News digest 11 October 2013

News digest 11 October 2013

11 October 2013

Today’s digest opens with some simple facts and figures. The Royal Mail privatisation went ahead this morning with shares sold at 330p, the top end of the price range the government planned. However, as the stock exchange opened the shares rocketed by 36 per cent to 456p. Business secretary Vince Cable says the shares were not undervalued, but a 36 per cent rise implies otherwise, fear for the future of the service as its assets are stripped, workers ‘modernised’ and executives demand ever more reward for ever less graft…

Don’t believe that, then just look at the energy sector. As the Indie reports that the Red Cross is to launch an emergency food aid plan for the UK’s hungry – people are struggling to heat or eat – and following yesterday’s price rise many of the papers take the government to task for doing nothing about energy prices. The Mail reports the energy minister Michael Fallon says people should boycott the greedy energy firms, however the front page of the Sun says all energy firms are set to stick two fingers up to all of Britain with huge price rises across the board, can’t really boycott them all especially as a cold winter is forecast. Looks like the Ed Miliband price freeze would be more than welcome, but it’s 17 more months to the election and the Mirror’s front page could be a doom laden augur of the future: “Fuel bills will kill.” Time to act, windfall tax anyone?

And talking of killing, people who spoke up for workplace safety and union rights in the construction sector took a step further to recompense as some construction companies have indicated they will take responsibility for blacklisting that destroyed workers’ lives, Unite assistant general secretary Gail Cartmail said: “These employers appear to be responding to union demands to ‘own up, clean up and pay up’. Thousands of construction workers have had their lives, and the lives of their families, destroyed just because they belonged to a trade union or raised concerns about health and safety in one of the most dangerous industries.” As well as compensation the call is for the reinstatement of workers, added Gail: “Employers have a moral duty to give them back the jobs that were wrongly taken away from them.”

And on blacklisting, the Morning Star features George Tapp, the activist who was badly injured during an anti-blacklisting protest who has said despite his severe injuries he will join the anti-fascist march taking pace in Liverpool tomorrow. Join him and thousands of others at noon tomorrow - more on #Unite1210 rally details.


Morning Star

  • Blacklist firms forced to pay up (p1) – Unite cited
  • Lobby bill rushed through Commons (p2)
  • Injured activists: I’ll join anti-fascist rally (p3) – Unite cited
  • Energy fat cats take eight per cent swipe as OAPs freeze (p5)(p)
  • Ealing council loses A&E closure bid review (p5)


Daily Mirror


Sun (no links all stories now behind paywall)

  • Fat cat energy firms give two fingers to us all (p1/4-5)
  • The Royal Fail (p2)
  • Prosecute Guardian for aiding terrorists (p6)
  • Builders blacklist backlash (p46)
  • BAE US warning (p46)






Times (no links all stories behind paywall)

  • Royal Mail shares bonanza (p1)
  • Snowden leaks ‘worst blow’ to intelligence ever (p2)
  • Energy company raises prices (p40
  • Public sector moves ahead in pay league (p8)
  • Forget Blairite v Brownite. We’ve moved on – Philip Collins (p25)
  • Construction firms face huge bills (p34)
  • Bookies saved from fresh drive against ‘crack’ gambling machines (p49)
  • BAE staff sent home (p51)
  • Lloyds finds way out of Australia (p52)








FT (no links all stories behind paywall)

  • Miliband lambasts ‘energy predators’ (p1/2)
  • Big bidders lose out in Royal Mail sale (p3)
  • Blacklisting building crew to win payouts (p4)
  • Buyers beware of Britain’s absurd property trap – Martin Wolf (p13)
  • Google shifts €9 billion to Bermuda (p17)
  • Saudi jet deal delay poses risk for BAE (p18)
  • Feelgood factor back in City (p19)


Edited by Mik Sabiers

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