Browse content similar to 16/04/2014. Check below for episodes and series from the same categories and more!
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news from the Commonwealth games, as Scotland named their diving and | :00:00. | :00:00. | |
swimming squad. Cricket from the IPL as well. That is with me in 15 | :00:00. | :00:14. | |
minutes after macro `` after The Papers. Hello and welcome to our | :00:15. | :00:19. | |
look ahead to what the the papers will be bringing us tomorrow. With | :00:20. | :00:26. | |
me are Kiran Stacey, political correspondent at The Financial Times | :00:27. | :00:28. | |
and the political journalist and blogger Susie Boniface, aka the | :00:29. | :00:36. | |
Fleet Street Fox. I am a Liverpool fan! Tomorrow's front pages. | :00:37. | :00:44. | |
Starting with the Independent. The picture shows relatives waiting for | :00:45. | :00:47. | |
news of loved ones following the South Korean ferry sinking. It | :00:48. | :00:51. | |
carries news of a breakthrough in cancer treatments. That is the top | :00:52. | :00:56. | |
story in the express, including a photograph of Angelina Jolie saying | :00:57. | :01:02. | |
that she will give up acting. The news that Britain should be | :01:03. | :01:05. | |
unashamedly evangelical about its question faith, according to David | :01:06. | :01:11. | |
Cameron. This is the headline on the front of the Metro with a picture of | :01:12. | :01:15. | |
the ferry that sunk off the coast of South Korea. The mail is claiming | :01:16. | :01:19. | |
that one in 16 patients pick up a bug in what they call" filthy | :01:20. | :01:24. | |
hospitals" . The Times claims that pro` Russian militia in Ukraine are | :01:25. | :01:29. | |
being directed by Army intelligence agencies. The Financial Times says | :01:30. | :01:34. | |
that corporations are lobbying governments not to impose sanctions | :01:35. | :01:38. | |
against Russia, in fear of a retaliation that could affect | :01:39. | :01:41. | |
profitability. Let's start again, Kiran Stacey, with the times. The | :01:42. | :01:47. | |
story that has dominated the news agenda today. It probably will for | :01:48. | :01:56. | |
the next few days. There are a few bodies that are still to emerge from | :01:57. | :02:01. | |
this wreckage and South Korea. We are getting messages from some of | :02:02. | :02:05. | |
the people who were on board. The Metro, which we may see later, has a | :02:06. | :02:10. | |
heartbreaking one from one of the teenagers on board, saying that I | :02:11. | :02:13. | |
love you, I think we are going to die. What can you say? It is a | :02:14. | :02:19. | |
tragedy. There will be questions to be asked, why were people told to | :02:20. | :02:25. | |
stay still? Why could no one get out of the situation? Why did sink so | :02:26. | :02:30. | |
fast? Was it safe? At the moment I think they will spend the next few | :02:31. | :02:34. | |
days trying to fish bodies out of the sea. Obviously, as time goes on, | :02:35. | :02:39. | |
the chances of finding survivors, there may be at pockets and some | :02:40. | :02:42. | |
have survived for lengthy periods of time after this kind of disaster. | :02:43. | :02:49. | |
But the hope is really fading fast. I feel sorry for those pictures we | :02:50. | :02:54. | |
have seen of parents on the dockside, they are waiting for | :02:55. | :02:57. | |
lifeboats to come in and see if their children happen to be one of | :02:58. | :03:02. | |
the lucky ones on their own not. To stand there and wait and not know | :03:03. | :03:07. | |
and not able to do anything. It is so far away out at sea, you cannot | :03:08. | :03:11. | |
look yourself, you have to stand there and be terrified. The mind | :03:12. | :03:14. | |
boggles at how you would feel. Staying with The Times, the | :03:15. | :03:18. | |
recovery, that brings great rises closer. It is all good news? It is | :03:19. | :03:27. | |
great, and Unicorns are skipping down the high street as well! Stop | :03:28. | :03:34. | |
it! The cost of living crisis, per se, it has come to a formal end. | :03:35. | :03:40. | |
Wages are rising, at the same rate as inflation now. If you strip out | :03:41. | :03:45. | |
people on bonuses, that is not only bankers, but banking clerks, | :03:46. | :03:50. | |
