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Hello and welcome to our look ahead to what the the papers will be | :00:16. | :00:18. | |
With me are Torcuil Crichton, Political Editor at The Daily | :00:19. | :00:21. | |
Record, and the barrister and broadcaster, Sophia Cannon. | :00:22. | :00:27. | |
She is in a very politically neutral coloured dress tonight. | :00:28. | :00:32. | |
Tomorrow's front pages, starting with... | :00:33. | :00:33. | |
The Financial Times says there's alarm within Downing Street | :00:34. | :00:36. | |
as the Chancellor has hinted he wants to scrap the | :00:37. | :00:38. | |
The Mirror also leads with the Chancellors comments. | :00:39. | :00:44. | |
It says it could mean an increase in VAT or income tax. | :00:45. | :00:49. | |
The Times headlines sources in Washington who have told | :00:50. | :00:51. | |
the paper that President Trump is prioritising striking a trade | :00:52. | :00:54. | |
The Independent has an exclusive with a former British | :00:55. | :01:02. | |
judge, who warns the Government is displaying "invisible | :01:03. | :01:04. | |
ignorance" in thinking they can free the country | :01:05. | :01:06. | |
The Daily Mail warns of a new mortgage price war | :01:07. | :01:11. | |
The Sun also warns of tax rises and pension cuts | :01:12. | :01:15. | |
It also says there could be an increase in overseas aid. | :01:16. | :01:23. | |
In the Express, the Prime Minister is to reject a fresh call from | :01:24. | :01:30. | |
Brussels to give rights to EU citizens currently living in the UK. | :01:31. | :01:34. | |
The Guardian leads with presidential elections in France and the | :01:35. | :01:38. | |
heightened security at polling stations which open tomorrow amid | :01:39. | :01:45. | |
yesterday's tack in Paris. Let's begin with a reflection on what has | :01:46. | :01:50. | |
been happening in the election campaign after the announcement of | :01:51. | :01:53. | |
the snap election earlier in the week which took everyone by | :01:54. | :01:57. | |
surprise, not least the Conservative Party. The daily Mirror is where we | :01:58. | :02:03. | |
will begin. More election U-turn. Tonsil suggests he will drop the | :02:04. | :02:11. | |
2015 pledged not to hike taxes. -- the Chancellor suggests. I think he | :02:12. | :02:16. | |
has said he wants more flexibility. This is meant to be the Brexit | :02:17. | :02:22. | |
election and it is tax on every paper all day today and all day | :02:23. | :02:27. | |
tomorrow. It will be a tax election this weekend. The Tories want to | :02:28. | :02:36. | |
drop this tax bombshell on Labour. It has bounced back. Philip Hammond | :02:37. | :02:40. | |
has said he will have to raise taxes. We know he will have to raise | :02:41. | :02:46. | |
taxes and he has said that the 80 could go up. Why would the daily | :02:47. | :02:51. | |
Mirror go on the 80? That is because it hits the poor harder than the | :02:52. | :03:05. | |
rich. They spent about 10% of their VAT -- income on VAT. If you took | :03:06. | :03:13. | |
some people out of tax, it would lower the rates for higher earners. | :03:14. | :03:19. | |
Indeed. The issue here is that the Tories have always been the party of | :03:20. | :03:23. | |
fiscal firmness. They have always been the party where you think the | :03:24. | :03:25. | |
economy is in safe hands. It is not economy is in safe hands. It is not | :03:26. | :03:31. | |
the case. It is now appearing that the Labour Party could be right, | :03:32. | :03:37. | |
that the Tory Party is going to hit white Van man right where it hurts, | :03:38. | :03:41. | |
right at the exhaust pipe and ensure that he is paying more tax on a | :03:42. | :03:48. | |
whole. This is the whole issue. We are being appalled by two strong | :03:49. | :03:51. | |
forces, demographic change and the need to raise taxes in this post | :03:52. | :03:58. | |
Brexit world. By the Conservatives to get hot under the collar when | :03:59. | :04:02. | |
people say the economy is not faring as well as it could under them. We | :04:03. | :04:07. | |
have seen since EE referendum the economy has been faring pretty well. | :04:08. | :04:15. | |
Brexit has not happened yet. Another reason to have an early election | :04:16. | :04:18. | |
before the pain of Brexit hits. The Tories reputation, Philip Hammond | :04:19. | :04:27. | |
tried to raise taxes in his budget, his first budget as Chancellor and | :04:28. | :04:31. | |
tried to put up national insurance. That was a bomb in itself was that | :04:32. | :04:37. | |
