News digest 26 August 2014

News digest 26 August 2014

26 August 2014

Silly season still rules the roost with no major stories dominating the headlines, there’s broad coverage of the debate between Alex Salmond and Alistair Darling ahead of the independence vote next month, and most papers call it for Salmond after Darling won the previous one. From Scotland to France and many of the papers report on the attack over austerity with French president Francois Hollande’s government attacked over a renewed addiction to austerity which the [socialist] economics minister called ‘absurd’ [no argument there], oddly Hollande seems to be sticking to austerity, despite his 17 per cent approval ratings…

Back in the UK and as the general election nears the rise of advice and counter-challenges continues. The Times reports a suitably ‘stupid’ story from Deloitte saying that political polls ‘pose a threat to growth’ arguing the Scots referendum, the general election and a possible EU referendum could impact the economy next year, not sure what Deloitte’s solution is, abolish elections and democracy? That’s proof it is silly season still.

And talking of the election, ahead of her address this morning many of the papers report on Labour deputy leader Harriet Harman’s attack on the ‘dirty money’ that seems to be flowing in to Tory coffers highlighting how more than half the cash raised in marginal seats comes from unincorporated organisations which do not need to disclose the source of their donations, £5.5 million has been donated to the Tories this way since 2010.

And from avoiding disclosure to avoiding tax and a few of the papers report on how Burger King seems to be in the process of doing a deal to shift its tax base out of the US (where it would pay 35 per cent) to Canada (where it would pay 26.5 per cent), so that will mean less revenues for the exchequer…

And the consequence is lower tax receipts which means that workers don’t get a pay rise. Today ballot papers for health service members of Unite in England, Wales and Northern Ireland will start landing on doormats in a ballot to take strike action over pay. Unite head of health Rachael Maskell said: “Never have our members expressed such anger as they have on the pay issue. Jeremy Hunt has treated these hard working health professionals with contempt. “Our members have an opportunity from today to vote in favour of industrial action and send a stark message that the health secretary should sit down with the unions and listen to our proposals for fair pay for the biggest workforce in the UK.” Vote yes for fair NHS pay…

Edited by Mik Sabiers

  Morning Star

  Daily Mirror

  Sun (no links all stories now behind paywall)

  • Hollande axes left (p2)
  • Blundering Darling smoked by Salmond (p6)
  • 13 hiding in a lorry (p15)



  Times (no links all stories behind paywall)

  • Crime fall hides huge rise in bank card fraud  (p1)
  • First minister wins debate (p4)
  • Tories must woo young ethnic vote to win target seats (p16)
  • Growth hopes hit by skills shortage (p36)
  • Political polls a ‘threat to growth’ (p38)
  • Big Six wait for investigation (p39)
  • Start up takes on Big Four banks (p42)




FT (no links all stories behind paywall)

  • Hollande purges cabinet (p1)
  • Wage growth in manufacturing rises (p2)
  • Tories face secret poll funding claim (p3)
  • A day of reckoning for France – Jonathan Fenby (p11)
  • Burger King soars on talks of fast food merger (p15)
  • BOC Aviation buts 82 jets (p16)

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