06/01/2016

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:00:00. > :00:00.have the result from the game between Manchester and Arsenal. And

:00:00. > :00:15.the latest from the BDO. Darts championship.

:00:16. > :00:18.Hello, and welcome to our look ahead to what the the papers

:00:19. > :00:21.With me are the political commentator Lance

:00:22. > :00:26.Price, and Bronwyn Curtis, from the Society of Business Economists.

:00:27. > :00:38.The FT, which says the Chancellor George Osborne will warn that unless

:00:39. > :00:41.tough economic reforms are stuck to, it could mark "the beginning of the

:00:42. > :00:45.He cites the Chinese slowdown and plummeting oil prices

:00:46. > :00:49.The i leads on a story about five extremists it says have

:00:50. > :00:52.slipped out of the UK to join terror groups, despite having travel bans.

:00:53. > :00:55.The Sun says red wine drinkers are being warned to stop thinking it's

:00:56. > :00:58.good for them, with its supposed health benefits set to be rubbished

:00:59. > :01:01.The Mail says exam timetables for this summer's GCSEs

:01:02. > :01:04.and A-Levels have been altered over fears that Muslim children fasting

:01:05. > :01:08.during Ramadan will be unable to produce their best work.

:01:09. > :01:10.The Express warns Britain's set to freeze when it's battered

:01:11. > :01:13.by an Arctic blast next week, bringing with it snow and subzero

:01:14. > :01:21.temperatures heralding the start of what it calls proper winter weather.

:01:22. > :01:24.The Guardian leads on North Korea's claims it's tested a hydrogen bomb -

:01:25. > :01:26.it says the UN Security Council has threatened

:01:27. > :01:29.the country with new punitive measures, and there are also doubts

:01:30. > :01:33.The Telegraph says Republican Presidential candidate

:01:34. > :01:36.Donald Trump has threatened to withdraw nearly ?700 million

:01:37. > :01:39.of investment in Britain, as he hits back at attempts to ban

:01:40. > :01:46.And the Times claims ministers are now

:01:47. > :01:48.considering a tax on sugary drinks, after evidence showed it would

:01:49. > :01:55.It has a picture of Prince George who has started his first day

:01:56. > :02:12.The reshuffle that does not seem to want to end. The pack is continually

:02:13. > :02:18.being shuffled and shuffled. It is still going on. We have had three

:02:19. > :02:24.resignations today, so Jeremy Corbyn is to find three people to replace

:02:25. > :02:29.those who have left. It is a bit of chaos. It looks very chaotic. I am

:02:30. > :02:34.looking from the outside, I am not a political preacher will stop but it

:02:35. > :02:38.seems to me one of the things when I was employing people, I always tried

:02:39. > :02:42.to employ the best people. They may not always agree with me, they may

:02:43. > :02:47.not always agree with each other, but what you hope to do was put

:02:48. > :02:52.together the best you can get, and mould them into a team to go forward

:02:53. > :02:57.together. That is what leadership is about. This does not look like this.

:02:58. > :03:01.It looks like getting rid of those who have spoken out against the

:03:02. > :03:06.views of Jeremy Corbyn one of his supporters. Politics is slightly

:03:07. > :03:10.different from business in that regard. Some people would argue you

:03:11. > :03:14.want the best talent but also need to speak with a united voice, and it

:03:15. > :03:18.would save the Labour Party has not been doing that, especially on

:03:19. > :03:24.crucial issues like defence and Syria and foreign policy. That is

:03:25. > :03:28.trying is trying to do, have a united party. You do want a united

:03:29. > :03:33.party, and a coherent voice. But everyone doesn't have to agree with

:03:34. > :03:37.each other. One of the strengths of Jeremy Corbyn's new approach to the

:03:38. > :03:42.leadership is that he said it is OK to debate. In the past, we have been

:03:43. > :03:45.a bit too rigid in a system where everyone in the Cabinet or Shadow

:03:46. > :03:50.Cabinet had to agree with everything everyone else said. Everyone knew

:03:51. > :03:57.that is not our works. We would sit around and discuss everything and

:03:58. > :04:02.not always agree. Is it naive to talk about a new politics? Was that

:04:03. > :04:10.just rhetoric? I think it was. A lot of it was just rhetoric, and an

:04:11. > :04:17.excuse for allowing Jeremy Corbyn to cover up for the fact he did not

:04:18. > :04:20.have the authority. He has the support of about 10% of MPs on the

:04:21. > :04:25.Labour benches in the House of Commons. He has to manage a

:04:26. > :04:28.situation where he has a large body of support no body can deny amongst

:04:29. > :04:33.membership outside, but when it comes to the party in Westminster,

:04:34. > :04:38.who are the men and women who have to work with him, there is a really

:04:39. > :04:42.difficult relationship. This business around the reshuffle will

:04:43. > :04:45.make that relationship far worse. It is not just the three Shadow

:04:46. > :04:51.ministers that no one has heard of outside of West Minister resigning

