:00:00. > :00:08.from the Cheltenham Fosterville. Thistle Cracker won the big race of
:00:09. > :00:16.the day. That is all coming up after The Papers. -- Cheltenham Festival.
:00:17. > :00:19.Hello and welcome to our look ahead to what the papers
:00:20. > :00:22.With me are Liam Halligan, economics correspondent
:00:23. > :00:24.at the Sunday Telegraph, and broadcaster Penny Smith.
:00:25. > :00:34.The Financial Times leads on the aftermath of the budget.
:00:35. > :00:37.It says George Osborne is facing a rebellion among Conservative MPs
:00:38. > :00:41.over his ?1 billion cut to disability benefits.
:00:42. > :00:46.The Telegraph has 'Tory rebellion on welfare cuts', as its top story.
:00:47. > :00:49.It says backbenchers are threatening to block the Chancellor's plans to
:00:50. > :00:55.limit benefits for 640,000 disabled people.
:00:56. > :00:58.The Mirror says there is open rebellion in the Conservative Party
:00:59. > :01:07.Its banner headline reads, 'Tory revolt at disabled benefit cut'.
:01:08. > :01:10.The Metro leads with a different treasury story.
:01:11. > :01:12.A warning from the environment minister
:01:13. > :01:17.Rory Stewart that the government might introduce a coffee cup tax.
:01:18. > :01:20.It says there's concern over the billions of cups which end up
:01:21. > :01:24.New Day leads on the death of the tampon tax.
:01:25. > :01:27.It comes after British women have paid ?240 million in VAT on sanitary
:01:28. > :01:36.It says paracetamol has been proven to be useless for sufferers
:01:37. > :01:48.Let's have a look at some of those. The Telegraph. More details that
:01:49. > :01:56.Tory rebellion. The second day of the budget. Some aspects of the
:01:57. > :01:59.budget are unravelling. The government has a small majority in
:02:00. > :02:08.Parliament, just 12, we sometimes forget that. There's now alliance of
:02:09. > :02:12.some Tories, eurosceptics and Labour backbenchers who are punishing the
:02:13. > :02:18.Chancellor for taking the relatively small amount of money, ?1.3 billion,
:02:19. > :02:24.but a huge amount of money for the people it affects, around 640,000
:02:25. > :02:29.disabled people. Their personal independence payments are being
:02:30. > :02:33.phased out and he faces a rebellion. I suspect we will see a quick
:02:34. > :02:40.retreat on this, given that the government won't want to give anyone
:02:41. > :02:44.excuse to keep them. But it might not necessarily be to do with the
:02:45. > :02:50.eurosceptics. It might be because people don't think it is a decent
:02:51. > :02:57.thing to do when the taxes are being cut for the wealthy are 5% or 10%.
:02:58. > :03:01.This isn't the right thing to be doing for people who can't work. If
:03:02. > :03:05.there was going to be a rebellion this will happen quicker. We have
:03:06. > :03:09.Tory Eurosceptics and backbenchers who see an opportunity to exert
:03:10. > :03:14.power and that's what they're doing. But it might not just be because of
:03:15. > :03:20.that, it might be because it is also about saying this is not a decent
:03:21. > :03:25.thing to be doing. Especially when as you look on Independent we the
:03:26. > :03:36.wealthiest 10% by far being the biggest beneficiaries. That is
:03:37. > :03:48.at... The poorest in society. Today, the ISS... IFS, a respected think
:03:49. > :03:54.tank, have laid into the government. Stronger than I have ever seen them
:03:55. > :03:58.do. They have particularly highlighted what they see as the
:03:59. > :04:05.regressive nature of Parliament's package of measures, especially the
:04:06. > :04:11.increase in the higher rate threshold to about ?45,000. George
:04:12. > :04:16.Osborne would say, as he did in the budget, the richest 1% of people pay
:04:17. > :04:20.28% of income tax, which is higher than during the Labour years. A lot
:04:21. > :04:26.of rich people have benefited, as John McDonald said, we had lower
:04:27. > :04:34.capital gains tax and so on. As Penney says, the top 10% of people
:04:35. > :04:39.gained more than ?250 a year and the next richest gained ?150 from this
:04:40. > :04:44.package. Which is next to nothing for them and would mean quite a
:04:45. > :04:48.lot... There's a gentleman who says George Osborne doesn't have to
:04:49. > :04:55.worry, I do. This is a man who worried he might not be able to
:04:56. > :04:59.afford to replace his wheelchair. And overall spending on those
:05:00. > :05:01.payments is going up and the most vulnerable would be protected. That
:05:02. > :05:07.is the argument that he will maintain in the Commons. While he
:05:08. > :05:13.turns it around. But the political optics look bad. As Labour are doing
:05:14. > :05:16.now quite effectively, they are linking to get the places where
:05:17. > :05:21.there have been cuts and linking together places where there have
:05:22. > :05:29.been... They say clearly this paid for this. No matter which way you
:05:30. > :05:35.look at it, it is taking cake from the people who can't afford...