salesmen, those earning commission, bonuses are not only in investment | :03:51. | :03:54. | |
banks. If you strip out those, the basic wages are still below the rate | :03:55. | :04:00. | |
of inflation. It is not amazing. In the public sector it is even lower, | :04:01. | :04:07. | |
you are the least important people in the country, as far as the | :04:08. | :04:11. | |
government is concerned, and it does not include people going into | :04:12. | :04:15. | |
self`employment. Two years ago I took redundancy, and I run my own | :04:16. | :04:20. | |
company. I am properly the Tory dream, but pay less tax than I used | :04:21. | :04:25. | |
to. I don't pay as much national insurance, I am not doing what I was | :04:26. | :04:30. | |
when I was an unemployed member of staff. Why is Ed Miliband the | :04:31. | :04:36. | |
Shildon to win the next election? ``shoo`in. A journalist wrote that | :04:37. | :04:44. | |
they have run out of corner. The whole election, the drum that they | :04:45. | :04:49. | |
were built in, the cost of living crisis, this is a nightmare. It | :04:50. | :04:52. | |
was, but plainly, it was going to come to an end at some point. It now | :04:53. | :04:56. | |
seems to have come to an end before the election, what will they now | :04:57. | :05:00. | |
argue about? They will talk about the attacks on the poor, or the | :05:01. | :05:06. | |
disabled, or the bedroom tax. They cannot keep going on about it... It | :05:07. | :05:11. | |
is not only the fact that the economy is improving and doing well, | :05:12. | :05:17. | |
people are doing better... No? That is Labour 's problem, Labour came in | :05:18. | :05:22. | |
and said the cuts were going to completely grind the economy to a | :05:23. | :05:27. | |
halt. That happened for a while. Growth started to pick up. They said | :05:28. | :05:30. | |
it was not great that was the problem but employment. Jobs began | :05:31. | :05:33. | |
coming back, it was not employment that was the problem, but people 's | :05:34. | :05:37. | |
wages are not rising in line with inflation. And now that is starting | :05:38. | :05:41. | |
to happen... Where do they go? They have a very good case to say that | :05:42. | :05:46. | |
energy bills are still high, train fares are still high... But as | :05:47. | :06:04. | |
people feel more optimistic, they think things are going to get better | :06:05. | :06:07. | |
in future, and they are less likely to think that Labour are going to be | :06:08. | :06:10. | |
the party for them. There is no big amazing policy saying that we can | :06:11. | :06:13. | |
clean up politics, and own career politicians. There is no big idea | :06:14. | :06:15. | |
that we are not the other guy. `` and end career politicians. They can | :06:16. | :06:19. | |
try and coast through and be part of a Coalition. Or something. I think | :06:20. | :06:27. | |
there are some valid things they could say but it is difficult to get | :06:28. | :06:31. | |
across. No they are not, they have to say that those running the | :06:32. | :06:39. | |
country are busy. You can say that the economy is improving but look at | :06:40. | :06:44. | |
how the society has changed. Look how we are treating the most | :06:45. | :06:47. | |
honourable and poorest. Child poverty. That is what this election | :06:48. | :06:52. | |
is about... `` vulnerable. These are not big economic changes which is | :06:53. | :06:55. | |
what people want from Labour. You could say, for example, we have | :06:56. | :06:59. | |
growth now, but look at what it would cost you. It's huge amount of | :07:00. | :07:05. | |
money. That would be an economically viable thing to say. It is difficult | :07:06. | :07:10. | |
to get that across. Or, they could say, that what has started to happen | :07:11. | :07:13. | |
in the last few months is that the government started spending again. | :07:14. | :07:17. | |
Not a lot of people realise that the government spending has increased | :07:18. | :07:22. | |
overall. You are starting to see the worst of the cuts coming off. What | :07:23. | :07:26. | |
you had at the beginning is tax rises. That stalled the economy. | :07:27. | :07:34. | |
Once they started being stopped, or reversed, the economy began to pick | :07:35. | :07:39. | |
