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 NHS is spending “£1m a week” on private ambulances, according to Metro.
The front page reports the health service is spending more than £1m a week on private ambulances to attend emergencies, such as road traffic accidents and strokes. The article quotes a member of the health union Unison as saying the measure is due to a lack of long-term investment in the healthcare system.
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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