Browse content similar to 23/01/2014. Check below for episodes and series from the same categories and more!
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Australia. They have to wait until Sunday in Hobart to get their chance | :00:00. | :00:00. | |
to clinch the series. That in 15 minutes after the papers. | :00:00. | :00:17. | |
Hello and welcome to our look ahead to what the papers will be bringing | :00:18. | :00:22. | |
us tomorrow. With me Caroline Daniel, the editor of the weekend | :00:23. | :00:26. | |
Financial Times, and Torcuil Crichton, the Westminster editor at | :00:27. | :00:31. | |
the Daily Mail. We will start with the Independent. It says that GM | :00:32. | :00:34. | |
super foods could be grown in Britain as early as this year. The | :00:35. | :00:40. | |
Telegraph says that David Cameron believes a recovery for all is under | :00:41. | :00:43. | |
way, with wages rising more quickly than inflation. Onto the Guardian, | :00:44. | :00:48. | |
its leading on the Newsnight interview with the Bank of England | :00:49. | :00:51. | |
governor, who has said interest rates will not be rising any time | :00:52. | :00:57. | |
soon. The Express has news of a new treatment for diabetes. The | :00:58. | :01:01. | |
Financial Times is also leading on Mark Carney, who has been forced to | :01:02. | :01:04. | |
abandon his policy of linking interest rates to unemployment. And | :01:05. | :01:10. | |
the Daily Mail reports on claims that pensioners with cancer are | :01:11. | :01:12. | |
being written off as too old to treat. Lots of news coming out of | :01:13. | :01:20. | |
Davos, where the rich and the good and not so good are gathering. The | :01:21. | :01:28. | |
Prime Minister is there. He apparently, according to the Daily | :01:29. | :01:32. | |
Telegraph, is hailing the start of a recovery for all. And that is | :01:33. | :01:35. | |
following on these figures that have been released this evening by the | :01:36. | :01:39. | |
government that suggests people 's take-home pay, for 80% of the | :01:40. | :01:43. | |
population, is actually outstripping inflation. This is David Cameron's | :01:44. | :01:49. | |
attempt to have a win-win headline. He is trying to take on Ed | :01:50. | :01:53. | |
Miliband's concerns about standards of living, saying that wages are | :01:54. | :01:57. | |
starting to rise again. This is the kind of headline George Osborne has | :01:58. | :02:00. | |
been waiting for four months, as have the Financial Times. But there | :02:01. | :02:04. | |
are still some concerns beneath the headlines. Although he does say that | :02:05. | :02:15. | |
wages are rising for lots of people, we also know that over the last | :02:16. | :02:17. | |
year, average earnings have only gone up by 0.9%, that is below | :02:18. | :02:20. | |
inflation. The idea this is a dramatic rebound for everyone and | :02:21. | :02:22. | |
it's all going to get better from here on in, there are some caveats | :02:23. | :02:25. | |
here. It's the Government trying to have its cake and eat it. We've seen | :02:26. | :02:30. | |
unemployment go down to almost 7%, good news for everyone. The growth | :02:31. | :02:33. | |
figures are going to be revised. This is the Government realising it | :02:34. | :02:39. | |
is not just about the economy, they are also going to have to fight it | :02:40. | :02:44. | |
on the cost of living, which is where Ed Miliband is camped out | :02:45. | :02:47. | |
right now. Cameron hails recovery for all. Does it feel like it in | :02:48. | :02:53. | |
your pocket? No matter what the figures might suggest, and we can | :02:54. | :02:56. | |
discuss and argue over the figures, the question is, do people feel they | :02:57. | :03:02. | |
have enough money to pay the bills? Welcome to Britain where food prices | :03:03. | :03:06. | |
are going up, energy prices are going up, SSE put their prices up by | :03:07. | :03:11. | |
8% and, what do you know, their profits go up by 8%. We have kids | :03:12. | :03:16. | |
who worked 21 hours a week in Tesco, can't get more. We have construction | :03:17. | :03:20. | |
companies are putting their builders at arm's-length payroll company so | :03:21. | :03:25. | |
they can avoid paying tax. It's an on the waterfront economy. That's | :03:26. | :03:28. | |
true, but there is a genuine bounce happening. If you look at the car | :03:29. | :03:34. | |
industry, we reported this week that Britain had made more than 1.5 | :03:35. | :03:41. | |
million cars last year. It's the highest number since 2007. That's a | :03:42. | :03:46. | |
genuine number. It put Britain on track to become the third-largest | :03:47. | :03:49. | |
producer in Europe. More and more people are buying new cars going | :03:50. | :03:54. | |
out. Things must be sort of going OK. The Government, its figures | :03:55. | :04:01. | |
