'Labour risking 'lost generation' and 'Britain's gone balmy!'

The Daily Mail describes Alan Milburn's report on youth inactivity as "sobering", and warns that the UK is already in a worse position than Greece, France and Spain. Writing in the Sun, Milburn calls it a "quiet crisis happening in homes across Britain". He acknowledges what he calls the government's "serious steps in the right direction", but stresses these changes must now "add up to something bigger". In an article for the Times, Prime Minister Sir Keir Starmer advocates for a "truly national endeavour" to deliver a "new deal for young people". The founder of the Big Issue, Lord Bird, writes in the daily that the government must confront the link between growing up in poverty and difficulties securing employment or education.

Sources have told the Guardian that the UK's vetting agency flagged Lord Peter Mandelson's "associations" with senior figures in China, Russia and Israel shortly before he became Britain's ambassador to the US. Separately, the Daily Telegraph understands messages to be released next week are expected to show that the peer gave advice to Cabinet ministers while he was in the role. Whitehall sources tell the paper he was not usually consulted on policy issues unless they related to the US. The peer is under criminal investigation over allegations of misconduct in public office and has repeatedly let it be known that he believes he has not acted criminally, did not act for personal gain and is co-operating with the police.

The Financial Times says President Trump's Board of Peace, which he's hailed as one of the "most consequential" international organisations created, has no money in its official fund - despite $17 billion being pledged. The paper has been told that the board has received donations via its JPMorgan account, rather than into a fund administered by the World Bank. A Board of Peace official tells the FT that a "number of options were established to receive funding".

According to The i Paper, Armando Iannucci, the co-creator of the sweary BBC political satire The Thick of It, is set to pen the next Paddington film. The paper warns that the bear "could be in for a more intense dressing-down than Mrs Bird's mild scolding". The Guardian notes Paddington is "about to develop a particularly hard stare".

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