UK Newspaper Covers: 4 November 2022

The i has the warning of Chancellor Jeremy Hunt that the UK is in for a “very tough” time ahead.

The Times leads with the Bank of England’s decision to hike interest rates by 0.75 percentage points to 3% – the highest level in 15 years.

Savers, landlords and entrepreneurs are likely to be hit by the chancellor’s tax hike plans, The Daily Telegraph reports.

The UK faces the longest recession on record, the Bank of England is warning – that’s on the front of the Daily Express.

The Daily Star says police are worried that an “army of gimps” could be on the loose.

The Guardian has the latest from the inquiry into the Manchester Arena terror attack, which heard that at least one victim – John Atkinson – bled to death from injuries he should have survived.

Failings by the emergency services left Manchester Arena bombing victims “dying without dignity on the floor”, furious families say in the Daily Mail.

Parents of the youngest victim of the Manchester Arena terror attack say she would have survived if the emergency service response had been better – that’s on the front of the Daily Mirror.

The Sun reports that a luxury liner used to house partners of England’s World Cup team has set off for Qatar.

The Financial Times leads with the Bank of England saying borrowing costs will not increase in the future by as much as markets expect, as it imposed the biggest interest rates hike in three decades.

The Bank of England has warned that the UK is heading for a two-year recession, Metro reports.