generally called in and the labor party's manifesto for this election was that we should never increase the state pension age beyond sixty six now labor introduced the age of sixty eight in its legislation in two thousand and seven we can all be full of truths correct and we can't expect younger generations to be able to fund here extra costs that we will be talking about one hundred fifty billion also ok i mean obviously you are a tory benj the minister but on a bipartisan matter although compass is a left leaning thank you also a political statement why do you say pensions policy state which is it called the compass think things as a transitional system and you know as a basic income really eight billion pounds a year plus existing means tested benefits is no one and that side of politics somebody new liberal politics thinking about this means of pension provision rather than. the way that you were thinking about all of them and the flat rate state pension was originally conceived as the idea of some kind of citizens' pension so as of right every person beyond a particular age would b

as recently as june last year, the honorable gentleman said that the visa of the labor party is not destined to become prime minister and called on him to resign. i suggest he might want to make peace with his own front bench before he starts being rude about ours. >> tomlinson. >> today's jobs figures show that we have the highest employment rate since comparable records began. we have more people in full-time employment and we are touching on the lowest youth unemployment since records began. in light of the matthew taylor review and the modern working practices, what more can be done to ensure that this record continues and that low youth unemployment continues and we rid this country of this scourge. >> my honorable friend is exactly right, specifically on the subject of youth unemployment. one of the particularly welcome figures of the consistently low and falling unemployment figures over which this government has presided is the fact that youth unemployment is now at historically low levels and lower than many other comparable economies. we will continue this not just with our moves o

actually included that within the manifesto within the labor party manifesto in the twenty seventeen election we were very happy with juxtaposed next to that action is the fact that the conservatives whether it was under the cameron government whether it's under the current to raise them a government they are simply brushing it under the carpet because they don't want to uncover the extent of that by having full disclosure on the issues well i mean that's your allegation angelina jolie's great friend the former you gave orange actually may is on the record for saying that u.k. assistance for the attack or a massacre at the golden temple in america was just in a purely advisory or if it was in a purely advisory capacity then why don't we have full disclosure you know that that will establish the extent of that because you know there are thousands of people victims who would want to know the truth you know there are millions of sikhs around the world thousands because initial death numbers five seven five understand then the hague said three thousand court in the crossfire of what actu

record on this subject as we should please june last year gentleman said that the leader of the labor party is not destined to become prime minister and he called on him to resign i suggest he might want to make peace with his own front bench before he starts being read about it like tories i'm a de facto prime minister damian green could but downplay what labor backbenchers with me alone the arcane sounding bricks a question from the westminster leader and the scottish national party does begin to give kingdom government intend some ensured to five of the scotland back to change any aspect of the devolved. what that will prove with the scottish referendum in one thousand nine hundred seventy arguably not a question about democratic accountability that is easily understood to a reason me fan in gave it a go though and de facto highlighted the s.n.p. continued support for you neo liberalism i'm so you surprised at the scottish nationalists approach in my understanding of their position is that they want the power was taken from london to edge and so they can give them back to grass i. think

the labor party is not destined to become prime minister and he called on him to resign i suggest he might want to make peace with his own fun thanks me for being rude about it like to resume the day facto prime minister damian green could but downplay what labor backbenchers will be that alone the arcane sounding bricks a question from the westminster leader on the scottish national party does the united good government intend some men should do five of the scotland back to change any aspect of the devolved company that approves of the scottish referendum in one nine hundred ninety seven arguably not a question about democratic accountability that is easily understood the reason may see an end gave it a go though and de facto highlighted the s.n.p. continued support for you neo liberalism i'm sure you surprised at the scottish nationalists approach in that my understanding of their position is that they want the power was taken from london to edge and so they can give them back to go i. i think as i understand it that's their position but perhaps their inability to explain the logic

they're laughing because the millbank tower in westminster was then the offices of tony blair's labor party i went out into the show turning thames house every morning i saw a document burning five hundred people were killed in westminster one not by a landmine it was terrifying i found out rips terrified countries rockers terrified to go into iraq or to iraq where me weep when their children well we caught up with a tireless opponent of that war in iraq and subsequent was the former first minister of scotland alex salman dizzee took a break from rehearsing in a theater here in london for his edinburgh fringe show in scotland running at the assembly rooms from the thirteenth to the twenty seventh of august before we get on to your edinburgh fringe show a link between today's one hundred year anniversary of passion dale and don't trump . yes the happens in obvious of the great war was hugely costly in terms of human life and scotland was one of the center points of that because so many scots were in the forces and volunteered for the forces and the connection with donald trump is that the on

there laughing because the millbank tower in westminster was then the offices of tony blair's labor party i went out into the show two hundred thames house every morning i saw doc land burning five hundred people killed in westminster one night landmine it was terrifying i found out rips terrified countries rockers terrified to go into iraq or to iraq where me weep when their children die well we caught up with a tireless opponent of that war in iraq and subsequent was the former first minister of scotland alex salmond as he took a break from rehearsing in a theatre here in london for his edinburgh fringe show in scotland running at the assembly rooms from the thirteenth to the twenty seventh of august before we get on to your reading befriends.

