go first after Brexit within his own party. 131 00:07:07,880 --> 00:07:11,000 Speaker 1: But he also um could drive a harder bargain with 132 00:07:11,040 --> 00:07:13,640 Speaker 1: Europe in the sense that you know he's not going 133 00:07:13,680 --> 00:07:16,480 Speaker 1: to have to go back to Parliament and and you 134 00:07:16,520 --> 00:07:20,360 Speaker 1: know try to uh scrounge for those votes. Um he 135 00:07:20,440 --> 00:07:24,320 Speaker 1: will be I think of these two unionist issues, I 136 00:07:24,320 --> 00:07:26,440 Speaker 1: mean it's to say it was a very good night 137 00:07:26,600 --> 00:07:29,840 Speaker 1: for English nationalists, it was a bad night for the 138 00:07:29,840 --> 00:07:32,480 Speaker 1: British Union. Of the two issues Scotland and Northern Ireland, 139 00:07:32,560 --> 00:07:35,760 Speaker 1: I think the Scottish issue is the more pressing um 140 00:07:35,800 --> 00:07:38,040 Speaker 1: in the short term because the SNP are going to 141 00:07:38,080 --> 00:07:40,360 Speaker 1: want that vote now. He may be able to delay 142 00:07:40,440 --> 00:07:44,960 Speaker 1: things until the Hollywood, uh, the elections in but you 143 00:07:45,000 --> 00:07:48,000 Speaker 1: know that that's really on the horizon. Yeah. Indeed, what 144 00:07:48,080 --> 00:07:51,520 Speaker 1: of course we've got uh now speaking actually the head 145 00:07:51,560 --> 00:07:55,120 Speaker 1: of the SMP. So this is Nicholas Sturgeon, who's hailing 146 00:07:55,200 --> 00:07:59,239 Speaker 1: the emphatic victory for her party, the Scottish National Party. 147 00:07:59,560 --> 00:08:04,080 Speaker 1: As a menting on the election results, she's saying Sebastian 148 00:08:04,240 --> 00:08:08,240 Speaker 1: that Scotland has yet again said no to Brexit. Yeah, 149 00:08:08,240 --> 00:08:11,320 Speaker 1: that's going to put Johnson in a tricky position there really, 150 00:08:11,680 --> 00:08:14,040 Speaker 1: Remember it was about sixty forty the first time around. 151 00:08:14,440 --> 00:08:17,160 Speaker 1: Very much a resounding no once again, as she says, 152 00:08:17,920 --> 00:08:20,760 Speaker 1: and that further shows the splits in the country. There's 153 00:08:20,800 --> 00:08:23,720 Speaker 1: so much talk from him about reuniting the country, remember 154 00:08:23,720 --> 00:08:26,240 Speaker 1: Scotland as part of that. That's not going to be easy. 155 00:08:26,600 --> 00:08:28,640 Speaker 1: Roger talks to me about the North of England and 156 00:08:28,680 --> 00:08:31,080 Speaker 1: the Midlands. We've seen a very big shift in the 157 00:08:31,080 --> 00:08:33,640 Speaker 1: electoral map. A lot of seats that have never been 158 00:08:33,679 --> 00:08:37,520 Speaker 1: Conservative before have gone to the party. Is this here 159 00:08:37,559 --> 00:08:39,520 Speaker 1: to change or is this a case of vote lending. 160 00:08:39,559 --> 00:08:42,840 Speaker 1: What's your sense, Well, first of all, I just have 161 00:08:42,880 --> 00:08:44,280 Speaker 1: to give you a kind of cultural feeling. I mean, 162 00:08:44,320 --> 00:08:46,160 Speaker 1: I'm I'm pretty ancient, it has to be said. I 163 00:08:46,200 --> 00:08:49,520 Speaker 1: remember being under Thatcher, and I mean the red wall 164 00:08:49,640 --> 00:08:53,960 Speaker 1: didn't break then he has broken. Now. Names I never 165 00:08:54,000 --> 00:08:59,080 Speaker 1: thought would ever be considered as a Tory possibilities, County Durham, 166 00:08:59,120 --> 00:09:01,240 Speaker 1: around that sort of area, and it's gone. I think 167 00:09:01,240 --> 00:09:03,240 Speaker 1: it's a it's a huge change, and it may be 168 00:09:03,400 --> 00:09:05,240 Speaker 1: a cultural change in the sense that we may be 169 00:09:05,360 --> 00:09:09,880 Speaker 1: seeing a realignment. Now whether that realignment will follow perhaps 170 00:09:09,920 --> 00:09:12,640 Speaker 1: as one person suggested, that the towns will go for 171 00:09:12,679 --> 00:09:14,719 Speaker 1: the Tories and the cities will go for Labor in 172 00:09:14,840 --> 00:09:17,199 Speaker 1: future that kind of thing, or maybe not even the 173 00:09:17,280 --> 00:09:20,160 Speaker 1: Labor Party, maybe some new version that will come that 174 00:09:20,200 --> 00:09:23,199 Speaker 1: will represent that sort of interest, that sort of ground. 175 00:09:23,240 --> 00:09:25,640 Speaker 1: But it's easy, I guess to be a bit apocalyptic 176 00:09:25,679 --> 00:09:27,760 Speaker 1: about it. But but to answer your questions, I ask you, 177 00:09:27,880 --> 00:09:31,520 Speaker 1: I think this is more than simply a cosmetic change. Okay, 178 00:09:32,080 --> 00:09:36,280 Speaker 1: today's where do you think that leaves the Labor Party? 179 00:09:36,320 --> 00:09:38,840 Speaker 1: The Liberal Democrats. Also that the leader of the Liberal 180 00:09:38,880 --> 00:09:43,679 Speaker 1: Democrats resigning, Joe Swinton again a kind of generational shift, 181 00:09:43,720 --> 00:09:48,560 Speaker 1: a young female leader resigning. The other two roads failed 182 00:09:48,600 --> 00:09:52,200 Speaker 1: spectacularly here, the far left some would call it, and 183 00:09:52,280 --> 00:09:55,400 Speaker 1: the anti Brexit road. They both failed. Yeah, I mean 184 00:09:55,440 --> 00:09:59,040 Speaker 1: I think the Liberal Democrats, you know, they had they 185 00:09:59,080 --> 00:10:02,559 Speaker 1: were beset by number of errors, uh not least their 186 00:10:02,600 --> 00:10:05,480 Speaker 1: decision to go for a revoking Brexit policy. But I 187 00:10:05,480 --> 00:10:09,040 Speaker 1: think what we learned here is that tactical voting does 188 00:10:09,080 --> 00:10:12,680 Speaker 1: not work when the uh, when the two parties just 189 00:10:12,720 --> 00:10:15,400 Speaker 1: simply can't agree with one another. So had you had 190 00:10:15,400 --> 00:10:18,439 Speaker 1: a Labor government, that Labor Party that the Lib Dems 191 00:10:18,440 --> 00:10:21,360 Speaker 1: could support in government, we might have seen something different. 192 00:10:21,360 --> 00:10:23,280 Speaker 1: But your question about the Labor Party, I think is 193 00:10:23,280 --> 00:10:26,439 Speaker 1: the key one. I mean, this is her Majesty's loyal opposition. 194 00:10:27,400 --> 00:10:30,800 Speaker 1: As I was listening to Labor politicians throughout the night, 195 00:10:31,000 --> 00:10:33,960 Speaker 1: you could just see the fight in that party over 196 00:10:34,040 --> 00:10:37,720 Speaker 1: what went wrong, with Corbin's defenders saying it was Brexit 197 00:10:38,000 --> 00:10:40,840 Speaker 1: and others saying, no, it's not just Brexit, it's Corbin 198 00:10:40,960 --> 00:10:44,319 Speaker 1: himself and Corbin is um and this radical agenda. There's 199 00:10:44,400 --> 00:10:47,880 Speaker 1: now going to be a leadership battle royal in that party. 200 00:10:48,040 --> 00:10:50,600 Speaker 1: But the structure of the party in the way they 201 00:10:50,679 --> 00:10:53,480 Speaker 1: choose the leaders really stacks it in favor of the 202 00:10:53,520 --> 00:10:56,280 Speaker 1: supporters of Corbin and McDonald to begin with, and so 203 00:10:56,360 --> 00:10:59,320 Speaker 1: it's going to be very difficult for that party to 204 00:10:59,480 --> 00:11:01,680 Speaker 1: change in the way it needs to to win back 205 00:11:01,720 --> 00:11:04,200 Speaker 1: some of these voters. In a way, the Tories, you know, 206 00:11:04,240 --> 00:11:06,680 Speaker 1: they've won the twenty nineteen election, I think they're already 207 00:11:06,679 --> 00:11:09,600 Speaker 1: going to be feeling pretty good about so with less 208 00:11:09,600 --> 00:11:10,920 Speaker 1: than a minute on the clock to raise it's Corbin 209 00:11:11,000 --> 00:11:12,920 Speaker 1: is m dead as it had its day. I think 210 00:11:13,120 --> 00:11:16,320 Speaker 1: Corbin is um should be considered dead and buried. I 211 00:11:16,320 --> 00:11:18,400 Speaker 1: don't think that means it will be considered dead and 212 00:11:18,400 --> 00:11:21,040 Speaker 1: buried by the Labor Party, but you know, it just 213 00:11:21,080 --> 00:11:24,000 Speaker 1: may take them another defeat to learn. Yeah. Well, look 214 00:11:24,080 --> 00:11:27,360 Speaker 1: the turnout also that we were closely watching, given that 215 00:11:27,520 --> 00:11:30,360 Speaker 1: Roger's freezing it out there outside of Parliament and we 216 00:11:30,360 --> 00:11:32,840 Speaker 1: were all, you know, in the rain yesterday. Actually the 217 00:11:32,880 --> 00:11:36,800 Speaker 1: turnout was strong and the majority for the Conservative Party 218 00:11:36,920 --> 00:11:40,360 Speaker 1: really quite stunning, at the largest since the nineteen eighties. 219 00:11:40,400 --> 00:11:43,920 Speaker 1: So our thanks to Bloomberg's Roger hearing Life from Westminster 220 00:11:44,120 --> 00:11:49,880 Speaker 1: and also Bloomberg Opinion columnists Terra's Raphael for joining let's 221 00:11:49,880 --> 00:11:52,600 Speaker 1: talk about one of the other big issues going on, Caroline. Yeah. Indeed, 222 00:11:52,840 --> 00:11:56,600 Speaker 1: this is the record number of female MPs who have 223 00:11:56,720 --> 00:12:00,840 Speaker 1: been elected to the House of Commons in the general election. 