18/05/2014 The Papers


18/05/2014

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.


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that has now claimed 300 lives. Executives from the company are

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among those being questioned. Hello and welcome to our look ahead

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to what the papers will be bringing us tomorrow.

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With me are James Ramsden. Welcome to both of you.

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The Daily Telegraph leads with a report suggesting the Governor of

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the Bank of England ` Mark Carney is prepared to cap mortgages as the

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average home goes up ten`thousand pounds in a month.

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The Daily Express leads on the same story adding that tough new rules

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will be put on mortgages to control soaring prices.

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The Metro also leads with Mark Carney's warning build more houses

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or risk financial meltdown. It's a theme followed by The Times

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newspaper, which says the help to buy scheme is a threat to the

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economy's recovery. The Guardian leads with plans from

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Labour leader Ed Miliband to tackle low pay suggesting a future Labour

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government will link minimum pay to earnings.

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The Independent also leads with Ed Miliband's plans to increase the

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minimum wage and it also shows the rogue trader who's due to surrender

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to the French authorities to start a three`year jail term.

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The Daily Mail kicks off with the police hunt for two prisoners who

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failed to return after being let out on day release.

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And the Mirror reports on government cuts which they say have targeted

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lollipop ladies putting children's lives at risk on busy roads. So

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let's begin. The Levant target minimum wage for

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maximum gain. Tell us more. So, this is Ed Miliband trying to give Labour

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an edge at the time when there is fear that Labour is lagging behind

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the Conservatives. All numbers are showing that the first time in two

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years, they are behind the Tories. He is saying that they will peg the

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minimum wage with earnings was up however, the Conservatives are

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already saying that this is interventionist and could actually

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be disastrous for the economy. They are not actually putting a figure,

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so we do not know what the minimum wage would be. It is due to rise to

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?6 50 in October. But we don't know what it would mean. It will depend

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on the actual sector so it could actually very, for example between

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retail and the public sector. I am not sure how people would respond to

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that. I was quite struck by that when I glanced at this weekly. That

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is potentially tricky territory. Is. People may well be jealous of other

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professions thinking, I could go into catering and earn a bit more.

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Or move over into another sector and be better off. The very negative

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poll ratings recently for Labour, I think it has been a bad time for

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Labour. They got a lot of criticism for what I thought was a terrible

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political ad where they showed Nick Clegg as the incredible shooting

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man. Extremely negative. The word Labour was only mentioned for a

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second. David Axelrod, the election of Obama who has come over to boost

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Ed Miliband's performance, particularly his television

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performance which is perceived as weak, they are also facing the

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prospect of being wiped out potentially by UKIP this week. In

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the elections on Thursday. So, not a bad idea to bring this up now. This

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will play very well with hard`line Labour supporters. It does smack of

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desperation because of the negative polls. And the port about `` point

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about heartland supporters is interesting. The problem is,

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especially with the local elections on Thursday, they are not even sure

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of a heartland supporters. They will have to go beyond that. This is an

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issue that is something that Labour can do to get itself from other

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parties. There has been a lot of criticism Labour that we do not know

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what you stand for, other than being the opposition. If they actually

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laid out a plan that is convincing, they could say, this is the

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beginning of the economy. Does it play into the cost of living

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campaign? It does a bit but I think the danger with that, it looks all

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played out now but also, it is the economy issue. If you harp on about

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the economy, it is now recovering and that plays into the Tory hands.

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George Osborne is sitting pretty saying, look at the recovery that I

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have orchestrated. I'll die billiards? And people will find it

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hard to contradict because the figures seem to back him up. So,

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Labour will tread with great caution in the area of economics because

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that seems to be to the advantage of the Tories. Having said that,

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Labour's whole campaign is that while the biggest is the economy is

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better, people 's lives are better. We haven't really increased, rather

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they have decreased by about 5% since 2010. If they can play on

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those figures off, are you feeling a difference in your pocket? Most

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people would say no. Let's move to the Telegraph. Let's start with the

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main story. Banks be as house prices hit record high. This features on a

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number of newspapers. This is an extraordinary figure. It is actually

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the highest ever jump on record, an average of nearly ?10,000, on the

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value of houses which is absolutely unbelievable. In Tower Hamlets, one

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of the poorest part of London, they have gone up 43%, the value of

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houses. Incredible. Mark Carney is right about this, he is urging

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extreme caution because this bubble could total the economy. We have

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seen bubbles have a devastating effect of the economy before. He

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suggesting he may have to mortgages in order to dampen down the market

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because it is extremely overheating at the moment. I think that idea of

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just trying to come people down is very sensible. What Mark Carney is

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saying to the government, you are going to have to come up with

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something other than the issue of touching interest rates. That is one

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thing the bank of it and can influence. If you read interest

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rates, we're just talking about wages, people can't afford to pay

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their mortgages. That will be a bigger economic crisis. He is

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saying, what we need to is tackled other issues, including supply.

