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Pensions 'boost' and 50p fallout - the papers Pensions 'boost' and 50p fallout - the papers
(35 minutes later)
There's no let-up in the reaction - most of it apparently unhappy - to Labour's plan to reinstate the 50p top rate of tax in Monday's papers.There's no let-up in the reaction - most of it apparently unhappy - to Labour's plan to reinstate the 50p top rate of tax in Monday's papers.
The Financial Times and Daily Telegraph both say the business community is warning it could have a seriously detrimental effect on investment in the UK.The Financial Times and Daily Telegraph both say the business community is warning it could have a seriously detrimental effect on investment in the UK.
Elsewhere, a "pensions revolution" - set to be outlined by the government - is covered in the Daily Mail and the Times. Both say the plans could boost people's contributions, but the latter sounds a somewhat louder note of caution about the possible risks involved.Elsewhere, a "pensions revolution" - set to be outlined by the government - is covered in the Daily Mail and the Times. Both say the plans could boost people's contributions, but the latter sounds a somewhat louder note of caution about the possible risks involved.
The Metro, meanwhile, says it has got wind of a World Cup ticket fraud which could see England fans paying far over the odds to see games in Brazil.The Metro, meanwhile, says it has got wind of a World Cup ticket fraud which could see England fans paying far over the odds to see games in Brazil.
Ros Altmann, pensions expert - discussing the papers for the BBC News Channel - said the Independent's story about a "brain drain" from the UK's regions to London comes as no surprise.
"We've got a real boom down in the south and it's sucking people in," she said. "If people who don't live down here haven't got a job... they're going to have a much better chance by moving here."
Mihir Bose, from the London Evening Standard, said the story "emphasises what we've known for a long time - that London is the big centre of our country", and "the recession we've had has further accelerated that".
He added: "I can't see a process by which the other centres can develop. We're not, I don't think, going to become France or Italy, let alone the United States, where you have four or five big cities."