Browse content similar to 22/09/2014. Check below for episodes and series from the same categories and more!
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to the end of the week, quite busy at times with a bit of cloud, that | :00:00. | :00:09. | |
most places are staying dry. `` but most places are staying dry. | :00:10. | :00:16. | |
This is BBC News. In a few minutes we take a look at some of two morrow | :00:17. | :00:23. | |
morning's papers with the guests. First, the top stories. | :00:24. | :00:31. | |
More than ?2 billion has been wiped off the value of Tesco, | :00:32. | :00:35. | |
after the UK's largest retailer admitted overestimating half year | :00:36. | :00:43. | |
profits by ?250 million. Labour leader Ed Miliband will set | :00:44. | :00:46. | |
I will not speculate but I will speak to anybody who can assist me | :00:47. | :00:49. | |
to find out what has gone on. Labour leader Ed Miliband will set | :00:50. | :00:58. | |
out a 10`year plan to make Britain a "world class country" in his final | :00:59. | :01:00. | |
speech at his party's conference in Manchester tomorrow. | :01:01. | :01:01. | |
Senior Conservatives have gathered at Chequers amid claims that | :01:02. | :01:05. | |
Scottish devolution cannot be avoided and may become and is it | :01:06. | :01:09. | |
that the election next year, police have turned their attention to | :01:10. | :01:13. | |
shallow waterways and river banks in west London in the hunt for the | :01:14. | :01:17. | |
missing schoolgirl Alison Cross disappeared and three is ago. | :01:18. | :01:21. | |
Further clashes on the Turkey `Syrian border as 130,000 referees | :01:22. | :01:31. | |
`` refugees enter Turkey. Coming up in the sports News, both Ryder Cup | :01:32. | :01:34. | |
teams have arrived at any goals, play begins on Friday. You captain | :01:35. | :01:39. | |
Tom Watson says they will target Europe was Mac best players. Arsenal | :01:40. | :01:43. | |
will be without defender Mathieu Debuchy into the end of the year. | :01:44. | :01:47. | |
The summer signing has had ankle surgery. Wigan hosted switch to | :01:48. | :01:51. | |
night and another early exit for Heather Watson in China. All these | :01:52. | :01:56. | |
Welcome to the look ahead to what after the papers. | :01:57. | :02:13. | |
Welcome to the look ahead to what the morning papers will have full us | :02:14. | :02:20. | |
tomorrow. With me, Jennie Bond and Matthew sired. We begin with the | :02:21. | :02:24. | |
express. It says Ukip has thrown down the gauntlet to the bullet or | :02:25. | :02:29. | |
parties with its pledge to scrap inheritance tax. The Metro leads on | :02:30. | :02:34. | |
an alleged attempt by a 37`year`old woman to kill her mother using a | :02:35. | :02:38. | |
deadly poison echoing a plotline from the hit TV series Breaking Bad. | :02:39. | :02:45. | |
The Sun features the same story, it says Southwark Crown Court heard how | :02:46. | :02:48. | |
the daughter tried to poison her mother after watching the show. The | :02:49. | :02:52. | |
front page of the Guardian gets it since British and by `` from Andy | :02:53. | :02:58. | |
water hole as it reports that Tesco overstated its profits. The Daily | :02:59. | :03:04. | |
Mail has the same story. It says the retailer faces its worst crisis in | :03:05. | :03:07. | |
its history of claims that its bosses cooked the books, and the | :03:08. | :03:10. | |
Daily Telegraph reports that its bosses cooked the books, and the | :03:11. | :03:17. | |
Daily Telegraph reports as David Cameron and President Obama are due | :03:18. | :03:22. | |
to meet in New York on Tuesday. We begin with the Financial Times. | :03:23. | :03:27. | |
Interesting story. Leading into the speech tomorrow by Ed Miliband, he | :03:28. | :03:36. | |
plans mansion tax to fund the NHS. It appears to be the one area where | :03:37. | :03:41. | |
