The Telegraph leads with news that HM Revenue and Customs have failed to collect more than £25 billion in “unresolved tax bills” from major firms, the equivalent of £1,000 for every British family.
The paper reminds us that the revenue has recently sought to raise hundreds of millions of pounds in extra revenues by cracking down on tax avoidance by workers. Penalties for those submitting self-assessment tax forms late are being increased and professional workers are being aggressively targeted by tax inspectors.
The Mail also lead with the same topic as it adds that in a withering attack, the Public Accounts Committee accuses HM Revenue and Customs of having a ‘far too cosy’ relationship with big firms, which are repeatedly allowed to cut their tax bills or avoid paying interest.
The death of the North Korean leader is covered in most of the papers. The Times leads with the story reporting that the world’s only communist dynasty closed its doors on the world last night, retreating into ten days of national mourning for North Korea’s dictator.
They howled and whimpered and scrubbed raw eyes with fists. They flailed their arms in grief and marched in their thousands to the capital's landmarks says the Guardian
A dictator who brutalised his people, destabilised the world, and then left it all to his son says the Independent
It leads with some rather worrying news.According to the paper,a deadly strain of bird flu with the potential to infect and kill millions of people has been created in a laboratory by European scientists.
Dutch scientists carried out the controversial research to discover how easy it was to genetically mutate H5N1 into a highly infectious "airborne" strain of human flu
The Guardian believes that an end is in sight to the public sector strikes reporting that Unison says it has signed a 'heads of agreement' with NHS employers and government over reforms to health pensions Europe continues to dominate the stories.
The Telegraph says that a group of leading businessmen will warn today that more than 3m British jobs will be put at risk unless Britain remains at the heart of Europe.
Meanwhile the Guardian reports the comments of ECB chief Mario Draghi who warned yesterday that the eurozone debt crisis is set to spread and deepen next year on the day that Britain refused to contribute to the latest (IMF) bailout fund for distressed states.
The Express reports that in an extraordinary surrender the German foreign minister begged Britain not to turn its back on the EU.
According to the Mail,Guido Westerwelle, the German foreign minister, used a visit to London to extend an olive branch, lavishing praise on the UK as an ‘indispensable partner’ and promising a ‘hands-off’ approach to our financial services industry.
The Times reports leading British companies, including British Telecom, British Gas, Tesco and easyJet, are indirectly subsidising the UK’s multimillion-pound network of websites which allow people to illegally download films and television programmes. The paper says that The Federation Against Copyright Theft has highlighted the problem after finding dozens of “blue-chip” companies whose brand names and adverts appeared on the websites.
To the redtops and the Sun reports that Imogen Thomas's family told the paper last night of their horror at death threats they received over her affair with Ryan Giggs.
The model's sister and brother-in-law Alana and Enrique Diaz had to go into hiding after their two-year-old son was the target of sick online taunts.And more football on the front of the Mirror which reveals how Wayne and Coleen Rooney hope to rub shoulders in winners’ enclosures with horse-racing’s royalty by spending part of their fortune on two racehorses as Christmas treats.
Elsewhere as Prince William and his wife Kate rubbed shoulders with a host of famous faces at an awards event to honour British troops,the Telegraph reports that Senior military figures have accused David Cameron of breaking Military Covenant by effectively cutting pay of the Armed Forces.
The Independent warns of a foster care crisis.Figures published today by the Fostering Network show at least 8,750 new foster families will be required by struggling fostering services across the UK in 2012 reports the paper