Skip to main content

tv   The Papers  BBC News  November 6, 2017 10:45pm-11:01pm GMT

10:45 pm
pirlo shoots. 0h, pirlo shoots. oh, it's a curler! you just can't teach this. this is genius. it's pirlo. the coolest player on the pitch has stayed that way. that is quite incredible. it's pirlo, over the wall and into the net! quite, quite brilliant. pirlo, still pi rlo, still fearless. hello and welcome to our look ahead to what the papers will be
10:46 pm
bringing us tomorrow. with me are the journalist mihir bose and former pensions minister baroness ros altmann. tomorrow's front pages, starting with the metro which leads withjeremy corbyn's apparent call for the queen to apologise for using an offshore fund for investment purposes. the daily express's top story is what it calls the cover—up over how foreign aid budgets are drawn up. the i focuses on the measures apple took advantage of to reduce its tax burden. the telegraph features a warning from one of donald trump's senior advisers that a compromise with the eu over brexit may affect any future trade deal with the us. finally, the guardian also carries
10:47 pm
the paradise papers leak. the paper features a large picture of lewis hamilton standing alongside a private plane which the paper says he avoided paying vat on. so, let's begin. let's start with the big story that's been running the big story that's been running the last couple of days. this is from the paradise papers. let's start with the i. revealed how apple avoided tax, billions. we are focussing on apple because of the amount of money involved. huge sums. the amount of tax they haven't paid a p pa re ntly the amount of tax they haven't paid apparently is so enormous and especially when you think that they have been one of the biggest taxpayers but their earnings have been so taxpayers but their earnings have been so enormous, taxpayers but their earnings have been so enormous, the tax rate they are estimated to be paying is somewhere between 2% and 5%. most of us somewhere between 2% and 5%. most of us pay way over that on whatever we earn. which is nothing like what apple earn. of course, they have
10:48 pm
taken advantage of things that are entirely legal. they've used one of the tricks apparently which is called the double irish. they've got earnings they make in the states and they book them via ireland and that means they don't have to pay any tax in the way that they would have to if they declared it in the us, for example. so, there are lots of ways in which i think we need to have some kind of further crackdown on tax avoidance. the government's already been trying to tighten up on tax avoidance and has collected billions of pounds extra over the last two or three years. but clearly there are still major loopholes and companies understandably are doing their best to take advantage of them. i think the other problem is that we have dom indians, crown dom indians which are —— —— dominions.
10:49 pm
there is no corporation tax. we need to look into that. where we are getting into is this is legal, perfectly legal, but there is a moral question of whether a company like apple which actually projects itself, if you like, as a moral leader, should be doing this. that really is the question. it's interesting that you talk about the offshore angle of this because of course apple has put its money in jersey. the guardian, which focuses more on the lewis hamilton revelations. people looking at his affairs took advantage of the rules in the isle of man. yes, this is where he has a jet which is leased to an isle of man company and the question there is, therefore, the vat is not paid on it. now the vat is not paid on it because most of
10:50 pm
the jet is supposed to be used for official purposes. it's a question official purposes. it's a question of whether the isle of man, although lewis hamilton is perfectly clear, he does use it for private purposes, but the question is, is the isle of man doing — observing its own rules properly and that's what hmrc is going to look into. these are the questions, if you have these tax havens then the problem is how well are they policed? for the tax havens their selling point is come to us and and you don't have to pay tax, so and and you don't have to pay tax, so why should they bother about policing it? lewis hamilton is saying i left it to the professionals, they manage affairs for me. of course if there's an opportunity to avoid this tax and it's £3. 3 million of vat that was refunded to him by the isle of man, then that's what he pace them for. the problem we have got is that the isle of man may not be implementing the rules. that's exactly the point
10:51 pm
the guardian is making as well. it's got a quote by a lord professor saying no one got a quote by a lord professor saying no one seems got a quote by a lord professor saying no one seems to be enforcing the laws that exist. can i take you both on to the front page of the metro which introduces the political dimension in this story. it has comments byjeremy corbyn, the labour leader on its front page. you are shaking your head. yeah, i think to make political capital out of this and especially against the queen seems to me to be very, very distasteful. is he singling out the queen, though, i don't think he did. he said everybody. she is included in that group really. there is no distinction. if he was saying we have to tighten up and we must not allow these things to happen, i understand that. but the queen in particular voluntarily pays tax on her earnings. the metro has used her
10:52 pm
picture on the front page as if somehow she's done something terribly wrong. quite honestly, i think this is really unfair. first of all, the sums relative to what the queen has are not large. she probably had no idea what the money was invested in. the point is this is entirely legal and she volunteers to pay tax which she doesn't need to pgy- to pay tax which she doesn't need to pay. probably ill-advised to make the investment they did. i agree, corbyn is basically saying this money hadn't gone there, it would have gone into schools, hospitals, he is making a populist point. the whole question is what has his party orany whole question is what has his party or any party done it look at our tax system? or any party done it look at our tax system ? we or any party done it look at our tax system? we have a very odd tax syste m system? we have a very odd tax system where we allow people who are non—residents here not to pay tax. i think people who live in this country should be taxed on everything they earn in this country. and we should look at the business of having offshore polices
