News digest 5 December 2014

News digest 5 December 2014

05 December 2014

So the autumn statement continues to dominate the headlines in all the papers, but sadly for chancellor George Osborne the coverage is getting worse not better, and that seems to have started a war of words with the BBC over its ‘biased’ coverage. However, it is the Mail and Express that seem to be leading the charge of ‘bias’ [pot, kettle springs to mind] with widespread coverage of Osborne’s claims of “total hyperbole”. In contrast the Guardian reports that the chancellor has been drawn into an open confrontation with leading tax and spending experts who have warned that the only way the chancellor can deliver on his deficit reduction plan is to institute “colossal” cuts. Don’t believe it? Just look at the Mirror which says the UK is going “back to the depression” and even the Times of all papers argues that “even Osborne can’t get away with this blatant spin”. So there it is, the Conservative choice for the next election is incredibly deep and ideological cuts, combined with one million public sector job cuts that will leave the country a shadow of its former self and deliver growth only on the back of rising and unsustainable household debt [the Indie reports the chancellor is counting on £360bn credit card splurge to drive growth] as people’s pay packets are squeezed further while corporations think of ever better ways of avoiding their duties, there may not have been a pasty tax, but it seems what looks like Osborne’s ‘Omnishambles part 2’ leads to the one cut that country would support, namely that of the callous chancellor and the Con-Dem coalition…

Edited by Mik Sabiers

  Morning Star

  Daily Mirror

  Sun (no links all stories now behind paywall)

  • Sun poll on Russell Brand (p1)
  • Osborne savages BBC bias over cuts (p4)
  • MP’s rape quiz (p7)
  • Betfair is booming (p73)
  • So nice Ryanair (p73)



  Times (no links all stories behind paywall)

  • Osborne must find welfare cuts of £21bn a year (p7)
  • Tory MP arrested (p8)
  • Autumn statement (p16-17)
  • House price rise slows (p26)
  • Osborne can’t get away with this blatant spin – Philip Collins (p35)
  • Co-op Bank suspends bonuses vote (p57)
  • Draghi ready for QE, but not yet (p58)
  • Car sales recover (p61)
  • Ryanair takes off (p62)(p)




  FT (no links all stories behind paywall)

  • Cameron aid pledge to cost £1bn (p1)
  • Tax changes to hit luxury London homes (p2)
  • £27bn spending gap between parties (p3)
  • Banking industry profiled (p11)
  • Even if Osborne’s outlook is deluded, he did not dream it up – Stephanie Flanders (p13)
  • Unilever separates waning spreads division (p18)
  • Ryanair passenger numbers jump 22% (p23)

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