wounds will be the fact that the same research data has shown that the leader of the opposition labor party jeremy corbyn he scored a personal best he's never been more popular than he is right now and i think what the pollsters are most fascinated by is this b. which the prime minister's fall in the popularity ratings has taken place back in april when two reason may call for the snap election her personal approval ratings a massive her conservative party were all time high but she was then seemed to have waged a bit of a disaster of an election campaign she refused to take part in televised debates she did many huge social policy issues and of course the u.k. was also hit by a string of terror attacks in the run up to the general election here and and after that disastrous election result to top it all off there was also the gren fell tower disaster which a lot of people have said has become sort of two reason may's hurricane katrina moment the prime minister was forced to apologize for the government's inadequate response to the tragedy and also for the failings that led up to it happeni

now, senator wong, i want to thank you and the australian labor party for the spirit of cooperation thatou have shown over the past several years in supporting the government in passing the eight tranches of legislation of which we have built, which have been designed to make australians safe. and the point i would make to the senate is this, in none of those cases have we been reactive. in none of those cases have we been in the position after terror attack saying we have to rewrite our legislation. we have anticipated the need so as to avoid it, and as a result we have saved australian lives. with the work of this chamber, the work of the parliamentary joint committee on intelligence and security, we have achieved that together. >> senator, brandon. senator wong. >> thank you, mr. president and thank the leader for his remarks and also could he advance on how the government are working with our partners specifically with these attacks? >> thank you, senator wong. we of course have a very close partnership at every level with nations and other nations as well to confront and defeat this

now, senator wong, i want to thank you and the australian labor party for the spirit of cooperation that you have shown over the past several years in supporting the government in passing the eight tranches of legislation of which we have built, which have been designed to make australians safe. and the point i would make to the senate is this, in none of those cases have we been reactive. in none of those cases have wae been in the position after terror attack saying we have to rewrite our legislation. we have anticipated the need so as to avoid it, and as a result we have saved australian lives. with the work of this chamber, the work of the parliamentary joined committee on intelligence and security, we have achieved that together. >> senator, brandon. senator wong. >> thank you, mr. president and thank the leader for his remarks and also could he advance on how the government are working with our partners specifically with these attacks? >> thank you, senator wong. we of course have a very close partnership at every level with like minded nations and other nations as well to confront

there laughing because the millbank tower in westminster was then the offices of tony blair's labor party i went out into the sheltered thames house every morning i saw doc land burning five hundred people killed in westminster one night by a landmine it was terrifying i found out groups terrified on trees rockers terrified to go into iraq or to iraq where me weep when their children die well we caught up with a tireless opponent of that war in iraq and subsequent was the former first minister of scotland alex salmond as he took a break from rehearsing in a theatre here in london for his edinburgh fringe show in scotland running at the assembly rooms from the thirteenth to the twenty seventh of august before we get on to your edinburgh fringe show a link between today's one hundred year anniversary of passion dale and dole trump . yes the link that happens obvious of the great war was hugely costly in terms of human life and scotland was one of the center points of that because so many schools were in the forces and volunteered for the forces and the connection with donald trump is that t

the labour party should go further, the leader of the opposition vowed to deal with students at. labor can't be trusted on student fees. >> the lack of job security. and empathy for millions of workers and secure work, and six jobs centered to back off of the staff in my constituency where unemployment is twice the national average. >> i start by welcoming the honorable gentlemen. what is happening in scotland, dwb is ensuring, the best advantage and as a result of what is happening, no service is going to be cut. people using job centers will be harmed in future. what matters is provided to people attending those job -- show less text 00:24:3>> thank . our own armed forces put themselves in challenging situations. they support them, i welcome the launch of the fence people's mental health. tell the house how to coordinate this with international allies, i issue her well-deserved break. >> the issue is an important one. across the house we recognize the importance of ensuring we are providing support to those in our services and our veterans. i welcome the new strategy for mental healt

