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the reaction to that and the rest of rishi sunak s first full day in office. and i m shaun ley in the studio, here are our other main stories this hour: public health directors in england urge the government not to make further cuts to their budgets, amid warnings over the effects on the poorest communities. there is a call to make childcare a political priority after warnings that the sector is understaffed. 0h, he s gone, that is exactly what ireland were looking for. and coming up in sport: a shock defeat for world champions england at the hands of ireland in the men s t20 world cup. good afternoon and welcome to bbc news live from westminster. the chancellorjeremy hunt has announced he is delaying the economic statement due on monday, in which he was expected to lay out plans for getting the government s finances in order. he will instead deliver a full autumn statement on november the 17th. the news came shortly before rishi sunak took part in prime minister s questions ....
and a half minutes, that s 20 times limes longer than the target time. where are having technical problems look at the front pages so we are going to look at the will go to our gas. we stock with his dreadful story on the front page of the metro and the sun, shyama, could you kick yourself, tyson s theory at cousin s killing. a, yourself, tyson s theory at cousin s killinu. ,, yourself, tyson s theory at cousin s killinu. ~ ,, ., yourself, tyson s theory at cousin s killinu. ,, . , killing. a young man called rico burton, killing. a young man called rico burton. the killing. a young man called rico burton, the cousin killing. a young man called rico burton, the cousin of killing. a young man called rico burton, the cousin of tyson - killing. a young man called rico. burton, the cousin of tyson fury, the boxing champ, he was involved in some sort of fracas late in the early hours of the morning today and was knifed in his neck and died instantly. has been tw ....
killed. italy s prime and, mario draghi has resigned. the doctors have effectively cured the rare bleeding disorder, haemophilia b. and no ordinary telescope. a first time that scientists will be able to detect the smashing together of neutron stars. welcome to the programme. the foreign secretary, liz truss, says the treasury s economic economic policies have failed to deliver growth for two decades, including the past 12 years of conservative rule. she s rejected concerns that the tax cuts she s promised if she becomes the next prime minister would increase inflation. ms truss and her conservative leadership rival, rishi sunak, are now setting out their pitches to win over the party membership, who will have the deciding vote over the summer. our political correspondent, iain watson, reports. his report contains some flashing images. it s going to be a busy six weeks. liz truss has been in the cabinet for the past eight years, but she s fighting this leadership electi ....
yes, a very warm welcome to all the business news. and we start here in the uk, where skyrocketing inflation is causing big problems for retailers. just how big will be revealed in a few hours when we get those retail sales numbers forjuly. if we look back, sales fell 0.1% month on month injune, and that was a better than expected result as rising energy and fuel prices dented consumer confidence. now that inflation is topping 10%, the british independent retailers association is calling for 100% rates relief to be introduced for smaller retailers, and an energy price cap for businesses. let us get more. andrew goodacre, ceo, british independent retailers association. good morning. thank you for joining us. you are calling for the smaller retail, rate relief and an energy price for business in general. just talk about energy, energy prices have gone through the roof stop how much is it hurting our retailers? how much is it hurting our retailers? ,., ., ., , retailers? ....
let s get down to business. we start with bp, as it s expected to reveal it made record profits in the second quarter. the rising price of oil has given the energy giant a significant boost. in fact bp chief executive, bernard looney, described the energy market last year as a cash machine. so let s take a look at its previous quarter, when bp made an operating profit of $8.2 billion. this, despite off loading its nearly 20% stake in russian controlled oil company rosneft. it also instigated a huge share buy back programme. last week, its rival shell reported second quarter profits of $11.5 billion, prompting a backlash in the uk with one trade union leader describing the soaring profits as an insult to households who are struggling with rising energy bills. let s talk this through, with andrew critchlow from s&p global commodity insights. hello to you, andrew. first of all, what are the numbers going to be like from bp? is it record breaking? i to be like from bp? is it re ....