:00:00. > :00:14.-- that is it from us. Coming up next is The Papers. Goodbye.
:00:15. > :00:16.Hello and welcome to our look ahead to what the papers
:00:17. > :00:21.With me are Martin Lipton, Deputy Head of Sport at The Sun,
:00:22. > :00:29.and Bronwyn Curtis from the Society of Business Economists.
:00:30. > :00:31.The Metro features the Sports Direct billionaire boss.
:00:32. > :00:34.On the front page photo, Mike Ashley empties his pockets
:00:35. > :00:46.The same story is on the cover of the FT. Sports Direct boss flashes
:00:47. > :01:02.the cash, says the headline. You can read more on Theresa May's
:01:03. > :01:08.statements on state education in the Daily Telegraph. In the Times, the
:01:09. > :01:12.opening of the Rio Paralympics. The Daily Express says that house prices
:01:13. > :01:20.are to rise and the British economy is to boom post Brexit. So let's
:01:21. > :01:25.begin. Where shall we start? The Daily Telegraph has a story that is
:01:26. > :01:31.going to be controversial, and will run and run. Stop school selection
:01:32. > :01:36.by house price, says Theresa May. This is a comment she made this
:01:37. > :01:41.evening. Bronwen, did this catch your eye? It did. It would be nice
:01:42. > :01:47.to stop school selection by house prices. There is no doubt we don't
:01:48. > :01:52.want a situation where we have an elitist education. I think Mrs May
:01:53. > :01:56.is trying to democratise education. She is talking about bringing back
:01:57. > :02:03.grammar schools, which were banned by Tony Blair in 98, and having
:02:04. > :02:09.tests for all sorts of people, but more based on IQ tests, so that
:02:10. > :02:13.coaching, which is what most parents will do to get their children into
:02:14. > :02:19.these good schools, they will not be able to be coached to get in. Is it
:02:20. > :02:26.possible to democratise state education by having more grammar
:02:27. > :02:30.schools? There lies the issue. What is interesting here is that this is
:02:31. > :02:37.going to be the flagship domestic Kolisi for the next four years, it
:02:38. > :02:40.seems. With the whole Brexit debate, with what happened internally,
:02:41. > :02:45.grammar schools and their return seems to be a key thing for this
:02:46. > :02:50.government. Theresa May, in this statement to a committee of MPs,
:02:51. > :02:56.talked about the financial element of it rather than the education
:02:57. > :03:01.element. Maybe she was preaching to the converted, but the language to
:03:02. > :03:06.justify this is clearly going to evolve through the period. It is
:03:07. > :03:11.about social mobility. Mrs May has made it clear that that is something
:03:12. > :03:17.she wants to do, to try to change Britain for the better. But the
:03:18. > :03:25.counterargument is the one being voiced in the Guardian. A former
:03:26. > :03:33.Labour Cabinet minister speaking there. This isn't education
:03:34. > :03:35.selection, he says, it is social selection, and there is the
:03:36. > :03:41.dichotomy at the heart of this debate, and the issue that the
:03:42. > :03:48.government has. They have to win this argument, to get a more
:03:49. > :03:52.rounded, overwhelming support for this policy. Somewhat instinctively
:03:53. > :03:59.backed it, but others will say it is a return to the divide of grammars
:04:00. > :04:05.and secondary moderns. And secondary education for those who are not part
:04:06. > :04:13.of the elite. Schools post war were hugely part of a change for the
:04:14. > :04:18.better, and the way up out of poverty for many people into a
:04:19. > :04:23.wealthy lifestyle. The problem for many people isn't so much grammar
:04:24. > :04:28.schools. It is what else you have along with them. People do tend to
:04:29. > :04:32.think of grammar schools as being engines whereby certain children can
:04:33. > :04:39.do very well. It is what happens to the others. And one in five adults
:04:40. > :04:44.struggle to read and write, and there are 6 million illiterate
:04:45. > :04:49.people in the UK. I can see what she is trying to do. You really want a
:04:50. > :04:55.broad education for everyone. For those who are not going to make it
:04:56. > :05:03.in, what happens to them? TU detector reading these two stories
