tv The Papers BBC News September 7, 2022 10:30pm-10:46pm BST
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parts of south-east england across parts of south—east england and across parts of northern england as well. overnight tonight, much of the thunder and lightning will calm down the heavy showers to come, particularly across southern parts of eastern england and scotland and northern ireland as well. mist and fog patches, about ten to 15 degrees. tomorrow, it is going to be another unsettled day of sunshine and showers and the showers grow to become thundery and heavy as we go into the afternoon. for many, there will be several showers throughout the day. the only exception to that story, we could see a lengthy spell of heavy rain affecting parts of eastern scotland. there is a chance that could last through thursday night into friday and as the hours tick by the could be some localised surface water flooding. otherwise friday, a day of sunshine and showers and some of them will be turning heavy and thundery during the course of the day. temperatures not changing too much, but when the sunshine pops out, september
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sunshine pops out, september sunshine still feels pretty warm. the weekend, better prospects on saturday, should be dry as high pressure building, but on sunday we have outbreaks of rain returning to western areas and becoming quite heavy. one thing i have noticed over recent nights, just how quickly it has been going dark. if we look at how much time we are losing off the length of the day, for london we are losing about three minutes 50 seconds every day and in thy wit, it gets worse, about 5.5 minutes less daylights each day. with longer nights, more time to enjoy those storms. thanks, chris. and that's bbc news at ten on wednesday, september 7th. there's more analysis of the days main stories on newsnight with kirsty, who's live in sheffield, which isjust getting under way on bbc two. the news continues here on bbc one, as now its time to join our colleagues across the nations and regions for the news where you are. but from the ten team, it's goodnight.
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hello and welcome to our look ahead to what the papers will be bringing us tomorrow. with me are annabel denham, director of communications at free market think tank the institute of economic affairs, and anand menon, director of the think—tank the uk in a changing europe, which describes itself as providing independent research on brexit and its impact. we will say hello and just a moment. tomorrow's front pages. the i previews tomorrow's announcement on energy bills, saying liz truss will unveil emergency support, but leaves questions over how it will be funded. the paper also notes the drop in the pound, also leads the financial times. the paper reports sterling is at its weakest since 1985, as markets face up to the challenges
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facing the new prime minister. the guardian reports some conservative mps believe about time, says the mirror, about that intervention, but the paper criticises the decision not to expand the windfall tax on oil and gas giants to pay for it. and the metro covers the killing of 19—year—old ashley wadsworth. it's as 23—year—old jack sepple has admitted murdering the canadian citizen after meeting on a dating app in essex earlier this year. the guardian reports some conservative mps believe pose a picture of the england midfielder who has signed a world record dealfrom midfielder who has signed a world record deal from manchester city to barcelona. let's get into it. hello and hello both. really interesting front pages because lots of focus on the energy bills, the announcement tomorrow.
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but also, lots of focus on the pound and the strength or lack thereof. let's go to the financial times, perhaps unsurprisingly, "pound slides as markets shudder." annabelle?— slides as markets shudder." annabelle? , , , annabelle? so, this is the news that the pound has _ annabelle? so, this is the news that the pound has fallen _ annabelle? so, this is the news that the pound has fallen to _ annabelle? so, this is the news that the pound has fallen to a _ annabelle? so, this is the news that the pound has fallen to a low- the pound has fallen to a low against the us dollar not seen since 1985. it's been across quite a few of tomorrow's front pages. it's fallen 0.4%. yields have fallen by seven percentage points. it has remained unchanged, so it might not be as catastrophic as per trade across the media. nonetheless, these are huge sums of money we're talking
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about. these are terrifying times for anyone's assuming the role of prime minister. it's not surprising that this scale of spending, speaking on marcus, this will be an extremely expensive scheme that the new prime minister is planning to freeze our energy bills —— speaking on markets. it would surpass the cost of the furlough scheme, but the furlough scheme was targeted at people who could not work during the pandemic, and my issue with what liz truss is planning is that this is going to be a very expensive measure and it won't be beneficial to all households and it won't bring down our consumption of energy is much as needed to end this crisis as soon as possible. quite a number of issues. there does seem to be a slight consensus about the plan, which is it's not great, but the fact is no
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options are great at the moment. just on the cost of it, because we've been following it in the financial times over the last few evenings. they started off with 100 billion, now estimating 90 billion over two years for households. then perhaps 60 billion on top for businesses, sojust keen perhaps 60 billion on top for businesses, so just keen watchers of the papers watching those numbers go up the papers watching those numbers go up and up. same story, different front page on the nb attendant. pound crashes to historic low. anand?— the nb attendant. pound crashes to historic low. anand? well, it points to the scale — historic low. anand? well, it points to the scale of— historic low. anand? well, it points to the scale of the _ historic low. anand? well, it points to the scale of the problems - historic low. anand? well, it points to the scale of the problems in - to the scale of the problems in the sense _ to the scale of the problems in the sense that — to the scale of the problems in the sense that even if she rolls out a package — sense that even if she rolls out a package that convinces people that she's doing the right thing to handle — she's doing the right thing to handle the energy price problems that all— handle the energy price problems that all households are facing, and we'll see _ that all households are facing, and we'll see criticism of the way she's trying _ we'll see criticism of the way she's trying to— we'll see criticism of the way she's trying to do—
