26/05/2016

Download Subtitles

Transcript

:00:16. > :00:18.Hello and welcome to our look ahead to what the the papers will be

:00:19. > :00:25.With me are the Economics Commentator for the Daily Telegraph,

:00:26. > :00:31.Liam Halligan, and the Economics Editor of the Independent, Ben Chu.

:00:32. > :00:33.The Telegraph says the details of 800 terror suspects

:00:34. > :00:41.It reports that errors by spies and the police meant that the DNA

:00:42. > :00:45.samples of one in ten extremists had to be discarded.

:00:46. > :00:49.The 'i' newspaper has Boris Johnson calling David Cameron a cynical

:00:50. > :00:51.Prime Minister, and accusing him of being powerless

:00:52. > :01:07.The Sun pictures David Cameron with his fingers in his ears

:01:08. > :01:20.at the news of another 330,000 migrants.

:01:21. > :01:23.The Financial Times says the campaign for Britain to leave

:01:24. > :01:26.the EU is receiving twice as much in donations as the remain campaign,

:01:27. > :01:29.The Times says plans for a European Army are being kept

:01:30. > :01:32.secret from voters until the day after the referendum.

:01:33. > :01:36.The Metro leads with the story of a little girl who was rescued

:01:37. > :01:39.from the Mediterranean, when the boat she was in capsized

:01:40. > :01:53.And, The Guardian says secretive firms are buying up the capital.

:01:54. > :01:56.It reports that 40,000 properties in London are now owned

:01:57. > :02:07.We cannot really avoid starting with all of these migration figures,

:02:08. > :02:15.quite picture of David Cameron turning a deaf ear to a bombshell of

:02:16. > :02:21.figures. Classic bit of photo shop. It was always going to be a big

:02:22. > :02:25.moment, the migration figures before the big vote. It's the number one

:02:26. > :02:33.concern of many voters and the biggest trump card believe campaign

:02:34. > :02:42.has. The papers like the sun and express were going to play this for

:02:43. > :02:47.all its worth. A high number of net migration and immigration directly

:02:48. > :02:51.from the EU. Papers like this have used it to say exactly this is why

:02:52. > :02:56.we need to get out of the EU because there is no chance of bringing down

:02:57. > :03:00.the migration unless you don't have any more freedom of movement which

:03:01. > :03:05.is why it's so easy for people from Europe to come and live and work in

:03:06. > :03:17.the UK. It's sensitive timing. Left than a month to go, coming down to

:03:18. > :03:25.the business end of the campaign and the FrontPage reminds me of the dead

:03:26. > :03:43.parrot or Neil Kinnock and the light bulb. Almost a record and Leave will

:03:44. > :03:48.play it as hard as they can. Nigel Pharoah saying it's out of control

:03:49. > :03:57.and set to get worse -- Nigel Farage. But people say that we need

:03:58. > :04:03.them for the NHS and the service sector. A think tank stressing that

:04:04. > :04:08.a high proportion of migrants in the UK currently have come from the EU

:04:09. > :04:16.under a points -based system they may net get a visa. Interesting, the

:04:17. > :04:22.guardian have the same story down the side, feel free to move away,

:04:23. > :04:28.very much the same figures but it's interesting what the different camps

:04:29. > :04:33.are doing. This quote from David Davies saying immigration could fall

:04:34. > :04:39.to near zero in some years if the UK opted for Brexit. People making

:04:40. > :04:46.quite assertive claims. He is a big Leave complainer of course. Yes, and

:04:47. > :04:50.if you plug zero migration into all the network models we have been

:04:51. > :04:55.having you get a very bad outcome because economic models assume that

:04:56. > :05:00.net migration is a boost to growth. It's a question of if it is a boost

:05:01. > :05:07.to GDP per head but it's certainly a boost to GDP. If David Davies is

:05:08. > :05:11.right and that is the Leave campaign objective, to have zero net

:05:12. > :05:18.migration that makes it a lot harder to say the economy will not suffer,

