27/10/2016

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:00:21. > :00:27.Hello and welcome to look ahead at what the papers will be bringing to

:00:28. > :00:32.us tomorrow, with me, his Jason Eaton and Robin Curtis from Society

:00:33. > :00:33.of British economists. Let us start with tomorrow's front pages.

:00:34. > :00:36.Starting with the express. The Express leads with news

:00:37. > :00:38.that the economy has grown in the three months since the vote

:00:39. > :00:41.to leave the European Union. The Financial Times also

:00:42. > :00:45.goes with the economy - focusing on Nissan continuing car

:00:46. > :00:47.manufacturing in the North East . The Guardian leads

:00:48. > :00:49.with the same story - saying it will be a boost

:00:50. > :00:55.for Theresa May . The i says rival manufacturers

:00:56. > :00:57.could also ask for help from the government to cope

:00:58. > :01:12.with the pressures of Brexit The Times says that they gave Nissan

:01:13. > :01:18.a written promise to protect them from the problems of Brexit. And the

:01:19. > :01:23.NHS only gets back half the money it is owed from foreign patients. And

:01:24. > :01:30.the Daily Mail leads with a same story, calling it a sick joke.

:01:31. > :01:38.So we have to start with Nissan. Jason, the Times thinks it can

:01:39. > :01:44.answer that question about what assurances if any, are given by

:01:45. > :01:48.Nissan. First of all on the face of it this is very good news, if you

:01:49. > :01:54.are in Sunderland this is excellent news, your job is secured. You could

:01:55. > :01:59.argue that this is due to the skilled workforce. Then you start to

:02:00. > :02:02.think how did they get this deal, The Times is saying that Greg Clark,

:02:03. > :02:08.the Business Secretary did a lightning trip to Japan in what

:02:09. > :02:15.sounds like panic because Nissan was saying that the Mike Pollak because

:02:16. > :02:20.of Brexit. This was only last month. He has managed to come back and this

:02:21. > :02:24.has come back opaque and cloudy, saying we have some assurances to

:02:25. > :02:29.Nissan, we are not going to tell you what they are, but they won't be

:02:30. > :02:35.subject to punitive tariffs if we leave, when we leave the EU. Now it

:02:36. > :02:39.looks like Nissan, probably knows more about what the government to go

:02:40. > :02:44.shooting tactics up for Brexit than anybody else in the country. The PM

:02:45. > :02:48.says they will not give a running commentary, they have definitely

:02:49. > :02:53.given a running commentary to Nissan. Then there is this other

:02:54. > :02:59.issue, the other sectors are going to say, Nissan is getting a decent

:03:00. > :03:03.steel, why aren't we? That is going to cause problems and there is

:03:04. > :03:08.another problem, if we are going to prevent Nissan from being subject to

:03:09. > :03:12.punitive trade tariffs, that actually breaks EU law, because that

:03:13. > :03:18.is state aid and were not allowed to do that. But if we are out of the

:03:19. > :03:22.EU? It makes it harder to strike a new trade deal because they can save

:03:23. > :03:27.can't do this and it is even harder under the WTO rules also to strike a

:03:28. > :03:34.deal. So maybe what is on the face of it good news, a good amount of

:03:35. > :03:38.post Brexit cheer, but have a long sting in the tail. It will be

:03:39. > :03:49.fascinating to watch that. Let us move on, to the i. This sort of,

:03:50. > :03:55.welcoming headline, comes on the same day as we had better than

:03:56. > :04:03.expected GDP figures so what is not to cheer? It looks great, I had to

:04:04. > :04:07.say, that the word 7000 jobs protected, global manufacturers set

:04:08. > :04:13.also to demand UK Government protection. It has that feel about

:04:14. > :04:17.protectionism, subsidies, inefficient, who is going to pay for

:04:18. > :04:26.it. Just to say that is what it looks like. On the GDP figures, it

:04:27. > :04:30.is great news, much better than expected, the world didn't collapse

:04:31. > :04:34.after Brexit but it is all spending on services, the rest of the sectors

:04:35. > :04:38.didn't do well at all and it is about the fact that wages have been

:04:39. > :04:44.running ahead of inflation so people have got money in their pockets.

