36 Burst results for "Sunak"
BTV Simulcast
Fresh update on "sunak" discussed on BTV Simulcast
"Moment news breaks, no one covers the world like Bloomberg. We've never seen anything like it. This was a decision that maybe was the best out of three very bad decisions, but it could prove to be a mistake. She opposed Powell's renomination. She called him a dangerous man in 2021, and now she is really pointing the blame at the fed, expecting that she'd be here in Brussels today. This is a meeting that happens regularly, but obviously today it will be all about the thanks. Bloomberg. Your global business authority. Let's get you a quick check of the latest business smash headlines sunak is warning investors that it expects a second consecutive year of multi-billion dollar losses. And China is a record home market slowdown. The Beijing based real estate developer predicts a preliminary net loss of as much as $4.1 billion in 2022 as follows a record loss of $5.5 billion in the year prior. Evergrande's
AP News Radio
Sunak says U.K. has reached deal with EU on Northern Ireland trade
"British prime minister Rishi sunak is in Belfast to sell his landmark agreement with the EU to its toughest audience. That is unionist politicians who fear post Brexit trade rules and weakening Northern Ireland's place in the UK a deal was struck on Monday to resolve a dispute over the Northern Ireland trade that has vexed relations since the UK left the EU in 2020. The agreement will ease customers checks and other hurdles for goods moving to Northern Ireland from the rest of Britain, but Northern Ireland's British unionist politicians have yet to give it their blessing. Their support is key to restoring Northern Ireland's semi autonomous government, which is in limbo amid the trade feud
AP News Radio
Sunak says U.K. has reached deal with EU on Northern Ireland trade
"The British government says it's reached a deal with the European Union to resolve their long running trade dispute over Northern Ireland. Prime minister Rishi sunak says he and European Commission president Ursula von der leyen would hold a news conference on Monday. The government had previously said it would only happen if a deal was struck government officials have told the BBC and Sky News that the deal has indeed been done. The agreement marks a breakthrough in a spat that soured post Brexit relations between Britain and the EU and sparked a political crisis in Northern Ireland, but now sunak awaits the judgment of Northern Ireland's democratic unionist party or DUP, which is boycotting the region's power sharing government until the trade arrangements are substantially changed. I'm Charles De
AP News Radio
Ukrainian President Volodymyr Zelenskyy arrives at Downing Street in a convoy with UK prime minister
"Ukrainian president of volodymyr zelensky is visiting Britain, his first trip to the UK since Russia's invasion began nearly a year ago. The British government says zelensky will hold talks with prime minister Richard sumac, addressed parliament and meet with military chiefs, Britain's one of the biggest military backers of Ukraine and has sent the country more than $2.5 billion in weapons and equipment. The visit comes as sunak announces that Britain will train Ukrainian pilots on NATO standard fighter jets. Ukraine has urges allies to send jets, though the UK says it's not practical to
AP News Radio
Prime Minister Rishi Sunak Fires Nadhim Zahawi, U.K. Conservative Party Chairman
"British prime minister Rishi sunak fired the chairman of the governing Conservative Party on Sunday for a serious breach of ethics rules in failing to come clean about a tax dispute, sunak had faced days of pressure to sack nadeem zahawi amid allegations he settled a multi-million dollar unpaid tax bill while he was in charge of the country's treasury. The prime minister acted after a standards probe found had breached the ministerial code of conduct. In a letter to zahawi, said he had been forced to act to keep his promise that his government would have integrity, professionalism, and accountability at every level. So
AP News Radio
Economic woes, war, climate change on tap for Davos meeting
"The World Economic Forum is back with its first winter meetup since 2020 in the Swiss Alpine town of Davos. Leaders are seeking to bridge political divisions in a divided world, buttress a hobbling economy and address concerns about a climate change, among many other things, nearly 600 CEOs, and more than 50 heads of state or government are expected, but is never clear how much concrete action emerges from the elite event, missing a leaders like president Joe Biden, Chinese president Xi Jinping, British prime minister, which is sunak, Indian prime minister Narendra Modi, and French president Emmanuel Macron. I'm Charles De Ledesma
AP News Radio
UK to supply tanks to Ukraine as Russian missiles hit Kyiv
"Britain's prime minister has promised to provide tanks and artillery systems to Ukraine, prime minister Rishi sunak made the pledge amid renewed missile attacks from Moscow targeting the Ukrainian capital and other cities in the near yearlong war, danning streets had seen access assurance came after he spoke to Ukrainian president Vladimir zelensky, British media have reported that for British Army challenger two main battle tanks will be sent to Eastern Europe immediately with 8 more to follow shortly after. Zelensky tweeted his thanks to sunac, saying the decisions will not only strengthen Ukraine on the battlefield, but also send the right signal to other partners. Karen Chammas London
AP News Radio
UK leader calls crisis meeting over struggling health system
"Britain's prime minister is holding a crisis meeting over the struggling health system, which is sunak, is meeting ministers, medics, and health managers. For talks aimed at fixing a healthcare crisis that seen thousands of patients stranded outside overflowing hospitals, while the government says it's bringing together the best minds from the health and care sectors, the opposition Labor Party is dismissing the gathering as a talking shop experts warning. There are no quick fixes for long brewing problems in the state funded national health service thousands of hospital beds are occupied by people who have fit to be discharged, but have nowhere to go because of dearth of places for long-term care, Charles Dylan, London
AP News Radio
Strikes over pay disrupt Christmas travel in UK, France
"Strikes over pay in France and the UK are disrupting Christmas travel in both countries, air travelers are facing possible delays at UK airports as government workers who check passports have gone on strike until the end of the year, with the exception of one day, it's the latest spate of walkouts over pay amid a cost of living crisis that is putting mounting pressure on prime minister Rishi sunak's government. The government is refusing demands from public sector workers for substantial pay rises. UK prime minister Rishi sunak. The government has acted fairly and reasonably in accepting all the recommendations of the public sector pay review bodies. That's an independent process that government has listened to. France is pricing for similar travel disruption with a weekend rail strike on the horizon, authorities are expecting a 40% reduction in rail services over the Christmas weekend. I'm Karen Chammas
AP News Radio
UK's Rishi Sunak says 'golden era' with China over
"Britain's prime minister says his country's relations with China have declined. I Norman hall. In his first major speech on foreign policy, British prime minister Rishi sunak says the UK's golden era ties with China is over soon as China's growing authoritarianism is a systemic challenge to Britain's values and interest, but sunac stops short of calling China a threat to supporting China hawks and his Conservative Party. In his speech to the annual lord mayor's banquet in London, sunak said the UK would stand up to global competitors like China by boosting its ties with like minded global allies, including the U.S., Canada, Australia, and Japan. I Norman hall
AP News Radio
British Prime Minister Rishi Sunak makes surprise visit to Kyiv
"Britain's prime minister has made a surprise visit on Ukraine's capital Kyiv for talks with Ukraine's president Arriving at Ukraine's presidential palace as snowflakes fell from above UK prime minister Rishi sunak shook hands with Ukrainian president volodymyr zelensky as they joked about the weather in his first visit to Kyiv as prime minister sinak promised to send Ukraine more air defense technology including well over a hundred anti aircraft guns The $16 million air defense package comes as Russia has been pounding Ukraine's energy infrastructure the barrage on key targets including the power grid has caused widespread blackouts for millions of Ukrainians amid freezing weather Sunac praised Ukraine's strength in the face of Russian aggression The courage of the Ukrainian people is an inspiration to
Bloomberg Radio New York
"sunak" Discussed on Bloomberg Radio New York
"That the UK is out of the European Union, what's the vision for financial and related professional services, something richy sunac, set out quite compellingly in his mansion house speech last year, how will that be built on? And what are we going to see as we move forward also in terms of potential new deals with other markets? Okay, so that's miles salak from the city UK. That's one form of perhaps pressure that the government will be feeling. It hasn't been a very easy start to Rishi sunak's premiership either. And this could potentially be an important moment politically as well. Talk to us about the politics, could this be a reset moment, perhaps for the new government? I'm sure Rishi sunak would hope to draw a line between himself and Liz truss given that he spent the whole summer warning what would happen if tax cuts were launched too soon without dealing with the immediate problem of inflation. He too is going to need to boost growth in the medium to long term if he wants to be reelected in 2024, but he needs to do that without adding to inflation. In fact, the Chancellor Jeremy hunt has said that he wants to help bring down inflation so that the Bank of England can raise rates as little as possible to minimize the recession the UK faces. Now, hunt and soon act are being accused of managing Britain's decline being too pessimistic about UK growth. And you could say that the Bank of England's messaging has been too excessively gloomy. The banks forecast this long recession if rates follow market expectations, but that nuance was seemingly lost on most of the national newspapers, so you have to ask whether the man in the street is going to be too gloomy as a result of the messaging outside the Bank of England. Likewise, with the treasury, economists are asking whether the treasury is going to raise taxes and cut spending too much in order to leave itself headroom in case growth underwhelms so that it has enough left in the kitty for pre election giveaways and the question really is is the treasury creating unnecessary pain. One of the many, many questions we'll be hoping to get answers to on Thursday when the Chancellor Jeremy hunt takes to his feet to deliver it the
The Bad Crypto Podcast
UK PM Rishi Sunak Is Pushing Heavily for CBDCs
"News that you can use. We did mention that the UK prime minister Rishi sunak is pushing heavily for CBDCs. I watched the video. I don't think it's in this article here, but there is a video of him and it just, it makes me want to retch because they are selling CBDCs as though they are going to be such a blessing for the people and it's going to just lead to all kinds of ways that we can use our funds and make everything more secure and the bottom line is. It's a trap folks. It's all a trap. Central Bank digital currencies will be used in the hands of nefarious people which many of our leaders already are to track everything you do. And if you want to question if this reality is something that could be a reality here, look up the Chinese social credit score system. They implemented this a few years ago where they are tracking everything people buy and sell. They're tracking what they post on social media. Who they are in contact with. And if they decide that you said something, they don't like or you are somehow in relationship with people that might be undesirables, they lower your social credit score just like that Black Mirror episode nosedive. If you haven't seen it, go watch it.
