:00:00. > :00:14.Gerrard will quit international football. That is all coming up in
:00:15. > :00:18.15 minutes. Hello and welcome to our look ahead
:00:19. > :00:20.to what the papers will be bringing us tomorrow. With me are the
:00:21. > :00:26.political commentator Miranda Green and Tom Bergin, Business
:00:27. > :00:30.Correspondent at Reuters. Tomorrow's front pages, starting with... The
:00:31. > :00:33.Financial Times leads with the story of the Tesco Chief Executive going `
:00:34. > :00:39.'Chief Ousted as Tesco bows to city' is their headline. Some of the
:00:40. > :00:49.papers pick up on David Cameron's comments on the Maylasian Airlines
:00:50. > :00:51.crash. The Times has 'stop selling warships to Russia', PM tells
:00:52. > :00:54.France. While The Daily Telegraph quotes the Prime Minister as saying
:00:55. > :00:58.it's time to punish Putin. The Sun says the UK is ready to freeze the
:00:59. > :01:01.assets of various Russian Oligarchs ` their headline is 'crony war.' The
:01:02. > :01:04.Independent has a close`up picture of the singer and former X Factor
:01:05. > :01:09.judge Tulisa Contostavalos, after her trial on drugs charges
:01:10. > :01:12.collapsed. Tulisa's story is also on the front page of the Metro. The
:01:13. > :01:16.Daily Mail features a new official picture of Prince George, who's
:01:17. > :01:18.celebrating his first birthday. And the Guardian leads with a story
:01:19. > :01:21.about female genital mutilation, their headline, 'Parents who allow
:01:22. > :01:32.FGM will be prosecuted.' So let's begin... We will focus on some of
:01:33. > :01:44.those stories, starting with the front page of the Sun. The headline
:01:45. > :01:50.is crony war. Absolutely. The focus has moved on how best to express
:01:51. > :01:55.international outrage to Russia and to President Putin over the downing
:01:56. > :02:05.of the Malaysian jet type Pro brush and rebels in Ukraine `` pro`
:02:06. > :02:10.Russian rebels. The Sun has decided to go with the most recognisable
:02:11. > :02:15.Russians who are either residents in the UK or an incredibly high`profile
:02:16. > :02:22.assets in the UK for example, Chelsea football club and the
:02:23. > :02:27.suggestion is that the government in this country will get tough on Putin
:02:28. > :02:36.by targeting individuals who are known to have close links to him
:02:37. > :02:44.including the owner of that football club and another who has a
:02:45. > :02:52.significant stake in Arsenal. One of them owns a dot on which George
:02:53. > :02:59.Osborne was hobnobbing `` yacht. They are all in the Putin Circle in
:03:00. > :03:03.some way and all will be targeted. The other papers explain that there
:03:04. > :03:09.are different levels of sanctions which makes it problematic and
:03:10. > :03:12.Britain is trying to convince other countries in Europe to go up to
:03:13. > :03:18.level three which doesn't include the targeting of the cronies so it
:03:19. > :03:21.is a little unclear whether these individuals who are so famous in the
:03:22. > :03:27.UK will really be targeted immediately. I suppose there is a
:03:28. > :03:32.doubt as to whether if you target a crony, a very wealthy crony, does it
:03:33. > :03:40.make a tremendous deal of difference to Vladimir Putin? Possibly not but
:03:41. > :03:42.everyone has already decided that targeted sanctions are not working
:03:43. > :03:50.and that we need to move beyond that. If we really wanted to use big
:03:51. > :03:55.levers, we need to look at big companies and transactions. What we
:03:56. > :04:00.haven't seen is, what are these issues that people can bring to the
:04:01. > :04:04.table and contribute? If this is the best of the UK can offer, to say
:04:05. > :04:09.that we will put pressure on these people, I am not sure how good it
:04:10. > :04:14.will be. For the UK, the big issue is the city, there is big financial
:04:15. > :04:19.exposure here and it is where Russian companies come to raise
:04:20. > :04:26.funds. If the UK did make it more difficult for Russia to take
:04:27. > :04:33.advantage of the capital market through London, of course other
:04:34. > :04:37.countries and developing nations who also raise funds to Britain might
:04:38. > :04:44.not find Britain to be the place they want to do business anymore.
:04:45. > :04:51.Putting in sanctions of that nature are slightly problematic for those
:04:52. > :04:57.reasons `` is. It might do more damage to the UK then to these
:04:58. > :05:04.individuals. The Times, you mentioned level three. That is
:05:05. > :05:09.mentioned here. It focuses on what the Prime Minister has said to the
:05:10. > :05:15.French about the warships deal. Many of the papers are taking the David
:05:16. > :05:20.Cameron line. In the House of Commons, he said that he would love
:05:21. > :05:23.to get tougher on Putin but he just can't persuade the Germans and the
:05:24. > :05:29.French to be as tough as they would like them to be. The French have an
:05:30. > :05:33.order which they are determined to for fill for warships that they want
:05:34. > :05:40.to deliver to Russia and David Cameron has picked on them to say,
:05:41. > :06:09.in our country, it would be unthinkable to do this. Fulfil. ``
:06:10. > :06:13.ffulfill. I do think this is slightly theatrical given that the
:06:14. > :06:27.city of London has so much to lose from any sort of serious sanctions.
