25/04/2014

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:00:00. > :00:00.nine frames into seven. We round up the Dave's action. And we will have

:00:00. > :00:14.the live sports results. That's after The Papers.

:00:15. > :00:19.Hello and welcome to our look ahead to what the papers will be bringing

:00:20. > :00:21.us tomorrow. With me are Jennifer Howze, cofounder of BritMums, and

:00:22. > :00:28.Martin Bentham, home affairs Editor of the Evening Standard. Tomorrow's

:00:29. > :00:31.front pages. The Independent blames Barack Obama for the collapse of the

:00:32. > :00:35.Middle East peace process, which it calls "a betrayal of the

:00:36. > :00:39.Palestinians". The FT leads on the government's decision to cap RBS

:00:40. > :00:41.bonuses. The Mail says the teenage cancer patient Stephen Sutton has

:00:42. > :00:45.sparked one of the most extraordinary fundraising campaigns

:00:46. > :00:47.the country has ever seen. The Mirror has an interview with the

:00:48. > :00:55.former BBC presenter Susanna Reid, who will launch ITV's new breakfast

:00:56. > :01:03.show next week. Prince George stares from the front page of the Daily

:01:04. > :01:08.Express. The paper says he is the real star of the royal tour Down

:01:09. > :01:11.Under. The Telegraph says David Cameron's new Treasury minister has

:01:12. > :01:15.called for a dramatic rethink of the High Speed two rail project. The

:01:16. > :01:17.Times says new mortgage rules are prompting lenders to increase the

:01:18. > :01:27.rates. And the Guardian looks at UKIP and asks why Nigel Farage has

:01:28. > :01:30.the other parties rattled. We will begin with the Guardian.

:01:31. > :01:38.There he is on the front page. Nigel Farage. No MPs, one policy. Why does

:01:39. > :01:40.he have them rattled? You are from the States, where there are only

:01:41. > :01:44.really to political parties in the national elections. Do you look upon

:01:45. > :01:48.this with a quizzical attitude? That a relatively small party like UKIP

:01:49. > :01:57.can upset the other preestablished ones? It is obvious how much

:01:58. > :02:02.attention UKIP is getting. This story is interesting because it is

:02:03. > :02:10.really about Nigel Farage's personality. It talks about how he

:02:11. > :02:13.has had media training now and he has got security guards. It is

:02:14. > :02:22.almost about how the election is changing him in a way. But he still

:02:23. > :02:27.likes a pub lunch without any lunch, liquid and if you facts. This piece

:02:28. > :02:34.is a very personality driven piece. `` a few fags. He thinks he has the

:02:35. > :02:43.middle`class conservative voters. He is now heading to disaffected voters

:02:44. > :02:50.in the north. The most interesting thing here politically, it is in the

:02:51. > :02:55.subheading, says it is now time for disaffected Labour voters in the

:02:56. > :03:01.north. Hitherto the narrative has become the Tories need to worry. It

:03:02. > :03:08.has attracted people from right and left. That is a potential impact. It

:03:09. > :03:12.is not necessarily going to take people particularly from the Tories.

:03:13. > :03:19.The Tories are more worried this `` because it can stop it from getting

:03:20. > :03:22.votes in the key seats they need. But it could affect some Labour

:03:23. > :03:25.places. Some working`class Labour areas are quite eurosceptics. I

:03:26. > :03:29.think he could have an impact on some of those places. But not from

:03:30. > :03:36.the first time `` for the first time. A candidate for UKIP has been

:03:37. > :03:38.in trouble this week, for unpalatable comments that Nigel

:03:39. > :03:44.Farage has distanced himself from. This has happened more than once. I

:03:45. > :03:49.don't suppose they have got a grip on all of their candidates and what

:03:50. > :03:52.they are saying publicly. And of course they are specifying any

:03:53. > :03:58.policies yet. It is quite interesting. I think it is

:03:59. > :04:08.interesting, how UKIP might skew the election, siphon people away. We see

:04:09. > :04:11.that in America. Where another party siphon is people away, undermined

:04:12. > :04:19.support for the parties, even if they don't actually... Win a seat.

:04:20. > :04:25.you are talking about the general election, which is the key one, but

:04:26. > :04:28.even the euro elections, that could have the trigger effect in the year

:04:29. > :04:32.subsequent to the election, where people then react to the results in

:04:33. > :04:34.the elections, if UKIP does well. That could skew politics and people

:04:35. > :04:40.trying to devise ways to counter UKIP shedding panic into the party.

:04:41. > :04:45.That's all something that will be fascinating after we have the

:04:46. > :04:48.European election, which isn't far away. Do you think after the

:04:49. > :04:54.elections we could get to know some of the other personalities in UKIP?

