03/02/2014 The Papers

medal prospect is out of the competition after an accident on the

snowboard course, a course which several of the competitors have

labelled as dangerous. That is all coming up after The Papers.

Welcome to our look ahead to what the papers will be bringing us

tomorrow. With me, Mina al-Oraibi, from the London based Asharq Alawsat

newspaper, and James Rampton, from the Independent. We are going to

start with the Financial Times, which is leading with a report that

fund managers based in Scotland could be facing a multi-million

pound bill to pay for a new regulator, if the Scots vote for

independence. The Daily Telegraph has the news that schools could be

encouraged to take children from as young as two to help with the

country's childcare crisis. Research has found that people are getting

more than a 10th of their daily calories from added sugar, according

to this report. The Guardian says experts have warned that alcohol and

obesity are fuelling a surge in cancer. Starting with the Daily

Telegraph, children to start school at the age of two, nursery places to

help solve childcare crisis will look it is a story which a lot of

people will be interested in, but is it the way forward? Well, it is

quite interesting. It is about how you can get mostly mothers, but also

fathers, back to work. These are really toddlers, at the age of two.

It is interesting because we have quite a few headlines regarding

educational reform and what the Government is trying to do to help

solve some of the crises. But this story refers to the fact that by the

end of this year, 40% of all two-year-olds, estimated to be

130,000 children, from poorer backgrounds, will be entitled to 15

hours of free care week. This is trying to help parents to create at

least part-time jobs. The story is very much about facts and figures of

what this means for the parents, in being able to have their kids at

school rather than nursery. It really takes a lot of the position

of the Government, which is basically to say that some of the

schools are being supported with ?1000 grants to look into how they

could do this and make sure that they are accessible for these young

children. But it is difficult to imagine a two-year-old being in a

school atmosphere. So, the Telegraph is writing it up as a good idea? The

main thrust is taking the Government's position. I mean, they

do say that there is one stay at home mother who confronted Nick

Clegg, having said that it was too much to have a full day for a

two-year-old, even in nursery. So they have given the other side as

well. It would be interesting to know what other parents might say. I

think it is interesting that childcare has become a political

football. Perhaps it is a sign of The Times, when many families are

thinking about going back to work instead of staying at home. It goes

on to say that the Government is once again ignoring the relationship

that mothers have with very young children, that is according to the

lady they interviewed. And there is a cartoon, with somebody going into

work for ten hours, saying, I do not know if my phone battery will last

that long. A ten hour day, for a two-year-old, that is an extremely

demanding position to put children in! In a way, the Government is not

exactly coercing parents, but suggesting that it might be a very

good thing, and there might well be some pressure on parents to take

that up. And would the children suffer because of it? I think it is

a really personal question. Staying with the Daily Telegraph,

environment chief admits, I have yet to visit the Somerset Levels. The

Government seems to be lurching from mistake to mistake on this one, in

the eyes of some people. Well, they are being flooded with stories! Last

year, a minister forgot his boots and got criticised for wearing shiny

shoes, and got some the citrus comments about the lack of dredging

which had taken place. And now, another PR disaster, Lord Smith

admitting that he had visited three or four times before, but not in the

last few weeks. The local MP is calling for the resignation of the

minister. He says it is the story of his entire tenure at the head of

this bloated organisation, plenty of talk and no action, as he puts it.

