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