News digest 5 August 2014

News digest 5 August 2014

05 August 2014

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

·                WW1: One hundred years on - Mirror

·                Gaza crisis: Israel and Hamas begin 72-hour ceasefire – Guardian

·                £12.9 billion housing bill for workers - Mirror

·                Britain facing lost decade of economic growth – Indie

·                The collective madness of the financial community - Telegraph

It’s a sombre start to the digest as world leaders yesterday gathered for ceremonies marking 100 years since Britain joined the hostilities that saw the start of the First World War. The day’s events started in Liege, Belgium, where some 50 heads of state gathered to mark the invasion of the country and the start of years of conflict that would result in the deaths of 16 million people, nine million of them soldiers on the battlefields (or an average of over 6,000 a day every day for four whole years). Sadly, in a day that should have been about remembering, the Tory spin machine wound into action to attack Labour leader Ed Miliband for laying a wreath marking the centenary of the start of the First World War with an unadorned message, however they neglected to note that those from the deputy prime minister, first minister of Scotland and more were all the same, the response to the shameless Tory ruse was best summed up by Dr Éoin Clarke who tweeted: "Tories cynically sabotaged wreath laying ceremony to paint Ed Miliband as unpatriotic. In doing so, they bring great shame upon themselves."

And there’s more great shame for Cameron as the bombs continue to rain down on Gaza even though Israeli forces declared a ceasefire [yes, yet another one]. Sadly, during yesterday’s ceasefire, a strike on the Shati refugee camp killed an eight year old girl and wounded 29 people. That brings total deaths to more than 1,800 people in Gaza alone, and an estimated 9,000 others have been injured. France is the latest country to round on the slaughter in Gaza, but there was more pressure for the prime minister after Baroness Warsi this morning resigned from the government over its approach to the Gaza crisis [or lack of one]. Time for parliament to be recalled, well probably not as Cameron is now sunning himself on holiday…

Back home and housing is also high on the agenda, and high is the operative word as many of the papers report that the housing benefit bill is set to double in less than a decade as even with a housebuilding boom there are still not enough quality homes for people across the country. There’s a simple way to stop the rise in housing benefit claims, cap the excess rents that landlords can charge, that may also help deal with the housing bubble and [frankly] stupid prices that are charged just to have a roof over your head.

Allied to the exorbitant rents and charges is the fact that Britain needs a pay rise after many of the people on housing benefit are in fact in work, the Sun is one of the papers that argues the cost of the jobs boom is the fact that the so-called jobs miracle is ‘flawed’ as taxpayers are having to prop up the record low wages, and the banks are not lending as HSBC claims its staff are scared to run any risk, while it looks like senior bankers are running from the Bank of England after a third exec quits (to join the private sector), do they know something about the economy and the recovery we don’t? Well we’ve said it before and we’ll say it again, 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)

  • WW1: 100 years on (p1/4-6)
  • Cost of jobs boom (p2)
  • 251 town hall staff get more than PM (p2)
  • £200 to see your doctor (p25)
  • Farms fly the Co-op for £249 million (p41) 



Times (no links all stories behind paywall)

  • WW1: 100 years on (p1/6-9)
  • Demand for houses fuels building boom (p1)
  • Number on housing benefit to double (p2)
  • Miliband not trusted to run economy (p3)
  • Council staff soaring (p14)
  • Operation Kill Mill will backfire on Dave – Rachel Sylvester (p23)
  • BT spurned in £5bn battle of airwaves (p35)
  • You’re Wellcome to farms, says Co-op (p37) 




FT (no links all stories behind paywall)

  • WW1: 100 years on (p1)
  • HSBC warns of risk aversion (p1)
  • BoE suffers setback as stability chief quits (p1)
  • Benefit boom underlines homes crisis (p2)
  • NHS rises up poll agenda (p2)
  • Economy playing catch up (p2)
  • Osborne vows to make revitalised north a reality (p3)
  • Digital trade and data protectionism (p7)
  • AZ’s cool head: Leif Johansson interview (p17)

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