:00:00. > :00:13.players. Championship action tonight as Wigan host Ipswich. More on that
:00:14. > :00:16.after the papers. Hello and welcome to our look ahead
:00:17. > :00:20.to what the the papers will be bringing us tomorrow. With me are
:00:21. > :00:26.the broadcaster, Jennie Bond, and the Times columnist, Matthew Syed.
:00:27. > :00:29.Tomorrow's front pages...starting with... The Express says UKIP has
:00:30. > :00:34.thrown down the gauntlet to the other political parties with its
:00:35. > :00:38.pledge to scrap inheritance tax. The Sun leads on an alleged attempt
:00:39. > :00:41.by a 37`year`old woman to kill her own mother using a deadly poison
:00:42. > :00:45.echoing a plot line from the hit TV series Breaking Bad.
:00:46. > :00:47.The front page of the Guardian gets its inspiration from Andy Warhol as
:00:48. > :00:54.it reports on the news Tesco overstated its profits by 250
:00:55. > :00:57.million pounds. The Mail has the same story`saying
:00:58. > :01:00.Britain's biggest retailer faces the worst crisis in its 95 year history
:01:01. > :01:07.over the claims its bosses 'cooked the books'.
:01:08. > :01:10.The Telegraph reports that we could be ready to join air strikes against
:01:11. > :01:13.jihadist extremists in Iraq within days, as David Cameron and President
:01:14. > :01:18.Obama are due to meet in New York on Tuesday.
:01:19. > :01:21.The Mirror has an exclusive interview with the mother of Stephen
:01:22. > :01:24.Sutton` the teenager who died from cancer and raised millions of pounds
:01:25. > :01:28.for charity. She claims that doctors missed his symptoms for six months.
:01:29. > :01:32.And The Times says Labour will tomorrow pledge to use a new two
:01:33. > :01:42.million pound mansion tax to help fund the NHS. So let's begin...
:01:43. > :01:47.Labour will lead the ?2 million to fund the NHS and Ed Miliband wants
:01:48. > :01:52.to terms to help meet national goals. It is a good story for those
:01:53. > :01:59.people who feel that the NHS is under threat from the Conservatives
:02:00. > :02:04.but ?2 million is not going to be enough. It will raise about 1.2
:02:05. > :02:08.billion and that will be the centrepiece of the leaders speech
:02:09. > :02:14.tomorrow but you are absolutely right, the central economic problem
:02:15. > :02:18.for Labour is that only half of the fiscal deficit will have been
:02:19. > :02:23.consolidated and they will have to raise another 37 billion over the
:02:24. > :02:26.next two years of the next Parliament which is what Ed Balls
:02:27. > :02:33.has said their objective is. This will be about far more than raising
:02:34. > :02:37.that. They really want to take serious strides to get on top of it
:02:38. > :02:42.and in addition to that, NHS England have said that the NHS itself will
:02:43. > :02:46.be 30 billion in deficit by the end of the decade so they will have to
:02:47. > :02:49.come up with far more serious attempts to convince the markets and
:02:50. > :02:52.the electorate that they are going to get to grips with the real issues
:02:53. > :03:05.facing the economy. They are walking a tightrope here, the Labour Party.
:03:06. > :03:08.Their critics are suggesting that they are not fiscally responsible
:03:09. > :03:15.but they know that protecting the NHS lays well to their core base ``
:03:16. > :03:20.plays. It is a conundrum they have to balance. I think this is a move
:03:21. > :03:33.in the right direction though I have to say I was expecting a big idea, a
:03:34. > :03:37.new idea from the Labour leader. I think putting a levy on mansions
:03:38. > :03:43.that are worth over 2 million is a worthwhile thing to do. It will
:03:44. > :03:51.bring us 1.2 billion, it won't close the gap but every little bit helps
:03:52. > :03:59.as they say. That could be a brilliant segue. I will get back to
:04:00. > :04:05.that in a little while. There is the whole problem of people in London
:04:06. > :04:08.being asset rich and cash poor. Ed Balls said they will have protective
:04:09. > :04:12.measures that will solve that though he hasn't said how. I am not against
:04:13. > :04:18.this at all. The devil is in the detail. Ed Balls has mentioned not
:04:19. > :04:25.giving ministers a pay increase Thomas in fact, a pay cut although
:04:26. > :04:32.I'm not sure how much that will raise. He has also said he would cut
:04:33. > :04:40.the child benefit so there are other ways. I like what you're saying but
:04:41. > :04:45.the other thing that strikes me is that this could be difficult in
:04:46. > :04:48.London in terms of the electorate. Many homes are over the 2 million
:04:49. > :04:55.threshold. Elderly people who don't earn any money and would not be able
:04:56. > :05:00.to afford this to pay to the treasury. I think what he meant when
:05:01. > :05:04.he said that there would be alternative arrangement is that it
:05:05. > :05:08.could roll into the inheritance tax but I don't think that will be
:05:09. > :05:11.popular either. You are right, the devil is in the details and it will
