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tv   The Papers  BBC News  June 16, 2022 10:30pm-10:46pm BST

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half past ten. time for a look at the weather. here's ben rich. the peak of the building for a few days. the rest of london got to 25.9 degrees, cardiff 26, and a little cooler for scotland and northern ireland, as it will be tomorrow. but looking at these temperatures across the south—west of europe, this ao looking at these temperatures across the south—west of europe, this a0 in southern france is a record breaker, the earliest point in the year france has reached a0 degrees. some of that heat wafts northwards tomorrow. 33 is likely to be our high, but that peak is extensive across england and wales and actually we will get off to pretty mild and muggy start tomorrow morning, 13—16, mild and muggy start tomorrow morning, 13—16 , but you can see behind me reigned for scotland and northern ireland. that will be thinking southwards and eastwards through the day and behind that cooler, fresher air and ahead of it
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is where we will see the hot conditions. split fortunes by tomorrow afternoon. this is a closer look. highest temperature in scotland likely to be 21 degrees in aberdeen. quite windy up to the north—west as well and northern ireland up to around 18. now we have this band of cloud and patchy rain and to the south of that, aside from dismissed and mark there will be lots of sunshine. east wales, the midlands, the west country —— mist and murk. tomorrow night will be very warm and muggy in the south. to the south of this front. to the north, a cooler and fresher start to saturday morning. al around the line of the weather front on saturday we could see some heavy thundery rain and for most it will be a cooler day, but heat will cling on in the south—east corner. 27 to maybe 29 degrees but it won't cling on for long. all of us cooler and fresher by sunday and by this point there could be some heavy thundery rain in the south. lord geidt. cooler and
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fresher sounds good to me. —— huw. thanks, ben. and that's bbc news at ten on thursday 16th june — there's more analysis of the day's main stories on newsnight with katie razzall, which isjust getting under way on bbc two. the news continues here on bbc one, as now it's time to join our colleagues across the nations and regions for the news where you are. but from the ten team it's goodnight. hello, and welcome to our look ahead to what the papers will be bringing us tomorrow. with me arejoe mayes, uk reporter for bloomberg, and the broadcaster penny smith.
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thanks to both of you forjoining us this evening. let's have a quick look at the front pages. the i newspaper leads on that rise in interest rates, as the bank of england warns prices could reach up to 11%. the paper claims ministers have ruled out tax cuts until 202a. the guardian's focuses on borisjohnson�*s decision to potentially scrap the role of ethics adviser, after lord geidt quits after the prime minister put him in an impossible and odious position. the ft pictures ukraine's president zelensky greeting european leaders from france germany, italy, and romania in a show of solidarity following russia's invasion. and the metro features the american artist beyonce, in all her golden glory. queen bey is back with herfirst solo album in six years, due to release next month.
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let us start with the ft, joe, can i begin with you — it's saying markets are suffering, we've had this interest rate rise, and also the fact that switzerland has opted for its first rise in 50 years. yes. fact that switzerland has opted for its first rise in 50 years.— its first rise in 50 years. yes, and the bank of _ its first rise in 50 years. yes, and the bank of england _ its first rise in 50 years. yes, and the bank of england with - its first rise in 50 years. yes, and the bank of england with its - its first rise in 50 years. yes, and the bank of england with its fifth | the bank of england with its fifth consecutive increase in interest rates as it effectively tries to put the lid on inflation that we are seeing across the world but especially in the uk, fuelling that cost—of—living crisis, rising to 11% compared to 10% previously. just trying to take some heat out of the economy — but by doing so, they will aggravate the cost—of—living crisis because that means mortgage payments will go up. but by not trying to tip the country into a recession but bring that inflation down to 2.5% target — it's a very difficultjob for the governor. d0
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target - it's a very difficult “ob for the governor.�* for the governor. do you think --eole for the governor. do you think peeple are — for the governor. do you think people are more _ for the governor. do you think people are more exercised - for the governor. do you think people are more exercised by| for the governor. do you think. people are more exercised by the trend in rate rises or inflation? i think probably we are a nation of two parts - — think probably we are a nation of two parts — those of us who remember inflation _ two parts — those of us who remember inflation in _ two parts — those of us who remember inflation in the 1970s and 80s, i think— inflation in the 1970s and 80s, i think that's the they are now suggesting 11% will echo the highest since 1981. but those of us who remember before then, going to the supermarket and genuinely looking through— supermarket and genuinely looking through tends to find one that had been there the month before because it was_ been there the month before because it was cheaper and everything — just having _ it was cheaper and everything — just having to _ it was cheaper and everything — just having to grab it there and then. i was having to grab it there and then. i wasjust_ having to grab it there and then. i wasjusi her— having to grab it there and then. i wasjust her myself having to grab it there and then. i was just her myself of when i having to grab it there and then. i wasjust her myself of when i did economics — wasjust her myself of when i did economics a level, i was thinking about, as — economics a level, i was thinking about, as you do with these things, how could _ about, as you do with these things, how could inflation be good? because obviously _ how could inflation be good? because obviously we talk about how bad it
