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News to the weekend, see you in a
bit. | 0:00:00 | 0:00:01 | |
Well and welcome to our look ahead
at what the papers will be bringing | 0:00:17 | 0:00:20 | |
us tomorrow morning. With me, Helen
Brand, OBE, chief executive of the | 0:00:20 | 0:00:27 | |
Association of Chartered Certified
Accountants. And Sebastian Payne, | 0:00:27 | 0:00:30 | |
correspondent at the Financial
Times. Welcome to you both. Before I | 0:00:30 | 0:00:33 | |
speak to them, let's take a look at
some of tomorrow's front pages. The | 0:00:33 | 0:00:36 | |
Daily Mail calls people to rejoice.
We are our way. The Telegraph hails | 0:00:36 | 0:00:42 | |
the price of freedom from all the
stories about Brexit you'll be | 0:00:42 | 0:00:47 | |
surprised to hear. The express talks
of a huge Brexit at last. Mae | 0:00:47 | 0:00:53 | |
bounces back, that's what the Times
runs with. The 2-1 headline, Britain | 0:00:53 | 0:00:59 | |
sets course for a soft Brexit. The
Financial Times itself strikes a | 0:00:59 | 0:01:04 | |
cautious tone noting Donald Tusk's
warnings on tough choices ahead are | 0:01:04 | 0:01:08 | |
all around. The daily Mirror
describes Theresa May as Mrs Softy. | 0:01:08 | 0:01:15 | |
The Guardian notes the European
Union warning there might be delays | 0:01:15 | 0:01:17 | |
to a final Brexit deal. OK, let's
get started on papers. Alan, you | 0:01:17 | 0:01:30 | |
lead us off with the Daily Mail.
There is a Theresa May hand, a | 0:01:30 | 0:01:35 | |
Claude Junker hand shaking. | 0:01:35 | 0:01:41 | |
It seems a little over the top. I'm
not sure rejoice is necessarily the | 0:01:41 | 0:01:46 | |
word the business world will be
using I think relief is probably | 0:01:46 | 0:01:49 | |
more along the lines. It's more
about losing control of its borders | 0:01:49 | 0:01:56 | |
and money. The relief in the
business world is more about there | 0:01:56 | 0:02:00 | |
being movement, that we are moving
forward. Because you want to get on, | 0:02:00 | 0:02:03 | |
business wants to get to the trade
talks. We know business confidence | 0:02:03 | 0:02:07 | |
has been severely knocked by the
insurgency around Brexit. In our | 0:02:07 | 0:02:12 | |
global economic conditions, the UK
and Irish members, it's been reduced | 0:02:12 | 0:02:17 | |
by half in the past year. It was all
linked to Brexit and lack of | 0:02:17 | 0:02:22 | |
certainty around the transition
period. That the hard border | 0:02:22 | 0:02:26 | |
possibility... Actually, regulatory
governance was something that came | 0:02:26 | 0:02:30 | |
up quite often with members in terms
of what's worrying them moving | 0:02:30 | 0:02:34 | |
forward. All of those things are
starting to be addressed. More | 0:02:34 | 0:02:37 | |
importantly we can get down to the
detail of the trade agreements. If | 0:02:37 | 0:02:42 | |
we unravel those, those three
things, borders, laws and money, | 0:02:42 | 0:02:47 | |
nothing particularly nailed down.
Generalities is what we've got, | 0:02:47 | 0:02:50 | |
isn't it was indeed. What we've
heard today is an Brexit on the 30th | 0:02:50 | 0:02:57 | |
of March 2019, not much is going to
change, we'll still be handing over | 0:02:57 | 0:03:00 | |
big sums of money, there will still
be free movement of people. The laws | 0:03:00 | 0:03:05 | |
are still going to be mirrored
what's happening in Europe the | 0:03:05 | 0:03:09 | |
foreseeable future. It means nothing
changes but for all those people who | 0:03:09 | 0:03:14 | |
voted for a radical shake-up of our
politics, I don't think it's quite | 0:03:14 | 0:03:18 | |
what they had in the deal put
forward today, there is talk of the | 0:03:18 | 0:03:24 | |
European Court of Justice having
jurisdiction for eight years after | 0:03:24 | 0:03:27 | |
exits day. In political terms, next
century, might as well be. Two | 0:03:27 | 0:03:32 | |
parliaments away from where we stand
now. A lot of compromises here. If | 0:03:32 | 0:03:37 | |
you think a lot of the bellicose
rhetoric we had during the | 0:03:37 | 0:03:41 | |
referendum campaign, it's all been
calmed down, cooler heads | 0:03:41 | 0:03:43 | |
prevailing. The European Court of
Justice has been a compromise on the | 0:03:43 | 0:03:48 | |
European side. They saw that in
perpetuity, there would be some | 0:03:48 | 0:03:53 | |
recourse to the European Court of
Justice. There has been some | 0:03:53 | 0:03:56 | |
compromise on both sides. To your
own paper, Sebastian, as you say, it | 0:03:56 | 0:04:05 | |
seems a little less wildly
enthusiastic. Mae blunted by Donald | 0:04:05 | 0:04:09 | |
Tusk warning on tough choices ahead.
