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Mark welcome to the pulse. Live from bloombergs European Headquarters, im mark barton. We approach what could be the bank of englands first rate cut in seven years. We speak to form of monetary blanchflower and theresa mays cabinet begins its first full day in office. Well talk uks politics with former chancellor of the. Xchequer, lord nigel lawson first up, lets check in on the markets today the fiveday winning run came to an end yesterday but it picks up once again today. The stoxx europe 600 up by. 9 . The ftse is gaining ahead of the. 1 . Ate decision, up by sterling is rising, up by. 5 . 1. 3214. Everybodys waiting for the bank of england. Will we see the first rate cut since march 2009 . Lets get first word news with nejra cehic. Nejra britains new Prime Minister theresa may has announced a key member of her cabinet. Boris johnson becomes foreign secretary. Philip hammond replaces George Osborne. David davis has been assigned the task of overseeing brexit negotiations. Its lowest

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