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past three in the morning, local time, close to the Pakistan coastal
City of Pasnan. More details when they come in. Now, the papers.
Hello and welcome to our look ahead to what the the papers will be
With me are the Daily Telegraph's Political Correspondent Laura Hughes
Before we hear from them, the front pages.
The Guardian leads with today's developments at Westminster
as the government faced down a Conservative
According to the Telegraph, the sustainability
of the eurozone is under threat after the IMF raised
The paper pictures former US President Barack Obama,
The Times reports on claims that Britain's tax burden
is set to rise to its highest level for more than 30 years.
The i speculates that British Gas will become the latest energy
The Metro leads on a new report which claims bank
overdraft charges can cost up to 180% of the sum borrowed.
Meanwhile, the Mail's headline is 'New blow
for 21 million savers' - after changes were announced
The FT says the London and Frankfurt stock exchanges
are gambling on authorities giving the green light to their multi
And according to the Express, freezing gales
will hit the UK over the next 10 days.
They love the weather story, don't they? Sometimes they don't get it
right! The Daily Telegraph, a headline we haven't seen for a
while, the Greek debt crisis. A new one according to the paper. That's
based on what the IMF have said, warning that Greek debt is on this
awful path and the question is, going to bail them out? They've said
they don't want to do it, the IMF are saying, not us this time. It's
interesting because they will go to the EU and say that they need to
help. In July is going to come to a head because Greece owes 7 billion
euros. Germany at the moment is really am willing to help bail them
out because Angela Merkel has an election coming up and a lot of
populist parties in Germany are saying, why should hard-working
Germans have to bail out people working in Athens, it's not fair.
And there will be that feeling that good money is being thrown after bad
as well. If this is true, it hasn't worked and interesting to see how
the people of Greece react to the news. Indeed, it's an alarming
headline but it was only in 2008 when we had the first Greek debt
crisis. It has been covered across headlines and we've seen how it has
been carrying on. This won't go away. Intriguing that the headline
is coming right now, especially when you see the full line across this
issue -- fault lines. Also on the front of the Telegraph, Hamann
facing ?34 billion black hole, tax burden on a 30 year high. I think it
is 37% of the national income is going to be raised in taxes which is
humongous, the highest it has been since Margaret Thatcher. Inland
Revenue have really been hitting everybody as hard as possible. They
have been under orders to get as much more tax as possible into the
cough is. That is what the IFS are facing, -- are warning, that we are
facing this black hole which means we will be perhaps faced with more
taxes and we will see more cuts to public services, at a time when we
are seeing crises in social care, the NHS, local councils revolting
saying they want to raise taxes because they can't cope. If we want
to get out of the deficit by 2020, Philip Hammond will have to do
something. Buzzfeed has its get to the ground on what people think
because often you are reporting their views. Austerity is seen as
something that is not only seen as painful, but is not working? It was
a target and we are seeing it isn't working. The people we speak to,
especially young millennial is, there was a white Paper on housing
and it seems that there are some measures to help ordinary families
but there are some other things, you take a fume steps back and -- a few
steps back, and our people thinking about people on the ground? This is
a serious issue. Perhaps why we have seen this antiestablishment rise,
the strength of the right around the world because people are losing
faith, if not trust in politics? I think it's fair to say that people
are disillusioned with "Establishment politics" but that
isn't a reason to blame it just on that, there are many factors.
Something like this isn't going to help. When you think it couldn't get
any worse, the front page of the Metro, the banks charging more than
the sharks, it says. This is about the charges you get when you go
overdrawn. It is like a temporary loan as far as the banks are
concerned. You are charged if you go over the limit and they seem to be
suggesting that these charges are extortionate. 180% of the sum
borrowed. You could have an overdraft of ?10 and you would have
two Payback ?180 after two months, which is extraordinary. It is more
than loan sharks. When you hear about loan sharks you think I will
stay away from them and go to the bank and do the sensible thing. ?10,
that is easy to do. If you don't pay it back is delay, you could be to
court -- you could be caught. We have had campaigns against loan
sharks but some banks charging seven times more is shocking and it may
affect a lot of your viewers. Extraordinary. Mentioning NatWest
but it includes Lloyds and Santander as well, demanding ?160. I suppose
it depends on the deal you have with your bank, there are different
overdraft deals and it depends how much the overdraft is as well. I
suppose it's down to doing your research. It feels mad that... ?10!
