15/01/2018 The Papers


15/01/2018

No need to wait until tomorrow morning to see what's in the papers - tune in for a lively and informed conversation about the next day's headlines.


Similar Content

Browse content similar to 15/01/2018. Check below for episodes and series from the same categories and more!

Transcript


LineFromTo

Hello and welcome to our look ahead

to what the papers will be

0:00:160:00:19

bringing us tomorrow.

0:00:190:00:21

With me are Katy Balls,

political correspondent

0:00:210:00:26

at The Spectator and Jim Waterson

political editor at Buzzfeed UK.

0:00:260:00:29

Many of tomorrow's front

pages are already in.

0:00:290:00:32

We have a new way of presenting

them, look at this!

0:00:370:00:49

The Huffington Post. The Telegraph's

top story.

0:01:030:01:15

The Guardian also shows DoloresO'

Riordan and the rush to protect the

0:01:360:01:43

jobs of Carillion employees. So a

new look to The Papers. Hope you

0:01:430:01:48

like it. As we focus on what Fleet

Street's finest are reporting,

0:01:480:01:52

hopefully it will be even easier to

see how the big stories are being

0:01:520:01:55

covered. We are going to start with

the Financial Times. Carillion, the

0:01:550:02:00

big story. We have been covering it

all day. 20,000 jobs at risk. This

0:02:000:02:08

is a company that had a market value

of £2 billion, orders of £16

0:02:080:02:17

billion. What happened?

This is very

bad news, but particularly for the

0:02:170:02:22

Government bad news, lots of

questions are being asked about why

0:02:220:02:27

this company issued three profit

warnings, kept being awarded all

0:02:270:02:31

these contracts which has to a point

the Government has insisted they're

0:02:310:02:35

not going to do a bail out which is

how we got to this liquidisation

0:02:350:02:40

stage. They need to keep those

contracts going. It's a very

0:02:400:02:44

difficult spot. We have seen Chris

Grayling today under a lot of

0:02:440:02:47

pressure.

Some of the contracts date

back to Gordon Brown's time.

Yeah,

0:02:470:02:53

Carillion, like all the big out

sources, they take these long-term

0:02:530:02:57

contracts from the Government and

operate on tiny profit margins.

0:02:570:03:01

They're big companies and make big

money but for instance take one or

0:03:010:03:04

two or 3% profit margin and the only

way to keep going and growing is to

0:03:040:03:08

get more contracts. What Carillion's

been doing is even as it was heavily

0:03:080:03:13

in debt, even as it was pushing

ahead it needed to keep getting more

0:03:130:03:18

business so the chief executive was

rewarded for getting more contracts,

0:03:180:03:21

not for sorting out the existing

business and making sure it could do

0:03:210:03:24

the work it promised to do. You end

up with this crazy situation where a

0:03:240:03:28

company that was worth two billion

and the key thing it was liquidated,

0:03:280:03:33

not into administration, there was

nothing seen worth salvaging from

0:03:330:03:36

this company that only a few years

ago was worth two billion.

Front

0:03:360:03:43

major of The Metro, Carillion's

hedge funds make a mint as the

0:03:430:03:47

company fails, bosses hang on to

bonuses. A lot of the top staff were

0:03:470:03:52

getting a lot of money while this

company was crumbling.

This headline

0:03:520:03:58

is centring on what seems to be the

injustice. The idea that obviously

0:03:580:04:04

the rich stay rich and everyone else

suffers. There is big questions

0:04:040:04:08

here, why were they allowed to relax

the rules around bonuses when they

0:04:080:04:14

were issuing profit warnings? It

does - I think we are going to

0:04:140:04:18

discuss the Labour's argument about

nationalisation, whether or not you

0:04:180:04:21

accept it, because this is an

example of privatisation gone wrong.

0:04:210:04:25

That's the big point. The Labour

Party are going to make hay with

0:04:250:04:29

this. Jeremy Corbyn is already

saying watershed moment, should end

0:04:290:04:35

rip-off privatisation. PFI, where do

you put, should you be using public

0:04:350:04:39

money to pay private companies?

Yeah, as you said a lot of these

0:04:390:04:43

contracts date back to the New

Labour era. It was a Gordon Brown

0:04:430:04:47

specialty to take this stuff off the

Government balance sheet, give it to

0:04:470:04:51

a private company, sign a ten,

20-year deal to look after a

0:04:510:04:55

hospital, provide cleaners or big

infrastructure. But the great thing

0:04:550:04:58

for Jeremy Corbyn is it's seen as so

different so this he can get away

0:04:580:05:02

with criticising something which was

essentially a flagship policy of the

0:05:020:05:05

last Labour Government because for

most voters they view him as a

0:05:050:05:09

different beast. If it was any other

leader, Ed Miliband, he would be...

0:05:090:05:14

Wouldn't be able to go in hard on

this. For Jeremy Corbyn he can go,

0:05:140:05:19

look, big primary colours, big

sweeping statement, privatisation is

0:05:190:05:23

bad, this is what it looks like,

don't trust them, trust me instead.

