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Newspaper headlines: Twitter cuts begin and pensions 'stealth tax raid' Newspaper headlines: Twitter cuts begin and pensions 'stealth tax raid'
(about 17 hours later)
Saturday's papers lead on a variety of stories with the Financial Times focusing layoffs at Twitter after Elon Musk took the helm at the social media company. An image of the billionaire appears in a montage among the names of advertisers who have withdrawn from Twitter for now, including Carlsberg and Volkswagen. The FT reports that Mr Musk is warning of a “massive drop in revenue” at the company since his buyout - leading him to begin slashing Twitter’s 7,500 strong workforce.
Elon Musk makes the Daily Star's front page as the latest public figure battling it out against a lettuce. Revisiting its viral contest between former Prime Minister Liz Truss and the vegetable, the paper says a "new international lettuce war has broken out" with a Twitter executive. An image of a tweet posted by a worker at the company, where large layoffs are under way, appears alongside the text: "Will I get [the] sack before salad wilts?"
Liz Truss's successor in Downing Street is pictured on the front of The Times, with Rishi Sunak granting the paper his first major interview since becoming prime minister. Mr Sunak is quoted as warning people that the state "cannot fix everyone's problems" amid economic turmoil. He also admits that trust in the Conservative Party has been damaged by Truss's "sugar-rush budget", adding that he hopes to restore economic credibility with his 17 November autumn budget.
"Pensions targeted in stealth tax raid" is the headline from The Daily Telegraph, which also splashes with a story on Rishi Sunak. It reports the PM and Chancellor Jeremy Hunt "plan to reveal a stealth tax raid on pensions" later this month. Alongside a photo of Sunak laughing with King Charles, the paper says it has learnt that the pension lifetime allowance "is set to be frozen for two more years from 2025 to 2027".
Pensions and the ongoing concern that the triple lock guarantee will not be maintained as planned is the main story for the Daily Express. It comes as No 10 said last week that Rishi Sunak will not commit to raising the state pension in line with inflation ahead of a statement by his chancellor in a fortnight's time. According to the Express, the prime minister "faces a voter's rebellion" from Tory supporters if he drops the promise to protect the triple lock.
The Daily Mirror leads with an exclusive about Matt Hancock, the former health secretary who is appearing in this year's I'm a Celebrity... Get Me Out of Here! The MP, who is also set to appear on our screens in Celebrity SAS: Who Dares Wins next year, reportedly skipped last month's Tory party conference to film the survival show. A source told the paper that Mr Hancock. who has had the Tory whip suspended, "wanted to show off his 'mental strength and ­physical fitness'".
Meanwhile, the i leads with the headline: "Cyber attack hits patient care as NHS records are left in 'chaos'". According to the paper's exclusive, doctors are warning that a cyber attack which "wiped out NHS systems three months ago is undermining treatment in mental health trusts and affecting people who need to be cared for at home". The paper says it has been told patients’ records are missing, safety has been compromised, and medication doses are at risk of being missed.
Fresh information on the disappearance of Lord Lucan, who went missing in 1974 after the murder of his children's nanny, makes the "world exclusive" lead for the Daily Mail. Lord Lucan's blood-soaked car was later found abandoned in East Sussex after Sandra Rivett was found dead at his home in London that year. According to the paper, "cryptic new clues" in connection with the case - and made public for the first time - have emerged in the form of Cluedo cards found by police in his car almost 50 years ago.
A fresh climate change warning from the UN Secretary General Antonio Guterres is the main story for the Guardian. The UN chief is quoted as saying that unless rich countries sign an agreement with poor countries on the climate, "we will be doomed". The warning comes as world leaders begin gathering for the UN's COP27 climate summit in Egypt on Sunday.
And the Sun reports its own showbiz exclusive, writing that TV star Patsy Kensit has landed a role in the long-running soap EastEnders. The former model will play the mum of Lola Pierce in scenes due to air around Christmas, the paper says. It adds that the Emmerdale and Holby City actress "has always dreamed of a role in Albert Square".
Rishi Sunak tells The Times that trust in the Conservative Party has been damaged by his predecessor Liz Truss's "sugar-rush" mini budget.Rishi Sunak tells The Times that trust in the Conservative Party has been damaged by his predecessor Liz Truss's "sugar-rush" mini budget.
He refuses to discuss details of his own economic plans, but promises a "compassionate approach" - something the paper takes as an indication that he is unlikely to cut benefits in real terms or ditch the triple lock on pensions.He refuses to discuss details of his own economic plans, but promises a "compassionate approach" - something the paper takes as an indication that he is unlikely to cut benefits in real terms or ditch the triple lock on pensions.
