Former Prime Minister Liz Truss’s “disastrous” mini-budget cost the government around £30bn, according to new analysis in the Observer. 

The estimate from the centre-left think tank the Resolution Foundation says this represents a doubling of the amount the Treasury will need to raise in increased taxes and spending cuts this week and would have been “far higher” without government U-turns, the paper reports.

The front page features an image of Ukrainians celebrating in Kherson as Russian troops withdrew. The residents are seen taking selfies, waving flags and greeting the liberating troops with flowers.