:00:00. > :00:00.breezed past Jo`Wilfried Tsonga to set up a quarterfinal with Novak
:00:00. > :00:00.Djokovic. All that and more in Sportsday in 15 minutes after the
:00:00. > :00:21.Papers. Welcome to our look ahead to what
:00:22. > :00:27.the papers will be bringing us tomorrow. With me Beth Rigby of the
:00:28. > :00:31.Financial Times and journalist and author John Kampfner. We will start
:00:32. > :00:34.with the Daily Telegraph, leading on new NHS guidance that it should be
:00:35. > :00:39.easier for teenage girls to get hold of the morning after pill, the
:00:40. > :00:43.photograph shows Mick Jagger with his sons and daughter shortly before
:00:44. > :00:47.they attended L'Wren Scott's funeral. The Financial Times has
:00:48. > :00:51.found that Wall Street banks and some of their foreign rivals have
:00:52. > :00:55.had to pay out $100 billion in legal settlement since the financial
:00:56. > :00:59.crisis. More news from across the Atlantic with the Guardian reporting
:01:00. > :01:03.that plans have been drawn up in Washington to end the systematic
:01:04. > :01:07.collecting of Americans' phone records by the National Security
:01:08. > :01:10.Agency. The Daily Mail is reporting on the appearance of the
:01:11. > :01:12.Metropolitan Police chief commissioner Sir Bernard Hogan`Howe
:01:13. > :01:16.before a committee of MPs in which he admitted not knowing how many
:01:17. > :01:19.police documents were shredded which may have revealed the extent of
:01:20. > :01:24.alleged corruption within his force. Finally, the Daily Express is
:01:25. > :01:28.leading with more analysis of what may have happened to that missing
:01:29. > :01:32.Malaysian airlines plane. An aviation expert that the paper has
:01:33. > :01:36.talked to believe there is evidence that the pilot was involved in a
:01:37. > :01:42.suicide plunge. We will start with the Financial
:01:43. > :01:47.Times, Beth, very interesting story, as the world, frankly, begins to
:01:48. > :01:51.recover from the mess of the last four or five years, we are seeing
:01:52. > :01:56.the cost of that mess to some American banks. We will also see a
:01:57. > :02:02.political shift in attitudes, and I think that is what this story is
:02:03. > :02:06.about, that 100 billion of fines in US legal settlements by Wall Street
:02:07. > :02:11.and some foreign banks in the US, half of those penalties extracted in
:02:12. > :02:15.the past year as lawmakers and regulators start poring over how
:02:16. > :02:22.banks have been behaving and where they have found misconduct, they are
:02:23. > :02:27.hitting hard. It says here, the sum reflects a substantial served in the
:02:28. > :02:30.political attitudes towards banks as regulators and the Obama
:02:31. > :02:32.administration seeks to counter perceptions that bankers have got
:02:33. > :02:39.off lightly in their role in the financial crisis. And so this is the
:02:40. > :02:43.sort of political fallout. In the US, they are going in hard with
:02:44. > :02:50.fines. In the UK, we are going hard on regulation or bonus claw`backs.
