01/08/2016

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

:00:18. > :00:20.With me Caroline Frost, Entertainment Editor

:00:21. > :00:22.for the Huffington Post and Tony Grew, Parliamentary

:00:23. > :00:28.The Metro says that millions of people across Britain have been

:00:29. > :00:31.'robbed' of the chance to own their own homes.

:00:32. > :00:33.Reporting that levels of home ownership have plunged

:00:34. > :00:39.Property ownership has fallen to 64.1% UK wide,

:00:40. > :00:41.from an all-time high of 71% in 2004.

:00:42. > :00:43.The Guardian leads with the same story -

:00:44. > :00:45.reporting that low-levels of home ownership, once confined

:00:46. > :00:47.to London, are now a problem in cities like Manchester,

:00:48. > :00:50.The Financial Times reports that Uber, the app-based taxi-hailing

:00:51. > :00:53.service, has ending a multi-billion dollar tussle for the Chinese market

:00:54. > :00:55.by merging its loss-making business in China with a local

:00:56. > :01:04.Beijing has warned damage had been cancelling the Hinkley point project

:01:05. > :01:13.would put Chinese investment in the UK at risk. The Daily Express says

:01:14. > :01:21.several dozen peers in the House of Lords are plotting to block Brexit.

:01:22. > :01:31.That would be interesting. We will start with the owner 's resignation

:01:32. > :01:35.list. It is interesting that David Cameron, he took office six years

:01:36. > :01:40.ago saying he would be representing a new style of politics.

:01:41. > :01:47.Now he has left office and some are suggesting he has behaved like any

:01:48. > :01:53.other leader has done over the last 50 or 60 years. What we have seen

:01:54. > :01:57.his David Cameron acquitting himself impeccably in those days immediately

:01:58. > :02:02.following Brexit. We had the speech with the catch in the throat and the

:02:03. > :02:14.resignation. We had all the jokes, the round of applause. It all seemed

:02:15. > :02:20.to be going well. He was leaving, a smiling perimeter figure that proved

:02:21. > :02:24.all political careers don't end incomplete ignominy. This team he

:02:25. > :02:29.leads a little bit of a nasty aftertaste. It is Theresa May

:02:30. > :02:35.picking up the pieces and clattering a busy week for her. She said she

:02:36. > :02:42.won't get involved. It is something she will not do. What another

:02:43. > :02:46.parting gift from David Cameron. She must be delighted. First he takes

:02:47. > :02:54.the country out of the EU and now he creates a political row. There is a

:02:55. > :02:58.stench of hypocrisy around this. We have people here from the Labour

:02:59. > :03:06.Party saying may want the resignation list to be abolished. By

:03:07. > :03:11.the way, resignation honours, Tony Blair didn't take the opportunity to

:03:12. > :03:19.have a resignation, but... That was only because of cast -- cash for

:03:20. > :03:24.questions. The House of Lords, there is a lot of reforms needed and to

:03:25. > :03:28.the honours system more generally, but for Theresa May... The other

:03:29. > :03:32.problem for Theresa May is she does have people calling for some sort of

:03:33. > :03:37.reform of the honours system and she is thinking that is not the top of

:03:38. > :03:48.my list. People do remember the lavender list.

:03:49. > :04:02.What is... Samantha Cameron's personal adviser. Stylist is a

:04:03. > :04:06.pejorative term, she has assisted her with her duties as first lady

:04:07. > :04:09.for a time. There is a culture in Whitehall and demonstrate that

:04:10. > :04:17.people are given honours for serving the country in this capacity. The

:04:18. > :04:21.suggestion that she was a special adviser on some are saying she was

:04:22. > :04:25.the stylist as well, does that not the other honours list that there

:04:26. > :04:28.are throughout the year that do recognise the schoolteacher who has

:04:29. > :04:34.worked for 40 years in the same school and so on and so forth, does

:04:35. > :04:41.this list affect those lists? Does it do mean the whole thing? It does

:04:42. > :04:45.sound as if there is a plateauing and you are right. A person who has

:04:46. > :04:54.put her curlers in is not the same as someone running a youth club. I

:04:55. > :04:57.have a friend he has an OBE for many years for all sorts of countless

:04:58. > :05:01.tasks and services to his community. I don't think less of him as a

:05:02. > :05:09.result of this. I would say not but it needs sorting out. Let's go to

:05:10. > :05:14.the Times. China raises doubts over ?100 billion investment in the UK.

