18 Burst results for "George Osborne"
"george osborne" Discussed on The Leader
"Let's talk a bit about Joe Biden because I'm always intrigued that trump seems to want to keep saying, Joe, Biden's forty seven years in public service as though this is somehow a bad thing when it strikes me as Biden's only claim to be the president and and this is very much is. Strangely, presidential election and what I mean by that is that usually the two candidates are as well as the candidate to be commander in chief presently, United States are embodiments of a party in a program and behind them there is at least a little bit of a sense of competing visions for the country with policy platforms, and though if you're a real nerd, you can go and find those things in this election. Actually, part of the conversation particularly and Biden really is just the not trump character. Do you have any sense of what Biden presidency might be like? Do you know? Any sensitive Democratic Party actually once for years now, contacts I have with the Democrat party been agonizing over the fact that they've never renewed. They don't know what four they don't really have a sense of what a Democrat administration would wants to do. Well, they may be gifted one through the virtue of not being. Donald, trump's do you have any sense of what would be in for that with a case? Well, I think you can look at some specifics. He actually is proposing Joe Biden a pretty radical. Plan, for dealing with climate change a green deal I'd say that's the sort of central policy. Part of the platform, the impacts of climate change don't pick and choose. That's because it's not a partisan phenomenon. It's SCI. He's going to increase business taxes and increase taxes on wealthy Americans, there will be some kind of extension of healthcare. Now. Those are all things. By the way he requires a Democrat Congress for one of the interesting things. Election is all the Democrats also going to win the Senate if they don't. He's going to be very hamstrung and doing those things. So there is a platform there I don't think he's going to be able to deliver lasting immigration reform that people would like I think the whole issue of black lives matter and the African American experience in America's extremely how to. In a way that everyone's going to be happy with Barack Obama could. I think however, the real change that will happen if Joe Biden gets it is it's a return to mainstream politics. That's the big picture. The big picture is you know trump wall seen as part of A. Of of sort of nationalist movements and populism for years ago if Joe Biden the the beltway candidates, the inside becomes the prison united. States. Be Business as usual will be back to a much more predictable American president who picks up the phone to his allies and it, and that for me is what this contest is going to after it happens and it Biden wins. We're going to feel that as the big change in global politics now once obviously that's true..
"george osborne" Discussed on Amanpour
"If you're really doing a real world efficacy study where you're putting people who are at high risk of becoming infected and slitting half into placebo group happened to vaccines. If you go through that three phase process it takes a year to eighteen months. And that's assuming things don't go wrong and Hari. Things always go wrong always. There's a manufacturing problem. There's a safety issue. There's no more transmission. Ebola virus in the region. Look what happened with Zico and Zico Efficacy Vaccine Trials? They hit the wall because he could win away in the regions where the vaccines being tested. So that's traditional now. Can we speed it up beyond that year or eighteen months? They're very provocative ideas out there that potentially could speed things up even more okay. So LET'S SAY BEST CASE SCENARIO. We do come up with a vaccine. Is this something that everyone on. The planet needs to have the we get some sort of global herd immunity or are we essentially going to be concerned about Corona Virus Cova nineteen outbreaks depending on what country you lived in whether you had access to this and where you're traveling so to break the back of an epidemic you have to get below one. One is each infected Bursa infecting one other person if you get below that the epidemic peters out so how do we get below one? It's called the barn nod of one to get technical. But how do you get Arnab below one a vaccine in about half the population with the existing her immunity that already exists from natural? Infection will get below one and there's an interesting experiment that occurred in the United States with the introduction of the polio vaccine. The polio vaccine came out in nineteen fifty five from Jonas Salk was about seventy percent effective about seventy percent of the kids in the country received the vaccine between nine hundred fifty five nineteen sixty one. The polio new cases dropped by ninety six point. Six percent from seventy percent efficacious vaccine with seventy percent of the people receiving. We broke the back of polio entirely. In in six years time with you know mediocre maxine that a lot of people can get so. It doesn't have to be everyone. Does this go away. Do we get to that smallpox eradication. Which is what we really want. You mean smallpox went into freezers. That's the only place it exists because of radicalization program the world jointly did together were attempting to do the same thing with polio. Now we can do that with vaccines. We.