Are we saying this was quite a... | 0:04:09 | 0:04:15 | |
Victory isn't the word, a
breakthrough. The next it will be | 0:04:15 | 0:04:19 | |
terribly difficult. That is the
editorial inside our paper tomorrow, | 0:04:19 | 0:04:24 | |
says exactly that, it's been a tough
battle to get here and Theresa May | 0:04:24 | 0:04:28 | |
has done very well. Also to bring
her party with her on this journey | 0:04:28 | 0:04:31 | |
because she's had this coalition of
Brexit is and Remainers who have | 0:04:31 | 0:04:36 | |
different views on whether country
should head. Everybody today was | 0:04:36 | 0:04:39 | |
giving this is the nod, saying this
is a good deal. The tough stuff | 0:04:39 | 0:04:44 | |
comes on the trade negotiations
because a lot of Brexit supporters | 0:04:44 | 0:04:47 | |
have been holding fire because they
really want that final clean break | 0:04:47 | 0:04:52 | |
in 2021, 2022. Willing to accept
handing over money, free movement of | 0:04:52 | 0:05:00 | |
people, some ECA jurisdiction. They
will want a clean, final break. | 0:05:00 | 0:05:05 | |
Making that work is going to be
tough. This is what Donald Tusk said | 0:05:05 | 0:05:10 | |
today, the divorce is done. It's
hard to divorce something, but even | 0:05:10 | 0:05:13 | |
harder to build a future
relationship. We've had a tense 48 | 0:05:13 | 0:05:17 | |
hours in British politics. A lot
more of those tense moments before | 0:05:17 | 0:05:21 | |
this process is over. If one was to
say this is leading us towards a | 0:05:21 | 0:05:26 | |
soft Brexit in headline terms, do
you think... I don't think that's | 0:05:26 | 0:05:31 | |
unfair when you look at the reality
of what has been agreed, it is | 0:05:31 | 0:05:34 | |
softer than harder. What has been
negotiated around the Irish border | 0:05:34 | 0:05:39 | |
issue does look like that. Can you
come friend what it's really about? | 0:05:39 | 0:05:46 | |
It seems everybody has a slightly
different view of what it means. | 0:05:46 | 0:05:49 | |
There seems to be a common view
about trying to maintain the status | 0:05:49 | 0:05:54 | |
quo for citizens of Northern
Ireland, in terms of trade and | 0:05:54 | 0:05:57 | |
access and no imposition of a
border. I don't think we seen the | 0:05:57 | 0:06:02 | |
detail, you hear that coming from
the DUP. In terms of wanting to see | 0:06:02 | 0:06:06 | |
that detail. They don't want a
different solution from the rest of | 0:06:06 | 0:06:11 | |
the United Kingdom. Interesting
today, both the pound and shares | 0:06:11 | 0:06:17 | |
went up, which would indicate the
business world feels it is in the | 0:06:17 | 0:06:24 | |
right direction. A bit of relief.
Its major news, people picking their | 0:06:24 | 0:06:32 | |
way through it. Helen, perhaps you
can start this one, May bounces | 0:06:32 | 0:06:38 | |
back. Fair enough. It's when you
come to the little headlines, | 0:06:38 | 0:06:42 | |
rejuvenated PM to confront Johnson
an Brexit. For those of us who might | 0:06:42 | 0:06:45 | |
have forgotten where Boris stands,
what is this about? Boris wants a | 0:06:45 | 0:06:50 | |
clean break at some point. The
Foreign Secretary. I don't know him | 0:06:50 | 0:06:55 | |
personally, so Foreign Secretary. He
wants a clean break. He's going to | 0:06:55 | 0:07:05 | |
compromise elements now with the
endgame in mind. It's been the big | 0:07:05 | 0:07:08 | |
issue, the Cabinet hasn't discussed
the endgame. Buoyed by the success | 0:07:08 | 0:07:15 | |
of the last 24 hours, saying we're
going to have this discussion now. | 0:07:15 | 0:07:21 | |
We can all aim for a common vision
of what Brexit means. The Times | 0:07:21 | 0:07:30 | |
reported December 19 will be the
first time the Cabinet is sitting | 0:07:30 | 0:07:34 | |
down and saying, what does Brexit
means Brexit actually mean in | 0:07:34 | 0:07:37 | |
practice? How long after the
referendum is this? A year and a | 0:07:37 | 0:07:43 | |
half. The key thing is, the reason
they haven't had this discussion is | 0:07:43 | 0:07:47 | |
because there is no agreement, this
is where the real divergences. As | 0:07:47 | 0:07:51 | |
you were saying, Boris wants that
clean break have to like Liam Fox | 0:07:51 | 0:07:56 | |
and Michael Gove, people like Philip
Hammond and Amber Rudd what a much | 0:07:56 | 0:08:00 | |
closer relationship with the EU.
