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Page last updated at 05:38 GMT, Monday, 24 November 2008

Uncertainty over 'risky' rescue plan

Papers
The much-anticipated pre-Budget report is widely covered in the papers, with the word "gamble" featuring prominently.

The front page of the Independent features a roulette wheel with the headline "Labour's tax cut gamble".

The Daily Telegraph says Gordon Brown will gamble £16bn on a series of tax cuts to try to kick start the economy and fend off effects of the recession.

The Daily Mail concludes it is a £20bn gamble on your future and may determine the next general election winner.

Income tax rises

The Daily Mirror offers a different take by declaring extraordinary times require an extraordinary response.

What the Chancellor, Alistair Darling, will do, argues the Financial Times, is urge Britain to shop its way out of the recession with a cut in VAT.

The Times leads on its report that a new top rate tax of 45% for high earners is among the deferred tax rises to be announced.

The Sun reckons the new higher rate will lead to accusations Gordon Brown has turned his back on wealth creators.

White House team

The papers have been analysing how the US President-elect is forming his cabinet before taking over in January.

The Telegraph believes the economic turmoil has given Barack Obama no time to bask in historic victory and he is assembling his team at record pace.

The Times suggests he is picking pragmatic, moderate Washington insiders, earning him praise from Republicans.

The Financial Times says many have more experience than Mr Obama himself.

'Worst jockey'

The Mail welcomes the National Institute for Clinical Excellence's decision to reconsider restricting access to rheumatoid arthritis drugs.

The paper reports as many as 40,000 sufferers take the treatment anti-TNFs to reduce inflammation in the joints.

The Mail also carries out a taste test on an unlikely Selfridges store sell-out - bacon-flavoured chocolate.

The £5.99 bar failed to impress the Mail's resident chocolate addict who likened it to chocolate dunked in an overflowing ashtray.

The Sun features a story about the man it calls racing's worst jockey.

In front of stunned punters at Wincanton last week, Anthony Knott, a 44-year-old dairy farmer from Dorset, finally won a race after 28 years.

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