labour is ahead of the Tories in terms of public opinion. He's making | :03:42. | :03:46. | |
a virtue of it. He plans to cash in on it. I'm quite disappointed if his | :03:47. | :03:51. | |
big idea, as the FT says, or the Labour Party's totemic policy, a | :03:52. | :03:58. | |
wonderful word, I like that, if it stood to make policy is a mansion | :03:59. | :04:03. | |
tax, an idea they still in from the Lib Dems. I'm not that impressed but | :04:04. | :04:07. | |
that is what he says, you want to introduce a mansion tax on houses | :04:08. | :04:11. | |
worth more than ?2 million. And that would rope in, they think, ?1.2 | :04:12. | :04:18. | |
billion a year, which they used to say, would counteract the 10p tax | :04:19. | :04:23. | |
rate but now they've changed their mind, they think the NHS is more | :04:24. | :04:30. | |
sexy so they will put it in there. That is cynical. Let me turn to | :04:31. | :04:36. | |
Matthew. I will also send cynical. Projections for the shortfall in the | :04:37. | :04:41. | |
NHS funding until the next Parliament is between ?6 billion and | :04:42. | :04:44. | |
?30 billion and there's mansion tax will raise less than ?2 billion. Not | :04:45. | :04:57. | |
enough to make up that shortfall. Paid by rich people. They may not | :04:58. | :05:04. | |
even be that rich, it could cost Labour in London marginals, in | :05:05. | :05:07. | |
electoral terms because this will hit people who haven't got a lot of | :05:08. | :05:11. | |
income, older people with expensive homes, yet not much money and they | :05:12. | :05:17. | |
want like this. ?2 million is an awful lot of money to most people in | :05:18. | :05:21. | |
this country. To have a property worth that. Suppose the tax is 1% on | :05:22. | :05:26. | |
the value of the Hong Kong that's ?20,000 a year. An elderly person | :05:27. | :05:31. | |
with no income coming in will have to find this, so I think the devil | :05:32. | :05:36. | |
will be in the detail. It's not enough to make up the shortfall in | :05:37. | :05:43. | |
NHS spending, but when you think of the size of the deficit it's a | :05:44. | :05:47. | |
trivial proportion. They will have to come up with serious proposals to | :05:48. | :05:51. | |
raise money or cut spending. That it is politics. As Jennie said, there's | :05:52. | :05:57. | |
an election around the corner, it's a populist move. It could work. I | :05:58. | :06:03. | |
think it could. I'm fundamentally not against it, it's reasonably | :06:04. | :06:07. | |
sensible. We are quite disparaging sometimes. Every little bit adds up | :06:08. | :06:14. | |
to the hole that we have to go on saving. On the point of elderly | :06:15. | :06:24. | |
people, as rich and cash poor work, Ed Balls has said that there will be | :06:25. | :06:32. | |
a full and sensitive way of protecting those who are asset rich | :06:33. | :06:37. | |
and cash poor. They roll it into inheritance tax. Avoided in the | :06:38. | :06:41. | |
short`term, it will mount up. That's the only way they will get around | :06:42. | :06:44. | |
it, I think. Onto the Guardian. Matthew. ?2 billion in shares has | :06:45. | :06:52. | |
been wiped off Tesco after it admits overstating its profits. Some tins | :06:53. | :06:57. | |
of soup on the front of the newspaper. Anti`war whole thing. | :06:58. | :07:06. | |
Quite artistic and creative. If they have deliberately deceived the | :07:07. | :07:13. | |
markets, that's a scandal. If, on the other hand, it was inadvertent, | :07:14. | :07:18. | |
that's less of a significant story. But the other part of this is the | :07:19. | :07:25. | |
ailing state of Tesco as a company. I don't think that matters. People | :07:26. | :07:30. | |
are saying it is getting worse. It is getting better. Its customer | :07:31. | :07:34. | |
services getting better and its advertising is pretty good. Its | :07:35. | :07:37. | |
problem is better competition. Waitrose have got better faster. The | :07:38. | :07:44. | |
