sunak, what would _ chooses to demote rishi sunak, what would that— chooses to demote rishi sunak, what— really values loyalty. to that banner ahead, _ really values loyalty. to that banner ahead, my _ really values loyalty. to that banner ahead, my love - really values loyalty. to that | banner ahead, my love affair really values loyalty. to that - banner ahead, my love affair with boris is over. interesting given meds on the front of the telegraph which is supporting an employee of the prime minister and the love affair with borisjohnson over and downfall for ignoring the faithful, she says. t downfall for ignoring the faithful, she sa s. :, :, i. she says. i have to tell you, i haven't had _ she says. i have to tell you, i haven't had the _ she says. i have to tell you, i haven't had the benefit - she says. i have to tell you, i haven't had the benefit of. she says. i have to tell you, i - haven't had the benefit of reading what you just read out but an unwavering supporter of this government and borisjohnson the past but feels selling her ideals and the daily mail still standing by

sunak saying he will help— businesses, rishi sunak saying he will help businesses hire, etc.es hire, etc. it feels a _ will help businesses hire, etc. it feels a bit — will help businesses hire, etc. it feels a bit like too little, too late, — feels a bit like too little, too late, which is what the government should _ late, which is what the government should have been talking about a lon- should have been talking about a long time — should have been talking about a long time ago. for too long, they've been talking about how to divide up the pie and tax people more here and less they— the pie and tax people more here and less they are, tax rebates, etc — but very— less they are, tax rebates, etc — but very little talk about how to help businesses to hire and grow, and lower— help businesses to hire and grow, and lower corporate tax to help investment in the uk, making it easier— investment in the uk, making it easier for— investment in the uk, making it easier for startups to get bigger, help investors who want to put money in and make _ help investors who want to put money

rishi sunak was quite a _ nowadays, whereas rishi sunak was quite a strong individual, may be a challengehat's all gone away now. this really — that's all gone away now. this really is — that's all gone away now. this really is talking about the issue of the corporation tax increase, which is going _ the corporation tax increase, which is going to — the corporation tax increase, which is going to come into focus and the item budget when it will go ahead, and there — item budget when it will go ahead, and there is concern that heaving more _ and there is concern that heaving more taxes — and there is concern that heaving more taxes on business will damage the recovery and so forth. sol think there _ the recovery and so forth. sol think there is a real concern here. we are _ think there is a real concern here. we are quite, it's not a surprise to me because — we are quite, it's not a surprise to me because rishi sunak told them he just last _ me because rishi sunak told them he just last week that they can start cutting _ just last week that they can start cutting taxes until inflation is u

rishi sunak says bringing forward a tax cut will stoke inflation further.oint stoke inflation further. this is the point about _ stoke inflation further. this is the point about inflation, _ stoke inflation further. this is the point about inflation, and - stoke inflation further. this is the point about inflation, and the - stoke inflation further. this is the l point about inflation, and the thing about— point about inflation, and the thing about - _ point about inflation, and the thing about - it— point about inflation, and the thing about - it is— point about inflation, and the thing about — it is incredibly difficult and, _ about — it is incredibly difficult and. my— about — it is incredibly difficult and, my goodness, what a difficult balancing — and, my goodness, what a difficult balancing act everyone has got at the moment. it is the perfect storm with the _ the moment. it is the perfect storm with the war— the moment. it is the perfect storm with the war in ukraine, the situation _ with the war in ukraine, the situation with gas prices, etc. and th

sunak— ideologically onboard, that rishi sunak is— ideologically onboard, that rishi sunak is the low is the low tax chancellor, but he is also _ sunak is the low tax chancellor, but he is also the augustinian chancellor, just not yet. of course, it is welcomed news, the conservative party is looking at, the government is looking at ways of cutting _ the government is looking at ways of cutting taxes, be they personal taxes _ cutting taxes, be they personal taxes or— cutting taxes, be they personal taxes or business taxes. too often, provisions— taxes or business taxes. too often, provisions forget the link between taxation. — provisions forget the link between taxation, government spending and a comic— taxation, government spending and a comic growth, and it is interested in cutting — comic growth, and it is interested in cutting the cost of living, it really — in cutting the cost of living, it really should bear in mind that for marry— really should bear in mind that for many people, the largest cost of living _ many people, the largest cost of living is— many people, the largest co

rishi sunak_ they are about, cutting taxes. rishi sunak is_ they are about, cutting taxes.ng to that 2024 date for that _ sunak is sticking to that 2024 date for that cut in income tax, saying they— for that cut in income tax, saying they can't— for that cut in income tax, saying they can't do any sooner. there'll be pressure — they can't do any sooner. there'll be pressure from conservative backbenchers to cut taxes, but currently — backbenchers to cut taxes, but currently the government says no, we can't currently the government says no, we cent stake _ currently the government says no, we can't stake inflation. the currently the government says no, we can't stake inflation.— can't stake inflation. the daily mail headline _ can't stake inflation. the daily mail headline is _ can't stake inflation. the daily mail headline is "now- can't stake inflation. the daily mail headline is "now brace i can't stake inflation. the daily | mail headline is "now brace for can't stake inflation. the daily - mail headline is "now brace for pain of the big crunch." we�*ve heard warnings fr