224 00:12:00,960 --> 00:12:04,040 Speaker 1: Some two hundred and twenty women have won seats. It's 225 00:12:04,080 --> 00:12:06,760 Speaker 1: up from two hundred and eight two years ago. But 226 00:12:06,840 --> 00:12:09,760 Speaker 1: don't cheer too soon, because actually female MP's will only 227 00:12:09,800 --> 00:12:13,680 Speaker 1: make up thirty four of the Commons. And that's why 228 00:12:13,920 --> 00:12:15,760 Speaker 1: I'm pleased to welcome Man Do Reid, who is the 229 00:12:15,880 --> 00:12:19,640 Speaker 1: leader of the Women's Equality Party, who joins us. Now 230 00:12:19,920 --> 00:12:24,080 Speaker 1: very we'll welcome to Blueberg, Westminster. Thank you for joining us. So, look, 231 00:12:24,160 --> 00:12:30,199 Speaker 1: you put up candidates in opposition to MPs or prospective 232 00:12:30,240 --> 00:12:33,880 Speaker 1: parliamentary candidates who you felt, you know, their record on 233 00:12:33,960 --> 00:12:38,280 Speaker 1: women's rights or women's issues were particularly negative, and you 234 00:12:38,320 --> 00:12:42,320 Speaker 1: feel that you've had some success in that sense. Our 235 00:12:42,360 --> 00:12:45,880 Speaker 1: specific tactic was actually to um target MPs who had 236 00:12:45,960 --> 00:12:51,120 Speaker 1: unresolved allegations of harassment or violent or aggressive behavior towards 237 00:12:51,120 --> 00:12:53,960 Speaker 1: women on their record. So we wanted to highlight that 238 00:12:54,080 --> 00:12:57,199 Speaker 1: issue because when you're looking at the experience of women 239 00:12:57,200 --> 00:12:59,959 Speaker 1: in Westminster, it's really really important to understand the backdrop 240 00:13:00,040 --> 00:13:03,040 Speaker 1: an environment within which they were operating. So we targeted 241 00:13:03,280 --> 00:13:05,960 Speaker 1: five MPs, as I say, with those unresolved allegations before 242 00:13:05,960 --> 00:13:08,560 Speaker 1: a single vote have been counted. Four of those, because 243 00:13:08,559 --> 00:13:11,320 Speaker 1: of the pressure we applied, actually stood down and the 244 00:13:11,320 --> 00:13:14,480 Speaker 1: final one, um Ivan Lewis lost his seat last night. 245 00:13:14,600 --> 00:13:17,800 Speaker 1: So for us, for the Women's Equality Party, uh you 246 00:13:17,880 --> 00:13:20,520 Speaker 1: could you could say are our general election campaign was 247 00:13:20,760 --> 00:13:23,640 Speaker 1: a resounding success. And what about the statistic that Caroline 248 00:13:23,679 --> 00:13:26,160 Speaker 1: alluded to a moment a record number of female MPs. 249 00:13:26,480 --> 00:13:28,840 Speaker 1: Was a good election for women in general? Um, I 250 00:13:28,840 --> 00:13:31,480 Speaker 1: think representation is really important and it is one of 251 00:13:31,520 --> 00:13:35,679 Speaker 1: the goals that the Women's Equality Party pursues. However, um, 252 00:13:35,840 --> 00:13:38,400 Speaker 1: you know, thirty four percent is not where we need 253 00:13:38,400 --> 00:13:40,839 Speaker 1: to be. It's an improvement and that's a positive thing. 254 00:13:41,120 --> 00:13:43,920 Speaker 1: It's also worth looking at how that breaks down, um 255 00:13:44,000 --> 00:13:48,160 Speaker 1: within Westminster. So the Tories actually have only returned twenty 256 00:13:48,200 --> 00:13:51,200 Speaker 1: four percent of their MPs um as who are women, 257 00:13:51,640 --> 00:13:53,680 Speaker 1: whereas a Labor Party have done really well and over 258 00:13:53,720 --> 00:13:56,280 Speaker 1: fifty of their new cohort of MPs are women. So 259 00:13:56,320 --> 00:13:58,760 Speaker 1: there's there's a mixed picture. But you have to remember 260 00:13:58,760 --> 00:14:00,880 Speaker 1: is what happened in the run up to the election. 261 00:14:01,200 --> 00:14:05,920 Speaker 1: Several senior MP's cabinet level MPs, talented, brilliant women stood 262 00:14:05,960 --> 00:14:09,560 Speaker 1: down and cited many of them cited abuse and harassment 263 00:14:09,559 --> 00:14:11,560 Speaker 1: as their reason for doing so. So we have a 264 00:14:11,559 --> 00:14:14,840 Speaker 1: situation where there's lots of newcomers and that's fantastic, but 265 00:14:14,920 --> 00:14:17,360 Speaker 1: actually the kind of bottom of the pile, it will 266 00:14:17,400 --> 00:14:19,960 Speaker 1: be a while before they progress and developed to those 267 00:14:20,000 --> 00:14:23,600 Speaker 1: senior levels, to those cabinet level positions. And so yes, 268 00:14:23,640 --> 00:14:26,000 Speaker 1: there's something to celebrate if you're looking at the raw numbers, 269 00:14:26,000 --> 00:14:28,520 Speaker 1: but it's a much more complicated picture. And for women 270 00:14:28,520 --> 00:14:30,600 Speaker 1: to really have an impact on the impact we need 271 00:14:30,640 --> 00:14:33,120 Speaker 1: them to have in the context of a damaging Brexit 272 00:14:33,200 --> 00:14:36,800 Speaker 1: that's on the horizon, we need women all throughout the system. 273 00:14:37,120 --> 00:14:40,240 Speaker 1: Junior senior across the board. What did you make then 274 00:14:40,240 --> 00:14:42,840 Speaker 1: of the manifestos and what do you think of the 275 00:14:42,920 --> 00:14:47,680 Speaker 1: toy Party manifesto in particular. Obviously, given the landslide victory 276 00:14:47,720 --> 00:14:51,760 Speaker 1: that they have had, it was seen as a set 277 00:14:51,800 --> 00:14:56,520 Speaker 1: of manifestos with little content, you know, specifically aimed at women. 278 00:14:56,520 --> 00:14:58,240 Speaker 1: I think it's fair to say. I think it is 279 00:14:58,280 --> 00:14:59,840 Speaker 1: fair to say that, and when you look at the 280 00:15:00,000 --> 00:15:03,720 Speaker 1: interpiece of the Tory manifesto, get Brexit done. Hang on 281 00:15:03,760 --> 00:15:06,960 Speaker 1: a minute. Brexit is not going to be um impact 282 00:15:07,000 --> 00:15:11,200 Speaker 1: neutral on women. Brexit is going to result in women 283 00:15:11,280 --> 00:15:15,520 Speaker 1: bearing the burden of the economic consequences that this country 284 00:15:15,640 --> 00:15:20,400 Speaker 1: has to shoulder as we leave the European Union and 285 00:15:21,240 --> 00:15:23,800 Speaker 1: in January, and none of that has been factored in. 286 00:15:24,000 --> 00:15:27,160 Speaker 1: Has there been an a sort of impact equality impact 287 00:15:27,160 --> 00:15:30,360 Speaker 1: assessment of Brexit looking at the gender impacts of it. No, 288 00:15:30,600 --> 00:15:33,480 Speaker 1: And it's irresponsible to do that in a climate where 289 00:15:33,760 --> 00:15:36,120 Speaker 1: so many of the services that women rely on are 290 00:15:36,200 --> 00:15:39,320 Speaker 1: already on the back foot, have already been decimated, and 291 00:15:39,360 --> 00:15:43,480 Speaker 1: women's unpaid care work is just assumed um to be 292 00:15:43,600 --> 00:15:46,200 Speaker 1: something that will prop up the economy and and and 293 00:15:46,280 --> 00:15:48,360 Speaker 1: keep everything going. Hang on a second. We had Joe 294 00:15:48,360 --> 00:15:52,120 Speaker 1: Swintz in the head of the Liberal Democrats, youngest ever leader, 295 00:15:52,280 --> 00:15:55,160 Speaker 1: female leader. You know, we've just come out of a 296 00:15:55,160 --> 00:15:59,680 Speaker 1: phase of having a second female Tory prime minister, you know, 297 00:16:00,120 --> 00:16:03,920 Speaker 1: doing reasonably well compared to let's say other European nations 298 00:16:03,920 --> 00:16:07,440 Speaker 1: and global developed countries at least. So we've had two 299 00:16:07,480 --> 00:16:10,720 Speaker 1: Tory female prime ministers out of how many prime ministers, 300 00:16:10,720 --> 00:16:13,680 Speaker 1: it's a tiny sample. Those are break They have to 301 00:16:13,760 --> 00:16:17,560 Speaker 1: benchmarkt against other developed countries. I mean, you know, in 302 00:16:17,720 --> 00:16:21,400 Speaker 1: only seventy years, it's that we got the vote, right. Um. 303 00:16:21,440 --> 00:16:25,040 Speaker 1: I think it's really an oversimplification to zoom in on 304 00:16:25,120 --> 00:16:27,640 Speaker 1: the few women who have rosen to the top in 305 00:16:27,720 --> 00:16:33,400 Speaker 1: hostile conditions, conditions who have had to endure the the 306 00:16:33,640 --> 00:16:37,240 Speaker 1: environment which actually creates it makes it much more difficult 307 00:16:37,280 --> 00:16:39,640 Speaker 1: for for women to sort of fulfill their potential. They're 308 00:16:39,680 --> 00:16:42,200 Speaker 1: not welcomed in these in these environments, and so I 309 00:16:42,240 --> 00:16:45,600 Speaker 1: think to point to those two examples doesn't really help 310 00:16:45,720 --> 00:16:49,320 Speaker 1: us analyze the way politics is dysfunctional when it comes 311 00:16:49,320 --> 00:16:51,720 Speaker 1: to serving women's needs. So how do you address that? 312 00:16:51,760 --> 00:16:54,640 Speaker 1: Because an election is a democratic exercise and the last 313 00:16:54,640 --> 00:16:57,040 Speaker 1: election we saw Theresa May do so badly and Boris 314 00:16:57,080 --> 00:16:59,560 Speaker 1: Johnson do very well based on a very similar strategy, 315 00:16:59,760 --> 00:17:01,360 Speaker 1: and of course this time we saw Joe S Winston 316 00:17:01,400 --> 00:17:05,399 Speaker 1: get absolute battering. I mean, that is exactly why if 317 00:17:05,400 --> 00:17:08,000 Speaker 1: you're talking about the campaign we run in the Women's 318 00:17:08,000 --> 00:17:12,760 Speaker 1: Equality Party, we recognize that the environment, um, the structural 319 00:17:12,800 --> 00:17:15,520 Speaker 1: barriers that women face need to be addressed in order 320 00:17:15,560 --> 00:17:17,320 Speaker 1: to get us to where we need to be, to 321 00:17:17,400 --> 00:17:19,439 Speaker 1: get us to a place where men and women are 322 00:17:19,480 --> 00:17:23,680 Speaker 1: sharing power equally and that's serving um society as a whole. 