28/07/2016

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:00:15. > :00:17.Hello and welcome to our look ahead to what the the papers will be

:00:18. > :00:21.With me are Miranda Green from the FT and Laura Hughes,

:00:22. > :00:22.Political Correspondent at the Telegraph.

:00:23. > :00:27.Tomorrow's front pages...starting with...

:00:28. > :00:30.The Telegraph says the government is thinking of calling time

:00:31. > :00:34.on airport drinking to crack down on unruly in-flight behaviour.

:00:35. > :00:37.The Metro leads with the news of job cuts and branch closures at Lloyds.

:00:38. > :00:40.The Financial Times reports signs of an economic slowdown in the wake

:00:41. > :00:43.of the vote to leave the European Union, although it says

:00:44. > :00:50.The Mirror's front page is dedicated to long waiting times

:00:51. > :01:02.The Guardian leads with the news that the board of energy firm EDF

:01:03. > :01:07.The Daily Mail says some patients are being denied cataract

:01:08. > :01:10.operations. The Guardian leads with the news

:01:11. > :01:29.that the board of energy firm EDF That is where we will begin with the

:01:30. > :01:36.EDF deal to build the new Hinkley Point planned in Somerset. It is

:01:37. > :01:44.costing ?18 billion. Here is the Financial Times. EDF finally

:01:45. > :01:51.approves nuclear plant. It looked like it would be a straightforward

:01:52. > :01:58.story but no. It gets more and more complicated. Today, we had a

:01:59. > :02:03.dramatic twist in the tail because the French board of EDF which is

:02:04. > :02:07.majority owned by the French state and an enormously important company

:02:08. > :02:12.there did approve the project even though it is controversial. They

:02:13. > :02:17.voted to go forward with this ?18 billion investment, joint investment

:02:18. > :02:24.with the UK Government. There are Chinese investors as well. But then

:02:25. > :02:28.Greg Clark who is in charge of this merged business and energy

:02:29. > :02:34.Department and is a very important minister in the new government said

:02:35. > :02:41.we will review it. Stunned faces both here and in France where it

:02:42. > :02:46.literally, the board members of EDF were touring television studios to

:02:47. > :02:49.give the glad tidings, or not such glad tidings for the French, and

:02:50. > :02:53.they had to pull out of the interviews and try and work out what

:02:54. > :02:59.the British Government are doing. A final decision will not be made

:03:00. > :03:06.until the autumn. One EDF member resigned. It was not an overwhelming

:03:07. > :03:10.yes. Not a resounding victory for the board members. We know David

:03:11. > :03:15.Cameron supported it and George Osborne went to China and came back

:03:16. > :03:21.with the money, it was a huge success. Theresa May has not come

:03:22. > :03:27.out and spoken in favour of it. This is a bit bizarre. People have

:03:28. > :03:32.suggested they have tried to play down and say we did not expect them

:03:33. > :03:36.all to agree this soon and perhaps Britain has not had much time. But

:03:37. > :03:41.it has been years. Could it be that the government has changed their

:03:42. > :03:46.mind? It is hard to know what is happening. Greg Clark has made warm

:03:47. > :03:52.statements about the project and his own backing for it going ahead. As

:03:53. > :03:58.you say, it is on all the broadsheet front pages. It would be the first

:03:59. > :04:04.nuclear power plant to be built here for 27 years. A huge moment in our

:04:05. > :04:11.energy policy. The stories suggest that there are a background briefing

:04:12. > :04:16.saying it does not mean it is off. A lot of people in France are worried,

:04:17. > :04:20.the French unions, this could cripple EDF unburden the French

:04:21. > :04:26.economy. It is a state-owned company. Who knows what is going on

:04:27. > :04:31.behind-the-scenes. They may want to delay it. There is the controversy

:04:32. > :04:37.that people feel nuclear power poses although it is considered as clean,

:04:38. > :04:45.there are all the decommissioning -- decommissioning costs. Post Brexit

:04:46. > :04:52.vote slowdown, winners and losers according to this paste. They are

:04:53. > :04:56.saying a general slowdown will be coming. Everyone is worried. There

:04:57. > :05:01.are people who are doing well, people who are exporting because the

