:00:00. > :00:09.to the end of the week, quite busy at times with a bit of cloud, that
:00:10. > :00:16.most places are staying dry. `` but most places are staying dry.
:00:17. > :00:23.This is BBC News. In a few minutes we take a look at some of two morrow
:00:24. > :00:31.morning's papers with the guests. First, the top stories.
:00:32. > :00:35.More than ?2 billion has been wiped off the value of Tesco,
:00:36. > :00:43.after the UK's largest retailer admitted overestimating half year
:00:44. > :00:46.profits by ?250 million. Labour leader Ed Miliband will set
:00:47. > :00:49.I will not speculate but I will speak to anybody who can assist me
:00:50. > :00:58.to find out what has gone on. Labour leader Ed Miliband will set
:00:59. > :01:00.out a 10`year plan to make Britain a "world class country" in his final
:01:01. > :01:01.speech at his party's conference in Manchester tomorrow.
:01:02. > :01:05.Senior Conservatives have gathered at Chequers amid claims that
:01:06. > :01:09.Scottish devolution cannot be avoided and may become and is it
:01:10. > :01:13.that the election next year, police have turned their attention to
:01:14. > :01:17.shallow waterways and river banks in west London in the hunt for the
:01:18. > :01:21.missing schoolgirl Alison Cross disappeared and three is ago.
:01:22. > :01:31.Further clashes on the Turkey `Syrian border as 130,000 referees
:01:32. > :01:34.`` refugees enter Turkey. Coming up in the sports News, both Ryder Cup
:01:35. > :01:39.teams have arrived at any goals, play begins on Friday. You captain
:01:40. > :01:43.Tom Watson says they will target Europe was Mac best players. Arsenal
:01:44. > :01:47.will be without defender Mathieu Debuchy into the end of the year.
:01:48. > :01:51.The summer signing has had ankle surgery. Wigan hosted switch to
:01:52. > :01:56.night and another early exit for Heather Watson in China. All these
:01:57. > :02:13.Welcome to the look ahead to what after the papers.
:02:14. > :02:20.Welcome to the look ahead to what the morning papers will have full us
:02:21. > :02:24.tomorrow. With me, Jennie Bond and Matthew sired. We begin with the
:02:25. > :02:29.express. It says Ukip has thrown down the gauntlet to the bullet or
:02:30. > :02:34.parties with its pledge to scrap inheritance tax. The Metro leads on
:02:35. > :02:38.an alleged attempt by a 37`year`old woman to kill her mother using a
:02:39. > :02:45.deadly poison echoing a plotline from the hit TV series Breaking Bad.
:02:46. > :02:48.The Sun features the same story, it says Southwark Crown Court heard how
:02:49. > :02:52.the daughter tried to poison her mother after watching the show. The
:02:53. > :02:58.front page of the Guardian gets it since British and by `` from Andy
:02:59. > :03:04.water hole as it reports that Tesco overstated its profits. The Daily
:03:05. > :03:07.Mail has the same story. It says the retailer faces its worst crisis in
:03:08. > :03:10.its history of claims that its bosses cooked the books, and the
:03:11. > :03:17.Daily Telegraph reports that its bosses cooked the books, and the
:03:18. > :03:22.Daily Telegraph reports as David Cameron and President Obama are due
:03:23. > :03:27.to meet in New York on Tuesday. We begin with the Financial Times.