323 00:17:24,040 --> 00:17:26,520 Speaker 1: And so you know, if you don't address the fact 324 00:17:26,600 --> 00:17:29,560 Speaker 1: that one in five people who work in Westminster have 325 00:17:29,640 --> 00:17:33,720 Speaker 1: reported that they've been harassed, um, you're not creating a 326 00:17:33,800 --> 00:17:36,560 Speaker 1: level playing field for women. You're having a situation where 327 00:17:36,720 --> 00:17:40,280 Speaker 1: women have to put up with um uh. You know, 328 00:17:41,240 --> 00:17:44,800 Speaker 1: a working environment that actually isn't as hostile to men, 329 00:17:45,080 --> 00:17:47,399 Speaker 1: and so women have to have more resilience and that 330 00:17:47,440 --> 00:17:49,520 Speaker 1: takes its toll. You know, the women who stood down, 331 00:17:49,560 --> 00:17:52,000 Speaker 1: many of them prior to to the election. Those are 332 00:17:52,040 --> 00:17:54,879 Speaker 1: women who had served maybe um nine or ten years. 333 00:17:55,119 --> 00:17:57,680 Speaker 1: The men on average who stood down, you know, voluntary 334 00:17:57,720 --> 00:18:01,160 Speaker 1: off their own accord. They had long careers in parliament. 335 00:18:01,280 --> 00:18:03,240 Speaker 1: So women are being hounded out and men are leaving 336 00:18:03,240 --> 00:18:05,520 Speaker 1: on their own terms, and we are all poorer because 337 00:18:05,560 --> 00:18:07,960 Speaker 1: of that. You know. Joe Swinston, she lost her seat. 338 00:18:08,000 --> 00:18:10,480 Speaker 1: That's that's the voters saying no thank you to her. 339 00:18:10,760 --> 00:18:14,240 Speaker 1: But that's not because she's a woman exactly. And look, 340 00:18:14,280 --> 00:18:17,919 Speaker 1: I mean, these are depressing figures that the you that 341 00:18:18,040 --> 00:18:21,960 Speaker 1: you are highlighting. But I suppose again on the flip side, 342 00:18:21,960 --> 00:18:26,080 Speaker 1: could one not argue that at least with this Toy 343 00:18:26,119 --> 00:18:30,040 Speaker 1: administration coming in, it's the end of the austerity years, 344 00:18:30,080 --> 00:18:32,600 Speaker 1: which many people again have raised the issue that it 345 00:18:32,640 --> 00:18:35,760 Speaker 1: has disproportionately affected women. So at least, you know, we're 346 00:18:35,800 --> 00:18:38,920 Speaker 1: back into spending mode, which might help to lift many 347 00:18:38,920 --> 00:18:42,119 Speaker 1: of those women and families, you know, perhaps out of 348 00:18:42,600 --> 00:18:46,240 Speaker 1: out of more difficult circumstance. Any economists worth his or her, 349 00:18:46,320 --> 00:18:49,520 Speaker 1: and that it's usually his worth worth their salt, um 350 00:18:49,880 --> 00:18:53,560 Speaker 1: is going to tell you that, Um, the prospects aren't 351 00:18:53,680 --> 00:18:56,600 Speaker 1: bright and rosie when it comes to dealing with the 352 00:18:56,640 --> 00:18:59,960 Speaker 1: immediate aftermath of leaving the European Union, and when things 353 00:19:00,000 --> 00:19:03,600 Speaker 1: aren't bright and rosy economically, what there does is results 354 00:19:03,600 --> 00:19:06,960 Speaker 1: in a situation where women are carrying a disproportion at burden. 355 00:19:07,080 --> 00:19:09,879 Speaker 1: So you can say that it's post asterity now, but 356 00:19:09,920 --> 00:19:14,560 Speaker 1: we're entering a new phase where we've got economic challenges 357 00:19:14,760 --> 00:19:18,240 Speaker 1: that haven't been analyzed for the impact they're going to 358 00:19:18,359 --> 00:19:21,120 Speaker 1: have on women, And the manifesto said nothing that. So 359 00:19:21,160 --> 00:19:24,560 Speaker 1: why when all of these statistics are so dire, why 360 00:19:24,640 --> 00:19:27,320 Speaker 1: have we had so little impact in terms of changing 361 00:19:27,320 --> 00:19:30,320 Speaker 1: the political system. Does it mean that we have to 362 00:19:30,400 --> 00:19:34,520 Speaker 1: have you know, entirely balanced lists for for candidates which 363 00:19:34,560 --> 00:19:37,960 Speaker 1: we did not see, I mean, gender balanced candidates which 364 00:19:37,960 --> 00:19:40,199 Speaker 1: we didn't see in the last election. You know, what 365 00:19:40,400 --> 00:19:43,119 Speaker 1: is it that you would be pushing for for for 366 00:19:43,160 --> 00:19:49,640 Speaker 1: the administration? Now? The bigger picture is a proper electoral reform, 367 00:19:49,840 --> 00:19:54,399 Speaker 1: so proportional representation to make sure there are representatives and 368 00:19:54,520 --> 00:19:58,240 Speaker 1: our parliament is responsive to the people. I mean, look 369 00:19:58,280 --> 00:20:00,639 Speaker 1: at what about a female leader for for the Labor 370 00:20:00,680 --> 00:20:03,080 Speaker 1: Party there? Yeah, I think that's um, I think there's 371 00:20:03,080 --> 00:20:05,120 Speaker 1: a good chance of that happening this time around. There's 372 00:20:05,160 --> 00:20:07,200 Speaker 1: some strong women who will be in the running. But 373 00:20:07,240 --> 00:20:08,800 Speaker 1: you know something, I've gotta say, there's something that makes 374 00:20:08,800 --> 00:20:12,480 Speaker 1: me a little nervous about that because, um, the idea 375 00:20:12,880 --> 00:20:15,800 Speaker 1: of finally the Labor Party this time around putting a 376 00:20:15,880 --> 00:20:18,320 Speaker 1: woman at a woman at the helm makes me nervous 377 00:20:18,359 --> 00:20:21,560 Speaker 1: because of the glass cliff phenomenon. She will be inheriting 378 00:20:21,920 --> 00:20:24,600 Speaker 1: a really really difficult set of circumstances, a bit like 379 00:20:24,600 --> 00:20:27,680 Speaker 1: the reason may inherited right in media after the after 380 00:20:27,720 --> 00:20:30,760 Speaker 1: the referendum. And um, I think, you know, we need 381 00:20:30,800 --> 00:20:33,280 Speaker 1: to look really carefully. If a woman does take the 382 00:20:33,320 --> 00:20:36,520 Speaker 1: helm at the Labor Party, watch what challenges she's facing. 383 00:20:36,640 --> 00:20:38,360 Speaker 1: So what about a compromise them, what about a job 384 00:20:38,359 --> 00:20:40,600 Speaker 1: share because it's something that's been touted and it's the 385 00:20:40,600 --> 00:20:43,240 Speaker 1: Green Party that doesn't already. Um, and then you get 386 00:20:43,240 --> 00:20:46,160 Speaker 1: that gender balance and also you have easier living arrangements 387 00:20:46,200 --> 00:20:47,760 Speaker 1: in terms of childcare and all the rest of it 388 00:20:47,800 --> 00:20:51,280 Speaker 1: opens up those options. Look, I'm all for creative solutions. 389 00:20:51,359 --> 00:20:55,879 Speaker 1: I'm off for breaking um down some of the assumptions 390 00:20:55,880 --> 00:20:58,960 Speaker 1: about how politics should work so that it's more inclusive 391 00:20:58,960 --> 00:21:02,320 Speaker 1: and more accessible and more people. Absolutely, I I think 392 00:21:02,359 --> 00:21:04,480 Speaker 1: the Labor Party needs to have a long hard look 393 00:21:04,480 --> 00:21:07,280 Speaker 1: at its constitution and the way it operates because actually 394 00:21:07,600 --> 00:21:10,560 Speaker 1: some of the some of those kind of maladaptive behaviors 395 00:21:10,760 --> 00:21:14,520 Speaker 1: have resulted in their downfall. They're so tribal, they really 396 00:21:14,520 --> 00:21:18,000 Speaker 1: struggled to collaborate. Um. It is often seen as a 397 00:21:18,040 --> 00:21:21,040 Speaker 1: hostile environment for women in that party. So they got 398 00:21:21,040 --> 00:21:23,240 Speaker 1: a lot of work to do. Okay, so Labor has 399 00:21:23,240 --> 00:21:25,600 Speaker 1: a lot of work to do. What about Joe Swinson? 400 00:21:25,760 --> 00:21:29,159 Speaker 1: Was her downfall due to sexism? Earlier you sort of 401 00:21:29,160 --> 00:21:33,000 Speaker 1: said no, you discounted that, but but just explained you 402 00:21:33,119 --> 00:21:36,160 Speaker 1: don't think that that was a factor. Then here, Um, 403 00:21:36,200 --> 00:21:41,639 Speaker 1: I think the whole the Libdens entire general election campaign 404 00:21:42,800 --> 00:21:45,320 Speaker 1: clearly didn't go to plan right, UM, And I think 405 00:21:45,359 --> 00:21:48,760 Speaker 1: a lot of miscalculations were made, um in terms of 406 00:21:48,800 --> 00:21:51,920 Speaker 1: the strategy that they went for. I mean I remember 407 00:21:52,119 --> 00:21:55,400 Speaker 1: shortly after Joe was elected as leader and she went, 408 00:21:55,520 --> 00:21:58,920 Speaker 1: you know, all guns blazing into her party conference, full 409 00:21:58,920 --> 00:22:03,679 Speaker 1: of beans, full of positivity, UM, really believing. UM. I 410 00:22:03,720 --> 00:22:06,920 Speaker 1: guess the Lib DEM's own hype a little bit there, 411 00:22:07,560 --> 00:22:12,800 Speaker 1: h and actually probably overplayed their hand. But she's not 412 00:22:12,840 --> 00:22:14,960 Speaker 1: alone responsible for that. They would have been a team 413 00:22:14,960 --> 00:22:18,440 Speaker 1: of strategists. I know she's she she is ultimately accountable 414 00:22:18,480 --> 00:22:20,239 Speaker 1: as the leader, but I don't think it's to do 415 00:22:20,320 --> 00:22:22,800 Speaker 1: with her being a woman. The fact that the Lib 416 