The Guardian leads with the news that the Chancellor is to embark on a £5bn gamble.The paper says that the capital investment, funded by spending cuts elsewhere, will form the centrepiece of an overall £30bn national infrastructure programme due to be announced by George Osborne on Tuesday.
The Independent adds that it also emerged yesterday that the Government would underwrite loans of up to £40bn to small businesses and that it would increase the levy on the banks' balance sheets.
Meanwhile the Telegraph claims that the International Monetary Fund is being lined up to help Italy and Spain with a €600 billion scheme,amid growing fears that a European rescue scheme will not be able to prop up the countries
Pictures of the Welsh manager dominate all the front pages.
To regular viewers who tuned into the BBC’s Football Focus on Saturday there was nothing obviously wrong with the young international manager lauded for reversing his team’s ailing fortunes. But hours later, Gary Speed committed suicide in the garage of his £2 million home.says the Times
His family,says the Sun, were last night struggling to come to terms with his death — as those who played alongside him paid heart-felt tributes.
The news of his death,says the Telegraph,is as stunning as it is incomprehensible. Here was a young man, personable, polite, intelligent and with such great prospects, driven to take his own life.
The Mail leads with this week's public sector strikes.Nothing will stop us from striking says its headline reporting that Union leaders have declared there is nothing the Government can do to avert the biggest strikes in a generation this week.
The Telegraph's main story looks at the NHS where, it says,patients admitted for emergency treatment at weekends are almost 10 per cent more likely to die than during the rest of the week, according to a new report.
The Times reveals that ministers have been forced to spend millions of pounds hiring more than 80 new judges to tackle a costly backlog of welfare claimants appealing against the loss of their benefits.
The bottleneck,says the paper,threatens the Government’s pledge to reduce the welfare bill because thousands of claimants continue to receive their payments until a ruling is made on whether the removal of their benefits was fair.
To matters abroad and the Independent reports that voters across Egypt were due to go to the polls today for the first democratic elections in over half a century.The voting though says the paper is overshadowed by a political stand-off which could yet derail the country's emergence from decades of dictatorship.
The Guardian adds that the head of the country's armed forces,Marshal Mohamed Tantawi, tells 'meddling troublemakers' not to interfere with the polling.
Finally the Times reports that Dame Vivienne Westwood is donating £1 million to fight climate change.
Dame Vivienne told the paper that she had decided to donate money after learning that only a tiny fraction of the $6.5 billion (£4.2 billion) committed to the World Bank’s Climate Investments Funds had been spent.
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