mr. miliband: the banks were underregulated. let me just put this out -- david, when you are as leader of the opposition, you are think the banks were overregulated. we will not take lecturs from you about the global financial crisis. [applause] the government did not spend enough, do not taxing of. young people suffered the most. host: ed miliband, thank you. natalie bennett. ms. bennett: i think we were talking about education, so perhaps we can go there. particularly the point david cameron raised about free schools. we have a system with the academies of the former government that were based on competition, that schools compete with each other and fight with each other. the green party does not believe that should be foundation of schooling. we want to bring free school and economy back under local authority control and cooperative. we need a system that is not focused on exams, an exam factory that shows children into exam after exam. they need a education for life a broader education that includes things like first aid coo

mr. miliband: the banks were underregulated.just put this out -- david, when you are as leader of the opposition, you are thinrregulated. we will not take lecturs from you about the global financial crisis. [applause] the government did not spend enough, do not taxing of. young people suffered the most. host: ed miliband, thank you. natalie bennett. ms. bennett: i think we were talking about education, so perhaps we can go there. particularly the point david cameron raised about free schools. we have a system with the academies of the former government that were based on competition, that schools compete with each other and fight with each other. the green party does not believe that should be foundation of schooling. we want to bring free school and economy back under local authority control and cooperative. we need a system that is not focused on exams, an exam factory that shows children into exam after exam. they need a education for life a broader education that includes things like first aid cooking, sex and relationship e

ed miliband. mr. milliband: i would change labor approach on immigration because i don't get his prejudice to worry about immigration. i want to explain how we will deal with these concerns. if i am elected, we put in place new rules which say it you come to this country, you want get benefits for at least the first two years. we will also stop the undercutting of wages and conditions that happens so often. employers exploiting migrant labor, not hang the minimum wage, recruiting only from a broad to undercut wages. we have to deal with it and if i am prime minister are, i will. if you want a party that will cut britain off from the rest of the world, that is not me. i believe we have to play our role in the world. if you want a party with control and immigration, that is what i offer. host: thank you very much. ms. wood: this will not go along with the scapegoating of migrants. it was not immigrants who caused this economic crisis it was bankers. we should not allow the rhetoric that blames immigrant

mr. miliband. >> hello, elizabeth. >> five years ago the outgoing labor treasury minister left a message, there's no money left. how can we trust the labor party with the uk economy? >> we just saw it by the way, because -- >> david cameron had it in his pocket. >> it's his regular prop. let me directly address you, elizabeth. there was a global financial crisis. there was a high def sit. that deficit hasn't been cleared. it will be the mission of my government to cut the deficit every year and balance the books. let me tell you how i'm going to do it. first of all, we'll have fair taxes. we'll reverse david cam ro's tax cut for the richest in our society, millionaires. i can't justify a 43,000 pound tax cut for every millionaire in britain. secondly, we'll protect key areas like health and education but outside those key areas there will be falls in spending because we have to get the deficit down. the final thing concerns your living standard. we see living standards fall over this parliament. as

mr. miliband with all of his wisdom would like this to disappear? you think he doesn't know about it? a statement has come how he is going to implement it is going to be seen. knowing whatever i know about him, i am sure that the way i am looking at it to see that the importance always remains, he will also think carefully and get it analyzed properly by his experts. manus: you can catch the full interview online from 9:00 a.m. in london. caroline: let's check some of our other top stories. jordan spieth in the second youngest champion of the masters tournament. his 18 under part total gave him a four shot victory and matched tiger's record. foreign ministers from russia, ukraine, germany met in berlin to discuss the fragile cease-fire agreement. both ukraine and russia accuse each other of violating the accord. experts say easing economic sanctions depends on full compliance. the u.k. canceler -- chancellor george osborne laid out the plan to ease the threshold. >> conservative report is basic human instinct to provide for your children and we believe the home that you paid for to be

mr. miliband, with all his wisdom, would like this to disappear? you think he doesn't know about it? statement has come. how he is going to implement it is to be watched and seen. and knowing what ever i know about him, i'm sure the way i'm looking at it to see that london's importance always remains, he will always think carefully, get it analyzed properly by his experts, and see what is best. guy: if you were in his shoes, would you change it? gopichand: it is a good question. i would like to analyze by having dom and non-dom, what is the difference it is making in the treasury? once i'm able to analyze that, and if i think there is a big difference, yes. but in my calculation, at the moment, there are 6000 people who are non-dom, who are paying. i would go after non-dom who may not be paying to see how in other ways i should be able to increase the revenue. guy: quite a way to spend your saturday morning, sitting down with him. francine: at his house. guy: house is probably understating it. at his terrace, which has a great view overlooking the parade. francine: if you had that am

mr. miliband live if that program. we'll see you in a couple of minutes. ♪ >> $70 billion.energy industry for at least a decade. playing poker with putin. frequent flyer freak out. which airport makes travelers lose their cool the most? good morning. this is "bloomberg surveillance." we are live from new york city. i'm olivia sterns with brendan greeley. tom keene is actually off today. brendan: he took a vacation. i am impressed. olivia: let's get to the job headlines. brendan: it is the biggest deal in the oil and gas industry in a decade. it represents a premium of 50% on bg's closing price. >> the way we would look at it is that if you look at the combination of the two companies, what we could do with the assets that bg