16/03/2014 The Papers


16/03/2014

No need to wait to see what's in the papers - tune in for a lively and informed conversation about the next day's headlines.


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And coming up: The new technology that allows people to read faster

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using smaller screens. Hello, welcome to our look ahead to

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what the papers will be bringing us tomorrow. With me are the journalist

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Samira Shackle and broadcaster, Henry Bonsu. Thank you both for

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joining us. Tomorrow's front pages, let's have a look. This evening we

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start with the Financial Times. That leads with the referendum result in

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Crimea and says the poll sends Russia deeper in international

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isolation. On the Telegraph - an image of Mo

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Farah who collapsed after completing the half-marathon in New York City

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today. The I - the long awaited Higgins

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report on HS2, which calls on the Government to build the northern

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section of the railway link faster A new device for monitoring diabetes

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could replace the need for daily jabs associate the Daily Express. --

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says the Daily Express And the five richest families own

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more than the poorest 20% of the population.

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And the Daily Mail - pressure is mounting on George Osborne to raise

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the 40 p tax threshold. Plenty of different stories to have

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a look at. Let's begin and the first one I think we'll look at is really

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the story that has been dominating our news agenda today and Crimea. We

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will start with the Financial Times, with the headline: Crimea poll ice

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rates Russia. That's just about all that West and America seems able to

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do. Yeah, it does. I was reading in this piece about the EU moving to

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introduce sanctions. While we've seen the rouble falling, there's a

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question mark over how much sanctions can effect as big as

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economy as Russia and how quickly. The rouble has been at its lowest

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level against the dollar. Henry, this is something that Putin doesn't

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really think is that important in comparison. Absolutely, despite what

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the Financial Times and some of the other papers are saying, Russia

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isn't really that isolated. We're talking Britain, France, the EU, the

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United States, OK, some of the biggest economies in the world,

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there are lots of other big economies, like the Chinese,

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Brazilian, Indian economy who are perfectly happy to do business with

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Russia. The might be isolated on the yuz Security Council, but -- on the

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UN Security Council, but Britain and the Germans will do business with

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Russia. Vladimir Putin will be thinking, O'-Kay, how serious was

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this reaction. -- OK, how serious was this reaction. Lots of money

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will be coming back to Russia. People are worried about whether or

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not their assets will be seized. They're bringing it back to mother

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Russia. Affecting stocks and shares in this country and the property

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market, possibly. It has ramifications. Is there anything

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else that you've raed in the Financial Times or-- read where

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other avenues could be for the West to explore? I don't think so,

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looking at this. Plauz we know -- because we know that military action

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is a no-no. We are all thinking of great wars past. We don't want a

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future confliation in Europe. -- Conflagration in Europe. The only

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thing is if the they felt they could go further on the economic front.

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Not just a number of Crimea officials and even Vladimir Putin

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himself from travelling, though I'm not sure if they would ban him. I

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think if they wanted a trade war with Russia, if they wanted to close

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the Russian economy down, they probably could do so, but I doubt

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very much whether or not they would see it's in their self-interest to

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do so, given the intertwining of the economies Russia, the EU and the

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United States. The Financial Times looks at it with the financial hat

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on. The Daily Telegraph, the same story with the headline: West

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condemns illegitimate poll. That seems to be the line from America

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and Britain. This was illegitimate, so the result doesn't matter. That

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seems to be what they're saying. I think it's quite an interesting one

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from an almost, the ideas behind it, because it's an argument when it

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comes down to between the limits of Democratically-expressed self-rule

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versus territorial integrity and sovereignty. It's quite clear that

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obviously Russia and the West are coming at that from two completely

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different sides. It's just such a complicated picture that I think

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it's certainly true that there's limits to what claim can you make

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for a free and fair referendum, when there's tanks and guns there, but

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there is also clearly a large contingent of the population which

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wants to be part of Russia. It's quite a complex moral web there.

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Building on what Henry was saying earlier, Putin obviously has made an

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assessment about how much the West's disapproval matters. In this case,

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not that much. The reason why the West condemns this as illegitimate

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was we had those two choices, join mother Russia or autonomy from the

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Ukraine. There was no third option of the status quo. There were no

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outside observers. There were some from neighbouring countries, which

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are very close to the Kremlin, close to Moscow. When it Toms to -- comes

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to how look at this from a geopolitical point of view, we have

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to remember that we, the West, regularly intervene in other parts

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of the world, sometimes in flagrant breach of international conventions

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because we think we're doing the right thing, because it's the West.

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We're always on the side of right. The Russians have the right to see

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themselves in the same light. Increasingly Vladimir Putin as he

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looks towards his legacy, what is he leaving behind. He will be the guy

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who managed to claw back some of the territory they lost. Argument of

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legal interventions... What is international law any way! Yes.

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Let's move on to another story. Osborne, I will build for Britain.

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News that Ebbsfleet in Kent is to become a major new garden city with

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at least 15,000, interesting this has come out just a couple of days

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before the Budget. Yes, because he wants to present himself as a

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Chancellor with a plan, a chance who's presided over a double-dip

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recession, but now very strong growth. The Office for Budget

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Responsibility has revised up its forecast as has the Bank of England.

