What the papers say – November 1
Fallout and reaction from the Budget continues to dominate the front pages of Friday’s newspapers.
The Daily Telegraph and Financial Times lead on the financial markets’ reaction to Chancellor Rachel Reeves’ announcements with borrowing costs increasing over fears the Government’s plans will fail to boost growth
Just published: front page of the Financial Times, UK edition, Friday 1 November https://t.co/TFzwfW33D7 pic.twitter.com/UmqcnkITIR
— Financial Times (@FT) October 31, 2024
📰 The front page of tomorrow's Daily Telegraph:
'Markets turn on Reeves over tax burden'#TomorrowsPapersToday
Sign up for the Front Page newsletter ⬇️https://t.co/fRkXGjgkeU pic.twitter.com/AsusGLfSiY
— The Telegraph (@Telegraph) October 31, 2024
The Guardian says Ms Reeves has been warned more than £9 billion in extra tax rises could be needed to avoid a fresh austerity drive across public services.
Friday’s GUARDIAN: “Reeves told she will have to raise further £9bn for public services” #TomorrowsPapersToday pic.twitter.com/DzcuOyB3FY
— Allie Hodgkins-Brown (@AllieHBNews) October 31, 2024
Charities have warned of “dire” consequences following a £1.4 billion Budget raid, according to the Daily Mail.
Friday’s Daily MAIL: “Reeves’ Tax Raid To Cost Charities £1.4 Billion A Year” #TomorrowsPapersToday pic.twitter.com/LbIK2OcG0V
— Allie Hodgkins-Brown (@AllieHBNews) October 31, 2024
The Daily Express says the Chancellor has admitted working people could get lower pay rises after what it describes as a “brutal Budget tax raid on businesses”.
Friday’s Daily EXPRESS: “Reeves Admits Budget WILL Hit Workers” #TomorrowsPapersToday pic.twitter.com/cfqZzJdaRB
— Allie Hodgkins-Brown (@AllieHBNews) October 31, 2024
Economists warn Labour’s Budget means mortgage rates will stay higher for longer, the i reports.
Friday's front page: Interest rates will fall more slowly after Budget, economists warn#Tomorrowspaperstoday pic.twitter.com/qEai9nzEP3
— The i paper (@theipaper) October 31, 2024
The Sun leads on warnings from farmers, who say they could face “massive disruption” and possible food shortages after Wednesday’s Budget.
Friday’s SUN: “A Kick In The Bullocks” #TomorrowsPapersToday pic.twitter.com/zfInOgMrlK
— Allie Hodgkins-Brown (@AllieHBNews) October 31, 2024
The Times splashes on reports up to half of claims for the main welfare benefit could be for poor health by the end of this parliamentary term, saying the total cost of sickness could cost up to £100 billion per year.
Friday’s TIMES: “Soaring cost of sickness claims” #TomorrowsPapersToday pic.twitter.com/Vkap4q93mf
— Allie Hodgkins-Brown (@AllieHBNews) October 31, 2024
The Metro says more than 400 people have told lawyers they suffered or witnessed sexual abuse perpetrated by then-Harrods owner Mohamed Al Fayed.
Tomorrow's Papers Today 📰
400 VICTIMS OF AL FAYED
🔴 Survivors launch compensation fight with £1bn legal backing#tomorrowspaperstoday pic.twitter.com/rahwHg9p2v
— Metro (@MetroUK) October 31, 2024
The Daily Mirror concentrates on the flooding in Spain with at least 158 people dead.
Friday's front page: https://t.co/6Tbt7v42MV #tomorrowspaperstoday pic.twitter.com/TTWVbieZBD
— The Mirror (@DailyMirror) October 31, 2024
Lastly, the Daily Star says “spoilsports” want to ban references to booze from some popular children’s songs.
Friday's front page: What did they do with the drunken sailor?#TomorrowsPapersTodayhttps://t.co/6O5LW5nRuo pic.twitter.com/x6n47kVR7e
— Daily Star (@dailystar) October 31, 2024