:05:04. > :05:08.-- do you detect, in these two score is, any attempt to redefine what
:05:09. > :05:13.grammar schools are? Theresa May seems to be talking about a
:05:14. > :05:19.different kind of education, inclusive and not exclusive. But the
:05:20. > :05:26.nature of a selective system is not inclusive. For those who are
:05:27. > :05:31.beneficiaries, though, this could be hugely positive. They could have a
:05:32. > :05:38.way out of a social strata that they might not have otherwise had. There
:05:39. > :05:41.are no right answers. We have had free schools, academies, the
:05:42. > :05:50.abolition of grammar schools in the 70s, and the introduction of
:05:51. > :05:54.constant change. What we do need is an education system that works. The
:05:55. > :05:59.current one does not work for many people. But persuading everyone that
:06:00. > :06:05.this is the answer is going to be a tough call. And comprehensives have
:06:06. > :06:10.an element of selection as well, because of streaming. They have too,
:06:11. > :06:15.because otherwise you are holding people back. Naturally, there will
:06:16. > :06:21.be some sort of selection. Now the Times front page, with a different
:06:22. > :06:29.story entirely, but another Theresa May announcement. She is a busy
:06:30. > :06:34.woman! MPs to leave Parliament in ?4 billion restoration plan. The first
:06:35. > :06:39.reaction is, they are going to spend ?4 billion on these MPs? Why should
:06:40. > :06:46.they do that when we need the money for other things. However, if you
:06:47. > :06:50.look into the story, you can see that the Palace of Westminster is
:06:51. > :06:56.the UNESCO Heritage site, and it is falling apart. It has water damage
:06:57. > :07:03.and asbestos - all sorts of things. So it does need to be made better.
:07:04. > :07:09.That we have to do, I think. Whether it is ?4 billion, or whether it is
:07:10. > :07:15.going to be ?8 billion, which it might be... If you get an estimate
:07:16. > :07:24.for building work, you double it! Post Brexit, you cannot even get
:07:25. > :07:29.people into do it! This will not start until 2022. And it is a
:07:30. > :07:35.six-year ill think project. Building projects don't seem to run to time.
:07:36. > :07:41.It is going to be controversial because of the expense, but it needs
:07:42. > :07:45.to be done. And the shape and look of Parliament will change. If you
:07:46. > :07:52.are having the Commons and the Department of Health building... It
:07:53. > :07:57.will not looks like Parliament as we know it. Maybe that isn't a bad
:07:58. > :08:04.thing, that we are used to the particular Guyot Grossi of
:08:05. > :08:09.Parliament. That is going to change, -- the particular geography. Why not
:08:10. > :08:13.just move to Manchester or Birmingham? Yet you could not allow
:08:14. > :08:19.Westminster to fall down. It is one of the greatest ill things, one of
:08:20. > :08:25.the jewels in England's crown. Apparently they are going to do as
:08:26. > :08:30.much of the building work from materials sourced within the UK, and
:08:31. > :08:33.they said this was something not possible before Brexit. I didn't
:08:34. > :08:39.quite understand that, but I think it is good if they do that. Now,
:08:40. > :08:47.possibly, they won't have any choice! Let's move on to the front
:08:48. > :08:53.page of the Metro, which has a picture that features on several of
:08:54. > :08:58.the front pages. The headline refers to the boss of Sports Direct. He
:08:59. > :09:04.happened to have a bit of petty cash in his pocket! Holding and folding
:09:05. > :09:10.seems to be his think! He likes to have a few bob. If you were to put a
:09:11. > :09:16.list of unpopular business leaders, Mike Ashley would probably be quite
:09:17. > :09:21.high up. I don't think he is quite the unacceptable face of capitalism,
:09:22. > :09:26.that people ask we wish about him. He's at his own warehouse in
:09:27. > :09:30.Derbyshire and had to go through a security screen, where workers are
:09:31. > :09:35.paid less than the minimum wage, and he's got all that money in his
:09:36. > :09:41.pocket. He was emptying his pockets to go through the security
:09:42. > :09:47.screening, and he pulls out ?50 notes. It looks utterly shameful.
