08/05/2014 The Papers


08/05/2014

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England's women retain their 100% start to the World Cup qualifying

:00:00.:00:00.

campaign, when they took on the Ukraine. That is coming up in 15

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minutes. Hello, and welcome to our look ahead

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

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Paul Johnson, deputy editor of The Guardian, and media commentator Tim

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Collins. Tomorrow's front pages, starting

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with The Express, leading with a report by MPs that condemns

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proposals to allow the taxman to take money out of people's bank

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accounts without their permission. That's also the lead in the

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Telegraph which says the Treasury plans, which would mean no court

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order is needed to take money from accounts, is 'very concerning' given

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the history of mistakes by HM Revenue and Customs. The FT goes

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with Barclay's announcement to cut 7,000 jobs in their investment

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banking division, sounding a retreat from a part of the business that was

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once at the heart of its operations. The Mirror has a story from a family

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who found their grandmother dead in an NHS hospital before staff

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realised. The Guardian leads with a highly critical report by MPs that

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calls for radical reform of oversight of the UKs intelligence

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agencies. And The Independent also leads with a report by MPs, this

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time criticising a lack of financial oversight of free schools by the

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Education Department. The Scotsman's picture story is that 'armoured

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cars' are ready to protect Nigel Farage when he makes a return visit

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north of the border. The Times declares ` It's official: the Great

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Recession has ended according to figures from a respected economic

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think tank. So let's begin. We will start with

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the express, talking about the idea that the taxman can read our bank

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accounts without our permission or a court order, this is how it is

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reporting it. HM revenue and Customs said that they have a track record

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of blunders, customers have been wrongly accused of owing tax, and

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they could take the tax, but if they own money, should they cough up?

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They should be pursued, and under the current system, they are, you

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should not have, this is what George Osborne is putting in place, but the

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ability for HM RC, an error riddled organisation, to read people 's bank

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accounts without a court order. Sometimes, possibly raiding joint

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accounts without the other half knowing. `` raid. The consequences

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could be serious, you could damage credit ratings, direct debits would

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balance, they could not pay their mortgages on time, it could be

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damaging indeed, I don't think it is the right response. We have a huge

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fiscal crisis, this is not the right thing to do. We would hope that the

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government gets the message, the problem is that we have been

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spending too much, and not taxing too little. Interesting timing, when

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everything is geared towards the election, this will be hugely

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unpopular with people. This was in the small print, as many

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controversial elements of the budget are, and last March, in George

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Osborne 's budget, it has taken the Treasury Select Committee to bring

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this to the forefront. The chair who says, in reference to the fact that

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we know that 5 million people are on the wrong tax codes, people need to

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ask for the right codes, and pay the right amounts in the first place. He

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is worried about vulnerable people and glitches in the system. People

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would find this offensive. How can he do this? The system is in place,

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but it doesn't always work properly. They do, very few people who ought

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to be paying tax escape from doing so completely. Those people who

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probably large`scale tax avoidance are not likely to have accessible

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bank accounts. The problem is that once you have introduced the

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system, it potentially may have started off as something that is

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going to be aimed at the worst offenders but could become something

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that becomes almost automatically. `` automatic. Napoleon, I think, was

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beaten some time ago, and we still have income tax. The Chancellor says

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it is a small measure, targeting 17,000 people, that is how it is

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trailed in some newspapers. Before we know it, this could be how we all

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pay our taxes, I don't think that is sensible. The Times says that it is

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official, the great recession has ended, how are we going to

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celebrate? Does it depend on the country where you live? This is a

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two cheer story, rather than three cheers, it has taken six years to

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claw back this growth. Not to put an entire dampener on this, you have to

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look under the bonnet of the economy. Unemployment looks quite

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good, but once again, when we look at it, we know how many people are

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now categorised as self`employed and on zero our contracts. We know the

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potential problems of the housing bubble that could come. It was

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reported in the daily Telegraph a day or so ago, saying that 1%

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increases in interest rates, which we know is coming at some point, but

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we don't know when, it could knock 2% of the growth rate. We could be

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back to where we were in 2011. I like the fact that the man who was

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quoted in this, extensively, is called Jack Meaning. A marvellous

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name for someone who is a research fellow! Does this mean, that Mr

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Carney, at the Bank of England, he is under more pressure to put

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interest rates up? Savers have been moaning that interest rates have

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been low for a long time? Not least, because of what is expected, by the

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National Institute, that is anything but a pro` Tory think tank. They are

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saying that they expect the country to grow rapidly this year, faster

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than any other major colony. It could put pressure on interest

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rates, but inside of the story, it says that markets do not expect the

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first moved to come before April of next year. The general election is

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in May next year, we can assume that they will not go up three days

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beforehand. I am suggesting that no governor in the Bank of England will

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sensibly put interest rates up just before a general election. What is

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interesting about the story is that the recession was so deep, and so

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start, that inside of the Times story, they have pointed out that

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six years after the onset of the 1979 recession, the Margaret

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Thatcher recession, it was 8% bigger, and six years after the 1990

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recession, the John Major recession, the economy was 16% bigger, and six

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years after the 2008 recession, the Gordon Brown recession, it is only

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just back to where it was. If you look at this chart, although some of

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those who have more memories remember how bitterly fought the

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politics and economics were of the 1980s, actually, the drop from peak

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to trough in the 1980s was far far less than the drop from peak to

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trough in this recession in 2008. There was a 7% collapse in output,

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the worst we have had since the 1930s, that is why it has taken so

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long to crawl back to basically the starting line. How concerned will

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politicians be that everybody enjoys the benefits of the recovery? There

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are pockets which seem to be stubbornly refusing to budge. As we

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were saying, the nature of the employment market is showing that,

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people in part`time jobs, lone parents and so on, have stuck to the

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implement market and not drifted away. It is very uneven, it is an

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uneven recovery in that sense. Not only geographically but age wise.

