:00:00. > :00:17.Hello and welcome to our look ahead to what the papers will be
:00:18. > :00:23.With me are Josie Cox from the Wall Street Journal and Pippa Crerar,
:00:24. > :00:26.Political Correspondent from The Evening Standard.
:00:27. > :00:30.Let's have a look at some of those front pages.
:00:31. > :00:32.The Guardian, which leads with those IMF warnings
:00:33. > :00:40.The EU referendum leads the Telegraph too.
:00:41. > :00:43.It reports a ?5 million push to leave, by a new group set up
:00:44. > :00:47.as a response to the government's pro-EU leaflets.
:00:48. > :00:53.to the stars' is the top story for The Times.
:00:54. > :00:56.It says tiny spaceships will be 'blasted' to distant stars by laser
:00:57. > :00:59.The Daily Mail has the migrant crisis on its front page.
:01:00. > :01:01.It reports that criminals are offering migrants passage
:01:02. > :01:06.to increase corporate tax transparency is the lead
:01:07. > :01:10.for the Metro, it says it's intended to shame big companies out of moving
:01:11. > :01:14.reports speculation about the end of the slump in oil prices,
:01:15. > :01:16.which have risen to their highest level this year.
:01:17. > :01:20.says Prince William ignored protocol to talk to India's Prime Minister
:01:21. > :01:32.that the financial crisis has caused delays to retirement for millions.
:01:33. > :01:38.Josie, let's start with The Guardian, the IMF raises stakes with
:01:39. > :01:45.warning a Brexit would hit global growth. The league campaign saying
:01:46. > :01:52.hang on, this is Project here again. -- the league campaign. They are in
:01:53. > :01:55.cahoots with the EU, and it is linked by the umbilical cord of
:01:56. > :02:00.Christine Lagarde, the former interior finance minister for
:02:01. > :02:06.France, and therefore this should be ignored -- Leave Campaign. Yes, we
:02:07. > :02:10.have to remember that it is not a huge surprise the IMF has said this,
:02:11. > :02:14.we knew that the report was coming out about the state of the economy
:02:15. > :02:22.and we have known her stance for a long time. The section where the IMF
:02:23. > :02:25.spoke about exit was pretty small. It could just be seen as a case of
:02:26. > :02:30.people paying attention to what they want to. In the grand scheme of
:02:31. > :02:36.things, the economic outlook that the IMF has issued for global and
:02:37. > :02:43.for Britain, they've cut it for the fourth time this year. In the grand
:02:44. > :02:46.scheme of things, it is looking relatively robust compared to a lot
:02:47. > :02:52.of economies. Of course, the government have seized on it and
:02:53. > :02:56.said look, this is proof the IMF, a respected organisation, have said it
:02:57. > :02:59.would be a catastrophe if there is a Brexit. But they forecast for the
:03:00. > :03:05.British economy and what would happen to this country, they got it
:03:06. > :03:10.wrong in the past? It does not stop George Osborne et al leaping on the
:03:11. > :03:18.reports, and talking about the mere risk of the fact that the UK economy
:03:19. > :03:22.had been tipped off and the impact on jobs would be worse of the Brexit
:03:23. > :03:27.happen. George Osborne and Christine Lagarde are old pals, he was one of
:03:28. > :03:32.the first finance ministers, Noble finance ministers to nominate her
:03:33. > :03:37.for her role in the IMF in 2011, -- global. He did the same earlier this
:03:38. > :03:41.year. The Brexit campaigners are saying that it is Christine Lagarde
:03:42. > :03:44.getting her organisation in line and doing the British governor and a
:03:45. > :03:51.favour by coming out and injecting a degree of warning in their report
:03:52. > :03:54.this time around. Brexit campaigners pointed out that Cameron himself
:03:55. > :04:00.insisted the referendum itself would not unsettle the UK economy. They
:04:01. > :04:02.are trying to discredit this is Christine Lagarde doing her mates a
:04:03. > :04:08.favour. The Financial Times," traders call
:04:09. > :04:13.into slump as oil price hits its highest level of the year".
