16/04/2014

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:00:00. > :00:00.news from the Commonwealth games, as Scotland named their diving and

:00:00. > :00:14.swimming squad. Cricket from the IPL as well. That is with me in 15

:00:15. > :00:19.minutes after macro `` after The Papers. Hello and welcome to our

:00:20. > :00:26.look ahead to what the the papers will be bringing us tomorrow. With

:00:27. > :00:28.me are Kiran Stacey, political correspondent at The Financial Times

:00:29. > :00:36.and the political journalist and blogger Susie Boniface, aka the

:00:37. > :00:44.Fleet Street Fox. I am a Liverpool fan! Tomorrow's front pages.

:00:45. > :00:47.Starting with the Independent. The picture shows relatives waiting for

:00:48. > :00:51.news of loved ones following the South Korean ferry sinking. It

:00:52. > :00:56.carries news of a breakthrough in cancer treatments. That is the top

:00:57. > :01:02.story in the express, including a photograph of Angelina Jolie saying

:01:03. > :01:05.that she will give up acting. The news that Britain should be

:01:06. > :01:11.unashamedly evangelical about its question faith, according to David

:01:12. > :01:15.Cameron. This is the headline on the front of the Metro with a picture of

:01:16. > :01:19.the ferry that sunk off the coast of South Korea. The mail is claiming

:01:20. > :01:24.that one in 16 patients pick up a bug in what they call" filthy

:01:25. > :01:29.hospitals" . The Times claims that pro` Russian militia in Ukraine are

:01:30. > :01:34.being directed by Army intelligence agencies. The Financial Times says

:01:35. > :01:38.that corporations are lobbying governments not to impose sanctions

:01:39. > :01:41.against Russia, in fear of a retaliation that could affect

:01:42. > :01:47.profitability. Let's start again, Kiran Stacey, with the times. The

:01:48. > :01:56.story that has dominated the news agenda today. It probably will for

:01:57. > :02:01.the next few days. There are a few bodies that are still to emerge from

:02:02. > :02:05.this wreckage and South Korea. We are getting messages from some of

:02:06. > :02:10.the people who were on board. The Metro, which we may see later, has a

:02:11. > :02:13.heartbreaking one from one of the teenagers on board, saying that I

:02:14. > :02:19.love you, I think we are going to die. What can you say? It is a

:02:20. > :02:25.tragedy. There will be questions to be asked, why were people told to

:02:26. > :02:30.stay still? Why could no one get out of the situation? Why did sink so

:02:31. > :02:34.fast? Was it safe? At the moment I think they will spend the next few

:02:35. > :02:39.days trying to fish bodies out of the sea. Obviously, as time goes on,

:02:40. > :02:42.the chances of finding survivors, there may be at pockets and some

:02:43. > :02:49.have survived for lengthy periods of time after this kind of disaster.

:02:50. > :02:54.But the hope is really fading fast. I feel sorry for those pictures we

:02:55. > :02:57.have seen of parents on the dockside, they are waiting for

:02:58. > :03:02.lifeboats to come in and see if their children happen to be one of

:03:03. > :03:07.the lucky ones on their own not. To stand there and wait and not know

:03:08. > :03:11.and not able to do anything. It is so far away out at sea, you cannot

:03:12. > :03:14.look yourself, you have to stand there and be terrified. The mind

:03:15. > :03:18.boggles at how you would feel. Staying with The Times, the

:03:19. > :03:27.recovery, that brings great rises closer. It is all good news? It is

:03:28. > :03:34.great, and Unicorns are skipping down the high street as well! Stop

:03:35. > :03:40.it! The cost of living crisis, per se, it has come to a formal end.

:03:41. > :03:45.Wages are rising, at the same rate as inflation now. If you strip out

:03:46. > :03:50.people on bonuses, that is not only bankers, but banking clerks,

:03:51. > :03:54.salesmen, those earning commission, bonuses are not only in investment

:03:55. > :04:00.banks. If you strip out those, the basic wages are still below the rate

:04:01. > :04:07.of inflation. It is not amazing. In the public sector it is even lower,

:04:08. > :04:11.you are the least important people in the country, as far as the

:04:12. > :04:15.government is concerned, and it does not include people going into

:04:16. > :04:20.self`employment. Two years ago I took redundancy, and I run my own

:04:21. > :04:25.company. I am properly the Tory dream, but pay less tax than I used

:04:26. > :04:30.to. I don't pay as much national insurance, I am not doing what I was

:04:31. > :04:36.when I was an unemployed member of staff. Why is Ed Miliband the

:04:37. > :04:44.Shildon to win the next election? ``shoo`in. A journalist wrote that

:04:45. > :04:49.they have run out of corner. The whole election, the drum that they

:04:50. > :04:52.were built in, the cost of living crisis, this is a nightmare. It

:04:53. > :04:56.was, but plainly, it was going to come to an end at some point. It now

:04:57. > :05:00.seems to have come to an end before the election, what will they now

:05:01. > :05:06.argue about? They will talk about the attacks on the poor, or the

