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Newspaper headlines: NHS pay deal and 'Banks try to reassure investors' Newspaper headlines: NHS pay deal and 'Banks try to reassure investors'
(about 17 hours later)
Many of Friday's papers lead on a deal reached between union leaders and the government that would give NHS staff a 5% pay rise from April plus a one-off payment of at least £1,655 for this year. The Metro urges union members to back the agreement, saying it offers "hope a winter of damaging strikes could soon be over". The findings of a report on the culture of the Metropolitan Police are "horrible" and "atrocious" and show the force is "in the last chance saloon", according to the Guardian
More than a million NHS staff will get a pay rise as a result of the deal, according to the Times. The paper says the NHS has been asked to fund the deal but that the Treasury is expected to provide billions of pounds in extra cash. It says the extra money would mean "in effect rewriting this week's Budget".
The Express calls the deal a "victory for common sense and patients" and says it "must now be backed by union members".
Health unions have halted further strike action ahead of a ballot of their members on the deal, according to the Sun. The paper says Prime Minister Rishi Sunak has welcomed the pay agreement as "reasonable" but also reports that it is the government's "final offer".
The Mirror says one union has described the deal as "far from perfect" but also quotes Pat Cullen, the general secretary of the Royal College of Nursing, calling it "real, tangible progress". The paper adds that it has "sparked calls for other striking key workers to get proper pay rises".
Health Secretary Stephen Barclay has called on junior doctors, who aren't covered by the agreement, to end their own strikes and accept the same terms, the i reports. The paper adds that Chancellor Jeremy Hunt has said the deal could lead to a wider settlement on public sector pay.
The Telegraph leads with the announcement by shadow chancellor Rachel Reeves that a Labour government would reverse Jeremy Hunt's decision to scrap the £1m limit on tax-free pension savings as part of Wednesday's Budget. The paper says two million people would be affected by the move and that it means the government's drive to encourage people back into the workforce is "under threat".
Struggling banks on both sides of the Atlantic have scrambled to reassure investors following a flight of deposits sparked by the collapse of US bank SVB and concerns about the health of Swiss giant Credit Suisse, the Financial Times reports. The paper adds that Credit Suisse shares rose 19% - having earlier lost 30% - after it was confirmed that the Swiss central bank would provide a $54bn (£45bn) liquidity lifeline.
The Guardian says the Casey report into the culture of the Metropolitan Police, due to be published on Tuesday, will describe the force as "riddled with deep-seated racism, sexism and homophobia" and say it has "failed to change despite numerous reviews urging it to do so". The paper says one source with knowledge of the report's findings has said it will "make clear that Britain's biggest force is in the 'last chance saloon'".
Oxfam has come under fire after issuing a new 92-page guide on inclusive language to its staff, the Mail reports. The paper says the guide describes the word "headquarters" as "colonial", suggests "local" may be offensive and says the phrase "people who become pregnant" should be used instead of "expectant mothers". It quotes former justice secretary Robert Buckland calling the guide "totally bizarre" and questioning whether it is a good use of the charity's time and resources.
And the Star says that older people are being "out-napped by exhausted youngsters". The paper suggests half of Generation Z have at least one nap a day and 17% of under-24s need two.
Many of Friday's papers lead on a deal reached between union leaders and the government that would give NHS staff a 5% pay rise from April plus a one-off payment of at least £1,655 for this year.Many of Friday's papers lead on a deal reached between union leaders and the government that would give NHS staff a 5% pay rise from April plus a one-off payment of at least £1,655 for this year.
The i says the deal signals an "end to a wave of public sector strikes". The Daily Express hails the deal as a breakthrough for common sense and urges union members to back it, while the Metro says there is now hope a winter of industrial action may soon be over.The i says the deal signals an "end to a wave of public sector strikes". The Daily Express hails the deal as a breakthrough for common sense and urges union members to back it, while the Metro says there is now hope a winter of industrial action may soon be over.
The online Independent says leaked figures show this week's strike by junior doctors - who would not covered by the new pay deal - could cost the NHS more than £90m. It says the figure represents the cost of covering 25,000 shifts a day at a rate of between £158 and £262 an hour.The online Independent says leaked figures show this week's strike by junior doctors - who would not covered by the new pay deal - could cost the NHS more than £90m. It says the figure represents the cost of covering 25,000 shifts a day at a rate of between £158 and £262 an hour.