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People are saying, where is the accelerated growth going to come

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from. I'm sceptical about this. We've heard announcements like this

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before, about big infrastructure projects. This is a drop in the

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ocean compared to what is needed. The Labour themselves are talking in

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this piece about trying to build around 200,000 homes a year from

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2015, if they get in. There's no doubt, the Government now pledging

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longer on this help to buy scheme, helping people get on the housing

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ladder at the start. Maybe this is a way of generating more work, more

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jobs, more building, more infrastructure. It is. I don't think

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anyone would argue that building more homes is a bad thing. I agree

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that it's a drop in the ocean and it's also been three years of this

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Government without many new homes being built at all. They really need

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to be stepping up. The scale of the housing crisis, 15,000 is nothing

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really. But it's a good thing. It is interesting. Of course, the

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Chancellor, any Chancellor before a Budget will choose to leak the most

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positive stories. Much room for manoeuvre. This is repeated on

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Wednesday and the picture story on the front, a distressing picture of

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Mo Farah, of course, the two Olympic Gold Medal winner at London 2012.

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You were watching. I was. I did that extraordinary thing and I pressed

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the red button to watch this race. The coverage wasn't of the level of

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Brendan Foster, it was an American commentator. I was concerned how Mo

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Farah would make the transition from the track to the road. Some people

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said it was a disastrous attempt. He didn't do anything wrong apart from

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getting clipped from behind a few miles in. He worked hard to catch up

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with the eventual winner, who has broken 60 minutes for the half mare

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thorn on several occasions. -- marathon, on several occasions. I

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think he overcooked it. Previous live he was training in the valley

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above Kenya. I think the transition from nice, warm Kenya to subzero

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temperatures in New York really damaged his system. He collapsed. He

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was actually in tears. You can see the picture. I didn't know if it was

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tears or sweat, but very distressing for his family who were there. It's

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sad and he's such a national hero, since the Olympics. He occupies a

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warm place in the public's hearts. They're concerned about the London

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Marathon of course. His first full marathon and he goes up against the

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same guy. You sound like you're going to be watching. The I - brakes

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off for HS2. I will let you start with this being a Manchester boy. I

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am. I should be in favour of this, because the journey from London to

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Manchester currently takes two hours and eight minutes. When I want to

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see my parents, family and friends, that's how long it takes. If this

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goes ahead and it works it will come down to one hour and 20 minutes. The

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question is, at a time of post-austerity, no still in

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austerity, but growth is weak, can we afford to spend about ?50

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billion? The guy who is going to oversee this, he oversaw the

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Olympics on time and on budget says, we have to be bold. We have to make

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this, do this infrastructure much more quickly. Six years earlier,

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transport hub in Crewe, going beyond Birmingham to Crewe and that means

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it will be much more secure as a financial investment. And not just

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that, but also starting the building at both ends, as it were, starting

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in the north and the south to connect in the middle. Yeah. Are you

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a fan to get going on this? Well, I don't think there's any chance

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they're going to abandon it. It's a good idea to think about ways of

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making it more useful. I think the fact that it was going to stop at

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Birmingham, I think extending it further north is good. I was

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interested to read over the weekend a poll in the Observer that a

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majority of people actually would support improving connections

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between northern cities rather than a north-south link. I want to

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shuffle along onto the Express. The heading about diabetes. Jab-free

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test for diabetes. This would be, if it's true, a breakthrough, a

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stick-on sensor, about the size of a 2p piece, to replace daily finger

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pricking jabs. That would be a great comfort to anyone who is diabetic,

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butch also the fact that it would -- but also the fact that it would save

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a lot of money. Anything that makes it easier to monitor diabetes is a

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good thing. My mum is diabetic. Constantly pricking at the fingers,

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but it's easy to forget to monitor your blood glucose levels after

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meals, even if you've been living with it for years. Anything to

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improve that is a good thing. Seems good news. I want to get to the

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Guardian. That looks at the divided Britain, where it says five families

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in the UK actually own more than the poorest 20%. It is a staggering

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figure. It is staggering. But it's real Britain and it's by Oxfam,

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which probably surprised a lot of people. It's called a tale two of

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Britains. Those five offending families the Duke of Westminster,

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David and Simon Ruben, the sports director and retail boss, the

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chairman of Newcastle united and two other. They have 28. .2 billion in

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assets. That's more than the poorest 20% in this country. That number of

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people. It's amazing. You say "offenders", in some senses... I'm

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not jealous of wealth. I'm totally relaxed about wealth. It depends

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which percentage you are. Indeed. The timing of this report is not

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unrelated to the Budget as well. It comes down again to this debate

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about who the Government should be helping. That's the balance George

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Osborne is trying to strike before the Budget, not seeming too much to

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help those wealthiest families. Building up to the Budget on

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Wednesday. Thank you both very much for that. That is it for for papers

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this hour, a big thank you to you both.

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Let's get started on this. Not bad. A bit slow in the middle. Not bad.

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