01/09/2016 The Papers


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


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


Economics Commentator at the Daily Telegraph.


Tomorrow's front pages, starting with...


The Metro leads with the prime minister, Theresa May,


telling doctors they've never had it so good.


She says the NHS is better funded than ever before.


The Guardian says senior doctors have condemned the plan for strike


They say patient care must be the priority.


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


The Daily Mail says only one in three junior doctors


The Times says military charities are exact rating PTSD effects on


veterans to collect more money. -- exaggerating.


following the vote to leave the European Union.


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


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


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


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


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


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


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


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


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


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


the story getting more complicated overnight because the colleges have


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


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


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


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


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


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


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


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


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


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


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


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


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


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


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


medical profession between the senior and junior doctors but within


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


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


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


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


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


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


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


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


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


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


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


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


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


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


you have the doctors themselves split not only between juniors and


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


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


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


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


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


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


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


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


lower down. Interesting juxtaposition of stories. Ahead of


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


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


a report from the bank of International settlements looking at


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


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


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


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


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


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


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


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


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


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


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


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


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


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


make political hay with statistics every day. The financial market


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


depressing the trading volumes was because the investigative


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


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


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


regulatory standards that many other emerging markets sometimes it does,


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


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


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


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


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


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


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


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


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


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


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


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


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


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


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


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


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


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


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


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


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


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


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


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


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 seven days a week at bbc.co.uk/papers,


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


of The Papers being posted on the page shortly


Thank you, Dame Joan Bakewell and Liam Halligan.


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


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


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