what's going— chancellor nigel lawson. what's tetnt en— chancellor nigel lawson.ld me that he spends 85% of his working time on compliance and governance . on compliance and governance. and there's so many rules , there and there's so many rules, there are so many regulations . the are so many regulations. the world has become fixate about money laundering. and of course , don't forget, some of the biggest banks have been fined billions of pounds for their involvement in helping probably unwittingly drug cartel sales in mexico, particularly , and the mexico, particularly, and the overregulation . this over overregulation. this over compliance . it means that banks compliance. it means that banks have become afraid of their own shadow, in fact, afraid of their own customers. yeah, but that would suggest that they it's the regulation around the transfer of money which is causing these bank accounts to be closed. and as nigel has been at— bank accounts to be closed. and as nigel has been at pains- as nigel has been at pains to netnt— as nigel has been at pains to net

and so nigel lawson's peps.granddaughter was being treated with the same scrutiny as an african dictator. i mean, the whole thing is mad, but it came to us. norman lamont, through an eu directive . and here we are eu directive. and here we are seven years after brexit. it plenty of people i know in the house of lords and their families have affected. why families have been affected. why don't government something? >> well, i think government >> well, i think the government are issue . there's are alert to this issue. there's been of pressure. lot of been a lot of pressure. a lot of people in the house of lords are very discontent vented about it. and there's been a lot of complaint in debates. the complaint in debates. and the government of andrew griffiths confirmed you that he confirmed today to you that he was confirming this. so i think it's partly that. but i come back to the first point, this absurd business, the bank has got values as they confirmed in their analysis, that you have not been, they said, as

and so nigel lawson's peps.anddaughter was being treated with the same scrutiny as an african dictator. i mean, the whole thing is mad, but it came to us. norman lamont, through an eu directive . and here we are eu directive. and here we are seven years after brexit. it plenty of people i know in the house of lords and their families have affected. why families have been affected. why don't families have been affected. why dont do something? >> well, i think the government are issue . there's are alert to this issue. there's been of pressure. lot of been a lot of pressure. a lot of people in the house of lords are very discontent vented about it. and been a lot of and there's been a lot of complaint in debates. the complaint in debates. and the government of andrew griffiths confirmed you that he confirmed today to you that he was confirming this. so i think it's partly that. but i come back to the first point, this absurd business, the bank has got values as they confirmed in their analysis, that you have not b

a his father, was nigel lawson.stinct wished former conservative chancellor who of course, was arch brexiteer . course, was an arch brexiteer. and some people would argue as a climate change denier. i mean, this is unbelievable. >> whole thing is >> it is the whole thing is utterly disgraceful . all i have utterly disgraceful. all i have to say, think nigel was was to say, i think nigel was was composed, is absolutely furious. >> if you ever known him. this ci'oss. >> cross. >> i've never known him so angry, actually as over this. i mean, you know, he has taken some abuse in his time, but this is utterly unbelievable. and as he said, he cannot open a bank account in the united kingdom. there are other ways through what they call you can't function without a bank account anymore. without a bank account. and actually not just and but it's actually not just about it's about so many about him. it's about so many other people, small business owners, who've also had their accounts closed , wondering why. accounts closed,

religion like that, it makes it har it was nigel lawson famously >> it was nigel lawson famously whenwe've got to a national was national religion. there was the evidence yesterday, demonstration of that yesterday and treat that, and when you treat it like that, it very hard to then it makes it very hard to then tackle because it tackle the problems because it becomes know, we it becomes this, you know, we it becomes this, you know, we it becomes emotion. >> it does. >> it does. >> it does. rather >> it does. rather than a practical of what is practical assessment of what is wrong service how wrong with this service and how do it. and i think do we fix it. and i think obviously the waiting list is a big part. it's one of the key pledges, one of the five pledges made minister that made by the prime minister that he dunng made by the prime minister that he during his he will tackle during his premiership. i mean, premiership. but i mean, they are that this are admitting that this is this is not going to be an easy one to tackle. >> and by deifying sam, you know, by deifying the national

