01/05/2014 The Papers


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

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the Sunderland game. And, a shock for Ospreys.


Are the broadcaster Henry Bonsu, and the former trade minister, Lord


Digby Jones. The Metro leads on the inquest into


the death of Peaches Geldof. The Express focuses on rising house


prices. The Telegraph says dozens of grammar schools in England are


planning to discriminate against middle class pupils when choosing


admissions. A housing bubble is now the brightest hazard light on the


Bank of England's dashboard, according to the FT. The Guardian


leads on the refusal of barristers to represent defendants, in protest


at legal aid cuts. And the Mirror reports the apology from Jeremy


Clarkson following allegations that he used an offensive term. The Sun


reports on the death of Peaches Geldof.


We are going to start with the Times. ?140 million flats sets


record for property in return. There is only one person around this table


who could afford that. That is a presenter at the BBC! I must be


earning a fortune! This is outrageous, isn't it? I can't even


get excited about it, I really can't. We were talking about this


earlier, and I just don't see that as a significant thing. If you have


got the man, Eastern European and Russian money, you have got


supplier, a very nice apartment in a very desirable part of London, it is


worth what someone will pay for it. I don't find that a problem. What is


significant, and why it deserves a headline, is when you link it in


your report earlier about where the papers are today. The Financial


Times talking about, do we have a housing inflation problem which will


bring on interest rate rises? In the Daily Express was talking about


these people... You have just said you can't be bothered with this


story. The underlying thing about our property prices going out of


control, is hugely important. That is why it is on the front page! But


the big flag, that is what I can't understand. That is what grabs you


and brings it into the story. That is symptomatic of a bubble.


Absolutely, but what is driving that end of the bubble. ?10,000 per


square feet, that is insane. Polished marble floors, we are


talking about... You can pronounce it, as well! Of course! Do you live


in a ?140 million flat? No, I don't. I transcend politics! We are talking


about huge capital flight because of the Ukrainian crisis. People are


taking their money out and investing it in London. Some people will


benefit, but what will it do for the market? It drags it up, 140 million


at the very top, but that does drag up... It depends where you are a


teacher. We are in agreement about this, London is a citystate. It is a


different country. It has different asset values, crime issues,


transport issues, wage issues, immigration issues. It is a


different place. We should stop thinking of it as part of the UK,


and see it as an individual citystate. If you today are small


businesswoman in Manchester, Birmingham, Cardiff, Newcastle,


believe me, you are not experiencing growth in this economy because of


property prices. But if you are priced out of the capital, you will


get on a train and you will go a bit further north, and you will increase


the prices. Because a Ukrainian or a Russian walks in with a Russian


walks in with ?140 million adviser flat, that is not increase a


property in Grantham, believe doesn't. It gives people the


perception that the economy is doing far better than it really is, and I


think we will be in for a shock at some point . I think they will try


to dampen down supply of money, and therefore you will have a small


business in Manchester paying more for the money at the time when they


need better access to capital. Leave me, the man he paid 140 million quid


did not borrow it. He probably paid in cash. Is his name in their?


Absolutely not. Let's go to the i. A judge faces jail for lying to the


police. Constance Briscoe. This is a part`time judge who is now facing


jail time, it would appear. She has courted publicity, about alleged


abuse visited upon her by her mother. She was a close friend of


Vicky Pryce, the former wife of Chris Huhne, and she overreached her


hand and said things that were false, and that is one of the


reasons why she has been convicted. A high`profile black woman, very few


female black judges, she should be a role model. Of course, now she has


fallen from its pedestal, one that she set for herself. I remember her


being very clear about law and order, she is a judge, and very


judge mental about other people. I remember when someone got in trouble


about tweeting about people wanting to play divide and rule, and she


jumped on that. Now, she will have very few friends in the black


community. I think that is absolutely right. A couple of proxy


speeding points. It is the perversion of the course of


justice. It happen to be something that is not that important in terms


of fact. It is hugely important in terms of the law. One thing Britain


excels at more than anyone else is the rule of law. And respect before


the law that we are supposed to have. We are all equal in the eyes


of the law, our judges are not corrupt, when we find that they go


the long way, you have got to come down hard. Otherwise, what do you


believe in? I was just about to say, this is a bit... No talk about that!


