29/03/2016 The Papers


29/03/2016

No need to wait until tomorrow morning 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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Hello, and welcome to our look ahead to what the the papers will be

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With me are the Times Columnist Tim Montgomerie,

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and John Kampfner, the CEO of the Creative Industries Federation.

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Tomorrow's front pages, starting with warnings over

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Guardian lead with Brexit dangers. They say it could increase mortgage

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costs. Warnings over buy-to-let and a

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extraordinary picture of a man posing with the man who allegedly

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hijacked the flight today. The times has that photo again, leading with

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what hay call a clamp-down on buy-to-let mortgage, the Sun has

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that photo of that man, the paper reports him saying he is not sure

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why he posed for the photo. Britain in the EU is the main story

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for the Daily Mail. It says more than 1.6 million migrants moved to

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the UK in less than a decade. And the Express leads with the

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referendum debate. It claims that UK benefits are being spent on what it

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calls palaces in Romania. And Metro carries allegation about

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the singer Elton John, claims he vehemently denies. And New Day

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reports a call to put qualified teachers in every children's

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nursery. So, there we are. Those are the

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front-page, Tim and John, welcome. Let us kick off with that photo,

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Tim, that is in the Telegraph, one of the more extraordinary photos on

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the front-page I have seen in the last few weeks or months. It is

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extraordinary, and you know, we can only presume that by the time this

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photo was taken he realised that this suicide vest was a fake, it. It

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is prominent on his stomach there. You would think you would be at

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least be angry, that this guy had forced you to have this frightening

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experience and you are... He has a big grin on his face. Extraordinary

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grin. A cheesy grin, we were working out before, it couldn't be a selfie

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because nobody is taking the picture, who took the picture? Was

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it a member of the cabin crew or another passenger? Will he put it in

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his holiday album. I don't think I have ever seen anything quite as

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bonkers as that, and, it is incredibly humour aside, to go

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through an Orr deal like that in the times we are live, after Brussels,

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Paris and everything else, and somebody gets on a plane, with a

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suicide vest, threatening to blow it up, leaving aside the security risks

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and all that and you survive but your travel plans are completely

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screwed up by it, then, you know, to find some purported humour. A lot of

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questions at the end of the day. The day started with everybody thinking

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this was a terrifying incident but didn't turn out to be quit as bad as

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we thought. A lot of questions for Egyptian security. This was a fake,

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but still to walk through even with a fake suicide vest is

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extraordinary. Huge amounts of money have been put into try and

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strengthen Egyptian airport security, following the Downing of

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the Russian jet. There are stories in the paperers today saying VIP,

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big chooses in Egyptian society still refuse to be checked an the

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security officers continue feel confident enough to challenge them.

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They feel they might be fired o their jobs are at risk, you can't

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have security unless everybody is check I don't think this is a fake,

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there weren't explosive, this wouldn't have been triggered by

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normal security. This is concerning an unstable man was able to pull

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this off. The times are leading with what is going to be the big story,

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the Tata Steel closure, we are hearing this is from union source,

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that Tata Steel are going o close their UK operations and that is

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4,000 jobs. It is too late for most of The Papers to do with it

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prominence. The Times have it up at the top. Well done. That is why I

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asked you about it. When I used to do The Papers with Beth... I will

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give you a fiver later. I mean, if you look at it in, in sort of broad

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sweep historical terms, it is you know our steel industry was small,

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and getting smaller still, almost sort of you know tiny sort of, you

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know tokens of of what used to be a great industry. That said, according

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to what I read about it before the unions backed by local MPs and

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others were saying, all that was needed was some sort of two-year

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stay, and the big issue, whether it is a UK Government issue, and much

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criticism of Sajid Javid for not intervening or whether it is an EU

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issue, the refusal of Governments not to do anything about Chinese

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dump, you don't need to sound protectionist to protect an industry

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that appeared to be run itself pretty well. There is this now mouse

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glut of Chinese steel. Is there anything that any Government can do

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about that? Well of course, the people tonight in Port Talbot who

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are worried about their future, your heart goes out to them. Them. Tata

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were losing ?300 million a year, they have done almost everything

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they could do to save this plant. So every taxpayer in Britain, every

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voter in Britain has to say is that the best use of ?300 million? It

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could go to hospital, roads, school, it could go to train a new

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generation of people in the industries that we will be employing

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people in. John McDonnell suggested renationalisation of the British

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Steel industry? If they are willing to pay that cost, and impose that on

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other industry, deny it to other public service, there is always a

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cost for doing these things and in the 1970s we subsidised car

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industries, and all sorts of declining industry, and

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unfortunately, it is not the natural advantage now of advanced economies

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like Britain to compete with lower waged economies in other pars of the

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world. We have to invest in the industries of for, where educated

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workforces are the key, creative industries and that is our future,

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unfortunately. Let us have a look a the Express, that I have got their

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angle on it on page two, is that it is the European Union that have left

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steel jobs under threat, you sense there, you know, in the run-up to

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the referendum campaign... The Express, in particular, they don't

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let any opportunity to slag off the EU, and go past them. Literally on

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any day of the week you could find many anti-EU stories somewhere. If

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someone's cat ran away it would be the fault of the EU commission.

