Today’s bigger than expected fall in inflation, to a 15-month low of 7.9%, is the main story in the Financial Times. James Smith, of the Resolution Foundation think-tank, tells the paper the UK is now “less of an outlier in the battle to tame inflation”.

The front page reports on Prime Minister Rishi Sunak’s pledge to crack down on banks denying services to customers over “lawful free speech” in response to the Nigel Farage banking crisis.