AP News Radio
Hunger stike: activist's life in danger
"The head of the UN human rights office is calling for the immediate release of a prominent jailed activist whose leading a hunger and water strike in Egypt Volker took the UN high commissioner for human rights says that the activist a la Abdel Fattah is in great danger his dry hunger strike puts his life at acute risk The rights office is calling for all activists and others affected by climate change to have a seat at the table at the UN climate conference in shamal Sheik Meanwhile Abdel Fattah's family has become increasingly concerned about his health His mother lela swift once world leaders including British prime minister Rishi sunak to pressure the Egyptian government to release her son I'm Charles De Ledesma
AP News Radio
British PM to go to COP
"British prime minister Rishi sunak has reversed an earlier decision not to attend the UN climate summit in Egypt Cenac's office had previously said he was going to skip the talks which start on Sunday because of pressing domestic commitments including the closely watched government budget statement expected to be announced on November 17 but sunak has now tweeted he would be attending the two week gathering because he says there's no long-term prosperity without action on climate change Soon acts earlier decision to miss the talks has been criticized by many including his climate adviser Al Sharma Britain currently holds the presidency of the conference of the parties and hosted the climate summit in Glasgow last year Charles De Ledesma London
Bloomberg Radio New York
"sunak" Discussed on Bloomberg Radio New York
"The two year 4.42% spot gold up 7 tenths of 1% 1664 the ounce and West Texas and immediate crude up 3.3%, 88 15 a barrel. I'm Charlie palette that is a Bloomberg business flash. Thank you so much for that update Charlie palette we do really appreciate it. It is three 49 on Wall Street. The following is an editorial from Bloomberg opinion. This editorial was written by the Bloomberg out of tutorial board. Britain's new prime minister Rishi sunak is widely seen as pragmatic and competent. Virtues lately all but absent from British politics. Investors have greeted his rise with relief, but that might not last long. Sunak inherits a party deeply split over Brexit, especially but also immigration, taxes, regional inequality, and other contentious matters. Meanwhile, the UK has been especially hard hit by the soaring cost of gas, making its inflation among the highest in Europe. Sunak's pledge to restore responsibility may calm markets but standing by that commitment as the Central Bank raises interest rates makes a serious recession possible. After the past few weeks, a prolonged spell of boredom is just what the UK needs, but events are unlikely to oblige. This editorial was written by the Bloomberg editorial board for more Bloomberg opinion, please go to Bloomberg dot com slash opinion or op IN go on the Bloomberg terminal. This has been Bloomberg opinion
AP News Radio
UK leader Sunak faces opposition in Parliament for 1st time
"Britain's new prime minister Rishi sunak is holding a meeting of his new cabinet before facing the opposition in parliament for the first time as leader Soon axe appointed a government mixing allies with experienced ministers from the previous governments as he tries to tackle Britain's multiple economic problems office says the lineup in his team aims to ensure that at this uncertain time this continuity at the heart of government but during the regular House of common session known as prime minister's questions opposition politicians are likely to focus on the baggage the new ministers carry from the governments of Boris Johnson and Charles
America First with Sebastian Gorka Podcast
Steve Hilton: It's Not Enough to Have the Right Ideas in Politics
"That was clear from what happened with Liz truss is that in politics and in government, it's not enough to have the right ideas. You've also got to have proper preparation professional implementation and good communication to sell your. And with Liz trusts, she had the first part, I completely agreed with the idea that she set out, which very clearly in her leadership campaign, the equivalent of the primary for the leadership of the Conservative Party, where she said, look, we've had too many years of stagnant growth, a low growth, low productivity economy. We've got to get growth going, got to cut taxes, cut regulation, we're out of the EU, we got Brexit done. That's great. But now we've got to make the most of it. We've got to make the most of the freedoms that we have. Now that we've left the EU. And that was completely correct. Couldn't agree more. But then the way she announced it and implemented it just suddenly taking everyone by surprise, the actual substance of what she announced. In fact, wasn't that much of a surprise. If you look in the details of the announcement, the biggest new thing that she announced, which was a cut to the higher rate of tax, not a huge amount when you look at the overall impact of her mini budget. But it took the markets by surprise they weren't expecting it to colleagues in the government weren't expecting it. And it all unraveled incredibly quickly and I'm afraid she paid the price for just poor a poor rollout, which seems unfair and it seems crazy, but they are. Now the problem is, will the new prime minister Rishi sunak go in the same direction of a pro growth economy? He was the one that was pushing one of the worst single measures that she actually decided to reverse, which was an increase in business taxes, which to me seems completely insane.
WABE 90.1 FM
"sunak" Discussed on WABE 90.1 FM
"Is only right. To explain why I'm standing here. As your new prime minister right now, our country is facing a profound economic crisis. Sunak rose in British politics as the former top official of the treasury, and now he takes the helm of a country that is in economic turmoil. And he has become the first person of color to lead the country. Sunak is of Indian descent, his parents emigrated from East Africa, but he didn't bring any of that up in his speech today, nor was any of that prominently celebrated across the country to the extent it might have been here in the U.S.. To talk more about this, I'm joined now by professor avinash paliwal. He's a senior lecturer at psoas University of London. Welcome. Thank you. So given the milestone of Rishi sunak, becoming the first person of color to become prime minister in the United Kingdom, why hasn't there been greater fanfare in the country about his race? His race has been noted by the people in the United Kingdom. It has been talked about. The significance of the moment is being appreciated. But we need to appreciate also the fact that the wider electorate in the United Kingdom is very exhausted. It is exhausted by the cost of living crisis. It's exhausted by the fact that the political leadership can not get its act together globally when you're facing a Russia Ukraine war among other things and you're still kind of figuring out the after effects of Brexit. So these are the day to today routine crises that the country has to face under the conservatives over the past three years is something that has kind of dampened the enthusiasm of having an individual who is of color to lead the country. And then there is the fact that there is a degree of discomfort within certain sections of Tory voters stories supporters have openly voiced their discomfort of having someone of color to take office going as far as calling rashi sunak not being British thanks to his skin color. Right. I mean, you are basically saying that for Rishi sunak, his skin color is a political liability given the party that he leads now. It probably could become yes, and it could become an increasing liability if he fails at delivering. If the policy measures that he introduces do not address some of the structural problems that this country is facing, Rishi sunak would be judged much more harshly than perhaps Boris Johnson or even less trust ever. Yes. Could another factor to explain why Rishi sunak has not made his raise his ethnic background part of his driving political story could another factor be his personal wealth. I mean, he is quite wealthy, some estimate that his personal wealth is greater than even that of King Charles. Do you think sunac's economic class shapes how people in Britain see him more than his race does? More certainly, I think class is very important to factor. You're looking at an individual who has been educated in some of the most expensive private schools in the countries who has had access to resources personal and political, which many other people, especially coming from minority communities, perhaps don't have readily so. And that degree of class cushion that comes with that kind of wealth, perhaps protects someone like Rashid or not, but not just him from racial politics, the brunt of racial politics in the United Kingdom in a daily routine sense. I think that will change from now on. I think Rishi will have to deal with the race question much more openly now that he holds the public office. Let me ask you, as a person of color yourself, how does it feel for you personally to see someone like Rishi sunak rise? To become prime minister. It's a bittersweet. It's sweet because it's very good to see someone who's not a person of color and minority from a minority community lead office and especially someone of Indian heritage I myself, I mean, I'm an Indian. So that is something which is very nice to see it would instill a lot of faith among many people from different communities, not just South Asian, to have that kind of ambition in the future. So that is something which is worth celebrating. And I completely am very happy about that. But it also underscores that you need to have the kind of wealth that she has to be able to protect yourself and to rise to the position within a party like the Conservative Party to become the prime minister. So it also the parameters that are needed for someone who comes from these communities to even reach that stage. Are just too high. Class still matters. Yeah, absolutely. Avinash Polly valve professor at psoas University of London. Thank you so much for joining us today. Thank you so much for having me here. Adidas is severing ties with Ye, formerly known as Kanye West after days of pressure. This will end its long running yeezy collaboration with the artist who has made numerous anti semitic and other offensive comments recently. NPR zelina seleucus here to tell us more, hey there. Hello, hello? Alina. There has been a lot going on. So can you just start by catching us up on what's been happening? Well, for the past few weeks, companies have been cutting ties with yay. Balenciaga, his bank JPMorgan Chase. He's talent agency. That's earlier this month, how it started as he showed up at the Paris fashion week in a T-shirt that said white lives matter, which is a slogan attributed to white supremacist groups, then he went on these anti semitic rants online and interviews, perpetuating these old bigoted conspiracies about Jewish people. He got suspended from Instagram and Twitter, but Adidas said it put his partnership with Ye under review and then silence on the podcast drink champs Ye even taunted Adidas. I can say anti semitic things in Adidas can't drop me. Now what? After weeks of that silence