tv The Papers BBC News February 2, 2022 10:30pm-10:46pm GMT
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in a response to what it says is the current security environment. they'll go to poland, germany and romania. the deployment will not be permanent, and the pentagon says they will not fight in ukraine. moscow has described the deployment as �*destructive,’ and russia's president, vladimir putin, has told borisjohnson in a phone call that nato is ignoring its concerns about security. turkey says 12 migrants have frozen to death near the border with greece after greek officials turned them back. a greek minister said the claims were baseless and that the deaths were a tragedy. a minister in the northern ireland assembly has ordered his officials to suspend the post—brexit checks on goods being moved between the province and mainland great britain.
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hello and welcome to our look ahead to what the papers will be bringing us tomorrow. with me is broadcaster and author penny smith and home affairs editor of the evening standard, martin bentham. welcome to you both. let's have a flipped or what is rdn. the financial times reads that chancellor of the exchequer, rishi sunak, and the bank of england are working together to head off the �*cost of living catastrophe�*. —— what is already in. the metro reads "putin gives boris a bus," which refers to the raf intercepting four russian planes ahead of a phone call. the telegraph says rishi sunak loans billions to energy firms and plans
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to cut taxes for the poorest. between the prime minister and the russian president a few hours ago. the i reads "no more funding to level up the uk." that's according to a treasury source. it also says there will be no new tax rises to pay for the government's flagship policy. the guardian leads on pressure on the prime minister as more tory mps call for him to go, and the mounting anger at the met police. cressida dick in particular over racist messages shared by officers and the promotion of one allegedly involved. good to see you both. penny, should we start with you? cost of living catastrophe. i think the times had it today, if
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people are watching later on, about the bank of england working in tandem to head off this catastrophe. it's all piling up, and a lot of pain down the line. it it's all piling up, and a lot of pain down the line.— it's all piling up, and a lot of pain down the line. it is, and the figures are _ pain down the line. it is, and the figures are staggering. _ pain down the line. it is, and the figures are staggering. i'm - pain down the line. it is, and the figures are staggering. i'm surel figures are staggering. i'm sure everybody has noticed that the prices are going up, and that's when you look at the shelves, and there's actually food on them. i don't know about you, but i went to the supermarket the other day, and where the vegan fruit were, there were things like doughnuts. —— vegetables and fruit. they're saying the bills will be about £2000 per year, which is actually... the more i think about it, the more i think that is just such a staggering sum for eating and heating, and there will be people who are looking at these and saying, "i have no wiggle room."
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living hand to mouth. rents are up, everything has gone up. i can't see any way out of this. you look at this and you said about rishi sunak and the bank of england acting in tandem. actually, it's not even bringing them down that much. i know 200 is not better at —— is better than not at all, but when you look at the fact that oil is now $90 a barrel for the first time in seven years, and could go over $100, companies are raking in their biggest profits in years. you've got all these problems about, where are we going to get it from? it's all about supply and demand. we've mentioned this before in the past. it's all about supply and demand. there's not enough supply and demand is high. there's not enough supply and demand is hiuh. a ~' there's not enough supply and demand ishiuh. ~' 3 ~ is high. martin, i think it's £6 billion. is high. martin, i think it's £6 billion- as — is high. martin, i think it's £6 billion. as penny _ is high. martin, i think it's £6 billion. as penny was - is high. martin, i think it's £6 billion. as penny was saying, | is high. martin, i think it's £6 - billion. as penny was saying, £200 per household. this on a loan claw—back scheme, but that hasn't
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worked very well, has it? claw-back scheme, but that hasn't worked very well, has it?— worked very well, has it? we're auoin to worked very well, has it? we're going to the _ worked very well, has it? we're going to the point _ worked very well, has it? we're going to the point that - worked very well, has it? we're going to the point that the - worked very well, has it? we'rej going to the point that the price increase. — going to the point that the price increase, but the ultimate question is unfortunately, the positive side for some — is unfortunately, the positive side for some people, it will be massively hard because there will be a bi- massively hard because there will be a big price rise coming. it may encourage _ a big price rise coming. it may encourage us all to be a bit more... and secondly, i suppose it also drives— and secondly, i suppose it also drives investment in renewables and so on, _ drives investment in renewables and so on. and _ drives investment in renewables and so on, and other sources that may be less vulnerable to this type of price. — less vulnerable to this type of price, going up and up. so, the major— price, going up and up. so, the major silver _ price, going up and up. so, the major silver lining to this problem, albeit_ major silver lining to this problem, albeit short —
