21/04/2017 The Papers


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Hello and welcome to our look ahead to what the the papers will be


With me are Torcuil Crichton, Political Editor at The Daily


Record, and the barrister and broadcaster, Sophia Cannon.


She is in a very politically neutral coloured dress tonight.


Tomorrow's front pages, starting with...


The Financial Times says there's alarm within Downing Street


as the Chancellor has hinted he wants to scrap the


The Mirror also leads with the Chancellors comments.


It says it could mean an increase in VAT or income tax.


The Times headlines sources in Washington who have told


the paper that President Trump is prioritising striking a trade


The Independent has an exclusive with a former British


judge, who warns the Government is displaying "invisible


ignorance" in thinking they can free the country


The Daily Mail warns of a new mortgage price war


The Sun also warns of tax rises and pension cuts


It also says there could be an increase in overseas aid.


In the Express, the Prime Minister is to reject a fresh call from


Brussels to give rights to EU citizens currently living in the UK.


The Guardian leads with presidential elections in France and the


heightened security at polling stations which open tomorrow amid


yesterday's tack in Paris. Let's begin with a reflection on what has


been happening in the election campaign after the announcement of


the snap election earlier in the week which took everyone by


surprise, not least the Conservative Party. The daily Mirror is where we


will begin. More election U-turn. Tonsil suggests he will drop the


2015 pledged not to hike taxes. -- the Chancellor suggests. I think he


has said he wants more flexibility. This is meant to be the Brexit


election and it is tax on every paper all day today and all day


tomorrow. It will be a tax election this weekend. The Tories want to


drop this tax bombshell on Labour. It has bounced back. Philip Hammond


has said he will have to raise taxes. We know he will have to raise


taxes and he has said that the 80 could go up. Why would the daily


Mirror go on the 80? That is because it hits the poor harder than the


rich. They spent about 10% of their VAT -- income on VAT. If you took


some people out of tax, it would lower the rates for higher earners.


Indeed. The issue here is that the Tories have always been the party of


fiscal firmness. They have always been the party where you think the


economy is in safe hands. It is not economy is in safe hands. It is not


the case. It is now appearing that the Labour Party could be right,


that the Tory Party is going to hit white Van man right where it hurts,


right at the exhaust pipe and ensure that he is paying more tax on a


whole. This is the whole issue. We are being appalled by two strong


forces, demographic change and the need to raise taxes in this post


Brexit world. By the Conservatives to get hot under the collar when


people say the economy is not faring as well as it could under them. We


have seen since EE referendum the economy has been faring pretty well.


Brexit has not happened yet. Another reason to have an early election


before the pain of Brexit hits. The Tories reputation, Philip Hammond


tried to raise taxes in his budget, his first budget as Chancellor and


tried to put up national insurance. That was a bomb in itself was that


it fell apart within days. One reason is they have to escape, they


have to escape from the 2015 manifesto. David Cameron thought the


Tories would not be in power. They promised no tax increases, no


national insurance increases at all during the lifetime of the


parliament. That cannot happen when you have a social care crisis. The


NHS is falling apart, education in England and Scotland as well. The


other thing which is interesting, those of us long enough in the tooth


to remember the bombshell imagery used by the Conservatives in an


election some years ago saying that Labour were about to drop it. They


are turning that on its head. They are waiting to find out whether


Labour can trumpet. In the last election they tried to say they


would follow the Tory tax spending plan and the issue here is whether


Labour will come out tomorrow and say they are. They have already


broken that orthodoxy. John McDonnell, the Shadow Chancellor,


has said, if you are rich, we are coming to get you. By Richie means


70,000. 70,000 does not seem rich to me. If you are earning 20... Most


people earn between 20 and 30,000. If you earn 70,000, you are rich. It


says pay and this may. Tories ready to hit white van man. The Labour


Party has said they will keep the triple lock. We do not know whether


Theresa May well. Foreign aid will be increased. How far it will be


increased, we do not know. There was a question earlier in the week about


whether .7% of GDP for foreign aid would be maintained. This was


wonderful. It showed global politics at its best and worst. Bill Gates


came in and said, hold on a minute, you started the whole philanthropic


movement to support countries that need to trade, need aid in order to


so do, and also to increase the life expectancy. And indeed lowering


poverty across the world. That has been increased. That is one of the


major forces of capitalism. It has lowered global poverty. If we are


now saying to the world, hold on a minute, we are tightening our purse


strings were not give aid anymore. What does that say to other


countries and what does that say about ourselves? As British we have


pledged to hold firm on this. To say that .7 of our GDP is not that much.


But she is saying is, hold on a minute, I'll be spending it


correctly, in the right places, the right spaces. Are we giving on a


macro level, it should be beginning on a micro level? As Britons, we


need to acknowledge that. She has been firm on that. The manifestos


will tell us where they stand. They'll be hastily written as we


write scripts for this programme tonight. There is a short space of


time to get the policies out. Theresa May is being pushed around,


mostly by the media and the Telegraph. .7% is a terrible waste


of money abroad when schools are collapsing in Britain. The


counterargument is .7% is a minuscule amount to spend abroad. Is


something Britain used to do so well. We might find ourselves who do


get a bit raw hard power. At least Theresa May has come out and said it


sticks. Sun readers earn quite a bit less than the average wage will stop


it has no, no, no. The Sunnis against any increase in VAT, getting


rid of the pension law. The sun is against. The triple lock might not


disappear entirely. They might get rid of one of the locks. The triple


lock is average earnings. It is 2.5%, or the rate of inflation,


whichever is the high. Letters not forget, there is a cohort of women


who are in the late 50s, early 60s, who have already been slapped either


government. This is causing hardship for our mothers, our auntie 's, our


grandmas. It is the whole idea that pension in itself should not be


touched. It is already being chipped away at the edges, who is receiving


it and whether it is guaranteed in certain forms. Eye-macro I am


talking to my fellow near pensioner here. Speak for yourself. I will be


working for a few years yet. We will face a demographic time bomb.