:05:15. > :05:20.That decision not to rubber-stamp Hinkley Point on the part of the

:05:21. > :05:26.government, it could have long-term repercussions. This is a sign that

:05:27. > :05:29.Theresa May is leading a new government. This isn't continuity

:05:30. > :05:36.Kamin or a change of personnel, it is a new government. Theresa May

:05:37. > :05:39.repeatedly raised concerns about the national security implications of

:05:40. > :05:46.allowing China to be involved in building the infrastructure of the

:05:47. > :05:51.country. Now she is premised she is showing she is willing to take tough

:05:52. > :05:53.decisions and sate my concerns about national security still exist and

:05:54. > :05:58.for this to go ahead we will have to look at this again and decide

:05:59. > :06:02.whether we want China and EDF to go ahead with building Hinkley Point. I

:06:03. > :06:06.don't think the issue is whether it should be built whether we needed,

:06:07. > :06:11.those arguments have been hard but she has concerns about that aspect

:06:12. > :06:18.of it. What you see now is China to run the toys out of the pram and

:06:19. > :06:22.threatening the United Kingdom. China is seen as one of the

:06:23. > :06:25.countries we want to do business with. Having said that, there are

:06:26. > :06:31.other countries we could trade with. China is a big and will probably be

:06:32. > :06:41.the biggest economy, we will trade with them, but I am with chorizo, we

:06:42. > :06:51.should be cautious. -- I am with Teresa Lu. There will be people out

:06:52. > :06:57.there who will be concerned at the possibility that the Chinese will

:06:58. > :07:01.have quite a deep stake in basic infrastructure in this country. We

:07:02. > :07:07.have this background of mutual distrust between the US and China

:07:08. > :07:12.and we are meant to be keeping these relationships with the US, may in

:07:13. > :07:17.November. Certainly, this is when something comes along and you think

:07:18. > :07:20.what is more important, that investment for our security? I am

:07:21. > :07:24.seeing a brinkmanship coming off. How much does China want that

:07:25. > :07:30.investment or what are they prepared to do to get it and how much is

:07:31. > :07:36.Theresa May prepared to stick on it? Do you think Theresa May will say it

:07:37. > :07:42.now doing? There could be some sort of change in the deal. That is more

:07:43. > :07:54.likely. I would assume there will be a Dean. Plan to web company records

:07:55. > :08:02.will boost from. I can't stand by this. They are talking about

:08:03. > :08:06.companies agreeing to a plan to wipe off a whole bunch of historical data

:08:07. > :08:10.and you have all these investigations agency is saying that

:08:11. > :08:14.it's going to interfere in a whole amount of archive investigations

:08:15. > :08:21.into white-collar crime, historical things and we know that a crime 30

:08:22. > :08:24.years ago is still a crime. These people are saying the reason they

:08:25. > :08:28.are worried about it is they have a right to be forgotten and the meat

:08:29. > :08:34.that is like saying I have an embarrassing picture on Facebook

:08:35. > :08:39.that doesn't do me any favours. If serious people are wanting to form a

:08:40. > :08:43.business men they should be accountable for however long it

:08:44. > :08:46.takes and be able to extend themselves whatever happened,

:08:47. > :08:49.whether it was in a good thing they paid the price for whatever. It

:08:50. > :08:57.should come to light. I see no reason to justify this. Millions

:08:58. > :09:01.robbed of the chance to own their own home. We are no longer a nation

:09:02. > :09:08.where Englishmen enjoys their castles. This is shown that

:09:09. > :09:13.long-term trends in London, a lack of affordable housing, a lack of

:09:14. > :09:16.available housing, low house-building and an increase in

:09:17. > :09:19.the amount of houses being used in the private rental sector, all of

:09:20. > :09:25.these things combined have had an effect in London that is well

:09:26. > :09:29.reported but less so in cities like Manchester, Sheffield and Glasgow.

