0:00:16 > 0:00:19Hello and welcome to our look ahead to what the papers will be
0:00:19 > 0:00:21bringing us tomorrow.
0:00:21 > 0:00:26With me are Katy Balls, political correspondent
0:00:26 > 0:00:29at The Spectator and Jim Waterson political editor at Buzzfeed UK.
0:00:29 > 0:00:32Many of tomorrow's front pages are already in.
0:00:37 > 0:00:49We have a new way of presenting them, look at this!
0:01:03 > 0:01:15The Huffington Post. The Telegraph's top story.
0:01:36 > 0:01:43The Guardian also shows DoloresO' Riordan and the rush to protect the
0:01:43 > 0:01:48jobs of Carillion employees. So a new look to The Papers. Hope you
0:01:48 > 0:01:52like it. As we focus on what Fleet Street's finest are reporting,
0:01:52 > 0:01:55hopefully it will be even easier to see how the big stories are being
0:01:55 > 0:02:00covered. We are going to start with the Financial Times. Carillion, the
0:02:00 > 0:02:08big story. We have been covering it all day. 20,000 jobs at risk. This
0:02:08 > 0:02:17is a company that had a market value of £2 billion, orders of £16
0:02:17 > 0:02:22billion. What happened?This is very bad news, but particularly for the
0:02:22 > 0:02:27Government bad news, lots of questions are being asked about why
0:02:27 > 0:02:31this company issued three profit warnings, kept being awarded all
0:02:31 > 0:02:35these contracts which has to a point the Government has insisted they're
0:02:35 > 0:02:40not going to do a bail out which is how we got to this liquidisation
0:02:40 > 0:02:44stage. They need to keep those contracts going. It's a very
0:02:44 > 0:02:47difficult spot. We have seen Chris Grayling today under a lot of
0:02:47 > 0:02:53pressure.Some of the contracts date back to Gordon Brown's time.Yeah,
0:02:53 > 0:02:57Carillion, like all the big out sources, they take these long-term
0:02:57 > 0:03:01contracts from the Government and operate on tiny profit margins.
0:03:01 > 0:03:04They're big companies and make big money but for instance take one or
0:03:04 > 0:03:08two or 3% profit margin and the only way to keep going and growing is to
0:03:08 > 0:03:13get more contracts. What Carillion's been doing is even as it was heavily
0:03:13 > 0:03:18in debt, even as it was pushing ahead it needed to keep getting more
0:03:18 > 0:03:21business so the chief executive was rewarded for getting more contracts,
0:03:21 > 0:03:24not for sorting out the existing business and making sure it could do
0:03:24 > 0:03:28the work it promised to do. You end up with this crazy situation where a
0:03:28 > 0:03:33company that was worth two billion and the key thing it was liquidated,
0:03:33 > 0:03:36not into administration, there was nothing seen worth salvaging from
0:03:36 > 0:03:43this company that only a few years ago was worth two billion.Front
0:03:43 > 0:03:47major of The Metro, Carillion's hedge funds make a mint as the
0:03:47 > 0:03:52company fails, bosses hang on to bonuses. A lot of the top staff were
0:03:52 > 0:03:58getting a lot of money while this company was crumbling.This headline
0:03:58 > 0:04:04is centring on what seems to be the injustice. The idea that obviously
0:04:04 > 0:04:08the rich stay rich and everyone else suffers. There is big questions
0:04:08 > 0:04:14here, why were they allowed to relax the rules around bonuses when they
0:04:14 > 0:04:18were issuing profit warnings? It does - I think we are going to
0:04:18 > 0:04:21discuss the Labour's argument about nationalisation, whether or not you
0:04:21 > 0:04:25accept it, because this is an example of privatisation gone wrong.
0:04:25 > 0:04:29That's the big point. The Labour Party are going to make hay with
0:04:29 > 0:04:35this. Jeremy Corbyn is already saying watershed moment, should end
0:04:35 > 0:04:39rip-off privatisation. PFI, where do you put, should you be using public
0:04:39 > 0:04:43money to pay private companies? Yeah, as you said a lot of these
0:04:43 > 0:04:47contracts date back to the New Labour era. It was a Gordon Brown
0:04:47 > 0:04:51specialty to take this stuff off the Government balance sheet, give it to
0:04:51 > 0:04:55a private company, sign a ten, 20-year deal to look after a
0:04:55 > 0:04:58hospital, provide cleaners or big infrastructure. But the great thing
0:04:58 > 0:05:02for Jeremy Corbyn is it's seen as so different so this he can get away
0:05:02 > 0:05:05with criticising something which was essentially a flagship policy of the
0:05:05 > 0:05:09last Labour Government because for most voters they view him as a
0:05:09 > 0:05:14different beast. If it was any other leader, Ed Miliband, he would be...
0:05:14 > 0:05:19Wouldn't be able to go in hard on this. For Jeremy Corbyn he can go,
0:05:19 > 0:05:23look, big primary colours, big sweeping statement, privatisation is
0:05:23 > 0:05:27bad, this is what it looks like, don't trust them, trust me instead.
