Fix that. And the communities secretary sajid javid says the government may be prepared to borrow money to pay for it. We are looking at new investments and there will be announcements im sure at the budget we will be covering housing. But what i want to do is make sure we are using everything we have available to deal with this housing crisis. Where that means for example we can sensibly borrow more to invest in the infrastructure that needs to more housing, take some of the lyric take advantage of soggy record low Interest Rates we have, we should consider that. He set up to 300,000 new homes are needed annually, double the number built in england last year. Labour welcomed the announcement but said it would go further. We committed to 500,000 a year so go further. We committed to 500,000 a year so its less than we would like to see that its a move in the right direction but it needs to be the right type of housing. Social and affordable housing, thats so important. This man has been
What does macrons success mean for political movements outside france . In particular, what are the lessons for the British Labour party . And werejoined by the poet, kate tempest. Carcinogenic, epileptic, post traumatic, bipolar and disaffected. Atomised, thinking were engaged, staring at the screen so we dont have to see the planet diet. Hello, welcome back to paris, at the end of the long 2017 french president ial election. And at the start of a new phase in modern french political history. Emmanuel macron is obviously a big dealfor this country, a fresh face, a reformer, hes leading a new party with a new programme. But he is also now an important player in the world. His bigger than expected win is a tonic for depressed liberal centrists everywhere. The opposite of trump, hes a man who didnt shy away from his pro european views, his desire to keep the border open, his belief in trade, his adherence to a tolerant, open society. Unlike some others, he beat the far right by taking on
And the terrorist attack on a busy kenyan Shopping Mall leaves dozens of people dead as the hostage crisis spills into a third day amidst gunfire and explosions in nairobi. Weve got the latest data out of europe in reaction as we wait for the german election results. German private sector expanding a little bit more. 53. 8 in september, 53. 5 in august. The composite or manufacturing pmi for europe, 51. 1. It was around 51. 4 in august. The consensus was 51. 8. In fact, that pmi a little bit weaker than the consensus. Even on the german side, the german manufacturing number came in slightly weaker. 51. 3 versus 51. 8. New orders slowing down a little bit as emerging markets wane. Euro dollar down 135. 11. Last week we were 135. 60. Thats the economic back drop as Angela Merkel romped to victory. It is left facing tough coalition choices. Around 41. 5 of the vote but her liberal partners failed to make it into parliament. Europe reacted by opening slightly slower. Jeff and annette have