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.

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of his baby, Roger Federer and his partner have welcomed twins for the


second time. First, the papers. Hello and welcome to our look ahead


to what the papers will be bringing us tomorrow. With me are the


financial analyst Louise Cooper, and Michael Booker, deputy editor of The


Daily Express. We are going to start with the Independent, claiming the


Coalition partners are on a colour `` collision course. The Daily


Telegraph says think tank is warning of a housing bubble which must be


prevented. That is also the story on the Daily Mail. The Daily Express is


going with the story about the police hunt for Madeline McCann. The


Financial Times is leading with AstraZeneca, and warnings from


Sweden about what Pfizer failed to do when it bought a Swedish company.


We are going to start with the Telegraph. There is a housing


bubble, isn't there? It depends where you look, in the south`east


and the rest of the country not necessarily so. The OECD has not got


the best track record at forecasting, and to be fair all of


these organisations completely missed the housing bubble the first


time round in the financial crisis. When we get these warnings, one has


to take them slightly with a pinch of salt. Housing is like any other


goods, it is about supply and demand. It is very simple what this


country needs to do, which is build more houses. I don't know why


have to have these complicated schemes, Help To Buy, the Bank of


England also getting involved. Just build more houses! Indeed but if it


was that easy we would just knock them up, wouldn't we? The Labour


government, what would be a Labour government, said they were going to


build up to a million houses. With what money? We will have to wait and


see. I like to see the think tanks thinking but it is always the


obvious stuff. This is already happening. Mortgages are already


creeping up so lenders are looking at people more forensically. I


mentioned this last time I was on here, we remortgaged recently and


they are looking at everything. The Bank of England could put up


interest rates if they wanted. They are meeting this week. We are not


expecting them to raise rates but there has been speculation that in


June they may do something to dampen down the housing bubble. Like what?


They could speak to the Government about the Help To Buy scheme, they


could reduce the banks' leverages. I know you tease me, but we just need


to build more houses in this country. Either we do that


privately, publicly, however we need to do it, we just need to build more


houses. In the meantime, while we find the cash, we find people who


are not NIMBYs. That is the tough one. In the meantime there is going


to be an increase in prices. The man or woman in the street, the anything


in the street, they like to see that house prices going up! What about


your children? They will have to make their own luck. At the moment


people are thinking pensions are not worth anything so hopefully we will


be able to hand on our houses to our children. They will have to share


them. Staying with the Telegraph, 50,000 dementia carers forced to


give up work. This is on the back of an advertising campaign that will be


on tomorrow evening. You hear more and more anecdotal evidence from


people in your life who have got friends and family, caring for


people with dementia. One in eight people is looking after someone with


dementia, with more than half juggling work and other duties. They


cannot work and look after people at the same time and it is going to be


an increasing problem, as lives are extended. What does society do about


an ageing population in this regard? That is the problem, the increased


costs to the NHS. Costs will only go one way and it is something the


political class has put not exactly on the back burner but it is kind of


ignoring it. At a time when we are clearly a heavily indebted nation,


long`term care costs are somewhat being ignored. David Cameron has


come out a few times talking about dementia in the last couple of years


and I think they are trying to get hold of it because it is going to


get worse and worse. Onto the Guardian and Whitehall is calling a


halt on the NHS reforms. This is a plan to cut costs in hospitals and


to provide care in people's homes so people long`term conditions, the


elderly, the frail, people with diabetes except. A bit like the


dementia story really. It is much cheaper if they are looked after in


their own homes but the tricky part is getting the NHS to work together.


Also the financial sons never seem to have been done and at the moment


it has been put on hold. ?3.8 billion, that is a lot of money. One


would hope they have thought through the financial plans. The Guardian


has learned that plans to save money lacked financial credibility with


little or no detail. There are a lot of words in this story but it


doesn't get to the centre of how it would work. You get the impression


the Cabinet office have looked at this, it has a great name, it is


going to work, and there doesn't seem to be much detail as to how it


will work. People at Whitehall seemed to be thinking, we don't know


if savings will be made, and they are shelving it. One assumes this


whole thing should be shelved, they are not doing it because they don't


think it will work? The Government office so far don't think the plans


are credible enough, and the advisers of David Cameron are saying


it is short lived and we have to wait and see how it will work.


Basically Jeremy Hunt will go back. A spokesperson saying the Government


is being about it. `` bullish about it. Jeromy Brand joins the A`level


syllabus? This is a move by the exam board who has teamed up with the


charity. Catlin Moran from The Times, dizzy rascal and our hero,


the leader of the cultural Revolution, Russell Brand, the


funniest man in the world are involved. However the education


Department have looked at this and launched a scathing attack. Schools


should be aware that if they offer this rubbish in place of a proper


A`level, pupils may not get into good universities, but it sounds


like an interesting idea. These are the texts... There is nothing wrong


with getting in tune with popular culture. Part of me thinks the


spoken word is very important, it is what you do for a living, and the


way we use language changes and evolves. Twitter users a new way of


speaking, but on the other hand Shakespeare has stood the test of


time for so many years. One wonders if in five years we will be still


talking about Russell Brand, although I'm sure he would like us


to be. There is a great quote from the exam board, historically English


language and literature A`level has lacked a clearly defined identity by


creating a new model with a linguistic approach to texts we aim


to set the gold standard to transform the A`level to a more


valuable distinctive qualification. This is a man who are supposed to be


an expert of English, and I wonder isn't the point of language to be


comprehensible! We are now going to go on to the Independent.


AstraZeneca, Britain's future is not a tax haven. What do they say about


journalists, don't let facts stand in the way of a good story. I


sometimes wonder if politicians share some characteristics of


journalism because I kind of think Vince cable is slightly over writing


this story. There is a lot of political concern about this


transaction. I wonder if we need two select committees to look into it. I


would think that one would do, but we have got two looking into it.


Also this whole thing, we cannot let Americans take over British


businesses. Astra is a Swedish company, and the clue is in the


name. Warner Lambert, Pharmacea and Wyatt labs, three companies taken


over by Pfizer and asset stripped. Asset stripped! Mr Cable is trying


to save British jobs. It's a terminology that you use, asset


stripped. I'm playing devil's advocate. To be controversial in


order to make a story exciting. No. As we go towards the election, a


year to go. People use words like asset stripped. You can see


situations like these are set pieces for politicians to put their stand


there. The Lib Dems and Labour to a certain extent want to be seen on


the side of the common man... Or woman, you've done it again. The


common anything. Protecting jobs. On the other side the Tories say look,


Britain is great for Britain. Can I point out, if you have, OK, so


Pfizer clearly this is cost`cutting transaction. Be under no mistake.


Of. It A lot of it. Do you want `` Part of it. Do you want a


pharmaceutical company to charge very high prices to our Government


because it's overly bloated and fat and full of of costs. It's the


question they're all asking. Now you're teasing me.


Guys, you're back in an hour's time to look at some of the stories


behind the headlines. Many thanks for that. Stay with us here on BBC


News. At the top of the hour, we will have much more on what we've


just been discussing, that suggesting US takeover of the


British drugs firm AstraZeneca. Now it's Sportsday.


Hi there. Welcome to Sportsday. Coming up tonight: A debut double.


18`year`old James Wilson scores twice as Manchester United beat Hull


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