Stay up to date with notifications from The Independent

Notifications can be managed in browser preferences.

What the papers say – May 12

Latest rise in interest rates dominated newspaper front pages on Friday.

PA Reporter
Friday 12 May 2023 01:47 BST
The rise in interest rates dominated the front pages across Britain on Friday.
The rise in interest rates dominated the front pages across Britain on Friday. (PA Archive)

Your support helps us to tell the story

From reproductive rights to climate change to Big Tech, The Independent is on the ground when the story is developing. Whether it's investigating the financials of Elon Musk's pro-Trump PAC or producing our latest documentary, 'The A Word', which shines a light on the American women fighting for reproductive rights, we know how important it is to parse out the facts from the messaging.

At such a critical moment in US history, we need reporters on the ground. Your donation allows us to keep sending journalists to speak to both sides of the story.

The Independent is trusted by Americans across the entire political spectrum. And unlike many other quality news outlets, we choose not to lock Americans out of our reporting and analysis with paywalls. We believe quality journalism should be available to everyone, paid for by those who can afford it.

Your support makes all the difference.

The rise in interest rates dominated the front pages across Britain on Friday.

The Financial Times reports on the Bank of England lifting interest rates, warning its inflation target will not be reached until 2025.

The Daily Mirror and the i echo the FT with a fresh warning that inflation increases are not over.

The Daily Express focuses on economists criticising the Bank of England for inaccurate predictions.

The digital edition of The Independent leads on the “mortgage misery” as interest rates hit 4.5%.

The Daily Telegraph urges people to go back to work to help cut taxes with the workforce short of 400,000 people.

The Times takes a more positive look at the economy, reporting food prices are on the way down.

Moving away from the economy, the Guardian leads with the UK sending long-range missiles to Ukraine.

The Daily Mail says prison officers have been ordered to stop calling criminals “convicts, in case it offends them”.

The Sun concentrates on showbusiness, saying Phillip Schofield has made a last-ditch attempt to save his This Morning partnership with Holly Willoughby.

The Metro and the Daily Star say DNA from fur found after a attack on sheep shows “definitive evidence” big cats roam Britain.

Thank you for registering

Please refresh the page or navigate to another page on the site to be automatically logged inPlease refresh your browser to be logged in