Latest / Best of Business / Enda Brady: UK correspondent on Sarah Ferguson's companies winding down following latest Epstein release
Transcript
- 0:09Speaker 1: You're listening to a podcast from News Talks. It'd be
- 0:12Speaker 1: follow this and our wide range of podcasts now on iHeartRadio.
- 0:16Speaker 2: Hey Hea, the New Zealand's capital. She will actually be
- 0:19Speaker 2: Sydney harsh. But you know we're all coming around to
- 0:21Speaker 2: this idea, aren't we. Thirteen away from seven Indo Brady
- 0:24Speaker 2: UK correspondence with us.
- 0:25Speaker 3: Hello Enda, Hello Heather. I'm chuckling what I think to
- 0:30Speaker 3: text in my gosh.
- 0:31Speaker 2: I know it's the opposite. Do you know what's happening
- 0:33Speaker 2: in New Zealand and you'll enjoy this. It's the opposite
- 0:35Speaker 2: of declaring independence. We're actually trying to get Australia to
- 0:39Speaker 2: absorb us so we can basically peggyback on their economic
- 0:42Speaker 2: success story.
- 0:44Speaker 3: Well we had that with the English but it was
- 0:46Speaker 3: the other way around. Everything we had they took.
- 0:48Speaker 2: This is true.
- 0:49Speaker 1: This is true.
- 0:50Speaker 2: I hear you now, Sarah ferguson the six companies getting
- 0:53Speaker 2: wound up? Are they?
- 0:55Speaker 3: Yes? So this is big news one half of England's
- 0:59Speaker 3: happiest divorced couple, as she calls her and Andrew. Yes.
- 1:03Speaker 3: Newspapers today have it that there are six companies, all
- 1:06Speaker 3: with the director, as Sarah Ferguson which are being wound down,
- 1:10Speaker 3: so as over the end of next week they will
- 1:12Speaker 3: be struck off. Companies House Register of all businesses in London.
- 1:17Speaker 3: It's not really clear what any of them do and
- 1:19Speaker 3: all one is connected to p R, one is connected
- 1:21Speaker 3: to retail, but the other four it's all a bit flimsy. Look.
- 1:25Speaker 3: The woman has struggled with huge debt problems her whole life,
- 1:29Speaker 3: and the latest tranche of the Epstein emails we see
- 1:32Speaker 3: how desperate she was from money, emailing him while he
- 1:35Speaker 3: was in prison, you know, complaining about everything financial, how
- 1:39Speaker 3: worried she was, how stressed and exhausted she was. She
- 1:42Speaker 3: actually emailed the convicted pedophile in prison to tell him
- 1:44Speaker 3: that she was exhausted with stress. You couldn't make it up.
- 1:47Speaker 2: Yeah, Now, how is it that the telegraph I see
- 1:51Speaker 2: is crowing that the other ones who've basically formed forced
- 1:53Speaker 2: Kiah Stama to abandon the plans to cancel the council elections.
- 1:57Speaker 3: Is this right? No, it's Nigel Farage who has done this.
- 2:00Speaker 3: So Reform UK put in a legal case against the
- 2:04Speaker 3: government the backdrop to all of this, and it does
- 2:06Speaker 3: look bad for Starmar. They wanted to postpone some council
- 2:10Speaker 3: elections in about thirty areas. Now they're due to happen
- 2:12Speaker 3: in May, and some of these councils are going to
- 2:16Speaker 3: be restructured, some of them are going to be collapsed
- 2:19Speaker 3: and squeezed into other council areas, and council leaders were saying, well,
- 2:23Speaker 3: we don't to go through the expense of hosting elections
- 2:25Speaker 3: if this council is not going to exist in eighteen
- 2:28Speaker 3: months time, and Starmer agreed. Now, the suspicion was he
- 2:31Speaker 3: agreed very quickly because the polling is absolutely terrible for
- 2:34Speaker 3: labor out there at the moment, and he knows that
- 2:37Speaker 3: if labor get a pasting in May, he'll be gone
- 2:39Speaker 3: in June. So he said, let's postpone these elections then
- 2:43Speaker 3: for a couple of years and see what the structure
- 2:45Speaker 3: looks like. But ultimately it was Nigel Farage and Reform
- 2:48Speaker 3: who put in a legal challenge. It was due to
- 2:51Speaker 3: go to court this week and the government's lawyer came
- 2:54Speaker 3: back with the advice saying you just need to hold
- 2:56Speaker 3: your hands up and abandon these plans because they're actually right, yeah,
- 3:00Speaker 3: quite right.
- 3:00Speaker 2: Now, what is up with this eight hundred million dollar
- 3:03Speaker 2: payment to the EU.
- 3:05Speaker 3: Yes, so Britain famously no longer a member of the
- 3:08Speaker 3: Uuropean Union. However, Starmer went to the Munich Security Conference
- 3:12Speaker 3: and clearly there's a lot of business to be done
- 3:14Speaker 3: in Ukraine in terms of an arms fund. So the
- 3:17Speaker 3: European Union is looking to put together somewhere in the
- 3:20Speaker 3: region of about five billion dollars worth of an arms
- 3:22Speaker 3: fund for basically keeping Ukraine fighting, keeping everything going, and
- 3:26Speaker 3: stopping Russia taking the whole country. And Britain has a
- 3:30Speaker 3: lot of defense companies, so Brussels is saying to London, Yep,
- 3:34Speaker 3: if you want into this fund, you're not part of
- 3:36Speaker 3: the European Union. Bi'll have to pay just short of
- 3:39Speaker 3: eight hundred million dollars to get access to it, and
- 3:42Speaker 3: then we will start offering new contracts. So yeah, the
- 3:45Speaker 3: kind of thing Britain would not have had to pay
- 3:47Speaker 3: for if it had stayed in the European Union.
- 3:49Speaker 2: Interesting, Inda, thank you as always appreciate it. We'll talk
- 3:51Speaker 2: to you in a couple of days aboute Into Brady,
- 3:53Speaker 2: UK correspondent, Hither, I'm happy to pay a toll on
- 3:57Speaker 2: new roads roads, but on the proviso that the roads
- 3:59Speaker 2: are built by a foreign company. Their works twenty four
- 4:01Speaker 2: to seven recorts not Monday to Friday seven am to
- 4:05Speaker 2: three pm, and it has a contracted finished date with
- 4:07Speaker 2: penalty for late delivery and over budget. Anything done in
- 4:10Speaker 2: New Zealand is overpriced and underdelivered. G's jewels. Honestly, if
- 4:13Speaker 2: we could get people to just work like a full day,
- 4:15Speaker 2: the full shift, I think we'd all pay a little
- 4:18Speaker 2: bit for that, wouldn't we.
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