A backlash against the government’s floated proposal to cap food prices leads the Daily Telegraph, topping with Bank of England Governor Andrew Bailey’s warning it could be “unsustainable” and “risked backfiring”. Addressing MPs at a select committee, Bailey says the measure would mean “effectively artificially moving prices relative to costs”, creating what another official calls a “highly distorted” economy, the paper writes. A cheering Prince of Wales also appears on the front page under the caption “William wills Villa to victory”, as he celebrates Aston Villa’s 3-0 victory against Freiburg.
Source link