:04:55. > :04:58.I don't think so. When you do get these mavericks who pop up and they

:04:59. > :05:02.say embarrassing things or worse, it almost doesn't seem to matter at the

:05:03. > :05:07.moment. When Nigel Farage manages to get in further, one 21 debates or

:05:08. > :05:12.the party leader debate, which it wants, whether he will or not

:05:13. > :05:20.another question, he is an engaging personality at that level. `` one to

:05:21. > :05:24.one debates. If you like Nigel Farage will like this story because

:05:25. > :05:28.it does bring out his personality and some of the things people find

:05:29. > :05:33.appealing about him. The Times, home loan rates raised. New rules to stop

:05:34. > :05:38.reckless lending that will affect borrowers. When they apply for a

:05:39. > :05:41.mortgage, they will have to answer more questions about their lifestyle

:05:42. > :05:46.and their spending habits. It appears that it's a bit of a burden

:05:47. > :05:51.on the lenders. A lot more paperwork. A big interview to go

:05:52. > :05:54.through. The reaction is to sort of put people off for a bit. It appears

:05:55. > :05:59.that some of the lenders are raising their rates. Exactly. It looks like

:06:00. > :06:06.Prince George is not very impressed! The grimace on his face. Exactly.

:06:07. > :06:12.There are a couple of things. All of these extra tax which will load the

:06:13. > :06:15.process down. And the idea that the mortgage lenders are raising their

:06:16. > :06:19.rates to deter people, because they can't cope with all of this

:06:20. > :06:23.business. There is a line saying that some are taking... The lenders

:06:24. > :06:29.are taking nine days just to open their post. That is going to create

:06:30. > :06:34.problems. As you say, we have got this new cheques coming in and the

:06:35. > :06:43.Chief Executive of the Financial Conduct Authority, the regulator,

:06:44. > :06:46.talks about how many trips to the hair salon you make. I can recommend

:06:47. > :06:57.somewhere that cost about ?6. They cut my hair and they do a good job!

:06:58. > :07:01.Anyway... It's not a surprise. You bring in a lot of new rules and

:07:02. > :07:09.admen and it affects the flow of work. We see that in our own work.

:07:10. > :07:12.But the consonant is that it makes it so much more difficult for new

:07:13. > :07:18.buyers or people to even go through the process. But given what we have

:07:19. > :07:23.seen in the past, where people were allowed and encouraged to borrow

:07:24. > :07:25.huge amounts of money, which when interest rates go up they can't

:07:26. > :07:31.afford, isn't this a sensible way of dealing with it? Exactly. In a way,

:07:32. > :07:34.all this week people have been saying, you mean they weren't

:07:35. > :07:39.thinking about what people's what it might in one year if things change?

:07:40. > :07:42.We hope for the best. We hope interest rates will stay at these

:07:43. > :07:49.historically low levels. But we just don't know. When you look at how

:07:50. > :07:53.much mortgages cost in the 1980s, up in their teens. Many people would

:07:54. > :07:57.really be defaulting on their mortgages if we were to ever see a

:07:58. > :08:06.boom like that. Even if it went up to 5% or whatever, the base rate, it

:08:07. > :08:10.would have an impact. Especially people who are highly mortgaged. It

:08:11. > :08:12.is sensible but the mortgage companies need to deal with it

:08:13. > :08:20.rapidly. They will have to get cracking on that. The i. Bonfire of

:08:21. > :08:23.bonuses. We have talked about who is receiving what in terms of bonuses

:08:24. > :08:28.this week. RBS says it will halve its bonus plan because the Treasury

:08:29. > :08:33.says they won't allow it to happen. Of course they can do that because

:08:34. > :08:37.this bank is majority owned by the taxpayer. A lot of taxpayers will

:08:38. > :08:42.say I'm at quite rightly so, what they? Yes. I think the banks, about

:08:43. > :08:55.bonuses, are still in a defensive posture. The line here is that the

:08:56. > :09:02.banks are furious about bonuses being blocked. They will comply with

:09:03. > :09:07.the EU bonus cap. They can only have a bonus of 100% of their pay.

:09:08. > :09:13.Maximum. But bankers are trying and not succeeding at justifying these

:09:14. > :09:20.high bonuses. There is still a bit of a disconnect. But they can get

:09:21. > :09:25.around it, can't they? And if not, people will walk? That's what they

:09:26. > :09:28.always tell us. That's where there is a slight lack of concrete

:09:29. > :09:32.evidence. People saying they will leave the country if rates go up and

:09:33. > :09:35.most people don't do it. Haps we need to see more concrete evidence.

:09:36. > :09:40.But there is this practical problem, that actually the evidence seems to

:09:41. > :09:44.be that they get around it by raising base rate salaries and so

:09:45. > :09:49.on. Maybe it doesn't have quite the impact. But instinctively from a

:09:50. > :09:53.public point of view I think if they aren't making money why should they

:09:54. > :09:58.be getting bonuses? They made a pre`tax loss of ?2.8 billion, were

:09:59. > :10:06.stunned since the financial crisis. It doesn't correlate with justifying

:10:07. > :10:11.big notices. And the government wants to get the Bancroft its books.

:10:12. > :10:16.This isn't going to help. Yes, it doesn't help them if they lose some

:10:17. > :10:21.of the best people. `` bank off its books. Not popular at first sight.