:06:28. > :06:30.This would put sanctions on Gazprom which would damage the city of
:06:31. > :06:41.London through financial and economic means. We have large shares
:06:42. > :06:45.in many Russian companies but it is quite indirect how we're related. If
:06:46. > :06:49.you are a French person, I can see how you would not want to kill that
:06:50. > :06:57.order as it is worth millions of euros and I think it possibly will
:06:58. > :07:00.not be moved by what has been said. It is not in any way equivalent to
:07:01. > :07:06.the loss that the French would suffer, what is happening here. The
:07:07. > :07:12.issue is coming what is the best way to behave to get cooperation on the
:07:13. > :07:15.ground. That is what is wanted by the relatives of those who were
:07:16. > :07:20.killed in the downing of the jet. Many are waiting to see what the
:07:21. > :07:26.Netherlands have to say as many Dutch people were killed when the
:07:27. > :07:34.plane crashed Earth. Some are saying that access to the site, trying to
:07:35. > :07:39.get those bodies back, all of that depends not on coming down too hard
:07:40. > :07:44.on the Russians but on the letting things play out a bit more. It is a
:07:45. > :07:49.tactical decision to go soft and get as much access as possible right
:07:50. > :07:52.now. Although in theory, that UN Security Council resolution should
:07:53. > :08:02.help but it is about happening in practice rather than theoretically.
:08:03. > :08:06.You have to have a look at the track record of going soft on Vladimir
:08:07. > :08:13.Putin not being very successful. This is the front page of the
:08:14. > :08:21.Telegraph. George Osborne to slash a tax on pension funds. This with a
:08:22. > :08:30.strange one. I wasn't sure what the threat could be. It turns out is a
:08:31. > :08:47.bit more obligated than I had thought `` complicated. If you died,
:08:48. > :08:58.and your income was not taxed,. Now will be `` that now will be payable
:08:59. > :09:03.to your heirs but in a reduced capacity. One of the reasons it was
:09:04. > :09:10.changed was due to concerns of tax avoidance but the larger story that
:09:11. > :09:13.this is part of is that George Osborne has led the biggest change
:09:14. > :09:20.in pension taxation in a generation and has said that, you no longer
:09:21. > :09:24.have to use a pension nest egg that we have helped you build up by not
:09:25. > :09:31.taxing you so hard, you can go and spend it on what you like rather
:09:32. > :09:38.than in an annuity. The other question is, will people invest
:09:39. > :09:46.wisely or become victims of snake oil salesman? That is the accusation
:09:47. > :09:54.he has to face. I also can't help noticing that there is an election
:09:55. > :09:59.coming up. The Telegraph is saying that this very technical change was
:10:00. > :10:05.announced in his autumn statement and that will be in the lead up to
:10:06. > :10:15.his final budget before the 20 15th of May general election and this is
:10:16. > :10:18.very much core Tory territory. Inheritance tax and whether you make
:10:19. > :10:29.it easier for people to pass on at DeMolay did well to their heirs ``
:10:30. > :10:40.accumulated wealth. As technical as this change is coming they will be
:10:41. > :10:44.delighted because what better place to advertise? We will stay with the
:10:45. > :10:55.front of the Telegraph. What to get for a Prince who has everything?
:10:56. > :11:01.Many of the papers are using these delightful pictures which were used
:11:02. > :11:05.to celebrate the first birthday of Prince George. This little story
:11:06. > :11:10.accompanying the picture in the telegraph reveals that since he has
:11:11. > :11:17.been born in just one year, he has received 4000 gifts from all around
:11:18. > :11:23.the world, 48 countries. Most parents feel that way with the
:11:24. > :11:41.conglomeration of plastic toys in one's house but he actually have
:11:42. > :11:46.it! They are rather extravagant. His parents, William and Kate have
:11:47. > :11:49.decided that he should not be showered with any more gifts on his
:11:50. > :11:56.birthday and I think this will resonate with a loss of parents
:11:57. > :11:57.because I certainly find that on a child's birthday, you receive an
:11:58. > :12:07.embarrassing amount of generosity from Ben's and family `` friends and
:12:08. > :12:10.family. The child gets overwhelmed. We tend to just put them in a
:12:11. > :12:13.cupboard and pretend they never arrived in the house. I'm not quite
:12:14. > :12:23.sure what they will do with the excess gifts. He has a fattened
:12:24. > :12:26.calf. Where will they put that? Environmental concerns begin to
:12:27. > :12:30.overwhelm me when I see the amount of gifts that come into the house
:12:31. > :12:36.and we ration them as well but it is a wonderful picture. It is
:12:37. > :12:53.apparently this display of butterflies at the natural ``
:12:54. > :12:54.National History Museum. Now to Scotland for the start of the
:12:55. > :13:14.Commonwealth Games. I have not been up to speed on it. I
:13:15. > :13:18.didn't realise that Scotland played separately. It could be a wonderful
:13:19. > :13:27.thing to bring the United Kingdom together, but obviously not. I do
:13:28. > :13:35.wonder about the relevance of the Commonwealth Games. Sport is highly
:13:36. > :13:45.commercial. I am not sure how excited sponsors are about this. I
:13:46. > :13:51.am intrigued as to how it will compare with the London 2012 games.
:13:52. > :14:03.That was such a boost for the winners in Team GB. Those of us who
:14:04. > :14:11.would like the UK to stay together, I hope it won't lead to a boost for
:14:12. > :14:23.Alex Salmond, and his campaign. That is all we have time for. Stay with
:14:24. > :14:28.us and we will have the latest on the United Nations requiring full
:14:29. > :14:36.access to the site of the crash of MH17. Coming up next, it is time for
:14:37. > :14:39.Sportsday.