The papers themselves make the headlines this morning,or at least two of them

The Express and the Star apologise to the McCann's for what it believed to be over 100 articles that accussed the couple of being involved in the disapperance of their daughter.

The Express says

The Daily Express today takes the unprecedented step of making a front-page apology to Kate and Gerry McCann.
We do so because we accept that a number of articles in the newspaper have suggested that the couple caused the death of their missing daughter Madeleine and then covered it up.
We acknowledge that there is no evidence whatsoever to support this theory and that Kate and Gerry are completely innocent of any involvement in their daughter's disappearance.
We trust that the suspicion that has clouded their lives for many months will soon be lifted.
As an expression of its regret, the Daily Express has now paid a very substantial sum into the Madeleine Fund and we promise to do all in our power to help efforts to find her.
Kate and Gerry, we are truly sorry to have added to your distress.
We assure you that we hope Madeleine will one day be found alive and well and will be restored to her loving family.

The Star says

The Daily Star today makes a wholehearted apology to Kate and Gerry McCann for stories suggesting the couple were responsible for, or may be responsible for, the death of their daughter Madeleine and for covering it up.
We now recognise that such a suggestion is absolutely untrue and that Kate and Gerry are completely innocent of any involvement in their daughter's disappearance.

The Tabloids launch into Heather Mills this morning after the divorce court ruling is published.

The Sun call her

Pornocchio

HEATHER Mills tried to CON husband Sir Paul McCartney out of almost half a million pounds months before they split, it was sensationally revealed yesterday.
The ex-porn model also went on a wild 15-month spending spree in the run-up to their divorce case — blowing £3,715,683 so she could claim THAT was how much she needed to live on.
Lady Mucca’s greed was dramatically laid bare yesterday after she lost a battle to prevent publication of the judge’s ruling in the couple’s divorce case — which effectively branded her a liar

Lady Liar says the Mirror

Heather Mills was yesterday branded a fantasist liar living in a world of make believe as the truth behind Britain's most poisonous celebrity divorce was laid bare.
In a damning 58-page judgment Mr Justice Bennett branded the ex-model's testimony as "inaccurate" and "less than candid" and said she was a "less than impressive" witness

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Damnation of her ladyship headlines the Mail

The Court of Appeal judged that it was in the public interest to end media speculation about the divorce settlement, in which Miss Mills was awarded less than one fifth of the £125million she had wanted from the former Beatle.
It confirmed many details from the court proceedings including Heather's claim that her life was ruined by her association with McCartney and her bombshell accusation that Sir Paul was possessive and jealous, abused alcohol and drugs and treated her "abusively and/or violently".
It provided an insight into the most high-profile divorce in recent years, setting out the wealth of one of the world's most successful musicians, and how Heather Mills, a former glamour model, battled unsuccessfully for a huge slice of it.

Away from the Mills story,both the Telegraph and the Guardian concentrate on the economy

No more cheap mortgage deals says the former

Homeowners were today warned that the era of cheap mortgages is officially over and that the credit crunch will last for at least another year.
The Treasury's top officials, appearing before Parliament, said that the premium over the Bank of England base rate charged by lenders was not expected to drop to the level enjoyed by consumers last year.

The Guardian focuses on America

Fed cut brings markets back from the brink

The US Federal Reserve put pressure on the Bank of England and other central banks last night to follow its lead in warding off a global economic slump when it cut interest rates for the sixth time since the financial crisis began last summer.
Amid calls from the City and business groups for the Bank to act, the Fed cut its key interest rate by 0.75 points to 2.25% in an bid to restore confidence to Wall Street following the bailout of Bear Stearns.

The Mirror reports

Fallout from the Northern Rock crisis claims 2,000 jobs

Gordon Brown was yesterday told to prepare to nationalise more struggling banks as the fallout from the Northern Rock crisis claimed 2,000 jobs.
After the collapse of the bank and sale of US firm Bear Stearns, leading venture capitalist Jon Moulton said other banks would follow.
And governments including the UK would have to step in to stop savers losing all their money

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The Sun reports that

Brown makes a crisis promise

In an exclusive article for The Sun the Premier says he feels the pain of hard-working families coping with soaring household bills.
He admits 2008 is destined to be a “tough year” for all.
And he accepts Government borrowing will RISE to help stave off an economic slump.
But Mr Brown urges the nation to put its faith in him to see it through the current economic crisis.

Soaring cost of living is claiming many more middle-class victims says the Times

The Consumer Credit Counselling Service said that while steep rises in energy and mortgage costs had hit the oldest and poorest hardest, the increases had been so dramatic that even the professional classes were struggling. Experts said that the figures marked a more serious era in the country’s battle with debt because they showed that the problem had extended from borrowers with credit cards and personal loans to all households, irrespective of how much they had borrowed or what they earned.

