Morning Call: pick of the papers
The ten must-read comment pieces from this morning's papers.
1. Our response to the pensions challenge is still locked in its infancy (Daily Telegraph)
Ed Balls has won praise for addressing Britain’s old age problem, but he must go further, says Mary Riddell.
2. Labour’s great surrender on public spending (Times)
By accepting Osborne’s spending plans it’s clear that all the main parties will have to make dramatic cuts, writes Daniel Finkelstein.
3. The overstated inflation danger (Financial Times)
A high rate may be a risk in the very long run – but right now the risk is that it may be too low, writes Martin Wolf.
4. To combat tax avoidance, tough talk is not enough (Guardian)
David Cameron must deliver a concrete plan of action at the G8 summit, says Margaret Hodge. It's a crucial test of his leadership.
5. Erdogan’s focus should be his own party (Financial Times)
The real action will now take place in the Turkish prime minister’s AKP, writes David Gardner.
6. NSA surveillance: The US is behaving like China (Guardian)
Both governments think they are doing what is best for the state and people, says Ai Weiwei. But, as I know, such abuse of power can ruin lives.
7. Thames Water avoiding tax is the final insult (Daily Mail)
These firms have exploited Britain’s soft-touch regulation, and the fear of successive governments of intervening to protect consumers, writes Alex Brummer.
8. Once again, the nationalists decide independence is all about sharing (Daily Telegraph)
Picking and choosing on pensions shows the SNP's determination to pretend breaking up Britain would be pain free, says Alan Cochrane.
9. Time for a rethink on GM crops (Independent)
The dire prophecies of Frankenstein foods have not come to pass, says an Independent editorial.
Social breakdown drives much of the growth in spending, writes Ruth Porter.