10/07/2014

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:00:00. > :00:00.have all of the action from that, so a signing from Arsenal, and a record

:00:00. > :00:15.for Rory Mackle Roy. Hello and welcome to our look

:00:16. > :00:18.ahead to what the the papers With me are Tim Montgomerie of The

:00:19. > :00:24.Times and Ian Birrell, contributing Tomorrow's front pages, starting

:00:25. > :00:27.with: The FT leads on fears over one of

:00:28. > :00:34.Portugal's biggest banks which led to a sharp sell off of shares

:00:35. > :00:36.across European markets. getting into debt at twice the rate

:00:37. > :00:56.of men their own age as they try The Telegraph says men that have the

:00:57. > :01:01.vasectomy is are at a higher risk of developing prostate cancer. The

:01:02. > :01:05.Guardian reports on the concessions the Prime Minister made in order to

:01:06. > :01:13.secure cross`party support for emergency surveillance laws.

:01:14. > :01:16.And the top story in the Express top story reveals

:01:17. > :01:19.that a million more people are to be offered free weight loss surgery

:01:20. > :01:21.in a bid to stop them developing diabetes and heart disease.

:01:22. > :01:29.Berlin has put its foot down. The Germans are fed up, aren't they?

:01:30. > :01:36.Before angular Merkel heads off to Brazil to watch her nation try and

:01:37. > :01:47.put a feud goals past Argentina she is dealing with this very lies issue

:01:48. > :01:56.with America. `` a feud. She was able to deal with this forced the

:01:57. > :01:59.coalition with Liberal Democrats. The left are much more concerned

:02:00. > :02:05.about this infiltration of the German system and her own party. She

:02:06. > :02:10.is no longer quite the master of this issue that she was a year ago.

:02:11. > :02:18.She has been forced to take tough action against America because the

:02:19. > :02:23.German people are very unhappy. The reality of course is that all

:02:24. > :02:28.nations spy on each other. They do not spy on us, apparently. The

:02:29. > :02:33.transatlantic relationship is a different one. Germany probably knew

:02:34. > :02:41.they are being spied on, but now it has been revealed they have two

:02:42. > :02:49.respond. The fact is that the state department spokeswoman was asked

:02:50. > :02:54.repeatedly and she had to stonewall. It is alleged spying and the

:02:55. > :03:03.suggestion is that they have been called to rights on this. What are

:03:04. > :03:06.they trying to get? One issue is the parliamentary enquiry where someone

:03:07. > :03:10.is feeding information, and the other more serious is someone in the

:03:11. > :03:18.defence Department. The danger of course is that up to now Merkel has

:03:19. > :03:23.managed to keep a lid on the anti`American sentiment. This may

:03:24. > :03:28.bubble things up. This comes at a time when Europe and the West needs

:03:29. > :03:42.to be united against Putin and his aggression. The Crimea issue is

:03:43. > :03:49.still unresolved. Germany has shown some wobbles on this, and this may

:03:50. > :03:55.be what Putin wants, it allows him to get away with what he is doing.

:03:56. > :03:59.This may be one of the reasons America is spying on them in the

:04:00. > :04:05.first place. They fear that Germany may be getting too close to Russia,

:04:06. > :04:12.and it may be useful for America to know why Germany would take a

:04:13. > :04:22.pro`Putin stance. They can have negotiations with Merkel if they

:04:23. > :04:39.know these things. And the gas problem, or so. Exactly. Staying

:04:40. > :04:47.with the Times, Wonga. What we have here is the church of England and

:04:48. > :04:51.the new Archbishop of Canterbury taking a high`profile stance about

:04:52. > :04:56.Wonga. Now they are taking their money, the pension funds are

:04:57. > :05:05.distancing themselves from Wonga. The question is, do you remember

:05:06. > :05:08.when they said they would provide credit institutions so that people

:05:09. > :05:14.in need of emergency credit would not have to go to Wonga. What

:05:15. > :05:23.happened there? That is a great question. I am slightly concerned

:05:24. > :05:35.about it, but the archbishop said he would put Wonga out of business. The

:05:36. > :05:41.fact is, he said he didn't agree with payday lenders operate. It then

:05:42. > :05:46.transpires, unbeknown to him, that the Church of England has

:05:47. > :05:51.investments in Wonga. He then tried to get them out of the game and it

:05:52. > :05:57.has taken this long, this was months ago. It's no doubt that it's an

:05:58. > :06:01.embarrassing episode for him and the church that he was caught on this

:06:02. > :06:08.when he was trying to come out with a big statement. It has taken a long

:06:09. > :06:14.time to resolve it. There are a lot of issues about the size of church

:06:15. > :06:19.investments and assets. Questions are raised why they don't do more

:06:20. > :06:25.with their money instead of putting it in companies like Wonga. There

:06:26. > :06:34.seems to be a bit of a history of the church being slow on this

:06:35. > :06:45.issue. They had to be pushed to disinvest in Barclays. They are not

:06:46. > :06:51.really. Comic relief got into trouble with this recently. They had

:06:52. > :06:59.exactly the same sort of saga whereby someone confessed to one

:07:00. > :07:05.thing and was caught doing another. A pension fund manager of the Church

:07:06. > :07:12.of England said that figures declined. Money is not coming in

:07:13. > :07:16.through the collection plate and if you are going to pay for the clergy

:07:17. > :07:23.you have to invest and maximise your return. They are saying what is your

:07:24. > :07:31.choice? Do we invest in a legal company like Wonga or do we risk not

:07:32. > :07:38.being able to pay clergy pensions. That is a real world tension. The

:07:39. > :07:46.Telegraph, extending pension age, the only way to clear debt. This is

:07:47. > :07:50.the crux of problems facing our country. We have a new increasing

:07:51. > :07:55.debt that is getting worse and the figures here are very start, saying

:07:56. > :08:01.that in the next 50 years the people aged over 85 is going to quadruple.

