The preferred residence. Good morning from london on a day of history and a day of great change. This is stjamess palace, in the heart of london, a stones throw from Buckingham Palace where thousands of people have made their way since the death was announced of her majesty the queen late on thursday afternoon. Queen elizabeth ii, the countrys longest reigning monarch, a constant presence in the lives of the people of this nation. Hers was a life marked with selfless duty and dedication. The focus until now has been at balmoral where she passed away, and at Buckingham Palace where huge crowds have been gathering. But today the focus changes to st jamess palace. The palace has been the residence for Kings And Queens of england for over 300 years. And it was the official residence of the sovereign until the reign of Queen Victoria, when Buckingham Palace became the preferred residence. When the queen passed away, her eldest son charles immediately became king. And today, on this historic
announced by his predecessor, kwasi kwarteng, in last month s mini budgetjust three weeks ago. in an emergency statement this morning, he abandoned indefinitely the planned ip cut in the basic income tax that was due to come next year. help with energy bills will now only last until next april. instead of for two years, and then that will be reviewed. today, jeremy hunt claimed all of those announcements will save £32 billion a year, but he also warned that there are going to be more difficult decisions ahead on tax and spending to cut government debt. he will be addressing mps in the commons later this afternoon, some time after lipm. before then, there will be an urgent question in there will be an urgent question in the commons asked by sir keir starmer. it will not be liz truss responding to that, it will instead be penny mordaunt. so plenty ahead in the commons. in terms of the market reaction, jeremy hunt said that he had sought to reassure the markets this morning and
prices around the world. are your hello, and welcome to our look ahead to what the papers will be bringing us tomorrow. with me are lucy beresford, who is a broadcaster, and sam lister, the political editor of the daily express. hello again to you both. just a quick look through some of those front pages to give you a flavour of what you ll build waking up to. movin on up or is liz movin on out? the lyrics from m people s hit song are not lost on the metro, as the paper questions the prime minister s political future. us hits out at oil cuts that align opec with russia, says the ft, as production is slashed by two million barrels a day. the i has cabinet rebellion growing, and reports on ministers pressurising the pm to reverse plans to squeeze benefits. income taxes to rise by £21 billion despite budget, says the telegraph. the guardian says the embattled pm warns of stormy days and tries to unite mps in opposition to what she calls an anti growth coalition . de
across many areas, there could be a big puddles around on some minor flooding into the morning, certainly will not be a cold morning. temperatures for many in double figures. what were the first thing, scotland and across north east england, sunshine and showers elsewhere. through the day, some of scotland, northern england and northern ireland, some of the driest conditions, wales, the midlands, southern england, this is where showers will develop more widely, become heavy and thundery. the wind will be strongest. temperatures down on today s values, but still warmer than you would expect for the first day of november. wednesday brings this developing low pressure system. heavy rain to go with it across western areas initially, pushing eastwards. never quite reaching some parts of eastern england until very late in the day. the big story for many is the strength of the wind, widespread gales, potentially disruptive gales across the west. as a go into wednesday night, across