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tv   The Papers  BBC News  October 15, 2022 10:30pm-10:46pm BST

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president erdogan promises an investigation during a visit of the scene. hello and welcome to our look ahead to what the papers will be bringing us tomorrow. with me are the writer and broadcaster kate bevan, and annabel denham, the director of communications for the institute of eeconomic affairs, which is a free market think tank. tomorrow's front pages, starting with... ..the sunday express goes for thejugular with the headline "revealed — secret plot to oust pm". 100 tory mps back bid for a unity candidate to take the helm at number 10. the sunday mirror poses the question "what next for britain?"
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tories want "big ben" wallace, the defence secretary, for pm. the sunday telegraph focuses on the new chancellor with its headline — "jeremy hunt delays 1p tax cut as bank backs chancellor". jeremy hunt hogs the front page of the independent, above the banner, "hunt rips up pm's plans" and warns that conservative donors and business leaders are turning on liz truss. meanwhile, the sunday times has a quartet ofjeremy hunt snaps and argues that plotters are circling the wounded pm as hunt takes "full control". that was a little flavour of some of those front pages. hello to both of you. we will start off, i think, with the sunday times. annabel, could you for us, please?- could you for us, please? share. the are could you for us, please? share. they are focusing _ could you for us, please? share. they are focusing on _ could you for us, please? share. they are focusing on a _ could you for us, please? share. they are focusing on a jeremy i could you for us, please? share. - they are focusing on a jeremy hunt, they are focusing on a jeremy hunt, the recently appointed chancellor of the recently appointed chancellor of the ex and the way in which he has
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you turned on at the mini budget to such an extent... apart from the national insurance like that was introduced earlier this year, and everything else has been your turned on. one senior tory mp has said she is in office, trustmark, while he is in power. that echoes those comments by moorman lamont in the early 1990s that the conservative party was giving the idea of being in office but not in power. the idea that liz truss mac's days are numbered. she and her team can barely bring themselves to look at the newspapers from monday to the next. the sunday times really on and taking control, his u—turns on certain elements of the budget. those i'm not sure those
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images really capture him being in control, that is certainly not the impression that i'm getting there. what impression did you get, annabel? ~ , , ., , annabel? well, i suppose it has the full spectrum _ annabel? well, i suppose it has the full spectrum of _ annabel? well, i suppose it has the full spectrum of emotions _ annabel? well, i suppose it has the full spectrum of emotions there - annabel? well, i suppose it has the. full spectrum of emotions there from the new chancellor of the exchequer. i watch interview�*s earlier on today and he certainly seem to give the illusion of calm, but i would not necessarily say that is reflected on that front page. necessarily say that is reflected on that front page-— that front page. kate, the paper oints out that front page. kate, the paper points out it _ that front page. kate, the paper points out it is _ that front page. kate, the paper points out it is not _ that front page. kate, the paper points out it is notjust - that front page. kate, the paper points out it is not just the - points out it is notjust the backbenchers that are crying out for the prime minister to step down. ida. the prime minister to step down. no, a- arentl the prime minister to step down. no, apparently it — the prime minister to step down. no, apparently it is cabinet ministers as welt — apparently it is cabinet ministers as well. just looking at the photos, though. _ as well. just looking at the photos, though. is— as well. just looking at the photos, though, is annabel is pointing out, to someone — though, is annabel is pointing out, to someone who has laid out a fair few news— to someone who has laid out a fair few news pages are newspapers at times, _ few news pages are newspapers at times, actually does are great pictures— times, actually does are great pictures ofjeremy hunt. you have all the _ pictures ofjeremy hunt. you have all the front pages looking the same. — all the front pages looking the same, taking those four really dynamic— same, taking those four really dynamic pictures ofjeremy hunt has worked _ dynamic pictures ofjeremy hunt has worked really well. as annabel says, the pictures— worked really well. as annabel says, the pictures they have chosen don't
