Cryptic crossword clue
Paper coverage offered to recently inaugurated union members 8

The most common and most likely answer to this crossword clue is the 8 letter word CONFETTI

I've seen this crossword clue in Financial Times
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Buddy explains!

The straight part
We know that "Paper coverage offered to recently inaugurated union members" is the straight/definition part of the clue. The straight part is often a synonym or definition, in this case paper coverage offered to recently inaugurated union members = confetti.
The cryptic/wordplay part
In cryptic crossword there's often an wordplay/cryptic part as well.
This part involves a more complex hint, such as an anagram, homophone, hidden word, etc.
Sadly, We don't have an explanation for this specific crossword clue yet.

What does CONFETTI mean?

CONFETTI noun
  1. Small pieces or strips (streamers) of colored paper or other material (metal, plaster, etc) generally thrown about at festive occasions, especially at weddings and in victory celebrations.
  2. Edible Italian sugar-coated almonds, especially those which are used as part of a traditional Italian wedding.

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