Newspaper headlines: Protesters on Sunak's roof and UK economy 'in a trap'
- Published
Andrew Bailey, governor of the Bank of England, during a Bank of England press conference on Thursday
Many of Friday's front pages lead on the Bank of England's warning that interest rates will remain high for longer than previously thought.
The i newspaper predicts the main rate will rise to 5.5% and stay at that level for three years, external.
Meanwhile, the Times says the suggestion a rate cut is unlikely before the end of next year is a blow to Tory strategists, because Rishi Sunak may have to go to the polls with homeowners, external still struggling under high mortgage rates.
Elsewhere, the Daily Mirror takes issue with remarks from Works and Pensions Secretary Mel Stride, external who said earlier in the week that people over the age of 50 should consider delivering takeaways and other flexible jobs.
According to the Daily Telegraph, the government is planning the biggest expansion of private sector involvement in the NHS, external since the Tony Blair era, in an effort to reduce waiting lists.
Several front pages feature pictures of Greenpeace activists - protesting against new licences for oil - on the roof of Rishi Sunak's family home in North Yorkshire, including the Guardian, external.
"How on Earth could this be allowed to happen?" asks the Daily Mail, external.
The Daily Express goes further to say on its front page that "heads must roll", external over the security breach.
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