:04:14. > :04:18.Interesting, the suggestion that this is why there has been a global
:04:19. > :04:22.downturn in oil prices? Yes, we are back at a level that we've not seen
:04:23. > :04:29.for some weeks or months. It would be quite easy to say that this is
:04:30. > :04:34.the era of sub $40 per barrel of oil, that is over. We have to
:04:35. > :04:39.remember the fundamentals of white oil fell so low over a short period
:04:40. > :04:43.of time, that is in place. Oil markets are in supply, there is a
:04:44. > :04:51.glut. The share industry is doing well. There are many different
:04:52. > :04:56.factors in place. The Doha meeting of the weekend could be a good
:04:57. > :05:00.start, and could be a good thing to get Opec members like Saudi Arabia
:05:01. > :05:04.and Venezuela around the table and talking about a concerted effort to
:05:05. > :05:07.cut production. At the end of the day, we've seen this before and have
:05:08. > :05:15.heard this rhetoric before. Whether it will lead to $50 per barrel of
:05:16. > :05:20.oil again is yet to be seen. Why would it be good for all of us of
:05:21. > :05:22.the prices are going up? Is it good for all of us could mark if oil
:05:23. > :05:28.prices are lower committee would think it would be better? The key
:05:29. > :05:32.economies that are going to benefit are the Opec members. Countries like
:05:33. > :05:36.Nigeria have been devastated by this slump in the price of oil, and
:05:37. > :05:43.Venezuela. For them it will be a good thing. And big corporations,
:05:44. > :05:47.like BP and Shell, they have had a tough few quarters, for then this
:05:48. > :05:53.will come as a relief. We have seen the effect on the Scottish oil
:05:54. > :05:56.industry. Jobs and big problems? In terms of Scottish politics and
:05:57. > :06:02.domestic invocations, this will give hope. Maybe not much more than hope
:06:03. > :06:05.at the moment but will give hope to support Scottish independence. The
:06:06. > :06:09.oil revenue they could raise from the North Sea was a key fundamental
:06:10. > :06:12.when it came to the economic case for independence. It has been
:06:13. > :06:17.devastated in recent times because of a collapse in the oil price.
:06:18. > :06:22.Staying with The Financial Times, consumers warned of weeks either
:06:23. > :06:26.defences on leading retail websites? This is worrying stuff, it is
:06:27. > :06:37.reminiscent of the Tour Talk data leak of a few months ago. -- Talk
:06:38. > :06:42.Talk. Hackers broke into the websites of and that resulted in the
:06:43. > :06:47.loss of customer data. What they are mentioning are household names like
:06:48. > :06:57.Waitrose, top shop, Debenhams... I do my fortnightly shop from Tesco. I
:06:58. > :07:01.happily tap in my home address and details, goodness knows what else
:07:02. > :07:07.they know about me from my shopping habits -- bank details will stop
:07:08. > :07:09.cyber security experts have warned that British consumers should
:07:10. > :07:16.reconsider interacting with some of these affected websites. Matt Elan
:07:17. > :07:21.denies that they have poor cyber security in place -- Matalan. They
:07:22. > :07:32.say they invest heavily in making sure their customers data is safe.
:07:33. > :07:36.Be of e-mails coming from these businesses, they could be from
:07:37. > :07:40.hackers. And other technical flaws, private information like bank
:07:41. > :07:47.details could be hacked into and used. These are websites millions of
:07:48. > :07:51.people use? Yes, and regularly. If you go on the Tesco website every
:07:52. > :07:54.weekend, you are not going to look every single time at whether it
:07:55. > :08:01.looks like it did last week. You might not pay attention to that kind
:08:02. > :08:05.of detail. On top of it, a lot of the retailers are having quite a
:08:06. > :08:09.tough time more generally in terms of competition in the market, price
:08:10. > :08:12.cuts, and prize was going on. Any kind of reputational damage that
:08:13. > :08:17.this could incur could be really make or break for them. It could be
:08:18. > :08:22.difficult for them. As you were saying, pepper, Matt Elan made it
:08:23. > :08:26.clear that in their case, they have strict measures to deal with this
:08:27. > :08:30.kind of thing -- Matalan. In the Daily Mail, migrants
:08:31. > :08:34.apparently smuggled to the UK for just ?100? At first glance, it looks
