28/07/2014 The Papers


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. Hello. This is BBC News. We'll be taking a look at tomorrow mornings


papers in a moment. Many of the front pages are in. The Metro warned


that a quarter of young people are priced out of the market. This is


the Express. Benefits for migrants are to be cut under the new


government proposals. The paper also has a picture of the flash floods.


Our graphics are out of sync. Let's bring in our guest. You can take as


do the first story. Take us through the Mail. They are saying strong


things. I have sympathy. Many people can't understand why the bankers who


have done this to the rates don't end up in jail with a criminal


prosecution. They have manipulated the rates for the gain of the


company against the interests of the market and the taxpayer. They


haven't been brought to book. What is going on? This is between April


2008 and September 2009 and we were told we had to save the banks and


was very important for the state the economy. These were traders that cut


4.7 million of what they had to pay back because of what the taxpayers


gave she save the banks. This bat gave to save the banks. We


trusted them. The banking system relied on trust. That is changing


now. That is the price that they need to deal in the market, but it


turned out that wasn't true and they could make up the price. This is


something that trillions of pounds depend on. It is not a tiny issue.


We are told that these are some of the largest finds that the regulator


has slapped on people. The Bank of England was shortchanged by 7.8


million. They have been asked to pay that back. We own the bank. The


taxpayer is paying itself. It doesn't make sense. The size of the


fines is tiny compared to the profit. The message that should be


sent is that criminal prosecution should be brought. That is what Mark


Carney said. This behaviour is unlawful. That should be the next


step. The Mail is seen to throw them in jail. In any other walk of life,


if you are found guilty of fraud, you would be brought to account. It


is not just a question of paying back the money because you were


caught. There have to be consequences to deter other people


from doing it. With what Mark Carney has been saying, has anything


changed in the banking sector? Too little has changed. All the


newspapers are going on this story because there is a real sense of


public outrage. This has cost all of us a huge sum of money. The economy


has been hit terribly by what happened in the banking sector.


After all that, they are behaving in this egregious way. Someone has to


teach them a lesson. We have two restore trust. `` to. It is not a


story that many members of the public will enjoy reading. Would


this separate people from banks? Will people move there account? The


problem with banking is that most of us get into one bank and stay there.


The bank I am when I started was at university. I have been with mine


since I was seven. Individual customers don't examine it and say


no. We don't ask what service the bank is providing. They start their


own regulations and they carry on. They have rules of behaviour that


are impenetrable. Lots of banks are under investigation, like Barclays


Bank. It is not just one bank. If it was, it would be less worrying. It


seems to be across the whole sector. They are all colluding to gather,


traders at different banks, to rig prices. It is a casual way that they


have done it, as if they are entitled to it. Let's look at


tomorrow morning Daily Telegraph Khuzdar David Cameron has written an


article. This is a story about you migration coming here to take


benefits. He is putting out his political stall and sang that they


have stopped it. They can't collect benefits immediately, he says. They


can only collect them for three months are not six months


. `` and not. This article should be taken with a pinch of salt. He is


stating his position of being tough on the EU. I think it is a political


move. Nevertheless, I think it will be popular. This is an attempt to


address some of the issues that have made UKIP more popular. The vast


majority of immigrants that have come in due end up working. They


have come here for jobs. The idea that the then if it system attracts


them, that is something that a lot of people perceive, but in reality,


the figures suggest that most people that come here from overseas come


here to work. The amount of money that will be saved won't be that


significant, but it is a political message. There is a report by the


IMF that if we don't relax immigration laws, Britain's recovery


might be affected. The Prime Minister has spoken in the Daily


Telegraph for a reason. He believes it is the right audience to


address. The wider effects on the economy will be harder to judge. The


issue people are concerned about is that they will be few weeks younger


people coming through. `` fewer younger people. There might be a


shortage in the economy. If we encourage people to work into old


age, part`time, that could address the skills shortage. Nevertheless,


immigration does help the economy in many ways. There is a sense of


public outrage when you hear about people that have never paid into the


national insurance system receiving large sums and benefits. The Prime


Minister is saying we want to try and stop that. That is going to be


more of a theme heading into the


election. Next is a picture of the Duke and Duchess of Cambridge. They


were watching the hockey. More on the Commonwealth Games coming up.


Let's go to the Times. It is about drivers cutting pollution. A few


years ago, we were told that diesel cars were good. We were told they


were cheaper and good for the environment. I believed that. It was


Propaganda. Now it is more expensive and diesel drivers are going to face


more charges to cut pollution. This is a London story. Boris Johnson is


going to suggest it is going to cost an extra ?10 to drive into London


with a diesel car. I feel really sorry for people like me who bought


a diesel car because we thought we were doing good for the environment.


We thought it was the right thing to do and diesel was cheaper, so why


not? They have raised the prices are now we're told it is bad for the


environment. What are we supposed to do? It is a difficult situation. Get


on your bike. That is what Boris Johnson would say. Let's go to the


Guardian aren't tomorrow's FrontPage. `` and tomorrow's front


page. They are talking about the sanctions in Russia. Is it going to


be verbal or is it going to affect Russia? Rusher's response is that if


you really apply sanctions that bite, you are going to be worst


affected. `` Russia's response. Germany and France have been more


reluctant to introduce sanctions. David Cameron has talked tough. It


will be interesting in London. President Putin has a lot of Rands


here in London. They are saying maybe it will make them tougher if


they can withstand sanctions. It is difficult to know what you can do.


Putin is such a Grandstander. He says that we can't


hurt them, even though we are trying. With the Ukraine, they


didn't look at the consequences of what would happen and it is bad EU


foreign policy biting us. What are we supposed to do now? It is a


difficult situation. Let's go to the Scotsman. We don't often get to the


Scottish newspapers. It is a good time with the games. I have just


come back from Glasgow. There is a real buzz. It was better than it was


in Brazil. They are extremely friendly in Scotland. I am not sure


that in London, when you look at the newspapers, whether there is any


violence. This is really the Scottish games. It is not like


London with Team GB performing well. That was a countrywide phenomenon.


There were people in Cornwall that won't feeling it's like we were


here. `` that weren't feeling it. What are your thoughts? I think a


lot of people were watching it on television. It is like Wimbledon. It


doesn't buzz all over the nation, but people are watching it. I think


we are expecting too much. The Olympics were a 1`off. From an


athletes' point of view, they spend years gearing up for this. We have


to leave it there. Thank you so much for talking us through the papers.


Stay with us on BBC News, as the cease fire in Gaza continues. Coming


up next, the sports News.


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