GPs threaten 'standstill' and 'silver for Peaty'

Adam Peaty narrowly missed a gold medal in the Olympic 100m breaststroke final

The Daily Telegraph says the chancellor will announce that Ministry of Defence sites, unused NHS property and Network Rail land could be sold to help fill a black hole in the public finances. It reports there will be a ban on non-essential consultants. The Times says selling surplus public property was a policy championed by former Conservative Chancellor George Osborne and the paper suggests Rachel Reeves will echo his arguments for austerity. However, a Treasury source tells the Guardian that this is not about a "return to austerity", but repairing what they describe as the damage from "14 years of unfunded promises".

The Financial Times stresses that the Treasury has not rejected speculation that the chancellor's statement is a "softening up exercise for tax rises in the autumn". Writing in the Daily Express, shadow chancellor Jeremy Hunt accuses Labour of trying to "fabricate their own truth" to justify tax increases. He suggests Ms Reeves has her eyes firmly set on capital gains tax, inheritance tax and even pensions relief. In its editorial, the Daily Mail says that were the government to slash infrastructure projects and increase wealth taxes, it would "snuff out" growth "in a heartbeat".

Both the Daily Mail and the i lead on the threat that GPs could bring "the NHS to a standstill" if they vote to take industrial action for the first time in 60 years. The ballot closes at midday. The Daily Mail says if the action goes ahead it is feared up to three million GP appointments could disappear every month. The Daily Mirror says underfunding general practice could lead to a two-tier system where some patients go private. The Department of Health tells the i it is planning for all contingencies.

The Guardian and the Times both focus on US efforts to urge Israel to exercise restraint after the rocket attack which killed 12 children and teenagers in the occupied Golan Heights. The Daily Telegraph notes in its leader column that Hezbollah is "an altogether different challenge to Hamas". The prospect of a war spreading across the Middle East will alarm foreign governments which, the paper says, have turned a "blind eye" to the threat from Hezbollah for too long.

On its front page, the Financial Times says the US Vice-President Kamala Harris has raised $200m in the first week of her election campaign. The paper says that is more than either President Joe Biden or Donald Trump collected in the whole of June. The FT says there are signs in the polls that the vice-president is closing the gap between her and Mr Trump.

The Olympic swimmer, Adam Peaty, is pictured on many front pages after being pipped to first place last night by two one-hundredths of a second. Most papers choose a photo in which he is smiling, holding up his silver medal. The Sun says he missed out on gold "by a fingernail" while the Times highlights his post-race comment that he was "crying happy tears". The Mirror sums up its disappointment with a pun on his name, "what a Peaty".

Sign up for our morning newsletter and get BBC News in your inbox.