06/05/2014

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:00:00. > :00:00.of his baby, Roger Federer and his partner have welcomed twins for the

:00:00. > :00:16.second time. First, the papers. Hello and welcome to our look ahead

:00:17. > :00:22.to what the papers will be bringing us tomorrow. With me are the

:00:23. > :00:30.financial analyst Louise Cooper, and Michael Booker, deputy editor of The

:00:31. > :00:38.Daily Express. We are going to start with the Independent, claiming the

:00:39. > :00:43.Coalition partners are on a colour `` collision course. The Daily

:00:44. > :00:51.Telegraph says think tank is warning of a housing bubble which must be

:00:52. > :01:05.prevented. That is also the story on the Daily Mail. The Daily Express is

:01:06. > :01:09.going with the story about the police hunt for Madeline McCann. The

:01:10. > :01:16.Financial Times is leading with AstraZeneca, and warnings from

:01:17. > :01:22.Sweden about what Pfizer failed to do when it bought a Swedish company.

:01:23. > :01:28.We are going to start with the Telegraph. There is a housing

:01:29. > :01:32.bubble, isn't there? It depends where you look, in the south`east

:01:33. > :01:38.and the rest of the country not necessarily so. The OECD has not got

:01:39. > :01:43.the best track record at forecasting, and to be fair all of

:01:44. > :01:48.these organisations completely missed the housing bubble the first

:01:49. > :01:52.time round in the financial crisis. When we get these warnings, one has

:01:53. > :01:59.to take them slightly with a pinch of salt. Housing is like any other

:02:00. > :02:04.goods, it is about supply and demand. It is very simple what this

:02:05. > :02:10.country needs to do, which is build more houses. I don't know why

:02:11. > :02:14.have to have these complicated schemes, Help To Buy, the Bank of

:02:15. > :02:21.England also getting involved. Just build more houses! Indeed but if it

:02:22. > :02:28.was that easy we would just knock them up, wouldn't we? The Labour

:02:29. > :02:34.government, what would be a Labour government, said they were going to

:02:35. > :02:42.build up to a million houses. With what money? We will have to wait and

:02:43. > :02:46.see. I like to see the think tanks thinking but it is always the

:02:47. > :02:51.obvious stuff. This is already happening. Mortgages are already

:02:52. > :02:56.creeping up so lenders are looking at people more forensically. I

:02:57. > :03:03.mentioned this last time I was on here, we remortgaged recently and

:03:04. > :03:07.they are looking at everything. The Bank of England could put up

:03:08. > :03:13.interest rates if they wanted. They are meeting this week. We are not

:03:14. > :03:18.expecting them to raise rates but there has been speculation that in

:03:19. > :03:24.June they may do something to dampen down the housing bubble. Like what?

:03:25. > :03:29.They could speak to the Government about the Help To Buy scheme, they

:03:30. > :03:36.could reduce the banks' leverages. I know you tease me, but we just need

:03:37. > :03:41.to build more houses in this country. Either we do that

:03:42. > :03:47.privately, publicly, however we need to do it, we just need to build more

:03:48. > :04:00.houses. In the meantime, while we find the cash, we find people who

:04:01. > :04:06.are not NIMBYs. That is the tough one. In the meantime there is going

:04:07. > :04:20.to be an increase in prices. The man or woman in the street, the anything

:04:21. > :04:29.in the street, they like to see that house prices going up! What about

:04:30. > :04:33.your children? They will have to make their own luck. At the moment

:04:34. > :04:37.people are thinking pensions are not worth anything so hopefully we will

:04:38. > :04:47.be able to hand on our houses to our children. They will have to share

:04:48. > :04:53.them. Staying with the Telegraph, 50,000 dementia carers forced to

:04:54. > :04:58.give up work. This is on the back of an advertising campaign that will be

:04:59. > :05:04.on tomorrow evening. You hear more and more anecdotal evidence from

:05:05. > :05:08.people in your life who have got friends and family, caring for

:05:09. > :05:15.people with dementia. One in eight people is looking after someone with

:05:16. > :05:21.dementia, with more than half juggling work and other duties. They

:05:22. > :05:25.cannot work and look after people at the same time and it is going to be

:05:26. > :05:36.an increasing problem, as lives are extended. What does society do about

:05:37. > :05:41.an ageing population in this regard? That is the problem, the increased

:05:42. > :05:46.costs to the NHS. Costs will only go one way and it is something the

:05:47. > :05:51.political class has put not exactly on the back burner but it is kind of

:05:52. > :05:56.ignoring it. At a time when we are clearly a heavily indebted nation,

:05:57. > :06:01.long`term care costs are somewhat being ignored. David Cameron has

:06:02. > :06:07.come out a few times talking about dementia in the last couple of years

:06:08. > :06:13.and I think they are trying to get hold of it because it is going to

:06:14. > :06:19.get worse and worse. Onto the Guardian and Whitehall is calling a

:06:20. > :06:24.halt on the NHS reforms. This is a plan to cut costs in hospitals and

:06:25. > :06:32.to provide care in people's homes so people long`term conditions, the

:06:33. > :06:39.elderly, the frail, people with diabetes except. A bit like the

:06:40. > :06:43.dementia story really. It is much cheaper if they are looked after in

:06:44. > :06:48.their own homes but the tricky part is getting the NHS to work together.

