News digest 22 October 2014

News digest 22 October 2014

22 October 2014

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

·         Government borrowing 10% higher than last year – Guardian

·         Osborne vilified as shock rise revealed in government debt – Morning Star

·         Average raise worth only 8p - Mirror

Today’s digest opens with bad news for chancellor George Osborne who has been damned over the deficit with his record lying in tatters after data from the ONS yesterday showed revenues from income and wealth taxes stalling as living standards continue to tumble. There’s a litany of bad headlines ranging from the factual in the Guardian: “Government borrowing 10 per cent higher than last year” or “£300 million a day” according to the Mail while the Telegraph says: “Borrowing is too high to cut the deficit”. However, the reality is even more damning as the source of the borrowing is poor tax receipts, which are a result of the austerity addiction and the fact that Britain needs a pay rise. The Express sums it up as: “Osborne pays the price of wage squeeze” while the Mirror is one of many papers noting that workers are finally a bit better off every month, but solely to the tune of 8p! So under Osborne you are not even £1 a year better off! Unite general secretary Len McCluskey, quoted in the Morning Star, said: “George Osborne’s track record is one of failure and broken promises … the figures show that his so-called ‘economic plan’ is doomed and that the recovery is nothing more than an illusion for millions of people struggling to make ends meet ... Britain needs an economic recovery that benefits the majority and an economy built on secure, decent paid jobs.” Too right, Britain needs a pay rise and it needs one now...

Edited by Mik Sabiers

  Morning Star

  Daily Mirror

  Sun (no links all stories now behind paywall)

  • Ukip and Nazi row MP (p2)
  • Pay is up, by 8p a month (p2)
  • NHS fails in Wales (p2)
  • 4,200 foreign convicts roaming free in UK (p16
  • Record road tax bill (p24)
  • Big 4 supermarkets battered (p43)



  Times (no links all stories behind paywall)

  • Scandal of vanishing foreign criminals (p1)
  • Earn £55 if you diagnose dementia, GPs told (p1)
  • Leaked papers show Lib Dem manifesto (p2)
  • Juncker deals new blow to Cameron (p8)
  • Leap in borrowing threatens Tory giveaways (p10)
  • Car trader float hits brakes (p39)
  • Low pay leaves Osborne out of pocket (p42)
  • Tesco turnaround to cost £3bn (p45)




  FT (no links all stories behind paywall)

  • Borrowing too high for Osborne to cut deficit (p1)
  • Poll battle to define Tory war with Ukip (p2)
  • Transport more important than devolution (p3)
  • Mob justice is a dangerous way to deal with bad businesses – John Kay (p11)
  • JLR takes on German rivals (p15/17) – Unite/Roger Maddison cited
  • Strong dollar his Coca-Cola (p20)
  • Uber takes on bigger cabs (p22)

Comment on this story