who are using the power of boxing to help improve the lives of people with parkinson s. good afternoon. the government has defended its sweeping range of tax cuts from criticism that they favour the better off. the chancellor kwasi kwarteng s package of measures include scrapping the top rate of income tax for the highest earners and reducing the basic rate by a penny moves the government says will promote growth. the institute for fiscal studies says the richest who pay the most tax will benefit most from a cut. our political correspondent, helen catt, reports. it s an all out attempt to grow the economy with the biggest tax cuts in four decades. at spitalfields market, in east london, they are taking stock of a mini budget that s signalled a massive shift in political direction. what do you make of moves like reversing the national insurance rise? will that help, do you think? i think it probably will help, yes, to a degree, but it depends what bracket you are in in t
the party in the stadium was carried on across england with messages of congratulation from the queen, the prime minister and many more. it continues later. fans gathering at trafalgar square later. it s a big week for news about our energy bills. we find out how much costs will be going up in october and if there could be another rise sooner than expected. i ll have all the details. a big shock at the commonwealth games. world record holder adam peaty is beaten into fourth place in the 100 metres breaststroke, won by fellow englishman james wilby. good morning, we start on a cloudy note with showers in the east. that will move away. many seeing sunny spells until later when we have rain coming in from the west. all the details throughout the programme. it s monday, the 1st of august. our main story. football has come home. england s lionesses have made history in a dramatic win against old rivals germany in the european championship final. there were scenes ofjoy on and of
the first hosepipe ban in wales for 30 years comes into effect, as drought is officially declared in parts of the country. apple has released an urgent security update for its iphones, ipads and macs after two serious vulnerabilities were found that could allow attackers to gain access to someone s device. good morning and welcome to bbc news. i m samantha simmonds. four out of ten young people in the uk signing up for new private tenancies, are spending an unaffordable amount of their income on rent, new figures suggest. housing experts say spending more than 30% of income on rent is unaffordable, and the proportion of young renters grappling with high housing costs is at a five year high. our consumer affairs correspondent colletta smith reports. no one likes paying rent, but right now, people under 30 like mia are paying through the nose. my tenancy is ending soon and looking for new tenancies is just more and more expensive. it s disheartening because it feels like you