to pay stamp duty. i found that out this morning. that s good. it s a trickle down budget. sometime in the future, we may see a benefit, if all goes well. but the poor need help right now. in nother news, four russian occupied areas of ukraine are staging referendums on whether to become part of russia. western governments call them a sham. the first woman to win the booker prize twice, the celebrated author dame hilary mantel, has died at the age of 70. hello. in a massive shake up of the uk s finances, the chancellor kwasi kwarteng has outlined a series of tax cuts and spending commitments that will cost £45 billion by 2027. the independent institute for fiscal studies has described the announcements as the biggest tax cutting budget in 50 years. the government says its policies will help boost economic growth yesterday the bank of england warned the uk may already be in recession. but critics say funding the tax cuts will lead to unsustainable borrowing. the chancellor an
inflation and energy pruces. so, let s begin. there is no great surprise but we were going to start. lovely to see you. let us start with the daily express and we know the story. kate, kick us off. it is a nice summary of the top, can you believe it. cheered by 87,000 fans in wembley and millions of home, england in 56 years of hurt and victories over old rivals in germany. what do you make of the coverage amongst all the papers? of the coverage amongst all the -a ers? ., of the coverage amongst all the .aers? ., ., ”i, of the coverage amongst all the “aers? ., ., , ~ ., of the coverage amongst all the “aers? ., . , ~ ., . , papers? you always know that it is not ust a papers? you always know that it is notjust a sporting papers? you always know that it is notjust a sporting event, - papers? you always know that it is notjust a sporting event, but - papers? you always know that it is notjust a sporting event, but a - notjust a sporting event, but a cultural moment
hasn t got a shred of integrity. mr speaker, isn t this the first recorded case of the sinking ships fleeing the rat? this lunchtime, more conservative mps are signalling their unhappiness about the prime minister s leadership. what do voters think? i think lie after lie after lie. yeah, he s lost the confidence, so he s got to go, unfortunately. i d like to see boris carry on. i think he s done a decentjob. i know he s had a bit of problems. nadhim zahawi arrives at the treasury, replacing rishi sunak as chancellor. with inflation at a ito year high, we ll assess the challenges in his in tray. we ll have all the very latest from here in westminster. our other stories on the programme. dozens of arrests are made in an international police operation, targeting a people smuggling gang thought to have brought 10,000 migrants across the channel. it s kick off tonight for the women s european football championship. england is the host, and among the favourites to win. here at wimb
and the heat is on the met office says today could be the hottest day of the year so far. some parts of the uk will be hotter than athens and ibiza today. what s it like where you are and how are you coping? get in touch @annitabbc and use the #bbcyourquestions. also coming up, birth control for grey squirrels as scientists hope to control an expanding population and save our native reds. hello and welcome to bbc news. the foreign secretary, liz truss, is the latest senior cabinet member to enter the conservative leadership race. ii contenders are now in the running. conservative backbenchers will meet later this afternoon to finalise the contest s rules, which will aim to thin the field quickly. my colleague ben brown is live in westminster for us this morning and we canjoin him now. another very busy day in politics. on that number could grow further still? .. , ., , still? exactly. the weather is heatina still? exactly. the weather is heating up still? exactly. the wea