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news review with South West LibDem MEP Sir Graham Watson who is based in Langport Somerset. Stories covered: Cyprus – it’s natural gas resources and loans from Moscow; Graham discusses his role in the EU, the European Arrest Warrant, and other EU issues; voxpop by Marina Morris on the European Union – Graham Watson mentions positive achievements of the EU – the Euro, economic collapse, Economists Milton Friedman, former member of the Bank of England’s Monetary Policy Committee (MPC) David Blanchflower’s article reminding us of what his colleagues explained after the 2010 election, George Osborne’s austerity cannot and will not work. The 1986 Big Bang; parties celebrating Mrs Thatcher’s death; voxpop by Marina Morris about Maggie Thatcher and further discussion; Sheffield Hallam University report on welfare cuts – £19 billion a year out of the economy, the north hit worse; Association of Chief Police Officers (ACPO) police now failing to confirm who they are arresting based on ‘Leveson recommendations’ citing Chris Jefferies case where he was then accused of the murder of Jo Yeates. However Avon & Somerset police are being sued by Jefferies for wrongly arresting him and possibly briefing the press that he was the murderer. Police state being ushered in? Severn Barrage and bankruptcies of two founders; KPMG face audit inquiry over the failure of HBOS bank having failed to spot £47bn of losses in the company’s accounts in successive audits; Lord Berkeley tables private members bill calling for the annual £18.3m Prince Charles’ 120,000 acre Duchy of Cornwall estate to be given to Cornwall residents.