12/04/2016 The Papers


12/04/2016

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 papers will be

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With me are Josie Cox from the Wall Street Journal and Pippa Crerar,

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Political Correspondent from The Evening Standard.

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Let's have a look at some of those front pages.

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The Guardian, which leads with those IMF warnings

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The EU referendum leads the Telegraph too.

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It reports a ?5 million push to leave, by a new group set up

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as a response to the government's pro-EU leaflets.

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to the stars' is the top story for The Times.

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It says tiny spaceships will be 'blasted' to distant stars by laser

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The Daily Mail has the migrant crisis on its front page.

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It reports that criminals are offering migrants passage

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to increase corporate tax transparency is the lead

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for the Metro, it says it's intended to shame big companies out of moving

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reports speculation about the end of the slump in oil prices,

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which have risen to their highest level this year.

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says Prince William ignored protocol to talk to India's Prime Minister

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that the financial crisis has caused delays to retirement for millions.

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Josie, let's start with The Guardian, the IMF raises stakes with

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warning a Brexit would hit global growth. The league campaign saying

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hang on, this is Project here again. -- the league campaign. They are in

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cahoots with the EU, and it is linked by the umbilical cord of

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Christine Lagarde, the former interior finance minister for

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France, and therefore this should be ignored -- Leave Campaign. Yes, we

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have to remember that it is not a huge surprise the IMF has said this,

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we knew that the report was coming out about the state of the economy

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and we have known her stance for a long time. The section where the IMF

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spoke about exit was pretty small. It could just be seen as a case of

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people paying attention to what they want to. In the grand scheme of

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things, the economic outlook that the IMF has issued for global and

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for Britain, they've cut it for the fourth time this year. In the grand

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scheme of things, it is looking relatively robust compared to a lot

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of economies. Of course, the government have seized on it and

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said look, this is proof the IMF, a respected organisation, have said it

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would be a catastrophe if there is a Brexit. But they forecast for the

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British economy and what would happen to this country, they got it

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wrong in the past? It does not stop George Osborne et al leaping on the

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reports, and talking about the mere risk of the fact that the UK economy

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had been tipped off and the impact on jobs would be worse of the Brexit

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happen. George Osborne and Christine Lagarde are old pals, he was one of

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the first finance ministers, Noble finance ministers to nominate her

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for her role in the IMF in 2011, -- global. He did the same earlier this

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year. The Brexit campaigners are saying that it is Christine Lagarde

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getting her organisation in line and doing the British governor and a

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favour by coming out and injecting a degree of warning in their report

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this time around. Brexit campaigners pointed out that Cameron himself

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insisted the referendum itself would not unsettle the UK economy. They

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are trying to discredit this is Christine Lagarde doing her mates a

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favour. The Financial Times," traders call

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into slump as oil price hits its highest level of the year".

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Interesting, the suggestion that this is why there has been a global

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downturn in oil prices? Yes, we are back at a level that we've not seen

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for some weeks or months. It would be quite easy to say that this is

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the era of sub $40 per barrel of oil, that is over. We have to

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remember the fundamentals of white oil fell so low over a short period

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of time, that is in place. Oil markets are in supply, there is a

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glut. The share industry is doing well. There are many different

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factors in place. The Doha meeting of the weekend could be a good

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start, and could be a good thing to get Opec members like Saudi Arabia

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and Venezuela around the table and talking about a concerted effort to

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cut production. At the end of the day, we've seen this before and have

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heard this rhetoric before. Whether it will lead to $50 per barrel of

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oil again is yet to be seen. Why would it be good for all of us of

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the prices are going up? Is it good for all of us could mark if oil

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prices are lower committee would think it would be better? The key

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economies that are going to benefit are the Opec members. Countries like

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Nigeria have been devastated by this slump in the price of oil, and

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Venezuela. For them it will be a good thing. And big corporations,

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like BP and Shell, they have had a tough few quarters, for then this

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will come as a relief. We have seen the effect on the Scottish oil

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industry. Jobs and big problems? In terms of Scottish politics and

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domestic invocations, this will give hope. Maybe not much more than hope

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at the moment but will give hope to support Scottish independence. The

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oil revenue they could raise from the North Sea was a key fundamental

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when it came to the economic case for independence. It has been

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devastated in recent times because of a collapse in the oil price.