:04:45. > :04:49.Now, it looks like next year, because of the big fall in the

:04:50. > :04:53.pound, inflation goes up, wages won't go up so much, and so that is

:04:54. > :04:58.going to be squeezed and really, unless companies are again to get

:04:59. > :05:02.the sort of protection that Nissan has got, are they going to invest in

:05:03. > :05:11.Britain, so we are worried about investment next year, we are worried

:05:12. > :05:15.about consumer spending. Let us go to the Financial Times which

:05:16. > :05:20.reports, on the conclusion of this stand-off, between the EU and Canada

:05:21. > :05:30.over the trade deal, as do you read this? What is interesting is that a

:05:31. > :05:36.trade deal, with Canada which I think was nine years in the making

:05:37. > :05:41.almost collapsed completely because of a small region of Belgium with

:05:42. > :05:43.3.5 million people, almost as many cows, didn't like it because they

:05:44. > :05:48.said it was going to undermine workers' rights and also their

:05:49. > :05:52.competitiveness in the agriculture sector. And the Brexiteers on the

:05:53. > :05:58.verge of collapse shows Haskell erotic Europe is and this is why we

:05:59. > :06:03.can't do business. The Remainers, said if they can't get this deal

:06:04. > :06:06.through, which is actually not that complicated because it doesn't

:06:07. > :06:18.include financial services, then what hope have we got striking a

:06:19. > :06:21.trade deal. Nothing has changed much, it is quite interesting in

:06:22. > :06:26.that respect but it does underline how difficult these deals are.

:06:27. > :06:30.That's the EU still needs for major deals to go down not just with

:06:31. > :06:33.national governments but with some countries down to regional

:06:34. > :06:42.governments and that could be a problem when we start our long-term

:06:43. > :06:46.the decisions with the EU. Lessons for our future negotiations? First

:06:47. > :06:50.of all we don't have any trade negotiators, so we have two trained

:06:51. > :06:59.them up and it is going to be really hard. Because when we do actually

:07:00. > :07:02.try to negotiate, of course, small sections of countries are going to

:07:03. > :07:09.have a say, it is going to be really, really difficult. A complete

:07:10. > :07:12.change of subject, the Daily Telegraph, the NHS loses millions to

:07:13. > :07:21.foreigners and the Health Secretary Jeremy Hunt is going to do something

:07:22. > :07:24.about it. This is a National Audit Office report, and it is about

:07:25. > :07:32.collecting money from foreigners that should be paid in the NHS. They

:07:33. > :07:36.are saying that 500 million is what they should be collecting. They are

:07:37. > :07:41.collecting about half of that. That sounds like wow, those nasty

:07:42. > :07:45.foreigners that aren't paying their bills. But actually, the people in

:07:46. > :07:49.the hospitals aren't collecting it, half of them don't even know the

:07:50. > :07:53.rules and the other half don't think it is their job to collect it. I

:07:54. > :07:59.think the really important point, is what is the budget for the NHS, it

:08:00. > :08:08.is about ?118 billion, how much money are we talking about not

:08:09. > :08:16.collecting? It is about ?250,000. Sorry ?250 million. It is not quite

:08:17. > :08:22.that bad. But it is no .2% of the budget. It is a tiny amount,

:08:23. > :08:25.delegate to send in squads of accountants, specialists, retired

:08:26. > :08:31.doctors to collect the money. It will probably cost as much to

:08:32. > :08:39.collect it, as they owe, I think this is a copout. Is this easy.

