04/09/2014 The Papers

lead to one of them having to leave the F1 team.

Sportsday is in 15 minutes after The Papers.

Welcome to our look ahead to what the newspapers will bring us

tomorrow. With me is the broadcaster and journalist Henry Bonsu. And we

also joined by the former Minister for trade and investment, Lord Digby

Jones. Good evening. The Telegraph says the UK is getting ready for war

with Islamic State militants and David Cameron could launch air with

Iraq and Syria within weeks. The Guardian says the Prime Minister has

pleaded with world leaders not to give in to Islamic State's demands

for ransoms. The Metro leads with the killing of an 82`year`old woman

in Edmonton. The Daily Express describes how illegal immigrants

tried to storm ferries bound for Britain. The paper claims our border

security is a shambles. The Daily Mail has the same story. It says

riot squads were sent into Calais. The Financial Times reports on how

the European Central Bank president caused jitters in the market after

cutting interest rates to a record low.

I real mix of stories. Let's start with what everybody is talking about

with the debate over what to do with Islamic State. Britain gears up for

war, is how the Daily Telegraph reports on it. This seems to have

moved on from what Mr Cameron was saying in the early days. There was

very little talk of military action. Of course will stop here

summit taking place in Celtic Manor. David Cameron is looking very nice

with these children but there is a fire breathing Welsh dragon in the

background and Mr Cameron is breathing fire saying he will always

act in the British national interest. He seems to be doing a bit

of a Tony Blair with Bill Clinton, trying to persuade President Obama

to go further than he has already done, when it comes to bombing known

positions of Islamic State in Iraq and possibly go on to Syria. He made

it clear that there is no legal impediment to the UK launching these

strikes. It will give a lot of MPs who voted against action in Syria

last year, the jitters. That is one reason why I think Tory whips were

canvassing backbench opinion last night and finding out that Tory

resolvers hardening and people are getting more hawkish. Do you not

think that both leaders have a lot in common? In the same way Blair and

Bush wanted war and very much brought us into war with Iraq and

Afghanistan, these two gentlemen are reluctant. They both came in on that

we will bring the troops home ticket. The concept of we are not

going off on adventurism again. Particularly President Obama. The

public seem to like that. Yesterday I talked to the graduate entry of a

big multinational country in Britain. These people are 21 or 22

years old. I said, help me, you have a Prime Minister who in the next two

weeks, God forbid this happens but it probably will, we are going to

watch a Brit beheaded. And he knows this. And the British public, to a

man and woman, are going to say, something should be done. So he has

got to respond to public opinion that says, this is disgusting, this

is awful, something has to be done. We do not know what special services

are doing and he is hardly likely to tell us. At the same time, something

that is done, at least the British public `` half the British public

are saying, I do not want you to do that. I do not want boots on the

ground, I do not want you to kill innocent people, I do not want you

to get involved but by the way, something must be done. Anyway, it

ended and I said what would you do? One of them said, I just would not

be Prime Minister! There is a lot in that, you know. This is one of the

reasons why people who get the top job age grow quickly. The thing is

what is your line, what is non`negotiable? David Cameron was

saying yesterday, I'm like by implication, the French and other

European Union countries, Britain does not do deals with terrorists,

Britain does not pay to get its people out. There is a lot of

speculation in The Papers tomorrow that Islamic State, that is what

they want. They want Britain and America to launch war. It helps them

recruit. It is a political position. It is a recruiting sergeant. The

moment you do that, use only have people saying, I did not mean this.

But when you have to respond to an obscenity happening in front of

everybody's eyes, democratically elected politicians have to do

something. We must move on. It is a huge debate about whether we should

go back into war or not. Also on the front page of the Daily Telegraph,

UKIP woos Tory and Labour MPs who claims that defecting will boost

votes. Henry, this is with poles as well? I'm not sure who did these

polls. It shows they have got a lot of money. Commissioning these

independent private polls do cost a lot of money. A number of MPs have

admitted that people have been canvassed. They themselves have

been. People like the Conservative MP Adam Holloway says he has been

approached for times in the last week alone by a UKIP MEP. Gordon

Henderson and MP as well. And it is also claimed in this story that

Douglas Carswell, the former Tory MP, or is shown evidence that he

would retain his seat more easily if he became a UKIP MP. This is about

an anti`Tory issue. It is always promoted as anti`Tory. Vote Yes in

Scotland, anti`Tory. UKIP, anti`Tory. And yet, the party which

is probably sleepwalking to perform a decline in both environments is

probably the Labour Party. In Scotland, they are the people who

suffer in England if they lose their Labour majority in Scotland. And

secondly, in a lot of working`class Labour seats in northern England,

UKIP are making enormous strides. So they tell us. All I would say,

cautioning equanimity here, everybody is a dissenting UKIP's

progress on a Tory issue. It is actually Labour. There are two

issues at the centre of the next general election, one is immigration

and one is money. On page two of the Daily Express, millions the home

loans rate rise. It did not go up this time but the signs are there.

No they have been saying that for the past four years! Two people put

their hand up last time. We at the moment have the most successful

economy in the Western world. Our growth is four times stronger than

France and stronger than Germany. The problem we have got is when you

have successful economies, if you do get this surge of need for both

goods and wages, you get inflation. The way to choke off inflation is

not to put stonking great rises up, it is early on a little bit. Are we

into the sixth year of the same interest rate? Problem you have got

is people have made purchase decisions on house is, indeed, they

have probably moved twice in the time and they are an Apex trait.

When a fixed rate comes to an end next year, they will be hit with

twice the interest rate `` they are on a fixed rate. And there will be a

financial crisis? Spot on. The markets were very startled by the

moves by the European Central Bank president. Why were they startled?

This headline is only of interest to Britain in one Y. They did not

expect him to do it. Look at Norman Lamont 1992 and George Soros, there

would only be one winner. This is no different. They thought, he cannot

mean this because this means we will go to a 0`sum game. The only reason

it matters to people this tonight is although we increasingly export more

goods and services to the rest of the world, it is still sort of about

45% of our home market is the euro zone. The problem with the eurozone

is it is in big trouble. They do not buy our goods and services. We have

ever got a few minutes and I know you are very keen to talk about the

other headline on the Financial Times, negligence ruling sets up BP

for an $18 billion fine. The devil is in the detail, isn't it? BP acted

with gross negligence. And they will be fined $18 billion that they can

appeal. They are saying that they will pay a penalty of up to $4300

per barrel spilt and that is a colossal fine. The big question is

whether or not they will have to pay it and whether this is a political

decision. Does this not affect our pensions as well? Barack Obama

starts call it `` calling it British Petroleum when it has not been so

for a long time. Every single person on both sides of the pond, if they

have a pension scheme, tend to have shares in BP. If you look at the

last paragraph of this article, it says, American companies, two other

groups, were companies doing stuff on the rig that were contracted from

BP, so BP deserved to be blamed that these two were actually there at the

coal face. These two companies facing legal action were found

negligent but not reckless and they will face smaller penalties. I would

just like to know if that would be the same conclusion if they were

American. It does worry me that this smacks of protectionism. I would

love is this judge was in charge because what some of these companies

get away with in Nigeria's unbelievable. Two American countries

get away with less than a British company.

The collision in Belgium COULD cost Lewis Hamilton or Nico Rosberg