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is — obviously we talk about how bad it is - we _ obviously we talk about how bad it is — we know the downside of inflation _ is — we know the downside of inflation. but actually there could be a downside, i was reminded, in the fact— be a downside, i was reminded, in the fact that — be a downside, i was reminded, in the fact that it does formulate some form of— the fact that it does formulate some form of growth. you think, "i need to get— form of growth. you think, "i need to get this — form of growth. you think, "i need to get this done now before it goes up to get this done now before it goes up next _ to get this done now before it goes up next month, and two months' time, next yeah " _ up next month, and two months' time, next yeah" so — up next month, and two months' time, next year." so it does stimulate growth — next year." so it does stimulate growth on — next year." so it does stimulate growth on the plus side, and i'm sure joe — growth on the plus side, and i'm sure joe has a different view on that _ sure joe has a different view on that. g ., �* ., ., ~' sure joe has a different view on that. g ., �* ., ., ~ ., ., that. joe, we're looking at a potential— that. joe, we're looking at a potential recession, - that. joe, we're looking at a potential recession, aren't l that. joe, we're looking at a i potential recession, aren't we? that. joe, we're looking at a - potential recession, aren't we? yes, modest inflation _ potential recession, aren't we? yes, modest inflation - _ potential recession, aren't we? yes, modest inflation - when _ potential recession, aren't we? yes, modest inflation - when he - potential recession, aren't we? ye: modest inflation — when he gets is high edits it is now, it starts eroding into savings, it takes confidence out of the economy because people have less money to spend date today because their shopping basket has become increasingly costly, energy prices are rising. that's what often tips
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you into recessions, that's why inflation can be very worrying and that's why the bank is worried, that's why the bank is worried, that's why the bank is worried, that's why they are raising interest rates. ., , that's why they are raising interest rates. . , , ., , ., rates. the i leads with the story of no tax cuts — rates. the i leads with the story of no tax cuts for _ rates. the i leads with the story of no tax cuts for two _ rates. the i leads with the story of no tax cuts for two years as - no tax cuts for two years as inflation hits for 11%. rishi sunak says bringing forward a tax cut will stoke inflation further. this says bringing forward a tax cut will stoke inflation further.— stoke inflation further. this is the oint stoke inflation further. this is the point about _ stoke inflation further. this is the point about inflation, _ stoke inflation further. this is the point about inflation, and - stoke inflation further. this is the point about inflation, and the - stoke inflation further. this is the l point about inflation, and the thing about— point about inflation, and the thing about - _ point about inflation, and the thing about - it— point about inflation, and the thing about - it is— point about inflation, and the thing about — it is incredibly difficult and, _ about — it is incredibly difficult and. my— about — it is incredibly difficult and, my goodness, what a difficult balancing — and, my goodness, what a difficult balancing act everyone has got at the moment. it is the perfect storm with the _ the moment. it is the perfect storm with the war— the moment. it is the perfect storm with the war in ukraine, the situation _ with the war in ukraine, the situation with gas prices, etc. and then— situation with gas prices, etc. and then you've — situation with gas prices, etc. and then you've got this personal tax cut then you've got this personal tax out which— then you've got this personal tax cut which originally was mooted to 2024 _ cut which originally was mooted to 2024 but— cut which originally was mooted to 2024. but they can't do everything at the _ 2024. but they can't do everything at the moment, it's all about all hands _ at the moment, it's all about all hands to— at the moment, it's all about all hands to the pump to try and get inflation down. joe also didn't
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mention mortgage rates — people are taking _ mention mortgage rates — people are taking risks, — mention mortgage rates — people are taking risks, that's the other thing. — taking risks, that's the other thing, people are taking risks to shore _ thing, people are taking risks to shore up — thing, people are taking risks to shore up the money they do have. so no longer being cautious because they are — no longer being cautious because they are thinking, "well, the e1 in my pocket — they are thinking, "well, the e1 in my pocket is no longer worth £1." and that — my pocket is no longer worth £1." and that is — my pocket is no longer worth £1." and that is another problem with inflation — and that is another problem with inflation. �* ., and that is another problem with inflation. �* . . , �* inflation. and tax cuts - we've heard a lot — inflation. and tax cuts - we've heard a lot of _ inflation. and tax cuts - we've heard a lot of talk _ inflation. and tax cuts - we've heard a lot of talk about - inflation. and tax cuts - we've . heard a lot of talk about potential tax cuts and calls for that from some parts of the conservative party, but it's difficult to see how they deliver that even if they'd want to ahead of an election. i want to ahead of an election. i think the conservative party and rishi sunak, michael gove, boris johnson — they always like to tell you they are tax cutters by instinct. but in this current climate, they're saying it's not possible because they think it would stoke inflation further by putting money back into people bust my pockets which they could then spend— but wouldn't that help with the cost
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of living crisis? they're having to walk a tightrope between those two outcomes. it also rishi sunak wants to repair the public finances to help pay off covid backlogs in the nhs, for example. they want to be tax—cutting but they think now isn't the right time. tax-cutting but they think now isn't the right time-— the right time. finally on this, the metro on abaco _ the right time. finally on this, the metro on abaco 11%: _ the right time. finally on this, the metro on abaco11%: hell- the right time. finally on this, the metro on abaco11%: hell is - the right time. finally on this, the metro on abaco 11%: hell is on - metro on abaco11%: hell is on the way." energy and shopping bills are surging. the interesting thing is we are seeing lots of people struggling with basics like food and heating, and all those choices. but this level of inflation, everyone feels it, don't they? it affects your choices as a family regarding what you do, for anyone working about what work they can get. it is unprecedented in recent times. but!