tonight, it is saying if you take into account tax cuts up to April | :04:02. | :04:06. | |
2013, that year people are taking home more pay. Yeah, and if you've | :04:07. | :04:10. | |
got a mortgage and your mortgage interest rates are very low, then | :04:11. | :04:14. | |
maybe you have a bit more cash. Or to buy these cars, people are | :04:15. | :04:17. | |
digging into their own savings or they are going to the banks and get | :04:18. | :04:23. | |
another credit. We know where that ends up. It's taken a while to come, | :04:24. | :04:29. | |
but the growth figures are still way below the economic output that the | :04:30. | :04:33. | |
UK used to have before the recession. Yes, it's great news and | :04:34. | :04:37. | |
I'm not going to knock it, I'm really relieved to see recovery | :04:38. | :04:41. | |
starting to come back, but there are still caveats and we shouldn't give | :04:42. | :04:47. | |
Cameron too much fun. Clearly this is a victory of sorts for labour and | :04:48. | :04:51. | |
for Ed Miliband because they've positioned themselves on this cost | :04:52. | :04:55. | |
of living issue and the Conservatives now are having to | :04:56. | :04:58. | |
address that issue. Will this kind of thing work? They are coming at it | :04:59. | :05:04. | |
hard. We saw Osbourne saying that the minimum wage ought to rise to | :05:05. | :05:08. | |
?7. Not that he's in charge of it, not that it's going to happen until | :05:09. | :05:13. | |
after 2015, when he hopes he will be re-elected. There's a recognition | :05:14. | :05:20. | |
that people are hurting. If you are Ed Balls or George Osborne, I think | :05:21. | :05:23. | |
I know who is going to wake up feeling happier looking at the front | :05:24. | :05:27. | |
pages tomorrow out of the two of them. Mike microbe the Financial | :05:28. | :05:36. | |
Times. Six months ago it was said if the rate of unemployment falls to | :05:37. | :05:41. | |
7%, then he would consider raising interest rates. He's not doing that | :05:42. | :05:46. | |
now, so that policy is dead in the water. It's the biggest story to | :05:47. | :05:52. | |
come out of Davos. I like the choice of language. His big idea is set to | :05:53. | :05:57. | |
bite the dust. This was the policy that if unemployment fell to below | :05:58. | :06:03. | |
7%, it fell to 7.1% this week and in Scotland it is below 7%, he would | :06:04. | :06:10. | |
then look at rising -- raising the interest rates, which would be bad | :06:11. | :06:14. | |
news for borrowers everywhere, but would keep the lid on inflation. He | :06:15. | :06:21. | |
has now turned round in an interview saying, forget it. Is his | :06:22. | :06:28. | |
credibility shot or is he simply adapting to the changed | :06:29. | :06:31. | |
circumstances of the economy? That is his line, but the fact is it is | :06:32. | :06:34. | |
embarrassing for the Bank of England. In terms of their | :06:35. | :06:38. | |
forecasting policy and their ability to predict the future. When Mark | :06:39. | :06:42. | |
Carney arrived on the job, he said in August, when he announced this | :06:43. | :06:46. | |
plan about how he was going to govern the Bank of England policy, | :06:47. | :06:50. | |
they forecast at that point that you wouldn't get to 7% unemployment | :06:51. | :06:53. | |
until mid-2016. A few months later they changed that to mid-2015. Now | :06:54. | :06:59. | |
we're looking at a potentially happening this year. But everyone | :07:00. | :07:05. | |
got that wrong. That is true, but that's a pretty big miss. That was | :07:06. | :07:10. | |
the sort of cornerstone of his policy. He linked it explicitly to | :07:11. | :07:15. | |
unemployment numbers. Now he is broadening it out saying it's not | :07:16. | :07:17. | |
just about unemployment rates, he's looking at the wider economy as | :07:18. | :07:23. | |
well. He is making clear this matters to you and I, the interest | :07:24. | :07:27. | |
rate side. He is not saying that interest rates are poised to rise. | :07:28. | :07:32. | |
The whole point about the problem is that the country is facing is that | :07:33. | :07:35. | |
there is a massive lack of confidence. People won't go out and | :07:36. | :07:40. | |
spend, company bosses won't go out and hire and invest in new plants. | :07:41. | :07:43. | |
Him saying interest rates will not rise until unemployment reaches 7% | :07:44. | :07:48. | |
gave people confidence. In fact, that forward guidance has caused the | :07:49. | :07:58. | |
increase... In car sales and everything else. I like Carney | :07:59. | :08:01. | |
because he's already got excuses lined up. He says, we are wrong, but | :08:02. | :08:07. | |
we'd rather be wrong in the right direction. I like the cut of his | :08:08. | :08:13. | |
jib. He's a very political Bank of England governor. He didn't hesitate | :08:14. | :08:17. | |
