A mixed bag of stories today with the losses at Lloyds featuring across many.The Telegraph reporting that it has warned that HBOS, the mortgage lender it took over last year, slumped to a loss of about £10bn last year as the recession hit all parts of its business.
The Times says that shares in Lloyds Banking Group fell 32 per cent to 61.4p yesterday and says taxpayers could have to spend billions bailing out the banks again
The Independent meanwhile thinks that the ghost of old Labour still haunts the governemnt as some ministers believe that the government should simplyh nationalise the banks
The Telegraph leads with the story that gold-plated final salary pensions for MPs could be scrapped, under plans put forward by Gordon Brown that has called for an investigation into how MPs’ retirements are funded because he fears they are becoming too expensive for the taxpayer.
The Indepedengt leads with the tragedy of the 9/11 widow.Beverly Eckert became a national heroine as leader of the 9/11 relatives. Yesterday it emerged she died in the Buffalo plane crash.The plane the paper says
dropped from the clouds amid icy conditions just seven miles short of Buffalo airport, killing all 49 people on board and one on the ground.
The Guarddina reports meanwhile that there was nearly a tragedy at London city airport yesterday evening as a BA jet carrying 67 passengers crash-landed after its nose wheel failed.The paper adds that
All passengers and five crew on board the flight from Amsterdam were evacuated safely while one person with minor injuries was taken to hospital.
The paper leads with news that,GlaxoSmithKline,the world's second biggest pharmaceutical company is to radically shift its attitude to providing cheap drugs to millions of people in the developing world.
There is much debate about yesterday's Sun story of the 13 year old father.The Express leads with the story that the shocking account of a 13-year-old boy fathering a child yesterday highlighted Britain’s shameful reputation as Europe’s capital for teenage pregnancies.
The Mail says that his teenage sister also became a parent when she was 13.
It leads thouigh with a different story under the headline,The Prince of hypocrites.The paper reports that Prince Charles was accused of hypocrisy last night for using a private jet on an 'environmental' tour of South America.adding
The prince will travel to the region next month in a visit costing an estimated £300,000 as part of his crusade against global warming.
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