0:05:27 > 0:05:34All right. The Telegraph. Horrible story. Poppi Worthington, 13 months
0:05:34 > 0:05:42old. A coroner ruled she was sexually assaulted before she died.
0:05:42 > 0:05:47This article pointing out failings of the police in this.Yeah, an
0:05:47 > 0:05:52horrific story. They've had this coroner's report which has found
0:05:52 > 0:05:58this. What is the problem is no charges were brought against Poppi's
0:05:58 > 0:06:01father and here you have the mother staying anonymous pleading for them
0:06:01 > 0:06:06to look at the police failings and try to open the case again. We have
0:06:06 > 0:06:09the local MP for the area where she was living, he said he doubts this
0:06:09 > 0:06:13is going to happen because there's been a catalogue of failures. He
0:06:13 > 0:06:17doesn't have much hope. But if there is a way, it does seem unjust that
0:06:17 > 0:06:21you could have that finding and not have a consequence in terms of the
0:06:21 > 0:06:26law.The local MP talking about a public inquiry. Maybe that's a way
0:06:26 > 0:06:29of getting at the truth of exactly what happened here.A lot will come
0:06:29 > 0:06:32down to front pages like this and how strongly the Government feels it
0:06:32 > 0:06:36needs to act as a result of a sistery like this with these
0:06:36 > 0:06:40pictures on -- with a story like this with these pictures in the
0:06:40 > 0:06:44media. It's an unusual case where you can have the CPS examine the
0:06:44 > 0:06:47file a couple of times and found that due to the police failings it
0:06:47 > 0:06:53can't prosecute. Yet to have this level of evidence in court and no
0:06:53 > 0:06:57one being arrested, obviously we can't speculate on who might be
0:06:57 > 0:07:01responsible, but the fact there are people associated with this case who
0:07:01 > 0:07:07aren't being in any way under threat of arrest or trial is astonishing.
0:07:07 > 0:07:13Indeed. Staying with The Telegraph. At the bottom a big story across the
0:07:13 > 0:07:22weekend, you are chuckling, both of you. The Ukip leader's wife refuses
0:07:22 > 0:07:29to give him her support. I wonder why.Yes, more than meets the eye in
0:07:29 > 0:07:35this headline. Ukip, the past two weekends back in the news, it's not
0:07:35 > 0:07:39a new policy announcement or anything, it was his love life.
0:07:39 > 0:07:44First a younger girlfriend, and the wife, estranged wife. Then this
0:07:44 > 0:07:48weekend The Mail's story was about seemingly racist messages by that
0:07:48 > 0:07:56girlfriend. He has had to separate ways.I think the phrase was
0:07:56 > 0:07:59romantically disengage or something along those lines.Conscious
0:07:59 > 0:08:05uncoupling.Perhaps unsurprisingly, his estranged wife...She said no,
0:08:05 > 0:08:13mate, I am not supporting you.She's not run to his rescue.A parade of
0:08:13 > 0:08:17Ukip spokespeople, half of whom I didn't know exist, who will resign
0:08:17 > 0:08:23if he doesn't resign. He's been leader for three or four months,
0:08:23 > 0:08:27depending on how many you count, he is famous for two things, saying he
0:08:27 > 0:08:29could strangle a badger with his hands and having a new girlfriend
0:08:29 > 0:08:33who may or may not have September racist messages. It's not exactly
0:08:33 > 0:08:36the media profile you want from a leader of a national political
0:08:36 > 0:08:42party.No, not really.And for being a former Lib Dem.Some might argue
0:08:42 > 0:08:46that it's no surprise his wife has decided to take the stance that she
0:08:46 > 0:08:55has.It's not even getting paid, hasn't even fot a salary.Daily dp
0:08:55 > 0:09:02express. Britain ready to cut foreign aid cash.
0:09:02 > 0:09:07The crusade to stop foreign aid madness, following srefkss and
0:09:07 > 0:09:11reports across the press -- investigations, about where foreign
0:09:11 > 0:09:17aid is spent. They're saying that the Government has - a Government
0:09:17 > 0:09:21source sparked legitimate concerns among voters.Woolly phrasing,
0:09:21 > 0:09:28though.I don't think they're saying they're going to do something, the
0:09:28 > 0:09:33general consensus, it's important to have this commitment on foreign aid,
0:09:33 > 0:09:37you want - obviously reports of money going to North Korea doesn't
0:09:37 > 0:09:42help.That doesn't really help.Some way they could fix that.Let's go to
0:09:42 > 0:09:49The Times. Labour MPs threat to quit over purge by left-wing. Big
0:09:49 > 0:09:55elections to the NEC and it would seem that the factions closest to
0:09:55 > 0:09:58MrCorbyn, the leader, obviously on the very left of the party, they've
0:09:58 > 0:10:03won out.Yeah, this is the start of the end game really. The left-wing
0:10:03 > 0:10:09of the party, when Jeremy Corbyn even in 2014, 2015 was seen as an
0:10:09 > 0:10:12obscure weird backbencher who no one would quote or put on a programme,
0:10:12 > 0:10:15he and his faction have complete control of Labour. It's over. This
0:10:15 > 0:10:19is the end game. This is what it looks like. His supporters gained an
0:10:19 > 0:10:24enormous number of votes on the NEC, 40% ahead of the centrist
0:10:24 > 0:10:29candidates. Now you have the final anonymous briefings as Labour MPs
0:10:29 > 0:10:32realising their local party might deselect them with new powers that
0:10:32 > 0:10:36could be granted to them, realise they've to work out their exit
0:10:36 > 0:10:41strategy basically. Either going to go down fighting but not even, no
0:10:41 > 0:10:46one is willing to put their name to these comments. They'll go down
0:10:46 > 0:10:52fighting, don't really want to be identified publicly.Yeah, sources.