it fell apart within days. One reason is they have to escape, they | :04:38. | :04:42. | |
have to escape from the 2015 manifesto. David Cameron thought the | :04:43. | :04:50. | |
Tories would not be in power. They promised no tax increases, no | :04:51. | :04:53. | |
national insurance increases at all during the lifetime of the | :04:54. | :04:56. | |
parliament. That cannot happen when you have a social care crisis. The | :04:57. | :05:02. | |
NHS is falling apart, education in England and Scotland as well. The | :05:03. | :05:06. | |
other thing which is interesting, those of us long enough in the tooth | :05:07. | :05:10. | |
to remember the bombshell imagery used by the Conservatives in an | :05:11. | :05:14. | |
election some years ago saying that Labour were about to drop it. They | :05:15. | :05:21. | |
are turning that on its head. They are waiting to find out whether | :05:22. | :05:26. | |
Labour can trumpet. In the last election they tried to say they | :05:27. | :05:31. | |
would follow the Tory tax spending plan and the issue here is whether | :05:32. | :05:37. | |
Labour will come out tomorrow and say they are. They have already | :05:38. | :05:43. | |
broken that orthodoxy. John McDonnell, the Shadow Chancellor, | :05:44. | :05:46. | |
has said, if you are rich, we are coming to get you. By Richie means | :05:47. | :05:51. | |
70,000. 70,000 does not seem rich to me. If you are earning 20... Most | :05:52. | :06:03. | |
people earn between 20 and 30,000. If you earn 70,000, you are rich. It | :06:04. | :06:11. | |
says pay and this may. Tories ready to hit white van man. The Labour | :06:12. | :06:17. | |
Party has said they will keep the triple lock. We do not know whether | :06:18. | :06:22. | |
Theresa May well. Foreign aid will be increased. How far it will be | :06:23. | :06:26. | |
increased, we do not know. There was a question earlier in the week about | :06:27. | :06:31. | |
whether .7% of GDP for foreign aid would be maintained. This was | :06:32. | :06:36. | |
wonderful. It showed global politics at its best and worst. Bill Gates | :06:37. | :06:42. | |
came in and said, hold on a minute, you started the whole philanthropic | :06:43. | :06:47. | |
movement to support countries that need to trade, need aid in order to | :06:48. | :06:51. | |
so do, and also to increase the life expectancy. And indeed lowering | :06:52. | :06:58. | |
poverty across the world. That has been increased. That is one of the | :06:59. | :07:04. | |
major forces of capitalism. It has lowered global poverty. If we are | :07:05. | :07:10. | |
now saying to the world, hold on a minute, we are tightening our purse | :07:11. | :07:13. | |
strings were not give aid anymore. What does that say to other | :07:14. | :07:17. | |
countries and what does that say about ourselves? As British we have | :07:18. | :07:24. | |
pledged to hold firm on this. To say that .7 of our GDP is not that much. | :07:25. | :07:29. | |
But she is saying is, hold on a minute, I'll be spending it | :07:30. | :07:32. | |
correctly, in the right places, the right spaces. Are we giving on a | :07:33. | :07:39. | |
macro level, it should be beginning on a micro level? As Britons, we | :07:40. | :07:48. | |
need to acknowledge that. She has been firm on that. The manifestos | :07:49. | :07:55. | |
will tell us where they stand. They'll be hastily written as we | :07:56. | :07:59. | |
write scripts for this programme tonight. There is a short space of | :08:00. | :08:04. | |
time to get the policies out. Theresa May is being pushed around, | :08:05. | :08:09. | |
mostly by the media and the Telegraph. .7% is a terrible waste | :08:10. | :08:15. | |
of money abroad when schools are collapsing in Britain. The | :08:16. | :08:18. | |
counterargument is .7% is a minuscule amount to spend abroad. Is | :08:19. | :08:27. | |
something Britain used to do so well. We might find ourselves who do | :08:28. | :08:36. | |
get a bit raw hard power. At least Theresa May has come out and said it | :08:37. | :08:44. | |
sticks. Sun readers earn quite a bit less than the average wage will stop | :08:45. | :08:52. | |
it has no, no, no. The Sunnis against any increase in VAT, getting | :08:53. | :08:58. | |
rid of the pension law. The sun is against. The triple lock might not | :08:59. | :09:06. | |
disappear entirely. They might get rid of one of the locks. The triple | :09:07. | :09:17. | |
lock is average earnings. It is 2.5%, or the rate of inflation, | :09:18. | :09:22. | |
