As Andy Burnham prepares for his first Prime Minister’s Questions, he faces a gathering economic storm.
With markets driving up government borrowing costs and the prospect of another interest rate rise, Sam Coates and Anne McElvoy examine what the turmoil could mean for mortgage holders, public spending and the government plans going forward.
Could the chancellor be left with almost no room for manoeuvre ahead of October’s budget?
The duo also look ahead to the looming Holborn and St Pancras by-election and whether the Green Party leader – Zac Polanski – will consider standing?
Plus, as Emmanuel Macron arrives in Britain, why are the French taking such a keen interest in the new PM.