:08:35. > :08:41.like a classic Daily Mail immigration story. The scandal,
:08:42. > :08:45.people could arrive on our shores for only ?100, how easy it must be
:08:46. > :08:49.to get here. Looking more deeply, the report is an update given by the
:08:50. > :08:56.National crime agency. Every camera last year set up a group of about 90
:08:57. > :09:00.officers -- David Cameron. A new task force to look at the migrant
:09:01. > :09:06.crisis. This is the first report back. While there were some
:09:07. > :09:10.eye-catching figures like, you can get to the UK for just ?100, stuck
:09:11. > :09:17.into the back of a lorry from Calais. ?13,500, you can fly from
:09:18. > :09:25.Iraq with high-quality false papers. Or take a speedboat from Dunkirk for
:09:26. > :09:30.?12,000. The fundamentals of this are quite worrying. Because, what
:09:31. > :09:34.the report and update talks about is how the Aegean route, many refugees
:09:35. > :09:40.and migrants are taking it to come to Europe, from Greece and Turkey,
:09:41. > :09:46.because of that crackdown, people are going back to the previous most
:09:47. > :09:49.popular route, Libya to Italy. -- to Greece and Turkey to stop Austria
:09:50. > :09:56.have said they will build a wall on the border between the places
:09:57. > :10:07.migrants intend to cross. We know that Islamic State, they control a
:10:08. > :10:11.Libyan port, they have vowed to send fighters across the Mediterranean
:10:12. > :10:15.disguised as migrants. There is a terror concern that will only make
:10:16. > :10:20.the plight of genuine refugees and migrants worse. We have all been
:10:21. > :10:23.shocked by these pictures of poor souls coming across on these
:10:24. > :10:30.dilapidated craft, many of them drowning. These figures, 100s and
:10:31. > :10:42.thousands migrants travelled from Libya to Italy in 2014. It was the
:10:43. > :10:44.most popular route. It was 885,000 the following.
:10:45. > :10:51.Inevitably, those travelling this summer will lose their lives.
:10:52. > :10:54.Wales, save our steel. Prince ignores protocol to tackle
:10:55. > :11:02.the Indian Premier Mr over petition jobs axis? -- Indian Prime Minister.
:11:03. > :11:09.It is one of those issues that affect our lives. It is a political
:11:10. > :11:14.and economical subject. It is a people subject, about livelihoods.
:11:15. > :11:19.I'm not that surprised to see this out while he is over there. And that
:11:20. > :11:23.he said something. As we've seen in the past, he has to be careful with
:11:24. > :11:29.these things. That he does not overstep the mark and say anything
:11:30. > :11:35.that is not in line with the official line that Buckingham Palace
:11:36. > :11:40.is taking. People get angry about him allegedly breaking protocol, to
:11:41. > :11:46.say, you know what, help us save British Steel? Will people complain?
:11:47. > :11:52.It is such a political topic it is a hot potato in the sense of taking
:11:53. > :11:57.sides. It will be interesting to see what the responses to this. The
:11:58. > :12:03.Royals are absolutely loved in certain parts of India. On trips
:12:04. > :12:08.that I've been on, with various seedier politicians in
:12:09. > :12:14.-- senior politicians in India, there are always questions about
:12:15. > :12:18.what the Queen said that Buckingham Palace for her tea, and what he
:12:19. > :12:30.called these are called! Kate Roxette
:12:31. > :12:36.-- Corgis. This is a headline. She charmed the kids in Delhi. They are
:12:37. > :12:47.drumming trade Up? We had a bit of an issue with
:12:48. > :12:52.the ?50 dress, it is from temporally. As you know, because you
:12:53. > :13:01.are over say with your designers, you are regularly looking the racks
:13:02. > :13:04.at Selfridge's, unless she has got it in a sale or off the back of a
:13:05. > :13:11.lorry... It is more like ?500! We will knock
:13:12. > :13:22.a few more quid off for you! There is the uncomfortable, nation of Kate
:13:23. > :13:27.and her sparkling jewels and the street kids in New Delhi --
:13:28. > :13:32.uncomfortable contrast. They live lives of pure deprivation.
:13:33. > :13:38.We have two ended there. Thank you both of you for coming in.
:13:39. > :13:42.Don't forget, all of the front pages are online on the website. You can
:13:43. > :13:42.read a detailed review of the newspapers.
:13:43. > :13:57.It is their seven days a week. As I say, many thanks to our guests.
:13:58. > :14:03.That's all, goodbye.