gives money to al-qaeda linked white helmets in syria something the jeremy corbyn leader of the labor party has yet to acknowledge let alone this week's massive orders or collateral damage by the us coalition. twenty four hours since the national institute for health and care excellence released a report on the dangers of air pollution levels in the u.k. have green industries become a sigh of relief or last gust for control is renewable energy. organic food was new liberalized in the fight for corporate dominance joining me now is professor of business history at the harvard business school jeffrey jones author of profits and sustainability the history of green or jupiter ship as donald trump wraps up his energy week to promote fossil fuels jeffrey welcome to going underground so within hours of doldrums saying he was getting out of the paris climate deal he began to be attacked by big business leaders some of them environmental there was a little north why should business leaders have more say than workers in the midwest of america about how multinational businesses operate in their sustai

did speak louder than words always do it that it was a very cool room was elected leader of the labor party who i mean he lost his leads you can't bail or should say with his first interviews on this show he's appointed what could one could consider blairites. when you think of the new you know you would oblige and verse three days when some of these people are on the record voting on war after war in libya against in the best occasions into the iraq war. what do you think about these choices or does corbett have no choice and has to work with that side of the board i think that jeremy corbyn is different or that he can't provide a political party that is one that is going to be really powerful force against a conservative and the government and you know we can look at the people and say the most requests of all and you know i'm sure many would and i'm sure the be judged on the. their appointments are important because many of them have a lot of experience and we need right now to create as much division in the tory party as possible so that we can go on and we can form a government that tr

political choice what the government is doing but i have to say that is not just tory and is the labor party who are leading the social clubs and all around the country especially in london so yes they are the fifth richest country in the world it so that there is no way they can't have any money for housing what they wanted to do to get it off to social states which we are seeing that you know the education everything is getting privatized that is the last things they can do a park and get rid of the council housing but what is they don't know we people party for our existence so there is no way nothing can stop us. we still. have to fight because i want to homes you know what i'm going to do if they're going to move me around there so they're going to need me money probably to a nice place where i cannot pay at the end i cannot be paid they said be charitable or you know on day basis and then i will be homeless this is what they wanted and wants to do so when cleansing gets you not removed from our property and be a nice house it's part of me to people this is what me and cleansing. debbie

. >> over the past month, social media -- people putting labor party posters on my home and pushing them through my letterbox and some even urinated on my office door. a kinder, gentler policy. it may well be -- good people from serving in this place. >> my honorable friend is right to raise this issue and she was not the only person to experience this sort of intimidation, particularly, i am sorry to say intimidation experienced by female candidates during the election campaign. i believe this behavior has no place in our democracy. it could put good people off from serving in this house, we want more people to become engaged and wants to stand for elections and particularly as i stand here and see the plaque, dedicated to the late joe cox we should remember what joe said, we are more united and have far more in common with each other than the things we deny us. >> mister speaker, i welcome announcement by the crown prosecution service that we are going to prosecute 6 people in relation to hillsboro, inquiring the development, only happened because of the incredible work done by the hil

labor party leader jeremy corbyn speaks his mind on brexit.ly throwing another lifeline, and a bank ceo tells us why it will work. we look ahead to what investors can expect for the second half of the year. coming up, more top business stories. shinzo abe's party taken a beating in elections and ethics will be felt across japan. >> i do not think it is about the economy at all in this case. david: this is bloomberg. ♪ ♪ david: this is "bloomberg best." i'm david westin. let's continue our global tour of the week's top business stories in italy, where the government and eu have agreed on a new rescue plan for the troubled lender. out theank has laid five-year restructuring plan, including cutting jobs. the announcement came after the eu said the lender could receive 5.4 billion euros in state aid, but only after junior creditors have contributed to the rescue. i we at the end of the troubles? they will be clearly getting rid of a large part of the bad loans that have weighed on the capital. they are addressing the inefficiencies that have burde

if you're the party that represents popular labor interests and the interests of capital at the same time it means that when times are going well, and there's a boom, you could actually say that the pie is growing because of this business-led growth, and we're going to make sure that some of the share of this growing pie is going to workers. now when the pie is at best staying the same size or if anything is shrinking, the best of the democratic party can say from the 1970s onwards the same workers is that we're going to give you more of the pie, more of this pie than the republicans could, and also to historically oppress and marginalize groups. we'll make sure this pie is more equitably split up, so in other words they could promise social inclusion, but they now promise social inclusion without any of the economic kind of gains that went with it. even up to the great society they could offer both. could you obviously see the way in which not just white workers but whole segments of the population it feels like things have been going wrong for them. now correlate the fact that the

