with nick clegg we sat in the cabinet room together, we took difficult decisions together. nick, i defend all of the decisions we took and i think you'll sort of pick and mix -- >> no. i remember vividly when your party wanted to cut spending for schools at the beginning of the

mungering tonight0l from nick clegg and david cameron.red you're going to kick them out. david cameron wants to double the cuts in spending next year. at home you've got to make a decision. is that really a balanced plan. i think that would put at risk the nhs. it's much better to have a fair plan that says those are the broadest shoulders should bear the biggest burden. >> thank you. now to bennett. >> there's two issues covered here. one is the issue of the debt. it's worth saying about over the last 100 yearsp, britain ran a higher debt to gdp ratio and nobody worried about it. but the question you have to ask is why are you borrowing. if you're borrowing the build the new council and homes for social rent that we need you know you're going to get a return far into the future. your end right to buy that asset is there for the future generations. the second point about the nature of the cuts. this has been borne overwhelmingly by the most vulnerable in this society. the bedroom tax, two thirds of the households affected by thatp have at

. >> over the last -- >> thank you, nick clegg. >> i have to say with nick clegg we sat in the cabinet room together, we took difficult decisions together. nick, i defend all of the decisions we took and i think you'll sort of pick and mix -- >> no. i remember vividly when your party wanted to cut spending for schools at the beginning of the last parliament and i said no. because you don't make society fairer by cutting the money that goes to nurseries colleges and schools. >> i think they're both blaming each other and they're both right, julie. the thing i would say to david cameron is of course his scares about free schools are wrong. we do not want a system in the future which has unqualified teachers, 17,000 unqualified teachers in our schools. but there's a bigger issue because rebecca, who asked the question, was asking about young people going into the world today. and you've heard david cameron and nick clegg defend a system which ensures that young people leave university with 44,000 pounds' worth of debt. he didn't have to leave school with 44 pounds' worth of debt. nor did

host: i want to bring in nick clegg. g: the answer is to raise the minimum wage which is what we are doing now faster than before and to train workers with apprenticeships. the farage family are foreigners. i'm married to a foreigner, you are married to a foreigner. stop bad immigration but -- farage: how? the question is how you control immigration as an eu member. be honest with people, we can't. clegg: the freedom to move around the european union should not be the same as the freedom to claim. farage:the whole problem is you seem to imply that every person who is foreign is a menace farage:. farage: the truth is that there is nothing we can do. miliband: david cameron said earlier that work pays in our country. rubbish. there are millions of people watching at home tonight that are going out and working all day and can't meet their -- and can't feed their families. if work is insecure, if work doesn't pay properly, then you don't get the security that working people need. i say that we should work with those exploitat

nick clegg, liberal democrats. nigel farage of the u.k. independence party. ed miliband, labor. leanne would the party wales. nicola sturgeon of the scottish national party. and david cameron for the conservatives. [applause] our questions are going to focus on some of the big political issues that we are all care about and affect everyday life. you can get analysis online i going to our website. if you want to comment, the twitter tag is #leadersdebate. natalie: you were told austerity and inequality were inevitable.

the leaders are natalie bennett nick clegg nigel berridge of the u.k. independent pardon, edward miliband, nicholas sturgeon of the scottish national party, and david cameron for the conservatives. [applause] our questions will focus on the big political issues we all caps off and effect every day life. you can get instant analysis is going to our website. if you want to comment it is #leaders debate. the order in which they go have been decided. first, natalie bennett, your opening statement.

julie: nick clegg. nick: it is all about balance. that is why i think you should be faced -- you should not be faced with david cameron's plan. 50 billion pounds of cuts, or borrowing too much. ed miliband to borrow more than is necessary. it is a balance. it does mean we need to reduce spending but we need to make the ones with the broadest shoulders to balance the books. do it fairly, also put money into public services. especially the nhs, which does need more money because we have an aging population. the liberal democrat plan is simple, we will cut less than conservatives, and borrow less than labor. >> we have a plan that is working. we have taken 3 million of the lowest paid people out of tax. what is absolutely crucial here is recognizing that our plan involves balance. we will invest in nhs every year, as we have done every year under parliament. we are going to find savings in one out of every 100 pounds. we need to do that for two more years. the alternative to that plan is actually putting up taxes. if we go back to the w

julie: nick clegg. nick: it is all about balance. why i think you should be faced -- you should not be faced with david cameron's plan. 50 billion pounds of cuts, or borrowing too much. ed miliband to borrow more than is necessary. it is a balance. it does mean we need to reduce spending but we need to make the ones with the broadest shoulders to balance the books. do it fairly, also put money into public services. especially the nhs, which does need more money because we have an aging population. the liberal democrat plan is simple, we will cut less than conservatives, and borrow less than labor. >> we have a plan that is working. we have taken 3 million of the lowest paid people out of tax. what is absolutely crucial here is recognizing that our plan involves balance. we will invest in nhs every year, as we have done every year under parliament. we are going to find savings in one out of every 100 pounds. we need to do that for two more years. the alternative to that plan is actually putting up taxes. if we go back to the waste and

