Rain, sleet and snow will linger across central parts of England and Wales this morning. Gradually turning drier this afternoon with some brightness and feeling
Editorial 19.11.24
The ongoing dispute between farmers and the chancellor over her plans to impose inheritance tax on farms valued over £1 million continues to make the headlines.
Tuesday’s front pages also lend space to the latest in Ukraine as the papers suggest the UK is expected to join the US in letting Ukraine use its missiles to attack Russia.
Several front pages leave room to report on the incoming snow and wet weather barrelling into Britain today, with many people being warned of disruptions to travel.
There are reports on a major IT glitch that affected dozens of British Airways flights on Monday night and reports PM Keir Starmer could clash with Donald Trump over Britain’s new respectful approach to China.
Elsewhere, other domestic stories fill the front pages, whilst the back pages are dominated by English football.
The Daily Telegraph reports that Chancellor Rachel Reeves has reaffirmed her plans to impose inheritance tax on farms valued over £1 million, emphasising the need for wealthier estates to contribute to public services. Criticism has emerged, with Labour peer Baroness Mallalieu accusing the party of being out of touch with rural communities. The front page frames it as ‘farmers told they have to pay to fund the NHS.’
The Sun reports on the planned protests by farmers saying Jeremy Clarkson is expected to join them in protesting in Westminster on Tuesday. The paper calls the inheritance tax a “tractor tax” and says “Clarkson’s farmy army” highlighting the fact Clarkson has his own farm in the Cotswolds.
Several papers, including The Guardian, The Times and The Telegraph spotlight the prime minister’s comments supporting Ukraine’s use of US-provided long-range missiles to strike Russia, following a policy shift from Joe Biden.
The Guardian reports Moscow has accused the West of escalation and accused Joe Biden of adding “fuel to the fire” in Ukraine.
The i newspaper highlights Moscow’s threat to strike back if UK and US long-range missiles are used to strike its territory.
The Telegraph says Biden is expected to give his authorisation for Storm Shadows to be used, after rejecting repeated requests from the UK to allow Ukrainian forces to deploy them with American support systems. If used without US systems, the weapons do not work effectively. The paper also notes that if the UK follows suit it adds pressure on Germany – Europe’s biggest economy – to also follow.
The Independent reports both Trump allies and the Kremlin are unhappy with Biden’s decision. Russia claims the US is adding fuel to the fire, whilst team Trump – set to take office in January – accuses Biden of ‘launching a whole new war.’
The Daily Mirror reports a “defiant” prime minister has refused to rule out allowing Ukraine to use British long-range missiles to hit Russia. But the paper also warns the UK not to underestimate the possible consequences of following Washington and allowing Ukraine to use its long-range weapons on Russia too.
The Daily Telegraph reports that Business Secretary Jonathan Reynolds suggested the UK would align with the EU in the event of a US-China trade war initiated by Donald Trump. Reynolds pointed out that UK-EU trade ties are more substantial than those with the US, making alignment with Brussels a priority.
The i says Starmer’s new ‘respectful approach to China puts him on course to collide with the incoming US President Donald Trump.
The Daily Mail calls it “chaos” and says dozens of flights were disrupted due to the major technological glitch leaving thousands of passengers standing in the cold waiting to board flights.
The Times says a huge knock-on effect is expected. “Queues build at Heathrow while pilots waiting on the tarmac say a global IT ‘outage’ means they have lost contact with the airline,” it adds.
U.S. President-elect Donald Trump has confirmed plans to use the military to carry out mass deportations of undocumented migrants, marking one of the most ambitious immigration initiatives in U.S. history.
The European Union has opted not to suspend its political dialogue with Israel after failing to reach a unanimous agreement at a Council of Foreign Ministers meeting in Brussels on
Prominent Hong Kong pro-democracy leaders have been sentenced to lengthy prison terms for subversion in a landmark trial under China’s controversial national security law (NSL). They were among the “Hong
An undersea telecommunications cable linking Germany and Finland has been severed, raising concerns amid already heightened tensions in Europe. The 1,170 km (730-mile) C-Lion1 fibreoptic cable connects Helsinki and Rostock,
A car drove into a crowd outside Yong’an Primary School in China’s southern Hunan province, leaving several students and adults injured, according to state media. Details on the number of
A massive protest unfolded in New Zealand’s capital, Wellington, as over 35,000 people gathered outside parliament to oppose a controversial bill seeking to redefine the Treaty of Waitangi. The demonstration
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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.
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.
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.
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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