. >> frost: david, you're still a member of the labor party, because there is a future in british politics. >> because of what i believe in. some people join political parties because of what they believe in not as a career move. there is a danger for the u.k. in the discussion that we've just had which is we've become the country that gets talked about for its monarchy and for its weddings and funerals, and is not part of the international system. we both saw the power that the u.k. had from being part of the european union. we're meeting a year after the brexit referendum. the brexit negotiations are running into terrible trouble. i think it's important for a global audience that can now pick up this show to hear from me as an elected foreign minister, mathew as a representative of his country, that the u.k. needs to play a part in these global structures if it's to remain more than an object of friendship. it needs to be an object of partnership, and it seems to me that's at issue in serious stakes in months when brexit gets negotiated. >> frost: is the united kingdom and the united sta

bush's poodle when he went to the extent of supporting the war in iraq and really debilitated the labor partyundamental world view of macron and trump puts limits on this relationship even though clearly i think he's being designated as the bridge between this president and a europe that is dubious of many of his views of world affairs. >> many people calling the trump whisperer in europe. >> interesting perspective, panel. thank you for standing by through all that. senate republicans are unveiling their new plan to overhaul obamacare. can they pass it? can they pass it? we'll be right back. for drivers with liberty mutual won't raise your rates due to your first accident. switch and you could save $782 on home and auto insurance. call for a free quote today. liberty stands with you™. liberty mutual insurance. one laugh, and hello so i tried always discreet. i didn't think protection this thin could work. but the super absorbent core turns liquid to gel. snap! so it's out of sight... ...and out of mind. always discreet. for bladder leaks. it's my decision to make it's nbeauty last.ix. roc® r

labor laws. opposition parties, especially on the left, have vowed to fight the measure with all their power. plan to make hiring and firing more flexible is controversial. >> french president memento macron is looking to add more lawsbility to french labor . >> they will tell us it is about adapting to the globalize world. none of that is true. behind all these accusations, we find a device. -- vice. around 10%,ent is macron wants to put it below 7% which is ambitious because it has not been that close in over 40 years -- that low in over 40 years. another --mlining all of this is meant to incentivize companies. wills argue an overall only bring more jobs and to the country. to qatar, the united arab emirates cut the crisis ofing .atar airways the government has set up a special committee to pursue compensation claims against those countries. generalar's attorney says his company will be seeking payments for damages both home and abroad. receiveommittee will all claims. courts, ordistrict other parts of the world. >> time now for a check on the markets. supportsrong job helping to boost mark

the opposition labor party is two points ahead despite the infighting with the conservative party, that'sare of. guest: one of the most important statement and from tony blair. he said he accepted that if there was a general election, and he is not a fan of corbyn, that corbyn could become prime minister. the conservative party is determined to avoid a leadership hich in turn could lead to a general election because they have no confidence they would win that. anna: where do you stand on u.k. assets? that shows theic underperformance of the gilt markets. recently the bank of england hawkish commentary wade on the eighed on this. what is it your attitude toward guilt at this point? guest: let's turn away from brexit at the moment and focus on the fundamentals of the u.k.. weak, consumer consumption has slowed down. i don't see much of a rebound over the balance of this year. bea result, at best it will 1.6%. the second point is that we 3%ll have the debt of over to overcome. background by any definition is weak. background, weak have the hawkish talk from the bank of england. it will move

labor party leader's in london earlier today.e for the bloomberg business flash, a look at some of the biggest business stories in the news right now. it seems tesla will have a clear lead in the electric car race. it will surpass general motors and emerge as the standout. will be releasing its newer, more affordable model sedan at the end of the month. cutting 3000 jobs, mostly in sales outside the u.s. the organization once to better focus on selling clout software. a spokesperson said workers were being notified today. hedge point capital -- hedge fund glenn point capital has gained 17% this year. the macro fund has made most of its money from interest rates and currencies in emerging markets. the agency has turned around losses from 2015. that is your business flash update. coming up, what you need to know for tomorrow's trading day. this is bloomberg. ♪ scarlet: down, down, down for u.s. stocks, treasuries, and government bonds, the biggest decline since may. julia: german chancellor angela merkel plays host to european lead

. >> over the past month, social media -- people putting labor party posters on my home and pushing themough my letterbox and some even urinated on my office door. a