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BBCNEWS Dateline London July 7, 2024

floods the country had seen in a decade. now on bbc news dateline london with shaun ley. sombre but. hello and welcome to the programme which, for the last 25 years, has been the place where the uk s leading political commentators debate the big themes of the week. alongside them, the foreign correspondents who blog, pod, broadcast, and yes even these days write for audiences back home from the dateline: london. it may be our final edition but we re still looking forward not back leaders and their future. after liz truss told herfinance minister, the chancellor kwasi kwarteng, to go, how long before british conservatives force her to do the same? biden or trump? who will win a second term in the white house, or might someone else get the chance of a first? and can china survive a third term for president xi? in the studio arejeff mcallister, time magazine s white house correspondent during the clinton years, and then chief of the magazine s london bureau. he and his w ....

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BBCNEWS Dateline London July 7, 2024

who will win a second term in the white house, or might someone else get the chance of a first? and can china survive a third term for president xi? in the studio are: jeff mcallister, time magazine s white house correspondent during the clinton years, and then chief of the magazine s london bureau. he and his wife now run their own international law firm. eunice goes, a portuguese writer and academic, lectures on comparative government which, i guess, is how countries learn from each other s mistakes; and steve richards, who arrived at westminster just as the conservative party was evicting margaret thatcher from downing street. the latest episode of rock and roll politics, his podcast, is entitled the next labour government and the power of markets. have events of the last few hours, perhaps certainly the last few weeks, steve, provided you with an insight into those two thoughts, the power of the market and the prospects for a change of government? prospects for a c ....

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BBCNEWS Dateline London June 4, 2024 02:40:00

my aspiration is to lower taxes over time, and hadn t done what she is now not doing anyway, she would have been in a wholly different position. if she had brought in some of her internal opponents, which prime ministers who haven t won an election have to do they may not like it, but they haven t had the electorate s authority enhancing boost, so why she didn t see that is a really interesting question. i think they ve been in powerfor so long, it is utterly intoxicating and mesmerising when you become prime minister. you think, well, i ve done it, all the others wa nted to haven t. and others who might be better than me have failed. they have all failed and here are my and i m just going to go for it. she didn t dare speak and no one dared to tell her, hold on a second, you have won a leadership contest, tory mps didn t vote for you by a majority, you haven t had the ....

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BBCNEWS Dateline London June 4, 2024 02:33:00

The power of the markets as such is that there are a few iron laws in the british politics. it is wild, as we all know, but one of them seems to be that although england, not the whole of the uk, but england tends to vote for conservative governments, they turn away when conservative governments get into trouble with the markets. they did it withjohn major, they are always doing it with labour governments, and that has happened now. it is striking, we have had many dramas over this 12 year period of tory rule with borisjohnson and brexit and everything. it is this. the market s responding almost immediately to that mini budget. the turmoil that has followed has led to this extraordinary position where liz truss, who sought definition and purpose through that mini budget, is having to scrap it all, because the markets found it unacceptable. ....

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BBCNEWS Dateline London June 4, 2024 02:35:00

There are constraints. the portuguese government has dealt with constraints for a very long time and the european union is a very big constraint. it forces a kind of fiscal responsibility to the government. liz truss came in and thought that she was able to set up and to enrol and implement a radical agenda for which voters had not voted in, in 2019. if she would be a student in my class, i would be doubted one of the first things i tell my students is that they need to learn the constraints, power matters. the fact that if you don t have powerful supporters, supporting your agenda, you are not going to be able to implement it. timing matters. to start to implement an agenda that is essentially to support the 1% at a time of a cost of living crisis is cognitive dissonance of a higher magnitude. thirdly, there is the whole question of timing, ....

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