the report talks about the fact that rishi sunak— talks about the fact that rishi sunak has said he willnding can be cut in other— cuts in taxes if spending can be cut in otherareas, and cuts in taxes if spending can be cut in other areas, and yet none of the ministers _ in other areas, and yet none of the ministers in — in other areas, and yet none of the ministers in the cabinet perhaps understandably seem particularly positive _ understandably seem particularly positive about cutting being spent —— spending being cut in their areas — —— spending being cut in their areas. what do you do? do you risk a rise further— areas. what do you do? do you risk a rise further in — areas. what do you do? do you risk a rise further in inflation? it's an extremely— rise further in inflation? it's an extremely difficult position for boris — extremely difficult position for borisjohnson to be in, and it's unciear— borisjohnson to be in, and it's unclear where his actual preference lies unclear where his actual preference ties given _ unclear where his actual preference lies given that at one time, he s

chancellor of the exchequer rishi sunak has promised to cut taxes at his next budget.ers of boris johnson's conservative party almost oppose the prime minister earlier this week. johnson plans to present head with legislation to override parts of the brexit deal. joining us now is lizzy burden, our emea correspondent, is this an attempt by boris to cynically change the agenda and move away from the scandal and pressure within his party? >> you could argue it is boris johnson coming out guns blazing. some of the tory press called it a hollow victory, so why wouldn't he want to move on from that? the foreign secretary liz truss has been trying to show that she is not afraid to stand up to bo ris, even though once upon a time she was a remainder. at the same time this is a massive gamble for boris johnson, it risks stoking anger among pro-eu mp's who voted against him last night. and if brussels retaliates in the trade war, it will only add to the cost of living crisis in the u.k. so i would question where this is coming from. tom: what would you say about the announcemen

this morning we had rishi sunak, the chancellor— morning we had rishi sunak, the chancellor came outall rallying round this message — they are all rallying round this message of getting the big right. which _ message of getting the big right. which they say boris johnson is critics— which they say boris johnson is critics disagree with, other than i think— critics disagree with, other than i think their— critics disagree with, other than i think their vaccine roll out particularly. but, the ukraine war, here _ particularly. but, the ukraine war, here talking about the need to get on with— here talking about the need to get on with delivering, what people want _ on with delivering, what people want the — on with delivering, what people want. the trouble with that message ithink— want. the trouble with that message i think is— want. the trouble with that message i think is that that is the message that we _ i think is that that is the message that we have been hearing. the cabinet. — that we have been hearing. the cabinet, numberten save that we have been hearing. the cabinet, number t

since rishi sunakjust took a _ replace him. his taxpayers, his wealth. and liz— around his taxpayers, his wealth. and liz truss has been quite high in the pole _ and liz truss has been quite high in the note but— and liz truss has been quite high in the pole but people don't seem to be quite sure _ the pole but people don't seem to be quite sure. it's interesting that ben wallace has taken the position and being — ben wallace has taken the position and being talked about as somebody potentially in the frame to succeed boris _ potentially in the frame to succeed borisjohnson. it's important to remember— borisjohnson. it's important to remember that even though he's doing quite remember that even though he's doing guite wett— remember that even though he's doing quite well and as it doesn't seem like there's any particular agreement amongst conservative mps about who — agreement amongst conservative mps about who the successor to the pm shoutd _ about who the successor to the pm should be — about who the successor to the pm shoul

because 's campaign. i run rishi because 's campaign. resigned tomorrow if every single member of his party said, "please, you have to resign." i think he would carry on. i think he has that self belief. also, a real need to not leave as a failure. despite the fact that every career does end that way. there isn't enough wd—40 in the world to get him back out of downing street. i agree with ali, i don't think he's going anywhere. i think the tory rebels are thick, because they went on far too early. they could be moving against him now and have a far better chance to succeed. but previous tory leaders, when they've left and resigned, it's because they've seen the way the wind is blowing. borisjohnson isn't really a natural conservative. he doesn't really have much respect for the party. i do think he's more interested in making sure he has a legacy behind him that he can leave on some kind of a high when he does finish. so i think what you're looking at is some kind of snap election in the next year or so. when you feel something 's going

