Once again the headlines were dominated by the News International scandal. First Rebekah Brooks, former News of the World editor and CEO of News International stood down from her post as the chief executive and then earlier today she was arrested, over the phone hacking scandal.
We could be forgiven for believing there was no other news worthy of headlines for the way in which this story has dominated both print and broadcast coverage.
One point worth mentioning is how Ed Miliband seemed to capture the mood of the nation so effectively. During Prime Ministers Questions earlier in the week he used sound bites to great effect, telling the PM ‘he just doesn’t get it’ and calling upon him to apologise for what Miliband labelled ‘a serious error of judgement’. You can watch Michael White’s Guardian podcast here for full analysis.
To confirm this, today’s Sunday Mirror carries a poll by polling firm ComRes which states Miliband has received a ‘big bounce’ following the scandal. You can read the analysis of the ComRes poll here.
Perhaps now Murdoch’s media empire has been shaken we can once again have a proper debate about media plurality. Indeed the Independent raised such a point in its leading article: ‘Our democracy is stronger for the dropping of BSkyB bid: We now know that the integrity of our public institutions is not for sale to the highest bidder’. You can read the article in full here.
Media plurality and the demise of the Murdoch empire will, I’m sure be a big moment in British history, but there was other news. Greece is dangerously close to defaulting on its debts and if it does so the consequences threaten to spread far across Europe and will be a complete disaster for the euro.
An article in last week’s Guardian claims that the euro is run according to Germany’s monetary interests and in order for the euro to survive Germany must reconsider its position. If European monetary policy is run according to German interests, the article states, then huge structural imbalances will accumulate. It goes on to argue that Germany will then either have to pay to correct those imbalances, or agree that the euro should not be run primarily according to German interests. If they are unwilling to do either of those things, the euro can’t survive. You can read the full article here.
I was also saddened to learn that there has been a dramatic rise in the number of older workers who are staying in employment simply because they can’t afford to retire.
The report by the TUC shows a significant increase in the number of over-50s and people over the retirement age in work over the past two decades.
Brendan Barber the TUC general secretary was right when he said ‘the increasing number of over 65s in work shows that older workers are highly valued and that the government is absolutely right to scrap the default retirement age.
‘But there is a darker side to people to working beyond their retirement. Low wages and poor pension provision, particularly in the private sector, mean that many people simply cannot afford to retire at 65.’ You can read the article in full here.