Sir Keir Starmer has sought to calm the markets and end speculation about Rachel Reeves' future after the chancellor was seen crying in the House of Commons. The pound plummeted and government borrowing costs rose after the incident at prime minister's questions on Wednesday, when Sir Keir failed to guarantee that Reeves would keep her job.

Good morning. Keir Starmer defends Rachel Reeves’ position as chancellor. US House Republicans struggle to find the votes to pass Donald Trump’s big tax bill. And drones are helping clean up Mount Everest.