:09:48. > :09:53.What do you think? Perhaps he doesn't care. Perhaps he just
:09:54. > :09:59.forgot, because it isn't good publicity. That's when you know...
:10:00. > :10:07.It would take one of those workers in the warehouse 139 hours, or 3.5
:10:08. > :10:12.weeks, to an that on the minimum wage, it is the worst sort of
:10:13. > :10:17.headline you can imagine. But I don't think he cares. He owns a big
:10:18. > :10:22.proportion of the company, and enough not to worry about what
:10:23. > :10:28.people think. The share price has plummeted, but he has made his
:10:29. > :10:34.money. He is a billionaire already. It just shows how little he cares
:10:35. > :10:39.about what people think. It is only going to affect his reputation. It
:10:40. > :10:43.seems like every day this week, there has been another story about
:10:44. > :10:50.Sports Direct, from the behaviour of workers inside the factories, to
:10:51. > :10:55.ending zero hours contracts, which is possibly quite a positive story,
:10:56. > :11:02.which people see as more controversy. His stewardship of
:11:03. > :11:07.Newcastle United hasn't ween a great success, but he has overridden the
:11:08. > :11:18.popular will. Another shareholder revolt today. I have the idea, I am
:11:19. > :11:25.a majority shareholder, I will do what I want. He will not listen to
:11:26. > :11:29.any views diverged into his own, and he courts controversy. In the
:11:30. > :11:37.Financial Times, a story about employment and employees. Graduates
:11:38. > :11:44.truly in love with banking are sought by match-making style tests!
:11:45. > :11:48.Behavioural analysis technique, where they can match up people who
:11:49. > :11:54.come from murder -- more diverse backgrounds than the Ivy League. So
:11:55. > :12:00.they use these techniques to match up what would be the best sort of
:12:01. > :12:06.corporate finance junior banker. This is quite subjective. Very
:12:07. > :12:12.subjective. They are using some of the tech leaks used on dating
:12:13. > :12:19.websites, but a number of different banks are doing this now, because
:12:20. > :12:24.they want to reach past the top schools to other places. Some are
:12:25. > :12:31.even doing things like what they call at Barclays contextualised
:12:32. > :12:36.screening. What that means is, when they talk to these people and do
:12:37. > :12:41.these tests, it gives the less advantaged more credit, so they will
:12:42. > :12:46.have a chance of actually getting... So the idea is to get to a bigger
:12:47. > :12:51.number of people and get them into the elite jobs in banking. I think
:12:52. > :12:58.that is good. Whether the systems work is another thing. You are
:12:59. > :13:03.trying to use objective criteria to determine a subjective choice, which
:13:04. > :13:09.is rather bizarre. We are talking about big companies, Deutsche Bank,
:13:10. > :13:15.Citigroup, Goldman Sachs... If they are all doing it, it is interesting
:13:16. > :13:20.that so many companies are looking to introduce this screening system.
:13:21. > :13:25.I'd like to see how long it lasts. In the end, it tends to be the same
:13:26. > :13:31.people who get these jobs. Very sketch to call! Thank you both very
:13:32. > :13:36.much. Don't forget that all the front pages are online on the BBC
:13:37. > :13:42.News website, where you can read a detailed review of the papers. It is
:13:43. > :13:45.their seven days a week on our website. You can see us there as
:13:46. > :14:06.well. Thank you once again. Goodbye. More of us saw the sunshine today
:14:07. > :14:07.than