Finding a compromise between those | 0:08:00 | 0:08:04 | |
will be quite difficult. In the
Times story they've said this | 0:08:04 | 0:08:08 | |
meeting is not going to be about
shouting, trying to win arguments, | 0:08:08 | 0:08:11 | |
it'll be about everybody laying out
their positions and explaining where | 0:08:11 | 0:08:16 | |
they come from. The key figure in
this will be Michael Gove. Doing the | 0:08:16 | 0:08:22 | |
broadcast around speaking on behalf
of the Prime Minister this morning. | 0:08:22 | 0:08:25 | |
The man talking about taking back
control, the Democratic | 0:08:25 | 0:08:28 | |
liberalisation of a concept he's the
one saying it's great giving £35 | 0:08:28 | 0:08:33 | |
billion to the EU, just what we
wanted. Which way he falls on this | 0:08:33 | 0:08:37 | |
decision, do we remain close to
Europe or go far away? He'll be the | 0:08:37 | 0:08:41 | |
deciding factor on how you broker
the second phase of the talks. This | 0:08:41 | 0:08:46 | |
indicates more about what Mrs May's
position is. If she is softer... The | 0:08:46 | 0:08:53 | |
story says she wants to confront
Boris Johnson on this issue. She is | 0:08:53 | 0:08:59 | |
clear in her is interesting. I don't
think we've had back clarity until | 0:08:59 | 0:09:04 | |
now. It's amazing when you began
this week, in a weak position Mrs | 0:09:04 | 0:09:09 | |
May was in. On Monday she was meant
to do the deal, it fell apart, she | 0:09:09 | 0:09:12 | |
had to take a quick phone call from
Arlene Foster of the DUP who said | 0:09:12 | 0:09:17 | |
she would block the deal. There was
talk of her being gone by Christmas, | 0:09:17 | 0:09:20 | |
couldn't last the week, now she's
bounced back. Even now there is talk | 0:09:20 | 0:09:24 | |
she will hold the reshuffle, to
bring more life into her Cabinet. Is | 0:09:24 | 0:09:31 | |
it likely in the present scenario?
One might think she wants things to | 0:09:31 | 0:09:35 | |
settle down. You think reshuffle is
likely? She does want to have a | 0:09:35 | 0:09:39 | |
reshuffle and has wanted to do so
since the June election. Bit by bit | 0:09:39 | 0:09:42 | |
she has lost more and more political
capital and gain some of the budget, | 0:09:42 | 0:09:46 | |
the first budget in who knows how
long, that didn't fall apart the day | 0:09:46 | 0:09:51 | |
after. She's now got this deal, bit
by bit getting stronger. I think if | 0:09:51 | 0:09:58 | |
she's going to sack some people,
promote some people, before the end | 0:09:58 | 0:10:02 | |
of the year, it's a pretty good
time. There was talk Philip and the | 0:10:02 | 0:10:08 | |
Chancellor would be moved aside. As
you say, his budget has done rather | 0:10:08 | 0:10:12 | |
well. I haven't heard the business
world complaining about it, pretty | 0:10:12 | 0:10:15 | |
unusual. No, I think the business
world, again, as long as certainty, | 0:10:15 | 0:10:20 | |
stability, is welcome as well. The
idea of who is leading, what they | 0:10:20 | 0:10:26 | |
are leading on, is quite important.