rishi sunak. _ not one possible successor. rishi sunak. li2— not one possible successor.y a candidate. a former cabinet _ potentially a candidate. a former cabinet minister was saying to me one thing — cabinet minister was saying to me one thing that might keep them in number— one thing that might keep them in number 10 is because there is not that obvious successor. is it worth having _ that obvious successor. is it worth having boris— that obvious successor. is it worth having borisjohnson in place, or a messy— having borisjohnson in place, or a messy leadership contest that plays opposition hands? that is a question going _ opposition hands? that is a question going through the minds of the wavering — going through the minds of the wavering conservative mps later today _ wavering conservative mps later today it — wavering conservative mps later toda . . wavering conservative mps later toda . , ., ., today. it is down to the conservative _ today. it is down to the conservative mps - today. it is down to the conservative mps to i today. it is down to the - conservative m

dr rishi says that, in any week, he sees two or three patients whose kidney problems began in the gulf and has to be paid for by the state, yet nepal is one of the world's poorest countries. few nepalis have received compensation, either from the companies they worked for or from the countries of the gulf, which are among the world's richest. for migrant workers, even raising safety concerns can be dangerous, as a kenyan called malcolm bidali found out. i used to be a security guard in qatar. i myself have been posted outside. in just the shortest amount of time, you can be covered from head to toe in sweat. like, you are drenched, completely drenched — it's that hot. it was around mid—2020. this was around the peak of summer. during this time, the ministry of labour prohibits people from working under the sun from around 10am to 3pm. malcolm was guarding buildings owned by the qatar foundation, a charitable trust with links to the qatari royal family. on one occasion, we had one vvip, a member of the ruling family, visit the property. she arrived at around 10am or 11am, i think. and b

last month rishi sunak _ seeing enough of that.ced _ seeing enough of that. last month rishi sunak announced another - seeing enough of that. last month i rishi sunak announced another mini budget with another £15 billion and borrowing to try to help the poorest households and i'm sure we will hear questions at prime minister's question time for more and i don't think anything is expected this side of the summer recess in terms of government action, they feel they have done enough for now but this question of high inflation and the way it will cool the economy for two years to come as no the defining feature of politics. train services face further disruption this morning after yesterday's strike action — despite no walk—outs taking place today. talks between network rail and the rmt union will take place later this morning, but tomorrow's strike is likely to go ahead anyway — and rail bosses say today's services will be "thinner" than usual. our consumer affairs correspondent colletta smith has more. the first day of rail strikes

rishi sunak pulled the lever— into throw it in.will be £300 injuly people cosmic pockets. some of that money will be £300 in july and people cosmic pockets. some of that money will be £300 injuly and £300 in the _ money will be £300 injuly and £300 in the autumn. but the crisis is going up— in the autumn. but the crisis is going up all the time so it needs bouider— going up all the time so it needs boulder action and bigger plans, irigger— boulder action and bigger plans, bigger ideas to try and catch up with the — bigger ideas to try and catch up with the cost of living, or we get to that _ with the cost of living, or we get to that horrible 1970s phrase, hyperinflation where living standards plummet. yet again, unfortunately _ standards plummet. yet again, unfortunately ending _ standards plummet. yet again, unfortunately ending on - standards plummet. yet again, unfortunately ending on quite l standards plummet. yet again, j unfortunately ending on quite a depressing note. moving on to potentially some good news for some, iphone

that was before the rishi sunak package. it will be interesting to see if there are revisions to the growth and inflation forecast. and to see any hints of what the future redpath could be. our economists reckon you will see 25 basis point successive hikes until november and pausing at 2% there. francine: thanks so much, lizzy burden outside the bank of england. i'm here in zurich covering the snb for you. investors are wondering how long the governor thomas ordan, can push against this global tightening cycle. switzerland has the lowest interest rates and the world, -0.75%. they have not moved in more than 10 years. can they allow be f -- the franc to appreciate a little bit to deal with inflation sooner rather than later. tom: even if they don't increase rates, we will be watching the language around the swissie from thomas horton & co. given what they said about the valuation of the swiss franc in previous meetings. let's get to some of the corporate movers of the day. veolia in terms of the regulatory front, this french

chancellor rishi sunak has announced extra support which he admits is going to be inflationary. doves, the economy unexpectedly contracted in april. consumer confidence is low. you are starting to see straws in the wind in the housing market falling and the same could be said of the jobs ticket yesterday -- jobs data yesterday in the labor market. economists reckon you are going to see a cautious hike of 25 basis which today which would take the key rate to 1.25%, the highest in 13 years. tom: the rate we are seeing for central banks, the ecb playing catch-up of course, the fed ahead of the pack. how does that all impact the decision-making from policymakers at the bank of england? >> we are not expecting to see the fireworks we have seen out of the ecb and the fed from the boe. that is partly because it was one of the first out of the gate with his tightening. if you look how the pound fell against the dollar to its lowest since march 2020, that is because the traders expected the fed to be more aggressive down the line, not the bank of england. but also if you look how much th

