The Met Office has issued a yellow weather warning putting the Christmas getaway under threat by 80mph winds. Many regions of the country will be impacted this weekend with warnings of heavy rain and winds of up to 80mph that
Editorial 24.10.24
Thursday’s headlines continue to speculate on the upcoming October budget, due out next week. The papers report on measures they expect to be included.
A handful of broadsheets lead with the supposed row that has erupted after Donald Trump accused the Labour Party of election interference.
Elsewhere, other domestic stories make the front pages including the death of a former British Olympian and the remarkable story of a baby who survived after her mother fell from a block of flats in Leeds.
The Daily Mail says the chancellors’ plan to impose national insurance on employers’ pension contributions in the private sector while sparing those in the public sector has sparked “fury.” The paper said such a move would raise £15 billion in the budget.
The i newspaper suggests the MoJ budget will be “on the chopping block” as the chancellor looks to make savings. Former justice secretaries Robert Buckland and Alex Chalk are quoted warning against the move. Buckland says “the idea there’s anything left to cut is fanciful”.
The Daily Telegraph leads on a different political story saying aides to the PM have been drawn into a row with Donald Trump over claims that Labour activists volunteering on the Kamala Harris campaign broke US electoral law.
The paper reports that several high-ranking members of the Labour Party attended the Democratic National Convention in August. It cites a US election lawyer who suggests that conversations between Labour and Democratic officials may have violated rules prohibiting foreign involvement in election campaigns. However, the paper notes that Labour has denied holding any formal meetings with Kamala Harris’s team.
The Times reports that Trump has accused the Labour aides of “anti-American election interference,” claiming it is part of a “far-left” scheme to install Harris in the White House. The paper describes his remarks as an “extraordinary attack” and warns that the incident could strain UK-US relations if Trump wins the November election.
The Sun says there will be a UK-wide ban on disposable vapes from 1 June 2025. The paper says new laws are being drawn up to protect children’s health and the environment but some are accusing the prime minister of “nanny state meddling.”
The Guardian says a report by the National Audit Office has found the cost of special needs education in England has hit £10bn a year. It says some local authorities have been forced towards insolvency by the rise in demand. The paper says the number of children entitled to support is expected to double to one million within a decade.
The Daily Mirror’s front page pays tribute to Olympian and professional strongman Geoff Capes who has died at the age of 75.
The Metro reports on the delivery of a baby whose pregnant mother died after falling from the tenth floor of a tower block in Leeds. The paper carries a picture of the baby, named Posie, on a critical care unit while big sister Demi looks over her.
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The rate of price rises in the UK increased to 2.6 per cent in November, as a hike in tobacco duty and petrol costs drove inflation higher.
The Office for National Statistics (ONS) announced the latest monthly Consumer Prices Index (CPI) reading on Wednesday, up from 2.3 per cent in October.
The inflation level swung back above the Bank of England’s 2 per cent target in October, largely because of household energy bills being pushed up as the price cap rose.
Continue reading …
UK inflation increases as cigarettes and petrol drive price rises
The Bank of England is poised to leave interest rates on hold this week after a jump in inflation and uncertainty over the Budget’s economic impact.
Policymakers are expected to keep rates at 4.75 per cent at their next meeting on Thursday after making cuts in August and November.
Although inflation fell below the BoE’s two per cent target in September, the latest official figures showed it jumped back up to 2.3 per cent in October.
The reading marked the sharpest rise in two years and was higher than economists had expected, mainly due to rising energy bills.
https://www.cityam.com/bank-of-england-set-to-hold-interest-rates-after-inflation-surprise/
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