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exactly _ the pictures they have chosen don't exactly give the impression of gravitas _ exactly give the impression of gravitas. there truss is really under — gravitas. there truss is really under pressure notjust gravitas. there truss is really under pressure not just from gravitas. there truss is really under pressure notjust from her backbenchers, but also from cabinet ministers _ backbenchers, but also from cabinet ministers and the abbas ear —— atmosphere sans poison is the moment _ atmosphere sans poison is the moment. ., ., ., , ., moment. how long do you give her, kate? along — moment. how long do you give her, kate? along to _ moment. how long do you give her, kate? along to give _ moment. how long do you give her, kate? along to give the _ moment. how long do you give her, kate? along to give the prime - kate? along to give the prime minister question mcnulty betting women, but the way things are moving very quickly maybe the end of next week. �* ., ., . week. i'm not in touch with the westminster _ week. i'm not in touch with the westminster bubble, _ week. i'm not in touch with the westminster bubble, so - week. i'm not in touch with the westminster bubble, so that i week. i'm not in touch with the westminster bubble, so that isi week. i'm not in touch with the i westminster bubble, so that is a guess _ westminster bubble, so that is a cuess. ,., westminster bubble, so that is a cuess. ,. , ., westminster bubble, so that is a cuess. , ., ., i. guess. the same question to you before we _ guess. the same question to you before we move _ guess. the same question to you before we move on. _ guess. the same question to you before we move on. i— guess. the same question to you before we move on. i was - guess. the same question to you before we move on. i was struck| guess. the same question to you i before we move on. i was struck by how quickly — before we move on. i was struck by how quickly things _ before we move on. i was struck by how quickly things have _ before we move on. i was struck by how quickly things have moved. - before we move on. i was struck by how quickly things have moved. if i how quickly things have moved. if you had asked me that question a week or so ago, might have said she would hold on until the may elections and if the results there were catastrophic, that would be the time the conservative mps which is to oust her. i would say that they are being quite short term it in any way they were when boris johnson are being quite short term it in any way they were when borisjohnson was way they were when boris johnson was removed. how many conservative mps are really thinking about the consequences of the actions they
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take no? whoever replaces liz truss is premised on whatever course they chose to take, they are going to be navigating a very, very difficult waters —— replaces liz truss as prime minister. things are going to get a lot worse before they get better, so i do not think they should view a new leader as a panacea. speaking of leaders, leader as a panacea. speaking of leaders. the _ leader as a panacea. speaking of leaders, the sunday _ leader as a panacea. speaking of leaders, the sunday times - leader as a panacea. speaking of leaders, the sunday times has i leaders, the sunday times has pointed out thatjeremy hunt is now being referred to as any chief executive. meanwhile, as we turn to the front page of the matter, it is ben wallace, big ben, in fact. then's name has been in play for a while, _ then's name has been in play for a while, so _ then's name has been in play for a while, so nike is keeping a very low profile _ while, so nike is keeping a very low profile at— while, so nike is keeping a very low profile at the moment. it is all friends — profile at the moment. it is all friends of— profile at the moment. it is all friends of so and aids of snack —— friends _ friends of so and aids of snack —— friends and — friends of so and aids of snack —— friends and aids mac of sunak. it is also up _ friends and aids mac of sunak. it is also up in — friends and aids mac of sunak. it is also up in the air and i think it is
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noticeable — also up in the air and i think it is noticeable that it is only the mirror— noticeable that it is only the mirror who has ben wallace's them in play. mirror who has ben wallace's them in play the _ mirror who has ben wallace's them in play. the times that we have just left behind has said the sunak has said if— left behind has said the sunak has said if the — left behind has said the sunak has said if the job is offered, he would take it _ said if the “0b is offered, he would take it. ~ ., ., said if the “0b is offered, he would take it. . . . ., , take it. what are the names you think ademi _ take it. what are the names you think ademi had? _ take it. what are the names you think ademi had? penny - take it. what are the names you - think ademi had? penny mordaunt's name is in play- _ think