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News digest 21 May 2014

News digest 21 May 2014

21 May 2014

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

·                Euro election poll coverage- Mirror

·                Red Ed’s day from hell - Mail

·                Politics to see shift says Farage – Express

·                Lloyds to limit risky mortgage lending - Telegraph

·                Marks & Spencer missed sales targets leaves chief Marc Bolland on back foot - Guardian

·                Vodafone shares hit - Express

·                Misery for millions as inflation soars – Morning Star

All the papers focus on the final countdown to the European and local elections tomorrow with the parties setting out their stall, although in the main the focus is predictable with the right wing tabloids backing the Tories and attacking Labour (although the Express seems to be cheerleading for Farage and Ukip over the Tories), while in the Guardian Zoe Williams touches on what she calls a ‘surge’ in the green vote.

The Mail has a ragtag attack job on Labour leader Ed Miliband after he was called up on his grocery bill and also the name of the leader of the Swindon Labour group, but while the Mail and Sun call it a “day from hell’ or a “shambles” respectively, the reality is that the Mirror reports on its latest poll which shows that Labour and Ukip should come first with 29 per cent of the vote in the Euro elections, although Ukip has a higher share when asking people who say they will definitely vote (32 per cent to Labour’s 27 per cent). The Tories are  third (23 Per cent), with the Lib Dems down at just 9 per cent. Ukip leader Nigel Farage in the Express argues that this is because he has  brought out a protest vote, but perhaps potential Ukip voters need to look a little more closely at what the party actually offers. Are they voting for  a flat tax that would place millions more in the pockets of the richest? Are they backing the privatisation of the NHS? Do they want to abolish workplace rights and the right to maternity leave? Because those are all Ukip policies. Don’t say you weren’t warned. The only paper to mention the Lib Dems is the Times which has the simple and probably true headline: “Lib Dems fear worst night in party history” and very few look at the Tory offer, but they do comment on the economic outlook, which seems less rosy than presented by the government.

The FT leads with the news that Lloyds Bank is getting tough on mortgage lending as it looks to limit risk after applications for mega-mortgages in London and across the country, it looks like the housing bubble and chancellor George Osborne’s help to buy has contributed to an overheating market and the warnings are getting louder. That comes as both M&S and Vodafone sales are hit, with the latter reporting a profits warning and M&S saying that staff bonuses have been cancelled due to the group’s poor performance. This comes on top of the rise in inflation yesterday which once again saw wages falling in real terms. Unite general secretary Len McCluskey said: “The latest inflation figures show that Tory cheers that the cost of living crisis is over are premature and are ringing hollow in the households of ordinary families struggling to get by. Under David Cameron and George Osborne we have seen wages shrink and the world of work become more and more insecure. While millionaires get tax breaks and the proceeds of growth fill the wallets of the wealthy, ordinary people are asking themselves are they better off under this government? The answer is a resounding no.” The old adage rings true, make your vote count tomorrow…

Edited by Mik Sabiers

  Morning Star

  Daily Mirror

  Sun (no links all stories now behind paywall)

  • Cameron: 2015 will be tough (p2)
  • Labour shambles (p2)
  • Ukip shambles (p2)
  • Suicide of gardener in 40-job rejection (p8)
  • David Cameron interviewed (p15)
  • M&S bombshell on staff bonus (p41)
  • Pfizer bid pressure to reopen talks (p41)

  Express

  Mail

  Times (no links all stories behind paywall)

  • Lloyds caps home loans (p1)
  • Miliband’s ‘modest’ grocery bill (p4)
  • Lib Dems fear worst night in party history (p17)
  • Shareholder rebellion at Pfizer (p37)
  • If politicians ignore the causes of the housing crisis, they will be punished – Ed Conway (p39)
  • M&S prelaunch falls flat (p44)

  Indie

  Guardian

  Telegraph

  FT (no links all stories behind paywall)

  • Lloyds gets tough on high-risk mortgages (p1/3)
  • Ukip carnival descends into farce (p2)
  • Osborne sees threat to open economy (p2)
  • Miliband’s day of mishaps (p4)
  • Pfizer blamed for collapsed bid (p17)
  • BP dealt blow over Deepwater payouts (p18)
  • GM recalls 2.4 million cars (p20)
  • Fresh turmoil for G4S as UK chief departs (p22)

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