26/06/2016

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:00:00. > :00:20.And welcome to our look ahead to what the papers will be

:00:21. > :00:23.With me are Jim Waterson, who's the politics editor

:00:24. > :00:26.at BuzzFeed UK, and Rosamund Urwin, a columnist for the Evening

:00:27. > :00:36.The i says Labour leader, Jermy Corbyn, has been rocked

:00:37. > :00:39.by a walk-out of his shadow cabinet, and has a helpful column of pictures

:00:40. > :00:41.of all those members who've quit today.

:00:42. > :00:44.The Metro comments on the political chaos following the Referendum vote.

:00:45. > :00:47."The lights are on at Westminster," it says, "but nobody's home."

:00:48. > :00:49.The Express says the Prime Minister's coming under pressure

:00:50. > :00:52.to leave Downing Street early to foil what it calls a plot to stop

:00:53. > :01:07.The Guardian says Jeremy Corbyn is determined to stay as Labour

:01:08. > :01:09.leader despite his shadow cabinet disintegrating.

:01:10. > :01:11.The Telegraph also leads on the Labour mutiny,

:01:12. > :01:13.but its front page is dominated by a quote from its exclusive

:01:14. > :01:18.While the FT says Britain is facing what it calls the "stark reality"

:01:19. > :01:20.of the international consequences of its vote to leave the EU.

:01:21. > :01:23.And the Times says Jeremy Corbyn faces a leadership ultimatum.

:01:24. > :01:26.But it also has a story about George Osborne who,

:01:27. > :01:28.the paper says, is mulling over whether to back Boris Johnson

:01:29. > :01:46.That is where we will start. The Times. Jeremy Corbyn faces

:01:47. > :01:56.leadership ultimatum. Labour hit by a wave of frontbench resignations.

:01:57. > :02:03.It was like dominoes. It was hour I hour. -- by. They pause for the

:02:04. > :02:09.football to let the match run out and then as soon as the whistle

:02:10. > :02:14.went, another resignation. That shows what they were concentrating

:02:15. > :02:21.on. The most interesting one is Tom Watson. The Times says Tom Watson is

:02:22. > :02:25.ready to tell Jeremy Corbyn to quit. This is make or break if Jeremy

:02:26. > :02:29.Corbyn survives tomorrow, then the EU will survive until the next

:02:30. > :02:34.election. If he tips the balance tomorrow that might be the end of

:02:35. > :02:38.one of the most bizarre and shortest periods of any Labour leader ever.

:02:39. > :02:42.Tom Watson went to Glastonbury for the weekend after the events

:02:43. > :02:49.Thursday and Friday, which might make people raised an eyebrow, but

:02:50. > :02:56.he is back now. -- raise. He is back now. He got the train yesterday.

:02:57. > :03:00.People were trying to catch on the train on the way back. We had a

:03:01. > :03:07.reporter at the station where he had to change trains. She said, I can't

:03:08. > :03:11.see him, so we don't know how he got back from London. He got a train

:03:12. > :03:17.from Glastonbury and somehow got back to London. Grassroots support

:03:18. > :03:22.for Jeremy Corbyn is strong. He may have the backing of enough people

:03:23. > :03:28.not to leave his shadow cabinet. People are coming out tomorrow to

:03:29. > :03:36.protest his... What do we call this? The series of resignations as a

:03:37. > :03:46.series of rebellions. There is also this campaign now to make Labour MPs

:03:47. > :03:53.keep him. Art, I can't see who he is going to put in his shadow cabinet

:03:54. > :03:56.now. -- but. So many people are coming out in support of him. We

:03:57. > :04:01.have 16 MPs saying they still support him. You really do feel how

:04:02. > :04:16.on earth he can possibly take on this role. It is ludicrous. The

:04:17. > :04:21.Labour Party doesn't have a good manual for getting rid of leaders.

:04:22. > :04:29.The Tories can do it with a no-confidence vote. But with Labour,

:04:30. > :04:33.it is unclear with the process. Clearly, a substantial amount of

:04:34. > :04:37.Labour MPs want him gone, but the mechanism for doing it benefits

:04:38. > :04:42.Jeremy Corbyn. Why are they doing it now? Diane Abbott says this has been

:04:43. > :04:47.planned for ages. The referendum is just an excuse. There were

:04:48. > :04:53.mutterings of it when they knew he was going to win the leadership.

