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Hello and welcome to our look ahead to what the papers will be | :00:15. | :00:17. | |
With me are Paul Johnson, the deputy editor of the Guardian, | :00:18. | :00:20. | |
and Tim Collins, a former Conservative MP and | :00:21. | :00:22. | |
managing director of Bell Pottinger Public Affairs. | :00:23. | :00:31. | |
Let's look at some of the front pages. | :00:32. | :00:32. | |
The FT leads on what it calls a European crackdown on tax paid | :00:33. | :00:35. | |
It says Google's Paris office was raided by the French authorities. | :00:36. | :00:44. | |
The Telegraph says Britain is spending almost twice | :00:45. | :00:46. | |
as much of its national wealth on foreign aid, | :00:47. | :00:48. | |
It also has a picture of the Duchess of Cambridge, | :00:49. | :00:51. | |
who's thanked midwives for delivering her children Prince | :00:52. | :00:53. | |
- saying attempts to woo young voters backfired for both sides | :00:54. | :01:10. | |
The Times leads on an investigation that up to 150,000 pre-school | :01:11. | :01:14. | |
children have been reported to social services, over fears | :01:15. | :01:16. | |
The paper says a series of abuse cases has led to a "climate of fear" | :01:17. | :01:20. | |
for those who refer their concerns to the authorities. | :01:21. | :01:23. | |
And the Guardian has a special report on Britain's tallest | :01:24. | :01:25. | |
residential skyscraper, The Tower, in London. | :01:26. | :01:29. | |
It says almost two-thirds of it's apartments are foreign owned, | :01:30. | :01:31. | |
We will get onto that story in a few minutes. But first, Tim, foreign top | :01:32. | :01:40. | |
spending. Is that because Britain are spending too much or other | :01:41. | :01:43. | |
countries are not spending enough? There is a lot to be proud of in | :01:44. | :01:48. | |
terms of what they do further children educated and the diseases | :01:49. | :01:52. | |
tackled and refugees helped but I think quite a lot of people in the | :01:53. | :01:55. | |
Conservative Party and this is picked up in the Daily Telegraph | :01:56. | :01:58. | |
story are asking the question, given the sheer scale of our deficit, that | :01:59. | :02:03. | |
made were borrowing and that meant we will expect our children and | :02:04. | :02:08. | |
grandchildren to pay, is every penny of the overseas aid budget | :02:09. | :02:11. | |
justified? As a proportion of our national wealth it is pretty much | :02:12. | :02:15. | |
twice as much as Germany and France, three times as much as Japan, the | :02:16. | :02:20. | |
USA and Italy. That might be fine when we were right at the crust of | :02:21. | :02:24. | |
the boom, lots of money to spend on public services at home. Is it | :02:25. | :02:27. | |
sensible for us to be giving money to India who today launched the | :02:28. | :02:30. | |
space programme? It is a Conservative Government who thinks | :02:31. | :02:35. | |
it is a good idea. And one that has the law making it a legal | :02:36. | :02:38. | |
requirement, but I think you may have noticed, Clive, Tories are | :02:39. | :02:42. | |
disagreeing with each other at the moment. On a whole host of things! | :02:43. | :02:47. | |
Paul, what is your reading of the story? We know it is 0.7% of GDP and | :02:48. | :02:54. | |
Tim is right in a sense, in that if you see the people, should we be | :02:55. | :02:57. | |
giving money abroad like this, a lot of people would question it. If you | :02:58. | :03:02. | |
see, however, this money enabled 9 million children to get into school, | :03:03. | :03:08. | |
saved 250,000 lives of unborn babies, helped combat Ebola, gave | :03:09. | :03:13. | |
drastically needed medical supplies for Gaza etc, then they start to | :03:14. | :03:17. | |
say, yes, it is quite a good idea, quite a popular thing. There is | :03:18. | :03:23. | |
another reason slightly hidden and one comparative is daft in this | :03:24. | :03:27. | |