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major silver lining to this problem, albeit short term. the government is very keen _ albeit short term. the government is very keen to— albeit short term. the government is very keen to make sure that is not as intense — very keen to make sure that is not as intense as it would otherwise be. whatever— as intense as it would otherwise be. whatever it — as intense as it would otherwise be. whatever it will be, of people's bills _ penny, let's go on to the mail. the government had other options. they have been urged in some quarters to take the green levy off the energy companies and put it into general taxation. that would slice off a bit more. what do you think about that idea? ~ , , ~ �* , idea? well, it seems like it's fiddling at — idea? well, it seems like it's fiddling at the _ idea? well, it seems like it's fiddling at the edges. - idea? well, it seems like it's fiddling at the edges. we - idea? well, it seems like it's i fiddling at the edges. we have idea? well, it seems like it's - fiddling at the edges. we have this national insurance rise as well in april. i think the whole thing, but the big problem it seems to me is that when they're talking about it being a catastrophe, it's all, the same time. it's all come off the back of the pandemic. we know from
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reading all the information that the rich have got richer and the pandemic and the poor have got poorer, and now we've got this as well. that's where it's all kind of, that's where it all falls apart. no matter which way, it is the poorest who are going to find in the most difficult. i'mjust thinking,, 7%, that's the highest in 30 years, and i remember, since i am 103 and was around when queen victoria... i’m around when queen victoria... i'm 104, so i rememberas around when queen victoria... i'm 104, so i remember as well. around when queen victoria. .. i'm 104, so i remember as well. i - 104, so i rememberas well. i remember my mum going to the supermarket and hunting for the tends to get to the back. i remember when the prices went up and it was extraordinarily scary. it's very difficult to budget when you don't know when you want. nevertheless.
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it's heading the wrong way fast. if you have the same basket of goods, as we did then, inflation would be “p as we did then, inflation would be up by as we did then, inflation would be up by 18 or 20%. martin, when it comes to what the government can do, isn't the real problem here that wholesale prices are high, there's a bit of geopolitical tension involved in impacting on that price as well, but you can't change that and some people are saying that the price, which has led to some of the smaller energy companies going bust, isn't the best model for dealing with it. what do you think about that in terms of the price? i think 50% up we expect by the 1st of april. maybe another move up in october as well. you're quite right to say that some of the _ you're quite right to say that some of the smaller companies that have
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.one of the smaller companies that have gone busk— of the smaller companies that have gone busk because they have been offering _ gone busk because they have been offering generous deals that haven't been able _ offering generous deals that haven't been able to cope with the massive increase _ been able to cope with the massive increase in— been able to cope with the massive increase in the cost of the product. from _ increase in the cost of the product. from that — increase in the cost of the product. from that point, it hasn't worked, and you _ from that point, it hasn't worked, and you can — from that point, it hasn't worked, and you can see why it's there. but you're _ and you can see why it's there. but you're quite — and you can see why it's there. but you're quite right. some people argue this — you're quite right. some people argue this is economic reality, and if you _ argue this is economic reality, and if you want— argue this is economic reality, and if you want power in heating and energy. — if you want power in heating and energy, you have to pay the cost for it. energy, you have to pay the cost for it to _ energy, you have to pay the cost for it to an _ energy, you have to pay the cost for it. to an extent, there's a degree of truth _ it. to an extent, there's a degree of truth of— it. to an extent, there's a degree of truth of that. the government doesn't — of truth of that. the government doesn't want to be sitting there in charge _ doesn't want to be sitting there in charge when people are suffering. the government will intervene, and that's— the government will intervene, and that's why— the government will intervene, and that's why that policy was suggested by labour— that's why that policy was suggested by labour and adopted after that. but ultimately, you can only restricted, you can only do that to a very— restricted, you can only do that to a very limited extent. especially...