:05:02. > :05:08.sterling has depreciated and they are enjoying business. Bizarrely

:05:09. > :05:11.companies like dominoes have seen double-digit profits, booming food

:05:12. > :05:17.delivery market which suggest that some necessities that people need

:05:18. > :05:27.will do OK. Is that your daily staple? In what sense is pizza

:05:28. > :05:32.delivery as staple? The explanation is that in times of economic trial,

:05:33. > :05:38.what is known as discretionary spend by companies and households feels

:05:39. > :05:43.the pinch. We carry on buying food and utilities that all the things we

:05:44. > :05:48.need but we might not splash out and that is why you will see a head and

:05:49. > :05:54.for companies, what the story says, very interesting, confirming what we

:05:55. > :06:02.thought, advertising is taking a huge hit and that is for a company,

:06:03. > :06:07.discretionary spend. Experts say and it is probably advertising experts,

:06:08. > :06:13.say you should advertise in the bad times. They would say that, wouldn't

:06:14. > :06:20.they? Unfortunately that message does not seem to be getting through.

:06:21. > :06:24.One of the companies that has those huge electronic audience, they will

:06:25. > :06:29.be cutting back because people in business are not spending the money

:06:30. > :06:36.on advertising. Rolls-Royce are expected to gain but not according

:06:37. > :06:40.to this article quite so much. There will be individual cases that do not

:06:41. > :06:44.fit the pattern. They are an important exporter but they had

:06:45. > :06:50.complicated hedges against currency movements and they did not go well.

:06:51. > :06:54.Their figures do not look good. Pizza wins by and large. Other

:06:55. > :07:03.companies beside the one we mentioned, Metro, bank jobs cull as

:07:04. > :07:09.profits soar. But Brexit is being blamed for the job cuts and the

:07:10. > :07:14.closures of the branches. It talks here about voting to leave the EU

:07:15. > :07:21.triggering a downturn but it seems Lloyds are pre-empting it. This is

:07:22. > :07:25.an interesting story. There will be controversy now every time there is

:07:26. > :07:29.a negative story about the economy or business if someone mentions

:07:30. > :07:35.Brexit because the pro-Brexit lobby will say they are crying wolf and

:07:36. > :07:38.trying to blame their problems on Brexit and of course those who were

:07:39. > :07:44.recommending against a vote to leave the EU will say here we go. It is

:07:45. > :07:47.controversial on that level but the more substantial story about what is

:07:48. > :07:52.happening to our High Street banks is interesting. They are speeding up

:07:53. > :07:58.their decision to close branches and they point to lose a lot of jobs,

:07:59. > :08:08.cut a lot of jobs and their profits are up, largely because they are not

:08:09. > :08:11.having to pay out on PPI and they are healthy and making cuts. They

:08:12. > :08:14.are now 1500 communities with no local bank branch and there is an

:08:15. > :08:18.interesting question as to what is a retail bank for. Lots of businesses

:08:19. > :08:24.migrating online, saying people are doing online banking, why do we need

:08:25. > :08:33.branches? Rural areas, for older customers, it is a controversial

:08:34. > :08:37.move. Sometimes you want to go into a branch, if it is something more

:08:38. > :08:40.complicated to deal with and it is reassuring but if people are not

:08:41. > :08:43.using them,... You could argue that 11 million people every year used

:08:44. > :08:50.internet banking. If you can save money by doing that and you are

:08:51. > :08:53.running a bank, you can understand, it is a generational thing and I

:08:54. > :08:57.think it will gradually change. There will be elderly people,

:08:58. > :09:00.particularly living in small villages and communities who will be

:09:01. > :09:11.an uproar. My grandmother would not know what to do if I told her to go

:09:12. > :09:15.online. They want cash for safety. Interest is low. That is part of the

:09:16. > :09:20.problem and why the banks are in trouble because of low interest

:09:21. > :09:25.rates. Shall we move onto the Guardian? No going back on open-door

:09:26. > :09:30.refugee policy says Angela Merkel. This is probably going surprise

:09:31. > :09:34.people given the appalling incidents of violence that we have seen in

:09:35. > :09:39.recent times where people have made big connection rightly or wrongly

:09:40. > :09:45.between a large influx of newcomers and thinking that Angela Merkel

