
The Independent asks Can the bank's £50b save the economy on its front page
This is the biggest line of credit the Treasury and Bank of England have ever given to the British banking system. It is more extensive than the help being given to banks by the monetary authorities in the United States and Europe. It is happening because the supply of mortgages is drying up, threatening a collapse in house prices. And it may not be enough. To see what is happening, and why, you have to appreciate that the banks do not have enough funds of their own to meet the demand for mortgages.
Another morning in which the economy dominates
Show some heart says the front page of the Mirror
Bank chiefs will today be told to go easy on families who fall behind with their mortgages.
Chancellor Alistair Darling will ask them during a Downing Street summit to do their utmost not to repossess homes.
He expects the banks' help in return for the £50billion lifeline they were given yesterday to ease their credit crisis.
Meanwhile the 10p tax crisis continues
Contrite Gordon Brown fails to sway rebels is the top story in the Telegraph
The Prime Minister made an unscheduled appearance before more than 200 Labour MPs at a meeting of the Parliamentary Labour Party (PLP) in Westminster in an attempt to avert a damaging Commons rebellion next week.Insisting that he understood the pressures on ordinary families, Mr Brown said: "I understand how difficult it is when food prices and fuel prices are rising. It is difficult out there and I understand that. People want to know we get it and understand their anxieties."
The Labour rebels - who are thought to number at least 50 - said that Mr Brown's concessions would not come soon enough. They fear that the decision to scrap the rate could lead to Labour being punished severely in next week's local elections
The Guardian joins in too
You're dragging us to the edge, Labour rebels warned
Gordon Brown moved last night to puncture a potentially ruinous backbench budget rebellion with a contrite address to Labour MPs and a promise to hold a review before autumn of the impact of the abolition of the 10p tax rate.
Faced by signs of growing unrest, the prime minister hastily rearranged his diary to speak to a packed weekly meeting of the parliamentary Labour party, and immediately struck an emollient tone after two weeks of bruising argument with MPs. He told MPs he had "got" their message, but said they could not vote down a Labour budget because it would undermine the party in next week's local elections.
The paper meanwhile reports that
Cameron's lead cut in latest ICM poll
Labour has survived attacks over 10p tax and Gordon Brown's credibility as prime minister, according to a Guardian/ICM poll published today. It suggests that the Conservative party has failed to establish a secure election-winning lead, with support for the opposition party falling while Labour has gained.
The poll, carried out over the weekend as Gordon Brown returned from his three-day visit to America, puts support for Labour on 34%, up five points from last month's Guardian poll. Conservative support, at 39%, is down three points. The Liberal Democrats, at 19%, are down two points on last month.
Judges set to deliver new blow on terror is the main story in the Times
Gordon Brown is facing a new battle over key anti-terrorism laws this week with the High Court set to rule against powers to freeze suspects’ bank accounts.
Five men who deny any link to terrorism and have no previous convictions are challenging the Government’s powers to freeze bank accounts, stop benefit payments and control the spending of people it has designated terror suspects
The Independent reports that
Biggest onshore wind farm plan rejected
Plans for Britain's biggest land-based wind farm were turned down by the Scottish government yesterday, in a landmark decision with wide implications for the future development of renewable energy in the UK.
The 181-turbine development on the Hebridean island of Lewis was vetoed by Scottish ministers because it was at odds with tough protection for wildlife sites afforded by European law.
The Sun is getting all environmental
THE Sun is hot on battling climate change - and going to the ends of the Earth to prove it.
We are joining a fact-finding mission to the Arctic in a bid to show you the devastating effects of climate change from the front line.
Over the course of two weeks, we will bring you exclusive reports, pictures, videos and a regular blog direct from the Arctic so that you can see EXACTLY how global warming is affecting one of the Earth's most fragile and breathtaking environments.
A different environmental story on the front of the Mail
Father of four taken to court and fined ... because he overfilled his wheelie-bin by just four inches
With his rubbish collected only once a fortnight, Gareth Corkhill's wheelie bin was so full the lid wouldn't shut.
And for that, the father of four finds himself with a criminal record.
Magistrates convicted the 26-year-old bus driver after hearing evidence that the lid was four inches ajar, which is against rules to stop bins overflowing.
The Times reports
Fifty years on, thalidomide is back. Now they say it's a good thing
Thalidomide, the drug that blighted a generation of children half a century ago, is back on the market in Europe as a powerful cancer treatment.
The European drug agency yesterday gave clearance for thalidomide to be sold on prescription for treating newly diagnosed multiple myeloma.
It has been available, in a limited way, for some years since its powerful effects on cancer and leprosy were identified.
But campaigners, including those damaged by the drug when they were still in the womb, are anxious that its new-found popularity does not lead to more babies being harmed.
MIRACLE SURGERY LETS THE BLIND SEE says the Express
BRITISH doctors have carried out pioneering surgery to restore the eyesight of two blind patients.