00:22:22,840 --> 00:22:26,840 Speaker 1: Dems made some really huge strategic errors. And what about 417 00:22:26,840 --> 00:22:29,280 Speaker 1: Boris Johnson very quickly, A lot of talk about him 418 00:22:29,320 --> 00:22:31,119 Speaker 1: having a woman problem doesn't seem to have come through 419 00:22:31,160 --> 00:22:35,800 Speaker 1: the election result. Yeah, I've got to say, I am 420 00:22:36,080 --> 00:22:42,119 Speaker 1: quite astonished, um at the majority you know Boris's Tories 421 00:22:42,119 --> 00:22:45,479 Speaker 1: have managed to combine in this election. UM. I I 422 00:22:45,560 --> 00:22:49,480 Speaker 1: would have thought so much of the stuff that um 423 00:22:49,720 --> 00:22:53,320 Speaker 1: Boris Johnson's associated with would have turned voters off in 424 00:22:53,320 --> 00:22:56,720 Speaker 1: in sufficient proportion so as to at best result in 425 00:22:56,720 --> 00:22:59,240 Speaker 1: them having a slim majority. It's but I think what 426 00:22:59,520 --> 00:23:00,920 Speaker 1: one of the things as that happened is a little 427 00:23:00,960 --> 00:23:03,800 Speaker 1: bit like the Trump campaign in twent sixteen. He reached 428 00:23:03,800 --> 00:23:06,800 Speaker 1: this sort of teflon stage where it didn't matter what 429 00:23:06,880 --> 00:23:10,240 Speaker 1: people said or what people reminded the public. He had 430 00:23:10,320 --> 00:23:12,960 Speaker 1: done some of his attitude, some of his approaches to 431 00:23:13,000 --> 00:23:17,880 Speaker 1: doing things, and yeah, he became invulnerable. Man, do thank 432 00:23:17,880 --> 00:23:19,760 Speaker 1: you so much for joining us this morning. That's man, 433 00:23:19,800 --> 00:23:22,919 Speaker 1: do read, leader of the Women's Equality Party, talking us 434 00:23:22,920 --> 00:23:28,200 Speaker 1: through the election result here on Bloomberg Westerns. Let's get 435 00:23:28,280 --> 00:23:30,240 Speaker 1: right over to Roger hearing you're standing by. Who have 436 00:23:30,280 --> 00:23:33,920 Speaker 1: you got for us? Roger? Well with me? Is? Francis said? Great? 437 00:23:33,920 --> 00:23:36,000 Speaker 1: The General secretary of the Chip Traders Union Congress. Do 438 00:23:36,040 --> 00:23:39,359 Speaker 1: you see Francis welcome, Thanks very much for being with us. Um, 439 00:23:39,400 --> 00:23:41,639 Speaker 1: I guess you're not in the celebratory mood this morning. 440 00:23:42,080 --> 00:23:45,920 Speaker 1: This is a deeply disappointing result for labor, but more 441 00:23:45,960 --> 00:23:50,920 Speaker 1: importantly for the ordinary people that labor was promising to 442 00:23:50,960 --> 00:23:54,000 Speaker 1: transform their lives. Well, not least the trade union part 443 00:23:54,040 --> 00:23:55,600 Speaker 1: of that. Because trade unions are big part of the 444 00:23:55,640 --> 00:24:00,359 Speaker 1: labor movement. They gave firm support to Jeremy Corbyn. Was 445 00:24:00,400 --> 00:24:03,520 Speaker 1: that a mistake? I think it's important that the trade 446 00:24:03,600 --> 00:24:08,280 Speaker 1: union movement has a political voice. We've always understood that's important, 447 00:24:08,280 --> 00:24:12,280 Speaker 1: that we needed to win good rights for people at work. 448 00:24:13,200 --> 00:24:16,600 Speaker 1: But clearly it's disappointing. The only thing I would say 449 00:24:16,760 --> 00:24:20,160 Speaker 1: is that you know the pressure is on Boris Johnson. 450 00:24:20,200 --> 00:24:23,320 Speaker 1: Now this could end up being the shortest honeymoon ever. 451 00:24:23,440 --> 00:24:26,240 Speaker 1: Would you say that he's got a whacking majority on 452 00:24:26,320 --> 00:24:29,160 Speaker 1: which he's got to deliver? You know, are we going 453 00:24:29,200 --> 00:24:31,720 Speaker 1: to see real investment in the North, Are we going 454 00:24:31,760 --> 00:24:34,919 Speaker 1: to see the NHS saved? What kind of deal is 455 00:24:34,960 --> 00:24:37,560 Speaker 1: he going to negotiate on Brexit? And will it be 456 00:24:37,640 --> 00:24:40,520 Speaker 1: one that protects people's dolls? All right, that's what's to come, 457 00:24:40,640 --> 00:24:42,960 Speaker 1: But but let's let's actually focus on what has been 458 00:24:43,000 --> 00:24:46,200 Speaker 1: because that is important. This was a situation in which 459 00:24:46,280 --> 00:24:49,840 Speaker 1: Jeremy Corbyn promised an awful lot he didn't deliver, at 460 00:24:49,880 --> 00:24:51,720 Speaker 1: least as far as the voters are concerned. We know 461 00:24:51,840 --> 00:24:54,720 Speaker 1: that now. Do you think now we need to have 462 00:24:54,760 --> 00:24:58,040 Speaker 1: a change of pace with the Labor Party following a 463 00:24:58,119 --> 00:25:00,560 Speaker 1: non coorbinist line, if we can put it that way, 464 00:25:00,720 --> 00:25:03,480 Speaker 1: What we do know is that many of Labor's individual 465 00:25:03,560 --> 00:25:08,560 Speaker 1: policies were incredibly popular, from bringing Rail back into public 466 00:25:08,600 --> 00:25:13,600 Speaker 1: control to banning zero hours contracts and funding the NHS. 467 00:25:13,720 --> 00:25:17,440 Speaker 1: So I think the problem here wasn't the individual policies 468 00:25:17,480 --> 00:25:21,920 Speaker 1: within the manifesto. We could, you know, question whether sharper 469 00:25:22,000 --> 00:25:26,200 Speaker 1: prior to well, we know that Labor lost in both 470 00:25:26,359 --> 00:25:31,159 Speaker 1: Brexit both leave and remain voting areas, So I'm not 471 00:25:31,200 --> 00:25:33,920 Speaker 1: sure it's as simple as Brexit. I think people were 472 00:25:33,960 --> 00:25:38,000 Speaker 1: tired of it. I think the conservative message of let's 473 00:25:38,000 --> 00:25:40,720 Speaker 1: get it done certainly resonated, but I'm not sure it's 474 00:25:40,720 --> 00:25:43,720 Speaker 1: as simple as that, because we've still got that big 475 00:25:43,720 --> 00:25:46,720 Speaker 1: debate about what kind of Brexit. Well, yeah, okay, let's 476 00:25:46,720 --> 00:25:49,440 Speaker 1: part Brexit and say it was Jeremy Corbyn. The number 477 00:25:49,480 --> 00:25:52,480 Speaker 1: of Labor candidates I've spoken to, I'm sure you must 478 00:25:52,520 --> 00:25:54,560 Speaker 1: have the same who said this was the problem on 479 00:25:54,600 --> 00:25:57,960 Speaker 1: the doors, that people didn't like it. Well, without doubt, 480 00:25:58,240 --> 00:26:01,360 Speaker 1: leadership was a factor, and I think Jeremy Corbyn himself 481 00:26:01,400 --> 00:26:05,200 Speaker 1: described himself as a marmite leader. Um, and of course 482 00:26:05,240 --> 00:26:07,679 Speaker 1: none of our political leaders are doing too well in 483 00:26:07,720 --> 00:26:11,280 Speaker 1: the popularity stakes, but clearly it should be a time 484 00:26:11,480 --> 00:26:17,080 Speaker 1: where Labor doesn't descend into dissunity, but instead takes a long, 485 00:26:17,160 --> 00:26:19,800 Speaker 1: hard look at what did go wrong, Listen to the 486 00:26:19,880 --> 00:26:24,360 Speaker 1: people who voted for the Conservative Party who should have 487 00:26:24,400 --> 00:26:27,639 Speaker 1: been natural Labor supporters, and learned some lessons alight. One 488 00:26:27,680 --> 00:26:29,720 Speaker 1: of the lessons is perhaps having a different leader. Who 489 00:26:29,720 --> 00:26:31,639 Speaker 1: would you like to see leaving leading the Labor Party. 490 00:26:31,800 --> 00:26:35,520 Speaker 1: I think it's far too early. Jeremy Corbyn has already 491 00:26:35,520 --> 00:26:37,479 Speaker 1: said he's not taking the party in for the next election. 492 00:26:37,600 --> 00:26:39,560 Speaker 1: He has and he's also said that we need a 493 00:26:39,600 --> 00:26:42,000 Speaker 1: period of reflection. What I what I do know is 494 00:26:42,040 --> 00:26:46,719 Speaker 1: that we need a leader who has the values of 495 00:26:47,000 --> 00:26:50,040 Speaker 1: Labor in terms of looking for a fairer society and 496 00:26:50,080 --> 00:26:53,320 Speaker 1: a decent economy that can fund our public services. Perhaps 497 00:26:53,320 --> 00:26:56,399 Speaker 1: a woman. Labors the last major party not to have 498 00:26:56,440 --> 00:27:00,000 Speaker 1: a woman as a leader. Again, Labor has the opportunity 499 00:27:00,000 --> 00:27:03,960 Speaker 1: city within its leadership team, and I think it should 500 00:27:05,440 --> 00:27:07,639 Speaker 1: the opportunity of making sure there's a woman in the 501 00:27:07,760 --> 00:27:10,320 Speaker 1: leadership team. But I think the big issue here is 502 00:27:10,680 --> 00:27:13,840 Speaker 1: we need somebody with vision who can inspire trust and 503 00:27:13,920 --> 00:27:18,600 Speaker 1: confidence in our heartlands what should be our heartlands that 504 00:27:18,680 --> 00:27:22,760 Speaker 1: they will deliver the real bread and butter changes that 505 00:27:22,840 --> 00:27:25,560 Speaker 1: people want to see in Britain today because you know, 506 00:27:25,720 --> 00:27:28,520 Speaker 1: inequality hasn't gone away. And I can tell you this, 507 00:27:28,680 --> 00:27:30,600 Speaker 1: I think the Prime Minister is going to have to 508 00:27:30,640 --> 00:27:33,000 Speaker 1: deal with some of these difficult issues. You're going to 509 00:27:33,080 --> 00:27:34,840 Speaker 1: have to deal with him. Back to the point for 510 00:27:34,880 --> 00:27:37,639 Speaker 1: the next five years, you and the trade union movement. 