New era of stagflation
February 7, 2025
8:15 am
The Daily Mail doesn’t mince words, directly blaming Reeves for what it calls a “new era of stagflation.” The paper argues
The Metro leads on the death of fashion designer Mary Quant at the age of 93. Dubbing her Ms Miniskirt, the paper describes her as a British fashion icon.
The front page tribute to Dame Mary Quant says her “era-defining” designs “made the Sixties swing”. The paper also carries an interview with actors Nicholas Hoult and Nicolas Cage, who star in the new Dracula film Renfield, out in cinemas today.
The Daily Mail doesn’t mince words, directly blaming Reeves for what it calls a “new era of stagflation.” The paper argues
The Daily Telegraph shifts the blame to the “bloated state,” arguing that the expansion of the public sector since the pandemic has
The Guardian echoes these concerns, noting that fears of stagflation are growing. The paper reports that Reeves’ growth plan has suffered
Friday’s front pages report on the Bank of England’s bleak forecast for the UK economy sparked widespread concern, with growth now expected to be just 0.75% this year.
Rachel Reeves is under fire with some of the papers speculating on her future in the role of chancellor and the fears of stagflation – a combination of stagnant growth and rising inflation—are dominating the narrative.
While the interest rate cut to 4.5% offers some relief, the overall economic outlook remains challenging. The papers say the government faces tough choices including potential tax hikes or spending cuts, to stabilise the economy.
Elsewhere, there’s some showbiz news dominating tabloids, including reviews of the new BBC TV series Amandaland, an exclusive interview with the former girlfriend of Liam Payne and coverage of recent allegations made against a TV star.
The back pages are dominated by Liverpool’s 4-0 win over Spurs to book their place in the Carabao Cup final at Wembley.
Rachel Reeves has been dealt a further blow in her bid to fulfil Labour’s primary mission of reigniting economic growth,
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