18/03/2014

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:00:00. > :00:00.We'll have the latest on England's preparations for the World Twenty20

:00:00. > :00:15.in Bangladesh in Sportsday in 15 minutes, after the papers.

:00:16. > :00:21.Hello there and welcome to our look ahead to what the papers will be

:00:22. > :00:29.bringing us tomorrow. The Westminster editor for the Daily

:00:30. > :00:34.Record and the Asssistant p editor of the Spectator join me. The

:00:35. > :00:37.Financial Times leads with Mark Carney's shake`up at the Bank of

:00:38. > :00:42.England as he warns that risks are building in the housing market. The

:00:43. > :00:47.Daily Telegraph has calls for senior MPs of the 2022 World Cup to be

:00:48. > :00:52.rerun. The Met row says tensions boiled over when a soldier and

:00:53. > :01:02.militiamen were gunned down by Russian forces. More on that story

:01:03. > :01:18.in The Guardian `` the Met the Metro. D militiamen were gunned down

:01:19. > :01:20.by Russian forces. More on that story in The Guardian `` the Metro.

:01:21. > :01:25.We'll talk about Mick Jagger's heartbreak after his girlfriend

:01:26. > :01:29.reportedly commits suicide. Exactly 60 years this year Russia

:01:30. > :01:34.lost Crimea or rather it was handed over to Ukraine? Yes, here we are at

:01:35. > :01:38.the stroke of a pen and within three weeks, with the assistance of some

:01:39. > :01:42.soldier, Russia's annex add territory in Europe, the first time

:01:43. > :01:51.it's been done since before the Second World War. The Guardian

:01:52. > :01:57.states the imperial scene of the Russian President coming to address

:01:58. > :02:01.the Kremlin and really being quite furious claiming Russia's been

:02:02. > :02:05.cheated again and again with decisions being taken behind their

:02:06. > :02:08.back, reeling against the West, claiming that this wasn't Russian

:02:09. > :02:14.aggression that, there had been no shots fire and no casualties. That

:02:15. > :02:21.didn't last long because the Crimean soldier lost his life. Obviously,

:02:22. > :02:25.for Russia, this is no turning back. Half way through the story, it flips

:02:26. > :02:30.to show the scene in the West with William Hague in the House of

:02:31. > :02:34.Commons warning of consequences. Exactly. Isabelle, twhes and

:02:35. > :02:38.principally the European Union and America have been outflanked again

:02:39. > :02:43.by Mr Putin. We saw it happen on the situation in Syria and it's

:02:44. > :02:51.continuing to happen with Syria `` the west and principally the

:02:52. > :02:54.European Union. The response to the sanctions has been derice i, the

:02:55. > :02:58.sanctions make no difference at all and have probably been part of

:02:59. > :03:02.Putin's calculations all along and have probably been something he can

:03:03. > :03:09.weather. The debate today, Sir Malcolm Rifkind gave a forceful,

:03:10. > :03:13.disapproving speech. He was warning Europe that actually failing to act

:03:14. > :03:17.even if it's in a way that costs European countries something, will

:03:18. > :03:22.cost Europe as a community far more in the long`term.

:03:23. > :03:26.Yes, sanctions themselves have consequences as well, Europe fears

:03:27. > :03:28.that. Exactly. But there is a School of Thought suggesting you didn't

:03:29. > :03:32.want to be too hard with the sangtions going in at the beginning

:03:33. > :03:36.because if you were really hard, that might push pew into going

:03:37. > :03:46.further town the east. Is there credence in that do you think? ``

:03:47. > :03:50.push Putin into going further. The G8 mean pollutely nothing to him, in

:03:51. > :03:53.fact they are part of the calculation he's made, he doesn't

:03:54. > :03:58.really care. Rifkind said today Putin needs feel the hurt of these

:03:59. > :04:15.sanctions on the Russian economy that. Might mean European economies

:04:16. > :04:20.taking a bit of a hit as well. The Russian population can take a

:04:21. > :04:27.far hit than the Soft western populations. Putin is running this

:04:28. > :04:30.to his own timetable. He says he's not going to go any further. We

:04:31. > :04:34.don't want to see Ukraine split up any more, he says. Should we believe

:04:35. > :04:37.him? He's obviously not going to announce plans to have tanks rolling

:04:38. > :04:41.further into Ukraine or anything like that, but what he'd be more

:04:42. > :04:47.likely to do would be to talk about protecting the population at risk,

:04:48. > :04:51.as he devoid Crimea. If there's any m un unrest, he'd be licking his

:04:52. > :04:59.lips hoping that would happen, that would be the way. I liked the line

:05:00. > :05:03.last week that if she's worried about Russian minorities, why

:05:04. > :05:08.doesn't he protect them in Chelsea. Exactly. Let's stay with The

:05:09. > :05:13.Guardian actually. There's a strange picture of a new coin coming into

:05:14. > :05:16.circulation. The Queen was apparently told about it this

:05:17. > :05:20.evening, in the last couple of hours by the chance, will and it would be

