16/12/2015 The Papers

could pull off a shock after defeating Dagenham Redbridge, that

is in Sportsday in 15 minutes. Redbridge, that is in

Sportsday in 15 minutes. Hello and welcome to our look at

what will be in the papers tomorrow morning. I am joined by Liam

Halligan, economic scum and Tait for the Telegraph and broadcaster Penny

Smith. The front pages starting with the Financial Times. -- economic is

commentator. And this is the front there we go. Let's start with penny.

What has happened to your wrist? The big news. This will be in the papers

in the day after. This is why the Federal Reserve has raised rates. I

broke my wrist skiing. As I keep on being told by everybody, it is a

ridiculous pass time. When you face a very skivvy slope with 2 very thin

bits of slippy stuff, it is ludicrous. It was grabber that I

drank, I was in the Dolomites. Very brave of you. And with him on my

elbows side. Careful... There is a chivalrous gap. Let's start with the

Financial Times. And historic gamble, is a Greeley? It's been a

long time coming. -- is it really? Viewers will remember in the

aftermath of the collapse of Liman Brothers, interest rates were cut

around the world, the US and the UK cut interest rates effectively to

0%, almost 10 years ago, that was when we had a rates rise, interest

rates reached a low level in the States in December 2008, some papers

have the headline wrong, I am sure they will get it right for the 2nd

edition. The problem is for the markets, had the Federal Reserve not

raised rates, the most important central Bank the world, they have

been talking about it for so long and have tried on 2 or 3 occasions,

there have been tapered tantrums for the markets rebelled and the

response to this has been has been relative calm so far, the Dow Jones

has rallied... But somebody has complained about it. Saying it's

going to hit hard-working families. Someone has complained. There is

also an issue about what it means for us in Britain. Other be a

knock-on effect? And the other thing is it's about savers versus

borrowers and the point is savers of which includes the vast percentage,

pensioners are doing quite well and heard to the generation rent or

whatever you want to call those people who are under 30. The thing

is if you are a saver, you have been penalised... Absolutely... For

savings so people will say more than a quarter percent would be really

good. For many years in the western world we have had negative real

interest rates. We still have that in the UK. The Federal Reserve has

raised rates from below to real terms 0%, whatever market

commentators tell you, monetary and in the United States is still

astonishingly loose. Just less loose than it was. The important meeting

in Brussels... Saying that Germany and Angela Merkel will not back

David Cameron on benefit curbs for migrants scuppering his package of

EU reforms. Unfortunately, we knew this was going to happen, we knew he

was not going to be able to go there and say I want this, this and this

and they would say... OK, we want you so much, let's do it. We knew

this would happen and how many people can genuinely be surprised by

this, really? The only surprise in thing possibly is John Major saying

let's stop flirting with the EU exit even then, that's not surprising.

Outside there are rise in interest rates, and penny's am... It has been

an important day of European diplomacy. Have missed that story.

An EU summit in Brussels tomorrow, a lot of spin in the papers today,

David Cameron making it 1 of his conditions of the UK or hen backing

a vote for the UK to stay in the EU that in e-fits are curbed for

migrants and Toby had been here for 4 years. A lot of Eastern European

countries say that won't happen, German saying that won't happen and

this intervention from John Major saying it would be dangerous to

flirt with leaving the EU. Moving to the Independent, talking about

Europe but the refugee crisis. That says Sister Marie want back benefit

curbs for migrants but its Syrian refugees, there is an opinion poll

which suggests that only 20% of Britons would be able to offer a

refugee is spare room which is the 2nd lowest proportion of the 14

countries that were surveyed. David Cameron will argue tomorrow in

Brussels that the UK has delivered, it is on course to deliver on its

pledge to accept 20,000 Syrian migrants by 2020, are original

pledge after the summer crisis and he will say we will have settled

1000 Syrian migrants by Christmas. Let's rattled through the other

papers. The Guardian saying, interesting, banned weapons for sale

on Amazon, things like pepper spray guns. This is staggering. Some of

the statistics on these... Or actually incredible. There is...

Test purchases... Good 1-handed glasses move. Did you see that? She

was practising up. Right... There is a pistol that fires a jet of

high-strength pepper spray at 112 miles an hour... I presume an M

means a baseball cap containing a Hedwall stabbing knuckle-dusters in

the peak, they say all 3 are legal but you can still buy them and when

they came the packages were declared on the paperwork is an LED

flashlight and a toy part and the price... It is peaky blinders in our

time. A clever story by the Guardian. A lot of people sitting at

home doing their Christmas shopping, wondering what they can buy on the

web and all they have done is simply trawled Amazon and found what they

could buy, some of these allegedly illegal goods... These are all

illegal... Shipped directly from the Amazon Centre in the UK. They will

be selling light Sabre is next on but rings is neatly onto Star Wars,

it had its premiere tonight, getting amazing reviews, 5-star reviews in a

lot of the papers. Are you a Star Wars fan? I saw the 1st 1, I quite

fancy Harrison Ford, what can I say? Do you still? You told me you liked

Chewbacca. I do like chest hair, and especially when it's continued over

the entire body. This review on the front page of the Guardian, I had no

idea what it meant. I won't bother reading it, because it's just

incomprehensible. I don't think you need to know what it means, just

enjoy the film. A little nub of news, the European premiere of Star

Wars, the force awakens. It could have been the Federal Reserve

awakens... In Leicester Square. Pandemonium, stars they are... To

reddish actors... -- British actors. Daisy Ridley who will burst into a

Click consciousness for the rest of our natural lives and John Boyle

Yeager. Promoting the franchise. -- Boyega. Well done, John, research a

lovely photograph. And Mr Moody himself... Manager-mac... Apparently

he is said, all the speculation he might get the boot but he is said,

but do not lose on Saturday is the message. When I was younger was a

joke, what is blue and sliced on the table? Chelsea and that has come

back into speculation. Flirting, using the words of Juan Martin del

Potro, flirting with the relegation zone, losing 2- 1 to Leicester, they

are the surprise team. There has been an emergency board meeting,

apparently at Stamford Bridge. Ayew a fan? No. If he loses at

Sunderland, the word is he will lose his job. You quite like him, he is a

bit of a dish. Yes, he is a bit of a dish, but he can still afford a

rather nice cold. Really? Is that a nice cold? It is the way he has got

his hands in his pockets. Apparently if he gets fired he will get a

?10,000,000 payoff so he can afford a nice raincoat in the future. Thank

you very much to both of you. We will see you at 11:30 PM. Coming

up...