"george osborne" Discussed on The Leader
"In the last twenty four hours have been no new locally transmitted cases of Kupuna virus anywhere in China a month ago there were thousands being reported every day if I was the government and posing draconian quarantine laws restricting travel in some places people want allowed to leave their apartments. For a month they are far harsher methods in a currently being used in the U. K. But Rory Stewart who ran against Boris Johnson for the Tory leadership role has written in the standard to say what China and others are doing should be replicated here and he joins me on the phone. Roy What are you talking about one of them? Is that many of the things that the government is doing gradually should be done at once and immediately and should ideally have been done a week or two weeks ago but it's still probably enough time to do the now so to give some examples running through the moment the government is emphasizing the isolation of elderly people. We should be isolating everybody without exception so this should be no movement in or out of homes. Maybe a few very very extreme exceptions that you need from Russian circus but basically we should be imposing isolation on the entire population not just on elderly people if we want to suppress this disease robust it. Secondly the government's talking about closing schools on Friday but leaving exceptions for the children of emergency workers. They should be closing. All their schools. Children transmit the disease and they will transmit the disease to those emergency workers but roar if I can just pick up on that point there if we don't have emergency workers hospitals because their home looking after two kids at home from school. Then that's GONNA put more pressure on hospitals so we're not the first country to go through this China South Korea. Many others have had to deal with this issue. The answer is that you have to find a way of providing calf. This children at home said the emergency weapons can get into that jobs. But the best way to do that is not to congregate large numbers of children in schools where they will transmit the disease from one to another and then take the disease back to the HOUSE OATS. That sounds fine in the short term but in the medium term that just means the Russians workers going to get infected more quickly. The other thing though is really the the UK is not China. We don't have the same kind of government. We don't have the same kind of culture. This is not an authoritarian state. If we try and clamp down on the public in the same way that China has surely that will be met with resistance. It's possible that it would but remember that democratic countries like South Korea which not China of Wilson manage to reverse the course epidemic. They've done it through another thing that the government is not doing which is very very extensive testing south protests about ten thousand cases a day. We've thought she moved away from testing so another way to approach. This would be too much much more rigorous testing we should also be closing obviously or restaurants bars pubs immediately. The mixed messages from the government means that I'm getting reports from your conception of London of people seeing up still full. This is crazy at the moment. It's completely crazy of parliament when they know that a number of the affected now going into parliament again this afternoon so people are not taking meshes which tough enough if what they want to do is what I believe we should be doing. Which is suppressing not mitigating. And I keep coming back to this technical difference but it's very suppressing about reducing the number of cases dating very radically. It's reversing the cost the epidemic. What the government is still trying to do is take meshes. Which aw. They feel a hard enough to flatten the COF- in other words make the number of cases go up more slowly but then not hard enough to she start reducing the data caseload on the problem with the government suppression is that even with the most extreme flapping in the world. You'll never gonNA be able to flatten enough to get within the capacity of the. Nhs you're still going to overwhelm the NHL has many times over your so going to end up with hundreds of thousands people dying the O.`Neil tentative to that is to follow a Chinese or South Korean or Japanese. Basically an Asian model where you take much much more radical efforts to suppress has this virus already change the UK's we knew it yes And it will change it much much more in the future. So we're benny beginning to sense away. Through this. The first is that the economic impacts will be beyond anything. I think we've seen since the last time that we actually had to think about the scale of Bertelli session had to think about how you deal potentially with food rationing had to think about an entire workforce being removed was what we were fighting a war and remember that involved a forty percent contraction of our GDP. So we're moving into a world now where we can feel it already. You will have many many friends and many other people listening to this. Have many friends who are already being laid off. Many many people in Britain are very temporary contracts and we are service economy in London. Ninety two percents of people. What for services in the Melissa face to face services and they're very very close to the financial edge so people will be laid off very very quickly and it will become very important for the government to provide financial support to be. I would suggest that. The government now considers moving immediately to a basic income payment in other words giving people a thousand pounds of bumps regardless in order to keep going so that they can pay for basic groceries. And keep themselves and you can read worries article in the Evening Standard newspaper and online at Standard Uk Now Barney. Listen can you read that for me so row now house with starting the great adventure of learning how to do the home schooling and clearly? We need some advice so earlier I spoke to Jamie Frost who gave up a job as an investment banker to set up the online learning site. Dr Frost Maths Dot Com and since the corona virus pandemic began. He's seen more than one hundred thousand additional visits per day and I began by asking him. What's the first thing parents doing this should be? Doing may actually check the schools arrangements so many schools have like a virtual learning environment. My School tiffin school. We've been using some include Google classroom to make sure that the work is set there. We've also obviously been communicating with students by email to provide a video conferencing links if we want to actually present some material to the class and the school might have arrangements is world about loggins to certain subscription websites in my hab and so on so. I think that's the most important place to start to check the schools arrangements because most schools generally have clear plan about what they want students to do for the home learning. If I was at school at my school was closed. I'd be thinking I've gone indefinite holiday here. How do you kind of make them or should you make them sit down and and do schoolwork? Parents can check the child's timetable. That would usually haven't at school and tried to follow that as much as possible. Just kind of practical things. That making sure that they're properly dressed so it feels as much like a proper schoolday as possible and sometimes it's just kind of practical things like making sure that you've got that good environment for learning in the home. Maintaining mental health is is increasing important. Because your kid will feel quite to be quite frightened about the whole experience and and quite isolates than just making sure that they have that time to get out. The house have a good break. Go for walk outside and practical things just as important as the actual kind of educational aspect in terms of what? They're actually learning. I think problem might be parents kind of feeling that this is kind of overwhelming to do by themselves but is that what whom schooling is you know is the support for people. Can People Support Each Other? We've homeschooling the very much has responsibility of how to educate the child. I still think it's responsibility of schools to make sure that they're adequately giving work to their students and making sure that adequate communicated to them so the parents shouldn't feel up they have Otis that they might want to have some input in terms of what they're teaching them. But it's eight socially the schools that should be communicating their syllabus communicating. What toss the students want to do? What kind of resources are the out there for for people who need advice and also I guess worksheets and things to do for the tool so it must be depends on the subject? I think students would largely be aware of the kind of losses that their school is using so in math. Fix on Paul. There's a variety place for teaching videos. My Site Dot First. Masic sample has about two hundred seventy videos. There is also a great Guy John Corbett who runs Colbert maps. And he produces a bunch of well for Roma subject that similar sources. So you've got Jerry Lingo. Mfl example for languages my son's currently in detention by the way. And that's the leader. Subscribe to your podcast provider and give us a rating. We're back tomorrow at four PM..
