10/07/2014 The Papers

have all of the action from that, so a signing from Arsenal, and a record

for Rory Mackle Roy. Hello and welcome to our look

ahead to what the the papers With me are Tim Montgomerie of The

Times and Ian Birrell, contributing Tomorrow's front pages, starting

with: The FT leads on fears over one of

Portugal's biggest banks which led to a sharp sell off of shares

across European markets. getting into debt at twice the rate

of men their own age as they try The Telegraph says men that have the

vasectomy is are at a higher risk of developing prostate cancer. The

Guardian reports on the concessions the Prime Minister made in order to

secure cross`party support for emergency surveillance laws.

And the top story in the Express top story reveals

that a million more people are to be offered free weight loss surgery

in a bid to stop them developing diabetes and heart disease.

Berlin has put its foot down. The Germans are fed up, aren't they?

Before angular Merkel heads off to Brazil to watch her nation try and

put a feud goals past Argentina she is dealing with this very lies issue

with America. `` a feud. She was able to deal with this forced the

coalition with Liberal Democrats. The left are much more concerned

about this infiltration of the German system and her own party. She

is no longer quite the master of this issue that she was a year ago.

She has been forced to take tough action against America because the

German people are very unhappy. The reality of course is that all

nations spy on each other. They do not spy on us, apparently. The

transatlantic relationship is a different one. Germany probably knew

they are being spied on, but now it has been revealed they have two

respond. The fact is that the state department spokeswoman was asked

repeatedly and she had to stonewall. It is alleged spying and the

suggestion is that they have been called to rights on this. What are

they trying to get? One issue is the parliamentary enquiry where someone

is feeding information, and the other more serious is someone in the

defence Department. The danger of course is that up to now Merkel has

managed to keep a lid on the anti`American sentiment. This may

bubble things up. This comes at a time when Europe and the West needs

to be united against Putin and his aggression. The Crimea issue is

still unresolved. Germany has shown some wobbles on this, and this may

be what Putin wants, it allows him to get away with what he is doing.

This may be one of the reasons America is spying on them in the

first place. They fear that Germany may be getting too close to Russia,

and it may be useful for America to know why Germany would take a

pro`Putin stance. They can have negotiations with Merkel if they

know these things. And the gas problem, or so. Exactly. Staying

with the Times, Wonga. What we have here is the church of England and

the new Archbishop of Canterbury taking a high`profile stance about

Wonga. Now they are taking their money, the pension funds are

distancing themselves from Wonga. The question is, do you remember

when they said they would provide credit institutions so that people

in need of emergency credit would not have to go to Wonga. What

happened there? That is a great question. I am slightly concerned

about it, but the archbishop said he would put Wonga out of business. The

fact is, he said he didn't agree with payday lenders operate. It then

transpires, unbeknown to him, that the Church of England has

investments in Wonga. He then tried to get them out of the game and it

has taken this long, this was months ago. It's no doubt that it's an

embarrassing episode for him and the church that he was caught on this

when he was trying to come out with a big statement. It has taken a long

time to resolve it. There are a lot of issues about the size of church

investments and assets. Questions are raised why they don't do more

with their money instead of putting it in companies like Wonga. There

seems to be a bit of a history of the church being slow on this

issue. They had to be pushed to disinvest in Barclays. They are not

really. Comic relief got into trouble with this recently. They had

exactly the same sort of saga whereby someone confessed to one

thing and was caught doing another. A pension fund manager of the Church

of England said that figures declined. Money is not coming in

through the collection plate and if you are going to pay for the clergy

you have to invest and maximise your return. They are saying what is your

choice? Do we invest in a legal company like Wonga or do we risk not

being able to pay clergy pensions. That is a real world tension. The

Telegraph, extending pension age, the only way to clear debt. This is

the crux of problems facing our country. We have a new increasing

debt that is getting worse and the figures here are very start, saying

that in the next 50 years the people aged over 85 is going to quadruple.

That will almost double the debt in 50 years. I don't think, as a

society, the political class has began to face the implications of

this. We have had the strikes today, which have been to some extent

related to this. We have the looming NHS crisis, the looming black hole

by 2020, and how we afford things we have begun to take as a right. We

have not begun to grapple these issues of how we afford our pension

system, and our health system. Those whose were on strike today say don't

spend stupid money on other issues. Sort other issues rather than

cutting our salaries. Can we afford it. It is a fair question to ask.

How are we going to afford the NHS, because that is the big one. The

reality is that a lot of people think now the economy is growing

again that good times are around the corner. We can get the public sector

wages up again. The reality is that only half of the deficit will have

gone by the end of this. They formed the coalition based on that they

would eliminate the deficit in this Parliament. They haven't come close.

And Labour are saying they will have to maintain it as well. The thing

is, of course, they may be easiest cuts first. The harder decisions lie

ahead, which is why Ian is right. The difficult one is how do we pay

for our ageing population and the health service. The next election is

won to lose, because the party who comes to power, if they take the

right decisions in the nation's long`term interests, they could be

very unpopular. Charging for using the National Health Service. There

is a divide. The difference in opinion between the parties on these

opinions is not that different. But in the NHS, there is quite a lot of

ideological difference. Labour make a lot of noise about difference but

actually it is them that introduced a lot of it. Staying with the

Telegraph. This ties in to the previous Tory. This is the problem

facing NHS in the short`term. To put it in perspective, hundred and 88

countries studied managed to reduce the obesity rate in the past 30

years. Coming with this is a huge range of allied costs. Surgery is a

controversial thing because a lot of people take the view that why should

the state foot the bill. About 14 to ?15,000 per patient, it is by far

proved to be the most effective treatment, which is why countries

with health insurance are quite happy to pay for it, because

long`term the cost is reduced. Again, it shows this is a big issue

that we haven't begun to tackle. Should we introduce taxes on

sweets, drinks? I don't know if we can have a close up, but there is a

guy in a hospital bed with bandages around his arms and says it is

cheaper than a gastric band and stops me using a knife and fork.

Let's go to the Guardian. Cameron has rushed through the snooping law.

We know, with the liminal Liberal Democrats particularly, one of their

trite trademarks is the state having too much power to pry into our

lives. We have to ask ourselves, those who worry about the state

having these powers, why have the liberal Democrats agreed to this?

They wouldn't have agreed to this unless they really were convinced by

the security services that it was necessary. All due to a dip in the

polls. With a dip in the polls the last thing you would do is upset

your potential voters a game. They wouldn't do this unless they were

convinced the threat is real. As someone said, power corrupts. Is

there a sense here that being in power, the Liberal Democrats have

decided that this is the reality and we have to start playing power ball

`` hardball here. I think we should be naturally sceptical when

politicians stand up and go along with something that security

services want, which is effectively to privatise the collection of data

and dump it on firms like this. We should be suspicious of it. It's

good to see some extra restrictions come in, a new oversight board, and

it has a new time until 2016, but particularly as journalists we

should be suspicious. So you are sceptical of the fact that the

government announced they have to do this when PE EU change the law.

Overnight they deliver it. They steam`roll and convince all the

parties. Thank you. You will be back in half an hour. We will have much

more on the hundreds of thousands of workers who took industrial action

today over pensions and austerity cuts. Now, it is time for the sport

news. Cook serves his wicket

on a plate for India. The England captain is

out cheaply ? again. Cook serves his wicket

on a plate for India. The England captain is

out cheaply ? again.