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What the Papers SayBack

The Financial Times

Corbyn backs public ownership of industry

corbyn

Candidate draws scathing comments from rival for ‘Bennism reheated’

Job prospects grow as apprentices fill skills gap

Enthusiasm for training young recruits is a sign of labour market recovery

Job prospects are brightening for Britain’s young people as employers plan to hire more apprentices to deal with skills gaps in their workforce

HMRC eyes £19bn in underpayments

Almost £19bn of potential tax underpayments by large businesses are being scrutinised by Revenue & Customs, which considers cross-border transactions to be the biggest source of inaccuracies

The Times

Fracking revolution fired up by Whitehall

Britain is set to fire up a big expansion of the fracking industry, handing out dozens of new drilling licenses and fast-tracking planning applications despite intense public opposition to the practice.

Crude price leaves small companies over a barrel

The oil industry is heading for an autumn debt crisis as drillers struggle to refinance loans, amid growing expectations that crude prices are set to stay lower for longer.

Motoring innovators go full throttle for annual award

The annual Automotive Award for Innovation handed out by the Society of Motor Manufacturers and Traders has returned for its sixth year.

The Daily Telegraph

Business

SMEs frustrated at wait for bank referral scheme to get under way

Small firms are still waiting for the promised bank referral scheme, announced by the Government a year ago, that would force lenders to suggest alternate financing options to those refused credit.

The Daily Mail

New holiday car hire shambles!

Drivers go to all that trouble getting special code now that paper part of licence is axed….but firms don’t even bother to ask for it

Thousands of British drivers may be wasting their time jumping through needless bureaucratic hoops to hire a car for their summer holidays.

Diesel could drop to £1 a litre as fuel price war reignites

Diesel could fall to £1 a litre for the first time in six years this summer as Britain’s supermarket price war intensifies, experts claim.

£10k refund on parking fines

A council has been ordered to repay £10,000 of fines given to drivers whose parking tickets were face down, a tribunal ruled.

Posted by Lois Hardy on 10/08/2015