Newspaper review: Banks in black but still under fire
- 2 August 2010
- From the section UK
Several papers anticipate the news, expected this week, that Britain's five biggest banks are back in the black.
The Guardian, describing banking as "Britain's most dangerous industry", rues the fact that many of those who led the banks to "the corporate cliff edge" remain firmly in place.
The Daily Mail says bankers should now "repay their debt to Britain".
But, it adds, they continue to treat the public "with disdain" by cutting back on lending and mortgages.
On other money matters, the Daily Telegraph reports that UK savers are retiring with pension pots worth half that of their European counterparts.
This is despite them having paid the same amount in, with an array of hidden charges being blamed.
And according to the Daily Express, the cost of buying a house is set to rise by a fifth over the next four years.
The paper believes it's good news as it should lift thousands of recession-hit homeowners out of negative equity.
The Independent looks at the strained relations between the UK and Pakistan.
It says David Cameron was "right to speak out" about terrorism, but must use his meeting with the country's president "to deliver a more nuanced version of those off-the-cuff words".
"Lazy, selfish, bad mother" - with that the Mail covers a survey on what au pairs think about their employers.
Behind the smile, it says, the au pair may be pondering the slothful and sleazy couple she works for.
The extension of 'Sarah's Law' - which allows parents to check whether anyone who has contact with their children is a paedophile - is welcomed by the Sun.
"Kids are safer", the paper thinks, dismissing warnings that the law will drive sex offenders underground.
The Daily Mirror says vigilantism is a real concern, though.
"Wanting to take the law into your own hands is a natural instinct for all decent folk - but one that people must resist," it adds.