hello, i'm ros atkins. this is outside source live from westminster. we are digesting the giving of the rules for the process for the next prime minister of the uk. eleven candidates are now in the running to be the next leader of the conservative party and british prime minister. we now know what the rules of the leadership contest will be. and the candidates have been setting out why they want change. this is a wake up and smell the coffee moment. sleaze, scandal,

internal warfare — we have seen this movie before, and we know how it ends. tax cuts is the issue dominating the contest so far. we'll look at what the candidates are saying they'll do if they win. we'll also look at the crisis in sri lanka. the president has confirmed he will step down after protesters stormed his palace. and we'll look at twitter�*s share price, which has fallen sharply after elon musk pulled out of his takeover attempt. let's start by continuing to get reaction to what we have heard, that this process will be down to two by next week. there is a threshold of 20 mp5 next week. there is a threshold of 20 mps for any contender to get into the first round, and have to get their applications in by tomorrow evening. also, people get the winner

of the entire process, the person who will become the next prime minister, by the 5th of september. that speak to an mp who resigned last because first hit of the conservative party. being quite a few days since that happened. yeah, quite a lot has happened since then. how do you assess where we have rates? , ., , , �* how do you assess where we have rates? ,., _ �* , rates? obviously, i'm supporting rishi sunak- _ rates? obviously, i'm supporting rishi sunak. it _ rates? obviously, i'm supporting rishi sunak. it is _ rates? obviously, i'm supporting rishi sunak. it is important - rates? obviously, i'm supporting rishi sunak. it is important to i rates? obviously, i'm supporting| rishi sunak. it is important to say that so far the contest has been conducted in a sensible manner and hopeful that will continue. rishi sunak is quite simply the best care for thejob. sunak is quite simply the best care forthejob. he is sunak is quite simply the best care for thejob. he is experienced, he is really able committee can bring together a team, he is a true conservative and critically, more important than any of that, he understands the economy and economic difficulties that frankly are not just in this country but across the whole western world at the moment, and the other reasons why am supporting him. 50 and the other reasons why am suworting him-— and the other reasons why am supporting him. so why is out of s nc with supporting him. so why is out of sync with all _ supporting him. so why is out of sync with all the _ supporting him. so why is out of sync with all the other _ supporting him. so why is out of. sync with all the other contenders on tax? �* ., ., ., , , ., ~ sync with all the other contenders on tax? �* ., ., ., ,, .,~ ., on tax? i'm not going to speak for an one on tax? i'm not going to speak for anyone else.--- — on tax? i'm not going to speak for anyone else,... and _

on tax? i'm not going to speak for anyone else,... and a _ on tax? i'm not going to speak for anyone else,... and a lot - on tax? i'm not going to speak for anyone else,... and a lot of- on tax? i'm not going to speak for anyone else,... and a lot of them| anyone else,... and a lot of them are seeing — anyone else,... and a lot of them are seeing if— anyone else,... and a lot of them are seeing if you _ anyone else,... and a lot of them are seeing if you are _ anyone else,... and a lot of them are seeing if you are a _ anyone else,... and a lot of them are seeing if you are a true - are seeing if you are a true conservative, you have got to be committed to low tax. they point to rishi sunak and sue, look what has happened to tax in the last couple of years. happened to tax in the last couple of ears. ., , happened to tax in the last couple of ears. ., . m of years. last time i checked, ulobal of years. last time i checked, global pandemics _ of years. last time i checked, global pandemics don't - of years. last time i checked, l global pandemics don't happen of years. last time i checked, - global pandemics don't happen all the time. when you have to spent over £450 billion putting your arms around the country during a covid crisis, that means that the government is spending a lot of money. what rishi sunak has set out is a very clear commitment to seeing we are going to cut taxes, we are going to have a smaller government, but we are going to do that in a way that doesn't lead to an increase in inflation, but you will know that it's running about over 10%. i do it's running about over 1096. i do know that, _ it's running about over 1096. i do know that, but _ it's running about over 1096. i do know that, but that _ it's running about over 1096. i do know that, but that is _ it's running about over 10%. i do know that, but that is one of the reason why any new government has continued significant resources. you have got the war in ukraine come all the military aid, managing the cost of living crisis, the challenges that come with the global supply chain issues, as well as the after—shocks from covid. how does

that fit, do you think with what rishi sunak is offering for the economy?— rishi sunak is offering for the econom ? ~ . , , rishi sunak is offering for the econom 7. . , , . economy? what it fits with his... we absolutely need _ economy? what it fits with his... we absolutely need more _ economy? what it fits with his... we absolutely need more resources, - economy? what it fits with his... we | absolutely need more resources, that is why his ideas are set out broadly as we know more capital, we need more ideas, we need more people. we need a thriving, high productive economy. doing that over the medium and long term will increase our economic growth, and that is a bb pay for things that we need. but in the shorter term, we need to be entered on government spending, not spend too much. increase prices —— spending too much will increase prices. we need to think about how we cut taxes for ordinary people. that is what we have done so far. rishi will set out in detail how he will do that in the coming days. you will do that in the coming days. you will know that _ will do that in the coming days. you will know that rishi sunak because had a reasonably bumpy few months. he was found by the police over a downing street gathering, questions about a green party held in the

years, questions about his wife's tax status. none of us are putting you off? tax status. none of us are putting ou off? ., ., . , tax status. none of us are putting ou off? ., ., ., , , tax status. none of us are putting ouoff? ., ., , , , you off? no. two reasons. first is that being — you off? no. two reasons. first is that being prime _ you off? no. two reasons. first is that being prime minister - you off? no. two reasons. first is that being prime minister is - you off? no. two reasons. first is that being prime minister is a - you off? no. two reasons. first is that being prime minister is a top| that being prime minister is a top job, as everyone recognises. you go through the fire. rishi has been tested. she has been through the fire and he has come through it stronger. and i think that level of scrutiny that he has already had a truly important for anybody in the conservative party who wants to be prime minister. the second thing is that he has shown he is —— with absolute integrity and decency as a person. he is a very decent person,... is person. he is a very decent person-u— person. he is a very decent person,... person. he is a very decent erson,... n, , ., person,... is also the person who stood by boris — person,... is also the person who stood by boris johnson _ person,... is also the person who stood by boris johnson to - person,... is also the person who stood by boris johnson to any - person,... is also the person who - stood by boris johnson to any number stood by borisjohnson to any number of scandals by the integrity of the government of the prime minister and the government was in question. now you are saying he is a different person to the person whose government he has been supporting... i didn't make any comment about borisjohnson. i didn't make any comment about boris johnson._

