03/06/2014 The Papers


No need to wait until tomorrow morning to see what's in the papers - tune in for a lively and informed conversation about the next day's headlines.

Similar Content

Browse content similar to 03/06/2014. Check below for episodes and series from the same categories and more!



bring you the latest from the French open as Novak Djokovic and Maria


Sharapova advance to the semifinals. Welcome to our look at what the


papers are bringing us tomorrow. With me are Beth Rigby, of The


Financial Times, and John Kampfner. We are going to start with a


Financial Times. It is reporting that RBS has become the second bank


to cap large mortgage loans. The Telegraph has a photograph of two


veterans who met today for the first time since they took part in the


D`day landing 70 years ago. The barrel bomb and the ballot box is


the headline on the front of The Independent, which has been


examining how President Assad has held onto power in Syria. The Metro


has the story of three parent babies to be born in two years after


controversial procedure was given the go`ahead. The Daily Mail says


that shoppers will have to pay 5p for plastic backs from next year. We


are going to start with The Financial Times. RBS, mortgages are


going to be capped amid fears of a housing bubble. The suggestion that


we are heading, potentially, for a crisis here, that is really


beginning to gain traction? This is one of those stories that has a fair


amount of politics in it. It is one of those things, when there is a


problem with your own country, people want to hear it more from it


comes from a countryman. They are less prone to hear it when it comes


from a foreign body. In one respect, the fact there is criticism from the


European Commission of Britain's policy, will be grist to the mail


for the Eurosceptics. At the same time, in quality terms, pretty much


everybody is saying the same thing, that there is an overheating housing


market, that the Government's well`intentioned moves to help


people get onto the housing ladder probably made it too easy, certainly


in London and the south`east. Therefore, the bubble we are already


seeing, and elsewhere we see 11% house price rises in the past year.


But the fundamental problem is a lack of supply. Actually, the


European Commission also said that in the report that they gave


yesterday, warning on the housing market. What is interesting about


this story is that the two banks, the two big mortgage lending banks


that so far have voluntarily capped mortgages, they are RBS and Lloyds.


Watch our state backed. Which are supposed to be independent. Partly,


in the case of RBS, the taxpayer owns over 80% of that bank. Are


these soft measures to try and prevent or stop the Bank of England


having to intervene? When you think about it, Help To Buy, the


Chancellor's scheme to help people onto the housing ladder, it is a


flagship Tory policy, going into the next election. They do not want the


Bank of England to half to clamp down's On that? On mortgage lending.


If you can clamp down the market by making it slightly harder to get


mortgages, maybe that is part of the issue. It is incredibly London


centric, this story. The Help To Buy scheme has hardly affected London?


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


prices of up to ?600,000. Lots of people have said, look, Government,


if you want to help people get onto the housing ladder without causing a


bubble in London or inflating a bubble in London, why don't you cut


the amount that people can borrow? Then this money gets funnelled to


other parts of England, where house prices aren't rocketing. But then


you are still left with the problem of a densely populated capital with


lots of young people and families not being able to to buy homes.


Actually, the problem is house building. Build some more houses.


That is what the European Commission is saying, Mark Carney said it, the


man in the street knows it, everybody knows it. Onto the


Telegraph. This is not a zombie government. Cameron and Clegg put


Queen's speech as they dismissed Queen's speech as they dismissed


claims that the coalition has run out of steam. This isn't new news.


This is legislation. So, it is a zombie government? They are trying


really hard for it not to be. There was a galloping number of


initiatives that are going to be announced in the Queen 's speech.


The final nine months of legislation before the election. There are lots


of things going on, pension reforms, a new pub code that we wrote about


today to help tenants of pubs struggling with the pub companies in


terms of rent. And helping Nick Clegg get on better with Vince


Cable! Sorry, an in`house joke. They both like a pint. An infrastructure


built, there are bits and pieces happening. The Government are keen


to say this is not a zombie, we are a coalition and we are going to keep


working through until the election. The reality is, both parties in the


next few months are going to have to... They will have to start


splitting apart? Even as Clegg and Cameron get together and insist that


they are taking forward a strong legislative programme for the next


nine months, they were carping on the Lib Dem inside, saying they were


the ones that did the Pope reforms, with the Tories dragging their


heels. `` Pope reforms. The Lib Dems were claiming they have entered the


Tories from introducing fresh immigration legislation into the


Queen's speech. At the front of the coalition, you have Cameron and


Clegg saying they will go all the way. I'm the scenes, people are


positioning. They have to, because, to use the well worn phrase of the


last few weeks, there has to be unconscious uncoupling? Or is it


conscious? Or the Westminster term. It's interesting for Westminster


anoraks. The merry dance of the coalition parties, the fact it is a


five`year fixed term parliament, everybody knows when the general


election will be, the first time in living memory that everybody knows


when the election will be. Everybody has their manifesto processes in


place. It's quite clear, the coalition is not going to fall


apart. It will go into the starting gun of the next general election


campaign, three weeks ahead, six weeks ahead, as a single government,


at least in form. Then, suddenly, the actual formal uncoupling will


just take place. Then, how do they do it? We are already beginning to


see it. We are saying, that bit was mine, that bit we don't like was


never hours. At the same time, they have to defend the same record,


while fighting each other. That, in of itself, will be interesting.


