It's genuine. Was watching at the time. At first glance thought it was a report of some sort that had just been published and it would be referred to in the bulletin. How wrong can you be, eh?
Strange thing is, during the headline bed, he had the iPad in his hands. Thirty seconds later it's changed to a ream of paper. Taking the BBC statement - 'the rush of breaking news, busy newsroom environment, etc.' - with a pinch of salt. Whichever way you look at this, it's bizarre. A couple of possibilities:
1) Do the headline bed with the iPad, walk over to the anchor desk from the catwalk, put the iPad down, be told to go back to the catwalk, pick up a ream of paper in a rush from the 'cabinet' behind the anchor desk
2) Do the headline bed with the iPad, walk over to the floor manager station next to the screens, put the iPad down, pick up pack of paper to go back to anchor desk, realise he was due to stand at the screens for the next link
3) Practical joke - see if anybody notices...