Speculation continues elsewhere about how Mr Sunak and his chancellor intend to save an estimated £50bn through spending cuts and tax rises. The Daily Telegraph says they are planning a "stealth tax raid", which will include freezing the pension lifetime allowance until 2027. Currently, people can draw almost £1.1m from pensions before having to pay additional tax.Speculation continues elsewhere about how Mr Sunak and his chancellor intend to save an estimated £50bn through spending cuts and tax rises. The Daily Telegraph says they are planning a "stealth tax raid", which will include freezing the pension lifetime allowance until 2027. Currently, people can draw almost £1.1m from pensions before having to pay additional tax.
Speaking to the Guardian on the eve of the COP27 climate summit, the UN Secretary General Antonio Guterres warns that the world will be "doomed" unless countries sign a "historic pact". He tells the paper that the biggest issue at the talks is the "glaring gap" between rich nations, responsible for most emissions, and poorer countries, which are bearing the brunt of climate change.Speaking to the Guardian on the eve of the COP27 climate summit, the UN Secretary General Antonio Guterres warns that the world will be "doomed" unless countries sign a "historic pact". He tells the paper that the biggest issue at the talks is the "glaring gap" between rich nations, responsible for most emissions, and poorer countries, which are bearing the brunt of climate change.
The FT Weekend reports that, as delegates gather in Egypt, the mood is one of gloom. It says the conference is set to be a more low-key and procedural affair that previous gatherings.The FT Weekend reports that, as delegates gather in Egypt, the mood is one of gloom. It says the conference is set to be a more low-key and procedural affair that previous gatherings.
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There's plenty of reaction to the government's suggestion that it could abandon plans for a new high-speed rail line linking cities in the north of England. The i says economists on the left, right and centre of the political spectrum have warned the chancellor that curtailing such long-term investments could weaken growth.There's plenty of reaction to the government's suggestion that it could abandon plans for a new high-speed rail line linking cities in the north of England. The i says economists on the left, right and centre of the political spectrum have warned the chancellor that curtailing such long-term investments could weaken growth.
The Daily Mirror calls it a betrayal, "yet again the government's commitment to levelling up has been exposed as a hollow farce", it says.The Daily Mirror calls it a betrayal, "yet again the government's commitment to levelling up has been exposed as a hollow farce", it says.
Several papers provide accounts from some of the workers at Twitter who have lost their jobs following the takeover by Elon Musk.Several papers provide accounts from some of the workers at Twitter who have lost their jobs following the takeover by Elon Musk.
The Times describes the changes as a "massacre" and says many workers think the company has now changed beyond recognition. One employee describes the day it was sold as "the last day Twitter was Twitter," while another says "the magnificent culture and company we built together... is now gone".The Times describes the changes as a "massacre" and says many workers think the company has now changed beyond recognition. One employee describes the day it was sold as "the last day Twitter was Twitter," while another says "the magnificent culture and company we built together... is now gone".
The Daily Mail reports in its lead story that "cryptic clues" were left in the car abandoned by Lord Lucan shortly after he was suspected of bludgeoning to death his children's nanny and disappearing almost 50 years ago. The paper says three Cluedo cards were found in the vehicle - showing Colonel Mustard, the lead piping and the hall. The paper ponders whether they could be an "extraordinary confession" or "a sick joke".The Daily Mail reports in its lead story that "cryptic clues" were left in the car abandoned by Lord Lucan shortly after he was suspected of bludgeoning to death his children's nanny and disappearing almost 50 years ago. The paper says three Cluedo cards were found in the vehicle - showing Colonel Mustard, the lead piping and the hall. The paper ponders whether they could be an "extraordinary confession" or "a sick joke".
Two former prime ministers - Sir Tony Blair and Sir John Major - condemn the creators of the Netflix show The Crown in the Daily Telegraph. Sir Tony describes as "utter rubbish" scenes which show him plotting with the then Prince of Wales to remove Queen Elizabeth the second from the throne.Two former prime ministers - Sir Tony Blair and Sir John Major - condemn the creators of the Netflix show The Crown in the Daily Telegraph. Sir Tony describes as "utter rubbish" scenes which show him plotting with the then Prince of Wales to remove Queen Elizabeth the second from the throne.
In a letter to the paper, Sir John says "utterly untrue" storylines presented as fact so soon after the death of the Queen would be devastating for the Royal family.In a letter to the paper, Sir John says "utterly untrue" storylines presented as fact so soon after the death of the Queen would be devastating for the Royal family.
A SHIP OF NIGHTMARES: Watch new comedy horror WreckA SHIP OF NIGHTMARES: Watch new comedy horror Wreck
'SCOTTISH FLING': Join Martin Compston on an unforgettable trip across his home country'SCOTTISH FLING': Join Martin Compston on an unforgettable trip across his home country