Newspaper headlines: Soaring inflation and UK has the worst rate in G7

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By BBC News
Staff

"Generation Covid faces university rejection" is the lead in the Times.

With A-level results coming out this morning, it says that tens of thousands of teenagers are expected not to secure a place at their first choice of university even if they miss just one grade.

This is partly because there is greater competition this year for fewer places. The paper suggests the leading Russell Group universities will offer a third of the courses through clearing that they did in 2019.

The surging cost of living is also on many front pages.

"Britain has worst inflation in G7" is the Daily Telegraph's lead, while the i newspaper warns "now brace for interest rate hike".

That theme is taken up by the Daily Express, which warns that homeowners with mortgages are likely to be hit by another 0.5% interest rate rise next month.

The Guardian leads with a study by the University of York suggesting that two-thirds of UK households will be trapped in fuel poverty by January. The research estimates that 18 million families, some 45 million people, will be left struggling to make ends meet.

Met Police

The Met described the attack on Thomas O'Halloran in west London as an act of unprovoked violence

"What kind of monster kills an 87-year-old on a scooter?" asks the Daily Mail.

It says the fatal stabbing of Thomas O'Halloran, who had been busking with his accordion in London to raise money for Ukraine, has led to "mounting anger". In its leader, the Mail argues that Mr O'Halloran's killing "shows how far the police have conceded control of the streets".

The Daily Mirror is enraged by the releasing of raw sewage into rivers and the sea by several water companies as a result of this week's torrential downpours.

The firms say they had to ease pressure on sewers to stop homes and businesses being flooded. But in a comment piece, the Mirror blames weak regulation and corporate greed. It concludes: "Billions that could have been spent on new sewage systems were given to shareholders and executives".

The widow of Lord Trimble - the former Ulster Unionist leader who helped broker the Good Friday Agreement - tells the Telegraph of her support for Liz Truss to be the next prime minister.

Lady Trimble believes her late husband's legacy of peace in Northern Ireland "will be safe" with Ms Truss, whom she suggests has the "best record and a viable plan" to protect the union.

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Manchester United has caught the eye of British billionaire Sir Jim Ratcliffe, majority shareholder of chemical group Ineos

"Gold Trafford" is the Sun's lead. It reports that the British billionaire, Sir Jim Ratcliffe, is interested in buying Manchester United have "sparked joy among long-suffering supporters".

The same story is also on the back page, with the headline: "Rat can save sinking ship."

Finally, the Financial Times reports that while most countries might welcome sobriety among their youth, Japan is encouraging them to drink more alcohol.

The paper explains that the healthy lifestyle choices of Japanese youngsters are creating a problem in terms of less taxation revenue.

A new government-backed campaign called "Sake viva!" is encouraging people aged between 20 and 39 to come up with ways to make drinking more appealing to their peers.