:04:54. > :04:57.Before he won. He will do it for a bit, we will get a caretaker leader,

:04:58. > :05:02.and the next election will have a fresh face. That was before he even

:05:03. > :05:13.had won it. That has always been a desire a Monday. He is so -- among

:05:14. > :05:20.them. They are going to have a complete nightmare. And he Jeremy

:05:21. > :05:26.Corbyn Labour MPs I was talking to on Monday said they will not succeed

:05:27. > :05:30.but keep going at it. -- anti. Now it seems they may actually do it.

:05:31. > :05:35.With the view of there being a General Election? They just want to

:05:36. > :05:42.get rid of him now. I don't think at that point they were hopeful. Now we

:05:43. > :05:46.are at the tipping point. John McDonnell ruled himself out this

:05:47. > :05:56.morning, of course, very the hammer early. -- vehemently. That is

:05:57. > :06:00.interesting that he has fully put his weight behind Jeremy Corbyn as

:06:01. > :06:11.someone who could do it. The Times. George Osborne looks at a deal for

:06:12. > :06:16.Prime Minister. Here is a man who was right at the front of the Remain

:06:17. > :06:21.campaign now thinking, we are told by this, to be weighing up whether

:06:22. > :06:25.he can support Boris Johnson to become the next Prime Minister. This

:06:26. > :06:31.is extraordinary to me. If politicians... If we want to have

:06:32. > :06:34.any faith in them having the set of beliefs and standing by their

:06:35. > :06:39.decisions, how can he possibly, what credibility would be seriously out,

:06:40. > :06:45.if he... If it had been eight Remain win David Cameron would still be

:06:46. > :06:50.Prime Minister, he may have brought in Boris and other leaders to put a

:06:51. > :06:59.party together. --A. He had Boris in the first place. The message we have

:07:00. > :07:04.seen today from the Gove-Boris camp is to try to unify the party by

:07:05. > :07:08.bringing in someone from the Remain side. They need someone from there.

:07:09. > :07:14.George Osborne, for him, this would seem... He is so reduced. They have

:07:15. > :07:19.the fact that the moral and he is coming out to make a statement in a

:07:20. > :07:25.bid to calm the markets. -- tomorrow morning. That is a big expectation.

:07:26. > :07:27.The most intriguing thing for me is there is no mention of the fact that

:07:28. > :07:32.George Osborne was once considered the obvious succession to David

:07:33. > :07:41.Cameron. People went around as part of the European negotiation in

:07:42. > :07:48.August, it was almost expected that he was ready to take over in a

:07:49. > :07:53.couple of years' time. Instead, he is now not even considering running.

:07:54. > :08:01.Not even being put forward. The referendum got in the way in a way.

:08:02. > :08:05.An exclusive interview with Boris Johnson. Please excuse me if you

:08:06. > :08:10.already had this. It is interesting. We must be proud and positive, build

:08:11. > :08:15.bridges, because it is clear some have feelings of dismayed and loss

:08:16. > :08:21.and confusion. This climate of apprehension is understandable given

:08:22. > :08:26.what people were told. It is based on a profound understanding of what

:08:27. > :08:28.has taken place. At home and a broad the negative consequences have been

:08:29. > :08:33.overdone and the other side is being ignored. It is not attributed to

:08:34. > :08:39.anybody. What people were told during the campaign, and we have

:08:40. > :08:44.just had a rush of admissions, not from Boris Johnson, he hasn't been

:08:45. > :08:50.around, but other Leave campaign is that... What do they say? The

:08:51. > :08:56.promises were possibilities. That is not anyone's understanding of what a

:08:57. > :09:00.promise means. For many people, clearly, who have had time to think

:09:01. > :09:04.about it, and who voted Leave, they are still happy with their decision,

:09:05. > :09:08.they have made the right choice, they don't want Britain to be part

:09:09. > :09:13.of the EU. But, Boris Johnson, if he will be the man who negotiates this,

:09:14. > :09:17.he is talking about make it is surely realistic, that we have to

:09:18. > :09:24.co-operate with the EU. We need a deal out of this. What you will find