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The young, and most barometers here, have done the worst. Then the more

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elderly. That is a significant factor. It is worth bearing in mind

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the contrast between us and the rest of Europe, in Spain, youth

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unemployment is over 50%. That is under the age of 30. I have someone

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working for me in Brussels who is a German undergraduate, she says she

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is the only one in her entire age group who left university a couple

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of years ago who is in work. Although there are undoubtedly

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problems with youth unemployment and prospects in Britain, we are much

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better than those in the Eurozone. Let's have a look at the

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Independent. The MPs savage lack of proper oversight, over ?1 billion

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has been spent on the free schools programme from Michael Gove, a

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rebuke from Margaret Hodge, among others. `` Margaret Hodge. Has this

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project not delivered? Having had a pop at Michael Gove and hour ago, I

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will defend him on this one! The Independent is, it is left wing to

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other newspapers, it's not surprising that they have taken this

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angle. They would be desperate to see free schools fail, as people on

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the left are, they want state`controlled monopolistic

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education to be the only option available to people who cannot

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afford it. Isn't proper oversight what they want to see? What they

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want to see is these problems in state schools, that is not the

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reason for having a state education system, but overall, free schools

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have raised standards, they have improved standards and exam results

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overall, they are doing extremely well in tackling some severe

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problems of social deprivation, where people have given up on what

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state which commission should provide. The numbers that are used

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here, some of them are the old Gordon Brown techniques `` state

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education. It is about 250 million a year out of each of the four years

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that this particular programme has been running. We know, from Sweden,

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not a massively right`wing country, a very strongly socially democratic

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country, there are huge improvements in standards. Margaret Hodge, I

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understand, she wants to knock this, you can pick out individual

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stories, there are some stories that are causing my eyebrows to go out,

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like the salary figures, weighted by individuals, but if we can make this

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work and put parents in charge, we could have important improvements ``

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the wages of certain individuals. We cannot criticise all free schools

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when you think it is a small number who are not doing well, and haven't

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been run properly. This is the redoubtable Margaret Hodge, this is

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the second story we have from a Select Committee tonight. Five of

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the national newspapers lead from stories of three select committees,

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it shows how a dynamic chairman with an energetic set up like the Select

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Committee, with the ability to call witnesses, it can be effective. But

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coming back to this, Margaret Hodge is fine, she can talk about proper

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financial accountability, but the broader worry, about free schools,

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is the necessity to enforce a broadly balanced curriculum, and the

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fears that are more widely felt about the ability to employ

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unqualified teachers, a lot of people are worried about that,

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whether they are on the left or right of this argument. Let's move

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on to the Scotsman, Farage is on the front cover of this. Armoured cars

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are ready to protect him on his return to Scotland, the paper says.

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They are supposed to protect him from protests. Family friends does

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he have in Scotland? All of us, when we first saw the front pages, we

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thought it was a joke. As you unpack it, it turns out to be less of a

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joke. The first thing to note is that, my eyebrows went up when I saw

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the headline, they are talking about the far right making plans for

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Nigel. They are not talking about UKIP but an organisation I had never

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heard of, it is called "Britain first". They are quite right wing,

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and it is not UKIP asking for the armoured cars, or the police, this

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is the far right group trying to get some publicity for themselves. If

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you dig back into the history, the last two times that Farage has gone

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to Scotland, I am not a UKIP supporter, you could play a key role

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in taking me out of Polmont, I owe them no favours whatsoever. He was

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not physically assaulted but abused `` Parliament. He had to flee into a

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pub. I think if you do not agree with UKIP, whether you are in

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Scotland or England, which have a civil debate and not have one where

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even a political leader who we do not agree with is held down, shouted

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out, abused, and told where he can put the union jack, all of that has

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happened to him. He is a legitimate leader of a party, and if those who

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disagree debate at, do not shout him down. `` debate with him. The phrase

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"armoured cars" is' is, that means it could not be true. Farage travels

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with a couple of mind is these days since he was hit over the head with

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a placard. We did an interview with him last week, he is relaxed about

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having those minders. He thinks it is probably a necessity of any party

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leader who is gaining the National Forum in the way that he is. And

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such predominance in a recognisable character. A comment from each of

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you. Comments that ethnic minority voters will flock to UKIP. Tell that

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to Lenny Henry. 99.4% of UKIP supporters are white and most

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studies have shown they are far less tolerant of ethnic minorities and of

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immigrants. This is wishful thinking. This is very much a part

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of what is clever strategy for Nigel Farage, saying, don't believe in the

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line. I'm going to get minority voters. Everyone knows which pool he

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fishes from. So much to talk about. We have run out of time. It bubbly

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my fault. Paul and Tim, lovely to see you both. `` it is a bubbly my

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fault. The latest of the abducted schoolgirls from Nigeria as some of

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those who escaped tell their story. Coming up next, it is time for

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Sportsday. Hello and welcome to Sportsday. I'm Karthi Gnanasegaram.

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The headlines this evening: Pushing for promotion to the Premier League,

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it's Championship play`off time and Derby have the early advantage

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against

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