discount supermarkets have been getting better. So relatively it is | :07:45. | :07:48. | |
worse, yet that is good for the consumer! If consumers are leaving | :07:49. | :07:53. | |
Tesco, that's good. The only people it is bad for our people owning | :07:54. | :07:58. | |
shares, they will hopefully diversify anyway and if Tesco goes | :07:59. | :08:01. | |
bankrupt within a 12 months other people would come in. We fear | :08:02. | :08:07. | |
bankruptcy. We think it's terrible! If only the banking market was as | :08:08. | :08:11. | |
competitive as the supermarket market. It'll be interesting to find | :08:12. | :08:17. | |
out if it was incompetence, negligence, or just sinister if it | :08:18. | :08:21. | |
was deliberate. How can you get so wrong. A quarter of ?1 billion. In a | :08:22. | :08:32. | |
guy would know if ?10 went missing! I would too, I would be any less if | :08:33. | :08:38. | |
I missed ten quid! The problem is with many markets that you have | :08:39. | :08:42. | |
monopolies, essentially rigged markets. Within five minutes of | :08:43. | :08:45. | |
where I live we have Waitrose, Sainsbury's, whole foods, Marks | :08:46. | :08:50. | |
Spencer is, all competing fiercely. Great for the consumer. It shouldn't | :08:51. | :08:54. | |
be terrified about a retailer having problems. 99% of the company that | :08:55. | :08:59. | |
were big 100 years ago have gone bankrupt. That is the way capitalism | :09:00. | :09:05. | |
works. Absolutely. Yet at the same time, the Square mile, business | :09:06. | :09:10. | |
works on you being as good as your word. And if the suggestion is that | :09:11. | :09:14. | |
Tesco is overstating the amount of cash it has been pulling in, the | :09:15. | :09:17. | |
whole edifice falls down, does it not? 2`mac that is the key issue. If | :09:18. | :09:24. | |
this has been deliberate it fits a wider narrative of big corporate | :09:25. | :09:28. | |
institutions misleading the market, capitalism, like any system, only | :09:29. | :09:34. | |
works on trust. This is the problem with capitalism. Those on the left | :09:35. | :09:37. | |
of the spectrum, might suggest that the problem. Honesty has massive | :09:38. | :09:47. | |
repercussions. I think tomatoes about Tesco's is good value! It's a | :09:48. | :09:52. | |
bit sinister that apparently some employees are being asked to hand | :09:53. | :09:55. | |
over their laptops and phones. It's getting dodgy. They want to check | :09:56. | :10:08. | |
who'd knew what and when. Iraqi air strikes. We know that President | :10:09. | :10:11. | |
Obama will be talking to David Cameron. Climate change will be on | :10:12. | :10:20. | |
the agenda. According to the Daily Telegraph, they have indeed been | :10:21. | :10:24. | |
talking, David Cameron is going to recall Parliament shortly, according | :10:25. | :10:30. | |
to sources that the Daily Telegraph has spoken to, and within days the | :10:31. | :10:36. | |
UK will be joining in air strikes in Iraq, which I find worrying but | :10:37. | :10:40. | |
perhaps inevitable, given what has been going on. The Daily Telegraph | :10:41. | :10:47. | |
says that they will be face`to`face talks between David Cameron and the | :10:48. | :10:50. | |
Iranians president which hasn't happened since the revolution in | :10:51. | :10:55. | |
1979. That would be interesting because the bottom line is, whatever | :10:56. | :10:59. | |
strategy will have two tackle Islamic State, whatever it is called | :11:00. | :11:03. | |
these days, it's got to involve Iran because of the influence of the Shia | :11:04. | :11:09. | |
majority in Iraq. Absolutely. And their influence in Syria and | :11:10. | :11:14. | |
elsewhere. My sense is that air strikes won't be anything like | :11:15. | :11:18. | |
enough. Tony Blair made an intervention today, like him or not, | :11:19. | :11:23. | |