:05:21. > :05:24.a big announcement in the budget tomorrow? The exciting overnight

:05:25. > :05:30.briefing for budget tomorrow. We are getting a new pound coin which is an

:05:31. > :05:39.anti`forgery pound coin with 12 signed two colours and looks

:05:40. > :05:43.suspiciously like a euro actually. You wonder whether there's something

:05:44. > :05:47.big being stored back for tomorrow's budget announcement. I don't Kneen

:05:48. > :05:50.undermine Osborne's excitement about the new pound coin, but it's not

:05:51. > :05:54.exactly the sort of thing people will be leaping in the streets with

:05:55. > :06:00.excitement about saying this will solve all of my problems `` I don't

:06:01. > :06:05.mean to undermine Osborne's excitement.

:06:06. > :06:11.It's actually a sort of gold and slightly less gold rabbit and the

:06:12. > :06:26.point is that it's to make it more difficult to forming? Yes, twost

:06:27. > :06:33.metals, 12`sided. `` it's two metals, 12 sided.

:06:34. > :06:42.The pound is 30 years old. He's getting rid of it with a look over

:06:43. > :06:49.his shoulder because it's a nostalgic look. The thriftny bit was

:06:50. > :06:54.popular during the blitz because you could feel nit your pocket. If Putin

:06:55. > :06:59.turps the gas off, we might want to do that again in the blackout. This

:07:00. > :07:04.isn't good enough for you, this announcement tomorrow? The

:07:05. > :07:08.threepenny bit coming back, it's not the kind of thing you want to hear

:07:09. > :07:13.in a budget, you want more? It's easy for Labour to say Osborne's

:07:14. > :07:19.changing the shape of the pound coin but that doesn't may doesn't may any

:07:20. > :07:28.difference to the family who is have however many less hundreds of pounds

:07:29. > :07:33.in their pockets. Labour are going to drum on about this because they

:07:34. > :07:37.know people are hurting and feeling it. Osborne will say the economy's

:07:38. > :07:42.growing, that in the next quarter we'll be back to 2008 rates of gold,

:07:43. > :07:47.that wages will have gone up higher than prices this year, but go tell

:07:48. > :07:52.that to the marines. Nobody feels that in their pockets. OK, on to the

:07:53. > :07:57.Daily Telegraph. It is suggesting, down bottom, don't blow Britain's

:07:58. > :08:02.recovery by borrowing too much, from the Governor of the Bank of England,

:08:03. > :08:06.Mark Carney. He is saying that his policy, his policy of keeping

:08:07. > :08:10.interest rates at record lows should not mean people go out and splash

:08:11. > :08:13.the cash. That sounds bizarre, that Tess the whole point of having a low

:08:14. > :08:17.interest rate policy? This is the problem with the low interest rate

:08:18. > :08:21.policy is that it's incentivised people to borrow and it's punished

:08:22. > :08:25.savers. It's a little strange that rather than changing the incentives,

:08:26. > :08:29.the Governor's saying we know this is very attractive to borrow at low

:08:30. > :08:34.cost bus please don't do it and hoping Brits will be obedient, while

:08:35. > :08:39.at the same time overseeing the Help To Buy policy which encourages

:08:40. > :08:45.borrowing. At 95%. But he's the bank manage, he has to say don't borrow.

:08:46. > :08:51.I like this guy, he can't stay away from the news vent, he has to put

:08:52. > :08:55.his oar in. He put it into the Scottish independence issue. He's

:08:56. > :09:00.advising us and warning against excessive risk taking by households

:09:01. > :09:05.on financial traders requests rs "requests. I wonder how the words

:09:06. > :09:09.will go down with Neil Trotter, the guy who's just won ?108 million.

:09:10. > :09:15.Yes. He won't need borrow anything. He won't be holding back. He'll be

:09:16. > :09:19.splashing the cash somewhat. The suggestion has been made that

:09:20. > :09:23.perhaps Canadians with lots of low interest rates swirling around them

:09:24. > :09:28.wouldn't splash the cash the way that perhaps we are, we are just a

:09:29. > :09:34.Professorially Kate bunch and Mr Karni's `` Carney Reiterating that

:09:35. > :09:42.point? There's one interesting thing about this. He's had to adjust to

:09:43. > :09:46.the way his interventions are read. He's often read as being more

:09:47. > :09:49.political than previous governors, perhaps because he's not used to the

:09:50. > :09:53.way things are going to be interpreted. When he steps in and

:09:54. > :09:57.says something that's helpful to Osborne and not Miliband

:09:58. > :09:59.necessarily, it's read as being partisan. That's your fault isn't

:10:00. > :10:09.it? ! Politicians are used to being

:10:10. > :10:16.careful. Know the lie of the land. Maybe he does have to make, tune his