:09:25. > :09:28.if there is no way that you can ignore many Leave people will be

:09:29. > :09:36.disappointed with not getting what they were promised. Boris Johnson

:09:37. > :09:42.wrote to The Telegraph saying, I wonder if he will become Prime

:09:43. > :09:49.Minister, he will have to take a pay cut to pay for things. If you have

:09:50. > :09:52.an exclusive with the man who has just won the most successful

:09:53. > :09:57.campaign in British political history, I would not put it like

:09:58. > :10:03.that. Inside, he says a lot about how 48% of people did not vote for

:10:04. > :10:11.this and we need to look at that. It isn't clear-cut, not a total

:10:12. > :10:16.victory. There is already a lot of sounding about compromise. That'll

:10:17. > :10:21.be interesting to see, how many of the core people in that Leave and

:10:22. > :10:25.the bout that. According to Reuters, the pound has fallen again.

:10:26. > :10:31.Investors are still at a loss about what happens again. Markets are

:10:32. > :10:40.skittish. Dimensions in the article about where the pound is. It is in

:10:41. > :10:46.that bad, he says. -- he mentions. It has had a good run up until this

:10:47. > :10:51.period. But by the time this is rather it could be worth. The Asian

:10:52. > :10:57.markets are trying to digest these columns and making bets on the

:10:58. > :11:00.pound. No one knows what comes next. The best we can go on is what the

:11:01. > :11:07.Conservative leader says will happen. He is already talking about

:11:08. > :11:12.trying to calm people down and explained. That is what people want

:11:13. > :11:16.from leaders. They don't want more hysteria. We have had so much

:11:17. > :11:24.hysteria. We have had an extraordinary divisive campaign. He

:11:25. > :11:30.has switched from being Henry V, it is all war, this is great, to being,

:11:31. > :11:34.it is all friendly again. That has happened in a few hours from

:11:35. > :11:40.Thursday to Friday. Extraordinary. How many people trust him? In

:11:41. > :11:47.London, which voted, obviously, in this, completely to Remain, he could

:11:48. > :11:51.win London. He has so much personal popularity. There are so many

:11:52. > :11:55.stories of people blindly loving him. I have been on the campaign

:11:56. > :12:00.trail with him all over the country. Iowa is done in Cornwall when he

:12:01. > :12:06.grabbed some asparagus. --I was Serbia is said, Boris Johnson, are

:12:07. > :12:10.you going to buy some asparagus, he said, right, I have my photo shoot,

:12:11. > :12:12.and then he was being quirky and passed it around and the crowd

:12:13. > :12:32.adored him. Absolutely. And we are cynical hacks, so we

:12:33. > :12:38.pursue him. He was booed, and he had some negative responses. One thing

:12:39. > :12:45.about this is that the favourites tend not to win Tory leadership

:12:46. > :12:50.elections. They almost always, you know, Iain Duncan Smith was not the

:12:51. > :12:54.favourite. It is rarely the guy who starts in the lead and David Cameron

:12:55. > :13:02.is probably not minded to help them right now. The planned to quit the

:13:03. > :13:09.UK, one in five edition business leaders suggesting they might move

:13:10. > :13:13.some business outside of the UK. We were told there would be a mass

:13:14. > :13:18.exodus. One in five seems a huge number for me. Maybe three out of

:13:19. > :13:26.five don't have any overseas operations. So they are stuck here.

:13:27. > :13:31.A lot of companies are stuck here. Bigger businesses tended to back the

:13:32. > :13:33.EU but smaller businesses were often the ones who are smaller

:13:34. > :13:42.manufacturers in the north. You often saw them backing Brexit. They

:13:43. > :13:48.didn't like the red tape. It is an industrial estate which you would

:13:49. > :13:53.see an owner come out in favour of Brexit, whereas the banks who have

:13:54. > :14:01.10,000 employees were the most strongly in favour of the EU. A name

:14:02. > :14:05.check for Yarm tonight. I haven't been there in a very long time. They

:14:06. > :14:12.might not move too much out because we don't know what the deal will be

:14:13. > :14:15.yet. It might be that they will stick around in Britain. It could be

:14:16. > :14:21.that the deal struck is favourable enough for them to do it. I am sure

:14:22. > :14:25.some will but at the same time it creates extraordinary uncertainty.