i didn't make any comment about borisjohnson. . , , ,, .,~ boris johnson. yeah, but rishi sunak has been part — boris johnson. yeah, but rishi sunak has been part of— boris johnson. yeah, but rishi sunak has been part of boris _ boris johnson. yeah, but rishi sunak has been part of boris johnson's - has been part of borisjohnson's government, he has been actively supporting this kind of leadership in government for the past couple of years. in government for the past couple of ears. ., u, in government for the past couple of ears, ., u, ., " in government for the past couple of ears. ., ., ~ ., , in government for the past couple of ears. ., ., ~ ., years. you can talk to boris johnson about the way _ years. you can talk to boris johnson about the way he _ years. you can talk to boris johnson about the way he has _ years. you can talk to boris johnson about the way he has conducted - about the way he has conducted himself, and she had what i had to say about that when i design, but as far as rishi is because can't come here someone with integrity and decency, with the experience, the knowledge, to deal with economic problems that are unfortunately with us as a country. we can't put some of the untested and that he doesn't have a very acute understanding of the problems, and rishi understand...— the problems, and rishi understand... ., ~ , ., , the problems, and rishi understand... ., ~ , . understand... thank you very much for understanding. _ understand... thank you very much for understanding. talking - understand... thank you very much for understanding. talking about i understand... thank you very much | for understanding. talking about the contenders, talking about the process that's graham brady has outline. if you miss what he said, he is in charge of the 1922 committee, but terms of the leadership contest. here are some some of the details again. the 1922 executive met _ some of the details again. the 1922 executive met this _ some of the details again. the 1922 executive met this afternoon, - some of the details again. the 1922 executive met this afternoon, and i j executive met this afternoon, and i have since met with the abort of the

conservative party, we have agreed a way forward for the leadership election. nominations open and closed tomorrow. we will have the first ballot on wednesday and a second ballot is likely on thursday. we expect 20 supporters for each candidate, a proposer and a second, who will be public, and 18 others. he will also expect that on the first ballot, any candidate to proceed must have won at least 30 votes from parliamentary colleagues. what you make of this? it is interesting. clearly, he was defending some of the decisions that they have made, most notably the fact that any candidate will need at least 20 nominations to get through to the voting grounds, and he said

this would strike the right balance between allowing this process to happen pretty quickly, given mps are going on their summer break and just two weeks, but also not discriminating against newer mps who may be less known. we know for example that rishi sunak has the most public backing so far from other mps, and it is a concern that some mps that have, so the lesser—known mps might not have a chance of getting through to that first run. ~ ., chance of getting through to that first run. ~ . ,, ., ~ ., first run. what did you make of the date that he _ first run. what did you make of the date that he settled _ first run. what did you make of the date that he settled on? _ first run. what did you make of the| date that he settled on? september the 5th? there — date that he settled on? september the 5th? there was _ date that he settled on? september the 5th? there was a _ date that he settled on? september the 5th? there was a certain - date that he settled on? september the 5th? there was a certain doubtl the 5th? there was a certain doubt over whether it be by september there for. clearly, what this means is that is going to be like a very long period where we are just down to two candidates, which means essentially those first few rounds of voting between mps, which are starting this coming wednesday, will mean that is very quick. what is going to be interesting seeing the time that this book then give those final two candidates over the summer

to thrash this out until a new prime minister in early september come in time for the first prime minister's questions. mt; time for the first prime minister's questions. ~ , ., , time for the first prime minister's questions. g . , , , questions. my ears pricked up when he said we are _ questions. my ears pricked up when he said we are having _ questions. my ears pricked up when he said we are having two _ questions. my ears pricked up when he said we are having two votes - he said we are having two votes suspect, because i was thinking if you have a threshold of 20 and you have two rounds, by the weekend, we could be very close to that final term. ., �* , could be very close to that final term. . �* , ., could be very close to that final term. . �*, ., ., , term. that's out. the idea behind this was certain _ term. that's out. the idea behind this was certain to _ term. that's out. the idea behind this was certain to speed - term. that's out. the idea behind this was certain to speed up - term. that's out. the idea behind this was certain to speed up this. this was certain to speed up this process. not only will mps need 20 backers to get into that first round of voting, but also points out first round is at the way, any candidates proceeding to the next it will have needed to get the votes of at least 30 parliamentary colleagues. there's quite a significant way in which those candidates can be narrowed down in that first dates. as you say, by next week, but could looking at a much smaller pool of candidates.— at a much smaller pool of candidates. ~ ., , ., candidates. where does labour fit into this? last— candidates. where does labour fit into this? last week— candidates. where does labour fit into this? last week it _ candidates. where does labour fit into this? last week it was - candidates. where does labour fit into this? last week it was seeing j into this? last week it was seeing call a vote of no confidence of the conservatives get borisjohnson in position for several weeks. the?

conservatives get boris johnson in position for several weeks. they are sa in: position for several weeks. they are saying they — position for several weeks. they are saying they are _ position for several weeks. they are saying they are going _ position for several weeks. they are saying they are going to. _ position for several weeks. they are saying they are going to. it - position for several weeks. they are saying they are going to. it will - position for several weeks. they are saying they are going to. it will be l saying they are going to. it will be interesting to see her liberal respond though this is confirmed and for that they will still want to push ahead. clearly, as you say, labour and other opposition parties have been saying that it is inappropriate for the prime minister to remain in post for the next couple of months, saying he doesn't have the authority of parliament, doesn't have the authority of his own mps. so, interesting to see what exactly they do call for having had that statement. but today, i think the focus of sir keir starmer come and be heard from ella, a certain of no confidence if the conservatives kept borisjohnson in position for several weeks. they are saying they are going to. it will be interesting to see how liberal respond though this is confirmed and for that they will still want to push ahead. clearly, as you say, neighbour and other opposition parties have been saying that it is inappropriate for the prime minister to remain in post for the next couple of months, saying he doesn't have the authority of parliament, doesn't have the authority of his own mps. so, interesting to see what exactly did you call for having had that statement. but today, i think the focus of sir keir starmer, on behalf of miller, but certainly of under different policies, accusing all the different policies, accusing all the different candidates of not costing several pledges they have made. we have got 11 contenders so far. it is

not at the question we might get some more. not at the question we might get some more-— not at the question we might get some more. that's right, graham brady confirmed _ some more. that's right, graham brady confirmed to _ some more. that's right, graham brady confirmed to be _ some more. that's right, graham brady confirmed to be like - some more. that's right, graham brady confirmed to be like other. brady confirmed to be like other nominations to be in by tomorrow evening, so that 24 hours before others could throw their hat in the ring. certainly some of those who have been tempting could the home secretary, who some mps have already backed. ., ., secretary, who some mps have already backed. ., ~ , ., secretary, who some mps have already backed. ., ~' , ., , secretary, who some mps have already backed. ., ~ , ., , . secretary, who some mps have already backed. ., ~ , . ., �*, backed. thank you very much that's works are what _ backed. thank you very much that's works are what we _ backed. thank you very much that's works are what we have _ backed. thank you very much that's works are what we have heard - backed. thank you very much that's works are what we have heard each | works are what we have heard each candidate will need to find a number of conservative mps to back them. in previous contest, this has been it. no longer, this time it is 20. then, the 358 conservative mps will vote for the favourites in a series of elimination round. the first of those will be on wednesdays, and these will narrow the field to two candidates by as early as next monday, certainly by wednesday or thursday next week. once that has happened, the mps have done their work, then it is time for the 200,000 members of the conservative party tojoin in. they 200,000 members of the conservative party to join in. they will choose the winner between those two and the winner will become prime minister... sorry, they will become conservative party leader, and in turn will become prime minister, because the conservatives have a majority in the commons. that person will be announced as the next prime minister

on monday september the 5th. that's have a look at the conservative mps who are in the running to be the next leader of the party and of the country. let's look at the conservative mps in the running to be the next leader of the party — and prime minister. here they are — there's 11 of them. they've all put their name forward, and will now be looking for backing from their fellow mps. let's run through some of the big names you may have heard of. rishi sunak is the former chancellor, who resigned last week. he's currently the bookmakers�* favourite. liz truss is the foreign secretary. she's popular with conservative party members. grant shapps is the transport secretary. he has been a strong ally of borisjohnson during his time as prime minister. nadhim zahawi is the newly appointed chancellor. he cemented his reputation as vaccines minister during the pandemic.

