03/06/2014

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:00:00. > :00:00.bring you the latest from the French open as Novak Djokovic and Maria

:00:00. > :00:21.Sharapova advance to the semifinals. Welcome to our look at what the

:00:22. > :00:26.papers are bringing us tomorrow. With me are Beth Rigby, of The

:00:27. > :00:30.Financial Times, and John Kampfner. We are going to start with a

:00:31. > :00:34.Financial Times. It is reporting that RBS has become the second bank

:00:35. > :00:39.to cap large mortgage loans. The Telegraph has a photograph of two

:00:40. > :00:44.veterans who met today for the first time since they took part in the

:00:45. > :00:48.D`day landing 70 years ago. The barrel bomb and the ballot box is

:00:49. > :00:50.the headline on the front of The Independent, which has been

:00:51. > :00:57.examining how President Assad has held onto power in Syria. The Metro

:00:58. > :01:01.has the story of three parent babies to be born in two years after

:01:02. > :01:07.controversial procedure was given the go`ahead. The Daily Mail says

:01:08. > :01:10.that shoppers will have to pay 5p for plastic backs from next year. We

:01:11. > :01:16.are going to start with The Financial Times. RBS, mortgages are

:01:17. > :01:21.going to be capped amid fears of a housing bubble. The suggestion that

:01:22. > :01:27.we are heading, potentially, for a crisis here, that is really

:01:28. > :01:34.beginning to gain traction? This is one of those stories that has a fair

:01:35. > :01:36.amount of politics in it. It is one of those things, when there is a

:01:37. > :01:42.problem with your own country, people want to hear it more from it

:01:43. > :01:48.comes from a countryman. They are less prone to hear it when it comes

:01:49. > :01:52.from a foreign body. In one respect, the fact there is criticism from the

:01:53. > :01:56.European Commission of Britain's policy, will be grist to the mail

:01:57. > :02:00.for the Eurosceptics. At the same time, in quality terms, pretty much

:02:01. > :02:06.everybody is saying the same thing, that there is an overheating housing

:02:07. > :02:09.market, that the Government's well`intentioned moves to help

:02:10. > :02:13.people get onto the housing ladder probably made it too easy, certainly

:02:14. > :02:19.in London and the south`east. Therefore, the bubble we are already

:02:20. > :02:24.seeing, and elsewhere we see 11% house price rises in the past year.

:02:25. > :02:28.But the fundamental problem is a lack of supply. Actually, the

:02:29. > :02:35.European Commission also said that in the report that they gave

:02:36. > :02:40.yesterday, warning on the housing market. What is interesting about

:02:41. > :02:45.this story is that the two banks, the two big mortgage lending banks

:02:46. > :02:51.that so far have voluntarily capped mortgages, they are RBS and Lloyds.

:02:52. > :02:59.Watch our state backed. Which are supposed to be independent. Partly,

:03:00. > :03:06.in the case of RBS, the taxpayer owns over 80% of that bank. Are

:03:07. > :03:10.these soft measures to try and prevent or stop the Bank of England

:03:11. > :03:16.having to intervene? When you think about it, Help To Buy, the

:03:17. > :03:21.Chancellor's scheme to help people onto the housing ladder, it is a

:03:22. > :03:30.flagship Tory policy, going into the next election. They do not want the

:03:31. > :03:37.Bank of England to half to clamp down's On that? On mortgage lending.

:03:38. > :03:40.If you can clamp down the market by making it slightly harder to get

:03:41. > :03:52.mortgages, maybe that is part of the issue. It is incredibly London

:03:53. > :03:59.centric, this story. The Help To Buy scheme has hardly affected London?

:04:00. > :04:04.It is 5% of the market. At the moment you can get it to fund house

:04:05. > :04:07.prices of up to ?600,000. Lots of people have said, look, Government,

:04:08. > :04:12.if you want to help people get onto the housing ladder without causing a

:04:13. > :04:15.bubble in London or inflating a bubble in London, why don't you cut

:04:16. > :04:20.the amount that people can borrow? Then this money gets funnelled to

:04:21. > :04:24.other parts of England, where house prices aren't rocketing. But then

:04:25. > :04:26.you are still left with the problem of a densely populated capital with

:04:27. > :04:33.lots of young people and families not being able to to buy homes.

:04:34. > :04:37.Actually, the problem is house building. Build some more houses.

