Fallout from Chancellor Rishi Sunak’s spending review and the death of Diego Maradona lead Thursday’s papers.

The Guardian reports the pandemic has resulted in the nation experiencing its biggest economic slump in 300 years, with forecasts showing the UK is set to contract by more than 11% this year.

The Daily Telegraph, The Times and i lead with Mr Sunak’s warning that Britain’s Covid-induced economic emergency “has only just begun”.

The Chancellor used his announcement to brace Britain for years of tax rises, according to the Daily Mail.

The Financial Times reports borrowing has hit £394 billion.

Meanwhile the Daily Express takes a more positive view of the spending review, leading with the chancellor’s pledge to “deliver on your priorities”.

Elsewhere, Metro, Daily Mirror and Daily Star all lead with the death of Argentina’s 1986 World Cup hero Diego Maradona.

The Sun says Maradona died of a heart attack at home just weeks after undergoing brain surgery.

And The Independent leads with Government ministers pledging almost £10 million to improve the safety of the nation’s maternity wards.