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