Fog and frost clearing through Wednesday morning, although perhaps slower to clear in the northwest and Northern Ireland. Elsewhere, dry and mostly sunny spells, but
Editorial 13.11.24
The newly unemployed Archbishop of Canterbury Justin Welby leads most of Wednesday’s front pages as he announced his departure following a damning report into a prolific child abuser associated with the Church of England found that Welby “could and should” have reported John Smyth’s abuse of boys and young men to police in 2013.
Fighting for space on the front pages this morning is the confirmation that Gary Lineker will step down from hosting Match of the Day at the end of the season. Lineker confirmed he will leave the BBC altogether following the end of the 2026 World Cup.
There is a dash of foreign politics on the newspaper’s front splashes this morning with several stories on President-elect Donald Trump.
The Metro says “Welby quits in shame” noting his resignation comes after criticism from bishops and victims as well as a petition for his resignation that was started by a member of the Church’s parliament. The petition gained 12,000 signatures.
The Daily Mirror highlights Welby’s “sorrow” for the victims and the “profound sense of shame” he spoke about in his resignation letter.
The Daily Mail claims the resignation has thrown the Church into “crisis” and highlights comments from Smyth’s victims who have insisted Welby must not be a “sacrificial lamb” and other senior clergy must go.
The Times says Welby’s resignation is without precedent since the position of Archbishop of Canterbury was established 1,427 years ago. The paper notes senior colleagues of Welby’s have said his resignation was necessary to “change the face” of how the Church handles cases of abuse.
The newspaper editorials are united in their view that it was right for Welby to resign.
The Daily Express says “finally” whilst the Mirror says Welby was left with “no choice.” The Sun reports his potion had become “holy untenable.”
The Daily Telegraph leader quotes one cleric saying “he could not think of an Archbishop who had caused such damage to the Church since the Reformation”, calling the comment a “damning epitaph” for Mr Welby.
The Guardian looks ahead at who could replace Welby with the Archbishop of York Stephen Cottrell and Bishop of Chelmsford Guli Francis-Dehqani at the top of the paper’s suggestions.
The i newspaper says a candidate could also be drawn from the Episcopal Church, the Church of Ireland, or the Church in Wales.
The Mail’s editorial says whoever replaces Welby “must focus on the spiritual and pastoral needs of their flock”.
The i newspaper says Lineker’s departure from Match of the Day was partly due to “internal frustration” that his podcasting business was driving audiences away from the BBC. Under the new deal, the BBC will post an edition of his The Rest is Football podcast on BBC Sounds.
The Daily Telegraph says that BBC listeners of The Rest is Football will get to experience an ad-free version but they will have to wait 48 hours after it’s already available online.
The paper also looks at his departure through a political lens, noting Lineker’s activism, especially around human rights and immigration. The paper’s cartoon shows a meeting at a job centre. The caption reads: “Match of the Day presenter? Have you got anything less preachy, like Archbishop of Canterbury?”
The Mail looks ahead at who might replace Lineker on Match of the Day. The paper says BBC Sport is “already discussing” his job with the host of Football Focus, Alex Scott.
The Sun says the BBC want Mark Chapman and Kelly Somers to share the job – something Chapman has reportedly rejected.
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The upcoming match will be a big test for France, which is home to the biggest Jewish and Muslim communities in Europe and is a place where conflicts in the Middle East have historically reverberated
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The UK needs to view London’s capital markets as a “driver of the domestic economy” rather just a venue for share trading, the boss of the London Stock Exchange said yesterday.
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Bitcoin hit a fresh record, the US dollar rose to a four-month high and Tesla shares jumped, as investors raised bets on the big winners from Donald Trump’s US presidential election victory. The dollar was up 0.4 per cent against a basket of its peers on Monday, passing the level it hit the day after the election last week and taking it to its highest since July. The euro fell 0.5 per cent to $1.067, its lowest level since June. Bitcoin, which has hit a series of record highs in the wake of the election, surged 7 per cent to $82,020, as Republicans looked increasingly likely to take control of the House of Representatives, having already won a majority in the Senate.
London’s challenger stock market Aquis has accepted a £194m takeover offer from Swiss-based bourse operator SIX Group, in a move which will likely inflame fears over the health of the UK’s equity markets. In a statement to the market today, Aquis said the offer would value its shares at 727p per share, a 120 per cent premium to Friday’s closing price of 330p per share. Directors at the St Paul’s based bourse, which is dual listed on its own Apex market and the London Stock Exchange’s AIM, said the deal would help provide the scale needed to compete against bigger firms in the European exchange market.
London Heathrow airport is set to surpass its pre-pandemic passenger record after its busiest October ever saw seven million travellers use the airport. More than 7.2m passengers flew through Heathrow in October as the half term peak helped the airport to its sixth consecutive month of more than seven million passengers.
Bank of England rate-setters received a mixed picture from the latest labour market figures, with progress on wage growth stalling even as unemployment crept up.
According to the Office for National Statistics (ONS), pay growth excluding bonuses eased to 4.8 per cent in the three months to September, down from 4.9 per cent previously but slightly ahead of expectations.
This confirmed that regular pay growth remained at its lowest level since June 2022.
Including bonuses, however, annual wage growth rose to 4.3 per cent, up from 3.8 per cent last month and comfortably ahead of City projections.
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