case. We get almost ?1 billion to Syrian refugees. We do not take them | :03:28. | :03:33. | |
in the numbers that the Germans, for instance, do, so we spend that money | :03:34. | :03:39. | |
in Jordan on humanitarian aid rather than taking large numbers of | :03:40. | :03:46. | |
refugees. It comes out of this part. It depends how you ask the question | :03:47. | :03:50. | |
then, really, doesn't it? Are we sending too much money on foreign | :03:51. | :03:54. | |
aid? Actually the response depends on the phrase ology of the question. | :03:55. | :03:59. | |
And I think it also depends... I think you will find great public | :04:00. | :04:03. | |
support for spending money on that sort of things Paul is talking about | :04:04. | :04:06. | |
in some of the poorest countries in the world. Whether we need to be | :04:07. | :04:09. | |
giving that money to growing countries their own space | :04:10. | :04:14. | |
programmes, less easy to justify. Their argument is, yes, you will | :04:15. | :04:18. | |
have some film stars in Mumbai or whatever are doing well but actually | :04:19. | :04:22. | |
still have hundreds of millions of people -- millions of people, | :04:23. | :04:25. | |
certainly in China, who are still living below the poverty line. Yes, | :04:26. | :04:29. | |
but if we are cutting back our public services at home to cut our | :04:30. | :04:34. | |
overseas aid, it is perhaps reasonable for us to see perhaps | :04:35. | :04:36. | |
they could delay their space programme to educate their own | :04:37. | :04:40. | |
children. Are to the Financial Times. The raid on company mac's | :04:41. | :04:45. | |
Paris office, Paul? The French raising this text -- raising the | :04:46. | :04:53. | |
stakes when it comes to these taxes -- on Google's Paris office. Yes, | :04:54. | :05:05. | |
contrast with Britain, where Google paid a minuscule tax bill. You could | :05:06. | :05:12. | |
probably pay that minuscule tax bill, Clive, but what you would have | :05:13. | :05:17. | |
to do is pass your paycheque... I work for the BBC, all right! Pass | :05:18. | :05:24. | |
your paycheque to Dublin, then to the Netherlands, back to Dublin | :05:25. | :05:27. | |
again and it will end up in Bermuda. If you can get an arrangement like | :05:28. | :05:31. | |
that which is a bit tricky, you tax take goes right down. Exactly. The | :05:32. | :05:35. | |
French have decided they will play hardball and it was part of | :05:36. | :05:45. | |
Hollande's commitment in the election, that he would get tough on | :05:46. | :05:49. | |
companies not paying their taxes. As you said, Tim, the contrast with | :05:50. | :05:52. | |
Britain is very clear. I think most people rather admire the French with | :05:53. | :05:57. | |
this. And the figures... They do raise a bit of a mystery, Clive, | :05:58. | :06:00. | |
because apparently the French will go after Google for $1.6 billion, or | :06:01. | :06:07. | |
Euros, in back taxes. That slightly raises the question. How can Google, | :06:08. | :06:13. | |
and indeed Apple, how can they possibly sell anything in Europe | :06:14. | :06:16. | |
when the United States is not in the European Union? Apparently we are | :06:17. | :06:20. | |
told you cannot sell anything to the EU unless a member... I was hoping I | :06:21. | :06:31. | |
would not have to talk about that! Twisting it into Brexit. But it is | :06:32. | :06:34. | |
an important question. Maybe you can trade with Europe without being in | :06:35. | :06:39. | |
the EU. But there is a serious point here about the contrast in the way | :06:40. | :06:43. | |
the authorities here have treated the tech companies and the | :06:44. | :06:49. | |
authorities in France. And the authorities in Ireland, that is the | :06:50. | :06:52. | |
interesting thing. What company mac and Apple are trying to do is say | :06:53. | :06:57. | |