Adidas finally announced it splitting with the a today, calling his actions unacceptable, hateful, dangerous, saying it will stop producing easy products. And Elena, why do you think it took Adidas so much longer than all of these other companies that had relationships with gay and severed them? Its partnership with the a is massive. It's almost ten years old. Adidas says ending it will cost the company a quarter $1 billion in profits just this year. The yeezy brand made Kanye West a billionaire, but it also made Adidas huge. Especially with sneaker collectors, people would camp out to buy these limited drops, which actually happened just this past week in the middle of all this controversy Adidas had a sellout drop of the latest yeezys. Okay, so how did all of this increase scrutiny of Adidas the company? You know, while Adidas stayed silent, critics sort of filled in that vacuum, digging into its past and this is a German company whose founder had been a Nazi. His name is Adolf dassler, also known as Adi dassler. He and his brother were famous after the 1936 Berlin Olympics, where they may choose for the German team, also for the American track legend Jesse Owens. During World War II, the dassler factory was used to manufacture munitions for the Nazis. A few years after the war, Audi launched Adidas, his brother actually started rival puma. And he would think this dark history would raise the stakes for Adidas to quickly stop any perception that it's ignoring anti semitism. That's what crisis PR expert Eric yaver bound told me. The thing about the spotlight is it is a moment in time when you can do the right thing. So yeah, they cut their cause. That's only the first step. What's the second step? Will there be one? So, what do we know Alina about what the next step is for Adidas? The company promises more details than a couple of weeks. It's worth noting that all these corporate deals that Ye had, companies for years sort of skated around his provocative disturbing offensive behavior and we'll see how long it remains the liability for Adidas in this case. And Pierre zelina selig, thank you. Thank you. Ash Carter, who served as defense secretary under the Obama administration, has died. He had a heart attack, and was 68 years old. Carter was a physicist and weapons expert, and he oversaw the initial U.S. strikes against the Islamic State, but as empires Tom Bowman reports, Carter will best be known for opening up ground combat jobs to women. 7 years ago, Carter went to The Pentagon briefing room and announced that women would no longer be barred from ground combat jobs. Infantry armor and artillery, as long as they qualify and meet the standards, women will now be able to contribute to our mission in ways they could not before. The move was opposed among some in the military, particularly the Marine Corps, the marines conducted a yearlong study that found gender integrated units were slower, less lethal, and more prone to injury than all male units. Marine officers also said accepting women would lead to greater risk, meaning more combat casualties. But Carter saw differently in indicated the marine
AP News Radio
Rishi Sunak becomes UK prime minister, faces economic crisis
"Rishi sunak has swiftly become Britain's prime minister replacing Liz truss who was in charge for less than two months I've just been to Buckingham Palace and accepted his majesty the king's invitation to form a government in his name Sunac's next move is to appoint a new team tasked with tackling a wide range of challenges not just economic Right now our country is facing a profound economic crisis The aftermath of COVID still lingers Putin's war in Ukraine has destabilized energy markets and supply chains the world over Mimi Montgomery London
AP News Radio
Rishi Sunak to become U.K. prime minister
"Former treasury chief Rishi sunak will become Britain's prime minister at a meeting with King Charles the third Sunak who was elected the leader of the Conservative Party after the brief disastrous term of Lisp trus will visit Buckingham Palace where the king formally asks him to form a new government After that sunak's first task will be to appoint a cabinet that can tackle Britain's economic and political crises He will also prepare for a budget statement that will set out how the government plans to come up with billions of dollars to fill a fiscal whole created
AP News Radio
Rishi Sunak: UK's ex-Treasury chief gets his shot at PM job
"Britain's ex treasury chief Rishi sunak gets his shot as prime minister Sunak ran for Britain's top job and lost Then he got a second chance He will be Britain's first leader of color the first Hindu to take the job and the youngest prime minister for more than 200 years Victory in the conservative leadership contest is also vindication for sunak who warned that former p.m. Liz truss tax cutting economic plans were reckless and would cause havoc Praised for overseeing billions in support to workers and businesses during the coronavirus pandemic he is promising to ease Britain's cost of living crisis
Bloomberg Radio New York
"sunak" Discussed on Bloomberg Radio New York
"The next prime minister in the UK is later today? Could it be a coronation for Rishi sunak or will panny mordens reach the threshold of a hundred MPs needed to put her in a race and go to the conservative membership for a vote, which would give us a result by Friday. That's the big story here in the UK. Globally though, on the markets, we have seen a slump in Chinese shares as investors take fright over president Xi Jinping stacking his pilot bureau with loyalists the hang seng index down by 4.8% this morning the CSI 300 index of Chinese shares down by one point 7%, the broader embassy is also down by two tenths of 1% some gains in trading on the Nike in Tokyo, Euro stocks 50 features 9 tenths of 1% lower this morning, S&P E minis are four tenths, excuse me, 9 tenths, 1% higher I should say in the stocks 50 futures, S&P E minis are four tenths higher, the ten year treasury yields 7 basis points lower this morning four spot 15. We are keeping an eye on the pound as well going into the day of political excitement in the UK. It's four tenths of 1% stronger on cable trading at one 13, 44. Those are the markets. And now on to our top stories this morning, former Chancellor Rishi sunak is emerging as the clear favorite of conservative MPs to run the country. Boris Johnson, who is prime minister until September, pulled out of the race saying he had enough support to run, but that it wouldn't be the right thing to do. Conservative homes, Henry hill, is skeptical about that claim. What we've seen from the last couple of days is the Boris camp of continually been announcing that they've kind of hit that hundred figure and then they've re announced it and then they've reenacted it and then apparently they ended up at a 102, but he's decided not to go for it. I personally suspect that he felt short. Nominations to be the next leader of the Conservative Party and prime minister close at 2 p.m. today. The Chancellor Jeremy hunt is endorsing Rishi sunak to be the next prime minister just hours after Boris Johnson withdrew from the race Bloomberg's UN paths report. Jeremy halton says that Rishi suni will be able to restore stability and confidence as the next leader of the Conservative Party, writing in the telegraph, the Chancellor says that sunac will turn the page on what went wrong, take decisions in the national interests and rebuild the potential of our economy. House of Commons lead to penny morden is still reportedly remaining in the race even though she's some distance from the 100 public declarations of support she needs from MPs. She has until 2 p.m. today to get to that threshold. If she doesn't, sunac will be the winner without a wider vote. In London, I'm your own pot. When it comes to the economy, whoever wins the Conservative Party leadership contest will need to focus on damage control rather than chasing meaningful growth. Bloomberg economics estimates that the fallout from trusses mini budget will knock 1.5% off the UK's GDP, PMI surveys due out later this morning are expected to show a contraction in the services and manufacturing sectors. And late last Friday, the outlook for the UK's credit score was revised to negative by moody's, which cited increased unpredictability, unpredictability in policymaking. President Xi Jinping's stat China's most powerful body with its allies giving him unfettered control over the world's second largest economy, speaking to the party's major gathering on Sunday, she committed to reforming and opening up the economy. China's economy has great resilience, potential, and latitude. Its strong fundamentals will not change, and it will remain on a positive trajectory over the long run. China will open its doors ever wider, we will step fast over deepening reform and opening up across the board. But to spice those words, markets reacted negatively to the president's move to surround himself with allies. And then top corporate news, Credit Suisse's chief compliance officer Rafael Lopez Lorenzo is set to leave the firm. That's according to people familiar with the matter. He was appointed in September 2021 after the bank was rocked by scandals over greensill capital and archegos. Credit Suisse is set to announce a major overhaul in coming days, but sources say this departure isn't related to the strategic review. Okay, those are our top stories. Let's just bring you Britain breaking corporate news on the terminal this morning from Phillips, which is announced that it is to begin a restructuring effort with around €300 million of charges in the coming quarters that will include cutting the workforce by around 4000 globally. So that is the latest news out of Phillips this morning, which has been announcing its results as well. Its third quarter adjusted EBITDA, €209 million, the expectation had been for 210 and a half €1 million, so missing on the third quarter results as well without announcement of restructuring there by Phillips. Well, let's go to the big political story of the day. Two years ago, a relatively unknown minister was picked as the next Chancellor by Boris Johnson. Today, Rishi sunak is the FrontRunner to be the next prime minister in what could be an astonishing rise to power, so will today see a coronation of Rishi sunak or will penny Morton manage to reach the threshold of a hundred MPs by the 2 p.m. deadline. For more, let's bring in our managing editor for European economy and government Ben sells Ben good morning. Good morning. Ben, let's talk about this contest. It's still going. Does penny more than have a chance? She definitely has a chance that Kauai a lot of Boris Johnson supporters who are probably going to lean towards more than rather than jumping into bassoon out camp. Even though it does look like sunac is going to be in charge sooner or later. I think the question for sunak is how many of those Johnson supports us can he win over in the hours before the nominations close. If he can stop getting to a hundred obviously, then she's not in the race. And as you say, it will be a coronation pursuing this afternoon Can Rishi sunak if he does eventually become leader, can he unite the party now? That's a really tough ask. Our colleague Alex Wickham wrote a really good piece about this on Saturday. And he was essentially saying that after 12 years in power, the reasons for different Tory factions to hate each other have just piled up in piling up and so the Tory party is in a state of internal conflict and division, which is one of the senior officials who spoke to Alex said worse than anything the party has seen in 200 years. Added to that, one of the big bones of contention within the party is among those loyalist Johnson who still blame sunac for portraying him essentially in July. And so it's a real tough ask. Well, then let's
