Sky News takes a look at the stories making headlines on the front of Wednesday’s national newspapers.
Senior government officials, including the cabinet secretary Simon Case, warned Prime Minister Liz Truss and Chancellor Kwasi Kwarteng about the economic risk and possible shock to markets of the mini-Budget before they went ahead with a £45bn tax cut funded by government borrowing, claims the i.
Chancellor Kwasi Kwarteng is facing demands from Tory MPs to act quickly over fears that millions of homeowners will face a steep hike in mortgage rates, says The Independent.
Mortgage providers have started increasing interest rates to levels not seen since the financial crisis as economists warned that growing borrowing costs would spark a steep fall in house prices, reports The Times.
David Norris, one of Stephen Lawrence’s killers, faces a criminal investigation after sending selfies from his cell, says the Daily Mail, calling it an “astonishing breach of prison rules and security”.
The International Monetary Fund has urged Prime Minister Liz Truss to reverse the government’s decision to abolish the top rate of income tax, in a highly unusual attack on the economic policy of a G7 country, writes The Daily Telegraph.
The Sun claims Britons are facing a mortgage “time bomb” with interest rates heading towards 6% next year. The paper says 365 mortgage deals have already been pulled following last week’s mini-Budget.
Sir Keir Starmer has pledged to establish a publicly-owned energy company in his first year in office if he becomes PM, writes The Guardian. In his conference speech, the Labour leader told delegates they must “spend each day” until the next general election working to earn the trust of the British people.
The Daily Mirror says Labour leader Sir Keir Starmer has promised in his party conference speech to end what the paper calls the “misery of Tory rule and get the UK back on the path to prosperity”.
A surging “twindemic” of COVID and flu viruses could wreak havoc on the health service this winter, reports the Daily Express. It says early signs of a new wave of cases have already been spotted – and those eligible for jabs are being urged to get them as soon as possible.
Labour leader Sir Keir Starmer has urged voters not to forget or forgive the government’s mishandling of the economy at the next general election and claimed he can win a landslide, writes Metro.
Be the first to get Breaking News
Install the Sky News app for free
Saturday's national newspaper front pages | UK News – Sky News
