26/05/2016 The Papers

Hello and welcome to our look ahead to what the the papers will be

With me are the Economics Commentator for the Daily Telegraph,

Liam Halligan, and the Economics Editor of the Independent, Ben Chu.

The Telegraph says the details of 800 terror suspects

It reports that errors by spies and the police meant that the DNA

samples of one in ten extremists had to be discarded.

The 'i' newspaper has Boris Johnson calling David Cameron a cynical

Prime Minister, and accusing him of being powerless

The Sun pictures David Cameron with his fingers in his ears

at the news of another 330,000 migrants.

The Financial Times says the campaign for Britain to leave

the EU is receiving twice as much in donations as the remain campaign,

The Times says plans for a European Army are being kept

secret from voters until the day after the referendum.

The Metro leads with the story of a little girl who was rescued

from the Mediterranean, when the boat she was in capsized

And, The Guardian says secretive firms are buying up the capital.

It reports that 40,000 properties in London are now owned

We cannot really avoid starting with all of these migration figures,

quite picture of David Cameron turning a deaf ear to a bombshell of

figures. Classic bit of photo shop. It was always going to be a big

moment, the migration figures before the big vote. It's the number one

concern of many voters and the biggest trump card believe campaign

has. The papers like the sun and express were going to play this for

all its worth. A high number of net migration and immigration directly

from the EU. Papers like this have used it to say exactly this is why

we need to get out of the EU because there is no chance of bringing down

the migration unless you don't have any more freedom of movement which

is why it's so easy for people from Europe to come and live and work in

the UK. It's sensitive timing. Left than a month to go, coming down to

the business end of the campaign and the FrontPage reminds me of the dead

parrot or Neil Kinnock and the light bulb. Almost a record and Leave will

play it as hard as they can. Nigel Pharoah saying it's out of control

and set to get worse -- Nigel Farage. But people say that we need

them for the NHS and the service sector. A think tank stressing that

a high proportion of migrants in the UK currently have come from the EU

under a points -based system they may net get a visa. Interesting, the

guardian have the same story down the side, feel free to move away,

very much the same figures but it's interesting what the different camps

are doing. This quote from David Davies saying immigration could fall

to near zero in some years if the UK opted for Brexit. People making

quite assertive claims. He is a big Leave complainer of course. Yes, and

if you plug zero migration into all the network models we have been

having you get a very bad outcome because economic models assume that

net migration is a boost to growth. It's a question of if it is a boost

to GDP per head but it's certainly a boost to GDP. If David Davies is

right and that is the Leave campaign objective, to have zero net

migration that makes it a lot harder to say the economy will not suffer,

living standards will not suffer. Saying there will be no more

migration. I think this is mischief, David Davis, I am not his spokesman

but he clearly doesn't believe that and did think anybody in the Leave

camp once zero net migration. -- wants. Many people are saying even

if you stay, if you want access to the single market you have to accept

this open borders policy, you cannot just say we wanted anyone. There are

some saying we could have a Norwegian style access to the single

market, we need a WTO style agreement which would mean no more

contributions but they have big implications. It would be net

emigration set by the British government from year to year.

Different trade agreements come with different restrictions in terms of

the free movement of people. Leave campaigners would say we are in the

UK, the fifth biggest economy in the world, we have ?60 billion deficit

with the rest of the EU who want to sell us stuff so there would be a

negotiation. You are saying about a bit of mischief making, take us to

the times because there is a suggestion that there had been plans

for an EU army which have been somehow sidelined until after the

vote. You could argue this is mischief avoiding from David

Cameron, the last thing he would want is something like this coming

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

actually read it it's talking about European military and organisational

structures being a bit more coordinated. You could argue that

the beginnings of a European army or a bit more now to look operation

between lots of countries who share the same goals and have a lot of the

same objectives. So obviously, they have delayed it, and you can say

that's a terrible way of, an democratic way of not giving people

all the information. Just like people are complaining that Chilcot

has been delayed until after the referendum because that will make

people angry with the government. But this is a bit of a nonstory when

you read it. It's interesting because even though emigration will

stay a big theme until polling day we will quite quickly move on to

security and defence, the idea are we more secure within the EU,

because of Nato, using the five eyes, the intelligence sharing

network, this campaign has a long way to run. Strap yourselves in!