"george osborne" Discussed on Amanpour
"And that's why this result is so difficult to predict because there are so many moving parts you could could get an and I think the sort of central expectation is the Boris. Johnson probably wins with a smooth majority in and stays in office so that it doesn't necessarily result BREXIT. I said but there are many other outcomes way. He can't form a government and there's a Rainbow Alliance in which Jeremy Corbyn you know we'd be the first Marxist Prime Minister Britain Britain's had finds himself in office supported by other parties. So it's it's it's a real kaleidoscope and right in the harmful politically homeless people. Millions the people on the left who don't want a Marxist liberal tores who who wanted to socially progressive internationalists pro European conservative movement and having got one and where those politically homeless people go whether they're scared back into their camps. If you like or push back into camps whether they find a new home is is one of the really interesting features. A selection the latest grandee to leave your party. The Tory party is one of your predecessors Philip Hammond who was Chancellor of the Exchequer and he was kicked out and he He has said he's not even going to contest his seat in the next election because he in conscious conscience cannot run as a conservative nor does is he wants to run against a conservative as an independent just talked a little bit. Because you'll government David Cameron learn who brought the referendum. That everybody thinks was the worst decision in modern British politics. And you were the chance to the CIA exchequer and you didn't tell me you didn't agree with having a referee I was against having a referendum but but you had the Alabama in retrospect. Could you have to work harder to make sure that referendum didn't happen even think about that. All the time I think would have made any difference. If I had resigned. I was against having having. I mean the the conservative movement movement got it into its head that the best thing to ask the people about Europe because it was itself divided and didn't have an answer. I think the much more that of course has been very damaging but the departure today of Philip Hammond who was my successor as Chancellor and at four minutes at Cannes film of our minister. Ken Clock Walk. who was a minister under Margaret Thatcher? Also chance expect these two big figures in the Tory movement in this country have been pushed down. And it's pretty extraordinary that if the Conservative Party abandons that centrist tradition then it's really I think can some confining itself to the political margins and we'll pay intellectual price probably in parts of this election but certainly in the future there are many good friends of mine still in the Conservative Party and the government but they need to remember how we used to win and we used to win by being in the center by being for everyone for being socially progressive and internationalist and the Conservative movement. Here is in danger. Forgetting both as you said the left and the right of being pushed to the extremes Do you think and I think the rest of the world wants to know that. There's any chance chance that breaks. It might not happen. Boris Yeltsin is already failed in his promises to the people he said. I'll Diana ditch rather than not have happened thirty first of October. Well it hasn't happened. Will well it for sure happened January thirty first which is the next deadline. And could there be another referendum. That could that could change the vote. Yes I think it's very likely that could be another referendum in a way because of the political system again com agree on on Europe. And we revisit the reasons why we had a referendum in the first place. So we've had many missed deadlines many absolute do-or-die promises that wouldn't be missed and we're now heading into an election where there's any outcome other than on a clear majority for Boris Johnson. I think we're into a second referendum early in the New Year and now and that's going to be close as well because the country country hasn't hugely changed from the country was three and a half years ago but that contest was Clayson in this contest. Perhaps more young people taking part in the contest You could see the result go the other way in United States. You've seen how many many members of the President's Party the Republican Party are just simply retiring being not running in two thousand twenty either either House of Congress here. We've seen an alarming number. People mostly women deciding not contest their seats not to run in this next election stepping down because of the toxic environment I mean it just seems that is a toxic political environment certainly here on the brexit seditious. There's been a lot of verbal abuse. A lot of misogynistic sexist and very ugly stuff and I've had to have protection etc.. I mean what what can you say about that. I mean that's going to change anytime soon. Even with the new election that -sity the country's very divided British politics. Six is always been very robust. Anyone who's ever seen from his questions on visual no but it's much more toxic. Social Media has fueled that I. I think we don't know yet. Whether this is pulsing phase as social media disrupts politics around the world and then people adjust to the new communication medium just as they had during the past two just to the television and the radio in the printing breasts hundreds years ago. You know all this is actually a more permanent. I'm more optimistic. That mainstream reinforces. Moderate forces will harness this new technology and find a way to promote their causes at the moment. However that's a hope rather than I I can't point to hard evidence of it and hopefully becomes an environment in which women feel much more comfortable into politics and remaining in politics? Good news is there. Archie got a few good women standing now women standing for parliament and I hope they alighted each just talked about evidence one of. I don't know whether you saw this poll this week. It was done for Bristol so university which said that the majority of of a group of Livas who they decided to to talk to simply do not believe the experts on the economy. Meet so you started by saying the evidence shows that the economy will be