News digest 19 November 2010
They never change, it’s a case of same old
Tories as Lord Young reveals the true blue thinking on the
recession, the government’s accounts are opened up while more jobs
are cut, but there is mixed news in the City as Rolls-Royce’s
troubles rumble on but GM’s float roars off, before some plots and
promotions among the Labour party ranks, read on to find out
more…
Lord Claptrap – Calls on
Cameron’s enterprise adviser - and former Tory minister –
multi-millionaire Lord Young to resign after he said British people
have "never had it so good" during this "so-called recession",
Unite joint general secretary Tony Woodley said: "Lord
Young has let the mask slip. His Thatcherite claptrap shows
that this country has passed into the hands of an out-of-touch,
unaccountable elite. But Lord Young has done the people of this
country a favour - now we know exactly what this government thinks
of them.” Young was also the author of a government
report into health and safety regulations, if he’s this out of
touch we all know where that should be filed. Time for Young to go
(Sun p2, Mirror p15, Express p7, Mail p12, Times p29, Indie p18, Telegraph p1, Guardian p14, FT p4, Unite
release).
How much? Government opens accounts to
public – Data on spending across Whitehall exposed with
embarrassment for deputy prime minister as it shows £87.000 has
been paid to the law firm where his wife is a senior partner. The
Guardian has a detailed spread on where the money goes as the
private sector increasingly uses state funds to deliver services
(Sun p2, Mirror p15, Express p2, Mail p20, Times p20, Indie p, Telegraph p2, Guardian p1, FT p2).
NHS call centre - Latest idea
to save money is to set up a central call centre to fix an
appointment with your local GP, how soon before it’s outsourced
abroad? (Mirror p9, Express p11, Mail p1)
Green bank bother – Climate
change secretary Chris Huhne clashes with chancellor Osborne over
proposed green bank Guardian (p38).
MoD rapped – And more
conflict in government as Cameron has a dig at defence secretary
Fox saying he is concerned about leaks from the ministry (Express p2, Indie p4, Telegraph p2, FT p2).
Housing unrest – And Cameron
said there would have been ‘social unrest’ if the government did
not make savings on housing benefit while the Indie reports that
the government’s benefits’ policy is based on figures culled from
the web after claims from Iain Duncan-Smith that rents had fallen
by five per cent last year came from the website
www.findaproperty.com which is owned by the Daily Mail publisher
(Sun p2, Indie p15)
Mortgage lending at 10 year
low - £12.4 billion of loans taken out last month, 9 per
cent down on same month last year (Mirror p64, Times p59, Indie p, Telegraph p, Guardian p, FT p, Morning Star p)
Rok sold – Just 381 of over
3,800 jobs have been saved after the collapsed house building
company was sold (Mail
p90, Times p71,
Guardian p40).
Million women out of work –
And the Morning
Star (p2) reports that analysis of government figures shows
that the Con-Dem cuts are targeting women as female joblessness has
passed the one million mark for the first time in 22 years.
Capita cuts – Outsourcing
firm expects poorer results as cuts to government programmes filter
into its own business, the company controls some £250 million of
government projects (Sun p,
Mirror p, Express p, Mail p, Times p, Indie p, Telegraph p, Guardian p, FT p, Morning Star p)
Printing probe close to
conclusion – Investigation into De La Rue ‘funny money’
almost at an end according to the FT (p22).
QinietiQ lift – Back in the
City futuristic products boost technology company although still no
chance of dividend (Mail
p91, Times p75,
Telegraph b3, FT p21).
BA boosted – Company wins
another court case, this time related to threatened class action
over the cargo cartel (Times p59, Indie p52, Guardian p42, FT p4).
Engine changes – But things
worsen for Rolls-Royce. The company is to change all engines
meaning 50 per cent of A380s in the air will get new engines.
Airbus has also said it is looking for compensation on all the
costs it has to bear (Sun
p68, Mirror p25, Mail p89, Times p66, Indie p17, Telegraph b2, Guardian p40, FT p1, Morning Star p5).
Car production rises – The
Times (p71) reports
October figures which show a 6 per cent rise on same month last
year.
GM listing roars ahead –
Float raises some $20 billion (Express p65, Times p63, Indie p47, Telegraph b5, Guardian p40, FT p24).
Pump prices up – But bad news
for motorists as pump prices hit new highs, only the weak euro is
stopping the price of petrol hitting drivers harder (Express p15).
Biscuits offered round – From
driving to food, the Times (p66) also says that
United Biscuits is being offered round for sale after talks with
China’s Bright Food stalled.
Cut pub tax call – And
Southampton University report argues that tax on beer in pubs
should be reduced to attract more people to pubs and stop bingeing
at home (Sun p39, Times p30).
Reason to cheer at
SAB Miller – Brewer says UK sales
rose 25 per cent in last six months (Sun p68, Express p65, Mail p91, Times p72, Indie p50, Telegraphb3p, FT p22).
Ireland on the brink – And
Ireland’s finance minister could probably do with a stiff drink as
the IMF is called in to help bail out the country, Irish government
says its low corporate tax rate (at 12.5 per cent) is
non-negotiable, instead they’ll probably cut pay, pensions,
services and more, how nice (Sun p22, Mirror p23, Guardian p1, FT p1, Morning Star p7).
The plot thickens – More on
politics the Times (p1)
leads with the great goose dinner plot to get Gordon where the
deputy Labour leader is rumoured to have hosted a new year’s eve
party to unseat Gordon Brown before the election, but like a bunny
in the headlights she didn’t move when the chance came…
Lords a leaping – Government
today announced another 56 working peers are to be created; 29 new
Tory peers will be joined by 15 Lib Dems and 10 Labour lords
including former Unite assistant general secretary Ray Collins who
will now step down as Labour party general secretary.
Congratulations Ray (Mirror
p19).
Edited by Mik
Sabiers
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