party leader nick clegg is speaking now. let's listen in.cision made us take the decisions with compassion and a sense of fairness. your decision meant that instead of a conservative government chasing off to the extremes you have the liberal democrats to keep the government stable and anchored firmly in the center ground. but the truth is i could be stood right here in front of you today in very different circumstances. five years ago, when you gave no party the right to govern on their own, when you gave the liberal democrats the chance to join the government for the first time in generations we could have ignored you. we could have left the conservative party without a majority in parliament to deal with an economy on the brink of collapse. we could have watched them fail. we could have stood by as the economy went under and people lost their jobs. we could have watched the conservatives, make the poorest in society pay the price. i could have stood in front of you today on platforms like this and criticized them for it. but the liberal d

the debate took place without david cameron or nick clegg. a poll conducted after the debate showed labor leader ed miliband coming out on top. the world's biggest food maker reported first-quarter revenue growth that exceeded analyst estimates. nestle saw growth rise 4.4% thanks to improved european sales. the company still faces a slowdown in china and is looking to rebound its frozen food business in america. still i had, the death of tv dinners. we will look at nestle's lien sales in the u.s.. at 9:30, we have the jobs data in the u.s. we will talk to the man behind headphones and speakers. stay with us. we are just getting started. ♪ francine: welcome back to "the pulse" live on bloomberg tv and radio. christine lagarde says she won't let greece skip out on its next debt payment. she spoke to bloomberg in d.c. she also spoke about the divergence of developed countries versus emerging markets. >> two options. the new reality could be the new mediocre. if policymakers, finance, and governors of central banks do not actually address the ris

clegg: the answer is we are raising the minimum wage. he said let's remember history. i am married to a foreigner -- let's be openhearted. >> should we control it? that is the question. [applause] nickld we control it? >> stop that immigration but don't paint everyone with the same brush. >> how do you control immigration as an eu member? be honest people. we cannot. tell them the truth. mr. clegg: the freedom to move around should not be the same as the freedom to claim. nick: it is irrelevant. >> it is about the mood in -- movement of people. >> you seem to imply anyone who is foreign who comes to this country is a menace. >> we must remain spirited. >> you won't admit the truth. there is nothing we can do. mr. milliband: david cameron said earlier that work pays in our country. rubbish. work doesn't pay in our country. there are so many people -- millions of people -- they cannot feed their family, make ends meet at the and of the month. if work is insecure, doesn't pay properly, you don't get the security that working people need. i say we should deal with those. it is a crucial part of this immigration debate. you have to create security for the working families of britain and

mark: a fellow name nick clegg. he is your version of joe biden. john cleese: he's very young.only 17. and he's done terribly well as deputy prime minister. i think he is very likable. and i think he is actually a very smart guy. that is the party or support. so i would say that, wouldn't i? i'm going to go on the bus with him on wednesday, the day before the election, just to say to people, i think this is the one. mark: what is the difference -- thumbnail between scotch irish and people from wales? john cleese: scott ands and irish large, ginger hairy. from wales short, dark and bowlegged. very easy to spot. mark: what about in terms of their temperament? john cleese: the temperaments they are all celts, meaning they are not proper englishman. and they are excitable. kerry johnson of monty python is a typical celt. john: that raises another interesting question and a more existential one, what is wales? john cleese: whales are large mammals that swim around in the north atlantic. what is your question? what is wales? john: many americans are confused about what wales is. john

david cameron -- no david cameron, no nick clegg. you get different reasons for that. there was an opposition leaders debate. that did include ed miliband of the labour party. he has the most chance of becoming a prime minister. the focus was the relationship between miliband and nicola sturgeon. how closely with they want to work together? they labour party has ruled out a coalition with the s and p -- the snp. the door has been open for some type of cooperation. >> tell me is it the case you would rather see david cameron go back then work with thesn snp. [applause] >> the difference is i thought tori all my life. unlike the snp.. we end up with a live them. you fought labor all your life. >> we fought to take david cameron off. do not turn your back on it. anna: the willingness, the aim, the goal to kick david cameron out of downey street. he did not hear much about the long-term economic plan and the economy. jericho i did catch -- jon: i did catch some of it. there is an unemployment number out today. the estimate is 5.6%. that should be a number that matches. tha

we know who david cameron is and nick clegg, and ed miliband.terms of putting them all on the same stage, is the biggest change here going to be that people actually know who is the leader? we know who nigel farage is, but there are people on the stage who most people won't be familiar with. >> this is going to be interesting on many levels, partially because of the inclusion of so many people. the inclusion of the snp leader, it all adds to the element of this debate. i'm sure there are people who don't know who these leaders are. this is their chance to showcase who they are. francine: richard, how difficult is it for someone to connect with the people at this moment? 35 days until the election. psychologically, if i'm one of those people, do i have to be friendly aggressive, or is it just being themselves? richard: i think the biggest thing that is missing for most of these people is being authentic. we are seeing so many people being polished and trying to act in a way which is not who they are. we see that a lot with david cameron. it is lo