:04:52. > :04:55.occurs to other people were sacked. It is that people who have a lot of

:04:56. > :04:59.respect because they are hard-working people are not only

:05:00. > :05:02.forced out of jobs but also trashed afterwards by some of the People

:05:03. > :05:07.around Jeremy Corbyn. That is unprofessional. That is an

:05:08. > :05:13.interesting point. Define Hilary Benn claims he has not been muzzled,

:05:14. > :05:18.says one paper. Those colleagues of his who have lost their jobs in the

:05:19. > :05:23.reshuffle have been described as disloyal and part of a right wing

:05:24. > :05:28.clique. Is that the kind of rhetoric that you would expect, especially in

:05:29. > :05:35.the political arena, when you want to be seen as capable of running the

:05:36. > :05:41.country? It looks very amateurish to me. It looks as though everyone is

:05:42. > :05:49.talking about everyone else I know backs, talking to the media. --

:05:50. > :05:56.behind their backs. That is not what I want to see. We voted the People

:05:57. > :06:02.who got in. They represent asked. I want them to be able to represent

:06:03. > :06:08.us. I find this sort of disorganised... I find it

:06:09. > :06:15.amateurish. You may be point as a voter, as a member of the public,

:06:16. > :06:19.this looks bizarre and amateurish. Are the public taking notice of

:06:20. > :06:25.this? One interview suggested it is a bit like the pre-season games for

:06:26. > :06:29.football. This is just the warmup, and no one really cares. It is not

:06:30. > :06:34.until you get close to a collection that people will care. There is some

:06:35. > :06:39.truth to that. Although people to form impressions of any process

:06:40. > :06:42.whether it is sport or politics. In contents is something people can

:06:43. > :06:48.smell, and it is written all over these stories and what has happened

:06:49. > :06:56.over the past few months. If those like months. -- it feels like

:06:57. > :07:03.months. It does feel like the reshuffle has gone on for weeks and

:07:04. > :07:09.weeks. It has turned out to be, compared to the blood threatened to

:07:10. > :07:13.bespoke, something far less serious. Yet it is all over the papers and

:07:14. > :07:17.broadcast media for days. That does have an impact. It may not have

:07:18. > :07:22.anything to do with their everyday lives, but the most important thing,

:07:23. > :07:27.if you are a political leader, every decision you make you should think,

:07:28. > :07:32.does this make my party more credible, more electable? All of

:07:33. > :07:37.these decisions fail those tests. Let's go to the Financial Times.

:07:38. > :07:44.George Osborne will give a speech where he will warn that the country

:07:45. > :07:49.is heading for rocky economic times. This is because of external risks. A

:07:50. > :07:53.lot of external risks. There are a lot of them. He also makes the point

:07:54. > :08:01.that last year, we had the slowest global growth since the crisis. So

:08:02. > :08:06.he is looking at these risks. It is China that is been all over the

:08:07. > :08:11.media. We have seen the stock market really volatile, crashing, and

:08:12. > :08:17.people are worrying about whether China is slowing down too much. The

:08:18. > :08:26.slump in the oil price, and a $35. -- under. Saudi Arabia and Iran are

:08:27. > :08:31.disagreeing, putting it mildly, and yet you expect the oil price to go

:08:32. > :08:37.up. But it went down again because you were not getting any agreement

:08:38. > :08:44.in OPEC. There is the fact that the UK economy, the numbers recently are

:08:45. > :08:49.much weaker than perhaps they thought they would be. It means the

:08:50. > :08:57.deficit might be higher. One thing the Conservatives have over Labour,

:08:58. > :09:01.polls would suggest, they are way ahead on economic readability. The

:09:02. > :09:07.latest poll suggested the Conservatives were 42% and Labour

:09:08. > :09:12.18%, reiterating George Osborne's point that there are not economic

:09:13. > :09:18.times ahead. That helped his cause any cause of his party. Those

:09:19. > :09:31.figures are woeful. It is a cause of great concern. It does bring it back

:09:32. > :09:35.to the arguments of austerity, whether or not it has run its course

:09:36. > :09:39.or George Osborne can continue to make because we need to be cutting

:09:40. > :09:44.back on spending and perhaps increasing taxes, which is something

:09:45. > :09:48.the Tories are normally reluctant to do. The problem for Labour is they

:09:49. > :09:52.don't have an alternative narrative. They say they are not happy with

:09:53. > :09:59.austerity and think it hurts the wrong people, but there is not a

:10:00. > :10:05.coherent alternative. One silver lining for some people, interest

:10:06. > :10:11.rates will probably not go up. Any time soon. That is what it looks

:10:12. > :10:17.like, because we are looking at growth that is quite soft, and

:10:18. > :10:22.coming out of the US Federal Reserve today, they said it was a close call

:10:23. > :10:32.on interest-rate hikes. They don't want to do that again soon. They are

:10:33. > :10:35.talking about another quarter point hikes, but it pushes interest-rate

:10:36. > :10:43.further into the future for everybody. Netflix launches in 130

:10:44. > :10:47.countries in an online streaming battle with Amazon. This tells us

:10:48. > :10:52.the whole way in which we get our entertainment is changing so fast.