rishi sunka, but with the current state of affairs in the economy and falling living standards, his positionlnerable to the closest competitor of unoka, ministers of foreign affairs, though many conservatives. for her skeptical attitude, the former adviser to johnson, dominimics, called her a hand grenade that explodes everything that the stone has to do with, and also stated that johnson was not able to cope with his duties. premiere. there are times, irish, bags their ambitions, while they prefer not to indicate expressing support for the surviving head of government. i am pleased that my colleagues supported the prime minister. i support him 100%. now it's time to get to work. so, johnson’s position is unsteady formally, he is still at the helm, but there are such passengers behind him that at any moment they can ask him to leave few seconds. an impressive traffic jam in the direction of the center was formed this evening in the west of moscow, the cause was an accident on krylatskaya street, as a result of which one person died . first , the van crashed into a car. they stopped on the tr

talking of. inflation, martin, the ft have got story about rishi sunak defending the 10% rise for pensionersensions is that they are not an input cost into the cost of producing goods and services. they don't add to inflation the same way. but a lot of people will think shouldn't pensioners be getting 10% and we have to settle for one or two or 3%? the argument... we all know about the triple _ the argument... we all know about the triple locked. it's an inflation linked _ the triple locked. it's an inflation linked rise — the triple locked. it's an inflation linked rise and it went into abeyance for obvious reasons. some would _ abeyance for obvious reasons. some would say _ abeyance for obvious reasons. some would say good nurses or teachers add an— would say good nurses or teachers add an input cost of goods and services — add an input cost of goods and services that we consume, certainly nurses— services that we consume, certainly nurses in— services that we consume, certainly nurses in particular would argue they— nurses in particular would argue they are — nurses in particular would ar

along with italy, rishi france the governments of slovakia, hungary, romania, bulgaria, and finland unofficially. the war against the ussr involved no wages, danish and swiss. as part of the viking and nordland. s. s divisions. the dutch netherland s. s 1000000000 ss volunteers. the flanders legion, the spanish blue division of the albanians scandal. bye as ask, as well as notoriously vicious ss offices from lithuania, estonia and ukraine. almost all of europe led by nancy germany took part in the slaughter of soviet nationalists, 1st and foremost slavic people who then he'd love like a cheap bah madame. i'm vague to know you alf tie in contact with the 2nd front. so loaded in the west was formed a mere 11 months before victory day. ah, when it became clear that the red army could manage on its own in ah, throughout most of the war, the americans and the british were confronting 10 german divisions between us. while the soviets were confronting more than 200 german divisions by themselves with honda, so the addition died from fund license and the dodge into mobile homes of crusoe read the destin

would be desperate to avoid it they say he is the first cabinet minister known to have challenged rishiith inflation can lead to hyperinflation, potentially. with it would did what he wants remains to be seen by make above inflation is what they're looking forward to. haifa above inflation is what they're looking forward to.— above inflation is what they're looking forward to. above inflation is what they're lookin: forward to. ., ., ~' looking forward to. how do you think the 're looking forward to. how do you think they're going — looking forward to. how do you think they're going to _ looking forward to. how do you think they're going to handle _ looking forward to. how do you think they're going to handle this, - looking forward to. how do you think they're going to handle this, the - they're going to handle this, the public? james, are you muted? go—ahead. i public? james, are you muted? go-ahead-_ public? james, are you muted? go-ahead. ~ ., ., ., ., go-ahead. i think that nadhim zahawi ist in: to go-ahead. i think that nadhim zahawi is trying to make _ go-ahead. i think that nadh

but that response there in the past few minutes from the chancellor, rishi sunak.sment of the development. this is happening in turbo speed, not only has the threshold been met, 15% of conservative mps writing to that senior backbencher, sir graham brady, saying they should be a vote of confidence in borisjohnson, but a decision taken between sir graham brady and downing street that they should get on with it, and the prime minister is keen to get on with it, to try to get it out of the way. there is confidence in downing street, in fact across the party, including among sceptics, that he is likely to win the vote, but the bottom line is that a vote of confidence in a political leader is never a good thing, because even if they win arithmetically very comfortably, the act of it happening is damaging, and there will be a number tonight where we know how many conservative mps would rather somebody else was the prime minister. and it is an anonymous vote, which means those who might not be tempted to say very much publicly, because they worry for their own prospects,

that's alongside a reminder of the fines given to borisjohnson and rishi sunakfor breaking covid regulationsial times looks to the us, where the federal reserve has increased its benchmark policy rate by 0.75% to try to tackle inflation — it's the biggest rise since 1994. and the mirror has a plea from the family who donated the heart of their stillborn child to help another child. they're now trying to find a donor organ for their 16—month—old daughter, beatrix. plenty to get on with what stopped believing to you both, thanks very much for coming on. one big story dominating the front pages, it broke a few hours ago, starting with the guardian's coverage of it. their headline, "pm under pressure again a second ethics adviser quits." talk us off. , , . , second ethics adviser quits." talk us off. , , ., , ., ., us off. just as he thought he had moved away _ us off. just as he thought he had moved away from _ us off. just as he thought he had moved away from partygate - us off. just as he thought he had moved away from partygate to i us off. just as he thought he had i moved away from partyga