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unprecedented in recent times. and it has a knock— unprecedented in recent times. and it has a knock on effect, because everybody — it has a knock on effect, because everybody tightens their belt, tightens their belt at the same time — tightens their belt at the same time you _ tightens their belt at the same time. you cut back on everything, from _ time. you cut back on everything, from going — time. you cut back on everything, from going to the cinema, to going out to— from going to the cinema, to going out to eat. — from going to the cinema, to going out to eat, etc. that means the companies _ out to eat, etc. that means the companies then have a problem. it's a knock— companies then have a problem. it's a knock on _ companies then have a problem. it's a knock on effect, so people who work _ a knock on effect, so people who work in _ a knock on effect, so people who work in these different industries then find — work in these different industries then find there are more and more issues _ then find there are more and more issues and — then find there are more and more issues and problems. it's a spiral, that's— issues and problems. it's a spiral, that's the — issues and problems. it's a spiral, that's the problem. as i said, it's one of— that's the problem. as i said, it's one of those awful things where it .oes one of those awful things where it goes up. — one of those awful things where it goes up, and then before you know it it's gone _ goes up, and then before you know it it's gone up— goes up, and then before you know it it's gone up again. yes, it's incredibly— it's gone up again. yes, it's incredibly difficult for everybody — i incredibly difficult for everybody — i say _ incredibly difficult for everybody — i say everybody, it's not for everybody, but it's for the vast majority — everybody, but it's for the vast majority of people, incredibly difficult _ majority of people, incredibly difficult. and the mortgages, everything just becomes the dread of
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the bill— everything just becomes the dread of the bill landing on the mat. and let's— the bill landing on the mat. and let's face — the bill landing on the mat. and let's face it, look at the interest on gas — let's face it, look at the interest on gas bills, it's terrifying. just finall on on gas bills, it's terrifying. just finally on this, _ on gas bills, it's terrifying. just finally on this, this _ on gas bills, it's terrifying. inst finally on this, this is a global problem to a degree, but the uk, how is it faring with comparative economies?— is it faring with comparative economies? ., , ., , , , economies? one of the problems is we have a significant _ economies? one of the problems is we have a significant lack— economies? one of the problems is we have a significant lack of— economies? one of the problems is we have a significant lack of energy - have a significant lack of energy storage, so we are seeing these... for now, it is pretty bad. i think many people feel today that the price rises they are seeing at the petrol pumps are painful. but we haven't gotten to the worst of it yet, the energy price cap is going up, and that's when we will see the big hike to 11%. it's gonna feel even worse, and it's a really tough time for everybody. let us move on to the political woes at the heart
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of downing street. still to the political woes at the heart of downing street.— to the political woes at the heart of downing street. still rocking the prime minister, _ of downing street. still rocking the i prime minister, the guardian leading on the fact thatjohnson scraps the role of ethics adviser after lord geidt�*s resignation. it'll be interesting to see how many people would put their stomach in themselves up for the role, but it might be a good idea to not have anyone at all. i’m might be a good idea to not have anyone at all-— might be a good idea to not have anyone at all. i'm reminded of the oscar wilde _ anyone at all. i'm reminded of the oscar wilde comment, _ anyone at all. i'm reminded of the oscar wilde comment, "to - anyone at all. i'm reminded of the oscar wilde comment, "to lose i anyone at all. i'm reminded of the i oscar wilde comment, "to lose one ethics _ oscar wilde comment, "to lose one ethics adviser looks careless," or however— ethics adviser looks careless," or however the quote goes. the second adviser— however the quote goes. the second adviser to _ however the quote goes. the second adviser to resign at borisjohnson's behaviour— adviser to resign at borisjohnson's behaviour in — adviser to resign at borisjohnson's behaviour in under two years. now there _ behaviour in under two years. now there has— behaviour in under two years. now there has been this suggestion in there has been this suggestion in the papers recently about the fact that lord — the papers recently about the fact that lord geidt had said he was on the brink— that lord geidt had said he was on the brink of— that lord geidt had said he was on the brink of resigning over those downing — the brink of resigning over those downing street party scandals, and this seems to be the straw that broke _ this seems to be the straw that broke the — this seems to be the straw that broke the camel's back. a section about— broke the camel's back. a section about something — i don't know about you. but— about something — i don't know about you. but i_ about something — i don't know about you, but i had not heard about these