:05:12. > :05:15.be interesting to see what Ed Balls says about this in the months to
:05:16. > :05:22.come. There are some obscenely expensive mansions in London. Nearly
:05:23. > :05:29.all owned by people who are overseas and don't even use them. If we can
:05:30. > :05:35.get money off them, that will be a good start. Governments have
:05:36. > :05:42.successively targeted properties. Stamp duty in the 70s... It reduces
:05:43. > :05:49.the mobility of Labour. There are economic consequences for these
:05:50. > :05:54.policies. But they do say that public satisfaction for the NHS has
:05:55. > :05:57.improved recently. That does cross middle class as well as working
:05:58. > :06:01.class as well as working`class households so some people may feel
:06:02. > :06:04.that it is the right thing to do. I think that is right and I think that
:06:05. > :06:12.is one of the electoral advantages of Labour. Its major problem is it's
:06:13. > :06:15.deficit on the economy. They are 30% below the Tories when it comes to
:06:16. > :06:23.trust in running the economy which is their biggest issue. On the
:06:24. > :06:27.Telegraph. English home rule at the heart of Tory campaign. This is
:06:28. > :06:32.following on from the Scottish Referendum last week and the West
:06:33. > :06:39.Lothian question which I'm sure everyone out there knows. If they
:06:40. > :06:43.are really going to put this issue at the heart of their campaign with
:06:44. > :06:47.Labour putting the NHS in the heart of theirs, I think Labour are
:06:48. > :06:51.winning. I'm not sure people really care that much about English home
:06:52. > :06:57.rule as much as we in the media have made out over the past week or so.
:06:58. > :07:03.Nonetheless, it has been very amusing to watch politicians
:07:04. > :07:08.maneuvering and waffling and being so slimy and slithery as they have
:07:09. > :07:12.in the past few days. I can get will put more people off politics and
:07:13. > :07:16.politicians than any other issue. Do you think many other people out
:07:17. > :07:21.there may be going to the Labour side and thinking that it was a bit
:07:22. > :07:25.of a trick? Mr Cameron linking English home rule with Scottish home
:07:26. > :07:29.rule and looking at the arithmetic and thinking that Labour are pretty
:07:30. > :07:37.screwed because they have a lot of Scottish MPs ? I think Labour are in
:07:38. > :07:44.serious difficulty here because they don't match up. If they accepted,
:07:45. > :07:55.they will their Scottish MPs. They are talking about devolving further
:07:56. > :08:00.down beyond... They are talking about cities and local councils and
:08:01. > :08:03.that kind of thing. What she said is absolutely right. What people are
:08:04. > :08:08.seeing and what should be a constitutional change would cross
:08:09. > :08:12.party support, so that it secures a long`term consensus over a very
:08:13. > :08:16.important part of our nation's governance, what they are seeing is
:08:17. > :08:21.narrow and calculated self interest on everything. Everyone is doing
:08:22. > :08:27.it. Labour need to have a convention to sort it out and the Tories are
:08:28. > :08:29.going for the jugular. It is not about long`term interest and this
:08:30. > :08:37.will have significant impact for generations. The problem with this
:08:38. > :08:44.is that it is disastrous for political stability. The public
:08:45. > :08:56.expects political classes to come to some kind of consensus. I don't
:08:57. > :09:00.think anybody wants it. I think John Major once said that if the answer
:09:01. > :09:06.is more politicians come out you are asking the wrong questions. Here are
:09:07. > :09:13.the crowd going into the Ed Miliband speech, this cartoon. The caption
:09:14. > :09:21.says, I am a Scottish MP, can I be excluded from this? Every little bit
:09:22. > :09:25.helps in regards to Labour's economic policy but the problem is
:09:26. > :09:32.that Tesco seem to have overestimated their profits for the
:09:33. > :09:35.first half of the year. I feel very sorry for the chief executive who
:09:36. > :09:42.has only been in his post for three weeks. He says that they have
:09:43. > :09:49.uncovered a serious issue. Serious? This is staggering! The figures are
:09:50. > :09:52.staggering. ?250 million had been wrongly attributed. I don't actually
:09:53. > :10:01.understand the shenanigans that have gone wrong. The Guardian doesn't
:10:02. > :10:06.seem to either. I don't understand why we have tomato soup. But I want
:10:07. > :10:10.to know what the results of the inquiry are going to be. Is it
:10:11. > :10:18.negligence or something a lot or sinister? ?2 billion wiped off their
:10:19. > :10:23.share price today. I think this is breathtakingly overdone. If they
:10:24. > :10:28.have lied, that is a serious issue of trust and it is significant but
:10:29. > :10:35.if it is just that they have made a mistake, also serious but the other
