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To have any chance of winning another election, the Labour Party needs to change its leader. But to try to force him out today would be madness.

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The King's speech happens tomorrow, laying out the legislation for the next session – if the Prime Minister is on the way out of the door then the entire thing is a farce, the king is put in a completely impossible position and we will seem ungovernable, ridiculous.

And remember, although this happens at Westminster, this is not a bubble story. It matters to you.

Britain’s long-term borrowing costs are at their highest level since 1998, at the time of........

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