significantly worse after Brexit brexit situation. And Levers don't believe they don't I believe the experts you remember during the campaign. One of the main breaks. It is said people have had enough of expert that seems to have trickled down and stuck with the levers. How worrying being is that the people again? We see that in the United States as well many issues depending on what part of the political spectrum are. You just don't believe the facts and you think they're just is politicized. I think that's been a general feature I think again it's it's social. Media is in a in an age when everyone watched network television in the whole nation gathered around the television set then there was sort of trusted reporters who told you the facts that was easy to control. Now people get their news for many different sources. But I would say there's a bit of a fightback coming. It's an interesting for example today the Conservatives doctored a breakfast television interview from one of the Labor spokesman they winkled out on it and having to retreat later today. Labor Party is found itself similar trouble early on in this election. Contests there seems is to be more aggressive fact checking on by our domestic broadcasters and that's already too from what I can see beginning to temper the behavior of the politicians Shinzo make it more difficult for them. Just ignore the noise and go on repeating I message and as a former chancellor and you know somebody who's right in the heart of power. Do you think this country is doing a good enough job of protecting protecting itself from the kind of foreign interference. The did happen during breaks it and obviously happened and in the two thousand sixteen election. Well there is a the moment is suppressed report suppressed because it was published before the parliament break for the election and it hasn't been in all in Russian interference in the referendum campaign in two thousand sixteen in the UK familiar to use listeners and viewers it it was never clearly not on the scale of the US experienced but you have to ask yourself the basic question which is why would the Russian government want a leave leave vote in a referendum in the simple reason because they want to break up the ties of the West they want the break up. The alliances the holds Britain to the European Union Union as well as to our key allies like the United States and they want our opponents want disruption and whether or not it it made any difference personnel. I suspect it probably didn't affect the outcome. Nevertheless you have to ask yourself. Why was the motive? And that's a clue to the costs that the country it has embarked upon that may change. It's it's really interesting so much at stake George Osborne former chancellor. Thank you very much for joining US thank you. Hey guys. This is Kinda Rogers. I live in active lifestyle with tons of travel during football season constantly on the go. I can't sacrifice acuff is style for comfort and thanks. I don't have to anymore. I'm sure you guys can't stand shopping. But it's easy. It takes no time to place an order on their website. The underwear shirts and sweats are perfect for workouts..
Boris Johnson poised to nominate old pal and ex-Chancellor George Osborne as British candidate for the IMF
"The boys Johnson once the former finance minister the former chancellor George olds born taxi lead the IMF unease is trying to get some very big plus to support him yeah that's right so Boris Johnson is according to sources I spoke to Bloomberg on the U. K. prime minister plans to use G. seven meetings this weekend to try and drum up support for George Osborne as a candidate to take over from Christine Lagarde at the I MF because more and is currently the editor of the evening standard he was previously chancel chancellor of the exchequer from two thousand ten two thousand sixteen under it David Cameron I'm so I guess we'll see if Johnson can get any support I mean he's going to be trying to woo support away from the E. U.'s candidate something that may prove to be a bit difficult I would be too cynical suggests that the evening standard support for Boris Johnson the Conservative Party election of course
"george osborne" Discussed on FT Banking Weekly
"The director of the FA that in the PR as view, a criminal charge could represent a safety and soundness issue for the Bank. So it could ultimately way on its ability to fund itself and its capital levels. He said he was meeting Sedav it's to assist in weighing up the public interest, and that's important because each time the director of the SF. Oh has to come to charging decision. He not only has to weigh up how much evidence there is. But also, whether it's in the public interest to actually charge an individual or entity. So the reason why this is particularly important is that it comes ofter. There have been various other attempts by the UK government or other UK authorities to try and plead, the case for banks and for prosecutors to ultimately go easy on them. If you remember back in twenty twelve George Osborne. The chancellor rate to Ben banenky of the fed in the US asking unions in the case of HSBC, and it separate money laundering investigation. So I think the question is really about whether there are still concerns eleven years after the onset of the financial crisis as to whether some big banks are alternately too big to jail. And there's obviously the question of the independence of the SF was well, I think we should also point out is the ultimate the FA went ahead and charged Barclay's regardless, and the Shep price hardly moved, and ultimately the. PRA's concerns want born out the Bank was perfectly able to withstand the charge and last year. In fact, those corporate charges were ultimately scrubbed against the Bank. So it hasn't had to face a jury trial or anything like that. Yes. Of course and just to bring people up today on the other Barclays legal issue that's out there. This is the case brought against for former bankers at the institution reminders. What's happened there? Yes, say the at the same time in two thousand seventeen charged the banks CEO at the time, John Varley and three other top bankers at the time. All I can say on that. Is that Mr Justice j dismissed a jury in much, okay? We will keep watching. Thank you very much Carlin. Well, let's move on to our