:05:07. > :05:11.disabled, or the bedroom tax. They cannot keep going on about it... It

:05:12. > :05:17.is not only the fact that the economy is improving and doing well,

:05:18. > :05:22.people are doing better... No? That is Labour 's problem, Labour came in

:05:23. > :05:27.and said the cuts were going to completely grind the economy to a

:05:28. > :05:30.halt. That happened for a while. Growth started to pick up. They said

:05:31. > :05:33.it was not great that was the problem but employment. Jobs began

:05:34. > :05:37.coming back, it was not employment that was the problem, but people 's

:05:38. > :05:41.wages are not rising in line with inflation. And now that is starting

:05:42. > :05:46.to happen... Where do they go? They have a very good case to say that

:05:47. > :06:04.energy bills are still high, train fares are still high... But as

:06:05. > :06:07.people feel more optimistic, they think things are going to get better

:06:08. > :06:10.in future, and they are less likely to think that Labour are going to be

:06:11. > :06:13.the party for them. There is no big amazing policy saying that we can

:06:14. > :06:15.clean up politics, and own career politicians. There is no big idea

:06:16. > :06:19.that we are not the other guy. `` and end career politicians. They can

:06:20. > :06:27.try and coast through and be part of a Coalition. Or something. I think

:06:28. > :06:31.there are some valid things they could say but it is difficult to get

:06:32. > :06:39.across. No they are not, they have to say that those running the

:06:40. > :06:44.country are busy. You can say that the economy is improving but look at

:06:45. > :06:47.how the society has changed. Look how we are treating the most

:06:48. > :06:52.honourable and poorest. Child poverty. That is what this election

:06:53. > :06:55.is about... `` vulnerable. These are not big economic changes which is

:06:56. > :06:59.what people want from Labour. You could say, for example, we have

:07:00. > :07:05.growth now, but look at what it would cost you. It's huge amount of

:07:06. > :07:10.money. That would be an economically viable thing to say. It is difficult

:07:11. > :07:13.to get that across. Or, they could say, that what has started to happen

:07:14. > :07:17.in the last few months is that the government started spending again.

:07:18. > :07:22.Not a lot of people realise that the government spending has increased

:07:23. > :07:26.overall. You are starting to see the worst of the cuts coming off. What

:07:27. > :07:34.you had at the beginning is tax rises. That stalled the economy.

:07:35. > :07:39.Once they started being stopped, or reversed, the economy began to pick

:07:40. > :07:45.up. Labour could say that. They do not want to give the government the

:07:46. > :07:49.credit of the economy picking up. Labour will find it difficult.

:07:50. > :07:55.Except for the fact everything is in their favour. They just have to wait

:07:56. > :07:59.for the majority. The electoral mouth could help out. This is your

:08:00. > :08:09.story, Kiran Stacey, I hope it is a good one up! Business frustrates

:08:10. > :08:13.sanctions push? This will not surprise people. We are seeing

:08:14. > :08:21.Russia pushing further into Ukraine. `` I hope it is a good one! In the

:08:22. > :08:29.last few days we have seen pro` Russian forces, we are pretty sure

:08:30. > :08:33.they are Russian forces, in Donetsk. In government buildings. We have

:08:34. > :08:37.seen pictures of tanks rolling down streets, with people in camouflage

:08:38. > :08:40.and holding Russian flags. The Kremlin and Moscow will claim they

:08:41. > :08:46.are pro` Russian forces in Ukraine, as if they have somehow got tanks in

:08:47. > :08:50.their back garden in Ukraine when this happens. It is clearly Russian

:08:51. > :08:55.orchestrated. What do we do about it? So far, almost nothing. When

:08:56. > :08:59.Russian troops cross the border, we will go into phase three of

:09:00. > :09:05.sanctions, that means big trade economic sanctions. It means a big

:09:06. > :09:09.frown! The people who are really worried by the multinational

:09:10. > :09:20.companies. They say if you do this, Russia will punish us. BP has a 23%

:09:21. > :09:25.holding in a Russian company. What happens if we put harsh sanctions on

:09:26. > :09:30.the Russians, they can turn round and freeze that holding. BP is among

:09:31. > :09:35.a group of Western companies lobbying hard for us not to go in.

:09:36. > :09:41.It looks like they could win. We have in punitive action being taken.

:09:42. > :09:46.It seems like it is big business that runs the world? Yes,

:09:47. > :09:51.basically. Go figure. Human rights, and staying in your own borders, and

:09:52. > :09:54.being pleasant to your neighbours. International law. Democracy, all of

:09:55. > :10:00.that stuff, no, because of money. That is it. That is the rule.