jeremy hunt is a former health and foreign secretary. he came second to borisjohnson in the 2019 leadership contest. and sajid javid is the former health secretary — he resigned minutes before rishi sunak. he ran for the leadership in 2019, making it to the final four. he spoke earlier. this is a time for pulling together, not apart. this contest is already showing that we do have talents and they're already coming through, and i have the confidence to bring that talent to the top table. great pms, like all great bosses, they surround themselves with people that are smarter than them and people who can challenge their thinking. no—one, no—one is the full package. i know i'm not.

but if we could get back to seeing this job as the first among equals, we can transition from a team of rivals to an unrivaled team. let's speak to rachel maclean, conservative mp for redditch in worcestershire, who's backing sajid javid. nice to see you. clearly at the launch earlier? . i nice to see you. clearly at the launch earlier?— nice to see you. clearly at the launch earlier? . iwas. ithought she was great. _ launch earlier? . iwas. ithought she was great. it _ launch earlier? . iwas. ithought she was great. it was _ launch earlier? . iwas. ithought she was great. it was really - launch earlier? . iwas. ithoughtl she was great. it was really good, talking about all the policies, and he has also produced has a fully costed policy platform in a lot of detail, but she has had to put together very quickly.- detail, but she has had to put together very quickly. some might be thinkin: he together very quickly. some might be thinking he had _ together very quickly. some might be thinking he had a _ together very quickly. some might be thinking he had a bit _ together very quickly. some might be thinking he had a bit of— together very quickly. some might be thinking he had a bit of time... - together very quickly. some might be thinking he had a bit of time... no, . thinking he had a bit of time... no, he has had — thinking he had a bit of time... no, he has had little _ thinking he had a bit of time... mr, he has had little or no time because he has had little or no time because he obviously resigned just last week, and everything has had to be done from scratch from them, so it is a phenomenal achievement, and he has hit the round running. he is a phenomenal achievement, and he has hit the round running.— has hit the round running. he says he wants to _ has hit the round running. he says he wants to put — has hit the round running. he says he wants to put together - has hit the round running. he says he wants to put together a - has hit the round running. he says he wants to put together a team l has hit the round running. he says| he wants to put together a team of people who challenge him. i don't know if that was a parting comment

on the cabinet under borisjohnson, but in terms of what you can offer, do you think the fact that he wasn't boris johnson's do you think the fact that he wasn't borisjohnson's cabinet do you think the fact that he wasn't boris johnson's cabinet twice over is borisjohnson's cabinet twice over is going to count against them? i don't think so necessary. obviously, don't think so necessary. 0bviously, people will need to make that judgment call, but if you look at the people who are standard, there are a lot to work in borisjohnson's cabinets, and others as well. the fact is we need someone with a proven record in delivering, because this is not an apprenticeship time. this is not time for someone who has to learn on the job. the country is facing a crisis. if you look at the experience that sajid javid bring. he has more experience than other candidate. i he has more experience than other candidate. . , . ., , he has more experience than other candidate. . , _, , ., , candidate. i was left confused as he outlined tax — candidate. i was left confused as he outlined tax cuts _ candidate. i was left confused as he outlined tax cuts at _ candidate. i was left confused as he outlined tax cuts at under _ candidate. i was left confused as he outlined tax cuts at under boris - outlined tax cuts at under boris johnson he voted through, had supported. how do we understand that shift? a couple of weeks ago he was saying it was a good idea, now he is telling us it is not. i saying it was a good idea, now he is telling us it is not.— telling us it is not. i think the thin to telling us it is not. i think the thing to really _ telling us it is not. i think the thing to really understand - telling us it is not. i think the thing to really understand is| telling us it is not. i think the - thing to really understand is when you serve in government, you obviously have those very robust debates around the cabinet table,

but then you accept that collective responsibility, and all of us who serve in, do that. i was also a minister, resigned on the same day as said. what you are in government, you obviously serve your country and you obviously serve your country and you need it until such time as you decide not to do that any more, then you are free to be clear about what you are free to be clear about what you disagreed on certain policy matters. �* , , ., you disagreed on certain policy matters. �* , ., ., you disagreed on certain policy matters. , ., ., matters. i'm sure you had to graham brad matters. i'm sure you had to graham itrady outlining _ matters. i'm sure you had to graham brady outlining how— matters. i'm sure you had to graham brady outlining how this _ matters. i'm sure you had to graham brady outlining how this is _ matters. i'm sure you had to graham brady outlining how this is going - matters. i'm sure you had to graham brady outlining how this is going to l brady outlining how this is going to work. are you concerned that this could be down to to buy this weekend. that is nine days after borisjohnson said he was going to go. is that bossing things? boris johnson said he was going to go. is that bossing things?- go. is that bossing things? is that reasonable? _ go. is that bossing things? is that reasonable? i— go. is that bossing things? is that reasonable? i think— go. is that bossing things? is that reasonable? i think sir _ go. is that bossing things? is that reasonable? i think sir graham i go. is that bossing things? is thatl reasonable? i think sir graham has had a lot of experience in these matters, and he has taken soundings from a number of college, and i think the process for him coming to that settlement after it is going to happen is a sensible one. i think people will have time to question the candidates. mps will do that. 0bviously, the candidates. mps will do that. obviously, the public will do that as well. i'm sure that the tv debates. ultimately, bring it to

have someone in place quickly. we have someone in place quickly. we have got to war in ukraine, cost of living crisis. we can't afford to spend weeks and months and months and the sort of limbo. we need the new leader and and we need to get on with governing. d0 new leader and and we need to get on with governing-— with governing. do you think this is a moment for— with governing. do you think this is a moment for the _ with governing. do you think this is a moment for the conservative i with governing. do you think this is. a moment for the conservative party to think about what it stands for, given that in 2019 the big policy pics was get brexit done, and clearly there is still a discussion about whether has been done, but that was a single big message from borisjohnson. it is not the dominant political issue of the month. what does a conservative party stand for? what would have signed for under sajid javid? you signed for under said javid? you have asked h signed for under said javid? you have asked me i signed for under sajid javid? ym. have asked me to a question, what does a party stand for. what we're seeing in this election, a fantastic variety are counted as coming from talking about their own vision of conservatism. we are a broader church. we are a large project, we represent all parts of the wonderful united kingdom, part of our country, and actually what sajid javid stands for, what i see in him and fire support, first of all is that study of aspiration. he made his way

