Browse content similar to 01/07/2016. Check below for episodes and series from the same categories and more!
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Hello and welcome to our look ahead to what the papers will be | :00:14. | :00:16. | |
With me are Lucy Fisher, Senior Political Correspondent | :00:17. | :00:20. | |
at The Times and Reuters Correspondent Tom Bergin. | :00:21. | :00:37. | |
Welcome. We get on to something other than politics later. | :00:38. | :00:40. | |
Theresa May advancing for the top job at Number ten is lead | :00:41. | :00:45. | |
The i says top tories are rushing to pledge their support | :00:46. | :00:48. | |
May-mentum - is the Daily Mail's headline. | :00:49. | :00:51. | |
It says that eight cabinet ministers have come out in support for her. | :00:52. | :00:54. | |
And the Telegraph says the Brexit-eer Andrea Leadsom | :00:55. | :00:56. | |
currently poses the biggest threat to Theresa May. | :00:57. | :00:58. | |
Elsewhere in the Tory leadership battle, the Guardian says | :00:59. | :01:00. | |
Michael Gove is losing ground in the race. | :01:01. | :01:02. | |
It also shows an image of a soldier taking part in those commemorations | :01:03. | :01:05. | |
for the centenary of the Battle of the Somme. | :01:06. | :01:07. | |
The Times has a similar front page - it says Michael Gove is struggling | :01:08. | :01:11. | |
The Mirror pokes fun at Michael Gove's campaign, | :01:12. | :01:14. | |
as well as also celebrating Wales' historic victory over Belgium this | :01:15. | :01:16. | |
And the FT reports on George Osborne's decision to abandon plans | :01:17. | :01:20. | |
Before we get onto the leadership contest. The front page of the | :01:21. | :01:35. | |
Times, the main picture story. Never forgotten is the caption. 100th | :01:36. | :01:39. | |
anniversary of the start of the Battle of the Somme. The ceremony in | :01:40. | :01:48. | |
northern France. People paying their respects in the military Sema | :01:49. | :01:54. | |
-- military Cemetery. A number of events taking place. The sheer | :01:55. | :02:03. | |
number of the casualties, mind blowing. 20,000 people killed on | :02:04. | :02:08. | |
Monday, impossible to get your head around that. Two-day summit | :02:09. | :02:14. | |
haunting, very moving tributes. For me, amazing footage of children | :02:15. | :02:19. | |
throwing poppy petals into the crater. Children symbolising hope, | :02:20. | :02:24. | |
the future. Recalling the fact that some of these young men were as | :02:25. | :02:32. | |
young as 16. Very moving. 100 years, this will be an immensely important | :02:33. | :02:36. | |
event. We may never see anything like this kind of commemoration. For | :02:37. | :02:43. | |
a certain generation, it may not have the same resonance it does for | :02:44. | :02:50. | |
previous generations. My grandfather fought in the First World War, as in | :02:51. | :02:56. | |
the previous report, not always remembered in the Republic of | :02:57. | :03:00. | |
Ireland. Nice to see the sacrifices are still remembered. One hopes it | :03:01. | :03:05. | |
will continue to be the case. As time goes on, other events come to | :03:06. | :03:13. | |
the mind of people. Theresa May in the Daily Mail, backed by 88 MPs. | :03:14. | :03:17. | |
Some of these figures may not be accurate. Seven Cabinet ministers, | :03:18. | :03:23. | |
we have been told it is eight. Michael Gove struggling for support, | :03:24. | :03:24. | |
Andrea Leadsom go past him. Everybody seems | :03:25. | :03:45. | |
to be going with the same story. With the stories to date, we were | :03:46. | :03:49. | |
talking about it. Seems like it is very preoccupied with the soap opera | :03:50. | :03:53. | |
of Westminster, the backstabbing. Everybody seems to be shocked people | :03:54. | :03:58. | |
backstab each other in politics, I don't know. I am surprised people | :03:59. | :04:03. | |
are surprised. Not a lot of conversation about what difference | :04:04. | :04:07. | |
it would make if one or the other got elected. Nobody seems to discuss | :04:08. | :04:11. | |
what one would do differently in the context of the biggest issue. Which | :04:12. | :04:16. | |
is leaving the youth. How they would seek to do that. -- leaving for EU. | :04:17. | :04:30. | |
How much of a surprise will it be the Andrea Leadsom has got so much | :04:31. | :04:37. | |
backing? Very surprising, before the EU referendum that she could be | :04:38. | :04:42. | |
edging in front Michael Gove. He is tainted, the man left holding the | :04:43. | :04:47. | |
knife, after assassinating Boris. People do not want to get finding. | :04:48. | :04:54. | |
Andrea Leadsom was the break-out star of the Brexit campaign. She did | :04:55. | :05:00. | |