511 00:27:37,760 --> 00:27:40,159 Speaker 1: You've got someone who isn't naturally an ally. How are 512 00:27:40,160 --> 00:27:43,040 Speaker 1: you going to deal with him? Well, we always seek 513 00:27:43,119 --> 00:27:47,600 Speaker 1: to represent working pupil's views, whoever's in government. We've always 514 00:27:47,640 --> 00:27:51,119 Speaker 1: done that. You know, I've met with Conservative prime ministers before. 515 00:27:51,560 --> 00:27:53,679 Speaker 1: All we ask for is a fair hearing and we 516 00:27:53,720 --> 00:27:56,960 Speaker 1: think we've got a case to make. So I look 517 00:27:57,000 --> 00:28:00,600 Speaker 1: forward to meeting the new Prime Minister and to do 518 00:28:00,720 --> 00:28:06,560 Speaker 1: that to us already written in the sandwich not sandwich 519 00:28:06,600 --> 00:28:11,639 Speaker 1: is Maybe I would hope that any Prime Minister of 520 00:28:11,680 --> 00:28:14,720 Speaker 1: the country recognizes it's important to speak to the leaders 521 00:28:14,760 --> 00:28:17,960 Speaker 1: of what is a movement of six million people and 522 00:28:18,080 --> 00:28:21,440 Speaker 1: still growing. All right, Francis O'Grady, thank you very much 523 00:28:21,560 --> 00:28:24,639 Speaker 1: joining us here. That's Francis A Grady, Secretary General of 524 00:28:24,720 --> 00:28:27,439 Speaker 1: the Trades Union Congress, speaking to here live outside the 525 00:28:27,440 --> 00:28:29,520 Speaker 1: House of Commons, where I think there'll be more people 526 00:28:29,520 --> 00:28:31,639 Speaker 1: that she will not be sympathetic with in there than 527 00:28:31,680 --> 00:28:34,040 Speaker 1: they happen in the past. So a bit of a 528 00:28:34,040 --> 00:28:35,920 Speaker 1: bit of a job for you to do. Francis Grady, 529 00:28:35,920 --> 00:28:38,880 Speaker 1: thanks for me with us, and back to you. Carolina Sebastian, 530 00:28:39,320 --> 00:28:41,600 Speaker 1: thank you so much. What you're hearing their live outside 531 00:28:41,600 --> 00:28:45,120 Speaker 1: of Westminster and listening into that conversation is blue Berg's 532 00:28:45,120 --> 00:28:47,840 Speaker 1: head of economics, Deephanie Flanders. Welcome to the program, Thanks 533 00:28:47,840 --> 00:28:50,720 Speaker 1: for joining us. Look what do you make of this? Then? 534 00:28:50,880 --> 00:28:56,280 Speaker 1: The Tory landslide biggest majority since the TUC the Trades 535 00:28:56,360 --> 00:28:59,600 Speaker 1: Union Congress. They're going to have a very tough time 536 00:29:00,080 --> 00:29:04,240 Speaker 1: of things, no doubt. It's been a massive loss for labor. Yes, 537 00:29:04,280 --> 00:29:05,960 Speaker 1: and I think that's obviously. I mean, a lot of 538 00:29:06,000 --> 00:29:09,800 Speaker 1: the focus today is on just the sheer extent of 539 00:29:09,840 --> 00:29:13,200 Speaker 1: the labor loss. I mean, in a hundred years, a 540 00:29:13,240 --> 00:29:16,120 Speaker 1: party that's been in opposition for nine years has never 541 00:29:16,160 --> 00:29:19,560 Speaker 1: lost seats. So even just that alone, that single achievement, 542 00:29:19,840 --> 00:29:22,360 Speaker 1: let alone the fact that it is by you know, 543 00:29:22,440 --> 00:29:26,560 Speaker 1: it is the worst result that that labor has achieved, 544 00:29:26,600 --> 00:29:29,160 Speaker 1: even worse than than Michael Foote, who had previously been 545 00:29:29,200 --> 00:29:31,960 Speaker 1: the sort of by word for for failure. Look, I 546 00:29:32,000 --> 00:29:34,400 Speaker 1: think that I mean the issue for them, um, and 547 00:29:34,440 --> 00:29:37,360 Speaker 1: I think they'll be debating this is, you know, why 548 00:29:37,440 --> 00:29:39,640 Speaker 1: they lost, but also where to go from here. I 549 00:29:39,640 --> 00:29:41,960 Speaker 1: think a lack of clarity and their message was probably 550 00:29:42,000 --> 00:29:45,400 Speaker 1: more important even than the substance of their proposals. You 551 00:29:45,440 --> 00:29:47,080 Speaker 1: know that that is why there will still be a 552 00:29:47,080 --> 00:29:50,240 Speaker 1: debate about what the direction of their proposals should have been. 553 00:29:50,560 --> 00:29:53,040 Speaker 1: They've been secured by geography. You know, we knew they 554 00:29:53,040 --> 00:29:56,040 Speaker 1: had a problem that they weren't, if you like, extreme 555 00:29:56,160 --> 00:30:00,200 Speaker 1: enough for many in the for those in Scotland, um. 556 00:30:00,200 --> 00:30:03,000 Speaker 1: But they were trying to hold together remainders in the South, 557 00:30:03,080 --> 00:30:05,760 Speaker 1: but also those Brexiteers in the North, and that has 558 00:30:05,880 --> 00:30:08,440 Speaker 1: has skewed them and it worked much more into conservatives 559 00:30:08,480 --> 00:30:10,880 Speaker 1: favor than maybe some people had thought. And then if 560 00:30:10,880 --> 00:30:12,960 Speaker 1: you think on top of all that was the particularly 561 00:30:13,040 --> 00:30:17,560 Speaker 1: unpopular leader. But it was the cocktail of all those things, 562 00:30:17,600 --> 00:30:19,400 Speaker 1: which they're now going to have to unpick. I'm not 563 00:30:19,480 --> 00:30:22,040 Speaker 1: sure you can unpick a cocktail, but they are now 564 00:30:22,080 --> 00:30:24,640 Speaker 1: going to have to think about what the because I 565 00:30:24,680 --> 00:30:26,640 Speaker 1: think it's not just as simple as this was a 566 00:30:26,720 --> 00:30:28,920 Speaker 1: very left winger ject Maybe in the eighties you could 567 00:30:28,960 --> 00:30:30,880 Speaker 1: have said, well, that was a very left wing manifesto, 568 00:30:31,040 --> 00:30:34,000 Speaker 1: wasn't the party, country wasn't ready for it. It's a 569 00:30:34,080 --> 00:30:36,720 Speaker 1: lot more complicated things going on, not least the way 570 00:30:36,760 --> 00:30:40,360 Speaker 1: that Brexit has just driven the party into into shattered 571 00:30:40,680 --> 00:30:42,800 Speaker 1: And what about some of these more radical proposals because 572 00:30:42,840 --> 00:30:44,840 Speaker 1: during the election they polled quite well. Do we have 573 00:30:44,880 --> 00:30:46,880 Speaker 1: to discount that now or is this an appetite for 574 00:30:46,880 --> 00:30:48,520 Speaker 1: it maybe from a new labor leader. Yeah, I mean, 575 00:30:48,520 --> 00:30:50,720 Speaker 1: that's what I think is interesting and maybe and I 576 00:30:50,760 --> 00:30:53,040 Speaker 1: think one of the sort of dismay that you heard 577 00:30:53,080 --> 00:30:58,360 Speaker 1: this morning, particularly from Northern MPs or x MPs, was 578 00:30:58,440 --> 00:31:01,520 Speaker 1: that you heard that the Conservators had managed to win 579 00:31:01,680 --> 00:31:05,120 Speaker 1: over these disgruntled working class voters in the North who 580 00:31:05,160 --> 00:31:09,560 Speaker 1: have plenty of things to be disgruntled about with the 581 00:31:09,600 --> 00:31:13,440 Speaker 1: word Brexit, but no explanation of how Brexit was going 582 00:31:13,480 --> 00:31:16,120 Speaker 1: to help with any of the things that they're concerned about. 583 00:31:16,560 --> 00:31:19,240 Speaker 1: Even when they talk the Conservatives talk about more spending, 584 00:31:19,240 --> 00:31:21,360 Speaker 1: they're clearly going to have to deliver or more spending 585 00:31:21,360 --> 00:31:24,200 Speaker 1: on the end in National Health Service, on infrastructure, all 586 00:31:24,200 --> 00:31:26,240 Speaker 1: of these things. But the amounts are very small. I 587 00:31:26,240 --> 00:31:29,080 Speaker 1: mean they have. We had a debate on this Economics 588 00:31:29,080 --> 00:31:31,800 Speaker 1: podcast about with the head of the Institute Fiscal Studies 589 00:31:31,840 --> 00:31:35,160 Speaker 1: about the substance of the fiscal proposals. And the funny 590 00:31:35,160 --> 00:31:39,120 Speaker 1: thing is that the manifesto, the Conservative manifesto was had 591 00:31:39,160 --> 00:31:42,120 Speaker 1: almost nothing in it apart from Brexit. Was a very 592 00:31:42,200 --> 00:31:45,800 Speaker 1: modest increase in spending, both on the investment side and 593 00:31:45,880 --> 00:31:49,160 Speaker 1: particularly on the current spending side. So how Boris is 594 00:31:49,200 --> 00:31:52,000 Speaker 1: going to deliver to these new MPs is a real question. 595 00:31:52,240 --> 00:31:55,880 Speaker 1: So what's the top line path of the economy from here? 596 00:31:55,920 --> 00:31:59,040 Speaker 1: Because on one hand you've got Boris Johnson promising all 597 00:31:59,040 --> 00:32:00,760 Speaker 1: of the spending, but then we just have Mandy Read 598 00:32:00,760 --> 00:32:02,680 Speaker 1: from the Woman's a Quality Party talking about the economic 599 00:32:02,760 --> 00:32:04,959 Speaker 1: hit for Brexit. How do those two things work together well? 600 00:32:05,000 --> 00:32:06,760 Speaker 1: And that's once again so we kind of the days 601 00:32:06,800 --> 00:32:08,520 Speaker 1: like this, we always end up we're talking very long term. 602 00:32:08,600 --> 00:32:10,440 Speaker 1: You know, next election, what's going to happen, but also 603 00:32:10,480 --> 00:32:13,120 Speaker 1: what's going to happen next week. Um, he clearly has 604 00:32:13,360 --> 00:32:16,560 Speaker 1: Brexit to deal with. It won't be done in January. 605 00:32:16,680 --> 00:32:19,360 Speaker 1: No one ever thought it would be. But it is 606 00:32:19,400 --> 00:32:21,680 Speaker 1: true that you know, when I say how hard it 607 00:32:21,720 --> 00:32:24,080 Speaker 1: will be for him to deliver to those working class 608 00:32:24,160 --> 00:32:27,760 Speaker 1: voters while still maintaining kind of a traditional conservative focus. 