Morning Call: pick of the papers

The ten must-read comment pieces from this morning's papers.

1. The sad record of fiscal austerity (Financial Times)

The ECB could have prevented the panic, says Martin Wolf. Tens of millions are now suffering unnecessarily.

2. The Lib Dems are not a serious national party (Times) (£)

Forget who said what to whom, says Daniel Finkelstein. Nick Clegg has failed to lead his MPs away from interest-group politics.

3. George Osborne hasn't just failed – this is an economic disaster (Guardian)

Coalition austerity has delivered depression and a lost decade, says Seumas Milne. Labour has to avoid locking itself into more of the same.

4. If Nick Clegg’s story won’t stand up, the Lord Rennard scandal could finish him (Daily Telegraph)

Even victory at the Eastleigh by-election will not put an end to the Liberal Democrat leader’s troubles, writes Mary Riddell.

5. Beppe Grillo's antics may yet shake the whole European system (Guardian)

From Italy to Eastleigh, the economics of self-flagellation have set off a wave of wildcat populism, with unpredictable results, writes Simon Jenkins.

6. Negative interest rates mean more pain for savers (Independent)

This suggestion by Paul Tucker, deputy governor of the Bank of England, may sound shocking, but it's a technical device, writes Hamish McRae.

7. Castro pledge is chance for change (Financial Times)

Lifting US constraints on Cuba will speed the regime’s demise, says an FT editorial.

8. Discarding Trident would not aid global nuclear disarmament; it would only imperil UK security (Independent)

It is imperative that discussions on the nuclear deterrent be driven by national security needs, not short-term political considerations, says Lord West.

9. Mr Clegg's voting system and the comedian who's exposed what a joke the euro is (Daily Mail)

Thanks to its proportional representation electoral system, the balance of power in Italy is held by a party whose leader is a stand-up comedian, writes Simon Heffer.

10. Britain's massive debt to slavery (Guardian)

Today the records that detail just how much the trade in humans benefited the UK will be made public, says Catherine Hall. 

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Andy Burnham's full speech on attack: "Manchester is waking up to the most difficult of dawns"

"We are grieving today, but we are strong."

Following Monday night's terror attack on an Ariana Grande concert at the Manchester Arena, newly elected mayor of the city Andy Burnham, gave a speech outside Manchester Town Hall on Tuesday morning, the full text of which is below: 

After our darkest of nights, Manchester is today waking up to the most difficult of dawns. 

It’s hard to believe what has happened here in the last few hours and to put into words the shock, anger and hurt that we feel today.

These were children, young people and their families that those responsible chose to terrorise and kill.

This was an evil act. Our first thoughts are with the families of those killed and injured. And we will do whatever we can to support them.

We are grieving today, but we are strong. Today it will be business as usual as far as possible in our great city.

I want to thank the hundreds of police, fire and ambulance staff who worked throughout the night in the most difficult circumstances imaginable.

We have had messages of support from cities around the country and across the world, and we want to thank them for that.

But lastly I wanted to thank the people of Manchester. Even in the minute after the attack, they opened their doors to strangers and drove them away from danger.

They gave the best possible immediate response to those who seek to divide us and it will be that spirit of Manchester that will prevail and hold us together.

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