through his own efforts to one of the highest offices in the land. he started from very humble roots, so he embodies hard work. and secondly, he embodies hard work. and secondly, he is someone i think that can unite a party. he is not a divisive figure. he understands those basic values of conservatism. he is a small state thatcherite free—market tax cuts in conservative, and he set that out very clearly today. but he is some mihir bose teams. you asked me why does he want to have people in his cabinet that challenge, because i think good leaders need to have that humility to recognise... no one is perfect, are they? no one is good. they need to recognise that they can't do everything on their own. we need to bring in colleagues who have got expertise in particular areas. �* , , areas. let's see if we get the chance. thank _ areas. let's see if we get the chance. thank you _ areas. let's see if we get the chance. thank you for - areas. let's see if we get the chance. thank you forjoining areas. let's see if we get the i chance. thank you forjoining us. i appreciate it. for more on the candidates here's matthew goodwin, professor of politics at the university of kent. only a fool would predict what's

going to happen in british politics. we thought the volatility was over with brexit, but anybody could win this contest. there will be an instinctive reaction _ there will be an instinctive reaction to go for experience, someone _ reaction to go for experience, someone who can bring stability— after boris johnson's premiership, but what you've noticed is a lot of recognition in the party about the fact that young candidates coming into this contest have a lot of interesting things to say. whether it's kemi, suella braverman, tom tugendhat, there are mps bringing forward ideas. i suspect this contest is going to be very broad. lots of interesting perspectives. hopefully it delivers a somebody who can deal with those long—term challenges.

you've heard some more names there. let's have a look at the rest of the runners in this race. penny mordaunt is a trade minister. she was previously the uk's first female defence secretary. suella braverman is attorney general, the government's chief legal adviser. she was the first mp to announce her leadership bid. kemi badenoch is former minister for levelling up. she's got the backing of senior conservative michael gove. perhaps the least well—known is rehman chishti. he was promoted last week to be a foreign office minister. and tom tugendhat is chairman of the foreign affairs select committee. he's a former territorial army officer who served in iraq and afghanistan. he's been speaking to the bbc. my experiences is from the real world, from afghanistan and iraq, where i served in the military, and from around the world where i've worked in different ways.

what i'm bringing here is of course the experience of foreign affairs that we've been warning about the war in ukraine since before 2018. we will talk uk politics plenty in the coming minutes and i was, but let's move — the coming minutes and i was, but let's move away from it at the moment, _ let's move away from it at the moment, because twitter's share price _ moment, because twitter's share price has— moment, because twitter's share price has fallen sharply after elon musk— price has fallen sharply after elon musk said he was pulling out of that attempt _ musk said he was pulling out of that attempt to bite. elon musk said he was pulling out of that attempt to bite-— attempt to bite. elon musk walked awa from attempt to bite. elon musk walked away from a _ attempt to bite. elon musk walked away from a $44 — attempt to bite. elon musk walked away from a $44 billion _ attempt to bite. elon musk walked away from a $44 billion deal, i away from a $44 billion deal, alleging multiple breaches of the original agreement. alleging multiple breaches of the originalagreement. in alleging multiple breaches of the original agreement. in about an hour into trading on monday, twitter shares are down 7% to around $34. the failed deal is not in the hands of lawyers on both side. let's hear from our north american business reporter. it from our north american business reorter. . ., , from our north american business reorter. . . , , , ., reporter. it certainly seems that that is the _ reporter. it certainly seems that that is the way _ reporter. it certainly seems that that is the way it _ reporter. it certainly seems that that is the way it is _ reporter. it certainly seems that that is the way it is going. i reporter. it certainly seems that that is the way it is going. when the one hand, you have twitter that said, you signed a deal to buy the

company, and we are going to make sure that you that deal. whereas you have elon musk saying, look, you are not giving me the appropriate information. at the heart of this for him isjust how many information. at the heart of this for him is just how many fake accounts that are on twitter. twitter is estimated at around 5%, but mr musk believes that actually that number is a lot higher, and that number is a lot higher, and that the metrics that twitter is using is not really very effective and doesn't tell the whole story. and it is under that reasoning that mr musk the city will be able to pull out of the deal. if it does seem to be a long protracted legal battle, because if you look at the climate right now in terms of worked at companies are —— tech companies are, i think it makes yourfork twitter to make sure that elon musk goes good on the deal. let’s twitter to make sure that elon musk goes good on the deal.— goes good on the deal. let's speak to bob o'donnell, _ goes good on the deal. let's speak to bob o'donnell, from _ goes good on the deal. let's speak to bob o'donnell, from california. | to bob o'donnell, from california. i'm sure you haven't been short of

people telling you, i told you so. it felt like the story was coming. indeed. almost everybody predicted this was going to happen, and to make excuses that something is somehow changed other than the share price, which is what the obvious thing that has changed since announcing the deal until now, and then they regret that happened as a result of that. elon musk is a precedent that mixed research and is based on emotions, clearly come in a number of different areas of his life, and then sometimes learns to regret that, and he is having to figure out a way to do do without. that is clear what is happening here, it is a pattern we have seen, and it is going to play itself out in the future.— in the future. and help me understand _ in the future. and help me understand what _ in the future. and help me understand what a's i in the future. and help me i understand what a's approach to this. why would it try and force someone or persuade someone to buy it if that person doesn't want to? the primary reason is because the amount of money he offered a significantly higher than anyone is

ever going to pay for the company, so it is reallyjust a matter of dollars and cents, because the offer he made it significantly higher than the current stock price, and is likely to be higher than it will ever be, and so of course as a means to satisfy shareholders, poster board of directors is ultimately trying to do, they want to make sure that that that price gets on. and $1 billion to elon musk is not that big a deal, so he can play it out and try to move on. but the board wants to do it. there is a lot of questions about daily active users and monthly active users are really counted. not only on twitter but in all social media, and i think one of the concerns around this whole trial and what could happen is the ugliness and messiness of heart that actually is counted will be exposed, and that i think it's a problem not just for twitter but for other social media companies as well. that sounds like very _ social media companies as well. that sounds like very good news for twitter�*s lawyers, and perhaps quite a long drawn messy affairfor the two protagonists.