WTOP
"sunak" Discussed on WTOP
"Serving British prime minister in British history, announcing her resignation after only 44 days. And they're going to name a replacement by the end of the month. One who's on the short list at the top of it. And how fast can they be chosen? Well, yes, I mean, there aren't going to be national elections because Liz trust was, of course, a midterm replacement for Boris Johnson, who resigned in such disgrace, just last month. Among the names being rooted about are Rishi sunak, the former Chancellor who's sort of oversaw the economy during the pandemic and well, dare I say it, the times of London is reporting that one of the people seriously considering a candidacy is Boris Johnson himself. Wow. Well, this is just the latest political upheaval in Britain a lot has been going on since the Brexit beginning. Has the UK's standing declined in the wake of all of this turmoil for several years? Well, you know, I guess Mark, you're a better place to say that than I am sitting here in the UK but certainly that is the perception. I mean, the decision to leave the European Union and instantly cut off connections with its biggest trade partner. And this increasingly divided Conservative Party. It came in with a huge historic majority, but it is so driven by internal disputes over really emotive issues, you know, taxation, immigration, and whether Brexit was a good thing or not. That it's hard to see how they're going to find the unifying candidate who can credibly lead that party into the next elections which are meant to be two years away. CBS correspondent Vicky Barker
Bloomberg Radio New York
"sunak" Discussed on Bloomberg Radio New York
"Here's Anna Edwards. And it could go to wisdom tree research director still with us. What does all this mean for the Bank of England then? Because when we've been following very closely, the battle between Rishi sunak and Lisp trust, the big question had been, well, whose policies were going to do the best for the UK economy, whose policies were not going to add to inflation, and what impact would those policies have on the BOE. So there is some concern against around this big spending fiscal stimulus that this does their need. We get further hikes, and maybe that's not a concern. Maybe that's exactly how it should be. Well, you've hit the nail on the head and that is a concern for us, and it is a concern for the markets. We basically had two parts to follow. And now that it is less trust, we know that inflation is going to be stoked higher one of the first things that she would need to be doing is trying to address rising energy bills that consumers are facing that are going to be very hard to pay out. So that is going to increase government spending. The second thing that she did propose very strongly was reducing taxes. That's only, again, not going to allow government spending to be lowered, and that is going to hit at the government deficit. So both of these factors are going to stoke inflation higher, which only warrants further tightening by the Bank of England. And inflation is still in double digits. It is heading higher based on the news that we've seen from Russia. The energy crisis is only getting exacerbated even further. Here, more conversations like this one on Bloomberg television, streaming live on Bloomberg dot com and on the Bloomberg mobile app. Or check your local cable listings. Markets, headlines, and breaking news 24 hours a day. At Bloomberg dot com, the Bloomberg business app and at Bloomberg quick tape. This is a Bloomberg business flash. And I'm Karen Moscow, S&P futures are lower down about 5 points now features down 54 NASDAQ futures up about 12. And the ten year treasury up 1130 seconds, you
Bloomberg Radio New York
"sunak" Discussed on Bloomberg Radio New York
"We get the UK GDP figures in just over an hour and the economy probably contracted in the second quarter. So let's get to our London headquarters and guarantee is there tracking the data. I mean, how bad will this be, will it be restricted to certain parts of the economy? Good morning lamb. Man is good morning to you, and as he just said there, we are expecting the UK economy to contract in the second quarter, all that data out and about an hour's time. And the contraction will be due to the decline of health output that we are seeing. Also, there's less retail sales and remember back in June, we celebrated that bank holiday for the platinum jubilee. Now that is likely to have really affected activity. And this was all according to a survey from Bloomberg economists, but we are likely to see a rebound in the third quarter, but really manners that is where the good news ends, and that is because we're going to be seeing these soaring energy prices coming up in October. So there's lots to account for, but we are likely to see a contraction of 1.2% in an hour's time when all those figures drop. And Leanne, where are we on the hustings between where she soon Liz, trust, and I ask you that because there is this debate about whether we'll see more windfall taxes on the energy companies. Manis. So I think there's 6 hustings that have happened and the one was in cheltenham last night, but we've got another 6 to go, so there's 12 altogether. So halfway there, but we have to focus on the BOE is really focused on getting inflation under control, but it seems that Rishi sunak and Liz truss are still sort of having this fight over windfall tax list. Trust has completely ruled out a windfall tax on energy companies, where Rishi sunak is saying it would be considered, but yesterday the prime minister Boris Johnson, he's obviously ruling a caretaker government at the moment, met the big bosses of energy companies to try and come up with a solution, but he's saying there isn't one and he's not going to put in one until a new prime minister is put in place on the 5th of September. So what this means is households are now anxiously awaiting to see what could happen and also the BOE is so focused on bringing down inflation. What it means is they're going to have to wait for a new prime minister to come into power in order to see if they fiscal policies will help bring down inflation in the future. There's a lot of uncertainty at the moment and I think a lot of people are concerned that their energy bills could source significantly in October. And I think, you know, just a coin, what Liz trusts actually had to say shit. I don't think profit is a dirty word. In fact, I think it become a dirty word in our society, is a massive problem. And maybe this is where the divergence in terms of that sort of that era mantra from let's trust comes through. I got to say, Greg the producer on this show is a mighty fine lad. It went Iran all the way to the kitchen. There you go, no more coffin. We're done. Liam, well done. It's amazing. You kept talking and he kept running, and we got there. And you kept very much but I hope you feel better. I kept coffin, but you didn't take the hint. I would give this a you just kept going. That's not like about you, Leon. There's nothing going to stop me. I hope you feel better, man. We'll be grand. We've got the water and either the elixir of life. Leanne, thank you very much, Leon guerin's in London headquarters. We'll bring you those GDP figures as they cross the tape. We survived. We got there, we got the Friday. We didn't break anything, but not yet. Equity markets this morning are trying to reassess what does the steeping of the car really mean? My gas this morning, Charleston. It is of course looking at the U.S. equities up by a quarter of 1% this morning with a cautious level of from upgrading their equity outlook from unattractive to cautious. NASDAQ has had a 20% rally
WNYC 93.9 FM
"sunak" Discussed on WNYC 93.9 FM
"Of savings for people who had worked hard during their lives. And protecting them was very much an article of faith. So I think that Margaret Thatcher would have been with Rishi sunak. When you compare it with Liz truss, she is very much on that other article of faith, make sure we give people their money back or don't take it in the first place in the terms of taxation. But this is counter to what Margaret Thatcher would have espoused. And so we're in a very curious situation, both sides would like to be seen as thatcherite. One is seen more factor right than the other. That is Liz truss. But for the wrong reasons. Actually, sunak is more factor right in his approach. Right, so Liz trusts, a lot of comparisons, I suppose, because she's a woman and there have been these kind of aesthetic comparisons, I suppose, haven't there. There's been where she's posed for photos. Imposes remarkably similar to ones that Margaret Thatcher maybe did in photo opportunities famous one that standing on top of a tank, I think. Yeah, very much though, and there are actively encouraged and sought out by Liz truss, who has seen the opportunity as a woman of middle years in the same way that Margaret Thatcher was. Certainly less stress has done everything she can to remind us visually of the similarities between the two of them. And I think it's fascinating. Of course, that's not a gift which is open to Rishi sunak. Answer has to be in words and if we look at a recent article he wrote in The Daily Telegraph in one sentence, he managed to get one way or another. The word stature or thatcherism or fact into one sentence. So we know that aligning yourself with the memory of Margaret Thatcher will strike a court with that peculiar electorate those hundred 150,000 or so members of the Conservative Party. You've kind of given a hint in some of your earlier answers, but if Margaret Thatcher were alive today and had a vote, was a Conservative Party member who do you think she'd be backing? I think she would be backing Rishi because we must go back to the grocers, the Greek grocers, daughter, brought up in grantham, where Rishi sunak recently visited. Who's her father, council of Roberts, was an absolutely rock for her. His beliefs in sound money honesty, dignity, hard work, saving and thrift ran through her bones. And I think she would say Rishi sunak actually in the circumstances he finds himself as now a former Chancellor, really had little choice. We know where his heart is, it's the same place as Margaret Thatcher's heart was. And that was Jonathan haslam former director of communications for the British conservative prime minister, John Major. Now, scientists have developed new telescope to detect the smashing together of dead sons known as neutron stars, the collisions are thought to create the heavy metals in the universe, including gold and platinum, and the stars themselves are made from a substance that is so heavy that a small teaspoon of it weighs 4 billion tons. Has had exclusive access to the new telescope and sent this report from la Palma in the Canary Islands. High on a mountaintop on the volcanic island of la Palma, where clouds appear as a white fleecy carpet below are a dozen telescopes of all shapes and sizes. They gleam in the late afternoon straw colored sunlight. Scattered across the peak like white and silver sculptures that are part of an art installation. But one of them appears more like artillery than art. Its twin domes open to reveal jet, black batteries