to come out against Ed Miliband's plan. He's going to Scotland next | :08:18. | :08:21. | |
week. I'm really interested to hear what he has to say about Alex | :08:22. | :08:27. | |
Salmond's currency plans. And I love the fact that George Osborne is | :08:28. | :08:31. | |
letting it be known at Davos that he is relaxed about interest rates | :08:32. | :08:35. | |
rising. I would expect some business groups and households to say, we are | :08:36. | :08:39. | |
not very relaxed about it, we got loads of big debt still. I suspect | :08:40. | :08:43. | |
he isn't relaxed about the interest rate rise. But then that's just me. | :08:44. | :08:49. | |
Onto the Guardian. Road cameras. Privacy fear over 26 million images | :08:50. | :08:54. | |
taken daily by road cameras. The Guardian has really been pushing the | :08:55. | :08:59. | |
whole issue of secrecy and surveillance over the last few | :09:00. | :09:04. | |
months. This story is very close to that. It's another data privacy | :09:05. | :09:10. | |
story. I was wondering what Chris Huhne might feel reading this | :09:11. | :09:13. | |
story, about whether we can now go back in time to what might have been | :09:14. | :09:20. | |
caught on that road camera. That bloke who was caught driving the car | :09:21. | :09:25. | |
with his hands behind his head at 60 mph. There will be great things on | :09:26. | :09:31. | |
that database. Do I care that my car has been caught speeding? We've all | :09:32. | :09:37. | |
been caught speeding at one time. The Guardian have spent a year | :09:38. | :09:43. | |
campaigning against the invasion of privacy by the CIA and MI6. Who | :09:44. | :09:47. | |
needs these guys, we've got speed cameras! They are storing 17 billion | :09:48. | :09:54. | |
images. A number of these cameras has doubled on the roads. As a | :09:55. | :09:57. | |
driver, I'm more concerned about that than the privacy implications. | :09:58. | :10:01. | |
I thought non-Muslim had filming them anyway. A sort of placebo. -- | :10:02. | :10:09. | |
thought non-them had film in them anyway. Having done the failed Tiger | :10:10. | :10:18. | |
Tiger bombing down there in London, they then went on the run. They were | :10:19. | :10:22. | |
picked up, the number plate was picked up on these cameras. Too late | :10:23. | :10:27. | |
to stop them going to Glasgow airport, but the cops were on to | :10:28. | :10:34. | |
them. For some people, potentially the Guardian, they would argue that | :10:35. | :10:37. | |
these things are on the road and are supposed to be catching speeding and | :10:38. | :10:40. | |
traffic offences. If the images are being used for other things then | :10:41. | :10:45. | |
that is an invasion of privacy. Conversely you could say it is | :10:46. | :10:51. | |
looking after us all. Let's go on to the Independent. Treasury officials | :10:52. | :10:56. | |
to warn public of risks of leaving the EU. What is this detailing? I | :10:57. | :11:06. | |
quite like this story. The Government is getting civil servants | :11:07. | :11:12. | |
to get ready briefing notes for the possible referendum on the EU, | :11:13. | :11:15. | |
giving people the facts on the arguments against Britain leaving | :11:16. | :11:21. | |
the EU. This outrages anti-union paean and Eurosceptic MPs, who say | :11:22. | :11:27. | |
it is officials attempting to scare the public in favour of a yes vote. | :11:28. | :11:33. | |
For me, it echoes of the early days of the current Scottish referendum | :11:34. | :11:36. | |
debate, where you've got Whitehall and Westminster pumping up these | :11:37. | :11:39. | |
papers on reasons for Scotland not to leave Britain, and the SNP | :11:40. | :11:43. | |
government saying, you are just trying to scare people as Project | :11:44. | :11:49. | |
fear. The UK Government is getting ready to enter that. The European | :11:50. | :11:53. | |
debate is almost an empty room now. The only people in it are people | :11:54. | :11:57. | |
talking about leaving. The people who are talking about staying... | :11:58. | :12:06. | |
It's a slightly odd headline to say civil servants will play a critical | :12:07. | :12:11. | |
role setting out the economic risks. Of course they should. They should | :12:12. | :12:14. | |
be weighing up the pros and cons of a big change in public policy. What | :12:15. | :12:19. | |
is interesting behind this story is in the last week or two, you've seen | :12:20. | :12:23. | |
a lot more pro-European debate come out. More big companies come out, | :12:24. | :12:28. | |
people like JPMorgan warn about the risks if British business pulled out | :12:29. | :12:33. | |
of the EU. I think this is in some ways part of a wider debate. You are | :12:34. | :12:38. | |
seeing more noise around the pro-European campaign. These guys | :12:39. | :12:42. | |
are late to the party. We've had more than a year now, a UKIP | :12:43. | :12:47. | |
