15/09/2016 The Papers

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

With me are Kate McCann, Senior Political Correspondent

at the Telegraph and Martha Gill, Political Reporter at

The Times has news that a state-run Chinese company is the largest

provider of CCTV equipment to UK clients.

The Financial times leads with the decision to go ahead

with the new nuclear power plant at Hinkley Point in Somerset.

The Metro devotes its front page to a shooting in London,

where the victim was the mother of nine children.

that UKIP members want Nigel Farage to return and lead the Party -

he stepped down after the vote to leave the European Union

The Telegraph leads with the news that Foreign Secretary Boris Johnson

has re-affirmed his long-standing opposition to building a third

The Daily Mirror reports that police looking for the missing

child Ben Needham have made a breakthrough.

The toddler disappeared in 1991 on the Greek island of Kos.

And the guardian says that UK companies paid out a record

?44 billion in bonuses last year So let's begin...

Let's start with the story dominating today which is China

getting a green light to power Britain. It may not be the headline

all the papers would have chosen, but what do you make of this deal,

Martha? This is the deal to put a power station at Hinkley Point. It

was put on a pause by Theresa May for a few months and was originally

put in place by George Osborne as part of its programme of

strengthening relations with China. It would have been a disaster for

our relationship with China if it had not gone ahead, but people today

said it is an economic disaster. It will cost us ?30 million estimated

over the lifetime of this plant and other energy sources are expected to

be a lot cheaper. Value for money, Kate? And the political point of

view? Is difficult to say if it is value for money, because we are

trying to predict how much energy we will need in the future, what type

and also what the cost of it will be energy sources are already becoming

more difficult, so the prices are higher. This is predict is open in

2025 and that may not happen. It's also the first big decision of

Theresa May's Premiership. It is a difficult one and is opposed by many

people for different reasons. It was always going to be hard for her. It

would be almost impossible for her to reverse it at the point it has

got to now, so it's a case of wait and see, though there are concerns

that the technology will be out of date by the time it finally comes

online, so it's very difficult to call whether it is good value for

money at this point. I don't think we will know. But as with big

infrastructure projects, they always go over Budget and take longer than

expected. Interesting. Let us move on to the Financial Times. Their

headline, further interest rain -- rate cuts remain despite the Bank of

England and their bright outlook. Mark Carney has had to row back a

bit from the gloom he predicted in the wake of Brexit, hasn't he? Well,

he started the row back as soon as the Brexit vote was announced,

trying to do it in a calming voice. What's happened now is despite the

Bank of England having said that things are working, that the

situation might not be quite as gloomy as we think, they say a

further interest rate cut is still on the cards, which suggests that

some people in the industry have been saying, that once they trigger

article 50, a recession is on the way and this doesn't completely rule

that out. Be done about business investment in the long term, but

consumer spending has held up. I don't know if that's to do with a

sunny weather. Possibly, but nobody knows. I think that's what the bank

are all so saying, they can cut interest rates, but not saying

they're going to do either. Consumer spending is better than expected,

but people were told over and over that Brexit would trigger world War

three and that hasn't happened of course, but we haven't left the EU

yet. The crunch point will come in two years when we will really see

the impact. Business investment as it says is expected to slow more

sharply than consumer spending and that is a worry, because businesses

employ a lot of people in the UK, so what does that mean for jobs? If you

think about it in the round, if you're going to cut rates

again, that's good for people spending, then offer people saving.

If you have a situation where people are not getting much money back on

their savings or able to invest, you could possibly end up with a

situation where if people lose their jobs, it impacts upon them twice and

the Bank of England are saying we could be in a brighter position, but

it could worsen. So it is unpredictable. Good news according

to the Financial Times for the Scottish whiskey industry.

Presumably because the weaker pound is good for exports? Yes, we can all

be proud of that. You criticising our choice of refreshment this

evening? Yes. Although there is a slight warning point to note in this

small article here, because it says although the value... No, that's

wrong. Although the value of exports have risen, the value has dipped. We

are exporting more, but getting less money back, so that's not ideal.

