25/04/2014 The Papers


No need to wait until tomorrow morning to see what's in the papers - Martine Croxall presents a lively and informed conversation about the next day's headlines.

Similar Content

Browse content similar to 25/04/2014. Check below for episodes and series from the same categories and more!



159`7 `` trailing 9`7. We will have the live sports results, that's in


15 minutes after the papers. Hello. Welcome to our look to what


the papers will be bringing us tomorrow. With With me are Jennifer


Howze, co`founder of BritMums, and Martin Bentham, social affairs


editor of the Evening Standard. Welcome to you both. Tomorrow's


front pages then, starting with The Independent.


It blames Barack Obama for the collapse of the Middle East peace


process which it calls a betrayal of the Palestinians.


The FT leads on the Government's decision to cap RBS bonuses. The


Mail says the teenager cancer patient Stephen Sutton has sparked


one of the most extraordinary fundraising campaigns the country


has ever seen. The Mirror has an interview with the


former BBC presenter Susannah Reid who will launch ITV's new breakfast


show next week. Prince George is on the front of the


Daily Express. The Telegraph says David Cameron's


new treasuary Minister has called for a dramatic rethink of the high


speed two rail project. The Times says new mortgage rules


are prompting lenders to increase their rates.


And The Guardian looks at UKIP and asks why Nigel Farage has the other


parties rattled? Let's begin and start with the I and


the head headline: Bonfire of the bonuses. RBS forced to half its


bonus plan. They can do this because we own most of the bank. There are


European Union rules which say that if a bank or any business wants to


award bonuses of more than the level of the salary, 100% of salary or


more, then the shareholders can block it and because we are a


shareholder we are able to, or the Treasuary is able to block it on our


behalf and that's what they've done on this occasion. What's interesting


about this is not only the RBSveto but the other ones that have been


going on where there have been revolts and they haven't succeeded.


The Barclays one yesterday. I think it's happened with the owners of the


FT. There's been a spate of these revolts which is an interesting


trend. Before people used to ` the view was everything got waved


through, it was the same people approving pay packages for other


people of like minds and so on and nothing was going to change. This


seems to be a bit of a different wind. Is anything changing? You get


the sense there is more visible anger, but there still seems a bit


of a disconnect. Once again banks are saying we have to pay these


bonuses, we have to keep people. I am really wait g waiting for a bunch


of stories about bankers say saying I left my job here and went


somewhere else. It feels like there's that constant threat. We are


going to lose our great people if we don't pay these bonuses so we are


held ran some to it, is that happening `` ransom? I could be


convinced there is a problem if there is an exodus of talent. There


is a suggestion some are going to go to the US, for example. If that


starts to happen, we are yet to see real evidence, proper evidence


that's happened. It's always raised as a possibility. It may happen, but


I think the industry needs to make that argument more strongly and more


in concrete terms. Under these new EU rules they can still receive a


bonus of 100% of their salary. Most of us would be thrilled with that


idea. I would be delighted with about 3%. Of course there are other


ways of perks and housing allowance and those kind of things that some


these folks get, as well. They could dress it up as something different


to get around the rules. That's one of the arguments, actually what


happens is the salary is increased and they get the same amount of


money and so on. There is clearly from the Treasuary's point of view a


PR exercise here and maybe there should be. Especially if a bank is


not performing as well as it ought to. It's done very badly. Let's move


on and look at the FT. Angela Merkel warning Russia it faces fresh


sanctions as the West toughens its stance. It feels like we have been


waving the idea of tougher sanctions for sometime. Is it making any


difference? It was interesting this week John Kerry's kind of tough


anti`Russian stance, criticising it of destabilisation. I mean, they're


talking here about sanctions and it says these are going to be in the


forms, likely to add names of 15 Russian or Crimeaen individuals to


those already facing travel bans and asset freezes and the US is


considering adding banks or state`owned companies to the list of


sanction entities. That doesn't seem like huge sanctions. It could be.


It's interesting Angela Merkel is now talking about it because the


Germans are the ones who have been holding Europe back because they've


this big gas deal with the Russians. They've cancelled their nuclear


programme. They're dependent on Russian gas. They've been the ones


restraining others in the European Union who have been pushing for


tougher sanctions. That's significant in itself. On the other


hand, sanctions are still fair fairly paltry at this stage. The


Americans have come out with stronger stronger ones. It's a test


for Europe. They've still got to go to the whole of the European Union,


the 28 Foreign Ministers and get agreement. Things are dropping on


the news wires as we speak. One quote source sourcing ` one quote,


sources familiar with the matter, additional sanctions on Russian


individuals on Monday over Ukraine. This story is also on The Telegraph.