609 00:32:28,360 --> 00:32:31,080 Speaker 1: That's he's made it even harder for himself with the 610 00:32:31,160 --> 00:32:33,160 Speaker 1: kind of Brexit deal that at least at the moment, 611 00:32:33,200 --> 00:32:35,320 Speaker 1: seems to be on the cars. The deal he did 612 00:32:35,360 --> 00:32:37,680 Speaker 1: with the European Union is a pretty heart is a 613 00:32:37,760 --> 00:32:41,240 Speaker 1: harder form of Brexit, more damaging, particularly for the manufacturing 614 00:32:41,240 --> 00:32:46,120 Speaker 1: sector potentially than Theresa May's deal was. The people who 615 00:32:46,160 --> 00:32:48,680 Speaker 1: will be immediately hit by that will be people working 616 00:32:48,720 --> 00:32:52,240 Speaker 1: in those factories, often around the Northeast, around exactly the 617 00:32:52,240 --> 00:32:54,720 Speaker 1: places that have just voted Conservative. So that is something 618 00:32:55,240 --> 00:32:57,760 Speaker 1: we will see how those two things measure up. But 619 00:32:57,800 --> 00:33:01,600 Speaker 1: the bigger, the bigger majority of paper gives him capacity 620 00:33:01,640 --> 00:33:03,960 Speaker 1: to be more flexible in doing that deal and maybe 621 00:33:03,960 --> 00:33:07,400 Speaker 1: even taking longer to agree it with the European Union. Yeah, indeed, 622 00:33:07,480 --> 00:33:09,920 Speaker 1: Mr Johnson of course thanked those people who might not 623 00:33:10,000 --> 00:33:14,520 Speaker 1: traditionally vote Tory for their vote, sort of pledged to 624 00:33:14,680 --> 00:33:16,800 Speaker 1: keep their trust as it were. Look when it comes 625 00:33:16,800 --> 00:33:18,920 Speaker 1: to the markets, though, there seemed to be a great 626 00:33:18,960 --> 00:33:22,600 Speaker 1: deal more panic about the Labor Party win even the Brexit. 627 00:33:23,200 --> 00:33:26,840 Speaker 1: But do you think that overall, boys Johnson administration and 628 00:33:26,880 --> 00:33:30,760 Speaker 1: the current Conservative Party is actually going to be pro business, 629 00:33:30,800 --> 00:33:33,360 Speaker 1: because it has been quite a cautious welcome from some 630 00:33:33,440 --> 00:33:35,600 Speaker 1: of the business lobbies this morning. I mean instead a 631 00:33:35,640 --> 00:33:38,480 Speaker 1: bit of an imposible, but I think I think if 632 00:33:38,520 --> 00:33:43,160 Speaker 1: the Corbin platform had had been slightly less comprehensive in 633 00:33:43,200 --> 00:33:47,240 Speaker 1: its desire to reorganize the state, the role of the state, 634 00:33:47,320 --> 00:33:50,560 Speaker 1: and and and to put taxes onto business, then business 635 00:33:50,640 --> 00:33:52,480 Speaker 1: leaders would have had more of a challenge thinking who 636 00:33:52,480 --> 00:33:54,640 Speaker 1: do I really want to win? I think going into 637 00:33:54,680 --> 00:33:59,480 Speaker 1: this election there was not only the sort of extremity 638 00:33:59,520 --> 00:34:01,920 Speaker 1: of some of the Corbin proposals, but also the fact 639 00:34:01,920 --> 00:34:04,000 Speaker 1: that Labor was very unlikely to get a majority, So 640 00:34:04,000 --> 00:34:06,120 Speaker 1: you're going to be looking at much more uncertainty even 641 00:34:06,200 --> 00:34:09,000 Speaker 1: if you didn't have a Tory victory. Has led them 642 00:34:09,040 --> 00:34:13,080 Speaker 1: being some would say, surprisingly positive about a definite Brexit, 643 00:34:13,120 --> 00:34:16,880 Speaker 1: which may be quite a hard brexit under under president 644 00:34:16,920 --> 00:34:21,480 Speaker 1: of president under Boris Johnson. But I do think when 645 00:34:21,480 --> 00:34:24,080 Speaker 1: you look, you know a lot of the estimates before 646 00:34:24,160 --> 00:34:26,120 Speaker 1: the election. Funnily enough, even though we knew there was 647 00:34:26,160 --> 00:34:29,160 Speaker 1: a lot of city suspicion of Jeremy Corbyn actually saw 648 00:34:29,200 --> 00:34:31,839 Speaker 1: the economy larger under Jeremy Corbyn in the next few 649 00:34:31,920 --> 00:34:35,400 Speaker 1: years then under Boris Johnson, in part because of the 650 00:34:35,440 --> 00:34:37,600 Speaker 1: extra spending that he was doing and because of the 651 00:34:37,600 --> 00:34:40,160 Speaker 1: softer form of Brexit or indeed no Brexit not on 652 00:34:40,200 --> 00:34:42,279 Speaker 1: the cards now. Some great analysis there, Thank you so much, 653 00:34:42,280 --> 00:34:47,040 Speaker 1: Stephanie Flander's head of economics here at We're hanging in there, 654 00:34:47,080 --> 00:34:48,799 Speaker 1: aren't we, Caroline, Just not long now and we can 655 00:34:48,840 --> 00:34:51,279 Speaker 1: all go to sleep. After that huge victory for the 656 00:34:51,280 --> 00:34:54,239 Speaker 1: Conservative Party, the biggest majority since nine seven, back in 657 00:34:54,280 --> 00:34:56,520 Speaker 1: the days of Thatcher, we're now very much looking to 658 00:34:56,880 --> 00:34:59,560 Speaker 1: a Brexit that will happen by January thirty one, and 659 00:34:59,600 --> 00:35:02,000 Speaker 1: we've had European leader speaking as well. We heard from 660 00:35:02,040 --> 00:35:04,680 Speaker 1: trancelor Angler Merkel over in Germany. The talks on the 661 00:35:04,760 --> 00:35:07,759 Speaker 1: future relations are going to be complicated, she says, yeah, 662 00:35:07,840 --> 00:35:10,760 Speaker 1: no price is there. The EU Council President Charl Michelle 663 00:35:11,120 --> 00:35:14,200 Speaker 1: urging the UK Parliament to approve that Brexit pat quickly, 664 00:35:14,239 --> 00:35:16,440 Speaker 1: no doubt about that now they have the numbers. He's 665 00:35:16,440 --> 00:35:19,000 Speaker 1: also repeating the need for an EU level playing field 666 00:35:19,000 --> 00:35:20,480 Speaker 1: with the UK. The question there is are they going 667 00:35:20,520 --> 00:35:22,600 Speaker 1: to get that? Are they gonna be willing to give that. 668 00:35:22,840 --> 00:35:25,879 Speaker 1: And then the EU Commissioned President la under Lyon says 669 00:35:25,880 --> 00:35:29,600 Speaker 1: it expects the UK Parliament to ratify the Brexit agreement. 670 00:35:29,640 --> 00:35:31,879 Speaker 1: She says the goal is close ties with the UK 671 00:35:32,080 --> 00:35:34,400 Speaker 1: post brexit, and again it's a question of is this 672 00:35:34,440 --> 00:35:36,359 Speaker 1: the sort of brexit the boris Johnson Watts. We just 673 00:35:36,400 --> 00:35:39,399 Speaker 1: don't know. Yeah, absolutely. Merkel also saying that the UK 674 00:35:39,520 --> 00:35:42,680 Speaker 1: will be a competitor at our front door, so that 675 00:35:42,719 --> 00:35:47,360 Speaker 1: will raise some eyebrows, and La fonte Lion also citing 676 00:35:47,400 --> 00:35:50,400 Speaker 1: the need for the UK not too dump, so no 677 00:35:50,719 --> 00:35:54,120 Speaker 1: UK dumping after Brexit, so that again when it comes 678 00:35:54,160 --> 00:35:57,960 Speaker 1: to the future relationship. So look, sounding just a little 679 00:35:58,000 --> 00:36:01,840 Speaker 1: bit more tense when it comes to the UK EU relationship. 680 00:36:01,960 --> 00:36:06,279 Speaker 1: You know, matters must be resolved swiftly, but potentially I 681 00:36:06,760 --> 00:36:09,160 Speaker 1: sense these leaders very much looking to the UK being 682 00:36:09,160 --> 00:36:12,160 Speaker 1: a competitor now with the EU, now that we have 683 00:36:12,280 --> 00:36:16,600 Speaker 1: this decisive victory of the Conservative Party and Brexit likely 684 00:36:16,719 --> 00:36:18,360 Speaker 1: to be done at the end of January. Alright, well, 685 00:36:18,400 --> 00:36:21,280 Speaker 1: let's continue this conversation. It's fascinating. It's really the big 686 00:36:21,320 --> 00:36:24,879 Speaker 1: issue here, what happens to Brexit? What form does it take? 687 00:36:24,960 --> 00:36:27,440 Speaker 1: I'm going to throw over to Roger Hearing, Dan Westminster, 688 00:36:27,480 --> 00:36:30,080 Speaker 1: you've got another guest joining us for this fascinating conversation. Roger, 689 00:36:30,600 --> 00:36:32,640 Speaker 1: we have indeed sitting down with me here and what 690 00:36:32,800 --> 00:36:34,560 Speaker 1: is I have to say getting more and more freezing 691 00:36:34,600 --> 00:36:36,839 Speaker 1: by the moment is Alan Wager. It's got a very 692 00:36:36,880 --> 00:36:40,600 Speaker 1: nice and warm hat and an Alan's research associate at 693 00:36:40,719 --> 00:36:43,120 Speaker 1: UK you know, changing at Europe Group. And how should 694 00:36:43,120 --> 00:36:45,440 Speaker 1: we describe the group? It's it's a think tank basically 695 00:36:45,480 --> 00:36:48,279 Speaker 1: an academic think tanking from King's College, London, with we 696 00:36:48,360 --> 00:36:52,680 Speaker 1: focus on Brexit and what's gonna happened with Brexit? Indeed, well, okay, good, 697 00:36:52,800 --> 00:36:56,440 Speaker 1: good opening there. So how does this change things in 698 00:36:56,520 --> 00:36:58,719 Speaker 1: terms of Britain's exit from the European Union. Well, it 699 00:36:58,760 --> 00:37:01,480 Speaker 1: means we're definitely leaving on the thirty one of January. 