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Friday's front pages focus on the fate of those on the Titan submersible, as officials declared all five explorers dead after a "catastrophic implosion".

"Titanic claims lives of five more victims" is .

Several papers picture the five explorers who died: British businessman Hamish Harding, 58, British-Pakistani businessman Shahzada Dawood, 48, his son Suleman, 19, French navy diver Paul-Henry Nargeolet, 77, and OceanGate CEO Stockton Rush, 61.

Shahzada and Suleman Dawood's family have since spoken of their "profound grief", and Hamish Harding's family described him as a "dedicated father".

the five men on board had "no chance", as five parts of the submersible were found approximately 1,600ft (500m) from the bow of the Titanic wreck.

Meanwhile, and quotes Foreign Secretary James Cleverly as saying that the government is closely supporting the British families affected.

The Financial Times leads with the Bank of England's decision to raise interest rates by half a percentage point. after the US Federal Reserve skipped a rate increase last week for the first time in a year, and the European Central Bank implemented a rise of just a quarter percentage point.

The Guardian's headline . It says markets are forecasting that the Bank of England will have to keep the base rate above 6% from December to June next year. It quotes the economist Ruth Gregory - from the consultancy Capital Economics - as saying that this will "trigger a recession", which is "required to reduce inflation".

as it reports on the cumulative effect of recent rate rises, meaning that those who are not on a fixed rate are typically paying £6,300 more annually for their mortgages than they were two years ago.

for Nato's top job. According to the paper, some of the defence secretary's allies have said US President Joe Biden "thwarted" his ambitions by failing to endorse Mr Wallace's candidacy. The paper goes on to say that senior figures in Whitehall feel "badly let down" by the snub.

A number of papers consider who would win if billionaires Elon Musk and Mark Zuckerberg fought each other - as they have agreed to do. there can be only one winner; it quotes the combat-sports journalist Nick Peet as saying "Zuckerberg all day".

at Royal Ascot after his horse, Desert Hero, won the King George V stakes. The paper says he watched the horse - which was bred by his mother, the late Queen - "keep her dream alive", at what was said to be her favourite racing event.

And staying at Royal Ascot - the jockey Frankie Dettori - is on a number of the back pages. "Golden Finish" - as Dettori won a ninth Gold Cup aboard Courage Mon Ami - riding in the race for a final time before he retires in the autumn.