16/12/2015 The Papers


16/12/2015

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could pull off a shock after defeating Dagenham Redbridge, that

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is in Sportsday in 15 minutes. Redbridge, that is in

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Sportsday in 15 minutes. Hello and welcome to our look at

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what will be in the papers tomorrow morning. I am joined by Liam

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Halligan, economic scum and Tait for the Telegraph and broadcaster Penny

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Smith. The front pages starting with the Financial Times. -- economic is

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commentator. And this is the front there we go. Let's start with penny.

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What has happened to your wrist? The big news. This will be in the papers

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in the day after. This is why the Federal Reserve has raised rates. I

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broke my wrist skiing. As I keep on being told by everybody, it is a

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ridiculous pass time. When you face a very skivvy slope with 2 very thin

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bits of slippy stuff, it is ludicrous. It was grabber that I

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drank, I was in the Dolomites. Very brave of you. And with him on my

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elbows side. Careful... There is a chivalrous gap. Let's start with the

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Financial Times. And historic gamble, is a Greeley? It's been a

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long time coming. -- is it really? Viewers will remember in the

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aftermath of the collapse of Liman Brothers, interest rates were cut

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around the world, the US and the UK cut interest rates effectively to

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0%, almost 10 years ago, that was when we had a rates rise, interest

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rates reached a low level in the States in December 2008, some papers

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have the headline wrong, I am sure they will get it right for the 2nd

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edition. The problem is for the markets, had the Federal Reserve not

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raised rates, the most important central Bank the world, they have

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been talking about it for so long and have tried on 2 or 3 occasions,

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there have been tapered tantrums for the markets rebelled and the

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response to this has been has been relative calm so far, the Dow Jones

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has rallied... But somebody has complained about it. Saying it's

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going to hit hard-working families. Someone has complained. There is

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also an issue about what it means for us in Britain. Other be a

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knock-on effect? And the other thing is it's about savers versus

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borrowers and the point is savers of which includes the vast percentage,

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pensioners are doing quite well and heard to the generation rent or

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whatever you want to call those people who are under 30. The thing

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is if you are a saver, you have been penalised... Absolutely... For

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savings so people will say more than a quarter percent would be really

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good. For many years in the western world we have had negative real

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interest rates. We still have that in the UK. The Federal Reserve has

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raised rates from below to real terms 0%, whatever market

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commentators tell you, monetary and in the United States is still

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astonishingly loose. Just less loose than it was. The important meeting

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in Brussels... Saying that Germany and Angela Merkel will not back

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David Cameron on benefit curbs for migrants scuppering his package of

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EU reforms. Unfortunately, we knew this was going to happen, we knew he

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was not going to be able to go there and say I want this, this and this

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and they would say... OK, we want you so much, let's do it. We knew

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this would happen and how many people can genuinely be surprised by

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this, really? The only surprise in thing possibly is John Major saying

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let's stop flirting with the EU exit even then, that's not surprising.

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Outside there are rise in interest rates, and penny's am... It has been

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an important day of European diplomacy. Have missed that story.

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An EU summit in Brussels tomorrow, a lot of spin in the papers today,

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David Cameron making it 1 of his conditions of the UK or hen backing

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a vote for the UK to stay in the EU that in e-fits are curbed for

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migrants and Toby had been here for 4 years. A lot of Eastern European

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countries say that won't happen, German saying that won't happen and

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this intervention from John Major saying it would be dangerous to

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flirt with leaving the EU. Moving to the Independent, talking about

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Europe but the refugee crisis. That says Sister Marie want back benefit

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curbs for migrants but its Syrian refugees, there is an opinion poll

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which suggests that only 20% of Britons would be able to offer a

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refugee is spare room which is the 2nd lowest proportion of the 14

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countries that were surveyed. David Cameron will argue tomorrow in

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Brussels that the UK has delivered, it is on course to deliver on its

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pledge to accept 20,000 Syrian migrants by 2020, are original

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pledge after the summer crisis and he will say we will have settled

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1000 Syrian migrants by Christmas. Let's rattled through the other

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papers. The Guardian saying, interesting, banned weapons for sale

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on Amazon, things like pepper spray guns. This is staggering. Some of

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the statistics on these... Or actually incredible. There is...

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Test purchases... Good 1-handed glasses move. Did you see that? She

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was practising up. Right... There is a pistol that fires a jet of

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high-strength pepper spray at 112 miles an hour... I presume an M

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means a baseball cap containing a Hedwall stabbing knuckle-dusters in

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the peak, they say all 3 are legal but you can still buy them and when

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they came the packages were declared on the paperwork is an LED

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flashlight and a toy part and the price... It is peaky blinders in our

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time. A clever story by the Guardian. A lot of people sitting at

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home doing their Christmas shopping, wondering what they can buy on the

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web and all they have done is simply trawled Amazon and found what they

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could buy, some of these allegedly illegal goods... These are all

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illegal... Shipped directly from the Amazon Centre in the UK. They will

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be selling light Sabre is next on but rings is neatly onto Star Wars,

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it had its premiere tonight, getting amazing reviews, 5-star reviews in a

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lot of the papers. Are you a Star Wars fan? I saw the 1st 1, I quite

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fancy Harrison Ford, what can I say? Do you still? You told me you liked

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Chewbacca. I do like chest hair, and especially when it's continued over

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the entire body. This review on the front page of the Guardian, I had no

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idea what it meant. I won't bother reading it, because it's just

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incomprehensible. I don't think you need to know what it means, just

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enjoy the film. A little nub of news, the European premiere of Star

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Wars, the force awakens. It could have been the Federal Reserve

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awakens... In Leicester Square. Pandemonium, stars they are... To

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reddish actors... -- British actors. Daisy Ridley who will burst into a

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Click consciousness for the rest of our natural lives and John Boyle

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Yeager. Promoting the franchise. -- Boyega. Well done, John, research a

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lovely photograph. And Mr Moody himself... Manager-mac... Apparently

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he is said, all the speculation he might get the boot but he is said,

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but do not lose on Saturday is the message. When I was younger was a

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joke, what is blue and sliced on the table? Chelsea and that has come

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back into speculation. Flirting, using the words of Juan Martin del

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Potro, flirting with the relegation zone, losing 2- 1 to Leicester, they

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are the surprise team. There has been an emergency board meeting,

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apparently at Stamford Bridge. Ayew a fan? No. If he loses at

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Sunderland, the word is he will lose his job. You quite like him, he is a

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bit of a dish. Yes, he is a bit of a dish, but he can still afford a

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rather nice cold. Really? Is that a nice cold? It is the way he has got

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his hands in his pockets. Apparently if he gets fired he will get a

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?10,000,000 payoff so he can afford a nice raincoat in the future. Thank

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you very much to both of you. We will see you at 11:30 PM. Coming

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up...

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No need to wait to see what's in the papers - tune in for a lively and informed conversation about the next day's headlines.


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