06/05/2014 The Papers


No need to wait to see what's in the papers - tune in for a lively and informed conversation about the next day's headlines. Presented by Clive Myrie.

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And Roger Federer and his partner have welcomed twins for the second


time. That's in the sport in 15 minutes.


Hello and welcome to our look ahead to what the papers will be bringing


us tomorrow. With me are financial analyst Louise Cooper and Michael


Booker, deputy and editor of The Daily Express. Tomorrow's front


pages. The Independent quotes Vince Cable and his comments on the


proposed takeover of AstraZeneca. He says Britain's future should be as a


knowledge company, not a safe open `` safe haven. The Mail says,


squeeze on help to buy mortgages. The experts make claims British


police would excavate a `` of 25 sites at the holiday resort where


Madeline McCann went missing. The Mirror says British police have


a new lead in the case. The Guardian says an NHS initiative


has been put on hold after the Cabinet office queried its


credibility. Financial Times leads with


AstraZeneca and a warning from Sweden about promises Pfizer failed


to live up to when it bought a Swedish company.


And the Times says medics and MPs are joining forces to demand justice


for NHS whistleblowers who lose their jobs.


According to The Daily Mail, a squeeze on help to buy mortgages.


The controversial scheme to make mortgages cheaper is expected to be


reined in? This is what we have been told. It


has been said that something needs to be done about the housing bubble


which could upset economic growth in Britain. They are overcooking this


bubble, which we believe is mainly in London, which is interesting when


you look at the Help to Buy scheme. It is most popular in the north`west


and Scotland, where prices are around ?150,000. Whereas in London


the average price is about ?500,000, which is where the bubble is.


Interesting that it seems to be the thing they will go out, rather than


making people get higher deposits and scrutinise mortgage


applications, it is the people who are benefiting the most in areas


where prices are as... Well, the bigger bubble. There might be


smaller bubbles all over the place. Interesting that this is where they


will be attacking it. There seems to be a growing consensus, that it is


beginning to potentially, certainly in London and the south`east, to be


getting out of control. If I was going to be really sceptical of


George Osborne possible motives, a housing bubble has helped the Tory


chances of getting re`elected in 2015. It has boosted their offers


slightly, with stamp duty and inheritance tax, and also the help


to buy scheme will boost their coffers because the government


shares and any upside to a house price is secured. If they aren't


elected and they don't win the 2015 election and we have created a house


price bubble, Labour have to clear up the mess. Politically, it's a bit


of a win`win strategy. It just shows how obsessed we have now become with


house prices, because you mentioned earlier the new questionnaire that


you have two fill in if you want a mortgage. There was a joke, I don't


know if you watch the TV show Vera, but the detective sidekick Compleat


to his wife how much she spent at the hairdresser on their mortgage


application. `` complained. We have clearly become far too obsessed with


house prices. We do love talking about it. It's fine if you have got


a house but if you haven't you are really in big problems. Especially


with Help to Buy scheme. It's helping overwhelmingly first`time


buyers. The thing tanks say we should raise deposits. Other people


say interest rates should rise. Is this the easiest and quickest fix to


look like you are doing something? It is the simplest thing to do. It


is also the thing that you as the government introduce. You can just


grey matter back a little bit. `` Rain in a little bit. George Osborne


did say in Brussels yesterday, we should be vigilant about the housing


market. This government has given the Bank of England the power and


tools to do that. There is speculation the Bank of England


might do something, to do with the Help to Buy scheme, asking the


government to produce it, but the Bank of England might do something


next month. The Times, pressure grows to deliver justice for


whistleblowers. MPs join doctors and nurses to come `` to condemn NHS


sackings. A lot of pressure put on the new head of the health service


is to look into cases, especially of six former staff and they have asked


for a public enquiry after people have had genuine concerns about


things going on an NHS and came forward with these concerns. Instead


of being looked at carefully and looked after, for what they were


prepared to do, they ended up losing their jobs and being vilified.


Trying to get jobs within damages again they found themselves


blackballed completely. You can understand why people are upset. Now


we have a group representing nurses wanting an enquiry into these cases.


The Times have a sad case of a radiographer who for 27 years worked


in the NHS, in London. She noticed that on her colleague's timesheets


that doctors were claiming for shifts that they shouldn't have. She


was a whistleblower, came forward and she was then investigated for


fraud and she then lost her job. Can't get a new one. She has been


applied for many other jobs but when it comes up that she was a


whistleblower the jobs melt away. So, she is now... And as a


radiographer, the NHS is public the one real employer. She now has


breast cancer and experts say it is as a result of the stress. I'm sure


there are other people, and there are other cases, where people have


been vilified. At Jeremy Hunt said, especially after the Mid


Staffordshire case, that the NHS would protect whistleblowers. The


point about whistleblowers in the whole of society, they actually play


a vital role because regulators are generally pretty incompetent. The


best people placed to highlight things that are going wrong in the


financial sector in the NHS, wherever, are whistleblowers. If you


look at the financial sector, I think it was one of the big banks


that actually did whistleblower. I read an interview from the guy. He


said his life was destroyed. He couldn't get a new job, he was very


ill, the bank turned around and sued him. In America, the American


regulator for the financial industry does actually pay whistleblowers are


better `` a percentage of any fine imposed on the wrong firm. I think


it's not just the NHS. Whistleblowers are very important


for society and they should be treasured and looked after, whereas


it seems in all sections they are actually vilified and treated


shabbily. People care so much about the job a lot which is why they come


forward. These are the people we want working in these institutions.


