Press Round-Up Full (Premium)
Friday newspaper roundup: Pele, tax super-rich private jet travel, house prices, Blair support for Putin
Pelé, the Brazilian virtuoso whose captivating skill and athleticism ensured he was universally regarded as one of football’s greatest players, has died at the age of 82. Pelé, who had a colon tumour removed in 2021, was readmitted to Albert Einstein hospital in São Paulo in November amid deteriorating health. A hospital statement on Thursday confirmed the death of “our dear King of Football” at 3. 27pm local time, “due to the failure of multiple organs, a result of the progression of cancer of colon associated with his previous clinical condition.
Thursday newspaper round-up: Consumers, US/China Covid, strikes, pensions, ExxonMobil
Two-thirds of UK consumers are planning to cut their discretionary spending in 2023 amid concerns about the cost of living crisis, according to a survey. Highlighting the pressure on families and the wider economy from inflation, the accountancy firm KPMG said 61% of consumers in a poll of 3,000 were preparing to reduce their spending on eating out, holidays and other non-essentials. - The Guardian.
Wednesday newspaper round-up: Tax, retailers, Tesla, share buy-backs, petrol prices
Thousands of middle-class families could face an effective tax rate of up to 96 per cent next year because of a crossover of two child welfare systems. The Resolution Foundation think tank has warned that a “collision” between the income levels at which universal credit and child benefit are withdrawn will mean a steep increase in the number of families hit. - The Times.
Friday newspaper round-up: Border Force strike, FTX, Tesco litigation, recession forecasts
Border Force officials will on Friday join the wave of industrial action across Britain, starting the first of a series of strikes at airports, while Royal Mail workers walk out again for two days before Christmas. Passengers travelling into the UK have been warned to be prepared for longer queues at immigration in airports, while many letters and parcels will now go undelivered before Christmas, as staff take action over pay trailing behind inflation. - Guardian.