:00:14. > :00:16.Hello and welcome to our look ahead to what the papers will be
:00:17. > :00:20.With me are Lucy Fisher, Senior Political Correspondent
:00:21. > :00:37.at The Times and Reuters Correspondent Tom Bergin.
:00:38. > :00:40.Welcome. We get on to something other than politics later.
:00:41. > :00:45.Theresa May advancing for the top job at Number ten is lead
:00:46. > :00:48.The i says top tories are rushing to pledge their support
:00:49. > :00:51.May-mentum - is the Daily Mail's headline.
:00:52. > :00:54.It says that eight cabinet ministers have come out in support for her.
:00:55. > :00:56.And the Telegraph says the Brexit-eer Andrea Leadsom
:00:57. > :00:58.currently poses the biggest threat to Theresa May.
:00:59. > :01:00.Elsewhere in the Tory leadership battle, the Guardian says
:01:01. > :01:02.Michael Gove is losing ground in the race.
:01:03. > :01:05.It also shows an image of a soldier taking part in those commemorations
:01:06. > :01:07.for the centenary of the Battle of the Somme.
:01:08. > :01:11.The Times has a similar front page - it says Michael Gove is struggling
:01:12. > :01:14.The Mirror pokes fun at Michael Gove's campaign,
:01:15. > :01:16.as well as also celebrating Wales' historic victory over Belgium this
:01:17. > :01:20.And the FT reports on George Osborne's decision to abandon plans
:01:21. > :01:35.Before we get onto the leadership contest. The front page of the
:01:36. > :01:39.Times, the main picture story. Never forgotten is the caption. 100th
:01:40. > :01:48.anniversary of the start of the Battle of the Somme. The ceremony in
:01:49. > :01:54.northern France. People paying their respects in the military Sema
:01:55. > :02:03.-- military Cemetery. A number of events taking place. The sheer
:02:04. > :02:08.number of the casualties, mind blowing. 20,000 people killed on
:02:09. > :02:14.Monday, impossible to get your head around that. Two-day summit
:02:15. > :02:19.haunting, very moving tributes. For me, amazing footage of children
:02:20. > :02:24.throwing poppy petals into the crater. Children symbolising hope,
:02:25. > :02:32.the future. Recalling the fact that some of these young men were as
:02:33. > :02:36.young as 16. Very moving. 100 years, this will be an immensely important
:02:37. > :02:43.event. We may never see anything like this kind of commemoration. For
:02:44. > :02:50.a certain generation, it may not have the same resonance it does for
:02:51. > :02:56.previous generations. My grandfather fought in the First World War, as in
:02:57. > :03:00.the previous report, not always remembered in the Republic of
:03:01. > :03:05.Ireland. Nice to see the sacrifices are still remembered. One hopes it
:03:06. > :03:13.will continue to be the case. As time goes on, other events come to
:03:14. > :03:17.the mind of people. Theresa May in the Daily Mail, backed by 88 MPs.
:03:18. > :03:23.Some of these figures may not be accurate. Seven Cabinet ministers,
:03:24. > :03:24.we have been told it is eight. Michael Gove struggling for support,
:03:25. > :03:45.Andrea Leadsom go past him. Everybody seems
:03:46. > :03:49.to be going with the same story. With the stories to date, we were
:03:50. > :03:53.talking about it. Seems like it is very preoccupied with the soap opera
:03:54. > :03:58.of Westminster, the backstabbing. Everybody seems to be shocked people
:03:59. > :04:03.backstab each other in politics, I don't know. I am surprised people
:04:04. > :04:07.are surprised. Not a lot of conversation about what difference
:04:08. > :04:11.it would make if one or the other got elected. Nobody seems to discuss
:04:12. > :04:16.what one would do differently in the context of the biggest issue. Which
:04:17. > :04:30.is leaving the youth. How they would seek to do that. -- leaving for EU.
:04:31. > :04:37.How much of a surprise will it be the Andrea Leadsom has got so much
:04:38. > :04:42.backing? Very surprising, before the EU referendum that she could be
:04:43. > :04:47.edging in front Michael Gove. He is tainted, the man left holding the
:04:48. > :04:54.knife, after assassinating Boris. People do not want to get finding.