Curiouser and curiouser. Staying with the Telegraph, GCSEs and


A`levels being abolished? An unusual story, saying that Ofqual is


publishing a list of unusual courses. That is what used to be


derided in university terms as what they would call Mickey Mouse


degrees. Talking about O`levels, GCSEs and A`levels. This is one of


those stories, on face value, people would say, that's fine, with the


emphasis on literacy, numeracy and a much narrower interpretation,


through Michael Gove, of what constitutes a good education for


all. My concern, wearing my new day job hat, is, actually, the creative


industries, more broadly, is the single most booming part of the


British economy. Employment is six times the average other parts of the


British economy. There are certain parts, properly taught, of creative


subjects around arts, music, design, that are just being completely


sidelined by this government, in its otherwise legitimate focus on


literacy and numeracy. What that is going to do, long`term, Britain,


received in TV programmes, designers, fashion, it is rocking


ahead of other countries in this. If we continue down this route of


denigrating artistic and creative subjects, then those very people


that are top business people will not be the next generation. The


other thing I would say is that you can't have it both ways. On the one


hand, the Government has massively expanded the university sector and


higher education sector. There are thousands and thousands more places.


But everybody should be doing computer studies? Does everybody


have to go to the Russell group and read politics and philosophy,


history, chemistry or engineering? You can't have it both ways. If you


really want to pare down... But the best creative subjects are not soft


options. They should not be seen, they should not be taught as a soft


options. They are just as tough as traditional subjects. The Metro,


three`parent babies, what is this about? I had to read this quite


carefully to understand it, but this is really interesting, this is a new


technology whereby, through IVF, you can have donor DNA placed in a


mother's egg, and it is the sort of second mother, and it is implanted


into a defective egg to correct genetic faults from the mother. So,


in cases of genetic illnesses or disorders, this actually means that


it could prevent children being born with genetic diseases. So what it


means is the DNA of another woman who does not have these genetic


disorders is inserted into the egg, and then the sperm, you know, the


egg goes into the mother who is having IVF, and she grows the baby


and gives birth to the baby, but the baby will carry DNA from a third


person. Cancelling out genetic defects. Although you were freaked


out by the headline, it seems like a brilliant idea, to be able to


erase... You know, some people end up having children with terrible


genetic disorders because their partner and they have a recessive


gene or something, that when they get together, it throws up is an


intended consequence. It would, you know, mean that parents that are


carrying genetic disorders would be able to have children that do not.


Isn't that a great gift? I am sure there are people worried about the


potential abuse of this kind of technology. But on the face of it, a


lot of people would say it is probably a good idea. We are going


to very quickly skip to the Independent, very quickly, John,


Assad, three years ago he was on his way out, wasn't he? Now he will be


president for seven years, briefly. The combination of the West, rightly


or wrongly, saying it was not going to intervene one year or so ago,


which completely consolidated his position. It sapped the strength of


the more moderate opposition to Assad, the only opposition in town


now is the more fundamentalist opposition, and so as a result the


international community has freaked out at that prospect and has almost


reluctantly said, this is the lesser of two Peebles. But boy, is the


evil! The West is going to have to deal with him now, bet. Well, they


have not really been dealing with him for the last few years, have


they? I just don't see where this goes, it just feels like it is in a


chronic stalemate. The picture is very good, the British educated wife


looks terribly well presented while bombs raining down in Damascus


suburb is. Quite a contrast. Right, OK, you will be back in an hour for


more of the stories that Fleet Street have decided to put forward


for us. At the top of the hour we will have much more on the


revelations concerning that boys' school up in Rochdale and a


suggestion from a whistle`blower that he believes a report he had


written about the sexual abuse at the school was covered up more than


20 years ago. Now it is time for Sportsday.


Coming up on the programme, England are edged out as Sri Lanka win the


match and the one`day international series at Edgbaston. England's


footballers will be captained by Frank Lampard for the friendly


against Ecuador


Download Subtitles