News digest 4 September 2014

News digest 4 September 2014

04 September 2014

No single story sings out in the news today, there’s more coverage of the Isil crisis in the Middle East with some papers saying “send in the drones” (the Sun) and others saying “trigger happy MPs heading for catastrophe” (Morning Star) although the former is likely to end up with more alienation begetting extremism, although the Indie sums up the uncertain approach saying: ”Your move, Obama.”

From foreign to domestic affairs and there’s further coverage of the Scots referendum with concerns raised about the impact on the economy and sterling (with fears the currency could dive if there’s a yes vote), despite that the FTSE is at a 14 year high so something must be going right, that was in part due to lowered tensions in Ukraine, but also as a result of the latest revision to economic data which said the recession was not as long as estimated, now the old question of lies, damned lies and statistics comes to mind as although the economy is supposed to be improving (according to ONS data), and elsewhere the FT reports how UK jobs’ growth has outstripped the whole EU, the reality is that people are not feeling it, and even the Times and Telegraph report that top directors pay is not going up as fast as previously as a bit of shareholder activism has an impact. So if we’re not getting paid more and directors aren’t either what is really happening? To be blunt, the reality is that directors pay is not rising as fast, but still much more than the rest of us, as we’ve said before Britain needs a pay rise and needs it now…

From economics to purer politics and the pressure on the Tory party from the Ukip defection continues. Prime minister David Cameron was teased at yesterday’s PMQs about what his birthday present may be (the by-election takes place on the PM’s 48th birthday), but many of the papers report that other MPs are being courted (the Telegraph reports that Priti Patel is one and knowing her views on paper she really would fit right in with that rabble), interestingly a little bit of pressure is being placed on London mayor Boris Johnson to stand in Clacton, he’s seen as the only one that could save the seat from new Ukipper Douglas Carswell, expect him to decline the chance, after all Boris is never one to put party before his own political aims.

And yet another example of out of touch Tories is new civil society minister Brooks Newmark who has been labelled as patronising and dismissive by saying charities should stick “to knitting” and keep out of politics, more likely it is a fear that charities are hiding how nasty the government is by helping alleviate food poverty and more, although Newmark may need to be careful because if he gets his wish then the true assault on the country will be there for all to see.

And perhaps Cameron needs to listen to Tory cabinet minister Justine Greening who says the Tories need to do more about social mobility and have more leading politicians that have done low paid jobs. After all the actions of the government she has sat in I doubt that will happen. But at least there are some suggestions for Cameron, although Peter Oborne the Telegraph has the most interesting analysis saying: “Cameron can chart a course post Farage that may be revolutionary.” Although Oborne probably does not mean it, the way things are going the only way Cameron could stay in power is not through a general election but through a revolution, however even that seems too fanciful [for now]…

Edited by Mik Sabiers

  Morning Star

Daily Mirror

Sun (no links all stories now behind paywall)

  • Send in the drones (p1/4-5)
  • Working class kids let down by Tories, says Greening (p2)
  • Fallon branded hypocrite on defence (p2)
  • 16 days to save captured British aid worker (p4-5)
  • King family reunited (p12-13)
  • [Credit] Suisse sleaze (p47) 



Times (no links all stories behind paywall)

  • ‘We won’t be cowed by barbaric killers’ (p1/6-11)
  • No politics, new minister tells charities (p21)
  • Tories call for return of streaming at schools (p24)
  • Osborne wrong to flirt with BoJo Toryism – David Aaronovitch (p29)
  • Services growth boosts economy (p44)
  • Pressure on top directors pay packets (p46)
  • Low paying jobs a threat to economy (p47) 




FT (no links all stories behind paywall)

  • FTSE at 100 year high (p1)
  • Health reform fails to lift private patient income (p2)
  • Growth in UK jobs outstrips EU (p2)
  • Downturn shorter than thought (p3)
  • Ringfence NHS budget, argues study (p4)
  • Germany’s taxis should not triumph over Uber – John Gapper (p12)
  • Virgin bolsters transatlantic routes (p17)
  • Chrysler pulls ahead (p20)
  • Pernod Ricard steps up Russia exports (p21)

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