well. In those TV debates. She seems confident. The claims made by the | :05:01. | :05:07. | |
Leave campaign, many have backtracked. Why would it not affect | :05:08. | :05:12. | |
her chances? If it has been damaging for Michael Gove and Boris Johnson. | :05:13. | :05:18. | |
Because she was more in the background. Boris spending time on | :05:19. | :05:25. | |
the bus where this contentious claim that 350 million pounds a week | :05:26. | :05:30. | |
Brussels. Leadsom was not asked those questions, she defended Boris | :05:31. | :05:34. | |
she seemed confident in the TV debates. Not as associated in the | :05:35. | :05:42. | |
public's mind. Let's look at the marvellous hat Theresa May is | :05:43. | :05:48. | |
wearing at the Henley Regatta. Top Tories uniting around the Home | :05:49. | :05:52. | |
Secretary. Tell us a little bit about | :05:53. | :06:00. | |
the leadership contest. We have five candidates. Stephen Crabb, Liam Fox, | :06:01. | :06:10. | |
Andrea Leadsom, Michael Gove and Theresa May. Only Tory MPs can vote. | :06:11. | :06:16. | |
The person with the least number of votes goes out. Two further rounds. | :06:17. | :06:22. | |
After that the final two candidates go to the Tory party membership, | :06:23. | :06:29. | |
about 150,000 people. It is interesting, as Theresa May heads | :06:30. | :06:35. | |
for 100 Tory MPs back there, this could almost be a coronation. The | :06:36. | :06:39. | |
Conservative Party so preoccupied with power. If people think it is a | :06:40. | :06:45. | |
foregone conclusion, nobody will back another candidate on principle | :06:46. | :06:50. | |
if they have not come out. She was not very visible, part of the Remain | :06:51. | :06:54. | |
campaign. Some people are saying, we're heading out of the EU, we | :06:55. | :07:00. | |
should have someone on the Leave side. That is Michael Gove's point, | :07:01. | :07:05. | |
only someone campaigning to leave should be the person. If you are | :07:06. | :07:10. | |
looking at this from the business community, international markets, | :07:11. | :07:15. | |
people are looking for what type of approach will the winner take? The | :07:16. | :07:20. | |
view around Michael Gove, he would have pretty strong red lines, happy | :07:21. | :07:26. | |
to leave, would not do a deal on the free movement of labour. With | :07:27. | :07:31. | |
respect to him, excepting regulation, he would happily walk | :07:32. | :07:36. | |
away. People may think Theresa May may take a more pragmatic approach. | :07:37. | :07:40. | |
We don't know anything about any of them. They cannot make promises | :07:41. | :07:45. | |
about the negotiations until EU use says, we will talk to. -- de EU | :07:46. | :08:04. | |
says. We went into the vote, with nobody asked what would happen in | :08:05. | :08:08. | |
the next day. Would you trigger article 50, then negotiate? It will | :08:09. | :08:13. | |
be interesting to see, what actually happens, in terms of the candidate, | :08:14. | :08:22. | |
who will make compromises? The basic decisions, very far apart, will you | :08:23. | :08:28. | |
accept regulations? The outcome is somewhat binary. Unless there is a | :08:29. | :08:34. | |
massive compromises? I think what he say is right. Of course the Brexit | :08:35. | :08:39. | |
negotiations are a key part of the next number of years. Probably about | :08:40. | :08:44. | |
a decade or so. Very interested to see Michael Gove's launch speech, he | :08:45. | :08:51. | |
cast himself as a radical reformer. Let's build on the green belt, | :08:52. | :08:56. | |
reform capitalism, Tarrabt evolution, make a radical proposal. | :08:57. | :09:04. | |
-- tear up devolution. Theresa May is the continuity candidate. A | :09:05. | :09:10. | |
distinctive choice emerging. Interesting to see what Andrea | :09:11. | :09:13. | |
Leadsom does. She has not come out of the woodwork. Difficult to find | :09:14. | :09:19. | |
an issue that has more significance than the relationship with the EU. A | :09:20. | :09:23. | |
lot of changes in the centre position of government. People seem | :09:24. | :09:28. | |
to be in the political periphery getting elected, doing things | :09:29. | :09:32. | |
different. You have to make a choice on this issue. Very rare case, where | :09:33. | :09:40. | |
it will make a difference. Let's look at George Osborne, what he | :09:41. | :09:47. | |
announced today. The 2020 fiscal targets, pretty central target and | :09:48. | :09:51. | |
principal of his. We would be back in the black in five, four years' | :09:52. | :09:57. | |
time. Michael Gove has said this is fine, although he said they will not | :09:58. | :10:01. | |
be an economic impact. Clearly this is one. There has been an economic | :10:02. | :10:07. | |
