16/01/2018 The Papers


16/01/2018

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Hello and welcome to our look ahead

to what the the papers will be

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bringing us tomorrow.

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With me are the former pensions

minister Baroness Ros Altmann

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and the writer and broadcaster Mihir

Bose.

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Good to see you both. Let us

start...

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The FT reports that Carillion

was cash-strapped at the end.

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It held just 29 million pounds left

before it collapsed.

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"Taking the Piste" is

the headline in the Metro.

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It says whilst workers face

redundancy the former

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Chief Executive of the company

is living it up

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in a luxury ski home.

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The Daily Telegraph says

Poppi Worthington's mother

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may finally see justice

after the coroner in the case urged

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prosecutors to to carry out

a fresh investigation

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into the toddler's death.

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The Express is angered

by the French President's call

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for the UK to take in more migrants

from Calais and pay more

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for border security.

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While the I has a different take

on the thorny issue of migration,

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reporting that the NHS is losing

doctors, because red tape

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is stopping qualified

migrants getting in...

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A senior Scotland Yard detective

is urging that five year old's

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should be taught the dangers

of knife crime, that's

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the lead in The Guardian.

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And finally, The Daily Mail says

the Prime Minister is to appoint

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what it describes as a Minister

for the Lonely.

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There's no one big story dominating

the headlines for our guests

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to sink their teeth into.

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It's really a mixed bag

of front page news...

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But the shock of the collapse

of Carillion is still reverberating

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and that's where we start

on the front page of

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the Financial Times...

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Cash strapped Karelian held just £29

million in its final days, they had

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£16 billion worth of orders on the

books?

And the way the accounting

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seems to have been managed, Cash was

just not coming in fast enough. They

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were trying to move things around in

different bits of the company. It

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had a very complex structure but at

the end of the day the company seems

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to have been so broke to the firm 's

auditors were approached to

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administer it decided they did not

want to get involved because they

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thought they would not be enough

money to pay them. This company

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seems to have managed to have fool a

lot of people. They had seen on I

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page 150 or something that actually

a lot of the bills were not being

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paid, they had booked the orders and

delivered some goods but it was not

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being paid. Sometimes because

customers said it had not been

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delivered properly, or it just

wasn't being managed right.

It's a

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good example, the classic story that

if you borrowed so much money from

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the bank the banks can't let you

fail.

Too big to fail, Donald Trump

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knows that.

But career Leon when to

25 million from five bankers, like a

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football squad, three of the bankers

said no, to said we would. In a way

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that people who we say mismanage the

company clearly did because they

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said we can go on, the banks will

not allow us to fail. This whole

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business of public and private as

well, a private company allowed to

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have public sector projects and the

government is going to pay for

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public sector workers.

They must

keep working.

That's a bit unfair

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when you have private sector workers

also working who are probably facing

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a very hard time.

And lots of small

companies who will go out of

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business.

1000 people apparently

already connected with the company

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not directly but you could be

affected. The emphasis seems to be

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moving on to the managers at the top

of this company. The Metro has a

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fairly salty headline, taking the

piste. This is the chief executive,

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a luxury ski home with six bedrooms

and an indoor Paul. He is in hot

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water. I am taking the piste now!

They cannot actually find him, he is

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either in his Yorkshire home or his

French ski chalets. They are making

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the point that it might cost

taxpayers 600 million, and already a

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lot of redundancies being announced

in these smaller firms that supply

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Carillion, so obviously not one fact

has started straightaway.

The people

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at the very top were getting bonuses

and big dividend pay-outs, not too

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long before this company collapsed.

Greg Clark has very quickly ordered

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a fast track investigation into the

conduct of the directors, and he

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wanted extended to pass directors,

not just current directors, because

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clearly we need to identify what

went wrong, what happened, how

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directors were behaving. The company

kept increasing its dividends even

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though the business was not doing

well enough. It also had a big

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pension deficit which it was not

taken Carol. -- it was not taking

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care of. It does not look good and

we need to get to the bottom of what

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happened.

We have not learned any

lessons from the 2008 crash. The

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same thing with the banks.

Let's see

what they find.

Moving on to the

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Telegraph, the main story that a

coroner has urged the Crown

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Prosecution Service to reopen the

case of the death of Poppy

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Worthington, the 13-month-old

toddler who died of this fixation

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about four years ago. And it could

well be that we see a reopening of

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that case, but at the bottom of

that, Boris. He reckons £100 million

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a week for the NHS is necessary or

the Tories will lose the next

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election.

Given that the Leeds side

promised people they would have £350

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million a week potentially available

for the NHS -- the leave aside, you

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would think 100 million may not

satisfy. But calling for any sum of

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money strikes me as being strange.

Of course we have to celebrate the

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NHS but we must also recognise we're

not getting extra money as a result

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of leaving the EU. It's not how it

is turning out. We have already seen

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the Chancellor said we will have to

pay 3.7 billion...

He's a remain a!

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That's the thing, we are putting

aside. We must spend more money on

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the NHS but when they can find it as

a result of Brexit is a doubt.

