lebanese authorities say meanwhile, lebanese authorities say an israeli drone strike killed two people outside the southern lebanese town. hello, i'm samantha simmonds. the chancellor, rachel reeves, is set to scrap some major infrastructure projects as she looks to plug a £20 billion black hole in the public finances, left by the conservatives. in a speech later, she'll accuse the previous government refusing to make difficult decisions. here's our business correspondent marc ashdown. the chancellor is said to be genuinely shocked at the state of the public finances she's inherited from the conservatives. she's accused them of covering up the true scale of the issues — a black hole estimated at £20 billion — and then running away. today, rachel reeves will outline how she plans to, in her words, fix the foundations. it starts with public sector pay.

the bbc understands she will accept pay recommendations, which are billions of pounds above what she's budgeted for. the calculation, the disruption from prolonged industrial action, is far more damaging to the economy than digging deep now for above—inflation pay rises. but it comes at an immediate cost. transport projects will be paused, cancelled or reprioritised. borisjohnson�*s new hospital programme may also be reviewed. to get the public finances back on track in the longer term, ms reeves is expected to commit to no more than one majorfiscal event per year — she says to put an end to surprise budgets, which can unsettle the markets and family finances. she will establish a new office for value for money to cut down on waste and ensure all government spending delivers value. and she will underline the new legal requirement for the independent office for budget responsibility to scrutinise any major tax or spending announcements. analysts, like the institute for fiscal studies, have been warning

about the extent of the task ahead for many months, and are sceptical at how much of this is really a surprise. at the broad level, at a high level, we always knew that there was going to be this crunch in terms of public spending. everybody knew that the public services were struggling, they'd need more money. at that high level, none of this is a surprise. the conservatives said ms reeves is lying to the british taxpayer and is trying to con people into believing the need for big tax rises. in its manifesto, labour pledged not to touch major taxes, like income tax, national insurance and vat. and ms reeves is not expected to suggest tax rises will be required at this stage. but areas like courts, prisons, further education and local council budgets could come in for a spending squeeze in a bid to save money. applause. the chancellor is promising to level with the public and tell the truth and take the difficult decisions, which she says might be painful now but will lead to every part

of the uk being better off. marc ashdown, bbc news. here's our political correspondent nick eardley. throughout the election campaign and in the election debate on the tv here on the bbc news channel, we were talking about there being a spending squeeze, saying that the next government, whatever stripe it was, would have to make some difficult decisions. you might remember that labour and the conservatives were both pretty reluctant to talk about that. i think there will be some raised eyebrows today about just how much is a surprise. however, when you speak to people in government, in downing street, in the treasury, they are absolutely adamant that there are things they didn't know about, things that have happened since the last office for budget responsibility report

in march, extra pieces of spending that were committed to by the last government that hadn't been properly funded. have a listen to pat mcfadden, a labourfrontbencher on bbc breakfast this morning. it is true that we knew we would inherit a tough situation, but what we found in the few weeks since we took off is that it is even tougher because there were things that we found that weren't revealed before the election. that is what lies behind today's statement from the chancellor, and it is going to mean some tough decisions because when we fought the election we said we would put financial stability first. the public expect us to stick by that and that's what we'll do. so there will be more questions today about whether this is all a surprise. we will get a document of about 30 pages from the government later which will be going through to check whether any of this stuff would have been known beforehand. a couple of things to put on the table, which government

sources are flagging up to be things that they say are new, that they didn't know before the election, like public sector pay deals being well above inflation. ministers will turn around and say that by funding that which we expect them to do they face a bigger bill. people are also pointing towards the home office and saying that the asylum system was spending a lot more money than had been allocated. so that is a couple of examples. there will be more later but if you listen to pat mcfadden, difficult decisions. that will be another big issue, what difficult decisions is the government prepared to take? two to watch out for, are they going to cancel new hospitals? that is something that seems likely. the government is saying that if there isn't capital funding already for a new project in the nhs, then they won't go ahead. let's see what happens. that tunnel under stonehenge which has been a bit on and off, not going to happen, that will be canned this afternoon. so there are some unpopular decisions that the government

is going to take but what they are trying to persuade us all is it is not their fault, it's the last government's fold because of how it left the books. breaking news from the olympics and team gb�*s tom daley and noah williams have won a silver medal. china took gold. it is the first silver medal to go with his three bronze and one gold for williams. it is the first ever olympic medal in his second games appearance of a fantastic appearance for them. tom daley only came out of retirement for this game is because his little boy wanted to see him dive in the olympics. it's day three of the olympics, and an update on some breaking news we brought you a short time ago.

