Banking woes dominate headlines
http://news.bbc.co.uk/go/rss/-/1/hi/uk/7920300.stm Version 0 of 1. The Daily Telegraph says chancellor Alistair Darling admits the government made mistakes in the run-up to the deepening financial crisis. Mr Darling tells the paper bank regulation has been a failure - and that ministers must show "humility". Ministers want Mr Brown to use his speech to US Congress to admit Britain's failings over the economic crisis, says The Guardian. They say he should not focus on abstract concepts of finance. A photograph showing a snow-covered Wall Street appears on the front of the Financial Times, which recounts another "bleak day" for the world markets. It says investors scrambled for the relative safety of government bonds and the US dollar, as share prices tumbled. The Daily Express says many hard working Britons are facing a "devastating impact" on their pensions. Recalling events of 1987, it says £50bn was wiped off the value of stocks in what it calls "another Black Monday". The Independent reports that the Science Museum is accused of promoting Israeli universities whose research was used in the military campaign in Gaza. More than 400 academics have urged the museum to cancel planned workshops by the Zionist Federation. The Telegraph and The Guardian report grave concerns raised by medical leaders about patient records. It says confidential details could be passed on to private companies and government departments. "Betrayal of the foster parents" is the headline on The Daily Mail. It recounts how a couple were not told that a teenager they fostered had a history of committing sexual attacks. The boy then went on to rape their two-year-old son. The Sun calls for the social workers involved to be sacked, citing "mind-boggling incompetence". The Daily Star says terminally-ill Jade Goody braved a new operation to spend time with her sons. The paper says she wants "one last cuddle" from them. |