a long drawn messy affair for the two protagonists.— a long drawn messy affair for the two protagonists. indeed it does, and i two protagonists. indeed it does, and i think _ two protagonists. indeed it does, and i think that's _ two protagonists. indeed it does, and i think that's a _ two protagonists. indeed it does, and i think that's a big _ two protagonists. indeed it does, and i think that's a big concern, l and i think that's a big concern, that if things get dragged on too long, the other concern is how will try to do as a platform? because other concerns have been raised about what is going to happen? obviously we are going to see the other social media platforms trying to go after twitter�*s advertisers, for example, and certainly some of the people who use twitter. there is a community of folks occur tremendous about twitter, and end it is the rest of the world. on the question is, is that community, but still like to think of yourself as being very important and influential in the world, really enough to drive things forward, or is it possible that some day, we will see twitter go away? i'm not predicting that is going to happen anytime soon, but all of these questions get raised when these are serious concerns are there, because now the momentum that twitter supposedly had from deal has completely disappeared. thank twitter supposedly had from deal has completely disappeared.— completely disappeared. thank you ve much completely disappeared. thank you very much for— completely disappeared. thank you very much forjoining _ completely disappeared. thank you very much forjoining us. _ completely disappeared. thank you very much forjoining us. we i very much forjoining us. we appreciate your help on that story. just returning to the story is being

developing through the programme. it will be september the 5th when we learn who the next prime minister of the uk is going to be. that is the date the conservative party has chosen to announce its new leader. if you are watching on pbs, thank you forjoining me, we will see you soon. if you're watching elsewhere, i will be back in a few minutes. there could be some data that shows a higher temperatures, there could be some data that shows a highertemperatures, but there could be some data that shows a higher temperatures, but does the highest of the year so far. looking at the picture over the next few days, it will get a lot hotter as we head into the weekend, and the met office have issued an extreme heat armour weather warning. we could have some impact to health and infrastructure as temperatures are set to surge. temperatures will be in the low 30s again across a hotspot of the country for tuesday. a brief dip into the high 20s for

much of the rest of the week before we start to see the temperature surging through the weekend, perhaps lasting into monday as well. that is when the peak of the heatwave is going hit. rain is walking into scotland and northern ireland. the weather front here heading for monday evening, but after such a hot day across england and wales, temperature slow to drop away. these are the temperatures are still at 11pm, and we saw her 23 in birmingham, 21 for cardiff, 25 for london. temperatures will then slowly slip away later in the night. choose we pick up on a weather front, working and across parts of northern england. very weak as it bulges into an area of high pressure. very early —— barely any rain left. another hot day coming up for parts of england, particularly across eastern areas come again we are looking at temperatures reaching the low 30s. that's slightly less terrible focus on the return to the south by wednesday. that is a lot of dry bother to come, just a lot of

dry bother to come, just a lot of dry bother to come, just so much it was for scotland and northern ireland, but most are here we will have a fine day. not as hot, but still pretty toasty in london. highs of 28 on wednesday. beyond that through thursday and friday, temperatures picking back up, and as we head into the recount, we are backin we head into the recount, we are back in to hottest areas. sunday, temperatures that listen to the meds and potentially high 30s, because people get those hot air that has been building across spain and portugal. that will drift further northwards, and it is that that really starts to give those temperatures an extra kick into the recount. some accept high temperatures around sunday and monday. and a reminder of the uk temperature record.

hello, i'm ros atkins, this is outside source live from westminster. the conservative party have laid down the rules for the candidates to succeed boris johnson. down the rules for the candidates to succeed borisjohnson. than? down the rules for the candidates to succeed boris johnson. any candidate to no succeed boris johnson. any candidate to go forward — succeed boris johnson. any candidate to go forward will— succeed boris johnson. any candidate to go forward will have _ succeed boris johnson. any candidate to go forward will have to _ succeed boris johnson. any candidate to go forward will have to have i succeed boris johnson. any candidate to go forward will have to have at i to go forward will have to have at least 30 votes.

11 candidates are now in the running to be the next leader of the conservative party and british prime minister. we now know that we'll have a result by 5 september. and the candidates have been setting out why they want change. this is a wake up and smell the coffee moment. sleaze, scandal, internal warfare, we have seen this movie before and we know how it ends. tax cuts is the issue dominating the contest so far. we'll look at what the candidates are saying they'll do if they win. as they talk to their mps and party members. the president in sri lanka will step down after protesters stormed his palace at the weekend.

the chair of the 1922 committee graham brady outline how the election of the new conservative party leader is going to work in the 1922 committee represents conservative mps and those mps will have a role in the first part of the process. each candidate has to find a number of mps to back them. i are going to have to work hard even to qualify for the first round —— they are going to have to work hard. we will get down to two after a series of elimination rounds. the first elimination rounds. the first elimination rounds. the first elimination round will be on wednesday and graham brady said there would be two next week if need be. eitherway there would be two next week if need be. either way he was clear that by the end of next week we will be down to two. the vote then turns to the around 200,000 members of the

conservative party. they will have a few weeks before they choose a winner, the when it will first become the member of the conservative party —— the winner will first become. then of course they will become the prime minister. we will find out the winner on the 5th of september. i spoke to graham brady of the 1922 committee about the decisions he has taken. irate brady of the 1922 committee about the decisions he has taken. we tried to find a balance _ the decisions he has taken. we tried to find a balance where _ the decisions he has taken. we tried to find a balance where we - the decisions he has taken. we tried to find a balance where we are i the decisions he has taken. we tried to find a balance where we are not i to find a balance where we are not making it difficult for serious candidates to enter the contest but we don't want to have a cast of thousands of people who don't really have great prospects of progressing in the election.— in the election. those 20 mps need to be in place _ in the election. those 20 mps need to be in place by— in the election. those 20 mps need to be in place by tomorrow- in the election. those 20 mps need. to be in place by tomorrow evening? yes. �* . ., , to be in place by tomorrow evening? yes. �* .., , to be in place by tomorrow evening? yes. .. ., to be in place by tomorrow evening? yes. . ., ., ., yes. and clearly you are looking to have two votes _ yes. and clearly you are looking to have two votes already _ yes. and clearly you are looking to have two votes already this - yes. and clearly you are looking to have two votes already this week? | have two votes already this week? yes. ., . , have two votes already this week? yes. ., ., , ., , have two votes already this week? yes. ., . , ., , .,~ yes. how many votes might it take for ou to yes. how many votes might it take for you to reach _ yes. how many votes might it take for you to reach two? _ yes. how many votes might it take for you to reach two? i _ yes. how many votes might it take for you to reach two? i hope i yes. how many votes might it take for you to reach two? i hope we i for you to reach two? i hope we would do _ for you to reach two? i hope we would do that _

for you to reach two? i hope we would do that by _ for you to reach two? i hope we would do that by early - for you to reach two? i hope we would do that by early next i for you to reach two? i hope we i would do that by early next week, may be a third ballot will get us to that point. experience suggests people often drop out if they gauge their support not to be as high as they would need to get into the final two. is they would need to get into the final two. , ., , they would need to get into the finaltwo. , ., , ,. ., ., final two. is there any scenario where it doesn't _ final two. is there any scenario where it doesn't get _ final two. is there any scenario where it doesn't get down i final two. is there any scenario where it doesn't get down to i final two. is there any scenario i where it doesn't get down to two by the summer recess? trio. where it doesn't get down to two by the summer recess?— where it doesn't get down to two by the summer recess? no, we will have as many ballots _ the summer recess? no, we will have as many ballots as _ the summer recess? no, we will have as many ballots as we _ the summer recess? no, we will have as many ballots as we need _ the summer recess? no, we will have as many ballots as we need to - the summer recess? no, we will have as many ballots as we need to make | as many ballots as we need to make sure we can do that we can hand our candidates over to the conservative party organisations to make sure they have a big set of hustings across the country and make sure the candidates are exposed to the greatest possible number of party members. , , ., ., ., _ members. this will be down to two by summer recess _ members. this will be down to two by summer recess and _ members. this will be down to two by summer recess and the _ members. this will be down to two by summer recess and the other - summer recess and the other important date is when you are going to tell the country who the next prime minister will be? the to tell the country who the next prime minister will be?- to tell the country who the next prime minister will be? the 5th of september- _ prime minister will be? the 5th of september. you _ prime minister will be? the 5th of september. you could _ prime minister will be? the 5th of september. you could have i prime minister will be? the 5th of september. you could have had i september. you could have had several weeks _ september. you could have had several weeks of _ september. you could have had several weeks of campaign i september. you could have had several weeks of campaign and | several weeks of campaign and resolve this in august? it is several weeks of campaign and resolve this in august?- resolve this in august? it is a balance between _ resolve this in august? it is a balance between fitting i resolve this in august? it is a balance between fitting and l resolve this in august? it is a . balance between fitting and as resolve this in august? it is a - balance between fitting and as many hustings meetings as the voluntary party wanted and the practicalities

