Boris Johnson promises action on cost of living crisis but says higher wages risk further inflation – as it happened

This live blog has now closed, you can read more on Boris Johnson's comments about a potential wage-price spiral' here

The Queen has received a present from the cabinet to mark her Platinum Jubilee, No 10 says. It is a specially-commissioned musical box, with pictures of all the 14 prime ministers who have served here around the side. When it opens it plays Handel's Hallelujah.

In every office there is always someone who organises the presents and this picture, on the No 10 Flickr account, suggests that in cabinet that job falls to Michael Ellis, the paymaster general.