whichever is the high. Letters not forget, there is a cohort of women | :09:23. | :09:29. | |
who are in the late 50s, early 60s, who have already been slapped either | :09:30. | :09:36. | |
government. This is causing hardship for our mothers, our auntie 's, our | :09:37. | :09:42. | |
grandmas. It is the whole idea that pension in itself should not be | :09:43. | :09:47. | |
touched. It is already being chipped away at the edges, who is receiving | :09:48. | :09:51. | |
it and whether it is guaranteed in certain forms. Eye-macro I am | :09:52. | :09:55. | |
talking to my fellow near pensioner here. Speak for yourself. I will be | :09:56. | :10:05. | |
working for a few years yet. We will face a demographic time bomb. | :10:06. | :10:08. | |
There'll be no such thing as a lock because there will no door. Pensions | :10:09. | :10:17. | |
have a triple lock. They are the biggest group that votes but also | :10:18. | :10:22. | |
the group that has been best off in the last eight years. Pensioners, on | :10:23. | :10:25. | |
the whole, have seen their lot improved. With the announcement they | :10:26. | :10:31. | |
are making, given foreign aid is unpopular with some voters and the | :10:32. | :10:36. | |
pension lock is popular, how much of these small details we have got so | :10:37. | :10:41. | |
far is a function of the fact the Conservatives, in the opinion polls | :10:42. | :10:43. | |
have such a big lead they feel they can afford to take that chance? Is | :10:44. | :10:50. | |
it confidence or arrogance? Six weeks to go. A lock can happen. OK, | :10:51. | :10:58. | |
the Tories of 48-24 in the polls. People say he has no chance to win. | :10:59. | :11:01. | |
The first round has been OK. They said he could not win the | :11:02. | :11:07. | |
leadership. He turned the polls around quite sharply. He is so far | :11:08. | :11:12. | |
behind in the polls. 48-24 in the polls. I'm the guy who is 200-1 | :11:13. | :11:17. | |
against being the next Labour leader. The fears of Hammond tax | :11:18. | :11:30. | |
bombshell. Theresa May hints at axing the pension triple lock. | :11:31. | :11:33. | |
Philip Hammond must remember he tried to raise national insurance | :11:34. | :11:40. | |
rates, didn't he? That have to be turned around very quickly. It's | :11:41. | :11:50. | |
about who takes austerities? Is it the people who are there and can | :11:51. | :11:58. | |
withstand the attack, as it were, on the public purse? On the other end | :11:59. | :12:04. | |
you have the NHS crumbling, the idea of social care being in complete | :12:05. | :12:08. | |
meltdown. We do not change in the next five years will be in serious | :12:09. | :12:11. | |
trouble. Then we have the immigration issue. You both | :12:12. | :12:17. | |
mentioned NHS and social care. Social care is getting a boost of | :12:18. | :12:23. | |
more money. The NHS has had more money and overall spending has | :12:24. | :12:26. | |
increased. The number of people using it has also gone up. It is not | :12:27. | :12:35. | |
going to be about white van man, it is about where is my Gran. Which | :12:36. | :12:39. | |
hospital will they be in and are they safe? We do not look at certain | :12:40. | :12:49. | |
demographics. They will affect the elderly and the young who leave | :12:50. | :12:53. | |
university and cannot afford homes because they have too much student | :12:54. | :13:01. | |
debt. All we can say for certain is after the election we will all be | :13:02. | :13:06. | |
paying more tax. Whoever is in government will need to raise funds. | :13:07. | :13:12. | |
By Mac or they are not going to be too upfront about that. You cannot | :13:13. | :13:20. | |
All the subjects we were talking All the subjects we were talking | :13:21. | :13:24. | |
about have not been Brexit, have they? Brexit this, Brexit that. It | :13:25. | :13:33. | |
felt lame and tired. It is like the visit to the dentist. Now, suddenly, | :13:34. | :13:40. | |
the election is coming alive on a whole lot of issues. There will be a | :13:41. | :13:47. | |
whole lot more. Don't you think it would be that the Liberal Democrats | :13:48. | :13:51. | |
will try to talk about the idea of a softening Brexit. The Lib Dems would | :13:52. | :13:56. | |
talk about the idea of getting back into Europe with a second | :13:57. | :13:59. | |
referendum. They see a market for their policy. | :14:00. | :14:11. | |
The Lib Dems have nine MPs. 56 the last time. Let's have a look at the | :14:12. | :14:21. | |
