14/12/2015 The Papers


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And we will hear from Roger Federer, who has got big plans for next year.


That is coming up after the papers. Hello and welcome to


our look ahead to what the papers With me are the economist


Bronwyn Curtis and the broadcaster and former football


administrator David Davies. The I newspaper says


the advertising watchdog will investigate drug company claims


about over-the-counter painkillers. The FT has a special investigation


into finances of so-called 'Fox Hunt' is the Metro's headline


after the radio DJ Neil Fox was According to the an opinion poll


in the Express - the majority of voters want Britain


to quit the European Union. The Daily Telegraph also claims


voters head for the Brexit as the paper reports the results


of a separate survey. The Guardian says MPs are calling


for an inquiry into low wages The picture is of the British


astronaut Tim Peake who will blast off on a mission


of a lifetime tomorrow morning. And the Mail says the UK's top civil


servant has been attacked over plans Starting with the Telegraph. Voters


had before Brexit. A surge in support for leaving the EU. What do


you put this down to? We talked an hour ago about an Internet poll. An


hour later, we have an ICM poll. The significance is the first time since


2013 that ICM has found voters even split. It is in the middle of the


story. It is written up, that is the significance. Forgive me for saying


this, but I am not aware of an active pro- Europe campaign at the


moment. All the running is being made by the Brexit people. If the


idea of the government is to lower expectations about what he is going


to achieve in any negotiation, it used to be called a renegotiation,


but whatever he is doing in the summit and the next one in February,


he has done a successful job of lowering expectations. Do you think


this is down to the whole debate about migrants and refugees? That


has put a lot of people off the idea of staying within the European


Union? The net migration figure is still way above the tens of


thousands the government said it would fall down too. I think


migration is clearly an emotive issue. People get very upset about


this. I was thinking more of those that


came before that. Just interesting, these polls. These campaigns to


leave. It is up, it was only 40% want to leave. It is about


immigration, terrorism, who is coming in, what are we doing. And it


worries people. They feel that David Cameron is going to Europe and he is


not getting anything. If he is not getting anywhere, we will never get


anywhere. We are economically tied to Europe. How do you account that?


From where I am coming from, if he thinks that, if his aim is


ultimately to say, I have got some sort of a deal, it is interesting, I


heard on BBC radio, an interview with a former Polish Foreign


Minister, who said, why is he getting lost on these issues? In


Poland we are much tougher on people who come in than Brits. But that


would mean reducing payments to Brits as well. That is his problem.


But you can argue after months and months of this migrant issue, it is


quite remarkable. It could be worse. I expected it to be worse at this


stage. The book is kept saying, Scotland will vote no. The bookies


are saying even more strongly at this stage, the EU vote will be to


stay in. We will stay with the Telegraph. Pensioner Bonds, saving


rates are slashed by half. You are saying this is something we should


have been aware of. These were fantastic interest rates. 2.8% for a


year was very tasty. What they have done is said, one year you have got


your 2.8%. It is going to drop unless you move it somewhere else.


That is not even in the top ten rates for a one-year bond. It is


really unattractive. When it was announced, it was a great thing.


Announced as a great thing. We just had the Autumn statement. We did not


hear anything. I am disappointed, but I think we have had fantastic


rates, so we cannot complain. When some of us were drawn into this, I


could not possibly comment, we were told, you have to do it now. Because


they will close it in weeks. They did not do that. When I read this


story, I am quite surprised. Pensioners, plus poor pensioners, we


do not need to be courted quite so much this year. Something like a


general election. It slipped my mind. Anyway. You cannot get the


deal on that. Savers have not done well for a long time. But you will


get clobbered on tax. That was in the Autumn statement, but people


will still rather go for that. Margaret Thatcher will be turning in


her grave. She always used to say, Savers matter. That was her


expression. She had some difficult times. Taxes make short jihadists


have income. This is an interesting story. The front page of the


Financial Times. You think, ISIS, it must all be oil money. That is what


is funding it. But the story says they get at least as much from


taxation. They took over the second biggest city in Iraq. A lot of


taxpayers. Extortion and confiscation. There is a war spoils


offers. They pay the militants a fifth of whatever they seize. They


are quite keen to go out and this is stuff. I was really surprised by


that. You cannot bomb that. This is it. The whole thing about giving the


RAF the right to bomb in Syria. The idea was to target the oil tankers


and the oil fields. But they are getting all their cash by extorting


shopkeepers. Within hours of the BBC and everybody reporting that we were


going to bomb in Syria, we were told these oilfields, there was so much


oil being sold. Bronwyn might be able to help me with this. Who is


selling oil, who is buying the oil? Once you get into the oil market


there are a lot of brokers and middlemen. Nobody knows who they


are? They handle a lot of oil. You do not know. It is like all of these


things. Where has it come from? A lot of it would be of similar


quality. It is hard to tell. I think it will just keep happening. Saddam


Hussein lived under sanctions and he flogged barrel after barrel. There


will always be someone willing to take it, because it is cheaper than


getting it from Saudi Arabia. No wonder the problem is as deep as it


is. It will continue. You have a country with a border that is


hundreds of kilometres long. And there are Islamic State sympathisers


within Turkey. This is perhaps a naive question. An FT investigation


indicates ISIS gets as much from taxation and extortion. An FT


investigation? That is well known how they have been getting the


funding. You put FT investigation on the front. The BBC would end up


saying a BBC investigation. It all helps. On to the mail. I was


wondering what had happened to our old friend William. He has been out


of the headlines for a bit of time. Now he is back. He is saying this


government goes on like this, with my OneWorld alliance and all the


rest of it, I could refocus my operations in Ireland and Spain. The


government has not given clearance for a new runway at Heathrow. Even


after what happened last week, I have to declare an interest, the


person who came up with the report into this is a friend of mine. A


highly intelligent man. He must be asking, we still do not know why the


government has postponed this yet again, do we? Other than the London


elections. I do not know anything. Is a political hot potato right now.


They are looking at the environmental concerns highlighted


in the report. But Howard Davies, your friend, she noted all of that.


-- he noted. It is a


No need to wait until tomorrow morning 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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