It has been a while though that such a meeting has attracted as much media attention as it has today. That is because Theresa May is preparing to read the riot act to her cabinet which threatens to break into civil war over the issue of Brexit and plans to end austerity.
May will tell the final cabinet meeting before the summer recess that they must put an end to the “unhelpful” leaks of the past few days which were aimed at damaging the chancellor Philip Hammond. The PM says they only serve to boost the chances of Jeremy Corbyn replacing her in 10 Downing Street.
The PM’s intervention is seen as further evidence of the evaporation of loyalty towards her following the disastrous election result, so much so that she yesterday turned to an unlikely source of support in David Cameron. Her predecessor – who yesterday spoke of the need for the party to offer a “more inspiring vision” of the country – was seen entering Downing Street last night.
As speculation over an autumn leadership challenge mounts, the prime minister has a busy summer ahead of her as she attempts to stave off a ‘cabinet of chaos’.
Improvements in life expectancy in England have stagnated over the past seven years, and it is "entirely possible" that austerity has affected the health of elderly Britons, according to a leading health expert. University College London expert Sir Michael Marmot said spending cuts are having “a significant impact” on how long people live.
David Davis' decision to leave Brussels within hours of the start of EU exit talks has led to criticism that the Brexit secretary is failing to engage with the “substance” of the negotiations. A spokesman for Mr Davis has said he always intended overseeing the discussions with opposite number Michel Barnier from London. (£)
Netflix has announced that it now has about 104 million subscribers, a larger-than-expected number that company leaders said was proof that investment in new shows and movies was paying off.
Sir Philip Green has appointed Karren Brady, the entrepreneur best known for her leading roles at West Ham United football club and on The Apprentice, aschairwomen of the company behind his retail empire. Brady will take over the role at Taveta Investments,the parent company of Arcardia Group with immediate effect having been on the board for seven years. (£)
The more UK-focused FTSE 250 closed 112 points, or 0.6%, higher at 19,520. Shares in Weir Group rose 8% after the company posted better-than-expected yearly revenue and operating profit figures.
On the currency markets, the pound fell 0.3% versus the US dollar to $1.31; sterling was also 0.3% down against the euro at €1.14.
Castleton Technology, Ideagen, IG Group Holdings, NCC Group
Alliance Pharma, British Land Company, Clinigen Group, Experian, Royal Mail, Safestyle UK
Assura, British Land Company, Bloomsbury Publishing, Dairy Crest Group, First Group, Scapa Group
(13:30) Import and Export Price Indices (US)
UK Economic Announcements
(09:30) Consumer Price Index
(09:30) Producer Price Index
(09:30) Retail Price Index
Ryan Bourne, who occupies the R Evan Scharf Chair in the Public Understanding of Economics at the Cato Institute in Washington DC, argues inCity A.M. that the government need to make economic growth its overwhelming priority. He says the last government did not appear interested in this and May’s government cannot make the same mistake.
House of Commons
Treasury (including Topical Questions
House of Lords
Promoting trading relationships with Southern African countries - Lord St John of Bletso
Report from the European Union Committee 'Brexit: trade in goods' - Baroness Verma
In recess until 3rd September
House of Commons
Prime Minister's Question Time
Exiting the European Union and sanctions
Job losses at Tesco House, Cardiff - Anna McMorrin
House of Lords
Discussion with governments of the Crown Dependencies about the negotiations for the UK’s withdrawal from the EU - Lord Beith
Action to address the on going refugee crisis and acute food emergency in East Africa - The Earl of Sandwich
Conclusions drawn from consultation on the introduction of a new industrial strategy - Lord Fox
Report by the AGGP on Refugees, 'Refugees Welcome? The Experience of New Refugees in the UK' - The Lord Bishop of Durham