that our European HQ 's are in Ireland and all other European | :06:58. | :06:59. | |
revenues somehow get shuffled through Ireland and they have much | :07:00. | :07:02. | |
lower rates of tax than any rust -- Sierra Leone and Apple. -- Google | :07:03. | :07:11. | |
and Apple. Samak lets not cast a stone across the Irish Sea. George | :07:12. | :07:15. | |
Osborne described this as a major success. Google are going to pay all | :07:16. | :07:22. | |
that money in taxes. Most people did not think it was major success. But, | :07:23. | :07:29. | |
Paul, I thought we believed everything the Chancellor said at | :07:30. | :07:32. | |
the moment in the Guardian? George gets his numbers wrong? Really? | :07:33. | :07:38. | |
Gentlemen, please. I left my gavel in the other room but I will bring | :07:39. | :07:41. | |
the next time. OK, let's go to the Guardian, Paul. This really I | :07:42. | :07:48. | |
suppose goes to the heart of -- heart of Britain's housing crisis at | :07:49. | :07:51. | |
least in certain parts of the South East, of course London. Foreign | :07:52. | :07:55. | |
investors using the London housing market as basically a safe haven for | :07:56. | :08:05. | |
their investments? We looked at London's tallest tower block, call | :08:06. | :08:10. | |
the tower,, down in the Battersea area, and it is the lack has 2014 | :08:11. | :08:16. | |
flats in it and nobody is registered to vote there. Two thirds of them | :08:17. | :08:21. | |
are foreign-owned, at least one quarter are secretly owned offshore | :08:22. | :08:26. | |
in tax havens. This is quite a remarkable... It is an eerily empty | :08:27. | :08:31. | |
place day in, day out. People say they go down to the swimming pool or | :08:32. | :08:36. | |
gym and nobody is there. In the concierge offers at the basement, | :08:37. | :08:39. | |
there are three clocks on the wall and they shall the times in Moscow, | :08:40. | :08:45. | |
Abu Dhabi and Hong Kong. It is sucking the life out of the area | :08:46. | :08:49. | |
around it. And is this indicative of what is going on in other | :08:50. | :08:52. | |
developments across London, across the UK? Or is it only London? Sinai | :08:53. | :09:00. | |
we think so. There is massive in red investment, people buying flats -- | :09:01. | :09:03. | |
yes, we think so. It is exacerbating the housing crisis in the sense that | :09:04. | :09:08. | |
London, in actual fact, went back last year. 9% fewer houses built | :09:09. | :09:12. | |
than in the year before. This is causing an enormous squeeze and is | :09:13. | :09:17. | |
also having social consequences as well. Mean well, Tim, if you're are | :09:18. | :09:21. | |
firemen, policemen, teacher, you cannot afford to live in central | :09:22. | :09:25. | |
London? I think there is a real challenge and local authorities both | :09:26. | :09:28. | |
Tory and Labour are coming up with -- trying to come up with ways of | :09:29. | :09:32. | |
tackling it but of course what you do not want to do is kill the golden | :09:33. | :09:35. | |
goose. Developers are required, with put a building like this up, they | :09:36. | :09:40. | |
have to put up tens even hundreds of millions of pounds sides of the | :09:41. | :09:43. | |
local authorities can build affordable housing. The new mayor of | :09:44. | :09:48. | |
London, Siddique Khan, has a target for homes to be built in the capital | :09:49. | :09:52. | |
and he wants all of those to be paid for by developers. Developers will | :09:53. | :09:57. | |
have to build skyscrapers to do that, but I think there are real | :09:58. | :10:00. | |
questions about whether it can be appropriate for all of them -- Sadiq | :10:01. | :10:03. | |
Khan. I agree with Paul, this is a good piece. For all the residents to | :10:04. | :10:08. | |
be people who do not seem to spend much at any time in the UK. I think | :10:09. | :10:12. | |
that is a challenge even for people like me in favour of inward | :10:13. | :10:15. | |
