three candidates have been nominated by parliament to replace the outgoing gotabaya rajapaksa. hello and welcome to our look ahead to what the the papers will be bringing us tomorrow. with me are natasha clark, who s a political and environmental correspondent for the sun, and eleanor langford, political reporter at politics home. welcome back to you both. let s take a look at tomorrow s front pages. burning hot britain is the headline in the metro which leads with the record breaking temperatures and fires across the country today. for the mirror, this was the hottest day in history. it shows the damage caused by fires in wennington where several homes were destroyed. the telegraph also leads with the devastation in wennington, describing how hundreds of people were forced to flee their homes. the i says the uk became a tinderbox as fire services as far apart as yorkshire and suffolk declared major incidents. the express leads with the tory leadership contest, and an i
Capital One's chances of getting its $35.3 billion deal for Discover Financial past regulators hinge on the bank showing it can disrupt the close-knit U.S. credit card industry, five experts in corporate law interviewed by Reuters said. Investors are assigning only a 50% chance to the deal being completed amid concerns the proposed acquisition could become a lightning rod for U.S. regulators and lawmakers fretting over high credit card interest rates and fees. To boost its chances of getting the deal approved, Capital One will have to show it will share some of the deal's $2.7 billion in projected pre-tax cost-savings with consumers, the people said.
"What we don't do anymore – and that is a very well-known example – is offer seat heating by this way. It's either in or out," a company executive said.
winners for economics say it will ease long-term inflationary pressure. the bottom line, if price increases are what you re worried about, the best answer is my build back better plan. third thing we re going to do, promote competition. look, in too many industries, a handful of giant companies dominate the market in sectors like meat processing, railroads, shipping and other areas. this isn t a new issue. it s not been the reason we ve had high inflation today. it s not the only reason. it s been happening for a decade. but over time, it has reduced competition, squeezed out small businesses and farmers, ranchers and increased the price for consumers. we end up with an industry like the meat processing industry where four big companies dominate the markets. pay ranchers less for their cattle they grow, charge consumers more for beef,
charge consumers more for beef. prices are up. look, i m a catalyst. a capitalism without competition is not capitalism. it s exploitation. so i signed an executive order to tackle unfair competition in our economy. we ll continue to enforce it working with congress where we can. i ll close with this. we have faced some of the biggest challenges that we ve ever faced in this country these past few years. challenges for our public health, challenges to our economy. we re getting through it. not only are we getting through it, we re laying the foundation for the future where america wins the 21st century by creating jobs that at a record pace. we need to get inflation under control. we have developed an extraordinarily effective booster shots and anti-viral pills. now i need to finish the job to