700 00:37:01,520 --> 00:37:03,160 Speaker 1: And you know we couldn't have said that this time 701 00:37:03,239 --> 00:37:06,080 Speaker 1: yesterday that was the case. And in it gives Boris 702 00:37:06,120 --> 00:37:09,000 Speaker 1: Johnson a great deal of room for maneuver. He's got 703 00:37:09,000 --> 00:37:12,520 Speaker 1: three options now. Basically he can go for a w 704 00:37:12,760 --> 00:37:16,120 Speaker 1: T oh no deal brexit on December twenties twenty. He 705 00:37:16,160 --> 00:37:19,239 Speaker 1: can go for a sort of bare bones, stripped back 706 00:37:19,320 --> 00:37:21,200 Speaker 1: free trade deal that suthing that can be sort that 707 00:37:21,200 --> 00:37:23,319 Speaker 1: can be negotiated within eleven months, or we can try 708 00:37:23,360 --> 00:37:25,759 Speaker 1: and extend the process. But he said he won't. He 709 00:37:25,760 --> 00:37:28,400 Speaker 1: said he won't. But Boris Johnson is renowned for his 710 00:37:28,960 --> 00:37:31,560 Speaker 1: flexibility as a as a politician and as a political 711 00:37:31,560 --> 00:37:34,000 Speaker 1: operator our day, and maybe the fact that he has 712 00:37:34,400 --> 00:37:37,320 Speaker 1: a majority we think of seventy six means he won't 713 00:37:37,360 --> 00:37:39,440 Speaker 1: have to rely on the people who might be perhaps 714 00:37:39,480 --> 00:37:42,279 Speaker 1: most hostile to that, the E r G, et cetera. Yeah, 715 00:37:42,320 --> 00:37:44,279 Speaker 1: I think that the r G have have lost their 716 00:37:44,280 --> 00:37:46,879 Speaker 1: influence as every other party has as the Democratic Union 717 00:37:46,920 --> 00:37:51,440 Speaker 1: as party, not a party, a party of sorts for 718 00:37:51,480 --> 00:37:54,040 Speaker 1: a while. But yeah, they they they they they've been 719 00:37:54,040 --> 00:37:56,520 Speaker 1: absorbed into the into the into the Boris projects. So 720 00:37:56,600 --> 00:37:59,880 Speaker 1: whenever he comes up with as a solution to Brexit, 721 00:38:00,200 --> 00:38:02,960 Speaker 1: will have the vote of probably every single member of 722 00:38:03,000 --> 00:38:05,239 Speaker 1: the Conservative Party in the House of Commons. And that's 723 00:38:05,239 --> 00:38:08,480 Speaker 1: a completely different ball game to the sort of fractured 724 00:38:08,480 --> 00:38:10,399 Speaker 1: politics we've had in the last three years. We're about 725 00:38:10,400 --> 00:38:14,239 Speaker 1: to see a period of party discipline, homogeneous parties and 726 00:38:14,239 --> 00:38:16,520 Speaker 1: and it's gonna be a lot easier for Broast john 727 00:38:16,520 --> 00:38:20,279 Speaker 1: than those circumstances to you know, bend and and try 728 00:38:20,280 --> 00:38:22,080 Speaker 1: and work out what's easiest than what's best for him 729 00:38:22,080 --> 00:38:25,080 Speaker 1: to manage the economy. Probably so and early days, I know, 730 00:38:25,160 --> 00:38:26,360 Speaker 1: but I'm going to put you on the spot. What 731 00:38:26,400 --> 00:38:30,320 Speaker 1: do you reckon is going to be his route? Ah? 732 00:38:30,360 --> 00:38:32,080 Speaker 1: I think you'll try and go down the route of 733 00:38:32,880 --> 00:38:35,560 Speaker 1: of agreeing a deal within eleven months and then maybe 734 00:38:35,560 --> 00:38:39,160 Speaker 1: try and extend towards the end of twenty and the 735 00:38:39,239 --> 00:38:42,600 Speaker 1: last sort of ditch efforts, say the EU being difficult 736 00:38:42,640 --> 00:38:45,480 Speaker 1: to negotiate with as a way of sort of justifying 737 00:38:45,520 --> 00:38:47,840 Speaker 1: the extension of that transition period to sort of soften 738 00:38:47,880 --> 00:38:52,040 Speaker 1: the brexit um the impact of Brexton in the short terms. 739 00:38:52,080 --> 00:38:54,279 Speaker 1: I think you'll sort of try and use EU in 740 00:38:54,320 --> 00:38:57,560 Speaker 1: transigence to as a as a method to to extend 741 00:38:57,600 --> 00:39:02,040 Speaker 1: the transition period beyond December twenty twenty. So Angler Merkel 742 00:39:02,440 --> 00:39:04,360 Speaker 1: just now within the last few minutes saying that the 743 00:39:04,400 --> 00:39:08,040 Speaker 1: EU UK future relationship talks need to go very fast, 744 00:39:08,120 --> 00:39:10,680 Speaker 1: but that the short time frame will be the biggest challenge. 745 00:39:10,880 --> 00:39:15,320 Speaker 1: But actually both Merkel and Fronte Leine Vodeline sounding um 746 00:39:15,360 --> 00:39:18,920 Speaker 1: a little bit tougher. I I suspect in what they're saying, 747 00:39:18,960 --> 00:39:22,360 Speaker 1: you know, talking about the UK should not you know, 748 00:39:22,360 --> 00:39:25,800 Speaker 1: pursue any dumping when it comes to brexit, so post 749 00:39:25,840 --> 00:39:28,640 Speaker 1: to Brexit that there should be no well I'm assuming 750 00:39:28,920 --> 00:39:33,360 Speaker 1: trade dumping of various kinds alluding to So it sounds 751 00:39:33,360 --> 00:39:36,480 Speaker 1: like they're getting tougher, are they, Yeah, so that they'll 752 00:39:36,520 --> 00:39:39,080 Speaker 1: sensence as an opportunity. The EU, just as in the 753 00:39:39,160 --> 00:39:42,400 Speaker 1: last stage of the negotiations, has the power in the negotiations. 754 00:39:42,440 --> 00:39:45,440 Speaker 1: That's the larger partner. It's flexible, it's it doesn't have 755 00:39:45,480 --> 00:39:48,640 Speaker 1: this deadline, so it will it will use this, this 756 00:39:48,760 --> 00:39:53,680 Speaker 1: self enforced deadline by the UK to to extract the 757 00:39:53,719 --> 00:39:57,160 Speaker 1: best possible h deal with between the UK EU, and 758 00:39:57,200 --> 00:40:00,160 Speaker 1: that will be a suboptimal deal for the UK. And 759 00:40:00,200 --> 00:40:02,440 Speaker 1: that's just the matter of fact that it's exactly the 760 00:40:02,480 --> 00:40:07,400 Speaker 1: same strategic problem that the uk UH faced when it 761 00:40:07,440 --> 00:40:09,239 Speaker 1: when it when it triggered Article fifty had said it's 762 00:40:09,239 --> 00:40:11,839 Speaker 1: of an artificial deadline and we ended up being um 763 00:40:12,520 --> 00:40:15,520 Speaker 1: um losing out basically in the in the in the 764 00:40:15,560 --> 00:40:18,160 Speaker 1: negotiations as a result. And that's what's gonna happen here probably. 765 00:40:18,239 --> 00:40:19,920 Speaker 1: But alan the interesting point now is that we have 766 00:40:20,000 --> 00:40:23,799 Speaker 1: a period during which nothing changes, essentially towards the end 767 00:40:23,840 --> 00:40:26,799 Speaker 1: of this year, um in terms of relationship. We don't 768 00:40:26,800 --> 00:40:29,480 Speaker 1: have a say in Europe, but we we essentially don't 769 00:40:29,560 --> 00:40:33,719 Speaker 1: change the way we work. So the the economic downturn 770 00:40:33,800 --> 00:40:35,200 Speaker 1: that could come from any of this, we're not going 771 00:40:35,239 --> 00:40:37,399 Speaker 1: to feel that for a while either. Yes, we're gonna 772 00:40:37,400 --> 00:40:40,799 Speaker 1: have a period probably of Boris Johnson maintaining even increasing 773 00:40:41,440 --> 00:40:44,680 Speaker 1: his popularities on the vhone. Now, I mean he's going 774 00:40:44,719 --> 00:40:48,080 Speaker 1: to leave the European Union on the thirty versa of January. 775 00:40:48,080 --> 00:40:50,440 Speaker 1: That will obviously be a sort of triumphant moment for Johnson, 776 00:40:50,680 --> 00:40:53,719 Speaker 1: and then there won't necessarily be that direct hit from 777 00:40:53,719 --> 00:40:57,560 Speaker 1: Brexit on the economy. Felt for another, for for another, 778 00:40:57,640 --> 00:40:59,719 Speaker 1: for for for another few years, and for another couple 779 00:40:59,719 --> 00:41:01,640 Speaker 1: of years. If he tries to extend the transition period, 780 00:41:01,680 --> 00:41:04,400 Speaker 1: it's win win for Johnson here. But alan his message 781 00:41:04,440 --> 00:41:07,200 Speaker 1: politically was get Brexit done, and we know it's not 782 00:41:07,239 --> 00:41:09,120 Speaker 1: gonna be done in October thirty one. These talks are 783 00:41:09,160 --> 00:41:11,239 Speaker 1: going to go on as we As we've mentioned, are 784 00:41:11,239 --> 00:41:13,400 Speaker 1: the public ready for that? Are they expecting it to 785 00:41:13,400 --> 00:41:16,480 Speaker 1: be more straightforward? I mean, yeah, I work for a 786 00:41:17,040 --> 00:41:18,719 Speaker 1: Brexit think Tank and we and we we we we 787 00:41:18,760 --> 00:41:21,279 Speaker 1: said obviously, you know, Brexit is going to continue to 788 00:41:21,320 --> 00:41:24,759 Speaker 1: be a key issue facing the UK government, is going 789 00:41:24,800 --> 00:41:28,240 Speaker 1: to define what the government does. But for many voters, 790 00:41:28,320 --> 00:41:30,359 Speaker 1: when they hear that we've left the European Union, it's 791 00:41:30,400 --> 00:41:32,920 Speaker 1: possible at that point that they then zone out of 792 00:41:32,960 --> 00:41:35,360 Speaker 1: the process and the politics of it sort of drains away. 793 00:41:35,760 --> 00:41:37,839 Speaker 1: So we might we have a situation where well, that's 794 00:41:37,840 --> 00:41:39,880 Speaker 1: perfectly right, and I think that's what that's what you know. 795 00:41:40,239 --> 00:41:42,719 Speaker 1: I would argue that, you know, getting Brexit done isn't 796 00:41:42,880 --> 00:41:46,600 Speaker 1: that simple. But perhaps if if Boris Johnson can sell 797 00:41:46,600 --> 00:41:49,560 Speaker 1: it as we've left the European Union, everyone might focus 798 00:41:49,560 --> 00:41:51,360 Speaker 1: away and they might move from page one of