If the Chancellor George Osborne sticks to the current target on national debt he may have to announce tax rises and further spending cuts to achieve it. But the Governor of the Bank of England has indicated he would not complain if the target was missed.
If it's because the world economy has grown slowly, so we have in turn grown slowly, then that would be acceptable. It would not be acceptable if we have no real excuse.
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Theresa May has launched her bid to become the next leader of the Conservative Party.
The government is set to announce that David Cameron's successor will make the decision on whether to expand Heathrow or Gatwick.
Michael Gove is to stand for the Conservative Party leadership, saying he does not believe Boris Johnson can "provide the leadership".