second story and a look at the foreign exchange manipulation story. This is a long running tale. Goes back several years. Stephen when we saw a lot of banks punished, particularly by the US authorities, and by the UK authorities over the manipulation of FX rates last week, though we saw the EU sororities joined the party, what exactly has happened. Well on the back of five point three billion dollars worth of fines few years ago. He said from British and American authorities. Now, the ease competition watchdog is find five banks one billion euros. The one worst hit was city group, which had three hundred eleven million, but there was also obvious J, P Morgan, Barclays, and Japanese Bank, MU f g involved interesting UBS manage to escape his own almost three hundred million euro fine by a centrally flagging. This chat room to a thorough season by acting as a whistle blower. In this case, you talk about a chat room is that, basically, what this all because back to the same accusations as the American new Catherine exactly trade. Is that the five banks, I mentioned, they all participated in chat rooms with amusing name such as the three way banana split and the Essex express, basically colluding, because these banks were so large and powerful and currency markets. They could collude to move prices by tiny amounts which result in more prophets, more earnings for specific. Trade is on the desk. And of course, all of this was recorded on the Bloomberg terminal where they participated on it, and therefore they were caught out pretty easily come back to you in a minute, because there is one of the Bank, I won't to talk to let me bring in Lambros calumniates from PC as a lawyer. What's your impression is why this has happened? Now is many years since the US and UK authorities went after this scam. Well, I point to know these these has been and continues to be a very complex investigation by the commission involving number of banks and large. Looms of data going back in years as we've heard all of these starbuck into housing and thirteen when UBS winning and apply for immunity. Obviously decisions announced last week..
"george osborne" Discussed on Monocle 24: Midori House
"I think that is going to be much much more difficult and will ready, for example, some of the leading conservatives one of the mount of super said that on the economy. She was very supportive of the former chancellor, George Osborne. I'm sure many of these labor members who've left their party would have very very different views on the economy. So I think the next steps that gain to be very very difficult. Indeed. But this certainly is fertile ground fertile territory, and look if we look across the channel I mean. Emmanuel Macron built a movement virtually from scratch in doing so, Robin. There has been an amount of criticism, and it's not unreasonable in a sense that all of these eleven MP's so far campaign for and won their seats as members of a political party fighting on that political particular political particular political you note on trying to say fighting on that particular manifesto is there an argument that they should if they're honest Chuck this seats in and run again as independence in violation. There is an argument, but they went to listen to it because it's very very unusual for defected in MP's to do that. Because unless they've got an organization in place and a huge personal following. They will lose their seat in that will not be their objective for there is one other thing that needs to be said, Android done. How many of your listeners have a very long memory? But in the early nineteen eighty s something rather similar happened. Here group of breakaway labour MP's form something called the social Democratic Party. Briefly they were hugely popular. They actually won twenty something percent in general election. But because of the Duff political system, we've got I passed the post they won only a handful of seats, and the kind of stresses that Kaur was just referring to soon manifested themselves. They went into alliance with the liberal party that didn't last long they fractured they disappeared. And they died now history doesn't necessarily repeat itself. And yes, the Emmanuel Macron example in France is interesting, but the British political culture is very different from the French political culture. And I have my doubts with something similar to the macro phenomenon could ever come here. I think we'll they make some very valid points. But it is worth bearing in mind that that SDP breakaway. It did have a huge effect on the neighbor party, which then moved significantly onto the center ground and indeed many of those found. Members they became of the joined up with the liberal party. Then became the Liberal Democrats will the Liberal Democrats were part of the coalition government between twenty ten and twenty fifteen. So the SDP didn't break the mold of British politics in the way that they might have hoped, but they did have a significant effect on the future course of politics in this country just to follow that up Carol it's eleven so far. Nobody seems to think they will be the lost. How important is who goes over the wall next are their personalities in the house of Commons who if they by by force of the gravitas will personality if they packed in either the conservative or the labour whip indeed membership and joined this might actually might which is not to suggest that these eleven people are not serious figures because many of them have considerable records behind the, but I'm guessing if a if a just Phillips or a key Astomur was to walk would that would that change the dynamic? Well, I think that if they. Were to get some really significant figures joining the movement that would undoubtedly give them the momentum that they really need at the moment. The names that we're hearing about of those who are likely to fully seat. And I think that will be more a not particularly any of those big hitters. But of course, if you have significant figures, they may well, not want to try to signal any moves a very far in advance. I think that could be a critical moment next week when they will be moved votes in the houses of parliament, and a number of quite significant ministers have indicated that a less they get assigned from Theresa May that she's going to take steps to avoid a no deal Brexit..
