News digest 29 October 2014

News digest 29 October 2014

29 October 2014

It’s almost a clean sweep in coverage as the continuing fall-out from the planned 9,000 job cuts and 200 branch closures at Lloyds features in most of the papers. The 25 per cent state backed bank yesterday announced that it would end its pledge “to be the last bank in town” and instead planned to shift to virtual branches and banking as people move online. Notwithstanding polls that show people prefer to visit their banks rather than doing everything online, the cull of 9,000 staff – or 10 per cent of the workforce -  means the ranks of the unemployed will be swelled yet again [what future for them?]. Unite national officer Rob MacGregor toured the news studios yesterday outlining Unite’s call for no compulsory redundancies and for Lloyds’ management to be closely monitored: “The wallets of top executives at Lloyds should not be getting fat by forcing low paid workers onto the dole. If there are compulsory redundancies or customer service suffers then executive pay should be cut.”

The other main story hogging the headlines – and on the front of the Express, Mail, Times and Guardian - is immigration. The Mail sums it up as a “mess” while the Guardian outlines how a series of IT failures have resulted in some 50,000 asylum seekers ‘going missing’ after their applications have been rejected. This comes at the same time as the mayor of Calais gave evidence to the Commons home affairs committee that the UK’s ‘soft touch’ approach and generous benefits results in migrants “willing to die” to come to the UK. As ever, the failures are being used to bang the anti-EU drum, with one Tory minister Nick Boles saying “we can’t control UK borders while we’re in the EU”, all of that is falling into Ukip’s hands ahead of the Rochester by-election which could end up leaving a big headache for prime minister David Cameron [on top of his current EU bill bother]. It’s not plain sailing for Labour either as Mary Riddell in the Telegraph accuses Labour of a ‘fudging’ the EU question saying Labour leader Ed Miliband must lead the fight to remain in the EU [does that presume he’ll be PM?], while Rafael Behr in the Guardian also outlines how the lack of any recovery in wages could hand Miliband the keys to No 10 as the recovery is not filtering down into people’s pockets. And for yet another example of how the jobs market and wages are skewed, look no further than the Mirror which reports that the Queen is looking for staff at Windsor castle but won’t even pay a living wage to the workers and instead is offering just £6.65 an hour. The Queen receives £37.9 million from the public purse every year, as ever one rule for the rich and another for the rest of us…

Edited by Mik Sabiers

  Morning Star

  Daily Mirror

  Sun (no links all stories now behind paywall)

  • Immigration is out of control (p2)
  • Osborne EU bill battle (p2)
  • UnempLloyd (p4) – Unite/Rob MacGregor cited
  • Voters Ed over to Ukip (p24)
  • Apple tax row (p48)



  Times (no links all stories behind paywall)

  • Calais goes to war on soft touch UK benefits (p1)
  • NHS ‘wasting’ millions on more foreign nurses (p13)
  • Coastal towns awash with deprivation (p17)
  • Ukip tanks on Miliband lawn (p24)
  • Lloyds takes axe to branches (p39) – Unite/Rob MacGregor cited
  • Diageo puts distillery on ice (p41)
  • Fraud chief targets payday lenders hidden fees (p45(




  FT (no links all stories behind paywall)

  • Lloyds cuts 9,000 jobs (p1/24)
  • Tory minister breaks rank on migration (p2)
  • Ageing network triggers anti-blackout measures (p3)
  • Europe’s banks are too feeble to spur growth – Martin Wolf (p13)
  • Nokia’s boring rump business an unlikely saviour (p18)
  • Honda in profit alert over safety checks (p22) 

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