07/02/2017 The Papers

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.