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Program Information
BCFM Drivetime
Liam Byrne’s note ‘there’s no money left’ – but Labour bailed out an international banking crisis
Weekly Program
 Bristol Broadband Co-operative  Contact Contributor
Oct. 7, 2016, 1:25 p.m.
https://politicsthisweek.wordpress.com/2016/10/07/bcfms-weekly-politics-show-presented-by-tony-gosling-50/
First hour: News review: with Labour councillor for Hartcliffe and Withywood Mark Brain. Unions; 1000 job cuts at Bristol Council – but what are reserves of £150m for? £90m Bristol Arena – delayed – auditing of Bristol Council by Grant Thorntons; Government not selling off £3.6bn Lloyds Bank shares cheaply to public anymore – selling to City; Government urged to reveal National Debt of £4.8tn In a new paper Viral Acharya of New York University, Diane Pierret of the University of Lausanne and Sascha Steffen of the University of Mannheim calculate that HSBC, Barclays, Lloyds and the Royal Bank of Scotland would need to raise $185bn (£155bn) – state pensions liabilities; 4 biggest banks need £155bn capital to withstand another crisis – Deutsche Bank, economic warfare, QE is economic bubble-making heroin; Phillip Hammond speech at Tory Party Conference – Labour’s note ‘there’s no money left’ – but Labour bailed out an international banking crisis – austerity; Hammond speech – Ed Ball’s criticism of Tory policy wrong? – pain caused by Tory cuts; Theresa May speech at Conference – good things about GB – elite paying their way; Michael Crick interviews Theresa’s husband Phillip – who has job helping people avoid tax; Theresa May’s speech – Where are the Cameroons? - What about the men who used to run the show and delivered the first Conservative majority for 23 years. Our Political Correspondent, Michael Crick, has been in search of that endangered clan - the Cameroons - consumers and workers on boards – coming after tax avoiders; Marvin Rees, Mayor of Bristol, gives his State of the City address – worried about impacts of Brexit – 5 year plan for Bristol; fracking is given go-ahead in Lancashire: Tory minister Sajid Javid grants fracking rights after receiving funds from pro-fracking interests.

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