Sorry... I do think... There is this | 0:10:26 | 0:10:33 | |
moment of strength, that's the
point. Coming forward we'll get into | 0:10:33 | 0:10:38 | |
more detail and it'll get really
difficult which is what your | 0:10:38 | 0:10:40 | |
newspaper said. It's not going to be
simple. Michael Gove has written in | 0:10:40 | 0:10:47 | |
the Telegraph... You spotted,
seeming terribly enthusiastic, some | 0:10:47 | 0:10:53 | |
might say a slight reversal of where
he was before, it's near the end | 0:10:53 | 0:10:57 | |
you've spotted what you think is a
golden nugget. Indeed, possibly. | 0:10:57 | 0:11:01 | |
Michael Gove has written an opinion
piece which explains what a | 0:11:01 | 0:11:05 | |
wonderful deal this is, the best
deal Donald Trump might say. In the | 0:11:05 | 0:11:09 | |
end, an interesting sentence about
this exit proposal, saying it's a | 0:11:09 | 0:11:14 | |
British people dislike the
arrangement we've negotiated with | 0:11:14 | 0:11:15 | |
the EU, the arranged... The
agreement will allow a future | 0:11:15 | 0:11:20 | |
government to diverged. What he's
saying is... It will not buy into | 0:11:20 | 0:11:25 | |
the UK hands to follow that
trajectory for evermore. Let's say | 0:11:25 | 0:11:29 | |
we had a soft deal and it wasn't
working, the Tory government would | 0:11:29 | 0:11:33 | |
get a looser, have a hard Brexit. Or
a future government might come along | 0:11:33 | 0:11:39 | |
and say, this isn't working, maybe
we should go back into the EU. This | 0:11:39 | 0:11:43 | |
is a very significant thing for
Michael Gove, essentially saying | 0:11:43 | 0:11:46 | |
even though we thought the Brexit
question was closed and done, it's | 0:11:46 | 0:11:50 | |
in the hands of the people. He says
the agreement will allow... He's | 0:11:50 | 0:11:55 | |
saying this is built into the
agreement. Which I've not seen | 0:11:55 | 0:11:58 | |
highlighted today. | 0:11:58 | 0:11:59 | |
Nigel Farage will have something
sharp to say about that. To put it | 0:12:01 | 0:12:05 | |
mildly. One thing to note about Mr
Gove, one of the reasons he's being | 0:12:05 | 0:12:09 | |
ultra-loyal, like Mr Johnson, who's
been more of a troublemaker, Mr Gove | 0:12:09 | 0:12:12 | |
is desperate to be Chancellor, that
is the job you'll really want. If | 0:12:12 | 0:12:16 | |
he's very loyal and shows himself
politically astute, come the | 0:12:16 | 0:12:20 | |
reshuffle, maybe the hapless,
slightly hapless Mr Hammond might | 0:12:20 | 0:12:22 | |
get moved aside, that's what he's
hoping anyway. Thank you for all | 0:12:22 | 0:12:27 | |
that. It is like a cunning plan.
Let's move on to other matters. | 0:12:27 | 0:12:32 | |
Funnily enough the sun has it quite
prominently, for them anyway. Trump | 0:12:32 | 0:12:40 | |
frenzy it talks about. Sebastian,
remind us what this is all about and | 0:12:40 | 0:12:44 | |
why it's so important. One of his
campaign promises this week was to | 0:12:44 | 0:12:49 | |
move the US embassy from Tel Aviv to
Jerusalem. And acknowledge Jerusalem | 0:12:49 | 0:12:53 | |
is the capital city. This was a
policy instigated by Congress in | 0:12:53 | 0:12:59 | |
1996, but it's so explosive that no
US president has ever enacted every | 0:12:59 | 0:13:03 | |
six months they just ignore it and
sign it. Mr Trump promised to do | 0:13:03 | 0:13:08 | |
this and has fulfilled on this work
against the advice of all his | 0:13:08 | 0:13:12 | |
allies, everyone in Nato, Theresa
May, the EU said don't do this, you | 0:13:12 | 0:13:16 | |
will inflame tensions. He said no,
we've got to do it, it's the right | 0:13:16 | 0:13:19 | |
thing to do. What a surprise, we've
had tensions. You can see pictures | 0:13:19 | 0:13:23 | |
in the son of the Israeli flag
burned. Demonstrations at the London | 0:13:23 | 0:13:27 | |
embassy. One Palestinian protester
shot and killed in these protests. I | 0:13:27 | 0:13:35 | |
think it'll be a tinderbox for this
outlandish decision. Mr Trump took | 0:13:35 | 0:13:43 | |
this decision largely because he
said he would. Whatever people think | 0:13:43 | 0:13:46 | |
of him as president, he gets reviled
on so many levels, but actually he | 0:13:46 | 0:13:51 | |
said he would do it and promised his
supporters in the United States he | 0:13:51 | 0:13:56 | |
would. He said the same on his
taxation reforms. He is so... | 0:13:56 | 0:14:01 | |
Pre-election there was talk of him
not following through on these crazy | 0:14:01 | 0:14:05 | |
ideas. That was the received wisdom.