:08:02. > :08:07.That will almost double the debt in 50 years. I don't think, as a

:08:08. > :08:11.society, the political class has began to face the implications of

:08:12. > :08:20.this. We have had the strikes today, which have been to some extent

:08:21. > :08:27.related to this. We have the looming NHS crisis, the looming black hole

:08:28. > :08:33.by 2020, and how we afford things we have begun to take as a right. We

:08:34. > :08:39.have not begun to grapple these issues of how we afford our pension

:08:40. > :08:49.system, and our health system. Those whose were on strike today say don't

:08:50. > :08:55.spend stupid money on other issues. Sort other issues rather than

:08:56. > :09:03.cutting our salaries. Can we afford it. It is a fair question to ask.

:09:04. > :09:09.How are we going to afford the NHS, because that is the big one. The

:09:10. > :09:13.reality is that a lot of people think now the economy is growing

:09:14. > :09:18.again that good times are around the corner. We can get the public sector

:09:19. > :09:25.wages up again. The reality is that only half of the deficit will have

:09:26. > :09:31.gone by the end of this. They formed the coalition based on that they

:09:32. > :09:37.would eliminate the deficit in this Parliament. They haven't come close.

:09:38. > :09:42.And Labour are saying they will have to maintain it as well. The thing

:09:43. > :09:51.is, of course, they may be easiest cuts first. The harder decisions lie

:09:52. > :09:57.ahead, which is why Ian is right. The difficult one is how do we pay

:09:58. > :10:02.for our ageing population and the health service. The next election is

:10:03. > :10:06.won to lose, because the party who comes to power, if they take the

:10:07. > :10:12.right decisions in the nation's long`term interests, they could be

:10:13. > :10:20.very unpopular. Charging for using the National Health Service. There

:10:21. > :10:27.is a divide. The difference in opinion between the parties on these

:10:28. > :10:32.opinions is not that different. But in the NHS, there is quite a lot of

:10:33. > :10:37.ideological difference. Labour make a lot of noise about difference but

:10:38. > :10:47.actually it is them that introduced a lot of it. Staying with the

:10:48. > :10:55.Telegraph. This ties in to the previous Tory. This is the problem

:10:56. > :11:04.facing NHS in the short`term. To put it in perspective, hundred and 88

:11:05. > :11:13.countries studied managed to reduce the obesity rate in the past 30

:11:14. > :11:17.years. Coming with this is a huge range of allied costs. Surgery is a

:11:18. > :11:26.controversial thing because a lot of people take the view that why should

:11:27. > :11:31.the state foot the bill. About 14 to ?15,000 per patient, it is by far

:11:32. > :11:35.proved to be the most effective treatment, which is why countries

:11:36. > :11:40.with health insurance are quite happy to pay for it, because

:11:41. > :11:48.long`term the cost is reduced. Again, it shows this is a big issue

:11:49. > :11:55.that we haven't begun to tackle. Should we introduce taxes on

:11:56. > :12:01.sweets, drinks? I don't know if we can have a close up, but there is a

:12:02. > :12:05.guy in a hospital bed with bandages around his arms and says it is

:12:06. > :12:09.cheaper than a gastric band and stops me using a knife and fork.

:12:10. > :12:29.Let's go to the Guardian. Cameron has rushed through the snooping law.

:12:30. > :12:33.We know, with the liminal Liberal Democrats particularly, one of their

:12:34. > :12:39.trite trademarks is the state having too much power to pry into our

:12:40. > :12:45.lives. We have to ask ourselves, those who worry about the state

:12:46. > :12:49.having these powers, why have the liberal Democrats agreed to this?

:12:50. > :12:55.They wouldn't have agreed to this unless they really were convinced by

:12:56. > :13:02.the security services that it was necessary. All due to a dip in the

:13:03. > :13:09.polls. With a dip in the polls the last thing you would do is upset

:13:10. > :13:17.your potential voters a game. They wouldn't do this unless they were

:13:18. > :13:23.convinced the threat is real. As someone said, power corrupts. Is

:13:24. > :13:27.there a sense here that being in power, the Liberal Democrats have

:13:28. > :13:36.decided that this is the reality and we have to start playing power ball

:13:37. > :13:41.`` hardball here. I think we should be naturally sceptical when

:13:42. > :13:45.politicians stand up and go along with something that security

:13:46. > :13:49.services want, which is effectively to privatise the collection of data

:13:50. > :13:55.and dump it on firms like this. We should be suspicious of it. It's

:13:56. > :14:04.good to see some extra restrictions come in, a new oversight board, and

:14:05. > :14:09.it has a new time until 2016, but particularly as journalists we

:14:10. > :14:12.should be suspicious. So you are sceptical of the fact that the

:14:13. > :14:25.government announced they have to do this when PE EU change the law.

:14:26. > :14:32.Overnight they deliver it. They steam`roll and convince all the

:14:33. > :14:39.parties. Thank you. You will be back in half an hour. We will have much

:14:40. > :14:42.more on the hundreds of thousands of workers who took industrial action

:14:43. > :14:44.today over pensions and austerity cuts. Now, it is time for the sport

:14:45. > :14:55.news. Cook serves his wicket

:14:56. > :15:00.on a plate for India. The England captain is

:15:01. > :15:04.out cheaply ? again. Cook serves his wicket

:15:05. > :15:06.on a plate for India. The England captain is

:15:07. > :15:10.out cheaply ? again.