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“Back from death row” is the headline in the Metro, reporting on the release of five British people who faced execution in Ukraine after being capture by Russia. The paper says the men were freed after Saudi Arabia helped negotiate a prisoner swap with between Moscow and Kyiv.
The i leads with the Bank of England’s decision to hike interest rates. The increase in interest rates to 2.25% means millions are facing a significant rise in their mortgage payments, the paper reports. The paper says Prime Minister Liz Truss and Mr Kwarteng are under pressure to prevent a “deep recession” with their “mini-budget” on Friday.
The paper leads with the killing of a 15-year-old boy in Huddersfield, who was stabbed to death outside his school. The paper says Khayri McLean was attacked as “horrified fellow pupils looked on” and died despite “desperate efforts” by a teacher to save him.
Under the headline “Go for growth!”, the paper reports on what it calls the “biggest tax cuts in decades”. The paper says “not since Margaret Thatcher” will taxes have been slashed this much and notes Mr Kwarteng will “herald a new era for Britain” when announcing them in the House of Commons.
The paper carries an exclusive claiming former Chelsea owner Roman Abramovich “played a key role” in negotiating the release. The paper says the Russian billionaire welcomed the five men onto a plane taking them from Russia to Saudi Arabia, giving them phones so they could contact their families.
Most of Friday’s front pages focus on the difficult economic outlook for the UK ahead of today’s mini-budget announcement – with expected tax cuts.
Chancellor Kwasi Kwarteng will release a mini-budget on Friday along with National Insurance and corporation tax cuts.
David Beckham queued for almost 13 hours with fellow mourners to see the Queen’s coffin following her death earlier this…
William and Kate were dressed in all black as they arrived at Windsor Guildhall for their first engagement since the…
Iran’s President Ebrahim Raisi has called for an investigation into the death of the 22-year-old woman who was in police custody, arrested on hijab charges.
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