Brexit put Britain in crisis - and politicians aren’t talking about it
Times Radio
Jun 21, 2024
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“I think that was the greatest act of national harm that this country’s probably done for a century.”
Lord Rose is “shocked” the main parties aren’t discussing Brexit in the run-up to the election.
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Transcript
- 0:00
- I'm quite shocked still that the one
- word that hasn't been mentioned much
- during this election is the brexit word
- you know I think that was the greatest
- act of national harm that this country's
- probably done for a century well in a
- minute we're going to be speaking to the
- conservative peer Lord Stuart Rose but
- first let's hear from times radio senior
- political correspondent Patrick Maguire
- who joins me in the studio now um
- Patrick it's been a funny old day on the
- campaign Trail hasn't it no sort of key
- story emerging but this story about the
- betting Scandal isn't going away it
- really isn't Kathy and I think the most
- significant thing the Prime Minister has
- said on that front today is that when
- asked whether he could guarantee no
- cabinet minister had placed a bet on the
- date of the election he did not deny
- that now we already know from
- conservative Campaign Headquarters that
- a small number of individuals who've
- been identified as having placed uh bets
- on the election we know about rich cat's
- close Protection Officer we know about
- Laura Saunders and Craig Williams the
- conservative candidates and we know
- about Tony Lee the party's director of
- campaigns and husband Miss Saunders but
- 1:01
- we don't yet know whether any Frontline
- politicians have placed those bets that
- Richi sunak hasn't ruled it out will
- definitely set hairs
- running I mean it's just sort of
- beggar's belief doesn't it you had the
- launch in the in the rain you had the
- dday Fiasco and now you've got this
- betting Scandal I mean it's a it's faral
- isn't it it is and the risk of the
- betting Scandal is it's a sort of party
- gate Redux in that it pushes all the
- same buttons that people feel about
- politics indeed of Politics as a whole
- not not just the conservative party but
- it's a particular risk for the party of
- party gate the feeling that politicians
- are on the take that they are enriching
- themselves from the information they
- gain in public service it's really
- damaging for Rishi Sun particularly
- given his reluctance anyway to distance
- himself from the mistakes of his
- predecessors that last night he did
- attack Li truss on the BBC debate stage
- but it had to be dragged out of him and
- this Scandal is not going away indeed it
- could get worse is going to make Richi
- soon's job of differentiating himself
- all the harder final word then on
- 2:00
- Labor's campaign because it seems the
- feeling you get is a lot of Tories are
- sort of throwing in the towel is it
- making it easy for labor to sort of set
- out what they might do in government in
- just two weeks uh yes it is although you
- won't get much uh complacency or indeed
- forthcoming uh statements from labor on
- their fiscal plans or anything else but
- actually the lack of any pressure from
- the conservative campaign just means K
- starma is quite happy to get through
- every day without making a colossal
- mistake he didn't do that on the debate
- stage yesterday even if his decision to
- say Jeremy Corbin would have been a
- better prime minister than Boris Johnson
- did raise eyebrows in his office um I
- think the labor party are quite content
- to just try and sit this one out for as
- long as possible Patrick Maguire thank
- you very much for joining us and
- Patrick's colum in today's Times makes
- for very interesting reading as ever uh
- now which party is better for business
- as we head towards the general election
- yesterday Chancellor Jeremy Hunt and his
- labor counterpart Rachel Reeves were
- here in this very building pitching ing
- 3:00
- for power at the 's CEO Summit Reeves
- insisted labor is the pro business party
- while hunt insisted the difference
- between him and his rival comes down to
- tax well let's speak now to the former
- Chief Executive Officer of marks and
- Spencer current chair of Asda
- conservative Pier Lord Stuart Rose good
- afternoon Stuart Kathy good afternoon
- well I I wondered what your take was
- first on the question of business
- because you know Rishi sunak and his
- Chancellor have undoubtedly steadied the
- ship inflation is down but the economy
- is still stagnating so does Rachel
- Reeves's vision of a sort of growth
- agenda does it convince you well I think
- anybody's vision of a growth agenda is
- what we need Kathy but if I could just
- step back a little bit for me this is
- the most important election since 1979
- since Maggie Thatcher came into power
- when the C country was facing some of
- the very same problems as we're facing
- today so I can only reiterate first of
- all this how important it is for people
- to go out and vote Do not sit on your on
- 4:00
- your backsides don't sit there with your
- arms crossed and saying it's somebody