0:05:230:05:27

All right. The Telegraph. Horrible

story. Poppi Worthington, 13 months

0:05:270:05:34

old. A coroner ruled she was

sexually assaulted before she died.

0:05:340:05:42

This article pointing out failings

of the police in this.

Yeah, an

0:05:420:05:47

horrific story. They've had this

coroner's report which has found

0:05:470:05:52

this. What is the problem is no

charges were brought against Poppi's

0:05:520:05:58

father and here you have the mother

staying anonymous pleading for them

0:05:580:06:01

to look at the police failings and

try to open the case again. We have

0:06:010:06:06

the local MP for the area where she

was living, he said he doubts this

0:06:060:06:09

is going to happen because there's

been a catalogue of failures. He

0:06:090:06:13

doesn't have much hope. But if there

is a way, it does seem unjust that

0:06:130:06:17

you could have that finding and not

have a consequence in terms of the

0:06:170:06:21

law.

The local MP talking about a

public inquiry. Maybe that's a way

0:06:210:06:26

of getting at the truth of exactly

what happened here.

A lot will come

0:06:260:06:29

down to front pages like this and

how strongly the Government feels it

0:06:290:06:32

needs to act as a result of a

sistery like this with these

0:06:320:06:36

pictures on -- with a story like

this with these pictures in the

0:06:360:06:40

media. It's an unusual case where

you can have the CPS examine the

0:06:400:06:44

file a couple of times and found

that due to the police failings it

0:06:440:06:47

can't prosecute. Yet to have this

level of evidence in court and no

0:06:470:06:53

one being arrested, obviously we

can't speculate on who might be

0:06:530:06:57

responsible, but the fact there are

people associated with this case who

0:06:570:07:01

aren't being in any way under threat

of arrest or trial is astonishing.

0:07:010:07:07

Indeed. Staying with The Telegraph.

At the bottom a big story across the

0:07:070:07:13

weekend, you are chuckling, both of

you. The Ukip leader's wife refuses

0:07:130:07:22

to give him her support. I wonder

why.

Yes, more than meets the eye in

0:07:220:07:29

this headline. Ukip, the past two

weekends back in the news, it's not

0:07:290:07:35

a new policy announcement or

anything, it was his love life.

0:07:350:07:39

First a younger girlfriend, and the

wife, estranged wife. Then this

0:07:390:07:44

weekend The Mail's story was about

seemingly racist messages by that

0:07:440:07:48

girlfriend. He has had to separate

ways.

I think the phrase was

0:07:480:07:56

romantically disengage or something

along those lines.

Conscious

0:07:560:07:59

uncoupling.

Perhaps unsurprisingly,

his estranged wife...

She said no,

0:07:590:08:05

mate, I am not supporting you.

She's

not run to his rescue.

A parade of

0:08:050:08:13

Ukip spokespeople, half of whom I

didn't know exist, who will resign

0:08:130:08:17

if he doesn't resign. He's been

leader for three or four months,

0:08:170:08:23

depending on how many you count, he

is famous for two things, saying he

0:08:230:08:27

could strangle a badger with his

hands and having a new girlfriend

0:08:270:08:29

who may or may not have September

racist messages. It's not exactly

0:08:290:08:33

the media profile you want from a

leader of a national political

0:08:330:08:36

party.

No, not really.

And for being

a former Lib Dem.

Some might argue

0:08:360:08:42

that it's no surprise his wife has

decided to take the stance that she

0:08:420:08:46

has.

It's not even getting paid,

hasn't even fot a salary.

Daily dp

0:08:460:08:55

express. Britain ready to cut

foreign aid cash.

0:08:550:09:02

The crusade to stop foreign aid

madness, following srefkss and

0:09:020:09:07

reports across the press --

investigations, about where foreign

0:09:070:09:11

aid is spent. They're saying that

the Government has - a Government

0:09:110:09:17

source sparked legitimate concerns

among voters.

Woolly phrasing,

0:09:170:09:21

though.

I don't think they're saying

they're going to do something, the

0:09:210:09:28

general consensus, it's important to

have this commitment on foreign aid,

0:09:280:09:33

you want - obviously reports of

money going to North Korea doesn't

0:09:330:09:37

help.

That doesn't really help.

Some

way they could fix that.

Let's go to

0:09:370:09:42

The Times. Labour MPs threat to quit

over purge by left-wing. Big

0:09:420:09:49

elections to the NEC and it would

seem that the factions closest to

0:09:490:09:55

MrCorbyn, the leader, obviously on

the very left of the party, they've

0:09:550:09:58

won out.