the financial times reports on what is calls a "debt blunder" by chancellor rishi sunak — who reportedlyquandered £11 billion of taxpayers money, by paying too much interest on the government's debt. the telegraph leads with the two british men who've been sentenced to death by russian—backed separatists, after they were captured fighting for the ukrainian army. it makes the front page of the metro too — which refers to the men as "putin's pawns", and says they'll be executed by firing squad. the i says the death sentence has breached the geneva convention and says russia accuses them of being mercenaries despite their membership of the ukrainian army unit. and finally, theguardian leads with a different story, highlighting the knock on effect of rising food and fuel prices which are causing low—paid workers to call in sick because they can't afford to drive to work. good evening to you both. thank you for coming on. will start with the story of ukraine just because it dominates so many of the front pages, it was our top story at ten o'clock this evening. the front page of the matter, da

cost—of—living speech that brings up the intriguing prospect of a joint speech between forrestjohnson and rishiin policy terms. 0ne very, very busy week in policy terms. one of the problems boris johnson faces now, because of the various scandals he is enmeshed in, is there is a tendency to do a weirdly shrug... it was striking the chancellor put out his packages help people with the cost of the crisis, the degree of cynicism you saw about it, but the government needs to try and get it back, win back the agenda with real policies, and this week will give us some indication as to whether or not they are able to do that. ., ., , ., . ., whether or not they are able to do that. ., ., , ., .., , ., whether or not they are able to do that. ., ., , ., , ., ., that. natasha, can they do that? that is the _ that. natasha, can they do that? that is the question, _ that. natasha, can they do that? that is the question, because - that. natasha, can they do that? that is the question, because a l that. natasha, can they do that? i that is the question, because a lot of voters might be turned off by all of

chancellor rishi sunak says... liz truss, the foreign secretary, says...and to put these distractions behind us. the vote is an opportunity to draw a line in the sand. if we don't take it we will not be talking about the cost of living and we will not talk about the queen speech agenda whether it's skills or crime—fighting or social care, we will be talking amongst ourselves. (are, we will be talking amongst ourselves. , , (are, we will be talking amongst ourselves-— (are, we will be talking amongst ourselves. , , ., . , ourselves. depending what sources ourselves. depending what sources ou are ourselves. depending what sources you are reading, the _ ourselves. depending what sources you are reading, the daily - ourselves. depending what sources you are reading, the daily mail- you are reading, the daily mail thinks 157 conservative mps will support borisjohnson, reuters puts that at 160 and it's not doubting their reporting to point out that what mps say publicly does not necessarily equal to how they will vote. conservative mp andrew bowie has tweeted to

it is clear that rishi sunak, his chancellor, takes a more traditionally conservative view.ent, don't they? i think he couldn't take the resignation of his chancellor. because he is now two weeks. —— because he is now too weak.. i think that would be one of the things, so he has to go along. boris is a really opportunistic politician. i did once ask him, "boris, how do you come to your views? because they are sort of a mixture." it is easy, i wonder if it might ask what the wheelers and i do hundred and i do 180 degrees opposite "and i can't go wrong." that is a typical boris joke but he is veryjournalistic. journalists — maybe marc has firm views — most journalists are very floating voters, they go all over the place on policy. so does boris. he is a total opportunist, he doesn't have really clear, deep beliefs. and the conservative party, certainly, they are beginning to understand this. it is perhaps why none of us have gone into politics clicks, because imagine the damage we would have done without inconsistent views. talking about opportunism, he reminds me of david llo

the chancellor rishi sunak reported to the 1922 committee of conservative backbenchers tonight, and hehen physical conditions allow, so those mps waiting for tax cuts, i think they are going to wait a longer —— fiscal conditions. the chancellor is not willing to loosen his purse strings enough to do it right now, as a result of the pandemic, among other things, the national... the debt has been rising because of the money that had to be borrowed for furlough schemes and stuff like that, so i do not think a tax cut is coming around the corner terribly quickly, which as you say is quite a difficult message for borisjohnson to communicate to his backbenchers who are clearly restless and want him to listen to their concerns that he do something about it.- he do something about it. martin, front of the _ he do something about it. martin, front of the metro _ he do something about it. martin, front of the metro of _ he do something about it. martin, front of the metro of which. .. - he do something about it. martin, l front of the metro of which. .. these front of the metro of which... these

the financial times reports on what is calls a "debt blunder" by chancellor rishi sunak — who reportedlyentenced to death by russian—backed separatists, after they were captured fighting for the ukrainian army. it makes the front page of the metro too — which refers to the men as "putin's pawns", and says they'll be executed by firing squad. the i says the death sentence has breached the geneva convention and says russia accuses them of being mercenaries despite their membership of the ukrainian army unit. and