Bloomberg Radio New York
"sunak" Discussed on Bloomberg Radio New York
"The paper review on Bloomberg daybreak Europe. The news you need to know from today's papers. Let's get some more on those papers from Liang garands. Good morning to and great to have you in the studio with us so I'm actually going to start with the times with a splashes with the former Chancellor Rishi sunak depending as choice to refuse tax cuts if he becomes the p.m. until inflation is under control, so a little bit more detail than that. So the former Chancellor Rishi sunak will today attempt to fend off attacks from his rivals for the conservative leadership, he'll insist at an official campaign launch that he would cut taxes once the country had a grip on inflation and I don't know if you remember, but he did say this as Chancellor, and this comes a senior cabinet allies of Boris Johnson are preparing to announce their support for Liz trust someone else who threw her hat into the ring. And sunak will double down on his comments to be fiscally disciplined and he'll also warn rivals on big tax cuts. Another story in the fanatic times Leanne that's caught your eye and this is to do with reforms in the city. Oh, Brexit is back, isn't it? It's been back on the gender for a little while, so ministers are poised to back a new wave of post Brexit reforms to the City of London that will actually make it easier for listed companies to raise money in the UK and encourage retail investors to back them. So there's been a series of recommendations they've been drawing up by fresh fields lawyer Mark orston, who has a reviewed fundraising rules for companies in London. Now the alston review focuses on several key areas, including making it quicker and cheaper for companies to raise money on the stock market. Now all those plans are expected to be unveiled by a speech in next week by the new Chancellor nadim zahawi, who's also in the leadership race. There was also some mind-blowing news about mo Farah and the way that he came to the UK many years ago. Yeah, absolutely, you know, he's such a hero with any especially when it comes to athletics and I love watching him run, he runs, you know, he's been so inspirational for so many people. I wouldn't say it's encouraged me to run for anyway. But mo Farah has revealed he was bought here to the UK illegally as a child. Now this was under a false name, and he was made to work as a domestic servant. The Olympian says he sharing his story because he wants to challenge preconceptions on both trafficking and slavery. He arrived at the age of 9 using someone else's identity. So he's going to be speaking in a BBC documentary. It's called the real mo Farah and that ends tomorrow. And he says he was sent to live with a woman who did mistreat him, so we're finding out a lot about an athlete much loved in this country very brave to come out and tell your story. Absolutely a fascinating and extraordinary account. Thank you so much, Leigh Anne
Bloomberg Radio New York
"sunak" Discussed on Bloomberg Radio New York
"Now the paper review on Bluebird daybreak Europe. The news you need to know from today's papers. Let's take a look at this morning's front page as the time splashes with former Chancellor Rishi sunak defending his choice to refuse tax cuts if he becomes prime minister the Financial Times headlining that ministers are set to back the next wave of post Brexit reforms to the City of London and the I reports that the home office has dismissed claims that mo Farah could be stripped of his British citizenship at Leon guardians has been looking through all those stories forest Leon starting with the times and its reporting on Rishi sinak. Yes, it is and we just heard from Lizzie then she was talking about the race to be the next conservative leader well, Rishi sunak, of course, the former Chancellor world today attempt to fend off those attacks from his rivals for that leadership race insisting at an official campaign launch that he would cut taxes once a country had a grip on inflation. Remember this is what he did say when he was childless and not moving too far away from what we've heard before. And this really comes as senior cabinet allies or Boris Johnson prepared to announce their support for Liz trusty through her hat into the race yesterday, but soon act will double down on his commitment to fiscal discipline, also warning his rivals who want big tax cuts straight away that voters need honesty and responsibility. Okay, that on sunac, meanwhile, this could be very interesting if you're a retail investor, the City of London. Yeah, indeed Caroline, so ministers are poised to back this new wave of post Brexit reforms to the City of London that will actually make it easier for these listed companies to raise money in the UK and also encourage retail investors to back them. Now, this is after a series of recommendations has been drawn up by the fresh fields lawyer Mark Austin. He has refused a reviewed all the fundraising of the companies and plans are expected to be unveiled as part of a speech at mansion house in the city next week and that will be by the new Chancellor nadim zahawi
Bloomberg Radio New York
"sunak" Discussed on Bloomberg Radio New York
"Now the paper review on Bloomberg daybreak Europe. The news you need to know from today's papers. Let's take a look at the stories then making the front of today's newspapers. There's a focus on the Tory leadership context contest as you might expect, let's get straight to that then and Leigh Anne Garrett has a rundown for us. The Tory leadership race take us through at the coverage Leanne. Lots of them in the race aren't they Anna almost overcrowded but on the front of The Daily Telegraph this morning the foreign secretary Liz truss makes a pitch to return to court conservative values, so she's officially launches her leadership battle. In the article, she announces her candidacy signaling she will cut corporate tax reverse and national insurance rise and overhaul business rates. The move piles further pressure on the former Chancellor Rishi sunak promised tax cuts with most of his rivals to replace Boris Johnson vowing to unpick policies, he did adopt as the Chancellor so there we are. We've heard from Liz trus and what she hopes to do if she does get that role. That's a telegraph, the Financial Times meanwhile, reporting on efforts to speed up the process. Yeah, absolutely, so they want to make sure that we get a new prime minister in ASAP, so senior Conservative Party figures are plotting to rapidly thin out that field of candidates, 11, as we know of so far, to succeed Boris Johnson, and it's also reporting there's bitterness between rival camps and apparently there's a dossier attacking Rishi sunak in circulation. Now the process to elect the next leader will be agreed at a special meeting of the 1922 committee of back benches today, and they'll sort of lay out what they hope to achieve in this leadership battle, but one Tory MP close to the leadership race said, it's unlikely that MPs will demand candidates have the support of at least 10% of the party to be nominated, so lots of support they're needed if you want to go forward in this race. Okay, and Leigh Anne, I know what you really care about is the tennis. Yeah, really care about it. Watched it yesterday what a great match, Novak Djokovic, of course, winning his 7th title he was playing against Nick curios the bad boy of tennis he went crack as a couple of times. And he didn't win, but it was a great term
Remainiacs - the Brexit Podcast
"sunak" Discussed on Remainiacs - the Brexit Podcast
"Does purchase. How figure in the humphry enough of bad. Aim secretaries kuchis is she all. She all worse civil liberties. It's hard. I think you would burn a by the way theresa may probably would have been the way if you could have had her way but unluckily for her and luckily for us she was there in that sweet spot of live dan tory coalition where they needed to do the things they claim to criticize about the labor body before them. So that sort of saved us on this front not on immigration but it did on so many civil liberties issues. I'm i think. New labor was new. Labor was like a full spectrum attack ready and you look at people like blunkett evens with jack story before the september eleventh attacks. You know th there is a slice of modern torey opinion that likes to pride itself liberties. That's essentially i think a a very mild pick 'em reductionist and exclusive sense of civil liberties which is really simple for like us right if you're someone that they can't imagine what life is like then you can go get fucked if you're testy you can go get fucked however the for things like habeas corpus and identity cards there is that david davis strain in the conservative party and that protects that i think from getting quite as bad at the moment as it was on a new labor however undoing lots of however is now problem and the distinction now is that it's embedded in the coach wall right so there's an attack on institutions which simply did not exist under the new labor period and does now and there's also really divisive attempt that unit pretty patel baddie bothered to conceal that she was targeting specific protesters with what she was doing which is particularly dangerous when you think about the fact that discretionary power that you handing to the police. Because you've got the hamster parliament's hang. I'm looking and i'm looking at extinction agenda since you're rebellion. You know this. These are the guys that are essentially. I want you to go for so on that basis. it's sort of. it's less comprehensive. I think than the assault on civil liberties was happening on labor. But it's more sort of toxic and more dangerous because it's part of that culture war attack on the institutions on individual groups just briefly going back to the election spell that bill hands a lot more power to Michael gov is sexual states. It's not really a health thing per se. But there are of course remiss. He maybe advantage even sexually position any views. Now do you think there's any credibility behind their dreams. I can tell you whether that's with adds up. I mean at the moment. I haven't heard anything that would suggest that is complete nonsense during the thing. That's just that has any real substance behind it. I'm brushing was the birth johnson's pretty much pretty happy with what pretty potatoes during that kind of cross. Apparently so we're told for not bringing the numbers down. Further onto the migrant. Arrive was the summer. I don't really see that means. She's posturing precisely the way that he would one. It would seem odd if that was the flip that happened right now. I mean frankly. I got to tell you out fucking take it by the was of course. Yeah yeah you would come back years. He's not a stretch wishes now gracie the home office is running series of long-haul mass deportation flights to various locations including zimbabwe nigeria jamaica. Some of the people in these rights arrived in the uk in a very tender young ages and really only know life here in the uk. Are we witnessing another