:06:49. > :06:58.Also the financial sons never seem to have been done and at the moment

:06:59. > :07:02.it has been put on hold. ?3.8 billion, that is a lot of money. One

:07:03. > :07:11.would hope they have thought through the financial plans. The Guardian

:07:12. > :07:15.has learned that plans to save money lacked financial credibility with

:07:16. > :07:19.little or no detail. There are a lot of words in this story but it

:07:20. > :07:22.doesn't get to the centre of how it would work. You get the impression

:07:23. > :07:29.the Cabinet office have looked at this, it has a great name, it is

:07:30. > :07:33.going to work, and there doesn't seem to be much detail as to how it

:07:34. > :07:39.will work. People at Whitehall seemed to be thinking, we don't know

:07:40. > :07:46.if savings will be made, and they are shelving it. One assumes this

:07:47. > :07:53.whole thing should be shelved, they are not doing it because they don't

:07:54. > :07:57.think it will work? The Government office so far don't think the plans

:07:58. > :08:00.are credible enough, and the advisers of David Cameron are saying

:08:01. > :08:09.it is short lived and we have to wait and see how it will work.

:08:10. > :08:26.Basically Jeremy Hunt will go back. A spokesperson saying the Government

:08:27. > :08:40.is being about it. `` bullish about it. Jeromy Brand joins the A`level

:08:41. > :08:50.syllabus? This is a move by the exam board who has teamed up with the

:08:51. > :08:56.charity. Catlin Moran from The Times, dizzy rascal and our hero,

:08:57. > :09:02.the leader of the cultural Revolution, Russell Brand, the

:09:03. > :09:06.funniest man in the world are involved. However the education

:09:07. > :09:10.Department have looked at this and launched a scathing attack. Schools

:09:11. > :09:14.should be aware that if they offer this rubbish in place of a proper

:09:15. > :09:19.A`level, pupils may not get into good universities, but it sounds

:09:20. > :09:28.like an interesting idea. These are the texts... There is nothing wrong

:09:29. > :09:32.with getting in tune with popular culture. Part of me thinks the

:09:33. > :09:36.spoken word is very important, it is what you do for a living, and the

:09:37. > :09:44.way we use language changes and evolves. Twitter users a new way of

:09:45. > :09:48.speaking, but on the other hand Shakespeare has stood the test of

:09:49. > :09:52.time for so many years. One wonders if in five years we will be still

:09:53. > :09:57.talking about Russell Brand, although I'm sure he would like us

:09:58. > :10:04.to be. There is a great quote from the exam board, historically English

:10:05. > :10:07.language and literature A`level has lacked a clearly defined identity by

:10:08. > :10:13.creating a new model with a linguistic approach to texts we aim

:10:14. > :10:17.to set the gold standard to transform the A`level to a more

:10:18. > :10:28.valuable distinctive qualification. This is a man who are supposed to be

:10:29. > :10:36.an expert of English, and I wonder isn't the point of language to be

:10:37. > :10:44.comprehensible! We are now going to go on to the Independent.

:10:45. > :10:49.AstraZeneca, Britain's future is not a tax haven. What do they say about

:10:50. > :10:56.journalists, don't let facts stand in the way of a good story. I

:10:57. > :11:00.sometimes wonder if politicians share some characteristics of

:11:01. > :11:06.journalism because I kind of think Vince cable is slightly over writing

:11:07. > :11:10.this story. There is a lot of political concern about this

:11:11. > :11:16.transaction. I wonder if we need two select committees to look into it. I

:11:17. > :11:22.would think that one would do, but we have got two looking into it.

:11:23. > :11:27.Also this whole thing, we cannot let Americans take over British

:11:28. > :11:39.businesses. Astra is a Swedish company, and the clue is in the

:11:40. > :11:47.name. Warner Lambert, Pharmacea and Wyatt labs, three companies taken

:11:48. > :11:55.over by Pfizer and asset stripped. Asset stripped! Mr Cable is trying

:11:56. > :12:00.to save British jobs. It's a terminology that you use, asset

:12:01. > :12:04.stripped. I'm playing devil's advocate. To be controversial in

:12:05. > :12:09.order to make a story exciting. No. As we go towards the election, a

:12:10. > :12:13.year to go. People use words like asset stripped. You can see

:12:14. > :12:19.situations like these are set pieces for politicians to put their stand

:12:20. > :12:23.there. The Lib Dems and Labour to a certain extent want to be seen on

:12:24. > :12:27.the side of the common man... Or woman, you've done it again. The

:12:28. > :12:31.common anything. Protecting jobs. On the other side the Tories say look,

:12:32. > :12:36.Britain is great for Britain. Can I point out, if you have, OK, so

:12:37. > :12:49.Pfizer clearly this is cost`cutting transaction. Be under no mistake.

:12:50. > :12:53.Of. It A lot of it. Do you want `` Part of it. Do you want a

:12:54. > :12:58.pharmaceutical company to charge very high prices to our Government

:12:59. > :13:03.because it's overly bloated and fat and full of of costs. It's the

:13:04. > :13:07.question they're all asking. Now you're teasing me.

:13:08. > :13:10.Guys, you're back in an hour's time to look at some of the stories

:13:11. > :13:13.behind the headlines. Many thanks for that. Stay with us here on BBC

:13:14. > :13:17.News. At the top of the hour, we will have much more on what we've

:13:18. > :13:21.just been discussing, that suggesting US takeover of the

:13:22. > :13:37.British drugs firm AstraZeneca. Now it's Sportsday.

:13:38. > :13:47.Hi there. Welcome to Sportsday. Coming up tonight: A debut double.

:13:48. > :13:48.18`year`old James Wilson scores twice as Manchester United beat Hull