:03:28. > :03:36.Interesting story. Leading into the speech tomorrow by Ed Miliband, he
:03:37. > :03:41.plans mansion tax to fund the NHS. It appears to be the one area where
:03:42. > :03:46.labour is ahead of the Tories in terms of public opinion. He's making
:03:47. > :03:51.a virtue of it. He plans to cash in on it. I'm quite disappointed if his
:03:52. > :03:58.big idea, as the FT says, or the Labour Party's totemic policy, a
:03:59. > :04:03.wonderful word, I like that, if it stood to make policy is a mansion
:04:04. > :04:07.tax, an idea they still in from the Lib Dems. I'm not that impressed but
:04:08. > :04:11.that is what he says, you want to introduce a mansion tax on houses
:04:12. > :04:18.worth more than ?2 million. And that would rope in, they think, ?1.2
:04:19. > :04:23.billion a year, which they used to say, would counteract the 10p tax
:04:24. > :04:30.rate but now they've changed their mind, they think the NHS is more
:04:31. > :04:36.sexy so they will put it in there. That is cynical. Let me turn to
:04:37. > :04:41.Matthew. I will also send cynical. Projections for the shortfall in the
:04:42. > :04:44.NHS funding until the next Parliament is between ?6 billion and
:04:45. > :04:57.?30 billion and there's mansion tax will raise less than ?2 billion. Not
:04:58. > :05:04.enough to make up that shortfall. Paid by rich people. They may not
:05:05. > :05:07.even be that rich, it could cost Labour in London marginals, in
:05:08. > :05:11.electoral terms because this will hit people who haven't got a lot of
:05:12. > :05:17.income, older people with expensive homes, yet not much money and they
:05:18. > :05:21.want like this. ?2 million is an awful lot of money to most people in
:05:22. > :05:26.this country. To have a property worth that. Suppose the tax is 1% on
:05:27. > :05:31.the value of the Hong Kong that's ?20,000 a year. An elderly person
:05:32. > :05:36.with no income coming in will have to find this, so I think the devil
:05:37. > :05:43.will be in the detail. It's not enough to make up the shortfall in
:05:44. > :05:47.NHS spending, but when you think of the size of the deficit it's a
:05:48. > :05:51.trivial proportion. They will have to come up with serious proposals to
:05:52. > :05:57.raise money or cut spending. That it is politics. As Jennie said, there's
:05:58. > :06:03.an election around the corner, it's a populist move. It could work. I
:06:04. > :06:07.think it could. I'm fundamentally not against it, it's reasonably
:06:08. > :06:14.sensible. We are quite disparaging sometimes. Every little bit adds up
:06:15. > :06:24.to the hole that we have to go on saving. On the point of elderly
:06:25. > :06:32.people, as rich and cash poor work, Ed Balls has said that there will be
:06:33. > :06:37.a full and sensitive way of protecting those who are asset rich
:06:38. > :06:41.and cash poor. They roll it into inheritance tax. Avoided in the
:06:42. > :06:44.short`term, it will mount up. That's the only way they will get around
:06:45. > :06:52.it, I think. Onto the Guardian. Matthew. ?2 billion in shares has
:06:53. > :06:57.been wiped off Tesco after it admits overstating its profits. Some tins
:06:58. > :07:06.of soup on the front of the newspaper. Anti`war whole thing.
:07:07. > :07:13.Quite artistic and creative. If they have deliberately deceived the
:07:14. > :07:18.markets, that's a scandal. If, on the other hand, it was inadvertent,
:07:19. > :07:25.that's less of a significant story. But the other part of this is the
:07:26. > :07:30.ailing state of Tesco as a company. I don't think that matters. People
:07:31. > :07:34.are saying it is getting worse. It is getting better. Its customer
:07:35. > :07:37.services getting better and its advertising is pretty good. Its
:07:38. > :07:44.problem is better competition. Waitrose have got better faster. The
:07:45. > :07:48.discount supermarkets have been getting better. So relatively it is
:07:49. > :07:53.worse, yet that is good for the consumer! If consumers are leaving
:07:54. > :07:58.Tesco, that's good. The only people it is bad for our people owning
:07:59. > :08:01.shares, they will hopefully diversify anyway and if Tesco goes
:08:02. > :08:07.bankrupt within a 12 months other people would come in. We fear
:08:08. > :08:11.bankruptcy. We think it's terrible! If only the banking market was as
:08:12. > :08:17.competitive as the supermarket market. It'll be interesting to find
:08:18. > :08:21.out if it was incompetence, negligence, or just sinister if it
:08:22. > :08:32.was deliberate. How can you get so wrong. A quarter of ?1 billion. In a
:08:33. > :08:38.guy would know if ?10 went missing! I would too, I would be any less if
:08:39. > :08:42.I missed ten quid! The problem is with many markets that you have
:08:43. > :08:45.monopolies, essentially rigged markets. Within five minutes of
:08:46. > :08:50.where I live we have Waitrose, Sainsbury's, whole foods, Marks
:08:51. > :08:54.Spencer is, all competing fiercely. Great for the consumer. It shouldn't
:08:55. > :08:59.be terrified about a retailer having problems. 99% of the company that
:09:00. > :09:05.were big 100 years ago have gone bankrupt. That is the way capitalism
:09:06. > :09:10.works. Absolutely. Yet at the same time, the Square mile, business
:09:11. > :09:14.works on you being as good as your word. And if the suggestion is that
:09:15. > :09:17.Tesco is overstating the amount of cash it has been pulling in, the
:09:18. > :09:24.whole edifice falls down, does it not? 2`mac that is the key issue. If