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thats— a very limited extent. especially... that's why— a very limited extent. especially... that's why the price is going to go up. let's go to the telegraph. the duchess of cambridge's picture on most of the front pages. haven't been taking over one of prince harry's patronages. let's stick with the crisis. 0ne paper pushing that —— saying michael gove is pushing for the porous houses that well. do you think it needs to be more of a holistic approach, and also, we've all known these as billions and billions have been paid during the pandemic, and surely, people have to realise that we've got to pay for this at some time and it's just a
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terrible coincidence that is coinciding with rising energy prices. coinciding with rising energy rices. , �* , coinciding with rising energy rices. , �*, ., ., prices. yes, there's also that term and rather — prices. yes, there's also that term and rather galling _ prices. yes, there's also that term and rather galling fact _ prices. yes, there's also that term and rather galling fact that - prices. yes, there's also that term and rather galling fact that quite i prices. yes, there's also that term and rather galling fact that quite a | and rather galling fact that quite a lot of the money was not checked thoroughly enough and millions, i can't remember how much, just a staggering amount has actually been lost and will never be recovered because there weren't enough checks. we always knew they were going to be tax imbalances. the problem is i think everybody knew this was coming along —— checks and balances. everything has landed at exactly the same time. i think for most people, we don't feel we're remotely out of the woods in any way, shape or form. yes, to help the poorest suggestion that would benefit the so—called red wall seats, so that is perhaps why michael gove is quite keen on them. there was quite an interesting
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comment byjohn redwood. "taxing is more through national insurance. to lend it through power companies is not the way to ease the cost of living. it's difficult because another problem, have we mentioned about russia possibly going into ukraine? which doesn't help anything. ilistens which doesn't help anything. we're about to come _ which doesn't help anything. we're about to come to _ which doesn't help anything. we're about to come to that _ which doesn't help anything. we're about to come to that in _ which doesn't help anything. we're about to come to that in a - which doesn't help anything. we're about to come to that in a minute. | about to come to that in a minute. let's focus on the telegraph. underneath that story about the sunak smashing out the cash, we have the lockdown preventing on 0.2% of deaths in the first wave. that's the eye—catching headline the telegraph has taken. there is a bit more details adjusting and had a slightly bigger impact in other sectors, but what do you make of the analysis on the lockdown measures and number of
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deaths? i the lockdown measures and number of deaths? ~ , the lockdown measures and number of deaths? ~' , ., , ., deaths? i think it needs to be read very thoroughly- — deaths? i think it needs to be read very thoroughly. the _ deaths? i think it needs to be read very thoroughly. the actual - deaths? i think it needs to be read very thoroughly. the actual report| very thoroughly. the actual report suffers _ very thoroughly. the actual report suffers from —— is from john hopkins university _ suffers from —— is from john hopkins university. it's saying basically that the — university. it's saying basically that the town itself, and is not quite _ that the town itself, and is not quite clear what they mean by the full lockdown, but when we compare things— full lockdown, but when we compare things like _ full lockdown, but when we compare things like closing central shops, staying _ things like closing central shops, staying at— things like closing central shops, staying at home, closing schools, those _ staying at home, closing schools, those things have a bigger impact on death— those things have a bigger impact on death rates and reducing death rates than what's described as a lockdown. lots of— than what's described as a lockdown. lots of those elements were part of the lockdown anyway. and it also says the — the lockdown anyway. and it also says the social costs of lockdown were _ says the social costs of lockdown were greater than the costs... than the benefits —
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were greater than the costs... than the benefits. ithink were greater than the costs... than the benefits. i think a lot of people _ the benefits. i think a lot of people can understand that. you never _ people can understand that. you never hidden costs... immediate health— never hidden costs... immediate health consequences one covid is spreading — health consequences one covid is spreading. so, it's a very interesting report. ithink spreading. so, it's a very interesting report. i think you would — interesting report. i think you would need to read it in very close detail— would need to read it in very close detail to _ would need to read it in very close detail to see how it's stacks up. but it's— detail to see how it's stacks up. but it's certainly i think the thing is that this is the start of the reports that i think will come out about whether lockdowns ever worked and what they did. we have to remember as well, right at the beginning, we didn't know what we were dealing with and we'd seen pictures coming out of italy where we saw people being
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treated in tents and car parks. i think there was this feeling that whatever we needed to do that was not going to happen, that our loved ones... can you imagine one of your nearest and dearest ending their life in a tent in a car park? it was just appalling, and those were the scenes that we worried about. it's difficult now because you have to take yourselves back to that first—ever lockdown, but as they went on and as restrictions went on, and people lost theirjobs and people didn't go and get there health issues checked, we always knew that somewhere along the line, we would find out how much all of that worked. this is a study out of denmark, and it is fascinating, but it would be... we do need to see a bit more. there was also much criticism in this particular report
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