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There is a shortage of houses. When we look at the figures here in the

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Telegraph story, there is a 16% rise in house prices in London

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year`on`year. And 4.9% on average in the UK. There is a shortage of

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actual houses. The Help to Buy was supposed to help newbuilds. The

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Dubai scheme at the moment actually helps you to buy a house up to the

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value of ?600,000. Think about that. That is a lot of money when

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the average house in the UK is meant to cost about 275,000. Mark Carney,

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one of the suggested he had come up with is to actually change what

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helped by actually entails. Some people are talking about the figure

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being dropped to ?300,000. The Labour Party again is suggesting

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that drop. It is a cry help saying, this cannot continue to. The

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government is hinting that if Mark Carney does suggest that the

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islanders live, they would have to listen and act. Absolutely. It may

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well be a good solution. The problem with increasing supply is that this

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is a country that invented the phrase NIMBY. Where do you build new

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houses? They do not want a big new housing developments obscuring their

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lovely field at the back of the house. The green belt is very

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strongly protected in this country. It is a very nice idea to say, yes

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we need new houses but where do you build them? Also in the Telegraph,

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Nigel Farage appears. He has gone on the defensive to deflect claims of

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racism after a poll suggested his attempts to cause a political

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earthquake at the European elections may be blown off course. IGas it is

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reading sentiment from his statement regarding the whole idea that you

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are going to be comfortable having Romanians as your neighbours. Is

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shocking to think that in this day and age a politician that get a lot

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of print space and airtime could say something like that. This goes back

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to an interview he did on Friday to. He said to the interviewer, I think

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you know the difference between Romanians and Germans. And he said,

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though I don't. And that is when his spin doctor tried to haul him off

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air. He has made this mea culpa advert. Unfortunately we can't see

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it. They have quoted it, sometimes I get things wrong, he also suggested

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he was tired. I think that does risk opening hymn to other charges. What

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other mistakes have made. If you are making errors or like this and you

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are potentially opening yourself up to accusations of casual racism in

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that way, and we really trust our boat with you? Is very crucial

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timing. They always had the last 48 hours before the election matters

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more than the previous 48 weeks. I think this 40 hours is going to be

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absolutely crucial. Nigel Farage may be locked up in a cupboard somewhere

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to stop him making more blunders. Is interesting he has taken out a

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full`page ad. It is almost like they don't want him to say anything more

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in an interview. Let someone else right! But it doesn't seem to be

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affecting opinion polls? Labour and the Tories are extremely worried.

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UKIP may well get the highest percentage. It would be the first

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time a minority party has a map for decades. Let's look at the other

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Telegraph story. The search for the four Britons in the Atlantic. It is

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quite surprising it has only made it to the Telegraph this evening. This

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really is about the four Britons that have been lost at sea and

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unfortunately, it seems as though the search has been called off. Even

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though it seemed that there are indications they could still be a

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light because we have heard that there are still signals coming from

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possible lifeboat. They have seen the remains of their boat. You would

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have thought that given the search has been called off, it might have

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got more coverage. Absolutely. There was an interview with a local MP

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from Southampton saying, she was lobbying to try and talk to the US

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coastguard to reopen the search. The flares seem to be let off in the

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right order, indicating that they were alive at one stage. And that

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they are very well trained in survival techniques, the apparently

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got into the raft, the life raft. The families, and I would be exactly

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the same is what was my relatives, as long as there is still hope, you

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cannot search `` stop`and`search. The Express has a front`page

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photograph that has some BAFTA winners on it. It was very good this

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evening. We were talking about how billions Graham Norton is. He is

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mischievous without being offensive. He handled it very well. He was up

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for two awards himself but lost to the juggernaut that is Ant and Dec.

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The Queen would lose against those guys. I doubt they would be in the

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same category. That is true. Anyway, he was very funny introducing the

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Best Actress award because Olivia Colman one two last year. She said

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to the other three actors, I am sorry that you are in the same

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category as Olivia Colman. She gave a lovely... Sometimes when the hood

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actresses reach into tears... She is so genuine. I think she is very

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personable. You feel that there is that connection. It is no wonder

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that she continues to win BAFTAs. She was brilliant in 2012. She is

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brilliant in everything. I would watch her reading the telephone

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directory! And with the weather. The Guardian has a photograph, we see

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somebody... Where are we? Somerset house in London. I enjoy the weather

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yesterday but today I was picked up in my office. It is brilliant

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because apparently, reporters are saying it won't end any time soon.

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Often, you enjoyed weather in London and then they said tomorrow it will

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back to showers. So far, we will enjoy it for a few more days. Lib I

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am sorry to say that I enjoyed the weather watching the Arsenal victory

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parade. He said he wasn't going mention that. I'm sorry, the weather

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came up and it seemed natural. View in Northern Ireland would not have

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enjoyed the weather as much. On that note. That is it for the papers.

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Thank you to my guests. All the news at the top of the hour. But first,

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the film review.

:13:53.:13:56.

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