Fannie and Freddie on front pages

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"The world's biggest financial bail out" makes headlines in Monday's newspapers.

That is how the Daily Telegraph describes the take-over of mortgage giants Fannie May and Freddie Mac by the US government.

The Independent says "the Bush administration ripped up years of laissez-faire economic policies" by stepping in to the housing market.

While the Financial Times says the move was "the most dramatic since the start of the credit crisis".

'Week from hell'

The woeful weather casts a cloud over the papers and the Daily Mirror asks, "Will it ever stop raining?"

Not this month, the Sun replies, claiming the whole of September will be ruined by torrential rain.

The Daily Mail warns readers: "Get ready for the week from hell. Northern England faces two weeks of unsettled and potentially disastrous weather."

Taking it even further, the Daily Express predicts "havoc", saying, "The tail-end of a hurricane is set to batter Britain."

'Personal' politics

Gordon Brown's latest attempts to silence his critics and reassure those facing economic hardship draws mixed coverage.

"This time it's personal, as Brown takes on doubters" within his own Cabinet, the Times writes. "He has no intention of going quietly."

But in the Guardian, Shadow Chancellor George Osborne accuses Mr Brown of "micro-manipulation" of the economy.

He says that as a result no-one now "has a clear idea of what the true state of the national debt is".

Robbed or reckless?

The papers react to the news that Lewis Hamilton was stripped of his Belgian Grand Prix win by Formula One stewards.

He was "robbed of victory", the Sun says, after being judged to have gained an unfair advantage on a corner.

The Times, on the other hand, believes he could have waited to overtake rival Kimi Raikkonen and avoided trouble altogether.

"But racing drivers are not wired that way. Hamilton's competitive juices kicked back in and he did what came naturally, and relished it."