BIG ISSUE NATIONAL VENDOR WEEK
LEARN MORE
Opinion

Trust is vital for the renaissance of news

News outlets need to offer readers honest and entertaining news stories to first grab the attention of readers and second, establish trust

Singer Beyonce performs on stage during her Mrs. Carter Show World Tour 2013, on Wednesday, May 29, 2013, at the Ericsson Globe in Stockholm, Sweden. Image: Yosra El-Essawy/Invision for Parkwood Entertainment/AP Images

If you think Beyoncé is great, think again. She has driven inflation to a new high in Sweden. The fiend. The core rate grew there 8.2% in May. And Nordic economists believe that much of it was down to demand for hotels pushing up prices when Beyoncé opened her Renaissance world tour over two nights in Stockholm at the start of May. It’s not clear whether that was driven by all the, ahem, single ladies. Or just others who were crazy in love with the icon. But it does put a new wrinkle on the reasons behind the volatility of advanced economies. 

Does this present a new solution for chancellor Jeremy Hunt? He is always hammering on about the stubbornness of UK inflation rates. So put the blockers on Harry Styles, Jeremy. Stop The Boss selling out stadia. Prevent Pink from rollicking around. Call last orders at whichever pub Jack Grealish is heading to. There you go. Problem solved. 

To paraphrase Spinal Tap, I’m joking, of course, Jeremy. YOU CAN’T PUT THE BLOCKERS ON HARRY STYLES! For the love of god, man.

I discovered how Beyoncé had been pulling the strings of advanced economies because it was on a news feed, from Bloomberg’s economic news.

It is both the sort of thing you expect to read and the sort of thing you don’t expect to read on Bloomberg economic news. I was hooked immediately. 

Reading it put me in a minority. According to a recent report from Reuters, only 43% of people in the UK are actively interested in the news. Around the world, according to this report, more than a third of people say they try to avoid the news. Which presents an issue for those who are in the business of reporting. It’s also a problem when there needs to be a challenge to fake news and false narratives that can catch fire around the world in an instant. Fake news can flow because the very platforms where it lives are those in which people feel more comfortable, the very platforms traditional older news providers are still having some issues navigating successfully. They stand on shifting sands. Still getting your news from Facebook? Move over, boomer. 

It also means that if people are shielding from some of the harsher stories, like the ongoing realities of the cost of living, it makes it trickier to hold those in positions of power who can do something about it to account. If they believe there aren’t votes in it, why would they focus.

The issue of trust is central. Can you trust where the information is coming from, can you trust that is working for you, or for society as a whole, rather than with either malign intent, or the quixotic notions of an ultra-wealthy owner? And will you be left feeling you are better in the world for knowing it?

With Big Issue, the answer to this is YES. Resoundingly. This will come as no surprise. Of course, I would say that. It’s because we don’t deal in gotcha journalism, or in loaded partisan games, or in a race to a bleak end. Wherever you meet Big Issue, on the street, online, or on social, we will offer a way ahead, a voice for those without a voice and different perspective into how you greet the world and new opportunities to make things better. It doesn’t mean sugar-coating, just a more honest way of being straightforward. And funny. Which means that there needs to be more space for Beyoncé bringing inflationary pressures, and related stories.

Paul McNamee is editor of the Big IssueRead more of his columns here. Follow him on Twitter

Do you have a story to tell or opinions to share about this? We want to hear from you. Get in touch and tell us more.

National Vendor Week 2024

A celebration of people who are working their way out of poverty.
Vendor martin Hawes

Recommended for you

View all
To the Salvation Army, I am now a porn purchaser – but it was a case of mistaken identity
Robin Ince

To the Salvation Army, I am now a porn purchaser – but it was a case of mistaken identity

We need to end the fossil fuel era to secure a liveable future – before it's too late. Here's how
Emission from coal power plant. I
Izzie McIntosh

We need to end the fossil fuel era to secure a liveable future – before it's too late. Here's how

Food banks dread the inevitable consequences of abandoning the household support fund
food bank/ household support fund
Sabine Goodwin

Food banks dread the inevitable consequences of abandoning the household support fund

I'm going to persuade the government to declare war on poverty. Here's how 
John Bird

I'm going to persuade the government to declare war on poverty. Here's how 

Most Popular

Read All
Renters pay their landlords' buy-to-let mortgages, so they should get a share of the profits
Renters: A mortgage lender's window advertising buy-to-let products
1.

Renters pay their landlords' buy-to-let mortgages, so they should get a share of the profits

Exclusive: Disabled people are 'set up to fail' by the DWP in target-driven disability benefits system, whistleblowers reveal
Pound coins on a piece of paper with disability living allowancve
2.

Exclusive: Disabled people are 'set up to fail' by the DWP in target-driven disability benefits system, whistleblowers reveal

Here's when UK households to start receiving last cost of living payments
next dwp cost of living payment 2023
3.

Here's when UK households to start receiving last cost of living payments

Strike dates 2023: From train drivers to NHS doctors, here are the dates to know
4.

Strike dates 2023: From train drivers to NHS doctors, here are the dates to know