:04:55. > :05:00.Andrea Leadsom was the break-out star of the Brexit campaign. She did
:05:01. > :05:07.well. In those TV debates. She seems confident. The claims made by the
:05:08. > :05:12.Leave campaign, many have backtracked. Why would it not affect
:05:13. > :05:18.her chances? If it has been damaging for Michael Gove and Boris Johnson.
:05:19. > :05:25.Because she was more in the background. Boris spending time on
:05:26. > :05:30.the bus where this contentious claim that 350 million pounds a week
:05:31. > :05:34.Brussels. Leadsom was not asked those questions, she defended Boris
:05:35. > :05:42.she seemed confident in the TV debates. Not as associated in the
:05:43. > :05:48.public's mind. Let's look at the marvellous hat Theresa May is
:05:49. > :05:52.wearing at the Henley Regatta. Top Tories uniting around the Home
:05:53. > :06:00.Secretary. Tell us a little bit about
:06:01. > :06:10.the leadership contest. We have five candidates. Stephen Crabb, Liam Fox,
:06:11. > :06:16.Andrea Leadsom, Michael Gove and Theresa May. Only Tory MPs can vote.
:06:17. > :06:22.The person with the least number of votes goes out. Two further rounds.
:06:23. > :06:29.After that the final two candidates go to the Tory party membership,
:06:30. > :06:35.about 150,000 people. It is interesting, as Theresa May heads
:06:36. > :06:39.for 100 Tory MPs back there, this could almost be a coronation. The
:06:40. > :06:45.Conservative Party so preoccupied with power. If people think it is a
:06:46. > :06:50.foregone conclusion, nobody will back another candidate on principle
:06:51. > :06:54.if they have not come out. She was not very visible, part of the Remain
:06:55. > :07:00.campaign. Some people are saying, we're heading out of the EU, we
:07:01. > :07:05.should have someone on the Leave side. That is Michael Gove's point,
:07:06. > :07:10.only someone campaigning to leave should be the person. If you are
:07:11. > :07:15.looking at this from the business community, international markets,
:07:16. > :07:20.people are looking for what type of approach will the winner take? The
:07:21. > :07:26.view around Michael Gove, he would have pretty strong red lines, happy
:07:27. > :07:31.to leave, would not do a deal on the free movement of labour. With
:07:32. > :07:36.respect to him, excepting regulation, he would happily walk
:07:37. > :07:40.away. People may think Theresa May may take a more pragmatic approach.
:07:41. > :07:45.We don't know anything about any of them. They cannot make promises
:07:46. > :08:04.about the negotiations until EU use says, we will talk to. -- de EU
:08:05. > :08:08.says. We went into the vote, with nobody asked what would happen in
:08:09. > :08:13.the next day. Would you trigger article 50, then negotiate? It will
:08:14. > :08:22.be interesting to see, what actually happens, in terms of the candidate,
:08:23. > :08:28.who will make compromises? The basic decisions, very far apart, will you
:08:29. > :08:34.accept regulations? The outcome is somewhat binary. Unless there is a
:08:35. > :08:39.massive compromises? I think what he say is right. Of course the Brexit
:08:40. > :08:44.negotiations are a key part of the next number of years. Probably about
:08:45. > :08:51.a decade or so. Very interested to see Michael Gove's launch speech, he
:08:52. > :08:56.cast himself as a radical reformer. Let's build on the green belt,
:08:57. > :09:04.reform capitalism, Tarrabt evolution, make a radical proposal.
:09:05. > :09:10.-- tear up devolution. Theresa May is the continuity candidate. A
:09:11. > :09:13.distinctive choice emerging. Interesting to see what Andrea
:09:14. > :09:19.Leadsom does. She has not come out of the woodwork. Difficult to find
:09:20. > :09:23.an issue that has more significance than the relationship with the EU. A
:09:24. > :09:28.lot of changes in the centre position of government. People seem
:09:29. > :09:32.to be in the political periphery getting elected, doing things
:09:33. > :09:40.different. You have to make a choice on this issue. Very rare case, where
:09:41. > :09:47.it will make a difference. Let's look at George Osborne, what he
:09:48. > :09:51.announced today. The 2020 fiscal targets, pretty central target and
:09:52. > :09:57.principal of his. We would be back in the black in five, four years'
:09:58. > :10:01.time. Michael Gove has said this is fine, although he said they will not
:10:02. > :10:07.be an economic impact. Clearly this is one. There has been an economic
:10:08. > :10:12.impact. You can look at the markets, take them seriously or not. In one
:10:13. > :10:17.sense, not the most important thing, even if you think they are
:10:18. > :10:22.important, what is is investment and jobs, how people feel their wages.