0:10:52 > 0:10:55Is there any hope for, some would argue, moderates within the party,
0:10:55 > 0:11:04now?I think to be honest - it was obviously after picking up such a
0:11:04 > 0:11:05fight, leadership challenges to Jeremy Corbyn, obviously when they
0:11:05 > 0:11:08got a much better than expected result in the snap election, it
0:11:08 > 0:11:12wasn't really the point. Labour conference felt more like this like
0:11:12 > 0:11:16a Coronation of a leader rather than a debate about what direction the
0:11:16 > 0:11:21party should take to win enough votes to get to power. But I think
0:11:21 > 0:11:25if you start to see trigger ballots, one of the things they're worried
0:11:25 > 0:11:30about, then you will start to see them thinking that and actually the
0:11:30 > 0:11:34big kwory to the leader, although it wouldn't beat Labour, this idea of a
0:11:34 > 0:11:38centrist prohe would pro-EU party could be enough to stop Labour
0:11:38 > 0:11:44neeking ahead. You might see them trying to appease these MPs.The
0:11:44 > 0:11:48Guardian, the new look. The front page there.
0:11:48 > 0:11:53At the bottom interesting, Boris Johnson admits the £350 million bus
0:11:53 > 0:11:58claim during the EU referendum was wrong. It should have been higher.
0:11:58 > 0:12:01This is Boris Johnson doing excellent trolling winding everyone
0:12:01 > 0:12:06up.He is doing a good job.What drives them mad at the Guardian.
0:12:06 > 0:12:13Brexit!And the £350 million bus, what if I say we are not going to
0:12:13 > 0:12:17get £350 million, and he pauses, actually we are going to get more.
0:12:17 > 0:12:23Is this based on good evidence or is he winding up The Guardian.He is
0:12:23 > 0:12:28saying the £350 million was wrong because in reality it's £88 million
0:12:28 > 0:12:32because of how you calculate it and whether it's contribution will rise
0:12:32 > 0:12:36by the time of the transition period. All of these figures are so
0:12:36 > 0:12:39big that no one can ever actually pin their finger on anything which
0:12:39 > 0:12:45is why the £350 million works so well in the first place. To be fair
0:12:45 > 0:12:49it's Boris Johnson seeing his prey and playing with it and enjoying
0:12:49 > 0:12:53winding up The Guardian.Also perhaps feels that he needs to get
0:12:53 > 0:12:58out there again on the Brexit debate. MrFarage has had a bit of
0:12:58 > 0:13:01the oxygen in relation to this talk being a second referendum. MrJohnson
0:13:01 > 0:13:04in this interview I think has said yeah, there could be a second
0:13:04 > 0:13:08referendum, I don't want one, if there is one the Brexit side would
0:13:08 > 0:13:13win even more handily.Yeah, and I think there is a view lots of people
0:13:13 > 0:13:16- what Boris is trying to do here, definitely there was a frustration
0:13:16 > 0:13:20from some people in Cabinet that the positive argument for Brexit isn't
0:13:20 > 0:13:25made enough and you have to remind people of the reasons. The people on
0:13:25 > 0:13:28the other side constantly remind people of reasons why they don't
0:13:28 > 0:13:31think it was a good idea. There is - I think what is interesting about
0:13:31 > 0:13:35the NHS thing is if you didn't believe the £350 million, I don't
0:13:35 > 0:13:39think you are necessarily going to believe the 438 million. Boris
0:13:39 > 0:13:45Johnson wants to do something here, he wants to prove he didn't mislead
0:13:45 > 0:13:49voters. He missed a chance to be Prime Minister and he has to go
0:13:49 > 0:13:53Theresa May to admit to slogans, which is a hard task.Something you
0:13:53 > 0:13:56have probably heard as well, a lot of Tory MPs don't think he could be
0:13:56 > 0:14:00leader because he is perceived to have lied to the public.Indeed. And
0:14:00 > 0:14:06the NHS big in everyone's minds at the moment.
0:14:06 > 0:14:09Good to see you, thank you. And the new improved papers.Wonderful
0:14:09 > 0:14:16looking. Even better.Even better than The New Guardian. No, no. You
0:14:16 > 0:14:20can see all the front pages online on the BBC news website. It's there
0:14:20 > 0:14:25seven days a week. If you missed the programme you can
0:14:25 > 0:14:29see it again on iPlayer. Thank you again.
0:14:29 > 0:14:33Thank you for watching. Hope you enjoyed our new improved version.
0:14:33 > 0:14:37All the best.