:02:51. > :02:53.We have had the LIBOR and mis`selling scandal here, but these
:02:54. > :02:58.sort of sums, we haven't seen anything like that in the UK. You
:02:59. > :03:03.talk about the perception that the bankers have got away lightly,
:03:04. > :03:06.certainly America, and that is the perception your plants, and it will
:03:07. > :03:11.continue, won't it, when you figure out the fact that not a single
:03:12. > :03:22.person has gone to jail? I don't buy this interpretation. The 100 billion
:03:23. > :03:28.figure looks startling, and American regulators have always been, for
:03:29. > :03:30.many years, tougher on the banks, and they are tougher on
:03:31. > :03:36.money`laundering. London is the money`laundering capital of the
:03:37. > :03:40.world, and in Britain we seem to have a sense of, let the financial
:03:41. > :03:44.services rip, we are a lot more lax in pretty much every area of
:03:45. > :03:48.regulation. And yes, as Clive has said, not a single banker either
:03:49. > :03:57.side, or in Switzerland or Germany or anywhere, has been convicted of
:03:58. > :04:06.anything substantial. Look at any of the mis`selling scandals, any of the
:04:07. > :04:11.sub`prime stuff, any of the pension mis`selling, LIBOR, whatever `
:04:12. > :04:16.nobody has gone to jail. Meanwhile, the British Government objects when
:04:17. > :04:21.the European Union tries to rein in bankers para`bonuses, saying
:04:22. > :04:26.somehow... I am trying to say that it is great what the Americans are
:04:27. > :04:29.doing, but it is a drop in the Oak shouldn't, and the perception among
:04:30. > :04:36.the public is that the financial services as a sector have got away
:04:37. > :04:39.scot`free. The point I would make in terms of bonuses is that the
:04:40. > :04:46.European Union might want to put forward rules, but for the UK,
:04:47. > :04:51.financial services is such a core part... Because we have allowed
:04:52. > :04:55.ourselves to be like that. But while you are rebalancing the economy, you
:04:56. > :04:59.have to be careful not to choke it. I would say as well that, actually,
:05:00. > :05:06.there are signs of things toughening up, people's dismay of these huge
:05:07. > :05:12.bonuses that are still being awarded... Still being awarded in
:05:13. > :05:20.the last few weeks! They say they are just going to increase core
:05:21. > :05:23.salaries to get away with it. The Bank of England have said that they
:05:24. > :05:29.will put forward rules to have six`year claw`backs, so that this is
:05:30. > :05:33.an effort to try and... What you are saying about no`one going to jail,
:05:34. > :05:35.the point is that until people feel they have individual
:05:36. > :05:39.responsibility, either through going to jail or having money taken back
:05:40. > :05:47.of them, then how do you mitigate risk? I think the claw`back, the
:05:48. > :05:51.idea of claw`back, you can take people's bonuses six years after
:05:52. > :05:55.they have been awarded them, that could go some way to start beginning
:05:56. > :06:01.to change the culture. I am not denying that things are not
:06:02. > :06:05.toughening up at the margins. All I am saying is that I do not see it as
:06:06. > :06:09.a greater seismic change. I think there are bits and pieces. There is
:06:10. > :06:13.probably a lot more that needs to be done, and I suspect that is the view
:06:14. > :06:18.of a lot of members of the public. The knock`on effect of the mess, the
:06:19. > :06:22.financial mess we have all been suffering over the last few years,
:06:23. > :06:28.is cuts, and at the bottom of the Guardian, cuts have left 250,000
:06:29. > :06:32.older people without state care. We were just discussing this before,
:06:33. > :06:42.interesting that there has been so much emphasis in the Budget around
:06:43. > :06:45.it being very much focused on older voters and the fascinating new
:06:46. > :06:48.flexibility for people to spend their pensions, to cash in their
:06:49. > :06:53.pensions in the way that they wish. And in many ways it is very
:06:54. > :06:56.appealing, the idea of trusting people, particularly trusting people
:06:57. > :07:01.who have been around for a while and who know the way of the world. Let
:07:02. > :07:07.them spend their pensions or save the way they wish, and discussions
:07:08. > :07:10.now about whether David Cameron will finally make good on his original
:07:11. > :07:15.promise to raise the threshold of inheritance tax. That is all the
:07:16. > :07:20.good news, and it is a certain type of older voter or older person, but
:07:21. > :07:26.obviously the flip side, according to the Guardian, hardly a friend of
:07:27. > :07:32.the Conservative coalition, is the idea of the route cuts there is the
:07:33. > :07:36.other sector of the elderly vote that is being left behind. ``
:07:37. > :07:41.through cuts. Because councils do not have enough money to put into
:07:42. > :07:45.services. What is interesting about this story, talking about the older
:07:46. > :07:51.people in our country, 250,000 is not a huge number of people, but it
:07:52. > :07:56.is symptomatic and symbolic of the kind of cuts beginning to feed
:07:57. > :08:02.through. And I thought what was pertinent about this is that Labour
:08:03. > :08:07.have been slammed a bit in the past few days because the Tories are
:08:08. > :08:11.riding high on, you know, trying to attract the silver vote through
:08:12. > :08:16.pension reform, through inheritance tax promises et cetera, or hints.