:05:36. > :05:45.Penney, better news if the government is looking at the The New
:05:46. > :05:54.Day... This is the story that VAT is going to go. Well, it appears it
:05:55. > :05:58.will. On sanitary products. Although, I did look at that picture
:05:59. > :06:05.and think, they look like world up ropes. Anyway, British women have
:06:06. > :06:08.paid out more than ?240 million in VAT over the past 15 years on the
:06:09. > :06:15.basis that these are not necessities, unlike razors for men.
:06:16. > :06:20.This is a bit of a nerdy story, but very symbolic. The EU has a rule
:06:21. > :06:26.that you have a minimum VAT rate of 5% on everything. That dates back a
:06:27. > :06:32.long time. Yes. If you want zero rated goods like food, like
:06:33. > :06:35.medicine, you have to get wages. Razors have been seen as essentials
:06:36. > :06:41.for quite a long time and women's sanitary products haven't. That's
:06:42. > :06:45.been righted now. The British government is reporting that
:06:46. > :06:49.European Parliament have agreed to put a statement of support for UK
:06:50. > :06:54.adjustment into the summit communique. Whether or not it
:06:55. > :07:00.actually amounts to a deal, there is some room for manoeuvre. It is
:07:01. > :07:06.interesting with all of this political clout. The disability
:07:07. > :07:13.benefit remains on one side... And also the forthcoming referendum.
:07:14. > :07:22.Yes, of course. You used the word prison one hour ago? -- prism. You
:07:23. > :07:28.have to look at it through the prism of the referendum. You should have a
:07:29. > :07:33.necklace with a prism on it, through which you can look at everything!
:07:34. > :07:37.For the next three months. Let's have a look at The Daily Mail. We
:07:38. > :07:43.touched on this one hour ago we touched on this one hour ago in
:07:44. > :07:50.paper. The coffee cup tax, which is being mooted. They are talking about
:07:51. > :07:56.a Tory wall. It is amazing. Up until a few days ago, when I saw it in the
:07:57. > :08:02.papers, I hadn't thought about it. The plastic bag tax. Every where I
:08:03. > :08:08.go, I think, have people stopped buying plastic bags? I have the
:08:09. > :08:13.little foldaway bags all the time, but I've been using those of course
:08:14. > :08:20.for years! You were way ahead of this. So ahead! But I always ask,
:08:21. > :08:32.has it worked? They all say it has. So many people say that... The
:08:33. > :08:35.retailers say they are issuing 80% less plastic bags, so less plastic
:08:36. > :08:41.that end up in the sea or in landfill. The Environment Minister,
:08:42. > :08:46.who is a clever bloke, floated in the Commons today the idea of
:08:47. > :08:50.something similar on coffee cups. The idea of getting coffee but not
:08:51. > :08:57.in a disposable cup. In the last couple of hours we've just had the
:08:58. > :09:03.fizzy drinks tax, the food industry is very powerful and the government
:09:04. > :09:09.needs their support on June 23, if you are looking through the prism of
:09:10. > :09:15.the referendum. Is it just about the referendum prism? So let's just say
:09:16. > :09:27.she is pouring cold water into the coffee. Some people are posting the
:09:28. > :09:32.coffee cup tax. It does make sense. Billions, this tidal wave of
:09:33. > :09:40.rubbish. And these cops are made out of a blend of cardboard and plastic.