"george osborne" Discussed on FT Politics
"So it's a double edged sword. Yes. Of course, we would try and mitigate any immediate pain. But of course, if the term outlook at worse that means the state of the public finances and public spending and the level of public services would be lower thought the posting of this budget were fascinating the fact that how much did she say that starchy was over? But he said he was coming to an end, and that seems market turning points in British politics, and you met some conservatives particularly on the right who said there was a danger that the Tories were gonna stop playing on Labour's playing field. If you like, do, you think there's a way of conservatives owning this post surety agenda without playing into Jeremy corbin's hands? Well, I think you can certainly say that we are no longer cuffing the public sector. We're gonna make sure public services can operate. Eight at a decent level without having to say, we're going to spend many many billions more on every single service. So I think there is a game you can play. You don't have to be very of George Osborne. Like and say only if we keep on ramming it down to we have a clear blue water between us and labour. But of course, he gets more delicate because the moment you see the ground of accede public services needs more money than inefficient is just really tight for them. Then new you all playing on Labour's territory, and we're back into the politics of the mid two thousands way, you know, sharing the proceeds of growth member will those phrases that was the Tory policy in the rock, the financial crash that is pretty much where we are going back to this more normal. So that's in some ways, a good thing where we where there is growth, and then you can decide how you allocate it, and I thought it was interesting about putting an equal weight on the different cools on the exchequer. So it was basically lowering the debts. Keeping taxes down public spending and infrastructure gave the impression that he will all for those priorities were of equal merit was with you got the very strong sense that Theresa May would much rather spending more money on public services things that's the way to boost the popularity of the government's he and you don't have you don't get a lot of credit for reducing debt when reducing extremely slowly. It's not as if the debt burden is going from where it is. Now, just a very percent of national income to zero it will come down to maybe by the may twenty twenty seventy five percent of national income, but still when above Labor's level before the financial crisis of just under forty percent of national income. So you can see that being sort of fiscally conservative ease. Maybe the country needs in the long term. Of course, you can spend money on public services and reduce debt and have no Barak. But you have to tax more doesn't that's the age old difficulty that chances have because everyone wants them to tax less than spend more. And bo. Nothing and that combination doesn't, unfortunately exist. Now, the immediate political consequences of the budget will be seen in how this changes the political atmosphere..
"george osborne" Discussed on Progressive Talk 1350 AM
"And fast food chains to with twenty stores are more to put calorie counts on their menus and that led me to talking about the sugar tax because the one of the themes of last hour was hey you can put all the taxes and regulations on things as you want it's not gonna stop people for making bad choices as far as what they put in their bodies or is it because according to some of the people out there those who are advocating the sugar tax they say mexico put sugar tax into place recently and they've had sugary drinks sales drop according to the story here at the sun over in the uk and again the uk just put into effect a sugar tax and i was curious to know is it going to be like the us based shorter taxes that are just on soft drinks or sugary drinks or is it going to be on actual like candy or other products that have sugar in them and as of right now it is like the us taxes where it's only applied to sugary drinks according to the story at the sun the sugar tax was announced by former chancellor george osborne in his budget statement in two thousand sixteen the money raised will go to the department for education the new levy is being put on drink companies which will be taxed according to how much sugar is in their beverages two categories of taxation are set to to come into force one relates to the total sugar content drinks with more than five grams per one hundred milliliters while a higher levy is imposed on drinks with eight grams per one hundred milliliters or more.
"george osborne" Discussed on talkRADIO
"Tory leadership sweats long johns and completely see it's not explicit but i think we just want to get through this what they're basically saying is this is a critical component maybe should be confused that customs partnership onces this these questions about the march quarter doesn't have to look at the turkish border there in the customs union they are exactly the position this partnership would want but look at that border solid because the european union doesn't trust them that that goods will actually sit with us so now the voter is is hard with full of customers posting checks you know it doesn't so border issues what it does is it complicates your relationship and that's what we should my generally as we should ditch this and make it as simple as possible which is we have a streamlined approach to our border and that that means basically that we then get a trade deal which is there a terrorist and that makes it much easier just finally there's been threats syrup from n dunk from david davis liam fox to senior brexit is in the cabinet this customs union deal is i like this that they will resign from the cabinet do you think that's right that they should go if they can't get proper brexit you know any longer with george osborne but it's up to that and my view is you know we didn't come in here for all of us we came in here to things you can't do what you think is right and sometimes you need to just take a pace away from it but that's up to them and you know i hope that they reach i hope that today or whenever they make decision they recognize that if they go for the customers ship it will be unbelievably complicated i think it's almost doable and that.
