28/07/2016 The Papers

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

With me are Miranda Green from the FT and Laura Hughes,

Political Correspondent at the Telegraph.

Tomorrow's front pages...starting with...

The Telegraph says the government is thinking of calling time

on airport drinking to crack down on unruly in-flight behaviour.

The Metro leads with the news of job cuts and branch closures at Lloyds.

The Financial Times reports signs of an economic slowdown in the wake

of the vote to leave the European Union, although it says

The Mirror's front page is dedicated to long waiting times

The Guardian leads with the news that the board of energy firm EDF

The Daily Mail says some patients are being denied cataract

operations. The Guardian leads with the news

that the board of energy firm EDF That is where we will begin with the

EDF deal to build the new Hinkley Point planned in Somerset. It is

costing ?18 billion. Here is the Financial Times. EDF finally

approves nuclear plant. It looked like it would be a straightforward

story but no. It gets more and more complicated. Today, we had a

dramatic twist in the tail because the French board of EDF which is

majority owned by the French state and an enormously important company

there did approve the project even though it is controversial. They

voted to go forward with this ?18 billion investment, joint investment

with the UK Government. There are Chinese investors as well. But then

Greg Clark who is in charge of this merged business and energy

Department and is a very important minister in the new government said

we will review it. Stunned faces both here and in France where it

literally, the board members of EDF were touring television studios to

give the glad tidings, or not such glad tidings for the French, and

they had to pull out of the interviews and try and work out what

the British Government are doing. A final decision will not be made

until the autumn. One EDF member resigned. It was not an overwhelming

yes. Not a resounding victory for the board members. We know David

Cameron supported it and George Osborne went to China and came back

with the money, it was a huge success. Theresa May has not come

out and spoken in favour of it. This is a bit bizarre. People have

suggested they have tried to play down and say we did not expect them

all to agree this soon and perhaps Britain has not had much time. But

it has been years. Could it be that the government has changed their

mind? It is hard to know what is happening. Greg Clark has made warm

statements about the project and his own backing for it going ahead. As

you say, it is on all the broadsheet front pages. It would be the first

nuclear power plant to be built here for 27 years. A huge moment in our

energy policy. The stories suggest that there are a background briefing

saying it does not mean it is off. A lot of people in France are worried,

the French unions, this could cripple EDF unburden the French

economy. It is a state-owned company. Who knows what is going on

behind-the-scenes. They may want to delay it. There is the controversy

that people feel nuclear power poses although it is considered as clean,

there are all the decommissioning -- decommissioning costs. Post Brexit

vote slowdown, winners and losers according to this paste. They are

saying a general slowdown will be coming. Everyone is worried. There

are people who are doing well, people who are exporting because the

sterling has depreciated and they are enjoying business. Bizarrely

companies like dominoes have seen double-digit profits, booming food

delivery market which suggest that some necessities that people need

will do OK. Is that your daily staple? In what sense is pizza

delivery as staple? The explanation is that in times of economic trial,

what is known as discretionary spend by companies and households feels

the pinch. We carry on buying food and utilities that all the things we

need but we might not splash out and that is why you will see a head and

for companies, what the story says, very interesting, confirming what we

thought, advertising is taking a huge hit and that is for a company,

discretionary spend. Experts say and it is probably advertising experts,

say you should advertise in the bad times. They would say that, wouldn't

they? Unfortunately that message does not seem to be getting through.

One of the companies that has those huge electronic audience, they will

be cutting back because people in business are not spending the money

on advertising. Rolls-Royce are expected to gain but not according

to this article quite so much. There will be individual cases that do not

fit the pattern. They are an important exporter but they had

complicated hedges against currency movements and they did not go well.