:10:23. > :10:27.Clearly there is concern. The first move of the Bank of England, saying
:10:28. > :10:30.we will make monetary stimulus, injecting cash into the system. The
:10:31. > :10:37.government has said we will not take cash out of the system, with fiscal
:10:38. > :10:41.stimulus. The government is concerned, all sides are agreeing,
:10:42. > :10:50.that would suggest they are all concerned. The idea is to throw as
:10:51. > :10:56.much of the economy -- as much at the economy. Surely that just pushes
:10:57. > :11:01.the pain further away? We are used to this target being pushed back. In
:11:02. > :11:08.2010, the original target was 2015, by 2011, 2017, now shelved
:11:09. > :11:14.altogether. Quite interesting counterintuitive commentary coming
:11:15. > :11:19.out. The idea that having economic rules, it is for the graveyard,
:11:20. > :11:25.anachronistic. You look at Golden brown's golden rule, the EU
:11:26. > :11:29.stability pact. John Major's experiment with the exchange rate
:11:30. > :11:35.mechanism. They always fall apart. Perhaps abandoning the surplus
:11:36. > :11:41.altogether, you tell me? You can only borrow for so long. It is a
:11:42. > :11:46.basic principle. The last time we decided the basic principle of
:11:47. > :11:51.economics did not apply we have the crash. We cannot borrow forever. If
:11:52. > :11:56.you are borrowing and investing, that can create growth. If you are
:11:57. > :12:00.taking money out of the country not investing, that can contribute to
:12:01. > :12:06.recession. There seems to be a unanimous feeling, not the time for
:12:07. > :12:12.austerity. Interest rates may be cut again. Historically low for such a
:12:13. > :12:18.long time. What do they do about taxation? Likely to stay the same,
:12:19. > :12:23.anybody daring to raise taxes? Unlikely anyone would dare to. A
:12:24. > :12:28.very precarious time for the new Conservative leader and Prime
:12:29. > :12:32.Minister. Theresa May has a very suggested to assure the markets, and
:12:33. > :12:39.the rest of the global community, she's not planning to call a general
:12:40. > :12:43.election immediately. Unlikely anyone in the new job in number ten
:12:44. > :12:50.will want to rock the boat by hiking taxes. Anymore than it rocking.
:12:51. > :12:56.Daily Mirror. Yes! Wales 3-1 Belgium. Extraordinary achievement
:12:57. > :13:02.by the Welsh side. Never gone further in a major competition. So
:13:03. > :13:08.many people, as the only home nation left, willing them to do well.
:13:09. > :13:13.Absolutely, I had a text from my boss, saying seven years growing up
:13:14. > :13:18.in Swansea as a boy, part of his Welsh heritage. I am not a great
:13:19. > :13:24.sports fan, that he cannot get excited by the story of an underdog,
:13:25. > :13:27.smaller nation. Like Leicester, I feel I could get interested in
:13:28. > :13:33.football after seeing this. You need to pick a team on the margins, that
:13:34. > :13:39.could do well. Many to choose from. A great story. I am not a major
:13:40. > :13:46.sports fan, these kind of stories grab my interest. 3-1, decisive
:13:47. > :13:53.victory, not stolen. The last goal out of the textbook. Not all down to
:13:54. > :13:58.Gareth Bale. They last got to the quarterfinals in 1958, the World Cup
:13:59. > :14:03.played in Sweden, knocked out by Brazil, helped by Pele. There you
:14:04. > :14:10.go. All that came from Robert Allen, producing. That is it, Lucy and Tom,
:14:11. > :14:16.thank you very much. All of the papers I run our website. To run
:14:17. > :14:20.through them again, senior Tories rushing to pledge their support to
:14:21. > :14:24.Theresa May in the Conservative leadership contest. Telegraaf
:14:25. > :14:29.newspaper saying Andrea Leadsom posing a big threat to the Home
:14:30. > :14:35.Secretary. The Daily Mirror pokes fun at Michael Gove's campaign as
:14:36. > :14:39.well as Wales' historic victory against Belgium this evening. You
:14:40. > :14:45.can find the front pages online, there is a recording of this review.
:14:46. > :14:51.Seven days a week on the BBC website. Coming up next, time for
:14:52. > :14:55.the weather.