Sources with knowledge of the Casey report, which has been looking into the culture of the Metropolitan Police, have told the Guardian that its findings are "horrible" and "atrocious" and show the force is "in the last chance saloon". The paper has been told the report finds that Wayne Couzens, who murdered Sarah Everard, and David Carrick, another officer jailed for numerous rapes, were not one-offs, but symptoms of serious failings. The Met Commissioner, Sir Mark Rowley, has already promised to change the force. Scotland Yard has declined to comment until the report is published next week.Sources with knowledge of the Casey report, which has been looking into the culture of the Metropolitan Police, have told the Guardian that its findings are "horrible" and "atrocious" and show the force is "in the last chance saloon". The paper has been told the report finds that Wayne Couzens, who murdered Sarah Everard, and David Carrick, another officer jailed for numerous rapes, were not one-offs, but symptoms of serious failings. The Met Commissioner, Sir Mark Rowley, has already promised to change the force. Scotland Yard has declined to comment until the report is published next week.
The findings of a report on the culture of the Metropolitan Police are "horrible" and "atrocious" and show the force is "in the last chance saloon", according to the Guardian
The Times carries a YouGov poll that suggests only 6% of people think the Budget delivered on Wednesday will make them better off, while more than half think their financial situation will get worse this year. The paper says scrapping the lifetime allowance for pensions is seen by 37% as good and by an equal number as the wrong priority. The Daily Telegraph says Labour's pledge to reinstate the pension cap would throw the financial industry into turmoil.The Times carries a YouGov poll that suggests only 6% of people think the Budget delivered on Wednesday will make them better off, while more than half think their financial situation will get worse this year. The paper says scrapping the lifetime allowance for pensions is seen by 37% as good and by an equal number as the wrong priority. The Daily Telegraph says Labour's pledge to reinstate the pension cap would throw the financial industry into turmoil.
The Financial Times says struggling banks on both sides of the Atlantic are racing to reassure clients that they can withstand problems. The paper says there has been a "global rout" in stocks. "Don't be fooled, the collapse of Silicon Valley Bank is just the start," warns Times columnist Gerard Baker. He says that, along with death and taxes, the only other certainty is a regular financial crisis, and that "these things are rarely over when the government wants us to believe they are".The Financial Times says struggling banks on both sides of the Atlantic are racing to reassure clients that they can withstand problems. The paper says there has been a "global rout" in stocks. "Don't be fooled, the collapse of Silicon Valley Bank is just the start," warns Times columnist Gerard Baker. He says that, along with death and taxes, the only other certainty is a regular financial crisis, and that "these things are rarely over when the government wants us to believe they are".
The Times says there is speculation about a boycott of the BBC Proms over the abolition of the Singers, the UK's only professional chamber choirThe Times says there is speculation about a boycott of the BBC Proms over the abolition of the Singers, the UK's only professional chamber choir
The Daily Mail declares that Oxfam's new guide for its staff on inclusive language is "bizarre". It says the 92-page document advises against using the word "mother" and warns that "headquarters" could be seen as a "colonial" phrase. The paper calls it "the guidance that'll leave you thinking satire is dead". In a statement, Oxfam says the guide is not prescriptive, but is designed to help people communicate in a way that is respectful.The Daily Mail declares that Oxfam's new guide for its staff on inclusive language is "bizarre". It says the 92-page document advises against using the word "mother" and warns that "headquarters" could be seen as a "colonial" phrase. The paper calls it "the guidance that'll leave you thinking satire is dead". In a statement, Oxfam says the guide is not prescriptive, but is designed to help people communicate in a way that is respectful.
The Times says the BBC has been warned that the abolition of the UK's only professional chamber choir, the Singers, puts Britain's "peerless choral tradition at risk". A letter to the paper expressing "utter dismay" about the decision has been signed by a number of music industry professionals, who say the cuts are a "false economy". The paper says there is speculation that protests about the plan could lead to a boycott of the Proms.The Times says the BBC has been warned that the abolition of the UK's only professional chamber choir, the Singers, puts Britain's "peerless choral tradition at risk". A letter to the paper expressing "utter dismay" about the decision has been signed by a number of music industry professionals, who say the cuts are a "false economy". The paper says there is speculation that protests about the plan could lead to a boycott of the Proms.
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