:00:00. > :00:23.. Hello. This is BBC News. We'll be taking a look at tomorrow mornings
:00:24. > :00:37.papers in a moment. Many of the front pages are in. The Metro warned
:00:38. > :00:44.that a quarter of young people are priced out of the market. This is
:00:45. > :00:52.the Express. Benefits for migrants are to be cut under the new
:00:53. > :01:03.government proposals. The paper also has a picture of the flash floods.
:01:04. > :01:13.Our graphics are out of sync. Let's bring in our guest. You can take as
:01:14. > :01:23.do the first story. Take us through the Mail. They are saying strong
:01:24. > :01:32.things. I have sympathy. Many people can't understand why the bankers who
:01:33. > :01:43.have done this to the rates don't end up in jail with a criminal
:01:44. > :01:47.prosecution. They have manipulated the rates for the gain of the
:01:48. > :01:54.company against the interests of the market and the taxpayer. They
:01:55. > :02:01.haven't been brought to book. What is going on? This is between April
:02:02. > :02:04.2008 and September 2009 and we were told we had to save the banks and
:02:05. > :02:11.was very important for the state the economy. These were traders that cut
:02:12. > :02:13.4.7 million of what they had to pay back because of what the taxpayers
:02:14. > :02:32.gave she save the banks. This bat gave to save the banks. We
:02:33. > :02:43.trusted them. The banking system relied on trust. That is changing
:02:44. > :02:47.now. That is the price that they need to deal in the market, but it
:02:48. > :02:52.turned out that wasn't true and they could make up the price. This is
:02:53. > :03:06.something that trillions of pounds depend on. It is not a tiny issue.
:03:07. > :03:14.We are told that these are some of the largest finds that the regulator
:03:15. > :03:19.has slapped on people. The Bank of England was shortchanged by 7.8
:03:20. > :03:25.million. They have been asked to pay that back. We own the bank. The
:03:26. > :03:31.taxpayer is paying itself. It doesn't make sense. The size of the
:03:32. > :03:39.fines is tiny compared to the profit. The message that should be
:03:40. > :03:45.sent is that criminal prosecution should be brought. That is what Mark
:03:46. > :03:51.Carney said. This behaviour is unlawful. That should be the next
:03:52. > :03:56.step. The Mail is seen to throw them in jail. In any other walk of life,
:03:57. > :04:02.if you are found guilty of fraud, you would be brought to account. It
:04:03. > :04:06.is not just a question of paying back the money because you were
:04:07. > :04:12.caught. There have to be consequences to deter other people
:04:13. > :04:17.from doing it. With what Mark Carney has been saying, has anything
:04:18. > :04:24.changed in the banking sector? Too little has changed. All the
:04:25. > :04:29.newspapers are going on this story because there is a real sense of
:04:30. > :04:34.public outrage. This has cost all of us a huge sum of money. The economy
:04:35. > :04:40.has been hit terribly by what happened in the banking sector.
:04:41. > :04:49.After all that, they are behaving in this egregious way. Someone has to
:04:50. > :04:56.teach them a lesson. We have two restore trust. `` to. It is not a
:04:57. > :05:06.story that many members of the public will enjoy reading. Would
:05:07. > :05:12.this separate people from banks? Will people move there account? The
:05:13. > :05:20.problem with banking is that most of us get into one bank and stay there.
:05:21. > :05:28.The bank I am when I started was at university. I have been with mine
:05:29. > :05:33.since I was seven. Individual customers don't examine it and say
:05:34. > :05:42.no. We don't ask what service the bank is providing. They start their
:05:43. > :05:49.own regulations and they carry on. They have rules of behaviour that
:05:50. > :05:57.are impenetrable. Lots of banks are under investigation, like Barclays
:05:58. > :06:05.Bank. It is not just one bank. If it was, it would be less worrying. It
:06:06. > :06:10.seems to be across the whole sector. They are all colluding to gather,
:06:11. > :06:17.traders at different banks, to rig prices. It is a casual way that they
:06:18. > :06:23.have done it, as if they are entitled to it. Let's look at
:06:24. > :06:29.tomorrow morning Daily Telegraph Khuzdar David Cameron has written an
:06:30. > :06:40.article. This is a story about you migration coming here to take
:06:41. > :06:44.benefits. He is putting out his political stall and sang that they
:06:45. > :06:49.have stopped it. They can't collect benefits immediately, he says. They
:06:50. > :06:53.can only collect them for three months are not six months
:06:54. > :07:07.. `` and not. This article should be taken with a pinch of salt. He is
:07:08. > :07:16.stating his position of being tough on the EU. I think it is a political
:07:17. > :07:25.move. Nevertheless, I think it will be popular. This is an attempt to
:07:26. > :07:32.address some of the issues that have made UKIP more popular. The vast
:07:33. > :07:39.majority of immigrants that have come in due end up working. They
:07:40. > :07:43.have come here for jobs. The idea that the then if it system attracts
:07:44. > :07:48.them, that is something that a lot of people perceive, but in reality,
:07:49. > :07:54.the figures suggest that most people that come here from overseas come
:07:55. > :07:59.here to work. The amount of money that will be saved won't be that
:08:00. > :08:09.significant, but it is a political message. There is a report by the
:08:10. > :08:17.IMF that if we don't relax immigration laws, Britain's recovery
:08:18. > :08:22.might be affected. The Prime Minister has spoken in the Daily
:08:23. > :08:26.Telegraph for a reason. He believes it is the right audience to
:08:27. > :08:31.address. The wider effects on the economy will be harder to judge. The
:08:32. > :08:39.issue people are concerned about is that they will be few weeks younger
:08:40. > :08:46.people coming through. `` fewer younger people. There might be a
:08:47. > :08:51.shortage in the economy. If we encourage people to work into old
:08:52. > :08:57.age, part`time, that could address the skills shortage. Nevertheless,
:08:58. > :09:05.immigration does help the economy in many ways. There is a sense of
:09:06. > :09:11.public outrage when you hear about people that have never paid into the
:09:12. > :09:15.national insurance system receiving large sums and benefits. The Prime
:09:16. > :09:19.Minister is saying we want to try and stop that. That is going to be
:09:20. > :09:32.more of a theme heading into the
:09:33. > :09:38.election. Next is a picture of the Duke and Duchess of Cambridge. They
:09:39. > :09:44.were watching the hockey. More on the Commonwealth Games coming up.
