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The majority of front pages focus on the difficult economic outlook the UK faces. The Guardian reports the Bank of England (BoE) has warned Chancellor Kwasi Kwarteng the country is already in recession, after the economy shrank for the second quarter in a row. The paper also notes the BoE hiked interest rates by half a percent on Thursday, continuing its efforts to reduce inflation.

Guardian Front Page 3rd of February 2026

Peter Mandelson faces calls for a police inquiry after files suggested he shared market‑sensitive government plans during the financial crisis with US financier Jeffrey Epstein. The Met has received reports of possible misconduct in public office as officials launch a Whitehall review.

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Guardian Front Page 2nd of February 2026

Peter Mandelson faces scrutiny after files suggest Jeffrey Epstein sent him $75,000 in three $25,000 transfers. Mandelson says he has no record or recollection of the money. Politicians are urging him to provide evidence to US authorities about any links.

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Guardian Front Page 31st of January 2026

Documents from the US justice department’s Epstein investigation include emails suggesting he transferred thousands of pounds to Peter Mandelson’s husband in 2009 after his release. The cache, spanning emails and device data, prompts fresh scrutiny of their links.

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Guardian Front Page 30th of January 2026

Following talks in Beijing, the PM signalled a reset in ties with China and left open a UK visit for Xi. It was the first trip to Beijing by a British PM since 2018. Sanctioned MPs criticised the move, while No 10 said cooperation would expand alongside firm stances on security and values.

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