wind rush. Well i mean. I sort of feel name. Anyone have moved to say about this. But i like the fast when roche channel is an even ever So it's win or even our another wind rush in the window. Standard is still happening. People are still in compensation on their descendants are still vulnerable to deportation and other violations of devine's. I'm i mean. I think why. I understand why. This conversation focuses in particular on people who've lived in the uk for very long time. I think we should be questioning. The idea of hutu matic deportation post conviction for anybody. Whatever you eat on the criminal punishment system the point as in day somebody to victims themselves sentence announced the end of that so i think when we know that the wet however somebody's being in the country when we know that the impact Disproportionately racialist on cost. I think quite a list. I think you should be thinking about. Actually whether mandatory deportation provision should implants for anyone many gracie mentioned that j. c. w. i i'm sure they are missile. Absolutely i mean i agree absolutely what gracie just said then. I mean. we've been quite lucky with these last few flights that we haven't had any clients on but jc. W i in general completely opposes these kinds of deportations. They're really cruel. They happen in the middle of the night. They tap people from their families. They've often sometimes have been out of prison for absolutely years and have just had this threat of deportation held over their heads. The reason that we're seeing this kind of speeding up deportations over summer is obviously because the government has the asylum. Bill coming back in september so twofold. They're trying to kind of rally up support for that terrible proposals. That will come back. In hopefully in september committee stage and also because the foundation of that bill is these third-country agreements deals with other countries to take people from the uk who supposedly don't belong here now. Some of those deals we think of being secretly agreed. So this imbaba dale. Zimbabwe previously didn't actually accept removals. Which is why. We're seeing some zimbabwe flights now because we think that the government has some kind of deal with zimbabwe of meant to suddenly accept these deportation flights and again some of the rationale behind that is really tied into international development and foreign aid because they've reduced the budget so they kind of using foreign aid as a threat to be held over international countries. You know basically take the people that we don't want and we'll give you a bit more money for it saying there's a limited supply in. Let's talk about this Government panel reviewing the human rights. And of course we've we've seen dominant cummings getting frothing theory about it on to turn his logo last couple of weeks as well. Brexit's is loathe the european court of human rights in particular and never seem to tire of bashing human rights. In general. what's go. What else do we need to sort of. Get out of the whole thing. Essentially sort of brexit mock to right And in fact if you remember under the david cameron government before brexit. That was sort of an attempt to sort of prevent. Its rulings from being sort of of being advisory in in british law. It's important to create the distinction between the things that we're talking about because the european convention of human rights is based with the council in the country europe as completely separate to the eu. It's also distinct away from the human rights. Act which a before you can take your case to strasbourg under the human rights at boston navy. You can do it in the uk. England welsh whatever his the thing they've already launched an attack before brexit those to try to make it advisory but then brexit happened and it was fucking we hit brexit in counter intuitive.
Remainiacs - the Brexit Podcast
"sunak" Discussed on Remainiacs - the Brexit Podcast
"Because it wants to increase stuff in such a make easier to put on some young people and it's also gonna praise rail horrible challenge to gypsy metropolis communities. You just want to about an automatic way of life because it's gonna make it easier to please decriminalize them. So yes this. Bill is an attack on all fundamental freedom of expression but also an attack on some rating marginalized communities in this country. We shouldn't lean saw in kind of curious to know whether we imitating other countries and doing this global britain nonsense. The government often comes out with claiming that we're somehow leaders in the free world setting the democratic rights. We only know about the hong kong pro democracy protesters because they were noisy. Am we offered them asylum as a consequence they were offered a being a possible but it seems like they could arrive here and find that they would also be fooling. Fowler's lower say what you do is similar noisy protests here. Wh- scaring on. Where does this pit puts us globally. I mean i've got a. I should point out the beginning of this. Just say there. I mean if you've been protests in europe. The european policing response to demonstrations can often be absolutely very very severe indeed. I'm involved the kind of weaponry that we don't typically see in this country so there are some areas in which the british police purposes superior to what you see even incompatible countries. What what we're seeing with this continuation of the process that really started nineteen ninety-six public order. Act that was the start. Radi of putting this subjective assessment in the hands of the police especially section five. Which is you know anyone can get looking. Harassment alarm will distress anytime. A policeman suspected that could be public disorder. And these are very broad terms and it's left up to the individual policemen's judgment and policewoman judgment as to whether they've been encroached what's happened here is that you've just added another idea to it. You decided essentially the concept of noise. You don't really like the idea of harassment alarm or distress. I mean these are pretty harassment. Fine alarm is really these. Very very open termed what does distress you know the kind of things. This is used for As you know when you're saying if anyone could take who could find if they think they've threatening abusive or insulting language now any listen to this polka we sort of have a bit of trouble edgeley but like on any purchase. You're going to hear people swearing right. You will okay and then if you hear it on any fucking street opa right but on protesters where the police actually thinking in this way and they would take someone they will charge them with these offenses for literally swearing. And i mean this is weapons when you put too much power in the hands of police. Too much ability for them to sort of enforce this legislation on the basis of their own. Subjective judgment gracie. What are the weaknesses and the pressure points in the bill. That listeners could affect presumably. They're going to be amendments debates in parliament that they could be pushing their mp's zone or provide what. What would you cool to action on this bill be listeners. Sorry i mean it's important tonight. That were actually conservative rebels on spinal as it went through the comments which is incredibly disappointing. Given a lot of concern fact benches have been saying about civil liberties and free expression over recent years. The bill had to the house of lords can't really lobby the house of lords. In the same way and at this stage. I would be saying to people take to the streets. That is my believe day of action plans. Latest one. i think it's ready important. That people show up by the kill. The bill coalition. Of course. you know it's likely that would be some kind of ping pong where the house collins has to consider amendments made by the hospital and it will be really important. The people's mp's at that stage may be more willing to stand up the last time and especially the conservative backbenchers. So if that's one of the areas that you live in please go through constituencies surgery Mp's away more light into this utah. No or if cool their office than if he sent them. A kind of pre email from campaigning. Groups today might avoid hot with your mp. three. I think krisha day. It's really important to get into those grassroots. Mike ations that happening. As i say to kill the bill. Coalition is organizing them. Until say think about okay. Well even if this bill becomes. Oh how will we still michaelides. How will we make operate. Because it's in making it unenforceable. Ready it will be defeated many. It's not just groups like blm and extinction and people in the progressive wing of politics like demonstrate oversee. We've seen Auntie demonstrations we've seen far right. Demonstrations is this therefore issues that might kind of transcend the traditional spectrum. They're going to be pushed back to this bill from the likes of you know farraj and his march. I'm from the northeast. I mean i haven't seen very much. I've seen some people who were saying you know we should have the right to protest. It comes with our freedom of expression freedom of speech but the unity. I don't think we'll be there. That's needed because these two groups of people just cannot communicate in the same way. And i i think for the kind of protests that gracie's talking about you need a sense of organization and you need a bit of kind of unity across the board but can you imagine a protest with those two groups in the same dog. Don't i would. Kind of prove government's point i think if gracie in this trinity of bells The electoral integrity bill as it was called. It's now called the election spell enshrines voter. Id in law. Even though we know voter fraud is not to be a pretty negligible problem. There are other Issues with the bill. But it's it's kind of widely acknowledged as a voter suppression move and that's where a lot of the focus of attention has been on this election bill. What's liberty doing about it. What can our listeners. Do not front to this. Bill is in much earlier stages. It spans even scrutinize by parliament at this stage so we would be encouraging people again rights. I think ulcer is important to actually humanize the hot of this kind of legislation. We hired that. The elections bill will have a disproportionate impact on certain groups of people. Because there are the people who don't fade to. Id tend to come from communities though already marginalized and already under represented by our political system. So i think it's really important to actually talpet Human stories as to why. This is how. I am what i buy two eight. If it's safety because at the moment again even those conservative backbenchers. I'm saying of case. Studies re tweeted by conservative. Mp's that which not be mitigated by this bill the erbao coastal impersonation so unsafe really important to counter some of that some of that misinformation. But as i say we can fight these issues piecemeal because they're part of a joined up strategy and really what we need to be there and it's getting out and organizing towards what we want to say in the world what we ought to be during how we want to organize ourselves politically what we think get society. Looks like because just keeping drouin in defensively by this constant drip of threats. We're not gonna get out this cycle when.
