26/06/2016 The Papers


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And welcome to our look ahead to what the papers will be


With me are Jim Waterson, who's the politics editor


at BuzzFeed UK, and Rosamund Urwin, a columnist for the Evening


The i says Labour leader, Jermy Corbyn, has been rocked


by a walk-out of his shadow cabinet, and has a helpful column of pictures


of all those members who've quit today.


The Metro comments on the political chaos following the Referendum vote.


"The lights are on at Westminster," it says, "but nobody's home."


The Express says the Prime Minister's coming under pressure


to leave Downing Street early to foil what it calls a plot to stop


The Guardian says Jeremy Corbyn is determined to stay as Labour


leader despite his shadow cabinet disintegrating.


The Telegraph also leads on the Labour mutiny,


but its front page is dominated by a quote from its exclusive


While the FT says Britain is facing what it calls the "stark reality"


of the international consequences of its vote to leave the EU.


And the Times says Jeremy Corbyn faces a leadership ultimatum.


But it also has a story about George Osborne who,


the paper says, is mulling over whether to back Boris Johnson


That is where we will start. The Times. Jeremy Corbyn faces


leadership ultimatum. Labour hit by a wave of frontbench resignations.


It was like dominoes. It was hour I hour. -- by. They pause for the


football to let the match run out and then as soon as the whistle


went, another resignation. That shows what they were concentrating


on. The most interesting one is Tom Watson. The Times says Tom Watson is


ready to tell Jeremy Corbyn to quit. This is make or break if Jeremy


Corbyn survives tomorrow, then the EU will survive until the next


election. If he tips the balance tomorrow that might be the end of


one of the most bizarre and shortest periods of any Labour leader ever.


Tom Watson went to Glastonbury for the weekend after the events


Thursday and Friday, which might make people raised an eyebrow, but


he is back now. -- raise. He is back now. He got the train yesterday.


People were trying to catch on the train on the way back. We had a


reporter at the station where he had to change trains. She said, I can't


see him, so we don't know how he got back from London. He got a train


from Glastonbury and somehow got back to London. Grassroots support


for Jeremy Corbyn is strong. He may have the backing of enough people


not to leave his shadow cabinet. People are coming out tomorrow to


protest his... What do we call this? The series of resignations as a


series of rebellions. There is also this campaign now to make Labour MPs


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


now. -- but. So many people are coming out in support of him. We


have 16 MPs saying they still support him. You really do feel how


on earth he can possibly take on this role. It is ludicrous. The


Labour Party doesn't have a good manual for getting rid of leaders.


The Tories can do it with a no-confidence vote. But with Labour,


it is unclear with the process. Clearly, a substantial amount of


Labour MPs want him gone, but the mechanism for doing it benefits


Jeremy Corbyn. Why are they doing it now? Diane Abbott says this has been


planned for ages. The referendum is just an excuse. There were


mutterings of it when they knew he was going to win the leadership.


Before he won. He will do it for a bit, we will get a caretaker leader,


and the next election will have a fresh face. That was before he even


had won it. That has always been a desire a Monday. He is so -- among


them. They are going to have a complete nightmare. And he Jeremy


Corbyn Labour MPs I was talking to on Monday said they will not succeed


but keep going at it. -- anti. Now it seems they may actually do it.


With the view of there being a General Election? They just want to


get rid of him now. I don't think at that point they were hopeful. Now we


are at the tipping point. John McDonnell ruled himself out this


morning, of course, very the hammer early. -- vehemently. That is


interesting that he has fully put his weight behind Jeremy Corbyn as


someone who could do it. The Times. George Osborne looks at a deal for


Prime Minister. Here is a man who was right at the front of the Remain


campaign now thinking, we are told by this, to be weighing up whether


he can support Boris Johnson to become the next Prime Minister. This


is extraordinary to me. If politicians... If we want to have


any faith in them having the set of beliefs and standing by their


decisions, how can he possibly, what credibility would be seriously out,


if he... If it had been eight Remain win David Cameron would still be


Prime Minister, he may have brought in Boris and other leaders to put a


party together. --A. He had Boris in the first place. The message we have


seen today from the Gove-Boris camp is to try to unify the party by


bringing in someone from the Remain side. They need someone from there.


George Osborne, for him, this would seem... He is so reduced. They have


the fact that the moral and he is coming out to make a statement in a


bid to calm the markets. -- tomorrow morning. That is a big expectation.


The most intriguing thing for me is there is no mention of the fact that


George Osborne was once considered the obvious succession to David


Cameron. People went around as part of the European negotiation in


August, it was almost expected that he was ready to take over in a


couple of years' time. Instead, he is now not even considering running.


