Daily Express – Surely no need for tax hikes with our growing economy
The Daily Express says that Chancellor Rachel Reeves has been warned there is no need to hike taxes due to economic growth in the last two quarters. The figures show the economy is growing at a “gangbusters” pace, according to the paper. Writing in the paper, shadow chief secretary to the Treasury Laura Trott says there is “absolutely no need or justification for tax rises”.
Elsewhere, there is a report on the multiple arrests that have been made almost a year after Matthew Perry was found dead at his home.
Multiple arrests made over Friends icon Matthew Perry’s death as ‘dealer in custody’
Multiple arrests have been made in connection with Matthew Perry’s death.
Reports have claimed that those arrested include a “doctor and dealers” as investigations continued almost a year after he was found dead in the hot tub at his home in LA.
It’s claimed police saw “text messages,” which unearthed conversations the Friends star had with one of the suspects.
Police sources have told TMZ that “at least one doctor and several drug dealers” were arrested after “helping get and deliver ketamine” to Matthew Perry.
Messages were allegedly found revealing conversations the actor had with one of the suspects discussing the drug he wanted and the price.
Boost for UK economy as GDP rises by 0.6% after major slump
The UK economy continued its recovery from recession at the end of last year as growth extended over the latest quarter, according to official data.
The Office for National Statistics (ONS) said gross domestic product (GDP) increased by 0.6% between April and June, in line with economist predictions.
In June, there was no economic growth recorded for the month as weakness in services was offset by improvements in the manufacturing sector.
It came after no growth was recorded in April due to an impact from wet weather, and then 0.4% growth in May as the economy recovered.
The second-quarter performance came after 0.7% growth in the first quarter, after a shallow recession over the second half of 2023.
Today’s news summary – Paper Talk
If you are someone who reads every perspective of a story, here is a news summary of all of today’s front pages from today’s newspapers; summarised in a 2-minute read
Editorial 16 August 2024.
Friday’s newspapers lead with a variety of stories, mostly domestic news. A number of the leads carry the news that the UK economy grew by 0.6% between April and June as it continued its recovery from the recession at the end of last year.
There’s coverage of potential pay rises for GPs following the government paying out to end rail strikes. A-level results, British tanks in Ukraine and Taylor Swift in London are splashed on the front.
Prince Harry and Meghan are pictured on several front pages as they visit Colombia. Other celebrity news also features, including news that five people have been arrested in connection with the death of actor Matthew Perry.
The back pages look ahead to the return of the Premier League as the new season is just around the corner.