proposed by prime minister boris johnson, but also on the agenda today, so a busy one and chancellor rishi weekend, the weather for the week ahead will be a tale of two halves. so, in the north, it was quite unsettled, windy with showers. not as windy this week but remaining quite cloudy at times with some outbreaks of rain. getting a little warmer potentially later in the week but not as warm as it will be for england and wales. northampton fairly typical of many parts of england, seeing those temperatures pushing towards 30 degrees by the end of the week. the reason being the azores high is pushing its way northwards. so, we'll say goodbye to the low pressure that's brought the unusually windy weather through the weekend and a lot of showers. we will still have cloud approaching the west, though, towards dawn on a weak weather front. elsewhere, i think under the starry skies as the showers have been fading, just a little on the chilly side at 6 or 7 first thing. but plenty of sunshine to start with, then that tends to ease away as the cloud spills across scotland, bringing some patchy ra

we have rishi sunak promising to cut taxes at his next budget audit. it was one of the demands of one of the board members who opposed the prime minister this week. johnson plans to press ahead with legislation over -- to override the brexit deal. let's get more with leigh-ann gerrans. is this johnson trying to shore up more of the party with these moves after this week's drama? leigh-ann: i couldn't agree more. that is exactly what he is trying to do, and boris johnson has said he is going to fetch on. today is going to be interesting because it is the first time boris johnson faced prime ministers questions, and that confidence vote did happen earlier this week. mp's are going -- he is going to face them knowing almost 40% of them didn't want him to leave on monday, which is a big cut. -- 40% of them did want him to leave on monday, which is a big cut. that is to appease these discredited rebels within an side of the tory party so that is what is going to be a big move that we see there. as you mentioned, brexit is back on the agenda. the government

revert, in terms of his language, at least, to perhaps more thatcherite slogans and it's clear that rishiagingly for government, don't they? well, i think he couldn't take the resignation of his chancellor. i think that will be one of the things. it would just... because he's now too weak. ..so he's got to go along. boris is a really opportunistic politician. i did once ask him — i said, "boris, how do you come "to your views? because they're a sort of a mixture. and he said, "oh, it's easy". he said, "i just find out what the wheelers are thinking" — that was his second wife's — "and i go 180 degrees opposite and i can't go wrong". shaun laughs. now, that was a typical boris joke but actually, he's very journalistic. and journalists — maybe marc has very firm views — but mostjournalists are very, very floating voters. they go all over the place on policy. so does boris. he's a total opportunist. he doesn't have really clear, deep beliefs. and the conservative party — certainly, they are beginning to understand this. it's perhaps why none of us have gone into politics — can you imagine th

the problem for rishi sunak's he seems to be allergic to -- and seems to be keener on raising taxes toor all this. most conservatives don't agree, so there are on a mental argument going on there. francine: tom: tim bale, professor of politics at the university of london, rate analysis following that victory at least for now for the prime minister, but risks to his premiership in the months ahead, francine. francine: twitter repeats that it will hold elon musk responsible as see threatens to pull out in a battle over spam and bots. that story is next. this is bloomberg. ♪ francine: welcome, everyone. it's the open and we are 42 minutes into the trading day. this is the picture for european stocks, down .4%. futures in the u.s. dropp ing, yields climbing. they are trying to dump risky assets today, tom. tom: that is a factor when it comes to twitter, the pressure on the tech center and how this is looking like a less juicy prospect for elon musk. the social network responded to elon musk's renewed demands for information about fake accounts, saying it will continue sharing information i

rishi sunak - some of the policies.what you mean by that? it probably means tax _ policies... what you mean by that? it probably means tax cuts - policies... what you mean by that? it probably means tax cuts in - policies... what you mean by that? it probably means tax cuts in ways. how do you pay for the damage from covid if you don't tax the population? it covid if you don't tax the population?— covid if you don't tax the population? covid if you don't tax the --oulation? , ., ., population? it is great for me because i'm _ population? it is great for me because i'm a _ population? it is great for me because i'm a backbencher i population? it is great for me | because i'm a backbencher and population? it is great for me - because i'm a backbencher and not the chancellor of the exchequer! it is all very well, if we don't do something they will be out of office. �* , , ., something they will be out of office. �* , ., ., office. i'm sure you have thought for a bit before _ office. i'm sure you have thought for a bit befo