ademi had? penny mordaunt's name is in play. it— think ademi had? penny mordaunt's name is in play. it would _ think ademi had? penny mordaunt's name is in play. it would be - think ademi had? penny mordaunt's name is in play. it would be up- think ademi had? penny mordaunt's name is in play. it would be up to i name is in play. it would be up to the tories — name is in play. it would be up to the tories to _ name is in play. it would be up to the tories to work out the bloodshed of who— the tories to work out the bloodshed of who gets to be prime minister, who gets — of who gets to be prime minister, who gets to shore them up as the numher— who gets to shore them up as the number two. and maybe sunak and mordaunt— number two. and maybe sunak and mordaunt may be a good choice because — mordaunt may be a good choice because they were the other option so did _ because they were the other option so did best — because they were the other option so did best in the leadership hailot.~ _ so did best in the leadership ballot,. �* ., , so did best in the leadership ballot,. �* . , ., , so did best in the leadership ballot,. �* . , ., so did best in the leadership ballot,. ~ . ., , ballot,. annabel, any other names ou would ballot,. annabel, any other names you would like _ ballot,. annabel, any other names you would like to _ ballot,. annabel, any other names you would like to add _ ballot,. annabel, any other names you would like to add to _ ballot,. annabel, any other names you would like to add to that - ballot,. annabel, any other names you would like to add to that list? | you would like to add to that list? i think we have got to remember that ben wallace did not throw his hat in the ring when he had the opportunity to end it looked like he would get support of both conservative mps and at the party membership. he said at
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the time he consulted with his family and colleagues and decided that he was not going to go for the topjob. it may be that he was not going to go for the top job. it may be the case that other conservative mps would like him to take on, to assume the mantle of prime minister, but that it is not something he would put himself forward for, at least not at this stage. although i did read something earlier this evening that suggested if any defence budget was to be cut, because that 3% was something wallace negotiated with a liz truss during the campaign, perhaps he would be on manoeuvres so pretty uncertain what will happen there. like i said previously, october 2022, it would be pretty terrible time to come in as a prime minister. i'm just not sure how many conservative mps really want that job. 0k, the ok, the independent. actually, annabel, the fact you have just said that, what sort of shape to get think the tory party is in at the
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moment?— think the tory party is in at the moment? ~ , ., , , moment? well, things, undoubtedly, are not going — moment? well, things, undoubtedly, are not going especially _ moment? well, things, undoubtedly, are not going especially well. - moment? well, things, undoubtedly, are not going especially well. i - are not going especially well. i think for later trust, sacking kwasi kwarteng is only going to save her skin for a matter of weeks —— i think for laser trustmark. it has only bought so much time. they have had to u—turn on many elements of the mini budget and there is definitely a sense on the economic side that we are back to an attitude of well, nothing can really be done because it is too difficult, back in that doom loop of higher taxes, spending cuts, and a sluggish growth. so if you're looking at the amount of support conservative party might be getting from members, from conservative members, members of the party themselves, perhaps even donors, they may be scratching our heads and wonder, if it is not going to pursue a free—market agenda, if it's not going to pursue tracks cuts and try to rein in government spending and shrink the size of the
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state, what really does the conservative party stand for any more question might be independent points out, kate, that conservative donors, as well as business leaders are now turning on the prime minister. , ., , are now turning on the prime minister. , . , , , minister. yes, i mean this is very much a sense _ minister. yes, i mean this is very much a sense of— minister. yes, i mean this is very much a sense of looming - minister. yes, i mean this is very much a sense of looming doom l minister. yes, i mean this is very. much a sense of looming doom for minister. yes, i mean this is very - much a sense of looming doom for liz truss _ much a sense of looming doom for liz truss. cabinet ministers are beefing against _ truss. cabinet ministers are beefing against her. — truss. cabinet ministers are beefing against her, donors are lining up against — against her, donors are lining up against her, donors are lining