the 799 00:41:51,400 --> 00:41:53,719 Speaker 1: news to to page or nine in the newspapers. And 800 00:41:53,719 --> 00:41:56,600 Speaker 1: that's that's maybe what Boris Shohn's is hoping for. Okay, 801 00:41:56,600 --> 00:41:59,959 Speaker 1: this from President Donald Trump this morning, Congratulations to boys 802 00:42:00,040 --> 00:42:02,600 Speaker 1: Johnson on his great win. Written in the United States 803 00:42:02,640 --> 00:42:05,200 Speaker 1: will now be free to strike a massive new trade 804 00:42:05,200 --> 00:42:08,480 Speaker 1: deal after brexit. How possible is it that we can 805 00:42:08,520 --> 00:42:11,799 Speaker 1: get a U K EU trade deal and a UK 806 00:42:12,200 --> 00:42:16,120 Speaker 1: US trade deal well as as as as was pointing 807 00:42:16,120 --> 00:42:18,400 Speaker 1: out in the Selection and As you know, Jeremy Corbyn 808 00:42:18,400 --> 00:42:20,440 Speaker 1: tried to use the NHS as a way of sort 809 00:42:20,440 --> 00:42:24,280 Speaker 1: of instrumentalizing this this this problem. These two trade deals 810 00:42:24,320 --> 00:42:26,080 Speaker 1: are going to be in conflict. If you're in the 811 00:42:26,160 --> 00:42:28,960 Speaker 1: orbit of the United States, that's a very different sort 812 00:42:29,000 --> 00:42:31,480 Speaker 1: of economic model too. If you're in the orbit of 813 00:42:31,840 --> 00:42:35,320 Speaker 1: the the European Union as a very different regulatory space. 814 00:42:35,640 --> 00:42:37,719 Speaker 1: You know, we use the example of colorinated chicken, but 815 00:42:37,760 --> 00:42:39,360 Speaker 1: it does work as an example. If you want to 816 00:42:39,360 --> 00:42:41,480 Speaker 1: have a deal with the US, then you have the 817 00:42:41,520 --> 00:42:43,120 Speaker 1: Colorina chicken. You wanna have a deal with the EU, 818 00:42:43,200 --> 00:42:45,640 Speaker 1: you can't have a back door to the Colorina chicken. 819 00:42:45,719 --> 00:42:48,760 Speaker 1: So it's a it's a real it's a real um, 820 00:42:48,760 --> 00:42:51,200 Speaker 1: it's a real either or choice in a way unless 821 00:42:51,239 --> 00:42:54,280 Speaker 1: you unless you yeah. And that's the that's the problem 822 00:42:54,320 --> 00:42:57,840 Speaker 1: that's sort of facing Boris Johnson. Is it probably politically 823 00:42:57,920 --> 00:42:59,480 Speaker 1: is he has promised this trade deal with the US 824 00:42:59,520 --> 00:43:01,719 Speaker 1: and if that's and pay off and that can't come 825 00:43:01,760 --> 00:43:03,759 Speaker 1: to fruition, then then maybe that will be something that 826 00:43:04,200 --> 00:43:07,560 Speaker 1: can be pinned on him and alan what about the 827 00:43:07,600 --> 00:43:10,480 Speaker 1: positions to negotiate. If you look at Europe, you've got 828 00:43:10,480 --> 00:43:13,800 Speaker 1: this very public sprat spat between Macron and Merkel. Merkel's 829 00:43:13,800 --> 00:43:15,960 Speaker 1: week at home, she's got the threat from the SPD 830 00:43:16,320 --> 00:43:18,000 Speaker 1: and in the US you have an election coming up, 831 00:43:18,040 --> 00:43:20,360 Speaker 1: so there's uncertainty on on both sides. Are there in 832 00:43:20,400 --> 00:43:25,040 Speaker 1: a position to drive this hard to Boris Johnson, I 833 00:43:25,080 --> 00:43:26,800 Speaker 1: think they will be in a position in the European 834 00:43:26,880 --> 00:43:29,520 Speaker 1: Union because of the premier, these these these EU leaders 835 00:43:29,680 --> 00:43:33,120 Speaker 1: have largely outsourced the negotiations to the Commission, who will 836 00:43:33,160 --> 00:43:36,840 Speaker 1: have a lot more continuity within their political uh you 837 00:43:36,880 --> 00:43:39,360 Speaker 1: know environment. I get the point you make about Merkel 838 00:43:39,400 --> 00:43:42,080 Speaker 1: and uh and and Mcoron and that the tensions that 839 00:43:42,120 --> 00:43:44,919 Speaker 1: are opening up there. I mean, you know, the US 840 00:43:44,960 --> 00:43:48,200 Speaker 1: trade deal issue is just isn't going to be resolved 841 00:43:48,200 --> 00:43:49,640 Speaker 1: and there isn't gonna be a deal with with Trump. 842 00:43:49,680 --> 00:43:50,920 Speaker 1: So I guess it is in a way a bit 843 00:43:51,160 --> 00:43:53,680 Speaker 1: slightly moot what what the outcome is in those in 844 00:43:53,920 --> 00:43:56,040 Speaker 1: that in that in that, in that contest. But I 845 00:43:56,080 --> 00:43:58,600 Speaker 1: think I think for the the EU UK trade trade talks, 846 00:43:58,600 --> 00:44:01,520 Speaker 1: they will for the for the European Union, they'll they'll 847 00:44:01,520 --> 00:44:04,640 Speaker 1: still have some continuity and mere Barnier is continuing as 848 00:44:04,680 --> 00:44:06,760 Speaker 1: as head of those talks. So so I mean Alan 849 00:44:06,840 --> 00:44:09,280 Speaker 1: is there not a possibility in the end that given 850 00:44:09,320 --> 00:44:11,600 Speaker 1: as usually, that it might start going to being the 851 00:44:11,600 --> 00:44:13,799 Speaker 1: back of the newspaper rather than the front. That the 852 00:44:13,840 --> 00:44:16,719 Speaker 1: people over there behind us and the civil servants down 853 00:44:16,760 --> 00:44:18,520 Speaker 1: the room might say, let's have a Brino, let's have 854 00:44:18,560 --> 00:44:22,080 Speaker 1: a Brexit in name only. Let's actually change almost nothing, 855 00:44:22,280 --> 00:44:25,560 Speaker 1: because frankly, that's what we all want. I don't think that, yeah, well, 856 00:44:25,640 --> 00:44:28,160 Speaker 1: it would have a softer Brexit than perhaps Jacob rees 857 00:44:28,280 --> 00:44:30,640 Speaker 1: mog once. But I'm not sure that there's going to 858 00:44:30,719 --> 00:44:32,920 Speaker 1: be politically possible to stay in the Customers Union or 859 00:44:32,920 --> 00:44:35,000 Speaker 1: the Single Market. So if you said three years ago, 860 00:44:35,400 --> 00:44:37,719 Speaker 1: is that brexit in name only, it's definitely not. I mean, 861 00:44:37,719 --> 00:44:40,000 Speaker 1: it's it's gonna be uh, it's gonna be a pretty 862 00:44:40,040 --> 00:44:44,960 Speaker 1: tough form of brexit for the Europe, for the UK economically. Yeah, 863 00:44:45,120 --> 00:44:47,759 Speaker 1: I think we're in a situation where, uh, you know, 864 00:44:47,960 --> 00:44:49,759 Speaker 1: it's it's whether or not there'll be there'll be a 865 00:44:49,760 --> 00:44:52,560 Speaker 1: trade deal, it'll be a'll be a one of loose arrangement. Alright, Alan, 866 00:44:52,600 --> 00:44:55,040 Speaker 1: thanks very much indeed for doing that, Alan Wager their 867 00:44:55,120 --> 00:44:59,879 Speaker 1: research associated at UK in Enanging Europe. Caroline Roger, thank 868 00:45:00,040 --> 00:45:02,799 Speaker 1: you so much. For joining us at live from Westminster 869 00:45:02,880 --> 00:45:05,840 Speaker 1: this morning. Just a final thought then, as we wrap 870 00:45:05,920 --> 00:45:10,520 Speaker 1: up this election special Roger, just looking ahead to the timetable. Now, 871 00:45:11,239 --> 00:45:13,520 Speaker 1: when will we see Parliament actually sit now that we 872 00:45:13,600 --> 00:45:17,239 Speaker 1: have the results? Well, there is an interesting question where 873 00:45:17,239 --> 00:45:20,480 Speaker 1: I asked Tobias Ellwood and earlier this morning. He didn't know. 874 00:45:20,800 --> 00:45:22,400 Speaker 1: But we do know that they want to get it 875 00:45:22,440 --> 00:45:26,120 Speaker 1: through the second reading by Friday, so I guess that 876 00:45:26,200 --> 00:45:28,799 Speaker 1: means possibly Monday morning. We'll we'll watch and see. But 877 00:45:28,840 --> 00:45:30,640 Speaker 1: at the moment I think it's just too cold for 878 00:45:30,680 --> 00:45:32,440 Speaker 1: anyone to come down here a little alone in Scotland. 879 00:45:32,680 --> 00:45:34,240 Speaker 1: But we'll see. Perhaps they are all on the planes 880 00:45:34,280 --> 00:45:36,239 Speaker 1: on the way back, all wrapped up and muffled up 881 00:45:36,239 --> 00:45:38,480 Speaker 1: and ready to vote. So it's Christmas ruin then, Roger, 882 00:45:40,320 --> 00:45:43,839 Speaker 1: for you and I possibly and for them too. Now 883 00:45:43,840 --> 00:45:45,600 Speaker 1: I don't think i'll see over Christmas, but we'll see. 884 00:45:45,640 --> 00:45:49,759 Speaker 1: We'll see great stuff. Roger hearing their live outside of Westminster. 885 00:45:50,080 --> 00:45:53,480 Speaker 1: That's it for this hour of Bloomberg Westminster, our special 886 00:45:53,560 --> 00:45:58,600 Speaker 1: election coverage. Really, this is a historic day for the 887 00:45:58,640 --> 00:46:03,480 Speaker 1: Conservative Party, biggest win since Margaret Thatcher, a trouncing for 888 00:46:03,520 --> 00:46:06,400 Speaker 1: the Labor Party, and it comes down yet again in 889 00:46:06,440 --> 00:46:09,120 Speaker 1: this election to a two horse race. This as we 890 00:46:09,160 --> 00:46:10,879 Speaker 1: looked to boys Johnson and who he's going to pick 891 00:46:10,880 --> 00:46:13,080 Speaker 1: for the cabinet that will be next. Yes, so many issues, 892 00:46:13,120 --> 00:46:15,160 Speaker 1: not at least to mention the future of Scotland, Northern 893 00:46:15,200 --> 00:46:17,360 Speaker 1: Ireland and North of England. If you're listening to bloom 894 00:46:17,400 --> 00:46:21,759 Speaker 1: Local Westminster, Bloomberg Westminster listen weekdays at noon on D 895 00:46:21,880 --> 00:46:23,560 Speaker 1: A B digital radio in London