Their figures do not look good. Pizza wins by and large. Other

companies beside the one we mentioned, Metro, bank jobs cull as

profits soar. But Brexit is being blamed for the job cuts and the

closures of the branches. It talks here about voting to leave the EU

triggering a downturn but it seems Lloyds are pre-empting it. This is

an interesting story. There will be controversy now every time there is

a negative story about the economy or business if someone mentions

Brexit because the pro-Brexit lobby will say they are crying wolf and

trying to blame their problems on Brexit and of course those who were

recommending against a vote to leave the EU will say here we go. It is

controversial on that level but the more substantial story about what is

happening to our High Street banks is interesting. They are speeding up

their decision to close branches and they point to lose a lot of jobs,

cut a lot of jobs and their profits are up, largely because they are not

having to pay out on PPI and they are healthy and making cuts. They

are now 1500 communities with no local bank branch and there is an

interesting question as to what is a retail bank for. Lots of businesses

migrating online, saying people are doing online banking, why do we need

branches? Rural areas, for older customers, it is a controversial

move. Sometimes you want to go into a branch, if it is something more

complicated to deal with and it is reassuring but if people are not

using them,... You could argue that 11 million people every year used

internet banking. If you can save money by doing that and you are

running a bank, you can understand, it is a generational thing and I

think it will gradually change. There will be elderly people,

particularly living in small villages and communities who will be

an uproar. My grandmother would not know what to do if I told her to go

online. They want cash for safety. Interest is low. That is part of the

problem and why the banks are in trouble because of low interest

rates. Shall we move onto the Guardian? No going back on open-door

refugee policy says Angela Merkel. This is probably going surprise

people given the appalling incidents of violence that we have seen in

recent times where people have made big connection rightly or wrongly

between a large influx of newcomers and thinking that Angela Merkel

might decide to do an about turn. Or even say that she felt guilty. She

said that she does not feel guilty and famous phrase, we can still

manage and do this. For a few people, who want to destroy what

Germany is about and destroyed this open arms unwelcoming forward

thinking approach, these few people that want to ruin that, she is

saying, if I give in, then they win. If everyone in Europe closes their

doors because a few individuals commit appalling acts of terror,

then they went and she is saying, this has to continue. It would look

a bit strange, but she said today they need to increase security

measures, they need to have tighter controls on the web messaging and

online sales of arms. A lot of these attacks are so sporadic, they are

hard for anyone to pick up. It is really difficult for her. She did

bring this press conference forward by one month because she knew that

she had to confront the idea that her personal decision, back in

September, to declare what amounts to an open border policy was being

blamed for these attacks and she knows that she has to account for

herself on this decision, but she is standing firm on it which I think is

quite surprising given the level of the attacks. People are not happy,

people in Germany are furious and they are thinking, you have done

this. It was a German born teenager. Like France, France has had it just

as bad, even worse perhaps, this experience of the loan will for the

alienated teenager, latching on to the idea of IAS, absolutely, how do

you control, it is hard for all countries. Daily Telegraph, last

orders for airport drinking. Well, this is going to cause ructions, a

lot of people setting off on holiday, does not apply yet, but it

is a review, how likely is it to be seen through? It is the new aviation

Minister. We do have a new government, new ministers, some of

them will have bright ideas and here is one, a bright idea to crack down

on disruptive passengers who are boozed up before they get on the

plane. Then they carry on on the plane. It is fierce the crackdown he

has suggested, he is suggesting travel bans, that people should be

made to pay for the damage they would cause. The more controversial

bit is that he wants to review the licensing and controls in airports,

that tanking up in between. You do not like a pint with your breakfast?

People will think, hold on, I have never misbehaved, why should I be

punished? There is the argument, this is the nanny state, if a man or

a woman started their holiday, it might be five in the morning, if

they want a drink, then why should they not have one? There is also the

argument that if you have small children undergoing an whole day,

the last thing you want is to be sat near a stag do you have been

drinking since four o'clock in the morning. You do not want to penalise

the well-behaved drinkers. That is --

T -- hat's it for The Papers tonight.

Don't forget all the front pages are online on the BBC News website

where you can read a detailed review of the papers.

It's all there for you - 7 days a week and you can see us

there too, with each night's edition of The Papers being posted

on the page shortly after we've finished.

Thank you to Miranda Green from the FT and Laura Hughes,

good evening. It has been a mixed day with warm weather in the South,

25 degrees or so, heavy showers as we ended the day, the show is eased

and beautiful rainbow pictures sent in by our weather watchers. This was

taken in London