up against her, backbenchers are lining up against her, backbenchers are lining up against _ against her, backbenchers are lining up against her. there are plots throwing — up against her. there are plots throwing scratch my clients are air, thickening — throwing scratch my clients are air, thickening of the time, and donors are a _ thickening of the time, and donors are a big _ thickening of the time, and donors are a big problem if they're pulling back as _ are a big problem if they're pulling back as well. just the sense of rising — back as well. just the sense of rising crisis. it is coming out liz truss— rising crisis. it is coming out liz truss from _ rising crisis. it is coming out liz truss from all corners. and rising crisis. it is coming out liz truss from all corners.- truss from all corners. and the fact, i truss from all corners. and the fact. i suppose. _ truss from all corners. and the fact, i suppose, october- truss from all corners. and the fact, i suppose, october 31 - truss from all corners. and the fact, i suppose, october 31 is l truss from all corners. and the - fact, i suppose, october 31 is when fact, isuppose, october 31 is when we see exactly the directionjeremy hunt is going to take. he is pictured on the front page of the independent. in terms of business leaders, what do you think needs to be in that fiscal statement, kate? j
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be in that fiscal statement, kate? i thinkjust a sense that taxation regime — thinkjust a sense that taxation regime is — thinkjust a sense that taxation regime is under control because we have got— regime is under control because we have got it — and policy statements, they have not been courted by the obr. just a sense _ been courted by the obr. just a sense of— been courted by the obr. just a sense of a — been courted by the obr. just a sense of a firm hand on the tiller of somebody who understands the economy, — of somebody who understands the economy, what are the headwinds are that the _ economy, what are the headwinds are that the economy is facing, what that the economy is facing, what that means for businesses, what it means— that means for businesses, what it means for— that means for businesses, what it means for working people too. i'm not sure _ means for working people too. i'm not sure the — means for working people too. i'm not sure the tories are offering that at— not sure the tories are offering that at the moment. i think there is a real sense that the tories are out of ideas _ a real sense that the tories are out of ideas. �* ., ., ., ., of ideas. again on the front of the independent. _ of ideas. again on the front of the independent, admitting _ of ideas. again on the front of the independent, admitting a - of ideas. again on the front of the independent, admitting a mistake of ideas. again on the front of the - independent, admitting a mistake was made. it is not often that a politician will admit to that. trio made. it is not often that a politician will admit to that. no in this case i think _ politician will admit to that. no in this case i think it _ politician will admit to that. no in this case i think it is _ politician will admit to that. no in this case i think it is jeremy - politician will admit to that. no in this case i think it is jeremy hunt | this case i think it isjeremy hunt admitting to that on liz truss's behalf of those that he was quite away from the mini budget, not as a cabinet member at the time. now having assumed the role of the chancellor of the exchequer. he has
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made very clear it was kwasi kwarteng who ultimately picked that fight with the institutional furniture of british budgets with that decision to forgo official forecasts with some of the decisions that were made around treasury officials and that move away from the treasury orthodoxy. not perhaps being fiscal rules. and the trouble that has obviously caused a four not just the conservative party, but the economy itself, so i think that is jeremy hunt really trying to distance himself from the mini budget, even further, and indicate that he is coming in as a much safer pair of hands who will ensure stability and the public that the conservatives are the party of economics, an immense challenge for him, try to offer reassurance to businesses and individuals. 50 in businesses and individuals. so in convincing _ businesses and individuals. so in convincing the _ businesses and individuals. so in convincing the public _ businesses and individuals. so in convincing the public that - businesses and individuals. so in convincing the public that things are back on track again, the sunday telegraph