. >> there was a dossier made on nigel farage all that that nigel lawson's granddaughter was barred aank account and she's got down syndrome, 16 years old and it was because of her grandfather either a former chancellor of the exchequer, you know, nigel lawson, the late nigel lawson, who was an arch brexiteer and also seen as a climate change denier, ken clarke told the house of lords he was lost his amex bank account as did michael forsyth, two tories on completely different sides of the aisle. >> jeremy hunt for heaven's sake, the chancellor have denied an online bank account because these banks decide they don't like. i don't they like like. i don't think they like the much. stanley the tories very much. stanley well, mean, i, i hear what well, i mean, i, i hear what you're saying and i'm, i'm struck dumb. >> if i was struck dumb, i should be struck down. >> not today. >> not today. >> i am struck down because it's actually all new to me now. i really i really say to myself the biggest error of judgement these banks have made and this bank has made is actually tackling nigel farage

pitt the younger had the sinking fund and nigel lawson had the secretary credit, but never secretarybut never mind few. mind very few. >> then the time he made >> then at the time he made these promises, i thought, this man's these these these man's bonkers. these these these are not i thought , man's bonkers. these these these are not i thought, i'm not sure he can keep any those he can keep any of those promises. maybe the nhs promises. i mean, maybe the nhs waiting times he could and it doesn't look like he's going to keep those now. or at least the turnaround is now predicted. what sort of spring of next year? mean, of the other year? i mean, all of the other ones, it seemed to me six months ago were far too ambitious. i mean, stop the boats. i mean , a mean, stop the boats. i mean, a more sensible, a more experienced i think one of the problems sunak has, he's not actually a politician for actually been a politician for very long. only been very long. he's only been a politician. well, an mp since, what, 2015? that's eight years. and he wasn't in politics. he was he was doing th

lawson's down's syndrome daughter here was banned from a bank account because her grandfather was nigel lawson point. >> we ought to draw the line in the right. >> no, no, no. draw the lines in a different way. draw the lines that connect that. what we are seeing surely is as as we indeed saw over the environment , what saw over the environment, what we've seeing a deliberate we've been seeing a deliberate use of all of these devices is to seek to limit freedom of speech and discourse. we're seeing all the time saying and indeed introducing this even into the heart of the economy, which is where you cross the line. >> david. >> david. >> well, but it is it is a height of a folly to take an external. it is utterly arbitrary. milton friedman discusses this with absolute precision . the only duty of precision. the only duty of a company should be within the law to operate according to its shareholders profit. if it does that, it will do good. now, look, let's go backwards to an age when there was real sensitivity about the duties of capitalism. let's go back to the 19 century. let's look at compa

even the times rney-ve— nigel lawson. even the times rney-ve-u— nigel lawson., which is part— cute with nigel farage, which is ban of— cute with nigel farage, which is part of natwest,— cute with nigel farage, which is part of natwest, which is still partly— part of natwest, which is still bunby embe— part of natwest, which is still partly state owned. i think, unen— partly state owned. i think, which-still— partly state owned. i think, which still state which is still partly state owned — which is still partly state. owned. _news which is still partly state- owned. _ news viewers owned. but look, gb news viewers and owned. but look, gb news viewers umb bberenere— owned. but look, gb news viewers and listeners sign— owned. but look, gb news viewers and listeners sign our petition . ee— and listeners sign our petition . be re— and listeners sign our petition . be be en— and listeners sign our petition . g0 to gb news— and listeners sign our petition . g0 to gb news dot- and listeners sign our petition . go to gb news dot com forward slash cash dash. you can do t

nigel lawson's people.that she was a pep, but in my case, this is very different. this is absolutely clear discrimination on on the grounds of my views and my views are perfectly lawful, legal and by the way, majority. yes majority views in in this country. and so this has turned into a very big battle. but it's not a battle just about me. it's about the way the banks have been behaving. >> yeah, about the way >> yeah, it's about the way the banks behaving, banks have been behaving, i would argue it's would argue as well. it's a battle everybody, frankly. battle for everybody, frankly. and into battle for and you going into battle for those people? >> think it is. and >> well, i think it is. and patrick, refinitiv patrick, here's why. refinitiv who who who? one of the big who won? who who? one of the big global credit agencies, your name on there . all of our name is on there. all of our names are on there. where names are on there. that's where banks to get credit checks to banks go to get credit checks to

