
The Guardian sums up what was another bad day for the government on what it calls Gordon's black day after the paper says
he was forced personally to sanction the removal of one of his closest banking allies as a City regulator, unemployment climbed to two million and the Bank of England warned that the economy will have shrunk by a chilling 4% by the summer.
The Telegraph leads with the comments of Mervyn King who said Britain would face its deepest and most painful economic slide in the post-war era, as he unveiled a stark assessment of the nation’s fate this year.
The Independent reports that the Employment minister Tony McNulty has admitted that he could not survive on the basic unemployment benefit paid to people made redundant. As dole queues surged to a 10-year high of 1.97 million, he acknowledged that it was "very, very difficult" to exist on jobseekers' allowance
Good news on the economic front from the US as congressional leaders today agreed to a $789bn (£548.3bn) fiscal stimulus package aimed at creating millions of jobs, staving off further economic misery and initiating a broad programme of green energy development and infrastructure renewal sought by President Barack Obama says the Guardian
The Times reports that The UK’s official statistician,Karen Dunnell, weighed into the debate about foreign workers yesterday by highlighting the growing numbers of immigrants getting jobs while the British workforce declines.
A familiar theme in the Mail which reports how a diplomatic row threatened to escalate into a religious and racial confrontation last night, after Jacqui Smith banned an extremist Dutch politician from entering Britain.
It leads though with a stealth tax on heating as the paper reports that millions of families face yet another hike in heating bills to pay for a massive expansion of green energy.Ministers say that the money raised will subsidise solar panels, wind turbines and wood-burning boilers for hundreds of thousands of homes.
The Mirror reports that Prince Harry is to be sent on an army racial awareness course.Top brass have ordered the 24-year-old to attend an equality and diversity course in an effort to drive home to him just how offensive and damaging his insensitive remarks are.
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