:05:19. > :05:22.living standards will not suffer. Saying there will be no more

:05:23. > :05:27.migration. I think this is mischief, David Davis, I am not his spokesman

:05:28. > :05:34.but he clearly doesn't believe that and did think anybody in the Leave

:05:35. > :05:42.camp once zero net migration. -- wants. Many people are saying even

:05:43. > :05:46.if you stay, if you want access to the single market you have to accept

:05:47. > :05:57.this open borders policy, you cannot just say we wanted anyone. There are

:05:58. > :06:05.some saying we could have a Norwegian style access to the single

:06:06. > :06:08.market, we need a WTO style agreement which would mean no more

:06:09. > :06:14.contributions but they have big implications. It would be net

:06:15. > :06:20.emigration set by the British government from year to year.

:06:21. > :06:24.Different trade agreements come with different restrictions in terms of

:06:25. > :06:28.the free movement of people. Leave campaigners would say we are in the

:06:29. > :06:35.UK, the fifth biggest economy in the world, we have ?60 billion deficit

:06:36. > :06:41.with the rest of the EU who want to sell us stuff so there would be a

:06:42. > :06:47.negotiation. You are saying about a bit of mischief making, take us to

:06:48. > :06:52.the times because there is a suggestion that there had been plans

:06:53. > :06:56.for an EU army which have been somehow sidelined until after the

:06:57. > :07:00.vote. You could argue this is mischief avoiding from David

:07:01. > :07:06.Cameron, the last thing he would want is something like this coming

:07:07. > :07:12.out in the middle of this campaign. They say it's an EU army, if you

:07:13. > :07:15.actually read it it's talking about European military and organisational

:07:16. > :07:19.structures being a bit more coordinated. You could argue that

:07:20. > :07:22.the beginnings of a European army or a bit more now to look operation

:07:23. > :07:28.between lots of countries who share the same goals and have a lot of the

:07:29. > :07:33.same objectives. So obviously, they have delayed it, and you can say

:07:34. > :07:40.that's a terrible way of, an democratic way of not giving people

:07:41. > :07:43.all the information. Just like people are complaining that Chilcot

:07:44. > :07:46.has been delayed until after the referendum because that will make

:07:47. > :07:51.people angry with the government. But this is a bit of a nonstory when

:07:52. > :07:57.you read it. It's interesting because even though emigration will

:07:58. > :08:02.stay a big theme until polling day we will quite quickly move on to

:08:03. > :08:12.security and defence, the idea are we more secure within the EU,

:08:13. > :08:17.because of Nato, using the five eyes, the intelligence sharing

:08:18. > :08:23.network, this campaign has a long way to run. Strap yourselves in!

:08:24. > :08:30.Stay with me, let's move to the Daily Telegraph, they have laid on a

:08:31. > :08:34.different story, we will go down the side to France and the fuel strikes

:08:35. > :08:40.and we should not be going there. Very much on the eve of a long bank

:08:41. > :08:44.holiday story, a lot of people will be off to France. The RAC saying if

:08:45. > :08:49.you have not invested much money in going to France perhaps you will be

:08:50. > :08:54.better off not getting involved because there are nationwide

:08:55. > :09:04.strikes, air traffic control, fuel hauliers, they don't have any petrol

:09:05. > :09:07.at a great deal of stations. The RAC is warning if you go to France you

:09:08. > :09:15.might get stranded without petrol and we can't cope. They are taking

:09:16. > :09:20.quite a strong position. Yes. They have to look after their members.

