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Newspaper headlines: PM 'will reduce migration' and mortgage rates rise

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The population of the UK is expected to overtake that of France for the first time ever

A number of Friday's papers lead with new figures showing that net migration to the UK stood at 606,000 and hit a record high in 2022.

In its headline, the the government's approach to immigration can be summarised as "no control, no compassion". It quotes one opposition MP who says ministers have created a "climate of intolerance amid utter incompetence". The the prime minister has sent an unequivocal message to its readers that his government "must and will" cut the number of people moving to UK.

The that leaked documents show the government has drawn up plans to deport more than 3,000 asylum seekers every month from January under the provisions of the Illegal Migration Bill, which is currently making its way through parliament. The paper says ministers could face "crippling legal action" if they pursue the plans and calls the document the "first detailed glimpse of the scale of the task facing Whitehall if it is to implement" the bill.

A call to cut the number of foreign students being offered places at UK universities is the focus . The paper quotes immigration minister Robert Jenrick, who speaking in the House of Commons on Thursday said it "isn't right that universities in some cases are in the immigration business rather than the teaching and education one".

The the migration figures mean that the UK population is on course to overtake that of France for the first time. And the Daily Telegraph cartoonist Matt has drawn two people in the Â鶹ԼÅÄ Office saying: "We have a plan to slow down immigration. We're going to ask Border Staff to go on strike again."

The reports that data published this week showing inflation remains high has thrown bond markets "into chaos" and pushed Britain's borrowing costs to the highest in the G7 for the first time since the 2007 crash. The paper says Nationwide, Lloyds, Virgin Money and Halifax all increased their mortgage rates in response, and quotes the chief investment officer of Legal & General - the country's largest asset manager - saying the company is not currently making long-term investments in the UK debt market because of a "lack of a clearer [economic] narrative".

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Protesters from campaign group Just Stop Oil threw orange powder over one of the gardens at the Chelsea Flower Show on Thursday

GPs are to be offered financial incentives to recruit patients for medical trials as part of a £650m package intended to lure pharmaceutical giants to Britain, according . The paper says it comes after a fall in clinical testing as the NHS struggles with Covid backlogs, and that the country's £94bn life sciences industry is seen by the government as an "engine for growth in a sluggish economy".

And the pictures of two protests carried out on Thursday. At the Chelsea Flower Show, environmental protesters from campaign group Just Stop Oil threw orange powder over one of the gardens, while on the King's Sandringham estate a group of animal rights activists took three lambs. The paper's headline asks: "Will anyone stop these eco-clowns?", while veteran Tory MP Peter Bone is quoted saying parliament may have to bring in stronger punishments to discourage such protests.