:09:30. > :09:34.The same thing is happening. The house of -- the price of houses has

:09:35. > :09:38.risen in towns where people could afford their own home and now they

:09:39. > :09:44.no longer can. Greater Manchester, the proportion of homeowners is down

:09:45. > :09:47.to 57.9%, a significant drop. This is a major challenge for the

:09:48. > :09:51.government. Governments have been telling us about building more

:09:52. > :09:56.houses but they haven't done it. Theresa May, one challenge for her

:09:57. > :09:59.is will there be a big boost in infrastructure investment and when

:10:00. > :10:04.we talk about infrastructure do we just mean things like HS2 or things

:10:05. > :10:13.like 10,000 or 20,000 new houses for Manchester? To be clear, this isn't

:10:14. > :10:17.about the skyrocketing prices we see in London, this is desirable

:10:18. > :10:23.properties in short supply because there aren't enough of them. It is

:10:24. > :10:28.strange hearing these stories. The drove home through West London and

:10:29. > :10:32.North London and all you see is a development centre but that isn't

:10:33. > :10:36.the case for areas further out. It fascinates me because if you go to

:10:37. > :10:40.Europe they have such a different business model where it is not so

:10:41. > :10:45.important to own, everybody rants. As we were discussing, what you have

:10:46. > :10:53.the back that up is a sustained limitation on rents. It is not open

:10:54. > :11:04.to exploitation. Lords want to stop EU exit. Is that... Is there any

:11:05. > :11:09.chance that will happen? May also report that Lord Kinnock has joined

:11:10. > :11:12.the Brexit blockers. The House of Lords is a sensible, thoughtful

:11:13. > :11:16.chamber. There may be a group of peers under the impression they can

:11:17. > :11:20.block this from happening, there is still a legal argument over whether

:11:21. > :11:24.triggering article 50 requires Parliamentary approval for whether

:11:25. > :11:28.the government can do it by itself. There will be some thoughts you are

:11:29. > :11:35.unhappy, some of the art receiving EU pensions. Now, I think the vast

:11:36. > :11:40.majority will recognise that the people have spoken and their job is

:11:41. > :11:43.to get the best deal for Britain. That doesn't mean the Lords would

:11:44. > :11:46.have a significant say in scrutinising the negotiation

:11:47. > :11:53.progress and there probably will need to be able in both houses. That

:11:54. > :11:58.is years down the track from now. The Financial Times. British Euro

:11:59. > :12:04.clap pensions set to spark bitter Brexit exchanges. We will skip over

:12:05. > :12:13.that. Forget it. We will go to the Telegraph. The Olympics begin this

:12:14. > :12:20.week. The contaminated Olympics. The back page of the Telegraph. That is

:12:21. > :12:25.something not very nice floating in the water where they will have a lot

:12:26. > :12:31.of the sailing events. We should point out that this photo was taken

:12:32. > :12:35.in June, so we all know that, historically, Olympic venues do

:12:36. > :12:40.their best work in the final ten days. It has become an Olympic sport

:12:41. > :12:46.to despair of the Olympic venue in any city. All we hear is it is a

:12:47. > :12:52.fiasco. London we had all sorts of security nightmares and then had the

:12:53. > :12:57.Triumph of the event itself. Rio is riddled with problems. They are

:12:58. > :13:04.really threatening to overshadow all the athletes and their efforts. I

:13:05. > :13:08.just wonder, given that London 2012 was so amazing on so many levels,

:13:09. > :13:18.even the weather was good for the majority of the time. Is there much

:13:19. > :13:23.enthusiasm here for these games? I remember the build-up for the 2012

:13:24. > :13:25.games. There was a sense of pessimism. They remember the

:13:26. > :13:29.expectations for the games in London. The expectation among

:13:30. > :13:32.Londoners was that the games would be terrible and it would be an

:13:33. > :13:38.encouragement. There is something about the Olympic spirit and I mean

:13:39. > :13:42.that. The spirit of the games will let these problems away and when the

:13:43. > :13:46.Olympics have been attacked by terrorists as has happened on two

:13:47. > :13:50.occasions, they have been racked by problems, the Olympic spirit has

:13:51. > :13:53.shone through from that. I am expecting to be surprised and I am

:13:54. > :13:59.looking forward to seeing real but on their show and the thing about it

:14:00. > :14:02.is but at that moment they are the focus of the world and that is the

:14:03. > :14:08.beauty of the games. Our correspondent said exactly that. The

:14:09. > :14:15.anticipation is beginning to build. We have had our excitement. Thank

:14:16. > :14:18.you for joining us here on The Papers. All the front pages are

:14:19. > :14:20.online on the BBC News website. It's all there for you, seven days

:14:21. > :14:23.a week at bbc.co.uk/papers and you can see us there too,

:14:24. > :14:25.with each night's edition of The Papers being posted

:14:26. > :14:52.on the page shortly Good morning. The gardens of

:14:53. > :14:57.southern Britain have had a good watering. As we go through today,

:14:58. > :14:59.the rain will show signs of heading northward. There will be some

:15:00. > :15:01.sunshine across