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plans _ you, but i had not heard about these plans to _ you, but i had not heard about these plans to break into these subsidies for the steel industry, saying it would — for the steel industry, saying it would make a mockery of the government's code of conduct to deliberately break his own code. on the other— deliberately break his own code. on the other side, you think, if he's not abiding _ the other side, you think, if he's not abiding by what they say, there is a large _ not abiding by what they say, there is a large argument that says, if you will abide by them and you'll 'ust you will abide by them and you'll just sit— you will abide by them and you'll just sit there and go abaco 0k you will abide by them and you'll just sit there and go abaco ok i'm not taking — just sit there and go abaco ok i'm not taking that advice," then there is a question of, why would you have another? _ is a question of, why would you have another? ., g ., ., ., ., , ., , another? lord jonathan evans has said this post _ another? lord jonathan evans has said this post should _ another? lord jonathan evans has said this post should not - another? lord jonathan evans has said this post should not be - said this post should not be scrapped, but strengthened. it'll make you would think it's helpful to have an adviser to the government on ethics, particularly to look at the ministerial code and see whether the government is abiding by it. but there was government is abiding by it. ent there was always the slight farce about the position of lord geidt in that he was ultimately reportable to the prime minister. he didn't have the prime minister. he didn't have the power to initiate his own
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investigations, the premise or had to give him permission to do that. it's very strange, you would hope that if the rollover to continue it would be made more and independent. the problem is he mightjust do away with it against the advice of parliament and the advice of learned colleagues. parliament and the advice of learned collea . ues. �* , parliament and the advice of learned colleauues. �* , ., ,., parliament and the advice of learned colleauues. �*, ., , ., , colleagues. there's also the story of johnson _ colleagues. there's also the story of johnson could _ colleagues. there's also the story of johnson could scrap _ colleagues. there's also the story of johnson could scrap the - colleagues. there's also the story ofjohnson could scrap the role i colleagues. there's also the story ofjohnson could scrap the role of| ofjohnson could scrap the role of ethics adviser. do you think it will affect conservative mps's view of borisjohnson if he's not even willing to have this role of some oversight, given all the criticism? i don't know whatjoe thinks about i don't know what joe thinks about this, _ idon't know what joe thinks about this, but— i don't know what joe thinks about this, but there does seem to be a point _ this, but there does seem to be a point now— this, but there does seem to be a point now where people are raged on various— point now where people are raged on various sites, and i think this will 'ust various sites, and i think this will just harden— various sites, and i think this will just harden the positions on both sides _ just harden the positions on both sides. a, , just harden the positions on both sides. , �* , just harden the positions on both sides. , 2 ., ., ., sides. may be. let's move onto another story —
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sides. may be. let's move onto another story on _ sides. may be. let's move onto another story on the _ sides. may be. let's move onto another story on the daily - sides. may be. let's move onto - another story on the daily telegraph front page. " gatwick reducing summer flight numbers." front page. " gatwick reducing summerflight numbers." i'm sure we are all desperate in need of a holiday, whether staying at home were trying to escape, and the idea of more flight chaos is pretty alarming. of more flight chaos is pretty alarmina. ~ of more flight chaos is pretty alarming-— of more flight chaos is pretty alarmina. ., alarming. we saw all those chaotic scenes over _ alarming. we saw all those chaotic scenes over the _ alarming. we saw all those chaotic scenes over the platinum - alarming. we saw all those chaotic scenes over the platinum jubilee l scenes over the platinum jubilee week. the story is about how gatwick is trying to avoid that in the future by reducing the number of flights that go through the airports. they're taking it down to 825 in july. airports. they're taking it down to 825 injuly. so the hope is that this will mean that up to 800,000 people will have their flights affected, but the hope is that we can do it ahead of time rather than last—minute cancellations that we saw over the platinum jubilee weekend which caused all that chaos. gatwick takes the view that they cannot handle what happens at the platinum jubilee so let's get ahead of it now by putting her assertions on these numbers, which will cause numbers but better than the chaos we
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had.

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