the chancellor of the exchequer, rishi _ the chancellor of the exchequer, rishi sunak, previously tipped lot of talk in westminster this morning about what the impact of thatjubilee weekend might have been in the fact there was a vote yesterday. mps going back over the half term break to their constituencies and hearing from their constituents. and also wondering about whether that sense of unity we discovered over the weekend, does that now have an impact in borisjohnson persuading his party to unite behind him and carry on forward? westminster is always full of gossip and predictions at times like this. this is a bit spooky. there was a prediction of the actual numbers of the vote in a rather unexpected place last night. someone spotted this and put it on twitter. this is a bus stop in parliament square, outside the palace of westminster. if you look at that time, those numbers, the reason we are showing it is it is because it is the stopping point for the number one for eight and for the 211 service. "148. that was how the for eight and for the 211 service. —— 148. that was how the vo

that was not an accidental phrase because in the room at the same time on the sunday morning show was rishi. and i looked across at him when i said it. and it was very nuanced because obviously myjob, there are many things that many people can do, but the difficulty right now is on energy bills and the poorest in society for whom there isn't much left. and it was, that was that was a baton throw, that was looking at the chancellor and saying, "money—saving is out. this is yourjob, mate. this is yourjob, not myjob." so that was that was not an accidental throwaway phrase. that was a deliberate, nuanced political challenge. we spoke to a former director of communications at number 10 who said martin lewis is one of the most influential people in britain. is that a label you would relish? it makes me want to vomit. yeah, because i don't think any time you think of yourself like that, itjust makes you scared. and i have to say, the last few years have been incredibly scary on a personal basis. first, with the pandemic, when i sort of found myself in an intermediary role between the government a

this does not include the recent package of help by rishi sunak which may alter it a bit, but they sayonomy has been hard hit. then back to the top of the league for the ugly, which is inflation, forecast as we know to hit io%. inflation, forecast as we know to hit 10%. again the uk imports more thanit hit 10%. again the uk imports more than it exports and the uk economy has been weaker when it comes to oil and gas which trades in dollars. that is the key thing influencing politics, people's lives at the moment. you saw from katie austin's package that people feel their living standards are going down and they are getting poorer every day and the cost of living is outstripping wages. you can see the battle for pay is well and truly under way. the bank of england says it cannot bow to pressure for high pay rises and that will stoke inflation further and that infuriates the unions and this will not be the last industrial battle we see this summer. just two weeks ago we reported on the mass shooting at a primary school in texas. an 18—year—old gunman used a powerful assault rifle to kill

and chancellor rishi sunak is among those celebrating this success in london today at the kick off ofthis event — russ shaw, founder of tech london advocates and global tech advocates, joins me now. he has got up very early to speak to us about this? why are uk tech start—up so attractive right now? i uk tech start-up so attractive right now?— right now? i think we are seeinu right now? i think we are seeing is _ right now? i think we are seeing is only _ right now? i think we are seeing is only successful| seeing is only successful companies in different parts of the technology sector, from financial technology companies, educational technology companies and told all securing interest from investors not just here in the uk but from the us, asia and other parts of the us, asia and other parts of the world, we are seeing over 100 tech unit calls $1 billion value companies, and i think success is begetting success. we can't become complacent but i think we will celebrate some of that exciting news this morning and as you mentioned great to have the chance to join us to kick off london t

the one good thing that happened boris johnson was the fact that rishi sunak was also fined for a breach of a lockdown regulations and got into trouble over the discovery his wife is not painful u.k. tax and that the chancellor had a u.s. green card until relatively recently. that resulted in a severe decline in the popularity of the chancellor who was the person voters thought was the -- guy: i think we may have lost the professor, which is unfortunate. what he was saying about the possible successor to boris johnson, were he to lose that vote. we have seen jeremy hunt indicated that potentially he would step in and throw his hat into the ring where that to happen. there are others. the foreign secretary would be interested in the job. forrest johnson does not have a clear and obvious successor. professor, we understand you are back with us. in terms of what will change as a result of this vote, will the prime minister be able to do things like triggering article 16, which could be illegal as well. this issue of lawbreaking has become a major one for his government. triggering article 1

there has not been a senior resignation over partygate and rishi sunak was the person around her most be most activity but he himself has been deeply damaged by partygate been deeply damaged by pa rtygate affair been deeply damaged by partygate affair and the economy going south. in theory, the cabinet would be the place for that to happen. what is more likely is that although on paper borisjohnson is safe for another year under the rules of the committee meeting, but it didn't do theresa may much good. she had a no—confidence vote and won it, much better in some ways but it did not mean she was out because ultimately they can change the rules if necessary. but that said, we know boris johnson necessary. but that said, we know borisjohnson is extremely resilient and i can be certain he will fight it till his last political breath.— he will fight it till his last political breath. let's bring in shawn — political breath. let's bring in shawn and _ political breath. let's bring in shawn and what - political breath. let's bring in shawn and what this - political breath. let's bring | in