Understand if it was ?1000. You're sounding like Martin Lewis now! I'm
sure he'll be on it. He'll be launching a campaign tomorrow. Let's
move on to the Daily Mail, a new blow for 21 million savers. I told
you it would get worse. It's so much about money. National savings
interest rates are cut and so are your chances of bringing in a
premium bond prize. This is a bit of a technical story but it seems like
it will affect a huge amount of people, 21 million savers.
Essentially government backed savers accounts, going to be affected with
interest rates being slashed. For a lot of people, perhaps banking on
these savings, they're going to wonder what on earth is going on.
They perhaps thought that their money would be safe and suddenly one
day it isn't. They lot of people will be worried about this. They
think it is going to save the Treasury, ?6 billion. It is premium
bonds, but they are going to reduce the number of prizes by one third.
It is another disincentive to save. These are government backed
accounts, you would think that the government would do the right thing.
There is this theory that they want us to spend because it boosts the
economy. You look at some of the interest rates, it is something like
1%. A former pensions Minister says that your acreage in people to save
and this is a kick in the teeth. -- that you are encouraging people. The
pressure is on Theresa May to step in, it's being talked about? And MPs
are calling for it. This gets interesting, it is a glass half
full, half empty, the votes depending Brexit and how it's going
to be delivered, the White Paper. Let's look at the Guardian. Made
telling MPs, take it or leave it over Brexit. -- Theresa May telling
MPs. This is how much say the MPs have, which is very little. Exactly,
the headline, take it or leave it, basically saying that for Theresa
May, triggering Article 50 is so much closer now. Tomorrow is like
the final day when you will hear discussions about it. The fact that
the government won is a huge boost for Theresa May. We should explain,
a group of MPs wanted to have a say in the process on every single
clause in the deal with the EU, which could have sent Theresa May
back to the negotiating table if they rejected it and it could have
gone on for years. Some rebel MPs even on the Tory benches voting the
other way today. I think it's intriguing. The fact that you have
the Times covering it completely differently. A different take, isn't
it? MPs will vote on Brexit deal after forcing's may's hand. The
reason that the times have covered it this way, MPs believe they will
have more of a say, more power to influence it because Theresa May
will have two presented to them and they will say that it is rubbish but
even if they say they are not happy, it is deal or no Deal. You vote for
it, or you vote for something worse, going with tariffs set by the WTO.
The government are going to win regardless. There's this idea that
they have more power to intimate, but really? We have to remember that
there is a referendum and they are delivering the results. The country
decided we are going to pass the bill, tomorrow is the final vote, it
will get through. It was reported as some kind of concession but I don't
think that is the case. Labour thought it was a concession and
slowly people realise that actually no, it isn't a concession. So we all
broke, we are potentially getting ripped off and there is very little
broccoli to eat as well! The story at the heart of the salad crunch.
This is an incredible story. I'm trying to find a cheerful story!
There is a core jet crisis apparently. Bad weather in southern
Europe and some supermarkets are having to ration how many courgettes
they sell to their customers. I think for a lot of people that is
quite alarming. I think our viewers are probably losing the will! I like
this vegenomics. Normally if you have small supply you increase
prices, but supermarkets are so reluctant to do that they think they
will stick at the same, just don't buy as many. We should be eating
fruit and vegetables when they are in season. Or by local, there are
tips on the BBC website about alternatives. Grow your own, like
Jeremy Corbyn. A bit hard on a balcony! If you're feeling down we
can always followed the Obama example and just relax, basically,
after one of the toughest jobs in the world. Life after the White
House is going swimmingly well, says the Daily Telegraph. He is with
Richard Branson. An Eneko island. If you were a former president you
would be chilling out with a billionaire. -- Necker Island.
Richard Branson is really getting involved with some issues. He got
involved with Brexit. This is a message eight -- is this a message
to Trump? He is in the limelight quite a lot. It is the question,
what Obama does next. He is staying in Washington but he doesn't seem to
have many plans. He beat Branson, apparently. You've got to let him
win! Thank you for joining us. Thanks for watching.
Don't forget you can see the front pages of the papers online
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evening you can watch it later on BBC iPlayer.