News digest 23 August 2011

Today’s digest opens with Libya, there some more foreign orders, but Cameron says no change for Bombardier as youth workers in his neck of the woods are on strike and while the markets bounce bank, bank stocks drop as does the UK’s economic performance. There are cuts at Uniq, M&B’s boss gets called to task while Cameron could face more questions over Coulson and there could be a strange scent in the air the next time you fly British Airways…

Libya on a knife edge – Libya leads most of the papers although there is conflicting evidence coming out of Tripoli and battle continues to rage as bombs from Nato jets rain down across the city (Mirror p1-5, Sun p1/6-7, Express p4-5, Mail p1/8-11, Times p1/3-9, Indie p1-9, Guardian p1-9, Telegraph p1-5, FT p1-3, Morning Star p1/7-8).

RAF to get new Chinooks – New government deal as MoD confirms £1 billion deal with US based Boeing for 14 new Chinook helicopters (Express p22, Guardian p12, FT p4).

Industry wants tax holiday – The FT (p4) reports engineering tycoon Jim McColl’s call for tax policy to be reshaped to discriminate in favour of manufacturing.

Derby MP Heather Wheeler in a spin over Bombardier – As an independent poll shows South Derbyshire MP Heather Wheeler could lose her seat, Unite calls on the local MP to stop peddling the government line on the Thameslink train contract and start fighting for her constituents, many of whom could lose their jobs at Bombardier’s Derby plant. After previously writing to the prime minister to support Bombardier yesterday she accused the company’s bid of being 10 times more expensive; Cameron has now also written to Labour’s Derby North MP Chris Wiiliamson saying he would not reverse the decision or even meet a delegation to discuss the issue (Mirror p22, Guardian p23, Morning Star p4, Political Scrapbook, Unite release).

Youth workers strike over cuts in Cameron’s seat – Youth workers are striking today to highlight Oxford country council’s plans to slash jobs and funding for youth services. Unite’s Doug Nicholls said: “The prime minister had the audacity to speak from his so-called favourite youth club in Witney last week in the wake of the UK riots, but failed to defend the county’s dedicated team of youth workers.” Today’s action is the first in a series of strikes (Indie p11, Morning Star p4, Unite release).

Rebuilding – After the riots a few of the papers look at the costs of rebuilding (Sun p24, Indie p11).

Markets bounce back – Falling oil prices have buoyed world stock markets ending the period of double digit declines while gold continues to rise breaking the $1,900 level (Express p44, Indie p25, Telegraph b1, FT p1).

Bank stocks drop– A few of the papers report on the fall in banking stocks which have been particularly hard hit making the likelihood of and sell off of the UK state owned share minimal before the election (Mirror p48, Times p41, Telegraph b1).

Rock boss wants Lloyds branches – Former Northern Rock boss Gary Hoffman, who joined the bank when it was nationalised, is in the running for the bank branches being sold by Lloyds (Sun p2).

Tighter bank rules will limit lending – The Indie (p26) reports senior bankers have again warned billions of pounds worth of lending to businesses could be at risk if the government goes ahead in separating retail and commercial banking.

Britain’s poor economic performance – Fears of double dip rise as OECD shows Britain underperforming all the world’s leading economies, apart from tsunami-hit Japan (Times p25, Telegraph b1).

Pay frozen but spine continues – The Telegraph (p1) tries to claim that public sector staff are getting pay rises when in fact it relates to the pay spine which rises with regards to length of service.

MoJ’s union pay bill – Today it is the turn of trade union members at the justice department to be under the spotlight as a couple of papers follow up Tory MP Dominic Raab’s figures (Mail p4, Telegraph p10).

Jarvis collapse to cost £3 million – 1,200 workers who lost their jobs after the group went into administration are going to court in an attempt to claim pay in lieu of notice for compulsory redundancy (Telegraph b3).

Uniq cuts – Troubled food firm to exit desserts market and will close Minsterley plant in Shropshire cutting 350 jobs (Times p36, Unite release).

M&B boss grilled – Chairman of pub group Mitchells & Butlers has been summoned to a crisis meeting with City shareholders (Guardian p22, Telegraph p, FT p, Morning Star p)

4 million spam texts a day – From food to spam and the Sun (p26) reports spam text messages trying to flog dodgy financial services have doubled in a year, people are advised to reject not reply to them.

Unis to reject 100,000 – More on rejections and Ucas admits 100,000 candidates looking for a university place in the current clearing round are unlikely to find a place, phone are still ringing off the hook (Indie p12, Guardian p13).

Twitter threats for Tory MP – Louise Mensch reports threats to her family to the police (Sun p2, Express p22, Times p11, Guardian p11, FT p4).

More Coulson questions for Cameron – The Guardian (p1) reports that David Cameron’s former communications director continued to receive payments from News International even after he was hired by the Conservative party, what’s the bet he wants to jet off on another holiday?.

Heaven scent? - And perhaps Cameron should consider BA as the Sun (p41) reports the airline is considering introducing its own special scent that will be ‘wafted’ through planes. The idea is part of new marketing director Frank van der Post new campaign called ‘Making Flying Special’ although some jokers say it could be called ‘Red Mist’ after the events of the last two years and the fact that the Sun (p10) also reports a businessman was arrested after allegedly threatening to stab a BA plane’s pilot after a boozy air range row on a flight to Heathrow…

Edited by Mik Sabiers

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