Ed Miliband: tough on parasites

In an interview with the Daily Telegraph, the Labour leader talks about reforming capitalism - and practises a little pest control.

Today's Daily Telegraph carries an interview with Ed Miliband, written by former editor Charles Moore. In it, the Labour leader expands on one of the themes he explored in the New Statesman last week: his plan to "remake capitalism".

He tells Moore:

'I am now much clearer than I was two years ago about the depth of change we need. . . Tony and Gordon were products of their historical circumstances.’ They had to break with the past, but in the process, New Labour became too credulous about business: 'The consensus around regulation ['light touch’] turned out to be really problematic.’ The project became 'too easy and accepting’ about globalisation: 'It’s just not true that all the top CEOs will leave the country unless we pay them whatever they demand’.

The interview picks up on some concrete policy proposals: there is a "strong case" for making takeovers more difficult, and ordinary employees should be represented on the committees which decide executive pay. Miliband also believes that there are too few banks and that the "big six" energy companies have a stranglehold on supply. He adds that wealth is created by "the private sector working with the government. We shouldn't be ashamed of wanting an industrial policy".

Miliband is careful to reassure Telegraph readers that a top 50% tax rate is the limit for him and that it's fine to be rich "if you make it the hard way".

He also manages to swat a mosquito which has settled on Charles Moore's shoulder:

With a commanding show of decision, Mr Miliband squashes it, spattering its remarkably copious blood over my light grey suit. So that’s how he deals with capitalist parasites.

Perhaps he's been taking tips from Barack Obama:

 

Ed Miliband: "It's just not true that CEOs will leave unless we pay them whatever they demand". Photo: Getty

Helen Lewis is deputy editor of the New Statesman. She has presented BBC Radio 4’s Week in Westminster and is a regular panellist on BBC1’s Sunday Politics.

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David Cameron softens stance: UK to accept "thousands" more Syrian refugees

Days after saying "taking more and more" refugees isn't the solution, the Prime Minister announces that Britain will accept "thousands" more Syrian refugees.

David Cameron has announced that the UK will house "thousands" more Syrian refugees, in response to Europe's worsening refugee crisis.

He said:

"We have already accepted around 5,000 Syrians and we have introduced a specific resettlement scheme, alongside those we already have, to help those Syrian refugees particularly at risk.

"As I said earlier this week, we will accept thousands more under these existing schemes and we keep them under review.

"And given the scale of the crisis and the suffering of the people, today I can announce that we will do more - providing resettlement for thousands more Syrian refugees."

Days after reiterating the government's stance that "taking more and more" refugees won't help the situation, the Prime Minister appears to have softened his stance.

His latest assertion that Britain will act with "our head and our heart" by allowing more refugees into the country comes after photos of a drowned Syrian toddler intensified calls for the UK to show more compassion towards the record number of people desperately trying to reach Europe. In reaction to the photos, he commented that, "as a father I felt deeply moved".

But as the BBC's James Landale points out, this move doesn't represent a fundamental change in Cameron's position. While public and political pressure has forced the PM's hand to fulfil a moral obligation, he still doesn't believe opening the borders into Europe, or establishing quotas, would help. He also hasn't set a specific target for the number of refugees Britain will receive.

 

Anoosh Chakelian is deputy web editor at the New Statesman.

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