:04:38. > :04:42.That is what the European Commission is saying, Mark Carney said it, the

:04:43. > :04:45.man in the street knows it, everybody knows it. Onto the

:04:46. > :04:51.Telegraph. This is not a zombie government. Cameron and Clegg put

:04:52. > :04:55.Queen's speech as they dismissed Queen's speech as they dismissed

:04:56. > :05:07.claims that the coalition has run out of steam. This isn't new news.

:05:08. > :05:10.This is legislation. So, it is a zombie government? They are trying

:05:11. > :05:14.really hard for it not to be. There was a galloping number of

:05:15. > :05:19.initiatives that are going to be announced in the Queen 's speech.

:05:20. > :05:25.The final nine months of legislation before the election. There are lots

:05:26. > :05:30.of things going on, pension reforms, a new pub code that we wrote about

:05:31. > :05:37.today to help tenants of pubs struggling with the pub companies in

:05:38. > :05:42.terms of rent. And helping Nick Clegg get on better with Vince

:05:43. > :05:50.Cable! Sorry, an in`house joke. They both like a pint. An infrastructure

:05:51. > :05:53.built, there are bits and pieces happening. The Government are keen

:05:54. > :05:57.to say this is not a zombie, we are a coalition and we are going to keep

:05:58. > :06:01.working through until the election. The reality is, both parties in the

:06:02. > :06:10.next few months are going to have to... They will have to start

:06:11. > :06:13.splitting apart? Even as Clegg and Cameron get together and insist that

:06:14. > :06:20.they are taking forward a strong legislative programme for the next

:06:21. > :06:24.nine months, they were carping on the Lib Dem inside, saying they were

:06:25. > :06:30.the ones that did the Pope reforms, with the Tories dragging their

:06:31. > :06:37.heels. `` Pope reforms. The Lib Dems were claiming they have entered the

:06:38. > :06:42.Tories from introducing fresh immigration legislation into the

:06:43. > :06:45.Queen's speech. At the front of the coalition, you have Cameron and

:06:46. > :06:48.Clegg saying they will go all the way. I'm the scenes, people are

:06:49. > :06:58.positioning. They have to, because, to use the well worn phrase of the

:06:59. > :07:07.last few weeks, there has to be unconscious uncoupling? Or is it

:07:08. > :07:11.conscious? Or the Westminster term. It's interesting for Westminster

:07:12. > :07:16.anoraks. The merry dance of the coalition parties, the fact it is a

:07:17. > :07:19.five`year fixed term parliament, everybody knows when the general

:07:20. > :07:23.election will be, the first time in living memory that everybody knows

:07:24. > :07:28.when the election will be. Everybody has their manifesto processes in

:07:29. > :07:34.place. It's quite clear, the coalition is not going to fall

:07:35. > :07:37.apart. It will go into the starting gun of the next general election

:07:38. > :07:43.campaign, three weeks ahead, six weeks ahead, as a single government,

:07:44. > :07:47.at least in form. Then, suddenly, the actual formal uncoupling will

:07:48. > :07:53.just take place. Then, how do they do it? We are already beginning to

:07:54. > :07:58.see it. We are saying, that bit was mine, that bit we don't like was

:07:59. > :08:04.never hours. At the same time, they have to defend the same record,

:08:05. > :08:10.while fighting each other. That, in of itself, will be interesting.

:08:11. > :08:18.Curiouser and curiouser. Staying with the Telegraph, GCSEs and

:08:19. > :08:21.A`levels being abolished? An unusual story, saying that Ofqual is

:08:22. > :08:28.publishing a list of unusual courses. That is what used to be

:08:29. > :08:33.derided in university terms as what they would call Mickey Mouse

:08:34. > :08:40.degrees. Talking about O`levels, GCSEs and A`levels. This is one of

:08:41. > :08:45.those stories, on face value, people would say, that's fine, with the

:08:46. > :08:50.emphasis on literacy, numeracy and a much narrower interpretation,

:08:51. > :08:57.through Michael Gove, of what constitutes a good education for

:08:58. > :09:02.all. My concern, wearing my new day job hat, is, actually, the creative

:09:03. > :09:07.industries, more broadly, is the single most booming part of the

:09:08. > :09:13.British economy. Employment is six times the average other parts of the

:09:14. > :09:19.British economy. There are certain parts, properly taught, of creative

:09:20. > :09:23.subjects around arts, music, design, that are just being completely

:09:24. > :09:27.sidelined by this government, in its otherwise legitimate focus on

:09:28. > :09:31.literacy and numeracy. What that is going to do, long`term, Britain,

:09:32. > :09:38.received in TV programmes, designers, fashion, it is rocking

:09:39. > :09:42.ahead of other countries in this. If we continue down this route of

:09:43. > :09:45.denigrating artistic and creative subjects, then those very people

:09:46. > :09:49.that are top business people will not be the next generation. The

:09:50. > :09:55.other thing I would say is that you can't have it both ways. On the one

:09:56. > :09:59.hand, the Government has massively expanded the university sector and

:10:00. > :10:05.higher education sector. There are thousands and thousands more places.