:14:26. > :14:29.And I know of banks and law firms who are talking about reducing their

:14:30. > :14:36.headcount in London. Who are talking about, obviously, beforehand, how

:14:37. > :14:40.they can possibly justify keeping their European HQ would however many

:14:41. > :14:47.workers here. I do think there is real cause for concern here. The FT,

:14:48. > :14:52.political turmoil and isolation, the UK confronting the new reality. The

:14:53. > :14:58.FT has issued some pretty stark warnings. Vary in favour of remain,

:14:59. > :15:02.reflecting its readership I am sure. In the very first entered is of this

:15:03. > :15:09.is written facing the stark reality of crumbling influence on the world

:15:10. > :15:15.stage, which is incredibly stark. Yes, it is not an up the read. There

:15:16. > :15:18.is a lot of doom and gloom in this front page and warnings about how we

:15:19. > :15:24.don't have the negotiating teams required to do these deals, how even

:15:25. > :15:28.if we do could do the negotiations, we don't have the leverage over the

:15:29. > :15:32.EU. Their story focuses on a lot of the more gritty parts of how Brexit

:15:33. > :15:37.will actually work in reality. The conclusion of their story is we

:15:38. > :15:47.don't know. And it is likely to be very complicated because a lot of

:15:48. > :15:52.legislation needs to be unpicked and replaced. There are a lot of things

:15:53. > :15:55.that I didn't think of nearly enough, Northern Ireland, Gibraltar,

:15:56. > :16:02.I heard hardly anyone mention Gibraltar. They are very firmly in

:16:03. > :16:07.favour of remaining in the EU. I was astonished they found over 800 to

:16:08. > :16:12.vote leave. And another frontier of Calais and whether it is now at

:16:13. > :16:15.Dover. I have a feeling many things were not adequately discussed and

:16:16. > :16:22.were not given the weight they should have been in this debate, and

:16:23. > :16:25.now suddenly as this article says, we are sort of... A lot of people

:16:26. > :16:28.said that they didn't feel from the newspapers and the media generally

:16:29. > :16:35.they didn't get the answers they wanted beforehand. I think one of

:16:36. > :16:38.the things in this referendum has been that people normally know who

:16:39. > :16:43.they trust and who they refer to. If you read this paper you get those

:16:44. > :16:46.that. A lot of people got very confused because the traditional

:16:47. > :16:50.boundaries of who they looked to for advice broke down and then you were

:16:51. > :16:55.left with people saying we don't know the facts. Actually what they

:16:56. > :16:58.were instead saying is I am getting bombarded with so much I can't tell

:16:59. > :17:07.them apart. And they just didn't quite know how to Brexit trust. The

:17:08. > :17:17.Daily Mail reporting on a plot to block Brexit. That's brilliant.

:17:18. > :17:24.Wouldn't any losing side B... They are saying if it was incredibly

:17:25. > :17:29.close on the other direction they would call for a second referendum.

:17:30. > :17:35.And Nigel Farage is saying this is absolutely ludicrous. And this

:17:36. > :17:38.petition which was started which has 2 million signatures, which may not

:17:39. > :17:42.all have been signed in this country, but it was actually started

:17:43. > :17:48.before the vote by a pro- leave campaigner who was worried that it

:17:49. > :17:55.would be a close result and he would want a second referendum. He says it

:17:56. > :18:02.has been hijacked after the event. At in what way is the paper arguing

:18:03. > :18:10.that the exit could be blocked? -- but in what way. They have this

:18:11. > :18:13.broad coalition of Nicola Sturgeon, some MPs and Tony Blair, who have

:18:14. > :18:18.all said separately that a rethink was needed. Now that the

:18:19. > :18:24.consequences of quitting the Brussels club are here. That is the

:18:25. > :18:29.perfect Daily Mail concoction, Tony Blair, Nicola Sturgeon, and senior

:18:30. > :18:33.MPs. In terms of the paper's editorial line that is the absolute

:18:34. > :18:38.dream people to be up against. If you have voted to leave and that is

:18:39. > :18:42.what the outcome was, however big or small the margin, you would expect

