:00:00. > :00:00.could pull off a shock after defeating Dagenham Redbridge, that
:00:00. > :00:00.is in Sportsday in 15 minutes. Redbridge, that is in
:00:00. > :00:22.Sportsday in 15 minutes. Hello and welcome to our look at
:00:23. > :00:27.what will be in the papers tomorrow morning. I am joined by Liam
:00:28. > :00:31.Halligan, economic scum and Tait for the Telegraph and broadcaster Penny
:00:32. > :00:37.Smith. The front pages starting with the Financial Times. -- economic is
:00:38. > :01:42.commentator. And this is the front there we go. Let's start with penny.
:01:43. > :01:48.What has happened to your wrist? The big news. This will be in the papers
:01:49. > :01:55.in the day after. This is why the Federal Reserve has raised rates. I
:01:56. > :02:00.broke my wrist skiing. As I keep on being told by everybody, it is a
:02:01. > :02:05.ridiculous pass time. When you face a very skivvy slope with 2 very thin
:02:06. > :02:13.bits of slippy stuff, it is ludicrous. It was grabber that I
:02:14. > :02:19.drank, I was in the Dolomites. Very brave of you. And with him on my
:02:20. > :02:26.elbows side. Careful... There is a chivalrous gap. Let's start with the
:02:27. > :02:34.Financial Times. And historic gamble, is a Greeley? It's been a
:02:35. > :02:39.long time coming. -- is it really? Viewers will remember in the
:02:40. > :02:42.aftermath of the collapse of Liman Brothers, interest rates were cut
:02:43. > :02:48.around the world, the US and the UK cut interest rates effectively to
:02:49. > :02:54.0%, almost 10 years ago, that was when we had a rates rise, interest
:02:55. > :02:58.rates reached a low level in the States in December 2008, some papers
:02:59. > :03:06.have the headline wrong, I am sure they will get it right for the 2nd
:03:07. > :03:11.edition. The problem is for the markets, had the Federal Reserve not
:03:12. > :03:14.raised rates, the most important central Bank the world, they have
:03:15. > :03:19.been talking about it for so long and have tried on 2 or 3 occasions,
:03:20. > :03:26.there have been tapered tantrums for the markets rebelled and the
:03:27. > :03:31.response to this has been has been relative calm so far, the Dow Jones
:03:32. > :03:36.has rallied... But somebody has complained about it. Saying it's
:03:37. > :03:41.going to hit hard-working families. Someone has complained. There is
:03:42. > :03:46.also an issue about what it means for us in Britain. Other be a
:03:47. > :03:50.knock-on effect? And the other thing is it's about savers versus
:03:51. > :03:57.borrowers and the point is savers of which includes the vast percentage,
:03:58. > :04:00.pensioners are doing quite well and heard to the generation rent or
:04:01. > :04:05.whatever you want to call those people who are under 30. The thing
:04:06. > :04:12.is if you are a saver, you have been penalised... Absolutely... For
:04:13. > :04:19.savings so people will say more than a quarter percent would be really
:04:20. > :04:21.good. For many years in the western world we have had negative real
:04:22. > :04:28.interest rates. We still have that in the UK. The Federal Reserve has
:04:29. > :04:33.raised rates from below to real terms 0%, whatever market
:04:34. > :04:38.commentators tell you, monetary and in the United States is still
:04:39. > :04:46.astonishingly loose. Just less loose than it was. The important meeting
:04:47. > :04:51.in Brussels... Saying that Germany and Angela Merkel will not back
:04:52. > :04:57.David Cameron on benefit curbs for migrants scuppering his package of
:04:58. > :05:01.EU reforms. Unfortunately, we knew this was going to happen, we knew he
:05:02. > :05:06.was not going to be able to go there and say I want this, this and this
:05:07. > :05:11.and they would say... OK, we want you so much, let's do it. We knew
:05:12. > :05:17.this would happen and how many people can genuinely be surprised by
:05:18. > :05:21.this, really? The only surprise in thing possibly is John Major saying
:05:22. > :05:29.let's stop flirting with the EU exit even then, that's not surprising.
:05:30. > :05:32.Outside there are rise in interest rates, and penny's am... It has been
:05:33. > :05:39.an important day of European diplomacy. Have missed that story.