There'll be no such thing as a lock because there will no door. Pensions


have a triple lock. They are the biggest group that votes but also


the group that has been best off in the last eight years. Pensioners, on


the whole, have seen their lot improved. With the announcement they


are making, given foreign aid is unpopular with some voters and the


pension lock is popular, how much of these small details we have got so


far is a function of the fact the Conservatives, in the opinion polls


have such a big lead they feel they can afford to take that chance? Is


it confidence or arrogance? Six weeks to go. A lock can happen. OK,


the Tories of 48-24 in the polls. People say he has no chance to win.


The first round has been OK. They said he could not win the


leadership. He turned the polls around quite sharply. He is so far


behind in the polls. 48-24 in the polls. I'm the guy who is 200-1


against being the next Labour leader. The fears of Hammond tax


bombshell. Theresa May hints at axing the pension triple lock.


Philip Hammond must remember he tried to raise national insurance


rates, didn't he? That have to be turned around very quickly. It's


about who takes austerities? Is it the people who are there and can


withstand the attack, as it were, on the public purse? On the other end


you have the NHS crumbling, the idea of social care being in complete


meltdown. We do not change in the next five years will be in serious


trouble. Then we have the immigration issue. You both


mentioned NHS and social care. Social care is getting a boost of


more money. The NHS has had more money and overall spending has


increased. The number of people using it has also gone up. It is not


going to be about white van man, it is about where is my Gran. Which


hospital will they be in and are they safe? We do not look at certain


demographics. They will affect the elderly and the young who leave


university and cannot afford homes because they have too much student


debt. All we can say for certain is after the election we will all be


paying more tax. Whoever is in government will need to raise funds.


By Mac or they are not going to be too upfront about that. You cannot


All the subjects we were talking All the subjects we were talking


about have not been Brexit, have they? Brexit this, Brexit that. It


felt lame and tired. It is like the visit to the dentist. Now, suddenly,


the election is coming alive on a whole lot of issues. There will be a


whole lot more. Don't you think it would be that the Liberal Democrats


will try to talk about the idea of a softening Brexit. The Lib Dems would


talk about the idea of getting back into Europe with a second


referendum. They see a market for their policy.


The Lib Dems have nine MPs. 56 the last time. Let's have a look at the


times. A different story. President Trumper 's EU ahead of Britain in


trade Q. Merkel lands Brexit victory for Brussels. Didn't Donald Trump


say that Brexit was great for Britain. President Obama put us at


the back of the queue. The warning from the president Obama


Administration, we love you guys. Countries like to deal with the EU


as a bloc. It took seven years for Canada to negotiate a deal with the


EU. The whole idea, if we are sophisticated enough, what will we


do? Sail around on the yacht Britannia and try and individually


knock on doors to ensure that we are trading with countries of the world.


In the times they are going on a different line. Knocking on doors is


what we have been doing. Boris says we're going to get a deal. In


Washington, they held hands and it looked good for a while. Now, back


of the queue again. Angela Merkel has whispered into the year of


Donald Trump at this transatlantic trade partnership which was giving


us all last year. She said, it is not going to be that complicated.


Donald Trump likes the deal and he likes a deal is simple. What will


this do for the argument that we should retain membership of the


single market if it is going to be more difficult to negotiate trade


deals from outside? The analogy is, if I want to go and get all of my


shopping in one place, I'm not going to walk down the high street to the


fishmongers, the greengrocers, and the butchers. I want to go to one


place to collect it all. The way the market forces have been moving over


the past with industrialisation, the whole idea that the trade body will


come together and deal with it. We cannot expect in this day and age


that we are like Japan or Singapore. We Britain. We have to be part of


the market. You're beginning to sound like a remoaner. The British


argument is two things. The way our trade has adjusted from industrial


times to today is how we have industrialised as a nation. We have


links already with the Commonwealth. The Commonwealth has always found it


good to use us as an entry point to the EU. The whole issue now, if


we're proud of that, -- out of it, what influence to rehab? We are just


the outside. Let us have a look at the i. You are sniggering in my ear!


I'm just going through the sport process. The i is eye-catching.


History made, it says, green campaigners celebrate as Britain


plus manpower stations did not burn a single lump of coal yesterday.


Exactly. This is what I am saying. The whole idea of dual referendum


was based upon... Which one? The Scottish one. The oil price. Now it


has collapsed a few years later. Who would have predicted that, even five


years ago, that we would no longer be relying on our old friends, the


fossil fuels, to power this industrialised nation? Things are


changing quickly. If we do not keep a hold of it, we're going to get out


of it. Coal fuelled the Industrial Revolution and everything that came


with it. Here we are saying goodbye to coal. We said goodbye to coal. We


have learned tonnes of it to keep the lights on. We may be moving to


imported nuclear to keep our lights on in Britain until we build our own


nuclear power stations. That is why we included it. It is interesting.


That is it. Good evening. Some cooler weather


this weekend but it will be much colder next week. Despite being


cooler this weekend it looks as if most of us will


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