Possible crashes in the property market,cuts at the beeb,Europe and a football disaster in Moscow dominate the papers this morning.

Both the Telegraph and the Times lead with dire predictions for the property market

UK house market is ‘heading for crash’ says the Times

The property boom of the past ten years has left the British housing market in danger of following the slump in American house prices, the International Monetary Fund said yesterday.
In a bleak warning, the IMF found that homes in Britain were overpriced by up to 40 per cent — far more than the overpricing in the US before the current property slump began there. The finding will fuel fears over housing market prospects after growing evidence recently that prices have already begun to fall in some parts of Britain.

IMF raises spectre of UK house price correction says the Telegraph

House prices in the UK have risen by up to 50 per cent more than they should have done over the past decade, leaving them dramatically overvalued, according to the International Monetary Fund’s calculations.
As a result, falling house prices are now a major threat for the UK’s economy, the IMF said.
The IMF’s warning, in its twice-yearly report on the state of the global economy, is its most stark ever on the state of the UK’s housing market and will trigger significant alarm among homeowners already concerned by signs of a slowdown

Chancellor predicts housing slowdown says the Mail

In an exclusive interview with the Daily Mail, Alistair Darling said banks and building societies must be more responsible with their lending.
Predicting a 'slowdown' in the property market, he urged them to be more cautious about how much they lend and take more account of whether the borrower is able to pay back the loan.

It though is concerned about the cuts at the BBC

BBC TO SCREEN MORE REPEATS says its front page

The BBC is to inflict more repeats on viewers after deciding to make 10 per cent fewer programmes to save money.
The reduction is part of a series of savage cuts - including the axeing of 2,500 jobs - rubber-stamped by BBC bosses yesterday.
Unions fear BBC staff could stage wildcat strikes when they are officially told about the cuts today.
The tension was heightened after union officials claimed letters asking for volunteers for redundancy had already been printed.

The Mirror also leads with the same story

STRICTLY STINKING-BBC TOP SHOWS FACE BLACKOUT OVER CUTS

Top BBC shows including Strictly Come Dancing and EastEnders were last night facing a blackout as angry workers prepared to strike.
Union bosses said a mass walkout was "inevitable" after it was revealed BBC Director General Mark Thompson plans to axe 2,800 jobs to solve a £2billion cash crisis.

Day of reckoning for BBC: thousands of jobs axed and Television Centre to be sold reports the Guardian

The BBC Trust yesterday unanimously approved plans to cut thousands of jobs, sell off its west London headquarters and reduce the number of programmes it makes by a tenth.
The radical overhaul immediately sparked a furious backlash from staff likely to strike within weeks, with feelings running particularly high in the news and factual divisions where job losses will run into four figures.
Chairman Sir Michael Lyons said he was satisfied the package put forward by the director general, Mark Thompson, during a four-hour meeting would "safeguard the core values of the BBC at a time of radical change in technology, markets and audience expectations".

It leads though with

Lawyers take MoD to court over Iraqi mutilation claims

The Ministry of Defence will come under fresh pressure tomorrow to launch an independent inquiry into allegations of abuse of Iraqis by British soldiers after a fierce gun battle with insurgents three years ago.
Papers to be handed to the high court include witness statements, death certificates and a video taken by relatives of dead Iraqis showing bodies being taken to a hospital in Amara and bodybags being opened.

The Independent and the Telegraph take opposing views on europe on their front pages

BROWN MUST BE BRAVE AND GIVE THE PEOPLE A SAY ON THE EU TREATY says the Telegragh

The Prime Minister is ready to defy the British people by refusing them a vote on the EU Reform Treaty despite a new poll for The Daily Telegraph showing almost seven out of ten want a referendum.