:05:40. > :05:45.An EU summit in Brussels tomorrow, a lot of spin in the papers today,
:05:46. > :05:50.David Cameron making it 1 of his conditions of the UK or hen backing
:05:51. > :05:54.a vote for the UK to stay in the EU that in e-fits are curbed for
:05:55. > :05:59.migrants and Toby had been here for 4 years. A lot of Eastern European
:06:00. > :06:02.countries say that won't happen, German saying that won't happen and
:06:03. > :06:08.this intervention from John Major saying it would be dangerous to
:06:09. > :06:15.flirt with leaving the EU. Moving to the Independent, talking about
:06:16. > :06:18.Europe but the refugee crisis. That says Sister Marie want back benefit
:06:19. > :06:24.curbs for migrants but its Syrian refugees, there is an opinion poll
:06:25. > :06:28.which suggests that only 20% of Britons would be able to offer a
:06:29. > :06:34.refugee is spare room which is the 2nd lowest proportion of the 14
:06:35. > :06:38.countries that were surveyed. David Cameron will argue tomorrow in
:06:39. > :06:43.Brussels that the UK has delivered, it is on course to deliver on its
:06:44. > :06:46.pledge to accept 20,000 Syrian migrants by 2020, are original
:06:47. > :06:52.pledge after the summer crisis and he will say we will have settled
:06:53. > :06:57.1000 Syrian migrants by Christmas. Let's rattled through the other
:06:58. > :07:00.papers. The Guardian saying, interesting, banned weapons for sale
:07:01. > :07:06.on Amazon, things like pepper spray guns. This is staggering. Some of
:07:07. > :07:13.the statistics on these... Or actually incredible. There is...
:07:14. > :07:19.Test purchases... Good 1-handed glasses move. Did you see that? She
:07:20. > :07:24.was practising up. Right... There is a pistol that fires a jet of
:07:25. > :07:34.high-strength pepper spray at 112 miles an hour... I presume an M
:07:35. > :07:38.means a baseball cap containing a Hedwall stabbing knuckle-dusters in
:07:39. > :07:41.the peak, they say all 3 are legal but you can still buy them and when
:07:42. > :07:46.they came the packages were declared on the paperwork is an LED
:07:47. > :07:51.flashlight and a toy part and the price... It is peaky blinders in our
:07:52. > :07:56.time. A clever story by the Guardian. A lot of people sitting at
:07:57. > :07:59.home doing their Christmas shopping, wondering what they can buy on the
:08:00. > :08:05.web and all they have done is simply trawled Amazon and found what they
:08:06. > :08:10.could buy, some of these allegedly illegal goods... These are all
:08:11. > :08:14.illegal... Shipped directly from the Amazon Centre in the UK. They will
:08:15. > :08:20.be selling light Sabre is next on but rings is neatly onto Star Wars,
:08:21. > :08:24.it had its premiere tonight, getting amazing reviews, 5-star reviews in a
:08:25. > :08:31.lot of the papers. Are you a Star Wars fan? I saw the 1st 1, I quite
:08:32. > :08:40.fancy Harrison Ford, what can I say? Do you still? You told me you liked
:08:41. > :08:44.Chewbacca. I do like chest hair, and especially when it's continued over
:08:45. > :08:50.the entire body. This review on the front page of the Guardian, I had no
:08:51. > :08:52.idea what it meant. I won't bother reading it, because it's just
:08:53. > :08:57.incomprehensible. I don't think you need to know what it means, just
:08:58. > :09:03.enjoy the film. A little nub of news, the European premiere of Star
:09:04. > :09:10.Wars, the force awakens. It could have been the Federal Reserve
:09:11. > :09:22.awakens... In Leicester Square. Pandemonium, stars they are... To
:09:23. > :09:27.reddish actors... -- British actors. Daisy Ridley who will burst into a
:09:28. > :09:38.Click consciousness for the rest of our natural lives and John Boyle
:09:39. > :09:55.Yeager. Promoting the franchise. -- Boyega. Well done, John, research a
:09:56. > :09:58.lovely photograph. And Mr Moody himself... Manager-mac... Apparently
:09:59. > :10:03.he is said, all the speculation he might get the boot but he is said,
:10:04. > :10:13.but do not lose on Saturday is the message. When I was younger was a
:10:14. > :10:17.joke, what is blue and sliced on the table? Chelsea and that has come
:10:18. > :10:20.back into speculation. Flirting, using the words of Juan Martin del
:10:21. > :10:30.Potro, flirting with the relegation zone, losing 2- 1 to Leicester, they
:10:31. > :10:33.are the surprise team. There has been an emergency board meeting,
:10:34. > :10:42.apparently at Stamford Bridge. Ayew a fan? No. If he loses at
:10:43. > :10:48.Sunderland, the word is he will lose his job. You quite like him, he is a
:10:49. > :10:53.bit of a dish. Yes, he is a bit of a dish, but he can still afford a
:10:54. > :11:01.rather nice cold. Really? Is that a nice cold? It is the way he has got
:11:02. > :11:06.his hands in his pockets. Apparently if he gets fired he will get a
:11:07. > :11:11.?10,000,000 payoff so he can afford a nice raincoat in the future. Thank
:11:12. > :11:14.you very much to both of you. We will see you at 11:30 PM. Coming
:11:15. > :11:18.up...