Remainiacs - the Brexit Podcast
"sunak" Discussed on Remainiacs - the Brexit Podcast
"Up. We're going to get into the nitty gritty with gracie bradley guest this week interax liberty now gracie before we get into kind of talking about the government. Just give us a bit of a background on liberty. You do the you'll you'll roots becoming director. What was your janney. Oh yeah alone johnny. It feels like no. I suppose longer to say. Liberty is one of the case. Oldest human minds open is asians. We were founded in one thousand nine hundred ninety four in response to oppressive policing hunga marches and our mission. Now is the same as it will send. It's about stunning to power. A mandate is ready civil liberties inequality and we have an amazing investigative. journalism unit investigates. We have a pretty imposing campaigns team. we have already dedicated advice and information team that gives advice threatened to the public. We say how already stella litigation units we kind of do. I like to think of the kitchen sink. Theory of africa's in tops journey started mocking in seventeen. I've primarily been walking with migrants people hearing hot survive torture and other foods human rights violations. I ready i was tired of writing. decide this pasta Place to pain nausea vermin that our saima asylum accommodation. Please this Legal report at cetera. I really wanted to change system. That people were having to navigate because it was ready crew. And i can see yes that were really great exemptions survive but the government was just responding by defining people out the cat scrape to survive. I really wanted to do that. Kind of lift the base of treatment for everybody going through the immigration So not time. Deputy was doing on hostile environment. I joined as opposed to in campaigns officer. I was permitted in two thousand eighteen. And then i started walking across. Police say encounter tara tacking surveillance on the nastier permanent director martha headed off. Apparently on i was capacity created to be the director and i've been really excited to try and lead campaigns that get people behind not just what we don't want to save but ready to kind of wealth that we want to say because i think that that's really will get a morning and that's why we are so you say that liberty has been around since the thirties during that time it would have faced better and worse governments. I think it's pretty safe to say that the current government is certainly making your coo was relevant with much more restrictive approach to civil liberties than we've seen in the last couple of decades. We're going to be looking at some of the key legislation. But i really would like to start with judicial review. Bill that was recently introduced on for now it seems to be being used mainly to restrict access to review of asylum cases. Can you just give you know the kind of the top lines listeners. About what's in the bill and why it's dangerous absolutely Judicial review bell was published. Not on a guy. And then abc's view. It's paul breuer systematic pond the government outside of accountability. I'm so this bill was talented. Means restrict access to judicial review a nazi legal process that can use to challenge government agencies in public Something wrong the barrel as the minute as we say mainly going to affect immigration cases and restrict people's ability to bring legal challenges in that area. But we should understand it as a first step towards making it off across the board. The people i cost to challenge wrongdoing and failures of the state and i mean the political agenda behind this is iron liberties and others are kinda thin-skinned attempt to respond to the that prem- cool said in twenty nine teen. The parliament shouldn't be pariah. But the real life back of this will be found fall beyond westminster many spin. Your experience of judicial review is reference to margaret cases at jason. Yeah i mean. Judicial review has just become so important for migration cases usually because most people have exhausted all other options. It's kind of like a last resort especially as appeal rights have also been repealed over the last few years most people that we have as clients. They use it several times throughout their journey to getting status and we use it to challenge things like wrongful detention or really poor decisions. We have examples using it to stop really unwell clients from having to sit through a home office interview and i think in that context we use it a lot of the time to challenge the home office because they have such poor decision making anyway and i think the home office uses the kind of number of jr's they skew the data to have it as a reason to point the finger at kind of do gooder lawyers who are intervening in the system cycled activists lawyers allows data. They act is exactly. And i think actually what we find in our experiences that we started. Jr price s. And then eventually the home office has to back down and agree agree with us or the core agrees with us because the decisions being made by the home office a so so pau that they can't do anything else you know. The home office is its own worst enemy. If we had a department was reasonable. This process wouldn't need to occur at all for migrants. They also then us. By the way that fact that they so often news these cases justification for judicial review should not apply to them So during the panel when the panel was sort of brought together to look at judicial review for nine was said oh plus about ten thousand pounds a case on judicial review now that number was boost completely made up in later and nfl. Why they said it could cost up to ten thousand pounds not every time but what they did. They included costs in that calculation. So there was just the things that they had to pay because they behaved unlawfully awfully. We're part of their argument for. No one should be able to hold them to account for their own new for russians to which the basic to offices. Just stop fucking behaving unlawfully. Have to pay the coast gracie karimun if this bill being expanded in. What other cases could affect beyond those around migration assay judicial reviews a critic who root for everyone's challenge pro-police It was used repeatedly to challenge. Karenna wire slows. When cast on the foul. It's been used by disabled equal to get the support that farren titled to under the law united states. There's a real. If you think about the different areas in which government public authorities make decisions about us in line how he treats it judiciary house potential to be used in any of those areas the ramifications of time she rules at the start of this section talked about the wider threat. This is just one piece of legislation that building up to that. There's also of course the notorious please crime sentencing. And course bill bringing new police powers including very famously that restriction on new easy protests nuisance location of protests and and the government claims that this law for use against disruptive protests like when extinction rebellion stopped public transport whereas liberties view on this and the fundamental rights of people to organize and demonstrate against government. Power this bill recoilless bill. The police crackdown bill. Because that's what it is. It really is an attempt to extinguish have almost fundamental on cherished democratic freedoms. I mean i don't want to be treated in claiming bassett because the reality is as we protest because there's a law that says we can protest protest because about freedom so whatever this sack whatever it becomes no. it's never gonna stop people from protesting. Would it is going to do is create more confrontation between protesters on the place is going to lead to more sayings like scenes that we still from common. It's not something that even senior former police officers have come out and said they don't want to be invoked and they said they think this bill is a threat to democracy. Hasn't even one of the big policing unions has come out and said we don't want this. Bill isn't going to help us. You accept the date wanted. I mean liberty in france at the office Did some freedom of information requests the Actually the police federation and the sec. One even consulted on the provision if the bell so i mean it's pretty unpopular across the board. I think it's really important for us on edged the united this is part of a wider trend in an attempt to crack down on prey test. If we think about stanstead fifteen protesters. We stopped to see why they were charged. Counter-terror no we should remember that the met in one thousand nineteen awfully banned protests in london distinction rebellion during the pandemic. We've seen enough fined. Ten grounding for organizing protests about how working conditions united that were rules charges against lab protesters. That's been ready. High not will live repression against protests in this country for a long time. This bill is another step in now. But i suppose the other thing i want to say about. The police in bill is that it isn't just about protest and we really shouldn't ignore the fact that will drive Moves through device of raisch lines working class..