of organising the ballot. crucially, i think, for the country and my colleagues in parliament, we were determined that we should conclude the leadership election by the time parliament returns in september. when you had your discussions about the process, did the prospect of borisjohnson not remaining prime minister during the process come up? that is a constitutional matter and the prime minister remained prime minister. this is not something that was appropriate for us to discuss. we were keen to set out the rules and the timetable for a leadership election. ., ., ., , ., election. you are a senior conservative _ election. you are a senior conservative and - election. you are a senior conservative and you i election. you are a senior. conservative and you know election. you are a senior i conservative and you know the election. you are a senior _ conservative and you know the reason borisjohnson has gone it is not to do with policy but his reputation and how he carried out himself within this role, are you not concerned?— within this role, are you not concerned? , ., _, ., , concerned? these are conversations we will have — concerned? these are conversations we will have on _ concerned? these are conversations we will have on another— concerned? these are conversations we will have on another occasion i concerned? these are conversations| we will have on another occasion but today i'm here to talk about the process and the timetable and the

arrangements we have made for a leadership election. {we arrangements we have made for a leadership election.— leadership election. one final detail, when _ leadership election. one final detail, when we'll _ leadership election. one final detail, when we'll be - leadership election. one final detail, when we'll be voting l leadership election. one final- detail, when we'll be voting finish ahead of the 5th of september? —— when will. i ahead of the 5th of september? -- when will. .., �* ahead of the 5th of september? -- when will. .. �* , ., when will. i can't tell you the recise when will. i can't tell you the precise details _ when will. i can't tell you the precise details but _ when will. i can't tell you the precise details but there i when will. i can't tell you the precise details but there will| when will. i can't tell you the i precise details but there will be a statement coming out from the conservative party in the near future. , ., , conservative party in the near future. , ., . ., future. the people watching who don't know _ future. the people watching who don't know how _ future. the people watching who don't know how this _ future. the people watching who don't know how this works, i future. the people watching who don't know how this works, it i future. the people watching who don't know how this works, it is. future. the people watching who i don't know how this works, it is not like a general election where we won't know the result that evening? the ballot will be electronic with the option to mail in so they will be a slight complexity about making sure the counting is done appropriately and a period of time to make sure the people who voted other people who are entitled to vote. ., ., .,, ., yes, vote. you are hosting an event? yes, i'm auoin vote. you are hosting an event? yes, i'm going to — vote. you are hosting an event? yes, i'm going to tell _ vote. you are hosting an event? yes, i'm going to tell my _ vote. you are hosting an event? yes, i'm going to tell my colleagues i vote. you are hosting an event? yes, i'm going to tell my colleagues what. i'm going to tell my colleagues what is going on, as well. isisters i'm going to tell my colleagues what is going on, as well.— is going on, as well. was there any dissentin: is going on, as well. was there any dissenting voices _ is going on, as well. was there any dissenting voices who _ is going on, as well. was there any dissenting voices who said - is going on, as well. was there any dissenting voices who said this i is going on, as well. was there any dissenting voices who said this is i is going on, as well. was there any dissenting voices who said this is a | dissenting voices who said this is a long way off how we should be approaching?— long way off how we should be a- roachin: ? ., ., �* ~ approaching? no, i don't think so. we had a discussion _ approaching? no, i don't think so. we had a discussion about - approaching? no, i don't think so. we had a discussion about precise| we had a discussion about precise timings but there was a general

recognition amongst parliamentary colleagues and volunteers, who want to have a say and a proper opportunity to debate the issues and look at the candidates, and there was an understanding from the voluntary party that it is important that we get the new leader in place by the time parliament comes back in september. by the time parliament comes back in setember. , ., ., by the time parliament comes back in setember. ., �* ., , by the time parliament comes back in setember. . �* ., , ,, .,~ ., september. graham brady speaking to me earlier. let's speak to camilla turner, chief political correspondent at the telegraph. what you make of the process? graham brad in the what you make of the process? graham itrady in the 1922 _ what you make of the process? graham brady in the 1922 committee _ what you make of the process? graham brady in the 1922 committee have i brady in the 1922 committee have struck the right balance between on the one hand not setting the threshold so high that it will last for ever and it will be very difficult when in fact we only have until next thursday when parliament breaks up for recess but also not setting the threshold at such a level that would cancel out a lot of the candidates because i think one of the great things about the leadership contest is we have this amazing diversity of candidates

representing different views within the party and lots of female candidates and candidates made a virus range of backgrounds so —— from a diverse range of backgrounds so cutting it too great fine would have kept out some of these people. priti patel has yet to throw her hat into the ring, do you know what she's planning?— into the ring, do you know what she's planning? this is the question on everyone's's _ she's planning? this is the question on everyone's's lapse. _ she's planning? this is the question on everyone's's lapse. -- _ she's planning? this is the question on everyone's's lapse. -- lips. i she's planning? this is the question on everyone's's lapse. -- lips. why| on everyone's's lapse. —— lips. why has she not declared herself to do so? she's leaving it very late. what we heard most recently is that she is taking soundings from brexiteer mps, working out what support she would have if she was to run, we have already got suella braverman who declared she was the first person to say she would throw her hat in the ring and she is doing well with a similar crowd. a lot of

high—profile backing is that she has already secured. so whether priti patel would need to do a deal with her or to secure the backing from those who have already backed her remains to be seen but as it stands priti patel is running out of time and she would have to make a decision pretty soon. priti patel and suella _ decision pretty soon. priti patel and suella braverman - decision pretty soon. priti patel| and suella braverman represent decision pretty soon. priti patel. and suella braverman represent a certain wing of the conservative party, so i'll be saying that is going to be the dominant wing in this election? —— are we saying. help people understand the different camps. priti help people understand the different cam s. . help people understand the different cams. ., , , help people understand the different cams. ., , camps. priti patel occupies a similar wing _ camps. priti patel occupies a similar wing to _ camps. priti patel occupies a similar wing to suella - camps. priti patel occupies a - similar wing to suella braverman, the brexiteer wing of the party, the right of the tory party, the european research group faction of mps. people who are pushing for a hard brexit, the people who held out and kept voting down theresa may's deals until they got the hardest possible brexit they wanted, and on the other side we have people who are seen as more on the left of the party, this cuts across issues like