:10:53. > :10:58.People are switching on to things like I prime and Netflix, and

:10:59. > :11:04.compared to the prices people pay for their sky subscriptions is a

:11:05. > :11:13.very cheap way of getting television -- Amazon prime. Some people still

:11:14. > :11:17.have to make these programmes. It is like journalism and any other

:11:18. > :11:23.business. If people don't want to pay money, they will not get quality

:11:24. > :11:28.of product. Have you got Netflix? No, but I have been looking at it,

:11:29. > :11:33.and the reason I have been looking at it is because I was checking

:11:34. > :11:41.yesterday my television Rundle. -- bundle. I won't say which one it is.

:11:42. > :11:45.Because they drag you in with discount, it has almost doubled in

:11:46. > :11:50.the last 12 months because discounts go away after three or six months.

:11:51. > :11:56.As they do with Amazon and Netflix. But they are very expensive. Just

:11:57. > :12:03.with movies and entertainment, and broadband, I am up at ?90 or more.

:12:04. > :12:07.That is far too much. I will look at an alternative. That is what they

:12:08. > :12:13.are doing in the US. How can they keep it so cheap in comparison to

:12:14. > :12:19.other satellite providers? It is called revenue investment. They are

:12:20. > :12:25.spending money to discount to get people in, to sign them up, and once

:12:26. > :12:30.you are signed up, most people just continue and don't look at it. Is

:12:31. > :12:38.that what Netflix will do? I think so. It is Netflix, Amazon, and there

:12:39. > :12:43.is too much competition, so there will be some fallout. But the model

:12:44. > :12:48.depends on dramatic growth in customers, which is what this story

:12:49. > :12:52.is suggesting. Netflix have 74 million already endured in the US,

:12:53. > :13:00.and 3.2 billion people have the Internet. The Daily Mail, exams

:13:01. > :13:07.being set early to fit in with Ramadan. This to accommodate fasting

:13:08. > :13:11.Muslims. They are trying to suggest this is a shock horror scandal and a

:13:12. > :13:19.threat to the British way of life, but it strikes me as sensible.

:13:20. > :13:24.Ramadan moves each year, but so does Christian festivals. The school

:13:25. > :13:29.calendar changes to accommodate whenever it is to happen is to be in

:13:30. > :13:33.any particular year. I don't see a problem right similar changes should

:13:34. > :13:37.not be made to accommodate Hamadan and the fact some kids are fasting

:13:38. > :13:42.and therefore not at that test. -- Ramadan. The suggestion is that all

:13:43. > :13:48.kids have to move their exams because of this. That could cause

:13:49. > :13:54.problems for Christian kids or whatever? Any kids. Is it fair? I am

:13:55. > :14:00.trying to find the opposition to this as well. You want students to

:14:01. > :14:04.do their best, because we want the best people to pass exams as well as

:14:05. > :14:08.they can because you want them skilled and in the workforce. You do

:14:09. > :14:16.not want them to suffer because they have not been eating. It is not a

:14:17. > :14:26.big deal. What is your story? On the front page. I think it is trying to

:14:27. > :14:29.put the word Muslims in a headline and suggest because sensible changes

:14:30. > :14:38.have been put in place, that somehow there is a threat. All right. Excuse

:14:39. > :14:48.me. Moving on to the Sun. This is an. A. Red wine is not good for you.

:14:49. > :14:53.What is that about? Back in 1995, they told us small amounts of

:14:54. > :15:00.alcohol, especially red wine, are good for us. Now they are not. Now

:15:01. > :15:08.they have decided actually, really, the health benefits are much more

:15:09. > :15:13.from exercise, eating greens and all of that stuff. All of that horrible

:15:14. > :15:19.stuff. Really they are saying it is bad for us. The fact is, we are

:15:20. > :15:26.drinking less alcohol as they say in this article. But not enough less.

:15:27. > :15:31.You have aged extremely well. The good news in the small print is that

:15:32. > :15:36.the health benefits are still there for men over 40. Which is probably

:15:37. > :15:44.both of us. And another group we won't discuss. And postmenopausal

:15:45. > :15:48.women. You said it. Busting myths on the inside page of the Sun, it stop

:15:49. > :15:57.you getting fat. It prevents cancer, wrong. It prevents memory loss,

:15:58. > :16:02.wrong. It prevents bug bites, wrong. It cuts heart disease et cetera it

:16:03. > :16:11.is all nonsense. I dislike it. I like the taste. It is not reached my

:16:12. > :16:14.memory so badly. -- damaged. You just have to wait six months and

:16:15. > :16:19.there will be a report that says the opposite. Thank you both. Stay with

:16:20. > :16:22.us on BBC News. Much more coming up.