investment. The emphasis does need to be... Ameen, it will be | :10:16. | :10:20. | |
interesting to see what Sadiq Khan does, but let's build homes for | :10:21. | :10:23. | |
people who live and work in London rather than for ghosts -- I mean, it | :10:24. | :10:31. | |
will be interesting. The subject of the day now. | :10:32. | :10:42. | |
The sujet du jour. LAUGHTER | :10:43. | :10:47. | |
. Blitz-mac migrants picked up in Europe. The crisis is dwindling. -- | :10:48. | :10:52. | |
this is the kind of thing via Brexit ears are going to have to focus on | :10:53. | :10:57. | |
if they are going to convince the British people that out is the way | :10:58. | :11:04. | |
forward, because immigration, migration, it resonate with people | :11:05. | :11:09. | |
-- set-mac. Yes, for the Remained tied it is the economy and for the | :11:10. | :11:14. | |
leave side it is the immigration -- for the Remain side it is the | :11:15. | :11:23. | |
economy and for the Leave side it is immigration. Further down the court | :11:24. | :11:26. | |
Iain Duncan Smith at this point to the bigger problem. A couple of | :11:27. | :11:30. | |
months ago he was serving very happily, it seemed at the time in | :11:31. | :11:35. | |
David Cameron's Cabinet -- they quote. He is quoted as saying, the | :11:36. | :11:41. | |
refusal to engage in a fair contest is the definition of cowardice. That | :11:42. | :11:45. | |
is quite strong language. The issues being raised in this referendum I | :11:46. | :11:52. | |
think will not be resolved on May the -- to the 23rd and patching the | :11:53. | :11:56. | |
Tory party together will not be easy. At all? Yes, Tim is very | :11:57. | :12:05. | |
shaken by that Telegraph Pauls poll which assures it is almost game | :12:06. | :12:11. | |
over... I am delighted by the Times poll tonight which shows a swing to | :12:12. | :12:22. | |
the back. There are a number of Q, and, sure, but the leadership | :12:23. | :12:26. | |
of the Tory party are assembled in a firing squad, in a way, and as much | :12:27. | :12:31. | |
as I would like to see David Cameron debating Boris Johnson, Boris | :12:32. | :12:35. | |
Johnson, the man who accused the prim minister of "Demented | :12:36. | :12:38. | |
scaremongering", that would be quite lively but I do not think they will | :12:39. | :12:43. | |
do it. Blue on blue, we would call it, good for the entertainment, but | :12:44. | :12:46. | |
I think it shows the desperation of the situation they are in, to be | :12:47. | :12:58. | |
honest. The Metro. Who EU Kiddin? It has backfired somewhat? Yes, | :12:59. | :13:04. | |
firstly, the Remain camp came out with a totally patronising video | :13:05. | :13:07. | |
today which is on you tube and other places, speaking about raving, | :13:08. | :13:13. | |
working, earning, and I think the best response was from someone, I | :13:14. | :13:17. | |
suspect a young person, who tweeted back and said, shockingly, young | :13:18. | :13:23. | |
people do sometimes used the letter g. | :13:24. | :13:25. | |
LAUGHTER I see that the pro-Brexiteers have | :13:26. | :13:36. | |
this group set up and when they found out what it was for and | :13:37. | :13:39. | |
because they hotfooted it pretty quickly. I think we will be left | :13:40. | :13:43. | |
with Michael Gove and Boris Johnson onstage saying that -- singing that | :13:44. | :13:50. | |
old Animals hit, you know, we've got to get out of this place. Thank you | :13:51. | :13:55. | |
for joining us for a look at some of tomorrow morning's front pages. Much | :13:56. | :14:00. | |
more coming up. Thank you for watching The Papers. Good | :14:01. | :14:05. | |
Night. Good evening. A nice day for most of us. A bit of a breeze | :14:06. | :14:16. | |
perhaps but I hope you made the most of it. Some sunshine and a cool | :14:17. | :14:20. | |
breeze of the North Sea. Across the other side | :14:21. | :14:21. |