:09:21. > :09:24.What I find interesting is its one of the few things that we would

:09:25. > :09:32.agree on, that France needs these reforms badly. The French labour

:09:33. > :09:35.market is very gummed up with regulations and they need a shot in

:09:36. > :09:41.the arm from this kind of thing. It has got the French out, the unions

:09:42. > :09:47.out seeing you are attacking our sacred 35 hour week. Can you give us

:09:48. > :09:54.a ten second reminder? It's essentially to give employers more

:09:55. > :09:58.rights and more flexibility about how they run their companies about

:09:59. > :10:02.like what the UK had before Thatcher came along. The French never had a

:10:03. > :10:09.parallel deregulation of the labour market. To some degree it socially

:10:10. > :10:14.accepted... So that's what it's all about. Typical French way of doing

:10:15. > :10:20.things, you go on the street and hammer it out and maybe get some

:10:21. > :10:24.reform. Just to stress, there are families and holidays involved, I

:10:25. > :10:28.mentioned it, but to stress, it's not just freight hauliers and

:10:29. > :10:32.petrol, it also air traffic control, a lot of flights have been cancelled

:10:33. > :10:38.so before you go to the airport for the long weekend check your flight.

:10:39. > :10:42.I like this detail tucked away saying do not attempt to take

:10:43. > :10:47.supplies with you to France since many very operators have a five

:10:48. > :10:50.litre limit due to the fire risk. I have hideous visions of people

:10:51. > :10:58.stockpiling petrol cans in their books, don't do it. Let's move on to

:10:59. > :11:02.the Metro, some powerful pictures tying in with the issue of

:11:03. > :11:08.migration. This is one of those class of stories which gives you the

:11:09. > :11:12.human face of these terrible, the migration story. Every so often we

:11:13. > :11:17.get something like this which brings it home on a human scale. And

:11:18. > :11:21.nine-month-old baby who was on one of these boats, pictures of the boat

:11:22. > :11:26.collapsing in the Mediterranean earlier this week. She was on the

:11:27. > :11:30.boat, her mother died, the assumption is her father has died as

:11:31. > :11:35.well so she is an orphan and is being looked after by the

:11:36. > :11:39.authorities in Italy. It is just one of those amazing stories where you

:11:40. > :11:44.see the reality behind it. It's not about the numbers, it's not about

:11:45. > :11:51.fear, it's very human and I think everyone can relate to this pull

:11:52. > :11:55.will -- this poor girl. We talk about the fear factor we all have

:11:56. > :12:01.around it. Then you read a story like this and it is moving. Of

:12:02. > :12:06.course, you can do anything other than massively sympathise and be

:12:07. > :12:10.moved by it and nor would you. The UNHCR numbers are pretty horrific

:12:11. > :12:19.for the number of people did last summer. Thousands. It's likely to be

:12:20. > :12:22.the same this summer. The reality is that as the weather improves

:12:23. > :12:26.throughout June more people will do this, we will get more photographs

:12:27. > :12:32.like this, more pictures on the news. It is hateful to say but that

:12:33. > :12:37.will have political ramifications and implications and it just goes to

:12:38. > :12:42.show, there is a lot of people trafficking going on and a lot of

:12:43. > :12:48.unscrupulous people making money by preying on people's hopes and

:12:49. > :12:55.dreams. Just time to squeeze in the Financial Times. You should have

:12:56. > :13:00.started with this, you have two nerds here. This is Apple flirting

:13:01. > :13:04.with Time Warner, what has been going on? There has been a big trend

:13:05. > :13:08.of techie groups wanting to own their own content and now we have

:13:09. > :13:17.rumours, what we have here is a stylised rumour of Apple broaching a

:13:18. > :13:24.merger with Time Warner. Rupert Murdoch tried to buy Time Warner and

:13:25. > :13:28.his bed was rejected. Amazon and Netflix are creating huge amounts of

:13:29. > :13:31.their own content, Apple may be interested in buying a content

:13:32. > :13:35.provider. This is interesting for Apple because they are one of the

:13:36. > :13:40.biggest companies in the world but sales have been coming off a bet,

:13:41. > :13:46.the market has slightly turned on them. It's very speculative, this

:13:47. > :13:49.story, only a suggestion in a meeting a while ago but it's caught

:13:50. > :13:56.the imagination simply because maybe this is the next big move. Good way

:13:57. > :14:00.of boosting your share price! You are cynical! Thank you gentlemen,

:14:01. > :14:05.that is all for now don't forget all the front pages can be found online.

:14:06. > :14:10.You can see the detailed review there.