On Friday 19th August, the Daily Express ran the headline ‘Pensions crisis as shares collapse’ on the front cover.
This headline followed a sharp drop in global stockmarkets and the article went on to explain how billions of pounds had to wiped off the value of pension funds in a single day.
Where are the positive headlines when stock markets recover?
The FTSE 100 has finished up 125.87 points today that is around about 2.4%. It also closed up yesterday by around 2%.
Now call me a cynic but when the FTSE 100 finishes down the mainstream media will be almost salivating in their endeavours to tell the Great British public that so many billions of pounds have been wiped off the value of their pension funds.
If I were a gambling man (which I am not) my money will be that on news this evening they do not tell us how many billions have been added to the value of our pension funds so far this week. Another example of emphasis on the negative I am afraid.
Still for the TV newsreader and national press editor there really is no such thing as good news.