:08:17. > :08:22.But actually people are still feeling, you know, the Labour
:08:23. > :08:26.argument would be that people are still feeling the crunch, and in
:08:27. > :08:31.lower income groups, in a vulnerable groups, actually the cuts to the
:08:32. > :08:35.welfare state, the caps on welfare spending are actually hurting the
:08:36. > :08:39.people at the edges. From a political point of view, George
:08:40. > :08:42.Osborne doesn't want stories like this coming through, because it
:08:43. > :08:54.plays back into the Labour sensed that this recovery is for the few,
:08:55. > :08:59.not the many. We are running out of time. We'll go on to the Telegraph.
:09:00. > :09:05.Royal consent. The suggestion is we should stop or end the practice,
:09:06. > :09:09.which is what, hundreds of years, I would have thought, that the Queen
:09:10. > :09:15.signs off on bills and legislation. It is one of those many quirks of
:09:16. > :09:18.the British non`constitutional, constitutional system. The idea that
:09:19. > :09:24.the Queen physically signs off on bills, although she is supposed to
:09:25. > :09:27.be and is apolitical and the Commons constitutional reform committee,
:09:28. > :09:31.it's hinting, it is basically saying ` do we, everybody, want to have
:09:32. > :09:36.another look at this? Is it right that the monarch should physically
:09:37. > :09:41.be signing, because it gives the impression that she has something to
:09:42. > :09:48.do with politics and actually, she doesn't. Although lpts Go on. Go on.
:09:49. > :09:53.Well, if there is a change monarch in the future and say Prince
:09:54. > :09:57.Charles... A bit more interventionist. We get some idea of
:09:58. > :10:03.what he is going on about. He might say ` I am not going to sign this, I
:10:04. > :10:08.don't agree. Part of me thinks, that's ridiculous, the Queen signing
:10:09. > :10:12.off bills fuels speculation that the monarchy has indue influence but
:10:13. > :10:16.maybe constitutionally it would be right to properly make sure that
:10:17. > :10:20.that... To have that final little check and balance It is a very
:10:21. > :10:24.typically British way of dealing with constitutional reform, let it
:10:25. > :10:29.wither away. Let's have a committee. She gives it the nod and that part
:10:30. > :10:36.of parliamentary practice is dealt with. We can't all be hard`headed
:10:37. > :10:41.Americans like you. I'm in the American. I know you are not, but
:10:42. > :10:47.you love America. As they do at Chelsea.
:10:48. > :10:52.Oh, that reminds me. There was a football result tonight. You could
:10:53. > :10:56.be in trouble with Chelsea. We will not discuss that. You will
:10:57. > :11:00.be back later. The sport is coming up. You will be a back in an hour
:11:01. > :11:03.for another look at the stories behind the headlines. Stay with us
:11:04. > :11:09.for that. At the top of the next hour, 11.00pm, we will have the
:11:10. > :11:11.latest on the search of that missing Malaysian airlines plane. But now,
:11:12. > :11:31.as promised, time for Sportsday. Hello and welcome to Sportsday. Our
:11:32. > :11:35.headlines this evening: There's derby delight for City as they brush
:11:36. > :11:42.off United to move up to second in the table. Bayern Munich lie in wait
:11:43. > :11:44.for Moyes' Men. Today they won the German title in record`breaking
:11:45. > :11:45.style. And Andy Murray