News digest 18 August 2014

News digest 18 August 2014

18 August 2014

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

·                Cost of living debt threat to recovery - Mirror

·                CEOs earning 143 times more than company averages, pay study shows - Guardian

·                Pay growth is going to be poor – David Blanchflower - Indie

·                March to Save the NHS - Mirror

There’s good and there’s bad news featured in today’s digest, the bad news for the majority of people is the confirmation that the recovery is only for the rich. The Times has a piece that sums up the supposed recovery, titled: “Rates may rise before real wages, says Carney” and David Blanchflower in the Indie outlines why pay will not rise for most people, but there’s one group that does not apply to, rich chief execs that are rolling in it. Many of the papers follow up on a report from the High Pay Centre into executive pay which has found that the wage gap between fat cat bosses and their staff has widened further, now standing at an average of 143 times that of their staff. The report found that the ratio for the top fat cat – Mark Bristow of Randgold Resources – was 1,498 times that of his staff, he slammed the figures apparently saying that his pay was only 270 times the average of his workers, only 270 times! That sounds way too high to me, how about establishing a pay cap of say just 20 times the multiple, time for Mr Bristow to raise the pay of his staff, and time for Britain to get a proper pay rise, get set for the march and rally on 18 October, book your seat now:

And another march that set off on Saturday gets good coverage in the papers, there’s a centre spread featuring Unite in the Mirror outlining the march to save the NHS. Last Saturday 36 marchers – joined by hundreds of others on the way – set off from Jarrow to outline the danger facing the NHS. Following in the footsteps of the famous Jarrow crusaders the call is to save the NHS from the Con-Dem assault on the NHS, hospitals and local health services. It wants to end an open market in the NHS, putting patients before profits. The good news is the more people that hear about the threat to the NHS the more will join the fight, the march continues from Ferryhill to Darlington today, find out more from: and send the message out loud and clear…

Edited by Mik Sabiers

  Morning Star

Daily Mirror

Sun (no links all stories now behind paywall)

  • Tornados in Iraq sorties (p2)
  • Cameron to tackle £30bn ‘shameless’ families (p6)
  • Tilbury: 15-month baby in crate of hell (p9)
  • FTSE bosses’ pay 143 times more (p12)
  • Over 70 kids in a class (p18) 



Times (no links all stories behind paywall)

  • Britain steps up military campaign against IS (p1)
  • Low-paid women shut out of the recovery (p6)
  • One month to Scots referendum (p8-9)
  • Republicans vow to wreck Obamacare (p33)
  • Banks ‘abused’ loan guarantee for firms (p37)
  • Carillion plans further tilt at Balfour Beatty (p39)
  • Rates may rise before real wages, says Carney (p41)
  • Industry chiefs want infrastructure body (p42) 




FT (no links all stories behind paywall)

  • Poll boost for Scots nationalists (p2)
  • Call for body to drive infrastructure (p2)
  • Tories warned over human rights rules (p2)
  • Volvo to launch ‘symbolic’ first model under Chinese ownership (p13)
  • Chiefs opt for cash not pension (p17)
  • Concern at Labour rail plan (p17)

Comment on this story