up. Labour could say that. They do not want to give the government the | :07:40. | :07:45. | |
credit of the economy picking up. Labour will find it difficult. | :07:46. | :07:49. | |
Except for the fact everything is in their favour. They just have to wait | :07:50. | :07:55. | |
for the majority. The electoral mouth could help out. This is your | :07:56. | :07:59. | |
story, Kiran Stacey, I hope it is a good one up! Business frustrates | :08:00. | :08:09. | |
sanctions push? This will not surprise people. We are seeing | :08:10. | :08:13. | |
Russia pushing further into Ukraine. `` I hope it is a good one! In the | :08:14. | :08:21. | |
last few days we have seen pro` Russian forces, we are pretty sure | :08:22. | :08:29. | |
they are Russian forces, in Donetsk. In government buildings. We have | :08:30. | :08:33. | |
seen pictures of tanks rolling down streets, with people in camouflage | :08:34. | :08:37. | |
and holding Russian flags. The Kremlin and Moscow will claim they | :08:38. | :08:40. | |
are pro` Russian forces in Ukraine, as if they have somehow got tanks in | :08:41. | :08:46. | |
their back garden in Ukraine when this happens. It is clearly Russian | :08:47. | :08:50. | |
orchestrated. What do we do about it? So far, almost nothing. When | :08:51. | :08:55. | |
Russian troops cross the border, we will go into phase three of | :08:56. | :08:59. | |
sanctions, that means big trade economic sanctions. It means a big | :09:00. | :09:05. | |
frown! The people who are really worried by the multinational | :09:06. | :09:09. | |
companies. They say if you do this, Russia will punish us. BP has a 23% | :09:10. | :09:20. | |
holding in a Russian company. What happens if we put harsh sanctions on | :09:21. | :09:25. | |
the Russians, they can turn round and freeze that holding. BP is among | :09:26. | :09:30. | |
a group of Western companies lobbying hard for us not to go in. | :09:31. | :09:35. | |
It looks like they could win. We have in punitive action being taken. | :09:36. | :09:41. | |
It seems like it is big business that runs the world? Yes, | :09:42. | :09:46. | |
basically. Go figure. Human rights, and staying in your own borders, and | :09:47. | :09:51. | |
being pleasant to your neighbours. International law. Democracy, all of | :09:52. | :09:54. | |
that stuff, no, because of money. That is it. That is the rule. | :09:55. | :10:00. | |
Russia, China, a few other people, they can get together and roll | :10:01. | :10:05. | |
across Europe and the West Hemisphere and BP, it is OK, we have | :10:06. | :10:11. | |
investment in them. Do not worry your little heads! Is that, | :10:12. | :10:19. | |
fundamentally, it? Yes. If you ask a minister, they would make one of two | :10:20. | :10:22. | |
points. British companies are at risk, smaller companies, . You have | :10:23. | :10:30. | |
companies who supply the big ones. Smaller companies. That feeds into | :10:31. | :10:35. | |
Susie 's point? If he goes into Latvia and Estonia and Ukraine, | :10:36. | :10:39. | |
everyone else along European edge, there will be little people who are | :10:40. | :10:45. | |
seriously affected. The other question... The rule of | :10:46. | :10:48. | |
international law, that is free important. True, but the other | :10:49. | :10:51. | |
problem is, would anything we do have much of an effect? What we | :10:52. | :10:56. | |
could do that would have an effect would be to go after Russian | :10:57. | :11:00. | |
oligarchs here. Who Vladimir Putin relies on a lot. The is... No, we | :11:01. | :11:08. | |
are not. `` the problem is. They could sue and it would stand up in | :11:09. | :11:12. | |
court. They would say they have nothing to do with the Ukrainian | :11:13. | :11:15. | |
problems. The government thinks there is not a lot we could do that | :11:16. | :11:19. | |
would be effective. They will do a few things. We have slapped acid | :11:20. | :11:27. | |
freezes and travel bans on people. `` asset. Next, we will try not | :11:28. | :11:33. | |
inviting them to Christmas! What about the Financial Times. This is | :11:34. | :11:36. | |
going to depress you as well! I think this is a brain tidier. New | :11:37. | :11:40. | |
Zealand research has shown that, they had a system of honours, it | :11:41. | :11:49. | |