a lot of rain including during the opening ceremony, for the last couple of days. but we are monitoring very closely. the volume of the sun is going down very rapidly and the weather forecast is bright and shiny. it is going to be hot. so we are confident we will be able to hold even though cancel the familiarisation this morning. the competition tomorrow and wednesday and we still have a contingency plan thatis and we still have a contingency plan that is in place for friday, just in case, but, as far as we are concerned, still confident to be able to hold the competition tomorrow. venezuela's electoral authority says president nicolas maduro has been re—elected for a third term. according to the official count based on 80% of the ballots, mr maduro won about five million votes, compared with some four million for the main opposition candidate,

edmundo gonzalez. the venezuelan opposition are alleging widespread fraud in the counting of votes. edmundo gonzalez. the venezuelan opposition are alleging widespread fraud in the counting of votes. ione wells reports from caracas. translation: there must be respect for the popular will. which country in the world after receiving 930 criminal edmundo gonzalez. to call elections? we called them. they were carried out in an exemplary manner and i can say before the people of venezuela and before the world, i am nicolas. president maduro claiming victory for a third time, asking people to respect the will of the people. the question the opposition are asking is, has he? "freedom, freedom". emotional cries as the polls closed at one polling station in venezuela, in an election where many were voting for change. translation: today, the people of venezuela are determined that these people

leave power immediately. there has been outrage after outrage, violation of human rights, extrajudicial executions, excessive emigration, the largest emigration in latin america without having had a war. it has to be fair because the people are already tired. that is why we are all here waiting for a change. we hope that the justice is done. they wanted change from president maduro. his party has been in powerfor decades. he still has some loyal supporters. translation: there are many things, the benefits, help for people like me with disabilities. there are many things that we have to take advantage of that no other government has given. this man asked, "why do we support president nicolas maduro? because he is the president of the people, the workers' president,

the one who believes in the working class". the last election win was widely dismissed as neitherfree norfair and again, there are questions. was this? the president's face lining every street. protests and clashes with authorities after some polling stations didn't open at all. huge queues of people waiting to vote, but delays by design. very few let in at a time. all this — buses paid for, free food, handed out, government incentives to come to the president's rallies. the opposition leader, maria corina machado, was banned from running. many of her aides were detained, shops that served her closed down, but she remained confident her replacement, edmundo gonzalez, could win. the opposition claimed fraud before the result, saying many of their observers were not allowed into election counts. a todos los venezolanos.

today we want to tell venezuelans and the entire world that venezuela has a new president elect and it's edmundo gonzalez. we won and everyone knows it. we have won in all sectors. we saw it in the streets. the regime knows what happened. in the next few days, we will announce the actions to defend the truth. long live free venezuela! much was at stake in this election. the economy has been in freefall for more than a decade. more than half the country lives in poverty. millions of venezuelans have fled the country, many to the us, fuelling a migration crisis. the question now is whether any of that will change. ione wells, bbc news, in caracas. earlier i spoke to our latin america reporter mimi swaby for the latest. the public face of the opposition coalition. maria corina machado hasjust said, we will keep fighting.

we will stand firm until every last vote is counted. she's urged her supporters to stay in those voting centres until 100% of these votes have been counted. she's also said we won. everyone knew it. this was so overwhelming, so big that it's all across the country. even exit polls were suggesting the opposition had a very large lead ahead of nicolas maduro. so there really is a lot of upset and now concern about what happens next, she said. or urge people, their supporters again, to go into the streets peacefully. nicolas maduro has said these elections will not end in violence, although now worries are turning to mass protests, which could in turn trigger a political crackdown. as we've seen with past elections, just like in 2018, where nicolas maduro enjoyed another win, many, including the us, said this was a stolen election. fraud was in play. there was a political crackdown then and history may repeat itself. we may see people take to the streets. they already have the argentinian,

sorry, venezuelan embassy in argentina with people angry, throwing, kicking, trying to get into the building. but this is just the start of what could be a very tense and emotional few days for venezuelans. and what's the international reaction been to this result? leaders across latin america and beyond have been condemning what they see as a stolen election. uruguayan president said this was an open secret he was going to win. nicolas maduro was going to win no matter what the actual results were. across argentina, bolivia, uruguay, chile, all these places are calling for transparency. even the us secretary of state has said they want the information to be shared without delay with the opposition and independent observers, so that the vote tables can be verified, and that this win can actually be seen as a true win for maduro, because at the moment, the only country to congratulate

nicolas maduro on his third six—year term has been china, who actually praised the smooth handling of this election. in reality, this has been a fraught election, very pivotal elections where tensions, emotions havejust been increasing in the run up to sunday's vote and they will not be being dispelled anytime soon. the us secretary of state antony blinken has met his counterparts from japan, australia and india in tokyo known as the quad, the group is expected to issue a joint statement calling for a "free and open" pacific in a rebuke to china. these were the first quad talks since september. north korean missile launches and cybersecurity were also reportedly on the agenda. around the world and across the uk. this is bbc news.