The paper leads with the story that

Postal voting cheats are threat to May elections

Fears of widespread fraud in the local elections in May were raised yesterday after a judge said that the rules for postal ballots were fatally flawed.
Just weeks before more than two million people are expected to vote by post in local council and mayoral elections, Richard Mawrey, QC, said that postal voting on demand was “lethal to the democratic process”.

The Telegraph carries a large picture of Senator Obama on its front page,the paper reporting

Barack Obama has taken the biggest gamble of his White House campaign by confronting the issue of race in America and refusing to disown his controversial black pastor for his "profoundly distorted" sermons.Seeking to end to the row over what he condemned as "incendiary" comments from the Reverend Jeremiah Wright, Mr Obama gave an intensely personal and at times emotional 40-minute speech in Philadelphia that tackled black anger, white resentment and the legacy of slavery

Obama attacks US state of 'racial stalemate' says the Times

We have a choice in this country: we can accept a politics that breeds division, and conflict, and cynicism,” he told his audience. “Or, at this moment, in this election, we can come together and say: ‘not this time’.”
He acknowledged that discussion of race in the presidential campaign had taken a particularly divisive turn in recent days, with videos of Mr Wright — who was pastor to Mr Obama and his family for 20 years before retiring last month — repeatedly broadcast on TV news channels. These show him denouncing a corrupt, white-dominated and racist “US-KKK-of A”. In one sermon, he said the 9/11 attacks were an example of chickens “coming home to roost” and, in another, that black people should sing not “God bless America” but “God damn America”.

The only lesson we ever learn is that we never learn says the front page of the Independent as Robert Fisk writes

Five years on, and still we have not learnt. With each anniversary, the steps crumble beneath our feet, the stones ever more cracked, the sand ever finer. Five years of catastrophe in Iraq and I think of Churchill, who in the end called Palestine a "hell-disaster".
But we have used these parallels before and they have drifted away in the Tigris breeze. Iraq is swamped in blood. Yet what is the state of our remorse? Why, we will have a public inquiry – but not yet! If only inadequacy was our only sin.

Another inquiry is reported in the Guardian

McGuinness: there was no need for Bloody Sunday inquiry

The most expensive judicial inquiry in British history - to establish why paratroopers shot dead 13 unarmed protesters in Derry on Bloody Sunday in 1972 - is privately regarded by Sinn Féin as an unnecessary concession by the British government, according to Tony Blair's former chief of staff.
In remarks that were described last night by unionists as "astonishing", Sinn Féin's Martin McGuinness is quoted by Jonathan Powell as saying he could not understand why Britain set up the tribunal in 1998.

Ken Livingstone attacks Boris Johnson reports the Telegraph

Formally opening his campaign, Mr Livingstone was introduced by Doreen Lawrence, whose son Stephen was murdered in a racist attack in London in 1993.
The mayor then devoted much of a set-piece speech to painting his opponent as a right-winger who would undermine race relations in London.
Accusing Mr Johnson of "dog-whistle politics" over race issues, Mr Livingstone highlighted the role in the Conservative campaign of Lynton Crosby, the Australian polling adviser who helped run the last Tory general election campaign

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Meanwhile the Mail says

Livingstone under investigation by election watchdogs over 'hidden donations cash'

Election watchdogs have been called in to investigate claims that Ken Livingstone has systematically hidden sources of cash for his re-election bid.
The Electoral Commission said it was considering a complaint that Labour's London mayor has failed to declare a single donation since election funding laws were introduced seven years ago.
Mr Livingstone claims he has not received a penny and any money he spends is raised by Labour.

Finally all the papers report on two deaths yesterday

Anthony Minghella, tireless champion of British film reports the Times

Anthony Minghella, the film-maker who led Britain’s most spectacular raid on the Oscars, died yesterday from complications after surgery to remove a growth on his tonsil. He was 54. Having sprung to national attention with Truly Madly Deeply in 1991 he stormed Hollywood with his nine-Oscar winning epic The English Patient six years later. As chairman of the BFI from 2003 until this year he was also effectively the face of the British film industry.
The lump had appeared in the past month and Minghella had appeared to be making a routine recovery after the operation in Charing Cross Hospital last Tuesday, his agent said. But on Monday he suffered a haemorrhage — a risk with any throat surgery — and he died with his wife Carolyn at his bedside at about 5am yesterday.

Arthur C Clarke, writer and futurist, dies at 90 reports the Guardian

Arthur C Clarke, the pioneering science fiction author and technological visionary best known for the novel and film 2001: A Space Odyssey, has died at his home in Sri Lanka, aged 90.
Clarke, who wrote more than 100 books in a career spanning seven decades, died of heart failure linked to the post-polio syndrome that had kept him wheelchair-bound for years.