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Staying with The Financial Times, consumers warned of weeks either

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defences on leading retail websites? This is worrying stuff, it is

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reminiscent of the Tour Talk data leak of a few months ago. -- Talk

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Talk. Hackers broke into the websites of and that resulted in the

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loss of customer data. What they are mentioning are household names like

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Waitrose, top shop, Debenhams... I do my fortnightly shop from Tesco. I

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happily tap in my home address and details, goodness knows what else

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they know about me from my shopping habits -- bank details will stop

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cyber security experts have warned that British consumers should

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reconsider interacting with some of these affected websites. Matt Elan

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denies that they have poor cyber security in place -- Matalan. They

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say they invest heavily in making sure their customers data is safe.

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Be of e-mails coming from these businesses, they could be from

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hackers. And other technical flaws, private information like bank

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details could be hacked into and used. These are websites millions of

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people use? Yes, and regularly. If you go on the Tesco website every

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weekend, you are not going to look every single time at whether it

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looks like it did last week. You might not pay attention to that kind

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of detail. On top of it, a lot of the retailers are having quite a

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tough time more generally in terms of competition in the market, price

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cuts, and prize was going on. Any kind of reputational damage that

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this could incur could be really make or break for them. It could be

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difficult for them. As you were saying, pepper, Matt Elan made it

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clear that in their case, they have strict measures to deal with this

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kind of thing -- Matalan. In the Daily Mail, migrants

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apparently smuggled to the UK for just ?100? At first glance, it looks

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like a classic Daily Mail immigration story. The scandal,

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people could arrive on our shores for only ?100, how easy it must be

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to get here. Looking more deeply, the report is an update given by the

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National crime agency. Every camera last year set up a group of about 90

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officers -- David Cameron. A new task force to look at the migrant

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crisis. This is the first report back. While there were some

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eye-catching figures like, you can get to the UK for just ?100, stuck

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into the back of a lorry from Calais. ?13,500, you can fly from

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Iraq with high-quality false papers. Or take a speedboat from Dunkirk for

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?12,000. The fundamentals of this are quite worrying. Because, what

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the report and update talks about is how the Aegean route, many refugees

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and migrants are taking it to come to Europe, from Greece and Turkey,

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because of that crackdown, people are going back to the previous most

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popular route, Libya to Italy. -- to Greece and Turkey to stop Austria

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have said they will build a wall on the border between the places

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migrants intend to cross. We know that Islamic State, they control a

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Libyan port, they have vowed to send fighters across the Mediterranean

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disguised as migrants. There is a terror concern that will only make

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the plight of genuine refugees and migrants worse. We have all been

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shocked by these pictures of poor souls coming across on these

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dilapidated craft, many of them drowning. These figures, 100s and

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thousands migrants travelled from Libya to Italy in 2014. It was the

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most popular route. It was 885,000 the following.

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Inevitably, those travelling this summer will lose their lives.

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Wales, save our steel. Prince ignores protocol to tackle

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the Indian Premier Mr over petition jobs axis? -- Indian Prime Minister.

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It is one of those issues that affect our lives. It is a political

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and economical subject. It is a people subject, about livelihoods.

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I'm not that surprised to see this out while he is over there. And that

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he said something. As we've seen in the past, he has to be careful with

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these things. That he does not overstep the mark and say anything

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that is not in line with the official line that Buckingham Palace

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is taking. People get angry about him allegedly breaking protocol, to

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say, you know what, help us save British Steel? Will people complain?

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It is such a political topic it is a hot potato in the sense of taking

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sides. It will be interesting to see what the responses to this. The

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Royals are absolutely loved in certain parts of India. On trips

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that I've been on, with various seedier politicians in

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-- senior politicians in India, there are always questions about

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what the Queen said that Buckingham Palace for her tea, and what he

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called these are called! Kate Roxette

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-- Corgis. This is a headline. She charmed the kids in Delhi. They are

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drumming trade Up? We had a bit of an issue with

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the ?50 dress, it is from temporally. As you know, because you

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are over say with your designers, you are regularly looking the racks

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at Selfridge's, unless she has got it in a sale or off the back of a

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lorry... It is more like ?500! We will knock

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a few more quid off for you! There is the uncomfortable, nation of Kate

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and her sparkling jewels and the street kids in New Delhi --

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uncomfortable contrast. They live lives of pure deprivation.

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We have two ended there. Thank you both of you for coming in.

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Don't forget, all of the front pages are online on the website. You can

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read a detailed review of the newspapers.

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It is their seven days a week. As I say, many thanks to our guests.

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That's all, goodbye.

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