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Morning Call: pick of the papers

The ten must-read comment pieces from this morning's papers.

New Statesman

1. UK has political capital to lift investment (Financial Times)

There is significant room for the government to raise capital spending, says Tory MP Jesse Norman.

2. No exaggeration: Ukip is now a force to reckon with (Guardian)

If the cards fall its way, Nigel Farage's party will shape both the 2015 election and the politics of Britain and Europe for a generation, says Martin Kettle.

3. Why fuss over exams at 16? No one else does (Times) (£)

O levels, GCSEs or the EBC – they all look obsolete as the school-leaving age rises to 18, writes David Miliband.

4. What exactly makes the Lib Dems different? (Independent)

The party has two problems: lack of policy impact and ambivalence over the true meaning of localism, says Steve Richards.

5. This shameful BAE Systems deal would rip the heart out of Britain plc (Daily Mail)

Companies with the word ‘British’ in their name have become easy prey for predators, writes Alex Brummer.

6. Do we really want to arm our police? (Daily Telegraph)

Despite the murder of two unarmed WPcs in Manchester, few officers want an armed force, writes Philip Johnston.

7. The justice and security bill is on the right track (Guardian)

As an instinctive liberal, I believe this bill will shine a light into the state's darkest corners, writes Ken Clarke.

8. Pinstripes, plain views – and a real problem for Cameron (Daily Telegraph)

Ukip hopes to split the Tory leadership from its base, writes Paul Goodman. The PM would be a fool to ignore the threat.

9. A plague we must stop before it is endemic (Independent)

If Britain was ever an uncorrupt society, those days are long passed, writes Andreas Whittam Smith. MPs and police officers work in small, closed societies where bad practices easily flourish.

10. The real lesson from Japan’s lost decade (Financial Times)

The Treasury should set the Bank of England a nominal GDP target, argues Chris Giles.