By BBC News
Almost all of the front pages look ahead to Liz Truss unveiling her long-awaited plan for lowering gas and electricity bills this winter.
"About time" is the headline in the Daily Mirror – which says the intervention cannot come soon enough for struggling families, pensioners and businesses.
For the Guardian, it's a "make or break moment" for Ms Truss's entire premiership, as the new prime minister fights to unite her party.
The paper says senior Tories think the package of support will "generate enough goodwill" to guarantee her survival in Downing Street until Christmas – but warn that keeping her MPs in line beyond the new year could prove a major challenge.
The Daily Express doesn't agree. According to the paper, Ms Truss is "hitting the ground running" – getting straight down to work by tackling the energy crisis "head on".
The i newspaper thinks the scheme is a "gamble" – with questions mounting about how the £150bn package will be paid for.
The Financial Times says the sharp slide in the pound reflects the "daunting scale" of the economic challenges facing the new government.
At one point, the paper says sterling fell lower than in the aftermath of the Brexit vote of 2016 – and lower than the depths of March 2020 as the Covid pandemic swept the world.
According to the FT, ministers were still trying to finalise the details of support for business as late as yesterday.
The Daily Mail and the Daily Telegraph focus on the prime minister's promise to "revolutionise" energy supply in the UK – and ensure households won't face paying exorbitant bills in the future.
"Truss vows never again" is the headline in the Telegraph.
It says Ms Truss will scrap the moratorium on fracking in a written statement to Parliament rather than full legislation – speeding up the removal of the ban.
The Times reports that ministers are drawing up plans for a public information campaign to encourage households to reduce their energy use this winter – in case the incoming cap on prices removes the incentive for people to cut their consumption.
It says there are concerns within government that the prime minister's intervention could increase the risk of blackouts. People will be asked to stop leaving appliances on standby – and to turn down their thermostats.
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There's plenty of analysis of Liz Truss's first Prime Minister's Questions.
The Telegraph thinks she confounded the expectations of her critics with her "calm and considered" performance at the despatch box.
For the Times, she was "unflappable". The sketch in the Guardian says it made for a "refreshing change" – a PMQs where the prime minister actually answered the questions.
And many of the front pages carry back-to-school photos of the Cambridge children.
Prince George, Princess Charlotte and Prince Louis are pictured holding hands with their parents ahead of their first day at their new school near Ascot.
The Telegraph takes time to describe the expressions of the duke and duchess – mainly relief at surviving the long summer holidays.
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By BBC News