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‘ Ace News Room U.K Daily News Desk ‘

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#AceNewsRoom With ‘Kindness & Wisdom’ Aug.18, 2022 @acebreakingnews

Ace News Room Cutting Floor 18/08/2022

Follow Our Breaking & Daily News Here As It Happens:

#AceDailyNews says here’s todays Newspaper Headlines: Its all about ‘ Bums on Seats & Money in the Bank ‘ for Universities and Schools as students get their grades in BTEC & Exams and now if you are not in ‘ Top Grades ‘ you get whatever is left and the top jobs are gone thats the ‘ Class System ‘ at work Kindness & Love XX says 🙏🙏’s for a ‘ Balanced Society ‘ Amen

Financial Times
The Financial Times leads on the UK’s inflation rate rising above 10% in July for the first time in 40 years. Consumer prices were 10.1% higher than the previous year, exceeding expectations inflation would remain in single digits, the FT reports. The paper writes the next Conservative Party leader will inherit an economy that will “resemble the 1970s era, when Britain was regarded as the ‘sickman of Europe'”.
A study predicts two-thirds of all UK households will be trapped in fuel poverty by January, the Guardian reports. The University of York research says 18 millions families – the equivalent 45 million people – will be struggling to make ends meet after further predicted rises in the energy price cap in October and January. It quotes Labour shadow minister Ed Miliband calling the figures “shocking” and showing the “full scale of the national emergency that could unfold unless the government acts”.
“Britain has the worst inflation in the G7” headlines the Telegraph as it reports that UK inflation is at a higher rate than in America or major eurozone countries. Economist Martin Beck told the paper: “We have got the US’s excess demand for workers and the Europeans’ massive energy bill issues, so we have the worst of both worlds when it comes to inflation.”
i newspaper
“Now brace for the interest rate hike” says the i newspaper as it warn millions will face increased mortgage payments as the cost of living crisis deepens. Former Chancellor Philip Hammond tells the paper the government is “not functional” and must get tough on wages to tackle inflation.
The Daily Express also warns over an interest rate rise. It reports economists predict a second 0.5% rise in a row next month in a bid to tackle inflation. It quotes one calling it “almost inevitable”.
The Times leads on tens of thousands of teenagers being expected to miss out on their first-choice university on A-level results day on Thursday. It says experts claim 40,000 candidates could be rejected by their first choice if they miss a grade due to the population of school leavers growing and also universities over-recruiting last year. The Times notes those who miss their grades “will face strong competition” with a significant reduction in clearing places compared to 2019.
“Knifed to death on mobility scooter” headlines the Metro. It shows an image, released by police, of a suspect following the fatal stabbing of 87-year-old grandfather Thomas O’Halloran in Ealing, London, on Tuesday.
Daily Mail
The Daily Mail also leads on the stabbing of Mr O’Halloran and reports the grandfather had been busking with his accordion to raise money for Ukraine.
The Mirror splashes on a picture of Manchester United player Cristiano Ronaldo after he was cautioned by police over footage which appeared to show him knocking a phone out a fan’s hand in April. It quotes Merseyside Police confirming a 37-year-old was interviewed over an allegation of assault and criminal damage.
Daily Star
The Daily Star accuses Foreign Secretary Liz Truss of hypocrisy following a recording of her, revealed by the Guardian, in which she said British workers needed “more graft”. The Star says the Tory party leadership contender “remains tight-lipped” about the 13 weeks of holiday our MPs are entitled to. Prime Minister Boris Johnson is also on holiday, it notes.
The Sun
“Gold Trafford” headlines the Sun as it reports on a bid to take over Manchester United. It says Ineos chemicals group chairman Sir Jim Ratcliffe wants to buy the club. Mr Ratcliffe – a fan of the club – is believed to be worth £11bn, the paper reports. It comes as the club sits at the bottom of the Premier League.

“Generation Covid faces university rejection” is the lead in the Times

With A-level results coming out this morning, it says that tens of thousands of teenagers are expected not to secure a place at their first choice of university even if they miss just one grade. 

This is partly because there is greater competition this year for fewer places. The paper suggests the leading Russell Group universities will offer a third of the courses through clearing that they did in 2019.

The surging cost of living is also on many front pages. 

“Britain has worst inflation in G7” is the Daily Telegraph’s lead, while the i newspaper warns “now brace for interest rate hike”. 

That theme is taken up by the Daily Express, which warns that homeowners with mortgages are likely to be hit by another 0.5% interest rate rise next month. 

The Guardian leads with a study by the University of York suggesting that two-thirds of UK households will be trapped in fuel poverty by January. The research estimates that 18 million families, some 45 million people, will be left struggling to make ends meet.

Thomas O'Halloran
The Met described the attack on Thomas O’Halloran in west London as an act of unprovoked violence

“What kind of monster kills an 87-year-old on a scooter?” asks the Daily Mail

It says the fatal stabbing of Thomas O’Halloran, who had been busking with his accordion in London to raise money for Ukraine, has led to “mounting anger”. In its leader, the Mail argues that Mr O’Halloran’s killing “shows how far the police have conceded control of the streets”.

The Daily Mirror is enraged by the releasing of raw sewage into rivers and the sea by several water companies as a result of this week’s torrential downpours. 

The firms say they had to ease pressure on sewers to stop homes and businesses being flooded. But in a comment piece, the Mirror blames weak regulation and corporate greed. It concludes: “Billions that could have been spent on new sewage systems were given to shareholders and executives”.

The widow of Lord Trimble – the former Ulster Unionist leader who helped broker the Good Friday Agreement – tells the Telegraph of her support for Liz Truss to be the next prime minister. 

Lady Trimble believes her late husband’s legacy of peace in Northern Ireland “will be safe” with Ms Truss, whom she suggests has the “best record and a viable plan” to protect the union.

Old Trafford
Manchester United has caught the eye of British billionaire Sir Jim Ratcliffe, majority shareholder of chemical group Ineos

“Gold Trafford” is the Sun’s lead. It reports that the British billionaire, Sir Jim Ratcliffe, is interested in buying Manchester United have “sparked joy among long-suffering supporters”. 

The same story is also on the back page, with the headline: “Rat can save sinking ship.”

Finally, the Financial Times reports that while most countries might welcome sobriety among their youth, Japan is encouraging them to drink more alcohol. 

The paper explains that the healthy lifestyle choices of Japanese youngsters are creating a problem in terms of less taxation revenue. 

A new government-backed campaign called “Sake viva!” is encouraging people aged between 20 and 39 to come up with ways to make drinking more appealing to their peers.

#AceNewsDesk report ………..Published: Aug.18: 2022:

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