:09:45. > :09:50.Let's go to the Times. It is about drivers cutting pollution. A few
:09:51. > :09:56.years ago, we were told that diesel cars were good. We were told they
:09:57. > :10:03.were cheaper and good for the environment. I believed that. It was
:10:04. > :10:13.Propaganda. Now it is more expensive and diesel drivers are going to face
:10:14. > :10:19.more charges to cut pollution. This is a London story. Boris Johnson is
:10:20. > :10:24.going to suggest it is going to cost an extra ?10 to drive into London
:10:25. > :10:30.with a diesel car. I feel really sorry for people like me who bought
:10:31. > :10:36.a diesel car because we thought we were doing good for the environment.
:10:37. > :10:43.We thought it was the right thing to do and diesel was cheaper, so why
:10:44. > :10:50.not? They have raised the prices are now we're told it is bad for the
:10:51. > :10:58.environment. What are we supposed to do? It is a difficult situation. Get
:10:59. > :11:03.on your bike. That is what Boris Johnson would say. Let's go to the
:11:04. > :11:20.Guardian aren't tomorrow's FrontPage. `` and tomorrow's front
:11:21. > :11:24.page. They are talking about the sanctions in Russia. Is it going to
:11:25. > :11:30.be verbal or is it going to affect Russia? Rusher's response is that if
:11:31. > :11:40.you really apply sanctions that bite, you are going to be worst
:11:41. > :11:47.affected. `` Russia's response. Germany and France have been more
:11:48. > :11:55.reluctant to introduce sanctions. David Cameron has talked tough. It
:11:56. > :12:02.will be interesting in London. President Putin has a lot of Rands
:12:03. > :12:07.here in London. They are saying maybe it will make them tougher if
:12:08. > :12:11.they can withstand sanctions. It is difficult to know what you can do.
:12:12. > :12:25.Putin is such a Grandstander. He says that we can't
:12:26. > :12:32.hurt them, even though we are trying. With the Ukraine, they
:12:33. > :12:39.didn't look at the consequences of what would happen and it is bad EU
:12:40. > :12:45.foreign policy biting us. What are we supposed to do now? It is a
:12:46. > :12:53.difficult situation. Let's go to the Scotsman. We don't often get to the
:12:54. > :12:59.Scottish newspapers. It is a good time with the games. I have just
:13:00. > :13:09.come back from Glasgow. There is a real buzz. It was better than it was
:13:10. > :13:20.in Brazil. They are extremely friendly in Scotland. I am not sure
:13:21. > :13:25.that in London, when you look at the newspapers, whether there is any
:13:26. > :13:35.violence. This is really the Scottish games. It is not like
:13:36. > :13:45.London with Team GB performing well. That was a countrywide phenomenon.
:13:46. > :13:55.There were people in Cornwall that won't feeling it's like we were
:13:56. > :14:02.here. `` that weren't feeling it. What are your thoughts? I think a
:14:03. > :14:08.lot of people were watching it on television. It is like Wimbledon. It
:14:09. > :14:17.doesn't buzz all over the nation, but people are watching it. I think
:14:18. > :14:28.we are expecting too much. The Olympics were a 1`off. From an
:14:29. > :14:35.athletes' point of view, they spend years gearing up for this. We have
:14:36. > :14:47.to leave it there. Thank you so much for talking us through the papers.
:14:48. > :14:51.Stay with us on BBC News, as the cease fire in Gaza continues. Coming
:14:52. > :14:55.up next, the sports News.