10:53 pm
—— places where you can put money which is in a way controlled by the crown. yes, it is. we need to look at that. they're british offshore territories. if the british people wa nt territories. if the british people want the system to change, the government will need to change the system. but to make out like somebody is doing something terribly wrong when it's not illegal, you either make it illegal or why are you criticising them in this way?|j am you criticising them in this way?” am going to move you both on to a different story on the front page of the financial times. boris johnson and remarks he has made about a british iranian woman being held in jail in iran. yeah, this is a story about a british iranian woman being accused of trying to topple the government. she claims she — she denies it and she is injail. boris johnson a few days ago talking to a committee in parliament and the lady had come back in 2016 to visit this
10:54 pm
country said she had come and, you know, done some journalism teaching. she has worked forjournalistic organisations. actually she said she had come to bring her children to visit... it was a private visit. a private visit. the iranians have used that to say you are denying that you want to destabilise our government, look you have been teaching jornlism, you are part of a media conspiracy and they want increase the charge. it raised the question, doesn't borisjohnson ever consult anybody at the foreign office as to what it is? he is the foreign secretary. he is the man who represents us. surely before he goes and says something in this — in parliament, he should check what the status is. i suppose to be fair to the foreign secretary he didn't say she had been teaching journalism in iran. nevertheless, he should be aware of how sensitive it is and how that remark may be misinterpreted, where a woman is impressed by the government, and they refuse to believe that her defence she's in
10:55 pm
the trying to topple that government. she came into court and saidi government. she came into court and said i wasjust government. she came into court and said i was just here to introduce government. she came into court and said i wasjust here to introduce my children to their grandparents. i haven't anything to do with propaganda or anything to do with political action against the regime. four days after borisjohnson said she had been teaching people journalism, she was summoned to court again and she's now been accused of having new evidence against her, producing propaganda and the fear is that she may actually have her sentence increased. this is really serious stuff. let me take you now to the front page of the daily telegraph which leads with a brexit story. don't let the eu dictate brexit warns the us. well, this seems to me this is — the us secretary visiting this is — the us secretary visiting this country, he seems to be suggesting is that the us would prefer a hard brexit. if you come to
10:56 pm
an arrangement as we leave which has, as he puts it landmines, doesn't specify what he has in mind, presumably some sort of arrangement where the transitional arrangement carries on for a bit, he says that will delay the us and the uk having its own trade arrangements and he seems to be sort of really saying we should have off the cliff exit and therefore, there will be a quick... helpful, unhelpful? he seems to be threatening the uk, if we dare to leave the eu but still keep some of its rules and regulations, we can't expect to have a good trade deal with the us. to be quite honest, i really think that those remarks are terribly unhelpful. we are in this very delicate position of trying to negotiate a good outcome for brexit and it may be that we have to keep some of the eu's regulations, many of which are designed to protect the public and that might mean that we can't have gm foods or clor innated
10:57 pm
chicken even if the us wants to sell it to us, that shouldn't be something the us comes in and dictates to us. it's up to our negotiators. thank you very much. that's it for the papers tonight. you can see the front pages of the papers online on the bbc news website. it's all there for you seven days a week. if you miss the programme any evening you can watch it later on the iplayer. thank you again. bye. one thing many of us will notice on tuesday morning is just how much milder it is compared to last night. it was down to minus six in some areas. first thing tuesday morning temperatures will be some eight to
10:58 pm
possibly ten degrees higher in some areas. different story really overnight because we have got cloud and rain and wind sweeping in, that's going to prevent the frost from forming. early on tuesday more like five to seven across the south—east. for many of us even double figure temperatures across the south of wales and south western england. here's the cloud, the rain and the wind as it moves across western areas early in the morning and then it ends up across england. england in for a cloudy and damp day. some of the rain could be heavy late in the afternoon before sunset. fine weather across some western areas. the next area of rain moves into the north—west. this is bbc news. the headlines at 11:00pm: leaked papers reveal technology giant apple has been managing billions of pounds offshore injersey to avoid tax,
10:59 pm
but what they've been doing is not illegal. british formula one champion, lewis hamilton, avoided vat on a luxuryjet he'd bought by registering it in the isle of man. after the mass shooting in texas, the president says it's not a matter of guns but a matter of the gunman's mental health. and on newsnight, we will speak with the premiere of bermuda about the paradise papers, interpreting the importance of saudi's weekend of princely arrests and a broadcast interview with donald trump's nemesis, alec baldwin.
11:00 pm

12 Views

info Stream Only

Uploaded by TV Archive on