The Indy meanwhile has the European flag on its front page with the headlines

10 MYTHS ABOUT THE EUROPEAN TREATY


Gordon Brown is set to fly out for the great European Union cave in says the Mail

Gordon Brown is today poised to sign Britain up to the revived EU constitution, dismissing claims from David Cameron that if he breaks his pledge to hold a referendum "no one will trust him on anything else".
The Prime Minister is flying to Lisbon ready to accept the controversial new blueprint despite mounting protests at home.

The Sun claims that

BRITAIN will be forced to surrender its oil stocks to the EU under the new treaty – costing taxpayers £6BILLION.
European Commission chiefs will be able to order the UK to increase its oil reserves in case of emergencies in OTHER nations.
It would mean Britain would have to hand over stocks to EU states suffering an energy crisis.


The Guardian reports that

Quarter of trusts failing on hygiene,

In a wide-ranging review of 394 NHS organisations, it found 111 trusts where patients were not adequately protected from infections, including the killer bugs MRSA and Clostridium difficile.
Most trusts admitted the failings, but inspectors identified 12 where senior managers signed a declaration saying they were complying with national standards on infection control. They were later discovered to have breached the rules.
Shortcomings among the trusts included failure to keep wards clean and handle medicines safely, and to decontaminate reusable medical equipment.

The Times reports the comments of Sir Richard Dannet

Our soldiers need better preparation for life after death, says army chief

Death is not the end and soldiers need to be spiritually better prepared for war, according to the head of the British Army.
General Sir Richard Dannatt, Chief of the General Staff, said that Christian leaders and chaplains in the Army needed to equip soldiers for the spiritual issues at stake.
“In my business, asking people to risk their lives is part of the job, but doing so without giving them the chance to understand that there is a life after death is something of a betrayal,” he said.
Sir Richard, who has been outspoken with his view that the presence of British troops in Iraq exacerbates the country’s security problems, made his latest controversial comments at an evangelical Christian conference in Swanwick, Derbyshire.


George Bush warns Putin over 'World War III' reports the Telegraph

President George W Bush has raised the spectre of "World War Three" breaking out if Iran was allowed to acquire nuclear weapons.Mr Bush was speaking hours after Vladimir Putin, the Russian president, proposed an end to the crisis over Iran's nuclear programme at a meeting with his Iranian counterpart in Teheran.
Mr Bush said: "We've got a leader in Iran who has announced that he wants to destroy Israel.

Bomb threats and family feuds as Bhutto prepares for her Pakistan homecoming says the Guardian

Last night a boisterous mood gripped Karachi, a sprawling metropolis of 16 million people, as supporters flooded in from around the country. Giant Bhutto posters hung from street corners and young men on motorcycles zipped through traffic in the city centre, yelling and waving Bhutto flags. Party officials predict a crowd of 1 million people to greet Ms Bhutto off a commercial flight at 1pm (9am BST) today; at least 100,000 looked likely.

The Independent reports that


Turkey opens a new front

Turkey's parliament has overwhelmingly approved a cross-border attack into northern Iraq in pursuit of Kurdish guerrillas – which would open another front in the war in Iraq.
The parliament in Ankara voted 507 to 19 in favour of ordering the army to launch an offensive across Turkey's south-eastern border in search of 3,500 PKK Turkish-Kurd rebels hiding in the mountains of Iraqi Kurdistan.


Aid halted after UN food chief kidnapped reports the Times

The United Nations halted food distribution in the Somali capital of Mogadishu yesterday after armed forces detained the head of the World Food Programme (WFP) in the war-ravaged city.
Witnesses said that about 60 armed men had stormed the UN compound in the south of the city and marched Idris Osman away at gunpoint. “Mr Osman is being held near the presidential palace. WFP has not received any explanation for this action, which violates international law,” it said.

The football teams defeat in Moscow yesterday makes the front page of the Sun

KICK HIM INTO TOUCH says the paper

ENGLAND’S pampered footie stars snatched defeat from the jaws of victory yesterday – and let down the nation yet again. adding that

Angry supporters called for McClaren to get the boot.
Paul Peters, 23, from Altrincham, Cheshire, said as he left the match: “It’s clear that the manager has failed to instil the fighting spirit in his players that’s served our rugby team so well. It’s time for him to go.”