:09:41. > :09:43.Apparently they are hard to recycle. So this raises the question, is it
:09:44. > :09:50.to raise funds or stop doing things? A bit of both. The sugar
:09:51. > :09:55.tax, the government said they wanted people, especially kids, to drink
:09:56. > :09:59.less fizzy drinks, but that hasn't stopped the chancellor pencilling in
:10:00. > :10:03.?450 million from this thing by... In the first year of operation. So
:10:04. > :10:08.he's presumably assuming that it won't work. The law of unintended
:10:09. > :10:12.consequences properly means people will just eat chocolate instead, or
:10:13. > :10:19.chocolate milk. What do you think about the chocolate tax? Well, it
:10:20. > :10:24.probably would help me out. I would go onto toffee apples! You are
:10:25. > :10:36.head-on plastic bags but falling behind on chocolate. Yes. The
:10:37. > :10:45.Guardian. I know this has caught your eyes. I am a school governor.
:10:46. > :10:53.What do you bring to the party? I tell the jokes, of course. In the
:10:54. > :10:58.government education white paper, Nicky Morgan the education secretary
:10:59. > :11:01.has apparently put the idea out there, it is obviously a white
:11:02. > :11:07.papers or doesn't mean it is law or will become law, that the slots on
:11:08. > :11:10.the boards of governors of schools reserved for parents, who don't
:11:11. > :11:15.necessarily... They aren't necessarily lawyers or accountants,
:11:16. > :11:20.just parents who are elected by other parents, those slots could be
:11:21. > :11:23.scrapped. I think that's a shame. It would mean if you want to be on the
:11:24. > :11:29.board of governors as a parent you would have to bring tangible
:11:30. > :11:33.professionally recognised skills, like accountancy or the law. What a
:11:34. > :11:37.shame. There are certainly parents out there who make school governors
:11:38. > :11:41.and they're not professionally qualified. They just understand
:11:42. > :11:47.children. Yes, and also perhaps bring something else, for example
:11:48. > :11:52.they might have a different take on all sorts of things like sports.
:11:53. > :11:58.Indeed. I wonder why the government is doing this. More accountants? It
:11:59. > :12:04.will be interesting to see where this one goes. Take us to the inside
:12:05. > :12:14.of the Mail. It is on the front page as well. Our last days of laughter
:12:15. > :12:17.and ice cream by Paul Daniels. His wife was his former state
:12:18. > :12:22.assistant. 20 years younger and at the time that caused eyebrows, the
:12:23. > :12:29.age difference, and of course we all remember that interview when she
:12:30. > :12:33.said, what first attracted you to the millionaire Paul Daniels? Debbie
:12:34. > :12:37.has been talking about him and saying that he always made her
:12:38. > :12:45.laugh, they loved every single day and he loved people and he was... He
:12:46. > :12:49.was a really... She talks about how lovely he was and how the last 48
:12:50. > :13:00.hours he was kind of underwear. She said he was happy, and confused. --
:13:01. > :13:07.kind of unaware. It was a moving interview. He was born in
:13:08. > :13:13.Middlesborough. Probably quite a lot of people wouldn't have known that.
:13:14. > :13:19.28 years together. She said they had a marriage that everyone dreams. It
:13:20. > :13:22.was a lovely interview. One of those people who had been on the
:13:23. > :13:28.television screens for about 25 years. So many years. Lots of
:13:29. > :13:32.magicians are quoting him as the person who inspired them. That was
:13:33. > :13:44.the other thing that has been touched on in interviews.
:13:45. > :13:57.We will close with the Egyptian queen story you wanted to mention? A
:13:58. > :14:01.tiny bit of the Telegraph? They have scanned the tomb of Tutankhamen and
:14:02. > :14:06.they have found that almost certainly, there would be other
:14:07. > :14:11.areas there behind the chambers. Two hidden chambers which may well be
:14:12. > :14:21.their resting place of queen Nefertiti, the legendary beauty and
:14:22. > :14:30.the wife of Tutankhamen's father. It is always odd, because when you say
:14:31. > :14:37.the mum, she is also a mummy. But how exciting is that? And unsealed
:14:38. > :14:54.by a British archaeologist, Nicholas Reeves. British archaeologist also
:14:55. > :14:56.unearthed Tutankhamen originally. Thank you very much. Coming up next,