News digest 22 July 2014

News digest 22 July 2014

22 July 2014

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

·                PM: Russia must be punished over MH17 – Morning Star

·                More than 20 members of one family killed in Gaza strike - Guardian

·                I’m worth less than £20m, says Blair - Express

·                Tesco chief out with [at least] £10m - Indie

·                Payday sharks send 1,000 texts to suicide dad - Mirror

The papers still have comprehensive coverage of the MH17 crash and the continued attacks on Gaza, and while there is some positive movement in the former, namely the start of the release of the bodies and the handing over of the plane’s flight recorders, the latter seems even more intransigent as the latest attacks even saw a hospital targeted killing and injuring staff and patients, there were also reports of 28 members of one family killed in a single strike. Over 530 people have been killed to date, almost three quarters of them civilians. On top of that 100,000 are taking refuge in shelters in Gaza. It’s time to stop the attacks, Israel; must listen to the UK security council’s call for a ceasefire.

Back in the UK and it’s yet more contrasts, the front page of the FT is one of the many that talks of change at Tesco. Philip Clarke, the chief executive of Tesco, was ousted after the chain issued a fresh profits warning. Unilever executive Dave Lewis will take on the role and be tasked with turning around the retailer. As Clarke departs he can take solace from the fact that in his three year tenure he has earned some £26 million, and he will get a £4 million payoff despite giving a trading update which he described as the worst performance in his 40 years at the company. If there was ever an example of rewards for failure, that is one…

In contrast the dark face of the payday loans industry features on the front page of the Mirror The story concerns the tragic suicide of Ian Jordan after he racked up £20,000 in debts he could not clear. Hounded by thousands of texts, many of which continued after his death it shows how the rolling over of loans and the automatic deductions from bank accounts pushes people ever further into poverty. It is time for proper regulation of the industry, a cap on interest rates and an end to rolling over loans and automatic deductions. Hand in hand with that is a fundamental looks at how business operates and exploits the weakest, it’s time to raise the minimum wage to a living wage, give ordinary working people an proper pay rise and clamp down on the excess of the City and the pursuit of profit at the expense of the people…

Edited by Mik Sabiers

  Morning Star

  Daily Mirror

  Sun (no links all stories now behind paywall)

  • MH17 outrage (p1/4-7)
  • Tesco box axed (p2)
  • Tony pot is ‘£20m’ (p2)
  • Anger at poverty pay for cleaners (p8)
  • Currency fraud targeted (p41)
  • Chopper but lifts Babcock (p41)






  FT (no links all stories behind paywall)

  • Tesco chief ousted (p1/17)
  • Osborne warns on Russia sanctions (p2)
  • Pensions overhaul under fire (p2)
  • Miliband confronts party activists to validate his fiscal credentials (p3)
  • Bus cuts threaten engine of economy (p4)
  • Seoul gives red flag to Uber app (p18)

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