The recession will focus Gordon Brown's mind in the forthcoming Queen's speech, according to the Financial Times.
Essex council plans to open its own bank to help local businesses.
The Daily Telegraph's Janet Daley says arresting MPs and nationalising banks smacks of a dictatorship.
Nick Clegg's unfortunate comments about his own team, overheard by a reporter on a flight to Scotland, are rehearsed in today's Independent.
Liberal Democrat Voice comments on Clegg's unguarded views.
Paddy Ashdown calls for new governance in the "global space" to ward off terrorism.