03/01/2017 The Papers


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Welcome to our look ahead to what the papers will be bringing us


tomorrow. I'm joined by Charlie Wells. The FT


looks at the abrupt resignation of Britain's ambassador to the EU, Sir


Ivan Rogers, and says tensions with number ten led to his departure. The


Daily Telegraph also leads with that story, reporting that Theresa May


plans to pick a Brexiteer to replace him, somebody who backs the Brexit


calls wholeheartedly, it claims. More on that story on the front of


the times. Downing Street has been caught on the hop by the


has claimed that by lunchtime has claimed that by lunchtime


tomorrow bosses at the top FTSE 100 companies will have earned as much


as most people do in a year. A warning from the head of the NHS.


Hospitals are apparently colluding with ambulance chasing lawyers. And


the story of the Chelsea football fans who have been charged with


racial abuse is on the front of the Guardian. A man has been prevented


from buying his dream home because developers will not let him park his


van outside, according to the Son. Financial Times, Tipper, London's


frustrated envoy resigns weeks before deadline on Brexit clause. It


resign, three months potentially resign, three months potentially


before article 50 is triggered. What is increasingly apparent, or


unavoidable, is that we are looking at the front pages of all of the


papers today. Brexit is going to be the big story. Our EU ambassador,


Sir Ivan Rogers, has quit. As you mention, it is just the four Theresa


May triggers article 50. I suppose you could argue that he felt he was


due to stand up in the autumn anyway, that he felt that it would


be better for somebody else to take over before that point and to see


through the negotiations from the very beginning. However, this has


caught a lot of people, not just number ten, but across Whitehall on


the hop. I suppose the problem is speaking truth. His job was to say


some rather unpalatable realities, to share some unpalatable realities


with number ten. Last month, after the Brussels summit in December, he


was the leading diplomat that suggested it might take Britain ten


years to negotiate a trade deal. And even then it might not be ratified


by the parliament, which wasn't popular at the time. I


point is, he is saying that he is point is, he is saying that he is


getting the vibe, he would not have used those exact words, but he was


getting the vibe from other EU countries that it was going to take


a while. He wasn't saying he thinks, was he? That is the role of late


diplomat, to convey messages from foreign countries back into the home


country. -- of a diplomat. To explain as truly as possible what


appears to be going on. We see this word of the FT, frustrated,


frustrated by the fact that perhaps frustrated by the fact that perhaps


he wasn't being listened to. Politicians in other countries


communicate very differently. For instance, in Germany, France, people


are much more direct. Politicians tend to do the same. OK, the Daily


Telegraph, Brexiteer as our man in Brussels. So is the implication that


Sir Ivan Rogers was too pro-European and as a result he somehow wasn't


being aggressive enough in convincing the French that they


should give us what we all want? That is certainly a suggestion. In


that negotiation, when he was attempting to get a deal ahead of


the Brexit referendum, that Sir Ivan Rogers wasn't... Was possibly too


ready to take no for an answer, and very much a status quo man. And that


he was maybe too entrenched in what was going on. The flip side is you


need your man in Brussels to know need your man in Brussels to know


serious, heavyweight diplomats who serious, heavyweight diplomats


have in very recent times, have have in very recent times, have


left, have stood back from advising the Prime Minister on the European


Union. We have Kim Derek in Washington... These are all people


who, probably now if you had to make a list of runners and riders to take


over, would be on that list. If they over, would be on that list. If they


could be persuaded to come back. Will anybody want that job? It'll be


the toughest diplomatic position for some time for Britain. This person


will take the blame if things go wrong and won't get the glory if


things go right. Is that what is going on? I wouldn't want to be in


that position. From a journalistic perspective. I took issue with this


story. It seemed to be moving the story a bit too quickly. For my own


methods, there are so many anonymous sources in high-level paragraphs.


What are you suggesting? I'm sure What are you suggesting? I'm sure


the Wall Street Journal wouldn't do this.


CHUCKLES I take issue with it. It makes me


think that such a strong headline needs some sources on the record.


This would never happen in America. Different papers. It needs to be


pointed out that the Daily Telegraph is a Brexit newspaper. There you go.


