08/09/2014 The Papers


08/09/2014

No need to wait to see what's in the papers - Clive Myrie presents a lively and informed conversation about the next day's headlines.


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England to win their first World. `` qualifier in. We will find out how a

:00:00.:00:00.

spat led to two writers being disqualified in Spain. That is all

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in Sportsday, in 15 minutes, after the papers. Hello and welcome to our

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look ahead to what the papers will be bringing us tomorrow. With me are

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Beth Rigby, deputy political editor of the Financial Times, and John

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Kampfner, director of the Creative Industries Federation. Tomorrow's

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front pages, starting with: The Times reports that a leading

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economist is warning Scottish voters of financial disaster if they vote

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for independence. The front page of the Daily Mail is devoted to the

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Royal pregnancy and the referendum with paper saying that Gordon Brown

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is leading a desperate fight`back by the no campaign. The Guardian has

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Gordon Brown as the saviour of the Union campaign. The Scotsman says

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the fight for Scotland's future is now neck and neck. Another royal

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baby headline from the Mirror, which focuses on the Duchess of

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Cambridge's acute morning sickness. The Metro manages to merge the

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referendum and royal story ` the paper asks if the pregnancy news can

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save the union. And the Sun tells the story of the royal baby in

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inimitable fashion ` it's headline, 'The Bun'. And then Arrow, in case

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you are unsure of where that might be. `` an arrow. The battle to save

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Britain, Gordon Brown launched a last`ditch attempt to save the

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faltering union last night. The problem is a lot of people have

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already voted. Absolutely. You know when certain newspapers site with no

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irony that Gordon Brown is their saviour, you have both newspapers,

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very much wearing their hearts on their sleeves, the Mail in

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particular, but others as well being uncritical of Labour politicians in

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their sort of patriotic mantle, to save the union. You can be equally

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confident that if Scotland does go independent, and the union falls or

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whatever you want to describe it, the recriminations will be

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absolutely vicious. Yes, I mean I suppose one could say that the no

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campaign have just been too complacent, have they? Well, there

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was concern in a few months ago that Alistair Darling wasn't the right

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person to lead the campaign, that he lacked, as people have talked about

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in more recent weeks, the passion. The passion to win over the people

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that he had all the head arguments, all the intellectual arguments about

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currency, about financial institutions, about jobs etc, but

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did he have the heart? Could he win the Scottish hearts from Alex

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Salmond? The concern now is that they have left it right to the

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wire, that they thought that it was going to be a pretty straight round

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to victory for the pro` unionists. And now suddenly everyone has woken

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up with this electrifying poll by YouGov over the weekend, which

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suggest that for the first time this year the yes campaign had edged into

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the lead, and pulls out tonight say it is neck and neck. So we have gone

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from it could never happen, to in ten days time, 300 years of union

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could be over. What is that mean for England, Scotland, Westminster,

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currency, financial institutions, what does it mean for 600,000

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Scots? No one seems to know. That is the bizarre thing. It could happen,

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it is a possibility. And no one really seems to know what it means

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is, fundamentally. I mean the Scottish Daily Mail is saying the ?2

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billion tartan panic, if we go to that one, share prices wiped off the

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share price today, stocks tumbling, all because of the uncertainty of

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something that could very well happen. We were saying earlier,

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there is no contingency planning in Whitehall, in the event of a yes

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vote. The rapper Kuch and, not just for Scotland but for the rest of the

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UK `` repercussions. Every aspect of the future of Westminster, what

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happens to the Scottish seats, what happens to the entire weight the

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country is run. At the other part is, at the very most, if the no

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campaign does manage to sort of galvanise or frighten people and

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they win in the end by 5347, or 52 `48, or whatever, even then things

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are going to change. They have already committed to massively more

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power. But also the extent to which we have seen it with the rise of

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UKIP, the extent of the antipolitics. You have the three

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main parties all saying please vote no. These are all the arguments, and

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people are sticking their fingers up at them and saying yes. The entire

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ranks of Fleet Street are saying please vote no, and everybody is

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anti` power. But what is interesting about the way the Scottish Daily

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Mail have done the story, the Guardian have got the financial

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fallout, and the FT have let on that tonight. Up until this point there

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was always, you mustn't leave because this could happen. This

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could happen, you could be worse off, you could lose jobs. Business

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refused for months and months, and have consistently refused, to

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actually come out in favour of the pro` unionist campaign for fear of

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upsetting their customers, of getting a backlash from the SNP, and

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pro`independence politicians. So everyone has sat on their hands and

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left it to Alistair Darling to do the heavy lifting. But what you are

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seeing now is 2.5 billion wiped off financial institutions today, the

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pound falling to a ten month low. So what you are now seeing, the FT is

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reporting that the banks are saying some people are actually moving

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their deposit from Scotland to England as of the uncertainty. And

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this is the reality of the financial chaos that could happen. And as you

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have said, Paul Krugman, the Economist, and Nobel prizewinner,

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has warned that Scots could face financial disaster. It is not just

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politicians peddling the line now. It is not just politicians peddling

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the line now. Exactly, you are beginning to see the reality of what

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could happen. And I wonder if that might shift... Well it might do, but

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it could equally go the other way. It could equally be the sort of,

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well, the point I was making before, if the forces of the power, big