a man has been detained in northern france. he is described as a firelight activist let's speak to our correspondent in paris who is more with this. 50. our correspondent in paris who is more with this.— our correspondent in paris who is more with this. so, this happened esterda more with this. so, this happened yesterday at _ more with this. so, this happened yesterday at place _ more with this. so, this happened yesterday at place south - more with this. so, this happened yesterday at place south of - more with this. so, this happened yesterday at place south of paris i yesterday at place south of paris where there is a big shunting yard. it seems that the man seen acting suspiciously the bison staff, police were called. they in his car, various tools which could have been used for vandalising equipment and also keys. a universal access key which would have given him access to parts of the station which is normally off limits to the public. police also said that this man is known to them. that he is a far left activist and that he has, in the past, trespassed on the property. it seems to fit in to a bit of a

pattern. it may be that he has no link with what happened on friday but it looks like the same kind of motivation. a man on the far left who wants to embarrass the government because he hates the olympic games and all that it stands for and is chosen this as his target. in this case, it was foiled, as was, indeed, one of the tax, last friday. as was, indeed, one of the tax, last frida . �* , . ~ as was, indeed, one of the tax, last frida. �*, ., ~ ., friday. let's talk about the olympics _ friday. let's talk about the olympics and _ friday. let's talk about the olympics and the - friday. let's talk about the olympics and the river- friday. let's talk about the i olympics and the river seine friday. let's talk about the - olympics and the river seine which is polluted once again, forcing the cancellation of swimming training by triathletes. ~ ., ., , triathletes. what are they saying about it? well, _ triathletes. what are they saying about it? well, it— triathletes. what are they saying about it? well, it is— triathletes. what are they saying about it? well, it is the - triathletes. what are they saying about it? well, it is the second l triathletes. what are they saying i about it? well, it is the second day in a row the training has been cancelled. it is all because of the heavy rain that we saw on friday. saturday, for that matter. around the time of the opening ceremony it was a dell uti. we all know that the

rain is, you know, the complicating factor all of this because it brings into the river a lot of effluent so it is bad news but the olympic committee, the organisers are optimistic that things will be ready in time for the actual event. right now, as you can see, it is absolutely glorious. they 48—hour is before the river is back again. exciting news for team gb in the past few minutes. tom daley and his partner had taken silver in the diving. partner had taken silver in the divina. ~ �* ~' ., ., diving. well, i didn't know that. breakina diving. well, i didn't know that. breaking news _ diving. well, i didn't know that. breaking news for _ diving. well, i didn't know that. breaking news for you, - diving. well, i didn't know that. breaking news for you, too. - diving. well, i didn't know that. - breaking news for you, too. everyone is very excited about it here. i will let you catch up to get up to date on all the action at the olympics. thank you. thank you. officials in north—west pakistan say at least 42 people have been killed in a land feud between two tribes. the clashes in khyber pakhtunkhwa province involved both sides using machine guns and mortars. the latest violence began when a gunman opened fire at a meeting negotiating a decades—long dispute

about farm land. israel's security cabinet has authorised the prime minister, benjamin netanyahu, to decide on the "timing and manner of response" to a rocket attack in the occupied golan heights on saturday. israel has blamed hezbollah for the attack and vowed, mr netanyahu saying that hezbollah would pay a heavy price. on sunday, funerals were held for some of the 12 young people killed when the rocket hit a football pitch in a town close to the border. there are fears that the strike, in the town of majal shams could ignite a regional war. paul adams reports from israeli—occupied golan heights. through the streets of majal shams, the coffins came one by one. a town reeling in shock, consumed by collective grief, terrified about what happens next. for months they feared a disaster, but they never imagined it would take away their children. at the football pitch

where they all died, moments of silent reflection. efforts to comprehend the speed of this tragedy. a playground transformed in an instant into a place ofjagged metal, discarded belongings and in the corner the blood of the victims. we are told that a siren sounded just seconds before the rocket landed here and blew the fence right back. and look, just outside the pitch, metres away, there is a bomb shelter, but the children on the pitch, those watching, those on their bikes and scooters had no time to react. the mood changes as government officials arrive to pay their respects. there is real anger now, even from one man in uniform. they have been bombarding us for ten months, he shouts. "my children are crying every day." after thousands of hezbollah rockets since last october,

people here just want it all to end. when israel's hardline finance minister shows up, some urge the government to strike back hard. but others turn on him. "get out of here, you criminal," one says. the government has yet to decide how to respond. the army says it just needs the word. we are ready. we said we are ready for several weeks or even months and we continue to be ready and every day that is passing we are preparing more and more. but in this druze minority town, captured from syria in 1967, such talk is causing anxiety. i am afraid for the consequences. if this happened yesterday, what about tomorrow if it happens, if it gets to an all—out war? it is going to be pretty tough. a lot of people are going to die. on all sides. this boy was ten years old, the youngest victim. his uncle and cousins struggling