impact. You can look at the markets, take them seriously or not. In one | :10:08. | :10:12. | |
sense, not the most important thing, even if you think they are | :10:13. | :10:17. | |
important, what is is investment and jobs, how people feel their wages. | :10:18. | :10:22. | |
Clearly there is concern. The first move of the Bank of England, saying | :10:23. | :10:27. | |
we will make monetary stimulus, injecting cash into the system. The | :10:28. | :10:30. | |
government has said we will not take cash out of the system, with fiscal | :10:31. | :10:37. | |
stimulus. The government is concerned, all sides are agreeing, | :10:38. | :10:41. | |
that would suggest they are all concerned. The idea is to throw as | :10:42. | :10:50. | |
much of the economy -- as much at the economy. Surely that just pushes | :10:51. | :10:56. | |
the pain further away? We are used to this target being pushed back. In | :10:57. | :11:01. | |
2010, the original target was 2015, by 2011, 2017, now shelved | :11:02. | :11:08. | |
altogether. Quite interesting counterintuitive commentary coming | :11:09. | :11:14. | |
out. The idea that having economic rules, it is for the graveyard, | :11:15. | :11:19. | |
anachronistic. You look at Golden brown's golden rule, the EU | :11:20. | :11:25. | |
stability pact. John Major's experiment with the exchange rate | :11:26. | :11:29. | |
mechanism. They always fall apart. Perhaps abandoning the surplus | :11:30. | :11:35. | |
altogether, you tell me? You can only borrow for so long. It is a | :11:36. | :11:41. | |
basic principle. The last time we decided the basic principle of | :11:42. | :11:46. | |
economics did not apply we have the crash. We cannot borrow forever. If | :11:47. | :11:51. | |
you are borrowing and investing, that can create growth. If you are | :11:52. | :11:56. | |
taking money out of the country not investing, that can contribute to | :11:57. | :12:00. | |
recession. There seems to be a unanimous feeling, not the time for | :12:01. | :12:06. | |
austerity. Interest rates may be cut again. Historically low for such a | :12:07. | :12:12. | |
long time. What do they do about taxation? Likely to stay the same, | :12:13. | :12:18. | |
anybody daring to raise taxes? Unlikely anyone would dare to. A | :12:19. | :12:23. | |
very precarious time for the new Conservative leader and Prime | :12:24. | :12:28. | |
Minister. Theresa May has a very suggested to assure the markets, and | :12:29. | :12:32. | |
the rest of the global community, she's not planning to call a general | :12:33. | :12:39. | |
election immediately. Unlikely anyone in the new job in number ten | :12:40. | :12:43. | |
will want to rock the boat by hiking taxes. Anymore than it rocking. | :12:44. | :12:50. | |
Daily Mirror. Yes! Wales 3-1 Belgium. Extraordinary achievement | :12:51. | :12:56. | |
by the Welsh side. Never gone further in a major competition. So | :12:57. | :13:02. | |
many people, as the only home nation left, willing them to do well. | :13:03. | :13:08. | |
Absolutely, I had a text from my boss, saying seven years growing up | :13:09. | :13:13. | |
in Swansea as a boy, part of his Welsh heritage. I am not a great | :13:14. | :13:18. | |
sports fan, that he cannot get excited by the story of an underdog, | :13:19. | :13:24. | |
smaller nation. Like Leicester, I feel I could get interested in | :13:25. | :13:27. | |
football after seeing this. You need to pick a team on the margins, that | :13:28. | :13:33. | |
could do well. Many to choose from. A great story. I am not a major | :13:34. | :13:39. | |
sports fan, these kind of stories grab my interest. 3-1, decisive | :13:40. | :13:46. | |
victory, not stolen. The last goal out of the textbook. Not all down to | :13:47. | :13:53. | |
Gareth Bale. They last got to the quarterfinals in 1958, the World Cup | :13:54. | :13:58. | |
played in Sweden, knocked out by Brazil, helped by Pele. There you | :13:59. | :14:03. | |
go. All that came from Robert Allen, producing. That is it, Lucy and Tom, | :14:04. | :14:10. | |
thank you very much. All of the papers I run our website. To run | :14:11. | :14:16. | |
through them again, senior Tories rushing to pledge their support to | :14:17. | :14:20. | |
Theresa May in the Conservative leadership contest. Telegraaf | :14:21. | :14:24. | |
newspaper saying Andrea Leadsom posing a big threat to the Home | :14:25. | :14:29. | |
Secretary. The Daily Mirror pokes fun at Michael Gove's campaign as | :14:30. | :14:35. | |
well as Wales' historic victory against Belgium this evening. You | :14:36. | :14:39. | |
can find the front pages online, there is a recording of this review. | :14:40. | :14:45. | |
Seven days a week on the BBC website. Coming up next, time for | :14:46. | :14:51. | |
the weather. | :14:52. | :14:55. |