Page last updated at 04:18 GMT, Thursday, 3 April 2008 05:18 UK

Negative equity fears in papers

Newspapers (generic)
An unsettling phrase from the days of recession in the Nineties - "negative equity" - is back in newspaper headlines.

The Daily Mail says experts think as many as three million families could soon find themselves living in houses worth less than what they paid for them.

The Independent is one of many papers to ponder the risk that much worse is yet to come.

The Times says: "This is the week that the credit crunch became personal."

Several papers also cover the sharp rise in borrowing by people using their credit cards and overdrafts.

The Daily Telegraph says Britain has gone on "a credit binge".

Shannon reunited

The arrest of the stepfather of Shannon Matthews on suspicion of having child pornography is widely covered in both the Sun and Daily Mirror.

They both report that Shannon and her mother, Karen, met in private for the first time since the nine-year-old girl disappeared six weeks ago.

The Financial Times honours the role of the Irish Prime Minister, Bertie Ahern, in helping achieve a booming economy, and peace in Northern Ireland.

But it calls him a "streetwise statesman undone by grubby cash" following his resignation.

The Guardian says we have moved beyond the politics of Tony Blair.

This is because of the marked difference in tone towards general schools and faith schools adopted by the Schools Secretary Ed Balls.

Fishy behaviour

The Times reports how scientists have been taking a close look at the sex life of the Indonesian octopus.

The paper reports that they found a range of fairly startling behaviour - from strangling rival males, to obsessive stalking.

The Independent says two researchers in Pennsylvania have challenged the "deeply entrenched belief" that eight glasses of water a day is good for you.

There is, at best, "no proof" according to the Mirror.


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