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Editorial 22.10.24


Tuesday’s front pages report that police officer Martyn Blake has been cleared of the murder of Chris Kaba – an unarmed man who was shot dead during a police stop in south London in 2022. 

Several papers feature images of Australian senator Lidia Thorpe heckling King Charles during his tour of the country.  

The upcoming October Budget has prominent coverage on today’s front splashes as well as the Conservative leadership race. 

The back pages report on tonight’s Champions League fixtures. 

‘Cop cleared of Chris Kaba murder’

‘Blake found not guilty in just three hours,’ the Metro reports.

The Metro reports that Kaba was unarmed at the time of the shooting but was driving a car that had been linked to a previous shooting. The paper says the Old Bailey jury found Martyn Blake not guilty in just three hours following the three-week trial. 

‘Blake overcome with emotion as kaba family feel deep pain of injustice,’ says the Mirror.

The Daily Mirror says Blake was “overcome with emotion” when the verdict was read out, but also quotes Chris Kaba’s saying it has left them suffering the “deep pain of injustice” and vowing to fight on. 

‘Cops want system to be reformed as it punishes them for doing their job,’ says The Guardian.

The Guardian reports that the verdict has fuelled police anger that Blake was put on trial in the first place. The paper says cops want to see reform of a system they say punishes them for doing their job and that cops are lobbying ministers to make it harder for such a trial to happen again. 

‘Robert Jenrick says the decision to prosecute Blake was wrong,’ says the Telegraph.

The Daily Telegraph reports Kaba was shot as he tried to ram his way through a police roadblock and that the officer told the trial he feared for one of his colleagues. The paper also quotes Conservative leadership hopeful Robert Jenerik who says the decision to prosecute Blake was wrong in the first place and calls Blake a “hero.” 

‘Stop crushing the spirit of good officers,’ – The Times quotes the Met Police boss.

The Times quotes Met Police boss Sir Mark Rowley as saying “no firearms officer sets out on duty intent on ending a life” and “the more we crush the spirit of good officers, the less they can fight crime.” The paper says Blake’s suspension from duties was immediately lifted following his acquittal.

‘After a two-year probe, Blake was acquitted in just three hours,’ says The Sun.

The Sun’s headline highlights Blake was acquitted in just three hours after a two-year probe and a three-week trial. 

‘More Budget speculation’ 

‘Nurses and teachers dragged into paying the 40% income tax rate,’ says the i newspaper.

The i newspaper leads on the upcoming October Budget saying teachers and nurses are among two million people who could be dragged into paying the 40% income tax rate by the end of the decade. Tax thresholds were frozen by the Tories in 2022 and were due to rise again from 2028, but the chancellor is said to be considering using next week’s Budget to extend the freeze until the end of the parliament. 

The Daily Mail and the Financial Times lead on a government assessment of workplace reforms.

‘Workforce reforms could cost business £5bn a year,’ reports the FT.

The FT says the changes could cost business £5bn a year. The reforms, which include the employment rights bill, include a ban on zero-hours contracts and measures to give unions access to workplaces. The British Chambers of Commerce is quoted by the paper warning that companies risk being “buried under a mountain of additional cost.” 

‘Workforce reforms could lead to more strikes and workplace disputes,’ highlights the Mail.

The Mail’s front page notes the assessment found the changes could lead to more strikes and workplace disputes, though it also quotes deputy PM Angela Rayner, who insists the government is “pro-business” and praised a “new era for working people.”

Sarah Wilkinson
Sarah Wilkinson@swilkinsonbc
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‘The UN is crumbling under the weight of shame’, inaction & complicity with the israeli genocide: it’s no longer a beacon of anything but inertia
Uncle Hoz
Uncle Hoz@HussainShafiei
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What’s happening in the refugee camp of Jabalia in Northern Gaza needs to stop now. Israel is committing war crimes this government of ours and every other western government is going to have to do something about this. If you don’t do something now whatever happens is on your heads.
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GKN Aerospace owner Melrose holds outlook despite supply chain challenges

Melrose Industries said it is on track to hit looming profit targets despite the industry-wide supply chain challenges plaguing the aerospace sector.

The Birmingham-based manufacturer said this morning it expects adjusted operating profit of between £550m and £570m this year and £700m in 2025.

In an update to markets, Melrose flagged a seven per cent year-on-year rise in revenue, driven by a 17 per cent jump in its Engines division.

Aerospace manufacturers, particularly the major planemaker’s Airbus and Boeing, have struggled to meet a significant ramp-up in post-Covid demand from their airline customers, as a result of long-running supply chain problems.

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Huel: Record sales as profit triples at brand backed by celebrities

Huel, which counts the likes of Idris Elba, Steven Bartlett and Jonathan Ross among its investors, has reported record sales as a profit almost tripled during its latest financial year.

The Hertfordshire-headquartered company, which is known for its vitamin-enriched food items, has reported a revenue of £214m for the 12 months to 31 July, 2024, up from the £184.5m it achieved in the prior 12 months.

Huel’s pre-tax profit also jumped from £4.7m to £13.8m over the same period, according to new figures.

The business said its products are now sold in 25,650 stores, up from 11,250.

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Average price tag on a home falls as rate cuts spark demand revival

The average price tag on a newly marketed home dropped by over £5,000 in November as buyer demand revived in the wake of the Bank of England’s recent interest rate cut.

According to Rightmove, the standard price for a newly marketed home currently sits at £366,592, a 1.4 per cent month-on-month drop.

That downward trend is steeper than usual, with a typical November fall being around 0.8 per cent.

Rightmove said its data indicated that a fall in buyers approaching estate agents following the Autumn Budget, had been offset by a rise in buyer demand after the Bank of England lowered interest rates to 4.75 per cent in only the second cut this year.

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UK inflation set to jump above target in headache for Rachel Reeves

UK inflation is expected to have jumped above the Bank of England’s two per cent target in October, bolstering a cautious approach to cutting interest rates in the months ahead.

A more gradual easing of monetary policy would be a headache for the new government, which has tried to reassure markets that last month’s big-spend Budget will boost economic growth without leading to runaway inflation.

Economists forecast the consumer price index (CPI), due on Wednesday, to come in at 2.2 per cent for last month, up from 1.7 per cent in September.

Higher energy prices are expected to drive the increase, with regulator Ofgem hiking its price cap on household bills by 9.5 per cent last month.

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Reeves warns financial regulation has gone ‘too far’ in pledge to unleash the City

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“We cannot take the UK’s status as a global financial centre for granted,” she said. “In a highly competitive world we need to earn that status and we need to work to keep it.” 

Reeves has laid out a package of reforms aimed at driving competition across financial services and unlocking a wave of capital from the UK’s pension system.

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