Yeah, this is the start of

the end game really. The left-wing

0:09:580:10:03

of the party, when Jeremy Corbyn

even in 2014, 2015 was seen as an

0:10:030:10:09

obscure weird backbencher who no one

would quote or put on a programme,

0:10:090:10:12

he and his faction have complete

control of Labour. It's over. This

0:10:120:10:15

is the end game. This is what it

looks like. His supporters gained an

0:10:150:10:19

enormous number of votes on the NEC,

40% ahead of the centrist

0:10:190:10:24

candidates. Now you have the final

anonymous briefings as Labour MPs

0:10:240:10:29

realising their local party might

deselect them with new powers that

0:10:290:10:32

could be granted to them, realise

they've to work out their exit

0:10:320:10:36

strategy basically. Either going to

go down fighting but not even, no

0:10:360:10:41

one is willing to put their name to

these comments. They'll go down

0:10:410:10:46

fighting, don't really want to be

identified publicly.

Yeah, sources.

0:10:460:10:52

Is there any hope for, some would

argue, moderates within the party,

0:10:520:10:55

now?

I think to be honest - it was

obviously after picking up such a

0:10:550:11:04

fight, leadership challenges to

Jeremy Corbyn, obviously when they

0:11:040:11:05

got a much better than expected

result in the snap election, it

0:11:050:11:08

wasn't really the point. Labour

conference felt more like this like

0:11:080:11:12

a Coronation of a leader rather than

a debate about what direction the

0:11:120:11:16

party should take to win enough

votes to get to power. But I think

0:11:160:11:21

if you start to see trigger ballots,

one of the things they're worried

0:11:210:11:25

about, then you will start to see

them thinking that and actually the

0:11:250:11:30

big kwory to the leader, although it

wouldn't beat Labour, this idea of a

0:11:300:11:34

centrist prohe would pro-EU party

could be enough to stop Labour

0:11:340:11:38

neeking ahead. You might see them

trying to appease these MPs.

The

0:11:380:11:44

Guardian, the new look. The front

page there.

0:11:440:11:48

At the bottom interesting, Boris

Johnson admits the £350 million bus

0:11:480:11:53

claim during the EU referendum was

wrong. It should have been higher.

0:11:530:11:58

This is Boris Johnson doing

excellent trolling winding everyone

0:11:580:12:01

up.

He is doing a good job.

What

drives them mad at the Guardian.

0:12:010:12:06

Brexit!

And the £350 million bus,

what if I say we are not going to

0:12:060:12:13

get £350 million, and he pauses,

actually we are going to get more.

0:12:130:12:17

Is this based on good evidence or is

he winding up The Guardian.

He is

0:12:170:12:23

saying the £350 million was wrong

because in reality it's £88 million

0:12:230:12:28

because of how you calculate it and

whether it's contribution will rise

0:12:280:12:32

by the time of the transition

period. All of these figures are so

0:12:320:12:36

big that no one can ever actually

pin their finger on anything which

0:12:360:12:39

is why the £350 million works so

well in the first place. To be fair

0:12:390:12:45

it's Boris Johnson seeing his prey

and playing with it and enjoying

0:12:450:12:49

winding up The Guardian.

Also

perhaps feels that he needs to get

0:12:490:12:53

out there again on the Brexit

debate. MrFarage has had a bit of

0:12:530:12:58

the oxygen in relation to this talk

being a second referendum. MrJohnson

0:12:580:13:01

in this interview I think has said

yeah, there could be a second

0:13:010:13:04

referendum, I don't want one, if

there is one the Brexit side would

0:13:040:13:08

win even more handily.

Yeah, and I

think there is a view lots of people

0:13:080:13:13

- what Boris is trying to do here,

definitely there was a frustration

0:13:130:13:16

from some people in Cabinet that the

positive argument for Brexit isn't

0:13:160:13:20

made enough and you have to remind

people of the reasons. The people on

0:13:200:13:25

the other side constantly remind

people of reasons why they don't

0:13:250:13:28

think it was a good idea. There is -

I think what is interesting about

0:13:280:13:31

the NHS thing is if you didn't

believe the £350 million, I don't

0:13:310:13:35

think you are necessarily going to

believe the 438 million. Boris

0:13:350:13:39

Johnson wants to do something here,

he wants to prove he didn't mislead

0:13:390:13:45

voters. He missed a chance to be

Prime Minister and he has to go

0:13:450:13:49

Theresa May to admit to slogans,

which is a hard task.

Something you

0:13:490:13:53

have probably heard as well, a lot

of Tory MPs don't think he could be

0:13:530:13:56

leader because he is perceived to

have lied to the public.

Indeed. And

0:13:560:14:00

the NHS big in everyone's minds at

the moment.

0:14:000:14:06

Good to see you, thank you. And the

new improved papers.

Wonderful

0:14:060:14:09

looking. Even better.

Even better

than The New Guardian. No, no. You

0:14:090:14:16

can see all the front pages online

on the BBC news website. It's there

0:14:160:14:20

seven days a week.

If you missed the programme you can

0:14:200:14:25

see it again on iPlayer.

Thank you again.

0:14:250:14:29

Thank you for watching. Hope you

enjoyed our new improved version.

0:14:290:14:33

All the best.

0:14:330:14:37

No need to wait until tomorrow morning to see what's in the papers - tune in for a lively and informed conversation about the next day's headlines.


Download Subtitles

SRT

ASS