Friday 28 May 2010

Today's other newslinks

Cameron to focus on economy in first major speech as PM

CAMERON LOOKING UP "David Cameron will outline plans to "transform" the economy in his first major speech as prime minister. Mr Cameron, who will speak at an event in Yorkshire, will claim the economy has been heading in the wrong direction under Labour for years. He will also talk of rebalancing the economy in favour of manufacturing, business and the private sector." - BBC

"Mr Cameron will say that his Government’s priority is to transform the economy, starting with action to tackle the £156 billion deficit. He will signal cuts to business tax and red tape, and the creation of a simpler tax system." - Times

Cameron admits efficiencies fell short but defends coalition's £6.2bn spending cuts - Daily Mail

City AM and Telegraph launch campaigns against Coalition plans on Capital Gains Tax

Capital gains tax rise to punish prudent savers - Telegraph

Bringing together senior business leaders, City AM launches a campaign against higher CGT.

"Vince Cable, the Lib Dem business secretary, urged Mr Cameron not to yield to pressure from Tory backbenchers, arguing that CGT reform was essential in the interests of “fairness”." - FT

Times and Sun welcome IDS' welfare reforms

DUNCAN SMITH DP "Mr Duncan Smith has spent six years at the Centre for Social Justice exploring the links between welfare dependency and social breakdown. Few politicians know more about poverty and its causes. Above all, he understands that welfare must be reformed at a philosophical level: it should be remedial, not merely ameliorative. The Government must have the courage and tenacity to follow through his thinking and his proposals." - Times leader

"Mr Duncan Smith aims to replace Labour's complicated rules with a single welfare-to-work programme. We also need tax changes so work pays. Today, someone looking at a £15,000 job is better off on the dole: which is why 670,000 households are on benefit of at least £15,600 a year. Tackling welfarism will be hard with high unemployment. But no one can say Mr Duncan Smith lacks courage or vision." - The Sun Says

The FT's leader-writers are sceptical about Iain Duncan Smith's reforms.

Gove's claim to be 'freeing' schools is a cloak for more control from the centre - Simon Jenkins in The Guardian

David Cameron 'facing English backlash over Scottish spending' - Telegraph

"According to the IPPR, Northern Ireland gets £6,120 in public spending per head of population compared to £4,827 in England, £5,506 in Wales and £6,016 in Scotland. Its calculation, which does not include social security spending, puts the province 26.7% ahead of the English level. The UK average was £4,997 per head of population." - Belfast Telegraph

Tory Right is not really so fearsome - Frederick Forsyth in The Express

Ed Miliband to call for large rise in minimum wage - Times

And finally... the Camerons move into Downing Street as a family

"David Cameron has moved into Number 10 Downing Street with his wife Samantha and family, more than two weeks after he became Prime Minister. After enjoying a "last breakfast" on Thursday morning at his west London home, the family started moving boxes, furniture and belongings into vans." - ITN