News digest 23 September 2014

News digest 23 September 2014

23 September 2014

There are three key stories today covering foreign, domestic and business news, namely the start of US attacks on Isil overnight, the Labour party conference and trouble at Tesco. The attacks on Isil have been focused on Syria so far, with fighter and bomber jets plus Tomahawk missiles used to target multiple areas including the group’s Raqqa stronghold. The key question is whether there’s an exit strategy and a proposal for a solution to the crisis across the Middle East overall?

Back in the UK and the domestic political focus was on the Labour party conference which heard yesterday from shadow chancellor Ed Balls who outlined his plans to cut child benefit amidst strict plans to pay off the deficit. The Morning Star notes that approach was countered by tax expert Richard Murphy who highlighted that tax evasion had soared to over £80 billion and Unite general secretary Len McCluskey gave a barnstorming address to conference outlining how it took a referendum campaign to remind us that you ignore the hopes of working people at your political peril. Said Len: “In the last week we have seen our politics turned upside down and inside out. This was not an upsurge of narrow nationalism. It was an upsurge in defence of our NHS; an upsurge against illegal wars; an upsurge against endless austerity; and an upsurge against inequality. It was a triumph of hope against apathy and fear. And our party has to be the party to bottle that hope.” Len was speaking during the Work and Business debate when he argued that strong labour market institutions, trade unions and collective bargaining are vital in tackling inequality. Len added: “Enough with caution and hedging our economic bets. Over the next few months we must mobilise the imagination and aspirations of millions to defeat this ruinous coalition.” Today it is the keynote address by Labour leader Ed Miliband and there’s a lot of coverage trailing Miliband’s proposed 10-year plan to turn around the country talking of giving young people hope, tackling the cost of living crisis, tackling low wages, making Britain a world leader in high-tech industries and saving our NHS. Let’s see if he’s been listening?

And finally on the business front there are two stories featuring in many of the papers, the first concerns Tesco and a slight error of the retailer overstating its profits to the order of £250 million. Four executives, including the UK managing director, have been suspended after the accounting bungle which also saw some £2 billion wiped off the company’s shares, it was all to do with banking supplier payments before sales had come in and the Indie has the best quote: “Things are always unnoticed until they are noticed.” Well, that’s fine then.

The other story is the possible end of an era, and in part probably down to retailers like Tesco and other big supermarkets forcing milk suppliers to sell on the cheap. Yesterday Dairy Crest announced it would axe 261 jobs and close a creamery in chard and a bottling dairy in Hamworth. Unite national officer  Matt Draper is quoted in many papers: “As doorstep delivery moves over to the use of plastic bottles, what we are seeing is the death knell of the traditional milkman delivering bottled milk to the doorstep as the nation sleeps. Companies, such as Dairy Crest, are being squeezed by highly competitive supermarkets and dairy farmers seeking a decent return for the milk they produce.” Sadly, is the end of the milkman nigh…

Edited by Mik Sabiers

  Morning Star

Daily Mirror

Sun (no links all stories now behind paywall)

  • Attacks on Isil planned (p2)
  • Red Ed’s 10 year plan (p6-7) – Unite/Len McCluskey cited
  • Tesco hit for £2bn by profits error (p8)
  • Fifa exec: Qatar isn’t happening (p25)
  • Crest fallen (p43) – Unite/Matt Draper cited
  • Hones 4u blow (p43)
  • Scotch sales sink (p43) 



Times (no links all stories behind paywall)

  • Labour will levy £2m mansion tax to fund NHS (p1)
  • Tesco suspends bosses (p2/42)
  • Conference sketch (p6) – Unite/Len McCluskey cited
  • Austerity messages puts voters off (p7) – Unite/Len McCluskey cited
  • Top 100 lefties [Len in 2nd place] (p8) - – Unite/Len McCluskey cited
  • Miliband must bring back Blair’s Englanders – Rachel Sylvester (p25) - Unite/Len McCluskey cited
  • Barclays faces huge fine for risk failures (p37)
  • Dairy Crest cuts (p49) – Unite cited 




FT (no links all stories behind paywall)

  • Storm clouds gather over Tesco (p1)
  • Miliband plans mansion tax to fund NHS (p1)
  • Balls p[lay to public and City (p2)
  • Cameron seeks legislation on Scots MPs (p3)
  • Miliband will struggle to answer the English question – Janan Ganesh (p13)
  • Barclays faces £38m fine (p17)
  • iPhone 6 beats records (p17)
  • Airbus wings its way to Alabama (p18)
  • Siemens to exploit shale boom (p20)

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