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money, big politics, tell me to do X, I'll do why. The Guardian had

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Scottish firms, potentially shipping down to London wholesale, because

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they want a bank of last resort, the Bank of England. Going back to the

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point you are making a little earlier, about the sort of rubber

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hitting the road and this might actually make the Scots

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belligerent, all this talk about the economy and dire warnings about at

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all, that sort of stuff, after the first debate, Alistair Darling and

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Alex Salmond, that Alistair Darling won, all the stuff about not be able

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to keep the Sterling, opinion polls showed that the Scottish people or

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those in the polls, thought it was a bluff. They did not think that

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Westminster would follow through on that and take the Queen's head of

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the money they have. The fact is, as you were saying, the evidence is,

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that could well happen. `` off. That could change. The reality is that

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people could start taking their money out of Scotland. Fear of

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capital flight, if I were Scottish, I would be really concerned about

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that. Because the financial services sector is huge in Scotland, it is

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the driver of the economy in Edinburgh. And they have all these

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companies wondering whether they will stay or whether they will come

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back. And actually, the head of the, the economic heads of credit

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Suisse, one of the big investment banks, says there is a clear risk at

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the moment in being part of the capital structure of the Scottish

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financial institutions. Investors are factoring that in. That is why

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all the share prices have come off so heavily today. He says the issue

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will not be keeping Scotland in the pound, but keeping the pound in

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Scotland. The front of the Daily Telegraph, the Queen is urged to

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intervene. Which she won't. She is not allowed to, apparently. Why then

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would the Telegraph put that on its front page? Being urged. Being urged

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is one thing. I whom? By the Daily Telegraph? `` by whom. She will be

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in Balmoral, as is her usual routine, of the late summer and

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early autumn, that is the time the Prime Minister is there, is part of

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the standard routine which happens to coincide with the vote. But

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putting two and two together, there is nothing she can do. I mean her

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job is, and it will be very interesting to see, the other point

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is that if Scotland were to vote yes, there is so much details still

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to be negotiated. In amongst this predicted chaos, just what would...

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I mean, in a way, you've got full independence still to be worked

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out. What is the role of the Queen? What is the role of the Sterling?

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What is the role of the nuclear deterrent? What is the role of

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embassies around the world? Security Council 's? All of that sort of

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stuff still to be negotiated. But if it is no, you still have another

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negotiation, which you could call independence ` lite. And when you

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start giving, they are all saying to Scotland is now what would you

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like, we will buy you off, give you whatever powers you like. What is

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going to happen to other parts of England as well? You look at the

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north`west, you look at the north`east who are discontented with

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the concentration of wealth and power in London, you are going to

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have further fallout within England itself. Tomorrow they will have this

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press conference, where all the leaders of the Scottish, the leaders

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of the main Scottish, sorry, the UK parties loop was Scottish leaders

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are going to lay out what this kind of timetable for devolution that

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Gordon Brown spoke of actually is `` UK parties' Scottish leaders. They

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have had a shock over the weekend, they roll out Gordon Brown tonight

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and that is the kind of headline to save the union. And tomorrow will be

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the detail of the devolutionary proposals and timetable. So there is

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some sort of plan. Strategy. They have got to try and get the momentum

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of the SNP now, to secure... They only have one full week of

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campaigning to go, just ten days. On to the Times. Britain to join the US

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led air strikes against ISIS militants next month.

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Fascinating that until the weekend story of the Scottish referendum

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when it was barely figuring, it was there and thereabouts. The stories

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were international ones. Israel, Gaza, Russia, Ukraine. The threat

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posed by Islamic State and what America did in terms of drones and

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airstrikes in northern Iraq. David Cameron has been hovering. This is

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the anniversary around Nel of the decision by the House of Commons to

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vote against airstrikes, against Bashar al`Assad who won year ago was

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public enemy number one, now he is our enemy's enemy. Over the summer,

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a few weeks ago, there were complaints that we couldn't

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contemplate it while parliament was back. They might well do some

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limited airstrikes. The big question, the equally big question,

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is what happens to the many dozens of British citizens who have signed

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up as jihadis for the fight? What will they do if and when they come

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back? Sorry, we will quickly go to the Daily Mirror. Kate's so sick. To

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seek for engagement, with morning sickness. She was hospitalised. She

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is being treated. In her last pregnancy... You have got to be

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pretty sick. I have had morning sickness and it is unpleasant but to

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be hospitalised... I imagine from the reports I have read that she is

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probably not at 12 weeks yet. At the time where you would normally tell

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people, because you have had your first scan and the baby seems OK.

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They have obviously rushed out the news because she is very ill. It

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must be tough for them in that most people don't want to tell anyone

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about the baby before 12 weeks. They have had to tell the world.

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Conspiracy theorist we're winking it to the Scottish independence issue.

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That is a conspiracy too far. Many thanks. Stay with us on BBC News

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because at midnight we will have more on the timetable set out by

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Gordon Brown to increase the power of the Scottish Parliament if voters

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reject independence. Coming up now, it is time for Sportsday.

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Hello and welcome to Sportsday. I'm Nina Warhurst. A terrific start for

:15:43.:15:50.

England in their Euro 2016 qualifying campaign in Switzerland.

:15:51.:15:58.

Marin Cilic has the upper hand against Kay Nishikori in the men's

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