tax and the major candidate of what would be seen as the left of the party, is rishi sunak, who is not running on as much of a low tax ticket at some of the others, and rishi sunak is the obvious frontrunner for that side of things. priti patel is likely to be the candidate potentially for the right wing of the party. candidate potentially for the right wing of the party-— wing of the party. when you are heanna wing of the party. when you are hearing from — wing of the party. when you are hearing from your _ wing of the party. when you are hearing from your readers - wing of the party. when you are hearing from your readers that. wing of the party. when you are i hearing from your readers that the telegraph and they are talking about conservative party politics, what are the issues they care about most? —— at the telegraph. i'm sure they have been focused on integrity. what do they want to talk about? at do they want to talk about? of course integrity is important and we must not forget that was ultimately what brought down the prime minister. if it wasn't for the final sleaze scandal he would be clinging on to office but what readers and conservative party members care about is tax, that is what it all comes down to and we can see in this

election campaign it is really playing out. the candidates are trying to outdo each other in who can be the lowest tax candidate and i think that major issue of tax is really what is undercutting this. quite something to see that, given half of the candidates were in boris johnson's cabinet which supported pushing taxes up. fine johnson's cabinet which supported pushing taxes un— johnson's cabinet which supported pushing taxes up. one of the ma'or issues for conservative i pushing taxes up. one of the ma'or issues for conservative party �* issues for conservative party members as a whole with boris johnson's regime is that conservatives are meant to be the party of low tax, no regulation, these are conservative fundamental beliefs and yet under borisjohnson and also under rishi sunak, taxis were going up and that is why in this leadership debate tax is such an issue because what some of the candidates are trying to do and remember they are playing out to the tory party membership voters, not the rest of the country, they are trying to re—establish themselves as bringing the party back to those conservative values. we appreciate

that. conservative values. we appreciate that- camilla _ conservative values. we appreciate that. camilla is— conservative values. we appreciate that. camilla is part _ conservative values. we appreciate that. camilla is part of _ conservative values. we appreciate that. camilla is part of the - that. camilla is part of the politics team at the daily telegraph. you can find out from us on the bbc news website, of course. now, one key issue dominating the conservative leadership contest is taxation. many of the candidates have pledged to cut taxes — but there are differences on when and how they think that should be done. we start with the former chancellor and health secretary sajid javid. he plans to cut fuel duty by 10 pence per litre. bring forward the planned 1% cut to income tax from 2024 to next year. scrap the national insurance increase that kicked in this april and gradually reduce corporation tax. let's hearfrom him. that would cost about £39 billion a year and it is important that anyone who talks about tax sets out how they are going to find them so let me give you the headlines. in the

fiscal rules that we have which i set when i was the chancellor, by 2024 there will be what is called fiscal headroom, spending room of about 30 billion, and i think the priority of that 30 billion should be tax cuts, and there are some people who believe that we can't have growth and tax cuts until we have growth and tax cuts until we have growth, and i don't think that is right. you must start with the tax cuts to kick—start the growth. the foreign secretary liz truss says she wants to scrap the recent increase in national insurance — and cut corporation tax too. she said that "it isn't right to be putting up taxes now." the former foreign secretary jeremy hunt's tax plans focus on businesses. he wants to reduce corporation tax to 15% and freeze business rates for the poorest areas for five years. here's more of what he said. no conservative should offer unfunded tax cuts. i think no

conservative should raise taxes either and what you need smart tax cuts that will grow the economy, and corporation tax, i think, i set up my business because nigel lawson and margaret thatcher created a pro—enterprise environment and i was the only one of my friends leaving university who went and set up their own business and i want more people to do that but if we are going to increase corporation tax which is one of the biggest taxes businesses pay, so it is more than, notjust a pan in america but more than france and germany, then people won't want to set up businesses. the current chancellor nadim zahawi wants to cut taxes too, he said he will reduce the running costs of government departments by 20% in order to pay for it. tax as a percentage of gdp will fall year on year if i become prime minister. that is a promise. i will cut the base rate

of income tax to i9p in 2023, 18p in 2024 and that will give households back £900 a year on average. i will look to reverse the planned corporation tax rise. rishi sunak is the only candidate who has not yet revealed his plan on taxation. but we do know that part of the reason why he quit as chancellor last week was after disagreeing with borisjohnson over how and when to cut tax. as chancellor, rishi sunak oversaw various tax rises including the i.25p national insurance increase that came into effect this april. he also announced the first corporation tax rise for nearly 50 years, from i9% currently to 25% from next year. in his video announcing his leadership bid, mr sunak had this message. do we confront this moment with honesty, seriousness and determination? 0r honesty, seriousness and determination? or do we tell ourselves comforting fairy tales that might make us feel better in

the moment but will leave our children worse off tomorrow? someone has got to grip this moment and make the right decisions. the leader of the opposition labour party keir starmer had this to say about tory candidates' tax cut pledges. diverse majority of them are served in a borisjohnson's government and they went out every day to his behaviour, and in fact everyone of his 15 tax rises was backed by them. their behaviour is so they have just arrived from the moon. they have voted to support this, but now it turns out they were opposed to them all along. the hypocrisy is nauseating. it's notjust the opposition that's criticising tax cuts, here's the former conservative chancellor lord lamont.

there a danger that leadership election— there a danger that leadership election is going to descend into a dutch_ election is going to descend into a dutch auction of tax cuts which are not necessarily affordable or rightly — not necessarily affordable or rightly time, and i'm as much in favour_ rightly time, and i'm as much in favour of— rightly time, and i'm as much in favour of tax cuts as the next tory politician — favour of tax cuts as the next tory politician and i'm strongly in favour— politician and i'm strongly in favour of— politician and i'm strongly in favour of them but there is a danger at this_ favour of them but there is a danger at this point, when the public finances _ at this point, when the public finances and the amount we are borrowing — finances and the amount we are borrowing is not in a strong state, the government have been warned by the government have been warned by the office _ the government have been warned by the office for budget responsibility, the independent organisation, that debt could spiral upwards— organisation, that debt could spiral upwards from 100% of gdp to eventually double that if we don't have tight control of our finances. i'm all— have tight control of our finances. i'm all in— have tight control of our finances. i'm all in favour of people putting forward _ i'm all in favour of people putting forward tax cuts if they say where they are — forward tax cuts if they say where they are going to find the money. our business editor simonjack gave me his assessment of the various tax cuts which have been announced. the which have been announced. context for this is tha

a the context for this is that tax as a percentage of the uk's total national income thanks to recent policy decisions by the government are on track to hit their highest level in 70 years so there is very attractive conservative tradition of trying to impose low taxes and most of the candidates in this, it has become the key battleground in the leadership contest, while saying we need to do it immediately, this is a way to kick—start the economy, but others will say we can't kick—start the economy yet because... we can't afford tax cuts until the economy has been kick started at the chicken and egg argument is at the heart of this leadership campaign. later this evening rishi sunak is expected to say as you heard from norman lamont, listen, i do want tax cuts but we have got to get inflation under control, so there is a stand—off about what they can afford to do now or afford to do it later, because in the end most say there are only a couple of ways you can pay for tax

