15/01/2018 The Papers

Hello and welcome to our look ahead

to what the papers will be

bringing us tomorrow.

With me are Katy Balls,

political correspondent

at The Spectator and Jim Waterson

political editor at Buzzfeed UK.

Many of tomorrow's front

pages are already in.

We have a new way of presenting

them, look at this!

The Huffington Post. The Telegraph's

top story.

The Guardian also shows DoloresO'

Riordan and the rush to protect the

jobs of Carillion employees. So a

new look to The Papers. Hope you

like it. As we focus on what Fleet

Street's finest are reporting,

hopefully it will be even easier to

see how the big stories are being

covered. We are going to start with

the Financial Times. Carillion, the

big story. We have been covering it

all day. 20,000 jobs at risk. This

is a company that had a market value

of £2 billion, orders of £16

billion. What happened?

This is very

bad news, but particularly for the

Government bad news, lots of

questions are being asked about why

this company issued three profit

warnings, kept being awarded all

these contracts which has to a point

the Government has insisted they're

not going to do a bail out which is

how we got to this liquidisation

stage. They need to keep those

contracts going. It's a very

difficult spot. We have seen Chris

Grayling today under a lot of

pressure.

Some of the contracts date

back to Gordon Brown's time.

Yeah,

Carillion, like all the big out

sources, they take these long-term

contracts from the Government and

operate on tiny profit margins.

They're big companies and make big

money but for instance take one or

two or 3% profit margin and the only

way to keep going and growing is to

get more contracts. What Carillion's

been doing is even as it was heavily

in debt, even as it was pushing

ahead it needed to keep getting more

business so the chief executive was

rewarded for getting more contracts,

not for sorting out the existing

business and making sure it could do

the work it promised to do. You end

up with this crazy situation where a

company that was worth two billion

and the key thing it was liquidated,

not into administration, there was

nothing seen worth salvaging from

this company that only a few years

ago was worth two billion.

Front

major of The Metro, Carillion's

hedge funds make a mint as the

company fails, bosses hang on to

bonuses. A lot of the top staff were

getting a lot of money while this

company was crumbling.

This headline

is centring on what seems to be the

injustice. The idea that obviously

the rich stay rich and everyone else

suffers. There is big questions

here, why were they allowed to relax

the rules around bonuses when they

were issuing profit warnings? It

does - I think we are going to

discuss the Labour's argument about

nationalisation, whether or not you

accept it, because this is an

example of privatisation gone wrong.

That's the big point. The Labour

Party are going to make hay with

this. Jeremy Corbyn is already

saying watershed moment, should end

rip-off privatisation. PFI, where do

you put, should you be using public

money to pay private companies?

Yeah, as you said a lot of these

contracts date back to the New

Labour era. It was a Gordon Brown

specialty to take this stuff off the

Government balance sheet, give it to

a private company, sign a ten,

20-year deal to look after a

hospital, provide cleaners or big

infrastructure. But the great thing

for Jeremy Corbyn is it's seen as so

different so this he can get away

with criticising something which was

essentially a flagship policy of the

last Labour Government because for

most voters they view him as a

different beast. If it was any other

leader, Ed Miliband, he would be...

Wouldn't be able to go in hard on

this. For Jeremy Corbyn he can go,

look, big primary colours, big

sweeping statement, privatisation is

bad, this is what it looks like,

don't trust them, trust me instead.

All right. The Telegraph. Horrible

story. Poppi Worthington, 13 months

old. A coroner ruled she was

sexually assaulted before she died.

This article pointing out failings

of the police in this.

Yeah, an

horrific story. They've had this

coroner's report which has found

this. What is the problem is no

charges were brought against Poppi's

father and here you have the mother

staying anonymous pleading for them

to look at the police failings and

try to open the case again. We have

the local MP for the area where she

was living, he said he doubts this

is going to happen because there's

been a catalogue of failures. He

doesn't have much hope. But if there

is a way, it does seem unjust that

you could have that finding and not

have a consequence in terms of the

law.

The local MP talking about a

public inquiry. Maybe that's a way

of getting at the truth of exactly

what happened here.

A lot will come

down to front pages like this and

how strongly the Government feels it

needs to act as a result of a

sistery like this with these

pictures on -- with a story like

this with these pictures in the

media. It's an unusual case where

you can have the CPS examine the

file a couple of times and found

that due to the police failings it

can't prosecute. Yet to have this

level of evidence in court and no

one being arrested, obviously we

can't speculate on who might be

responsible, but the fact there are

people associated with this case who

aren't being in any way under threat

of arrest or trial is astonishing.

Indeed. Staying with The Telegraph.

At the bottom a big story across the

weekend, you are chuckling, both of

you. The Ukip leader's wife refuses

to give him her support. I wonder

why.

Yes, more than meets the eye in

this headline. Ukip, the past two

weekends back in the news, it's not

a new policy announcement or

anything, it was his love life.

First a younger girlfriend, and the

wife, estranged wife. Then this

weekend The Mail's story was about

seemingly racist messages by that

girlfriend. He has had to separate

ways.

