:00:18. > :00:20.Hello and welcome to our look ahead to what the the papers will be
:00:21. > :00:24.With me are former Conservative MP and chairman of Bell
:00:25. > :00:25.Pottinger Political, Tim Collins, and Paul Johnson,
:00:26. > :00:39.We start with the Metro where the headline is the admission
:00:40. > :00:42.the Prime Minister is said to have made to the 1922 Committee this
:00:43. > :00:44.evening, that the party's disastrous election result was her fault.
:00:45. > :00:47.The Telegraph claims senior cabinet ministers are in talks with Labour
:00:48. > :00:50.counterparts to come up with a plan to force the government
:00:51. > :00:59.The FT focuses on the warning from the Eu's chief negotiator
:01:00. > :01:02.Michel Barnier to get on with Brexit talks, or face the prospect
:01:03. > :01:06.of the UK failing to secure a deal before the country leaves the union
:01:07. > :01:11.The i refers Theresa May's comments to the 1922
:01:12. > :01:13.Committee as her mea culpa, saying the Prime Minister
:01:14. > :01:19.pledged to stay only as long as she was wanted.
:01:20. > :01:22.The Times reports that Mrs May told Tory Mps that she was prepared
:01:23. > :01:25.to scrap further cuts to public services, in a bid to win back
:01:26. > :01:32.According to The Guardian the Prime Minister was 'contrite'
:01:33. > :01:34.at the 1922 committee meeting and that she sought to reassure back
:01:35. > :01:39.benchers more would be done to reach out to younger voters.
:01:40. > :01:41.The Daily Mirror portrays Mrs May as Princess Leia
:01:42. > :01:44.from the Star Wars films, paraphrasing the movie's famous
:01:45. > :02:01.The Daily Mail is one of the few papers not leading
:02:02. > :02:04.with the Prime Minister's meetings today, choosing instead to lead
:02:05. > :02:07.with the news a man they accuse of being an extremist has won legal
:02:08. > :02:09.aid to help fight his deportation case.
:02:10. > :02:33.Both intended to be pretty grim for the Prime Minister. John Major's
:02:34. > :02:36.press secretary, I remember this. I think The Daily Mirror was trying to
:02:37. > :02:43.be insulting, but as a star Wars fan, I think they have made two
:02:44. > :02:54.mistakes, Carrie Fisher died just a few months ago. And Princess Lela is
:02:55. > :03:04.the heroine! One of the most beloved icons, a motion picture history.
:03:05. > :03:13.Misfire on their part. Higher share of the vote than Tony Blair ever
:03:14. > :03:26.did. Lost the majority. We can move to reality. What a sound bite. Got
:03:27. > :03:32.us into the mess, will get us out of it. It has been an extraordinary 48
:03:33. > :03:39.hours. She has apologised to the Cabinet, the party, and the only
:03:40. > :03:47.silver lining seems to be the backing from Boris Johnson. I would
:03:48. > :03:53.not be getting too comfortable. Just a little short of a majority, she
:03:54. > :04:02.has got to try to make this work. She is also trapped. Trapped in an
:04:03. > :04:08.alliance, with the DUP. Going to seek substantial spending. Also
:04:09. > :04:18.making changes behind-the-scenes, and seven ministers, I think five of
:04:19. > :04:29.those are strong Remainers. This whole thing, centring on breaks it,
:04:30. > :04:35.-- Brexit, give me a stronger hand. And even the world mess then, does
:04:36. > :04:45.not do this justice. In the context of what the Times as saying, it is
:04:46. > :04:48.reality, as not having a majority and those of commerce, some of the
:04:49. > :04:52.cuts that they wanted to push through not going to be introduced.
:04:53. > :05:04.Things like the social care changes. In that respect, austerity is going
:05:05. > :05:13.to be over. No political wheel of getting it through the House of
:05:14. > :05:17.Commons. That is the political reality, the cars that have been
:05:18. > :05:20.dealt. If the Queen's Speech does not get through, the government
:05:21. > :05:26.bailing is going to get past first base? We have had stories about the
:05:27. > :05:30.ripping up of the manifesto. But as the Times has pointed out, the
:05:31. > :05:42.budget was supposed to be balanced by 2025.