He

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gave an interview in the Guardian

saying he got the figure wrong, it

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was much more! Interesting there was

a divided between the Johnson

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Leavers and the barrage Leavers,

barrage has always said it was not

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that figure. -- Nigel Farage

Leavers.

The point being made is

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that his party need to focus on the

NHS, that is the big issue in voters

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minds, potential voters, now.

Particularly as a result of winter

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crisis and the Tories have to get

real with that.

It's a position for

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him to make sure he's on the right

line to succeed Theresa May when she

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goes.

Maybe it is.

We can't fix the

NHS without fixing social care,

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offering money isn't enough also we

have to sort out NHS, it's clear.

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Onto the Daily Express, French tell

us, take more migrants. Outrageous

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demands to give homes to refugees

from Calais! The Daily Express

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pretty exercised about this.

That is

the headline that actually the

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Macron speech they have printed is

not about taking more migrants,

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Macron is saying Britain have to pay

more for the arrangements,

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immigration arrangements we already

have Calais. Maybe the implication

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is that if they don't pay more we

were policed them, but the words of

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the French president saying we will

actually do more but Britain has to

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pay more, so the Daily Express is

implying something that the French

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president may not have said.

When

was the last time you saw a headline

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that actually matched the story? In

any newspaper? Let's be real.

They

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do sometimes, but what's important

here is that there is a two K

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agreement we currently have where

France has agreed to help us police

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our innovation so they do it at

partly their expense, and what they

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are now saying is, we gave you

special arrangements because we were

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working together as part of the EU,

what we are now saying is we can't

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give the special arrangements, you

have to pay more for this kind of

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checks and we are not sure why we

should check your immigrants in our

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country, you should check them

yourself.

Historically that used to

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be part of this country so maybe we

should reclaim it!

LAUGHTER

That's

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another discussion.

Flip side of the

migration story, not enough trained

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doctors coming in. NHS losing

doctors to migration red tape.

We

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know there is a shortage,

particularly in the NHS and this

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again shows that the question is of

immigration as if it is an EU

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immigration issue, actually many of

the doctors come from non-EU

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countries. We have a whole red tape

problem there. Within the problems

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in the NHS it shows we have several

issues to sort out over immigration,

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not just a question of numbers, but

of who we want, how soon can we get

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the people we want, it's a very

serious question.

I think the

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government is a little court here

because the referendum vote clearly

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signals that the country is not

comfortable with a high level of

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immigration at the moment. They feel

we need to slow down for a while so

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the government has put a cap on the

number of people who can come into

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the country, but what's happened is

because of the cat we can't take in

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as many doctors as we need because

we have already reached the cap,

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then you have to stop taking more

in. We need another national

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conversation on some of the issues

and where the public actually want

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the government to clamp down or not.

Moving on to the Daily Mail...

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Minister for the lonely. In a sad

reflection of modern Britain when 9

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million live in isolation and

200,000 elderly go weeks without

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talking to a friend or relative.

I

think this is really important as a

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social issue. The Prime Minister is

right to appoint somebody to look at

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this, Tracy Karachi was the sports

Minister.

She could not have been

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very lonely.

To look into this

issue. This is also part of the

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social care problem, 200,000 elderly

people in this country go for weeks

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without seeing anybody on talking to

anybody. The councils have had to

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cut meals on wheels, they have had

to withdraw some of the clubs that

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used to be available to older

people, they have cut the care for

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people with may be moderate needs,

so you may not be too well that you

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are just on your own at home. This

is a big issue so I hope with all

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this together, this new ministerial

position will be able to look at how

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we can integrate people who are on

their own batter into communities.

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Seems like a decent idea.

She will

give a CD of Roy Orbison's great

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song, Only the Lonely. That will be

her first task.

I don't know whether

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to laugh or cry!

It is a bit

worrying, you are quite right, it's

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a whole social problem which are not

sure having a minister solves it.

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It's a much deeper problem if there

are so many lonely people.

Across

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departments. Across the whole social

framework of our society.

Families

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living apart and someone.

Inside the

Daily Mail, we love our animals. Ms

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utterly help when it comes to

loneliness as well. Who one of pop

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Idol? Britain's top ten favourite

breeds of dog revealed.

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The Labrador number one. The second

is interesting, a mixed breed.

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That's quite interesting. In mixed

breed that has come second in the

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poll. He would not have expected...

The Jack Russells bird, and

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Staffordshire bull terrier of

course.

Labrador is also, so

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gorgeous, and of course they are

used for guide dogs. They are very

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gentle, very intelligent and you can

rely on them.

And they make you feel

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very comfortable, they make you feel

reassured.

I had a Labrador for many

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years and I adored her.

You are so

soft! I am a cat man myself.

Which

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breed?

No idea. It's black and

white. Thank you so much for looking

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at these stories.

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That's it for The Papers tonight.

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Don't forget you can see the front

pages of the papers online

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on the BBC News website.

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It's all there for you -

seven days a week at bbc dot co uk

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forward slash papers -

and if you miss the programme any

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evening you can watch it

later on BBC iPlayer

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Thank you for listening.

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