:10:36. > :10:44.question is whether or not Tesco is a ling as the company. It doesn't
:10:45. > :10:47.matter that much `` floundering. If people are going to other places
:10:48. > :10:53.because they are getting a better deal, that is good for consumers. In
:10:54. > :10:58.capitalist societies, companies that struggle is an indication of
:10:59. > :11:01.competition. It is a healthy part of the creative structure of which
:11:02. > :11:07.capitalism is a part. Short`term pain for certain people but good for
:11:08. > :11:13.the consumer. It would be extraordinary if it disappeared from
:11:14. > :11:17.our high streets. But would it fundamentally alter our standard of
:11:18. > :11:26.living? People would leave their jobs. `` lose. Yes, it is very
:11:27. > :11:30.difficult in the short term but in the long`term, it is healthy for an
:11:31. > :11:36.economy. Should they try and compete, down and dirty with the
:11:37. > :11:40.discount retailers? I honestly don't know but what I do know is, if you
:11:41. > :11:47.have a variation of different strategies, once you have that
:11:48. > :11:52.variation and you have a test applied to it which is essentially
:11:53. > :11:56.bankruptcy, that is what is healthy. The disaster is when you only have
:11:57. > :12:00.one strategy which is when the consumer gets screwed every single
:12:01. > :12:07.time. I don't care if the guy at Tesco is a visionary or not. So long
:12:08. > :12:12.as you have variation, that is what leads to success and that is why I
:12:13. > :12:17.find this whole emphasis on one particular company struggling, even
:12:18. > :12:22.though it is a big importer... It is the biggest supermarket chain in
:12:23. > :12:31.this country? But I think it is healthy. Survival of the fittest.
:12:32. > :12:51.Now to the inheritance tax of all ocean and. `` abolishment. This is
:12:52. > :12:53.all part of UKIP's strategy. I disagree with an awful lot that
:12:54. > :13:05.Nigel Farage and his party stands for what I have to say that it is
:13:06. > :13:08.hard to argue against this. A UKIP MEP says that they should be
:13:09. > :13:19.respectful of those who earn money, pay tax on it, and wish to pass it
:13:20. > :13:24.on to their chosen errors. `` heirs. I find that hard to argue
:13:25. > :13:29.with. Remember a few years ago? They were a low tax libertarian group and
:13:30. > :13:37.now it is something completely different. They're trying to get the
:13:38. > :13:43.votes. It is politics. But it doesn't add up! When does it ever? I
:13:44. > :13:51.don't know what the treasury would think about that. But inheritance
:13:52. > :13:58.tax, I think it is very unfair. Just going back to the suggestion that
:13:59. > :14:02.UKIP is positioning itself in order to become viable in the electorate
:14:03. > :14:07.with less than a year to go before the election, it makes perfect
:14:08. > :14:13.sense. I think people would typically vote for UKIP because of
:14:14. > :14:17.their stance on the EU and immigration. They don't have to
:14:18. > :14:21.implement any of these policies. What they're trying to do is secure
:14:22. > :14:25.credibility by showing that it has ideas beyond the ones they are
:14:26. > :14:30.principally known for. If this doesn't add up and credible
:14:31. > :14:35.organizations don't agree, it could destroy their appeal on the core
:14:36. > :14:39.issues that they want to get votes from and I think that is the basic
:14:40. > :14:44.problem it faces. There could be quite a few people in the heartland
:14:45. > :14:49.to think this is a good idea and they are the very people that UKIP
:14:50. > :14:59.are trying to steal. More than quite a few I think. It is a scourge. If
:15:00. > :15:03.you worked all your life and paid 40 `50% tax and can't hand it on to
:15:04. > :15:08.your children, and with houses the worth what they are now, it is all
:15:09. > :15:12.the more difficult. They can't even live in the houses you were trying
:15:13. > :15:19.to leave them because they can't afford it. It is a very emotional
:15:20. > :15:23.issue. This goes back to the election that never was when George
:15:24. > :15:27.Osborne brought this up to his party conference and I think you are
:15:28. > :15:34.right. What angers people the worst are the superrich who get around it
:15:35. > :15:46.with overseas trusts. Great having you. Stay with us. Much more on Ed
:15:47. > :15:49.Miliband's speech tomorrow at the Labour Party Conference in
:15:50. > :15:55.Manchester where he is expected to signal a boost in NHS spending if
:15:56. > :16:03.his party wins the next election. Now, it's Sportsday.
:16:04. > :16:13.Hello and welcome to Sportsday. The two Ryder Cup teams have arrived
:16:14. > :16:19.at Gleneagles ahead of the start of play on Friday. USA captain Tom
:16:20. > :16:22.Watson has challenged his players to make amends for defeat at Medinah
:16:23. > :16:24.two years ago. Merseyside police are continuing to
:16:25. > :16:26.investigate abuse sent to the Liverool