"george osborne" Discussed on talkRADIO
"He's not going to be announcing any big changes to tax will spend and again groups like the institute for fiscal studies have said that's a welcome thing for stability the economy but i think he will put some meat on the bones but perhaps less the clatter of political fanfare and more the healthy of a healthy uk economy i think we can definitely hear the not even thinly veiled criticism of the former chancellor george osborne who made these things very much political affairs but there's another demand given the tax receipts have been higher growth is higher than many had predicted there doom laden brexit post brexit forecast the time to end austerity well i think you're right the economic prognosis still stronger and better than some had predicted but i think that makes the case for a balanced approach response with the public finances debt national debt will start to come down this year for the first time in many many years that's really important we don't ruin that at the same time i think by taking that approach the chancellor and the government have left themselves the leeway and we've already put in extra targeted investment the nhs and schools but at the same time we want to keep taxes down as low as a lot of people don't believe that talked to investment is enough you know perfectly well the francis per pupil spending all schools have gone down i think i don't accept that fiscal studies been spending on schools has gone up there have been a lot more people spending per pupil on schools has gone down but you've got to take into account the changes to the funding formula which have come into coming into effect which make a big difference as well thanks but i sent me to accept that they're always going to be demands on any chance there whether it's to increase spending or to cut taxes there'll be some more me on the phone i i would expect if anything to see something further announced in the area of skills really important for scaling up the uk economy but also for social mobility particularly around technical training i'd expect to see something more around technology and innovation that's also the kind of measure that will boost wages it brings productivity up you'll get more meat on the bones at half twelve and we'll be getting beat on the prime minister's getting to.
"george osborne" Discussed on BBC Radio 4
"Eu whatever deal we start with brussels at while the league government document we've been here among the new says normal smith is also system political editor but there's a big but norman well the baht is that the government say this is only a draft report and it does not analyse what they all seeking namely a bespoke trade deal because this report whitehall report goes through three different scenarios one is that we stay in some sort of norway style single market arrangement which would result in a spain two percent worse off in terms of gdp of the fifteen years to is we go for free trade agreement leave levers something like five percent worse off and three is we end up with no deal and gone world trade organization temps in which case will be a percent worse off and in a way kelso praise i mean that chinese firms with pretty much all the recent reports we had whether it be from the eye and therefore the oecd and i suppose the consequences of a tall most obviously to sharpen the internal debate within cabinet because the least worst option appears to be to remain close to the eu the sort of philip hammond option but in broader terms i mean you'll slightly left scratching your head as to whether this will any impact on the political debate of a brexit because the public today to prove remarkably resistant to these warnings of economic were ready going all the way back to george osborne project fair and it seems you know we are a nation i suppose of expert skeptics and perhaps the debate is less about the economy and more about culture and identity of being experts predict with but but the thing is we since we don't know what the bespoke deal might be it's terribly odd to make any judgment isn't it it is and i suppose that is what is fuelling so much of the disquiet and unrest on the conservative benches the sense of ambiguity and the fear of a sell out and that is a sort of pervading story you'll beginning to hear amongst the brexit tears and interestingly we of an interview with liam fox this morning in the son in which he doesn't specifically say he's talking to the brexit is but he warns about the need for people.
"george osborne" Discussed on WAAM Talk 1600
"Committee in it's a letter dated september two thousand eleven from george osborne whose the british equivalent of the united states treasury secretary to bend burn aki the fed chairman and to tim guide heard our dress then treasury secretary and he says in the letter here's your job here's what your job is it's sort of vague but you can interpret that letter and really there's only one reasonable interpretation of that letter based on the that follows is that with two key sentences were he's saying yet out of the way when it comes to prosecuting hsbc do not prosecute hsbc even though it's sbc hit admitted to money laundering for drug dealers and for terrorists and all went to jail they were mind that letter says do not prosecute hsbc and up until that point the department of justice had in fact been plant planning to prosecute hsbc but as soon as they get that letter from george osborne from london that prosecution dies in its tracks then i worked in verse to remember the data that letter roughly yes september ten two thousand eleven yeah and the other piece of evidence the other is is that um you when you look at what rules osborne was telling basically department of justice in the united states officials to force those rules are from the bank for international settlements and they come from an agreement between the b i s in the member banks of actually between the b i s in switzerland or the vis is headquartered as called a headquarters agreement it says basically the bis will take up headquarters in basel but switzerland now has no control over the b i asked you can't come in and subpoena our documents you can't come in and arrest are officials were basically above the law switzerland agrees to it in on what i argue in all the plenary's man is at that same agreement it is the one oseran saying should be applied in the us to hsbc it makes hsbc above law but when you look at the specific provisions of the headquarters agreement that are without a doubt in force in the united states now and have been since two thousand eleven one of those things says the anc officials can't be prosecuted so long as they're doing the official business the bang in our in our remember i was i was riding it and i.
"george osborne" Discussed on Coffee House Shots
"Uh good evening ladies and gentlemen welcome to this spectator event cadogan all ten years on from the crash in conversation with george osborne please welcome the former chancellor our special guest tonight i see you brought the fan club macy's still there great i didn't realize that none of us remarkable does a lot of ground to cover so let's go wrong with it are you clear now looking back ten years on the causes of the financial crisis and the crash that followed get will a lot clearer now than i was at the time i'm not going to pretend that the shudder transfer in two thousand seven two thousand eight the we had four soon all this all the we had warmed about it it came upon us as it came upon the government of the time and of course was driven by a combination of overly lax regulation build up of leverage in the banking system undercapitalized banks i think the most interesting theory looking back on it is the governments particularly in the united states but arguably in europe as well including in britain were trying to find ways to distribute the benefits of the economy bruehl more broadly in give people for example housing who could natalie in erica particularly america who couldn't afford to end so a series of american administration's reduced mortgage standards for perfectly laudable social goals of getting more people into housing but of course the consequences all came back to bite us and by the world in two thousand seven and two thousand eight so can we agree with the perspective of time and the eu's stand back even yourself now from party politics.
