The lost generation is the Guardian's headline this morning as the paper reports that half the jobs lost over the past year were those of youngsters, pushing up the UK's youth joblessness rate to the highest in Europe.
the Tories attacked the government's record and urged it to do more to help the young find work, education or training.continues the report
The Express also leads with the news adding that
in more grim news for the economy, overall unemployment reached the highest level for 15 years. The jobless figure rose by 220,000 in the three months to last June, reaching a total of 2,435,000.
Whilst the FT reports that
The Bank of England delivered a more robust forecast for the UK economy over the rest of this year and into 2010, even as it warned that the recovery was likely to be “slow and protracted”.
According to the Independent
Record numbers of pupils set to get three grade-A passes at A-level next week have been turned away from Britain's most elite universities.adding that
Oxford and Cambridge experienced a large surge in applications for places, meaning that more than 12,000 students with three predicted top-grade passes have been left disappointed.
The Times leads with the news that the City watchdog was accused of giving banks a green light to continue paying multimillion-pound bonuses
The Financial Services Authority’s proposals on City pay embarrassed Gordon Brown, who had promised to sweep aside the bonus culture in the financial sector. Opposition politicians branded the FSA’s new proposals a capitulation. The Treasury also indicated that they did not go far enough.
The comments of Alan Duncan make the front pages.They just don't get it do they says the Mail reporting that the MP
was secretly filmed moaning about how MPs have been treated following the expenses scandal and claiming that no 'capable' person would want to enter Parliament when MPs are treated 'like s***'.
whilst the Telegraph says that his future as shadow leader of the House is now in the balance after some senior Tories privately expressed the hope that he would be sacked.
The red tops investigate last week's £40m jewellery robbery.The Sun reports that
the robbers carried out Britain's biggest jewellery heist straight after having stick-on prosthetics added to their faces.The pair hired an unsuspecting professional make-up artist who thought he was transforming them for a pop video.
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