:10:22. > :10:32.Moving on to the Scotsman. CBI does U`turn over no votes sewn up. This

:10:33. > :10:39.is the business Confederation. `` votes sign up. It has seen a number

:10:40. > :10:49.of its members, the BBC amongst them, cancelling confederation. Its

:10:50. > :10:54.membership of the `` cancelling its mentorship of the Confederation.

:10:55. > :11:04.They now realise they can't justify it, partly because of the `` a lot

:11:05. > :11:07.of the businesses say they don't want to take a position and would

:11:08. > :11:13.stand aside. They now have to retract. Your correspondent was just

:11:14. > :11:17.making the point, quite rightly, that it could affect the CBI stand

:11:18. > :11:22.in a future referendum on the EU membership, for example. That would

:11:23. > :11:28.be interesting. Isn't it a bit late? We know they were attached to the no

:11:29. > :11:31.campaign. They say it was a mistake by an underling, it wasn't

:11:32. > :11:40.sanctioned. The big mistake and quite deliberate one. Is this

:11:41. > :11:47.indicative of a trend towards a yes vote? What was it, 18 bodies

:11:48. > :11:52.basically said, we don't want to be involved in that. A lot of

:11:53. > :11:56.businesses don't want to take a political stance but the CBI have

:11:57. > :12:01.taken a political stance, which will be controversial with shareholders

:12:02. > :12:05.and customers, viewers in the BBC's case, if an organisation takes a

:12:06. > :12:11.stance. That's where they have gone wrong. And actually of course the

:12:12. > :12:13.CBI, their record isn't great. They were advocates of us joining the

:12:14. > :12:18.euro and we were wrong about that. So, for all its great business

:12:19. > :12:23.knowledge, you wonder about how good their assessment of these things.

:12:24. > :12:30.Let's move on. The FT. Russia faces fresh sanctions at the `` as the

:12:31. > :12:34.West doesn't it stance. Since that was printed, we have more

:12:35. > :12:38.information from Washington, where the US and other countries across

:12:39. > :12:44.Europe are considering tougher than in their sanctions against various

:12:45. > :12:51.individuals. Some of the news agencies are reporting of Putin's

:12:52. > :12:54.cronies. It might not be that everybody is targeting sanctions

:12:55. > :13:00.against the same people but would it make a difference to the way Russia

:13:01. > :13:04.behaves? In the short term probably not. In the long`term it might do.

:13:05. > :13:10.The economic damage they might face in the longer term could be

:13:11. > :13:16.substantial. Not least because people will go away from dependency,

:13:17. > :13:19.`` which will take awhile on Russian gas supplies and so on. That will

:13:20. > :13:26.harm the economy. Even now, the economy is suffering with credit

:13:27. > :13:31.downgradings and so on. I think there is that danger. Whether these

:13:32. > :13:35.particular ones affect the action on the ground in the short term, I

:13:36. > :13:41.don't think so. Vladimir Putin sees himself as a hero. But are we in

:13:42. > :13:44.danger in the west of believing everything the West tells us and

:13:45. > :13:50.nothing Russia tells us? Too many people, what is happening in Ukraine

:13:51. > :14:00.is effectively a coup. They have overthrown the president who was

:14:01. > :14:08.democratically elected. I think that it is evolving very quickly and for

:14:09. > :14:15.your average reader, the issue is that Russia is being very

:14:16. > :14:23.combative. The situation is changing so quickly... I agree with that

:14:24. > :14:29.point. The Russians have a point that there is an elected government

:14:30. > :14:38.there and that we might not like what the president stood for but he

:14:39. > :14:44.was elected. That is not an absolutely ideal way of bringing in

:14:45. > :14:53.a new government, a street revolt. It raises issues regarding whether

:14:54. > :14:58.or not we should support people who overthrow people by nondemocratic

:14:59. > :15:07.means if we believe in democracy. Probably the last one, the treasury

:15:08. > :15:18.minister calling for a dramatic rethink of the High Speed two rail

:15:19. > :15:23.project. She says that it will cause severe and irreversible damage to

:15:24. > :15:28.wildlife habitats. Many people will agree with her, won't they? There is

:15:29. > :15:31.a lot of money to spend and no proof that there will be economic

:15:32. > :15:40.regeneration to the north of England. I think many people on the

:15:41. > :15:43.line will agree with it. It is the argument we were discussing before,

:15:44. > :15:49.whether it is the right way to generate investment in the North. I

:15:50. > :15:53.think that is a question that remains divisive. It puts her in

:15:54. > :16:02.opposition with George Osborne as well. He is a passionate supporter

:16:03. > :16:12.of the project. I do not know. It feels like that support that was

:16:13. > :16:20.there is anything away `` going away. It will be interesting to see

:16:21. > :16:27.what a big deal it is in the lead up to the general election. Lovely to

:16:28. > :16:30.have you with us. Stay with us here as we have more on the developing

:16:31. > :16:42.situation in the Ukraine where pro` Russian forces have captured

:16:43. > :16:50.international observers. But coming up next it's time for Sportsday.