"george osborne" Discussed on Bloomberg Radio New York
"Of the industry's biggest player is a bloomberg invest gdf linda speakers include rav are known chairman and ceo of research affiliates steven cohen a blood reverts of oman the edf george osborne former chancellor of the exchequer and many more proudly sponsored vie shares bought black rock goldman sachs and msci request an invitation at bloomberglivecom now that china's foreign minister said they would not restart sixparty talks about north korea's nuclear programme and missile tests but he said dialogue was necessary and all side should work toward that goal corresponding to lease lab at has more on new sanctions imposed on north korea over its missile programme by the un security council these are the toughest sanctions that you've seen and about a decade and i think if this doesn't work they'll continue to ramp up not just against north korea but secondary sanctions against china and other countries that are doing business with north korea the us condemned the move by venezuela's new constitutional assembly to oust the country's chief prosecutor state department spokeswoman said the removal of luiz ortega was illegal and the attempt to tighten the authoritarian dictatorship of president the douro a fire has struck another high rise tower in the dubai marina just days after ablaze struck one of the world's tallest residential towers in that same neighborhood this is the visits boards on bloomberg radio would scuds arsenic and michael barr the city of los angeles has reached an agreement with olympic officials to boost the 2024 summer olympic games the.
"george osborne" Discussed on Money Box
"And that is costing the government more and more money every year so that it's angela camp patients to have a so what is going to be in it uh well they'll be the probate the changes to the nam rules which were announced originally by george osborne soon after the launch a two thousand fifteen election they'll be restrictions on entrusted options and other changes affecting nausea multinational companies than that through the tax stuff to just briefly the national shown daily twenty eighteen changes well who a judge the taxation of innovia benefits and so on yet other these role thing and very briefly because of running out of time northern islands the the dup which the government wants to do a deal with that still hasn't yet as far as we know they want to cut corporation tax in northern ireland could that the in the finance bill i think that was already there and we'll come back so i'd be surprised at that didn't come back the suggestion just labeling pow john kelly name thanks very much down the treasury couldn't give us a date when we might see this summer finance bill but the chance to tell the bbc the next budget will be in november now more of the clean government when a shower markets conceal this appeared forward measures to help tackle arafat practices in the energy market to help reduce energy bills or listening to having bryson is steve thomas professor of energy policy at the university of greenwich steve thomas was that mention there to do with the famous cappon standard variable tariffs which theresa may promised yes it appears to have been that yes but no bill but there has been some progress on this.
"george osborne" Discussed on Global News Podcast
"The british prime minister theresa may has insisted she will get on with the job of delivering a successful british exit from the european union despite thursday's election which saw her conservative party lose its parliamentary majority in what many observers have branded a disastrous result i said and during the election campaign that if we elected i would intend to serve fulton but what i'm doing now is actually getting on with the immediate job i think that's what's important i think that's what the public would expect they want to see government providing certainty and stability at what is a critical time for the country the brexit negociations start in just a week we need to get those ryan and make a success of it mrs may has retained most of her cabinet ministers but she also appointed an influential former adversary the leading brexit campaigner michael grove earlier some conservative members told her that she needed to change our approach and on sunday george osborne who theresa may sacked as chancellor last year called her a dead woman walking but the former conservative leader michael howard said with brexit negotiations just days away it was time for a bit of unity we are back to start these very important negotiations and we need stability i think it would be immensely disruptive to as negotiations if we had either a leadership election in the conservative party order general election so i think to reason they should stay should conduct the negotiations.
"george osborne" Discussed on Chapo Trap House
"Her and david cameron of george osborne did was to cut a lot of funding for police so so it's a funny thing weren't been has been able to kind of like get one over on her by pointing out that like these cuts have have taken place in a lot of a lot of police i mean it's been a bit weird is an odd bedfellows kind of thing going on 'cause i've seen you seen people in the last day or two on the laughed on twitter saying lightweight hang on what's going on your wire we like we're like rallying behind the police i don't feel good about that you know but but there's been an opportunity to say to people in a fairly vivid way look you're supposed to eat you're you're campaigning as the person who was singularly capable of keeping this country safe and it looks like you're doing a pretty schick job my dream scenario for the way the sole ends i know won't happen and i know about abstentionism don't lecture me anybody listening to this but it's my fantasy it's my it's my mind castle vision it's the election happens and carbon they have a shock upset but they're going into the westminster with the with the new parliament and he's like four votes shy of achieving is out of the prime ministership and then they go mike god shouldn't fades music mps from northern ireland strat in westminster and put him over the top after all the talk about how he sucked the ira's secondly 80s i don't happen they will not take her seat but it would be cool matt in your mind what's the music is it like a is it up who song with us as a no no no it's a if shipping up to boston uttered acts anyway yeah i mean it's a funny modern right now because i do think she seems really weak and and i i think.