Stay with me, let's move to the Daily Telegraph, they have laid on a

different story, we will go down the side to France and the fuel strikes

and we should not be going there. Very much on the eve of a long bank

holiday story, a lot of people will be off to France. The RAC saying if

you have not invested much money in going to France perhaps you will be

better off not getting involved because there are nationwide

strikes, air traffic control, fuel hauliers, they don't have any petrol

at a great deal of stations. The RAC is warning if you go to France you

might get stranded without petrol and we can't cope. They are taking

quite a strong position. Yes. They have to look after their members.

What I find interesting is its one of the few things that we would

agree on, that France needs these reforms badly. The French labour

market is very gummed up with regulations and they need a shot in

the arm from this kind of thing. It has got the French out, the unions

out seeing you are attacking our sacred 35 hour week. Can you give us

a ten second reminder? It's essentially to give employers more

rights and more flexibility about how they run their companies about

like what the UK had before Thatcher came along. The French never had a

parallel deregulation of the labour market. To some degree it socially

accepted... So that's what it's all about. Typical French way of doing

things, you go on the street and hammer it out and maybe get some

reform. Just to stress, there are families and holidays involved, I

mentioned it, but to stress, it's not just freight hauliers and

petrol, it also air traffic control, a lot of flights have been cancelled

so before you go to the airport for the long weekend check your flight.

I like this detail tucked away saying do not attempt to take

supplies with you to France since many very operators have a five

litre limit due to the fire risk. I have hideous visions of people

stockpiling petrol cans in their books, don't do it. Let's move on to

the Metro, some powerful pictures tying in with the issue of

migration. This is one of those class of stories which gives you the

human face of these terrible, the migration story. Every so often we

get something like this which brings it home on a human scale. And

nine-month-old baby who was on one of these boats, pictures of the boat

collapsing in the Mediterranean earlier this week. She was on the

boat, her mother died, the assumption is her father has died as

well so she is an orphan and is being looked after by the

authorities in Italy. It is just one of those amazing stories where you

see the reality behind it. It's not about the numbers, it's not about

fear, it's very human and I think everyone can relate to this pull

will -- this poor girl. We talk about the fear factor we all have

around it. Then you read a story like this and it is moving. Of

course, you can do anything other than massively sympathise and be

moved by it and nor would you. The UNHCR numbers are pretty horrific

for the number of people did last summer. Thousands. It's likely to be

the same this summer. The reality is that as the weather improves

throughout June more people will do this, we will get more photographs

like this, more pictures on the news. It is hateful to say but that

will have political ramifications and implications and it just goes to

show, there is a lot of people trafficking going on and a lot of

unscrupulous people making money by preying on people's hopes and

dreams. Just time to squeeze in the Financial Times. You should have

started with this, you have two nerds here. This is Apple flirting

with Time Warner, what has been going on? There has been a big trend

of techie groups wanting to own their own content and now we have

rumours, what we have here is a stylised rumour of Apple broaching a

merger with Time Warner. Rupert Murdoch tried to buy Time Warner and

his bed was rejected. Amazon and Netflix are creating huge amounts of

their own content, Apple may be interested in buying a content

provider. This is interesting for Apple because they are one of the

biggest companies in the world but sales have been coming off a bet,

the market has slightly turned on them. It's very speculative, this

story, only a suggestion in a meeting a while ago but it's caught

the imagination simply because maybe this is the next big move. Good way

of boosting your share price! You are cynical! Thank you gentlemen,

that is all for now don't forget all the front pages can be found online.

You can see the detailed review there.