- else's problem go and vote interrogate
- both serious parties I those parties who
- are going to be in power either the
- labor party or the conservative party
- and say who do you believe is going to
- actually deliver and when you've made
- that decision then vote accordingly does
- that imply that you're skeptical that
- labor will deliver on its growth plan no
- I I'm not skeptical but I am inquisitive
- to know because we're still 13 or 14 13
- days away from election day and
- obviously you can see why but they have
- been pretty Spar in the sort of
- information they've given out about what
- we can expect now you ask what business
- wants business first and foremost wants
- a clear Runway it wants stability it
- wants to know where it's going to be
- over the next one two three four five
- years because we need investment and
- investment will drive growth so if we
- can get that Clarity of purpose from the
- parties on knowing where we're going but
- on particularly things like Taxation and
- I don't just mean personal taxation I
- mean corporate taxation and I mean in
- 5:00
- sort of reliefs and benefits we're going
- to get from making the right investment
- decisions are you impressed by what
- you've heard from Rachel Reeves about
- her sort of idea of a partnership
- between the private sector inviting that
- investment that you talk about um in
- partnership with the with the public
- sector and the government well as a
- businessman who's been in business a
- long time I'm rather I'm embarrassed to
- say I've been around for 53 years in
- business and I'm still at it business
- has actually been held in pretty low
- esteem since the the the financial
- crisis if you remember Bankers got
- demonized after Bankers got demonized
- business got demonized and we really
- haven't seen any really moving together
- between politicians and business since
- then I mean and unfortunately you know
- some of the early comments made by the
- conservative party were not helpful uh I
- pleased to see Johnson Boris Johnson
- talked about F business didn't he he did
- I'm too polite to use that well but I'm
- glad he used it before me but I mean do
- you think do you think they they haven't
- recovered from that that that was a sort
- of point of no return in some ways for
- business well it was a low point uh and
- 6:00
- listen we have to let's just put things
- in perspective and we have to look back
- before we look forward I mean I will say
- this and I know I'm quite shocked still
- that the one word that hasn't been
- mentioned much during this election is
- the brexit word you know I think that
- was the greatest act of national harm
- that this country's probably done for a
- century okay nobody wants to talk about
- it labor doesn't want to talk about it
- because it doesn't want to upset
- potential voters conservatives don't
- want to talk about it because they did
- it but at the end of the day that's
- caused us real trouble then
- unfortunately and this is an unfortunate
- consequence you know God laughs when man
- madees plans or when business when
- politicians make plans we had covid and
- then we've had this terrible crisis with
- the economy so you have to say it has
- been very difficult but I think we could
- have lent in all of us together to make
- things better than they are today so
- both parties are in a difficult place
- because how do you get growth you have
- to get growth by investment how do you
- invest you have to spend money and you
- can't spend money because they're
- constrained by the balance sheet in the
- UK we've seen various Tory donors and
- supporters sort of peeling off and
- 7:01
- backing labor um given you were talking
- about brexit there labor talks about
- wanting a closer relationship with our
- biggest trading partner on our doorsteps
- Europe um is that enough to convince you
- perhaps to cross the floor or not you
- well I I secretly believe they want it
- but of course they're too scared to say
- it and for God's sake let's just wake up
- the fact that our economy has not moved
- forward in the way we believed it might
- for some extraneous reasons I understand
- but we should be getting closer to our
- closest trade partner and I think it's a
- mistake not to just fess up and say we
- can actually come to a point where we're
- a bit closer in a different way stand
- back for a minute and I was putting this
- to Patrick just a second ago you had
- rishy sunak standing on the steps of
- Downing Street in the pouring rain
- launching this campaign he then came
- home early from D-Day and there was a
- huge row about that now there's this
- betting Scandal if the conservative
- party that you support was a business
- what would you be saying as chief
- exactor of the board and shareholders
- about the kind of performance you've
- 8:01
- seen in the last few weeks well if three
- quarters of the people who have been
- politicians in the last 10 years have
- done what they' done as public limited
- company directors they'd be out in their
- air they might even be prosecuted we
- would not be in our jobs would rishy
- sunak be sacked for having run the