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we'll see criticism of the way she's trying to do this, not least the fact that — trying to do this, not least the fact that this helps everyone. but even _ fact that this helps everyone. but even if— fact that this helps everyone. but even if she — fact that this helps everyone. but even if she does that, there is then the question about the debt, whether or not— the question about the debt, whether or not we _ the question about the debt, whether or not we can afford to keep borrowing. whether that debt becomes unsustainable. so, it's almost like if youhe _ unsustainable. so, it's almost like if you're prime minister, it's like whack— if you're prime minister, it's like whack mould. you deal with one problem. — whack mould. you deal with one problem, another one rears its head. part of— problem, another one rears its head. part of the _ problem, another one rears its head. part of the thinking is that this measure is a kind of one and done, but you don't have to return to this issue of energy bills and prices for the next couple of years. possibly, but there are _ the next couple of years. possibly, but there are two _ the next couple of years. possibly, but there are two things. - the next couple of years. possibly, but there are two things. one - the next couple of years. possibly, but there are two things. one of. but there are two things. one of them _ but there are two things. one of them is — but there are two things. one of them is about the numbers being printed _ them is about the numbers being printed in— them is about the numbers being printed in the papers. we don't know how much_ printed in the papers. we don't know how much this will cost because it will depend on the host cell gas price _
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will depend on the host cell gas price. what customers are paying what _ price. what customers are paying what the — price. what customers are paying what the wholesale cost, it will cost more. the best case scenario is it will— cost more. the best case scenario is it will last _ cost more. the best case scenario is it will last tili— cost more. the best case scenario is it will last till early next year, but it — it will last till early next year, but it could go on longer. there is a profound — but it could go on longer. there is a profound uncertainty. let's go to the front page of the i. kind of consensus on the front pages. truss reveals energy gamble as pound hits 1985 low. we should point out in fairness to liz truss that part of the reason the pound is so low is the dollar is so strong, and in times of uncertainty, people move into risk of assets. the dollar �*s been absolutely ripping. that's part of the reason why the pound is performing so badly. but that doesn't do liz truss much favours in the short term because these
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headlines aren't what she would've wanted at all, annabel.— wanted at all, annabel. know, but that said, wanted at all, annabel. know, but that said. i — wanted at all, annabel. know, but that said, i think— wanted at all, annabel. know, but that said, i think there's _ wanted at all, annabel. know, but that said, i think there's a - wanted at all, annabel. know, but that said, i think there's a degree | that said, i think there's a degree of sympathy that liz truss is coming into possibly and impossibly difficult in tray. most difficult since liam byrne's successor came into office. so i think that there will be a degree of sympathy for liz truss for the amount she's having to take on. thinking about the optimal time to enter into number ten. you would not choose september 2022, unfortunately, the situation will get worse before it gets better. i think what she is trying to set out here, and anand touched on this, she has a short—term plan to try and carry the british public through the next two months. at the same time,
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limiting a plan that we could reduce our dependency on importing sources of energy. so i think when she does, perhaps that will be reflected in popularity rankings among conservative backbenchers and the situation for liz truss at least may start to look more rosie. irate situation for liz truss at least may start to look more rosie.- start to look more rosie. we will come onto _ start to look more rosie. we will come onto that _ start to look more rosie. we will come onto that second _ start to look more rosie. we will come onto that second issue. - start to look more rosie. we will| come onto that second issue. she wants to help with people's bills now but fix the energy system itself. just want to pick up one line before we leave the i. former chancellor philip hammond in an interview saying that of future tax rise is inevitable. the taxpayer will have to pay. may be deferred
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into the future. let's get to the front page of the daily telegraph. truss vows never again on energy bills. what do you make of this, anand?i again on energy bills. what do you make of this, anand?— make of this, anand? i think it's very sensible — make of this, anand? i think it's very sensible and _ make of this, anand? i think it's very sensible and it's _ make of this, anand? i think it's very sensible and it's the - make of this, anand? i think it's very sensible and it's the kind i make of this, anand? i think it's very sensible and it's the kind of long-term — very sensible and it's the kind of long—term thinking we need. i wonder there will— long—term thinking we need. i wonder there will he _ long—term thinking we need. i wonder there will be the bandwidth to take there will be the bandwidth to take the same _ there will be the bandwidth to take the same decisions while we're in the same decisions while we're in the heat — the same decisions while we're in the heat of— the same decisions while we're in the heat of this crisis. it's worth remembering that whatever we do in the way— remembering that whatever we do in the way of— remembering that whatever we do in the way of increasing security and suppiy_ the way of increasing security and supply now is not going to have much impact _ supply now is not going to have much impact on _ supply now is not going to have much impact on this crisis whatsoever. there _ impact on this crisis whatsoever. there is— impact on this crisis whatsoever. there is the _ impact on this crisis whatsoever. there is the here and now, spiralling _ there is the here and now, spiralling energy bills for houses and businesses, and the medium—term.