shows in some industries, particularly in those where there is | :11:50. | :11:53. | |
less competition, if you offer the bosses of those industries honours, | :11:54. | :11:58. | |
they do not sack people. It is great. We have a few industries over | :11:59. | :12:02. | |
here that have an effective monopoly. Like energy companies and | :12:03. | :12:06. | |
train companies. If, all we have to do, it seems from this research, is | :12:07. | :12:10. | |
dangle around a few knighthoods, that will do the trick. They will | :12:11. | :12:15. | |
stop letting people off and raise prices. And behave like normal human | :12:16. | :12:19. | |
beings! Is that true? It already happens. Business people have two | :12:20. | :12:25. | |
act. Is it going to really affect strategic vision for a company? A | :12:26. | :12:37. | |
possibility they might get an OBE? There are fewer job losses if this | :12:38. | :12:40. | |
is a possibility. But wouldn't it be great if they had a bit of a whisper | :12:41. | :12:45. | |
and said look, mate, there's something in it for you. That isn't | :12:46. | :12:50. | |
all good news. There are shareholders which want companies to | :12:51. | :12:56. | |
be run efficiently. Keeping people on in a company dying on its feet is | :12:57. | :13:01. | |
not always a good thing. Pensions on Shell. Government telling workers | :13:02. | :13:08. | |
when they will die. Basically, in the Budget, it was announced | :13:09. | :13:16. | |
pensioners would be allowed to choose what they do with their | :13:17. | :13:18. | |
pension money when they retire. There was a big bottle. If people | :13:19. | :13:25. | |
live longer than expected, they might be running out of cash, not | :13:26. | :13:29. | |
getting the right advice, they can still make mistakes, and it may be | :13:30. | :13:33. | |
the state would have to bail people out. That's not great. Unfortunately | :13:34. | :13:37. | |
at the time, a government minister said we don't care if people buy a | :13:38. | :13:42. | |
Lamborghini with their pensions, that is fine. I don't recall a | :13:43. | :13:47. | |
government minister saying that. They did, I'm pretty certain. What | :13:48. | :13:51. | |
is happened is they have screwed the whole thing up. Now they have said | :13:52. | :13:58. | |
they have had an idea. It is only an idea, not necessarily definitely | :13:59. | :14:03. | |
going to happen. The idea is that when you get older, you can ask your | :14:04. | :14:08. | |
doctor to give you a predict that time of death. Your doctor will not | :14:09. | :14:14. | |
give you a proper health screen, but show you a chart for what the | :14:15. | :14:20. | |
possibility is. It is the same as looking at a chart and saying people | :14:21. | :14:24. | |
in your area are usually five foot nine. There is a huge curved, it is | :14:25. | :14:30. | |
a waste of time. A few seconds on the Daily Telegraph. The PM says | :14:31. | :14:35. | |
Britain should be unashamedly evangelical about Christianity. I | :14:36. | :14:43. | |
suspect this is a cynical ploy to win over Christian voters who feel | :14:44. | :14:48. | |
alienated. They think that food banks are rising, and he is not | :14:49. | :14:53. | |
being very Christian with regards to the poor. Also the government's | :14:54. | :14:56. | |
policies on things like gay marriage. Maybe Labour should be | :14:57. | :15:06. | |
doing this. Maybe, but I have would hope they would not. He has been | :15:07. | :15:09. | |
criticised by bishops for his policies, he is now insisting he is | :15:10. | :15:14. | |
a very Christian guy. He said that big society was Jesus' idea. I don't | :15:15. | :15:21. | |
remember Jesus at smashing restaurants and then throwing money | :15:22. | :15:29. | |
to apologise, allegedly. If he is like Jesus, we get to nail him up to | :15:30. | :15:36. | |
a tree next Friday. And on that note, in this Easter week, it has | :15:37. | :15:44. | |
been great having you on. Many thanks for that. Stay with us, | :15:45. | :15:51. | |
because much more on that disaster in South Korea. But now it is time | :15:52. | :16:05. | |
for sport. Hello and welcome to Sportsday. I'm Olly Foster, here's | :16:06. | :16:08. | |
what is coming up tonight. | :16:09. | :16:09. |