09/09/2014 The Papers

champion Michael Schumacher leaves hospital. That's all in Sportsday in

15 minutes. Welcome to our look ahead to what

the papers will be bringing us tomorrow. With me are the pensions

consultant and the Government's older workers business champion, Ros

Altmann and the Evening Standard columnist Mihir Bose. The telegraph

is saying that the Prime Minister has warned that independence is a

leap in the dark that would punish future generations. Party leaders

take the high road says the Guardian, reflecting on the decision

of the main party leaders to travel to Scotland in pursuit of votes. The

Independent says Britain faces a constitutional crisis, after a poll

for the paper suggested that MPs in Scotland would help clinch a victory

at the next general election, even if Scotland votes to become an

independent country. The Financial Times is claiming that

investors are pulling money out of Scotland ahead of the referendum.

The paper also has a picture there from the launch of Apple's iPhone 6

in America. The Metro leads with a story that Shaun Wright, the Police

and Crime Commissioner responsible for Rotherham, has been warned that

special powers will be called for to force him out of his job if he

carries on refusing to quit. We will start with the big story of

the week, next week, the next decade potentially, the Guardian, party

leaders take the high road, Salmond derides panic in the 'No' campaign.

Carney issues warning on currency union. The three main Westminster

party leaders are heading to Scotland tomorrow to see what they

can do to convince the Scots not to vote yes. And the sense of panic, I

guess comes from the fact that PMQ's won't happen. It's going to be

abandoned by the Prime Minister and the leader of the Opposition while

they all go to Scotland. I think the tone of the way Cameron and the

other leaders have started talking just in the last couple of days is

beginning to engage in that emotional level, to really help make

the case that we all want to be stronger together, that we all want

Scotland to remain part of the family of the United Kingdom, as it

were, rather than just assuming that it's all going to be fine. The

complacency is gone and there is this understanding that the campaign

has not engaged at the right level. Now you have the Bank of England

governor, Mark Carney, stepping in saying you can't have the pound.

It's not compatible without being part of the United Kingdom. So all

the big guns are coming out there trying to make the case. Mark Carney

didn't say it was impossible. He said it was going to be tricky, sort

of. Alistair Darling was Incompatible. Asked by Salmond and

he said yes, you can adopt the pound, just as Panama uses the

dollar, the point is... A former Chancellor, he should know his

stuff. The point is that if you have the pound and don't have control of

economic policy, as we saw with the euro currency, what happened. The

problem here, the Guardian says the high road, whatever the result, this

whole debate raises questions about our political establishment. In the

last few days, we are talking about a federal system of government. We

haven't had that in this country. There's been no debate in England,

forget Scotland, no debate in Wales ` do we want a federal system. As

the opinion polls suddenly show what look like a certain No vote into

what might well be a possible Yes vote, suddenly all sorts of ideas

are coming up. The question is ` what have the politicians been doing

for so long? Both Cameron and the Labour and the Lib Dems. Maybe we

should always have had a federal system. How can it be that you have

one MP from the governing party in Westminster in Scotland, one MP.

That is a very strong part of the problem and of the campaign. It goes

to some of the divisions that there are within the United Kingdom as

well. There are pockets in the north of England which are solidly Labour.

They don't get a Tory MP. Pockets in the south where you will never get a

Labour MP. It's solidly Tory. Also, the 'No' campaign have allowed

Salmond to present Scotland as a victim. This country, which has been

a victim of the English for so long, so the only way out is to have

independence. When actually that should have been challenged from the

beginning. A lot of Scots believe that though, clearly, according to

the polls. That should have been chal epgd. No `` challenged. No,

being together has brought enormous benefits to Scotland. You have

people putting that opposite point of view to the Scots, who aren't

trusted. You have a Prime Minister from the Conservatives who went to

Eton. You have as Alex Salmond pointed out today, one of the most

distrusted Labour leaders in the history of the party as far as the

Scots are concerned. Whatever Westminster says, the Scots

potentially could say, well, we don't trust you any way. Much of the

debate from the 'No' campaign has been the economic cost. Economic

costs, after a time, you bandy figures around like billions and

millions, people ` it washes over. If you don't engage in people's

emotion and say, why do you want to break up? It needs to be about

hearts and minds not wallets. The divorce doesn't work if you're going

to get enough of your spouse's money. That's a different argument.

It depends on how the hearts and minds meet. There hasn't been, from

the 'No' campaign, a good hearts and minds campaign. There hasn't been

enough mutual respect. There hasn't been the respect that we have for

the Scots. It's been more of a teacher and a pupil rather than...