:09:46. > :09:51.might decide to do an about turn. Or even say that she felt guilty. She

:09:52. > :09:56.said that she does not feel guilty and famous phrase, we can still

:09:57. > :10:03.manage and do this. For a few people, who want to destroy what

:10:04. > :10:08.Germany is about and destroyed this open arms unwelcoming forward

:10:09. > :10:14.thinking approach, these few people that want to ruin that, she is

:10:15. > :10:17.saying, if I give in, then they win. If everyone in Europe closes their

:10:18. > :10:23.doors because a few individuals commit appalling acts of terror,

:10:24. > :10:27.then they went and she is saying, this has to continue. It would look

:10:28. > :10:32.a bit strange, but she said today they need to increase security

:10:33. > :10:37.measures, they need to have tighter controls on the web messaging and

:10:38. > :10:42.online sales of arms. A lot of these attacks are so sporadic, they are

:10:43. > :10:49.hard for anyone to pick up. It is really difficult for her. She did

:10:50. > :10:52.bring this press conference forward by one month because she knew that

:10:53. > :10:59.she had to confront the idea that her personal decision, back in

:11:00. > :11:03.September, to declare what amounts to an open border policy was being

:11:04. > :11:08.blamed for these attacks and she knows that she has to account for

:11:09. > :11:12.herself on this decision, but she is standing firm on it which I think is

:11:13. > :11:19.quite surprising given the level of the attacks. People are not happy,

:11:20. > :11:27.people in Germany are furious and they are thinking, you have done

:11:28. > :11:33.this. It was a German born teenager. Like France, France has had it just

:11:34. > :11:37.as bad, even worse perhaps, this experience of the loan will for the

:11:38. > :11:46.alienated teenager, latching on to the idea of IAS, absolutely, how do

:11:47. > :11:52.you control, it is hard for all countries. Daily Telegraph, last

:11:53. > :11:58.orders for airport drinking. Well, this is going to cause ructions, a

:11:59. > :12:02.lot of people setting off on holiday, does not apply yet, but it

:12:03. > :12:10.is a review, how likely is it to be seen through? It is the new aviation

:12:11. > :12:13.Minister. We do have a new government, new ministers, some of

:12:14. > :12:18.them will have bright ideas and here is one, a bright idea to crack down

:12:19. > :12:23.on disruptive passengers who are boozed up before they get on the

:12:24. > :12:26.plane. Then they carry on on the plane. It is fierce the crackdown he

:12:27. > :12:32.has suggested, he is suggesting travel bans, that people should be

:12:33. > :12:38.made to pay for the damage they would cause. The more controversial

:12:39. > :12:46.bit is that he wants to review the licensing and controls in airports,

:12:47. > :12:53.that tanking up in between. You do not like a pint with your breakfast?

:12:54. > :12:57.People will think, hold on, I have never misbehaved, why should I be

:12:58. > :13:02.punished? There is the argument, this is the nanny state, if a man or

:13:03. > :13:06.a woman started their holiday, it might be five in the morning, if

:13:07. > :13:11.they want a drink, then why should they not have one? There is also the

:13:12. > :13:15.argument that if you have small children undergoing an whole day,

:13:16. > :13:19.the last thing you want is to be sat near a stag do you have been

:13:20. > :13:27.drinking since four o'clock in the morning. You do not want to penalise

:13:28. > :13:28.the well-behaved drinkers. That is --

:13:29. > :13:30.T -- hat's it for The Papers tonight.

:13:31. > :13:33.Don't forget all the front pages are online on the BBC News website

:13:34. > :13:35.where you can read a detailed review of the papers.

:13:36. > :13:39.It's all there for you - 7 days a week and you can see us

:13:40. > :13:41.there too, with each night's edition of The Papers being posted

:13:42. > :13:43.on the page shortly after we've finished.

:13:44. > :13:46.Thank you to Miranda Green from the FT and Laura Hughes,

:13:47. > :14:07.good evening. It has been a mixed day with warm weather in the South,

:14:08. > :14:11.25 degrees or so, heavy showers as we ended the day, the show is eased

:14:12. > :14:15.and beautiful rainbow pictures sent in by our weather watchers. This was

:14:16. > :14:16.taken in London