We will stay with the Daily Telegraph. The FTSE closes on fourth


consecutive high. I know the Dow Jones is heading towards 20,000,


which would be a record, as well. Everything going swimmingly. People


are calling it the Santa rally. But you must remember that the stock


market tends to be very short term. In the short-term people are


optimistic, it seems like in the UK manufacturing is on the rise, we are


heading towards a high in the stock heading towards a high in the stock


market which we haven't seen since the late 90s. But we know what


happened after that, there were crashes. The other thing the article


weak pound. For manufacturers, in weak pound. For manufacturers, in


the short term that is a good thing because it means that you can export


your products. The FTSE predominantly is exported. Exactly.


But when you have to start making things in Britain and import goods,


a weak pound makes that very expensive. In the longer term it


more positive about the British more positive about the British


economy. You sound like the outgoing Brussels man. Hard truths. Speaking


truth to power. CHUCKLES


And all of that money sloshing around the markets means... Fat cat


Wednesday. I haven't heard this term before. You know there is a day, I


think it is sometime in November where women start actually taking


home the money they earn because of the gender pay gap. Really? The fact


that we work for free because of the gender pay gap. This is an


equivalent for executives and workers. It has only taken them four


days because executives are paid so astonished the well and workers are


paid so little in comparison, the gap is so huge. This analysis has


worked out that chief executives of FTSE 100 firms are typically paid ?4


million. They only need three and a half days to rake in the average


salary of their staff of ?30,000. It is a massive gap. That is what is


serious. If you are trying to create social equality, or reach that as an


endgame, there has been talk about executive pay, things like that,


shares, is that being watered down, it is all about how we will water it


down. What is the government going to do about that? Theresa May's


first Commons on the steps of Downing Street where that this would


be a government for everybody, not just the haves. -- comments. The


messages concrete. People find it hard to understand big numbers. This


is a simple way to communicate this to the public. Learn in -- they earn


in a few days would you earn in a year. Pretty simple. In the FT now.


It seems like magic before Trump is in power. The question on a lot of


economists' minds, is this sustainable? Can a person go company


by company and encourage them to make fairly, you know, fairly small


changes to the way they operate. We are talking about 700 jobs, $700


million that Ford is going to invest in a domestic plan as opposed to


investing in a plant in Texaco. Just to be clear, Trump said if this was


going to happen it wouldn't be a good idea. -- in Mexico. He has been


talking about this quite a bit on the campaign trail. And he had been


talking about other car manufacturers, and that he would


punish them. It has changed the rhetoric. The Ford CEO has made the


change. And he mentions about other policies. The protectionist


approach. And how that will filter down when it comes to the


relationship with countries like China. They have been vocal about


doing business. Interesting one to watch. And trade is not as simple as


having one fact in one country and -- one factory in one country and


sold to another. The same product might be designed and begun in the


US, cross the border to Mexico, shipped to Canada, and sold in the


US essentially. It is complicated. What is not complicated is the video


that emerged of a few Chelsea fans, abusing a black man on the Metro in


Paris, it was his home city. This took place in 2015 before a football


game between Chelsea and Paris Saint Germain. These four Chelsea


have finally been convicted. It is have finally been convicted. It is


an awful attack. It is great that they have been convicted. Problem


is, it sends a really bad message once again about British football


fans abroad. We don't have the best reputation anyway. Incidents like


this do nothing for our standing in other European countries. I think


the Guardian is the only paper that has it on its front page. Does that


surprise you, Charlie? People tend surprise you, Charlie? People tend


to turn a blind eye to difficult issues. We are talking about this,


unfortunately. What we see here is a French state prosecutor talking


about this as a "Defining moment" because there is an increasing


lots of countries. This is a lots of countries. This is a


clear-cut example of what racism is. President is important in law. --


precedence. The police are very conscious of it. NHS boss, kick out


hospital blood suckers. He isn't talking about leeches, he is talking


about lawyers, ambulance chasers. It is these no-win no fee companies.


They are targeting inside hospitals. They are targeting inside hospitals.


There are leaflets. Some have rented out space in hospital for ways to


get the information to patients and to sue the NHS. Apparently it is


?440 million per year, which would be better used in the NHS. We won't


get onto the cultural aspects in the US. OK. Diet drinks, no healthier


than sugary versions. We know that, that is why we drink sugary


versions. Go full fat. Economists have found that people who consume


diet drinks might end up eating more calories in food because they are


telling themselves, OK, I haven't had a full calorie soda, why not


have a doughnut? Go further full should in the first place. Exactly,


just have the Mars bar. And you can get other types of chocolate bars,


by the way. Thank you for having you both here to talk about the papers.


You can read a detailed review of The Papers on the website. You can


see us each night with every edition posted. Thank you for watching.




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