Yes. Staying with the Times. The busy turmoil as Lord Patten quits


after heart surgery. Very sad story for Lord Patten. Clearly loved his


job at the BBC and clearly very unwell at the moment. It does


question the BBC's succession policy, as in companies that plan is


to have a whole bunch of people coming up ready for the top job and


there is a collation that perhaps the direction `` director`general at


Birkenhead could step up. Clearly the BBC has had its fair share of


scandals and problems over the past few years. It needs somebody at the


top taking control and taking responsibility for some of the


things that have gone wrong and some of the ways to change it going


forward. A big job one would hope and that it gets big routes to fill


it. He did have a pretty difficult time as chairman of the trust. The


digital initiative, no one here knows what that is about. The Jimmy


Savile enquiry, of course, a disaster. And executive payoffs. A


lot of that stuff had nothing to do with him. On human terms, that has


probably had a huge effect on his health. The stress of all that, what


he has gone through, obviously there hasn't been a huge amount of


sympathy before we found out about his heart problem. In those terms,


those three years must have been hell. We think sometimes these


people are bullet`proof but it has to affect them. He is probably


better off out of the BBC at the moment but it leaves the BBC with a


huge problem. Finding a replacement probably won't be easy. Over to the


Financial Times. Swedish alert over Pfizer push for AstraZeneca. The


Swedes say to be careful in allowing this to happen. This is Sweden's


finance minister who says that back in 20 `` back in 2002 when Pfizer


took over a company there, they made some very strong commitments, of


course we have worries about jobs and research in this country, about


7000 jobs at stake here, and he says they made strong commitments to


research present in Sweden. He says they can overcome to the conclusion


that they scaled down and focus on cost reduction. It seems that what


they said upfront, they didn't actually deliver on. We have


politicians from all sides, we have various views. Vince Cable is


looking at this closely. Ed Miliband looking at it closely as well. There


is a story next to this on the Financial Times' FrontPage, that


voters are turning against the business culture. Two thirds of


voters, `` want the government to be tougher with big business. You can


therefore understand why the Lib Dems and Labour are looking at this


closer because they can see that it is evolving. If they are going to be


on the side of jobs, rather than big reason is, coming in and flashing


big paycheques... But should politicians be getting involved? Is


about shareholders. Politicians should look at it but they should


not be tempted to interfere too much. What's the point of looking at


it then? French model, which is to protect business, when the French ``


when the French yoghurt maker was interested in buying Danone, the


French said it was in their interests to protect yoghurt. I


would hardly say the French model is one to mimic because the French


economy is in pretty dire straits and many of their businesses are not


doing well. Being protectionist hasn't worked for the French. One


comment I would make is AstraZeneca, by refusing to speak to


Pfizer and driving the offer price up, if Pfizer ends up paying more


money for AstraZeneca, they will drop more jobs because they need to


make the financials work. So, I would caution AstraZeneca management


to be too aggressive demanding very top dollar from Pfizer because that


means Pfizer will have to cut even more cost to make the deal work.


We will see what happens with that. Onto the Express. Your paper. The


world's greatest. He says that without a smile. On the front of the


paper. Release of prisoners as police step up hunt. A man on day


release, even though he was supposed to be stepping `` serving three life


sentences. Michael Wheatley. This has been going on since Saturday.


This guy, 13 life sentences, just walked out of prison in Kent. He got


that nickname by pistol whipping victims during bank raids. You


wonder, it sets off alarm bells, but at the same time, the liberal in


the, you don't hear of all of the guys who come out and back in. This


is a remarkable case. There are thousands of these guys everywhere.


You can understand why Tory MPs have had a go at the officials who


allowed this one out AT hasn't come back. Then again, we are dealing


with the rationale of a guy called the Skull Cracker. But he had to


serve at least eight years. He has done that. That's the law. But he


hasn't stayed within the law now. He can't be trusted. I find it bizarre


when we talk about politicians wanting to get re`elected. You do


actually have the power to do something about it. You set the laws


in place that allow this to happen. Why are you then complaining it is


happening. We have an independent judiciary in this country. But


sentencing follows guidelines. They are only guidelines. We do have


professionals that serve in the prison sent... That serve in the


prison system, that underlies him. Sometimes people are only human and


they do make mistakes. I hope there isn't anyone called Fence Jumper


coming up for parole. We shouldn't laugh! I am going to give you a


quote here. I did not have sexual relations with that woman, Monica


Lewinsky, I never told anybody to light, never. These allegations are


false and I need to go back to work for the American people. Who is


that? Bill Clinton! It is the front of the Independent because she is


apparently speaking about the relationship for the first time.


They have a great photo of her with this enormous smile on her face.


Bill Clinton has a pretty big smile on his face as well. Easy, tiger!


They look pretty pleased to see each other. This is an interview she did


with Vanity Fair magazine. She is now 40, a great age for women, and


this is going back almost 20 years. I feel a bit sorry for him. She says


it ruined her life. `` sorry for her. You can see why. She is one of


the most famous women in the world, for the wrong reasons. It would be


difficult to go on and have a career afterwards, a normal life. Husband,


kids, everything else we moan about bite it is what gives us so much


joy. I feel sorry for her, that almost 20 years later she is still


having to do this. She did write a book at the time. She did. I covered


this story from the beginning to the end. It hasn't ended yet. She


started making handbags. Ten years ago she wrote the book. I met her


when she was promoting the book. Me, Andrew Morton, a photographer, and


some other people, in a fish and chip shop in Leeds, she had has been


signing some books in Leeds. She had fish and chips and a pint of beer,


and I moved the bins so her car could get in. A nice one! It has


been great having both of you in. Many thanks. Stay with us, at the


top of the hour we will bring you more political reaction to that


potential American takeover of the British drugs firm AstraZeneca. Now,


it is time for Sport Today. Hello and welcome to Sportsday with


me, Ore Oduba. Coming up tonight: A debut double ` 18`year`old James


Wilson scores twice as Manchester United beat Hull


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