David Cameron has used Sir Ben Ainslie's America's Cup heroics as an excuse to shoehorn in one of his favourite soundbites, tweeting about the sailor's triumph in "the global race":
Talk about winning the #GlobalRace - Sir Ben Ainslie is responsible for one of the greatest ever sporting comebacks in the America's Cup.
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Philip Hammond has dismissed concerns that abolishing stamp duty for first-time buyers will push up house prices.
Elsewhere it will be largely sunny, though with gusty winds at times, and a few showers likely in places.
Heavy rain has caused widespread flooding and travel disruption across north west England and North Wales.