Using the revolutionary procedure, they have given the men – both Britons – a “bionic eye” which enables them to see their families for the first time in years.
There are now real hopes that the breakthrough will pave the way for the treatment to become available for millions around the world within a few years
Most of the papers report from the latest American primary battleground
Clinton warned: win decisively or it's over says the Guardian
Barack Obama yesterday effectively conceded he will not win today's Democratic primary in Pennsylvania, but hinted he expected to do well enough to cast doubt on Hillary Clinton's ability to stay in the race.
Obama, who has established an almost unassailable lead in the contest, told Pittsburgh radio station KDKA he did not anticipate emerging victorious from Pennsylvania. But he said: "I'm predicting it's going to be close and that we are going to do a lot better than people expect."
Clinton, after a string of defeats, needs more than just victory to resuscitate her campaign: she must win by 10 percentage points or more to convince the Democratic leadership she should stay in the race.
The Times reporting that
Insults hit new low as Hillary Clinton and Barack Obama face showdown
Hillary Clinton accused Barack Obama yesterday of being nothing more than an old-school candidate who had swapped his message of hope for dirty politics, as the Democratic rivals unleashed their most personal attacks yet on the eve of today’s Pennsylvania primary.
After six bruising weeks since their last contest, a period in which Mrs Clinton was caught telling a false story about landing in Bosnia under sniper fire and Mr Obama has suffered controversy involving his former pastor and comments he made about working-class voters, both rivals accused each other of negative, dishonest and demeaning tactics.
Hamas will deal with Israel, says Jimmy Carter reports the Telegraph
Jimmy Carter, the former US president, said yesterday that Hamas had promised it would accept a Palestinian state in only part of the territory traditionally claimed, implicitly accepting Israel's right to the remainder.Mr Carter said Hamas would accept a Palestinian state consisting of just the occupied territories if the Palestinian people agreed to it in a referendum
The Independent reports from South America
Ex-bishop's win answers Paraguay's prayers
The world's longest-ruling political party has lost its grip on power after a former bishop won Paraguay's presidential elections, promising to help the poor.
Fernando Lugo, a prelate who gave up the cloth to lead a rainbow coalition against the Colorado party which had ruled Paraguay for 61 years, won Sunday's elections by a clear margin. Two newspapers yesterday marked Mr Lugo's victory with the headline "Amen!"
Back to the Uk and the Guardian reports
Parliament and public misled over Olympics budget, say MPs
In a savage critique of the original financial estimates, the public accounts committee (PAC) accuses ministers and officials of producing an "entirely unrealistic" budget which excluded "foreseeable" costs.
The original budget for the games was set at £4bn, but the bill has jumped to £9.3bn in the three years since then. The PAC's report describes the original estimate as unrealistic, and yesterday its chairman, Edward Leigh, said ministers and officials had underestimated the true cost in order to win government and public support for the bid.
Ex-detective among six arrests over axe murder of private eye says the Telegraph
Private investigator Daniel Morgan, 37, was found with an axe embedded in his head in a pub car park in Sydenham, south London.The unsolved case has hung over Scotland Yard ever since amid suggestions that Mr Morgan was about to expose a drugs network involving corrupt police officers.
Harry hails hero is the lead in the Sun
CARING Prince Harry made a beeline for his wounded war hero yesterday, telling him: “I can’t believe you’re standing up, it’s fantastic.”
Royal Marine Ben McBean has made an incredible recovery after losing his left arm and right leg in Afghanistan.
Ben, 21, was at death’s door when he returned home on the same flight as Harry seven weeks ago.
Most of the papers report the case of
Mayor filmed refereeing football matches despite claiming benefits for not being able to walk
Over two soccer seasons he refereed or ran the line at 67 matches.. reports the Mail
And all that time Keith McNiffe was claiming disability benefit.
But his deception came to an end when McNiffe was secretly filmed by undercover officials from the Department for Work and Pensions as he officiated at one game, a court heard yesterday.
The former town mayor was warned he may be jailed after he belatedly admitted illegally claiming thousands of pounds from the taxpayer
The Mirror claims
Secret Tory plan to axe NHS Direct and GP out-of-hours calls
Shadow Health Secretary Andrew Lansley also wants to stop patients phoning GPs' out-of-hours services.
He said it was "absurd" that patients had other NHS phone lines when they already had the 999 service.
Finally the Times reports on Britain's most valuable tree
A plane in Mayfair has been valued at £750,000, making it Britain’s most valuable tree.
The valuation of the 6ft-wide tree, which has graced Berkeley Square since Victorian times, is based on a new system devised by local authority tree officers. It takes into account size, health, historical significance and the number of people living near by to enjoy it.
This valuation system, known as the capital asset value for amenity trees (Cavat), is to be adopted by every local authority in the country to prevent the massacre of trees blamed for subsidence in buildings.
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