Meanwhile the front of the Mirror says

MOSCOW MULES

England's Euro 2008 hopes are hanging by a thread - after we blew a glorious chance to clinch qualification in Moscow last night.
Steve McClaren's men were cruising to a win after a Wayne Rooney wonder strike.
But two goals in four kamikaze second-half minutes handed Russia a 2-1 win - and left the Three Lions needing a miracle to get through.


OH NO,LETS HOPE JONNY CAN DO BETTER says the Times

The Mail reports that

Half of state secondary schools fail to provide children with a good education, says Ofsted

As many as 1.6million youngsters are taught in schools where teaching and discipline is not up to the standard parents expect.
With four in ten primaries also judged either failing or coasting, the number of pupils receiving a substandard education is more than three million. Critics said this was barely an improvement on last year

Stark link between poverty and failure in school is highlighted by Ofsted chief says the Times

More than 200,000 young people aged 16 to 18 have virtually no hope of getting a foot in the door to the world of work after leaving school with no qualifications, the Chief Inspector of Schools said yesterday.
Christine Gilbert, head of Ofsted, said the fate of these young people, known as Neets (not in education, employment or training), highlighted the enormous challenge facing society in closing the gap in educational attainment between rich and poor.

Rich more neighbourly than poor, says study says the Guardian

Poor families feel much less able than richer ones to depend on the kindness of their neighbours, and have far more negative views of their neighbourhood in general, according to research published today.
The report, by the Family and Parenting Institute (FPI), based on the views of more than 2,100 parents in England, challenges the notion that neighbourliness and mutual support characterise poorer communities.

GET TO THE RITZ FAST... DIANA IS ANNOUNCING THAT SHE IS PREGNANT says the Express

PAPARAZZI photographers had been told to expect Princess Diana and Dodi Fayed to announce their engagement or a pregnancy on the night they died, their inquest heard yesterday.
The paparazzi who gathered outside the Ritz Hotel in Paris, where the couple spent their last few hours before embarking on a doomed journey into the Alma tunnel, had been warned to expect an imminent announcement, a witness said.


The paper continues to lead with Maddy

Police trying to make Kate crack is its front page headline

POLICE last night relentlessly piled up the pressure on the mother of missing Madeleine McCann.
The new officer in charge of the investigation put Kate McCann at the centre of two dramatic developments.
He was granted permission by a judge to seize her diary and announced that she will be subjected to a minute-by-minute reconstruction of the night Madeleine disappeared


The Mail carries

The Maddie Files: Five experts explain how the police missed vital chances to find her - or her body

It is 168 days since Madeleine McCann vanished, and the fog of conflicting conspiracy theories continues to grow.
Only one fact remains undisputed: the alarm was raised by Kate McCann just after 10pm on May 3. Beyond that, it is impossible to tell fact from fiction.

Booker winner writes of dislike for McCanns says the Telegraph

Booker prize winner Anne Enright has launched an astonishing attack on Kate and Gerry McCann, describing in detail why she does not like the couple.Writing before she won this week's prize, she said: "Disliking the McCanns is an international sport.
"I disliked the McCanns earlier than most people (I'm not proud of it). I thought I was angry with them for leaving their children alone.

Finally the Sun reports on

THE PARROT WITH A GLOUCESTERSHIRE ACCENT

A rugby-mad parrot called Severiano Ballesteros has learned to chant for his favourite team - and does it with a Gloucester accent.
The three-year-old African Grey Parrot chants ''Gloucester, Gloucester'' in a West Country drawl whenever he sees his team play on television.
Owners Taffy Howell, 59, and wife Jean, 50, both keen rugby fans, were stunned when 'Seve' began parroting their team's chants.