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does go through some of the options on the table. already we are heeding that there is the risk some taxes will go up. so in calming the markets, there is every indication that for the public, it is going to cost. , , . ., cost. yes, very much though. there is also a warning _ cost. yes, very much though. there is also a warning that _ cost. yes, very much though. there is also a warning that interest - is also a warning that interest rates might have to go up further as well from the bank of england. you know, it is a tough time for everybody and i thinkjeremy hunt has got his work cut out for him. also 31st october, halloween, to convince everybody he is in fact the coming hand on the tiller. and convince everybody he is in fact the coming hand on the tiller.— coming hand on the tiller. and any dela in coming hand on the tiller. and any delay in the _ coming hand on the tiller. and any delay in the 1p _ coming hand on the tiller. and any delay in the 1p cut _ coming hand on the tiller. and any delay in the 1p cut to _ coming hand on the tiller. and any delay in the 1p cut to income - coming hand on the tiller. and any delay in the 1p cut to income tax. l delay in the 1p cut to income tax. that is reverting back to rishi sunak�*s pledge, isn't it? that is reverting back to rishi sunak's pledge, isn't it?- that is reverting back to rishi sunak's pledge, isn't it? yes, it is. and there _ sunak's pledge, isn't it? yes, it is. and there is _ sunak's pledge, isn't it? yes, it is. and there is a _ sunak's pledge, isn't it? yes, it is. and there is a really - sunak's pledge, isn't it? yes, it is. and there is a really weighsl is. and there is a really weighs heavily— is. and there is a really weighs heavily on— is. and there is a really weighs heavily on people when cost of living _ heavily on people when cost of living is — heavily on people when cost of living is going up, energy prices are through the roof. i know we have the energy— are through the roof. i know we have the energy packet in place keeping a bit of the energy packet in place keeping a hit of a _ the energy packet in place keeping a hit of a lid _ the energy packet in place keeping a bit of a lid on prices, but they
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will still— bit of a lid on prices, but they will still be enormous for an awful lot of— will still be enormous for an awful lot of people this winter so as i say, _ lot of people this winter so as i say, a — lot of people this winter so as i say, a mountain to climb. annabel? when it comes _ say, a mountain to climb. annabel? when it comes to _ say, a mountain to climb. annabel? when it comes to rishi _ say, a mountain to climb. annabel? when it comes to rishi sunak - say, a mountain to climb. annabel? when it comes to rishi sunak eye . when it comes to rishi sunak eye candy one peek income tax and i don't think that will have any impact at all —— when it comes to rishi sunak and the 1p income tax cut. as for the decision to increase corporation tax in spring 2023, well, well the literature on the negative impact of corporation tax on economic growth, is ambiguous, the common sense says it is a bad idea to raise any taxes when a recession is looming and i what it is going to undermine investment and jobs. i'm not sure the decisions being made are absolutely the right ones for the economy. those are almost separate
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really to the fact that the heel liz truss is potentially going to die on, this administration is going to die on is the 45p cut to the additional rate of income tax, which is really quite extraordinary. it is a measure which brings in, perhaps costing around £2 billion, drop in the ocean compared to the potentially north of £150 billion that the government is going to spend on the energy price guarantee, but clearly that was at the straw that broke the camel's back. i'm not entirely sure, really, what we will get from the first of —— 31st october and what difference it will make in a. certainly it is an indication of change in direction from a few weeks ago. the indication of change in direction from a few weeks ago. the obr figure to 72 billion. — from a few weeks ago. the obr figure to 72 billion, the — from a few weeks ago. the obr figure to 72 billion, the black _ from a few weeks ago. the obr figure to 72 billion, the black hole _ from a few weeks ago. the obr figure to 72 billion, the black hole in - from a few weeks ago. the obr figure to 72 billion, the black hole in a - to 72 billion, the black hole in a public finances. we will discuss more on this and a couple of other front pages in our next edition of the papers at 11:30pm. kate and annabel, thank you very much for now. thank you forjoining us here on bbc news.
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another edition of the papers at 11:30pm. more news headlines at the top of the air. for now, goodbye. today we are literally stepping into history. we are at alexandra palace and this place has seen it all. that's the studio in there. 2022 marks 100 years of the bbc. goodness me. what began with a single radio transmission has transformed into a global broadcaster. in that time, it has covered the biggest events
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