bandwagon rolling, and anti-immigration bandwagon rolling | :12:48. | :12:50. | |
will stop the narrative is all about... You've even got George | :12:51. | :12:57. | |
Osborne throwing red meat to the Tories. The idea that putting some | :12:58. | :13:01. | |
facts together is going to scare the public into a yes vote seems a | :13:02. | :13:06. | |
rather surreal argument, when everyone is worried about UKIP. | :13:07. | :13:16. | |
Living apart, apparently, maybe the secret to a marriage. I think it is | :13:17. | :13:24. | |
Mia Farrow... Actually, they lived apart, very famously. That clearly | :13:25. | :13:33. | |
didn't work for them. The Batman director. Do you know something we | :13:34. | :13:37. | |
don't? These things are always hard to manage over a long time. This | :13:38. | :13:42. | |
promises more than it delivers. It does say 700,000 people in Britain | :13:43. | :13:47. | |
live happily apart. But it says a lot of them have a family in the | :13:48. | :13:50. | |
country, the husband works in London. I don't think that | :13:51. | :13:53. | |
necessarily means they are living apart. Someone is working incredibly | :13:54. | :13:58. | |
hard in London during the week and probably can't afford a big house. | :13:59. | :14:03. | |
It is a very Sunday kind of story on the front page of a daily. You get | :14:04. | :14:07. | |
these statistics from which you can extrapolate a pattern or trend, and | :14:08. | :14:12. | |
then you stick in a psychologist or expert to back-up the statistics, | :14:13. | :14:19. | |
that you can be happy living apart, I call is living alone, and, bingo, | :14:20. | :14:24. | |
there is a story. I don't know if it is a story for the front page, but I | :14:25. | :14:29. | |
guess they wanted to lighten it up. We are going to go back to The | :14:30. | :14:33. | |
Guardian. Actually, we are going onto the Daily Mirror. I have no | :14:34. | :14:39. | |
idea what the story is. It is Justin Bieber, I am being told. It is also | :14:40. | :14:42. | |
on the front of the Guardian. Busted, Justin Bieber. No shame, | :14:43. | :14:52. | |
that is a different story. Busted, cuffed, drug bust Bieber. | :14:53. | :15:01. | |
Bbc.co.uk/thebigquestions I think if you have 15 million followers on | :15:02. | :15:04. | |
Twitter, the second most followed person in the world, people are | :15:05. | :15:07. | |
going to be interested in this story and talking about it. For me, the | :15:08. | :15:12. | |
question is if it is slightly and organised bit of criminality to make | :15:13. | :15:18. | |
him change his brand image. We have seen that with Miley Cyrus, a Disney | :15:19. | :15:24. | |
star gets reinvented as a controversial, edgy youngster. His | :15:25. | :15:29. | |
father was apparently there all along, on the sidelines as he drove | :15:30. | :15:35. | |
his Lamborghini. He could go to jail, though? We have not got there | :15:36. | :15:39. | |
yet, but I think there will be a lot of debate about what is behind the | :15:40. | :15:45. | |
story. He looks edgy, he looks like a jailbird, he is smiling in his | :15:46. | :15:48. | |
mugshot. It may be an attempt to rebrand him. It may be that he is a | :15:49. | :15:54. | |
teenager out of control. But a yellow Lamborghini? He is not cool | :15:55. | :15:59. | |
in my book. You are saying this is part of a concerted campaign and | :16:00. | :16:04. | |
this has happened in the past, he is getting to 19, so perhaps he is | :16:05. | :16:10. | |
getting beyond those years. The grand old age of 19. He is growing | :16:11. | :16:14. | |
out of the teenybopper situation. One would suggest that the majority | :16:15. | :16:21. | |
of those that follow him on Twitter are of a certain age. But he is | :16:22. | :16:24. | |
trying to appeal to a wider audience? He is worth about $150 | :16:25. | :16:30. | |
million. I think you can afford to have as many yellow Lamborghini is | :16:31. | :16:33. | |
as he likes. What's interesting is that his reputation has started to | :16:34. | :16:37. | |
diminish in terms his actual success as a pop star. Has it? Is not | :16:38. | :16:42. | |
selling as many records? Not as many as he was a few years ago. He has | :16:43. | :16:49. | |
?150 million to spend, so I think he has probably learned to drive his | :16:50. | :16:53. | |
car fast. He rented the car, it wasn't even his. Talking of | :16:54. | :16:58. | |
Caroline, we are going to be back in a hour's time for a look at the | :16:59. | :17:02. | |
headlines behind the stories. At the top of the hour we are going to have | :17:03. | :17:05. | |
the latest on the Government claiming that take-home pay has | :17:06. | :17:11. | |
actually gone up, in real terms, for most people in Britain. Now time for | :17:12. | :17:13. | |
Sportsday. Hello and welcome to Sportsday. I'm | :17:14. | :17:28. | |
Mike Bushell, the headlines | :17:29. | :17:29. |