Inflation, the cost of living and interest rates dominate Friday’s front pages.
The Guardian, the Daily Express and Metro lead on inflation heading to 10%.
Guardian front page, Friday 6 May 2022: Bank raises interest rates and warns inflation will hit 10% pic.twitter.com/o1YCstO8wR
— The Guardian (@guardian) May 5, 2022
Tomorrow's front page: hold on to your hats! Recession looms#TomorrowsPapersToday https://t.co/9xzAW8fqjV pic.twitter.com/RGn28bfGRa
— Daily Express (@Daily_Express) May 5, 2022
Tomorrow's Paper Today 📰
INFLATION TO TOP 10%
🔴 Bank of England's grim outlook as it lifts interest rates to 13-year high🔴 Energy bills to soar another 40%, joblessness to rise to 5.5% and economy to flatline#tomorrowspaperstoday pic.twitter.com/DlSEBys8Jx
— Metro (@MetroUK) May 5, 2022
The Daily Mail adds that the situation will see the “biggest pay drop since 1990”, and the i says there will be “no help” before the next Budget.
Friday’s Daily MAIL: “Families Set For Record Squeeze” #TomorrowsPapersToday pic.twitter.com/yH4cytdbL5
— Allie Hodgkins-Brown (@AllieHBNews) May 5, 2022
The Daily Mirror asks: “Why won’t they help?”
Tomorrow's front page: Why won't they help? #TomorrowsPapersTodayhttps://t.co/hkLXGHTsCb pic.twitter.com/qBN4vl3Zw8
— The Mirror (@DailyMirror) May 5, 2022
The Financial Times reports on the Bank of England’s decision to raise interest rates.
Just published: front page of the Financial Times UK edition Friday May 6 https://t.co/beZNhlqn0F pic.twitter.com/AO3pYj6wHf
— Financial Times (@FinancialTimes) May 5, 2022
The Bank’s warning about a potential recession is front page of The Daily Telegraph and The Independent.
🗞 The front page of tomorrow's Daily Telegraph:
'Bank warns of recession and highest inflation in 40 years'#TomorrowsPapersToday
Sign up for the Front Page newsletterhttps://t.co/x8AV4Oomry pic.twitter.com/oRJC4uzZAg
— The Telegraph (@Telegraph) May 5, 2022
Friday’s INDEPENDENT Digital: “Soaring inflation set to push UK into recession” #TomorrowsPapersToday pic.twitter.com/7ffPfPlLeQ
— Allie Hodgkins-Brown (@AllieHBNews) May 5, 2022
The Times reports on pressure on Chancellor Rishi Sunak to “slash” taxes to avoid a shrinking economy.
Friday’s TIMES: “Slash taxes to stave off recession, Sunak urged” #TomorrowsPapersToday pic.twitter.com/Sg8eRzjn63
— Allie Hodgkins-Brown (@AllieHBNews) May 5, 2022
Elsewhere, the Three Lions anthem has been saved, according to The Sun.
On tomorrow's front page: England’s Three Lions anthem saved for the nation after flaky FA bosses’ U-turnhttps://t.co/jY7EU6Hz73 pic.twitter.com/xtkJuhmQye
— The Sun (@TheSun) May 5, 2022
And the Daily Star leads on this week’s anticipated heat wave.
Friday’s Daily STAR: “Budgie Smugglers ..And A Big Helmet” #TomorrowsPapersToday pic.twitter.com/izIoEDppB0
— Allie Hodgkins-Brown (@AllieHBNews) May 5, 2022
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