The digest opens with a deal on the press and while the politicians and Hacked Off seem to be quite content, many of the papers are not and a number protest at the late night deal that included lobbyists from Hacked Off, but not editors of the papers, looks like the politicians may face greater pressure and an even more hostile press going forward.
And talking of a hostile press, ahead of tomorrow’s budget chancellor George Osborne is not short of advice. Ex-Tesco boss Terry Leahy in the Mail argues he should cut taxes and slash spending further, Stephen Pollard in the Express says it is Osborne’s ‘last roll of the dice’ while Benedict Brogan argues he needs to heed the advice of attack dog Lynton Crosby which is ‘no more stupid ideas’. Quite.
Sadly Osborne probably has other things on his mind as he was given a pre-budget headache by AstraZeneca which yesterday announced it was slashing hundreds of jobs at its research department in his own Tatton constituency. If Osborne can’t keep jobs in his backyard what hope is there for the rest of the country?
The FT reports that Osborne plans to squeeze public sector pay even further, this when teachers have just announced strikes in the summer over cuts to pay and changes to pensions, while one big idea for the budget is to give working parents a childcare tax rebate, however the Mirror reports that is not quite the case as the pledge has been pushed back due to a lack of funds. Looks like another omnishambles is on the way.
Then again Osborne could try and use the eurozone crisis excuse again as the proposed bail-out of Cyprus’ banks has seemed to cause even more headaches. Osborne is hit by accusations that he won’t protect the pay of servicemen over there, but it is the rich Russian oligarchs that are shouting even louder, now Osborne really doesn’t want to get on the wrong side of them especially now that easyJet is doing budget flights between London and Moscow, who knows who could be on the next easyJetski to London, Osborne better watch his back…
- Teachers plan summer strike (p1)
- Drugs firm to axe 700 Cheshire jobs (p2) – Unite cited
- Doctors set for NHS sell-off windfall (p2)
ambulance staff strike (p2)
- McCluskey backs MPs’ call for nationalised energy (p3)
- MPs condemn ‘disgraceful’ plan to close tax centres (p3)
- Unions expose latest tax con (p5)
- Press campaigners cautious on regulation deal (p5)
- Cyprus bank raid crisis hits markets (p2)
- Chaos fear as teachers go on strike (p5)
- Osborne’s last roll of the dice – Stephen Pollard (p12)
- Takeover rumours boost M&S (p59)
- AstraZeneca jobs cut (p59)
- easyJet takes on BA (p62)
- Airbus deal secures 2,000 UK jobs (p62)
(no links all stories behind paywall)
scrambles to change rescue terms (p1)
- Osborne to squeeze public sector pay (p1)
- Politicians agree on regulator (p2)
- Osborne to lose 1,000 jobs in his constituency (p3)
– Linda McCulloch quoted
- Families to receive childcare boost (p4)
- RBS head outlines UK retail expansion (p16)
- GE plans to bolster board (p19)
Edited by Mik Sabiers