some could be on the cusp of financial collapse. councils here are facing a 600 million pound overspend this year, and are asking for support in this month 5 budget. the government has said it will give boroughs multi—year funding settlements to provide more stability. bromley council in south london says it's among those at risk as it receives less money than those in inner london. it's the outer london boroughs that are falling over the cliff first. some have gone already, some we know are about to go. even good old bromley is on that conveyor belt. we think we have about three more years left in us before finance becomes unsustainable. london's new super sewer, designed to reduce the amount of raw sewage that flows into the river thames, has opened for the first time. known officially as the thames tideway tunnel, data shows that during a storm last month it captured almost 600

thousand square metres of sewage. the project — which took eight years to build at a cost of around £45 billion — was paid for by increasing water bills over several decades. the british library is unveiling a major new project, and it's nothing to do with books. hundreds of solar collectors have been installed on its roof, with the aim of generating energy and cutting the building's carbon emissions by 55 tonnes a year. it's said to be the largest solar heat project of its kind in the uk. taking a look at the tubes now... there's no service on the waterloo & city line this morning — overground between upminster and romford. a good service though on the rest of the network. it's certainly been a wet start to the morning. let's get the forecast now — here's katerina. hello there, good morning to you. a dull start to our monday morning. it's unsettled with low cloud and outbreaks of rain. you can see the green in that rain, indicating the heavier bursts.

but any rain, any spots of drizzle to follow, will eventually clear as the morning progresses. so, most certainly an improving picture as we head into the afternoon with much drier conditions. but we are going to hold onto mostly cloudy skies. quite a bit of low cloud lingering. we're looking at highs today of around 13 degrees with a moderate breeze. so this evening and overnight it stays largely dry. a few clear spells at first, but cloudy skies by the end of the night, and our temperatures will fall away to about nine to ten degrees. on tuesday there's going to be a lot of dry weather around. also, again, quite a bit of cloud lingering. it may well brighten up occasionally through the afternoon, but notice our temperatures on the rise. so a much milder day tomorrow, with highs of 18 degrees. and on wednesday we could be seeing highs of 20 degrees. sunny skies at first, cloudier later, with some rain. that's it from me for now. head to our website. plenty online,

including the story about how cyclists broke a guinness world records in london yesterday. i am backin records in london yesterday. i am back in half an hour. now back to jon and sally. have a great morning. bye—bye. hello, this is breakfast withjon kay and sally nugent. sir keir starmer will pledge to scrap regulation that he says "needlessly holds back investment", at a business conference today, with his government expected to unveil investment deals worth billions. it comes after a last minute effort to smooth relations with the parent company of p80, who are expected to invest £1 billion in port facilities, following suggestions by the transport secretary that they were rogue operators. the science and technology minister peter kyle joins us now. morning to you. do you have a little bit of ground to make up today,

maybe? bit of ground to make up today, ma be? ., ~' bit of ground to make up today, ma be? ., ~ ., , bit of ground to make up today, ma be? ., ~' . , ., , maybe? no. i think actually the only round we maybe? no. i think actually the only ground we have _ maybe? no. i think actually the only ground we have to _ maybe? no. i think actually the only ground we have to make _ maybe? no. i think actually the only ground we have to make up - maybe? no. i think actually the only ground we have to make up is - maybe? no. i think actually the only ground we have to make up is the i ground we have to make up is the terrible inheritance we had from the previous government where there was underinvestment in our economy, to high taxation and no growth in the economy. we are trying to fix the essentials, get the fundamentals right for our economy. what you see todayis right for our economy. what you see today is £40 trillion worth of global assets represented by companies coming together in london to look at the united kingdom as a place to invest. what we're doing as a government is showing the best of britain, showing we have incredible confidence in the potential of our country, and we are trying to do everything we can to unlock that global investment and bring it here, notjust in london, but to make sure it is benefiting all parts of the united kingdom and all people from all backgrounds, that is what you are seeing here today. we all backgrounds, that is what you are seeing here today.— all backgrounds, that is what you are seeing here today. we have also had the prime _ are seeing here today. we have also had the prime minister _ are seeing here today. we have also had the prime minister distancing i had the prime minister distancing himself from comments made by the transport secretary. that is just a little bit embarrassing, isn't it?

well, back then when p&0 did that act, we all condemned it, the whole country, including the majority of media. now we have all turned a corner since then, we have had a change of direction with a changed government and a changed approach, because the previous government did nothing about it. last week we introduced legislation to raise the standards for workers. all employees in the country have accepted it, and p80 in the country have accepted it, and p&0 have accepted it too. that was last week. this week you are seeing a global investment summit where, as i said before, a global investment summit where, as isaid before, £40 a global investment summit where, as i said before, £40 trillion worth of global assets represented here in the country. raising standards does not mean you can't get more business coming into our country. actually, it makes us look like a more attractive place to invest. the fact that p&0 and its parent company have gone on thatjourney too is something we should be celebrating because like every other person who lives in this country, people want high standards, plus lots of

investment. we have shown as a government you can do both. today in the times, 14 companies, global companies likejp morgan and aviva insurance company, have said the stability we have brought to this economy has made us a place that is attractive to invest in once again. new government, new opportunities, and we have an economy which is stable into the long term. you have 'ust stable into the long term. you have just mentioned _ stable into the long term. you have just mentioned the _ stable into the long term. you have just mentioned the economic- just mentioned the economic inheritance from the previous government. that is quite a fast turnaround to try to sell to people. how do you do that when either the prime minister himself is using terminology like doom and gloom and tough decisions? how do you sell to big business when you are using that kind of language? we big business when you are using that kind of language?— kind of language? we were really honest with _ kind of language? we were really honest with the _ kind of language? we were really honest with the public _ kind of language? we were really honest with the public over - kind of language? we were really honest with the public over the i honest with the public over the summer about the scale of challenge we had. but people should never doubt that we have belief in the future of our country. we have incredible faith in the potential of britain in the 20 20s going forward.