But maybe those people who are leaning towards yes have weighed all

that up. Maybe there's a hidden vote of no, which hasn't surfaced The

silent majority yet. . We shall see. All right, let's two to the

Financial Times. Investors apparently pulling their cash out of

Scotland. Well, are panicking. As you've said, until now, most people

just assumed complacently that it was all going to be fine. Suddenly,

investors are saying, oh, my God, this could really happen. Are they

panicking, potentially, as you suggest, because of a Yes vote or

because of the uncertainty surrounding whether or not it's

going to be yes or no. Markets don't like uncertainty. There are actually

genuine fears that if after the vote goes the way the opinion polls

suggest now is possible, people start pulling their money out of

Scotland, there may be currency controls put on. There may be

capital controls put on. There may be, but there might not But they

want their money out now. That seems to be what wealth managers are

saying is driving a lot of people to say they'd rather get out now just

in case. Then I can always bring it back again later. They're putting in

clauses in property deals. That's right. If there is a Yes vote, we

don't know what the consequences will be, property prices could go

down. They're putting in clauses saying if there's a Yes vote, the

property deal will be unstitched. We can change the price. All right, OK.

And going onto the independent now. Still on the same story. Yes, three

on the big one tonight. Britain faces constitutional crisis at the

next election. What's this about? This is about what might happen,

let's say Scotland votes yesser, but Scotland doesn't actually become

independent till 2016. But br that, there's an election to be had. That

election could see the Labour Party come into power, with a big, big

majority in Scotland. Because from what we can read from the opinion

polls, it seems the polls have come closer because a lot of Labour

supporters have been swinging in favour of the Yes vote. Having voted

for independence, the same sup porters, it would seem, will then

switch back to their party and of course, you have this odd situation,

Ed Miliband in Number Ten and within a year, Scotland goes and of course,

he loses hi majority. `` his majority. We are in a position of

ifs now. I don't know the 2015 election would be put back a year. I

don't know if it can be. I'm not sure. I don't think that's That's

the constitution possible. Al crisis, what will happen. It will be

very odd that an independent Scotland or voters in an independent

Scotland will be voting for a UK Parliament which within the next

year will not mean anything to the people in Scotland. It's an

extraordinary There are lots situation. Of ifs and buts in so

many possible scenarios if this actually happens. That's right. Wow

have thought by now, I mean at this point, all of this would have been

worked out or discussed or thought about at least. It's happening at

the last That's perhaps is minute. A signifier of the problem some people

would suggest with the 'No' campaign. That it was too

lackadaisical. And the question was wrongly phrased in a sense. You have

to say, "no" in order to stay. And also, why wasn't devo max, which is

what is now being proposed, why wasn't it on the paper. It's what

the Scottish Nationalists wanted ` a third option. Very odd. That's a big

political mistake. Well, the 'No' campaign are saying it is on the

ballot now. Ten days before the polls? Yeah.

That points towards what Mr Salmond was saying. Let's go to the

Guardian. Back to that. Very interesting, we are going to get the

long`awaited verdict in the murder trial of Oscar Pistorius. This

article at the bottom of the Guardian says, the trial says a lot

about modern day South Africa. Yes. This article is actually one of the

things the Guardian does best. It is delving into the background of this.

It is not just Oscar Pistorius on trial. But it is pointing out is

that this is South Africa itself, and its system, on show. We have got

a black judge, we have got a white defendant, if you like, calling her

mad. We have got `` calling her mad. We have got all of these changes

that have happened since `` calling her madam. We have got all of these

changes that have happened since apartheid. We have had some bungling

on the part of the police, but overall this analysis is very

interesting, because it points at this is about much wider issues then

what happened in that bedroom on that night. And it is a verdict, of

course, that millions of people around the world have been

expecting. Yes, not since OJ Simpson have we had something like this. And

also, it is being televised, and we have seen, as Roz said, a black

woman being addressed as madam, but also to show, as horrible as the

event was, which is being discussed, it shows that actually, the rainbow

nation has worked, in that sense. A lot of people said when Nelson

Mandela was released, this will not work. There will be bloodshed. South

Africa will not make it work. But actually, this judge is a township

woman. She was imprisoned during the days of apartheid, for protesting.

OK, we have run out of time. We will be back later. Back at 11:30pm for

another look at the stories. Many thanks.

Stay with us, because it is time for Sportsday.

Welcome to Sportsday. I had lines this evening, bailed out. Wales need

the world's most expensive football to avoid a massive upset against

Andorra in that European