The Times leads with the story that
Passengers face years of overcrowded trains and dilapidated rolling stock as plans to expand and upgrade the network are cancelled or put on hold.
A series of big projects are in grave doubt after the collapse of the highest-earning franchise exposed a deepening hole in the rail budget.
A similar theme in the Guardian which reports that
A leaked industry memo seen by the Guardian warned of "looming spending cuts" on major transport projects after Department for Transport officials described the consequences of restoring order to public finances. There are now fears that major schemes could be delayed, reduced or scrapped in an expenditure freeze
Meanwhile the Telegraph looks at another consequence of spending cutbacks as it says that
Student grants and loans will be frozen next year, while tuition fees rise, sparking warnings of financial misery for thousands of undergraduates.adding that
The announcement was described as a "kick in the teeth" for the record number of young people applying to university because of the dire state of the job market.
An utter lack of remorse last night condemned Great Train Robber Ronnie Biggs to an almost certain death behind bars.reports the Mail
Jack Straw ruled that - despite the Parole Board saying the frail 79-year-old was safe to be released - he must stay in jail.
The Sun continues to probe the leagcy of Miohael Jackson,as it reports that
MICHAEL Jackson's 500million-dollar will names Supremes singing legend Diana Ross as his children's potential guardian, it was revealed yesterday.
The will leaves his ex-wife Debbie Rowe - mother of two of the children
Finally the Independent reports that
Scientists have discovered a remarkable similarity between the genetic faults behind both schizophrenia and manic depression in a breakthrough that is expected to open the way to new treatments for two of the most common mental illnesses, affecting millions of people.