Newspaper headlines: 'A Labour moment' and 'misery for homeowners'

Several of Wednesday's papers lead with Labour leader Sir Keir Starmer's speech to his party's conference in Liverpool.

The Metro focuses on his plea to voters not to forgive what he describes as the government's "mishandling of the economy". The Mirror calls the speech Sir Keir's "message of hope".

In an editorial, the Times says the Tories have been damaged by Boris Johnson's behaviour in office and the economic turmoil of Liz Truss's early days as prime minister, but that Labour cannot rely solely on the government's errors to regain the trust of voters. The paper says Sir Keir has made Labour a serious contender once more, but that he should concentrate on maintaining a reputation for capability, decency, and attention to policy detail.

In its editorial, the Guardian says Sir Keir is "starting to stand for something" and, though some would like him to be bolder, he's got a "better grip on the present than those he seeks to replace".

The Telegraph leads with the intervention of the IMF over the government's mini-budget. The paper describes it as a "highly unusual attack" on the economic policy of a G7 country and says it's prompted an angry reaction from senior Tories. It quotes former Brexit minister Lord Frost saying the prime minister and Chancellor Kwasi Kwarteng should "tune out the criticism" from people he says are still "in the intellectual world of Gordon Brown".

The i has an exclusive report which says senior government officials warned Ms Truss and Mr Kwarteng about the economic risks and possible shock to the markets of the mini-budget. A No 10 source has also denied to the paper that the pair had a "shouting match" over Ms Truss's reluctance to issue a Treasury statement to reassure investors as the pound sank on Monday.

The Financial Times also focuses on alleged tensions between the pair, saying Ms Truss was initially reluctant for the Treasury and Bank of England to issue statements to support the pound but eventually agreed with Mr Kwarteng that it was the right course of action.

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The Independent says the chancellor is facing demands to act urgently over rising mortgage costs, with one senior Conservative MP describing the mini-budget as the "shortest suicide note in history."

On a similar theme, the lead for the Times is a warning from some economists that growing borrowing costs could trigger a steep fall in house prices, with analysts indicating they may fall by between 10% and 15%. A Conservative source is quoted as saying MPs are "panicking" and fear the party will get the political blame for the cost-of-living crisis.

"Bricking it", reads the headline in The Sun. The paper says the expected rise of interest rates to 6% next year will create a "mortgage time bomb" for homeowners and reports that lenders have now pulled a total of 365 mortgage deals from the market.

Finally, the gas pipeline explosions on the bed of the Baltic sea also feature on the front pages. "Putin accused of sabotage" is the Telegraph's headline. The paper's editorial says the possibility of sabotage is a reminder of the vulnerability of undersea infrastructure, such as internet data cables on which the world has come to depend.