Remainiacs - the Brexit Podcast
"sunak" Discussed on Remainiacs - the Brexit Podcast
"It had only been disposed for sixteen months so the material was really fresh huge. Thanks to everyone who came or watched zoom in dont was on the panel and many roman campaigns and at the joint council for welfare immigrants within audience and spoil. She's had to in before we get too many. Did you enjoy your return to the stage and treading. The boards once again treating the boards. Yes no i did actually. What is this nice changes next instead of sort of sitting at home in a funk of existential despair i could do it in public with other people so i was pretty stay. No okay done one. Done one book thing at a festival. We had about twelve people but it still kind of broke the seal okay in front of humans now and their faces light reflect personality and speech. And so i i got over the sort of general down hump on on on many. This was the first time you've met us all in person rather than over zoom and she's still him and come back today. how how disappointing was reality versus. Disappointing go you. All the exact height. The i imagine you know. I had a great time. I thought it was a brilliant show. Audience was like super into it. I was e- printer. It was great all now in this week. the u. k. Indie band british sea. Power changed their name to simply seapower and that was to separate themselves from the recent quotes. Wave of cross nationalism and of course gb news go into a very predictable rage rates and the band even on page three of the telegraph. What do you think about this. I mean a doesn't really matter and no one's you got upset about these things a different kind of like addictive something. That is quite side. Which is this the you know when when they called themselves that it was. This is a very pro us. Abandon very sort of cordray. They've they've done songs. And i mean they've already committed on this stuff and clearly when they said british he had that kind of kind of ironic. Like the thing you get a bit with blur like kind of like an echo of the sort of imperial stuff. But you're in a country. Now that's more than enough to talk about that stuff being sort of fund of the country monkey at the same time and it takes a lot of self confidence to be self deprecating to be right to mock yourself you the people that you meet like insisting on how beautiful they are how strong they are. These are not so confident people. These are people who have crisis confidence so the fact that this band now looking at the country and the i don't wanna use the word british anymore because that wryness has gone in the irony has gone and now what about this chest thumping with the best in the world was up that it's a story but it does kind of speak to this really depressing process that is going on in the. Do you think like british is becoming the new english in that regard. Because i think english is a phrase people of distance themselves from because if that sense of nationalism for a long period of time. Is there a risk. Now that jones indian government and the global britain and in ruling the waves again kind of bombast is is tarnishing led britain in the same way. Yup perhaps i didn't. I find that those two words a working in lockstep at the moment are very different in my head but not for many people and again when you look at the purpose of yearning for it was quite english a lot of the time. And if you're looking live right. Popeye for something. That is very english is sort of sort of reminiscence and a melancholy. And so i think that they kind of wrapped up in each other but the fact that we when no longer confident enough to express that sort of sense of rice off deprecation does kind of encapsulate many of the sort of depressing feelings. I've had about six years. Let's saying from important. And which is the yougov survey found that two percent two percent of british people think they could beat an elephant in a final run for now. You terrified when there's a rotten you back garden you terrified when a co invaded your home. This week focused animals that you can. You can take on a fine. Can we have him back for three days. I could really take any animal or because the thing like the big ones are obviously scary. But the ones just freaked me the fuck out my main thing if they get by under my trousers right talent. There's no win against okay fair enough. I think that's probably probably safe to receive re With of course the un's intergovernmental panel on climate change reports issuing code red for humanity. Climate is obviously very much migration issue too. So do you think it featured in the report enough. Yeah i think so. So the report itself is very very dry it's very technical focused on scientific processes and i'm what's happening to the climate itself. It does make some allusion to the fact that margraten is an adaptation strategy to climate crisis. But doesn't go into it in any depth the ipc before has raised migration as an issue and set the actually international governments. Do you need to think about it now. The thing is if we had a sensible government if we had a government that was like really serious about protecting human rights protecting the lives of people in the global south on tackling climate change than they would view that mystically and think about the measures that are needed internationally. In order to ninety help people move but also to give them the right to stay in the countries where they live so what that looks like is looking at things like changing the definition of includes people who are moving from a climate affected area but it also looks like sharing technology sharing resources sharing infrastructure helping people learn job skills or technical skills which allow them to either transition to work in another country. All keep some kind of work in the country where they originate from so there are lots of things that our government could do but the government is nowhere near considering any of those things as a reality mel half to get two great soon and and also here just before we came in to record. I saw that. There's now a new thames flood-risk had to up data and it doesn't look like the current Inspire is going to be able to hold. It was basically sharing which bits of london are likely to be very regularly underwater. Where we are right now is is among them. Like even even as far north of the thames. Yeah so maybe we need to learn some new skills so that we can actually be employable elsewhere to a special guest. This week is gracie bradley interim director of the human rights campaign group liberty highly gracie. Welcome to the show. I am gracie last week. Apple announced a new system which scans uses phones full images of child sex-abuse privacy advocates have Slammed the technology winning. It could be used as a kind of way to spy on people. What's the liberty view on. All of this. I mean liberties fears that child protection as with many of these new traits to technologies that often justified in the name of something. That's eighty radium portion and that we support in reality. The implications are often fall by reaching unless publicize..
Coffee House Shots
"sunak" Discussed on Coffee House Shots
"Us then everyone else has to follow seat but it is hard not to look at what is happening in afghanistan right now and think we have a disaster coming our way you already have the afghan national army repeatedly fleeing in the face of taliban attack the us left by gram apples base. Which is you which was one of the main operating in afghanistan without alerting the afghans they were the afghan force on the base that they were leaving. The base was then looted into a free hours of ad of the us departure. I just think this is the idea that you will preserve. The progress has been made in afghanistan in the absence of western forces is a very bad idea the. Us is also set itself. An incredibly limited remained in the it will only conduct asteroids afghanistan if it thinks that it would be hitting a terrorist group. That was preparing an attack on the us or another western target. I think given that and given the performance of afghan national army say law is very hard not having the kabul will be falling to the taliban within the next eighteen months. Or so. I and i think that is well. Hit on the head about his points about ungoverned spaces. One thing we know is that terrorist groups are far more dangerous when they have space from which they can operate with impunity. Now it remains to be seen whether the taliban will host terrorist groups again or not but if they do what is the west to do about it. And i mean this is. This is a real problem but even if a taliban do not give how streams terrorist groups again. They're none of them to power. So we dissolve million afghanistan and most tragically particularly for those particularly for women in schools women who have enjoyed the great levels of freedom. They have hired north on the taliban control and most tragically for all those afghans who have corporated on worked with the nato forces in afghanistan yes on countries speeding up these translators and the like but not everyone who has helped of a nato forces is being given us all of them outside of the country and his hard not thing that they will be putting a very difficult situation motives western withdrawal. I think one question is quite interesting is with a western forces whether the us uk going to reserve the right the threat the sort of deterrent and threat to return if the situation worsens their training camps return for instance. That's a strategy. That judy lewis. He's a conservative. Mp who has has got real expertise and interest in defense has advocated that needs to retain limited capacity for airstrikes for instance if the situation does worsen rather than i kind of washing washing of hands and saying right that that's done yes absolutely and finally james one thing that's on people's minds today is no afghanistan or the pensions triple lock. But the fact that football is coming home. Did you watch the game last night. And would you think of the political ramifications of our victory. I did..
Coffee House Shots
"sunak" Discussed on Coffee House Shots
"We've got an interesting question. The g. seven you. How hard to communicate goes on china how much it is prepared to me clear. A china is afraid. And finally as you're packing to go to sunny portugal. How did the prospect of a nice summer. Look for the rest of us. Come june twenty-first again this debate play out where every day is one side. I think dominates the airwaves when it comes to the scientists versus also some scientists saying things better by cleveland was thinking about this debate it feels more scientists government by i that is a little bit houston ballistic in there are some scientists coming out and actually saying things do that fatty good sto- i think today's probably one of the more gloomy days in the sense is begun to neil ferguson. Who is very pumped into what's happening in government going out on the sniper to say that things looking less in terms of data than they did last week and opening the minute comes to the transmissibility of the indian variant eight. He thinks that might be around. Sixty percent more transmissible than the cab variant. And i think that now he didn't is definite and he's as thirty percent out to even narrow one hundred percent more transmissible so we need more time for the data. But i think that that convinced by the arguments being made behind the scenes to the government in terms of what neil ferguson. Savage was the need for caution. Now again i think this is gonna play it for seven days until we have a purpose because the government is going going to get very close to the fourteenth to make a final decision and i think next week we should exactly little bit claire but even then things can change jason katie. Thanks very much. And thanks for listening to this episode of coffee house shots. Do you rate and reviews podcasts. From and join his next up sage..