but you can only unlock that if you are really honest about the challenges people have. when you say about relationships, we started engaging with these businesses a long time ago in opposition. if you take the amazon web services, for example, i met their chief executive in seattle in february. i explained what the labour programme of government should —— would be should we win the election. i explained how to make innovation swifter. i explained we would change planning laws very rapidly so that data centres would become a national priority. and i explained about the stability that the labour government would bring to the running and management of the economy again. so these companies were preparing for these companies were preparing for the fact there could be a labour government. 0nce the fact there could be a labour government. once there was a labour government. once there was a labour government they could act swiftly. amazon web services recently announced an £8 billion investment into the british economy going forward. they are represented at this summit too. this is the work we have been putting in. you can now see the signs that we are unlocking

the potential that britain has. higher standards for workers, greater investment for around the world, planning for the long term, thatis world, planning for the long term, that is what this government is doing. that is what this government is doinu. ., . that is what this government is doin., ., ., ,. . that is what this government is doinu. ., . ,. . , , that is what this government is doing. you are science ministers so i imaaine doing. you are science ministers so i imagine you _ doing. you are science ministers so i imagine you have _ doing. you are science ministers so i imagine you have watched - doing. you are science ministers so i imagine you have watched the - i imagine you have watched the spacex rocket. we have been running these images this morning. departing and coming back, incredible images. spacex owns by elon musk, who is not going to be with you today. and we understand he wasn't invited. surely you should have people like him, one of the most powerful men in the world, if you like, in terms of technology and science, in the room with you? technology and science, in the room with ou? ~ ,, technology and science, in the room with ou? ~' ,, , .,, with you? like your viewers i was watchin: with you? like your viewers i was watching slack-jawed _ with you? like your viewers i was watching slack-jawed in - with you? like your viewers i was i watching slack-jawed in amazement with you? like your viewers i was - watching slack-jawed in amazement at watching slack—jawed in amazement at the staggering achievement that he had yesterday, to see that booster rocket coming back to earth was a stunning achievement. elon musk doesn't tend to do these kinds of things. he has never come to any

previous investment summits. what we have been doing is looking at those companies around the world who are actively looking at destinations for investment. i am actively looking at destinations for investment. iam not actively looking at destinations for investment. i am not aware at the moment of his company is looking on that scale to invest. but of course i am always here and i am always engaging with his companies, the ones domiciled here in the uk. i would happily have a conversation with elon musk at any point in time. it would be a slightly different conversation than the one he had with rishi sunak when he was prime minister, which unlocked no investment. at the conversations i would love to have with him about the potential for investment. would love to have with him about the potentialfor investment. but right now, we have got all these companies coming to london to look at investing in the united kingdom. these are companies already proactively looking at destinations to invest. we just have to make sure that the united kingdom is seen as the very best place to invest. the fact we are making the hard decisions to get our economy back on track and get growth into it, it matters to them. the fact we are

doing regulatory reform, planning reform, and increasing workers' right so we have a great workforce focused on the best of britain, productivity challenges, ensuring we are the best place to come and invest. these are all things we are doing. this has been noticed by companies around the world and today we see the evidence of it. we companies around the world and today we see the evidence of it.— we see the evidence of it. we have re orted we see the evidence of it. we have reported in — we see the evidence of it. we have reported in the _ we see the evidence of it. we have reported in the last _ we see the evidence of it. we have reported in the last hour— we see the evidence of it. we have reported in the last hour the - reported in the last hour the manchester city council have just announced they are going to use the hardship support fund to help some pensioners who are going to lose their winter fuel allowance. i'm just wondering what you think of that? irate just wondering what you think of that? ~ ., ., , ., ., , that? we have made sure that as we make these — that? we have made sure that as we make these hard _ that? we have made sure that as we make these hard decisions _ that? we have made sure that as we make these hard decisions to - that? we have made sure that as we make these hard decisions to get i that? we have made sure that as we| make these hard decisions to get our economy back on track again at that pensioners will have more money, all pensioners will have more money, all pensioners will have more money next year, than they had of this year. that is because we committed to the triple lock. but we also have to take those very tough decisions to make sure our economy can get back on track, because if we keep delaying those decisions like the previous government, we will end up

in a worse state than they left our government in. ion in a worse state than they left our government in.— in a worse state than they left our government in. can i 'ust interrupt ou? you government in. can i 'ust interrupt you? you h government in. can i 'ust interrupt you? you are trying _ government in. can ijust interrupt you? you are trying to _ government in. can ijust interrupt you? you are trying to get - you? you are trying to get pensioners to have more money next year than they do this year, from what date? mil year than they do this year, from what date?— year than they do this year, from what date? �* , , ., , ., what date? all pensioners will have more money _ what date? all pensioners will have more money in _ what date? all pensioners will have more money in their— what date? all pensioners will have more money in their pocket - what date? all pensioners will have more money in their pocket next i what date? all pensioners will have l more money in their pocket next year than this year. but more money in their pocket next year than this year-— than this year. but not this winter? no? not