Tuesday, 29 November 2011

Black holes,new nursery places,Guido Fawkes and Charlotte-Tuesday's papers

Not unsurprisingly it is the economy that dominates the papers ahead of this afternoon's autumn statement.

According to the Guardian,the Chancellor will move to reassure the markets that he remains in control of the British economy when he declares that he is still on course to eliminate the structural budget deficit after a projected £21.5bn fall in Britain's borrowing costs.

The Independent reveals the results of its ComRes poll which says the overwhelming majority of the public believes that George Osborne should slow down his spending cuts in order to boost Britain's anaemic growth levels.

However it adds, the Chancellor will stick to his Plan A deficit reduction strategy in his Autumn Statement today but will introduce a raft of measures to revive the flatlining economy.

These are trailed in the Times,Telegraph and Mail.

The Telegraph says that the Chancellor will unveil a £650 million plan to help young mothers back to work with more than 250,000 toddlers to be given free nursery or childcare places.

The Mail also leads with that story adding that it will require an additional £380million a year in funding by 2014-15.

Whilst the Times reveals that the chancellor will raise hopes of a new multi-runway airport in the Thames Estuary today when he commits the Government to a global hub in the South East.

But let's not forget the mess the economy is in.

The Telegraph reminds us that according to the OECD,weak growth has blown a £50bn black hole in the Chancellor's deficit reduction programme

That story makes the front of the FT as well as it reports that the Chancellor will be forced to admit that the black hole in UK public finances has increased by almost £30bn, requiring the government to impose years of further austerity on the public sector.

Away from the economy and the papers cover yesterday's evidence at the Leveson inquiry.

The Times reports that Lord Leveson was confronted last night with the difficulty of policing the internet when a website,Paul Staines' Guido Fawkes, initially failed to comply with an order to remove a leaked copy of a witness statement from Alastair Campbell.

The evidence of singer Charlotte Church is poured over.The Telegraph reporting that she waived a £100,000 fee to sing at Rupert Murdoch's wedding in exchange for promise of favourable publicity.

Whilst the Guardian reports that former Northern Ireland secretary Peter Hain told the inquiry that he may have been targeted by News International investigators.

The red tops continue to probe into the death of Wales manager Gary Speed.

The Mirror reporting that his heartbroken wife Louise was yesterday struggling to come to terms with his apparent suicide but was being comforted through the ordeal thanks to the tributes from football stars including David Beckham as well as thousands of fans and well wishers.

The Sun reports the comments of his agent Hayden Evans who told the paper that no one could explain the tragedy and that his wife she is bewildered and baffled by his suicide.

Meanwhile England Captain John Terry has been interviewed under caution about an alleged racist slur towards Anton Ferdinand reports the Telegraph

The Guardian reports a record turn out in the Egyptian elections yesterday as voters defied widespread predictions of violence and chaos and fears that the country was yet to break free from three stagnant decades of dictatorship.

Finally the Mail reports that police have arrested a woman after a passenger allegedly burst into a vile racist rant on a tram while holding a child on her knee.

The video,says the paper, posted on YouTube, shows a woman hurling abuse at other passengers on the south London tram and baiting them with foul xenophobic insults.

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