Let's move on to the Daily Express. And this somewhat bizarre headline

says amazing bid to keep Nigel Farage. Could it happen? They want

to keep him as the leader of Ukip. The new leader is supposed to be

announced tomorrow. It sounds like something out of a Roald Dahl book.

The article points out there are some Ukip voters spoiling their

ballot paper and writing, please Nigel, come back. He didn't rule it

out when he quit a few months ago saying he wanted to spend more time

with his family do personal things. He did say if it looks like the

Government are making a mess of Brexit I will come back in 2020 and

five for the best deal possible. So I would not be surprised if he came

back, but I would be surprised if it happened this weekend. Ukip are

about to elect a new leader. It won't be Douglas Carswell, he is the

party's only MP and Nigel has said tonight he can't understand why he

is in the party, you doesn't agree with anything we say, so he almost

seems uncomfortable about being a Ukip MP. So it feels like a

last-ditch, I'm going to have my final say before I bow completely.

Can you see him doing that? Well, you certainly been able to

reincarnate himself from certain disasters, but what is true is he

will remain a shadowy presence in Ukip, particularly if Diana James

who is currently the favourite, winners the plays. She is very much

a Nigel Farage fan. Indeed in her announcement she said she didn't

even want to be leader. The next four said let's keep everything the

same as it was under Nigel. So we can expect to see something of him

in the party. We will await the announcement tomorrow afternoon. On

to the Telegraph. EU exploits are reinforced -- forced rethink on

Brexit. This suggests senior figures in the EU are playing hardball with

Britain in order to force them to rethink Brexit. The likelihood of

that is uncertain, Theresa May certainly means business about that,

we don't need to repeat her phrase. But the mood has been soured by

Nigel Farage, who I think all of one of the senior delegates seated. I

can't see them coming to an agreement any time soon. I think

Theresa May's plan to say very little about Brexit is that when you

say something very little about something everyone is talking about,

it allows the other side to fill the gap and the vacuum, so we have seen

it happen to Theresa May on her own backbenchers wet Tory MPs started to

define the terms of Brexit might mean and Theresa May has been clear

that Brexit means Brexit, buzzwords tell us any more. But the EU is now

talking about what I could look like and if you don't trigger article 50

quickly, then we are going to define the terms. All the other 27

countries are meeting without us for the first time, that will be a big

occasion, we will be in the room and won't know what will happen. David

Cameron warned us about that before we left. So unless Theresa May is

able to set out the terms, we will see more of these stories and we may

see the rhetoric and conversation about Brexit slinking towards a

hard-line EU position of we won't compromise, despite the fact Theresa

May keep same Brexit will be good for the UK, we will make a go of it.

Let us move on to the Guardian, a picture of Hillary Clinton, back on

the Trail. It led me to wonder, there's been so much focus in this

presidential campaign on the health of Hillary Clinton and on Donald

Trump. Can you see a time when our politicians are going to have to

reveal all about the medical history? Is certainly seemed very

uncomfortable, is not something we've seen before, but there's been

a lot of focus on and speculation on politicians and their health. Nigel

Farage, he was certainly under a lot of scrutiny during the elections.

He's complained of bad health. And I suppose with the new desire for

transparency that we see -- have seen in the last few weeks, this is

a possibility in the future. I wouldn't rule out anything anymore.

My favourite part of the article was right at the bottom when it says

Donald Trump exercises because his speeches are so hot they are like a

sauna. So that's a form of exercise for him. Maybe that is the answer to

the obesity crisis. Now the Daily Mail and pictures of Ringo Starr and

Paul McCartney because there is a new documentary about the Beatles.

You can see what they have done with the headline. I hate to say it, but

-- but it is nice to see men are being criticised for their parents

on the front page. I know it won't do much for equality, but these are

two men who are still well celebrate, but we are focusing on

their hair colour, which is what happens to women almost every day of

the week. So I think it is a bit of a high five moment. Thank you. All

the front pages are on a line on the BBC News website where can you --

you can read a detailed review. You can see as their with each night's

edition published shortly after we have finished. Thank you to my

guests. Goodbye.