Not even being put forward. The referendum got in the way in a way.


An exclusive interview with Boris Johnson. Please excuse me if you


already had this. It is interesting. We must be proud and positive, build


bridges, because it is clear some have feelings of dismayed and loss


and confusion. This climate of apprehension is understandable given


what people were told. It is based on a profound understanding of what


has taken place. At home and a broad the negative consequences have been


overdone and the other side is being ignored. It is not attributed to


anybody. What people were told during the campaign, and we have


just had a rush of admissions, not from Boris Johnson, he hasn't been


around, but other Leave campaign is that... What do they say? The


promises were possibilities. That is not anyone's understanding of what a


promise means. For many people, clearly, who have had time to think


about it, and who voted Leave, they are still happy with their decision,


they have made the right choice, they don't want Britain to be part


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


he is talking about make it is surely realistic, that we have to


co-operate with the EU. We need a deal out of this. What you will find


if there is no way that you can ignore many Leave people will be


disappointed with not getting what they were promised. Boris Johnson


wrote to The Telegraph saying, I wonder if he will become Prime


Minister, he will have to take a pay cut to pay for things. If you have


an exclusive with the man who has just won the most successful


campaign in British political history, I would not put it like


that. Inside, he says a lot about how 48% of people did not vote for


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


victory. There is already a lot of sounding about compromise. That'll


be interesting to see, how many of the core people in that Leave and


the bout that. According to Reuters, the pound has fallen again.


Investors are still at a loss about what happens again. Markets are


skittish. Dimensions in the article about where the pound is. It is in


that bad, he says. -- he mentions. It has had a good run up until this


period. But by the time this is rather it could be worth. The Asian


markets are trying to digest these columns and making bets on the


pound. No one knows what comes next. The best we can go on is what the


Conservative leader says will happen. He is already talking about


trying to calm people down and explained. That is what people want


from leaders. They don't want more hysteria. We have had so much


hysteria. We have had an extraordinary divisive campaign. He


has switched from being Henry V, it is all war, this is great, to being,


it is all friendly again. That has happened in a few hours from


Thursday to Friday. Extraordinary. How many people trust him? In


London, which voted, obviously, in this, completely to Remain, he could


win London. He has so much personal popularity. There are so many


stories of people blindly loving him. I have been on the campaign


trail with him all over the country. Iowa is done in Cornwall when he


grabbed some asparagus. --I was Serbia is said, Boris Johnson, are


you going to buy some asparagus, he said, right, I have my photo shoot,


and then he was being quirky and passed it around and the crowd


adored him. Absolutely. And we are cynical hacks, so we


pursue him. He was booed, and he had some negative responses. One thing


about this is that the favourites tend not to win Tory leadership


elections. They almost always, you know, Iain Duncan Smith was not the


favourite. It is rarely the guy who starts in the lead and David Cameron


is probably not minded to help them right now. The planned to quit the


UK, one in five edition business leaders suggesting they might move


some business outside of the UK. We were told there would be a mass


exodus. One in five seems a huge number for me. Maybe three out of


five don't have any overseas operations. So they are stuck here.


A lot of companies are stuck here. Bigger businesses tended to back the


EU but smaller businesses were often the ones who are smaller


manufacturers in the north. You often saw them backing Brexit. They


didn't like the red tape. It is an industrial estate which you would


see an owner come out in favour of Brexit, whereas the banks who have


10,000 employees were the most strongly in favour of the EU. A name


check for Yarm tonight. I haven't been there in a very long time. They


might not move too much out because we don't know what the deal will be


yet. It might be that they will stick around in Britain. It could be


that the deal struck is favourable enough for them to do it. I am sure


some will but at the same time it creates extraordinary uncertainty.