:10:17. > :10:21.dialogue down. Onto the Daily Express. UKIP's U`turn on gay

:10:22. > :10:25.marriage. It's pretty straightforward, what he's saying,

:10:26. > :10:31.there needs no calibration. There he's going against a policy that has

:10:32. > :10:36.been forefront and centre for UKIP for some time. Thnchts may pb a you

:10:37. > :10:40.are `` This may be a surprise for Daily Express leaders. UKIP

:10:41. > :10:46.distinguishing itself by being outside the mainstream consensus on

:10:47. > :10:53.almost everything. It's a story from the pink paper, from a Q he did

:10:54. > :11:01.from pink news. Picked up on it then. Yes, they have. He has been

:11:02. > :11:05.asked if he would go back on gay marriage. He said no. It's an

:11:06. > :11:10.interesting signal. It's Farage mainstreaming hisself. He always

:11:11. > :11:13.said `` himself. He always said he would do that. It's a test for him

:11:14. > :11:18.as well. He's a leader. He's having to lead his party now. Follow me.

:11:19. > :11:21.Some may not feel that comfortable with. It that's what successful

:11:22. > :11:26.leaders do. It's upsetting for some people. It's a bold thing to do

:11:27. > :11:31.ahead of European elections. There are some UKIP voters who are UKIP

:11:32. > :11:34.partly because they believe in the past and they don't see of the other

:11:35. > :11:39.parties representing that. For him to say that they wouldn't repeal gay

:11:40. > :11:45.marriage is a break with that. And also a certain amount of honesty.

:11:46. > :11:50.UKIP pitches itself as a Libertarian party. That's been a contradiction,

:11:51. > :11:54.you are can't be a Libertarian party that opposes gay marriage. Perhaps

:11:55. > :11:57.he's trying to make UKIP more grown up at a costly time for him. He

:11:58. > :12:02.wants to get the best result possible in the European elections.

:12:03. > :12:08.This may upset some of the natural voters. He wants to make UKIP

:12:09. > :12:13.attractive to voters. The majority of voters do not oppose gay

:12:14. > :12:17.marriage. That's what most politicians want to do. He may have

:12:18. > :12:22.a problem pulling some members of the party with him. Where else can

:12:23. > :12:28.they go? He won't have a problem with the wider population. He's on

:12:29. > :12:35.the march. Onto the Daily Record. "I want to be the next First Minister",

:12:36. > :12:39.the Deputy First Minister making her pitch. One assumes she would be the

:12:40. > :12:47.heir apparent any way. There is no vacancy. Exactly. But there is an

:12:48. > :12:52.inheritance strategy. Whenever Alex Salmond appears on his helicopter,

:12:53. > :12:59.the first person to greet him is the heir apparent Nicola Sturgeon. They

:13:00. > :13:02.work as an effective team in the Scottish Parliament and referendum

:13:03. > :13:09.campaign. He's ready and willing to do it when the time comes. She wants

:13:10. > :13:13.to be Queen Nick is what they say. It's exactly six months to the day

:13:14. > :13:18.to the vote in September. How are the polls looking? The polls are

:13:19. > :13:24.tight. It looks like it's going to be a tight result. The last poll was

:13:25. > :13:29.in the Daily Record last week, which had if I remember rightly, no ` 39,

:13:30. > :13:37.sorry, let me get this right. Now that is a story. Yes, 39. No 48.

:13:38. > :13:43.That's the way it was. If you strip away the don't knows, obviously I

:13:44. > :13:46.sound a bit undecided myself there! It's 45, 55, in favour of staying in

:13:47. > :13:51.the UK. There's six months to go. It's tight. It's a big task to turn

:13:52. > :14:01.around that kind of lead. But they're a capable team. Indeed, the

:14:02. > :14:04.suggestion is that Mr Salmond is the kind of man that people will follow

:14:05. > :14:09.in the way that Nigel Farage hopefully feels that he can be that

:14:10. > :14:12.kind of person for his party. The race has tightened a little bit.

:14:13. > :14:17.Yes, and you see the Westminster parties trying to work out what

:14:18. > :14:22.their offer is. You had Scottish Labour today setting out its

:14:23. > :14:25.devolution offer if Scotland doesn't vote to go independent, which

:14:26. > :14:30.includes devolving more powers on welfare, for instance. Now Labour

:14:31. > :14:34.was given a scare by the SNP on the bedroom tax, which it eventually,

:14:35. > :14:39.after a campaign by the Record, decided to back repeeling. We will

:14:40. > :14:43.be back in an hour's time. Many thanks for that. Stay with us here,

:14:44. > :14:44.at the top of the hour we have much more on the situation in Ukraine.

:14:45. > :15:04.But now, it's time for Sportsday. Hello. Welcome to Sportsday. Here's

:15:05. > :15:07.what's on the way tonight: Chelsea march on in Europe as they cruise

:15:08. > :15:12.into the quarter finals of the Champions League.

:15:13. > :15:17.David Moyes is defiant, as he faces questions over his Manchester United

:15:18. > :15:18.future. And England