nigel lawson once save the nhs. we had to a national religion was that the nhs, you know, well , actually some religions are very wrong and i think that the model that we have for the nhs is actually wrong today . when it is actually wrong today. when it was conceived 75 years ago, it was conceived 75 years ago, it was probably right. it was a post—war thing and also we had a much smaller population . things much smaller population. things have changed, died earlier, we died earlier , for example. died earlier, for example. things have changed. we have to look at other ways of funding the nhs and how we do procurement in the nhs. and one example of that is that during lockdown , um, all the procured lockdown, um, all the procured and all the disseminate version of, of ppe equipment had to be done by the nhs. the private sector was completely cut out. >> yeah. okay. well interesting. >> yeah. okay. well interesting. >> derek, thank you very much indeed. clare and derek going to be back in 40 minutes time. so let's br

, a former— her grandfather, nigel lawson, a former-chancellor.- her grandfather, nigel lawson, a former i hhhh— one thing after another. and i hhhh weoh— one thing after another. and i think, yeah, it's— one thing after another. and i think, yeah, it's very likely hhoh— think, yeah, it's very likely hhoh-he— think, yeah, it's very likely that-le-will. think, yeah, it's very likelyj that-le-will be think, yeah, it's very likely- that-le-will be able that marine le pen will be able to that marine le pen will be able ho hehehh— that marine le pen will be able to benefit from _ that marine le pen will be able to benefit from .in- to benefit from this in a massive way— to benefit from this in a massive way because she's promhsho— massive way because she's promising government and promising strong government and an promising strong government and on ohh— promising strong government and on ohh ho— promising strong government and on ohh ho hhe— promising strong government and an end to the rioting and the hhohee— an end to the rioting and the disorder. and— an end to the rioting and the disorde

i go back to your introduction that it's as nigel lawson famously said, the closest thing we have tourch, a national religion . established church, a national religion. i'd put established church, a national religion . i'd put that actually religion. i'd put that actually more positively . it makes it more positively. it makes it sound almost that's a negative comment. i actually think the national health service is a key expression of values that the vast majority of people in this country share in dorse and think are important . and what we need are important. and what we need to do is to ask ourselves, as tony blair was saying rightly , tony blair was saying rightly, the difficult questions about it's easy enough to make the speech. it's easy enough to make the speech . i've done it hundreds of speech. i've done it hundreds of times . it's speech. i've done it hundreds of times. it's easy enough to make the speech about the values of the speech about the values of the national health service . we the national health service. we have ensure that we deliver have to ensure that we de

. >> because it was lawson >> because it was nigel lawson who said it's the who famously said it's thenal religion. and is national religion. and that is the and all politicians the point. and all politicians are reforming are scared to death of reforming the don't want you to hear >> i don't want you to hear without getting your opinions on other edwards other topics. huw edwards carole malone we malone two words that we couldn't the beginning of couldn't say at the beginning of this and boy, we're this week. and boy, we're relieved to be able to say them and get in trouble the and not get in trouble on the telly. now do you make of telly. now what do you make of it but, you know, i'm kind it all? but, you know, i'm kind of surprised today at the direction this appears to direction this story appears to be in, because we're be heading in, because we're heanng be heading in, because we're hearing people, people hearing lots of people, people like was one of like john sopel, who was one of edward's friends, edward's best friends, castigating people, faux pas criticise castigating people

doesn't give him much of a chance when i think i obviously was thinking quite a lot recently of nigel lawsonds , forwards, all backwards, forwards, sideways. it didn't mean he got everything right, but what it meant was he had the assurance to take on his civil servants . to take on his civil servants. and there are times in the treasury where you simply got to take them on. and when you think what he did , taking down the top what he did, taking down the top rate of tax at a stroke , you rate of tax at a stroke, you recall that happy phrase from 60% to 40% and getting more money. the first year it was 40% that he got. the last year it was 60. that requires a boldness. but be knowledge and confidence based on years of having been involved in the financial sector. and sunak just doesn't have that. and nor does hunt well, i was thinking wouldn't the tories then be better off if jeremy hunt were prime minister and sunak prime minister and rishi sunak was still chancellor? well better suited to those jobs. i think one can look the answer is, is there a compelling reason to vote conservative, whe