- campaign he's run no poor old rishy suak
- I've never met him I think actually he's
- a very decent man I think he's got the
- most
- awful the most awful act to to to to
- fill he has inherited a terrible
- terrible terrible bag load of stuff and
- I think he's a decent man trying to do a
- decent job well it whether it's enough
- and whether people will cut him enough
- slack I don't know but I do actually
- feel for him some of his predecessors I
- cannot say the same about but I mean has
- he got what it takes to be a politician
- he might be a decent man but is he you
- know does he feel politics in the way he
- needs to well you have to ask the
- question the other way are you inspired
- by what's the alternative what are you
- well I'm I I must say I was a little bit
- surprised last night to here you know
- 9:01
- the defense of Corbin by by K starma or
- not the defense so much but he didn't
- actually disown it and then to start
- saying well Boris Johnson was worse than
- Corin might have been why not just say
- look I did a mistake I made a mistake I
- supported the wrong man I made a mistake
- let's move on I I do have this problem
- with politicians who can't actually say
- I was wrong I misjudged it now at least
- you have to say about sunak he did say
- he was wrong about Normandy that was an
- unfortunate fortunate thing he shouldn't
- have done it but he said sorry he did
- say yes you're right about the cues in
- the National Health Service they have
- gone up before they've gone down again
- he did say that he hasn't got some other
- things right so let's have a little bit
- of honesty around now I'm just saying to
- the public when I say please vote think
- look and ask yourself you have now got
- to go through the next five years and
- actually that's going to be very
- important five years you can't vote as a
- peer but if you were it sounds like you
- would still be reluctantly backing the
- Tories whatever listen I'm a
- conservative I believe in conservative
- value I'm a Centrist I actually don't
- 10:01
- believe I don't like some of the
- right-wing Tendencies the part is now
- showing I don't like what the
- opportunity might present for some
- people to vote reform I do believe
- though in free markets I do believe in
- in low taxation I do believe that people
- should be rewarded for hard work I do
- believe people should have the right to
- be able to live their lives I am a bit
- upset is probably a good word to use
- about the fact that I for some reason
- because I'm a certain age and I'm still
- working that I'm not regarded as a
- working person because the implication
- is because I'm an working person and
- I've got a little bit of leather on my
- shoes I'm going to get taxed higher but
- why not say so all right um well you
- talked there about the sort of you you
- know the word you used I think was
- Centrist but um how important is it do
- you think that the next conservative
- leader because people are already
- jostling for the leadership how
- important is it that that person is a
- one nation compassionate conservative
- words you've used very recently I think
- it's vitally important but I'm not
- hopeful that will emerge in short order
- 11:00
- if the conservatives don't win this
- election and they then go to another
- leadership listen we've had five leaders
- that would have been in five
- years KY bade does she impress you or
- two rightwing well she said in the paper
- this morning on some article I read that
- there's nothing much left about her if
- she meant left or left I'm not sure but
- if
- it's either way either way you're not
- convinced well I know I'm I'm afraid I
- don't sit on the right of the party I'm
- not party member but I do not sit there
- I am very much a compassionate
- conservative I hope that's a phrase
- that's not too oldfashioned I think
- that's what conservative has stood for
- for a long time I think that's what the
- British public believed in so if Nigel
- farage ended up as leader of the party
- you couldn't still sit on the Tory
- benches then I would leave the country
- really right okay but if it's someone
- from the right short of Nigel farage
- you'll try and rebuild and make it work
- well listen I'm not a fully paid up
- supporter of the conservative party you
- know know if you look I I have had
- 12:01
- difficulties in supporting some of the
- policies that the party's put forward in
- the last year or two it has been a
- difficult one for me to swallow but at
- the end of the day yet I haven't passed
- the point of no return well just finally
- on that point then um s Jim ratliffe
- who's the chemicals Tycoon who was at
- the time CEO Summit just yesterday he
- said it was time for a change saying
- that sir Kama wasn't a quote a
- straightforward decent man do you agree
- with that
- sentiment I I honestly can't answer the
- question because I don't know I've never
- met K starma but I'm slightly skeptical
- about what uh what Jim ractive might say
- because he was a fully paid up bre te
- okay well Lord Stuart Rose thank you
- very much for coming on the program um
- always great to hear from you
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