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Editorial 27.09.24


Friday’s front pages have a real mix of international and domestic stories, from Boris Johnson’s memoir to the latest in the Middle East. 

Several papers lead on Chancellor Rachel Reeves, suggesting she is to ‘tone down’ her non-dom crackdown plans after it was revealed there were fears the crackdown won’t bring in extra money to the Treasury. There are other stories about the chancellor and her upcoming Budget on the front pages – and online – as the papers speculate what she has planned for the British economy. 

Interestingly, The Guardian is the only front page to lead with the latest in the Middle East. The ongoing Israeli attack on Lebanon is surprisingly not the lead on many of the newspaper websites either – although the story does feature. 

The rest of the newspaper front pages are made up of domestic stories including the latest showbiz and royal news. 


‘Speculation over October Budget continues’

‘Reeves will soften her stance on non-doms,’ predicts the FT.

The Financial Times leads on the upcoming Budget. The paper suggests Chancellor Rachel Reeves may soften her stance on abolishing the non-dom tax status. 

‘Hunt says Labour failing to understand competitive tax rates,’ says the Telegraph.

The Daily Telegraph also leads on the non-dom story quoting the former chancellor Jeremy Hunt as saying Labour “fail to understand the importance of globally competitive tax rates.” Officials tell the paper that the Treasury is “committed” to “removing the outdated non-dom tax regime”.

‘Plans to tweak rules on borrowing could bring in billions of pounds,’ says The Times.

The Times says there are plans to “tweak” rules on borrowing which could see ministers get tens of billions of pounds extra to invest in the economy. Sources say officials have been asked to draw up options to “offset” assets such as the money owed in student loans – against the wider national debt. 

‘But the measure could keep interest rates higher for longer,’ warns the i.

But the i reports that some economists are warning against the change saying the measure could keep interest rates higher for longer. The paper says Reeves has so far given little away on her tax and spending plans ahead of next month’s Budget. 

‘Boris Johnson’s memoir reveals talks with Prince Harry’

‘Boris attempted to persuade Harry not to leave the UK,’ says the Mail.

The Daily Mail leads on excerpts of Boris Johnson’s memoir – Unleashed – which details his “last ditch” attempt to persuade Prince Harry not to leave the UK back in 2019. 

‘Talks were “totally hopeless”,’ quotes the Telegraph.

The Telegraph picks up on Johnson’s description of a “manly pep talk” with Harry. The paper reports that Palace officials were said to have believed his intervention could have convinced Harry to change his mind. But despite the efforts, Harry departed for Canada the following day. Johnson calls his talks with Harry “totally hopeless.” 

‘Israel will not stop in Lebanon,’ leads the Guardian’s front page.

The Guardian’s front page quotes Israeli PM Benjamin Netanyahu who says Israel “will not stop” its attacks on Hezbollah targets, despite calls from the international community for a temporary ceasefire.

‘Netanyahu claims ceasefire talks will continue,’ the Independent writes.

Online, The Independent, says Netanyahu says talks for a ceasefire in Lebanon will continue as he prepares to address the UN General Assembly on Friday.

The rest of the front pages are made up of domestic stories. 

’19 sex abuse claims against Mohamed Al-Fayed,’ the Daily Mirror reports.

The Daily Mirror leads with a new report on the former Harrods boss Mohamed Al-Fayed. The paper says cops received 19 sex abuse claims against Fayed while he was still alive. The accusations date from 2005 to 2023, when he died, the paper adds. 

‘Public wifi services under attack,’ claims The Metro.

The Metro leads on the suspension of public wifi services at 19 railway stations managed by the Network Rail on Wednesday after messages about terrorist attacks in Europe appeared on people’s devices. Police have confirmed a man has been arrested on suspicion of computer misuse offences. 

‘Scandal exposes crumbling UK social care system,’ says the Express.

The Daily Express leads on an elderly man who has been put in a care home hundreds of miles from his wife. The paper says the ‘scandal exposes the crumbling social care system.’ 

‘I’m A Celebrity contestants on Ozempic will be given jab off camera,’ is the lead for The Sun.

The Sun leads on the hit TV show I’m A Celebrity…Get Me Out Of Here! The paper says the contestants with a prescription for the weight loss drug Ozempic will be given the jab off-camera.

ThePeopleUnited
ThePeopleUnited@Ord_LeftRham
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If it’s true that Rachel Reeves calculated the Non Dom tax plan wrong it’s going to make her look extremely unsuitable & unqualified for the job as Chancellor. She’s spent the money already so if it’s true & it will raise nothing it creates her very own ‘Reeves’ Black Hole’
TimForAlI
TimForAlI@timmyvoe
Read More
In March after the Spring Budget, The IFS spoke of a £20 Billion "Black hole" in the Budget, So why has it come as a shock to the Labour party? So Rachel Reeves wasn't doing her job properly in opposition or Labour were lying when they claimed their manifesto was fully costed 🤨
Uncle Hoz
Uncle Hoz@HussainShafiei
Read More
I’m so proud of London at this moment. I’m so so proud of the youth have come out as well in the driving rain. I mean there was so much rain and they all stayed.
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Japan’s ruling party picks next PM

Japan’s ruling party picks next PM Japan’s ruling Liberal Democratic Party (LDP) has elected veteran politician Shigeru Ishiba as its new leader, positioning him to become the next prime minister.