And I know of banks and law firms who are talking about reducing their


headcount in London. Who are talking about, obviously, beforehand, how


they can possibly justify keeping their European HQ would however many


workers here. I do think there is real cause for concern here. The FT,


political turmoil and isolation, the UK confronting the new reality. The


FT has issued some pretty stark warnings. Vary in favour of remain,


reflecting its readership I am sure. In the very first entered is of this


is written facing the stark reality of crumbling influence on the world


stage, which is incredibly stark. Yes, it is not an up the read. There


is a lot of doom and gloom in this front page and warnings about how we


don't have the negotiating teams required to do these deals, how even


if we do could do the negotiations, we don't have the leverage over the


EU. Their story focuses on a lot of the more gritty parts of how Brexit


will actually work in reality. The conclusion of their story is we


don't know. And it is likely to be very complicated because a lot of


legislation needs to be unpicked and replaced. There are a lot of things


that I didn't think of nearly enough, Northern Ireland, Gibraltar,


I heard hardly anyone mention Gibraltar. They are very firmly in


favour of remaining in the EU. I was astonished they found over 800 to


vote leave. And another frontier of Calais and whether it is now at


Dover. I have a feeling many things were not adequately discussed and


were not given the weight they should have been in this debate, and


now suddenly as this article says, we are sort of... A lot of people


said that they didn't feel from the newspapers and the media generally


they didn't get the answers they wanted beforehand. I think one of


the things in this referendum has been that people normally know who


they trust and who they refer to. If you read this paper you get those


that. A lot of people got very confused because the traditional


boundaries of who they looked to for advice broke down and then you were


left with people saying we don't know the facts. Actually what they


were instead saying is I am getting bombarded with so much I can't tell


them apart. And they just didn't quite know how to Brexit trust. The


Daily Mail reporting on a plot to block Brexit. That's brilliant.


Wouldn't any losing side B... They are saying if it was incredibly


close on the other direction they would call for a second referendum.


And Nigel Farage is saying this is absolutely ludicrous. And this


petition which was started which has 2 million signatures, which may not


all have been signed in this country, but it was actually started


before the vote by a pro- leave campaigner who was worried that it


would be a close result and he would want a second referendum. He says it


has been hijacked after the event. At in what way is the paper arguing


that the exit could be blocked? -- but in what way. They have this


broad coalition of Nicola Sturgeon, some MPs and Tony Blair, who have


all said separately that a rethink was needed. Now that the


consequences of quitting the Brussels club are here. That is the


perfect Daily Mail concoction, Tony Blair, Nicola Sturgeon, and senior


MPs. In terms of the paper's editorial line that is the absolute


dream people to be up against. If you have voted to leave and that is


what the outcome was, however big or small the margin, you would expect


that result to stand. You would expect us to be leaving the EU. Well


we could technically have a general election where one party stands and


says they are standing on a platform of us remaining in the EU. So that


would be a new mandate either to stay... I can't imagine that that


would happen. I think from all sides no one is claiming the referendum


was fixed, it might have been run in very a pleasant terms, but I can't


see us not exiting the EU now. But there clearly are people who think


there are obstacles in the way. There could be a new election with


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


for that to happen either. Those who voted for leave would feel they


could never trust the process again. I think there will be an enormous


betrayal narrative. I think there will be a lot of people who had hope


of change for the first time in a very long time who have voted for


leaves and finally celebrated victory when they have been ignored


for years and there is a risk that they feel that they haven't got what


they wanted. And many find themselves in a worse position.


Let's look at the Metro, the lights are on but nobody's home. The


illuminated Palace of Westminster with a set of statements underneath.


Nicola Sturgeon on the fight to stay in the EU, 3 million signing the


petition you mentioned and Brussels wants us to start leaving now, well,


some do and some don't. Is the one in the middle we haven't really


talked about, the idea that Nicola Sturgeon talking today saying there


is that push, that desire for the referendum on Scottish independence.


But before we even get to that point, because of the way it


devolution is... It could be blocked by Scotland saying hold on, we are


tied into the EU. I can't see that happening. I just think she would be


bowled over attempting that. How would she be? I think the argument


is that in theory the Scottish Parliament, I am no expert in


Scottish constitutional law so forgive me but I think the argument


is that there is a theory that they would have to give their approval


but I don't think that is enough to stop it. Scotland could avoid


ratifying the leave move, but that power ultimately goes to the centre.


To stop all of those wranglings, and for those people who don't want to


see the breakup of the United Kingdom, somebody somewhere needs to


get a move on with these negotiations, whether or not they


invoke Article 50 sooner or later. The best way not to leave the EU is


not to do anything. If we don't invoke Article 50 any time soon that


we don't leave the EU. We need to leave the EU with decent enough


terms to satisfy leave supporters and also good enough to appeal to


Scotland to stay with the United Kingdom. They have all just said,


the majority of them want to stay with the EU. It would be fascinating


if in a hypothetical world we had a Prime Minister Boris Johnson who


wear -- when he went to Germany, said he had a good deal. I can't


imagine it. There is probably a British solution to it somewhere.


They do think that there is a point, I have listened to a lot of my


friends in Scotland and they feel that they have been tipped over by


this from being very pro- remaining in the union to thinking that now if


we are leaving the EU they want to go into the EU and not be part of


written. We need to brush up on our constitutional law, a bit of


homework for everybody -- part of Britain. Nice long papers, hope you


enjoyed it. Coming up next, the weather forecast.


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