I think the phrase was

romantically disengage or something

along those lines.

Conscious

uncoupling.

Perhaps unsurprisingly,

his estranged wife...

She said no,

mate, I am not supporting you.

She's

not run to his rescue.

A parade of

Ukip spokespeople, half of whom I

didn't know exist, who will resign

if he doesn't resign. He's been

leader for three or four months,

depending on how many you count, he

is famous for two things, saying he

could strangle a badger with his

hands and having a new girlfriend

who may or may not have September

racist messages. It's not exactly

the media profile you want from a

leader of a national political

party.

No, not really.

And for being

a former Lib Dem.

Some might argue

that it's no surprise his wife has

decided to take the stance that she

has.

It's not even getting paid,

hasn't even fot a salary.

Daily dp

express. Britain ready to cut

foreign aid cash.

The crusade to stop foreign aid

madness, following srefkss and

reports across the press --

investigations, about where foreign

aid is spent. They're saying that

the Government has - a Government

source sparked legitimate concerns

among voters.

Woolly phrasing,

though.

I don't think they're saying

they're going to do something, the

general consensus, it's important to

have this commitment on foreign aid,

you want - obviously reports of

money going to North Korea doesn't

help.

That doesn't really help.

Some

way they could fix that.

Let's go to

The Times. Labour MPs threat to quit

over purge by left-wing. Big

elections to the NEC and it would

seem that the factions closest to

MrCorbyn, the leader, obviously on

the very left of the party, they've

won out.

Yeah, this is the start of

the end game really. The left-wing

of the party, when Jeremy Corbyn

even in 2014, 2015 was seen as an

obscure weird backbencher who no one

would quote or put on a programme,

he and his faction have complete

control of Labour. It's over. This

is the end game. This is what it

looks like. His supporters gained an

enormous number of votes on the NEC,

40% ahead of the centrist

candidates. Now you have the final

anonymous briefings as Labour MPs

realising their local party might

deselect them with new powers that

could be granted to them, realise

they've to work out their exit

strategy basically. Either going to

go down fighting but not even, no

one is willing to put their name to

these comments. They'll go down

fighting, don't really want to be

identified publicly.

Yeah, sources.

Is there any hope for, some would

argue, moderates within the party,

now?

I think to be honest - it was

obviously after picking up such a

fight, leadership challenges to

Jeremy Corbyn, obviously when they

got a much better than expected

result in the snap election, it

wasn't really the point. Labour

conference felt more like this like

a Coronation of a leader rather than

a debate about what direction the

party should take to win enough

votes to get to power. But I think

if you start to see trigger ballots,

one of the things they're worried

about, then you will start to see

them thinking that and actually the

big kwory to the leader, although it

wouldn't beat Labour, this idea of a

centrist prohe would pro-EU party

could be enough to stop Labour

neeking ahead. You might see them

trying to appease these MPs.

The

Guardian, the new look. The front

page there.

At the bottom interesting, Boris

Johnson admits the £350 million bus

claim during the EU referendum was

wrong. It should have been higher.

This is Boris Johnson doing

excellent trolling winding everyone

up.

He is doing a good job.

What

drives them mad at the Guardian.

Brexit!

And the £350 million bus,

what if I say we are not going to

get £350 million, and he pauses,

actually we are going to get more.

Is this based on good evidence or is

he winding up The Guardian.

He is

saying the £350 million was wrong

because in reality it's £88 million

because of how you calculate it and

whether it's contribution will rise

by the time of the transition

period. All of these figures are so

big that no one can ever actually

pin their finger on anything which

is why the £350 million works so

well in the first place. To be fair

it's Boris Johnson seeing his prey

and playing with it and enjoying

winding up The Guardian.

Also

perhaps feels that he needs to get

out there again on the Brexit

debate. MrFarage has had a bit of

the oxygen in relation to this talk

being a second referendum. MrJohnson

in this interview I think has said

yeah, there could be a second

referendum, I don't want one, if

there is one the Brexit side would

win even more handily.

Yeah, and I

think there is a view lots of people

- what Boris is trying to do here,

definitely there was a frustration

from some people in Cabinet that the

positive argument for Brexit isn't

made enough and you have to remind

people of the reasons. The people on

the other side constantly remind

people of reasons why they don't

think it was a good idea. There is -

I think what is interesting about

the NHS thing is if you didn't

believe the £350 million, I don't

think you are necessarily going to

believe the 438 million. Boris

Johnson wants to do something here,

he wants to prove he didn't mislead

voters. He missed a chance to be

Prime Minister and he has to go

Theresa May to admit to slogans,

which is a hard task.

Something you

have probably heard as well, a lot

of Tory MPs don't think he could be

leader because he is perceived to

have lied to the public.

Indeed. And

the NHS big in everyone's minds at

the moment.

Good to see you, thank you. And the

new improved papers.

Wonderful

looking. Even better.

Even better

than The New Guardian. No, no. You

can see all the front pages online

on the BBC news website. It's there

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