he's probably right that the only way this fundamentalist nihilistic | :11:24. | :11:26. | |
force will be stopped is by feet on the ground. President Obama has made | :11:27. | :11:32. | |
that clear, it just won't be American feet! He will fear man's `` | :11:33. | :11:37. | |
finance the Peshmerga or the Kurdish. They will understand that | :11:38. | :11:46. | |
not just air strikes will do it. People don't understand the | :11:47. | :11:49. | |
consequences if troops did go on the ground, whether the neighbouring | :11:50. | :11:54. | |
states or if we went in with them. Because the really sinister thing | :11:55. | :11:58. | |
coming out of this is that Isil want Western troops on the ground so they | :11:59. | :12:03. | |
can present this in PR terms of the caliphate being invaded by Crusaders | :12:04. | :12:08. | |
again. This will ignite more inflamed attitudes among Sunni | :12:09. | :12:11. | |
extremists and this is why they are goading the West with executions. | :12:12. | :12:15. | |
One thing that really worries me is that it all fits into a wider | :12:16. | :12:21. | |
strategic narrative where they are trying to manipulate us into | :12:22. | :12:23. | |
performing actions when we don't know what the consequences will be. | :12:24. | :12:31. | |
Our leaders have said no Western Bulldogs on the ground. The | :12:32. | :12:36. | |
Telegraph, one in two Buddhist children already for school at the | :12:37. | :12:41. | |
age of five? Here we go again, measuring what our children are up | :12:42. | :12:45. | |
to, they should be playing around and not having their intellect | :12:46. | :12:50. | |
measured. There has been research from the University College London | :12:51. | :12:56. | |
that says that the problem is children are not getting enough | :12:57. | :13:01. | |
cuddles or being read to. There are developing as much as they should be | :13:02. | :13:05. | |
but they have been measured if they can be counted 20, but do not do | :13:06. | :13:10. | |
that, just let them learn through playing. Just how then? I do agree | :13:11. | :13:24. | |
with you. You are too cool for school! I would agree with you. The | :13:25. | :13:35. | |
thing about... About some of this research is when America came up | :13:36. | :13:45. | |
with powerful interventions, often the patterns of disadvantage or | :13:46. | :13:48. | |
established and this research is important. I would agree that | :13:49. | :13:57. | |
solutions are not better. The express, inheritance tax abolished, | :13:58. | :14:02. | |
The Daily Express crusade. The UKIP election promise, Matthew? Throwing | :14:03. | :14:10. | |
down the gauntlet? It is absolutely extraordinary, three years ago they | :14:11. | :14:14. | |
were flat tax, libertarian, and since they have got more popular | :14:15. | :14:18. | |
appeal amongst the voters, they have started saying they want potential | :14:19. | :14:23. | |
NFS, scrubbing the bedroom tax and these other things are coming in. | :14:24. | :14:28. | |
They want the highest marginal rate of income tax to be 40%. It is a | :14:29. | :14:35. | |
mismatch. I want some other credible organisation to look at the details. | :14:36. | :14:40. | |
It is populist, but how will they make it work? Refinished? Quite. You | :14:41. | :14:53. | |
are to cool for school! We will be back later for another look at the | :14:54. | :14:57. | |
headlines. Stay with us because we will have much more on Ed | :14:58. | :15:02. | |
Miliband's 's beach at the Labour Party conference, where he is | :15:03. | :15:06. | |
expected to signal a boost to NHS spending if his party wins the next | :15:07. | :15:11. | |
election. `` speech. Now, time for the sport. | :15:12. | :15:22. | |
Hello and welcome to Sportsday ` I'm Eilidh Barbour. | :15:23. | :15:24. | |
The two Ryder Cup teams have arrived at Gleneagles ahead of the start | :15:25. | :15:32. | |
The USA captain Tom Watson has challenged | :15:33. | :15:35. |