News digest 29 October 2010

The bust up over housing benefit leads the headlines while there’s also trouble over child benefit, excess pay for executives, pension problems and more jobs under threat, although as it’s the weekend the digest ends with a giggle over government gifts…

Housing benefit bust up – The Mirror (p1) leads with it’s BoJo vs. the bozo as London mayor Johnson attacks Cameron’s housing benefit cuts saying he would fight “Kosovo-style social cleansing” before backtracking under pressure from the Conservative leader. Government housing reforms seem to be unravelling as the Guardian (p4) says experts believe the benefit bill will rise as the cap forces a ‘flight to the suburbs’ while the Times (p4) highlights exactly where the cuts will bite as low paid workers in central and west London face extra pressure, the headline says it all: Richest boroughs plan to kick out housing cut victims. Government housing minister Grant Shapps tries to argue the government is not being unfair, claiming the £7 billion rise in housing benefit payments in the last 10 years is unsustainable. Odd that he makes no mention of capping how much landlords can charge…

Child benefit bother – Another flagship policy starts to unravel as many papers report that the measures could be unenforceable as the benefits stops when either couple pays the higher rate of tax, but benefit is paid to mothers who are under no obligation to tell their partners they get the payment and more importantly under UK tax law individuals, not households, are taxed. The government threatens to fine couples to ensure people tell the exchequer of changed circumstances, but to do so the government will have to keep tabs on all couples with children, a bit of a bureaucratic nightmare methinks… (Mirror p8, Express p2, Times p9, FT p1)

MPs urged to scrutinise ‘quango cull’ bill – Unite joint general secretary Tony Woodley says MPs must think again (Unite release).

Air duty tax attacked – The Express (p1) leads many more papers highlighting the widening in scope of air passenger duty which hits on Monday, many papers take the line ‘only the rich can fly’ noting average families may be priced out of the market for long haul flights as taxes to travel as far afield as Australia triple (Mail p9, Guardian p4, Telegraph p1).

House prices fall again – To add to the misery of Con-Dem Britain a 0.7 per cent fall in house prices last month is biggest decline in 18 months (Sun p17, Telegraph b1).

A fair cop? Anti-terror law slammed – And many papers also report that there were over 100,000 stop and searches under terrorism laws last year, but not a single arrest (Mail p20, Indie p6, Morning Star p1).

Bottoms up to the NHS – No not a new Tory policy but news for those nursing sore heads as the NHS saw a leap in alcohol admissions of 54 per cent over the past decade. One Briton goes to hospital every seven minutes over a booze related problem, the figures from the NHS Information Centre also show that there was a tenfold rise in admissions due to obesity over the same period, and that longer lifetimes means people over 75 account for four million hospital stays in 2009, up two thirds on a decade ago (Mail p10, Times p22).

City pay row rumbles on – More coverage of the 55 per cent rise in City chiefs’ pay, especially when measured against the FTSE 100 which rose by 20 per cent. The FT (p1) says the latest increases mean that city chiefs earn 88 times the average pay of a full time worker, 10 years ago it was still a very high 47 times, how about that high pay commission, apparently business secretary Cable is looking into the issue: Joint general secretary Derek Simpson is quoted on the front page of the FT: “It shows that Cameron’s phrase that ‘we’re all in this together’ is pretty shallow … it is grotesquely unfair when our members have only seen a rise of 2 per cent this year.”

Minimum wage submissions made – Unions call for the minimum wage to rise, Unison says it should go up to £7.60 an hour in its submission to the low pay commission, while the TUC argues the rise should reach £6.14 next October (Morning Star p2).

NUJ to take strike action at BBC– If it’s not pay it’s pensions, but at the BBC the other unions - including Unite – have accepted the pensions’ deal leaving the NUJ to strike alone (Mirror p15, Mail p4, Express p2).

Premier Foods problems – And troubled food company confirms it will end its final salary pension scheme as sales fall 4.2 per cent to £606 million (Mirror p66, Telegraph b2, FT p20, Mail p98, Times p61).

Shell soars – But there’s no problem for Shell as the oil company sees a surge in profits to £2.2 billion, although it should be noted the company made 7,000 job cuts in the last year (Telegraph b3, Sun p58, Mirror p66).

BP blames Halliburton – Oil company says evidence shows the spill was Halliburton’s fault (Mail p5, FT p1).

Santander surge but pain in Spain – UK arm sees profits jump a fifth to £619 million and company also confirms London flotation to go ahead next year, however many papers report on poor returns in its core Spanish business (Mirror p66, Sun p58, Express p65).

Potash performs – Fertiliser company sees profits jump 62 per cent to some $400 million on the back of grain price worries (Indie p42, Telegraph b2).

Premium carmakers profit – Advance for luxury carmakers as Daimler posts €1.61 billion in profits, while Mercedes announces its profit margin is 9.5 per cent and Porsche manages a 16 per cent profit margin (FT p24).

Nissan recall – But not so good news for Nissan as it announces a recall of two million cars world-wide including 84,000 K12 Micras built at its Sunderland plant (Mirror p37, Mail p41).

Overweight driver row settled - Case of two Blackpool Transport bus drivers suspended for being overweight has been “resolved amicably” (Bus and Coach).

Plane jobs under threat – Some 22 staff at Britten-Norman’s Bembridge base are facing redundancy after the aircraft maker announced a major restructuring plan (Isle of Wight County Press).

Peoples’ port campaign launched - Dame Vera Lynn to launch People's Port bid on Saturday in Dover supported by Unite plus the three ferry operators P&O Ferries, SeaFrance and DFDS (This is Kent).

A left gene – According to the Guardian (p5) of all papers apparently scientists have discovered a liberal gene that predisposes people to be more liberal – with a little help from their friends. The gene variant DRD4 is linked to novelty seeking but if you have left leaning friends you may be more social and liberal focused, no mention what happens if ‘liberals’ get into bed with the wrong sort, perhaps the next entry serves as a warning…

Government gifts – Yes finally, pity poor deputy prime minister Nick ‘faggy’ Clegg, yesterday the government announced all the gifts received by Con-Dem ministers since the election, Cameron was showered with presents ranging from a Ruscha lithograph picture (potentially worth millions) to 200 year old whisky, Clegg got absolutely nothing, zilch yes a big fat zero, however judging from the result of a local poll of voting intentions in Sheffield Hallam yesterday - which puts Labour just two points behind the Lib Dems - he may at least get the boot… (all papers, Indie p17)

Edited by Mik Sabiers

Subscribe to this post's comments using RSS

Comments

Re: News digest 29 October 201
I suppsoe that sounds and smells just about right.
Add a Comment
  • Security Verification:
    Type the numbers you see in the picture below.
    Type the numbers you see in this picture.