01/09/2016 The Papers


01/09/2016

No need to wait to see what's in the papers - tune in for a lively and informed conversation about the next day's headlines.


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Transcript


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

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With me are the broadcaster Dame Joan Bakewell and Liam Halligan,

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Economics Commentator at the Daily Telegraph.

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Tomorrow's front pages, starting with...

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The Metro leads with the prime minister, Theresa May,

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telling doctors they've never had it so good.

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She says the NHS is better funded than ever before.

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The Guardian says senior doctors have condemned the plan for strike

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They say patient care must be the priority.

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It says doctors are now at war over the strike plan.

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The Daily Mail says only one in three junior doctors

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The Times says military charities are exact rating PTSD effects on

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veterans to collect more money. -- exaggerating.

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following the vote to leave the European Union.

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The Financial Times says London's lead in the foreign currency trading

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business is being eroded by the rise of the Chinese renminbi, which is

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The Daily Mirror leads on a ?2 million blackmail plotter,

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who's been jailed for seven years after threatening to lace

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We will look at a few of those in the next ten minutes. Let's look at

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the front of the Metro. What I have to admire about the Prime Minister

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is how absolute she is. She has a firm smack of government. Doctors

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have never had it so good, echoing Harold Macmillan's phrase that won

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him an election. She will not stand for any nonsense, quite refreshing

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in turbulent times. I think it gets credit with the public. It reflects

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the story getting more complicated overnight because the colleges have

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come out against the junior doctors. Within the medical profession we now

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have a huge row and it appears that if you examine the statistics and

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compare them, the vote for strike action was in a turbulent meeting

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which the majority was 16-12, and people were leaking all over the

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place, saying the meeting was not unanimous and it was quite turbulent

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and the medical profession is busy saying it will not do. It is

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suggesting that Theresa May has left Jeremy Hunt in post. There was a

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doubt about that for about one hour on that day. She has told him it is

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his bike, knowing he will get the blame for what goes wrong and she

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may well get the credit for seeing it sorted out. It is an interesting

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story and I think it will not last long, there will be a resolution.

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There has to be because the first five-day strike is slated for less

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than a couple of weeks away. The BMA have pencilled in a series of

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five-day strikes which will affect an estimated 1 million appointments

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and up to 125,000 operations. There is a split not only within the

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medical profession between the senior and junior doctors but within

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the BMA itself. I would think the public would also be compromised.

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They want doctors and nurses to be properly funded but they also want a

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weekend NHS and they also don't want doctors to strike. A difficult

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political hot potato which Theresa May has taken the bull by the horns

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and said there is no way you're going to get a cigarette paper

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between me and my Health Secretary. Medicine and the health service has

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never been able to solve so many people's problems. Medical advances

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are moving ahead all the time, we hear of new cures and drugs and

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trials every week. We all benefit and we live longer and healthier.

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The health service needs more money than ever because it is able to put

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right so many things. It needs more money and at the moment the NHS is

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one of the cheapest ways of funding national health in the world. Let's

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look at The Guardian's FrontPage. It reflects what you said about the

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split between senior and junior doctors. This is big politics when

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you have the doctors themselves split not only between juniors and

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seniors but within the BMA. Talking about the NHS being value for money,

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it will if we take the cartoonist's advice on the front of The Telegraph

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where he has a wonderful picture of a patient in bed covered in leeches.

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We have started using them again. They don't make you better but at

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least they're happy to work at weekends. He is quite brilliant and

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always on the front page. Lots of financial talk on the front of The

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Financial Times. I mentioned the Chinese currency and there is a less

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positive financial story at the top of the page but up more positive one

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lower down. Interesting juxtaposition of stories. Ahead of

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the G20 in China, the top 20 countries, including many emerging

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market economies, not the G-7, which is this weekend. The FT is flagging

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a report from the bank of International settlements looking at

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London's domination of the forex. In 2013 it was 41% control but it has

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gone down sharply. New York is second with 19%. All of our laws has

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been a sharp's gain -- Asia. It is an interesting state of the world

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story and then the FT has put on the front page, surprising some people

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because it was very pro-remain macro, then use that -- the news

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that manufacturing is that a ten month high, the FTSE 100 has

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recovered, since Brexit. It is ingesting because we do not have

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Brexit yet, it is post-referendum. Post a Brexit is three years down

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the line. And counting. It was shock after the referendum and everyone

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felt it would all go immediately wrong but that is very short term.

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It didn't go instantly wrong, it isn't come to be fruitful or not in

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the end. The idea that we are post Brexit, it hasn't even begun to be

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sorted out. Future historians will judge whether it was good for the

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British economy but that reality will not stop either side trying to

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make political hay with statistics every day. The financial market

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here, the top story about the currency is that it says one factor

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depressing the trading volumes was because the investigative

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authorities in Britain were taking a series of steps to stop improper

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trading and investigations resulted in a total of $10 billion in fines,

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so that would hit. London trades on the perception that it has high

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regulatory standards that many other emerging markets sometimes it does,

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sometimes it doesn't. In the case of currency exchange, London clearly

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does have higher standards than the emerging markets. This is a big

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increase, 41% to 27% to two point. Mac -- in the 2.5 years, it is a big

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shift. The Independent, one neuron, has the forgotten Alan Kurdi. -- one

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the year on this. Your heartbreaks. Everybody responds emotionally and

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the basic feeling is it is intolerable something must be done.

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The Guardian has the front page on the story as well. One year since he

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died, will little as changed. Then it lists things that did happen.

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Change comes slowly. You don't suddenly get the world saying we

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don't like this picture, peace breaks out. Two days after his

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death, Germany agreed to admit more refugees. A humanitarian corridor

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was created in Eastern Europe. Canada promised to resettle 20 5000.

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The UK promised to accept 4000, not many but better than none. Things

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happen but responses are small and they don't make headlines as

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startling is that image. The weather this summer has been slightly better

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in the Mediterranean, so more people have died looking for a better life

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in Europe already this summer and the migration season isn't over,

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than the whole of last summer. Buy to let landlords moving in on air B

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and B. We are both aficionados. It is a successful system, replacing

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hotels if we are not careful. You can find yourself in a looks are as

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flat -- luxurious. Property owners are doing this. If you are a

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landlord with a long-term let, you think you might make more money.

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George Osborne has put a cap on buy to let. The spirit of Ali Bongo

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three -- the spirit of Airbnb was that... Thank you both.

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

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where you can read a detailed review of the papers.

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It's all there for you seven days a week at bbc.co.uk/papers,

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and you can see us there too, with each night's edition

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of The Papers being posted on the page shortly

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Thank you, Dame Joan Bakewell and Liam Halligan.

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We'll start with some breaking weather news that a hurricane has

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developed in the Gulf of Mexico and will make landfall in the north of

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