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There was much more of a sense of criticism you were reading in other

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papers many month'sing a, of George Osborne and the Treasury o Mondays

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ago. In the terms of some of The Papers kowtowing to China and not

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making the case more vigorously. There was that period late last year

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when he was in in China and the Chinese President was here, amid

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huge fanfare for the state visit, almost, it was please buy up any of

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our state asset, we will flog our utility, railways, whatever. In a

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way other countries don't do. Since we have moved on the Brexit or the

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referendum campaign, any way. Let us talk about the Guardian's lead story

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which is a Bank of England committee warning about an issue a warning

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over Brexit, Brexit danger, bank issues stark warnings. I think I

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think on Sunday the Health Secretary said the NHS would be in crisis, we

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had Nicky Morgan talking about a lost generation. I think this is

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twaddle. This is scaremongering, this is better to the the people who

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want to stay in the European Union. I think the Bank of England will be

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sown by more people as dispassionate, more independent

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minded. Not part of Project Fear. Contactually. I think there is a

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scepticism about the financial sector, big bank, the city issuing

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warnings, people think it is self-serving, lots of people

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remember how the CBI I and banks said if Britain didn't join the euro

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it would be a disaster, we were fortunate to stay out of that

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unemployment creating machines, but this will be, this will be a helpful

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on the margins. Do you think people will end up confuse by the

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statistics from the two sides? I mean, I mean, the phrase, a vote to

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leave risks causing a run on sterling, a end cred it crunch and

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higher interest rates for mortgage payers and businesses, if that

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message gets through, more than Tim was sayings, some of the more

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generalise phrase, if it comes down to the pocket book as the Americans

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would say, and people strongly believe it, then it will have an

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impact on the result. To me, what is interesting, is that the remain

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campaign very rarely make the positive case. There is always a

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double negative at the moment, if we leave terrible things will happen,

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and that may be true, but I also think, I am strongly in favour of

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staying, and I think there are positive cases to be made but the

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Government and the in campaign appears to have lost its mojo. We

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haven't got time to go through the positive sides so we will talk about

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the FT. There is another angle on the Brexit debate, is that the Bank

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of America are saying this is a word that can't be used by their senior

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staff when they are talking to clients. We saw, when the Scottish

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referendum result was so close, some big corporate companies intervened

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to try and argue for Scotland to say in the UK, and they got burned by

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it. A lot of you know, enthusiastic Scottish Nationalists recented that

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a company they were willing to shop at would take this view. People see

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how divided the country is, the opinion polls are 50-50, banks,

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investors, shops don't want to get on the wrong side of the public,

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and... So they are being more careful. This is causing

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consternation in Downing Street, the fact that big blue chip companies

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are not coming out and they are not saying what Downing Street suspects

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they believe, which is leaving would be dangerous, and they are hedging

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their bets, in that classic way that companies do. If banks like this

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don't make the case or more importantly, if companies and others

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don't make the care, either to employees, or more broadly, if they

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believe that to be the case, then I think it is really... It is less

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powerful thing than it was. Goldman Sachs is one of the most hated

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industries the country. It doesn't help in the way it would have done

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10, 20 years ago. Let us look at the FT. This is to do with Donald

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Trump's campaign, campaign manager being charged with battery after he

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was supposed to have grabbed a female reporter, I am not sure what

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it show, that is him supposedly grappling with her, you spent a lot

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time in America at the moment. Is this going to damage Donald Trump's

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campaign? He has criticised the war hero John McCain for getting

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captured. He has mocked a disabled New York Times reporter. He has made

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some incredibly misogynistic remarks, this is his campaign

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manager lied about he said he didn't touch this female reporter, he

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clearly did. Have good independent headline. He has been Teflon up to

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now, he has got away with things, even one would have sung a

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conventional candidate. I would hope it would damage him but I am not

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making prediction. Less than a man to go, if he is nominated will he,

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has he got a chance of beating Hillary Clinton? He has a chance,

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she is a row bo tech uninspiring candidate. He is so vulgar, he is so

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extreme in some of his view, his anti-Muslim, I don't think that will

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appeal to most Americans. Do you think trump could win? Rationale

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politics is losing out to irrational politics, whether it is on the right

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or left. Populist candidates who defy all the rules, are the ones who

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appear to be prevailing everywhere, so logic suggests he's won't win,

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but who can predict with certainty. That is hedging your bets.

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I know who I want to win, that is another matter. Many thanks to both

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of you, we have run out of time. That is it for the paper, before you

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go, we have got some other front pains that have come in while we

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have been talking. Let us show you those quickly.

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And the Daily Mirror with the claim against Elton John.

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He says he will fight tooth and nail. All the front-pages are online

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on the BBC News website where you can read a detailed review.

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Thank you to John and Tim, that is it from us, good night.

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