The Spanish football team will be received later by King Juan Carlos after arriving back in Madrid, fresh from their triumph at Euro 2012.
Tens of thousands of people are expected to pack the streets of the Spanish capital to watch as the victorious side ride through the city in an open top bus.
More top news
Chancellor George Osborne has announced a £500m investment for the Faslane naval base in Scotland, home of the UK's nuclear deterrent.
Five-times major winner Maria Sharapova has pulled out of the US Open tennis championships due to a leg injury.
Police are hunting for a mother who has disappeared with her 10-week-old baby.