:09:25. > :09:28.this has been deliberate it fits a wider narrative of big corporate
:09:29. > :09:34.institutions misleading the market, capitalism, like any system, only
:09:35. > :09:37.works on trust. This is the problem with capitalism. Those on the left
:09:38. > :09:47.of the spectrum, might suggest that the problem. Honesty has massive
:09:48. > :09:52.repercussions. I think tomatoes about Tesco's is good value! It's a
:09:53. > :09:55.bit sinister that apparently some employees are being asked to hand
:09:56. > :10:08.over their laptops and phones. It's getting dodgy. They want to check
:10:09. > :10:11.who'd knew what and when. Iraqi air strikes. We know that President
:10:12. > :10:20.Obama will be talking to David Cameron. Climate change will be on
:10:21. > :10:24.the agenda. According to the Daily Telegraph, they have indeed been
:10:25. > :10:30.talking, David Cameron is going to recall Parliament shortly, according
:10:31. > :10:36.to sources that the Daily Telegraph has spoken to, and within days the
:10:37. > :10:40.UK will be joining in air strikes in Iraq, which I find worrying but
:10:41. > :10:47.perhaps inevitable, given what has been going on. The Daily Telegraph
:10:48. > :10:50.says that they will be face`to`face talks between David Cameron and the
:10:51. > :10:55.Iranians president which hasn't happened since the revolution in
:10:56. > :10:59.1979. That would be interesting because the bottom line is, whatever
:11:00. > :11:03.strategy will have two tackle Islamic State, whatever it is called
:11:04. > :11:09.these days, it's got to involve Iran because of the influence of the Shia
:11:10. > :11:14.majority in Iraq. Absolutely. And their influence in Syria and
:11:15. > :11:18.elsewhere. My sense is that air strikes won't be anything like
:11:19. > :11:23.enough. Tony Blair made an intervention today, like him or not,
:11:24. > :11:26.he's probably right that the only way this fundamentalist nihilistic
:11:27. > :11:32.force will be stopped is by feet on the ground. President Obama has made
:11:33. > :11:37.that clear, it just won't be American feet! He will fear man's ``
:11:38. > :11:46.finance the Peshmerga or the Kurdish. They will understand that
:11:47. > :11:49.not just air strikes will do it. People don't understand the
:11:50. > :11:54.consequences if troops did go on the ground, whether the neighbouring
:11:55. > :11:58.states or if we went in with them. Because the really sinister thing
:11:59. > :12:03.coming out of this is that Isil want Western troops on the ground so they
:12:04. > :12:08.can present this in PR terms of the caliphate being invaded by Crusaders
:12:09. > :12:11.again. This will ignite more inflamed attitudes among Sunni
:12:12. > :12:15.extremists and this is why they are goading the West with executions.
:12:16. > :12:21.One thing that really worries me is that it all fits into a wider
:12:22. > :12:23.strategic narrative where they are trying to manipulate us into
:12:24. > :12:31.performing actions when we don't know what the consequences will be.
:12:32. > :12:36.Our leaders have said no Western Bulldogs on the ground. The
:12:37. > :12:41.Telegraph, one in two Buddhist children already for school at the
:12:42. > :12:45.age of five? Here we go again, measuring what our children are up
:12:46. > :12:50.to, they should be playing around and not having their intellect
:12:51. > :12:56.measured. There has been research from the University College London
:12:57. > :13:01.that says that the problem is children are not getting enough
:13:02. > :13:05.cuddles or being read to. There are developing as much as they should be
:13:06. > :13:10.but they have been measured if they can be counted 20, but do not do
:13:11. > :13:24.that, just let them learn through playing. Just how then? I do agree
:13:25. > :13:35.with you. You are too cool for school! I would agree with you. The
:13:36. > :13:45.thing about... About some of this research is when America came up
:13:46. > :13:48.with powerful interventions, often the patterns of disadvantage or
:13:49. > :13:57.established and this research is important. I would agree that
:13:58. > :14:02.solutions are not better. The express, inheritance tax abolished,
:14:03. > :14:10.The Daily Express crusade. The UKIP election promise, Matthew? Throwing
:14:11. > :14:14.down the gauntlet? It is absolutely extraordinary, three years ago they
:14:15. > :14:18.were flat tax, libertarian, and since they have got more popular
:14:19. > :14:23.appeal amongst the voters, they have started saying they want potential
:14:24. > :14:28.NFS, scrubbing the bedroom tax and these other things are coming in.
:14:29. > :14:35.They want the highest marginal rate of income tax to be 40%. It is a
:14:36. > :14:40.mismatch. I want some other credible organisation to look at the details.
:14:41. > :14:53.It is populist, but how will they make it work? Refinished? Quite. You
:14:54. > :14:57.are to cool for school! We will be back later for another look at the
:14:58. > :15:02.headlines. Stay with us because we will have much more on Ed
:15:03. > :15:06.Miliband's 's beach at the Labour Party conference, where he is
:15:07. > :15:11.expected to signal a boost to NHS spending if his party wins the next
:15:12. > :15:22.election. `` speech. Now, time for the sport.
:15:23. > :15:24.Hello and welcome to Sportsday ` I'm Eilidh Barbour.
:15:25. > :15:32.The two Ryder Cup teams have arrived at Gleneagles ahead of the start
:15:33. > :15:35.The USA captain Tom Watson has challenged