it was rishi sunak two months ago, but jeremy hunt... ' a number of people try to.ecause it goes down and down. it's like love island.— like love island. like love island. we'll keep _ like love island. like love island. we'll keep an _ like love island. like love island. we'll keep an eye _ like love island. like love island. we'll keep an eye on _ like love island. like love island. we'll keep an eye on that. - like love island. like love island. we'll keep an eye on that. things| we'll keep an eye on that. things moving very quickly this evening. we will keep you right up to date. let's take you back to nick eardley. in the last few minutes, a ministerial aid, in the last few minutes, a ministerialaid, one in the last few minutes, a ministerial aid, one of them has resigned. he has resigned. we believe to vote against the prime minister and the confidence vote tonight, butjust confirm to the last few seconds by the bbc that he has resigned. we're waiting from a statement about exactly why. he is resigning to vote against the prime minister. lots of tory mps queui

the financial times reports on what it calls a "debt blunder" by chancellor rishi sunak — who reportedlypayers money, by paying too much interest on the government's debt. finally, an inspector clueless, the star a statement from the police chief whose apologise for a to her guessing liverpool fans and head of a champions league final. so, lots of different stories to run through. good evening to you both, thanks very much for coming back. we are going to start with the front page of the mirror. david, if you kick us off, it was the ukraine story which off, it was the ukraine story which of course is on so many of the front pages, the miracles with the headline, sentenced to death by putin. ~ , , ., , putin. well, this is the latest outra . e putin. well, this is the latest outrage from _ putin. well, this is the latest outrage from the _ putin. well, this is the latest outrage from the don't - putin. well, this is the latest outrage from the don't ask. putin. well, this is the latest - outrage from the don't ask people's republic, our republic recognised by one country that's called rus

the chancellor rishi sunak did announce some help for motorists in march.y two, but by 5p per litre. but the rac says since then, wholesale petrol costs have increased by five times that amount. the vat is something within the chancellor's grasp to do, and i think something should be done there because it is unfair that drivers are paying 30p a litre in vat. but when you look at it, the chancellor is probably still collecting more tax than before the duty cut, because of the increase in vat going up by more than 5p per litre. after the last peak in the oil price, a big expansion of shale oil production boosted supply, bringing down the oil price. but that took five years. many of today's hard—pressed households can't afford to wait that long. andy verity, bbc news. greg mckenzie is at a petrol pump in north london and we can see the prices there on the board. 186 for unleaded petrol, that is above the average, and what are people saying to you about the price? goad to you about the price? good afternoon- — to you about the price? good afternoon. 186, _ to y

we had dominic rabbi priti patel taking to the airwaves before rishi sunak, and you can see in the linee but people have voted everything like partygate and the economy is another good example. the economy, clearly having a bigger influence on these results in partygate and the economic story has onlyjust begun. goodness knows what it will look like when we get into the winter, with industrial unrest, more inflation and energy price rises. how will they respond? they have already announced what they are going to do and some of the comments are very difficult indeed to know how to respond to. there is a sense in the conservative party, tim montgomeryjust alluded to it, that there is some inconvenience within borisjohnson�*s government, particularly around economic. sometimes they want to deregulate, sometimes to spend more, sometimes to level up and address regional imbalances, and sometimes they want to cut taxes and sometimes all in the same week and there is a feeling among some conservative mps for sure that there needs to be more coherence about what the government actually thinks.

people like tom to can hack, who have never held a government post, it also people like jeremy hon and rishi sunak, who have been building that support for some time, who clearly have a track record for their team to point to. it is going to be a competition between the obvious people and those outsiders. even people within the cabinet, so people like ben wallace, who is discussed has never made any intentions clear. i think it is going to be a competition between those outsiders and those people we have expected to have leadership ambitions for some time. guy: feels a little bit more inevitable after last night. thank you very much, indeed. -- lilah howson-smith. coming up, the pound today shrugging off the prime ministers problems here in the u.k.. hubbell a more to do with other factors, including the data we have seen. little changed on the day, but we are up by around .5%. what is a go from here? will try to answer that question. jordan rochester joining us next. that is his key fx trade going forward. you will have more on that next. this is bloomberg. guy: chatting a little bit higher

rishi sunak�*s beenin about cutting taxes.f course, and this is what always happens _ about. no, of course, and this is what always happens with i about. no, of course, and this is- what always happens with government. the chancellor ends up arguing with the prime _ the chancellor ends up arguing with the prime minister because the chancellor is the person who holds the strings. the main problem with tories _ the strings. the main problem with tories is _ the strings. the main problem with tories is the — the strings. the main problem with tories is the cost of living crisis. as you _ tories is the cost of living crisis. as you say, _ tories is the cost of living crisis. as you say, taxes have gone up, but also, _ as you say, taxes have gone up, but also, cuts _ as you say, taxes have gone up, but also, cuts have gone up. people's supermarket bills have travelled. —— have trebled. it's a perfect storm of inflation — have trebled. it's a perfect storm of inflation and less money in your pocket to — of inflation and less money i