The humbling of Clarkson. Let's bring up the front page of the Daily


Mirror. I beg for your forgiveness. Jeremy Clarkson apologises over the


N word. He posted a video of his apology. Let's have a look at it. I


realise that in one of the mumbled versions, if you listen very


carefully with the sound turned right up, it did appear that I have


actually used the word I was trying to obscure. I was mortified by this,


horrified, it is a word that I loathe. A word I loathe, that is the


N word. He was talking about the nursery rhyme, any meanie `` he said


that he mumbles where the offensive word would normally occur, and in


the third I didn't say it, and I replaced it with the word teacher.


He was saying that in one of the versions, that he had actually used


the word he was trying to obscure. Is that a watertight apology? I


wouldn't like to be running his defence. At the end of the day, this


man is virtually all powerful, he is omnipotent, an immense box office


for the BBC, staggeringly role model `ish Fourier certain kind of person.


`` for up . He is immensely powerful, why did he


even start the nursery rhyme? Why didn't he just say I'm not saying


this, I'm going to use another example. To get himself into that


position in the first place, then when he gets to a position where you


say, if he turns the sound, perhaps it could have been... It's


extraordinary! It's offensive! Henry, some people would say that


this is the logical extension of allowing a man who does live on the


edge, he likes to get into scrapes, and is part of his USP, and people


enjoy that. It is partly why Top Gear has done so well. If you allow


things like, feckless Mexicans, or things like that, or the suggestion


that he mentioned Burmese slopes, having allowed all of that in the


past, is the fault is not in the door of the BBC? It pays him ?1


million a year, and he gets ?40 million for the worldwide sales of


top gear. He has been allowed to push the boat out, he has probably


been told, you are not allowed to do this, but keep it going, it is a


successful formula. There is no proof of that. When you consider


histories of nursery rhymes like this, what do they hark back to? A


time when black men could be lynched for looking at a white woman in the


deep south of the US. Let's go and have a picnic, what does that mean?


Go and find a black man and string him up. Remember 2005, are you


thinking what we're thinking? That is what he was doing. I think there


is something in this for the BBC. If it wasn't so staggeringly


remunerative, I think there would be a different judgement. Do you think


it would be fired or taken off the air? I'm not the boss of the BBC,


I'm not here to pass judgement, but I do think that his immense success


will influence how this is dealt with. Somewhere in this article in


the mirror, a BBC source said, it is his last chance. I think the public


are entitled to believe that that means what it is. If you are at the


BBC, and you are planning this, you think, there is another channel that


would pick him up in the morning. The BBC, I was so privileged to do


the troubleshooter series with the BBC, and they did it internally, and


I learnt about some of the most fabulously professional competent


people, and the BBC brand itself has some skin in the game. He won't want


to go anywhere else, because it won't have the global reach of the


BBC. It is big stuff. The Financial Times, China fought against data


showing its economy was in top spot this year. Many of my globalisation


speeches have been going on about how China is now in the top table.


America is not falling away, she's just got company. Military power


these days means a lot, but how much when it is never used? Therefore,


economic might is becoming the boss. China, statistically, is becoming at


least one equal, and possibly first. The problem is, it carries


responsibility. It carries people who say, we will league now, we are


in the spotlight. People scrutinise you. It says that, this data has


shown that they were number one in the world a year ago, and for the


last year they have been saying, don't tell anyone! So they are


trying to tell the rest of the world that they are not as economically


mighty as they are? They don't want all the responsibility that comes


with leadership. There are a lot of countries that find themselves


regraded, such as Nigeria, and what does that mean? We start looking at


it more closely, we look at defences between rich and poor, Boko Haram,


bombs going off, and we look at that. But there are lots of


countries, and I do a bit of work with the UN and OECD, and middle


income countries, there are shocks that go with it. Some funding pulls


out, China is the largest economy, there will be consequences. And that


word responsibility. Lord Jones, you are the troubleshooter. You say you


help businesses realise their potential, ruffling fig feathers and


bruising egos. When you coming to look at the BBC ? I wanted a


mainstream programme that didn't shout, you're fired! At young


people. I think Twitter might want to have a few people say a few


things on that. It has been great having it.


At the top of the hour, at midnight, more on Gerry Adams, who is still in


police custody. Hello and welcome to Sportsday. I'm


Mike Bushell. Chelsea assistant manager Rui Faria


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

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