times. A different story. President Trumper 's EU ahead of Britain in | :14:22. | :14:29. | |
trade Q. Merkel lands Brexit victory for Brussels. Didn't Donald Trump | :14:30. | :14:35. | |
say that Brexit was great for Britain. President Obama put us at | :14:36. | :14:42. | |
the back of the queue. The warning from the president Obama | :14:43. | :14:46. | |
Administration, we love you guys. Countries like to deal with the EU | :14:47. | :14:52. | |
as a bloc. It took seven years for Canada to negotiate a deal with the | :14:53. | :14:59. | |
EU. The whole idea, if we are sophisticated enough, what will we | :15:00. | :15:04. | |
do? Sail around on the yacht Britannia and try and individually | :15:05. | :15:07. | |
knock on doors to ensure that we are trading with countries of the world. | :15:08. | :15:15. | |
In the times they are going on a different line. Knocking on doors is | :15:16. | :15:20. | |
what we have been doing. Boris says we're going to get a deal. In | :15:21. | :15:27. | |
Washington, they held hands and it looked good for a while. Now, back | :15:28. | :15:34. | |
of the queue again. Angela Merkel has whispered into the year of | :15:35. | :15:38. | |
Donald Trump at this transatlantic trade partnership which was giving | :15:39. | :15:46. | |
us all last year. She said, it is not going to be that complicated. | :15:47. | :15:50. | |
Donald Trump likes the deal and he likes a deal is simple. What will | :15:51. | :15:55. | |
this do for the argument that we should retain membership of the | :15:56. | :16:00. | |
single market if it is going to be more difficult to negotiate trade | :16:01. | :16:04. | |
deals from outside? The analogy is, if I want to go and get all of my | :16:05. | :16:09. | |
shopping in one place, I'm not going to walk down the high street to the | :16:10. | :16:14. | |
fishmongers, the greengrocers, and the butchers. I want to go to one | :16:15. | :16:21. | |
place to collect it all. The way the market forces have been moving over | :16:22. | :16:27. | |
the past with industrialisation, the whole idea that the trade body will | :16:28. | :16:30. | |
come together and deal with it. We cannot expect in this day and age | :16:31. | :16:37. | |
that we are like Japan or Singapore. We Britain. We have to be part of | :16:38. | :16:45. | |
the market. You're beginning to sound like a remoaner. The British | :16:46. | :17:01. | |
argument is two things. The way our trade has adjusted from industrial | :17:02. | :17:06. | |
times to today is how we have industrialised as a nation. We have | :17:07. | :17:09. | |
links already with the Commonwealth. The Commonwealth has always found it | :17:10. | :17:15. | |
good to use us as an entry point to the EU. The whole issue now, if | :17:16. | :17:27. | |
we're proud of that, -- out of it, what influence to rehab? We are just | :17:28. | :17:38. | |
the outside. Let us have a look at the i. You are sniggering in my ear! | :17:39. | :17:48. | |
I'm just going through the sport process. The i is eye-catching. | :17:49. | :17:56. | |
History made, it says, green campaigners celebrate as Britain | :17:57. | :17:59. | |
plus manpower stations did not burn a single lump of coal yesterday. | :18:00. | :18:04. | |
Exactly. This is what I am saying. The whole idea of dual referendum | :18:05. | :18:14. | |
was based upon... Which one? The Scottish one. The oil price. Now it | :18:15. | :18:22. | |
has collapsed a few years later. Who would have predicted that, even five | :18:23. | :18:26. | |
years ago, that we would no longer be relying on our old friends, the | :18:27. | :18:32. | |
fossil fuels, to power this industrialised nation? Things are | :18:33. | :18:36. | |
changing quickly. If we do not keep a hold of it, we're going to get out | :18:37. | :18:46. | |
of it. Coal fuelled the Industrial Revolution and everything that came | :18:47. | :18:50. | |
with it. Here we are saying goodbye to coal. We said goodbye to coal. We | :18:51. | :18:55. | |
have learned tonnes of it to keep the lights on. We may be moving to | :18:56. | :19:02. | |
imported nuclear to keep our lights on in Britain until we build our own | :19:03. | :19:07. | |
nuclear power stations. That is why we included it. It is interesting. | :19:08. | :19:10. | |
That is it. Good evening. Some cooler weather | :19:11. | :19:34. | |
this weekend but it will be much colder next week. Despite being | :19:35. | :19:39. | |
cooler this weekend it looks as if most of us will | :19:40. | :19:40. |