from the liberal democrat party, the leader of the liberal democrats, would you welcome nick clegg. [ applause ] and mr. clegg the first question comes from darren metcalfe, please. darren metcalfe. >> nick. >> hi, darren. >> how are you? your promise on student loans has destroyed your reputation. why would we ever believe anything else you say? [ applause ] >> nice easy way to start. look, firstly, i got it wrong. i said sorry. musically, no less. when you make a mistake in politics just as in life in politics just as in life sometimes you can't do exactly what you want. i was absolutely between a rock and a hard place five years ago on that particular policy. secondly, i hope you can at least give me credit for the many, many other things that i have actually put into practice, whether it's taking lots of people on low pay out of paying any income tax. the biggest expansion of apprenticeships this country's ever seen. the biggest reform of our pension system in a generation. more money into schools to help with the education of disadvantaged children. more childcare. shared parenta

prime minister david cameron and nick clegg did not take part.rers tried to convince voters he is prime minister material. >> let's not pretend there is no difference between me and david cameron. there is a huge difference between me and david cameron. just the three things mentioned and so many other things besides. the real danger in this country is if a re-elected david cameron who doubled spending cuts falling living standard and threat to national health service. that's a big close this election. >> i don't say -- >> i don't say there is no difference between nied and dav cameron. there is not a big enough difference between ed and david cameron. >> the uk independence party leader got a mild scolding from the bbc moderators. >> there seems to be a total lack of comprehension on this panel and this audience which is a remarkable audience even by the left wing standard of the bbc. believe me. >> hang on a second. >> hang on a second. >> let me just say one thing. this is an audience carefully chosen, not by the bbc, not by the bbc, but by an

the leaders are natalie bennett nick clegg nigel berridge of the u.k. independent pardon, edward miliband, nicholas sturgeon of the scottish national party, and david cameron for the conservatives. [applause] our questions will focus on the big political issues we all caps off and effect every day life. you can get instant analysis is going to our website. if you want to comment it is #leaders debate. the order in which they go have been decided. first, natalie bennett, your opening statement. natalie: oh -- biggest -- big bonuses were inevitable. they were not. you all deserve better. let's put principles and values first. that is why i got into politics. the dream party is determined to not take the workers pay for the errors of the bankers. we're committed to returning to the founding principles, no private money going into private coffers. we know we must take real action on climate change. the biggest threat a thing as all. other parties trade in fear. fear of immigrants, demonizing people on benefits. but to build a decent, humane society we start

a week for the general election, david cameron, nick clegg ed miliband face questions and a special tvlevision program. caroline: you can join us on the conversation on twitter. let us know what you think of the show, what you are thinking about the run-up to the election. do let us know your views. trending at the moment, it is all about the big fight that is coming up on saturday, not to mention the u.s. gdp. mark: just tweeting out ryan's status the day -- stat of the day. i'm tweeting it right now. manus: coming up the fed says it may raise rates later this year. the bank of japan keeps dry. we talk about central banks and more. ♪ caroline: welcome back. breaking news -- air france results. it appears that we are beating in terms of sales, but they are posting once again a loss. 417 million euro loss looking at the earnings. estimates were for 411 million. this is a company they set by pilots strikes in france. they said the talks are ongoing with the union, but they are being eaten into in terms of profits. as a company that doesn't fair that will buy oil prices, they actively hed

you are missing david cameron and nick clegg.n ed miliband, the main opposition party, he did not talk so much about the economy, but talked more broadly about foreign policy and about what it means for the british person voting on the election. >> i believe that britain can do so much better. not a penny of our plan is paid for through borrowing. we will have more doctors and nurses paid for by a mansion tax on properties worth over 2 million pounds. we will clamp down on the tax avoidance and we will freeze your energy bills through 2017. >> they are lying about borrowing more money, is what one of the opposition leaders was alluding to. tom: mr. cameron tweeting out yesterday, giving a major shout out to christine lagarde. is there validity to the idea that christine lagarde thinks david cameron saves the u.k. economy? >> the imf has been a supporter of some of the measures put in place by the coalition government over the last few years. things are pretty rosy at 5.6% unemployment compared to 12% unemployment in italy. it is

svenja o'donnell: described as this election's nick clegg. it is a mixed bag.gaining strength since the referendum. their membership has more than tripled since scotland voted to stay in the u.k. and he did extremely well in the debates. and in a walk about the next day. manus: it is presidential. svenja o'donnell: absolutely. she is a very good campaigner. she is a very good politician from labour is the party they can take as many as 50 seats from their current six. and that would be labour's presence. manus: always great to get your input. we will see you. [laughter] svenja o'donnell our politics reportedly mark: part chart. it is after the break -- our politics reporter. -- mark: it is time for bart chart. ♪ mark: time for bart chart. is the paneled suffering pre-election blues? with a month to go until the election, what a better time to look at sterling's performance for it shows volatility in the pound against the dollar. it is a measure of future price swings. last tuesday, look at the green circle. volatility rish a 3.5 year high. barely six weeks ago,