to comprehend his sudden loss. he is loved by everyone. his family says the war which killed him has to end. our correspondent yolande knell, sent us the latest from jerusalem. i mean, what we've heard is that the israeli security cabinet has basically authorised the prime minister and the defence minister to decide on the appropriate response and the timing of that response to that rocket strike on saturday. and the country is still very much reeling from this attack in the israeli occupied golan heights. the israeli newspapers have the pictures of the 12 children aged between 10 and 16, who were killed on saturday. israel's blaming the powerful lebanese group his brother

for what happened, saying it used a missile. hezbollah continues to deny its responsibility. the threat from israel is that it's going to exact a heavy price from hezbollah for what happened. what we've seen yesterday and today has really been a continuation of the cross—border attacks, relatively low level, that have gone on since the 8th of october, when hezbollah said it was beginning to fire at israel in solidarity with hamas in gaza. but the expectation from israeli military commentators is that something much more serious is being planned. they're saying that there could be an attack on on a major hezbollah target deep inside lebanon. they're saying there's a possibility that even israel could strike at lebanese civilian infrastructure. the risk, of course, is then what response would come from hezbollah, which has a very big arsenal of longer range rockets? you've got international diplomats all getting involved to try to urge restraint, to try to stop another all out war developing at the same time as the war is continuing

to rage in the gaza strip. we have been told one of those diplomats, the us secretary of state antony blinken has held a phone call with the israeli president in which he expressed condolences for those killed and injured. we are confirming the us�*s ironclad commitment to israel's safety and emphasise the importance of preventing escalation of the conflict. scientists say they have new scientists say they have new evidence to back up their theory that the first life on earth began one—and—a—half billion years earlier than previously thought. they say they detected an explosion of the nutrients needed to support life, including oxygen and phosphorous, two—point—one billon years ago. the single—cell organisms would have been similar to slime. not all scientists agree,

they say more evidence is needed. stay with us here on bbc news. we start this new week with very warm or even hot weather. tomorrow could reach 32 celsius somewhere in the south—east of england, making it the warmest day so far. but mid week we see a thundery breakdown and by the end of the week it will be fresher with sunshine and showers. high pressure very much in charge, or whether bumping into it and weakening but it will produce a band of cloud and some light rain. ahead of that one or two showers getting to us from scotland and northern ireland. a lot of dry weather for the rest of the uk. a fair bit of sunshine, just some

fair weather cloud bubbling up. temperature 22 in aberdeen, 23 in newcastle to 28 and 29 in london. these are the sea temperatures around the shores. 1a to 18 degrees, a little bit chilly. into this evening and overnight the weather front continues to drift from the north—west, heading south eastwards but weakening all the time and will tend to fizzle by the end of the night and we looking at clear skies with some patchy mist and fog forming across south—west england. it is not going to be cold night, overnight lows ii to 15. tomorrow, the remnants of that weather from producing the cloud with be with us but it will break further in the day. windy across the far north of the country especially shetland, here too we could catch the shower. temperature—wise, we are looking at 21 in aberdeen, 20 in belfast, 26 in birmingham and potentially 31 or 32 celsius in the south—eastern quarter.

on wednesday, a bit of thundery breakdown in southern areas, through the english channel and southern and south—eastern counties but a lot of cloud across the north—east of england and north—east scotland, making it a grey day. but a lot of dry weather, just not as warm or hot. highest temperature is about 26. then as we head on from thursday into friday, we still have some thunderstorms around but by the end of the week low pressure starts to take overfrom high pressure. so on thursday itself again, humid, low cloud and showery rain and some of that turning thundery and beyond that it is a mixture of sunshine with showers.

broke britain. there's a multi—billion pound hole in the uk's finances — claims the chancellor of the exchequer rachel reeves. two decade's after concord plus glasslike, we speak to the ceo hoping to bring back supersonic flight.

a multi—billion dollar hole in the uk finances. that is the bombshell we are expecting to hear from rachel reeves and a few hours. the conservative party says she is trying to calm the british public so that she can raise taxes, something labour promised not to do. let's take a look at some of these numbers. £20 billion, that is the big number being widely reported as the potential shortfall through tax revenues coming in and spending going out. here's one majorfactor behind it, public sector pay. independent pay review bodies have recommended a 5.5% pay rise for teachers, nurses and other nhs staff in line with workers elsewhere in the economy. if, as expected, the chancellor agrees to that, it will cost the treasury an extra £3.5