:08:40. > :08:44.Actually, I'm going to stick up for the government which doesn't happen

:08:45. > :08:51.very often. If you read the full report, it actually says that the

:08:52. > :08:58.money being collected, from migrants was really low, it was something

:08:59. > :09:04.like 73 million in 2012-2013. They have now done an incredible job of

:09:05. > :09:07.going up to 255 million. And that is slightly below the target, but they

:09:08. > :09:11.are actually making quite good progress, they also say and this is

:09:12. > :09:18.really interesting, they actually have no way. Of precisely measuring,

:09:19. > :09:22.how much we are owed by foreign visitors, and this aid is almost

:09:23. > :09:25.impossible to calculate which makes the point of this story quite

:09:26. > :09:29.difficult because it may not be as bad as it seems and it could be

:09:30. > :09:33.worse. There is one other point which I would like to make which is

:09:34. > :09:36.quite important, they talk about doctors and nurses not doing enough

:09:37. > :09:40.to collect money, they said actually there is quite a big issue of Public

:09:41. > :09:45.health. If you have somebody coming to this country with a very

:09:46. > :09:53.contagious virus or disease, they need to get to hospital otherwise

:09:54. > :09:56.they can give that to other people and you have a major public health

:09:57. > :09:59.crisis. They are saying, that if you are making it seem like show us the

:10:00. > :10:01.credit card. That is actually good stop people from getting the

:10:02. > :10:06.treatment that they need and other people need them to get which is

:10:07. > :10:09.quite important. The Guardian has another health story, a different

:10:10. > :10:14.one about the male contraceptive jab which has been effective in trials.

:10:15. > :10:20.This is quite a small study but has had quite rheumatic results. Well it

:10:21. > :10:24.has earned on the face of it it looks pretty good, a good idea that

:10:25. > :10:35.contraception should not be left to women taking pills. But I thought

:10:36. > :10:42.some of the side effects were, a bit, might put some of the men. Some

:10:43. > :10:47.side effects, depression, acne. One of them may not put them off,

:10:48. > :11:01.increased the PDO. It doesn't quite make sense? But it may be tough, if

:11:02. > :11:07.it gives you spotting this. Let us move on in fact back to the

:11:08. > :11:10.Telegraph, which has in fact, a very amusing photo, they pumpkin, who

:11:11. > :11:24.might remind you of somebody. There it is. A scary sight, this

:11:25. > :11:31.Halloween. It is going wild on social media. People carving them,

:11:32. > :11:37.even putting Donald Trump weeks. He's almost the same colour, and we

:11:38. > :11:45.have only got ten days until the US election. And you can understand why

:11:46. > :11:49.people think it is quite canny. Also Hillary Clinton with Michelle Obama

:11:50. > :11:53.who has been giving her a real boost? She has, and it is amazing

:11:54. > :12:00.how Michelle Obama has really come to the fore more recently, she was

:12:01. > :12:05.always a great support and now she has her own person. She is really

:12:06. > :12:10.helping Hillary a lot because women believe in Michelle Obama, she has

:12:11. > :12:15.done a huge amount for women's. Yes, she has an appeal that Hillary

:12:16. > :12:19.doesn't have, they deployed her today in North Carolina, a swing

:12:20. > :12:23.state that has been Republican in the past. They think they can get it

:12:24. > :12:30.this time around, she is Hillary's greatest asset. The Telegraph has

:12:31. > :12:38.got another great photo on its front page, unexpected sovereign in the

:12:39. > :12:42.banking area. Where is she? Visiting a Waitrose supermarket in pound bree

:12:43. > :12:48.yesterday. It looks like she wishes she was somewhere else

:12:49. > :12:57.. She seemed apparently especially cheered by the array of cheeses. And

:12:58. > :13:01.there are some nice ones where she is smiling. And looks very happy to

:13:02. > :13:08.be there, but a couple of the papers have picked up this very glum one,

:13:09. > :13:13.which I think it is a bit unfair. We can see the smiling one, have the

:13:14. > :13:21.Queen enjoyed a supermarket sweep. The day out, in the village built by

:13:22. > :13:24.Charles. There is a story about her collecting Tesco Clubcard vouchers.

:13:25. > :13:33.She is now again to Waitrose as well. Which of the photographs do

:13:34. > :13:41.you prefer? I like the smiley one although I like the caption. Terry

:13:42. > :13:47.very clever. That is just marvellous, thank you so much, don't

:13:48. > :13:53.forget that all of the front pages are online. On the BBC News website.

:13:54. > :14:03.It is all there for you, seven days a week, and you can see us thereto

:14:04. > :14:07.with them posted on the page shortly after we had finished. The weather

:14:08. > :14:09.is next.