That isn't what happened, is gone | 0:14:05 | 0:14:11 | |
for his campaign promises and is
very keen to keep his constituency | 0:14:11 | 0:14:15 | |
happy. That is ignoring what his
allies and diplomacy and all normal | 0:14:15 | 0:14:24 | |
forms a baby you expect from the US
president. State Department and so | 0:14:24 | 0:14:29 | |
one as well. You mentioned the
business of tax cuts. That seems to | 0:14:29 | 0:14:36 | |
have gone down very well again with
business generally. Is that an | 0:14:36 | 0:14:41 | |
important marker for the future do
you think? From America? I certainly | 0:14:41 | 0:14:47 | |
think that is Trump's focus, it's
about being able to do business, | 0:14:47 | 0:14:52 | |
sometimes I think it's about his
businesses being able to do... | 0:14:52 | 0:14:56 | |
Particularly tax cuts. They feel
they've lost a lot of business to | 0:14:56 | 0:15:06 | |
other jurisdictions that have made
the same kind of tax regimes, so | 0:15:06 | 0:15:09 | |
yeah, you can see why he's doing
that. Indeed. This is for his core | 0:15:09 | 0:15:14 | |
voters, who the reason they went for
Mr Trump over Hillary Clinton was | 0:15:14 | 0:15:17 | |
because they thought, here is a guy
who says it like it is, a proven do | 0:15:17 | 0:15:21 | |
he cuts deals, he'll get things
done. Exactly what he's doing. When | 0:15:21 | 0:15:25 | |
it comes to his election there will
be a lot of outrage and his policies | 0:15:25 | 0:15:30 | |
that have been discriminatory,
helping big business. To a lot of | 0:15:30 | 0:15:33 | |
those caught Trump supporters, he
promised to build the wall and has | 0:15:33 | 0:15:36 | |
built some of it. He promised to
move the embassy. It to put in a | 0:15:36 | 0:15:41 | |
travel ban and has done that. He is
a doer of deals. Jerusalem wasn't a | 0:15:41 | 0:15:48 | |
deal, it was a unilateral
announcement. I think that is the | 0:15:48 | 0:15:51 | |
worry, that he's taking no notes. He
really doesn't carry people with | 0:15:51 | 0:15:58 | |
him, that's the very distressing
thing about the president. One story | 0:15:58 | 0:16:03 | |
we can't avoid, front page of the
daily Mirror, thrills and chills, | 0:16:03 | 0:16:06 | |
stowing a lot. Observation I would
make it is a bit early for snow | 0:16:06 | 0:16:11 | |
isn't it? Callum McRae yes. Do you
like snow? I like to look at it | 0:16:11 | 0:16:17 | |
rather than be in it. You won't be
tobogganing down the hill like the | 0:16:17 | 0:16:20 | |
little girl or boy on the front. I
don't think we'll see snow in London | 0:16:20 | 0:16:24 | |
but the rest of the country should
have some fun. I hope it's positive | 0:16:24 | 0:16:28 | |
for the children. Not fun for the
children who lose electricity. | 0:16:28 | 0:16:32 | |
Coming up to Christmas I imagine it
is the last thing... They don't deal | 0:16:32 | 0:16:37 | |
well with these things. It's about
having the infrastructure and | 0:16:37 | 0:16:42 | |
planning to recover, that we know
how to cope with this. It is where | 0:16:42 | 0:16:45 | |
the testis. We don't have to cope, I
guaranteed by Monday morning it'll | 0:16:45 | 0:16:50 | |
be train lines covered in snow,
roads blocked. As long as it's the | 0:16:50 | 0:16:54 | |
right kind of snow. The crunchy kind
of snow you can get your feet into. | 0:16:54 | 0:16:58 | |
Thank you both very much indeed,
that is it from the papers, you can | 0:16:58 | 0:17:02 | |
see the front pages of the papers
online at the BBC News website. The | 0:17:02 | 0:17:06 | |
death seven days a week. -- they are
there seven days a week. If you | 0:17:06 | 0:17:13 | |
missed the programme any week you
can watch it later on the BBC | 0:17:13 | 0:17:16 | |
iPlayer. To Helen and is --
Sebastien Buemi goodbye. | 0:17:16 | 0:17:29 | |
To Helen and Sebastian, thank you.
Goodbye. | 0:17:30 | 0:17:34 |