06/05/2014 The Papers


06/05/2014

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

:00:00.:00:00.

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

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

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

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

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

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

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

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

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

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Madeline McCann went missing. The Mirror says British police have

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

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has been put on hold after the Cabinet office queried its

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credibility. Financial Times leads with

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AstraZeneca and a warning from Sweden about promises Pfizer failed

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to live up to when it bought a Swedish company.

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

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for NHS whistleblowers who lose their jobs.

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

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The controversial scheme to make mortgages cheaper is expected to be

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

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

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

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

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

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

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

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

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making people get higher deposits and scrutinise mortgage

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

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

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

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

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

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

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

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

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

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to buy scheme will boost their coffers because the government

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

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

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

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

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house prices, because you mentioned earlier the new questionnaire that

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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for a public enquiry after people have had genuine concerns about

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

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

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

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Trying to get jobs within damages again they found themselves

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

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

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

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

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

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

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

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

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

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

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

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

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

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Staffordshire case, that the NHS would protect whistleblowers. The

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

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a vital role because regulators are generally pretty incompetent. The

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

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

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

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

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

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

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regulator for the financial industry does actually pay whistleblowers are

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

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

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

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it seems in all sections they are actually vilified and treated

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

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

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

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

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

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

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

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

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

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

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top taking control and taking responsibility for some of the

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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voters are turning against the business culture. Two thirds of

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

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

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

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

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

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about shareholders. Politicians should look at it but they should

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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that nickname by pistol whipping victims during bank raids. You

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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apparently speaking about the relationship for the first time.

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

:17:25.:17:40.

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

:17:41.:17:43.

Wilson scores twice as Manchester United beat Hull

:17:44.:17:45.

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