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so, and businesses, and the medium—term. 50. this— and businesses, and the medium—term. 50. this is— and businesses, and the medium—term. 50. this is a _ and businesses, and the medium—term. so, this is a crisis that will unfold _ so, this is a crisis that will unfold in— so, this is a crisis that will unfold in several stages, but i have to say— unfold in several stages, but i have to say i'm _ unfold in several stages, but i have to say i'm reassured that the prime minister— to say i'm reassured that the prime minister 's — to say i'm reassured that the prime minister '5 thinking in these terms now that _ minister 's thinking in these terms now that it— minister '5 thinking in these terms now that it will be all too easy to -et now that it will be all too easy to get carried — now that it will be all too easy to get carried away and not think longer— get carried away and not think longer term. get carried away and not think longer term-— get carried away and not think longer term. get carried away and not think lonuerterm. ., h , . longer term. that's exactly what the front -a . e longer term. that's exactly what the front page says. _ longer term. that's exactly what the front page says. so _ longer term. that's exactly what the front page says, so that _ longer term. that's exactly what the front page says, so that soaring - front page says, so that soaring bills this winter will never be repeated. you rememberfrom the bills this winter will never be repeated. you remember from the from the hustings, she said few things make her more sad than the site of solar panels in farmers' fields. let's move the daily mirror. navin taking a slightly different tone —— they have been. their headline is simply it, about time. but she
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refuses to make energy firms pay. annabel. it refuses to make energy firms pay. annabel. ., , refuses to make energy firms pay. annabel. . , , ., ., annabel. it was news to me. that the new prime minister— annabel. it was news to me. that the new prime minister was... _ annabel. it was news to me. that the new prime minister was... they - new prime minister was... they certainly seemed to be please that she's pressing ahead with the energy freeze. it's all a resulting boost in his popularity ratings directly after that. the fact that liz truss is against windfall taxes, now i chair the new prime minister. i think they will distance and advise his competition. i think liz truss is right to be referring back to some of the measures asked this year
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but it will be to the dismay to the readers. �* ., but it will be to the dismay to the readers. ~ . �* , , readers. indeed. anand, let's 'ust reflect readers. indeed. anand, let's 'ust reflect back — readers. indeed. anand, let's 'ust reflect back on i readers. indeed. anand, let's 'ust reflect back on today i readers. indeed. anand, let's 'ust reflect back on today because i readers. indeed. anand, let'sjust reflect back on today because it . readers. indeed. anand, let'sjust. reflect back on today because it has been a significant day. it's a first opportunity the uk public has had to see what kind of prime minister she will be. i see what kind of prime minister she will be. ., ., will be. i thought the whole spectacle — will be. i thought the whole spectacle was _ will be. i thought the whole spectacle was slightly - will be. i thought the whole i spectacle was slightly lacking will be. i thought the whole - spectacle was slightly lacking in energy~ — spectacle was slightly lacking in energy. we saw a debate between keir starmer— energy. we saw a debate between keir starmer and liz truss about policy. it starmer and liz truss about policy. it was _ starmer and liz truss about policy. it was very. — starmer and liz truss about policy. it was very, very different under boris _ it was very, very different under borisjohnson, and the two sides staking _ borisjohnson, and the two sides staking out very, very different ideologies. keir starmer, far more
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interventionist. with a focus on growth — interventionist. with a focus on growth and whatever it takes, that's what ili— growth and whatever it takes, that's what i'ii do — growth and whatever it takes, that's what i'll do. so, i think the battle lines _ what i'll do. so, i think the battle lines are — what i'll do. so, i think the battle lines are getting drawn early on because they realise that even when we're _ because they realise that even when we're out _ because they realise that even when we're out of the crisis, they are going _ we're out of the crisis, they are going to — we're out of the crisis, they are going to dominate or political life. we can— going to dominate or political life. we can gather so much soap quickly. same question to you, annabel. i same question to you, annabel. i think anand is absolutely right that this is a policy debate and it is setting the tone for the next two years. i welcome this that the two leaders will be playing the ball and not the man and talking about the economy, talking about policy, talking about the cost of living crisis from very different perspectives. but it
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