:10:06. > :10:09.But everybody should be doing computer studies? Does everybody

:10:10. > :10:13.have to go to the Russell group and read politics and philosophy,

:10:14. > :10:21.history, chemistry or engineering? You can't have it both ways. If you

:10:22. > :10:25.really want to pare down... But the best creative subjects are not soft

:10:26. > :10:28.options. They should not be seen, they should not be taught as a soft

:10:29. > :10:38.options. They are just as tough as traditional subjects. The Metro,

:10:39. > :10:44.three`parent babies, what is this about? I had to read this quite

:10:45. > :10:52.carefully to understand it, but this is really interesting, this is a new

:10:53. > :11:00.technology whereby, through IVF, you can have donor DNA placed in a

:11:01. > :11:04.mother's egg, and it is the sort of second mother, and it is implanted

:11:05. > :11:11.into a defective egg to correct genetic faults from the mother. So,

:11:12. > :11:16.in cases of genetic illnesses or disorders, this actually means that

:11:17. > :11:23.it could prevent children being born with genetic diseases. So what it

:11:24. > :11:27.means is the DNA of another woman who does not have these genetic

:11:28. > :11:31.disorders is inserted into the egg, and then the sperm, you know, the

:11:32. > :11:35.egg goes into the mother who is having IVF, and she grows the baby

:11:36. > :11:43.and gives birth to the baby, but the baby will carry DNA from a third

:11:44. > :11:47.person. Cancelling out genetic defects. Although you were freaked

:11:48. > :11:53.out by the headline, it seems like a brilliant idea, to be able to

:11:54. > :11:57.erase... You know, some people end up having children with terrible

:11:58. > :12:01.genetic disorders because their partner and they have a recessive

:12:02. > :12:05.gene or something, that when they get together, it throws up is an

:12:06. > :12:10.intended consequence. It would, you know, mean that parents that are

:12:11. > :12:16.carrying genetic disorders would be able to have children that do not.

:12:17. > :12:21.Isn't that a great gift? I am sure there are people worried about the

:12:22. > :12:26.potential abuse of this kind of technology. But on the face of it, a

:12:27. > :12:31.lot of people would say it is probably a good idea. We are going

:12:32. > :12:37.to very quickly skip to the Independent, very quickly, John,

:12:38. > :12:42.Assad, three years ago he was on his way out, wasn't he? Now he will be

:12:43. > :12:46.president for seven years, briefly. The combination of the West, rightly

:12:47. > :12:54.or wrongly, saying it was not going to intervene one year or so ago,

:12:55. > :12:58.which completely consolidated his position. It sapped the strength of

:12:59. > :13:02.the more moderate opposition to Assad, the only opposition in town

:13:03. > :13:06.now is the more fundamentalist opposition, and so as a result the

:13:07. > :13:09.international community has freaked out at that prospect and has almost

:13:10. > :13:17.reluctantly said, this is the lesser of two Peebles. But boy, is the

:13:18. > :13:21.evil! The West is going to have to deal with him now, bet. Well, they

:13:22. > :13:27.have not really been dealing with him for the last few years, have

:13:28. > :13:33.they? I just don't see where this goes, it just feels like it is in a

:13:34. > :13:42.chronic stalemate. The picture is very good, the British educated wife

:13:43. > :13:48.looks terribly well presented while bombs raining down in Damascus

:13:49. > :13:55.suburb is. Quite a contrast. Right, OK, you will be back in an hour for

:13:56. > :14:01.more of the stories that Fleet Street have decided to put forward

:14:02. > :14:05.for us. At the top of the hour we will have much more on the

:14:06. > :14:08.revelations concerning that boys' school up in Rochdale and a

:14:09. > :14:11.suggestion from a whistle`blower that he believes a report he had

:14:12. > :14:16.written about the sexual abuse at the school was covered up more than

:14:17. > :14:33.20 years ago. Now it is time for Sportsday.

:14:34. > :14:38.Coming up on the programme, England are edged out as Sri Lanka win the

:14:39. > :14:43.match and the one`day international series at Edgbaston. England's

:14:44. > :14:47.footballers will be captained by Frank Lampard for the friendly

:14:48. > :14:50.against Ecuador