cuts, a bit of spare money floating around although that is thought to be a speculative number of around 30 billion, but ultimately you either borrow more, putting public sector borrowing up, or you find a way to cut spending which means cutting back on public services and you will see things like spending on the nhs and social care and covid recovery measures, they have seen public finances taking a massive hit, so thatis finances taking a massive hit, so that is where we stand in terms of the arguments, and the other dimension to this is inflation, and some people say if you put more money in people's pocket at a time when inflation is already heading to town, maybe ii%, you run the risk of stoking that inflation and others say energy price rises are so high they will be very little spare money sloshing around the economy to push that higher so you have a very ideological frontier here about keeping the public finances in check and being responsible about those and being responsible about those and trying to kick—start the economy because growth is a great debt killer and can improve people's living standards. if

killer and can improve people's living standards.— living standards. if we have a frontier on _ living standards. if we have a frontier on tights, _ living standards. if we have a| frontier on tights, presumably living standards. if we have a - frontier on tights, presumably there is a related frontier on borrowing because it feels like the conservative party has been on a journey considering where david cameron and george osborne were, making a big push against the scale of national debt, and then boris johnson has felt more relaxed about that, what have you made what the candidates to replace him have said about borrowing?— candidates to replace him have said about borrowing? people feel in the short term we _ about borrowing? people feel in the short term we have _ about borrowing? people feel in the short term we have had _ about borrowing? people feel in the short term we have had borrowing l short term we have had borrowing higher than this, as a percentage of national income, but not for about 20, 30 years, national income, but not for about 20,30 years, and some of the candidates say we are going to take an axe to public spending but in a time after covid where the government says they have answered calls to increase nhs spending and social care, that is just not going to be possible at the moment, so some people will say, get the tax cuts in and get the economy growing, and in time growth is the biggest deficit and overall debt killer of all, that is where the camps are

roughly at the moment, but there are more in the cut tax now camp than in the cut taxes later come, so that is an ideologicalfrontier we the cut taxes later come, so that is an ideological frontier we are going through right now. proposed train strike action has been of course any form of strike action and walk out is highly

disruptive involving train drivers especially if all eight of these companies experience strikes on the same dates and the department for transport called this disappointing and they have urged the unions to reconsider. there has been one dispute which has been resolved. however, there has been in dispute that's been resolved today, as live drivers for scotrail did vote to agree to a 5% pay increase and in scotland, trains have been on a reduced timetable for the last two months, those can start getting back to normal. the week ahead will bring very high temperatures in parts of the uk — and the met office has issued an extreme weather warning for next weekend. today temperatures reached 32 degrees in some parts with southern england the worst affected region. people have been advised to stay indoors where possible and drink plenty of water. as our climate editor justin rowlatt reports — this type of extreme weather is likely to become more familiar in future.

in case you haven't noticed, it is hot. very hot. wales recorded its hottest day of the year — 28.6 celsius in flintshire. and temperatures soared in england too. lovely if you can get to the beach or to a pool, but the truth is, most of us can't. do you mind if i put a hat on you? at this care home, they have been making sure their residents stay nice and cool. love it. so lucky, aren't we? we haven't seen this for years. i don't like it that hot. but on the other hand, - i don't like being too cold either. if you also found today uncomfortable, be warned, it is set to get a whole lot hotter this week. and it's because of the southerly wind.

it absorbs heat over africa and then blasts up through spain and france and into the uk. there is a very small chance we could see temperatures of over 40 degrees celsius on the weekend. the places where these warm air masses are coming from before they get to us have warmed due to climate change and due to man—made, human emissions of greenhouse gases. and so the consequence of this is that when the weather conditions are such that we are experiencing a summertime heat wave, it's that much more likely that the temperatures we experience, the duration and the intensity is increased. don't think you can skip off on holiday to escape the heat wave. it was over 40 in parts of spain today, and the forecast is france, germany and italy will also record temperatures of 40—plus over the weekend. so, stay hydrated

and stay in the shade. we had a number of questions about how the contest to replace boris johnson was going to work and we got answers to most of those. the threshold, anyone wanting to be in this contest needs to have 20 mps supporting them, second, if you want to be in the contest you have got to get involved by tomorrow evening, and if you don't is too late. in terms of the process, at least two rounds of voting with conservative mps whittling down the long list at the moment, and that may be enough, and if it isn't enough graham brady said they will be a third round of voting early next week. when i asked him if this would definitely be done before parliamentary recess by the end of next week he said it would definitely be done, they would be

down to two, and then he said the date when the winner would be announced. the 5th of september is when we know who the new leader of the conservative will be and that person will be the new prime minister of the uk. thanks for watching. goodbye. we have seen temperatures hit 32 celsius today and it could be a bit more data that shows some slightly higher temperatures but for the time being 32.7 is the highest temperature of the year so far. looking at the picture over the next few days it will get a lot hotter as we head into the weekend and the met office have issued an extreme heat amber warning and we could have impacts to health and also infrastructure as temperatures are set to surge. two images will be in the low 30s on tuesday and a brief dip in the high 20s for much of the rest of the week before we see the

temperatures surging —— temperatures will be in the low 30s. that is when the peak of the heatwave will hit. we have rain in scotland and northern ireland and the weather front heading in on monday evening but after such a hot day temperature is are slow to drop away in england and wales and these will be the temperatures at 11 o'clock at night. 25 in london. those temperatures will slowly slip away late in the night. tuesday we pick up on the weather front working in across parts of northern england, very weak as it budgets in, barely any rain on it, and here we have fresh air with temperatures in the high teens to late 20s for the most part but another hot day for parts of england, especially in eastern areas where again we have temperatures reaching the low 30s. the slightly less hot air pushes down to the south by wednesday and there's a of dry weather to come and a few showers for scotland and northern

ireland but most even here will a fine day and temperatures in the high teens to low 20s in northern areas but pretty toasty in london with highs of 28 on wednesday. through thursday and friday we start to see temperatures picking back up and into the weekend we are back into the 30s in the hottest areas and on sunday we are going to see temperatures at least into the mid—but potentially the high 30s because we start to get some of this hot air that has been building over spain and portugal which will drift its way further north and that really starts to give those temperatures an extra kick in the weekend, so some very high—temperature is around sunday, probably monday, and that is a reminder of the uk temperature record.

hello, i'm christian fraser. you're watching the context on bbc news. the first round of the conservative leadership contest will be held on wednesday. the chair of the organising 1922 committee says they hope to have a new prime minister in place by the 5th september. nominations open and close tomorrow. so far 11 candidates are in the running to succeed borisjohnson, and it's one issue that's dominating the debate. we need to cut taxes. we should be looking to lower taxes. what you need are smart tax cuts. tax cut. we need tax cuts to kick—start growth. but how many are talking climate change? a rare intervention from the government's

chief scientific advisor today, calling for leadership to match the enormous scale of the challenge. tonight with the context, the former conservative cabinet