It's in a different guise with a more sort of British slant,


suggesting our army cuts have given Putin muscle. Military cuts have


emboldened Britain's potential enemies and diminished our global


influence according to the Commons defence committee, that's what


they're warning. Really? Do you think that he is sitting in the


Kremlin, ha`ha, they've cut a few battalions, so off we go? The


In relation to this, yes, it's hard to see we could be sending, 100,000


troops, deploying people down there, we had new aire craft carriers ready


to go `` aircraft carriers ready to go, I can't see that making any


difference. Nobody wants boots on the ground. The Americans backed out


of Syria and clearly would be reticent about taking on Putin. We


are hearing the Pentagon has confirmed Russian military aircraft


have entered Ukrainian air space on several occasions over the past 24


hours. It is the economic thing that's ultimately damaging to


Russia. Their economy is not in a great state. The credit rating has


been downgraded again today by one of the credit rating agencies. The


interest rates have gone up. They've weaknesses there that in the


long`term they could suffer. Let's move on to another story that's


still on the front of The Telegraph. Ministers battle to scrap HS2. A new


Minister who has warned that the ?50 billion scheme doesn't represent


value for taxpayers' money. This will be music to the ears of a lot


of Conservative MPs for whom ` they think this would blight their


constituencies. Yes, apparently lots of people who feel it's going to


blight their constituency are against it. I think it's quite


interesting how the story talks about things that she said and the


votes ` what she voted in the past. Then it seemed unclear whether the


information had disappeared from a website. I don't know. A dramatic


rethink is what is being urged. Her constituency is one of those that


the line is going to go through. I think the question with this, I mean


she talks apparently about irreversible damage to areas of


natural beauty and heritage sites. That is a concern. Personally the


bigger issue is whether it's the right investment for that sum of


money and whether actually this idea it's going to bring extra business


to the north, for example, is the right way to bring business to the


north and build the `` and whether the alternative that was raised


recent recently by one of your BBC colleagues, about a megaCity in the


north and better links. It still keeps London as the sort of hub in


the south. That's the bigger question. The Times. We have been


talk being this, it concerns a lot of people getting mortgages. Home


loan costs raised to cope with new checks. New checks that come in at


midnight tonight where anyone applying for a north has to answer a


lot more questions. Harpwiring in `` hardwiring in common sense is what


we are told it will do. It appears ` it seems to be slowing the process


down a little. The suggestion is that maybe some lenders don't want


the business at the moment. Perhaps it is eminently sensible to do


slightly better checks on what people actually can pay, especially


if interest rates might go up in the future. Certainly going from the


days when you could just walk in and say, I own such and such, it was all


self certified. This is saying that mortgage lenders are simply putting


up the rates to slow the process down, because they can't cope. That


could be a real heartache for people. Now you can only get your


mortgage approved when you have an offer in. Because property prices


are inflating, there is this whole trend reappearing of offenders,


halfway to the process, saying, can you give me an extra ?20,000 because


the price has gone up in the time it has taken for the sale? If the


lenders aren't able to get it moving quickly, quite a few buyers will be


vulnerable to that. The price might go up during the sale, but during


your mortgage vetting meeting, these can take three hours, they can ask


about things like how much you spend on trips to the hair salon. It's


important that banks are asking the right questions about your financial


picture, but some of these, they seem a little bit laughable. In


terms of delving into the specific household budget issues. There's an


interesting quote here, some lenders are deliberately inflating rates to


deter applicants while they deal with the new regime, says a broker


at Trinity Mortgages. I think the site they have to use, the website


has found it difficult to cope with demand. It will be interesting to


see what happens over the next few weeks when we all have to start


answering those questions. Let's go back to The Telegraph. It's doing


very well tonight. Third story. Parents, the online monitors, it


says. We are being encouraged to use intrusive supervision on how our


children behave online. This is coming from Keith Bristow, from the


National Crime Agency. Are you poking around to find out what your


children are doing online? Well, yes. I used to be a bit more classy


a lot safer `` relaxed about it. I might get slammed for this, but I


don't think there is anything wrong with you invading your children's


privacy. When they are young, they need to learn about the rules for


using the internet. Some of this is, yes, social media, what you should


say and what you should not say. Some of it is pop`ups, clicking on


things that can affect the security of your computer. Are you... I mean,


I don't know, I have only just met you this evening, you might be very


technically minded. Are your kids ahead of you? Well, I am in the


online and social media world all of the time, so they are not. I need


some lessons from you! My daughter is well ahead of me, I can tell you.


In one way it is sensible to have some sort of awareness. I think it


is also slightly impractical, overall. I think the real key to it


is the education thing. And trust? Yes, I have a daughter, you trust


her to do the right things. Hopefully you tell them about the


risks and let them apply themselves in a sensible way. I think the idea,


when you get teenagers now and they are spending power after hour to


keep going and... I just think it's difficult. Isn't it justified if you


are keeping them safe to be intrusive? They've got to learn to


cope with risks. In society we can get absolutely paranoid. Of course,


terrible things happen, but they don't happen to many people. There


is a danger that you get completely paranoid and destroy children's


freedom. Not just this, going out in the streets, out and about, those


kind of things. I think there is a danger that we get obsessed with a


potential risk that does exist at the price of people growing up and


learning to be individuals. But keeping tabs is not the same as


crushing their freedom. It depends on the balance, doesn't it? I thing


sometimes we think that children, and 18s in general, might be more


sophisticated about the internet and social media than they are. They


might use it a lot, but they might not know what they think. The


Express, millions face crisis in old age. Not saving enough, facing


meltdown, apparently we are sleepwalking towards financial


meltdown. We need to save up to ?600,000 to enjoy a comfortable old


age. Where is that supposed to come from? Well, who knows, these days?


It is interesting, it does not say exactly where these figures came


from. You want evidence as well? Indeed. There is an important topic,


there is something perennial about this story, we are not saving


enough, we need to think about it more, maybe worry about it more. It


is pretty alarmist. It brings appear, you know, it means millions


will be forced to rely on the state. We will come back to this story and


I will let you have your say later on. We will be back again at 11:30


with Jennifer and Martin for another look at the front pages of the


newspapers tonight. Stay with us on BBC News. Coming up at 11 o'clock,


more on those new rules that are going to affect mortgage lenders.


Now, time for Sportsday. Hello and welcome to Sportsday. I'm


Lizzie Greenwood Hughes. The headlines tonight: Happy but


nervous, Ryan Giggs says taking charge of Manchester United is the


proudest moment of his career. Brighton condemn Yeovil town to


relegation from the Championship, beating them 2`0. And


Download Subtitles