What do we know about Labour’s plans for the economy?

What do we know about Labour’s plans for the economy? The short answer is, its more of the same. In fact, some business leaders and economists have accused the government of damaging confidence in the economy by presenting a gloomy picture.

But in reality austerity is here to stay, as Labour policies will hit hard for the worse-off in society. Stamrer is keen to appease businesses and shake off the Socialist Labour image.

Former Bank of England chief economist Andy Haldane warned the government’s approach had generated “fear and foreboding” and uncertainty among consumers, businesses and investors. Labour aims to create a rapport with business leaders at the expense of the average taxpayer.

Here’s a list of the key policies from Labour

  • Starmer slashed Labour’s flagship green spending plan from £28bn annually to just £4.7bn
  • Curating private investment by providing incentives and subsidies for businesses at the expense of winter fuel cuts for pensioners.
  • Short-termist fiscal rules to allow higher public investment that would drive growth with long term costs.
  • Re-evaluate public sector net financial liabilities potentially to sell more off like the national wealth fund and GB Energy to ease the balance sheet pressure, allowing labour to borrow 13bn more.
  • No more winter bursaries as the government wants to ensure inflation keeps dropping.
  • The OECD expects Britain’s GDP to expand by 1.2 per cent in 2024 and 1 per cent in 2025 a drop from higher expectations.
  • Keir Starmer’s U-turn on promised tax crackdown on non-doms – because it will make add no money to the treasury as wealthy people could either leave Britain or find ways to avoid the clampdown.

Why is the Israeli invasion of Lebanon so dangerous

Why is the Israeli invasion of Lebanon so dangerous a question on everyone’s lips at the UN general assembly.

World leaders including Macron, Starmer and Biden are all urging Israel to back down, because they can see the complications. This isn’t Gaza anymore, this is an attack on sovereign state.

‘Step back from the brink,’ says Starmer

More than 600 civilians have been killed by Israeli airstrikes in Lebanon since Monday, according local authorities. And the bloodthirsty Israeli Prime Minister Benjamin Netanyahu has told the country’s military to continue fighting with “full force” against Lebanon.

The Israelis are playing the PR game, trying to create a distinction between Hezbollah and the Lebanese people, but the Lebanese see this terrorist attack on their country and as an act of war.

Lebanese Ambassador to the UK Rami Mortada, articulated this eloquently yesterday, Lebanon does not see any problem with Hezbollah and unless Israel withdraws Lebanon will have no choice but to defend its sovereignty.

Netanyahu has a big problem, he can’t back down, if he backs down now he will be seen as failure, despite the genocide in Gaza, and the killing of 40,000 Palestinians, he has not been able to get any hostages back.

As if that wasn’t enough, he also knows as soon as the war is over, the corruption charges against will resume, thus providing a personal incentive.

Why does this matter to me?

First and foremost because Israel is committing genocide, a genocide that is being televised, yet no-one is able to stop it.

According to international law the use of pagers and walkie talkies as explosive device is deemed a terrorist act; International law states any weaponization of everyday products, like walkie-talkies and pagers is against the rules of conflict and deemed an act of terrorism.

Secondly, Israel’s terrorist explosion of pagers was premeditated, tracing as far back as 2021 when Israel set up the dummy company in Hungary to license the pager manufacturing.

Next, this has shown the public that western powers can use your phones and other electrical equipment to not only provide illegal surveillance but also to kill you. Chatter on social media has evolving on boycotting Apple and American electronic devices as they are seen as the biggest threat, and the most likely to use them.

Democrats, have started distancing themselves from Netanyahu – internally, labelling him as ‘out of control’. They need to create some distance between Harris and Netanyahu, if they are going to have any chance of winning the next election.

The disruption to peace is one thing, but this also has a commercial impact, this conflict has the ability to disrupt the supply of gas and oil into europe leading to a surge inflation again. Potentially, it can disrupt supply lines around into the mediterranean as well as Yemen blocking vessels.

Finally, because this conflict has the potential to disrupt International peace as Lebanon is recognised as State, and as such has the right to defend it self. But also, legally, seek the support of its allies in the west to support it against invasion.

Is Lebanon and france allies

France is on of Lebanon’s closest allies it was a French colony and administrative power in the region fro decades. As such France will always support Lebanon at the UN for the resolutions and is committed to defending Lebanon’s sovereignty. If it go this far, it would complicate matters significantly and explains why is the Israeli invasion of Lebanon so dangerous.

Banks must refund fraud cases up to £850000

In a world first, Banks must refund fraud cases up to £85000 within 5 working days. These refunds will become mandatory from 7 October, the Payment Systems Regulator (PSR) has announced. Which means the banks can no longer fob you off when you have been scammed by fraudsters.

What the PSR has done is they have held both banks responsible, Refunds will be split 50-50 between sending and receiving firms in the past only your bank would provide a discretionary compensation. The scammers bank got away scot-free. Banking Apps like Revolut and Chase will become more stringent in clearing large payments.

What this means for you, is that you have some security based on online payments. However, as a downside, banks will now find ways to forcibly close ‘high-risk’ customer bank accounts to avoid losses.

Be wary, if your bank starts sending you letters asking for more information etc, respond and chase them up, because they will use a loophole to close your account if you don’t respond.

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