Round-up of bad week for economy

A bad week in the life of the economic crisis is rounded up by the Financial Times' calculation that 17,000 job cuts have been announced by UK companies.

Ahead of the global economic summit in the US, the Guardian reports government fears over President Bush chairing the event instead of President-elect Obama.

There is concern the US will be "less focused... on making firm commitments".

The Daily Telegraph manages a positive financial story - for car buyers, at least, who are enjoying price cuts.

Protection warning

The horrifying story of 17-month-old Baby P, who died after months of abuse, continues to occupy front pages.

The Independent and Daily Mail both report the warning to the government of alleged child protection failings in Haringey months before the boy's death.

Alongside the story, many papers cover the deaths of two-year-old and three-month-old brothers in Manchester.

While four reviews are due over Baby P, another will investigate the Manchester case, reports the Independent.

Opt-out 'out'

The Times leads with a report that an opt-out organ donation scheme plan will be rejected by government advisers.

Experts have decided the scheme "would do little to boost the number of life-saving transplants", says the paper.

They have "suggested instead a Government advertising campaign to hit targets", says the Sun.

The Telegraph says there will be dismay in government, where it is thought "education programmes are not enough to increase the number of donated organs".

Royal inspiration

A painting of 19th Century soldier and explorer Captain Frederick Burnaby dominates the Times' front page.

This is because the portrait was the inspiration for Prince Charles's official 60th birthday photograph, to be seen on several other front pages.

The Guardian pokes fun at the image of the prince in ceremonial uniform, headlining it: "Dress down Friday."

But the paper redeems itself with a comprehensive numbered key to all the elements of the Welsh Guards uniform.

And the Daily Mirror sends the prince greetings supposedly penned by the geranium he famously spoke to 22 years ago.