News digest 10 June 2014

News digest 10 June 2014

10 June 2014

Today’s top reads: Stories to keep an eye out for:

·                All schools must promote 'British values', says Michael Gove – Guardian

·                David Blunkett on the Trojan Horse scandal – Mirror

·                The lesson of Birmingham? State education is in chaos – John Harris - Guardian

·                The Con-Dem flaw – how to shrink the state and still maintain standards? – Steve Richards – Indie

·                Passport Office cuts threaten holiday misery – Morning Star

·                Mike Ashley bonus plan faces shareholder vote again – Guardian

·                High risk mortgages account for almost half TSB home loans – Indie

There are two main stories in the papers today, the untimely death of comedian Rik Mayall and the ongoing scandal about Trojan Horse schools. There’s lot of warm coverage for Mayall, whose cause of death is still unknown, but the opposite for the government in terms of the fall out in the war between education secretary Michael Gove and home secretary Theresa May over a supposed plot to take over schools. At the moment it is May who has come off worst, with not only the resignation of May’s special adviser for the leak of the damning letter, but also the handling of the scandal. Many of the papers say that May’s manoeuvring for the Tory leadership has been severely hit, but Gove is believed to be looking to angle for support for chancellor George Osborne to take over the leadership rather than bid himself (he wants to be the successor’s successor). In the midst of this are the children and the schools being bounced around for political ends, former education and home secretary David Blunkett sums it up in the Mirror saying: “end the petty government squabbling and unite to bring communities together”, believe it when you see it…

There is also discussion on the government’s overall programme and soon to be legacy, with John Harris in the Guardian arguing that state education is in chaos – and the blame for that lies with Gove – while Steve Richards in the Indie argues that there is a flaw in the Con-Dem plan of shrinking the state, as that also sees a shrinking of standards, you can’t have one without the other, perhaps the flaw in the Con-Dem plans is the Con-Dems themselves…

And talking of shrinking the state the Sun and Telegraph quote the cabinet office as arguing that ‘Whitehall waste has been cut by £14 billion’ although as ever the devil is in the detail and the reality is that these ‘savings’ are actually sell offs and job cuts with some £600 million of property offloaded and some £4.7 billion by cutting the civil service workforce, and how has that penned out? Have a look at the Passport Office, many of the papers report on the ongoing row over the backlog of processing passports, the government says its fine, PCS - the union representing workers - says not, the key issue is people are not getting their passports on time, looks like a lot of people may be holidaying at home unless the cuts are reversed, as ever another Con-Dem false economy hits home…

Back in the City it does however seem to be business as usual, a few of the papers report that Sports Direct boss Mike Ashley is attempting to get his bonus approved for the fourth time, the sports chain supposedly wants to give staff a bonus too (although only full time managers rather than the zero hours workforce), but that could also see Ashley gain some £70 million in shares, here we go again, much more moolah for the one per cent. Elsewhere in the City it looks like TSB is to be sold off on the cheap with Lloyds under-pricing the bank by some £1.3 billion, but then the Indie does note that high risk bad mortgages account for half of TSB’s home loans, can someone remind me how the recession started in the first place? Back to square one…

Edited by Mik Sabiers

  Morning Star

  Daily Mirror

  Sun (no links all stories now behind paywall)

  • Parties unite over EU president (p2)
  • Whitewall waste cut by £14 billion (p2) [if you count flogging off buildings on the cheap]
  • Passport fiasco puts holidays in peril (p6)
  • Trojan Horse scandal (p8-9)
  • Lloyds in lo-price TSB sale (p41)
  • Sports Direct wants his bonus (p41)



  Times (no links all stories behind paywall)

  • All schools told to teach what it means to be British (p1/6-7)
  • Cameron rallies EU leaders to block Juncker (p4)
  • Passport delays pose real threat to holiday plans (p15)
  • Ban spikes that deter homeless, says Boris (p19)
  • Give staff loans to pay rent, employers told (p19)
  • Call to regulate care homes like hospitals (p23)
  • Investor fury over Ashley bonus fund (p37)
  • New Tesco bank account (p42)




  FT (no links all stories behind paywall)

  • Stocks soar (p1)
  • Plan to increase army reservists joins ranks of troubled projects (p1)
  • Trojan Horse scandal (p2)
  • Rates rise decision ‘more balanced’ (p3)
  • Financial confidence hits high (p4)
  • Sports Direct lines up new bonus for Ashley (p17)
  • Private wealth tops $152 trillion (p21)
  • Tesco challenges traditional lenders (p22)

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