:05:43. > :06:01.This is quite extraordinary. We have seen what has happened today, we
:06:02. > :06:09.have had several reasons. And perhaps we could have done a deal
:06:10. > :06:15.with the DUP. This is problematic. It could ricochet into affecting the
:06:16. > :06:22.Queen's ascot trip. The Queen is not going to be happy about that. Nobody
:06:23. > :06:31.knew what the outcome was going to be. It is hardly surprising that
:06:32. > :06:43.some plans, including the date of the Queen's speech have had to be
:06:44. > :06:50.changed. Take us to the front of the Telegraph, and then we can put at
:06:51. > :06:57.the other one. Talks about softer Brexit? It said the focus is going
:06:58. > :07:06.to be on Theresa May, and the suggestion seems to be is that
:07:07. > :07:15.Labour would seek an end to the public sector pay freeze. Theresa
:07:16. > :07:29.May, whereof this but it does seem to have Michael Gove's fingerprints.
:07:30. > :07:39.That was pretty good. It is very difficult to see this. For once, I
:07:40. > :07:45.agree. I thought he was going to be excited, talking about softer
:07:46. > :07:52.Brexit. The Labour Party, as opposition, not doing anything
:07:53. > :08:08.remotely wrong. I would not expect them to try to make the EU has been
:08:09. > :08:15.absolutely clear. Both the Labour and the Tories, 82% of the vote,
:08:16. > :08:24.have said they are going to have to change freedom of movement. Exit
:08:25. > :08:45.polls indicated that 70% and the Conservative Party,
:08:46. > :08:51.Labour are going to deliver for photos, but the Tories cannot,
:08:52. > :08:57.won't, and talk about the people who did them into Parliament. Ruth
:08:58. > :09:10.Davidson has told Theresa May that she must reach out to other
:09:11. > :09:15.parties, work with others on Brexit, suggesting dilution. We want the
:09:16. > :09:26.best possible trading relationship, tariff free. Labour has said we
:09:27. > :09:30.would actually have to have the closest possible relationship,
:09:31. > :09:36.forces possible arrangement, with the customs union, and it is already
:09:37. > :09:42.putting on the table duel for the EU nationals. It is the collaborative
:09:43. > :09:48.approach, but we're not going to much of that. David Cameron tried
:09:49. > :09:53.that, going to the EU, we will accept any deal, and we know what
:09:54. > :10:05.happened. The argument, if you offer too much at the start, effectively
:10:06. > :10:14.caving. The cards are on the table. Everybody knows this. And the clock
:10:15. > :10:20.is ticking. It has got to be finished by March 2019. I think the
:10:21. > :10:23.confrontational approach, characterising Theresa May, entirely
:10:24. > :10:35.wrong. You just talk the referendum is going to the overturned. And the
:10:36. > :10:42.delay to the Queen's speech. People getting very excited, I gather it
:10:43. > :10:49.was some confusion as to whether the speech gets written on this royal
:10:50. > :10:56.goat... But the actual reason, they have not concluded arrangements,
:10:57. > :10:59.they do not know what is going to be in the date was set seven, eight,
:11:00. > :11:13.nine weeks ago. Fed does not look good. Arlene Foster, have been
:11:14. > :11:24.rating what is in the speech. We are the United
:11:25. > :11:29.Kingdom, it is proposing to do a deal with a parliament that has got
:11:30. > :11:32.the majority of the seats in Northern Ireland, if we have the
:11:33. > :11:44.home Parliament why should they not be part of discussions? And the FT
:11:45. > :11:50.quoting Barnier, getting impatient? This shows the weakness of Theresa
:11:51. > :11:55.May, and he has said we have got to get a move on. We have had three
:11:56. > :12:03.months already. Absolutely nothing done. We have not had negotiations,
:12:04. > :12:09.talks, progress. We have got to actually get on with this, because
:12:10. > :12:22.the complications and complexities of this are absolutely immense.
:12:23. > :12:29.No consensus within the government of how to approach this. You can see
:12:30. > :12:46.that from the Remainers. U can see the readjustment. Getting excited.
:12:47. > :12:53.And in patient. He thinks basically that we just salute the European
:12:54. > :12:59.Union, we do not have Remainers in the conservative government,
:13:00. > :13:08.respecting the outcome of the referendum. It is a discussion about
:13:09. > :13:13.the terms we leave, not Remainers in that sense. Barnier seems to have
:13:14. > :13:18.forgotten, from the date of the referendum, the line from Europe was
:13:19. > :13:22.no discussion without notification. Refusing attempts to have
:13:23. > :13:27.conversations, with the commission, not talking to you until you have
:13:28. > :13:36.notified Article 50. You have highlighted this snippet. Just put
:13:37. > :13:47.this into perspective, this story is saying that for the first time since
:13:48. > :13:57.the crash of Lehman, huge, serious drop in recent months, from the
:13:58. > :14:01.global credit markets. That could indicate that we could be getting a
:14:02. > :14:07.significant downturn in the global economy. On that note, away from the
:14:08. > :14:09.politics, thank you... Don't forget you can see the front
:14:10. > :14:13.pages of the papers online