:18:43. > :18:48.that result to stand. You would expect us to be leaving the EU. Well

:18:49. > :18:52.we could technically have a general election where one party stands and

:18:53. > :18:58.says they are standing on a platform of us remaining in the EU. So that

:18:59. > :19:02.would be a new mandate either to stay... I can't imagine that that

:19:03. > :19:05.would happen. I think from all sides no one is claiming the referendum

:19:06. > :19:12.was fixed, it might have been run in very a pleasant terms, but I can't

:19:13. > :19:20.see us not exiting the EU now. But there clearly are people who think

:19:21. > :19:25.there are obstacles in the way. There could be a new election with

:19:26. > :19:32.so many runs on a pro-EU ticket. But I don't think we have enough time

:19:33. > :19:35.for that to happen either. Those who voted for leave would feel they

:19:36. > :19:41.could never trust the process again. I think there will be an enormous

:19:42. > :19:45.betrayal narrative. I think there will be a lot of people who had hope

:19:46. > :19:48.of change for the first time in a very long time who have voted for

:19:49. > :19:52.leaves and finally celebrated victory when they have been ignored

:19:53. > :19:56.for years and there is a risk that they feel that they haven't got what

:19:57. > :20:04.they wanted. And many find themselves in a worse position.

:20:05. > :20:09.Let's look at the Metro, the lights are on but nobody's home. The

:20:10. > :20:16.illuminated Palace of Westminster with a set of statements underneath.

:20:17. > :20:19.Nicola Sturgeon on the fight to stay in the EU, 3 million signing the

:20:20. > :20:26.petition you mentioned and Brussels wants us to start leaving now, well,

:20:27. > :20:30.some do and some don't. Is the one in the middle we haven't really

:20:31. > :20:34.talked about, the idea that Nicola Sturgeon talking today saying there

:20:35. > :20:39.is that push, that desire for the referendum on Scottish independence.

:20:40. > :20:45.But before we even get to that point, because of the way it

:20:46. > :20:51.devolution is... It could be blocked by Scotland saying hold on, we are

:20:52. > :20:59.tied into the EU. I can't see that happening. I just think she would be

:21:00. > :21:03.bowled over attempting that. How would she be? I think the argument

:21:04. > :21:07.is that in theory the Scottish Parliament, I am no expert in

:21:08. > :21:12.Scottish constitutional law so forgive me but I think the argument

:21:13. > :21:17.is that there is a theory that they would have to give their approval

:21:18. > :21:28.but I don't think that is enough to stop it. Scotland could avoid

:21:29. > :21:33.ratifying the leave move, but that power ultimately goes to the centre.

:21:34. > :21:37.To stop all of those wranglings, and for those people who don't want to

:21:38. > :21:41.see the breakup of the United Kingdom, somebody somewhere needs to

:21:42. > :21:46.get a move on with these negotiations, whether or not they

:21:47. > :21:52.invoke Article 50 sooner or later. The best way not to leave the EU is

:21:53. > :21:59.not to do anything. If we don't invoke Article 50 any time soon that

:22:00. > :22:02.we don't leave the EU. We need to leave the EU with decent enough

:22:03. > :22:06.terms to satisfy leave supporters and also good enough to appeal to

:22:07. > :22:11.Scotland to stay with the United Kingdom. They have all just said,

:22:12. > :22:16.the majority of them want to stay with the EU. It would be fascinating

:22:17. > :22:24.if in a hypothetical world we had a Prime Minister Boris Johnson who

:22:25. > :22:31.wear -- when he went to Germany, said he had a good deal. I can't

:22:32. > :22:37.imagine it. There is probably a British solution to it somewhere.

:22:38. > :22:40.They do think that there is a point, I have listened to a lot of my

:22:41. > :22:43.friends in Scotland and they feel that they have been tipped over by

:22:44. > :22:49.this from being very pro- remaining in the union to thinking that now if

:22:50. > :22:56.we are leaving the EU they want to go into the EU and not be part of

:22:57. > :23:00.written. We need to brush up on our constitutional law, a bit of

:23:01. > :23:07.homework for everybody -- part of Britain. Nice long papers, hope you

:23:08. > :23:09.enjoyed it. Coming up next, the weather forecast.