:10:01. > :10:05.Russia, China, a few other people, they can get together and roll

:10:06. > :10:11.across Europe and the West Hemisphere and BP, it is OK, we have

:10:12. > :10:19.investment in them. Do not worry your little heads! Is that,

:10:20. > :10:22.fundamentally, it? Yes. If you ask a minister, they would make one of two

:10:23. > :10:30.points. British companies are at risk, smaller companies, . You have

:10:31. > :10:35.companies who supply the big ones. Smaller companies. That feeds into

:10:36. > :10:39.Susie 's point? If he goes into Latvia and Estonia and Ukraine,

:10:40. > :10:45.everyone else along European edge, there will be little people who are

:10:46. > :10:48.seriously affected. The other question... The rule of

:10:49. > :10:51.international law, that is free important. True, but the other

:10:52. > :10:56.problem is, would anything we do have much of an effect? What we

:10:57. > :11:00.could do that would have an effect would be to go after Russian

:11:01. > :11:08.oligarchs here. Who Vladimir Putin relies on a lot. The is... No, we

:11:09. > :11:12.are not. `` the problem is. They could sue and it would stand up in

:11:13. > :11:15.court. They would say they have nothing to do with the Ukrainian

:11:16. > :11:19.problems. The government thinks there is not a lot we could do that

:11:20. > :11:27.would be effective. They will do a few things. We have slapped acid

:11:28. > :11:33.freezes and travel bans on people. `` asset. Next, we will try not

:11:34. > :11:36.inviting them to Christmas! What about the Financial Times. This is

:11:37. > :11:40.going to depress you as well! I think this is a brain tidier. New

:11:41. > :11:49.Zealand research has shown that, they had a system of honours, it

:11:50. > :11:53.shows in some industries, particularly in those where there is

:11:54. > :11:58.less competition, if you offer the bosses of those industries honours,

:11:59. > :12:02.they do not sack people. It is great. We have a few industries over

:12:03. > :12:06.here that have an effective monopoly. Like energy companies and

:12:07. > :12:10.train companies. If, all we have to do, it seems from this research, is

:12:11. > :12:15.dangle around a few knighthoods, that will do the trick. They will

:12:16. > :12:19.stop letting people off and raise prices. And behave like normal human

:12:20. > :12:25.beings! Is that true? It already happens. Business people have two

:12:26. > :12:37.act. Is it going to really affect strategic vision for a company? A

:12:38. > :12:40.possibility they might get an OBE? There are fewer job losses if this

:12:41. > :12:45.is a possibility. But wouldn't it be great if they had a bit of a whisper

:12:46. > :12:50.and said look, mate, there's something in it for you. That isn't

:12:51. > :12:56.all good news. There are shareholders which want companies to

:12:57. > :13:01.be run efficiently. Keeping people on in a company dying on its feet is

:13:02. > :13:08.not always a good thing. Pensions on Shell. Government telling workers

:13:09. > :13:16.when they will die. Basically, in the Budget, it was announced

:13:17. > :13:18.pensioners would be allowed to choose what they do with their

:13:19. > :13:25.pension money when they retire. There was a big bottle. If people

:13:26. > :13:29.live longer than expected, they might be running out of cash, not

:13:30. > :13:33.getting the right advice, they can still make mistakes, and it may be

:13:34. > :13:37.the state would have to bail people out. That's not great. Unfortunately

:13:38. > :13:42.at the time, a government minister said we don't care if people buy a

:13:43. > :13:47.Lamborghini with their pensions, that is fine. I don't recall a

:13:48. > :13:51.government minister saying that. They did, I'm pretty certain. What

:13:52. > :13:58.is happened is they have screwed the whole thing up. Now they have said

:13:59. > :14:03.they have had an idea. It is only an idea, not necessarily definitely

:14:04. > :14:08.going to happen. The idea is that when you get older, you can ask your

:14:09. > :14:14.doctor to give you a predict that time of death. Your doctor will not

:14:15. > :14:20.give you a proper health screen, but show you a chart for what the

:14:21. > :14:24.possibility is. It is the same as looking at a chart and saying people

:14:25. > :14:30.in your area are usually five foot nine. There is a huge curved, it is

:14:31. > :14:35.a waste of time. A few seconds on the Daily Telegraph. The PM says

:14:36. > :14:43.Britain should be unashamedly evangelical about Christianity. I

:14:44. > :14:48.suspect this is a cynical ploy to win over Christian voters who feel

:14:49. > :14:53.alienated. They think that food banks are rising, and he is not

:14:54. > :14:56.being very Christian with regards to the poor. Also the government's

:14:57. > :15:06.policies on things like gay marriage. Maybe Labour should be

:15:07. > :15:09.doing this. Maybe, but I have would hope they would not. He has been

:15:10. > :15:14.criticised by bishops for his policies, he is now insisting he is

:15:15. > :15:21.a very Christian guy. He said that big society was Jesus' idea. I don't

:15:22. > :15:29.remember Jesus at smashing restaurants and then throwing money

:15:30. > :15:36.to apologise, allegedly. If he is like Jesus, we get to nail him up to

:15:37. > :15:44.a tree next Friday. And on that note, in this Easter week, it has

:15:45. > :15:51.been great having you on. Many thanks for that. Stay with us,

:15:52. > :16:05.because much more on that disaster in South Korea. But now it is time

:16:06. > :16:08.for sport. Hello and welcome to Sportsday. I'm Olly Foster, here's

:16:09. > :16:09.what is coming up tonight.