But the Daily Telegraph has come up with some fantastic stats. They have

found out that the agency spent nearly ?10,000 on business class

flights to attend a forest day in Durban, South Africa, to discuss the

role of trees in mitigating climate change. If that was in a Jonathan

Swift novel, you would say it was impossible. And all of this added to

the fact that you are wading through water in your front room, and you

pick up the phone to call the helpline, and you have got to pay

41p a minute! Exactly. It suggests the agency has spent nearly ?18

million on travel and subsistence, which is any credible figure. The

issue of Lord Smith visiting is, it is always a dilemma, because it can

become a photo opportunity. But if you go to try to pretend that you

are caring, are you actually making a difference?! You are damned if you

do, and damned if you don't. But maybe you should take the line, I

will take the photo Op, because at least you can be seen to be down

there. It is catastrophic what is happening in that area. Some people

have been marooned, literally, for four weeks. They cannot get

insurance, they could be wiped out by this. And the fact that he has

not been smacks to me of, let them eat cake. I am too busy in London,

defending the cities, as he said the other day. You remember when George

W Bush flew over New Orleans. They said that was the turning point in

his presidency, more than the invasion of Iraq, the fact that he

seemed to care so little about the people who had been devastated I

hurricane Katrina. I wonder if that could be the same for this

government. Moving on to the Financial Times - a warning about a

possible yes vote and the fact that a new regulator would have to be put

in place, which would cost a lot of money. Yes, and also the indications

of what it would mean for the Scottish economy, and also, those

companies which are UK companies but based in Scotland. It is an

interesting conversation, as we have less than nine months to go. It is

quite significant, because it says that firstly, it would cost millions

to do, and also, that fund managers would need to tailor their products

and services for a new tax and consumer protection regulator,

everything would change. A potential new currency! Exactly. It comes

after the statement from Mark Carney as well. I think we will see more

and more of these stories. I am sure the SNP would say that they have

looked into all of this, and yes, they understand that there is

Brobbel be good to be a financial penalty to pay. They would say that,

wouldn't they?! But it seems to me that it may not have been a full

consultation which has taken place. There is one consultant mentioned

here who said that he spoke to an American fund manager who told him

that a yes vote would be bad news for Scottish fund managers. Hundreds

of jobs would have to be created to staff the new agency, and the new

agency would then have to work in tandem with the old agency in

London. A new raft of regulation and red tape would be brought in,

creating a huge new level of bureaucracy, it is the last thing

business wants. Fund management is a big sector in Scotland. I think it

is worth ?520 billion. Scotland invented many of these things, to

clergymen in 1748 invented the assurance fund. It is a great

heritage in that country. -- two clergymen. Sticking with the

Financial Times, news about the new head of the Federal Reserve, and she

has got a tough job, to say the least? Yes, and of course, the

figures coming in today, saying that there has been a stumbling in the

markets in the US. It also says the Dow Jones has had its worst January

performance since 2009. And that is always a bad year in people's

heads, with the financial crisis. So, she comes into a very tough

position. She has for years in her new job, and this is a good photo of

her swearing the oath. She is the first woman in the job. James, the

fact is, the global economy, actually, in contrast to that in the

UK, seems to be stumbling at the moment, because of concerns about

Asia? Exactly, I believe the Dow fell 2% today. Welcome to the

pleasure dome, for this woman! It is an extremely turbulent time for the

markets. On a different note, it is amazing that it is a woman in this

role. For so long, it was seen as a bastion of the patriarch a of the

financial world. For anyone who has seen The Wolf Of Wall Street,

traditionally, a very match oh, Mail industry. It is an extremely

exciting film, but the fact that a woman is finally in charge I ink is

to refit. But she does have stormy seas ahead of her. Moving onto this

one, in the Metro... Stopped drinking those sugary drinks!

I am alarmed by this because we might be putting our health at risk.

Research is suggesting that we might have a raised risk of a heart attack

if we drink sugar through fizzy drinks because the sugar is inserted

after the event, and apparently that can be much more damaging to your

health. This was just one Canada Day. As little as one can today. --

one can per day. Sugar addiction is interesting and the impact that

sugar has. We had this with salt while ago and now we have sugar.

Clearly it not good for you. It is incredibly saying that 15%... Let me

read this. The risk of dying from cardiovascular disease notably rises

with intake of 15%, equivalent of drinking one can of fizzy drink in

the daily diet. It is quite something. It has moved from

cigarettes on to saturated fats and now it is targeting sugar. That

seems to be what they are going for now. We see the stories all the

time. I am going back to one the other great Scottish exports,

whiskey. Joking aside, the strings are often marketed at children.

There was a big campaign to take fizzy drinks machines out of schools

because there was possibly a reality and a perception that children were

drinking too much but this research backs up how dangerous they can be.

There is also fruit drinks that have added sugar. We always think of

sugary drinks, but the University of Cambridge says that sugar sweetened

drinks need to be part of the conversation. It is something that

you can eliminate from your diet. Having water with meals and so on.

Processed food, right, all manner of things, you would not expect sugar

to be in them but it is there. The hidden danger. The authorities, the

papers and The Metro are making sure the public know all about that. You

will be back in an hour to look at more stories making the headlines.

And at 11 o'clock we will have more on the education secretary's

comments today that he wants state-run schools to be more like

those in the private sector. Your local comp looking different is what

he wants. Coming up now, it is Sportsday.

Hello and welcome to Sportsday. On the way tonight: Chelsea